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Assured Edge Income Achiever

The Assured Edge Income Achiever Annuity is a brilliant product designed for those planning for a stable retirement. It brings a unique level of predictability, allowing you to better anticipate your retirement income. Benefits include guaranteed income for life and built-in protection against outliving your income.

Even better, Assured Edge is adaptable to your future financial needs. It allows retirees a simple approach to secure their retirement income: Guarantee, Grow, and Protect. Regardless of market volatility or rising healthcare costs, this fixed annuity product ensures you are covered. It's dependable, flexible, and backed by AGL and VALIC, ensuring a financially sound retirement.

Assured Edge Income Achiever

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About Product

Premium Type

Single Premium with Additional

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$2,000,000

Min Age Qualified

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, 1035 Exchange, and TSP

Launch Date

01/07/2019

MYGA Interest Rates

Term	Rate Annual percentage yield (APY) earned over the investment term
10 years	2.25%

When you purchase Assured Edge Income Achiever, your guaranteed lifetime income amount (GLIA) will increase based on a 5.8% income growth rate each year until you activate lifetime income. The income growth rate is not a rate of return and the income growth credit is not added to the contract value. The annual income credit is a dollar amount calculated by multiplying the initial GLIA by the 5.8% income growth rate.

Minimum/Maximum Contributions

$25,000: Minimum initial premium for nonqualified annuities and tax-qualified annuities.
$150,000: Minimum single premium for non-natural entities. (See Ownership Section for details.)
$2,000,000: Maximum total premium amount without prior company approval.By company practice, which is subject to change.

Eligible Premium Period
After the initial premium, subsequent premiums will be permitted during the first 60 days after the contract issue (as a Lump Sum or Periodic Payments).

Penalty-Free Withdrawal Privilege

Beginning in the first contract year, you may take multiple withdrawals of up to 10% of the contract value, as of the previous anniversary, with no withdrawal charge or market value adjustment (MVA). You may also take penalty-free withdrawals to satisfy permitted RMDs based on this contract which does not exceed the greater of the GLIA or the RMD amount as calculated by us, withdrawals up to the GLIA after activating lifetime income, and withdrawals taken under certain waivers.

Partial withdrawals may reduce benefits and contract value.

Market value adjustment (MVA)
Withdrawals above the penalty-free withdrawal amount during the seven-year initial interest rate guarantee term may be increased or decreased by an MVA. The MVA is based on a formula designed to react to changes in interest rates at the time of a withdrawal. Generally, if interest rates have risen since the contract issue date, the MVA can decrease the amount you will receive, subject to certain limits. If interest rates have fallen, the MVA can increase the amount you will receive, up to a maximum percentage.

An MVA will apply to withdrawals above the penalty-free withdrawal amount made during the first seven years.

An MVA will not apply to:

Withdrawals less than or equal to the GLIA after activating lifetime income
10% penalty-free withdrawals
Death benefit
Annuitization
Permitted RMDs from qualified contracts
The minimum withdrawal value under the contract

Riders

Name	Inbuilt	Fee
Assured Edge Income Achiever GLWB	Yes	0.95% annually

Waivers

Death

Death Benefit available without withdrawal charge or MVA.

Terminal Illness

Unavailable in states: CA

The owner must be initially diagnosed with a terminal illness after the contract date. Only one partial withdrawal or a full withdrawal is permitted.

Annuitization

Withdrawal charges and any MVA will not apply to annuitized funds.

Extended Care

Unavailable in states: CA

The owner must receive extended care for at least 90 consecutive days, beginning after the first contract year. The extended care may not have begun before the contract date.

ADL

Unavailable in states: CA

The owner must be unable to perform at least two of six activities of daily living for at least 90 consecutive days beginning after the first contract year.

Company Founded: 1919

Excellent Rated Company

Corebridge Financial Inc.

Company Ratings

4.5