--- title: "Athene Annuity Reviews: Is Athene a Good Company?" canonical: "https://www.simplyinsurance.com/athene-annuity/" description: "Athene annuity review - who owns Athene, its fixed, indexed and MYGA products, how to log in, and what a $100,000 contract might pay each month." silo: "annuities" published: "2026-07-24" author: "sa-el" source: "Simply Insurance" --- **Athene Annuity & Life Assurance Company is a large, financially stable retirement services provider backed by Apollo Global Management, carrying strong ratings from AM Best and offering competitive fixed and fixed-indexed annuity rates — making it a solid option for conservative retirement savers.** Whether you're trying to log in for the first time, reset a forgotten password, or figure out what your $100,000 contract will pay each month, this guide walks you through everything you need to know. --- ## What Is Athene Annuity & Life Assurance Company? Athene is one of the largest US annuity issuers, built by buying other insurers' annuity blocks and selling fixed, fixed-indexed and multi-year guaranteed annuities. Athene is a retirement services company that focuses almost entirely on [annuities](/annuities/) and retirement savings products. Founded in 2009, it grew quickly by acquiring blocks of annuity business from other insurers and offering competitive crediting rates on fixed and fixed-indexed annuities. Today it's one of the largest annuity issuers in the U.S. by premium volume. Their product lineup centers on: - **Fixed annuities** — a guaranteed interest rate for a set term - **Fixed-indexed annuities (FIAs)** — returns linked to a market index (like the S&P 500) with downside protection - **Multi-year guaranteed annuities (MYGAs)** — a fixed rate locked in for multiple years If you're shopping for annuity coverage and want to compare Athene's rates alongside top carriers, getting a free, no-obligation quote is a good starting point before you commit. ### Who Owns Athene? Athene is owned by **Apollo Global Management**, one of the largest alternative investment managers in the world. Apollo took full ownership of Athene in January 2022 after a merger, integrating it as Apollo's primary retirement services platform. This relationship matters because Apollo manages the majority of Athene's investment portfolio, which is how Athene funds its crediting rates. ### Is Athene Financially Stable? Yes. Athene carries an **A (Excellent)** rating from AM Best, which is the insurance industry's primary financial strength rater. That places it firmly in the "excellent" tier — not the absolute top, but comfortably in the range that most financial advisors consider acceptable for long-term annuity contracts. Fitch and S&P also carry investment-grade ratings for Athene entities. The Apollo backing adds another layer of institutional depth, though it's worth noting that Athene's obligations are backed by its own reserves and state guaranty associations — not Apollo's balance sheet directly. ### Athene Annuity and Life Company Address Athene's principal offices are located at: **7700 Mills Civic Parkway, West Des Moines, IA 50266** For correspondence or formal written requests, this is the address you'll want to use. Customer service contacts are covered in a dedicated section below. --- ## Athene Annuity Login: How to Access Your Account Athene's policyholder portal lives at **www.athene.com**. From the homepage, click "My Athene Login" in the top navigation to reach the sign-in screen. You'll need your username (typically the email address you registered with) and your password. ### How to Register for My Athene Login If you've never set up online access, here's the process: 1. Go to **www.athene.com** and click "My Athene Login" 2. Select **"Register"** or **"Create Account"** 3. Enter your contract number (found on your policy documents), date of birth, and Social Security number (last four digits or full, depending on the prompt) 4. Verify your identity via email or security questions 5. Create a username and password Your contract number is the key piece of information you'll need on hand. If you can't find it, call customer service before you start registration. ### My Athene Login Password Reset Forgot your password? On the login page: 1. Click **"Forgot Password"** 2. Enter the email address tied to your account 3. Check your inbox for a reset link (check spam if it doesn't arrive within five minutes) 4. Follow the link to create a new password If you've also forgotten your username or the email is no longer active, you'll need to call Athene's customer service line — the automated reset won't be able to verify your identity without a valid email match. ### www.athene.com Login vs. LifeAtWorkPortal Sign In A common point of confusion: some Athene customers — particularly those with annuities through an employer-sponsored plan — are directed to **LifeAtWorkPortal**, a separate login environment. If you see references to LifeAtWork, that portal is for group retirement or workplace benefits, not individual annuity contracts. Individual policyholders should always start at **www.athene.com**. --- ## My Athene Annuity Login App Athene offers a mobile app called **My Athene** that lets you manage your annuity from your phone. It's available on both major platforms and covers the core account management tasks most policyholders need. ### Download the My Athene App on Android Search **"My Athene"** in the Google Play Store, or navigate directly to the Play Store listing through the Athene website. The app is free. Once downloaded, use the same credentials you use on the web portal. ### Download the My Athene App on iPhone (iOS) Search **"My Athene"** in the Apple App Store. Same login credentials apply. If Touch ID or Face ID is enabled on your device, the app supports biometric login for faster access. ### My Athene App Features and Dashboard Once you're inside the app, you can: - **View contract value** and current account balance - **Check interest crediting** and index allocation performance - **Request withdrawals** (subject to surrender charge periods and free withdrawal allowances) - **Update contact information** and communication preferences - **Download statements** and annual tax documents The app isn't as feature-rich as some bank apps, but for the core task of checking your annuity balance and initiating a withdrawal request, it does the job cleanly. --- ## Athene Annuity Customer Service Athene's customer service is handled through a centralized support center. Here are the verified contact details from Athene's public site: ### Athene Annuity Customer Service Phone Number **1-888-266-8489** This is Athene's main policyholder service line for individual annuity contracts. ### Athene Annuity Customer Service Hours Athene's customer service is available **Monday through Friday, 7:00 a.m. to 6:00 p.m. Central Time**. There is no weekend phone support for general inquiries, so plan accordingly if you need to discuss a time-sensitive withdrawal or contract change. ### Athene Annuity Customer Service Email Athene does not publish a direct customer service email for general policyholder inquiries — secure messaging is handled through the **My Athene online portal** after you log in. This is standard practice for financial services companies because it keeps your account information encrypted and properly authenticated. If you need to send documents or written correspondence, use the mailing address above or the secure message center inside your account. --- ## Athene Annuity Withdrawal: What You Need to Know Before you request a withdrawal, you need to understand two things: the free withdrawal allowance built into your contract and the surrender charge schedule that applies if you exceed it. ### Withdrawal Rules and Surrender Charges Most Athene annuities allow a **10% free withdrawal** of the contract value per year without a surrender charge. If you pull out more than that during the surrender period, you'll pay a surrender charge — a percentage that typically starts around 7–9% in year one and steps down to zero over the surrender period (commonly 5 to 10 years, depending on the product). Early withdrawals before age 59½ also trigger a **10% federal tax penalty** on top of ordinary income taxes on the gains. This isn't Athene-specific — it's an IRS rule that applies to all deferred annuities. To initiate a withdrawal: 1. Log in to **www.athene.com** or the My Athene app 2. Navigate to "Transactions" or "Withdrawals" 3. Enter the amount and confirm the request 4. Funds are typically processed within 5–7 business days ### How Much Does a $100,000 Athene Annuity Pay Per Month? This question depends heavily on your age, the type of annuity, and current payout rates — which change frequently. As a rough benchmark, a $100,000 immediate annuity for a 65-year-old might generate somewhere in the range of **$500–$600 per month** in lifetime income, but that figure shifts with interest rates and annuity type. A fixed-indexed annuity held in accumulation mode won't generate monthly payments until you annuitize or activate an income rider. **Always verify current payout rates directly with Athene or a licensed annuity advisor before making any decisions.** Annuity rates are not static — they move with interest rate environments and product offerings. --- ## How Athene Compares to Other Annuity Companies Athene is a strong player in the fixed and fixed-indexed annuity market, but it's not the only option worth considering. ### Who Are the Top 5 Annuity Companies? Based on financial strength, product breadth, and market presence, these carriers consistently appear at the top of the field: | Company | AM Best Rating | Known For | |---|---|---| | New York Life | A++ | Financial strength, immediate annuities | | TIAA | A++ | Retirement income for educators | | Athene | A | Competitive FIA and MYGA rates | | Nationwide | A+ | Variable and indexed products | | Allianz Life | A+ | Fixed-indexed annuity product depth | New York Life and TIAA carry the highest possible AM Best ratings, which matters if you want absolute top-tier financial strength. Athene competes primarily on **rate competitiveness** — its MYGA and FIA rates often rank among the highest available in each rate environment. ### Athene Annuity Rates vs. Competitors Athene's rates are generally competitive, particularly on MYGAs (multi-year guaranteed annuities). In a given rate environment, Athene frequently appears in the top tier of MYGA rate comparisons for 3-, 5-, and 7-year terms. Their FIA products offer a range of index options and cap/participation rate structures that hold up well against Allianz and Nationwide comparisons. That said, rates change monthly — sometimes weekly. A rate that's #1 today might be third next month. The right approach is to [compare current rates across multiple carriers](https://www.simplyinsurance.com/compare-annuity-quotes-online/) at the same time, rather than assuming any one company will always lead. *Disclaimer: Annuity rates are subject to change at any time. The figures discussed here are for illustrative purposes only. Always verify current rates directly with Athene or a licensed, independent annuity advisor before purchasing or making changes to a contract.* --- ## Frequently Asked Questions ## Is Athene a good annuity company? Yes, Athene is a legitimate, well-capitalized carrier with an A from AM Best and competitive fixed and indexed rates, though not the top rating. Athene is a solid choice for conservative retirement savers who want competitive fixed or fixed-indexed annuity rates and don't need the absolute highest AM Best financial strength rating. It's backed by Apollo Global Management, carries an A (Excellent) from AM Best, and is one of the largest annuity issuers in the U.S. by premium volume. It's a legitimate, well-capitalized carrier. ## Who is Athene owned by? Athene is owned by **Apollo Global Management**, which completed a full merger with Athene in January 2022. Apollo manages the majority of Athene's investment portfolio and operates Athene as its primary retirement services platform. ## Is Athene financially stable? Yes, Athene carries an A from AM Best plus investment-grade ratings from Fitch and S&P, solid for long-term annuities though short of A++. Yes. Athene holds an **A (Excellent)** financial strength rating from AM Best, along with investment-grade ratings from Fitch and S&P. While it doesn't carry the A++ ratings of New York Life or TIAA, its ratings are well within the range most financial advisors consider solid for long-term annuity contracts. ## What is the Athene annuity rate today? Athene's rates change often and vary by product and term, so grab a live quote from its website or an independent annuity advisor. Athene annuity rates change frequently and aren't published in a single static location. MYGA and FIA rates vary by product, term, and current market conditions. For current rates, visit **www.athene.com**, call 1-888-266-8489, or work with an independent annuity advisor who can pull a live quote. ## Is Athene annuity good or bad? Mostly good: Athene's fixed and indexed annuities offer strong crediting rates from a well-rated insurer, with the usual surrender charges and early withdrawal penalties. Athene annuities are a legitimate, competitive product — particularly for people seeking fixed or fixed-indexed annuities with strong crediting rates. The company has a good financial strength rating and a large, established customer base. The main caveats apply to all annuities: surrender charges if you need liquidity early, and tax penalties for withdrawals before 59½. ## How much does a $100,000 annuity pay per month? Roughly $500 to $600 a month if you're 65 and buy an immediate annuity, while a fixed-indexed annuity pays nothing until you start income. A $100,000 annuity's monthly payout depends on your age, the type of annuity, and current rates. As a rough benchmark, a 65-year-old purchasing a $100,000 single-premium immediate annuity might receive approximately $500–$600 per month in lifetime income. Fixed-indexed annuities in accumulation mode don't pay monthly income until you annuitize or activate a rider. Always get a current quote. ## Who are the top 5 annuity companies? By financial strength and market standing, the top companies most commonly cited include **New York Life** (A++), **TIAA** (A++), **Nationwide** (A+), **Allianz Life** (A+), and **Athene** (A). The "best" company depends on your priorities — highest financial strength, most competitive rates, or broadest product options — and your specific contract type.