Secure Term MVA II
New York Life Insurance and Annuity Corporation (NYLIAC)
Best available rate
5.1%
7-yr guarantee · 7-yr surrender schedule · $100,000–$1,499,999 premium
Up to 5.1% depending on guarantee term and premium band.
View all rates and terms ↓10%
Free W/D
53
Jurisdictions
Rates as of September 7, 2026. CANNEX via AdvisorWorld; confirm rates and state availability before purchase.
Product analyzer
Run numbers for Secure Term MVA II
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
5.05% guaranteed for 5 years
A multi-term New York Life MYGA with an MVA, a published withdrawal allowance, and nursing-home, RMD, and terminal-illness waivers.
Best fit
Safety-first buyers who want several fixed guarantee-period choices, can hold through the selected surrender term, and understand how an MVA can affect an early exit.
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
Availability
53 jurisdictions
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 publishes multiple fixed guarantee periods, letting buyers select a rate-lock window instead of accepting one preset term.
- A free-withdrawal allowance is published together with nursing-home, required-minimum-distribution, and terminal-illness waivers.
- Systematic withdrawals are available under the published contract facts.
- Qualified and non-qualified money share the same published contract minimum.
What to confirm
- A market value adjustment applies to the selected contract and can increase or decrease surrender proceeds in addition to the surrender charge.
- Return of premium is not published as available, so an early surrender can return less than the original deposit.
- Displayed rate availability begins at a higher premium band than the contract minimum; confirm pricing for a smaller accepted deposit.
- The current rate rows do not publish the interest-crediting convention, so the page should not infer ending values.
Not ideal for
Buyers who require return-of-premium protection, unrestricted liquidity, an MVA-free contract, market-linked growth, or guaranteed lifetime withdrawals.
Free Comparison Report
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See how Secure Term MVA II 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 | 4.35%Compound annual rate | 4.55%Compound annual rate | 4.75%Compound annual rate | 5%Compound annual rate | 5%Compound annual rate |
| 4-Year | 4-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 |
| 5-Year | 5-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 |
| 6-Year | 6-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 |
| 7-Year | 7-Year schedule | Sep 7, 2026 | 4.45%Compound annual rate | 4.65%Compound annual rate | 4.85%Compound annual rate | 5.1%Compound annual rate | 5.1%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
Enhanced Beneficiary Benefit RiderBeneficiary value depends on contract terms, withdrawals, and rider elections.
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 MVA II rate report
See how Secure Term MVA II compares for your age, state, premium, and income goals alongside other New York Life Insurance and Annuity Corporation (NYLIAC) MYGA options.