{"id":185,"date":"2009-10-27T12:11:04","date_gmt":"2009-10-27T17:11:04","guid":{"rendered":"http:\/\/www.annuityfyi.com\/blog\/?p=185"},"modified":"2023-02-15T05:37:33","modified_gmt":"2023-02-15T05:37:33","slug":"immediate-annuities-updated-by-new-york-life","status":"publish","type":"post","link":"https:\/\/www.annuityfyi.com\/blog\/2009\/10\/immediate-annuities-updated-by-new-york-life\/","title":{"rendered":"Immediate Annuities Updated by New York Life"},"content":{"rendered":"<p>In order to attract more advisers, New York Life Insurance Co. is changing their <a title=\"immediate annuities\" href=\"https:\/\/www.annuityfyi.com\/immediate-annuities\/\" target=\"_blank\" rel=\"noopener\">immediate annuities<\/a> by introducing a no-load version.&nbsp; This information comes from <em>Investment News<\/em>&#8216; &#8220;Take a load off: New York Life set to tweak immediate annuities to draw advisers&#8221; by Jessica Toonkel Marquez.&nbsp; This no-load immediate annuity is geared towards fee-based advisers because it is believed that this product will be more widely accepted.<\/p>\n<p>New York Life&#8217;s Vice President Matthew Grove stressed the company&#8217;s strong belief in annuities that offer lifetime income while he was at Money Management International&#8217;s fall conference.&nbsp; He also said that the no-load immediate annuity should be available early next year.&nbsp; Currently New York Life only offers immediate annuities in a load-version.&nbsp; They plan to make this no-load version easily understandable for advisers so that they are willing to and excited about selling the <a title=\"best annuities\" href=\"https:\/\/www.annuityfyi.com\/compare-best-annuity-rates\/\" target=\"_blank\" rel=\"noopener\">best annuities<\/a> to their clients.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order to attract more advisers, New York Life Insurance Co. is changing their immediate annuities by introducing a no-load version.&nbsp; This information comes from Investment News&#8216; &#8220;Take a load off: New York Life set to tweak immediate annuities to draw advisers&#8221; by Jessica Toonkel &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Immediate Annuities Updated by New York Life\" class=\"read-more button\" href=\"https:\/\/www.annuityfyi.com\/blog\/2009\/10\/immediate-annuities-updated-by-new-york-life\/#more-185\" aria-label=\"Read more about Immediate Annuities Updated by New York Life\">Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,55,30,268],"tags":[33,54,403,107],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/185"}],"collection":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/comments?post=185"}],"version-history":[{"count":2,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/185\/revisions"}],"predecessor-version":[{"id":25873,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/185\/revisions\/25873"}],"wp:attachment":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/media?parent=185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/categories?post=185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/tags?post=185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}