Each Shield Option is a combination of level of protection, index and term. You have the flexibility to allocate your purchase payment among one or more Shield Options, plus the Fixed Account1, if available.
The Maximum Growth Opportunity is referred to as "Cap Rate" in the prospectus and contract. Choose from Shield 10, Shield 15, Shield 25 or Shield 100. MetLife will absorb the first 10%, 15%, 25% or 100% of any index loss, respectively. Your account value will be reduced by any negative performance beyond the level of protection. If you do not elect Shield 100 or the Fixed Account, you could conceivably see a risk of substantial loss if the index declines more than your level of protection. Shield 100 Shield Options may not be available in all states.
This material must be preceded or accompanied by a prospectus for the MetLife Shield Level SelectorSM annuity issued by a MetLife insurance company (MetLife), which is available from your financial professional. The contract prospectus contains information about the contract’s features, risks, charges and expenses. Clients should read the prospectus and consider this information carefully before investing. Product availability and features may vary by state. Please refer to the contract prospectus for more complete details regarding the optional Return of Premium Death Benefit. MetLife reserves the right to substitute any index at any time.
MetLife Shield Level Selector is a long-term investment designed for retirement purposes and has limitations, exclusions, charges, termination provisions and terms for keeping it in force. There is a risk of substantial loss of principal for losses beyond the Shield Rate you select, because you agree to absorb all losses that exceed your chosen Shield Rate. Please refer to “Risk Factors” in the contract prospectus for more details. All contract guarantees, including the optional death benefit and annuity payout rates, are backed by 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 and the underwriter do not back the financial strength of the broker/dealer or its affiliates. Please contact your financial professional for complete details.
Withdrawals of taxable amounts are subject to ordinary income tax and if made before age 59½, may be subject to a 10% Federal income tax penalty. Some broker/dealers and financial professionals may refer to the 10% Federal income tax penalty as an “additional tax” or “additional income tax,” or use the terms interchangeably when discussing withdrawals taken prior to age 59½. 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 interest, dividends, and annuity income if your modified adjusted gross income exceeds the applicable threshold amount. Withdrawals will reduce the living and death benefits and account value. Withdrawals may be subject to withdrawal charges.
MetLife, its agents, and representatives may not give legal, tax or accounting advice and this document should not be construed as such. Clients should confer with their qualified legal, tax and accounting advisors as appropriate.
MetLife Shield Level Selector Single Premium Deferred Annuity is issued by MetLife Insurance Company USA on Policy Form L-22494 (09/12); Charlotte, NC 28277 and in New York, only by Metropolitan Life Insurance Company on Policy Form ML-22494 (09/12); New York, NY 10166; (collectively and singly "MetLife"). This product is distributed by MetLife Investors Distribution Company (member FINRA). All are MetLife companies.
• Not A Deposit • Not FDIC-Insured • Not Insured By Any Federal Government Agency
• Not Guaranteed By Any Bank Or Credit Union • May Go Down In Value