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: 
  • 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
2.65% Fixed
1-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Annual
180% Participation
2-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Biennial
255% Participation
1-Year Nasdaq FC PTP Participation Rate
Point to Point
Annual
105% Participation
2-Year Nasdaq FC PTP Participation Rate
Point to Point
Biennial
165% 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 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
9.5% Cap
1-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Annual
130% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
7% Cap
1-Year S&P 500 DRC 8% TR PTP Participation Rate
Point to Point
Annual
50% Participation
2-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Biennial
180% Participation
2-Year S&P 500 DRC 8% TR PTP Participation Rate
Point to Point
Biennial
60% Participation
1-Year Nasdaq FC PTP Participation Rate
Point to Point
Annual
75% Participation
2-Year Nasdaq FC PTP Participation Rate
Point to Point
Biennial
115% 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
145% Participation

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
Carrier details
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