Annuities: Answering your questions about annuities
This Life Advice® article aboutAnnuitieswas reviewed by LOMA (Life Office Management Association), Insured Retirement Institute and by selected educators of the USDA Cooperative Extension System. It is intended as general information only and does not describe and is not an offer to sell any MetLife products.
Variable annuity products are offered by prospectus only, which is available from your registered representative. You should carefully read the product prospectus and consider the product's features, risks, charges and expenses, and the investment objectives, risks and policies of the underlying portfolios, as well as other information about the underlying funding options. This and other information is available in the prospectus, which you should read carefully before investing. All product guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company.
The amounts allocated to the variable investment options are subject to market fluctuations so that, when withdrawn, they may be worth more or less than their original value. There is no guarantee that any of the variable investment options will meet their stated goals or objectives.
Annuity products are long-term investments designed for retirement purposes. Product availability and features may vary by state.
Withdrawals may be subject to withdrawal charges and interest adjustment. 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.
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.
MetLife annuities, like all annuities, are insurance products and 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, including optional benefits, are subject to the financial strength and claims-paying ability of the issuing insurance.
Like most annuity contracts, MetLife’s contracts contain charges, limitations, exclusions, holding periods, termination provisions and terms for keeping them in force. Contact your financial representative for costs and complete details.
Annuities are issued by MetLife Insurance Company USA; 11225 North Community House Road, Charlotte, NC 28277, Metropolitan Life Insurance Company; 200 Park Avenue, New York, NY 10166, and First MetLife Investors Insurance Company (in NY Only); 200 Park Avenue, New York, NY 10166. Variable products and MetLife Shield Level Selector are distributed by MetLife Investors Distribution Company (member FINRA); All are MetLife companies.