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).

FERS Special Retirement Supplement · 2025 Guide

FERS Supplement (SRS)
Complete Guide

The FERS Special Retirement Supplement can add $800–$1,500/month to your income before age 62. Here's who qualifies, how it's calculated, and what can reduce it.

Who qualifiesHow it's calculatedEarnings test rulesWhen it stops

$800–$1,500

Typical Monthly Amount

Depends on years of service & SS estimate

Age 62

Stops At

Regardless of when you claim SS

$23,400/yr

2025 Earnings Limit

$1 reduction per $2 over limit

None

COLA Adjustments

Amount is fixed at retirement

Who QUALIFIES for the SRS

MRA (55–57) with 30+ years of service
Age 60 with 20+ years of service
Special category (LEO/FF/ATC) at their special retirement age
VERA/VSIP retirees — but only once they reach their MRA

Who Does NOT Qualify

MRA+10 retirees (MRA with only 10–29 years)
FERS disability retirees
Deferred retirees (left federal service before meeting age/service requirements)
Anyone who retires at age 62 or later

How to Calculate Your SRS Amount

The formula is straightforward: your years of FERS service divided by 40, times your estimated Social Security benefit at age 62.

Formula

SRS = (Years of FERS Service ÷ 40) × Est. SS Benefit at 62

30 years · $1,600/mo SS

(30 ÷ 40) × $1,600

$1,200/month

25 years · $1,400/mo SS

(25 ÷ 40) × $1,400

$875/month

35 years · $1,800/mo SS

(35 ÷ 40) × $1,800

$1,575/month

20 years · $1,200/mo SS

(20 ÷ 40) × $1,200

$600/month

Your estimated Social Security benefit at 62 can be found on your SSA statement at ssa.gov/myaccount.

The Earnings Test — What Reduces Your SRS

Many federal retirees are surprised to learn that post-retirement employment can reduce their SRS — even if it has nothing to do with their federal career.

2025 Earnings Limit: $23,400/year ($1,950/month)

If your post-retirement wages exceed this limit, your SRS is reduced by $1 for every $2 over the limit.

Example: Earn $33,400 in wages → Excess = $10,000 → SRS reduced by $5,000/year ($417/month)

COUNTS against the earnings limit:

Wages from a new employer
Self-employment income
Net profit from a business
Contract/consulting fees (if self-employed)

Does NOT count against the limit:

TSP withdrawals
Investment & dividend income
Rental income
Your FERS pension
Social Security benefits

FERS Supplement Income Timeline

MRA (55–57)

Earliest retirement with 30 years

✓ SRS begins immediately

Retirement with 20+ years

✓ SRS begins immediately

SRS ends — Social Security can begin

⚠ SRS stops this month

67 (FRA)

Full Social Security benefit

Claim SS here for maximum monthly payment

Maximum Social Security delayed credits

8% per year increase from FRA to 70

Will You Qualify for the FERS Supplement?

Our licensed federal benefits specialists can confirm your SRS eligibility, estimate your amount, and build a complete retirement income plan — at no cost to current federal employees.

Call 508-770-0222 Use Income Planner →

FERS Supplement (SRS)
Complete Guide

Who QUALIFIES for the SRS

Who Does NOT Qualify

How to Calculate Your SRS Amount

The Earnings Test — What Reduces Your SRS

COUNTS against the earnings limit:

Does NOT count against the limit:

FERS Supplement Income Timeline

FERS Supplement — Frequently Asked Questions

Federal Retirement Date Calculator

Social Security Calculator

Federal Pension Calculator

Will You Qualify for the FERS Supplement?

FERS Supplement (SRS)Complete Guide

Who QUALIFIES for the SRS

Who Does NOT Qualify

How to Calculate Your SRS Amount

The Earnings Test — What Reduces Your SRS

COUNTS against the earnings limit:

Does NOT count against the limit:

FERS Supplement Income Timeline

FERS Supplement — Frequently Asked Questions

Federal Retirement Date Calculator

Social Security Calculator

Federal Pension Calculator

Will You Qualify for the FERS Supplement?

FERS Supplement (SRS)
Complete Guide