Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
Key Highlights
- ➤Corebridge Financial launches Progressive Trigger index annuity crediting strategy
- ➤Progressive Trigger carries eligible interest percentages forward after negative index performance
- ➤Five-year starting index value creates annual opportunities to meet or exceed it
- ➤Strategy combines current-year and retained percentages when trigger conditions are met
- ➤Power Select Builder exclusively distributes the new strategy through Market Synergy Group
Expert Statements
Bryan Pinsky, President of Individual Retirement and Life Insurance at Corebridge Financial
“Protection from market downturns has always been one of the defining benefits of index annuities.”
Bryan Pinsky, President of Individual Retirement and Life Insurance at Corebridge Financial
“Progressive Trigger builds on that strength by turning negative years into future potential and helping customers benefit when market recoveries take time.”
Bryan Pinsky, President of Individual Retirement and Life Insurance at Corebridge Financial
“This is a new way to think about growth within an index annuity.”
Lance Sparks, President, Market Synergy Group
“We are proud to work with Corebridge to bring continued innovation to financial professionals and their clients.”
Lance Sparks, President, Market Synergy Group
“Progressive Trigger draws inspiration from autocallable structured notes by applying a multi-year perspective to market performance rather than viewing each year in isolation.”
Lance Sparks, President, Market Synergy Group
“That concept has now been adapted for an index annuity, offering a new growth strategy alongside principal protection and guaranteed lifetime income.”
Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
New strategy preserves growth potential during periods of negative performance, allowing multiple years to contribute to an interest credit when markets recover
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