Guaranteed annuity
A multi-year guaranteed annuity is money you set aside with an insurance company at a rate written into the contract, for a term you choose. Compare the rates available in your state, then apply online. No health questions, no medical exam, and no appointment.
Rates, available terms, surrender charges, and product availability vary by carrier and state and can change at any time. Comparing rates does not guarantee that a contract will be issued. Annuities are not bank products and are not FDIC insured.
Start with the need
Trying to protect your family from a loss of income rather than grow savings? That is life insurance, not an annuity.
Compare life insurance insteadAnswer a few questions
Your state, the amount you are placing and how long you want it committed for.
Compare carrier rates
See the guaranteed rates and terms available to you, side by side, with no health questions and no medical underwriting.
Apply online
Complete and sign the carrier's own annuity application electronically. The carrier confirms and issues the contract.
A quoted rate is the carrier’s current declaration, not an offer of a contract. The rate you receive is the one in the contract the carrier issues.
Understand the tradeoffs
An annuity is a contract with an insurance company, and the contract controls. The points below are the ones worth reading twice before you commit money for a term of years.
The carrier declares an interest rate and guarantees it for the whole term you select. It is stated in the contract rather than tracked to a market.
Terms are commonly offered in a range of lengths. Which terms and rates you can access depends on the carrier, your state, and the amount you place.
Interest accumulates inside the contract and is generally taxed when you take it out. MedaSynq does not give tax advice; ask your own tax advisor how it applies to you.
An annuity is a contract with the insurance company that issues it, so its guarantees depend on that carrier's ability to pay claims. It is not a bank product and is not FDIC insured.
Common questions
It is a fixed annuity contract with an insurance company. You place a lump sum, the carrier credits a guaranteed interest rate for a stated number of years, and at the end of the term you can withdraw the money, renew, or move it to another contract. The rate and the term are written in the contract.
The shape is similar — a fixed rate for a fixed term — but an annuity is issued by an insurance company, not a bank, and is not FDIC insured. Its guarantees rest on the issuing carrier's claims-paying ability. Annuity interest is also generally tax-deferred until withdrawal, while CD interest is normally taxed each year.
Usually yes, but it can cost you. Most contracts allow a limited withdrawal each year without charge and apply a surrender charge above that, often on a schedule that declines over the term. Withdrawals of interest before age 59½ may also carry an IRS penalty. Read the withdrawal and surrender provisions before you apply.
No. An annuity is not underwritten for health the way life insurance is, because it is not paying a death benefit on your health. The carrier still verifies identity and the source of funds, and some contracts have issue-age limits.
Whichever carriers are available for your state, amount, and term at the moment you run the comparison. Annuity rates are redeclared frequently, so we publish no rate on this page — the comparison shows the live ones, and the carrier's contract governs.
No. You can compare rates and complete the carrier's application online from start to finish. A licensed agent is available by phone if you would rather have the contract explained first.
Licensed insurance agency
MedaSynq Insurance Services, NPN 22206860.
30+ carriers to compare
Including carriers rated A or better by AM Best.
A real person answers
Questions before you apply? Call (877) 346-6657.
AM Best financial strength ratings apply to individual insurance carriers, not to MedaSynq, and are shown where available during comparison.
Answer a few questions, compare what the carriers are offering for your state and term today, and apply only if one of them is worth committing to.
Compare Guaranteed Annuity and Apply OnlineWould rather have the contract explained first? Call (877) 346-6657.
Other coverage
Every option below can be started online.
MedaSynq Insurance Services (DBA of MedaSynq Technologies Inc) is a licensed insurance agency, not an insurance company. NPN #22206860. Annuity contracts are issued by their respective carriers, and all guarantees are the sole obligation of the issuing carrier and depend on its claims-paying ability. Annuities are not deposits, are not bank products, and are not insured by the FDIC or any federal agency. Rates, terms, surrender charges, and availability vary by carrier and state and are subject to change. This page is general information, not insurance, tax, or legal advice.