Friday, April 26, 2013

Athene Annuity Announces May Interest Rates

 

 

 

 

May 2013

New money rates on our ATHENE Choice Series FIAs and MYG annuities are off slightly for May, with most rates decreasing by 10 basis points. At Athene Annuity, we remain committed to offering innovative, highly competitive products despite an increasingly challenging market environment.

 

All rates effective May 4, 2013

See Current Rates

 

ATHENE Benefit 10sm Fixed Index Annuity with Enhanced Benefit Rider

 

Fixed Account
(Years 1-5)

Most States

MO, UT, PA

AP2P Cap
(S&P 500)

Most States

MO, UT, PA

MP2P Cap-Additive
(S&P 500)

Most States

MO, UT, PA

ATHENE Benefit 10

1.45%

1.15%

3.15%

2.65%

1.80%

1.55%

 

 

Premium Bonus
(10-yr vesting period)

Rollup Percentage

Rider Cost

Enhanced Lifetime Benefit Rider

6.00%

8.00%

1.40%

 

ATHENE Choice Series Fixed Index Annuities1

Immediate Premium Bonus

Fixed Account

Years

Rate

AP2P Cap (S&P 500)

1-Year MP2P Cap (S&P 500)

1-Year QP2P Cap (DJIA)

1-Year MAVG Cap (DJIA)

Enhanced Choice 8

2.00%

8

1.40%

4.70%

2.35%

2.20%

5.00%

Choice 10

N/A

1

1.90%

4.50%

2.75%

2.35%

5.00%

Enhanced Choice 12

5.00%

8

1.05%

4.00%

2.00%

1.85%

5.00%

 

ATHENE Income Riders

 

Income
Bonus

Rollup
Percentage

Rollup
Period

Rider
Cost

Guaranteed Lifetime Withdrawal Benefit Rider

1.00%

6.50%

10 Yrs

1.25%

Enhanced Guaranteed Lifetime Withdrawal Benefit Rider

1.00%

6.50%

10 Yrs

1.50%

 

ATHENE Traditional Multi-Year Guarantee Annuities (CA and DE only)

 

Guarantee
Period
(Yrs)

Yr 1
Rate

Yrs 2-7
Rate

Effective
Annual Rate

7 MYG

7

3.50%

2.50%

2.64%

 

ATHENE MaxRatesm Multi-Year Guarantee Annuities

 

Guarantee
Period
(Yrs)

Rate

Most States

CA

FL

 

MaxRate 5

5

2.50%

2.20%

2.40%

 

  Enhanced Liquidity

5

2.30%

N/A

2.20%

 

MaxRate 7

7

3.00%

2.70%

2.90%

 

  Enhanced Liquidity

7

2.75%

N/A

2.65%

 

 

Important Note:
In order to obtain April rates, complete application packages must be signed and dated 5/3/13 or earlier and be received in good order in our service center by May 10, 2013. Normal rate hold procedures apply.


Applications may be submitted by overnight mail to the following address:

Athene Annuity & Life Assurance Company
6425 Powers Ferry Road, Suite 300
Atlanta, GA 30339

 

For more information on our annuities and income riders, please contact our

Sales Desk at 855-4-ATHENE

 

* Non-guaranteed new money interest rates, cap rates and spread fees are subject to change at any time, normally monthly. Products/features may not be available in all states. These annuities contain limitations. See annuity contracts for complete details. (1)Choice Series: annual point-to-point (AP2P) cap will never be less than 2%. 1-year monthly point-to-point (MP2P) cap will never be less than 0.5%. 1-year quarterly point-to-point (QP2P) cap will never be less than 1%. 1-year monthly average cap will never be less than 5%. For new issues, a minimum guarantee of 1.00% currently applies to the Fixed Account until the end of the surrender charge period. The contracts' cash surrender value will never be less than 87.5% of the premium payment, less any premium taxes (if applicable) and withdrawals plus interest earned at 1%.

Dow Jones Industrial Average
is a service mark of Dow Jones & Company, Inc. Standard & Poor's 500® is a trademark of The McGraw-Hill Companies. Both have been licensed for use for certain purposes by Athene Annuity & Life Assurance Company. Annuities are not sponsored, endorsed, sold or promoted by Dow Jones or Standard & Poor's and Dow Jones and Standard & Poor's make no representation regarding the advisability of purchasing these annuities.

 

AN0006 (R05-13)

Athene Annuity

 

 

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