athene annuity calculator

This material should not be interpreted as a recommendation by Athene Annuity and Life Company, Athene Annuity & Life Assurance Company, Athene Annuity & Life Assurance Company of New York, or Athene Securities, LLC. 2 Withdrawals 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. This calculator uses current rates, which are subject to change, to provide an estimate of how the Cap Rate and Participation Rate may be set on the Initial Segment Start Date. Initial Segment Term Bailout ProvisionIf the declared Cap Rate, Participation Rate, or Annual Interest Rate for an elected Segment Option at the initial Segment Start Date is lower than the Bailout Rate specified in your Contract, you may cancel the Contract within 60 days after the Contract Date and receive your Purchase Payment less any Withdrawals. The Retirement Income Calculator is available in your account online after you enroll. The average equity-indexed annuity rate of return varies based on the stock market's performance, your participation rate and your cap. Insurance products may not be available in all states. Insurance products may not be available in all states. In CA, the Confinement Waiver and Terminal Illness Waiver are not available. Athene Ascent Annuity Income Rider [Updated June 2019] Products not available in all states. Additional limitations, variations, and exclusions may apply. The Segment Interim Value is equal to the Segment Value adjusted for any applicable Interest Adjustment and Equity Adjustment. If it happens that you're on this website for the first time. Annuity contracts and group annuity contracts are issued by Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY, in New York state. In the below example, Athene agrees to cover the losses shown in white and you agree to cover the losses shown in blue. Learn & Plan INVESTMENT AND INSURANCE PRODUCTS ARE: Your email address will not be published. The IES may apply an Annual Strategy Charge which is calculated by multiplying the Strategy Value of the associated Strategy Option and an Annual Strategy Charge Rate on each contract anniversary. The MVA does not apply to Free Withdrawals, RMDs or payments made under the Confinement and Terminal Illness waivers. Guarantees: Receive a guaranteed Accumulated Value at the end of your Withdrawal Charge period with our Minimum Interest Credit feature. Neither RSBB-I, LLC nor Robert J. Shiller and its consultant, IndexVestLAB, LLC and consultants thereto, shall have any liability for any errors, omissions, or interruptions therein, and makes no warranties, express or implied, as to performance or results experienced by any party from the use of any information included therein or upon which it is based, and expressly disclaims all warranties of merchantability or fitness for a particular purpose with respect thereto, and shall not be liable for any claims or losses of any nature in connection with the use of such information, including but not limited to, lost profits or punitive or consequential damages, even if RSBB-I, LLC is advised of the possibility of same. North American Annuity Review - Forbes Advisor Also, the bonus isn't fully vested until the last year. For more information, please contact your insurance professional to see the the Certificate of Disclosure. A rules-based approach removes emotions, decisions and the need to time the market. Creating lifetime income for a secure retirement. As I just briefly stated there are two types of credit options RILAs use: Below is an illustration that should help you be able to visualize this better. Minimum Guaranteed Contract Value You will receive a minimum interest crediting rate on a percentage of your premium adjusted for withdrawals and optional rider charges, depending on state, while the contract is in effect, regardless of market conditions, providing a minimum value the contract will not fall below. No. Athene Annuity & Life Assurance Company BestLink AMB #: 006175 NAIC #: 61492 FEIN #: 440188050 Administrative Office 7700 Mills Civic Parkway West Des Moines, Iowa 50266 United States Web: www.athene.com Phone: 888-266-8489 Fax: 877-411-3020 View Additional Address Information AM Best Rating Unit: AMB #: 053043 - Athene Holding Ltd. Athene is driven to deliver innovative fixed and fixed indexed annuities that help you win your market. These companies are not undertaking to provide investment advice for any individual or in any individual situation, and therefore nothing in this should be read as investment advice. Any sale of an annuity will require contact with a financial professional. Reinsurance contracts are entered into with Athene Annuity and Life Company (61689), West Des Moines, IA; Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware; Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY; and Athene Life Re Ltd., Hamilton, Bermuda. Registered Index-Linked Annuities (RILA) 7700 Mills Civic Parkway For financial professional use only. What I think is quite telling is each of these three has been in the top five each of the last five years, as you see in the table below. They went over and above expectations. 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). Benefits may change based on claiming age, income and marital status. Not to be used with the offer or sale of annuities. Reinsurance contracts are entered into with Athene Annuity and Life Company (61689), West Des Moines, IA; Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware; Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY; and Athene Life Re Ltd., Hamilton, Bermuda. For additional information, please review the index brochure (96240). But, before you go running to your nearest insurance agent and apply for the Athene Ascent annuity and its optional income rider, it can be helpful to have a good understanding of just exactly how this income rider works. We make significant efforts to ensure the accuracy of the information listed on our website; however, the values listed here are not guaranteed. Balanced Allocation Lifetime Income Rider (BALIR) The BALIR is an optional rider that must be elected at contract issue and is available for an annual Income Rider Charge. Athene Accumulator fixed indexed annuities offer a variety of index crediting strategies and exclusive indices that deliver strong growth potential. Financial professionals will be paid a commission on the sale of an annuity. Annuity contracts and group annuity contracts are issued by Athene Annuity and Life Company (61689), West Des Moines, IA, and Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware, in all states (except New York), and in . They got me the best deal and were very fast getting all the papers in order via 2 day ups. This illustration shows a rough estimate of what someone might be eligible to receive. This shows that the company . Fixed indexed annuities are not stock market investments and do not directly participate in any stock or equity investments or index. These adjustments may be positive or negative. Form N1000-NY is the company's required suitability form. The Annual Rider Charge is calculated at the beginning of every contract year. The information available on or through myannuitystore.com is intended only to be a comparison tool, and you should only consider it to be a supplement to the full information provided by the issuing insurance company, or your financial adviser, if applicable. Your potential market Loss is Limited by a Floor Rate defined in your Contract. Return of Charge (ROC) If you do not take any withdrawals, including a full surrender, that are subject to a Withdrawal Charge, the Cash Surrender Value of your contract after the Withdrawal Charge period will never be less than the premium paid plus any applicable Premium Bonus, adjusted for withdrawals. The Athene Amplify Annuity is a single premium registered index-linked annuity (RILA) with a 6-year duration (CDSC), 5 indexes, and a 95 basis point annual fee that uniquely offers both a buffer and floor index crediting options. Protecting savings in turbulent times. This tool assumes that the individual(s) meet the eligibility criteria for receiving Social Security benefits, are not working while receiving Social Security benefits, have sufficient cash flow from personal savings, and do not have another benefit dependent on Social Security, such as a pension plan offset. Athene Annuity & Life Insurance Co. Ratings & Review 2023 All rights reserved. Losses more than the Buffer Rate will reduce your Segment Value. The S&P 500 is a product of S&P Dow Jones Indices LLC and has been licensed for use by Athene Annuity. Reinsurance products are not protected or guaranteed by state insurance guaranty associations or insolvency funds. About Athene Our Products Annuities 101 Fixed Indexed Annuities (FIAs) Registered Index-Linked Annuities (RILAs) Fixed Annuities Immediate Annuities Our Products Protecting savings in turbulent times. Financial professionals will be paid a commission on the sale of an annuity. How to solve for long-term care expenses with an annuity, How to use annuities for charitable giving, A shield from required minimum distributions, Continuation of income for your spouse when you pass away. Athene Accumulator fixed indexed annuities offer a variety of index crediting strategies and exclusive indices that deliver strong growth potential. Depending on the product, the bonus can range from 2% to 10% of your initial premium. The term financial professional is not intended to imply engagement in an advisory business with compensation unrelated to sales. Fixed Index Annuity Calculator The company is rated A by A.M. Best, A+ by Fitch, A+ by Standard & Poors, and A1 with Moody's. Payment obligations and guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. Each Contract Year thereafter, you can withdraw up to 10% of your annuity's Contract Value as of the previous Contract Anniversary without a Withdrawal Charge or Interest Adjustment. Your email address will not be published. Athene Annuity NY expects all producers to follow annuity sales suitability practices. Reviews are posted at the request of readers so they could see an independent perspective when breaking down the positives and negatives of specific annuity contracts. 6 Lump Sum Payout is equal to the average of the base contract Death Benefit and the Benefit Base. 2 The Free Withdrawal amount is 5% of the Accumulation Value in the first year and 10% of the Accumulation Value for all remaining years. You may be asking yourself, What is a RILA? Any of these factors could impact the decision on when to claim Social Security and should be carefully considered. The Accumulation Value, less any applicable Withdrawal Charges, Premium Bonus Vesting Adjustments, Annual Strategy Charges and optional rider charges, if applicable, plus any applicable Market Value Adjustments, The Return of Charge Amount (available after the Withdrawal Charge period and if no withdrawals are taken that incur a withdrawal charge). If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. Losses up to the Floor Rate will reduce your Segment Value. Now that you have at least a basic understanding of how a RILA works let us dive into our Athene Amplify Annuity Review. We guarantee to make the income payments to you for the period you select. Withdrawals are not credited with index interest in the year they are taken. Athene USA 7700 Mills Civic Parkway West Des Moines, IA 50266. Not sure where to start when choosing a financial professional? Calculate and withdraw the RMD for . Unbiased Athene Amplify Annuity Review 2023 - My Annuity Store, Inc. All transactions are subject to meeting a reinsurers underwriting requirements. Athene Ascent Fixed Indexed Annuity Review: Pros and Cons This adjustment is in addition to any Withdrawal Charge amount. Unbiased North American Income Pay Pro Annuity Review with a case study, guaranteed income amounts and hypothetical returns. The Minimum Interest Credit is based upon a percentage of your Initial Premium and Premium Bonus, if applicable, less withdrawals and charges. Withdrawals may also be subject to Withdrawal Charges, Premium Bonus Vesting Adjustments or MVAs, if applicable.

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