Fixed index annuity review and rates
SurePath Income
SurePath Income Fixed Indexed Annuity offers your clients guaranteed lifetime income, and principal protection from market declines with growth opportunities.
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
|
3%
Fixed
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
30%
Participation
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
6%
Cap
|
| 1-Year MSCI EAFE PTP Participation Rate |
Point to Point
Annual
|
30%
Participation
|
| 1-Year MSCI EAFE PTP Cap |
Point to Point
Annual
|
6%
Cap
|
| 1-Year Goldman Sachs Voyager PTP Participation Rate |
Point to Point
Annual
|
100%
Participation
|
| 3-Year Goldman Sachs Voyager PTP Participation Rate |
Point to Point
Triennial
|
130%
Participation
|
| 3-Year MSCI EAFE PTP Participation Rate |
Point to Point
Triennial
|
40%
Participation
|
| 3-Year S&P 500 PTP Participation Rate |
Point to Point
Triennial
|
40%
Participation
|
| 3-Year S&P 500 PTP Cap |
Point to Point
Triennial
|
20%
Cap
|
| 3-Year MSCI EAFE PTP Cap |
Point to Point
Triennial
|
20%
Cap
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 10% | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| SurePath Income Rider | Yes | 1.00% annually (2.50% max) |
Prudential Insurance Company of America (pending approval)
Founded:
1875
A.M. Best:
A+
Fitch:
AA-
S&P:
A+
Moody's:
Aa3
Brochure
Free withdrawal
10%
Premium bonus
10%
Surrender schedule
10 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