Pacific Journey Select variable annuity - Pacific Life 2025

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Variable annuities are the odd man out when it comes to market crashes, however. You can lose money in subaccounts when markets dont perform well. But you also have the most growth potential with a variable annuity because of that market exposure.
Highest Income Producing Annuities Single Premium Immediate Annuities (SPIAs) and Deferred Annuities are top choices for high retirement income. SPIAs begin payments within a year of a lump sum deposit, offering quick and reliable income, perfect for retirees needing immediate cash flow.
The benefits of a variable annuity include tax-deferred growth, guaranteed income in retirement, and a death benefit for beneficiaries. The downsides are complexity, layered fees, and withdrawal penalties.
A fixed annuity guarantees payment of a set amount for the term of the agreement. It cant go up or down. A variable annuity fluctuates based on the returns on the mutual funds it is invested in.
A variable annuity is a contract between you and an insurance company. It serves as an investment account that may grow on a tax-deferred basis and includes certain insurance features, such as the ability to turn your account into a stream of periodic payments.
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Variable Annuities Enable you to allocate money among a broad range of market-based investment options, providing you growth potential. Money has the potential to grow faster because earnings are tax-deferred. Youll have several options for retirement income, including income for life.

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