Compare The Highest CD Annuity Rates.
CD annuities, or MYGAs (multi-year guaranteed annuities), offer a secure way to grow your savings over a chosen term, ranging from 2 years to 20 years. With CD annuities, interest grows tax-deferred, allowing your investment to accumulate without immediate tax obligations. Once the term ends, you can walk away with your initial investment and the interest earned in a lump sum, making it a safe, effective choice for guaranteed growth.
Why Compare CD Annuity Rates?
Finding the best CD annuity rate is essential for maximizing your return. Here’s why:
- Terms to Suit Your Goals: Choose terms from 2 to 20 years based on your financial needs.
- Affordable & Worthwhile: CD annuities provide tax advantages and guaranteed returns, making them worth it for retirement planning.
- Penalty-Free Withdrawals: Unlike traditional CDs, most CD annuities offer a penalty-free withdrawal option each year for added flexibility.
- Highest Payouts & Competitive Rates: By comparing rates, you ensure you’re getting the highest payouts and best returns.
- Flexible Transfers or Rollovers: You can transfer or rollover funds from other retirement accounts to start or contribute over time.
Our advisors provide free comparisons and guidance, making it easy to find the best options for you.
What We Do For You
CD annuities—also known as multi-year guaranteed annuities (MYGAs)—offer guaranteed interest rates for a set period, just like bank CDs. But unlike traditional CDs, annuities offer tax-deferred growth, often higher rates, and broader funding flexibility. As an annuity broker, we shop over 50+ top-rated insurers to find you the highest fixed rate available based on your goals and timeline.
Our service is free. We get paid by the insurer, not you.
Scenario
You want to lock in a guaranteed rate on your savings without market risk. You’ve considered CDs, but the rates are too low or too short-term. You want a better return and potentially defer taxes—without taking on any risk. You’re not looking for market exposure, but you also don’t want to leave money in a low-yield savings account.
Solutions We Compare
✔ 2–10 Year CD Annuities (MYGAs)
Up to 6%+ Guaranteed Interest (as of 2025)
We compare MYGAs by term length and payout structure. Each term guarantees a fixed rate—ideal for short- to mid-term goals.
Pros:
✔ Higher interest than most CDs or savings accounts
✔ Tax-deferred growth
✔ No fees if held to maturity
✔ Can name a beneficiary—avoids probate
Cons:
✘ Early withdrawal penalties if surrendered before maturity
✘ Limited liquidity—typically 10% free withdrawal annually
Who Needs It:
- Retirees seeking safe growth
- Pre-retirees planning around upcoming income gaps
- Savers dissatisfied with low bank CD yields
Who Doesn’t:
- Anyone who needs full liquidity
- Investors comfortable with market risk
Also Consider:
- Laddering annuity terms for rolling liquidity
- Using a portion of IRA or 401(k) funds via direct transfer (no tax now)
What Type of Funds Are Accepted?
You can fund a CD annuity with:
- Non-qualified savings (cash or bank funds)
- IRA rollovers (Traditional, SEP, SIMPLE IRAs)
- 401(k)/403(b) rollovers
- Inherited IRA funds
We help you choose the right carrier depending on your source of funds and whether you’re looking to defer RMDs or keep flexibility.
Why Use a Broker Instead of Going Direct?
Most top annuity companies require using a licensed agent to get a quote—many don’t sell direct to consumers. As your broker, we:
- Shop over 50+ insurance companies
- Get you the highest rate based on your age, state, and funding type
- Handle all paperwork
- Help compare surrender charges, renewal terms, and free withdrawal provisions
- Never charge you a fee
When Annuities Beat Bank CDs
| Feature | CD Annuity | Bank CD |
|---|---|---|
| Tax Deferral | ✔ Yes | ✘ No |
| Interest Rates | ✔ Higher (often 1–2% more) | ✘ Lower |
| Probate Avoidance | ✔ Yes | ✘ No |
| Surrender Charges | ✔ Yes, but optional withdrawal allowances | ✔ Yes |
CD Annuity Application Process (Step-by-Step)
- Choose Your Term & Rate: Select terms ranging from 2 to 20 years and find the highest interest rates.
- Apply Online or by Phone: Start the application online or call to speak with one of our brokers for assistance.
- Transfer or Fund Your Annuity: Contribute funds directly or transfer/roll over from an existing retirement account.
- Review & Confirm: Our advisors will help you finalize details to ensure your plan suits your financial goals.
- Manage or Withdraw: Enjoy tax-deferred growth, penalty-free annual withdrawals, and the option to walk away with your full investment plus interest after your term ends.
Book a Call Today
With the largest selection of annuity products in the United States, our service is free of charge, no-obligation, and geared to help you shop, compare, and secure the best plan. Our affordable coverage and brokers ensure you get the highest possible value with each annuity.
Book a Call today to discuss your goals and find the best CD annuity rates.