Pacific Life ~ Pacific Index Foundation 5 Review

pacific life index foundation

The Pacific Life Index Foundation is a 5-Year Fixed Indexed annuity designed for growth. You can allocate your money, once a year on the policy anniversary, between a guaranteed interest rate account and a benchmark stock index account.

Index Foundation Annuity Highlights:

Index Foundation Annuity Interest Rates - High Band
Index Strategy Cap Rates Declared Rate
S&P 500 1 Year Point to Point 8.25% N/A
Performance-Triggered N/A 8.00%
Index Foundation Annuity Interest Rates - Low Band
Index Strategy Cap Rates Declared Rate
S&P 500 1 Year Point to Point 7.15% N/A
Performance-Triggered N/A 7.15%

Frequently Asked Questions About the Index Foundation Annuity:

Q: What is the minimum premium I need to pay?
A:$25,000 Low Band / $100,000 High Band

Q: Am I paid a bonus on my initial premium at sign-up?
A:No. There is no premium bonus.

Q: Can I pay additional premium later on?
A: Additional cash purchase payments are permitted within the first 60 days after contract issue, up to a maximum of $100,000.

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 Index Foundation annuity available?
A:The Index Foundation annuity is not available in all states. Call 800-872-6684 to find out if it's available in your state.

Q: Does this annuity have an income rider (for withdrawing income)?
A: No

Q: For how long are surrender charges in effect?
A:5 Years

Q:Does the Index Foundation annuity permit any withdrawals without penalties?
A:Yes. Withdrawals are permitted 30 days after contract issue. In the first contract year, 10% of the total purchase payments is available with no withdrawal charge or MVA. In subsequent years, 10% of the previous contract anniversary’s contract value is available annually with no withdrawal charge or MVA.

Q:What benchmark indices do the Index Foundation offer?
A:S&P 500

Q: What are the index account options?
A:Annual Point-to-Point and Performance-Triggered

Q: What is the Method for Crediting Interest or Gains?
A: Cap rates or declared interest rate.

To review the Index Foundation 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.

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