Today’s MYGA Rates Available in Louisiana
Multi-year guaranteed annuity (MYGA) rates change frequently and availability varies by state. Rather than show a snapshot that goes stale, we maintain a live comparison of 2,400+ products from 60+ carriers, updated from industry rate feeds.
Compare live MYGA rates for Louisiana
Filter by term, carrier rating, and minimum premium — then connect with a licensed Louisiana agent about any rate you see.
See Today’s Rates →How Louisiana taxes annuity income
Louisiana applies a flat income tax of 3% (effective with the state's 2025 tax reform) to the taxable portion of annuity distributions. Qualified annuity distributions (IRA or 401(k) rollovers) are fully taxable as ordinary income; non-qualified annuities are taxed only on the earnings portion under exclusion-ratio rules.
Retiree-friendly rules: Louisiana does not tax Social Security benefits, and taxpayers age 65 and older may exempt up to $6,000 per year of annual retirement income — defined to include pension and annuity income — under La. R.S. 47:44.1(A). Federal, state, and military pension income is fully exempt. Federal income tax and the 10% federal early-withdrawal penalty (before age 59½) apply as usual.
Source: La. R.S. 47:44.1 — Louisiana Department of Revenue
Louisiana Annuity Regulations
Free Look Period: At least 10 days; see your contract's cover page
Louisiana annuity contracts include a free look period — a window after delivery during which you may return the contract for a full refund with no surrender charges. The minimum period is at least 10 days for most contracts, with the exact terms stated on your contract's cover page.
Carriers may offer longer periods than the state minimum. Confirm current requirements with the Louisiana Department of Insurance.
Source: Louisiana Department of Insurance — consumer resources
Best Interest Standard: Adopted — effective September 20, 2024
Effective September 20, 2024, Louisiana holds producers to the NAIC best-interest standard of conduct when recommending an annuity (La. Ins. Reg. 89, LAC 37:XIII, Ch. 117). The producer must act in the consumer's best interest — satisfying care, disclosure, conflict-of-interest, and documentation obligations — and may not place their own financial interest ahead of the consumer's. Producers must complete a 4-hour best-interest training course before selling annuities, and insurers must maintain supervision systems.
Source: La. Ins. Reg. 89 (LAC 37:XIII, Ch. 117) — Louisiana Department of Insurance
Replacement Rules
Louisiana requires consumer protections when an existing annuity or life insurance policy is replaced:
- A written replacement notice identifying the contracts being replaced and disclosing surrender charges, benefits, and features being given up.
- Notification to the existing insurer.
- A documented best-interest basis for the recommendation under La. Ins. Reg. 89.
Source: Louisiana Department of Insurance — consumer resources
