Knighthead Life has the best 5-year fixed annuity rate today at 6.45% simple interest. Use the comparison table below to compare the top 5 year fixed annuity rates available today. Term Insurer Rate Annuity Company Annuity AM Best Apply; 5 Years: 6.45% Simple: Knighthead Life: Staysail Annuity: A-Apply: 5 Years: 5.85%: DirectGrowth MYGA:, Our take: This Midland deferred annuity offers a strong interest rate, though it requires a higher minimum premium to get the highest rate on this annuity. But you can open this annuity for as , The best fixed annuity rate is 6.20% compound interest, as of 6/20/2025, offered on the Canvas Future Fund 7 7 product, issued by Canvas / Puritan Life Insurance Company of America, which is rated B++. The next best fixed annuity rate, as of today, is 6.15% compound interest, offered on the Canvas Future Fund 5 5 product, issued by Canvas , These interest rate predictions, which can correlate with annuity rates, suggest that 2024 could be a good time to purchase a fixed annuity before rate cuts happen. Remember that the best annuity rates today may be different tomorrow. It’s important to check with insurance companies to confirm their specific rates., The Best Fixed Annuity Rates For Each AM Best Rating. Here are the best fixed annuity rates you can currently get from insurers at each A.M. Best rating level. AM BEST RATING INSURER TERM RATE (APY) A++: MassMutual Ascend: 7 yrs: 5.25% A+: Athene: 5 yrs: 5.30% A: SBLI: 5 yrs: 5.60% A-Aspida: 7 yrs: 5.60% B++: Nassau Life: 7 yrs: 5.80% B+ , Today’s Best Fixed Annuity Rates for Multi-Year Guaranteed Annuities (MYGAs) Top Fixed Rate Annuities for June 2025. Below, you’ll find the highest fixed annuity rates and product details for multi-year guaranteed annuities (MYGAs). These fixed annuities provide a guaranteed rate of return for a set period, typically ranging from two to ten .