You can withdraw up to 100% of your annuitys Accumulated Value if the Annuitant is diagnosed with a Terminal Illness that is expected to result in death within one year and you meet the eligibility requirements. You can find these reviews in our massive online annuity review database that is located on our website. Annuity and Insurance Agency 1050 Crown Pointe Parkway Atlanta, GA 30338. But even so, the only way to really know if this annuity is right for you is to have it tested. This can be beneficial in helping to keep incoming cash flow at, or even ahead of, the rate of future inflation. The Athene Agility 10 is a fixed index annuity with a 10-year contract term. The FIA products also allow you to get income for life, so you can alleviate any worry about running out of income in retirement. My Annuity Store, Inc. is a licensed fixed annuity producer and does not advise clientson the purchase of non-fixed annuity products. This holds true (somewhat) with the Athene Agility 7 fixed indexed annuity. Confinement must begin after the first contract year. In order to best support you, we would need some additional information from you. We create opportunitiesfor your clients and for you with competitive annuity solutions for accumulation, income, protection and legacy. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. Below are the tables from a $100K Athene Agility 10 Illustration placing $50,000 of premium into each of these 2 crediting options: The annuity was purchased at age 55 and income payments are deferred for 10 years; the number is for single lifetime income payments. Thats where having an Annuity Investigator who loves math comes in. Allianz: 222 and 360; . Nothing on this website is a recommendation to buy or sell an annuity. We would be happy to help with any of the questions you have regarding the Athene Performance Elite Plus 7. In addition, we also realize that the information about annuities can and often does change. Athene USA services customers in all 50 of the United States. So, if you felt that this review was helpful, please feel free to pass it along and share it with anyone else whom you think could also benefit from it. This is where the fixed indexed annuity can come in. This provides you with an enhanced Death Benefit. So, be sure to check back soon and regularly to see all of our new and updated annuity reviews. The Benefit Base is equal to the Initial Premium, plus the Benefit Base bonus amount. These reviews break down annuity offerings from each provider, including information about fees, minimum initial premiums, investment options, benefit riders, maximum issue ages, withdrawal charges, taxes and more. Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. All Rights Reserved | Privacy Policy, Independent Review of the Sammons LiveWell 10 Year Fixed Index Annuity, Independent Review of the Athene Agility 10 Annuity Pros and Cons Explained | Updated April 2020, We use cookies to enhance your experience while using our website. All content is for educational purposes only. Athene USA services customers in all 50 of the United States. To check out more of the in-depth details about this annuity directly from the companys product guide, you can go HERE. AnnuityAdvisors - Where advisors go for advice - Annuity Financial In addition, the Athene Agility 10 allows free withdrawals of 10% per year based either the initial premium or the account value, whereas the 222 annuity from Allianz only allows you to take out up to 10% based on the initial premium. ANNUITIES ARE PRODUCTS OF THE INSURANCE INDUSTRY AND NOT GUARANTEED BY ANY BANK NOR INSURED BY FDIC OR NCUA/NCUSIF. Please feel free to reach out to us directly at (888) 440-2468. Her plan is to retire between the ages of 60 and 65. This is where the Annuity Gator comes in! Allianz Endurance Plus (No Longer For Sale) American Equity IncomeShield 10 Annuity. The main reason for this is variable annuities do offer . The institutional channel includes reinsurance and group annuity contracts related to pension group annuities. As with other fixed indexed annuities, the Athene Agility 10 annuity offers the opportunity for market-linked growth, but without worry about losses in a market downturn. It is important that note that Allianz can change your caps at any time. One of the biggest reasons that consumers are so interested in fixed indexed annuities (FIAs) is because they can essentially offer the best of both worldsor at least it can appear that way. In fact, we dare say that our Annuity Gator website is the only place on the Internet where you can obtain all of the information that you require for making a well-informed purchasing decision about this annuity. Or alternatively, you can contact us by going to https://annuitygator.com/contact/ and letting us know what time works best for you. MLSB Index Performance (Back-Tested & Actual) January 13, 1985, to December 31, 2020. This annuity would not be a good fit if you planned to start the lifetime income before 10 years. We cant help everyone, but we do our best to always get back in touch within 24 hours. However, even though this best of all worlds scenario initially seems very appealing, these benefits can also come at a cost. If so, just let us knowthe name (or names) of the annuity(ies) and our Annuity Gator annuity geeks will get on it. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. an interest bonus resulting in a credit of 150% of any interest you earn from your chosen allocations. Reinsurers may not be licensed in all states. Annuities are subject to the terms and conditions of the specific contract issued by the insurer, are not FDIC or NCUA insured, are not bank guaranteed, may lose value, and are not a deposit. Prior to committing to the purchase of any type of insurance and/or investment vehicle, it is critical that you do your own due diligence, and that you also talk with a properly licensed professional if you have any questions that relate to your specific situation. Yet at the same time, historically low interest rates in the U.S. over the past ten years or so have not provided investors anywhere near the returns they need in order to beat or even meet future inflation. It may even have been your attendance at that event that has led you online, on a quest for more information. If you are considering this annuity for yourself, we would be happy to help you understand this product better and get into all of its details. 8 yr. 9 yr. 10 yr. 9% 9% 8% 7% 6% 5% 4% 3% 2% 1%, Your Benefit Base will continue to receive Interest Credits even while youre getting your retirement paycheck.. So, if youre ready to begin this review, lets go ahead and dive in! Another nice aspect is that your 10% no-charge withdrawals can be derived from the initial premium or the account value, whereas with the Allianz 222 Annuity it's only the former. So, before you move forward with the purchase of the Athene Agility fixed indexed annuity (or, for that matter, any annuity), you need to be sure that you check out all of the details as, once you have purchased an annuity, it could be quite an ordeal to get yourself out of it. However, that being said, this annuity could also fall somewhat short if you needed the income to start before 10 years. We repeat the index performance from this 10-year period afterward. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. For example, in addition to knowing that it can be costly to change your mind, you should also consider why you may be choosing one fixed indexed annuity over a long list of other products that may also suit your particular financial needs. Fixed indexed annuity. These complaints have centered primarily around administrative issues related to one of the companys third-party subcontractors. (cant use for in-home health cases like you can in the. (And, unlike many fixed indexed annuities, the income rider on the Athene Agility 7 is added at no extra charge). When income is needed, the Agility shines in this area, too, as income payments may increase, based on the performance of the underlying index. Athene Agility Fixed Indexed Annuity Request Info. Hi Robert Thank you for your message. We have heard many advisors say that you could take the free withdrawal from the Allianz 222 for years 8, 9, and 10. ALLIANZ 222/ABC GLOBAL ATLANTIC CHOICE ACCUM. These charges are set up as follows: In addition to incurring a surrender charge from Athene, if you make such a withdrawal prior to turning age 59 1/2, then you could also be hit with an additional 10% early withdrawal charge from the IRS. Meaning you want your lifetime income to start at least 7 years or more down the road. MAY ONLY BE OFFERED BY A LICENSED INSURANCE AGENT. During the Income Phase, the Benefit Base will continue to grow 175% of the dollar amount credited to the Accumulated Value. In fact, dare we say that our website is the only place online where you can obtain all of the information that you require for making a well-informed purchasing decision about this annuity. Weve been creating annuity reviews for quite some time now far longer than our competitors have although many of them would like to have you think otherwise. Best, There are many different factors that you should consider prior to making a long-term commitment to purchasing an annuity. Not available in all states. ATHENE AGILITY. The information presented here is not a representation regarding the suitability of any concept or product(s) for an individual and is not intended to be tax or legal advice. Best! So without further ado; let us dive into our Athene Agility 10 Review. If this is the first time you have been here to our website, we would like to personally welcome you to Annuity Gator. Reviews are posted at the request of readers so they could see an independent perspective when breaking down the positives and negatives of specific annuity contracts. You must wait at least 10 years to turn on the lifetime income rider. As of mid-2020, Athene held nearly $147 billion in total GAAP assets. This is an excellent annuity but it is really designed for income later. My financial dude has brought me Athene Performance Elite Plus 7. There are also some added bells and whistles that youll find on the Agility annuity from Athene, including: Dont worry well cover all of this shortly. Throughout the past decade or so, the volatility in the market has really made investors think twice about putting their hard earned savings into an area that could wipe away years of planning within a very short time if experiencing a market correction. Please call (855) 583-1104 if you have any questions or concerns. This material should not be interpreted as a recommendation by Athene Annuity and Life Company, Athene Annuity & Life Assurance Company, Athene Annuity & Life Assurance Company of New York, or Athene Securities, LLC. This annuity would not be a good fit if you planned to start the lifetime income before 7 years. But the annuity market can be difficult to understand: There is a wide range of annuity products, each offering its own set of terms, fees, and paperwork. These companies are not undertaking to provide investment advice for any individual or in any individual situation, and therefore nothing in this should be read as investment advice. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. Athene describes the Agility 7 annuityas a fixed indexed annuity for income with agility.. We appreciate your clarification on this specific annuitys initial bonus boost. NOT A DEPOSIT. 5%. The guaranteed lifetime income for both the Athene Agility and the Allianz 222 have the ability to increase each year based on their market index gains. Annuities Please feel free to contact us directly, toll-free, at (888) 440-2468 to chat with one of our annuity specialists or visit https://annuitygator.com/contact/ We look forward to hearing from you. Required fields are marked *. We have made the necessary edits to the article. Please call (855) 583-1104 if you have any questions or concerns. Jason Caudill is President of My Annuity Store, Inc. and has distributed more than $1.5 Billion of annuities during his career. The illustration is not valid without all 18 pages and the statement of understanding. Fixed indexed annuities can offer some very nice advantages starting with the fact that they provide you with the opportunity to attain a higher return than a regular fixed annuity, yet the FIA will still protect your principal in any type of market environment. Jackson National Perspective II Lifeguard Freedom Flex, Independent Review of the Athene Agility 10 Annuity Pros and Cons Explained | Updated April 2020, Athene Balanced Choice Annuity (BCA) Elevate Fixed Indexed Annuity, Athene Ascent 10 Bonus Fixed Index Annuity, Athene Income Select Bonus Fixed Index Annuity, Athene Ascent 10 Bonus 2.0 Fixed Indexed Annuity with Ascent Income Rider Option 1, Athene MaxRate 7 Multi-Year Guarantee Annuity, Athene Ascent Accumulator 10 Fixed Indexed Annuity, Independent Review of the Athene Amplify 2.0 Annuity, Independent Review of the Athene AI Powered US Equity Index, Independent Review of the Athene Nasdaq FC Index, Independent Review of the Athene Balanced Choice Level 10 Annuity, Independent Review of the Athene Ascent Accumulator 10 Fixed Indexed Annuity, Indexed interest crediting strategies that are exclusive to Athene, A 20% initial bonus boost to the rider Benefit Base, A 175% market leading stacked growth to the Benefit Base, Safety of your principal regardless of what occurs in the market, Want penalty-free access to most or all of your money within the first Ten full years of purchasing the annuity, Do not intend to use the lifetime income feature of the annuity, Want to start receiving income within the first ten years of owning the annuity. You can't anticipate every challenge you might face in retirement. It could also be that you have recently attended an annuity seminar where, in return for a free dinner or lunch, the presenter had your attention while he or she described the Athene Agility 7-year fixed indexed annuity. In order to read the companys press releases in full regarding this matter, go HEREand HERE. These charges are set up as follows: Athene Agility 10 Annuity Surrender Charge Schedule. Granted we dont know what the markets will do, but if we did have an extended period where they did not perform, then Athene would give you a higher lifetime income. In addition to possible surrender charges, there can also be some other fees involved if you own the Athene Agility 10 Year Fixed Indexed annuity.
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