Because when it comes to index annuities, its not what you know that gets you into trouble. 0000044057 00000 n Each year, the National Association of Insurance Commissioners (NAIC) issues carriers a complaint index. Fee to register goes up at 12:00:01 AM on April 16th. 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. Athene Performance Elite Annuities Include: Athene Performance Elite Athene Performance Elite Plus Premium Bonus Any required minimum distributions are treated as free withdrawals and are thus not subjected to withdrawal charges, market value adjustments, or premium bonus vesting schedules. After the first Contract Year, you can withdraw up to 100% of your annuitys Accumulated Value if youve been confined to a Qualified Care Facility for at least 60 consecutive days and meet the eligibility requirements. 0000002006 00000 n PDF/X-4 Their products are sold through various marketing organizations and institutions. 0000026886 00000 n Complete the form below and get the answers you need within 24 hours. After annuitization, payments will be consistent with the settlement option selected made payable to your named beneficiary. You can reallocate available funds at the end of each crediting period. Fidelity also offers a deferred annuity product with a minimum investment of just $5,000, but Athenes lowest option is $10,000. Leading the Fixed Index Annuity industry with participation rates bringing you as much as 195% of your earnings, you can grow your money in a powerful way with this annuity with no zero market downside. Personal, Traditional IRA, Roth IRA, SEP-IRA, SIMPLE-IRA, 403(b). The indexed interest credits should you chose the indexing method. 0000025431 00000 n Athene Performance Elite Plus 10 also provides an enhanced Premium Bonus, which will give an immediate increase to your annuitys Accumulated Value. Athene Performance Elite 15 annuity allows up to 5% beginning in the second Contract Year. Strategy Charges: 1.75% Optional(Higher Participation Rates), Free Withdrawal: 5% Annual (Elite 10 & 15). WebAshburn Xtreme 16U AA - AHF 16U - hockey team page with roster, stats, transactions at Eliteprospects.com WebWeekly Team Schedule; Tryouts; Teams & League Programs. 2 The Index A Market Value Adjustment applies to withdrawals in excess of the free withdrawal amount and full surrenders during the Withdrawal Charge period. 4240935107 OpenType - PS You could earn slightly less than what fixed annuities pay to slightly more, in our opinion. The Performance Elite 10 Plus competes with bank CDs, bonds, and other fixed-income products. Index annuities are an excellent fit for conservative investors who are looking for an alternative to bank CDs and bonds. Be extremely careful with custom or proprietary indexes because you don't know the underlying holdings. License 6003435. 0000002064 00000 n Would you like to know how the Performance Elite 10 Plus compares to the best Index annuities on the market? Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. xmp.did:F77F1174072068118083E0F9596F9B1F For CA: Upfront Bonus reduced to 12.00%. You are watching the market, and a formula decides how much gain of the index you receive. The states of OH, MN, OR, and DE have an issue age of 47 years. Expect to earn 1-2% more than the average rate of a 1-year fixed annuity. It does NOT compete with the stock market. 0000005531 00000 n Index annuities are for conservative investors who like safety. 68070_PE7_ProductGuide_0617.indd 0 Why would you want to pay the fee, if you were given the choice? If you own the contract to maturity, they do not apply. Athene Performance Elite Plus You receive some of the upside and none of the downside. xmp.id:e3571a76-24c3-4412-9928-b8c0ad8354df 0000001036 00000 n Calls usually last 5-20 minutes, and we promise to not bug you afterward. The 7 Biggest Mistakes Consumers Make When Buying An Annuity & How To Avoid Them, fixed annuities (MYGAs) with the highest rates. Today, Athene sells both individual and group annuities to consumers across the United States and U.S. territories. MVA is not applicable in all states. 0000004957 00000 n Athene declares the caps, annual spreads, and participation rates at the end of each term period. converted In fact, this particular annuity is one of the stronger growth focusedannuities on the market. Both Fidelity and Athene offer a variety of plans to choose from, though Athenes 12 annuities provide more options than Fidelitys six. Cancelling or surrendering an annuity is possible, but can be costly. 0000024129 00000 n 0000000016 00000 n 2 Because the index applies a volatility control mechanism, the range of both the positive and negative performance of the index is limited. 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 Performance Elite 10 Plus is a fixed indexed annuity. 0000019215 00000 n A market value adjustment is basically an additional charge or credit for taking money out early from an annuity. Today, the company boasts more than $236.7 billion in assets. In New York, contracts are issued by Athene Annuity & Life Assurance Company of New York. Look for products with a short surrender period and no Are you a conservative investor who wants to protect your principal? We guarantee you will not lose money due to market risk or losses. AvenirNextLTPro-LightCn The limit can take the form of a Cap Rate, an Annual Spread, and/or a Participation Rate. Industry Leading Participation Rates195% Participation Rates on the BNP Paribas Multi-Asset Index make this annuity one of the top safe growth Fixed Index Annuities on the market. 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. The simple interest credits 3. Avenir Next LT Pro Simply put, the fee variation offers more upside potential for your growth. Its also a good idea to lock in the indexes at different times. 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. 0000013851 00000 n Tryout for a Team; Showcase Teams; National & Jr National Teams; Local AAU Teams; Summer League; jrNBA They are for investors who like safety and security. Annuity information on this site may not be current or applicable in your state. 0000006579 00000 n For MD: Upfront Bonus reduced to 13.00%. 0000015918 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. DISCLAIMER: The information on this website is for educational purposes only. 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. Gains are linked to a positive change in a market index. Check out the. OpenType - PS They may offer an annuity to you for sale. phone call with one of our specialists, and they can help. 10 tips you should know if you are considering the Performance Elite 10 Plus, how an insurance agent might try to sell you an Index annuity, what is a realistic return for an index annuity. No Withdrawal Charges, Premium 0000007385 00000 n Athene is also a newer company, founded in just 2009, while Fidelity has a history that stretches back to 1946. 83 37 Issue ages range from 0 to 85, depending on the product chosen. Strategies are methods used to calculate how much interest, if any, will be credited to your annuity. 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. Athene Annuity & Life Company - View Details. Athene Life Insuranceis also an inexpensive way to leave a death benefit to beneficiaries. So, how does Athene measure up to some of the best annuity providers? This would be 2-4% in todays market. Athene Performance Elite 15 fixed index annuity is a 15-year retirement savings plan offering a premium bonus, 0000014253 00000 n The materials, names, logos, brochures, etc used in our annuity reviews are property of their owners and not those of AnnuityResources.com. A high rating means a high probability that the company will remain solvent and able to pay out on its contracts as agreed. If you are searching for an annuity that will give you the highest streams of guaranteed income, or something that can comfortably support you in the event of a long-term care event, there are better options on the market. 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). 0000012912 00000 n 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. 0000020674 00000 n $ 10,000.00. 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). 417233541 https://www.youtube.com/watch?v=uv3qXK2eU6U. MVAs only affect you if you withdraw funds early. The Death Benefit will be paid as long as you havent annuitized your contract. Know how the return is calculated. There are spreads, caps or participation rates that limit how much of the return you receive. 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 0000020605 00000 n Your information is 100% confidential. You have the potential to earn interest credits that are based in part on the growth of the market index. 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. I would not expect anything more than this over a more extended period. Earnings on this annuity are indexed, and the plan includes an income and death benefit rider at no additional charge. 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. xmp.did:fe2dd2c1-6d72-4b39-9f40-056a0c5b4d4c In 2021, Athene Annuity & Life Company received an overall NAIC complaint index of 0.10, well below the 1.0 average. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Its a fictional number which you cant withdraw lump sum, transfer out, or live on the interest. hb```b``sa`c` @16%c]ILfu)#i*m-gyNg-s ti*+$ Jointly owned annuities are also considered survivorship products and will continue paying out as long as one spouse is still alive. With indexed crediting strategies, you receive interest credits that are linked in part to the performance of external market indices. In the 2021 Individual Annuity Study, Athene ranked seventh among twelve annuities carriers, according to factors such as customer satisfaction, products, pricing, and availability. Annuity Resources, LLC is a licensed fixed annuity producer in most states. 0000003070 00000 n 0000040565 00000 n You could receive 15% one year and 0% for 2 other years. ;F0T If diagnosed with a terminal illness and given a year or less to live, the terminal illness waiver allows annuitants to withdraw up to 100% of the annuitys accumulated value without penalty or fee. 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 more your annuity grows, the more those riders will cost you year over year. Your money is not directly exposed to the risks of the stock market or individual stocks. Our goal is to be brutally honest with you about what to expect. WebAthene Performance Elite Plus includes a Liquidity Rider for a charge. startxref Avenir Next LT Pro Athene is not one of our top-rated life insurance companies. Uncapped annuities outperform when stock markets are strong. You may also be subject to surrender fees for canceling your contract ahead of schedule. WebThe Athene Performance Elite Plus annuity includes a Liquidity Rider, for an annual charge, that gives you additional flexibility should the need arise. The Athene Performance Elite 10 Plus Find highest lifetime income payments and cover your retirement income gap today. The Athene Performance Elite 7 also pays a first-year premium bonus subject to a The minimum premium is $10,000, and plans offer either single or joint life benefits, which can begin immediately. Annuity Broker can help you compare the current market leading annuities, and make an informed choice based on your needs. Linotype AG Diversify your index annuity into a variety of indexes. Its NOT a real return. Athene is a relatively new company, founded in just 2009, which used to offer life insurance and annuities but now only sells the latter. Annuities can be fixed or variable in nature and can be owned by a single person or owned jointly with a spouse. Rate Details Effective Date: Oct 28th, 2022 Though Athene Annuity & Life Company used to sell life insurance policies, the company now only offers individual and group annuities. 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. 0000003984 00000 n 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. 0 Has an insurance agent sent you a proposal that seems too good to be true? Hypothetical illustrations are often the best-case scenario. Avenir Next LT Pro If you are considering the Performance Elite 10 Plus this might be the most important message you will read. 0 WebThe Athene Performance Elite Plus annuity includes a Liquidity Rider, for an annual charge, that gives you additional flexibility should the need arise. By submitting this form, you allow us to contact you and agree to our Privacy Policy. Is the pain of losing money greater than the pleasure of winning? Issues ages for the Elite 7 series are 0 through 83, Elite 10 series are 0 to 78, and Elite 15 series are 0 to 73. The following teams will be selected after the second tryout (April 24th), with player notification and roster posting on Monday April 25th. 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. All Rights reserved, Available in states: 0000029269 00000 n False 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. Your email address will not be published. 0 192067761 Another trusted third-party rating comes from J.D. Interest credits will never be less than 0%. 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. Athene offers a variety of annuity products, whether youre buying as an individual or purchasing through the workplace. 0 It also provides beneficiaries with two different payout options if you pass away. 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. Looking for more information about the Athene Performance Elite 15 Plus or other fixed indexed annuities? Systematic withdrawals available on a monthly, quarterly, semi-yearly, or yearly frequency. Ashburn Xtreme Tryout Dates Announced for 2022-23 Season. Well answer any questions you have and respect your time. Adobe InDesign CC 2017 (Macintosh) When your annuity matures (on the Annuity Date), Athene Performance Elite gives you options to receive guaranteed lifetime income (called annuitization). 10% Annual (Elite 7)Enhanced Liquidity up to 20% available in Plus version. You can earn market-like upside without the market downside. This is a partial truth. 0000012464 00000 n Athene sells fixed and lump-sum annuities in all 50 states, as well as Washington, D.C., and Puerto Rico. Premium bonuses range from 0% to 15%, depending on the plan you choose, with free withdrawals beginning as early as year one. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. 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. 0000053425 00000 n The Performance Elite 10 Plus annuity is a fixed indexed annuity. Access to 20% free withdrawal if no withdrawal taken prior year (included in .95% rider charge on Plus version). Speak With A FiduciaryAdvisor About This Annuity. A newer company, Athene was founded in 2009 in the wake of the financial crisis at that time. Just how much growth is available with the Athene Performance Elite Fixed Index Annuity? 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. Below is the Surrender Charge schedule for Athene Performance Elite 7 Fixed Indexed Annuity. 2.1 Do not invest money you might need to live on. AvenirNextLTPro-Regular Surrender charges may apply to withdrawals during the surrender period. . 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. jX$)6P\[_. For different people, there may be very different answers. ", AM Best. This shows that the company consistently performs better than expected. Accumulated Value with no surrender charges, (ii) the Minimum Guaranteed Contract Value or (iii) the Return of Premium Benefit (if applicable). Its important to note that once you choose to annuitize, the payment schedule and the amount is fixed and cant be altered. 0 2.1 4178673307 State variations may exist, refer to product disclosure for details. See product brochure, disclosure and riders for additional details, limitations and availability. 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. You can review our list of the best life insurance companies for what we think are better options. 0000018181 00000 n 0000023134 00000 n PDF/X-4 0000010262 00000 n Any interest earned is credited at the end of the crediting period. All players will tryout on Saturday April 23rd and Sunday April Tryouts will run over three days only. 0% 5% 10% 10% Strategy Charge (Not available on the Read our. Athene declares the guaranteed rate for this strategy each Contract Year. 0000013440 00000 n Power Finds.". So you want to do your homework! 0 Athene Performance Elite Plus also provides an enhanced Premium Bonus. 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 Annuities are not guaranteed by any bank or credit union and are not insured by the FDIC or any other federal government agency. Plans start with a minimum deposit of $10,000 and include a variety of riders, some of which are included at no additional charge. If no withdrawals are taken in a given year, up to 20% of the Accumulated Value is available for withdrawal in the next year. You should also request a proposal for the worst-case scenario. Index annuities are fixed annuities that deliver fixed income type of returns. The Premium Bonus Vesting Adjustment is a percentage of the annuitys Premium Bonus and any earnings on the Premium Bonus. WebThe Athene Performance Elite 10 is a single premium fixed-indexed annuity with a 10 year surrender charge period and a MVA provision. 0000089601 00000 n For NH: Two-year index strategies not available. %PDF-1.4 % You dont get something for nothing! 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. These options can be based on a set period of time, your lifetime, or the lifetimes of your and your Joint Annuitant. Subscribe to our newsletter and receive our top picks every month. 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. Learn more. This annuity comes with a Liquidity Rider, which enhances your flexibility with regards to withdrawals and collecting money when you may need it most. Withdrawal fees, if applicable, can be waived due to terminal illness or confinement. 4240935107 3896682134 0000016727 00000 n 0000015871 00000 n For MO: No Market Value Adjustment (MVA). 0000020303 00000 n 0000007338 00000 n Other reasons to consider an indexed annuity: Athene is one of the fastest growing sellers of indexed annuities in the United States. This annuity imposes an annual liquidity rider charge. While the Athene Performance Elite Fixed Index Annuity provides a lot of strong growth options, it does not bring much to the table when it comes to guaranteed income and long-term care benefits. An agent might confuse you by talking payout rates, withdrawal rates, or the income account value. Know the worst-and best-case scenarios because you are likely to earn something in the middle. Your interest credits are locked-in once credited, and cannot be lost due to market downturns. Depending on the annuity you choose, there are a few different rider options available, some of which are included at no extra charge. 0000013470 00000 n 0000015453 00000 n Sbu8Vp;{6aOWwnwitZ`7*,])xp;oM\.68(2vj(Q=_id{Z`RuH{s-G-eVY%}. OpenType - PS Linotype AG When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. %%EOF The annuity contract has a formula that decides how much of the gain of an index you receive. They allow companies to pay a higher rate and make longer-term investments. 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. For FL: Upfront Bonus reduced to 13.00% for issue ages 65-78. In 2020, Athene scored a 0.34, and in 2019, a 0.51. These include white papers, government data, original reporting, and interviews with industry experts. You are not directly participating in the market. 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. 3896682134 This means that for the most part, annuities are guaranteed issue and can be purchased by anyone who qualifies by being able to pay the initial premium.
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