0000101474 00000 n Speak With A FiduciaryAdvisor About This Annuity. 0000018755 00000 n 0 Your information is 100% confidential. 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 0000006579 00000 n Athene Performance Elite 15 annuity allows up to 5% beginning in the second Contract Year. The Athene Performance Elite comes in two variations - one with a fee, and one without a fee. #5vWU>s_u3K_Bc- Flexible premiums are not accepted. No Withdrawal Charge or MVA apply if you qualify for this benefit. The Performance Elite 10 Plus is a fixed indexed annuity. 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. 0000044057 00000 n You dont get something for nothing! You are encouraged to seek tax or legal advice from a qualified professional. 0000026484 00000 n We want you to have realistic expectations, so you wont be disappointed later. Though Athene Annuity & Life Company used to sell life insurance policies, the company now only offers individual and group annuities. He has held positions in, and has deep experience with, expense auditing, personal finance, real estate, as well as fact checking & editing. %%EOF Looking for the highest guaranteed returns? Withdrawals or surrenders in excess of the Free Withdrawal amount will result in the loss of a portion of the Premium Bonus, if applicable. BY JEREMIAH KONGER, September 10th, 202011:00 AM, IncludedRiders:Confinement Waiver of Withdrawal Charges (No Fee);Terminal Illness Waiver of Withdrawal Charges (No Fee). 0000013470 00000 n 0000006799 00000 n If you like bonds, bank CDs, and other safe investments, they might be right for you. Its a fictional number which you cant withdraw lump sum, transfer out, or live on the interest. Evolution Sports | Basketball 536 were here. Avenir Next LT Pro The fixed crediting strategy provides a guaranteed rate of interest that is used to calculate and credit interest to your annuity daily. NAIC. WebAshburn Xtreme 16U AA - AHF 16U - hockey team page with roster, stats, transactions at Eliteprospects.com The index is 119 0 obj<>stream The primary purpose of Athene Performance Elite 15 fixed indexed annuities is to help you accumulate money for retirement. Annuity The materials, names, logos, brochures, etc used in our annuity reviews are property of their owners and not those of AnnuityResources.com. Tryout for a Team; Showcase Teams; National & Jr National Teams; Local AAU Teams; Summer League; jrNBA 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. The Athene PE Plus 15 annuity as not available in CT, CA, PA, NY, UT, PR, WA, and VI as of May 2017. You receive some of the upside, but none of the downside. Athene Performance Elite 10. 0 A Market Value Adjustment applies to withdrawals in excess of the free withdrawal amount and full surrenders during the Withdrawal Charge period. xmp.id:e3571a76-24c3-4412-9928-b8c0ad8354df Over time, the returns will average out to be in the 2-4% range. Product Guide Rates effective June 12, 2017 0000006914 00000 n The Athene Performance Elite 10 Plus 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. 2017-06-05T10:47:28-05:00 Athene Rate Details Effective Date: Oct 28th, 2022 WebThe Athene Performance Elite 10 Plus is a single premium fixed-indexed annuity with a 10 year surrender charge period and a MVA provision. Power Finds.". This product has a 10 Years term. This waiver only applies after the first contract anniversary has passed. 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). %PDF-1.4 % A beneficiary may choose to receive their death benefit in either a lump sum or select an available annuitization option. xb```f``a`e` ab@ !&@yL8&7eS;gil3P a?U4xRtn y-La>Tb>>+g. For complete details on index account options, including current cap and participation rates, please contact AnnuityAdvantage at 1.800.239.0356. After the first contract year, a confinement and terminal illness waiver is available for annuity owners who fulfil the requirements. Because MYGA rates change daily, Annuity.org and its partner Senior Market Sales update the following tables frequently. 2017-06-05T10:47:28-05:00 Athene Performance Elite Plus also provides an enhanced Premium Bonus. https://www.youtube.com/watch?v=uv3qXK2eU6U. WebWithdrawal Charge Schedule NC 12%, 12, 11, 10, 9, 8, 7, 6, 4, 2, 0 Market Value Adjustment 10 years. Athene Performance Elite Annuities can be fixed or variable in nature and can be owned by a single person or owned jointly with a spouse. 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 7 Biggest Mistakes Consumers Make When Buying An Annuity & How To Avoid Them, fixed annuities (MYGAs) with the highest rates. The 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 0000101840 00000 n If no withdrawals are taken in a given year, up to 20% of the Accumulated Value is available for withdrawal in the next year. An Athene Performance Elite 15 fixed indexed annuity may be right for you if you want. Fee-based riders come at a cost that is usually calculated as a percentage of the annuitys accumulated value. the Performance Elite is a growth focused annuity with no lifetime income rider options. Avenir Next LT Pro Just how much growth is available with the Athene Performance Elite Fixed Index Annuity? 192067761 Elite Plus Version includes enhanced liquidity, Return of Premium, and Bonus Options for a .95% rider charge. Please contact us to receive the latest brochure. proof:pdf 0000015278 00000 n Confinement and Terminal Illness penalty waivers not available. 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. You can get your questions answered by booking a brief call with one of our team members. 1.00 2023 Annuity Educator. 0000099371 00000 n Adobe InDesign CC 2017 (Macintosh) It does NOT compete with the stock market. 2 Because the index applies a volatility control mechanism, the range of both the positive and negative performance of the index is limited. 0000001846 00000 n 0000016727 00000 n AvenirNextLTPro-Regular 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. This would be 2-4% in todays market. You are watching the market, and a formula decides how much gain of the index you receive. 0 However, Athene takes additional premium payments during the first contract year. PDF/X-4 In 2021, Athene Annuity & Life Company received an overall NAIC complaint index of 0.10, well below the 1.0 average. Index annuities are an excellent fit for conservative investors who are looking for an alternative to bank CDs and bonds. 0000015368 00000 n They also extend the term. 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. The fees are taken out of your account value. 0000029269 00000 n Choose your company wisely. 4240935107 Subscribe to our newsletter and receive our top picks every month. These include white papers, government data, original reporting, and interviews with industry experts. 0000021298 00000 n 0000000016 00000 n License 6003435. We guarantee you will not lose money due to market risk or losses. 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. 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. 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. There is a premium bonus of 3% and the earliest you can elect lifetime income is age 50. 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. 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. Your money is not directly exposed to the risks of the stock market or individual stocks. 2 The Index Has an insurance agent sent you a proposal that seems too good to be true? Hypothetical illustrations are often the best-case scenario. Athene Performance Elite Plus WebThe Athene Performance Elite 10 is a single premium fixed-indexed annuity with a 10 year surrender charge period and a MVA provision. Not all annuities are available in all states. Elite Wellness Performance and Recovery | Ashburn VA Youre also guaranteed to never earn less than 0% interest. Individual and group annuities that help protect your assets in retirement. If interest rates have decreased by more than 0.25%, the MVA will be positive. Amount +/- will not exceed withdrawal charge. Find highest lifetime income payments and cover your retirement income gap today. Athene feels they have an entrepreneurial spirit and are led by a management team with over 165 years experience. 0000028258 00000 n Look for products with a short surrender period and no 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. Athene Performance Elite 10 Plus Rate & Reviews The more your annuity grows, the more those riders will cost you year over year. Your rate of return is calculated based on the accumulation value, not the income value. Annuity Broker can help you compare the current market leading annuities, and make an informed choice based on your needs. For MO: No Market Value Adjustment (MVA). We do business as Annuity Resources Insurance Services in CA. 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. Ashburn Xtreme Tryout Dates Announced for 2022-23 Season. 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. Early Surrender Charges and Market Value Adjustment (MVA) reduced to 9 years. . 0 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. Starting the first year, annuitants can withdraw up to 10% of their accumulated value without incurring any withdrawal charges. Performance Elite The simple interest credits 3. WebPerformance Elite 15 (TX). Athene 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 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. 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 fixed annuities that deliver fixed income type of returns. This website is not intended to be a recommendation for you to purchase an annuity. 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. 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. So, how does Athene measure up to some of the best annuity providers? OpenType - PS Uncapped annuities have spreads or participation rates that limit their upside potential. 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. Not available in: AK, CT, DE, ID, MN, NV, NJ, NY, OH, OK, OR, PA, SC, TX, UT and WA Fee to register goes up at 12:00:01 AM on April 16th. 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. All Rights Reserved By Annuity Association. The initial premium you put in plus any bonus money 2. 0000001647 00000 n See product brochure, disclosure and riders for additional details, limitations and availability. Earnings on this annuity are indexed, and the plan includes an income and death benefit rider at no additional charge.
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