Athene Performance Elite 7 Plus: Rates & Review

Highlights

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

Type	Fixed Index
Purpose	Accumulation
Premium Bonus	6%
Term	7 Years
Surrender schedule	9%8.8%7.9%6.9%5.9%5%4%
Free withdrawal	10%
Market value adjustment
Return of premium
Launch date	06/11/2017
Minimum contribution	$10,000
Maximum contribution	$2,000,000
Max Age Qualified	83
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
Brochure	Open brochure

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Premium Notes

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

Withdrawal Provisions

Free Withdrawals

The Free Withdrawal amount is calculated by applying the percentage shown (Y1+: 10%) to the Accumulated Value as of the previous contract anniversary.
Required Minimum Distributions (Year 1+) are also free withdrawals.

Enhanced Free Withdrawals
If 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.

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	4.65% Fixed
2-Year S&P 500 DRC 8% TR PTP Participation Rate	Point to Point Biennial	70% Participation
2-Year AI Powered US Equity PTP Participation Rate	Point to Point Biennial	220% Participation
2-Year Nasdaq FC PTP Participation Rate	Point to Point Biennial	185% Participation
2-Year BNP Paribas Multi-Asset PTP Participation Rate	Point to Point Biennial	285% Participation
1-Year S&P 500 DRC 8% TR PTP Participation Rate	Point to Point Annual	65% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	9.5% Cap
1-Year AI Powered US Equity PTP Participation Rate	Point to Point Annual	165% Participation
1-Year Nasdaq FC PTP Participation Rate	Point to Point Annual	120% Participation
1-Year BNP Paribas Multi-Asset PTP Participation Rate	Point to Point Annual	205% Participation
1-Year BNP Paribas Multi-Asset PTP Participation Rate	Point to Point Annual	260% Participation
2-Year BNP Paribas Multi-Asset PTP Participation Rate	Point to Point Biennial	360% Participation
1-Year Nasdaq FC PTP Participation Rate	Point to Point Annual	153% Participation
2-Year Nasdaq FC PTP Participation Rate	Point to Point Biennial	235% Participation
1-Year AI Powered US Equity PTP Participation Rate	Point to Point Annual	210% Participation
2-Year AI Powered US Equity PTP Participation Rate	Point to Point Biennial	280% Participation
1-Year S&P 500 DRC 8% TR PTP Participation Rate	Point to Point Annual	87% Participation
2-Year S&P 500 DRC 8% TR PTP Participation Rate	Point to Point Biennial	115% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	13.25% Cap
1-Year Fixed Account (CA Only)	Fixed	3% Fixed
1-Year AI Powered Global Opportunities PTP Participation Rate	Point to Point Annual	185% Participation
1-Year AI Powered Global Opportunities PTP Participation Rate	Point to Point Annual	145% Participation
2-Year AI Powered Global Opportunities PTP Participation Rate	Point to Point Biennial	245% Participation
2-Year AI Powered Global Opportunities PTP Participation Rate	Point to Point Biennial	195% Participation
1-Year UBS Innovative Balanced PTP Participation Rate	Point to Point Annual	187% Participation
1-Year UBS Innovative Balanced PTP Participation Rate	Point to Point Annual	147% Participation
2-Year UBS Innovative Balanced PTP Participation Rate	Point to Point Biennial	250% Participation
2-Year UBS Innovative Balanced PTP Participation Rate	Point to Point Biennial	200% Participation
1-Year S&P 500 FC PTP Participation Rate	Point to Point Annual	120% Participation
1-Year S&P 500 FC PTP Participation Rate	Point to Point Annual	95% Participation
2-Year S&P 500 FC PTP Participation Rate	Point to Point Biennial	165% Participation
2-Year S&P 500 FC PTP Participation Rate	Point to Point Biennial	130% Participation

Surrender schedule

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

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.

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