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FlexGuard

The FlexGuard annuity is a simple and secure way to prepare for retirement. With built-in protection from market declines, it's a stress-free solution for those looking towards the future.

FlexGuard offers personalized growth potential, allowing you to retire on your terms. It's a wise choice for a worry-free future.

FlexGuard

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Investment

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Retire At

About Product

Type

Registered Index-Linked

Purpose

Accumulation

Term

6 Years

Surrender schedule

Fee withdrawal:

10%

Flexible premium

Product Life

Market Value Adjustment

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, Profit Sharing, Traditional IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, 457 plan, 1035 Exchange, Inherited IRA, NQ Stretch, TSP, Roth Conversion (Partial), and Roth Conversion (Full)

Launch Date

05/18/2020

Product availability is subject to state and firm approval.

FlexGuard indexed variable annuity offers you a choice of levels of downside protection and the opportunity to capitalize on market growth. It also offers the opportunity to select from various index crediting strategies and variable subaccounts that determine how your money may grow, as well as how long you want to invest.

Flexible premium deferred index-linked and variable 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, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
6-Year S&P 500 Dual Directional Cap 10% Buffer	Dual Directional 6-Year	100% Cap
6-Year S&P 500 Dual Directional Cap 15% Buffer	Dual Directional 6-Year	78% Cap
6-Year S&P 500 Dual Directional Cap 20% Buffer	Dual Directional 6-Year	65% Cap
1-Year S&P 500 Dual Directional Cap 15% Buffer	Dual Directional Annual	7.5% Cap
1-Year S&P 500 Dual Directional Cap 10% Buffer	Dual Directional Annual	12% Cap
6-Year Dimensional International Equity Focus Tiered Participation Rate (20% tier) with 5% Buffer	Tiered Participation Rate 6-Year	100% Participation
6-Year iShares Russell 2000 ETF Tiered Participation Rate (20% tier) with 5% Buffer	Tiered Participation Rate 6-Year	100% Participation
6-Year AB 500 Plus Tiered Participation Rate (20% tier) with 5% Buffer	Tiered Participation Rate 6-Year	100% Participation
6-Year AB 500 Plus Tiered Participation Rate (20% tier) with 10% Buffer	Tiered Participation Rate 6-Year	100% Participation
6-Year MSCI EAFE Tiered Participation Rate (10% tier) with 5% Buffer	Tiered Participation Rate 6-Year	100% Participation
6-Year S&P 500 Tiered Participation Rate (20% tier) with 5% Buffer	Tiered Participation Rate 6-Year	100% Participation
6-Year Dimensional International Equity Focus Tiered Participation Rate (20% tier) with 10% Buffer	Tiered Participation Rate 6-Year	100% Participation
6-Year S&P 500 Tiered Participation Rate (20% tier) with 10% Buffer	Tiered Participation Rate 6-Year	100% Participation
6-Year MSCI EAFE Tiered Participation Rate (10% tier) with 10% Buffer	Tiered Participation Rate 6-Year	100% Participation
1-Year S&P 500 PTP Cap 30% Buffer	Point to Point Annual	9% Cap
6-Year Dimensional International Equity Focus PTP Cap 30% Buffer	Point to Point 6-Year	60% Cap
1-Year MSCI EAFE PTP Cap 30% Buffer	Point to Point Annual	9.75% Cap
6-Year Dimensional International Equity Focus PTP Cap 20% Buffer	Point to Point 6-Year	290% Cap
1-Year Invesco QQQ ETF PTP Cap 30% Buffer	Point to Point Annual	9.75% Cap
1-Year iShares Russell 2000 ETF PTP Cap 30% Buffer	Point to Point Annual	9.75% Cap
6-Year S&P 500 PTP Cap 30% Buffer	Point to Point 6-Year	60% Cap
6-Year MSCI EAFE PTP Cap 30% Buffer	Point to Point 6-Year	100% Cap
6-Year AB 500 Plus PTP Cap 20% Buffer	Point to Point 6-Year
3-Year AB 500 Plus PTP Cap 10% Buffer	Point to Point Triennial	95% Cap
3-Year AB 500 Plus PTP Cap 20% Buffer	Point to Point Triennial	55% Cap
6-Year iShares Russell 2000 ETF PTP Cap 30% Buffer	Point to Point 6-Year	60% Cap
6-Year AB 500 Plus PTP Cap 30% Buffer	Point to Point 6-Year	65% Cap
3-Year iShares Russell 2000 ETF PTP Cap 20% Buffer	Point to Point Triennial	55% Cap
1-Year S&P 500 PTP Cap 10% Buffer	Point to Point Annual	16% Cap
1-Year MSCI EAFE PTP Cap 10% Buffer	Point to Point Annual	17% Cap
1-Year S&P 500 PTP Cap 100% Buffer	Point to Point Annual	6% Cap
3-Year S&P 500 PTP Cap 10% Buffer	Point to Point Triennial	65% Cap
3-Year MSCI EAFE PTP Cap 10% Buffer	Point to Point Triennial
3-Year S&P 500 PTP Cap 20% Buffer	Point to Point Triennial	40% Cap
3-Year MSCI EAFE PTP Cap 20% Buffer	Point to Point Triennial	300% Cap
6-Year S&P 500 PTP Cap 20% Buffer	Point to Point 6-Year	90% Cap
6-Year MSCI EAFE PTP Cap 20% Buffer	Point to Point 6-Year
1-Year S&P 500 PTP Cap 15% Buffer	Point to Point Annual	12.25% Cap
1-Year MSCI EAFE PTP Cap 15% Buffer	Point to Point Annual	12.5% Cap
1-Year iShares Russell 2000 ETF PTP Cap 10% Buffer	Point to Point Annual	16% Cap
1-Year Invesco QQQ ETF PTP Cap 10% Buffer	Point to Point Annual	16% Cap
1-Year iShares Russell 2000 ETF PTP Cap 15% Buffer	Point to Point Annual	14.5% Cap
1-Year Invesco QQQ ETF PTP Cap 15% Buffer	Point to Point Annual	14.5% Cap
3-Year iShares Russell 2000 ETF PTP Cap 10% Buffer	Point to Point Triennial	100% Cap
6-Year iShares Russell 2000 ETF PTP Cap 20% Buffer	Point to Point 6-Year	125% Cap
1-Year MSCI EAFE Step Rate Plus 5% Buffer	Performance Triggered Annual	60% Participation 10.75% Performance triggered
1-Year S&P 500 Step Rate Plus 5% Buffer	Performance Triggered Annual	60% Participation 8.75% Performance triggered
1-Year S&P 500 Step Rate Plus 10% Buffer	Performance Triggered Annual	60% Participation 8.5% Performance triggered
1-Year S&P 500 PTP Enhanced Cap with Spread A 10% Buffer	Point to Point Annual	19% Cap 1.25% Spread
1-Year S&P 500 PTP Enhanced Cap with Spread B 10% Buffer	Point to Point Annual	23% Cap 2% Spread
1-Year S&P 500 PTP Enhanced Cap with Spread A 15% Buffer	Point to Point Annual	15.5% Cap 1.25% Spread
1-Year S&P 500 PTP Enhanced Cap with Spread B 15% Buffer	Point to Point Annual	17.5% Cap 2% Spread
1-Year MSCI EAFE PTP Enhanced Cap with Spread A 10% Buffer	Point to Point Annual	30% Cap 1.25% Spread
1-Year MSCI EAFE PTP Enhanced Cap with Spread B 10% Buffer	Point to Point Annual	35% Cap 2% Spread
1-Year MSCI EAFE PTP Enhanced Cap with Spread A 15% Buffer	Point to Point Annual	18% Cap 1.25% Spread
1-Year MSCI EAFE PTP Enhanced Cap with Spread B 15% Buffer	Point to Point Annual	23% Cap 2% Spread

Surrender schedule

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

Riders

No Riders for FlexGuard annuity.

Waivers

Hospital

Unavailable in states: CA, and MA

First confined in a Medical Care Facility after the Issue Date and while the annuity is in force, remains confined for at least 90 consecutive days. Medical Care Facility means a facility certified as a hospital or long-term care facility OR a nursing home which offers the services of a Registered Nurse (RN) or Licensed Practical Nurse (LPN) 24 hours a day.

Nursing Home

Unavailable in states: CA, and MA

Terminal Illness

Unavailable in states: CA, and MA

First diagnosed as having a Fatal Illness after the issue date and while the annuity is in force. Fatal illness means a condition diagnosed by a licensed physician and that is expected to result in death within 24 months after the diagnosis in 80% of the cases diagnosed with the condition.

Premium Notes

Minimum Purchase Payment
$25,000 minimum; qualified or non-qualified.

Additional Purchase Payments
The minimum amount allocable to any Index Strategy is $2,000, and the minimum amount allocable to any Variable Investment Subaccount is $20. Currently you may make additional Purchase Payments, provided that the payment is at least $100 ($50 minimum for electronic funds transfer (“EFT”) purchases). Any allocations to the Index Strategies must occur on an Index Anniversary.

You may make additional Purchase Payments, at any time before the earlier of (i) the Annuity Date and (ii) the oldest Owner’s 86th birthday (the Annuitant’s 86th birthday, if the Annuity is owned by an entity). No additional Purchase Payments are allowed if the Annuity is held as a Beneficiary Annuity.
Each time you add additional premiums to your contract, a new surrender charge period begins.

Withdrawal Provisions

Systematic Withdrawals During the Savings StageYou may not have a systematic withdrawal program if you are receiving substantially equal periodic payments under Sections 72(t) and 72(q) of the Code or Required Minimum Distributions. Free WithdrawalsClient(s) may withdraw up to 10% of all Purchase Payments still within CDSC without incurring a surrender charge. Free Withdrawals in each contract year are not cumulative. Contingent Deferred Sales Charges will not apply to Required Minimum Distributions that Prudential calculates.

Company Founded: 1971

TOP Rated Company

Pruco Life Insurance Company

Company Ratings

4.7