What's a good annuity rate in 2026?
Summary
Annuity rates in 2026 vary depending on the product, term length, and insurer, with some fixed annuities offering rates between about 5.25% and 6.30%. When choosing an annuity, it is important to compare the rates along with contract length, insurer financial stability, and how the payments fit into your retirement plan.Key Facts
- Annuities are financial products that provide guaranteed income, often used for retirement planning.
- In 2026, multi-year guaranteed annuities (MYGA) offer rates from 5.25% to 6.30% for terms between 2 and 10 years.
- The highest current 5-year annuity rate is about 6.30%, the highest 3-year is 6.00%, and the highest 10-year is 6.25%.
- Higher advertised rates do not always mean better deals; contract details and guarantee periods affect value.
- Fixed indexed annuities and immediate annuities calculate returns differently, so their “good rates” vary by type.
- Annuities are not insured by the FDIC, so choosing an insurer with strong financial ratings is important.
- Market interest rates and personal retirement goals should be considered when deciding which annuity to buy.
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