Pathway Choice Prime NY
Corebridge Financial
10%
Free W/D
A fixed annuity designed for retirement savers who want guaranteed income growth without stock market exposure. It combines protection, tax deferral, and flexible access to funds.
Free Withdrawal
10%/yr
Available In
1 states
Min Premium
$25,000
Surrender
7 years
Key Features
Guaranteed Interest Rate
3 to 7 year options availableFixed rate guaranteed for initial period (3, 4, 5, or 7 years) with annual rate declarations thereafter, never below the minimum specified in contract
Tax-Deferred Growth
No current tax on earningsInterest and earnings are not subject to current federal income taxes until withdrawn, allowing money to compound at a faster rate
Penalty-Free Withdrawals
10% annual free withdrawalAfter the first contract year, withdraw up to 10% of the previous anniversary contract value annually without surrender charges
Withdrawal Charges
3-year: 7%, 4-year: 7-6%, 5-year: 7-5%, 7-year: 7-3%Excess withdrawals beyond the 10% annual allowance are subject to surrender charges that decline over time
Market Value Adjustment
Applied to excess withdrawalsWithdrawal amounts may increase or decrease based on current interest rate environment, except for free withdrawals, RMDs, and death claims
Annuitization Options
Earliest 3 years after issue dateConvert contract value to guaranteed income payments with choices including lifetime payments, joint and survivor options, or fixed payment periods
Minimum Premium
$25,000 minimumSingle premium purchase requirement for qualified and nonqualified annuities
Issue Ages
18-85 for 7-year option; 18-90 for 3, 4, 5-year optionsAvailable to a wide range of ages depending on selected term length
Death Benefit
Greater of Contract Value or Minimum Withdrawal ValueBeneficiaries receive the greater of current contract value or minimum withdrawal value
Withdrawal Charge Waivers
Extended care and terminal illness waiversExtended care waiver available after 90 consecutive days of care; terminal illness waiver permits withdrawal upon diagnosis
Highlights
Guaranteed fixed interest rate for 3, 4, 5, or 7 years with no stock market risk
Tax-deferred growth allows earnings to compound faster than taxable accounts
Penalty-free withdrawals of up to 10% annually after the first contract year for flexibility
Multiple income options including lifetime payments when you're ready to retire
Death benefit protection passes the greater of contract value or minimum withdrawal value to beneficiaries
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Retirees and pre-retirees who want guaranteed income growth, market protection, and tax deferral without stock market risk, especially those who value flexibility and may need access to their funds.
Consider Alternatives If
Investors who expect high growth returns, need immediate access to all their money without charges, or require significant liquidity in the short term.
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