Power-Index-Advisory Historical Rate of Return
The hypothetical historical performance provided herein showcases the annualized return of allocation strategies, representing the investment's annual growth rate considering compounding effects. Similar analyses can be found for each account in official fixed index annuity illustrations provided by insurance carriers.
What's not reflected:
The annualized return does not encompass rider charges, strategy fees, or applicable premium bonuses.
Notes on rates:
The information presented assumes the annuities' current caps, spreads, participation rates, and other related rates, without guarantee.
No guarantees:
These actual elements are subject to change over time, resulting in potentially higher or lower outcomes. Additionally, no single index consistently outperforms in every scenario. It is advisable to consult with a properly licensed and educated annuity professional before making any decisions.
Fees and Charges
The power index advisory with lifetime income max benefits is 1.10% of the income base. It's crucial to understand these costs and factor them into your decision-making process.
Index Options
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Russell 2000
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AB All Market
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Dimensional US Foundations
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PIMCO Global Optima
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ML Strategic Balanced
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S&P 500
Crediting Method
Crediting methods are used to decide how much an indexed interest the annuity receives. This is based on index changes during the ‘crediting period.’ Power Index Advisory With Lifetime Income Max beneficiaries can choose among the following crediting methods:
- Annual point-to-point with a cap
- Annual point-to-point with a participation rate
- Monthly sum
- Multi-year point-to-point with a participation rate
Surrender Schedule
The power index advisory with a lifetime income max surrender schedule does not exist with this policy. Neither do penalty charges.
Power Index Advisory With Lifetime Income Max Key Features
Market Value Adjustment (MVA)
An MVA may apply if you withdraw funds early, adjusting the amount based on the performance of the chosen index.
Protected Value Income
Your funds are protected from market downturns, ensuring your principal remains safe even in volatile times.
Income Multiplier
The initial investment significantly influences potential gains, making your first contribution crucial for long-term growth.
Power Index Advisory With Lifetime Income Max Pros and Cons
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Boosted Income Potential: The Lifetime Income Max feature guarantees a 10% annual increase in the income base before withdrawals
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Security: It offers principal protection against market downturns
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Withdrawal Flexibility: Allows up to 10% annual withdrawals without additional fees after the first year
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Early Withdrawal Charges: Fees apply if you withdraw more than the penalty-free amount before a certain period.
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Market Adjustments: Early withdrawals can be affected by market conditions
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Limited Upside: Potential gains may be capped based on market index performance.
About the Company
Company Name
American General Life Insurance Company
Website
Phone Number
1-800-445-7862
A.M. Best Rating
A (excellent)
Moody’s Best Rating
A2 (Good)
About the Product
Product Name
Power Index Advisory with Lifetime Income Max
Product Type
Fixed Indexed Annuity
Product Information
This fixed index annuity offers a dynamic way to grow your retirement income, guaranteeing a 10% increase in the income base annually before withdrawals. It's designed to provide both growth and security, making it a compelling option for retirees.
Account Types
Non-Qualified, Spousal IRA, 401k, IRA, TSA 403b, IRA Rollover, SEP IRA, IRA Transfer, IRA-Roth, Stretch IRA, 1035 Exchange, NQ Stretch, Inherited IRA, and TSP.
Not Available In
NY
