Guggenheim Preserve MYGA 10 Year Fixed Annuity
Minimum Deposit: $10,000 | 4.35% APY
A fixed annuity or MYGA may be suitable for conservative investors who are looking for a safe and steady way to grow their retirement savings.
Guggenheim Preserve MYGA 10 Overview
It’s never too early to start planning for retirement. Selecting a strategy that works best involves assessing your goals, time horizon, and risk tolerance.
A single premium deferred annuity is a product that, for a single initial investment, earns a fixed rate of interest allowing your money to grow on a tax-deferred basis until you decide to begin receiving annuity payments.
Preserve Multi-Year Guaranteed Annuity, a single premium deferred annuity, offers a guaranteed interest rate for the entire 10-year guarantee period.
The Guggenheim Preserve MYGA 10 may be appropriate for individuals who:
- Want a CD alternative due to low CD rates.
- Seek to accumulate money for retirement.
- Have a conservative risk tolerance and want to invest an inheritance or other lump sum.
- Want to secure a fixed annuity payment but not immediate income.
1. Withdrawal any amount free of charges and fees.
2. If you do nothing, the contract renews for the same term at the rates available at that time. Renewal rates for guarantee periods will be based on current economic conditions and are guaranteed to be no less than the guaranteed minimum interest rate of 1.00%.
Not available in: NY, PR, VI
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About Guggenheim Life and Annuity
Group One Thousand One, LLC (“Group 1001”) is an insurance holding company in the United States, with combined assets under management of approximately $59 billion as of December 31. 2021.
Group 1001 is a long-standing, nimble, and tech-driven financial services enterprise established on deep industry expertise and reliable delivery of long-term value through empowering its customers, employees, and communities.
Leveraging upon its record of building successful businesses and strong operating fundamentals, Group 1001 powers the next generation of insurance businesses with useful and intuitive solutions and products accessible to everyone. Group 1001 invests in strategic partnerships as part of our mission to transform communities through sports and education.
Guggenheim Life and Annuity Company and other businesses within “Guggenheim Insurance” are now part of Group 1001 and are no longer subsidiaries of Guggenheim Capital, LLC.
On a mission for setting a new standard in the insurance industry by making insurance more useful and intuitive for everyone, the Group 1001 companies offer life and annuity, property and casualty, and health insurance in addition to other products providing clients with innovative solutions. Learn more at www.group1001.com.