1 EnrollNow is an online enrollment site available only for MetLife serviced plans.
2 Your Plan may be subject to spousal consent requirements under ERISA and/or your Plan Document. If you designate beneficiary(ies) other than your spouse, such designation may not be effective unless your spouse indicates agreement with the designation by notarized signature. If you have any questions about electing your beneficiaries, please contact Client Services at
1-800-543-2520.
The Strategic Value Annuity (“SVA”) is a registered flexible premium group deferred annuity that provides an annual fixed interest rate declared by Brighthouse Life Insurance Company. SVA is issued on policy form number L-22419C by Brighthouse Life Insurance Company, 11225 North Community House Road, Charlotte, NC 28277. The Brighthouse Life Insurance Company Registered Fixed Account Option available with the Gold Track Select Variable Annuity (“Gold Track Select”) credits an annual interest rate declared by Brighthouse Life Insurance Company. The SVA and Gold Track Select are offered by prospectus only. To obtain a prospectus, please contact the service center number reflected on your enrollment materials. This material must be preceded or accompanied by a prospectus for the product. Withdrawals from the SVA or Gold Track Select may be subject to withdrawal charges and a market value adjustment. The market value adjustment may be higher or lower than your contract value. 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 choices. This and other information is available in the prospectus, which you should read carefully before investing. The account value is subject to market fluctuations so that, when annuitized or withdrawn, it may be worth more or less than its original value. Product availability and features may vary by state. All product guarantees are subject to the claims-paying ability and financial strength of Brighthouse Life Insurance Company.
Annuity contracts contain exclusions, holding periods, termination provisions, limitations, reduction of benefits, surrender charges and terms for keeping them in force.
For participant allocations in the SVA: If Douglas County School District determines the need for a partial or full surrender of the SVA, such as moving to another retirement service provider, a surrender charge of 5% of the cash value may apply and will be deducted as a percentage of the amount withdrawn. There are no surrender charges however for withdrawals on participant initiated transactions on account of your retirement, death, or separation from service.
Mutual funds are sold by prospectus, which is available from your registered representative. Please carefully consider investment objectives, risks, charges, and expenses before investing. For this and other information about any mutual fund investment please obtain a prospectus and read it carefully before you invest. The amounts allocated to the Mutual Funds Select Portfolios 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 Mutual Funds will meet their stated goals or objectives. Diversification cannot eliminate the risk of investment losses, and past mutual fund performance is not a guarantee of future results.
MetLife Investors Distribution Company (Member FINRA) makes available participation in mutual fund options through its Mutual Fund Select Portfolio, for certain retirement plans. You may participate in the Mutual Fund Select Portfolio though your retirement plan.
MetLife, its agents, and representatives if you have one, or by contacting MetLife’s service center at 1-800-543-2520 may not give legal advice. You should consult with and rely on your own independent legal advisors regarding your particular set of facts and circumstances. Withdrawals are subject to ordinary income taxes. Withdrawals before age 59½ where permitted are generally subject to a 10% tax penalty. "MetLife Investors Distribution Company (Member FINRA) makes available participation in mutual fund options through its Mutual Fund Select Portfolio, for certain retirement plans. You may participate in the Mutual Fund Select Portfolio though your retirement plan."
This material is provided for your convenience and informational purposes only and should not be construed as investment, legal, tax or accounting advice. It is not for distribution or use by Plan participants. Please consult with your financial adviser, attorney, accountant and/or tax adviser as needed. Metropolitan Life Insurance Company disclaims any responsibility to update the views provided herein, does not guarantee that the information supplied is accurate, complete or timely, and does not make any warranties with regard to the results obtained from its use.
Like most annuity contracts, MetLife contracts contain withdrawal charges, exclusions, holding periods, limitations, termination provisions and terms for keeping them in force
Guarantees apply to certain insurance and annuity products (not securities, variable or investment advisory products) including optional benefits, and are subject to product terms, exclusions and limitations and the claims-paying ability and financial strength of Metropolitan Life Insurance Company.
While the investment divisions and their comparably named portfolios may have names, investment objectives and management which are identical or similar to publicly available mutual funds, these portfolios are not those mutual funds. The portfolios most likely will not have the same performance experience as any publicly available mutual fund.
Money market funds are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although they seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.
The information in this website is for informational purposes only and shall not be construed as an offer, or solicitation of an offer, to purchase any securities or variable insurance products, or a recommendation to buy, sell or hold any securities or participate in any investment advisory program or service. Nothing in this website is intended to target any particular individual or analyze the financial condition of any particular individual for suitability to transact in any securities or participate in any investment advisory programs. This material should not be interpreted as a recommendation or as fiduciary investment advice by Metlife or Brighthouse Financial. Please consult with a financial professional and your independent tax advisor, review all applicable offering documents and disclosures for risks and applicable fees, charges and expenses, and consider your own financial conditions, risk tolerance, investment objectives and time horizon before investing.
Before individuals make any decision as to which type of employee contribution is best, individuals’ traditional deferrals or designated Roth contributions, review individuals' strategy with an independent tax advisor. The plan document governs the terms of the plan and is available from your employer. In general, if any conflicts occur between this material and the plan documents provided by your employer that define the plan, the plan documents will govern.
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 refers to Metropolitan Life Insurance Company (MLIC), New York, NY 10166. MetLife Investors Distribution Company (MLIDC) (member FINRA), 200 Park Avenue, New York, NY 10166, makes available participation in mutual fund options through its Mutual Fund Select Portfolios, for certain retirement plans. You may enroll and participate in the Mutual Fund Select Portfolios through your retirement plan. Both MLIC and MLIDC are MetLife companies.
