What can an immediate annuity do for you?

Provide guaranteed income you can't outlive

Options to cover spouse

Options to fit your individual income needs

How do immediate annuities work?

In exchange for a lump sum of money, an immediate annuity pays a guaranteed amount for a specified period.

number one Pick the payment type you prefer

  • Life Annuity—payments for as long as you live
  • Life Annuity with Guaranteed Period—payments for as long as you live, but no less than a specified minimum period such as 5, 10, 15 or 20 years
  • Installment Refund Life Annuity—payments for as long as you live and never less than the premium amount you put in the SPIA
  • Joint and Survivor Annuity—payments for as long as you live with the same amount continuing throughout the survivor’s lifetime
  • Joint and Survivor Annuity with Guaranteed Period—payments for as long as you and another person live and never less than a specified minimum period such as 5, 10, 15 or 10 years
  • Joint and Two-Thirds Survivor Annuity—payments for as long as you and another person are alive and continued through the survivor’s lifetime at two-thirds of the original amount
  • Annuity Certain—payments for a fixed period which may be from 6 to 30 years, regardless of whether you are living

number two Choose how often you want to receive payments

You can select to receive income payments monthly, quarterly, semiannually or annually.

Income payments are guaranteed for the period you choose

We guarantee to make the income payments to you for the period you select. Your policy may not be terminated by you or by Athene prior to the last income payment due. The mode and plan of payments will stay the same for the entire term.

Is an immediate annuity right for you?

  • You're ready to turn a portion of your savings into a source of guaranteed income

  • You want the flexibility to choose from several time frame options for receiving income

Explore Athene immediate annuities

Athene immediate annuities offer dependable growth and the option to turn your annuity into a guaranteed stream of income. Features vary by product.

Athene SPIA

With competitive rates and several lifetime income options, you can enjoy safety from market volatility and payments you can't outlive.

 

An Athene Financial Professional can help find the product that’s right for you. Contact Us 

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This product and the components and features contained within are not available in all states or firms. Please reach out to your Financial Professional for more details on state approvals and firm guidelines.

Athene SPIA ICC16 SPIA (08/16) or state variations are issued by Athene Annuity and Life Company, West Des Moines, IA. Product features, limitations and availability may vary by state. Product 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.

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The institutional channel includes reinsurance and group annuity contracts related to pension group annuities.
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Annuities contain features, exclusions, limitations and availability that may vary by state and/or sales distributor. For a full explanation of an annuity, please refer to the Certificate of Disclosure or Prospectus (as applicable) and contact your financial professional or the company for costs and complete details. This material is a general description intended for general public use. 

Annuity contracts and group annuity contracts are issued by Athene Annuity and Life Company (61689), West Des Moines, IA, and Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware, in all states (except New York), and in D.C. and PR. Annuity contracts and group annuity contracts are issued by Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY, in New York state. Payment obligations and guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. Insurance products may not be available in all states. These companies are not undertaking to provide investment advice for any individual or in any individual situation, and therefore nothing in this should be read as investment advice. This material should not be interpreted as a recommendation by Athene Annuity and Life Company, Athene Annuity & Life Assurance Company, Athene Annuity & Life Assurance Company of New York, or Athene Securities, LLC. Please reach out to your financial professional if you have any questions about insurance products and their features.

The term “financial professional” is not intended to imply engagement in an advisory business with compensation unrelated to sales. Financial professionals will be paid a commission on the sale of an annuity.

ANNUITIES ARE PRODUCTS OF THE INSURANCE INDUSTRY AND NOT GUARANTEED BY ANY BANK NOR INSURED BY FDIC OR NCUA/NCUSIF. MAY LOSE VALUE. NO BANK/CREDIT UNION GUARANTEE. NOT A DEPOSIT. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. MAY ONLY BE OFFERED BY A LICENSED INSURANCE AGENT.

Reinsurance contracts are entered into with Athene Annuity and Life Company (61689), West Des Moines, IA; Athene Annuity & Life Assurance Company (61492), Wilmington, Delaware; Athene Annuity & Life Assurance Company of New York (68039), Pearl River, NY; and Athene Life Re Ltd., Hamilton, Bermuda. Not all reinsurance products or structures offered are available in all jurisdictions. Reinsurers may not be licensed in all states. All transactions are subject to meeting a reinsurer’s underwriting requirements. Reinsurance products are not protected or guaranteed by state insurance guaranty associations or insolvency funds.