For clients who need protected income for life1 and reliable growth regardless of market performance, consider Interest Enhanced Income Benefit, an optional living benefit available for an additional cost with Pacific Index Edge fixed indexed annuity.
Interest Enhanced Income Benefit Offers Features Designed for Conservative Clients
Reliable Growth
5.5% growth through an annual roll-up for up to 10 years PLUS any interest earned2
Income Stability
Protected lifetime income as high as 7.00%3
More Opportunity
The income amount can be increased each year by locking in earned interest through the reset feature4
Locking In Reliable Income May Create Portfolio Management Opportunities
Knowing that a portion of their money will provide protected lifetime income may encourage clients to feel more comfortable. This could allow you to help manage the rest of their portfolios in a way that could offer more opportunities.
See how a Pacific Index Edge fixed indexed annuity with Interest Enhanced Income Benefit can play a role in your clients' portfolios.
Ready to lock in some certainty to clients' portfolios?
Reach out today.
FAP2947-0323H
1Lifetime withdrawals begin at age 59½.
2On each contract anniversary, the annual roll-up will be added to the Protected Payment Base for 10 years, unless a withdrawal or reset occurs. This roll-up is not added to your contract value and is not a rate of return.
3Lifetime annual withdrawal percentages may be lower based on the age when the first withdrawal is taken and whether or not the Single Life or Joint Life version is chosen.
4A reset can be automatic or owner-elected. For additional information, please see the Interest Enhanced Income Benefit client guide or refer to the Pacific Index Edge contract summary.
All guarantees are subject to the claims-paying ability and financial strength of the issuing insurance company.
Pacific Index Edge is not available in New York.
Pacific Index Edge is not a security and does not participate directly in the stock market or any index, so it is not an investment.
Annuity withdrawals and other distributions of taxable amounts, including beneficiary 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 beneficiary benefit, and also may reduce the value of any optional benefits.
Guaranteed Minimum Withdrawal Benefit (GMWB) withdrawals are not annuity payouts. Annuity payouts generally receive a more favorable tax treatment than other withdrawals. The GMWB rider does not guarantee a rate of return or growth rate.
Pacific Index Edge is named “Individual Limited Premium Deferred Fixed Annuity” in the contract. Alternatively, the product is also named “Modified Single Premium Deferred Fixed Annuity” in Oregon and “Modified Guaranteed Equity Index Annuity” in Illinois. Interest Enhanced Income Benefit is named “Guaranteed Withdrawal Benefit XX Rider—Single Life” or “Guaranteed Withdrawal Benefit XX Rider—Joint Life” in the contract rider.
Contract Form Series: ICC16:30-1503, 30-1503MA, 30-1503ID, 30-1503OR
Rider Series: ICC17:20-1550, ICC17:20-1551
State variations to contract form series and rider series may apply.