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Latest Montana Life Group Blog Posts

April 5, 2016 by Troy Baccus

What is a Multi-Year Guaranteed Annuity or MYGA?

A popular type of annuity is called a Multi-Year Guaranteed Annuity, or MYGA. Below we’ll explore the question “What is a MYGA?” and give examples of when it’s appropriate to use a MYGA as a savings vehicle. What Does MYGA Stand for? MYGA stands for “Multi-Year Guaranteed Annuity.” It is a fixed annuity, meaning it has a fixed interest

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March 29, 2016 by Brad Gunning

Tax Implications of Disability Insurance

We’re in the heat of tax season and you might be wondering about the tax implications of your disability insurance. This blog post will focus specifically on whether long-term disability insurance is considered taxable. For a more in-depth analysis, please check out the IRS website regarding taxing disability insurance. The first dividing point in determining

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March 16, 2016 by Brad Gunning

New Identity Theft Threat

ABC News: Beware Bank Teller Identity Theft If you don’t currently have an identity theft plan, it might be a good time to get one.  This morning, Good Morning America aired a feature highlighting a new identity theft threat: bank teller identity theft. District Attorney Cyrus Vance explained to ABC News how it works: “Bank tellers

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