Annuity Atlas
Reviews

Expert review · 2025

Athene Annuity review

Leading retirement services company with top-rated fixed and indexed annuities.

Our rating

4.1
Avg ★ / 5
Products reviewed60
A.M. BestA+
S&PA+
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Founded
2009
Headquarters
West Des Moines, IA
Total assets
$250+ Billion
A.M. Best
A+
01

60 Athene Annuity annuities reviewed

Sorted by star rating. Click any product for the full peer-group review.

ProductTypeSurrenderRatingIncome riderBonus
Athene Protector 5
Buyers who want principal protection with accumulation potential on a shorter 5-year timeline from a top-rated carrier
FIA5yr 4.4Review →
Athene Accumulator 5
Buyers who want a 5-year accumulation FIA with strategy charges that enable higher crediting potential from a top-rated carrier
FIA5yr 4.4Review →
Athene MYG
Savers who want a guaranteed interest rate with principal protection from one of the highest-rated carriers in the market across flexible term lengths
MYGA7yrA+Review →
Athene Activate
Retirees who want to convert a lump sum into guaranteed income payments from a top-rated carrier with multiple payout options
Income0yr 4.3Review →
Athene Aviator 5
Buyers who want a 5-year accumulation FIA with a competitive crediting menu from a top-rated carrier
FIA5yr 4.3Review →
Athene Ascent Pro 7
Buyers who want a 7-year accumulation FIA with the option to add an income rider later from a top-rated carrier
FIA7yr 4.3Yes
Optional; varies fee
Review →
Athene Performance Elite 10
Buyers who want a premium 10-year accumulation FIA with enhanced crediting strategies and income optionality from a top-rated carrier
FIA10yr 4.3Yes
Optional; varies fee
Review →
Athene AccuMax 5
Buyers who want a 5-year accumulation FIA with strategy charges that enable higher crediting potential from a top-rated carrier
FIA5yr 4.3Review →
MYG 7-Year with ROP
Conservative savers who want a locked 7-year rate and a meaningful safety net if their plans change before the term ends
MYGA7yrA+Review →
Athene Agility 10
Buyers who want a 10-year accumulation FIA with built-in income and death benefit features from a top-rated carrier
FIA10yr 4.2Yes
Built into product design fee
Review →
Athene Ascent Pro 10
Buyers who want a 10-year accumulation FIA with the option to add an income rider from a top-rated carrier
FIA10yr 4.2Yes
Optional; varies fee
Review →
Athene AccuMax 7
Buyers who want a 7-year accumulation FIA with strategy charges that enable higher crediting potential from a top-rated carrier
FIA7yr 4.2Review →
MaxRate 5
Savers who want a clean 5-year locked rate from a highly rated carrier, with no fees and a straightforward free-withdrawal provision
MYGA5yrA+Review →
MYG 5-Year
Savers who want a guaranteed, bank-channel MYGA rate locked for five years with clean free-withdrawal terms and no rider complexity
MYGA5yrA+Review →
MYG 5-Year with ROP
Conservative savers who want a locked 5-year rate, a return-of-premium safety net, and a clean death benefit without index exposure or rider complexity
MYGA5yrA+Review →
Velocity
Buyers who want to fund future lifetime income, value a no-cost built-in income rider, and can leave the money alone for several years before turning income on
Income10yr 4.2Yes
0.00% — included at no additional cost fee
Review →
Performance Elite 10 Plus
Buyers who want a large upfront premium bonus, broad index access, and accumulation-focused FIA mechanics without an income rider
FIA10yr 4.226% (ages 0-70); 24% (ages 71-75); 22% (ages 76-78)Review →
MYG 5-Year (NY)
New York residents who want a clean 5-year locked rate, no rider complexity, and a well-rated carrier with accessible free-withdrawal terms from day one
MYGA5yrA+Review →
Athene Protector 7
Buyers who want principal protection with accumulation potential on a 7-year timeline from a top-rated carrier
FIA7yr 4.1Review →
Athene Aviator 10
Buyers who want a 10-year accumulation FIA with a broad crediting menu from a top-rated carrier
FIA10yr 4.1Review →
Accumulator 10
Accumulation-focused buyers who want a wide index menu, competitive S&P 500 cap rates, and are comfortable with a 10-year commitment
FIA10yr 4.1Review →
Amplify 2.0 NF
Buyers who want meaningfully more upside than a fixed indexed annuity allows, are comfortable taking on a defined slice of market loss in exchange, and do not need a built-in income rider
FIA6yr 4.1Review →
Amplify 3.0
Buyers who want more growth potential than a fixed indexed annuity allows and are willing to accept limited market loss in exchange for higher caps
FIA6yr 4.1Review →
BCA 2.0 10-Year
Long-term savers who want a deep index menu and the flexibility to add a lifetime income rider later — or never
FIA10yr 4.18%-12% depending on rider and state (FER or FER Max required)Review →
MaxRate 3
Conservative savers who want a guaranteed three-year rate from a highly rated carrier with no rider complexity and built-in RMD flexibility
MYGA3yrA+Review →
MaxRate 7
Conservative savers who want a guaranteed fixed rate locked in for seven years, RMD-friendly structure, and Athene's A+ carrier backing
MYGA7yrA+Review →
MYG 3-Year with MVA
Savers who want a short, guaranteed-rate commitment with competitive yield, clean liquidity terms, and a carrier with strong financial ratings
MYGA3yrA+Review →
MYG 5-Year with MVA
Conservative savers who want a locked 5-year rate, a 10% annual free-withdrawal allowance from day one, and RMD-friendly terms without any rider complexity
MYGA5yrA+Review →
MYG 7-Year
Savers who want a locked guaranteed rate for seven years, immediate free-withdrawal access, and no market value adjustment risk
MYGA7yrA+Review →
MYG 7-Year with MVA
Savers who want a locked 7-year guaranteed rate, RMD-friendly terms, and a low $5,000 entry point without rider complexity
MYGA7yrA+Review →
MYG Assure 7
Buyers who want a 7-year locked rate, a no-MVA surrender structure, and can access the product through the JP Morgan Chase advisor channel
MYGA7yrA+Review →
Performance Elite 7
Accumulation-focused buyers who want a wide index menu, no mandatory rider fee, and the option to dial up participation rates by paying an explicit strategy charge
FIA7yr 4.1Review →
Performance Elite 7 Plus
Buyers who want a 6% account-value premium bonus, multiple index choices, and principal protection in a 7-year FIA without an income rider
FIA7yr 4.16.00%Review →
Amplify 2.0 NF (NY)
New York buyers who want index-linked growth with a chosen buffer against losses, no annual product fee, and a wide menu of crediting strategies, and who do not need an income rider
FIA6yr 4.1Review →
MYG 7-Year (NY)
New York residents who want a locked multi-year guaranteed rate with no market risk, no fees, and a clean 7-year commitment
MYGA7yrA+Review →
Athene Agility 7
Buyers who want a shorter-duration accumulation FIA with built-in income and death benefit features from a top-rated carrier
FIA7yr 4.0Yes
Built into product design fee
Review →
Accumulator 7
Buyers who want principal protection and a broad index menu in a 7-year FIA without paying for an income rider
FIA7yr 4.0Review →
Amplify 2.0
Buyers who want index-linked growth with a chosen level of downside protection and are comfortable trading a 6-year commitment and an annual segment fee for higher upside than a fully-protected indexed annuity
FIA6yr 4.0Review →
BCA 2.0 6-Year
Accumulation-focused buyers who want a deep bench of index strategies, biennial crediting cycles, and principal protection without paying for an income rider
FIA6yr 4.0Review →
BCA 2.0 8-Year
Buyers who want a biennial participation-rate structure across a broad index menu, are comfortable with an 8-year commitment, and may want to layer on a lifetime income rider later
FIA8yr 4.0Review →
MYG 3-Year
Conservative savers who want a short locked-rate commitment, a competitive guaranteed yield, and clean access to 10% annually without penalty
MYGA3yrA+Review →
MYG 3-Year with ROP
Savers who want a short-term guaranteed rate with a hard floor on worst-case losses and no tolerance for surrender-period uncertainty
MYGA3yrA+Review →
MYG Assure 5
Buyers who want a straightforward 5-year locked rate, prefer a no-MVA structure, and can work within the JP Morgan Chase distribution channel
MYGA5yrA+Review →
MaxRate 3 (NY)
New York residents who want a simple three-year guaranteed rate from an A+-rated carrier with no fee load and no market value adjustment risk
MYGA3yrA+Review →
MaxRate 5 (NY)
New York residents who want a guaranteed fixed rate for five years, no market exposure, and a clean CD-alternative structure
MYGA5yrA+Review →
MYG 3-Year with ROP (NY)
New York residents who want a short, guaranteed fixed rate with a built-in floor against principal loss during the surrender period
MYGA3yrA+Review →
MYG 5-Year with ROP (NY)
New York residents who want a locked 5-year rate with a guaranteed floor against loss on full surrender
MYGA5yrA+Review →
MYG 7-Year with ROP (NY)
New York residents who want a guaranteed multi-year rate with a Return of Premium safety net and no market exposure
MYGA7yrA+Review →
Athene Ascent Pro 10 Bonus
Buyers who want the Ascent Pro 10 design with an added premium bonus to boost starting value
FIA10yr 3.9Yes
Optional; varies fee
VariesReview →
Accumulator Select 5
Accumulation-focused buyers with Wells Fargo advisor access who want principal protection, a shorter 5-year FIA commitment, and a broad index menu including exotic participation-rate strategies
FIA5yr 3.9Review →
MYG Assure 3
Savers who want a short, guaranteed-rate commitment with a competitive yield and no indexing complexity
MYGA3yrA+Review →
MYG 3-Year (NY)
New York residents who want a short-term guaranteed rate with no moving parts and a low $5,000 entry point
MYGA3yrA+Review →
MYG Assure 3 (NY)
New York residents who want a short-term locked rate through a JP Morgan Chase advisor without principal risk
MYGA3yrA+Review →
MYG Assure 5 (NY)
New York residents who want a clean 5-year locked rate, access a JP Morgan Chase advisor, and want no MVA risk on their contract
MYGA5yrA+Review →
MYG Assure 7 (NY)
New York residents placing $100,000 or more with a JP Morgan Chase advisor who want a clean locked rate for seven years
MYGA7yrA+Review →
BCA 2.0 12-Year
Patient accumulation buyers who want a deep index menu and the option to add lifetime income or an enhanced death benefit, but are not in a hurry and can tolerate a long lockup
FIA12yr 3.810% (FER, most states) or 14% (FER Max, most states)Review →
Protector Select 5
Accumulation-focused buyers who want principal protection, a short 5-year commitment, and a wide index menu — and who work with a Wells Fargo advisor
FIA5yr 3.8Review →
Performance Elite 15 Plus
Buyers who can commit to a full 15-year hold, want a large account-value bonus credited upfront, and have no expectation of needing early access to principal
FIA15yr 3.834% for ages 0-70; 29% for ages 71-73Review →
MaxRate 7 (NY)
New York residents who want a 7-year locked rate, no market risk, and a guaranteed yield with no MVA exposure
MYGA7yrA+Review →
Performance Elite 15
Long-horizon buyers who want a large upfront premium bonus, principal protection, and a deep crediting menu and are confident they won't need access to the money for 15 years
FIA15yr 3.615% (ages 0–70); 11% in IN and DE. Plus version: 20% (ages 0–70); 14% in IN; 15% in DE. Per Wink: 27% ages 0–70; 22% ages 71–73 (current as of Oct 2025).Review →
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About Athene Annuity

Athene is one of the largest and fastest-growing retirement services companies in the United States. Known for competitive fixed and fixed indexed annuity rates, Athene has built a reputation for financial strength and innovation in the retirement income space. Their products consistently rank among the top choices for guaranteed income and accumulation.

03

How we scored them

Income Options96/100
Financial Strength92/100
Fees & Costs90/100
Flexibility88/100
Customer Service91/100
04

The tradeoffs

What works
  • Industry-leading fixed annuity rates
  • Strong financial ratings from all major agencies
  • Wide range of indexed crediting strategies
  • Competitive income rider payouts
  • No annual fees on base contracts
What to watch
  • Limited variable annuity options
  • Surrender periods can be lengthy (7-10 years)
  • Not available in all states
  • Newer company compared to legacy insurers
05

What you could receive

Estimated guaranteed lifetime income based on a single premium payment. Actual rates may vary.

InvestmentAgeMonthlyAnnualGuarantee
$100,00060$545$6,540Lifetime
$250,00065$1,520$18,240Lifetime
$500,00065$3,040$36,480Lifetime
$1,000,00070$6,830$81,960Lifetime
06

Fee schedule

Fee typeAmountDescription
Annual Contract Fee$0No annual maintenance fee on base contract
Income Rider Fee0.95% - 1.20%Annual fee on benefit base for optional income rider
Surrender ChargeVaries by yearDeclining charge for early withdrawals beyond free amount
07

Early withdrawal penalties

Charges apply to amounts above the annual free withdrawal (typically 10%).

Yr 1Yr 2Yr 3Yr 4Yr 5Yr 6Yr 7Yr 8Yr 9Yr 10
9%9%8%7%6%5%4%3%2%0%
08

Best fit for these buyers

Investors seeking high guaranteed income
Those wanting competitive fixed rates
Retirees looking for principal protection with growth potential
Ages 55-75 planning for retirement income
09

Frequently asked questions

Is Athene Annuity a good annuity company?
Athene Annuity earns an average rating of 4.1/5 across the 60 products we've reviewed, with an AM Best rating of A+ and S&P rating of A+. Their financial strength is rated "Excellent" with $250+ Billion in total assets. Athene Annuity is particularly strong in income options.
How much income can I get from a Athene Annuity annuity?
Income depends on your investment amount and age. For example, a $500,000 investment at age 65 could generate approximately $36,480 per year in guaranteed lifetime income. A $250,000 investment at the same age could generate about $18,240 per year.
What are the fees for Athene Annuity annuities?
Athene Annuity charges Annual Contract Fee: $0, Income Rider Fee: 0.95% - 1.20%, Surrender Charge: Varies by year. Notably, there is no annual contract fee on the base contract, which is a competitive advantage.
What is the surrender period for Athene Annuity annuities?
Athene Annuity annuities typically have a 10-year surrender period. Charges start at 9% in year one and decline to 0% in the final year. Most products allow 10% annual free withdrawals without penalty.

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