403_b_ Sticker - Prudential Annuities

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INVESTMENT OPTIONSAdvanced Series TrustAST Advanced StrategiesAST Aggressive Asset AllocationAST AllianceBernstein Core ValueAST AllianceBernstein Growth & IncomeAST AllianceBernstein Managed Index 500AST American Century Income & GrowthAST American Century Strategic AllocationAST Balanced Asset AllocationAST Capital Growth Asset AllocationAST Cohen & Steers RealtyAST Conservative Asset AllocationAST DeAM Large-Cap ValueAST DeAM Small-Cap ValueAST Federated Aggressive GrowthAST First Trust Balanced TargetAST First Trust Capital Appreciation TargetAST Goldman Sachs Concentrated GrowthAST Goldman Sachs Mid-Cap GrowthAST Goldman Sachs Small-Cap ValueAST High YieldAST International GrowthAST International ValueAST JPMorgan International EquityAST Large-Cap ValueAST Lord Abbett Bond DebentureAST Marsico Capital GrowthAST MFS Global EquityAST MFSGrowthAST Mid-Cap ValueAST Money MarketAST Neuberger Berman Mid-Cap GrowthAST Neuberger Berman Mid-Cap ValueAST Neuberger Berman Small-Cap GrowthAST PIMCO Limited Maturity BondAST PIMCO Total Return BondAST Preservation Asset AllocationAST Small-Cap GrowthAST Small-Cap ValueAST T. Rowe Price Asset AllocationAST T. Rowe Price Global BondAST T. Rowe Price Large-Cap GrowthAST T. Rowe Price Natural ResourcesAST UBS DynamicAlphaAIM Variable Insurance FundsAIM V.I. Dynamics Fund — Series I sharesAIM V.I. Financial Services Fund — Series I sharesAIM V.I. Global Health Care Fund — Series I sharesAIM V.I. Technology Fund — Series I sharesEvergreen Variable Annuity TrustGrowthInternational EquityOmegaFirst Defined Portfolio Fund, LLCFirstTrust ® 10 Uncommon ValuesGlobal Dividend Target 15NASDAQ ® Target 15S&P ® Target 24Target Managed VIPThe Dow Target DividendThe Dow SM DART 10Value Line ® Target 25Gartmore Variable Investment TrustGVIT Developing MarketsProfund VPAccess VP High YieldAsia 30BanksBasic MaterialsBearBiotechnologyBullConsumer GoodsConsumer ServicesEurope 30FinancialsHealth CareIndustrialsInternetJapanLarge-Cap GrowthLarge-Cap ValueMid-Cap GrowthMid-Cap ValueOil&GasOTCPharmaceuticalsPrecious MetalsReal EstateRising Rates OpportunitySemiconductorShort Mid-CapShort OTCShort Small-CapSmall-Cap GrowthSmall-Cap ValueTechnologyTelecommunicationsU.S. Government PlusUltraBullUltraMid-CapUltraOTCUltraSmall-CapUtilitiesRydex Variable TrustNovaOTCInverse S&P 500The <strong>Prudential</strong> Series FundSP International GrowthWells Fargo Variable TrustWells Fargo Advantage VT C&B Large Cap ValueWells Fargo Advantage VT Equity Income
CONTENTSINTRODUCTION ................................................................................... 1WHY WOULD I CHOOSE TO PURCHASE THIS ANNUITY? ............................................... 1WHAT ARE SOME OF THE KEY FEATURES OF THIS ANNUITY? .......................................... 1HOW DO I PURCHASE THIS ANNUITY? .............................................................. 1GLOSSARY OF TERMS .............................................................................. 2SUMMARY OF CONTRACT FEES AND CHARGES ........................................................ 5EXPENSE EXAMPLES ...............................................................................12INVESTMENT OPTIONS .............................................................................13WHAT ARE THE INVESTMENT OBJECTIVES AND POLICIES OF THE PORTFOLIOS? .........................13WHAT ARE THE FIXED ALLOCATIONS? .............................................................31FEES AND CHARGES ...............................................................................32WHAT ARE THE CONTRACT FEES AND CHARGES? ....................................................32WHAT CHARGES APPLY TO THE FIXED ALLOCATIONS? ...............................................33WHAT CHARGES APPLY IF I CHOOSE AN ANNUITY PAYMENT OPTION? . .................................33EXCEPTIONS/REDUCTIONS TO FEES AND CHARGES ...................................................33PURCHASING YOUR ANNUITY .......................................................................34WHAT ARE OUR REQUIREMENTS FOR PURCHASING THE ANNUITY? ....................................34MANAGING YOUR ANNUITY ........................................................................35MAY I CHANGE THE OWNER, ANNUITANT AND BENEFICIARY DESIGNATIONS? ...........................35MAY I RETURN MY ANNUITY IF I CHANGE MY MIND? . ................................................35MAY IMAKE ADDITIONAL PURCHASE PAYMENTS? ...................................................36MAY IMAKE SCHEDULED PAYMENTS DIRECTLY FROM MYBANK ACCOUNT? ...........................36MAY IMAKE PURCHASE PAYMENTS THROUGH ASALARY REDUCTION PROGRAM? .......................36MANAGING YOUR ACCOUNT VALUE .................................................................37HOW AND WHEN ARE PURCHASE PAYMENTS INVESTED? .............................................37ARE THERE RESTRICTIONS OR CHARGES ON TRANSFERS BETWEEN INVESTMENT OPTIONS? ...............37DO YOU OFFER DOLLAR COST AVERAGING? .........................................................39DO YOU OFFER ANY AUTOMATIC REBALANCING PROGRAMS? .........................................39ARE ANY ASSET ALLOCATION PROGRAMS AVAILABLE? ..............................................39DO YOU OFFER PROGRAMS DESIGNED TO GUARANTEE A “RETURN OF PREMIUM” AT A FUTURE DATE? .....39MAY IGIVE MY FINANCIAL PROFESSIONAL PERMISSION TO FORWARD TRANSACTION INSTRUCTIONS? .....40MAY IAUTHORIZE MY THIRD PARTY INVESTMENT ADVISOR TO MANAGE MYACCOUNT? .................40HOW DO THE FIXED ALLOCATIONS WORK? .........................................................41HOW DO YOU DETERMINE RATES FOR FIXED ALLOCATIONS? ..........................................42HOW DOES THE MARKET VALUE ADJUSTMENT WORK? ...............................................42WHAT HAPPENS WHEN MY GUARANTEE PERIOD MATURES? ...........................................43ACCESS TO ACCOUNT VALUE .......................................................................44WHAT TYPES OFDISTRIBUTIONS ARE AVAILABLE TO ME? ............................................44ARE THERE TAX IMPLICATIONS FOR DISTRIBUTIONS? ................................................44CAN I WITHDRAW APORTION OF MY ANNUITY? .....................................................44CAN IMAKE PERIODIC WITHDRAWALS FROM THE ANNUITY DURING THE ACCUMULATION PERIOD? .......44DO YOU OFFER A PROGRAM FOR WITHDRAWALS UNDER SECTIONS 72(t) OF THE INTERNAL REVENUECODE? ........................................................................................44WHAT ARE REQUIRED MINIMUM DISTRIBUTIONS AND WHEN WOULD I NEED TO MAKE THEM? ............45CAN I SURRENDER MY ANNUITY FOR ITSVALUE? ....................................................45WHAT TYPES OF ANNUITY OPTIONS ARE AVAILABLE? ................................................45HOW AND WHEN DO I CHOOSE THE ANNUITY PAYMENT OPTION? ......................................46HOW ARE ANNUITY PAYMENTS CALCULATED? ......................................................46LIVING BENEFIT PROGRAMS ........................................................................48DO YOU OFFER PROGRAMS DESIGNED TO PROVIDE INVESTMENT PROTECTION FOR OWNERS WHILE THEYARE ALIVE? ...................................................................................48(i)
Page 1 and 2: AMERICAN SKANDIA LIFE ASSURANCE COR
Page 3: AMERICAN SKANDIA LIFE ASSURANCE COR
Page 7 and 8: INTRODUCTIONWHY WOULD I CHOOSE TO P
Page 9 and 10: Guarantee PeriodA period of time du
Page 11 and 12: SUMMARY OF CONTRACT FEES AND CHARGE
Page 13 and 14: The following are the total annual
Page 15 and 16: UNDERLYING MUTUAL FUND PORTFOLIO AN
Page 17 and 18: Fund, LLC that allows First Trust t
Page 19 and 20: INVESTMENT OPTIONSWHAT ARE THE INVE
Page 21 and 22: STYLE/TYPEASSETALLOCA-TION/BALANCED
Page 23 and 24: STYLE/TYPEASSETALLOCA-TION/BALANCED
Page 25 and 26: STYLE/TYPEINTER-NATIONALEQUITYLARGE
Page 27 and 28: STYLE/TYPESPECIALTYASSETALLOCA-TION
Page 29 and 30: STYLE/TYPESPECIALTYSPECIALTYSPECIAL
Page 31 and 32: STYLE/TYPESPECIALTYSPECIALTYINVESTM
Page 33 and 34: STYLE/TYPEINVESTMENT OBJECTIVES/POL
Page 35 and 36: STYLE/TYPESPECIALTYSPECIALTYSPECIAL
Page 37 and 38: een passed on by the Corporations a
Page 39 and 40: combination of the Mortality & Expe
Page 41 and 42: MANAGING YOUR ANNUITYMAY I CHANGE T
Page 43 and 44: MANAGING YOUR ACCOUNT VALUEHOW AND
Page 45 and 46: DO YOU OFFER DOLLAR COST AVERAGING?
Page 47 and 48: advisor has also acted as your Fina
Page 49 and 50: Example of Positive MVAAssume that
Page 51 and 52: certain required information in wri
Page 53 and 54: the first annuity payment is determ
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Key Feature - Protected Principal V
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Allocations in support of the Prote
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e transferred to or from the Fixed
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and amount of withdrawals. The prog
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Other Important Considerations▪ W
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▪▪▪▪The Maximum Protected I
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▪▪Annuity payments madeunder th
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If you elected theLifetime Five pro
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BENEFITS UNDER THE LIFETIME FIVE PR
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We offer a program that guarantees
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We must receive your request inafor
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your life, provided that you have n
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Annual Income Amount will be steppe
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If the sum of (a) and (b) is greate
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DEATH BENEFITWHAT TRIGGERS THE PAYM
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Combination 5% Roll-up and Highest
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Annuities with Joint OwnersFor Annu
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In addition to the materials refere
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financial transactions involving pu
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After the full amount of your Purch
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CONTRACTS HELD BY TAX FAVORED PLANS
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In any event, you must begin receiv
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waive that right, in writing. Gener
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Separate Account BDuring the accumu
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WHO DISTRIBUTES ANNUITIESOFFERED BY
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administrative system, all occurred
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AMERICAN SKANDIA ADVISORS CHOICE ®
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Sub-account 2006 2005 2004 2003 200
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Sub-account 2006 2005 2004 2003 200
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Sub-account 2006 2005 2004 2003 200
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Sub-account 2006 2005 2004 2003 200
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Sub-account 2006 2005 2004 2003 200
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Sub-account 2006 2005 2004 2003 200
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Sub-account 2006 2005 2004 2003 200
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Sub-account 2006 2005 2004 2003 200
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Sub-account 2006 2005 2004 2003 200
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Sub-account 2006 2005 2004 2003 200
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Sub-account 2006 2005 2004 2003 200
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APPENDIX B-CALCULATION OF OPTIONAL
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Basic Death Benefit = max [$75,000,
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APPENDIX C-1 - ADVISOR'S CHOICE PRI
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APPENDIX C-2 - ADVISOR'S DESIGN PRI
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APPENDIX D — PERFORMANCE ADVANTAG
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APPENDIX E - PLUS40 OPTIONAL LIFE
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The charge for the Plus40 rider ma
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APPENDIX F - DESCRIPTION AND CALCUL
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If you surrender the Annuity, elect
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APPENDIX G-ADDITIONAL INFORMATION O
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APPENDIXAH - ASSET TRANSFER FORMULA
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Age 65 “a” Factors for Liabilit
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APPENDIX I - ANNUITIES APPROVED FOR
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AMERICAN SKANDIA LIFE ASSURANCE COR
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limit, your contribution is fully d
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If you die before your required beg
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AMERICAN SKANDIA LIFE ASSURANCE COR
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Requirements — You can convert am
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Excess accumulation excise tax —
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FINANCIAL DISCLOSUREAMERICAN SKANDI
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HIGHLIGHTS OF PENSION PROTECTION AC
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PRIVACY NOTICEThis notice is being
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[THIS PAGE INTENTIONALLY LEFT BLANK
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PLEASE SEND ME A STATEMENT OF ADDIT
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403_b_ Sticker - Prudential Annuities

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