MYAnnuity
Nassau Life
5.25%
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 rate
5.25% guaranteed for 5 years
A multi-year guaranteed annuity from Nassau Life publishing a 5-year and a 7-year guarantee period, a declining surrender ladder with an annual free-withdrawal allowance, nursing-home and terminal-illness surrender waivers, single or joint annuitization on non-qualified or qualified money, and a B-grade A.M. Best carrier rating — available across 49 US jurisdictions but not in New York or Maine.
Best fit
Buyers outside New York and Maine who want a single declared rate locked in for either a 5-year or 7-year fixed window, value the choice between the shorter lock-in and the longer rate-lock, want annual free-withdrawal and surrender-waiver access alongside the schedule, and are comfortable with a B-grade A.M. Best carrier rating in exchange for the headline rate.
AM Best
B++ Good
Surrender period
7 years
Free withdrawal
10%/yr
Availability
49 jurisdictions (excl. Maine, New York)
Product analyst notes
How to think about this contract
Why it can stand out
- Two declared guarantee periods are published on this filing — a 5-year and a 7-year — so a buyer can pick the shorter rate-lock at the 5-year rate or the longer rate-lock at the 7-year rate rather than being forced into a single term.
- A declining surrender ladder that steps down each year alongside an annual free-withdrawal allowance, so a buyer who needs partial liquidity in the back half of the contract pays a smaller charge than they would on a flat schedule and is not locked out of small withdrawals.
- Two contract-level surrender-charge waivers (nursing home, terminal illness) sit on top of the annual free-withdrawal allowance, so the events the waivers cover do not trigger a surrender charge.
- Both single and joint annuitization options are available, and the contract accepts non-qualified and qualified funds, so couples planning a joint-life payout and buyers using IRA money are both inside the product's accepted-funds and payout-options envelope.
What to confirm
- Carrier financial-strength on this filing carries a B-grade A.M. Best rating rather than the A-grade tier most large MYGA issuers hold, and the page shows only a single agency view rather than a multi-agency corroboration. Buyers prioritizing the strongest available carrier-credit profile should weigh that against the headline rate, particularly across the longer 7-year lock-in.
- This filing is not available to residents of New York or Maine — the live feed shows availability across 49 US jurisdictions, with both states excluded. NY buyers should look at the Nassau Life NY-specific MYGA filing instead. Surrender charges in the first three years are in the high single digits — the year-one charge is at the top end of the MYGA market and does not drop into the low single digits until late in the schedule, so an unplanned early exit beyond the annual free-withdrawal allowance in years one through three carries a real cost.
- The death benefit on this filing is described as depending on contract terms, withdrawals, and rider elections rather than a guaranteed roll-up or step-up beyond the contract value, there is no premium bonus, and there is no guaranteed-lifetime-withdrawal rider — this contract is built for rate certainty over a fixed multi-year window, not for legacy enhancement, an upfront bonus, or guaranteed lifetime income.
Not ideal for
New York and Maine residents (filing not available), buyers who require an A-grade A.M. Best carrier rating or multi-agency financial-strength corroboration before locking principal, buyers who need a shorter-than-5-year or longer-than-7-year fixed-rate horizon, or buyers who want a premium bonus, a guaranteed-lifetime-withdrawal rider, market-linked upside through index crediting, or a death benefit with a guaranteed roll-up or step-up — a fixed-rate deferred contract from a B-rated carrier is not built for any of those things.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 5-Year | 5.25% |
| 7-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
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
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