Calculating your Lifetime Income Withdrawals. The income amount you receive is calculated using your Income Base amount and multiplying it by the applicable Lifetime Income Withdrawal Percentage based on the income payment option you have chosen. Income Base x Lifetime Income Withdrawal % = Lifetime Income Withdrawal
Once you decide to start Lifetime Income Withdrawals, payments are guaranteed for life and will not decrease unless you withdraw more than the Lifetime Income Withdrawal amount from your annuity. 12
Lifetime Income Withdrawal Percentages (Single Life — guaranteed)
Age
50 55 60 65 66 67 68 69 70 75 80 85 90+
Level
4.40% 4.45% 4.95% 5.55% 5.65% 5.75% 5.85% 6.00% 6.10% 6.70% 7.45% 8.60% 10.00%
Earnings-Indexed
3.30% 3.35% 3.85% 4.45% 4.55% 4.65% 4.75% 4.90% 5.00% 5.60% 6.35% 7.50% 8.90%
Inflation-Adjusted
1.98% 2.00% 2.22% 2.49% 2.54% 2.58% 2.63% 2.70% 2.74% 3.01% 3.35% 3.87% 4.50%
Payout percentages vary by age. While only certain ages are represented here, payout percentages may increase each year for ages 50-90. Ask your financial professional about current Inflation-Adjusted Withdrawal Percentages. Do you want Joint Life Withdrawals? The percentages in this table are for the Single Life option. Subtract 0.5% from the Single Life withdrawal percentage to determine the Joint Life withdrawal percentage. Joint payouts are based on the Attained Age of the younger life. The Athene Ascent Income Rider is Required Minimum Distribution (RMD) “friendly.” Required Minimum Distributions (RMDs) are IRS mandatory withdrawals required with qualified contracts (such as an IRA). These withdrawals from your annuity contract are considered part of your free withdrawal, free of Withdrawal Charges, MVA or Premium Bonus Vesting Adjustment for the Contract Year. An RMD is not considered an Excess Withdrawal, so it will not reduce any future Lifetime Income Withdrawals — even if it exceeds your annual Lifetime Income Withdrawal amount. Prior to turning on income, an RMD will reduce the Income Base on a pro-rata basis. In other words, the percentage decrease in the Income Base will equal the percentage decrease in your annuity's Accumulated Value.
12 Lifetime Income Withdrawals may be reduced or may stop if you take Excess Withdrawals from your contract. If Excess Withdrawals, Withdrawal Charges, Premium Bonus Vesting Adjustment or Market Value Adjustments (MVAs) reduce the contract’s Accumulated Value to zero, your Lifetime Income Withdrawal Payments will stop and the rider will terminate.
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