Review: Everything You Need to Know About Athene Agility Fixed Indexed Annuities

Athene Agility is a fixed indexed annuity designed to provide financial security, flexibility, and growth potential for individuals planning their retirement. It offers a blend of investment safety and income generation, allowing policyholders to adapt to changing financial needs.

Key Features and Benefits:

1. Market Protection with Growth Potential

   • Funds are not directly invested in the stock market, reducing risks.

   • Gains are locked in and cannot be lost in market downturns.

   • Various crediting strategies provide interest accumulation opportunities.

2. Guaranteed Lifetime Income

   • Policyholders can set up a steady "retirement paycheck" through Lifetime Income Withdrawals.

   • Income payments can increase over time based on interest credits.

3. Liquidity and Accessibility

   • Offers free annual withdrawals up to 10% of the contract value.

   • Enhanced withdrawal benefits for long-term care or terminal illness needs.

4. Strong Financial Backing

   • Issued by Athene Annuity and Life Company, a financially stable entity with A+ ratings from major agencies.

   • Partnered with Apollo Global Management, adding investment expertise.

5. Legacy and Death Benefit Options

   • Provides an option for beneficiaries to receive either the annuity's accumulated value or a guaranteed Benefit Base over a set period.

6. Tax Advantages

   • Growth within the annuity is tax-deferred until withdrawals begin.

Considerations:

• Early withdrawals exceeding free limits may incur withdrawal charges and Market Value Adjustments (MVAs).

• Lifetime Income Withdrawals may stop if excess withdrawals deplete the annuity’s accumulated value.

• Not available in all states; terms vary based on contract conditions.

  
  

Final Verdict:

Athene Agility is a well-rounded annuity product for individuals looking for growth potential, income security, and financial flexibility in retirement. Its market protection features and guaranteed income benefits make it a strong contender for those seeking a structured retirement plan. However, understanding withdrawal penalties and contract specifics is crucial before committing.

We'll end with a note that we are an independent firm which gives us the advantage of being entirely objective when it comes to recommending a product or service, so if you feel like you would like a second opinion from us regarding this annuity, or something else, feel free to contact us for a nice chat.

Best Regards,

Derek Notman & Drew Faloon