AIG Announces Changes To Its Power Series Of Index Annuities
AIG Life Retirement, a division of American International Group, Inc. (NYSE: AIG), today announced a number of enhancements to the Power Series of Index Annuities designed Canada Goose Coats On Sale to increase the level of flexibility and choice in these retirement accumulation and income solutions. small cap stock index, and the MSCI EAFE, an international stock index. These two indices have been added to the existing canada goose outlet nyc S 500, PIMCO Global Optima and ML Strategic Balanced options to provide greater choice and diversification as well as exposure to markets that may https://www.rkliedtke.de not be well represented in other index annuities.
“Needs for retirement can change over time, sometimes quite dramatically,” said Todd Solash, President, Individual Retirement at AIG. “The Power Series of Index canada goose outlet online uk Annuities offers a breadth of accumulation choices and an extra dimension of income flexibility canada goose outlet store uk that can help our policyholders ensure they are protected during one of the most important phases of their lives. With the prospect of a very long life, unpredictable markets and higher healthcare costs, it’s critical for individuals to build a balanced portfolio that offers protections and guarantees, along with the flexibility to take income Canada Goose Outlet when needed.”
The Power Series of Index Annuities is among the few retirement savings products that combine tax deferred growth potential, principal protection against market downturns and retirement income that’s guaranteed to last for life. Lifetime Income Plus Flex and Lifetime Income Plus Multiplier Flex are canada goose factory sale available in select Power Series Index Annuities for an annual fee.
Last month, AIG Life Retirement announced Plan for 100, goose outlet canada goose clearance sale canada a new initiative focused on educating and empowering individuals, employers and financial advisors to help Americans prepare for longer lives canada goose outlet and, in turn, retirements that could last four decades or more.
Index annuities are not a direct investment canada goose outlet jackets 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 the specified index, without the risk of loss of premium due to market downturns or fluctuations. Index annuities may not be suitable or appropriate for all individuals.
Withdrawals may be canada goose outlet toronto factory subject to federal and/or state income taxes. An additional 10% federal tax may apply if you make withdrawals or surrender your annuity before age 59. Consult your tax advisor regarding your specific situation. and Canada. The product canada goose outlet shop referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such product or any canada goose factory outlet index on which such product is based. The contract contains a more detailed description of the limited relationship MSCI has with American General Life Insurance Company and any related product. The index annuity product to which this disclosure applies (the “Product”) has been developed solely by American General Life Insurance Company (“AGL”). The “Product” is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies.
All rights in the Russell 2000 Index (the “Index”) vest in the relevant LSE Group company which owns the Index. “Russell”, “Russell 2000”, “FTSE”, “Russell”, and “FTSE Russell” are trade mark(s) of the relevant LSE Group companies and are used by any other LSE Group company under license. “TMX” is a trade mark of TSX, Inc. and used by the LSE Group under license.
The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on canada goose outlet new york city Canada Goose Online or any error in the Index or (b) the purchase of or operation of the “Product”. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the “Product” or the suitability of the Index for the purpose to which it is being put by AGL.
The Power Series of Index Annuities is issued by American General Life Insurance Company (AGL), Houston, Texas. The Power Index Elite Variable Annuity is issued by The Variable Annuity Life Insurance Company (VALIC), Houston, Texas. AGL and canada goose black friday sale VALIC are members of the American International Group, Inc. (AIG) family of financial services companies. The underwriting risks, financial and contractual obligations and support functions associated with the annuities issued by AGL or VALIC are its responsibility. AGL does not solicit business in the state of New York. Annuities and riders may vary by state and are not available in all states.
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
AIG Life Retirement, a division of AIG, brings together a broad portfolio of protection, retirement savings, investment canada goose outlet sale and lifetime canada goose outlet income solutions to help people achieve financial and retirement security. The business consists of four operating segments Individual Retirement, AIG Retirement Services, Canada Goose Parka Life Insurance and canada goose store Institutional Markets and holds longstanding, leading market positions in many of the markets it serves.
AIG Life Retirement includes AIG member insurance companies American General Life Insurance Company (Houston, TX), The United States Life Insurance Company in the City of New York, and The Variable Annuity Life Insurance Company (VALIC), Houston, TX as well as their affiliates. Securities products buy canada goose jacket cheap are distributed by AIG Capital Services, Inc., member FINRA. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non insurance products and services may be provided by independent third parties. Certain property casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.