Benefits beyond income

Be prepared with options for life’s unexpected events

Enhanced income for care

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. Please keep in mind, this benefit is not a substitute for LTC coverage. The chart below shows a hypothetical example of John’s Enhanced Income Amount if he were to become confined at age 80.1


1 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.

Legacy options

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 five 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 graph below shows a hypothetical example of the death benefits available to John’s heirs if he were to pass away at age 70.


This chart is hypothetical and designed to show an example of the death benefit options available. These values are not guaranteed; your experience will be different. For more information about the assumptions used in this example, please see the Income Case Study. For more information on the death benefits available, see the Key Terms and Definitions. Withdrawals, including Lifetime Income Withdrawals, reduce the Standard Death Benefit and the Income Rider Death Benefit.

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.3 (09/21)