The Power of 10% Simple Interest
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The Power of 10% Simple Interest
An Optional Income Rider The Power of 10% Simple Interest Your clients’ Income Base1 can DOUBLE in 10 years with an Income Base Guaranteed Simple Interest Rate of 10%!2 It doesn’t have to stop at year 10. Clients receive a 10% roll-up rate for 10 years and 5% for the next 10 years that’s credited to the Income Base —guaranteed. That’s up to 20 years of outstanding growth! Guaranteed simple interest during the accumulation period How Income Grows Initial Premium of $100,000 Athene’s Income AspectSM rider3 is a great solution for clients who: $260,000 • Want to know exactly what they’re going to $240,000 accumulate each year $220,000 • Want a strong performer for the initial $200,000 for example in 10 years Simple vs. Compound Interest Initial Premium of $100,000 End of Contract Year 10% Simple Interest 7% Compound Interest 1 $113,000 $110,210 2 $123,000 $117,925 3 $133,000 $126,179 4 $143,000 $135,012 5 $153,000 $144,463 6 $163,000 $154,575 7 $173,000 $165,395 8 $183,000 $176,973 9 $193,000 $189,361 10 $203,000 $202,617 This hypothetical example shows simple interest credited at 10% years 1-10 and compound interest at 7%, assuming no withdrawals are taken. Assuming 3% bonus applied to Income Base.2 The Income Base is different than the Accumulation Value and cannot be withdrawn. 2 Each year, simple interest is calculated on the original premium amount less any withdrawals. Interest is not credited on previously accrued interest. Withdrawals will reduce the Income Base and the base for which simple interest is calculated. The Income Base is not credited with simple interest after Lifetime Income Withdrawals have started. Income Base Guaranteed Simple Interest Rate varies by premium band and state variations may apply. 3 This optional rider is offered, for a charge, with the Athene Ascent 10, Athene Ascent 10 Bonus, Athene Ascent 10 Bonus Select and Athene Ascent 1 65042 End of Year Income Base accumulation years • Want to take income earlier in their contracts, Hypothetical Example $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 0 1 1011 20 Contract Year $10,000 Simple Interest Credited Annually $5,000 Simple Interest Credited Annually End of Year Simple Interest Credited Beginning of Year Income Base This hypothetical example shows simple interest credited at 10% ($10,000) years 1-10 and 5% ($5,000) years 11-20, assuming no withdrawals are taken. Assuming 3% bonus applied to Income Base.2 10 Bonus Pro fixed indexed annuities and can only be elected at issue with the purchase of the Annuity Contract. Athene Ascent 10 [GEN10 (07/14) NB], Athene Ascent 10 Bonus [GEN10 (07/14)], Athene Ascent 10 Bonus Select [GEN10 (07/14) SR], Athene Ascent 10 Bonus Pro [TBS10 (09/12)] and Athene Income Aspect [IR (07/14)] or state variations are issued by Athene Annuity and Life Company, West Des Moines, IA. Please see their Certificates of Disclosure for details. Product features, limitations and availability vary. Products not available in all states. Rates as of 03/16/2015 and are subject to change. For agent or internal use only. Not to be used with the offer or sale of annuities.(02/15)