Effective February 3, 2024
Athene has announced a decrease on the Ascent Series effective 2/3/2024.
These changes include:
- Decreasing bonuses on Ascent Pro Bonus 10 from 30% to 20%
- Decreased Payouts on Ascent Pro 7 and Ascent Pro 10
Application deadlines to receive current rates:
- The application must be signed on or before February 2, 2024.
- For electronic applications submitted on AnnuityNet or Affirm, the application signed date is determined by the final date you submit the electronic order to your back office. Please note that physical signature dates will not be utilized.
- The application must be received at Athene* by market close (3 p.m. CT) on February 16, 2024.
- If your back office requires the use of an order entry platform, Athene must receive the electronic order by market close (3 p.m. CT) on February 16, 2024. Copies of the paper application without the electronic order will not hold the current rates.
- If the application is being funded from a firm brokerage account, your firm must be able to submit both the funds and electronic application by market close (3 p.m. CT) on February 16, 2024.
- The contract must be in good order, suitability review complete (if applicable) and all funds received at Athene* by market close (3 p.m. CT) on April 3, 2024.
Fill out the form here to download the updated rates and to get the latest product information. Be sure to call your IAMS Annuity Sales Director at 800-255-5055 to get more details or to request illustrations and licensing.