athene agility 10 vs allianz 222 athene agility 10 vs allianz 222

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. https://annuityassociation.comathene agility - athe. Nothing on this website is a recommendation to buy or sell an annuity. In order to best support you, we would need some additional information from you. So financially, Athene is strong and stable. Annualized Credited Rate does not reflect anyrider or contract charges. One of the things we really like is the Athene Agility 10 offers annual and two-year annual reset options: #1. 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. In fact, we dare say that our Annuity Gator website is the only place on the Internet where you can obtain all of the information that you require for making a well-informed purchasing decision about this 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. This is an independent Athene Agility 10 review, not a recommendation or solicitation to buy or sell an annuity. Over time, there can be a significant difference between these two figures. 2Fixed indexed annuities are not stock market investments and do not directly participate in any stock or equity investments. However, before you go out and make a commitment to this annuity or to any annuity it is highly recommended that you first have a good understanding of just exactly how the annuity works, and how it may (or may not) fit into your overall financial plans. (And, unlike many fixed indexed annuities, the income rider on the Athene Agility 7 is added at no extra charge). 7%. The cap and participation rates are lower than they are on Athenes other annuity products. (175% versus 150% with Allianz) this can make a very big difference when calculating the lifetime income. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. All content is for educational purposes only. NOT A DEPOSIT. Her goal. Index annuities are fixed annuities and generate fixed income type of returns. MLSB Index Performance (Back-Tested & Actual) January 13, 1985, to December 31, 2020. 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. 10%. For complete information about the cookies we use, data we collect and how we process them, please check our. Please limit your response to 150 characters or less. The institutional channel includes reinsurance and group annuity contracts related to pension group annuities. This is not an offer to buy or sell any security or interest. I ran up against the Allianz 222 again and called a rep at a different company to get some clarification on a competing product. Additional information. 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. 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. Over the past few years, Athene has received a number of customer complaints through the Better Business Bureau (BBB). Thank you for pointing that out. In this case, for instance, there is no added cost for the income rider. 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. 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.? Any other good growth and income annuities in the 5 to 8 year time range? SIPS Maintenance - Oct 2022. 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. 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. ANNUITIES ARE PRODUCTS OF THE INSURANCE INDUSTRY AND NOT GUARANTEED BY ANY BANK NOR INSURED BY FDIC OR NCUA/NCUSIF. AnnuityGator. This field is for validation purposes and should be left unchanged. 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. If this is something that would be of interest to you, then please contact us. AND, the income increases are locked in, so they cant be lost, regardless of what happens in the market. We cant help everyone, but we do our best to always get back in touch within 24 hours. Athene Agility is designed to deliver strong income and growth potential plus liquidity. 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. 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. 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. The main reason for this is variable annuities do offer . But 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. Athene. To check out more of the in-depth details about this annuity directly from the companys product guide, you can go HERE. Athene is driven to deliver innovative fixed and fixed indexed annuities that help you win your market. Where the Athene Agility 7 year really shines in comparison to the Allianz 222 annuity is the Agility offers a better participation rate for the income benefit. We look forward to chatting with you. The Athene Agility 10 has quickly become one of the best-selling indexed annuities and for good reason. 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/ If this is the case, there are better alternative annuities. We have heard many advisors say that you could take the free withdrawal from the Allianz 222 for years 8, 9, and 10. 4%. Athene also offers 175% stacked growth to the annuitys benefit base which means that the annuitys return shares in 175% of what the underlying index returns. Annuity Gator, Your email address will not be published. This product is designed to deliver strong income and growth potential, along with liquidity. All Rights Reserved | Privacy Policy, Please be as specific as possible. 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.. Rather than sending the info back and forth via email, it would be best to discuss by phone. 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. 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. In order to read the companys press releases in full regarding this matter, go HEREand HERE. 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. Meaning you want your lifetime income to start at least 10 years or more down the road. Allianz: 222 and 360; . Technically you could withdraw your free 10% each year but that would not be using this contract to its full advantage. This versatile annuity also includes a built-in income and death benefit rider at no added premium charge. Nothing on this website is a recommendation to buy or sell an annuity. While you're saving for retirement, Allianz 222 Annuity can help by giving you two ways to get a bonus to your Protected Income Value: a 35% bonus on any premium you put into your annuity in the first 18 months, and. Just contact us and we will help you review what annuities would be better for income starting earlier. So, it makes it even more essential that you read over all of the fine print before you commit what could be a large percentage of your savings to this annuity. Annuities are a popular tool for retirement planning, offering the opportunity for tax-deferred investing gains and guaranteed income streams. Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Over the past few years, Athene has received a number of customer complaints through the Better Business Bureau (BBB). Also, as with most other annuities, if more than 10% of the contracts value is withdrawn during the surrender charge period, a withdrawal charge penalty will be incurred. 4This benefit is NOT long-term care insurance nor is it asubstitutetherefore. $10,000. You could receive 15% one year and 0% for 2 other years. Please call (855) 583-1104 if you have any questions or concerns. In 2021, Athene Annuity & Life Company received an overall NAIC complaint index of 0.10, well below the 1.0 average. The Death Benefit Payout Period is currently set to five years and is guaranteed not to exceed ten years. Average Retirement Savings: How Do You Compare? This annuity is designed for delivering strong income and growth potential, plus liquidity. Hi Richard Thank you for your message. 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. AIG (now Corebridge Financial) Total fixed index annuity sales were $79.4 billion in 2022, up 25% from 2021, and 8% higher than the record set in 2019. You can selectively provide your consent below to allow such third party embeds. When income is needed, the Agility shines in this area, too, as income payments may increase, based on the performance of the underlying index. So, be sure to check back soon and regularly to see all of our new and updated annuity reviews. In addition, as annuities and fixed indexed annuities in particular have become more popular over the past several years, more and more insurers are introducing new products out into the marketplace. None. Not all reinsurance products or structures offered are available in all jurisdictions. Annuity Gator, For instance, with this product, your income could increase each year, depending on the index strategies that you chose. Product features, limitations and availability vary; see the Certificates of Disclosure for details. Reinsurance products are not protected or guaranteed by state insurance guaranty associations or insolvency funds. Hi Robert Thank you for your message. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. The information presented here is not intended to be a recommendation to purchase a fixed annuity, fixed index annuity, immediate annuity, longevity annuity, Qualified Longevity Annuity Contract, long-term care annuity, or any other investment or insurance product. Annuity; Retirement; Videos There are no guarantees that working with an adviser will yield positive returns. Athene Agility 10 Crediting Strategies and Rates, Athene Annuity and Life Insurance Company, Annual Point to Point Crediting Method Explained, Nasdaq FC Index (BOFANFCC) | In Athene Annuities, Fixed Index Annuity Gets Artificial Brain | AiPex Index, 10 Best Fixed Index Annuity Companies April 2023, Case Study: North American Income Pay Pro Annuity, 2-Year No Cap Point-to-Point Index Strategy (Par Rate), 1-Year No Cap Point-to-Point Index Strategy (Par Rate), 2-Year Point-to-Point Index Strategy (Cap), 1-Year Point-to-Point Index Strategy (Cap), Uncapped crediting options available on 4 of the indexes, Annual point-to-point and two-year point-to-point options available for diversification, Innovative AiPex, BNPMAD5, and Nasdaq FC Indexes, Athene is a Strong and Financially Stable Insurance Company, All riders are built-in at no cost (no fees), The hypothetical Rate of return on back-testing is not as good as other annuity products, including Athenes own. Income payments may increase each year depending on the performance of your clients chosen index strategies, Increases are locked in and cannot be lost regardless of future index performance, Indexed interest crediting strategies feature indices exclusive to Athene, Initial bonus that instantly boosts the Benefit Base, 175% market-leading stacked growth to the Benefit Base, Benefit Base continues growing after income has started, growing the value of the Rider Death Benefit, Up to 10% penalty-free withdrawals based on Accumulated Value or initial premium, whichever is greater, Enhanced Income Benefit at no additional charge, Built-in Rider Death Benefit beneficiary receives the fullremaining value of the riders Benefit Base in annual payments. If you want your income to start before that then there are better annuities to meet that goal. 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. Insurance companies also change their products and information often and without notice. North American PrimePath 12. 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: Yet, as nice as these claims might be, this hype makes it even more necessary for you to make sure that the claims are actually true before you move forward and commit a large percentage of your money to such products. Annuities are distributed by My Annuity Store, Inc. With that in mind, a financial advisor is likely to focus on this best of all worlds scenario when presenting this product to you. 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. Your email address will not be published. That's why Allianz 222 annuity gives you the flexibility to address life's "what ifs.". This is an excellent annuity but it is really designed for income later. 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. In addition to possible surrender charges, there can also be some other fees involved if you own the Athene Agility 10 Year Fixed Indexed annuity. 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. 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. 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. Best. 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. 25% Nasdaq 100 Annual Point to Point with 3.25% annual cap. This provides you with an enhanced Death Benefit. The guaranteed lifetime income for both the Athene Agility and the Allianz 222 . 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. However, that being said, this annuity could also fall somewhat short if you needed the income to start before 7 years. Ill wrap up my Athene Agility 10 review with some final thoughts. We repeat the index performance from this 10-year period afterward. It may even have been your attendance at that event that has led you online, on a quest for more information. (175% versus 150% with Allianz) this can make a very big difference when calculating the lifetime income. This insurer is rated as the number two carrier in fixed indexed annuity sales, and has been consistently for the past three years. The Allianz 222 was allocated as follows: 25% S&P 500 Monthly Sum with 1.5% monthly cap. You can take a closer look at the Athene complaints HERE. Athene Agility Fixed Indexed Annuity Request Info. allianz offers a free look period but it doesn't state how long it is online. Two-Year Point to Point. 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. Not available in all states. We have made the necessary edits to the article. (175% versus 150% with Allianz) this can make a very big difference when calculating the lifetime income. The highest minimum guaranteed return. 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. Book a FREE consultation. After the 30-day Bailout Window, all charges may apply. Increases are locked in and cannot be lost, regardless of future index performance. Athene passes this test with strong financial ratings and comes in #1 in overall index annuity sales in 2020.