Oklahoma fixed annuity rates
Current Oklahoma MYGA Rates
Compare representative guaranteed fixed annuity rates currently available to Oklahoma residents. Rates change frequently, so use the live comparison tool to see current availability for your term and premium amount.
Last updated October 2, 2026. Updated as market conditions and available rates change.
Representative MYGA rates by term
A simple snapshot of highlighted guaranteed rates for Oklahoma residents.
- 2 Year5.15%
Oceanview
- Rating
- A
- Minimum
- $70,000
- Liquidity
- 10% Free Withdrawal
- 3 Year5.65%
Athene
- Rating
- A+
- Minimum
- $100,000
- Liquidity
- interest only withdrawals
- 5 Year5.85%
Reliance Standard
- Rating
- A++
- Minimum
- $20,000
- Liquidity
- 10% free withdrawal; 10% Year 1
- 7 Year5.90%
Reliance Standard
- Rating
- A++
- Minimum
- $20,000
- Liquidity
- 10% free withdrawal; 10% Year 1
- 10 Year5.90%
Reliance Standard
- Rating
- A++
- Minimum
- $20,000
- Liquidity
- 10% free withdrawal; 10% Year 1
Rates shown are representative examples and may change without notice. Availability can vary by premium amount, product, carrier, and state.
Want to See What’s Available Today?
Use the live comparison tool to review current MYGA options available in Oklahoma. You can compare terms and carriers online, and I’m available if you want help understanding the differences.
The Highest Rate Isn’t Always the Best Fit
A few tenths of a percent can matter. So can the details. Before choosing a MYGA, look past the headline rate and weigh what fits your situation.
- Carrier financial strength
- Length of the guarantee period
- Minimum premium
- Free-withdrawal provisions
- Access to money in the first year
- Surrender charge schedule
- Your own need for cash during the term
How MYGAs work
What a MYGA is
A multi-year guaranteed annuity is a fixed annuity from an insurance company. You put in a lump sum, and it earns a set interest rate for a set number of years.
How the guaranteed rate works
The rate is locked in when the contract is issued. It does not change for the whole guarantee period, even if market rates go up or down.
Tax-deferred growth
Interest is generally not taxed until you withdraw it. That lets interest build on interest. Withdrawals before age 59½ may face a 10% federal tax penalty.
Guarantee periods
Common terms run from 2 to 10 years. When the term ends, you can usually renew, move the money to another contract, or take it out.
Surrender charges
If you take out more than the contract allows before the term ends, the carrier may charge a surrender fee. Some contracts also apply a market value adjustment.
Withdrawals and liquidity
Many MYGAs allow a yearly penalty-free withdrawal, such as the interest earned or 10% of the value. Rules vary a lot by product, so they are worth reading closely.
Insurance-company backing
The guarantee comes from the issuing insurance company. It depends on that company's ability to pay claims. State guaranty associations offer limited added protection.
Not a bank deposit
MYGAs are not bank CDs. They are not FDIC insured and are not backed by any federal agency.
Why carrier strength matters
Your money is tied to one company for years. Independent ratings, like those from A.M. Best, help you judge how strong that company is.
Common questions
- How often are these Oklahoma MYGA rates updated?
- Rates are reviewed regularly and updated when meaningful changes occur. Because rates can change at any time, use the live comparison tool to see what is available today.
- Are MYGA rates guaranteed for the full term?
- Yes. With a multi-year guaranteed annuity the stated interest rate is guaranteed by the issuing insurance company for the entire term you select. Guarantees are backed solely by the claims-paying ability of that carrier.
- Can I withdraw money before the term ends?
- Most contracts allow a limited penalty-free withdrawal each year, commonly the interest earned or a set percentage of the account value. Withdrawals beyond that amount are generally subject to surrender charges, and withdrawals before age 59 and a half may carry a tax penalty.
Ready to compare, or want to talk it through?
Review live options online at your own pace. If you have questions, Scott is glad to help.
Important disclosures
Rates shown are current as of the date indicated and are subject to change without notice. Product and rate availability varies by state and by carrier, and may be withdrawn at any time. Guarantees are backed solely by the financial strength and claims-paying ability of the issuing insurance company. Annuities are not bank deposits, are not FDIC insured, and are not guaranteed by any federal government agency. Withdrawals in excess of the contract's penalty-free amount may be subject to surrender charges and market value adjustments, and withdrawals before age 59 and a half may be subject to an additional 10 percent federal tax penalty. This page is for informational purposes and is not a recommendation to purchase any specific product.