Guaranteed Income
for as Long as You Live

The AARP Lifetime Income Program offers annuity options to help protect
against the risk of outliving your savings. Exclusively for AARP members,
from New York Life Insurance and Annuity Corporation, these fixed immediate
annuities can help you:

  • Turn part of your savings into guaranteed income you can’t outlive
  • Lock in a monthly income stream for life
  • Receive fixed payments regardless of market conditions

Lifetime Income
with Cash Refund

Fixed immediate annuity for AARP members ages 50 to 89

Lifetime Income
with 10 Year Guarantee

Fixed immediate annuity for AARP members
ages 50 to 85

Receive guaranteed monthly income payments
for life
Receive guaranteed monthly income payments
for life
“Cash Refund” feature: if you die before your total payments equal your annuity purchase price, your beneficiary will be paid the difference“10 Year Guarantee” feature: if you die before 10 years have passed, your beneficiary will receive the remaining monthly payments during the
10-year guarantee period*
Purchase using funds from savings and CD's
or a 401(k) or IRA
Purchase using funds from savings and CD's
or a 401(k) or IRA
Payments begin immediately and never change, regardless of market conditionsPayments begin immediately and never change, regardless of market conditions
Single or Joint Life Plans AvailableSingle Life Plan available
» More Information» More Information
Take a Look at a Guaranteed Monthly Income Example

Take a Look at a Guaranteed Monthly Income Example

* Total payments received may be more or less than what you paid into the annuity, depending on how long you live.

Strength of New York Life
Insurance and Annuity
Corporation, Program
Endorsed by AARP

The AARP Lifetime Income Program is endorsed by AARP, a nonprofit membership organization that helps people 50 and over improve the quality of their lives.

Not an AARP Member Yet?

The AARP Lifetime Income Program is exclusively for AARP members. In most states, if you’re not a member, you can still request your free Information Kit by clicking the link below.

Enroll for Lifetime Income in Four Easy Steps

  • Choose an
    Annuity

    Get a free Information Kit with personalized Lifetime Income quote by mail.

  • Complete an
    Enrollment Form

    Review your Information Kit and mail your Enrollment Form.

  • Fund Your
    Annuity

    Make just one payment, by check or funds transfer.

  • Receive
    Your Income

    Start getting your monthly income payments.

Ready to see how a Lifetime Income group annuity can fit into your retirement strategy?

Ready to see how a Lifetime Income group annuity can fit into your retirement strategy?
Talk to an Annuity Specialist

Talk to an Annuity Specialist:

Call New York Life at 1-800-590-1455
8 a.m. to 6 p.m. (Eastern Time) Monday through Friday, or 9 a.m. to 5 p.m. (Eastern Time) Saturday