A variable annuity that offers value and protection to give your clients the freedom to meet their retirement goals—on their terms.
Pacific Choice is only available in New York
Pacific Choice
A Deferred Variable Annuity
Pacific Choice Can Provide Clients:
Growth
- Choose from 90+ investment options to facilitate growth with the flexibility to adjust as clients’ needs change.1
- Obtain unlimited growth potential and tax deferral.
- Reduce fee drag through a cost-conscious 1.20% ME&A.
Protection
Add Protected Investment Benefit2 to:
- Protect your clients’ assets at the end of five or seven years.
- Allocate up to 80% equity exposure.
Wealth Transfer
1The value of the variable investment options will fluctuate so that shares, when redeemed, may be worth more or less than the original cost.
2Optional benefits are available for an additional cost.
Key Details
For complete product details view the Pacific Choice Fact Sheet →
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Purchase Payment
Qualified
$2,000 initial
$50 subsequent
Nonqualified
$10,000 initial
$250 subsequent
For aggregate purchase payments totaling more than $1 million, contact Pacific Life for approval.
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Charges & Fees
0.95%
M&E Risk Charge
0.25%
Administrative Fee
$50
Annual Contract Fee
0.28%—1.86%
Total Gross Fund Expense Range
0.28%—1.58%
Total Net Fund Expense Range
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Access to Money
Contract Year |
Charge per |
|---|---|
| 1 | 7% |
| 2 | 7% |
| 3 | 6% |
| 4 | 5% |
| 5 | 3% |
Take the Next Step
Start A Conversation
How may we support you? Let's talk about:
- A specific client scenario
- Getting appointed
- Running an illustration (if non-appointed)
- Any other questions you might have
24-119A
VAC0584WPNY-2400 5/24 E527
Investors should carefully consider a variable annuity's risks, charges, limitations, and expenses, as well as the risks, charges, expenses, and investment goals of the underlying investment options. This and other information about Pacific Life are provided in the product and underlying fund prospectuses. These prospectuses should be read carefully before investing.
Broker/dealer and state variations may apply. Contact your broker/dealer for availability.
Annuity withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal income tax may apply. A withdrawal charge and a market value adjustment (MVA) also may apply. Withdrawals will reduce the contract value and the value of the death benefit, and also may reduce the value of any optional benefits.
Insurance product and rider guarantees, including optional benefits and any fixed crediting rates or annuity payout rates, are backed by the financial strength and claims-paying ability of the issuing insurance company and do not protect the value of the variable investment options. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased, or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.
Contract Form Series: 10-2252-13 (state variations may apply)
Rider Series: 20-2355, 20-2354, 20-2264-13 (state variation may apply)