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The Setting Every Community Up for Retirement Enhancement (SECURE) Act, which was signed into law in 2019, is designed to enhance workplace defined contribution (DC) retirement plans (e.g., 401(k) plans) by removing regulatory obstacles and expanding access to savings and lifetime income.
If you have any questions or would like more information on how this law may impact your organization please contact a Lifetime Income team member.
MetLife’s Retirement & Income Solutions division, the company’s institutional retirement business, issues products through Metropolitan Life Insurance Company (MLIC) and Metropolitan Tower Life Insurance Company (MTL), two wholly owned subsidiaries of MetLife, Inc. Retirement & Income Solutions issues products for transferred pension liabilities, stable value, institutional income annuities, benefits funding and structured settlements.
All guarantees are subject to the financial strength and claims-paying ability of the issuing MetLife company.
Metropolitan Life Insurance Company, 200 Park Ave., New York, NY 10166
Metropolitan Tower Life Insurance Company, 5601 South 59th St., Lincoln, NE 68516.