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Looking for a Smarter CD Alternative? Why MYGIA Just Makes More Sense

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When clients ask about safe, predictable investment options, many advisors default to Certificates of Deposit (CDs). And for good reason—CDs are conservative, low-risk, and familiar.

But there’s a smarter option you should be offering: the Market Crest™ Multi-Year Guarantee Indexed Annuity (MYGIA). It provides the same kind of principal protection clients expect from CDs—but with more upside potential, tax-deferred growth, and added flexibility.

Let’s break down why MYGIA might be the better fit in today’s market.

CDs vs. MYGIA: What Clients Want vs. What They Get

Feature Traditional CD Market Crest™ MYGIA
Principal Protection ✅ Yes ✅ Yes
Guaranteed Interest Rate ✅ Fixed rate ✅ Fixed rate (3-, 5-, or 7-year options)
Tax Deferral ❌ No – annual interest is taxed ✅ Yes – grows tax-deferred until withdrawal
Market Upside Potential ❌ None ✅ Yes – S&P 500® bonus potential
Early Withdrawal Penalty ✅ Yes ✅ Yes (with built-in flexibility for RMDs and 5% withdrawals)
Qualified & Non-Qualified Options ✅ Yes ✅ Yes – IRAs, 1035 exchanges, rollovers, cash

So, What Makes Market Crest™ a CD Disruptor?

1. Guaranteed Growth PLUS Upside Potential
Clients can select a guaranteed interest period (3, 5, or 7 years). Their premium grows at a competitive fixed interest rate. But here’s where it shines: if the S&P 500® Index performs well, they may earn even more—thanks to the built-in Index Interest Bonus Crediting Rider.

📈 Example: A client who deposits $100,000 with a 4% guaranteed rate over 5 years will receive at least $121,665. But if the market performs well, they could walk away with $144,899—an annualized return of 7.7%.

2. No Market Risk
Unlike mutual funds or variable annuities, Market Crest™ offers zero downside risk. The client’s principal and guaranteed interest are locked in. Even in poor markets, they’ll never earn less than the guaranteed rate.

3. Tax-Deferred Growth
CDs generate 1099s annually—even if your client doesn’t touch the interest. MYGIA grows tax-deferred, giving clients more compounding power and more control over when taxes are triggered.

4. Built-In Liquidity Options
Clients can access:

  • IRS-mandated RMDs without penalty (starting in year one)

  • 5% annual withdrawals (contract value) without surrender charges

  • Waivers for terminal illness or nursing home confinement

5. Ease of Transition
Market Crest™ accepts:

  • Cash deposits

  • 1035 exchanges

  • IRA transfers and rollovers

There’s even a 60-day rate lock for rollovers—giving you and your clients peace of mind during the transition.

Who’s a Good Fit for MYGIA?

✅ CD clients frustrated with low yields
✅ Retirees seeking predictable growth with no market risk
✅ Pre-retirees looking to protect and grow assets tax-deferred
✅ Anyone with idle cash, maturing CDs, or conservative money in IRAs

Bottom Line for Advisors

Market Crest™ MYGIA gives clients the safety of a CD, with the potential for more, fewer taxes, and greater flexibility. It’s a powerful tool to help clients preserve capital, grow assets, and build predictable retirement income.

CDs might feel familiar—but MYGIA gives them more of what they really want.

Let me know if you'd like a client-facing version of this post, a sales script to use with CD owners, or an email template for prospecting.
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