Tax Deferral

Taxes can have a significant impact on the value of your clients’ investments over time and on the amount of after-tax income they will have in retirement. Using clear explanations and examples that avoid jargon, we provide information that shows why investments grow faster when taxes are deferred;1 how a strategy for taking withdrawals can help manage the tax burden during retirement; and how annuities can help transfer wealth in tax-advantaged ways.2

Taxable Income Management
Private Wealth & Trust

Taxable Income Management

Demonstrate the impact of taxes and tax deferrals, both in planning for sources of income in retirement and in determining where to hold different types of investments.

Private Wealth & Trust

Understand how annuities can transfer wealth across generations in ways that can reduce taxes on an estate and on one’s beneficiaries.

Variable annuities are long-term, tax-deferred investments designed for retirement, involve risks and may lose value. Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn before age 59½.

Annuities involve risks and may lose value.

1Tax deferral offers no additional value if an annuity is used to fund a qualified plan, such as a 401(k) or IRA, and may be found at a lower cost in other investment products. It also may not be available if the annuity is owned by a “non-natural person” such as a corporation or certain types of trusts.

2Jackson and its affiliates do not provide legal, tax or estate-planning advice. For questions about a specific situation, please consult a qualified advisor.