Wichita National annuity review.
A small carrier that has topped national MYGA rate boards from the B+ tier — the purest example of the rate-versus-rating trade in the current market. This page is the sizing discipline that should come with that rate.
The issuer behind the guarantee.
An annuity guarantee is a promise from one company, sometimes lasting forty years. The product matters less than the balance sheet standing behind it.
| AM Best rating | B+ (Good) |
|---|---|
| Rating tier | Two grades below A-, in AM Best's Good band |
| Market pattern | Periodic top-of-board MYGA rates |
| Products | Multi-year guaranteed annuities |
| Best fit | Premiums sized within state guaranty limits |
| Verify at | AM Best and your state guaranty association |
Checked against public sources on 19 August 2026. Ratings change without notice — a rating without a date is not a rating.
B+ at the top of a rate board is the market working exactly as designed
Wichita National has at times posted the single highest MYGA rate in the country — from a B+ rating, two full grades below the A- carriers and four below A+. That is not an anomaly; it is the mechanism. Carriers without a strength rating to sell must pay more for your premium, and the increment is your compensation for their credit profile. The trade is legitimate at the right size: your state guaranty association limit is the number that defines 'right size,' because within it, the association backstops the contract if the carrier fails, and beyond it, you are an unsecured creditor of a B+ company. Check your state's limit at NOLHGA, keep the premium under it with room to spare, and the top-of-board rate becomes a defensible purchase instead of a concentrated bet.
Three things to understand about Wichita National.
Small carriers demand primary-source verification, so here is the checklist
Before wiring anything: the carrier's current AM Best rating and outlook, your state's guaranty limit at NOLHGA, whether the carrier is licensed in your state at your insurance department's site, and the contract's guaranteed minimum renewal rate. Twenty minutes, four sources, and every one of them will still matter in year six.
The rate board position rotates, and that is informative
B-tier leadership of the rate tables rotates among a handful of small carriers as each adjusts pricing. If the top rate is your reason for choosing a carrier, note that the identical logic will point somewhere else next quarter. Laddering across several carriers — each under the guaranty limit — captures the tier's yield without concentrating in any one name.
What we could not verify, stated plainly
Wichita National publishes far less public financial detail than large carriers, and third-party coverage is thin. That opacity is normal for its size and is itself an input: the less independently verifiable a carrier is, the more the guaranty-limit discipline above is doing all of the work in your safety analysis.
How to read any carrier.
Palm Wealth Capital publishes independent annuity research and education. No carrier pays for placement on this site. Nothing here is individualized investment, tax, or legal advice, and no page on this site is a recommendation to buy or avoid any contract. Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurance company.
Holding a Wichita National contract — or being shown one?
Send the illustration or statement. We will check Wichita National’s current AM Best rating and outlook against the date on this page, read the surrender schedule and any market value adjustment, price the riders, and tell you what the guaranteed terms are rather than the illustrated ones. If the answer is that you don’t need it, that is the answer you get — there is nothing here for us to sell you.