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 money for retirement with guaranteed growth potential, protection from market downturns, and flexible access to your funds when needed.
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
Varies by contract; not available on Performance Elite 7An immediate bonus credited at issue that increases your accumulated value right away
Indexed Interest Crediting
0% floor; cap and participation rates varyInterest credits tied to external market index performance using cap rates or participation rates, with guaranteed 0% minimum—never negative
Fixed Interest Crediting
Rate declared each contract yearGuaranteed fixed rate of interest declared annually by Athene, credited daily to your contract
Free Withdrawals
5-10% annually; 10-20% on Plus versionsPenalty-free annual withdrawals up to 5-10% depending on product term, plus required minimum distributions (RMDs) and waivers
Liquidity Rider (Performance Elite Plus)
0.95% annual rider chargeOptional rider providing enhanced free withdrawals, return of premium benefit, and enhanced annuitization options
Confinement and Terminal Illness Waivers
Available after year 1; not in CA/MAAccess up to 100% of accumulated value without charges if confined to care facility for 60+ days or diagnosed with terminal illness
Death Benefit
Full accumulated value or greaterGuarantees beneficiary receives full accumulated value, minimum guaranteed contract value, or return of premium—whichever is greater
Tax Deferral
Deferred until withdrawalGrowth accumulates tax-deferred; you only pay taxes on withdrawals, not annual earnings
Strategy Preset
Athene exclusive; not available in NHUnique hands-free option that automatically allocates funds across diversified index strategies and rebalances annually
Annuitization Options
Available at contract maturityConvert accumulated value to guaranteed lifetime income at maturity, with options for period-certain or joint annuitant payments
Highlights
Fixed indexed annuity with guaranteed minimum contract value and no direct stock market risk
Premium bonus credited at issue provides immediate increase to accumulated value
Multiple interest crediting strategies including fixed rates and index-linked options with downside protection
Flexible withdrawal options including 5-10% annual free withdrawals and enhanced liquidity rider available
Guaranteed lifetime income options at maturity with death benefit protection for beneficiaries
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
This product is best for individuals who want to accumulate retirement savings with downside protection, are comfortable locking money away for 7-15 years, and want guaranteed income options while maintaining some access to their funds.
Consider Alternatives If
This product may not be suitable for those who need immediate access to all their money, want unlimited liquidity, or cannot tolerate the premium bonus vesting adjustments and market value adjustments on early withdrawals.
Carrier Ratings
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