An annuity is a unique financial vehicle designed to help you accumulate money for your retirement and/or turn a lump-sum of money into a guaranteed stream of income payments. Deferred annuities offer the advantage of tax-deferral and can be used to accumulate money for retirement. Income annuities are used to generate a stream of income payments that is guaranteed to last for as long as you need it to – even for the rest of your life*. Some of the different types of annuities are:

Fixed Interest Deferred Annuities

With a Fixed Interest Deferred Annuity, the interest rate on your policy is guaranteed never to fall below a certain amount (subject to the claims paying ability of the issuing company). For many people, this provides a measure of security about their investment.

Issued by New York Life Insurance and Annuity Corporation (A Delaware Corporation).

Lifetime Income Annuities

An income annuity where income payments begin immediately - one period after the annuity is purchased. It is designed to provide you with predictable income monthly, quarterly, semi-annually or annually, no matter how long you live, and regardless of how the financial markets perform.

All guarantees associated with Life Insurance and Annuity Contracts are based on the claims paying ability of the issuing insurance company. Withdrawals may be subject to regular income tax, and if made prior to age 59 1/2, may be subject to a 10% IRS penalty. In addition surrender charges may apply.

Variable Deferred Annuities

A Variable Deferred Annuity offers the advantage of tax deferral and can be used to accumulate money for retirement. The policy’s accumulated value – and sometimes the amount of monthly annuity benefit payments – fluctuates with the performance of your investment account. There are fees, expenses and risks associated with the contract. Please be aware that assets allocated to the investment divisions are subject to market risks and will fluctuate in value.

Offered by NYLIFE Securities LLC (member FINRA/SIPC).

Other Products

Employee Benefits

We assist clients in developing programs to meet the unique needs of senior management. We focus on cost effective compensation strategies that attract, retain and motivate top performers. These disciplines include: actuarial modeling, accounting, legal, life insurance design with multi-life pricing and management to ensure efficient funding and administrative support systems and services. By providing competitive benefits in your business, you can help assure your company’s productivity.

Disability Income

In those circumstances where our client's plan indicates a need or desire to address issues such as disability income insurance, we arrange access to a number of the world's premier insurance companies. The ability to generate income until retirement is your most important financial asset and is the hinge that all of your future plans are based on.

Long-Term Care

Long-Term Care Insurance is still a relatively new type of insurance product. Many people do not understand what long-term care insurance policies cover, how and when the policies pay benefits, and who should obtain coverage.