Rather than sending sensitive personal and financial details back and forth via email, though, it would be best to discuss via phone. Her plan is to retire between the ages of 60 and 65. Our primary mission here at Annuity Gator is to help you find the best annuities available, and to guide you towards the one (or ones) that fit your specific needs, and away from the ones that dont. Wed need to get some additional information from you, though, in order to do so. 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. We have made the necessary edits to the article. Athene Agility GEN (09/15) NB, Income and Death Benefit Rider IR (06/18) and Enhanced Income Benefit Endorsement EIBR (06/18) or state variations are issued by Athene Annuity and Life Company, West Des Moines, IA. So, it makes it even more essential that you read over all of the fine print before you commit what could be a large percentage of your savings to this annuity. Bail-OutIf Athene lowers the declared 1-Year Point-to-Point Index Strategy Cap Rate below the Bailout Cap Rate, youll have full access to your annuitys Accumulated Value-free of any charges for up to 30 days after the Contract Anniversary in which the Bailout Cap Rate was pierced. Athene Ascent Pro 10. This is an independent Athene Agility 10 review, not a recommendation or solicitation to buy or sell an annuity. There is also a terminal illness waiver that allows you to withdraw up to 100% of the annuitys accumulated value if you (or the annuitant) is diagnosed with a terminal illness. Athenes website describes the Agility annuity as one that can help you open the doors to retirement possibilities. You should always consult your own financial planning, tax, and legal advisors to determine if a fixed annuity, fixed index annuity, immediate annuity, longevity annuity, or Qualified Longevity Annuity Contract is suitable for your financial situation. An index may not include dividends paid on the underlying stocks, and therefore may not reflect the total return of the underlying stocks; neither an index nor any market-indexed annuity is comparable to a direct investment in the equity markets. 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. Allianz Endurance Plus (No Longer For Sale) American Equity IncomeShield 10 Annuity. If you have been thinking about buying an annuity so that you can lock in tax-deferred growth with your savings, as well as a guaranteed lifetime income in the future, then the Fixed-Indexed Athene Agility 10 annuity may be a viable option for you. I am showing an Athene Agility 10 Illustration using a $50,000 initial premium into the: Heres how the annuity might have looked over 3 different 10-year periods. We investigate and compare annuities, and in turn, we provide our website visitors with the in-depth information that they may not receive from their insurance or financial advisors. This includes the good, the bad, and yes, even the ugly. No product companies have endorsed the reviews on this site, nor is AnnuityGator.com compensated for reviews. What would be a better fit if need income before? To check out more of the in-depth details about this annuity directly from the companys product guide, you can go HERE. Athene Agility 10. Interest Only. Annuity contracts and group annuity contracts are issued by Athene Annuity and Life Company (61689), West Des Moines, IA, and Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware, in all states (except New York), and in D.C. and PR. Over time, there can be a significant difference between these two figures. However, before you go out and make a commitment to this annuity or to any annuity it is highly recommended that you first have a good understanding of just exactly how the annuity works, and how it may (or may not) fit into your overall financial plans. The S&P 500 without dividends was up 13.4%. No-Fee Riders. This is where the fixed indexed annuity can come in. $1,000,000Higher Limits may be available with Home Office Approval, Minimum: $5,000 in AK, HI, MN, MO, NJ, OR, PA, TX, UT and WA. Two-Year Point to Point. The companys investment portfolio is well-diversified with 94% of its fixed maturity securities rated 1 or 2 the highest categories by the NAICs Securities Valuation Office. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. 6%. Financial professionals will be paid a commission on the sale of an annuity. 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. Just contact us and we will help you review what annuities would be better for income starting earlier. The Benefit Base is equal to the Initial Premium, plus the Benefit Base bonus amount. Athene USA services customers in all 50 of the United States. Alternatively, this particular annuity may not be an ideal fit for you if you: In order to truly get an idea of whether or not a fixed indexed annuity such as the Agility 7 from Athene is right for you, click here so that you can access our free annuity buyers report. So, if youre ready to begin this review, lets go ahead and dive in! 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. Hi Axel, Your feedback is very important to us. 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. In order to read the companys press releases in full regarding this matter, go HEREand HERE. This annuity could work for you if you are looking for: This product could also provide a way for individuals who have certain health issues and may not qualify for a traditional, standard life insurance policy to secure death benefit protection via the annuity. If this would be of interest to you, please contact us using the form below: document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We realize that this annuity review ran a bit on the long side. But before we get too far into this review, we do want to be perfectly clear in stating that we believe that annuities can be a very viable financial option for some people provided that they fit in with your other short- and long-term financial goals. Best. We make the complex, simple. MLSB Index Performance (Back-Tested & Actual) January 13, 1985, to December 31, 2020. This 10 year fixed index annuity comes with many features built-in for free; however, as great as it is it isnt for everyone. We have actually just recently updated our Allianz 222 annuity review, so please feel free to check back to our AnnuityGator.com website in order to check out the May 2017 information. 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. 2.5%. And maybe the biggest difference is that the Athene Agility 7 can have its lifetime income turned on after the 7th year. Therefore, it is really important that you first discuss your needs with an annuity professional who can help you with sorting all of the intricate details. 1Lifetime Income Withdrawals may be reduced or may stop if you take Excess Withdrawals from your contract. The Athene Agility 10 is a fixed index annuity with a 10-year contract term. But even so, the only way to really know if the Athene Agility 10 annuity is right for you is to have it tested. (cant use for in-home health cases like you can in the. 25%Bloomberg US Dynamic Balance Index II with 3.2% annual spread. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. This means there are two separate values; an account value and a protected income value. If this is the case, there are better alternative annuities. If you want your income to start before that then there are better annuities to meet that goal. Depending on your situation and goals, it could still be the right choice for you. As an extra added bonus, FIAs can also provide you with the ability to receive a guaranteed income for the remainder of your life (as well as that of a spouse or partner, if applicable) regardless of how long that income may be needed. As an additional bonus, fixed indexed annuities can also provide you with the ability to receive a guaranteed income for the remainder of your lifetime (as well as that of a spouse or partner, if applicable) regardless of how long that income may be needed. This is not an offer to buy or sell any security or interest. It was very informative. Your email address will not be published. Or alternatively, you can contact us by going to https://annuitygator.com/contact/ and letting us know what time works best for you. 7%. Athene Protector 5. Book a FREE consultation. As with other annuities, your earnings can compound tax-deferred, so you can continue to build the funds in the account without the need to pay Uncle Sam each year (until the time of withdrawal). Insurance companies often issue contracts that are state-specific. https://annuityassociation.comathene agility - athe. Athene has not endorsed this review in any way, nor do we receive any type of compensation for providing this review. Athene has acknowledged this and made the corrections with the third-party subcontractor so that this would not be an issue going forward. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. 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. My Annuity Store, Inc. is a licensed fixed annuity producer and does not advise clientson the purchase of non-fixed annuity products. 10%. Due to our experience and longevity in this arena, we have become very good at what we do, and weve actually come to be known as a highly trusted source of annuity information online. Allianz ABC, or AIG x5 benefit base 250%, or Athene Agility, Americo's Heritage Maximizer (30% for 30 bps) or the Bene Booster 25% of gains on the product (no explicit fee). This is an excellent annuity but it is really designed for income later. What annuity ? That being said, if youve been seeking more in-depth details about the Athene Agility 10 annuity, you have certainly landed in the right place. However, there are a few areas to keep in mind that could cost you, if youre not careful. North American PrimePath 12. This provides you with an enhanced Death Benefit. Save my name, email, and website in this browser for the next time I comment. This companys life insurance offices are based out of Delaware, Iowa, and New York. This can be beneficial in helping to keep incoming cash flow at, or even ahead of, the rate of future inflation. Athene Agility 10 fixed index annuity is a retirement savings plan designed for safe growth, retirement income for life, inflation protection, and enhancing a death benefit. This insurer is rated as the number two carrier in fixed indexed annuity sales, and has been consistently for the past three years. 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. We are a team of annuity professionals who have a key focus on offering comprehensive yet non-biased annuity reviews online. Below are the tables from an Athene Agility 10 Illustration placing a $50,000 initial premium into the: Fill out the form below to receive a free annuity quote within 4 business hours, or use one of our annuity calculators. Here's one way to help prepare for life's "what-ifs". Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. Should that read, .the income increases are locked in, so that CANT be lost? This annuity review will give you a good running start. This is where the fixed indexed annuity can come in. Athene has not endorsed this review in any way, nor do we receive any type of compensation for providing this review. Thank you for pointing that out. SIPS Maintenance - Oct 2022. Allianz Benefit Control Annuity. We make up a team of annuity professionals who have a primary focus on offering comprehensive yet non-biased annuity reviews online. Annuities are a popular tool for retirement planning, offering the opportunity for tax-deferred investing gains and guaranteed income streams. ALLIANZ 222/ABC GLOBAL ATLANTIC CHOICE ACCUM. Please call (855) 583-1104 if you have any questions or concerns. Just like other types of annuities, these products also offer tax-deferred earnings within the account and, there is the option to receive a lifetime income in retirement, regardless of how long you may need it. Ill wrap up my Athene Agility 10 review with some final thoughts. To check out the Annuity Gators updated review of the Allianz 222 annuity go HERE. (175% versus 150% with Allianz) this can make a very big difference when calculating the lifetime income. We would be happy to help with any of the questions you have regarding the Athene Performance Elite Plus 7. A 25% premium bonus only applies to Benefit Base, To qualify for the Enhanced Lifetime Income Withdrawals you must be confined to Qualified Care Facility for 180 out of the last 250 days. Before we get too far into this review, we do want to be perfectly clear in stating that we believe that annuities can be a very viable financial option for some people provided that they fit in with your other short and long-term financial goals. These financial vehicles allow you the opportunity to attain index-linked returns as well as the safety of principal, regardless of what occurs in the market. Variable annuities have these features too, they just don't offer quite as high guarantees as fixed type annuities at this time. The Athene Agility annuity is a fixed indexed annuity with a $10,000 minimum investment and a maximum issue age of 83. Average Retirement Savings: How Do You Compare? The even better news is that this isn't the only product that can be used in this manner (e.g., Allianz 222, and Athene Agility). Because of that, annuities that initially might seem exactly alike can actually give you vastly different results. So, it is important that you first discuss your needs with an annuity professional who can help you with sorting all of the intricate details. 4This benefit is NOT long-term care insurance nor is it asubstitutetherefore. Product features, limitations and availability vary; see the Certificates of Disclosure for details. This material is provided by Athene Annuity and Life Company headquartered in West Des Moines, Iowa, which issues annuities in 49 states and D.C., and Athene Annuity & Life Assurance Company of New York headquartered in Pearl River, New York, which issues annuities only in New York. We have made the necessary edits to the article. 3.25%. You can also take a peek at the full Athene Agility annuity product guide HERE. This product is designed to deliver strong income and growth potential, along with liquidity. It could also be that you have recently attended an annuity seminar where, in return for a free meal, the presenter had your attention while he or she described the Athene Agility 10 Year fixed indexed annuity. Athene Agility 10 is a 10-year fixed index annuity that boasts a free income rider with 2 options available at the time of issue. If you have been thinking about purchasing an annuity so that you can attain tax-deferred growth with your savings, as well as a guaranteed lifetime income in retirement, then the Athene Agility 7-year fixed indexed annuity may be a good choice for you. AnnuityGator. During the Income Phase, the Benefit Base will continue to grow 175% of the dollar amount credited to the Accumulated Value. When income is needed, the Agility shines in this area, too, as income payments may increase, based on the performance of the underlying index. We realize that this annuity review ran a tad bit on the long side, however, we feel that providing you with too much information is far better than not giving you enough. Index annuities are fixed annuities and generate fixed income type of returns. 3.75%. So, if you felt that this annuity review was helpful, then please feel free to pass it along and share it with anyone else who you think might also benefit from it. For instance, 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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. 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.. In this Athene Agility 10 Review we will cover: Athene Annuity and Life Insurance Company is a strong insurance company with an A Rating from AM Best; they are also a major player in the U.S. annuity market. It is not a recommendation to purchase or to sell an annuity. However, because there are so many moving parts on fixed indexed annuities, you really need to take a deeper look into how the components of these annuities work, because typically, they arent always a walk in the park when it comes to generating the returns you are anticipating. My financial dude has brought me Athene Performance Elite Plus 7. Reinsurance contracts are entered into with Athene Annuity and Life Company (61689), West Des Moines, IA; Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware; Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY; and Athene Life Re Ltd., Hamilton, Bermuda. 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. an interest bonus resulting in a credit of 150% of any interest you earn from your chosen allocations. AnnuityAdvisors - Where advisors go for advice - Annuity Financial P.S If you would like to read more of our Athene annuity reviews here are some links to check out: Has anything changed with respect to the Athene Agility 7 annuity since your review.? First, Allianz 222 Annuity is a fixed index annuity that gives you the potential to earn interest in two different ways: You can earn interest based on your choice of several index options, or you can choose to receive fixed interest. Annuities 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, It gives you accumulation potential now (with two ways to get a bonus), 1 plus options to customize your income later. You can selectively provide your consent below to allow such third party embeds. F&G; MYGA markets aren't great right now, so we're suggesting advisors consider looking at 5 year FIA as alternatives. The top 3 index annuity companies have remained the same for the last four years, and have finished in the same exact order for 3 years running. Annuity Gator. Her goal. To see a full breakdown of all charges and fees, as well as some of the other tradeoffs you may need to make in order to obtain the benefits from the Athene Agility annuity, go HERE. Withdrawals are not credited with index interest in the year they are taken. Annuity; Retirement; Videos (175% versus 150% with Allianz) this can make a very big difference when calculating the lifetime income. It may even have been your attendance at that event that has led you online, on a quest for more information.
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