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| Why choose a modified guaranteed annuity? |
| Modified guaranteed annuities offer predictable
earnings for a selected guarantee period, such as five, seven or ten years. They can be attractive to investors who want returns without
the uncertainty of the equities markets. |
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| How does it work? |
| To earn the guaranteed rate, you must
hold the annuity contract to the end of the guarantee period.1
Early withdrawals can result in a market value adjustment2,
and perhaps a withdrawal charge. |
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| Earnings are not taxed until withdrawn,
most likely during your retirement. Withdrawals of earnings are subject
to ordinary income tax to the extent of gain and a 10% federal income
tax penalty may apply prior to age 59 ½. You have a choice
of payout options, including a lifetime income. |
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| Protect your principal while you earn
a fixed rate of interest if the contract is held to maturity. You
choose the payout option and can also safeguard your beneficiaries
with a probate-free death benefit. Issued by Pruco Life Insurance
Company, Newark, NJ.3 |
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| If you die after payments begin and within
the Designated Period or Installment Refund Period, payments will
continue to your beneficiary. |
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