Guaranteed Interest Rates

Multi-Year Guaranteed Annuities (MYGAs) provide a stable fixed interest rate that remains unchanged over the selected term, which can span from two to seven years. Presently, rates fall within the 5% range, and as the annuity matures, the annual yield increases. Opting for an extended term, such as seven years, typically results in higher interest rates compared to a shorter commitment of two years.