Athene Annuity Lowers Interest Rates on MYGAs and select FIAs

 

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December, 2013 We are adjusting new money rates on select Athene Annuity products effective December 9, 2013, with rates decreasing on our ATHENE Accumulator 5sm FIA and ATHENE MaxRate® MYGAs. Other Athene Annuity products, including our ATHENE Benefit 10sm and ATHENE Choice Series FIAs, remain unchanged.   All rates effective 12/9/13   Important Note: In order to obtain November rates, complete application packages (no faxes or emails of scanned paperwork) must be received in good order in our service center by December 6, 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%. 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 (R12-13)   FOR PRODUCER USE ONLY. NOT TO BE USED WITH THE OFFER OR SALE OF ANNUITIES. This e-mail was sent to: JESSE@SCHAEFERFINANCIALGROUP.COM This e-mail was sent by: Athene Annuity & Life Assurance Company 400 Brookfield Parkway Greenville, SC, 29607, USA Manage Subscriptions to tell us what types of emails you'd like to receive. Update Profile to let us know your product preferences or unsubscribe from ALL Athene Annuity e-mail lists.

 

Athene Annuity Raises Rollup Rate on ATHENE Benefit 10 Enhanced Benefit Rider

 

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Important Notice Rollup Rate Increase Effective November 8, 2013   ATHENE Benefit 10sm Enhanced Benefit Rider Current Rollup Rate: 7.50% Effective 11/8/13: 8.00%   Great news! Effective Friday, November 8, we're increasing the rollup rate on our ATHENE Benefit 10sm FIA's Enhanced Benefit Rider* by 50 basis points. The new 8.00% rate will apply to business issued beginning 11/18/13. Visit our Sales Resource Center now for complete product info and availability. A competitive rollup rate is just one reason to offer ATHENE Benefit 10 to your clients. Need more? Let's talk! November 8, 2013   All rates as of 11/8/13 and subject to change. This contract contains exclusions, limitations and charges. Please see agent spec sheet, consumer brochure and product disclosure for complete details. The Enhanced Benefit Rider is included with the ATHENE Benefit 10 product. A charge for the Rider is deducted from the accumulation value at the end of each contract year. The rider may be terminated upon written request. Termination will result in a loss of features, including the Premium Bonus. Rider benefits not available in all states. In Texas, the rider is known as Guaranteed Living Benefit with Enhanced Benefits Rider. The ATHENE Benefit 10 Fixed Index Annuity is a single premium deferred annuity issued by Athene Annuity & Life Assurance Company, Wilmington, DE on policy form BFIA-CIO and BFIA-R in all approved states. Guarantees are based on the claims-paying ability of the insurance company. Withdrawals prior to age 59½ may be subject to a 10% IRS penalty. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); 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. The S&P 500 is a product of S&P Dow Jones Indices LLC and has been licensed for use by Athene Annuity. [Insert name of product] is 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).

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



This e-mail was sent by: Athene Annuity & Life Assurance Company
400 Brookfield Parkway
Greenville, SC, 29607, USA

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