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Asset Protection and Growth Opportunity. You Deserve Both.

PruSecure Fixed Indexed Annuity

You’ve worked hard for your money and want to protect and grow it for the future. But that can create a dilemma. Low-risk investments such as CDs and Treasury bonds offer little growth opportunity today, while investing in the stock market can be risky. But why should you have to sacrifice one for the other?

If you’re looking to protect your money from market loss and still want the potential to grow your money, the PruSecure Fixed Indexed Annuity offers you both.

Important Information about our Issuing Companies
PruSecure Fixed Indexed Annuity contracts can only be issued by either Pruco Life Insurance Company or Prudential Annuities Life Assurance Corporation (except in NY).

Please click below to determine which company is currently offering PruSecure Fixed Indexed Annuity in your state. Work together with your financial professional to ensure proper completion of all the applicable forms.

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PruSecure Offers You:

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Guaranteed Protection

Your original premium payment and any growth are fully protected against market loss

Growth Opportunity

Your money can grow based on the performance of a market index or crediting strategy of your choice

Legacy Protection with a Difference

If you pass away during your index period, your beneficiaries get a portion of any index growth up to that point

Tax Deferral

You pay no taxes on any growth until you make a withdrawal

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Watch this video to learn how PruSecure can help you get the principal protection you need and growth opportunity you want

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Transcript

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How PruSecure Works

  • PruSecure offers two different ways for you to potentially grow your money: an index-based strategy and a fixed rate strategy. You decide the percentage of your money to allocate to each, and the term of each index-based strategy.
  • Money in the fixed rate strategy is guaranteed to grow at a predetermined interest rate for a period of one year. Funds allocated to the index-based strategies have the potential to grow based on the performance of your chosen indices, comparing the value on the first day to the value on the last day of your 1-, 3-, or 5-year* term. We call this point-to-point crediting.
  • At the time you purchase a contract, you select a 5- or 7-year surrender charge period, which is the amount of time you must wait until you can withdraw funds from the annuity without facing a surrender charge and Market Value Adjustment.
  • Any withdrawal taken during an index term will not be eligible to receive interest at the end of the index term. Withdrawals taken during the surrender charge period, excluding any Required Minimum Distributions, will be subject to any applicable surrender charges and a Market Value Adjustment.
  • Upon renewal or reallocation at the end of a term, you may continue with the same strategy and allocation, or choose from any strategies and terms available at that time.
*The 5-year index term can only be elected at contract issue and cannot be renewed.

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Example: How Your Money Can Grow

Your money is not actually invested in any index, but may earn interest based on the index’s performance:

  • The cap rate is the maximum amount of interest that can be credited during a specific index term.
  • The participation rate is an upper limit percentage increase used to calculate the interest that will be credited for a specific index term(s).
  • A floor offers 100% downside protection in the event of a market loss.

In this example, the cap rate is 4%, the participation rate is 30% and the floor is always 0%.

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If the index decreased by any amount at all, you lose nothing — whether you chose the cap rate or participation rate, you are protected by the floor.

If the index increased by 3%, an amount that is less than the cap rate of 4%, the interest credited would be 3%. Interest credited with the participation rate would be 30% of the 3% increase, which equals 0.90%.

If the index increased by 20% — which is greater than the cap rate of 4% — the interest credited would be 4%. Interest credited with the participation rate would be 30% of the 20% increase, which equals 6%.

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This is a hypothetical example for illustrative purposes only. It does not reflect a specific annuity or an actual account value. Actual cap rates and participation rates may be higher or lower.

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Why Choose PruSecure

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Choose from Well-Known Indices

PruSecure offers a choice of four index-based strategies from companies whose names you’ll recognize, like the S&P 500 Index, the Bloomberg Commodity Index, the MSCi EAFE Index, and the Dow Jones U.S. Real Estate Index.

We also offer a fixed rate strategy with guaranteed growth at a set interest rate for one year.

See current PruSecure
rate sheet PDF opens in a new window 

Choose a Company You Know and Trust

Prudential has been helping people prepare for the future for more than 145 years. Our legacy of stability and leadership has made us one of the most recognized and respected names in the financial services industry.

Benefit from the Power of Tax Deferral

One of the additional benefits of an annuity is tax deferral.* With PruSecure, you pay no taxes on any interest credited until you make a withdrawal, so more of your money stays in your account and working for you. Your interest continues to compound and your assets accumulate faster than with a taxable account.

Legacy Protection with a Difference

Unlike standard death benefits that provide only the greater of premiums paid or current account value, if you pass away during your index term, your beneficiaries will also receive a portion of any index growth up to that point.

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Ask Your Financial Professional About How PruSecure Can Protect Your Money and Potentially Grow It.

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Footnotes

* Because qualified retirement plans, IRAs, and annuities offer a tax-deferral feature, you should carefully consider the other features, benefits, risks, and costs associated with an annuity before purchasing one in either a qualified plan or an IRA. Before purchasing an annuity, you should take full advantage of your 401(k) and other qualified plans.

Not FDIC Insured | Not insured by any federal government agency
Not a deposit or other obligation of, or guaranteed by, the bank or any of its affiliates​.

FAQ

What is a fixed indexed annuity?

A fixed indexed annuity (FIA) is a tax-deferred financial tool designed for the long term. It offers a level of protection for your money against loss with the opportunity for it to grow based on the performance of a specific market index, or combination of indices. With an FIA, your money is not actually invested in any index, but rather may earn interest based on the index’s performance. There may typically be upper limits known as cap rates and participation rates, on the amount of potential interest credited in a given period, as well as a floor that offers downside protection. For complete information about the annuity, please refer to the Important Information Disclosure Statement PDF opens in a new window  which is also available from your financial professional.

Why does the company behind the annuity matter?

When the time comes for you 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.

Who can help me determine if an annuity is right for me?

Your financial professional can help you determine if an annuity is suitable for you. Prudential Annuities and its distributors and representatives do not provide tax, accounting, or legal advice. Please consult your own attorney or accountant when making important investment decisions. Prudential Annuities does not provide investment advice. The selections you choose together with your financial professional are all dependent on your investment goals and your risk tolerance.

What happens if I need access to my money?

After the first contract year, you may withdraw up to 10% of the account value (based on the previous contract anniversary, after all index/interest credits are applied) without surrender charges or MVA. If you need more than the Free Withdrawal Amount, or want to take a withdrawal in the first year, you can withdraw as much of your account value as you need, but keep in mind that surrender charges and a Market Value Adjustment (MVA) will apply. If you make a full withdrawal of your annuity, you will receive the greater of your account value (minus any surrender charges and adjusted by any applicable MVA) and your Minimum Guaranteed Surrender Value. Also, it’s important to note that if you take a withdrawal or annuitize your contract, taxes will apply. The tax treatment will differ depending on whether you purchased your annuity with pre-tax (qualified) or after-tax (non-qualified) dollars. Please consult your tax advisor for more information.

Withdrawals and distributions of taxable amounts 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. Withdrawals taken during the surrender charge period, excluding any Required Minimum Distributions (RMDs), will be subject to any applicable surrender charges and a Market Value Adjustment (MVA).

Does PruSecure charge fees?

One of the advantages of PruSecure is that there are no annual contract or administrative fees. However, if you withdraw any of your money during the first contract year or more than 10% of your money in any subsequent year during the surrender charge period, there may be a surrender charge. A positive or negative MVA may also apply.

What are the limitations and restrictions I need to consider?

At the time you purchase your contract, you may select a 5- or 7-year surrender charge period, which is the amount of time you must wait until you can withdraw funds from your annuity without facing a penalty charge. Typically, the longer the surrender charge period, the higher the fixed rates and index-based cap rates and participation rates. During this period, if you withdraw any or all of the money from your annuity, surrender charges and a Market Value Adjustment (MVA) will apply. (See Important Information Disclosure Statement PDF opens in a new window  for additional information about MVAs.)

In cases where the duration of your index term is shorter than the length of your surrender charge period, you may need to renew or reallocate your strategy selections one or more times before your surrender charge period ends. When you renew or reallocate, you may continue with the same strategy and allocation, or choose from the other strategies and terms available at that time.

Disclosure

It is not possible to invest directly in an index.

All products and/or options may not be available in all states or with all broker/dealers.

Annuities are issued by Pruco Life Insurance Company located in Newark, NJ (main office) or by Prudential Annuities Life Assurance Corporation (except in NY) located in Shelton, CT. (main office). Both are Prudential Financial companies and each is solely responsible for its own financial condition and contractual obligations. Prudential Annuities is a business of Prudential Financial, Inc.

Bloomberg Commodity Index reflects changes in a broad range of commodity futures prices, from crude oil and coffee to gold and cattle.

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.

MSCI EAFE (Europe, Australasia, Far East) is a widely accepted benchmark for international stock performance. 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.

S&P 500® Index is a market capitalization-weighted index of the 500 widely held stocks often used as a proxy for the stock market. S&P chooses the member companies for the 500 based on market size, liquidity, and industry group representation.

S&P 500® Index and Dow Jones® US Real Estate Index: S&P 500® Index and Dow Jones® U.S. 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 Prudential Annuities Life Assurance Corporation and Pruco Life Insurance Company. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Prudential Annuities Life Assurance Corporation and Pruco Life Insurance Company’s Products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such products nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® Index and Dow Jones® U.S. Real Estate Index.

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. The Disclosure Statement contains a more detailed description of the limited relationship MSCI has with Prudential Annuities Life Assurance Corporation and Pruco Life Insurance Company and any related annuity contracts.

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 Prudential Annuities Life Assurance Corporation and Pruco Life Insurance Company. Neither Bloomberg nor UBS Securities LLC and its affiliates (collectively, “UBS”) are affiliated with Prudential Annuities Life Assurance Corporation or Pruco Life Insurance Company, and Bloomberg and UBS do not approve, endorse, review, or recommend PruSecure. Neither Bloomberg nor UBS guarantees the timeliness, accurateness, or completeness of any data or information relating to Bloomberg Commodity IndexSM.

Annuity contracts contain exclusions, limitations, reductions of benefits, and terms for keeping them in force. Your licensed financial professional can provide you with complete details.

Your needs and suitability of annuity products and benefits should be carefully considered before investing.

CDs are FDIC-insured up to $250,000 per financial institution, and there may be a penalty for early withdrawal. Fixed indexed annuities are not FDIC-insured and have limitations and surrender charges.

This material may not be approved in all states.

Issued on the following contracts with Prudential Annuities Life Assurance Corporation:
Contract: ICC17-FIAE(11/17), FIAE/IND(11/17) or state variation thereof.
Endorsements: ICC19-FIA-P2P(4/19), ICC19-FIA-P2P-PAR(4/19), ICC17-FIA-MVA(11/17)
Schedules: ICC19-FIA-P2P-SCH(4/19), ICC19-FIA-P2P-PAR-SCH(4/19), ICC17-FIA-MVA-SCH(11/17) or END-FIA-P2P(4/19), END-FIA-P2P-PAR(4/19), END-FIA-MVA(11/17) or state variation thereof with schedules END-FIA-P2P-SCH(11/17), SCH-FIA-P2P-PAR(4/19), END-FIA-MVA-SCH(11/17) or state variation thereof.

Issued on the following contracts with Pruco Life Insurance Company:
Contract: ICC21-P-FIAE(10/21), P-FIAE/IND(10/21) or state variation thereof.
Endorsements: ICC21-P-FIA-MVA(10/21), ICC21-P-FIA-P2P(10/21), ICC21-P-FIA-P2P-PAR(10/21), P-END-FIA-MVA(10/21), P-END-FIA-P2P(10/21), P-END-FIA-P2P-PAR(10/21) or state variation thereof with schedules ICC21-P-FIA-MVA-SCH(10/21), ICC21-P-FIA-P2P-SCH(10/21), ICC21-P-FIA-P2P-PAR-SCH(10/21), P-END-FIA-MVA-SCH(10/21), ​P-END-FIA-P2P-SCH(10/21), P-SCH-FIA-P2P-PAR(10/21)

For Compliance Use Only:

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