1. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION.

2. Are your clients concerned about taxes? 1 Insured Retirement Institute, 2013. Survey included 800 investors with at least $25K in investable assets. of clients say tax deferral is an important feature when choosing retirement solutions 1 Capital gains Interest Earned Dividends 89 % Why?

3. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. That’s why location planning is important Relative tax efficiency Source: Fidelity Investments, “Tax Efficient Investing”. The relative tax efficiencies of these investments are generalizations and are not universally accurate. Each investment should be considered individually for the benefits of being held in a taxable or tax-deferred account. 1 Applies to investors who are subject to high rates of state/local tax on investment income; for other investors, these bond funds should be considered Lower Tax Efficiency Consider for taxable accounts Consider for tax-deferred accounts Equity index funds (other than REITs) Equity index ETFs (other than REITs) Tax-Managed equity funds Equity separately managed accounts Bond Funds w/large U.S. Treasuries allocations Typical actively managed equity funds REIT funds High-turnover equity funds U.S. High-yield bond funds Corporate bond funds HIGHER MEDIUM LOWER

4. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. How can you measure tax efficiency? Use the Morningstar Tax Cost Ratio to help! Measures how much a fund’s annualized return is reduced by the taxes investors pay on distributions using the highest tax bracket Can be used to compare different investments, categories or time periods to determine relative tax efficiencies Tax Analysis Pretax Return BHYAX Tax-adjusted Return* BHYAX % Rank in category Tax Cost Ratio BHYAX 1-Mo3-Mo6-MoYTD1-Yr3-Yr5-Yr10-Yr15-Yr Since Inception 0.421.101.773.672.248.769.278.037.807.49 -3.77-3.45-3.97-1.32-4.624.465.674.684.273.90 848591877844332022– ––––2.822.642.502.703.01 For illustrative purposes only. As of 5/31/15. “BHYAX” is the BlackRock High Yield Bond Fund Past tax efficiency is no guarantee of future tax efficiency. * Tax-adjusted returns are load-adjusted. Denotes a 3.01% tax drag on 15-year annual return

5. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. The Power of Tax Deferral RULE OF * No fees, expenses, federal or state taxes are taken into account in this calculation Divide 72 by investment’s growth rate to help estimate when a tax-deferred investment could double in value* Compound growth can have a powerful effect on a long-term investment, helping your clients potentially generate more income for their retirement. Applying this calculation can show how a tax-deferred investment may help benefit a portfolio over the long term. Divide 72 by investment’s growth rate to help estimate when a tax-deferred investment could double in value*

6. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. The Rule of 72 in action RULE OF Investment $100,000 Growth rate 6% applied annually to taxable account Tax rate 39.6% $201,220 $320,174 $203,801 $- $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 02468101214161820 Accumulation period TaxableTax-Deferred Account value doubles in 12 years Account value doubles in 20 years (66% longer) Can your clients wait that long?

7. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. Important disclosure for slide 6 Sources: Legg Mason, Thomson. Chart shows hypothetical 6% growth over 20 years, with and without taxes. Taxes assumed at a 39.6% rate. This is a hypothetical example only and does not represent any specific investment product. Actual investments may include fees, charges and other expenses that would affect an investment’s return. It assumes no distributions are made during these periods. However, lower maximum tax rates on capital gains and dividends would make the investment return for the taxable investment more favorable. Changes in tax rates and tax treatment of investment earnings may impact the comparative results. Actual returns will vary. Withdrawals of earnings from a tax-deferred account may be subject to ordinary income tax, and early withdrawals can be subject to a 10% IRS penalty charge and/or surrender charges. Taxes are assessed annually on taxable accounts. Investors should consider their own personal goals, time horizon and tax bracket when making investment decisions.

8. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. How does tax deferral affect ability to buy future income? TAXABLE GROWTHTAX-DEFERRED GROWTH Account Value/ Purchase Payment $203,801 Account Value/ Purchase Payment $320,714 $10,736 ANNUALIZED AFTER-TAX LIFETIME INCOME (Exclusion ratio: 73%) $13,131 ANNUALIZED AFTER-TAX LIFETIME INCOME (Exclusion ratio: 23%) 1 Both SPIA payouts assume owner is a Male and they elect a Single Life with Cash Refund payout; produced pre-tax annualized payouts of $12,024 for taxable scenario and $18,924 for tax-deferred scenario. After-tax annualized income is determined based on the exclusion ratio indicated and a 39.6% tax rate. 2 Source: www.ssa.gov, Average life expectancy for 65 year old man is 85 HYPOTHETICAL EXAMPLE. FOR ILLUSTRATIVE PURPOSES ONLY. INITIAL INVESTMENT: $100,000 TAX RATE: 39.6% TIME PERIOD: 20 YEARS (AGE 45-65) SPIA 11 $320,174 $203,801 Taxable Tax-Deferred Account value doubles in 12 years $201,220 $161,137 full lump-sum withdrawal Account value doubles in 20 years (66% longer) Over a 20 year retirement 2, that would be $47,900 more income than their current strategy. Your client was able to generate 22% more income from their tax-deferred account!

9. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. Annuities can offer a powerful combination Offer income for life, no matter how long a client lives. Offer investment options to help clients diversify and grow their purchase payments on a tax-deferred basis. This may help them keep pace with inflation. Can give clients the flexibility to withdraw portions of their account value if they choose. They can use the withdrawals as an ongoing source of income or withdraw it periodically, as unexpected financial needs arise. Restrictions may apply. Offer a variety of optional living and death benefits that can help grow and protect immediate or future income, and help provide for a client’s loved ones. Fees are charged for the various features and benefits. Offer guaranteed income for life, no matter how long a client lives. Offer income options that fit client needs. Can help clients maximize their income, receive increasing income over time or ensure they always get back what they put in. A variable annuity may be appropriate for some as a part of an overall financial plan for retirement. Clients should read the appropriate prospectus for complete details before investing. Variable Annuities + Immediate Annuities Not subject to ordinary income tax until withdrawals begin. Ability to make exchanges and change allocations without current tax consequences No contribution limits or MEC concerns for funding Variable Immediate

10. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. Who might benefit from this strategy? 10 years from taking income in retirement Exposure to tax-inefficient assets High marginal income tax rates May be expecting lower income taxes in retirement Benefit more from compounding growth over time Assets that deliver returns that are taxed at relatively high rates Top three federal income tax brackets; high state taxes In retirement, may be in lower tax bracket or move to state with lower or no income taxes

11. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. Make MetLife a part of your team 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.

12. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. Important Disclosures Variable Annuity Investment Performance Is Not Guaranteed. Prospectuses for variable annuities issued by a MetLife insurance company, and for the investment portfolios offered thereunder. The contract prospectus contains information about the contract’s features, risks, charges and expenses. Investors should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. The investment objectives, risks and policies of the investment options, as well as other information about the investment options, are described in their respective prospectuses. Clients should read the prospectuses and consider this information carefully before investing. Product availability and features may vary by state. Clients should refer to the contract prospectus for more complete details regarding the living and death benefits. There is no guarantee that any of the variable investment options in this product will meet their stated goals or objectives. The account value is subject to market fluctuations and investment risk so that, when withdrawn, it may be worth more or less than its original value, even when an optional protection benefit rider is elected. Annuities are long-term investments designed for retirement purposes. MetLife annuities have limitations, exclusions, charges, termination provisions and terms for keeping them in force. MetLife annuities 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 and rider guarantees, including optional benefits and annuity payout rates, are subject to the claims-paying ability and financial strength of the issuing insurance company.

13. FOR PRODUCER OR BROKER/DEALER USE ONLY. NOT FOR PUBLIC DISTRIBUTION. Important Disclosures Withdrawals of taxable amounts are subject to ordinary income tax and if made before age 59½, may be subject to a 10% Federal income tax penalty. Some broker/dealers and financial professionals may refer to the 10% Federal income tax penalty as an “additional tax” or “additional income tax,” or use the terms interchangeably when discussing withdrawals taken prior to age 59½. 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. Withdrawals will reduce the living and death benefits and account value. Withdrawals may be subject to withdrawal charges. 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. The Single Premium Immediate Annuity is issued by MetLife Insurance Company USA, Charlotte, NC 28277 on Policy Form Series MLIU-SPIA (07/06) and in New York, only by First MetLife Investors Insurance Company, New York, NY 10166 on Policy Form Series FMLI-SPIA (07/06). The Preference Premier® variable annuity is issued by Metropolitan Life Insurance Company on Policy Form PPS (07/01) and is offered through MetLife Securities, Inc. Variable annuities, other than Preference Premier, are issued by MetLife Insurance Company USA on Policy Form 8010 (11/00) and in New York, only by First MetLife Investors Insurance Company on Policy Form 6010 (02/02) (collectively and singly, MetLife). All variable products are distributed by MetLife Investors Distribution Company (member FINRA). All are MetLife companies. Not A Deposit Not FDIC-Insured Not Insured By Any Federal Government Agency Not Guaranteed By Any Bank Or Credit Union May Go Down In Value BDVA71270 L0615427202[0816] © 2015 METLIFE, INC.