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  • Key Features Of The Income Choice Annuity - Prudential Uk

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Important information Key Features of the Income Choice Annuity Important information The Financial Conduct Authority is a financial services regulator. Prudential is required to give you the important.

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The Security Benefit Choice Annuity, form 4585 (12-00), is a flexible premium deferred annuity issued by Security Benefit Life Insurance Company. Guarantees provided by annuities are subject to the financial strength of the issuing insurance company.

As was announced on April 1, 2022, Fortitude Group Holdings, LLC, (“Fortitude Re”), has completed the acquisition of one of Prudential's standalone legal entities, Prudential Annuities Life Assurance Corporation (“PALAC”).

An annuity is an insurance contract designed to turn your retirement savings into steady income, now or in the future. You pay an annuity provider for the contract, and they pay you back (with interest) over time. You can choose to receive payments over a set period—for example, monthly installments over five years.

An income annuity is not an investment that provides you with a rate of return over a fixed period of time, like a CD. Rather, it's an income product that provides you with fixed monthly income that is guaranteed for life, no matter how the markets perform. The total payout you receive will be based how long you live.

Example of an Annuity An example of an immediate annuity is when an individual pays a single premium, say $200,000, to an insurance company and receives monthly payments, say $5,000, for a fixed time period afterward. The payout amount for immediate annuities depends on market conditions and interest rates.

How your Income Choice Annuity works. It pays a regular income for life, linked to the performance of our With-Profits Fund. This means your income could change every year and could go down as well as up, as shown in your annual statement. We guarantee that we'll never pay you less than a certain amount.

Payments will be made monthly. The annuity purchase date is today. You receive your first income payment one month after the purchase date.

A lifetime annuity is a product that provides an income guaranteed to be paid for the rest of an annuitant's life. It can also provide a guaranteed income on the death of the annuitant to their dependant, if this option is selected at the outset.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232