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American Pathway® Immediate Annuity

You can begin receiving income for your retirement in as few as 30 days.


The American Pathway Immediate Annuity can be purchased with just one lump-sum payment. That’s all you’ll need to begin receiving income monthly, quarterly, semiannually, or annually for the rest of your life.

Potential Benefits of the American Pathway Immediate Annuity

Create a Predictable Income Stream – Now

Help ease the uncertainty of your income in retirement with an annuity that allows you to purchase an immediate source of income for life. You’ll help protect your savings from market volatility with a product that also offers flexible income payout options.

Help Meet Your Needs – Today and Tomorrow    

The American Pathway Immediate Annuity can offer guaranteed income now with reliability to help cover essential retirement expenses. And, income payments are partially tax-free* when funded with after-tax assets.

* Based on current tax laws.

Product Details

Payment Recipient Flexibility

You can choose who receives your annuity payments, with options available to designate your account to a beneficiary, even in the event of early death.

Payment Increase Options

With income annuities, you can set up your annuity to provide an income stream for life with payments that can increase annually – an option that’s not available with many fixed annuities.


Commutation Withdrawal Benefit2, 3, 4

If you unexpectedly need access to funds beyond scheduled income payments, after the second contract anniversary, you may elect a one-time withdrawal up to 100% of the current value of the remaining guaranteed income payments as a lump sum.

Advance Payment Options2,3

If you are receiving annuity income payments on a monthly basis, you can request to receive a lump-sum payment equal to the value of the next six months’ worth of payments. Your regularly scheduled payments would then resume after six months. You may exercise this feature if you are age 59½ or older and the contract is nonqualified or a Roth IRA. This feature may be elected twice during the life of the annuity contract.

Learn More About American Pathway Immediate Annuity

It Takes Only One Premium

Once you make your premium (payment), you can start receiving income payments in as soon as 30 days and up to 12 months from the date the contract is issued, on a monthly, quarterly, semiannual or annual basis.

2 The company expects to report the full amount of the lump-sum payment as fully taxable for the year of the payment, and recalculatethe exclusion ratio for the remaining payments. For nonqualified annuity contracts, this may limit or alter the policyowner’s ability to fully recapture the investment in the contract over the annuity payment period. The company makes no representations and provides no advice as to the ultimate tax treatment of any annuity distribution transaction, and you may wish to consult with a tax advisor prior to exercising a withdrawal feature under an income annuity.

3 If the advance payment option has been exercised, there will be a six-month waiting period before a withdrawal benefit can be requested.

4 The withdrawal benefit option is not available with lifetime income only, certain period only, or any income payment option that includes an annual payment adjustment. Additional restrictions may apply.

Talk to Your Financial Professional

Ask your financial professional for more information about annuity solutions that can help you establish a reliable retirement income source.

With some exceptions, in exchange for higher payments, an income annuity permanently converts principal to aguaranteed income stream.

Annuities issued by American General Life Insurance Company (AGL), except in New York where issued by The United States Life Insurance Company in the City of New York (US Life).

Products and riders may vary by state or may not be available in all states.

The aforementioned insurance companies are members of American International Group, Inc. Contract and optional guarantees are backed by the claims-paying ability of the issuing insurance company.

"AIG" is a marketing name for products issued by AGL and US Life.

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.

Policy #s 01016; Rider #s SPIA-WBR 9/15

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