Multi-Year Guaranteed Annuity
Foundation Annuity
Guarantee terms
5 · 7 yrs
Free withdrawal
10% published tier; confirm timing and exceptions
Market value adj.
Varies by version
Minimum premium
$25,000
Availability
50 jurisdictions (49 states + DC)
Surrender schedule
7-year option published contract option; match to the selected rate before purchase
Interest crediting
Compound — CANNEX yield row, no simple-interest flag
Rates effective
Sep 21, 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 |
|---|---|---|---|---|---|
| 5-yearSchedule not publishedHighest | 5.55% | 5.55% | Flat throughout | $131,006+$31,006 interest | +0.35 ptsmedian 5.20% · n=118 |
Rate figures use a $100,000 comparison premium and are scoped to the selected contract version. Term-end values are illustrative calculations using the published rate and crediting convention with no withdrawals. Market comparisons appear only when the same-day term distribution includes at least five comparable products.
How 5.55% grows over 5 years
Follow a deposit through the complete guarantee term.
The calculator shows outcomes only when the entered premium matches a published rate band. No rate or ending value is inferred outside those bands.
| Year | Rate credited | Interest | Balance |
|---|---|---|---|
| Year 1 | 5.55% | +$5,550 | $105,550 |
| Year 2 | 5.55% | +$5,858 | $111,408 |
| Year 3 | 5.55% | +$6,183 | $117,591 |
| Year 4 | 5.55% | +$6,526 | $124,117 |
| Year 5 | 5.55% | +$6,889 | $131,006 |
| Compound-equivalent annual rate over the full term | 5.550% | ||
How the number is calculated
- Product
- Foundation Annuity
- Schedule
- 5.55% for 5 years
- Crediting
- Compound interest
- Ending value
- $131,006
- Effective rate
- 5.550% per year
Equivalent: a flat MYGA paying 5.55% compounded annually reaches the same ending value. Confirm the crediting convention on the issued contract.
Getting money out
What it costs to leave early, and what you can take without a charge.
Surrender schedule · published contract options
A term-matched surrender schedule is not published for this rate row. Confirm the applicable contract schedule before purchase.
A market value adjustment may still raise or lower proceeds 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
Standard Death Benefit
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
Varies by contract version
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 25, 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.