Review your funding options and decide what is best for you
FFA ORP and SRA Funding Options
To learn more about the FFA ORP and SRA funding options, click on the portfolio name to view the portfolio fact sheet.
To view the FFA ORP and SRA monthly performance sheet, click here.
These figures represent past performance which does not guarantee future results. The investment return and contract value will fluctuate over time so that a contract would be worth more or less than the sum of your purchase payments. Current performance may be lower or higher than the performance figures quoted.
* Restrictions and/or withdrawal charges of up to 7% may apply to each contribution to the Fixed Interest Account. Withdrawals in excess of 20% of the Fixed Interest Account in any certificate year are generally subject to a withdrawal charge. The Fixed Interest Account is guaranteed by Metropolitan Life Insurance Company, New York, New York 10166.
Invests in stocks of small capitalization or mid capitalization companies. Such stocks may fluctuate in value more than stocks of large capitalization companies, and may perform poorly due to the issuers’ limited product lines, markets, financial resources or management experience.
This portfolio is non-diversified, which means that it invests in a limited number of stocks and is therefore subject to greater overall risk than diversified portfolios. Poor performance of a single security will generally have a more adverse impact on the return of a non-diversified portfolio than on a diversified portfolio, which would normally invest across a greater number of issuers.
Invests in securities of foreign companies and governments, which involves risks not typically associated with U.S. investments, including changes in currency exchange rates; economic, political and social conditions in foreign countries; and governmental regulations and accounting standards different from those in the U.S.
Invests in high yield or “junk” bonds, which are issued by companies that pose a greater risk of not paying the interest, dividends or principal their bonds have promised to pay. Such bonds are especially subject to adverse changes in interest rates or other general market conditions, or to downturns in the issuers’ companies or industries.
Invests in Real Estate Investment Trusts (REITs), which attempt to profit from the rental and sale of real property or from real estate mortgages. REITs may suffer from declines in real estate values or changes in interest rates.
These funding choices are Fidelity Variable Insurance Products funds that are designed as investment vehicles for variable annuity and variable life insurance contracts of insurance companies. MetLife receives a fee from Fidelity for providing certain recordkeeping and administrative services. You are not responsible for these fees.
May invest in derivatives to obtain investment exposure, enhance return or protect the portfolio’s assets from unfavorable shifts in the value or rate of underlying investments. Because of their complex nature, some derivatives may not perform as intended, can significantly increase the portfolio’s exposure to the existing risks of the underlying investments and may be illiquid and difficult to value. As a result, the portfolio may not realize the anticipated benefits from a derivative it holds or it may realize losses. Derivative transactions may create investment leverage, which may increase the volatility and may require liquidation of securities when it may not be advantageous to do so.
Asset allocation portfolios are "fund-of-funds" portfolios. Because of this two-tier structure, each asset allocation portfolio bears its own investment management fee and expenses, which includes the cost of the asset allocation services it provides, as well as its pro rata share of the management fee and expenses of each underlying portfolio. Without these asset allocation services, the contract owner’s expenses would be lower. Diversification does not ensure a profit or protect against loss.
Standard and Poor's Investment Advisory Services LLC ("SPIAS") serves as consultant to MetLife Advisers, LLC for the MetLife asset allocation portfolios. SPIAS does not provide advice to MetLife's underlying clients or have any discretionary authority or control with respect to purchasing or selling securities, and does not act as a "fiduciary" or "investment manager," as defined under ERISA, to any investor. SPIAS makes no warranties, express or implied, as to results to be obtained from the information provided by it, and neither SPIAS nor its affiliates endorse, sell or promote this product or make any recommendations as to the advisability of investing in it.
The asset allocation portfolios are “fund of funds” portfolios. Because of this two tier structure, each asset allocation portfolio bears its own investment management fees and expenses as well as its pro-rata share of the investment management fees and expenses of the underlying portfolios. The contract owner may be able to realize lower aggregate expenses by investing directly in the underlying portfolios instead of the asset allocation portfolios. In that case, you would not receive the asset allocation services of MetLIfe Advisers, LLC.
While diversification through an asset allocation strategy is a useful technique that can help to manage overall portfolio risk and volatility, there is no certainty or assurance that a diversified portfolio will enhance overall return or outperform one that is not diversified.
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 or other financial products and services. Clients should seek advice based on their particular circumstances from an independent tax advisor since 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 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.
The Financial Freedom Account Variable Annuity is issued by Metropolitan Life Insurance Company, 200 Park Avenue, New York, NY 10116 on Policy Form G.4333-7 and distributed by MetLife Investors Distribution Company [member FINRA]. Securities, including variable products, offered by MetLife Securities, Inc. [member FINRA/SIPC], 1095 Avenue of the Americas, New York, New York 10036. Metropolitan Life Insurance Company, MetLife Securities, Inc. and MetLife Investors Distribution Company are affiliates.
Like most annuity contracts, MetLife contracts contain surrender charges, termination provisions, holding periods. exclusions, limitations and terms for keeping them in force. See your representative for complete details.