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Athene Performance Elite 7 Plus

The Athene Performance Elite 7 Plus is a top-notch annuity option for retirees seeking peace of mind. With lucrative interest rates and built-in flexibility, your hard earned money can grow safely and reliably. Enjoy a well-deserved, worry-free retirement!

What's more, this annuity product offers unique benefits: options for additional income boosts and protection against market volatility. It's the perfect blend of stability and growth potential, making it a fantastic asset to your golden years' financial portfolio.

Athene Performance Elite 7 Plus

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About Product

Type

Fixed Index

Purpose

Accumulation

Premium Bonus

Term

7 Years

Surrender schedule

8.8%

7.9%

6.9%

5.9%

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Yes

Minimum Contribution

$10,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, and Inherited IRA

Launch Date

06/11/2017

The Athene Performance Elite 7 Plus is a single premium fixed-indexed annuity with a 7-year surrender charge period and an MVA provision. The Athene Performance Elite 7 also pays a first-year premium bonus subject to a 7-year vesting schedule.

Optional Strategy Charge
Higher Cap and Participation Rates are available with a strategy charge. Annual Strategy Charges are calculated on the contract anniversary and deducted monthly from the Accumulated Value.
Strategy Charge Credit
A one-time Strategy Charge Credit will be added to the Accumulated Value at the end of the Withdrawal Charge Period, if the sum of all strategy charges applied, minus the sum of all interest credits, is greater than zero.

Strategy Preset
Strategy Preset is a unique “hands-free” option designed to:

harness diversification potential through broad index exposure
allow for personalization through preset options that best meet your return profile
automatically allocate your premium to a predetermined blend of index strategies
automatically rebalance each year to target that blend over time

You still have the potential to earn interest credits every year and can help optimize performance through the additional use of longer crediting terms and/ or strategy charges.

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

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	4.4% Fixed
2-Year AI Powered US Equity PTP Participation Rate	Point to Point Biennial	205% Participation
2-Year Nasdaq FC PTP Participation Rate	Point to Point Biennial	175% Participation
2-Year BNP Paribas Multi-Asset PTP Participation Rate	Point to Point Biennial	265% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	8.75% Cap
1-Year AI Powered US Equity PTP Participation Rate	Point to Point Annual	160% Participation
1-Year Nasdaq FC PTP Participation Rate	Point to Point Annual	115% Participation
1-Year BNP Paribas Multi-Asset PTP Participation Rate	Point to Point Annual	195% Participation
1-Year BNP Paribas Multi-Asset PTP Participation Rate	Point to Point Annual	250% Participation
2-Year BNP Paribas Multi-Asset PTP Participation Rate	Point to Point Biennial	340% Participation
1-Year Nasdaq FC PTP Participation Rate	Point to Point Annual	150% Participation
2-Year Nasdaq FC PTP Participation Rate	Point to Point Biennial	225% Participation
1-Year AI Powered US Equity PTP Participation Rate	Point to Point Annual	205% Participation
2-Year AI Powered US Equity PTP Participation Rate	Point to Point Biennial	265% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	12% Cap
1-Year Fixed Account (CA Only)	Fixed	3% Fixed
1-Year AI Powered Global Opportunities PTP Participation Rate	Point to Point Annual	180% Participation
1-Year AI Powered Global Opportunities PTP Participation Rate	Point to Point Annual	140% Participation
2-Year AI Powered Global Opportunities PTP Participation Rate	Point to Point Biennial	240% Participation
2-Year AI Powered Global Opportunities PTP Participation Rate	Point to Point Biennial	185% Participation
1-Year UBS Innovative Balanced PTP Participation Rate	Point to Point Annual	180% Participation
1-Year UBS Innovative Balanced PTP Participation Rate	Point to Point Annual	140% Participation
2-Year UBS Innovative Balanced PTP Participation Rate	Point to Point Biennial	240% Participation
2-Year UBS Innovative Balanced PTP Participation Rate	Point to Point Biennial	185% Participation
1-Year S&P 500 FC PTP Participation Rate	Point to Point Annual	115% Participation
1-Year S&P 500 FC PTP Participation Rate	Point to Point Annual	90% Participation
2-Year S&P 500 FC PTP Participation Rate	Point to Point Biennial	155% Participation
2-Year S&P 500 FC PTP Participation Rate	Point to Point Biennial	120% Participation

Surrender schedule

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

Hypothetical Projection

Comparison against S&P 500 using current rates

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Investment Amount

Riders

Name	Inbuilt	Fee
Athene Annual Liquidity Rider Charge Rate 7 years	Yes	0.95% annually (0.00% after 7 years)

Waivers

Terminal Illness

Unavailable in states: CA

You can withdraw up to 100% of your annuity’s Accumulated Value if you’re 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.

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 you’ve been confined to a Qualified Care facility for at least 60 consecutive days and meet the eligibility requirements. You cannot be confined at the time the contract is issued. Confinement period must begin at least one year after the contract date.

Premium Notes

Minimum Premium: $10,000 Q/NQ. (Single premium only)

Withdrawal Provisions

Free Withdrawals Athene Performance Elite annuities provide annual penalty-free withdrawal privileges. Athene Performance Elite 7 annuities allow up to a 10% annual free withdrawal beginning in the first Contract Year. Each year, you may withdraw up to the maximum free amount of your annuity’s Accumulated Value (as of the most recent Contract Anniversary) without a Withdrawal Charge, Market Value Adjustment (MVA) or any Premium Bonus Vesting Adjustment, if applicable. Required Minimum Distributions (RMDs) are IRS mandatory withdrawals required with qualified contracts (such as an IRA). These withdrawals from your annuity contract are considered part of your free withdrawal, free of Withdrawal Charges, MVA or Premium Bonus Vesting Adjustment for the Contract Year. Enhanced Free WithdrawalsIf no withdrawals are taken in a given year, up to 20% of the Accumulated Value is available for withdrawal in the next year. Market Value Adjustment (MVA)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 an excess withdrawal before the end of your Withdrawal Charge period, an MVA will be applied to that excess 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. MVA is not applicable in all states. Enhanced Annuitization After the fifth contract year, you may elect to surrender your contract and apply the Accumulated Value to one of five settlement options. No Withdrawal Charges, Premium Bonus Vesting Adjustments or Market Value Adjustments will apply upon election of this feature, provided one of the Settlement Options is elected and annuity payments commence.

Company Founded: 1909

TOP Rated Company

Athene Annuity and Life Company

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