Pinnacle Plus MYGA
Delaware Life
5.25%
5-yr guarantee
10%
Free W/D
50
Jurisdictions
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
5-year guaranteed rate
5.25% guaranteed for 5 years
A multi-year guaranteed annuity from A-rated Delaware Life with 3-, 5-, 7-, and 10-year terms, contractually fixed rates, and the longest deferral menu on the Delaware Life MYGA shelf — built for buyers who want a known-rate accumulation lock that can extend to a full decade.
Best fit
Buyers who want a contractually fixed annual rate locked for up to ten years, value the ability to pick from four terms rather than two or three, and prefer a clean rate-lock product to an index-linked or rider-led design.
AM Best
A- Excellent
Surrender period
10 years
Free withdrawal
10%/yr
Availability
50 jurisdictions (excl. New York)
Product analyst notes
How to think about this contract
Why it can stand out
- Four contractually offered terms (3-year, 5-year, 7-year, 10-year) make this the longest-deferral MYGA on Delaware Life's shelf — Apex MYGA and Apex Control top out at seven years, so a buyer who wants a full decade of rate-lock can only get it here within Delaware Life.
- The full four-term curve is visible on the page's live rate sheet — buyers can read the headline-band rate for each term and decide between additional duration and the term whose rate best fits their horizon without working off a brochure.
- Carrier financial strength is rated by two independent agencies (A.M. Best and S&P), so the strength view is not a single-source read.
- Surrender-charge waivers for nursing home and terminal illness are contractually included, and the full ten-year surrender ladder is visible on this page rather than gated behind a brochure.
What to confirm
- Multiple rate bands exist at each term — the headline rate is the top-of-shelf band, typically tied to a minimum premium that the buyer should verify against their funding amount.
- The 10-year term sits at the long end of the MYGA market. A buyer who locks rate for ten years is taking duration risk if rates rise materially over the period; the surrender ladder is correspondingly long, so an early exit can be expensive.
- There is no GLWB income rider on this filing. This is a fixed-rate accumulation product; do not compare its payout against a rider-led income annuity.
- The Delaware Life MYGA shelf includes three filings (Apex MYGA, Apex Control, Pinnacle Plus MYGA). Pinnacle Plus is the longest-deferral option (adds a 10-year term the Apex pair does not offer); Apex MYGA and Apex Control share a 3-/5-/7-year shelf. Buyers should compare the live rate sheets on each product page side-by-side before defaulting to any one.
Not ideal for
Buyers who want index-linked upside, need a guaranteed lifetime-withdrawal rider, or are unwilling to take duration risk on a ten-year rate-lock — the shorter-term rates are visible on the same page and should drive the term choice.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 5% |
| 5-Year | 5.25% |
| 7-Year | 5.3% |
| 10-Year | 5.3% |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
2Nursing home waiver, Terminal illness waiver
Death benefit
Standard 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
8%
Yr 2
7%
Yr 3
6%
Yr 4
5%
Yr 5
4%
Yr 6
3%
Yr 7
2%
Yr 8
1%
Yr 9
1%
Yr 10
0.5%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
Free Comparison Report
Get a personalized Pinnacle Plus MYGA illustration
See year-by-year projections for your specific age, premium, and income goals.