As of August 31, 2018 For policies purchased before June 2, 2003 To obtain a copy of the product and funds prospectuses, please contact your NYLIFE Securities LLC Registered Representative or call 1-800-598-2019. Investors are asked to consider the investment objectives, risks, charges and expenses of the investment carefully before investing. Both the product prospectus and the underlying fund prospectuses contain this and other information about the product and underlying Investment Options. Please read the prospectuses carefully before investing. 1 Performance for the classes/shares in this performance summary do not impose a 12b-1 fee (except for Fidelity VIP Mid Cap Service Class 2, Victory VIF Diversified Stock Class A Shares, Neuberger Berman AMT Mid-Cap Growth Portfolio Class S, Columbia Variable Portfolio Small Cap Value Fund Class 2, MainStay VP Floating Rate Service Class, MainStay VP Balanced Service Class, MainStay Conservative Allocation Service Class, MainStay VP Growth Allocation Service Class, MainStay VP Moderate Allocation Service Class, MainStay VP Moderate Growth Allocation Service Class, MainStay VP Unconstrained Bond Service Class, BlackRock Global Allocation Fund V.I. Class III Shares, MainStay VP MFS Utilities Service Class, MainStay VP PIMCO Real Return Service Class, MainStay VP Absolute Retrun Multi-Strategy -Service Class, Invesco V.I. American Value Fund - Series II, Morgan Stanley VIF U.S. Real Estate - Class II, American Funds IS New World Fund - Class 4, BlackRock High Yield V.I. Fund Class III Shares, Fidelity VIP Growth Opportunities Service Class 2, Invesco V.I. International Growth Fund - Series II, PIMCO VIT Foreign Bond Portfolio (U.S. Dollar-Hedged) - Advisor Class, PIMCO VIT Total Return Portfolio - Advisor Class, American Funds IS Global Small Cap Fund Class 4, Columbia Variable Portfolio Commodity Strategy Fund Class 2, Columbia Variable Portfolio Emerging Markets Bond Fund Class 2, MainStay VP Cushing Renaissance Advantage Service Class, Deutsche Alternative Asset Allocation VIP - Class B, MainStay VP Small Cap Core - Service Class, PIMCO VIT Low Duration Portfolio - Advisor Class, ClearBridge Variable Appreciation Portfolio Class II, MFS International Value Portfolio Service Class, MainStay VP Indexed Bond Service Class, American Funds IS Growth Fund - Class 4, Delaware VIP Small Cap Value - Service Class, Janus Henderson VIT Enterprise Portfolio - Service Shares, American Funds IS Blue Chip Income and Growth Fund - Class 4, Fidelity Emerging Markets - Service Class 2, American Funds IS Asset Allocation Fund - Class 4) and may be higher than the returns for those classes/shares that do impose a 12b -1 fee. Contact your NYLIFE Securities LLC Registered Representative or call 1-800- 598-2019 for more information. Investment Division Inception Date is the date in which the Investment Division is first offeredin the product. Portfolio Inception Date is the date that the Portfolio in which the Investment Division invests was first o ffered. 2 Assumes no deduction for contingent deferred sales charge. 3 Volatility/Risk Levels are assigned by New York Life. The Investment Divisions are grouped by risk classifications that reflect performance volatility based on Morningstar classifications as of December 31, 2017. Morningstar is a widely used independent research firm, which ranks mutual funds and other investment companies byoverall performance, investment objectives and assets. While there is no standard definition, generally alternative funds include nontraditional asset classes or strategies and/or illiquid assets. Alternative investments are speculative, can carry substantial risk, and may not be appropriate for all investors. For those investors who are able to bear greater risk in return for the opportunity they provide, alternative investments may be appropriate. 4 Certain Portfolios existed prior to the date that they were added as Investment Divisions of the Separate Account. The performance for the MainStay VP Funds Trust. Service class portfolios are based on the Initial Class Portfolio (where applicable). The performance for all other Investment Divisions is based on the Portfolio Inception Date reflected in the performance summary. The hypothetical performance of the Investment Divisions was derived from the performance of the corresponding Portfolio, modified to reflect Separate Account and Fund annual expenses as if the policy had been available during the periods shown. 5 The S&P 500 Index is an unmanaged index and is widely regarded as the standard for measuring Large-Cap U.S. stock market performance. "S&P 500" is a trademark of the McGraw-Hill Companies, Inc. and has been licensed for use by the MainStay VP MacKay S&P 500 Index Portfolio. The MainStay VP MacKay S&P 500 Index Portfolio is not sponsored, endorsed, sold or promoted by Stan dard & Poor's and Standard and Poor's makes no representation regarding the advisability of investing in the MainStay VP MacKay S&P 500 Index Portfolio. Investors cannot invest directly in an Index. 6 New allocations to the MainStay VP Eagle Small Cap Growth Initial Class Investment Division will not be accepted from Policyowners who were not invested in the MainStay VP Eagle Small Cap Growth Initial Class on February 17, 2012. For existing Policyowners, if you remove all of your Accumulation Value from the MainStay VP Eagle Small Cap Growth Initial Class Investment Division on or after February 17, 2012, you will not be able to reinvest in this Investment Divisions. 7 New allocations to the MainStay VP Janus Henderson Balanced Initial Class Investment Division will not be accepted from Policyowners who were not invested in the MainStay VP Janus Henderson Balanced Initial Class on February 17, 2012. For existing Policyowners, if you remove all of your Accumulation Value from the MainStay VP Janus Henderson Balanced Initial Class Investment Division on or after February 17, 2012, you will not be able to reinvest in this Investment Divisions. The MainStay VP J anus Henderson Balanced Service Class imposes a 12b-1 fee. 8 An Investment in the MainStay VP U.S. Government Money Market Portfolio is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency and there can be no assurance that the Portfolio will be able to maintain a stable net asset value. Although the Portfolio seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Portfolio. The current yield more closely reflects the Portfolio's earnings than the total return figures shown. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial suppor t to the fund at any time. 9 New allocations to the MainStay VP MacKay Growth, MainStay VP Emerging Markets Equity, MainStay VP T. Rowe Price Equity Income and Victory VIF Diversified Stock Investment Divisions will not be accepted from Policyowners who were not invested in the Investment Divisions on November 13, 2017. For existing Policyowners, if you remove all of your Accumulation Value from these Investment Divisions on or after November 13, 2017, you will not be able to reinvest in these Investment Divisions. The Service Class versions of these Investment Divisions impose a 12b-1 fee. 10 New allocations to the MainStay VP Absolute Return Multi-Strategy Investment Division will not be accepted from Policyowners who were not invested in the Investment Division on May 1, 2018. For existing Policyowners, if you remove all of your Accumulatio n Value from this Investment Division on or after May 1, 2018, you will not be able to reinvest in this Investment Division. Performance information less than 1 year has not been annualized. Historically, certain fees have been assumed or reduced by some of the portfolios. Had these expenses not be assumed or redu ced, the total return for those Investment Divisions would have been lower. The New York Life Premium Plus Variable Annuity is a flexible premium deferred annuity issued by NYLIAC. Under this policy, we will apply a credit to premiums paid in a percentage amount according to the credit rate schedule then in effect. Policies with a premium Credit may have higher fees and expenses, and may have longer surrender charge periods than policies that do not prov ide the Credit feature. There may be circumstances in which the purchase of a New York Life Premium Plus Variable Annuity is less advantageous than the purchase of another New York Life variable annuity which may have lower fees but no credit. This may b e the case, for example, if you intended to make fewer and smaller payments into the contract, or if you anticipate retaining the contract for a significant time beyond the surrender charge period. Sales of the New York Life Premium Plus Variable Annuity were discontinued. Current policy owners may continue to make premi ums payments, subject to their contract provisions. Existing policies will continue to be serviced. New York Life Variable Annuities are long-term retirement products issued by New York Life Insurance and Annuity Corporation ("NYLIAC "), a Delaware Corporation, and offered by NYLIFE Securities LLC, Member FINRA/SIPC. Both NYLIAC and NYLIFE Securities LLC are wholly-owned subsidiaries of New York Life Insurance Company, 51 Madison Avenue, New York, New York 10010. There are fees, guidelines, risks, restrictions and limitations to consider when purchasing variable annuities. For costs and complete details, contact a financial professional. SMRU 1567694 Page 1 of 5
Average Annual Total Return as of August 31, 2018 (Updated Monthly) Non-Standardized (Assuming No Surrender) 2 Standardized (Assuming Surrender) Investment Year to Since Since Portfolio Division Month to Date* Investment Investment Volatility/ Inception Inception Date* (Updated 1 3 5 10 Division 1 3 5 10 Division Investment Divisions 1 Risk Level 3 Date Date 1 Monthly) Year 4 Year 4 Year 4 Year 4 Inception Year 4 Year 4 Year 4 Year 4 Inception Equity MainStay VP MacKay Common Stock - Initial Class High 1/23/1984 12/15/1993 4.05% 9.20% 19.57% 13.63% 12.77% 8.65% 3.88% 11.57% 11.52% 12.01% 8.65% 3.88% MainStay VP MacKay Growth - Initial Class 9 High 1/29/1993 1/29/1993 6.40% 16.08% 27.79% 14.55% 12.17% 7.97% 1.48% 19.79% 12.49% 11.40% 7.97% 1.48% MainStay VP Cushing Renaissance Advantage Service Class Highest 5/1/2015 5/1/2015 0.62% -3.67% 16.82% 3.74% N/A N/A -1.26% 8.82% 1.20% N/A N/A -3.38% MainStay VP Emerging Markets Equity - Initial Class 9 Highest 2/17/2012 2/17/2012-3.42% -11.16% -6.47% 7.94% -0.12% N/A -2.14% -13.95% 5.60% -1.34% N/A -2.75% MainStay VP Eagle Small Cap Growth - Initial Class 6 High 2/17/2012 2/17/2012 6.85% 16.09% 26.63% 14.33% 10.54% N/A 10.30% 18.63% 12.25% 9.73% N/A 9.94% MainStay VP Eagle Small Cap Growth Service Class High 2/17/2012 2/17/2012 6.83% 15.90% 26.32% 14.05% 10.27% N/A 10.02% 18.32% 11.96% 9.44% N/A 9.66% MainStay VP Growth Allocation - Service Class High 2/13/2006 2/13/2006 1.05% 2.15% 10.48% 9.05% 7.55% 5.86% 4.84% 2.48% 6.76% 6.63% 5.86% 4.84% MainStay VP MacKay International Equity - Initial Class High 5/1/1995 5/1/1995 0.13% 4.58% 12.73% 10.64% 6.61% 3.80% 3.78% 4.73% 8.42% 5.67% 3.80% 3.78% MainStay VP Large Cap Growth - Initial Class High 5/1/1998 6/1/1998 4.26% 20.23% 26.68% 16.08% 14.98% 10.13% 3.19% 18.68% 14.07% 14.29% 10.13% 3.19% MainStay VP MacKay Mid Cap Core - Initial Class High 7/2/2001 7/6/2001 4.01% 6.45% 16.25% 10.56% 11.10% 8.80% 8.08% 8.25% 8.33% 10.30% 8.80% 8.08% MainStay VP MacKay S&P 500 Index - Initial Class 5 High 1/29/1993 1/29/1993 3.10% 8.64% 17.56% 13.97% 12.40% 8.83% 4.08% 9.56% 11.88% 11.64% 8.83% 4.08% MainStay VP MacKay Small Cap Core - Service Class High 5/2/2016 5/2/2016 2.85% 10.80% 21.44% N/A N/A N/A 17.57% 13.44% N/A N/A N/A 14.76% MainStay VP Epoch U.S. Small Cap - Initial Class High 5/1/1998 6/1/1998 2.65% 3.86% 15.74% 9.52% 8.88% 7.83% 4.82% 7.74% 7.25% 8.01% 7.83% 4.82% MainStay VP VanEck VIP Global Hard Assets - Initial Class Highest 2/17/2012 2/17/2012-7.73% -10.48% 3.19% 0.50% -6.89% -4.49% -6.68% -4.81% -2.22% -8.04% -4.49% -7.26% American Funds IS Global Small Cap Fund Class 4 High 12/14/2012 5/1/2015 2.55% 6.07% 13.83% 7.68% 7.72% 5.36% 5.83% 5.83% 5.33% 6.82% 5.36% 3.95% American Funds IS Growth Fund - Class 4 High 12/14/2012 11/13/2017 3.33% 14.43% 22.23% 17.04% 14.54% 9.36% 16.84% 14.23% 15.06% 13.84% 9.36% 8.84% American Funds IS New World Fund - Class 4 Highest 12/14/2012 5/1/2014-3.81% -6.13% -0.73% 7.86% 3.43% 2.73% 1.64% -8.68% 5.52% 3.43% 2.73% 1.64% ClearBridge Variable Appreciation Portfolio Class II High 2/27/2015 5/1/2017 2.87% 7.55% 15.43% 12.34% 10.72% 8.04% 13.88% 7.43% 10.19% 9.91% 8.04% 8.09% Columbia Variable Portfolio Commodity Strategy Fund Class 2 High 4/30/2013 5/1/2015-2.37% -6.35% -2.45% -3.49% -10.51% N/A -7.15% -10.25% -6.13% -11.61% N/A -9.15% Columbia Variable Portfolio - Small Cap Value Fund Class 2 High 6/1/2000 11/15/2004 1.91% 5.44% 16.82% 14.32% 10.37% 7.78% 7.11% 8.82% 12.24% 9.55% 7.78% 7.11% Delaware VIP Small Cap Value - Service Class High 5/1/2000 11/13/2017 1.81% 4.11% 15.16% 13.17% 10.15% 8.64% 8.18% 7.16% 11.05% 9.32% 8.64% 0.18% Dreyfus IP Technology Growth - Initial Shares High 8/31/1999 7/6/2001 6.28% 19.50% 29.00% 21.95% 17.73% 12.94% 6.75% 21.00% 20.13% 17.10% 12.94% 6.75% Fidelity VIP Contrafund - Initial Class High 1/3/1995 10/1/1996 4.31% 9.66% 16.22% 12.64% 11.65% 8.46% 6.12% 8.22% 10.49% 10.86% 8.46% 6.12% Fidelity VIP Emerging Markets Service Class 2 Highest 01/23/2008 05/01/2018-3.07% -9.28% -1.20% 10.22% 5.35% 1.53% -7.30% -9.10% 7.98% 4.36% 1.53% -14.72% Fidelity VIP Growth Opportunities Service Class 2 High 1/12/2000 5/1/2014 6.65% 24.94% 32.69% 19.08% 15.88% 11.28% 15.89% 24.69% 17.17% 15.21% 11.28% 15.03% Fidelity VIP Mid Cap - Service Class 2 High 1/12/2000 9/8/2003 1.44% 5.57% 16.30% 10.70% 10.03% 7.73% 9.39% 8.30% 8.48% 9.20% 7.73% 9.39% Invesco V.I. American Value Fund - Series II High 5/5/2003 5/1/2013 1.14% 7.79% 18.87% 7.16% 7.35% 7.40% 7.79% 10.87% 4.79% 6.43% 7.40% 7.11% Invesco V.I. International Growth Fund - Series II High 9/19/2001 5/1/2014-2.18% -6.15% -1.52% 4.07% 3.21% 2.94% 0.60% -9.40% 1.55% 2.13% 2.94% -0.79% Janus Henderson VIT Enterprise Portfolio Service Shares High 12/31/1999 11/13/2017 3.99% 14.30% 23.07% 17.01% 14.99% 10.48% 16.54% 15.07% 15.03% 14.29% 10.48% 8.54% Janus Henderson VIT Global Research Portfolio - Institutional Shares High 9/13/1993 10/1/1996 0.92% 6.03% 13.25% 9.44% 9.12% 6.15% 0.63% 5.25% 7.17% 8.26% 6.15% 0.63% MFS International Value Portfolio Service Class High 8/24/2001 5/1/2017 0.76% 1.00% 7.80% 9.78% 8.35% 6.57% 10.63% -0.20% 7.52% 7.47% 6.57% 4.79% MFS Research Series - Initial Class High 7/26/1995 5/1/1998 2.91% 9.41% 17.09% 13.15% 11.57% 8.76% 3.38% 9.09% 11.03% 10.79% 8.76% 3.38% Neuberger Berman AMT Mid-Cap Growth - Class S High 2/18/2003 6/2/2003 5.38% 13.79% 24.08% 10.61% 11.14% 8.56% 8.95% 16.08% 8.38% 10.34% 8.56% 8.95% Morgan Stanley VIF U.S. Real Estate - Class II Highest 11/5/2002 5/1/2013 3.14% 3.34% 7.85% 6.06% 7.51% 4.90% 4.36% -0.15% 3.64% 6.60% 4.90% 3.56% Victory VIF Diversified Stock - Class A Shares 9 High 7/1/1999 5/1/2004 3.49% 2.41% 15.96% 8.95% 8.52% 5.46% 5.86% 7.96% 6.65% 7.64% 5.46% 5.86% Equity and Income MainStay VP Balanced - Service Class Moderate 5/1/2005 5/1/2005 1.48% 1.67% 6.10% 5.87% 6.15% 5.90% 4.82% -1.90% 3.44% 5.18% 5.90% 4.82% MainStay VP MacKay Convertible - Initial Class Moderate 10/1/1996 10/1/1996 3.16% 8.96% 13.17% 9.30% 8.23% 7.14% 4.57% 5.17% 7.02% 7.34% 7.14% 4.57% MainStay VP Epoch U.S. Equity Yield Service Class High 5/1/1998 6/1/1998 1.24% 1.46% 8.34% 7.15% 6.67% 6.40% 4.16% 0.34% 4.77% 5.72% 6.40% 4.16% MainStay VP Income Builder - Initial Class Moderate 1/29/1993 1/29/1993 0.20% -1.35% 1.90% 5.34% 5.22% 5.64% 2.22% -6.10% 2.88% 4.22% 5.64% 2.22% MainStay VP Janus Henderson Balanced - Initial Class 7 Moderate 2/17/2012 2/17/2012 2.26% 6.94% 13.76% 9.42% 8.26% N/A 8.19% 5.76% 7.14% 7.37% N/A 7.80% MainStay VP Absolute Return Multi-Strategy - Service Class 10 Moderate 5/1/2013 5/1/2013-2.20% -6.68% -7.77% -4.64% -5.79% N/A -4.68% -15.14% -7.25% -6.94% N/A -5.59% MainStay VP MFS Utilities - Service Class High 2/17/2012 2/17/2012-0.18% 3.56% 2.23% 5.14% 5.11% 5.23% 6.43% -5.77% 2.67% 4.11% 5.23% 5.99% MainStay VP Moderate Allocation - Service Class Moderate 2/13/2006 2/13/2006 0.64% 0.55% 5.15% 5.73% 5.03% 5.01% 4.37% -2.85% 3.29% 4.02% 5.01% 4.37% MainStay VP Moderate Growth Allocation - Service Class High 2/13/2006 2/13/2006 0.87% 1.67% 8.25% 7.60% 6.47% 5.70% 4.87% 0.25% 5.25% 5.52% 5.70% 4.87% MainStay VP T. Rowe Price Equity Income - Initial Class 9 High 3/31/1994 5/1/1998 0.55% 2.69% 11.66% 11.52% 8.35% 6.83% 9.62% 3.66% 9.33% 7.46% 6.83% 9.25% American Funds IS Asset Allocation Fund - Class 4 Moderate 12/14/2012 05/01/2018 0.43% 2.72% 6.45% 9.03% 7.35% 6.37% 3.98% -1.55% 6.74% 6.43% 6.37% -4.02% American Funds IS Blue Chip Income and Growth Fund - Class 4 High 12/14/2012 11/13/2017 0.36% 2.78% 13.67% 11.91% 10.86% 7.81% 8.87% 5.67% 9.74% 10.05% 7.81% 0.87% BlackRock Global Allocation V.I. Fund - Class III Shares Moderate 11/18/2003 5/1/2011 0.00% -0.70% 1.88% 4.10% 3.59% 3.46% 2.59% -6.12% 1.58% 2.53% 3.46% 2.24% DWS Alternative Asset Allocation VIP - Class B Moderate 5/18/2009 5/2/2016-0.06% -4.75% -3.48% 0.34% -0.09% N/A 0.25% -11.20% -2.38% -1.32% N/A -3.26% Fidelity VIP Equity-Income - Initial Class High 10/9/1986 10/1/1996 1.32% 2.57% 9.96% 9.93% 7.98% 6.59% 4.48% 1.96% 7.67% 7.08% 6.59% 4.48% MFS Investors Trust Series - Initial Class High 10/9/1995 5/1/1998 1.53% 6.50% 14.63% 11.87% 11.15% 8.01% 4.02% 6.63% 9.70% 10.35% 8.01% 4.02% Income MainStay VP Bond-Initial Class Moderate 1/23/1984 12/15/1993 0.55% -2.38% -2.84% 0.36% 1.02% 2.33% 3.12% -10.61% -2.37% -0.16% 2.33% 3.12% MainStay VP U.S. Government Money Market - Current yield is -1.58% 8 Low 1/29/1993 5/1/1995 0.00% -0.26% -0.56% -1.17% -1.33% -1.42% -0.23% -8.52% -3.88% -2.55% -1.42% -0.23% MainStay VP Conservative Allocation - Service Class Moderate 2/13/2006 2/13/2006 0.47% -0.43% 2.50% 3.90% 3.54% 4.34% 3.92% -5.50% 1.36% 2.48% 4.34% 3.92% MainStay VP Floating Rate-Service Class Moderate 5/1/2005 5/1/2005 0.36% 1.72% 2.62% 2.49% 1.76% 2.25% 1.99% -5.38% -0.12% 0.61% 2.25% 1.99% MainStay VP MacKay Government - Initial Class Moderate 1/29/1993 1/29/1993 0.38% -2.07% -3.01% -0.91% -0.03% 1.20% 2.30% -10.77% -3.63% -1.26% 1.20% 2.30% MainStay VP MacKay High Yield Corporate Bond - Initial Class Moderate 5/1/1995 5/1/1995 0.77% 0.85% 2.07% 5.18% 3.97% 5.64% 5.59% -5.93% 2.71% 2.92% 5.64% 5.59% MainStay VP Indexed Bond Service Class Moderate 5/1/2017 5/1/2017 0.40% -2.61% -3.49% N/A N/A N/A -1.80% -11.21% N/A N/A N/A -7.75% MainStay VP PIMCO Real Return - Service Class Moderate 2/17/2012 2/17/2012 0.31% -1.48% -1.40% 0.29% -0.26% 1.24% -1.14% -9.29% -2.43% -1.49% 1.24% -1.76% MainStay VP MacKay Unconstrained Bond - Service Class Moderate 5/1/2011 5/1/2011 0.16% -0.91% -0.39% 1.61% 1.25% N/A 1.91% -8.36% -1.04% 0.08% N/A 1.54% BlackRock High Yield V.I. Fund Class III Shares Moderate 2/15/2012 5/1/2014 0.35% 0.75% 1.55% 3.81% 3.39% 5.62% 2.13% -6.45% 1.27% 2.32% 5.62% 0.81% Columbia Variable Portfolio Emerging Markets Bond Fund Class 2 Moderate 4/30/2012 5/1/2015-3.09% -7.69% -7.08% 3.14% 2.07% N/A 1.26% -14.51% 0.56% 0.94% N/A -0.83% PIMCO VIT International Bond Portfolio (U.S. Dollar-Hedged) - Advisor Class Moderate 5/1/2014 5/1/2014-0.28% 0.51% 0.61% 2.25% 2.98% 4.18% 2.52% -7.39% -0.37% 1.88% 4.18% 1.22% PIMCO VIT Low Duration Portfolio - Advisor Class Low 3/31/2006 5/2/2016-0.26% -1.40% -2.03% -0.90% -0.65% 0.92% -0.95% -9.87% -3.61% -1.87% 0.92% -4.43% PIMCO VIT Total Return Portfolio - Advisor Class Moderate 2/28/2006 5/1/2014 0.27% -2.21% -3.08% 0.36% 0.83% 2.75% 0.41% -10.83% -2.36% -0.36% 2.75% -0.99% Please read the important disclosures regarding the product performance on the following page. Page 2 of 5
Performance data quoted is past performance. Past performance is no guarantee of future results. Due to market volatility, current performance may be lower or higher than the figures shown. The investment return and the accumulation value of your policy will fluctuate so that a policy, when surrendered, may be worth more or less than the premium payments. For current to the most recent month-end performance information, please call 1-800-598-2019 or visit www.newyorklife.com. All performance reflects the percentage change for the period shown, with capital gains and dividends reinvested and includes an annualized Mortality and Expense Risk and Administrative Costs Charge of 1.60% and Fund Company Expenses. An Annual Policy Service Charge of $30 is not included, but will be deducted each year from the policy's Accumulation Value on the policy anniversary and upon surrender if on that date the Accumulation Value Is less than $100,000. The performance shown, therefore, would be slightly lowe r if your policy's Accumulation Value is less than $100,000. Charges for any optional riders, if reflected, would reduce the performance shown. Non-Standardized Performance ("Assuming No Surrender") does not reflect the deduction of Surrender Charges. Standardized Performance ("Assuming Surrender") reflects the maximum Surrender Charge under the policy. The maximum Surrender Charge for each premium payment is 8%, declining to 3% (or 2% for single premium policies) by the 8th year after that premium payment has been in the policy, with no surrender charge thereafter. Withdrawals and surrenders may be taxable transactions, and prior to 59½, may be subject to a 10% IRS penalty (the penalty tax is increased to 25% in the case of a distribution from a SIMPLE IRA within the first two years of your participation in a SIMPLE IRA plan). The Investment Divisions offered through the New York Life Premium Plus Variable Annuity and described herein are different from mutual funds that may have similar names but are available directly to the public. Investment results may differ. Page 3 of 5
Average Annual Total Return as of June 30, 2018 (Updated Quarterly) Non-Standardized (Assuming No Surrender) 2 Standardized (Assuming Surrender) Investment Since Since Portfolio Division Investment Investment Volatility/ Inception Inception 1 3 5 10 Division 1 3 5 10 Division Investment Divisions 1 Risk Level 3 Date Date 1 Year 4 Year 4 Year 4 Year 4 Inception Year 4 Year 4 Year 4 Year 4 Inception Equity MainStay VP MacKay Common Stock - Initial Class High 1/23/1984 12/15/1993 14.17% 9.34% 11.50% 7.88% 3.51% 6.17% 7.06% 10.71% 7.88% 3.51% MainStay VP MacKay Growth - Initial Class 9 High 1/29/1993 1/29/1993 22.62% 9.72% 11.41% 6.75% 1.01% 14.62% 7.46% 10.62% 6.75% 1.01% MainStay VP Cushing Renaissance Advantage Service Class Highest 5/1/2015 5/1/2015 11.12% -0.27% N/A N/A -2.11% 3.12% -3.01% N/A N/A -4.33% MainStay VP Emerging Markets Equity - Initial Class 9 Highest 2/17/2012 2/17/2012 5.30% 2.95% 0.69% N/A -1.87% -2.70% 0.37% -0.51% N/A -2.49% MainStay VP Eagle Small Cap Growth - Initial Class 6 High 2/17/2012 2/17/2012 17.51% 8.65% 9.60% N/A 9.20% 9.51% 6.35% 8.75% N/A 8.81% MainStay VP Eagle Small Cap Growth Service Class High 2/17/2012 2/17/2012 17.22% 8.38% 9.32% N/A 8.93% 9.22% 6.06% 8.47% N/A 8.53% MainStay VP Growth Allocation - Service Class High 2/13/2006 2/13/2006 9.22% 5.40% 7.36% 5.25% 4.62% 1.22% 2.94% 6.44% 5.25% 4.62% MainStay VP MacKay International Equity - Initial Class High 5/1/1995 5/1/1995 12.64% 7.30% 6.77% 3.11% 3.65% 4.64% 4.93% 5.83% 3.11% 3.65% MainStay VP Large Cap Growth - Initial Class High 5/1/1998 6/1/1998 25.38% 12.72% 14.47% 9.15% 2.87% 17.38% 10.58% 13.76% 9.15% 2.87% MainStay VP MacKay Mid Cap Core - Initial Class High 7/2/2001 7/6/2001 12.18% 6.68% 10.51% 7.88% 7.84% 4.18% 4.28% 9.69% 7.88% 7.84% MainStay VP MacKay S&P 500 Index - Initial Class 5 High 1/29/1993 1/29/1993 12.34% 9.86% 11.31% 8.15% 3.74% 4.34% 7.60% 10.52% 8.15% 3.74% MainStay VP MacKay Small Cap Core - Service Class High 5/2/2016 5/2/2016 17.44% N/A N/A N/A 17.35% 9.44% N/A N/A N/A 14.23% MainStay VP Epoch U.S. Small Cap - Initial Class High 5/1/1998 6/1/1998 7.27% 5.91% 8.33% 7.09% 4.59% -0.73% 3.47% 7.44% 7.09% 4.59% MainStay VP VanEck VIP Global Hard Assets - Initial Class Highest 2/17/2012 2/17/2012 15.60% -2.94% -3.75% -5.73% -5.47% 7.60% -5.60% -4.94% -5.73% -6.07% American Funds IS Global Small Cap Fund Class 4 High 12/14/2012 5/1/2015 14.59% 3.33% 8.10% 3.92% 5.33% 6.59% 0.77% 7.20% 3.92% 3.31% American Funds IS Growth Fund - Class 4 High 12/14/2012 11/13/2017 20.28% 13.80% 14.02% 8.20% 11.10% 12.28% 11.70% 13.30% 8.20% 3.10% American Funds IS New World Fund - Class 4 Highest 12/14/2012 5/1/2014 6.52% 4.82% 3.95% 2.02% 2.03% -1.48% 2.33% 3.95% 2.02% 2.03% ClearBridge Variable Appreciation Portfolio Class II High 2/27/2015 5/1/2017 9.51% 8.08% 9.42% 7.14% 9.03% 1.51% 5.74% 8.57% 7.14% 2.22% Columbia Variable Portfolio Commodity Strategy Fund Class 2 High 4/30/2013 5/1/2015 4.59% -6.08% -8.71% N/A -6.17% -3.41% -8.65% -9.84% N/A -8.29% Columbia Variable Portfolio - Small Cap Value Fund Class 2 High 6/1/2000 11/15/2004 13.15% 10.87% 10.33% 8.43% 6.99% 5.15% 8.66% 9.51% 8.43% 6.99% Delaware VIP Small Cap Value - Service Class High 5/1/2000 11/13/2017 8.63% 9.17% 9.79% 8.89% 4.66% 0.63% 6.88% 8.95% 8.89% -3.34% Dreyfus IP Technology Growth - Initial Shares High 8/31/1999 7/6/2001 31.20% 18.12% 17.62% 12.30% 6.46% 23.20% 16.17% 16.98% 12.30% 6.46% Fidelity VIP Contrafund - Initial Class High 1/3/1995 10/1/1996 11.01% 8.07% 10.74% 7.31% 5.77% 3.01% 5.74% 9.93% 7.31% 5.77% Fidelity VIP Emerging Markets Service Class 2 Highest 01/23/2008 05/01/2018 8.49% 6.22% 5.11% -0.04% -5.39% 0.49% 3.80% 4.11% -0.04% -12.96% Fidelity VIP Growth Opportunities Service Class 2 High 1/12/2000 5/1/2014 28.52% 14.57% 15.46% 8.78% 14.46% 20.52% 12.50% 14.78% 8.78% 13.51% Fidelity VIP Mid Cap - Service Class 2 High 1/12/2000 9/8/2003 12.09% 7.37% 10.16% 7.14% 9.25% 4.09% 5.00% 9.33% 7.14% 9.25% Invesco V.I. American Value Fund - Series II High 5/5/2003 5/1/2013 11.48% 2.97% 7.07% 7.46% 7.37% 3.48% 0.39% 6.14% 7.46% 6.64% Invesco V.I. International Growth Fund - Series II High 9/19/2001 5/1/2014-0.32% 1.05% 3.85% 2.24% 0.50% -8.30% -1.63% 2.80% 2.24% -0.95% Janus Henderson VIT Enterprise Portfolio Service Shares High 12/31/1999 11/13/2017 17.58% 12.59% 14.07% 9.56% 8.53% 9.58% 10.45% 13.36% 9.56% 0.53% Janus Henderson VIT Global Research Portfolio - Institutional Shares High 9/13/1993 10/1/1996 11.13% 5.75% 8.76% 5.45% 0.40% 3.13% 3.31% 7.89% 5.45% 0.40% MFS International Value Portfolio Service Class High 8/24/2001 5/1/2017 6.85% 7.77% 8.06% 5.67% 9.88% -1.15% 5.42% 7.16% 5.67% 3.08% MFS Research Series - Initial Class High 7/26/1995 5/1/1998 12.64% 9.28% 10.63% 8.06% 3.06% 4.64% 7.00% 9.82% 8.06% 3.06% Neuberger Berman AMT Mid-Cap Growth - Class S High 2/18/2003 6/2/2003 17.06% 6.56% 10.41% 7.47% 8.52% 9.06% 4.16% 9.59% 7.47% 8.52% Morgan Stanley VIF U.S. Real Estate - Class II Highest 11/5/2002 5/1/2013 2.54% 4.21% 5.39% 5.15% 3.73% -5.46% 1.70% 4.40% 5.15% 2.88% Victory VIF Diversified Stock - Class A Shares 9 High 7/1/1999 5/1/2004 12.13% 6.06% 8.03% 4.78% 5.46% 4.13% 3.63% 7.13% 4.78% 5.46% Equity and Income MainStay VP Balanced - Service Class Moderate 5/1/2005 5/1/2005 3.61% 3.57% 5.66% 5.49% 4.65% -4.39% 1.02% 4.68% 5.49% 4.65% MainStay VP MacKay Convertible - Initial Class Moderate 10/1/1996 10/1/1996 8.73% 6.23% 8.18% 6.32% 4.36% 0.73% 3.81% 7.29% 6.32% 4.36% MainStay VP Epoch U.S. Equity Yield Service Class High 5/1/1998 6/1/1998 4.96% 3.04% 6.27% 5.86% 3.94% -3.04% 0.47% 5.31% 5.86% 3.94% MainStay VP Income Builder - Initial Class Moderate 1/29/1993 1/29/1993 0.74% 3.33% 4.99% 5.40% 2.11% -7.26% 0.77% 3.98% 5.40% 2.11% MainStay VP Janus Henderson Balanced - Initial Class 7 Moderate 2/17/2012 2/17/2012 10.88% 6.77% 7.51% N/A 7.67% 2.88% 4.38% 6.59% N/A 7.24% MainStay VP Absolute Return Multi-Strategy - Service Class 10 Moderate 5/1/2013 5/1/2013-4.55% -5.37% -5.14% N/A -4.55% -12.19% -7.96% -6.31% N/A -5.49% MainStay VP MFS Utilities - Service Class High 2/17/2012 2/17/2012 4.97% 2.40% 4.80% 3.96% 6.27% -3.03% -0.21% 3.78% 3.96% 5.81% MainStay VP Moderate Allocation - Service Class Moderate 2/13/2006 2/13/2006 4.73% 3.47% 4.88% 4.63% 4.24% -3.27% 0.92% 3.87% 4.63% 4.24% MainStay VP Moderate Growth Allocation - Service Class High 2/13/2006 2/13/2006 7.20% 4.58% 6.30% 5.19% 4.68% -0.80% 2.08% 5.34% 5.19% 4.68% MainStay VP T. Rowe Price Equity Income - Initial Class 9 High 3/31/1994 5/1/1998 7.86% 7.50% 7.77% 6.65% 9.21% -0.14% 5.14% 6.87% 6.65% 8.82% American Funds IS Asset Allocation Fund - Class 4 Moderate 12/14/2012 05/01/2018 6.53% 6.88% 7.08% 5.78% 1.30% -1.47% 4.49% 6.15% 5.78% -6.70% American Funds IS Blue Chip Income and Growth Fund - Class 4 High 12/14/2012 11/13/2017 9.01% 8.66% 10.64% 7.74% 5.22% 1.01% 6.35% 9.82% 7.74% -2.78% BlackRock Global Allocation V.I. Fund - Class III Shares Moderate 11/18/2003 5/1/2011 2.29% 2.12% 3.48% 2.80% 2.40% -5.71% -0.50% 2.41% 2.80% 2.04% DWS Alternative Asset Allocation VIP - Class B Moderate 5/18/2009 5/2/2016-1.78% -0.78% -0.22% N/A 0.28% -9.64% -3.50% -1.45% N/A -3.49% Fidelity VIP Equity-Income - Initial Class High 10/9/1986 10/1/1996 4.22% 5.63% 6.99% 5.87% 4.20% -3.78% 3.19% 6.06% 5.87% 4.20% MFS Investors Trust Series - Initial Class High 10/9/1995 5/1/1998 9.79% 8.41% 10.34% 7.39% 3.72% 1.79% 6.10% 9.52% 7.39% 3.72% Income MainStay VP Bond-Initial Class Moderate 1/23/1984 12/15/1993-2.30% 0.24% 0.83% 2.33% 3.12% -10.12% -2.48% -0.36% 2.33% 3.12% MainStay VP U.S. Government Money Market - Current yield is -1.58% 8 Low 1/29/1993 5/1/1995-0.71% -1.25% -1.38% -1.41% -0.23% -8.66% -3.96% -2.60% -1.41% -0.23% MainStay VP Conservative Allocation - Service Class Moderate 2/13/2006 2/13/2006 2.45% 2.33% 3.43% 4.09% 3.84% -5.55% -0.28% 2.36% 4.09% 3.84% MainStay VP Floating Rate-Service Class Moderate 5/1/2005 5/1/2005 2.16% 1.99% 1.73% 2.08% 1.95% -5.84% -0.64% 0.59% 2.08% 1.95% MainStay VP MacKay Government - Initial Class Moderate 1/29/1993 1/29/1993-2.31% -0.85% -0.19% 1.29% 2.32% -10.12% -3.57% -1.42% 1.29% 2.32% MainStay VP MacKay High Yield Corporate Bond - Initial Class Moderate 5/1/1995 5/1/1995 1.40% 3.98% 3.79% 5.39% 5.54% -6.60% 1.45% 2.73% 5.39% 5.54% MainStay VP Indexed Bond Service Class Moderate 5/1/2017 5/1/2017-2.79% N/A N/A N/A -2.24% -10.57% N/A N/A N/A -8.99% MainStay VP PIMCO Real Return - Service Class Moderate 2/17/2012 2/17/2012-0.13% -0.10% -0.47% 1.25% -1.15% -8.12% -2.84% -1.69% 1.25% -1.78% MainStay VP MacKay Unconstrained Bond - Service Class Moderate 5/1/2011 5/1/2011-0.66% 0.78% 1.19% N/A 1.86% -8.61% -1.92% 0.02% N/A 1.48% BlackRock High Yield V.I. Fund Class III Shares Moderate 2/15/2012 5/1/2014 0.98% 2.73% 3.36% 5.31% 1.86% -7.02% 0.14% 2.29% 5.31% 0.47% Columbia Variable Portfolio Emerging Markets Bond Fund Class 2 Moderate 4/30/2012 5/1/2015-3.73% 2.51% 1.50% N/A 1.66% -11.43% -0.09% 0.35% N/A -0.52% PIMCO VIT International Bond Portfolio (U.S. Dollar-Hedged) - Advisor Class Moderate 5/1/2014 5/1/2014 1.85% 2.52% 3.02% 4.36% 2.68% -6.15% -0.08% 1.93% 4.36% 1.33% PIMCO VIT Low Duration Portfolio - Advisor Class Low 3/31/2006 5/2/2016-1.39% -1.04% -0.70% 0.94% -0.95% -9.28% -3.76% -1.92% 0.94% -4.70% PIMCO VIT Total Return Portfolio - Advisor Class Moderate 2/28/2006 5/1/2014-1.85% 0.28% 0.57% 2.80% 0.34% -9.71% -2.45% -0.63% 2.80% -1.12% Please read the important disclosures regarding the product performance on the following page. Page 4 of 5
Performance data quoted is past performance. Past performance is no guarantee of future results. Due to market volatility, current performance may be lower or higher than the figures shown. The investment return and the accumulation value of your policy will fluctuate so that a policy, when surrendered, may be worth more or less than the premium payments. For current to the most recent month-end performance information, please call 1-800-598-2019 or visit www.newyorklife.com. All performance reflects the percentage change for the period shown, with capital gains and dividends reinvested and includes an annualized Mortality and Expense Risk and Administrative Costs Charge of 1.60% and Fund Company Expenses. An Annual Policy Service Charge of $30 is not included, but will be deducted each year from the policy's Accumulation Value on the policy anniversary and upon surrender if on that date the Accumulation Value Is less than $100,000. The performance shown, therefore, would be slightly lowe r if your policy's Accumulation Value is less than $100,000. Charges for any optional riders, if reflected, would reduce the performance shown. Non-Standardized Performance ("Assuming No Surrender") does not reflect the deduction of Surrender Charges. Standardized Performance ("Assuming Surrender") reflects the maximum Surrender Charge under the policy. The maximum Surrender Charge for each premium payment is 8%, declining to 3% (or 2% for single premium policies) by the 8th year after that premium payment has been in the policy, with no surrender charge thereafter. Withdrawals and surrenders may be taxable transactions, and prior to 59½, may be subject to a 10% IRS penalty (the penalty tax is increased to 25% in the case of a distribution from a SIMPLE IRA within the first two years of your participation in a SIMPLE IRA plan). The Investment Divisions offered through the New York Life Premium Plus Variable Annuity and described herein are different from mutual funds that may have similar names but are available directly to the public. Investment results may differ. Page 5 of 5