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