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Multi-Year Guaranteed Annuity

WealthQuest Citadel 5 Diamond

American National Life Insurance Company

4.3492%

5-yr guarantee

10%

Free W/D

Live product data

Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.

5-year guaranteed rate

4.35% guaranteed for 5 years

A 5-year MYGA from an A-rated carrier with a Diamond high-premium tier (rate steps up at the upper premium band) and a guaranteed step-rate schedule that locks in a single known yield for the full surrender term.

Locked rate · 5-year termAdvisorWorld + CANNEX data

Best fit

Buyers with a six-figure deposit to commit for five years who want a known, guaranteed yield from an A-rated carrier and don't need the money back early.

AM Best

A Excellent

Surrender period

5 years

Free withdrawal

10%/yr

Product analyst notes

How to think about this contract

Why it can stand out

  • A-rated carrier (A.M. Best) — American National has been writing fixed annuities since 1905, which matters when you're locking in money for five years.
  • Diamond tier is the high-premium band: at the upper premium band the rate steps up versus the standard band, so a six-figure rollover gets the better of the two filings inside the same product family.
  • Step-rate design: a higher first-year rate followed by a contractually guaranteed renewal rate for years 2–5, blended into a single locked yield for the full term — no surprise renewal at the end of year 1.
  • Annual penalty-free withdrawal allowance plus disability and nursing-home waivers — meaningful liquidity for a fixed contract.

What to confirm

  • The headline yield depends on premium band — the rate at the Diamond high-premium tier is different from the rate at the standard band. Confirm which band your premium will land in before signing.
  • Step-rate structure means the first-year rate is higher than the renewal rate. Comparison sites that show only the first-year number make this product look better than it actually is over the full 5 years — look at the guaranteed period yield instead.
  • Declining surrender charge ladder runs the full 5 years — early access beyond the annual free-withdrawal allowance carries a real cost. This is a 5-year commitment.
  • Death benefit is contract value only — there's no enhanced or rollup death-benefit rider on this product.

Not ideal for

Anyone who needs liquidity beyond the annual free-withdrawal allowance before year 5, anyone shopping below the Diamond high-premium threshold (the standard band carries a lower rate), or anyone whose goal is market-linked growth or lifetime income — this is a pure rate product, not an FIA.

Guaranteed Rates by Term

TermGuaranteed Rate
5-Year4.3492%

Key Features

Free withdrawal

10%/yr

Annual amount that may be available without surrender charges, subject to contract terms.

Surrender waivers

2

Disability waiver, Nursing home waiver

Death benefit

Death Benefit

Beneficiary value depends on contract terms, withdrawals, and rider elections.

Annuitization options

Single life

Contract conversion options should be confirmed before purchase.

Fund types

Non-qualified, Qualified

Availability can vary by state and product terms.

Surrender Schedule

Yr 1

7%

Yr 2

7%

Yr 3

7%

Yr 4

6%

Yr 5

5%

After

0%

Disability waiver, Nursing home waiver, Surrender waivers

Carrier Ratings

AM BestA
S&PA
S&PA

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