With Immediate Income Annuities, you can get guaranteed income in retirement.

You’ve done the hard work of saving. Now enjoy the benefits. Let’s begin by looking at a few factors that can guide you while choosing your Immediate Income Annuity.

Guarantees in income

Some people prefer steady payout amounts each and every month. Others want the opportunity to get higher income down the road through potential dividend payments.

How long you want to receive income

Some people want income for life. Others need it for a set period of time.


Let's get started and take a look at what product is right for you.

Guaranteed Lifetime Income Annuities

People who want immediate income with level and predictable payout amounts prefer this option. Enjoy knowing you have a guaranteed pension-like stream of income for the rest of your life.

Lifetime Mutual Income Annuities

People who are willing to get a little less income guaranteed now, for the opportunity to get more later, prefer this option. You’ll still get steady and predictable payouts, but you’ll also have the potential for additional income through non-guaranteed dividends.

Guaranteed Period Income Annuities

Here, you’ll receive income for a specific number of years. This option may be a consideration for people who are looking to bridge the gap between retirement and Social Security or bolster income in the earlier stages of retirement.

Connect with a financial professional

Customize a strategy that works best for you.


Learn more

It's always useful to learn a little more. Take a look at these helpful links.

All guarantees are backed by the claims-paying ability of the issuer.
Lifetime Mutual Income Annuity is issued by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010. All guaratnees are dependent on the claims-paying ability of the issuer. Available in jurisdictions where approved. SMRU178164.
The policy form number for the New York Lifetime Mutual Income Annuity is 214-P200. State variations may apply.