Expedition II

You choose a 3, 5, or 7-year initial period and receive a guaranteed rate locked in at contract issue. After that period, Pacific Life declares a renewal rate annually, never below the minimum guarantee in your contract.

Interest compounds without current income tax, allowing faster growth. You only pay taxes when you withdraw money or take distributions.

If you surrender the contract, you're guaranteed to receive at least your total purchase payments (minus any prior withdrawals and their charges).

Withdraw up to 10% annually without charge during the guarantee period. Systematic withdrawals as low as $100/month or partial withdrawals of $500+ anytime.

No charges for required minimum distributions (RMDs), terminal illness (after year 1), nursing home confinement (after 90 days), or death benefits.

Convert your contract to guaranteed lifetime income with choices including Life Only, Life with Period Certain, Life with Cash/Installment Refund, and Joint Life options for two people.

3-year period: 8% years 1-2, 7% year 3. 5-year period: 8% years 1-2, 7% years 3-4, 6% year 5. 7-year period: 8% years 1-2, 7% years 3-4, 6% year 5, 5% year 6, 4% year 7.

If you die before annuitizing, your contract value passes directly to designated beneficiaries, avoiding probate. Spouse beneficiaries can continue the contract.

For nonqualified (non-IRA) contracts, only the interest portion of income payments is taxable—your cost basis comes out tax-free. Taxes spread over time via annuity exclusion formula.