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Power Index Advisory with Lifetime Income Max

The Power Index Advisory with Lifetime Income Max annuity is a real jewel for anyone planning for retirement. Its mix of flexible income and security would ensure your golden years are worry-free!

With potential for steady growth along with lifetime income option, this annuity is perfect if you intend to secure financial freedom efficiently. It's one of the best safe havens for your hard-earned money!

Power Index Advisory with Lifetime Income Max

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Retire At

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About Product

Type

Fixed Index

Purpose

Lifetime Income

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, 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	3.75% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	7.75% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	30% Participation
1-Year PIMCO Global Optima PTP Participation Rate	Point to Point Annual	54% Participation
1-Year ML Strategic Balanced PTP Participation Rate	Point to Point Annual	73% Participation
1-Year Franklin Quality Dividend PTP Participation Rate	Point to Point Annual	68% Participation
1-Year MSCI EAFE PTP Cap	Point to Point Annual	7.75% Cap
1-Year Russell 2000 PTP Cap	Point to Point Annual	7.75% Cap
1-Year S&P 500 Performance Triggered	Performance Triggered Annual	5% Performance triggered
1-Year Fixed Account	Fixed	4% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	8.75% Cap
1-Year Russell 2000 PTP Cap	Point to Point Annual	8.75% Cap
1-Year MSCI EAFE PTP Cap	Point to Point Annual	8.75% Cap
1-Year Franklin Quality Dividend PTP Participation Rate	Point to Point Annual	93% Participation
1-Year ML Strategic Balanced PTP Participation Rate	Point to Point Annual	98% Participation
1-Year PIMCO Global Optima PTP Participation Rate	Point to Point Annual	69% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	34% Participation
1-Year S&P 500 Performance Triggered	Performance Triggered Annual	6% Performance triggered

Hypothetical Projection

Comparison against S&P 500 using current rates

See if this annuity ranks in your top 3 for Ohio

Investment Amount

Riders

Name	Inbuilt	Fee
Power Index Advisory Lifetime Income Max	Yes	1.00% annually

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

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.

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.

Company Founded: 1919

Excellent Rated Company

Corebridge Financial Inc.

Company Ratings

4.6