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New York Life
One of the highest-rated carriers in the industry - the dedicated annuity issuer of New York Life, a mutual insurer founded in 1845 - carrying top-tier financial-strength ratings from all four major agencies across a lineup of indexed, fixed, and guaranteed-income annuities.
Financial strength
A++
AM Best
AAA
Fitch
Aa1
Moody's
AA+
S&P Global
A++ / AAA rated
NYLIAC carries A++ from AM Best (top grade), AAA from Fitch, Aa1 from Moody's, and AA+ from S&P - among the strongest rating profiles in the industry.
Mutual heritage
NYLIAC is the annuity-issuing subsidiary of New York Life Insurance Company, a policyholder-owned mutual.
Parent founded 1845
Backed by New York Life (established 1845); NYLIAC was formed in 1980 as the dedicated annuity issuer.
Income specialist
A leading provider of guaranteed lifetime-income annuities alongside its indexed and fixed-rate lineup.
Delaware-domiciled
NYLIAC is headquartered in Delaware and issues fixed, indexed, variable, and income annuities under the New York Life brand.
Run live numbers on New York Life products
Choose a product type, then select a current product. The analyzer shows available values for your premium, age, state, and timing, and leaves out details that are not published for that selection.
Growth FIAs
Selected product: IndexFlex Fixed Annuity - FP Series
An accumulation-focused fixed indexed annuity group with index-linked crediting and, for some versions, premium-bonus designs.
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Explore New York Life products
New York Life’s lineup, grouped by what each product group is built to do. Current rates come from CANNEX via AdvisorWorld and are checked daily.
Fixed Index Annuity - Growth
Index-linked annuities built for protected growth, with caps, participation rates, and fixed-account options surfaced from live product data.
- Growth-oriented FIAs grouped by accumulation purpose
- Individual product pages carry current rates, terms, riders, and disclosures
Best for: Buyers comparing principal-protected growth potential before opening a product page for the full live strategy set.
IndexFlex Fixed Annuity - FP Series (5-year)
Highest annual cap
9.25%
IndexFlex Fixed Annuity - FP Series (7-year)
Highest annual cap
9.25%
Rates are pulled live from CANNEX via the AdvisorWorld data feed · updated regularly. Caps, payout rates, and guaranteed rates vary by state, premium band, and rider election — confirm current terms on each product page.
Free Comparison Report
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Compare New York Life's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Find your fit
Start with the job for the money, then open the live New York Life product page that matches that goal.
How lifetime income builds
See how a guaranteed-income benefit can turn a premium into lifetime income using this carrier’s current income terms.
Lifetime withdrawal rate
6.55%
Base-growth terms
Not published
no published roll-up or income-base bonus
Annual fee
0.95%
benefit charge
Premium
$100,000
Income calculation value
$100,000
Annual lifetime income
$6,550
Shows this option's guaranteed lifetime withdrawal rate applied to your premium. No separate base-growth terms are currently published for this quick illustration. Actual results can vary; use the carrier illustration for contract-specific values.
Company overview
What New York Life is
New York Life Insurance and Annuity Corporation (NYLIAC), founded in 1980 as a wholly owned subsidiary of New York Life Insurance Company, is the dedicated issuer of the group's annuity products - including fixed indexed, multi-year guaranteed, variable, and income annuities built for retirement income and long-term savings.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
Backed by the strength and history of its parent - New York Life, established in 1845 - NYLIAC operates with a policyholder-first approach emphasizing lifetime income, capital preservation, and financial security.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
New York Life groups its annuity offerings around families such as IndexFlex Fixed Indexed Annuity, Clear Income Advantage, and Secure Term Fixed Annuities.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
Scale, labeled
Parent founded
1845
New York Life, NYLIAC's parent, established 1845.
Parent founded 1845 · AnnuityRatesHQ carrier research
Annuity issuer since
1980
NYLIAC formed in 1980 as the dedicated annuity issuer.
NYLIAC founded 1980 · AnnuityRatesHQ carrier research
Structure
Mutual-backed
Subsidiary of policyholder-owned New York Life.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
Ratings
Top-tier (4 agencies)
A++ AM Best, AAA Fitch, Aa1 Moody's, AA+ S&P.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
History highlights
New York Life, NYLIAC's parent, was established in 1845 and is one of the most established mutual life insurers in the country.
Parent founded 1845 · AnnuityRatesHQ carrier research
NYLIAC was founded in 1980 as the dedicated annuity-issuing subsidiary.
NYLIAC founded 1980 · AnnuityRatesHQ carrier research
The company has built its annuity franchise around dependable retirement solutions emphasizing guaranteed lifetime income, with an indexed and fixed-rate lineup alongside it.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
A mutual-backed annuity issuer
NYLIAC is the annuity-issuing subsidiary of New York Life Insurance Company, one of the largest and oldest mutual life insurers in the United States.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
As a mutual, New York Life is owned by its policyholders rather than public shareholders, supporting a long-term, conservative financial-management orientation.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
NYLIAC is headquartered in Delaware and issues fixed, indexed, variable, and income annuities under the New York Life brand.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
Financial strength
AM Best
CurrentA++
Superior financial-strength rating - AM Best's highest grade; stable outlook.
Checked 2026-06-22
Fitch
AAA
Exceptionally strong financial security - Fitch's highest grade.
Checked 2026-06-22
Moody's
Aa1
Very high quality with minimal credit risk; one notch below the highest grade.
Checked 2026-06-22
S&P Global
AA+
Very strong capacity to meet commitments; just below the top grade.
Checked 2026-06-22
What makes New York Life different
Among the highest-rated carriers anywhere
NYLIAC holds A++ from AM Best (the top grade), AAA from Fitch, Aa1 from Moody's, and AA+ from S&P - a four-agency strength profile matched by very few carriers, which is the core reason buyers seek out New York Life for guarantees.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
Mutual, policyholder-first
As the annuity arm of a policyholder-owned mutual, New York Life is structured around long-term obligations rather than quarterly shareholder pressure.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
Guaranteed-income depth
New York Life is a leading writer of guaranteed lifetime-income annuities; its Clear Income Advantage chassis pairs a fixed account with a guaranteed lifetime withdrawal benefit.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
Indexed + fixed lineup
Beyond income, the live lineup includes the IndexFlex fixed indexed annuity (Russell 2000 cap, trigger, and fixed strategies) and a Secure Term multi-year guaranteed annuity ladder.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
About New York Life
New York Life Insurance and Annuity Corporation (NYLIAC), headquartered in Delaware and backed by New York Life (established 1845), is the dedicated annuity issuer of one of the most trusted and financially secure mutual life insurers in the United States.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
New York Life's annuity strength is anchored in guaranteed income, with a fixed indexed annuity (IndexFlex) and a Secure Term multi-year guaranteed annuity ladder alongside it - all issued under top-tier four-agency financial-strength ratings.
Checked 2026-06-22 · AnnuityRatesHQ carrier research
New York Life combines IndexFlex for indexed accumulation, Clear Income Advantage for retirement income, and Secure Term fixed annuities.
Verified July 2026 · CANNEX Financial Exchanges via AdvisorWorld
Free Comparison Report
Get New York Life's current rate report
Compare New York Life's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Sources
- New York Life annuities site — 2026-06-22
- AnnuityRatesHQ carrier research - NYLIAC overview, ownership, ratings (A++/AAA/Aa1/AA+) — Checked 2026-06-22
- Live product catalog (IndexFlex FIA, Clear Income Advantage, Secure Term MYGA), rates, riders: CANNEX Financial Exchanges via AdvisorWorld — Verified July 2026