Jackson Life Variable Annuity

Lansing Michigan and in New York VA650NY VA660NY by Jackson National Life Insurance Company of New York Home Office.

Jackson life variable annuity. Minimum Initial Premium. Jackson National Annuities Life Pulls back on Variable Annuities October 10 2012 by Brandon Roberts Jackson National Annuities Life joined the ranks of Prudential and Metlife this week when it delivered news that is would pull back on benefits from its variable annuity products. The surrender charge is a separate expense from the annual fees associated with the account.

An annuity is a retirement product that allows you to take income when you need it. Elite Access A 1 charge and a minimum 5000 non-qualified or 2000 qualified initial investment make this something of an entry-level annuity for those looking to make a. May not be available in all states and state variations may apply.

The Elite Access II annuity from Jackson is a variable annuity that allows you to grow your funds on a tax-deferred basis. Here is the surrender charge schedule for the Jackson National Perspective II Variable Annuity. The ChoicePlus variable annuity from Lincoln National kept them in third place this year.

As you can see the surrender charge decreases each year until it goes to 0 after you hold your annuity for 7 years. Wealth managers have the ability to control income distributions while the Portfolio Manager has the freedom and flexibility to manage for longer-term growth. Variable annuities offer a range of choices for the invested funds and Jackson offers between 90-100 different choices.

Elite Access II Variable Annuity. Where the annuity might work well. If you dont need your money right away you can let it potentially grow tax-deferred.

How the annuity works. Life Insurance Study Jackson was ranked seventh out of 15 annuity. For example John bought 500000 of the Perspective Advisory II Variable Annuity with Lifeguard freedom accelerator rider at age of 65 and plans to defer it until age 70 and then begin taking income.