Index annuities are fixed annuities and generate fixed income type of returns. For MO: No Market Value Adjustment (MVA). If you take an excess withdrawal before the end of your Withdrawal Charge period, an MVA will be applied to that excess withdrawal. Jointly owned annuities are also considered survivorship products and will continue paying out as long as one spouse is still alive. They also extend the term. He has held positions in, and has deep experience with, expense auditing, personal finance, real estate, as well as fact checking & editing. Athene Performance Elite 15 annuity allows up to 5% beginning in the second Contract Year. . Evolution Sports | Basketball They allow you to capture some of the growth of a market index while having 100% downside protection. You also might be charged a market value adjustment on early withdrawals. Surrender charges may apply to withdrawals during the surrender period. 0000017480 00000 n We independently evaluate all recommended products and services. 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). You receive some of the upside, but none of the downside. Your email address will not be published. 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. These fancy new indexes have not been tested in the real world. You dont get something for nothing. We guarantee you will not lose money due to market risk or losses. Stephanie is an expert on insurance and small business. Diversify your index annuity into a variety of indexes. Your accumulation value is what matters. 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. The death benefit rider provides you with a benefit base value that grows over time, which is not impacted by your future withdrawals. The following teams will be selected after the second tryout (April 24th), with player notification and roster posting on Monday April 25th. 0000017066 00000 n Be extremely careful with custom or proprietary indexes because you don't know the underlying holdings. Athene sells fixed and lump-sum annuities in all 50 states, as well as Washington, D.C., and Puerto Rico. 1 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. 0000053425 00000 n The annuity also offers a whopping 12% premium bonus on first year premiums, subjected to a 15 year vesting schedule. 0000028258 00000 n 0000040565 00000 n 3896682134 Required fields are marked *. An agent might confuse you by talking payout rates, withdrawal rates, or the income account value. Both Fidelity and Athene offer a variety of plans to choose from, though Athenes 12 annuities provide more options than Fidelitys six. 0 0000008437 00000 n WebAthene Performance Elite 7 annuities allow up to a 10% annual free withdrawal beginning in the first Contract Year. WebAthene Performance Elite 15 Fixed Indexed Annuity. WebThe Athene Performance Elite 10 Plus is a single premium fixed-indexed annuity with a 10 year surrender charge period and a MVA provision. The Performance Elite 10 Plus annuity is a fixed indexed annuity. Look for products with a short surrender period and no Choose your company wisely. If interest rates have decreased by more than 0.25%, the MVA will be positive. Elite Wellness Performance and Recovery | Ashburn VA Currently, Athene holds an A (Excellent) rating from AM Best, which is the third-highest possible score. 0 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. 0000007931 00000 n Adobe PDF Library 15.0 Individual and group annuities that help protect your assets in retirement. Would you like to know how the Performance Elite 10 Plus compares to the best Index annuities on the market? Athene declares the guaranteed rate for this strategy each Contract Year. You dont get something for nothing! 1.00 The interest credited to the Performance Elite 10 Plus annuity is linked to the performance of the indexes you choose. 0000004957 00000 n 0 Request a. 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. Tryout for a Team; Showcase Teams; National & Jr National Teams; Local AAU Teams; Summer League; jrNBA Studies have shown the returns of MYGAs and index annuities to be similar. Not all annuities are available in all states. The Athene Performance Elite 10 Plus Do you like bank CDs, bonds, and other types of fixed income? Annuity Broker can help you compare the current market leading annuities, and make an informed choice based on your needs. We do business as Annuity Resources Insurance Services in CA. Withdrawals or surrenders in excess of the Free Withdrawal amount will result in the loss of a portion of the Premium Bonus, if applicable. 83 0 obj <> endobj 0000023134 00000 n Power. WebThe 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. trailer <]/Prev 222282/XRefStm 1638>> startxref 0 %%EOF 1392 0 obj <>stream 417233541 They want to be a leader in the fixed annuity marketplace. Simply put, the fee variation offers more upside potential for your growth. Your information is 100% confidential. Power, a trusted name in customer satisfaction studies. 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. WebAthene Performance Elite [GEN (09/15) NB, GEN10 (04/14), TBS15 (09/12)] Athene Performance Elite Plus [BONUS (04/17)] and Enhanced Liquidity Rider [ICC15 PEPR (11/14)] or state variations are issued by Athene Annuity and Life Company, West Des Moines, IA. The bonus and any earnings on the bonus are subject to a Premium Bonus Vesting Adjustment. 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. 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. This annuity offers 16.00% as an upfront bonus. Index annuities are fixed annuities that deliver fixed income type of returns. 0000022053 00000 n Athene offers a variety of annuity products, whether youre buying as an individual or purchasing through the workplace. You may also be subject to surrender fees for canceling your contract ahead of schedule. Its also a good idea to lock in the indexes at different times. In fact, this particular annuity is one of the stronger growth focusedannuities on the market. Avenir Next LT Pro If you are looking for the highest guaranteed returns, consider a multiple-year guarantee annuity (MYGA) because the rates are guaranteed for the entire term. Athene Performance Elite 7 Athene Performance Elite 7 Plus Ownership Qualified3 must be single ownership Nonqualified joint ownership available Premiums (Single premium only) Minimum $10,000 Maximum $1,000,000 (larger amounts may be accepted with company approval) Withdrawal Charge Rate Schedule4 Contract Yr Charge In New York, contracts are issued by Athene Annuity & Life Assurance Company of New York. 0000027283 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. 1 0 obj <>]/Pages 3 0 R/Type/Catalog/ViewerPreferences<>>> endobj 2 0 obj <>stream Tryouts will run over three days only. It does NOT compete with the stock market. 0 I would like to receive future communications, I confirm that I am at least 16 years of age or older. Athene Performance Elite 10 Product Guide You are encouraged to seek tax or legal advice from a qualified professional. Please consult with a qualified financial planner, advisor, tax, and legal advisor to determine if an annuity is right for your situation. Avenir Next LT Pro Athene customer service can be reached by phone at 1-888-ANNUITY (1-888-266-8489) from 8 a.m. to 5 p.m. CST, Monday through Friday. xmp.iid:4d8738e8-cc72-4744-ab75-a6c3cf2ca89f Investopedia requires writers to use primary sources to support their work. So, what is the best way to grow your money? Linotype AG Sbu8Vp;{6aOWwnwitZ`7*,])xp;oM\.68(2vj(Q=_id{Z`RuH{s-G-eVY%}. A complaint index above 1.0 means that the company received more complaints than expected for its size; a score below 1.0 means fewer complaints than expected were received. The fixed crediting strategy provides a guaranteed rate of interest that is used to calculate and credit interest to your annuity daily. Copyright 2020. Weve compared them to Fidelity, a top-rated annuity company, to help you better decide. 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 Athene Life Insurance Review Available in all 50 states and Washington, D.C. Any interest earned is credited at the end of the crediting period. 0000018755 00000 n 83 37 A market value adjustment is basically an additional charge or credit for taking money out early from an annuity. 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. 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. xb```f``a`e` ab@ !&@yL8&7eS;gil3P a?U4xRtn y-La>Tb>>+g. 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. Avenir Next LT Pro If you like bonds, bank CDs, and other safe investments, they might be right for you. 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. 0000015871 00000 n Youre also guaranteed to never earn less than 0% interest. Athene has the right to change the terms of their index annuity at any time. Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. Established indexes are safer and more likely to generate better returns. Some index annuities have caps that limit their gains. Athene annuities provide annual free withdrawal privileges. 0 4007712213 68070_PE7_ProductGuide_0617.indd You could earn slightly less than what fixed annuities pay to slightly more, in our opinion. When you contact us you may speak with a licensed insurance agent in your state. Information presented on this website is not intended as tax or legal advice. Athenes PE Plus 15 annuity has an automatically pegged Liquidity Rider that attracts a small annual fee. Athene feels they have an entrepreneurial spirit and are led by a management team with over 165 years experience. Calculators; Income Annuity Quote; Annuity Rates; Annuity Companies; Financial Ratings; Licenses; Terms; A 10% IRS penalty may apply to withdrawals prior to age 59 . State variations may exist, refer to product disclosure for details. Requiring a lump-sum, single premium payment up front, the Athene SPIA plan helps financially protect your future retirement from day one. 0000002006 00000 n Your money is not directly exposed to the risks of the stock market or individual stocks. Its NOT a real return. 0000016727 00000 n Athene Performance Elite 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. 1346 0 obj <> endobj xref
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