Fixed index annuity review and rates

X5 Advantage

Income Activation
The client can activate any time on or after the 10th Contract Anniversary.

Interest Earnings 
At the end of the Strategy Term, Index Term performance is compounded and interest is credited to the account. Full Interest Earnings, if any, on Preferred Withdrawals and Death. Partial Interest Earnings, if any, on Non-Preferred Withdrawals. A Non-Preferred Withdrawal is any withdrawal in excess of the Preferred Withdrawals. All Non-Preferred Withdrawals receive Partial Interest Earnings, which reflect the prorated Crediting Strategy performance at the time of the withdrawal.  and the portion of Enhanced Income Amount greater than the( MAWA ) The Maximum Annual Withdrawal Amount is the maximum amount of income the client can take each year. Withdrawals can begin as early as the 10th contract anniversary. 

  • The 10-Year X5 Crediting Strategy option is only available at the contract issue.
5-Year X5 Crediting Strategy 
  • Captures index performance each 1-Year Index Term 
  • Credits interest at the end of each 5-Year Strategy Term 
  • 100% Principal Protection each Strategy Term 
  • -5% Index Term Floor 
10-Year X5 Crediting Strategy 
  • Captures index performance each 2-Year Index Term 
  • Credits interest at the end of each 10-Year Strategy Term 
  • 100% Principal Protection each Strategy Term 
  • -5% Index Term Floor 
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
10-Year strategy 2-Year Morgan Stanley Expanded Horizons PTP Participation Rate with Spread
X5 Biannual
10-Year
245% Participation
10-Year strategy 2-Year PIMCO Global Elite Markets PTP Participation Rate with Spread
X5 Biannual
10-Year
245% Participation
5-Year strategy 1-Year PIMCO Global Elite Markets PTP Participation Rate with Spread
X5 Annual
5-Year
185% Participation
5-Year strategy 1-Year Morgan Stanley Expanded Horizons PTP Participation Rate with Spread
X5 Annual
5-Year
185% Participation
1-Year PIMCO Global Elite Markets PTP Participation Rate with Spread
Point to Point
Annual
145% Participation
1-Year Morgan Stanley Expanded Horizons PTP Participation Rate with Spread
Point to Point
Annual
145% Participation
1-Year S&P 500 DRC 7% PTP Participation Rate with Spread
Point to Point
Annual
100% 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 Advantage Annuity Rider (illustration currently not available) Yes None
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, TSA 403b, and TSP