• How Can Small Business Owners Solve Their Retirement Dilemma?

    How Can Small Business Owners Solve Their Retirement Dilemma?

    As a small business owner, you’ve worked hard to build your company. But have you done the same for your retirement?

    LEARN MORE
  • Transparent Upside Potential to Help Fund Your Future.

    Find out how you may be able to benefit from a rising interest rate environment with our new Interest Opportunity Rider (IOR).

    LEARN MORE
  • Retired or retiring soon?

    Now’s a good time to review your IRAs. With the help of a financial professional, doing an IRA review is easy.

    LEARN MORE
  • New QLAC changes promote guaranteed income later in life

    Learn about this significant advantage for millions of Americans who are planning for retirement.

    LEARN MORE
  • Your path to retirement is about to become clearer

    New York Life Clear Income Fixed Annuity - FP Series

    VIEW VIDEO
  • slider-control prev
  • slider-control next

New York Life Annuities

New Interest Opportunity Rider (IOR) Option
Find out how you may be able to benefit from a rising interest rate environment with this new optional rider on Secure Team Choice II policies.


Issue Age Current Annual Payout Rates*

Rates are effective [DATE] and are subject to change at any time. Payout rate includes interest, return of premium and is not an interest rate. Based on Life with Cash Refund payout option, male annuitant with $100,000 premium. Payouts are subject to change and will vary dependent upon age, gender, payout option and premium amount, and interest in effect at time of policy issue.

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. Products available in jurisdictions where approved. Guarantees are based on the claims-paying ability of the issuer.

For most jurisdictions, the policy form number for the Guaranteed Lifetime Income Annuity II is ICC11-P103 (it may be 211-P103). State variations may apply.

Issue Age Deferring Income Start Date Annual Payout Rate on Income Start Date*

Rates are effective [DATE] and are subject to change at any time. Payout rate includes interest, return of premium and is not an interest rate. Based on a male annuitant, $100,000 premium and Life with Cash Refund payout option. Rates are subject to change and payout will vary with age, gender, payout option selected, deferral period and premium amount. Actual amounts are dependent upon interest rates in effect at time of policy issue.

With the Cash Refund payout option, if the annuitant dies before receiving payouts that total the premium amount, the beneficiary receives in a lump sum the difference between the premium paid for the policy and the total payments to the annuitant.

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.

For most jurisdictions, the policy form number for the New York Life Guaranteed Future Income Annuity II is ICC11-P101 (it may be 211-P101). State variations may apply.

Premium Amount 3 Year 4 Year 5 Year 6 Year 7 Year

Rates are effective as of [DATE] and are subject to change at any time.

The Guaranteed Minimum Interest Rate (GMIR) is 0.05%, except in NY, where it is 1%. Please call your representative for current interest rates on premium amounts of $1,500,000 or more. The interest rate is an effective annual yield based upon a nominal rate which is compounded daily. Yields assume no additions or withdrawals made during the guaranteed period. After the initial guaranteed interest rate period, the policy will receive a renewal interest rate that is guaranteed for one year which will never be less than your GMIR as stated in your policy. Minimum initial premium is $15,000. Additional premiums are not permitted. Policies with premium amounts of $1 million or more require prior New York Life Insurance and Annuity Corporation approval.

The New York Life Secure Term MVA Fixed 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.

The policy form number for the New York Life Secure Term MVA Fixed Annuity II is ICC10-P112 in most jurisdictions; in some states, it may be 210-P112, and state variations may apply. All guarantees are dependent upon the claims-paying ability of NYLIAC.

Premium Amount 3 Year 4 Year 5 Year 6 Year 7 Year

Rates are effective as of [DATE] and are subject to change at any time.

Depending on the period chosen, withdrawals during the first 3, 4, 5, 6, or 7 years of the policy may be subject to surrender charges. The interest rate is an effective annual yield based upon a nominal rate which is compounded daily. Yields assume no additions or withdrawals made during the guarantee period. After the initial guaranteed interest rate period, the policy will receive a renewal rate that is guaranteed for one year. The Guaranteed Minimum Interest Rate (GMIR) is 0.05% (except in New York where it is 1%). Please call your representative for current interest on premium amounts of $1,500,000 or more. Policies with premium amounts of $1 million or more require prior New York Life Insurance Annuity Corporation approval.

All guarantees are dependent upon the claims-paying ability of NYLIAC. Products available in approved jurisdictions. The New York Life Secure Term Choice Fixed Annuity II is issued by New York Life Insurance and Annuity Corporation (A Delaware Corporation), a wholly owned subsidiary of New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010.

The policy form number for the New York Life Secure Term Choice Fixed Annuity II is ICC11-P114 in most jurisdictions; in some states, it may be 211-P114, and state variations may apply.

Premium
Amount
Book Value
Accumulation Value
7-Yr Initial Interest Rate Guarantee/Surrender
Charge Period1
MVA
Accumulation Value
7-Yr Initial Interest Rate Guarantee/Surrender
Charge Period1
Income Base
Annual Increase Rate
(Roll-Up Rate)2
Lifetime Withdrawal Rate
(percent of Income Base that determines your guaranteed income payments)
Age at First
Withdrawal
Single Life Policy Joint (Spousal)
Life Policy

Rate are effective as of [DATE] and are subject to change at any time.

1. Withdrawals during the first 7 years of the policy may be subject to surrender charges and/or a Market Value Adjustment (MVA).  The interest rate is an effective annual yield based upon a nominal rate that is compounded daily.  Yields assume no additions or withdrawals made during the guaranteed period.  After the initial guaranteed interest rate period, the policy will receive a renewal rate that is guaranteed for one year.  The Guaranteed Minimum Interest Rate (GMIR) is 1%. Please call your representative for current interest rates on premium amounts of $1,500,000 or more.  Policies with premium amounts of $1 million or more require prior NYLIAC approval.

2.The Income Base is a value upon which the lifetime withdrawal benefit amount is calculated. It is separate from the Accumulation Value and has no cash value.

The New York Life Clear Income 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. Not available in New York. There is an annual rider fee of 0.75% of the Accumulation Value that is deducted quarterly.

In most jurisdictions, the policy form numbers for the New York Life Clear Income Fixed Annuity – FP Series are ICC14-P110 (book value) and ICC14-P130 (MVA); in some states they may be 214-P110 (book value) and 214-P130 (MVA), and state variations may apply. In most jurisdictions, the rider form numbers for the Guaranteed Lifetime Withdrawal Benefit Rider are ICC14-R101 (book value) and ICC14-R102 (MVA); in some states they may be 214-R101 (book value) and 214-R102 (MVA), and state variations may apply