Rates Rise for Athene MYGA Products Effective 08/20/21

,

Great news! Rates are rising on select Athene products.

Rate grids with current and new rates can be found below. For additional information visit Athene Connect where you can…

  • View current and past rate changes
  • Download forms and materials
  • Run an illustration

These changes will be effective with a contract date on or after August 20, 2021. The contract effective date is the date the contract has been deemed in good order and all funds received. While we cannot reissue contracts, any pending business will receive the new rates if the contract date is on or after the rate change effective date.

Revised materials will be available on Athene Connect beginning August 20, 2021. Be sure to use up-to-date materials when offering Athene annuities. You may experience slight processing delays on any print orders in the days before or after a rate change effective date.

Athene MaxRate® Crediting Rates

Multi-Year and 1-Year Fixed Strategy*
 Most StatesAK, CA, CT, DE, HI, ID, MD, MN, MO, NJ, NV, OH, OK, OR, PA, SC, TX, UT & WA
Product TermPremium BandCurrentNewCurrentNew
3-YearHigh Band:
$100,000+		1.30%1.60%1.30%1.60%
Low Band:
Up to $100,000		1.15%1.45%1.15%1.45%
5-YearHigh Band:
$100,000+		1.90%2.20%1.85%2.15%
Low Band:
Up to $100,000		1.75%2.05%1.70%2.00%
7-YearHigh Band:
$100,000+		2.00%2.30%1.95%2.25%
Low Band:
Up to $100,000		1.85%2.15%1.80%2.10%
* The Multi-Year Fixed Strategy interest rate applies to the Initial Premium and the 1-Year Fixed Strategy interest rate applies to Additional Premium.