Today’s MYGA Rates Available in Wisconsin
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 Wisconsin
Filter by term, carrier rating, and minimum premium — then connect with a licensed Wisconsin agent about any rate you see.
See Today’s Rates →How Wisconsin taxes annuity income
Wisconsin applies graduated income tax rates (3.5%–7.65%) to the taxable portion of annuity distributions. Qualified annuity distributions are fully taxable as ordinary income; non-qualified annuities are taxed only on the earnings portion. Wisconsin offers a modest income-tested retirement income subtraction (up to $5,000) for taxpayers 65 and older, and certain public pension income is exempt.
Wisconsin does not tax Social Security benefits. Federal income tax and the 10% federal early-withdrawal penalty (before age 59½) apply as usual. Verify current subtraction amounts and eligibility with the Wisconsin Department of Revenue.
Source: Wisconsin Department of Revenue — Individual Income Tax
Wisconsin Annuity Regulations
Free Look Period: At least 10 days; see your contract's cover page
Wisconsin 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 Wisconsin Office of the Commissioner of Insurance.
Source: Wisconsin Office of the Commissioner of Insurance — consumer resources
Best Interest Standard: Adopted — effective October 1, 2022
Effective October 1, 2022, Wisconsin holds producers to the NAIC best-interest standard of conduct when recommending an annuity (Wis. Stat. §628.347). 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.
Replacement Rules
Wisconsin 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 Wis. Stat. §628.347.
