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jX$)6P\[_. The Performance Elite 10 Plus is a fixed indexed annuity. Other reasons to consider an indexed annuity: Athene is one of the fastest growing sellers of indexed annuities in the United States. 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. The 7 Biggest Mistakes Consumers Make When Buying An Annuity & How To Avoid Them, fixed annuities (MYGAs) with the highest rates. State variations may exist, refer to product disclosure for details. (as of 04/22/2022). xmp.did:fe2dd2c1-6d72-4b39-9f40-056a0c5b4d4c 10% Annual (Elite 7)Enhanced Liquidity up to 20% available in Plus version. Annuity contracts through Athene Annuity & Life Insurance Company are available in 49 states (all except New York) as well as the District of Columbia and Puerto Rico. WebAthene Performance Elite Plus includes a Liquidity Rider for a charge. You Can! Fixed Index Annuity Comparisons We focus on selling MYGAs, SPIAs, and DIAs and refer those interested in other types of annuities to other insurance agencies when possible. PY^h.MO*Nw Is the pain of losing money greater than the pleasure of winning? Fidelity also offers a deferred annuity product with a minimum investment of just $5,000, but Athenes lowest option is $10,000. Are you a conservative investor who wants to protect your principal? WebPerformance Elite 15 (TX). This optional rider, which can be added to some plans for an additional fee, offers up to 8% simple interest growth on the plan for up to 10 years. trailer MVA is not applicable in all states. Web6 After the fourth contract year, the Cash Surrender Value will never be less than the premium minus premium taxes (if applicable) and prior withdrawals, including Withdrawal Charges, Premium Bonus Vesting Adjustment and 0 The indexes available for the product are listed below. Interest credits will never be less than 0%. OpenType - PS You should also request a proposal for the worst-case scenario. 0 0000025431 00000 n Get a second opinion. Subscribe to our newsletter and receive our top picks every month. 0000016432 00000 n The Athene Performance Elite comes in two variations - one with a fee, and one without a fee. WebThe Athene Performance Elite Plus annuity includes a Liquidity Rider, for an annual charge, that gives you additional flexibility should the need arise. Our goal is to be brutally honest with you about what to expect. I would not expect anything more than this over a more extended period. 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. Athene annuities provide annual free withdrawal privileges. They want an efficient business model that provides a strong capital base for their policyowners. Linotype AG Looking for the highest guaranteed returns? 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). 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. Surrender charges are a penalty charged to early withdrawals of annuity contract. 0000006799 00000 n Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. WebThe Income Base (as defined by Athene) is made up of three things: 1. Athene Performance Elite 7 Athene Performance Elite 7 Plus Ownership Qualified3 must be single ownership Nonqualified joint ownership available Premiums (Single premium only) Minimum $10,000 Maximum $1,000,000 (larger amounts may be accepted with company approval) Withdrawal Charge Rate Schedule4 Contract Yr Charge 0000017066 00000 n DISCLAIMER: The information on this website is for educational purposes only. WebWeekly Team Schedule; Tryouts; Teams & League Programs. They may offer an annuity to you for sale. Today, the company boasts more than $236.7 billion in assets. For complete details on index account options, including current cap and participation rates, please contact AnnuityAdvantage at 1.800.239.0356. 0 Athene declares the caps, annual spreads, and participation rates at the end of each term period. Its also a good idea to lock in the indexes at different times. Some first year yields/rates reflect the fixed rate plus a premium bonus or interest rate enhancement. OpenType - PS 3896682134 Athene Performance Elite 15 annuity allows up to 5% beginning in the second Contract Year. After the first contract year, a confinement and terminal illness waiver is available for annuity owners who fulfil the requirements. Jointly owned annuities are also considered survivorship products and will continue paying out as long as one spouse is still alive. Its NOT a real return. Do you like bank CDs, bonds, and other types of fixed income? Cap rates) and extend the term. 0000004957 00000 n This would be 2-4% in todays market. 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. Athene Annuity & Life Companyis rated A by A.M. Best, was founded in 1896, and has over $76.2 billion in total assets. ATHENE Performance Elite Initially, Athene sold both life insurance policies and annuities, though the company stopped writing life insurance contracts just a few short years later, in 2013 though is still considered an insurance company. Performance Elite Index annuities are fixed annuities that deliver fixed income type of returns. NAIC. 0000010262 00000 n Index annuities are for conservative investors who like safety. You receive some of the upside and none of the downside. AvenirNextLTPro-Light 0000002006 00000 n from application/x-indesign to application/pdf AvenirNextLTPro-Regular 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. This product has a 10 Years term. 0000001567 00000 n 2.1 Avenir Next LT Pro Alabama, Alaska, Arizona, Arkansas, Colorado, Delaware, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Mexico, North Carolina, North Dakota, Oklahoma, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Vermont, Virginia, West Virginia, Wisconsin, Wyoming, 401k, Cash, IRA, Non-Qualified Money, Pension Plan, Qualified Retirement Plans, Roth IRA, SEP IRA, TSA 403b, Annuity and Insurance Agency1050 Crown Pointe ParkwayAtlanta, GA 30338, AnnuitiesLife InsuranceTravel InsuranceLong Term Care InsuranceShop InsuranceGet a Free QuoteContact Us, About usPrivacy PolicyHow We WorkIn The PressCustomer Reviews, annuity will always have a Minimum Guaranteed Contract Value, grow your money and help protect you from market, calculate and credit interest to your annuity, surrenders during the Withdrawal Charge period. 0000013440 00000 n 2 The Index PERFORMANCE ELITE 7 You can reallocate available funds at the end of each crediting period. Index annuities are fixed annuities and generate fixed income type of returns. No Withdrawal Charges, Premium Optional Riders:Elite Plus Version includes enhanced liquidity, Return of Premium, and Bonus Options for a .95% rider charge. If you like bonds, bank CDs, and other safe investments, they might be right for you. In addition to periodic or free withdrawals, Athene Performance Elite provides you with options for annuitization. %%EOF 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. By submitting this form, you allow us to contact you and agree to our Privacy Policy. The annuity also offers a whopping 12% premium bonus on first year premiums, subjected to a 15 year vesting schedule. application/pdf 0000014253 00000 n The Performance Elite 10 Plus competes with bank CDs, bonds, and other fixed-income products. Athene Performance Elite 15 fixed index annuity is a 15-year retirement savings plan offering a premium bonus, WebThe 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. 0000016727 00000 n Athene Performance Elite Dont blindly trust a commission drive agent. 0000022053 00000 n Surrender charges may apply to withdrawals during the surrender period. 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. The simple interest credits 3. Athene 0000007338 00000 n 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. The They allow companies to pay a higher rate and make longer-term investments. 0000002099 00000 n 0000048658 00000 n 0000021062 00000 n Why would you want to pay the fee, if you were given the choice? Book a 15-minute, Income riders cost real money and lower your principal balance. If no withdrawals are taken in a given year, up to 20% of the Accumulated Value is available for withdrawal in the next year. You are not directly investing in the index. Athene Life Insurance Review In the 2021 Individual Annuity Study, Athene ranked seventh among twelve annuities carriers, according to factors such as customer satisfaction, products, pricing, and availability. AK, CT, DE, ID, MN, NV, NJ, NY, OH, OK, OR, PA, SC, TX, UT and WA, Top Multi-Year Guaranteed Annuity Rates Summary, Deferred Income / Longevity Annuity Quote. 0000031939 00000 n Starting the first year, annuitants can withdraw up to 10% of their accumulated value without incurring any withdrawal charges. An agent might confuse you by talking payout rates, withdrawal rates, or the income account value. Its important to note that once you choose to annuitize, the payment schedule and the amount is fixed and cant be altered. These annuities, which are offered in all 50 states, can be used to help protect your assets in retirement and ensure that you dont outlive your savings. In fact, this particular annuity is one of the stronger growth focusedannuities on the market. Penalty Free Full Withdrawal Window Available After: 10 years. ", AM Best. WebThe Athene Performance Elite Plus annuity includes a Liquidity Rider, for an annual charge, that gives you additional flexibility should the need arise. This website is not intended to be a recommendation for you to purchase an annuity. All Rights Reserved By Annuity Association. You can get your questions answered by booking a brief call with one of our team members. 0000006298 00000 n AvenirNextLTPro-MediumCn 192067761 WebWithdrawal Charge Schedule NC 12%, 12, 11, 10, 9, 8, 7, 6, 4, 2, 0 Market Value Adjustment 10 years. BY JEREMIAH KONGER, September 10th, 202011:00 AM, IncludedRiders:Confinement Waiver of Withdrawal Charges (No Fee);Terminal Illness Waiver of Withdrawal Charges (No Fee). Early Surrender Charges and Market Value Adjustment (MVA) reduced to 9 years. It also provides beneficiaries with two different payout options if you pass away. Athene Performance Elite Plus annuities include a Liquidity Rider, for an annual charge, that gives you additional flexibility should the need arise. You can review our list of the best life insurance companies for what we think are better options. *Y%q W7\i m)(Qw{|#Wt^%t7 Speak With A FiduciaryAdvisor About This Annuity. Register on or before April 15th to get the early bird registration fee. Its free money. No Market Value Adjustment (MVA). 0000003984 00000 n Power, a trusted name in customer satisfaction studies. 0 Because when it comes to index annuities, its not what you know that gets you into trouble. Performance Elite 10 Plus Reviewed | Annuity Resources Confinement Waiver of Withdrawal Charges (No Fee); Terminal Illness Waiver of Withdrawal Charges (No Fee). The bonus and any earnings on the bonus are subject to a Premium Bonus Vesting Adjustment. Capped annuities are more likely to outperform uncapped products when the stock market is weaker. Please contact us to receive the latest brochure. Make your money work for the long term. Athene Performance Elite Plus also provides an enhanced Premium Bonus. Look for products with a short surrender period and no Do not buy an annuity solely for the bonus. xmp.iid:4d8738e8-cc72-4744-ab75-a6c3cf2ca89f converted In exchange for this protection, indexed crediting strategies limit the interest rate you can receive. Avenir Next LT Pro Strategy Charges: 1.75% Optional(Higher Participation Rates), Free Withdrawal: 5% Annual (Elite 10 & 15). We guarantee you will not lose money due to market risk or losses. Because MYGA rates change daily, Annuity.org and its partner Senior Market Sales update the following tables frequently. Studies have shown the returns of MYGAs and index annuities to be similar. Athene Performance Elite 10 Xtreme Tryout Dates for 2022-23 Ashburn XTREME Hockey Club 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). Product Guide Rates effective June 12, 2017 PDF/X-4 Looking for more information about the Athene Performance Elite 15 Plus or other fixed indexed annuities? The products surrender schedule is below. Withdrawal fees, if applicable, can be waived due to terminal illness or confinement. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. The "S&P 500" is a product of S&P Dow Jones Indices LLC, a division of S&P 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). Index annuities are an excellent fit for conservative investors who are looking for an alternative to bank CDs and bonds. 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. Premium bonuses range from 0% to 15%, depending on the plan you choose, with free withdrawals beginning as early as year one. The Athene Ascent Pro 10 Bonus is a fixed annuity product with an issue age of 35 to 80. 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. 0000026484 00000 n Performance Elite 10 Performance Elite 10 Select No Withdrawal Charge or MVA apply if you qualify for this benefit. Fixed Account Guaranteed Minimum Interest Rate: Index Accounts - Annual Cap and Participation Rates: Any Index - Highest Participation Rate (WITH Charge/Fee): Any Index - Highest Participation Rate (NO Charge/Fee): S&P 500 - Point-to-Point Cap (WITH Charge/Fee): S&P 500 - Point-to-Point Cap (NO Charge/Fee). 0 0 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 fees are taken out of your account value. Established indexes are safer and more likely to generate better returns. Annuity Broker can help you compare the current market leading annuities, and make an informed choice based on your needs. xref 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. Well answer any questions you have and respect your time. In 2021, Athene Annuity & Life Company received an overall NAIC complaint index of 0.10, well below the 1.0 average. If diagnosed with a terminal illness and given a year or less to live, the terminal illness waiver allows annuitants to withdraw up to 100% of the annuitys accumulated value without penalty or fee. There is a premium bonus of 3% and the earliest you can elect lifetime income is age 50. The Performance Elite 15 annuity from Athene offers investors a 7% 1 st year premium bonus, subjected to a 15-year vesting schedule. You might be better off in a MYGA with a pre-determined rate of return vs. an index annuity where you might earn 1-3% more per year. Elite Wellness is a Performance and Recovery center in Ashburn, Athene Performance Elite Annuities Include: Athene Performance Elite Athene Performance Elite Plus Premium Bonus xmp.did:F77F1174072068118083E0F9596F9B1F (175% versus 150% with Allianz) this can make a very big difference when calculating the lifetime income. Linotype AG Maximum single premium is $1,000,000. the Performance Elite is a growth focused annuity with no lifetime income rider options. Your rate of return is calculated based on the accumulation value, not the income value. PDF/X-4 Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. 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. Some index annuities have caps that limit their gains. Annuity When you contact us you may speak with a licensed insurance agent in your state. All guarantees are backed by the claims-paying ability of the insurance company. 1 0 obj <>]/Pages 3 0 R/Type/Catalog/ViewerPreferences<>>> endobj 2 0 obj <>stream 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. 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. The company began trading on the New York Stock Exchange in 2016, raising $1.1 billion through its initial public offering and earning the title of third-largest IPO that year. For CA: Upfront Bonus reduced to 12.00%. 0000001846 00000 n Each year, the National Association of Insurance Commissioners (NAIC) issues carriers a complaint index. WebThe products surrender schedule is below. PERFORMANCE ELITE The payment amount will be based on your annuitys Cash Surrender Value and the annuitization option you choose. %PDF-1.4 % Returns are linked to a positive performance in an external index. It's easy. If an insurance company gives you a bonus, they will reduce other benefits of the contract (ex. Athene Agility 10 Annuity 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. . 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. Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. 2.00 OpenType - PS xmp.did:F77F1174072068118083E0F9596F9B1F Athene offers a variety of annuity products, whether youre buying as an individual or purchasing through the workplace. 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). 0000034932 00000 n Access to 20% free withdrawal if no withdrawal taken prior year (included in .95% rider charge on Plus version). uuid:f261802f-0b4d-744a-9ba8-cd3dc530cc25 Athene Performance Elite 10. The index is You are watching the market, and a formula decides how much gain of the index you receive. With indexed crediting strategies, you receive interest credits that are linked in part to the performance of external market indices. 0000000016 00000 n The annuity contract has a formula that decides how much of the gain of an index you receive. 0000020674 00000 n 0 The minimum premium is $10,000, and plans offer either single or joint life benefits, which can begin immediately. Additionally, you will find participation rates of at least 100% within the NASDAQ FC and AI-Powered US Equity indexes. Flexible premiums are not accepted. 1346 47 When your annuity matures (on the Annuity Date), Athene Performance Elite gives you options to receive guaranteed lifetime income (called annuitization). Withdrawals are not credited with index interest in the year they are taken. But, as mentioned previously, those with priorities rooted in guaranteed income or long-term care benefits may want to look elsewhere. For NH: Two-year index strategies not available. You can lose money in two ways. Diversify your index annuity into a variety of indexes. For example, you may be subject to a 10% early withdrawal fee if you cancel and take money out of your annuity before age 59. Not all annuities are available in all states. 0000005531 00000 n Annuities work a bit differently than life insurance policies, in that the vast majority of them do not require underwriting. The death benefit rider provides you with a benefit base value that grows over time, which is not impacted by your future withdrawals. Available in all 50 states and Washington, D.C. In New York, contracts are issued by Athene Annuity & Life Assurance Company of New York. You are encouraged to seek tax or legal advice from a qualified professional. Athene Performance Elite annuities allow you to allocate your money among one or more of the available interest crediting strategies. OpenType - PS Another trusted third-party rating comes from J.D. Find highest lifetime income payments and cover your retirement income gap today. 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. The Athene Ascent Pro 10 Bonus is a fixed annuity product with an issue age of 35 to 80. $ 10,000.00. 0 Ashburn Xtreme Tryout Dates Announced for 2022-23 Season. 0000018755 00000 n 0000015368 00000 n 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). / Today, Athene sells both individual and group annuities to consumers across the United States and U.S. territories. Individual and group annuities that help protect your assets in retirement. This waiver is available after your first Contract Anniversary and the initial diagnosis of Terminal Illness must be made at least one year after the Contract Date. 0000000016 00000 n 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.