Pacific Choice Income

A Deferred Variable Annuity

A variable annuity designed to provide clients with retirement income when and how they want it through one of two income benefits.

Choices for Growing and Protecting Income

At contract issue your client must select either the Enhanced Income Select 2 or Future Income Generator income benefit.


Growth Potential

  • Choose from eligible investment options to facilitate growth with the flexibility to adjust as clients’ needs change.
  • Access to all 84 investment options when Future Income Generator is selected (in all states except New York) for full open architecture.
  • Obtain unlimited growth potential and tax deferral. 

Flexible Protected Income

Add Enhanced Income Select 2 to:

  • Help clients grow future retirement income through annual credits and resets.1
  • Help maximize income.
  • Create flexibility through an Income Rollover feature.

Steady Protected Income

Add Future Income Generator (or Future Income Generator in New York) to:

  • Help clients grow future retirement income through annual credits and resets.1
  • Lock in steady income clients can count on for life, even if the contract value goes to zero.

Wealth Transfer

Add Optional Return-of-Premium Death Benefit which may provide an amount that can be passed down to the next generation.

Key Details

For complete product details view the Pacific Choice Income Fact Sheet →


Purchase Payments


$2,000 initial
$50 subsequent



$10,000 initial
$250 subsequent


For aggregate purchase payments totaling more than $1 million, contact Pacific Life for approval.


Charges & Fees

M&E Risk Charge
(contract value death benefit)

Administrative Fee

Return-of-Premium Death Benefit

Annual Contract Fee

In All States Except New York
Total Gross Fund Expense Range


Total Net Fund Expense Range


In New York
Total Gross Fund Expense Range


Total Net Fund Expense Range

1.45% - Single Life  / 1.55% -  Joint Life
Enhanced Income Select 2 Fee

1.45% - Single Life / 1.55% - Joint Life
Future Income Generator Fee


Access to Money

Contract Year

Charge per


Charge per

(New York only)

1 9% 8%  
2 8% 8%
3 7% 7%
4 6% 6%
5 5% 5%
6 4% 4%
7 3% 3%

Take the Next Step


Start A Conversation

How may we support you? Let's talk about:

  • A specific client scenario
  • Getting appointed
  • Running an illustration (if non-appointed)
  • Any other questions you might have

1A reset may not apply, depending on the performance of the contract over time.

Investors should carefully consider a variable annuity's risks, charges, limitations, and expenses, as well as the risks, charges, expenses, and investment goals of the underlying investment options. This and other information about Pacific Life are provided in the product and underlying fund prospectuses. These prospectuses should be read carefully before investing.

Broker/dealer and state variations may apply. Contact your broker/dealer for availability.
Annuity withdrawals are taxable as ordinary income when distributed and may be subject to an additional 10% federal income tax if withdrawn before age 59½. For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. Withdrawals will reduce the contract value and the value of the death benefits, and also may reduce the value of any optional benefits.

The value of the variable investment options will fluctuate so that shares, when redeemed, may be worth more or less than the original cost.

Enhanced Income Select 2 is named “Guaranteed Withdrawal Benefit XXIII Rider – Single Life” and “Guaranteed Withdrawal Benefit XXIII Rider – Joint Life” in the contract rider.
Future Income Generator is named “Guaranteed Withdrawal Benefit XXII Rider – Single Life” and “Guaranteed Withdrawal Benefit XXII Rider – Joint Life” in the contract rider.

Contract Form Series: ICC20:10-1020 (state variations may apply)
Rider Series: ICC20:20-1021, ICC20:20-1022, ICC19:20-1427, ICC19:20-1428, ICC20:20-1020 (state variations may apply).

Insurance product and rider guarantees, including optional benefits and any fixed crediting rates or annuity payout rates, are backed by the financial strength and claims-paying ability of the issuing insurance company and do not protect the value of the variable investment options. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased, or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.



Pacific Life, its distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.

Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.

Unless otherwise noted, all aforementioned money managers, their distributors, and affiliates are unaffiliated with Pacific Life and Pacific Select Distributors, LLC.

Pacific Life refers to Pacific Life Insurance Company and its subsidiary Pacific Life & Annuity Company. Insurance products can be issued in all states, except New York, by Pacific Life Insurance Company or Pacific Life & Annuity Company. Product/material availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues. 

Variable insurance products are distributed by Pacific Select Distributors, LLC (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company and an affiliate of Pacific Life & Annuity Company. 

The home office for Pacific Life & Annuity Company is located in Phoenix, Arizona. The home office for Pacific Life Insurance Company is located in Omaha, Nebraska.

No bank guarantee • Not a deposit • Not FDIC/NCUA insured • May lose value • Not insured by any federal government agency

For financial professional use only. Not for use with the public.

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