Introduction
Annuities are financial products designed to provide retirees with a steady stream of income. They come in various forms, each offering unique features and benefits tailored to suit individual retirement needs. In this article, we will discuss the top fixed annuity rates for all types of fixed annuities, including Multi-year guaranteed annuities (MYGAs) and traditional fixed annuities. We will cover specific rates in this article and dive into the factors that affect these rates and the advantages and disadvantages of each type of annuity.
Fixed Annuities
Fixed annuities offer a guaranteed interest rate for a predetermined period, providing a stable and secure income for retirees. When comparing fixed annuity rates, consider the following factors:
- Contract term: The length of the contract will affect the interest rate offered. Longer terms usually provide higher interest rates. However, tying up your money for an extended period can also increase the risk of inflation eroding your purchasing power over time.
- The financial strength of the issuing company: The credit rating and financial stability of the insurance company are essential as they guarantee the payment of the annuity. Look for companies with strong financial ratings from independent agencies like A.M. Best, Standard & Poor's, or Moody's.
- Additional features: Some fixed annuities offer optional benefits such as inflation protection or death benefits, which may impact the interest rate. These riders can provide added security but often come at an additional cost.
Advantages
- Guaranteed and predictable income: Fixed annuities provide a stable income stream that doesn't fluctuate with market conditions.
- Low investment risk: The principal is protected, and returns are guaranteed, making fixed annuities a safer investment option.
- Protection of principal: The initial investment remains intact, regardless of market fluctuations.
Disadvantages
- Limited growth potential: The returns on fixed annuities are generally lower than other investment options due to their conservative nature.
- Inflation risk: Over time, inflation may erode the purchasing power of the fixed income stream, reducing its value in real terms.
- Less flexibility than other types of annuities: Fixed annuities typically have limited options for withdrawal and payout structures.
Strategies for Finding The Best Fixed Annuity Rates:
- Shop around and compare rates from multiple insurance companies.
- Consider shorter-term contracts, as they may offer higher rates in a rising interest rate environment.
- Evaluate the benefits of optional riders and weigh their costs against the added security they provide.
Best Fixed Annuity Rates (Updated as of January 2026)
When it comes to fixed annuities, Multi-Year Guaranteed Annuities (MYGAs) and Traditional fixed annuities are two popular types of annuities, each with its own features and benefits. The primary difference between traditional fixed annuities and Multi-Year Guaranteed Annuities (MYGAs) lies in the interest rate guarantee period.
MYGAs offer a fixed interest rate for the entire term of the contract, usually ranging from 1 to 10 years. This provides the annuitant with a predictable, stable return on their investment throughout the contract term, but with limited flexibility in adapting to changing market conditions. On the other hand, Traditional fixed annuities guarantee a minimum interest rate for a short term, typically one year. After this period, the insurance company may adjust the interest rate periodically, subject to a guaranteed minimum rate.
The table below describes the best annuity rates for MYGAs, updated as of January 2026. It is important to know that lower-rated companies tend to offer higher rates to compensate for the additional risk that an annuitant takes (remember that annuities are beneficial only as long as the companies providing them maintain solvency). So, I will be mentioning the top MYGA rates for 1) Annuities that are A-rated and above, and 2) Annuities that are rated below A separately.
Best MYGA Rates (Only A-rated and above) as of January 2026
| Product | Company | AM Best | Minimum Premium | Years | Guaranteed Yield |
|---|---|---|---|---|---|
| Axonic Waypoint | AmFirst Insurance | A- | $100,000 | 5 | 5.70% |
| Palladium MYG MAX Annuity | American National | A | $250,000 | 6 | 5.52% |
| Harbourview | Oceanview | A | $100,000 | 10 | 5.45% |
| Multi-Select | Oxford Life | A | $20,000 | 6 | 5.40% |
| Synergy Choice | Aspida Life | A- | $100,000 | 7 | 5.40% |
| ECAccumulate | SBLI - Savings Bank Life Insurance Company | A | $70,000 | 5 | 5.30% |
| Platinum Assure | Americo Life | A | $25,000 | 7 | 5.30% |
| Heritage Elite | Capitol Life Insurance Company | A- | $10,000 | 9 | 5.30% |
| Heritage Premier Plus | Capitol Life Insurance Company | A- | $10,000 | 9 | 5.26% |
| Milestone Max MYGA | Sagicor Life | A- | $75,000 | 6 | 5.25% |
| WealthLock MYGA | Aspida Life | A- | $100,000 | 7 | 5.20% |
| Select Choice | Prosperity Life Group | A- | $100,000 | 7 | 5.15% |
| MYGA Plus | Ibexis Life | A- | $100,000 | 5 | 5.06% |
| Preserve MYGA | ClearSpring Life | A- | $100,000 | 4 | 5.05% |
| NAC Guarantee Plus | North American Co | A+ | $100,000 | 5 | 5.05% |
| Symetra Select Max | Symetra Life Insurance Company | A | $100,000 | 7 | 5.05% |
| MNL Guarantee Pro | Midland National | A+ | $100,000 | 5 | 5.00% |
| Heritage Classic | Capitol Life Insurance Company | A- | $10,000 | 9 | 5.00% |
| Secure Growth | Nationwide Life Insurance Company | A+ | $100,000 | 5 | 4.95% |
| MaxRate | Athene Annuity and Life Company | A+ | $100,000 | 5 | 4.95% |
| Secure Value | United Heritage Life Insurance Company | A- | $7,000 | 7 | 4.95% |
| MyGuarantee Plus | Lincoln Financial Group | A | $100,000 | 10 | 4.95% |
| LunarGuard | AuguStar Life Insurance | A | $100,000 | 5 | 4.90% |
| Pinnacle Plus | Delaware Life Insurance Company | A- | $100,000 | 5 | 4.90% |
| Milestone MYGA (CA) | Sagicor Life Insurance Company | A- | $50,000 | 5 | 4.90% |
| Select Pro | Symetra Life Insurance Company | A | $250,000 | 7 | 4.90% |
| Reliance Guarantee MYGA | Reliance Standard | A++ | $20,000 | 7 | 4.85% |
| SecureFore | Global Atlantic | A | $100,000 | 7 | 4.85% |
| SecureOption Choice | Securian Financial | A+ | $500,000 | 9 | 4.85% |
| SecureGain | MassMutual | A++ | $100,000 | 7 | 4.84% |
| Guarantee-Platinum | Fidelity and Guaranty Life Insurance Co | A | $20,000 | 5 | 4.80% |
| Diamond Head MYGA | Pacific Guardian Life | A | $10,000 | 5 | 4.80% |
| SecureValue | United Heritage Life Insurance Company | A- | $5,000 | 5 | 4.80% |
| RetireMax Secure | Life Insurance Company of Southwest (LSW) | A+ | $100,000 | 5 | 4.80% |
| Guaranty Rate Lock | Guaranty Income Life Insurance Company | A- | $100,000 | 5 | 4.80% |
| Ultra Premier | United of Omaha Life Insurance Company | A+ | $25,000 | 7 | 4.80% |
| Multi Choice Annuity | The Standard Insurance | A | $100,000 | 5 | 4.70% |
| MaxProtect | TruStage - CMFG Life Insurance | A | $100,000 | 7 | 4.70% |
| American Pathway Vision MYGA | Corebridge Financial (AIG) | A | $100,000 | 10 | 4.70% |
| Secure Saver | Protective Life Insurance Company | A+ | $25,000 | 7 | 4.55% |
| Secure Term | New York Life Insurance Company | A++ | $100,000 | 5 | 4.35% |
| MultiVantage | Integrity Life Insurance Company | A+ | $20,000 | 10 | 3.90% |
| Guarantee Shield | American Equity Investment Insurance Company | A | $100,000 | 3 | 3.75% |
Exhibit 1: Best Rated MYGAs (Only A-rated and above) as of January 2026
Note that I have listed only one MYGA product per annuity company, specifically the option offering the highest rate at the time of review. In some cases, a single insurer may offer multiple MYGA products with competitive or even higher rates across different tenures. For example, the American National Palladium MYGA offers a rate of 5.52% for a 6-year term, while the American National Palladium MYGA 7 offers 5.25% for a 10-year term—both of which are higher than many of the MYGAs listed above. It is also important to note that MYGA rates change frequently and can vary by state. As such, investors should always confirm the applicable rate with their annuity provider on the day of purchase.
Best MYGA Rates (Rated below A) as of January 2026
| Product | Company | AM Best | Minimum Premium | Years | Guaranteed Yield |
|---|---|---|---|---|---|
| Anchor MYGA | Gulf Guaranty Life Insurance | B++ | $10,000 | 7 | 6.30% |
| DirectGrowth MYGA | Revol One Insurance Company | B++ | $25,000 | 5 | 5.85% |
| IQumulate | Baltimore Life Insurance Company | B++ | $5,000 | 7 | 5.85% |
| AnnuityAdvantage Classic | American Life and Security Corp | B++ | $1,000 | 5 | 5.81% |
| SafeGuard Plus | Farmers Life Insurance Company | B++ | $10,000 | 10 | 5.80% |
| American Classic | American Life and Security Corp | B++ | $1,000 | 5 | 5.68% |
| Ceres Life MYGA | Ceres Life Insurance Company | B++ | $25,000 | 7 | 5.50% |
| Certainty Select | EquiTrust Life Insurance Company | B++ | $10,000 | 10 | 5.50% |
| Nassau MyAnnuity | Nassau Life and Annuity Company | B++ | $10,000 | 7 | 5.45% |
| Nassau Simple Annuity | Nassau Life and Annuity Company | B++ | $5,000 | 6 | 5.40% |
| Navigator Ultra | Western United Life Insurance Company | B++ | $10,000 | 5 | 5.25% |
| Navigator Elite | Western United Life Insurance Company | B++ | $10,000 | 5 | 5.10% |
| Discovery Plus | Western United Life Insurance Company | B++ | $10,000 | 5 | 4.70% |
| Preferred Choice | Manhattan Life Insurance Company | B++ | $10,000 | 7 | 4.40% |
Exhibit 2: Best Rated MYGAs (Only rated below A) as of January 2026
Note that I have listed only one MYGA product per annuity company, specifically the option offering the highest rate at the time of review. In some cases, a single insurer may offer multiple MYGA products with competitive or even higher rates across different tenures. For example, the Anchor MYGA offers a rate of 6.30% for a 10-year term, while 6.25% for a 7-year term—both of which are higher than many of the MYGAs listed above. It is also important to note that MYGA rates change frequently and can vary by state. As such, investors should always confirm the applicable rate with their annuity provider on the day of purchase.
Best Traditional Fixed Annuities Rates 2026
Unlike MYGAs, Traditional fixed annuities guarantee a minimum interest rate for a short term, typically one year. After this period, the insurance company may adjust the interest rate periodically, subject to a guaranteed minimum rate.
| Product | Company | AM Best | Minimum Premium | Years | First Year Guaranteed Yield | Guaranteed Minimum Term Yield* | Yield Assuming Same Rates |
|---|---|---|---|---|---|---|---|
| American Pathway | Corebridge Financial (Formerly AIG) | A | $100,000 | 5 | 6.11% | 2.00% | 4.86% |
| Apollo-MVA | Reliance Standard Life | A++ | $5,000 | 7 | 6.40% | 1.75% | 4.68% |
| Liberty Select | Liberty Bankers Life Insurance | A- | $5,000 | 7 | 5.90% | 3.32% | 4.61% |
| Apollo-SP | Reliance Standard Life | A++ | $5,000 | 7 | 6.25% | 1.73% | 4.53% |
| Liberty Choice | Liberty Bankers Life Insurance | A- | $5,000 | 5 | 5.30% | 3.38% | 4.50% |
| WealthQuest Citadel Diamond | American National Insurance Company | A | $100,000 | 7 | 6.20% | 3.62% | 4.48% |
| Eagle 8 | United Heritage Life | A- | $8,000 | 10 | 6.00% | 2.75% | 3.30% |
Exhibit 3: Best Rated Traditional Fixed Indexed Annuities as of January 2026
Note that the Guaranteed Minimum Term Yield is the annual yield, including bonuses if applicable, up to the first penalty-free full withdrawal window, assuming the interest rate is reduced to the contractually guaranteed minimum at the first available opportunity, for the duration of the term.
Conclusion
In this comprehensive guide, we have explored the various fixed annuity rates, including traditional fixed annuities and MYGA rates, as well as their respective advantages and disadvantages. As you search for the best fixed annuity rates for each of these annuity types, it's essential to consider not only the rates themselves but also the factors that impact them and how well they align with your retirement goals and financial situation.
By understanding the unique features and benefits of each fixed annuity type, you can make an informed decision about which product best suits your needs. Keep in mind that annuities are long-term investments and should be considered as part of a comprehensive retirement plan. It's always a good idea to consult with a financial advisor to ensure that an annuity is the right choice for your individual needs and circumstances. By doing so, you can confidently build a retirement income strategy that provides financial security and peace of mind during your golden years.
We understand that choosing the right annuity can be a complex decision, influenced by a myriad of factors such as market conditions, individual financial goals, and evolving life circumstances. To better serve you in this critical decision-making process, we regularly conduct in-depth reviews of various annuity products, examining features, costs, and potential benefits. Dive deeper into our extensive reviews here.