Why would you want to pay the fee, if you were given the choice? The initial premium you put in plus any bonus money 2. Your money is not directly exposed to the risks of the stock market or individual stocks. Minimum single premium is $25, 000. Plans start with a minimum deposit of $10,000 and include a variety of riders, some of which are included at no additional charge. 0000015453 00000 n 0000013851 00000 n #5vWU>s_u3K_Bc- Register on or before April 15th to get the early bird registration fee. For CA: Upfront Bonus reduced to 12.00%. 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. WebAthene Performance Elite 15 Fixed Indexed Annuity. 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 0 Here are some links if you would like to review them as well. Annuity OpenType - PS 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. xmp.did:F77F1174072068118083E0F9596F9B1F By submitting this form, you allow us to contact you and agree to our Privacy Policy. This financial strength rating gives consumers a good idea of the companys overall stability and projected strength. Ashburn Xtreme Tryout Dates Announced for 2022-23 Season. 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. 0000026484 00000 n Amount +/- will not exceed withdrawal charge. Stephanie is an expert on insurance and small business. Cancelling or surrendering an annuity is possible, but can be costly. / 0000008130 00000 n 0000021062 00000 n Avenir Next LT Pro 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. For NH: Two-year index strategies not available. License 6003435. 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. trailer In fact, this particular annuity is one of the stronger growth focusedannuities on the market. The Performance Elite 10 Plus competes with bank CDs, bonds, and other fixed-income products. All of that means that there are powerful growth options that can return market like upside performance without the market risk. 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. OpenType - PS Athene 2 The Index Individual and group annuities that help protect your assets in retirement. You also might be charged a market value adjustment on early withdrawals. For complete details on index account options, including current cap and participation rates, please contact AnnuityAdvantage at 1.800.239.0356. 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 Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. If you own the contract to maturity, they do not apply. NAIC. Your rate of return is calculated based on the accumulation value, not the income value. Athene Life Insurance Review 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. To receive the Confinement Waiver, you cannot be confined at the time your contract is issued and confinement must begin at least one year after the Contract Date. Annuity Resources, LLC is a licensed fixed annuity producer in most states. Check out the. 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. 0000013035 00000 n 0000017596 00000 n Complete the form below and get the answers you need within 24 hours. Uncapped annuities outperform when stock markets are strong. 0000018755 00000 n Surrender charges are a penalty charged to early withdrawals of annuity contract. Strategies are methods used to calculate how much interest, if any, will be credited to your annuity. . 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. Not available in: AK, CT, DE, ID, MN, NV, NJ, NY, OH, OK, OR, PA, SC, TX, UT and WA 1346 0 obj <> endobj xref They feature a variety of interest crediting strategies that are designed to grow your money and help protect you from market downturns. 0000007338 00000 n Access to 20% free withdrawal if no withdrawal taken prior year (included in .95% rider charge on Plus version). Today, the company boasts more than $236.7 billion in assets. Just how much growth is available with the Athene Performance Elite Fixed Index Annuity? 0000001036 00000 n Overall, those looking fora safe way to grow their moneyduring retirement will find it very difficult to beat the Athene Performance Elite Fixed Index Annuity. 4007712213 1.00 Performance Elite 417233541 Athene Performance Elite 10. 2017-06-05T10:47:28-05:00 0000005797 00000 n 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. You can review our list of the best life insurance companies for what we think are better options. 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. Some first year yields/rates reflect the fixed rate plus a premium bonus or interest rate enhancement. Required Minimum Distributions (RMDs) are IRS mandatory withdrawals required with qualified contracts (such as an IRA ). We also analyze each carriers third-party and consumer reviews, looking at their reliability, reputation, and seeking out certain trends that might exist. 0000001638 00000 n Free Withdrawals Rollover Free Return of Premium However, Athene takes additional premium payments during the first contract year. %PDF-1.4 % 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. You should also request a proposal for the worst-case scenario. Accumulated Value with no surrender charges, (ii) the Minimum Guaranteed Contract Value or (iii) the Return of Premium Benefit (if applicable). Please contact us to receive the latest brochure. Read our. I would like to receive future communications, I confirm that I am at least 16 years of age or older. 1346 47 There are spreads, caps or participation rates that limit how much of the return you receive. Be extremely careful with custom or proprietary indexes because you don't know the underlying holdings. The Performance Elite 10 Plus annuity is a fixed indexed annuity. The Upon the death of the annuitant, his or her beneficiaries are awarded with a death benefit that equals the greatest of their accumulated value, or the minimum guaranteed contract value, or the return of premium benefit. the Performance Elite is a growth focused annuity with no lifetime income rider options. Athene Life Insurance Review Strategy Charges: 1.75% Optional(Higher Participation Rates), Free Withdrawal: 5% Annual (Elite 10 & 15). 2 Because the index applies a volatility control mechanism, the range of both the positive and negative performance of the index is limited. No Lifetime Income Ridersthe Performance Elite is a growth focused annuity with no lifetime income rider options. Look for products with a short surrender period and no 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. Well answer any questions you have and respect your time. The Athene Performance Elite comes in two variations - one with a fee, and one without a fee. Performance Elite 10 Plus Reviewed | Annuity Resources The "S&P 500" is a product of S&P Dow Jones Indices LLC, a division of S&P Any interest earned is credited at the end of the crediting period. We have reviewed other products from Athene. Athene In the 2021 Individual Annuity Study, Athene ranked seventh among twelve annuities carriers, according to factors such as customer satisfaction, products, pricing, and availability. 0000002064 00000 n If you like bonds, bank CDs, and other safe investments, they might be right for you. If you are considering the Performance Elite 10 Plus this might be the most important message you will read. Its free money. Requiring a lump-sum, single premium payment up front, the Athene SPIA plan helps financially protect your future retirement from day one. PY^h.MO*Nw 0000099371 00000 n These fancy new indexes have not been tested in the real world. 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. 0000015368 00000 n from application/x-indesign to application/pdf 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. Its what you know for sure, that just isnt true. An agent might confuse you by talking payout rates, withdrawal rates, or the income account value. Over time, the returns will average out to be in the 2-4% range. We do business as Annuity Resources Insurance Services in CA. Athene Annuity & Life Companyis rated A by A.M. Best, was founded in 1896, and has over $76.2 billion in total assets. Cap rates) and extend the term. Youre also guaranteed to never earn less than 0% interest. We also reference original research from other reputable publishers where appropriate. 0000001647 00000 n When your annuity matures (on the Annuity Date), Athene Performance Elite gives you options to receive guaranteed lifetime income (called annuitization). WebThe products surrender schedule is below. Penalty Free Full Withdrawal Window Available After: 10 years. You may choose a combination of the following indexes. 0000024129 00000 n Find highest lifetime income payments and cover your retirement income gap today. 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. WebWeekly Team Schedule; Tryouts; Teams & League Programs. 0000012912 00000 n Annuity Review of the Athene Performance Elite Plus 10 The interest you earn is credited at the end of each Index Term Period. But, as mentioned previously, those with priorities rooted in guaranteed income or long-term care benefits may want to look elsewhere. I would not expect anything more than this over a more extended period. 0000021298 00000 n 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. 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. It will not be applied in the event of the death of the Annuitant or to any Free Withdrawal amount, including those elected under the Confinement or Terminal Illness Waivers, if applicable. 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 Performance Elite Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. AvenirNextLTPro-Medium 0000015918 00000 n You receive some of the upside, but none of the downside. 4240935107 You receive some of the upside and none of the downside. 0000004957 00000 n Returns are linked to a positive performance in an external index. Athene 0000048658 00000 n The more your annuity grows, the more those riders will cost you year over year. 0000013470 00000 n The annuity contract has a formula that decides how much of the gain of an index you receive. Know the worst-and best-case scenarios because you are likely to earn something in the middle. 0 0000038260 00000 n After annuitization, payments will be consistent with the settlement option selected made payable to your named beneficiary. A Market Value Adjustment applies to withdrawals in excess of the free withdrawal amount and full surrenders during the Withdrawal Charge period. We want you to have realistic expectations, so you wont be disappointed later. Today, Athene sells both individual and group annuities to consumers across the United States and U.S. territories. 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. In most states, the issue age is 0-73 years. proof:pdf Fee to register goes up at 12:00:01 AM on April 16th. 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. Power Finds.". Make your money work for the long term. 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. Dont be misled by an annuity salesman trying to earn a big commission. The Death Benefit will be paid as long as you havent annuitized your contract. MVAs only affect you if you withdraw funds early. Both Fidelity and Athene offer a variety of plans to choose from, though Athenes 12 annuities provide more options than Fidelitys six. 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 minimum premium is $10,000 with an accumulation period of at least 20 years or until the lifetime income withdrawals begin. Athene Performance Elite 0 0000001236 00000 n Power Finds. Looking for the highest guaranteed returns? 0000027283 00000 n Athene Performance Elite Plus annuities include a Liquidity Rider, for an annual charge, that gives you additional flexibility should the need arise. When you contact us you may speak with a licensed insurance agent in your state. ATHENE Performance Elite 0000089601 00000 n Available in all 50 states and Washington, D.C. 0000028258 00000 n A 10% IRS penalty may apply to withdrawals prior to age 59 . WebAshburn Xtreme 16U AA - AHF 16U - hockey team page with roster, stats, transactions at Eliteprospects.com Power. Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. Surrender Schedule: 7yrs/10yrs/15yrs Included Riders: Confinement Waiver of Withdrawal Charges (No Fee); Terminal Illness Waiver of Withdrawal Charges (No Fee) 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. OpenType - PS All players will tryout on Saturday April 23rd and Sunday April 24th in their designated birth year tryout. (as of 04/22/2022). 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. Another trusted third-party rating comes from J.D. He has held positions in, and has deep experience with, expense auditing, personal finance, real estate, as well as fact checking & editing. Elite Wellness Performance and Recovery | Ashburn VA WebThe Athene Performance Elite 10 is a single premium fixed-indexed annuity with a 10 year surrender charge period and a MVA provision. If interest rates have decreased by more than 0.25%, the MVA will be positive. Index annuities are for conservative investors who like safety. The limit can take the form of a Cap Rate, an Annual Spread, and/or a Participation Rate. Depending on the annuity you choose, there are a few different rider options available, some of which are included at no extra charge. 0000023134 00000 n Your email address will not be published. All Rights Reserved By Annuity Association. Additionally, you will find participation rates of at least 100% within the NASDAQ FC and AI-Powered US Equity indexes. 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). 0000001892 00000 n For MA: Confinement penalty waiver not available. Performance Elite 0000016727 00000 n xmp.did:fe2dd2c1-6d72-4b39-9f40-056a0c5b4d4c They want an efficient business model that provides a strong capital base for their policyowners. 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. Athene Performance Elite Annuities Include: Athene Performance Elite Athene Performance Elite Plus Premium Bonus 0000020605 00000 n 0000044057 00000 n 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. This index is a score demonstrating how many consumer complaints the company received compared to the average expected number for the companys size and market share. 0000006914 00000 n AvenirNextLTPro-MediumCn Information presented on this website is not intended as tax or legal advice. Athene annuities provide annual free withdrawal privileges. Xtreme Tryout Dates for 2022-23 Ashburn XTREME Hockey Club 0000011945 00000 n Its NOT a real return. Each year, the National Association of Insurance Commissioners (NAIC) issues carriers a complaint index. 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. uuid:f261802f-0b4d-744a-9ba8-cd3dc530cc25 Required fields are marked *. 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. You can get your questions answered by booking a brief call with one of our team members. These withdrawals from your annuity contract are considered part of your free withdrawal, free of Withdrawal Charges, MVA, or Premium Bonus Vesting Adjustment for the Contract Year. The minimum premium is $10,000, and plans offer either single or joint life benefits, which can begin immediately. Linotype AG 0000101474 00000 n Accumulated Value with no surrender charges, (ii) the Minimum Guaranteed Contract Value or (iii) the Return of Premium Benefit (if applicable). 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. Earn a 10-15% Bonus. The complaint index is adjusted for each company, with the average being 1.0. Product Guide Rates effective June 12, 2017 Confinement Waiver of Withdrawal Charges (No Fee); Terminal Illness Waiver of Withdrawal Charges (No Fee). The products surrender schedule is below. (175% versus 150% with Allianz) this can make a very big difference when calculating the lifetime income. They dont have the upside or downside of the market. They also extend the term. Get independent advice. Capped annuities are more likely to outperform uncapped products when the stock market is weaker. Adobe InDesign CC 2017 (Macintosh) xref 3896682134 0000012464 00000 n Do not trust anyone that tells you otherwise. 0000101199 00000 n 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. In New York, contracts are issued by Athene Annuity & Life Assurance Company of New York. 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. The fixed crediting strategy provides a guaranteed rate of interest that is used to calculate and credit interest to your annuity daily. Elite Wellness is a Performance and Recovery center in Ashburn, Its also a good idea to lock in the indexes at different times. Calculators; Income Annuity Quote; Annuity Rates; Annuity Companies; Financial Ratings; Licenses; Terms; 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. Athene Performance Elite 15 annuity allows up to 5% beginning in the second Contract Year. 0 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. Annuity information on this site may not be current or applicable in your state. You also might be charged a market value adjustment on early withdrawals. Adobe InDesign CC 2017 (Macintosh) 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. 2.1 They are for investors who like safety and security. 0000007931 00000 n These options can be based on a set period of time, your lifetime, or the lifetimes of your and your Joint Annuitant. 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. "Athene Ann & Life Co National Complaint Index Report. You are not directly participating in the market. Earn a guaranteed 7-9% returns. False. The Athene Performance Elite annuities include a Premium Bonus that is credited at issue and provides an immediate increase to your annuitys Accumulated Value. Ashburn Xtreme Tryout Dates Announced for 2022-23 Season. 192067761 AvenirNextLTPro-Regular BY JEREMIAH KONGER, September 10th, 202011:00 AM, IncludedRiders:Confinement Waiver of Withdrawal Charges (No Fee);Terminal Illness Waiver of Withdrawal Charges (No Fee). Performance Elite 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. "Annuity Providers Become Key Drivers of Satisfaction as Customers Adopt Digital Channels, J.D. No Withdrawal Charges, Premium Schedule a Call; Quick links. 1 0 obj <>]/Pages 3 0 R/Type/Catalog/ViewerPreferences<>>> endobj 2 0 obj <>stream The Athene Performance Elite 10 Plus 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. By using our site, you consent to these cookies. It also provides beneficiaries with two different payout options if you pass away. The following teams will be selected after the second tryout (April 24th), with player notification and roster posting on Monday April 25th. Athene Performance Elite annuities allow you to allocate your money among one or more of the available interest crediting strategies. OpenType - PS Fidelity also offers a deferred annuity product with a minimum investment of just $5,000, but Athenes lowest option is $10,000. This would be 2-4% in todays market. Contract Charge PE10 PE10 Plus NA 0.85% ATHENE Performance Elite 10 Fixed Index Annuity Annuities issued by Athene Annuity & Life Assurance Company, Wilmington, DE 0 A high rating means a high probability that the company will remain solvent and able to pay out on its contracts as agreed. The fees are taken out of your account value. For different people, there may be very different answers. The payment amount will be based on your annuitys Cash Surrender Value and the annuitization option you choose. Linotype AG Subscribe to our newsletter and receive our top picks every month. You dont get something for nothing! Athene Performance Elite Plus 10 also provides an enhanced Premium Bonus, which will give an immediate increase to your annuitys Accumulated Value.
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athene performance elite surrender schedule