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
Carrier details
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