Fixed index annuity review and rates

Power 7 Protector

The Power 7 Protector Index Annuity offers you a valuable combination of growth potential, principal protection from market downturns, and guaranteed income for life. This blend of accumulation and income, features may be the solution to achieving the retirement you envision. 
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
4.25% Fixed
2-Year AQR DynamiQ Allocation PTP Enhanced Participation Rate
Point to Point
Biennial
340% Participation
1-Year AQR DynamiQ Allocation PTP Enhanced Participation Rate
Point to Point
Annual
240% Participation
2-Year AQR DynamiQ Allocation PTP Participation Rate
Point to Point
Biennial
265% Participation
1-Year AQR DynamiQ Allocation PTP Participation Rate
Point to Point
Annual
165% Participation
2-Year ML Strategic Balanced PTP Enhanced Participation Rate
Point to Point
Biennial
175% Participation
1-Year ML Strategic Balanced PTP Enhanced Participation Rate
Point to Point
Annual
115% Participation
2-Year ML Strategic Balanced PTP Participation Rate
Point to Point
Biennial
120% Participation
2-Year PIMCO Global Optima PTP Enhanced Participation Rate
Point to Point
Biennial
115% Participation
1-Year PIMCO Global Optima PTP Enhanced Participation Rate
Point to Point
Annual
80% Participation
2-Year PIMCO Global Optima PTP Participation Rate
Point to Point
Biennial
80% Participation
1-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Annual
53% Participation
1-Year ML Strategic Balanced PTP Participation Rate
Point to Point
Annual
75% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
38% Participation
1-Year PIMCO Global Optima PTP Participation Rate
Point to Point
Annual
50% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
9.5% Cap
1-Year Fixed Account
Fixed
4.5% Fixed
2-Year AQR DynamiQ Allocation PTP Enhanced Participation Rate
Point to Point
Biennial
355% Participation
1-Year AQR DynamiQ Allocation PTP Enhanced Participation Rate
Point to Point
Annual
255% Participation
2-Year AQR DynamiQ Allocation PTP Participation Rate
Point to Point
Biennial
280% Participation
1-Year AQR DynamiQ Allocation PTP Participation Rate
Point to Point
Annual
180% Participation
2-Year ML Strategic Balanced PTP Enhanced Participation Rate
Point to Point
Biennial
200% Participation
1-Year ML Strategic Balanced PTP Enhanced Participation Rate
Point to Point
Annual
140% Participation
2-Year ML Strategic Balanced PTP Participation Rate
Point to Point
Biennial
145% Participation
2-Year PIMCO Global Optima PTP Enhanced Participation Rate
Point to Point
Biennial
130% Participation
1-Year PIMCO Global Optima PTP Enhanced Participation Rate
Point to Point
Annual
95% Participation
2-Year PIMCO Global Optima PTP Participation Rate
Point to Point
Biennial
95% Participation
1-Year S&P 500 PTP Enhanced Participation Rate
Point to Point
Annual
58% Participation
1-Year ML Strategic Balanced PTP Participation Rate
Point to Point
Annual
100% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
43% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
10.5% Cap
1-Year PIMCO Global Optima PTP Participation Rate
Point to Point
Annual
65% Participation

Surrender schedule

Year 1 2 3 4 5 6 7
Penalty 8% 7% 6% 5% 4% 3% 2%
American General Life Insurance Company
Founded: 1919
A.M. Best: A
Fitch: A+
S&P: A
Moody's: A2
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
7 years
Return of premium
Market value adjustment
Minimum contribution
$25,000
Types of funds
Non-Qualified, 401k, IRA, Spousal IRA, IRA Rollover, TSA 403b, SEP IRA, IRA-Roth, 1035 Exchange, Stretch IRA, Inherited IRA, NQ Stretch, and TSP