Annuity rate data updated daily

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

Fixed Indexed Annuity

Power Index Premier NY

Corebridge Financial

7.5%

Best Cap

10%

Free W/D

New York

Only state

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

7.5% cap on S&P 500

A seven-year-surrender accumulation FIA from a tri-agency-rated carrier, filed only in New York and built around recognizable annual cap strategies on the S&P 500, Russell 2000, MSCI EAFE, and Nasdaq-100 plus S&P 500 and Nasdaq-100 trigger strategies — no optional GLWB income rider on this filing.

1-year termAdvisorWorld + CANNEX data

Best fit

New York buyers who want index-linked accumulation through a mix of cap and trigger mechanics on recognizable US and international equity benchmarks in one contract, prefer a seven-year deferral over a longer ten-year bonus FIA, and don't need a guaranteed lifetime-income rider built into the contract.

AM Best

A Excellent

Surrender period

7 years

Free withdrawal

10%/yr

Availability

New York only

Featured crediting strategies

Index / strategyRate mechanics

S&P 500

S&P 500 Index

7.5% cap rate

Rate varies by premium band.

S&P 500

S&P 500 Index

100% participation rate + 5.85% declared rate

Rate varies by premium band.

Nasdaq-100

Nasdaq-100 Index

8% cap rate

Rate varies by premium band.

Nasdaq-100

Nasdaq-100 Index

100% participation rate + 5.85% declared rate

Rate varies by premium band.

+ 2 volatility-controlled index options (MSCI EAFE, Russell 2000)

Lifetime Income Riders

Income rider

Income Builder

RMD friendly
Lifetime payout rate7.5% lifetime payout

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 on this page is triangulated rather than single-sourced.
  • Crediting menu spans multiple recognizable equity benchmarks in one contract — annual point-to-point cap strategies on the S&P 500, Russell 2000, MSCI EAFE, and Nasdaq-100, plus annual trigger strategies on the S&P 500 and Nasdaq-100 — so a buyer in New York can pick between cap and trigger mechanics across both US and international benchmarks within a single chassis.
  • Surrender term runs seven years rather than the ten-year ladder common on bonus-paying retail FIAs, and the schedule declines each year — a shorter lockup commitment than many longer-deferral peers.
  • Free-withdrawal allowance and the full seven-year surrender ladder are visible on this page rather than buried in a brochure, alongside a published carrier advisor sheet in the documents section below.

What to confirm

  • This is the New York-only filing of the Power Index family — the 50-state sibling (Power Index Plus) is a different contract on a different filing with a different strategy menu and different cap levels. Buyers outside New York are quoted on the Plus filing, not this one; buyers in New York are quoted on this filing and cannot elect the Plus contract. Confirm which filing the illustration is built against.
  • This contract is NOT a guaranteed-lifetime-withdrawal product. The live feed shows no optional GLWB rider attached and no Protected Income Value chassis — buyers who need a contractually published lifetime-withdrawal rate should look outside this filing.
  • There is no premium bonus and no return-of-premium guarantee on this contract — features that bonus-paying retail FIAs often include. Buyers comparing this to a bonus FIA should weigh the absence of a bonus against the shorter seven-year surrender term.
  • Minimum premium on this filing is materially higher than the carrier's typical FIA entry point — confirm the funding amount fits the contract minimum before building an allocation around it.

Not ideal for

Buyers outside New York (who are quoted on the Power Index Plus 50-state sibling, not this filing), buyers who need a contractually published GLWB lifetime-withdrawal rate, want a premium bonus to offset a longer surrender term, or need a death-benefit roll-up beyond the standard death benefit — none of those are what this contract is built to deliver.

All crediting strategies

View rate listings (12 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: 100% + Fixed: 5.85% · 1-yr

S&P 500 Index

trigger

7-yr surrender$100,000+

Par: 100% + Fixed: 5.85% · 1-yr

Nasdaq-100 Index

trigger

7-yr surrender$100,000+

Cap: 8% · 1-yr

MSCI EAFE Index

cap

7-yr surrender$100,000+

Cap: 8% · 1-yr

Russell 2000 Index

cap

7-yr surrender$100,000+

Cap: 8% · 1-yr

Nasdaq-100 Index

cap

7-yr surrender$100,000+

Cap: 7.5% · 1-yr

S&P 500 Index

cap

7-yr surrender$100,000+

Par: 100% + Fixed: 5.85% · 1-yr

S&P 500 Index

$100,000+

Par: 100% + Fixed: 5.85% · 1-yr

Nasdaq-100 Index

$100,000+

Cap: 8% · 1-yr

MSCI EAFE Index

$100,000+

Cap: 8% · 1-yr

Russell 2000 Index

$100,000+

Cap: 8% · 1-yr

Nasdaq-100 Index

$100,000+

Cap: 7.5% · 1-yr

S&P 500 Index

$100,000+

Income riders

Income rider

Lifetime Income Builder

RMD friendly
Lifetime withdrawal rate7.5%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed10 years
Issue age50 — 80
Joint availabilityJoint life

GLWB

Key Features

Free withdrawal

10%/yr

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

Death benefit

Standard Death Benefit

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

Strategy guarantee

Minimum guaranteed cap: 2.95%

Strategy guarantee

Minimum guaranteed declared rate: 2.70%

Strategy guarantee

Minimum guaranteed participation: 100.00%

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

9%

Yr 2

8%

Yr 3

7%

Yr 4

6%

Yr 5

5%

Yr 6

4%

Yr 7

3%

After

0%

Documents

advisor sheet

New-Power-Index-Premier-NY-Index-Annuity.pdf

Confidence: highReviewed Apr 9, 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 Premier NY currently shows 6 distinct indexed or fixed crediting choices across 12 current rate listings, including S&P 500 Index and Nasdaq-100 Index, with 2 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: 7.5% cap
  • S&P 500 Index: 100% participation
  • Nasdaq-100 Index: 8% cap

Income rider language

What to look for before treating the rider as income

Lifetime Income Builder is the main income-rider entry returned for this product. Rider terms can affect the tradeoff between future lifetime withdrawals, contract value, beneficiary value, and cost, so the exact state version and rider election should be confirmed before comparing it to annuitization or income-only contracts.

  • 7.5% withdrawal rate
  • 10 deferral years
  • RMD friendly
  • Joint life availability

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
  • 7 surrender years

Verification note

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

Carrier materials such as New-Power-Index-Premier-NY-Index-Annuity.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 Premier NY illustration

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

Get Free Report

Related Resources