Prudential Unwraps GIFT of Simplicity, Affordability

April 6, 2018 by Cyril Tuohy

An annuity unveiled this week by Prudential Financial ushers in a new era of simplicity and affordability, company executives said.

The deferred income annuity, known as GIFT, or Guaranteed Income for Tomorrow, allows applicants to enroll through work with monthly contributions of as low as $100.

GIFT is designed to supplement retirement benefits of workers who are already taking advantage of an employer-sponsored retirement plan such as a 401(k), said Kent Sluyter, president of Prudential Annuities.

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Originally Posted at InsuranceNewsNet on April 5, 2018 by Cyril Tuohy.