Today’s Best MYGA Rates

Every rate below is shown as its True Blended Yield™ — the annualized rate across the product’s full surrender term, not a teaser. How we calculate it ↓

Today’s best MYGA rates at a glance

As of Jul 22, 2026, the highest MYGA rate on Annuity.com is 6.30% on a 5-year term, compared across 297 products from 60+ carriers.

Annuity.com’s True Blended Yield™

Every rate on this page is shown as its True Blended Yield™ — the single honest number that reflects what a MYGA actually pays over its full surrender term, not just its flashiest year.

Most rate comparison sites show whatever number looks biggest: a first-year bonus, a short guarantee period inside a longer surrender schedule, or a simple-interest rate dressed up to look like compound. True Blended Yield™ normalizes all of that into one number, so a 9% teaser and a steady 6.2% can be compared on equal footing — because after year one, they often aren’t equal at all.

How it’s calculated: we take every rate segment a product actually pays across its full surrender period, compound them together, and annualize the result into a single true yield. Simple-interest products are converted to their compound-equivalent. It’s the number you’d get if you did the math yourself on the fine print — done automatically, for every product, every day.

Why headline rates can be misleading

Three patterns show up across the MYGA market that make a rate look better than it performs:

Simple interest dressed as compound.

A rate stated as “6.30%” may be simple interest — interest calculated only on your original deposit each year, not on your growing balance. Converted to its compound-equivalent, it’s meaningfully lower.

First-year bonus rates.

A high “Year 1” rate that steps down to a lower base rate for the rest of the term. Averaged, unweighted, that looks like a strong multi-year number — it isn’t.

Short guarantee inside a longer surrender period.

A product might guarantee a high rate for 3 years but lock your money up for 5 — with the remaining 2 years paying only a contractual minimum.

True Blended Yield™ catches all three and shows you the real number.

Why do some products show more than one rate?

Some carriers offer optional riders — like an enhanced death benefit or a larger free-withdrawal allowance — that slightly reduce the credited rate in exchange for added flexibility or protection. Rather than hide this or show confusing duplicate rows, we group these under one product with selectable options, so you can compare the base contract against each rider variant side by side.

New to riders? Start with our guide to how annuity riders work, including guaranteed minimum withdrawal benefit (GMWB) riders.

How to compare MYGAs (in the right order)

1. 

   Start with True Blended Yield™, not the headline rate. It reflects what a product pays across its entire surrender term, so every product competes on the same honest number.

2. 

   Check the carrier’s financial strength rating. A guarantee is only as strong as the insurer behind it. A.M. Best ratings are shown for every carrier on this page.

3. 

   Match the term to your timeline. A great rate on a 7-year term doesn’t help if you’ll need the money in 4. Choose a surrender period that fits when you’ll actually want access.

4. 

   Check liquidity provisions. Many MYGAs allow penalty-free withdrawals of interest, or up to 10% of the contract value each year — but the rules vary by product. Know them before you commit.

5. 

   Confirm state availability and minimum deposit. Not every product is approved in every state, and minimum deposits vary widely by product.

6. 

   Review rider options if offered. Optional riders trade a slightly lower rate for added flexibility or protection — compare each variant’s True Blended Yield™ side by side before deciding.

Where these rates come from

Rates are pulled daily from Cannex, the industry-standard annuity rate data provider, and independently converted to True Blended Yield™ using the methodology above. All content is reviewed under the editorial oversight of our Advisory Board. Annuity.com compares products from 60+ carriers and is not captive to any single insurance company. For the formula and worked examples, read True Blended Yield™, explained.