Allianz Life Insurance Company of New York

based on complex data

Annuity Educator Rating

Annuity review

Index Advantage+ NY

The Index Advantage+ NY annuity delivers a secure and rewarding pathway towards a snooze-worthy retirement. It promises predictable growth and shields your investment from market downturns- a real game-changer!

Salient features like flexible payment options and death benefits make it a prime choice for those planning for a peaceful future. You can't go wrong with the Index Advantage+ NY. A worthy option for a worry-free nest egg!

Index Advantage+ NY

Your Email

Compare this annuity with 800+ others from 100+ companies

Your State

Investment

Your Gender

Your Age

Retire At

No agent will call you

About Product

Type

Registered Index-Linked

Purpose

Accumulation

Term

6 Years

Surrender schedule

Fee withdrawal:

10%

Flexible premium

Product Life

Market Value Adjustment

Return Of Premium

Minimum Contribution

$10,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, IRA, 401a, IRA Transfer, SEP IRA, IRA-Roth, and Inherited IRA

Allianz Index Advantage, our core index variable annuity, is designed to help you accumulate money for retirement and provide income after you retire. It can give you long-term growth potential through market participation – plus a level of protection – through a combination of traditional variable options and multiple index strategies.

Product Fees
Product Fee is 1.25%

Other Contract Fees and Expenses

An 8% declining withdrawal charge applies to withdrawals taken within six years after receipt of each Purchase Payment during the accumulation phase.
$50 contract maintenance charge assessed annually if the total Contract Value is less than $100,000.
$25 fee per transfer if you make more than twelve transfers between Variable Options in a Contract Year.
Variable Option operating expenses before fee waivers and expense reimbursements of 0.67$ to 0.88% of the average daily net assets.

A contract year is any period of twelve months beginning on the Issue Date or subsequent Contract Anniversary. A Contract Anniversary is a twelve-month anniversary of the Issue Date or any subsequent Contract Anniversary.

Variable Options
Blackrock
AZL Government Money Market Fund
Other Expenses for the AZL Government Money Market Fund include a recoupment of prior waived fees in the amount of 0.24%. The Manager has voluntarily undertaken to waive, reimburse, or pay the Fund’s expenses to the extent necessary in order to maintain a minimum daily net investment income for the Fund of 0.00%. The recoupment of prior waived fees reflects the recoupment of amounts previously waived, reimbursed, or paid by the Manager under this arrangement. Such recoupments are subject to the following limitations: (1) the repayments will not cause the Fund’s net investment income to fall below 0.00%; (2) the repayments must be made no later than three years after the end of the fiscal year in which the waiver, reimbursement, or payment took place; and (3) any expense recovery paid by the Fund will not cause its expense ratio to exceed 0.87%. See the Investment Option prospectus for further information.

Allianz Fund of Funds
AZL MVP Balanced Index Strategy Fund
AZL MVP Growth Index Strategy Fund
The underlying funds may pay 12b-1 fees to the distributor of the Contracts for distribution and/or administrative services. The underlying funds do not pay service fees or 12b-1 fees to the Allianz Fund of Funds and the Allianz Fund of Funds do not pay service fees or 12b-1 fees. The underlying funds of the Allianz Fund of Funds may pay service fees to the insurance companies issuing variable contracts, or their affiliates, for providing customer service and other administrative services to contract purchasers. The amount of such service fees may vary depending on the underlying fund.

The tool does not take into account any allocation to the variable options. Your results would be different if allocated to the variable options. The annual product fee of 1.25%, withdrawal charges, contract maintenance charges, and, if applicable, any rider fees are not reflected and, if deducted, would lower the results shown. You should consider all of a product's features and benefits and consult with a financial professional regarding your investment objectives and risk tolerance before purchasing a variable annuity.

Available in states: NY

Allocation Accounts

Name	Type	Rates
1-Year S&P 500 PTP Cap Performance Strategy with 10% Buffer	Point to Point Annual	16% Cap
1-Year Russell 2000 PTP Cap Performance Strategy with 10% Buffer	Point to Point Annual	17.75% Cap
1-Year EURO STOXX 50 PTP Cap Performance Strategy with 10% Buffer	Point to Point Annual	25.5% Cap
1-Year Nasdaq-100 PTP Cap Performance Strategy with 10% Buffer	Point to Point Annual	15.25% Cap
1-Year EURO STOXX 50 PTP Cap Protection Strategy	Point to Point Annual	10.75% Cap
1-Year S&P 500 PTP Cap Protection Strategy	Point to Point Annual	7.75% Cap
1-Year Russell 2000 PTP Cap Protection Strategy	Point to Point Annual	8.5% Cap
1-Year Nasdaq-100 PTP Cap Protection Strategy	Point to Point Annual	7.75% Cap
3-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 10% Buffer	Point to Point Triennial	100% Participation 100% Cap
3-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 10% Buffer	Point to Point Triennial	100% Participation 70% Cap
3-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 20% Buffer	Point to Point Triennial	100% Participation 40% Cap
3-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 20% Buffer	Point to Point Triennial	100% Participation 45% Cap
6-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 10% Buffer Uncapped	Point to Point 6-Year	100% Participation
6-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 10% Buffer	Point to Point 6-Year	100% Participation 85% Cap
1-Year S&P 500 Dual Precision Strategy	Dual Step Up Annual	8.7% Performance triggered
1-Year Russell 2000 Dual Precision Strategy	Dual Step Up Annual	10.2% Performance triggered
1-Year Nasdaq-100 Dual Precision Strategy	Dual Step Up Annual	10.2% Performance triggered
1-Year EURO STOXX 50 Dual Precision Strategy	Dual Step Up Annual	8.6% Performance triggered
1-Year Nasdaq-100 PTP Cap Performance Strategy with 20% Buffer	Point to Point Annual	10.75% Cap
1-Year Nasdaq-100 PTP Cap Performance Strategy with 30% Buffer	Point to Point Annual	9.25% Cap
1-Year EURO STOXX 50 PTP Cap Performance Strategy with 30% Buffer	Point to Point Annual	11.5% Cap
1-Year Russell 2000 PTP Cap Performance Strategy with 30% Buffer	Point to Point Annual	9.75% Cap
1-Year S&P 500 PTP Cap Performance Strategy with 30% Buffer	Point to Point Annual	8.5% Cap
1-Year S&P 500 PTP Cap Performance Strategy with 20% Buffer	Point to Point Annual	10.75% Cap
1-Year Russell 2000 PTP Cap Performance Strategy with 20% Buffer	Point to Point Annual	12.25% Cap
1-Year EURO STOXX 50 PTP Cap Performance Strategy with 20% Buffer	Point to Point Annual	16% Cap
3-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 30% Buffer	Point to Point Triennial	100% Participation 30% Cap
3-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 30% Buffer	Point to Point Triennial	100% Participation 40% Cap
6-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 20% Buffer	Point to Point 6-Year	100% Participation 80% Cap
6-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 20% Buffer	Point to Point 6-Year	100% Participation 125% Cap
6-Year S&P 500 PTP Participation Rate with Cap Performance Strategy with 30% Buffer	Point to Point 6-Year	100% Participation 60% Cap
6-Year Russell 2000 PTP Participation Rate with Cap Performance Strategy with 30% Buffer	Point to Point 6-Year	100% Participation 65% Cap
1-Year S&P 500 Precision Strategy	Performance Triggered Annual	10.5% Performance triggered
1-Year Russell 2000 Precision Strategy	Performance Triggered Annual	12.3% Performance triggered
1-Year Nasdaq-100 Precision Strategy	Performance Triggered Annual	12.1% Performance triggered
1-Year EURO STOXX 50 Precision Strategy	Performance Triggered Annual	11.1% Performance triggered

Surrender schedule

Year	1	2	3	4	5	6
Penalty	8%	7%	6%	5%	3%	1%

Riders

No Riders for Index Advantage+ NY annuity.

Waivers

Nursing Home

This benefit allows you to take a withdrawal without incurring a withdrawal charge if you are confined to a nursing home for a period of at least 90 consecutive days.

Premium Notes

Issue Age

Age 0-85

Purchase Payments

Minimum initial: $10,000
Minimum subsequent: $50
Maximum: $10,000,000
Each purchase payment begins its own withdrawal charge schedule.
Allianz restricts additional purchase payments. Each Index Year you cannot add more than your initial amount (total of all purchase payments received before the first Quarterly Contract Anniversary of the first Contract Year). Allianz allows you to add up to the initial amount in the remainder of the first Index Year.

Withdrawal Provisions

Free Withdrawal PrivilegeAllows you to withdraw 10% of your total Purchase Payments each Contract Year during the Accumulation Phase without incurring a withdrawal charge.Any unused free withdrawal privilege in one Contract Year is not added to the amount available in the next Contract Year.On a full withdrawal these free withdrawals may be subject to a withdrawal charge as described in the prospectus. If you withdraw more than the free withdrawal privilege we will assess a withdrawal charge if the withdrawal is taken from a Purchase Payment we received within the last six years.Systematic Withdrawal ProgramProvides automatic withdrawals of at least $100 to you at a frequency you select. The withdrawals reduce the amount available under the free withdrawal privilege but are not subject to a withdrawal charge if you exceed the free withdrawal privilege.

Company Founded: 1982

TOP Rated Company

Allianz Life Insurance Company of New York

Company Ratings

4.8