Best 6-Year Fixed Annuity Rates for June 25, 2026

A 6-year fixed annuity (MYGA) locks a guaranteed rate for six years with principal protection and tax-deferred growth. Right now it sits in a rate sweet spot: currently, the top 6-year fixed annuity rate is 6.00% from American Gulf (Anchor MYGA 6, rated B++) – notably higher than the best 8-year product, a reminder that a longer term does not always pay more.

Best 6-Year Fixed Annuity Rates Today

Every rate below is pulled live from 90+ top annuity companies and refreshes every six hours. The current top 6-year rate is 6.00% from American Gulf (Anchor MYGA 6, AM Best B++). Products marked SI use simple interest; rates vary by state and minimum premium.

What Is a 6-Year Fixed Annuity (MYGA)?

A 6-year fixed annuity locks one guaranteed interest rate for a 72-month term. Six years is long enough that carriers can invest in higher-yielding longer-duration bonds, which is part of why 6-year rates are currently among the strongest on the sheet – and why most banks do not offer a comparable 6-year CD at all.

Who Is a 6-Year Fixed Annuity For?

A 6-year MYGA fits money you can commit for the medium-long term and want locked at a strong guaranteed rate – a pre-retirement parking spot, a longer ladder rung, or a bond-portfolio alternative without mark-to-market swings. Because banks rarely offer 6-year CDs, the MYGA is often the only way to guarantee a rate this far out.

6-Year Fixed Annuity vs. 6-Year CD: Which Pays More?

Most banks cap CDs at five years, so a true 6-year CD is hard to find – and the rare ones pay well under the 6.00% available here. That scarcity is exactly why a 6-year MYGA is attractive: it locks a competitive rate over a horizon where bank products largely disappear, with tax deferral on non-qualified money on top.

What Happens When the 6-Year Term Ends?

After six years you get a maturity window to withdraw without surrender charges, renew, 1035 exchange, or annuitize. Auto-renewal is common, so read the maturity notice and re-shop the market – especially since the rate environment six years out may look very different.

How We Source Our Rates

Rates are sourced from AnnuityRateWatch and refreshed every six hours across the full independent market – not a curated shortlist. Our editorial floor is B+ or higher by AM Best; lower-rated products may appear in the full filterable table, always with the rating disclosed. Guarantees are backed by the claims-paying ability of the issuing insurer. State guaranty association limits apply and vary by state. Not a bank product; not FDIC insured.

6-Year Fixed Annuity Rate FAQs

What is the best 6-year fixed annuity rate right now?

Currently, the best 6-year fixed annuity rate is 6.00% from American Gulf (Anchor MYGA 6, AM Best B++). The live table above shows current 6-year rates by carrier.

Why does a 6-year annuity pay more than an 8-year right now?

Annuity rates follow the bond yields each carrier can capture, and right now the curve favors the 6-year – the top 6-year (6.00%) out-pays the top 8-year (5.40%). A longer term does not automatically pay more; always compare the actual rate by term before committing.

Is there such a thing as a 6-year CD?

Rarely. Most banks stop at 5-year CDs, and the few 6-year CDs available pay well below 6.00%. A 6-year MYGA is often the only way to lock a competitive guaranteed rate over a six-year horizon.

Should I lock in a 6-year annuity rate now?

With 6-year rates currently near the top of the sheet and the Fed easing, locking 6.00% now removes reinvestment risk for money you can commit. If you may need access sooner, a shorter term or a ladder is worth considering.

How is a 6-year MYGA taxed?

Interest in a non-qualified 6-year MYGA grows tax-deferred and is taxed as ordinary income when withdrawn (earnings first, under LIFO). Gains taken before age 59½ may face a 10% IRS penalty. IRA-held contracts follow IRA rules.

Can I withdraw money before the 6-year term ends?

Most 6-year MYGAs allow about a 10% penalty-free withdrawal each year. Larger early withdrawals during the surrender period can trigger surrender charges and a market value adjustment, so confirm the contract terms.

What happens when my 6-year term ends?

You get a maturity window to withdraw penalty-free, renew, 1035 exchange, or annuitize. Many contracts auto-renew if you take no action, so read the notice and compare current rates.

How does a 6-year MYGA fit into an annuity ladder?

A 6-year rung anchors the longer end of a ladder, locking a strong rate while shorter rungs free up cash periodically. Pairing it with 2- and 4-year terms balances liquidity with the higher yields longer terms can offer.

Are 6-year fixed annuities safe?

Guarantees rest on the issuing insurer’s claims-paying ability, backstopped by state guaranty association coverage (limits vary by state; not FDIC). Higher-rated carriers and coverage-limit sizing reduce risk.

Can I fund a 6-year MYGA with my IRA?

Yes. A 6-year MYGA can be held in a Traditional, Roth, or SEP IRA or funded from a 401(k) rollover via direct transfer, adding a guaranteed long-horizon rate and principal protection.

Do 6-year annuity rates vary by state or deposit amount?

Yes. Availability and the exact rate depend on your state, premium size, and optional features. The live table reflects what is offered where you live.

Who Is Behind This Page?

Jason Caudill, MBA, is the founder of My Annuity Store and has spent his career helping clients protect retirement savings with annuities from top carriers. My Annuity Store is independent and not affiliated with any single carrier, so the rankings here reflect the full market, not one company’s lineup. My Annuity Store is 100% independent and licensed in 47 states.

More on Fixed Annuity Rates

• All fixed annuity rates
• 2-year · 3-year · 4-year · 5-year · 6-year · 7-year · 8-year · 9-year · 10-year
• Fixed annuity vs. CD
• What is a MYGA? Complete guide