New York Life – Premium Deposit Account – Crediting Rate Increased to 3.25%


Effective 04/01/2022

From New York Life

The interest crediting rate for our Premium Deposit Account (PDA) increased from 2.75% to 3.25%.

The New York Life Custom Whole Life or Custom Survivorship Whole Life policy provides lifelong death benefit protection, as long as you pay your premiums when they are due, and it offers a range of features and benefits designed to help you meet your unique life insurance needs. Now, with our Premium Deposit Account, it’s easier than ever to pay Custom Whole Life annual premiums while also earning interest on your money.

Attached is an FAQ sheet along with a client flier with more information on how the PDA works.


[fivo_docs title=”PDA – Client Info” ids=”5958″] [fivo_docs title=”PDA-FAQ” ids=”5964″]


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