Annuity rate data updated daily

Rate data refreshes daily from AdvisorWorld and CANNEX carrier feeds. View current rates

Fixed Indexed Annuity

Power Index 5 Plus

Corebridge Financial

9.6%

Best Cap

10%

Free W/D

50

Jurisdictions

Product data status: May 29, 2026

Rates, state availability, rider terms, and contract language must be confirmed with a licensed financial advisor or insurance professional before purchase. Guarantees are backed by the issuing insurer.

Live product data

Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.

S&P 500 annual cap rate

9.6% cap on S&P 500

A five-year-surrender fixed indexed annuity from an A-rated Corebridge carrier, built for index-linked accumulation across cap, participation, multi-year cap, and fixed-trigger strategies on a mix of recognizable benchmark and proprietary volatility-controlled indexes, with no income rider and no premium bonus.

1-year termAdvisorWorld + CANNEX data

Best fit

Buyers who want index-linked accumulation on a shorter five-year surrender commitment, value the ability to mix crediting designs (cap, participation, multi-year cap, trigger) on the same S&P 500 exposure, can meet the contract's higher minimum-premium threshold, and don't need a guaranteed lifetime-income rider built into the contract.

AM Best

A Excellent

Surrender period

5 years

Free withdrawal

10%/yr

Availability

50 jurisdictions (excl. New York)

Featured crediting strategies

Index / strategyRate mechanics

S&P 500

S&P 500 Index

9.6% cap rate

Rate varies by premium band.

S&P 500

S&P 500 Index

100% participation rate + 7.35% declared rate

Rate varies by premium band.

S&P 500

S&P 500 Index

52% participation rate

Rate varies by premium band.

S&P 500

S&P 500 Index

60% cap rate

Rate varies by premium band.

Fixed Account

Fixed Account

4% declared rate

Rate varies by premium band.

+ 5 volatility-controlled index options (Franklin, Balanced, MSCI EAFE...)

Product analyst notes

How to think about this contract

Why it can stand out

  • Carrier financial-strength is rated by three independent agencies (A.M. Best, S&P, and Moody's), so the strength view is not a single-source read.
  • Surrender term runs five years rather than the seven- or ten-year terms common on retail FIAs — the shortest commitment window in the Corebridge FIA lineup, with the full surrender ladder visible on this page.
  • Three crediting designs are offered on the S&P 500 alone — annual point-to-point cap, participation rate, and a fixed-rate trigger — so a buyer who wants S&P exposure can pick the mechanic that best fits their view of the index, rather than being locked into a single style. A fourth multi-year S&P 500 cap is also offered for buyers willing to lock crediting over the full term.
  • Index menu spans recognizable benchmark indexes (S&P 500, Russell 2000, MSCI EAFE) alongside proprietary volatility-controlled options (Franklin Quality Dividend Total Return 5%, ML Strategic Balanced, PIMCO Global Optima), so the buyer can choose between like-for-like cap comparison and higher-participation alternatives.

What to confirm

  • This contract is not a guaranteed-lifetime-withdrawal product. There is no GLWB income rider attached — the live feed shows an empty income-rider list — and the only contract-level enhancements are surrender-charge waivers (nursing home, terminal illness, RMD, activities of daily living). Do not compare its payout side-by-side with a rider-led income FIA.
  • The published minimum-premium threshold on this filing is at the high end of the FIA market and excludes smaller buyers; check the live key-facts panel for the current minimum and confirm with the carrier before assuming a smaller initial premium will be accepted.
  • There is no premium bonus and no death-benefit roll-up on this contract — the death benefit is the standard contract value, with no guaranteed legacy bump. The 'Plus' in the product name is the carrier's marketing for the multi-strategy chassis, not a bonus designation.
  • Several of the listed indexes (Franklin Quality Dividend Total Return 5%, ML Strategic Balanced, PIMCO Global Optima) are proprietary volatility-controlled benchmarks. Participation rates on these strategies can look high in absolute terms but are not directly comparable to an uncontrolled S&P 500 cap — evaluate each strategy on its own merits. The guaranteed-minimum cap floor on this filing is also very low, so caps and participation rates can reset down toward that floor over the five-year surrender term, and the buyer carries that renewal risk for the full term. New York buyers should note that this filing is not available in NY; Corebridge offers a separate NY-only Power Index 5 sibling filing for New York residents.

Not ideal for

Buyers who need a contractually guaranteed GLWB-rider withdrawal rate, want a premium bonus, expect a death-benefit roll-up beyond the standard contract value, or have an initial premium below the contract's minimum-premium threshold — none of those are what this contract is built to deliver. Also not available to New York residents on this filing; NY buyers should look at the sibling Power Index 5 NY filing instead.

All crediting strategies

View rate listings (20 rows)

These are the current crediting strategy listings returned for this product. Use the filters to narrow by index, term, premium band, or rate type.

Par: 120% · 1-yr

ML Strategic Balanced Index

participation

5-yr surrender$100,000+

Par: 100% · 1-yr

Franklin Quality Dividend Total Return 5% Index

participation

5-yr surrender$100,000+

Par: 100% + Fixed: 7.35% · 1-yr

S&P 500 Index

trigger

5-yr surrender$100,000+

Par: 85% · 1-yr

PIMCO Global Optima Index

participation

5-yr surrender$100,000+

Par: 52% · 1-yr

S&P 500 Index

participation

5-yr surrender$100,000+

Cap: 10.1% · 1-yr

MSCI EAFE Index

cap

5-yr surrender$100,000+

Cap: 10.1% · 1-yr

Russell 2000 Index

cap

5-yr surrender$100,000+

Cap: 9.6% · 1-yr

S&P 500 Index

cap

5-yr surrender$100,000+

Fixed: 4% · 1-yr

Fixed Account

fixed

5-yr surrender$100,000+

Cap: 60% · 5-yr

S&P 500 Index

cap

5-yr surrender$100,000+

Par: 120% · 1-yr

ML Strategic Balanced Index

$100,000+

Par: 100% · 1-yr

Franklin Quality Dividend Total Return 5% Index

$100,000+

Par: 100% + Fixed: 7.35% · 1-yr

S&P 500 Index

$100,000+

Par: 85% · 1-yr

PIMCO Global Optima Index

$100,000+

Par: 52% · 1-yr

S&P 500 Index

$100,000+

Cap: 10.1% · 1-yr

MSCI EAFE Index

$100,000+

Cap: 10.1% · 1-yr

Russell 2000 Index

$100,000+

Cap: 9.6% · 1-yr

S&P 500 Index

$100,000+

Fixed: 4% · 1-yr

Fixed Account

$100,000+

Cap: 60% · 5-yr

S&P 500 Index

$100,000+

Income riders

Accumulation-focused — no income rider

This contract is designed for tax-deferred accumulation, not guaranteed lifetime income. No GLWB rider was returned because none is part of the contract design — compare against other accumulation FIAs on cap, participation rate, and surrender terms rather than lifetime income.

Key Features

Free withdrawal

10%/yr

Annual amount that may be available without surrender charges, subject to contract terms.

Surrender waivers

4

Activities of daily living, Nursing home waiver, RMD waiver, Terminal illness waiver

Death benefit

Standard Death Benefit

Beneficiary value depends on contract terms, withdrawals, and rider elections.

Strategy guarantee

Minimum guaranteed cap: 1.00%

Strategy guarantee

Minimum guaranteed declared rate: 1.00%

Strategy guarantee

Guaranteed minimum interest rate (fixed): 1.00%

Annuitization options

Single and joint

Contract conversion options should be confirmed before purchase.

Fund types

Non-qualified, Qualified

Availability can vary by state and product terms.

Surrender schedule

Yr 1

8%

Yr 2

7%

Yr 3

6%

Yr 4

5%

Yr 5

4%

After

0%

Nursing home waiver, RMD waiver, Terminal illness waiver, Surrender waivers

Documents

product guide

power index 5 plus 2.pdf

Confidence: highReviewed Apr 14, 2026

Direct link not published — request the document from the carrier.

Carrier Ratings

AM BestA
S&PA+
Moody'sA2
S&PA+

Contract notes from product data

Crediting design

How the interest-crediting choices are framed

Power Index 5 Plus currently shows 10 distinct indexed or fixed crediting choices across 20 current rate listings, including S&P 500 Index, with 5 volatility-controlled index options grouped separately. These choices matter because caps, participation rates, fixed accounts, spreads, and renewal terms are different mechanics and should not be ranked as one simple rate list.

  • S&P 500 Index: 9.6% cap
  • S&P 500 Index: 100% participation
  • S&P 500 Index: 52% participation

Liquidity terms

Why access rules deserve as much attention as rates

A fixed indexed annuity can preserve more control than an income-only contract, but access is still governed by the surrender schedule, free-withdrawal terms, and waiver language. Those details are where many product comparisons become more meaningful than a simple rate list.

  • 10%/yr free withdrawal
  • 5 surrender years
  • Nursing home waiver
  • RMD waiver
  • Terminal illness waiver

Verification note

Use carrier materials as term evidence, then confirm the current version

Carrier materials such as power index 5 plus 2.pdf help explain the contract language behind the data on this page; the latest document activity we see is Apr 24, 2026. For the current brochure, rate sheet, or specimen contract, confirm the state-specific version with the carrier or a licensed financial professional.

  • Rates and rider terms can vary by state and issue age
  • Carrier guarantees depend on claims-paying ability
  • Current contract forms should be confirmed before purchase

Free Comparison Report

Get a personalized Power Index 5 Plus illustration

See year-by-year projections for your specific age, premium, and income goals.

Get Free Report

Related Resources