You may choose to annuitize your account value, you may make partial withdrawals or a full withdrawal. The annuity’s account value is not guaranteed and will be based upon the investment performance of the investment options that the client invest in as well as any fees and expenses that the annuity is subject to. In a nut shell, variable annuities represent a contractual agreement in which payments are made to an insurance company, amounts are then investment in variable investment options. I am licensed to offer securities in the states listed in the footer of this page.įrequently I get questions from clients and people visiting my website about annuities. As a Registered Representative of NYLIFE Securities I can only offer variable annuities offered by New York Life or its subsidiaries. However, if this article affects in a sale of this variable annuity, it will be in my capacity as a Registered Representative of NYLIFE Securities LLC, a licensed insurance agency and a wholly owned subsidiary of New York Life Insurance Company. This post is not a solicitation for you to buy this product.Before reading this article I encourage you to download the complete product prospectus and fund prospectuses so you have all the facts at your fingertips.Will I be making a recommendation to buy or not buy this annuity in this article? No.Can I sell this particular annuity? Yes.But, if you are thinking about purchasing this annuity then you are in the right place!ĭisclaimer: Although I am a Certified Financial Planner ® and can charge a planning fee, I also am licensed to sell insurance based products which pay commissions. If you are not currently considering this annuity as a vehicle to implement part of your financial plan, then you have no need to read this. Notice: This is a long article about a specific annuity, the New York Life Premier Variable Annuity II. A Transparent Review of the New York Life Premier Variable Annuity II
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