The short version
As of October 1, 2026 the contract credits 6.25%. That is a snapshot of the current rate sheet, not a permanent number — carriers reprice these contracts regularly, and the rate you get is the one in force the day your application is issued.
What you give up is access. Money committed here is under a surrender charge for 5 years, and there is no index, no market participation, and no return above the declared rate.
How this contract works
A multi-year guaranteed annuity works the way a bank CD works, with an insurance company in place of the bank. You hand over a single premium, the carrier credits a declared rate, and the interest compounds inside the contract without being taxed until it comes out. The guarantee is a contractual obligation of Revol One Financial, backed by the company's own reserves — not by the FDIC, and not by any bank.
The rate is locked for the guarantee period. Once the 5 years of surrender charges are behind you, the contract typically offers a window to take the money, renew into a new guarantee period at whatever rate is then being offered, or annuitize it into an income stream. What that window looks like is contract-specific — check the carrier's disclosure before you count on it.
The declared rate is guaranteed for 5 years, the same period the surrender charge runs, so the guarantee and the commitment end together.
The minimum premium is $10,000, and the carrier will issue the contract up to age 90 with non-qualified money and age 85 with qualified money.
| Guarantee | Rate | In force since |
|---|---|---|
| 5-year guarantee | 6.25% | 2026-10-01 |
Getting your money out
We do not have a free-withdrawal allowance we can state for this contract from either the carrier's filed rate data or its brochure, so we are not going to guess at one. Ask for it in writing before you sign anything.
The surrender charge starts at 9% in year 1 and steps down to 5% in year 5; some states or issue ages carry a different schedule, and each one is in the table below. Those percentages come off the amount you withdraw, which is why an early exit from a fixed annuity can return less than you put in even though the account value itself never fell.
This contract also carries a market value adjustment. On top of the surrender charge, an early withdrawal is adjusted up or down depending on how interest rates have moved since the contract was issued — if rates have risen, the adjustment works against you. It applies only to withdrawals above the free amount during the surrender period.
This contract files more than one surrender schedule. The one that applies depends on the state where the contract is issued and, where shown, your age at issue.
Fees and tradeoffs
Our rate data carries no fee figure and no rider for this contract. That is a gap in the data, not proof that neither exists — waiver-type riders such as a nursing-home or terminal-illness benefit sit entirely outside what it reports, so check the carrier's brochure or ask the carrier directly before treating the contract as costless. What is certain is that the carrier is compensated either way: its margin is built into the declared rate, which is why comparing the rate against other contracts of the same length matters more than hunting for a fee schedule.
The real tradeoffs on a contract like this are tax and timing, not fees. Gains come out as ordinary income rather than capital gains, and a withdrawal before age 59½ generally carries a 10% IRS penalty on top of the tax. Neither is a reason to avoid the product; both are reasons it suits money you have already decided not to touch.
Who this fits
This contract fits money with a known holding period — someone who can genuinely leave the premium alone for 5 years and would rather have a fixed number than a range of outcomes. In practice that is often a maturing CD, a bond ladder rung, or cash earmarked for a spending date that is already on the calendar.
It does not fit an emergency fund, money that may be needed for a medical or housing event, or a buyer who wants the account to keep pace with inflation — a declared rate does not adjust when inflation moves. Anyone under 59½ should weigh the tax penalty before treating this as a savings account.
The carrier
Every guarantee in this contract is only as good as Revol One Financial, which currently holds an A.M. Best financial strength rating of B++. An annuity is not FDIC insured; the backstop is the carrier's own balance sheet, with state guaranty association coverage behind it at limits that vary by state.
The contract is filed in 1 state, not including New York — New York files its own annuity products, so a New York resident is shopping a different and much smaller shelf.
- Death Benefit
- Greater of Cash Surrender Value or Minimum Guaranteed Surrender Value; optional rider available for Full Account Value Death Benefit with Terminal Illness and Nursing Home surrender charge waivers
- Minimum Guaranteed Surrender Value
- 87.5% of premium at 0.15%-3%
- RMD Treatment
- RMD-friendly: surrender charges waived on IRS required minimum distributions.
- Withdrawal Provisions
- No standard penalty-free withdrawal percentage disclosed; optional rider (-0.10% rate reduction) provides RMD-based penalty-free withdrawals.
- Waiver Riders
- Optional Terminal Illness and Nursing Home surrender charge waiver rider (bundled with Full Account Value Death Benefit rider)
Frequently asked questions
What rate does the DirectGrowth MYGA 5-Year pay right now?
As of October 1, 2026, 6.25%. That is the carrier's current declared rate and it changes without notice.
Is my money locked up for 5 years?
Not locked, but charged. You can take money out at any time; withdrawals above the free allowance during the 5 years surrender period are reduced by the surrender charge for that year, plus a market value adjustment.
What happens at the end of the guarantee period?
Contracts generally give you a short window to surrender without a charge, renew into a new guarantee period at the rate then being offered, or convert the balance into income payments. The renewal rate is not known in advance and is usually not the rate you started with — check the carrier's disclosure for the exact window.
Are there annual fees?
The carrier is compensated through the spread between what it earns on its portfolio and the rate it credits you, and that is already reflected in the declared rate. Beyond that, our rate data doesn't carry a fee figure or a rider for this contract, so we can't tell you whether either exists — that's a gap in the data, not evidence there is none, and waiver benefits in particular sit outside what it reports. Ask the carrier in writing before treating the contract as costless.
Is this FDIC insured?
No. Annuities are issued by insurance companies and are not guaranteed by any bank or by the FDIC. The guarantee is Revol One Financial's contractual obligation, backed by its reserves, with state guaranty association coverage behind it at limits that vary by state.
What happens if I die before the term ends?
Greater of Cash Surrender Value or Minimum Guaranteed Surrender Value; optional rider available for Full Account Value Death Benefit with Terminal Illness and Nursing Home surrender charge waivers This is stated in the carrier's brochure as of 2026-08-09; confirm it against the contract you are actually issued.
