Higher Rates Fuel Q2 Multi-Year Guaranteed Annuity Sales: Wink

September 7, 2022 by Allison Bell

Higher interest rates and client concerns about stock market volatility pushed sales of multi-year guaranteed annuities (or MYGA contracts) up hard in the second quarter.

U.S. MYGA contract sales increased 82% between the second quarter of 2021 and the latest quarter, to $26 billion, according to new annuity issuer sales survey data from Wink.

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Wink’s Note: I appreciate Allison Bell and ThinkAdvisor showing Wink, Inc. some love, by publishing information on our sales stats.

If you want more of the details from “Wink’s Sales & Market Report,” read here and let us know if you need more! -sjm

Originally Posted at ThinkAdvisor on August 31, 2022 by Allison Bell.