Annuities
The American Equity of New York Commitment
When you purchase an annuity with American Equity of New York, you are buying more than a retirement product. By selecting a product with a dependable income stream, you are helping secure your financial stability while protecting principal.
Retirement goals differ from person to person but retirement needs are often the same. An annuity may help you reach your financial goals and meet your lifestyle needs by protecting your money from index volatility, affording growth opportunities and establishing a guaranteed income source that cannot be outlived.
What is an annuity and how do annuities work?
An annuity is an insurance product that is backed by the financial strength and claims-paying ability of the issuing company. Like other important facets of your life, such as your health or home, an annuity helps you to insure retirement income.
When you purchase an annuity your contract guarantees you the benefits of your annuity, a retirement vehicle designed to protect your money, allow for growth opportunities, and provide guaranteed income payments.
The benefits of annuities:
- Principal protection
- Tax-deferred growth
- Guaranteed income
- Liquidity
- May help avoid probate
What is a fixed annuity?
A fixed annuity guarantees principal protection and provides interest accumulation based on a fixed interest rate determined at the time the contract is purchased.
Guarantees based on the financial strength and claims paying ability of American Equity Investment Life Insurance Company of New York. American Equity of New York is a wholly owned subsidiary of American Equity Investment Life Insurance Company®.
American Equity of New York does not offer legal, investment, or tax advice. Please consult a qualified professional.