New tool helps financial professionals
illustrate value of tax deferral and impact on client
portfolios
Jackson National Life Insurance Company (Jackson®), the main
operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today
announced it has launched a proprietary tax deferral calculator
available to financial professionals and their clients on
Jackson.com. The new tool complements Jackson’s robust suite of
online financial planning tools, including its Social Security and
retirement expense and income calculators. The tax deferral
calculator was developed in partnership with FinMason, Inc.
(FinMason), a leading financial technology, investment data and
analytics firm, to help financial professionals fully illustrate
the benefit of tax-deferred growth across key financial planning
lifecycle stages, including accumulation, distribution and
legacy.
“Tax deferral is a key aspect of financial planning that can
have a dramatic effect on the accumulation and withdrawal amounts
of an investment,” said Tim Munsie, Head of RIA, Platform
Distribution and Planning for Jackson National Life Distributors
LLC, the marketing and distribution business of Jackson. “Using
Jackson’s new tax deferral calculator, financial professionals can
show their clients how placing tax-inefficient investments into
tax-advantaged accounts can keep more of their money invested for
the long term.”
Jackson’s new tax deferral calculator enables users to compare
the accumulation values and after-tax withdrawals of an investment
taxed annually versus deferring the tax until withdrawals occur, as
is common with tax-deferred annuities. Additionally, the tool
allows users to illustrate scenarios for individuals, couples and
trusts based on their unique tax needs. One of the key features of
the new tool is its ability to customize the components of the tax
deferral journey in various life stages in a digestible,
easy-to-understand plan that can help illustrate potential impacts
on a client's portfolio.
“We’ve enjoyed working with the Jackson team to incorporate our
Application Programming Interface (API) into their new tax deferral
tool, providing a customized implementation of our lightning-fast,
10,000 iteration Monte-Carlo simulation and our detailed tax-impact
calculations,” said Philip Taylor, CFA, President and Chief
Analytics Officer, FinMason. “With the support of our
institutional-grade investment analytics, we’re pleased to deliver
an enhanced resource that enables financial professionals to craft
individualized, comprehensive retirement planning strategies for
their clients.”
Jackson is committed to providing education, service support and
digital tools to increase the ease of doing business. Through
financial calculators and tools that address key retirement
planning concerns, including income protection and the impact of
taxes, financial professionals and their clients can find resources
to help develop a comprehensive wealth management plan. To learn
more about the planning calculators and tools Jackson offers, visit
https://www.jackson.com/your-financial-future/calculators-and-tools.html.
ABOUT JACKSON
Jackson® (NYSE: JXN) is committed to helping clarify the
complexity of retirement planning—for financial professionals and
their clients. Through our range of annuity products, financial
know-how, history of award-winning service* and streamlined
experiences, we strive to reduce the confusion that complicates
retirement planning. We take a balanced, long-term approach to
responsibly serving all our stakeholders, including customers,
shareholders, distribution partners, employees, regulators and
community partners. We believe by providing clarity for all today,
we can help drive better outcomes for tomorrow. For more
information, visit www.jackson.com.
*SQM (Service Quality Measurement Group) Contact Center Awards
Program for 2004 and 2006-2022, for the financial services industry
(To achieve world-class certification, 80% or more of call-center
customers surveyed must have rated their experience as very
satisfied, the highest rating possible).
ABOUT FINMASON
FinMason, a financial technology firm provides one of the
world's largest investment analytics engines for financial services
platforms enabling fintech platforms to accelerate development and
time-to-market while retaining control of their user experience.
FinMason solves the two largest hurdles in investment analysis –
wrangling market data and calculating analytics at scale. Via
FinMason’s cloud-native API the company provides a lightning-fast,
customizable, calculation engine to accelerate any wealth
technology build out. For more information about FinMason, visit
www.finmason.com or email info@finmason.com.
Tax deferral offers no additional value if an annuity is used to
fund a qualified plan, such as a 401(k) or IRA, and may be found at
a lower cost in other investment products. It also may not be
available if the annuity is owned by a legal entity such as a
corporation or certain types of trusts.
Jackson, its distributors, and their respective
representatives do not provide tax, accounting, or legal advice.
Any tax statements contained herein were not intended or written to
be used and cannot be used for the purpose of avoiding U.S.
federal, state, or local tax penalties. Tax laws are complicated
and subject to change. Tax results may depend on each taxpayer’s
individual set of facts and circumstances. You should rely on your
own independent advisor as to any tax, accounting, or legal
statements made herein.
Annuities are long-term, tax-deferred vehicles designed for
retirement. Variable annuities involve investment risks and may
lose value. Earnings are taxable as ordinary income when
distributed and may be subject to an 10% additional tax if
withdrawn before age 59 ½ unless an exception to the tax is
met.
Annuities are issued by Jackson National Life Insurance Company®
(Home Office: Lansing, Michigan) and in New York, annuities are
issued by Jackson National Life Insurance Company of New York®
(Home Office: Purchase, New York). Variable products are
distributed by Jackson National Life Distributors LLC. May not be
available in all states and state variations may apply. These
products have limitations and restrictions. Contact the Company for
more information. Jackson is the marketing name for Jackson
National Life Insurance Company and Jackson National Life Insurance
Company of New York.
Jackson® is the marketing name for Jackson Financial Inc.,
Jackson National Life Insurance Company® (Home Office: Lansing,
Michigan) and Jackson National Life Insurance Company of New York®
(Home Office: Purchase, New York).
1 Jackson Financial Inc. is a U.S. holding company and the
direct parent of Jackson Holdings LLC (JHLLC). The wholly-owned
direct and indirect subsidiaries of JHLLC include Jackson National
Life Insurance Company, Brooke Life Insurance Company, PPM America,
Inc. and Jackson National Asset Management, LLC.
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version on businesswire.com: https://www.businesswire.com/news/home/20231207405733/en/
Patrick Rich patrick.rich@jackson.com
Jackson Financial (NYSE:JXN)
過去 株価チャート
から 4 2024 まで 5 2024
Jackson Financial (NYSE:JXN)
過去 株価チャート
から 5 2023 まで 5 2024