![]() You should read this Prospectus carefully before investing and keep it for future reference. Depending on current market conditions, you can make or lose money in any of the Investment Divisions. We do not guarantee the investment performance of the Is not available for policies issued in the State of New York. The Investment Divisions noted below are available regardless of the M&E Charge structure that you choose. You can split your premium payments among a Fixed Account, Our Dollar Cost Averaging programs, and the Investment Divisions listedīelow. This means your earnings are not taxed until you take money out of your policy, which can be done in several ways. Your premium payments accumulate on a tax-deferred basis. Please see TABLE OF FEES AND EXPENSESPeriodicĬharges Other Than Fund Company Charges for more information. Once the M&E Charge option is chosen it cannot be changed.įor Accumulation Value based M&E Charge policies, the M&E Charge is assessed based on the Accumulation Value of the policy and will vary with fluctuations in the policys Accumulation Value.įor Premium based M&E Charge policies, the M&E Charge is assessed based on the Adjusted Premium Payments and will not vary with fluctuations in the policys Accumulation Value. You must choose your M&E Charge option prior to the issuance of the policy. The M&E Charge assessed to your policy will be based on the option You can choose to have the Mortality and Expense Risk and Administrative Costs Charge (M&E Charge) associated with your policyĪssessed based on either the Accumulation Value of the policy (which invests in Separate Account III) or the Adjusted Premium Payments (which invests in Separate Account IV). The principal difference between the single premium version and the flexible premium version of the policies is that under the single premium policies you can only make one premium payment. Appendix 1 of this Prospectus modifies the May 1, 2012 Prospectus for the policies to describe the single premium NYLIAC offers an individual single premium version of the policies in some states. Premium Credit may be higher than those for other policies and, over time, the amount of the Premium Credit may be more than offset by those higher charges. (See PREMIUM CREDIT.) Fees and charges for a policy with a NYLIAC will apply a Premium Credit to your premium payments. May be subject to a surrender charge and/or tax penalty), a choice of when Income Payments commence, and a guaranteed death benefit if the owner dies before Income Payments have commenced. The policies offer flexible premium payments, access to your money through partial withdrawals (some withdrawals You can use these policies with retirement plans that do or do not qualify for special federal income tax treatment. We designed these policies to assist individuals with their long-term retirement planning or other Individual flexible premium New York Life Premier Plus Variable Annuity policies issued by New York Life Insurance and Annuity Corporation (NYLIAC). NYLIAC Variable Annuity Seperate Account-IV NYLIAC Variable Annuity Separate Account-III NEW YORK LIFE INSURANCE AND ANNUITY CORPORATION No other material changes were made to the prospectuses contained in the Amendment. Of the Investment Protection Plan II Rider that will be available as of May 1, 2012. ![]() ![]() The prospectuses contained in the Amendment for the New York Life Premier Variable Annuity and New York Life Premier Plus Variable Annuity note the inclusion New York Life Premier Variable Annuity and the New York Life Premier Plus Variable Annuity. The Amendment includes prospectuses for the (which will include the appropriate financial statements) and the prospectuses contained therein. Registrant will file a subsequent amendment pursuant to Rule 485(b) to include annual update changes to the registration statement We are asking that theĪmendment become effective automatically 60 days after filing pursuant to Rule 485(a)(1), on April 15, 2012. ![]() Registrant is filing this Post-Effective Amendment No. 4 for the purpose of noting that the Investment Protection Plan II Rider will be available as of May 1, 2012. Units of interest in a separate account under variable annuity contracts. This post-effective amendment designates a new effective date for a previously filed post-effective amendment. On pursuant to paragraph (a)(1) of Rule 485. On pursuant to paragraph (b) of Rule 485.Ħ0 days after filing pursuant to paragraph (a)(1) of Rule 485. Immediately upon filing pursuant to paragraph (b) of Rule 485. It is proposed that this filing will become effective (check appropriate box) (Address of Depositors Principal Executive Office)ĭepositors Telephone Number: (212) 576-7000Īpproximate Date of Proposed Public Offering: Continuous NYLIAC VARIABLE ANNUITY SEPARATE ACCOUNT-IV As filed with the Securities and Exchange Commission on February 14, 2012
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |