When you retire, a Lifetime CheckSM from Jackson can pick up where a paycheck leaves off. It arrives every month for life, so you have predictable, guaranteed income. The Lifetime Check is just one of the ways Jackson helps you pursue Financial Freedom for Life.
How Do I Get a Lifetime Check?
The Lifetime Check is an optional benefit that guarantees* income for life. It's available for an extra charge when you purchase certain Jackson variable annuities. The income from your Lifetime Check will never decrease, no matter what the markets do, and even has the potential to increase.
Is it Right for Me?
While your life plans may be uncertain, the Lifetime Check is not. It will come every month for the rest of your life – regardless of whether the market is up or down. If you’re nervous about living without a paycheck, a Lifetime Check may be a good option to discuss with your advisor.
You may not know where the next phase of life will take you, but with a Lifetime Check from Jackson you’ll know you’ll have income when you get there.
What is a Variable Annuity?
Variable annuities are long-term, tax-deferred products that are designed for retirement. Variable annuities may involve investment risk and may lose value. Earnings, such as the Lifetime Check, are taxable as ordinary income when distributed and may be subject to a 10% additional tax if you withdraw before you turn 59½.
Variable annuities are subject to investment risks, including the loss of principal value. Guaranteed income options associated with variable annuity products may carry additional fees and charges and are subject to conditions and limitations.
*Guarantees are backed by the claims-paying ability of Jackson National Life Insurance Company or Jackson National Life Insurance Company of New York.