Secure Term Choice II
New York Life Insurance and Annuity Corporation (NYLIAC)
4.9%
7-yr guarantee · $100,000+ premium
10%
Free W/D
53
Jurisdictions
Rates as of July 28, 2026. CANNEX via AdvisorWorld; confirm rates and state availability before purchase.
Product analyzer
Run numbers for Secure Term Choice II
guaranteed rates, terms, state availability, surrender details, and contract facts stay scoped to this New York Life Insurance and Annuity Corporation (NYLIAC) product.
Free withdrawal
10%/yr
Availability
53 jurisdictions
Minimum premium
$5,000
Available guarantee terms
3, 4, 5, 6, and 7 years
Surrender period
7 years
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Guaranteed Rates by Term
| Term | $5,000–$24,999Premium | $25,000–$49,999Premium | $50,000–$99,999Premium | $100,000+Premium |
|---|---|---|---|---|
| 3-Year | 3.95% | 4.05% | 4.35% | 4.75% |
| 4-Year | 3.95% | 4.05% | 4.25% | 4.6% |
| 5-Year | 3.9% | 4.1% | 4.4% | 4.8% |
| 6-Year | 4.05% | 4.25% | 4.35% | 4.7% |
| 7-Year | 4% | 4.45% | 4.65% | 4.9% |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
2Nursing home waiver, Terminal illness waiver
Death benefit
Enhanced Beneficiary Benefit RiderBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single and jointContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
Yr 1
7%
Yr 2
7%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
Free Comparison Report
Get a Secure Term Choice II rate report
See how Secure Term Choice II compares for your age, state, premium, and income goals alongside other New York Life Insurance and Annuity Corporation (NYLIAC) MYGA options.