Question 1

What are today's best fixed annuity rates?

Accepted Answer

Today's best fixed annuity (MYGA) rates are up to 5.50% APY for multi-year guaranteed annuities from A-rated carriers. Rates vary by term, premium amount, and state. Compare current rates at Annuital.

Question 2

Are fixed annuities better than CDs in 2026?

Accepted Answer

Fixed annuities often offer higher guaranteed rates than CDs in 2026 — up to 5.50% APY vs typical CD rates of 3-4% — plus tax-deferred growth. Both are principal-protected, but annuities provide superior long-term retirement benefits.

Question 3

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

Accepted Answer

A MYGA (multi-year guaranteed annuity) is a fixed annuity that guarantees a specific interest rate for a set term — typically 2 to 10 years. Your principal is 100% protected and grows tax-deferred. It works like a CD but typically offers higher rates and tax advantages.

Question 4

How safe are fixed annuities?

Accepted Answer

Fixed annuities are backed by the financial strength of A-rated insurance carriers and state guaranty associations. Your principal is 100% protected from market losses. They are among the safest retirement savings vehicles available.

Question 5

Can I withdraw money from a fixed annuity?

Accepted Answer

Most fixed annuities allow penalty-free withdrawals of up to 10% per year. Additional withdrawals during the surrender period may incur charges. After the surrender period ends, you can access your full balance without penalty.

Question 6

What states does Annuital serve?

Accepted Answer

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

TSPRetirement Guide | Annuital