If you’re a Pennsylvania retiree or pre-retiree looking for guaranteed growth without direct stock market risk, Multi-Year Guaranteed Annuities (MYGAs) continue to attract attention in 2026.
With many retirees concerned about market volatility and looking for alternatives to CDs, MYGAs can provide fixed rates, principal protection, and tax-deferred growth.
Unlike some traditional fixed annuities, a MYGA guarantees your interest rate for the entire contract period. That means if you lock in a 5-year MYGA at 6.00%, that rate remains fixed for all five years, regardless of what happens to interest rates.
Current Top 3-Year MYGA Rates in Pennsylvania
| Company | Product | Rating | Term | Rate | Age Range | Minimum Premium |
|---|---|---|---|---|---|---|
| Farmers Life | Safeguard Plus | B++ | 3 Years | 5.65% | 18–95 | $10k Q & NQ |
| Axonic | Waypoint | A- | 3 Years | 5.45%* | 0–89 | $100k Q & NQ |
| Heartland National | Secure Rate | B++ | 3 Years | 5.40% | 0–90 | $5k Q & NQ |
| ELCO Mutual | Guardian Eagle | B++ | 3 Years | 5.15% | 0–90 | $5k Q / $10k NQ |
| Oceanview | Harbourview | A | 3 Years | 5.05%* | 0–89 | $70k Q & NQ |
Current Top 5-Year MYGA Rates in Pennsylvania
| Company | Product | Rating | Term | Rate | Age Range | Minimum Premium |
|---|---|---|---|---|---|---|
| Farmers Life | Safeguard Plus | B++ | 5 Years | 6.00% | 18–95 | $10k Q & NQ |
| Heartland National | Secure Rate | B++ | 5 Years | 5.75% | 0–90 | $5k Q & NQ |
| Axonic | Waypoint | A- | 5 Years | 5.70%* | 0–89 | $100k Q & NQ |
| ELCO Mutual | Guardian Eagle | B++ | 5 Years | 5.40% | 0–90 | $5k Q / $10k NQ |
| Sagicor | Milestone Max | A- | 5 Years | 5.40%* | 0–90 | $75k Q & NQ |
Current Top 6-Year MYGA Rates in Pennsylvania
| Company | Product | Rating | Term | Rate | Age Range | Minimum Premium |
|---|---|---|---|---|---|---|
| Oxford Life | Multi-Select | A | 6 Years | 5.55% | 18–85 | $20k Q & NQ |
Current Top 7-Year MYGA Rates in Pennsylvania
| Company | Product | Rating | Term | Rate | Age Range | Minimum Premium |
|---|---|---|---|---|---|---|
| Farmers Life | Safeguard Plus | B++ | 7 Years | 5.95% | 18–90 | $10k Q & NQ |
| Heartland National | Secure Rate | B++ | 7 Years | 5.80% | 0–90 | $5k Q & NQ |
| Axonic | Waypoint | A- | 7 Years | 5.50%* | 0–89 | $100k Q & NQ |
| Oxford Life | Multi-Select | A | 7 Years | 5.45% | 18–85 | $20k Q & NQ |
| Sagicor | Milestone Max | A- | 7 Years | 5.45%* | 0–90 | $75k Q & NQ |
Current Top 10-Year MYGA Rates in Pennsylvania
| Company | Product | Rating | Term | Rate | Age Range | Minimum Premium |
|---|---|---|---|---|---|---|
| Farmers Life | Safeguard Plus | B++ | 10 Years | 6.05% | 18–90 | $10k Q & NQ |
| Heartland National | Secure Rate | B++ | 10 Years | 5.90% | 0–90 | $5k Q & NQ |
| Oceanview | Harbourview | A | 10 Years | 5.65%* | 0–84 | $70k Q & NQ |
| Axonic | Waypoint | A- | 10 Years | 5.50%* | 0–89 | $100k Q & NQ |
| Royal Neighbors | MYGA | A | 10 Years | 5.50%* | 18–85 | $100k Q & NQ |
Why Pennsylvania Retirees Are Looking at MYGAs
Many retirees are searching for alternatives to bank CDs, money market accounts, bond funds, and excess cash sitting in savings accounts.
MYGAs may offer:
- Principal protection
- Guaranteed fixed rates
- Tax-deferred growth
- No direct stock market risk
- Predictable retirement planning
Important Considerations
MYGA annuities are insurance products and are not FDIC insured. Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.
Before purchasing a MYGA, investors should carefully review:
- AM Best ratings
- Financial strength ratings
- Surrender schedules
- Withdrawal provisions
- State guaranty association limits
- Whether the product fits their retirement plan
Looking for Today’s Best MYGA Rates in Pennsylvania?
Rates change frequently. Mintco Financial can help you compare MYGA options, terms, ratings, and surrender periods from multiple insurance companies.
Call 716-565-1300
Request Current Rates
Disclosure
Rates shown are for educational and informational purposes only and may change at any time. Availability may vary by state, age, premium amount, qualification type, and carrier guidelines. MYGA annuities are not FDIC insured. Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Withdrawals may be subject to surrender charges, taxes, and, if taken before age 59½, possible IRS penalties. This is not financial, tax, or legal advice.