Easy Access to your Money*

Although Western National fixed annuities are designed to achieve long-term financial goals, you still have access to your money during the contract term. If you have an emergency and need to take a withdrawal, you can take advantage of our penalty-free withdrawal options.

Penalty-free withdrawal privilege* 

Many of our fixed annuities allow for free withdrawals up to a specific amount. Typically, with most of our fixed annuity products, after 30 days from the contract date:

• You may take multiple penalty-free withdrawals each year not exceeding in total the greater of (1) the accumulated interest earned or (2) up to 15% of the previous anniversary annuity value.

• If you do not use all of the 15% free withdrawal percentage in a contract year, you may carry over the unused portion to the next contract year up to a maximum of 20% of the most recent contract anniversary annuity value.

• You can make systematic or random withdrawals of your permitted free withdrawal amounts (by company practice, which is subject to change).

Withdrawing More Than the Penalty-Free Amount
You always have the option to withdraw more than the free withdrawal amount at any time.

• Fixed annuities are intended to meet long-term financial goals. That’s why any withdrawal that exceeds the free withdrawal amount is subject to a contractual early withdrawal charge fee for a specific period (based on the annuity’s withdrawal charge schedule).

• Remember, withdrawals of taxable amounts are taxed as ordinary income. And, if you take money out of your annuity prior to age 59½, the IRS considers the withdrawal a premature distribution subject to a 10% federal early withdrawal penalty.

Potential for Early Withdrawal Charge Waivers

If unexpected changes in your life throw your original plan off track, you may be able to withdraw the funds without an early withdrawal penalty if you:

• Need to stay in a nursing home.

• Are unable to perform certain activities.

• Discover you have a terminal illness.

These early withdrawal charge waivers are not available in some states and provisions may vary from state to state. Refer to the contract for the actual governing contractual provisions.

Estate-Planning Advantages (Death Benefit)

Our fixed annuities can provide lifetime income payments to your beneficiary and create an inheritance instrument for your children and grandchildren.

• Generally, fixed annuities avoid the expense and delay of the probate process (a court-supervised process that establishes the validity of a will).

• Upon the death of the contract owner, the accumulated value of the fixed annuity is paid directly to beneficiaries.

All guarantees are subject to the claims-paying ability of American General Life Insurance Company. Annuities have limitations.

* Withdrawals of taxable amounts are taxed as ordinary income and, if taken prior to age 59½, may be subject to a 10% federal early withdrawal penalty. Contractual withdrawal charge fees (surrender charges) may also apply.

Tax-qualified contracts such as IRAs, 401(k)s, etc., are tax deferred regardless of whether or not they are funded with an annuity. If you are considering funding a tax-qualified retirement plan with an annuity, you should know that an annuity does not provide any additional tax-deferred treatment of earnings beyond the treatment by the tax-qualified retirement plan itself. However, annuities do provide other features and benefits such as income options.

Neither American General Life Insurance Company nor its agents or representatives are authorized to give legal, tax or accounting advice. Please consult your attorney, accountant, or tax advisor on specific points of interest.

The Western National series of annuities is issued and underwritten in New York by The United States Life Insurance Company in the City of New York and in all other states by American General Life Insurance Company.