What you say is correct for those who are looking for fixed income in their taxable account and are virtually certain they won't need to liquidate early. This sounds like it is your situation. For others like me, there isn't a good fit in my taxable account for MYGAs. 80% of my taxable account is in stock funds, plus 20% in cash and short term bonds that I want to keep liquid. So for me, MYGAs are part of my fixed income allocation. Again, you're right that the tax-deferral benefit of MYGAs serves no purpose in a tax-deffered account, but they still suit my desire for reasonably conservative bond-like investment.However, a huge advantage that I see with mygas in unqualified accounts is that you are actually getting tax deferral all the while that the money is in the myga and then you can take it out when you are in a lower tax bracket.
Statistics: Posted by geetzromo123 — Sat Oct 11, 2025 7:05 pm — Replies 3827 — Views 652363