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Looking for the best MYGA companies? The best company depends on the term, deposit amount, and rates available in your state. No single carrier has the highest rate for every term. Insurance Geek compares 30+ highly rated carriers to find the strongest combination of rate and financial strength for your needs. Here are the MYGA companies worth comparing today.
Key Takeaways
2-year leader. CL Life Sundance 2 at 5.15% ($20,000+)
3-year leader. Revol One DirectGrowth 3 at 5.85% — ties Wichita Security 3
4-year leader. Oceanview Harbourview 4 Mid Band at 5.60% ($70,000+)
5-year leader. Wichita National Security 5 at 6.25% — the short-to-mid headline
7- and 10-year. Revol One DirectGrowth leads both (6.15% and 6.25%)
We shop it. Insurance Geek compares 30+ highly rated carriers in your state — not one company's rate sheet
| Term | Best company | Product | Guaranteed rate | Min premium |
|---|---|---|---|---|
| 2 years | CL Life | CL Sundance 2 | 5.15% | $20,000+ |
| 3 years | Revol One | DirectGrowth 3 | 5.85% | $10,000+ |
| 4 years | Oceanview Life | Harbourview 4 Mid Band | 5.60% | $70,000+ |
| 5 years | Wichita National | Security 5 | 6.25% | $10,000+ |
| 6 years | American Gulf | Anchor MYGA 6 | 6.00% | $10,000+ |
| 7 years | Revol One | DirectGrowth 7 | 6.15% | $10,000+ |
| 10 years | Revol One | DirectGrowth 10 | 6.25% | $10,000+ |
Published guaranteed rates from carrier rate sheets verified August 31, 2026. Full carrier grid: top MYGA rates.
Best 2-Year MYGA: CL Life
- Guaranteed rate
- 5.15%
- A.M. Best
- B++
- Min premium
- $20,000+
- Leads the 2-year board — everyone else on this term sits at 5.05%–5.10%
- Shortest standard lock on the sheet if you do not want a five-year box
- B++ — fine for a two-year hold; still confirm state approval
CL Life holds the 2-year slot. If you want the MYGA yield without a long surrender schedule, this is the first illustration we run.
Axonic, GBU, and Oceanview sit 5–10 basis points back. On $100,000 that is $50–$100 less credited in year one. Take CL if the product is approved in your state; otherwise we step to the next name on the 2-year board.
When the 2-year fits
Money you will want back in two years. CD replacement with a short box. Not the play if you can hold five years — Wichita's 5-year pays a full point more.
Pros
- Highest published 2-year guarantee
- Short surrender window
- Clear number — no bonus games
Cons
- B++ — not an A-tier balance sheet
- Leaves yield on the table vs. 5-year leaders
- $20,000 minimum
Best 3-Year MYGA: Revol One
- Guaranteed rate
- 5.85%
- A.M. Best
- B++
- Min premium
- $10,000+
- Ties Wichita Security 3 at 5.85% — Revol One is listed first on the sheet
- Jumped 30 basis points from the August board to take the tie
- Same chassis leads 7- and 10-year this cycle — we already have them illustrated
Revol One and Wichita both print 5.85% on three years. We lead with Revol One because that is how the September sheet ranks them. Wichita is the backup if Revol One is not approved or you already hold them and want a second carrier.
Heartland sits at 5.80%. That 5 basis points is $50 a year on $100,000. Not a reason to ignore a better rating or a cleaner withdrawal provision — a reason to make us show both.
When the 3-year fits
You want more than a 2-year lock and you are not ready to sit five. Ladder rungs. Money earmarked for a known date about three years out.
Pros
- Tied for the highest 3-year rate
- $10,000 entry
- Same carrier you may already be quoting on 7- and 10-year
Cons
- B++
- Wichita matches the rate — shop both
- Enhanced death benefit and free-partial versions credit less
Best 4-Year MYGA: Oceanview Life
- Guaranteed rate
- 5.60%
- A.M. Best
- A
- Min premium
- $70,000+
- Only A-rated name that leads a term on this sheet
- Mid and high bands both credit 5.60% — $70,000 opens the mid band
- Oxford Multi-Select 4 is next at 5.50% if you are under the Oceanview minimum
Oceanview is the 4-year answer — and the strength answer on this list. An A rating at the top of a term is rare on this board. The catch is the band: $70,000 to get in.
Under that, Oxford at 5.50% ($20,000+) is the next call. Nationwide Secure Growth 4 High Band sits at 5.35% and wants $100,000. We run all three. A 10 basis point gap on $50,000 is $50 a year — not enough to force a band you cannot fund.
When the 4-year fits
You have at least $70,000 and want an A-rated lock that is not a five-year box. Or you are laddering a 3 and a 4 so something opens every year.
Pros
- Highest 4-year guarantee
- A-rated issuer
- Same rate on mid and high bands
Cons
- $70,000 mid-band minimum
- 4-year yield still trails the 5-year headline
- State approvals vary
Best 5-Year MYGA: Wichita National
- Guaranteed rate
- 6.25%
- A.M. Best
- B+
- Min premium
- $10,000+
- Highest 5-year guarantee on the sheet — still the mid-term headline
- Matches Revol One's 10-year rate with five fewer years of surrender
- Rider versions (10% free withdrawal, enhanced death benefit) drop to 6.10%
Wichita still owns five years. This is the term most people should start with. Revol One's 10-year also prints 6.25% — same rate, five extra years you cannot touch without a charge. Unless you have a reason to lock a decade, take the five.
Revol One DirectGrowth 5 is 6.15%. That 10 basis points is $100 a year on $100,000, $250 on $250,000, locked for the term. We still show both when rating or state approval knocks Wichita out.
When the 5-year fits
Default term. CD replacement with a real rate gap. First rung of a ladder next to a 2- or 3-year.
Pros
- Highest 5-year rate on the board
- Same 6.25% as the 10-year leader without the extra lock
- $10,000 minimum
Cons
- B+ — size the position against state guaranty limits
- Riders cut the rate
- Confirm availability before you assume the headline
Best 6-Year MYGA: American Gulf
- Guaranteed rate
- 6.00%
- A.M. Best
- B++
- Min premium
- $10,000+
- Only term American Gulf still leads — they dropped off the 5-year top five
- Oxford Multi-Select 6 is next at 5.85%
- Six years pays less than Wichita's five — do not stretch a year for a lower rate
American Gulf leads six years at 6.00%. That is 25 basis points behind Wichita's five-year. Stretching to six to "get more years of guarantee" costs you yield this cycle. We only put money here if five is unavailable or you have a six-year date that actually matters.
When the 6-year fits
A known six-year need. Or five-year products are not approved and this is the next clean lock. Not a default.
Pros
- Highest 6-year guarantee
- $10,000 entry
- Simple product vs. bonus-heavy illustrations
Cons
- Pays less than the 5-year leader
- B++
- No longer leading 5- or 7-year
Best 7-Year MYGA: Revol One
- Guaranteed rate
- 6.15%
- A.M. Best
- B++
- Min premium
- $10,000+
- Took the 7-year lead from Heartland this cycle
- Heartland and Wichita sit at 6.10% — close enough to shop on terms, not just rate
- Enhanced death benefit and free-partial versions credit 6.05%
Revol One took seven years. Heartland and Wichita are 5 basis points back. We illustrate all three. The 5 basis points is $50 a year on $100,000 — we will not pretend that overrides a withdrawal provision or a state that will not issue Revol One.
Seven years pays 10 basis points less than Wichita's five. You are paying with time, not earning more. Take seven when the money cannot come due at year five.
When the 7-year fits
You can sit past five and you want the next standard lock. Not because the number is higher — it is not.
Pros
- Highest 7-year guarantee
- Same carrier as the 3- and 10-year leaders
- $10,000 minimum
Cons
- Trails the 5-year headline on yield
- B++ on a longer box
- Heartland and Wichita are close enough to compare
Best 10-Year MYGA: Revol One
- Guaranteed rate
- 6.25%
- A.M. Best
- B++
- Min premium
- $10,000+
- Matches Wichita's 5-year rate — you do not get paid extra for the extra five years
- Heartland Secure Rate Pro 10 is 6.15%; rider versions of DirectGrowth 10 also sit at 6.15%
- Longest box on the sheet — rating and guaranty limits matter more here than on a 2-year
Revol One leads ten years at the same 6.25% Wichita pays for five. That is the tell. A decade lock that does not beat a five-year rate is a liquidity decision, not a yield decision.
If you still want ten years — known horizon, you will not touch it — we run Revol One first, then Heartland and American Century. We also size the position. B++ for ten years is a different conversation than B++ for two.
Expert Tip: Same 6.25% at 5 and 10 years is the tell
If 10-year and 5-year print the same guaranteed rate, you are not getting paid to lock the extra five years. Take the shorter box unless the money truly cannot come due. We show both illustrations so you see the surrender years you are buying.
—Brad Cummins, Insurance Geek Founder
When the 10-year fits
You will not need the money. You understand you are matching the 5-year rate, not beating it. You have sized the check against the rating and your state's guaranty limit.
Pros
- Highest 10-year guarantee
- Matches the 5-year headline rate
- $10,000 entry
Cons
- No yield premium vs. a 5-year lock
- B++ for a decade
- Surrender schedule is the real cost
What we still check besides the rate
The number on the sheet is the start. We still read AM Best, free-withdrawal rules, MVA, minimum renewal rate, and whether the product is actually approved in your state. Contract mechanics live on how annuities work. Withdrawals are ordinary income — read how annuities are taxed before you move the money. A B+ or B++ carrier is a different conversation at 10 years than at 2. State guaranty association limits — often $250,000 per insurer — cap how large we write at one name.
We run the same process across annuity companies and the rest of the annuity rates board. If you are still choosing a product type, start at annuities.
That is the job. We have the board. You pick the term. We tell you who pays the most and whether that contract is the one you should fund.
Who this is not for
MYGAs are the wrong tool if you need the money before the surrender schedule ends, you want index upside, or you need a check next month. Use a fixed indexed annuity for a floor-plus-upside story — then best FIA companies if you are picking a carrier. Use a SPIA for income now, and best SPIA companies for who pays the most on that design. Want cash value and a death benefit instead of a guaranteed term rate? That is indexed universal life, not a MYGA.
The annuities vs CDs comparison is the one most people need before they wire anything. Qualified dollars need a different path — 401(k) rollover to an annuity if you are moving a plan, or annuities vs 401(k) if you are still deciding whether to leave the money where it is.
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Find the MYGA carrier that fits your rate and timeline.
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Get My RateAbout Brad Cummins
Brad Cummins is the founder of Insurance Geek and primary author of its educational content. Licensed since 2004, he brings over 21 years of experience structuring life insurance and IUL strategies for clients nationwide.
Fact checked by Ryan Wood
Ryan Wood is a licensed insurance professional and contributing advisor at Insurance Geek, serving as a fact checker and technical reviewer for life insurance and annuity content. First licensed in 2013, he brings more than 12 years of experience and holds licenses in over 40 U.S. states.
