Last updated October 12, 2026. California rates are refreshed weekly; confirm today’s rate before you apply.
Global Atlantic has the strongest California numbers of any carrier in this series this week: the top 5-year S&P 500 cap in the state and MYGAs within reach of the leaders, with no market value adjustment. I’m Kevin Edwards, an independent California annuity agent. Here’s who Global Atlantic is, who owns it, and what it pays in California right now.
Global Atlantic at a Glance
| Owner | KKR (100% since January 2024) |
| Issuing companies | Forethought Life Insurance Company and other Global Atlantic insurers; your contract names the issuer |
| AM Best rating | A (Excellent), affirmed October 2025, stable outlook |
| Sold in California | 3 MYGAs and 12 fixed index annuities in this week’s data |
| Best CA MYGA yield | 6.00% for 5 or 7 years (SecureFore 5 and 7) |
| Best CA S&P 500 cap | 11.25% with a 7-year surrender period (ForeAccumulation II 7) |
Who Owns Global Atlantic?
KKR acquired a majority of Global Atlantic in 2021 and completed its purchase of the remaining 37% on January 2, 2024, making Global Atlantic a wholly owned KKR subsidiary. Global Atlantic kept its own management team and brand.
You may also see the name Forethought. Forethought Life Insurance Company is one of the Global Atlantic insurers AM Best rates, and it is the issuing company on many Global Atlantic annuities.
Global Atlantic’s Financial Strength
In October 2025, AM Best affirmed the A (Excellent) financial strength rating of Global Atlantic’s insurers, including Forethought Life Insurance Company, with a stable outlook. AM Best noted Global Atlantic’s strong position in individual annuities and preneed, and its double-digit growth in invested assets over the prior five years.
Global Atlantic Annuity Rates in California This Week
MYGAs (SecureFore)
| Product | Term | Guaranteed yield | Deposit for this rate | Lowest entry | MVA | Notes |
|---|---|---|---|---|---|---|
| SecureFore 3 | 3 years | 5.65% | $100,000+ | $10,000+ at 5.45% | No | — |
| SecureFore 5 | 5 years | 6.00% | $100,000+ | $10,000+ at 5.80% | No | — |
| SecureFore 7 | 7 years | 6.00% | $100,000+ | $10,000+ at 5.80% | No | — |
Fixed Index Annuities (S&P 500 annual cap)
| Product | Surrender period | S&P 500 cap | Guaranteed min. cap | Riders | Notes |
|---|---|---|---|---|---|
| ForeAccumulation II 5 | 5 years | 11.00% | 1.00% | 2 optional | — |
| ForeIncome II 5 With Income Multiplier Benefit | 5 years | 5.00% | 1.00% | Rider required | — |
| ForeIncome II 5 With Guaranteed Income Builder | 5 years | 4.50% | 1.00% | Rider required | — |
| ForeAccumulation II 7 | 7 years | 11.25% | 1.00% | 2 optional | — |
| ForeIncome II 7 With Income Multiplier Benefit | 7 years | 5.50% | 1.00% | Rider required | — |
| ForeIncome II 7 With Guaranteed Income Builder | 7 years | 5.00% | 1.00% | Rider required | — |
| Income 150+ SE 7 | 7 years | 5.00% | 1.00% | 1 optional | — |
| ForeAccumulation II 10 | 10 years | 11.00% | 1.00% | 2 optional | — |
| ForeIncome II 10 With Income Multiplier Benefit | 10 years | 5.75% | 1.00% | Rider required | — |
| ForeAccumulation II 10 With Premium Enhancement Rider | 10 years | 5.00% | 1.00% | 2 optional | — |
| ForeIncome II 10 With Guaranteed Income Builder | 10 years | 5.00% | 1.00% | Rider required | — |
| Income 150+ SE 10 | 10 years | 5.00% | 1.00% | 1 optional | — |
My Take on Global Atlantic
Where Global Atlantic fits: a strong all-around choice in California this week, for both MYGA and FIA buyers who want an A-rated carrier without an MVA.
- ForeAccumulation II 5 has the highest 5-year S&P 500 cap in California (11.00%), and the 7-year (11.25%) trails only Delaware Life, which carries a lower rating.
- None of the Global Atlantic products here carry a market value adjustment.
- SecureFore 5 and 7 pay 6.00% at $100,000 and still 5.80% from $10,000. That smaller-deposit rate is close to the best available in California.
What to watch: the ForeIncome and Income 150+ versions and the Premium Enhancement Rider version cap out at 4.50% to 5.75%. Choose them only if you’ll use the income or bonus feature, and ask what each rider costs.
How Global Atlantic Compares in California
| Term | Global Atlantic (best) | Best in California | Leader |
|---|---|---|---|
| 3-year MYGA | 5.65% | 5.70% | Oxford Life Multi-Select 3 |
| 5-year MYGA | 6.00% | 6.10% | Aspida Synergy Choice 5 / Axonic Waypoint 5 |
| 7-year MYGA | 6.00% | 6.20% | Oxford Life Multi-Select 7 |
| 5-year S&P 500 cap | 11.00% | 11.00% | Global Atlantic ForeAccumulation II 5 |
| 7-year S&P 500 cap | 11.25% | 11.65% | Delaware Life Retirement Stages Select 7 |
| 10-year S&P 500 cap | 11.00% | 12.00% | Delaware Life Target Growth 10 |
Weighing Global Atlantic against the cap leader? Read my Delaware Life review, or browse all annuity company reviews. Plug any cap into the fixed index annuity calculator to see the range of outcomes.
Frequently Asked Questions
Is Forethought the same as Global Atlantic?
Forethought Life Insurance Company is one of Global Atlantic’s insurance companies and is the issuer on many Global Atlantic annuities. Your contract names the company that issued it.
Who owns Global Atlantic?
KKR. It bought a majority stake in 2021 and the remaining 37% on January 2, 2024, making Global Atlantic a wholly owned KKR subsidiary.
What is Global Atlantic’s AM Best rating?
AM Best affirmed the A (Excellent) financial strength rating of Global Atlantic’s insurers, including Forethought Life, in October 2025 with a stable outlook.
What is Global Atlantic’s best rate in California?
As of October 12, 2026, SecureFore 5 and 7 pay 6.00% on $100,000 or more, and ForeAccumulation II 7 offers an 11.25% S&P 500 annual cap.
Get a Side-by-Side Quote Before You Buy Global Atlantic
I’m an independent agent, so I’m not tied to Global Atlantic or any other carrier. Tell me your deposit, timeline and whether you need income, and I’ll compare Global Atlantic’s products against the rest of the California market and send you the side-by-side. Request a free annuity quote, or call (877) 854-7396.
Sources
- AM Best Affirms Credit Ratings of Global Atlantic Financial Group Limited and Its Subsidiaries (Oct. 2025)
- KKR Completes Acquisition of Remaining 37% of Global Atlantic (Jan. 2, 2024)
- California fixed annuity (MYGA) rates, Fixed Annuity Expert
- California fixed index annuity rates, Fixed Annuity Expert
Rate source: AnnuityRateWatch.com carrier data via AIP Marketing Alliance, retrieved October 12, 2026, filtered to products available to California residents. MYGA rows show guaranteed yield to surrender; FIA rows show the S&P 500 annual point-to-point cap on strategies with a 0% floor, no strategy fee and a stated guaranteed minimum cap. Products sold only through fee-based advisory accounts are excluded. Rates change without notice and must be verified with the issuing carrier at application.
Kevin Edwards, Integrity Now Insurance Brokers. California Insurance License #0D42517. Annuities are insurance products, not bank deposits, and are not FDIC insured. Fixed index annuities are not a direct investment in the stock market or any index; index-linked interest is subject to caps the insurer may change annually, subject to the guaranteed minimum. Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Financial strength ratings are opinions of the rating agency, can change at any time, and are not a guarantee of an insurer’s ability to pay claims. Withdrawals before the end of the surrender period may be subject to surrender charges and market value adjustments; withdrawals of taxable amounts may be subject to ordinary income tax and, if taken before age 59½, a 10% federal tax penalty. This page is independent and is not affiliated with or endorsed by any insurance company named. It is for educational purposes and is not tax or legal advice. Product availability and features vary by state. S&P 500® is a registered trademark of Standard & Poor’s Financial Services LLC.