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Power Index Advisory

The Power Index Advisory annuity is a superb choice for ensuring a secure retirement. Imagine a world where your savings grow, shielded by the storm of market fluctuations. That's what this annuity offers, consistently increasing your funds along a steady trajectory.

What's more, the Power Index Advisory understands your need for flexibility and liquidity. It comes with options to access your funds when you need them. Plus, it boasts a legacy feature for your beneficiaries. Truly, a future-focused product that rings the bell of security and steady growth for retirees.

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Power Index Advisory

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Ratings:

A.M. Best A
Fitch A+
S&P A+
Moody's A2
Comdex 80

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About Product

Type

Fixed Index

Purpose

Accumulation

Surrender schedule

No Surrender Charge

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, Spousal IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, Stretch IRA, Inherited IRA, NQ Stretch, and TSP

Launch Date

05/14/2018

Power Index Advisory is part of the Power Series of Index Annuities and a fixed index annuity (FIA) issued by American General Life Insurance Company (AGL). These fixed index annuities offer a powerful combination of tax-deferred growth potential, principal protection and guaranteed income for life that may be the solution to achieving the retirement you've always envisioned.
The Power Series of Index Annuities can help you:

Prepare for today's key retirement challenges
Grow your retirement assets
Protect your principal from market downturns
Guarantee more income for life

Available in states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, 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	4.45% Fixed
1-Year PIMCO Global Optima PTP Participation Rate	Point to Point Annual	66% Participation
1-Year ML Strategic Balanced PTP Participation Rate	Point to Point Annual	94% Participation
1-Year Franklin Quality Dividend PTP Participation Rate	Point to Point Annual	84% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	42% Participation
1-Year MSCI EAFE PTP Cap	Point to Point Annual	9.5% Cap
1-Year Russell 2000 PTP Cap	Point to Point Annual	9.5% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	9.5% Cap
1-Year S&P 500 Performance Triggered	Performance Triggered Annual	7.1% Performance triggered
1-Year Fixed Account	Fixed	4.7% Fixed
1-Year MSCI EAFE PTP Cap	Point to Point Annual	10.5% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	45% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	10.5% Cap
1-Year Russell 2000 PTP Cap	Point to Point Annual	10.5% Cap
1-Year Franklin Quality Dividend PTP Participation Rate	Point to Point Annual	109% Participation
1-Year ML Strategic Balanced PTP Participation Rate	Point to Point Annual	119% Participation
1-Year PIMCO Global Optima PTP Participation Rate	Point to Point Annual	81% Participation
1-Year S&P 500 Performance Triggered	Performance Triggered Annual	8.1% Performance triggered

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Investment Amount $

Riders

No Riders for Power Index Advisory annuity.

Waivers

Nursing Home

Market Value Adjustments (see below) may be waived if you are confined to a nursing home or an assisted living facility.

Terminal Illness

Market Value Adjustments may be waived if you are diagnosed with a terminal illness.

Extended Care

Market Value Adjustments (see below) may be waived if you have extended care needs.

Premium Notes

Issue Age
18-85 owner and annuitant
50-80 for owner and annuitant with optional living benefit rider

18-75 with no guaranteed living benefit (GLB) rider elected.
50-75 with the election of a GLB rider.

Premium

Initial: $25,000 minimum (qualified and non-qualified)
Subsequent: Only in the first 30 days after contract issue (as a Lump Sum or Periodic Payments). Minimum additional premium is $100.
Requires prior company approval if total of all contracts issued to the same owner and/or annuitant exceeds $2 million

If your state imposes a premium tax and unless otherwise provided by law, it will be deducted from the amount applied to begin your income plan when you annuitize your contract.

Note:

TSP funds have to be rolled into an IRA.
We allow inherited IRA/NQ assets so long as it is being stretched and provided no GLB is elected. We will not write any inherited fixed business and we will not write new business on inherited assets subject to either the 5-year or the 10-year rule.

Withdrawal Provisions

Withdrawal charges
Withdrawals from your account can be made without incurring withdrawal charges.

Market Value Adjustment (MVA)
Withdrawals during the first 5 or 7 years are subject to an MVA:

5-year MVA with no election of a guaranteed living benefit (GLB) rider.
7-year MVA with the election of a GLB rider. This adjustment may either increase or decrease the amount you receive, and is determined by a formula in the contract that reflects changes in the yield of an external index since the contract was issued.