Annuity Rates in New York

A fixed annuity is an insurance contract that pays a guaranteed interest rate on your contribution for a set term. Your principal is fully protected and cannot decrease due to market performance, making fixed annuities one of the safest ways to grow savings with predictable, tax-deferred returns.

A fixed index annuity links your growth potential to a market index such as the S&P 500 while guaranteeing your principal against loss. When the index rises, you earn a portion of the gain up to a cap or participation rate. When it falls, your account value stays flat, so you get market upside without the downside risk.

Fixed annuity rates are contractually guaranteed by the issuing insurance carrier for the full term. Fixed index annuity floors are also guaranteed (typically 0%), meaning your account value can never decrease due to index performance. We display each carrier's AM Best rating, an independent measure of financial strength, so you can assess the carrier's ability to fulfill those guarantees.

Most annuities listed on Annuity Lock have minimum premiums of $10,000 to $25,000. Some carriers offer better rates at higher investment bands such as $100,000 or more. The projected values shown use a $100,000 starting amount by default, but you can adjust this when you request a quote.

AM Best is an independent rating agency that evaluates the financial strength of insurance carriers. A rating of A- or better indicates strong financial health and a solid ability to meet policyholder obligations. We only display products from carriers rated A- or better to help protect your investment.

Annuities are well-suited for savers within 5 to 15 years of retirement who want guaranteed growth without stock market risk. If you're looking to protect a portion of your portfolio while still earning competitive returns, a fixed or fixed index annuity may be worth exploring. Speaking with a licensed financial advisor can help you determine the right fit for your situation.