Athene Your email address will not be published. The "AM Best Affirms Credit Ratings of Athene Holding Ltd. and Its Subsidiaries; Assigns Credit Ratings to Athene Annuity Re Ltd.", J.D. Timezone Please choose an optionHST Hawaii Standard Time GMT-10:00AST Alaska Standard Time GMT-9:00PST Pacific Standard Time GMT-8:00MST Mountain Standard Time GMT-7:00CST Central Standard Time GMT-6:00EST Eastern Standard Time GMT-5:00. Athene Annuity & Life Companyis rated A by A.M. Best, was founded in 1896, and has over $76.2 billion in total assets. Some first year yields/rates reflect the fixed rate plus a premium bonus or interest rate enhancement. Because when it comes to index annuities, its not what you know that gets you into trouble. AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY, Apply for Athene Performance Elite 10 Plus, Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, and Inherited IRA, 1-Year BNP Paribas Multi-Asset PTP Participation Rate, 2-Year BNP Paribas Multi-Asset PTP Participation Rate, 1-Year AI Powered US Equity PTP Participation Rate, 2-Year AI Powered US Equity PTP Participation Rate, 1-Year S&P 500 DRC 8% TR PTP Participation Rate, 2-Year S&P 500 DRC 8% TR PTP Participation Rate, Athene Annual Liquidity Rider Charge Rate 10 years. Surrender Schedule: 7yrs/10yrs/15yrs Included Riders: Confinement Waiver of Withdrawal Charges (No Fee); Terminal Illness Waiver of Withdrawal Charges (No Fee) You are not directly participating in the market. Performance Elite 10 Plus Reviewed | Annuity Resources All guarantees are backed by the claims-paying ability of the insurance company. startxref 0 the Performance Elite is a growth focused annuity with no lifetime income rider options. We do business as Annuity Resources Insurance Services in CA. 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 0000003984 00000 n Avenir Next LT Pro Get a second opinion. You could receive 15% one year and 0% for 2 other years. Athene WebAthene Performance Elite 15 Athene Performance Elite 15 Plus Death Benet6 Greatest of (i) Accumulated Value with no surrender charges, (ii) the Mini mum Guaranteed Contract Value or (iii) the Return of Premium Benet (if applica ble). When your full premium deposit is allocated to the fixed interest account, the current first year yield (including bonus if applicable) is 19.07% (see Rate Details below). Maximum single premium is $1,000,000. Guaranteed annuity periods are 5, 10, 15, or 20 years. 0000044057 00000 n 0 Fixed Index Annuity Comparisons 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. This shows that the company consistently performs better than expected. 0000012464 00000 n Youre also guaranteed to never earn less than 0% interest. The MVA may increase or decrease the amount of the Withdrawal or Cash Surrender Value of your Contract depending on the change in interest rates. Plans start with a minimum deposit of $10,000 and include a variety of riders, some of which are included at no additional charge. Athene Performance Elite 10 Plus Rate & Reviews If you take an excess withdrawal before the end of your Withdrawal Charge period, an MVA will be applied to that excess withdrawal. Elite Wellness is a Performance and Recovery center in Ashburn, Athene is a relatively new company, founded in just 2009, which used to offer life insurance and annuities but now only sells the latter. Rate Details Effective Date: Oct 28th, 2022 For different people, there may be very different answers. This means that for the most part, annuities are guaranteed issue and can be purchased by anyone who qualifies by being able to pay the initial premium. OpenType - PS 0 Athene has the right to change the terms of their index annuity at any time. They want an efficient business model that provides a strong capital base for their policyowners. 4178673307 0000015368 00000 n Issues ages for the Elite 7 series are 0 through 83, Elite 10 series are 0 to 78, and Elite 15 series are 0 to 73. The minimum premium is $10,000 with an accumulation period of at least 20 years or until the lifetime income withdrawals begin. Its a fictional number which you cant withdraw lump sum, transfer out, or live on the interest. Premium Bonusapplied to Accumulation Value, Enhanced LiquidityAccess to 20% free withdrawal if no withdrawal taken prior year (included in .95% rider charge on Plus version). The minimum premium is $10,000 for all plans, and they include a return of premium rider (for a fee of 0.95% accumulated value). 2023 Annuity Educator. 68070_PE7_ProductGuide_0617.indd Do you like bank CDs, bonds, and other types of fixed income? 0000038260 00000 n Youve worked hard and deserve someone you can trust. If no withdrawals are taken in a given year, up to 20% of the Accumulated Value is available for withdrawal in the next year. This would be 2-4% in todays market. The Athene Performance Elite Plus 10 is a deferred fixed indexed annuity issued by Athene Annuity & Life Company. This annuity offers 10.00% as an upfront bonus. xref #5vWU>s_u3K_Bc- 0000011945 00000 n If a player does not make one of the teams above, they will be required to attend a 3rd and final tryout on Monday April 25th in order to be selected into the club at the following levels. Free Withdrawals Rollover Free Return of Premium 0000001647 00000 n A 10% IRS penalty may apply to withdrawals prior to age 59 . The Athene Performance Elite annuities include a Death Benefit. Withdrawals are not credited with index interest in the year they are taken. 0000001236 00000 n Do not trust anyone who suggests you will earn significantly higher returns than what we have disclosed in this section. 0000020303 00000 n Athene Performance Elite 15 Annuity (Up To 9% Bonus) BY JEREMIAH KONGER, September 10th, 202011:00 AM, IncludedRiders:Confinement Waiver of Withdrawal Charges (No Fee);Terminal Illness Waiver of Withdrawal Charges (No Fee). A Market Value Adjustment applies to withdrawals in excess of the free withdrawal amount and full surrenders during the Withdrawal Charge period. 4240935107 AvenirNextLTPro-Demi If you are looking for the highest guaranteed returns, consider a multiple-year guarantee annuity (MYGA) because the rates are guaranteed for the entire term. Athene declares the guaranteed rate for this strategy each Contract Year. 417233541 Athene Performance Elite You can earn market-like upside without the market downside. This is a partial truth. We focus on selling MYGAs, SPIAs, and DIAs and refer those interested in other types of annuities to other insurance agencies when possible. In most states, the issue age is 0-73 years. 0 Is the pain of losing money greater than the pleasure of winning? Beginning with the first contract year, and each year thereafter, this annuity provides up to 10% of the contract value may be withdrawn from the annuity each contract year without penalty. Linotype AG By submitting this form, you allow us to contact you and agree to our Privacy Policy. Not all annuities are available in all states. NAIC. 0% 5% 10% 10% Strategy Charge (Not available on the Athene Life Insurance Review PERFORMANCE ELITE 7 Get independent advice. Avenir Next LT Pro We also reference original research from other reputable publishers where appropriate. Here's where you can find the, 10 Year Term (make sure you dont need access), Single Premium (cant add money to the contract), Possible market value adjustment on withdrawals. If you are interested in an annuity that gives you more access to your money, just in case the need arises, you may want to check out the Athene Performance Elite. 0000020605 00000 n 0000013440 00000 n Today, the company boasts more than $236.7 billion in assets. 0000017596 00000 n 0000001567 00000 n 192067761 Athene Performance Elite 15 fixed index annuity is a 15-year retirement savings plan offering a premium bonus, 4007712213 default ATHENE Performance Elite Index annuities are an excellent fit for conservative investors who are looking for an alternative to bank CDs and bonds. Schedule a Call; Quick links. application/pdf What is your number one priority, as you start to consider retirement plan options? If you withdraw more money than the free amount allowed by your contract, or if you surrender the annuity before the Withdrawal Charge period ends, a Withdrawal Charge, Market Value Adjustment, and Premium Bonus Vesting Adjustment (if applicable) will be applied. Why would you want to pay the fee, if you were given the choice? After the first contract year, a confinement and terminal illness waiver is available for annuity owners who fulfil the requirements. Participation rates, spreads, and crediting rates can be changed without your permission. You can withdraw up to 100% of your annuitys Accumulated Value if youre diagnosed with a Terminal Illness that is expected to result in death within one year and you meet the eligibility requirements. Athene is not one of our top-rated life insurance companies. 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 The limit can take the form of a Cap Rate, an Annual Spread, and/or a Participation Rate. You are encouraged to seek tax or legal advice from a qualified professional. 0000016727 00000 n Withdrawal charges are waived due to confinement and/or terminal illness, and the policys included death benefit provides your beneficiaries with the greater of either the accumulated value or the minimum guaranteed contract value. Annuities are distributed by Annuity Resources, LLC. 0 The Athene Agility 10 annuity is offered to applicants between the ages of 40 and 80, with a minimum premium of $10,000 and a maximum annual withdrawal of 10% (of either initial premiums paid or accumulated value). There are many types of annuities that can help you reach your financial goals, and the Athene Performance Elite Fixed IndexAnnuity is on that list. 0000006914 00000 n 10 tips you should know if you are considering the Performance Elite 10 Plus, how an insurance agent might try to sell you an Index annuity, what is a realistic return for an index annuity. These charges do not apply to free withdrawals, RMDs, payments made in settlement of your annuitys Death Benefit or Confinement, and Terminal Illness waivers. Request a. Well answer any questions you have and respect your time. Index annuities are for conservative investors who like safety. 0000013851 00000 n If you request an index annuity proposal, we will send you information on what we feel are the best products available. In case you need to surrender your policy, a Market Value Adjustment (MVA) will be applied to the portion of the withdrawal or surrender that exceeds the free withdrawal amount during the withdrawal charge period. Earnings on this annuity are indexed, and the plan includes an income and death benefit rider at no additional charge. Athene Performance Elite Plus annuities include a Liquidity Rider, for an annual charge, that gives you additional flexibility should the need arise. Expect to earn 1-2% more than the average rate of a 1-year fixed annuity. Athene Performance Elite 10 and 15 annuities allow up to 5% beginning in the second Contract Year. Do not invest money you might need to live on. WebAfter the 5th contract year, you may elect to surrender your contract and apply the Accumulated Value to one of ve settlement options. It will not be applied in the event of the death of the Annuitant or to any Free Withdrawal amount, including those elected under the Confinement or Terminal Illness Waivers, if applicable. 2.00 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. I would not expect anything more than this over a more extended period. Annuities work a bit differently than life insurance policies, in that the vast majority of them do not require underwriting. The Athene Performance Elite Plus 10 is a deferred fixed indexed annuity issued by Athene Annuity & Life Company. In the 2021 Individual Annuity Study, Athene ranked seventh among twelve annuities carriers, according to factors such as customer satisfaction, products, pricing, and availability. Confinement and Terminal Illness penalty waivers not available. AvenirNextLTPro-LightCn We want you to have realistic expectations, so you wont be disappointed later. This rider facilitates enhanced with withdrawal amounts, enhanced annuitizaton and a return of premium benefit. No Withdrawal Charge or MVA apply if you qualify for this benefit. While some annuities allow for a single lump-sum payment, others expect you to also continue making regular contributions. 0000001846 00000 n 0000099371 00000 n 0000021062 00000 n However, one common theme when it comes to retirement planning is having enough money to take care of all of the needs, wants, and desires that arise during your golden years. 4178673307 A market value adjustment is basically an additional charge or credit for taking money out early from an annuity. 192067761 Adobe InDesign CC 2017 (Macintosh) 2 Because the index applies a volatility control mechanism, the range of both the positive and negative performance of the index is limited. Both Fidelity and Athene offer a variety of plans to choose from, though Athenes 12 annuities provide more options than Fidelitys six. 1.00 Your information is 100% confidential. 0000017480 00000 n Looking for the highest guaranteed returns? Athene Performance Elite Annuities Include: Athene Performance Elite Athene Performance Elite Plus Premium Bonus Dont be misled by an annuity salesman trying to earn a big commission. License 6003435. 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. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. 1346 0 obj <> endobj xref Performance Elite Brochure This annuity offers 16.00% as an upfront bonus. You earn a fixed-income type of returns, not market-like returns. If you pass away, your beneficiaries will have the option of choosing between your accumulated value or minimum contract guaranteed value (whichever is higher) or the policys rider death benefit. "Annuity Providers Become Key Drivers of Satisfaction as Customers Adopt Digital Channels, J.D. "Athene Ann & Life Co National Complaint Index Report. xb```f``a`e` ab@ !&@yL8&7eS;gil3P a?U4xRtn y-La>Tb>>+g. The indexed interest credits should you chose the indexing method. They allow companies to pay a higher rate and make longer-term investments. 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. WebAthene Annuity and Life Company Mailing Address: PO Box 1555, Des Moines, IA 50306-1555Overnight Address: 7700 Mills Civic Parkway, West Des Moines, IA 50266-3862Athene.comAnnuity Customer Contact Center - Tel: 888-266-8489 Fax: 866-709-3922 DISCLOSURE AND COMPARISON OF ANNUITY CONTRACTS The indexes available for the product are listed below. In addition to periodic or free withdrawals, Athene Performance Elite provides you with options for annuitization. The Death Benefit will be paid as long as you havent annuitized your contract. Industry Leading Participation Rates195% Participation Rates on the BNP Paribas Multi-Asset Index make this annuity one of the top safe growth Fixed Index Annuities on the market. Complete the form below and get the answers you need within 24 hours. 0000003091 00000 n They allow you to capture some of the growth of a market index while having 100% downside protection. AvenirNextLTPro-MediumCn Annuities are not guaranteed by any bank or credit union and are not insured by the FDIC or any other federal government agency. The simple interest credits 3. 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. The Athene Performance Elite 10 Plus 0000101199 00000 n No Withdrawal Charges, Premium Another trusted third-party rating comes from J.D. The interest you earn is credited at the end of each Index Term Period. The index is . Athene Performance Elite Plus Request a. No Lifetime Income Ridersthe Performance Elite is a growth focused annuity with no lifetime income rider options. We have reviewed other products from Athene. Minimum single premium is $25, 000. Confinement Waiver of Withdrawal Charges (No Fee); Terminal Illness Waiver of Withdrawal Charges (No Fee). The price of the annuity from that point on will depend on how much protection you want that product to provide you in retirement, and for how long. Cancelling or surrendering an annuity is possible, but can be costly. Issue ages range from 0 to 85, depending on the product chosen. Not available in: AK, CT, DE, ID, MN, NV, NJ, NY, OH, OK, OR, PA, SC, TX, UT and WA PERFORMANCE ELITE Fee-based riders come at a cost that is usually calculated as a percentage of the annuitys accumulated value. The Athene Ascent Pro 10 Bonus is a fixed annuity product with an issue age of 35 to 80. The interest credited to the Performance Elite 10 Plus annuity is linked to the performance of the indexes you choose. This assumes you find one of the better products on the market. Unbiased Review - Athene Performance Elite 0000013470 00000 n Athene feels they have an entrepreneurial spirit and are led by a management team with over 165 years experience. You should also request a proposal for the worst-case scenario. 0000048658 00000 n The primary purpose of Athene Performance Elite 15 fixed indexed annuities is to help you accumulate money for retirement. Its also a good idea to lock in the indexes at different times. WebAthene Performance Elite 7 Plus The Athene Performance Elite 7 Plus is a single premium fixed-indexed annuity with a 7-year surrender charge period and an MVA provision. PDF/X-4 These options can be based on a set period of time, your lifetime, or the lifetimes of your and your Joint Annuitant. <]>> You also might be charged a market value adjustment on early withdrawals. 0000019215 00000 n Athene Performance Elite (In New York, beneficiaries will receive the full accumulated value.). Adobe InDesign CC 2017 (Macintosh) After the first Contract Year, you can withdraw up to 100% of your annuitys Accumulated Value if youve been confined to a Qualified Care Facility for at least 60 consecutive days and meet the eligibility requirements. Capped annuities are more likely to outperform uncapped products when the stock market is weaker. 0000008437 00000 n If interest rates have increased, stayed the same, or decreased by less than 0.25%, the MVA will be negative. Its NOT a real return. Would you like to know how the Performance Elite 10 Plus compares to the best Index annuities on the market? 0000025431 00000 n WebWithdrawal Charge Schedule NC 12%, 12, 11, 10, 9, 8, 7, 6, 4, 2, 0 Market Value Adjustment 10 years. 4240935107 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. 0000001638 00000 n Athene Agility 10 Annuity 0000006298 00000 n 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. %%EOF The 7 Biggest Mistakes Consumers Make When Buying An Annuity & How To Avoid Them, fixed annuities (MYGAs) with the highest rates. The annuity contract has a formula that decides how much of the gain of an index you receive. No Market Value Adjustment (MVA). 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. You can review our list of the best life insurance companies for what we think are better options. Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. All Rights Reserved By Annuity Association. For FL: Upfront Bonus reduced to 13.00% for issue ages 65-78. 0000101840 00000 n You dont get something for nothing. WebAthene Performance Elite 15 Athene Performance Elite 15 Plus Enhanced Free Withdrawals (Plus only) The free withdrawal amount is increased to 10% per year and may be taken as early as the first contract year. Avenir Next LT Pro 0000031939 00000 n He has held positions in, and has deep experience with, expense auditing, personal finance, real estate, as well as fact checking & editing. 0000001036 00000 n 0000000016 00000 n They compete with bonds, CDs, and other safer investments. 0000007385 00000 n Here is the truth. Flexible premiums are not accepted. Strategies are methods used to calculate how much interest, if any, will be credited to your annuity. AvenirNextLTPro-Medium In 2021, Athene Annuity & Life Company received an overall NAIC complaint index of 0.10, well below the 1.0 average. In 2020, Athene scored a 0.34, and in 2019, a 0.51. This shows that the company consistently performs better than expected. 1 But, as mentioned previously, those with priorities rooted in guaranteed income or long-term care benefits may want to look elsewhere. Elite Prospects - Ashburn Xtreme 16U AA 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. Index annuities are fixed annuities that deliver fixed income type of returns. 0000025959 00000 n 417233541 In 2021, Athene Annuity & Life Company received an overall NAIC complaint index of 0.10, well below the 1.0 average. Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. 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. Find highest lifetime income payments and cover your retirement income gap today. WebAthene Performance Elite 15 is a single-premium, fixed indexed annuity that has a 15-year surrender charge duration, and a provision for market value adjustment. %PDF-1.4 % 0000015871 00000 n Please contact us to receive the latest brochure. A complaint index above 1.0 means that the company received more complaints than expected for its size; a score below 1.0 means fewer complaints than expected were received. This website is not intended to be a recommendation for you to purchase an annuity. 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.
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athene performance elite surrender schedule