More Income Now With 5.5% Withdrawals

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1 SunAmerica Income Builder Exclusively for Investors Age 65+ More Income Now With 5.5% Withdrawals Guarantees are backed by the claims-paying ability of American General Life Insurance Company and are based on an optional income protection feature that is only available with the purchase of a SunAmerica Variable Annuity.

2 Combine lifetime income with 5.5% ANNUAL WITHDRAWALS The SunAmerica Income Builder optional feature can provide investors with a Retirement Income Advantage in three different ways. The Income Builder option, available exclusively to clients issue age 65 to 80, offers: 1 More income now with 5.5% withdrawals at age 65 Income Builder can provide you with more income when you may need it the most. With overall retirement spending generally highest in the early years, you can maximize your income with 5.5% withdrawals (Single Life) at or after age 65. Of course, if you prefer lifetime income for both you and your spouse, the SunAmerica Income Builder Joint Life option offers 5% withdrawals at age MORE PROTECTION with a 5.25% income floor In the event that your contract value is completely depleted due to market volatility and/or withdrawals taken within the feature s parameters, your annual withdrawals are guaranteed to never be less than 5.25% for life (Single Life) because of the Protected Income Payment. If you choose the Joint Life option, the Protected Income Payment is 4.75% for life. 3 MORE FLEXIBILITY with the opportunity for a 6% annual income credit in years that withdrawals are not taken If you don t need income now, you have the flexibility to maximize future income for retirement. Income Builder can guarantee growth of your Income Base during the first 12 contract years by locking in the greater of investment gains or an annual income credit of 6% on each contract anniversary. The 6% income credit is available in years that withdrawals are not taken. In addition, if you decide not to take any withdrawals during the first 12 contract years, your Income Base is guaranteed to increase to 200% of your eligible first-year investments on the 12th contract anniversary. After 12 years, your retirement income can continue to grow with the market on each contract anniversary, provided contract value remains. Income Builder is available to investors age at contract issue. Maximum issue age may be lower. Please check with your financial advisor and see the prospectus for complete details Note: With Income Builder, certain investment requirements apply. Withdrawals are based on a percentage of the Income Base. 5.5% withdrawals with 5.25% lifetime income are only available with the Single Life option. A Joint Life option is available and offers withdrawals of 5% with 4.75% lifetime income. There is no assurance that withdrawal amounts will keep pace with inflation. In a strong market, you may pay for this optional income protection feature and not need to use it. Guarantees are backed by the claims-paying ability of the issuing insurer. Please see Key Terms and Definitions for more information about the investment requirements and how Income Builder works. The SunAmerica Variable Annuities are issued by American General Life Insurance Company and marketed by SunAmerica, The Retirement Specialist.

3 Income Builder Offers MORE INCOME Sooner Plus Guaranteed Income For Life Hypothetical Illustration: 65-Year-Old Investor, SunAmerica Income Builder (Single Life) Generate More Income Now with 5.5% withdrawals at age 65. Lock in Market Gains for future income. Guarantee Your Retirement Income For Life Age Contract Value Income Base Investment Gains Your Income Can Rise from Market Gains and Is Protected For Life 5.5% withdrawals begin at age age Your Income Is Guaranteed to Never Be Less Than 5.25% Per Year* This hypothetical illustration is not to scale. The blue bars above represent the dollar amount of income received each year. The chart is intended solely to depict how a SunAmerica Variable Annuity with Income Builder (Single Life) might work and does not reflect the performance of any specific investment. * Income Builder (Single Life) provides 5.5% annual withdrawals starting at age 65 for as long as contract value remains. If the contract value is completely depleted due to market volatility and/or withdrawals taken within the feature s parameters, investors will receive the Protected Income Payment of 5.25% for life. Your income may decline if excess withdrawals are taken or if the contract is annuitized. Please see the prospectus for details.

4 Key Terms and Definitions Age: When determining the withdrawal percentages for this feature, the age at the time of first withdrawal is based on the age of the older individual if the contract is jointly owned for the Single Life option, or the age of the younger individual for the Joint Life option. Anniversary Value: The contract value on your contract anniversary (including any spousal continuation contributions and payment enhancements), less ineligible purchase payments. Cancellation: Income Builder may be cancelled on the 5th contract anniversary or any contract quarter anniversary after this date. Once the cancellation becomes effective, the associated fee will no longer be charged. This feature cannot be re-elected following cancellation. Eligible Purchase Payments: Purchase payments received in the first contract year; all other purchase payments are ineligible. Income credits, spousal continuation contributions and any payment enhancements are not included in the calculation of eligible purchase payments. Excess Withdrawals: Withdrawals that exceed the Maximum Annual Withdrawal Amount are considered excess withdrawals and will reduce the Income Base and Income Credit Base in the same proportion by which the contract value is reduced by the excess withdrawal. If an excess withdrawal reduces the contract value to zero, the feature will terminate and you will no longer be eligible to take withdrawals or receive lifetime income payments. Income Base: The amount on which guaranteed withdrawals are based. The Income Base is not a liquidation value, nor is it available as a lump sum. It is initially equal to the first eligible purchase payment. On each contract anniversary, the Income Base is set to equal the greater of (a) the anniversary value, if greater than all previous anniversary values or (b) the current Income Base plus the income credit amount (if eligible) during the income credit period. The Income Base is automatically evaluated on contract anniversaries while the contract value is greater than zero and the feature is still in effect, provided you have not reached the Latest Annuity Date. On the 12th contract anniversary, the Income Base may be increased to the Minimum Income Base (200% of eligible first-year purchase payments) if no withdrawals have been taken from the contract. The Income Base is adjusted for excess withdrawals and is increased each time an eligible purchase payment is made. Income Credit: The amount that may be added to your Income Base in each of the contract s first 12 years. The annual income credit is 6% of the Income Credit Base. It is only available in years that you do not take withdrawals. Income Credit Base: A component of the feature that is used to calculate the income credit. Initially, the Income Credit Base is equal to the first eligible purchase payment. If the Income Base steps up to your anniversary value on a contract anniversary, your Income Credit Base will also step up to this amount. The Income Credit Base is not increased if your Income Base rises due to the addition of the income credit. The Income Credit Base is adjusted for excess withdrawals and is increased each time an eligible purchase payment is made. Income Credit Period: The period of time over which an income credit may be added to the Income Base. It begins on the contract issue date and ends 12 years later. Investment Requirements: With Income Builder, investment requirements apply, including a 20% allocation of the initial and additional purchase payments to the Secure Value Account (SVA), a fixed account with a one-year term. The remainder of your purchase payments may be allocated among portfolios that meet the feature s investment requirements. The investment options available with Income Builder are limited and are designed to reduce volatility risk. As a result, you may have less risk from market downturns, but may also have less opportunity to benefit from market gains. Quarterly automatic asset rebalancing is required. Amounts allocated to the Secure Value Account will not be rebalanced and are not available for transfer as long as the feature is in effect. Please see the prospectus for complete details regarding the investment requirements. Latest Annuity Date: If the contract value and the Income Base are greater than zero on the Latest Annuity Date (95th birthday), you will need to select one of these annuity options: 1) Annuitize the contract value under the contract s annuity provisions. 2) Annuitize the contract and receive payments equal to the MAWA at the Latest Annuity Date for a fixed period. The duration of the fixed period will be determined by dividing the contract value at the Latest Annuity Date by the current MAWA. As long as the covered person(s) is living, this amount will continue for the specified period after which time the Protected Income Payment amount will be paid until the death(s) of the covered person(s). 3) Elect any payment option that is mutually agreeable between you and American General Life. Please note that upon annuitization, the death benefit will no longer apply. See a prospectus for details. Maximum Annual Withdrawal Amount (MAWA): The maximum income you can take each year. The MAWA percentage is: 5.5% of the Income Base for the Single Life option (one covered individual). 5.0% of the Income Base for the Joint Life option (two covered individuals). The MAWA percentage will decrease if your contract value is completely depleted (see Protected Income Payment ). Protected Income Payment: The amount of annual income you will receive for life if your contract value is completely depleted due to market volatility and/or withdrawals taken within the feature s parameters. The Protected Income Payment percentage is: 5.25% of the Income Base (Single Life). 4.75% of the Income Base (Joint Life). The Protected Income Payment is based on the highest Income Base achieved, provided withdrawals are taken within the feature s parameters. Protection Based Pricing: The pricing structure that is used to calculate the fee after the first year. The initial fee rate (1.10% of the Income Base for Single Life option; 1.35% for the Joint Life option) is guaranteed for one year. After the first year, the fee rate will change based on a predetermined, non-discretionary formula tied to the change in the Volatility Index ( VIX ), an index of market volatility reported by the Chicago Board Options Exchange. With Protection Based Pricing, the fee rate can decrease in stable markets when the protection guarantee is generally not used and can increase in volatile markets when the guarantee may be critical in helping to protect your income. The maximum annualized fee rate decrease or increase is 0.25% each quarter. This means the fee rate can decrease or increase by no more than % each quarter (0.25%/4). The minimum fee rate for the life of the contract is 0.60% of the Income Base. The maximum fee rate for the life of the contract is 2.20% (Single Life) and 2.70% (Joint Life) of the Income Base. Fees are deducted from the contract value quarterly. Please see the prospectus for details on how the fee is calculated. Note: This feature does not provide an option to opt-out of a fee change. However, the feature may be cancelled as described above. Tax-Qualified Plan: A plan that meets the requirements of the Internal Revenue Code and is therefore eligible to receive certain tax benefits. IRAs and 401(k)s are examples of tax-qualified plans. If you use this contract to fund a tax-qualified plan and plan on taking Required Minimum Distributions (RMDs), please see the prospectus for more information and consult with a tax advisor concerning your particular circumstances. Income Builder may not be appropriate for use with contributory IRAs or other tax-qualified plans if you plan to make ongoing contributions. For complete details regarding SunAmerica Income Builder, please see a prospectus.

5 Research Shows Overall Spending Is Highest Early in Retirement and Declines with Age One common misconception is that a retiree s expenses will remain the same throughout retirement or possibly even rise. However, the opposite may be true. When Will You Need the Most Income in Retirement? The Average Retiree Needs 27% Less Income Per Year After Age 74! Age $44,646 Age 75+ $32,688 Source: U.S. Department of Labor, Bureau of Statistics, Consumer Expenditure Survey, September Generate More Income Sooner with a SunAmerica Variable Annuity with Income Builder A SunAmerica Variable Annuity can help you build more assets for retirement through tax deferral, professional money management and diverse investment choices. Plus, by electing the Income Builder Single Life option, you ll have the opportunity to generate more income now with 5.5% withdrawals as early as age 65, and guarantee 5.25% annual withdrawals for life, even if your contract value is completely depleted. Note: The SunAmerica Variable Annuities are long-term investments designed for retirement purposes. In the Accumulation phase, they can help you build assets on a tax-deferred basis. In the Income phase, they can provide you with guaranteed income through standard or optional features. Variable annuities are subject to costs that include a separate account fee, a contract maintenance fee, expenses related to the operation of the variable portfolios and the costs associated with any optional features elected. The Income Builder optional feature is subject to additional fees, investment restrictions and other limitations. Guarantees are backed by the claims-paying ability of the issuing insurer. Early withdrawals may be subject to withdrawal charges. Partial withdrawals may reduce benefits available under the contract as well as the amount available upon a full surrender. Withdrawals of taxable amounts are subject to ordinary income tax, and if taken prior to age 59½, an additional 10% federal tax may apply. Investment involves risk, including the possible loss of principal. Your contract value when redeemed may be worth more or less than your original investment. If you fund your IRA or 401(k) with a variable annuity, you should realize that these retirement accounts are already tax-deferred. A variable annuity provides no additional tax-deferred benefit beyond that provided by the plan. You should only use a variable annuity in a tax-qualified plan if you want to benefit from features other than tax deferral. Please consult with your financial and tax advisors regarding your individual situation.

6 The SunAmerica Variable Annuities are sold by prospectus only. The prospectus contains the investment objectives, risks, fees, charges, expenses and other information regarding the contract and underlying funds, which should be considered carefully before investing. Please contact your insurance-licensed financial advisor or call to obtain a prospectus. Please read the prospectus carefully before investing. S&P and Standard & Poor s are trademarks of Standard & Poor s and have been licensed for use by American General Life Insurance Company. CBOE Volatility Index and VIX are trademarks of the Chicago Board Options Exchange, Incorporated ( CBOE ) and have been licensed for use by Standard & Poor s. SunAmerica Variable Annuities are not sponsored, endorsed, sold or promoted by Standard & Poor s or the CBOE and neither Standard & Poor s nor the CBOE make any representation regarding the advisability of investing in a SunAmerica Variable Annuity. This material was prepared to support the marketing of the SunAmerica Variable Annuities. Please keep in mind that American General Life Insurance Company (American General Life), SunAmerica, and their distributors and representatives may not give tax, accounting or legal advice. Any tax statements in this material are not intended to suggest the avoidance of U.S. federal, state or local tax penalties. Such discussions generally are based upon the company s understanding of current tax rules and interpretations. Tax laws are subject to legislative modification, and while many such modifications will have only a prospective application, it is important to recognize that a change could have retroactive effect as well. Please seek the advice of an independent tax advisor or attorney for more complete information concerning your particular circumstances and any tax statements made in this material. All contract and optional benefit guarantees, including any fixed account crediting rates or annuity rates, are backed by the claims-paying ability of American General Life Insurance Company. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased or any affiliates of those entities and none makes any representations or guarantees regarding the claims-paying ability of American General Life Insurance Company. The SunAmerica Variable Annuities are issued by American General Life Insurance Company (American General Life). Products are marketed by SunAmerica, The Retirement Specialist. Products and features may not be available in all states. Policy form numbers: AS-992C (12/10), AS-993 (12/10) and ASE-6257 (5/11). The purchase of a variable annuity is not required for and is not a term of the provision of any banking service or activity. Distributed by SunAmerica Capital Services, Inc., Oxnard Street, Suite 750, Woodland Hills, CA , 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 ML /CWA130109/MSA M5169CN5.7 (5/13)