Guaranteed income for life with IncomeFlex

What if you could turn your retirement savings into an income stream to last a lifetime? With IncomeFlex, you can.

Income for Life––Are You In?

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You may spend decades in retirement. Isn’t it reassuring to know that IncomeFlex guarantees your lifetime income? What’s more, over your working years, IncomeFlex protects your money from market downturns while benefiting your savings during market upturns. Watch this quick video and we’ll show you how.

Worried about running out of money in retirement?

You’re not alone. In fact, 6 out of 10 working Americans don't think their retirement savings will last a lifetime.1

AND THAT LIFETIME COULD BE LONG

1 out of 4 women will live to 962

1 out of 4 men will live to 932

CONSIDER TOO THAT ONE PARTNER GENERALLY OUTLIVES THE OTHER

In fact, for 75% of couples, one partner outlives the other by 5+ years2

For half of those couples, it’s 10+ years2

Keep calm! The guaranteed lifetime income solution in your plan can help you.

IncomeFlex provides guaranteed* income for your lifetime with an optional spousal benefit. Enjoy a more worry-free retirement by securing guaranteed income for life with IncomeFlex.

Footnotes

  • 1 Protected Lifetime Income Index Study - Wave 2 July 2019 (Alliance for Lifetime Income). Non-retired Americans ages 25-74.
  • 2 Data as of 2015. LIMRA Secure Retirement Institute, The Retirement Income Reference Book, 4th ed., 2018.
  • *Guarantees are based on the claims paying ability of the insurance company and are subject to certain limitations, terms and conditions. Annuity contracts contain exclusions, limitations, reductions of benefits and terms for keeping them in force.

Help protect your future by securing guaranteed lifetime income in retirement with IncomeFlex.

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Market volatility making you anxious and uncertain?

DID YOU KNOW…

In March of 2020 when the Dow experienced a nearly 3,000-point decline1 in a single day…

99% of IncomeFlex participants did not make any investment changes for the entire month.2

INCOMEFLEX DELIVERS DOWNSIDE MARKET PROTECTION

You can rest easy knowing your retirement income is always protected and guaranteed.

HOW?

IncomeFlex provides the potential to capture investment growth annually while safeguarding your guaranteed lifetime income amount.

THE RESULT?

You can feel confident investing in the market without worrying about it affecting your future income payments.

Guaranteed lifetime income gives you the confidence you need to enjoy a secure retirement.

  • 1 Historical Dow Jones data from Yahoo Finance. Chart shows closing prices between Feburary 3, 2020 and April 27, 2020.
  • 2 Prudential product behavior analysis for the time period of March 1 through March 31, 2020.

Markets can be risky—your retirement income shouldn’t be.

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Worried that adding guaranteed retirement income means losing control?

Maintaining control over your money is important, especially when you’ve been saving it for decades. In fact, a recent survey revealed that 80% of consumers said having access to their money was a top concern for electing a guaranteed income solution as part of their retirement plan.1

WITH INCOMEFLEX, THE CHOICE IS ALL YOURS

You decide how much money to transfer from your retirement account into IncomeFlex and how much to contribute with each paycheck. Change your mind? No problem. You can contribute less, transfer out, or stop altogether at any time without penalties.

ACCESS YOUR MONEY ANY TIME

As with other investments within your retirement plan, you have access to your market value at any time–while you’re saving for retirement or after you retire. And if you separate from service, you can keep your IncomeFlex guarantees by rolling them into a Prudential SmartSolution IRA.

PASS IT ON

Gain peace of mind knowing that your beneficiaries will receive any remaining market value of your IncomeFlex account should you pass away.

Take control over your retirement.
Invest with IncomeFlex.

  • 1 Fifth Annual Guaranteed Lifetime Income Study (GLIS), page 4.

It’s your retirement—you should control it.

Stay in charge with IncomeFlex

Prudential IncomeFlex Target Calculator

You can use a portion of your workplace retirement plan savings to provide dependable monthly income.

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For questions or to elect IncomeFlex, contact your Prudential Retirement representative at 877-778-2100.