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The American Pathway Deferred Income Annuity, a single-premium, delayed-income fixed annuity, essentially allows you to purchase a future source of income.

The American Pathway Deferred Income Annuity can help ease the uncertainty of your income in retirement. It also offers payment increase options, including an adjustment for inflation, based on the Consumer Price Index, published by the U.S. Bureau of Labor Statistics.

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PremiumMinimum Single Premium:
                         $20,000

Maximum Single Premium:
                         $1 million without prior home-office approval
Issue Agesn  0 - 90 for nonqualified contracts
n  0 - 69 for qualified contracts
Income Start Date AdjustmentYou can accelerate or defer the first payment date within 5 years of the
original income start date as long as it complies with the minimum and
maximum deferral periods. This feature may be elected once during the life
of the annuity contract.
Income Payment FrequencyMonthly, quarterly, semiannually, or annually.
Income Payment DeliveryMailed check or deposited into a designated savings or checking account.
Payment Increase OptionsAnnual payment increase 1% to 5% on each income start date anniversary (simple or compounded interest, flat dollar increase).
Consumer Price Index (CPI-U) Inflation AdjustmentAdjusted each January 1 after payments begin.
Death Benefitn  Death benefit is equal to the premium amount
n  Death benefit is equal to amount of premium plus
     compounded interest

n  No death benefit will be payable nor will any annuity
     payments ever be made
Income Payment Optionsn  Lifetime only 
n  Lifetime income with period certain 
n  Period certain only 
n  Lifetime income with installment refund 
n  Lifetime income with cash (lump-sum) refund
Free-Look Period10 days (longer if required by issuing state)


For more information:
Clients: Call Client Care Center at 1-800-424-4990 .
Selling Agents: Call Internal Wholesaling at 1-888-237-4210 .



AGLC106230, AGLC 106377, AGLC 106376, DIA-15DC413
W5399P2 (03/14)

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IMMEDIATE AND DEFERRED INCOME
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Annuities are long-term products designed for retirement. Early withdrawals may be subject to withdrawal charges. Withdrawals of taxable amounts are subject to ordinary income tax and, if taken prior to age 59½, an additional 10% federal tax may apply. Tax-qualified contracts such as IRAs are tax deferred regardless of whether or not they are funded with an annuity. If you are considering funding a tax-qualified retirement plan with an annuity, you should know that an annuity does not provide any additional tax-deferred treatment of earnings beyond the treatment by the tax-qualified retirement plan itself. However, annuities do provide other features and benefits, which may include but are not limited to a guaranteed death benefit and income options.

The Company, its distributors and representatives are not authorized to give legal, tax or accounting advice. Applicable laws and regulations are complex and subject to change. Any tax statements in this material are not intended to suggest the avoidance of U.S. federal, state or local tax penalties. For advice concerning your situation, consult your professional attorney, tax advisor or accountant.

Annuities are issued by American General Life Insurance Company (AGL), except in New York, where they are issued by The United States Life Insurance Company in the City of New York (US Life). All products and features may not be available in all states. The purchase of an annuity is not required for, and is not a term of, the provision of any banking service or activity.

AGL and US Life are members of American International Group, Inc. (AIG). All contract and optional benefit guarantees are backed by the claims-paying ability of the issuing insurance company and are not the obligation or responsibility of AIG.

 

 

Not FDIC or NCUA/NCUSIF Insured

 

 

May Lose Value No Bank or Credit Union Guarantee

Not a Deposit Not Insured by any Federal Government Agency