* Early withdrawal charges may apply. Ordinary income taxes generally apply to withdrawals and income payments. A 10% tax penalty generally applies to withdrawals prior to age 59½. For Deferred Income Annuities, MetLife’s Longevity Income Guarantee (Personal Income Builder in some states) Standard Version offers a one-time opportunity to withdraw a partial or full commuted value, however the Maximum Income Version does not allow for any withdrawals and income payments cannot start earlier than age 85.
Variable annuity and variable life products are offered by prospectus only, which is available from your registered representative. You should carefully 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. Product availability and features may vary by state. All product guarantees are based on the financial strength and claims-paying ability of Metropolitan Life Insurance Company, New York, NY 10166.
Pursuant to IRS Circular 230, MetLife is providing you with the following notification: The information contained in this document is not intended to (and cannot) be used by anyone to avoid IRS penalties. This document supports the promotion and marketing of insurance products. You should seek advice based on your particular circumstances from an independent tax advisor.
MetLife, its agents, and representatives may not give legal or tax advice. Any discussion of taxes herein or related to this document is for general information purposes only and does not purport to be complete or cover every situation. Tax law is subject to interpretation and legislative change. Tax results and the appropriateness of any product for any specific taxpayer may vary depending on the facts and circumstances. You should consult with and rely on your own independent legal and tax advisers regarding your particular set of facts and circumstances.
Annuities issued by Metropolitan Life Insurance Company, New York, NY 10166. Securities, including variable products, are offered through MetLife Securities, (FINRA/SIPC). 200 Park avenue, New York, NY 10166. A MetLife affiliate.
Like most annuity contracts, MetLife’s contracts contain surrender charges, exclusions, limitations and terms for keeping them in force. See your MetLife Representative for complete details.
