The AARP Lifetime Income Program from New York Life Insurance and Annuity Corporation offers guaranteed income annuities that provide a fixed continuous income, like Social Security, to help cover expenses and maintain your way of life in retirement--no matter how long you live. The annuity income will be locked in and protected from an unstable economy. And if you pass away before you’ve received the guaranteed payments from your annuity, any remaining balance will be paid to your beneficiary.

New York Life Insurance and Annuity Corporation's resilience through hard times is what will provide you with guaranteed income for life. That's why they are the nation’s number-one provider* of guaranteed lifetime income annuities.

AARP Lifetime Income Annuities From New York Life

  • Get guaranteed monthly income for life
  • Payments never change, regardless of market conditions
  • Available exclusively for AARP members ages 50-89

*Source: LIMRA, current ranking. Based on premium amount each year since 2006.

AARP Financial is a collection of financial-related products, services, and insurance programs made available to AARP members. AARP contracts with insurers and providers to make coverage and discounts. Neither AARP nor its affiliate is the insurer or provider. Insurers and providers pay a royalty fee to AARP for use of its AARP intellectual property. Amounts paid are used for the general purposes of AARP and its members.

AARP and its affiliate are not insurance agencies or carriers and do not employ or endorse individual agents, brokers, producers, representatives, or advisors.

AARP does not make individual recommendations for products, services, or insurance (collectively “products”). You are encouraged to evaluate your individual needs. Products carrying the AARP name are intended to be competitive and may not be the lowest priced.

The AARP Lifetime Income Program is underwritten by New York Life Insurance and Annuity Corporation (NYLIAC), a Delaware Corporation (NAIC #91596), Newark, DE 19713. AARP membership is required for Program eligibility. Guarantees are based on the claims-paying ability of NYLIAC. AARP membership is required for Program eligibility. Specific products, features and/or gifts not available in all states or countries. NYLIAC pays royalty fees to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. AARP and its affiliates are not insurers.

New York Life Insurance and Annuity Corporation is a wholly owned subsidiary of New York Life Insurance Company.

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