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Prudential Annuities.

Prudential Annuities, the domestic annuity business for Prudential Financial, has introduced Lifetime Five, a variable annuity optional living benefit that can guarantee 5% annual compounded investment growth for up to 10 years and a 5% annual withdrawal stream for life. Prudential also has launched a variable annuity optional death benefit that automatically locks in an annuity's best day of account value during the measuring period. Annual costs are 0.60% of average daily net assets for Lifetime Five and 0.50% for the enhanced death benefit.
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Title Annotation:New Products and Services
Author:Panko, Ron
Publication:Best's Review
Article Type:Brief Article
Geographic Code:1USA
Date:May 1, 2005
Words:86
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