Notable Features
At no additional cost, this annuity includes both a confinement and terminal illness waiver. If certain qualifications are met under these riders, the entire account can be withdrawn penalty free with no surrender charges.
Additional Details
Product Type
MYGA (Multi-Year Guaranteed Annuity)
Term
7 Years
Free Withdrawals Yr1 / Yr2+
Interest / Interest
Surrender Schedule
10%, 10%, 10%, 10%, 10%, 10%, 10%, 0%
Maximum Age
83
Minimum Investment
$100,000
Maximum Investment
$2,000,000 without prior approval
This is a competitive longer term 7 year annuity with an A+ rated company. Interest withdrawals are allowed in all years and higher maximums are accepted. No automatic renewal at the end of the seven-year term!
Athene might be best known for their fixed-indexed annuity offerings. These innovative products can provide lifetime income, double for long term care expenses, while also providing high premium bonuses and returns.
Athene Life
AM Best Rating: A+ Superior (2nd of 13 ratings)
https://www.athene.com/
Headquartered in West Des Moines, IA , Athene Holding Ltd. is a leading retirement insurance carrier that issues, acquires, and reinsures life and annuity contracts. They boast an impressive A+ rating with AM Best and over $330 billion under management.
They are part of Apollo, a well-known global asset manager. They strive to do more for their policyholders by offering innovative retirement solutions in the life and annuity marketplace.