Jackson Market Link Pro^® Suite

Jackson Market Link Pro^® II and Jackson Market Link Pro^® Advisory II
 

Methodology

Scenario returns are based on the historical returns of the chosen index. It’s important to note that other indices may have different or opposite return characteristics during these same scenario time periods.

Crediting Methods

Three crediting methods are offered across the 1-year, 3-year and 6-year Index Account Option Terms. They are Cap, Performance Boost and Performance Trigger.  Not all crediting methods are available with all protection options or Index Account Option Terms.

Index Participation Rate (“IPR”): The percentage applied to any positive index return in the calculation of the index adjustment for the cap crediting method. The IPR is an index adjustment factor and is declared at the beginning of the index account option term.

Cap Rate (“Cap”): The stated maximum amount of potential gain, if the index return is positive, that could be credited for the selected term.

Performance Boost Cap Rate: The stated maximum amount of potential gain, if the index return is positive, flat, or within the buffer, that could be credited for the selected term.

Performance Boost Rate ("PBR"): The amount that will be added to the index return, expressed as a percentage, that will increase the index adjustment credited under the performance boost crediting method up to the stated performance boost cap rate. The PBR will be equal to the buffer. 

Performance Trigger Rate (“Performance Trigger”): A stated rate of return, which may be greater than or less than the actual return of the index, that will be credited to the contract if the ending index value is equal to or greater than the initial index value.

Protection Options

Two protection options are offered across the 1-year, 3-year and 6-year Index Account Option Terms. They are Buffer and Floor.  Not all crediting methods are available with all protection options or Index Account Option Terms. 

Buffer: A Buffer is the amount of negative Index price change before a negative Index Adjustment is credited to the Index Account Option Value at the end of an Index Account Option Term, expressed as a percentage. Put another way, a Buffer protects your Index Account Option Value from loss up to a specified amount. Jackson protects you from any loss associated with Index decline up to your elected Buffer percentage. You only incur a loss if the Index has declined more than your elected Buffer percentage as of your Index Account Option Term Anniversary. 

Floor: A Floor is the maximum loss that will be credited to the Index Account Option at the end of the Index Account Option Term, expressed as a percentage. In contrast to the Buffer, a Floor protects your Index Account Option Value from loss greater than a specified amount. This means that if the Index has declined as of your Index Account Option Term Anniversary, you will incur all of the loss up to your elected Floor percentage. Jackson will protect you from any Index decline greater than your elected Floor percentage.

Market Scenarios

Market scenarios have been created in order to demonstrate the mechanics of the Jackson Market Link Pro Suite of registered index-linked annuities. These products were not available during the time period illustrated. The investment outcomes of an actual contract could differ due to different beginning and ending dates of an actual contract versus the beginning and ending dates used in this tool. Investment outcomes could also very, based on the fluctuation of renewal rates, depending on the Index Account Option(s) selected.

Down Market: The down-market scenario illustrates returns based on the selected benchmark for the worst six-year period since May 1990.

Up Market: The up-market scenario illustrates returns based on the selected benchmark for the best six-year period since May 1990.

Recent Market: The recent-market scenario illustrates returns based on the selected benchmark for the most recent six-year period.

Dot-com Bubble: The Dot-com Bubble scenario illustrates the return of the selected Index Account Option(s) starting 01/01/2000 and ending 12/31/2005.

U.S. Housing Market Crisis: The U.S. Housing Market Crisis scenario illustrates the return of the selected Index Account Option(s) 01/01/2006 and ending 12/31/2011.

Brexit/COVID: The Brexit/COVID scenario illustrates the return of the selected Index Account Option(s) starting 04/01/2014 and ending 03/31/2020.

We assume each Index Account Option Term allocation is reinvested at the end of the Index Account Option Term to reflect hypothetical returns over the six-year periods defined above. Therefore, a 1-year Index Account Option is reinvested five times, a 3-year Index Account Option is reinvested once, and a 6-year Index Account Option is not reinvested. Any positive Index Adjustments are reinvested at the original rate. Actual results may vary due to the fluctuation of renewal rates for each Index Account Option. 

Index Options

The indices used are price indices and do not reflect dividends paid on the underlying stocks. Investors are not buying shares of any stock or index and cannot invest directly in the indices. During periods of favorable market and economic conditions, the index performance and cap rates could result in extraordinary returns which may not be repeated or sustained.

S&P 500 Index: The S&P 500 Index is comprised of equity securities issued by large-capitalization U.S. companies. In general, large-capitalization companies may be unable to respond quickly to new competitive challenges and may not be able to attain the high growth rate of successful smaller companies.

Russell 2000 Index: The Russell 2000 Index is comprised of equity securities of small-capitalization U.S. companies. In general, the securities of small-capitalization companies may be more volatile and may involve more risk than the securities of larger companies. Small-capitalization companies are more likely to fail than larger companies.

MSCI EAFE Index: The MSCI EAFE Index is comprised of equity securities of large- and mid-capitalization companies and it is designed to measure the equity market performance of developed markets, including countries in Europe, Australasia, and the Far East. In general, large-capitalization companies may be unable to respond quickly to new competitive challenges and may not be able to attain the high growth rate of successful smaller companies, and the securities of mid-capitalization companies may be more volatile and may involve more risk than the securities of larger companies. Securities issued by non-U.S. companies (including related depositary receipts) are subject to the risks related to investments in foreign markets (e.g., increased price volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty).

MSCI Emerging Markets Index: The MSCI Emerging Markets Index is comprised of equity securities of large- and mid-capitalization companies in emerging markets. In general, large-capitalization companies may be unable to respond quickly to new competitive challenges and may not be able to attain the high growth rate of successful smaller companies, and the securities of larger companies. Mid-capitalization companies are more likely to fail than larger companies. Securities issued by non-U.S. companies (including related depositary receipts) are subject to the risks related to investments in foreign markets (e.g., increased price volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty). Those risks are typically more acute when issuers are located or operating in emerging markets. Emerging markets may be more likely to experience inflation, political turmoil, and rapid changes in economic conditions than developed markets. Emerging markets often have less uniformity in accounting and reporting requirements, less reliable valuations, and greater risk associated with custody of securities than developed markets.

MSCI KLD 400 Social Index: The MSCI KLD 400 Social Index is comprised of equity securities that provide exposure to companies with outstanding Environmental, Social, and Governance (ESG) ratings and excludes companies whose products have negative social or environmental impacts. Since the primary objective of this Index is to track companies with a positive social or environmental impact, this Index may underperform the market as a whole or other indices that do not screen for ESG standards. The Index may include large-, mid-, and small-capitalization companies. In general, large capitalization companies may be unable to respond quickly to new competitive challenges and may not be able to attain the high growth rate of other successful smaller companies, and the securities of smaller capitalization companies may be more volatile and may involve more risk than the securities of larger companies. Smaller companies are more likely to fail than larger companies.

Impact of Withdrawals

Withdrawals before the end of a term are subject to an interim value adjustment.  The interim value adjustment may have a positive or negative impact on the contract value at the end of the term which may be significant.

For Jackson Market Link Pro II, withdrawal charges will apply to withdrawals during the first six years of the contract which will result in a reduced contract value. Withdrawal charges as a percentage of remaining premium. The withdrawal charge schedule is 8%, 8%, 7%, 6%, 5%, 4%, 0%

For Jackson Market Link Pro Advisory II, a market value adjustment (MVA) will be applied to certain amounts withdrawn or annuitized during the first six contract years.  The MVA may result in an increase or decrease to amounts removed from the contract.

Index Account

An account within the Index Account for allocation of Premium. Each Index Account Option is defined by term, index and crediting method and has an Index Adjustment Factor tied to its Issue Date, index and crediting method during the withdrawal charge period. Upon expiration of the withdrawal charge period, each Index Account Option is defined by its index and crediting method.

Important Information

This material is authorized for use only when preceded or accompanied by the current contract prospectus.  Before investing, investors should carefully consider the investment objectives and risks of the registered index-linked annuity.  This and other important information is contained in the current contract prospectus at Jackson.com/ProspectusJMLP2 for the Jackson Market Link Pro prospectus or Jackson.com/ProspectusJMLPA2 for the Jackson Market Link Pro Advisory prospectus. Read the prospectus carefully before investing or sending money.

Jackson, its distributors, and their respective representatives do not provide tax, accounting, or legal advice. Any tax statements contained herein were not intended or written to be used and cannot be used for the purpose of avoiding U.S. federal, state, or local tax penalties. Tax laws are complicated and subject to change. Tax results may depend on each taxpayer’s individual set of facts and circumstances. You should rely on your own independent advisors as to any tax, accounting, or legal statements made herein.

Guarantees are backed by the claims-paying ability of Jackson National Life Insurance Company. They are not backed by the broker/dealer from which this annuity contract is purchased, by the insurance agency from which this annuity contract is purchased or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of Jackson National Life Insurance Company.

Jackson Market Link Pro Suite registered index-linked annuities have been developed by Jackson National Life Insurance Company. These annuities are not in any way connected or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively the “LSE Group”). FTSE Russell is the trading name of certain LSE Group Companies.

All rights in the Russell 2000 Index vest in the relevant LSE Group company which owns the Index. Russell^® is a trademark of relevant LSE Group company and are used by other LSE Group company license.

The Index is calculated by or on behalf of FTSE Fixed Income, LLC or its affiliate, agent, or partner. The LSE Group does not accept any liability to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of Jackson Market Link Pro Suite. The LSE Group makes no claim, prediction, warranty or representation as to the results to be obtained from Jackson Market Link Pro Suite or the suitability of the Index for the purpose to which it is being put by Jackson National Life Insurance Company.

The Product referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such Products or any index on which such Products are based. The Contract contains a more detailed description of the limited relationship MSCI has with Jackson National Life Insurance Company and any related Products.

STANDARD & POOR’S^®, S&P^® and S&P 500^® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones^® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and have been licensed for use by S&P Dow Jones Indices LLC. The S&P 500 is a product of S&P Dow Jones Indices LLC, and has been licensed for use by Jackson National Life Insurance Company (“Jackson”). The Jackson Market Link Pro Suite is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, or any of their respective affiliates (collectively, “S&P Dow Jones Indices”), and S&P Dow Jones Indices LLC does not make any representation or warranty, express or implied, to the owners of the Jackson Market Link Pro Suite or any member of the public regarding the advisability of investing in securities generally or in the Jackson Market Link Pro Suite particularly or the ability of the S&P 500 to track general market performance.

Registered index-linked annuities (contract form numbers RILA290, RILA290-CB1, RILA292, RILA292-CB1, RILA295, RILA295-FB1, RILA297, RILA297-FB1) are issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and 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, including withdrawal charges or market value adjustments. Jackson issues other annuities with similar features, benefits, limita­tions, and charges. Discuss them with your financial professional or contact Jackson for more information.

Firm and state variations may apply. Additionally, products may not be available in all states.