REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 |
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Pre-Effective Amendment No. |
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Post-Effective Amendment No. 38 |
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and |
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REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |
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Amendment No. 460 |
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E-1 | |
E-1 |
|
Fees and Expenses |
Location in
Prospectus | |||
Charges for Early
Withdrawals |
If you withdraw money during the first 3 full
Contract Years following a
Purchase
Payment, you may be assessed a withdrawal charge of up to 7% of
the
Purchase Payment withdrawn, declining to 0% over that time
period. For example, if you make an early withdrawal, you
could pay a withdrawal charge of up to $7,000 on a
$100,000 investment. |
Fee Table and
Examples
Expenses – Withdrawal Charge | |||
Transaction
Charges |
In addition to withdrawal charges, you also may be charged for the
following transactions: transfers of cash value between
investment options, which include the
Investment Portfolios and the
Fixed Account.
Transfer Fee. Currently, we allow unlimited transfers among the investment options without charge. However, we reserve the right to charge for transfers
after the first 12 transfers per year. |
Fee Table and
Examples
Expenses –
Transfer Fee | |||
Ongoing Fees and
Expenses (annual charges) |
The table below describes the fees and expenses that you may pay
each year,
depending on the options you choose. Please refer to your Contract
specifications page for information about the specific
fees you will pay each year based on the options you have
elected. |
Fee Table and
Examples
Expenses –
Product
Charges
Appendix A:
Investment
Available
Under the
Contract | |||
Annual Fee |
Minimum |
Maximum | |||
Base Contract1 |
1.62% |
1.72% | |||
Investment options
(Portfolio Company fees and
expenses)2 |
0.53% |
1.31% | |||
Optional benefits available for
an additional charge (for a
single optional benefit, if
elected) |
0.20%3 |
1.50%4 | |||
1 As a percentage of average Account Value in the
Separate Account. The charge shown also
includes the Account Fee.
2 As a percentage of fund assets before temporary expense reimbursements and/or fee waivers.
3 As a percentage of average Account Value in the
Separate Account. This charge is the current
charge for the least expensive optional benefit.
4 As a percentage of the Total Guaranteed Withdrawal Amount, which is a value used to
calculate your benefit. This charge is the current charge
for the most expensive optional benefit. | |||||
Because your Contract is customizable, the choices you make affect how
much you will pay. To help you understand the cost of
owning your Contract, the following table shows the
lowest and highest cost you could pay each year, based on
current charges. This estimate assumes that you do not
take withdrawals from the Contract, which could add withdrawal
charges that substantially increase costs. | |||||
Lowest Annual Cost
$1,946 |
Highest Annual Cost
$4,217 | ||||
Assumes: |
Assumes: | ||||
•Investment of $100,000 •5% annual appreciation •Least expensive Portfolio Company fees and expenses •No optional benefits •No additional Purchase Payments,
transfers, or withdrawals |
•Investment of $100,000 •5% annual appreciation •Most expensive combination of optional benefits and Portfolio Company fees and expenses |
|
Risks |
Location in
Prospectus | |||
Risk of Loss |
You can lose money by investing in this Contract including loss of
principal. |
Principal Risks | |||
Not a Short-Term
Investment |
This Contract is not a short-term investment and is not appropriate for
an investor who needs ready access to cash.
Withdrawal charges may apply for the first 3 years of the
Contract. Withdrawal charges will reduce the value of your Contract if you withdraw
money during that time.
The benefits of tax deferral and living benefit protection also mean
the Contract is more beneficial to investors with a long
time horizon. |
Principal Risks | |||
Risks Associated
with Investment
Options |
•An investment in this Contract is subject to the risk of poor investment
performance and can vary depending on the performance of the investment
options available under the Contract (e.g., Portfolio
Companies). •Each investment option, including the
Fixed Account, has its own unique
risks. •You should review the prospectuses for the available funds and the
prospectus disclosure concerning the
Fixed Account before making an
investment decision. |
Principal Risks | |||
Insurance
Company Risks |
An investment in the Contract is subject to the risks related to us.
Any obligations (including under the
Fixed Account), and guarantees and benefits
of the Contract that exceed the assets of the
Separate Account are subject to
our claims-paying ability. If we experience financial distress, we may
not be able to meet our obligations to you. More
information about Brighthouse, including our financial
strength ratings, is available by contacting us at (888)
243-1968. |
Principal Risks | |||
|
Restrictions |
| |||
Investments |
Allocations and/or transfers to the
Fixed Account are not available at this
time. •Currently, we allow unlimited transfers without charge among investment
options during the
Accumulation Phase. However, we reserve the right to
impose a charge for transfers in excess of 12 per
year. •We reserve the right to limit transfers in circumstances of
frequent or large transfers. •We reserve the right to remove or substitute the Portfolio Companies
available as investment options under the Contract. |
Investment
Options | |||
Optional Benefits |
•Certain optional benefits limit or restrict the investment options that you
may select under the Contract. We may change these restrictions in the
future. •Certain optional benefits could limit subsequent Purchase Payments. •Withdrawals may reduce the value of an optional benefit by an amount
greater than the value withdrawn, which could significantly reduce the
value or even terminate the benefit. •We may stop offering an optional benefit at any time for new sales. |
Purchase – Investment Allocation Restrictions for Certain Riders Living Benefits Appendix B:Investment
Available
Under the
Benefits
Offered Under
the Contract |
|
Taxes |
Location in
Prospectus | |||
Tax Implications |
•Consult with a tax professional to determine the tax implications of an
investment in and payments received under this Contract.
•If you purchase the Contract through a tax-qualified plan or individual
retirement account, you do not get any additional tax
benefit. •You will generally not be taxed on increases in the value of
the Contract until they are withdrawn. Withdrawals will
be subject to ordinary income tax, and may be subject to
tax penalties if you take a withdrawal before age
59 1∕2. |
Federal
Income Tax
Status | |||
|
Conflicts of Interest |
| |||
Investment
Professional
Compensation |
Your investment professional may receive compensation for selling this
Contract to you, in the form of commissions, additional
cash benefits (e.g., bonuses), and non-cash compensation.
This conflict of interest may influence your investment
professional to recommend this Contract over another
investment for which the investment professional is not compensated or
compensated less. |
Other
Information –
Distributor | |||
Exchanges |
If you already own an insurance Contract, some investment professionals
may have a financial incentive to offer you a new
Contract in place of the one you own. You should only
exchange a Contract you already own if you determine,
after comparing the features, fees, and risks of both Contracts, that it is better for you to purchase the new Contract rather than continue to
own your existing Contract. |
Replacement of Contracts and Other Exchanges |
Withdrawal Charge (Note 1)
(as a percentage of
Purchase Payments) |
7% |
|
|
Transfer Fee (Note 2) |
$25
$0 (First 12 per year) |
Number of Complete Years from Receipt of Purchase Payment |
Withdrawal Charge
(% of Purchase Payment)
|
0 |
7 |
1 |
6 |
2 |
5 |
3 and thereafter |
0 |
Annual Contract Expenses |
|
Administrative Expenses (Note 1) |
$30 |
Base Contract Expenses (Note 2) |
1.60% |
(as a percentage of average Account Value) |
|
Optional Benefit Expenses (Note 3, Note 4)
|
|
Optional Death Benefit — Annual Step-Up (as a percentage of average Account Value) |
0.20% |
Guaranteed Minimum Income Benefit (GMIB) Rider Charges |
|
(as a percentage of the Income Base (Note 5)) |
|
GMIB Plus I — maximum charge |
1.50% |
GMIB Plus I — current charge |
0.95% |
For contracts issued with GMIB Plus I on or before February 24, 2009: |
|
GMIB Plus I — maximum charge |
1.50% |
GMIB Plus I — current charge |
0.75% |
GMIB |
0.50% |
Lifetime Withdrawal Guarantee Rider Charges |
|
(as a percentage of the Total Guaranteed Withdrawal Amount(Note 6)) |
|
Lifetime Withdrawal Guarantee II (LWG II) |
|
Single Life version — maximum charge |
1.60% |
Single Life version — current charge |
1.25% |
Joint Life version — maximum charge |
1.80% |
Joint Life version — current charge |
1.50% |
For contracts issued with LWG II on or before February 23, 2009: |
|
Single Life version — maximum charge |
1.25% |
Single Life version — current charge |
0.65 |
Joint Life version — maximum charge |
1.50% |
Joint Life version — current charge |
0.85% |
Lifetime Withdrawal Guarantee I (LWG I) |
|
Single Life version — maximum charge |
0.95% |
Single Life version — current charge |
0.50% |
Joint Life version — maximum charge |
1.40% |
Joint Life version — current charge |
0.70% |
Guaranteed Withdrawal Benefit Rider Charges |
|
(as a percentage of the Guaranteed Withdrawal Amount (Note 7)) |
|
Enhanced Guaranteed Withdrawal Benefit — maximum charge |
1.00% |
Enhanced Guaranteed Withdrawal Benefit — current charge |
0.55% |
For contracts issued with Enhanced Guaranteed Withdrawal Benefit on or before July 13, 2007: |
|
Enhanced Guaranteed Withdrawal Benefit — maximum charge |
1.00% |
Enhanced Guaranteed Withdrawal Benefit — current charge |
0.50% |
|
|
Guaranteed Withdrawal Benefit I — maximum charge |
0.95% |
Guaranteed Withdrawal Benefit I — current charge |
0.50% |
Guaranteed Minimum Accumulation Benefit Rider Charge |
|
(as a percentage of the Guaranteed Accumulation Amount (Note 8)) |
0.75% |
|
Minimum |
Maximum |
Total Annual Investment Portfolio Expenses |
|
|
(expenses that are deducted from Investment Portfolio assets, including
management fees, distribution and/or service (12b-1) fees, and other
expenses) |
0.53% |
1.31% |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$11,910 |
$19,511 |
$25,498 |
$53,497 |
minimum |
$11,030 |
$16,917 |
$21,257 |
$45,506 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$4,910 |
$15,011 |
$25,498 |
$53,497 |
minimum |
$4,030 |
$12,417 |
$21,257 |
$45,506 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$9,910 |
$13,415 |
$15,173 |
$31,999 |
minimum |
$9,130 |
$11,076 |
$11,281 |
$24,275 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$2,910 |
$8,915 |
$15,173 |
$31,999 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
minimum |
$2,130 |
$6,576 |
$11,281 |
$24,275 |
Number of Complete Years from Receipt of Purchase Payment |
Withdrawal Charge (% of Purchase Payment) |
0 |
7 |
1 |
6 |
2 |
5 |
3 and thereafter |
0 |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions / Limitations |
Dollar Cost
Averaging
Program |
Allows you to systematically
transfer a set amount each
month from Investment
Portfolios or the Fixed
Account to other available
Investment Portfolios |
Standard |
No Charge |
N/A |
•Available only during the Accumulation phase •Transfers only available from the Fixed Account or the BlackRock Ultra-Short Term Bond Portfolio •Not available with the GMIB Plus I, LWG II or GMAB rider |
Enhanced
Dollar Cost
Averaging
(EDCA)
Program |
Allows you to systematically
transfer amounts from the
EDCA account in the general
account, to any available
Investment Portfolio(s) you
select |
Standard |
No Charge |
N/A |
•Available only during the Accumulation phase •Generally only available for new Purchase Payments or portions thereof |
Three Month
Market
Entry
Program |
Allows you to systematically
transfer amounts from the
EDCA account in the general
account, to any available
Investment Portfolio(s) you
select, over a three months
period |
Standard |
No Charge |
N/A |
•Available only during the Accumulation phase •Transfers are limited to a three month duration |
Automatic
Rebalancing
Program |
Allows us to automatically
rebalance your Account
Value to return to your
original percentage
allocations |
Standard |
No Charge |
N/A |
•Available only during the Accumulation phase •The Automatic Rebalancing Program is not available if you have selected the GMAB rider |
Systematic
Withdrawal
Program |
Allows you to set up an
automatic payment of up to
10% of your total Purchase
Payments each year |
Standard |
No Charge |
N/A |
•Each payment must be at least $100 (unless we consent otherwise) •In the first Contract Year, only monthly or quarterly payments are allowed |
Nursing
Home or
Hospital
Confinement
Rider |
Allows you to withdraw
Account Value without a
withdrawal charge |
Standard |
No Charge |
N/A |
•Must own contract for at
least one year •You or your joint owner must be confined for at least 90 days •Confinement must be prescribed by a physician and be medically necessary •Terminates on Annuity Date •Not available for owners
81 or older on the contract
issue date |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Terminal
Illness Rider |
Allows you to withdraw
Account Value without a
withdrawal charge |
Standard |
No Charge |
N/A |
•Must own contract for at least one year to incur no withdrawal charge •Must be terminally ill and not expected to live more than 12 months; a physician certifies to your illness and life expectancy; you were not diagnosed with the terminal illness as of the date we issued your contract; and you have been the Owner continuously since the contract was issued (or have become the Owner as the spousal Beneficiary who continues the contract) •Terminates on Annuity Date •Not available for owners
81 or older on the contract
issue date |
Standard
Death
Benefit –
Principal
Protection |
Pays a minimum death
benefit at least equal to the
greater of the Account Value
or total Purchase Payments
adjusted for any withdrawals |
Standard |
No Charge |
N/A |
•Withdrawals may proportionately reduce the benefit, and such reductions could be significant |
Annual
Step-Up
Death
Benefit |
Pays a death benefit equal to
the greater of your Account
Value, your total Purchase
Payments adjusted for any
withdrawals, or your Step-
Up Value |
Optional |
0.20% of
average daily
net asset value
of each
Investment
Portfolio |
0.20% of
average daily
net asset value
of each
Investment
Portfolio |
•Must be 79 or younger at
the effective date of your
contract •Withdrawals may proportionately reduce the benefit, and such reductions could be significant |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Guaranteed
Minimum
Income
Benefit Plus
I (GMIB Plus
I) |
Provides a specified
guaranteed level of minimum
fixed Annuity Payments
during the Income Phase
regardless of investment
performance |
Optional |
1.50% of the
Income Base |
0.95%% of
the Income
Base |
•No longer available •You may not have this benefit and another living benefit rider in effect at the same time •Certain withdrawals could
significantly reduce or
even terminate the benefit •Benefit subject to Investment Portfolio allocation restrictions •Benefit may be exercised after a 10-year waiting period and then only within 30 days following a contract anniversary •Benefit must be exercised no later than the 30-day period following the contract anniversary prior to the Owner’s 91st birthday •Exercising option to reset
the Annual Increase
Amont to Account Value
will restart the 10-year
waiting periodercising
option to reset the Annual
Increase Amont to
Account Value will restart
the 10-year waiting period •Additional restrictions on Purchase Payments may apply •Guaranteed Principal
Option may be exercised
on each contract
anniversary starting the
the 10th contract
anniversary through the
contract anniversary prior
to the Owner’s 91st
birthday •Exercising the Guaranteed Principal Option terminates the benefit •Enhanced Payout Rates, which may be available upon exercise of the benefit, depend on your age at the time you took your first withdrawal and other circumstances |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Guaranteed
Minimum
Income
Benefit
(GMIB) |
Provides a specified
guaranteed level of minimum
fixed Annuity Payments
during the Income Phase
regardless of investment
performance |
Optional |
0.50% of the
Income Base |
0.50% of the
Income Base |
•No longer available •You may not have this benefit and another living benefit rider in effect at the same time •Certain withdrawals could significantly reduce or even terminate the benefit •Benefit may be exercised after a 10-year waiting period and then only within 30 days following a contract anniversary •Benefit must be exercised no later than the 30-day period following the contract anniversary prior to the Owner’s 85th birthday •Additional restrictions on
Purchase Payments may
apply |
Lifetime
Withdrawal
Guarantee II
(LWG II) |
Guarantees income for life,
or at least the entire amount
of Purchase Payments you
make will be returned to you
through a series of
withdrawals regardless of
investment performance |
Optional |
1.60% of the
Total
Guaranteed
Withdrawal
Amount for
single life
version
1.80% of the
Total
Guaranteed
Withdrawal
Amount for
joint life
version |
1.25% of the
Total
Guaranteed
Withdrawal
Amount for
single life
version
1.50% of the
Total
Guaranteed
Withdrawal
Amount for
joint life
version |
•No longer available •Guarantees income for life, subject to conditions, provided your first withdrawal is on or after the date you reach age 59 1∕2 •You may elect to cancel the rider on the contract anniversary every five Contract Years for the first 15 Contract Years and annually thereafter •Benefit subject to Investment Portfolio allocation restrictions •Additional restrictions on Purchase Payments may apply •Certain withdrawals could
significantly reduce or
even terminate the benefit |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Lifetime
Withdrawal
Guarantee I
(LWG I) |
Guarantees income for life,
or at least the entire amount
of Purchase Payments you
make will be returned to you
through a series of
withdrawals regardless of
investment performance |
Optional |
0.95% of the
Total
Guaranteed
Withdrawal
Amount for
single life
version
1.40% of the
Total
Guaranteed
Withdrawal
Amount for
joint life
version |
0.50% of the
Total
Guaranteed
Withdrawal
Amount for
single life
version
0.70% of the
Total
Guaranteed
Withdrawal
Amount for
joint life
version |
•No longer available •Guarantees income for life, subject to conditions, provided your first withdrawal is on or after the date you reach age 59 1∕2 •You may elect to cancel the rider on the contract anniversary every five Contract Years for the first 15 Contract Years and annually thereafter •Benefit subject to Investment Portfolio allocation restrictions •Additional restrictions on Purchase Payments may apply •Certain withdrawals could
significantly reduce or
even terminate the benefit |
Enhanced
Guaranteed
Withdrawal
Benefit
(Enhanced
GWB) |
Guarantees that at least the
entire amount of Purchase
Payments you make will be
returned to you through a
series of withdrawals
regardless of investment
performance |
Optional |
1.00% of the
Guaranteed
Withdrawal
Amount |
0.55% of the
Guaranteed
Withdrawal
Amount |
•No longer available •You may elect to cancel the rider during the 90-day period following your fifth Contract Year •Certain withdrawals could significantly reduce or even terminate the benefit •Additional restrictions on Purchase Payments may apply •You may elect the
Optional Reset feature at
any contract anniversary
prior to your
86th birthday |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Guaranteed
Withdrawal
Benefit I
(GWB I) |
Guarantees that at least the
entire amount of Purchase
Payments you make will be
returned to you through a
series of withdrawals
regardless of investment
performance |
Optional |
0.95% of the
Guaranteed
Withdrawal
Amount |
0.50% of the
Guaranteed
Withdrawal
Amount |
•No longer available •Certain withdrawals could significantly reduce or even terminate the benefit •Additional restrictions on Purchase Payments may apply •Starting with the third
contract anniversary, you
may elect the Optional
Reset feature once every
contract anniversary prior
to the 86th birthday of the
Owner provided that it has
been at least three contract
anniversaries since the last
reset |
Guaranteed
Minimum
Accumulation
Benefit
(GMAB) |
Guarantees that at least the
entire amount of Purchase
Payments you make will be
returned to you through a
series of withdrawals
regardless of investment
performance |
Optional |
0.75% of the
Guaranteed
Accumulation
Amount |
0.75% of the
Guaranteed
Accumulation
Amount |
•No longer available •Benefit subject to Investment Portfolio allocation restrictions •No transfers are permitted while this benefit is in effect •Additional restrictions on
Purchase Payments may
apply •You may not have this benefit and benefit rider in effect at the same time •Withdrawals may proportionately reduce the Guaranteed Accumulation Amount, and such reductions could be significant •You have a one-time right to cancel this benefit on your fifth contract anniversary |
If you… |
Your “Applicable
Age” is.. |
When born on or before June 30,
1949 |
70 1∕2 |
When born on or after July 1,
1949 (and attain age 72 prior to
January 1, 2023) |
72 |
Attain age 72 on or after
January 1, 2023 (and attain
age 73 on or before December 31,
2032) |
73* |
Attain age 74 on or after
January 1, 2033 |
75* |
*If you were born in 1959, you should consult your tax adviser regarding your “Applicable Age,” because it is not clear under the SECURE 2.0 Act whether your Applicable Age is age 73 or age 75. |
Death Claims |
P.O. Box 4330
Clinton, IA 52733-4330
Fax: (877) 245-8163 |
Annuity Payments/Income |
|
• Requests to receive regular income payments (referred to as Annuity Payments) |
P.O. Box 4365 Clinton, IA 52733-4365 Telephone: (800) 882-1292 Fax: (877) 246-8424 |
• Death Claims for Contracts receiving Annuity Payments |
P.O. Box 4364 Clinton, IA 52733-4364 Telephone: (800) 882-1292 Fax: (877) 245-8163 |
• General requests and elections for Contracts receiving Annuity Payments |
P.O. Box 4363
Clinton, IA 52733-4363
Telephone: (800) 882-1292
Fax: (877) 246-8424 |
All other requests and elections, including subsequent
Purchase Payments, and general inquiries |
P.O. Box 4301 Clinton, IA 52733-4301 Telephone: (888) 243-1932 Fax: (877) 246-8424 |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks capital appreciation and
current income. |
AB Global Dynamic Allocation
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: AllianceBernstein
L.P. |
0.90% |
11.64% |
3.99% |
3.70% |
Seeks long-term capital appreciation. |
Allspring Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Allspring Global
Investments, LLC |
0.98% |
9.02% |
13.21% |
7.60% |
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
American Funds® Balanced
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.96% |
16.49% |
8.48% |
6.67% |
Seeks growth of capital. |
American Funds® Growth
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.99% |
20.27% |
10.43% |
8.01% |
Seeks to achieve growth of capital. |
American Funds® Growth
Portfolio — Class C
Brighthouse Investment Advisers,
LLC; Capital Research and
Management CompanySM |
0.92% |
37.99% |
18.29% |
13.99% |
Seeks a high total return in the form
of income and growth of capital,
with a greater emphasis on income. |
American Funds® Moderate
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.94% |
12.91% |
6.76% |
5.49% |
Seeks capital appreciation and
current income. |
BlackRock Global Tactical Strategies
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: BlackRock Financial
Management, Inc. |
0.93% |
13.32% |
4.89% |
3.97% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks to maximize total return,
consistent with income generation
and prudent investment
management. |
BlackRock High Yield
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Financial
Management, Inc. |
0.90% |
13.07% |
5.66% |
4.53% |
Seeks growth of capital. |
Brighthouse Asset Allocation 100
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.99% |
20.81% |
11.55% |
7.92% |
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
Brighthouse Balanced Plus
Portfolio — Class B* Brighthouse Investment Advisers, LLC Subadviser: Overlay Portion:
Pacific Investment Management Company
LLC |
0.97% |
9.24% |
5.01% |
4.78% |
Seeks long-term capital appreciation. |
Brighthouse Small Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Delaware Investments
Fund Advisers, a series of Macquarie
Investment Management Business
Trust, and Allspring Global
Investments, LLC |
1.12% |
13.95% |
10.81% |
7.17% |
Seeks capital appreciation. |
Brighthouse/abrdn Emerging
Markets Equity
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: abrdn Investments
Limited |
1.21% |
6.47% |
2.88% |
1.30% |
Seeks a high level of current income. |
Brighthouse/Eaton Vance Floating
Rate Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Eaton Vance Management |
0.95% |
10.79% |
4.27% |
3.41% |
Seeks a high level of current income,
while seeking preservation of
shareholders’ capital. |
Brighthouse/Franklin Low Duration
Total Return Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Franklin Advisers,
Inc. |
0.73% |
5.59% |
1.51% |
1.29% |
Seeks current income with capital
appreciation and growth of income. |
Brighthouse/Templeton International
Bond Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Franklin Advisers, Inc. |
0.97% |
3.51% |
-2.25% |
-1.24% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks total return through
investment in real estate securities,
emphasizing both capital
appreciation and current income. |
CBRE Global Real Estate
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: CBRE Investment
Management Listed Real Assets
LLC |
0.90% |
12.73% |
6.15% |
4.38% |
Seeks long-term capital appreciation. |
Harris Oakmark International
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Harris Associates
L.P. |
0.98% |
18.95% |
7.24% |
3.19% |
Seeks total return. |
Invesco Balanced-Risk Allocation
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
0.94% |
6.44% |
5.36% |
4.21% |
Seeks capital growth and income. |
Invesco Comstock
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
0.81% |
12.21% |
13.33% |
8.86% |
Seeks long-term growth of capital. |
Invesco Small Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
1.06% |
11.90% |
8.64% |
7.39% |
Seeks to maximize total return. |
JPMorgan Core Bond
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: J.P. Morgan
Investment Management Inc.
|
0.70% |
5.71% |
1.17% |
1.69% |
Seeks capital appreciation and
current income. |
JPMorgan Global Active Allocation
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: J.P. Morgan
Investment Management Inc.
|
0.98% |
10.51% |
5.56% |
4.66% |
Seeks high total investment return
through a combination of capital
appreciation and income. |
Loomis Sayles Global Allocation
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Loomis, Sayles &
Company, L.P. |
1.04% |
22.20% |
9.41% |
7.19% |
Seeks long-term growth of capital. |
Loomis Sayles Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Loomis, Sayles &
Company, L.P. |
0.80% |
51.73% |
16.12% |
10.53% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks a balance between growth of
capital and current income, with a
greater emphasis on growth of
capital. |
MetLife Multi-Index Targeted Risk
Portfolio — Class B* Brighthouse Investment Advisers, LLC Subadviser: Overlay Portion:
MetLife Investment Management,
LLC |
0.66% |
13.82% |
5.03% |
4.44% |
Seeks capital appreciation. |
MFS® Research International
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Massachusetts
Financial Services Company
|
0.90% |
12.82% |
8.54% |
4.17% |
Seeks total return. |
PanAgora Global Diversified Risk
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: PanAgora Asset
Management, Inc. |
0.98% |
4.71% |
2.47% |
— |
Seeks maximum real return,
consistent with preservation of
capital and prudent investment
management. |
PIMCO Inflation Protected Bond
Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Pacific Investment Management Company LLC |
0.93% |
3.59% |
3.05% |
2.08% |
Seeks maximum total return,
consistent with the preservation of
capital and prudent investment
management. |
PIMCO Total Return
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Pacific Investment
Management Company LLC
|
0.80% |
6.05% |
1.01% |
1.60% |
Seeks capital appreciation and
current income. |
Schroders Global Multi-Asset
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: Schroder Investment
Management North America
Inc. |
0.95% |
15.02% |
4.88% |
4.02% |
Seeks growth of capital and income. |
SSGA Growth and Income ETF
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC Subadviser: SSGA Funds
Management, Inc. |
0.77% |
13.97% |
7.51% |
5.49% |
Seeks growth of capital. |
SSGA Growth ETF
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC Subadviser: SSGA Funds
Management, Inc. |
0.80% |
15.75% |
9.20% |
6.43% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks long-term capital appreciation
by investing in common stocks
believed to be undervalued. Income
is a secondary objective. |
T. Rowe Price Large Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc. |
0.78% |
9.64% |
11.26% |
8.66% |
Seeks long-term growth of capital. |
T. Rowe Price Mid Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc.
Sub-Subadviser: T. Rowe Price
Investment Management, Inc. |
0.95% |
19.84% |
11.63% |
10.45% |
Seeks high total return by investing
in equity securities of mid-sized
companies. |
Victory Sycamore Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Victory Capital
Management Inc. |
0.85% |
9.94% |
14.38% |
8.30% |
Seeks a high level of current income,
consistent with preservation of
principal. |
Western Asset Management
Government Income
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.72% |
4.39% |
0.21% |
1.26% |
Seeks long-term growth of capital. |
Baillie Gifford International Stock
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Baillie Gifford
Overseas Limited |
1.00% |
18.36% |
6.88% |
4.46% |
Seeks a high level of current income
consistent with prudent investment
risk and preservation of capital. |
BlackRock Ultra-Short Term Bond
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Advisors,
LLC |
0.61% |
4.80% |
1.50% |
0.98% |
Seeks a high level of current income,
with growth of capital as a
secondary objective. |
Brighthouse Asset Allocation 20
Portfolio — Class B#‡ Brighthouse Investment Advisers, LLC |
0.89% |
7.83% |
3.62% |
3.05% |
Seeks high total return in the form of
income and growth of capital, with a
greater emphasis on income. |
Brighthouse Asset Allocation 40
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.89% |
10.52% |
5.60% |
4.34% |
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
Brighthouse Asset Allocation 60
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.91% |
13.59% |
7.72% |
5.67% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks growth of capital. |
Brighthouse Asset Allocation 80
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.94% |
17.30% |
9.75% |
6.91% |
Seeks long-term capital growth. |
Brighthouse/Artisan Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Artisan Partners
Limited Partnership |
1.02% |
18.24% |
11.28% |
6.48% |
Seeks long-term capital appreciation. |
Brighthouse/Dimensional
International Small Company
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Dimensional Fund
Advisors LP |
1.05% |
13.52% |
7.32% |
4.42% |
Seeks to provide a growing stream of
income over time and, secondarily,
long-term capital appreciation and
current income. |
Brighthouse/Wellington Core Equity
Opportunities Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Wellington
Management Company LLP
|
0.86% |
7.38% |
12.84% |
10.08% |
Seeks to provide a growing stream of
income over time and, secondarily,
long-term capital appreciation and
current income. |
Brighthouse/Wellington Core Equity
Opportunities Portfolio — Class E†† Brighthouse Investment Advisers, LLC Subadviser: Wellington
Management Company LLP
|
0.76% |
7.49% |
12.95% |
10.19% |
Seeks maximum capital
appreciation. |
Frontier Mid Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Frontier Capital
Management Company, LLC
|
0.96% |
17.73% |
10.99% |
9.01% |
Seeks long-term growth of capital. |
Jennison Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Jennison Associates
LLC |
0.80% |
52.86% |
17.69% |
14.03% |
Seeks to track the performance of
the Bloomberg U.S. Aggregate Bond
Index. |
MetLife Aggregate Bond Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.58% |
4.90% |
0.57% |
1.27% |
Seeks to track the performance of
the Standard & Poor’s MidCap
400® Composite Stock Price
Index. |
MetLife Mid Cap Stock Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.61% |
15.76% |
12.00% |
8.68% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks to track the performance of
the MSCI EAFE® Index. |
MetLife MSCI EAFE® Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.69% |
17.58% |
7.67% |
3.75% |
Seeks to track the performance of
the Russell 2000® Index. |
MetLife Russell 2000® Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.62% |
16.47% |
9.57% |
6.84% |
Seeks to track the performance of
the Standard & Poor’s 500®
Composite Stock Price Index. |
MetLife Stock Index
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: MetLife Investment
Management, LLC |
0.51% |
25.63% |
15.10% |
11.47% |
Seeks capital appreciation. |
MFS® Value Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Massachusetts
Financial Services Company
|
0.83% |
7.85% |
11.27% |
8.51% |
Seeks high total return, consisting
principally of capital appreciation. |
Neuberger Berman Genesis
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Neuberger Berman
Investment Advisers LLC
|
1.05% |
15.20% |
12.13% |
8.48% |
Seeks long-term growth of capital. |
T. Rowe Price Large Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc. |
0.82% |
46.53% |
13.23% |
11.60% |
Seeks long-term capital appreciation
with income as a secondary
consideration. |
VanEck Global Natural Resources
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Van Eck Associates
Corporation |
1.03% |
-3.64% |
10.92% |
-0.72% |
Seeks to maximize total return
consistent with preservation of
capital. |
Western Asset Management Strategic
Bond Opportunities
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.81% |
9.22% |
2.54% |
2.76% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks to maximize total return
consistent with preservation of
capital. |
Western Asset Management Strategic
Bond Opportunities
Portfolio — Class E†† Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.71% |
9.30% |
2.65% |
2.87% |
Seeks to maximize total return
consistent with preservation of
capital and maintenance of liquidity. |
Western Asset Management
U.S. Government
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.75% |
4.59% |
0.70% |
0.98% |
Optional Benefit |
GMIB Plus I* |
GMIB |
Lifetime Withdrawal Guarantee II* (LWG
II) |
Life Withdrawal Guarantee I (LWG
I) |
Guaranteed Minimum Accumulation Benefit Rider*
(GMAB) |
AB Global Dynamic Allocation Portfolio |
American Funds® Balanced Allocation Portfolio |
American Funds® Growth Allocation Portfolio |
American Funds® Moderate Allocation Portfolio |
BlackRock Global Tactical Strategies Portfolio |
BlackRock Ultra-Short Term Bond Portfolio |
Brighthouse Asset Allocation 20 Portfolio |
Brighthouse Asset Allocation 40 Portfolio |
Brighthouse Asset Allocation 60 Portfolio |
Brighthouse Asset Allocation 80 Portfolio |
Brighthouse Balanced Plus Portfolio |
Invesco Balanced-Risk Allocation Portfolio |
JPMorgan Global Active Allocation Portfolio |
MetLife Multi-Index Targeted Risk Portfolio |
PanAgora Global Diversified Risk Portfolio |
Schroders Global Multi-Asset Portfolio |
SSGA Growth and Income ETF Portfolio |
SSGA Growth ETF Portfolio |
Platform 1 |
Platform 2 |
A minimum of 30% of
Purchase Payments or
|
A maximum of 70% of
Purchase Payments or
|
BlackRock Ultra-Short Term Bond Portfolio |
AB Global Dynamic Allocation Portfolio |
Brighthouse/Franklin Low Duration Total Return Portfolio
|
American Funds® Balanced Allocation
Portfolio |
JPMorgan Core Bond Portfolio |
American Funds® Growth Allocation
Portfolio |
MetLife Aggregate Bond Index Portfolio |
American Funds® Growth Portfolio
|
PIMCO Inflation Protected Bond Portfolio |
American Funds® Moderate Allocation
Portfolio |
PIMCO Total Return Portfolio |
Baillie Gifford International Stock Portfolio |
Western Asset Management Government Income Portfolio |
BlackRock Global Tactical Strategies Portfolio |
Western Asset Management U.S. Government Portfolio |
BlackRock High Yield Portfolio |
|
Brighthouse Asset Allocation 100 Portfolio |
|
Brighthouse Asset Allocation 20 Portfolio |
|
Brighthouse Asset Allocation 40 Portfolio |
|
Brighthouse Asset Allocation 60 Portfolio |
|
Brighthouse Asset Allocation 80 Portfolio |
|
Brighthouse Balanced Plus Portfolio |
|
Brighthouse/Wellington Core Equity Opportunities
Portfolio |
|
Harris Oakmark International Portfolio |
|
Invesco Balanced-Risk Allocation Portfolio |
|
Invesco Comstock Portfolio |
|
Jennison Growth Portfolio |
|
JPMorgan Global Active Allocation Portfolio |
|
Loomis Sayles Global Allocation Portfolio |
|
Loomis Sayles Growth Portfolio |
|
MetLife MSCI EAFE® Index Portfolio
|
|
MetLife Multi-Index Targeted Risk Portfolio |
|
MetLife Stock Index Portfolio |
|
MFS® Research International
Portfolio |
|
MFS® Value Portfolio
|
|
PanAgora Global Diversified Risk Portfolio |
|
Schroders Global Multi-Asset Portfolio |
|
SSGA Growth and Income ETF Portfolio |
|
SSGA Growth ETF Portfolio |
|
T. Rowe Price Large Cap Growth Portfolio |
|
T. Rowe Price Large Cap Value Portfolio |
|
Western Asset Management Strategic Bond Opportunities Portfolio |
Platform 3 |
Platform 4 |
A maximum of 15% of
Purchase Payments or
|
A maximum of 15% of
Purchase Payments or
|
Allspring Mid Cap Value Portfolio |
Brighthouse Small Cap Value Portfolio |
Brighthouse/Artisan Mid Cap Value Portfolio |
Brighthouse/abrdn Emerging Markets Equity Portfolio |
Platform 3 |
Platform 4 |
A maximum of 15% of Purchase Payments or
Account Value |
A maximum of 15% of Purchase Payments or
Account Value |
Frontier Mid Cap Growth Portfolio |
Brighthouse/Dimensional International Small Company
Portfolio |
MetLife Mid Cap Stock Index Portfolio |
Brighthouse/Eaton Vance Floating Rate Portfolio |
T. Rowe Price Mid Cap Growth Portfolio |
Brighthouse/Templeton International Bond Portfolio |
Victory Sycamore Mid Cap Value Portfolio |
CBRE Global Real Estate Portfolio |
|
Invesco Small Cap Growth Portfolio |
|
MetLife Russell 2000® Index Portfolio
|
|
Neuberger Berman Genesis Portfolio |
|
VanEck Global Natural Resources Portfolio |
AB Global Dynamic Allocation Portfolio |
American Funds® Balanced Allocation Portfolio |
American Funds® Growth Allocation Portfolio |
American Funds® Moderate Allocation Portfolio |
BlackRock Global Tactical Strategies Portfolio |
BlackRock Ultra-Short Term Bond Portfolio |
Brighthouse Asset Allocation 20 Portfolio |
Brighthouse Asset Allocation 40 Portfolio |
Brighthouse Asset Allocation 60 Portfolio |
Brighthouse Asset Allocation 80 Portfolio |
Brighthouse Balanced Plus Portfolio |
Invesco Balanced-Risk Allocation Portfolio |
JPMorgan Global Active Allocation Portfolio |
MetLife Aggregate Bond Index Portfolio |
MetLife Multi-Index Targeted Risk Portfolio |
PanAgora Global Diversified Risk Portfolio |
Schroders Global Multi-Asset Portfolio |
SSGA Growth and Income ETF Portfolio |
SSGA Growth ETF Portfolio |
Western Asset Management Government Income Portfolio |
Brighthouse Asset Allocation 40 Portfolio |
Brighthouse Asset Allocation 60 Portfolio |
|
|
|
|
Account Values | |
Beg of Month |
Amount Allocated to EDCA |
Actual EDCA Transfer |
EDCA Account Value |
1st Payment Bucket |
2nd Payment Bucket |
1 |
$12,000 |
$2,000 |
$10,000 |
$10,000 |
|
2 |
|
$2,000 |
$8,025 |
$8,025 |
|
3 |
|
$2,000 |
$6,044 |
$6,044 |
|
|
|
|
|
Account Values | |
Beg of Month |
Amount Allocated to EDCA |
Actual EDCA Transfer |
EDCA Account Value |
1st Payment Bucket |
2nd Payment Bucket |
4* |
$6,000 |
$3,000 |
$9,059 |
$3,059 |
$6,000 |
5 |
|
$3,000 |
$6,082 |
$67 |
$6,015 |
6 |
|
$3,000 |
$3,097 |
0 |
$3,097 |
7 |
|
$3,000 |
$104 |
0 |
$104 |
8 |
|
$105 |
0 |
0 |
0 |
|
|
|
|
Account Values | |
Beg of Month |
Amount Allocated to EDCA |
Actual EDCA Transfer |
EDCA Account Value |
1st Payment Bucket |
2nd Payment Bucket |
1 |
$24,000 |
$2,000 |
$22,000 |
$22,000 |
|
2 |
|
$2,000 |
$20,054 |
$20,054 |
|
3 |
|
$2,000 |
$18,104 |
$18,104 |
|
4 |
|
$2,000 |
$16,148 |
$16,148 |
|
5 |
|
$2,000 |
$14,188 |
$14,188 |
|
6* |
$12,000 |
$3,000 |
$23,223 |
$11,223 |
$12,000 |
7 |
|
$3,000 |
$20,280 |
$8,251 |
$12,030 |
8 |
|
$3,000 |
$17,330 |
$5,271 |
$12,059 |
9 |
|
$3,000 |
$14,373 |
$2,284 |
$12,089 |
10 |
|
$3,000 |
$11,409 |
0 |
$11,409 |
11 |
|
$3,000 |
$8,437 |
0 |
$8,437 |
12 |
|
$3,000 |
$5,458 |
0 |
$5,458 |
13 |
|
$3,000 |
$2,471 |
0 |
$2,471 |
14 |
|
$2,477 |
0 |
0 |
0 |
|
|
Date |
Amount |
A |
Initial Purchase Payment |
10/1/2024 |
$100,000 |
B |
Account Value |
10/1/2025
(First Contract Anniversary) |
$104,000 |
C |
Death Benefit |
As of 10/1/2025 |
$104,000
(= greater of A and B) |
D |
Account Value |
10/1/2026
(Second Contract Anniversary) |
$90,000 |
E |
Death Benefit |
10/1/2026 |
$100,000
(= greater of A and D) |
F |
Withdrawal |
10/2/2026 |
$9,000 |
G |
Percentage Reduction in Account
Value |
10/2/2026 |
10%
(= F/D) |
H |
Account Value after Withdrawal |
10/2/2026 |
$81,000
(= D-F) |
I |
Purchase Payments Reduced for
Withdrawal |
As of 10/2/2026 |
$90,000
(= A-(A × G)) |
J |
Death Benefit |
10/2/2026 |
$90,000 (=
greater of H and I) |
|
|
Date |
Amount |
A |
Initial Purchase Payment |
10/1/2024 |
$100,000 |
B |
Account Value |
10/1/2025
(First Contract Anniversary) |
$104,000 |
C |
Death Benefit (Highest Anniversary
Value) |
As of 10/1/2025 |
$104,000
(= greater of A and B) |
D |
Account Value |
10/1/2026
(Second Contract Anniversary) |
$90,000 |
E |
Death Benefit (Highest Contract Year
Anniversary) |
10/1/2026 |
$104,000
(= greater of B and D) |
F |
Withdrawal |
10/2/2026 |
$9,000 |
G |
Percentage Reduction in Account
Value |
10/2/2026 |
10%
(= F/D) |
H |
Account Value after Withdrawal |
10/2/2026 |
$81,000
(= D-F) |
I |
Highest Anniversary Value Reduced
for Withdrawal |
As of 10/2/2026 |
$93,600
(= E-(E × G)) |
J |
Death Benefit |
10/2/2026 |
$93,600 (=
greater of H and I) |
4 |
|
5 | |
9 |
|
10 | |
15 |
|
17 | |
17 |
|
17 | |
18 |
|
18 | |
19 |
|
22 | |
22 |
|
22 | |
22 |
|
23 | |
24 |
|
27 | |
29 |
|
29 | |
29 |
|
29 | |
30 |
|
30 | |
30 |
|
30 | |
30 |
|
30 | |
30 |
|
31 | |
33 |
|
33 | |
34 |
|
35 | |
35 |
|
35 | |
35 |
|
35 | |
35 |
|
36 | |
37 |
|
38 | |
39 |
39 |
|
40 | |
40 |
|
42 | |
50 |
|
50 | |
50 |
|
52 | |
59 |
|
65 | |
66 |
|
67 | |
68 |
|
75 | |
76 |
|
80 | |
82 |
|
82 | |
82 |
|
83 | |
83 |
|
84 | |
85 |
|
85 | |
85 |
|
85 | |
86 |
|
89 | |
96 |
|
96 | |
96 |
|
97 | |
97 |
|
98 | |
100 |
|
101 | |
101 |
|
A-1 | |
A-1 | |
B-1 | |
B-1 | |
C-1 | |
C-1 | |
D-1 | |
D-1 |
|
Fees and Expenses |
Location in
Prospectus | |||
Charges for Early
Withdrawals |
If you withdraw money during the first 4 full
Contract Years following a
premium payment, you may be assessed a withdrawal charge of up to 7% of
the premium withdrawn, declining to 0% over that time
period. For example, if you make an early withdrawal, you
could pay a withdrawal charge of up to $7,000 on a
$100,000 investment. |
Fee Table and
Examples
Expenses –
Withdrawal
Charge | |||
Transaction
Charges |
In addition to withdrawal charges, you also may be charged for the
following transactions: transfers of cash value between
investment options, which include the
Investment Portfolios and the
Fixed Account.
Transfer Fee. Currently, we allow unlimited transfers among the investment options without charge. However, we reserve the right to charge for transfers
after the first 12 transfers per year. |
Fee Table and Examples Expenses – Transfer Fee |
|
Fees and Expenses |
Location in
Prospectus | |||
Ongoing Fees and
Expenses (annual charges) |
The table below describes the fees and expenses that you may pay
each year,
depending on the options you choose. Please refer to your Contract
specifications page for information about the specific
fees you will pay each year based on the options you have
elected. |
Fee Table and
Examples
Expenses –
Product
Charges
Appendix A:
Available
Under the
Contract | |||
Annual Fee |
Minimum |
Maximum | |||
Base Contract1 |
1.62% |
1.62% | |||
Investment options
(Portfolio Company fees and
expenses)2 |
0.53% |
1.31% | |||
Optional benefits available for
an additional charge (for a
single optional benefit, if
elected) |
0.20%3 |
1.50%4 | |||
1 As a percentage of average Account Value in the
Separate Account. The charge shown also
includes the Account Fee.
2 As a percentage of fund assets before temporary expense reimbursements and/or fee waivers.
3 As a percentage of average Account Value in the
Separate Account. This charge is the current
charge for the least expensive optional benefit.
4 As a percentage of the Total Guaranteed Withdrawal Amount, which is a value used to
calculate your benefit. This charge is the current charge
for the most expensive optional benefit. | |||||
Because your Contract is customizable, the choices you make affect how
much you will pay. To help you understand the cost of
owning your Contract, the following table shows the
lowest and highest cost you could pay each year, based on
current charges. This estimate assumes that you do not
take withdrawals from the Contract, which could add withdrawal
charges that substantially increase costs. | |||||
Lowest Annual Cost
$1,946 |
Highest Annual Cost
$5,708 | ||||
Assumes: |
Assumes: | ||||
•Investment of $100,000 •5% annual appreciation •Least expensive Portfolio Company fees and expenses •No optional benefits •No additional purchase payments,
transfers, or withdrawals |
•Investment of $100,000 •5% annual appreciation •Most expensive combination of optional benefits and Portfolio Company fees and expenses | ||||
|
Risks |
| |||
Risk of Loss |
You can lose money by investing in this Contract including loss of
principal. |
Principal Risks | |||
Not a Short-Term
Investment |
This Contract is not a short-term investment and is not appropriate for
an investor who needs ready access to cash.
Withdrawal charges may apply for the first 4 years of the
Contract. Withdrawal charges will reduce the value of your Contract if you withdraw
money during that time.
The benefits of tax deferral and living benefit protection also mean
the Contract is more beneficial to investors with a long
time horizon. |
Principal Risks |
|
Risks |
Location in
Prospectus | |||
Risks Associated
with Investment
Options |
•An investment in this Contract is subject to the risk of poor investment
performance and can vary depending on the performance of the investment
options available under the Contract (e.g., Portfolio
Companies). •Each investment option, including the
Fixed Account, has its own unique
risks. •You should review the prospectuses for the available funds and the
prospectus disclosure concerning the
Fixed Account before making an
investment decision. |
Principal Risks | |||
Insurance
Company Risks |
An investment in the Contract is subject to the risks related to us.
Any obligations (including under the
Fixed Account), and guarantees and benefits
of the Contract that exceed the assets of the
Separate Account are subject to
our claims-paying ability. If we experience financial distress, we may
not be able to meet our obligations to you. More
information about Brighthouse, including our financial
strength ratings, is available by contacting us at (888)
243-1968. |
Principal Risks | |||
|
Restrictions |
| |||
Investments |
•Currently, we allow unlimited transfers without charge among investment
options during the
Accumulation Phase. However, we reserve the right to
impose a charge for transfers in excess of 12 per
year. •We reserve the right to limit transfers in circumstances of
frequent or large transfers. •We reserve the right to remove or substitute the Portfolio Companies
available as investment options under the Contract. |
Investment
Options | |||
Optional Benefits |
•Certain optional benefits limit or restrict the investment options that you
may select under the Contract. We may change these restrictions in the
future. •Certain optional benefits could limit subsequent Purchase Payments. •Withdrawals may reduce the value of an optional benefit by an amount
greater than the value withdrawn, which could significantly reduce the
value or even terminate the benefit. •We may stop offering an optional benefit at any time for new sales. |
Purchase –
Investment
Allocation
Restrictions for
Certain Riders
Living Benefits
Appendix B:
Investment
Available
Under the
Benefits
Offered Under
the Contract | |||
|
Taxes |
| |||
Tax Implications |
•Consult with a tax professional to determine the tax implications of an
investment in and payments received under this Contract.
•If you purchase the Contract through a tax-qualified plan or individual
retirement account, you do not get any additional tax
benefit. •You will generally not be taxed on increases in the value of
the Contract until they are withdrawn. Withdrawals will
be subject to ordinary income tax, and may be subject to
tax penalties if you take a withdrawal before age
59 1∕2. |
Federal
Income Tax
Status | |||
|
Conflicts of Interest |
| |||
Investment
Professional
Compensation |
Your investment professional may receive compensation for selling this
Contract to you, in the form of commissions, additional
cash benefits (e.g., bonuses), and non-cash compensation.
This conflict of interest may influence your investment
professional to recommend this Contract over another
investment for which the investment professional is not compensated or
compensated less. |
Other Information – Distributor |
|
Conflicts of Interest |
Location in
Prospectus | |||
Exchanges |
If you already own an insurance Contract, some investment professionals
may have a financial incentive to offer you a new
Contract in place of the one you own. You should only
exchange a Contract you already own if you determine,
after comparing the features, fees, and risks of both Contracts, that it is better for you to purchase the new Contract rather than continue to
own your existing Contract. |
Replacement of Contracts and Other Exchanges |
Withdrawal Charge (Note 1)
(as a percentage of
Purchase Payments) |
7% |
|
|
Transfer Fee (Note 2) |
$25
$0 (First 12 per year) |
|
Number of Complete Years from
Receipt of Purchase Payment
|
Withdrawal Charge
(% of Purchase Payment)
|
|
0 |
7 |
|
1 |
6 |
|
2 |
6 |
|
3 |
5 |
|
4 and thereafter |
0 |
Annual Contract Expenses |
|
Administrative Expenses (Note 1) |
$30 |
Base Contract Expenses (Note 2) |
1.60% |
(as a percentage of average Account Value) |
|
Optional Benefit Expenses (Note 3, Note 4)
|
|
Optional Death Benefit — Annual Step-Up (as a percentage of average Account Value) |
0.20% |
Guaranteed Minimum Income Benefit (GMIB) Rider Charges |
|
(as a percentage of the Income Base (Note 5)) |
|
GMIB Max I and GMIB Plus III — maximum charge |
1.50% |
GMIB Max I and GMIB Plus III — current charge |
1.00% |
GMIB Plus I — maximum charge |
1.50% |
GMIB Plus I — current charge |
0.95% |
GMIB I |
0.50% |
Lifetime Withdrawal Guarantee Rider Charges |
|
(as a percentage of the Total Guaranteed Withdrawal Amount(Note 6)) |
|
Lifetime Withdrawal Guarantee II |
|
Single Life version — maximum charge |
1.60% |
Single Life version — current charge |
1.25% |
Joint Life version — maximum charge |
1.80% |
Joint Life version — current charge |
1.50% |
Lifetime Withdrawal Guarantee I |
|
Single Life version — maximum charge |
0.95% |
Single Life version — current charge |
0.50% |
Joint Life version — maximum charge |
1.40% |
Joint Life version — current charge |
0.70% |
Guaranteed Withdrawal Benefit Rider Charges |
|
(as a percentage of the Guaranteed Withdrawal Amount (Note 7)) |
|
Enhanced Guaranteed Withdrawal Benefit — maximum charge |
1.00% |
Enhanced Guaranteed Withdrawal Benefit — current charge |
0.55% |
Guaranteed Withdrawal Benefit I — maximum charge |
0.95% |
Guaranteed Withdrawal Benefit I — current charge |
0.50% |
Guaranteed Minimum Accumulation Benefit Rider Charge |
|
(as a percentage of the Guaranteed Accumulation Amount (Note 8)) |
0.75% |
|
Minimum |
Maximum |
Total Annual Investment Portfolio Expenses |
|
|
(expenses that are deducted from Investment Portfolio assets, including
management fees, distribution and/or service (12b-1) fees, and other
expenses) |
0.53% |
1.31% |
Withdrawal Charge (Note 1)
(as a percentage of
Purchase Payments) |
7% |
|
|
Transfer Fee (Note 2) |
$25
$0 (First 12 per year) |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$11,910 |
$20,411 |
$25,498 |
$53,497 |
minimum |
$12,730 |
$23,054 |
$30,223 |
$64,701 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$4,910 |
$15,011 |
$25,498 |
$53,497 |
minimum |
$5,730 |
$17,654 |
$30,223 |
$64,701 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$9,910 |
$14,315 |
$15,173 |
$31,999 |
minimum |
$9,130 |
$11,976 |
$11,281 |
$24,275 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$2,910 |
$8,915 |
$15,173 |
$31,999 |
minimum |
$2,130 |
$6,576 |
$11,281 |
$24,275 |
Number of Complete Years from Receipt of Purchase Payment |
Withdrawal Charge (% of Purchase Payment) |
0 |
7 |
1 |
6 |
2 |
6 |
3 |
5 |
4 and thereafter |
0 |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions / Limitations |
Dollar Cost
Averaging
Program |
Allows you to systematically
transfer a set amount each
month from Investment
Portfolios to other available
Investment Portfolios |
Standard |
No Charge |
N/A |
•Available only during the Accumulation phase •Transfers only available from the BlackRock Ultra- Short Term Bond Portfolio •Not available with the GMIB Max I, GMIB Plus III, GMIB Plus I, LWG II, or GMAB rider |
Enhanced
Dollar Cost
Averaging
(EDCA)
Program |
Allows you to systematically
transfer amounts from the
EDCA account in the general
account, to any available
Investment Portfolio(s) you
select |
Standard |
No Charge |
N/A |
•Available only during the Accumulation phase •Generally only available for new Purchase Payments or portions thereof |
Three Month
Market
Entry
Program |
Allows you to systematically
transfer amounts from the
EDCA account in the general
account, to any available
Investment Portfolio(s) you
select, over a three months
period |
Standard |
No Charge |
N/A |
•Available only during the Accumulation phase •Transfers are limited to a three month duration |
Automatic
Rebalancing
Program |
Allows us to automatically
rebalance your Account
Value to return to your
original percentage
allocations |
Standard |
No Charge |
N/A |
•Available only during the Accumulation phase • •The Automatic Rebalancing Program is not available if you have selected the GMAB rider |
Systematic
Withdrawal
Program |
Allows you to set up an
automatic payment of up to
10% of your total Purchase
Payments each year |
Standard |
No Charge |
N/A |
•Each payment must be at least $100 (unless we consent otherwise) •In the first Contract Year, only monthly or quarterly payments are allowed |
Nursing
Home or
Hospital
Confinement
Rider |
Allows you to withdraw
Account Value without a
withdrawal charge |
Standard |
No Charge |
N/A |
•Must own contract for at
least one year •You or your joint owner must be confined for at least 90 days •Confinement must be prescribed by a physician and be medically necessary •Terminates on Annuity Date •Not available for owners
81 or older on the contract
issue date |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Terminal
Illness Rider |
Allows you to withdraw
Account Value without a
withdrawal charge |
Standard |
No Charge |
N/A |
•Must own contract for at least one year to incur no withdrawal charge •Must be terminally ill and not expected to live more than 12 months; a physician certifies to your illness and life expectancy; you were not diagnosed with the terminal illness as of the date we issued your contract; and you have been the Owner continuously since the contract was issued (or have become the Owner as the spousal Beneficiary who continues the contract) •Terminates on Annuity Date •Not available for owners
81 or older on the contract
issue date |
Standard
Death
Benefit –
Principal
Protection |
Pays a minimum death
benefit at least equal to the
greater of the Account Value
or total Purchase Payments
adjusted for any withdrawals |
Standard |
No Charge |
N/A |
•Withdrawals may proportionately reduce the benefit, and such reductions could be significant |
Annual
Step-Up
Death
Benefit |
Pays a death benefit equal to
the greater of your Account
Value, your total Purchase
Payments adjusted for any
withdrawals, or your Step
Up |
Optional |
0.20% of
average daily
net asset value
of each
Investment
Portfolio |
0.20% of
average daily
net asset value
of each
Investment
Portfolio |
•Must be 79 or younger at
the effective date of your
contract •Withdrawals may proportionately reduce the benefit, and such reductions could be significant |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Guaranteed
Minimum
Income
Benefit Max
I (GMIB Max
I) |
Provides a specified
guaranteed level of minimum
fixed Annuity Payments
during the Income Phase
regardless of investment
performance |
Optional |
1.50% of the
Income Base |
1.00% of the
Income Base |
•No longer available •You may not have this benefit and another living benefit rider in effect at the same time •Certain withdrawals could
significantly reduce or
terminate the benefit •Benefit subject to Investment Portfolio allocation restrictions •Benefit may be exercised after a 10-year waiting period and then only within 30 days following a contract anniversary prior to the Owner’s 91st birthday •Exercising option to reset
the Annual Increase
Amount to Account Value
will restart the 10-year
waiting period •Additional restrictions on Purchase Payments may apply •The Guaranteed Principal
Option may be exercised
on each contract
anniversary starting with
the 10th contract
anniversary through the
contract anniversary prior
to the Owner's 91st
birthday •Exercising the Guaranteed Principal Option terminates the benefit •Enhanced Payout Rates, which may be available upon exercise of the benefit, depend on your age at the time you took your first withdrawal and other circumstances |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Guaranteed
Minimum
Income
Benefit Plus
III (GMIB
Plus III) |
Provides a specified
guaranteed level of minimum
fixed Annuity Payments
during the Income Phase
regardless of investment
performance |
Optional |
1.50% of the
Income Base |
1.00% of the
Income Base |
•No longer available •You may not have this benefit and another living benefit rider in effect at the same time •Certain withdrawals could
significantly reduce or
even terminate the benefit
Benefit subject to
Investment Portfolio
allocation restrictions •Benefit may be exercised after a 10-year waiting period and then only within 30 days following a contract anniversary prior to the Owner’s 91st birthday •Exercising option to reset
the Annual Increase
Amount to Account Value
will restart the 10-year
waiting period •Additional restrictions on Purchase Payments may apply •Guaranteed Principal
Option may be exercised
on each contract
anniversary starting with
the 10th contract
anniversary through the
contract anniversary prior
to the Owner's 91
birthday •Exercising the Guaranteed Principal Option terminates the benefit •Enhanced Payout Rates, which may be available upon exercise of the benefit, depend on your age at the time you took your first withdrawal and other circumstances |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Guaranteed
Minimum
Income
Benefit Plus
I (GMIB Plus
I) |
Provides a specified
guaranteed level of minimum
fixed Annuity Payments
during the Income Phase
regardless of investment
performance |
Optional |
1.50% of the
Income Base |
0.95% of the
Income Base |
•No longer available •You may not have this benefit and another living benefit rider in effect at the same time •Certain withdrawals could
significantly reduce or
even terminate the benefit
Benefit subject to
Investment Portfolio
allocation restrictions •Benefit may be exercised after a 10-year waiting period and then only within 30 days following a contract anniversary prior to the Owner’s 91st birthday •Exercising option to reset
the Annual Increase
Amount to Account Value
will restart the 10-year
waiting period •Additional restrictions on Purchase Payments may apply •Guaranteed Principal
Option may be exercised
on each contract
anniversary starting with
the 10th contract
anniversary through the
contract anniversary prior
to the Owner's 91st
birthday •Exercising the Guaranteed Principal Option terminates the benefit •Enhanced Payout Rates, which may be available upon exercise of the benefit, depend on your age at the time you took your first withdrawal and other circumstances |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Guaranteed
Minimum
Income
Benefit I
(GMIB I) |
Provides a specified
guaranteed level of minimum
fixed Annuity Payments
during the Income Phase
regardless of investment
performance |
Optional |
0.50% of the
Income Base |
0.50% of the
Income Base |
•No longer available •You may not have this benefit and another living benefit rider in effect at the same time •Certain withdrawals could significantly reduce or even terminate the benefit Benefit subject to Investment Portfolio allocation restrictions •Benefit may be exercised after a 10-year waiting period and then only within 30 days following a contract anniversary prior to the Owner’s 85th birthday •Additional restrictions on
Purchase Payments may
apply •Enhanced Payout Rates, which may be available upon exercise of the benefit, depend on your age at the time you took your first withdrawal and other circumstances |
Lifetime
Withdrawal
Guarantee II
(LWG II) |
Guarantees income for life,
or at least the entire amount
of Purchase Payments you
make will be returned to you
through a series of
withdrawals regardless of
investment performance |
Optional |
1.60% of the
Total
Guaranteed
Withdrawal
Amount for
single life
version
1.80% of the
Total
Guaranteed
Withdrawal
Amount for
joint life
version |
1.25% of the
Total
Guaranteed
Withdrawal
Amount for
single life
version
1.50% of the
Total
Guaranteed
Withdrawal
Amount for
joint life
version |
•No longer available •Guarantees income for life, subject to conditions, provided your first withdrawal is on or after the date you reach age 59 1∕2 •You may elect to cancel the rider on the contract anniversary every five Contract Years for the first 15 Contract Years and annually thereafter •Benefit subject to Investment Portfolio allocation restrictions •Additional restrictions on Purchase Payments may apply •Certain withdrawals could
significantly reduce or
even terminate the benefit |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Lifetime
Withdrawal
Guarantee I
(LWG I) |
Guarantees income for life,
or at least the entire amount
of Purchase Payments you
make will be returned to you
through a series of
withdrawals regardless of
investment performance |
Optional |
0.95% of the
Total
Guaranteed
Withdrawal
Amount for
single life
version
1.40% of the
Total
Guaranteed
Withdrawal
Amount for
joint life
version |
0.50% of the
Total
Guaranteed
Withdrawal
Amount for
single life
version
0.70% of the
Total
Guaranteed
Withdrawal
Amount for
joint life
version |
•No longer available •Guarantees income for life, subject to conditions, provided your first withdrawal is on or after the date you reach age 59 1∕2 •You may elect to cancel the rider on the contract anniversary every five Contract Years for the first 15 Contract Years and annually thereafter •Benefit subject to Investment Portfolio allocation restrictions •Additional restrictions on Purchase Payments may apply •Certain withdrawals could
significantly reduce or
even terminate the benefit |
Enhanced
Guaranteed
Withdrawal
Benefit
(Enhanced
GWB) |
Guarantees that at least the
entire amount of Purchase
Payments you make will be
returned to you through a
series of withdrawals
regardless of investment
performance |
Optional |
1.00% of the
Guaranteed
Withdrawal
Amount |
0.55% of the
Guaranteed
Withdrawal
Amount |
•No longer available •You may elect to cancel the rider during the 90-day period following your fifth Contract Year •Certain withdrawals could significantly reduce or even terminate the benefit •Additional restrictions on Purchase Payments may apply •You may elect the
Optional Reset feature at
any contract anniversary
prior to your
86th birthday |
Name of
Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Current
Charges |
Brief Description of
Restrictions /
Limitations |
Guaranteed
Withdrawal
Benefit I
(GWB I) |
Guarantees that at least the
entire amount of Purchase
Payments you make will be
returned to you through a
series of withdrawals
regardless of investment
performance |
Optional |
0.95% of the
Guaranteed
Withdrawal
Amount |
0.50% of the
Guaranteed
Withdrawal
Amount |
•No longer available •Certain withdrawals could significantly reduce or even terminate the benefit •Additional restrictions on Purchase Payments may apply •Starting with the third
contract anniversary, you
may elect the Optional
Reset feature once every
contract anniversary prior
to the 86th birthday of the
Owner provided that it has
been at least three contract
anniversaries since the last
reset |
Guaranteed
Minimum
Accumulation
Benefit
(GMAB) |
Guarantees that at least the
entire amount of Purchase
Payments you make will be
returned to you through a
series of withdrawals
regardless of investment
performance |
Optional |
0.75% of the
Guaranteed
Accumulation
Amount |
0.75% of the
Guaranteed
Accumulation
Amount |
•No longer available •Benefit subject to Investment Portfolio allocation restrictions •No transfers are permitted while this benefit is in effect •Additional restrictions on
Purchase Payments may
apply •You may not have this benefit and benefit rider in effect at the same time •Withdrawals may proportionately reduce the Guaranteed Accumulation Amount, and such reductions could be significant •You have a one-time right to cancel this benefit on your fifth contract anniversary |
If you… |
Your ”Applicable
Age“ is.. |
When born on or before June 30,
1949 |
70 1∕2 |
When born on or after July 1,
1949 (and attain age 72 prior to
January 1, 2023) |
72 |
Attain age 72 on or after
January 1, 2023 (and attain
age 73 on or before December 31,
2032) |
73* |
Attain age 74 on or after
January 1, 2033 |
75* |
*If you were born in 1959, you should consult your tax adviser regarding your ”Applicable Age,“ because it is not clear under the SECURE 2.0 Act whether your Applicable Age is age 73 or age 75. |
Death Claims |
P.O. Box 4330
Clinton, IA 52733-4330
Fax: (877) 245-8163 |
Annuity Payments/Income |
|
• Requests to receive regular income payments (referred to as Annuity Payments) |
P.O. Box 4365 Clinton, IA 52733-4365 Telephone: (800) 882-1292 Fax: (877) 246-8424 |
• Death Claims for Contracts receiving Annuity Payments |
P.O. Box 4364 Clinton, IA 52733-4364 Telephone: (800) 882-1292 Fax: (877) 245-8163 |
• General requests and elections for Contracts receiving Annuity Payments |
P.O. Box 4363
Clinton, IA 52733-4363
Telephone: (800) 882-1292
Fax: (877) 246-8424 |
All other requests and elections, including subsequent
Purchase Payments, and general inquiries |
P.O. Box 4301 Clinton, IA 52733-4301 Telephone: (888) 243-1932 Fax: (877) 246-8424 |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks capital appreciation and
current income. |
AB Global Dynamic Allocation
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: AllianceBernstein
L.P. |
0.90% |
11.64% |
3.99% |
3.70% |
Seeks long-term capital appreciation. |
Allspring Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Allspring Global
Investments, LLC |
0.98% |
9.02% |
13.21% |
7.60% |
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
American Funds® Balanced
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.96% |
16.49% |
8.48% |
6.67% |
Seeks growth of capital. |
American Funds® Growth
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.99% |
20.27% |
10.43% |
8.01% |
Seeks to achieve growth of capital. |
American Funds® Growth
Portfolio — Class C
Brighthouse Investment Advisers,
LLC; Capital Research and
Management CompanySM |
0.92% |
37.99% |
18.29% |
13.99% |
Seeks a high total return in the form
of income and growth of capital,
with a greater emphasis on income. |
American Funds® Moderate
Allocation Portfolio — Class C‡ Brighthouse Investment Advisers, LLC |
0.94% |
12.91% |
6.76% |
5.49% |
Seeks capital appreciation and
current income. |
BlackRock Global Tactical Strategies
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: BlackRock Financial
Management, Inc. |
0.93% |
13.32% |
4.89% |
3.97% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks to maximize total return,
consistent with income generation
and prudent investment
management. |
BlackRock High Yield
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Financial
Management, Inc. |
0.90% |
13.07% |
5.66% |
4.53% |
Seeks growth of capital. |
Brighthouse Asset Allocation 100
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.99% |
20.81% |
11.55% |
7.92% |
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
Brighthouse Balanced Plus
Portfolio — Class B* Brighthouse Investment Advisers, LLC Subadviser: Overlay Portion:
Pacific Investment Management Company
LLC |
0.97% |
9.24% |
5.01% |
4.78% |
Seeks long-term capital appreciation. |
Brighthouse Small Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Delaware Investments
Fund Advisers, a series of Macquarie
Investment Management Business
Trust, and Allspring Global
Investments, LLC |
1.12% |
13.95% |
10.81% |
7.17% |
Seeks capital appreciation. |
Brighthouse/abrdn Emerging
Markets Equity
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: abrdn Investments
Limited |
1.21% |
6.47% |
2.88% |
1.30% |
Seeks a high level of current income. |
Brighthouse/Eaton Vance Floating
Rate Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Eaton Vance Management |
0.95% |
10.79% |
4.27% |
3.41% |
Seeks a high level of current income,
while seeking preservation of
shareholders’ capital. |
Brighthouse/Franklin Low Duration
Total Return Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Franklin Advisers,
Inc. |
0.73% |
5.59% |
1.51% |
1.29% |
Seeks current income with capital
appreciation and growth of income. |
Brighthouse/Templeton International
Bond Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Franklin Advisers, Inc. |
0.97% |
3.51% |
-2.25% |
-1.24% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks total return through
investment in real estate securities,
emphasizing both capital
appreciation and current income. |
CBRE Global Real Estate
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: CBRE Investment
Management Listed Real Assets
LLC |
0.90% |
12.73% |
6.15% |
4.38% |
Seeks long-term capital appreciation. |
Harris Oakmark International
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Harris Associates
L.P. |
0.98% |
18.95% |
7.24% |
3.19% |
Seeks total return. |
Invesco Balanced-Risk Allocation
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
0.94% |
6.44% |
5.36% |
4.21% |
Seeks capital growth and income. |
Invesco Comstock
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
0.81% |
12.21% |
13.33% |
8.86% |
Seeks long-term growth of capital. |
Invesco Small Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Invesco Advisers,
Inc. |
1.06% |
11.90% |
8.64% |
7.39% |
Seeks to maximize total return. |
JPMorgan Core Bond
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: J.P. Morgan
Investment Management Inc.
|
0.70% |
5.71% |
1.17% |
1.69% |
Seeks capital appreciation and
current income. |
JPMorgan Global Active Allocation
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: J.P. Morgan
Investment Management Inc.
|
0.98% |
10.51% |
5.56% |
4.66% |
Seeks high total investment return
through a combination of capital
appreciation and income. |
Loomis Sayles Global Allocation
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Loomis, Sayles &
Company, L.P. |
1.04% |
22.20% |
9.41% |
7.19% |
Seeks long-term growth of capital. |
Loomis Sayles Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Loomis, Sayles &
Company, L.P. |
0.80% |
51.73% |
16.12% |
10.53% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks a balance between growth of
capital and current income, with a
greater emphasis on growth of
capital. |
MetLife Multi-Index Targeted Risk
Portfolio — Class B* Brighthouse Investment Advisers, LLC Subadviser: Overlay Portion:
MetLife Investment Management,
LLC |
0.66% |
13.82% |
5.03% |
4.44% |
Seeks capital appreciation. |
MFS® Research International
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Massachusetts
Financial Services Company
|
0.90% |
12.82% |
8.54% |
4.17% |
Seeks total return. |
PanAgora Global Diversified Risk
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: PanAgora Asset
Management, Inc. |
0.98% |
4.71% |
2.47% |
— |
Seeks maximum real return,
consistent with preservation of
capital and prudent investment
management. |
PIMCO Inflation Protected Bond
Portfolio — Class B
Brighthouse Investment Advisers,
LLC
Subadviser: Pacific Investment Management Company LLC |
0.93% |
3.59% |
3.05% |
2.08% |
Seeks maximum total return,
consistent with the preservation of
capital and prudent investment
management. |
PIMCO Total Return
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Pacific Investment
Management Company LLC
|
0.80% |
6.05% |
1.01% |
1.60% |
Seeks capital appreciation and
current income. |
Schroders Global Multi-Asset
Portfolio — Class B#* Brighthouse Investment Advisers, LLC Subadviser: Schroder Investment
Management North America
Inc. |
0.95% |
15.02% |
4.88% |
4.02% |
Seeks growth of capital and income. |
SSGA Growth and Income ETF
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC Subadviser: SSGA Funds
Management, Inc. |
0.77% |
13.97% |
7.51% |
5.49% |
Seeks growth of capital. |
SSGA Growth ETF
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC Subadviser: SSGA Funds
Management, Inc. |
0.80% |
15.75% |
9.20% |
6.43% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks long-term capital appreciation
by investing in common stocks
believed to be undervalued. Income
is a secondary objective. |
T. Rowe Price Large Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc. |
0.78% |
9.64% |
11.26% |
8.66% |
Seeks long-term growth of capital. |
T. Rowe Price Mid Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc.
Sub-Subadviser: T. Rowe Price
Investment Management, Inc. |
0.95% |
19.84% |
11.63% |
10.45% |
Seeks high total return by investing
in equity securities of mid-sized
companies. |
Victory Sycamore Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Victory Capital
Management Inc. |
0.85% |
9.94% |
14.38% |
8.30% |
Seeks a high level of current income,
consistent with preservation of
principal. |
Western Asset Management
Government Income
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.72% |
4.39% |
0.21% |
1.26% |
Seeks long-term growth of capital. |
Baillie Gifford International Stock
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Baillie Gifford
Overseas Limited |
1.00% |
18.36% |
6.88% |
4.46% |
Seeks a high level of current income
consistent with prudent investment
risk and preservation of capital. |
BlackRock Ultra-Short Term Bond
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: BlackRock Advisors,
LLC |
0.61% |
4.80% |
1.50% |
0.98% |
Seeks a high level of current income,
with growth of capital as a
secondary objective. |
Brighthouse Asset Allocation 20
Portfolio — Class B#‡ Brighthouse Investment Advisers, LLC |
0.89% |
7.83% |
3.62% |
3.05% |
Seeks high total return in the form of
income and growth of capital, with a
greater emphasis on income. |
Brighthouse Asset Allocation 40
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.89% |
10.52% |
5.60% |
4.34% |
Seeks a balance between a high level
of current income and growth of
capital, with a greater emphasis on
growth of capital. |
Brighthouse Asset Allocation 60
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.91% |
13.59% |
7.72% |
5.67% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks growth of capital. |
Brighthouse Asset Allocation 80
Portfolio — Class B‡ Brighthouse Investment Advisers, LLC |
0.94% |
17.30% |
9.75% |
6.91% |
Seeks long-term capital growth. |
Brighthouse/Artisan Mid Cap Value
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Artisan Partners
Limited Partnership |
1.02% |
18.24% |
11.28% |
6.48% |
Seeks long-term capital appreciation. |
Brighthouse/Dimensional
International Small Company
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Dimensional Fund
Advisors LP |
1.05% |
13.52% |
7.32% |
4.42% |
Seeks to provide a growing stream of
income over time and, secondarily,
long-term capital appreciation and
current income. |
Brighthouse/Wellington Core Equity
Opportunities Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Wellington
Management Company LLP
|
0.86% |
7.38% |
12.84% |
10.08% |
Seeks to provide a growing stream of
income over time and, secondarily,
long-term capital appreciation and
current income. |
Brighthouse/Wellington Core Equity
Opportunities Portfolio — Class E†† Brighthouse Investment Advisers, LLC Subadviser: Wellington
Management Company LLP
|
0.76% |
7.49% |
12.95% |
10.19% |
Seeks maximum capital
appreciation. |
Frontier Mid Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Frontier Capital
Management Company, LLC
|
0.96% |
17.73% |
10.99% |
9.01% |
Seeks long-term growth of capital. |
Jennison Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Jennison Associates
LLC |
0.80% |
52.86% |
17.69% |
14.03% |
Seeks to track the performance of
the Bloomberg U.S. Aggregate Bond
Index. |
MetLife Aggregate Bond Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.58% |
4.90% |
0.57% |
1.27% |
Seeks to track the performance of
the Standard & Poor’s MidCap
400® Composite Stock Price
Index. |
MetLife Mid Cap Stock Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.61% |
15.76% |
12.00% |
8.68% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks to track the performance of
the MSCI EAFE® Index. |
MetLife MSCI EAFE® Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.69% |
17.58% |
7.67% |
3.75% |
Seeks to track the performance of
the Russell 2000® Index. |
MetLife Russell 2000® Index
Portfolio — Class G
Brighthouse Investment Advisers,
LLC
Subadviser: MetLife Investment Management, LLC |
0.62% |
16.47% |
9.57% |
6.84% |
Seeks to track the performance of
the Standard & Poor’s 500®
Composite Stock Price Index. |
MetLife Stock Index
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: MetLife Investment
Management, LLC |
0.51% |
25.63% |
15.10% |
11.47% |
Seeks capital appreciation. |
MFS® Value Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Massachusetts
Financial Services Company
|
0.83% |
7.85% |
11.27% |
8.51% |
Seeks high total return, consisting
principally of capital appreciation. |
Neuberger Berman Genesis
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Neuberger Berman
Investment Advisers LLC
|
1.05% |
15.20% |
12.13% |
8.48% |
Seeks long-term growth of capital. |
T. Rowe Price Large Cap Growth
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: T. Rowe Price
Associates, Inc. |
0.82% |
46.53% |
13.23% |
11.60% |
Seeks long-term capital appreciation
with income as a secondary
consideration. |
VanEck Global Natural Resources
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Van Eck Associates
Corporation |
1.03% |
-3.64% |
10.92% |
-0.72% |
Seeks to maximize total return
consistent with preservation of
capital. |
Western Asset Management Strategic
Bond Opportunities
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.81% |
9.22% |
2.54% |
2.76% |
Investment Objectives |
Portfolio Company and
Adviser/Sub-Adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/2023) | ||
1
Year |
5
Year |
10
Year | |||
Seeks to maximize total return
consistent with preservation of
capital. |
Western Asset Management Strategic
Bond Opportunities
Portfolio — Class E†† Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.71% |
9.30% |
2.65% |
2.87% |
Seeks to maximize total return
consistent with preservation of
capital and maintenance of liquidity. |
Western Asset Management
U.S. Government
Portfolio — Class B# Brighthouse Investment Advisers, LLC Subadviser: Western Asset
Management Company LLC
|
0.75% |
4.59% |
0.70% |
0.98% |
Optional Benefit |
GMIB Max I* |
GMIB Plus III* |
GMIB Plus I* |
GMIB I |
Lifetime Withdrawal Guarantee II* (LWG
II) |
Life Withdrawal Guarantee I (LWG
I) |
Guaranteed Minimum Accumulation Benefit Rider*
(GMAB) |
AB Global Dynamic Allocation Portfolio |
BlackRock Global Tactical Strategies Portfolio |
Brighthouse Balanced Plus Portfolio |
Invesco Balanced-Risk Allocation Portfolio |
JPMorgan Global Active Allocation Portfolio |
MetLife Aggregate Bond Index Portfolio |
MetLife Multi-Index Targeted Risk Portfolio |
PanAgora Global Diversified Risk Portfolio |
Schroders Global Multi-Asset Portfolio |
Western Asset Management Government Income Portfolio |
AB Global Dynamic Allocation Portfolio |
American Funds® Balanced Allocation Portfolio |
American Funds® Growth Allocation Portfolio |
American Funds® Moderate Allocation Portfolio |
BlackRock Global Tactical Strategies Portfolio |
BlackRock Ultra-Short Term Bond Portfolio |
Brighthouse Asset Allocation 20 Portfolio |
Brighthouse Asset Allocation 40 Portfolio |
Brighthouse Asset Allocation 60 Portfolio |
Brighthouse Asset Allocation 80 Portfolio |
Brighthouse Balanced Plus Portfolio |
Invesco Balanced-Risk Allocation Portfolio |
JPMorgan Global Active Allocation Portfolio |
MetLife Multi-Index Targeted Risk Portfolio |
PanAgora Global Diversified Risk Portfolio |
Schroders Global Multi-Asset Portfolio |
SSGA Growth and Income ETF Portfolio |
SSGA Growth ETF Portfolio |
Platform 1 |
Platform 2 |
A minimum of 30% of
Purchase Payments or
|
A maximum of 70% of
Purchase Payments or
|
BlackRock Ultra-Short Term Bond Portfolio |
AB Global Dynamic Allocation Portfolio |
Brighthouse/Franklin Low Duration Total Return Portfolio
|
American Funds® Balanced Allocation
Portfolio |
JPMorgan Core Bond Portfolio |
American Funds® Growth Allocation
Portfolio |
MetLife Aggregate Bond Index Portfolio |
American Funds® Growth Portfolio
|
PIMCO Inflation Protected Bond Portfolio |
American Funds® Moderate Allocation
Portfolio |
PIMCO Total Return Portfolio |
Baillie Gifford International Stock Portfolio |
Western Asset Management Government Income Portfolio |
BlackRock Global Tactical Strategies Portfolio |
Western Asset Management U.S. Government Portfolio |
BlackRock High Yield Portfolio |
|
Brighthouse Asset Allocation 100 Portfolio |
|
Brighthouse Asset Allocation 20 Portfolio |
|
Brighthouse Asset Allocation 40 Portfolio |
|
Brighthouse Asset Allocation 60 Portfolio |
|
Brighthouse Asset Allocation 80 Portfolio |
|
Brighthouse Balanced Plus Portfolio |
|
Brighthouse/Wellington Core Equity Opportunities
Portfolio |
|
Harris Oakmark International Portfolio |
|
Invesco Balanced-Risk Allocation Portfolio |
|
Invesco Comstock Portfolio |
|
Jennison Growth Portfolio |
|
JPMorgan Global Active Allocation Portfolio |
|
Loomis Sayles Global Allocation Portfolio |
|
Loomis Sayles Growth Portfolio |
|
MetLife MSCI EAFE® Index Portfolio
|
|
MetLife Multi-Index Targeted Risk Portfolio |
|
MetLife Stock Index Portfolio |
|
MFS® Research International Portfolio |
Platform 1 |
Platform 2 |
A minimum of 30% of Purchase Payments or
Account Value |
A maximum of 70% of Purchase Payments or
Account Value |
|
MFS® Value Portfolio
|
|
PanAgora Global Diversified Risk Portfolio |
|
Schroders Global Multi-Asset Portfolio |
|
SSGA Growth and Income ETF Portfolio |
|
SSGA Growth ETF Portfolio |
|
T. Rowe Price Large Cap Growth Portfolio |
|
T. Rowe Price Large Cap Value Portfolio |
|
Western Asset Management Strategic Bond Opportunities Portfolio |
Platform 3 |
Platform 4 |
A maximum of 15% of
Purchase Payments or
|
A maximum of 15% of
Purchase Payments or
|
Allspring Mid Cap Value Portfolio |
Brighthouse Small Cap Value Portfolio |
Brighthouse/Artisan Mid Cap Value Portfolio |
Brighthouse/abrdn Emerging Markets Equity Portfolio |
Frontier Mid Cap Growth Portfolio |
Brighthouse/Dimensional International Small Company
Portfolio |
MetLife Mid Cap Stock Index Portfolio |
Brighthouse/Eaton Vance Floating Rate Portfolio |
T. Rowe Price Mid Cap Growth Portfolio |
Brighthouse/Templeton International Bond Portfolio |
Victory Sycamore Mid Cap Value Portfolio |
CBRE Global Real Estate Portfolio |
|
Invesco Small Cap Growth Portfolio |
|
MetLife Russell 2000® Index Portfolio
|
|
Neuberger Berman Genesis Portfolio |
|
VanEck Global Natural Resources Portfolio |
AB Global Dynamic Allocation Portfolio |
American Funds® Balanced Allocation Portfolio |
American Funds® Growth Allocation Portfolio |
American Funds® Moderate Allocation Portfolio |
BlackRock Global Tactical Strategies Portfolio |
BlackRock Ultra-Short Term Bond Portfolio |
Brighthouse Asset Allocation 20 Portfolio |
Brighthouse Asset Allocation 40 Portfolio |
Brighthouse Asset Allocation 60 Portfolio |
Brighthouse Asset Allocation 80 Portfolio |
Brighthouse Balanced Plus Portfolio |
Invesco Balanced-Risk Allocation Portfolio |
JPMorgan Global Active Allocation Portfolio |
MetLife Aggregate Bond Index Portfolio |
MetLife Multi-Index Targeted Risk Portfolio |
PanAgora Global Diversified Risk Portfolio |
Schroders Global Multi-Asset Portfolio |
SSGA Growth and Income ETF Portfolio |
SSGA Growth ETF Portfolio |
Western Asset Management Government Income Portfolio |
|
|
|
|
Account Values | |
Beg of Month |
Amount Allocated to EDCA |
Actual EDCA Transfer |
EDCA Account Value |
1st Payment Bucket |
2nd Payment Bucket |
1 |
$12,000 |
$2,000 |
$10,000 |
$10,000 |
|
2 |
|
$2,000 |
$8,025 |
$8,025 |
|
3 |
|
$2,000 |
$6,044 |
$6,044 |
|
|
|
|
|
Account Values | |
Beg of Month |
Amount Allocated to EDCA |
Actual EDCA Transfer |
EDCA Account Value |
1st Payment Bucket |
2nd Payment Bucket |
4* |
$6,000 |
$3,000 |
$9,059 |
$3,059 |
$6,000 |
5 |
|
$3,000 |
$6,082 |
$67 |
$6,015 |
6 |
|
$3,000 |
$3,097 |
0 |
$3,097 |
7 |
|
$3,000 |
$104 |
0 |
$104 |
8 |
|
$105 |
0 |
0 |
0 |
|
|
|
|
Account Values | |
Beg of Month |
Amount Allocated to EDCA |
Actual EDCA Transfer |
EDCA Account Value |
1st Payment Bucket |
2nd Payment Bucket |
1 |
$24,000 |
$2,000 |
$22,000 |
$22,000 |
|
2 |
|
$2,000 |
$20,054 |
$20,054 |
|
3 |
|
$2,000 |
$18,104 |
$18,104 |
|
4 |
|
$2,000 |
$16,148 |
$16,148 |
|
5 |
|
$2,000 |
$14,188 |
$14,188 |
|
6* |
$12,000 |
$3,000 |
$23,223 |
$11,223 |
$12,000 |
7 |
|
$3,000 |
$20,280 |
$8,251 |
$12,030 |
8 |
|
$3,000 |
$17,330 |
$5,271 |
$12,059 |
9 |
|
$3,000 |
$14,373 |
$2,284 |
$12,089 |
10 |
|
$3,000 |
$11,409 |
0 |
$11,409 |
11 |
|
$3,000 |
$8,437 |
0 |
$8,437 |
12 |
|
$3,000 |
$5,458 |
0 |
$5,458 |
13 |
|
$3,000 |
$2,471 |
0 |
$2,471 |
14 |
|
$2,477 |
0 |
0 |
0 |
|
|
Date |
Amount |
A |
Initial Purchase Payment |
10/1/2024 |
$100,000 |
B |
Account Value |
10/1/2025
(First Contract Anniversary) |
$104,000 |
C |
Death Benefit |
As of 10/1/2025 |
$104,000
(= greater of A and B) |
D |
Account Value |
10/1/2026
(Second Contract Anniversary) |
$90,000 |
E |
Death Benefit |
10/1/2026 |
$100,000
(= greater of A and D) |
F |
Withdrawal |
10/2/2026 |
$9,000 |
G |
Percentage Reduction in Account
Value |
10/2/2026 |
10%
(= F/D) |
H |
Account Value after Withdrawal |
10/2/2026 |
$81,000
(= D-F) |
I |
Purchase Payments Reduced for
Withdrawal |
As of 10/2/2026 |
$90,000
(= A-(A × G)) |
J |
Death Benefit |
10/2/2026 |
$90,000 (=
greater of H and I) |
|
|
Date |
Amount |
A |
Initial Purchase Payment |
10/1/2024 |
$100,000 |
B |
Account Value |
10/1/2025
(First Contract Anniversary) |
$104,000 |
C |
Death Benefit (Highest Anniversary
Value) |
As of 10/1/2025 |
$104,000
(= greater of A and B) |
D |
Account Value |
10/1/2026
(Second Contract Anniversary) |
$90,000 |
E |
Death Benefit (Highest Contract Year
Anniversary) |
10/1/2026 |
$104,000
(= greater of B and D) |
F |
Withdrawal |
10/2/2026 |
$9,000 |
G |
Percentage Reduction in Account
Value |
10/2/2026 |
10%
(= F/D) |
H |
Account Value after Withdrawal |
10/2/2026 |
$81,000
(= D-F) |
I |
Highest Anniversary Value Reduced
for Withdrawal |
As of 10/2/2026 |
$93,600
(= E-(E × G)) |
J |
Death Benefit |
10/2/2026 |
$93,600 (=
greater of H and I) |
Fiscal year |
Aggregate Amount
of Commissions Paid to Distributor |
Aggregate Amount of Commissions Retained by Distributor
After Payments to Selling Firms |
2023 |
$71,755,585 |
$0 |
2022 |
$77,178,585 |
$0 |
2021 |
$85,084,918 |
$0 |
Name and Principal Business Address |
Positions and Offices with Depositor |
David A. Rosenbaum
11225 North Community House Road Charlotte, NC 28277 |
Chairman of the Board, President, Chief Executive Officer and a Director |
Michael J. Inserra
285 Madison Avenue New York, NY 10017 |
Director |
Edward C. Kosnik
11225 North Community House Road Charlotte, NC 28277 |
Director and Vice President |
Mayer Naiman
285 Madison Avenue New York, NY 10017 |
Director |
Douglas A. Rayvid
285 Madison Avenue New York, NY 10017 |
Director |
Robert A. Semke
11225 North Community House Road Charlotte, NC 28277 |
Director |
Kevin White
11225 North Community House Road Charlotte, NC 28277 |
Director |
Michele Abate
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Devon Arendosch
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Chief Information Security Officer |
Patrisha Cox
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Rachel M. D’Anna 334 Madison Avenue, Floor 3 Morristown, NJ 07960 |
Vice President |
David Dooley
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Meghan Doscher
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Micah Dowling
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Tara Figard
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Gianna H. Figaro-Sterling 11225 North Community House Road Charlotte, NC 28277 |
Vice President and Controller |
Kevin Finneran
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Illustration Officer |
Jason Frain
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Tyler Gates
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Appointed Actuary |
James Grady 334
Madison Avenue, Floor 3 Morristown,
NJ 07960 |
Vice President and Chief Investment Officer |
Christopher Hartsfield 11225 North Community House Road Charlotte, NC 28277 |
Vice President and Assistant Secretary |
James Hoffman
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Illustration Actuary |
Jeffrey Hughes
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Chief Technology Officer |
Jacob Jenkelowitz
285 Madison Avenue, Suite 1400 New York, NY 10017 |
Vice President and Secretary |
Donald Leintz
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
John Lima 334
Madison Avenue, Floor 3 Morristown,
NJ 07960 |
Chief Derivatives Officer |
Allie Lin 11225
North Community House Road Charlotte, NC 28277 |
Vice President |
Philip Melville
334 Madison Avenue, Floor 3 Morristown, NJ 07960 |
Vice President |
Tiffanie Moore
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Assistant Secretary |
Janet Morgan
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Treasurer |
Rosemary Morgan
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Chief Compliance Officer |
Alan Otis 11225
North Community House Road Charlotte, NC 28277 |
Vice President |
James Painter
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Melissa Pavlovich
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Phillip Pfotenhauer 11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Kristi Slavin
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Gregor Speakman
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
Kristine Toscano
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Chief Financial Officer |
David Ward 11225
North Community House Road Charlotte, NC 28277 |
Vice President |
Julienne Warr
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
A. |
Brighthouse Holdings, LLC (DE) | |||
|
1. |
New England Life Insurance Company (MA) | ||
|
2. |
Brighthouse Life Insurance Company (DE) | ||
|
|
a. |
|
Brighthouse Reinsurance Company of Delaware (DE) |
|
|
b. |
|
Brighthouse Life Insurance Company of NY (NY) |
|
|
|
(i.) |
BLICNY Property Ventures, LLC
(DE) |
|
|
c. |
|
Brighthouse Connecticut Properties Ventures, LLC (DE) |
|
|
d. |
|
Brighthouse Renewables Holdings, LLC (DE) |
|
|
|
(i.) |
Greater Sandhill I, LLC (DE)
|
|
|
e. |
|
Daniel/Brighthouse Midtown Atlanta Master Limited Liability Company (DE) |
|
|
|
(i.) |
1075 Peachtree LLC (DE) |
|
|
f. |
|
Brighthouse Assignment Company (CT) |
|
|
g. |
|
ML 1065 Hotel, LLC (DE) |
|
|
h. |
|
TIC European Real Estate LP, LLC (DE) |
|
|
i. |
|
Euro TL Investments LLC (DE) |
|
|
j. |
|
TLA Holdings LLC (DE) |
|
|
|
(i.) |
The Prospect Company, LLC (DE)
|
|
|
k. |
|
Euro TI Investments LLC (DE) |
|
|
l. |
|
TLA Holdings II LLC (DE) |
|
|
m. |
|
BLIC Property Ventures, LLC (DE) |
|
3. |
Brighthouse Securities, LLC (DE) | ||
|
4. |
Brighthouse Services, LLC (DE) | ||
|
5. |
Brighthouse Investment Advisers, LLC (DE) |
Name and Principal Business Address |
Positions and Offices with Underwriter |
Myles Lambert
11225 North Community House Road Charlotte, NC 28277 |
Manager, President and Chief Executive Officer |
Philip Beaulieu
11225 North Community House Road Charlotte, NC 28277 |
Manager and Vice President |
Amy Cusson 11225
North Community House Road Charlotte, NC 28277 |
Manager |
Michael Davis
11225 North Community House Road Charlotte, NC 28277 |
Manager and Vice President |
Meghan Doscher
11225 North Community House Road Charlotte, NC 28277 |
Manager |
Kevin Macilvane, Jr. 11225 North Community House Road Charlotte, NC 28277 |
Manager |
Gerard Nigro
11225 North Community House Road Charlotte, NC 28277 |
Manager and Vice President |
Christopher Hartsfield 11225 North Community House Road Charlotte, NC 28277 |
Vice President and Assistant Secretary |
Jacob Jenkelowitz
285 Madison Avenue, Suite 1400 New York, NY 10017 |
Vice President and Secretary |
Colleen Johnson
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Assistant Secretary |
Donald Leintz
11225 North Community House Road Charlotte, NC 28277 |
Vice President |
John Lima 334
Madison Avenue, Floor 3 Morristown,
NJ 07960 |
Vice President and Chief Derivatives Officer |
John Martinez
11225 North Community House Road Charlotte, NC 28277 |
Principal Financial Officer |
Tiffanie Moore
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Assistant Secretary |
Janet Morgan
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Treasurer |
Melissa Pavlovich
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Tax Director |
Kristin Prohonic
11225 North Community House Road Charlotte, NC 28277 |
Vice President and Chief Compliance Officer |
(1) Name of Principal Underwriter |
(2) Net Underwriting Discounts
And Commissions |
(3) Compensation On
Redemption |
(4) Brokerage Commissions
|
(5) Other Compensation
|
Brighthouse Securities, LLC |
$77,755,585 |
$0 |
$0 |
$0 |
|
BRIGHTHOUSE VARIABLE ANNUITY ACCOUNT B
(Registrant) | |
|
By: |
BRIGHTHOUSE LIFE INSURANCE COMPANY OF NY |
|
By: |
/s/
Donald A. Leintz |
|
|
Donald A. Leintz Vice President |
|
BRIGHTHOUSE LIFE INSURANCE COMPANY OF NY
(Depositor) | |
|
By: |
/s/
Donald A. Leintz |
|
|
Donald A. Leintz Vice President |
/s/ David A. Rosenbaum* |
Chairman of the Board, President, Chief Executive Officer
and a Director |
David A. Rosenbaum | |
|
|
/s/ Michael J. Inserra* |
Director |
Michael J. Inserra | |
|
|
/s/ Edward C. Kosnik* |
Director and Vice President |
Edward C. Kosnik | |
|
|
/s/ Mayer Naiman* |
Director |
Mayer Naiman | |
|
|
/s/ Douglas A. Rayvid* |
Director |
Douglas A. Rayvid | |
|
|
/s/ Robert A. Semke* |
Director |
Robert A. Semke | |
|
|
/s/ Kevin White* |
Director |
Kevin White | |
|
|
/s/ Kristine Toscano* |
Vice President and Chief Financial Officer
|
Kristine Toscano | |
|
|
/s/ Gianna H. Figaro-Sterling* |
Vice President and Controller |
Gianna H. Figaro Sterling |
|
*By: |
/s/
Michele H. Abate |
|
|
Michele H. Abate, Attorney-In-Fact April 22, 2024 |
|
METROPOLITAN TOWER LIFE INSURANCE COMPANY
(Guarantor) | |
|
By: |
/s/
ELIZABETH RICH |
|
|
Elizabeth Rich Vice President Metropolitan Tower Life Insurance Company |
* | |
Graham Cox |
President, Presiding Officer of the Board and Director |
* | |
Kim Gordon |
Senior Vice President and Chief Financial Officer |
* | |
Tamara Schock |
Executive Vice President and Chief Accounting Officer |
* | |
Charles Scully |
Director |
* | |
Michael Borowski |
Director |
* | |
Bryan Boudreau |
Director |
* | |
Dimitri Lorenzen |
Director |
* | |
Kevin Mackay |
Director |
* | |
William O’Donnell |
Director |
* | |
Michael Zarcone |
Direcor |
|
*By: |
/s/
Robin Wagner |
|
|
Robin Wagner Attorney-In Fact April 23, 2024 |