Two A-rated MYGA and FIA specialists. We compare Global Atlantic (A) and F&G Annuities (A) on MYGA rates, financial strength, product range, and customer experience.
Highlighted cells indicate the carrier that wins on that metric.
Strong fixed-indexed annuity specialist
Global Atlantic is a major retirement insurance group backed by KKR ($550B+ AUM). They're particularly strong in fixed-indexed annuities and offer competitive MYGA rates across most term lengths.
Get Global Atlantic quote Read full review →Competitive fixed-indexed and MYGA programs
F&G (Fidelity & Guaranty Life) is a top-15 U.S. annuity issuer specializing in fixed-indexed and MYGA products. Subsidiary of Fidelity National Financial since 2020. Known for innovative crediting strategies on their FIA products.
Get F&G Annuities quote Read full review →| Term | Global Atlantic | F&G Annuities | Difference |
|---|---|---|---|
| 2-year | — | — | — |
| 3-year | 5.65% | 4.90% | +0.75 pts |
| 5-year | 6.00% | 5.25% | +0.75 pts |
| 7-year | 6.00% | 5.30% | +0.70 pts |
| 10-year | — | — | — |
Global Atlantic wins on 3 of 5 terms (2 tied). Illustrative rates for comparison — not a live quote. Confirm current rates with a licensed specialist.
| Metric | Global Atlantic | F&G Annuities |
|---|---|---|
| A.M. Best Rating | A | A |
| Our rating | 4.6/5 | 4.5/5 |
| Founded | 2004 | 1959 |
| Min Purchase | $10,000 | $20,000 |
| State Coverage | 49 states | 49 states |
| 5-year MYGA (published) | 6.00% | 5.25% |
Choose Global Atlantic if you prioritize strong fixed-indexed annuity specialist. Their standout feature is: backed by KKR — institutional-grade capital.
Choose F&G Annuities if you prioritize competitive fixed-indexed and MYGA programs. Their standout feature is: strong fixed-indexed product innovation.
On published rate alone, Global Atlantic posts the higher figure on more of the terms shown here. For safety-first buyers, the carrier with the higher A.M. Best rating wins (tied here). Both clear our A- preferred-tier threshold on the letter grade alone. An A.M. Best rating is an opinion of an insurer's ability to meet its obligations, not a guarantee, and it can be changed or withdrawn at any time; annuity guarantees are not FDIC-insured. Track Retirement is not a licensed insurance agent and does not recommend either contract; this comparison is general information, not advice.
The headline MYGA rate is only meaningful if the carrier honors a multi-decade contract. Global Atlantic and F&G Annuities differ on both axes — use the table for the numbers and the framing below for the decision.
Illustrative, 24% tax bracket, both lines after tax: $6,635 more over 5 years, almost all of it from the rate difference (5.75% vs 4.4%) rather than from deferral. The 4.4% CD leg is an assumed APY, not a quote; the FDIC all-institution average is 1.41%. A MYGA is an insurance contract, not FDIC-insured.
Whichever carrier you lean toward, most of the gap above is the rate difference rather than the tax treatment — the deferral itself is the smaller part. Either way it only pays off if the money can stay put for the full term with a strong insurer.
Read the full Global Atlantic review and F&G Annuities review, learn how to vet carrier safety, and see the full field in best annuity companies.
Global Atlantic posts the higher figure on 3 of 5 MYGA term lengths in these illustrative, representative rates. Its 5-year figure is 6.00% vs. 5.25%. These are illustrative figures, not a live quote — your actual rate depends on premium, state, and carrier filing, and a higher posted rate often comes from a lower-rated carrier.
Global Atlantic is rated A by A.M. Best; F&G Annuities is rated A. Both currently sit at or above our A- financial-strength floor on the letter grade alone. An A.M. Best rating is an opinion of an insurer's ability to meet its obligations; it is not a guarantee, and it can be changed or withdrawn at any time. Annuity guarantees are not FDIC-insured.
For MYGAs, neither carrier charges explicit fees. The quoted rate is what you earn, provided you hold to term.
Global Atlantic operates in approximately 49 states; F&G Annuities in approximately 49. State counts are approximate and change as filings are approved or withdrawn — some carriers are not admitted in every state, and California, New York and Oregon in particular have their own filing requirements. Confirm with the carrier or a state-licensed agent that a specific contract is available where you live before you apply.
No carrier, advertiser, or listed agent can pay for a ranking, and none reviews our content before publication. Figures are drawn from primary sources — A.M. Best, NAIC, the IRS, SSA, and Treasury — and checked against them. Our content is researched and drafted with the help of AI tools and verified against those sources; see our editorial policy.
Track Retirement scores every annuity carrier on financial strength (A.M. Best), MYGA rate competitiveness, product breadth, surrender flexibility, and state availability. All affiliate relationships disclosed. See our full methodology.