Just like other types of annuities, these products also offer tax-deferred earnings within the account and, there is the option to receive a lifetime income in retirement, regardless of how long you may need it. The guaranteed lifetime income for both the Athene Agility and the Allianz 222 have the ability to increase each year based on their market index gains. F&G Retirement Pro Annuity. All Rights Reserved | Privacy Policy, Please be as specific as possible. 1; 2; . Enhanced Death Benefit capped at 125% Cash Surrender Value or 250% net premium in AK, HI, NJ, PA, and WA. We make up a team of annuity professionals who have a primary focus on offering comprehensive yet non-biased annuity reviews online. Throughout the past decade or so, the volatility in the market has really made investors think twice about putting their hard-earned savings into an area that could wipe away years of planning within a very short time if experiencing a market correction. This can be beneficial in helping to keep incoming cash flow at, or even ahead of, the rate of future inflation. This holds true (somewhat) with the Athene Agility 10 year fixed indexed annuity. In addition, we also realize that the information about annuities can and often does change. Before we get too far into this review, we do want to be perfectly clear in stating that we believe that annuities can be a very viable financial option for some people provided that they fit in with your other short and long-term financial goals. Description. Jason has been a student of annuities since the age of 21 when was an intern for New York Life Insurance Company. 1 yr. 2 yr. 3 yr. 4 yr. 5 yr. 6 yr. 7 yr . Likewise, after the first contract year, the annuitant could qualify to access up to 100% of the accumulated value if he or she is confined to a nursing home for at least 60 consecutive days. What are other similar annuities to this one? It is not a recommendation to purchase or to sell an annuity. For additional information on how to compare fixed annuities so that you can decide which may be the best one for you, click here in order to obtain our free annuity report. The values show what would happen if the stated index earned indexed interest using current rates for the periods indicated. His mission is to help change the way annuities are bought and sold. Annuity contracts and group annuity contracts are issued by Athene Annuity and Life Company (61689), West Des Moines, IA, and Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware, in all states (except New York), and in D.C. and PR. The Annuity Gator. This 10 year, MLSB Index Merrill Lynch Strategic Balanced Index, BNPIMAD5 Index: A Multi Asset Diversified Index by BNP Paribas, State Guaranty Association Coverage Limits by State. You can selectively provide your consent below to allow such third party embeds. When considering the Athene Agility 10 annuity, though, you can be confident that the principal you have in the account is safe, regardless of what happens in the market or even in the economy overall. Nothing on this website is a recommendation to buy or sell an annuity. Another nice aspect is that your 10% no-charge withdrawals can be derived from the initial premium or the account value, whereas with the Allianz 222 Annuity it's only the former. Alternatively, this particular annuity may not be an ideal fit for you if you: In order to truly get an idea of whether or not a fixed indexed annuity such as the Agility 7 from Athene is right for you, click here so that you can access our free annuity buyers report. Fixed indexed annuities can offer some very nice advantages starting with the fact that they provide you with the opportunity to attain a higher return than a regular fixed annuity, yet the FIA will still protect your principal in any type of market environment. In this annuity review, we will be discussing the following details on the Athene Agility 7-year fixed indexed annuity: Annuities can be complex. One of the biggest reasons that consumers are so interested in fixed indexed annuities (FIAs) is because they can essentially offer the best of both worldsor at least it can appear that way. Insurance companies also change their products and information often and without notice. Quick View. Be sure to do your own due diligence, we recommend consulting with a properly licensed tax, legal or financial professional regarding any questions you may have prior to making any purchasing decision. We have heard many advisors say that you could take the free withdrawal from the Allianz 222 for years 8, 9, and 10. Agility | Fixed Indexed Annuity | Athene Allianz See all Allianz Annuities. We investigate and compare annuities, and in turn, provide our website visitors with the in-depth information that they may not receive from their insurance or financial advisor. The best annuity for you will be determined by your individual goals and objectives, but generally speaking, Allianz, Athene, and AIG are the best fixed index annuity companies. The term financial professional is not intended to imply engagement in an advisory business with compensation unrelated to sales. Hidden Fees in the Allianz 222 With Athenes experienced management team, the company has grown from a start-up just a decade ago, to a firm that holds nearly $150 billion in total GAAP assets, more than $117.5 billion in invested assets, and over $13 billion in total equity. ATHENE AGILITY. Reinsurers may not be licensed in all states. Variable annuities have these features too, they just don't offer quite as high guarantees as fixed type annuities at this time. Alternatively, this annuity may not be an ideal fit for you if you: In order to truly get an idea of whether or not a fixed indexed annuity such as the Agility 10-year annuity from Athene is right for you, click here so that you can access our free annuity buyers report. This insurer is rated as the number two carrier in fixed indexed annuity sales, and has been consistently for the past three years. Annuities are subject to the terms and conditions of the specific contract issued by the insurer, are not FDIC or NCUA insured, are not bank guaranteed, may lose value, and are not a deposit. Annuities are subject to the terms and conditions of the specific contract issued by the insurer, are not FDIC or NCUA insured, are not bank guaranteed, may lose value, and are not a deposit. We look forward to hearing from you. Prior to committing to the purchase of any type of insurance and/or investment vehicle, it is critical that you do your own due diligence, and that you also talk with a properly licensed professional if you have any questions that relate to your specific situation. Values shown are not guaranteed unless specifically stated otherwise. We also use content and scripts from third parties that may use tracking technologies. We realize that this annuity review ran a tad bit on the long side, however, we feel that providing you with too much information is far better than not giving you enough. Heres how the annuity might look over a 30-year period. Her goal. . Interest Only. This field is for validation purposes and should be left unchanged. Oct17: Updated Allianz 360 Payout Table (Opt1-Level & Opt2-Increasing) Oct14: Corrected Allianz 360 Interest Bonus (Opt1-Level & Opt2-Increasing) Oct6: Updated Allianz 222 Income Rider to a 30% bonus Oct4: Updated the Athene AscentPro (Option1 / Level) Payout Table. Download: Athene Agility 10 Rates & Product Guide. No-Fee Enhanced Benefits | The Annuity Expert For example, in addition to knowing that it can be costly to change your mind, you should also consider why you may be choosing one fixed indexed annuity over a long list of other products that may also suit your particular financial needs. In 2021, Athene Annuity & Life Company received an overall NAIC complaint index of 0.10, well below the 1.0 average. If this is your first visit to our website, we would like to formally welcome you to Annuity Gator. We investigate and compare annuities, and in turn, we provide our website visitors with the in-depth information that they may not receive from their insurance or financial advisors. ConfinementAfter the first Contract Year, you can withdraw up to 100% of your annuitys Accumulated Value if the Annuitantis confined to a Qualified Care facility for at least 60 consecutive days and meets the eligibility requirements. Her plan is to retire between the ages of 60 and 65. F&G; MYGA markets aren't great right now, so we're suggesting advisors consider looking at 5 year FIA as alternatives. But, before you run out and commit to this annuity or to any annuity it is highly recommended that you first attain a good understanding of how the annuity works, and how it may (or may not) work for you. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. Allianz 222 Fixed Index Annuity Request Info. So, if you felt that this annuity review was helpful, then please feel free to pass it along and share it with anyone else who you think might also benefit from it. This annuity review will give you a good running start. I did notice a possible error. It could also be that you have recently attended an annuity seminar where, in return for a free dinner or lunch, the presenter had your attention while he or she described the Athene Agility 7-year fixed indexed annuity. We have made the necessary edits to the article. If you have been thinking about buying an annuity so that you can lock in tax-deferred growth with your savings, as well as a guaranteed lifetime income in the future, then the Fixed-Indexed Athene Agility 10 annuity may be a viable option for you. Rates and annuity payout rates are subject to change. ANNUITIES ARE PRODUCTS OF THE INSURANCE INDUSTRY AND NOT GUARANTEED BY ANY BANK NOR INSURED BY FDIC OR NCUA/NCUSIF. Athene Agility 10 Annuity: A Trusted, Objective Review in 2020 Thank you for your answer! This material should not be interpreted as a recommendation by Athene Annuity and Life Company, Athene Annuity & Life Assurance Company, Athene Annuity & Life Assurance Company of New York, or Athene Securities, LLC. However, even though this best of all worlds scenario initially seems very appealing, these benefits can also come at a cost. Athene Agility 10 is a 10-year fixed index annuity that boasts a free income rider with 2 options available at the time of issue. The Athene Agility 10 has quickly become one of the best-selling indexed annuities and for good reason. . You can withdraw up to 100% of your annuitys Accumulated Value if the Annuitant is diagnosed with a Terminal Illness that is expected to result in death within one year and you meet the eligibility requirements. It could also be that you have recently attended an annuity seminar where, in return for a free meal, the presenter had your attention while he or she described the Athene Agility 10 Year fixed indexed annuity. These charges are set up as follows: In addition to incurring a surrender charge from Athene, if you make such a withdrawal prior to turning age 59 1/2, then you could also be hit with an additional 10% early withdrawal charge from the IRS. But even so, the only way to really know if the Athene Agility 10 annuity is right for you is to have it tested. Annuity Gator, For instance, with this product, your income could increase each year, depending on the index strategies that you chose. The income payment from this annuity is guaranteed for the annuitants life. Multi-year guarantee annuity. It happened to me on Thursday morning when I found about the hidden fees in the Allianz 222. Not available in all states. Athene Agility is designed to deliver strong income and growth potential plus liquidity. We would be happy to help with any of the questions you have regarding the Athene Performance Elite Plus 7. When evaluating an annuity it is always important to consider the insurersfinancial strength because an annuitys guarantees are backed by the claims-paying ability of the issuing insurance company. With that in mind, a financial advisor is likely to focus on this best of all worlds scenario when presenting this product to you.
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