LunarLock 3
Issued by AuguStar
Product Details
💰 Growth Calculator
See how your investment could grow with LunarLock 3.
Ready to secure your financial future?
Start your annuity application or explore other rates
Other AuguStar Products
More MYGA options currently available from AuguStar.
State Availability
Available in 50 states
Not available in:
View full state names
Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, D.C., Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, PR, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
🚀 The Purchase Process
📝 Application Checklist
Have these items ready to complete your application in one sitting.
About AuguStar
AuguStar carries an AM Best rating of A, reflecting the company's financial strength and ability to meet its ongoing insurance obligations. AM Best ratings are the gold standard for evaluating insurance company stability.
When you purchase an annuity, your guarantees are backed by the issuing insurance company's claims-paying ability. That's why choosing a carrier with strong financial ratings is essential. An AM Best rating of "A" or higher indicates excellent financial strength.
What Does the AM Best Rating Mean?
- A++ / A+ — Superior financial strength
- A / A- — Excellent financial strength
- B++ / B+ — Good financial strength
- B or below — Fair to marginal; exercise caution
MYGA vs. Bank CD: Why Annuity Rates Are Often Higher
MYGAs and bank CDs both offer guaranteed rates, but there are key differences that often make MYGAs the better choice for long-term savers:
| Feature | MYGA | Bank CD |
|---|---|---|
| Tax Treatment | Tax-deferred | Taxed annually |
| Typical Rates (3-yr) | 4.3% | ~4.0–4.5% |
| FDIC Insured | No (state guaranty fund) | Yes (up to $250K) |
| Annual Fees | None | None |
| Early Withdrawal | Surrender charges + possible penalty | Early withdrawal penalty |
| Minimum Investment | $100,000 | Varies ($500–$1,000+) |
The tax-deferred advantage is significant: with a CD, you pay income tax on interest every year, reducing your effective return. With a MYGA, your full interest compounds untaxed until withdrawal — potentially resulting in thousands more in growth over the term.
Rates shown are effective as of March 16, 2026 and are subject to change without notice. Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are not FDIC insured, not bank guaranteed, and may lose value. This page is for informational purposes only and does not constitute financial advice. Please consult a licensed insurance professional before making any financial decisions. My Annuity Store, Inc. is a licensed insurance agency.