Fixed index annuity review and rates
SurePath 7
SurePath Fixed Indexed Annuity offers clients both protection from market volatility and opportunity for growth.
The Prudential SurePath annuity is a single premium deferred fixed indexed annuity.
The Prudential SurePath annuity is a single premium deferred fixed indexed annuity.
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, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
4%
Fixed
|
| 3-Year S&P 500 PTP Participation Rate |
Point to Point
Triennial
|
45%
Participation
|
| 3-Year MSCI EAFE PTP Participation Rate |
Point to Point
Triennial
|
45%
Participation
|
| 3-Year Goldman Sachs Voyager PTP Participation Rate |
Point to Point
Triennial
|
245%
Participation
|
| 1-Year Goldman Sachs Voyager PTP Participation Rate |
Point to Point
Annual
|
185%
Participation
|
| 1-Year MSCI EAFE PTP Cap |
Point to Point
Annual
|
9.35%
Cap
|
| 1-Year MSCI EAFE PTP Participation Rate |
Point to Point
Annual
|
35%
Participation
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
9.35%
Cap
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
35%
Participation
|
| 3-Year MSCI EAFE PTP Cap |
Point to Point
Triennial
|
33%
Cap
|
| 3-Year S&P 500 PTP Cap |
Point to Point
Triennial
|
33%
Cap
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Penalty | 9% | 9% | 8% | 7% | 6% | 5% | 4% |
Prudential Insurance Company of America (pending approval)
Founded:
1875
A.M. Best:
A+
Fitch:
AA-
S&P:
A+
Moody's:
Aa3
Brochure
Free withdrawal
1st year: 0%
2nd+ year: 10%
2nd+ year: 10%
Surrender schedule
7 years
Return of premium
Market value adjustment
Minimum contribution
$25,000
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, 1035 Exchange, NQ Stretch, and TSP