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New York Life Sells Over $1 Billion Of Income Annuities in 2008

The Retirement Income Reporter recently published an article highlighting New York Life Insurance Company’s selling a total of $1.2 billion of income annuities during 2008. 

  • About $850 million was sold through New York Life’s own career agency.
  • Over $100 million worth of AARP Lifetime Income annuity programs, which are provided by the company, were sold.
  • Another $350 million of annuities were sold through partnerships with banks.
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