IndexFlex Slider Tool
How a split allocation might work
Combining index-linked and equity investing for retirement growth potential.
When saving for retirement, principal preservation and market growth potential can be complementary. One way to visualize this is to let history be a guide. This hypothetical example shows how an investment with a rate limit and 0% floor with equity allocations, which have no limit and no floor, might have performed under different scenarios.
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Annual Premium:
$100,000.00
Blended Allocation Performance
Performance in {}-year rolling periods from fund inception through {}
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The table reflects annualized returns for {surrenderPeriod} year time periods based upon a rolling monthly basis (e.g., Jan-Jan, Feb-Feb, etc.), modeling a hypothetical split allocation of a $100,000 investment, with {indexPercentage}% allocated to an Indexed account and {fundPercentage}% to the variable subaccount shown, with performance from subaccount inception through {performanceThroughDate}. The Indexed allocation assumes annual Initial Term crediting assumptions of the New York Life IndexFlex Variable Annuity–FP Series (IndexFlex) Index-linked Account, linked to the {indexCreditingMethod} Price Return Index. If the Cap Rate option is selected, returns for the Indexed allocation match the full year rate of return for the Index in any year the Index performance is positive, up to the Cap Rate determined at the time of issue, and a 0% rate of return for any year that the Index performance is negative. If the Flat Rate option is selected, returns for the Indexed allocation assume the Flat Rate determined at the time of issue for any year the Index performance is positive or zero and a 0% rate of return for any year that the Index performance is negative. The Cap or Flat Rate shown reflects Core Rates when less than 50% of the initial premium is allocated to the variable subaccount, and Enhanced Rates when 50% or more of the initial premium is allocated to the variable subaccount. Transfers from the variable investment options and Fixed Account to the Index-linked Account and/or partial withdrawals, other than Pro-Rata Withdrawals, may disqualify a policy from receiving Enhanced Rates. Investment gains or losses and Pro-Rata Withdrawals have no impact on the Enhanced Rate. If, as a result of a transfer or withdrawal, the policy no longer qualifies for an Enhanced Rate, the Core Rate will be applied for the duration of the surrender charge period. Performance of the variable subaccounts assumes IndexFlex M&E Fees of {mAndEFee}% and applicable fund fees. Please note that the inception date of the IndexFlex Variable Annuity is 1/19/2021. The index-account results are modeled and do not represent how the IndexFlex index-linked accounts would have performed in the past. NYLIAC sets the Cap and Flat Rates. Index-linked Crediting Rates are determined at the time of issue. Results attributed to indexed accounts in this example are only approximate. Performance data quoted represents past performance. Past performance is no guarantee of future results.
Performance data quoted represents past performance. Past performance is no guarantee of future results. Due to current market volatility, current performance may be lower or higher than the figures shown. The investment return and the Accumulation Value of your policy will fluctuate so that a policy, when surrendered, may be worth more or less than the premium payments.
All performance reflects the percentage change for the period shown with the capital gains and dividends reinvested and includes an annualized Mortality and Expense Risk and Administrative Cost Charge of 1.30% for the 5 year surrender charge period.
The Investment Divisions offered under the New York Life IndexFlex Variable Annuity–FP Series and described herein are different from mutual funds that may have similar names but are available directly to the general public. Investment results may differ. The policies were first offered for sale on January 19, 2021.
Ask your Registered Representative for a prospectus for New York Life IndexFlex Variable Annuity. The prospectus contains more complete information about the policy including investment objectives, strategies, risks charges and expenses. Read the prospectus carefully before investing.
Product availability may vary by distributor. Some distributors may limit or eliminate the availability of certain terms, features, or options.
IndexFlex Funds: Key Performance Metrics as of 3/31/2024
Important Information
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 Variable Annuity 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).
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 Variable 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.
Variable annuities are long-term financial products used for retirement savings. There are fees, expenses, limitations and risks associated with this policy. All guarantees, including death benefit payments, are dependent on the claims-paying ability of NYLIAC and do not apply to the investment performance or safety of the underlying variable Investment Divisions, as they are subject to market risks and will fluctuate in value. Withdrawals may be subject to ordinary income taxes and if made prior to age 59½ may be subject to a 10% IRS penalty tax. For costs and complete details, contact a financial professional.
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. This page is not a complete description of the New York Life IndexFlex Variable Annuity–FP Series product and is authorized for use by the general public only if preceded or accompanied by the product and funds prospectuses. Investors are asked to consider the investment objectives, risks, charges, and expenses of the investment carefully before investing. The prospectuses contain this and other information about the product and underlying investment options. Please read the prospectuses carefully before investing. Products and features are available where approved. Core Cap and Flat Rates are referred to as Standard Cap and Flat Rates in the product prospectus. In most jurisdictions, the policy form numbers are as follows (state variations may apply): New York Life IndexFlex Variable Annuity–FP Series (ICC20V-P02 or it may be NC20V-P02).
New York Life Variable Annuities are issued by New York Life Insurance and Annuity Corporation (“NYLIAC”), a Delaware Corporation. NYLIFE Distributors LLC, Member FINRA/SIPC, is the wholesale distributor and underwriter for these products. Both NYLIAC and NYLIFE Distributors LLC are wholly owned subsidiaries of New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010. Variable annuities offered through properly licensed registered representatives of a third party registered broker dealer.
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