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Elevate Accumulator 7

Serving as another subsidiary of the global Prudential Financial, Inc., Pruco Life Insurance Company is a top-tier provider of insurance, retirement planning, and investment management products and services. The company was founded in 1971 to operate as a key constituent of Prudential’s life insurance and annuity business. With a mission to provide its clients with the growth and protection they require in retirement, the company has consistently maintained high credit scores throughout its years in the industry.

Elevate Accumulator 7

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About Product

Type

Fixed Index

Purpose

Accumulation

Term

7 Years

Surrender schedule

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, Traditional IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, 1035 Exchange, Inherited IRA, NQ Stretch, TSP, Roth Conversion (Partial), and Roth Conversion (Full)

Launch Date

06/01/2026

Elevate Accumulator is a fixed indexed annuity designed to help clients pursue asset growth while providing protection from negative index performance. The product offers interest‑crediting potential based on the selected index -based strategies and market indices. Clients are not directly invested in the market; instead, interest may be credited based on index performance subject to the applicable cap and participation rates, while principal is protected from market downturns.

Elevate Accumulator is intended for clients seeking a balanced approach to accumulation—offering growth opportunity alongside protection of principal from index‑related losses.

Available in states: AL, AK, AZ, AR, 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, NM, NC, ND, OH, OK, 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
2-Year Dimensional US Innovation PTP Participation Rate	Point to Point Biennial	150% Participation
3-Year MSCI EAFE PTP Cap	Point to Point Triennial	25% Cap
3-Year S&P 500 PTP Cap	Point to Point Triennial	25% Cap
3-Year S&P 500 PTP Participation Rate	Point to Point Triennial	35% Participation
3-Year MSCI EAFE PTP Participation Rate	Point to Point Triennial	35% Participation
3-Year Goldman Sachs Voyager PTP Participation Rate	Point to Point Triennial	225% Participation
1-Year Goldman Sachs Voyager PTP Participation Rate	Point to Point Annual	165% Participation
1-Year MSCI EAFE PTP Cap	Point to Point Annual	7.5% Cap
1-Year MSCI EAFE PTP Participation Rate	Point to Point Annual	25% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	8.75% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	25% Participation
1-Year Dimensional US Innovation PTP Cap	Point to Point Annual	13.5% Cap
1-Year Dimensional US Innovation PTP Participation Rate	Point to Point Annual	95% Participation
3-Year Dimensional US Innovation PTP Participation Rate	Point to Point Triennial	170% Participation
2-Year Goldman Sachs Voyager PTP Participation Rate	Point to Point Biennial	195% Participation
1-Year J.P. Morgan AQUA PTP Cap	Point to Point Annual	10.5% Cap
1-Year J.P. Morgan AQUA PTP Participation Rate	Point to Point Annual	90% Participation
2-Year J.P. Morgan AQUA PTP Participation Rate	Point to Point Biennial	145% Participation
3-Year J.P. Morgan AQUA PTP Participation Rate	Point to Point Triennial	160% Participation
3-Year Franklin Spotlight PTP Participation Rate	Point to Point Triennial	170% Participation
2-Year Franklin Spotlight PTP Participation Rate	Point to Point Biennial	150% Participation
1-Year Franklin Spotlight PTP Participation Rate	Point to Point Annual	95% Participation
1-Year Franklin Spotlight PTP Cap	Point to Point Annual	13.5% Cap
3-Year PGIM Quant US Multi-Asset Positioning PTP Participation Rate	Point to Point Triennial	210% Participation
2-Year PGIM Quant US Multi-Asset Positioning PTP Participation Rate	Point to Point Biennial	170% Participation
1-Year PGIM Quant US Multi-Asset Positioning PTP Participation Rate	Point to Point Annual	120% Participation
1-Year S&P 500 Performance Trigger	Performance Triggered Annual	6.8% Performance triggered
1-Year MSCI EAFE Performance Trigger	Performance Triggered Annual	6.9% Performance triggered

Surrender schedule

Year	1	2	3	4	5	6	7
Penalty	9%	9%	8%	7%	6%	5%	4%

Riders

No Riders for Elevate Accumulator 7 annuity.

Waivers

Death

The MVA and Surrender Charge do not apply to the Death Benefit.

Terminal Illness

Unavailable in states: CA

The MVA and Surrender Charge do not apply to a Withdrawal or Surrender taken as a Medically Related Surrender where the Owner (or Annuitant if your Prudential Elevate Accumulator annuity is owned by an entity) is diagnosed with a terminal illness or confined to a Medical Care Facility for 90 consecutive days (subject to regulatory approval).

Annuitization

The MVA and Surrender Charge do not apply to the Account Value applied to an Annuity Option on the Annuity Date.

RMD

The MVA and Surrender Charge do not apply to withdrawals taken from all contract types to satisfy distributions required by the tax law (“required distributions”) if the amount of the Withdrawal is calculated by Prudential based solely on the value of your Prudential Elevate Accumulator annuity.

Premium Notes

Minimum premium payment

Initial: $25,000
Subsequent: Not Permitted

Issue ages

Minimum: None
Maximum: 85
Contracts may not be issued on or after the 86th birthday of the oldest of all owners and annuitants

Withdrawal Provisions

Market Value Adjustment (MVA)Withdrawals in excess of the Free Withdrawal Amount, with the exception of Required Minimum Distributions calculated by Prudential, are subject to an MVA during the surrender charge period.This adjustment may either increase or decrease the amount withdrawn and is determined by a formula that is tied to an external indexFree WithdrawalsAfter the first contract year, clients may withdraw up to [10%] of the account value (based on the previous contract anniversary, after all index/interest credits are applied) without surrender charges or MVA.

Company Founded: 1971

TOP Rated Company

Pruco Life Insurance Company

Company Ratings

4.7