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What is the interest rate on a New York Life annuity?

New York Life Secure Term Fixed Annuity V Premium Amount3 Year6 Year $100,000+ 4.80% 4.55% $50,000 - $99,999 4.55% 4.30% $25,000 - $49,999 4.35% 4.10% $5,000 - $24,999 4.15% 3.90% Rates | New York Life Annuities nylannuities.com resources rates nylannuities.com resources rates

Are variable annuities ever a good idea?

Potential for Superior Returns. People who put their money in stock subaccounts and leave it there for 20 years or more will probably see a higher return on their investment than can be had from any other type of annuity. Most variable contracts also offer basic money management services, such as periodic rebalancing. Variable Annuities: The Pros and Cons - Investopedia investopedia.com financial-advisors vari investopedia.com financial-advisors vari

How does a variable life annuity work?

A variable annuity is a tax-deferred retirement vehicle that can increase or decrease in value, depending on how financial markets perform. A variable annuity is also an insurance product, so it provides many important features such as a death benefit, lifetime income, and optional living benefits. What Is a Variable Annuity? - MassMutual massmutual.com variable-annuities massmutual.com variable-annuities

What is the difference between a variable annuity and a regular annuity?

A fixed annuity guarantees payment of a set amount for the term of the agreement. It cant go up or down. A variable annuity fluctuates based on the returns on the mutual funds it is invested in. Its value can go up or down. The Main Types of Annuities Made Easy - Investopedia investopedia.com ask answers what-are investopedia.com ask answers what-are

What is a New York Life variable annuity?

A variable annuity is a retirement savings product. During its accumulation phase, it provides tax-deferral and an opportunity for market growth. During its distribution phase, it can give you guaranteed income for life. What is a Variable Annuity? - New York Life Insurance newyorklife.com articles what-is-a-varia newyorklife.com articles what-is-a-varia

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