Pacific Life

Have you ever wondered how to use annuities for retirement paychecks? Predictable income can provide stability and peace of mind. Kiplinger shares how to decide whether an annuity is right for you - and how to sort through the options. https://lnkd.in/gkme8yVD 📷: Getty Images/Kiplinger

Pacific Life is committed to creating a meaningful future for our stakeholders. This extends beyond the current generation, which is why our corporate responsibility initiatives create lasting, positive impact for our people, our customers, our communities, and our environment. Learn more about our CSR efforts here: https://lnkd.in/g6u5xhmS

You want lifetime income now. An annuity provides steady, reliable monthly income for your entire life. And if you want that income to start now, or within a year from now, consider an immediate annuity. It's the simplest, most straightforward type of annuity you can buy. And you'll know from day one how much income you will receive. Learn more: https://lnkd.in/g42p4AJ7

Bram, CFO of our Workforce Benefits business, shares his personal connection to the Pacific Life promise and commitment to its customers. His story reminds us of our shared purpose as Pacific Life employees. Explore a career here: https://lnkd.in/g33skkDQ

Pacific Life commemorates Juneteenth and celebrates freedom, liberation, and equality for all.

You want protection for your family. Do you want to leave as much as possible to your loved ones? If you die before turning your annuity into lifetime income, a death benefit payment will go to your loved ones to help ensure they are protected. Plus, you can choose how and when they will receive their payments. Learn more: https://lnkd.in/g42p4AJ7

The number of adults living with an unmarried partner has increased nearly 30% in the last decade. However, estate-planning practices haven’t necessarily kept pace. In fact, it’s particularly important for unmarried couples­—including same-sex unmarried couples and cohabitating couples—to organize their assets strategically via the estate-planning process, as they face unique financial challenges that are not protected by the structure of marriage. Our Insight article shares more: https://lnkd.in/gppc9wg3

You want help managing taxes. In an annuity, everything you earn is tax-deferred, so your money grows faster. If you purchase an annuity with after-tax money, only a portion of your income will be taxable, spreading out your taxes over time. And, in a variable annuity you can change your investment strategy without tax consequences. Learn more: https://lnkd.in/g42p4AJ7

You want help growing your savings. In certain annuities, you can grow money first and then turn it into reliable income. While your money grows, everything you earn will be tax deferred, which helps money build up faster. You'll also have choices in how your annuity grows. Some annuities offer fixed interest rates; others enable you to select from a variety of Interest-Crediting Options. Learn more: https://lnkd.in/g42p4AJ7

Recently the Pacific Life Foundation hosted its annual Grants Reception at its Newport Beach, CA headquarters. More than 110 nonprofits, executives, and grantees were in attendance celebrating and recognizing their tireless work and common goal to create a positive impact in our community. The 2024 Walter B. Gerken Community Service Award (a $100,000 unrestricted grant) was presented to Community Action Partnership’s OC Food Bank. Congratulations to all grantees and thank you for your continued commitment and efforts.