Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. We can assist you with that by running it through our annuity calculator, using your specific financial figures. One-Time Checkup with a Financial Advisor, See all Brighthouse Financial Shield Annuities, Americo Financial Life and Annuity Review, Brighthouse Financial Shield Annuity Review, Fidelity & Guaranty Life Annuities Review, Lafayette Life Insurance Company Annuity Review, MetLife Annuities/Brighthouse Financial Annuities Review, Mutual Trust Life Insurance Company Annuity Review, Allianz Index Advantage Variable Annuity, Brighthouse Shield Level Select 6-Year Annuity, Brighthouse Shield Level Select 3-Year Annuity, Brighthouse Shield Level 10 Advisory Annuity. Not all reinsurance products or structures offered are available in all jurisdictions. The values show what would happen if the allocations earned interest using current rates in all years. If this would be of interest to you, please contact us using the form below: document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We realize that this annuity review ran a bit on the long side. But it is that type of annuity jargon that can really confuse people into thinking that theyre getting a great deal, when in fact there are some tradeoffs you may need to make in order to get the benefits. Athene has acknowledged this and made the corrections with the third-party subcontractor so that this would not be an issue going forward. Contact your back office or the Athene Sales Desk for product availability. However, because there are so many moving parts on fixed indexed annuities, you really need to take a deeper look into how the components of these annuities work, because typically, they arent always a walk in the park when it comes to generating the returns you are anticipating. If this is the first time you have been here to our website, we would like to personally welcome you to Annuity Gator. You can also be sure that you will have an income in retirement for as long as you (and your spouse, if applicable) need it. This is an independent Athene Agility 10 review, not a recommendation or solicitation to buy or sell an annuity. This annuity review will give you a good start on that. Annuity and Insurance Agency 1050 Crown Pointe Parkway Atlanta, GA 30338. 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. Just contact us and we will help you review what annuities would be better for income starting earlier. The highest guaranteed income for life. 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. 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. 2Fixed indexed annuities are not stock market investments and do not directly participate in any stock or equity investments. 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. Source BofA Securities, Bloomberg: The Index was created on August 12, 2014. 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). Just check with us. We look forward to chatting with you. Fixed indexed annuity. That's why Allianz 222 annuity gives you the flexibility to address life's "what ifs.". You should always consult your own financial planning, tax, and legal advisors to determine if a fixed annuity, fixed index annuity, immediate annuity, longevity annuity, or Qualified Longevity Annuity Contract is suitable for your financial situation. 1 yr. 2 yr. 3 yr. 4 yr. 5 yr. 6 yr. 7 yr . 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. 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. 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. 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. Allianz 222 Fixed Index Annuity Request Info. Just contact us and we will help you review what annuities would be better for income starting earlier. Annuities How would you rate your experience using SmartAssets financial advisor matching service so far? Download: Athene Agility 10 Rates & Product Guide. For complete information about the cookies we use, data we collect and how we process them, please check our. Best, For complete information about the cookies we use, data we collect and how we process them, please check our. AND, the income increases are locked in, so they cant be lost, regardless of what happens in the market. 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. 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. P.S If you would like to read more of our Athene annuity reviews here are some links to check out: Has anything changed with respect to the Athene Agility 7 annuity since your review.? Average Retirement Savings: How Do You Compare? 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. If so, just let us knowthe name (or names) of the annuity(ies) and our Annuity Gator annuity geeks will get on it. Annuity riders may be available for an additional annual premium that can provide additional benefits and income guarantees. We look forward to hearing from you. 1; 2; . The values show what would happen if the stated index earned indexed interest using current rates for the periods indicated. This is because these annuities provide the opportunity to receive positive growth when an underlying market index is being tracked and performs well, while also protecting your principal if the underlying index performs poorly. We create opportunitiesfor your clients and for you with competitive annuity solutions for accumulation, income, protection and legacy. F&G; MYGA markets aren't great right now, so we're suggesting advisors consider looking at 5 year FIA as alternatives. Nothing on this website is a recommendation to buy or sell an annuity. Required fields are marked *. Please call (855) 583-1104 if you have any questions or concerns. Financial professionals will be paid a commission on the sale of an annuity. But the annuity market can be difficult to understand: There is a wide range of annuity products, each offering its own set of terms, fees, and paperwork. 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. Athene: Agility 10, Ascend Pro 10, & Performance Elite; Lincoln: OptiBlend Series; Global Atlantic: Choice Accumulation; SPIA. We repeat the index performance from this 10-year period afterward. Annual Withdrawals. 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. So, be sure to check back soon and regularly to see all of our new and updated annuity reviews. 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. It has a participation rate and capped index crediting strategies as well as a fixed-interest option. If you selected the annual point-to-point crediting option, you would receive 2.25. Please limit your response to 150 characters or less. And maybe the biggest difference is that the Athene Agility 7 can have its lifetime income turned on after the 7th year. 5%. I appreciate the annuity review for the Athene Agility 7 FIA. However, that being said, this annuity could also fall somewhat short if you needed the income to start before 7 years. The Agility 10 is not a great annuity if your objective is safe accumulation. Annuity Gator, We are looking for a place to park $400k for 7-10 years. 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. 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. 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. This means there are two separate values; an account value and a protected income value. MLSB Index Performance (Back-Tested & Actual) January 13, 1985, to December 31, 2020. In order to best support you, we would need some additional information from you. We have made the necessary edits to the article. No-Fee Riders. Athene describes the Agility 7 annuityas a fixed indexed annuity for income with agility.. I am showing an Athene Agility 10 Illustration using a $50,000 initial premium into the: Heres how the annuity might have looked over 3 different 10-year periods. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. 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. You could receive 15% one year and 0% for 2 other years. If youve been reviewing annuities on the Internet, it is possible that you have come across some highly conflicting information about these products. If so, just let us know the name (or names) of the annuity(ies) and our Annuity Gator annuity geeks will get on it. 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. 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. The cap and participation rates are lower than they are on Athenes other annuity products. It was very informative. Ill wrap up my Athene Agility 10 review with some final thoughts. Description. Bottom Line: I would not recommend the Athene Agility 10 if you are looking for an annuity to grow your money in a safe and steady way. Product features, limitations and availability vary; see the Certificates of Disclosure for details. (175% versus 150% with Allianz) this can make a very big difference when calculating the lifetime income. Depending on your situation and goals, it could still be the right choice for you. Products not available in all . After the 30-day Bailout Window, all charges may apply. 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. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Guarantees are subject to the claims-paying ability of the insurer. There are also some added bells and whistles that youll find on the Agility annuity from Athene, including: Dont worry well cover all of this shortly. 10%, Agility 10 Allianz 222 (222) Inital Premium10%,, Account ValueInitial Premium,Agility 10. . Athene. 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. Where the Athene Agility 10 really shines in comparison to the Allianz 222 annuity is that the Agility offers a better participation rate for the income benefit. First, the Athene Agility guarantees a higher amount of lifetime income if we had an extended time of poor performance in the market indexes. 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. Premium Bonus. Product features, limitations and availability vary; see the Certificates of Disclosure for details. These annuities allow customers to tie their assets to a market index available through Athene. The S&P 500 without dividends was up 13.4%. American Equity IncomeShield 7 Annuity. We have made the necessary edits to the article. The Allianz 222 was allocated as follows: 25% S&P 500 Monthly Sum with 1.5% monthly cap. To check out more of the in-depth details about this annuity directly from the companys product guide, you can go HERE. The Athene Agility annuity is a fixed indexed annuity with a $10,000 minimum investment and a maximum issue age of 83. We look forward to chatting with you. 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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. The Allianz Benefit Control Annuity gives the policyholder the ability to begin income on any monthly contract anniversary after age 50, with no minimum waiting period, according to Allianz Life. Hi Craig- Thank you for your message. So, be sure to check back soon and regularly to see all of our new and updated annuity reviews. 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. Heres how the annuity might look over a 30-year period. AnnuityGator. Allianz. "Earn a 10-15% Bonus. Product features, limitations and availability vary; see the Certificates of Disclosure for details. 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). The FIA products also allow you to get income for life, so you can alleviate any worry about running out of income in retirement. Best, 25% Nasdaq 100 Annual Point to Point with 3.25% annual cap. What would be a better fit if need income before? F&G Retirement Pro Annuity. When considering the Athene Agility 7-Year Fixed Indexed 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. Athene Agility GEN (09/15) NB, Income and Death Benefit Rider IR (06/18) and Enhanced Income Benefit Endorsement EIBR (06/18) or state variations are issued by Athene Annuity and Life Company, West Des Moines, IA. 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. Therefore, it is really important that you first discuss your needs with an annuity professional who can help you with sorting all of the intricate details. 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. Variable annuities have these features too, they just don't offer quite as high guarantees as fixed type annuities at this time. The illustration is not valid without all 18 pages and the statement of understanding. Second, you can receive a bonus on the Protected Income Value (PIV) of . Below are the tables from a $100K Athene Agility 10 Illustration placing $50,000 of premium into each of these 2 crediting options: The annuity was purchased at age 55 and income payments are deferred for 10 years; the number is for single lifetime income payments. With all of the media hype today which includes countless numbers of financial gurus telling you what to do online, on TV, and anywhere else you can get a satellite signal it can be difficult at best to cut through all of the clutter. Hi Robert Thank you for your message. 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. (And, unlike many fixed indexed annuities, the income rider on the Athene Agility 7 is added at no extra charge). Thank you for pointing that out. This 10 year fixed index annuity comes with many features built-in for free; however, as great as it is it isnt for everyone. You can selectively provide your consent below to allow such third party embeds. 4%. So, it makes it even more essential that you read over all of the fine print about an annuity before you commit what could be a large percentage of your savings to the product. Athene Agility 10. It also includes a built-in income and death benefit rider at no additional charge. 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. This, in turn, can also increase the value of the death benefit if you have chosen the death benefit rider. In this annuity review, we will be discussing the following details on the Fixed Indexed Athene Agility 10 Year annuity: Annuities can be complex. Book a FREE consultation. 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. Your feedback is very important to us. With that in mind, it is important to note that this annuity is primarily geared towards receiving income later (at least seven years after purchasing the product) as versus income now.. 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. The contract features described may not be current and may not apply in the state in which you reside. 3.75%. P.S If you would like to read more of our Athene annuity reviews here are some links to check out: Thank you. Hi Richard Thank you for your message. 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. We also use content and scripts from third parties that may use tracking technologies. In addition, your benefit base can continue to grow, even after you are turned on the income stream. allianz offers a free look period but it doesn't state how long it is online. Especially in light of the fact that the Allianz 222 is oftentimes directly compared to this Athene annuity. However, there are a few areas to keep in mind that could cost you, if youre not careful. Heres how the annuity might look over a 30-year period. 5%. But even so, the only way to really know if this annuity is right for you is to have it tested. 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. That is a big difference, the Allianz 222 income is to be turned on after 10 years. With all of the media hype today which includes countless numbers of financial gurus telling you what to do it can be difficult at best to cut through all of the clutter. For a direct comparison of the Allianz 222 annuity versus the Athene Agility 10 annuity, go HERE. 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. 3%. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. With that in mind, a financial advisor is likely to focus on this best of all worlds scenario when presenting this product to you. Or alternatively, you can contact us by going to https://annuitygator.com/contact/ and letting us know what time works best for you. Additional limitations, state variations, and exclusions may apply. So, it is important that you first discuss your needs with an annuity professional who can help you with sorting all of the intricate details. Her plan is to retire between the ages of 60 and 65. This is an excellent annuity but it is really designed for income later. This provides you with an enhanced Death Benefit. 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. Reinsurers may not be licensed in all states. 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. This product is designed to deliver strong income and growth potential, along with liquidity. Below are the tables from an Athene Agility 10 Illustration placing a $50,000 initial premium into the: Fill out the form below to receive a free annuity quote within 4 business hours, or use one of our annuity calculators. Additional limitations, state variations, and exclusions may apply. 1Lifetime Income Withdrawals may be reduced or may stop if you take Excess Withdrawals from your contract. We can assist you with that by running it through our annuity calculator, using your particular financial figures. We have heard many advisors say that you could take the free withdrawal from the Allianz 222 for years 8, 9, and 10. 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. Reviews are posted at the request of readers so they could see an independent perspective when breaking down the positives and negatives of specific annuity contracts. 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. However, there are a few areas to keep in mind that could cost you, if youre not careful. 7%. None. Additional information. The Athene Agility 10 is a fixed index annuity with a 10-year contract term. No product companies have endorsed the reviews on this site, nor is AnnuityGator.com compensated for reviews. To see a full breakdown of all charges and fees, as well as some of the other tradeoffs you may need to make in order to obtain the benefits from the Athene Agility annuity, go HERE. Sometimes it can really help to see first hand how a financial product has been or has not been working out for other investors. Athene Agility 10 Annuity. Annuity Marketplace . To see a full breakdown of all charges and fees, as well as some of the other tradeoffs you may need to make in order to obtain the benefits from the Athene Agility annuity, go HERE. < This link is outdated and shows information, percentages and index strategies not currently used by the product. Athene passes this test with strong financial ratings and comes in #1 in overall index annuity sales in 2020. This waiver is available after your first Contract Anniversary. 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. Any other good growth and income annuities in the 5 to 8 year time range? 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. 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. Rather than sending sensitive personal and financial details back and forth via email, though, it would be best to discuss via phone. Independent Review of the Athene Agility 7-Year Fixed Indexed Annuity [Updated December 2020], Independent Review of the American General Life Insurance Company Power 10 Protector Plus Income Index Annuity, We use cookies to enhance your experience while using our website. 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.
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