We are now officially in the month of October; the trees are changing colors and we are getting our fall crisp days. I do enjoy Fall and its many activities which may include football, bonfires, apple picking and carving the best jack-o-lanterns with the kids. It’s the perfect sweater weather, not to hot and not to cold.
October starts the final quarter of the year which means the amount of time left for working in 2022 is winding down. I find this to be a great time of reflection on the events of the year so far. During this time, you can assess your current financial situation and review the past year. Are you meeting your financial goals? If there are areas that need improving, commit to making those changes now! Please do not hesitate to call us if you have any financial questions, we are here to help and answer all questions!
It has been sometime since we have seen interest rates at current levels. Interest-bearing investment vehicles such as bonds, CD’s, MYGA’s, and others have become more attractive. For example, some providers are offering a fixed annuity rate over 5% for 5 years, as of 9/23/2022. There are also 3-year rates available at various interest rates from many providers. We work with several carries that offer the above-mentioned products. Please call to learn more. Rates being offered are subject to change at any time. MYGA’s are subject to early withdrawal penalties and do have specific contract rules