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).

What is the best day to retire under FERS?

For FERS employees, the best retirement date is generally the last day of a month (or the first 3 days of the following month). Retiring at the end of the month maximizes your annual leave payout and ensures you receive your first pension check with minimal gap. The last 3 days of December is often the most popular date due to annual leave accumulation resets.

Does sick leave count toward FERS retirement?

Yes. Under FERS, unused sick leave is converted to additional service credit at retirement at a rate of 2,087 hours = 1 year. This can increase your FERS annuity. For example, 1,044 hours of unused sick leave adds about 6 months of service credit to your pension calculation.

When does my FERS pension start after I retire?

Your first FERS pension payment typically arrives the first business day of the month following your retirement date. OPM may issue interim payments for the first several months while processing your final annuity amount, with a retroactive adjustment once finalized.

For Federal Employees · FERS & CSRS

Federal Retirement
Date Optimizer

Find the exact date that maximizes your pension, sick leave credit, annual leave payout, and lifetime retirement income — in under 2 minutes.

FERS & CSRS systemsSick leave creditAnnual leave payoutFirst payment estimate

🔒 No signup required📊 OPM-standard formulas⚡ Instant results📱 Mobile friendlyFor educational purposes only · Consult a licensed advisor

Enter Your Information

Date of Birth *

Federal Service Start Date *

Retirement System

Planned Retirement Year

High-3 Average Salary * (3 highest consecutive years)

TSP Balance (optional)

Sick Leave Balance (hours)

Sick leave converts to additional service credit

Annual Leave Balance (hours)

Paid out as lump sum at retirement

What You'll Get

Your optimal retirement date
Estimated monthly pension
Sick leave service credit
Annual leave lump sum payout
First pension payment date
Projected lifetime income

Need Help?

Speak with a licensed federal benefits specialist. No obligation.

508-770-0222

💡 Pro Tip

Retiring on the last day of a month ensures your pension begins the first day of the following month — maximizing your income with no gap in pay.

Educational Tool: This calculator uses OPM-standard formulas to estimate your retirement benefits. Results are projections only and may differ from your official OPM estimate. Always verify with your HR office and consult a qualified federal benefits advisor before retiring.

Get Your Personalized Federal Retirement Income Plan

Free consultation with a licensed federal benefits specialist

508-770-0222

Federal Employee Tools & Resources

Federal Income Planner

Popular

FERS + TSP + Social Security combined income

Federal Pension Calculator

Detailed FERS/CSRS annuity estimate

FEGLI Life Insurance Calculator

Calculate your federal life insurance costs

Military Buyback Calculator

How military service boosts your pension

Federal Retirees Guide

Guide

Complete FERS/CSRS planning guide

Anna — Federal AI Advisor

Ask any federal benefits question 24/7

Federal Retirement Learning Center

Planning

Federal RetirementDate Optimizer