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Product Details
Athene Performance Elite® 7 Plus CA
Company social profile:
Product Name
Athene Performance Elite® 7 Plus CA
Annuity Type
FIA
Issuing Insurance Company and Ratings
Athene IA
Ratings
Product Information
The Athene Performance Elite® 7 Plus CA is a Single Premium Indexed Deferred Annuity with a 7 Year Surrender Charge Period and a MVA provision. The Athene Performance Elite® 7 Plus CA also pays a first year Premium Bonus of up to 5% subject to a 7 Year Vesting Schedule. The Athene Performance Elite® 7 Plus CA also includes the Athene Performance Elite Liquidity Rider (“Rider”) for a charge.
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: $10,000 - $2,000,000
Current
7 Year Guarantee Period Annual Yield:
3%%
Interest rate start of year 1 through end of year 7:
3%%
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
Only available in CA
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: Yes
Min Withdrawl Amount: $500
Cumulative Free Withdrawl: 20%
Eligibility & Restrictions
Age Limits(Owner and Annuitant): 83 years old
State Restrictions: Only available in CA
