What types of annuities does Prudential offer?

Prudential offers a diverse range of annuity products designed to meet the needs of different individuals, whether they are seeking retirement income, accumulation of savings, or investment options. Generally, Prudential's offerings can be categorized into three main types of annuities: fixed annuities, variable annuities, and indexed annuities. Fixed annuities provide a guaranteed rate of return, making them an attractive choice for those who prefer stability and predictability in their income streams. These products are typically used for retirement planning, as they can offer a steady source of income during retirement years. Variable annuities, on the other hand, allow individuals to invest their premium payments in various investment options such as stocks and bonds. With variable annuities, the potential for higher returns exists, but so does the risk, as the income may fluctuate based on the performance of these investments. Indexed annuities strike a balance between the two by linking returns to a specific stock market index, offering the potential for higher returns than fixed annuities while providing a level of protection against market losses. Besides these key categories, Prudential also includes features such as income riders and death benefits that can fit various retirement strategies and financial goals. For more specific details regarding Prudential's current offerings, exploring their official website can provide up-to-date information and insights.