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Multi-Year Guaranteed Annuity (MYGA)

Knighthead MYGA Rate Hold

Knighthead announced a 0.15% rate decrease effective Monday, October 20. Lock today’s rates by having your application signed by Friday, October 17. 60-day rate lock available to get funds in.

No Free Withdrawals
10% Free Withdrawals
6.45% Rate
Terms Available: 5 or 7 Years • Select scenario above
Applications signed by Friday, October 17 lock current rates. Funding may follow within the 60-day rate lock window. Subject to state availability and carrier rules.
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Effective decrease date: Mon, Oct 20 • Rate lock cutoff to sign: Fri, Oct 17 • 60-day funding window after signature.

Rate Scenario Calculator (Illustrative)

Annual compounding (illustrative)

Compare “Current” vs “After Decrease” scenarios for 5 or 7 years. Calculator is for illustration; actual contract mechanics may vary. Always refer to official disclosures.

Projected Ending Value $0
Effective Annual Yield: —
Total Interest Earned $0
Difference vs Premium
Average Annual Interest $0
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Show Annual Value Schedule

Illustration uses nominal rate with annual compounding for easy comparison. Actual accumulation may differ based on contract terms. Not a guarantee or an offer. Review official materials before purchase.

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Choosing Between Liquidity and Yield

Knighthead’s structure lets you decide: the “no free withdrawals” option targets the highest fixed rate for maximum accumulation; the “10% free withdrawals” option provides annual access to a portion of your contract value without surrender charges, at a modestly lower rate. If you anticipate potential access needs during the term, the 10% option can be worth it—even before considering RMDs on qualified money.

Knighthead MYGA FAQs

Important Disclosures Product availability, rates, credited interest, and contract features are subject to state approval, carrier rules, premium tiers, and change without notice until contract issue and funding. Surrender charges and any applicable market value adjustment (if included) may apply to withdrawals exceeding penalty-free provisions during the surrender period. Withdrawals of taxable amounts are subject to ordinary income tax, and if taken prior to age 59½, may incur a 10% IRS penalty. Guarantees rely on the issuing insurer’s claims-paying ability. Not FDIC/NCUA insured. Not a bank obligation. Educational only—review the official contract and disclosure documents.

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