Foundation Annuity
Corebridge Financial
4.9%
5-yr guarantee
10%
Free W/D
50
Jurisdictions
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
5-year guaranteed rate
4.9% guaranteed for 5 years
A multi-year guaranteed annuity from American General Life (Corebridge Financial) offering 5-year and 7-year guaranteed-rate terms, an annual free-withdrawal allowance, a declining 7-year surrender ladder, and nursing-home and terminal-illness waivers — issued by an A.M. Best A-rated carrier.
Best fit
Safety-first buyers who want a known, contractually guaranteed annual rate for a fixed 5- or 7-year term from a Corebridge-backed, A.M. Best A-rated carrier, can match the contract term length to a defined planning horizon, and value the option to size their contribution into the higher premium band for an uplifted guaranteed rate.
AM Best
A Excellent
Surrender period
7 years
Free withdrawal
10%/yr
Product analyst notes
How to think about this contract
Why it can stand out
- A flat, contractually guaranteed annual rate locked for the chosen term — no index, no cap, no participation rate, no moving parts. The rate set at issue is the rate for every year of the guarantee period.
- Issued by American General Life Insurance Company, a Corebridge Financial subsidiary, with multi-agency carrier strength ratings (A.M. Best A, S&P A+, Moody's A2) shown directly on this page, so the guarantee view is corroborated across more than one rating agency.
- Two guarantee-period choices — 5-year and 7-year — sit under the same filing, so a buyer can match the term length to a specific planning horizon, and the rate-by-term table on this page shows the term/yield trade-off directly without leaving the contract.
- Standard liquidity terms are published on the page from the live feed — the annual free-withdrawal allowance, the declining 7-year surrender ladder, and the nursing-home and terminal-illness waivers are all visible before the application rather than being gated behind a sales brochure.
What to confirm
- Surrender charges run the full 7-year ladder and start in the high single digits in the first contract year before stepping down — a buyer who may need to exit before the end of the chosen guarantee period should price the early-exit charge against the guaranteed rate before committing principal.
- Premium-band pricing means the headline guaranteed rate may not apply to a buyer's actual contribution — the live rate schedule shows multiple bands at the same term, so confirm which premium band the planned deposit falls into before relying on a specific rate, and re-check the rate-by-term table for the matching band.
- The death benefit on this contract is the Standard Death Benefit — a beneficiary receives the account value as defined by the contract, not a stepped-up or rollup-enhanced value. Buyers who specifically want an enhanced death benefit or an income guarantee should look at a different filing, as this contract carries no lifetime-income rider.
- This filing is offered across most U.S. jurisdictions but is not available in New York — confirm availability for the buyer's state of residence in the state-availability section on this page before any planning work, because eligibility is filing-by-filing rather than nationwide by default.
Not ideal for
Buyers who want a stepped-up or rollup-enhanced death benefit, expect a premium bonus or a return-of-premium feature, need a lifetime-income guarantee, require full unrestricted liquidity during the guarantee period, or live in New York where this filing is not offered — a multi-year guaranteed annuity is not designed to deliver any of those.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 5-Year | 4.9% |
| 7-Year | 4.9% |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
2Nursing home waiver, Terminal illness waiver
Death benefit
Standard Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single and jointContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability 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
2%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
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