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 (MVA)||8 yrs.||$20,000||3.00%||A|
|Guggenheim Life and Annuity / Preserve MYGA 8 High-Band (MVA)||8 yrs.||$250,000||2.60%||B++|
|Guggenheim Life and Annuity / Preserve MYGA 8 Low-Band (MVA)||8 yrs.||$10,000||2.50%||B++|
|American National / Palladium MYG 8 High-Band (MVA)||8 yrs.||$250,000||2.45%||A|
|American National / Palladium MYG 8 Low-Band (MVA)||8 yrs.||$100,000||2.30%||A|
|Equitrust Life / Certainty Select 8 (MVA)||8 yrs.||$10,000||2.00%||B++|
In search of a higher potential rate? Learn about the December Product of the Month, a 5 year program
with an A+ rated annuity carrier that has no fees and a historical rate of return of 5.31%.
Purchasing an annuity is a simple process. Secure, online applications allow you the option to purchase safely from home. Fill out the form below for information on how to get started.