Fixed index annuity review and rates
Athene Performance Elite 10 Plus
The Athene Performance Elite 10 Plus is a single premium fixed-indexed annuity with a 10 year surrender charge period and a MVA provision. The Athene Performance Elite 10 Plus also pays a first year premium bonus of 10% (varies by age) subject to a 10 year vesting schedule.
The Liquidity Rider is automatically attached to and made part of your Athene Performance Elite 10 Plus annuity. In exchange for an Annual Rider Charge, this Rider provides you with the following benefits:
The Liquidity Rider is automatically attached to and made part of your Athene Performance Elite 10 Plus annuity. In exchange for an Annual Rider Charge, this Rider provides you with the following benefits:
- An Enhanced Free Withdrawal Amount
- A Return of Premium Benefit
- Enhanced Annuitization
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
|
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 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 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% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| Athene Annual Liquidity Rider Charge Rate 10 years | Yes | 0.95% annually (0.00% after 10 years) |
Athene Annuity and Life Company
Founded:
1909
A.M. Best:
A
Fitch:
A+
S&P:
A
Moody's:
A1
Brochure
Free withdrawal
10%
Premium bonus
16%
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