o Convert your assets to guaranteed lifetime retirement income. Contract Form Series: ICC16:30-1503, 30-1503OR, ICC17:30-1700, ICC17:30-1800 (subject to state variations) Pacific Life is a product provider. If you make a full withdrawal of your contract value, or upon death or annuitization, you will receive the greater of your contract value minus any applicable withdrawal charges, market value adjustments (MVAs), and optional benefit charges, or the Guaranteed Minimum Surrender Value. Throughout the years, this insurer has grown and expanded, both in terms of client base and assets under management. Because you can never predict the future, you still have the ability to access your money when you need it. Both principal and interest will be taxed as ordinary income as you withdraw money. It is not a security and does not participate directly in the stock market or any index, so your money is not invested in the market. A deferred fixed annuity is a long-term contract between you and an insurance company that helps: o Grow retirement income through the power of tax deferral. Compare and request a quote. The Pacific Frontiers II annuity offers consumers the option to choose the number of years they can lock in their guaranteed interest rate. Pacific Life also offers a 5 year and a 7 year version of this annuity. As you plan for retirement, reflect on Pacific Life’s icon, Pacific Index Foundation 7 fixed index annuity is a 7-year retirement plan designed to protect against stock market volatility while safely growing your savings, and offering an option enhanced death benefit for estate planning. Is Interest Enhanced Death Benefit Right for You? Throughout the years, this insurer has grown and expanded, both in terms of client base and assets under management. Contract Form Series: ICC10:30-1181, 30-1181OR (subject to state variations) Pacific Life is a product provider. W-4P Please review each form carefully. All guarantees are subject to the claims-paying ability and financial strength of the issuing insurance company. Systematic withdrawals: Withdraw at least $500 either monthly, quarterly, semiannually, or annually. Additionally, you may take withdrawals without a withdrawal charge or MVA for the following reasons: Withdrawals and contract values annuitized before the end of the withdrawal charge period that are in excess of 10% of the prior anniversary’s contract value (10% of purchase payments in the first year), may be subject to an MVA (in addition to any applicable withdrawal charges) depending on your state. o Convert your assets to guaranteed lifetime retirement income. Partial withdrawals: Withdraw $500 or more at any time. The Pacific Life Index Foundation 10 annuity is a Fixed Indexed annuity designed for growth (not for income withdrawals). The Guaranteed Minimum Surrender Value is 87.5% (90% in New Jersey) of your total purchase payments, minus any prior withdrawals, accumulated at a fixed interest rate. Systematic withdrawals: Withdraw at least $500 either monthly, quarterly, semiannually, or annually. See the product fact sheet accompanying this brochure for the withdrawal charge schedule, as these vary by state. Even for years in which no interest is credited to the contract, the Death Benefit Base will still increase by 2%. Pacific Explorer is a deferred fixed annuity that guarantees an interest rate through a specific period of time, and the interest grows Pacific Index Advisory® An Advisory Fixed Indexed Annuity. Opening Thoughts on the Pacific Life Pacific Index Advisory Fixed Indexed Annuity. The company's 145-year history began in California in 1868. Pacific Life annuities provide a reliable income stream that can give you the peace of mind you need during retirement. However, you have the potential to earn interest based on the movement of three offered indexes and a fixed account that provides a guaranteed interest rate. Growth potential without being invested in the market. Pacific Life has a full range to fit your specific client needs. Any annuities with market-based performance have been excluded. Not available in California. Variable insurance products are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company (Newport Beach, CA) and an affiliate of Pacific Life & Annuity Company. Fixed annuities offer a powerful combination of: Safety of principal; Growth opportunity; Tax deferral; Lifetime income; Legacy protection Withdrawals may begin as soon as 30 days after contract issue and are available through: Withdrawal charges apply only for the withdrawal charge period you select at contract issue, either seven years or 10 years (10-year period is not available in California). Omaha, Nebraska 68103-6907 Shawn Plummer is Director of Advanced Annuity and Insurance Sales representing over 50 insurance companies including Fortune Global 500 Corporations. Q: How do I log in to the website? In no event will the MVA cause the withdrawal amount to be less than the Guaranteed Minimum Surrender Value. Variable and fixed annuity products are … A: In order to log in to the website, you must enter your username, password, and validate your security token. Shawn’s main focus is on educating both financial professionals and consumers on annuities, insurance, and retirement planning strategies. If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal tax may apply. The fixed annuity program is called Pacific Frontiers. Want to potentially reduce current taxes and increase lifetime income with a qualified longevity annuity contract (QLAC). Pacific Life Insurance Company (Newport Beach, CA) is licensed to issue products in all states except New York. If you have been considering the purchase of a fixed, multi-year guaranteed annuity because you want to get a guaranteed interest rate on your funds, and you want your hard-earned savings to remain safe – regardless of what happens in the stock market – then the Pacific Life Pacific Mariner 3 Year Guaranteed Rate annuity could be a viable option for you. Growth potential without being invested in the market. For more information: How Are Annuities Taxed? Purchasing an annuity is a big decision. However, you have the potential to earn interest based on the movement of three offered indexes and a fixed account that provides a guaranteed interest rate. Pacific Life also offers a 7 year and a 10 year version of this annuity. Fixed index annuities also provide ways to generate lifetime income. Many FIAs are more compelling than a plain vanilla fixed annuity. Some FIAs offer optional benefits for an additional cost, which are designed to increase the amount of income you may receive at a future date. Imagine what that could mean to your financial future. Withdrawals after the first contract year (after contract issue in Texas) if the owner or annuitant is diagnosed with a terminal illness and has a life expectancy of 12 months (24 months in Kansas) or fewer. Because you can never predict the future, you still have the ability to access your money when you need it. Qualified funds are 401k, IRA, SEP, 403b, TSA, etc. Performance; Fixed Indexed Annuities; Immediate Annuities; Deferred Income Annuities Withdrawals will reduce the contract value and the value of the death benefits, the Guaranteed Minimum Surrender Value, and also may reduce the value of any optional benefits. Opening Thoughts on the Pacific Life Index Foundation Fixed Indexed Annuity. You should carefully consider your income needs before you purchase a contract. Pacific Life Insurance Company (Newport Beach, CA) is licensed to issue products in all states except New York. Pacific Life has been helping clients to grow and protect wealth for nearly a century and a half. Variable Annuities. You may purchase only one optional benefit with your fixed indexed annuity contract, so consider an Enhanced Death Benefit if you: The optional Interest Enhanced Death Benefit will increase the Death Benefit Base in both up and down markets based on interest earned on the contract plus a 2% roll-up, compounded annually. If you are enrolled in enhanced security, you will then be asked to choose a … WHY CHOOSE A FIXED INDEXED ANNUITY. Pacific Life fixed indexed annuities are designed to protect your principal while providing growth opportunity based on the positive movement of an index creating a source of income that lasts for life and providing a guaranteed death benefit for loved ones. Avoid highlighting forms submitted to Pacific Life. And with Pacific Index Foundation, clients can be sure rates and caps will not change throughout the entire withdrawal charge period, a longer guarantee than a typical fixed indexed annuity provides” says Christine Tucker, vice president of marketing for Pacific Life’s Retirement Solutions Division. Lifetime Income Benefit, Enhanced Death Benefit, 401k, Cash, IRA, Non-Qualified Money, Roth IRA, Enhanced Death Benefit Option, Lump Sum, Spousal Continuation, Optional Fee For Enhanced Death Benefit, Optional Income Rider Fee, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming. » Get Quotes From Pacific Life & Other Annuity Providers. PO Box 2829 It is not a security and does not participate directly in the stock market or any index, so your money is not invested in the market. Variable and fixed annuity products are … Non-qualified funds are cash, checking, savings, life insurance cash value, etc. Box 2378 Omaha, NE 68103-2378 If you withdraw money from your annuity before you turn age 59.5, you will receive a penalty of 10% plus ordinary income taxes from the IRS. Features of Variable Annuities. Monday - Friday, Pacific Time Fixed and Variable Annuities (Financial Advisors) - Pacific Life Toll free: (800) 722-2333 6 a.m. to 5 p.m. Monday - Friday, Pacific Time Fixed and Variable Annuities for New York (Contract Owners and Financial Advisors) - Pacific Life & Annuity Toll free: (800) 748-6907: Regular mail: P.O. It is not a security and does not participate directly in the stock market or any index, so your money is not invested in the market. At Pacific Life, one optional benefit you can choose is known as Interest Enhanced Income Benefit 2. Many FIAs are more compelling than a plain vanilla fixed annuity. Follow Shawn at www.annuityexpertadvice.com and on social media below. Pacific Life is a product provider. Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. For clients desiring predictability, Pacific Index Advisory offers 100% downside protection and allows client to pursue growth without being directly invested in the market. Product availability and features may vary by state. Pacific Explorer is a deferred fixed annuity that guarantees an interest rate through a specific period of time, and the interest grows tax-deferred until you are ready to withdraw the money. Contract Form Series: ICC10:30-1181, 30-1181OR, 30-1294, ICC14:30-1308, 30-1305NJ, ICC16:30-1503, 30-1503OR, ICC17:30-1700, ICC17:30-1800 (state variations may apply) Rider Series: ICC15:20-1406, 20-1406, ICC15:20-1404, 20-1404, ICC18:20-1507, ICC16:20-1504, 20-1504OR, … Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Pacific Life Index Dimensions 10 is a deferred, fixed indexed annuity that provides safety of principal and growth potential. The Guaranteed Minimum Surrender Value is 87.5% (90% in New Jersey) of your total purchase payments, minus any prior withdrawals, accumulated at a fixed interest rate. Opening Thoughts on the Pacific Life Index Edge Fixed Indexed Annuity. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products. It is not a security and does not participate directly in the stock market or any index, so your money is not invested in the market. Product availability and features may vary by state. If you have been considering the purchase of a fixed, multi-year guaranteed annuity because you want to get a guaranteed interest rate on your funds, and you want your hard-earned savings to remain safe – regardless of what happens in the stock market – then the Pacific Life Pacific Mariner 3 Year Guaranteed Rate annuity could be a viable option for you. Withdrawals up to the Lifetime Annual Withdrawal Amount under the selected optional guaranteed minimum withdrawal benefit, if elected. o Lock in guaranteed interest rates for a term you choose. Pacific Life offers consumers a great variety of annuity products to choose from. Pacific Life offers a fixed indexed annuity (FIA) with an attractive and rare surrender period of only five years and another FIA that offers more generous terms in an otherwise standard product with a typical 10-year surrender period. Is Interest Enhanced Death Benefit Right for You? See the product fact sheet accompanying this brochure for the withdrawal charge schedule, as these vary by state. Pacific Index Foundation 7 fixed index annuity is a 7-year retirement plan designed to protect against stock market volatility while safely growing your savings, and offering an option enhanced death benefit for estate planning. If you’re seeking to enhance a death benefit for estate planning purposes, also shop and compare life insurance quotes too. It’s rare we don’t find a solution. A fixed indexed annuity from Pacific Life helps build your assets, protects your principal, and provides you with protected income payments for your entire life. 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