Today’s MYGA Rates Available in Vermont
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 Vermont
Filter by term, carrier rating, and minimum premium — then connect with a licensed Vermont agent about any rate you see.
See Today’s Rates →How Vermont taxes annuity income
Vermont is one of the higher-tax states for retirement income, and honest planning starts there. Graduated rates run from 3.35% to 8.75%, and the taxable portion of annuity distributions is taxed as ordinary income — qualified annuities fully, non-qualified annuities on the earnings portion — with no broad pension or annuity exclusion for private retirement income.
Vermont is also one of the few states that still partially taxes Social Security benefits, with an income-based exemption shielding lower- and middle-income retirees. For Vermont retirees, tax-deferred accumulation and careful withdrawal sequencing matter more than in most states — coordinate annuity income timing with a Vermont tax professional.
Source: Vermont Department of Taxes — Individual Income Tax
Vermont Annuity Regulations
Free Look Period: At least 10 days; see your contract's cover page
Vermont 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 Vermont Department of Financial Regulation.
Source: Vermont Department of Financial Regulation — consumer resources
Best Interest Standard: Adopted — effective July 5, 2024
Effective July 5, 2024, Vermont holds producers to the NAIC best-interest standard of conduct when recommending an annuity (Vermont Insurance Regulation I-2023-01). 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: Vermont Insurance Regulation I-2023-01 — Vermont DFR
Replacement Rules
Vermont 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 Vermont's standard of conduct.
Source: Vermont Department of Financial Regulation — consumer resources
