The Staysail 3 CA (Simple Interest) is a 3-year multi-year guaranteed annuity from Knighthead Life.
6.15% every year. It cannot go down during the term.
Any early withdrawal carries a surrender charge.
Any early withdrawal carries a surrender charge.
This contract credits simple interest at 6.15%, so each year's interest is calculated on your original deposit. Enter your deposit and select Recalculate to see your own numbers.
| Year | Starting balance | Interest earned | Ending balance |
|---|---|---|---|
| Year 1 | $10,000.00 | +$615.00 | $10,615.00 |
| Year 2 | $10,615.00 | +$615.00 | $11,230.00 |
| Year 3 | $11,230.00 | +$615.00 | $11,845.00 |
Assumes no withdrawals. Interest grows tax-deferred until withdrawn. Rates last updated 11/12/2026 and subject to change until your rate is locked. For illustration purposes only.
This annuity pays a higher rate in exchange for leaving your full deposit in place for 3 years. If you may need income along the way, ask us about MYGAs that allow interest-only or 10% annual withdrawals.
The charge applies to the amount you withdraw above any free amount. Example: withdrawing $10,000 in year 1 would cost $830.
Early withdrawals are not adjusted for interest rate changes.
Carriers can change rates without notice. Today's rate is not locked until Knighthead Life receives your final application, and it is only secured once the policy is funded.
The date Knighthead Life last changed the rate on this product.
You have 30 days after the term ends to act with no surrender charge.
We compare rates from 90+ top annuity companies and are licensed in 47 states. Your contract and your money are held by Knighthead Life, never by us.
We are paid by Knighthead Life when you make a purchase. Commission rates are updated periodically and subject to change.
In limited instances, My Annuity Store may receive higher compensation than the published commission rates based on achieving a certain level of sales volume or as a result of playing an expanded role in policy processing. This is an indirect cost to you, as it is already factored into the interest rate quoted.
Commissions may be slightly lower for individuals age 80 and older.
How Annuity Commissions WorkIf you may need money before the 3 years are up, or want to compare this against other terms, talk it through with a licensed agent first. Schedule a call or dial 855-277-8088. No fees and no obligation.
The Staysail 3 CA (Simple Interest) rate depends on how much you deposit.
| Deposit amount | Rate today |
|---|---|
| $10,000 to $99,999 your amount | 6.15% |
| $100,000 to $2,000,000 | 6.40% |
New to MYGAs? Read the MYGA guide, our tax overview, or compare today's best annuity rates. Looking for lifetime income instead? Use our single premium immediate annuity calculator.
Rates last updated 11/12/2026 and subject to change without notice. For illustration purposes only. This annuity is issued by Knighthead Life, an insurance company, not a bank, and is not FDIC insured. Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.
Withdrawals may be subject to surrender charges, a market value adjustment and ordinary income tax, and to a 10% federal tax penalty if taken before age 59½. Not available in AK, AL, AR, AZ, CO, CT, DC, DE, FL, GA, GU, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY. My Annuity Store does not give tax or legal advice. Please consult a tax professional or attorney.
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