X5 Advantage Annuity®

Issued by American General Life Insurance Company

Prepare for retirement today

The X5 Advantage Annuity® is designed to generate increasing lifetime income, grow your premium, and protect against market downturns while helping you navigate retirement with greater confidence. The benefits of X5 Advantage® include:

Income growth opportunities

After you begin withdrawals, create a source of retirement income that may grow with your needs

Increasing lifetime income

100% principal protection with the potential to grow your Contract Value based in part on positive index performance

Legacy & care

Protect yourself and your loved ones with options for unexpected events

X5 Advantage Annuity®

The power of increasing income before retirement

250% of credited interest1

X5 Advantage is designed to provide a stronger source of income than traditional withdrawal strategies. Not only will income be guaranteed for life, but your future income growth may be accelerated based on the unique features of the product.
Your Income Base, the amount used to calculate lifetime income, grows by 250% of your credited interest rate prior to lifetime income activation.2 This example shows how any interest you’ve earned at the end of a Strategy Term could increase and be applied to your Income Base.

Potential for increases during retirement

100% of Rider Return

After lifetime income activation, your Income Base can continue to grow by 100% of your credited interest rate, which increases your lifetime income payment. The accompanying example assumes you have activated lifetime income after 10 Contract Years.
Hypothetical Assumptions: $100,000 premium, single life, issue age 60, 10-Year X5 PIMCO Crediting Strategy for the first 10 years, 1-Year Point-to-Point Crediting Strategy for remaining years. Daily Benefit Base grows at 250% of the credited interest rate with no withdrawals until lifetime income activation and 100% of the credited interest rate thereafter. Assumes no withdrawals before activation, which will cause the values shown to be lower. $501,366 Income Base at lifetime income activation in year 10, $584,711 Income Base in year 11, $594,199 Income Base in year 12 and 4.60% Maximum Lifetime Withdrawal Percentage at age 70. Lifetime Income is based on 100% of the interest credited over the next two Strategy Terms: 16.62% credited interest for the first Strategy Term after activation (Year 11) and 1.62% for the second Strategy Term after activation (Year 12). This is a hypothetical example of a 1-Year Point-to-Point Crediting Strategy after lifetime income activation, which provides the opportunity to increase income every year. If you were to elect a 5-Year X5 Crediting Strategy after activation, your income would have the opportunity to increase every 5 Years. Your experience will be different. Ask your financial professional or agent for a Rate Sheet, which includes current Maximum Annual Withdrawal Percentages.

Legacy & care

Offer loved ones their choice of benefit

X5 Advantage offers your beneficiaries a choice of death benefits: an immediate lump-sum Standard Death Benefit or the Income Rider Death Benefit paid out monthly over 5 years. Your heirs may determine the option that works best for them when the benefit is payable. Other Standard Death Benefit distribution options may be available. The accompanying graph shows a hypothetical example of the death benefits available to the heirs if the policy owner were to pass away at age 70, based on the assumptions below. For more details, please see the X5 Advantage brochure.

Hypothetical Assumptions: Hypothetical Assumptions: $100,000 premium, single life, issue age 60, 10-Year X5 PIMCO Crediting Strategy for the first 10 years, 1-Year Point-to-Point Crediting Strategy for remaining years. Daily Benefit Base grows at 250% of the credited interest rate with no withdrawals until lifetime income activation and 100% of the credited interest rate thereafter. 4.85% Maximum Annual Withdrawal Percentage at age 70. Assumes no withdrawals before activation, which will cause the values shown to be lower. Lifetime Income activation is only available on or after the 10th Contract Anniversary. Credited interest is hypothetical; actual results will differ. Crediting Strategies and their underlying indices are not guaranteed to produce positive results; you may experience years with no credited interest. This is a hypothetical example designed to show how the death benefit could work. It is not an actual result and is created with the benefit of hindsight. Results will vary. For Key Terms and Definitions, please see pages 18-19 of the X5 Advantage consumer brochure.

Double income during confinement

X5 Advantage provides a unique benefit to help you in the event that you become confined to a nursing home or other qualified facility. The lifetime income that you would receive could double for up to five years. This chart shows a hypothetical example of the Enhanced Income Amount if the policy owner were to become confined at age 80. For more details, please see the X5 Advantage brochure.
The Enhanced Income Amount is available if the annuitant is confined to a qualified care facility after activating lifetime income and the eligibility requirements are met. The benefit amount will continue until the earliest of five years, until confinement ends, at the Maturity Date, or until the Contract Anniversary following the date when the Contract Value is reduced to zero at which time the income would return to the Maximum Annual Withdrawal Amount. This benefit is not Long Term Care (LTC) insurance and is not a substitute for such coverage.
1 Regardless of the amount of interest credited to your Contract, starting on the 10th Contract Anniversary your Income Base will at least equal the Income Base Floor, which is equal to the Income Base Floor Percentage applied to your premium less all withdrawals that are not Lifetime Income Withdrawals. Please refer to the Guaranteed Living Benefit Rate Sheet Flyer for the Income Base Floor applicable to your living benefit.

2 Your Income Base is not your Contract Value and cannot be withdrawn partially or as a lump sum. If you take withdrawals before activating lifetime income (“before retirement”), your Income Base will be reduced by the same proportion as your withdrawal reduces your Contract Value, which will reduce your future income.

This material was prepared to support the marketing of the X5 suite of fixed index annuities. This information is general in nature, may be subject to change and does not constitute legal, tax or accounting advice from any company, its employees, financial professionals or other representatives.

Applicable laws and regulations are complex and subject to change. For advice concerning your situation, consult your attorney, financial professional, tax advisor, or accountant.

Tax-qualified plans such as IRAs, 401(k)s or 403(b) plans are tax deferred regardless of whether or not they are funded with an annuity. If you use the X5 FIA suite to fund a tax-qualified plan, you should know that an annuity does not provide any additional tax-deferred treatment of interest beyond the treatment by the tax-qualified plan itself. You should only use an index annuity in a tax qualified plan if you want to benefit from features other than tax deferral. If you intend to take Required Minimum Distributions (RMDs), please consult with a tax advisor concerning your particular circumstances. The X5 FIA suite may not be appropriate if you plan to make ongoing contributions.

Indices are not a permanent part of the contract and may be removed due to circumstances beyond the control of American General Life Insurance Company. Such circumstances include, but are not limited to, the discontinuation of an index, a change in the composition or calculation of an index, the inability to license the use of an index and the inability to hedge risks associated with the index. Special rules govern how assets in an index account with a discontinued index may be reallocated. These rules may differ by state. Please see the Owner Acknowledgment and Disclosure Statement for more information.

Genesis Development Group, Inc. has patents and patents pending that may cover elements of the products discussed in this document. This document does not convey any license or other rights in these patents.

Annuities are issued by American General Life Insurance Company (AGL), 2727-A Allen Parkway, Houston, Texas 77019. X5 Advantage Single Premium Deferred Fixed Index Annuity, Contract Number AG-808 (07/19). X5 Accelerator Single Premium Deferred Fixed Index Annuity, Contract Number AG-808 (07/19). AGL is a member company of American International Group, Inc. (AIG). The underwriting risks, financial and contractual obligations and support functions associated with the annuities issued by AGL are its responsibility. Guarantees are backed by the claims-paying ability of AGL. AGL does not solicit, issue or deliver policies or contracts in the state of New York. Annuities and riders may vary by state and are not available in all states. This material is not intended for use in the state of Idaho or New York.

Annexus is an independent product distribution firm that works with Independent Distribution Companies to distribute retirement products. Annexus is not affiliated with AIG or AGL.

I6317WEB (07/22)