CUSIP Number:
64953F182
CUSIP Name:
7-Year Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
04 Aug 2025
Close Date:
CUSIP Note:
Scrap Book:
The New York Life IndexFlex Fixed Annuity 7 - FP Series is a single premium deferred indexed annuity with a market value adjustment (availability varies by state). The minimum single premium is $10,000 for qualified and non-qualified money. 10% of the account value as of the prior anniversary may be withdrawn in the first policy year. Surrender charges are seven years in duration, and are waived in the death. Withdrawals and taxable distributions may be subject to ordinary income tax and if made prior to age 59 1/2, may also be subject to a 10% federal income tax penalty. Guarantees based on claims paying ability of insurer. Products / features may not be available in all states. This is an annuity contract issued by an insurance company and not a bank product protected by the FDIC.
Last Modified:
11 Dec 2025 09:46