prudential flexguard rate sheet

Please use one of the browsers below or contact your IT department regarding approved options. hb``f``b`e`~bl,+00e@L. marisa.amador@prudential.com, Amid market volatility, Prudentials innovative investment strategy meets increased need for asset protection. See current PruSecure Advisor rate sheetPDF opens in a new window, Surrender Charge Options Rates will vary based on the surrender charge option chosen, 5 years: 2%, 2%, 2%, 2%, 2% 7 years: 2%, 2%, 2%, 2%, 2%, 2%, 2%. Please refer to the current rate sheet. Neither Prudential Financial, Inc. nor Assurance IQ issues, underwrites, or administers health plans or health insurance policies. For more information, please visit news.prudential.com. NEWARK, N.J. -- (BUSINESS WIRE)-- Prudential Financial, Inc. ( NYSE: PRU ), launched FlexGuard today, the company's first indexed variable annuity product, designed . Prudential is not responsible for any losses related to decisions whether or not to exercise a Performance Lock. During this period, if they withdraw any or all of the money from the annuity, surrender charges and a Market Value Adjustment will apply. This web page is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. Clients seeking information regarding their particular investment needs should contact a financial professional. 0000019833 00000 n You should read the prospectuses carefully before investing. Before purchasing any investment product be sure to do your own due diligence and consult a properly licensed professional, preferably a certified financial planner practitioner,should you have specific questions as they relate to your individual circumstances. Renewal rates may be different than those listed below. Use up and down arrow keys to navigate. As of 2019, the Newark New Jersey company Prudential is the largest insurance provider in the United States with $815.1 billion in total assets. May 18, 2020 8:00AM EDT. If a Performance Lock is executed when thePerformance Lock Value has declined, clientswill lock in any loss. Prudential FlexGuard Life and all product features are not approved for use in all states or through all broker-dealers. For complete information about the annuity, please refer to the PruSecure Important Information Disclosure Statement PDF opens in a new window. In cases where the duration of the index term is shorter than the length of the surrender charge period, your clients may need to renew or reallocate their strategy selections one or more times before the surrender charge period ends. This area is reserved for members of the news media. The Insurance Charge is a combination of the Mortality & Expense Risk Charge and the Administration Charge. FlexGuards three index strategies include a cap rate strategy, which allows you to earn interest on any index growth up to a defined limit, called a cap; as well as two index. Standard & Poor's, S&P and S&P 500 are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Pruco Life Insurance Company of New Jersey. 0000009917 00000 n Variable Annuities and Variable Life Insurance are distributed by Prudential Annuities Distributors, Inc. (PAD), Shelton, CT (main office). Dividend Yield % explanation, calculation, historical data and more References to FLIAC shall be deemed to be references to PALAC in the jurisdictions where the name change is not yet effective. 0000061397 00000 n Each subsidiary is responsible for its own financial condition and contractual obligations. Prudential Financial, Inc. whos symbol of the Rock of Gibraltar, has been keeping its promises since 1875. Clients have worked hard for their money and want to protect and grow it for the future. Performance Locks are as of close of business on the day the automatic target was met or the manual lock in is requested. Prudential Financial names its next Emerging Visionaries For the second year, 25 exceptional young leaders are honored for their work addressing the challenges of a changing world. kristen.olsen@prudential.com, Marisa Amador Kristen Olsen across well-known indices. Investment advisory products and services are made available through Pruco, a registered investment adviser. Prudential Financial, its affiliates, and their financial professionals do not render tax or legal advice. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. An investment in the PSF PGIM Government Money Market Portfolio is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The client will choose on the application if they wish to (1) allocate to the Index Strategies immediately, (2) defer their allocation for 45 days from the application signed date to accommodate multiple transfers and exchanges or (3) elect to defer their allocation to a specified date. Prudential Stages is an umbrella marketing name for Pruco Securities LLC, (sometimes referred to as Pruco) doing business as Prudential Financial Planning Services, pursuant to a separate agreement. Inspired by the groundbreaking success of Prudential's signature FlexGuard Indexed Variable Annuity products, which have reached over $10 billion in total sales, FlexGuard Life is a. If youd like to see Fortitude Re product information, please click here opens in new window. FlexGuard Income is initially available through Prudential Advisors financial professionals and will expand to additional, third-party broker dealers in fall 2021. Tier Levels may be higher or lower than the initial Tier Level, but will never be higher than the Guaranteed Maximum Tier Level. Some of the products and services discussed on the Stages site are in development and may not be currently available. 0000036749 00000 n "Prudential Advisors" is a brand name of The Prudential Insurance Company of America and its subsidiaries. Bloomberg Commodity Index reflects changes in a broad range of commodity futures prices, from crude oil and coffee to gold and cattle. This web page is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. <]/Prev 624911/XRefStm 1346>> Use up and down arrow keys to navigate. Please use one of the browsers below or contact your IT department regarding approved options. You will not receive a written financial plan or investment recommendations as part of the no cost consultation. .RIANavBar li { If the client chooses to defer their Index Effective Date, the allocations for the Index Strategies will be placed in the Transfer Account and will automatically be transferred to the Index Strategies, if within the Transfer Account Period. For additional important information about the products, services and companies that make them available, please click here Opens in a new window.*. Taken from the interactive chart above the buffer annuity invested in the S&P 500 index over the last 20 years gain more than $86,000 than the S&P 500 index. That was an increase of 45% gain from limiting market losses with the 20% market protection each year. Click the chart to see how it works. Call an annuity specialist at 888-311-4889 (option 2) to learn more. Upon renewal or reallocation at the end of a term, your clients may continue with the same strategy and allocation, or choose from any strategies and terms available at that time. Prudential Financial is not affiliated in any manner with Prudential plc, an international group incorporated in the United Kingdom or the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom. Lets get to it. The applicable Income Percentage and Income Deferral Rate is based on the attained age of the Protected Life (or younger of the Joint Protected Lives) on the Index Effective Date, according to the tables below: . Step Rate Plus Index Strategy Index underperforms the Step Rate: The Disclosure Statement contains a more detailed description of the limited relationship MSCI has with Pruco Life Insurance Company and any related annuity contracts. However, transfers among Variable Subaccounts may occur at any time. Sales of the FlexGuard Suite annuities, which are the variable annuities that Prudential most wants to sell, decreased to $1.1 billion, from $1.4 billion. trailer As you help your clients plan for a more secure tomorrow, you'll want to work with a company you know and trust. If the Index Return is between zero and the declared Tier Level, then the Index Credit is equal to the IndexReturn multiplied by the Participation Rate for the 1st tier. only and may not be approved in all states. Each subsidiary is responsible for its own financial condition and contractual obligations. Not Insured by FDIC or any Federal Government Agency | May Lose Value | Not a Deposit of or Guaranteed by the Bank or any Bank Affiliate. When establishing interest crediting rates, Prudential considers many factors, including current economic and market conditions, the general interest rate environment and both the expected and . } Clients seeking information regarding their particular investment needs should contact a financial professional. The Contingent Deferred Sales Charge applies to each Purchase Payment and will be applied to amounts that exceed the Free Withdrawal Amount, Client(s) may withdraw up to 10% of all Purchase Payments still within CDSC without incurring a surrender charge. If you qualify, please, A retirement strategy as individual as you are. Each company (PICA, PLAZ, PLNJ, FLIAC, PAD) is solely responsible for its own financial condition and contractual obligations. 0000011656 00000 n Early withdrawals may result in a loss in addition to applicable surrender charges. Think of it as a second layer of protection., Table below will update as the competition changes. Currently, there are some great choices for retirement annuities. To request a side by side, click on the compare button below, and our Certified Financial Planner will be happy to answer any question you might have (Click Here).. It does not reect a specific annuity or an actual account value. If the Index Return is positive, but less than the Cap Rate, the Index Credit is equal to theIndex Return. based on your individual retirement needs and change themes those needs evolve. See current PruSecure Select rate sheetPDF opens in a new window, Index-Based Strategy with Point-to-Point Crediting with Cap Rate. 528 0 obj <> endobj which may help limit loss in down markets, partially shielding your account in the case ofa negative index return. } With the help of the buffer, your risk of loss could be lessened. Pruco Life Insurance Company, an Arizona company - California COA # 3637. The Performance Lock Value, which is different than the Interim Value, is adjusted for any withdrawals or reallocations that occur prior to the Index Strategy End Date. Your clients should consult a tax advisor for more information. Today the Prudential fee amounts to 1.9% but a few years down the line you may be paying 2.6%! Low-risk investments today offer little growth opportunity, while investing in the stock market can be risky. It affords them access to cash values when needed, providing the unique opportunity to leave a legacy while also expanding access to living benefits. If the Index Return is negative, but less than or equal to the Buffer, the Index Credit is zero. Prudential, the Prudential logo, the Rock Symbol and Bring Your Challenges are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Contact your wholesaler today and have our team of experts and resources work for you. Not all term and buffer options are available for each index crediting strategy. FLIAC is in the process of changing its name from Prudential Annuities Life Assurance Corporation (PALAC) in certain jurisdictions. * "Explicit product fees" refers to the Base Contract Fee, or Mortality & Expense Risk Charge and Administration Charge (M&E&A), that apply only to the variable investment options. If the index increased by 3%, an amount that is less than the cap rate of 4%, the credited interest would be 3%. Receive alerts on new stories, articles, and more by subscribing to one or more RSS Feeds. Please reference the prospectus for information about the levels of protection available and other important product information. As our customers needs continue to evolve, were working to provide them with new ways to achieve financial security, including offerings that help to diversify their cash values and realize more benefits from their policies, says Salene Hitchcock-Gear, president of Individual Life Insurance at Prudential. Featured News Stories. Fortitude Re has retained PICA as an unaffiliated Third-Party Administrator. Investing in securities involves risk, and there is always the potential of losing money. Pruco Life Insurance Companyof New Jersey's Product(s) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index. The value of an Index Strategy at the end of any Valuation Day during an Index Strategy Term other than the Index Strategy Start Date and Index Strategy End Date. border-bottom: 10px solid #ccc; Funds allocated to the index-based strategies have the potential to grow based on the performance of their chosen indices, comparing the value on the rst day to the value on the last day of their 1-, 3-, or 5-year. ** The websites referenced above are not endorsed or supported by any of the Prudential Financial companies. Dow Jones U.S. Real Estate Index is designed to track the performance of Real Estate Investment trusts (REIT) and other companies that invest directly or indirectly in real estate through development, management, or ownership, including property agencies. At the time your clients purchase a contract, they select a 5- or 7-year surrender charge period, which is the amount of time they must wait until they can withdraw funds from the annuity without facing a surrender charge and market value adjustment. By using this website, you agree that you have read and agree to our Terms and Conditions. 0000046879 00000 n Levels of downside protection are available on index-crediting strategies only. 0000030064 00000 n Financial advisors who are available through the Stages channel currently offer a more limited range of products and services as compared to the range of products and services offered through other Prudential distribution channels. All products and/or options may not be available in all states or with all broker/dealers. This web page is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. B-Share 6 years: 7%, 7%, 6%, 5%, 4%, 3%; based on the effective date of each Purchase Payment and the percentage of the amount withdrawn from the Purchase Payment, above the free withdrawal amount. Withdrawals or surrenders may be subject to contingent deferred sales charges. FlexGuard - NY and all its features may not be approved in allbroker-dealers. Both are Prudential Financial companies located in Newark, NJ. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time. MSCI EAFE (Europe, Australasia, Far East) is a widely accepted benchmark for international stock performance. 0000008198 00000 n At the time your clients purchase the contract, they may select a 5- or 7-year surrender charge period, which is the amount of time they must wait until they can withdraw funds from their annuity without facing a penalty charge. As a result, clientsmay receive less than the full Index Credit, or less than the full protection of the Buffer, thanthey would have received if they waited for us to apply the Index Credit on the Index Strategy End Date. .RIANavBar ul { Prudential Financial, Inc. whos symbol of the Rock of Gibraltar, has been keeping its promises since 1875. In this annuity review we will be going over annuity details regarding the Prudential Flex Guard Structed Variable annuity.

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