Enhanced Income Select 

We've Taken Retirement Income Up a Level - Now Up to 8%

An Optional Benefit Available with Certain Pacific Life Variable Annuities


Do you have clients who are:

  • Age 59 ½ or older?
  • Seeking more income now and over time

Enhanced Income Select provides:

  • Enhanced income withdrawals as high as 8% as long as the contract value is greater than zero
  • Lifetime 3% income should the contract value fall to zero.
  • Opportunities to increase income by capturing market gains.
  • A wide variety of eligible investment options.
  •      No requirements to allocate to managed-volatility funds or asset-transfer programs.


Maximum Annual Withdrawal Amount

Age at First Withdrawal
(or First Withdrawal After a Reset)
Enhanced Income Percentage1
(Contract Value > Zero)
Single Life Joint Life
70 and older 8.0% 7.5%
65–69 7.6% 7.1%
59½–64 5.6% 5.1%


  • Single Life Charge: 1.05%
  • Joint Life Charge: 1.40%

Charges above are as of 2/19/19.  Charges are subject to change in all states, including New York.  The charge is an annual percentage of the protected payment base and deducted quarterly. 


Variable annuities are designed to help provide clients with income in retirement, including optional benefits which allows them to begin taking withdrawals without annuitizing their contract.

To receive an illustration, or speak to a consultative wholesaler, please complete this form


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.

Annuity withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal tax may apply. A withdrawal charge also may apply. Withdrawals will reduce the contract value and the value of the death benefits, and also may reduce the value of any optional benefits.

Not all optional benefits are available at all firms or in all states. Contact your broker/dealer or Pacific Life for more information.

Guarantees, including optional benefits, are subject to the issuing company’s claims-paying ability and financial strength. They do not protect the value of the variable investment options, which are subject to market risk.

Enhanced Income Select is named “Guaranteed Withdrawal Benefit XV Rider - Single Life” and “Guaranteed Withdrawal Benefit XV Rider - Joint Life” in the contract rider.

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.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product 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 (Newport Beach, CA) and an affiliate of Pacific Life & Annuity Company. Variable and fixed annuity products are available through licensed third parties.

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