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A Fixed Annuity with Living Benefits from New York Life

New York Life Insurance Company released a unique fixed annuity product last October without any introduction or fanfare.  This deferred fixed annuity is one of the first to offer guaranteed lifetime withdrawal benefits comparable to those of variable annuities and indexed annuities.  This information comes …

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Deferred Income Annuities Appeal to Generation X

People in Generation X are between the ages of 35-48 and most are not very close to thinking about retiring.  For this reason, most annuity experts don’t believe that Generation X is interested in the newly popular deferred income annuities.  New York Life found that …

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Should You Buy An Annuity in Your 20’s?

New York Life Insurance Co. wants younger people to start buying their successful deferred income annuities.  Darla Mercado of Investment News talks about the recent change they’ve made to attract younger investors in “New York Life cuts initial deposit for annuity to attract youth.”  Previously, …

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