Reference
Current CDA Marketplace
Identifiable U.S. contingent deferred annuity and insurance overlay offerings, based on publicly available sources.
Educational disclaimer: The information on this page is for educational purposes only and may not be complete or current. Product availability, features, fees, and regulatory status change over time. This page does not constitute a recommendation to purchase any product. Verify all information against official issuer materials, regulatory filings, and prospectuses before making any financial decision. This site is not affiliated with any insurer, broker-dealer, RIA, distributor, platform, regulator, or product issuer.
Based on public sources reviewed, currently identifiable retail and RIA-channel contingent deferred annuity or CDA-style insurance overlay offerings in the United States include the products described below. This list reflects publicly documented offerings and is not exhaustive. New products may enter the market, and existing products may be modified or discontinued.
This page distinguishes confirmed CDAs from adjacent annuity or guaranteed-income designs. A product is listed as a CDA only where primary sources (issuer materials, regulatory filings, or prospectuses) clearly support that classification.
Confirmed CDA and Insurance Overlay Offerings
Products listed below are supported by publicly available issuer materials, regulatory filings, or prospectuses.
Constance CDA
Midland National Life Insurance Company
- Classification
- Contingent deferred annuity (CDA)
- Distribution Channel
- RIA / advisor channel
- Platform or Structure
- Insurance overlay on advisor-managed accounts
- Status
- Publicly documented; verify current availability with issuer
Public Product Information
Constance CDA product page — Midland NationalIf this link does not resolve, search "Constance CDA" on midlandnational.com or contact Midland National directly to obtain current prospectus materials.
Prudential ActiveIncome
Pruco Life Insurance Company / Prudential
- Classification
- Contingent deferred annuity / insurance overlay
- Distribution Channel
- RIA / managed account platform channel
- Platform or Structure
- FIDx Insurance Overlay marketplace and affiliated wealth-management platform variants where publicly documented
- Status
- Publicly documented; verify current availability with issuer
Public Sources
If this link does not resolve, search "ActiveIncome" on prudential.com or review SEC EDGAR filings below for current prospectus materials.
FIDx Insurance Overlay marketplace SEC EDGAR full-text search: "Prudential ActiveIncome"Summary Comparison
| Product | Issuer | Classification | Channel | Platform / Structure | Filing Source | Status |
|---|---|---|---|---|---|---|
| Constance CDA | Midland National Life Insurance Company | CDA | RIA / advisor | Issuer-hosted overlay | Midland National product page | Publicly documented |
| Prudential ActiveIncome | Pruco Life / Prudential | CDA / insurance overlay | RIA / managed account platform | FIDx marketplace; affiliated platforms | Prudential product page | Publicly documented |
Table reflects publicly available information at time of review. Product details, availability, and status may change. Verify against current issuer materials and regulatory filings.
Adjacent and In-Plan Lifetime Income Solutions
In the qualified-plan market, many lifetime income solutions are adjacent to CDAs but use different legal or product structures. This page distinguishes confirmed CDAs from adjacent annuity or guaranteed-income designs. A product is not labeled a CDA on this page unless a primary source clearly supports that classification.
Many in-plan 401(k) and defined contribution retirement income products are not necessarily true contingent deferred annuities. The qualified-plan market includes a range of lifetime income structures, including:
Group annuity contracts
Insurance contracts issued to a plan sponsor rather than to individual participants. The annuity obligation runs to the plan, not directly to the participant.
Deferred income annuities (DIAs)
Contracts that provide income beginning at a future date (such as age 80 or 85), purchased during the accumulation phase. Sometimes called longevity annuities or qualifying longevity annuity contracts (QLACs) in the qualified-plan context.
Target-date funds with annuity components
Managed fund structures that incorporate an annuity or guaranteed income component within a target-date fund wrapper. The annuity may be a group annuity, a deferred income annuity, or another structure.
GLWB-like structures within managed accounts
Guaranteed lifetime withdrawal benefit features embedded in managed account or collective investment trust structures. These may resemble CDA overlays but may use different legal forms.
Managed payout designs
Investment strategies designed to provide systematic withdrawals over a retirement period, without an insurance guarantee. These are not annuities and do not provide a lifetime income guarantee backed by an insurer.
If you are researching a specific in-plan product and want to determine whether it is a CDA, review the plan's summary plan description, the insurance contract or group annuity contract, and any regulatory filings associated with the product. Consult a qualified financial or legal professional for product-specific guidance.
Submit a Correction or Addition
If you know of a current CDA, insurance overlay, prospectus, regulatory filing, or product page that should be added or corrected, please submit it for editorial review. This resource prioritizes official issuer materials, regulatory filings, and primary-source documents.
Submit a resource or correction