Types of Fixed Annuities Explained | Traditional, MYGA, FIA, SPIA, and DIA
7:32
YouTubeThe Annuity Expert | Retirement And Insurance
Types of Fixed Annuities Explained | Traditional, MYGA, FIA, SPIA, and DIA
In this video, we explain the main types of fixed annuities and how each one works. You’ll learn about traditional fixed annuities, multi-year guaranteed annuities (MYGAs), fixed indexed annuities (FIAs), single premium immediate annuities (SPIAs), and deferred income annuities (DIAs). We’ll cover the pros and cons of each, who needs them ...
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