Power 5 Protector
Corebridge Financial
65%
Best Cap
10%
Free W/D
49
States
A fixed index annuity that grows tax-deferred based on market index performance while protecting your principal from losses, and converts to guaranteed lifetime income when you need it. Designed for retirees seeking growth, security, and reliable income.
Free Withdrawal
10%/yr
Available In
49 states
Min Premium
$25,000
Surrender
5 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| AQR DynamiQ Allocation Index | 2-Year | -- | 305% | -- |
| AQR DynamiQ Allocation Index | Annual | -- | 225% | -- |
| ML Strategic Balanced Index | 2-Year | -- | 120% | -- |
| ML Strategic Balanced Index | Annual | -- | 120% | -- |
| PIMCO Global Optima Index | 2-Year | -- | 85% | -- |
| PIMCO Global Optima Index | Annual | -- | 70% | -- |
| S&P 500 Index | 5Y | 65% | 100% | -- |
| S&P 500 Index | Annual | 9.5% | 100% | -- |
| Fixed Account | Daily | -- | -- | 4.05% |
Key Features
Principal Protection
0% loss in down marketsYour account value never decreases due to market declines. Only positive index performance is credited; negative or flat performance earns zero interest but causes no loss.
Index-Linked Growth
S&P 500® performance at 10.49% average annual returnInterest earned is based in part on S&P 500® Index performance. Historically positive 77% of the time over 30 years with an average annual return of 10.49%.
Tax Deferral
No annual taxes on growthEarnings are not taxed until withdrawn, allowing more assets to compound for retirement compared to taxable investments.
Guaranteed Lifetime Income
Income for life, no additional chargeConvert your contract to guaranteed monthly or annual payments that last for life (or joint lives with spouse) through annuitization at no extra cost.
Guaranteed Living Benefit Rider (optional)
Rising income + continued access (annual fee applies)Provides guaranteed lifetime income with the potential to increase, while maintaining access to your contract value during retirement for an annual fee.
Fixed Account Option
Guaranteed rate for year oneChoose a 1-year fixed account with a guaranteed interest rate for stability and predictability alongside index-linked options.
Highlights
Principal protection with 'Power of Zero' — your money doesn't decline if markets drop
Tax-deferred growth linked to S&P 500® performance without direct stock market risk
Guaranteed lifetime income options, including enhanced income that can rise in retirement
Combination of growth potential, downside protection, and income certainty in one contract
Surrender Schedule
Yr 1
8%
Yr 2
7%
Yr 3
6%
Yr 4
5%
Yr 5
4%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Retirees and pre-retirees seeking a balance of growth potential, protection from market losses, and guaranteed lifetime income without accepting stock market risk.
Consider Alternatives If
Investors who need immediate liquidity, those in lower tax brackets who don't benefit from tax deferral, or anyone uncomfortable with withdrawal restrictions and surrender charges.
Carrier Ratings
Free Comparison Report
Get a personalized Power 5 Protector illustration
See year-by-year projections for your specific age, premium, and income goals.
Corebridge Financial Discussions
Customer satisfaction drops 6 points while 92% of retirees fear inflation
DIAs vs SPIAs: Why Waiting 2 Years Could Boost Your Payout by 1.5-2%
Athene Aviator FIA: Does 'Simplified' Mean Lower Returns?
Ohio National's New Rider vs Market Leaders: Cap Rate Reality Check
From the AdvisorWorld.com Community