Overview
Overview
Tailor annuities to meet client needs
Give clients the income they need, when they need it with both deferred and immediate annuity solutions.
Optimize portfolios to manage risk
Adding annuities to a portfolio can reduce income risk and allow clients to invest remaining assets more confidently.
Simplify planning with tax deferred solutions
Help clients meet required minimum distribution rules automatically and potentially reduce taxes on distributions.
As the #1 provider of income annuities since 20061, New York Life offers innovative products backed by a company with unsurpassed financial strength. We are the trusted source for guaranteed lifetime income.
1. Source: LIMRA as of 12/31/2023.
Literature
Literature
Literature
Easily access all of the New York Life income annuity sales and marketing materials in one place.
To view applications and additional materials, visit the Literature library.
Rates
Rates
New York Life Guaranteed Lifetime Income Annuity II2
Age |
Single Life |
Joint Life |
|---|
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 of principal. The rates represent the annualized payout as percent of total premium. Payout rate is not an interest rate.
2. The New York Life Guaranteed Lifetime Income Annuity II 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. All guarantees are based on the claims-paying ability of New York Life Insurance and Annuity Corporation. Available in jurisdictions where approved.
*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. In the state of MT, payout amounts do not differentiate male and female life expectancies. Payouts are subject to change and will vary dependent on age, gender, payout option and premium amount, and interest in effect at time of policy issue. For most jurisdictions, the policy form number for the Guaranteed Lifetime Income Annuity II is ICC11-P103; it may be 211-P103, and state variations may apply.
New York Life Guaranteed Future Income Annuity II3
Issue Age |
Deferring Income Start Date |
Single Life |
Joint Life |
|---|
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.
3. The New York Life Guaranteed Future Income Annuity II 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. Guarantees are subject to contract terms, exclusions and limitations, and the claims-paying ability of NYLIAC. This contract is irrevocable, has no cash value and no withdrawals are permitted prior to the income start date. Income payments are guaranteed at least as long as the annuitant is living, provided the annuitant is alive on the designated income start date. Contracts in which a Life Only payout option is selected do not provide a death benefit either prior to, or after, the designated start date. Available in jurisdictions where approved.
*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. In the state of MT, payout amounts do not differentiate male and female life expectancies. Payouts are subject to change and will vary dependent on age, gender, payout option and premium amount, and interest in effect at time of policy issue. For most jurisdictions, the policy form number for the Guaranteed Lifetime Income Annuity II is ICC11-P103; it may be 211-P103, and state variations may apply.
New York Life Clear Income Advantage Fixed Annuity4
Issue Age |
Deferring Income Start Date |
Single Life |
Joint Life |
|---|
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.
