Athene Performance Elite 7
Athene Annuity and Life Company
11%
Best Cap
10%
Free W/D
50
States
Athene Performance Elite is a fixed indexed annuity designed to help you accumulate retirement savings with downside protection, growth potential linked to market indices, and flexible access to your money when needed.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$10,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| AI Powered Global Opportunities Index | 2-Year | -- | 235% | -- |
| AI Powered Global Opportunities Index | Annual | -- | 170% | -- |
| AI Powered US Equity Index | 2-Year | -- | 255% | -- |
| AI Powered US Equity Index | Annual | -- | 195% | -- |
| BNP Paribas Multi Asset Diversified 5 Index | 2-Year | -- | 335% | -- |
| BNP Paribas Multi Asset Diversified 5 Index | Annual | -- | 195% | -- |
| Nasdaq FC Index | 2-Year | -- | 225% | -- |
| Nasdaq FC Index | Annual | -- | 115% | -- |
| S&P 500 FC TCA 0.50% Decrement Index (USD) ER | 2-Year | -- | 118% | -- |
| S&P 500 FC TCA 0.50% Decrement Index (USD) ER | Annual | -- | 110% | -- |
| S&P 500 Index | Annual | 11% | 100% | -- |
| UBS Innovative Balanced Index | 2-Year | -- | 185% | -- |
| UBS Innovative Balanced Index | Annual | -- | 140% | -- |
| Fixed Account | Daily | -- | -- | 3% |
Key Features
Premium Bonus
Varies by product term; not available on Performance Elite 7An immediate bonus applied to your initial investment that increases your accumulated value at issue
Indexed Interest Crediting
0% minimum guaranteed credit; never lose money to market downturnsEarn interest based on external market index performance with a Cap Rate or Participation Rate, credited at the end of each term
Fixed Interest Crediting
Declared each contract yearGuaranteed fixed rate of interest declared annually by Athene and credited daily to your contract
Annual Free Withdrawals
10% annually (PE 7) or 5% annually (PE 10 & 15) starting Year 1 or 2Penalty-free access to a portion of your accumulated value each year without surrender charges
Enhanced Free Withdrawals (Plus only)
10% annually; up to 20% if no withdrawal taken in prior yearIncreased penalty-free withdrawal amount available from the first contract year, plus rollover access if not used
Liquidity Rider (Plus only)
0.95% annual charge during withdrawal charge periodOptional rider providing enhanced flexibility and access to your money for an annual charge
Confinement Waiver
Available after first contract year; not available in CA, MAAllows penalty-free withdrawal of up to 100% of accumulated value if confined to a qualified care facility for 60+ consecutive days
Terminal Illness Waiver
Available after first contract anniversary; not available in CAPermits penalty-free withdrawal of up to 100% if diagnosed with a terminal illness expected to result in death within one year
Strategy Preset
Athene exclusive feature; not available in NHHands-free automated allocation and annual rebalancing across diversified index strategies based on your selected return profile
Withdrawal Charge Period
7, 10, or 15 years depending on product selectedA specified term (7, 10, or 15 years) during which excess withdrawals incur surrender charges; allows Athene to offer higher rates
Return of Premium Benefit (Plus only)
Begins Year 5After the fourth contract year, your cash surrender value is guaranteed never to fall below your premium minus taxes and prior withdrawals
Enhanced Annuitization (Plus only)
Available after Year 5 (PE 7), Year 7 (PE 10), or Year 9 (PE 15); not available in CA, FLOption to surrender your contract and begin guaranteed lifetime income via one of five settlement options without surrender charges
Death Benefit
Paid before annuitization; continues per settlement option after annuitizationGuarantees your beneficiary receives the greater of accumulated value, minimum guaranteed contract value, or return of premium benefit
Tax Deferral
No additional tax benefit for qualified contracts like IRAsGrowth accumulates tax-free until you withdraw money, allowing your investment to compound without annual tax drag
Highlights
Fixed indexed annuity with no direct stock market risk—your money is protected from market downturns
Premium bonus applied at issue plus multiple interest crediting strategies for growth potential
Flexible access to your money through annual free withdrawals, waivers, and enhanced liquidity options
Guaranteed lifetime income option at maturity with multiple payout choices
Death benefit guarantees your beneficiary receives full accumulated value if you haven't annuitized
Surrender Schedule
Yr 1
9%
Yr 2
8.8%
Yr 3
7.9%
Yr 4
6.9%
Yr 5
5.9%
Yr 6
5%
Yr 7
4%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Individuals seeking retirement accumulation with downside protection, guaranteed minimum returns, and the flexibility to access funds through multiple channels without full market risk exposure.
Consider Alternatives If
Those needing immediate access to all their money, preferring to stay fully invested in equity markets, or unwilling to commit to a 7-, 10-, or 15-year withdrawal charge period.
Carrier Ratings
Free Comparison Report
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