Today’s MYGA Rates Available in Missouri

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.

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Filter by term, carrier rating, and minimum premium — then connect with a licensed Missouri agent about any rate you see.

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Rates are subject to change and are not guaranteed until a policy is issued and accepted. Not FDIC-insured. Not a deposit. Guarantees are subject to the claims-paying ability of the issuing insurer. Product availability varies by state.
Tax information is compiled from publicly available state sources and was last reviewed in June 2026. Verify current rules with the state revenue department or a qualified tax professional.

How Missouri taxes annuity income

Missouri applies graduated income tax rates with a top rate of 4.7% (under a trigger-based schedule of continuing reductions) 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. Missouri provides a public pension exemption for government retirement benefits; private annuities and IRA distributions generally do not qualify.

Good news for retirees: Missouri no longer taxes Social Security benefits — the prior income-based limits were eliminated. Federal income tax and the 10% federal early-withdrawal penalty (before age 59½) apply as usual. Verify the current-year rate with the Missouri Department of Revenue, as trigger-based reductions continue.

Source: Missouri Department of Revenue — Individual Income Tax

This information is for general educational purposes only and does not constitute tax advice. Tax laws change frequently. Consult a qualified tax professional for advice specific to your situation. Annuity.com does not provide tax, legal, or accounting advice.
Regulatory information is summarized from official state sources cited below and was last reviewed in June 2026. Always verify current requirements with the Missouri Department of Commerce and Insurance (DCI).

Missouri Annuity Regulations

Free Look Period: At least 10 days; see your contract's cover page

Missouri 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 Missouri Department of Commerce and Insurance.

Source: Missouri Department of Commerce and Insurance — consumer resources

Best Interest Standard: Adopted — effective August 30, 2024

Effective August 30, 2024, Missouri holds producers to the NAIC best-interest standard of conduct when recommending an annuity (20 CSR 400-5.900; DCI Insurance Bulletin 24-07). 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: 20 CSR 400-5.900 — Missouri DCI (Bulletin 24-07)

Replacement Rules

Missouri 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 20 CSR 400-5.900.

Source: Missouri Department of Commerce and Insurance — consumer resources

Regulatory information is summarized for educational purposes and may not reflect the most recent legislative or administrative changes. This content does not constitute legal advice. Consult the Missouri Department of Commerce and Insurance (DCI) or a qualified insurance professional for the most current requirements.

Annuity Agents in Missouri

Licensed annuity agents serve Missouri through the Annuity.com network.

Agents Licensed in Missouri

Brett Blake
Brett Blake, MBA
Licensed Agent · 2 years
MBA
Gilbert, Arizona
View Profile
Brian Beavers
Brian Beavers
Licensed Agent · 14 years
Certified Asset Protection PlannerNational Social Security AdvisorCertification in Long-Term Care
Sachse, Texas
Social Security, Long-Term Care, Asset Protection
View Profile
Wesley Heberling
Wesley Heberling
Licensed Agent · 2 years
Benicia, California
View Profile
Chris Harding
Chris Harding
Licensed Agent
Pineville, Kentucky
View Profile
Bryan Levy
Licensed Agent
Aurora, Colorado
View Profile

Related Resources

MYGA Guide: How Multi-Year Guaranteed Annuities WorkFixed Annuities ExplainedWhat Is Your Number? — Retirement Income CalculatorAnnuity Glossary — Every Term DefinedHow Annuities Are Taxed — Qualified vs. Non-QualifiedFor Agents: Serve Missouri Clients with Annuity.com

Frequently Asked Questions

Does Missouri tax annuity income?

Yes, at graduated rates topping out at 4.7% (with trigger-based reductions continuing). Public pensions qualify for an exemption; private annuities and IRA distributions generally do not. Missouri no longer taxes Social Security benefits at any income level.

Does Missouri still tax Social Security?

No. Missouri eliminated its tax on Social Security benefits, removing the prior income-based limits. Annuity income remains taxable, so coordinating the two income sources is worth planning around.

What is the free look period for annuities in Missouri?

Missouri annuity contracts include a free look period of at least 10 days for most contracts, with the exact period stated on your contract's cover page. During this window you may return the contract for a full refund.

Does Missouri require annuity agents to act in my best interest?

Yes. Effective August 30, 2024, Missouri holds producers to the NAIC best-interest standard (20 CSR 400-5.900). Agents must act in the consumer's best interest and complete a 4-hour best-interest training course.

How do I verify a Missouri annuity agent's license?

Use the Missouri DCI license lookup at insurance.mo.gov to confirm any agent holds an active Missouri insurance license.

Data Disclosure: State-specific regulatory and tax information presented on this page is compiled from the official sources cited inline, including state insurance department publications, state statutes, and state revenue department resources. This information is provided for educational purposes only and may not reflect the most recent changes. Verify all details with the appropriate state regulatory body or a licensed professional before making any financial decision.

Our Agents are licensed to sell insurance products, including annuity products that guarantee retirement income based on the financial strength of the insurance company providing the product. Product availability varies by state. Annuities may not be suitable for everyone.

Guarantees are not government-backed or provided by Annuity.com, Inc. Annuities are not deposits, not insured by the FDIC or any federal government agency, and not guaranteed by any bank or savings association.

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