Give Your 401(k) a Retirement Income Strategy
Explore a 20% Income Base Bonus
Athene Ascent Pro 10 Bonus is a fixed indexed annuity featuring a day-one 20% bonus to the income base used to calculate future rider payments.
The income base is a calculation value, not cash you can withdraw. This is not a 20% investment return or a 20% increase in your available account balance.
The rider costs 1% of the income base annually, deducted from contract values. Withdrawal charges apply during a 10-year period; excess withdrawals can reduce benefits. Availability and terms vary by state and may change. We will confirm current terms and eligibility with an individual illustration before you decide.
A rollover should fit your retirement goals, access needs, and overall costs—not just a bonus.
Plan for the Retirement You Want
A new chapter deserves a thoughtful plan. Changing jobs or approaching retirement is a good time to review how your old 401(k) fits your future.
- Your timeline: When will you need retirement income?
- Your monthly needs: What expenses will Social Security and other income cover?
- Your access needs: How much should remain available for emergencies?
- Your priorities: Balance income certainty, growth opportunities, flexibility, and costs.
Bring your latest plan statement and fee information to a no-obligation conversation. We can explain available insurance options and the questions to resolve before moving retirement savings.
Understand Your Rollover Options
What Is a 401(k) Rollover?
A rollover moves an eligible retirement-plan distribution to another eligible plan or IRA. A properly handled rollover to a traditional IRA generally preserves tax deferral; moving pre-tax money to a Roth IRA generally creates taxable income. Your plan determines when a distribution is allowed.
Compare Your Choices First
Depending on your circumstances, you may leave money in your former employer plan, move it to a new employer plan that accepts it, or roll it into an IRA. Cashing out may create taxes and an early-distribution penalty. Compare fees, investment choices, services, withdrawal rules, and creditor protections before deciding. A rollover is not automatically the best option.
How a Direct Rollover Helps
A direct rollover sends eligible funds to the receiving plan or IRA without mandatory withholding. A taxable eligible employer-plan distribution paid to you generally has 20% withheld and usually must be rolled over within 60 days. That tax withholding is entirely separate from an annuity income-base bonus. Required minimum distributions cannot be rolled over.
How the Income Base Works
For illustration only, a $100,000 eligible premium with a 20% income-base bonus starts with a $120,000 income base. That figure determines rider benefits; it is not a $120,000 cash balance or surrender value. Your actual payments depend on contract terms and when you begin income.
Where an Annuity May Fit
An annuity may support long-term income needs when its benefits fit your situation. A fixed indexed annuity is an insurance contract, not a direct stock-market investment. Interest-crediting limits, rider charges, withdrawal restrictions, and inflation all matter. Holding an annuity in an IRA adds no extra tax deferral; evaluate its insurance benefits and costs instead.
Your Rollover Review
- Understand the current plan. Review available choices, costs, distribution eligibility, and features you could lose.
- Compare a written illustration. Examine income, accessible value, charges, and the effect of withdrawals.
- Coordinate the next step. If a rollover is appropriate, follow the plan administrator’s instructions and confirm the receiving account and tax treatment before funds move.
This page provides general insurance information, not individualized tax or legal advice. Annuity guarantees depend on the issuing insurer’s financial strength and claims-paying ability. Products are not FDIC insured. Review the current contract and state-specific disclosures; no bonus or rollover suitability is guaranteed for every applicant.