Athene MYG NY
Athene Annuity and Life Company
4.95%
Best Rate
10%
Free W/D
1
States
Athene MYG is a fixed annuity designed for long-term retirement savings that guarantees interest growth and provides flexible access to your money. It's ideal for conservative investors who want predictable growth without market risk.
Free Withdrawal
10%/yr
Available In
1 states
Min Premium
$5,000
Surrender
7 years
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.6% |
| 5-Year | 4.95% |
| 7-Year | 4.95% |
Key Features
Guaranteed Fixed Interest Rate
3, 5, or 7-year terms availableYour initial premium earns a guaranteed fixed rate for your chosen term period. Additional premiums earn an annually-set rate that never falls below a guaranteed minimum.
Penalty-Free Annual Withdrawals
10% per year, withdrawal charge period equals term periodYou can withdraw up to 10% of your accumulated value each contract year without incurring withdrawal charges.
Return of Premium Benefit (Optional)
Available as optional rider; reduces interest crediting ratesAllows you to surrender your annuity anytime during the withdrawal charge period and receive your full initial and additional premiums back, minus any prior withdrawals.
Tax-Deferred Growth
Tax deferral on all credited interestInterest earnings accumulate without annual tax liability. You only pay taxes when you withdraw money.
Death Benefit
100% of accumulated valueYour beneficiary receives your full accumulated value if you pass away before annuitizing.
Confinement & Terminal Illness Waivers
Available after first contract year (confinement) or first anniversary (terminal illness)Withdraw 100% of your accumulated value penalty-free if confined to a care facility for 60+ days or diagnosed with a terminal illness.
Highlights
Guaranteed fixed interest rates for your chosen term period (3, 5, or 7 years)
Access up to 10% of your money annually without penalty during the withdrawal charge period
Optional Return of Premium benefit lets you recover your full premium if circumstances change
Tax-deferred growth on all interest earnings until you withdraw
Backed by A+ financial strength ratings from S&P, Fitch, and A.M. Best
Surrender Schedule
Yr 1
8%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Conservative investors and near-retirees who want guaranteed principal protection, predictable income growth, and tax-deferred savings with occasional access to their funds.
Consider Alternatives If
Investors who need immediate access to large amounts of cash or who expect to access substantial funds during the withdrawal charge period, as surrender charges could reduce their net proceeds.
Carrier Ratings
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