MetLife

The Metropolitan Life Insurance Company (MetLife) is a leading provider of insurance and other financial services to millions of individual and institutional customers throughout the United States.

MetLife is one of the largest and strongest providers of variable annuity products in the United States and abroad. The company also offers products in the areas of life insurance, disability insurance, retirement savings, auto insurance, dental insurance, employee benefits and banking services.

MetLife serves 90 million people in over 50 countries and is a publicly listed company on the New York Stock Exchange. 

MetLife Product Reviews
Product Review of Preference Premier
Wondering if MetLife recognized the irony in naming their most currrent...
Product Review of Preference Premier
There is an interesting feature available through this product that allows for...
Metlife is one of several insurance companies offering a longevity insurance...
There are 2 versions of MetLife's longevity annuity. The first is what they...
Products Offered


General Information
Websitehttp://www.metlife.com
TypeInsurance Company
Founded
Ownership
CountryUSA
Contact Information
Address
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Phone
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Information & Articles about MetLife

A very good, balanced article about the longevity annuity--well worth the read.

Consider that the annuity payout for a $50,000 longevity annuity purchased from MetLife by a 60 year old male is $56,106 per year.  The payouts begin at age 85 and last for the lifetime of the contract holder.

Tax considerations, estate planning and financial planning are discussed in the context of longevity annuities.

Source: U.S. News and World Report

Full Story

3,624 reads

The U.S. Treasury Department is expected to annouce that TARP funds will be extended to certain life insurers that have bank holding or thrift status.

The potential TARP funds are seen as most beneficial for those life insurers whose capital bases have suffered most during the financial crisis.

Strengthened capital bases are likely a positive for consumers of life and annuity products, while industry shareholders and executives would suffer from dilution of their ownership and increased regulatory burden in areas such as executive compensation.

Possible TARP fund recipients include Hartford Financial Services Group, Lincoln National, Genworth Financial, Prudential and MetLife, Principal Financial Group and the Phoenix Companies.

Source: Wall Street Journal    

2,934 reads

Barclays and other large asset managers roll-out sophisticated defined contribution plans that have annuity options built into the plans.  Employers, however, have been slow to adopt the new programs.

If you're approaching retirement right now, there's no easy fix for your portfolio. But if you are in midcareer, you may soon have a chance to structure your 401(k) in a much different way. A dozen or so asset managers and insurers, including AllianceBernstein, AXA, Barclays Global Investors, John Hancock, MetLife, and Prudential, are designing a new breed of retirement instrument that combines elements of pensions and 401(k)s. These products—call them hybrid 401(k)s—have begun slowly rolling out. And while they differ in structure, all combine annuities—essentially, insurance contracts that provide periodic income payments—with an investment portfolio.

Source: Business Week

Full Story

3,468 reads

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