Yes. As of August 2026, several fixed annuities (MYGAs) are paying around 7%. Knighthead Life offers a 7-year term at 7.20% simple interest, and Atlantic Coast Life’s Safe Harbor Bonus Guarantee (B-rated) pays 7.65% on a 10-year term.
Top A-rated carriers typically offer lower rates, closer to 5%–6%, so the highest yields tend to come from lower-rated insurers or longer terms. Rates change often and vary by state, deposit size, and age, so it’s worth comparing current quotes before locking one in.
As with any annuity, weigh the carrier’s financial strength alongside the headline rate.