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Your Clients’ Retirement Income Certainty Can Start Today

Prudential Immediate Income Annuity
A fixed annuity that helps your clients turn their savings into guaranteed income that can last for the rest of their life.

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Call 844-207-6976 to register or     Sign in

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Offer Your Clients an Immediate Income Strategy That Is:

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Simple

One purchase payment helps provide maximum income in retirement that can begin immediately.

Certain

A consistent, guaranteed income stream that is not impacted by market volatility.

Strong

Offered by The Prudential Insurance Company of America, a highly rated, well-known company with a long and successful history of meeting financial challenges.

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How the Prudential Immediate Income Annuity Works

 

Meet Linda

At age 65, Linda is retiring and seeking immediate income. She purchases a Prudential Immediate Income Annuity for $250,000 and chooses the Life with Cash Refund payout option.
 
  • For the rest of her life, Linda will receive $15,000 annually from The Prudential Insurance Company of America
  • If Linda passes away before the full purchase payment is paid out, the difference is paid to her designated beneficiaries
  • If she lives to age 90, Linda will receive $375,000 in total payments

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For illustrative purposes only. The guaranteed income amount could be more or less depending on many factors, including when you purchase the annuity.

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A Strong Foundation for a More Secure Future

Prudential Immediate Income helps to create a solid base for your clients’ overall retirement strategy with guaranteed income that can supplement traditional income sources like Social Security and pensions.

The Freedom to Choose Payout Options

Your clients can customize their annuity by choosing from a wide variety of payout options to help meet their individual needs.

Steady Income No Matter How the Markets Perform

As part of an overall retirement strategy, Prudential Immediate Income can help your clients create a guaranteed stream of income that is not impacted by market swings.

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Prudential Immediate Income At-A-Glance

Prudential Immediate Income At-A-Glance

Features

Specifications

Minimum purchase payment

$10,000
Additional purchase payments are not permitted

Maximum issue age

89 annuitant (or oldest annuitant on Joint Life)

Death benefit1

If the owner or last surviving annuitant (or any annuitant if the owner is an entity) dies before the annuity start date, the death benefit is equal to a return of purchase payments

Payment commencement date

Payments must begin within 13 months of contract issue date

Spousal continuation

The owner’s spouse (or annuitant’s spouse in the case of entity ownership) may be able to continue the annuity instead of receiving the lump sum death benefit before the annuity start date. Spousal continuation may occur only once

Payout options2
(The payout option cannot be changed once elected)

  • Period Certain (5-25 years)
  • Single Life Only
  • Single Life with Period Certain
  • Single Life with Cash Refund
  • Single Life with Installment Refund
  • Joint Life Only with 100%, 66⅔% or 50% to Survivor
  • Joint Life with Period Certain and 100%, 66⅔% or 50% to Survivor Joint Life with Cash Refund
  • Joint Life with Installment Refund

Payment frequency
(The payment frequency cannot be changed once elected)

Monthly, quarterly, semi-annually, annually

Access
(One-time option for contract owners who have selected a Life with Period Certain payout option)

Allows contract owners to receive a percentage of the discounted present value of future Period Certain annuity payments (referred to as the Commuted Value) in one sum. Certain restrictions apply. Please see the Important Information document for more details.

 

Certain features of this product may not be available in all states.

1 If a Life Only payout option is elected and death occurs before receiving income payments, the annuity may not provide any death benefit and no purchase payments will be returned. See the Important Information document for complete details.

2 The payout option your clients select determines whether certain features, such as commutation, are available to them. Please have your clients review the Important Information document carefully before selecting the payout option.

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Partner with us, and we’ll invest in you.

Contact your wholesaler today and have our team of experts and resources work for you.

Call us at 844-207-6976

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footnote

Why does the company behind the annuity matter?

When the time comes for your clients to use the benefits that are offered by an annuity, it is important to remember that all guarantees are backed by the claims-paying ability of the issuing insurance company.

Can Prudential help me determine if an annuity is right for my clients?

It's up to you to determine if an annuity is suitable for your clients. Prudential Annuities does not provide investment advice. The selections you choose together with your clients are all dependent on their investment goals and their risk tolerance.

What happens if my clients need access to their money?
The Prudential Immediate Income Annuity provides periodic payments, but has no account value or cash surrender value, does not permit loans, and generally does not allow other withdrawals. Costs are factored into the payment amount. Annuity income payments and any distribution made under the annuity are subject to ordinary income tax and, if made prior to age 59½, may be subject to an additional 10% federal income tax penalty, sometimes referred to as an additional income tax.

Annuity contracts contain exclusions, limitations, reductions of benefits and terms for keeping them in force.

All references to income certainty and guarantees are subject to the terms of the payout option and are backed by the claims-paying ability of the issuing company.

Issued on contract: PI-SPIA/IND(2/14), et al. or state variation thereof.

For Compliance Use Only: 1003625-00001-00

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