Security • Flexibility • Protection

60% | Retirees who cite “ability to withdraw additional funds from account if needed” as #1 most desired retirement income product feature.1

Product Brochure


The world may hold uncertainty. Retirements need not. Clear Income Advantage delivers peace of mind through security and flexibility.


Fact Sheet


Get more out of retirement. More income. More security. More flexibility. Learn more about Clear Income Advantage.

Fact Sheet

Backed by the #1 annuity provider with the highest financial ratings in the U.S.2,3 

Call the New York Life Annuities Sales Desk at (888) 474-7725 for more information.



Rates effective as of

    New York Life Clear Income Advantage Fixed Annuity4

    Issue Age

    Deferring Income Start Date

    Single Life

    Joint Life

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    Based on the life with cash refund option for a policy purchased by a male annuitant with $100,000. These payout rates, which include both interest and return principal. The rates represent the annualized payout as percent of total premium.

    4. The New York Life Clear Income Advantage Fixed Annuity–FP Series, a fixed deferred annuity with a Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider, is issued by New York Life Insurance and Annuity Corporation (NYLIAC) (A Delaware Corporation), a wholly owned subsidiary of New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010. Rates are subject to change at any time. All guarantees are dependent upon the claims-paying ability of NYLIAC. Products available in approved jurisdictions. There is an annual rider fee of 0.95% of the Accumulation Value that is deducted quarterly.

    *These figures are effective as of {date} and are subject to change at any time. Based on the life with cash refund option, male annuitant with $100,000. Payout amounts for female applicants, who have longer life expectancies, are lower.  

    Withdrawals greater than the GLWB amount during the first 7 years of the policy may be subject to surrender charges.

    In most jurisdictions, the policy form number for the New York Life Clear Income Advantage Fixed Annuity–FP Series is ICC22D-P02; in some states it may be NC22D-P02, and state variations may apply. In most jurisdictions, the rider form number for the Guaranteed Lifetime Withdrawal Benefit Rider is ICC22D-R01; in some states,it may be NC22D-R01, and state variations may apply. The rider form number for the Living Needs Benefit/Unemployment Rider is ICC09-R100; in some states, it may be 209-100, and state variations may apply.

    Investments and insurance products are: Not FDIC/NCUA Insured | Not Insured by Any Federal Government Agency | Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any of its Affiliates | May Lose Value

    SMRU 5421693.1

    1. Cerulli U.S. Annuity Markets 2022.
    2. LIMRA, 12/31/2022.
    3. New York Life insurance and Annuity Corporation (NYLIAC) has received the highest financial strength ratings. Individual independent rating agency commentary as of 10/18/2022: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).