| FEES AND EXPENSES | LOCATION IN PROSPECTUS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Charges for Early Withdrawals | If you withdraw premium from your Contract within 5 years following the premium payment, you may be assessed a withdrawal charge. The maximum withdrawal charge is 5% of the amount of premium withdrawn. For example, if you make a withdrawal during the first year after a premium payment, you could pay a withdrawal charge of up to $5,000 on a $100,000 investment. The withdrawal charge then gradually declines each year, until the end of the 5th year, after which no charge is made. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Transaction Charges | You may be charged for transactions, such as when you transfer cash value between investment options more than 25 times in a Contract Year, when you request an expedited delivery of your partial or complete withdrawal. | Contract Charges- Transfer Fee | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ongoing Fees and Expenses (annual charges) | The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected. | Contract Charges | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ANNUAL FEE | MINIMUM | MAXIMUM | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1. Base Contract1 | 1.06% | 1.06% | Contract Charges | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2. Investment options (Fund fees and expenses)2 | 1.17% | 1.18% | Contract Charges - Other Expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3. Optional benefits available for an additional charge (for a single optional benefit, if elected)3 | 0.20% | 1.05% | Contract Charges | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1.As a percentage of average daily Contract Value of the Investment Divisions. 2.As a percentage of average Fund net assets. 3.The minimum fee reflects an annualized percentage of average daily account value of Investment Divisions. The maximum fee reflects an annualized percentage of the GWB. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
LOWEST ANNUAL COST: $2,260 | HIGHEST ANNUAL COST: $4,095 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Assumes: •Investment of $100,000 •5% annual appreciation •Least expensive combination of Fund fees and expenses •No optional benefits •No sales charges •No additional purchase payments, transfers or withdrawals | Assumes: •Investment of $100,000 •5% annual appreciation •Most expensive combination of optional benefits and Fund fees and expenses •No sales charges •No additional purchase payments, transfers or withdrawals | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RISKS | Location in Prospectus | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Risk of Loss | You can lose money by investing in this Contract. | The Annuity Contract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Not a Short-Term Investment | This Contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash. The benefits of tax deferral and living benefit protections also mean the Contract is more beneficial to investors with a long time horizon. | The Annuity Contract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Risks Associated with Investment Options | •An investment in this Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options you choose. •Each investment option (including the Fixed Account) has its own unique risks. •You should review the prospectuses for the available Funds before making an investment decision. | The Annuity Contract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Insurance Company Risks | Any obligations (including under the Fixed Account), guarantees, and benefits of the Contract are subject to the claims-paying ability of Jackson of NY. More information about Jackson of NY is available upon request by visiting our website at www.jackson.com or by calling 1-800-599-5651. | The Fixed Account | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RESTRICTIONS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments | •We reserve the right to charge $25 for each transfer when you transfer money between Investment Divisions in excess of 25 times in a Contract Year. •Jackson of NY may remove or substitute Funds as investment options available under the Contract, and may limit or suspend availability of the Fixed Account Options. | Investment Divisions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Optional Benefits | •Certain benefits may limit withdrawals or other rights under the Contract. Under certain benefits, a withdrawal could reduce the value of a benefit by more than the dollar amount of the withdrawal. •Not all optional benefits are available through all broker-dealers and may vary by date of purchase. •We may modify or discontinue an optional benefit at any time. | Access To Your Money | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TAXES | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Implications | •Consult with a tax professional to determine the tax implications of an investment in and purchase payments received under this Contract. •If you purchase the Contract through a tax-qualified plan or individual retirement account (IRA), you do not get any additional tax deferral. •Earnings on your Contract are taxed at ordinary income tax rates when you withdraw them, and you may have to pay a penalty if you take a withdrawal before age 59 ½. | Taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CONFLICTS OF INTEREST | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Professional Compensation | Your registered representative or other investment professionals may receive compensation for selling this Contract to you in the form of commissions, revenue sharing, and other compensation programs. Accordingly, investment professionals may have a financial incentive to offer or recommend this Contract over another investment. | Distribution of Contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Exchanges | Some investment professionals may have a financial incentive to offer you a new contract in place of the one you own. You should only consider exchanging your Contract if you determine, after comparing the features, fees, and risks of both contracts, that it is in your best interest to purchase the new contract rather than continue to own your existing Contract. | Distribution of Contracts | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fund Type | Fund and Manager* (and Sub-Adviser, if applicable) *The investment manager for each Fund is Jackson National Asset Management, LLC | Current Expenses | Average Annual Total Returns (as of 12/31/23) | ||||||||||||||
| 1 year | 5 year | 10 year | |||||||||||||||
| Allocation | JNL Moderate Growth Allocation Fund | ||||||||||||||||
| 1.17% | 13.73% | 7.32% | 5.38% | ||||||||||||||
| Allocation | JNL Growth Allocation Fund | ||||||||||||||||
| 1.17% | 16.55% | 8.88% | 6.22% | ||||||||||||||
| Allocation | JNL Aggressive Growth Allocation Fund | ||||||||||||||||
| 1.18% | 18.43% | 9.96% | 6.80% | ||||||||||||||