Slide 1: Retirement Education: Enrolling in your employer-sponsored retirement plan
Providing flexible retirement solutions, backed by MetLife Resources industry expertise and customized personal support. Retirement Education Presented By: John Doe Date: XX/XX/XXX Enrolling in your employer-sponsored retirement plan For Use With Plan Sponsor Only — Not For Distribution. For Informa
Slide 2: Why save for retirement?
Why save for retirement? • Food, shelter, healthcare • You may need to replace your current income in retirement • Future standard of living depends on how well you save and invest right now For Use With Plan Sponsor Only — Not For Distribution. For Informational Use Only.
Slide 3: What are potential sources of retirement income?
What are potential sources of retirement income? Social Security Pensions Personal Savings Annuities Individual Retirement Savings (IRAs) For Use With Plan Sponsor Only — Not For Distribution. For Informational Use Only. 3
Slide 4: Understanding your retirement plan
Understanding your retirement plan: • Employer-established, generally funded with your before-tax contributions • You choose how to allocate your money • Your employer determines plan features, and in some cases, makes contributions • Receive tax benefits while your money grows 1. Add footnote here.
Slide 5: What are the advantages of joining?
What are the advantages of joining? It’s easy It’s there in an emergency MetLife makes access to your account It reduces your current taxes convenient It grows tax-deferred It’s never too early It’s never too late * Certain employees participating in 403(b) plans of school, health care or church emp
Slide 6: What are the basics of retirement investing?
What are the basics of retirement investing? • Saving puts money aside for short-term needs • Investing puts money aside for long-term needs For Use With Plan Sponsor Only — Not For Distribution. For Informational Use Only.
Slide 7: When's the best time for me to start saving?
When’s the best time for me to start saving? Right now Pay yourself first Waiting means larger contributions later For Use With Plan Sponsor Only — Not For Distribution. For Informational Use Only. 7
Slide 8: Hypothetical Example: Not everyone saves the same
Hypothetical Example: Not everyone saves the same, but there are things we should all consider Starting Early Starting Later Assuming both earned a 6% annual Mary Bill rate of return, Mary’s early start puts Start Age 25 – End Age 35 Start Age 35 – End Age 65 Annual Contribution $2,000 Annual Contri
Slide 9: Understanding your financial situation
Understanding your financial situation Empower How much will I need in retirement? MetLife delivers real-time • Day-to-day textmay expenses and email security decrease, alerts but insurance to usersmay and healthcare when any of increase. the following events are initiated via the participant websit
Slide 10: What should I consider when allocating my contributions?
What should I consider when allocating my contributions? Empower After you've decided how much to contribute, you need to choose where those dollars will be invested. Diversification and asset allocation is key.* Stock funds Bond funds Cash equivalents Your risk tolerance depends on your comfort lev
Slide 11: Choosing the right investment path: Mutual Fund Select Portfolios
Choosing the right investment path: Empower Mutual Fund Select Portfolios (MFSP) Open architecture mutual fund platform 1 Competitive fixed account option 2 Institutional class funds available No proprietary mutual funds offered No-load or load-waived funds Full disclosure of compensation paid by mu
Slide 12: Choosing the right investment path: Target Date Funds
Choosing the right investment path: Target Date Funds (TDF) Additional options to enhance your plan A fund of funds with Each TDF invests in a Because of the Automatic May satisfy as a an asset mix that adjusts set of underlying mutual fund-of-funds structure, rebalancing Qualified Default its portf
Slide 13: Investment Line-Up Review: MetLife Financial Freedom Select
Investment Line-Up Review MetLife Financial Freedom Select (MFFS) MetLife Financial Freedom Select (MFFS) is a variable annuity designed to provide a retirement savings vehicle for employees of public schools, colleges and universities, not-for-profit hospitals and not-for-profit organizations. MFFS
Slide 14: Investment Line-Up Review: Financial Freedom Account
Investment Line-Up Review The Financial Freedom Account (FFA) The Financial Freedom Account (FFA) is a variable annuity designed to provide a retirement savings vehicle for employees of public schools, colleges and universities, not-for-profit hospitals and nonprofit organizations. The options and f
Slide 15: Investment Line-Up Review: Preference Plus Account
Investment Line-Up Review The Preference Plus Account (PPA) The Preference Plus Account (PPA) is a variable annuity designed to provide a retirement savings vehicle for employees of public schools, colleges and universities, not-for-profit hospitals and nonprofit organizations. The PPA variable annu
Slide 16: Investment Line-Up Review: Enhanced Preference Plus Account
Investment Line-Up Review The Enhanced Preference Plus Account (EPPA) The Enhanced Preference Plus Account (EPPA) is a variable annuity designed to provide a retirement savings vehicle for employees of public schools, colleges and universities, not-for-profit hospitals and nonprofit organizations. T
Slide 17: Investment Line-Up Review: Gold Track Select in NY
Investment Line-Up Review The Gold Track Select (GTS) in the State of NY The Gold Track Select (GTS) variable annuity is a registered group variable annuity specifically designed for retirement savings. It is a long-term financial vehicle that may help with an overall retirement strategy. GTS variab
Slide 18: Choosing Your Options: Gold Track Select Registered Fixed Account
Choosing Your Options Gold Track Select and Registered Fixed Account Option in NY Earns an interest rate guaranteed by the financial strength and claims-paying ability of Metropolitan Life Insurance Company For those who desire a competitive interest rate to meet his/her specific financial needs No
Slide 19: GTS Fixed Account Transfer Restrictions in NY
Choosing Your Options GTS Fixed Account Transfer Restrictions in NY Direct transfers are not allowed between the GTS Registered Fixed Account Option and a “Competing Fund” A Competing Fund is any investment option comprising primarily fixed income investment securities and/or money market instrument
Slide 20: Understanding Your Retirement Plan
Understanding Your Retirement Plan Eligibility Vesting • You are eligible to participate in your plan (effective immediately, • You will always have 100% ownership of the value in your on a quarterly basis) Plan account • You will always have full ownership of any rollovers Contributions you transfe
Slide 21: Enhanced Online Enrollment – EnrollNow
Enhanced Online Enrollment – EnrollNow Get started today! Visit metlife.com/retireready for resources regarding EnrollNow Watch our video at metlife.com/enrollnowvideo For Use With Plan Sponsor Only — Not For Distribution. For Informational Use Only. 21
Slide 22: Disclosures
Disclosures This presentation should not be construed as tax or legal advice. Please consult your tax advisor or attorney for such guidance on how your employer- sponsored retirement plan can affect your taxes. Distributions prior to retirement age are generally prohibited. Retirement savings progra