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Prudential Headquarters. Prudential Financial is based in Newark, New Jersey. It began as The Widows and Orphans Friendly Society in 1875, and for a short time it was called the Prudential Friendly Society. For many years after 1877 it was known as the Prudential Insurance Company of America, [1] a name still widely in use.
The Newark-based company is offloading its full-service retirement plan recordkeeping and administration business for $3.55 billion.
Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both retail and institutional customers throughout the United States and in over 40 other countries.
Half of middle-class workers expect to continue to working past the traditional retirement age, either due to finances or to keep active.
Empower (financial services) Empower Annuity Insurance Company of America is a retirement plan recordkeeping financial holding company based in Greenwood Village, Colorado, United States. [7] It is the second-largest retirement plan provider in the United States. [8]
At the same time, only 1 in 5 people who are 55-years-old have $447,000 or more saved for retirement, according to Prudential Financial data.
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