Today's Best Multi-Year Fixed Interest Deferred Annuities

Scan today's lists of the best Multi-year Fixed Interest Deferred Annuities (updated Friday, 2015-05-22). These lists are sorted by the surrender fee period. We revise these lists daily and there are frequent changes. Please bookmark this page and come back to it often.

For expert help with multi-year fixed interest deferred annuities call 800-872-6684 or click a 'Get My Quote' button next to any annuity in these lists.

OUR HIGHEST MULTI-YEAR DEFERRED ANNUITY RATES

May 22, 2015
Click Product Name
for more Information
Surrender
Fee Period
Minimum Premium Annual
Rate
AM Best
Rating
Click to
Sentinel Security Life
Personal Choice Annuity 10
10 yrs.$2,5003.55 %B++
Guggenheim Life
Preserve MYGA 9 Annuity
9 yrs.$250,0003.20 %B++
Guggenheim Life
Preserve MYGA 8 Annuity
8 yrs.$250,0003.10 %B++
Oxford Life
Multi-Select 7 Annuity
7 yrs.$20,0003.00 %A-
Guggenheim Life
Preserve MYGA 6 Annuity
6 yrs.$250,0002.90 %B++
Sentinel Security Life
Personal Choice Annuity 5
5 yrs.$2,5003.10 %B++
Oxford Life
Multi-Select 4 Annuity
4 yrs.$20,0002.05 %A-

MULTI-YEAR DEFERRED ANNUITY RATES (in order of Surrender Period)

May 22, 2015
Click Product Name
for more Information
Surrender
Fee Period
Minimum Premium Annual
Rate
AM Best
Rating
Click to
Sentinel Security Life
Personal Choice Annuity 10
10 yrs.$2,5003.55 %B++
Delaware Life
Pinnacle MYGA℠ 10 Annuity Year (MVA)
10 yrs.$10,0003.25 %A-
Oxford Life
Multi-Select 10 Annuity (MVA)
10 yrs.$20,0003.20 %A-
Guggenheim Life and Annuity
Preserve MYGA 10 Annuity High-Band (MVA)
10 yrs.$249,9993.10 %B++
EquiTrust Life
Certainty Select 10 Annuity (MVA)
10 yrs.$10,0003.00 %B++
Guggenheim Life and Annuity
Preserve MYGA 10 Annuity Low-Band (MVA)
10 yrs.$10,0003.00 %B++
Midland National Life
Guarantee Ultimate 10 Annuity High-Band (MVA)
10 yrs.$200,0003.00 %A+
North American
Guarantee Choice 10 Annuity High-Band (MVA)
10 yrs.$200,0003.00 %A+
Midland National Life
Guarantee Ultimate 10 Annuity Low-Band (MVA)
10 yrs.$10,0002.75 %A+
North American
Guarantee Choice 10 Annuity Low-Band (MVA)
10 yrs.$10,0002.75 %A+
Pacific Life
Pacific Frontiers II 10 Annuity (MVA)
10 yrs.$10,0002.45 %A+
Integrity Life
MultiVantage 10 Annuity (MVA)
10 yrs.$20,0002.10 %A+
American National
Palladium MYG Annuity 10 High-Band (MVA)
10 yrs.$100,0002.00 %A
National Integrity Life
MultiVantage 10 Annuity (MVA)
10 yrs.$20,0001.95 %A+
American National
Palladium MYG Annuity 10 Low-Band (MVA)
10 yrs.$5,0001.90 %A
VOYA and Annuity
Guarantee Choice 10 Annuity High-Band (MVA)
10 yrs.$75,0001.60 %N/A
VOYA and Annuity
Guarantee Choice 10 Annuity Low-Band (MVA)
10 yrs.$15,0001.50 %N/A
Oxford Life
Multi-Select 9 Annuity (MVA)
9 yrs.$20,0003.10 %A-
Guggenheim Life and Annuity
Preserve MYGA 9 Annuity High-Band (MVA)
9 yrs.$249,9993.00 %B++
Guggenheim Life and Annuity
Preserve MYGA 9 Annuity Low-Band (MVA)
9 yrs.$10,0002.90 %B++
Midland National Life
Guarantee Ultimate 9 Annuity High-Band (MVA)
9 yrs.$200,0002.85 %A+
North American
Guarantee Choice 9 Annuity High-Band (MVA)
9 yrs.$200,0002.85 %A+
Minnesota Life
SecureOption Select 9 Annuity High-Band (MVA)
9 yrs.$100,0002.80 %A+
Midland National Life
Guarantee Ultimate 9 Annuity Low-Band (MVA)
9 yrs.$10,0002.65 %A+
North American
Guarantee Choice 9 Annuity Low-Band (MVA)
9 yrs.$10,0002.65 %A+
Minnesota Life
SecureOption Select 9 Annuity Low-Band (MVA)
9 yrs.$5,0002.60 %A+
Pacific Life
Pacific Frontiers II 9 Annuity (MVA)
9 yrs.$10,0002.40 %A+
American National
Palladium MYG Annuity 9 High-Band (MVA)
9 yrs.$100,0002.02 %A
American National
Palladium MYG Annuity 9 Low-Band (MVA)
9 yrs.$5,0001.92 %A
Oxford Life
Multi-Select 8 Annuity (MVA)
8 yrs.$20,0003.05 %A-
Guggenheim Life and Annuity
Preserve MYGA 8 Annuity High-Band (MVA)
8 yrs.$249,9992.90 %B++
EquiTrust Life
Certainty Select 8 Annuity (MVA)
8 yrs.$10,0002.85 %B++
Guggenheim Life and Annuity
Preserve MYGA 8 Annuity Low-Band (MVA)
8 yrs.$10,0002.80 %B++
Midland National Life
Guarantee Ultimate 8 Annuity High-Band (MVA)
8 yrs.$200,0002.75 %A+
North American
Guarantee Choice 8 Annuity High-Band (MVA)
8 yrs.$200,0002.75 %A+
Midland National Life
Guarantee Ultimate 8 Annuity Low-Band (MVA)
8 yrs.$10,0002.50 %A+
North American
Guarantee Choice 8 Annuity Low-Band (MVA)
8 yrs.$10,0002.50 %A+
Pacific Life
Pacific Frontiers II 8 Annuity (MVA)
8 yrs.$10,0002.30 %A+
American National
Palladium MYG Annuity 8 High-Band (MVA)
8 yrs.$100,0002.00 %A
American National
Palladium MYG Annuity 8 Low-Band (MVA)
8 yrs.$5,0001.90 %A
Sentinel Security Life
Personal Choice Annuity 7
7 yrs.$2,5003.25 %B++
Oxford Life
Multi-Select 7 Annuity (MVA)
7 yrs.$20,0003.00 %A-
Delaware Life
Pinnacle MYGA℠ 7 Annuity Year (MVA)
7 yrs.$10,0002.95 %A-
Guggenheim Life and Annuity
Preserve MYGA 7 Annuity High-Band (MVA)
7 yrs.$249,9992.80 %B++
Guggenheim Life and Annuity
Preserve MYGA 7 Annuity Low-Band (MVA)
7 yrs.$10,0002.70 %B++
Midland National Life
Guarantee Ultimate 7 Annuity High-Band (MVA)
7 yrs.$200,0002.60 %A+
North American
Guarantee Choice 7 Annuity High-Band (MVA)
7 yrs.$200,0002.60 %A+
Fidelity & Guaranty Life
FG Guarantee-Plus 7 Annuity (MVA)
7 yrs.$10,0002.54 %B++
Fidelity & Guaranty Life
FG Guarantee-Platinum 7 Annuity (MVA)
7 yrs.$10,0002.50 %B++
Midland National Life
Guarantee Ultimate 7 Annuity Low-Band (MVA)
7 yrs.$10,0002.40 %A+
North American
Guarantee Choice 7 Annuity Low-Band (MVA)
7 yrs.$10,0002.40 %A+
Symetra Life
Symetra Custom 7 Annuity (No ROP) High-Band
7 yrs.$250,0002.37 %A
Symetra Life
Symetra Custom 7 Annuity (No ROP) Mid-Band
7 yrs.$100,0002.27 %A
Great American Life
SecureGain 7 Annuity Low-Band (STEP RATE)
7 yrs.$10,0002.19 %A
Great American Life
SecureGain 7 Annuity No MVA High-Band (MVA STEP RATE)
7 yrs.$100,0002.19 %A
Great American Life
SecureGain 7 Annuity High-Band (STEP RATE)
7 yrs.$100,0002.15 %A
Pacific Life
Pacific Frontiers II 7 Annuity (MVA)
7 yrs.$10,0002.15 %A+
American National
Palladium MYG Annuity 7 High-Band (MVA)
7 yrs.$100,0002.14 %A
Minnesota Life
SecureOption Select 7 Annuity High-Band (MVA)
7 yrs.$100,0002.10 %A+
Great American Life
SecureGain 7 Annuity No MVA Low-Band (MVA STEP RATE)
7 yrs.$10,0002.09 %A
American National
Palladium MYG Annuity 7 Low-Band (MVA)
7 yrs.$5,0002.04 %A
Symetra Life
Symetra Custom 7 Annuity (No ROP) Mid-Band
7 yrs.$50,0001.97 %A
Minnesota Life
SecureOption Select 7 Annuity Low-Band (MVA)
7 yrs.$5,0001.90 %A+
Symetra Life
Symetra Custom 7 Annuity (ROP) High-Band
7 yrs.$250,0001.87 %A
Integrity Life
MultiVantage 7 Annuity (MVA)
7 yrs.$20,0001.84 %A+
Symetra Life
Symetra Custom 7 Annuity (ROP) Mid-Band
7 yrs.$100,0001.77 %A
Minnesota Life
SecureOption Focus 7 Annuity High-Band
7 yrs.$100,0001.75 %A+
National Integrity Life
MultiVantage 7 Annuity (MVA)
7 yrs.$20,0001.74 %A+
Symetra Life
Symetra Custom 7 Annuity (No ROP) Low-Band
7 yrs.$10,0001.67 %A
Minnesota Life
SecureOption Focus 7 Annuity Mid-Band
7 yrs.$35,0001.65 %A+
Symetra Life
Symetra Custom 7 Annuity (ROP) Mid-Band
7 yrs.$50,0001.62 %A
Symetra Life
Symetra Custom 7 Annuity (ROP) Low-Band
7 yrs.$10,0001.57 %A
Minnesota Life
SecureOption Focus 7 Annuity Low-Band
7 yrs.$10,0001.45 %A+
Guggenheim Life and Annuity
Preserve MYGA 6 Annuity High-Band (MVA)
6 yrs.$249,9992.70 %B++
Oxford Life
Multi-Select 6 Annuity (MVA)
6 yrs.$20,0002.70 %A-
Guggenheim Life and Annuity
Preserve MYGA 6 Annuity Low-Band (MVA)
6 yrs.$10,0002.60 %B++
EquiTrust Life
Certainty Select 6 Annuity (MVA)
6 yrs.$10,0002.50 %B++
Midland National Life
Guarantee Ultimate 6 Annuity High-Band (MVA)
6 yrs.$200,0002.40 %A+
North American
Guarantee Choice 6 Annuity High-Band (MVA)
6 yrs.$200,0002.40 %A+
Midland National Life
Guarantee Ultimate 6 Annuity Low-Band (MVA)
6 yrs.$10,0002.15 %A+
North American
Guarantee Choice 6 Annuity Low-Band (MVA)
6 yrs.$10,0002.15 %A+
Pacific Life
Pacific Frontiers II 6 Annuity (MVA)
6 yrs.$10,0001.85 %A+
American National
Palladium MYG Annuity 6 High-Band (MVA)
6 yrs.$100,0001.40 %A
American National
Palladium MYG Annuity 6 Low-Band (MVA)
6 yrs.$5,0001.30 %A
Sentinel Security Life
Personal Choice Annuity 5
5 yrs.$2,5003.10 %B++
Midland National Life
Guarantee Ultimate 5 Annuity High-Band (MVA)
5 yrs.$200,0002.60 %A+
Oxford Life
Multi-Select 5 Annuity (MVA)
5 yrs.$20,0002.55 %A-
Guggenheim Life and Annuity
Preserve MYGA 5 Annuity High-Band (MVA)
5 yrs.$249,9992.50 %B++
North American
Guarantee Choice 5 Annuity High-Band (MVA)
5 yrs.$200,0002.45 %A+
Delaware Life
Pinnacle MYGA℠ 5 Annuity Year (MVA)
5 yrs.$10,0002.40 %A-
Guggenheim Life and Annuity
Preserve MYGA 5 Annuity Low-Band (MVA)
5 yrs.$10,0002.40 %B++
Midland National Life
Guarantee Ultimate 5 Annuity Low-Band (MVA)
5 yrs.$10,0002.40 %A+
EquiTrust Life
Certainty Select 5 Annuity (MVA)
5 yrs.$10,0002.25 %B++
North American
Guarantee Choice 5 Annuity Low-Band (MVA)
5 yrs.$10,0002.25 %A+
Symetra Life
Symetra Custom 5 Annuity (No ROP) High-Band
5 yrs.$250,0002.25 %A
Fidelity & Guaranty Life
FG Guarantee-Plus 5 Annuity (MVA)
5 yrs.$10,0002.05 %B++
Symetra Life
Symetra Custom 5 Annuity (No ROP) Mid-Band
5 yrs.$100,0002.00 %A
Great American Life
SecureGain 5 Annuity High-Band (MVA STEP RATE)
5 yrs.$100,0001.95 %A
Fidelity & Guaranty Life
FG Guarantee-Platinum 5 Annuity (MVA)
5 yrs.$10,0001.95 %B++
Great American Life
SecureGain 5 Annuity Low-Band (MVA STEP RATE)
5 yrs.$10,0001.85 %A
Great American Life
SecureGain 5 Annuity No MVA High-Band (STEP RATE)
5 yrs.$100,0001.75 %A
Symetra Life
Symetra Custom 5 Annuity (ROP) High-Band
5 yrs.$250,0001.75 %A
Great American Life
SecureGain 5 Annuity No MVA Low-Band (STEP RATE)
5 yrs.$10,0001.65 %A
Symetra Life
Symetra Custom 5 Annuity (ROP) Mid-Band
5 yrs.$100,0001.65 %A
Symetra Life
Symetra Custom 5 Annuity (No ROP) Mid-Band
5 yrs.$50,0001.65 %A
Minnesota Life
SecureOption Select 5 Annuity High-Band (MVA)
5 yrs.$100,0001.50 %A+
Minnesota Life
SecureOption Select 5 Annuity Low-Band (MVA)
5 yrs.$5,0001.50 %A+
Pacific Life
Pacific Frontiers II 5 Annuity (MVA)
5 yrs.$10,0001.50 %A+
Symetra Life
Symetra Custom 5 Annuity (No ROP) Low-Band
5 yrs.$25,0001.40 %A
American National
Palladium MYG Annuity 5 High-Band (MVA)
5 yrs.$100,0001.30 %A
Integrity Life
MultiVantage 5 Annuity (MVA)
5 yrs.$20,0001.30 %A+
National Integrity Life
MultiVantage 5 Annuity (MVA)
5 yrs.$20,0001.30 %A+
Symetra Life
Symetra Custom 5 Annuity (ROP) Mid-Band
5 yrs.$50,0001.25 %A
American National
Palladium MYG Annuity 5 Low-Band (MVA)
5 yrs.$5,0001.20 %A
Symetra Life
Symetra Custom 5 Annuity (ROP) Low-Band
5 yrs.$25,0001.15 %A
Guggenheim Life and Annuity
Preserve MYGA 4 Annuity High-Band (MVA)
4 yrs.$249,9992.10 %B++
Oxford Life
Multi-Select 4 Annuity (MVA)
4 yrs.$20,0002.05 %A-
Guggenheim Life and Annuity
Preserve MYGA 4 Annuity Low-Band (MVA)
4 yrs.$10,0002.00 %B++
Midland National Life
Guarantee Ultimate 4 Annuity High-Band (MVA)
4 yrs.$200,0001.85 %A+
North American
Guarantee Choice 4 Annuity High-Band (MVA)
4 yrs.$200,0001.75 %A+
Midland National Life
Guarantee Ultimate 4 Annuity Low-Band (MVA)
4 yrs.$10,0001.60 %A+
North American
Guarantee Choice 4 Annuity Low-Band (MVA)
4 yrs.$10,0001.50 %A+
Integrity Life
MultiVantage 4 Annuity (MVA)
4 yrs.$20,0001.25 %A+
National Integrity Life
MultiVantage 4 Annuity (MVA)
4 yrs.$20,0001.25 %A+
Guggenheim Life and Annuity
Preserve MYGA 3 Annuity High-Band (MVA)
3 yrs.$249,9991.85 %B++
Guggenheim Life and Annuity
Preserve MYGA 3 Annuity Low-Band (MVA)
3 yrs.$10,0001.75 %B++
Oxford Life
Multi-Select 3 Annuity (MVA)
3 yrs.$20,0001.75 %A-
Delaware Life
Pinnacle MYGA℠ 3 Annuity Year (MVA)
3 yrs.$10,0001.60 %A-
EquiTrust Life
Certainty Select 3 Annuity (MVA)
3 yrs.$10,0001.50 %B++
Fidelity & Guaranty Life
FG Guarantee-Platinum 3 Annuity (MVA)
3 yrs.$10,0001.25 %B++

Comments (5)

  1. Chris:
    Apr 07, 2015 at 12:30 PM

    I bought a $70,000 annuity a few years ago, to last over 7 years. If I close it out early and I'm under 59, will I lose any of the principal $70K with any penalties? I've already made one interest earnings withdrawal last year. But wondering if "penalty" by IRS and insurance company for early closure will touch the $70,000.

  2. Hersh Stern:
    Apr 07, 2015 at 12:35 PM

    Hi Chris-

    Sounds like you bought a “deferred” annuity with a 7-year surrender charge period. I’m assuming you paid for your annuity with savings, not IRA or 401k monies. So your annuity is what we call “non-qualified.”

    Since you were able to withdraw the interest easily, it appears your annuity permits penalty-free withdrawals of interest during the 7 years. But you are not yet 59-1/2, so there is a 10% federal tax penalty on the interest you withdrew even though the insurance company was okay about it. Those are two separate issues.

    Regarding whether you can cancel your annuity during the 7 years without penalties I suggest calling the insurance company. Only the company can tell you whether or not the surrender penalty for early withdrawals will invade your original principal or investment amount. Some annuities do and some don’t.

    As far as the IRS is concerned, both regular income taxes and any pre-59-1/2 penalty taxes will only apply to the earnings in your annuity, not to the original after-tax savings you invested.

    Hersh

  3. Chris:
    Apr 07, 2015 at 04:03 PM

    Thanks so much, that answered it all! Appreciate your thoughts on it. I didn't even realize I was getting an "annuity" at the time, just some 7 year "thing." (yeah, a novice here)

  4. Betty:
    May 21, 2015 at 09:31 AM

    I'm 66 years old and have opted to receive a lump sum pension from the company I worked at for 20+ years. I'm considering rolling over 100% into an IRA to avoid paying the taxes. I would then like to take 60% of IRA and buy a deferred annuity. I'm not looking for a long-term investment. I only need an account for safekeeping and to be able to take out money in an emergency. Will I be taxed on the money I withdraw from the deferred annuity? Do you think this is a good idea? I only have 2 weeks to complete my paperwork with my decision. Please advise at your earliest convenience.

  5. Hersh Stern:
    May 21, 2015 at 09:36 AM

    Hi Betty-

    Even a short term (say, 5 year) multiyear deferred annuity would only allow limited withdrawals without surrender fee penalties or costly market value adjustments. Most deferred annuities only permit removal of the annual interest you earn each year (which could be as little as 2% or 3%). Any withdrawals above that amount would be subject to insurance company penalties. There are a few annuities that allow you to withdraw up to 10% a year penalty-free. Call me and I’ll review available options with you.

    Regarding taxes, any money you withdraw from your IRA or an IRA annuity would be subject to income taxes. There’s simply no way to avoid paying income taxes on money which was contributed by your employer on your behalf and for which no income taxes have been paid yet.

    You can click the following link to read more about taxation in multi-year deferred annuities:

    https://www.immediateannuities.com/taxation-of-annuities/understanding-taxation-fixed-index-multi-year-deferred-annuities.html

    Additionally, it’s important to know that in four years (when you reach age 70-1/2) your annuity IRA and other IRA monies will be obliged to distribute 3%-4% a year to you in order to satisfy the Required Minimum Distribution rules. That money will become taxable income.

    You can read more about Required Minimum Distributions here:

    https://www.immediateannuities.com/required-minimum-distribution/

    Finally, you asked whether buying an annuity is a good idea or not. That really depends on many, many considerations. Since you’re asking, I think you would be best served if you met with a fee-only financial planner to review your financial situation before you make any big decisions about how to allocate this pension money.

    There is a great article which discusses how you can find a financial planner which you can read here:

    https://www.immediateannuities.com/retirement/how-to-find-a-financial-planner.html

    Best regards,

    Hersh

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