Calculators; Income Annuity Quote; Annuity Rates; Annuity Companies; Financial Ratings; Licenses; Terms; 0 Athene is also a newer company, founded in just 2009, while Fidelity has a history that stretches back to 1946. Looking for the highest guaranteed returns? Rate Details Effective Date: Oct 28th, 2022 / Individual and group annuities that help protect your assets in retirement. You may choose a combination of the following indexes. So, how does Athene measure up to some of the best annuity providers? . Returns are linked to a positive performance in an external index. 0000026484 00000 n
It's easy. Performance Elite Brochure During the time in which the annuity is subject to surrender penalties, there are policy provisions that allow partial access on a penalty free basis. Athene Life Insuranceis also an inexpensive way to leave a death benefit to beneficiaries. 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. 0 Athene Performance Elite While some annuities allow for a single lump-sum payment, others expect you to also continue making regular contributions. Not all annuities are available in all states. The Performance Elite Plus 15 is a single-premium, fixed indexed annuity product that offers a provision for market value adjustment, and a 15-year surrender charge duration. 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. The annuity also offers a whopping 12% premium bonus on first year premiums, subjected to a 15 year vesting schedule. The annuity contract has a formula that decides how much of the gain of an index you receive. Ashburn Xtreme Tryout Dates Announced for 2022-23 Season. You can learn more about the standards we follow in producing accurate, unbiased content in our, Paying for Long-Term Care: How Its Changing, Indexed Universal Life Insurance (IUL) Meaning and Pros and Cons, 4 Best Alternatives to Long-Term Care Insurance, Monthly, quarterly, semi-annually, annually, or lump sum, By phone (1-888-ANNUITY/1-888-266-8489 from 8 a.m. to 5 p.m. CST, Monday through Friday), Single Premium Immediate Annuities (SPIA), Methodology: How We Review Life Insurance Carriers, Athene Ann & Life Co National Complaint Index Report, AM Best Affirms Credit Ratings of Athene Holding Ltd. and Its Subsidiaries; Assigns Credit Ratings to Athene Annuity Re Ltd, Annuity Providers Become Key Drivers of Satisfaction as Customers Adopt Digital Channels, J.D. Earn a 10-15% Bonus. xmp.did:F77F1174072068118083E0F9596F9B1F WebThe Income Base (as defined by Athene) is made up of three things: 1. You Can! ATHENE Performance Elite (In New York, beneficiaries will receive the full accumulated value.). This rider facilitates enhanced with withdrawal amounts, enhanced annuitizaton and a return of premium benefit. xb```f``a`e` ab@ !&@yL8&7eS;gil3P a?U4xRtn y-La>Tb>>+g. Calls usually last 5-20 minutes, and we promise to not bug you afterward. 0000002006 00000 n
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If you own the contract to maturity, they do not apply. If you take excess withdrawals before the term is up, you will be charged surrender charges. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Today, the company boasts more than $236.7 billion in assets. WebAthene Performance Elite Plus includes a Liquidity Rider for a charge. The index is The minimum premium is $10,000 with an accumulation period of at least 20 years or until the lifetime income withdrawals begin. 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. 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. Please contact us to receive the latest brochure. https://www.youtube.com/watch?v=uv3qXK2eU6U. Athene Agility 10 Annuity 0000012912 00000 n
Get independent advice. 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. Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. To receive the Confinement Waiver, you cannot be confined at the time your contract is issued and confinement must begin at least one year after the Contract Date. 0000015453 00000 n
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Because MYGA rates change daily, Annuity.org and its partner Senior Market Sales update the following tables frequently. The Performance Elite 10 Plus annuity is a fixed indexed annuity. They want to be a leader in the fixed annuity marketplace. OpenType - PS The fixed crediting strategy provides a guaranteed rate of interest that is used to calculate and credit interest to your annuity daily. Dont take an agents word for it. Fixed Index Annuity Comparisons The income riderincluded at no charge on certain annuitiesgives annuitants the peace of mind of guaranteed growth. 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). 0000025959 00000 n
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. Athene Performance Elite 15 Annuity (Up To 9% Bonus) 0000019215 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. For CA: Upfront Bonus reduced to 12.00%. 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). Avenir Next LT Pro The materials, names, logos, brochures, etc used in our annuity reviews are property of their owners and not those of AnnuityResources.com. Avenir Next LT Pro 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. The death benefit rider provides you with a benefit base value that grows over time, which is not impacted by your future withdrawals. ", AM Best. Schedule a Call; Quick links. Penalty Free Full Withdrawal Window Available After: 10 years. This annuity offers 16.00% as an upfront bonus. 0000001647 00000 n
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. 0000026886 00000 n
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. Your information is 100% confidential. You also might be charged a market value adjustment on early withdrawals. Athene Performance Elite 1346 0 obj
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OpenType - PS Weve compared them to Fidelity, a top-rated annuity company, to help you better decide. There are 12 different annuities to choose from through Athene with a minimum deposit of just $10,000, providing consumers with a variety of affordable retirement income plans and features. Upon the death of the annuitant, his or her beneficiaries are awarded with a death benefit that equals the greatest of their accumulated value, or the minimum guaranteed contract value, or the return of premium benefit. jX$)6P\[_. Athene feels they have an entrepreneurial spirit and are led by a management team with over 165 years experience. The "S&P 500" is a product of S&P Dow Jones Indices LLC, a division of S&P 0 WebPerformance Elite 7 Base Plus Ownership Qualified2 must be single ownership Nonqualified joint ownership available Premiums Single premium only: Minimum All players will tryout on Saturday April 23rd and Sunday April 24th in their designated birth year tryout. Athene sells fixed and lump-sum annuities in all 50 states, as well as Washington, D.C., and Puerto Rico. 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. Some first year yields/rates reflect the fixed rate plus a premium bonus or interest rate enhancement. Simply put, the fee variation offers more upside potential for your growth. There are spreads, caps or participation rates that limit how much of the return you receive. 0000029269 00000 n
Athene Annuity & Life Company is rated A by A.M. Best, was founded in 1896, and has over $76.2 billion in total assets. Find highest lifetime income payments and cover your retirement income gap today. hb```b``sa`c` @16%c]ILfu)#i*m-gyNg-s ti*+$ This financial strength rating gives consumers a good idea of the companys overall stability and projected strength. Your email address will not be published. These withdrawals from your annuity contract are considered part of your free withdrawal, free of Withdrawal Charges, MVA, or Premium Bonus Vesting Adjustment for the Contract Year. PDF/X-4 The Athene Ascent Pro 10 Bonus is a fixed annuity product with an issue age of 35 to 80. 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 Performance Elite annuities allow you to allocate your money among one or more of the available interest crediting strategies. 0000013470 00000 n
The Performance Elite 10 Plus competes with bank CDs, bonds, and other fixed-income products. Its important to note that once you choose to annuitize, the payment schedule and the amount is fixed and cant be altered. Power Finds. The products surrender schedule is below. Uncapped annuities have spreads or participation rates that limit their upside potential. All tryouts to take place at the Ashburn Ice House, 21595 Smith Switch Rd., Ashburn, VA 20147, Please contact Xtreme Executive Director Gary Pouliot at axhc11@gmail.com or, Xtreme Hockey Director Troy MacCormick at tmaccormick@ashburnice.com, Copyright 2021 Ashburn Xtreme Hockey Club, Xtreme Heading to USA Hockey Nationals: How to Follow, Xtreme Teams Head To USA HOCKEY NATIONALS. Do not trust anyone that tells you otherwise. 0000002064 00000 n
The Athene Performance Elite comes in two variations - one with a fee, and one without a fee. Its what you know for sure, that just isnt true. Studies have shown the returns of MYGAs and index annuities to be similar. No Lifetime Income Ridersthe Performance Elite is a growth focused annuity with no lifetime income rider options. They allow you to capture some of the growth of a market index while having 100% downside protection. This would be 2-4% in todays market. 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. Athene declares the guaranteed rate for this strategy each Contract Year. If interest rates have decreased by more than 0.25%, the MVA will be positive. Systematic withdrawals available on a monthly, quarterly, semi-yearly, or yearly frequency. 119 0 obj<>stream
Investopedia requires writers to use primary sources to support their work. 0000048658 00000 n
OpenType - PS 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). Fee to register goes up at 12:00:01 AM on April 16th. 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 Surrender charges may apply to withdrawals during the surrender period. Athene 0000011945 00000 n
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. Athene annuities provide annual free withdrawal privileges.