athene agility 10 vs allianz 222
7%. Heres how the annuity might look over a 30-year period. Enhanced Income Benefit Availability and QualificationTo qualify for the Enhanced Income Benefit, the person for whom Lifetime Income Withdrawals are based must be confined to Qualified Care Facility for 180 out of the last 250 days. The Athene Agility 10 is a fixed index annuity with a 10-year contract term. Athene: Agility 10, Ascend Pro 10, & Performance Elite; Lincoln: OptiBlend Series; Global Atlantic: Choice Accumulation; SPIA. This annuity would not be a good fit if you planned to start the lifetime income before 10 years. One of the biggest reasons that consumers are so interested in fixed indexed annuities (also referred to simply as FIAs) is because these products can essentially offer the best of both worldsor at least it can appear that way. We can assist you with that by running it through our annuity calculator, using your particular financial figures. ATHENE AGILITY. allianz offers a free look period but it doesn't state how long it is online. Athene Annuity and Life Company have not endorsed this product review in any fashion and we dont receive any compensation from it. It also includes a built-in income and death benefit rider at no additional charge. Withdrawals in excess of the free amount are subject to a Withdrawal Charge which may result in the loss of principal if taken during the Withdrawal Charge Period. If you plan to turn this portion of your portfolio into a lifetime income stream, Agility 10 is quite possibly the best option available (Allianz 222 also gets consideration). We also use content and scripts from third parties that may use tracking technologies. The highest guaranteed income for life. Prior to starting income, your Benefit Base will increase by 175% of any Interest Credits that are added to your annuitys Accumulated Value. It gives you accumulation potential now (with two ways to get a bonus), 1 plus options to customize your income later. If this is the first time you have been here to our website, we would like to personally welcome you to Annuity Gator. Athene USA services customers in all 50 of the United States. 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. Yet at the same time, historically low interest rates in the U.S. over the past ten years or so have not provided investors anywhere near the returns they need in order to beat or even meet future inflation. Not to be used with the offer or sale of annuities. As an extra added bonus, FIAs can also provide you with the ability to receive a guaranteed income for the remainder of your life (as well as that of a spouse or partner, if applicable) regardless of how long that income may be needed. It has a participation rate and capped index crediting strategies as well as a fixed-interest option. List all products in the following category: annuities that write 81-85. Especially in light of the fact that the Allianz 222 is oftentimes directly compared to this Athene annuity. Due to our experience and longevity in this area, we have become quite good at what we do, and weve actually come to be known as a highly trusted source of annuity information on the Internet. Annualized Credited Rate does not reflect anyrider or contract charges. If you selected the annual point-to-point crediting option, you would receive 2.25. The Athene Agility 10 Year Fixed Indexed annuity could work for you if you are looking for: This product can also provide an opportunity for individuals who have various health issues (and in turn, who may not qualify for a traditional, standard life insurance policy) to secure death benefit protection through the annuity. Her plan is to retire between the ages of 60 and 65. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. So, be sure to check back soon and regularly to see all of our new and updated annuity reviews. My Annuity Store, Inc. is a licensed fixed annuity producer and does not advise clientson the purchase of non-fixed annuity products. We appreciate your clarification on this specific annuitys initial bonus boost. An index may not include dividends paid on the underlying stocks, and therefore may not reflect the total return of the underlying stocks; neither an index nor any market-indexed annuity is comparable to a direct investment in the equity markets. It may even have been your attendance at that event that has led you online, on a quest for more information. 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. Additional limitations, state variations, and exclusions may apply. SIPS Maintenance - Oct 2022. One of the things we really like is the Athene Agility 10 offers annual and two-year annual reset options: It has a participation rate and capped index crediting strategies as well as a fixed-interest option. During the Income Phase, the Benefit Base will continue to grow 175% of the dollar amount credited to the Accumulated Value. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Please feel free to contact us directly, toll-free, at (888) 440-2468 to chat with one of our annuity specialists or visit http://annuitygator.com/contact/, We look forward to hearing from you. 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. Annuities are a popular tool for retirement planning, offering the opportunity for tax-deferred investing gains and guaranteed income streams. Please feel free to contact us directly, toll-free, at (888) 440-2468 to chat with one of our annuity specialists or visit https://annuitygator.com/contact/ The account value is real money and what you could withdraw as a lump sum at the end of the . As with other annuities, your earnings can compound tax-deferred, so you can continue to build the funds in the account without the need to pay Uncle Sam each year (until the time of withdrawal). Reinsurers may not be licensed in all states. Contact your back office or the Athene Sales Desk for product availability. The FIA products also allow you to get income for life, so you can alleviate any worry about running out of income in retirement. Granted we dont know what the markets will do, but if we did have an extended period where they did not perform, then Athene would give you a higher lifetime income. Levels for the Index before August 12, 2014, represent hypothetical data determined by the retroactive application of a back-tested model, Home Annuity Reviews North American Income Pay Pro 10 Reviewed Sherris Case Study Sherri is 49 years old and isnt exactly sure when she will retire; I guess who really is? Annuity Gator, Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Rates and annuity payout rates are subject to change. My Annuity Store, Inc. All rights reserved. You can also take a peek at the full Athene Agility annuity product guide HERE. For financial professional use only. In order to lure you into giving your information, they will often make some pretty outrageous claims about the annuities that they offer, such as: But, even as nice as these claims may be, it means that it is even more necessary for you to make sure that they are actually true before you move forward and commit a large chunk of your money to such products. 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. The values show what would happen if the indexed allocations earn zero indexed interest and the fixed allocation earns the minimum guaranteed fixed rate in all years. An in-depth look at performance-based & Guaranteed options. What would be a better fit if need income before? In addition, the Athene Agility allows free withdrawals of 10% per year based on either the initial premium or the account value, whereas the 222 annuity from Allianz only allows you to take out up to 10% based on the initial premium. Or alternatively, you can contact us by going to https://annuitygator.com/contact/ and letting us know what time works best for you. 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. The top 3 index annuity companies have remained the same for the last four years, and have finished in the same exact order for 3 years running. These complaints have centered primarily around administrative issues related to one of the companys third-party subcontractors. 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. Not available in all states. Second, you can receive a bonus on the Protected Income Value (PIV) of . My financial dude has brought me Athene Performance Elite Plus 7. We are a team of annuity professionals who have a key focus on offering comprehensive yet non-biased annuity reviews online. Our primary mission here at Annuity Gator is to help you find the best annuities available, and to guide you towards the one (or ones) that fit your specific needs, and away from the ones that dont. The cap and participation rates are lower than they are on Athenes other annuity products. 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. 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. Thank you for your answer! Athene USA is a somewhat newer name for an acquisition of a long-established life insurance carrier that has a century-old track record in the insurance and financial services industry. https://annuityassociation.comathene agility - athe. This is an independent annuity product review. This is an independent Athene Agility 10 review, not a recommendation or solicitation to buy or sell an annuity. an interest bonus resulting in a credit of 150% of any interest you earn from your chosen allocations. AnnuityGator. Required fields are marked *. Jason has been a student of annuities since the age of 21 when was an intern for New York Life Insurance Company. Reinsurance contracts are entered into with Athene Annuity and Life Company (61689), West Des Moines, IA; Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware; Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY; and Athene Life Re Ltd., Hamilton, Bermuda. So, if you felt that this review was helpful, please feel free to pass it along and share it with anyone else whom you think could also benefit from it. A 25% premium bonus only applies to Benefit Base, To qualify for the Enhanced Lifetime Income Withdrawals you must be confined to Qualified Care Facility for 180 out of the last 250 days. Annuity Gator. Athene Agility 10 fixed index annuity is a retirement savings plan designed for safe growth, retirement income for life, inflation protection, and enhancing a death benefit. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Are there any other annuities that you would like to know more about? Required fields are marked *. Therefore, if you happened to notice if there were any details within this review that should be revised, please let us know that too, and we will be glad to make the necessary updates to it. To check out more of the in-depth details about this annuity directly from the companys product guide, you can go HERE. The FIA products also allow you to get income for life, so you can alleviate any worry about running out of income in retirement. In this annuity review, we will be discussing the following details on the Fixed Indexed Athene Agility 10 Year annuity: Annuities can be complex. Description. This versatile product includes a built-in Income and Death Benefit rider at no additional charge. Besides Athene Agility 10, Any annuity that you purchase should ideally be matched with your specific situation, in terms of risk tolerance and time frame, as well as when you want your income to start. The highest minimum guaranteed return. This holds true (somewhat) with the Athene Agility 7 fixed indexed annuity. In fact, this product is quite strong in several areas that are extremely important to both retirees, as well as those who are preparing for retirement, such as: For instance, with this product, your income could increase each year, depending on the index strategies that you chose. None. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. We make up a team of annuity professionals who have a primary focus on offering comprehensive yet non-biased annuity reviews online. The company also holds approximately approximately $2 billion in excess capital. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. Due to our experience and longevity in this arena, we have become very good at what we do, and weve actually come to be known as a highly trusted source of annuity information online. The Annuity Gator. The companys investment portfolio is well-diversified with 94% of its fixed maturity securities rated 1 or 2 the highest categories by the NAICs Securities Valuation Office. (175% versus 150% with Allianz) this can make a very big difference when calculating the lifetime income. Please see the Certificate of Disclosure for more information. By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. If you are considering this annuity for yourself, we would be happy to help you understand this product better and get into all of its details. Annuities are distributed by My Annuity Store, Inc. It is important that note that Allianz can change your caps at any time. With timely insights, in-depth product information and client-approved materials, our business-building toolkits are designed to help you and your clients do more. Your feedback is very important to us. This holds true (somewhat) with the Athene Agility 10 year fixed indexed annuity. That being said, if youve been seeking more in-depth details about the Athene Agility 10 annuity, you have certainly landed in the right place. Retire in 10 Years. Ill wrap up my Athene Agility 10 review with some final thoughts. When you have a financial product that offers any type of guarantee on it, its likely that there will also be tradeoffs to consider somewhere along the line. There are no guarantees that working with an adviser will yield positive returns. This annuity could work for you if you are looking for: This product could also provide a way for individuals who have certain health issues and may not qualify for a traditional, standard life insurance policy to secure death benefit protection via the annuity. Product features, limitations and availability vary; see the Certificates of Disclosure for details. 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 can assist you with that by running it through our annuity calculator, using your specific financial figures. 1 yr. 2 yr. 3 yr. 4 yr. 5 yr. 6 yr. 7 yr . This, however, isnt really all that uncommon, as there are many different annuities out there in the world, and there almost as many different thoughts and opinions about them. 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. However, there are a few areas to keep in mind that could cost you, if youre not careful. The income payment from this annuity is guaranteed for the annuitants life. 3.25%. Depending on your situation and goals, it could still be the right choice for you. So financially, Athene is strong and stable. The main reason for this is variable annuities do offer . That is a big difference, the Allianz 222 income is to be turned on after 10 years. In 2020, Athene scored a 0.34, and in 2019, a 0.51. Allianz. Best! 4This benefit is NOT long-term care insurance nor is it asubstitutetherefore. Hi Robert Thank you for your message. You can take a closer look at the Athene complaints HERE. All Rights Reserved | Privacy Policy, Independent Review of the Sammons LiveWell 10 Year Fixed Index Annuity, Independent Review of the Athene Agility 10 Annuity Pros and Cons Explained | Updated April 2020, We use cookies to enhance your experience while using our website. 3Withdrawals and surrender may be subject to federal and state income tax and, except under certain circumstances, will be subject to an IRS penalty if taken prior to age 59. While the Agility annuity is often compared with the Allianz 222 fixed indexed annuity, there are several areas where the Athene product comes out on top. Annuity and Insurance Agency 1050 Crown Pointe Parkway Atlanta, GA 30338. Index annuities are fixed annuities and generate fixed income type of returns. Enhanced Death BenefitThe Benefit Base is paid out in equal payments over the currently declared Death Benefit Payout Period. Bail-OutIf Athene lowers the declared 1-Year Point-to-Point Index Strategy Cap Rate below the Bailout Cap Rate, youll have full access to your annuitys Accumulated Value-free of any charges for up to 30 days after the Contract Anniversary in which the Bailout Cap Rate was pierced. This is best done via phone (as versus sending sensitive information back and forth via email). By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. Allianz 222 Annuity. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. 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. It is not a recommendation to purchase or to sell an annuity. . To check out the Annuity Gators updated review of the Allianz 222 annuity go HERE. Insurance companies often issue contracts that are state-specific. ALLIANZ 222/ABC GLOBAL ATLANTIC CHOICE ACCUM. Wed need to get some additional information from you, though, in order to do so. However, we feel that providing you with too much information is far better than not giving you enough. Guarantees are subject to the claims-paying ability of the insurer. We cant help everyone, but we do our best to always get back in touch within 24 hours. We have heard many advisors say that you could take the free withdrawal from the Allianz 222 for years 8, 9, and 10. 6%. The Athene Agility 10 has quickly become one of the best-selling indexed annuities and for good reason. 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. Athene Agility 10 Annuity. All content is for educational purposes only. 5Beneficiary can elect to receive a lump sum payment of the Accumulated Value or the Benefit Base paid out over a period not to exceed 10 years. We also use content and scripts from third parties that may use tracking technologies. For instance, 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. So, be sure to check back soon and regularly to see all of our new and updated annuity reviews. We look forward to chatting with you. This annuity review will give you a good running start. Fixed indexed annuity. SmartAssets services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. But, due in large part to the increased number of new annuity products that are being pushed out into the market by insurance companies each one of them trying to outdo the other these particular annuities can also be extremely confusing. Weve been creating annuity reviews for quite some time now far longer than our competitors have although many of them would like to have you think otherwise. American Equity IncomeShield 7 Annuity. Jason Caudill is President of My Annuity Store, Inc. and has distributed more than $1.5 Billion of annuities during his career. Athene is driven to deliver innovative fixed and fixed indexed annuities that help you win your market. North American PrimePath 12. Insurance products may not be available in all states. Rather than sending sensitive personal and financial details back and forth via email, though, it would be best to discuss via phone. "Earn a 10-15% Bonus. Just contact us and we will help you review what annuities would be better for income starting earlier. It was very informative. The guaranteed lifetime income for both the Athene Agility and the Allianz 222 . North American; Nationwide; Global Atlantic; MYGA. I appreciate the annuity review for the Athene Agility 7 FIA. As with other annuities, your earnings can compound tax-deferred, so you can continue to build the funds in the account without the need to pay Uncle Sam each year (until the time of withdrawal). If you are looking at least 10 years out for lifetime income to begin, then Athene Agility might make a lot of sense for your long-term financial needs. We have made the necessary edits to the article. Before purchasing any investment product be sure to do your own due diligence and consult a properly licensed professional should you have specific questions as they relate to your individual circumstances. The Death Benefit Payout Period is currently set to five years and is guaranteed not to exceed ten years. These annuities allow customers to tie their assets to a market index available through Athene. The contract features described may not be current and may not apply in the state in which you reside. To check out more of the in-depth details about this annuity directly from the companys product guide, you can go HERE. Comprehensive guide to selecting the best annuity income rider based on your goals. This is an independent annuity product review. Athene has not endorsed this review in any way, nor do we receive any type of compensation for providing this review. Product features, limitations and availability vary; see the Certificates of Disclosure for details. NOT A DEPOSIT. It happened to me on Thursday morning when I found about the hidden fees in the Allianz 222. When income is needed, the Agility shines in this area, too, as income payments may increase, based on the performance of the underlying index. Annual Withdrawals. The Athene Agility 10 is a fixed index annuity with a 10-year contract term. 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. We look forward to chatting with you. Please feel free to contact us directly, toll-free, at (888) 440-2468 to chat with one of our annuity specialists or visithttps://annuitygator.com/contact/ Once you start receiving your retirement paycheck, your Benefit Base will continue to grow by 175% of any interest credits you earn. Athene Ascent SM Pro 10 If the insured has any objections to any of the terms and conditions, s/he has the option to For a direct comparison of the Allianz 222 annuity versus the Athene Agility 10 annuity, go HERE. The Allianz 222 is a 10-year fixed index annuity with a guaranteed lifetime withdrawal benefit rider (GLWB) included. Best, This can be beneficial in helping to keep incoming cash flow at, or even ahead of, the rate of future inflation. Allianz 222 Fixed Index Annuity Request Info. These financial vehicles allow you the opportunity to attain index-linked returns as well as the safety of principal, regardless of what occurs in the market. We would be happy to help with any of the questions you have regarding the Athene Performance Elite Plus 7. With that in mind, a financial advisor is likely to focus on this best of all worlds scenario when presenting this product to you. P.S If you would like to read more of our Athene annuity reviews here are some links to check out: Thank you. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. In this annuity review, we will be discussing the following details on the Athene Agility 7-year fixed indexed annuity: Annuities can be complex. We talked about a lot of differences between the two contracts but one thing he said is something I had never realized . 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. Are there any other annuities that you would like to know more about? Please see the Certificate of Disclosure for moreinformation. Annuity; Retirement; Videos Best, Premium Bonus. AnnuityGator. 3%. 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. Athene Agility 7, 10 RegEd Code: Agility710_2018 Athene Ascent Pro 7 RegEd Code: PRO7_2017 Athene Ascent Pro 7, 10 RegEd Code: PRO710_2017 (cant use for in-home health cases like you can in the. That being said, if youve been seeking more in-depth details about the Athene Agility 7-year FIA, you are definitely in the right place. Her goal. Average Retirement Savings: How Do You Compare? Annuity Gator, We are looking for a place to park $400k for 7-10 years. This annuity would not be a good fit if you planned to start the lifetime income before 7 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. Athenes website describes the Agility annuity as one that can help you open the doors to retirement possibilities. So while your returns are dependent on how your chosen index performs, it isn't literally invested in the market like a normal investment would be. The Benefit Base is equal to the Initial Premium, plus the Benefit Base bonus amount. Athene Ascent Pro 10. 8%. The information presented here is not a representation regarding the suitability of any concept or product(s) for an individual and is not intended to be tax or legal advice. So, before you move forward with the purchase of the Athene Agility fixed indexed annuity (or for that matter, any annuity), you need to be sure that you check out all of the details as, once you have purchased an annuity, it could be quite an ordeal to get yourself out of it. The Athene Agility 10 has quickly become one of the best-selling indexed annuities and for good reason. All investing involves risk, including loss of principal. Interest Only. Should that read, .the income increases are locked in, so that CANT be lost? ANNUITIES ARE PRODUCTS OF THE INSURANCE INDUSTRY AND NOT GUARANTEED BY ANY BANK NOR INSURED BY FDIC OR NCUA/NCUSIF. Download: Athene Agility 10 Rates & Product Guide. When you have a financial product that offers any type of guarantee on it, its likely that there will also be tradeoffs to consider somewhere along the line. 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. If so, just let us knowthe name (or names) of the annuity(ies) and our Annuity Gator annuity geeks will get on it. This is a great option if you are less than 60 years of age and plan to use this annuity as part of your retirement income plan. We make the complex, simple. We are not looking for income just safe growth-, Hi Robert Thank you for your comment. Meaning you want your lifetime income to start at least 7 years or more down the road. 2Fixed indexed annuities are not stock market investments and do not directly participate in any stock or equity investments. Allianz 222 Fixed Index; Brighthouse Shield Level Selector; Jackson National Perspective II Lifeguard Freedom Flex; Athene Agility 10 Year Fixed Index; AXA Structured Capital Strategies; AIG Polaris Platinum III; All Annuity Reviews; Blog. Meaning you want your lifetime income to start at least 10 years or more down the road.
