Details on the backgrounds and qualifications of registered persons who conduct business with you can be found on the FINRA BrokerCheck website Opens in a new window.
Investors should carefully consider a fund's investment objectives, risks, charges, and expenses before investing. The prospectus, and if available the summary prospectus, contains complete information about the investment options available through your plan. Please call 877-778-2100 for a free prospectus and if available, a summary prospectus that contains this and other information about our mutual funds. You should read the prospectus and the summary prospectus, if available carefully before investing. It is possible to lose money when investing in securities.
Retirement counselors are registered representatives of Prudential Investment Management Services LLC (PIMS), Newark, NJ, a Prudential Financial company.
Shares of the registered mutual funds are offered by Prudential Investment Management Services LLC (PIMS), Newark, NJ. PIMS is a Prudential Financial company.
You get tax deferral of your investment earnings through the qualified retirement plan in which you participate. Because you already enjoy this tax deferral, your decision to invest in an Individual Retirement Account or other variable annuity should be based on the annuity's investment and insurance features, such as the ability to annuitize and the death benefit.
Annuities are longer term investments intended for retirement savings. They contain fee, exclusions, limitations, reductions of benefits, and terms for keeping them in force.
The sale or liquidation of any stock, bond, IRA, certificate of deposit, mutual fund, annuity, or other asset to fund the purchase of this product may have tax consequences, early withdrawal penalties, or other costs or penalties as a result of the sale or liquidation. You or your agent may wish to solicit independent legal or financial advice before selling or liquidating any assets, and prior to the purchase of any life or annuity products being solicited, offered for sale, or sold.
Amounts withdrawn before age 59½ may be subject to a 10% federal income tax penalty, applicable taxes, and plan restrictions. Withdrawals are generally taxed at ordinary income tax rates.
The PruSecure Account is a group annuity product issued by The Prudential Insurance Company of America (PICA), Newark, NJ 07102. Amounts contributed to the contract are deposited in PICA's general account. Payment obligations and the fulfillment of any guarantees specified in the group annuity contract are insurance claims supported by the full faith and credit of PICA. PICA periodically resets the interest rate credited on contract balances, subject to a minimum rate specified in the group annuity contract. Past interest rates are not indicative of future rates. This product is neither a mutual fund nor a bank product. The obligations of PICA are not insured by the FDIC or any other federal governmental agency. Prudential Retirement is compensated in connection with this product when general account investment returns exceed the interest credited on contract balances. Other than such compensation, there are no additional charges imposed that reduce the interest rate credited.
Securities products and services are offered through Prudential Investment Management Services LLC (PIMS), Newark, NJ. Member SIPC . PIMS is a Prudential Financial company. Insurance products are issued by The Prudential Insurance Company of America (California Certificate of Authority No. 1179), Newark, NJ, or its affiliates. Insurance products are issued by The Prudential Insurance Company of America, Newark, NJ, or its affiliates (California Certificate of Authority No. 1179). Prudential Retirement, Prudential Financial, PRU, Prudential and the Rock logo are registered service marks of The Prudential Insurance Company of America, Newark, NJ and its affiliates. Prudential Retirement is a Prudential Financial business.
The Prudential SmartSolution IRA invests in Prudential managed funds. Prudential Investments is a Prudential subsidiary and Prudential earns fees for managing these accounts. These fees are described in the prospectus for each fund.
Nondeposit investment products are:
- Not FDIC Insured
- Not Bank Guaranteed
- May Lose Value
- Not Guaranteed by Any Government Agency
- Not a Bank Deposit
This material is intended to provide information only. This material is not intended as advice or recommendation about investing or managing your retirement savings. By sharing this information, Prudential Retirement® is not acting as your fiduciary as defined by the Department of Labor or otherwise. If you need investment advice, please consult with a qualified professional.
Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company, Hartford, CT, or its affiliates. (California COA # 1179).
Insurance products and services offered by Prudential Retirement Insurance and Annuity Company, Hartford, CT or The Prudential Insurance Company of America, Newark, NJ. Each company is solely responsible for its financial condition and contractual obligations. Securities products and services are offered through Prudential Investment Management Services LLC (PIMS), Newark, NJ. All companies, including Prudential Retirement, are Prudential Financial companies.
Guarantees are based on the claims-paying ability of the issuing insurance company and are subject to certain limitations, terms, and conditions.
In providing this information, Prudential Retirement is not undertaking to provide impartial investment advice, or to give advice in a fiduciary capacity. Prudential Retirement may benefit from advisory and other fees paid to it or its affiliates for managing, selling, or settling of the Prudential mutual funds and other investment products or securities offered by Prudential Retirement or its affiliates. Investment vehicles sponsored or managed by a Prudential Retirement affiliate generate more revenue for the Prudential enterprise than non-proprietary investment vehicles. Prudential Retirement's sales personnel generally receive greater compensation if plan assets are invested in proprietary investment vehicles. Prudential Retirement may benefit directly from the difference between investment earnings of Prudential Retirement's stable value funds and the amount credited to deposits in those funds. Prudential Retirement may also benefit from broker-dealer or other entities’ co-sponsorship of Prudential conferences.
PIMS’ audited Statement of Financial Condition is available to view, print or download. You may request a hard copy of this document by contacting us at 888-244-6237. PIMS’ Best Execution Quality Report (SEC 606 Information) PDF opens in a new window is also available to view.
Neither Prudential Financial, nor any of its representatives, are tax or legal advisors. You are encouraged to consult your individual legal or tax advisor with any specific questions.
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