Guaranteed Growth. Income You Can't Outlive.
MYGA annuities offer CD-like simplicity with higher rates and tax-deferred growth. Fixed Index Annuities capture market upside with a contractual 0% floor. Compare live rates from 50+ A-rated carriers — no personal info required.
MYGA vs. Bank CD
MYGA vs. Fixed Index Annuity
Both protect your principal. Both grow tax-deferred. The difference is how interest is credited.
Multi-Year Guaranteed Annuity
Predictable. Guaranteed. Simple.
A MYGA pays a fixed, contractually guaranteed interest rate for a set term — typically 3, 5, 7, or 10 years. Your principal is fully protected. Think of it as a bank CD issued by an insurance carrier: same safety, consistently higher rates, and no annual tax drag because growth is deferred until withdrawal.
- ✓Fixed rate locked for the full term
- ✓Principal 100% protected by contract
- ✓Tax-deferred growth — no 1099 each year
- ✓10% annual free withdrawal in most contracts
- ✓Rates consistently higher than bank CDs
Best for
Fixed Index Annuity
Upside Potential. Zero Downside.
A Fixed Index Annuity (FIA) credits interest based on the performance of a market index — commonly the S&P 500 — without directly investing in the market. A contractual 0% floor means when the market drops, you earn nothing (not lose). When markets rise, you participate in gains up to a cap or participation rate.
- ✓0% floor — market losses never reduce your value
- ✓Index-linked growth (S&P 500, NASDAQ, or other)
- ✓Participation rates typically 50–110% of index gains
- ✓Annual cap or spread applied to credited interest
- ✓Optional income riders for guaranteed lifetime income
Best for
Who annuities are built for
You don't have to be wealthy to benefit from guaranteed growth. You just have to value certainty over speculation.
Pre-Retirees (Ages 50–75)
You're close to the finish line and can't afford a major market drawdown. A MYGA or FIA lets you lock in gains, stop worrying about sequence-of-returns risk, and arrive at retirement with a known number.
401(k) & IRA Rollovers
Moving an old workplace plan to safer ground? A direct rollover into a MYGA or FIA is tax-free, preserves your principal, and often delivers higher guaranteed interest than money market or stable value funds.
Conservative Investors
You prioritize not losing over potentially winning big. Annuities offer contractual principal protection that no brokerage account can match — backed by the claims-paying ability of A-rated insurance carriers.
How it works
Four steps. No ongoing management. No complexity.
Choose your product and term
Select MYGA or FIA based on your timeline and growth preference. Pick your term length — typically 3, 5, 7, or 10 years. Longer terms generally offer higher rates.
Fund your annuity
Use a lump-sum deposit, a direct IRA/401(k) rollover, or a tax-free 1035 exchange from an existing insurance contract. Minimum investment is typically $10,000.
Watch it grow — no management needed
For MYGA: your rate is locked and credits automatically. For FIA: interest is credited annually based on index performance, subject to cap and floor. No fees eating your return.
Access your money at maturity
At the end of your term, you can renew, roll to another carrier for a better rate, activate lifetime income, or take the full value. Your decision, entirely.
Today's Best MYGA Rates
Rates updated in real-time from our carrier network. Powered by Back9.
Minimum $10,000
Rates change. Lock yours in now.
MYGA rates are tied to the Fed funds rate. When rates fall, so do annuity yields. The best time to lock in a guaranteed rate is before the next cut.
Free 30-minute call. We'll show you which carriers offer the best rate for your situation and walk you through the application if you're ready.
Annuity rates are subject to carrier approval and change without notice. This page is for educational purposes only and does not constitute an offer or guarantee of any specific rate. Fixed Index Annuities are insurance products, not securities — they do not directly participate in the stock market. Indexed crediting is subject to participation rates, caps, and spreads that may change at renewal. Surrender charges apply during the contract term. VeraLife Insurance Group, NPN 21426840, is a licensed insurance broker. State guarantee fund limits vary.