Jackson Annuity Reviews

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Witten By Peter Hansen

2 min read

Posted - Mon Dec 11 2023

Financial Strength Ratings

Jackson National Life Insurance Company's financial strength ratings are affirmed by Fitch and A.M. Best with stable and positive outlooks respectively, while Moody's has downgraded its rating with a stable outlook.

Fitch

10/6/2023

A

Outlook: Stable

Moody's

10/20/2023

-

Outlook: Stable

A.M. Best

A

Outlook: Positive

All about JACKSON

As I approach retirement, understanding annuity rates becomes crucial. The annuity rate report provided me with the knowledge to compare and choose the best rates, empowering me to maximize my savings and secure a financially sound future.

Les Balmer

Recently retired. Dallas,Texas

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Jackson National Life Insurance Company, founded in 1961, has established itself as a prominent provider in the annuity market. While originally offering life insurance, Jackson National shifted its focus solely to annuities in 2012. The company has consistently ranked as one of the top sellers in the annuity market, and is a Fortune 500 company.

Jackson National is known for its financial stability, with strong ratings from major credit rating agencies, including AM Best, Fitch, Standard & Poor’s, and Moody’s. This stability and their extensive experience in annuity products make them a reliable choice for retirement planning. Jackson National offers a variety of annuity products to cater to different investment needs and preferences:

Variable Annuities: These annuities involve investment risks as they are linked to the performance of the underlying investment options. They offer the potential for higher returns but also carry the risk of value decrease in a weak market. Jackson National also offers additional benefits for purchase with these annuities to mitigate some of the risks.

Registered Index-Linked Annuities (RILA): Tied to the growth of an index, such as the S&P 500, these annuities offer the potential for growth with a set floor to limit loss, offering more security than variable annuities but with a cap on potential growth.

Fixed Index Annuities: These annuities provide a balance between fixed and variable annuities, allowing participation in market growth without the full extent of risk. They include protection against losses in exchange for a cap on potential earnings.

Fixed Annuities: As a conservative option, fixed annuities offer growth at a set rate without being tied to market performance. They present very little risk but also lower potential for significant gains compared to other annuity types.

In our commitment to providing unbiased, data-driven analysis, we have thoroughly reviewed several Jackson National Annuities. Our reviews take a deep dive into the intricate components of each annuity product, examining key factors such as the indexes used, crediting methods, cap and participation rates, surrender charge schedules, rider options, the overall financial strength of the company, and much more.

Our purpose is to simplify the complex world of annuities for you, transforming complex financial jargon into clear, actionable information. So, whether you are a novice investor trying to understand the basics, an experienced investor seeking advanced financial strategies, or an advisor searching for in-depth analysis, our Jackson National Annuities reviews can cater to your needs.