Legal & privacy

Privacy practices

At Jackson, we know your privacy is important to you. It’s important to us too. We are committed to protecting your privacy and to upholding the trust you have placed in us to ensure the safety and security of your personal information. We treat your personal information you provide to Jackson with respect and as confidential and we are committed to compliance with all applicable state and federal privacy laws and regulations. We value the trust you have placed in us. 

The links below provide details about our practices and policies for handling and securing your personal information. To exercise the rights you may have related to your personal information or to manage your personal information, please submit a Privacy Data Request using this form or call (800) 644-4565.

Web privacy policy

This web privacy policy (“policy”) is effective as of February 14, 2020. Jackson reserves the right to modify this policy at any time and will post the current policy incorporating those changes on this page. Changes to this policy are effective as of the date they are posted.

Security

Jackson recognizes that information security is a crucial topic. To protect data, we've built an industry-standard Information Security program with certified and experienced professionals who strive to protect the integrity of our systems and applications. Precautions have been implemented throughout our organization, including, where appropriate, password protection, multi-factor authentication, encryption, TLS, firewalls, and internal restrictions on who may access data to protect the information we collect from loss, misuse, and unauthorized access, disclosure, alteration, and destruction. Information you provide to us when filling out secure forms on our Sites, as well as information we supply when you are visiting those areas, is protected while passing through the Internet using encryption technology called Transport Layer Security (TLS). Your browser will indicate when you are within a secure area of our Sites by displaying a symbol, such as a locked padlock or an unbroken key. To learn more about how Jackson protects your personal information, please visit the Cyber security page.

How we collect, use, and share your information

Information you provide to us directly

To provide our web visitors with valuable information related to financial interests, Jackson may collect personally identifiable information ("PII") directly from you through forms that you choose to fill out and submit to Jackson including, but not limited to, your first and last name, email address, phone, and zip code. Where PII is required to be collected, this will be clearly communicated before you choose to provide the information. We use this information coupled with your indication of content preferences to provide you relevant information through your email address. 

We share this personal information to our third-party partners to assist with sending you email messages. You can "opt out" of this communication or, in other words, simply stop receiving it at any time by following the opt-out instructions contained within the email message from Jackson.

Digital analytics information

To enhance our visitors' usability of the Jackson website, digital analytics tools are used to understand and optimize performance. This includes, but is not limited to, the collection of your IP address and information about what pages you visit, the average time on the page, and whether you have visited the site and pages in the past. While it's our goal to use this data responsibly, we understand that you may not wish to have information collected regarding your visit to Jackson.com, its landing pages, and its associated sites found on the Jackson.com sitemap.

You can opt out, review and/or update your data collection preferences with respect to the use of digital analytics at any time and opt out of our analysis of your browsing experience on Jackson.com, its landing pages and its associated sites found on the Jackson.com sitemap (“Jackson Sites”). Additionally, you can control the information that is sent to Google, one of our analytics tool providers, and learn more about how Google uses the information by visiting Google’s Privacy & Terms.

Data collection preferences

Please select your preferred level of data collection on Jackson.com, its landing pages and its associated sites found on the Jackson.com sitemap ("Jackson® websites").

Opt out status

Allow web analytics tools to capture all of your actions on Jackson websites for analysis. These actions may be identifiable to you as an individual if you are logged in to any of the Jackson websites.

Do not allow web analytics tools to capture any personal information or data regarding your actions on Jackson websites.

Note that your opt-out selection applies to data collected on Jackson websites and not data collected by web analytics tools on other sites. We maintain your preferences by placing an "opt-out cookie" on your computer, so you will need to reselect your preferences if you upgrade your browser, visit from a different computer or the cookie is removed or deleted.

Your preference has been updated to

Cookies

A cookie is a piece of data stored within the web browser on your computer by the websites you visit. Cookies are widely used to improve browsing experience and help websites function more efficiently.

From our website, Jackson may place cookies on your computer. There are two types of cookies that we use:

  • Session cookies - These cookies are temporarily created when you visit our website. When you leave the website, all session cookies are deleted.
  • Persistent cookies - These cookies remain on your computer for the period of time specified in the cookie. They are activated each time you visit our website, which created that particular cookie.

The cookies we use help the website to remember your session, allow certain functionality of the website, and facilitate website usage analysis. This will enable us to continually improve the website and our systems. 

For users not logged in to Jackson.com, the cookies do not hold any PII about you. We do not associate any data gathered from cookies with any personal information you choose to provide us. For logged-in users, some PII, including your email address and agent number may be collected and shared with our digital analytics partners through our effort to understand and optimize Jackson Sites performance. 

Many internet browsers allow you to adjust your cookie preferences or delete existing cookies from your internet browser. If you set your browser to reject cookies, you should be aware that certain website features, promotions or services may not be available to you or may not function correctly. 

Certain internet browsers may provide you the choice to set "Do Not Track" preferences, to limit the collection of information about your online activities over time and across third-party websites or online services. Jackson's systems do not respond to internet browser "do not track" signals or similar mechanisms. 

Pixel tags

To determine the efficacy of our marketing efforts, we use pixel tags, which are small pieces of JavaScript code, to collect information about you and your browsing session during your visit to Jackson Sites. The information we collect through the pixel tag does not contain PII. This information is subsequently shared with Facebook, Google, Linkedln, and Twitter and they may use this information to direct advertising to you based upon the information collected while visiting Jackson Sites.

We understand that you may not want to allow Jackson to collect and share this information related to cross-device tracking and advertisement targeting. Therefore, you can opt out, review and/or update your data collection preferences with respect to Jackson’s use of targeted advertising at any time and opt out of our analysis of your browsing experience on Jackson Sites.

Our vendors’ and partners’ collection and use of  non-personal information

Jackson works with vendors and other partners to help deliver online and mobile advertisements for Jackson products and services that we think may be of interest to you using non-personally identifiable information. Many of these advertisements are not targeted to you specifically, but rather are placed on third-party internet websites where we anticipate our target audience will visit frequently. We do not control and are not responsible for the privacy practices of third-party internet websites where our advertisements appear. 

Our vendors and other partners also may use cookies, pixel tags, and other technologies to perform services on our behalf. Jackson does not control the use of this technology or the resulting information and is not responsible for any actions or policies of such third parties. These vendors and other partners include third-party websites, online and mobile advertising networks and similar advertising service providers, and content networks. These vendors and other partners may record which ads your browser has seen and which site pages you may have been viewing when the ads were delivered. 

Some of our advertisements delivered for us by these vendors and other partners may be based on your online behaviors (e.g., on Jackson sites and other third-party sites), your search activity, or your general geographic location (such as whether your Wi-Fi network indicates that you are in an airport). These ads may appear on our own sites or on third-party websites. You may also see advertisements for third parties' products and services on other websites based on your visits to Jackson sites and other sites. 

We also engage vendors to deliver online advertisements to users whose online behaviors on sites other than our own sites indicate that they may be interested in our products, or to help us deliver advertisements to users based on their publicly available social networking information. Some of our vendors may use anonymous data, such as demographic data, received from third parties to assist in the delivery of our advertisements to you. 

You may view a list of certain companies that collect or use information about your browsing activity to assess your ad interests, and they may or may not provide you with the opportunity to opt-out of their use of your browsing activity to serve you interest-based ads. Those companies are responsible for managing and honoring your opt-out choices, and Jackson is not responsible for their actions or policies. 

Applicability of Jackson’s web privacy policy

Our site may be reached by links from or contain links to other websites, which are not owned or controlled by us. These other websites may have privacy policies controlling the collection and use of personal information about you that are different from and not applicable to Jackson's web privacy policy. We are not responsible for the privacy practices of these other sites, and a link to or from another site is not an endorsement by us of that site, its content, its privacy practices or its sponsoring organization. When accessing any of these other sites, review the privacy information provided as part of the site to determine the privacy practices about that site and, if necessary, contact the site owner with questions or requests for additional privacy information. 

Business continuity plan disclosure

As a FINRA member firm, Jackson National Life Distributors LLC (“Jackson Distribution”) maintains a business continuity plan that addresses the possibility of a future significant business disruption and how Jackson Distribution plans to respond to events of varying scope, such as natural disasters, power outages, and other significant events that could affect Jackson Distribution and the buildings, city, or regions where it operates. 

Jackson Distribution is a FINRA registered broker-dealer and the wholesale distribution arm of Jackson National Life Insurance (“Jackson”). Jackson Distribution engages in activities related to the underwriting and distribution of variable annuity and mutual fund products and distribution of insurance products and other non-securities products issued by Jackson or its affiliate companies to other broker-dealers, financial institutions, and insurance agencies/agents. To the extent Jackson Distribution acts as the broker-dealer of record for accounts, it only does so for a short time, usually a matter of days. Accordingly, a significant business disruption may prevent the opening of accounts for new customers or the processing of new account forms recently received from prospective customers.  A significant business disruption may also prevent or delay the underwriting and distribution of the above-described products.

Jackson Distribution’s business continuity plan and this Business Continuity Plan Disclosure are subject to change. Changes will be reflected on the Business Continuity Plan as appropriate.

Plan request

A copy of the current version of this Business Continuity Plan Disclosure will be mailed to customers upon request. Please send requests to:

Jackson National Life Distributors LLC
Attn: Compliance Department
300 Innovation Drive
Franklin, TN 37067

All plans are subject to modification.

Social media disclosures

Jackson is not always able to respond immediately to all comments posted on our social media sites. For this reason, we ask that you not use these sites to request transactions, submit complaints, or raise customer service questions. For these topics, please email customercare@jackson.com so our customer service associates may assist you, or contact us by phone.

Our social media platforms are public websites. For your own security, we strongly suggest that you NOT share personal information on these sites. By posting on our social media pages, you represent that you have the right to share the material in your posts, including intellectual property, trademarks and copyrighted material.

We reserve the right to delete comments or postings at any time without notice, for any reason, and at our sole discretion. If you are a Jackson (or affiliated company) employee, remember that all company policies apply to your postings here.

Note that posts and comments made by third-party social media users do not represent the opinions of Jackson National Life Insurance Company, nor do we confirm the accuracy of any statements made in these posts. Jackson is not responsible for and does not endorse any third-party links, comments, advertisements, or other information included on our social media pages.

Some of our content relates to financial education and general investing and financial topics. Please read the following disclaimer regarding this content:

Before investing, investors should carefully consider the investment objectives, risks, charges, and expenses of the variable insurance product, including its underlying investment options. The current prospectus (or for the variable insurance products the contract prospectus and underlying fund prospectuses, which are contained in the same document) provides this and other important information. Please contact your financial professional or the Company to obtain the prospectus(es). Please read the prospectus(es) carefully before investing or sending money.

Diversification does not assure a profit or protect against loss in a declining market. Investing involves risks including possible loss of principal.

Annuities are issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and in New York by Jackson National Life Insurance Company of New York (Home Office: Purchase, New York). Variable annuities are 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. Contact Jackson for more information.

Jackson® is the marketing name for Jackson National Life Insurance Company® and Jackson National Life Insurance Company of New York®. Jackson National Life Distributors LLC.

Jackson National Life Distributors LLC
Form CRS customer relationship summary
July 2020

Jackson National Life Distributors LLC (“JNLD”, “we”, “us”, or “our”) is a wholly-owned subsidiary of Jackson National Life Insurance Company (collectively, with its affiliates “Jackson”), and distributes annuities issued by Jackson. JNLD is registered with the U.S. Securities and Exchange Commission (”SEC”) as a broker-dealer and is a member of the Financial Industry Regulatory Authority (”FINRA”). Brokerage and investment advisory services and fees differ, and it is important for you to understand these differences. Free and simple tools are available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing.

What investment services and advice can you provide me?

Our primary activities involve the distribution of annuities, insurance and mutual funds issued by Jackson and its affiliates through financial intermediaries, sometimes referred to as “wholesaling.” 

We also offer limited retail brokerage services that include selling annuities advised by fiduciaries such as trust companies and registered investment advisers. We do not make investment decisions for you, monitor your investments, or hold customer accounts or assets. You make the ultimate decision whether to buy or sell any investment. Within our retail channel, we only offer products and services sponsored by Jackson.  Outside of this channel, we do not have a customer relationship with you solely because we act as distributor of Jackson products.

Variable annuities are long-term, tax-deferred investments designed for retirement. The initial investment varies depending on the specific product selected. Within Jackson’s variable annuities, investors can allocate their investment among sub-accounts known as Investment Divisions or “Funds.” These Funds are managed by Jackson’s subsidiary, Jackson National Asset Management LLC (“JNAM”). JNAM is primarily responsible for supervising, reviewing, and monitoring fund managers, called Investment Partners, who implement the investment objectives of the Funds. For a list of our Investment Partners for our Variable products visit our Investment options page.

For additional information, please see www.jackson.com/legal-and-privacy.html#regulation-best-interest-disclosure

Benefits of annuities or Who we are

Conversation Starters. Ask your financial professional—

  • Given my financial situation, should I choose a brokerage service? Why or why not?
  • How will you choose investments to recommend to me?
  • What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?

What fees will I pay?

You will not pay any commission or direct fee to us for brokerage services. You will, however, pay fees and costs to Jackson in connection with the product you purchase, and we indirectly receive some of these fees and costs at times as payment for our distribution services, which is a benefit to us.  You may also pay fees in connection with your investment in the Funds that are shared, in part, with JNLD.

Contract charges for variable annuities include the Core Contract Charge, which compensates Jackson for its expenses associated with annuity contracts, the Annual Contract Maintenance Charge, which is for certain administrative expenses, the Transfer Charge, which applies after you have made 25 transfers among the Funds within a year period, and the Withdrawal Charges, which applies when you make certain premature withdrawals.   Contract charges are assessed monthly or annually, except the Withdrawal Charge and Transfer Charge, which are assessed at the time of the withdrawal or transfer. An explanation of the fees and costs associated with our products is available here.

You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any amount of money you make on your investments over time. Please make sure you understand what fees and costs you are paying.

Conversation Starter. Ask your financial professional—

  • Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?

What are your legal obligations to me when providing recommendations? How else does your firm make money and what conflicts of interest do you have?

When we provide you with a recommendation, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we earn money creates conflicts of interest. You should understand and ask us about these conflicts of interest because they can affect the recommendations we provide you. Here is an example to help you understand our conflicts of interest:

  • We only offer Jackson annuities. We have an incentive to recommend Jackson annuities and Funds for which we and Jackson receive greater compensation and to recommend new Jackson annuities and Funds to increase overall assets.

Conversation Starter. Ask your financial professional—

  • How might your conflicts of interest affect me, and how will you address them?

For additional information, please see www.jackson.com/legal-and-privacy.html#regulation-best-interest-disclosure

How do your financial professionals make money?

Our Annuity Support Unit Associates, who provide limited retail brokerage services, are registered financial professionals who facilitate the purchase of our products. We do not compensate our Annuity Support Associates through commissions. We compensate our Annuity Support Associates with a base salary and an annual discretionary bonus. The amount of the annual bonus is based on a percentage of the associate’s salary, varies by the associate’s title, and is tied to how well the associate performs his or her job.

Do you or your financial professionals have legal or disciplinary history?

No. Neither JNLD nor our financial professionals have legal or disciplinary history.

Visit Investor.gov/CRS and BrokerCheck for a free and simple search tool to research us and our financial professionals.

Conversation Starter. Ask your financial professional—

  • As a financial professional, do you have any disciplinary history? For what type of conduct?

Additional information

For additional information about our services, and our experts visit Jackson.comIf you would like additional, up-to-date information or a copy of this disclosure, please visit www.jackson.com/legal-and-privacy.html#regulation-best-interest-disclosure or call 1-877-565-2968.

Conversation Starter. Ask your financial professional—

  • Who is my primary contact person? Is he or she a representative of an investment adviser or a broker-dealer? Who can I talk to if I have concerns about how this person is treating me?

1Statements in this summary (including our obligation to act in your best interest when making a securities recommendation) (i) are required by SEC Form CRS, summary in nature and limited in substance and size by SEC Form CRS; (ii) relate only to our obligations under SEC Regulation Best Interest, (iii) do not create or modify any agreement, relationship or obligation between you and us or our financial professionals; and (iv) are subject to the more complete terms and conditions of our brokerage agreements and disclosures. 

Jackson National Life Distributors LLC
Regulation Best Interest Disclosure Document

Effective 16 November 2021

Jackson National Life Distributors (“we,” “our,” “us,” or “our firm”) provides this disclosure document (this “Regulation Best Interest Disclosure Document”) to you to ensure that you are informed about the services our firm offers and your relationship with our firm. Among other things, this Regulation Best Interest  Disclosure Document provides you with material facts relating to: (1) the scope and terms of our relationship with you, including: the capacity in which we and our financial professionals are acting, the type and scope of our services, material limitations on our services, and the material fees and costs of our products and  (2) conflicts of interest that exist for us and our financial professionals in connection with the recommendations we make to you.

You are encouraged to review this Regulation Best Interest Disclosure Document in detail and contact your financial professional with any questions you may have. If you would like another copy of this Regulation Best Interest Disclosure Document, please feel free to access and download it from our website at https://www.jackson.com/. You also may request another copy of this Regulation Best Interest Disclosure Document by contacting us at (800) 565-9044. 

Scope of our relationship with you

We are registered with the U.S. Securities and Exchange Commission (the “SEC”) as a broker-dealer. Our relationship with you is very limited and begins when your investment adviser representative refers you to JNLD or when an associate of Jackson National Life Insurance Company expresses interest in purchasing a Jackson annuity. In our capacity as an SEC-registered broker-dealer, we can offer you the broker-dealer services described below. When we act in our capacity as a broker-dealer, we are subject to the following:

  • The Securities Exchange Act of 1934 (the “Exchange Act”);
  • The rules of Financial Industry Regulatory Authority, Inc. (“FINRA”); and
  • Applicable state laws.

Before or at the time you enter into a broker-dealer relationship with us, you will receive our Form CRS which provides easy to understand information about the services we offer, fees and costs, conflicts of interest, and disciplinary history, among other information. Our Form CRS is available at https://www.jackson.com/. You may also request a copy of our Form CRS from our financial professionals or by contacting us at (800) 565-9044. Additionally, free and simple tools are available for you to research firms and financial professionals, including us and our financial professionals, at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing.

What investment services do we provide?

Broker dealer services

In our capacity as a SEC-registered broker-dealer, our financial professionals can recommend and execute securities transactions. Our relationship with you is limited and begins when your investment adviser representative refers you to JNLD. Our financial professionals will review your investment profile and may make a recommendation regarding a Jackson Life Insurance Company (“Jackson”) annuity if doing so is in your best interest.  If the client, you, wants the annuity, JNLD then serves as the broker-dealer of record and insurance agency for the transaction. 

Our basis for recommendations

Our financial professionals must have a reasonable basis to believe that each recommendation is in your best interest. Our financial professionals examine each security’s performance, risk, rewards, and other characteristics in light of your investment profile. Your investment profile includes age, financial situation and needs, tax status, investment objectives, investment experience, investment time horizon, liquidity, and other information that you may disclose to our financial professionals. We will consider the cost of the product, investment objectives, product characteristics, liquidity, volatility, market performance and reasonably available product alternatives that best suits your investment profile and goals. 

We also require our financial professionals to have a reasonable basis to believe that each recommendation made to you does not place our firm’s or our financial professional’s financial or other interests ahead of your interests.

Material limitations on our services

We have several material limitations on the type of services we provide and the scope of our services. The material limitations on our services are explained below: 

Proprietary products and services

Our recommendations are limited to products offered by Jackson.

If you purchase a variable annuity and invest in the available sub-accounts (“Funds”), these Funds are managed by Jackson’s asset management subsidiary, Jackson National Asset Management LLC (“JNAM”). JNAM is responsible for supervising, reviewing, and monitoring fund managers called “Investment Partners.” The Investment Partners implement investment objectives to the Funds of the variable annuity contracts. These Funds are a part of your variable annuity separate account, which will be discussed below.

If you choose to invest in the Funds within the variable annuity, your assets are held in a separate account. This separate account is segregated from the company’s general account but is still an accounting and reporting account held by Jackson. The separate account provides access to the Funds and Investment Partners mentioned above, in order to align with your risk tolerance and growth expectations. There is inherent risk associated with each Fund that may cause the variable annuity contract to lose value. 

Account monitoring

Our financial professionals do not monitor your broker-dealer account, the investments in your broker-dealer account (including those investments our financial professionals recommend for you), or their performance.  Our financial professionals do not monitor your variable annuity contract, nor any investment allocations made through it.                                       

Limitations of investments offered

We do not offer a wide range of investments. We only offer fixed index and variable annuities which means that our financial professionals are limited to recommending these two types of annuities. Additionally, we only offer the products and services offered by our affiliates, for example JNAM. 

Product offering

Each product has unique features, benefits, and charges. Fixed Indexed annuities are tax-deferred, and the returns are based on the performance of an underlying index. Variable annuities are a long-term, tax-deferred investment designed for retirement. Variable annuities have investment risk 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. Add-on living benefits are available for an extra charge in addition to the ongoing fees and expenses of the variable annuity. Ask your financial professional about add-on availability and the details.

The following are annuities available through Jackson’s Annuity Suite for its Independent Registered Investment Advisor channel offering

  1. Perspective Advisory II
  2. Jackson Retirement Investment Annuity 
  3. MarketProtector Advisory
  4. Jackson Market Link Pro Advisory

The following annuities are available through Jackson’s Annuity Suite for its employees:

  1. Perspective Advisory II
  2. Jackson Retirement Investment Annuity
  3. Jackson Retirement Investment Annuity NY 
  4. MarketProtector Advisory 
  5. Jackson Market Link Pro Advisory
  6. Elite Access Advisory II
  7. Elite Access Advisory II NY
  8. Perspective Advisory II NY
  9. Jackson RateProtector
  10. Jackson RateProtector NY

The prospectuses for the annuities listed above, can be found here: https://www.jackson.com/annuities.html1

Each product carries with it inherent risk. Please review each product to understand what inherent risks are associated with the product. Each product bears different material fees and costs. See below for more detailed information regarding each product’s fees and costs. Please note that the below listed material fees and costs are not the only charges that you may incur. If there is a difference in the figures within this form and those in the product prospectus or contract, the product prospectus will prevail. Some products have optional benefits which will raise the fees and costs you pay.  

1Capitalized terms are defined as outlined in the applicable product prospectus or product disclosure document.

Fees and costs

This section provides information about the material fees and costs that apply to our products. There are fees and costs associated with each one of our products regardless of whether you make or lose money on your investment. Fees and costs will reduce the value of your contract. Below is information about the products mentioned above and their respective material fees and costs. Some products may have optional benefits. For more details about any of the information given below or about the fees and costs associated with the optional benefits selections of each product view the product prospectus

Perspective Advisory II

 

 

FEES AND EXPENSES

Charges for Early Withdrawals

 

None.

Transaction Charges

 

You may be charged for certain transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds.

Ongoing Fees and Expenses

(annual charges)

The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected.  The fees and expenses disclosed below do not reflect any advisory fees paid to third party financial professionals from your Contract Value or other assets.  If such advisory fees were reflected, the fees and expenses disclosed below would be higher.

 

ANNUAL FEE

MINIMUM

MAXIMUM

 

1. Base Contract

0.46%1

0.46%1

 

2. Investment options (Fund fees and expenses)

0.26%2

1.81%2

 

3. Optional benefits available for an additional charge (for a single optional benefit, if elected)

0.20%3

1.75%3

 

Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges.


1
As a percentage of average daily account value of Investment Divisions.

2As a percentage of average Fund net assets.

3The minimum fee reflects an annualized percentage of Contract Value.  The maximum fee reflects an annualized percentage of the GWB.

 

LOWEST ANNUAL COST: $701

HIGHEST ANNUAL COST: $4,154

Assumes:

•  Hypothetical investment of $100,000

•  5% annual appreciation

•  Least expensive combination of Contract classes and Fund fees and expenses

•  No add-on benefits

•  No sales charges or advisory fees

•  No additional purchase payments, transfers or withdrawals

Assumes:

•  Hypothetical investment of $100,000

•  5% annual appreciation

•  Most expensive combination of Contract classes, add-on benefits, and Fund fees and expenses

•  No sales charges or advisory fees

•  No additional purchase payments, transfers or withdrawals

 

 

Transaction Expenses

 

Maximum Withdrawal Charge

 

None

Transfer Charge (per transfer after 25 in a Contract Year)

 

$25

Premium Taxes (Percentage of each Premium)1

Minimum

0%

Maximum

3.5%

Expedited Delivery Charge2

 

$22.50

Wire Transfers (for withdrawals)3

 

$25

 

1Premium taxes generally range from 0% to 3.5% and vary by state.

2Between Monday and Friday, the Exedited Delivery Charge is $10. On Saturday, the Exepedited Delivery Charge is $22.50.

3Standard wire fees are $20, international wire fees are $25.

Jackson Retirement Investment Annuity

 

FEES AND EXPENSES

Charges for Early Withdrawals

None.

Transaction Charges

 

In addition to the Core Contract Charge, you also may be charged for other transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds.

Ongoing Fees and Expenses

(annual charges)

The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected.  The fees and expenses disclosed below do not reflect any advisory fees paid to third party financial professionals from your Contract Value or other assets.  If such advisory fees were reflected, the fees and expenses disclosed below would be higher.

 

ANNUAL FEE

MINIMUM

MAXIMUM

 

1. Base Contract

0.41%1

0.41%1

 

2. Investment options (Fund fees and expenses)

0.20%2

1.81%2

 

3. Optional benefits available for an additional charge (for a single optional benefit, if elected)

0.20%3

0.75%3

 

Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges.



As a percentage of average daily account value of Investment Divisions.

2As a percentage of average Fund net assets.

3The minimum fee reflects an annualized percentage of Contract Value. The maximum fee reflects an annualized percentage of the GWB.

 

LOWEST ANNUAL COST: $597

HIGHEST ANNUAL COST: $2,753

Assumes:

•  Investment of $100,000

•  5% annual appreciation

•  Least expensive combination of Contract classes and Fund fees and expenses

•  No add-on benefits

•  No sales charges or advisory fees

•  No additional purchase payments, or transfers

Assumes:

•  Investment of $100,000

•  5% annual appreciation

•  Most expensive combination of Contract classes, add-on benefits, and Fund fees and expenses

•  No sales charges or advisory fees

•  No additional purchase payments, or transfers

 

Transaction Expenses

 

Maximum Withdrawal Charge

 

None

Transfer Charge (per transfer after 25 in a Contract Year)

 

$25

Premium Taxes (Percentage of each Premium)1

Minimum

0%

Maximum

3.5%

Expedited Delivery Charge2

 

$22.50

Wire Transfers (for withdrawals)3

 

$25

 

1Premium taxes generally range from 0% to 3.5% and vary by state.

2Between Monday and Friday, the Expedited Delivery Charge is $10. On Saturday, the Expedited Delivery Charge is $22.50.

3Standard wire fees are $20, international wire fees are $25.

 

MarketProtector Advisory

Maximum Issue Age

85

Maximum Maturity Age

95

Minimum Single Premium

$25,000

Minimum Subsequent Premium

$500 (Permitted in first contract year.)

Indexed Option Periods

5-, 7-, or 10-year periods. Please see your financial professional for options and availability.

Index(es)

Premiums may be allocated in index options offering growth potential or a fixed account option, which offers a competitive fixed interest rate regardless of market performance. Please see your financial professional for options and availability.

Index Interest Crediting Method(s)

Multiple crediting methods offer ways to calculate and lock in potential index-linked interest. You may select any method, or combination of, these methods and have flexibility to change selections and allocations penalty-free at the end of each Indexed Option Year. Please see  your financial professional for options and availability.

Guaranteed Minimum Value

87.5% of premium accumulated at never less than the contract’s guaranteed minimum interest rate (Guaranteed Minimum Value). Not subject to add-on benefit charges.

Market Value Adjustment

The Company applies an MVA to certain amounts withdrawn or annuitized. The MVA may result in an increase or decrease to amounts removed from your contract.

Cap(s)/Rate(s)

Caps and rates are guaranteed for each Indexed Option Year. Please see your financial professional for options and availability.

Free Withdrawals

Every contract year, you may withdraw up to 10% of the accumulated contract value, free of MVA.

Requirement Minimum Distribution

MarketProtector Advisory is required-minimum-distribution-friendly so qualified contracts may not be subject to MVA.

Add-on Lifetime Income Benefit

Add IncomeAccelerator® to receive a Lifetime CheckSM - Single life annual charge: 1.10%, Joint life annual charge: 1.25%

Please see your financial professional for options and availability.

Preselected Death Benefit

Before the income date, this allows you to select how the death benefit will be paid to your beneficiaries. Please see your financial professional for options and availability.



Jackson Retirement Investment Annuity NY

 

FEES AND EXPENSES

Charges for Early Withdrawals

None.

Transaction Charges

 

In addition to the Core Contract Charge, you also may be charged for other transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds.

Ongoing Fees and Expenses

(annual charges)

The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected. The fees and expenses disclosed below do not reflect any advisory fees paid to third party financial professionals from your Contract Value or other assets.  If such advisory fees were reflected, the fees and expenses disclosed below would be higher.

 

ANNUAL FEE

MINIMUM

MAXIMUM

 

1. Base Contract

0.41%1

0.41%1

 

2. Investment options (Fund fees and expenses)

0.20%2

1.81%2

 

3. Optional benefits available for an additional charge (for a single optional benefit, if elected)

0.20%3

0.20%3

 

Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges.

 

1As a percentage of average daily account value of Investment Divisions.

2As a percentage of average Fund net assets.

3The minimum and maximum fees reflect an annualized percentage of Contract Value. 

 

LOWEST ANNUAL COST: $597

HIGHEST ANNUAL COST: $2,177

Assumes:

•  Investment of $100,000

•  5% annual appreciation

•  Least expensive combination of Contract classes and Fund fees and expenses

•  No add-on benefits

•  No sales charges or advisory fees

•  No additional purchase payments, or transfers

Assumes:

•  Investment of $100,000

•  5% annual appreciation

•  Most expensive combination of Contract classes, add-on benefits, and Fund fees and expenses

•  No sales charges or advisory fees

•  No additional purchase payments, or transfers

 

Transaction Expenses

 

Maximum Withdrawal Charge

 

None

Transfer Charge (per transfer after 25 in a Contract Year)

 

$25

Premium Taxes (Percentage of each Premium)1

Minimum

0%

Maximum

2%

Expedited Delivery Charge2

 

$22.50

Wire Transfers (for withdrawals)3

 

$25

 

1Currently, Premium taxes do not apply.

2Between Monday and Friday, the Expedited Delivery Charge is $10. On Saturday, the Expedited Delivery Charge is $22.50.

3Standard wire fees are $20, international wire fees are $25.

 

Jackson Market Link Pro Advisory

Contract

Individual single premium deferred registered index-linked annuity contract

Minimum Premium

$25,000

Issue Ages

0 - 85

Contract Value

The sum of the Fixed Account Value and the Index Account Value.

Index Account Options

Each Index Account Option is defined by an Index, a Crediting Method, a Protection Option, and a Term length. The Crediting Method and Protection Option you choose define the parameters under which the positive or negative Index Adjustment will be credited.

Index Account Option Term

Terms currently available under the Contract are 1 and 6 years in length.

Index

The Indexes currently offered under the Contract are:

 

  • S&P 500 Index
  • Russell 2000 Index
  • MSCI EAFE Index
  • MSCI Emerging Markets Index
  • MSCI KLD 400 Social Index

Crediting Method

The Crediting Methods currently offered under the Contract are:

 

  • Cap
  • Performance Trigger

Protection Options

The Protection Options currently offered under the Contract are:

 

  • Buffer
  • Floor

Fixed Account

A Contract Option which provides a declared amount of interest over a stated period.

Interim Value

The daily value of your Index Account Option on any given Business Day prior to the end of an Index Account Option Term. The Interim Value is calculated using prorated Index Adjustment Factors based on the elapsed portion of the Index Account Option Term and the Interim Value Proration Factor.

Transfers

You may request a transfer to or from the Fixed Account and to or from the Index Account Options. You may also request transfers among the available Index Account Options. Transfers among Index Account Options or between Index Account Options and the Fixed Account are permissible only at the end of the Index Account Option Term or Fixed Account term. The effective date of such transfers is the first day of the Fixed Account term and/or an Index Account Option Term into which a transfer is made.

Access to Your Money

You may withdraw some or all of your money at any time prior to the Income Date. For any withdrawal from an Index Account Option, an Interim Value adjustment as of the date of the withdrawal will apply and may substantially reduce your Index Account Option Value. In addition, a withdrawal taken in excess of the MVA Free Withdrawal amount may be subject to a Market Value Adjustment.

Market Value Adjustment

A positive or negative adjustment applied to withdrawals from Index Account Options in excess of the MVA Free Withdrawal amount.

 

Market Value Adjustments apply during the first six years of the Contract.

For more information about Market Value Adjustments, including details about certain withdrawals that are exempt from Market Value Adjustments, please see the subsection titled “Market Value Adjustment" in the section titled "Index Account" on page 15.

Death Benefit

For Owners 75 or younger at the Issue Date of the Contract, the standard death benefit (known as the Return of Premium death benefit) is the greater of the Contract Value or the Premium you paid into the Contract (reduced proportionately by the percentage reduction in the Index Account Option Value and the Fixed Account Value for each partial withdrawal (including any applicable Market Value Adjustment)).

 

For Owners age 76 or older at the Issue Date of the Contract, the standard death benefit is the Contract Value.

Income Options

You can choose to begin taking income from your Contract at any time, but all of the Contract Value must be annuitized. Market Value Adjustments will apply if you begin taking income in the first six years, and we will use your Interim Value (if you begin taking income on any day other than the Index Account Option Term Anniversary) to calculate your income payments. You may choose from the following annuitization options:

 

  • Life Income
  • Joint Life and Survivor Income
  • Life Income with Guaranteed Payments for 10 Years or 20 Years
  • Life Income for a Specified Period

 

Once an income option has been selected, and payments begin, the income option may not be changed. No withdrawals will be permitted once the contract is in the income phase.  For more information about income options, please see the section titled "Income Options" on page 24.

Charges and Expenses

You will bear the following charges and expenses:

 

  • Premium and Other Taxes.

Free Look Provision

You may cancel the Contract within a certain time period after receiving it by returning the Contract to us or to the financial professional who sold it to you. This is known as a “Free Look.” We will return either your Premium Payment or Contract Value, depending on your state, and we will not deduct any fees or charges.

Elite Access Advisory II

 

 

FEES AND EXPENSES

Charges for Early Withdrawals

None.

Transaction Charges

 

You may be charged for certain transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds.

Ongoing Fees and Expenses

(annual charges)

The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected. The fees and expenses disclosed below do not reflect any advisory fees paid to third party financial professionals from your Contract Value or other assets.  If such advisory fees were reflected, the fees and expenses disclosed below would be higher.

 

ANNUAL FEE

MINIMUM

MAXIMUM

 

1. Base Contract

0.11% 1

0.11% 1

 

2. Investment options (Fund fees and expenses)

0.53%2

2.16%2

 

3. Optional benefits available for an additional charge (for a single optional benefit, if elected)

0.20%3

0.20%3

 

Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges.

 

1.Charge is assessed as a $240 annual charge during the accumulation phase only and is deducted on each Contract Monthly Anniversary.

2As a percentage of average Fund net assets.

3The minimum and maximum fees reflect an annualized percentage of Contract Value.

 

LOWEST ANNUAL COST: $626

HIGHEST ANNUAL COST: $2,217

Assumes:

• Hypothetical investment of $100,000

• 5% annual appreciation

• Least expensive combination of  Fund fees and expenses

• No add-on benefits

• No sales charges or advisory fees

• No additional purchase payments, or transfers

Assumes:

• Hypothetical investment of $100,000

• 5% annual appreciation

• Most expensive combination of add-on benefits, and Fund fees and expenses

• No sales charges or advisory fees

• No additional purchase payments, or transfers

 

Transaction Expenses

 

Maximum Withdrawal Charge

 

None

Transfer Charge (per transfer after 25 in a Contract Year)

 

$25

Premium Taxes (Percentage of each Premium)1

Minimum

0%

Maximum

3.5%

Expedited Delivery Charge2

 

$22.50

Wire Transfers (for withdrawals)3

 

$25

 


1Premium taxes generally range from 0% to 3.5% and vary by state.

2Between Monday and Friday, the Expedited Delivery Charge is $10. On Saturday, the Expedited Delivery Charge is $22.50.

3Standard wire fees are $20, international wire fees are $25.

Elite Access Advisory II NY

 

 

FEES AND EXPENSES

Charges for Early Withdrawals

None.

Transaction Charges

 

In addition to a monthly contract charge of $20 a month during the accumulation phase, you also may be charged for other transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds.

Ongoing Fees and Expenses

(annual charges)

The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected. The fees and expenses disclosed below do not reflect any advisory fees paid to third party financial professionals from your Contract Value or other assets.  If such advisory fees were reflected, the fees and expenses disclosed below would be higher.

 

ANNUAL FEE

MINIMUM

MAXIMUM

 

1. Base Contract

0.11% 1

0.11% 1

 

2. Investment options (Fund fees and expenses)

0.53%2

2.16%2

 

3. Optional benefits available for an additional charge (for a single optional benefit, if elected)

0.20%3

0.20%3

 

Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges.

 

1Charge is assessed during the accumulation phase only and is deducted on each Contract Monthly Anniversary.

2As a percentage of average Fund net assets.

3The minimum and maximum fees reflect an annualized percentage of Contract Value.

 

LOWEST ANNUAL COST: $626

HIGHEST ANNUAL COST: $2,217

Assumes:

• Hypothetical investment of $100,000

• 5% annual appreciation

• Least expensive combination of Fund fees and expenses

• No add-on benefits

• No sales charges or advisory fees

• No additional purchase payments, or transfers

Assumes:

• Hypothetical investment of $100,000

• 5% annual appreciation

• Most expensive combination of add-on benefits, and Fund fees and expenses

• No sales charges or advisory fees

• No additional purchase payments, or transfers

 

Transaction Expenses

 

Maximum Withdrawal Charge

 

None

Transfer Charge (per transfer after 25 in a Contract Year)

 

$25

Premium Taxes (Percentage of each Premium)1

Minimum

0%

Maximum

2.0%

Expedited Delivery Charge2

 

$22.50

Wire Transfers (for withdrawals)

 

$25.00

 

1Currently, Premium taxes do not apply.

2Between Monday and Friday, the Expedited Delivery Charge is $10. On Saturday, the Expedited Delivery Charge is $22.50. 

Perspective Advisory II NY

 

 

FEES AND EXPENSES

Charges for Early Withdrawals

 

None.

Transaction Charges

 

You may be charged for other transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds.

Ongoing Fees and Expenses

(annual charges)

The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected. The fees and expenses disclosed below do not reflect any advisory fees paid to third party financial professionals from your Contract Value or other assets.  If such advisory fees were reflected, the fees and expenses disclosed below would be higher.

 

ANNUAL FEE

MINIMUM

MAXIMUM

 

1. Base Contract

0.46%1

0.46%1

 

2. Investment options (Fund fees and expenses)

0.26%2

1.81%2

 

3. Optional benefits available for an additional charge (for a single add-on benefit, if elected)

0.20%3

1.80%3

 

Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges.

 

1As a percentage of average daily account value of Investment Divisions.

2As a percentage of average Fund net assets.

3The minimum fee reflects an annualized percentage of the GMDB Benefit Base.  The maximum fee reflects an annualized percentage of the GWB.

 

LOWEST ANNUAL COST: $701

HIGHEST ANNUAL COST: $3,688

Assumes:

•  Hypothetical investment of $100,000

•  5% annual appreciation

•  Least expensive combination of Contract classes and Fund fees and expenses

•  No add-on benefits

•  No sales charges or advisory fees

•  No additional purchase payments, transfers or withdrawals

Assumes:

•  Hypothetical investment of $100,000

•  5% annual appreciation

•  Most expensive combination of Contract classes, add-on benefits, and Fund fees and expenses

•  No sales charges or advisory fees

•  No additional purchase payments, transfers or withdrawals

 

Transaction Expenses

 

Maximum Withdrawal Charge

 

None

Transfer Charge (per transfer after 25 in a Contract Year)

 

$25

Premium Taxes (Percentage of each Premium)1

Minimum

0%

Maximum

2.0%

Expedited Delivery Charge2

 

$22.50

Wire Transfers (for withdrawals)3

 

$25

 


1Currently, Premium taxes do not apply.

2Between Monday and Friday, the Expedited Delivery Charge is $10. On Saturday, the Expedited Delivery Charge is $22.50.

3Standard wire fees are $20, international wire fees are $25.

Jackson RateProtector

 

Product Features

Minimum Premium

$10,000 (nonqualified and qualified. More than $1,000,000 is subject to Company approval. Subsequent premiums not allowed.

Maximum Issue Age

Up to age 85.

Interest Rate Guarantees2

3-, 5-, or 7-year options initial interest rate applies until the end of the initial Guaranteed Option Period. Following the initial Guaranteed Option Period, renewal interest rates will be guaranteed for one-year periods.

Withdrawal Charges3

Completed years since receipt of Premium

0

1

2

3

4

5

6

7+

3-Year Option

8%

8%

7%

0%

0%

0%

0%

0%

5-Year Option

8%

8%

7%

6%

5%

0%

0%

0%

7-YearOption

8%

8%

7%

6%

5%

4%

3%

0%

Withdrawal charges as a percentage of premium and interest credited on such premium.

Free Withdrawals3,4

Every contract year, you may withdraw up to 10% of the accumulated contract value, free of withdrawal charges and Market Value Adjustment.

Market Value Adjustment (MVA)5

The Company applies an MVA to certain amounts withdrawn or annuitized. The MVA may result in an increase or decrease to amounts removed from your contract.

Terminal Illness Waiver6

Effective on the first Contract Anniversary, if you (or a joint owner) are diagnosed with a medical condition expected to result in death within 12 months, you may withdraw (one time only) up to 100% of your accumulated contract value subject to a maximum withdrawal of $250,000, without incurring a withdrawal charge. State variations may apply.

Extended Care Waiver7

Effective on the first Contract Anniversary, if you (or a joint owner) are by medical necessity confined to nursing home or hospital for 90 consecutive days, you may withdraw (one time only) up to 100% of the accumulated contract value subject to a maximum withdrawal of $250,000, without incurring a withdrawal charge. State variations may apply.

Preselected Death Benefit8

Before the income date, allows you to select how the death benefit will be paid to your beneficiaries. Available on nonqualified and IRA contracts only. State variations may apply.

Death Benefit Prior to the Income Date

Accumulated contract value. State variations may apply.

Higher Interest Crediting9

Subject to certain limitations and restrictions, a higher interest rate may be credited to premium of $100,000 or greater.

Qualified Plans1

Yes. IRA transfers, rollovers, Keogh, SEP-IRA, 401(k), 403(b), pension, and profit sharing.

RMD-Friendly?10

Yes, Jackson RateProtector is required-minimum-distribution friendly so qualified contracts may not be subject to withdrawal charges or MVA.

 

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 not be available if the annuity is owned by a “non-natural person” such as a corporation or certain types of trusts.

2The Guaranteed Option Rate is the interest rate that is credited to the contract on an annual basis. The initial Guaranteed Option Rate is fixed and will not change for the initial Guaranteed Option Period. At the end of the initial Guaranteed Option Period, the funds will automatically renew into a 1-yYear Guaranteed Option Period on an annual basis. The initial Guaranteed Minimum Interest Rate (GMIR) is determined when the contract is issued and guaranteed for the initial Guaranteed Period. The GMIR may range from a minimum of 1% to 3% annually. The guaranteed Option Rate and GMIR will be re-determined for each 1-Year Guaranteed Option Period following the expiration of the initial Guaranteed Option Period.

3During the first Contract Year, 10% of the premiums paid may be taken free of Withdrawal Charges and MVA. In subsequent years, 10% of the Accumulation Value determined at the beginning of the Contract Year may be taken free of Withdrawal Charges and MVA. If a requested partial withdrawal plus the sum of all prior withdrawals within a Contract Year exceeds the greater of the 10% of the Accumulation Value (determined at the beginning of the Contract Year), the amount of the partial withdrawal requested in excess of the free amount will be subject to Withdrawal Charges and MVA. Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn before age 59 ½.

4During the initial Guaranteed Option Period, the Withdrawal Value for a Total Withdrawal from the Contract is equal to the Accumulation Value less any applicable Withdrawal Charge, and the adjusted for any applicable MVA. In no event will a Total Withdrawal during the initial Guaranteed Option Period be less than 87.5% of the Premium, net of applicable taxes, reduced by partial withdrawals (after being reduced for any applicable Withdrawal Charges and then adjusted for any applicable MVAs), accumulated at the initial Guaranteed Minimum Interest Rate (GMIR). After the expiration of the initial Guaranteed Option Period, no withdrawal charge or MVA will apply.

5The MVA will be calculated by multiplying the amount removed from a Guaranteed Option Period by the result of the formula listed in the contract pages. The Accumulation Value is equal to the total premium, plus interest credited daily at never less than the applicable GMIR guaranteed for the contract per annum, less any gross partial withdrawals.

6Effective on the first Contract Anniversary, if you or your joint owner is diagnosed with a terminal illness, you may access up to 100% of your Accumulation Value free of withdrawal charges. The Terminal Illness Waiver is subject to a maximum of $250,000 for all company contracts. State variations may apply. Market Value Adjustment may apply to amounts withdrawn.

7Effective on the first Contract Anniversary, if you or your joint owner is confined to a nursing home or hospital for 90 consecutive days by medical necessity, you may access up to 100% of the Accumulation Value free of withdrawal charges. The Extended Care Waiver is subject to a maximum of $250,000 for all company contracts. The Company reserves the right to require proof of confinement. State variations may apply. Not available in Massachusetts. Market Value Adjustment may apply to amounts withdrawn.

8Preselected death benefit election available prior to the income date for nonqualified and IRA contracts only.

9Subject to certain limitations and restrictions. A higher interest rate may be credited to premium of $100,000 or greater. Withdrawals requested in accordance with RMD requirements will be free of Withdrawal Charges and MVAs. However, if the Owner requests an amount greater than the RMD for their Contract, the amount withdrawn in excess of the RMD will be subject to Withdrawal Charges and MVA.

10Withdrawals requested in accordance with RMD requirements will be free of Withdrawal Charges and MVAs. However, if the Owner requests an amount greater than the RMD for their Contract, the amount withdrawn in excess of the RMD will be subject to Withdrawal Charges and MVA.

Jackson RateProtector NY

 

Product Features

Minimum Premium

$10,000 (nonqualified and qualified. More than $1,000,000 is subject to Company approval. Subsequent premiums not allowed.

Maximum Issue Age

Up to age 85.

Interest Rate Guarantees2

3-, 5-, or 7-year options initial interest rate applies until the end of the initial Guaranteed Option Period. Following the initial Guaranteed Option Period, renewal interest rates will be guaranteed for one-year periods.

Withdrawal Charges3

Completed years since receipt of Premium

0

1

2

3

4

5

6

7+

3-Year Option

7%

6%

5%

0%

0%

0%

0%

0%

5-Year Option

7%

6%

5%

4%

3%

0%

0%

0%

7-YearOption

7%

6%

5%

4%

3%

2%

1%

0%

Withdrawal charges as a percentage of premium and interest credited on such premium.

Free Withdrawals3,4

Every contract year, you may withdraw up to 10% of the accumulated contract value, free of withdrawal charges and Market Value Adjustment.

Market Value Adjustment (MVA)5

The Company applies an MVA to certain amounts withdrawn or annuitized. The MVA may result in an increase or decrease to amounts removed from your contract.

Extended Care Waiver6

Effective on the first Contract Anniversary, if you (or a joint owner) are by medical necessity confined to nursing home or hospital for 90 consecutive days, you may withdraw (one time only) up to 100% of the accumulated contract value subject to a maximum withdrawal of $250,000, without incurring a withdrawal charge. State variations may apply.

Preselected Death Benefit7

Before the income date, allows you to select how the death benefit will be paid to your beneficiaries. Available on nonqualified and IRA contracts only. State variations may apply.

Death Benefit Prior to the Income Date

Accumulated contract value. State variations may apply.

Higher Interest Crediting8

Subject to certain limitations and restrictions, a higher interest rate may be credited to premium of $100,000 or greater.

Qualified Plans1

Yes. IRA transfers, rollovers, Keogh, SEP-IRA, 401(k), 403(b), pension, and profit sharing.

RMD-Friendly?9

Yes, Jackson RateProtector is required-minimum-distribution friendly so qualified contracts may not be subject to withdrawal charges or MVA.

 

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 not be available if the annuity is owned by a legal entity such as a corporation or certain types of trusts.

2The Guaranteed Option Rate is the interest rate that is credited to the contract on an annual basis. The initial Guaranteed Option Rate is fixed and will not change for the initial Guaranteed Option Period. At the end of the initial Guaranteed Option Period, the funds will automatically renew into a 1-yYear Guaranteed Option Period on an annual basis. The initial Guaranteed Minimum Interest Rate (GMIR) is determined when the contract is issued and guaranteed for the initial Guaranteed Period. The GMIR may range from a minimum of 1% to 3% annually. The guaranteed Option Rate and GMIR will be re-determined for each 1-Year Guaranteed Option Period following the expiration of the initial Guaranteed Option Period.

3During the first Contract Year, 10% of the premiums paid may be taken free of Withdrawal Charges and MVA. In subsequent years, 10% of the Accumulation Value determined at the beginning of the Contract Year may be taken free of Withdrawal Charges and MVA. If a requested partial withdrawal plus the sum of all prior withdrawals within a Contract Year exceeds the greater of the 10% of the Accumulation Value (determined at the beginning of the Contract Year), the amount of the partial withdrawal requested in excess of the free amount will be subject to Withdrawal Charges and MVA. Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn before age 59 ½.

4During the initial Guaranteed Option Period, the Withdrawal Value for a Total Withdrawal from the Contract is equal to 100% of your premium payment (less any prior withdrawals and applicable charges), accumulated at the initial GMIR. After the expiration of the initial Guaranteed Option Period, no withdrawal charge or MVA will apply.

5The MVA will be calculated by multiplying the amount removed from a Guaranteed Option Period by the result of the formula listed in the contract pages. The Accumulation Value is equal to the total premium, plus interest credited daily at never less than the applicable GMIR guaranteed for the contract per annum, less any gross partial withdrawals.

6Effective on the first Contract Anniversary, if you or your joint owner is confined to a nursing home or hospital for 90 consecutive days by medical necessity, you may access up to 100% of the Accumulation Value free of withdrawal charges. The Extended Care Waiver is subject to a maximum of $250,000 for all company contracts. The Company reserves the right to require proof of confinement. State variations may apply. MVA may apply to amounts withdrawn.

7Preselected death benefit election available prior to the income date for nonqualified and IRA contracts only.

8Subject to certain limitations and restrictions. A higher interest rate may be credited to premium of $100,000 or greater.

9Withdrawals requested in accordance with RMD requirements will be free of Withdrawal Charges and MVAs. However, if the Owner requests an amount greater than the RMD for their Contract, the amount withdrawn in excess of the RMD will be subject to Withdrawal Charges and MVA.

Conflicts of interest

We have identified conflicts of interest (“conflicts”) that relate to our relationship with you and the services we provide. A conflict is an economic or non-economic benefit that has the potential to incentivize us or our financial professional to put our interest or the financial professionals’ interest above your interests. We will disclose and attempt to mitigate these conflicts of interest to ensure that your best interests and invest objectives are met. The following three potential conflicts of interest are the most relevant and impactful to our customers.

Conflicts for both our firm and our financial professionals

Product/Asset Management: We sell Jackson products for which JNAM is the advisor. JNAM also serves as the administrator for some sub-accounts. We have the same parent company, Prudential plc, as JNAM. This mutual relationship between the firms could influence us or our financial professionals to put greater emphasis on subaccounts advised by an affiliated company.

Conflicts for our financial professionals

Outside business activities: Some of our financial professionals engage in business activity outside the scope of their relationship with us. If your financial professional engages in an outside business activity, the activity may take away from, or in instances compromise, their responsibility to you. You may research any outside business activities your financial professional may have on FINRA’s BrokerCheck website at https://brokercheck.finra.org/.

Conflicts for our firm alone

Proprietary products: We only offer products and services issued by Jackson. Similar products from other carriers are not considered as part of our recommendation. In addition, Jackson or its affiliates may be paid a fee on these products, and JNLD wholesalers (such as the individuals who market Jackson’s services to registered investment advisers) may be paid based on the sale of Jackson products.  These fees are not paid by you and the individuals who may recommend Jackson products are not paid sales-based compensation.

Additional information

Firm disclosures and our financial professionals can be found on BrokerCheck. For even more information about our financial professionals, customers may also visit: https://www.investor.gov/CRS.

All of Jackson’s entities’ forms and filings with the Securities and Exchange Commission can be found through searching “Jackson National” on SEC.gov.

 

Appendix A funds available for Jackson variable annuity products

  Elite Access Family Perspective Family Retirement Latitudes Jackson Advantage (New Version) Perspective Advisory II / Jackson Private Weath Jackson Retirement Investment Annuity Fifth Third Defined Strategies VA JNL Advisors, JNY Advisors, Advantage (Old Version) Curianguard SRA VUL NY VUL
Fund Count (including closed and walled) 114 119 99 96 119 110 119 12 119 3 62 39
Fund Count (excluding closed and walled) 114 119 96 96 119 110 119 12 119 3 62 38
                         
Gross Expense Max 2.16% 2.16% 2.16% 2.16% 1.81% 1.81% 2.16% 0.76% 2.16% 1.21% 1.81% 0.92%
Gross Expense Min 0.53% 0.53% 0.53% 0.53% 0.26% 0.20% 0.53% 0.56% 0.53% 1.17% 0.23% 0.23%
Average Expense (Gross) 0.97% 0.97% 1.00% 1.00% 0.67% 0.67% 0.97% 0.66% 0.97% 1.19% 0.65% 0.52%
                         
Net Expense Max 2.16% 2.16% 2.16% 2.16% 1.81% 1.81% 2.16% 0.69% 2.16% 1.21% 0.99% 0.79%
Net Expense Min 0.15% 0.15% 0.15% 0.15% 0.10% 0.07% 0.15% 0.15% 0.15% 1.17% 0.15% 0.15%
Average Expense (Net) 0.91% 0.92% 0.93% 0.93% 0.61% 0.60% 0.92% 0.60% 0.92% 1.19% 0.56% 0.47%
                         
Morningstar Category Sum 53 52 39 39 52 50 51 10 51 2 40 29
                         
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Additional information

These Privacy Practices are effective as of January 1, 2014. We reserve the right to modify this statement at any time and will post the current privacy statement incorporating those changes on this page. Changes to this statement are effective as of the date they are posted.

Confidentiality provisions for victims of domestic violence

New York Insurance Law section 2612 prohibits any insurer from discriminating against an individual who has been a victim of domestic violence. Any individual or an individual under the care of another who has a policy with Jackson National Life Insurance Company of New York and is a victim of domestic violence and has obtained a valid order of protection against the policy or contract owner may contact us to provide an alternative address and/or telephone number.

To request confidentiality in accordance with the provisions of this regulation, please send us the order of protection against the policy or contract owner and complete the appropriate form:

  • For policies issued by Jackson National Life and Brooke Life Insurance Company, please use form X2612, which is available by searching for this form number in the Forms Search utility.
  • For policies issued by Jackson National Life Insurance Company of New York, please use form N2612, which is available by searching for this form number in the Forms Search utility.
  • For policies issued by Security Life of Denver (ING/Voya), please use form SLD2612, which is available by searching for this form number in the Forms Search utility.

 

Please send the completed form, along with the order of protection, to the following address:

Jackson National Life Insurance Company of NY
Attention Policy Owner Services
PO Box 30900
Lansing, MI 48909-8400

 

If you have any questions or need to revoke the existing request, please contact us.

If you are a victim of domestic violence, you may contact the New York State Domestic and Sexual Violence Hotline at (800) 942-6906.

Jackson® is the marketing name for Jackson Financial Inc., Jackson National Life Insurance Company® (Home Office: Lansing, Michigan), and Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York).