Athene Performance Elite 10 Plus
Athene Annuity and Life Company
8%
Best Cap
10%
Free W/D
50
States
Athene Performance Elite is a fixed indexed annuity designed to help you accumulate retirement savings with growth potential tied to market indices, while protecting your principal from market losses. It's ideal for retirees or near-retirees seeking guaranteed income with upside growth potential.
Free Withdrawal
10%/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 | -- | 130% | -- |
| 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 product (not available on 7-year Performance Elite)An immediate bonus credited to your accumulated value at contract issue, giving you a head start on growth
Indexed Interest Crediting
0% minimum guaranteed; credits never go negativeInterest credits tied to external market indices with a Cap Rate or Participation Rate, calculated at the end of each term
Fixed Crediting Strategy
Rate declared annually by AtheneA guaranteed fixed interest rate declared each contract year, providing certainty without market exposure
Annual Free Withdrawals
10% per year (7-year) or 5% per year (10/15-year), starting Year 1 or Year 2Penalty-free access to a portion of your accumulated value each year without surrender charges
Liquidity Rider (Plus versions)
0.95% annual rider chargeOptional add-on providing enhanced free withdrawals (10% annually), 20% access if unused prior year, and return of premium after year 4
Market Value Adjustment (MVA)
Negative if rates rose; positive if rates fell more than 0.25%Adjustment to excess withdrawals based on interest rate changes, potentially reducing or increasing your withdrawal amount
Death Benefit
Paid if contract not annuitized; otherwise follows settlement option selectedGuarantees your beneficiary receives the greater of accumulated value, minimum contract value, or return of premium
Strategy Preset®
Available (not in NH); simplifies allocation decisionsExclusive hands-free option that automatically allocates your premium to a diversified blend of indexed strategies and rebalances annually
Confinement & Terminal Illness Waivers
Available after year 1; varies by stateAllows you to withdraw up to 100% of accumulated value penalty-free if confined to care facility 60+ days or diagnosed with terminal illness
Highlights
Fixed indexed annuity with guaranteed minimum contract value and protection from market downturns
Immediate premium bonus credited at issue, plus indexed interest credits based on market performance
Flexible access to money with annual free withdrawals (10% for 7-year, 5% for 10/15-year contracts)
Optional Liquidity Rider adds enhanced withdrawal options and return of premium benefit
Multiple crediting strategies including fixed rates and indexed options with automatic rebalancing via Strategy Preset
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 age 50+ seeking guaranteed lifetime income in retirement, wanting protection from market downturns while capturing some market upside, and preferring stable, predictable growth over aggressive stock market investing.
Consider Alternatives If
This product is not suitable for those needing immediate, unrestricted access to all their money, investors seeking direct stock market exposure, or anyone uncomfortable with multi-year surrender charge periods.
Carrier Ratings
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