Pacific Life Index Dimensions 10 Fixed Indexed Annuity


Pacific Index Dimensions fixed index annuity provides a retirement income and enhances a death benefit for estate planning.

Pacific Life Index Dimensions 10 is a deferred, fixed indexed annuity that provides safety of principal and growth potential. It is not a security and does not participate directly in the stock market or any index, so your money is not invested in the market. However, you have the potential to earn interest based on the movement of three offered indexes and a fixed account that provides a guaranteed interest rate.




A fixed indexed annuity is a long-term contract between you and an insurance company that helps: 

  • Protect the principal. 
  • Provide the opportunity for growth based on the movement of an index. 
  • Generate guaranteed lifetime retirement income.



As you develop your retirement strategy, it’s important to determine how you will protect and grow your assets. Pacific Index Dimensions may be right for you if you are looking for:


The Power of Tax Deferral

Because Pacific Life annuities are tax-deferred, interest will compound without a current income tax. Your money grows faster because you don’t pay taxes on the interest earned until you withdraw it or it is distributed to you.


Access To Your Money

Full Withdrawals

If you make a full withdrawal of your contract value, or upon death or annuitization, you will receive the greater of your contract value minus any applicable withdrawal charges, market value adjustments (MVAs), and optional benefit charges, or the Guaranteed Minimum Surrender Value.

The Guaranteed Minimum Surrender Value is 87.5% (90% in New Jersey) of your total purchase payments, minus any prior withdrawals, accumulated at a fixed interest rate.

The rate is declared at contract issue and guaranteed to be no less than the minimum stated in your contract.

Partial Withdrawals

Because you can never predict the future, you still have the ability to access your money when you need it.

Withdrawals may begin as soon as 30 days after contract issue and are available through:

  • Systematic withdrawals: Withdraw at least $500 either monthly, quarterly, semiannually, or annually.
  • Partial withdrawals: Withdraw $500 or more at any time.

Withdrawal Charge Period

Withdrawal charges apply only for the withdrawal charge period you select at contract issue, either seven years or 10 years (the 10-year period is not available in California).

Withdrawal charges will generally decrease over time the longer you own your contract.

See the product fact sheet accompanying this brochure for the withdrawal charge schedule, as these vary by state.

Withdrawals without Charges

You may withdraw amounts up to 10% of your purchase payments in the first contract year and 10% of your contract value during the remainder of the withdrawal charge period (based on your contract value from the previous contract anniversary) without a withdrawal charge or market value adjustment (MVA). 

Additionally, you may make withdrawals without a withdrawal charge or MVA for the following reasons:

  • Required minimum distribution (RMD) withdrawals if calculated by Pacific Life Insurance Company.
  • Withdrawals after the first contract year (after contract issue in Texas) if the owner or annuitant is diagnosed with a terminal illness and has a life expectancy of 12 months (24 months in Kansas) or fewer. Not available in California.
  • Withdrawals after 90 days of contract issue if the owner or annuitant has been confined to an accredited nursing home for 30 days or more, and the confinement began after the contract was issued. Not available in California or Massachusetts.
  • Withdrawals after 90 days of contract issue if the owner or annuitant has been confined to an accredited facility that provides skilled nursing care and/or long-term care services for 30 days or more, and the confinement began after the contract was issued. Not available in California or Massachusetts.
  • Death benefit proceeds.
  • Withdrawals up to the Lifetime Annual Withdrawal Amount under the selected optional guaranteed minimum withdrawal benefit, if elected.


Market Value Adjustments (MVAs)

Withdrawals and contract values annuitized before the end of the withdrawal charge period that is in excess of 10% of the prior anniversary’s contract value (10% of purchase payments in the first year) may be subject to an MVA (in addition to any applicable withdrawal charges) depending on your state.

The MVA is based on a formula designed to respond to interest-rate movements.

As a general rule, if interest rates have stayed the same or risen since the contract was issued, the MVA can reduce the amount withdrawn.

If interest rates have fallen, the MVA can increase the amount withdrawn up to a specified maximum.

In no event will the MVA cause the withdrawal amount to be less than the Guaranteed Minimum Surrender Value.

There is no MVA assessed on withdrawals made after the withdrawal charge period has expired.

The MVA does not apply in

  • California
  • Minnesota
  • Missouri
  • Pennsylvania
  • Utah
  • Washington

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 to net investment income.

If withdrawals and other distributions are taken prior to age 59½, an additional 10% federal tax may apply.

A withdrawal charge and an MVA also may apply.

Withdrawals will reduce the contract value and the value of the death benefits, the Guaranteed Minimum Surrender Value, and also may reduce the value of any optional benefits.

You should carefully consider your income needs before you purchase a contract.




Guaranteed Growth for Your Loved Ones, Regardless of Market Performance

Is Interest Enhanced Death Benefit Right for You?

You may purchase only one optional benefit with your fixed indexed annuity contract, so consider an Enhanced Death Benefit if you: 

  • Want to leave as much to your loved ones as possible by ensuring your Death Benefit Base will grow each year. 
  • Feel it’s more important to maximize your financial legacy for your loved ones than to maximize income withdrawals for your own use in retirement.


The optional Interest Enhanced Death Benefit will increase the Death Benefit Base in both up and down markets based on interest earned on the contract plus a 2% roll-up, compounded annually.

Even for years in which no interest is credited to the contract, the Death Benefit Base will still increase by 2%.

Pacific Life Insurance is also an inexpensive way to leave a death benefit to beneficiaries tax-free.




Fixed index annuities also provide ways to generate lifetime income. Some FIAs offer optional benefits for an additional cost, which are designed to increase the amount of income you may receive at a future date. At Pacific Life, one optional benefit you can choose is known as Interest Enhanced Income Benefit 2.


Minimum Premium

Maximum Premium

Enhanced Benefits


Contract Length

Company Rating (A.M. Best)

Maximum Issue Age

Accepted Funds

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Premium Type

Annuitization Required

Annual Penalty-Free Withdrawals

Death Benefit

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Annual Fees


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Liquidity Options

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