Prudential SurePath Income Fixed Indexed Annuity


Prudential SurePath Income fixed indexed annuity is a 10-year retirement savings plan designed to create a predictable, guaranteed income for retirement. 

With the Prudential SurePath Income Fixed Indexed Annuity, you don’t have to choose between income and protection. And you’ll even have opportunities to grow your income.




Retirement can be an exciting new chapter in your life. After all, you’ve worked hard and saved so that you can live the life you’ve envisioned.

Maybe you’ll take that dream vacation or turn that hobby into a business. The possibilities are endless, and the choices are yours.

But will you have enough money to do it all?

To help you live the life you want in retirement, you’ll want a strategy that includes a way for you to turn your savings into retirement income that can last your lifetime.

And of course, you’ll also want to protect the money you worked so hard to save.


Get lifetime income with principal protection

With so many unknowns that could upset your plans for retirement, you’ll need to create a strategy that addresses a range of needs.

Available to single and spousal clients as young as age 45 for a fee of 1.00%, SurePath Income from Prudential annuities has a built-in benefit that provides protected lifetime income that grows every day until you start taking Lifetime Withdrawals.

And to help give you the peace of mind you need, SurePath Income provides 100% protection to your principal from market declines.


Grow your retirement income every day

You can choose to take income at any time. The longer you wait to take income, the more your income for retirement will grow.

And unlike other products that credit interest annually, SurePath Income credits your interest daily, so you don’t have to wait until the end of your contract year to see your Income Benefit Base grow.


Choose how your money can grow

In addition to guaranteed lifetime income, SurePath Income also provides you with 100% principal protection and the opportunity to grow your money. You have the potential to grow your money in two ways:

  • an Index-Based Strategy and
  • a Fixed Rate Strategy

Choose one or the other, or a combination of both.

You decide the percentage to allocate to each.

The performance of your chosen strategies is used to determine the amount of any Interest Credited to your contract.

The Index-Based Strategy

With the Index-Based Strategy, your money has the potential to grow based on the change in market indices that you choose.

Because indices perform differently under similar market conditions, SurePath Income currently offers you three indices to choose from, each with a Cap Rate or Participation Rate.

The Fixed Rate Strategy

The Fixed Rate Strategy is not associated with any index. It earns a fixed interest rate for a period of one year and renews annually.

We declare the initial interest rate at the time you purchase your contract.

Rates upon renewal may vary.



Choice and flexibility to help your money grow

As we covered earlier, any money you allocate to the Fixed Rate Strategy is guaranteed to grow at a predetermined interest rate for a period of one year.

Funds you allocate to an Index-Based Strategy have the potential to grow based on the performance of your chosen indices, measured from the beginning to the end of your 1 or 3-year term.

We call this “Point-to-Point” crediting.

The role of the Cap Rate and Participation Rate

With an Index-Based Strategy, you have the option to allocate your money into a strategy that is based on a Cap Rate or a Participation Rate.

These options are used in calculating the interest that may be credited to your Account Value at the end of an Index Term.

  • The Cap Rate is the upper limit of interest that can be credited at the end of a specific Index Term.
  • The Participation Rate is the percentage of any index increase used to calculate interest.

How the floor protects your principal

Your principal and earnings are protected by the safety of a floor. The floor prevents your annuity from losing value even if the index declines during your term.

With SurePath Income, your floor is 0%, which means you will never experience a negative return due to index performance.

You can also never lose your principal amount or any interest that may already be credited to your contract, as long as you take no withdrawals during the surrender charge period.



Why choose the SurePath Income Fixed Indexed Annuity?

  • Guaranteed lifetime income: Whether you take income immediately at purchase or wait, you will receive uninterrupted lifetime income for life, or your spouse’s, if you choose the spousal option.
  • Immediately boost your income: Add a 5% Income Bonus to your Income Benefit Base on day one of your contract.
  • Grow retirement income every day: Prudential, unlike other companies, will increase your Income Benefit Base daily by an annual simple interest Roll-up Rate, as long as you are not taking Lifetime Withdrawals.
  • Protection: Your principal and all Interest Credited are fully protected against negative index performance.
  • Flexibility: Customize how you allocate your money with a Fixed or Index-Based Strategy or a combination of both, and then choose your Index Term and crediting method.
  • Greater opportunity for growth with well-known and exclusive indices: Our Index-Based Strategy options come from names you’ll recognize, like the S&P 500, MSCI, EAFE, and Goldman Sachs.




Access your Account Value

While SurePath Income is designed for the long term, unexpected needs can arise where you may need your money. If that happens, you can choose:

Free Withdrawals

In the first contract year, you may withdraw up to 10% of the total premium without incurring Surrender Charges or a Market Value Adjustment (MVA). After the first contract year, you 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 an MVA.

Non-Lifetime Withdrawals

If you need to take a withdrawal but aren’t ready to start taking income, you may take an unlimited number of Non-Lifetime Withdrawals before you start taking income. Non-Lifetime Withdrawals will proportionately reduce your Guaranteed Income Amount, Income Benefit Base, and the daily credited roll-up amount by the percentage the withdrawal represents of the current Account Value.

Non-Lifetime Withdrawals are subject to Surrender Charges and an MVA during the surrender charge period.

Lifetime Withdrawals 

When you’re ready to take income, you can elect to begin receiving Lifetime Withdrawals.

The amount of income you’ll receive depends on the value of your Income Benefit Base, upon the first Lifetime Withdrawal, multiplied by the Withdrawal Percentage based on your age (or the youngest spouse’s age if you choose the spousal option) as of the issue date of the contract.

If your Account Value declines, or eventually even goes to zero (as long as the Account Value has not gone to zero due to Excess Income), your Lifetime Withdrawals will continue for the remainder of your life.

Full Surrender

If you choose to surrender your annuity, you will receive the greater of your Account Value (minus any applicable Surrender Charges and adjusted by any MVA) and your Minimum Guaranteed Surrender Value.



Legacy protection for your beneficiaries

SurePath Income offers a built-in Death Benefit for your loved ones that are equal to the greater of your Account Value or the Minimum Guaranteed Surrender Value.

If you pass away before the end of an Index Term, Prudential will credit a portion of the interest (if the index has increased, subject to the applicable Cap Rate or Participation Rate) to the Account Value.

The Interest Credited will be calculated proportionally based on the amount of time elapsed within the 1- or 3-year Index Term.

If the contract is co-owned with your spouse, the Death Benefit is payable on the death of the first owner.

The surviving spouse may choose to receive the Death Benefit as a lump-sum payment or continue the annuity at the current level.

Prudential Life Insurance is also an inexpensive way to leave a death benefit to beneficiaries.


The power of tax deferral

One of the additional benefits of an annuity is tax deferral.

With SurePath Income, you pay no taxes on any Interest Credited until you make a withdrawal, so more of your money stays in your account and working for you.

Your interest continues to compound, and your assets accumulate faster than with a taxable account.

Tax deferral can have a significant impact on how much wealth you’re able to accumulate.

How tax deferral works

With SurePath Income:

  • Your Account Value can earn interest.
  • Your interest can earn interest.
  • You earn interest on the money you would have otherwise paid in taxes.




Minimum Premium

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Enhanced Benefits

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Annuitization Required

Annual Penalty-Free Withdrawals

Death Benefit


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