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Reviews · FIA

Athene Performance Elite

An Athene fixed indexed annuity available in multiple surrender period lengths (typically 5, 7, and 10 years) to match the consumer to a chosen lock-up.

Carrier
Product type
FIA
A.M. Best
A+
Last reviewed
2026-05-10

Positioning

FIA family with variants tuned for shorter or longer surrender commitments. Shorter variants pay lower caps; longer pay higher.

Contract terms at a glance

Surrender period
5, 7, or 10
Free withdrawal
10% annually beginning in year 2
Premium minimum
$10,000
Premium maximum
Per carrier underwriting

Crediting methods available

  • Annual point-to-point
  • Monthly sum
  • Two-year point-to-point

See How fixed indexed annuities work for how each method works.

Riders

  • Optional income rider
  • Death benefit treatment per contract

Best fit

  • Consumers who want to choose surrender length to match planned liquidity
  • Allocations that complement other annuity holdings with longer or shorter terms

What to watch for

  • Shorter surrender variants have lower caps; the higher liquidity comes at the cost of credited interest
  • Volatility-controlled index options change the risk profile relative to S&P 500 strategies
Verify on the carrier rate card

Cap rates, participation rates, rider charges, and surrender schedules change frequently. Before purchase, request and verify the following from the carrier or producer:

  • Caps and participation rates by surrender variant
  • Crediting strategy availability per variant
  • Optional rider charge
  • Death benefit terms

How to verify and source current information

  • Current rate card and product brochure: Athene direct or through a licensed independent producer.
  • Statement of understanding (annuity contract disclosure document).
  • For variable and indexed variable annuities: the SEC-registered prospectus (search EDGAR).
  • Carrier financial strength ratings: A.M. Best, S&P Global Ratings, Moody's, Fitch.
  • NAIC carrier search and statutory filings: content.naic.org.
  • IRS Publication 575 (Pension and Annuity Income) for taxation: IRS Pub 575.
Compliance note

AnnuityMatchPro does not endorse, recommend, or sell the Athene Performance Elite. This review is informational. Product features, surrender schedules, caps, participation rates, and rider charges vary by issue date, state, and underwriting. Confirm specific terms with the carrier or a licensed advisor before purchase. AnnuityMatchPro is not a registered investment adviser and is not a licensed insurance agency.

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