Get the most income from your annuity.
What will it take to close your retirement income gap? Whatever your need, Athene Ascent Pro can help you get there. Its built-in income rider lets you grow your income amount over time. Then, when you're ready, you can start a guaranteed stream of income to last throughout your retirement.
Understanding the rider's three distinct phases can help you make the most of your annuity's income potential.
GROWTH
This is your opportunity to grow your rider’s Income Base. It begins when you purchase your annuity and ends when you start taking income or after 20 years, whichever occurs first. During this phase, all withdrawals will reduce the Income Base and the annuity's Accumulated Value by the same percentage. Growth is referred to as "Accumulation" in your annuity contract.
INCOME
This phase begins when you start taking Lifetime Income Withdrawals, which reduce your annuity’s Accumulated Value. It ends when the Accumulated Value reaches zero. Withdrawals in excess of the Lifetime Income Withdrawal amount will reduce future Lifetime Income Withdrawals and in some instances will terminate the rider.
EXTENDED INCOME GUARANTEE
If Lifetime Income Withdrawals (and not an Excess Withdrawal) reduce your Accumulated Value to zero, you'll continue to receive the Lifetime Income Withdrawal amount for the rest of your life.
Please refer to the Certificate of Disclosure for a complete description of the phases and how they work.
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