What A 20-Year Annuity Really Means
A 20-year annuity is an insurance contract with a twenty-year surrender period . During those twenty years, your money is either growing, paying income, or preparing for future income—depending on the annuity type.
Most “fixed” annuity shopping comes down to two options:
- MYGA for a guaranteed rate over the full term
- Period certain annuity for a guaranteed income stream that lasts exactly twenty years, then stops
Why do people choose twenty years?
- Often used for long-range retirement income planning
- Creates a predictable income bridge for a longer window
- Can pair well with other retirement income sources to stabilize cash flow
Compare The Highest 20-Year MYGA Annuity Rates
Explore 20-year MYGA rates with The Annuity Expert, where interest grows tax-deferred, and the rate is contractually guaranteed for the full term. Most MYGAs are built for people who want a predictable return and the option to take a lump sum at the end of the term (your premium plus earned interest).
While 20-year MYGAs offer excellent long-term stability, locking your money away for two decades is a massive commitment. If you realize 20 years is too long, we recommend comparing them against the best fixed annuity rates to explore 3, 5, 7, and 10-year terms.
| Insurance Company | Product Name | Guaranteed APY | A.M Best Rating | Annual Liquidity |
|---|---|---|---|---|
| Atlantic Coast Life | Safe Haven Bonus | 5.90% | C+ | 0% |
| Atlantic Coast Life | Safe Harbor Bonus | 5.90% | C+ | 0% |
Editor’s Note: Given Atlantic Coast Life’s recent financial situation and downgrade to a C+, we would not recommend this product to anyone.
20-Year Period Certain Annuity Rates
How it works: A 20-year period certain annuity pays income for exactly twenty years. It does not provide a lifetime income. Payments are contractually guaranteed for the fixed period, after which they stop. If the annuitant dies before the term ends, the beneficiaries receive the remaining scheduled payouts.
20-year payout rate: 7.50% (annual payout rate for the twenty-year term)
Example: A $100,000 period certain annuity would pay roughly $7,500 per year for twenty years, then stop.
| Premium Deposit | Annual Payout | Monthly Payout | Total 20-Year Payout |
| $100,000 | $7,500 | $625.00 | $150,000 |
| $250,000 | $18,750 | $1,562.50 | $375,000 |
| $500,000 | $37,500 | $3,125.00 | $750,000 |
| $1,000,000 | $75,000 | $6,250.00 | $1,500,000 |
Request a custom quote below. Rates change weekly.
While a 20-year period certain annuity offers incredible stability, a flat payout will lose significant purchasing power over two decades due to inflation. If you need your income to grow over time, or if you need it to last for your entire life, we highly recommend comparing this strategy against a Fixed Index Annuity with a Guaranteed Lifetime Withdrawal Benefit (GLWB).
Why Use A Broker To Compare 20-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 20-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)
- 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 20-Year Annuity?
Good fit for:
- People who want stable, predictable planning over a long time horizon
- Retirees who want to create a long income bridge (without needing lifetime income)
- Savers who want a longer-term “safe bucket” to balance other assets
- Anyone who values principal protection and contract certainty
Not a good fit for:
- Anyone who needs high liquidity over the next 20 years
- People who expect major purchases or large withdrawals soon
- Investors who want flexibility to change strategies frequently
What Types of Funds Can Be Used?
We help you fund your 20-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 20-year rate options and contract features
- Select your plan: Choose the MYGA 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 and beneficiary details
Book a Call Today
Book a call with our team to find the best 20-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.
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