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.
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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). |