What Could Your Retirement Be Like With Guaranteed Income For Life?
If you’re like most Americans, you’re probably worried about how you’ll afford retirement. You either haven’t saved or haven’t saved enough. You’re concerned that a volatile market might put the money you have been able to put away at risk. You may worry that you aren’t savvy enough to make what you have saved last.
Guaranteed Income For Tomorrow (GIFT) is issued by Prudential Annuities Life Assurance Corporation, Shelton, CT (main office), which is solely responsible for its own financial condition and contractual obligations.
Minimum monthly contributions are $100 if you set an income start date that’s more than 20 years from the date you enroll. The monthly minimum is $200 if you set an income start date that’s 20 years or less from the date you enroll. If you do not contribute to your contract for two full years, and the total monthly Annuity Income Payment you have built up so far is less than $20, we reserve the right to terminate your contract and pay you a lump sum.
Because qualified retirement plans, IRAs and fixed annuities offer a tax-deferral feature, you should carefully consider the other features, benefits, risks, and costs associated with a fixed annuity before purchasing one. Before purchasing a fixed annuity, you should take full advantage of your 401(k) and other qualified plans.
GIFT is not a charitable gift annuity or a gift annuity; there is no actual gift or tax deduction.
All guarantees are based upon the claims-paying ability of the issuing company.
Annuity contracts contain exclusions, limitations, reductions of benefits and terms for keeping them in force.
Annuity Income Payments and any distribution made under the annuity are subject to ordinary income tax.
Prudential Financial and its affiliates do not render tax or legal advice.
GIFT is distributed through direct response solicitation with no financial professional. You need to determine if GIFT is right for you. We are providing educational materials so you can
make an informed decision.
GIFT may not be available in all states.
Contributions are defined as Purchase Payments in the Contract.
MDIA/IND(1/18) (or state variation thereof)
For Compliance Use Only