Premier Bb Series - Prudential Annuities

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SUMMARY OF CONTRACT FEES AND CHARGESBelow is a summary of the fees and charges for the Annuity. Some fees and charges are assessed against the Annuity while others areassessed against assets allocated to the Sub-accounts. The fees and charges that are assessed against the Annuity include anyapplicable Contingent Deferred Sales Charge, Transfer Fee, Tax Charge and Annual Maintenance Fee. The charges that are assessedagainst the Sub-accounts are the Mortality and Expense Risk charge, the charge for Administration of the Annuity, and the charge forcertain optional benefits you elect. Certain optional benefits deduct a charge from the Annuity based on a percentage of a “protectedvalue.” Each underlying mutual fund portfolio assesses a fee for investment management, other expenses, and with some mutualfunds, a 12b-1 fee. The prospectus for each underlying mutual fund provides more detailed information about the expenses for theunderlying mutual funds.The following tables provide a summary of the fees and charges you will pay if you surrender your Annuity or transfer AccountValue among investment options. These fees and charges are described in more detail within this Prospectus.TRANSACTION FEES AND CHARGESCONTINGENT DEFERRED SALES CHARGE (CDSC) 1 <strong>Bb</strong> SERIESYr. 1 Yr. 2 Yr. 3 Yr. 4 Yr. 5 Yr. 6 Yr. 7 Yr. 8+7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0%1 The Contingent Deferred Sales Charges are assessed as a percentage of each applicable Purchase Payment and deducted upon surrender or withdrawal. Forpurposes of calculating this charge, we consider the year following the date of each Purchase Payment as Year 1. Purchase Payments are withdrawn on a“first-in, first-out” basis.OTHER TRANSACTION FEES AND CHARGES(assessed against each Annuity)FEE/CHARGETransfer Fee 1Maximum $20.00Current $10.00Tax Charge (current) 2 0% to 3.5%1 Currently, we deduct the fee after the 20th transfer each Annuity Year. We guarantee that the number of charge free transfers per Annuity Year will never beless than 8.2 In some states a tax is payable, either when Purchase Payments are received, upon surrender or when the Account Value is applied under an annuity option.The tax charge is assessed as a percentage of Purchase Payments, surrender value, or Account Value as applicable. We reserve the right to deduct the chargeeither at the time the tax is imposed, upon a full surrender of the Annuity, or upon annuitization. See the subsection “Tax Charge” under “Fees and Charges”in this prospectus.The following table provides a summary of the periodic fees and charges you will pay while you own your Annuity, excluding theunderlying mutual fund Portfolio annual expenses. These fees and charges are described in more detail within this Prospectus.FEE/CHARGEAnnual Maintenance Fee 1Beneficiary Continuation Option OnlyPERIODIC FEES AND CHARGES(assessed against each Annuity)Lesser of $35 or 2% of Account ValueLesser of $30 or 2% of Account Value4
ANNUAL FEES/CHARGES OF THE SUB-ACCOUNTS 2(assessed as a percentage of the daily net assets of the Sub-accounts)FEE/CHARGEMortality & Expense Risk Charge 3 0.80%Administration Charge 3 0.15%Settlement Service Charge 4 1.00%Total Annual Charges of the Sub-accounts0.95%(excluding settlement service charge)1 Assessed annually on the Annuity’s anniversary date or upon surrender. Only applicable if Account Value is less than $100,000. Fee may differ in certainstates. For beneficiaries who elect the Beneficiary Continuation Option, the fee is only applicable if Account Value is less than $25,000 at the time the fee isassessed.2 These charges are deducted daily and apply to the Sub-accounts only.3 The combination of the Mortality and Expense Risk Charge and Administration Charge is referred to as the “Insurance Charge” elsewhere in this Prospectus.4 The Mortality & Expense Risk Charge and the Administration Charge do not apply if you are a beneficiary under the Beneficiary Continuation Option. TheSettlement Service Charge applies only if your beneficiary elects the Beneficiary Continuation Option, and is expressed as an annual charge.The following table sets forth the charge for each optional benefit under the Annuity. These fees would be in addition to the periodicfees and transaction fees set forth in the tables above. The first column shows the charge for each optional benefit on a maximum andcurrent basis. Then, we show the total expenses you would pay for an Annuity if you purchased the relevant optional benefit. Morespecifically, we show the total charge for the optional benefit plus the Total Annualized Insurance Fees/Charges applicable to theAnnuity. Where the charges cannot actually be totaled (because they are assessed against different base values), we show bothindividual charges.YOUR OPTIONAL BENEFIT FEES AND CHARGES 1OPTIONAL BENEFITOPTIONAL BENEFITFEE/ CHARGETOTAL ANNUALCHARGE 2HIGHEST DAILY GRO IICurrent and Maximum Charge 4(assessed against Sub-account net assets)0.60% 1.55%HIGHEST DAILY LIFETIME 6 PLUS (HD 6 PLUS)Maximum Charge 3(assessed against greater of account value and PWV)1.50% 0.95% + 1.50%Current Charge(assessed against greater of account value and PWV)0.85% 0.95% + 0.85%HIGHEST DAILY LIFETIME 6 PLUS WITH LIFETIMEINCOME ACCELERATOR (LIA)Maximum Charge 3(assessed against greater of account value and PWV)2.00% 0.95% + 2.00%Current Charge0.95% + 1.20%1.20%(assessed against greater of account value and PWV)SPOUSAL HIGHEST DAILY LIFETIME 6 PLUS (SHD 6 PLUS)Maximum Charge 3(assessed against greater of account value and PWV)1.50% 0.95% + 1.50%Current Charge(assessed against greater of account value and PWV)0.95% 0.95% + 0.95%HIGHEST DAILY GUARANTEED RETURN OPTION (HD GRO)Current Charge and Maximum Charge 4(assessed against Sub-account net assets)0.60% 1.55%5
Page 2 and 3: 4 AST Goldman Sachs Mid-Cap Growth
Page 5: CONTENTSGLOSSARY OF TERMS .........
Page 8 and 9: Good Order: An instruction received
Page 12 and 13: YOUR OPTIONAL BENEFIT FEES AND CHAR
Page 14 and 15: 1 How Living Benefit Charges are De
Page 16 and 17: UNDERLYINGPORTFOLIOUNDERLYING MUTUA
Page 18 and 19: 1 AST Advanced Strategies Portfolio
Page 20 and 21: EXPENSE EXAMPLEThis example is inte
Page 22 and 23: Where should I invest my money? Wit
Page 24 and 25: Charges for Optional Benefits: If y
Page 26 and 27: Group I: Allowable Benefit Allocati
Page 28 and 29: Certain optional living benefits (e
Page 30 and 31: ADVANCED SERIESTRUST (“AST”)POR
Page 36 and 37: ▪ If you are not participating in
Page 38 and 39: increase the Annual Maintenance Fee
Page 40 and 41: PURCHASING YOUR ANNUITYPlease note
Page 42 and 43: Owner, Annuitant and Beneficiary De
Page 44 and 45: Account. The ability to continue th
Page 46 and 47: MANAGING YOUR ACCOUNT VALUEHOW AND
Page 48 and 49: Any transfer to or from any Sub-acc
Page 50 and 51: HOW MUCH CAN I WITHDRAW AS A FREE W
Page 52 and 53: WHAT IS A MEDICALLY-RELATED SURREND
Page 54 and 55: LIVING BENEFITSDO YOU OFFER BENEFIT
Page 56 and 57: HIGHEST DAILY GUARANTEED RETURN OPT
Page 58 and 59: pre-determined mathematical formula
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Special Considerations under HD GRO
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HD GRO, by moving assets out of cer
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▪▪▪▪▪You cannot participa
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Key Feature - Protected Income Valu
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On the date that you elect to begin
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Step-Up of the Protected Withdrawal
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Annual Income Amount for future Ann
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Additional Tax ConsiderationsIf you
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BENEFITS UNDER THE SPOUSAL LIFETIME
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As indicated, withdrawals made whil
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The Highest Daily Lifetime Five ben
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▪▪▪▪▪▪example, withdraw
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Depending on the results of the for
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Once the 90% cap feature is met, fu
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that varies based on the age of the
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▪▪If no withdrawal was ever tak
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we use 5% in the formula, irrespect
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Upon a death that triggers payment
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LIA amount at the first Withdrawal.
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Important Consideration When Electi
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each Annuity Anniversary, by perfor
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▪▪If no withdrawal was ever tak
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election to begin receiving annuity
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treatment of withdrawals. We do not
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are no assurances that future trans
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You may use the Systematic Withdraw
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In this example, 5% of the December
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▪▪If no Lifetime Withdrawal was
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difference by the amount held withi
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Additional Tax ConsiderationsIf you
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Eligibility Requirements for LIA Am
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withdraw an annual amount (the “A
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Highest Daily Auto Step-UpAn automa
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The Non-Lifetime Withdrawal will pr
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Other Important Considerations▪ W
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If you take a partial withdrawal to
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Value is equal to your Account Valu
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You must tell us if your withdrawal
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▪In the absence of an election wh
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which we are providing administrati
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to the Bond Sub-account occurs. The
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(2) The designated life is unable t
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annual amount (the “Annual Income
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Withdrawal Value and your Account V
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▪ The Account Value at benefit el
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If no Lifetime Withdrawal was ever
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designated life (except as may be n
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Calculation of the Combination 5% R
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Can I terminate the optional Death
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▪▪▪Withdrawals are not subjec
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The NYSE is closed on the following
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TAX CONSIDERATIONSThe tax considera
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If an Annuity is purchased through
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A Nonqualified annuity may also be
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account” described under Code Sec
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insurance/annuity products to plans
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WHAT IS THE SEPARATE ACCOUNT?The Se
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WHO DISTRIBUTES ANNUITIES OFFERED B
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Mutual of Omaha BankNational Planni
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concerning certain business or proc
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APPENDIX A-ACCUMULATION UNIT VALUES
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Sub-AccountsAccumulationUnit Value
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APPENDIX B-CALCULATION OF OPTIONAL
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APPENDIX C-FORMULA UNDER HIGHEST DA
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The following formula, which is set
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APPENDIX D-FORMULA UNDER HIGHEST DA
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The formula will transfer assets in
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The formula will transfer assets in
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APPENDIX E-FORMULA UNDER HIGHEST DA
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The following formula, which is set
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“a” Factors for Liability Calcu
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APPENDIX F-FORMULA FOR HIGHEST DAIL
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APPENDIX G-SPECIAL CONTRACT PROVISI
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APPENDIX H-FORMULA UNDER HIGHEST DA
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FORMULA FOR ELECTIONS OF HD GRO II
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APPENDIX I-FORMULA FOR HIGHEST DAIL
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PRUCO LIFE INSURANCE COMPANY (PRUCO
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Deducting ContributionsGenerally, y
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Required Minimum DistributionsIf yo
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traditional IRA at the end of your
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income), pension or annuity income,
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2. The payment or distribution is:a
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PRUCO LIFE INSURANCE COMPANY(A PRUD
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PLEASE SEND ME A STATEMENT OF ADDIT
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Premier Bb Series - Prudential Annuities

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