Power 5 Protector Rate & Reviews

Power 5 Protector

Power 5 Protector is part of The Power Series of Index Annuities — fixed index annuities (FIAs) that are issued by American General Life Insurance Company (AGL). They are insurance contracts, not direct investments in the stock market or any particular index. In exchange for your money (premium), the FIA provides you with the opportunity to earn interest based on specific indices or a fixed rate. When you need income, AGL promises to make regular income payments through annuitization (a process that permanently converts your contract to retirement income for no cost).

RJ Banks
RJ Banks version of this product does not offer 5-yr S&P 500 PTP, PIMCO Crediting Strategies, or 2-yr MLSB PTP strategy

Available in states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	4.15% Fixed
1-Year AQR DynamiQ Allocation PTP Participation Rate	Point to Point Annual	155% Participation
2-Year AQR DynamiQ Allocation PTP Participation Rate	Point to Point Biennial	255% Participation
1-Year AQR DynamiQ Allocation PTP Enhanced Participation Rate	Point to Point Annual	230% Participation
2-Year AQR DynamiQ Allocation PTP Enhanced Participation Rate	Point to Point Biennial	330% Participation
2-Year ML Strategic Balanced PTP Participation Rate	Point to Point Biennial	115% Participation
1-Year ML Strategic Balanced PTP Enhanced Participation Rate	Point to Point Annual	110% Participation
2-Year ML Strategic Balanced PTP Enhanced Participation Rate	Point to Point Biennial	160% Participation
2-Year PIMCO Global Optima PTP Participation Rate	Point to Point Biennial	70% Participation
1-Year PIMCO Global Optima PTP Enhanced Participation Rate	Point to Point Annual	75% Participation
2-Year PIMCO Global Optima PTP Enhanced Participation Rate	Point to Point Biennial	100% Participation
1-Year S&P 500 PTP Enhanced Participation Rate	Point to Point Annual	43% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	9% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	28% Participation
5-Year S&P 500 PTP Cap	Point to Point 5-Year	55% Cap
1-Year PIMCO Global Optima PTP Participation Rate	Point to Point Annual	50% Participation
1-Year ML Strategic Balanced PTP Participation Rate	Point to Point Annual	70% Participation
1-Year Fixed Account	Fixed	4.4% Fixed
1-Year AQR DynamiQ Allocation PTP Participation Rate	Point to Point Annual	170% Participation
2-Year AQR DynamiQ Allocation PTP Participation Rate	Point to Point Biennial	270% Participation
1-Year AQR DynamiQ Allocation PTP Enhanced Participation Rate	Point to Point Annual	245% Participation
2-Year AQR DynamiQ Allocation PTP Enhanced Participation Rate	Point to Point Biennial	345% Participation
2-Year ML Strategic Balanced PTP Participation Rate	Point to Point Biennial	140% Participation
1-Year ML Strategic Balanced PTP Enhanced Participation Rate	Point to Point Annual	135% Participation
2-Year ML Strategic Balanced PTP Enhanced Participation Rate	Point to Point Biennial	185% Participation
2-Year PIMCO Global Optima PTP Participation Rate	Point to Point Biennial	85% Participation
1-Year PIMCO Global Optima PTP Enhanced Participation Rate	Point to Point Annual	90% Participation
2-Year PIMCO Global Optima PTP Enhanced Participation Rate	Point to Point Biennial	115% Participation
1-Year S&P 500 PTP Enhanced Participation Rate	Point to Point Annual	48% Participation
5-Year S&P 500 PTP Cap	Point to Point 5-Year	60% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	10% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	33% Participation
1-Year PIMCO Global Optima PTP Participation Rate	Point to Point Annual	65% Participation
1-Year ML Strategic Balanced PTP Participation Rate	Point to Point Annual	95% Participation

Surrender schedule

Year	1	2	3	4	5
Penalty	8%	7%	6%	5%	4%