Fixed Rate Annuities

¹ If you are buying an annuity to fund a qualified retirement plan or IRA, you should do so 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 these materials 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.

² 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.

³ Brighthouse Financial offers 2 Fixed Rate Annuities: Brighthouse^SM Fixed Rate Annuity MVA, and Brighthouse^SM Fixed Rate Annuity. Withdrawals of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59^1⁄2 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% Unearned Income Medicare Contribution tax that is generally imposed on interest, dividends, and annuity income if your modified adjusted gross income exceeds the applicable threshold amount.

⁴ 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.

⁵ RMD payments are calculated for this contract only.

⁶ Minimum Withdrawal Value sets a minimum amount a client would receive on a full surrender, death, or annuitization if greater than the amount otherwise applicable. Please see the contract for full details.

Brighthouse^SM Fixed Rate Annuity and Brighthouse^SM Fixed Rate Annuity MVA, like all annuities, are insurance products and are 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. Like most annuities, annuities from Brighthouse Financial have charges, termination provisions, and terms for keeping them in force. Please contact your financial professional for complete details.

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 advisors as appropriate.

Withdrawals of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59^1⁄2 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% Unearned Income Medicare Contribution tax that is generally imposed on interest, dividends, and annuity income if your modified adjusted gross income exceeds the applicable threshold amount.

If you are buying an annuity to fund a qualified retirement plan or IRA, you should do so 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 these materials 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.

All guarantees, including 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^SM Fixed Rate Annuity and Brighthouse^SM Fixed Rate Annuity MVA are issued by Brighthouse Life Insurance Company on Policy Form ICC18-8-300 (6/16) ("Brighthouse Financial"). MetLife is a registered service mark of Metropolitan Life Insurance Company (with its affiliates, "MetLife"), and is used under license to Brighthouse Services, LLC, and its affiliates. Brighthouse Financial and MetLife are not affiliated and product guarantees are not backed by MetLife.

Brighthouse Financial® and its design are registered trademarks of Brighthouse Financial, Inc. and/or its affiliates.