Rates Rise on Select Athene Products Effective 05/13/22
We’re updating rates on Athene products. Rate grids with current and new rates can be found below. Visit Athene Connect for additional product information or to run an illustration.
National
These changes will be effective with a contract date on or after May 13, 2022. 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 the Forms and Materials page beginning May 13, 2022. 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®
Athene MaxRate® 3, 5 and 7 Crediting Rates
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Multi-Year and 1-Year Fixed Strategy 1 |
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| Most States | AK, CA, CT, DE, HI, ID, MD, MN, MO, NJ, NV, OH, OK, OR, PA, SC, TX, UT & WA | ||||||
| Product Term | Premium Band | Current | New | Change | Current | New | Change |
|---|---|---|---|---|---|---|---|
| 3-Year | High Band: ($100,000+) |
2.80% | 3.45% | ▲ 0.65% | 2.80% | 3.45% | ▲ 0.65% |
| Low Band: (Up to $100,000) |
2.65% | 3.35% | ▲ 0.70% | 2.65% | 3.35% | ▲ 0.70% | |
| 5-Year | High Band: ($100,000+) |
3.40% | 3.85% | ▲ 0.45% | 3.35% | 3.80% | ▲ 0.45% |
| Low Band: (Up to $100,000) |
3.25% | 3.75% | ▲ 0.50% | 3.20% | 3.70% | ▲ 0.50% | |
| 7-Year | High Band: ($100,000+) |
3.60% | 4.00% | ▲ 0.40% | 3.55% | 3.95% | ▲ 0.40% |
| Low Band: (Up to $100,000) |
3.45% | 3.90% | ▲ 0.45% | 3.40% | 3.85% | ▲ 0.45% | |
1 The Multi-Year Fixed Strategy interest rate applies to the Initial Premium and the 1-Year Fixed Strategy interest rate applies to Additional Premium.