What A 2-Year Annuity Really Means
A 2-year annuity is an insurance contract with a two-year surrender period . During those two years, your money is either growing, paying income, or setting up future income—depending on the annuity type.
Most “fixed” annuity shopping comes down to three options:
- MYGA for a guaranteed rate over the full term
- Fixed indexed annuity (FIA) for index-linked growth potential with no market-loss risk
- Period certain annuity for a guaranteed income stream that lasts exactly two years, then stops
Why do people choose two years?
- Maximum flexibility while still locking a contract term
- Great for parking money short-term while waiting on rates, a home purchase, or a retirement decision
- Let’s you re-shop quickly if the market changes
Compare The Highest 2-Year MYGA Annuity Rates
Explore 2-year MYGA rates with The Annuity Expert, where interest grows tax-deferred, and the rate is contractually guaranteed for the full term. Most 2-year MYGAs are built for people who want a predictable, safe return and the option to walk away with a lump sum at the end of the term.
While 2-year MYGAs offer excellent short-term flexibility, locking into a longer term often yields higher payouts. If you want to see if a longer commitment pays more, we recommend comparing these against the best fixed annuity rates to explore all other terms.
| Insurance Company | Product Name | Guaranteed APY | A.M Best Rating | Annual Liquidity |
|---|---|---|---|---|
| Oceanview | Harbourview | 5.15% | A- | 10% |
| CL Life and Annuity | CL Sundance | 5.15% | B++ | Interest Only |
2-Year Period Certain Annuity Rates
How it works: In most cases, there are no true 2-year period certain annuities offered in the market. Period certain contracts are typically designed for longer income windows, not ultra-short terms.
What to do instead: If your goal is a 2-year timeline, most people are better served by a 2-year MYGA with penalty-free withdrawals (within the contract’s free withdrawal allowance). This can give you growth potential with more access than an income-only structure.
Request a custom quote below. Rates change weekly.
2-Year Fixed Indexed Annuity (FIA) Rates
How it works: A 2-year FIA credits interest based on the performance of a market index (like the S&P 500), with protection when the index is down. You can earn interest when the index rises (subject to caps, participation rates, or spreads), and you don’t take market-loss hits in negative years.
- Axonic Waypoint: 5.00%
- Oceanview Harbourview 2: 4.80%
Why Use A Broker To Compare 2-Year Rates?
Comparing rates ensures you secure the highest payouts and best interest rates available, ultimately maximizing your investment’s growth. Different annuity providers offer varied rates, so finding the right plan with affordable coverage that’s worth it is essential.
As an annuity broker, The Annuity Expert shops over 100+ insurers to find the best 2-year annuity rates for your specific needs. We don’t work for the insurance companies—we work for you.
Here’s what we provide at no cost:
- Side-by-side rate shopping across carriers
- Help choosing based on goals (lump sum vs. income vs. growth potential)
- A plain-language walkthrough of surrender charges, liquidity, and fine print
- Guidance on IRA/401(k) rollovers vs. non-qualified funding
Who Should Use a 2-Year Annuity?
Good fit for:
- People who want a safe place for cash with a short commitment
- Savers who may need the money soon but still want contractually defined terms
- Anyone comparing options against CDs or money markets, especially when tax-deferral helps
- People planning a short “step” in a longer ladder strategy
Not a good fit for:
- Anyone who needs full access immediately (even short-term users have surrender rules)
- Investors who want uncapped market upside
- People who need a long runway for index-crediting strategies
What Types of Funds Can Be Used?
We help you fund your 2-year annuity using:
- ✔ Traditional IRAs
- ✔ Roth IRAs
- ✔ 401(k), 403(b), TSP, or other employer retirement plan rollovers
- ✔ 1035 exchange from an existing annuity
- ✔ Non-qualified (after-tax) savings or investment cash
Step-by-Step Application Process
- Research and comparison: Review 2-year rate options and contract features
- Select your plan: Choose the MYGA, FIA, or period certain structure that matches your goal
- Submit application: Apply online or by phone with help from our team
- Transfer/rollover funds: Move money from a bank or roll over retirement assets (when applicable)
- Review and finalize: Confirm your term, rate/crediting, and beneficiary details
Book a Call Today
Book a call with our team to find the best 2-year rates for your plan. Shop, compare, and lock in a strategy that matches your timeline and liquidity needs.
If you want help right away, call 770-755-1565 to request quotes and side-by-side comparisons or speak to a broker.
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