January 10, 2023

AIG / Corebridge Financial Annuity: Increases to Lifetime Income Choice’s Annual Income Credit and withdrawal rates for age tier 65-69

AIG Life & Retirement is now Corebridge Financial

Action is everything
Help clients prepare for retirement

Help clients take action with 10% Annual Income Credits and increased withdrawal rates to generate more income with Lifetime Income Choice^® available in The Power Series of Index Annuities^®. ¹

Effective for new contracts on and after January 9, 2023:

Guaranteed 10% Annual Income Credits Added to the Income Base each year activation is delayed

New withdrawal rates for 65 to 69 age tier

Max Income option
8.00% (single life) Maximum annual withdrawal percentage (MAWP) when there is contract value.²
7.60% (joint life) MAWP when there is contract value.²

Level Income option
Single Life: 6.50% MAWP for the life of the contract
Joint Life:6.10% MAWP for the life of the contract

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AIG / Corebridge Financial Annuity: Increases to Lifetime Income Choice’s Annual Income Credit and withdrawal rates for age tier 65-69

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AIG / Corebridge Financial Annuity: Increases to Lifetime Income Choice’s Annual Income Credit and withdrawal rates for age tier 65-69

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