I’m retiring and need reliable income for the future. How can I spend safely but still live the lifestyle I want?
I want to be sure my future income needs are covered. How can I secure reliable, pension-like income when I need it?
These products are a long-term investment designed for retirement purposes. Product availability and features may vary by state or firm.
MetLife fixed annuities, like all annuities, are insurance products and are not insured by the FDIC, the NCUSIF or any other government agency, nor are they guaranteed by, or the obligation of, the financial institution that sells them. All product guarantees are based on the claims-paying ability and financial strength of the issuing insurance company. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability and financial strength of the issuing insurance company. Similarly, the issuing insurance company and the underwriter do not back the financial strength of the broker/dealer or its affiliates.
MetLife fixed annuities have limitations, exclusions, charges, termination provisions and terms for keeping them in force. Please contact your financial professional for complete details.
Withdrawals of taxable amounts are subject to ordinary income tax, and if made before age 59½, may be subject to a 10% federal income tax penalty. Some broker/dealers and financial professionals may refer to the 10% federal income tax penalty as an “additional tax” or “additional income tax,” or use the terms interchangeably when discussing withdrawals taken prior to age 59½. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3.8% Unearned Income Medicare Contribution tax that is generally imposed on interest, dividends, and annuity income if your modified adjusted gross income exceeds the applicable threshold amount.
Withdrawals will reduce the living and death benefits and account value. Withdrawals may be subject to withdrawal charges. The tax effects suggested reflect our current understanding of federal tax laws and relate to tax information of a generalized nature.
Any discussion of taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax or accounting advice. Clients should confer with their qualified legal, tax and accounting advisors as appropriate.
The MetLife Guaranteed Income Builder is issued by MetLife Insurance Company USA on Policy Form 6-1001-1 (05/14). The Single Premium Immediate Annuity is issued by MetLife Insurance Company USA on Policy Form Series MLIU-SPIA (07/06) and in New York, only by First MetLife Investors Insurance Company on Policy Form Series FMLI-SPIA (07/06). Fixed Annuity FA is issued by MetLife Insurance Company USA on Policy Form 8210 (01/02) and in New York, only by First MetLife Investors Insurance Company on Policy Form 6210 (01/02) (collectively and singly, “MetLife”). Both are MetLife companies.