My Annuity Store, Inc. is a licensed fixed annuity producer and does not advise clientson the purchase of non-fixed annuity products. It happened to me on Thursday morning when I found about the hidden fees in the Allianz 222. Best, We appreciate your clarification on this specific annuitys initial bonus boost. 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. 3.25%. It is important that note that Allianz can change your caps at any time. 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. Due to our experience and longevity in this area, we have become quite good at what we do, and weve actually come to be known as a highly trusted source of annuity information on the Internet. AND, the income increases are locked in, so they can be lost, regardless of what happens in the market.. This is best done via phone (as versus sending sensitive information back and forth via email). Or alternatively, you can contact us by going to https://annuitygator.com/contact/ and letting us know what time works best for you. Product Specific Training Instructions - Brokers' Choice of America These annuities allow customers to tie their assets to a market index available through Athene. This can be beneficial in helping to keep incoming cash flow at, or even ahead of, the rate of future inflation. 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. This field is for validation purposes and should be left unchanged. First, the Athene Agility guarantees a higher amount of lifetime income if we had an extended time of poor performance in the market indexes. 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. 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. However, we will be in a better position to know that after getting some additional information from you. If you have been thinking about purchasing an annuity so that you can attain tax-deferred growth with your savings, as well as a guaranteed lifetime income in retirement, then the Athene Agility 7-year fixed indexed annuity may be a good choice for you. Athene describes the Agility 7 annuityas a fixed indexed annuity for income with agility.. So, be sure to check back soon and regularly to see all of our new and updated annuity reviews. NOT A DEPOSIT. Help clients open doors to retirement possibilities. 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. Allianz. Not all reinsurance products or structures offered are available in all jurisdictions. Agility - Annuity Products |Athene Best, Are there any other annuities that you would like to know more about? The top 3 index annuity companies have remained the same for the last four years, and have finished in the same exact order for 3 years running. Annuity Gator, Your email address will not be published. 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). 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. The term financial professional is not intended to imply engagement in an advisory business with compensation unrelated to sales. ANNUITIES ARE PRODUCTS OF THE INSURANCE INDUSTRY AND NOT GUARANTEED BY ANY BANK NOR INSURED BY FDIC OR NCUA/NCUSIF. 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. 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. Here's one way to help prepare for life's "what-ifs". The illustration is not valid without all 18 pages and the statement of understanding. The Athene Agility 10 Year Fixed Indexed annuity could work for you if you are looking for: This product can also provide an opportunity for individuals who have various health issues (and in turn, who may not qualify for a traditional, standard life insurance policy) to secure death benefit protection through the 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. We would be happy to help with any of the questions you have regarding the Athene Performance Elite Plus 7. This is an independent annuity product review. Please feel free to reach out to us directly at (888) 440-2468. PDF For income that lasts as long as your retirement. By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. Interest Only. 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. What annuity ? Athene has acknowledged this and made the corrections with the third-party subcontractor so that this would not be an issue going forward. In order to best support you, we would need some additional information from you. Her plan is to retire between the ages of 60 and 65. 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. While the Agility annuity is often compared with the Allianz 222 fixed indexed annuity, there are several areas where the Athene product comes out on top. He believes a lack of access to educational materials and annuity products has hindered the widespread adoption of these strategies in the United States. The highest minimum guaranteed return. To help you decide on the annuity thats perfect for you, SmartAssets experts have reviewed annuities from a wide range of providers. Annuity and Insurance Agency 1050 Crown Pointe Parkway Atlanta, GA 30338. In 2020, Athene scored a 0.34, and in 2019, a 0.51. Allianz Benefit Control Annuity. Best. 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. We cant help everyone, but we do our best to always get back in touch within 24 hours. 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.? Withdrawals are based upon the Accumulated Value of the last Contract Anniversary. The values show what would happen if the stated index earned indexed interest using current rates for the periods indicated. 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. What would be a better fit if need income before? Over time, there can be a significant difference between these two figures. If you are looking at least 10 years out for lifetime income to begin, then Athene Agility might make a lot of sense for your long-term financial needs. When income is needed, the Agility shines in this area, too, as income payments may increase, based on the performance of the underlying index. The companys investment portfolio is well-diversified with 94% of its fixed maturity securities rated 1 or 2 the highest categories by the NAICs Securities Valuation Office. The account value is real money and what you could withdraw as a lump sum at the end of the . In addition to incurring a surrender charge from Athene, if you make such a withdrawal prior to turning age 59 1/2, then you could also be hit with an additional 10% early withdrawal charge from the IRS. 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. (And, unlike many fixed indexed annuities, the income rider on the Athene Agility 7 is added at no extra charge). For complete information about the cookies we use, data we collect and how we process them, please check our. Unbiased Allianz Benefit Control Annuity Review Annuity Gator, We are looking for a place to park $400k for 7-10 years. 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. Jackson National Perspective II Lifeguard Freedom Flex, Independent Review of the Athene Agility 10 Annuity Pros and Cons Explained | Updated April 2020, 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, 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, Indexed interest crediting strategies that are exclusive to Athene, A 20% initial bonus boost to the rider Benefit Base, A 175% market leading stacked growth to the Benefit Base, 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 Ten full years of purchasing the annuity, Do not intend to use the lifetime income feature of the annuity, Want to start receiving income within the first ten years of owning the annuity. 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