MYGA-2-SPIA for Full-Control Annuity Income: Shootin' It Straight With Stan

[@ericshubert2007]

I’m using this strategy primarily as an inflation hedge using a 5 rung yearly MYGA ladder. The flexibility and tax deferred aspect in a non-IRA account is well suited for this. Inflation is no longer a concern to me. Thanks to Stan!

[@TVHouseHistorian]

Stan, you’re the hostest with the mostest! Great information!

[@cartracer64]

stan, great information. question is you stated that the myga to the spia is a non taxable event? if you had used non-qualified funds for the myga , wouldn't you be responsible for the interest gained on the myga?

[@rajendramahajan2665]

What happens to MRD

[@rajendramahajan2665]

If I put 100 k in mugs 2spia for 5yrs and only take RMD can you give me Quote illustration

[@rajendramahajan2665]

Sorry about typo MYGA 2SPIA

[@richardvolpe1181]

Why not get a spia and myga at same time

[@1timby]

When the MYGA date is due can't you just pull out money and not the interest and then push the rest into another MYGA?

[@dmoon9037]

I believe that tax treatment of distributions comport with the LIFO rule (last in first out, meaning the tax deferred interest that is earned is taxed first out, i.e. before the post-tax principle is withdrawn). Prior to mid-1982 (TEFRA law), I believe FIFO was the rule, such that post-tax principle could be withdrawn first.

[@bobs7123]

Wow. Such a joke dude.