042: MYGA Secrets You Need to Know
“Fun With Annuities” The Annuity Man Podcast
Release Date: 02/02/2021
Annuity Strategies for 80 & 90 Year Olds: Shootin’ It Straight With Stan
“Fun With Annuities” The Annuity Man Podcast
If you’re in your 80s or 90s or caring for someone who is, this episode breaks down no-BS annuity strategies that actually make sense. Discover how to protect principal, strip out excessive fees, and set up simple, contractual income or legacy plans without getting sold a “whiz-bang” product. In this episode, The Annuity Man discussed: Annuity suitability for people in their 80s and 90s Why complex annuities (indexed, variable, RILAs) are often inappropriate Using 1035 transfers to move into MIGAs Designing legacy and income strategies with period-certain...
info_outline
Golden Goose of Annuities Confidence: Fun With Annuities
“Fun With Annuities” The Annuity Man Podcast
Why haven’t annuities collapsed even when a carrier fails? In this episode, you’ll learn how the “golden goose of annuity confidence” is protected behind the scenes—by state guarantee funds, big carriers, and a quiet “annuity mafia” that refuses to let the system break. In this episode, The Annuity Man discusses: State guarantee funds vs. FDIC The “golden goose of annuity confidence” Role of big carriers and the “annuity mafia” Demographic tidal wave of retiring boomers Private credit exposure and carrier selection strategy Key...
info_outline
Contractual Drool Cups & Annuity Diapers: Shootin’ It Straight With Stan
“Fun With Annuities” The Annuity Man Podcast
In this episode, Stan “The Annuity Man” delivers a blunt, edutaining wake-up call about the realities of aging, why retirement is really “chapter two,” and how to use annuities and intentional spending so you don’t die with a pile of unspent money and a lifetime of regrets. In this episode, The Annuity Man discussed: Contractual drool cups and annuity diapers as a reality check Three phases of retirement: go-go, slow go, no go Core functions and questions behind annuity planning Learning to spend, enjoy life, and give money while alive Lifestyle, legacy,...
info_outline
Peel and Play Annuities: Shootin’ It Straight With Stan
“Fun With Annuities” The Annuity Man Podcast
Looking for a way to protect your principal, skip the fees, and simply live off the interest? In this episode, Stan breaks down “peel and play” annuities and shows how multi-year guarantee annuities (MIGAs) offer simple, contractual returns without the complexity or risk of market-based products. In this episode, The Annuity Man discussed: Peel and play annuities concept and misconceptions How multi-year guarantee annuities (MIGAs) work Tax deferral advantages vs. CDs Building and managing a MIGA ladder strategy MIGAs for risk management and legacy planning ...
info_outline
Faith, Fiduciaries and Annuities: Fun With Annuities
“Fun With Annuities” The Annuity Man Podcast
When faith, trust, and money intersect, consumers can get hurt. In this episode, Stan the Annuity Man calls out prosperity gospel sales tactics, misused fiduciary labels, and explains how to protect yourself with contractual guarantees and a true second opinion. In this episode, The Annuity Man discussed: Definition and misuse of the “fiduciary” label Religion, churches, and faith-based annuity sales Prosperity gospel and financial product pitching Friends, family, and local agents selling limited annuity options The importance of second opinions and...
info_outline
Lifetime Income Backstops: Shootin’ It Straight With Stan
“Fun With Annuities” The Annuity Man Podcast
Think annuities mean your money disappears when you die? In this episode, Stan The Annuity Man breaks down lifetime income backstops and shows how to structure annuities so every penny is guaranteed to go to your beneficiaries—not the “evil annuity company.” In this episode, The Annuity Man discussed: Common misconceptions about lifetime income annuities Life-only annuities vs. annuities with backstops Single premium immediate annuities, deferred income annuities, and QLACs Cash refund, installment refund, and period certain structures Income riders on index and...
info_outline
Annuities Produce Fun Coupons: Shootin’ It Straight With Stan
“Fun With Annuities” The Annuity Man Podcast
What if you treated every dollar as a “fun coupon” instead of something to hoard and stress over? In this episode, Stan The Annuity Man lays out how annuities can create guaranteed income, break the scarcity mindset, and give you permission to finally enjoy Chapter Two of your life. In this episode, The Annuity Man discusses: Money as “fun coupons” and winning the game Core purposes of annuities and principal protection Taxes, rich mindsets, and not over-optimizing Scarcity scars, personal hardship, and financial trauma Using guaranteed income to actually enjoy...
info_outline
Annuitization Sweeping the Nation: Fun With Annuities
“Fun With Annuities” The Annuity Man Podcast
Discover why annuitization has quietly powered lifetime income for over 200 years—and why it’s poised to “sweep the nation” as more Americans hit retirement age. In this episode, you’ll hear a no-fluff breakdown of how annuities really work, how they compare to Social Security, and how to secure chapter two of your life with guaranteed income. In this episode, The Annuity Man discussed: Historical roots of annuities and annuitization Annuitization as lifetime income and its connection to Social Security Impact of AI, medical advances, and longevity on annuity...
info_outline
What Are Life Insurance Death Bonds?: Shootin’ It Straight With Stan
“Fun With Annuities” The Annuity Man Podcast
Ever wondered what really happens when companies offer to “buy your life insurance policy” or your annuity payments? In this episode, Stan “The Annuity Man” pulls back the curtain on life insurance death bonds, secondary market annuities, and the ethical gray areas you need to understand before you cash out. In this episode, The Annuity Man discussed: Life insurance death bonds explained How companies buy life insurance policies and death benefits 1035 exchanges and moving life insurance cash value into annuities Secondary market annuities, structured...
info_outline
Is The IRS Living in Your Head Rent Free?: Shootin’ It Straight With Stan
“Fun With Annuities” The Annuity Man Podcast
Is the IRS living in your head rent-free? Stan the Annuity Man breaks down why tax obsession might be costing you more joy than dollars and what to focus on instead. In this episode, The Annuity Man discussed: Obsession with taxes and IRS rules Future tax rates, national debt, and policy uncertainty Roth conversions, rule changes, and break-even analysis QLACs, annuities, and tax-related product decisions Scars of scarcity, spending in retirement, and enjoying life now Key Takeaways: Letting tax fears dictate every financial and lifestyle decision can rob you...
info_outlineIn this episode, The Annuity Man discusses:
- What a MYGA (Multi-year Guaranteed Annuity) is.
- The negatives to a MYGA.
- The length of time on a MYGA term.
- The hidden secrets of a MYGA.
Key Takeaways:
- Multi-year guarantee annuities and fixed indexed annuities are both CD products.
- Interest rates do not have to go up, there is a good argument for them to go to zero (even if we hope it doesn’t).
- If you get to the end of your surrender term, you can then transfer it to another MYGA and keep pushing the tax puck down the ice.
- There is no urgency to own an annuity, the only urgency is to understand it.
"If you like simplicity, if you like short term, if you like understanding what you own, a MYGA is your product." — Stan The Annuity Man
Connect with The Annuity Man:
Website: TheAnnuityMan.com
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals
YouTube: Stan The Annuity Man