Health insurance california. What is an Annuity?, Jackson

More than 32 million Americans have chosen to leverage an annuity as part of their retirement strategy.* Annuity.

Advisors recommend annuities for a variety of reasons, from income protection to growth potential. With a wide variety of annuities out there, it’s no wonder so many people are turning to this way to invest and receive income. Here are a few of the reasons an annuity might make sense for you:

What is an annuity? An annuity is a way to invest for retirement. Most annuities provide some protection for your investments, backed by an insurance company. If you use an annuity as part of your retirement planning, you'll have several options to consider, from more conservative fixed annuities to variable annuities, which give you access to more potential growth.

With an annuity, you pay money in and then receive money back once you reach retirement age, creating a steady stream of retirement income designed to help you have fewer worries.

Annuity definition and facts: Annuities are long-term, tax-deferred vehicles designed for retirement. Variable annuities involve investment risks and may lose value. Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn before age 59½. Optional benefits are available for an extra charge in addition to the ongoing fees and expenses of the variable annuity.

Is an annuity right for you? That’s something for you and your advisor to decide together. Pundits don’t know your circumstances, so their advice isn’t customized to you. Be sure to bring any questions or thoughts about annuities to your financial professional.

Learn More About Annuities

These resources can provide you with additional information.

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Before investing, investors should carefully consider the investment objectives, risks, charges and expenses of the variable annuity and its underlying investment options. The current contract prospectus and underlying fund prospectuses, which are contained in the same document, provide this and other important information. Please contact your Internal Wholesaler to obtain the prospectuses. Please read the prospectuses carefully before investing or sending money.

The latest income date allowed is age 95, which is the required age to annuitize or take a lump sum. Please see the prospectus for important information regarding the annuitization of a contract.

Guarantees are backed by the claims-paying ability of Jackson National Life Insurance Company or Jackson National Life Insurance Company of New York.

Optional benefits are available for an extra charge in addition to the ongoing fees and expenses of the variable annuity. Only one optional living benefit and one optional death benefit may be elected per contract. Once elected, benefits may not be cancelled, please see prospectus for specific benefit availability. The long-term advantage of the optional benefits will vary with the terms of the benefit option, the investment performance of the variable investment options selected, and the length of time the annuity is owned. As a result, in some circumstances the cost of an option may exceed the actual benefit paid under that option.

On the contract anniversary on or immediately following the owner’s (or older joint owner’s or younger covered life’s) attained age 59½, the for-life guarantee becomes effective provided: 1) the contract value is greater than zero and 2) the contract has not been annuitized. If the owner (or older joint owner or younger covered life) is age 59½ on the effective date of the endorsement, then the for-life guarantee becomes effective on that date. All withdrawals reduce the GWB and, depending on the amount of withdrawals taken, adjusted for any GWB step-ups and any applicable bonus, the GAWA may be reset to a lower amount when the for-life guarantee becomes effective.

In certain states, we reserve the right to refuse any subsequent premium payments.

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Annuities are issued by Jackson National Life Insurance Company

(Home Office: Lansing, Michigan) and in New York by Jackson National Life Insurance Company of New York

(Home Office: Purchase, New York). Variable annuities are distributed by Jackson National Life Distributors LLC, member FINRA. May not be available in all states and state variations may apply. These products have limitations and restrictions. Contact Jackson for more information.

is the marketing name for Jackson National Life Insurance Company

and Jackson National Life Insurance Company of New York

• Not FDIC/NCUA insured • Not bank/CU guaranteed • May lose value •

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Not a deposit • Not insured by any federal agency

© 2018. All rights reserved

Jackson National Life Insurance Company
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