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Jackson Private WealthSM

Introduction

The Advantages of Investment Only Tax-Deferred* Annuities in Trusts. Income taxes for trusts and high net worth clients can cause fiduciaries to make sub-optimal investment and management decisions. And commonly used tax management strategies can result in additional challenges.

In response to this fiduciary dilemma, Jackson® created Jackson Private Wealth, an Investment Only Tax Deferred Annuity (TDA), developed specifically for trusts.

*Tax 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.


What is a Variable Annuity? Variable annuities are long-term, tax-deferred investments, involve investment 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 Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn before age 59½.

The Power of Jackson Private Wealth

Jackson Private Wealth (JPW) is an Investment Only Variable Annuity specifically designed and priced for private banks. This product may help alleviate confiscatory tax rates, particularly in trusts. Irrevocable trusts are subject to the highest tax rate at only $12,500 of retained earned income. This low tax threshold creates a fiduciary dilemma for the trustee as they seek to mitigate this tax drag often at the cost of longer term trust growth. JPW is a variable annuity investment platform that allows assets to grow tax deferred*. This platform allows the trustee to control income distributions while allowing the Portfolio Manager (PM) the freedom and flexibility to manage for longer term growth.

2017 Single Filer and Trust Tax Rates

1 H.R.1 2017 Tax Cuts and Jobs Acts, December 15, 2017.

Tax Deferred Growth
  • Allows for compounding tax deferred growth over multiple generations
  • Takes advantage of an asset location strategy enhancing portfolio tax alpha
  • Expands the utilization of less tax efficient strategies
  • Allows active asset allocation and investment manager changes without short term tax consequences
Income and Tax Control
  • Traditional planning approach may distribute unnecessary income to avoid high trust tax rates
  • JPW provides the power to distribute income only when needed thereby keeping more assets in the trust
  • Unlike other investment vehicles, JPW has no forced income and capital gains distribution
Robust Investment Platform
  • Suite of institutionally priced investment offerings across a broad range of asset classes and investment styles
  • Breadth and depth of investment offerings designed to fulfill the range of your clients' unique Investment Policy Statement (IPS) needs
  • Investment offerings include recognized industry leaders, boutique niche firms, and lower cost passive investment options
  • More than 140 variable annuity subaccount offerings, a number of which are exclusive to Jackson
Institutionally Priced
  • Eliminates commissions, surrender charges, and 12(b)-1 fees found in most variable annuities
  • A fee-based advisory product that can be used in trust and agency accounts
  • Core Contract Charge is 0.30% annually (increases to 0.35% if the contract value at the later of issue or latest quarterly contract anniversary is less than to $1 million)

Select up to 99 investments and adjust options or allocations up to 25 times each contract year without transfer fees. To prevent abusive trading practices, Jackson restricts the frequency of transfers among variable investment options.

Planning Calculators
Calculator with pen and pie chart

Use these calculators to help you create a retirement plan that suits your long-term goals.

Understanding Annuities
Cup of coffee with pen and bar graphs

Examine the potential benefits of variable annuities (VAs) as part of a balanced, long-term portfolio plan.

Build a Foundation
Pillars

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

Before investing, investors should carefully consider the investment objectives, risks, charges and expenses of the variable annuity and its underlying investment options. The current contract prospectus and underlying fund prospectuses, which are contained in the same document, provide this and other important information. Please contact your representative or the Company to obtain the prospectuses. Please read the prospectuses carefully before investing or sending money.

Guarantees are backed by the claims-paying ability of Jackson National Life Insurance Company® and do not apply to the principal amount or investment performance of a variable annuity's separate account or its underlying investments.

The latest income date allowed is age 95, which is the required age to annuitize or take a lump sum. Please see the prospectus for important information regarding the annuitization of a contract.

The standard death benefit is equal to the contract value on the date of the claim and does not include any additional guarantees. An add-on death benefit is available for an additional fee. Death benefits terminate if contract value falls to zero and upon spousal continuation.

In certain states, we reserve the right to refuse any subsequent premium payments.

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

Jackson neither encourages nor condones unnecessary replacements or replacements that are not in the best interest of the customer.

Jackson Private Wealth Variable and Fixed Annuity (VA790, ICC17 VA790, VA790-T1, ICC17 VA790-T1) is issued by Jackson National Life Insurance Company® (Home Office: Lansing, Michigan). Distributed by Jackson National Life Distributors LLC, member FINRA. This product 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®.

Firm and state variations may apply.

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

CMV18831I 06/19

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