Prudential Retirement announced today that it has entered into an external partner distribution agreement with The Newport Group to offer Prudential IncomeFlex, Prudential’s 401(k) retirement income solution. Under the terms of the agreement, Newport, a leading retirement services and investment advisory firm, will provide fully integrated access to IncomeFlex to its new and existing clients.

“We believe that, with help, everyone can achieve a more secure retirement, and this arrangement not only expands our footprint in the retirement market, it also provides American workers outside of our client base with the opportunity to receive the guaranteed minimum withdrawal benefits IncomeFlex can deliver,” said Christine Marcks, president, Prudential Retirement. “We’re extremely pleased to partner with such a highly regarded firm as The Newport Group and ultimately increase the number of individuals that will have access to IncomeFlex.”

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