AARP lifetime income programAARP Lifetime Income Program
This Program was specifically designed to provide fixed immediate annuities that help AARP members age 50 to 89 protect against the risk of outliving their savings. The group annuities 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 annuities – come with a feature that guarantees to pay beneficiaries the remaining payments if you pass away prematurely.
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 annuities, or to request free information by mail, click on the links below.