Brighthouse Annuity Ratings

Brighthouse Financial is rated A by AM Best and Fitch. Brighthouse Annuity also boasts a Moody’s rating of A3 and an A+ rating from Standard and Poor’s. According to their balance sheet, as of December 20 2020, the firm had $248 Billion in Total Assets vs. $230 Billion in Total Liabilities. 

Annuity Product Offerings

Brighthouse Fixed Index Annuity Products

Brighthouse SecureAdvantage – Download Brochure

A Brighthouse SecureAdvantage 6-Year Fixed Index Annuity offers 100% protection. Purchase payment will be reduced by withdrawals, which may be subject to Withdrawal Charges and a Market Value Adjustment if applicable. All guarantees are subject to the claims-paying ability and financial strength of Brighthouse Life Insurance Company.  for your purchase payment against market downturns. It features Index Accounts – including innovative Annual Sum Index Accounts – that provide growth opportunities linked to two well-known market indices. What’s more, it offers access to a portion of your money each year2 should the need arise, and a death benefit that keeps pace with your selected Index Accounts. SecureAdvantage 6-Year is designed to provide the protection, growth opportunity, and clarity you need.

Market Value Adjustment may not be applicable in all states & waivers are not available in all states and other restrictions may apply.

Guaranteed Lifetime Payout Options:
You can convert your Contract into a stream of fixed-income payments guaranteed for your life. Payments may begin at any time 13 months after your Contract Issue Date. Once Annuity Payments begin, the Contract cannot be surrendered, and you have no withdrawal rights or access to the Account Value. You may choose from the following options, or any other options acceptable to you and us: 

• Life Annuity with Ten (10) Years of Income Payments Guaranteed – Provides income payments that continue as long as the annuitant is living and are guaranteed for 10 years. If the annuitant dies before the end of the guarantee period, income payments are made to the designated beneficiary(ies) until the end of the guarantee period. No income payments are made once the guarantee period has expired and the Annuitant is no longer living.
 

• Joint and Last Survivor with Ten (10) Years of Income Payments Guaranteed – Provides income payments that are paid for the lifetime of two people and are guaranteed for 10 years. After the death of one Annuitant, the survivor Annuitant will continue to receive the full income payments for as long as he or she lives. If both should die before the end of the guarantee period, the beneficiary(ies) will continue to receive full income payments for the remaining guarantee period. No income payments are made once the guarantee period has expired and the annuitants are no longer living. 

Income Option Information: 

• The start date for income payments must be the first day of a calendar month. If an Annuity Start Date is not chosen, the default Annuity Start Date is the First Contract Anniversary after the oldest Owner’s 95th birthday. The default income option is a Life Annuity with a 10-Year Guarantee Period. 

Available in: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Flex premiumsNot available
Maximum$1,000,000 Higher Limits may be available with Home Office Approval
Minimum
$50,000
Types of funds
  • Non-Qualified
  • IRA
  • IRA Rollover
  • Inherited IRA
AGE RESTRICTIONS
Owner
18 – 80
Annuitant
18 – 80

Brighthouse Fixed Annuity Products

Brighthouse Fixed Rate Annuity – Download Brochure

 

COMPOUND INTEREST: 1.85% Current guaranteed Interest Rate

DURATION: 7 years

FREE WITHDRAWALS: 10%

INTEREST RATES

Base rate

1.85%

Rate guaranteed

7 years

Guaranteed yield to surrender

1.85%

Guaranteed minimum renewal rate

0.05%

Market value adjustment

No

Return of premium

No

PREMIUM PAYMENTS

Type

Single

Maximum

$1,000,000 Higher Limits may be available with Home Office Approval

Minimum

$25,000

Types of funds

Non-Qualified

IRA

Spousal IRA

IRA Rollover

IRA Transfer

IRA-Roth

1035 Exchange

AGE RESTRICTIONS

Owner

0 – 85

Annuitant

0 – 85

  

Max. annuitization age

95

The Brighthouse Fixed Rate Annuity is designed for long-term retirement savings and provides the opportunity to obtain a stream of payments for life.

Free Withdrawal Amount 
The following amounts may be withdrawn free of withdrawal charge:
• First contract year: 10% of the purchase payment 
• Each year after the first contract year: 10% of the account value, as of the prior contract anniversary 
• Withdrawals made to satisfy required minimum distributions (RMDs) for amounts held within the contract 

Death Benefit 
Upon the death of the owner, the beneficiary will receive the full account value (not subject to withdrawal charges) or the minimum withdrawal value, whichever is greater. 

For issue ages 0-17, a Uniform Gift to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) custodial account must be established. 

Available in: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Brighthouse Registered Index Linked Annuities (RILAs)

Brighthouse Shield Level Select RILA – Download Brochure

 
Brighthouse Shield’s Level Select 6-Year Annuity is a long-term contract intended for retirement or other long-term investment purposes. It uses a portion of retirement assets to help take advantage of market growth opportunities with the assurance of a level of downside protection other investment options may not provide. A Shield annuity is an index-linked annuity that doesn’t invest directly in the chosen index or indices, but rather tracks their performance. 

Available in: AL, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Death Benefit
For contract owners 75 or younger at issue, the death benefit is equal to the greater of: 
1. The account value; or 
2. The purchase payment, reduced proportionately by the percentage reduction in account value for each partial withdrawal (including any applicable withdrawal charges). 
For contract owners 76 and older at issue, the death benefit will be equal to the account value. 

Free Withdrawal
After the first contract year, the Free Withdrawal Amount is equal to 10% of the account value as of the prior contract anniversary. In addition, there are other situations where a withdrawal charge may not apply.

Automated Withdrawals
A scheduled stream of monthly, quarterly, or annual withdrawals that may be taken from specified Shield Options and/or the Fixed Account, or proportionally from all Shield Options and the Fixed Account, as allocated. Automated required minimum distributions (RMDs) are available in any contract year. Automated withdrawals for purposes other than RMDs are available after the first contract year and may be subject to withdrawal charges if they exceed the Free Withdrawal Amount in a contract year. Other restrictions apply. 
 
PREMIUM PAYMENTS
Flex premiumsNot available
Maximum$1,000,000 Higher Limits may be available with Home Office Approval
Minimum
$25,000
Types of funds
  • Non-Qualified
  • 401k
  • IRA
  • 401a
  • TSA 403b
  • SEP IRA
  • IRA-Roth
  • SIMPLE IRA
  • 457 plan
AGE RESTRICTIONS
Owner
85
Annuitant
85
Max. annuitization age
90

Brighthouse Annuity Contact Information

Brighthouse Phone Numbers

Annuity customers:

All annuity products: (800) 882-1292

Group Annuities: (800) 560-5001

Life Insurance customers:
  • Brighthouse SmartCare Hybrid LTC
  • Brighthouse SimplySelect Term policies

All other life insurance products: (800) 638-5000

Other Numbers:

Total Control Account: (800) 638-7283

Disability Policies: (844) 405-1390

For Online Servicing Support, please call (888) 243-1974.

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