American Gulf Launches Anchor MYGA: Market-Leading Multi-Year Guaranteed Annuity Offering Up to 6.30% - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Annuity News
Newswires RSS Get our newsletter
Order Prints
October 14, 2025 Newswires
Share
Share
Post
Email

American Gulf Launches Anchor MYGA: Market-Leading Multi-Year Guaranteed Annuity Offering Up to 6.30%

Business Wire

FLOWOOD, Miss.--(BUSINESS WIRE)--
American Gulf today announced the official launch of its flagship fixed annuity, the Anchor MYGA, offering guaranteed growth, simplicity, and one of the highest fixed rates in the market – up to 6.30%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251014157812/en/

Issued by Gulf Guaranty Life Insurance Company, rated B++ (Good) by AM Best, the Anchor MYGA provides consumers with predictable, tax-deferred accumulation and free Required Minimum Distributions (RMDs) for qualified accounts. Designed for savers seeking stable returns without market volatility, it is available in 5-, 6-, and 7-year terms.

Key Features of the Anchor MYGA

  • Top-of-Market Rates: Up to 6.30% guaranteed, depending on term.

  • Multiple Term Options: Available in 5-, 6-, and 7-year durations.

  • Guaranteed Growth: Fixed, tax-deferred accumulation with full principal protection.

  • Free RMD Withdrawals: Qualified accounts may take annual RMDs without withdrawal charges.

  • Simple and Transparent: No market risk, hidden fees, or complex riders – just guaranteed returns and security.

Confidence, Strength, and Stability

As consumers increasingly seek safe and predictable alternatives to volatile markets, the Anchor MYGA delivers guaranteed returns backed by the financial strength of Gulf Guaranty Life Insurance Company.

“With our Anchor MYGA, we’re offering clients one of the most competitive fixed annuity solutions in the country – built on security, simplicity, and long-term value,” said Sherry Lang, Director of Annuity Products at American Gulf. “We believe in products that are easy to understand, deliver exceptional value, and provide confidence for the future.”

To learn more about the Anchor MYGA, visit www.americangulf.com or contact your financial professional.

About American Gulf

American Gulf is the marketing brand of Gulf Guaranty Life Insurance Company and reflects the company’s renewed strategic focus on delivering retirement and financial protection solutions tailored to today’s evolving needs. Backed by the strength of Acturion and over 50 years of insurance experience, American Gulf combines disciplined risk management with forward-looking product innovation to serve individuals and families across the U.S. For more information, please visit www.americangulf.com.

Since 1970, Gulf Guaranty Life Insurance Company has provided life insurance solutions to meet the financial protection needs of individuals and families. It operates under the American Gulf brand, focusing on retirement and financial protection offerings. The company holds an A.M. Best Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good), with an outlook of stable, reflecting its very strong balance sheet strength, consistent financial performance, and disciplined risk management approach.

Annuities are long-term products designed for retirement. A fixed annuity is a contract between consumers and an insurance company that, in exchange for their premium (earning a fixed rate of interest), offers a stream of guaranteed income payments.

Earnings are subject to taxation upon withdrawal. Early withdrawals may be subject to a market value adjustment. Partial withdrawals may reduce benefits available under the contract as well as the amount available upon a full surrender. Withdrawals of taxable amounts are subject to ordinary income tax, and if taken prior to age 59½, an additional 10% federal tax may apply.

Tax-qualified plans such as IRAs, 401(k)s or 403(b) plans are tax deferred regardless of whether or not they are funded with an annuity. Consumers should only use an annuity in a tax-qualified plan if they want to benefit from features other than tax deferral.

This material is general in nature, was developed for educational use only, and is not intended to provide financial, legal, fiduciary, accounting or tax advice, nor is it intended to make any recommendations. Applicable laws and regulations are complex and subject to change. Please consult with your financial professional regarding your situation. For legal, accounting or tax advice consult the appropriate professional.

All contract and benefit guarantees including any fixed account crediting rates or annuity rates are backed by the claims-paying ability of the issuing insurance company. Rates are subject to change prior to contract issue.

Annuities are issued by Gulf Guaranty Life Insurance Company, Flowood, MS. Anchor MYGA Contract Numbers are form ID ICC25-AGLIC-MYGA, or state variations thereof. The underwriting risks, financial and contractual obligations, and support functions associated with the annuities issued by Gulf Guaranty Life Insurance Company are its responsibility. Gulf Guaranty Life Insurance Company does not solicit, issue or deliver policies in all states. Annuities and riders may vary by state and are not available in all states. This material is not intended for use in the states where Gulf Guaranty Life Insurance Company is not licensed. For a current list of licensed states please visit americangulf.com.

Not FDIC or NCUA/NCUSIF Insured

May Lose Value • No Bank or Credit Union Guarantee

Not a Deposit • Not Insured by any Federal Government Agency

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20251014157812/en/

For media inquiries, please contact:

Ms. Maritza Pizarro
Email: media@americangulf.com

Phone: 787-589-8515

Source: American Gulf

Older

THE AMERICAN DIABETES ASSOCIATION APPLAUDS CALIFORNIA'S ACTION TO CAP COPAYMENTS FOR INSULIN ON STATE-REGULATED HEALTH PLANS

Newer

LLC expenses cheat sheet: 16 tax write-offs for businesses

Advisor News

  • When a client moves, their insurance plan needs to move, too
  • A rising retirement challenge: The license to spend
  • Financial stress leaves less room for retirement saving
  • Giving while you’re living: 3 frequently asked questions about gifting
  • Helping clients prepare for one of their biggest retirement expenses
More Advisor News

Annuity News

  • Global Atlantic names Dan Farrelly head of IMO and IBD channels
  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
More Annuity News

Health/Employee Benefits News

  • Georgia trims payments for foster children’s autism therapy
  • ATTORNEY GENERAL KEN PAXTON INVESTIGATES UNITEDHEALTH GROUP FOR DENYING PATIENTS THE COVERAGE THEY NEED AND ENGAGING IN DECEPTIVE PRACTICES
  • Trump announces $90 payment to Medicare Part B enrollees
  • Former CEO of health insurance giant Trigon dies
  • As immigrant Medicaid cuts take effect, some in WA can keep their coverage
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Study Results from Cornell University in the Area of Insurance Reported (Regulatory Competition In the Us Life Insurance Industry): Insurance
  • AM Best Comments on Issuer Credit Ratings of Pacific Life Insurance Company’s Commercial Paper Following Amendment to Program
  • AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Subsidiaries
  • ICICI Life Insurance names Sidharatha Mishra managing director, CEO
  • Lawsuit alleges companies collected $30 million in ‘illegal wager on human life’
Sponsor
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.