Fixed index annuity review and rates
Pacific Index Foundation 5
The Pacific Index Foundation 5 is a Fixed-Indexed Annuity with a 5-year surrender charge period that offers multiple interest options, contract lengths, and liquidity features.
Available in states:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 5-Year Fixed Account |
Fixed
|
3.5%
Fixed
|
| 1-Year MSCI EAFE PTP Cap |
Point to Point
Annual
|
7.4%
Cap
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7.4%
Cap
|
| 1-Year MSCI EAFE Performance Triggered |
Performance Triggered
Annual
|
6.65%
Performance triggered
|
| 1-Year S&P 500 Performance Triggered |
Performance Triggered
Annual
|
6.65%
Performance triggered
|
| 5-Year Fixed Account |
Fixed
|
3.75%
Fixed
|
| 1-Year MSCI EAFE PTP Cap |
Point to Point
Annual
|
8.5%
Cap
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
8.5%
Cap
|
| 1-Year MSCI EAFE Performance Triggered |
Performance Triggered
Annual
|
7.5%
Performance triggered
|
| 1-Year S&P 500 Performance Triggered |
Performance Triggered
Annual
|
7.5%
Performance triggered
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| Penalty | 9% | 8% | 8% | 7% | 6% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| Interest Enhanced Death Benefit | No | 0.40% annually |
Pacific Life Insurance Company
Founded:
1868
A.M. Best:
A+
Fitch:
AA-
S&P:
A+
Moody's:
Aa3
Brochure
Free withdrawal
10%
Surrender schedule
5 years
Return of premium
Market value adjustment
Minimum contribution
$25,000
Types of funds
Non-Qualified, 401k, IRA, IRA Transfer, TSA 403b, 1035 Exchange, Inherited IRA, NQ Stretch, and TSP