Perseus Mining (TSX:PRU) Dividend Yield % as of today (March 01, 2023) is 1.25%. Caps, Precision Rates, and DPSCs for a 1-year term cannot be less than 1.50%. This web page is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The Initial Term (s) begin on the Issue Date. Or download ourclient-approved brochure PDF opens in new window, product prospectus opens in new window and rate sheet PDF Opens in New Window to share with clients and help educate them about FlexGuard - NY. This link has sublinks - To access press Enter. Renewal Cap Rates and Participation Rates may be higher or lower than the initial rates, but will never be less than the Guaranteed Minimum Rates. See current PruSecure rate sheet Call 833-813-2444 to register or Sign in PruSecure offers clients: Guaranteed Protection Their original premium payment and all growth are fully protected against market loss Growth Opportunity Their money can grow based on the performance of a market index or crediting strategy of their choice Started in 2010 with one company, these hybrid annuities do offer is a limited loss to an investor between 10% and 20% of the markets decline during a specified period usually a year period. Otherwise, the Index Credit is equal to the negative Index Return in excess of the Buffer. An allocation to the index options is not a purchase of shares of any stock or index fund or a direct . Available Buffers, which may vary by Index Strategy, are 10%, 15%, and 20%. This is an independent review for you to see the pros and cons of this particular annuity. } The content on this page is for Financial Professional use only. "Prudential Advisors" is a brand name of The Prudential Insurance Company of America and its subsidiaries. See current PruSecure rate sheet PDF Opens in a New Window, Call 833-813-2444 to register or Sign in, Their original premium payment and all growth are fully protected against market loss, Their money can grow based on the performance of a market index or crediting strategy of their choice, If they pass away during their index period, their beneficiaries get a portion of any index growth up to that point, They pay no taxes on any growth until they make a withdrawal. For additional important information about the products, services and companies that make them available, please click here Opens in a new window.*. Created Exclusively for Use by Financial Professionals. Prudential is not responsible for any losses related to decisions whether or not to exercise a Performance Lock. Financial advisors who are available through the Stages channel currently offer a more limited range of products and services as compared to the range of products and services offered through other Prudential distribution channels. It's up to you to determine if a fixed indexed annuity is suitable for your clients. Other proprietary Fortitude Re marks may be designated as such through the use of the SM or symbols. Each company (PICA, PLAZ, PLNJ, FLIAC, PAD) is solely responsible for its own financial condition and contractual obligations. Annuities are one of the few strategies that can accomplish both secured growth and guaranteed income. These rates are set by Prudential Annuities and effective as of the date indicated above. Please refer to the product prospectus for fund investment strategies and fee information. The Prudential FlexGuard indexed variable annuity to which this disclosure applies (the "Product") has been developed solely by . PruSecure is issued byPruco Life Insurance Company and oers clients these distinct advantages when compared with other fixed indexed annuities: For over 145years, Prudential's Rock symbol has been an icon for nancial strength and stability. ** The websites referenced above are not endorsed or supported by any of the Prudential Financial companies. } Fixed indexed annuitiesare not FDIC-insured and have limitations and surrender charges. 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. 0000001346 00000 n You also have the opportunityto grow your money in up markets by choosing from FlexGuards three index strategies. It can be customized based on a client's retirement goals and adjusted as their needs change. %%EOF Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, an international group incorporated in the United Kingdom or the Prudential Assurance Company, a subsidiary of MG plc, a company incorporated in the United Kingdom. 0000024403 00000 n The Segment Rate of Return for a Choice Segment will always be less than (a) the Performance Cap Rate and (b) the index performance rate, if positive, for that Segment. . 0000019833 00000 n } Rates are subject to change at any time. If the Index Return is positive and equal to or greater than the Cap Rate, then the Index Credit is equal tothe Cap Rate. Prudential FlexGuard commissionable annuity (B-shares) have a 6 year surrender charge starting at 7% charge in the first year and second year following with a 1% reduction every year after that. One of the most valuable aspects of FlexGuard is its potential to cushion your account against loss. With FlexGuards index strategies, you can select a level of protection, called a buffer. Low-risk investments today offer little growth opportunity, while investing in the stock market can be risky. Buffers and floors cannot change for a contract after they are established. Some of the products and services discussed on the Stages site are in development and may not be currently available. * FlexGuard index strategies help clients: FOR FINANCIAL PROFESSIONAL USE ONLY. You should consider the investment objectives, risks, and charges and expenses carefully before investing in the contract and/or underlying portfolios. See current PruSecure Advisor rate sheetPDF opens in a new window, Surrender Charge Options Rates will vary based on the surrender charge option chosen, 5 years: 2%, 2%, 2%, 2%, 2% 7 years: 2%, 2%, 2%, 2%, 2%, 2%, 2%. Each company (PICA, PLAZ, PLNJ, FLIAC, PAD) is solely responsible for its own financial condition and contractual obligations. Any withdrawal taken during an index term will not be eligible to receive interest at the end of the index term. Please use one of the browsers below or contact your IT department regarding approved options. Upon renewal or reallocation, your clients may continue with the same strategy and allocation, or choose from the other strategies and terms available at that time. The oldest international stock index, it is the most common benchmark in the U.S. for foreign stock funds. Investment advisory products and services of LINK by Prudential are made available through PCS, an SEC registered investment adviser. The product builds upon the record success of FlexGuard, the fastest-selling indexed variable annuity launch ever in the industry, achieving more than $3.5 . Growth opportunities are provided by index strategies and variable investment options. and S&P 500 company whose subsidiaries provide, , and other retirement financial products to both. You should read the prospectuses carefully before investing. .RIANavActive a:after, Dow Jones U.S. Real Estate Index is designed to track the performance of Real Estate Investment trusts (REIT) and other companies that invest directly or indirectly in real estate through development, management, or ownership, including property agencies. Prudentials iconic Rock symbol has stood for strength, stability, expertise, and innovation for more than a century. left: 50%; Prudential Financial was founded by soon to be US senator John Dryden in 1875 with its one product of burial insurance. If the Index Return is greater than or equal tothe declared Tier Level, the Index Credit is the sum of the Tier Level Index Return multiplied by theParticipation Rate for the 1st tier and the remaining Index Return multiplied by the Participation Rate forthe 2nd tier. 0000015975 00000 n padding: 0; A leading gauge of the U.S. equities market the Standard & Poors 500 Index includes 500 of the largest companies on the New York Stock Exchange and NASDAQ. It is a calculated value and is used when a withdrawal, death benefit payment, transfer, annuitization, or surrender occurs mid-term. These two index crediting strategies determine how their money may grow. Index-linked variable annuity products are complex insurance and investment vehicles. Clients' money is not actually invested in any index, but may earn interest based on the indexs performance: In this example, the cap rate is 4%, and the participation rate is 30%. One such solution is Prudential's FlexGuard indexed variable annuity. In part by charging 0.95% per year on and limiting the income payout rate at age 65 to 4% of the PIV for single owners and 3.5% for joint owners. Term: The number of years that the Shield Option is in effect. .pru-module.pru-module-12 .pru-module-rich-text-editor {width: 100%;}, See product specifications for more information on funds and fees associated PDF opens in new window. Prudential FlexGuard is an indexed variable annuity designed for clients looking for a level of protection and innovative growth opportunities for their retirement savings. 0000005769 00000 n This indexed variable annuity, also called an Registered Indexed Linked annuity, RILA, Buffer annuity, will likely be presented on three ideas: The Prudential FlexGuard Annuity is for investors that want to participate in stock market like return with a loss provision or buffer selected of 10% or 20% a year. It is generally more profitable to Prudential if you purchase insurance products that are issued by a Prudential company than a non-Prudential company. 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. Use our income modeling tool Current Index Strategy Rates and Caps Current Income Percentages and Deferral Rates CT disclosure Each subsidiary is responsible for its own financial condition and contractual obligations. * "Explicit product fees" refers to the Base Contract Fee, or Mortality & Expense Risk Charge and Administration Charge (M&E&A), that apply only to the variable investment options. FlexGuard also enables you to diversify where you put your money by allocating. Not all term and buffer options are available for each index crediting strategy. All references to income certainty and guarantees, including optional benefits, are backed by the claims-paying ability of the issuing company and do not apply to the underlying investment options. " As I mentioned, the Flexguard annuity has ZERO fees if invested in the segments and offers up to 20% downside protection. Your clients should consult a tax advisor for more information. Are you a licensed financial professional? Unlike standard death benefits that provide only the greater of premiums paid or current account value, if your client passes away during their index term, their beneficiaries will also receive a portion of any index growth up to that point. With the help of the buffer, your risk of loss could be lessened. Information contained on this site does not and is not intended to constitute an advertisement, solicitation, or offer for sale in any jurisdiction outside the United States, where such use would be prohibited or otherwise regulated. It is possible to lose money by investing in securities. Most annuities will have a 5 year, 7 year, 10 year, and 14 year surrender variation to choose from. Taking the longer surrender period will most likely give you a larger cap on indexes and a larger fixed rate option for index crediting. Typically annuities allow you to withdraw 10% of your accumulation value after the first year without surrender fees. However if you are under age 59 and a half, you are subject to a 10% IRS tax penalty as well as income taxes applied to the withdrawal. Prudential Stages is an umbrella marketing name for Pruco Securities LLC, (sometimes referred to as Pruco) doing business as Prudential Financial Planning Services, pursuant to a separate agreement. Our Certified Financial Planner professional (CFP) will answer your questions FREE within 24 hours. Our annuity review also called look is overseen by our in house Certified Financial Planner that has to put you first, as a fiduciary thru the CFP Board so you will have the confidence to use these annuities in your retirement plan after our reviews. It is not possible to invest directly in an index. At the time your clients purchase the contract, they may select a 5- or 7-year surrender charge period, which is the amount of time they must wait until they can withdraw funds from their annuity without facing a penalty charge. The Contingent Deferred Sales Charge applies to each Purchase Payment and will be applied to amounts that exceed the Free Withdrawal Amount, Client(s) may withdraw up to 10% of all Purchase Payments still within CDSC without incurring a surrender charge. Transfers from the Index Strategy(ies) to the Variable Subaccounts are not allowed at any time. If the Index Return is negative, but less than or equal to the Buffer, the Index Credit is zero. Upon renewal or reallocation at the end of a term, your clients may continue with the same strategy and allocation, or choose from any strategies and terms available at that time. One crediting strategy point to point makes it easier for you to explain and clients to understand. How does the issuer pay for all this? } By using this website, you agree that you have read and agree to our, Investments, Life Insurance, Retirement, Planning, Life Insurance, Retirement, Investments-old, Partnering with Association and Affinity Groups, Check the background of this firm on FINRA's BrokerCheck, Free Withdrawals in each contract year are not cumulative, Contingent Deferred Sales Charges will not apply to Required Minimum Distributions that Prudential calculates, Total Annualized Insurance Fees and Charges for Net Purchase Payments less than 1 Million: 1.30%, Total Annualized Insurance Fees and Charges for Net Purchase Payments of at least $1 Million: 1.20%, Subsequent Cap and Participation Rates may be higher or lower than the initial Rates, but will never be less than the Guaranteed Minimum Rates. Clients seeking information regarding their particular investment needs should contact a financial professional. Prudential, also known as "The Rock," has been in business for nearly 140 years. The buffer is the amount the Account Value is protected in the case of a negative index return. The tax treatment will differ depending on whether they purchased the annuity with pre-tax (qualified) or after-tax (non-qualified) dollars. Applicable to only Account Value allocated to the variable investment options (assessed daily as a percentage of the net assets of the variable investment options). FlexGuard - NY's Index Strategies do not represent a direct investment in an index. If they need more than the Free Withdrawal Amount or want to take a withdrawal in the first year, they can withdraw as much of the account value as they need, but keep in mind that surrender charges and a Market Value Adjustment (MVA) will apply. Featured News Stories. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by Pruco Life Insurance Company of New Jersey. FlexGuard Income is a retirement product that you and your financial professional can customize based on your unique needs. 0 Variable Annuities and Variable Life Insurance are distributed by Prudential Annuities Distributors, Inc. (PAD), Shelton, CT (main office). Gains or losses are assessed at the end of each term. Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, an international group incorporated in the United Kingdom or the Prudential Assurance Company, a subsidiary of MG plc, a company incorporated in the United Kingdom. transform: translate(-50%, -50%) A variable annuity offers a unique combination of features, including market participation through a variety of investment options; tax-deferred growth opportunities; and optional protection benefits that can provide certain accumulation, income, and beneficiary guarantees for an additional cost.