Best MYGA Companies

The best MYGA company depends on the term you will actually hold. A two-year lock and a ten-year lock are different products, and the carrier that leads one rarely leads both. Rate leadership also rotates as issuers refile.

At Local Life Agents, we illustrate MYGAs across 30+ A-rated carriers and still show where published rate leaders sit—including names below A when they own a term—so you see yield and balance sheet in the same conversation.

Key Takeaways

• Term first. Rank companies inside one guarantee period. Mixing a five-year MYGA with a seven-year MYGA is not a fair comparison.
• One pick per lane. Each ranked entry below is our starting issuer for a specific job—default five-year, long lock, A-rated band, short box, or low minimum—not a forever brand ranking.
• Rating is part of the quote. Several MYGA yield leaders are B+ or B++. That can be acceptable on a two-year hold and a different decision on a ten-year check.
• Confirm the filing. Product availability and credited rates vary by state. The illustration in your state is the number that matters.
• Numbers live on the rates page. This ranking names who we illustrate first. Current term tables are on the MYGA rates page.

How we picked the best MYGA companies

We scored issuers the way a case actually gets placed: guaranteed rate for a stated term, minimum premium band, surrender and free-withdrawal language, AM Best rating, and whether the contract is filed where you live. We did not average unrelated terms into one score.

These are starting points from the August 31, 2026 rate sheets we verified for the September 2026 publication. If your state, premium band, or rating limit knocks a leader out, we take the next name on that term.

Best MYGA companies by shopping lane

Wichita National is our default five-year starting point because that is the term most savers should shop first. On the snapshot we published, Security 5 credits 6.25% at a $10,000 minimum. Revol One's ten-year product prints the same credited rate with five more years you cannot touch without a charge.

Best for: CD replacement money that can sit five years, and as the long rung of a ladder next to a two- or three-year contract.

Consider if: Your state's guaranty limit or internal rating rules will not size a B+ issuer for the check you want to write. We then illustrate the next five-year name.

Revol One is the name we run when the money cannot come due at year five. DirectGrowth 7 credits 6.15% on the snapshot we published. DirectGrowth 10 credits 6.25%—the same headline as Wichita's five-year. That is a liquidity choice, not extra yield for waiting.

Best for: Known horizons past five years, and clients who already hold Revol One and want a second term at the same issuer.

Consider if: You are using ten years to "get a better rate." On this cycle you are not. Take five unless the date truly cannot move.

Oceanview is the strength pick on this list. An A rating at the top of a term is uncommon on the current MYGA yield board. The tradeoff is the band: $70,000 opens the mid-band rate we ranked.

Best for: Buyers who want an A-rated lock, have the mid-band premium, and do not need a five-year box.

Consider if: You are under $70,000. Oxford Multi-Select 4 at a lower minimum is the next illustration, not a forced stretch into a band you cannot fund.

CL Life is the first two-year illustration we run when someone wants a MYGA yield without a five-year surrender schedule. If Sundance 2 is not filed in your state, we step to the next two-year name rather than stretching the term to chase a higher number.

Best for: Cash with a known two-year date, or the short rung of a ladder.

Consider if: You can hold five years. Wichita's five-year credits a full point more on the snapshot we published. Leaving that on the table for a short box only makes sense when the date is real.

Heartland National is rarely the mailer winner and often the contract that actually issues when the premium is small or the headline issuer is not filed. A few basis points on $25,000 is not a reason to ignore a cleaner withdrawal provision or a state approval problem on the leader.

Best for: Smaller deposits, and as the second illustration when Wichita or Revol One cannot be written.

Consider if: You have $10,000 or more and the five-year leader is approved. Start with Wichita, then use Heartland as the compare.

How to compare these companies

Pick the guarantee period you can hold. We illustrate the lane winner plus the next name if rating, band, or state filing knocks the headline out. You do not have to take the highest credited rate.

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Who this ranking is not for

This page is the wrong tool if you need income starting within a year, you want index-linked crediting with a floor, or you cannot leave the premium through surrender. Start with best SPIA companies for a paycheck, or best FIA companies for cap and participation design.

Conclusion

The best MYGA company is the issuer that wins the term you can hold at a rating and premium band you can accept. Wichita for the default five-year, Revol One for longer locks, Oceanview when you need an A-rated mid-term, CL Life for two years, Heartland when the check is small—that is how we open the comparison before we run your state.

A captive agent has one filing. We shop the same guarantee period across the carriers we can illustrate so the name on the application is the contract that fits, not last month's mailer. See the annuity companies hub for FIA and SPIA rankings.

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