Guaranteed annuity
A fixed rate for a defined term.
Compare carrier rates and terms for savings you can commit. Check the cost of early access.
Compare first. Apply when you’re ready.
Email and phone are required to continue. No obligation to apply.
Rates, available terms, surrender charges, and product availability vary by carrier and state and can change at any time. Comparing rates does not guarantee that a contract will be issued. Annuities are not bank products and are not FDIC insured.
Explore both paths.
One contract. Two paths.
Hold through the term
Review renewal or withdrawal options
Withdraw early
Check allowances, charges and adjustments
Review your choices when the term ends
Check renewal and withdrawal options in the contract.
Read the video transcript and visual explanation
Imagine setting aside money you won't need for several years. A fixed annuity credits interest under the insurer's contract. Now picture two paths. Leave the money for the contract term, then review renewal or withdrawal options. Or take money out early. With an early withdrawal, check any free-withdrawal allowance, surrender charge, and other adjustments. Taxes may also apply. The rate alone is not the decision. Keep emergency needs in mind and compare the access rules. Guarantees depend on the insurer. Annuities are not FDIC insured.
Money moves into an insurer contract. Two paths show leaving money for the contract term or withdrawing early. The early-withdrawal path shows that charges, adjustments and taxes can reduce the amount received. Coin sizes are a concept only, not a fee estimate. Check any free-withdrawal allowance and keep emergency needs in mind. Contract and surrender rules apply. Annuities are not FDIC insured; guarantees depend on the issuing insurer.
An annuity may fit when...
- You have savings you will not need for several years
- You want a rate that is set in the contract, not one that moves
- You want a bank-CD-like shape with a longer term
- You are saving for retirement rather than insuring a death
Trying to protect your family from a loss of income rather than grow savings? That is life insurance, not an annuity.
Compare life insurance insteadCompare and apply online
Answer a few questions
Choose your state, amount and term.
Compare carrier rates
Review available rates and terms. No medical underwriting.
Apply online
E-sign the carrier application. The carrier confirms and issues the contract.
A quoted rate is the carrier’s current declaration, not an offer of a contract. The rate you receive is the one in the contract the carrier issues.
The rate is only part of the decision
A rate fixed by contract
The issuing carrier sets the rate for your selected term.
A term you choose
Early withdrawals may carry surrender charges.
Taxes deferred until withdrawal
Interest is generally taxable when withdrawn. Ask your tax advisor.
Backed by the issuing carrier
Depends on the carrier’s claims-paying ability. Not FDIC insured.
Read the policy details
- A rate fixed by contract
- The carrier declares an interest rate and guarantees it for the whole term you select. It is stated in the contract rather than tracked to a market.
- A term you choose
- Terms are commonly offered in a range of lengths. Which terms and rates you can access depends on the carrier, your state, and the amount you place.
- Taxes deferred until withdrawal
- Interest accumulates inside the contract and is generally taxed when you take it out. MedaSynq does not give tax advice; ask your own tax advisor how it applies to you.
- Backed by the issuing carrier
- An annuity is a contract with the insurance company that issues it, so its guarantees depend on that carrier's ability to pay claims. It is not a bank product and is not FDIC insured.
Common questions
Questions people ask before they apply
What is a multi-year guaranteed annuity?
It is a fixed annuity contract with an insurance company. You place a lump sum, the carrier credits a guaranteed interest rate for a stated number of years, and at the end of the term you can withdraw the money, renew, or move it to another contract. The rate and the term are written in the contract.
How is it different from a bank CD?
The shape is similar — a fixed rate for a fixed term — but an annuity is issued by an insurance company, not a bank, and is not FDIC insured. Its guarantees rest on the issuing carrier's claims-paying ability. Annuity interest is also generally tax-deferred until withdrawal, while CD interest is normally taxed each year.
Can I get my money out early?
Usually yes, but it can cost you. Most contracts allow a limited withdrawal each year without charge and apply a surrender charge above that, often on a schedule that declines over the term. Withdrawals of interest before age 59½ may also carry an IRS penalty. Read the withdrawal and surrender provisions before you apply.
Is there a medical exam or health questions?
No. An annuity is not underwritten for health the way life insurance is, because it is not paying a death benefit on your health. The carrier still verifies identity and the source of funds, and some contracts have issue-age limits.
Which carriers and rates will I see?
Whichever carriers are available for your state, amount, and term at the moment you run the comparison. Annuity rates are redeclared frequently, so we publish no rate on this page — the comparison shows the live ones, and the carrier's contract governs.
Do I have to talk to anyone?
No. You can compare rates and complete the carrier's application online from start to finish. A licensed agent is available by phone if you would rather have the contract explained first.
See the rates available to you.
Compare rates, terms and withdrawal rules for your state.
Compare rates & applyWould rather have the contract explained first? Call (877) 346-6657.
Other coverage
Protecting people, not just savings?
Every option below can be started online.