Before deciding on which option is the right solution, investors should consider each option and the impact on investment options, fees and expenses, services, protection from creditors and legal judgments, withdrawal rules and potential penalties, and required minimum distributions. For investors with employer stock, there are additional considerations to be aware of, such as the Net Unrealized Appreciation strategy. The FINRA Investor Alert Opens ina new window provides more information on what to consider before moving assets.
Prudential Customer Solutions (PCS) is offering a tiered cash deposit bonus (“offer”) of up to $599 for customers who open a new Prudential Managed Account (PMA) Strategic Portfolio (individual, joint or retirement account) with qualifying deposits or transfer of new funds or securities (including Rollover IRAs, Traditional IRAs, Roth IRAs) from external accounts within 60 days of account opening.
Offer may not be applicable to rollovers from any plan for which Prudential Retirement provides record keeping or other administrative services.
To receive $100 bonus, account must be funded with $10,000-$99,999. To receive $300 bonus, account must be funded with $100,000-$249,999. To receive $599 bonus, account must be funded with $250,000 or more. Bonus amounts will be included on Form 1099-INT for accounts other than Traditional IRAs, Roth IRAs and Rollover IRAs.
Qualifying new funds or securities (irrespective of any losses or gains due to market volatility or trading) must remain in the account for a minimum of 12 months or the cash bonus may be surrendered.
Please allow two weeks after 60-day account opening window for any cash deposits to post to account.
Offer not valid on 401(k) accounts, Keogh plans, profit-sharing plans, tax-exempt trusts, cash balances, 403(b) plans or current PMA account.
Offer is not transferable and is not valid in conjunction with certain other offers.
Limit one offer per account holder (SSN).
PCS and its agents reserve the right to change, cancel, restrict, revoke or terminate this offer at any time, without notice and for any reason. Other terms, conditions, and restrictions may apply.
This offer is not available to non-US residents and is not an offer or solicitation in any jurisdiction where PCS is not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction.
Any bonus will be subject to the PMA Strategic Portfolio fee and other terms of the PMA investment advisory program.
Taxes related to this offer are the customer’s responsibility. Please consult with your own tax adviser or accountant. PCS and its affiliates do not provide tax advice and none of this information should be construed as tax advice.
Offer may not be used as an inducement to sell any kind of insurance, including annuities.
For Compliance Use Only:1029238-00003-00