Power Index 5 Plus
Corebridge Financial
10%
Free W/D
50
States
A fixed index annuity designed to grow your retirement savings with index-linked returns while protecting against market losses, then provide guaranteed lifetime income through the Lifetime Income Plus Multiplier Flex rider.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$25,000
Surrender
5 years
Key Features
Double (2x) Income Credits Pre-Activation
2x multiplier on interest earnedBefore you begin lifetime withdrawals, annual Income Credits equal 200% of interest earned, accelerating your income base growth
Match (1x) Income Credits Post-Activation
1x multiplier on interest earnedOnce lifetime withdrawals begin, annual Income Credits equal 100% of interest earned, providing potential income increases even while taking money out
Guaranteed Lifetime Income
Up to 7.80% annual withdrawal (single life, age 75+)Withdrawals are guaranteed for life based on your Income Base, regardless of market performance or account value depletion
Coverage Flexibility
Adjustable for changing circumstancesChange from single to joint life coverage upon activation or due to life events like marriage without losing the doubling feature
Enhanced Income Benefit
Available for up to 5 contract yearsIncome can increase to 200% of maximum withdrawal (150% joint) if confined to qualified care facility for 90+ days
Pre-Activation Withdrawals
No penalty to doubling featureAccess funds before activating lifetime income without eliminating the doubling feature, though withdrawals reduce the Income Base proportionately
Highlights
Income multiplies before you take withdrawals—earn 2x interest credits before activation, then 1x after
Guaranteed lifetime income that continues even if your account value drops to zero
Flexible coverage adjustments for life changes like marriage without losing core guarantees
Enhanced income benefit up to 200% for assisted living care needs
Principal protection against market downturns with index-based growth potential
Surrender Schedule
Yr 1
8%
Yr 2
7%
Yr 3
6%
Yr 4
5%
Yr 5
4%
After
0%
Activities of daily living, Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Individuals age 50-80 seeking guaranteed lifetime income with flexibility to adjust coverage for life changes, who want to protect principal from market losses while maintaining growth potential before retirement.
Consider Alternatives If
Those needing immediate access to full account value without penalties, investors seeking direct stock market exposure, or those in New York (product not available there).
Carrier Ratings
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