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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
May 25, 2004 at 08:00 PM
NU Online News Service, May 25, 2004, 1:19 p.m. EDT – New York Life Insurance and Annuity Corp. has introduced 2 single-premium, deferred, fixed annuities.[@@]
One product, the LifeStages Fixed Advantage Annuity, lets consumers lock in a higher initial interest rate for 2 or 3 years.
Consumers who buy the second product, the LifeStages Premium Plus Fixed Annuity, can lock in their initial interest rate for only 1 year. To compensate them, NYLIAC will put extra cash, or premium credits, into their annuities. The consumers will earn interest on the premium credits as well as their own premium contributions.
NYLIAC is a unit of New York Life Insurance Company.
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