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Accumulation Unit Values for New York Life Flexible Premium Variable Annuity III for Policies with an M&E Charge based on Premium(s)

This daily updated chart is your resource for tracking the Accumulation Unit Values of the Investment Divisions of the New York Life Flexible Premium Variable Annuity III. For current to the most recent month-end performance information including average annual total return, please click on the Performance Summary.

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 capital gains and dividends reinvested. The New York Life Flexible Premium Variable Annuity III differs from many other variable annuity polices in that the Mortality and Expense Risk and Administrative Costs Charge is calculated as a percentage of the Adjusted Premium Payments under the policy (excluding premiums allocated to the Fixed Account), rather than as a percentage of Separate Account assets. Therefore, the 1.55% (1.40% for policies applied for on or after May 1, 2016) charge during the surrender charge period and 1.35% (1.20% for policies applied for on or after May 1, 2016) after the surrender charge period is not reflected in the performance of the Investment Divisions, but will be deducted on a quarterly basis by reducing the number of Accumulation Units in the Investment Divisions you have selected. In a rising market, since each Accumulation Unit will have a relatively greater value, fewer Accumulation units will be deducted from your policy for the Mortality and Expense Risk and Administrative Cost Charge. In a declining market, since each Accumulation Unit will have a relatively lower value, more Accumulation Units will be deducted from your policy for the Mortality and Expense and Administrative Cost Charge. The value of your policy will depend on the number of accumulation units you own and the value of those units. A policy service charge of $30, is not included in these charges, but will be deducted each year from the policy's Accumulation Value on the policy anniversary and upon surrender if on that date the Accumulation Value is less than $50,000.

The Investment Divisions offered under the New York Life Flexible Premium Variable Annuity III 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 May 1, 2015.

New allocations to the MainStay VP Cornerstone Growth, MainStay VP Emerging Markets Equity, MainStay VP T. Rowe Price Equity Income and Victory VIF Diversified Stock Investment Divisions will not be accepted from Policyowners who were not invested in the Investment Divisions on November 13, 2017. For existing Policyowners, if you remove all of your Accumulation Value from these Investment Divisions on or after November 13, 2017, you will not be able to reinvest in these Investment Divisions. The Service Class versions of these Investment Divisions impose a 12b-1 fee.

New York Life Flexible Premium Variable Annuity III is issued by New York Life Insurance and Annuity Corporation (A Delaware Corporation) and distributed by NYLIFE Distributors LLC, member FINRA/SIPC, wholly owned subsidiaries of New York Life Insurance Company, 51 Madison Avenue, New York, New York 10010.

For more complete information, refer to the New York Life Flexible Premium Variable Annuity III product prospectus and the individual fund prospectuses.To obtain the current prospectuses, please call 1–800–598–2019. Investors are asked to consider the investment objectives, risks, charges, and expenses of the investment carefully before investing. Both the product prospectus and the underlying fund prospectuses contain this and other information. Please read the prospectuses carefully before investing..

In most jurisdictions, the policy form number for the New York Life Flexible Premium Variable Annuity III is ICC15-P303. In some jurisdictions the policy form number is 215-P303 and state variations may apply.