Both Fidelity and Athene offer a variety of plans to choose from, though Athenes 12 annuities provide more options than Fidelitys six. If you click on links we provide, we may receive compensation. Its what you know for sure, that just isnt true. The initial premium you put in plus any bonus money 2. WebThe Athene Performance Elite Plus annuity includes a Liquidity Rider, for an annual charge, that gives you additional flexibility should the need arise. Athene annuities provide annual free withdrawal privileges. Linotype AG 1346 0 obj <> endobj xref 0000012464 00000 n "AM Best Affirms Credit Ratings of Athene Holding Ltd. and Its Subsidiaries; Assigns Credit Ratings to Athene Annuity Re Ltd.", J.D. So you want to do your homework! xmp.did:F77F1174072068118083E0F9596F9B1F 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. Look for products with a short surrender period and no MVA if you might need access to the money. Strategy Charges: 1.75% Optional(Higher Participation Rates), Free Withdrawal: 5% Annual (Elite 10 & 15). Your information is 100% confidential. Capped annuities are more likely to outperform uncapped products when the stock market is weaker. The bonus and any earnings on the bonus are subject to a Premium Bonus Vesting Adjustment. (In New York, beneficiaries will receive the full accumulated value.). In most states, the issue age is 0-73 years. Find highest lifetime income payments and cover your retirement income gap today. 0000053425 00000 n The Premium Bonus Vesting Adjustment is a percentage of the annuitys Premium Bonus and any earnings on the Premium Bonus. 1 See product brochure, disclosure and riders for additional details, limitations and availability. 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. Today, the company boasts more than $236.7 billion in assets. 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). WebAfter the 5th contract year, you may elect to surrender your contract and apply the Accumulated Value to one of ve settlement options. Penalty Free Full Withdrawal Window Available After: 10 years. Do not buy an annuity solely for the bonus. 1346 47 If you dont need income later, DO NOT pay for an income rider. No Withdrawal Charge or MVA apply if you qualify for this benefit. 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 All players will tryout on Saturday April 23rd and Sunday April After annuitization, payments will be consistent with the settlement option selected made payable to your named beneficiary. 3896682134 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. 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. WebWeekly Team Schedule; Tryouts; Teams & League Programs. 0000017596 00000 n 417233541 0000001892 00000 n Request a. You may choose a combination of the following indexes. Cancelling or surrendering an annuity is possible, but can be costly. trailer <]/Prev 222282/XRefStm 1638>> startxref 0 %%EOF 1392 0 obj <>stream Index annuities are an excellent fit for conservative investors who are looking for an alternative to bank CDs and bonds. If you are looking for the most retirement income, request an. BY JEREMIAH KONGER, September 10th, 202011:00 AM, IncludedRiders:Confinement Waiver of Withdrawal Charges (No Fee);Terminal Illness Waiver of Withdrawal Charges (No Fee). PDF/X-4 . We also reference original research from other reputable publishers where appropriate. Would you like to know how the Performance Elite 10 Plus compares to the best Index annuities on the market? 0000004957 00000 n Athene feels they have an entrepreneurial spirit and are led by a management team with over 165 years experience. If you own the contract to maturity, they do not apply. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Withdrawal charges are waived due to confinement or terminal illness, and the plan can grow in one of two ways: level and inflation-adjusted or earnings-indexed. Its free money. The annuity also offers a whopping 12% premium bonus on first year premiums, subjected to a 15 year vesting schedule. 0 Athene Life Insuranceis also an inexpensive way to leave a death benefit to beneficiaries. Subscribe to our newsletter and receive our top picks every month. "Athene Ann & Life Co National Complaint Index Report. Annuities can be fixed or variable in nature and can be owned by a single person or owned jointly with a spouse. Requiring a lump-sum, single premium payment up front, the Athene SPIA plan helps financially protect your future retirement from day one. Index annuities are for conservative investors who like safety. 0000017480 00000 n 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. 0000023134 00000 n Its important to note that once you choose to annuitize, the payment schedule and the amount is fixed and cant be altered. Investopedia requires writers to use primary sources to support their work. You also might be charged a market value adjustment on early withdrawals. AvenirNextLTPro-MediumCn 0000101840 00000 n The Athene Performance Elite comes in two variations - one with a fee, and one without a fee. Fee to register goes up at 12:00:01 AM on April 16th. Surrender charges are a penalty charged to early withdrawals of annuity contract. The Athene PE Plus 15 annuity as not available in CT, CA, PA, NY, UT, PR, WA, and VI as of May 2017. 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. 0000013470 00000 n The guaranteed death benefit, if you were to pass away, can be paid out to your beneficiaries as either a lump sum or as a multiple-year installment payout. So even though its possible that you may have years when you have no interest credited to your contract, you will not lose any money in your annuity due to market losses even during economic downturns. Its a fictional number which you cant withdraw lump sum, transfer out, or live on the interest. These include white papers, government data, original reporting, and interviews with industry experts. 0000005531 00000 n https://www.youtube.com/watch?v=uv3qXK2eU6U. Learn more. In fact, this particular annuity is one of the stronger growth focusedannuities on the market. The minimum withdrawal amount is $500, with the minimum account value being $2000. No Market Value Adjustment (MVA). 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. 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 [email protected] or, Xtreme Hockey Director Troy MacCormick at [email protected], Copyright 2021 Ashburn Xtreme Hockey Club, Xtreme Heading to USA Hockey Nationals: How to Follow, Xtreme Teams Head To USA HOCKEY NATIONALS. 0 What is your number one priority, as you start to consider retirement plan options? 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. You are not directly participating in the market. This waiver only applies after the first contract anniversary has passed. 0000014994 00000 n Avenir Next LT Pro The The death benefit rider provides you with a benefit base value that grows over time, which is not impacted by your future withdrawals. Copyright 2023 Annuity Resources, LLC - All rights reserved. The minimum premium is $10,000, and plans offer either single or joint life benefits, which can begin immediately. 68070_PE7_ProductGuide_0617.indd He has held positions in, and has deep experience with, expense auditing, personal finance, real estate, as well as fact checking & editing. WebAthene Performance Elite Plus includes a Liquidity Rider for a charge. Want our recommendation? 0000019781 00000 n 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. AvenirNextLTPro-LightCn 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. ;F0T We independently evaluate all recommended products and services. In 2020, Athene scored a 0.34, and in 2019, a 0.51. Is the pain of losing money greater than the pleasure of winning? I would like to receive future communications, I confirm that I am at least 16 years of age or older. In 2021, Athene Annuity & Life Company received an overall NAIC complaint index of 0.10, well below the 1.0 average. Athene Performance Elite 15 fixed index annuity is a 15-year retirement savings plan offering a premium bonus, designed to safely grow your retirement savings and protect against stock market volatility. 0 WebPerformance Elite 7 Base Plus Ownership Qualified2 must be single ownership Nonqualified joint ownership available Premiums Single premium only: Minimum Dont take an agents word for it. The minimum premium is $10,000 with an accumulation period of at least 20 years or until the lifetime income withdrawals begin. This website is not intended to be a recommendation for you to purchase an annuity. Today, Athene sells both individual and group annuities to consumers across the United States and U.S. territories. The fees are taken out of your account value. Do not trust anyone who suggests you will earn significantly higher returns than what we have disclosed in this section. Athene is also a newer company, founded in just 2009, while Fidelity has a history that stretches back to 1946. 0000012912 00000 n 4007712213 Withdrawals are not credited with index interest in the year they are taken. One of the most trusted ratings comes from AM Best, which assigns a financial strength rating between A++ and D to many consumer-facing companies. You can lose money in two ways. 10% Annual (Elite 7)Enhanced Liquidity up to 20% available in Plus version. 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. Simply put, the fee variation offers more upside potential for your growth. Adobe InDesign CC 2017 (Macintosh) OpenType - PS Strategies are methods used to calculate how much interest, if any, will be credited to your annuity. 0 This index can be used to track a carriers consumer trends and performance over the years. 0000101199 00000 n Calculators; Income Annuity Quote; Annuity Rates; Annuity Companies; Financial Ratings; Licenses; Terms; Another trusted third-party rating comes from J.D. 2017-06-05T10:47:29-05:00 phone call with one of our specialists, and they can help. Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. 0000003984 00000 n 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. 536 were here. 0000011945 00000 n The Athene Performance Elite annuities include a Death Benefit. Required fields are marked *. 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 Performance Elite 10 Plus is a fixed indexed annuity. 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 primary purpose of Athene Performance Elite 15 fixed indexed annuities is to help you accumulate money for retirement. It also provides beneficiaries with two different payout options if you pass away. 0000038260 00000 n 0% 5% 10% 10% Strategy Charge (Not available on the If no withdrawals are taken in a given year, up to 20% of the Accumulated Value is available for withdrawal in the next year. Uncapped annuities outperform when stock markets are strong. 0000003746 00000 n ", AM Best. Other reasons to consider an indexed annuity: Athene is one of the fastest growing sellers of indexed annuities in the United States. 0000002006 00000 n 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). Weve compared them to Fidelity, a top-rated annuity company, to help you better decide. While some annuities allow for a single lump-sum payment, others expect you to also continue making regular contributions. They allow you to capture some of the growth of a market index while having 100% downside protection. 0000004257 00000 n Earnings on this annuity are indexed, and the plan includes an income and death benefit rider at no additional charge. Athene Performance Elite Plus WebAshburn Xtreme 16U AA - AHF 16U - hockey team page with roster, stats, transactions at Eliteprospects.com Many different annuity contracts and riders to choose from, Accumulated growth can be locked in, protecting against market downturns, Must be purchased through a financial professional. xb```f``a`e` ab@ !&@yL8&7eS;gil3P a?U4xRtn y-La>Tb>>+g. 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. Because MYGA rates change daily, Annuity.org and its partner Senior Market Sales update the following tables frequently. Be extremely careful with custom or proprietary indexes because you don't know the underlying holdings. 0000015453 00000 n The 7 Biggest Mistakes Consumers Make When Buying An Annuity & How To Avoid Them, fixed annuities (MYGAs) with the highest rates. WebThe Athene Performance Elite 10 is a single premium fixed-indexed annuity with a 10 year surrender charge period and a MVA provision. You can also allocate your premium between various strategy and index account options. 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. We do business as Annuity Resources Insurance Services in CA. In exchange for this protection, indexed crediting strategies limit the interest rate you can receive. The simple interest credits 3. 2017-06-05T10:47:29-05:00 If interest rates in the market are higher than when you purchased your annuity, the MVA is negative, meaning an additional amount is deducted from your contract value. The interest credited to the Performance Elite 10 Plus annuity is linked to the performance of the indexes you choose. The Performance Elite 15 annuity from Athene offers investors a 7% 1 st year premium bonus, subjected to a 15-year vesting schedule. 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. There are spreads, caps or participation rates that limit how much of the return you receive. Access to 20% free withdrawal if no withdrawal taken prior year (included in .95% rider charge on Plus version). 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. Product availability varies based on the state you live. Your money is not directly exposed to the risks of the stock market or individual stocks. 0000003070 00000 n Withdrawals or surrenders in excess of the Free Withdrawal amount will result in the loss of a portion of the Premium Bonus, if applicable. Ashburn Xtreme Tryout Dates Announced for 2022-23 Season. Below is the Surrender Charge schedule for Athene Performance Elite 7 Fixed Indexed 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. Systematic withdrawals available on a monthly, quarterly, semi-yearly, or yearly frequency. Athene is not one of our top-rated life insurance companies. The Athene Performance Elite 10 Plus Know how the return is calculated. 0000024129 00000 n State variations may exist, refer to product disclosure for details. Its important that you talk to a financial advisor to confirm the issue age and other state-specific details if youre interested in purchasing this annuity product. Athene sells fixed and lump-sum annuities in all 50 states, as well as Washington, D.C., and Puerto Rico. 1.00 0000034932 00000 n Our goal is to be brutally honest with you about what to expect. Power. WebWithdrawal Charge Schedule NC 12%, 12, 11, 10, 9, 8, 7, 6, 4, 2, 0 Market Value Adjustment 10 years. The Athene Performance Elite Plus 10 is a deferred fixed indexed annuity issued by Athene Annuity & Life Company. 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. Returns are linked to a positive performance in an external index. 2.1 the Performance Elite is a growth focused annuity with no lifetime income rider options. These options can be based on a set period of time, your lifetime, or the lifetimes of your and your Joint Annuitant. Stephanie is an expert on insurance and small business. Not available in: AK, CT, DE, ID, MN, NV, NJ, NY, OH, OK, OR, PA, SC, TX, UT and WA 119 0 obj<>stream Annuity Broker can help you compare the current market leading annuities, and make an informed choice based on your needs. 0 Additionally, you will find participation rates of at least 100% within the NASDAQ FC and AI-Powered US Equity indexes. They dont have the upside or downside of the market. MVAs only affect you if you withdraw funds early. The income riderincluded at no charge on certain annuitiesgives annuitants the peace of mind of guaranteed growth. Well answer any questions you have and respect your time. They want to be a leader in the fixed annuity marketplace. Maximum single premium is $1,000,000. Complete the form below and get the answers you need within 24 hours. 0000001638 00000 n Linotype AG Linotype AG You Can! Early Surrender Charges and Market Value Adjustment (MVA) reduced to 9 years. uuid:f261802f-0b4d-744a-9ba8-cd3dc530cc25 When you contact us you may speak with a licensed insurance agent in your state. Linotype AG 0000018755 00000 n Athene Performance Elite Annuities Include: Athene Performance Elite Athene Performance Elite Plus Premium Bonus 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. The materials, names, logos, brochures, etc used in our annuity reviews are property of their owners and not those of AnnuityResources.com. A 10% IRS penalty may apply to withdrawals prior to age 59 . Details on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below. The products surrender schedule is below. 0000027283 00000 n 0 You are not directly investing in the index. Make sure you are comfortable with committing your money for this period. 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. 0000001647 00000 n 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. Issue ages are 0 to 85 for Annuity Certain, 5 to 80 for Life and Installment Refund Life, and 5 to 85 for all other options. 0000031939 00000 n 0000015871 00000 n Athene Annuity & Life Company - View Details. All guarantees are backed by the claims-paying ability of the insurance company. This assumes you find one of the better products on the market. 0000004855 00000 n Annuity Resources, LLC is a licensed fixed annuity producer in most states. 0000002175 00000 n 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. 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. Athene Performance Elite Plus also provides an enhanced Premium Bonus. 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).
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