This annuity offers 16.00% as an upfront bonus. A newer company, Athene was founded in 2009 in the wake of the financial crisis at that time. 0000017596 00000 n We focus on selling MYGAs, SPIAs, and DIAs and refer those interested in other types of annuities to other insurance agencies when possible. 0000099371 00000 n Tryout for a Team; Showcase Teams; National & Jr National Teams; Local AAU Teams; Summer League; jrNBA State variations, age restrictions and holding periods may apply. PERFORMANCE ELITE 7 MVA is not applicable in all states. You have the potential to earn interest credits that are based in part on the growth of the market index. A market value adjustment is basically an additional charge or credit for taking money out early from an annuity. Well answer any questions you have and respect your time. The Performance Elite 15 annuity from Athene offers investors a 7% 1 st year premium bonus, subjected to a 15-year vesting schedule. 0000017066 00000 n Athene Performance Elite Annuities Include: Athene Performance Elite Athene Performance Elite Plus Premium Bonus If you like bonds, bank CDs, and other safe investments, they might be right for you. The price of the annuity from that point on will depend on how much protection you want that product to provide you in retirement, and for how long. For NH: Two-year index strategies not available. In most states, the issue age is 0-73 years. Earn a 10-15% Bonus. Linotype AG 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 An Athene Performance Elite 15 fixed indexed annuity may be right for you if you want. Uncapped annuities have spreads or participation rates that limit their upside potential. 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. Annuities are not guaranteed by any bank or credit union and are not insured by the FDIC or any other federal government agency. Your accumulation value is what matters. xmp.did:F77F1174072068118083E0F9596F9B1F Athene is also a newer company, founded in just 2009, while Fidelity has a history that stretches back to 1946. OpenType - PS 4178673307 Performance Elite 10 Performance Elite 10 Select 0000013035 00000 n WebAthene Performance Elite Plus includes a Liquidity Rider for a charge. 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). Cap rates) and extend the term. 0 Request a. Individual and group annuities that help protect your assets in retirement. (In New York, beneficiaries will receive the full accumulated value.). The Death Benefit will be paid as long as you havent annuitized your contract. 0 Power Finds.". Weve compared them to Fidelity, a top-rated annuity company, to help you better decide. 0000003746 00000 n It does NOT compete with the stock market. 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. 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. 0 The following teams will be selected after the second tryout (April 24th), with player notification and roster posting on Monday April 25th. The limit can take the form of a Cap Rate, an Annual Spread, and/or a Participation Rate. 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. Studies have shown the returns of MYGAs and index annuities to be similar. The payment amount will be based on your annuitys Cash Surrender Value and the annuitization option you choose. uuid:f261802f-0b4d-744a-9ba8-cd3dc530cc25 This annuity imposes an annual liquidity rider charge. WebAthene Performance Elite 15 Fixed Indexed Annuity. If you take excess withdrawals before the term is up, you will be charged surrender charges. 0000005531 00000 n Rate Details Effective Date: Oct 28th, 2022 You are not directly participating in the market. Their products are sold through various marketing organizations and institutions. 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. They are for investors who like safety and security. 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. The states of OH, MN, OR, and DE have an issue age of 47 years. Earnings on this annuity are indexed, and the plan includes an income and death benefit rider at no additional charge. 0000020674 00000 n Index annuities are an excellent fit for conservative investors who are looking for an alternative to bank CDs and bonds. They compete with bonds, CDs, and other safer investments. 2.1 They allow you to capture some of the growth of a market index while having 100% downside protection. For MD: Upfront Bonus reduced to 13.00%. 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. 192067761 0 Athene Annuity & Life Company - View Details. Fidelity also offers a deferred annuity product with a minimum investment of just $5,000, but Athenes lowest option is $10,000. 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. Its NOT a real return. Performance Elite 10 Plus Reviewed | Annuity Resources Surrender charges may apply to withdrawals during the surrender period. The simple interest credits 3. 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 Performance Elite Plus 10 is a deferred fixed indexed annuity issued by Athene Annuity & Life Company. This annuity offers 10.00% as an upfront bonus. 3896682134 The more your annuity grows, the more those riders will cost you year over year. If you are looking for the most retirement income, request an. You might be better off in a MYGA with a pre-determined rate of return vs. an index annuity where you might earn 1-3% more per year. Not all annuities are available in all states. If you pass away, this series does include a death benefit; your beneficiaries will receive the greater of either your accumulated value, your plans minimum guaranteed contract value, or the return of premium benefit (if purchased). Know the worst-and best-case scenarios because you are likely to earn something in the middle. Performance Elite Dont be misled by an annuity salesman trying to earn a big commission. 0000101474 00000 n / 0 Established indexes are safer and more likely to generate better returns. Minimum single premium is $25, 000. Depending on the annuity you choose, there are a few different rider options available, some of which are included at no extra charge. 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. No Lifetime Income Ridersthe Performance Elite is a growth focused annuity with no lifetime income rider options. Athene PE Plus 15 Annuity Broker 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. Many different annuity contracts and riders to choose from, Accumulated growth can be locked in, protecting against market downturns, Must be purchased through a financial professional. AvenirNextLTPro-LightCn #5vWU>s_u3K_Bc- 0000025431 00000 n 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. Copyright 2023 Annuity Resources, LLC - All rights reserved. Athene Performance Elite 10 and 15 annuities allow up to 5% beginning in the second 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. 0000015918 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. Athene 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. 0000026886 00000 n I would not expect anything more than this over a more extended period. 119 0 obj<>stream So, what is the best way to grow your money? 0000013440 00000 n 0 Dont take an agents word for it. Systematic withdrawals available on a monthly, quarterly, semi-yearly, or yearly frequency. The materials, names, logos, brochures, etc used in our annuity reviews are property of their owners and not those of AnnuityResources.com. Athene Performance Elite annuities are designed to help meet your long-term savings and retirement needs. xmp.did:fe2dd2c1-6d72-4b39-9f40-056a0c5b4d4c trailer Not available in: AK, CT, DE, ID, MN, NV, NJ, NY, OH, OK, OR, PA, SC, TX, UT and WA Athene is a relatively new company, founded in just 2009, which used to offer life insurance and annuities but now only sells the latter. Looking for the highest guaranteed returns? Athene Performance Elite Plus 10 also provides an enhanced Premium Bonus, which will give an immediate increase to your annuitys Accumulated Value. We use cookies to improve our service, track analytics, remember preferences, etc. Schedule a Call; Quick links. 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. Annuity You earn a fixed-income type of returns, not market-like returns. Information presented on this website is not intended as tax or legal advice. 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. WebAthene Performance Elite 7 annuities allow up to a 10% annual free withdrawal beginning in the first Contract Year. For MA: Confinement penalty waiver not available. Your money is not directly exposed to the risks of the stock market or individual stocks. We also analyze each carriers third-party and consumer reviews, looking at their reliability, reputation, and seeking out certain trends that might exist. The bonus and any earnings on the bonus are subject to a Premium Bonus Vesting Adjustment. Other reasons to consider an indexed annuity: Athene is one of the fastest growing sellers of indexed annuities in the United States. This shows that the company consistently performs better than expected. Why would you want to pay the fee, if you were given the choice? Capped annuities are more likely to outperform uncapped products when the stock market is weaker. 0000044057 00000 n Your interest credits are locked-in once credited, and cannot be lost due to market downturns. 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. You receive some of the upside and none of the downside. They also extend the term. Xtreme Tryout Dates for 2022-23 Ashburn XTREME Hockey Club You receive some of the upside, but none of the downside. You could receive 15% one year and 0% for 2 other years. All guarantees are backed by the claims-paying ability of the insurance company. NAIC. Strategy Charges: 1.75% Optional(Higher Participation Rates), Free Withdrawal: 5% Annual (Elite 10 & 15). Required Minimum Distributions (RMDs) are IRS mandatory withdrawals required with qualified contracts (such as an IRA ). For CA: Upfront Bonus reduced to 12.00%. 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. 83 0 obj <> endobj 417233541 1346 0 obj <> endobj xref WebThe Income Base (as defined by Athene) is made up of three things: 1. 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). This product has a 10 Years term. This website is not intended to be a recommendation for you to purchase an annuity. 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). Access to 20% free withdrawal if no withdrawal taken prior year (included in .95% rider charge on Plus version). 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. xmp.iid:4d8738e8-cc72-4744-ab75-a6c3cf2ca89f Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. The index is They are a percentage of the withdrawal amount, decrease over time, and go to zero when the term ends. Elite Prospects - Ashburn Xtreme 16U AA 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. 2.00 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. You also might be charged a market value adjustment on early withdrawals. 0000006914 00000 n We have reviewed other products from Athene. Maximum single premium is $1,000,000. 0000028258 00000 n Athene Performance Elite Plus We independently evaluate all recommended products and services. They allow companies to pay a higher rate and make longer-term investments. 0000001567 00000 n Athene Avenir Next LT Pro 192067761 Avenir Next LT Pro Subscribe to our newsletter and receive our top picks every month. What is your number one priority, as you start to consider retirement plan options? Copyright 2020. 0000004257 00000 n OpenType - PS Calculators; Income Annuity Quote; Annuity Rates; Annuity Companies; Financial Ratings; Licenses; Terms; Learn more. 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. Are you a conservative investor who wants to protect your principal? 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 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. 0000019215 00000 n Athene is not one of our top-rated life insurance companies. 0000001236 00000 n The minimum premium is $10,000, and plans offer either single or joint life benefits, which can begin immediately. The complaint index is adjusted for each company, with the average being 1.0. Athene Performance Elite 10. 0000001647 00000 n Athene Life Insuranceis also an inexpensive way to leave a death benefit to beneficiaries. Complete the form below and get the answers you need within 24 hours. 0000101840 00000 n The Performance Elite 10 Plus annuity is a fixed indexed annuity. Currently, Athene holds an A (Excellent) rating from AM Best, which is the third-highest possible score. Please contact us to receive the latest brochure. 2017-06-05T10:47:29-05:00 Want our recommendation? BY JEREMIAH KONGER, September 10th, 202011:00 AM, IncludedRiders:Confinement Waiver of Withdrawal Charges (No Fee);Terminal Illness Waiver of Withdrawal Charges (No Fee). 0000002064 00000 n Some index annuities have caps that limit their gains. The reviews and annuity information on this website may not be current and may not apply in the state you live in. State variations may exist, refer to product disclosure for details. Any interest earned is credited at the end of the crediting period. He has held positions in, and has deep experience with, expense auditing, personal finance, real estate, as well as fact checking & editing. ", AM Best. 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 AvenirNextLTPro-Medium Participation rates, spreads, and crediting rates can be changed without your permission. The Athene Performance Elite comes in two variations - one with a fee, and one without a fee. Dont blindly trust a commission drive agent. While some annuities allow for a single lump-sum payment, others expect you to also continue making regular contributions. The primary purpose of Athene Performance Elite 15 fixed indexed annuities is to help you accumulate money for retirement. Some first year yields/rates reflect the fixed rate plus a premium bonus or interest rate enhancement. jX$)6P\[_. Please consult with a qualified financial planner, advisor, tax, and legal advisor to determine if an annuity is right for your situation. They feature a variety of interest crediting strategies that are designed to grow your money and help protect you from market downturns. 0000001892 00000 n (as of 04/22/2022). Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. The fees are taken out of your account value. 0 The initial premium you put in plus any bonus money 2. 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. Required fields are marked *. https://www.youtube.com/watch?v=uv3qXK2eU6U. AvenirNextLTPro-Light 0 All players will tryout on Saturday April 23rd and Sunday April 24th in their designated birth year tryout. Penalty Free Full Withdrawal Window Available After: 10 years. xmp.did:F77F1174072068118083E0F9596F9B1F Premium bonuses range from 0% to 15%, depending on the plan you choose, with free withdrawals beginning as early as year one. 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. Ashburn Xtreme Tryout Dates Announced for 2022-23 Season. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. In exchange for this protection, indexed crediting strategies limit the interest rate you can receive. Its important to note that once you choose to annuitize, the payment schedule and the amount is fixed and cant be altered. 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. "Athene Ann & Life Co National Complaint Index Report. application/pdf Bonus Vesting Percentage Schedule, and Annual Rider Charge Rate. 1 0 obj <>]/Pages 3 0 R/Type/Catalog/ViewerPreferences<>>> endobj 2 0 obj <>stream You may also be subject to surrender fees for canceling your contract ahead of schedule. The products surrender schedule is below. AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY, Apply for Athene Performance Elite 10 Plus, Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, and Inherited IRA, 1-Year BNP Paribas Multi-Asset PTP Participation Rate, 2-Year BNP Paribas Multi-Asset PTP Participation Rate, 1-Year AI Powered US Equity PTP Participation Rate, 2-Year AI Powered US Equity PTP Participation Rate, 1-Year S&P 500 DRC 8% TR PTP Participation Rate, 2-Year S&P 500 DRC 8% TR PTP Participation Rate, Athene Annual Liquidity Rider Charge Rate 10 years.
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