MYGA Rates 2026: Best Fixed Annuity Rates Compared

Take the next step, run the numbers with our free retirement calculators . By Brent Meyer — SafeMoney.com Founder & Editor Reviewed by Licensed Financial Professionals  |  SafeMoney.com — Trusted Since 2011  |  Updated Regularly Quick Answer: MYGA rates in 2026 are among the most competitive in over a decade. Top 3-year rates reach 5.65%, 5-year rates reach 6.30%, and 7-year rates top 6.50% — all with full principal protection and tax-deferred growth. These rates significantly exceed comparable CD rates and current bond fund yields, making MYGAs one of the most efficient guaranteed income tools available for retirees today. MYGA Rates in 2026: Where Things Stand Multi-year guaranteed annuity rates are directly influenced by the interest rate environment — primarily the 10-year Treasury yield and investment-grade corporate spreads. With rates elevated well above the near-zero environment of 2015–2021, MYGAs in 2026 offer the most attractive guaranteed rates seen in more than a decade. For retirees and pre-retirees who spent years watching their CDs renew at 0.5% and 1.0%, the current rate environment is a meaningful shift. A guaranteed 6.30% for five years on a fully principal-protected product was unimaginable as recently as 2020. Today it is a standard offering from multiple A-rated carriers. Understanding the rate landscape — what drives it, what to look for when comparing products, and how to ensure you capture the best available rate for your premium and term — is the foundation of a smart MYGA purchase. Current MYGA Rate Snapshot (2026) The following rates represent the competitive range currently available from top-rated carriers. Actual rates at any given moment depend on your state, premium amount, and the specific carrier. Working with an independent advisor with access to 20 or more carriers is the best way to identify the highest available rate for your specific situation. Term Sample Rate Mo. Income on $100K 5-Year Total on $100K Type 3-Year MYGA 5.65% $471 $118,010* Guaranteed 5-Year MYGA 6.30% $525 $135,773* Guaranteed 7-Year MYGA 6.50% $542 $154,036* Guaranteed 10-Year MYGA 6.05% $504 $179,585* Guaranteed *Compounded total at term end on $100,000 initial premium. Monthly income figures annualized and divided by 12. Rates illustrative — see live MYGA rate comparison for current figures. MYGA Rates vs CDs vs Bond Funds: How They Compare Context matters when evaluating a MYGA rate. Here is how 2026 MYGA rates stack up ag