Attention. Currently, Brighthouse SM Fixed Rate Annuity and Brighthouse SM Fixed Rate Annuity MVA are not available in New York.

Similar documents
Attention. Currently, Brighthouse SM Fixed Rate Annuity and Brighthouse SM Fixed Rate Annuity MVA are not available in New York.

Attention. Currently, Brighthouse SM Fixed Rate Annuity and Brighthouse SM Fixed Rate Annuity MVA are not available in New York.

Bring retirement confidence into sight

Income for Life + Living + You

Contract Year % 6% 5% 4% 3% 0% 7% 6% 5% 4% 3% 2% 1% 0%

No annual contract, mortality & expense, or administrative fees. 9% 8% 8% 7% 6% 0% 9% 8% 8% 7% 6% 4% 4% 0%

Income Preferred Bonus Fixed Indexed Annuity

PRODUCT GUIDE. The SOLUTION Before life presents the problem. fixed indexed annuity. Oxford Life Select SERIES S-SERIES A M BEST

Nassau MYAnnuity SM 5X Nassau MYAnnuity SM 7X A Single Premium Individual Deferred Annuity SAMPLE

Withdrawal Charges & Fees No annual contract, mortality & expense, or administrative fees. 9% 8% 8% 7% 6% 4% 0%

MassMutual Odyssey Select SM

Build your bridge. MetLife Guaranteed Access Benefit. Transition from saving to spending with more confidence ANNUITIES PREMIUMI DEFERRED VARIABLE

SecureFore SM 5 Fixed Annuity

MassMutual Odyssey Select SM Product Disclosure

Complete your retirement picture with guaranteed income

Aviva Income Preferred Bonus

Summit 5 Fixed Annuity SM

Lifetime Withdrawal GuaranteeSM

Choose the retirement you want. Simply.

Dominator Plus SM Annuity Statement of Understanding

For Married Couples. A combined approach for reliable retirement income. Brighthouse FlexChoice Brighthouse Guaranteed Income Builder SM

PRODUCT GUIDE. Royal Select. fixed indexed annuity. The SOLUTION Before life presents the problem.

The FSA Flex 7 Annuity, a flexible-premium, tax-deferred fixed annuity, may be the right choice for your portfolio.

PHL Variable Insurance Company PO Box 8027, Boston, MA

Fixed Reference Guide

MEMBERS Focus Fixed Annuity

Income Advantage SM. Pacific. Client Guide. with a Guaranteed Withdrawal Benefit. for Edward Jones

American Freedom Elevate 5 A fixed annuity from Great American Life Insurance Company

Oxford Life BONUS TENTM FIXED INDEXED ANNUITY

I CAN make the most of my qualified retirement assets. MetLife Income Annuity SM

PRODUCT COMPARISON GUIDE

ENHANCED LIFETIME INCOME BENEFIT 2

Learn the Essentials. Discover how a level of protection and participation can lead to a brighter financial future. Brighthouse Shield Annuity

Fixed 5 Annuity Fixed 7 Annuity

Guggenheim Life and Annuity Company Product Training

INTEREST ENHANCED DEATH BENEFIT

Historical Price Returns

Nationwide Secure Growth SM fixed annuity. Your 5-minute guide. Can your future be more secure?

Protective ProSaver Platinum Plus

Registration using the Group PIN

MetLife Resources Participant Online Registration

Flexible Premium Deferred Annuity

North American Guarantee Choice SM

Prepare for Market Volatility. Help Realize Financial Goals.

Advantage CLIENT GUIDE SINGLE PREMIUM FIXED INDEXED ANNUITY CL (03/17)

ANNUITY PRODUCTS PRODUCT OVERVIEW. Marquis SP SINGLE PREMIUM FIXED INDEXED ANNUITY LL-2755 (10/16)

INTEREST ENHANCED DEATH BENEFIT

American Landmark 5 A fixed-indexed annuity from Great American Life Insurance Company

Flexible Premium Deferred Annuity

STATEMENT OF BENEFIT INFORMATION

SecureGain 7 Annuity A fixed annuity from Great American Life Insurance Company

American Custom 10. a fixed-indexed annuity from Great American Life Insurance Company, a member of Great American Insurance Group

Ready. Aim. Retire. Fixed Indexed Annuities. with Income Riders Issued by Athene Annuity and Life Company, West Des Moines, IA (09/28/15)

Retirement is more than a straight line

GROWTH, PROTECTION AND INCOME

Sample Client. - FSD Financial Services FSDFinancial.com 5530 Corbin Ave #333 Tarzana, CA An Annuity Illustration using

Index Achiever 7 A fixed-indexed annuity from Great American Life Insurance Company

Protective Indexed Annuities

NWL INCOME PROTECTOR WITHDRAWAL BENEFIT RIDER

PRODUCT COMPARISON GUIDE

Multi-Select Series PRODUCT GUIDE. multi-year guaranteed annuitytm. The SOLUTION Before life presents the problem. MY100C

North American Guarantee Choice SM

CLIENT BROCHURE FLEXIBLE PREMIUM DEFERRED ANNUITIES JEFFERSON PILOT CLASSIC FLEX. Issued by Jefferson-Pilot Life Insurance Company Greensboro, NC

WealthQuest Citadel 5 Diamond Series

Annuity. InfiniDex 10 TM. Statement of Understanding

Preserve Multi-Year Guaranteed Annuity Product

Pinnacle MYGA SM. A Multi-Year Guaranteed Annuity

American Landmark 5 Plus A fixed-indexed annuity from Great American Life Insurance Company

FG Guarantee-Platinum 7. A Single Premium, Fixed Deferred Annuity featuring a 7-year rate guarantee

Plus Flexible Premiums, Fixed Interest Rate Annuity with a Principal Guarantee Feature

Consider your options for a sound financial future. A single-premium fixed indexed annuity with flexible living and death benefits

American Freedom Aspire 5 A fixed annuity from Great American Life Insurance Company

Pinnacle MYGA SM. A Multi-Year Guaranteed Annuity Issued by Delaware Life Insurance Company*

INTEREST ENHANCED INCOME BENEFIT

Guarantee Choice SM 3

FG Guarantee-Platinum. A Single Premium, Fixed Deferred Annuity featuring a choice of a 3, 5 or 7-year rate guarantee

ANNUITY. Plus. The Flexibility You Need to Build the Retirement You Want. Transamerica Fixed Annuity Series PSI

A Solid Target to Secure Your Retirement Journey

INDEX FOUNDATIONSM Deferred, Fixed Indexed Annuity

PRODUCT COMPARISON GUIDE

American Legend 7 A fixed-indexed annuity from Great American Life Insurance Company

INNOVATIONS SELECT Variable Annuity Fact Sheet

American Custom 10 A fixed-indexed annuity from Great American Life Insurance Company

Protective Indexed Annuities. At a Glance

Pacific. ExpeditionSM. A Deferred Fixed Annuity for a Confident Retirement. Client Guide A 5/12

Prosperity Elite 7. Flexible Premium Fixed Deferred Indexed Annuity Options for your retirement planning

Safe Return A fixed-indexed annuity from Great American Life Insurance Company

CONTRACT SUMMARY. Pacific Index Select Disclosure Contract Form Series

I CAN make the most of my qualified retirement assets. MetLife Income Annuity SM

Safe Return An indexed annuity from Great American Life Insurance Company

ANICO. Annuity PLUS. A Multi-Strategy Indexed Annuity Issued By American National Insurance Company

Guarantee Ultimate II

NOrth AmericAN guarantee choicesm multi-year guarantee ANNuitY Z REV 09-12

Annuity Answer Booklet

SecureOption Select A fixed deferred annuity. safety and certainty on your terms. hij abc

Product Highlights. Fixed Deferred Indexed Annuities. Safe Income Plus

Prosperity Elite 7. Flexible Premium Fixed Deferred Indexed Annuity Options for your retirement planning

North American Guarantee ChoiceSM

FLEXIBLE PREMIUM DEFERRED FIXED INDEXED ANNUITY

Index Select Annuities 5, 7 And 10

Transcription:

ANNUITIES FIXED! Attention Currently, Brighthouse SM Fixed Rate Annuity and Brighthouse SM Fixed Rate Annuity MVA are not available in New York. Please check with your financial professional for full details. Brighthouse SM Fixed Rate Annuity and Brighthouse SM Fixed Rate Annuity MVA are issued by Brighthouse Life Insurance Company on Policy Form ICC18-8-300 (6/16) ( Brighthouse Financial ). Brighthouse Financial and its design are registered trademarks of Brighthouse Financial, Inc. and/or its affiliates. 1809 CLFA533333 2018 BRIGHTHOUSE FINANCIAL, INC. 2234150.1[09/07/2018]

Fact Sheet and Contract Summary ANNUITIES FIXED Brighthouse SM Fixed Rate Annuity MVA

Brighthouse SM Fixed Rate Annuity MVA is a single premium deferred fixed annuity with a limited Market Value Adjustment (MVA) that offers you a guaranteed rate of interest for each Guarantee Period. This annuity is designed for long-term retirement savings, and provides you with the opportunity to obtain a stream of income payments for life. You can lock in a guaranteed rate of interest for an Initial Guarantee Period from the available choices. 3 Years 5 Years 7 Years For Qualified 1 and Non-Qualified Accounts: Contract Type Contract Maximums and Minimums Single Premium Deferred Annuity Maximum Issue Age: 85 Minimum Purchase Payment: $25,000 Maximum Purchase Payment: $1,000,000 (without prior company approval) Maximum Annuitization Age: 1st contract anniversary after the Owner s 95th birthday : May apply to amounts withdrawn in excess of the Free Withdrawal Amount during the Initial Guarantee Period Initial Guarantee Period During Initial Guarantee Period Non-NY During Initial Guarantee Period NY Only During Renewal Period(s) 3 Years 7%, 7%, 7% 7%, 6%, 5% 5 Years 7%, 7%, 7%, 6%, 5% 7%, 6%, 5%, 4%, 3% 7 Years 7%, 7%, 7%, 6%, 5%, 4%, 3% 7%, 6%, 5%, 4%, 3%, 2%, 1% Enhanced Rate 2 For any Purchase Payment of $100,000 or more, the Initial Guaranteed Interest Rate is higher than a similar contract with a Purchase Payment of less than $100,000. Please review the rate flyer or contact your financial professional for details on current rates. Renewal At the end of the Initial Guarantee Period, the contract will automatically renew in to a Subsequent Guarantee Period of one year at the then-current renewal interest rate, and will no longer be subject to a or MVA. For each Subsequent Guarantee Period, a new renewal interest rate will be declared. Renewal interest rates will generally be lower than the Initial Guaranteed Interest Rate, but will not be less than the Minimum Guaranteed Interest Rate (MGIR). 1 If you are buying an annuity to fund a qualified retirement plan or IRA, you should do so for the annuity s features and benefits other than tax deferral. Tax deferral is generally a feature of a qualified retirement plan or an IRA, so an annuity would not provide an additional tax deferral benefit. References throughout this material to tax advantages, such as tax deferral and tax-free transfers, are subject to this consideration. The product described in these materials is not made available to employer-sponsored qualified retirement plans. For non-qualified annuities, tax deferral is not available to corporations and certain other entities. 2 The Enhanced Rate may be available when the base crediting rate is greater than the contractual Minimum Guaranteed Interest Rate (MGIR). If the base crediting rate is equal to the contractual MGIR, the Enhanced Rate may not be available.

Access to Your Money 3 Free Withdrawal Amount The following amounts may be withdrawn free of and MVA: First contract year: 1 of the Purchase Payment Each year after the first contract year: 1 of the Account Value, as of the prior contract anniversary Withdrawals made to satisfy Required Minimum Distributions (RMDs) for amounts held within the contract Minimum Withdrawal Value Upon full surrender, payment of Death Benefit, or annuitization, the amount you receive will never be less than the Minimum Withdrawal Value. As specified in your contract, the Minimum Withdrawal Value is a percentage 4 of your purchase payment accumulated at the Minimum Withdrawal Interest Rate, adjusted for withdrawals (excluding any s or MVA) and any premium tax or other taxes. Limited MVA A Market Value Adjustment may apply to withdrawals in excess of the Free Withdrawal Amount during the Initial Guarantee Period. The MVA may be either a positive or negative adjustment to the Account Value depending on the relationship between the current weekly Constant Maturity Treasury (CMT) rate and the weekly CMT rate on the first day of the Guarantee Period as described in the formula in your contract. In general, if the applicable weekly CMT rate on the first day of the Initial Guarantee Period is lower than the weekly CMT rate applicable at the time of a full or partial withdrawal, then the application of the MVA will result in a lower net amount payable to you. Similarly, if the applicable weekly CMT rate on the first day of the Guarantee Period is higher than the weekly CMT rate applicable at the time of a full or partial withdrawal, then the application of the MVA will result in a higher net amount payable to you. If applicable, a negative MVA will not result in you receiving less than the Minimum Withdrawal Value outlined in your contract. Interest Income Program Withdrawal Amount: Equal to the interest credited during the previous contract month Frequency: Monthly Availability: This program may be elected at any time, at no additional charge These withdrawals will not be subject to s or an MVA as long as they do not exceed the Free Withdrawal Amount discussed above. This program may be stopped and restarted at any time. Withdrawals reduce the Account Value and the value of the Death Benefit. Guaranteed Income Fixed Life Annuity with 10-Year Guarantee Period Fixed Joint and Last Survivor Annuity with 10-Year Guarantee Period Any other payout option that may be available at that time Income payments can start 13 months after the Issue Date and must start by the Maturity Date, which is the contract anniversary after the Owner s 95th birthday. Waivers of Charges s and MVA will be waived under certain limited conditions: Nursing Home Waiver If you become confined to a nursing home and/or hospital for 90 consecutive days or more. Must be 80 years old or younger at contract issue. Terminal Illness Waiver If you are diagnosed with a terminal illness, with a life expectancy of 12 months or less. Must be 80 years old or younger at contract issue. Required Minimum Distribution (RMD) Calculated payments for the contract may be withdrawn without a. Other restrictions and conditions apply. These waivers may not be available in all states. See the contract or your financial professional for more details. Protection Death Benefit Upon the death of the Owner, the beneficiary will receive the full Account Value (not subject to s or MVA), or the Minimum Withdrawal Value, whichever is greater. 3 Withdrawals of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59½ may also be subject to a 1 federal income tax penalty. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3.8% Unearned Income Medicare Contribution tax that is generally imposed on interest, dividends, and annuity income if your modified adjusted gross income exceeds the applicable threshold amount. 4 Percentage will differ for contracts issued in New York.

Important information for New Jersey residents: Free Look An annuity contract may be canceled for any reason within 10 days of receipt and you will receive from Brighthouse Financial a prompt refund of any account value of the annuity, including any contract fees or other charges, by mailing or otherwise surrendering the annuity together with a written request of cancellation. NJ DOBI Contact Information You may contact the New Jersey Department of Banking and Insurance by calling (609) 292 7272 or (800) 446-7467. Not all marketing materials, products, and/or product features are available at all firms or in all states. Please check with your financial professional for further details. Brighthouse SM Fixed Rate Annuity MVA, like all annuities, is an insurance product and not insured by the FDIC, the NCUSIF, or any other government agency, nor is it guaranteed by, or the obligation of, the financial institution that sells it. All contract guarantees and annuity payout rates are subject to the claims-paying ability and financial strength of the issuing insurance company. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased, or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability and financial strength of the issuing insurance company. Similarly, the issuing insurance company does not back the financial strength of the broker/dealer or any of its affiliates. Like most annuities, annuities from Brighthouse Financial have charges, termination provisions, and terms for keeping them in force. Please contact your financial professional for complete details. Any discussion of taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax, or accounting advice. Clients should confer with their qualified legal, tax, and accounting advisors as appropriate. Withdrawals of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59½ may also be subject to a 1 federal income tax penalty. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3.8% Unearned Income Medicare Contribution tax that is generally imposed on interest, dividends, and annuity income if your modified adjusted gross income exceeds the applicable threshold amount. Withdrawals will reduce the death benefit and account value. Withdrawals may be subject to withdrawal charges. If you are buying an annuity to fund a qualified retirement plan or IRA, you should do so for the annuity s features and benefits other than tax deferral. Tax deferral is generally a feature of a qualified retirement plan or IRA, so an annuity would not provide an additional tax deferral benefit. References throughout this material to tax advantages, such as tax deferral and tax-free transfers, are subject to this consideration. The product described in these materials is not made available to employer-sponsored qualified retirement plans. For non-qualified annuities, tax deferral is not available to corporations and certain other entities. All guarantees, including optional benefits, are subject to the claims-paying ability and financial strength of the issuing insurance company. Each issuing insurance company is solely responsible for its own financial condition and contractual obligations. Brighthouse SM Fixed Rate Annuity MVA is issued by, and product guarantees are solely the responsibility of, Brighthouse Life Insurance Company on Policy Form ICC18-8-300 and, in New York only, by Brighthouse Life Insurance Company of NY on Policy Form 7-300 (6/16) ( Brighthouse Financial ). Brighthouse Financial and its design are registered trademarks of Brighthouse Financial, Inc. and/or its affiliates. Not a Deposit Not FDIC Insured Not Insured by Any Federal Government Agency Not Guaranteed by Any Bank or Credit Union Brighthouse Life Insurance Company 11225 North Community House Road Charlotte, NC 28277 brighthousefinancial.com Brighthouse Life Insurance Company of NY 285 Madison Avenue New York, NY 10017 1805 CLFA478525 2018 BRIGHTHOUSE FINANCIAL, INC. 2200801.1[08/03/2020]