What is the minimum investment required for an annuity?
The minimum investment required for an annuity with Prudential is $5,000. This minimum investment ensures that individuals can access the benefits and features provided by the annuity product. By meeting this requirement, customers can secure their future financial stability through a low-risk, long-term investment option. With a minimum investment of $5,000, individuals can take advantage of the advantages offered by annuities, such as tax-deferred growth, guaranteed income in retirement, and potential death benefits for beneficiaries. Prudential aims to make annuities accessible to a wide range of investors, providing them with a secure and reliable investment vehicle to plan for their retirement and meet their long-term financial goals.
Answered Nov 1, 2023
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