Annuity Calculators & Quoting Tools Hub

Published October 11, 2025 · Updated March 1, 2026

Filter Calculators

FEATURED

Income Rider Calculator

Estimate potential future income from a fixed indexed annuity income rider. Model roll-up/growth, income start timing, and compare scenarios.

Open Calculator →
Income · Annuities · Optimization

Fixed Annuity Calculator

Estimate how a fixed annuity may grow based on premium, term, and guaranteed rate assumptions.

Open Calculator →
Annuities

Immediate Annuity Calculator

Estimate potential income from a single premium immediate annuity (SPIA) based on age and deposit.

Open Calculator →
Annuities · Income

CD Calculator

Calculate certificate of deposit growth over time using term, rate, and compounding assumptions.

Open Calculator →
Planning

CD vs. Annuity Calculator

Compare projected outcomes of CDs vs. annuities side-by-side using rate, term, and growth assumptions.

Open Calculator →
Annuities · Planning · Optimization

Compound Interest Calculator

Project long-term growth using contributions, rate assumptions, and compounding frequency.

Open Calculator →
Planning

Simple vs. Compound Interest Calculator

See the difference between simple interest and compound interest over time and across rates.

Open Calculator →
Planning · Optimization

Social Security Taxable Benefits Calculator

Estimate how much of your Social Security benefits may be taxable based on income inputs.

Open Calculator →
Tax · Planning

Calculator FAQs

Are these retirement and annuity calculators free to use?

Yes. All calculators in this hub are free to use. They’re designed to help you explore scenarios before you request a quote or speak with a licensed agent.

Do the calculator results include taxes, fees, or inflation?

Some tools include tax-related estimates (for example, Social Security taxable benefits). In general, results are estimates and may not reflect product fees, rider charges, surrender schedules, inflation, or your full tax situation unless the calculator explicitly asks for those inputs.

How accurate are these calculator estimates?

They’re meant for planning and comparison—not as a guarantee of future performance or a commitment from any insurer. Actual annuity rates, payout factors, crediting methods, and taxes vary by carrier, product, state, age, and timing.

What information do I need to use the calculators?

Most calculators only need basics like age, deposit amount, time horizon, and a rate or growth assumption. For tax-related tools, you may need estimated income figures. If you’re not sure, start with defaults and refine later.

Will using these calculators create an application or trigger a sales call?

No. Using the calculators by itself does not submit an application. If you choose to request a quote or talk with an agent, you’ll take an explicit action to do that.

Can I talk to someone to review my results?

Yes. If you’d like help interpreting results or comparing annuity options, you can contact My Annuity Store for a no-pressure conversation and next steps.

📊
Get Today's Best MYGA Rates
Compare A-rated carriers. Rates up to 6.50%. No obligation.
Editorial Disclosure: Our editorial team independently reviews and rates annuity products. We may earn commissions when you request a quote through our partner links. This content is for informational purposes only and does not constitute financial advice. Learn more.
Disclaimer: This content is for informational and educational purposes only. It does not constitute financial, tax, or legal advice. Annuity products vary by state and carrier. Always consult a licensed financial professional before making any financial decisions. My Annuity Store is an independent marketplace and does not provide investment advice.

Pros and Cons of Fixed Annuities

Before you commit to a fixed annuity, weigh the advantages and drawbacks for your retirement situation.

✓  Pros

  • Guaranteed rate locked in for the full term — no surprises
  • Principal is 100% protected from market losses
  • Often pays significantly more than CDs or savings accounts
  • Tax-deferred growth — no annual tax bill until withdrawal
  • Up to 10% annual free withdrawal without surrender charge
  • State guaranty association coverage (typically up to $250,000)
  • Simple to understand — no moving parts or index tracking

✗  Cons

  • Surrender charges apply if you withdraw more than 10% early
  • Not FDIC insured — backed by the insurance company, not the government
  • Earnings taxed as ordinary income (not capital gains rates)
  • 10% IRS early-withdrawal penalty before age 59½
  • Rate is fixed — you won't benefit if market rates rise
  • Less liquidity than a savings account or money market

Learn more: Are annuities safe?

Compare Top MYGA Rates by Term

See today's highest guaranteed rate from an A-rated carrier for each term length.

See all rates →

Rates sourced from AnnuityRateWatch. A-rated carriers (AM Best) only. Not a solicitation. Rates vary by state. Verify before purchasing.

Types of Annuities

Insurance companies offer several types of annuities to fit different financial goals. Here's how they compare.

A MYGA (Multi-Year Guaranteed Annuity) is the simplest fixed annuity. Your rate is guaranteed for the entire term — 3, 5, or 7 years. No market exposure, no index tracking. What you see is what you earn.

Best for: Savers who want a predictable, guaranteed return and are comfortable locking funds for a set term. Often compared to CDs but frequently pays more.

Learn more about MYGAs →

A Fixed Indexed Annuity (FIA) links your interest credits to a market index (like the S&P 500) with a floor of 0% — so you can never lose principal. Upside is capped via participation rates or caps.

Best for: Investors who want some market participation with a safety net. More complex than MYGAs but potentially higher returns in strong market years.

Learn more about FIAs →

A SPIA (Single Premium Immediate Annuity) converts a lump sum into a guaranteed income stream — monthly checks that start within 30 days and continue for life or a set period.

Best for: Retirees who need guaranteed income immediately and want to eliminate the risk of outliving their money. The "pension replacement" product.

Learn more about SPIAs →

A Variable Annuity invests your premium in sub-accounts (similar to mutual funds). Returns fluctuate with the market — you can earn more but can also lose principal.

Best for: Long-term investors who want market exposure inside a tax-deferred wrapper and are comfortable with investment risk. Higher fees than fixed products.

Learn more about variable annuities →

A RILA (Registered Index-Linked Annuity) offers partial market participation with a defined buffer against losses (e.g., 10% or 20%). Unlike FIAs, RILAs can lose money — but losses are limited.

Best for: Investors willing to accept limited downside in exchange for higher upside potential than a traditional FIA. A middle ground between fixed and variable.

Learn more about RILAs →

Rate Methodology

My Annuity Store monitors MYGA rates from over 50 A-rated insurance carriers via AnnuityRateWatch. Our rate data refreshes every 6 hours.

To make our list, a carrier must be rated A− or better by AM Best — a financial strength rating that indicates the insurer's ability to meet obligations. Carriers with ratings of B++ or lower are excluded regardless of how attractive their rate appears.

Rates are sorted by highest guaranteed APY within each term group. Products using simple interest (SI) are labeled — the effective compound yield is lower than the stated rate. Minimum premiums shown are for non-qualified (after-tax) purchases.

Athene Annuity & Life
MassMutual
Corebridge Financial
Global Atlantic
North American Company
Midland National
American Equity
New York Life
Gainbridge Life
American National
Nassau Life
Sentinel Security Life
Protective Life
Pacific Life
Nationwide
Equitrust Life
F&G Annuities & Life
Oceanview Life
Oxford Life
Puritan Life
American General (Corebridge)
Delaware Life
Guggenheim Life
Integrity Life
Kansas City Life
Lafayette Life
Ibexis Life
American Fidelity
Security Benefit
Standard Insurance Company
📊 Data: AnnuityRateWatch · A-rated carriers only · Updated daily

Frequently Asked Questions

The best MYGA rate available today is shown in the rate table above. Rates change daily — the table reflects current data updated every 6 hours from AnnuityRateWatch.
Yes. The interest rate shown at the time of purchase is contractually locked in for the entire term — whether 3, 5, or 7 years. Unlike CDs at banks, MYGA rates cannot be changed by the insurance company during the guaranteed period, regardless of what happens to market interest rates.
Fixed annuities are not FDIC insured, but they are protected by your state's guaranty association — typically up to $250,000 per insurance company. Beyond that, the financial strength of the carrier matters. We only list carriers rated A− or better by AM Best, which indicates strong ability to meet policyholder obligations.
Most MYGAs allow a free annual withdrawal of 10% of your account value without a surrender charge. Withdrawals beyond 10% trigger surrender charges, which typically start around 7% and decline by one percentage point per year until they reach zero. At maturity, you can withdraw your full balance with no penalty.
Growth inside a non-qualified (after-tax funded) annuity is tax-deferred — you owe no taxes until you withdraw. When you do withdraw, earnings are taxed as ordinary income, not at the lower capital gains rate. Withdrawals before age 59½ also incur a 10% IRS early-withdrawal penalty on the earnings portion.
At maturity, most carriers give you a free-look window (typically 30 days) during which you can withdraw your full balance, roll it into a new annuity (tax-free via a 1035 exchange), or annuitize for lifetime income. If you do nothing, the contract typically renews at a new rate — which may be lower than your original rate.
For most people with a 3–7 year time horizon, MYGAs currently pay significantly more than CDs. Top 5-year MYGAs are paying competitively above 5%, while the best 5-year CDs are around 4.50%. The tradeoff: MYGAs have larger surrender charges for early withdrawal than CDs typically impose.

Explore More

Get a Free Annuity Quote

Term:
Thank You for Your
Annuity Quote Request

Need more immediate assistance?

Call 855‑583‑1104 Email Us Schedule a Call
What to expect
  • We verify details and check top carriers.
  • You’ll get a simple side‑by‑side comparison.
  • Questions? We’re happy to help—no pressure.

Tip: Check spam/promotions if you don’t see our email on time.

Need help sooner or have a quick question?

  • Call us at 855‑583‑1104 (Mon–Fri, 8:30 AM–6:00 PM ET)
  • Or reply to our confirmation email—our licensed specialists are ready to assist.
Call Now Email Us Schedule a Call

What happens next

  1. We verify your information and run current rates across top carriers.
  2. You’ll receive a simple comparison with rates, features, and fees.
  3. If you like, we’ll walk through options and answer questions—no pressure.

Tip: Check your spam or promotions folder if you don’t see our email within the time window.