1. Annuities issued by Metropolitan Tower Life Insurance Company, 5601 South 59th Street, Lincoln, NE 68516. All guarantees are subject to the financial strength and claims paying ability of the issuing company.
2. Payout restrictions vary across product line; dependent on the nature of the plaintiff’s claim.
3. Attorneys will generally need to have a fee arrangement in place at the time of settlement which provides for the structuring of payments solely from the claimant’s settlement proceeds. Structuring of attorney fees could have important legal and tax consequences. Attorneys should consult with their own tax and legal advisors prior to agreeing to structure legal fees to determine the tax and other legal consequences. The method of tax reporting with respect to such fees is subject to change, where we deem such change to be required under the Federal tax law or IRS guidance. Any discussion of taxes is intended to be general in nature. The tax law is subject to change and to different interpretations. Met Tower Life does not provide tax or legal advice and is not responsible for the tax consequences of such arrangements; nor does Met Tower Life represent or guarantee that tax deferral of fee payments until received can be achieved. Interested parties should consult with their own tax advisors to determine whether the desired tax treatment can be achieved and whether the taxation of such arrangements could be adversely impacted under Section 409A of the Internal Revenue Code of 1986, as amended.
4. For current ratings information and a more complete analysis of the financial strength of Metropolitan Tower Life Insurance Company, please go to www.metlife.com and click About Us, Company Ratings
Any discussion of taxes is for general informational purposes only and does not purport to be complete or cover every situation. Met Tower Life, 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.
Group annuity contracts are issued by Metropolitan Tower Life Insurance Company, Lincoln, NE 68516. 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.