New York Life today announced that the initial premium payment for its Guaranteed Future Income Annuity1 , a flexible way to generate lifetime income in the future, has been lowered to $5,000 from $10,000. The change allows those who fund their IRA annually to use their contribution to create a secure retirement income.
http://www.businesswire.com/news/topix/20130415006133/en
http://www.businesswire.com/news/topix/20130415006133/en
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