Pacific Life Pacific Frontiers II 10 Annuity Review

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The Pacific Life Frontiers II 10 Annuity is a fixed deferred annuity that provides compounded, tax-deferred growth. Your annuity will grow at a fixed interest rate that is determined at contract issue. Pacific Life also offers a 9 year rate guarantee, an 8 year rate guarantee, a 7 year rate guarantee, a 6 year rate guarantee, and a 5 year rate guarantee.

Frontiers II Annuity Highlights:

Frequently Asked Questions About the Frontiers II Annuity:

Q: Does the interest compound? A: Yes.

Q: Is the interest taxed? A: The interest you leave in the account grows tax-deferred until you withdraw it. That interest is not taxed within the annuity. This is an advantage over interest you earn on a bank CD which is taxed each year even if you leave it in the CD.

Q: Are there any fees? A: No. There are no upfront sales charges or ongoing maintenance fees.

Q: Is it FDIC insured? A: No. FDIC insurance is only for bank deposits. Fixed annuities are guaranteed by the issuing insurance company.

Q: What are the early surrender charges? A: The early surrender charges only apply to withdrawals which are greater than the penalty-free amount. If surrender charges apply, they start at 7% and decline to 0% after the 10th year. The surrender charge schedule by year is 7%, 6%, 5%, 4%, 3%, 2%, 1%, 0%, 0%, 0%.

Q: What penalty-free withdrawals are available? A: Starting 30 days after contract issue, you may withdraw amounts up to the interest credited over the previous 12 months.

Q: If I withdraw more than the penalty-free amount, will a Market Value Adjustment (MVA) be applied? A: Yes. You can read more about market value adjustments here.

Q: What happens after the initial 10 year rate guarantee period? A: You have a 30 day window to do decide what you would like to do with your accumulation value. You can remove all of it or let your cash balance roll over into a new 10 year guarantee period.

Q: What happens to the money in my account if I die? A: Your beneficiaries will receive the full accumulation value.

Q: How do I apply? A: Start by calling 800-872-6684 or fill in the "Get My Free Quote" form in the upper right section of this page.

Q: What is the minimum premium I need to pay? A: $10,000

Q: Are there any age restrictions? A: Yes. You can purchase this annuity up to age 85. In some states the age requirements may differ.

Q: In which states is the Frontiers II annuity available? A: The Frontiers II annuity is not available in all states. Call 800-872-6684 to find out if it's available in your state.

To review the Frontiers II annuity with an agent or to receive a free personalized illustration call 800-872-6684 or fill in the "Get My Free Quote" form in the upper right section of this page.

Read more about Pacific Life's Frontiers II Annuity on the Pacific Life site

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