Compare Top Annuity Providers
Choosing the right annuity provider matters. Rates, guarantees, and contract options can vary widely between insurance companies — even for the same investment amount. That’s why many retirees compare multiple top-rated annuity providers before choosing where to place their money.
We surveyed over 500 retirees and near-retirees to uncover their top priorities, such as guaranteed income, low fees, and service quality, and combined these insights with those from licensed annuity agents and a data-driven evaluation of company performance to produce a comprehensive, trustworthy ranking list.
Allianz: Top Growth Protection Balance
AM Best Rating: A+ (Superior)
“Allianz offers some of the most innovative indexed annuities in the industry — strong cap rates, flexible riders, and consistent performance.”
Lincoln Financial Group: Best for Retirement Income
AM Best Rating: A (Excellent)
“They’ve built a legacy of trust and perform well with high-net-worth clients seeking estate planning solutions.”
MassMutual: Top Long-Term Stability
AM Best Rating: A++ (Superior)
“MassMutual’s fixed annuities are among the most stable — ideal for clients who don’t want surprises.”
New York Life: Most Trusted by Consumers
AM Best Rating: A / A+
“Their immediate and deferred income annuities are among the strongest in the market in terms of payout and stability.”
Nationwide: Top Annuity Variety
AM Best Rating: A+ (Superior)
“Nationwide is incredibly consistent — applications are easy, and support is top-notch.”
Why Comparing Providers Can Increase Your Income
Annuity payouts can vary widely from one provider to another, even for the same investment amount and payout option. Comparing multiple providers may help you earn higher monthly income without putting in more money.
It also allows you to evaluate financial strength ratings, compare guarantees and spousal income options, and avoid contracts with unnecessary fees or restrictive terms.
That’s why many retirees are surprised by how much annuity rates and features can differ between providers.
Why the “Best” Company Isn’t the Same for Everyone
When it comes to choosing an annuity provider, there’s no one-size-fits-all answer. What works best for one person might not be the right fit for another, and that’s okay. Your financial priorities, comfort level with risk, need for flexibility, and desire for support all play a role in the decision.
Some people feel most confident choosing a provider with top-tier financial ratings. Others want hands-on guidance and flexible product features. Choosing the right annuity provider starts with knowing what matters most to you.