Updated 6/1/2023

Best Fixed Annuity Rates for June 2023

We are a direct to consumer multi-carrier annuity platform with the largest annuity product mix in the U.S. Compare more than 400 live annuity rates, download brochures, quickly access annuity company reviews and financial ratings, and complete your application online.,

What is the Best Annuity Rate Today?

As of June 1, 2023, Ibexis offers the best fixed annuity rate of 5.65%* for a 5 year fixed annuity. Fixed annuities provide a guaranteed annuity rate for a specified period of time and are often referred to as a “CD Type Annuity” because of their similarities to a Certificate of Deposit.

Best Annuity Rates by Term

Below are today’s best 2 year annuity rates through 10 year annuity rates. If you are looking for a specific annuity product or annuity company you can search, sort, and filter our entire annuity rate database (300+ annuities) here.

TermInsurerCompany DetailsAnnuity RateAM BestApplication
2 Years Oceanview Life and Annuity Logo OceanviewHarbourview 4.60%A-
3 Years UpStream Life Upstream LifeSecure Legacy5.65%
4 Years Americo Financial Annuity Logo AMERICOPlatinum Assure5.05%A
5 Years Ibexis Annuity Logo Ibexis MYGA Plus5.80% SimpleA-
6 Years Nassau Logo NassauSimple Annuity5.25%B++
7 Years Atlantic Coast Life Logo Atlantic Coast LifeSafe Harbor 5.46%B++
8 Years American National Annuity Logo American NationalPalladium MYG5.30%A
9 Years American National Annuity Logo American NationalPalladium MYG5.30%A
10 Years Equitrust Annuity Logo EquiTrustCertainty Select5.40%B++

*NOTE: Click on the insurance company or annuity product name for more details. You can find fixed index annuity rates here if you are looking for them instead.

Best 3 Year Annuity Rates

Upstream Life Insurance Company currently has the highest  3 year fixed annuity rate of 5.65% (rate not available in every state).

TermInsurerAnnuityRateAM BestApply Online
3 Years UpStream Life Upstream LifeSecure Legacy5.65%
3 Years SILAC Insurance Company Logo
SILACSecure Savings Elite5.40%B+
3 Years American Life Logo American LifeAmerican Classic5.25%B++

Best 5 Year Annuity Rates

The best 5 year fixed annuity rate today is 5.80% available in the Ibexis MYGA Plus Annuity.

TermInsurerCompany ProfileAnnuityRateAM BestApply
5 Years Ibexis Annuity Logo Ibexis LifeIbexis MYGA Plus5.80% SimpleA-
5 Years Farmers Life Annuity Logo Farmers LifeSafeguard Plus5.50%B++
5 Years Atlantic Coast Life Logo Atlantic Coast LifeSafe Haven 55.45%B++

Best 7 Year Annuity Rates

As of May 22, the best 7-year fixed annuity rate is 5.46% available in the Atlantic Coast Life Safe Harbor 7 Year Annuity.

TermInsurerCompany DetailsAnnuityRateAM BestApply
7 Years Atlantic Coast Life Logo Atlantic Coast LifeSafe Harbor 5.46%B++
7 Years Nassau Logo NassauMyAnnuity 75.35%B++
7 Years American National Annuity Logo American NationalPalladium MYG5.30%A

Best 10 Year Annuity Rates

EquiTrust currently offers the best 10 year fixed annuity rate of 5.40% as of May 22, 2023.

TermInsurerInsurer ReviewAnnuityRateAM BestApplication
10 Years Equitrust Annuity Logo EquiTrustCertainty Select5.40%B++
10 Years American National Annuity Logo American NationalPalladium MYG5.30%A
10 Years Security Sentinel Life Logo Sentinel SecurityPersonal Choice5.25%B++

Free Annuity Quote

Complete the form below and we’ll email your annuity quote within four business hours. For more immediate assistance you can reach us at 855-583-1104, or use our annuity rates calculator.

All Annuity Rates

CompanyRatingAnnuityRateTermPremiumWithdrawals
AIGAAmerican Pathway VisionMYG 104.30%10 yrs$100K+0% / 15%
AIGAAmerican Pathway VisionMYG 103.20%10 yrs$10K+0% / 15%
American General Life Insurance CompanyAAssured Edge Income Achiever2.50%10 yrs$25K+10% / 10%
American LifeB++American Classic 3 (No Liquidity)5.41%3 yrs$1K+0% / 0%
American LifeB++American Classic 3 Year5.25%3 yrs$1K+0% / 10%
American LifeB++American Classic 5 (No Liquidity)5.43%5 yrs$1K+0% / 0%
American LifeB++American Classic 5 Year5.30%5 yrs$1K+0% / 10%
American NationalAPalladium MYG Annuity 55.15%5 yrs$250K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 55.15%5 yrs$250K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 55.00%5 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 55.00%5 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 55.00%5 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 54.90%5 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 54.90%5 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 54.90%5 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 65.20%6 yrs$250K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 65.20%6 yrs$250K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 65.05%6 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 65.05%6 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 65.05%6 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 64.95%6 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 64.95%6 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 64.95%6 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 75.45%7 yrs$250K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 75.45%7 yrs$250K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 75.30%7 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 75.30%7 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 75.30%7 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 75.20%7 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 75.20%7 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 75.20%7 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 85.45%8 yrs$250K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 85.45%8 yrs$250K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 85.30%8 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 85.30%8 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 85.30%8 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 85.20%8 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 85.20%8 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 85.20%8 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 95.45%9 yrs$250K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 95.45%9 yrs$250K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 95.30%9 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 95.30%9 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 95.30%9 yrs$100K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 95.20%9 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 95.20%9 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 95.20%9 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 105.20%10 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 105.20%10 yrs$5K+10% / 10%
American National Insurance CompanyAPalladium MYG Annuity 105.20%10 yrs$5K+10% / 10%
AmericoAPlatinum Assure 24.30%2 yrs$25K+3% / 3%
AmericoAPlatinum Assure 34.55%3 yrs$25K+3% / 3%
AmericoAPlatinum Assure 45.05%4 yrs$25K+5% / 5%
AmericoAPlatinum Assure 5 CA5.25%5 yrs$25K+10% / 10%
AmericoAPlatinum Assure 55.25%5 yrs$25K+5% / 5%
AmericoAPlatinum Assure 65.25%6 yrs$25K+5% / 5%
AmericoAPlatinum Assure 75.25%7 yrs$25K+5% / 5%
AspidaA-Synergy Choice 24.20%2 yrs$100K+0% / 0%
AspidaA-Synergy Choice 24.05%2 yrs$25K+0% / 0%
AspidaA-Synergy Choice 34.90%3 yrs$100K+0% / 0%
AspidaA-Synergy Choice 34.75%3 yrs$25K+0% / 0%
AspidaA-Synergy Choice 55.15%5 yrs$100K+0% / 0%
AspidaA-Synergy Choice 55.00%5 yrs$25K+0% / 0%
AspidaA-Synergy Choice 75.25%7 yrs$100K+0% / 0%
AspidaA-Synergy Choice 75.10%7 yrs$25K+0% / 0%
Athene AIAAthene Max Rate 34.75%3 yrs$100K+Int / Int
Athene IAAAthene Max Rate 3 (state specific)4.75%3 yrs$100K+Int / Int
Athene IAAAthene Max Rate 34.50%3 yrs$10K+Int / Int
Athene IAAAthene Max Rate 3 (state specific)4.50%3 yrs$10K+Int / Int
Athene IAAAthene Max Rate 55.20%5 yrs$100K+Int / Int
Athene IAAAthene Max Rate 5 (state specific)5.15%5 yrs$100K+Int / Int
Athene IAAAthene Max Rate 75.25%7 yrs$100K+Int / Int
Athene IAAAthene Max Rate 7 (state specific)5.20%7 yrs$100K+Int / Int
Athene IAAAthene Max Rate 74.85%7 yrs$10K+Int / Int
Athene IAAAthene Max Rate 7 (state specific)4.80%7 yrs$10K+Int / Int
Atlantic Coast Life Insurance CompanyB++Safe Haven 35.38%3 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 3 - 86-905.13%3 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 3 FL4.98%3 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 55.45%5 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 5 FL5.35%5 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 5 - 86-905.20%5 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 65.42%6 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 6 FL5.32%6 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 6 - 86-905.17%6 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 75.44%7 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 7 FL5.34%7 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 7 - 86-905.19%7 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 105.25%10 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 10 FL5.15%10 yrs$5K+0% / 0%
Atlantic Coast LifeB++Safe Haven 10 - 86-905.00%10 yrs$5K+0% / 0%
CL LifeB++CL Sundance 24.30%2 yrs$20K+0% / 0%
CL LifeB++CL Sundance 35.40%3 yrs$20K+Int / Int
CL LifeB++CL Sundance 55.50%5 yrs$20K+Int / Int
Clear Spring LifeA-Preserve MYGA 14.40%1 yrs$250K+0% / 10%
Clear Spring LifeA-Preserve MYGA 14.30%1 yrs$10K+0% / 10%
Clear Spring LifeA-Preserve MYGA 24.60%2 yrs$250K+0% / 10%
Clear Spring LifeA-Preserve MYGA 24.50%2 yrs$10K+0% / 10%
Clear Spring LifeA-Preserve MYGA 34.90%3 yrs$250K+0% / 10%
Clear Spring LifeA-Preserve MYGA 34.80%3 yrs$10K+0% / 10%
Clear Spring LifeA-Preserve MYGA 44.90%4 yrs$250K+0% / 10%
Clear Spring LifeA-Preserve MYGA 44.80%4 yrs$10K+0% / 10%
Clear Spring LifeA-Preserve MYGA 64.90%6 yrs$250K+0% / 10%
Clear Spring LifeA-Preserve MYGA 64.80%6 yrs$10K+0% / 10%
Clear Spring LifeA-Preserve MYGA 74.90%7 yrs$250K+0% / 10%
Clear Spring LifeA-Preserve MYGA 74.80%7 yrs$10K+0% / 10%
Clear Spring LifeA-Preserve MYGA 84.90%8 yrs$250K+0% / 10%
Clear Spring LifeA-Preserve MYGA 84.80%8 yrs$10K+0% / 10%
Clear Spring LifeA-Preserve MYGA 94.90%9 yrs$250K+0% / 10%
Clear Spring LifeA-Preserve MYGA 94.80%9 yrs$10K+0% / 10%
Clear Spring LifeA-Preserve MYGA 104.95%10 yrs$250K+0% / 10%
Clear Spring LifeA-Preserve MYGA 104.85%10 yrs$10K+0% / 10%
EquiTrust Life Insurance CompanyB++Certainty Select 35.00%3 yrs$10K+Int / Int
EquiTrust Life Insurance CompanyB++Certainty Select 55.25%5 yrs$10K+Int / Int
EquiTrust Life Insurance CompanyB++Certainty Select 65.30%6 yrs$10K+Int / Int
EquiTrust Life Insurance CompanyB++Certainty Select 85.35%8 yrs$10K+Int / Int
Farmers Life Insurance CompanyB++Farmers Safeguard Plus 35.25%3 yrs$10K+Int / Int
Farmers Life Insurance CompanyB++Farmers Safeguard Plus 55.50%5 yrs$10K+Int / Int
Farmers Life Insurance CompanyB++Farmers Safeguard Plus 75.20%7 yrs$10K+Int / Int
Farmers Life Insurance CompanyB++Farmers Safeguard Plus 105.15%10 yrs$10K+Int / Int
Fidelity & Guaranty LifeA-FG Guarantee-Platinum 74.90%7 yrs$20K+Int / Int
GBU LifeA-Assetguard Select 24.20%2 yrs$100K+10% / 10%
GBU LifeA-Assetguard Select 24.10%2 yrs$25K+10% / 10%
GBU LifeA-Assetguard Select 44.55%4 yrs$100K+10% / 10%
GBU LifeA-Assetguard Select 44.35%4 yrs$25K+10% / 10%
Guaranty Income LifeA-Guaranty Rate Lock 34.50%3 yrs$100K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 44.60%4 yrs$100K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 44.60%4 yrs$250K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 44.50%4 yrs$10K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 55.00%5 yrs$100K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 55.00%5 yrs$250K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 54.90%5 yrs$10K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 64.60%6 yrs$100K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 64.60%6 yrs$250K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 64.50%6 yrs$10K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 74.60%7 yrs$100K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 74.60%7 yrs$250K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 74.50%7 yrs$10K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 7 (Non MVA)4.35%7 yrs$100K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 7 (Non MVA)4.35%7 yrs$250K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 7 (Non MVA)4.25%7 yrs$10K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 94.60%9 yrs$100K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 94.60%9 yrs$250K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 94.50%9 yrs$10K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 9 (Non MVA)4.35%9 yrs$100K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 9 (Non MVA)4.35%9 yrs$250K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 9 (Non MVA)4.25%9 yrs$10K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 104.60%10 yrs$100K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 104.60%10 yrs$250K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 104.50%10 yrs$10K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 10 (Non MVA)4.35%10 yrs$100K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 10 (Non MVA)4.35%10 yrs$250K+0% / 5%
Guaranty Income LifeA-Guaranty Rate Lock 10 (Non MVA)4.25%10 yrs$10K+0% / 5%
IbexisA-MYGA Plus 3 (Simple Interest)5.00%3 yrs$100K+0% / 10%
IbexisA-MYGA Plus 3 (Simple Interest)4.81%3 yrs$10K+0% / 10%
IbexisA-MYGA Plus 5 (Simple Interest)5.22%5 yrs$100K+0% / 10%
IbexisA-MYGA Plus 5 (Simple Interest)5.02%5 yrs$10K+0% / 10%
IbexisA-MYGA Plus 7 (Simple Interest)4.80%7 yrs$100K+0% / 10%
IbexisA-MYGA Plus 7 (Simple Interest)4.61%7 yrs$10K+0% / 10%
Integrity Life Insurance CompanyA+New Momentum 103.47%10 yrs$5K+10% / 10%
Integrity Life Insurance CompanyA+MultiVantage 103.50%10 yrs$20K+10% / 10%
Liberty Bankers LifeA-Bankers Elite 34.50%3 yrs$10K+0% / 0%
Liberty Bankers LifeA-Bankers Elite 74.85%7 yrs$10K+0% / 0%
Liberty Bankers LifeA-Bankers 7 Premier4.80%7 yrs$10K+Int / Int
Liberty Bankers LifeA-Bankers 74.50%7 yrs$10K+Int / Int
Liberty Bankers LifeA-Bankers Elite 94.85%9 yrs$10K+0% / 0%
Mutual of OmahaA+Ultra Premier 74.60%7 yrs$25K+10% / 10%
Nassau Life and Annuity CompanyB++Nassau Simple Annuity 45.00%4 yrs$5K+5% / 5%
Nassau Life and Annuity CompanyB++Nassau MYAnnuity 5X 0% Free5.25%5 yrs$10K+0% / 0%
Nassau Life and Annuity CompanyB++Nassau MYAnnuity 5X 10% Free5.05%5 yrs$10K+10% / 10%
Nassau Life and Annuity CompanyB++Nassau Simple Annuity 65.25%6 yrs$5K+5% / 5%
Nassau Life and Annuity CompanyB++Nassau MYAnnuity 7X 0% Free5.35%7 yrs$10K+0% / 0%
Nassau Life and Annuity CompanyB++Nassau MYAnnuity 7X 10% Free5.15%7 yrs$10K+10% / 10%
National Integrity Life InsuranceA+New Momentum 103.47%10 yrs$5K+10% / 10%
National Integrity Life InsuranceA+MultiVantage 103.35%10 yrs$20K+10% / 10%
National Life GroupA+Green Mountain Freedom 55.00%5 yrs$100K+0% / 10%
National Life GroupA+RetireMax Secure 55.00%5 yrs$100K+0% / 10%
Nationwide Life Insurance CompanyA+Secure Growth 7 MVA4.60%7 yrs$100K+10% / 10%
Nationwide Life Insurance CompanyA+Secure Growth 74.55%7 yrs$100K+10% / 10%
Nationwide Life Insurance CompanyA+Secure Growth 7 (NY)4.50%7 yrs$100K+10% / 10%
Nationwide Life Insurance CompanyA+Secure Growth 7 MVA4.35%7 yrs$10K+10% / 10%
Nationwide Life Insurance CompanyA+Secure Growth 7 ROP4.35%7 yrs$100K+10% / 10%
Nationwide Life Insurance CompanyA+Secure Growth 74.30%7 yrs$10K+10% / 10%
North American CompanyA+NAC Guarantee Plus 74.65%7 yrs$100K+0% / Int
North American CompanyA+NAC Guarantee Plus 74.35%7 yrs$20K+0% / Int
Oceanview Life and Annuity CompanyA-Harbourview 24.60%2 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 2 (CA)4.50%2 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 24.25%2 yrs$20K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 2 (CA)4.15%2 yrs$20K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 34.80%3 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 3 (CA)4.70%3 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 44.90%4 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 4 (CA)4.75%4 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 44.55%4 yrs$20K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 4 (CA)4.40%4 yrs$20K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 54.90%5 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 65.05%6 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 6 (CA)4.90%6 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 64.70%6 yrs$20K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 6 (CA)4.55%6 yrs$20K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 74.65%7 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 7 (CA)4.50%7 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 74.30%7 yrs$20K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 104.65%10 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 10 (CA)4.50%10 yrs$80K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 104.30%10 yrs$20K+0% / 10%
Oceanview Life and AnnuityA-Harbourview 10 (CA)4.15%10 yrs$20K+0% / 10%
Oxford Life Insurance CompanyAMulti-Select 34.65%3 yrs$20K+Int / 10%
Oxford Life Insurance CompanyAMulti-Select 44.70%4 yrs$20K+Int / 10%
Oxford Life Insurance CompanyAMulti-Select 64.95%6 yrs$20K+Int / 10%
Oxford Life Insurance CompanyAMulti-Select 74.95%7 yrs$20K+Int / 10%
Oxford Life Insurance CompanyAMulti-Select 84.95%8 yrs$20K+Int / 10%
Oxford Life Insurance CompanyAMulti-Select 94.95%9 yrs$20K+Int / 10%
Oxford Life Insurance CompanyAMulti-Select 104.95%10 yrs$20K+Int / 10%
Pacific Guardian LifeADiamond Head 34.80%3 yrs$10K+10% / 10%
Pacific Guardian LifeADiamond Head 44.80%4 yrs$10K+10% / 10%
Pacific Guardian LifeADiamond Head 64.80%6 yrs$10K+10% / 10%
Pacific Guardian LifeADiamond Head 74.80%7 yrs$10K+10% / 10%
Pacific Guardian LifeADiamond Head 94.80%9 yrs$10K+10% / 10%
Pacific Guardian LifeADiamond Head 104.80%10 yrs$10K+10% / 10%
Protective LifeA+Secure Saver 74.55%7 yrs$75K+10% / 10%
Protective LifeA+Secure Saver 74.35%7 yrs$25K+10% / 10%
Reliance Standard LifeA++Reliance Guarantee - 74.75%7 yrs$20K+10% / 10%
Reliance Standard LifeA++Reliance Guarantee - 104.45%10 yrs$20K+10% / 10%
Royal Neighbors of AmericaAMYGA 9 Year CA3.90%9 yrs$100K+Int / Int
Royal Neighbors of AmericaAMYGA 9 Year CA3.80%9 yrs$10K+Int / Int
Royal Neighbors of AmericaAMYGA 10 Year4.00%10 yrs$100K+Int / Int
Royal Neighbors of AmericaAMYGA 10 Year3.90%10 yrs$10K+Int / Int
Sagicor Life Insurance CompanyA-Milestone MYGA 3 FL4.65%3 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 34.65%3 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 3 CA4.60%3 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 4 FL4.85%4 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 44.85%4 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 4 CA4.80%4 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 4 FL4.60%4 yrs$50K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 44.60%4 yrs$50K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 4 CA4.55%4 yrs$50K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 5 FL5.00%5 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 55.00%5 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 5 CA4.95%5 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 6 FL5.00%6 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 65.00%6 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 6 CA4.95%6 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 6 FL4.80%6 yrs$50K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 64.80%6 yrs$50K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 6 CA4.75%6 yrs$50K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 6 FL4.45%6 yrs$15K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 75.00%7 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 7 FL5.00%7 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 7 CA4.95%7 yrs$100K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 7 FL4.85%7 yrs$50K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 74.85%7 yrs$50K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 7 CA4.80%7 yrs$50K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 74.50%7 yrs$15K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 7 FL4.50%7 yrs$15K+0% / 10%
Sagicor Life Insurance CompanyA-Milestone MYGA 7 CA4.45%7 yrs$15K+0% / 10%
SBLI -Savings Bank Life Insurance of MAAECAccumulate5.00%5 yrs$25K+5% / 5%
Securian FinancialA+SecureOption Choice 74.30%7 yrs$100K+0% / 10%
Securian FinancialA+SecureOption Choice 94.35%9 yrs$100K+0% / 10%
Securian FinancialA+SecureOption Choice 9 CA4.25%9 yrs$100K+10% / 10%
Securian FinancialA+SecureOption Choice 94.20%9 yrs$25K+0% / 10%
Securian FinancialA+SecureOption Choice 9 CA4.10%9 yrs$25K+10% / 10%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 35.40%3 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 3 MN5.10%3 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 3 86-905.05%3 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 3 (CA, FL)5.00%3 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 3 MN 86-904.75%3 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 55.45%5 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 5 (CA, FL)5.35%5 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 5 MN5.15%5 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 5 86-905.10%5 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 75.45%7 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 7 (CA, FL)5.35%7 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 7 MN5.15%7 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 7 86-905.10%7 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 7 MN 86-904.80%7 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 105.25%10 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 10 (CA, FL)5.15%10 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 10 86-904.90%10 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 10 MN4.75%10 yrs$3K+0% / 0%
Sentinel Security Life Insurance CompanyB++Personal Choice Annuity 10 MN 86-904.40%10 yrs$3K+0% / 0%
SILACB+Secure Savings Elite 23.90%2 yrs$10K+0% / 0%
SILACB+Secure Savings Elite 2 (FL)3.15%2 yrs$10K+0% / 0%
SILACB+Secure Savings 2 Year2.60%2 yrs$10K+Int / 5%
SILACB+Secure Savings Elite 35.40%3 yrs$10K+0% / 0%
SILACB+Secure Savings Elite 55.00%5 yrs$10K+0% / 0%
Symetra Life Insurance CompanyASymetra Select Max 74.50%7 yrs$100K+Int / Int
Symetra Life Insurance CompanyASymetra Select Max 74.50%7 yrs$250K+Int / Int
Symetra Life Insurance CompanyASymetra Select Max 74.35%7 yrs$50K+Int / Int
The Ohio State Life Insurance CompanyB+Nex34.50%3 yrs$10K+0% / 0%
The Ohio State Life Insurance CompanyB+Nex55.00%5 yrs$10K+0% / 0%
The Ohio State Life Insurance CompanyB+Nex75.00%7 yrs$10K+0% / 0%
The Ohio State Life Insurance CompanyB+Nex105.00%10 yrs$10K+0% / 0%
The StandardAMulti-Choice 34.60%3 yrs$100K+0% / 0%
The StandardAMulti-Choice 3 Interest Only Withdrawals4.55%3 yrs$100K+Int / Int
The StandardAFocused Growth Annuity 34.55%3 yrs$100K+0% / 0%
The StandardAMulti-Choice 3 10% Withdrawal Provision4.50%3 yrs$100K+0% / 10%
The StandardAMulti-Choice 34.50%3 yrs$15K+0% / 0%
The StandardAMulti-Choice 55.05%5 yrs$100K+0% / 0%
The StandardAMulti-Choice 5 Interest Only Withdrawals5.00%5 yrs$100K+Int / Int
The StandardAFocused Growth Annuity 55.00%5 yrs$100K+0% / 0%
The StandardAMulti-Choice 5 10% Withdrawal Provision4.95%5 yrs$100K+0% / 10%
The StandardAMulti-Choice 54.95%5 yrs$15K+0% / 0%
The StandardAMulti-Choice 5 Interest Only Withdrawals4.90%5 yrs$15K+Int / Int
The StandardAFocused Growth Annuity 75.00%7 yrs$100K+0% / 0%
The StandardAMulti-Choice 74.95%7 yrs$100K+0% / 0%
The StandardAFocused Growth Annuity 74.90%7 yrs$15K+0% / 0%
The StandardAMulti-Choice 7 Interest Only Withdrawals4.90%7 yrs$100K+Int / Int
The StandardAMulti-Choice 7 10% Withdrawal Provision4.85%7 yrs$100K+0% / 10%
The StandardAMulti-Choice 74.85%7 yrs$15K+0% / 0%
The StandardAMulti-Choice 7 Interest Only Withdrawals4.80%7 yrs$15K+Int / Int
The StandardAMulti-Choice 7 10% Withdrawal Provision4.75%7 yrs$15K+0% / 10%
The StandardAMulti-Choice 7 10% Withdrawal Provision ROP4.75%7 yrs$100K+0% / 10%
The StandardAMulti-Choice 7 10% Withdrawal Provision ROP4.65%7 yrs$15K+0% / 10%
The StandardAFocused Growth Annuity 104.85%10 yrs$100K+0% / 0%
The StandardAFocused Growth Annuity 104.75%10 yrs$15K+0% / 0%

Today's Best Fixed Annuities

Best Fixed Annuity Companies

In 2022, fixed annuity sales set a new all-time high at $208 billion, crushing the previous record by 49% (2019); according to the 2022 LIMRA U.S. Individual Annuities Sales Survey.  

Below are the top 20 best-fixed annuity companies, ranked by individual U.S. Fixed Annuity Sales for 2022 (sales numbers in thousands).

RankAnnuity CompanyFixed Sales
1New York Life$14,857,784
2Mass Mutual$11,900,949
3Athene Annuity and Life $9,714,648
4Corebridge Financial$7,146,379
5Western Southern Group$6,230,513
6Global Atlantic Financial Group$5,159,947
7Pacific Life$4,512,947
8USAA Life$4,155,154
9Fidelity & Guaranty Life (F&G) Review$3,740,550
10Brighthouse Financial$3,704,850
11Symetra Financial$2,954,492
12Sammons Financial Companies$2,745,169
13Reliance Standard$1,457,344
14Nationwide$1,301,800
15Delaware Life$1,148,882
16American National Insurance Company$937,996
17Security Benefit Life$926,412
18The Standard$750,428
19Thrivent Financial$744,781
20Mutual of Omaha$688,054

Understanding Annuity Rates

It is important to understand how annuity rates work for each type of annuity as they represent the percentage by which your annuity will grow each year. 

Fixed deferred annuity rates are influenced by the economy, how long you invest, liquidity features, and the financial ratings of the issuing insurance company. Historically, the longer you invest the higher your rate of return would be; however, short term annuity rates are currently higher than longer durations.

Piggy Bank Fixed Annuity Icon light orange background

Fixed Annuity Rates

Earn a guaranteed interest rate for a set number of years.

Immediate annuity icon of a hand placing money into another had.

Income Annuity Quotes

Annuity payout rates for lifetime income.

LTC Annuity Icon

LTC Annuities

Leverage your annuity for up to 3 times LTC coverage.

index anuity icon orange background

Index Annuity Rates

Upside potential with principal protection.

How are Annuity Rates Established?

The rate of return on an annuity is a crucial factor to consider when choosing an annuity product. 

One of the main factors that determine annuity rates is the current interest rate environment. In general, annuity rates tend to be higher when interest rates are higher, and lower when interest rates are low.

Immediate annuity lifetime income payments are established using the factors below:

  • age of the annuitant,
  • payout option
  • guaranteed payment period
  • single or joint-life annuitants
  • overall interest rate environment

The Federal Reserve and Interest Rates

Annuity rates are influenced by US Treasury rates because insurance companies invest much of their assets in high-quality bonds and U.S. Treasuries.

This is why current annuity rates often mirror the interest rates available in other fixed-income investments, primarily bonds and U.S. Treasuries. When bond rates increase, annuity rates usually go up as well.

Federal Reserve Building

The Federal Reserve signaled it would begin steadily raising interest rates in mid-March, 2022 in an effort toward removing stimulus to bring down inflation. 

The Federal Reserve has been raising the fed funds rate since 2022 to combat high inflation, which peaked at 6.4% in January 2023.

However, as inflation falls back to the Fed’s 2% target and the economy slows down due to higher borrowing costs, the Fed is likely to pause its rate hikes by the summer of 2023 and start cutting them by the end of the year.

Fed Rate Hikes 2022-2023

DateRate ChangeTarget Rate
March 15-16, 20220.25%0.25% - .5%
May 3-4, 20220.50%0.75% - 1%
June 14-15, 20220.75%1.5% - 1.75%
July 26-27, 20220.75%2.25% - 2.5%
Sept. 20-21, 20220.75%3% - 3.25%
Nov. 1-2, 20220.75%3.75% - 4%
Dec. 13-14, 20220.50%4.25% - 4.5%
Jan. 31-Feb. 1, 20230.25%4.5% - 4.75%
March 21-22, 20230.25%4.75% - 5%
May 2-3, 20230.25%5% - 5.25%

What is a Fixed Annuity?

Fixed annuities offer a guaranteed rate of return for a set period of time. For example, when you buy a 5-year annuity your interest rate is guaranteed for the length of the contract but a new rate is declared at the end of the annuity.

The fixed annuity contract will explain whether, how, and when this can happen. Although the word “fixed” might suggest otherwise, the interest rate on a fixed annuity can change over time.

How are Annuities Taxed?

The interest you earn in an annuity grows tax-deferred, which means you don’t have to pay taxes on the interest your annuity earns until you make a withdrawal from your annuity. Generally speaking, earnings from annuities are taxed at your ordinary income tax rate using the LIFO (last in first out) method.

Ultimately, the manner in which your annuities earning will be taxed depends on the type of funds you use to purchase the annuity.

ROTH IRA ANNUITY TAX RULES

A Roth IRA annuity is treated like an ordinary Roth IRA and you will not pay taxes.

QUALIFIED ANNUITY TAXATION

Any annuity purchased with qualified funds, like a 401(k) or IRA, is considered a qualified annuity. When you begin to make withdraws from a qualified annuity you will pay normal federal income taxes.

NON-QUALIFIED ANNUITY TAX GUIDELINES

A non-qualified annuity is an annuity that is not purchased with tax-advantaged funds, such as from a 401(k) or IRA. You will only pay tax on your earnings with you withdraw your money.

The Power of Tax Deferral

Below is an example showing how tax deferral could increase your earning power. Consider someone whose Federal Tax bracket is 32% owns an annuity that earns 4.50%.

To match those same earnings in a taxable investment they would have to earn 6.62% instead.

Annuities vs CDs

Fixed annuities work very much like a certificate of deposit (CD) but they typically provide higher guarantees than CD rates. Below are some of the similarities between the two:

  • Both pay a guaranteed rate for a set number of years
  • Both provide principal protection
  • Both typically allow free withdrawals of interest
  • Both provide full account value lump-sum death benefit
  • Fixed Annuities grow tax-deferred
  • Fixed Annuities can provide guaranteed lifetime income
  • CDs are FDIC Insured
  • Fixed Annuities are guaranteed by the claims-paying ability of the issuing life insurance company and State Guaranty Associations

CD/ Annuity Comparison Chart

FIXED ANNUITYCD
Issued ByInsurance CompaniesBanks
Investment Amount$2,000 - $1,000,000Essentially Any Amount
Investment Term2 years - 10 years3 months - 5 years
Interest Rates (APY)Varies by product.Varies by bank, term and investment amount.
LiquidityUsually, 10% annually or interest earned.Almost always accumulated interest.
GuaranteesBacked by Insurer & State Guaranty Associations.Backed by the FDIC.
Death BenefitMay avoid probate.Probate process required.

Are Fixed Annuities Safe?

While most industry sectors struggled, annuity companies actually thrived despite paying out more money in 2019 than any other year.

Annuity Company Financial Reserves also hit an all-time high of $4.4 Trillion during the Covid-19 Pandemic; according to data recently published by the American Council of Life Insurers (ACLI).

Annuity Company Reserves

YearReserves YearReserves
1950$5,600 1999$1,780,699
196018,85020001,819,680
196527,35020011,585,008
197041,17520021,619,075
197572,21020031,899,994
1980166,85020042,105,882
1981193,21020052,258,240
1982233,79020062,415,158
1983269,42520072,548,490
1984313,21520082,223,441
1985373,47520092,512,334
1986441,39020102,739,686
1987495,42020112,810,717
1988562,15520123,003,685
1989624,29020133,271,345
1990695,70020143,385,586
1991745,95020153,407,220
1992768,21520163,556,845
1993825,37520173,790,733
1994878,46020183,647,244
1995972,56020193,976,017
19961,312,49420204,207,510
19971,454,96220214,395,923
19981,608,494

Source: National Association of Insurance Commissioners (NAIC) data.
Note: The NAIC does not endorse any analysis or conclusions based on the use of the historical data they have researched.

Fixed Annuity Pros and Cons

Pros

  • Guaranteed Annuity Rates
  • Grow Tax-Deferred
  • Principal Protection
  • You can exchange your fixed annuity for a new one via a 1035 Exchange 
  • The most simple type of annuity
  • Usually provide some liquidity
  • Low investment minimums
  • Full account value passes directly to your loved ones at death

Cons

  • Withdrawals before age 59½ may have a 10% IRS penalty
  • Offer limited lifetime Income Options
  • Surrender charges for excess withdrawals during the initial surrender period
  • Fixed annuities don’t offer equity-type returns  
  • Limited Liquidity
  • Annuity rates may not keep up with inflation

Frequently Asked Questions

Step 1:  Complete your application

Step 2:  Schedule a call to review your desired annuity and finalize your application. 

Step 3:  Fund your annuity via:

  • check
  • 1035
  • direct transfer/ rollover
  • ACH
  • wire

We are compensated directly by the insurance company in the form of a commission. The commission is paid to us as a percentage of your initial annuity deposit. 

Our compensation varies based on the product; however, 2.78% was our average compensation in 2022.

No. We do not sell leads, use affiliate links or display any third-party advertisements on our website. We are 100% independently owned and you will work with Kiara, Ryan, or Jason.  

My Annuity Store does not charge a fee for any of our services. 100% of your funds will be invested in your annuity.

Annuities are not insured by the FDIC. Instead, they are backed by the claims-paying ability of the issuing life insurance company and by State Guaranty Associations.

Yes, you can buy a 5-year annuity. A 5 year annuity is an annuity contract with a five-year surrender charge schedule (CDSC). When you purchase a 5-year fixed annuity the interest rate is guaranteed for the initial 5-year contract period and you agree to keep the annuity for the 5-year contract term.

The best annuity rate available today is 5.80% for 5 years.

Get a personalized annuity rate report

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