Full Circle Financial Planning

06/15/2026

Most people are familiar with CDs at the bank. You deposit money, earn a fixed interest rate for a set period, and get your money back at maturity.

What many people don't realize is that there is a similar option offered through insurance companies called a Multi-Year Guaranteed Annuity (MYGA).

Like a CD, a MYGA offers a guaranteed interest rate for a specified period. One key difference is that earnings inside a MYGA grow tax-deferred, meaning you don't pay taxes on the interest each year as you would with a non-retirement CD.

That doesn't mean a MYGA is always better—each has its pros and cons—but it's a tool that often flies under the radar when people are evaluating options for cash they don't need immediate access to.

I came across this article that does a nice job explaining some of the differences. If you're comparing CDs, savings accounts, or other conservative options, it's worth a quick read.

Have you heard of a MYGA before?

MYGAs are insurance products intended to generate income, while CDs are bank savings products that generally offer lower interest rates.

06/02/2026

As we celebrate Pride Month, we reaffirm a core belief that’s guided Full Circle from the beginning: everyone—and every family—deserves the chance to plan for a future that honors their unique story.

Love is love. Family is family. And we’re proud to be an ally on your journey.

05/28/2026

Over the last week, we’ve had a couple clients reach out after reading about the “widow penalty” and how surviving spouses can sometimes face higher taxes and Medicare premiums.

Something to be aware of? Absolutely.
Something to panic over? Usually not.

Things to consider:
• Tax brackets shrink after a spouse passes
• Medicare IRMAA thresholds tighten
• RMDs may stay relatively high
• Planning ahead can help reduce surprises

Every situation is different, especially depending on pensions, Social Security, and retirement account balances.

If you have questions about what your future tax situation could look like, let’s talk.

Surviving spouses often face a 'widow's penalty' in taxes, leading to higher bills and lower deductions. Learn how to mitigate it.

05/04/2026

If you’re in your 40s or early 50s, read this.

You’ve probably done a great job saving for retirement.

401(k)? ✔
Roth IRA? ✔

But everything else still feels… tight.

That’s usually not a savings problem.
It’s a structure problem.

If retirement is on track, the next step is building flexibility for everything happening before it.

https://www.fullcirclefp.com/post/how-much-is-too-much-in-retirement