Investing in a variable annuity may be the answer for part of your overall retirement strategy. 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. Our Certified Financial Planner professional (CFP) will answer your questions FREE within 24 hours. PDF Prudential FlexGuard indexed variable annuity - Current Rates Perseus Mining (TSX:PRU) Dividend Yield - Gurufocus.com We have also seen a high click-through to the FlexGuard Rate Sheet. Minimum of $100 Additional Purchase Payments received between Index Anniversaries will be allocated to the Holding Account (unless the client provides instruction to allocate to any other variable investment options at that time). 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. Fixed Indexed Annuity | Prudential Financial Mix and match indices, crediting strategies, and index term options to create a customized strategy that helps meet your clients needs. The commission-based version launches today, with a fee-based version of FlexGuard . How does the issuer pay for all this? 5 years: 9%, 9%, 8%, 7%, 6% (California: 8.25%, 8%, 7.75%, 7%, 6%) 7 years: 9%, 9%, 8%, 7%, 6%, 5%, 4% (California: 8.25%, 8%, 7.75%, 7%, 6%, 5%, 4%) Rates will vary based on the surrender charge period chosen. A Stable Value Fund First Quarter 2022 Fund Fact Sheet - Page 3 qualified professional. Some of the products and services discussed on the Stages site are in development and may not be currently available. PruSecure offers two different ways for your clients to potentially grow their money: an index-based strategy and a xed rate strategy. Investing in Prudential FlexGuard or FlexGuard Income's index strategies does not represent a direct investment in an index. 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. Transfers from the Index Strategy(ies) to the Variable Subaccounts are not allowed at any time. xref 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. Your licensed financial professional can provide you with complete details. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. These advisors currently offer only insurance products issued by PICA and its affiliates (Prudential companies). Prudential FlexGuard Income is an indexed variable annuity that offers income with various levels of protection and the opportunity to capitalize on market growth, even after clients have started taking income. It is possible to lose money by investing in securities. It's up to you to determine if a fixed indexed annuity is suitable for your clients. NEWARK, N.J. -- (BUSINESS WIRE)-- Prudential Financial, Inc. ( NYSE: PRU ), launched FlexGuard today, the company's first indexed variable annuity product, designed . FlexGuard Challenge - Dual Directional - Ceros Prudential FlexGuard Life is issued by Pruco Life Insurance Company and offered through Pruco Securities, LLC (member SIPC). marisa.amador@prudential.com, Amid market volatility, Prudentials innovative investment strategy meets increased need for asset protection. They decide the percentage of their money to allocate to each and the term of each index-based strategy. Some of the products and services discussed on the Stages site are in development and may not be currently available. 0000011656 00000 n References to FLIAC shall be deemed to be references to PALAC in the jurisdictions where the name change is not yet effective. 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. It can be customized based on a client's retirement goals and adjusted as their needs change. Rates are subject to change at any time. This website is for U.S. persons only and may not be approved in all states. As of September 2021, the FlexGuard Challenge has received 3,274 unique visitors and 19,116 total page views and has resulted in over 9,350 unique leads. FlexGuard - NY offers an innovative index crediting strategyunique to Prudential, with access to variable investment options. It is designed to provide customers with partial downside protection and the opportunity to grow and accelerate the performance of their assets into the future. For more information, please visit news.prudential.com. ** The websites referenced above are not endorsed or supported by any of the Prudential Financial companies. 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. Prudential Financial, its affiliates, and their financial professionals do not render tax or legal advice. The selections you choose together with your clients are all dependent on their investment goals and their risk tolerance. The participation rate is an upper limit percentage increase used to calculate the interest that will be credited for a specific index term(s). Variable Annuities and Variable Life Insurance are distributed by Prudential Annuities Distributors, Inc. (PAD), Shelton, CT (main office). 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).. 0000021753 00000 n 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. It is generally more profitable to Prudential if you purchase insurance products that are issued by a Prudential company than a non-Prudential company. Or download ourclient-approved brochure PDF opens in new window, product prospectus opens in new window and rate sheet PDF Opens in New Window to share with clients and help educate them about FlexGuard - NY. Renewal rates may be different than those listed below. Investment advisory products and services are made available through Pruco, a registered investment adviser. 0000001346 00000 n Investing in FlexGuard Lifes Index Strategies does not represent a direct investment in an index. Asset allocation and rebalancing do not ensure a profit or guarantee against loss. This link has sublinks - To access press Enter. Use up and down arrow keys to navigate. PDF Historical Performance Cap Rates - Equitable PDF Guaranteed Interest Account - Retirement.prudential.com Compliance NumberTemplate: 1000797-00012-00, At least characters must be typed in the search field in order to perform the search. For example, if a RILA or buffer annuity has selected the optional 20% S&P 500 index protection against a market loss over one year period, an investors account would lose only 8% of its value if the market dropped by 28% in that given year because of the buffer annuity protects the first 20% loss from the market. } Fortitude Re has retained PICA as an unaffiliated Third-Party Administrator. 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. Any withdrawal taken during an index term will not be eligible to receive interest at the end of the index term. 0000005806 00000 n In providing this information, neither Prudential nor any of its affiliates or financial professionals is acting as your ERISA fiduciary. Interest credited with the participation rate would be 30% of the 20% increase, which equals 6%. 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. Suggestions may appear below after you type 3 letters. Each company (PICA, PLAZ, PLNJ, FLIAC, PAD) is solely responsible for its own financial condition and contractual obligations. 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. 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. and has been licensed to Pruco Life Insurance Company ("Licensee"). You should read the prospectuses carefully before investing. You should consider the investment objectives, risks, and charges and expenses carefully before investing in the contract and/or underlying portfolios. Prudentials A.M.Best rating is a A+ along with comdex score of 95. 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. prudential flexguard rate sheet. Receiving benefits under the terms of an accelerated death benefit rider for chronic or terminal illness will reduce and may eliminate the death benefit. .RIANavBar { hb``f``b`e`~bl,+00e@L. Unlike standard death benefits that provide only the greater of premiums paid or current account value, if your client passes away during their index term, their beneficiaries will also receive a portion of any index growth up to that point. 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. FlexGuard indexed variable annuity | Prudential Financial Prudential will not provide advice or notify clients regarding whether theyshould exercise a Performance Lock or the optimal time for doing so. 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. Lets get to it. padding: 0; /*background-color: #07639d;*/ Available through certain broker/dealers and offers select index-based strategies and terms. Prudential FlexGuard is an indexed variable annuity designed for clients looking for a level of protection and innovative growth opportunities for their retirement savings. 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. S&P 500 Index and Dow Jones US Real Estate Index: The "S&P 500 Index" and "Dow Jones U.S. Real Estate Index" are products of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates ("SPDJI"), and have been licensed for use by Pruco Life Insurance Company. It is not possible to invest directly in an index. Suggestions may appear below after you type 3 letters. The tax treatment will differ depending on whether they purchased the annuity with pre-tax (qualified) or after-tax (non-qualified) dollars. References to FLIAC shall be deemed to be references to PALAC in the jurisdictions where the name change is not yet effective. Bloomberg does not guarantee the timeliness, accurateness or completeness of any data or information relating to the Bloomberg U.S. Intermediate Credit Index, and shall not be liable in any way to or Pruco Life Insurance Company investors in or owners of PruSecure or other third parties in respect of the use or accuracy of the Bloomberg U.S. Intermediate Credit Index or any data included therein. for the Prudential FlexGuard Income Index Linked Variable Income Benefit (the "Benefit") available with the Annuity. Net loss attributable to Prudential Financial, Inc. of $558 million or $1.53 per Common share versus net income of $1.208 billion or $3.13 per share for the year-ago quarter. 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. There is risk of loss of principal if negative index returns exceed the selected protection level. The oldest international stock index, it is the most common benchmark in the U.S. for foreign stock funds. 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. 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. Prudential's book value per share also increased slightly in the quarter to $167 per share, which means it has growing shareholder equity to cover losses, even in a pandemic. Variable investment options are available but do not offer protection levels. NEWARK, N.J., May 18, 2020 - Prudential Financial, Inc. (NYSE: PRU) launched FlexGuard today, the company's first indexed variable annuity product, designed to provide customers with downside protection and the opportunity to grow and accelerate the performance of their retirement assets into the future. Marketing and training materials contained on these websites need to be approved by the Prudential Retirement Strategies Marketing Compliance Unit prior to use. The Performance Value will not fluctuate for the remainder of the existing index strategy term unless there is a withdrawal or reallocation. In part by charging 0.95% per year on and limiting the income payout rate at age 65 to 4% of the PIV for single owners and 3.5% for joint owners. 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. Any allocations to the Index Strategies must occur on an Index Anniversary. If they need more than the Free Withdrawal Amount or want to take a withdrawal in the first year, they can withdraw as much of the account value as they need, but keep in mind that surrender charges and a Market Value Adjustment (MVA) will apply. Not For Use with the Public. Prudentials diverse and talented employees help make lives better by creating financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential Financial, its affiliates, and their financial professionals do not render tax or legal advice. 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. FlexGuard - NY's Index Strategies do not represent a direct investment in an index. FlexGuard's index strategies allow customers to select strategies providing the potential to accelerate gains above and beyond the index return when certain targets are met. 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. Buffer. Variable annuities are distributed by Prudential Annuities Distributors, Inc., Shelton, CT. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its affiliates .
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