Variable Annuities Investment Guide for New York

This document is a guide that provides detailed information about variable annuities offered by Pacific Life & Annuity Company specifically for New York residents. It explains the nature of variable annuities as long-term contracts designed to assist individuals in growing, protecting, and managing retirement savings in a tax-advantaged manner. The guide outlines the benefits of variable annuities, including protected monthly lifetime income, protection against market losses, tax-deferred growth, and flexible access to funds. It emphasizes the importance of diversification and asset allocation in managing market volatility and highlights the role of financial professionals in selecting appropriate investment options. The document also discusses the investment options available, including various asset classes and investment strategies, and notes the risks associated with these investments. Overall, the guide serves as a resource for individuals considering variable annuities as part of their retirement strategy.