You should read the prospectuses carefully before investing. Prudential Financial Inc. (NYSE: PRU), today launched FlexGuard Income, a new indexed variable annuity that provides customers with investment strate 0000036749 00000 n
Our new website has recently launched with features that may not be fully supported by your current browser. This and other important information are contained in the initial summary prospectus and the index strategies prospectus for the contract and the summary prospectus or prospectus for the underlying portfolios (collectively, the "prospectuses") which can be obtainedon the prospectus page or by contacting the National Sales Desk. Also, its important to note that if they take a withdrawal or annuitize the contract, taxes will apply. On an Index Strategy End Date, the Index Strategy Base plus the Index Credit applicable to that Index Strategy would be used instead of the Interim Value. 1 The oldest international stock index, it is the most common benchmark in the U.S. for foreign stock funds. With an FIA, your clients money is not actually invested in any index, but rather may earn interest based on the indexs performance. PCS is not a licensed insurance agency or broker. Rates, buffers, and floors can also be different for each index option. The Prudential Insurance Company of America - California COA # 1179. Alternatively, clients may allocate 100% of their initial Purchase Payment to the Variable Subaccounts. Prudential FlexGuard reaches $10B total sales milestone at - Newsroom Each index strategy determines how your money can grow and calculates the interest you can earn differently. Prudential Financial, Inc. of the United States 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 MG plc, a company incorporated in the United Kingdom. The content on this page is for Financial Professional use only. Prudential Financial, Inc. The product builds upon the record success of FlexGuard, the fastest-selling indexed variable annuity launch ever in the industry, achieving more than $3.5 . 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. The Insurance Charge is a combination of the Mortality & Expense Risk Charge and the Administration Charge. The Prudential FlexGuard indexed variable annuity to which this disclosure applies (the "Product") has been developed solely by . Prudential FlexGuard Indexed Variable Annuity Initial Summary Prospectus (Variable Prospectus) * Index Prospectus * Updating Summary Prospectus (Variable Prospectus) Variable Product Prospectus Prudential FlexGuard Income indexed Variable Annuity Initial Summary Prospectus (Variable Prospectus) * Index Prospectus * *The 5-year index term can only be elected at contract issue and cannot be renewed. 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. * The 5-year index term can only be elected at contract issue and cannot be renewed. I hope you found this look informative and found value in your time. Aloha! 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. margin: 20px 0; Prudential launches FlexGuard Income indexed variable annuity - a new Information contained on this site does not and is not intended to constitute an advertisement, solicitation, or offer for sale in any jurisdiction outside the United States, where such use would be prohibited or otherwise regulated. Fortitude Re has retained PICA as an unaffiliated Third-Party Administrator. Top-Selling Annuity Contracts, First Qtr 2021 Comprehensive financial planning offered through the Stages channel is more limited in scope than comprehensive financial planning offered through the Prudential Advisors distribution channel. 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. Unique to Prudential, FlexGuard's Tiered Participation Rate index strategy oers clients 100% of the positive index growth up to the tier level, and then the opportunity to accelerate their growth by capturing a percentage MORE than 100% of the index growth above that level. Fortitude Re has retained PICA as an unaffiliated Third-Party Administrator. Neither Prudential Financial, Inc. nor Assurance IQ issues, underwrites, or administers health plans or health insurance policies. During this period, if they withdraw any or all of the money from the annuity, surrender charges and a Market Value Adjustment will apply. 0000024473 00000 n
Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC, a division of S&P Global ("S&P"); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). Servicing the retirement income planning market has grown in popularity as baby boomers and retirees search for options to protect against market volatility and secure lifetime income. Use up and down arrow keys to navigate. CURRENT RATES This rate sheet provides the Cap Rate, Step Rates, Participation Rates (Par Rates) and Tier Levels currently offered on the Prudential FlexGuard indexed variable annuity. In a rising interest rate environment, increases in caps if any, may be substantially slower than increases in interest rates. Our Certified Financial Planner professional (CFP) will answer your questions FREE within 24 hours. If a Performance Lock is executed when thePerformance Lock Value has declined, clientswill lock in any loss. } Prudential Financial, its affiliates, and their financial professionals do not render tax or legal advice. padding: 15px 0 15px 0; This website is for U.S. persons only and may not be approved in all states. 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. Prudential FlexGuard income indexed variable annuity . Copywriter: Susanne Bassmann FlexGuard sales totaled $1.6 billion in the first quarter, representing 84% of total annuity sales, up from $1.2 billion in the fourth quarter of 2020, he said. The Segment Rate of Return for a Choice Segment will always be less than (a) the Performance Cap Rate and (b) the index performance rate, if positive, for that Segment. 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. Bloomberg U.S. Intermediate Credit Index:BLOOMBERG is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively "Bloomberg"). The annuity carrier has not endorsed this review in any way nor do we receive any compensation for this review. MSCI EAFE Index: The annuity contract referred to herein is not sponsored, promoted or endorsed by MSCI, and MSCI bears no liability with respect to any such annuity contract or any index referred to by any such annuity contract. Partner with us, and well invest in you. 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. Today, Prudential is one of the most recognized and one of the world's largest financial services institutions.. Pruco Life Insurance Company's Product(s) is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or 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 and Dow Jones U.S. Real Estate Index. Prudential and its affiliates are not liable for use of the Stages platform. strategies called Tiered Participation Rate and Step Rate Plus, that can enable you to accelerate a portion of your growth potential in up markets, providing you with the possibility of earning even more. Featured News Stories. Not all term and buffer options are available for each index crediting strategy. Buffer. Index Advantage Rates | Allianz Life %PDF-1.7
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Financial advisors through the Stages channel offer a no cost consultation and provide an overview of your financial life with proposed solutions for you to consider. Allianz Life Insurance Company was #1 in U.S. Investing in FlexGuard Lifes Index Strategies does not represent a direct investment in an index. Not For Use with the Public. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. All references to income certainty and guarantees, including optional benefits, are backed by the claims-paying ability of the issuing company and do not apply to the underlying investment options. Statement of Financial Condition for Prudential Investment Management Services, LLC. Not available in New York. Annuities and Life Insurance are issued by Prudential Financial companies; The Prudential Insurance Company of America (PICA) or Pruco Life Insurance Company (PLAZ) (in New York, by Pruco Life Insurance Company of New Jersey (PLNJ)), all located in Newark, NJ (main office), or an unaffiliated third-party issuer: Fortitude Life Insurance & Annuity Company (FLIAC), located in Jersey City, NJ. .RIANavBar li { One of the most valuable aspects of FlexGuard is its potential to cushion your account against loss. With FlexGuards index strategies, you can select a level of protection, called a buffer. Group Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ. Group Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ. It is a free float-adjusted market capitalization index that is designed to measure the equity market performance of 21 developed markets, excluding the U.S. and Canada. The MSCI EAFE is designed to measure the performance of a selection of stocks in 21 developed markets outside of the U.S. and Canada. Fortitude Re and the Fortitude Re logo are service marks of Fortitude Group Holdings, LLC and its affiliates. The information is not intended as investment advice and is not a recommendation about managing or investing a clients retirement savings. LINK by Prudential is an umbrella marketing name for Prudential Customer Solutions LLC ("PCS"), Prudential Annuities Distributors, Inc. and various subsidiaries of The Prudential Insurance Company of America. 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. FLIAC is not licensed to do business in New York, effective December 31, 2015, which had no impact on existing annuity contracts sold through FLIAC. transform: translate(-50%, -50%) Variable Annuities and Variable Life Insurance are distributed by Prudential Annuities Distributors, Inc. (PAD), Shelton, CT (main office). 0
At least characters must be typed in the search field in order to perform the search, PruSecure Fixed Indexed Annuity At-A-Glance. +1 973-802-8969
2023 Prudential Financial, Inc. and its related entities, Prudential, the Prudential logo, the Rock symbol, Prudential LINK and LINK by Prudential are service marks of Prudential Financial and its related entities, registered in many jurisdictions worldwide. We have also seen a high click-through to the FlexGuard Rate Sheet. FlexGuard offers you the ability to allocate amongst the following Variable Investment options, in addition to the Index Strategies. For complete information about the annuity, please refer to the PruSecure Important Information Disclosure Statement PDF opens in a new window. The product prospectus contains a more detailed description of the limited relationship MSCI has with Pruco Life Insurance Companyof New Jersey and any related annuity contracts. This is a hypothetical example for illustrative purposes only. for Prudential Investment Management Services, LLC. ** The websites referenced above are not endorsed or supported by any of the Prudential Financial companies. Gains or losses are assessed at the end of each index. Some of the products and services discussed on the Stages site are in development and may not be currently available. Use up and down arrow keys to navigate. Both are Prudential Financial companies located in Newark, NJ. 0000061397 00000 n
Each issuing insurance company is solely 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. Investors like you doing research on annuities to combat the above concerns are finding it more difficult with all the different types of annuities like hybrid annuities, equity-linked annuities, buffer annuities, fixed index annuities (FIA), and variable annuities. The best selling retirement annuity of 2021 is the registered index-linked annuity (RILA), the $17.4 billion market for structured variable annuities also sometimes referred to as a variable indexed annuity, structured variable annuity, buffer annuity, or a structured annuity is essentially a blend of the best part of a variable annuity and limited downside protection of a fixed indexed annuity (FIA).. This area is reserved for members of the news media. 2023 Prudential Financial, Inc. and its related entities, Prudential, the Prudential logo, the Rock symbol, Prudential LINK and LINK by Prudential are service marks of Prudential Financial and its related entities, registered in many jurisdictions worldwide. hb``f``b`e`~bl,+00e@L. Date Monday, April 20, 2020 2:00 PM Subject: Announcing Prudential 0000008735 00000 n
Performance Locks are as of close of business on the day the automatic target was met or the manual lock in is requested. 0000024573 00000 n
If the Index Return is positive, but less than the Cap Rate, the Index Credit is equal to theIndex Return. 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. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager, has operations in the United States, Asia, Europe, and Latin America. Variable annuities are distributed by Prudential Annuities Distributors, Inc., Shelton, CT. 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 clients or prospective clients. How life can change 'in a split second' A Prudential employee shares her story to help others realize the importance of life insurance. and has been licensed to Pruco Life Insurance Company ("Licensee"). An impartial review of the Prudential Defined Income Variable Annuity FlexGuard indexed variable annuity | Prudential Financial Fortitude Re is the marketing name for FGH Parent, L.P. and its subsidiaries, including FLIAC. for the Prudential FlexGuard Income Index Linked Variable Income Benefit (the "Benefit") available with the Annuity.