<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xsi:schemaLocation="http://www.sec.gov/edgar/thirteenffiler eis_13F_Filer.xsd" xmlns="http://www.sec.gov/edgar/thirteenffiler" xmlns:ns1="http://www.sec.gov/edgar/common" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <headerData>
    <submissionType>13F-NT/A</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <flags>
        <confirmingCopyFlag>false</confirmingCopyFlag>
        <returnCopyFlag>true</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
      </flags>
      <filer>
        <credentials>
          <cik>0001133639</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>06-30-2013</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <reportCalendarOrQuarter>06-30-2013</reportCalendarOrQuarter>
      <isAmendment>true</isAmendment>
      <amendmentNo>1</amendmentNo>
      <amendmentInfo>
        <amendmentType>RESTATEMENT</amendmentType>
      </amendmentInfo>
      <filingManager>
        <name>New York Life Investment Management LLC</name>
        <address>
          <ns1:street1>51 Madison Ave</ns1:street1>
          <ns1:city>New York</ns1:city>
          <ns1:stateOrCountry>NY</ns1:stateOrCountry>
          <ns1:zipCode>10010</ns1:zipCode>
        </address>
      </filingManager>
      <reportType>13F NOTICE</reportType>
      <form13FFileNumber>028-06325</form13FFileNumber>
      <otherManagersInfo>
        <otherManager>
          <form13FFileNumber>028-04968</form13FFileNumber>
          <name>Massachusetts Financial Services Company</name>
        </otherManager>
      </otherManagersInfo>
      <provideInfoForInstruction5>Y</provideInfoForInstruction5>
      <additionalInformation>Explanatory Note:  The purpose of this filing is to provide notification that on August 14, 2013, the original Form 13F-NT (Accession Number: 0000950123-13-006804) was  filed in error and should be disregarded. As Massachusetts Financial Services Company (MFS) does not report all of New York Life Investment Management LLC's 13(f) securities on MFS' Form 13F-HR, a Form 13F-NT is not required to be filed under New York Life Investment Management LLC's Form 13F file number.</additionalInformation>
    </coverPage>
    <signatureBlock>
      <name>Amanda Mooradian</name>
      <title>Authorized Person</title>
      <phone>617 954 4384</phone>
      <signature>/s/ Amanda Mooradian</signature>
      <city>Boston</city>
      <stateOrCountry>MA</stateOrCountry>
      <signatureDate>08-23-2013</signatureDate>
    </signatureBlock>
  </formData>
</edgarSubmission>
