AIG and the Market Synergy Group are pleased to announce the launch of a new solution – The Power Select Builder 8SM Index Annuity – in the Power Select Index Annuities family to help clients build their confidence in growing and protecting their retirement savings. This new annuity will be available on and after February 18, 2019.
Power Select Builder 8 offers clients:
- 6 Index Interest Accounts based on the performance of the S&P 500® Index, PIMCO Global Optima Index™, or the ML Strategic Balanced Index® with NEW index terms and interest crediting options
- Guaranteed Interest with a 1-Year Fixed Rate Account
- 4% Premium Enhancement on all premiums1
- 5% Free Withdrawals of previous contract year’s value (starting year 2)
- Protection from market downturns2
- Tax Deferral on interest that remains in the annuity
- 8-Year Declining surrender charge schedule
New Account Options for Power Select Builder® and Power Select Plus Income®
New index accounts are also available in Power Select Builder® and Power Select Plus Income® with new index terms and interest crediting options. Use the link to the right to view the Index Interest Accounts At-A-Glance Flyer.
Contact us today about these new accumulation solutions for your client’s retirement! 800.992.2642