Complete the form below and get the answers you need within 24 hours. You Can! You have the potential to earn interest credits that are based in part on the growth of the market index. Get independent advice. 0 The minimum withdrawal amount is $500, with the minimum account value being $2000. Avenir Next LT Pro phone call with one of our specialists, and they can help. Any required minimum distributions are treated as free withdrawals and are thus not subjected to withdrawal charges, market value adjustments, or premium bonus vesting schedules. %%EOF Is the pain of losing money greater than the pleasure of winning? 0000006579 00000 n The death benefit rider provides you with a benefit base value that grows over time, which is not impacted by your future withdrawals. 0 0000006914 00000 n 0000001036 00000 n Dont blindly trust a commission drive agent. The Athene Performance Elite Plus 10 is a deferred fixed indexed annuity issued by Athene Annuity & Life Company. Index annuities are for conservative investors who like safety. WebAthene Performance Elite Plus includes a Liquidity Rider for a charge. 0000013851 00000 n This index can be used to track a carriers consumer trends and performance over the years. In most states, the issue age is 0-73 years. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Gains are linked to a positive change in a market index. Linotype AG Today, the company boasts more than $236.7 billion in assets. 1 0 obj <>]/Pages 3 0 R/Type/Catalog/ViewerPreferences<>>> endobj 2 0 obj <>stream For MD: Upfront Bonus reduced to 13.00%. 4178673307 I would not expect anything more than this over a more extended period. 0000019215 00000 n Stephanie is an expert on insurance and small business. 2017-06-05T10:47:29-05:00 The complaint index is adjusted for each company, with the average being 1.0. These options can be based on a set period of time, your lifetime, or the lifetimes of your and your Joint Annuitant. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. Upon the death of the annuitant, his or her beneficiaries are awarded with a death benefit that equals the greatest of their accumulated value, or the minimum guaranteed contract value, or the return of premium benefit. There are six different Performance Elite annuity options through Athene: Elite 7, Elite 7 Plus, Elite 10, Elite 10 Plus, Elite 15, and Elite 15 Plus. They allow companies to pay a higher rate and make longer-term investments. Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. 83 0 obj <> endobj You should also request a proposal for the worst-case scenario. If you like bonds, bank CDs, and other safe investments, they might be right for you. 0000015871 00000 n "Annuity Providers Become Key Drivers of Satisfaction as Customers Adopt Digital Channels, J.D. Not available in: AK, CT, DE, ID, MN, NV, NJ, NY, OH, OK, OR, PA, SC, TX, UT and WA With indexed crediting strategies, you receive interest credits that are linked in part to the performance of external market indices. Look for products with a short surrender period and no MVA if you might need access to the money. 0000015278 00000 n Rates are based on current interest rates and are subject to change at any time. Its NOT a real return. Your money is not directly exposed to the risks of the stock market or individual stocks. Athene Performance Elite annuities allow you to allocate your money among one or more of the available interest crediting strategies. 0000020303 00000 n They compete with bonds, CDs, and other safer investments. Plans start with a minimum deposit of $10,000 and include a variety of riders, some of which are included at no additional charge. Index annuities are an excellent fit for conservative investors who are looking for an alternative to bank CDs and bonds. It guarantees that your beneficiary will receive your annuitys full Accumulated Value, Minimum Guaranteed Contract Value, or Return of Premium Benefit (Performance Elite Plus only), whichever is greater. Has an insurance agent sent you a proposal that seems too good to be true? Hypothetical illustrations are often the best-case scenario. In 2021, Athene Annuity & Life Company received an overall NAIC complaint index of 0.10, well below the 1.0 average. There are three Athene MaxRate annuities to choose from: the MaxRate 3, which is available to issues ages 0 to 85, and the MaxRate 5 or MaxRate 7, both available to issue ages 0 to 83. Athene Life Insuranceis also an inexpensive way to leave a death benefit to beneficiaries. We guarantee you will not lose money due to market risk or losses. Amount +/- will not exceed withdrawal charge. You can earn market-like upside without the market downside. This is a partial truth. 0000034932 00000 n This website is not intended to be a recommendation for you to purchase an annuity. Athene is also a newer company, founded in just 2009, while Fidelity has a history that stretches back to 1946. Some first year yields/rates reflect the fixed rate plus a premium bonus or interest rate enhancement. Like traditional fixed annuities, MYGAs are subject to fees called surrender charges, which an annuity holder must pay if he or she withdraws money from an annuity before the specified time period is over. With the return of premium rider, you can recoup your initial purchase premium (minus any prior withdrawals) if you need to surrender your annuity in the future. 119 0 obj<>stream 0 Request a. Athene Annuity & Life Companyis rated A by A.M. Best, was founded in 1896, and has over $76.2 billion in total assets. You are not directly investing in the index. 0000021298 00000 n WebPerformance Elite 7 Base Plus Ownership Qualified2 must be single ownership Nonqualified joint ownership available Premiums Single premium only: Minimum 0000012912 00000 n 0000038260 00000 n Capped annuities are more likely to outperform uncapped products when the stock market is weaker. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Athene Performance Elite Plus We use cookies to improve our service, track analytics, remember preferences, etc. You could receive 15% one year and 0% for 2 other years. Strong Back-Tested Performanceaccording to our back-testing analysis, this annuity would have returned on average 11.82% the last 10 years Dec 2009-Dec 2019, leading the industry in potential performance. Athenes PE Plus 15 annuity has an automatically pegged Liquidity Rider that attracts a small annual fee. Rate Details Effective Date: Oct 28th, 2022 Where the Athene Agility 10 really shines in comparison to the Allianz 222 annuity is that the Agility offers a better participation rate for the income benefit. If you are interested in purchasing a product or need to make changes to an existing contract, you can also reach out to your local sales professional. The more your annuity grows, the more those riders will cost you year over year. The more you contribute to your annuity planand the greater the annuitys growththe more income it will provide you in retirement, and for a longer period of time. Jointly owned annuities are also considered survivorship products and will continue paying out as long as one spouse is still alive. Check out the. ;F0T 0000014994 00000 n Premium bonuses range from 0% to 15%, depending on the plan you choose, with free withdrawals beginning as early as year one. We have reviewed other products from Athene. In order to provide readers with trusted and informative reviews, we employ a comprehensive methodology that involves looking at each carriers products, availability, pricing, included features, and limitations, and how those compare to similar carriers within the same industry. You can review our list of the best life insurance companies for what we think are better options. Calculators; Income Annuity Quote; Annuity Rates; Annuity Companies; Financial Ratings; Licenses; Terms; Early Surrender Charges and Market Value Adjustment (MVA) reduced to 9 years. The minimum premium is $10,000 with an accumulation period of at least 20 years or until the lifetime income withdrawals begin. 0000013035 00000 n 0000008437 00000 n We focus on selling MYGAs, SPIAs, and DIAs and refer those interested in other types of annuities to other insurance agencies when possible. Strategies are methods used to calculate how much interest, if any, will be credited to your annuity. 0 Tryouts will run over three days only. Required fields are marked *. 10% Annual (Elite 7)Enhanced Liquidity up to 20% available in Plus version. Do not buy an annuity solely for the bonus. Guaranteed annuity periods are 5, 10, 15, or 20 years. They are for investors who like safety and security. Depending on the type of annuity you have, the riders youve chosen, and how long youve held the plan, there can be notable penalties and withdrawal fees. AvenirNextLTPro-Demi If a company pays a bonus, they typically take away some of the upside potential by lowering the cap. Please contact us to receive the latest brochure. 0000007931 00000 n Strategy Charges: 1.75% Optional(Higher Participation Rates), Free Withdrawal: 5% Annual (Elite 10 & 15). If you decide to go the fee route, you have the ability to receive up to an industry leading195% participation rate from the BNP Paribas Multi-AssetIndex No Cap Strategy. Individual and group annuities that help protect your assets in retirement. Enhanced Participation Trade-Offto earn the higher participation rates, you must elect for the enhanced strategy charge 1.75% essentially removing the guaranteed 0% flood if the index strategy doesn't performance positively. The index is If you are searching for an annuity that will give you the highest streams of guaranteed income, or something that can comfortably support you in the event of a long-term care event, there are better options on the market. 0000002006 00000 n The reviews and annuity information on this website may not be current and may not apply in the state you live in. All Rights reserved, Available in states: Just how much growth is available with the Athene Performance Elite Fixed Index Annuity? They feature a variety of interest crediting strategies that are designed to grow your money and help protect you from market downturns. HWYo~'i'$66CL{K"Wmt]}p8]cLQ_wrb>xKKU/R'n]/j=f|9W1Vgm>?y.5{e8VzSEf7b^-:5[g:+*X=OKx7jf5+u15Pq{Wv4?u'xbu[[;Jlg>b/*WK'n$/5,y wV*ky 9RTVsAtbH^p 7 OpenType - PS We understand annuities can be confusing and that you might have questions. If you surrender your annuity or withdraw an amount that exceeds the Free Withdrawal amount during the Withdrawal Charge period, you will incur a Withdrawal Charge. 2.1 I will show you a clients statement who earned 14% without risk. This is misleading because over the product term you are likely to earn 2-4% per year. Contract Charge PE10 PE10 Plus NA 0.85% ATHENE Performance Elite 10 Fixed Index Annuity Annuities issued by Athene Annuity & Life Assurance Company, Wilmington, DE This rider ensures that the annuitys value increases each year by a minimum percentage, which may vary based on the contract year and type of plan purchased. Athene feels they have an entrepreneurial spirit and are led by a management team with over 165 years experience. Requiring a lump-sum, single premium payment up front, the Athene SPIA plan helps financially protect your future retirement from day one. No Market Value Adjustment (MVA). All players will tryout on Saturday April 23rd and Sunday April It does NOT compete with the stock market. By submitting this form, you allow us to contact you and agree to our Privacy Policy. Find highest lifetime income payments and cover your retirement income gap today. This annuity comes with a Liquidity Rider, which enhances your flexibility with regards to withdrawals and collecting money when you may need it most. AvenirNextLTPro-LightCn Because MYGA rates change daily, Annuity.org and its partner Senior Market Sales update the following tables frequently. Its free money. Athene Performance Elite 15 fixed index annuity is a 15-year retirement savings plan offering a premium bonus, Power. Elite Plus Version includes enhanced liquidity, Return of Premium, and Bonus Options for a .95% rider charge. Power Finds.". 195% Participation Rates on the BNP Paribas Multi-Asset Index make this annuity one of the top safe growth Fixed Index Annuities on the market. Are you a conservative investor who wants to protect your principal? Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. 2.1 0000019781 00000 n Athene Performance Elite Plus also provides an enhanced Premium Bonus. Know how the return is calculated. from application/x-indesign to application/pdf Studies have shown the returns of MYGAs and index annuities to be similar. Details on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below. If interest rates have increased, stayed the same, or decreased by less than 0.25%, the MVA will be negative. 0000006210 00000 n The fixed crediting strategy provides a guaranteed rate of interest that is used to calculate and credit interest to your annuity daily. OpenType - PS WebThe Income Base (as defined by Athene) is made up of three things: 1. https://www.youtube.com/watch?v=uv3qXK2eU6U. "AM Best Affirms Credit Ratings of Athene Holding Ltd. and Its Subsidiaries; Assigns Credit Ratings to Athene Annuity Re Ltd.", J.D. Its what you know for sure, that just isnt true. Avenir Next LT Pro 0000014253 00000 n Athene Annuity & Life Company - View Details. 0000089601 00000 n 3896682134 Currently, Athene holds an A (Excellent) rating from AM Best, which is the third-highest possible score. 0000040565 00000 n However, Athene takes additional premium payments during the first contract year. In part, Withdrawal Charges allow the company to invest your money on a long-term basis, which generally allows higher credit yields than possible with a similar annuity of a shorter term. Leading the Fixed Index Annuity industry with participation rates bringing you as much as 195% of your earnings, you can grow your money in a powerful way with this annuity with no zero market downside. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. 0000025959 00000 n The simple interest credits 3. Do you like bank CDs, bonds, and other types of fixed income? So, how does Athene measure up to some of the best annuity providers? Another trusted third-party rating comes from J.D. All three provide guaranteed asset growth, with either a 3-, 5-, or 7-year fixed strategy rate on the initial premium (depending on which plan you choose) and a 1-year fixed strategy rate on additional premiums and the end of contract term.