Details on the backgrounds and qualiﬁcations of registered persons who conduct business with you can be found on the FINRA BrokerCheck opens in a new window website.
Before investing in a mutual fund, consider the funds' investment objectives, risks, charges, and expenses. Please call 877-778-2100 for a prospectus or, if available, a summary prospectus containing this information. 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 representative of Prudential Investment Management Services LLC (PIMS), Newark, NJ as SEC-registered broker dealer. Brokerage services and products are offered through PIMS.
Shares of the registered mutual funds and investment products oﬀered to you through the SSIRA or Brokerage IRA accounts are provided through 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 variable annuity should be based on the account or annuity's investment and/or insurance features, such as professional management (in the case of a Prudential Managed Account) or the ability to annuitize and the death beneﬁt.
Life insurance and annuities are issued by The Prudential Insurance Company of America (sometimes referred to as “PICA”), Pruco Life Insurance Company (except in New York, issued by Pruco Life Insurance Company of New Jersey), Newark, NJ (main oﬃce). Variable annuities are distributed by Prudential Annuities Distributors, Inc., Shelton, CT and sold by registered representatives of Pruco Securities, LLC (“Pruco”), member FINRA, SIPC. All are Prudential Financial companies and each is solely responsible for its own ﬁnancial condition and contractual obligations.
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 Prudential SmartSolution IRA invests in proprietary and non-proprietary 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.
Insurance products and services are oﬀered by Prudential Retirement Insurance and Annuity Company, Hartford, CT or The Prudential Insurance Company of America, Newark, NJ. Each company is soley responsible for its ﬁnancial conditions and contractual obligations.
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 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.
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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