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Location: 308 8th Street, Hoboken, NJ 07030
Fax: 201-459-0199 • E-mail: alknoblauch@optonline.net
Call Us Anytime: 201-459-1300
Contact Us
Thank you for taking a moment to visit our website. If you have further questions regarding our services, or if you would like to speak with one of our friendly agents about your employee benefits and insurance needs, please give us a call or just stop by. We are always more than happy to assist in any way possible and we look forward to working with you.
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201-459-1300
Call Us Anytime
Location:
308 8th Street
Hoboken, NJ 07030
Fax: 201-459-0199
E-mail: alknoblauch@optonline.net
MetLife Retirement Income Insurance®
A Fixed Deferred Income Annuity
MetLife Retirement Income Insurance allows individuals to protect against outliving their income. It is targeted to those who are nearing retirement or are already retired. MetLife Retirement Income Insurance is intended to provide income in later years, even when other retirement income sources may have run out.
Key Benefits
For You:
- Enhances Benefits Package Complements current retirement plan offering by providing a way for people near retirement and retirees to provide income later on
- Improves Company’s Image MetLife Retirement Income Insurance is a leading-edge benefit
- Addresses Critical Need More than half of all individuals are concerned with outliving their retirement assets
- Adds Value at Little Cost Expands benefit offering and provides administrative support and services that make it easy to offer this benefit
- Backed by a Trusted Leader Over 140 years of benefit experience and guarantees backed by the sustained financial strength of MetLife
For Individuals:
- Protection Protects against the possibility of outliving retirement income and can help provide financial independence in later years
- Flexibility Individuals can buy as much guaranteed income as they want, change the date income payments begin or even provide Lifelong Income for Two
- Simplicity Makes it easier for individuals to plan for retirement, knowing they have income that will begin coming in at a later age
Target Profile
MetLife Retirement Income Insurance may be appropriate for individuals who
- Are near retirement or are already retired
- Want to protect themselves against longevity risk
Product Details
How It Works
A contribution to MetLife Retirement Income Insurance buys a future guaranteed income stream. This is based upon
- Contribution amount
- Annuity income purchase rate
- Elected income start date
- Age
Product Features
- Guaranteed lifelong income2
- Portability
- Death Benefit Protection–Beneficiaries will receive the purchase payments to date accumulated at 3% per year if the employee should die prior to the elected income start date. Death after payment commencement is based on the income payment option selected.
- Inflation Guarantee–Optional inflation protection feature protects the purchasing power of an individual’s income by automatically increasing payments to keep up with cost of living increases.
- A Range of Income Payment Options–Lifelong Income for One or Two and Lifelong Income with Guaranteed Periods are available
- Access to MetLife Income Specialists
- Informational Web site and online planning calculator
- Comprehensive Statements–Statements show contribution amount(s), date(s) received and income benefit
- Limited access to withdrawal value as defined in the contract (tax penalties may apply)
Pursuant to IRS Circular 230, MetLife is providing you with the following notification:
The information contained in this document is not intended to (and cannot) be used by anyone to avoid IRS penalties. This brochure supports the promotion and marketing of MetLife’s annuity products. You should seek advice based on your particular circumstances from an independent tax advisor.
