MetLife Guaranteed Income Program (MGIP)
MetLife Retirement Income Insurance® QLAC (Qualifying Longevity Annuity Contract)
A fixed immediate income annuity for employees who are planning to retire and would like benefit payments to begin within 12 months.
A fixed deferred income annuity for employees who are planning to retire and would like benefits payments to begin at a later age (typically 80-85).
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1 All guarantees are subject to the financial strength and claims-paying ability of Metropolitan Life Insurance Company or Metropolitan Tower Life Insurance Company.
2 Group annuity contracts can be issued by Metropolitan Life Insurance Company (MLIC), 200 Park Ave. NY, NY 10166 or Metropolitan Tower Life Insurance Company (MTL), 5601 South 59th St., Lincoln, NE 68516, two wholly owned subsidiaries of MetLife, Inc. (“MetLife”). Like most group annuity contracts, MetLife group annuities contain certain limitations, exclusions and terms for keeping them in force. Ask a MetLife representative for costs and complete details.
3 Fortune 100® is a registered trademark of Fortune® magazine, a division of Time Warner, Inc.
Any discussion of taxes is for general informational purposes only and does not purport to be complete or cover every situation. MetLife, its agents and representatives may not give legal, tax or accounting advice and this document should not be construed as such. You should confer with your qualified legal, tax and accounting advisors as appropriate. MetLife annuity products may not be available in all states. Contact your MetLife representative for more information.
Metropolitan Life Insurance Company (MLIC), 200 Park Ave. NY, NY 10166
Metropolitan Tower Life Insurance Company (MTL), 5601 South 59th St., Lincoln, NE 68516