FlexGuard
FlexGuard
Ratings:
- A.M. Best A+
- Fitch AA-
- S&P AA-
- Moody's Aa3
- Comdex 94
About Product
Flexible premium deferred index-linked and variable annuity.
Allocation Accounts
Name | Type | Rates |
---|---|---|
6-Year S&P 500 Dual Directional Cap 10% Buffer Uncapped |
Dual Directional
6-Year
|
|
6-Year S&P 500 Dual Directional Cap 15% Buffer |
Dual Directional
6-Year
|
85%
Cap
|
6-Year S&P 500 Dual Directional Cap 20% Buffer |
Dual Directional
6-Year
|
75%
Cap
|
1-Year S&P 500 Dual Directional Cap 15% Buffer |
Dual Directional
Annual
|
8%
Cap
|
1-Year S&P 500 Dual Directional Cap 10% Buffer |
Dual Directional
Annual
|
11%
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 (20% 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 (20% tier) with 10% Buffer |
Tiered Participation Rate
6-Year
|
100%
Participation
|
1-Year S&P 500 PTP Cap 30% Buffer |
Point to Point
Annual
|
8%
Cap
|
6-Year Dimensional International Equity Focus PTP Cap 30% Buffer |
Point to Point
6-Year
|
80%
Cap
|
1-Year MSCI EAFE PTP Cap 30% Buffer |
Point to Point
Annual
|
8.5%
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
|
8.5%
Cap
|
1-Year iShares Russell 2000 ETF PTP Cap 30% Buffer |
Point to Point
Annual
|
8.5%
Cap
|
6-Year S&P 500 PTP Cap 30% Buffer |
Point to Point
6-Year
|
70%
Cap
|
6-Year MSCI EAFE PTP Cap 30% Buffer |
Point to Point
6-Year
|
95%
Cap
|
6-Year AB 500 Plus PTP Cap 20% Buffer Uncapped |
Point to Point
6-Year
|
|
3-Year AB 500 Plus PTP Cap 10% Buffer Uncapped |
Point to Point
Triennial
|
|
3-Year AB 500 Plus PTP Cap 20% Buffer |
Point to Point
Triennial
|
125%
Cap
|
6-Year iShares Russell 2000 ETF PTP Cap 30% Buffer |
Point to Point
6-Year
|
80%
Cap
|
6-Year AB 500 Plus PTP Cap 30% Buffer |
Point to Point
6-Year
|
80%
Cap
|
3-Year iShares Russell 2000 ETF PTP Cap 20% Buffer |
Point to Point
Triennial
|
95%
Cap
|
1-Year S&P 500 PTP Cap 10% Buffer |
Point to Point
Annual
|
14%
Cap
|
1-Year MSCI EAFE PTP Cap 10% Buffer |
Point to Point
Annual
|
15%
Cap
|
1-Year S&P 500 PTP Cap 100% Buffer |
Point to Point
Annual
|
4%
Cap
|
3-Year S&P 500 PTP Cap 10% Buffer |
Point to Point
Triennial
|
135%
Cap
|
3-Year MSCI EAFE PTP Cap 10% Buffer Uncapped |
Point to Point
Triennial
|
|
3-Year S&P 500 PTP Cap 20% Buffer |
Point to Point
Triennial
|
120%
Cap
|
3-Year MSCI EAFE PTP Cap 20% Buffer |
Point to Point
Triennial
|
90%
Cap
|
6-Year S&P 500 PTP Cap 20% Buffer Uncapped |
Point to Point
6-Year
|
|
6-Year MSCI EAFE PTP Cap 20% Buffer |
Point to Point
6-Year
|
300%
Cap
|
1-Year S&P 500 PTP Cap 15% Buffer |
Point to Point
Annual
|
11.5%
Cap
|
1-Year MSCI EAFE PTP Cap 15% Buffer |
Point to Point
Annual
|
10.5%
Cap
|
1-Year iShares Russell 2000 ETF PTP Cap 10% Buffer |
Point to Point
Annual
|
14%
Cap
|
1-Year Invesco QQQ ETF PTP Cap 10% Buffer |
Point to Point
Annual
|
14%
Cap
|
1-Year iShares Russell 2000 ETF PTP Cap 15% Buffer |
Point to Point
Annual
|
12.5%
Cap
|
1-Year Invesco QQQ ETF PTP Cap 15% Buffer |
Point to Point
Annual
|
12.5%
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
|
65%
Participation
8.75%
Performance triggered
|
1-Year S&P 500 Step Rate Plus 5% Buffer |
Performance Triggered
Annual
|
65%
Participation
8.75%
Performance triggered
|
1-Year S&P 500 Step Rate Plus 10% Buffer |
Performance Triggered
Annual
|
65%
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
|
24%
Cap
2%
Spread
|
1-Year S&P 500 PTP Enhanced Cap with Spread A 15% Buffer |
Point to Point
Annual
|
13.5%
Cap
1.25%
Spread
|
1-Year S&P 500 PTP Enhanced Cap with Spread B 15% Buffer |
Point to Point
Annual
|
16.5%
Cap
2%
Spread
|
1-Year MSCI EAFE PTP Enhanced Cap with Spread A 10% Buffer |
Point to Point
Annual
|
32%
Cap
1.25%
Spread
|
1-Year MSCI EAFE PTP Enhanced Cap with Spread B 10% Buffer |
Point to Point
Annual
|
37%
Cap
2%
Spread
|
1-Year MSCI EAFE PTP Enhanced Cap with Spread A 15% Buffer |
Point to Point
Annual
|
18.5%
Cap
1.25%
Spread
|
1-Year MSCI EAFE PTP Enhanced Cap with Spread B 15% Buffer |
Point to Point
Annual
|
23.5%
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
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.
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
$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.
Each time you add additional premiums to your contract, a new surrender charge period begins.
Note: TSP funds have to be rolled into an IRA.
Withdrawal Provisions
You 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 Withdrawals
Client(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.