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The Power Series of Index Annuities® with Lifetime Income Plus Multiplier Flex®

Help secure income raises for retirement

September 10, 2022 | 2 min read

These days, it seems like everything is more expensive. To help offset inflation and healthcare costs, take a look at the Power Series Index Annuity with Lifetime Income Plus Multiplier Flex.

It can be a great way to help maintain purchasing power and provide rising income for retirement, especially as the cost of living goes up.

With Lifetime Income Plus Multiplier Flex, you can earn annual income credits that:

  • DOUBLE (x2) the interest earned before taking lifetime income
  • MATCH (x1) the interest earned after lifetime income begins
Download brochure to see how

 

Index annuities are not a direct investment in the stock market. They are long-term insurance products with guarantees backed by the claims-paying ability of the issuing insurance company. They provide the potential for interest to be credited based in part on the performance of a specified index, without the risk of loss of premium due to market downturns or fluctuations. Index annuities may not be appropriate for all individuals. There are no guarantees that income will keep up with or outpace inflation. In flat or down markets, you may not earn index interest. Principal can be reduced due to fees and withdrawals. Lifetime income features are generally optional and available at contract issue for an annual fee. To realize the benefits of the optional feature, you must take withdrawals within the parameters of the feature.

 

Income credits are added to the Income Base, the amount from which lifetime withdrawals are calculated. The Income Base is not the contract value and cannot be taken in part or as a lump sum. 

 

Policy form numbers:

AGL:  AG-800 (12/12) and AG-801 (12/12)

VALIC: V-800 (12/14)

 

M6395IA2 (9/22)

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Annuities issued by American General Life Insurance Company (AGL), Houston, TX except in New York, where issued by The United States Life Insurance Company in the City of New York (US Life). Certain annuities are issued by The Variable Annuity Life Insurance Company (VALIC), Houston, TX. Securities products are distributed by AIG Capital Services, Inc., member FINRA. Guarantees are based on the claims-paying ability of the issuing insurance company and each company is responsible for the financial obligations of its products. Products and services may not be available in all states and product features may vary by state. AGL does not solicit, issue or deliver policies or contracts in the state of New York.

The purchase of an annuity is not required for, and is not a term of, the provision of any banking service or activity.

All companies above are wholly owned subsidiaries of Corebridge Financial, Inc.  Corebridge Financial and Corebridge are marketing names used by these companies.

This material is general in nature, was developed for educational use only, and is not intended to provide financial, legal, fiduciary, accounting or tax advice, nor is it intended to make any recommendations. Applicable laws and regulations are complex and subject to change. Please consult with your financial professional regarding your situation. For legal, accounting or tax advice consult the appropriate professional.

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