Power Index Plus
Corebridge Financial
9.5%
Best Cap
10%
Free W/D
50
States
A fixed index annuity that offers tax-deferred growth tied to market performance, principal protection from losses, and the option to convert to guaranteed lifetime income. Designed for retirees seeking a balance of growth and security.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$25,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Franklin Quality Dividend Total Return 5% Index | Annual | -- | 80% | -- |
| ML Strategic Balanced Index | Annual | -- | 105% | -- |
| MSCI EAFE Index | Annual | 9.5% | 100% | -- |
| PIMCO Global Optima Index | Annual | -- | 85% | -- |
| Russell 2000 Index | Annual | 9.5% | 100% | -- |
| S&P 500 Index | Annual | 9.5% | 100% | -- |
| Fixed Account | Daily | -- | -- | 4.05% |
Key Features
Downside Protection (Power of Zero)
Zero loss in negative marketsPrincipal is protected from market losses. If the underlying index declines, you earn 0% interest but lose nothing—your account value stays the same.
Upside Potential
S&P 500 has been positive 77% of the time with 10.49% average annual return (1995-2024)Interest is credited based on positive performance of a market index like the S&P 500, with earnings capped at a maximum rate (index rate cap).
Tax-Deferred Growth
Potential for greater retirement accumulationEarnings are not taxed until withdrawn, allowing assets to compound more efficiently than taxable investments.
Guaranteed Lifetime Income
Pension-like income with no additional costThrough annuitization at no extra cost, convert your contract into guaranteed monthly income that lasts for life or the lives of you and your spouse.
Guaranteed Living Benefit Rider (GLB)
Lifetime income plus flexibility (available in select FIAs)Optional rider (available on select products) provides guaranteed lifetime income with potential to increase in retirement, while maintaining access to contract value for an annual fee.
Fixed Account Option
Guaranteed interest rateA 1-year fixed interest account with a guaranteed rate provides stability and predictable income.
Highlights
Principal protection guaranteed—your money doesn't decline if the market drops
Tax-deferred growth potential linked to market index performance like the S&P 500
Guaranteed lifetime income option ensures you won't outlive your retirement savings
Combines growth upside when markets rise with downside protection when they fall
Surrender Schedule
Yr 1
8%
Yr 2
7%
Yr 3
6%
Yr 4
5%
Yr 5
4%
Yr 6
3%
Yr 7
2%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Retirees and near-retirees seeking to balance growth potential with principal protection, reduce sequence-of-returns risk, and secure guaranteed lifetime income.
Consider Alternatives If
Investors with a high risk tolerance who expect to need frequent access to their principal before age 59½, or those requiring maximum liquidity without penalty.
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