Fixed index annuity review and rates

Athene Ascent Pro 10

Athene Ascent Pro annuities are designed to meet your long-term savings and retirement needs. They include a Withdrawal Charge period. 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 and Market Value Adjustment will be applied. These charges do not apply to Free Withdrawals, RMDs, payments made in settlement of your annuity’s Death Benefit, or to Confinement and Terminal Illness waivers. 
Available in states: 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

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
2.65% Fixed
1-Year Nasdaq FC PTP Participation Rate
Point to Point
Annual
77% Participation
2-Year Nasdaq FC PTP Participation Rate
Point to Point
Biennial
120% Participation
1-Year BNP Paribas Multi Asset Diversified 5 PTP Participation Rate
Point to Point
Annual
135% Participation
2-Year BNP Paribas Multi Asset Diversified 5 PTP Participation Rate
Point to Point
Biennial
185% Participation
1-Year AI Powered US Equity PTP Participation Rate
Point to Point
Annual
110% Participation
2-Year AI Powered US Equity PTP Participation Rate
Point to Point
Biennial
150% Participation
1-Year S&P 500 DRC 5% TR PTP Participation Rate
Point to Point
Annual
70% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
6% Cap

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 9% 9% 8% 7% 6% 5% 4% 3% 2% 1%

Riders

Name Inbuilt Fee
Ascent Pro 10 Income Rider - Option 1 with Level Income Yes 1.00% annually
Ascent Pro 10 Income Rider - Option 1 with Inflation Adjusted Income Yes 1.00% annually
Ascent Pro 10 Income Rider - Option 1 with Earning-Indexed Income Yes 1.00% annually
Ascent Pro 10 Income Rider - Option 2 with Level Income Yes 1.00% annually
Ascent Pro 10 Income Rider - Option 2 with Earning-Indexed Income Yes 1.00% annually
Ascent Pro 10 Income Rider - Option 2 with Inflation Adjusted Income Yes 1.00% annually
Athene Annuity and Life Company
Founded: 1909
A.M. Best: A
Fitch: A+
S&P: A
Moody's: A1
Carrier details
Free withdrawal
10%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$10,000
Types of funds
Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, KEOGH, and IRA-Roth