Identify the impact annuities could have on your clients’ retirement plans. Our alliances with industry-leading wealth-management technology providers can help with the aggregation of annuities and other investments in your portfolio-management and financial-planning tools.
What is an Annuity?
Annuities are long-term, tax-deferred vehicles designed for retirement. Variable annuities involve investment risks and may lose value. Earnings are taxable as ordinary income when distributed. Individuals may be subject to a 10% additional tax for withdrawals before age 59½ unless an exception to the tax is met.
Identifying the gaps in your projected retirement income can allow you to make the necessary changes before leaving the workforce for good. Our Retirement Expense and Income Calculator detects those areas that need improvement by assessing your current and future expenses, along with a proposed solution based on any retirement income gaps.
Taxes can have a significant effect on portfolio performance, reducing gains and slowing wealth accumulation. Jackson worked with LifeYield to bring you a complimentary Taxficient® Quick Proposal, which is designed to help you illustrate the importance of asset location and quantify how it might enhance a client’s portfolio.
It can be difficult for clients to articulate what they really want from retirement, making it harder for you to help them get there. Our assessment tools offer everything you need to kickstart a more meaningful conversation—and it’s all in one place.
Jackson offers support to help you assess if annuities are a good fit for your clients with the planning software you use every day.
eMoney features planning solutions that run the gamut from simple to sophisticated, depending on your clients' needs. You can also track client behavior to enhance your planning services.
Envestnet MoneyGuide gives you intuitive, interactive, visually compelling tools to help your clients view their financial future. They offer MoneyGuidePro® and MoneyGuideOne.
LifeYield specializes in helping clients maximize tax efficiency. Evaluate the tax drag of different investments and actively control the location of those assets among taxable, tax-free and tax-deferred* accounts.
Riskalyze, as the name implies, develops software that helps you set clear expectations with clients, more accurately gauge their risk tolerance, and build a portfolio with the right amount of risk.
RightCapital's financial planning solution allows you to simplify the planning process and differentiate the service you offer clients with easy-to-use tools and analysis.
There are several factors to consider when claiming benefits. To be eligible for benefits, individuals must have earned 40 calendar quarters of wages that were subject to Social Security tax. The amount of benefits received at full retirement age is based on the average of the 35 highest years of earnings.
Efficiently transferring assets to the next generation—or even two or three generations—is a complicated task. It is made more so by the potential bite of state and federal estate taxes. Exploring planning options to avoid those taxes, transactional costs, and fees is well worth the time and effort.
You can connect with our dedicated consultants in many ways. Send us a note and we will get back to you within 24 hours, or contact us at: (800) 711-7397.
Or view our coverage map to connect with a specific consultant.
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*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 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.
Jackson, its distributors, and their respective representatives do not provide tax, accounting, or legal advice. Any tax statements contained herein were not intended or written to be used and cannot be used for the purpose of avoiding U.S. federal, state, or local tax penalties. Tax laws are complicated and subject to change. Tax results may depend on each taxpayer’s individual set of facts and circumstances. Clients should rely on their own independent advisors as to any tax, accounting, or legal statements made herein.
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 Financial Inc., Jackson National Life Insurance Company®, and Jackson National Life Insurance Company of New York®.