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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.30%
7-Year
6.00%
10-Year
5.80%

Shield Level Select 6-Year NY

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Highlights

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 states: NY
Type
Registered Index-Linked
Purpose Accumulation
Term
6 Years
Surrender schedule
7%7%6%5%4%3%
Free withdrawal
1st year: 0%
2nd+ year: 10%
Market value adjustment
Return of premium
Launch date
07/24/2017
Minimum contribution
$25,000
Maximum contribution
$1,000,000
Max Age Qualified
85
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, Stretch IRA, NQ Stretch, and TSP
Brochure
Open brochure

Find out if the Shield Level Select 6-Year NY is the right product for you.

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Premium Notes

Notes: 
  • TSP funds have to be rolled into an IRA.
  • If a NQ contract has already been stretched, we would not allow for a beneficiary to continue the payments or “inherit” the contract.
  • We will issue Inherited IRAs allowing for the Life Expectancy IRS exception (stretch) for Eligible Designated Beneficiaries (i.e., normal IRA stretch rules). This includes spouses and beneficiaries no more than 10 years younger than the original IRA owner

Withdrawal Provisions

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. 

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.5% Fixed
6-Year S&P 500 PTP Cap Shield 10
Point to Point
6-Year
500% Cap
1-Year MSCI EAFE PTP Cap Shield 10
Point to Point
Annual
17% Cap
1-Year Russell 2000 PTP Cap Shield 10
Point to Point
Annual
19.5% Cap
1-Year S&P 500 PTP Cap Shield 10
Point to Point
Annual
16% Cap
3-Year MSCI EAFE PTP Cap Shield 15
Point to Point
Triennial
80% Cap
3-Year MSCI EAFE PTP Cap Shield 10
Point to Point
Triennial
130% Cap
3-Year Russell 2000 PTP Cap Shield 15
Point to Point
Triennial
55% Cap
3-Year Russell 2000 PTP Cap Shield 10
Point to Point
Triennial
90% Cap
3-Year S&P 500 PTP Cap Shield 15
Point to Point
Triennial
80% Cap
3-Year S&P 500 PTP Cap Shield 10
Point to Point
Triennial
130% Cap
6-Year MSCI EAFE PTP Cap Shield 25
Point to Point
6-Year
110% Cap
6-Year MSCI EAFE PTP Cap Shield 15
Point to Point
6-Year
200% Cap
6-Year MSCI EAFE PTP Cap Shield 10
Point to Point
6-Year
300% Cap
6-Year Russell 2000 PTP Cap Shield 25
Point to Point
6-Year
75% Cap
6-Year Russell 2000 PTP Cap Shield 15
Point to Point
6-Year
100% Cap
6-Year Russell 2000 PTP Cap Shield 10
Point to Point
6-Year
130% Cap
6-Year S&P 500 PTP Cap Shield 25
Point to Point
6-Year
125% Cap
6-Year S&P 500 PTP Cap Shield 15
Point to Point
6-Year
350% Cap
1-Year S&P 500 Shield 10 with Step Rate
Performance Triggered
Annual
9.5% Performance triggered
1-Year Russell 2000 Shield 10 with Step Rate
Performance Triggered
Annual
11.75% Performance triggered
1-Year MSCI EAFE Shield 10 with Step Rate
Performance Triggered
Annual
8.5% Performance triggered

Surrender schedule

Year 1 2 3 4 5 6
Penalty 7% 7% 6% 5% 4% 3%

Riders

No Riders for Shield Level Select 6-Year NY annuity.

Waivers

Nursing Home

After the first contract year, we will waive the withdrawal charge if you or the joint owner becomes confined to a hospital and/or nursing home for at least 90 days. Confinement must start after the first contract year. Available to purchasers age 80 or younger at contract issue. The nursing home waiver does not include home health care. Not available in all states. Other restrictions apply. See the prospectus for further details.

Terminal Illness

After the first contract year, we will waive the withdrawal charge if you or the joint owner becomes terminally ill and is not expected to live more than 12 months. Available to purchasers age 80 or younger at contract issue. Not available in all states. Other restrictions apply. See the prospectus for further details.

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