In addition to one-year index term options, PruSecure offers three- and ve-year index term options, which may offer more upside potential. Use up and down arrow keys to navigate. Prudential FlexGuard reaches $10B total sales milestone at - Yahoo! Partner with us, and well invest in you. The Performance Lock Value is calculated daily and once locked,will not fluctuate for the remainder of the current Index Strategy Term, unless a withdrawal or a reallocation were to occur, and will be as of the Performance Lock Date. and has been licensed to Pruco Life Insurance Company ("Licensee"). Unique to Prudential, FlexGuard's Tiered Participation Rate index strategy oers 100% of the positive index growth up to the tier level, and then the opportunity to accelerate your growth by capturing a percentage MORE than 100% of the index growth above that level. Neither Bloomberg nor UBS guarantees the timeliness, accurateness, or completeness of any data or information relating to Bloomberg Commodity IndexSM. In providing this information, neither Prudential nor any of its affiliates or financial professionals is acting as your ERISA fiduciary. One of the advantages of PruSecure is that there are no annual contract or administrative fees. Prudential Financial, Inc. It is possible to lose money by investing in securities. Check out the current rate sheet. Annuities are issued by Pruco Life Insurance Company of New Jersey located in Newark, NJ (main office). For more information about FlexGuard Life, visit: prudential.com/landing/indexed-variable-universal-life-insurance. transform: translate(-50%, -50%) 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. Prudential, also known as "The Rock," has been in business for nearly 140 years. FlexGuard indexed variable annuity | Prudential Financial Annuity Issuers' 2022 Q4 Earnings: What They're saying | ThinkAdvisor It is generally more profitable to Prudential if you purchase insurance products that are issued by a Prudential company than a non-Prudential company. Variable Annuities and Variable Life Insurance are distributed by Prudential Annuities Distributors, Inc. (PAD), Shelton, CT (main office). 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).. You should read the prospectuses carefully before investing. border-left: 10px solid transparent; Prudential Financial, its affiliates, and their financial professionals do not render tax or legal advice. Clients seeking information regarding their particular investment needs should contact a financial professional. There is no maximum amount of Index Credit with this strategy. 0000015975 00000 n By using this website, you agree that you have read and agree to our, Investments, Life Insurance, Retirement, Planning, Life Insurance, Retirement, Investments-old, Partnering with Association and Affinity Groups, Important Information Disclosure Statement, Check the background of this firm on FINRA's BrokerCheck. %PDF-1.7 % Other proprietary Fortitude Re marks may be designated as such through the use of the SM or symbols. A leading gauge of the U.S. equities market the Standard & Poors 500 Index includes 500 of the largest companies on the New York Stock Exchange and NASDAQ. Prudential FlexGuard reaches $10B total sales milestone at record pace Caps, Precision Rates, and DPSCs for a 1-year term cannot be less than 1.50%. * The 5-year index term can only be elected at contract issue and cannot be renewed. Neither Bloomberg nor UBS Securities LLC and its affiliates (collectively, "UBS") are affiliated with Pruco Life Insurance Company, and Bloomberg and UBS do not approve, endorse, review, or recommend PruSecure. Comprehensive financial planning offered through the Stages channel is more limited in scope than comprehensive financial planning offered through the Prudential Advisors distribution channel. FlexGuard - NY and all product features are not approved for use in all states or through all broker-dealers. Prudential Financial, Inc. ( NYSE: PRU ), a global financial services leader and premier active global investment manager with more than $1.4 trillion in assets under management as of June 30,. Prudential Financial, its affiliates, and their financial professionals do not render tax or legal advice. .RIANavBar ul { Please consult with your tax and legal advisors regarding your personal circumstances. 0000008735 00000 n 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. Each company (PICA, PLAZ, PLNJ, FLIAC, PAD) is solely responsible for its own financial condition and contractual obligations. +1 973-802-8969 Are you a licensed financial professional? } Group Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ. bottom: -18px Please refer to the current rate sheet. 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. 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. First of the month following the 95th birthday of the oldest Owner/Annuitant, Annuity Payments for a Fixed Period Life Income Joint Life Income Life with Period Certain Joint Life with Period Certain. Partner with us, and well invest in you. Fortitude Re has retained PICA as an unaffiliated Third-Party Administrator. Unfortunately, that didnt rule holding agent up to a higher standard, as a fiduciary, did not pass. Prudential's FlexGuard indexed variable annuity adds Invesco QQQ ETF Suggestions may appear below after you type 3 letters. Dividend Yield % explanation, calculation, historical data and more . Investing in FlexGuard Lifes Index Strategies does not represent a direct investment in an index. The Prudential Insurance Company of America - California COA # 1179. Unpaid loans and withdrawals reduce cash values and death benefits; may reduce the duration of the guarantee against lapse, which may lapse the policy; and may have tax consequences. All guarantees and benefits of the insurance policy are backed by the credit worthiness and claims-paying claims-paying ability of Pruco Life Insurance Company and do not apply to the underlying investment options. Also, its important to note that if they take a withdrawal or annuitize the contract, taxes will apply. In providing this information, neither Prudential nor any of its affiliates or financial professionals is acting as your ERISA fiduciary. Prudential Defined Income Variable Annuity Product Specifics: Minimum age for initial purchase: 45 Maximum age for initial purchase: 85 Minimum initial purchase payment: $25,000 Prudential stated fee: 1.9% True all in fee: 2.73-3.43% Website: www.annuities.prudential.com/investor Prudential Defined Income Variable Annuity Fees: 0000018563 00000 n One crediting strategy point to point makes it easier for you to explain and clients to understand. .RIANavBar li { Other proprietary Fortitude Re marks may be designated as such through the use of the SM or symbols. Securities products and services are offered through: Pruco Securities, LLC and Prudential Investment Management Services, LLC, both members SIPC and located in Newark, NJ, or Prudential Annuities Distributors, Inc., located in Shelton, CT. All are Prudential Financial companies. FlexGuard Life performs exactly in that way, prioritizing protection, growth and access.. 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. /* .RIANavActive a:before { 0000005806 00000 n Furthermore, the underlying mutual fund fee is 0.83%. Our new website has recently launched with features that may not be fully supported by your current browser. Dow Jones U.S. Real Estate Index is designed to track the performance of Real Estate Investment Trusts (REITs) and other companies that invest directly or indirectly in real estate through development, management, or ownership, including property agencies. If the Index Return is positive and equal to or greater than the Cap Rate, then the Index Credit is equal tothe Cap Rate. .RIANavActive a:after { If you qualify, please, A retirement strategy as individual as you are. 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. This is a hypothetical example for illustrative purposes only. FlexGuard - NY offers them the opportunity to choose their buffer level as well as their term length. ** The websites referenced above are not endorsed or supported by any of the Prudential Financial companies. Low-risk investments today offer little growth opportunity, while investing in the stock market can be risky. Actual cap rates and participation ratesmay be higher or lower. Today the Prudential fee amounts to 1.9% but a few years down the line you may be paying 2.6%! How does the issuer pay for all this? Use up and down arrow keys to navigate. 0000046879 00000 n 1 Prudential FlexGuard IVUL is the second (after Equitable MSO, which has been in market largely unchanged since 2010) of what will inevitably become a new category in the life insurance market, Variable UL products with subaccounts that offer structured payoffs - in this case, buffered strategies. left: 50%; It is a calculated value and is used when a withdrawal, death benefit payment, transfer, annuitization, or surrender occurs mid-term. Allianz Life Insurance Company was #1 in U.S. There is risk of loss of principal if negative index returns exceed the selected protection level. Investing in Prudential FlexGuard or FlexGuard Income's index strategies does not represent a direct investment in an index. For additional important information about the products, services and companies that make them available, please click here Opens in a new window.*. Subject: Announcing Prudential FlexGuard indexed variable annuity Prudential FlexGuard indexed variable annuity available on or about May 18, 2020 Dear Valued Partner, . With an FIA, your clients money is not actually invested in any index, but rather may earn interest based on the indexs performance. Gains or losses are assessed at the end of each index. In providing this information, neither Prudential nor any of its affiliates or financial professionals is acting as your ERISA fiduciary. PruSecure offers two different ways for your clients to potentially grow their money: an index-based strategy and a xed rate strategy. 0000005769 00000 n It is not possible to invest directly in an index. Each issuing insurance company is solely responsible for its own financial condition and contractual obligations. font-weight: bold; 0000036749 00000 n Each subsidiary is responsible for its own financial condition and contractual obligations. } Contact your wholesaler today and have our team of experts and resources work for you. Change of Ownership terminates the Return of Purchase Payments death benefit. The information is not intended as investment advice and is not a recommendation about managing or investing a clients retirement savings. 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. list-style-type: none; 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. Bloomberg Commodity IndexSM: "Bloomberg" and "Bloomberg Commodity IndexSM" are service marks of Bloomberg Finance L.P. and its affiliates (collectively, "Bloomberg") and have been licensed for use for certain purposes by Pruco Life Insurance Company. 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. which may help limit loss in down markets, partially shielding your account in the case ofa negative index return. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by Pruco Life Insurance Company of New Jersey. Remember that the index credits are capped at a lower rate than the index itself like your index mutual funds or EFT at Charles Schwab or Fidelity. They are options held on the indexes at the annuity carriers investment department. Most indexes described above will NOT include the dividends which historically represent some returns in the case of the S&P 500 index. A copy of the prospectuses may be obtained from prudential.com or your financial professional. Some of the products and services discussed on the Stages site are in development and may not be currently available. . MSCI EAFE (Europe, Australasia, Far East) is a widely accepted benchmark for international stock performance. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. Fee-Only planners have access to Advisory or I- share fee advised structured annuities, They usually have zero surrender charges, instant liquidity, and higher index rates. These planners charge annual fees to manage the indexes around 1.00% per year of assets in the annuity. Still, a better option as these fee-only RILA annuities have higher upside cap rates than the commissionable traditional RILA/ buffer annuities. Check out, for available fee-only buffer annuities. FlexGuard indexed variable annuity - NY | Prudential Financial Prudential FlexGuard is an indexed variable annuity designed for clients looking for a level of protection and innovative growth opportunities for their retirement savings. Growth opportunities with added ability to lock in performance. 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.

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