Retirees who need to fill a specific monthly income gap immediately. Best for Market Growth (FIA): Allianz Life Benefit Control
The "best" annuity depends entirely on whether your goal is high guaranteed growth, lifetime income, or market-linked upside without principal risk. In the current market (April 2026), annuity rates are near 15-year highs, making them an attractive alternative to CDs and bonds. Best for Guaranteed Growth (MYGA): MassMutual Stable Voyage what is the best annuity to buy
Offers top-tier 5-year rates (up to 5.60%) from an A++ rated carrier. Retirees who need to fill a specific monthly
Converts a lump sum into a paycheck within 12 months with no contract fees. annuity rates are near 15-year highs
Currently offering some of the highest 1-year fixed rates in the industry at 7.00%.