Annuity carrier
American Equity Investment Life Insurance Company
AM Best A · 1 MYGA · 2 FIA in live feed
Comparable MYGA rate · 5-year guaranteed rate
3.75%
CANNEX via AdvisorWorld · as of July 15, 2026
Live carrier comparison
American Equity Investment Life Insurance Company vs New York Life Insurance and Annuity Corporation (NYLIAC)
Carrier-level comparison using current AM Best ratings, live MYGA rates, product-lineup depth, and sourced disclosures.
Live CANNEX-backed data via AdvisorWorld. Each figure below carries its source, with as-of timing when the live feed provides it.
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VS
Annuity carrier
New York Life Insurance and Annuity Corporation (NYLIAC)
AM Best A++ · 5 MYGA in live feed
Comparable MYGA rate · 5-year guaranteed rate
4.7%
CANNEX via AdvisorWorld · as of July 15, 2026
Auto-verdict
New York Life Insurance and Annuity Corporation (NYLIAC) leads on carrier strength, 5-year MYGA rate, 3-year MYGA rate. This compares current live-feed metrics only and is not a personalized recommendation.
- On carrier strength, New York Life Insurance and Annuity Corporation (NYLIAC) has the higher figure (A++ AM Best vs A AM Best); American Equity Investment Life Insurance Company is lower.
- On 5-year MYGA rate, New York Life Insurance and Annuity Corporation (NYLIAC) has the higher figure (4.7% · 5-year guaranteed rate · Secure Term MVA II vs 3.75% · 5-year guaranteed rate · American Equity GuaranteeShield); American Equity Investment Life Insurance Company is lower.
- On 3-year MYGA rate, New York Life Insurance and Annuity Corporation (NYLIAC) has the higher figure (4.65% · 3-year guaranteed rate · Secure Term MVA II vs 3.75% · 3-year guaranteed rate · American Equity GuaranteeShield); American Equity Investment Life Insurance Company is lower.
Auto-generated from live data, current-feed metrics only, not a recommendation.
Live side by side
Compare on the numbers
Only metrics for product types both carriers sell are shown. Missing applicable values show unavailable.
| Metric | American Equity Investment Life Insurance Company | New York Life Insurance and Annuity Corporation (NYLIAC) |
|---|---|---|
| AM Best ratingCarrier financial strength from the live rate feed; higher rating rank is highlighted. | A AM Best CANNEX via AdvisorWorld · as of July 15, 2026 | A++ AM BestLeading CANNEX via AdvisorWorld · as of July 15, 2026 |
| Best 5-year MYGA rateHighest 5-year guaranteed rate returned for each carrier at the same guarantee period. | 3.75% · 5-year guaranteed rate · American Equity GuaranteeShield CANNEX via AdvisorWorld · as of July 15, 2026 | 4.7% · 5-year guaranteed rate · Secure Term MVA IILeading CANNEX via AdvisorWorld · as of July 15, 2026 |
| Best 3-year MYGA rateHighest 3-year guaranteed rate returned for each carrier at the same guarantee period. | 3.75% · 3-year guaranteed rate · American Equity GuaranteeShield CANNEX via AdvisorWorld · as of July 15, 2026 | 4.65% · 3-year guaranteed rate · Secure Term MVA IILeading CANNEX via AdvisorWorld · as of July 15, 2026 |
| MYGA products in live feedDistinct MYGA products returned by the live rate feed; the full shelf may be larger. | 1 MYGA product in live feed CANNEX via AdvisorWorld · as of July 15, 2026 | 5 MYGA products in live feedLeading CANNEX via AdvisorWorld · as of July 15, 2026 |
Current lineups
Top products from each carrier
American Equity Investment Life Insurance Company
Top MYGA products in live feed
Top FIA products in live feed
Rates: CANNEX via AdvisorWorld · as of July 15, 2026
New York Life Insurance and Annuity Corporation (NYLIAC)
Top MYGA products in live feed
Rates: CANNEX via AdvisorWorld · as of July 15, 2026
Common questions
Decision FAQs from the same numbers
Is American Equity Investment Life Insurance Company or New York Life Insurance and Annuity Corporation (NYLIAC) rated higher by AM Best?
On carrier strength, New York Life Insurance and Annuity Corporation (NYLIAC) has the higher figure (A++ AM Best vs A AM Best); American Equity Investment Life Insurance Company is lower. AM Best measures the insurer's claims-paying ability, not product value, so pair it with the rate rows above.
Does American Equity Investment Life Insurance Company or New York Life Insurance and Annuity Corporation (NYLIAC) have higher MYGA rates right now?
On 5-year MYGA rate, New York Life Insurance and Annuity Corporation (NYLIAC) has the higher figure (4.7% · 5-year guaranteed rate · Secure Term MVA II vs 3.75% · 5-year guaranteed rate · American Equity GuaranteeShield); American Equity Investment Life Insurance Company is lower. On 3-year MYGA rate, New York Life Insurance and Annuity Corporation (NYLIAC) has the higher figure (4.65% · 3-year guaranteed rate · Secure Term MVA II vs 3.75% · 3-year guaranteed rate · American Equity GuaranteeShield); American Equity Investment Life Insurance Company is lower. Rates vary by state, premium band, and term, so confirm on each product page.
Who offers more annuity products, American Equity Investment Life Insurance Company or New York Life Insurance and Annuity Corporation (NYLIAC)?
On MYGA lineup in the live feed, New York Life Insurance and Annuity Corporation (NYLIAC) has the higher figure (5 MYGA products in live feed vs 1 MYGA product in live feed); American Equity Investment Life Insurance Company is lower. These counts cover products in the current live rate feed, not every contract the carrier has ever issued.
How to read this comparison
Compare the carrier, then the contract.
A carrier comparison narrows the field; the product pages carry the surrender schedules, state availability, and rider mechanics that decide the actual fit.
Financial strength
Annuity guarantees are only as strong as the insurer behind them, so AM Best ratings sit next to the rate rows.
Rate context
MYGA winners use the same guarantee term on both sides. First-year or step rates can still be inspected by product, but never decide a cross-term carrier verdict.
Lineup depth
Product counts reflect the current live rate feed, a proxy for shelf breadth rather than a complete catalog.
Keep comparing
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Disclosures and sources
Live carrier and product figures are sourced from CANNEX via the AdvisorWorld public API and are labeled with source and as-of timing. Rows are shown only for product types both carriers sell in the live feed; missing applicable values show unavailable and are not backfilled with stale figures.
The verdict is auto-generated from current live-feed metrics only and is not a recommendation. MYGA rate winners compare the same guarantee period on both sides; a higher first-year or step rate is not ranked against a longer guarantee term. Product counts describe the current live feed, not every contract each carrier issues.
Rates vary by state, premium band, guarantee term, and issue age. Caps and participation rates can change. Annuity guarantees are backed by the issuing carrier's claims-paying ability and are not FDIC-insured. Educational only.
Use the carrier comparison as a starting point.
Then open each carrier profile for ratings history and the full live lineup, or go back to the market-wide rate tables.