Athene BCA 6.2.0
Athene Annuity and Life Company
5%
Free W/D
50
States
A fixed indexed annuity that offers growth potential linked to market indices without direct stock market risk, combined with guaranteed income options and multiple protection features for retirement planning.
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 issue; see rate sheet for current participation ratesGrowth is calculated using a participation rate applied to benchmark index performance, credited every two years with guaranteed rates for the first term
Free Withdrawals
5% year 1; 10% years 2+Access 5% of accumulation value in year one, then 10% annually without penalties
Guaranteed Lifetime Income
Available at contract annuity dateConvert your annuity balance into a guaranteed income stream at retirement with multiple payout options
Return of Premium Guarantee
Adjusted for withdrawalsAfter the withdrawal charge period, if you haven't taken surrender charges, your cash surrender value will never fall below your premium paid
Minimum Interest Credit (MIC)
15% of initial premiumAutomatic one-time credit equal to the difference if total interest credited is less than the MIC at end of withdrawal charge period
Terminal Illness & Confinement Waivers
Full access, charges waivedWithdraw up to 100% of annuity value penalty-free if diagnosed with terminal illness or confined to care facility for 60+ days (after first anniversary)
Market Value Adjustment (MVA)
Applied to excess withdrawals during charge period; not in MOAdjusts surrender/withdrawal amounts based on interest rate changes since issue; protects against negative MVAs below minimum guaranteed value
Withdrawal Charge Schedule
Year 1-6: 9.6%-5.2% (most states); 8.6%-3.6% (CA)Declining penalties for excess withdrawals during the 6-year charge period; varies by state
Minimum Guaranteed Contract Value (MGCV)
Provides downside protection floorEnsures a minimum interest crediting rate on a percentage of premium regardless of market conditions
Return of Premium (ROP)
Age 81+ at issueCustomers age 81+ can surrender during charge period and receive the greater of cash surrender value or initial premium less withdrawals
Highlights
Downside protection—your money is shielded from market losses while you have growth potential tied to market indices
Guaranteed income option—convert your annuity into a lifetime income stream at retirement
Flexible withdrawals—access 5-10% penalty-free each year, plus waivers for terminal illness or long-term care
Safety nets—return of premium guarantee and minimum interest credit ensure you don't lose money long-term
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
Retirees and pre-retirees seeking long-term growth with downside protection, guaranteed lifetime income, and flexible access to funds who can commit to a 6-year withdrawal charge period.
Consider Alternatives If
Investors with short-term needs or those requiring frequent access to more than 10% of their account annually, as surrender charges and market value adjustments may significantly reduce withdrawals.
Carrier Ratings
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