Athene BCA 8 2.0
Athene Annuity and Life Company
5%
Free W/D
50
States
The Athene BCA 8 2.0 is a fixed indexed annuity designed for long-term retirement planning that provides principal protection, index-linked growth potential, and optional lifetime income withdrawals without requiring direct stock market investments.
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
Minimum Guaranteed Contract Value (MGCV)
Guaranteed minimum interest rateYour contract will never fall below a guaranteed minimum value based on a percentage of your adjusted premium, regardless of market conditions
Balanced Allocation Lifetime Income Rider (BALIR)
1.00% annual rider chargeOptional rider offering guaranteed lifetime income withdrawals with two options: SGO Max (4.5% guaranteed growth plus 100% of earnings) or Flex Growth (4.5% guaranteed growth or 200% of earnings, whichever is greater)
Free Withdrawal Amount
5-10% annuallyAccess 5% of your Accumulation Value in year one and 10% in all subsequent years without surrender charges or market value adjustments
Family Endowment Rider (FER/FER Max)
0.85% annual rider chargeOptional enhanced death benefit that guarantees your beneficiary receives at least your initial premium accumulated at a fixed rate, plus 100% of earned interest (FER Max only)
Market Value Adjustment (MVA)
Protected adjustment based on rate changesAdjusts surrender and withdrawal values based on interest rate changes, but protects you with limits—negative MVAs cannot reduce value below the Minimum Guaranteed Contract Value
Return of Charge Guarantee (ROC)
Full premium return guaranteeIf you make no withdrawals subject to surrender charges, you're guaranteed to receive at least your premium plus any bonus back, even if charges exceed earnings
Minimum Interest Credit (MIC)
16% of initial premium and bonusAt the end of your withdrawal charge period, if total interest credited is less than the MIC, you automatically receive a one-time credit for the difference
Confinement and Terminal Illness Waivers
Available in most statesAfter the first contract year, withdraw up to 100% of your value without surrender charges if diagnosed with terminal illness or confined to a care facility for 60+ consecutive days
Index Earnings Strategy (IES)
Set at contract issue for first 2-year termGrowth potential tied to benchmark index performance with a guaranteed Participation Rate applied to index growth every two-year term
Highlights
Guaranteed minimum interest rate on your premium protects principal while offering growth potential tied to market index performance
Multiple income withdrawal options including lifetime guaranteed income with the optional Balanced Allocation Lifetime Income Rider
Enhanced death benefit rider available that pays a minimum amount equal to initial premium plus interest earnings
Free withdrawal of 5-10% annually with no surrender charges, plus waived charges for required minimum distributions
Market Value Adjustment protection ensures negative adjustments never drop you below the Minimum Guaranteed Contract Value
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
This product is best for individuals seeking long-term retirement income protection who can commit to the contract terms and do not need frequent access to their full account balance.
Consider Alternatives If
This product is not appropriate for those with short-term financial needs or who anticipate requiring access to more than the annual Free Withdrawal amount, as early withdrawals beyond this limit will incur surrender charges.
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