Correction: TIAA Rolls Out New Fixed-Rate Annuity With Flexible Premiums
January 28, 2026 by Cyril Tuohy
Wink’s correction: “My commentary was based on the TIAA press release. Specific product features about offering different crediting terms within the same product were previously undisclosed/miscommunicated in the press release. Please take my comments in context, given this information.” -Sheryl J. Moore
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Following several years of explosive growth when interest rates began to climb in March 2022, MYGA sales have cooled with the recent Federal Reserve rate cuts. Third-quarter MYGA sales rose less than 1% industrywide from a year ago to $42.6 billion, according to life and annuity industry tracker Wink.
Wink CEO Sheryl Moore said 47 MYGA contracts currently on the market allow owners to make additional payments — or flexible premiums — at any time during a term.
Flexible premiums typically mean that owners can make additional payments within the first 90 days, she said. Of the 793 MYGAs in the Wink database, 113 are grouped as offering some level of flexible premium, she also said.
Read the full story at Life Annuity Specialist
