A method and system for bits and coding assignment utilizing Eigen beamforming with fixed rates for a closed loop WLAN is provided. Aspects of the method for communicating information in a communication system may comprise transmitting data via a plurality of radio frequency (RF) channels utilizing a plurality of transmitting antennas and receiving feedback information related to the plurality of RF channels. Bits may be assigned for transmission via at least one of the plurality of RF channels based on the feedback information. At least a portion of subsequent data having at least a first coding rate based on the assignment of bits may be transmitted via at least one of the plurality of RF channels. The method may also comprise receiving data via a plurality of RF channels utilizing a plurality of receiving antennas, and transmitting feedback information related to the plurality of RF channels.