Assured Edge Income Builder
Corebridge Financial
2.4%
Best Rate
10%
Free W/D
0
States
The Assured Edge Income Builder is a fixed annuity that guarantees you lifetime income withdrawals at an amount you choose, with your guaranteed income growing 7.5% annually until you start taking it. It's designed for people age 50–80 who want retirement income security combined with access to their money.
Free Withdrawal
10%/yr
Available In
0 states
Min Premium
$25,000
Surrender
7 years
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 7-Year | 2.4% |
Key Features
Guaranteed Lifetime Income Withdrawals
Continues for lifetime of covered person(s)Once you elect to begin withdrawals, you receive a guaranteed income for life, even if your contract value drops to zero.
Income Growth Credit
7.5% annually (before withdrawals begin)Your guaranteed income amount increases by 7.5% each year you don't take withdrawals, calculated as simple interest on your initial guaranteed amount.
Initial Interest Rate Guarantee
7 yearsYour interest rate is locked in and guaranteed for the first 7 years of the contract.
Penalty-Free Withdrawals
10% annually after first contract yearYou can withdraw up to 10% of your contract value annually with no charges or market adjustments during the guarantee period, plus RMD withdrawals and guaranteed income withdrawals.
Withdrawal Charge Schedule
8% to 2% declining over 7 yearsExcess withdrawals during the 7-year guarantee period are subject to declining charges (8% year 1 down to 2% year 7); no charges apply after year 7.
Minimum and Maximum Contributions
$25,000 minimum; $1,000,000 maximum (without approval)Flexible investment amounts with a reasonable minimum to start and a high maximum.
Issue Age Range
Ages 50–80Available to individuals and couples within a specific age range, including IRA rollovers.
Withdrawal Charge Waivers
Extended care, terminal illness, or ADL waiverCharges are waived if you enter extended care, face terminal illness, or cannot perform activities of daily living.
Highlights
Guaranteed lifetime income you can't outlive, even if your account value reaches zero
7.5% annual income growth credit that builds your guaranteed income before you start withdrawals
Access to 10% of your contract value annually penalty-free, plus other withdrawal flexibility
Fixed 7-year interest rate guarantee with predictable renewal rates
Multiple ownership options including IRAs, trusts, and joint accounts
Surrender Schedule
Yr 1
7%
Yr 2
6%
Yr 3
5%
Yr 4
4%
Yr 5
3%
Yr 6
2%
Yr 7
1%
After
0%
Activities of daily living, Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Individuals and couples ages 50–80 who want guaranteed lifetime retirement income, prefer predictable interest rates, need access to their money, and want to maximize income by delaying withdrawals.
Consider Alternatives If
Those who need immediate high liquidity, expect to access more than 10% of their contract annually during the guarantee period, or prefer market-linked growth potential.
Carrier Ratings
Free Comparison Report
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