Prudential MyRock Advisor Variable Annuity

A variable annuity is a contract with an insurance company. It's a long-term investment designed for retirement purposes. You invest money in professionally managed investment portfolios, where it accumulates tax-deferred. Investment returns and the principal value of an investment will fluctuate so that an investor’s units, when redeemed, may be worth more or less than the original investment. When you retire, your investment can be used to generate a stream of regular income payments that are guaranteed for as long as you live. In addition, variable annuities may provide a guaranteed death benefit for your beneficiaries. It's important to remember that annuity contracts contain exclusions, limitations, reductions of benefits, and terms for keeping them in force.

When the time comes for you to use the benefits that are offered by a variable annuity, it is important to remember that all references to income certainty and guarantees, including the optional benefits, are backed by the claims-paying ability of the issuing insurance company and do not apply to the underlying investment options.

A financial professional can help you determine if a variable annuity is suitable for you. Prudential Annuities and its distributors and representatives do not provide tax, accounting, or legal advice. Please consult your own attorney or accountant when making important investment decisions. Prudential Annuities does not provide investment advice. The selections you choose together with your financial professional are all dependent on your investment goals and your risk tolerance. You should carefully consider your financial needs before investing in annuity products and benefits.

There are limitations and restrictions when making withdrawals. Withdrawals and distributions of taxable amounts are subject to ordinary income tax and, if made prior to age 59½, may be subject to a 10% additional tax. Withdrawals reduce the account value and the living and death benefits proportionately.

MyRock Advisor is available at an annual insurance charge of 0.40% for net purchase payments less than $1 million and 0.25% for net purchase payments of $1 million or greater, with additional fees related to the professionally managed investment portfolios. We reserve the right to increase the insurance charge for new contracts up to 2.00%. The Dynamic Income Benefit is available for an additional annual benefit charge of 0.40%. We reserve the right to increase the Dynamic Income Benefit charge for new elections of the benefit and, for existing contracts, after the third benefit year up to 1.00%. The Return of Purchase Payments Death Benefit is available for an additional annual benefit charge of 0.10%. We reserve the right to increase the benefit charge for new contracts up to 0.50%. Additional fees, such as withdrawal fees, transfer fees, and administrative fees also apply. Please see the prospectus for additional information.

An additional Fund Access Charge will be charged for allocations to certain investment options and is detailed in the prospectus.

The product and/or optional benefits may not be available in every state and have requirements for election and other restrictions. 

With the Dynamic Income Benefit, Excess Income—Income Withdrawals in any benefit year, including withdrawals of Required Minimum Distributions (RMDs), that alone or in combination with other Income Withdrawals exceed the available Annual Income Amount (AIA) and any unused AIA—impacts the value of your benefit and can also affect the certainty of your income. If any excess income is taken, only the portion of the excess income that exceeds the remaining AIA will proportionally reduce your Income Base. If your excess income reduces the Account Value to zero, no further amount would be payable, and the benefit and the contract terminate. Please note that any withdrawals made before the first income withdrawal will reduce the Account Value and Income Base by that amount.