1Certain New York Life variable annuities provide access to an accumulation benefit rider called the Investment Preservation Rider 4.0 (IPR) which guarantees all premium payments from a loss that are made in the first policy year (less any proportional withdrawals) after the completion of a holding period. The rider is available for an additional charge. The IPR provides principal protection but does not protect the owner’s investment from day-to-day market fluctuations or against losses that could be realized prior to completion of the holding period.
2May be subject to minimums.
3Any guarantees on fixed annuities are based on the claims-paying ability of the issuer.
Guarantees are based on the claims-paying ability of the issuer.
Annuities contain certain fees, risks, limitations and restrictions; Please speak with an agent for costs and complete details.
Withdrawals may be subject to ordinary income taxes and, if made prior to age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply.
Please consider the charges, risks, expenses, and investment objectives carefully before investing in a variable annuity. The product and fund prospectuses contain this and other information and can be obtained from an agent. Read the prospectuses carefully before you invest or send money.
New York Life Annuities are issued by New York Life Insurance and Annuity Corporation (“NYLIAC”), a Delaware Corporation or by New York Life Insurance Company. Variable annuities are offered by NYLIFE Securities LLC, Member FINRA /SIPC. Both NYLIAC and NYLIFE Securities LLC are wholly-owned subsidiaries of New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010.
In most jurisdictions, the policy and rider form numbers for New York Life Variable Annuities are as follows (state variations may apply): Premier Variable Annuity II (ICC15-P301, or it may be 215-P301); Premier Plus Variable Annuity II (ICC15-P302, or it may be 215-P302); Flexible Premium Variable Annuity III (ICC15-P303, or it may be 215-P303); IndexFlex Variable Annuity (ICC20V-P01 or it may be NC20V-P01); Investment Preservation Rider 4.0 (ICC19V-R01 or it may be NC19V-R01); and Annual Death Benefit Reset Rider (ICC15-R302, or it may be 215-R302).