AARP Lifetime Income Program
This Program was specifically designed to provide fixed immediate annuities that help AARP members protect against
the risk of outliving their savings. The group annuity plans let members turn part of their retirement savings
into monthly income payments that will be locked in and guaranteed for life. The Program offers single life and
joint life annuity plans and – unlike some annuity plans – come with a feature that guarantees to pay
beneficiaries the remaining payments if you pass away prematurely.
AARP members age 50 to 85 can purchase an annuity in any amount of $5,000 or more. You can be confident that
your annuity income payments are guaranteed. With this Program, your income is backed by the financial strength of
New York Life Insurance and Annuity Corporation, part of the New York Life family of companies. And, this is the
only annuity Program endorsed by AARP.
To learn more about the AARP Lifetime Income Program and specific annuity plans, or to request free
information by mail, click on the links below.
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