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. The Allianz Benefit Control Annuity gives the policyholder the ability to begin income on any monthly contract anniversary after age 50, with no minimum waiting period, according to Allianz Life. (optional). 25% Nasdaq 100 Annual Point to Point with 3.25% annual cap. It gives you accumulation potential now (with two ways to get a bonus), 1 plus options to customize your income later. 2.5%. In addition, we also realize that the information about annuities can and often does change. ATHENE - Agility 10 . PDF For income that lasts as long as your retirement. Please feel free to contact us directly, toll-free, at (888) 440-2468 to chat with one of our annuity specialists or visithttps://annuitygator.com/contact/ 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. Annuity and Insurance Agency 1050 Crown Pointe Parkway Atlanta, GA 30338. 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. ALLIANZ 222/ABC GLOBAL ATLANTIC CHOICE ACCUM. So, if you felt that this review was helpful, please feel free to pass it along and share it with anyone else whom you think could also benefit from it. With that in mind, it is important to note that the Agility 10 annuity from Athene is primarily geared towards receiving income later (at least ten years after purchasing the product) as versus a product for getting income now.. What is the most important reason for that score? Best, The income payment from this annuity is guaranteed for the annuitants life. Source BofA Securities, Bloomberg: The Index was created on August 12, 2014. Best, document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. 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. You can selectively provide your consent below to allow such third party embeds. Athene Agility Fixed Indexed Annuity Request Info. This is where the Annuity Gator comes in. Learn the features and benefits, rates, and more of the Agility 10 Fixed Index Annuity offered by Athene. How would you rate your experience using SmartAssets financial advisor matching service so far? 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. Training is required prior to selling any Athene annuity. Athene: Agility 10, Ascend Pro 10, & Performance Elite; Lincoln: OptiBlend Series; Global Atlantic: Choice Accumulation; SPIA. 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. 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. 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. 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. Prior to committing to the purchase of any type of insurance and/or investment vehicle, it is critical that you do your own due diligence, and that you also talk with a properly licensed professional if you have any questions that relate to your specific situation. If you want your income to start before that then there are better annuities to meet that goal. Heres how the annuity might look over a 30-year period. This versatile annuity also includes a built-in income and death benefit rider at no added premium charge. The highest guaranteed income for life. However, there are a few areas to keep in mind that could cost you, if youre not careful. 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. I appreciate the annuity review for the Athene Agility 7 FIA. You can take a closer look at the Athene complaints HERE. Athene Agility 10 Annuity. 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). 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). Annuity Gator. Wed need to get some additional information from you, though, in order to do so. Not to be used with the offer or sale of annuities. Guarantees are subject to the claims-paying ability of the insurer. The guaranteed lifetime income for both the Athene Agility and the Allianz 222 . Agility - Annuity Products |Athene If you are considering this annuity for yourself, we would be happy to help you understand this product better and get into all of its details. So financially, Athene is strong and stable. The FIA products also allow you to get income for life, so you can alleviate any worry about running out of income in retirement. Allianz. You can also be sure that you will have an income in retirement for as long as you (and your spouse, if applicable) need it. Withdrawals are not credited with index interest in the year they are taken. That makes it tough to know which one is best aligned with your retirement income needs. This provides you with an enhanced Death Benefit. With that in mind, a financial advisor is likely to focus on this best of all worlds scenario when presenting this product to you. If youve been reviewing annuities on the Internet, it is possible that you have come across some highly conflicting information about these products. Allianz 222 Fixed Index Annuity Request Info. Or alternatively, you can contact us by going to https://annuitygator.com/contact/ and letting us know what time works best for you. 3.75%. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. The illustration is not valid without all 18 pages and the statement of understanding. Allianz See all Allianz Annuities. So, before you move forward with the purchase of the Athene Agility fixed indexed annuity (or for that matter, any annuity), you need to be sure that you check out all of the details as, once you have purchased an annuity, it could be quite an ordeal to get yourself out of it. Annuity Gator, Your email address will not be published. You can also be sure that you will have an income in retirement for as long as you (and your spouse, if applicable) need it. Additional limitations, state variations, and exclusions may apply. 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. You can withdraw up to 100% of your annuitys Accumulated Value if the Annuitant is diagnosed with a Terminal Illness that is expected to result in death within one year and you meet the eligibility requirements. My financial dude has brought me Athene Performance Elite Plus 7. Please feel free to contact us directly, toll-free, at (888) 440-2468 to chat with one of our annuity specialists or visit https://annuitygator.com/contact/ This 10 year fixed index annuity comes with many features built-in for free; however, as great as it is it isnt for everyone. You could receive 15% one year and 0% for 2 other years. 7%. However, there are a few areas to keep in mind that could cost you, if youre not careful. Please see the Certificate of Disclosure for moreinformation. We make the complex, simple. Best, One of the biggest reasons that consumers are so interested in fixed indexed annuities (also referred to simply as FIAs) is because these products can essentially offer the best of both worldsor at least it can appear that way. Jason Caudill is President of My Annuity Store, Inc. and has distributed more than $1.5 Billion of annuities during his career. Athene Annuity | Agility Annuity His mission is to help change the way annuities are bought and sold. It is not a recommendation to purchase or to sell an annuity. It also includes a built-in income and death benefit rider at no additional charge. We have heard many advisors say that you could take the free withdrawal from the Allianz 222 for years 8, 9, and 10. Annuity; Retirement; Videos But, due in large part to the increased number of new-fangled products that are being pushed out into the market by insurance companies each trying to outdo the other these particular annuities can also be extremely confusing. Reinsurers may not be licensed in all states. Technically you could withdraw your free 10% each year but that would not be using this contract to its full advantage. SmartAssets services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. If youve heard the name Athene, it could be that its because this is one of the fastest-growing fixed index annuity companies in the industry right now. The more specific and detailed you are, the more likely well be able to help . 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. AND, the income increases are locked in, so they can be lost, regardless of what happens in the market.. The term financial professional is not intended to imply engagement in an advisory business with compensation unrelated to sales. North American; Nationwide; Global Atlantic; MYGA. But, before you run out and commit to this annuity or to any annuity it is highly recommended that you first attain a good understanding of how the annuity works, and how it may (or may not) work for you. Additionally, the Athene Agility 10 has a 10-year contract term and I suggest staying in the 5 to 7-year range for accumulation. Hi Craig- Thank you for your message. 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? This versatile product includes a built-in Income and Death Benefit rider at no additional charge. Values shown are not guaranteed unless specifically stated otherwise. NOT A DEPOSIT. 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. Not available in all states. 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.. The Lifetime Income Withdrawal amount will be doubled if qualifications are met, and the Accumulated Value is greater than zero. Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. I ran up against the Allianz 222 again and called a rep at a different company to get some clarification on a competing product. If this is your first visit to our website, we would like to formally welcome you to Annuity Gator. The Athene Agility 10 has quickly become one of the best-selling indexed annuities and for good reason. Athenes website describes the Agility annuity as one that can help you open the doors to retirement possibilities. If this is the case, there are better alternative annuities. Athene is a leading retirement services company that is dedicated to helping individuals and institutions fund retirement needs. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. So, if youre ready to begin this review, lets go ahead and dive in! In this case, for instance, there is no added cost for the income rider. 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. Annual Withdrawals. Annuities are a popular tool for retirement planning, offering the opportunity for tax-deferred investing gains and guaranteed income streams. ATHENE - Agility 10 Best! In this annuity review, we will be discussing the following details on the Fixed Indexed Athene Agility 10 Year annuity: Annuities can be complex. For complete information about the cookies we use, data we collect and how we process them, please check our. Two-Year Point to Point. 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. Likewise, after the first contract year, the annuitant could qualify to access up to 100% of the accumulated value if he or she is confined to a nursing home for at least 60 consecutive days. Over time, there can be a significant difference between these two figures. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. These reviews break down annuity offerings from each provider, including information about fees, minimum initial premiums, investment options, benefit riders, maximum issue ages, withdrawal charges, taxes and more. 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. 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. To help you decide on the annuity thats perfect for you, SmartAssets experts have reviewed annuities from a wide range of providers. 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. This annuity review will give you a good running start. ATHENE AGILITY. We look forward to hearing from you. First, the Athene Agility guarantees a higher amount of lifetime income if we had an extended time of poor performance in the market indexes. 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. This includes the good, the bad, and yes, even the ugly. The guaranteed lifetime income for both the Athene Agility and the Allianz 222 have the ability to increase each year based on their market index gains. Athene MaxRate. Are there any other annuities that you would like to know more about? 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. 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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