Athena Agility 10 Review | my annuity business (2023)

Athene Agility 10 Unbiased Review

The Athene Agility 10 has quickly become one of the best selling index annuities and for good reason. this 10 year fixed index annuitycomes with many built-in features for free; However, as good as it is, it is not for everyone.

In this Athene Agility 10 review, we will cover:

  • Athene Financial Ratings
  • Agility 10 product highlights
  • Enhanced Income Benefit
  • Athene Agility 10 Accreditation Fees and Strategies
  • historical rate of return
  • Athene Agility 10 pros and cons

Is Athene a good annuity company?

Athena Agility 10 Review | my annuity business (1)

Athene Annuity and Life Insurance Companyis a solid insurance company with an A rating from AM Best; they are also a major player in the US annuity market.

When valuing an annuity, it is always important to consider thefinancial strengthbecause the guarantees of an annuity are backed by the claims-paying capacity of the issuing insurer.

Athenspasses this test with strong financial scores and is ranked #1 overallannuity sales indexem 2020.

So without further ado; Let's dive into our Athene Agility 10 review.

Athene Annuity RatingsClassification
AM. best gradeA
Fitch RatingsA
Comdex78
standard and poorA

Agility 10 Annuity Rates and Rates

The Athene Agility 10 is a fixed index annuity with a 10-year contract term. One of the things we really like is that Athene Agility 10 offers annual and two-year annual reset options:

#1.Annual Point to Point

#two. two years point to point

It has a participation fee and a limit.index accreditation strategiesas well as a fixed interest option.

Credit ratings and options

BNP Paribas Diversified Multiactive Index 5
  • Unlimited 2-year peer-to-peer index strategy (nominal fee)
  • Peer-to-peer index strategy with no 1 year cap (nominal fee)
Nasdaq FC Index
  • Unlimited 2-year peer-to-peer index strategy (nominal fee)
  • Peer-to-peer index strategy with no 1 year cap (nominal fee)
Al-Driven US Equity Index
  • Unlimited 2-year peer-to-peer index strategy (nominal fee)
  • Peer-to-peer index strategy with no 1 year cap (nominal fee)
S&P 500®
  • 2 Year Peer to Peer Index Strategy (Cap)
  • 1 year point-to-point index strategy (Cap)
fixed account

Download:Athene Agility 10 Pricing and Product Guide

related reading

(Video) Annuity Review - Athene Agility - Fixed Index Annuity

Explanation of the annual peer-to-peer accreditation method

January 24, 2023

Fixed Index Annuity Rates March 2023

March 3, 2023

Athene Agility historical performance

BNP Paribas Multi-Asset Diversified 5 2-Year Peer-to-Peer Index

Next, we'll look at Agility 10's historical rates of return; to remember,hypothetical illustrationsthey are not guaranteed. I show an illustration of Athene Agility 10 with a starting prize of $50,000 in:

  • $ 50.000 no2 yearsBNPMultiactive ParibasPTP: 90%

This is how the annuity could have been for 3 different 10 year periods. The values ​​show what would happen if the indicated index earned indexed interest using the prevailing rates for the indicated periods.

The annualized credited rate does not reflect any additional or contractual charges.

  • 5,23%for the most recent 10-year period
  • 5,65%for the longest period of 10 years
  • 4,71%for the shortest period of 10 years

Athena Agility 10 Review | my annuity business (5)

Athene Agility Historical Performance: 2 Year Nasdaq FC Rate Pair

Below are tables of an Athene Agility 10 illustration that places a starting prize of $50,000 on:

  • 2 yearsNasdaq FC IndexPTP participation rate: 62%

This is how the annuity could have been for 3 different 10 year periods. The values ​​show what would happen if the indicated index earned indexed interest using the prevailing rates for the indicated periods.

The annualized credited rate does not reflect any additional or contractual charges.

  • 6,19%for the most recent 10-year period
  • 6,19%for the longest period of 10 years
  • 2,21%for the shortest period of 10 years

Athena Agility 10 Review | my annuity business (6)

More indexed annuity rates

Get an Athene Agility Annuity Quote

Fill out the form below to receive a free annuity quote within 4 business hours, or use one of ourannuity calculators.

(Video) Athene Agility Annuity Review

Athene Agility 10 Annuity Product Details

Athene Agility 10 comes with a 10-year warrantyfixed index annuitywhich has a free income clause with 2 options available at the time of issuance.

Flexible rewards:

Not available

Maximum:

$1,000,000 Higher limits may be available with headquarters approval

Minimum:

$ 10.000

Types of foundations:

    • not rated
    • 401k
    • profit sharing
    • IRA
    • IRA renewal
    • TSA 403b
    • 1035 exchange

AGE RESTRICTIONS

Owner: 40 –80

They agree: 40-80

Owner:

40-80

They nod their heads:

40-80

TAXA:Athene Agility 10 has no fees

PREMIUM NOTES

Minimum:$5,000 in AK, HI, MN, MO, NJ, OR, PA, TX, UT and WA

Terminal illness:

You can withdraw up to 100% of your annuity accrual amount if the beneficiary is diagnosed with a terminal illness expected to die within one year and you meet the eligibility requirements.

This waiver is available after your first contract anniversary. You may not be diagnosed during the first year of your contract. Additional limitations, status variations and exclusions may apply. See Certificate of Disclosure for more information.Information.

Lockdown
After the first contract year, you can withdraw up to 100% of the accumulated value of your annuity if the annuity is confined to a qualified nursing facility for at least 60 consecutive days and meets the eligibility requirements.

Labor must begin after the first year of the contract. Additional limitations, status variations and exclusions may apply. See Certificate of Disclosure for more information.

rescue
If Athene lowers the maximum stated rate of the 1-Year Peer-to-Peer Index Strategy below the maximum redemption rate, you will have full access to the accrued value of your annuity at no charge until 30 days after the anniversary of the contract in which you rate it. of rescue cap was pierced.

After the 30-day redemption window, all charges may apply.

LIST OF DELIVERY CHARGES

1 year 2 years 3 years 4 years 5 years 6 years 7 years 8 years 9 years 10 years

9% 9% 8% 7% 6% 5% 4% 3% 2% 1%

Athene Agility 10 Income Schedule included at no cost

Lifetime Income Base Bonus

How is the lifetime income value of Athene Agility 10 determined?

Your benefit base will continue to receive interest credits even while you receive your "retirement check".

Prior to income initiation, your Benefit Base will increase by 175% of any Interest Credits added to the Earned Amount of your annuity.

Once you start earning your retirement paycheck, your benefit base will continue to grow by 175% of any interest credits you earn. This provides you with an enhanced death benefit.

the basis of benefitsis equal to the Initial Premium plus the Base Benefit Bonus amount. On each Anniversary, 175% of the dollar amount credited to the Accrued Value will be credited to the Benefit Base.

(Video) Athene Agility Annuity

During the Entry Phase, the Benefit Base will continue to grow by 175% of the dollar amount credited to Earned Value.

Improved death benefit
The benefit base is paid in equal payments during the currently claimed death benefit payment period. The Death Benefit Payment Period is currently set at five years and is guaranteed not to exceed ten years.

Enhanced Death Benefit limited to 125% of Cash Redemption Value or 250% of Net Premium in AK, HI, NJ, PA and WA.

Availability and eligibility of increased income benefits
To qualify for the Enhanced Income Benefit, the person on whom Lifetime Income Withdrawals are based must have been admitted to a Skilled Nursing Facility for 180 of the last 250 days.

The lifetime income withdrawal amount will double if the requirements are met and the earned amount is greater than zero. Not available in all states.

Athene Agility 10 Income Payments

Below are tables of a $100,000 Athene Agility 10 illustration that places a $50,000 premium on each of these 2 credit options:

  1. 2-Ano Nasdaq F.CTasa PTP: 62%
  2. 2 yearsBNPMultiactive ParibasPTPBowl: 90%

The annuity was purchased at age 55 and the annuity payments are deferred for 10 years; the number is for one-time annuity payments.

Hypothetical income at age 65

This is what the annuity might look like over a 30 year period. The values ​​show what would happen if allocations earned interest using current rates across all years. Index interest is based on the actual performance of the index over the most recent 10 calendar year period in the first 10 years. We repeat the performance of the index for this period 10 years later.

Age

annual payment

account value

Interest

Income
Base

65-66

$ 12.381

$ 162.061

0%

$ 237.156

66-67

$ 12.381

$ 159.513

6,88%

$ 219.038

67-68

$ 13.233

$ 146.281

0%

$ 200.868

68-69

$ 13.233

$ 159.576

19,96%

$ 182.697

69-70

$ 15.874

$ 143.702

0%

$ 164.523

70-71

$ 15.874

$ 131.314

2,7%

$ 146.349

71-72

$ 16.303

$ 115.011

0%

$ 128.180

72-73

$ 16.303

$ 106.841

8,48%

$ 110.010

73-74

$ 17.686

$ 89.155

0%

$ 91.800

74-75

$ 17.686

$ 87.902

22,78%

$ 73.589

75-76

$ 21.715

$ 66.187

0%

$ 55.410

76-77

$ 21.715

$ 47.256

6,88%

$ 37.231

77-78

$ 23.209

$ 24.047

0%

$ 18.946

78-79

$ 23.209

$ 1.006

19,96%

$ 661

79-80

$ 27.841

$ 0

0%

$ 0

80-81

$ 27.841

$ 0

2,7%

$ 0

81-82

$ 28.594

$ 0

0%

$ 0

82-83

$ 28.594

$ 0

8,48%

$ 0

83-84

$ 31.019

$ 0

0%

$ 0

Guaranteed income at age 65

This is what the annuity might look like over a 30 year period. The values ​​show what would happen if the indexed allocations yielded zero indexed interest and the fixed allocation yielded the guaranteed minimum fixed rate every year.

Age

annual payment

Account
Valentina

Interest

Income
Base

55-56

$ 0

$ 100.000

0%

$ 125.000

56-57

$ 0

$ 100.000

0%

$ 125.000

57-58

$ 0

$ 100.000

0%

$ 125.000

58-59

$ 0

$ 100.000

0%

$ 125.000

59-60

$ 0

$ 100.000

0%

$ 125.000

60-61

$ 0

$ 100.000

0%

$ 125.000

61-62

$ 0

$ 100.000

0%

$ 125.000

62-63

$ 0

$ 100.000

0%

$ 125.000

63-64

$ 0

$ 100.000

0%

$ 125.000

64-65

$ 0

$ 100.000

0%

$ 125.000

65-66

$ 6.063

$ 93.938

0%

$ 117.422

66-67

$ 6.063

$ 87.875

0%

$ 109.844

67-68

$ 6.063

$ 81.813

0%

$ 102.266

68-69

$ 6.063

$ 75.750

0%

$ 94.688

69-70

$ 6.063

$ 69.688

0%

$ 87.109

70-71

$ 6.063

$ 63.625

0%

$ 79.531

71-72

$ 6.063

$ 57.563

0%

$ 71.953

72-73

$ 6.063

$ 51.500

0%

$ 64.375

73-74

$ 6.063

$ 45.438

0%

$ 56.797

74-75

$ 6.063

$ 39.375

0%

$ 49.219

75-76

$ 6.063

$ 33.313

0%

$ 41.641

76-77

$ 6.063

$ 27.250

0%

$ 34.063

77-78

$ 6.063

$ 21.188

0%

$ 26.484

78-79

$ 6.063

$ 15.125

0%

$ 18.906

79-80

$ 6.063

$ 9.063

0%

$ 11.328

80-81

$ 6.063

$ 3.000

0%

$ 3.750

81-82

$ 6.063

$ 0

0%

$ 0

82-83

$ 6.063

$ 0

0%

$ 0

83-84

$ 6.063

$ 0

0%

$ 0

84-85

$ 6.063

$ 0

0%

$ 0

Pros and Cons of Athene Agility 10

Benefits

  • 5 differentIndexeschoose from
  • Unlimited credit options available on 4 of the indices
  • Annual point-to-point and two-year point-to-point options available for diversification
  • Innovative indices AiPex, BNPMAD5 and Nasdaq FC
  • Athene is a solid and financially stable insurer
  • Improved death benefit at no cost
  • No cost enhanced income benefits
  • All attachments are integrated free of charge (no charge)

CONTRAS

  • Backtesting's hypothetical rate of return is not as good as other annuity products, including Athene's.Elite 7 performance.
  • You must wait at least 10 years to activate the lifetime annuity clause.
  • The income clause is mandatory.
  • A 25% premium bonus applies to the benefits base only
  • To qualify for Enhanced Lifetime Income Withdrawals, you must be confined to a qualifying care facility for 180 of the past 250 days. (cannot be used for home health cases as you can in theAscending Athens Pro 10)

Athene Agility 10 Review: Final Thoughts

I'll end my Athene Agility 10 review with some final thoughts. Agility 10 is not a large annuity if your goal is safe accumulation. The threshold and participation fees are lower than other Athene membership products.

Also, the Athene Agility 10 has a 10 year contract term and I suggest staying in the 5-7 year range for accrual.

This is a great option if you are under age 60 and plan to use this annuity as part of your retirement income plan.

In short: I would not recommend the Athene Agility 10 if you are looking for an annuity to safely and consistently grow your money. If you plan to turn this part of your portfolio into a lifetime income stream, Agility 10 is possibly the best option available (Allianz 222also receives consideration).

(Video) Athene s Agility Annuity

More reviews of Athene Annuity

Nasdaq FC Index (BOFANFCC) | Annuities in Athens

Athene Ascent Pro 10 review

Athene AccuMax Review

BNPIMAD5 Index: A multi-asset diversified index from BNP Paribas

Athene Amplify Annuity Review

Athene Performance Elite 7 review

Fixed Index Annuity Gets Artificial Brain | AiPex Index

This is an independent review of the Athene Agility 10, not a recommendation or solicitation to buy or sell an annuity. Athene Annuity and Life Company does not endorse this product review in any way and we receive no compensation for it.

Be sure to do your own due diligence, we recommend consulting a duly licensed tax, legal or financial professional with any questions you may have before making a purchase decision.

Values ​​shown are not guaranteed, unless otherwise stated. Dues and dues payment fees are subject to change. Actual values ​​may be greater or less than displayed values. The illustration is not valid without the 18 pages and the statement of understanding. Not available in all states.

Annuities are subject to the terms and conditions of the specific contract issued by the insurer, are not insured by the FDIC or NCUA, are not bank guaranteed, may lose value, and are not a deposit. Call (855) 583-1104 if you have any questions or concerns.

Videos

1. Athene Ascent Pro - Athene Ascent Pro Annuity Review
(Annuity Reviews)
2. Annuity Review - Athene Performance Elite - Fixed Index Annuity
(Annuity Association)
3. Dave, Can You Clarify What A Fixed Index Annuity Is?
(Ramsey Everyday Millionaires)
4. Athene Annuity Review - Reviews about Athene Annuities
(retiresharp)
5. Athene Ascent Pro Bonus Annuity
(Global America Financial)
6. Product Alert: Athene Ascent Accumulator 10
(Annuity FYI)

References

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