We have reviewed other products from Athene. So, how does Athene measure up to some of the best annuity providers? The Athene Performance Elite annuities include a Death Benefit. What is your number one priority, as you start to consider retirement plan options? Avenir Next LT Pro The annuity also offers a whopping 12% premium bonus on first year premiums, subjected to a 15 year vesting schedule. Surrender Schedule: 7yrs/10yrs/15yrs Included Riders: Confinement Waiver of Withdrawal Charges (No Fee); Terminal Illness Waiver of Withdrawal Charges (No Fee) We do business as Annuity Resources Insurance Services in CA. 0000004257 00000 n Copyright 2023 Annuity Resources, LLC - All rights reserved. hb```b``sa`c` @16%c]ILfu)#i*m-gyNg-s ti*+$ 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. Has an insurance agent sent you a proposal that seems too good to be true? Hypothetical illustrations are often the best-case scenario. If you take excess withdrawals before the term is up, you will be charged surrender charges. 0000020605 00000 n The following teams will be selected after the second tryout (April 24th), with player notification and roster posting on Monday April 25th. MVA is not applicable in all states. Request a. In 2020, Athene scored a 0.34, and in 2019, a 0.51. 0000006579 00000 n 0000029269 00000 n Some first year yields/rates reflect the fixed rate plus a premium bonus or interest rate enhancement. OpenType - PS You dont get something for nothing. The indexed interest credits should you chose the indexing method. Calculators; Income Annuity Quote; Annuity Rates; Annuity Companies; Financial Ratings; Licenses; Terms; Strategies are methods used to calculate how much interest, if any, will be credited to your annuity. 0000004855 00000 n AvenirNextLTPro-Regular 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. 0000013851 00000 n Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. 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. 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. Athene feels they have an entrepreneurial spirit and are led by a management team with over 165 years experience. Your rate of return is calculated based on the accumulation value, not the income value. 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. These include white papers, government data, original reporting, and interviews with industry experts. Earn a guaranteed 7-9% returns. False. The minimum premium is $10,000, and plans offer either single or joint life benefits, which can begin immediately. %PDF-1.4 % Looking for more information about the Athene Performance Elite 15 Plus or other fixed indexed annuities? Overall, those looking fora safe way to grow their moneyduring retirement will find it very difficult to beat the Athene Performance Elite Fixed Index Annuity. converted There are spreads, caps or participation rates that limit how much of the return you receive. 0 While the Athene Performance Elite Fixed Index Annuity provides a lot of strong growth options, it does not bring much to the table when it comes to guaranteed income and long-term care benefits. The products surrender schedule is below. 0000017066 00000 n 0000002175 00000 n The Athene PE Plus 15 annuity as not available in CT, CA, PA, NY, UT, PR, WA, and VI as of May 2017. An Athene Performance Elite 15 fixed indexed annuity may be right for you if you want. 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. 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). Flexible premiums are not accepted. Is the pain of losing money greater than the pleasure of winning? WebAthene Performance Elite 10 Athene Performance Elite 10 Athene Performance Elite 10 Plus Free Withdrawal The Free Withdrawal amount is calculated Percentage Schedule 4 Y1 Y2+ Plus Y1 Plus Y2+ by applying the percentage shown to the Accumulated Value as of the previous contract anniversary. 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. A high rating means a high probability that the company will remain solvent and able to pay out on its contracts as agreed. Are you a conservative investor who wants to protect your principal? 0000005531 00000 n Find highest lifetime income payments and cover your retirement income gap today. from application/x-indesign to application/pdf 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. They want to be a leader in the fixed annuity marketplace. In the 2021 Individual Annuity Study, Athene ranked seventh among twelve annuities carriers, according to factors such as customer satisfaction, products, pricing, and availability. The minimum withdrawal amount is $500, with the minimum account value being $2000. Athene Performance Elite 15 fixed index annuity is a 15-year retirement savings plan offering a premium bonus, PDF/X-4 Power. Athenes PE Plus 15 annuity has an automatically pegged Liquidity Rider that attracts a small annual fee. 0000008130 00000 n 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. This index can be used to track a carriers consumer trends and performance over the years. xb```f``a`e` ab@ !&@yL8&7eS;gil3P a?U4xRtn y-La>Tb>>+g. Interest credits will never be less than 0%. 4007712213 They dont have the upside or downside of the market. Uncapped index annuities might earn 3-5% (1-2% more) than capped annuities. Elite Wellness is a Performance and Recovery center in Ashburn, 3896682134 The more your annuity grows, the more those riders will cost you year over year. Their products are sold through various marketing organizations and institutions. 0000027283 00000 n If a company pays a bonus, they typically take away some of the upside potential by lowering the cap. With indexed crediting strategies, you receive interest credits that are linked in part to the performance of external market indices. 2.1 1346 47 Avenir Next LT Pro All players will tryout on Saturday April 23rd and Sunday April 24th in their designated birth year tryout. 0 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. Expect to earn 1-2% more than the average rate of a 1-year fixed annuity. Complete the form below and get the answers you need within 24 hours. Its free money. You earn a fixed-income type of returns, not market-like returns. Its what you know for sure, that just isnt true. This waiver only applies after the first contract anniversary has passed. They also extend the term. For different people, there may be very different answers. Withdrawals and surrender may be subject to federal and state income tax and, except under certain circumstances, will be subject to an IRS penalty if taken prior to age 59. If interest rates have increased, stayed the same, or decreased by less than 0.25%, the MVA will be negative. Schedule a Call; Quick links. All of that means that there are powerful growth options that can return market like upside performance without the market risk. You dont earn a guaranteed 7%-9% return when CDs, bonds, and fixed income earn less than 4%. The fixed crediting strategy provides a guaranteed rate of interest that is used to calculate and credit interest to your annuity daily. Be extremely careful with custom or proprietary indexes because you don't know the underlying holdings. Athene Annuity & Life Company - View Details. You could receive 15% one year and 0% for 2 other years. It's easy. 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. Rate Details Effective Date: Oct 28th, 2022 WebAfter the 5th contract year, you may elect to surrender your contract and apply the Accumulated Value to one of ve settlement options. Established indexes are safer and more likely to generate better returns. Today, Athene sells both individual and group annuities to consumers across the United States and U.S. territories. Premium bonuses range from 0% to 15%, depending on the plan you choose, with free withdrawals beginning as early as year one. They are a percentage of the withdrawal amount, decrease over time, and go to zero when the term ends. 0000015278 00000 n BY JEREMIAH KONGER, September 10th, 202011:00 AM, IncludedRiders:Confinement Waiver of Withdrawal Charges (No Fee);Terminal Illness Waiver of Withdrawal Charges (No Fee). the Performance Elite is a growth focused annuity with no lifetime income rider options. $ 10,000.00. Power, a trusted name in customer satisfaction studies. The reviews and annuity information on this website may not be current and may not apply in the state you live in. "Annuity Providers Become Key Drivers of Satisfaction as Customers Adopt Digital Channels, J.D. 0 Adobe InDesign CC 2017 (Macintosh) 2023 Annuity Educator. You Can! Athene Performance Elite annuities allow you to allocate your money among one or more of the available interest crediting strategies. Studies have shown the returns of MYGAs and index annuities to be similar. 2017-06-05T10:47:29-05:00 0000006298 00000 n 0000040565 00000 n Strategy Charges: 1.75% Optional(Higher Participation Rates), Free Withdrawal: 5% Annual (Elite 10 & 15). Early Surrender Charges and Market Value Adjustment (MVA) reduced to 9 years. 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. Elite Plus Version includes enhanced liquidity, Return of Premium, and Bonus Options for a .95% rider charge. 0000006210 00000 n Surrender charges may apply to withdrawals during the surrender period. Its NOT a real return. 0000012912 00000 n 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 The Death Benefit will be paid as long as you havent annuitized your contract. The primary purpose of Athene Performance Elite 15 fixed indexed annuities is to help you accumulate money for retirement. You could earn slightly less than what fixed annuities pay to slightly more, in our opinion. (In New York, beneficiaries will receive the full accumulated value.). 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 one shoulder crochet dress pattern, are chloe and halle still together, princess diaries script pdf,