Rate Update: Athene Ascent Pro Series

March 30, 2020
Annuity, Rates

Rate update for Athene Ascent^SM Pro

Effective April 4, 2020

Athene is adjusting new money rates and Payout Factors on Athene Ascent Pro. Rate grids with current and new rates can be found below. You can also visit Athene Connect for additional product information or to run an illustration.

Application deadlines (Revised — Please read!)

In order to receive current rates:

The application must be signed on or before April 3, 2020 and received at Athene* by market close (3 p.m. CT) on April 17, 2020. For applications submitted on AnnuityNet or Affirm (where no sign date was provided), the application signed date is the date the electronic order is submitted to your back office for final review.
The contract must be in good order, suitability review complete (if applicable) and all funds received at Athene* by market close (3 p.m. CT) on May 19, 2020.

Athene Ascent^SM Pro 7 Crediting Rates

Download our Product Guide for rates and state approvals:

Most states: Form 65218
Oregon: Form 65287

Athene Ascent Pro 7
Strategy Crediting Rates	Current	New
2-Year No Cap PTP¹ – BNP (Par Rate)	95%	70%
1-Year No Cap PTP¹ – BNP (Par Rate)	65%	50%
2-Year No Cap PTP^{1, 2} – Nasdaq FC (Par Rate)	60%	45%
1-Year No Cap PTP^{1, 2}– Nasdaq FC (Par Rate)	45%	30%
2-Year No Cap PTP¹ – AI Powered US Equity (Par Rate)	70%	55%
1-Year No Cap PTP¹ – AI Powered US Equity (Par Rate)	50%	40%
2-Year PTP – S&P 500^® (Cap)	40%	35%
2-Year PTP – S&P 500^® (Cap)	3.00%	2.50%
Bailout Cap Rate	1.00%	No Change
Fixed	1.35%	0.95%
Minimum Interest Credit	7%	1%
1 Because the index applies a volatility control mechanism, the range of both the positive and negative performance of the index is limited. 2 The Index features a performance control mechanism that limits its maximum growth potential within any given month. Consumers may therefore forego part of the growth of the Index if it rises beyond this limit within a month.

Athene Ascent^SM Pro 7 Payout Factors

Download a detailed view of our Lifetime Income Withdrawal Percentages:

Most states: Form 65258
Oregon: Form 65291

Athene Ascent Pro 7	Single Life¹ Lifetime Income Withdrawal Percentages
	Level² (Current & Guaranteed)		Earnings Indexed² (Current & Guaranteed)		Inflation^2,3 (Guaranteed)
Attained Age:	Current	New	Current	New	Current	New
50-54	3.40%	3.15%	2.80%	2.65%	1.53%	1.41%
55-59	3.40%+	3.15%+	2.80%+	2.65%+	1.53%+	1.41%+
60-64	3.90%+	3.65%+	3.30%+	3.15%+	1.75%+	1.64%+
65-69	4.40%+	4.15%+	3.80%+	3.65%+	1.98%+	1.86%+
70-74	4.90%+	4.65%+	4.30%+	4.15%+	2.20%+	2.09%+
75-79	5.40%+	5.15%+	4.80%+	4.65%+	2.43%+	2.31%+
80-84	5.90%+	5.65%+	5.30%+	5.15%+	2.65%+	2.54%+
85-89	6.40%+	6.15%+	5.80%+	5.65%+	2.88%+	2.76%+
90	6.90%	6.65%	6.30%	6.15%	3.10%	2.99%
1 Subtract 0.5% from the Single Life withdrawal percentage to determine the current Joint Life withdrawal percentage. 2 Beginning at age 55, the Lifetime Income Withdrawal Percentage will increase by 0.1% each year for the Level and Earnings Indexed options. Beginning at age 55, the Lifetime Income Withdrawal Percentage will increase by 0.045% each year for the Inflation option. 3 Guaranteed rates may be lower than current rates. Please contact the Company for current rates when your customer wants to elect income.

Athene Ascent^SM Pro 10 Crediting Rates

Download our Product Guide for rates and state approvals:

Most states: Form 65219
Oregon: Form 65288

Athene Ascent Pro 10
Strategy Crediting Rates	Current	New
2-Year No Cap PTP¹ – BNP (Par Rate)	105%	80%
1-Year No Cap PTP¹ – BNP (Par Rate)	70%	55%
2-Year No Cap PTP^{1, 2} – Nasdaq FC (Par Rate)	65%	60%
1-Year No Cap PTP^{1, 2}– Nasdaq FC (Par Rate)	50%	40%
2-Year No Cap PTP¹ – AI Powered US Equity (Par Rate)	75%	65%
1-Year No Cap PTP¹ – AI Powered US Equity (Par Rate)	55%	50%
2-Year PTP – S&P 500^® (Cap)	45%	40%
2-Year PTP – S&P 500^® (Cap)	3.25%	3.00%
Bailout Cap Rate	1.00%	No Change
Fixed	1.60%	1.10%
Minimum Interest Credit	10%	1%
1 Because the index applies a volatility control mechanism, the range of both the positive and negative performance of the index is limited. 2 The Index features a performance control mechanism that limits its maximum growth potential within any given month. Consumers may therefore forego part of the growth of the Index if it rises beyond this limit within a month.

Athene Ascent^SM Pro 10 Payout Factors

Download a detailed view of our Lifetime Income Withdrawal Percentages:

Most states: Form 65257
Oregon: Form 65290

Athene Ascent Pro 10	Single Life¹ Lifetime Income Withdrawal Percentages
	Level² (Current & Guaranteed)		Earnings Indexed² (Current & Guaranteed)		Inflation^2,3 (Guaranteed)
Attained Age:	Current	New	Current	New	Current	New
50-54	3.40%	3.15%	2.80%	2.65%	1.53%	1.41%
55-59	3.40%+	3.15%+	2.80%+	2.65%+	1.53%+	1.41%+
60-64	3.90%+	3.65%+	3.30%+	3.15%+	1.75%+	1.64%+
65-69	4.40%+	4.15%+	3.80%+	3.65%+	1.98%+	1.86%+
70-74	4.90%+	4.65%+	4.30%+	4.15%+	2.20%+	2.09%+
75-79	5.40%+	5.15%+	4.80%+	4.65%+	2.43%+	2.31%+
80-84	5.90%+	5.65%+	5.30%+	5.15%+	2.65%+	2.54%+
85-89	6.40%+	6.15%+	5.80%+	5.65%+	2.88%+	2.76%+
90	6.90%	6.65%	6.30%	6.15%	3.10%	2.99%
1 Subtract 0.5% from the Single Life withdrawal percentage to determine the current Joint Life withdrawal percentage. 2 Beginning at age 55, the Lifetime Income Withdrawal Percentage will increase by 0.1% each year for the Level and Earnings Indexed options. Beginning at age 55, the Lifetime Income Withdrawal Percentage will increase by 0.045% each year for the Inflation option. 3 Guaranteed rates may be lower than current rates. Please contact the Company for current rates when your customer wants to elect income.

Athene Ascent^SM Pro 10 Bonus Crediting Rates

Download our Product Guide for rates and state approvals:

Most states: Form 65220
Oregon: Form 65289

Athene Ascent Pro 10 Bonus
Strategy Crediting Rates	Current	New
2-Year No Cap PTP¹ – BNP (Par Rate)	70%	60%
1-Year No Cap PTP¹ – BNP (Par Rate)	50%	45%
2-Year No Cap PTP^{1, 2} – Nasdaq FC (Par Rate)	45%	40%
1-Year No Cap PTP^{1, 2}– Nasdaq FC (Par Rate)	35%	25%
2-Year No Cap PTP¹ – AI Powered US Equity (Par Rate)	55%	50%
1-Year No Cap PTP¹ – AI Powered US Equity (Par Rate)	40%	35%
1-Year No Cap PTP1 – S&P 500 Daily Risk Control 5%^TMIndex TR (Total Return) (Par Rate)	30%	No Change
1-Year PTP – S&P 500^® (Cap)	2.25%	No Change
Bailout Cap Rate	1.00%	No Change
Fixed	0.90%	0.85%
Minimum Interest Credit	5%	1%
1 Because the index applies a volatility control mechanism, the range of both the positive and negative performance of the index is limited. 2 The Index features a performance control mechanism that limits its maximum growth potential within any given month. Consumers may therefore forego part of the growth of the Index if it rises beyond this limit within a month.