Projected Maturity Value
Total Interest
Effective APY
Enter your numbers to see the projection. APY reflects your compounding choice and interest treatment.
FAQs
How is the maturity value calculated?
Reinvest: Future Value = Principal × (1 + r/m)^(m×Years). Interest-out: Future Value = Principal + (Principal × r × Years). Here r is the nominal annual rate and m is compounding frequency.
How does APY change with interest-out?
With interest-out annually, APY equals the nominal rate because the principal does not compound. With reinvest, APY = (1 + r/m)^m − 1 and is higher than nominal.
Does this include taxes or surrender charges?
No. MYGAs are tax-deferred; taxes apply when interest is withdrawn. Contract provisions, MVAs, and surrender schedules vary by carrier.
Can I ladder multiple MYGAs?
Yes—laddering can balance liquidity and rates. We can build a simple 3–5 rung ladder aligned to your time horizons.
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