#Metlife financial dom select professional
#Metlife financial dom select free

Withdrawals are made on a non-cumulative basis.Ĭurrently charged, we reserve the right to limit transfers and we reserve the right to impose a transfer fee. For example, after the first Contract Year, each year You may withdraw up to 10% of your Account Balance without a Withdrawal Charge. When the Withdrawal Charge does not apply to amounts that are withdrawn from the Deferred Annuity. Retrieved (commonly called a “recapture”). Your exercise of the “free look” is the only circumstance under which the bonus will be With a bonus feature and you exercise your right to cancel during the “free look” period, we will retrieve any bonus amount paid. The purchase payment credits (“Bonus”) may be more than offset by the higher expenses for these classes. It should be noted that the expenses for theī, L, and e Bonus Classes of the Deferred Annuity may be higher than similar contracts without a bonus. Subject to certain limitations, under the e Bonus Class Deferred Annuity we also credit 3% to each of your purchase payments made during the first contract year. Sold by MetLife or one of its affiliates. Subject to certain limitations, during the first two Contract Years, for the B and LĬlasses, we currently credit 3% (2% in New York State) to each of your purchase payments which consist of money from eligible rollover distributions or direct transfers from an investment vehicle (such as an annuity or a mutual fund) that was not For example, this Contract offers B Class with a 12-year Withdrawal Charge period, L Class with a 7-year Withdrawal Charge period and higher ongoing fees than BĬlass, e Class with no Withdrawal Charge and the lowest ongoing fees and the e Bonus Class with a 7 year withdrawal charge and higher ongoing fees than the e Class. The Contract has several classes that have different ongoing fees and surrender charges. You should only exchange your Contract if you determine, after comparing the features, fees, and risks of both contracts, that it isīetter for you to purchase the new contract rather than continue to own your existing Contract. Investment professionals may have a financial incentive to offer you a new contract in place of the one you own.

#Metlife financial dom select professional

Influence your investment professional to recommend this Contract over another investment. Investment professional may receive compensation for selling this Contract to You, both in the form of commissions and because MetLife may share the revenue it earns on this Contract with the professional’s firm. Earnings on your Contract are taxed at ordinary income tax rates when You withdraw them, and You may have to pay a penalty if You take a withdrawal before age 59 1⁄ 2.Your election to receive shareholder reports in paper will apply to all Portfolios available under your Policy. Please call us atġ-80 if you wish to continue receiving paper copies of the Portfolios’ shareholder reports.

#Metlife financial dom select free

If you wish to continue to receive shareholder reports in paper on and after January 1, 2021, we will continue to send you all future reports in paper, free of charge. Other information we send you by calling 1-80. You may elect to receive shareholder reports and other communications electronically, including Portfolio prospectuses and Receive your shareholder report electronically, you will not be affected by this change, and you need not take any action. Shareholder reports will be made available on /metlife/tahd/MET000211, and you will be notified by mail each time a shareholder report is posted and provided with a website link to access the shareholder report.

Permitted by regulations adopted by the Securities and Exchange Commission, paper copies of a Portfolio’s shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from us.