Insurance products may not be available in all states. All guarantees are backed by the claims-paying ability of the issuing carrier and may be subject to annual charges. North American Annuity Review - Forbes Advisor As l was buying my annuity rates were going up so I cancelled 2 annuities Kiara had already completed and submitted applications for and bought a third annuity at a higher rate. I highly recommend them. On the 10th contract anniversary, you may elect to extend Income Base growth up to the 18th contract anniversary. Insurance companies may change their products terms and information at any time and without notice. This material should not be interpreted as a recommendation by Athene Annuity and Life Company, Athene Annuity & Life Assurance Company, Athene Annuity & Life Assurance Company of New York, or Athene Securities, LLC. Annuity rates are determined by insurance companies. For more information, please see the Key Terms and contact your insurance professional to see the Additional Information insert. Athene's financial ratings are strong. Any discussion of this product must be preceded or accompanied by a Prospectus. Annuity contracts and group annuity contracts are issued by Athene Annuity and Life Company (61689), West Des Moines, IA, and Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware, in all states (except New York), and in D.C. and PR. Reviews are posted at the request of readers so they could see an independent perspective when breaking down the positives and negatives of specific annuity contracts. An optional Legacy Rider also provides guaranteed growth to the Death Benefit Rider Benefit Base. The Shiller Barclays CAPE Allocator 6 Index is a rules-based equity index. I understand that I must complete a new form and submit to Athene Annuity & Life Assurance Company of, if any RMD should be processed from this annuity. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Products. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. Creating lifetime income for a secure retirement. Products not available in all states. RILAs are a hybrid annuity and fall between a variable annuity and a fixed index annuity in terms of both risk and opportunity. Social Security Toolkit - Athene Payment obligations and guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. A rules-based approach removes emotions, decisions and the need to time the market. MAY ONLY BE OFFERED BY A LICENSED INSURANCE AGENT. Withdrawals and the surrender of the Contract may be subject to federal and state income tax and, except under certain circumstances, will be subject to an additional tax if taken prior to age 59. NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT AGENCY NOT A DEPOSIT OR OTHER OBLIGATION OF, OR GUARANTEED BY, THE BANK OR ANY BANK AFFILIATE SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS OF THE PRINCIPAL AMOUNT INVESTED. Insurance products may not be available in all states. It is one of the industry's fastest-growing writers of fixed indexed annuities. Excellent customer service! All rates are set at contract issue and guaranteed for the first two-year term. Athene Annuity & Life Assurance Company - Company Profile - Best's Today's Best Fixed Annuity Rates for July 2023 - Annuity.org Athene is driven to deliver innovative fixed and fixed indexed annuities that help you win your market. Please reach out to your financial professional if you have any questions about insurance products and their features. Registered Index-Linked Annuities, or RILAs, such as the Athene Amplify Annuity, have the potential to lose some value due to poor market performance. Support. 10% Free Withdrawals Annually including the first contract year. When this happens, your buffer protection will automatically reset based on current index value, providing an additional level of protection on those gains. Creating lifetime income for a secure retirement. For a full explanation of an annuity, please refer to the Certificate of Disclosure or Prospectus (as applicable) and contact your financial professional or the company for costs and complete details. Each Buffer Segment Option will also have a Reference Index, a Cap Rate, a Participation Rate, a Buffer Rate, and may be subject to a Segment Fee. Annuity rates change frequently and with extraordinarily little notice. For example, if . Contact Us Contact Us Service Forms FAQs Glossary. Athene Annuity & Life Assurance Company BestLink AMB #: 006175 NAIC #: 61492 FEIN #: 440188050 Administrative Office 7700 Mills Civic Parkway West Des Moines, Iowa 50266 United States Web: www.athene.com Phone: 888-266-8489 Fax: 877-411-3020 View Additional Address Information AM Best Rating Unit: AMB #: 053043 - Athene Holding Ltd. Your results will vary due to the future national average wage growth, inflation, your specific situation, or your earnings history, if different from our assumptions. Additional limitations, variations and exclusions may apply. Nothing on this website is a recommendation to buy or sell an annuity. Best Fixed Annuity Rates | July 8, 2023 | Up to 5.65% Here are 5 tips to help make it easier. It's a great time for you to join one of the leading retirement services companies. Product features, limitations and availability vary; see the Certificate of Disclosure for details. Description Athene is one of the fastest growing sellers of indexed annuities in the United States. There are two rates of return for your annuity. 1 Annual Strategy Charges and other optional rider charges will reduce the Accumulation Value. They went over and above expectations. If you have been thinking about buying an annuity so that you can lock in tax-deferred growth with your savings, as well as a guaranteed lifetime income in the future, then the Fixed-Indexed Athene Agility 10 annuity may be a viable option for you. PDF ATHENE MaxRate Multi-Year Guarantee Annuity (MYG) - iPipeline In general, the longer you wait to take income, the greater the initial Lifetime Income Withdrawal Percentage will be. This material is a general description intended for general public use. Would give 6 stars if possible for the professional service I received from Kiara.She went above and beyond my expectations. All transactions are subject to meeting a reinsurers underwriting requirements. About Athene Our Products Annuities 101 Fixed Indexed Annuities (FIAs) Registered Index-Linked Annuities (RILAs) Fixed Annuities Immediate Annuities Our Products Protecting savings in turbulent times. Please see the Certificate of Disclosure for more information. Athene Annuity & Life Insurance Co. Ratings & Review 2023 Initial Segment Term Bailout ProvisionIf the declared Cap Rate, Participation Rate, or Annual Interest Rate for an elected Segment Option at the initial Segment Start Date is lower than the Bailout Rate specified in your Contract, you may cancel the Contract within 60 days after the Contract Date and receive your Purchase Payment less any Withdrawals. Athene estimates benefits based on Social Security program rules and published data as of February, 2021. However, unlike a variable annuity, the amount you can lose is either capped at a certain percent, or there is a buffer that protects you from loss up to a certain percent. Annuities are distributed by My Annuity Store, Inc. Required Minimum Distributions BCA 2.0 waives Withdrawal Charges, MVA and Premium Bonus Vesting Adjustments, if applicable, if you need to take Required Minimum Distributions after turning age 73. She makes sound and knowledgeable investments. Standard & Poors and S&P are registered trademarks of Standard & Poors Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Athene Annuity and Life Company. The Lifetime Income Withdrawal Percentage depends on the income option elected and is determined by the Age Lifetime Income Withdrawals begin. Segment fee is reflected in report results. The average equity-indexed annuity rate of return varies based on the stock market's performance, your participation rate and your cap. Not all reinsurance products or structures offered are available in all jurisdictions. But, before you go running to your nearest insurance agent and apply for the Athene Ascent annuity and its optional income rider, it can be helpful to have a good understanding of just exactly how this income rider works. By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. This can ensure that you wont have any unpleasant surprises particularly down the road, when it may be much too late or too expensive to make any necessary changes to your annuity contract. Withdrawals in excess of the free amount are subject to a Withdrawal Charge and MVA which may result in the loss of principal. Annuities contain features, exclusions, limitations and availability that may vary by state and/or sales distributor. Annuities are subject to the terms and conditions of the specific contract issued by the insurance company. Dashboard - Athene Athene Annuity NY expects all producers to follow annuity sales suitability practices. This income base will accumulate, based on the income rider that you select. If you have questions about an Athene annuity contract, you can call one of the following customer service numbers (depending on the type of annuity you own): Fixed Annuity Contracts Issued by Aviva Life and Annuity Company or Athene Annuity and Life Company. Benefits may change based on claiming age, income and marital status. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Products or the suitability of the Index for the purpose to which it is being put by Athene Annuity and Life Company. Qualified Longevity Annuity Contract (QLAC). There is a Long Term Care and Terminal Illness waiver built into the contract making your account liquid should the unfortunate happen. All transactions are subject to meeting a reinsurers underwriting requirements. For current Participation Rates, please contact your insurance professional to see the rate sheet. Shiller Barclays CAPE US Mid-Month Sector TR Net Index The Shiller Barclays CAPE US Mid-Month Sector TR Net Index (the Index) has been developed in part by RSBB-I, LLC, the research principal of which is Robert J. Shiller. Performance Blend: Performance Blend is a weighted average return of three different indices (SPX, RTY, MXEA) where at the Segment End Date, 50% of the index change used to determine Segment Credits is based on the return of the best performing Index, 30% is based on the return of the second-best performing Index and 20% is based on the return of the lowest performing Index. Barclays only relationship with the Issuer in respect of the Index is the licensing of the Index, which is administered, compiled and published by BB PLC in its role as the index sponsor (the Index Sponsor) without regard to the Issuer or the Products or purchasers of the Products. We guarantee to make the income payments to you for the period you select. The company offers a variety of annuity products, including fixed annuities, variable annuities, and income annuities. This material is a general description intended for general public use. Athene Annuity and Life Companys products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500. Other restrictions and limitations may apply. Reinsurance contracts are entered into with Athene Annuity and Life Company (61689), West Des Moines, IA; Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware; Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY; and Athene Life Re Ltd., Hamilton, Bermuda. While the product was not available for the historical time periods, the index components were. Reinsurers may not be licensed in all states. The SILAC Denali 14 is a fixed index annuity with a 14 year contract term, uncapped crediting strategies and a built-in lifetime withdrawal benefit with no fees or. The Payroll Deductions Calculator can show you how little saving for tomorrow may impact your paycheck today: payroll.connectwithpru.com See if you're on track to live the future you want. BCA 2.0 also helps you: A fixed indexed annuity is a contract issued by an insurance company. 4 Optional, for a charge. Your potential market Loss is Limited by a Floor Rate defined in your Contract. Lifetime Income Withdrawals will continue even if they ultimately reduce the Accumulation Value to zero. The MVA does not apply to Free Withdrawals, RMDs or payments made under the Confinement and Terminal Illness waivers. Insurance products may not be available in all states. This adjustment is in addition to any Withdrawal Charge amount. Annuities 101 | Athene If youd like to dig deeper into the inner workings of indexed annuities at a later time youd likely find our Ultimate Guide to Fixed Index Annuitiesto be a useful read. This tool assumes that the individual(s) meet the eligibility criteria for receiving Social Security benefits, are not working while receiving Social Security benefits, have sufficient cash flow from personal savings, and do not have another benefit dependent on Social Security, such as a pension plan offset. ATHENE MaxRate Annuity Contracts (beginning with NY1) 888-266-8489. sublicensed for certain purposes by Athene Annuity. Withdrawal Charges will be waived if you qualify for this benefit during the Withdrawal Charge Period. or Tax I.D. Additional limitations, variations, and exclusions may apply. FTSE Russell is a trading name of certain of the LSE Group companies. What may have cost $100 today could easily cost $200 in 10 or 20 years. Protecting savings in turbulent times. 6 Lump Sum Payout is equal to the average of the base contract Death Benefit and the Benefit Base. An Athene Financial Professional can help find the product thats right for you. Before purchasing any investment product be sure to do your own due diligence and consult a properly licensed professional should you have specific questions as they relate to your individual circumstances. Secure Retirement Institutes 2020 Q2 U.S. Annuity Sales Report. A variable annuity invests your money in certain types funds, a fixed annuity grows via a set interest rate and an indexed annuity earns returns based on the performance of an associated index. Athene Accumulator fixed indexed annuities offer a variety of index crediting strategies and exclusive indices that deliver strong growth potential. Fixed annuities provide guaranteed annuity rates for a specified period of time and are often referred to as a " CD Type Annuity " because of their similarities to a Certificate of Deposit. Form N1000-NY is the company's required suitability form. PDF Understand Your Retirement Benefits - Athene Athene Holding Ltd. - Annuity Products Offered & Contact Info Athene Annuity & Life Company is a leading provider of products in the retirement savings market. This material should not be interpreted as a recommendation by Athene Annuity and Life Company, Athene Annuity & Life Assurance Company, Athene Annuity & Life Assurance Company of New York, or Athene Securities, LLC. In MA, the Confinement Waiver is not available. Also, the bonus isn't fully vested until the last year. Annuity contracts and group annuity contracts are issued by Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY, in New York state. Market indices may not include dividends paid on the underlying stocks, and therefore may not reflect the total return of the underlying stocks; neither an index nor any market-indexed annuity is comparable to a direct investment in the equity markets. The Products are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the LSE Group). Reinsurance contracts are entered into with Athene Annuity and Life Company (61689), West Des Moines, IA; Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware; Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY; and Athene Life Re Ltd., Hamilton, Bermuda. Segment Credit: The amount credited to each Segment Option according to the terms of the Segment Option and Crediting Method. BCA 2.0 offers a unique growth opportunity for your retirement savings. Athene Accumulator 5 Rate and Product Guide, Athene Accumulator 7 Rate and Product Guide, Athene Accumulator 10 Rate and Product Guide. Barclays shall not be liable in any way to the Issuer, purchasers of the Products or to other third parties in respect of the use or accuracy of the Index or any data included therein. Athene Athene Max Rate 5 | Earn 5.20% - Annuity Resources She has a wonderful personality and most importantly has my best interests in mind. Athene USA | Complaints | Better Business Bureau Profile Payment obligations and guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. 2 Withdrawals and surrender may be subject to federal and state income tax and, except under certain circumstances, will be subject to an IRS penalty if taken prior to age 59. The rider may be canceled at any time. Over the last 18 years, the RPM Index would have harnessed positive momentum to produce a 5.36% compound annual return and provide the opportunity for steady growth in a variety of market conditions, as demonstrated by the relatively consistent movement of the blue line below. Dashboard Associates. Withdrawals in excess of the Free Withdrawal amount will not receive gains to-date and will be subject to any applicable Withdrawal Charges, Premium Bonus Vesting Adjustments and Market Value Adjustments (MVAs). ONLY this current tax year. She was always able to answer my questions and provided clear direction on every step of the process. Use the calculator below to see how various assumptions could affect different situations. After the Withdrawal Charge Period, the Death benefit is the Interim Value on the date of death. The Segment Fee is set at issue and guaranteed not to change for the life of the Contract. The Death Benefit will be the greater of the contracts Cash Surrender Value or the Balanced Allocation Value. The Equity Adjustment appliesto Index-Linked Segment Options throughout the life of the Contract and is equal to zero on any Segment End Date. BCA 2.0 helps take your retirement savings to a new level and protects your money from downside market risk. Losses in excess of the Buffer Rate will reduce your Segment Value. 8:00 a.m. - 5:00 p.m. CT, Monday - Friday, Income you can count on so you can retire with confidence. Please see Certificate of Disclosure for more information. Fixed annuity inputs: Starting Balance:* $0 $10k $100k $1m Annual contribution:* $0 $1k $10k $100k Current age:* 15 40 65 90 Withdrawal age:* 10 36 63 90 Current tax rate:* 0 16 While the annuity industry was down as a whole thru the first half of this year registered index-linked annuities were up 8% over the same period in 2019. Athene USA 7700 Mills Civic Parkway West Des Moines, IA 50266. Buffer Rate: A level of protection from potential market loss up to a Buffer Rate. 2023 Athene. The Index applies well-established principles for asset selection and allocation with a goal of providing positive long-term returns. NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT AGENCY NOT A DEPOSIT OR OTHER OBLIGATION OF, OR GUARANTEED BY, THE BANK OR ANY BANK AFFILIATE SUBJECT TO INVESTMENT RISKS, INCLUDING POSSIBLE LOSS OF THE PRINCIPAL AMOUNT INVESTED. Athene Annuity | Accumulator 5 Annuity - The Annuity Expert NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. Myathene Login - Athene | Retirement Services Please reach out to your insurance professional if you have any questions about Athene products or their features. May not be available in all states or with all products. A fixed index annuity at a very basic level is a type offixed annuitythat guarantees you wont lose money due to a potential market downturn but provides an opportunity to earn more than when the markets perform. The information presented here is not a representation of the suitability of any concept or product(s) for an individual and is not tax or legal advice. June 30, 2023 Retirement What is the Social Security Disability 5 Year Rule? All rights reserved. There is a risk of substantial loss of principal and related earnings depending on the Segment Option(s) to which you allocate your Purchase Payment. If the Owner is a non-natural entity, then the Confinement and Terminal Illness Waivers will be triggered based on the Annuitant. Become a Game Changer and help more people make their next life their best life. About Athene Our Products Annuities 101 Fixed Indexed Annuities (FIAs) Registered Index-Linked Annuities (RILAs) Fixed Annuities Immediate Annuities Our Products Protecting savings in turbulent times. How to solve for long-term care expenses with an annuity, How to use annuities for charitable giving, A shield from required minimum distributions, Continuation of income for your spouse when you pass away. You pay for the annuity through a lump sum or multiple payments, and the company uses a strategy to grow your assets. The Minimum Interest Credit is based upon a percentage of your Initial Premium and Premium Bonus, if applicable, less withdrawals and charges. The BAV is not available upon Surrender or at the Annuity Date, nor is it the basis for the Free Withdrawal amount. This is a hypothetical calculator. MAY LOSE VALUE. 888-266-8489. So while your returns are dependent on how your chosen index performs, it isn't literally invested in the market like a normal investment would be. Athene USA 7700 Mills Civic Parkway West Des Moines, IA 50266. Thu 19 May, 2022 - 5:16 PM ET. Best Annuity Companies To Help With Inflation It's no secret that the cost of living increases over time. 2. All transactions are subject to meeting a reinsurers underwriting requirements. NOT A DEPOSIT. The Minimum Interest Credit is not available if the Balanced Allocation Lifetime Income Rider (BALIR) is attached to the Contract. Still havent received a dime and its June 2023.They are holding back 20% of my payout "for federal withholding . Guarantees: Receive a guaranteed Accumulated Value at the end of your Withdrawal Charge period with our Minimum Interest Credit feature. We also use content and scripts from third parties that may use tracking technologies. The prospectus/contract contains a more detailed description of the limited relationship MSCI has with Athene Annuity and Life Company and any related products. Interest rates and values shown in the calculator are not guaranteed. Withdrawal Charges will be waived if you qualify for this benefit during the Withdrawal Charge Period. Athene BCA 2.0 ANN19 (01/19), ANN19CS06 (01/19), ANN19CS08 (01/19), ANN19CS10 (01/19), ANN19CS12 (01/19) or state variation, Family Endowment Rider PBEDB (01/19), PBEDBRS (01/19) or state variation, Balanced Allocation Lifetime Income Rider ANNIRS (01/19), ANNIRSRS (01/19), ANNIRF (01/19), ANNIRFRS (01/19) or state variation are issued by Athene Annuity and Life Company, West Des Moines, IA. Free Withdrawals The Free Withdrawal amount is 5% of the Accumulation Value in the first year and 10% of the Accumulation Value for all remaining years. The information available on or through myannuitystore.com is intended only to be a comparison tool, and you should only consider it to be a supplement to the full information provided by the issuing insurance company, or your financial adviser, if applicable. Index Earnings Strategy (IES) The IES uses a Participation Rate in the calculation of Interest Earnings.