With our independent agency, you can compare fixed annuity rates and quotes from several carriers. View the highest current interest rates and invest direct in accounts offering the best yields and returns. See our most popular tax-deferred and income generating annuity plans below.
(Annuity interest rates can vary between states and are subject to change pending company announcement. We update our fixed rates on a regular basis. Some policies are not available in some states. Additionally, rates may be lower with some accounts if certain liquidity features are desired.)
Fixed annuities come in two forms – MYGA (multi-year guaranteed annuity) and floating rate accounts. MYGA’s are the most popular and the most common.
With multi-year accounts, your rate is locked in for the duration that you choose. The rate is guaranteed by the insurance company and will neither increase or decrease over the selected term.
Less common are floating rate fixed annuity accounts. Interest rates can fluctuate each year and may increase or decrease depending on the economic environment. All policies will include a floor (minimum interest rate) that cannot be breached. Floating rate annuities can be advantageous in an increasing interest rate cycle. Multi-year annuity accounts have been more popular with our clients as they provide more certainty and guarantees.
Our clients purchase annuities for several reasons. Safety of principal and interest is certainly one the the most important factors. These contracts can also create guaranteed systematic income streams or tax-deferred growth, but not both at the same time. We help those needing immediate income as well as those wanting to defer gains and reduce taxable income.
Our agency offers a wide range of fixed annuity accounts from the leading insurance companies. We are constantly licensing with new carriers to offer our clients the best fixed rate of return on their investments. We will be happy to send you brochures, policy specs, and company financials on the fixed annuities you are most interested in.