New York Life Premier Variable Annuity P Series
New York Life Premier Variable Annuity - P Series Fidelity Please enter a valid email address Please enter a valid email address Important legal information about the email you will be sending. By using this service, you agree to input your real email address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an email. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. The subject line of the email you send will be "Fidelity.com: " Your email has been sent.
Questions about an existing annuity?
Read this Fidelity Viewpoints article and learn 2 strategies for cautious investors to help balance growth with protection of principal.
Learn more about how this annuity may provide you long-term growth potential while protecting a portion of your investments from loss.
This Fidelity Viewpoints article explains that indexed annuities can offer growth, but it's important to know what you're buying. h2 Get in touch Contact us to get help and answers. Open an annuity 866-588-2152 Questions about an
existing annuity? 800-634-9361 Before investing, consider the investment objectives, risks, charges, and expenses of the annuity and its investment options. Contact Fidelity for a prospectus or, if available, summary prospectus containing this information. Read it carefully. Investing in a variable annuity involves risk of loss - investment returns and contract value are not guaranteed and will fluctuate. Guarantees are subject to the claims-paying ability of the issuing insurance company. Diversification/asset allocation does not ensure a profit or guarantee against loss. 1. The IPR may not protect the account value from day-to-day market fluctuations or against losses that could be realized prior to the completion of the holding period. That means the rider will not provide a benefit if the policy is not held for the entire holding period after it is elected or reset. Withdrawals reduce the IPR guaranteed amounts proportionally, which may be more than the actual dollar amount withdrawn; so the rider is not intended for clients who anticipate taking substantial withdrawals (including IRS Required Minimum Distributions) prior to the completion of the IPR holding period. 2. The performance of the Fidelity VIP FundsManager 60% Portfolio depends on that of their underlying Fidelity and Fidelity VIP funds. These portfolios are subject to the volatility of the financial markets in the U.S. and abroad, and may be subject to the additional risks associated with investing in high-yield, commodity-linked, small-cap, and foreign securities. 3. Withdrawals of taxable amounts from an annuity are subject to ordinary income tax, and, if taken before age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply. 4. The maximum Surrender Charge is 7% year 1 and 2, 6% year three, 5% year 4, 4% year 5, 3% year 6, and 2% year 7. After 7 years there is no surrender charge. 5. Beneficiaries are guaranteed to receive, at minimum, every dollar invested, adjusted for any withdrawals already received. 6. The option to reset is available during the holding period through age 75. Tax-qualified plans already provide tax deferral; a variable annuity will not provide additional tax advantages. As variable annuities offer investment and insurance features, they may be subject to fees to which other tax-qualified funding vehicles are not. The name, benefits, and guidelines of the Investment Preservation Rider–P Series may vary in some jurisdictions. New York Life Insurance and Annuity Corporation ("NYLIAC"), a Delaware Corporation. NYLIFE Distributors LLC, a limited liability company organized under Delaware law and member FINRA/SIPC, is the wholesale distributor and underwriter for these products. Both NYLIAC and NYLIFE Distributors LLC are wholly owned subsidiaries of New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010. Variable annuities are only offered through properly licensed registered representatives of registered broker dealers. In most jurisdictions, the policy and rider form numbers are as follows (state variations may apply): New York Life Premier Variable Annuity–P Series (ICC18V-P05 or it may be NC18V-P05); Investment Preservation Rider–P Series (ICC18V-R04 or it may be NC18V-R04). Some states may offer this rider under a different name, and benefits may vary. Fidelity Brokerage Services, Member NYSE, SIPC, and Fidelity Insurance Agency, Inc., are the distributors; they are not affiliated with any New York Life Insurance Company. A contract's financial guarantees are solely the responsibility of and are subject to the claims-paying ability for the issuing insurance company. Fidelity Brokerage Services LLC, Member NYSE, , 900 Salem Street, Smithfield, RI 02917 2019 FMR LLC. All rights reserved. 880659.2.0
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Fidelity does not provide legal or tax advice, and the information provided is general in nature and should not be considered legal or tax advice. Consult an attorney, tax professional, or other advisor regarding your specific legal or tax situation.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
796549.1.0
Mutual Funds and Mutual Fund Investing - Fidelity Investments
Clicking a link will open a new window.br h1 New York Life Premier Variable Annuity–P Series with Investment Preservation Rider–P Series
New York Life Premier Variable Annuity–P Series with Investment Preservation Rider–P Series provides the potential for growth and a guarantee to protect your initial investment.h2 Get in touch
Open an annuity866-588-2152
Questions about an existing annuity?
800-634-9361
GoProtection
Guaranteed return of your initial investment at the end of the 10-year holding period, regardless of market performance (less the impact of any withdrawals or resetting of the benefit)1Growth potential
Potential to grow your assets and outpace inflation with Fidelity VIP FundsManager 60%2Flexibility
Access your account value as needed3 (surrender charges may apply4 and guaranteed amount will be reduced) and provide a legacy for your beneficiaries.5 Rider reset On every contract anniversary, you have the option to reset the guaranteed amount if the account value has increased, which would establish a new 10-year holding period and may increase or decrease the Investment Preservation Rider–P Series (IPR) charge.6 Annual fees Total annuity charges: 1.90% Fund fees also applyMinimum investment
$25,000Fund research
More information
Learn more
These articles and videos explain some of the investment and retirement challenges that annuities can help you meet.Read this Fidelity Viewpoints article and learn 2 strategies for cautious investors to help balance growth with protection of principal.
Learn more about how this annuity may provide you long-term growth potential while protecting a portion of your investments from loss.
This Fidelity Viewpoints article explains that indexed annuities can offer growth, but it's important to know what you're buying. h2 Get in touch Contact us to get help and answers. Open an annuity 866-588-2152 Questions about an
existing annuity? 800-634-9361 Before investing, consider the investment objectives, risks, charges, and expenses of the annuity and its investment options. Contact Fidelity for a prospectus or, if available, summary prospectus containing this information. Read it carefully. Investing in a variable annuity involves risk of loss - investment returns and contract value are not guaranteed and will fluctuate. Guarantees are subject to the claims-paying ability of the issuing insurance company. Diversification/asset allocation does not ensure a profit or guarantee against loss. 1. The IPR may not protect the account value from day-to-day market fluctuations or against losses that could be realized prior to the completion of the holding period. That means the rider will not provide a benefit if the policy is not held for the entire holding period after it is elected or reset. Withdrawals reduce the IPR guaranteed amounts proportionally, which may be more than the actual dollar amount withdrawn; so the rider is not intended for clients who anticipate taking substantial withdrawals (including IRS Required Minimum Distributions) prior to the completion of the IPR holding period. 2. The performance of the Fidelity VIP FundsManager 60% Portfolio depends on that of their underlying Fidelity and Fidelity VIP funds. These portfolios are subject to the volatility of the financial markets in the U.S. and abroad, and may be subject to the additional risks associated with investing in high-yield, commodity-linked, small-cap, and foreign securities. 3. Withdrawals of taxable amounts from an annuity are subject to ordinary income tax, and, if taken before age 59½, may be subject to a 10% IRS penalty. Surrender charges may also apply. 4. The maximum Surrender Charge is 7% year 1 and 2, 6% year three, 5% year 4, 4% year 5, 3% year 6, and 2% year 7. After 7 years there is no surrender charge. 5. Beneficiaries are guaranteed to receive, at minimum, every dollar invested, adjusted for any withdrawals already received. 6. The option to reset is available during the holding period through age 75. Tax-qualified plans already provide tax deferral; a variable annuity will not provide additional tax advantages. As variable annuities offer investment and insurance features, they may be subject to fees to which other tax-qualified funding vehicles are not. The name, benefits, and guidelines of the Investment Preservation Rider–P Series may vary in some jurisdictions. New York Life Insurance and Annuity Corporation ("NYLIAC"), a Delaware Corporation. NYLIFE Distributors LLC, a limited liability company organized under Delaware law and member FINRA/SIPC, is the wholesale distributor and underwriter for these products. Both NYLIAC and NYLIFE Distributors LLC are wholly owned subsidiaries of New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010. Variable annuities are only offered through properly licensed registered representatives of registered broker dealers. In most jurisdictions, the policy and rider form numbers are as follows (state variations may apply): New York Life Premier Variable Annuity–P Series (ICC18V-P05 or it may be NC18V-P05); Investment Preservation Rider–P Series (ICC18V-R04 or it may be NC18V-R04). Some states may offer this rider under a different name, and benefits may vary. Fidelity Brokerage Services, Member NYSE, SIPC, and Fidelity Insurance Agency, Inc., are the distributors; they are not affiliated with any New York Life Insurance Company. A contract's financial guarantees are solely the responsibility of and are subject to the claims-paying ability for the issuing insurance company. Fidelity Brokerage Services LLC, Member NYSE, , 900 Salem Street, Smithfield, RI 02917 2019 FMR LLC. All rights reserved. 880659.2.0
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Already have a dedicated Fidelity advisor?
Call 800-345-1388
Have us contact you Important Information Virtual Assistant is Fidelity’s automated natural language search engine to help you find information on the Fidelity.com site. As with any search engine, we ask that you not input personal or account information. Information that you input is not stored or reviewed for any purpose other than to provide search results. Responses provided by the virtual assistant are to help you navigate Fidelity.com and, as with any Internet search engine, you should review the results carefully. Fidelity does not guarantee accuracy of results or suitability of information provided. Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.
Fidelity does not provide legal or tax advice, and the information provided is general in nature and should not be considered legal or tax advice. Consult an attorney, tax professional, or other advisor regarding your specific legal or tax situation.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
796549.1.0