AIG Spotlight - Strategic Accounts Newsletter
For financial professional use only. Not for use with the public.
*Please keep in mind that American General Life Insurance Company, The United States Life Insurance Company in the City of New York, and their distributors and representatives may not give tax, accounting or legal advice. Any tax statements in this material are not intended to suggest the avoidance of U.S. federal, state or local tax penalties. Such discussions generally are based upon the company’s understanding of current tax rules and interpretations. Tax laws are subject to legislative modification, and while many such modifications will have only a prospective application, it is important to recognize that a change could have retroactive effect as well. Clients should seek the advice of an independent tax advisor or attorney for more complete information concerning their particular circumstances and tax statements made in this material.
While Volatility Control Portfolios employ risk management processes that seek to manage volatility within the Portfolio, volatility may result from rapid or dramatic price swings. A Portfolio could experience high levels of volatility in both rising and falling markets. Due to market conditions or other factors, the actual or realized volatility of a Portfolio for any particular period of time may be materially higher or lower than the target level. Efforts to manage a Portfolio’s volatility could limit a Portfolio’s gains in rising markets, may expose the Portfolio to costs to which it would otherwise not have been exposed, and if unsuccessful may result in substantial losses.
SA BlackRock VCP Global Multi Asset Portfolio: The Portfolio’s volatility management strategy may adjust the composition of the Portfolio’s riskier assets, such as equity and below investment grade fixed income securities, and/or may allocate assets away from riskier assets into cash or short-term fixed income securities. In selecting equity and fixed income investments, judgments that evaluate the attractiveness of countries and sectors may prove incorrect. The value of the Portfolio’s foreign investments may fluctuate due to changes in currency exchange rates.
SA Schroders VCP Global Allocation Portfolio: The Portfolio may make substantial use of derivatives. As a result, performance could be primarily dependent on securities the Portfolio does not own. In selecting equity and fixed income investments, judgments that evaluate the attractiveness of countries and sectors may prove incorrect. The value of the Portfolio’s foreign investments may fluctuate due to changes in currency exchange rates.
SA T. Rowe Price VCP Balanced Portfolio: The Portfolio’s approach for stabilizing volatility may not produce the desired results. The value of the Portfolio’s foreign investments may fluctuate due to changes in currency exchange rates.
Income protection features are optional and available at contract issue for an additional annual fee in select Polaris Variable Annuities. Age restrictions, investment requirements and limitations apply.
Income protection features are optional and available at contract issue for an additional fee. Investment requirements, age restrictions and other limitations apply. To realize the feature’s benefits, clients must take withdrawals within certain parameters. Depending on the performance of the investment, clients may never need to rely on the protection provided by an optional insurance feature. Please see a prospectus for complete details.
All contract and optional benefit guarantees, including any fixed account crediting rates or annuity rates, are backed by the claims-paying ability of the issuing insurance company. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased or any affiliates of those entities and none makes any representation or guarantees regarding the claims-paying ability of the issuing insurance company.
Variable annuities are designed for long-term retirement investing. Early withdrawals may be subject to withdrawal charges. Partial withdrawals may reduce benefits available under the contract as well as the amount available upon a full surrender. Withdrawals of taxable amounts are subject to ordinary income tax and, if taken prior to age 59½, an additional 10% federal tax may apply. An investment in a variable annuity involves investment risk, including possible loss of principal. The contract, when redeemed, may be worth more or less than the total amount invested. Typically, optional protection features are subject to additional fees and conditions.
Variable Annuities are sold by prospectus only. The prospectus contains the investment objectives, risks, fees, charges, expenses and other information regarding the contract and underlying funds, which should be considered carefully before investing. A prospectus may be obtained by calling 1-800-445-7862. Investors should read the prospectus carefully before investing.
Polaris Variable Annuities are issued by American General Life Insurance Company (AGL), except in New York where they are issued by The United States Life Insurance Company in the City of New York (US Life). Products and features may not be available in all states. State variations may apply. The purchase of a variable annuity is not required for, and is not a term of, the provision of any banking services or activity. Distributed by AIG Capital Services, Inc. (ACS). Member FINRA. AGL, US Life and ACS are members of American International Group, Inc. (AIG).
|Not FDIC or NCUA/NCUSIF Insured|
|May Lose Value • No Bank or Credit Union Guarantee
Not a Deposit • Not Insured by any Federal Government Agency