CUSIP Number:
04685L180
CUSIP Name:
10 Year Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
Close Date:
CUSIP Note:
Scrap Book:
The Athene Ascent 10 Bonus Pro is a single premium deferred annuity with a market value adjustment. The minimum single premium is $5,000 for qualified and non-qualified money. 5% of the accumulated value is available in the first contract year without a withdrawal charge or market value adjustment. After the first contract year, the free withdrawal amount is equal to 10% of the accumulated value. Surrender charges are ten years in duration and are waived in the event of death, confinement, or diagnosis of a terminal illness. The Income Aspect is an optional Income Rider, available for an extra charge, that offers Lifetime Income Withdrawals with an Enhanced Income Benefit. Withdrawals and taxable distributions may be subject to ordinary income tax and if made prior to age 59 1/2, may also be subject to a 10% federal income tax penalty. Guarantees based on claims paying ability of insurer. This is an annuity contract issued by an insurance company and not a bank product protected by the FDIC.
Last Modified:
31 Jul 2023 12:31