Multi-Year Guaranteed Annuity
Pathway Choice Focus NY
Guarantee terms
3 · 4 · 5 · 7 yrs
Free withdrawal
10% published tier; confirm timing and exceptions
Market value adj.
Does not apply
Minimum premium
$25,000
Availability
New York Only state
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 |
|---|---|---|---|---|---|
| 3-yearSchedule not published | 5.05% | 5.05% | Flat throughout | $115,928+$15,928 interest | -0.15 ptsmedian 5.20% · n=118 |
| 4-yearSchedule not published | 5.05% | 5.05% | Flat throughout | $121,782+$21,782 interest | Not available |
| 5-yearSchedule not publishedHighest | 5.15% | 5.15% | Flat throughout | $128,542+$28,542 interest | -0.05 ptsmedian 5.20% · n=118 |
| 7-yearSchedule not publishedHighest | 5.15% | 5.15% | Flat throughout | $142,123+$42,123 interest | -0.05 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 5.15% 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 | 5.15% | +$5,150 | $105,150 |
| Year 2 | 5.15% | +$5,415 | $110,565 |
| Year 3 | 5.15% | +$5,694 | $116,259 |
| Year 4 | 5.15% | +$5,987 | $122,247 |
| Year 5 | 5.15% | +$6,296 | $128,542 |
| Compound-equivalent annual rate over the full term | 5.150% | ||
How the number is calculated
- Product
- Pathway Choice Focus NY
- Schedule
- 5.15% for 5 years
- Crediting
- Compound interest
- Ending value
- $128,542
- Effective rate
- 5.150% per year
Equivalent: a flat MYGA paying 5.15% 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.
The published contract data says a market value adjustment does not apply.
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
- Filed and approved for sale in New York — this is the NY-specific filing of the Pathway Choice family, built to comply with the New York Department of Financial Services rules that the multi-state Pathway Choice filing cannot satisfy. New York buyers who otherwise see 'not available in NY' messaging on the multi-state sibling can actually purchase this contract.
- Four term choices on a single filing — 3, 4, 5, and 7 years — let a buyer pick the exact horizon they want a flat declared rate locked for, instead of being forced into a single term length.
- Surrender schedule is a milder 7-year linear ladder that steps down each year (a softer early-year charge than the multi-state Pathway Choice sibling's harsher front-loaded schedule) — an unplanned early exit beyond the annual free-withdrawal allowance is still costly, but less punishing in years one through three than the non-NY sibling filing.
- Backed by American General Life Insurance Company (Corebridge Financial) with carrier financial-strength views corroborated across three agencies — A.M. Best, Standard & Poor's, and Moody's — and the contract carries nursing-home, terminal-illness, and surrender waivers plus single- and joint-life annuitization options.
What to confirm
- Available only in New York — buyers in any other state cannot purchase this contract. The multi-state Pathway Choice (a separate filing) covers the other 49 jurisdictions and has a different surrender schedule and rate sheet. Confirm the contract being illustrated matches the buyer's state of residence.
- Surrender charges run a full 7 years before the contract becomes penalty-free, so the total lock-up window extends beyond every published guarantee period — even after a 3- or 5-year guarantee ends the contract can still carry a surrender charge into year 7. This is a multi-year commitment, not a short-term cash equivalent.
- Posted rates on this page assume a specific premium-band and issue-age scenario; deposits in lower or higher bands may earn a different guaranteed rate, so the headline does not apply universally — verify the rate for the actual deposit size before signing.
- The death benefit is the standard contractual beneficiary value with no roll-up or step-up enhancement, and there is no guaranteed-lifetime-withdrawal rider on this contract — this contract is built for flat rate certainty over the chosen term, not for legacy enhancement, market-linked upside, or guaranteed lifetime income.
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 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
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
2
NY · No MVA · No liquidity rider · Published version 1 · NY · No MVA · No liquidity rider · Published version 2
Source
CANNEX via AdvisorWorld
Normalized facts observed Sep 25, 2026.
State availability
New York only 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.