Below you will find the highest current interest rates and product guidelines for 8 year multi-year guaranteed annuities (MYGA). MYGA's are fixed annuities that are commonly referred to as CD-Type annuities. You can read a detailed description of multi-year guaranteed annuities here. MYGA's guarantee a fixed rate of return for the entire duration of the contracts, typically ranging from 3 to 10 years. The key distinction between a MYGA and other types of fixed annuities is the term of the guaranteed rate. A MYGA annuity's rate is guaranteed for the full contract term. Other types of fixed annuities still offer a guaranteed rate, though it may only be for a portion of the term.
Annuity rates can change daily. Receive the most up-to-date rates by requesting The MYGA Report with the form below.
Select a specific contract length, or choose all years to view the highest rates for each term.
|Company / Product||Length||Minimum Premium||Rate||Rating|
|Oxford Life / Multi-Select 8||8 yrs.||$20,000||2.85 %||A|
|Guaranty Income LIC / Guaranty Rate Lock 8||8 yrs.||$250,000||2.75 %||B++|
|Guaranty Income LIC / Guaranty Rate Lock 8||8 yrs.||$100,000||2.65 %||B++|
|Guggenheim Life and Annuity / Preserve MYGA 8 High-Band||8 yrs.||$250,000||2.60 %||B++|
|Guggenheim Life and Annuity / Preserve MYGA 8 Low-Band||8 yrs.||$10,000||2.50 %||B++|
|American National / Palladium MYG 8 High-Band||8 yrs.||$250,000||2.45 %||A|
|American National / Palladium MYG 8 Low-Band||8 yrs.||$100,000||2.30 %||A|
|Equitrust Life / Certainty Select 8||8 yrs.||$10,000||2.10 %||B++|
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