Athene MYG
Athene Annuity and Life Company
5.5%
7-yr guarantee
10%
Free W/D
53
Jurisdictions
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
3-year guaranteed rate
5.05% guaranteed for 3 years
A multi-year guaranteed annuity from an A+ rated carrier offering 3-, 5-, and 7-year guaranteed-rate terms with premium-banded pricing, a published surrender ladder, a published free-withdrawal allowance, and nursing-home, RMD, and terminal-illness waivers.
Best fit
Safety-first buyers who want a known, contractually guaranteed annual rate for a fixed term from a consensus-A-rated carrier, can match the contract term length to a defined planning horizon, and value the option to size their contribution into the higher premium band for an uplifted guaranteed rate.
AM Best
A+ Superior
Surrender period
5 years
Free withdrawal
10%/yr
Product analyst notes
How to think about this contract
Why it can stand out
- Consensus carrier financial strength — A.M. Best A+, Fitch A+, Standard & Poor's A+, and Moody's A1 are all listed for Athene on this page, so a buyer locking principal for the full guarantee period can verify the strength view across more than one agency rather than relying on a single rating.
- Three guarantee-period choices (3-year, 5-year, and 7-year) sit under the same filing, so a buyer can match the term length to a specific planning horizon — a short-dated cash reserve, a mid-cycle laddered tranche, or a longer lock — and the rate-by-term table on this page shows the trade-off between term length and guaranteed rate directly.
- Premium-banded pricing rewards larger deposits — the live rate schedule shows a higher guaranteed rate at the $100,000-and-up band than at the lower-premium band for the same term, so a buyer pooling funds to clear the band can see the uplift up front rather than learning about it from the carrier mid-application.
- Standard liquidity terms are published directly on the page from the live feed — the published free-withdrawal allowance, the full surrender ladder, and the nursing-home, RMD, and terminal-illness waivers are all visible before the application, rather than being gated behind a sales brochure.
- Multiple ownership and funding structures share the same contract — qualified and non-qualified money, and single, joint, trust, or corporate ownership are all supported, so a buyer with a non-standard ownership structure does not need a different filing.
What to confirm
- The entire value proposition of this contract is the declared guaranteed rate for the chosen term — there is no premium bonus, no return-of-premium feature, and the death benefit is Cash Surrender Value, so a beneficiary receives the account value net of any applicable surrender charge rather than a stepped-up or rollup-enhanced value. Buyers who specifically want an enhanced death benefit or a bonus should look at a different filing.
- The surrender charge ladder runs for several years and starts in the high single digits in the first contract year before stepping down — a buyer who may need to exit before the end of the chosen guarantee period should price the early-exit charge against the guaranteed rate before committing principal.
- Premium-band pricing means the headline guaranteed rate at the higher band may not apply to a smaller deposit — confirm which premium band the planned contribution falls into before relying on a specific rate, and re-check the rate-by-term table for the matching band.
- Withdrawals beyond the published free-withdrawal allowance during the surrender period are subject to the surrender ladder shown on this page, so a buyer who expects to draw more than the free amount in any year should size the contribution accordingly or split the premium across terms.
- This filing is offered in most U.S. jurisdictions but is not available in every state — confirm availability for the buyer's state of residence on the state-availability section of this page before any planning work, because eligibility is filing-by-filing rather than nationwide by default.
Not ideal for
Buyers who want a stepped-up or rollup-enhanced death benefit, expect a premium bonus or a return-of-premium feature, need full unrestricted liquidity during the guarantee period, or cannot commit principal to a fixed term — a multi-year guaranteed annuity is not designed to deliver any of those.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 5.05% |
| 5-Year | 5.4% |
| 7-Year | 5.5% |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
3Nursing home waiver, RMD waiver, Terminal illness waiver
Death benefit
Standard Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single and jointContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
Yr 1
8%
Yr 2
7%
Yr 3
6%
Yr 4
5%
Yr 5
4%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
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