In 2022, MYGA rates were so-so, barely keeping up with inflation:
- 3-year MYGA: ~2.50%
- 5-year MYGA: ~3.15%
- 7-year MYGA: ~3.20%
- 10-year MYGA: ~3.25%
At the time, these rates were competitive compared to bank CDs, but nothing to get overly excited about.
Now, in 2025, things are completely different. The latest MYGA rates look like this:
- 3-year MYGA: 5.50%
- 5-year MYGA: 5.66%
- 7-year MYGA: 5.55%
- 10-year MYGA: 5.65%
That’s nearly double what was available just three years ago! If you’re a retiree looking for safe, predictable growth, these numbers should have your attention.
Why Are MYGA Rates So High Right Now?
There are a few big reasons why MYGA rates have surged:
- Higher Interest Rates – The Federal Reserve raised interest rates to combat inflation, which means insurance companies must offer better yields to stay competitive.
- Market Volatility – With so much uncertainty in the stock market, many people want a safe, guaranteed return. MYGAs are a perfect alternative to risky equities.
- Insurance Companies Competing for Your Business – More competition means higher payouts for you.
Why NOW Is the Time to Lock In These Rates
Here’s the thing: this window won’t stay open forever.
Interest rates may have peaked, and when they start coming back down, so will MYGA rates. Waiting could mean missing out on one of the best guaranteed returns we’ve seen in decades.
If you’re sitting on cash, rolling over an old CD, or looking to secure part of your retirement savings with a guaranteed interest rate, locking in a MYGA now is a smart move.
Final Thoughts – Don’t Wait Too Long
MYGAs are a fantastic tool for anyone who wants safe, predictable growth without worrying about stock market crashes, recessions, or low CD rates.
With rates north of 5.50%, these annuities are giving retirees an opportunity to lock in strong, guaranteed returns that might not be around much longer.Don’t let this opportunity pass you by. The time to act is now.
Many people have learned about the power of the Safe Money approach to reducing volatility. Our Safe Money Guide, now in its 20th edition, is available for free.
It is an Instant Download. Here is a link to download our guide:
