Athene Ascent Pro 10: Rates & Review

Highlights

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

Type	Fixed Index
Purpose	Lifetime Income
Term	10 Years
Surrender schedule	9%9%8%7%6%5%4%3%2%1%
Free withdrawal	10%
Market value adjustment
Return of premium
Launch date	04/11/2016
Minimum contribution	$10,000
Maximum contribution	$2,000,000
Max Age Qualified	80
Types of funds	Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, KEOGH, and IRA-Roth
Brochure	Open brochure

Find out if the Athene Ascent Pro 10 is the right product for you.

Take Questionnaire

Withdrawal Provisions

Free Withdrawals
Beginning in the first Contract Year, you can withdraw up to 10% of your annuity’s Accumulated Value each Contract Year without a Withdrawal Charge or MVA. Required Minimum Distributions (RMDs) are considered part of your Free Withdrawal, free of a Withdrawal Charge and MVA, for the Contract Year.

Market Value Adjustment
A Market Value Adjustment applies to withdrawals in excess of the free withdrawal amount and full surrenders during the withdrawal charge period. If you take a withdrawal before the end of your withdrawal charge period, an MVA will be applied to that withdrawal. The MVA may increase or decrease the amount of the Withdrawal or Cash Surrender Value of your Contract depending on the change in interest rates. If interest rates have increased, stayed the same, or decreased by less than 0.25%, the MVA will be negative. If interest rates have decreased by more than 0.25%, the MVA will be positive.

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	3.8% Fixed
1-Year Fixed Account (CA Only)	Fixed	3% Fixed
1-Year Nasdaq FC PTP Participation Rate	Point to Point Annual	105% Participation
2-Year Nasdaq FC PTP Participation Rate	Point to Point Biennial	160% Participation
1-Year BNP Paribas Multi Asset Diversified 5 PTP Participation Rate	Point to Point Annual	180% Participation
2-Year BNP Paribas Multi Asset Diversified 5 PTP Participation Rate	Point to Point Biennial	245% Participation
1-Year AI Powered US Equity PTP Participation Rate	Point to Point Annual	145% Participation
2-Year AI Powered US Equity PTP Participation Rate	Point to Point Biennial	190% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	8% Cap
2-Year S&P 500 FC PTP Participation Rate	Point to Point Biennial	110% Participation
1-Year S&P 500 FC PTP Participation Rate	Point to Point Annual	80% Participation
2-Year UBS Innovative Balanced PTP Participation Rate	Point to Point Biennial	160% Participation
1-Year UBS Innovative Balanced PTP Participation Rate	Point to Point Annual	120% Participation
2-Year AI Powered Global Opportunities PTP Participation Rate	Point to Point Biennial	160% Participation
1-Year AI Powered Global Opportunities PTP Participation Rate	Point to Point Annual	120% Participation

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

Waivers

Bail-Out

If Athene lowers the declared 1-Year Point-to-Point Index Strategy Annual Cap Rate below the Bailout Cap Rate, you’ll have full access to your annuity’s Accumulated Value — free of any charges for up to 30 days after the Contract Anniversary in which the Bailout Cap Rate was pierced. After the 30-day Bailout Window, all charges may apply.

Terminal Illness

Unavailable in states: CA

You can withdraw up to 100% of your annuity’s Accumulated Value if the Annuitant is diagnosed with a Terminal Illness that is expected to result in death within one-year and you meet the eligibility requirements. This waiver is available after your first Contract Anniversary. You may not be diagnosed during the first Contract Year. Additional limitations, state variations and exclusions may apply. Please see the Certificate of Disclosure for more information.

Confinement

Unavailable in states: CA, and MA

After the first Contract Year, you can withdraw up to 100% of your annuity’s Accumulated Value if the Annuitant is confined to a Qualified Care facility for at least 60 consecutive days and meets the eligibility requirements. Confinement must begin after the first contract year. Additional limitations, state variations and exclusions may apply. Please see the Certificate of Disclosure for more information.

Ready to Protect Your Financial Future?

Request a free quote or talk to our financial expert to get help

Take Questionnaire Ask an Expert

Fixed

Income

Investment

Learn the basics

Reviews