---
title: "MYGA vs. FIA: Which Fixed Annuity Is Right for Your Client?"
description: "Multi-Year Guaranteed Annuities and Fixed Indexed Annuities serve different needs. Here's the definitive comparison to help agents match the right product."
url: https://unlockedcrm.ai/blog/myga-vs-fia-fixed-annuity-guide
canonical: https://unlockedcrm.ai/blog/myga-vs-fia-fixed-annuity-guide
category: "Life & Annuity"
published: 2026-01-22
author: "Jacob Lock"
source: unLocked CRM — AI CRM for insurance agents
---

# MYGA vs. FIA: Which Fixed Annuity Is Right for Your Client?

## TL;DR

MYGAs offer guaranteed fixed rates (4.5–5.5% in 2026) for 3–7 year terms. FIAs link returns to market indices with a 0% floor and offer income riders for 7+ year horizons.

Fixed annuities are the fastest-growing segment in insurance, with $300+ billion in annual sales. Two products dominate: MYGAs and FIAs.

## Side-by-Side Comparison

| Feature | MYGA | FIA |
| --- | --- | --- |
| Interest Rate | Fixed & guaranteed | Variable (index-linked) |
| Downside Protection | Full guarantee | 0% floor (no market loss) |
| Typical Surrender Period | 3–7 years | 7–12 years |
| Commission to Agent | 1–3% | 4–7% |
| Best For | Safety-first clients | Growth-oriented conservative clients |

## When to Recommend a MYGA

MYGAs are ideal for clients who want guaranteed returns with zero complexity, have a specific time horizon (3–7 years), or are moving money from CDs.

In 2026, competitive MYGA rates range from 4.5% to 5.5% for 5-year terms.

## When to Recommend a FIA

FIAs are ideal for clients who want growth potential beyond fixed rates, cannot stomach market losses, have a longer time horizon (7+ years), or need guaranteed lifetime income via riders.

## FAQ

### Can a client own both?

Yes — many advisors recommend laddering MYGAs for short-term and FIAs for longer-term growth potential.

### Which pays higher commissions?

FIAs (4–7%) vs MYGAs (1–3%). Always recommend based on suitability.

## FAQ

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## Related

- https://unlockedcrm.ai/blog/annuity-lead-management-system-guide
- https://unlockedcrm.ai/blog/how-ai-insurance-quoting-works

---

Source: [MYGA vs. FIA: Which Fixed Annuity Is Right for Your Client?](https://unlockedcrm.ai/blog/myga-vs-fia-fixed-annuity-guide) — unLocked CRM, the AI CRM built for insurance agents. Citation permitted with attribution and a link to https://unlockedcrm.ai/blog/myga-vs-fia-fixed-annuity-guide.