Rising interest rates are now making a particular type of annuity — known as a Multiyear Guaranteed Annuity or a MYGA — worth considering, experts say.
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Personal finance journalists and advisers have often discouraged people from buying annuities for retirement income because the financial products can be complicated and laden with high, hidden fees.
But rising interest rates are now making a particular type of annuity — known as a Multiyear Guaranteed…
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