If the annuitant(s) die before the total amount of income payments received equals the single premium amount paid on the contract, the difference will be paid in a lump sum to the beneficiary. Payments will be made for as long as either annuitant lives. 6 If both annuitants die prior to the end of the guaranteed period, the beneficiary will receive the remaining payments until the end of the period certain. Payments will be made for a guaranteed period of time, 5–50 years. If both annuitants die prior to the end of the guaranteed period, the beneficiary will receive the remaining payments. Payments will be made for a guaranteed period of time, 5–50 years, 6 or for as long as either annuitant lives, whichever is longer. All payments end upon the death of both annuitants. The income payments go to the surviving annuitant upon the first death. Payments last for as long as a person (annuitant) lives or as long as either of two people (annuitant or joint annuitant) is alive. Environmental, Social and Governance (ESG) Investing.Bond Funds, Bond ETFs, and Preferred Securities.ADRs, Foreign Ordinaries & Canadian Stocks.Environmental, Social and Governance (ESG) ETFs.Environmental, Social and Governance (ESG) Mutual Funds.Benefits and Considerations of Mutual Funds.Metropolitan Tower Life Insurance Company (MTL), 5601 South 59th St. Metropolitan Life Insurance Company (MLIC), 200 Park Ave. Contact your Metropolitan Tower Life Insurance Company representative for more information. Metropolitan Tower Life Insurance Company annuity products may not be available in all states. You should confer with your qualified legal, tax and accounting advisors as appropriate. Metropolitan Tower Life Insurance Company, its agents and representatives may not give legal, tax or accounting advice and this document should not be construed as such. Contact your MetLife representative for more information.Īny discussion of taxes is for general informational purposes only and does not purport to be complete or cover every situation. MetLife annuity products may not be available in all states. MetLife, its agents and representatives may not give legal, tax or accounting advice and this content should not be construed as such. Employee Respondents were screened to be planning to retire in the next five years or beginning to play retirement, be 56-75 years of age and have access to a 401K plan through their employer. Employee research was conducted between February 5-10, 2021. On behalf of MetLife, CITE Research (conducted an online survey among 600 employees nearing retirement. Employer respondents were screened to work in HR, be very involved in decisions about the company’s retirement benefits, and work at a company that offers a 401K plan. Employer research was conducted between February 5-25, 2021. On behalf of MetLife, CITE Research (conducted an online survey among 200 HR decision-makers. Employee Benefit Trends Study, 2021ģ MetLife’s Evolving Retirement Study, March 2020 Ask a MetLife representative for costs and complete details.ġ All guarantees are based on the claims-paying ability and financial strength of the issuing MetLife company.Ģ 19th Annual MetLife U.S. Like most group annuity contracts, MetLife group annuities contain certain limitations, exclusions and terms for keeping them in force. NY, NY 10166 or Metropolitan Tower Life Insurance Company (MTL), 5601 South 59th St., Lincoln, NE 68516, two wholly owned subsidiaries of MetLife, Inc. ** Group annuity contracts can be issued by Metropolitan Life Insurance Company (MLIC), 200 Park Ave. * All guarantees are subject to the financial strength and claims-paying ability of Metropolitan Life Insurance Company or Metropolitan Tower Life Insurance Company.
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