Overview
Overview
IndexFlex offers a powerful blend of principal protection and growth potential in a single retirement solution.
Certainty
No matter how the market performs, the principal investment is always guaranteed,1 and won’t erode with market downturns.
Flexibility
Capture market upside—without the downside. Investors choose from leading market indices like the S&P 500®2 or Russell 2000,®3 can select their preferred crediting method, or opt for a fixed interest account (where approved).
Tax Efficiency
IndexFlex allows interest to grow tax-free until the investor is ready to access their investment. This allows more money to stay invested and compound over time.
IndexFlex stands out with its “rate-for-term” design. This structure locks in a performance limit and 0% floor for the entire 5- or 7-year Initial Term selected at the time of purchase—so the investor will know their earnings potential for that term from day one. If the chosen index performs positively in a given year, they’ll earn interest—with no exposure to loss.
Literature
Literature
Literature
Easily access New York Life Fixed Indexed Annuity sales and marketing material in one place.
Rates
Rates
New York Life IndexFlex Fixed Annuity–FP Series
CAP RATE
S&P 500® Price Return Index (S&P 500)7
Premium Payment |
5 Year |
7 Year |
|---|
CAP RATE
Russell 2000® Price Return Index (Russell 2000)8
Premium Payment |
5 Year |
7 Year |
|---|
TRIGGER RATE
S&P 500® Price Return Index (S&P 500)7
Premium Payment |
5 Year |
7 Year |
|---|
TRIGGER RATE
Russell 2000® Price Return Index (Russell 2000)8
Premium Payment |
5 Year |
7 Year |
|---|
FIXED ACCOUNT
The Fixed Account (available where approved) is credited with a fixed interest rate. All guarantees, including the guaranteed minimum interest rate, are backed by the issuer, New York Life Insurance and Annuity Corporation (NYLIAC).
Surrender Charge Period |
5 Year |
7 Year |
|---|
CAP RATE
S&P 500® Price Return Index (S&P 500)3
Premium Payment |
5 Year |
6 Year |
7 Year |
|---|
CAP RATE
Russell 2000® Price Return Index (Russell 2000)4
Premium Payment |
5 Year |
6 Year |
7 Year |
|---|
FLAT RATE
S&P 500® Price Return Index (S&P 500)3
Premium Payment |
5 Year |
6 Year |
7 Year |
|---|
FLAT RATE
Russell 2000® Price Return Index (Russell 2000)4
Premium Payment |
5 Year |
6 Year |
7 Year |
|---|
Rates are as of {date} and are subject to change.
7. The S&P 500® Index includes 500 large cap stocks from leading companies in leading industries of the U.S. economy, capturing approximately 80% coverage of U.S. equities. The S&P 500® Index does not include dividends declared by any of the companies in this Index. S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). The foregoing trademarks have been licensed for use by S&P Dow Jones Indices LLC and sublicensed for certain purposes by New York Life. The S&P 500® index is a product of S&P Dow Jones Indices LLC and has been licensed for use by New York Life. New York Life IndexFlex Fixed Annuity–FP Series is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P nor their respective affiliates make any representation regarding the advisability of investing in such product(s).
8. The Russell 2000® Index measures the performance of the small cap segment of the U.S. equity universe. The Russell 2000® is a subset of the Russell 3000® Index representing approximately 10% of the total market capitalization of that index. The Russell 2000® Index represents approximately 10% of the total market capitalization of the Russell 3000® Index. The Russell 2000® Index includes approximately 2000 of the smallest securities based on a combination of their market capitalization and current index membership. The Russell 2000® Index does not include dividends declared by any of the companies in the Index.
The New York Life IndexFlex Fixed Annuity–FP Series (IndexFlex) has been developed solely by New York Life. IndexFlex is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies.
All rights in the Russell 2000® Index (the “Index”) vest in the relevant LSE Group company which owns the Index. “Russell®” is a trademark of the relevant LSE Group company and is/are used by any other LSE Group company under license.
The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of IndexFlex. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from IndexFlex or the suitability of the Index for the purpose to which it is being put by New York Life.
This material is general in nature and is being provided for informational purposes only. It was not prepared, and is not intended, to address the needs, circumstances and/or objectives of any specific individual or group of individuals. New York Life and its affiliates are not making a recommendation to purchase any specific products. For advice regarding your personal circumstances, you should consult with your own independent financial and tax advisors.
Products and features are available where approved. In most jurisdictions, the policy form numbers are as follows (state variations may apply): New York Life IndexFlex Fixed Annuity–FP Series (ICC25D-P01 or it may be ICC25D-P01D).
New York Life Fixed Annuities are 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 based on the claims-paying ability of the issuer.
All contract and rider guarantees, including crediting rates or annuity payout rates, are backed by the claims-paying ability of NYLIAC. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased, or by any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability of NYLIAC.