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Product Details
AccuMax 7
Company social profile:
Product Name
AccuMax 7
Annuity Type
FIA
Issuing Insurance Company and Ratings
Athene IA
Ratings
Product Information
The AccuMax 7 is a Single Premium Indexed Deferred Annuity with a 7 Year Surrender Charge Period with a Market Value Adjustment provision. The AccuMax 7 is primarily intended for customers seeking a long-term retirement savings vehicle. The AccuMax 7 offers a number of Index Strategies and a Fixed Account currently pay 3.1% which is guaranteed for 7 years.
Key Features
Premium Types: Single
Minimum Premium: $10,000
Maximum Premium: $2,000,000
Free Look Period: 20 Days
Rate Lock Period: 60 Days
Rates
Effective Date: 03/08/2024
Initial Guarantee Period: 7 Years
Next Change: N/A — not specified
Premium Amount: $100,000 - See Notes (High-Band)
3 Year Guarantee Period Annual Yield:
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Premium Amount: $100,000+
Current
7 Year Guarantee Period Annual Yield:
3.35%%
Interest rate start of year 1 through end of year 7:
3.35%%
Accumulation Value (assuming no withdrawals)
Premium Amount: $25,000 - $99,999
Current
7 Year Guarantee Period Annual Yield:
3.10%%
Interest rate start of year 1 through end of year 7:
3.10%%
Accumulation Value (assuming no withdrawals)
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
Premium Amount: $100,000 - See Notes (Low-Band)
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
State Approvals
Not available in GU NY PR VI
Withdrawal Provisions
First Year Withdrawals: 10%
Withdrawal Years 2+: 10%
Wait Period Interest Only : 30 Days
Withdraw from the accumulation Value After : Immediately
Minimum Policy Value : $2,000
Withdrawl Calculated On: Accumulation
Date For Calculation: Issue
Systematic Withdrawl: No
Min Withdrawl Amount: $500
Cumulative Free Withdrawl: No
Eligibility & Restrictions
Age Limits(Owner and Annuitant): 83 years old
State Restrictions: Not available in GU NY PR VI
