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Specialty |
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International
Equity |
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Small/Mid
Cap Growth |
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Small/Mid
Cap Value |
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Large-Cap
Growth |
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Large-Cap
Value |
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Profile
Portfolios |
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Fixed
Income |
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Money
Market |
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Interest Rate
Options |
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1-Year Fixed-Rate Interest Option |
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7-Year Market-Value Adjustment (MVA) Option
(Not available in MD, OR or WA)
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Prudential Profile Portfolios are constructed and managed
by investment professionals to provide an appropriate asset allocation
in line with four distinct investor profiles.
All you need to do is answer a brief series of questions, with the help
of your financial professional, and a predetermined allocation will be
recommended for you. With a single decision, you can feel confident that
you've charted a responsible course for your financial future.
Independent research has shown that asset allocation is the major factor determining portfolio performance2. We recommend that you develop your asset allocation with the assistance of a licensed financial professional who is trained to help you define financial goals and evaluate your risk tolerance. Then he or she can help you to select investment options with the potential to achieve your goals.
After an initial investment of $10,000 or more, you decide how much and how often to add to your annuity, subject to a $500 minimum.
Not sure that this is the right time to invest? Ease your way into the market by making transfers from any variable investment option or 1-year Fixed Rate Option (does not include 7-year MVA option) to one or more of the variable options. This strategy may help to smooth out the highs and lows of investing, but it does not ensure a profit or protect against a loss in a declining market. This plan involves continuous investment. You should consider your financial ability to continue purchases through periods of low price levels. Refer to the prospectus for greater detail.
3
If you need to access your money during the first seven years of the contract, you can withdraw up to 10% of your total purchase payments each year without paying a withdrawal charge3. Charge-free amounts not withdrawn in one year are available for withdrawal in subsequent years.
Withdrawals in excess of 10% are subject to a withdrawal charge. After the seventh year, there are no withdrawal charges.
If you need guaranteed income during retirement, you can choose from a variety of payout options, including lifetime payments--an income you can't outlive, which is otherwise available only from Social Security or pension plans. Other payout options include payments for a designated period (e.g., 20 years); payments based on the lives of another person and you; or a lump sum payment for the value of your contract.
To protect your beneficiary, Strategic Partners Select offers a Guaranteed Minimum Death Benefit (GMDB) that acts like a safety net to:
- Protect your principal investment for your beneficiary if death occurs before the annuity payout period begins;
- Lock in your annuity's investment gains, if any; and
- Protect against market downturns--your purchase payments compound daily at an effective annual interest rate of 5%, reduced proportionally for any withdrawals4.
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