Athene Announces New Registered Indexed-Linked Annuity

Athene USA, a leading provider of retirement savings products, announced the launch of Athene® Amplify 2.0, a registered index-linked annuity (RILA) that offers next-generation accumulation potential with a level of downside protection in volatile markets, the company announced in a news release.

The annuity is issued by Athene Annuity and Life Company, a subsidiary of Athene.

By offering participation rate strategies in addition to the cap rate strategies offered on most RILA products, Amplify 2.0 gives investors the potential for index-linked interest earnings that may even exceed index returns.1

Currently, investors choosing a six-year term and a 10% downside buffer with a 0.95% annual segment fee can earn uncapped returns equal to 140% of any growth in the S&P 500®.2

“Athene® Amplify 2.0 reflects our commitment to satisfy evolving consumer needs as they plan for retirement,” said Grant Kvalheim, CEO and President of Athene USA. “We’re confident it will become the preferred solution for producers seeking to offer clients more participation in market gains as they manage downside risk.”

Amplify 2.0 includes unique features that can help investors achieve their objectives for long-term asset appreciation in accordance with their individual tolerance for risk.

• Two buffer options, 10 and 20%, for a level of downside protection
• Three term periods to manage market volatility
• Five complementary indices plus two unique crediting options, Milestone Lock and Performance Blend, that give clients more control over their money

An additional product option, Athene® Amplify 2.0 NF, offers the same features with competitive rates and no annual segment fee.

RILAs, also called registered index-linked variable annuities, buffered annuities or structured annuities, are frequently described as a cross between fixed indexed annuities and variable annuities.

Like fixed indexed annuities, registered index-linked annuities provide the opportunity for growth based on the performance of a stock market index, but unlike variable annuities are not stock market investments and do not directly participate in any stock or equity investments.

RILAs differ from fixed indexed annuities in that investors are eligible for higher growth potential but do assume responsibility for a portion of any index decline.

1All Segment Credits, including those with a guaranteed rate of interest, are paid by the insurance company and subject to its claims paying ability.

2A 0.95% annual Segment Fee will be deducted from the Amplify 2.0 annuity’s Segment Value daily and may result in the loss of principal. The Segment Fee is set at issue and guaranteed not to change for the life of the contract. This fee does not apply to values in the Fixed Segment Option.

About Athene USA
Athene USA is an Iowa-domiciled corporation that serves as the U.S. holding company for Athene’s annuity operations in the United States. Headquartered in West Des Moines, Iowa, Athene USA serves customers in all 50 states, and through its predecessor companies, has been serving American consumers for more than 100 years.