AIG Introduces State of New York’s First Fixed Annuity with a Guaranteed Lifetime Withdrawal Benefit

American International Group press release -------- American International Group, Inc. (NYSE:AIG), announced today the launch of Assured Edge Income Builder-NY, a new fixed annuity product issued by The United States Life Insurance Company in the City of New York. It is the first fixed annuity with a guaranteed lifetime withdrawal benefit offered in New York. Assured Edge Income Builder offers clients a low risk, long-term retirement income solution and guaranteed lifetime income.“We are delighted to offer the state’s first fixed annuity with a guaranteed living benefit, providing New York residents with a product that brings value and customization, as well as security and flexibility, to their retirement income strategy,” said Bryan Pinsky, Senior Vice President, Individual Retirement at AIG. “We launched Assured Edge Income Builder in other states last year and investors have been drawn to the product’s multi-pronged value proposition.” To learn more click on the picture below to read the release.