Rate Update for Athene Products Effective 02/25/23

Application deadlines

In order to receive current rates:

  • The application must be signed on or before February 24, 2023 and received at Athene* by market close (3 p.m. CT) on March 10, 2023. For electronic applications submitted on AnnuityNet or Affirm (where no sign date was provided), the application signed date is the date the electronic order is submitted to your back office for final review.
  • The contract must be in good order, suitability review complete (if applicable) and all funds received at Athene* by market close (3 p.m. CT) on April 26, 2023.

* Please Note: Athene’s rate lock period begins on the rate change effective date. If you submit applications through your firm’s back office, please allow for additional processing time in order to meet the deadlines listed above.

Revised materials will be available on the Forms and Materials page beginning February 25, 2023. 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

Multi-Year and 1-Year Fixed Strategy 1

 

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+)

4.70%

4.60%

▼ 0.10%

4.70%

4.60%

▼ 0.10%

Low Band:
(Up to $100,000)

4.45%

4.35%

▼ 0.10%

4.45%

4.35%

▼ 0.10%

5-Year​​​​​​​

High Band:
($100,000+)

5.35%

5.20%

▼ 0.15%

5.30%

5.15%

▼ 0.15%

Low Band:
(Up to $100,000)

4.95%

4.80%

▼ 0.15%

4.90%

4.75%

▼ 0.15%

7-Year

High Band:
($100,000+)

5.40%

5.25%

▼ 0.15%

5.35%

5.20%

▼ 0.15%

Low Band:
(Up to $100,000)

5.00%

4.85%

▼ 0.15%

4.95%

4.80%

▼ 0.15%

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.