For annuity-rate shoppers

Fixed annuity rates, and the higher yield next to them

The best fixed annuity rates in 2026 run about 5 to 6 percent, because a new annuity pays the insurer's bond return minus their spread. The secondary market prices the same carriers' payments differently. You buy an existing schedule at a discount, for estimated yields up to 8.50%. Here is the comparison, term by term.

See live secondary-market yields How buying one works

The ceiling

Why fixed annuity rates cluster where they do

Shop three carriers for a 5-year fixed annuity and you will see three numbers within a few tenths of a point. That band is not a coincidence. The insurer invests your premium mostly in bonds, keeps a spread for reserves and profit, and credits you the remainder. A multi-year guaranteed annuity (MYGA) is the cleanest version of this: a flat guaranteed rate for the term, like a CD issued by an insurance company.

The secondary market starts from different arithmetic. A person receiving court-ordered settlement payments sells them for a lump sum, at a discount. A court approves the transfer, and the investor who buys the schedule earns that discount as yield. The carrier writing the checks does not change. That is why the same insurer's payments can yield more here than their new products pay, and it is worth knowing exactly what you own before you compare the two. We spell that out in our page on whether a secondary market annuity is actually an annuity.

By term

New fixed annuity rates vs. secondary-market yields

Swipe sideways for the full table →

Term	New MYGA rate (market range)
3-year	4.9–5.5%
5-year	5.2–5.8%
7-year	5.4–6.0%
10-year	5.5–6.1%

PSA secondary-market inventory currently carries an estimated yield of up to 8.50% across comparable terms. The current options are below.

New MYGA figures are illustrative 2026 market ranges for comparison, not live carrier quotes; verify current rates with an agent. Secondary-market yields are fixed per listing at purchase and shown in full on our inventory. The honest trade for the higher yield is liquidity and guaranty coverage, detailed below.

Secondary-market yields today

View all options →

GK005440WA LotteryLottery Life-ContingentFeb 2029 – Feb 20358.50%SC004867State of New HampshireGuaranteedMar 2027 – Mar 20347.50%HE016975American GeneralGuaranteedAug 2026 – May 20556.55%LA001150State of New HampshireGuaranteedJan 2028 – Jan 20296.50%

For a deeper breakdown of what drives each category's yield, see our secondary market annuity rates page, or compare the asset against CDs, Treasuries, and new annuities. For the MYGA-specific view see our MYGA rates page, and for income that starts now, immediate annuities.

Fixed annuity rate questions, answered straight

What are the best fixed annuity rates right now?

Top multi-year guaranteed annuity (MYGA) rates in 2026 generally run about 5 to 6 percent depending on term and carrier strength, with longer surrender periods paying slightly more. That is close to the insurer's own bond returns minus their spread, which is why new fixed annuity rates cluster in a narrow band. Secondary-market payment streams price differently and currently yield roughly 4 to 7 percent effective, because you buy an existing schedule at a discount rather than a new contract.

Why are fixed annuity rates higher than CD rates?

A fixed annuity is backed by an insurer's investment portfolio rather than bank deposits, so it can credit a bit more than a comparable CD, and its growth is tax-deferred. The trade is liquidity and protection: a CD under the FDIC limit is federally insured and easy to break, while an annuity carries surrender charges and relies on the carrier's financial strength. Secondary-market payment streams push the yield higher still, at the cost of liquidity and guaranty-association coverage.

What is a MYGA and how do its rates compare?

A multi-year guaranteed annuity (MYGA) locks a fixed rate for a set term, usually 3 to 10 years, much like a CD from an insurance company. MYGA rates are the cleanest fixed-annuity number to compare because the rate is guaranteed and flat for the whole term. Against a MYGA, a secondary-market payment stream of similar duration typically shows a higher effective yield, since the discount another party already accepted passes through to you.

Can I get a higher fixed rate than a new annuity offers?

Often, yes, if you can hold the money. Secondary-market payment streams are funded by the same top-rated carriers that issue new annuities, but you buy them at a discount to their scheduled value, which raises the effective yield. They are payment rights, not annuity contracts, they have limited liquidity, and they are not covered by guaranty associations. There is no daily market, but resale or reassignment may be possible with our assistance at a price that is not guaranteed. Every current listing shows its yield, carrier, and schedule on our inventory, or reach our team at (800) 449-6311.

What these assets are, and what they are not

Guaranteed and life-contingent structured settlement payment rights, and lottery payment rights, represent the right to receive factored payments that Pacific Structured Assets purchases and assigns to investors through a court-approved process. They are purchased at a discount to their total scheduled payments.

These payment rights are NOT annuities, NOT insurance products, and NOT securities registered with the U.S. Securities and Exchange Commission. They are not bank deposits, are not FDIC-insured, and are not protected by any state insurance guaranty association. The industry term “secondary market annuity” refers to these payment rights and does not mean you are purchasing an insurance annuity contract.

You acquire the right to receive the payments, not the underlying annuity. The annuity itself does not change hands. Unlike the original structured settlement annuity, which may be shielded from creditors under applicable law, the assigned payment rights you purchase generally do not carry that creditor or bankruptcy protection.

Assigned annuities, offered as a separate product line, are existing insurance annuity contracts reassigned to a new owner through a change of ownership or an irrevocable change of payee.

These are long-term holdings with limited liquidity, and may not be suitable for every investor. There is no public trading market and no daily price. Resale or reassignment of a payment stream to another buyer may be possible, and Pacific Structured Assets can assist, but a resale is not guaranteed and the price it would bring is not guaranteed. Because the payments are fixed, that resale value moves with prevailing interest rates: an investor could realize a gain if rates have fallen since purchase, or a loss if rates have risen. These holdings are best suited to capital an investor can commit for the long term. Nothing on this website is tax, legal, financial, or investment advice. Consult your own advisors before investing.

Pacific Structured Assets, Inc. does not provide tax, legal, financial or accounting advice. The material on this website has been prepared for informational purposes only and is not intended to provide, and should not be relied on for, tax, legal, financial or accounting advice. You should consult your own tax, legal, financial or accounting advisors before engaging in any transaction, including the acquisition of factored structured settlement payments. Pacific Structured Assets is not registered with the Securities and Exchange Commission and is not licensed to sell insurance in any state.

Pacific Structured Assets

Compare a real listing against your annuity quote.

Every offering is public: carrier, price, schedule, and estimated yield. Full payment schedules and available pricing come with a free account.

(800) 449-6311

Get new inventory and special offers