Additional limitations, state variations, and exclusions may apply. We look forward to hearing from you. Levels for the Index before August 12, 2014, represent hypothetical data determined by the retroactive application of a back-tested model, Home Annuity Reviews North American Income Pay Pro 10 Reviewed Sherris Case Study Sherri is 49 years old and isnt exactly sure when she will retire; I guess who really is? This is primarily because fixed indexed annuities provide the opportunity to receive positive growth when an underlying market index is being tracked and performs well, while also protecting your principal if the underlying index performs poorly during a given period of time. If you want your income to start before that then there are better annuities to meet that goal. If this is the case, there are better alternative annuities. The Athene Agility annuity is a fixed indexed annuity with a $10,000 minimum investment and a maximum issue age of 83. Income payments may increase each year depending on the performance of your clients chosen index strategies, Increases are locked in and cannot be lost regardless of future index performance, Indexed interest crediting strategies feature indices exclusive to Athene, Initial bonus that instantly boosts the Benefit Base, 175% market-leading stacked growth to the Benefit Base, Benefit Base continues growing after income has started, growing the value of the Rider Death Benefit, Up to 10% penalty-free withdrawals based on Accumulated Value or initial premium, whichever is greater, Enhanced Income Benefit at no additional charge, Built-in Rider Death Benefit beneficiary receives the fullremaining value of the riders Benefit Base in annual payments. Athene is driven to deliver innovative fixed and fixed indexed annuities that help you win your market. The best annuity for you will be determined by your individual goals and objectives, but generally speaking, Allianz, Athene, and AIG are the best fixed index annuity companies. Granted we dont know what the markets will do, but if we did have an extended period where they did not perform, then Athene would give you a higher lifetime income. 1Lifetime Income Withdrawals may be reduced or may stop if you take Excess Withdrawals from your contract. Alternatively, this annuity may not be an ideal fit for you if you: In order to truly get an idea of whether or not a fixed indexed annuity such as the Agility 10-year annuity from Athene is right for you, click here so that you can access our free annuity buyers report. And, if you have any additional questions, please contact us directly via phone, toll-free, at (888) 440-2468. If you want your income to start before that then there are better annuities to meet that goal. We have actually just recently updated our Allianz 222 annuity review, so please feel free to check back to our AnnuityGator.com website in order to check out the May 2017 information. In this annuity review, we will be discussing the following details on the Athene Agility 7-year fixed indexed annuity: Annuities can be complex. . (And, unlike many fixed indexed annuities, the income rider on the Athene Agility 7 is added at no extra charge). Not available in all states. In the Allianz 222 Annuity, if you selected monthly sum crediting, you would be credited with a gain of 2.26%. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. If so, just let us know the name (or names) of the annuity(ies) and our Annuity Gator annuity geeks will get on it. Athene Agility GEN (09/15) NB, Income and Death Benefit Rider IR (06/18) and Enhanced Income Benefit Endorsement EIBR (06/18) or state variations are issued by Athene Annuity and Life Company, West Des Moines, IA. Here's one way to help prepare for life's "what-ifs". For a direct comparison of the Allianz 222 annuity versus the Athene Agility 10 annuity, go HERE. Especially in light of the fact that the Allianz 222 is oftentimes directly compared to this Athene annuity. Technically you could withdraw your free 10% each year but that would not be using this contract to its full advantage. Over time, there can be a significant difference between these two figures. These charges are set up as follows: Athene Agility 10 Annuity Surrender Charge Schedule. Additionally, the Athene Agility 10 has a 10-year contract term and I suggest staying in the 5 to 7-year range for accumulation. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. These annuities allow customers to tie their assets to a market index available through Athene. Annuities are a popular tool for retirement planning, offering the opportunity for tax-deferred investing gains and guaranteed income streams. Just like other types of annuities, these products also offer tax-deferred earnings within the account and, there is the option to receive a lifetime income in retirement, regardless of how long you may need it. 2.5%. My Annuity Store, Inc. is a licensed fixed annuity producer and does not advise clientson the purchase of non-fixed annuity products. Sometimes it can really help to see first hand how a financial product has been or has not been working out for other investors. 10%, Agility 10 Allianz 222 (222) Inital Premium10%,, Account ValueInitial Premium,Agility 10. . However, because there are so many moving parts on fixed indexed annuities, you really need to take a deeper look into how the components of these annuities work, because typically, they arent always a walk in the park when it comes to generating the returns you are anticipating. This 10 year, MLSB Index Merrill Lynch Strategic Balanced Index, BNPIMAD5 Index: A Multi Asset Diversified Index by BNP Paribas, State Guaranty Association Coverage Limits by State. Athene USA services customers in all 50 of the United States. As an additional bonus, fixed indexed annuities can also provide you with the ability to receive a guaranteed income for the remainder of your lifetime (as well as that of a spouse or partner, if applicable) regardless of how long that income may be needed. If this is the case there are better alternative annuities, just check with us. We would be happy to help with any of the questions you have regarding the Athene Performance Elite Plus 7. Allianz 222 Fixed Index Annuity Request Info. If Excess Withdrawals, Withdrawal Charges or Market Value Adjustments (MVAs) reduce the contracts Accumulated Value to zero, your Lifetime Income Withdrawal Payments willstopand the rider will terminate. Not all reinsurance products or structures offered are available in all jurisdictions. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. These financial vehicles allow you the opportunity to attain index-linked returns as well as the safety of principal, regardless of what occurs in the market. Thats where having an Annuity Investigator who loves math comes in. In this annuity review, we will be discussing the following details on the Fixed Indexed Athene Agility 10 Year annuity: Annuities can be complex. This insurer is rated as the number two carrier in fixed indexed annuity sales, and has been consistently for the past three years. Prior to committing to the purchase of any type of insurance and/or investment vehicle, it is critical that you do your own due diligence, and that you also talk with a properly licensed professional if you have any questions that relate to your specific situation. This shows that the company . Annuities are distributed by My Annuity Store, Inc. Allianz 222 Review: Product Highlights. Allianz: 222 and 360; . For instance, in addition to knowing that it can be costly to change your mind, you should also consider why you may be choosing one fixed indexed annuity over a long list of other products that may also suit your particular financial needs. One of the things we really like is the Athene Agility 10 offers annual and two-year annual reset options: #1. 9%. But it is that type of annuity jargon that can really confuse people into thinking that theyre getting a great deal, when in fact there are some tradeoffs you may need to make in order to get the benefits. My Annuity Store, Inc. All rights reserved. 3Withdrawals and surrender may be subject to federal and state income tax and, except under certain circumstances, will be subject to an IRS penalty if taken prior to age 59. Athene USA is a somewhat newer name for an acquisition of a long-established life insurance carrier that has a century-old track record in the insurance and financial services industry. Therefore, it is really important that you first discuss your needs with an annuity professional who can help you with sorting all of the intricate details. If this is your first visit to our website, we would like to formally welcome you to Annuity Gator. This in no way affects the quality, stability, or the strength of the Athene annuity products. A 25% premium bonus only applies to Benefit Base, To qualify for the Enhanced Lifetime Income Withdrawals you must be confined to Qualified Care Facility for 180 out of the last 250 days. Depending on your situation and goals, it could still be the right choice for you. Hi Robert Thank you for your message. 8 yr. 9 yr. 10 yr. 9% 9% 8% 7% 6% 5% 4% 3% 2% 1%, Your Benefit Base will continue to receive Interest Credits even while youre getting your retirement paycheck.. Please reach out to your financial professional if you have any questions about insurance products and their features. If this would be of interest to you, please contact us using the form below: document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We realize that this annuity review ran a bit on the long side. The contract features described may not be current and may not apply in the state in which you reside. The FIA products also allow you to get income for life, so you can alleviate any worry about running out of income in retirement. During the annuitys accumulation period (prior to converting over to an income stream), the Agility 7 offers an initial 20% bonus that can help to boost the income riders benefit base. Book a FREE consultation. In addition, we also realize that the information about annuities can and often does change. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. Not available in all states. But that is not what the product was built for and we believe that would lead to less than optimal results. An in-depth look at performance-based & Guaranteed options. This holds true (somewhat) with the Athene Agility 7 fixed indexed annuity. This is where the Annuity Gator comes in. I did notice a possible error. Products not available in all . One of the biggest reasons that consumers are so interested in fixed indexed annuities (FIAs) is because they can essentially offer the best of both worldsor at least it can appear that way. "Earn a 10-15% Bonus. SmartAssets services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. This is an excellent annuity but it is really designed for income later. Athene Agility GEN (09/15) NB, Income and Death Benefit Rider IR (06/18) and Enhanced Income Benefit Endorsement EIBR (06/18) or state variations are issued by Athene Annuity and Life Company, West Des Moines, IA. Athene has not endorsed this review in any way, nor do we receive any type of compensation for providing this review. Please feel free to reach out to us directly, toll-free, at (888) 440-2468. AnnuityGator. 4%. And, this income can also rise over time to help you keep pace with the rising cost of goods and services that you need to purchase in retirement. Athene Agility 10 Crediting Strategies and Rates, Athene Annuity and Life Insurance Company, Annual Point to Point Crediting Method Explained, Nasdaq FC Index (BOFANFCC) | In Athene Annuities, Fixed Index Annuity Gets Artificial Brain | AiPex Index, 10 Best Fixed Index Annuity Companies April 2023, Case Study: North American Income Pay Pro Annuity, 2-Year No Cap Point-to-Point Index Strategy (Par Rate), 1-Year No Cap Point-to-Point Index Strategy (Par Rate), 2-Year Point-to-Point Index Strategy (Cap), 1-Year Point-to-Point Index Strategy (Cap), Uncapped crediting options available on 4 of the indexes, Annual point-to-point and two-year point-to-point options available for diversification, Innovative AiPex, BNPMAD5, and Nasdaq FC Indexes, Athene is a Strong and Financially Stable Insurance Company, All riders are built-in at no cost (no fees), The hypothetical Rate of return on back-testing is not as good as other annuity products, including Athenes own.

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