Power Select Plus Income
Corebridge Financial
3.5%
Best Cap
10%
Free W/D
50
States
A fixed index annuity that protects your principal from market losses while offering tax-deferred growth tied to stock index performance, plus guaranteed lifetime income options for retirement security.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$25,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| AB All Market Index | 2-Year | -- | 75% | -- |
| AB All Market Index | Annual | -- | 100% | -- |
| Dimensional US Foundations Index | 2-Year | -- | 75% | -- |
| Dimensional US Foundations Index | Annual | -- | 60% | -- |
| Invesco New Economy Index | Annual | -- | 18% | -- |
| ML Strategic Balanced Index | 2-Year | -- | 100% | -- |
| ML Strategic Balanced Index | Annual | -- | 70% | -- |
| PIMCO Global Optima Index | 2-Year | -- | 44% | -- |
| PIMCO Global Optima Index | Annual | -- | 25% | -- |
| Russell 2000 Index | Annual | -- | 11% | -- |
| S&P 500 Index | 2-Year | -- | 13% | -- |
| S&P 500 Index | Annual | 3.5% | 100% | -- |
| Fixed Account | Daily | -- | -- | 1.55% |
Key Features
Downside Protection (Power of Zero)
No loss when index is downYour principal and earned interest are protected from market downturns. If the index declines, you earn 0% interest but suffer no loss.
Index-Based Growth Potential
Up to the index rate cap when index is positiveInterest is credited based on the performance of an index like the S&P 500. The S&P 500 has been positive 77% of the time over 30 years with an average annual return of 10.49%.
Tax-Deferred Accumulation
Tax deferral throughout accumulation phaseYour earnings are not taxed until you withdraw them, allowing your money to compound and grow more than taxable investments.
Guaranteed Lifetime Income
Income for life or joint livesYou can convert your contract to guaranteed income through annuitization at no extra cost, or add a Guaranteed Living Benefit rider for lifetime income with access to your money.
1-Year Fixed Account Option
Guaranteed rate for contract year oneIn addition to index accounts, these annuities offer a traditional fixed account with a guaranteed interest rate.
Highlights
Principal protection: Your money is not affected by market downturns—you earn interest only when the index is positive
Tax-deferred growth linked to index performance like the S&P 500, with potential for higher returns than CDs or fixed annuities
Guaranteed lifetime income options—either through no-cost annuitization or an optional rider with potential for rising income
Combines growth potential with downside protection, filling the middle ground between conservative fixed income and volatile stocks
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
Retirees or near-retirees who want to grow assets for retirement while protecting against market losses, and who need guaranteed lifetime income without the risk of outliving their money.
Consider Alternatives If
Investors seeking high growth with frequent access to their funds, or those uncomfortable with the illiquidity and potential surrender charges of insurance contracts.
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