Jackson National Life Insurance Company launched Jackson Income Assurance℠ and Jackson Income Assurance℠ Advisory on August 25, 2025. These new fixed index annuities (FIAs) include an embedded guaranteed minimum withdrawal benefit (GMWB), designed to provide protected lifetime income and additional opportunities for guaranteed withdrawal balance (GWB) growth.
A key feature of the new suite is a 30% GWB Premium Bonus, which is applied to the initial premium and any additional premiums in the first contract year. The products are available with both 7- and 10-year options, offering flexibility to consumers based on their individual retirement planning needs.
The introduction of an advisory-friendly version of the FIA allows financial professionals to take fees from the contract without negatively impacting the income benefit. This strategic move aims to expand access to registered investment advisors, who are increasingly incorporating annuities into client retirement plans, positioning Jackson for growth in the fixed index annuity space.
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