Talcott Financial EverStead MYGA — 8-year fixed annuity at 5.45%
- Locks in 5.45% for 8 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 8 years
Compounded at 5.45% guaranteed. No market exposure, no fees deducted from your balance.
| Year | Earnings | Balance |
|---|---|---|
| 1 | $27,250 | $527,250 |
| 2 | $28,735 | $555,985 |
| 3 | $30,301 | $586,286 |
| 4 | $31,953 | $618,239 |
| 5 | $33,694 | $651,933 |
| 6 | $35,530 | $687,463 |
| 7 | $37,467 | $724,930 |
| 8 | $39,509 | $764,439 |
| Total earnings | $264,439 | $764,439 |
Free-withdrawal allowance: 10% / yr. Withdrawals beyond the allowance trigger the surrender charge below.
- Rank vs. peers
- #5 of 15 (top is 6.00% — Mountain Life Secure Summit)
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 | View → |
| 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 | You're here |
| 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 The charge is a percentage of the amount withdrawn, decreasing each year.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% |
| Year 3 | 7.0% |
| Year 4 | 6.0% |
| Year 5 | 5.0% |
| Year 6 | 4.0% |
| Year 7 | 3.0% |
| Year 8 | 2.0% |
Contract terms
What else to know
Term
8 years guaranteed at 5.45% APY
Investment range
$25,000 – $2,000,000
Rate banding
Higher investment amounts qualify for higher rates.
| Premium band | Rate |
|---|---|
| $25,000 – $100,000 | 5.10% |
| $100,000 – $500,000 | 5.35% |
| $500,000 – $2,000,000 | 5.45% |
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.
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