The Athene Performance Elite Plus 10 annuity is a standout fixed indexed annuity.
The Athene Performance Elite Plus 10 annuity is a standout fixed indexed annuity designed for investors seeking growth potential, principal protection, and enhanced liquidity options. Issued by Athene Annuity & Life Company, a highly rated insurer and a leading provider in the annuity marketplace, this product offers a blend of flexibility and competitive features aimed at long-term retirement planning.
Key Features & Advantages
- Premium Bonus
Depending on your state of residence, the Athene Performance Elite Plus 10 offers a competitive upfront premium bonus added to your contract value at issue. Bonus amounts vary by state and product availability and are subject to vesting and rider charges. This bonus can provide an immediate increase to the annuity’s accumulated value, enhancing long-term growth potential when held as designed.
- Growth Potential Through Indexing
This annuity uses a fixed indexed structure, meaning interest is credited based on the performance of market indexes such as the S&P 500®, subject to caps, participation rates, or spreads. Investors can benefit from market-linked growth during positive periods while avoiding direct exposure to market losses.
- Principal Protection
One of the most appealing aspects of the Athene Performance Elite Plus 10 is its downside protection. Your principal and credited interest are protected from market declines, making this annuity suitable for investors who want growth opportunities without risking losses due to market volatility.
- Liquidity Options
While the Performance Elite Plus 10 is a long-term product with a 10-year surrender charge period it includes enhanced liquidity features:- Up to 10% of the accumulated value may be withdrawn annually without surrender charges.
- If no withdrawal is taken in a given year, up to 20% may be available the following year.
- An annual liquidity rider charge applies during the surrender period and should be considered when evaluating long-term performance.
- A.M. Best Rating
Athene Annuity & Life Company holds an A+ (Excellent) rating from A.M. Best, reflecting the insurer’s strong financial position and ability to meet its policyholder obligations. Athene also maintains strong ratings from other major agencies, providing added confidence in the company’s long-term stability.
Who is it Best Suited For?
The Athene Performance Elite Plus 10 annuity may be well suited for:
- Investors who want market-linked growth with protection from downside risk
- Annuity owners looking to refinance their Annuity owners considering a 1035 exchange from an underperforming annuity, where the bonus may help offset surrender charges (state and individual circumstances vary)annuity can benefit from the large bonus, which can cover surrender charges
- Pre-retirees or retirees seeking long-term accumulation with principal protection
- Conservative investors looking for alternatives to traditional fixed-income options such as CDs or bonds
- Individuals nearing retirement who want the option to convert accumulated value into guaranteed income in the future
- Tax-conscious investors who value tax-deferred growth, allowing earnings to compound over time
Final Thoughts
The Athene Performance Elite Plus 10 annuity delivers a compelling mix of growth potential, security, and flexibility. Its premium bonus, indexed interest strategies, and enhanced liquidity options make it a strong consideration for investors focused on protecting retirement assets while pursuing long-term accumulation. Backed by Athene’s strong financial ratings, this product remains a competitive choice for those seeking stability and opportunity within a fixed indexed annuity framework.
