based on complex data

Annuity Educator Rating

Annuity review

Shield Level II 3-Year

The Shield Level II 3-Year annuity is a great way to ensure a steady income in your golden years. With security as its main selling point, it really does feel like a financial "shield".

According to the product brochure, some fantastic benefits include protection from market volatility and an easy-to-understand plan structure. This certainly makes planning for the future less intimidating!

Shield Level II 3-Year

Your Email

Compare this annuity with 800+ others from 100+ companies

Your State

Investment

Your Gender

Your Age

Retire At

No agent will call you

About Product

Type

Registered Index-Linked

Purpose

Accumulation

Term

3 Years

Surrender schedule

Fee withdrawal:

10%

Market Value Adjustment

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, Stretch IRA, NQ Stretch, and TSP

Launch Date

07/24/2017

Brighthouse Shield Level II 3-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.

Interim Value
The Interim Value calculation uses a hypothetical portfolio approach which aligns with industry standards. The Interim Value for each Shield Option is equal to the sum of (1) the market value of the Fixed Income Asset Proxy and (2), the current market value of the Derivative Asset Proxy.

Performance Lock Feature

Performance Lock is available with all Shield Options offered with Brighthouse Shield Level II 3-Year Annuity. The Contract Owner will be able to lock the Interim Value once per term. The Performance Lock Value can be transferred to another Shield Option on any Contract Anniversary after the Performance Lock is exercised. Once the Performance Lock is exercised, it is irrevocable.

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

Allocation Accounts

Name	Type	Rates
2-Year Russell 2000 Shield 10 with Step Rate Edge	Step Rate Edge Biennial	15% Performance triggered
2-Year Nasdaq-100 Shield 10 with Step Rate Edge	Step Rate Edge Biennial	14.5% Performance triggered
1-Year Nasdaq-100 Shield 15 with Step Rate Edge	Step Rate Edge Annual	6.5% Performance triggered
1-Year Nasdaq-100 Shield 10 with Step Rate Edge	Step Rate Edge Annual	8% Performance triggered
2-Year MSCI EAFE Shield 15 with Step Rate Edge	Step Rate Edge Biennial	10.25% Performance triggered
2-Year MSCI EAFE Shield 10 with Step Rate Edge	Step Rate Edge Biennial	12.25% Performance triggered
1-Year MSCI EAFE Shield 15 with Step Rate Edge	Step Rate Edge Annual	5.25% Performance triggered
1-Year MSCI EAFE Shield 10 with Step Rate Edge	Step Rate Edge Annual	6.5% Performance triggered
2-Year Russell 2000 Shield 15 with Step Rate Edge	Step Rate Edge Biennial	13% Performance triggered
1-Year Russell 2000 Shield 15 with Step Rate Edge	Step Rate Edge Annual	6.5% Performance triggered
1-Year Russell 2000 Shield 10 with Step Rate Edge	Step Rate Edge Annual	7.5% Performance triggered
2-Year S&P 500 Shield 15 with Step Rate Edge	Step Rate Edge Biennial	11% Performance triggered
2-Year S&P 500 Shield 10 with Step Rate Edge	Step Rate Edge Biennial	12.75% Performance triggered
1-Year S&P 500 Shield 15 with Step Rate Edge	Step Rate Edge Annual	5.5% Performance triggered
1-Year S&P 500 Shield 10 with Step Rate Edge	Step Rate Edge Annual	6.75% Performance triggered
2-Year Nasdaq-100 Shield 15 with Step Rate Edge	Step Rate Edge Biennial	12.5% Performance triggered
1-Year Fixed Account	Fixed	3.5% Fixed
3-Year S&P 500 PTP Cap Shield 10	Point to Point Triennial	45% Cap
3-Year Nasdaq-100 PTP Cap Shield 15	Point to Point Triennial	30% Cap
1-Year Nasdaq-100 PTP Cap Shield 10	Point to Point Annual	13.25% Cap
3-Year S&P 500 PTP Cap Shield 15	Point to Point Triennial	30% Cap
3-Year Russell 2000 PTP Cap Shield 10	Point to Point Triennial	55% Cap
3-Year Russell 2000 PTP Cap Shield 15	Point to Point Triennial	35% Cap
3-Year MSCI EAFE PTP Cap Shield 10	Point to Point Triennial	90% Cap
3-Year MSCI EAFE PTP Cap Shield 15	Point to Point Triennial	50% Cap
1-Year S&P 500 PTP Cap Shield 10	Point to Point Annual	10.5% Cap
1-Year Russell 2000 PTP Cap Shield 10	Point to Point Annual	16.5% Cap
1-Year MSCI EAFE PTP Cap Shield 10	Point to Point Annual	14% Cap
1-Year S&P 500 PTP Cap Shield 15	Point to Point Annual	8.5% Cap
1-Year Russell 2000 PTP Cap Shield 15	Point to Point Annual	11.5% Cap
1-Year MSCI EAFE PTP Cap Shield 15	Point to Point Annual	9.5% Cap
3-Year Nasdaq-100 PTP Cap Shield 10	Point to Point Triennial	40% Cap
1-Year Nasdaq-100 PTP Cap Shield 15	Point to Point Annual	11% Cap
2-Year Nasdaq-100 Shield 10 with Step Rate	Performance Triggered Biennial	16.5% Performance triggered
2-Year Nasdaq-100 Shield 15 with Step Rate	Performance Triggered Biennial	14% Performance triggered
2-Year MSCI EAFE Shield 10 with Step Rate	Performance Triggered Biennial	14.25% Performance triggered
2-Year MSCI EAFE Shield 15 with Step Rate	Performance Triggered Biennial	12.75% Performance triggered
2-Year Russell 2000 Shield 15 with Step Rate	Performance Triggered Biennial	15.25% Performance triggered
1-Year MSCI EAFE Shield 10 with Step Rate	Performance Triggered Annual	7.75% Performance triggered
1-Year Russell 2000 Shield 10 with Step Rate	Performance Triggered Annual	8.5% Performance triggered
1-Year S&P 500 Shield 10 with Step Rate	Performance Triggered Annual	7.75% Performance triggered
2-Year Russell 2000 Shield 10 with Step Rate	Performance Triggered Biennial	17.5% Performance triggered
2-Year S&P 500 Shield 15 with Step Rate	Performance Triggered Biennial	12.5% Performance triggered
2-Year S&P 500 Shield 10 with Step Rate	Performance Triggered Biennial	13.75% Performance triggered
1-Year Nasdaq-100 Shield 15 with Step Rate	Performance Triggered Annual	8% Performance triggered
1-Year MSCI EAFE Shield 15 with Step Rate	Performance Triggered Annual	7% Performance triggered
1-Year Russell 2000 Shield 15 with Step Rate	Performance Triggered Annual	7.5% Performance triggered
1-Year S&P 500 Shield 15 with Step Rate	Performance Triggered Annual	7% Performance triggered
1-Year Nasdaq-100 Shield 10 with Step Rate	Performance Triggered Annual	9.5% Performance triggered

Surrender schedule

Year	1	2	3
Penalty	6%	6%	5%

Riders

No Riders for Shield Level II 3-Year annuity.

Waivers

Nursing Home

Unavailable in states: CT, and MA

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

Unavailable in states: CT, MA, SD, TX, and WA

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.

Withdrawal Provisions

Free WithdrawalAfter 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 WithdrawalsA 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.

Company Founded: 1863

Excellent Rated Company

Brighthouse Life Insurance Company

Company Ratings