The Death Benefit will be paid as long as you havent annuitized your contract. State variations, age restrictions and holding periods may apply. The limit can take the form of a Cap Rate, an Annual Spread, and/or a Participation Rate. 0000013851 00000 n 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. 0 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). xmp.did:fe2dd2c1-6d72-4b39-9f40-056a0c5b4d4c You can earn market-like upside without the market downside. This is a partial truth. WebAfter the 5th contract year, you may elect to surrender your contract and apply the Accumulated Value to one of ve settlement options. Do not buy an annuity solely for the bonus. application/pdf 0000101199 00000 n 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. Index annuities are fixed annuities that deliver fixed income type of returns. Annuities are not guaranteed by any bank or credit union and are not insured by the FDIC or any other federal government agency. Withdrawal fees, if applicable, can be waived due to terminal illness or confinement. In most states, the issue age is 0-73 years. Do not buy an annuity solely for the bonus. OpenType - PS When your annuity matures (on the Annuity Date), Athene Performance Elite gives you options to receive guaranteed lifetime income (called annuitization). OpenType - PS from application/x-indesign to application/pdf Are you a conservative investor who wants to protect your principal? Tryouts will run over three days only. 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. (In New York, beneficiaries will receive the full accumulated value.). 0000005531 00000 n You can also allocate your premium between various strategy and index account options. ", AM Best. If an insurance company gives you a bonus, they will reduce other benefits of the contract (ex. Check out the. Here is the truth. Calls usually last 5-20 minutes, and we promise to not bug you afterward. 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. Surrender charges are a penalty charged to early withdrawals of annuity contract. 1346 47 The 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. 0000044057 00000 n Flexible premiums are not accepted. You receive some of the upside and none of the downside. 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). "Annuity Providers Become Key Drivers of Satisfaction as Customers Adopt Digital Channels, J.D. Diversify your index annuity into a variety of indexes. In exchange for this protection, indexed crediting strategies limit the interest rate you can receive. We want you to have realistic expectations, so you wont be disappointed later. Why would you want to pay the fee, if you were given the choice? The simple interest credits 3. 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. You can review our list of the best life insurance companies for what we think are better options. WebAshburn Xtreme 16U AA - AHF 16U - hockey team page with roster, stats, transactions at Eliteprospects.com 0000001567 00000 n Fee to register goes up at 12:00:01 AM on April 16th. 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. 0000038260 00000 n State variations may exist, refer to product disclosure for details. Make your money work for the long term. Tryout for a Team; Showcase Teams; National & Jr National Teams; Local AAU Teams; Summer League; jrNBA 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. Athene is a relatively new company, founded in just 2009, which used to offer life insurance and annuities but now only sells the latter. Established indexes are safer and more likely to generate better returns. For MA: Confinement penalty waiver not available. 0000034932 00000 n %PDF-1.4 % Calculators; Income Annuity Quote; Annuity Rates; Annuity Companies; Financial Ratings; Licenses; Terms; All Rights reserved, Available in states: 2.1 Ashburn Xtreme Tryout Dates Announced for 2022-23 Season. The Athene Performance Elite Plus 10 is a deferred fixed indexed annuity issued by Athene Annuity & Life Company. ATHENE Performance Elite So, how does Athene measure up to some of the best annuity providers? DISCLAIMER: The information on this website is for educational purposes only. Athene Performance Elite Plus annuities include a Liquidity Rider, for an annual charge, that gives you additional flexibility should the need arise. 0000001036 00000 n Copyright 2023 Annuity Resources, LLC - All rights reserved. 83 0 obj <> endobj Book a 15-minute, Income riders cost real money and lower your principal balance. converted They allow companies to pay a higher rate and make longer-term investments. Athenes PE Plus 15 annuity has an automatically pegged Liquidity Rider that attracts a small annual fee. All players will tryout on Saturday April 23rd and Sunday April A market value adjustment is basically an additional charge or credit for taking money out early from an annuity. 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. Rate Details Effective Date: Oct 28th, 2022 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 (as of 04/22/2022). Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. Elite Prospects - Ashburn Xtreme 16U AA 0 Confinement and Terminal Illness penalty waivers not available. Do not trust anyone who suggests you will earn significantly higher returns than what we have disclosed in this section. If you click on links we provide, we may receive compensation. Over time, the returns will average out to be in the 2-4% range. Uncapped index annuities might earn 3-5% (1-2% more) than capped annuities. This website is not intended to be a recommendation for you to purchase an annuity. WebThe products surrender schedule is below. Learn more. All of that means that there are powerful growth options that can return market like upside performance without the market risk. AvenirNextLTPro-Light Has an insurance agent sent you a proposal that seems too good to be true? Hypothetical illustrations are often the best-case scenario. Athene Annuity & Life Companyis rated A by A.M. Best, was founded in 1896, and has over $76.2 billion in total assets. Request a. 0000002006 00000 n Required Minimum Distributions (RMDs) are IRS mandatory withdrawals required with qualified contracts (such as an IRA ). A Market Value Adjustment applies to withdrawals in excess of the free withdrawal amount and full surrenders during the Withdrawal Charge period. 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. WebAthene Performance Elite Plus includes a Liquidity Rider for a charge. 0000089601 00000 n 2017-06-05T10:47:29-05:00 Youre also guaranteed to never earn less than 0% interest. The 7 Biggest Mistakes Consumers Make When Buying An Annuity & How To Avoid Them, fixed annuities (MYGAs) with the highest rates. 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. Issue ages are 0 to 85 for Annuity Certain, 5 to 80 for Life and Installment Refund Life, and 5 to 85 for all other options. Participation rates, spreads, and crediting rates can be changed without your permission. 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. 0000008437 00000 n In 2020, Athene scored a 0.34, and in 2019, a 0.51. The Athene Performance Elite annuities include a Premium Bonus that is credited at issue and provides an immediate increase to your annuitys Accumulated Value. You dont get something for nothing. This annuity offers 16.00% as an upfront bonus. Get a second opinion. Is the pain of losing money greater than the pleasure of winning? Their products are sold through various marketing organizations and institutions. 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. What is your number one priority, as you start to consider retirement plan options? OpenType - PS 0000002175 00000 n Athene Register on or before April 15th to get the early bird registration fee. You could receive 15% one year and 0% for 2 other years. 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. 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. Performance Elite 10 Performance Elite 10 Select Fee-based riders come at a cost that is usually calculated as a percentage of the annuitys accumulated value. These fancy new indexes have not been tested in the real world. Early Surrender Charges and Market Value Adjustment (MVA) reduced to 9 years. 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. OpenType - PS 0000008130 00000 n 0000015368 00000 n This index can be used to track a carriers consumer trends and performance over the years. 0% 5% 10% 10% Strategy Charge (Not available on the 0000025431 00000 n 3896682134 This annuity imposes an annual liquidity rider charge. 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. Athene is also a newer company, founded in just 2009, while Fidelity has a history that stretches back to 1946. Returns are linked to a positive performance in an external index. Athene Performance Elite You can reallocate available funds at the end of each crediting period. 0000101840 00000 n 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 4178673307 The Performance Elite 10 Plus is a fixed indexed annuity. xmp.id:e3571a76-24c3-4412-9928-b8c0ad8354df 0000015453 00000 n 0000004855 00000 n For FL: Upfront Bonus reduced to 13.00% for issue ages 65-78. 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. It also provides beneficiaries with two different payout options if you pass away. WebAthene Performance Elite 15 Fixed Indexed Annuity. 0000048658 00000 n %PDF-1.4 % Youve worked hard and deserve someone you can trust. They compete with bonds, CDs, and other safer investments. 0000025959 00000 n No Market Value Adjustment (MVA). Linotype AG 0000015871 00000 n There are spreads, caps or participation rates that limit how much of the return you receive. AvenirNextLTPro-LightCn For CA: Upfront Bonus reduced to 12.00%. If a company pays a bonus, they typically take away some of the upside potential by lowering the cap. Below is the Surrender Charge schedule for Athene Performance Elite 7 Fixed Indexed Annuity. Simply put, the fee variation offers more upside potential for your growth. The payment amount will be based on your annuitys Cash Surrender Value and the annuitization option you choose. For NH: Two-year index strategies not available. Available in all 50 states and Washington, D.C. You earn a fixed-income type of returns, not market-like returns. This would be 2-4% in todays market. Athene Performance Elite 10 Product Guide Athene has the right to change the terms of their index annuity at any time. Your email address will not be published. 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. 4240935107 Required fields are marked *. Please consult with a qualified financial planner, advisor, tax, and legal advisor to determine if an annuity is right for your situation. The Performance Elite 15 annuity from Athene offers investors a 7% 1 st year premium bonus, subjected to a 15-year vesting schedule. Avenir Next LT Pro 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. 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. Complete the form below and get the answers you need within 24 hours. 0000007931 00000 n We do business as Annuity Resources Insurance Services in CA. 417233541 0000053425 00000 n A 10% IRS penalty may apply to withdrawals prior to age 59 . Linotype AG 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.

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