2026 Highest Guaranteed Fixed Annuity Rates

(Rates can vary between states and are subject to change. We update interest rates regularly. Some policies are not available in certain states. Rates change with various accounts if optional liquidity features are added.)

Our clients want the best fixed annuity rates with highly-rated insurance companies. We offer short-term and longer term accounts that will meet your needs for safety, tax-deferred growth, income, and wealth preservation.

As interest rates remain elevated, we see demand for the best three, five, and seven and ten-year annuities offering the highest rates and guaranteed returns. We contract with insurance companies offering yields near 6%. Assuming interest rates stay strong, even higher guaranteed rates could be possible.

It’s a matter of what terms best suit your investment needs. We tailor several strategies to maximize growth, income, and returns. Using a laddering strategy, your annuity portfolio renews every couple of years to maximize liquidity. This is a wise strategy in today’s increasing interest rate environment.

One of the questions our clients ask most is, “Can I Withdraw Interest Gains From My Annuity?” And the follow-up question is, “Does This Affect My Principal?”

The good news is that most annuities allow for free systematic interest withdrawals. These withdrawals can be taken monthly, quarterly, yearly, or as needed. Some of our clients let their interest accumulate for a couple of years before taking it out.

And when you only withdraw your accumulated interest, it does not reduce your principal. For example: If you deposited $100,000 in an annuity paying a guaranteed 6% interest rate for 5 years, you could withdraw $500 every month for five years. At the end of the 5-year term, you would then receive your full $100,000 back to invest anywhere else.

It’s important to note that while most annuities allow for free withdrawals, some do not. Using our filter above, you can compare the liquidity options of each contract. Some include free interest withdrawals, while others offer even more (like 10% of the contract value each year). But some only have optional withdrawal options (they reduce the yearly rate) or none at all.

We are always happy to explain each option so that our clients invest in the annuity with free interest withdrawals that best suit their needs and goals.

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, the rate is locked in for your chosen duration. Rates are guaranteed by the insurance company and will neither increase nor decrease over the selected term.

We see interest in short-term annuities offering 2, 3, and 5-year terms. These policies allow for more flexibility and liquidity. Our longer-term clients prefer 7 and ten-year accounts. Others will go as long as 15 or 20 years if desired.

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 include a floor (minimum interest rate) that cannot be breached. Multi-year annuity accounts are popular with our clients as they provide more certainty and known returns.

Compounding Interest Versus Simple Interest

Which is best, simple interest or compounding interest annuities? The answer to that depends on how you use your account. If you don’t plan on withdrawing your interest, then compounding growth usually offers the highest rates. Most insurance companies only offer compounding annuity policies.

There are, however, a few annuities that credit simple interest. If you plan on withdrawing your interest income, then a simple interest plan can outperform a compounding policy. It all depends on the underlying rate of the fixed annuity contract, of course.

Carriers offering simple interest include Knighthead Life, Ibexis, and Atlantic Coast Life. We can run the numbers and compare them for you. Let us know your intentions with your interest income and we’ll make suitable recommendations.

Understanding Annuities With A Return Of Premium

Seasoned fixed annuity investors know their premiums and interest gains are 100% accessible at the end of their chosen term. But what many don’t know is that a handful of companies offer a Return of Premium feature during the annuity surrender period.

This is advantageous for those who desire more liquidity and might need access to their entire deposit. It’s also an advantageous feature when interest rates are increasing. Companies like The Standard, Nationwide Life, Symetra, Corebridge (formerly AIG), and Mutual of Omaha offer this feature on some of their policies.

A multi-year guaranteed annuity most closely resembles a bank CD. While the two are different – and offered by different institutions – the concept is similar. Only insurance companies offer MYGAs. They are purchased through agents and banks, but offered and insured by large insurance companies.

MYGAs offer a guaranteed fixed rate for the term you choose. Two, three, and five-year annuity plans are very popular. Just like a CD, your rate will not go below the percentage yield that is guaranteed at purchase. Some can increase each year, but they do not go below the stated rate at issue.

Unlike CDs, fixed annuity policies allow you to withdraw your interest as income – or defer it – for as long as you wish. And annuities offer higher rates of return than almost all comparable bank instruments offered today.

The other piece of good news:  Annuity rates are the highest they’ve been in years! We see significantly more interest in MYGA accounts now. These policies are safe & insured with guaranteed rates and offer better alternatives to risky investments. They almost always offer better yields than bank CDs. You can compare CDS and fixed annuities in more depth here.

Working With A+ Rated Companies

With increasing interest rates comes competition. There are several highly rated insurance companies competing for deposits. There are several well-known and highly-rated companies offering competitive yields.

And there are agencies specializing in rating annuity insurance companies. You can look to AM Best, COMDEX, Moody’s, Standard and Poor’s, Fitch, and Weiss, among others. These businesses sift through the financial metrics before assigning a grade. These grades go up or down based on several factors.

Fortunately, insurance companies are typically safe and secure institutions. Very few insurance companies offering annuities fail because they cannot lend out deposits like banks. There are many rated at or near A+ offering some of the best yields.

A few that you will see above are Reliance Standard Life, sister companies Midland and North American Life, Americo, Oxford Life, American National, Royal Neighbors, Pacific Guardian Life, Nationwide, MassMutual, Athene, Sagicor, Global Atlantic, and Aspida, to name a few.

Free Quoting Software: Compare The Best Annuity Rates

We regularly check rates and make updates, but we have additional free quoting software you can use. Click on the green button below and complete an annuity double-check to make sure you’re comparing all of the highest rates available in your state of residence.

In addition to the annuity quoting tool above, we also provide comprehensive quoting software that compares hundreds of annuity accounts. It then recommends the best policies for our clients based on their set parameters.

It produces a PDF readout detailing the most important features, including rates, company rating, term, free withdrawals, and more. This way, our clients know they’re viewing the most suitable accounts for their investment needs and goals.

Our clients purchase fixed annuities for several reasons. The safety of the principal and guaranteed interest rates are certainly two of the most important factors. Annuity contracts can also provide guaranteed systematic income streams or tax-deferred growth, but not both. These policies are very flexible. You may want to defer gains now for larger payouts during retirement.

We provide products for all scenarios. We help those needing immediate annuity income now as well as those planning for future annuity income. It’s important to note that if you need income now, annuities work best for those over age 59 1/2. Those under this age and withdrawing interest income can be assessed a penalty by the IRS. Fixed annuities work best for those preparing for retirement or looking for income after age 59 1/2.

Our agency offers a wide range of fixed annuity rates and terms from leading, highly-rated insurance companies. We are always licensing with new carriers to offer our clients the best fixed rates of return on their investments. We are happy to send you brochures, policy specs, and company financials on the accounts that best fit your needs and goals.

Why work with us? We are an independent annuity brokerage with nearly 30 years of experience. With over 320 fixed annuities and several unique variations available, we believe we offer the largest number of annuities to choose from online or anywhere else.

We license with all carriers directly, and there are no fees to worry about. You can shop and compare all policies in one place.

Rates change often. You don’t want to assume the best rates will be available in the future. We help our clients lock in the highest yields with safe and secure insurance companies.

*Annuity interest rates are subject to change. We frequently update rate changes once the insurance company provides them to us. Not all annuity accounts are available in all states. It is best to speak with one of our licensed insurance professionals to learn more about what’s available in your area.

*Multi-year fixed annuities provide a guaranteed interest rate for the selected term. Interest rates are not guaranteed beyond that term. In most states, fixed annuity accounts are insured up to $250,000.

Who Offers the Best Fixed Annuity Rates?

It depends. Rates change often and some products are only available in certain states. Your best options will depend on your age, investment amount, desired AM Best rating, and term length, among other factors. There is quite a bit of competition in this space now.

The policy with the best rates and terms will be different from one person to the next. Currently, American Gulf, Wichita, and Farmers Life are the most popular B++ rated carriers. For those more interested in higher rated companies, Axonic Insurance, Oceanview Life, Knighthead Life, and Oxford are very popular.

How Often Do Fixed Annuity Rates Change?

Interest rates have been volatile over the last few years. Annuity rates change often. Some companies are adjusting their rates (both up and down) multiple times during the same month. If you think rates are going down, then it’s best to lock in your preferred policy rather than wait. We see some consumers miss out on better options while waiting for rates that don’t materialize.

We update our rates weekly while also investing in software that notifies us of upcoming changes. This helps us keep our clients in the know and up to date.

What Economic Factors Cause Interest Rates To Change?

Our clients often ask about the best ways to track current fixed annuity rates. In other words, they want to know what we see and how to know when rates are trending up or down. One of the best financial instruments to keep an eye on is the 10-year Treasury note. When it’s trending up, MYGA rates will likely do the same.

Many fixed-income investors might look at bank CD rates, but the 10-year note is a much better indicator. It fluctuates daily and in real time. When inflation is running hot, or when geopolitical events are unfolding, the 10-year moves in kind. Viewing both short and long-term charts paints a good picture of which direction interest rates are moving.

Can I Lock-In My Rate and Decide Later?

Yes, most companies allow you to submit annuity applications with no money down. They will then hold your rate for 30-60 days, depending on a few different factors we’ll make you aware of at the time. So long as you deposit funds before your rate-lock window expires, you will receive the guaranteed rate as of the application.

And most states allow for a 30-day free-look window after you receive your policy. That means if you change your mind or find something better, then you will receive your total deposit back penalty-free.

Can I Buy an Annuity Policy in Another State?

The short answer is, yes. You will need a suitable reason to be in another state, but this practice is not uncommon. Many of our clients own second properties or have business dealings in other states. This allows them to purchase annuity policies outside of their resident state.

Additional paperwork is required, but this can be a great way to find higher rates. It should be noted that certain states (like NY) won’t usually allow residents to purchase annuities across state lines.

Are There Any Fees to Purchase Annuities?

No, there are no fees with the vast majority of fixed annuity accounts. The rate you see is the rate you get on your full deposit. Insurance companies work on spreads.

Their portfolios earn more than the rate they offer on their contracts and that’s how they turn a profit. Those profits pay agent commissions and keep their businesses strong and healthy. You don’t pay any fees or commissions to the insurance company or us.

How Important Are Company Ratings Like AM Best?

Ratings are an important consideration, especially when investing large sums of money. Policies are only insured up to certain limits per state regulations, so it’s wise to choose well-rated carriers.

Several companies offer ratings services with AM Best being the most well-known. Standard & Poor’s, Fitch, Moody’s, and Comdex are other agencies to check the financial strength of insurance companies. These ratings are examined yearly and can stay the same for long periods of time.