Athene BCA 10 2.0
Athene Annuity and Life Company
5%
Free W/D
50
States
Athene BCA 10 2.0 is a fixed indexed annuity designed for long-term retirement planning that combines market-linked growth potential with principal protection, flexible withdrawals, and customizable lifetime income options.
Free Withdrawal
5%/yr
Available In
50 states
Min Premium
$10,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| MSCI MKT MediaStats Multi-Asset Index | 2-Year | -- | 140% | -- |
| RAFI Harvey GS Index | 2-Year | -- | 250% | -- |
| Shiller Barclays CAPE Allocator 6 Index | 2-Year | -- | 175% | -- |
| Shiller Barclays Global Index | 2-Year | -- | 165% | -- |
| S&P 500 Distance Stabilizer TCA Index (USD) ER | 2-Year | -- | 110% | -- |
| S&P 500 Index | 2-Year | -- | 48% | -- |
| WisdomTree Siegel Strategic Value Index | 2-Year | -- | 200% | -- |
Key Features
Index Earnings Strategy (IES)
Rates set at contract issue and guaranteed for first two-year termGrowth based on benchmark index performance with a participation rate, credited every two years
Free Withdrawals
5% year one, 10% annually thereafterAccess to your money without surrender charges
Balanced Allocation Lifetime Income Rider (BALIR)
1.00% annual charge for SGO Max or Flex Growth optionOptional income rider providing guaranteed lifetime withdrawals with two growth strategies
Market Value Adjustment (MVA)
Applied during withdrawal charge period; protects downside, allows upside participationAdjusts surrender/withdrawal values based on interest rate changes, limited by minimum guarantees
Minimum Guaranteed Contract Value (MGCV)
Varies by state; percentage of premium adjusted for withdrawalsMinimum interest crediting rate ensures contract value floor regardless of market conditions
Return of Charge Guarantee (ROC)
Guarantees premium return even if charges exceed earningsPremium and bonus returned after withdrawal charge period if no surrender charges taken
Confinement & Terminal Illness Waivers
Available after first contract anniversary (state variations apply)Withdraw up to 100% penalty-free if terminal illness diagnosed or 60+ day qualified care stay required
Family Endowment Rider (FER/FER Max)
0.85% annual charge; FER Max includes 100% of interest earnings every two yearsOptional enhanced death benefit that guarantees minimum payout or greater amount
Withdrawal Charge Schedule
Most states: 9.6% year 1 declining to 1% year 10; CA: 8.6% year 1 declining to 0.1% year 9Declining surrender charges during initial period; charges waived for Required Minimum Distributions
Lifetime Income Withdrawal Options
Income based on age when withdrawals begin; longer deferral = higher initial percentageThree income strategies: level (highest initial), inflation-indexed (10% annual cap), or earnings-indexed
Highlights
Fixed indexed annuity with downside market protection and upside growth potential based on index performance
Flexible income options including level, inflation-indexed, and earnings-indexed lifetime withdrawals
Optional income rider (BALIR) with two growth strategies (SGO Max or Flex Growth) for customized retirement income
Enhanced death benefit rider options (FER/FER Max) that guarantee return of premium plus interest earnings
20% Minimum Interest Credit guarantee at end of withdrawal charge period if earnings fall short
Surrender Schedule
Yr 1
9.6%
Yr 2
9.2%
Yr 3
8.2%
Yr 4
7.2%
Yr 5
6.2%
Yr 6
5.2%
Yr 7
4.2%
Yr 8
3.1%
Yr 9
2.1%
Yr 10
1%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Individuals focused on long-term retirement planning who want market-linked growth with principal protection, flexible access to funds, and the option to establish guaranteed lifetime income in retirement.
Consider Alternatives If
This product is not appropriate for those with short-term financial needs or who require access to more than the contract's free withdrawal amount, as excess withdrawals trigger surrender charges and market value adjustments.
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