CUSIP Number:
04685L552
CUSIP Name:
7-Year
Product Policy Type:
Fixed Annuity
Inception Date:
Close Date:
CUSIP Note:
Scrap Book:
The Athene MYG MVA 7 is a flexible premium deferred annuity with a market value adjustment (varies by state). The initial minimum contribution is $5,000 qualified and non-qualified. Additional contributions can be made for $1,000 or more and will be allocated to the 1-Year Fixed Strategy. The Initial Interest Rate for this strategy is set at issue and is guaranteed for one year. There is an annual 10% free withdrawal of accumulated value available during the first contract year. Systematic withdrawal is an option. Surrender charges vary by state and are waived in the event of death, confined to a Qualified Care Facility or diagnosis of a terminal illness. Withdrawals taken prior to age 59 1/2 may be subject to IRS penalties and any withdrawals taken during the Surrender Charge Period above the penalty-free amount will be subject to Surrender Charges. This product, its features and rider may not be available in all states. This is an annuity contract issued by an insurance company and not securities or bank products protected by the FDIC.
Last Modified:
14 Dec 2023 20:37