December 17, 2024
Think RetireMax Secure For Managing RMDs Effectively
Stability, tax advantages, and income planning -- MYGA is everything an RMD could ask for.
A Multi-Year Guaranteed Annuity (MYGA) can be an excellent option for individuals who need to take Required Minimum Distributions (RMDs) from their retirement accounts. Here are a few reasons why:
- Guaranteed Returns: MYGAs offer a fixed interest rate for a specified period, providing predictable and stable returns.
- Tax Deferral: The interest earned in a MYGA is tax-deferred until withdrawals are made.
- Income Planning: MYGAs can be structured to provide a steady income stream, aligning well with the need to take RMDs.
- Safety and Security: MYGAs offer a level of security that can be reassuring for retirees looking to preserve their capital.
RetireMax Secure rates are as strong as ever and locked in for 3 or 5 years.
Savings accounts can change anytime.
You can directly roll RMDs into a new National Life MYGA as easy as 1,2,3.
1 – Complete new non-qualified MYGA application via eApp.
2 – Complete Withdrawal Request, form 2748, to set up a one-time RMD to the new MYGA.
3 – Deliver the policy after the RMD is processed.
Want an automated solution?
National Life has you covered. Set the customer up with a non-qualified Secure Growth and complete the Automated Withdrawal Program, form 20179, to have this and future RMDs directly sent to the Secure Growth.
Questions? Contact the NLG Sales Desk at 800-906-3310.
