Can I buy a fixed annuity online without a broker?

Yes. Annuital lets you compare and apply for fixed annuities directly online — no sales pressure. You can browse today's rates from Nassau, Oceanview, and F&G, get a free quote, and submit your application in minutes. Our licensed agents are available to answer questions if needed, but you are never required to speak with anyone to apply.

What are today's best fixed annuity rates?

Today's best fixed annuity (MYGA) rates reach up to 5.55% APY from A-rated carriers — more than 1% higher than the best 5-year CD rates currently available at banks. Rates vary by term (3, 5, or 7 years), premium amount, and state. Compare current live rates at Annuital.com.

How does a fixed annuity compare to a CD in 2026?

Fixed annuities (MYGAs) typically pay 1–1.5% more APY than the best CD rates in 2026 — up to 5.55% APY vs. ~4.20% for a 5-year CD. Unlike CDs, annuity interest grows tax-deferred, meaning you don't pay taxes until withdrawal. Both are principal-protected, but MYGAs offer compounding tax-deferred growth that CDs cannot match for retirement savings.

What is a multi-year guaranteed annuity (MYGA)?

A MYGA (multi-year guaranteed annuity) is a fixed annuity that locks in a guaranteed interest rate for a set term — typically 3, 5, or 7 years. Your principal is 100% protected, the rate never changes during your term, and all growth is tax-deferred. It works like a CD but with higher rates and better tax treatment for retirement savings.

How long does it take to buy a fixed annuity from Annuital?

Most applicants can complete the online application in under 10 minutes. You'll need your Social Security number and bank or rollover account information. Funding via electronic bank transfer is typically the fastest option. Once approved, your annuity contract is issued and your guaranteed rate is locked.

Are there fees when buying through Annuital?

The rate you see is the rate you earn. Surrender charges may apply if you withdraw more than the allowed penalty-free amount during the surrender period.

How safe are fixed annuities?

Fixed annuities are backed by the financial strength of AM Best-rated insurance carriers and state guaranty associations (typically up to $250,000 per carrier per state). Your principal is 100% guaranteed and protected from market losses. All carriers on Annuital are rated B++ or better by AM Best.

Can I withdraw money from a fixed annuity?

Most fixed annuities allow penalty-free withdrawals of up to 10% of your account value per year. Withdrawals above that during the surrender period incur surrender charges. After the surrender period ends, you can access your full balance penalty-free. Withdrawals before age 59½ may be subject to a 10% IRS penalty on gains.

What is the minimum investment for a fixed annuity?

The minimum investment on Annuital starts at $10,000 for Nassau's MYAnnuity products and $20,000 for Oceanview and F&G products. There is no maximum investment limit. You can fund with a lump sum bank transfer, IRA rollover, or 401(k) transfer.

What states does Annuital serve?

Annuital is licensed to sell fixed annuities in Connecticut, Florida, Massachusetts, North Carolina, New Hampshire, Rhode Island, and Vermont. Services are not available to residents of California or New York.

What is defined outcome investing?

Defined outcome investing means you know your worst-case and best-case returns before you invest. Instead of exposing your savings to unknown market swings, a defined outcome product sets clear boundaries on your risk — your guaranteed rate, your floor, or your monthly income is established on day one. Fixed annuities (MYGAs), fixed indexed annuities (FIAs), and immediate annuities are all defined outcome products.

How does defined outcome investing work?

A defined outcome product defines your return range upfront. A multi-year guaranteed annuity (MYGA) locks in a guaranteed interest rate for a set term. A fixed indexed annuity (FIA) credits a portion of an index's gains with a 0% floor, so your balance never falls below your principal. An immediate annuity converts a lump sum into guaranteed lifetime income. In every case, the outcome is known before you commit.

Is defined outcome investing safe?

Defined outcome products issued by insurance carriers are 100% principal protected and backed by the financial strength of AM Best B++ or better rated insurers, with additional protection from state guaranty associations. They are not FDIC insured and are subject to surrender charges for early withdrawals, but your principal is protected from market losses.

What is the difference between defined outcome investing and a regular investment?

A regular stock or mutual fund investment has an unknown outcome — your return depends entirely on market performance and can be negative. A defined outcome product sets boundaries: your worst case (the floor) and best case (the cap or guaranteed rate) are defined before you invest, removing the guesswork and market anxiety from retirement savings.

Who is defined outcome investing for?

Defined outcome investing is ideal for retirees and pre-retirees in drawdown who can't afford a market crash, savers who want a higher guaranteed rate than a bank CD, and anyone who needs income that lasts as long as they do. Annuital offers three defined outcome strategies: LockIn (guaranteed rate MYGA), IndexedUp (fixed indexed annuity with a floor), and Paycheck (lifetime income annuity).

Free Calculator

When Will My Retirement Savings Run Out?

Calculate how long your savings may last and explore guaranteed income options to eliminate longevity risk.

Retirement Info

Retirement Age

Federal Tax Rate (%)

Expected rate in retirement

State Tax Rate (%)

Account Balances

Different accounts have different tax treatments

401k / TSP (Traditional)

Withdrawals fully taxable

Roth IRA / Roth 401k

Withdrawals tax-free

Traditional IRA

Withdrawals fully taxable

Taxable Brokerage

Only gains taxed at cap gains rate

Total Savings$500,000

Spending

Monthly Retirement Spending

After-tax spending per month

Capital Gains Tax Rate (%)

Typically 0%, 15%, or 20%

Assumptions

Expected Annual Return (%)

Conservative: 4–6% for diversified portfolio

Adjust for Inflation

Annual Inflation Rate (%)

Savings may last until age 72

Approximately 7 years of retirement income · Est. taxes paid: $106,846

This may not cover a full retirement lifetime

Savings Last Until

Age 72

Years of Income

7 yrs

from retirement

Total Taxes Paid

$106,846

over retirement

Suggested Annuity

$250,000

50% of savings

Savings Balance Over Time

How your retirement savings may be depleted over time

Turn Uncertain Savings Into Guaranteed Income

Based on your inputs, allocating approximately $250,000 could generate around $1,375/month in guaranteed lifetime income — removing the risk of running out.

Understanding Longevity Risk

Longevity risk is the possibility of outliving your savings — one of the biggest concerns for retirees. A market downturn early in retirement or living longer than expected can drastically shorten how long your money lasts.

The 4% Rule Explained

The classic 4% rule suggests withdrawing 4% of your portfolio annually. However, this may not work for everyone — especially in low-return environments or if you retire early. Our calculator uses your actual inputs for a personalized projection.

Guaranteed Income Solution

Fixed annuities can convert a portion of your savings into a guaranteed monthly paycheck for life — combining the flexibility of remaining investments with the security of guaranteed income.

Disclaimer

This calculator provides illustrative projections only and is not investment or tax advice. Actual results will vary based on market performance, inflation, spending changes, and life expectancy. Consult a qualified financial advisor before making retirement income decisions.