Athene Aviator^® Strategy Allocation Tool

 This tool provides hypothetical examples. The purpose of this tool is to visualize how your allocations may look depending on the inputs selected. The tool uses current strategies and indexes which may be subject to change, and is not intended to predict actual performance, nor is it intended to accurately represent the product's full features and benefits.

This hypothetical visualization tool is dependent upon the inputs provided and assumes no withdrawals that would otherwise reduce the annualized rate of return. The hypothetical visualization tool does not capture, and is not intended to show, the effect of any Index Lock. 

Hypothetical examples are for informational purposes only and not indicative of past, nor intended to predict future performance.

The contractual default is for all strategies to transfer into 1-year strategies at the end of the Withdrawal Charge period.

You may select up to 100% of any option, including across Strategy Preset, Diversified Blend Strategies, and any number of available individual optional indices.  

Strategy Preset: Strategy Preset provides a simplified approach to allocation with three pre-built automated options that allow you the ability to simplify your choice based on the offered index lineup.  Learn more  

Diversified Blend: Diversified Blend varies your allocations across three available strategies consistent with your selected time horizon.

Withdrawal Charge: A Withdrawal Charge in accordance with the rate schedule will apply to surrenders or amounts withdrawn in excess of the Free Withdrawal amount for Athene Aviator as follows. State variations apply.

• For Aviator 5: 9%, 8%, 7%, 6%, 5%, 0%
• For Aviator 10: 10%, 9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0%

Free Withdrawals. This annuity allows you to withdraw a portion of the Accumulated Value each Contract Year without a Withdrawal Charge or Market Value Adjustment. 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 59½.

Market Value Adjustment (MVA). An MVA is applied to the portion of a withdrawal or surrender that exceeds the Free Withdrawal amount during the Withdrawal Charge Period. The MVA may increase or decrease the amount of the Withdrawal or Cash Surrender Value of your Contract. If interest rates have increased, the MVA will be negative. If interest rates have decreased, the MVA will be positive. 

Accumulated Value: The Accumulated Value of the contract at any time is equal to the sum of each Strategy Value.

Strategy Value: Strategy Value is the sum of all premium allocated to all selected Strategies, including any interest calculations, less Withdrawals of any type deducted from the Strategy. 

Indexed annuities are not stock market investments and do not directly participate in any stock or equity investments. Market indices may not include dividends paid on the underlying stocks, and therefore may not reflect the total return of the underlying stocks; neither an Index nor any market indexed annuity is comparable to a direct investment in the equity markets.

Guarantees provided by annuities are subject to the financial strength and claims paying ability of the issuing insurance company.

BofA Multi-Asset FC 7 Index and Invesco QQQ FC 7 Index • BofA Securities, Inc. and its Affiliates (“BofAS”), Invesco QQQ FC 7 Index and BofA Multi-Asset FC 7 Index (each an “Index” and together, the “Indices”) and related information, the name “BofAS”, and related trademarks, are intellectual property of BofAS, licensed from BofAS to Athene Annuity and Life Company (“Licensee”). In connection with the Invesco QQQ FC 7 Index, BofAS has licensed the use of certain marks and data from Invesco Capital Management LLC (collectively with BofAS, the “Licensors”). Neither the Licensee nor any annuity product, including fixed index annuities (collectively, the “Products”) referencing the Indices are sponsored, operated, endorsed, sold or promoted by the Licensors. Obligations to make payments under any Product are solely the obligation of Licensee pursuant to the terms of the contract between Licensee and you, and are not the responsibility of the Licensors. The Licensors, the Indices and related information, the names of the Licensors, and related trademarks may not be copied, used, or distributed without the relevant Licensor’s prior written approval. The Products have not been passed on as to their legality or suitability, and are not regulated, issued, endorsed, sold, guaranteed, or promoted by the Licensors. The Licensors’ only relationship to Licensee is the licensing (or sub-licensing) of certain trademarks and trade names and the Indices or components thereof and neither the Licensors nor any of their affiliates are a party to any transaction contemplated herein. The Indices apply a volatility target, and, while volatility controls may result in less fluctuation in rates of return as compared to indices without volatility controls, they may also reduce the overall rate of return as compared to products not subject to volatility controls. The Indices embed certain transaction costs and the components of the Indices embed additional transaction costs, in each case, that are taken into account in the calculations of the change in Index value, which will reduce any returns of the Indices. THE LICENSORS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE INDICES, ANY RELATED INFORMATION, THE TRADEMARKS, OR THE PRODUCT(S) (INCLUDING WITHOUT LIMITATION, THEIR QUALITY, ACCURACY, SUITABILITY AND/OR COMPLETENESS).

Invesco and all associated marks are service marks of Invesco Holding Company Limited, used under license. Invesco QQQ Trust℠, Series 1 (“Invesco ETF(s)”) is sponsored by Invesco Capital Management LLC (“Licensor”), and the use of the Invesco ETF(s) in the offering by Athene Annuity and Life Company of certain fixed index annuity products (each, a “Product” and collectively, the “Products”) is authorized pursuant to a license with Licensor. The trademarks are intellectual property licensed from Licensor, and may not be copied, used, or distributed without Licensor’s prior written approval. Licensor makes no express or implied warranties, and hereby expressly disclaims all warranties of merchantability or fitness for a particular purpose with respect to the use of the Invesco ETFs or any data or other information related thereto in connection with the rights licensed hereunder or for any other use. Without limiting any of the foregoing, in no event shall Licensor have any liability for any special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.

Nasdaq^®, Nasdaq-100^® and QQQ^® are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed and/or sublicensed for use by Invesco Capital Management LLC, BofA Securities, Inc. and its affiliates, and Athene Annuity and Life Company. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

BofA Multi-Asset FC 7 Index (the “Index”) is the property of BofAS, which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) to license the S&P 500 for use with the Index. The Index is not sponsored by S&P Dow Jones Indices LLC or its affiliates or its third party licensors, including Standard & Poor's Financial Services LLC and Dow Jones Trademark Holdings LLC (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices will not be liable for any errors or omissions in calculating the Index. S&P^®, S&P 500^®, SPX^®, SPY^®, US 500™ and The 500™ are trademarks of Standard & Poor's Financial Services LLC, and Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC.

The Products based on the Index are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices. S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the Product or any member of the public regarding the advisability of investing in securities generally or in the Index or the Product particularly or the ability of the Index or the Product to track general market performance. S&P Dow Jones Indices’ only relationship to BofAS with respect to the Index is the licensing of the S&P 500 Index, certain trademarks, service marks and trade names of S&P Dow Jones Indices, without regard to BofAS or the Product. S&P Dow Jones Indices is not responsible for and has not participated in the creation of the Product, the determination of the prices and amount of the Product or the timing of the issuance or sale of the Product or in the determination or calculation of the equation by which the Product may be converted into cash or other redemption mechanics. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the Product. There is no assurance that investment products based on the Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment advisor. Inclusion or exclusion of a security within the Index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it investment advice. S&P Dow Jones Indices does not act nor shall be deemed to be acting as a fiduciary in providing the S&P 500 Index.

S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDEX, INTELLECTUAL PROPERTY, SOFTWARE, OR ANY DATA RELATED THERETO, OR ANY COMMUNICATION WITH RESPECT THERETO, INCLUDING, ORAL, WRITTEN, or ELECTRONIC COMMUNICATIONS. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY BOFAS, OWNERS OF THE PRODUCT, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX, INTELLECTUAL PROPERTY, SOFTWARE, OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES, INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME, OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE.

THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND BOFAS, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.

S&P Indices • The S&P 500^® and S&P 500^® FC 7% VT TCA 0.50% Decrement Index (USD) ER (the “Indices”) are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and have been licensed for use by Athene Annuity and Life Company (“Athene”). S&P^®, S&P 500^®, US 500^®, The 500^®, iBoxx^®, iTraxx^® and CDX^® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Fast Convergence and FC are trademarks of BofA Securities, Inc. and/or its affiliates (“BofAS”). BofAS has licensed the Fast Convergence (FC) patented methodology (“Methodology”) and related trademarks to SPDJI for use in the S&P 500 FC 7% VT TCA 0.50% Decrement Index (USD) ER. Athene’s products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, BofAS, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Indices.

Athene Aviator ICC25 ASPR (08/25), ICC25 ASPR CS05 (08/25), ICC25 ASPR CS10 (08/25), ICC25 ASPR SCS (08/25); Strategies ICC25 ASPR FIX (08/25), ICC25 ASPR PTP (08/25); and endorsements ICC25 ASPR CW (08/25), ICC25 ASPR MVA (08/25), ICC25 ASPR TIW (08/25) or state variations issued by Athene Annuity and Life Company, West Des Moines, IA. Product features, limitations and availability vary; see the Certificate of Disclosure for details. Products not available in all states.

The purpose of this material is solicitation of insurance. Any sale of an annuity will require contact with a financial professional.