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Athene BCA 12 2.0 with BALIR (Annexus)

The Athene Annuity and Life Company, founded in 1896, is a top provider of retirement solutions. As a subsidiary of Athene Holding Ltd., the company focuses on providing a great variety of annuity types, including fixed, variable, and fixed-indexed annuities, designed not only to offer financial stability but to cater to each clients’ unique risk tolerance as well. Their high credit score from big-time agencies like A.M. Best, Moody’s, and Standard & Poor’s serve as evidence of their reliability in delivering the best possible retirement solutions to clients.

Athene BCA 12 2.0 with BALIR (Annexus)

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Investment

Your Gender

Your Age

Retire At

About Product

Type

Fixed Index

Purpose

Lifetime Income

Term

12 Years

Surrender schedule

14.5%

14%

13.5%

13%

12%

11%

10%

Fee withdrawal:

10% (From Year 2)

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$10,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, Profit Sharing, Traditional IRA, Spousal IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, Roth Conversion (Partial), and Roth Conversion (Full)

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, AZ, AR, CO, DC, FL, GA, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MS, MO, NE, NM, NC, ND, RI, SD, TN, VT, WV, WI, and WY

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 Wisdom Tree Siegel Strategic Value PTP Participation Rate	Point to Point Biennial	150% Participation
2-Year Wisdom Tree 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 12 2.0 SGO Max	No	1.00% annually (1.00% after 10 years) (1.20% max)
BCA 12 2.0 Flex Growth	No	1.00% annually (1.00% after 10 years) (1.20% max)

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

RMD

The contract waives Withdrawal Charges, on Required Minimum Distributions taken after turning age 73.

Premium Notes

Minimum purchase payment: $10000
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 (MVAs). Gains to-date are not credited on Lifetime Income Withdrawals or to withdrawals in excess of the Free Withdrawal amount.

Company Founded: 1909

TOP Rated Company

Athene Annuity and Life Company

Company Ratings

4.5