Earn a 10-15% Bonus. You are not directly participating in the market. "Annuity Providers Become Key Drivers of Satisfaction as Customers Adopt Digital Channels, J.D. You have the potential to earn interest credits that are based in part on the growth of the market index. xmp.iid:4d8738e8-cc72-4744-ab75-a6c3cf2ca89f Fee-based riders come at a cost that is usually calculated as a percentage of the annuitys accumulated value. Individual and group annuities that help protect your assets in retirement. You can lose money in two ways. Performance Elite 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 4007712213 Product Guide Rates effective June 12, 2017 proof:pdf Athene Performance Elite annuities provide you with a number of different indexed crediting strategies. Athene Performance Elite BY JEREMIAH KONGER, September 10th, 202011:00 AM, IncludedRiders:Confinement Waiver of Withdrawal Charges (No Fee);Terminal Illness Waiver of Withdrawal Charges (No Fee). Because MYGA rates change daily, Annuity.org and its partner Senior Market Sales update the following tables frequently. 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. 0000014994 00000 n Athene Performance Elite 10 and 15 annuities allow up to 5% beginning in the second Contract Year. 4007712213 We independently evaluate all recommended products and services. 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). Available in all 50 states and Washington, D.C. 0000002175 00000 n This would be 2-4% in todays market. Athene is not one of our top-rated life insurance companies. After annuitization, payments will be consistent with the settlement option selected made payable to your named beneficiary. 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. https://www.youtube.com/watch?v=uv3qXK2eU6U. In 2020, Athene scored a 0.34, and in 2019, a 0.51. 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. If an insurance company gives you a bonus, they will reduce other benefits of the contract (ex. 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. In most states, the issue age is 0-73 years. Athene Performance Elite Annuities Include: Athene Performance Elite Athene Performance Elite Plus Premium Bonus 0000003746 00000 n Please consult with a qualified financial planner, advisor, tax, and legal advisor to determine if an annuity is right for your situation. You also might be charged a market value adjustment on early withdrawals. 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. So you want to do your homework! The Premium Bonus Vesting Adjustment is a percentage of the annuitys Premium Bonus and any earnings on the Premium Bonus. Athene Performance Elite Plus annuities include a Liquidity Rider, for an annual charge, that gives you additional flexibility should the need arise. Athene Life Insurance Review Linotype AG By using our site, you consent to these cookies. 192067761 In New York, contracts are issued by Athene Annuity & Life Assurance Company of New York. Interest credits will never be less than 0%. This rider facilitates enhanced with withdrawal amounts, enhanced annuitizaton and a return of premium benefit. Diversify your index annuity into a variety of indexes. There are six different Performance Elite annuity options through Athene: Elite 7, Elite 7 Plus, Elite 10, Elite 10 Plus, Elite 15, and Elite 15 Plus. We understand annuities can be confusing and that you might have questions. The primary purpose of Athene Performance Elite 15 fixed indexed annuities is to help you accumulate money for retirement. Performance Elite 0000006579 00000 n What is your number one priority, as you start to consider retirement plan options? 0000020674 00000 n Athene Performance Elite Plus 10 also provides an enhanced Premium Bonus, which will give an immediate increase to your annuitys Accumulated Value. The Athene Performance Elite comes in two variations - one with a fee, and one without a fee. Strategy Charges: 1.75% Optional(Higher Participation Rates), Free Withdrawal: 5% Annual (Elite 10 & 15). 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. 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. Cancelling or surrendering an annuity is possible, but can be costly. 1 xmp.did:fe2dd2c1-6d72-4b39-9f40-056a0c5b4d4c 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 may choose a combination of the following indexes. 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. The minimum premium is $10,000 for all plans, and they include a return of premium rider (for a fee of 0.95% accumulated value). 0000015918 00000 n 4240935107 They want an efficient business model that provides a strong capital base for their policyowners. WebThe Athene Performance Elite 10 Plus is a single premium fixed-indexed annuity with a 10 year surrender charge period and a MVA provision. 0000006914 00000 n hb```b``sa`c` @16%c]ILfu)#i*m-gyNg-s ti*+$ xmp.did:F77F1174072068118083E0F9596F9B1F The bonus and any earnings on the bonus are subject to a Premium Bonus Vesting Adjustment. phone call with one of our specialists, and they can help. Returns are linked to a positive performance in an external index. In the 2021 Individual Annuity Study, Athene ranked seventh among twelve annuities carriers, according to factors such as customer satisfaction, products, pricing, and availability. Surrender charges are a penalty charged to early withdrawals of annuity contract. Choose your company wisely. 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. Elite Plus Version includes enhanced liquidity, Return of Premium, and Bonus Options for a .95% rider charge. The Athene PE Plus 15 annuity as not available in CT, CA, PA, NY, UT, PR, WA, and VI as of May 2017. The payment amount will be based on your annuitys Cash Surrender Value and the annuitization option you choose. Athene 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. The simple interest credits 3. 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. Do not invest money you might need to live on. 0000101199 00000 n The Performance Elite 10 Plus competes with bank CDs, bonds, and other fixed-income products. WebAshburn Xtreme 16U AA - AHF 16U - hockey team page with roster, stats, transactions at Eliteprospects.com These fancy new indexes have not been tested in the real world. 0000000016 00000 n Athene Annuity & Life Company - View Details. Athene Performance Elite annuities allow you to allocate your money among one or more of the available interest crediting strategies. They allow companies to pay a higher rate and make longer-term investments. Rate Details Effective Date: Oct 28th, 2022 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. This annuity also waives withdrawal penalties upon death. 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. 192067761 Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. 0000005531 00000 n 0000048658 00000 n AvenirNextLTPro-LightCn WebWithdrawal Charge Schedule NC 12%, 12, 11, 10, 9, 8, 7, 6, 4, 2, 0 Market Value Adjustment 10 years. You can reallocate available funds at the end of each crediting period. 0000016432 00000 n Linotype AG Avenir Next LT Pro This shows that the company consistently performs better than expected. They may offer an annuity to you for sale. The minimum premium is $10,000 with an accumulation period of at least 20 years or until the lifetime income withdrawals begin. 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. Annuities can be fixed or variable in nature and can be owned by a single person or owned jointly with a spouse. 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. 2017-06-05T10:47:28-05:00 Power Finds. Looking for more information about the Athene Performance Elite 15 Plus or other fixed indexed annuities? trailer 0000022053 00000 n Withdrawals are not credited with index interest in the year they are taken. Do not trust anyone that tells you otherwise. 0 Athene Performance Elite Performance Elite There are six different Performance Elite annuity options through Athene: Elite 7, Elite 7 Plus, Elite 10, Elite 10 Plus, Elite 15, and Elite 15 Plus. Athene Performance Elite Athene Agility 10 Annuity Athene 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. 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. WebPerformance Elite 15 (TX). Request a. 0 0000034932 00000 n 0000006210 00000 n Adobe InDesign CC 2017 (Macintosh) Where the Athene Agility 10 really shines in comparison to the Allianz 222 annuity is that the Agility offers a better participation rate for the income benefit. startxref During the time in which the annuity is subject to surrender penalties, there are policy provisions that allow partial access on a penalty free basis. 0000020303 00000 n The indexed interest credits should you chose the indexing method. The reviews and annuity information on this website may not be current and may not apply in the state you live in. 0000001036 00000 n 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. 0000015278 00000 n In exchange for this protection, indexed crediting strategies limit the interest rate you can receive. 0000002099 00000 n Depending on the annuity you choose, there are a few different rider options available, some of which are included at no extra charge. MVA is not applicable in all states. Though Athene Annuity & Life Company used to sell life insurance policies, the company now only offers individual and group annuities. 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. For MA: Confinement penalty waiver not available. 0000019781 00000 n 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. Premium Bonusapplied to Accumulation Value, Enhanced LiquidityAccess to 20% free withdrawal if no withdrawal taken prior year (included in .95% rider charge on Plus version). 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. 0000028258 00000 n 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 axhc11@gmail.com or, Xtreme Hockey Director Troy MacCormick at tmaccormick@ashburnice.com, Copyright 2021 Ashburn Xtreme Hockey Club, Xtreme Heading to USA Hockey Nationals: How to Follow, Xtreme Teams Head To USA HOCKEY NATIONALS. If a company pays a bonus, they typically take away some of the upside potential by lowering the cap. Uncapped index annuities might earn 3-5% (1-2% more) than capped annuities. State variations, age restrictions and holding periods may apply. Timezone Please choose an optionHST Hawaii Standard Time GMT-10:00AST Alaska Standard Time GMT-9:00PST Pacific Standard Time GMT-8:00MST Mountain Standard Time GMT-7:00CST Central Standard Time GMT-6:00EST Eastern Standard Time GMT-5:00. 0000007338 00000 n Annuity Broker can help you compare the current market leading annuities, and make an informed choice based on your needs. Athene Performance Elite Plus 0000013440 00000 n OpenType - PS When you contact us you may speak with a licensed insurance agent in your state. 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. The complaint index is adjusted for each company, with the average being 1.0. %PDF-1.4 % 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. Make sure you are comfortable with committing your money for this period. I would like to receive future communications, I confirm that I am at least 16 years of age or older. 2017-06-05T10:47:29-05:00 0% 5% 10% 10% Strategy Charge (Not available on the Read our. For CA: Upfront Bonus reduced to 12.00%. You also might be charged a market value adjustment on early withdrawals. WebAthene Performance Elite Plus includes a Liquidity Rider for a charge. 0000020605 00000 n Here's where you can find the, 10 Year Term (make sure you dont need access), Single Premium (cant add money to the contract), Possible market value adjustment on withdrawals. Athene Performance Elite 15 fixed index annuity is a 15-year retirement savings plan offering a premium bonus, Its what you know for sure, that just isnt true. Withdrawals or surrenders in excess of the Free Withdrawal amount will result in the loss of a portion of the Premium Bonus, if applicable. Product availability varies based on the state you live. Know the worst-and best-case scenarios because you are likely to earn something in the middle. The index is All players will tryout on Saturday April 23rd and Sunday April So, what is the best way to grow your money? 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. 0000004957 00000 n Beginning with the first contract year, and each year thereafter, this annuity provides up to 10% of the contract value may be withdrawn from the annuity each contract year without penalty. No Market Value Adjustment (MVA). Cumulative Withdrawals: If no withdrawals are taken in a given year, up to 20% of the Accumulated Value is available for withdrawal in the next year. Want our recommendation? Athene Earnings on this annuity are indexed, and the plan includes an income and death benefit rider at no additional charge. Access to 20% free withdrawal if no withdrawal taken prior year (included in .95% rider charge on Plus version). They are a percentage of the withdrawal amount, decrease over time, and go to zero when the term ends. Information presented on this website is not intended as tax or legal advice. 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. If interest rates have decreased by more than 0.25%, the MVA will be positive. 2.1 MVAs only affect you if you withdraw funds early. However, Athene takes additional premium payments during the first contract year. Fee to register goes up at 12:00:01 AM on April 16th. We also reference original research from other reputable publishers where appropriate. Has an insurance agent sent you a proposal that seems too good to be true? Hypothetical illustrations are often the best-case scenario. Cap rates) and extend the term. 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. WebThe Income Base (as defined by Athene) is made up of three things: 1. Ashburn Xtreme Tryout Dates Announced for 2022-23 Season. This assumes you find one of the better products on the market. Athene Performance Elite 15 annuity allows up to 5% beginning in the second Contract Year.
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