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

New York Life Insurance and Annuity Corporation 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. AARP has established the AARP Annuity Trust to hold group annuity contracts for the benefit of AARP members.
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. Specific products, features, and/or gifts not available in all states or countries. NYLIAC is licensed in all 50 states. (Group policy form IA-01, IA-02, and IA-04). New York Life Insurance and Annuity Corporation is a wholly owned subsidiary of New York Life Insurance Company.

Complete terms and conditions are set forth in the group policy issued by New York Life Insurance and Annuity Corporation to the Trustee of the AARP Annuity Trust.

The licensed agent is Michael Horan (Arkansas #280279, California #0B58435).

Residents of Florida: Michael Horan is a licensed Florida agent for service to Florida residents.

Residents of Kentucky: A free Buyer’s Guide is available upon request.

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