The Herald Sun reported on Saturday that Ramanauskas would be announcing his retirement on Monday, but Jackson noted that the utility had as yet given no indication regarding his playing future.
"Rama, whatever he decides to do, he deserves the opportunity to do it himself and talk to the players," Jackson told radio station SEN.
"I don't want to speculate on that. He's a fantastic person, he's been fantastic for our footy club. He hasn't said anything to any of the players and I'd let that rest until Rama decides what he wants to do."
Ramanauskas has twice beaten cancer in his 133-game career and has become an integral and inspirational part of the Bombers team. He has played 17 games so far this season.
If Ramanauskas does announce his retirement he will join fellow Dons Mal Michael and Jason Johnson in farewelling the game, while Damien Peverill and Courtney Johns will not play stay at the club in 2009.
As for Essendon's ability to top up its list through the trade period, Jackson said money was not an issue but was doubtful it would end up being spent on Eagle Daniel Kerr.
"we've got the money to spend ... the money's in the salary cap," he said. "Anyone looking at it would know there's a gap in the salary cap.
"Speculation about trade is always interesting, but at the end of the day it all comes down to whether two clubs on a given day and the players concerned are willing to be involved, and it works for everybody.
"Of all the trades that get talked about, I guess about five per cent of them end up coming through."
Jackson believed Essendon would be unlikely to use its first round draft pick when asked how a deal to bring the brilliant onballer could be manufactured.
"Who knows? It's not something that we would choose to speculate about ... when you talk about a guy like Daniel Kerr, he's contracted with West Coast Eagles. I'm sure West Coast just aren't going to give him away.
"You get one pick in the top 35 ... you'd want to have a damn good trade deal to give away that."
