[aj_hero title=”Best Annuity Rates in New Hampshire (2026)” breadcrumb=”Rates / New Hampshire”]
New Hampshire is one of only nine states with no broad-based income tax on wages or retirement income. For annuity buyers, that means qualified annuity withdrawals – from IRA annuities, 401(k) rollover annuities, and most retirement-funded contracts – are completely free of New Hampshire state income tax. The state did have a tax on interest and dividends income (the “I&D tax”), but that tax was fully eliminated as of January 1, 2027. For retirees who buy a MYGA today, the tax environment when withdrawals begin will be even cleaner than it is now.
The rate table below shows today’s best MYGA rates available to New Hampshire residents from A-rated carriers, updated daily.
2-Year MYGA Rates
| Carrier | Product | AM Best | Rate | Term | Min Premium | Free Withdrawal |
|---|---|---|---|---|---|---|
| Axonic Insurance | Waypoint 2 MYGA | 5.00%Top Rate | 2 yr | $100,000 | 10% | |
| GBU Life | Asset Guard Select 2 | 4.95% | 2 yr | $25,000 | 10% | |
| Oceanview Life and Annuity | Harbourview 2 | 4.95% | 2 yr | $70,000 | 10% | |
| Mass Mutual | Premier Voyage 2 | 4.05% | 2 yr | $1,000,000 | 10% |
3-Year MYGA Rates
| Carrier | Product | AM Best | Rate | Term | Min Premium | Free Withdrawal |
|---|---|---|---|---|---|---|
| Axonic Insurance | Waypoint 3 MYGA | 5.45%Top Rate | 3 yr | $100,000 | 10% | |
| Ibexis | MYGA Plus 3 (Simple Interest) SI | 5.40% | 3 yr | $100,000 | 10% | |
| Fidelity Security Life Insurance Company | TaxVantage® Multi-Year Guaranteed Annuity 3 | 5.25% | 3 yr | $2,500 | 0% | |
| Athene IA | Athene Max Rate 3 | 5.10% | 3 yr | $100,000 | Interest Only | |
| Midland National Life | MNL Guarantee Pro 3 | 5.05% | 3 yr | $100,000 | Interest Only | |
| Oceanview Life and Annuity | Harbourview 3 | 5.05% | 3 yr | $70,000 | 10% | |
| North American Company | NAC Guarantee Plus 3 | 5.00% | 3 yr | $100,000 | Interest Only | |
| Pacific Guardian Life | Diamond Head 3 | 5.00% | 3 yr | $10,000 | 10% |
4-Year MYGA Rates
| Carrier | Product | AM Best | Rate | Term | Min Premium | Free Withdrawal |
|---|---|---|---|---|---|---|
| Oceanview Life and Annuity | Harbourview 4 | 5.20%Top Rate | 4 yr | $70,000 | 10% | |
| Oxford Life Insurance Company | Multi-Select 4 | 5.10% | 4 yr | $20,000 | 10% | |
| Clear Spring Life | Preserve MYGA 4 | 5.05% | 4 yr | $100,000 | 10% | |
| Pacific Guardian Life | Diamond Head 4 | 5.00% | 4 yr | $10,000 | 10% | |
| GBU Life | Asset Guard Select 4 | 4.95% | 4 yr | $25,000 | 10% | |
| Mass Mutual | Premier Voyage 4 | 4.90% | 4 yr | $1,000,000 | 10% | |
| Corebridge Financial | Corebridge Pathway Choicesm Fixed 4 Annuity | 4.80% | 4 yr | $100,000 | 10% | |
| Mass Mutual | Stable Voyage 4 | 4.80% | 4 yr | $100,000 | 10% |
5-Year MYGA Rates
| Carrier | Product | AM Best | Rate | Term | Min Premium | Free Withdrawal |
|---|---|---|---|---|---|---|
| Ibexis | MYGA Plus 5 (Simple Interest) SI | 5.90%Top Rate | 5 yr | $100,000 | 10% | |
| Axonic Insurance | Waypoint 5 MYGA | 5.70% | 5 yr | $100,000 | 10% | |
| Fidelity Security Life Insurance Company | TaxVantage® Multi-Year Guaranteed Annuity 5 | 5.65% | 5 yr | $2,500 | 0% | |
| Americo | Platinum Assure 5 | 5.45% | 5 yr | $25,000 | 5% | |
| Athene IA | Athene Max Rate 5 | 5.40% | 5 yr | $100,000 | Interest Only | |
| Liberty Bankers Life | Heritage Elite 5 | 5.40% | 5 yr | $10,000 | 0% | |
| Nationwide Life Insurance Company | Secure Growth 5 MVA | 5.40% | 5 yr | $100,000 | 10% | |
| American National Insurance Company | Palladium MYG Annuity 5 | 5.35% | 5 yr | $250,000 | 10% |
6-Year MYGA Rates
| Carrier | Product | AM Best | Rate | Term | Min Premium | Free Withdrawal |
|---|---|---|---|---|---|---|
| Oxford Life Insurance Company | Multi-Select 6 | 5.55%Top Rate | 6 yr | $20,000 | 10% | |
| Oceanview Life and Annuity | Harbourview 6 | 5.50% | 6 yr | $70,000 | 10% | |
| Clear Spring Life | Preserve MYGA 6 | 5.25% | 6 yr | $100,000 | 10% | |
| Pacific Guardian Life | Diamond Head 6 | 5.20% | 6 yr | $10,000 | 10% | |
| Mass Mutual | Premier Voyage 6 | 5.15% | 6 yr | $1,000,000 | 10% | |
| Guardian Insurance & Annuity Co. | Guardian Fixed Target Annuity 6 | 4.80% | 6 yr | $100,000 | 10% | |
| American General Life Insurance Company | American Pathway VisionMYG 6 | 4.65% | 6 yr | $100,000 | 15% | |
| Corebridge Financial | American Pathway VisionMYG 6 | 4.45% | 6 yr | $100,000 | 15% |
7-Year MYGA Rates
| Carrier | Product | AM Best | Rate | Term | Min Premium | Free Withdrawal |
|---|---|---|---|---|---|---|
| Ibexis | MYGA Plus 7 (Simple Interest) SI | 6.15%Top Rate | 7 yr | $100,000 | 10% | |
| Fidelity Security Life Insurance Company | TaxVantage® Multi-Year Guaranteed Annuity 7 | 5.60% | 7 yr | $2,500 | 0% | |
| Americo | Platinum Assure 7 | 5.50% | 7 yr | $25,000 | 5% | |
| Aspida | Synergy Choice 7 | 5.50% | 7 yr | $100,000 | 0% | |
| Athene IA | Athene Max Rate 7 | 5.50% | 7 yr | $100,000 | Interest Only | |
| Axonic Insurance | Waypoint 7 MYGA | 5.50% | 7 yr | $100,000 | 10% | |
| American National Insurance Company | Palladium MYG Annuity 7 | 5.45% | 7 yr | $250,000 | 10% | |
| Liberty Bankers Life | Heritage Elite 7 | 5.45% | 7 yr | $10,000 | 0% |
8-Year MYGA Rates
| Carrier | Product | AM Best | Rate | Term | Min Premium | Free Withdrawal |
|---|---|---|---|---|---|---|
| Clear Spring Life | Preserve MYGA 8 | 5.25%Top Rate | 8 yr | $100,000 | 10% | |
| Oxford Life Insurance Company | Multi-Select 8 | 5.20% | 8 yr | $20,000 | 10% | |
| Pacific Guardian Life | Diamond Head 8 | 5.20% | 8 yr | $10,000 | 10% | |
| Guaranty Income Life | Guaranty Rate Lock 8 | 4.10% | 8 yr | $100,000 | 5% |
9-Year MYGA Rates
| Carrier | Product | AM Best | Rate | Term | Min Premium | Free Withdrawal |
|---|---|---|---|---|---|---|
| Liberty Bankers Life | Heritage Elite 9 | 5.50%Top Rate | 9 yr | $10,000 | 0% | |
| Liberty Bankers Life | Heritage Premier 9 | 5.45% | 9 yr | $10,000 | Interest Only | |
| Liberty Bankers Life | Heritage Premier Plus 9 | 5.35% | 9 yr | $10,000 | Interest Only | |
| Clear Spring Life | Preserve MYGA 9 | 5.25% | 9 yr | $100,000 | 10% | |
| Liberty Bankers Life | Heritage Classic 9 | 5.25% | 9 yr | $10,000 | 10% | |
| Pacific Guardian Life | Diamond Head 9 | 5.20% | 9 yr | $10,000 | 10% | |
| Securian Financial | SecureOption Choice 9 | 5.20% | 9 yr | $500,000 | 10% | |
| Oxford Life Insurance Company | Multi-Select 9 | 5.10% | 9 yr | $20,000 | 10% |
10-Year MYGA Rates
| Carrier | Product | AM Best | Rate | Term | Min Premium | Free Withdrawal |
|---|---|---|---|---|---|---|
| Oceanview Life and Annuity | Harbourview 10 | 5.65%Top Rate | 10 yr | $70,000 | 10% | |
| Axonic Insurance | Waypoint 10 MYGA | 5.50% | 10 yr | $100,000 | 10% | |
| American National Insurance Company | Palladium MYG Annuity 10 | 5.30% | 10 yr | $250,000 | 10% | |
| Reliance Standard Life | Reliance Guarantee - 10 | 5.30% | 10 yr | $20,000 | 10% | |
| Clear Spring Life | Preserve MYGA 10 | 5.25% | 10 yr | $100,000 | 10% | |
| Pacific Guardian Life | Diamond Head 10 | 5.20% | 10 yr | $10,000 | 10% | |
| Oxford Life Insurance Company | Multi-Select 10 | 5.15% | 10 yr | $20,000 | 10% | |
| American General Life Insurance Company | American Pathway VisionMYG 10 | 5.00% | 10 yr | $100,000 | 15% |
Rates shown are for informational purposes only and subject to change without notice. Only carriers rated A− or better by AM Best are included. Products marked SI use simple interest — the effective compound yield is lower than the stated rate. Minimum premiums shown are for non-qualified (after-tax) funds. Always verify current rates with a licensed annuity broker before purchasing.
- New Hampshire has no broad-based state income tax on wages, salaries, or retirement income. Qualified annuity withdrawals (IRA, 401(k) rollover) are not subject to New Hampshire state income tax.
- New Hampshire’s interest and dividends (I&D) tax – which previously applied to certain investment income at 3% (2025 rate) – is being phased out entirely and was fully eliminated as of January 1, 2027.
- The New Hampshire Life and Health Insurance Guaranty Association protects annuity values up to $250,000 per person, per insurer.
- New Hampshire has no estate tax and no inheritance tax. Annuity death benefits pass directly to named beneficiaries outside of probate with no state-level transfer tax.
- New Hampshire requires a minimum 10-day free-look period on all annuity contracts.
Are Fixed Annuities a Good Choice in New Hampshire?
New Hampshire’s no-income-tax environment makes fixed annuities particularly attractive. In most states, retirees who withdraw from a MYGA or IRA annuity pay both federal income tax and state income tax on the withdrawal. In New Hampshire, there is no state income tax layer – only federal tax applies. That means a 5.25% MYGA in New Hampshire delivers a higher after-tax return than the same 5.25% MYGA held in a state with a 5% to 7% income tax rate.
Consider Carol, age 65, in Concord. She has $200,000 in a bank CD renewing at 3.60%. She moves it into a 5-year MYGA at 5.20%. At maturity, her account reaches approximately $257,730 – a guaranteed gain of $57,730 with no market risk. When she begins withdrawals, New Hampshire levies zero state income tax. Carol pays only federal income tax at her ordinary rate. Compare that to a retiree in neighboring Massachusetts paying 5% state income tax on the same withdrawals – Carol keeps an extra $2,887 on the first $57,730 in gains alone, just from the state tax difference.
New Hampshire has no estate tax and no inheritance tax. Named annuity beneficiaries receive the contract value outside of probate with zero New Hampshire state transfer tax.
New Hampshire Guaranty Association: How Your Annuity Is Protected
The New Hampshire Life and Health Insurance Guaranty Association protects New Hampshire policyholders if a licensed insurance carrier becomes insolvent. Coverage is automatic – no separate enrollment, no additional cost.
| Coverage Type | New Hampshire Protection Limit |
|---|---|
| Annuity present value | $250,000 per person, per insurer |
| Life insurance death benefit | $300,000 per person, per insurer |
| Life insurance cash value | $100,000 per person, per insurer |
| Multiple policies at same insurer | Combined, subject to the limits above |
For investments over $250,000, split funds across multiple A-rated carriers. Each insurer has its own separate $250,000 protection limit under the New Hampshire guaranty system.
New Hampshire Life and Health Insurance Guaranty Association
Website: nhhiga.com
How New Hampshire Taxes Annuity Income
New Hampshire does not impose a broad-based state income tax. For most annuity buyers, this means state-level taxation on withdrawals is zero. The I&D tax that previously applied to interest and dividend income from non-qualified investments is being phased out and will be fully eliminated by 2027.
| Annuity Type | New Hampshire Tax Treatment | State Rate |
|---|---|---|
| Qualified (IRA / 401(k) rollover annuity) | Not subject to New Hampshire income tax | 0% |
| Non-qualified – withdrawal of gains | Annuity income is generally not subject to NH income tax or I&D tax (I&D tax being eliminated) | 0% (or low, being phased out) |
| Social Security income | New Hampshire does not tax Social Security income | 0% |
| Roth IRA annuity | Qualified distributions are fully tax-free at federal and state level | 0% |
| 1035 Exchange | No state or federal tax triggered on the exchange itself | N/A |
New Hampshire does not have a general income tax on retirement income, wages, or most investment withdrawals. The phase-out of the I&D tax further simplifies the picture. If you have questions about specific non-qualified annuity income treatment, consult a New Hampshire tax advisor – the rules can be nuanced for complex situations involving non-qualified contracts. Withdrawals before age 59½ still trigger the 10% federal early withdrawal penalty and federal ordinary income tax on the gain portion.
New Hampshire Insurance Department
The New Hampshire Insurance Department licenses and regulates all insurance carriers and agents operating in New Hampshire. Before purchasing an annuity, verify the carrier’s New Hampshire license and your agent’s active life insurance license in the state.
| Contact | Details |
|---|---|
| Agency | New Hampshire Insurance Department |
| Consumer helpline | 1-800-852-3416 |
| Website | insurance.nh.gov |
| License lookup | Available at insurance.nh.gov |
Tips for Buying an Annuity in New Hampshire
- Your no-income-tax advantage is permanent – use it: Unlike some states that offer temporary tax incentives, New Hampshire’s no-income-tax structure is a constitutional feature of the state. You can plan long MYGA terms with confidence that withdrawals will remain state-tax-free.
- Compare your MYGA rate against New Hampshire bank and credit union CDs: New Hampshire credit unions are often competitive on CD rates. But a MYGA typically outperforms an equivalent CD by 0.50% to 1.00% and provides tax deferral on growth that a CD cannot. In a state with no income tax, the advantage of tax deferral is purely federal – but that is still meaningful at 22% to 24% federal brackets.
- Use an independent broker to shop the full market: Not every national carrier is licensed in New Hampshire. An independent broker with New England experience can identify the carriers offering the best rates with state approval.
- Keep individual carrier exposure under $250,000: Even in a no-income-tax state, guaranty fund limits matter. Spread large portfolios across multiple A-rated carriers.
- Use the 10-day free-look: New Hampshire requires 10 days. Read the full contract before the window closes – especially the surrender schedule and market value adjustment provisions.
Frequently Asked Questions
Does New Hampshire tax annuity income?
No. New Hampshire does not impose a broad-based state income tax on wages, salaries, or retirement income. Qualified annuity withdrawals (from IRA annuities and 401(k) rollovers) are not subject to New Hampshire state income tax. The state’s interest and dividends tax, which applied to some investment income, is being fully eliminated and will be gone by 2027. Most annuity buyers in New Hampshire pay only federal income tax on withdrawals.
What is the best annuity rate in New Hampshire right now?
As of 2026, the best MYGA rates available to New Hampshire residents from A-rated carriers range from approximately 4.50% to 5.50% depending on term. Five-year terms typically offer the strongest rates for most buyers. See the rate table above for current figures updated daily.
How much does the New Hampshire Guaranty Association cover?
The New Hampshire Life and Health Insurance Guaranty Association protects up to $250,000 in annuity present value per person, per insurance company. For investments over $250,000, divide funds across multiple A-rated carriers to maximize guaranty fund protection at each insurer.
Who regulates annuities in New Hampshire?
The New Hampshire Insurance Department licenses and regulates all insurance carriers and agents in New Hampshire. Verify carrier and agent licenses at insurance.nh.gov or by calling 1-800-852-3416.
Is there a free-look period for annuities in New Hampshire?
Yes. New Hampshire requires a minimum 10-day free-look period on all annuity contracts. During this window, you can return the contract for a full premium refund with no surrender charges applied. Some carriers voluntarily offer extended free-look periods of 20 to 30 days, particularly for buyers age 65 and older.