Multi-Year Guaranteed Annuity
Foundation Annuity
Guarantee terms
5 · 7yrs
Free withdrawal
10%per year
Market value adj.
Variesby version
Minimum premium
$25,000
Availability
50Available jurisdictions
Surrender schedule
5-yearpublished CDSC · 9% → 5%
Interest crediting
Confirmper quote
Rates effective
Aug 17, 2026
Guaranteed rates by term
Published guaranteed rates are shown as provided. No effective annual rate, ending value, or relative market result is inferred when the interest-crediting convention is not published.
| TermSurrender schedule | Published guaranteed rateAs provided in feed | Published annual rateContract rate | Rate structureFull guarantee | Term-end valueWhen calculable | Rate contextConvention required |
|---|---|---|---|---|---|
| 5-year$25,000–$99,999 premium · 5-yr surrender schedule | 4.70% | 4.70% | Flat throughout | Outside this premium band | Outside the $100,000 reference band |
| 5-year$100,000–$2,000,000 premium · 5-yr surrender scheduleHighest | 5.15% | 5.15% | Flat throughout | Crediting convention not published | Not calculated without crediting convention |
Rate figures use a $100,000 reference premium and are scoped to the selected contract version. Effective yield, ending value, and relative market results remain unavailable until the interest-crediting convention is published.
Getting money out
What it costs to leave early, and what you can take without a charge.
Surrender charge · 5-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 annual rate locked for the chosen term — no index, no cap, no participation rate, no moving parts. The rate set at issue is the rate for every year of the guarantee period.
- Issued by American General Life Insurance Company, a Corebridge Financial subsidiary, with multi-agency carrier strength ratings (A.M. Best A, S&P A+, Moody's A2) shown directly on this page, so the guarantee view is corroborated across more than one rating agency.
- Two guarantee-period choices — 5-year and 7-year — sit under the same filing, so a buyer can match the term length to a specific planning horizon, and the rate-by-term table on this page shows the term/yield trade-off directly without leaving the contract.
- Standard liquidity terms are published on the page from the live feed — the annual free-withdrawal allowance, the declining 7-year surrender ladder, and the nursing-home and terminal-illness waivers are all visible before the application rather than being gated behind a sales brochure.
What to confirm
- Surrender charges run the full 7-year ladder and start in the high single digits in the first contract year before stepping down — a buyer who may need to exit before the end of the chosen guarantee period should price the early-exit charge against the guaranteed rate before committing principal.
- Premium-band pricing means the headline guaranteed rate may not apply to a buyer's actual contribution — the live rate schedule shows multiple bands at the same term, so confirm which premium band the planned deposit falls into before relying on a specific rate, and re-check the rate-by-term table for the matching band.
- The death benefit on this contract is the Standard Death Benefit — a beneficiary receives the account value as defined by the contract, not a stepped-up or rollup-enhanced value. Buyers who specifically want an enhanced death benefit or an income guarantee should look at a different filing, as this contract carries no lifetime-income rider.
- This contract is offered across most U.S. jurisdictions but is not available in New York — confirm availability for the buyer's state of residence in the state-availability section on this page before any planning work, because eligibility is filing-by-filing rather than nationwide by default.
Contract facts
Everything the normalized public CANNEX contract reports. Gaps are labeled, not guessed.
Premium
$25,000 minimum
$2,000,000 maximum
Issue ages
18–85 or 18–90 (annuitant and owner; applicability by range not published)
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
Cash Surrender Value
Surrender charges may apply; a market value adjustment depends on the contract version.
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
Applies
Early surrender can return less than premium.
Free-look period
Available; length not published
Length can vary by state; confirm on delivery.
Annuitization
Certain period · Joint life · Single life
Maximum annuitization age: 95 years
Fees and charges
None published
Contract versions
6
Most states · MVA · No liquidity rider · Published version 1 · Most states · MVA · No liquidity rider · Published version 2 · Most states · MVA · No liquidity rider · Published version 3 · Most states · MVA · No liquidity rider · Published version 4 · Most states · No MVA · No liquidity rider · Published version 1 · Most states · No MVA · No liquidity rider · Published version 2
Source
CANNEX via AdvisorWorld
Normalized facts observed Sep 4, 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.