Overview
My Annuity Store, Inc. provides educational content and tools to help consumers understand annuities. Information on this site is for general educational purposes only and is not individualized financial, tax, or legal advice. Consult your tax advisor or attorney for guidance specific to your situation.
Product Guarantees and Safety
- Insurance company guarantees are subject to the financial strength and claims-paying ability of the issuing insurer.
- Fixed annuities are not bank deposits and are not insured by the FDIC, NCUA, or any federal agency.
- CDs are bank products and may be FDIC-insured up to applicable limits when held at an FDIC-insured institution.
State Guaranty Associations
- Fixed annuities may be covered by state guaranty associations, subject to state law limits, exclusions, and conditions. Coverage is not a substitute for an insurer’s financial strength. For general information, visit your state’s guaranty association website. Do not rely on coverage when selecting an annuity.
Surrender Charges, Market Value Adjustment (MVA), and Liquidity
- Most fixed annuities include a surrender charge schedule that limits liquidity during the surrender period.
- Many contracts allow interest withdrawals or up to 10% of account value penalty-free each year; terms vary by product.
- Some contracts include an MVA that may increase or decrease surrender values based on interest rate movements.
- Early withdrawals from CDs may incur bank penalties.
Annuity Rates and Interest Crediting Strategies
- MYGA (multi-year guaranteed annuity) rates are guaranteed for the stated term; renewals may be at different rates.
- Rates, features, and product availability change frequently and vary by state, age, and premium amount.
- Illustrations or comparisons are hypothetical and not a guarantee of future performance.
Taxation
- Fixed annuity earnings grow tax-deferred; withdrawals of interest are generally taxable as ordinary income.
- Withdrawals before age 59½ may be subject to a 10% federal penalty in addition to ordinary income tax.
- CD interest is generally taxable in the year it is credited, even if not withdrawn.
- We do not provide tax or legal advice. Consult a qualified professional.
Suitability and Recommendations
- Any product discussion is educational. A recommendation requires completing a suitability process and reviewing your goals, time horizon, risk tolerance, liquidity needs, and financial situation.
- Read the product disclosure, contract, and any prospectus or brochure carefully before purchasing.
Data, Tools, and Calculators
- Tools (including the Fixed Annuity vs. CD Calculator and Journey Guide Retirement Planning Calculator) are for educational modeling only and rely on user inputs and assumptions. Results are hypothetical and not guaranteed.
- Actual contract values may differ due to crediting methods, timing, fees, or product-specific provisions.
Compensation and Appointments
- My Annuity Store, Inc. and its licensed agents may receive commissions from insurers when you purchase a product through us. Compensation does not increase your cost.
- My Annuity Store takes a lot of pride in our independence, and we do not sell advertisements or affiliate links.
- We may be appointed with multiple carriers, but we do not represent every insurer or product in the marketplace.
Privacy and Contact
- We respect your privacy. See our Privacy Policy for details on how we use and protect your information.
- Questions? Call 855-277-8088 or email info@myannuitystore.com.
Not an Offer; Licensing
- Content is not an offer or solicitation in any jurisdiction where we are not licensed and/or a product is not approved.
- Product availability and features vary by state and carrier.
Last Updated
- February 25, 2026
