Multi-Year Guaranteed Annuity
Clear Income Advantage - FP Series
New York Life Insurance and Annuity Corporation (NYLIAC) · AM Best A++
7-year Guaranteed rate
1% guaranteed
CANNEX via AdvisorWorld · as of July 20, 2026
DB-backed product comparison
Clear Income Advantage - FP Series vs WealthLock MYGA
Decision-first comparison using current product data, carrier backing, review ratings, liquidity, surrender terms, rider mechanics, and sourced disclosures.
Live CANNEX-backed data via AdvisorWorld. Each figure below carries its source and as-of timing.
View product page
VS
Multi-Year Guaranteed Annuity
WealthLock MYGA
Aspida Life Insurance Company · AM Best A-
7-year Guaranteed rate
5.5% guaranteed
CANNEX via AdvisorWorld · as of July 20, 2026
Auto-verdict
Clear Income Advantage - FP Series leads on carrier strength; WealthLock MYGA leads on guaranteed fixed rate; liquidity and surrender period are tied. This compares current accumulation metrics and is not a personalized recommendation.
- On carrier strength, Clear Income Advantage - FP Series has the higher figure (A++ AM Best vs A- AM Best); WealthLock MYGA is lower.
- On guaranteed fixed rate, WealthLock MYGA has the higher figure (5.5% 7-year guaranteed rate vs 1% 7-year guaranteed rate); Clear Income Advantage - FP Series is lower.
- On liquidity, both show 10%/yr free withdrawal.
- On surrender period, both show 7 years surrender period.
Auto-generated from live data, accumulation metrics only, not a recommendation.
Live side by side
Compare on the numbers
Only metrics that apply to this product type are shown. Missing applicable values show unavailable.
| Metric | Clear Income Advantage - FP Series | WealthLock MYGA |
|---|---|---|
| Guaranteed fixed rateDisplayed MYGA guaranteed rate and term. | 1% 7-year guaranteed rate CANNEX via AdvisorWorld · as of July 20, 2026 | 5.5% 7-year guaranteed rateLeading CANNEX via AdvisorWorld · as of July 20, 2026 |
| AM Best ratingCarrier financial strength from the live product/rating feed when available. | A++ AM BestLeading CANNEX via AdvisorWorld · as of July 20, 2026 | A- AM Best CANNEX via AdvisorWorld · as of July 20, 2026 |
| Free withdrawalCurrent annual free-withdrawal percentage for the product. | 10%/yr free withdrawalTie CANNEX via AdvisorWorld · as of July 20, 2026 | 10%/yr free withdrawalTie CANNEX via AdvisorWorld · as of July 20, 2026 |
| Surrender periodShorter surrender period is highlighted as more flexible. | 7 years surrender periodTie CANNEX via AdvisorWorld · as of July 20, 2026 | 7 years surrender periodTie CANNEX via AdvisorWorld · as of July 20, 2026 |
| Annual feeHighest listed annual rider or strategy fee; lower is highlighted. | No annual fee listedTie CANNEX via AdvisorWorld · as of July 20, 2026 | No annual fee listedTie CANNEX via AdvisorWorld · as of July 20, 2026 |
| Income riderAvailability only; rider fit depends on payout, cost, and goals. | No income rider listedTie CANNEX via AdvisorWorld · as of July 20, 2026 | No income rider listedTie CANNEX via AdvisorWorld · as of July 20, 2026 |
| Minimum premiumLower minimum premium is highlighted as easier to access. | $100,000 minimum premiumTie CANNEX via AdvisorWorld · as of July 20, 2026 | $100,000 minimum premiumTie CANNEX via AdvisorWorld · as of July 20, 2026 |
Scenario tool
Which one shows more guaranteed growth?
Guaranteed-growth comparison
Applies each product's live guaranteed MYGA rate to the displayed term.
Clear Income Advantage - FP Series
1% guaranteed · 7-year term
WealthLock MYGA
5.5% guaranteed · 7-year term
On $100,000, the illustrated value at the displayed guaranteed term is:
Clear Income Advantage - FP Series$107,214
WealthLock MYGA$145,468
WealthLock MYGA has the higher illustrated guaranteed value ($145,468 vs $107,214).
Illustrated interest: Clear Income Advantage - FP Series $7,214; WealthLock MYGA $45,468.
Assumptions: annual compounding at the current guaranteed rate for the displayed term. State, premium band, issue age, withdrawal activity, renewal rules, and contract terms can change what is available.
Illustrative tool inputs use live product figures from CANNEX via AdvisorWorld · as of July 20, 2026.
Common questions
Decision FAQs from the same numbers
Is Clear Income Advantage - FP Series or WealthLock MYGA better for growth?
On guaranteed fixed rate, WealthLock MYGA has the higher figure (5.5% 7-year guaranteed rate vs 1% 7-year guaranteed rate); Clear Income Advantage - FP Series is lower.
Is Clear Income Advantage - FP Series or WealthLock MYGA better for income?
On income rider availability, both show No income rider listed. Rider availability is only one income input; payout rates, rider fees, start age, and state availability still need review.
Is Clear Income Advantage - FP Series or WealthLock MYGA better for liquidity?
On liquidity, both show 10%/yr free withdrawal. On surrender period, both show 7 years surrender period. On annual fee, both show No annual fee listed.
How to read this comparison
Compare the product job, not just one number.
Rates matter, but surrender terms, liquidity, rider mechanics, state availability, and carrier strength decide whether a product actually fits.
Rate context
Guaranteed rate and term are the first screen, but premium bands and surrender design still matter.
Control
Free-withdrawal and surrender terms are visible because liquidity can be worth as much as a small rate difference.
Carrier backing
Guarantees are backed by the issuing insurer, so carrier ratings and product availability belong next to the rate table.
Disclosures and sources
Live product figures are sourced from CANNEX via AdvisorWorld and are labeled with source and as-of timing. Product-specific values are shown only when they apply; missing applicable values show unavailable and are not backfilled with stale figures.
The verdict is auto-generated from live accumulation metrics only and is not a recommendation. The crediting and guaranteed-growth tools are illustrative, use the stated assumptions, and are not projections, quotes, or carrier-approved illustrations.
MYGA rates vary by state, premium band, guarantee term, and issue age. Annuity guarantees are backed by the issuing carrier's claims-paying ability and are not FDIC-insured. Educational only.
Use the comparison as a starting point.
Then go back to the main rate pages to see the broader market, or run the whole-income comparison when income guarantees are the question.
Want a personalized version?
Use the public comparison freely. A personalized report is optional when you want projections based on your age, state, premium, and goals.
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