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My Annuity Store

Income Rider Calculator

Fast, accurate, and easy. Use this calculator to explore your options and make informed decisions.

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Speak to a licensed annuity expert. 855-583-1104

  • A-Rated Carriers
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  • Secure Quote Process
  • No Sales Pressure

Tip

Use the calculator for scenarios, then click “Get a Quote” to receive a carrier-verified illustration the same day.

Educational use only. Availability & features vary by state and insurer. Guarantees are backed by the claims‑paying ability of the issuing insurance company.

Fixed Annuity Calculator | My Annuity Store
Fixed Annuity • Flexible Compounding
Initial premium (before taxes/fees).
Please enter an amount greater than 0.
Annual nominal rate. APY varies with compounding.
Please enter a rate between 0% and 20%.
Guaranteed period (typical MYGA terms are 2–10 years).
Please enter a whole number of years between 1 and 20.
Many MYGAs credit annually; others shown for comparison.
Interest treatment:
Tip: results update as you type.
Educational tool. Contract crediting, MVAs, and surrender charges vary by carrier. Request a carrier illustration for exact figures.

Projected Maturity Value

$0

Total Interest

$0

Effective APY

0.00%

Enter your numbers to see the projection. APY reflects your compounding choice and interest treatment.

Related Calculators

Fixed Annuity Calculator: FAQs

How is the maturity value calculated?

Reinvest: Future Value = Principal × (1 + r/m)^(m×Years). Interest-out: Future Value = Principal + (Principal × r × Years). Here r is the nominal annual rate and m is compounding frequency.

With interest-out annually, APY equals the nominal rate because the principal does not compound. With reinvest, APY = (1 + r/m)^m − 1 and is higher than nominal.

No. MYGAs are tax-deferred; taxes apply when interest is withdrawn. Contract provisions, MVAs, and surrender schedules vary by carrier.

Yes—laddering can balance liquidity and rates. We can build a simple 3–5 rung ladder aligned to your time horizons.

You can compare today’s fixed annuity rates at our multi-carrier annuity marketplace.

How it works

Easy Step Process

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Step One

Learn About Annuities

The first step is to learn about annuities and compare rates and features to see if one may be for you. If you don’t know which type you are looking for, click below, and our AI-guided quiz will point you in the right direction.

Guide Me
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Step Two

Request Your Personalized Annuity Quote

Once you have learned what type of annuity may be right the next step is to get some annuity quotes. Our licensed annuity experts are available to consult with you via phone and email and provide any additional materials you need.

Get Quote
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Step Three

Complete Your Preliminary Application Online

Once you have decided which annuity best meets your goals, you will complete our preliminary application online. This takes approximately 10 minutes and will help our agent with 90% of your application.

Preliminary Online Application
Agent talking on the phone
Step Four

Speak with Agent to Finalize Your Application

This phone call typically lasts around 15 minutes as we gather the final pieces of information and address any remaining questions you may have. Finally, we will email your application for you to sign electronically.

Schedule Consultation

Need more help?

We are open Monday to Friday, 8:00 AM to 6:00 PM Eastern Time. If you have questions or need help, call us now.

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