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Athene BCA 12 2.0 FER (Annexus)
The Athene BCA 12 2.0 FER is a solid choice for retirees. It offers the comfort of guaranteed income, just like having a steady paycheck even after you've stopped working. Take the guesswork out of retirement!
You'll never have to worry about market volatility thanks to its protective features. This annuity promises a comfortable and predictable retirement income. Trust Athene BCA 12 2.0 FER for a smooth financial journey into your golden years.
Athene BCA 12 2.0 FER (Annexus)
About Product
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).
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 2-Year S&P 500 PTP Participation Rate |
Point to Point
Biennial
|
49%
Participation
|
| 2-Year S&P 500 PTP Participation Rate |
Point to Point
Biennial
|
62%
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
|
170%
Participation
|
| 2-Year Merrill Lynch RPM PTP Participation Rate |
Point to Point
Biennial
|
215%
Participation
|
| 2-Year WisdomTree Siegel Strategic Value PTP Participation Rate |
Point to Point
Biennial
|
150%
Participation
|
| 2-Year WisdomTree Siegel Strategic Value PTP Participation Rate |
Point to Point
Biennial
|
195%
Participation
|
| 2-Year Shiller Barclays CAPE Allocator 6 PTP Participation Rate |
Point to Point
Biennial
|
170%
Participation
|
| 2-Year Shiller Barclays CAPE Allocator 6 PTP Participation Rate |
Point to Point
Biennial
|
220%
Participation
|
| 2-Year Citi Grandmaster PTP Participation Rate |
Point to Point
Biennial
|
225%
Participation
|
| 2-Year Citi Grandmaster PTP Participation Rate |
Point to Point
Biennial
|
285%
Participation
|
| 2-Year S&P 500 Distance Stabilizer PTP Participation Rate |
Point to Point
Biennial
|
112%
Participation
|
| 2-Year S&P 500 Distance Stabilizer PTP Participation Rate |
Point to Point
Biennial
|
97%
Participation
|
| 2-Year RAFI Harvey GS PTP Participation Rate |
Point to Point
Biennial
|
190%
Participation
|
| 2-Year RAFI Harvey GS PTP Participation Rate |
Point to Point
Biennial
|
245%
Participation
|
| 2-Year MSCI MKT MediaStats Multi-Asset PTP Participation Rate |
Point to Point
Biennial
|
175%
Participation
|
| 2-Year MSCI MKT MediaStats Multi-Asset PTP Participation Rate |
Point to Point
Biennial
|
135%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 15% | 14% | 14% | 13% | 12% | 11% | 10% | 9% | 8% | 7% | 6% | 4% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| BCA 2.0 FER Death Benefit with BALIR | Yes | 0.85% annually |
| BCA 12 2.0 SGO Max w/FER | No | 1.00% annually (1.00% after 10 years) (1.20% max) |
| BCA 12 2.0 Flex Growth w/FER | No | 1.00% annually (1.00% after 10 years) (1.20% max) |
| BCA 2.0 FER Death Benefit | Yes | 0.85% annually |
Waivers
Terminal Illness
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: 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.
RMD
The contract waives Withdrawal Charges, on Required Minimum Distributions taken after turning age 73.
Premium Notes
Maximum purchase payment: $2000000 or more requires prior approval
Withdrawal Provisions
Free WithdrawalsThe 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.
- A.M. Best A+
- Fitch A+
- S&P A+
- Moody's A1
- Comdex 88
