| Interest Rate Update
Athene is adjusting rates on the Athene MYGSM, Athene Performance Elite® and Athene TargetHorizonSM products effective July 2, 2016.
Athene continues to maintain a competitive advantage in fixed and fixed indexed annuities with rates at or near the top of the market.
Athene MYG
| Multi-Year Fixed Strategy: Initial Premium 1-Year Fixed Strategy: Additional Premium |
|
MVA (Not available in AK, CA, HI, MN, MO, NJ, NY, PA & WA) |
Non-MVA (Not available in NY) |
| |
Current |
New |
Current |
New |
| 3-Year |
2.00% |
1.70% |
1.95% |
1.60% |
| 5-Year |
2.90% |
2.50% |
2.75% |
2.25% |
| 7-Year |
3.00% |
2.85% |
2.80% |
2.65% |
Athene Performance Elite
| Athene Performance Elite (PE) |
PE 10 PE 10 Select PE 10 Pro |
PE 15 |
|
Current |
New |
Current |
New |
| 2-Year No Cap PTP – BNP (Par Rate) |
120% |
100% |
150% |
130% |
| 2-Year No Cap PTP – Morningstar® (Par Rate) |
90% |
75% |
100% |
85% |
| 1-Year No Cap PTP (Par Rate) |
50% |
45% |
60% |
55% |
| 2-Year No Cap PTP (Annual Spread) |
1.95% |
2.75% |
0.95% |
1.75% |
| 1-Year PTP (Cap) |
4.75% |
4.25% |
5.50% |
5.00% |
| 1-Year Monthly Cap (Cap) |
2.00% |
1.85% |
2.20% |
2.00% |
| Fixed |
1.70% |
1.40% |
2.10% |
1.80% |
Athene TargetHorizon
| Athene TargetHorizon (THS) |
THS5 |
THS10, THS10S |
THS15 |
|
Current |
New |
Current |
New |
Current |
New |
| 5-Year No Cap PTP (Annual Spread) |
NA |
NA |
2.15% |
3.25% |
1.10% |
2.75% |
| 1-Year No Cap PTP (Spread) |
1.35% |
2.75% |
2.35% |
3.25% |
1.25% |
2.75% |
| 1-Year PTP Multiple Index (Cap) |
4.50% |
3.25% |
4.00% |
2.75% |
4.50% |
3.25% |
| 1-Year PTP (Cap) |
4.50% |
3.25% |
4.00% |
2.75% |
4.50% |
3.25% |
| 1-Year Monthly Cap (Cap) |
2.00% |
1.55% |
1.65% |
1.30% |
2.00% |
1.55% |
| 1-Year Monthly Average (Cap) |
4.50% |
3.25% |
4.00% |
2.75% |
4.50% |
3.25% |
| Fixed |
2.00% |
1.50% |
1.60% |
1.05% |
1.90% |
1.40% |
Application deadlines (all products above)
- Applications with cash received by Athene no later than 4 pm CT on July 1, 2016 will be issued as applied for.
- Non-cash applications (e.g. 1035 exchanges, IRA rollovers) received by Athene no later than 4 pm CT on July 1, 2016 will be issued as applied for if funds are received no later than 4 pm CT on August 30, 2016.
- Applications received after 4 pm CT on July 1, 2016 will be issued with the new rates.
Applications may be submitted electronically using the Document Upload Tool on Athene’s website. They can also be submitted by overnight mail to the following address: Athene Annuity and Life Company 7700 Mills Civic Parkway West Des Moines, IA 50266-3862
Download updated rate cards and state approval maps for all products.
Thank you for your business. For product and sales support, please contact the best Sales Desk in the business at 888‑661-1999 |
