Jackson Income Assurance 7
Jackson National Life
4.5%
Best Cap
10%
Free W/D
50
States
Jackson Income Assurance Suite is a fixed index annuity designed to provide guaranteed lifetime retirement income while protecting your savings from market losses and offering tax-deferred growth. It's ideal for retirees seeking reliable income with downside protection.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$25,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| S&P 500 Index | Annual | 4.5% | 100% | -- |
| Fixed Account | Daily | -- | -- | 2.65% |
Key Features
Guaranteed Annual Withdrawal Amount Percentage (GAWA%)
Increases annually until income beginsYour starting income percentage is based on your age at issue. This percentage grows each year you don't take income, so delaying income increases your annual payments.
Downside Protection
0% minimum floor on returnsYour principal and credited interest are protected from market losses. You don't directly invest in markets, so you avoid equity market risk.
Index-Linked Growth
Varies by crediting method selectedInterest is credited based on the performance of a selected index (like the S&P 500) using caps or rates that determine maximum returns you can earn.
Tax Deferral
Example: $100k grows to $466k tax-deferred vs. $284k in taxable account over 20 yearsGrowth compounds tax-deferred, meaning you don't pay taxes on earnings until you withdraw. This can significantly accelerate account growth over time.
Lifetime Income Guarantee
Guaranteed for lifePayments continue for your entire life, regardless of market conditions or how long you live, backed by Jackson National Life Insurance Company.
Highlights
Guaranteed lifetime income that grows the longer you wait to claim it
Protection from market losses while maintaining growth potential through index-linked returns
Tax-deferred growth that can significantly accelerate your retirement savings
Embedded living benefit included for guaranteed income—no separate purchase required
Capital preservation ensures your principal is protected even during market downturns
Surrender Schedule
Yr 1
9%
Yr 2
8.25%
Yr 3
7.25%
Yr 4
6.5%
Yr 5
5.5%
Yr 6
4.5%
Yr 7
3.75%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Retirees and pre-retirees aged 50-80 seeking guaranteed lifetime income with protection from market losses and tax-deferred growth potential.
Consider Alternatives If
Investors who need immediate access to all their capital without penalties, require maximum market upside exposure, or those who may need funds before age 59½ (due to 10% early withdrawal tax).
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