What Is The Best Annuity To Buy May 2026

Currently offering some of the highest 1-year fixed rates in the industry at 7.00%.

Ties growth to indices like the S&P 500 but guarantees you won't lose principal if the market drops.

Short-term investors willing to trade a slightly lower carrier rating for maximum yield. Best Annuity Companies of 2026 - CNBC what is the best annuity to buy

Investors seeking a "CD-like" fixed rate for a set term with zero market risk. Best for Immediate Income (SPIA): MassMutual RetireEase

Offers top-tier 5-year rates (up to 5.60%) from an A++ rated carrier. Currently offering some of the highest 1-year fixed

Converts a lump sum into a paycheck within 12 months with no contract fees.

Retirees who need to fill a specific monthly income gap immediately. Best for Market Growth (FIA): Allianz Life Benefit Control Best Annuity Companies of 2026 - CNBC Investors

Pre-retirees (ages 55-65) with a 7-10 year horizon who want more upside than a fixed rate. Best for High Returns (Higher Risk): CL Life