Metlife Annuity Login: Metlife Preference Plus Account
Metlife Annuity Login: People living on fixed income need to plan well for their retirement life so they don’t have to suffer from a financial crunch. MetLife offers investment products to help them with this. Here we will discuss MetLife Annuity login for advisors and customers. MetLife annuity is a long-term investment product specially designed for this. The annuitant receives a fixed amount of payment for the life period.
Types of Annuity
MetLife offers various investment options to meet its goals. Different types of annuities are fixed annuities and variable annuities. For the Fixed Annuities, the payment you will receive is predictable. There is a fixed rate of return. If necessity arises, you can also withdraw the amount.
There is less risk associated with a fixed type of annuity. For variable annuity, you get more return and it depends on the market variation. The risk factor is also more for a variable annuity. You can manage your account by MetLife annuities online login.
Is fixed annuity the Right choice or is variable Annuity is the right choice for you?
In the case of a fixed annuity, your principal is safe and you can predict future income. There is a guaranteed return, so if you need income that you cannot outlive, then a fixed annuity is the right choice for you. If you are investing for a good return and are not afraid of varying markets and are ready to run some risk, then you can go for a variable annuity. Customers can access online accounts through MetLife annuities sign-in.
Differed annuities have two phases: The investment phase and the income phase.The annuitant saves and invests regularly and the money accumulates. The accumulated money is converted to regular income for the life during the income phase. Deferred annuities can be either fixed or variable.
The annuity owner gets a stable and fixed return for the fixed annuity. The money is protected from market volatility. There is a guaranteed interest rate and it also offers access to the money in a time of need. In the case of a variable annuity, the flexibility is more and a larger return is offered.
There are different deferred annuity products offered by MetLife such as the Preference Flex Select Deferred Fixed annuity and the Preference plus Select Deferred Variable Annuity.
Immediate Annuities from MetLife
Immediate annuities are very helpful to individuals who have just retired or nearing retirement and need to plan for regular income. As the name suggests the pay-outs start in a short time or you can say immediately after the product is purchased. Usually, you have to make a single payment for such type of annuity. The money you invest is converted to an income stream for a fixed number of years.
The annuity also has the option of passing the payment to a beneficiary. Immediate annuities are also of two types fixed that offer a predictable stream of income, whereas variable offers investment flexibility and also has a chance of better return.
Benefits of MetLife Products
Income from the MetLife Income annuity is tax-free. You get guaranteed income for a specified number of years for the life according to the plan chosen. There is also a Preference plus Income Advantage immediate variable annuity which offers a choice of variable income payments or a combination of variable and fixed income payments both.
To make your future safe and live comfortably in your retirement age, you can consider investing in MetLife annuity and live happily. Read more articles on rozyjos.
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