<SEC-DOCUMENT>0001039828-23-000053.txt : 20230411
<SEC-HEADER>0001039828-23-000053.hdr.sgml : 20230411
<ACCEPTANCE-DATETIME>20230411190552
ACCESSION NUMBER:		0001039828-23-000053
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230407
FILED AS OF DATE:		20230411
DATE AS OF CHANGE:		20230411

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Hayes Michael E
		CENTRAL INDEX KEY:			0001972407

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31911
		FILM NUMBER:		23814382

	MAIL ADDRESS:	
		STREET 1:		6000 WESTOWN PARKWAY
		CITY:			WEST DES MOINES
		STATE:			IA
		ZIP:			50266

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN EQUITY INVESTMENT LIFE HOLDING CO
		CENTRAL INDEX KEY:			0001039828
		STANDARD INDUSTRIAL CLASSIFICATION:	LIFE INSURANCE [6311]
		IRS NUMBER:				421447959
		STATE OF INCORPORATION:			IA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		6000 WESTOWN PARKWAY
		CITY:			WEST DEMOINES
		STATE:			IA
		ZIP:			50266
		BUSINESS PHONE:		5152210002

	MAIL ADDRESS:	
		STREET 1:		6000 WESTOWN PARKWAY
		CITY:			WEST DES MOINES
		STATE:			IA
		ZIP:			50266
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>wf-form4_168125434011818.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0407</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2023-04-07</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001039828</issuerCik>
        <issuerName>AMERICAN EQUITY INVESTMENT LIFE HOLDING CO</issuerName>
        <issuerTradingSymbol>AEL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001972407</rptOwnerCik>
            <rptOwnerName>Hayes Michael E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6000 WESTOWN PARKWAY</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WEST DES MOINES</rptOwnerCity>
            <rptOwnerState>IA</rptOwnerState>
            <rptOwnerZipCode>50266</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2023-04-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>692</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>692</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes></footnotes>

    <remarks>The Company granted restricted stock that vests on the day of AEL's 2023 annual shareholder meeting.</remarks>

    <ownerSignature>
        <signatureName>/s/ Mark A. Schuman, authorized signer</signatureName>
        <signatureDate>2023-04-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>ex-24.htm
<DESCRIPTION>POA - MICHAEL HAYES
<TEXT>
<!-- Document created using Workiva -->
<html>
<body>
<pre>
Exhibit 24
POWER OF ATTORNEY

WHEREAS, the undersigned director of American Equity Investment Life Holding
Company, an Iowa corporation, hereby constitutes and appoints Mark A. Schuman and/or
Anant Bhalla, his true and lawful attorney and agent, with full power of substitution and
resubstitution, in the name of and on behalf of the undersigned, to do any and all acts and
things that execute any and all reports of American Equity Investment Life Holding Company
stock ownership on Form 3, Form 4 and/or Form 5, and all such related instruments which such
attorneys and agents may deem necessary or advisable to enable American Equity Investment
Life Holding Company to comply with the Securities Exchange Act of 1934, as amended,
and any rules and regulations and requirements of the Securities and Exchange Commission
in respect thereof, in connection with reports to be filed by certain beneficial owners of
securities under Section 16 of the Securities Exchange Act of 1934, including specifically,
but without limiting the generality of the foregoing, the power and authority to sign the
name of the undersigned in their capacity as a director of American Equity Investment Life
Holding Company to one or more Forms 3, 4 or 5 to be filed with the Securities and Exchange
Commission with respect thereto, any and all amendments, including post-effective amendments,
to such Forms and to any and all instruments and documents filed as part of or in connection
with such Forms or amendments thereto; hereby ratifying and confirming all that such agent
and attorney has done, shall do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 29th day of March,
2023.

/s/ Michael E. Hayes
_______________________
Michael E. Hayes
</pre>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
