MetLife Financial Freedom Select Annuities Variable .
MetLife Financial Freedom Select Preparing to reachretirement goalsB and L ClassAnnuities Variable
Table of contentsWhy choose the MetLife Financial FreedomSelect (MFFS) variable annuity? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1What is a variable annuity? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2Funding options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Footnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5Automated investment strategies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6Facts at a glance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Variable Annuities Why choose the MFFS variable annuity? 1MetLife Financial Freedom SelectAs individuals look to the future, they may aspire to live a certain lifestyle in retirement. Whether theychoose a lifestyle that is challenging and invigorating or carefree and relaxed, they’ll want one that isat least comparable to the one they live today — and one that is free of financial worries.But security in retirement doesn’t happen automatically. It takes planning and the foresight to helpprotect one’s retirement income.With planning, individuals can take control of their future, help prepare for the uncertainties as well asthe possibilities — and retire the way they want.A MetLife1 Financial Freedom Select (MFFS ) variable annuity can help.Individuals can create an investment strategy to fit their retirement goalsand objectives.1. MetLife refers to Metropolitan Life Insurance Company.
2Variable Annuities What is a variable annuity?What is a variable annuity?A variable annuity is a long-term retirement savings vehicle specifically designed to help individuals savefor retirement, providing them with a stream of retirement income that they cannot outlive. A variableannuity contains funding options that have the potential to grow and other features, such as a deathbenefit and the ability to make payments to an individual for the individual's lifetime.Variable annuities:Are one of the only investments individualscan buy that offer income for life, nomatter how long they live.Offer a choice of two death benefitoptions that can help provide forindividuals' loved ones, regardless ofmarket conditions.Offer funding options to help diversify andgrow purchase payments on a tax-deferredbasis (unlike Roth contributions, which arededucted after tax withholdings).1 This mayhelp individuals keep pace with inflation.Give individuals the flexibility to withdrawportions or all of the account value ifindividuals choose. Individuals can use themoney as an ongoing source of incomeor withdraw it periodically, as unexpectedfinancial needs arise.Guarantees apply to certain insurance and annuity products (not securities, variable or investment advisory products) including optional benefits, and are subject to productterms, exclusions and limitations and the claims-paying ability and financial strength of Metropolitan Life Insurance Company.1. If individuals are buying a variable annuity to fund a qualified retirement plan or IRA, they should do so for the variable annuity’s features and benefits other than taxdeferral. In such cases, tax deferral is not an additional benefit of the variable annuity. References throughout this material to tax advantages, such as tax deferral andtax-free transfers, are subject to this consideration.Although a variable annuity may be an appropriate choice for some people as part of an overall retirement portfolio, it is not suitable foreveryone. Please read the prospectus for complete details before investing.To provide the investment and other benefits, variable annuities contain certain fees, including contract/certificate fees, a Separate Accountcharge, and variable funding option charges and expenses. The optional death benefit rider carries an additional charge and must be electedwhen the contract/certificate is issued.Like most investments, variable annuity contracts/certificates will fluctuate in value and may be impacted by market declines, even when anoptional protection benefit rider is elected.Variable annuities are long-term investments. As a result, if individuals take distributions too soon, a withdrawal charge may apply. Retirementplan distributions before age 59½ or severance are generally prohibited. Distributions may also be restricted as defined in the plan documents.Where permitted, distributions of taxable amounts are generally subject to ordinary income taxes and, if made before age 59½, may be subjectto a 10% federal income tax penalty. In the case of 457(b) governmental plans, the 10% federal income tax penalty may apply to distributionsof amounts rolled over from another type of qualified retirement plan or IRA. Withdrawals will also reduce the living and death benefits andaccount value. Withdrawal charges may also apply. Please see the prospectus for complete details.
Variable Annuities Funding options 3Funding options that offerchoice and flexibilityWith the MFFS variable annuity, individuals have the flexibility to: invest in professionally managed asset allocation portfolios, or design an individual’s own asset allocation strategyAnd individuals may choose from: multi- and single-manager asset allocation portfolios actively managed portfolios or passively managed index portfolios a diverse lineup of equity and fixed income funding optionsAsset allocation portfoliosIndividuals may choose from a broad selection of multi- and singlemanager asset allocation portfolios, designed for different typesof investors: American Funds — Moderate, Balanced and Growth Allocation Portfolios Brighthouse Asset Allocation Portfolios1 — Brighthouse Asset Allocation 20 Portfolio,Brighthouse Asset Allocation 40 Portfolio, Brighthouse Asset Allocation 60 Portfolio,Brighthouse Asset Allocation 80 Portfolio and Brighthouse Asset Allocation 100 Portfolio Fidelity VIP Freedom — Fidelity VIP Freedom 2025 Portfolio,Fidelity VIP Freedom 2030 Portfolio, Fidelity VIP Freedom 2035 Portfolio,Fidelity VIP Freedom 2040 Portfolio, Fidelity VIP Freedom 2045 Portfolioand Fidelity VIP Freedom 2050 Portfolio State Street Global Advisors (SSGA) — Growth and Income ETF and GrowthETF PortfoliosAsset allocation portfolios are “fund-of-funds” portfolios. Because of this two-tier structure, each asset allocation portfolio bears its own investment management fee andexpenses, which include the cost of the asset allocation services it provides, as well as its pro rata share of the management fee and expenses of each underlying portfolio.Without these asset allocation services, the contract/certificate owner’s expenses would be lower. Diversification does not ensure a profit or protect against loss.1. Wilshire Funds Management (“Wilshire ”) serves as a consultant to Brighthouse Investment Advisers, LLC for these asset allocation strategies.Brighthouse Investment Advisers, LLC is the investment adviser to the asset allocation portfolios. Brighthouse Investment Advisers, LLC(for the American Funds Asset Allocation Portfolios and Brighthouse Asset Allocation Portfolios) and SSGA Funds Management, Inc. (forthe SSGA ETF Portfolios) choose the underlying funding options for each portfolio and the proportions of each underlying funding optionallocated to each portfolio. To ensure optimal diversification and an appropriate balance of risk and reward, Brighthouse Investment Advisers,LLC (for the American Funds and Brighthouse Asset Allocation Portfolios) and SSGA Funds Management, Inc. (for the SSGA ETF Portfolios)review the portfolios on a consistent basis and may make adjustments to the fund holdings or allocations.
4Variable Annuities Funding optionsIndividual funding optionsWithin each asset class, funding options are listed in alphabetical order.Fixed Interest AccountFixed Interest Account guarantees are subject to the claims-paying ability and financial strength of Metropolitan Life Insurance Company.Government BondBHFTII Western Asset ManagementU.S. Government PortfolioAggregate BondAmerican Funds Bond FundC, CV, D, DI, F, FD, H, IF, IR, LR, M, MC, R, S, ZBHFTII BlackRock Bond Income PortfolioHBHFTI Brighthouse/Franklin Low DurationTotal Return PortfolioH, ZBHFTII MetLife Aggregate Bond Index PortfolioBHFTI PIMCO Total Return PortfolioF, H, ZMulti-Sector BondBHFTII Western Asset Management StrategicBond Opportunities PortfolioF, HInflation-Protected BondBHFTI PIMCO Inflation ProtectedBond PortfolioF, H, ZModerate AllocationCalvert VP SRI Balanced PortfolioBHFTII MFS Total Return PortfolioGlobal AllocationBHFTI Loomis Sayles Global Allocation PortfolioFLarge Cap ValueBHFTII Brighthouse/Wellington Core EquityOpportunities PortfolioBHFTII MFS Value PortfolioLarge Cap BlendAmerican Funds Growth-IncomeFundC, F, G, IO, IR, M ,MCBHFTI Brighthouse/Wellington Large CapResearch PortfolioBHFTII MetLife Stock Index PortfolioMid Cap ValueBHFTII Brighthouse/Artisan Mid CapValue PortfolioCBHFTI Victory Sycamore Mid CapValue PortfolioCGlobal EquityBHFTI Invesco Global Equity PortfolioFLarge Cap GrowthAmerican Funds Growth FundC, F, G, IR, M, MCBHFTII BlackRock CapitalAppreciation PortfolioBHFTII Jennison Growth PortfolioCBHFTI Loomis Sayles Growth PortfolioC, DBHFTII T. Rowe Price Large CapGrowth PortfolioInternational DevelopedBHFTI Harris Oakmark International PortfolioFBHFTII MetLife MSCI EAFE Index PortfolioFBHFTI MFS Research International PortfolioFMid Cap BlendBHFTII MetLife Mid Cap Stock Index PortfolioCSmall Cap ValueBHFTI Brighthouse Small Cap Value PortfolioCBHFTII Neuberger Berman Genesis PortfolioCReal EstateBHFTI Clarion Global Real Estate PortfolioF, RSmall Cap BlendBHFTII Loomis Sayles Small CapCore PortfolioCBHFTII MetLife Russell 2000 Index PortfolioCGlobal Small CapAmerican Funds Global SmallCapitalization FundC, E, F, G, IR, LR, M, MC, SCMid Cap GrowthBHFTI Morgan Stanley Discovery PortfolioCBHFTI T. Rowe Price Mid CapGrowth PortfolioCSmall Cap GrowthBHFTI Invesco Small Cap Growth PortfolioCBHFTII Loomis Sayles Small CapGrowth PortfolioCBHFTII T. Rowe Price Small CapGrowth PortfolioCAsset AllocationBHFTI American Funds BalancedAllocation PortfolioAABHFTI American Funds GrowthAllocation PortfolioAABHFTI American Funds ModerateAllocation PortfolioAABHFTII Brighthouse Asset Allocation20 PortfolioAABHFTII Brighthouse Asset Allocation40 PortfolioAABHFTII Brighthouse Asset Allocation60 PortfolioAABHFTII Brighthouse Asset Allocation80 PortfolioAABHFTI Brighthouse Asset Allocation100 PortfolioAAFidelity VIP Freedom 2025 PortfolioC,F,H,R,X,YFidelity VIP Freedom 2030 PortfolioC,F,H,R,X,YFidelity VIP Freedom 2035 PortfolioC,F,H,R,X,YFidelity VIP Freedom 2040 PortfolioC,F,H,R,X,YFidelity VIP Freedom 2045 PortfolioC,F,H,R,X,YFidelity VIP Freedom 2050 PortfolioC,F,H,R,X,YBHFTI SSGA Growth and IncomeETF PortfolioAABHFTI SSGA Growth ETF PortfolioAANote: BHFTI and BHFTII refer to a series ofportfolios that are under Brighthouse FundTrust I and Brighthouse Fund Trust II.
Variable Annuities Footnotes 5FootnotesAAAsset allocation portfolios are “fund-of-funds” portfolios. Because of this two-tier structure, each asset allocation portfolio bears its own investment management fee and expenses, whichinclude the cost of the asset allocation services it provides, as well as its pro rata share of the management fee and expenses of each underlying portfolio. Without these asset allocationservices, the contract/certificate owner’s expenses would be lower. Diversification does not ensure a profit or protect against loss.While diversification through an asset allocation strategy is a useful technique that can help to manage overall portfolio risk and volatility, there is no certainty or assurance that a diversifiedportfolio will enhance overall return or outperform one that is not diversified.CInvests in stocks of small capitalization or mid capitalization companies. Such stocks may fluctuate in value more than stocks of large capitalization companies, and may perform poorly due tothe issuers’ limited product lines, markets, financial resources or management experience.CVThe prices of, and the income generated by, many debt securities held by the fund may also be affected by changes in relative currency values. If the U.S. dollar appreciates against foreigncurrencies, the value in U.S. dollars of the fund’s securities denominated in such currencies would generally fall and vice versa. U.S. dollar-denominated securities of foreign issuers may alsobe affected by changes in relative currency values.DThis portfolio invests in a limited number of issuers. Poor performance of a single issuer will generally have a more adverse impact on the return of the portfolio than on a portfolio that investsacross a greater number of issuers.DIThe prices of, and the income generated by, bonds and other debt securities held by the fund may be affected by changing interest rates and by changes in the effective maturities and creditratings of these securities. Rising interest rates will generally cause the prices of bonds and other debt securities to fall. Falling interest rates may cause an issuer to redeem, call or refinancea debt security before its stated maturity, which may result in the fund having to reinvest the proceeds in lower yielding securities. Longer maturity debt securities generally have greatersensitivity to changes in intere
MetLife Financial Freedom Select 1. MetLife refers to Metropolitan Life Insurance Company. As individuals look to the future, they may aspire to live a certain lifestyle in retirement. Whether they choose a lifestyle that is challenging and invigorating or carefree and relaxed, they’ll want one that is
and cash flow testing for equity-indexed annuities are discussed. Chapter nine talks about the investment policy of equity-indexed annuities since some special problems related to equity-indexed annuities have to be considered. In chapter ten disintermediation risk is discussed since this is a special problem for equity-indexed annuities. APPROVED:
Future value of an ordinary annuity Present value of an ordinary annuity Annuities due Perpetuities Deferred annuities Summary of annuities. . rate was (a) 9% convertible monthly (b) 12% convertible monthly R 150; t 3;m 12è n 36; j 12 0.09; è i 0.075 500 1 1 0.075 36 36 0.075 150 H 0.075 014717.02 .
Financial Mathematics for Actuaries Chapter 2 Annuities. Learning Objectives 1. Annuity-immediate and annuity-due 2. Present and future values of annuities 3. Perpetuities and deferred annuities 4. Other accumulation methods 5. Payment periods and compounding periods 6. Varying annuities 2.
corporate combinations involving MetLife; and (36) other risks and uncertainties described from time to time in MetLife, Inc.’s filings with the U.S. Securities and Exchange Commission. MetLife, Inc. does not undertake any obligation to publicly correct or update any forward-looking statement if MetLife, Inc. later becomes aware that such
more than one dental benefits plan. These rules determine the order in which the plans will pay benefits. If the MetLife dental benefit plan is primary, MetLife will pay the full amount of benefits that would normally be available under the plan, subject to applicable law. If the MetLife dental benefit plan is secondary, most coordination of .
more than one dental benefits plan. These rules determine the order in which the plans will pay benefits. If the MetLife dental benefit plan is primary, MetLife will pay the full amount of benefits that would normally be available under the plan, subject to applicable law. If the MetLife dental benefit plan is secondary, most coordination of .
Dental Plan Benefits Centura Health 3 Preventive Dental Plan Preferred Dental Program (PDP) Accessing your benefits Find a MetLife dentist Call MetLife at 1-800-942-0854 for the Preventive or Preferred Plan. Go online with MetLife Accessing information about your dental plan through MetLife’s website is easy. Simply go to www .
There are three levels of classification: "TOP SECRET", "SECRET", and "CONFIDENTIAL." Information is classified only to protect the national security. To have access to classified information, a person must have a security clearance at an appropriate level and a need-to-know. 2 National Security Information National security information is marked to alert recipients about its .
