Product Details
Product Name
Athene Max Rate 5
Annuity Type
MYGA
Issuing Insurance Company and Ratings
Athene IA
Ratings
A.M. Best
A+
2nd of 15
Standard & Poor's
A+
5th of 22
Fitch
A+
5th of 19
Product Information
The Athene IA’s Athene Max Rate 5 is a Flexible Premium, Multi Year Guaranteed Annuity with a 5 Year Interest Rate Guarantee and a 5 Year surrender charge period with a Market Value Adjustment provision.
Key Features
Premium Types: Flexible for Life of the Product
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: 5 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%
Effective Date: 03/08/2024
Next Change: N/A — not specified
Initial Guarantee Period: 5 years
Premium Amount: $100,000+
Current
5 Year Guarantee Period Annual Yield:
4.80%%
Interest rate start of year 1 through end of year 5:
4.80%%
Accumulation Value (assuming no withdrawals)
Premium Amount: $25,000 - $99,999
Current
5 Year Guarantee Period Annual Yield:
4.55%%
Interest rate start of year 1 through end of year 5:
4.55%%
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 AK CA CT DE GU HI ID MD MN MO NJ NV NY OH OK OR PA PR SC TX UT VI WA
Withdrawal Provisions
First Year Withdrawals: Interest Only
Withdrawal Years 2+: Interest Only
Wait Period Interest Only : No Wait
Withdraw from the accumulation Value After : 5 years
Minimum Policy Value : $2,000
Withdrawl Calculated On: Accumulation
Date For Calculation: Issue
Systematic Withdrawl: Yes
Min Withdrawl Amount: $1
Cumulative Free Withdrawl: No
Eligibility & Restrictions
Age Limits(Owner and Annuitant): 83 years old
State Restrictions: Not available in AK CA CT DE GU HI ID MD MN MO NJ NV NY OH OK OR PA PR SC TX UT VI WA