Multi-Year Guaranteed Annuity
Assured Edge Income Achiever
Guarantee terms
9 · 10 yrs
Free withdrawal
10% published tier; confirm timing and exceptions
Market value adj.
Applies
Minimum premium
$25,000
Availability
50 jurisdictions (49 states + DC)
Surrender schedule
10-year published CDSC · 9% → 1%
Interest crediting
Compound — CANNEX yield row, no simple-interest flag
Rates effective
Aug 17, 2026
Guaranteed rates by term
The guaranteed annual rate is shown for each term at the $100,000 comparison premium, alongside the full-term effective rate.
| TermSurrender schedule | Effective annual rateFull-term comparison | Published annual rateContract rate | Rate structureFull guarantee | $100,000 grows toAt term end | vs. marketSame-day term median |
|---|---|---|---|---|---|
| 10-year10-yr surrender scheduleHighest | 1.13% | 2.00% | Flat throughout | $111,865+$11,865 interest | -4.37 ptsmedian 5.50% · n=36 |
Rate figures use a $100,000 comparison premium and are scoped to the selected contract version. Market comparisons appear only when the same-day term distribution includes at least five comparable products.
How 1.13% grows over 10 years
Follow a deposit through the complete guarantee term.
The calculator uses the published rate band matching the entered premium. If no matching band is published, it retains the $100,000 comparison rate and labels the contract details for confirmation.
| Year | Rate credited | Interest | Balance |
|---|---|---|---|
| Year 1 | 1.13% | +$1,127 | $101,127 |
| Year 2 | 1.13% | +$1,140 | $102,268 |
| Year 3 | 1.13% | +$1,153 | $103,421 |
| Year 4 | 1.13% | +$1,166 | $104,587 |
| Year 5 | 1.13% | +$1,179 | $105,766 |
| Year 6 | 1.13% | +$1,193 | $106,959 |
| Year 7 | 1.13% | +$1,206 | $108,165 |
| Year 8 | 1.13% | +$1,220 | $109,384 |
| Year 9 | 1.13% | +$1,233 | $110,617 |
| Year 10 | 1.13% | +$1,247 | $111,865 |
| Compound-equivalent annual rate over the full term | 1.127% | ||
How the number is calculated
- Product
- Assured Edge Income Achiever
- Schedule
- 1.13% for 10 years
- Crediting
- Compound interest
- Ending value
- $111,865
- Effective rate
- 1.127% per year
Equivalent: a flat MYGA paying 1.13% compounded annually reaches the same ending value. Confirm the crediting convention on the issued contract.
Lifetime income benefit
Published payout and charge terms for the contract’s income benefit.
GLWB
Flexible Guaranteed Lifetime Withdrawal Benefit
Payout rate not published · 0.95% annual rider fee · Mandatory benefit
Getting money out
What it costs to leave early, and what you can take without a charge.
Surrender charge · 10-year version
Charged on withdrawals above the free amount. A market value adjustment can also raise or lower proceeds during the surrender period when it applies.
Penalty-free access
Items marked “not published” remain questions for the issued contract; this page does not infer answers.
How to think about this contract
Editorial interpretation stays separate from the contract data above.
Where it stands out
- A flat, contractually guaranteed rate locked for a long horizon — the longest published term is 10 years, well past the 5- and 7-year terms most MYGA shelves stop at, so a buyer with a true decade-or-longer planning window can match the lock-in to the horizon.
- Issued by American General Life Insurance Company, a Corebridge Financial company, with A.M. Best A, S&P A+, and Moody's A2 ratings — the financial-strength view is corroborated across three independent agencies rather than a single source.
- An annual free-withdrawal allowance runs alongside the surrender schedule, plus nursing-home, terminal-illness, and surrender waivers — penalty-free liquidity rules are spelled out on the contract, not gated behind a brochure.
- Pure multi-year guarantee chassis: no index, no cap, no participation rate, no rider — the rate you see is the rate the contract credits each year of the guarantee period, with no moving parts to track.
What to confirm
- Despite the "Income Achiever" name, this is a deferred MYGA, not an income-rider product — there is no guaranteed-lifetime-withdrawal benefit, no income base, and no roll-up. A buyer looking for a contractually guaranteed income stream needs a different chassis.
- Surrender charges run a full 9 years on a declining ladder that steps down annually — money beyond the annual free-withdrawal allowance is not freely accessible until the surrender period ends. This is a long-term commitment, not a short-window cash equivalent.
- The live feed publishes two 10-year rates and a 9-year rate at the carrier's scenario premium — confirm which premium band and rate class the illustration is built on before signing, because the headline only applies to the matching band.
- The death benefit is the standard contract value (with surrender charges and any rate-driven adjustment running per contract terms), and there is no roll-up or step-up — this contract is built for rate certainty over a long horizon, not legacy enhancement.
Contract facts
Everything the normalized public CANNEX contract reports. Gaps are labeled, not guessed.
Premium
$25,000 minimum
$2,000,000 maximum · Fund type: $25,000–$2,000,000
Issue ages
50–80 (annuitant and owner)
Joint contracts available.
Fund types
Non-qualified · Qualified
Continuation code S; confirm meaning in the contract.
Ownership
Corporation · Joint · Single · Trust
Annuitant: Joint · Single
Death benefit
Standard Death Benefit
Surrender charges and a market value adjustment may apply under contract terms.
Premium bonus
None published
A first-year interest rate is not a premium bonus.
Systematic withdrawals
Available
Minimum-withdrawal rule applies.
Bailout provision
Not available
Return of premium
Does not apply
Early surrender can return less than premium.
Free-look period
Available; length not published
Length can vary by state; confirm on delivery.
Annuitization
Not published
Maximum annuitization age: 95 years
Fees and charges
Flexible Guaranteed Lifetime Withdrawal Benefit: 0.95% annual rider fee
Contract versions
2
California · MVA · No liquidity rider · Most states · MVA · No liquidity rider
Source
CANNEX via AdvisorWorld
Normalized facts observed Sep 7, 2026.
State availability
50 jurisdictions (excl. New York) in the current feed. The grid shows availability only; it does not apply one rate version to every jurisdiction. Outlined entries have their own named rate version when the feed identifies one.