Income Annuities
Turn savings into a dependable paycheck you can’t outlive. Start now (SPIA) or later (DIA)—with options for spouse and beneficiaries.
Get an Income Annuity QuoteAnnuity Rates Made Simple
Compare today’s annuity options and find the right fit for your retirement—lifetime income, guaranteed growth, or index-linked potential with principal protection.
Fixed Annuity Rates
Prefer a safe, steady path? Fixed annuities lock in a guaranteed interest rate so your money grows predictably without market risk.
See Fixed RatesFixed Index Annuity Rates
Seek more upside while protecting your principal. Index-linked growth with a 0% floor and optional income riders.
Compare FIA StrategiesIncome Annuity Rates
Guaranteed lifetime income designed to cover essentials and reduce sequence-of-returns risk. Choose single or joint life, with options for period certain or cash refund.
Income Annuity Estimator
Estimate onlyQuick ballpark estimate of lifetime income from a single-premium immediate annuity (SPIA). Actual quotes vary by carrier, rate date, and state.
Move the slider or type an age.
Longer guarantees typically reduce income.
Some states impact availability/pricing. We won’t adjust for state here.
Fixed Annuity Rates (MYGA)
Lock in a guaranteed rate for 2–10 years. No market risk, predictable growth, and optional liquidity via free withdrawals.
At a Glance
- Guaranteed interest for set terms (e.g., 3, 5, 7, 10 years)
- Tax-deferred growth on non-qualified funds
- Principal protection, insurer guarantees backed by claims-paying ability
Today’s Best MYGA Rates
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Fixed Index Annuity Rates
Participate in index-linked growth with a 0% downside floor. Pick among caps, participation rates, or spreads, and add income riders if desired.
Key Advantages
- Principal protection with index-linked crediting strategies
- Upside potential without market-loss risk to account value
- Optional income and protection riders
Compare FIA Strategies
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Talk to a Licensed Annuity Expert
No-pressure guidance to compare annuity rates and make a confident decision.
Prefer email? Reach us at info@myannuitystore.com.
What to Look for When Comparing Annuity Rates
A quick checklist to evaluate annuity rates beyond the headline number.
Rate Mechanics
- For MYGAs, confirm the guaranteed rate, term length, and renewal provisions.
- For FIAs, compare caps, participation rates, and spreads across strategies.
- For income annuities, focus on payout rate by age/option and insurer strength.
Contract Features That Impact Annuity Rates
- Free withdrawal allowances and market value adjustment (MVA) provisions.
- Liquidity riders, RMD-friendly features, and nursing home waivers.
- Surrender schedule and how early exits affect overall yield.
MYGA vs. CDs: Which Rate Works Better?
Both offer guaranteed interest. The right choice depends on taxes, time horizon, and liquidity needs.
Where MYGA Annuity Rates Shine
- Tax-deferred growth on non-qualified funds can improve after-tax yield.
- Multi-year guaranteed annuity rates are locked for the term.
- Optional free withdrawals provide limited liquidity without breaking the contract.
Where CDs May Fit
- Simpler early-withdrawal penalties and FDIC insurance up to limits.
- Short-term cash needs or laddering within bank brokerage platforms.
- Taxable interest annually—may be fine in lower brackets or qualified accounts.
Rule of thumb: If you’re in a higher tax bracket and can commit for 3–7 years, MYGA annuity rates often compare favorably after taxes. For short-term liquidity, CDs may be more convenient.
2025 Annuity Rate Forecast
What could drive annuity rates over the next 12 months?
Key Drivers
- Interest rate policy and Treasury yields influence insurer portfolio returns.
- Credit spreads and insurer capital costs can move MYGA and FIA crediting terms.
- Competitive dynamics—carriers adjust annuity rates to gain market share.
What This Means for You
- If rates rise, new-money MYGA rates and FIA participation could improve.
- If rates fall, locking in today’s annuity rates may protect your yield.
- Income annuity payouts tend to move with prevailing rates and age—timing matters.
Annuity Rates FAQs
Quick answers to the most common questions we get from clients.
How often do annuity rates change?
Fixed annuity (MYGA) rates can change weekly. FIA crediting terms typically update monthly or quarterly. Income annuity payouts depend on interest rates and age, and are quote-specific at the time you apply.
Are fixed annuities safe?
They offer principal protection and guaranteed interest backed by the insurer’s claims-paying ability. State guaranty associations provide additional protection subject to limits. Review company strength ratings before you buy.
What fees should I expect?
MYGAs generally have no explicit annual fees. FIAs may have optional rider fees. Income annuities build costs into the payout structure—there’s no separate annual fee. Surrender charges apply if you exit early.
What about taxes?
Interest grows tax-deferred. Withdrawals are taxed as ordinary income. Non-qualified contracts use LIFO for gains. Consult your tax advisor for your specific situation.
