The limit can take the form of a Cap Rate, an Annual Spread, and/or a Participation Rate. Its also a good idea to lock in the indexes at different times. If you take excess withdrawals before the term is up, you will be charged surrender charges. uuid:f261802f-0b4d-744a-9ba8-cd3dc530cc25 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. Other reasons to consider an indexed annuity: Athene is one of the fastest growing sellers of indexed annuities in the United States. Dont take an agents word for it. 0000019781 00000 n Register on or before April 15th to get the early bird registration fee. In 2020, Athene scored a 0.34, and in 2019, a 0.51. You may choose a combination of the following indexes. 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with the first contract year, and each year thereafter, this annuity provides up to 10% of the contract value may be withdrawn from the annuity each contract year without penalty. The Athene PE Plus 15 annuity as not available in CT, CA, PA, NY, UT, PR, WA, and VI as of May 2017. 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. You also might be charged a market value adjustment on early withdrawals. WebAthene Performance Elite 15 Fixed Indexed Annuity. 0000003746 00000 n Know the worst-and best-case scenarios because you are likely to earn something in the middle. . 0000001892 00000 n Annuity Resources, LLC is a licensed fixed annuity producer in most states. 83 37 0000001647 00000 n 0000089601 00000 n License 6003435. Each year, the National Association of Insurance Commissioners (NAIC) issues carriers a complaint index. All players will tryout on Saturday April 23rd and Sunday April 24th in their designated birth year tryout. Athene Life Insuranceis also an inexpensive way to leave a death benefit to beneficiaries. 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 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. Annuity information on this site may not be current or applicable in your state. 0 If no withdrawals are taken in a given year, up to 20% of the Accumulated Value is available for withdrawal in the next year. OpenType - PS Additionally, you will find participation rates of at least 100% within the NASDAQ FC and AI-Powered US Equity indexes. Earnings on this annuity are indexed, and the plan includes an income and death benefit rider at no additional charge. So, what is the best way to grow your money? 0000040565 00000 n %%EOF All Rights Reserved By Annuity Association. 0000004257 00000 n Athene Performance Elite Plus also provides an enhanced Premium 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. 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. The annuity contract has a formula that decides how much of the gain of an index you receive. 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. 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. Confinement and Terminal Illness penalty waivers not available. No Lifetime Income Ridersthe Performance Elite is a growth focused annuity with no lifetime income rider options. 0000022053 00000 n The company began trading on the New York Stock Exchange in 2016, raising $1.1 billion through its initial public offering and earning the title of third-largest IPO that year. For CA: Upfront Bonus reduced to 12.00%. All guarantees are backed by the claims-paying ability of the insurance company. While some annuities allow for a single lump-sum payment, others expect you to also continue making regular contributions. the Performance Elite is a growth focused annuity with no lifetime income rider options. hb```b``sa`c` @16%c]ILfu)#i*m-gyNg-s ti*+$ I would like to receive future communications, I confirm that I am at least 16 years of age or older. This website is not intended to be a recommendation for you to purchase an annuity. This rider facilitates enhanced with withdrawal amounts, enhanced annuitizaton and a return of premium benefit. Fixed Account Guaranteed Minimum Interest Rate: Index Accounts - Annual Cap and Participation Rates: Any Index - Highest Participation Rate (WITH Charge/Fee): Any Index - Highest Participation Rate (NO Charge/Fee): S&P 500 - Point-to-Point Cap (WITH Charge/Fee): S&P 500 - Point-to-Point Cap (NO Charge/Fee). See product brochure, disclosure and riders for additional details, limitations and availability. In most states, the issue age is 0-73 years. 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 annuity also offers a whopping 12% premium bonus on first year premiums, subjected to a 15 year vesting schedule. %PDF-1.4 % Copyright 2023 Annuity Resources, LLC - All rights reserved. Request a. 4007712213 The more you contribute to your annuity planand the greater the annuitys growththe more income it will provide you in retirement, and for a longer period of time. Over time, the returns will average out to be in the 2-4% range. Accumulated Value with no surrender charges, (ii) the Minimum Guaranteed Contract Value or (iii) the Return of Premium Benefit (if applicable). DISCLAIMER: The information on this website is for educational purposes only. These fancy new indexes have not been tested in the real world. Avenir Next LT Pro 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. 2 The Index 0000003091 00000 n Cancelling or surrendering an annuity is possible, but can be costly. You could earn slightly less than what fixed annuities pay to slightly more, in our opinion. 0000010262 00000 n Earn a guaranteed 7-9% returns. False. Do not buy an annuity solely for the bonus. 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. For MA: Confinement penalty waiver not available. When your annuity matures (on the Annuity Date), Athene Performance Elite gives you options to receive guaranteed lifetime income (called annuitization). 0 OpenType - PS 0000008130 00000 n Athene offers a variety of annuity products, whether youre buying as an individual or purchasing through the workplace. The Performance Elite 15 annuity from Athene offers investors a 7% 1 st year premium bonus, subjected to a 15-year vesting schedule. Upfront bonuses are frequently subject to a vesting schedule. trailer Amount +/- will not exceed withdrawal charge. AvenirNextLTPro-LightCn OpenType - PS 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. Avenir Next LT Pro "Athene Ann & Life Co National Complaint Index Report. %PDF-1.4 % 0000006298 00000 n 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. Surrender charges may apply to withdrawals during the surrender period. 0000026484 00000 n 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 Established indexes are safer and more likely to generate better returns. By using our site, you consent to these cookies. xmp.id:e3571a76-24c3-4412-9928-b8c0ad8354df They want to be a leader in the fixed annuity marketplace. Athene Performance Elite annuities are designed to help meet your long-term savings and retirement needs. Linotype AG 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. 0000006210 00000 n 0 This annuity comes with a Liquidity Rider, which enhances your flexibility with regards to withdrawals and collecting money when you may need it most. WebPerformance Elite 15 (TX). Are you a conservative investor who wants to protect your principal? They were introduced in 1995 to compete with bank CDs. Not available in: AK, CT, DE, ID, MN, NV, NJ, NY, OH, OK, OR, PA, SC, TX, UT and WA Strategies are methods used to calculate how much interest, if any, will be credited to your annuity. 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. 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. We understand annuities can be confusing and that you might have questions. 3896682134 Avenir Next LT Pro This annuity offers 16.00% as an upfront bonus. Athene Performance Elite Plus annuities include a Liquidity Rider, for an annual charge, that gives you additional flexibility should the need arise. Ashburn Xtreme Tryout Dates Announced for 2022-23 Season. Avenir Next LT Pro You receive some of the upside, but none of the downside. 0000048658 00000 n Its NOT a real return. 0000007338 00000 n If you are considering the Performance Elite 10 Plus this might be the most important message you will read. proof:pdf ", AM Best. Details on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below. This annuity imposes an annual liquidity rider charge. The reviews and annuity information on this website may not be current and may not apply in the state you live in. 0000013470 00000 n In addition to periodic or free withdrawals, Athene Performance Elite provides you with options for annuitization. Studies have shown the returns of MYGAs and index annuities to be similar. 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). WebWithdrawal Charge Schedule NC 12%, 12, 11, 10, 9, 8, 7, 6, 4, 2, 0 Market Value Adjustment 10 years. AvenirNextLTPro-MediumCn The minimum premium is $10,000 with an accumulation period of at least 20 years or until the lifetime income withdrawals begin. 0 Individual and group annuities that help protect your assets in retirement. 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. Investopedia requires writers to use primary sources to support their work. Calls usually last 5-20 minutes, and we promise to not bug you afterward. 0000018181 00000 n NAIC. 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. You can lose money in two ways. 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. Starting the first year, annuitants can withdraw up to 10% of their accumulated value without incurring any withdrawal charges. You earn a fixed-income type of returns, not market-like returns. 4178673307 Withdrawals or surrenders in excess of the Free Withdrawal amount will result in the loss of a portion of the Premium Bonus, if applicable. 4178673307 %PDF-1.6 % ;F0T Because when it comes to index annuities, its not what you know that gets you into trouble. 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). A beneficiary may choose to receive their death benefit in either a lump sum or select an available annuitization option. We do business as Annuity Resources Insurance Services in CA. Athene feels they have an entrepreneurial spirit and are led by a management team with over 165 years experience. In 2021, Athene Annuity & Life Company received an overall NAIC complaint index of 0.10, well below the 1.0 average. In 2020, Athene scored a 0.34, and in 2019, a 0.51. This shows that the company consistently performs better than expected. 1 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 income riderincluded at no charge on certain annuitiesgives annuitants the peace of mind of guaranteed growth. #5vWU>s_u3K_Bc- OpenType - PS 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. 0000025959 00000 n phone call with one of our specialists, and they can help. 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. These charges do not apply to free withdrawals, RMDs, payments made in settlement of your annuitys Death Benefit or Confinement, and Terminal Illness waivers. A Market Value Adjustment applies to withdrawals in excess of the free withdrawal amount and full surrenders during the Withdrawal Charge period. The initial premium you put in plus any bonus money 2. If you request an index annuity proposal, we will send you information on what we feel are the best products available. 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. Annuities work a bit differently than life insurance policies, in that the vast majority of them do not require underwriting. Your email address will not be published. Request a. Tryouts will run over three days only. 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. Athene Annuity & Life Companyis rated A by A.M. Best, was founded in 1896, and has over $76.2 billion in total assets. 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. Its important to note that once you choose to annuitize, the payment schedule and the amount is fixed and cant be altered. WebAthene Performance Elite Plus includes a Liquidity Rider for a charge. from application/x-indesign to application/pdf Some index annuities have caps that limit their gains. It's easy. Systematic withdrawals available on a monthly, quarterly, semi-yearly, or yearly frequency. The "S&P 500" is a product of S&P Dow Jones Indices LLC, a division of S&P Get a second opinion. 0000003070 00000 n Athene Annuity & Life Company is rated A by A.M. Best, was founded in 1896, and has over $76.2 billion in total assets. Linotype AG Strategy Charges: 1.75% Optional(Higher Participation Rates), Free Withdrawal: 5% Annual (Elite 10 & 15). Athene Annuity & Life Company - View Details. The death benefit rider provides you with a benefit base value that grows over time, which is not impacted by your future withdrawals. Athene Performance Elite Plus If you take an excess withdrawal before the end of your Withdrawal Charge period, an MVA will be applied to that excess withdrawal. 10% Annual (Elite 7)Enhanced Liquidity up to 20% available in Plus version. Capped annuities are more likely to outperform uncapped products when the stock market is weaker. 536 were here. 0000021298 00000 n All Rights reserved, Available in states: The fees are taken out of your account value. (In New York, beneficiaries will receive the full accumulated value.). It does NOT compete with the stock market. 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. 0000006579 00000 n If a company pays a bonus, they typically take away some of the upside potential by lowering the cap. 0000000016 00000 n Your interest credits are locked-in once credited, and cannot be lost due to market downturns. 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. Complete the form below and get the answers you need within 24 hours.
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