Fidelity Investments® Adds New York Life Fixed Annuity to Product Lineup
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"The New York Life Fixed Annuity is a strong addition to Fidelity's lineup of lifetime income offerings, combining the advantages of a deferred income annuity with greater liquidity, by giving investors the ability to access their funds if their financial situation changes," said
The New York Life Clear Income Fixed Annuity- FP Series offers the following advantages: Lifetime Income: Through access to a guaranteed lifetime withdrawal benefit amount beginning on a date they select, investors can avoid outliving their assets. Individuals (or couples for joint contracts) also benefit from knowing how much annual income they will receive, based on any date they select2. Flexibility: If a person's situation changes and the need may arise to take some or all of the money sooner, individuals have access to the contract's accumulation value3. Stability: Individuals have the security of a guaranteed rate of return and cash flow regardless of market fluctuations and downturns.
With the introduction of the New York Life Clear Income Fixed Annuity- FP Series,
To learn more about annuities and how they can fit into your overall financial plan, visit www.fidelity.com/annuities/overview or speak with a Fidelity annuity specialist at 800-345-1388. About Fidelity InvestmentsFidelity's goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. With assets under administration of
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Investing involves risk including the risk of loss.Fidelity Investments and Fidelity are registered service marks of
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