Fixed index annuity review and rates

PruSecure Select 5

The PruSecure Select annuity is a single premium deferred fixed indexed annuity. A fixed indexed annuity is a financial planning tool designed for the long term. The interest credited to an indexed annuity is based on the change in one or more external market indexes. 
Available in states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VI, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
1% Fixed
1-Year Dow Jones U.S. Real Estate PTP Cap
Point to Point
Annual
2% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
2% Cap
1-Year Fixed Account
Fixed
1% Fixed
1-Year Dow Jones U.S. Real Estate PTP Cap
Point to Point
Annual
2% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
2% Cap

Surrender schedule

Year 1 2 3 4 5
Penalty 9% 9% 8% 7% 6%
Prudential Insurance Company of America (pending approval)
Founded: 1875
A.M. Best: A+
Fitch: AA-
S&P: A+
Moody's: Aa3
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
5 years
Return of premium
Market value adjustment
Minimum contribution
$10,000
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA-Roth, NQ Stretch, and TSP