Exclusive index annuity leverages innovative interest credit overlay with a 200% multiplier to provide enhanced growth potential alongside principal protection
HOUSTON–(BUSINESS WIRE)–Corebridge Financial has announced the launch of Power Select AICOSM, a new index annuity that expands the strong partnership between Corebridge and Market Synergy Group (MSG), one of the nation’s largest networks of independent marketing organizations. Power Select AICO is designed to provide enhanced growth potential with an Additional Interest Credit Overlay (AICO) feature that no other index annuity offers in today’s market.
“We are excited to build on our long-standing partnership with Market Synergy Group and introduce a next generation index annuity designed to strengthen growth and accumulation with no downside market risk,” said Bryan Pinsky, President of Individual Retirement and Life Insurance at Corebridge Financial. “Through its unique interest credit overlay, Power Select AICO can step up earnings by a multiple of 200%, providing important opportunities for growth and diversification, specifically during times of low market returns when other investments in a portfolio may be challenged.”
Power Select AICO is the newest addition to The Power Series of Index Annuities®, the Corebridge family of index annuities, and is available exclusively through MSG. The new index annuity offers growth potential through index interest accounts linked to the performance of the S&P 500®, Nasdaq-100® or a select offering of multi-asset, risk-managed indices, as well as guaranteed growth through a fixed interest account. What makes Power Select AICO truly different from other index annuities is the interest credit overlay, which uses a 200% multiplier to potentially double total interest earned from these accounts over 5 years, subject to a maximum amount.
“Power Select AICO offers the benefits of a traditional index annuity, plus the enhanced growth potential of the overlay credit to help consumers accumulate more assets for retirement,” said Lance Sparks, President, Market Synergy Group. “Power Select AICO provides compelling benefits regardless of the market environment – in down markets the new index annuity offers 100% protection against loss, in weak markets the overlay credit can automatically boost earnings by up to 200%, and in strong markets assets can increase with a percentage of the index gains.”
Power Select AICO is issued by American General Life Insurance Company (AGL), a subsidiary of Corebridge Financial, Inc. Guarantees are backed by the claims-paying ability of AGL.
About Corebridge Financial
Corebridge Financial, Inc. (NYSE: CRBG) makes it possible for more people to take action in their financial lives. With more than $415 billion in assets under management and administration as of June 30, 2025, Corebridge Financial is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit corebridgefinancial.comand follow us on LinkedIn, YouTube and Instagram.
