NEW YORK--(BUSINESS WIRE)--New York Life has launched a new income annuity, Mutual Income, designed to offer clients the opportunity to directly participate in the company’s mutual structure. Separately, New York Life has expanded its income annuity options available on tax-qualified savings. Both innovations address the growing demands of retirees and pre-retirees. “New York Life’s agents represent the market leader in income annuities*, and they have worked with hundreds of thousands of Ameri