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Fixed Rate Annuities

A single premium deferred fixed annuity.



Take advantage of the retirement plans you’ve made. A fixed rate annuity can help you diversify your portfolio with guaranteed growth protected from stock market volatility.

Add growth and stability to your retirement outlook.
Guaranteed Growth
Guaranteed Growth

Your initial interest rate is guaranteed for the term length you choose and will be unaffected by equity market conditions.¹

Tax-Deferred Growth
Tax-Deferred Growth

Generally, taxes aren’t paid until money is withdrawn so your hard-earned money stays hard at work until it's ready for you to use.²

Choice to Fit Your Needs
Choice to Fit Your Needs

Choose your term and other options to fit your specific needs.

How It Works for You

Growth and Stability for Your Future

You can choose to receive income payments (for one or two lives) that will last for a specific period of time or for as long as you live. This income is guaranteed to remain the same, even if the market declines.3

Choose 3, 5, or 7 Years of Guaranteed Growth
You choose how long you want your money to grow (3, 5, or 7 years). Once your initial guarantee period ends, your contract will automatically renew into a subsequent guarantee period of one year, free of a withdrawal charge.

Access Your Assets
The Free Withdrawal Amount allows you to withdraw 10% of your purchase payment the first year and 10% of your account value each year thereafter, should the need arise.4 Additional withdrawals can be made without a charge, including:

  • Nursing Home Waiver5 – If you become confined to a nursing home and/or hospital for 90 consecutive days or more
  • Terminal Illness Waiver5 – If you’re diagnosed with a terminal illness with a life expectancy of 12 months or less
  • Required Minimum Distributions (RMD)6 – To comply with IRS RMD rules
  • Withdrawals After the Initial Guarantee Period – Once your initial guarantee period has ended, you can make withdrawals free of withdrawal charge

 

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Resource Materials

Download these resources for more detailed information about this product:

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Additional Information

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Take the Next Step

Talk to your financial professional about whether a Brighthouse Fixed Rate Annuity is right for you and how to purchase this product.

Use this product brochure to help prepare for the conversation with your financial professional.

View Product Brochure

This Brighthouse Financial product can only be purchased through a licensed financial professional.

Don’t have a financial professional? Learn more about working with a financial professional.

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Brighthouse Financial® is on a mission to help people achieve financial security.

Trusted by over 2 million customers and with over 2 million annuity contracts and life insurance policies in force, Brighthouse Financial® is proud to be a Fortune® 500 company and one of the largest providers of annuities and life insurance in the U.S.7

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1 At the end of the initial guarantee period, the contract will automatically renew into a subsequent guarantee period of one year at the then-current renewal interest rate and will no longer be subject to a withdrawal charge. For each subsequent guarantee period, a new renewal interest rate will be declared. Renewal interest rates will generally be lower than the Initial Guaranteed Interest Rate but will not be less than the Minimum Guaranteed Interest Rate.

2 Buying an annuity to fund a qualified retirement plan or IRA should be done for the annuity’s features and benefits other than tax deferral. Tax deferral is generally a feature of a qualified retirement plan or IRA, so an annuity would not provide an additional tax deferral benefit. References throughout this material to tax advantages, such as tax deferral and tax-free transfers, are subject to this consideration. The product described in this material is not made available to employer-sponsored qualified retirement plans. For non-qualified annuities, tax deferral is not available to corporations and certain other entities.

3 Income payments can start 13 months after the issue date and must start by the maturity date, which is the contract anniversary after the owner’s 95th birthday.

4 Withdrawals of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59½ may also be subject to a 10% federal income tax penalty. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3.8% Net Investment Income Tax that is generally imposed on interest, dividends, and annuity income if the modified adjusted gross income exceeds the applicable threshold amount. Withdrawals will reduce the death benefit and account value. Withdrawals may be subject to withdrawal charges.

5 These waivers are not available if you are over age 80 at contract issue. May not be available in all states; additional restrictions apply. Please ask your financial professional for details.

6 RMD payments are calculated for this contract only.

7 Data as of September 30, 2022. From FORTUNE © 2023 Fortune Media IP Limited. All rights reserved. Used under license. FORTUNE and Fortune 500 are registered trademarks of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Brighthouse Financial. Assets ranked by 2022 admitted assets. Best’s Review®: Top 200 U.S. Life/Health Insurers. AM Best, 2023.

Brighthouse Fixed Rate Annuity and Brighthouse Fixed Rate Annuity MVA are insurance products and not insured by the FDIC, the NCUSIF, or any other government agency, nor are they guaranteed by, or the obligation of, the financial institution that sells them. All contract guarantees and annuity payout rates are subject to the claims-paying ability and financial strength of the issuing insurance company. They are not backed by the broker/dealer from which this annuity is purchased, by the insurance agency from which this annuity is purchased, or any affiliates of those entities, and none makes any representations or guarantees regarding the claims-paying ability and financial strength of the issuing insurance company. Similarly, the issuing insurance company does not back the financial strength of the broker/dealer or any of its affiliates.

Any discussion of taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax, or accounting advice. Clients should confer with their qualified legal, tax, and accounting professionals as appropriate. All guarantees, including any optional benefits, are subject to the claims-paying ability and financial strength of the issuing insurance company. Each issuing insurance company is solely responsible for its own financial condition and contractual obligations.

Brighthouse Fixed Rate Annuity and Brighthouse Fixed Rate Annuity MVA are issued by Brighthouse Life Insurance Company, Charlotte, NC 28277, on Policy Form ICC18-8-300 and, in New York only, by Brighthouse Life Insurance Company of NY, New York, NY 10017, on Policy Form 7-300 (6/16). Product availability and features may vary by state or firm

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© 2023 Brighthouse Financial, Inc.

Brighthouse Financial® and its design are registered trademarks of Brighthouse Financial, Inc. and/or its affiliates. Brighthouse Financial is the brand name for Brighthouse Life Insurance Company, Brighthouse Life Insurance Company of NY, and New England Life Insurance Company.

Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, Brighthouse Life Insurance Company, Charlotte, NC 28277 and, in New York only, by Brighthouse Life Insurance Company of NY, New York, NY 10017 (“Brighthouse Financial”). Variable products are distributed by Brighthouse Securities, LLC (member FINRA). All are Brighthouse Financial affiliated companies.

In this material, the terms “advisor” and “financial advisor” are used as general references to licensed insurance professionals and are not intended to indicate whether the licensed insurance professional is a Registered Investment Advisor or is otherwise authorized under the law to provide financial advice.

Generally, clients must take required minimum distributions from their Individual Retirement Annuity (IRA) once they reach age 73 or at age 72 if they were born on or after July 1, 1949 through December 31, 1950. Clients should seek advice from a qualified tax professional for complete details.