EverStead MYGA
Talcott Financial Group
5.1%
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
5.1% guaranteed for 5 years
A multi-year guaranteed annuity from Talcott Financial Group that publishes 2-, 3-, 5-, 7-, and 10-year terms with a smoothly declining ten-year surrender ladder, annual free-withdrawal access, RMD and care-event waivers, and single or joint annuitization on non-qualified or qualified money — A-minus carrier, not available in California or New York.
Best fit
Buyers inside the filing's state footprint who want a single declared rate locked in for a fixed multi-year window, value the flexibility to choose a 2-, 3-, 5-, 7-, or 10-year term against their own deferral horizon, want annual free-withdrawal access and an RMD waiver alongside the schedule, and are comfortable with an A-minus A.M. Best carrier strength view.
AM Best
A- Excellent
Surrender period
10 years
Free withdrawal
10%/yr
Availability
49 jurisdictions (excl. California, New York)
Product analyst notes
How to think about this contract
Why it can stand out
- Five guarantee-period choices on a single filing — 2, 3, 5, 7, and 10 years — letting a buyer match the rate-lock to their actual deferral horizon rather than being forced into a single MYGA term length, with the 7-year and 10-year currently crediting at the same rate so extending the lock from 7 to 10 years does not require accepting a lower rate.
- Annual free-withdrawal allowance runs alongside a smoothly declining ten-year surrender ladder — the surrender charge steps down by a full percentage point every year from the year-one charge to a low single-digit charge by the end of the schedule, so a buyer needing partial liquidity in the back half of the contract pays a materially smaller charge than they would on a flat schedule.
- Three carrier surrender-charge waivers are written into the contract — a nursing-home waiver, a terminal-illness waiver, and an RMD waiver — so qualified buyers taking required minimum distributions and buyers hit by the specific care events the waivers cover do not trigger a surrender charge for those withdrawals.
- Both single-life and joint-life annuitization options are available, and both non-qualified and qualified funds are accepted — 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
- Surrender charges in the first three years of the schedule 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 the second half of the schedule. An unplanned early exit beyond the annual free-withdrawal allowance in years one through three carries a real cost. This is a multi-year commitment, not a short-term cash equivalent.
- The contract carries a market-value adjustment alongside the surrender schedule, which can amplify (or, less often, soften) the cost of an early exit in a rising-rate environment — model both the surrender charge and the MVA before treating early-exit liquidity as a meaningful feature.
- Carrier financial-strength on this filing is rated A-minus by A.M. Best — solidly in the A-grade band, but a half-step below the A and A-plus ratings several of the largest MYGA issuers carry. Buyers prioritizing the strongest carrier-credit profile available in the MYGA market should weigh that against the headline rate, especially for the longer 7-year and 10-year lock-in choices.
- There is no premium bonus, no guaranteed-lifetime-withdrawal rider, and no death-benefit roll-up on this filing — the death benefit pays at the contract value, with no guaranteed legacy bump. This contract is built for rate certainty over a fixed multi-year window, not for legacy enhancement, an upfront bonus, or guaranteed lifetime income. The filing is also not available in California or New York.
Not ideal for
Buyers outside the filing's available states (California and New York are excluded), buyers who require an A-plus or AA carrier rating before locking principal, buyers who need a shorter-than-2-year or longer-than-10-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 is not built for any of those things.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 2-Year | 4.7% |
| 3-Year | 4.85% |
| 4-Year | 4.85% |
| 5-Year | 5.1% |
| 6-Year | 5.2% |
| 7-Year | 5.2% |
| 8-Year | 5.2% |
| 9-Year | 5.2% |
| 10-Year | 5.2% |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
3Nursing home waiver, RMD 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%
Yr 8
2%
Yr 9
1%
Yr 10
0.5%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
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