Athene MYG NY
Athene Annuity and Life Company
5.1%
7-yr guarantee
10%
Free W/D
New York
Only state
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
3-year guaranteed rate
4.75% guaranteed for 3 years
A New-York-only multi-year guaranteed annuity from an A+ rated carrier offering 3-, 5-, and 7-year guaranteed-rate terms with premium-banded pricing, a three-year surrender period with no market value adjustment, a published free-withdrawal allowance, and nursing-home, RMD, and terminal-illness waivers.
Best fit
New York residents who want a known, contractually guaranteed annual rate for a fixed term from a top-tier-rated carrier, prefer a short three-year surrender window with no market value adjustment, and can match the contract term length to a defined planning horizon.
AM Best
A+ Superior
Surrender period
3 years
Free withdrawal
10%/yr
Product analyst notes
How to think about this contract
Why it can stand out
- Top-tier carrier financial-strength rating from more than one agency — A.M. Best A+, Fitch A+, Standard & Poor's A+, and Moody's A1 are all visible on this page, so the strength view is not a single-source read and buyers can verify the rating consensus before locking principal for the guarantee period.
- The surrender period is just three years on this New York filing — the live feed shows surrender charges only through year three, after which the contract is fully liquid, so a buyer choosing the 3-year term has a clean exit at the end of the guarantee period without an extended back-end schedule.
- No market value adjustment applies on this filing — an early surrender above the free-withdrawal allowance during the surrender period is reduced by the stated surrender charge only, with no separate rate-driven adjustment that can move the walk-away value up or down with interest rates.
- Multiple guarantee-period choices (3-year, 5-year, and 7-year) are filed under the same product, so a buyer can match the term length to a specific planning horizon rather than being forced into a single fixed length, and the rate-by-term table on this page shows the trade-off directly.
- Premium-banding rewards larger contributions — the rate schedule shows a separate band at the $100,000-and-above tier with an uplifted guaranteed rate compared to the under-$100,000 band, so a buyer pooling funds can see the uplift on this page before purchase rather than learning about it mid-application, and the published free-withdrawal allowance plus nursing-home, RMD, and terminal-illness waivers are rendered from the live feed rather than gated behind a sales brochure.
What to confirm
- This filing is available only in New York — a buyer residing in any other state cannot purchase this contract and needs to look at the carrier's non-New-York multi-year guaranteed annuity filing instead. Confirm state of residence before relying on the rates shown on this page.
- Surrender charges are nearly level across the three-year schedule rather than stepping down sharply year-by-year — the live feed shows the year-one and year-two charges essentially flat with only a small step-down in year three, so a buyer planning a possible mid-term exit should price the surrender table against the guaranteed rate before committing.
- The death benefit on this contract is Cash Surrender Value — a beneficiary receives the account value net of any applicable surrender charge, not a stepped-up or rollup-enhanced value. Buyers who specifically want an enhanced death benefit should look for a different filing.
- Premium-band pricing means the headline guaranteed rate may not apply to a buyer's actual contribution — confirm which premium band the planned deposit falls into before relying on a specific rate, and re-check the rate-by-term table for the matching band.
- The entire value proposition of this contract is the declared guaranteed rate for the chosen term — there is no return-of-premium feature and no upfront premium bonus, so a buyer evaluating it should weigh the guaranteed rate and the liquidity terms on their own merits.
Not ideal for
Buyers outside New York (who need the carrier's non-New-York filing), buyers who want a stepped-up or rollup-enhanced death benefit, buyers who expect a return-of-premium feature or a built-in lifetime income guarantee, and buyers who cannot commit principal to a fixed guarantee period — a multi-year guaranteed annuity is not designed to deliver any of those.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.75% |
| 5-Year | 5% |
| 7-Year | 5.1% |
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
8%
Yr 3
7%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
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