Power Select Builder
Corebridge Financial
9.5%
Best Cap
10%
Free W/D
49
States
The Power Select Builder Index Annuity is a long-term insurance product that credits interest based on the performance of market indices—such as the S&P 500 or Russell 2000—while protecting your principal from market downturns. It's designed for investors seeking market-linked growth potential with downside protection.
Free Withdrawal
10%/yr
Available In
49 states
Min Premium
$25,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| AB All Market Index | 2-Year | -- | 220% | -- |
| AB All Market Index | Annual | -- | 235% | -- |
| Dimensional US Foundations Index | 2-Year | -- | 220% | -- |
| Dimensional US Foundations Index | Annual | -- | 205% | -- |
| Invesco New Economy Index | Annual | -- | 50% | -- |
| ML Strategic Balanced Index | 2-Year | -- | 100% | -- |
| ML Strategic Balanced Index | Annual | -- | 85% | -- |
| PIMCO Global Optima Index | 2-Year | -- | 65% | -- |
| PIMCO Global Optima Index | Annual | -- | 60% | -- |
| Russell 2000 Index | Annual | -- | 30% | -- |
| S&P 500 Index | 2-Year | -- | 39% | -- |
| S&P 500 Index | Annual | 9.5% | 100% | -- |
| Fixed Account | Daily | -- | -- | 3.8% |
Key Features
S&P 500 Annual Point-to-Point
8.75% cap ($100k+), 7.75% cap (under $100k)Interest based on annual S&P 500 performance with a rate cap limiting maximum gains
2-Year Point-to-Point Participation Rate
45–340% participation depending on index and tier chosenYou receive a percentage of the index's 2-year performance; higher rates available with Enhanced Participation Rate tiers
Principal Protection
100% principal guaranteeYour premium is guaranteed and protected—you cannot lose money due to market downturns
Multiple Index Options
7+ index strategies availableChoose from equity indices (S&P 500, Russell 2000) or risk-managed multi-asset indices (Dimensional, PIMCO, AB All Market)
Enhanced Participation Rate (EPR)
1.00%–2.00% annual fee depending on tierPay an annual fee (1–2%) to boost participation rates; excess fees are credited back if they exceed interest earned
Fixed Interest Account
3.75% ($100k+), 3.50% (under $100k)Alternative guaranteed interest rate option for conservative investors
Highlights
Multiple index-based interest account options tied to S&P 500, Russell 2000, and risk-managed indices
Participation rates up to 340% on 2-year terms with enhanced participation rate tiers
Protection of principal with no direct stock market risk—interest crediting based on index performance without loss of premium
Enhanced participation rate (EPR) accounts available with annual fees, with refund of excess fees if they outpace interest earned
Fixed interest account option (3.75% for $100k+) for guaranteed income alongside indexed strategies
Surrender Schedule
Yr 1
9%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
Yr 8
3%
Yr 9
2%
Yr 10
1%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Investors seeking long-term growth with downside protection, who can tolerate illiquidity during the initial index term, and want market exposure without direct stock ownership risk.
Consider Alternatives If
Individuals who need immediate liquidity or frequent access to funds, as index annuities are long-term products with surrender charge periods.
Carrier Ratings
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