Athene Performance Elite Plus includes additional liquidity features: Enhanced Free Withdrawals On Performance Elite 10 and 15, the penalty-free withdrawal amount is increased to 10% per year and may be taken as early as the first Contract Year. If no withdrawals are taken in a given year, up to 20% of the Accumulated Value is available for withdrawal in the next year. Return of Premium Benefit After the fourth Contract Year, the Cash Surrender Value will never be less than the premium minus premium taxes (if applicable) and prior withdrawals, including Withdrawal Charges, Premium Bonus Vesting Adjustment and Market Value Adjustment on those withdrawals. Enhanced Annuitization 1 Performance Elite 7 allows Enhanced Annuitization after the fifth Contract Year. Performance Elite 10 allows Enhanced Annuitization after the seventh 2 Contract Year. Performance Elite 15 allows Enhanced Annuitization after the ninth Contract Year. You may elect to surrender your contract and apply the Accumulated Value to one of five settlement options. No Withdrawal Charges, Premium Bonus Vesting Adjustments or Market Value Adjustments will apply upon election of this feature, provided one of the Settlement Options is elected and annuity payments commence. Please refer to the Certificate of Disclosure for specific settlement options. Rider Charge The Liquidity Rider included with Athene Performance Elite Plus has a charge that is deducted from your annuity’s Accumulated Value during the Withdrawal Charge period. A Rider Charge will be assessed when any of the following occur: when you reach the end of a Contract Year; when you take a withdrawal; on the Annuity Date; upon surrender; upon the date of proof of death; or if the rider is terminated. The rider may not be terminated during the Withdrawal Charge period.
1 Not Available in CA or FL for Performance Elite 7 Plus, Performance Elite 10 Plus and Performance Elite 15 Plus. 2 In MD, Performance Elite 10 allows Enhanced Annuitization after the sixth Contract Year.
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