Fixed index annuity review and rates

X5 Accelerator

X5 Accelerator Annuity issued by American General Life Insurance Company (AGL), a new solution designed to help your clients prepare for retirement with greater confidence by helping them grow their premium, protect against market downturns, and add a source of guaranteed income they can’t outlive. The benefits of X5 Accelerator include: 
  • Income growth potential based in part on postive index performance with a 250% Income Base Multiplier before Lifetime Income Activation.
  • After withdrawals begin, lifetime income may continue to grow with a 100% Income Base Multiplier. 
  • Legacy and Care options to help protect against life’s unexpected events.

Rider Bonus
35% Initial Income Base Bonus, immediately increasing the income base and future lifetime income. Please see Guaranteed Lifetime Income rider description for details.  
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, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VI, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
10-Year strategy 2-Year Morgan Stanley Expanded Horizons PTP Participation Rate with Spread
X5 Biannual
10-Year
220% Participation
10-Year strategy 2-Year PIMCO Global Elite Markets PTP Participation Rate with Spread
X5 Biannual
10-Year
220% Participation
5-Year strategy 1-Year Morgan Stanley Expanded Horizons PTP Participation Rate with Spread
X5 Annual
5-Year
170% Participation
5-Year strategy 1-Year PIMCO Global Elite Markets PTP Participation Rate with Spread
X5 Annual
5-Year
170% Participation
1-Year Morgan Stanley Expanded Horizons PTP Participation Rate with Spread
Point to Point
Annual
130% Participation
1-Year PIMCO Global Elite Markets PTP Participation Rate with Spread
Point to Point
Annual
130% Participation
1-Year S&P 500 DRC 7% ER PTP Participation Rate with Spread
Point to Point
Annual
90% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 10% 10% 10% 9% 8% 6% 5% 4% 3% 1%

Riders

Name Inbuilt Fee
X5 Accelerator Guaranteed Lifetime Income (illustration currently not available) Yes 1.00% annually
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
10 years
Return of premium
Market value adjustment
Minimum contribution
$25,000
Types of funds
Non-Qualified, 401k, IRA, and SEP IRA