If you’ve been asking yourself, “Where can I safely earn 5% to 6% without risking the stock market?” you’re not alone.
In April 2026, Multi-Year Guaranteed Annuities (MYGAs) are becoming one of the most attractive options for conservative investors, retirees, and anyone sitting on cash earning very little at the bank.
A MYGA is often compared to a CD, but it comes from an insurance company instead of a bank. In many cases, it offers higher fixed rates, tax-deferred growth, and protection from market loss.
What Is a MYGA?
A Multi-Year Guaranteed Annuity gives you a fixed interest rate for a set number of years. Your money grows at a guaranteed rate, and you do not have to worry about stock market ups and downs.
MYGAs are popular with people who want:
- Guaranteed growth
- No market risk
- Tax-deferred accumulation
- A predictable option for retirement planning
Top MYGA Rates for April 2026
Below are some of the top multi-year guaranteed annuity rates for April 2026. Rates can change at any time and may vary by state.
2 Year MYGA Rates
| Carrier | AM Best | Guarantee Period | Rate | Age Range | Minimum Premium | Qualified / Non-Qualified |
|---|---|---|---|---|---|---|
| Axonic Waypoint | A- | 2 Years | 5.00%* | 0-89 | $100,000 | Q & NQ |
3 Year MYGA Rates
| Carrier | AM Best | Guarantee Period | Rate | Age Range | Minimum Premium | Qualified / Non-Qualified |
|---|---|---|---|---|---|---|
| Farmers Life Safeguard Plus | B++ | 3 Years | 5.65% | 18-95 | $10,000 | Q & NQ |
| Heartland National Secure Rate | B++ | 3 Years | 5.50% | 0-90 | $5,000 | Q & NQ |
| Axonic Waypoint | A- | 3 Years | 5.40%* | 0-89 | $100,000 | Q & NQ |
| ELCO Mutual Guardian Eagle | B++ | 3 Years | 5.15% | 0-90 | $5,000 Q / $10,000 NQ | Q & NQ |
| Talcott Financial EverStead | A- | 3 Years | 4.95%* | 0-85 | $500,000 | Q & NQ |
5 Year MYGA Rates
| Carrier | AM Best | Guarantee Period | Rate | Age Range | Minimum Premium | Qualified / Non-Qualified |
|---|---|---|---|---|---|---|
| Farmers Life Safeguard Plus | B++ | 5 Years | 6.00% | 18-95 | $10,000 | Q & NQ |
| Heartland National Secure Rate | B++ | 5 Years | 5.90% | 0-90 | $5,000 | Q & NQ |
| Axonic Waypoint | A- | 5 Years | 5.65%* | 0-89 | $100,000 | Q & NQ |
| ELCO Mutual Guardian Eagle | B++ | 5 Years | 5.40% | 0-90 | $5,000 Q / $10,000 NQ | Q & NQ |
| Talcott Financial EverStead | A- | 5 Years | 5.20%* | 0-85 | $500,000 | Q & NQ |
6 Year MYGA Rates
| Carrier | AM Best | Guarantee Period | Rate | Age Range | Minimum Premium | Qualified / Non-Qualified |
|---|---|---|---|---|---|---|
| Oxford Life Multi-Select | A | 6 Years | 5.55% | 18-85 | $20,000 | Q & NQ |
7 Year MYGA Rates
| Carrier | AM Best | Guarantee Period | Rate | Age Range | Minimum Premium | Qualified / Non-Qualified |
|---|---|---|---|---|---|---|
| Farmers Life Safeguard Plus | B++ | 7 Years | 5.95% | 18-90 | $10,000 | Q & NQ |
| Heartland National Secure Rate | B++ | 7 Years | 5.95% | 0-90 | $5,000 | Q & NQ |
| Axonic Waypoint | A- | 7 Years | 5.50%* | 0-89 | $100,000 | Q & NQ |
| Oxford Life Multi-Select | A | 7 Years | 5.45% | 18-85 | $20,000 | Q & NQ |
| Talcott Financial EverStead | A- | 7 Years | 5.30%* | 0-85 | $500,000 | Q & NQ |
10 Year MYGA Rates
| Carrier | AM Best | Guarantee Period | Rate | Age Range | Minimum Premium | Qualified / Non-Qualified |
|---|---|---|---|---|---|---|
| Farmers Life Safeguard Plus | B++ | 10 Years | 6.05% | 18-90 | $10,000 | Q & NQ |
| Heartland National Secure Rate | B++ | 10 Years | 6.00% | 0-90 | $5,000 | Q & NQ |
| Axonic Waypoint | A- | 10 Years | 5.50%* | 0-89 | $100,000 | Q & NQ |
| Oceanview Harbourview | A | 10 Years | 5.45%* | 0-84 | $70,000 | Q & NQ |
| EquiTrust Certainty Select | B++ | 10 Years | 5.30% | 0-90 | $10,000 | Q & NQ |
Why MYGAs Are Popular in 2026
Many people want a safer place for their retirement money right now. With stock market uncertainty and bank rates that may not stay high forever, MYGAs are getting a lot of attention.
Here are a few reasons:
- Guaranteed fixed interest rate for the full term
- No direct market exposure
- Tax-deferred growth until withdrawal
- Strong rates compared to many CDs and savings accounts
- Simple structure for conservative investors
Who Should Consider a MYGA?
A MYGA may make sense if you are:
- Near retirement or already retired
- Looking for a safe money option
- Concerned about stock market volatility
- Holding cash in low-paying accounts
- Trying to diversify part of your retirement savings
Things to Know Before Buying a MYGA
MYGAs can be a strong option, but they are not one-size-fits-all. Before buying, it is important to understand:
- Surrender charges may apply if you take out too much too early
- Rates can vary by state
- Some carriers require larger minimum deposits for top-band rates
- You should review both the rate and the company strength
Final Thoughts on April 2026 MYGA Rates
If you are looking for a safe money strategy in April 2026, MYGAs deserve a close look. Today’s top rates are still attractive, with several options around 5.50% to 6.05% depending on term, age, premium, and state availability.
The key is not just finding a high rate. It is finding the right balance between company quality, term length, liquidity needs, and your overall retirement plan.
Rates are subject to change and may vary by state. High-band rates listed where applicable. Mid-band and low-band rates may also be available. Call for current rates and minimum premium details.
Want Help Comparing MYGA Rates?
Mintco Financial helps clients compare annuity options nationwide. We can help you review available MYGA rates, explain the differences, and see what fits your goals.