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Fidelity and New York Life Insurance Company have joined forces to launch the New York Life Premier Variable Annuity—P Series that will provide a minimum accumulation benefit rider. So reports ThinkAdvisor.

New York Life maintains that its analysis shows that in many circumstances, annuities with a minimum accumulation rider will outperform annuities that don’t offer the feature.

Read the full article from ThinkAdvisor.

 

Last modified on Saturday, 11 May 2019
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