My Annuity Store, Inc. is a licensed fixed annuity producer and does not advise clientson the purchase of non-fixed annuity products. 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. Variable annuities have these features too, they just don't offer quite as high guarantees as fixed type annuities at this time. The indexed interest is based on actual index performance during the most recent 10-calendar year period for the first 10 years. SIPS Maintenance - Oct 2022. Your email address will not be published. Products not available in all . See how Allianz 222 Annuity works | Allianz Life We cant help everyone, but we do our best to always get back in touch within 24 hours. My financial dude has brought me Athene Performance Elite Plus 7. 3Withdrawals and surrender may be subject to federal and state income tax and, except under certain circumstances, will be subject to an IRS penalty if taken prior to age 59. SILAC TETON/DENALI 10 (85) F&G POWER ACCUM/ACCUM PLUS (85) ATHENE PERFORMANCE ELITE (83) List all products in the following category: annuities that write 86-90. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. Annuity Gator, Your email address will not be published. Quick View. Contact your back office or the Athene Sales Desk for product availability. This includes the good, the bad, and yes, even the ugly. MAY LOSE VALUE. ALLIANZ 222/ABC GLOBAL ATLANTIC CHOICE ACCUM. Be sure to do your own due diligence, we recommend consulting with a properly licensed tax, legal or financial professional regarding any questions you may have prior to making any purchasing decision. You may not be diagnosed during the first Contract Year. The more specific and detailed you are, the more likely well be able to help . Annuities 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). Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). But that is not what the product was built for and we believe that would lead to less than optimal results. You can find these reviews in our massive annuity review database that is located on our website. This annuity review will give you a good running start. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. The highest guaranteed income for life. We have made the necessary changes. The main reason for this is variable annuities do offer . P.S If you would like to read more of our Athene annuity reviews here are some links to check out: Thank you. During the annuitys accumulation period (prior to converting over to an income stream), the Agility 7 offers an initial 20% bonus that can help to boost the income riders benefit base. This annuity would not be a good fit if you planned to start the lifetime income before 7 years. We would be happy to assist you to find similar annuities to Athene Agility 7. 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. AnnuityGator. 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. 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. When considering the Athene Agility 7-Year Fixed Indexed Annuity, though, you can be confident that the principal you have in the account is safe, regardless of what happens in the market or even in the economy overall. 3.25%. Over time, the returns will average out to be in the 2-4% range. This annuity review is meant solely to be an independent review at the request of our readers so that they may see our perspective when breaking down the positives and the negatives of this particular annuity. It also includes a built-in income and death benefit rider at no additional charge. With all of the media hype today which includes countless numbers of financial gurus telling you what to do online, on TV, and anywhere else you can get a satellite signal it can be difficult at best to cut through all of the clutter. Where the Athene Agility 10 really shines in comparison to the Allianz 222 annuity is that the Agility offers a better participation rate for the income benefit. To complete your product training, visit the RegEd site, Discover everything you need to know about the indices that power Athene annuities, go to Index Information, For product support or to run an illustration, contact the best Sales Desk in the business at 888-ANNUITY. Athene Agility 10 Annuity. We can assist you with that by running it through our annuity calculator, using your specific financial figures. 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. Athene USA is a somewhat newer name for an acquisition of a long-established life insurance carrier that has a century-old track record in the insurance and financial services industry. In addition, as annuities and fixed indexed annuities in particular have become more popular over the past several years, more and more insurers are introducing new products out into the marketplace. 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. 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. The income payment from this annuity is guaranteed for the annuitants life. Heres how the annuity might look over a 30-year period. 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. MLSB Index Performance (Back-Tested & Actual) January 13, 1985, to December 31, 2020. If this is something that would be of interest to you, then please contact us. You can find these reviews in our massive online annuity review database that is located on our website. If the insured has any objections to any of the terms and conditions, s/he has the option to Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. It is important that note that Allianz can change your caps at any time. 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. 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. We appreciate your clarification on this specific annuitys initial bonus boost. The best annuity for you will be determined by your individual goals and objectives, but generally speaking, Allianz, Athene, and AIG are the best fixed index annuity companies. No-Fee Enhanced Benefits | The Annuity Expert Product Specific Training Instructions - Brokers' Choice of America AnnuityAdvisors - Where advisors go for advice - Annuity Financial However, even though this best of all worlds scenario initially seems very appealing, these benefits can also come at a cost. 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. We have been offering these in-depth annuity reviews for quite some time now far longer than our competitors have although many of them would like to have you think otherwise. Annuity Gator, For instance, with this product, your income could increase each year, depending on the index strategies that you chose. So, be sure to check back soon and regularly to see all of our new and updated annuity reviews. 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. NOT A DEPOSIT. This versatile product includes a built-in Income and Death Benefit rider at no additional charge. (cant use for in-home health cases like you can in the. Additionally, the Athene Agility 10 has a 10-year contract term and I suggest staying in the 5 to 7-year range for accumulation. Athene has not endorsed this review in any way, nor do we receive any type of compensation for providing this review. Comprehensive Allianz 222 Review My Annuity Store, Inc. Average Retirement Savings: How Do You Compare? The Athene Agility 10 is a fixed index annuity with a 10-year contract term. Annuity Gator, We are looking for a place to park $400k for 7-10 years. Allianz 222 Fixed Index; Brighthouse Shield Level Selector; Jackson National Perspective II Lifeguard Freedom Flex; Athene Agility 10 Year Fixed Index; AXA Structured Capital Strategies; AIG Polaris Platinum III; All Annuity Reviews; Blog. 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. Athene also offers 175% stacked growth to the annuitys benefit base which means that the annuitys return shares in 175% of what the underlying index returns. This is an independent Athene Agility 10 review, not a recommendation or solicitation to buy or sell an annuity. Enhanced Death Benefit capped at 125% Cash Surrender Value or 250% net premium in AK, HI, NJ, PA, and WA. 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. MAY ONLY BE OFFERED BY A LICENSED INSURANCE AGENT. F&G Retirement Pro Annuity. PDF For income that lasts as long as your retirement. 9%. When you have a financial product that offers any type of guarantee on it, its likely that there will also be tradeoffs to consider somewhere along the line. That makes it tough to know which one is best aligned with your retirement income needs. This is primarily because fixed indexed annuities provide the opportunity to receive positive growth when an underlying market index is being tracked and performs well, while also protecting your principal if the underlying index performs poorly during a given period of time. Not available in all states. (175% versus 150% with Allianz) this can make a very big difference when calculating the lifetime income. 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. 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). Athene Agility 10 Annuity: A Trusted, Objective Review in 2020 It also offers a built-in death benefit rider at no additional charge. This holds true (somewhat) with the Athene Agility 7 fixed indexed annuity. First, the Athene Agility guarantees a higher amount of lifetime income if we had an extended time of poor performance in the market indexes. Financial professionals will be paid a commission on the sale of an annuity. In addition, we also realize that the information about annuities can and often does change. 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. One of the things we really like is the Athene Agility 10 offers annual and two-year annual reset options: It has a participation rate and capped index crediting strategies as well as a fixed-interest option. An in-depth look at performance-based & Guaranteed options. 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. What are other similar annuities to this one? By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. It is not a recommendation to purchase or to sell an annuity. For complete information about the cookies we use, data we collect and how we process them, please check our. We look forward to hearing from you. It may even have been your attendance at that event that has led you online, on a quest for more information. We have made the necessary edits to the article. The Lifetime Income Withdrawal amount will be doubled if qualifications are met, and the Accumulated Value is greater than zero. It may even have been your attendance at that event that has led you online, on a quest for more information. This annuity review is meant solely to be an independent review at the request of our readers so that they may see our perspective when breaking down the positives and the negatives of this particular annuity. 10%. 4%. Technically you could withdraw your free 10% each year but that would not be using this contract to its full advantage. Athene passes this test with strong financial ratings and comes in #1 in overall index annuity sales in 2020. To help you decide on the annuity thats perfect for you, SmartAssets experts have reviewed annuities from a wide range of providers. All content is for educational purposes only. 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. 7%. Are there any other annuities that you would like to know more about? Also, as with most other annuities, if more than 10% of the contracts value is withdrawn during the surrender charge period, a withdrawal charge penalty will be incurred. Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. We would be happy to help with any of the questions you have regarding the Athene Performance Elite Plus 7. 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. 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. This is where the Annuity Gator comes in. Which Annuity is Best? Index Annuity vs Variable Annuity vs None at All So financially, Athene is strong and stable. 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. Annuity; Retirement; Videos Insurance products may not be available in all states. We repeat the index performance from this 10-year period afterward. Athene. 25% Nasdaq 100 Annual Point to Point with 3.25% annual cap. How would you rate your experience using SmartAssets financial advisor matching service so far? Kiara Caudill California License: 4109080. As of mid-2020, Athene held nearly $147 billion in total GAAP assets. You could receive 15% one year and 0% for 2 other years. Jackson National Perspective II Lifeguard Freedom Flex, Independent Review of the Athene Agility 7-Year Fixed Indexed Annuity [Updated December 2020], Athene held nearly $147 billion in total GAAP assets, 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, Athene Agility 10-Year 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, 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 seven full years of purchasing the annuity, Do not intend to use the lifetime income feature of the annuity. 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. < This link is outdated and shows information, percentages and index strategies not currently used by the product. Or alternatively, you can contact us by going to https://annuitygator.com/contact/ and letting us know what time works best for you. Oct17: Updated Allianz 360 Payout Table (Opt1-Level & Opt2-Increasing) Oct14: Corrected Allianz 360 Interest Bonus (Opt1-Level & Opt2-Increasing) Oct6: Updated Allianz 222 Income Rider to a 30% bonus Oct4: Updated the Athene AscentPro (Option1 / Level) Payout Table. In addition to possible surrender charges, there can also be some other fees involved if you own the Athene Agility fixed indexed annuity. The Death Benefit Payout Period is currently set to five years and is guaranteed not to exceed ten years. North American; Nationwide; Global Atlantic; MYGA. 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. This provides you with an enhanced Death Benefit. Athene USA services customers in all 50 of the United States. 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. That being said, if youve been seeking more in-depth details about the Athene Agility 7-year FIA, you are definitely in the right place. 5%. 5Beneficiary can elect to receive a lump sum payment of the Accumulated Value or the Benefit Base paid out over a period not to exceed 10 years. When income is needed, the Agility shines in this area, too, as income payments may increase, based on the performance of the underlying index. Hi Robert Thank you for your message. 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. 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. For additional information on how to compare fixed annuities so that you can decide which may be the best one for you, click here in order to obtain our free annuity report. However, there are a few areas to keep in mind that could cost you, if youre not careful. 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. (optional). So, if youre ready to begin this review, lets go ahead and dive in! One-Time Checkup with a Financial Advisor, See all Brighthouse Financial Shield Annuities, Americo Financial Life and Annuity Review, Brighthouse Financial Shield Annuity Review, Fidelity & Guaranty Life Annuities Review, Lafayette Life Insurance Company Annuity Review, MetLife Annuities/Brighthouse Financial Annuities Review, Mutual Trust Life Insurance Company Annuity Review, Allianz Index Advantage Variable Annuity, Brighthouse Shield Level Select 6-Year Annuity, Brighthouse Shield Level Select 3-Year Annuity, Brighthouse Shield Level 10 Advisory Annuity. Rates and annuity payout rates are subject to change. Athene is driven to deliver innovative fixed and fixed indexed annuities that help you win your market. We have made the necessary edits to the article. North American PrimePath 12. Additional limitations, state variations, and exclusions may apply. Help clients open doors to retirement possibilities. There are spreads, caps or participation rates that limit how much of the return you receive. PDF AnnuityAdvisors - Where advisors go for advice - Annuity Financial Besides Athene Agility 10, Any annuity that you purchase should ideally be matched with your specific situation, in terms of risk tolerance and time frame, as well as when you want your income to start. Athene USA services customers in all 50 of the United States. 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. Athene Annuity | Agility Annuity ATHENE - Agility 10 Thats where having an Annuity Investigator who loves math comes in. Thank you for pointing that out. Meaning you want your lifetime income to start at least 7 years or more down the road. . Just contact us and we will help you review what annuities would be better for income starting earlier. If you plan to turn this portion of your portfolio into a lifetime income stream, Agility 10 is quite possibly the best option available (Allianz 222 also gets consideration). Kiara Caudill California License: 4109080. If you want your income to start before that then there are better annuities to meet that goal. Allianz 222 Fixed Index Annuity - The Annuity Expert Annuity Gator. Enhanced Income Benefit Availability and QualificationTo qualify for the Enhanced Income Benefit, the person for whom Lifetime Income Withdrawals are based must be confined to Qualified Care Facility for 180 out of the last 250 days. an interest bonus resulting in a credit of 150% of any interest you earn from your chosen allocations. Therefore, if you happened to notice if there were any details within this review that should be revised, please let us know that too, and we will be glad to make the necessary updates to it. We have heard many advisors say that you could take the free withdrawal from the Allianz 222 for years 8, 9, and 10. This is where the Annuity Gator comes in! When doing your annuity research, you may have run across some of the other websites out there that discuss annuities but are more interested in simply obtaining your contact information so that they can bombard you with a deluge of emails and marketing materials. Not all reinsurance products or structures offered are available in all jurisdictions. To check out more of the in-depth details about this annuity directly from the companys product guide, you can go HERE. Athene Agility is designed to deliver strong income and growth potential plus liquidity. All investing involves risk, including loss of principal. No product companies have endorsed the reviews on this site, nor is AnnuityGator.com compensated for reviews. This is a great option if you are less than 60 years of age and plan to use this annuity as part of your retirement income plan. This, however, isnt really all that uncommon, as there are many different annuities out there in the world, and there almost as many different thoughts and opinions about them. With that in mind, a financial advisor is likely to focus on this best of all worlds scenario when presenting this product to you. During the Income Phase, the Benefit Base will continue to grow 175% of the dollar amount credited to the Accumulated Value. This annuity would not be a good fit if you planned to start the lifetime income before 10 years. Insurance companies often issue contracts that are state-specific. Levels for the Index before August 12, 2014, represent hypothetical data determined by the retroactive application of a back-tested model, Home Annuity Reviews North American Income Pay Pro 10 Reviewed Sherris Case Study Sherri is 49 years old and isnt exactly sure when she will retire; I guess who really is? You can selectively provide your consent below to allow such third party embeds. After the 30-day Bailout Window, all charges may apply. This is because these annuities provide the opportunity to receive positive growth when an underlying market index is being tracked and performs well, while also protecting your principal if the underlying index performs poorly. 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.? In order to read the companys press releases in full regarding this matter, go HEREand HERE. Should that read, .the income increases are locked in, so that CANT be lost? So while your returns are dependent on how your chosen index performs, it isn't literally invested in the market like a normal investment would be. This versatile annuity also includes a built-in income and death benefit rider at no added premium charge. If this is your first visit to our website, we would like to formally welcome you to Annuity Gator. 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. With all of the media hype today which includes countless numbers of financial gurus telling you what to do it can be difficult at best to cut through all of the clutter. However, that being said, this annuity could also fall somewhat short if you needed the income to start before 7 years. Allianz. In addition, the Athene Agility allows free withdrawals of 10% per year based on 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. The highest minimum guaranteed return. ATHENE - Agility 10 . 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. Our main mission here at Annuity Gator is to help you locate 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. In order to lure you into giving your information, they will often make some pretty outrageous claims about the annuities that they offer, such as: Yet, as nice as these claims might be, this hype makes it even more necessary for you to make sure that the claims are actually true before you move forward and commit a large percentage of your money to such products. The Annuity Gator. Before purchasing any investment product be sure to do your own due diligence and consult a properly licensed professional should you have specific questions as they relate to your individual circumstances. AND, the income increases are locked in, so they cant be lost, regardless of what happens in the market. I did notice a possible error. Athene Agility 10. 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. Nothing on this website is a recommendation to buy or sell an annuity.