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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.30%
7-Year
6.00%
10-Year
5.80%

Athene Ascent Pro 7

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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
7 Years
Surrender schedule
8%8%7%6%5%4%3%
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 7 is the right product for you.

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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
3.7% Fixed
1-Year Nasdaq FC PTP Participation Rate
Point to Point
Annual
100% Participation
2-Year Nasdaq FC PTP Participation Rate
Point to Point
Biennial
150% Participation
1-Year BNP Paribas Multi Asset Diversified 5 PTP Participation Rate
Point to Point
Annual
170% Participation
2-Year BNP Paribas Multi Asset Diversified 5 PTP Participation Rate
Point to Point
Biennial
230% Participation
1-Year AI Powered US Equity PTP Participation Rate
Point to Point
Annual
135% Participation
2-Year AI Powered US Equity PTP Participation Rate
Point to Point
Biennial
180% Participation
1-Year S&P 500 DRC 5% TR PTP Participation Rate
Point to Point
Annual
65% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
7.5% Cap
1-Year Fixed Account (CA Only)
Fixed
3% Fixed
1-Year AI Powered Global Opportunities PTP Participation Rate
Point to Point
Annual
115% Participation
2-Year AI Powered Global Opportunities PTP Participation Rate
Point to Point
Biennial
155% Participation
1-Year UBS Innovative Balanced PTP Participation Rate
Point to Point
Annual
115% Participation
2-Year UBS Innovative Balanced PTP Participation Rate
Point to Point
Biennial
155% Participation
1-Year S&P 500 FC PTP Participation Rate
Point to Point
Annual
75% Participation
2-Year S&P 500 FC PTP Participation Rate
Point to Point
Biennial
105% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
Ascent Pro 7 Income Rider - Option 1 with Level Income Yes 1.00% annually
Ascent Pro 7 Income Rider - Option 1 with Inflation Adjusted Income Yes 1.00% annually
Ascent Pro 7 Income Rider - Option 1 with Earning-Indexed Income Yes 1.00% annually
Ascent Pro 7 Income Rider - Option 2 with Level Income Yes 1.00% annually
Ascent Pro 7 Income Rider - Option 2 with Earning-Indexed Income Yes 1.00% annually
Ascent Pro 7 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.

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