Fixed index annuity review and rates

Athene Performance Elite 10

The Athene Performance Elite 10 is a single premium fixed-indexed annuity with a 10 year surrender charge period and a MVA provision. 
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
3.8% Fixed
1-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Annual
175% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
9% Cap
1-Year S&P 500 DRC 8% TR PTP Participation Rate
Point to Point
Annual
60% Participation
2-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Biennial
250% Participation
2-Year S&P 500 DRC 8% TR PTP Participation Rate
Point to Point
Biennial
65% Participation
1-Year Nasdaq FC PTP Participation Rate
Point to Point
Annual
95% Participation
2-Year Nasdaq FC PTP Participation Rate
Point to Point
Biennial
155% Participation
1-Year AI Powered US Equity PTP Participation Rate
Point to Point
Annual
150% Participation
2-Year AI Powered US Equity PTP Participation Rate
Point to Point
Biennial
205% Participation
1-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Annual
225% Participation
2-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Biennial
325% Participation
1-Year Nasdaq FC PTP Participation Rate
Point to Point
Annual
125% Participation
2-Year Nasdaq FC PTP Participation Rate
Point to Point
Biennial
205% Participation
1-Year AI Powered US Equity PTP Participation Rate
Point to Point
Annual
190% Participation
2-Year AI Powered US Equity PTP Participation Rate
Point to Point
Biennial
265% Participation
1-Year S&P 500 DRC 8% TR PTP Participation Rate
Point to Point
Annual
85% Participation
2-Year S&P 500 DRC 8% TR PTP Participation Rate
Point to Point
Biennial
115% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
11.5% Cap
1-Year Fixed Account (CA Only)
Fixed
3% Fixed

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 12% 12% 12% 11% 10% 9% 8% 7% 6% 4%
Athene Annuity and Life Company
Founded: 1909
A.M. Best: A
Fitch: A+
S&P: A
Moody's: A1
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 5%
Premium bonus
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, IRA-Roth, and Inherited IRA