Thursday, December 26, 2013

Athene Annuity Lowers Interest Rates on Select FIAs

 

 

 

 

January, 2014

We are adjusting new money rates on select Athene Annuity products effective January 6, 2014, with rates decreasing on our ATHENE Accumulator 5sm and ATHENE Choice Series FIAs.

Other Athene Annuity products, including our ATHENE Benefit 10sm FIA and ATHENE MaxRate® MYGAs, remain unchanged.

 

All rates effective 1/6/14

January 2014 Rates Effective 01/6/14

 

Important Note:
In order to obtain December rates, complete application packages must signed and dated 1/3/14 or earlier and be received in good order in our service center by January 10, 2014. 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%.

Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P Marks are trademarks of S&P and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates and sublicensed for certain purposes by Athene Annuity & Life Assurance Company. Dow Jones Marks are trademarks of Dow Jones and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates and sublicensed for certain purposes by Athene Annuity. The S&P 500 is a product of S&P Dow Jones Indices LLC and has been licensed for use by Athene Annuity. These products are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, or their respective affiliates, and neither S&P Dow Jones Indices LLC, Dow Jones, S&P, their respective affiliates make any representation regarding the advisability of investing in such product(s).

 

AN0006 (R01-14)

Athene Annuity

 

 

This e-mail was sent to: JESSE@SCHAEFERFINANCIALGROUP.COM



This e-mail was sent by: Athene Annuity & Life Assurance Company
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