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).

How do I calculate my total federal retirement income?

Total federal retirement income typically combines: (1) FERS or CSRS pension annuity, (2) TSP withdrawals or annuity, (3) Social Security benefits, and (4) any supplemental income. Use Annuital's Federal Income Planner to see all four sources combined into one monthly income projection.

Will my federal pension and Social Security be enough to retire?

FERS replaces roughly 30–40% of pre-retirement income through the pension alone — below the 70–80% most financial advisors recommend. Adding TSP and Social Security typically bridges the gap, but many federal employees supplement with a fixed annuity to guarantee the remaining income floor.

Should federal employees buy a fixed annuity?

Federal employees with a savings gap — where FERS pension + TSP + Social Security don't fully cover expenses — often use a fixed annuity to fill the income floor. MYGAs at 5.55% APY offer guaranteed, tax-deferred growth that can supplement federal retirement income at lower cost than many alternatives.

FERS · CSRS · TSP · Social Security

Federal Income Planner

Calculate total retirement income combining FERS/CSRS pension, Social Security, and guaranteed annuity income

Designed for federal employees to calculate total retirement income from all sources — estimate your FERS pension, Social Security, and guaranteed annuity income in one place.

✓FERS/CSRS pension calculator

✓Social Security estimates

✓Immediate annuity quotes

✓Total income projections

Your Information

Current Age

Retirement Age

Federal Service

Retirement System

Years of Service

High-3 Average Salary

Average of your highest 3 consecutive years

Estimated Monthly Social Security

Get estimate at ssa.gov

Annuity Investment

Premium Amount

Amount to convert to guaranteed lifetime income

Annuity Purchase Age

When Do You Need This Income?

Longer deferral = higher monthly income

Personal Income Annuity

Nassau Life and Annuity Company

B++ Rated

Guaranteed lifetime income
Payments for life
No market risk
Complements federal benefits

Calculate Your Federal Retirement Income

Enter your federal service details, Social Security estimate, and annuity investment to see your complete plan

Complete Guide to Federal Retirement Income

1. FERS Pension

Your basic annuity from OPM — 1% of High-3 salary × years of service (1.1% if retiring at 62+ with 20+ years).

2. Social Security

Your earned SS benefit based on lifetime earnings. Federal employees hired after 1984 participate.

3. TSP/Savings

Your Thrift Savings Plan. Can be converted to guaranteed lifetime income through an annuity.

How much retirement income will I need?

A common rule is 70-80% of your pre-retirement income. Federal employees with generous pensions may need less with reduced expenses in retirement.

Should I convert my TSP to an annuity?

Consider converting a portion of your TSP for guaranteed income while keeping the rest invested for growth and flexibility.

When should I start Social Security?

You can start at 62, but waiting until FRA (66-67) or age 70 increases your monthly benefit significantly.

What is the FERS Supplement?

If you retire before age 62 with an immediate FERS pension, you may receive a Special Retirement Supplement until age 62, bridging the income gap.

Important Disclosures: Annuital is a DBA of Small Business Insurance Agency, Inc., a Massachusetts licensed insurance agency. All annuity products are issued by licensed insurance companies and are subject to the claims-paying ability and financial strength of the issuing carrier.

Product Information: Annuities are not FDIC insured, are not bank deposits, and may lose value. Guarantees are backed solely by the financial strength of the issuing insurance company. Early withdrawals may be subject to surrender charges and tax penalties.

State Availability: Products and rates vary by state. Services are not available in California or New York.

Tax Information: This website provides general information only and should not be considered tax advice. Consult with a qualified tax advisor.

Licensing: All agents are licensed insurance professionals. License information available upon request.

Quotes and Projections: All quotes and projections are estimates only and not guarantees of future performance. All applications are subject to underwriting and approval.

Federal Employee Retirement Income Planner