Multi Year Guaranteed Annuity in St. Petersburg
Fixed Rates · Better Than CDs · Tax-Deferred Growth
A Multi-Year Guaranteed Annuity (MYGA) is a fixed-rate insurance contract that functions analogously to a bank certificate of deposit. The carrier guarantees a fixed interest rate for a defined surrender period — typically 3, 5, or 7 years — with accumulation occurring on a tax-deferred basis and full insulation from equity market volatility.
MYGA Stats — 2026
- Top 5-yr MYGA rate, Apr 2026
-
5.85%
Top 5-yr MYGA rate, Apr 2026
- Top 7-yr MYGA rate, Apr 2026
-
6.00%
Top 7-yr MYGA rate, Apr 2026
- MYGA growth treatment
-
Tax-Deferred
MYGA growth treatment
- A-rated carriers ACM shops
-
12+
A-rated carriers ACM shops
Sources: LIMRA Q1 2026, AnnuityAdvantage rate survey, ACM internal data.
MYGA Rate & Payout Table — April 2026
Top guaranteed MYGA rates ACM is currently placing across A-rated carriers, with end-of-term value and equivalent compound annual yield on a $250,000 single premium. Tax-deferred — interest is not taxed until distributed.
| Term | Top Rate | $250k Grows To | Total Interest |
|---|---|---|---|
| 3 years | 5.40% | $292,723 | $42,723 |
| 5 years | 5.85% | $332,236 | $82,236 |
| 7 years | 6.00% | $375,932 | $125,932 |
| 10 years | 5.75% | $436,571 | $186,571 |
Rates as of April 2026 and subject to change daily.[1][2] Final issued rate depends on carrier, state of residence, and premium band. Surrender charges apply if withdrawn before term end.
Sources & Methodology
As of April 2026. MYGA rates above reflect the highest-yielding A-rated carrier ACM was actively placing at month-end for a $250,000 single premium in Florida.
- [1] AnnuityRateWatch.com — daily MYGA rate aggregator across 40+ carriers. annuityratewatch.com
- [2] FDIC National Rates and Rate Caps — bank CD comparison. fdic.gov
- [3] AM Best Financial Strength Ratings — carrier solvency benchmarks. ambest.com
- [4] IRS Publication 575 — tax treatment of MYGA distributions. irs.gov/pub575
Safe, Guaranteed Growth
MYGA contracts are well-suited to capital that does not require near-term liquidity but requires principal protection and competitive yield. Current MYGA rates remain at multi-decade highs and consistently exceed comparable-duration bank CD yields.
Why Choose a MYGA
- Guaranteed fixed interest rate over a 3-, 5-, or 7-year term
- Yields generally exceed comparable bank CD rates
- Tax-deferred accumulation — no annual taxation on accrued interest
- Principal contractually guaranteed by the issuing carrier
- Comparative pricing across multiple A-rated carriers
Frequently Asked Questions
What is a multi year guaranteed annuity (MYGA)?
Are MYGA rates better than bank CDs?
What happens when my MYGA term ends?
Is my money safe in a MYGA?
Lock In Today's Top MYGA Rates
Schedule a complimentary 20-minute review to compare current MYGA contracts across A-rated carriers.