F&G Secure MYGA® ROP
F&G Annuities and Life
4.45%
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
4.45% 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, a return-of-premium guarantee that protects the original premium against early-exit losses, 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 AND want absolute downside protection on the original premium against any early-exit scenario, are willing to accept a meaningfully lower headline rate than the MVA and Non-MVA siblings in exchange for that principal-protection guarantee, 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
- Return-of-premium guarantee — at minimum, the buyer can recover their original premium on early surrender beyond the annual free-withdrawal allowance, even if the declining surrender schedule would otherwise reduce the proceeds below the gross premium. This is the principal-protection variant of the F&G Secure MYGA family and is engineered for buyers who want absolute downside protection against the cost of an early exit.
- 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 — useful when the buyer is committing premium against a return-of-premium guarantee that has to be backed by carrier solvency.
- 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 ROP MYGAs are typically meaningfully lower than on the MVA and Non-MVA siblings on the same chassis — the carrier pays a real rate cost to offer the principal-protection guarantee. Buyers prioritizing the highest possible headline rate over downside protection should look at F&G Secure MYGA MVA or Non-MVA first.
- Return-of-premium only guarantees the original premium amount on early surrender — it does NOT guarantee the contract's accumulated value (premium plus credited interest). A buyer who surrenders early during the surrender period gets at least their premium back, but not necessarily the interest that has been credited; that depends on the surrender-charge mechanics. Read the contract documents to understand exactly what the ROP guarantee covers.
- 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. The guarantee period and the surrender period are not the same thing.
- 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. No premium bonus is credited at issue, and the death benefit is the standard contract value with no guaranteed roll-up.
Not ideal for
Buyers who prioritize the highest possible headline rate (look at F&G Secure MYGA MVA), want predictable surrender values without rate-environment exposure but don't need the ROP guarantee (look at F&G Secure MYGA Non-MVA), 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 | 3.8% |
| 5-Year | 4.45% |
| 7-Year | 4.6% |
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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