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As you expand your knowledge about retirement, an index annuity may have appeared, peaking your interest. Index annuities have evolved a long way from the products they once were when first introduced. A Power Select Index Annuity, enriched with insurance features, offers you:

Orange Arrow PROTECTION from market downturns*
Orange Arrow GROWTH POTENTIAL through various interest accounts
Orange Arrow LIFETIME INCOME through various income options

The following materials highlight the potential benefits a Power Select Series Index Annuity can have for your retirement.

Work with an agent/professional today to explore your options for retirement.

*The annuity’s value will be reduced due to withdrawals and/or fees (if imposed by the issuing insurance company).

Additional Important Information about Index Annuities

An index annuity is an insurance product designed for long-term savings. Because it is not an investment, there is no market risk with an index annuity. However, there are considerations to keep in mind, such as surrender-charge period and market value adjustment on full surrenders and on certain withdrawals. Account value will be impacted by withdrawals and, when applicable, fees/charges. These vary by contract so you want to ensure you are aware of these elements before you purchase an annuity. Index annuities may not be suitable or appropriate for all clients.

Index annuities offer the potential for index interest to be credited to the annuity but index interest is not guaranteed. It is possible that there will be periods where no interest is credited based on the performance of the underlying index. Index rate caps, spreads and participation rates on the index interest crediting accounts can also limit or reduce the amount of interest credited.

Withdrawals may be subject to withdrawal charges. Withdrawals may also be subject to federal and/ or state income taxes. An additional 10% federal tax may apply if clients make withdrawals or surrender their annuity before age 59½.

The Lifetime Income Plus and Lifetime Income Plus Multiplier guaranteed living benefit riders are available at time of contract purchase for an annual fee of 1.10% of the Income Base. Only one rider may be elected at contract issue and cannot be changed after election. The Income Base is initially equal to the first eligible premium and any premium enhancement (if applicable). On each contract anniversary, the Income Base can increase to the greater of 1) the anniversary value, when higher than all previous anniversary values; or 2) the Income Base plus any available income credit. The Income Base is adjusted for excess withdrawals and is increased each time an eligible premium is made.

Annuities are issued by American General Life Insurance Company (AGL), 2727-A Allen Parkway, Houston, Texas 77019. AGL is a member of American International Group, Inc. (AIG) financial services companies. AIG a leading global insurance organization serving customers in more than 80 countries and jurisdictions. The financial and contractual obligations are the responsibility of AGL, and not AIG.

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