Athene Performance Elite 7 Plus
Athene Annuity and Life Company
11%
Best Cap
10%
Free W/D
50
States
A fixed indexed annuity designed to help you accumulate retirement savings with growth potential linked to market indices, while protecting you from market losses. Best for those seeking a balance between security and growth potential.
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 | -- | 175% | -- |
| 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 contract typeImmediate bonus credited to your account at issue, increasing your initial account value
Indexed Interest Crediting
0% minimum credit guaranteedEarn interest credits based on external market index performance using cap rates or participation rates
Fixed Interest Crediting
Rate declared each contract yearGuaranteed fixed rate of interest declared annually by Athene, credited daily to your account
Annual Free Withdrawals
7-year: 10% annually; 10/15-year: 5% annually (starting year 2)Penalty-free withdrawal privileges each year without withdrawal charges or market value adjustments
Death Benefit
Available before annuitizationGuarantees beneficiaries receive the greater of accumulated value or minimum guaranteed contract value
Minimum Guaranteed Contract Value
Protected at all timesPrincipal protection ensuring your account value never falls below a guaranteed minimum
Strategy Preset
Hands-free diversification approachAutomatic allocation and annual rebalancing across multiple index strategies without requiring yearly decisions
Confinement and Terminal Illness Waivers
100% withdrawal availableAllows full penalty-free withdrawal if confined to care facility for 60+ days or diagnosed with terminal illness
Highlights
Guaranteed protection from market downturns with no direct stock market risk
Potential growth through indexed interest credits based on market index performance
Premium bonus applied at issue for an immediate boost to your account value
Flexible access to your money through annual free withdrawals and liquidity options
Choice of fixed or indexed crediting strategies that you can adjust each year
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, RMD waiver, Terminal illness waiver
Best For
Individuals saving for long-term retirement who want growth potential with downside protection, can commit funds for a set period, and prefer flexibility over pure market exposure.
Consider Alternatives If
Those needing immediate access to funds without penalty, individuals uncomfortable with withdrawal charge periods, or anyone requiring pure market-level returns should avoid this product.
Carrier Ratings
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