MYGAs vs CDs

[casailio]

Here's a short video comparing CDs vs Annuities.

 

[goillini52]

Here's a short video comparing CDs vs Annuities.

That's comparing Single Premium Life to Annuities.

 

[Stephen]

That's comparing Single Premium Life to Annuities.

Let's not get bogged down in the details here

 

[DHK]

I wouldn't look to get hung up on product comparison details. I'd look to determine what the problem is, and find ways to solve the problem.

In this case, a split annuity strategy would probably be a far better solution than just using CD interest for income.