Athene Performance Elite 10
Athene Annuity and Life Company
8%
Best Cap
5%
Free W/D
50
States
Athene Performance Elite is a fixed indexed annuity designed to help you accumulate retirement savings with the security of guaranteed minimums and the growth potential of market-linked interest credits, with no downside market risk.
Free Withdrawal
5%/yr
Available In
50 states
Min Premium
$5,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| AI Powered Global Opportunities Index | 2-Year | -- | 180% | -- |
| AI Powered Global Opportunities Index | Annual | -- | 135% | -- |
| AI Powered US Equity Index | 2-Year | -- | 195% | -- |
| AI Powered US Equity Index | Annual | -- | 150% | -- |
| BNP Paribas Multi Asset Diversified 5 Index | 2-Year | -- | 255% | -- |
| BNP Paribas Multi Asset Diversified 5 Index | Annual | -- | 135% | -- |
| Nasdaq FC Index | 2-Year | -- | 170% | -- |
| Nasdaq FC Index | Annual | -- | 77% | -- |
| S&P 500 FC TCA 0.50% Decrement Index (USD) ER | 2-Year | -- | 80% | -- |
| S&P 500 FC TCA 0.50% Decrement Index (USD) ER | Annual | -- | 85% | -- |
| S&P 500 Index | Annual | 8% | 100% | -- |
| UBS Innovative Balanced Index | 2-Year | -- | 125% | -- |
| UBS Innovative Balanced Index | Annual | -- | 95% | -- |
| Fixed Account | Daily | -- | -- | 2.9% |
Key Features
Premium Bonus
Available on most versions (not on Performance Elite 7)Immediate bonus applied to your initial investment that increases your accumulated value right away
Free Withdrawals
10% annually for 7-year contracts; 5% for 10/15-year contracts (starting year 2)Penalty-free access to a portion of your money each year without surrender charges
Indexed Crediting Strategies
Floor of 0% means you never lose gains to market downturnsInterest credits based on external market index performance using either Cap Rates or Participation Rates
Fixed Crediting Strategy
Provides certainty with no market index volatilityGuaranteed fixed interest rate option declared annually by the insurance company
Strategy Preset
Unique Athene feature (not available in NH)Hands-free automatic allocation and annual rebalancing across multiple index strategies based on your risk profile
Liquidity Rider (Plus versions)
0.95% annual rider charge for additional flexibilityEnhanced free withdrawals of 10% annually and access to 20% if no withdrawal taken prior year
Return of Premium Benefit (Plus only)
Available after 4th contract yearGuarantees your cash surrender value will never be less than premiums paid minus withdrawals and taxes
Confinement Waiver
After year 1; not available in CA and MAFull penalty-free withdrawal if confined to qualified care facility for 60+ consecutive days
Terminal Illness Waiver
After year 1; not available in CAFull penalty-free withdrawal if diagnosed with terminal illness expected to result in death within one year
Death Benefit
Paid until annuitization; payments follow selected option afterGuarantees beneficiary receives full accumulated value or minimum guaranteed value, whichever is greater
Annuity Payout Options
Can cover single life, joint lives, or period certainMultiple settlement options for guaranteed lifetime income at maturity, based on time period or lifetime
Highlights
Guaranteed protection from market downturns with no direct stock market exposure
Growth potential through indexed interest credits linked to market index performance
Flexibility to access your money through annual free withdrawals and liquidity options
Immediate premium bonus credited at issue plus tax-deferred growth
Guaranteed lifetime income options at maturity with death benefit protection
Surrender Schedule
Yr 1
12%
Yr 2
12%
Yr 3
12%
Yr 4
11%
Yr 5
10%
Yr 6
9%
Yr 7
8%
Yr 8
7%
Yr 9
6%
Yr 10
4%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Investors seeking long-term retirement savings who want growth potential linked to market indices while maintaining complete protection of principal from market downturns and preferring guaranteed minimum returns.
Consider Alternatives If
Those who need immediate access to their full investment without penalties or who cannot commit to the 7-15 year withdrawal charge period should consider other products.
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