Annuities

Pricing & Fees

Annuities have contract specific fees (including surrender charges) and expenses.

For pricing and fee information, please contact PNC Investments or see the PNC Investments Overview of Products and Services.

For investors looking to generate immediate income

• Pay one single premium
• Once the income starts, it continues for life or for a specified period of time
• Income payments are determined at contract issue, based on the length of the payout period and if a single or joint life is insured
• Generally, once income starts, no changes can be made to the income being received

For conservative investors looking to supplement retirement income, provide income for a spouse or heirs, or potentially bridge an income gap

• Pay one single premium, or several flexible premiums
• Principal investment grows tax-deferred
• Fixed crediting rate is determined by the insurance company
• Cash value is available for withdrawal, if needed (though may be subject to surrender fees)
• During the accumulation phase, death benefits are paid to a named beneficiary and bypass probate

For moderate to aggressive investors – limited upside potential and no direct market exposure

• Pay one single premium, or several flexible premiums
  
• Offers downside protection in the event of market decline
• Crediting rate based, in part, on market movement of an underlying equity index (subject to participation and cap rates)
• For an additional cost, optional income riders allow for guaranteed lifetime income regardless of account value
• During the accumulation phase, death benefits are paid to a named beneficiary and bypass probate

For moderate to aggressive investors – tax-deferred market exposure to maximize income potential in retirement, or provide income for a spouse or heirs

• Pay one single premium, or several flexible premiums
  
• Provides a deferred income stream and may keep pace with inflation, potentially enabling higher returns over time
• Growth potential based on market returns and unlimited downside risk including possible loss of principal
• Cash value is available for withdrawal, if needed (though may be subject to surrender fees)
• For an additional cost, optional income riders allow for guaranteed lifetime income regardless of account value
• During the accumulation phase, death benefits are paid to a named beneficiary and by-pass probate