Athene declares the caps, annual spreads, and participation rates at the end of each term period. If interest rates have increased, stayed the same, or decreased by less than 0.25%, the MVA will be negative. Register on or before April 15th to get the early bird registration fee. Linotype AG Here is the truth. Available in all 50 states and Washington, D.C. 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. State variations, age restrictions and holding periods may apply. WebThe products surrender schedule is below. Each year, you may withdraw up to the maximum free amount of your annuitys Accumulated Value (as of the most recent Contract Anniversary) without a Withdrawal Charge, Market Value Adjustment (MVA), or any Premium Bonus Vesting Adjustment, if applicable. The Athene PE Plus 15 annuity as not available in CT, CA, PA, NY, UT, PR, WA, and VI as of May 2017. 0000020303 00000 n 3896682134 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. If no withdrawals are taken in a given year, up to 20% of the Accumulated Value is available for withdrawal in the next year. Studies have shown the returns of MYGAs and index annuities to be similar. 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. 0000025431 00000 n 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. according 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. What is your number one priority, as you start to consider retirement plan options? xref In New York, contracts are issued by Athene Annuity & Life Assurance Company of New York. By submitting this form, you allow us to contact you and agree to our Privacy Policy. *Y%q W7\i m)(Qw{|#Wt^%t7 Calculators; Income Annuity Quote; Annuity Rates; Annuity Companies; Financial Ratings; Licenses; Terms; Athenes PE Plus 15 annuity has an automatically pegged Liquidity Rider that attracts a small annual fee. 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. If interest rates have decreased by more than 0.25%, the MVA will be positive. proof:pdf Is the pain of losing money greater than the pleasure of winning? 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. 0 Athene Performance Elite 10 and 15 annuities allow up to 5% beginning in the second Contract Year. This index can be used to track a carriers consumer trends and performance over the years. Jointly owned annuities are also considered survivorship products and will continue paying out as long as one spouse is still alive. Please contact us to receive the latest brochure. 0000001846 00000 n 0000015918 00000 n Copyright 2023 Annuity Resources, LLC - All rights reserved. 0000053425 00000 n the Performance Elite is a growth focused annuity with no lifetime income rider options. 0000099371 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. 0000013470 00000 n Expect to earn 1-2% more than the average rate of a 1-year fixed annuity. 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. Not all annuities are available in all states. OpenType - PS The annuity contract has a formula that decides how much of the gain of an index you receive. 0000015278 00000 n 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. 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. <]>> . They want an efficient business model that provides a strong capital base for their policyowners. These charges do not apply to free withdrawals, RMDs, payments made in settlement of your annuitys Death Benefit or Confinement, and Terminal Illness waivers. The Athene Performance Elite annuities include a Death Benefit. The states of OH, MN, OR, and DE have an issue age of 47 years. Athene Life Insuranceis also an inexpensive way to leave a death benefit to beneficiaries. We have reviewed other products from Athene. Elite Wellness is a Performance and Recovery center in Ashburn, 0000029269 00000 n You are watching the market, and a formula decides how much gain of the index you receive. 0000001236 00000 n 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. Avenir Next LT Pro 2.00 Why would you want to pay the fee, if you were given the choice? The indexes available for the product are listed below. MVA is not applicable in all states. 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). Adobe InDesign CC 2017 (Macintosh) A 10% IRS penalty may apply to withdrawals prior to age 59 . OpenType - PS 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. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Minimum single premium is $25, 000. Its what you know for sure, that just isnt true. 1346 47 trailer For CA: Upfront Bonus reduced to 12.00%. 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. 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 annuities are designed to help meet your long-term savings and retirement needs. Uncapped index annuities might earn 3-5% (1-2% more) than capped annuities. This rider facilitates enhanced with withdrawal amounts, enhanced annuitizaton and a return of premium benefit. Athene Performance Elite Annuities Include: Athene Performance Elite Athene Performance Elite Plus Premium Bonus If you take excess withdrawals before the term is up, you will be charged surrender charges. Linotype AG phone call with one of our specialists, and they can help. 0000002064 00000 n 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. Subscribe to our newsletter and receive our top picks every month. Do not trust anyone that tells you otherwise. 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. 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. Earnings on this annuity are indexed, and the plan includes an income and death benefit rider at no additional charge. When you contact us you may speak with a licensed insurance agent in your state. The products surrender schedule is below. The initial premium you put in plus any bonus money 2. Confinement and Terminal Illness penalty waivers not available. Requiring a lump-sum, single premium payment up front, the Athene SPIA plan helps financially protect your future retirement from day one. You can reallocate available funds at the end of each crediting period. Annuities work a bit differently than life insurance policies, in that the vast majority of them do not require underwriting. / For MO: No Market Value Adjustment (MVA). 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. %PDF-1.4 % Athene offers a variety of annuity products, whether youre buying as an individual or purchasing through the workplace. Its NOT a real return. Complete the form below and get the answers you need within 24 hours. 0000026886 00000 n 0000012464 00000 n 0000013851 00000 n 1 Annuity Resources, LLC is a licensed fixed annuity producer in most states. State variations may exist, refer to product disclosure for details. 0000001036 00000 n hb```b``sa`c` @16%c]ILfu)#i*m-gyNg-s ti*+$ False 4178673307 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. ;F0T OpenType - PS Their products are sold through various marketing organizations and institutions. License 6003435. 0000016727 00000 n However, Athene takes additional premium payments during the first contract year. They also extend the term. Both Fidelity and Athene offer a variety of plans to choose from, though Athenes 12 annuities provide more options than Fidelitys six. Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. 0 endstream endobj 3 0 obj <> endobj 6 0 obj <>/Font<>/ProcSet[/PDF/Text]/Properties<>/Shading<>>>/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 7 0 obj <>/Font<>/ProcSet[/PDF/Text]>>/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 8 0 obj <>/Font<>/ProcSet[/PDF/Text]>>/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 9 0 obj <>/Font<>/ProcSet[/PDF/Text]>>/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 25 0 obj <>stream 0000021062 00000 n 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. After the first contract year, a confinement and terminal illness waiver is available for annuity owners who fulfil the requirements. No Withdrawal Charge or MVA apply if you qualify for this benefit. We understand annuities can be confusing and that you might have questions. This index is a score demonstrating how many consumer complaints the company received compared to the average expected number for the companys size and market share. 0 Adobe PDF Library 15.0 Athene Performance Elite Plus 10 also provides an enhanced Premium Bonus, which will give an immediate increase to your annuitys Accumulated Value. Get a second opinion. You are encouraged to seek tax or legal advice from a qualified professional. WebAthene Performance Elite 10 1 Because the index applies a volatility control mechanism, the range of both the positive and negative performance of the index is limited. %PDF-1.4 % 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. Here are some links if you would like to review them as well. 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. DISCLAIMER: The information on this website is for educational purposes only. These include white papers, government data, original reporting, and interviews with industry experts. Annuities are not guaranteed by any bank or credit union and are not insured by the FDIC or any other federal government agency. 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. Accumulated Value with no surrender charges, (ii) the Minimum Guaranteed Contract Value or (iii) the Return of Premium Benefit (if applicable). Established indexes are safer and more likely to generate better returns. In part, Withdrawal Charges allow the company to invest your money on a long-term basis, which generally allows higher credit yields than possible with a similar annuity of a shorter term. Annuities are distributed by Annuity Resources, LLC. They dont have the upside or downside of the market. PDF/X-4 (175% versus 150% with Allianz) this can make a very big difference when calculating the lifetime income. 0000101840 00000 n All players will tryout on Saturday April 23rd and Sunday April 24th in their designated birth year tryout.
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