Fixed Indexed Annuity Calculator
Explore real FIA rates and terms based on current market data. See how different surrender periods, crediting methods, and market conditions affect your potential returns.
FIA Market Data (2021-2025)
5-7%*
Typical Credited Rate Range
Varies by term & market conditions
7-11%
Current Cap Rates
S&P 500 Annual P2P
73.8%
Positive Return Years
Historical analysis
$286B
Total Fixed Annuity Sales 2023
Record year (LIMRA)
5-Year
Short Term
S&P 500 Cap Rate
8.50%
Avg. Credited Rate
5.0%
Surrender Charge (Yr 1)
7%
Best for near-term goals. Lower rates but more flexibility.
7-Year
Most Popular
S&P 500 Cap Rate
9.50%
Avg. Credited Rate
5.75%
Surrender Charge (Yr 1)
8%
Balanced option. Good rates with moderate commitment.
10-Year
Popular
S&P 500 Cap Rate
10.50%
Avg. Credited Rate
6.25%
Surrender Charge (Yr 1)
9%
Strong growth potential with reasonable commitment.
15-Year
Highest Rates
S&P 500 Cap Rate
11.00%
Avg. Credited Rate
6.75%
Surrender Charge (Yr 1)
10%
Maximum growth. Best for retirement-focused savers.
Crediting Method
How your returns are calculated based on index performance
Annual Point-to-Point
Compares index value at start and end of each year. Most common method.
Cap: 9.50%
Monthly Sum Cap
Adds up monthly gains (each capped) over the year. More frequent resets.
Monthly Cap: 2.25%
Participation Rate
Receive a percentage of index gains. Often used with volatility-controlled indexes.
Participation: 50%
Your Investment
How much you typically spend on your card each month
Auto-calculated from spending, or edit directly
One-time starting amount
Selected Parameters
Term Length:
7 years
Crediting Method:
Annual P2P
Cap/Rate Applied:
9.50%
Effective Rate Used:
5.75%
Projected Outcome
Based on 7-year term with historical average returns
Estimated Account Value
$8,057
+$1,337 growth from FIA
Total Contributions
$6,720
FIA Growth
$1,337
Effective Annual Return
5.75%
vs. 1% Cash Back
+$4,697
Growth Over Time
Contributions
FIA Growth
Important: These projections are hypothetical and for illustrative purposes only. Actual FIA returns depend on index performance, cap rates at renewal, and your specific contract terms. Past performance does not guarantee future results. FIAs have surrender charges if withdrawn early.
FIA vs. Other Annuity Types
Understanding your options for guaranteed retirement income
| Type | How It Works | Typical Returns | Risk | Best For |
|---|---|---|---|---|
| Fixed Indexed (FIA) | Returns linked to index (S&P 500) with caps; principal protected | 3-8% (varies) | No downside risk | Growth + protection |
| Multi-Year Guaranteed (MYGA) | Fixed rate guaranteed for entire term (like a CD) | 5-6.5% fixed | Zero risk | Predictable income |
| Fixed Annuity | Declared rate, may change annually after first year | 4-5.5% (current) | Low risk | Conservative savers |
| Variable Annuity | Invested in sub-accounts (mutual funds); value fluctuates | -20% to +20% | Market risk | Aggressive growth |
| Immediate Annuity | Lump sum converts to lifetime income stream | 5-7% payout rate | Longevity risk | Retirees needing income |
Data Sources & References
- Annuity.org - Fixed Indexed Annuity Cap Rates
- MyAnnuityStore - Fixed Index Annuity Rates 2026
- ImmediateAnnuities.com - Best Fixed Index Annuities
- AnnuityExpertAdvice - Best FIA Rates Comparison
- LIMRA: $286.2B combined FIA + Fixed annuity sales in 2023 (record year)
*Credited rates vary significantly based on contract terms, cap rates at time of purchase, index performance, and market conditions. Historical averages are illustrative and should not be relied upon for investment decisions.