Growth and protection

Prepare for retirement with greater confidence

With X5 Advantage®, you can feel confident that your principal will always be 100% protected from negative index performance. Additionally, you have a variety of opportunities to choose from to help you grow your retirement savings. You can earn interest based in part on the positive movement of one or more indices, and once locked in, your interest cannot be lost due to negative index performance.


Principal protection

Your principal is 100% protected from negative index performance


Growth opportunity

Benefit from growth opportunities based in part on the positive performance of an index

Exclusive growth opportunities: X5 Crediting Strategies

At the start of your contract, you have your choice of crediting strategies, including some options exclusively designed for X5 Advantage. These strategies have different Crediting Strategy Components which include a Participation Rate and Spread that, along with the underlying index performance, will determine the amount of interest earned and credited to your account each Strategy Term. See the Calculating Performance section to better understand these different components and how they work together to determine your credited interest.

X5 Advantage’s patent-pending X5 Crediting Strategies are designed to help you grow your money while providing 100% principal protection. You have the choice between a 5-Year option and a 10-Year option. Performance of the index – with the chosen Crediting Strategy and its Crediting Strategy Components – is tracked and captured at the end of each Index Term. After the final Index Term within each Crediting Strategy, returns are compounded and interest is credited. You also have the option of a traditional 1-Year Point-to-Point Crediting Strategy (subject to certain restrictions and limitations).

How the X5 Crediting Strategies work


Hypothetical Assumptions: 5-Year X5 Crediting Strategy, 120% Participation Rate, 0% Spread, -5% Index Term Floor with Crediting Strategy Components held consistent for each new Index Term. All examples are hypothetical, for illustrative purposes only, and not indicative of any actual indices you might choose, index performance, interest earnings, Participation Rates, Spreads, Income Base Floors, Maximum Annual Withdrawal Amount, or any other components. For additional examples, ask your Financial Professional.

Understanding Compound Index Term Performance


Interest is credited at the end of the Strategy Term by compounding the returns for the 5 Index Terms.

The 5-Year X5 Crediting Strategies feature 1-Year Index Terms, and the 10-Year X5 Crediting Strategies feature 2-Year Index Terms. You have the option to select a different index at the end of each Index Term and a new Crediting Strategy at the end of each Strategy Term, subject to certain restrictions and limitations. The Index Term Floor, which limits your exposure to downside risk during the Index Term, is currently -5% (for 5-Year X5 Crediting Strategies) and -10% (for 10-Year X5 Crediting Strategies).

A 1-Year Point-to-Point Crediting Strategy is also available. For more information about Crediting Strategies, please refer to the Key Terms and Definitions and the Owner Acknowledgment and Disclosure Statement. For the most current rates for each strategy, please ask your Financial Professional or Agent for a Rate Sheet.

1 In the Contract, the Strategy Return is referred to as the Index Account Return, which is the greater of the Compounded Index Term Performance or zero.

2 The Index Term is a period used to measure any change in the index. Index Terms are 1-Year with a 5-Year Strategy Term, or 2-Years with a 10-Year Strategy Term. The Index Term Floor is currently -5% for 5-Year X5 Crediting Strategies and -10% for 10-Year X5 Crediting Strategies.

This material was prepared to support the marketing of X5 Advantage Annuity. 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 X5 Advantage 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. X5 Advantage 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) (AG-808-ID (07/19) for Idaho residents). 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 issue products in the state of New York. Annuities and riders may vary by state and are not available in all states.

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.

I6040MIC.2 (03/21)