Fixed index annuity review and rates

Athene Performance Elite 7 Plus

The Athene Performance Elite 7 Plus is a single premium fixed-indexed annuity with a 7-year surrender charge period and an MVA provision. The Athene Performance Elite 7 also pays a first-year premium bonus subject to a 7-year vesting schedule.
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% Fixed
2-Year S&P 500 DRC 8% TR PTP Participation Rate
Point to Point
Biennial
70% Participation
2-Year AI Powered US Equity PTP Participation Rate
Point to Point
Biennial
185% Participation
2-Year Nasdaq FC PTP Participation Rate
Point to Point
Biennial
145% Participation
2-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Biennial
230% Participation
1-Year S&P 500 DRC 8% TR PTP Participation Rate
Point to Point
Annual
65% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.75% Cap
1-Year AI Powered US Equity PTP Participation Rate
Point to Point
Annual
140% Participation
1-Year Nasdaq FC PTP Participation Rate
Point to Point
Annual
95% Participation
1-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Annual
165% Participation
1-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Annual
215% Participation
2-Year BNP Paribas Multi-Asset PTP Participation Rate
Point to Point
Biennial
300% 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
190% Participation
1-Year AI Powered US Equity PTP Participation Rate
Point to Point
Annual
180% Participation
2-Year AI Powered US Equity PTP Participation Rate
Point to Point
Biennial
245% Participation
1-Year S&P 500 DRC 8% TR PTP Participation Rate
Point to Point
Annual
87% 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

Surrender schedule

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

Riders

Name Inbuilt Fee
Athene Annual Liquidity Rider Charge Rate 7 years Yes 0.95% annually (0.00% after 7 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
6%
Surrender schedule
7 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