Synergy Choice MYGA
Aspida
5.3%
5-yr guarantee
10%
Free W/D
49
Jurisdictions
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
5-year guaranteed declared rate
5.3% guaranteed for 5 years
A multi-year guaranteed annuity from an A- rated carrier offered in 2, 3, 5, and 7-year terms, with a generous 10% annual free-withdrawal allowance, a market value adjustment on early surrenders, and broad filing in 49 of 51 jurisdictions.
Best fit
Safety-first buyers who want a known, contractually guaranteed interest rate for a defined number of years (up to 7), value an above-average 10% annual free-withdrawal allowance for ongoing flexibility, and are placing premium amounts of $100,000 or more to qualify for the top declared rate.
AM Best
A- Excellent
Surrender period
7 years
Free withdrawal
10%/yr
Availability
49 jurisdictions (excl. New York, North Carolina)
Product analyst notes
How to think about this contract
Why it can stand out
- Four guarantee-period lengths are filed — 2, 3, 5, and 7 years — so buyers can size the rate-lock to their actual horizon rather than being forced into a single term.
- Free-withdrawal allowance is set at 10% of contract value per year, which is at the generous end of the MYGA market — most competing MYGAs cap penalty-free access at 5% or interest-only.
- The product is broadly filed in 49 of 51 jurisdictions (all states and DC except North Carolina and New York), so most U.S. buyers can purchase the contract on its standard terms.
- The carrier provides explicit penalty-free withdrawal provisions on top of the free-withdrawal allowance, giving the contract layered liquidity rather than a single all-or-nothing surrender ladder.
What to confirm
- A market value adjustment (MVA) applies during the surrender period. If interest rates rise after issue, an early surrender can return less than the account value — the MVA is in addition to, not in place of, the surrender charge.
- The longest term offered is 7 years — there is no 10-year option on this filing. Buyers who want to lock a rate for a full decade will need to choose a different MYGA or plan to reinvest at the end of the term at then-current rates.
- The product is not available to residents of North Carolina or New York. Buyers in those states will need to compare against a different filing.
- The headline rate quoted reflects the $100,000-and-up premium band. Buyers placing smaller premiums receive a lower declared rate on the same term — confirm the band that applies to your premium before comparing the headline against other carriers.
Not ideal for
Buyers in North Carolina or New York (this filing is not available to them), buyers who want a 10-year rate guarantee, buyers placing smaller premiums who should compare the lower-band rate honestly against other carriers, and buyers seeking equity-linked upside, guaranteed lifetime income, or an enhanced death benefit — none of which a MYGA provides.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 2-Year | 3.85% |
| 3-Year | 4.55% |
| 5-Year | 5.3% |
| 7-Year | 5.5% |
Key Features
Death benefit
Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single and jointContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Carrier Ratings
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