Thursday, March 10, 2016

Additional Liquidity for Athene Benefit 10!

 

Free Withdrawal provisions improved Effective March 19, 2016

Athene  Driven to do more.®

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RMDs, Legacies... and now Liquidity!

We're making a great story even better on the Athene Benefit 10SM FIA.

Effective March 19, 2016, all products will now offer 10% free partial withdrawals in all years!

Free Partial Withdrawals

Year 1

Year 2+

Athene Benefit 10
Athene Benefit 10 Select
Athene Benefit 10 Pro

Current

0%

5%

New

10%

10%

 

 

In addition to improving the Free Withdrawal provision, we've also made the following changes:

  • Increased the Enhanced Benefits Rider True-Up Period from 5 years to 10 years.
  • Adjusted the credited interest rates for all strategies as follows:

Rates

1 Year Point to Point (cap)

1 Year Monthly (cap)

Fixed

Athene Benefit 10
Athene Benefit 10 Select
Athene Benefit 10 Pro

Current

4.00%

1.80%

2.00%

New

3.50%

1.50%

1.50%

Application deadlines

  • Applications with cash received by Athene no later than 4 pm Central time on March 18, 2016 will be issued as applied for.
  • Non-cash applications (e.g. 1035 exchanges, IRA rollovers) received by Athene no later than 4 pm Central time on March 18, 2016 will be issued as applied for if funds are received no later than 4 pm Central time on May 2, 2016.
  • Applications received after 4 pm Central time on March 18, 2016 will be issued with the new rates.

Applications may be submitted electronically using the Document Upload Tool on Athene Connect. They can also be submitted by overnight mail to the following address:

Athene Annuity and Life Company
7700 Mills Civic Parkway
West Des Moines, IA 50266-3862

 

 

New and improved resources to help you sell Athene Benefit 10

  • Visit Maximizing a Legacy RMD: A new sales tool that shows how to make the most out of qualified assets.
  • Sam's Journey video: Takes you through a hypothetical example of how Athene Benefit 10 with Enhanced Benefits Rider could work for your client.

 

 

Learn more about this product.

Thank you for your business. If you have any questions, please contact the Sales Desk at 888‑ANNUITY (888‑266‑8489).

 

 

 

Athene Benefit 10 Fixed Indexed Annuity with Enhanced Benefits Rider [GEN10 (04/14), TBS10 (09/12) SR, TBS10 (04/14) SR, TBS10 (09/12) NB, EBR (04/14)] issued by Athene Annuity and Life Company, West Des Moines, IA. Product features, limitations and availability vary; see the Certificate of Disclosure for details. Product not available in all states.

 

 

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© 2016 Athene, 7700 Mills Civic Pkwy, West Des Moines, IA 50266, USA

For agent use only. Not to be used with the offer or sale of annuities. Annuities issued by Athene Annuity and Life Company, West Des Moines, IA.

In the state of New York, annuities issued by Athene Annuity & Life Assurance Company of New York, Nyack, NY.

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