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Immediate Annuity

Product Details

Contract Specifications

Ages and Amounts:
  • Issue ages: 5-115
  • Minimum initial premium: $5,000
Immediate Annuity Highlights:
  • Payments begin within one year
  • Income Escalator® option can help protect you from inflation (3% annual increasing payment option)
  • Policy fee of $250 waived on premiums of $15,000 or more (not applicable in all states)
  • Flexibility to select payout options and features
Payout Options
  • Monthly, quarterly, semiannual or annual payment schedules
  • Guaranteed income benefits for life, or any time period you select between 5 and 60 years (subject to availability and age restrictions)
  • Income options include: Life Income, Life with Period Certain, Life with Installment Refund, Life with Cash Refund, Joint Life and Survivor, Joint Life and Specified Survivor, Joint Life and Survivor with Period Certain, Period Certain, Benefit Certain and Five Year Interest Only
  • Single or joint life income options
  • A death benefit may be available, depending on the income option selected

Guarantees are backed by the claims paying ability of Jackson National Life Insurance Company® or Jackson National Life Insurance Company of New York®.

Understanding Annuities
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Examine the potential benefits of fixed annuities (FAs) as part of a balanced, long-term portfolio plan.

Build a Foundation
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Partner with a professional to help pursue your long-term financial goals.

Jackson Single Premium Immediate Annuity (IA300) is issued by Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and in New York (IAL-NY 2/99) by Jackson National Life Insurance Company of New York (Home Office: Purchase, New York). State variations may apply. This contract has limitations and restrictions. Jackson issues other annuities with similar features, benefits, limitations and charges. 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®.

• Not FDIC/NCUA insured • Not bank/CU guaranteed • May lose value •
Not a deposit • Not insured by any federal agency

CMF16066PD 02/19

© 2019. All rights reserved
Jackson National Life Insurance Company
1 Corporate Way
Lansing, MI 48951