Athene BCA 10 2.0 FER

The Athene BCA 10 2.0 FER is a great annuity product! It offers premium protection and potential for interest growth, which can be a safe haven for your hard-earned retirement savings.

One thing to love about this product is that it gives a steady income for life, you'll always have that financial security in retirement. This really is peace of mind made simple!

Athene BCA 10 2.0 FER-brochure Athene BCA 10 2.0 FER-brochure

Athene BCA 10 2.0 FER

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Ratings:

  • A.M. Best A+
  • Fitch A+
  • S&P A+
  • Moody's A1
  • Comdex 88

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About Product

Type
Fixed Index
Purpose
Accumulation & Legacy
Premium Bonus
14%
Term
10 Years
Surrender schedule
9.6%9.2%8.2%7.2%6.2%5.2%4.2%3.1%2.1%1%
Fee withdrawal:
10% (From Year 2)
Market Value Adjustment
Yes
Return Of Premium
No
Minimum Contribution
$10,000
Maximum Contribution
$2,000,000
Max Age Qualified
78
Types Of Funds
Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, KEOGH, and IRA-Roth
Launch Date
03/25/2019
BCA 2.0 is a single-premium fixed indexed annuity that combines growth opportunities and protection from downside market risk. 

Annual Strategy Charge
Annual Strategy Charges are calculated annually and deducted monthly from the Accumulation Value. The current declared Initial Annual Strategy Charge Rate is guaranteed for the first term only. Athene will declare a new Annual Strategy Charge Rate for each renewal term not to exceed 2.00% (1.80% in some states). 
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, 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
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
47% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
60% Participation
2-Year Shiller Barclays Global PTP Participation Rate
Point to Point
Biennial
210% Participation
2-Year Shiller Barclays Global PTP Participation Rate
Point to Point
Biennial
160% Participation
2-Year Merrill Lynch RPM PTP Participation Rate
Point to Point
Biennial
175% Participation
2-Year Merrill Lynch RPM PTP Participation Rate
Point to Point
Biennial
225% Participation
2-Year WisdomTree Siegel Strategic Value PTP Participation Rate
Point to Point
Biennial
160% Participation
2-Year WisdomTree Siegel Strategic Value PTP Participation Rate
Point to Point
Biennial
210% Participation
2-Year Citi Grandmaster PTP Participation Rate
Point to Point
Biennial
300% Participation
2-Year Citi Grandmaster PTP Participation Rate
Point to Point
Biennial
235% Participation
2-Year Shiller Barclays CAPE Allocator 6 PTP Participation Rate
Point to Point
Biennial
210% Participation
2-Year Shiller Barclays CAPE Allocator 6 PTP Participation Rate
Point to Point
Biennial
160% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 10% 9% 8% 7% 6% 5% 4% 3% 2% 1%

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Riders

Name Inbuilt Fee
BCA 2.0 FER Death Benefit with BALIR Yes 0.85% annually
BCA 10 2.0 SGO Max w/FER No 1.00% annually
BCA 10 2.0 Flex Growth w/FER No 1.00% annually
BCA 2.0 FER Death Benefit Yes 0.85% annually

Waivers

Terminal Illness

Unavailable in states: CA

After the first contract anniversary, you can withdraw up to 100% of your annuity's value if you, as the Owner, are diagnosed with a Terminal Illness or an illness or serious injury necessitates a stay of 60 consecutive days or more at a Qualified Care Facility. If the Owner is a non-natural entity, then the Confinement and Terminal Illness Waivers will be triggered based on the annuitant. Any applicable Withdrawal Charges, MVA or Premium Bonus Vesting Adjustments will be waived.

Confinement

Unavailable in states: CA, and MA

After the first contract anniversary, you can withdraw up to 100% of your annuity's value if you, as the Owner, are diagnosed with a Terminal Illness or an illness or serious injury necessitates a stay of 60 consecutive days or more at a Qualified Care Facility. If the Owner is a non-natural entity, then the Confinement and Terminal Illness Waivers will be triggered based on the annuitant. Any applicable Withdrawal Charges, MVA or Premium Bonus Vesting Adjustments will be waived.

Withdrawal Provisions

Free Withdrawals
The Free Withdrawal amount is 5% of the Accumulation Value in the first year and 10% of the Accumulation Value for all remaining years. Withdrawals in excess of the Free Withdrawal amount will not receive gains to-date and will be subject to any applicable Withdrawal Charges, Premium Bonus Vesting Adjustments and Market Value Adjustments (MVA's). Gains to-date are not credited on Lifetime Income Withdrawals or to withdrawals in excess of the Free Withdrawal amount. 

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