F&G Secure MYGA® Non-MVA
F&G Annuities and Life
4.7%
5-yr guarantee
10%
Free W/D
51
Jurisdictions
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
5-year guaranteed rate
4.7% guaranteed for 5 years
A multi-year guaranteed annuity from F&G Annuities & Life with 3-, 5-, and 7-year guarantee periods on a seven-year declining surrender ladder, no market-value-adjustment mechanic on early exits, nursing-home and terminal-illness surrender waivers, and three-agency financial-strength corroboration.
Best fit
Buyers who want a fixed declared rate locked in for a 3-, 5-, or 7-year window, value early-exit surrender values that don't re-price against the interest-rate environment, accept a slightly lower headline rate than the MVA sibling in exchange for that predictability, and want the carrier-credit profile corroborated by three rating agencies.
AM Best
A Excellent
Surrender period
7 years
Free withdrawal
10%/yr
Availability
51 jurisdictions (excl. New York)
Product analyst notes
How to think about this contract
Why it can stand out
- No market-value adjustment on early surrender — surrender values beyond the annual free-withdrawal allowance are based purely on the contract's declining surrender schedule, with no rate-environment-driven adjustment up or down. This is the rate-environment-insulated variant of the F&G Secure MYGA family and is engineered for buyers who want predictable early-exit values regardless of where interest rates move after issue.
- Three guarantee periods on a single filing — 3, 5, and 7 years — so a buyer can match the rate-lock horizon to their planning window without leaving the F&G Secure MYGA chassis or comparing across separate filings.
- Carrier financial-strength is rated by three independent agencies (A.M. Best, S&P, and Moody's), so the strength view is corroborated across multiple agencies rather than resting on a single-source read.
- Two named surrender-charge waivers (nursing home, terminal illness) plus a published annual free-withdrawal allowance preserve named penalty-free exits from the seven-year surrender schedule for routine cash needs and the major-life-event categories the waivers cover.
What to confirm
- Headline rates on Non-MVA MYGAs are typically lower than on the MVA sibling on the same chassis — the carrier pays a small rate premium on the MVA filing to compensate the buyer for accepting the early-exit rate-environment exposure. Buyers prioritizing the highest possible headline rate over surrender-value predictability should look at F&G Secure MYGA MVA.
- The seven-year surrender ladder applies to all three guarantee-period elections — a 3-year guarantee buyer is still inside the seven-year surrender schedule for years 4 through 7, with declining but still meaningful surrender charges. The guarantee period and the surrender period are not the same thing.
- No premium bonus is credited at issue and the death benefit is the standard contract value with no guaranteed roll-up — this contract is built for rate certainty over a fixed multi-year window, not for legacy enhancement or an upfront bonus. There is no return-of-premium guarantee on early surrender on this filing; look at F&G Secure MYGA ROP for that mechanic.
- Like any MYGA, this contract is not a guaranteed-lifetime-withdrawal product. The live feed shows no income riders attached, and the page should not be compared side-by-side with an income FIA or a SPIA — a MYGA is a fixed-rate deferred contract, full stop.
Not ideal for
Buyers who prioritize the highest possible headline rate over surrender-value predictability (look at F&G Secure MYGA MVA), want a return-of-premium guarantee on early surrender (look at F&G Secure MYGA ROP), require an A.M. Best A+ or stronger carrier rating, or want lifetime-income guarantees, a premium bonus, or a death-benefit roll-up beyond the standard contract value.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.1% |
| 5-Year | 4.7% |
| 7-Year | 4.85% |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
3Activities of daily living, Nursing 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
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
Free Comparison Report
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