Top annuity rates as of today—all in one place. The table below provides a practical snapshot of competitive fixed annuity and MYGA (Multi-Year Guaranteed Annuity) yields across the most common terms. Use it as a benchmark, then request a live quote for your specific state and deposit size, because “top” rates can change quickly and can vary based on premium bands, timing, and carrier availability.

Why “Top Annuity Rates” Matter (And What “Top” Really Means)

When most people search for top annuity rates, they’re usually trying to solve one of three problems: they want a guaranteed return they can live with, they want to avoid stock market volatility, or they want a predictable plan for a portion of their retirement assets. Fixed annuities and MYGAs are designed for exactly that—guaranteed interest for a stated term, with principal protection backed by the issuing insurer.

But “top” can be misleading if you only look at the rate column. The best rate for one person may not be the best contract for another. Term length, liquidity rules, surrender schedules, and renewal provisions all influence how useful a “great rate” is in real life. A slightly lower rate with simpler access features can be a better fit than a headline-high rate paired with constraints that don’t match your timeline.

It also helps to remember that rates are not a universal national number. State approval matters. Premium bands matter. Sometimes age bands matter. Effective date matters. This is why we treat the table below as a clean benchmark and then confirm live quotes before you make a decision.

What You’re Buying With a MYGA

A MYGA is often described as the “CD-like” annuity. You deposit premium, you lock a declared rate for a specific term, and the contract credits interest according to the insurer’s schedule. The core idea is simple: you’re prioritizing certainty. You typically know what the contract is designed to do if you hold it through the term, and you’re not depending on market performance to get the result.

That does not mean every MYGA is identical. One carrier may structure its surrender schedule differently than another. One contract may include a Market Value Adjustment (MVA) feature; another may not. One may allow free withdrawals earlier or in a different percentage. These details are why comparing contracts “rate-only” can lead to surprises later. If you want to go deeper on how MYGAs work across terms, you can compare the broader rate landscape on our current annuity rates page as a companion to this “top rates today” snapshot.

How to Think About Term, Liquidity, and Real-World Flexibility

Term and liquidity are inseparable. Longer terms can offer stronger yields in some environments, but you’re also committing to a longer surrender period. That doesn’t automatically make longer terms “bad”—it just means they must align with your plan. If you expect to need significant access to principal in the next couple of years, a 7- or 10-year MYGA may be a mismatch even if the rate looks attractive.

Most fixed annuities include some form of access provision, often described as a “free withdrawal” amount. Many contracts allow a percentage of the account value per year (often after the first contract year), and some provide provisions that are intended to help with required distributions in qualified accounts. The exact rules vary by carrier and contract, so the practical approach is to decide your desired term first, then verify that the contract’s access features match the way you’ll actually use the money.

Renewal provisions matter as well. At maturity, most contracts provide a window in which you can renew, transfer, or withdraw without surrender charges. The details of that window and what happens if no action is taken are contract-specific. It’s worth knowing those mechanics upfront so your “top rate today” decision doesn’t create a frustrating decision later.

💰 Top Annuity Rates by Term (1–10 Years) as of Feb 2026

The table shows representative top yields by term. Rates change frequently—use the quote button for live, carrier-verified figures. (Rate availability can also differ by state approvals, age bands, and premium tiers.)

Rates change frequently and may vary by state, age, and premium band. Larger deposits can qualify for tiered rates.

How People Actually Use “Top Rates” in a Retirement Plan

Most retirees don’t put every dollar into one term. Instead, they use fixed annuities the way you might use a bond ladder or CD ladder: as a structured series of maturities that creates future decision points. This approach can reduce reinvestment risk and improve flexibility. If rates rise later, a shorter maturity gives you a chance to re-price sooner. If rates fall later, the longer maturity keeps a portion locked at the earlier rate.

A practical ladder can be as simple as splitting funds across two or three terms rather than one single term. A common structure is a blend of intermediate and longer terms—designed so that you have something maturing every few years. The right ladder depends on how much liquidity you want, whether you’re using qualified funds, and how confident you are that the money can remain allocated through each surrender period.

Another real-world use is “parking with a purpose.” Some people use MYGAs as a temporary home for funds while they postpone a larger decision—like when to activate Social Security, whether to downsize a home, or when to convert a portion of assets into guaranteed lifetime income. In those cases, the “best rate today” is valuable, but the liquidity provisions and maturity window can matter even more than squeezing out the last few basis points.

What to Confirm Before You Lock Anything In

Before you treat any benchmark as your final answer, it’s smart to confirm a few key items that can change the real result. First, confirm state availability for the exact product. Second, confirm whether the carrier uses premium bands that could improve or reduce the rate at your deposit size. Third, confirm whether the contract includes a Market Value Adjustment and how it can affect withdrawals above free-withdrawal limits during the term. Fourth, confirm what “free withdrawal” means (when it starts, what percentage applies, and whether any special provisions exist for qualified accounts).

Finally, confirm the maturity process. At the end of the term, you want to know your window for action and what happens if no action is taken. Some contracts move to a renewal rate; others use a default option. Knowing the maturity process now helps keep you in control later.

Benchmark Guaranteed Income

Even if your primary goal is accumulation, it can be helpful to benchmark how lifetime income riders might look at different ages. The calculator below is a quick way to explore income illustrations and compare “income-oriented” outcomes against “rate-oriented” outcomes. In many cases, people start with a MYGA ladder for predictable growth and later evaluate whether they want to convert a portion into protected lifetime income.

Next Steps

If you like today’s benchmark yields, the next step is simple: confirm your live rate offers for your state and deposit size, then compare the contract details side by side. If you’re also evaluating upfront bonus options, we can include a comparison against current bonus annuity rates so you can see how bonus structures stack up against clean fixed-rate contracts in the same time horizon.