Fixed annuity review and rates

Brighthouse Fixed Rate Annuity

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The following amounts may be withdrawn free of withdrawal charge: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 
Return of Premium
The Principal Guarantee Rider may be elected at issue and cannot be canceled. Upon full withdrawal, the amount you are guaranteed to receive will be no less than the purchase payment, less any amounts previously withdrawn or applied to an annuity option and taxes. Withdrawal charges, if applicable, would not adjust a full withdrawal below the Principal Guarantee Amount. If elected, the Initial Guaranteed Interest Rate will be lower than without the rider.

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.

Note: TSP funds have to be rolled into an IRA.

Interest Rates

Guaranteed Years Surrender Years Guaranteed Yield Current Yield
3 3 3.8% 3.8%
3 3 4.05% 4.05%
5 5 4.65% 4.65%
5 5 4.9% 4.9%
7 7 4.7% 4.7%
7 7 4.95% 4.95%
3 3 3.65% 3.65%
3 3 3.9% 3.9%
5 5 4.5% 4.5%
5 5 4.75% 4.75%
7 7 4.55% 4.55%
7 7 4.8% 4.8%
Brighthouse Life Insurance Company
Founded: 1863
A.M. Best: A
Fitch: A
S&P: A
Moody's: A3
Carrier details
Free withdrawal
Types of funds
Non-Qualified, IRA, Spousal IRA, IRA Rollover, IRA Transfer, IRA-Roth, 1035 Exchange, and TSP