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 offering a whopping 18% premium bonus as part of its enhanced liquidity rider. It’s designed for investors seeking growth potential, protection, and a customizable strategy to achieve long-term financial goals. Issued by Athene, an A+ rated insurance company and a leading provider in the annuities market, this product combines flexibility and competitive features to suit a variety of financial planning needs.
Key Features & Advantages
- Premium Bonus
Depending on your state of residence, this product often offers an 18% premium bonus as a percentage of your initial contribution. This bonus can provide an immediate boost to your contract value, enhancing your long-term growth potential.
- Growth Potential Through Indexing
This annuity leverages a fixed indexed structure, meaning its performance is tied to market indexes like the S&P 500® and other crediting strategies. Investors benefit from potential upside growth in strong market conditions while avoiding downside risk during market downturns due to its principal protection feature.
- Principal Protection
One of the most attractive aspects of the Athene Performance Elite Plus 10 annuity is that your initial premium and credited earnings are protected from market losses. This makes it ideal for those who want growth without exposing their retirement savings to significant risk.
- Liquidity Options
While the Performance Elite Plus 10 is a long-term product with a 10-year surrender period, it provides opportunities for 10% penalty-free partial withdrawals.. This flexibility ensures you can access funds if unexpected needs arise.
- A.M. Best Rating
Athene boasts a strong A+ (Excellent) rating from A.M. Best, underscoring the company’s financial strength and ability to meet its ongoing obligations to policyholders. This provides investors with peace of mind that their annuity is backed by a reputable and secure insurer.
Who is it Best Suited For?
The Athene Performance Elite Plus 10 annuity is best suited for:
- Investors who want to lock in their market gains with downside protection
- Annuity owners looking to refinance their underperforming annuity can benefit from the large bonus, which can cover surrender charges
- Pre-retirees or retirees looking for long-term growth with total protection from market downturns.
- Conservative investors who value principal preservation while seeking better returns than traditional fixed-income investments like CDs or bonds.
- Individuals nearing retirement who desire a guaranteed income stream to supplement Social Security or pensions.
- Tax-conscious investors who want tax-deferred growth, enabling their money to compound more efficiently.
Final Thoughts
The Athene Performance Elite Plus 10 annuity offers a compelling combination of growth potential, security, and flexibility. Its premium bonus and guaranteed income options make it a strong contender for investors seeking to maximize retirement savings while safeguarding their assets. Coupled with Athene’s excellent financial strength rating, this product is a reliable and competitive choice for those planning their financial future.
