Protect and manage your money with these additional features. Minimum Interest Credit — Automatic
eligibility requirements. No Withdrawal Charge, Premium Bonus Vesting Adjustment or MVA apply if you qualify for this benefit. 17, 19 You cannot be confined at the time your contract is issued and confinement must begin at least one year after the Contract Date. This waiver is considered an Excess Withdrawal and will result in the termination of your income rider. Terminal Illness Waiver. Withdraw up to 100% of the annuity’s Accumulated Value if you are diagnosed with a terminal illness that is expected to result in death within one year and meet eligibility requirements. No Withdrawal Charge, Premium Bonus Vesting Adjustment or MVA apply if you qualify for this benefit. 17, 19 This waiver is available after your first Contract Anniversary and the initial diagnosis of terminal illness must be made at least one year after the Contract Date. It is considered an Excess Withdrawal and will result in the termination of your income rider. Contract Surrender. If you decide to surrender your Contract, Athene will pay you the Contract’s Cash Surrender Value. The Cash Surrender Value is equal to the greater of the following values as defined in your contract: • The Accumulated Value adjusted for any applicable Withdrawal Charges, Premium Bonus Vesting Adjustment and MVA • The Minimum Guaranteed Contract Value Please see the Certificate of Disclosure for more information on these features. Minimum Guaranteed Contract Value. Ensures you will receive a minimum interest crediting rate on a percentage of your premium, adjusted for withdrawals, while the contract is in effect.
Interest Boost. The indexed crediting strategies in a fixed indexed annuity guarantee that your Accumulated Value will never decrease due to market performance. The Minimum Interest Credit feature in Athene Ascent Pro annuity takes this guarantee one step further. If at the end of your withdrawal charge period, the total interest credited to your Accumulated Value is less than the Minimum Interest Credit, you will automatically receive a one-time interest credit equal to the difference. 17 The Minimum Interest Credit is based upon a percentage of your Initial Premium less withdrawals and charges. Bailout Feature — Flexibility and Protection. If Athene lowers the declared 1-Year Point-to-Point Index Strategy Annual Cap Rate below the Bailout Cap Rate, you’ll have full access to your annuity’s Accumulated Value — free of any charges — for up to 30 days after the Contract Anniversary in which the Bailout Cap Rate was pierced. After the 30-day Bailout Window, all charges may apply. Free Withdrawals. Beginning in the first Contract Year, you can withdraw up to 10% of your annuity’s Accumulated Value each Contract Year without a Withdrawal Charge, Premium Bonus Vesting Adjustment or MVA. 18 Required Minimum Distributions (RMDs) described on page 10 of this brochure, are considered part of your Free Withdrawal, free of a Withdrawal Charge, Premium Bonus Vesting Adjustment and MVA, for the Contract Year. Confinement Waiver. You can withdraw up to 100% of your annuity’s Accumulated Value if you are confined to a Qualified Care Facility. This benefit is available if you are confined for at least 60 consecutive days any time after the first Contract Year and meet
17 Not available in all states. Additional limitations, variations and exclusions may apply. Please see the Certificate of Disclosure for more information on these features. 18 Withdrawals and surrender may be subject to federal and state income tax and, except under certain circumstances, will be subject to an IRS penalty if taken prior to age 591/2. Withdrawals are not credited with index interest in the year they are taken. Withdrawals in excess of the free amount are subject to a Withdrawal Charge, and MVA which may result in the loss of principal if taken during the first 10 years of the contract. 19 Confinement Waiver is not available in MA. Confinement and Terminal Illness Waivers are not available in CA. This benefit is NOT long-term care insurance nor is it a substitute for such coverage.
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