Accumulation Phase - The period during which you invest money in your contract.

Benefit Quarter - For an optional Living Benefit, each consecutive 3 month period starting on the effective date.

Benefit Year - For an optional Living Benefit, each consecutive one year period starting on the effective date.

Company - Refers to American General Life Insurance Company ("AGL"), or The United States Life Insurance Company in the City of New York ("US Life") for contracts issued in New York only, the insurer that issues this contract. The terms “we,” “us,” and “our” are also used to identify the issuing Company.

Covered Person(s) - For an optional Living Benefit, the person or persons, whose lifetime withdrawals are guaranteed.

DCA Fixed Account - A fixed interest investment option under which amounts earn interest before they are systematically transferred from a DCA Fixed Account to one or more investment options over a specified period of time.

DCA Program - An automatic transfer program under which a specified dollar amount or percentage of contract value is systematically transferred from an investment option to one or more eligible investment options on a periodic basis.

Fixed Account - An account, if available, in which you may invest money and earn a fixed rate of return. Fixed Accounts are obligations of the General Account.

Good Order - Fully and accurately completed forms and/or instructions, including any necessary documentation, applicable to any given transaction or request received by us.

Income Base - For an optional Living Benefit, a value used to determine the fee and the maximum amount that may be withdrawn each Benefit Year after the Activation Date without reducing the benefit’s guarantees.

Living Benefit - An optional benefit designed to help create a guaranteed income stream for life and provide some protection against certain financial risks.

Market Close - Close of the NYSE on business days, excluding holidays, usually at 1:00 p.m. Pacific Time.

Minimum Income Base - For a Living Benefit available for election, a guaranteed minimum amount of the Income Base calculated on each Benefit Year Anniversary prior to the Activation Date and up to the 10^th Benefit Year Anniversary.

Net Purchase Payments - Purchase Payments less adjustments for withdrawals. Net Purchase Payments are increased by the amount of subsequent Purchase Payments, if any, and reduced for withdrawals, if any, in the same proportion that the contract value was reduced on the date of such withdrawal.

NYSE - New York Stock Exchange.

Purchase Payments - The money you give us to buy and invest in the contract.

Secure Value Account - A Fixed Account option, available only with election of certain Living Benefits, to which we allocate a percentage of every Purchase Payment.

Separate Account - A segregated asset account maintained by the Company separately from the Company’s General Account. The Separate Account consists of Variable Portfolios or subaccounts, each investing in shares of Underlying Funds.

Trusts - The Trust(s) serve as the underlying investment vehicle for the variable annuity contract(s) issued by the Company.

Underlying Fund - The underlying investment portfolios of the Trusts in which a Variable Portfolio invests.

Variable Portfolio(s) - A variable investment option under the contract. Each Variable Portfolio, which is a subaccount of the Separate Account, invests in shares or one of the Underlying Funds. Each Underlying fund has its own investment objective.

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Purpose of the Contract

The contract is designed to help you invest on a tax-deferred basis, meet long-term financial goals, and plan for your retirement. You can accumulate assets by investing in the contract’s investment options and then later convert those accumulated assets into a stream of guaranteed income payments from us. The contract includes certain death benefit options that may help financially protect your beneficiaries in the event of your death. An optional Living Benefit may also be available under the contract, which is designed to help you achieve your financial goals and protect against certain financial risks.

This contract may be appropriate for you if you have a long investment time horizon and the contract’s terms and conditions are consistent with your financial goals. It is not intended for people whose liquidity needs require early or frequent withdrawals or for people who intend to frequently trade in the contract’s Variable Portfolios.

Phases of the Contract

Like all deferred annuities, the contract has two phases: (1) the Accumulation Phase (for savings) and (2) the Income Phase (for income).

Accumulation Phase. During the Accumulation Phase, you invest the money under your contract in one or more available investment options to help you build assets on a tax-deferred basis. The available investment options may include:

•	Variable Portfolios. When you invest in a Variable Portfolio, you are indirectly investing in the Variable Portfolio’s Underlying Fund. The Underlying Funds have different investment objectives, strategies, and risks. You can gain or lose money if you invest in a Variable Portfolio.
	Additional information about each Underlying Fund is provided in an appendix to this prospectus. Please see APPENDIX A – UNDERLYING FUNDS AVAILABLE UNDER THE CONTRACT.

•	Fixed Accounts. When you invest in a Fixed Account option, your principal is guaranteed and earns interest based on a rate set and guaranteed by the Company.

The amount of money you accumulate under your contract depends (in part) on the performance of the investment options you choose. You may transfer money between investment options during the Accumulation Phase, subject to certain restrictions and possible fees. Your accumulated assets impact the value of your contract’s benefits during the Accumulation Phase, including the death benefit and any optional Living Benefit, as well as the amount available for withdrawal.

Income Phase. When you are ready to receive guaranteed income under the contract, you can switch to the Income Phase, at which time you will start to receive annuity income payments from us. This is also referred to as “annuitizing” your contract. You generally decide when to annuitize your contract, although there are restrictions on the earliest and latest times that your contract may be annuitized. If you do not annuitize or surrender your contract before the latest annuitization date, your contract will be automatically annuitized.

You can choose from the available annuity income options, which may provide income for life, for an available period of time, or a combination of both. You can also choose to receive payments on a variable or fixed basis, or some combination of both. If the payments are fixed, the dollar amount of each payment will not change. If the payments are variable, the dollar amounts for the payments will fluctuate.

There is no death benefit during the Income Phase. Annuity payments may be payable after death depending on the annuity income option that you selected. You cannot take withdrawals of contract value or surrender the contract during the Income Phase. If you own an optional Living Benefit at the time that you annuitize the contract, you may choose to take annuity income payments in accordance with that Living Benefit. Otherwise, your optional Living Benefit terminates at the beginning of the Income Phase.

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6

PURCHASING THE CONTRACT

To purchase the contract, you must submit your initial Purchase Payment and required paperwork in Good Order to us at the following address, or through a broker-dealer authorized as our agent.

Regular Mail:

Purchase Payments sent by regular mail must be sent to the Premium Processing Center at the following address:

Express Delivery:

Purchase Payments sent by overnight or express delivery must be sent to the Premium Processing Center at the following address:

Purchase Payments will be picked up at the mailing addresses noted above and forwarded to our Annuity Service Center. Purchase Payments, however, are not considered received by us until received at our Annuity Service Center in Good Order.

PURCHASE PAYMENTS

An initial Purchase Payment is the money you give us to purchase a contract. Any additional money you give us to invest in the contract after purchase is a subsequent Purchase Payment. You are not required to make any subsequent Purchase Payments. The following table contains the minimum dollar amount for the initial Purchase Payment and each subsequent Purchase Payment.

	Minimum Initial Purchase Payment	Minimum Subsequent Purchase Payment	Minimum Automatic Subsequent Purchase Payment
Qualified Contracts(1)	$10,000	$500	$100
Non-Qualified Contracts(1)	$10,000	$500	$100

(1)	These amounts depend upon whether a contract is qualified or non-qualified for tax purposes.

We will not allow anyone age 86 or older to add subsequent Purchase Payments after the contract issue date. However, if you elect an optional Living Benefit or the Maximum Anniversary Value Death Benefit, we will not allow you to make any subsequent Purchase Payments if you are age 81 or older. If you elect an optional benefit, you may be subject to additional limitations on Purchase Payments.

We reserve the right to refuse any Purchase Payment(s) and limit the amount of subsequent Purchase Payment(s) with advance notice. Your total Purchase Payments cannot be more the $1,000,000 without our approval.

CREDITING AND ALLOCATING PURCHASE PAYMENTS UNDER YOUR CONTRACT

•	Initial Purchase Payment. We will credit your initial Purchase Payment to your contract as of the date it is priced. If your initial Purchase Payment is received by us in Good Order before Market Close, the Purchase Payment will be priced within two NYSE business days after it is received. If the Purchase Payment is received in Good Order after Market Close, the Purchase Payment will be priced within two NYSE business days after the next NYSE business day. If we do not have complete information necessary to issue your contract, we will contact you. If we do not receive the necessary information within five NYSE business days, we will obtain your permission to keep your money until we get the information necessary to issue the contract, or we will send your money back to whomever we received the funds from.
	On the date your initial Purchase Payment is priced, we allocate the Purchase Payment in the Variable Portfolios and available Fixed Accounts in accordance with the instructions in your application.
•	Subsequent Purchase Payment. We will credit a subsequent Purchase Payment to your contract as of the date it is priced. Any subsequent Purchase Payment will be priced as of the day it is received by us in Good Order if the request is received before Market Close. If the subsequent Purchase Payment is received in Good Order after Market Close, it will be priced as of the next NYSE business day.
	On the date your subsequent Purchase Payment is priced, we allocate the Purchase Payments according to any allocation instructions that accompany the Purchase Payment. If we receive a subsequent Purchase Payment without allocation instructions, we will allocate the Purchase Payment according to your allocation instructions on file.

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ACCUMULATION PHASE

You can access the money in your contract during the Accumulation Phase by making a withdrawal. You may withdraw all or a portion of your contract value, minus applicable taxes and fees. The following table highlights certain important information about withdrawals under the contract.

Minimum withdrawal amount	$1,000 ($100 for systematic withdrawals)
Withdrawal charges and taxes	Your contract provides for a penalty-free withdrawal amount each contract year during the applicable withdrawal period. The penalty-free withdrawal amount is the portion of your contract that we allow you to take out without being charged a withdrawal charge. Your maximum annual penalty-free withdrawal amount equals 10% of remaining Purchase Payments not yet withdrawn each contract year. Additionally, your withdrawal may be subject to withdrawal charges and taxes, including a 10% IRS penalty tax if you are younger than age 59½.
Negative impact on benefit values	A withdrawal will reduce the value of your contract and may reduce the value of the death benefit or an optional Living Benefit. Withdrawals that exceed limits specified under an optional Living Benefit may reduce the benefit’s value or could terminate the benefit.
Internal Revenue Code	Depending on the circumstances, the Internal Revenue Code may restrict your ability to take withdrawals.

Withdrawing all of the money in your contract (also known as a surrender) will terminate your contract. Where permitted by state law, we may terminate your contract if your contract value is less than $2,500 as a result of a withdrawal.

INCOME PHASE

Once the Income Phase begins, you will receive annuity payments from your contract under the annuity income option that you select. Please see the prospectus for additional details. You cannot make withdrawals of contract value or surrender during the Income Phase, and all other features and benefits of your contract will terminate.

REQUESTING A SURRENDER OR WITHDRAWAL

A request to withdraw money from your contract must be submitted in writing and in Good Order to the Annuity Service Center at the following address.

Annuity Service Center
P.O. Box 15570
Amarillo, TX 79105-5570

You may also elect to take periodic withdrawals by enrolling in the contract's systematic withdrawal program.

If you take a partial withdrawal, you can choose whether any applicable withdrawal charges are deducted from the amount withdrawn or from the contract value remaining after the amount withdrawn. If you fully surrender your contract value, we deduct any applicable withdrawal charges from the amount surrendered.

Any request for withdrawal will be priced as of the day it is received by us in Good Order at the Annuity Service Center, if the request is received before Market Close. If the request for withdrawal is received after Market Close, the request will be priced as of the next NYSE business day. Withdrawals are processed effective the date they are deemed in Good Order and payments are generally made within 7 days.

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Maximum Premium Based Charge1 (as a percentage of each Purchase Payment)	5%
Maximum Withdrawal Charges2 (as a percentage of each Purchase Payment withdrawn)	6%

  

Your contract provides for a penalty-free withdrawal amount each year. Please see PENALTY-FREE WITHDRAWAL AMOUNT in the prospectus.

Transfer Fee3 (Per transfer after 15 transfers in any contract year)

$25

The following tables describe the fees and expenses you will pay each year during the time that you own the contract, not including Underlying Fund fees and expenses. If you chose to purchase an optional benefit, you will pay additional charges, as shown below.

Contract Owner Annual Expenses

Contract Maintenance Fee (assessed annually and may be waived if contract value is $75,000 or more.)

$50

Base Contract Expenses4 (deducted from the average daily ending net asset value allocated to the Variable Portfolios)

0.95%

Optional Death Benefit

(deducted from the average daily ending net asset value allocated to the Variable Portfolios)

Maximum Anniversary Value

0.25%

  

Optional Living Benefit⁵

(calculated as percentage of the Income Base and deducted from the contract value)

Polaris Income Builder Daily Flex

	Maximum Fee6
One Covered Person	2.50%
Two Covered Persons	2.50%

  

Annual Underlying Fund Expenses (as of December 31, 2020)

The following shows the minimum and maximum total operating expenses charged by the Underlying Funds of the Trusts, before any waivers or reimbursements, that you may pay periodically during the time that you own the contract. A complete list of Underlying Funds available under the contract, including their annual expenses, may be found in Appendix A.

	Minimum	Maximum
Expenses deducted from Underlying Fund assets, including management fees, distribution and/or service (12b-1) fees, if applicable, and other expenses.	0.45%	1.55%

Maximum Expense Examples

(assuming annual contract expenses of 1.20% including the Maximum Anniversary Value death benefit feature, the optional Polaris Income Builder Daily Flex feature (for the first year calculated at the assumed initial annual fee rate of 1.45% and the maximum annual fee rate of 2.50% for the remaining years), and investment in an Underlying Fund with total expenses of 1.55%*)

(1)	If you surrender your contract at the end of the applicable time period:

    

1 year		3 years		5 years		10 years
$8,823		$19,911		$30,330		$53,763

(2)	If you do not surrender or if you annuitize your contract at the end of the applicable time period:

    

1 year		3 years		5 years		10 years
$4,323		$15,911		$27,330		$53,763

Minimum Expense Examples

(assuming annual contract expenses of 0.95%, no election of optional features and investment in an Underlying Fund with total expenses of 0.45%**)

  

  

  
  

(1)	If you surrender your contract at the end of the applicable time period:

    

1 year		3 years		5 years		10 years
$6,452		$10,033		$13,308		$20,467

(2)	If you do not surrender or if you annuitize your contract at the end of the applicable time period:

    

1 year		3 years		5 years		10 years
$1,952		$6,033		$10,308		$20,467

Additional Expense Example Information

1.	We converted the contract maintenance fee to a percentage (0.05%). The actual impact of the contract maintenance fee may differ from this percentage and may be waived for contract values of $75,000 or more.
2.	If you elected other optional features, your expenses would be lower than those shown in the Maximum Expense Examples.
	The Maximum Expense Examples assume that the Income Base which is used to calculate the Polaris Income Builder Daily Flex fee equals contract value, that no withdrawals are taken during the stated period, there are two Covered Persons and that the annual maximum fee rate of 2.50% has been reached after the first year. The current initial annual fee rate may be higher or lower. Please see the Rate Sheet Supplement.

3.	If you elected optional features, you do not pay fees for optional features once you begin the Income Phase (annuitize your contract); therefore, your expenses will be lower than those shown here. Please see ANNUITY INCOME OPTIONS in the prospectus.
*	The 1 year Maximum Expense Example reflects the Anchor Series Trust 0.44% waiver.
**	The 1 year Minimum Expense Example reflects the Goldman Sachs Variable Insurance Trust 0.02% waiver.

These examples should not be considered a representation of past or future expenses. Actual expenses may be greater or less than those shown.

INVESTMENT REQUIREMENTS FOR OPTIONAL LIVING BENEFIT

If you elect an optional Living Benefit, your contract is subject to investment requirements, as reflected below. If you elect the optional Living Benefit, you may not be able to invest in certain investment options. If you do not elect the optional living benefit, or if the only optional benefit you elect is a death benefit, your contract is not subject to investment requirements.

FOR OPTIONAL BENEFIT AVAILABLE FOR ELECTION

This section contains the current investment requirements for the optional Living Benefit that we are offering to investors, including:

•	Polaris Income Builder Daily Flex

Polaris Income Builder Daily Flex

If you elect Polaris Income Builder Daily Flex, you must allocate your assets in accordance with the following:

10% Secure Value Account

Up to 90% in one or more of the following Variable Portfolios: American Funds Asset Allocation Goldman Sachs VIT Government Money Market Fund PIMCO Total Return SA Allocation Balanced SA Allocation Growth SA Allocation Moderate SA Allocation Moderate Growth SA BlackRock Multi-Factor 70/30 SA DFA Ultra Short Bond SA Federated Hermes Corporate Bond SA Fixed Income Index SA Fixed Income Intermediate Index SA Franklin Tactical Opportunities SA Global Index Allocation 60/40 SA Global Index Allocation 75/25 SA Global Index Allocation 90/10 SA Goldman Sachs Global Bond SA Goldman Sachs Multi-Asset Insights SA Index Allocation 60/40 SA Index Allocation 80/20 SA Index Allocation 90/10 SA JPMorgan Diversified Balanced SA JPMorgan MFS Core Bond SA MFS Total Return SA PGI Asset Allocation SA Putnam Asset Allocation Diversified Growth SA T. Rowe Price Asset Allocation Growth SA Wellington Government and Quality Bond SA Wellington Real Return SA Wellington Strategic Multi-Asset

*    *     *

This summary prospectus incorporates by reference the prospectus and statement of additional information (SAI) for the contract, both dated May 3, 2021, as may be amended or supplemented from time to time. The SAI may be obtained, free of charge, in the same manner as the prospectus.

  

EDGAR Contract Identifier: C000124652, C000111549