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.
1CNN-Money “How do I know how much I’ll need in Retirement?” July 2017
2Guaranteed Income For Tomorrow (GIFT) is issued by Prudential Annuities Life Assurance Corporation, Shelton, CT (main office) and in New York by Pruco Life Insurance Company of New Jersey (main office in Newark, NJ), both Prudential Financial companies, which are solely responsible for their own financial condition and contractual obligations.
3Minimum 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 (three if you live in New York State when you purchase GIFT), 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.
GIFT is currently available in every state except California, Florida, New Jersey, New York, Oregon, Rhode Island, Utah. State availability is subject to change.
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.
Contributions are defined as Purchase Payments in the Contract.
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