Secure Term Fixed Annuity V
New York Life Insurance and Annuity Corporation (NYLIAC)
Best available rate
5.05%
7-yr guarantee · 7-yr surrender schedule · $100,000–$1,499,999 premium
Up to 5.05% depending on guarantee term and premium band.
View all rates and terms ↓10%
Free W/D
Rates as of September 7, 2026. CANNEX via AdvisorWorld; confirm rates and state availability before purchase.
Product analyzer
Run numbers for Secure Term Fixed Annuity V
guaranteed rates, terms, state availability, surrender details, and contract facts stay scoped to this New York Life Insurance and Annuity Corporation (NYLIAC) product.
Live product data
Rates as of September 7, 2026, from AdvisorWorld and CANNEX.
5-year guaranteed rate
5% guaranteed for 5 years
A multi-term New York Life MYGA with no MVA on the selected contract, a withdrawal allowance, and nursing-home, RMD, and terminal-illness waivers.
Best fit
Safety-first buyers who want a choice of fixed guarantee periods, prefer the selected no-MVA contract, and can keep withdrawals within the published allowance.
Available guarantee terms
3, 4, 5, 6, and 7 years
AM Best
A++ Superior
Available surrender terms
3, 4, 5, 6, and 7 years
Free withdrawal
10%/yr
Minimum premium
$5,000 non-qualified / $5,000 qualified
Product analyst notes
How to think about this contract
Why it can stand out
- The contract offers multiple fixed guarantee periods under one product, supporting a ladder or a holding period chosen by the buyer.
- The selected contract data says a market value adjustment does not apply.
- A free-withdrawal allowance and nursing-home, required-minimum-distribution, and terminal-illness waivers are published.
- Qualified and non-qualified money share the same published contract minimum.
What to confirm
- Rate availability begins at a higher premium band than the contract minimum, so a smaller accepted deposit may not receive a displayed rate.
- Surrender charges can apply through the selected term even though the selected contract does not use an MVA.
- Return of premium is not published as available, so an early surrender can return less than the original deposit.
- The current rate rows do not publish the interest-crediting convention, so ending-value math must remain withheld.
Not ideal for
Buyers who need return-of-premium protection, unrestricted early liquidity, market-linked growth, or guaranteed lifetime withdrawals.
Free Comparison Report
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See how Secure Term Fixed Annuity V compares for your age, state, premium, and income goals alongside other New York Life Insurance and Annuity Corporation (NYLIAC) MYGA options.
Guaranteed Rates by Term
| Term | Surrender term | Rate effective | $5,000–$24,999Premium · comparable annual rate | $25,000–$49,999Premium · comparable annual rate | $50,000–$99,999Premium · comparable annual rate | $100,000–$1,499,999Premium · comparable annual rate | $1,500,000+Premium · comparable annual rate |
|---|---|---|---|---|---|---|---|
| 3-Year | 3-Year schedule | Sep 7, 2026 | 4.3%Compound annual rate | 4.5%Compound annual rate | 4.7%Compound annual rate | 4.95%Compound annual rate | 4.95%Compound annual rate |
| 4-Year | 4-Year schedule | Sep 7, 2026 | 4.3%Compound annual rate | 4.5%Compound annual rate | 4.7%Compound annual rate | 4.95%Compound annual rate | 4.95%Compound annual rate |
| 5-Year | 5-Year schedule | Sep 7, 2026 | 4.35%Compound annual rate | 4.55%Compound annual rate | 4.75%Compound annual rate | 5%Compound annual rate | 5%Compound annual rate |
| 6-Year | 6-Year schedule | Sep 7, 2026 | 4.35%Compound annual rate | 4.55%Compound annual rate | 4.75%Compound annual rate | 5%Compound annual rate | 5%Compound annual rate |
| 7-Year | 7-Year schedule | Sep 7, 2026 | 4.4%Compound annual rate | 4.6%Compound annual rate | 4.8%Compound annual rate | 5.05%Compound annual rate | 5.05%Compound annual rate |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
3Nursing home waiver, RMD waiver, Terminal illness waiver
Death benefit
Standard Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Joint life, Single lifePublished payout options from the normalized contract facts.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
3-Year Version
Yr 1
7%
Yr 2
7%
Yr 3
7%
After
0%
4-Year Version
Yr 1
7%
Yr 2
7%
Yr 3
7%
Yr 4
6%
After
0%
5-Year Version
Yr 1
7%
Yr 2
7%
Yr 3
7%
Yr 4
6%
Yr 5
5%
After
0%
6-Year Version
Yr 1
7%
Yr 2
7%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
After
0%
7-Year Version
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, RMD waiver, Terminal illness waiver
Carrier Ratings
Free Comparison Report
Get a Secure Term Fixed Annuity V rate report
See how Secure Term Fixed Annuity V compares for your age, state, premium, and income goals alongside other New York Life Insurance and Annuity Corporation (NYLIAC) MYGA options.