Talcott Financial EverStead MYGA — 2-year fixed annuity at 4.05%
- Locks in 4.05% for 2 years
- Open with $25,000 to $2,000,000
- Free withdrawals allowed for:
- 10% of your balance each year
- Required IRA distributions
- Your full investment for nursing home confinement or terminal illness
Rates as of May 8, 2026
Projected balance
over 2 years
Compounded at 4.05% guaranteed. No market exposure, no fees deducted from your balance.
| Year | Earnings | Balance |
|---|---|---|
| 1 | $20,250 | $520,250 |
| 2 | $21,070 | $541,320 |
| Total earnings | $41,320 | $541,320 |
Free-withdrawal allowance: 10% / yr. Withdrawals beyond the allowance trigger the surrender charge below.
- Rank vs. peers
- #18 of 22 (top is 5.30% — Upstream Life Secure Legacy)
- Top 2-year CD
- 4.20% APY · $542,882 at maturity (taxed annually)
Same product, other terms
Other EverStead MYGA terms from Talcott Financial
Projections shown for a $500,000 premium.
| Term | Rate | Projection | |
|---|---|---|---|
| 2-year | 4.05% | $541,320 | You're here |
| 3-year | 4.95% | $577,986 | View → |
| 4-year | 4.95% | $606,596 | View → |
| 5-year | 5.20% | $644,242 | View → |
| 6-year | 5.30% | $681,617 | View → |
| 7-year | 5.30% | $717,742 | View → |
| 8-year | 5.45% | $764,439 | View → |
| 9-year | 5.50% | $809,547 | View → |
| 10-year | 5.60% | $862,202 | View → |
If you withdraw early
Surrender charge schedule
Surrender charges apply to withdrawals beyond the free-withdrawal allowance during the contract term. The charge is a percentage of the amount withdrawn, decreasing each year. They exist because the carrier matches your premium against long-duration assets — early redemption forces them to unwind those positions.
| Contract year | Charge |
|---|---|
| Year 1 | 9.0% |
| Year 2 | 8.0% |
Contract terms
What else to know
Term
2 years guaranteed at 4.05% APY
Investment range
$25,000 – $2,000,000
Rate banding
Higher investment amounts qualify for higher rates.
| Premium band | Rate |
|---|---|
| $25,000 – $100,000 | 3.70% |
| $100,000 – $500,000 | 3.95% |
| $500,000 – $2,000,000 | 4.05% |
Funding sources accepted
Traditional IRA, Non-Qualified, Inherited IRA, IRA Rollover, IRA Transfer, Spousal IRA, Stretch IRA, NQ Stretch, IRA-Roth
Owner age
0 to 85 years old
Death benefit
Full accumulated value passes to your beneficiary, no surrender charge.
Riders & waivers
- Terminal Illness Waiver
- Nursing Home Waiver
- Hospital Confinement Waiver
- Death Benefit Waiver
- RMD-Friendly (RMD withdrawals exempt from surrender charge)
Maturity
30-day window at the end of the term to withdraw, reinvest, or convert to guaranteed income via annuitization.
Tax treatment
Interest accumulates tax-deferred. Personal post-tax funds: only the interest is taxable on withdrawal. Withdrawals before age 59½ may be subject to a 10% IRS penalty.
Source: Talcott Financial contract brochure (download PDF). Anything you act on should be confirmed against the carrier's most recent filing.
First time looking at fixed annuities? How they compare to a CD →