A fee-based variable annuity with no withdrawal charges offering clients the ability to meet a variety of financial-planning goals.
Pacific Odyssey
A Fee-Based, Deferred Variable Annuity
Pacific Odyssey Can Provide Clients:
Growth
- Choose from 100+ 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 0.30% ME&A.
Protection
Add Investment Guard2 to:
- Lock in a 10%, 15%, or 20% protection option based on term chosen.
- Choose from 80 investment options, some with up to 100% uncapped equity exposure.
- Protect purchase payments3 at end of a five, seven, or ten-year term.
Income
Choose retirement income when and how clients want it by adding:
- Enhanced Income Select 22 for maximizing income and flexibility.
- Future Income Generator2 for reliable income at retirement.
- Core Income Advantage (CIA) Select2 for steady income now.
Wealth Transfer
Add Optional Stepped-Up Death Benefit2 to lock in market gains that can be passed to the next generation.
Key Details
For complete product details view the Pacific Odyssey Fact Sheet →
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Purchase Payments
Qualified
$25,000 initial
$50 subsequent
Nonqualified
$25,000 initial
$250 subsequent
For aggregate purchase payments totaling more than $1 million, contact Pacific Life for approval.
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Charges & Fees
0.15%
M&E Risk Charge
0.15%
Administrative Fee
$0
Annual Contract Fee
0.28%—2.21%
Total Gross Fund Expense Range
0.28%—1.58%
Total Net Fund Expense Range
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Access to Money
Withdrawals without Charges
With no withdrawal charges, clients can access their contract values when they need to.
Performance and Resources
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
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.
3Subpays after year one are not protected.
Not all products or riders are available at all firms.
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.
Variable annuities are long-term contracts designed for retirement. The value of the variable investment options will fluctuate so that shares, when redeemed, may be worth more or less than the original cost.
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 also may apply. Withdrawals will reduce the contract value and the value of the death benefits, and also may reduce the value of any optional benefits.
Enhanced Income Select 2 is named "Guaranteed Withdrawal Benefit XXIII Rider--Single Life" and "Guaranteed Withdrawal Benefit XXIII Rider--Joint Life" in the contract rider. Future Income Generator is named "Guaranteed Withdrawal Benefit XXII Rider – Single Life" and "Guaranteed Withdrawal Benefit XXII Rider – Joint Life" in the contract rider. Core Income Advantage Select is named “Guaranteed Withdrawal Benefit X Rider–Single Life” and “Guaranteed Withdrawal Benefit X Rider–Joint Life” in the contract rider.
Pacific Life Insurance Company is licensed to issue insurance products in all states except New York. Product/material availability and features may vary by state.
Contract Form Series: 10-17800, 10-178OR (state variations may apply)
Rider Series: ICC13:20-1258, ICC13:20-1259, ICC20:20-1021, ICC20:20-1022, ICC19:20-1427, ICC19:20-1428, 20-1354, 20-1355, ICC1220-1264, ICC20-20-1355 20-1356-B, 20-1357-B, 20-1358-B,20-1359-B, 20-1360-B, 20-1361-B (state variation may apply)
24-184A
VAQ0585WP-2401