Compare Deferred Fixed Annuities

Fidelity provides access to a range of deferred fixed annuities1 through The Fidelity Insurance Network®.

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Available through The Fidelity Insurance Network®

Since an annuity's guarantees are only as strong as the insurance company providing them, you should consider the strength of the company you select and its ability to meet future obligations.2

Issuer Guardian MassMutual New York Life The Principal
Annuity name Guardian Fixed Target AnnuitySM MassMutual Stable VoyageSM Fixed Deferred Annuity New York Life Secure Term MVA Fixed Annuity II
A Market Value Adjustment (MVA) Annuity3
Principal Select Series
A Market Value Adjustment (MVA) Annuity3
Financial strength ratings2
A.M. Best A++
(Superior)
A++
(Superior)
A++
(Superior)
A+
(Superior)
Standard and Poor's AA+
(Very strong)
AA+
(Very strong)
AA+
(Very strong)
A+
(Strong)
Purchase guidelines
Single premium
Minimum non-qualified $5,000 $10,000 $50,000 $5,000
(for 3-year: $50,000)
Minimum qualified $5,000 $10,000 $50,000 $5,000
(for 3-year: $50,000)
Maximum issue age (May vary by state) Age 85 Age 85 Age 85 Age 85
Initial interest rate guarantee4
Initial interest rate guarantee4 For 5 or 6 years For 5, 7, or 9 years For 3, 4, 5, or 6 years For 3, 4, 5, 6, 7, or 9 years
Jumbo rate
Automatic 1-year renewal
(at current market rates)
Access to assets5
Annual penalty–free withdrawal limit 1st year—10% of value at time of initial premium; 2+ years—10% of prior anniversary contract value 1st year—10% of value at time of withdrawal; 2+ years—10% of prior anniversary contract value Greater of 10% of accumulation value as of the previous anniversary or 10% of current accumulation value (less withdrawals). For premiums over $100k, greater withdrawal amounts may be available. 10% of current year's beginning value (less partial withdrawals made since the contract anniversary)
Systematic withdrawal program
Surrender charges5 by year
(Charges listed by year, starting with the first year's charge, then the second year's charge, etc. May vary by state.)
Surrender charges: 3-year 7%, 7%, 7%, 0% thereafter.6 MVA may apply. 7%, 7%, 7%, 0% thereafter.7 MVA may apply.
Surrender charges: 4-year
7%, 7%, 7%, 6%, 0% thereafter.6 MVA may apply. 7%, 7%, 7%, 6%, 0% thereafter.7 MVA may apply.
Surrender charges: 5-year 7%, 7%, 7%, 6%, 5%, 0% thereafter. 7%, 7%, 7%, 6%, 5%, 0% thereafter. 7%, 7%, 7%, 6%, 5%, 0% thereafter.6 MVA may apply. 7%, 7%, 7%, 6%, 5%, 0% thereafter.7 MVA may apply.
Surrender charges: 6-year 7%, 7%, 7%, 6%, 5%,4%, 0% thereafter. 7%, 7%, 7%, 6%, 5%, 4%, 0% thereafter.6 MVA may apply. 7%, 7%, 7%, 6%, 5%, 4%, 0% thereafter.7 MVA may apply.
Surrender charges: 7-year
7%, 7%, 7%, 6%, 5%, 4%, 3%, 0% thereafter. 7%, 7%, 7%, 6%, 5%, 4%, 3%, 0% thereafter.7 MVA may apply.
Surrender charges: 9-year 7%, 7%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0% thereafter. 7%, 7%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0% thereafter.7 MVA may apply.
Surrender charges: 10-year
Other features

Guaranteed4 lifetime income options

Terminal Illness Waiver

Nursing Home Waiver

Guaranteed4 lifetime income options

Terminal Illness Waiver

Nursing Home and Hospital Waiver

Guaranteed4 lifetime income options

Living Needs Benefit Rider8

Unemployment Benefit Rider8

Guaranteed4 lifetime income options

Terminal Illness, Nursing Home, and Disability Waiver

Some products and features listed here may not be available in all states and variations may apply. Certain features may not be available in all products or depending on type of funds used to purchase the annuity.