Vermont
Fixed rates up to 6.35% • 100% principal protection
Better than CDs • Tax-deferred growth • No market risk
6,234 conservative investors switched from CDs to MYGAs this year
MYGAs typically pay 0.5% - 2% more than bank CDs with similar safety and terms
No 1099 taxes on interest until withdrawal - unlike CDs that create annual tax bills
Principal guaranteed by insurance reserves and state guaranty associations (like FDIC)
See why conservative investors are switching from CDs to MYGAs
MYGAs pay higher rates than CDs because insurance companies invest in longer-term assets. More yield for you.
CDs generate 1099 taxes annually on interest. MYGAs defer all taxes until withdrawal, letting your money compound faster.
Choose 3, 5, 7, or 10-year terms. Lock in high rates for longer than most CD terms, or choose shorter terms for flexibility.
Rates updated weekly • Actual rate depends on carrier and investment amount
| MYGA Term | Current Rate | Typical CD Rate | MYGA Advantage |
|---|---|---|---|
| 3 Years | 5.50% | 4.50% | +1.00% |
| 5 Years | 6.10% | 4.75% | +1.35% |
| 7 Years | 6.35% | 5.00% | +1.35% |
| 10 Years | 6.20% | 5.00% | +1.20% |
Lock in up to 6.35% with 100% principal protection