Where is a Safe Place to Put my Retirement Money?

Quick Summary for Savvy Investors: If you're looking for safety, guaranteed growth, and predictable returns in today’s volatile market, a fixed MYGA (Multi-Year Guaranteed Annuity) is one of the smartest places to put your money. Use our Annuity Calculator to see how much you could earn. Click the link above and see the 100% guaranteed return!

What is a Fixed MYGA?

A Multi-Year Guaranteed Annuity (MYGA) is a type of fixed annuity offered by insurance companies that guarantees a fixed interest rate over a predetermined period—usually between 3 and 10 years. It combines the predictability of a bank CD with the tax-deferred growth benefits of a retirement account. Do you ask yourself Where is the Safest Place to Put my Retirement Money? It is here.

Here’s how it works:

• You invest a lump sum with an insurance company.

• You lock in a guaranteed interest rate for the entire term.

• Your earnings grow tax-deferred until you choose to withdraw.

• At the end of the term, you can renew, annuitize, or roll it over into another product.

  
  

If you want your money to grow without the risk of loss, and without being glued to financial news, a MYGA is a great tool for wealth preservation.

Why Fixed MYGAs Are Hot Right Now

Where is a Safe Place to Put my Retirement Money?

The financial environment in 2024 and 2025 has created a perfect storm for MYGAs to shine:

1. Interest Rates Are at Multi-Year Highs

MYGAs track bond yields and interest rate trends. With the Federal Reserve keeping interest rates elevated to combat inflation, many carriers are offering MYGAs at rates of 5.00% to 5.75%.

That’s far better than the average savings account (currently around 0.50% to 1.00%) or even many certificates of deposit (CDs).

2. Stock Market Volatility is Back

The S&P 500 has seen dramatic swings, and many investors are seeking safe havens. MYGAs are not tied to the market and guarantee you won't lose a penny of principal.

3. Tax-Deferred Growth Beats Taxable Accounts

Unlike a brokerage or savings account, the gains from a MYGA aren't taxed until you take the money out. That means you earn compound interest on your interest without paying Uncle Sam every year.

4. Ideal for Pre-Retirees and Retirees

If you’re 50+, a MYGA allows you to grow your money safely and prepare for income later without worrying about losing your nest egg to market crashes.

MYGA vs CD: A Quick Comparison

Feature	MYGA	CD
Backed By	Insurance Company	Bank (FDIC Insured)
Typical Rate	4.50% - 5.75%	2.00% - 4.50%
Term	3-10 Years	6 Months - 5 Years
Tax-Deferred?	Yes	No
Early Withdrawal Penalty	Yes	Yes

While CDs are more liquid and FDIC-insured, MYGAs often offer significantly higher yields and tax advantages.

Why Use AnchorAnnuity.com to Buy a MYGA?

AnchorAnnuity.com is not just another quote engine. We’re a high-end platform built for serious investors and advisors who want access to the nation’s top-rated fixed annuities with zero sales pressure.

Here’s what makes us different:

Independent Access to Dozens of Carriers

We’re not tied to one insurance company. We show you rates from 30+ A-rated insurers so you get the best offer on the market—in seconds.

No Sales Pitch, Just Tools

Our platform is digital-first. No long meetings or annoying phone calls. Just real-time MYGA rates tailored to your investment goals. You can compare, analyze, and even request coverage online.

White-Glove Service for High Net Worth Investors

We focus on clients ready to deposit $100,000 or more. That allows us to deliver ultra-responsive support, custom reporting, and streamlined underwriting.

When Does a MYGA Make the Most Sense?

A MYGA is ideal for:

• Rolling Over a Maturing CD or Bond: Capture higher rates while still avoiding risk.

• Retirement Planning: Lock in a safe return as part of a diversified portfolio.

• Holding Money You Don’t Need Right Away: Planning a home purchase in 5 years? MYGA it.

• Avoiding RMDs Until 73: MYGAs can delay taxable income until you need it.

  
  
  
  

  

  Safest Place to Put Your Retirement Money - Here is an Example

  
  

How Long Should You Lock in a MYGA?

Most investors choose terms between 3 to 7 years. The sweet spot in 2025 seems to be around 5 years, offering rates north of 5.5% while still providing some liquidity at the end of the term.

Don’t want to commit all your funds to one term? Consider laddering multiple MYGAs with different durations (e.g., 3, 5, and 7 years) to maintain flexibility while earning strong returns.

Common MYGA Misconceptions

1. Are MYGAs Risky?No. They’re backed by insurance companies and regulated by state guarantee associations. While they’re not FDIC-insured, A-rated carriers have long histories of honoring their guarantees.

2. Will I Pay Fees to Buy a MYGA?Not with us. AnchorAnnuity.com does not charge a fee to access our quotes or place a MYGA contract. We are paid by the insurance company, not by you.

3. Can I Get Out Early?MYGAs do have surrender charges if you withdraw more than the free withdrawal amount during the term. But most contracts allow for 10% free annual access, and emergency provisions like terminal illness and nursing home waivers.

How to Get a Quote Instantly

Use our Annuity Calculator to input your age, deposit amount, and desired term. You'll instantly see the highest available MYGA rates and the financial ratings of each carrier.

There’s no login required and no spammy follow-up calls. Just real rates, in real time.

Final Thoughts: Don’t Miss This Window

With interest rates likely to drop in the next 12 to 18 months, now is the time to lock in a high MYGA rate while it lasts. These products are ideal for conservative investors who want predictability, tax-deferred growth, and capital preservation.

Whether you’re preparing for retirement, reallocating cash, or simply seeking a better place for your money, a fixed MYGA through AnchorAnnuity.com is a smart and secure move.

Ready to get started? Use the Annuity Calculator now and take control of your financial future with confidence.

AnchorAnnuity.com is the safest place to put your retirement money in the entire market.

Matt Mims

mattmims@anchorannuity.com

(601)-218-7854