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As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 4/12/23 Brighthouse Separate Account A 485BPOS 5/01/23 12:9.3M Donnelley … Solutions/FA → Brighthouse Separate Account A ⇒ Series VA (offered on & after May 2, 2016) |
Document/Exhibit Description Pages Size 1: 485BPOS Series Va Post-Effective Amendment No. 20 HTML 2.96M 2: EX-99.(C)(V) Form of Brighthouse Securities, LLC Sales HTML 186K Agreement 3: EX-99.(H)(V)(B) Amendment No. 02 to Blackrock Fund HTML 92K Participation Agreement 4: EX-99.(H)(VI)(E) Amendment No. 11 to Janus Aspen Series HTML 33K Participation Agreement 5: EX-99.L Consent of Independent Registered Public HTML 8K Accounting Firm (D&T) 6: EX-99.P Powers of Attorney HTML 241K 8: R1 N-4 HTML 2.50M 10: XML IDEA XML File -- Filing Summary XML 14K 9: XML XBRL Instance -- d441748d485bpos_htm XML 2.77M 7: EX-101.SCH XBRL Schema -- bhf-20230410 XSD 450K 11: JSON XBRL Instance as JSON Data -- MetaLinks 114± 129K 12: ZIP XBRL Zipped Folder -- 0001193125-23-099150-xbrl Zip 546K
Series VA Post-Effective Amendment No. 20 |
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 |
|
Pre-Effective Amendment No. |
☐ |
Post-Effective Amendment No. 20 |
☒ |
and |
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REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |
|
Amendment No. 765 |
☒ |
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A-1 | |
A-1 | |
B-1 | |
B-1 | |
C-1 | |
C-1 | |
D-1 | |
D-1 | |
E-1 | |
E-1 | |
F-1 |
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Fees and Expenses |
Location in Prospectus |
Charges for Early Withdrawals |
For example, if you make an early withdrawal, you could pay a withdrawal charge of up to $ i 7,000 on a $100,000 investment. |
Fee Table and Examples Expenses – Withdrawal Charge |
Transaction Charges |
In addition to withdrawal charges, you also may be charged for the following transactions: transfers of cash value between investment options, which Transfer Fee. Currently, we allow unlimited transfers among the investment options without charge. However, we reserve the right to charge for transfers after
the first 12 transfers per year. |
Fee Table and Examples Expenses – Transfer Fee |
|
Fees and Expenses |
Location in Prospectus |
Ongoing Fees and Expenses (annual charges) |
The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected. |
Fee Table and Examples Expenses – Product Charges Appendix A:Investment Available Under
the Contract | |||
Annual Fee |
Minimum |
Maximum | |||
Base Contract1 |
i 1.31% |
i 1.31% | |||
Investment options (Portfolio Company fees and expenses)2 |
i 0.53% |
i 5.13% | |||
Optional benefits available for an additional charge (for a single optional benefit, if elected) |
i 0.20%3 |
i 1.35%4 | |||
includes the Account Fee. i 2
As a percentage of fund assets before temporary expense reimbursements and/or fee waivers. charge
for the least expensive optional benefit. 4 As a percentage of the optional benefit base, which is a value used to calculate your benefit. This charge is the current charge for the most expensive optional benefit. | |||||
Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, which could add withdrawal charges that substantially increase costs. | |||||
Lowest Annual Cost $ i 1,696 |
Highest Annual Cost $ i 6,856 | ||||
Assumes: |
Assumes: | ||||
•Investment of $100,000 •5% annual appreciation •Least expensive Portfolio Company fees and expenses •No optional benefits transfers, or withdrawals |
•Investment of $100,000 •5% annual appreciation •Most expensive combination of optional benefits and Portfolio Company fees and expenses |
|
Risks |
| |||
Risk of Loss |
i You can lose money by investing in this Contract including loss of principal. |
Principal Risks | |||
Not a Short-Term Investment |
i This Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Withdrawal charges may apply for the first 7 years of the Contract. Withdrawal charges will reduce the value of your Contract if you withdraw money during that time. The benefits of tax
deferral and living benefit protection also mean the Contract is more beneficial to investors with a long time horizon. |
Principal Risks |
|
Risks |
Location in Prospectus |
Risks Associated with Investment Options |
• i An investment in this Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options available under the Contract (e.g., Portfolio Companies). risks. •You should review the prospectuses for the available funds and the investment decision. |
Principal Risks | |||
Insurance Company Risks |
i An investment in the Contract is subject to the risks related to us. Any our claims-paying ability. If we experience financial distress, we may not be able to meet our obligations to you. More information about BLIC, including our financial strength ratings, is available by contacting us at (888) 243- 1968. |
Principal Risks |
|
Restrictions |
| |||
Investments |
• i Currently, we allow unlimited transfers without charge among investment impose a charge for transfers in excess of 12 per year. •We
reserve the right to limit transfers in circumstances of frequent or large transfers. •We reserve the right to remove or substitute the Portfolio Companies available as investment options under the Contract. |
Investment Options | |||
Optional Benefits |
• i Certain optional benefits limit or restrict the investment options that you may select under the Contract. We may change these restrictions in the future. •Certain optional benefits may vary by selling firm. •Withdrawals may reduce the value of an optional benefit by an amount greater than the value withdrawn, which could significantly reduce the value or even terminate the benefit. •We may stop offering an optional benefit at any time for new sales. |
Purchase – Investment Allocation Restrictions for Certain Riders Living Benefits Appendix B:Investment Available
Under the Benefits Offered Under the Contract | |||
|
Taxes |
| |||
Tax Implications |
• i Consult with a tax professional to determine the tax implications of an investment in and payments received under this Contract. •If you purchase the Contract through a tax-qualified plan or individual retirement account, you do not get any additional tax benefit. •You
will generally not be taxed on increases in the value of the Contract until they are withdrawn. Withdrawals will be subject to ordinary income tax, and may be subject to tax penalties if you take a withdrawal before age 59 1∕2. |
Federal Income Tax Status | |||
|
Conflicts of Interest |
| |||
Investment Professional Compensation |
i Your investment professional may receive compensation for selling this Contract to you, in the form of commissions, additional cash benefits (e.g., bonuses), and non-cash compensation. This conflict of interest may influence your investment professional to recommend this Contract over another investment for which the investment professional
is not compensated or compensated less. |
Other Information – Distributor |
|
Conflicts of Interest |
Location in Prospectus | |||
Exchanges |
i If you already own an insurance Contract, some investment professionals may have a financial incentive to offer you a new Contract in place of the one you own. You should only exchange a Contract you already own if you determine, after comparing the features, fees, and risks of both Contracts, that it is better for you to purchase the new Contract rather than continue to
own your existing Contract. |
Replacement of Contracts and Other Exchanges |
Withdrawal Charge (Note 1) |
7% |
|
|
Transfer Fee (Note 2) |
$ i 25 $ i 0 (First 12 per year) |
|
Number of Complete Years from Receipt of Purchase Payment |
Withdrawal Charge |
|
0 |
7 |
|
1 |
6 |
|
2 |
6 |
|
3 |
5 |
|
4 |
4 |
|
5 |
3 |
|
6 |
2 |
|
7 and thereafter |
0 |
Annual Contract Expenses |
|
|
Administrative Expenses (Note 1) |
$ i 30 |
|
Base Contract Expenses (Note 2) |
i 1.30% |
|
(as a percentage of average Account Value) |
|
|
Optional Benefit Expenses (Note 3, Note 4) |
|
|
Optional Death Benefit — Annual Step-Up (as a percentage of average Account Value) |
i 0.20% |
|
Additional Death Benefit — Earnings Preservation Benefit |
i 0.25% |
|
(as a percentage of average Account Value) |
|
|
Guaranteed Withdrawal Benefit (GWB) Rider Charges (Note 5) |
|
|
(as a percentage of the Total Guaranteed Withdrawal Amount (Note 6)) |
|
|
GWB v1 — maximum charge |
i 1.80% |
|
GWB v1 — current charge |
i 0.90% |
|
Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider Charges |
|
|
(as a percentage of the Benefit Base (Note 7)) |
|
|
|
Maximum Charge |
Current Charge |
FlexChoice Access (Note 8) |
i 2.00% |
i 1.35% |
FlexChoice (Note 8) |
2.00% |
1.20% |
GLWB Death Benefit Rider Charges (Note 9) |
|
|
(as a percentage of the GLWB Death Benefit Base (Note 10)) |
|
|
GLWB Death Benefit — maximum charge |
i 1.20% |
|
GLWB Death Benefit — current charge |
i 0.65% |
|
|
Minimum |
Maximum |
|
|
|
i (expenses that are deducted from Investment Portfolio assets, including management fees, distribution and/or service (12b-1) fees, and other expenses) |
i 0.53% |
i 5.13% |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$ i 16,661 |
$ i 33,430 |
$ i 48,841 |
$ i 83,420 |
minimum |
$ i 12,060 |
$ i 20,518 |
$ i 28,773 |
$ i 50,300 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$ i i 9,661 / |
$ i i 28,030 / |
$ i i 45,241 / |
$ i i 83,420 / |
minimum |
$ i i 5,060 / |
$ i i 15,118 / |
$ i i 25,173 / |
$ i i 50,300 / |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$13,461 |
$24,444 |
$34,870 |
$60,336 |
minimum |
$8,860 |
$11,096 |
$13,378 |
$21,171 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
maximum |
$6,461 |
$19,044 |
$31,270 |
$60,336 |
Time Periods | ||||
|
1 year |
3 years |
5 years |
10 years |
minimum |
$1,860 |
$5,696 |
$9,778 |
$21,171 |
Annual Step-Up Death Benefit |
0.20% |
Additional Death Benefit — Earnings Preservation Benefit |
0.25% |
Number of Complete Years from Receipt of Purchase Payment |
Withdrawal Charge (% of Purchase Payment) |
0 |
7 |
1 |
6 |
2 |
6 |
3 |
5 |
4 |
4 |
5 |
3 |
6 |
2 |
7 and thereafter |
0 |
i Name of Benefit |
i Purpose |
Standard or Optional |
Maximum Annual Fee |
Current Charges |
i Brief Description of Restrictions / Limitations |
i Dollar Cost Averaging Program |
i Standard |
i No Charge |
N/A |
i •Available only during the Accumulation phase •Not available with the GWB rider or GLWB rider | |
i Enhanced Dollar Cost Averaging (EDCA) Program |
i Allows you to systematically transfer amounts from the EDCA account in the general account, to any available Investment Portfolio(s) you select |
i Standard |
i No Charge |
N/A |
i •Available only during the Accumulation phase •Transfers only available from the EDCA account •Generally only available for new Purchase Payments
or portions thereof •Not available in Oregon |
i Three Month Market Entry Program |
i Allows you to systematically transfer amounts from the EDCA account in the general account, to any available Investment Portfolio(s) you select, over a three months period |
i Standard |
i No Charge |
N/A |
i •Available only during the Accumulation phase •Transfers only available from the EDCA account •Transfers are limited to a three month duration |
i Automatic Rebalancing Program |
i Allows us to automatically rebalance your Account Value to return to your original percentage allocations |
i Standard |
i No Charge |
N/A |
i •Available only during the Accumulation phase •If you have selected the GWB v1 rider or GLWB rider, with or without the GLWB Death Benefit rider, available for automatic rebalancing |
i Systematic Withdrawal Program |
i Allows you to set up an automatic payment of up to 10% of your total Purchase Payments each year |
i Standard |
i No Charge |
N/A |
i •Each payment must be at least $100 (unless we consent otherwise) •In the first Contract Year, only monthly or quarterly payments are allowed |
Name of Benefit |
Purpose |
Standard or Optional |
Maximum Annual Fee |
Current Charges |
Brief Description of Restrictions / Limitations |
i Nursing Home or Hospital Confinement Rider |
i Allows you to withdraw Account Value without a withdrawal charge |
i Standard |
i No Charge |
N/A |
i •Must own contract for at least one year •You or your joint owner must be confined for at least 90 days •Confinement must be prescribed
by a physician and be medically necessary •Terminates on Annuity Date •Not available for owners 81 or older on the contract issue date •Not available in Massachusetts or South Dakota |
i Terminal Illness Rider |
i Allows you to withdraw Account Value without a withdrawal charge |
i Standard |
i No Charge |
N/A |
i •Must own contract for at least one year to incur no withdrawal charge •Must be terminally ill and not expected to live more than 12 months; a physician certifies to your
illness and life expectancy; you were not diagnosed with the terminal illness as of the date we issued your contract; and you have been the Owner continuously since the contract was issued (or have become the Owner as the spousal Beneficiary who continues the contract) •Terminates on Annuity Date •Not available for owners 81 or older on the contract issue date •Not available in Massachusetts |
i Standard Death Benefit – Principal Protection |
i Pays a minimum death benefit at least equal to the greater of the Account Value or total Purchase Payments adjusted for any withdrawals |
i Standard |
i No Charge |
N/A |
i •Withdrawals may proportionately reduce the benefit, and such reductions could be significant |
Name of Benefit |
Purpose |
Standard or Optional |
Maximum Annual Fee |
Current Charges |
Brief Description of Restrictions / Limitations |
i Annual Step-Up Death Benefit |
i Pays a death benefit equal to the greater of your Account Value, your total Purchase Payments adjusted for any withdrawals, or your Step- Up Value |
i Optional |
i 0.20% of average daily net asset value of each Investment Portfolio |
i 0.20% of average daily net asset value of each Investment Portfolio |
i •Must be 79 or younger at the effective date of your contract •Withdrawals may proportionately reduce the benefit, and such reductions could be significant |
i Death Benefit – Earnings Preservation Benefit |
i Pays an additional death benefit that is intended to help pay part of the income taxes due at the time of death of the Owner or Joint Owner |
i Optional |
i 0.25% of average daily net asset value of each Investment Portfolio |
i 0.25% of average daily net asset value of each Investment Portfolio |
i •Must be 79 or younger at the effective date of your contract •This benefit may not be available for qualified plans •Not
available in Washington |
i Guaranteed Withdrawal Benefit (GWB v1) |
i Guarantees that at least the entire amount of Purchase Payments you make will be returned to you through a series of withdrawals regardless of investment performance |
i Optional |
i 1.80% of the Total Guaranteed Withdrawal Amount |
i 0.90% of the Total Guaranteed Withdrawal Amount |
i •Available to owners 80 or younger •You may not have this benefit and another living benefit rider (the Guaranteed Lifetime Withdrawal Benefit) in
effect at the same time •You may elect to cancel the GWB rider on the contract anniversary every five Contract Years for the first 15 Contract Years and annually thereafter •Benefit subject to Investment Portfolio allocation restrictions •While the GWB rider is in effect, you are limited to
making Purchase Payments within the GWB Purchase Payment Period •Certain withdrawals could significantly reduce or even terminate the benefit •Not available in California, Oregon, and Vermont •Payment Enhancement Feature is only available if the oldest Owner is age 75 or
younger at the contract issue date and not available in Connecticut, Illinois, or South Dakota |
Name of Benefit |
Purpose |
Standard or Optional |
Maximum Annual Fee |
Current Charges |
Brief Description of Restrictions / Limitations |
i Guaranteed Lifetime Withdrawal Benefit – FlexChoice Access Level |
i Provides lifetime minimum income regardless of investment performance |
i Optional |
i 2.00% of the Benefit Base |
i 1.35% of the Benefit Base |
i •Available to owners at least age 50 and not older than 85 •Offers a fixed GLWB Withdrawal Rate and GLWB Lifetime Guarantee Rate throughout
your lifetime •You may elect to cancel the GLWB rider on the Contract anniversary every five Contract Years for the first 10 Contract Years and annually thereafter •Benefit subject to Investment Portfolio allocation restrictions •Certain withdrawals could significantly reduce or
even terminate the benefit |
i Guaranteed Lifetime Withdrawal Benefit – FlexChoice Access Expedite |
i Provides lifetime minimum income regardless of investment performance |
i Optional |
i 2.00% of the Benefit Base |
i 1.35% of the Benefit Base |
i •Available to owners at least age 50 and not older than 85 •Offers a higher GLWB Withdrawal Rate while your Account Value is greater
than zero and a reduced GLWB Lifetime Guarantee Rate if your Account Value is reduced to zero •You may elect to cancel the GLWB rider on the Contract anniversary every five Contract Years for the first 10 Contract Years and annually thereafter •Benefit subject to Investment Portfolio allocation
restrictions •Certain withdrawals could significantly reduce or even terminate the benefit |
Guaranteed Lifetime Withdrawal Benefit – FlexChoice Level |
Provides lifetime minimum income regardless of investment performance |
Optional |
2.00% of the Benefit Base |
1.20% of the Benefit Base |
•No longer available •Offers a fixed GLWB Withdrawal Rate and GLWB Lifetime Guarantee Rate throughout your lifetime •Benefit subject to Investment Portfolio allocation restrictions •Certain withdrawals could significantly reduce or even
terminate the benefits |
Name of Benefit |
Purpose |
Standard or Optional |
Maximum Annual Fee |
Current Charges |
Brief Description of Restrictions / Limitations |
Guaranteed Lifetime Withdrawal Benefit – FlexChoice Expedite |
Provides lifetime minimum income regardless of investment performance |
Optional |
2.00% of the Benefit Base |
1.20% of the Benefit Base |
•No longer available •Offers a higher GLWB Withdrawal Rate while your Account Value is greater than zero and a reduced GLWB Lifetime Guarantee Rate if your Account Value is reduced to zero •Benefit subject to Investment Portfolio allocation restrictions •Certain withdrawals could significantly reduce or even terminate the benefits |
i GLWB Death Benefit |
i Provides a death benefit equal to the greater of: GLWB Death Benefit Base or the Principal Protection death benefit |
i Optional |
i 1.20% of the GLWB Death Benefit Base |
i 0.65% of the GLWB Death Benefit Base |
i •Available to owners at least age 50 and not older than age 65 •The GLWB Death Benefit may only be elected if you have also elected the GLWB rider, which has Investment
Portfolio restrictions •Certain withdrawals could significantly reduce or terminate the benefit |
GWB Rider |
Date First Available |
Date Last Available |
GWB Withdrawal Rate |
GWB Purchase Payment Period |
Payment Enhancement Rate2 |
Rider Charge | |
GWB v11 |
05/02/16 |
— |
if first withdrawal taken before 5th contract anniversary |
5.0% |
120 days from contract issue date |
150% |
Maximum Charge: 1.80% of the Total Guaranteed Withdrawal Amount Current Charge: 0.90% of the Total Guaranteed Withdrawal Amount |
if first withdrawal taken on or after 5th contract anniversary but before 10th contract anniversary |
6.0% | ||||||
if first withdrawal taken on or after 10th contract anniversary |
7.0% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | ||
10/03/221 |
— |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Charge: 1.35% of the Benefit Base |
59 1∕2 to less than 65 |
4.25% |
4.25% |
3.25% | |||||||
65+ |
5.25% |
5.25% |
4.25% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | ||
07/20/20 |
10/02/22 |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Charge: 1.35% of the Benefit Base |
59 1∕2 to less than 65 |
3.75% |
3.75% |
2.75% | |||||||
65+ |
4.75% |
4.75% |
3.75% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | ||
11/12/18 |
7/19/20 |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Charge: 1.35% of the Benefit Base |
59 1∕2 to less than 65 |
4.35% |
4.35% |
3.35% | |||||||
65 to less than 75 |
5.35% |
5.35% |
4.35% | |||||||
75 to less than 80 |
5.60% |
5.60% |
4.60% | |||||||
80+ |
6.10% |
6.10% |
5.10% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | ||
07/23/18 |
11/11/18 |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Charge: 1.35% of the Benefit Base |
59 1∕2 to less than 65 |
4.25% |
4.25% |
3.25% | |||||||
65 to less than 75 |
5.25% |
5.25% |
4.25% | |||||||
75 to less than 80 |
5.50% |
5.50% |
4.50% | |||||||
80+ |
6.00% |
6.00% |
5.00% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | ||
02/12/18 |
07/22/18 |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Charge: 1.35% of the Benefit Base |
59 1∕2 to less than 65 |
4.00% |
4.00% |
3.00% | |||||||
65 to less than 75 |
5.00% |
5.00% |
4.00% | |||||||
75 to less than 80 |
5.25% |
5.25% |
4.25% | |||||||
80+ |
5.75% |
5.75% |
4.75% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | |||
10/03/221 |
— |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Age When Account Value is Reduced to Zero |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Charge: 1.35% of the Benefit Base |
59 1∕2 to less than 65 |
5.25% |
79 or younger |
2.50% |
2.00% | |||||||
80+ |
3.00% |
2.25% | |||||||||
65+ |
7.25% |
79 or younger |
3.00% |
2.25% | |||||||
80+ |
3.00% |
2.25% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | |||
07/20/20 |
10/02/22 |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Age When Account Value is Reduced to Zero |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Charge: 1.35% of the Benefit Base |
59 1∕2 to less than 65 |
5.00% |
79 or younger |
2.50% |
2.00% | |||||||
80+ |
3.00% |
2.25% | |||||||||
65+ |
6.00% |
79 or younger |
3.50% |
2.75% | |||||||
80+ |
4.00% |
3.25% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | |||
11/12/18 |
07/19/20 |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Age When Account Value is Reduced to Zero |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Charge: 1.35 of the Benefit Base% |
59 1∕2 to less than 65 |
5.00% |
79 or younger |
3.75% |
2.75% | |||||||
80+ |
4.00% |
3.00% | |||||||||
65 to less than 75 |
6.00% |
79 or younger |
4.75% |
3.75% | |||||||
80+ |
5.00% |
4.00% | |||||||||
75 to less than 80 |
6.00% |
79 or younger |
4.75% |
3.75% | |||||||
80+ |
5.00% |
4.00% | |||||||||
80+ |
6.75% |
79 or younger |
N/A |
N/A | |||||||
80+ |
5.75% |
4.75% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | |||
07/23/18 |
11/11/18 |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Age When Account Value is Reduced to Zero |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Charge: 1.35% of the Benefit Base |
59 1∕2 to less than 65 |
5.00% |
79 or younger |
3.50% |
2.50% | |||||||
80+ |
3.75% |
2.75% | |||||||||
65 to less than 75 |
6.00% |
79 or younger |
4.50% |
3.50% | |||||||
80+ |
4.75% |
3.75% | |||||||||
75 to less than 80 |
6.00% |
79 or younger |
4.50% |
3.50% | |||||||
80+ |
4.75% |
3.75% | |||||||||
80+ |
6.75% |
79 or younger |
N/A |
N/A | |||||||
80+ |
5.50% |
4.50% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | |||
02/12/18 |
07/22/18 |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Age When Account Value is Reduced to Zero |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Chargee: 1.35% of the Benefit Base |
59 1∕2 to less than 65 |
5.00% |
79 or younger |
3.00% |
2.00% | |||||||
80+ |
3.25% |
2.25% | |||||||||
65 to less than 75 |
6.00% |
79 or younger |
4.00% |
3.00% | |||||||
80+ |
4.25% |
3.25% | |||||||||
75 to less than 80 |
6.00% |
79 or younger |
4.00% |
3.00% | |||||||
80+ |
4.25% |
3.25% | |||||||||
80+ |
6.75% |
79 or younger |
N/A |
N/A | |||||||
80+ |
5.00% |
4.00% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | ||
05/02/16 |
02/11/181 |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Charge: 1.20% of the Benefit Base |
59 1∕2 to less than 65 |
4.00% |
4.00% |
3.00% | |||||||
65 to less than 75 |
5.00% |
5.00% |
4.00% | |||||||
75 to less than 80 |
5.25% |
5.25% |
4.25% | |||||||
80+ |
5.75% |
5.75% |
4.75% |
Date First Available |
Date Last Available |
Rollup Rate |
Rollup Rate Period End Date |
Lifetime Withdrawal Age |
Minimum Spousal Age |
GLWB Withdrawal Rate (When Account Value is greater than $0)2 |
GLWB Lifetime Guarantee Rate (When Account Value is reduced to $0) |
Rider Charge | |||
05/02/16 |
02/11/181 |
5.00% |
10th Contract Anniversary |
59 1∕2 |
Your Spouse's Date of Birth may not be more than 10 years after your Date of Birth. |
Age at 1st Withdrawal After Age 59 1∕2 |
Withdrawal Rate |
Age When Account Value is Reduced to Zero |
Single Lifetime Guarantee Rate |
Joint Lifetime Guarantee Rate |
Maximum Charge: 2.00% of the Benefit Base Current Charge: 1.20% of the Benefit Base |
59 1∕2 to less than 65 |
5.00% |
79 or younger |
3.00% |
2.00% | |||||||
80+ |
3.25% |
2.25% | |||||||||
65 to less than 75 |
6.00% |
79 or younger |
4.00% |
3.00% | |||||||
80+ |
4.25% |
3.25% | |||||||||
75 to less than 80 |
6.00% |
79 or younger |
4.00% |
3.00% | |||||||
80+ |
4.25% |
3.25% | |||||||||
80+ |
6.75% |
79 or younger |
N/A |
N/A | |||||||
80+ |
5.00% |
4.00% |
Issue Age |
Benefit Percentage |
Ages 69 or younger |
40% |
Ages 70-79 |
25% |
If you… |
Your “Applicable Age” is.. |
When born on or before June 30, 1949 |
70 1∕2 |
72 | |
73* | |
Attain age 74 on or after |
75* |
*If you were born in 1959, you should consult your tax adviser regarding your “Applicable Age,” because it is not clear under the SECURE 2.0 Act whether your Applicable Age is age 73 or age 75. |
i Investment Objectives |
Portfolio Company and Adviser/Sub-Adviser |
Current Expenses |
Average Annual Total Returns (as of 12/31/2022) | ||
1 Year |
5 Year |
10 Year | |||
i Seeks high total investment return. |
i BlackRock Global Allocation V.I. Fund — Class III# i BlackRock
Advisors, LLC Subadviser: i BlackRock (Singapore) Limited |
i 1.01% |
- i 16.07% |
i 3.25% |
i 4.81% |
i Seeks capital appreciation and current income. |
i AB Global Dynamic Allocation Portfolio — Class B#* i Brighthouse
Investment Advisers, LLC Subadviser: i AllianceBernstein L.P. |
i 0.89% |
- i 20.43% |
i 0.26% |
i 3.65% |
i Seeks to maximize total return. |
i AB International Bond Portfolio — Class B i Brighthouse
Investment Advisers, LLC Subadviser: i AllianceBernstein L.P. |
i 0.84% |
- i 15.64% |
— |
— |
i Seeks long-term capital appreciation. |
i Allspring Mid Cap Value Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Allspring Global Investments, LLC |
i 0.96% |
- i 4.97% |
i 8.14% |
i 9.73% |
i Seeks a balance between a high level of current income and growth of capital, with a greater emphasis on growth of capital. |
i American Funds® Balanced Allocation Portfolio — Class C‡ i Brighthouse
Investment Advisers, LLC |
i 0.96% |
- i 16.76% |
i 4.29% |
i 6.85% |
i Seeks growth of capital. |
i American Funds® Growth Allocation Portfolio — Class C‡ i Brighthouse
Investment Advisers, LLC |
i 0.99% |
- i 18.52% |
i 5.17% |
i 8.43% |
i Seeks to achieve growth of capital. |
i American Funds® Growth Portfolio — Class C i Brighthouse
Investment Advisers, LLC; Capital Research and Management CompanySM |
i 0.91% |
- i 30.16% |
i 10.80% |
i 13.30% |
Investment Objectives |
Portfolio Company and Adviser/Sub-Adviser |
Current Expenses |
Average Annual Total Returns (as of 12/31/2022) | ||
1 Year |
5 Year |
10 Year | |||
i Seeks a high total return in the form of income and growth of capital, with a greater emphasis on income. |
i American Funds® Moderate Allocation Portfolio — Class C‡ i Brighthouse
Investment Advisers, LLC |
i 0.93% |
- i 14.63% |
i 3.48% |
i 5.54% |
i Seeks capital appreciation and current income. |
i BlackRock Global Tactical Strategies Portfolio — Class B#* i Brighthouse
Investment Advisers, LLC Subadviser: i BlackRock Financial Management, Inc. |
i 0.94% |
- i 18.89% |
i 0.79% |
i 3.69% |
i Seeks to maximize total return, consistent with income generation and prudent investment management. |
i BlackRock High Yield Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i BlackRock Financial Management, Inc. |
i 0.89% |
- i 10.33% |
i 2.49% |
i 4.18% |
i Seeks growth of capital. |
i Brighthouse Asset Allocation 100 Portfolio — Class B‡ i Brighthouse
Investment Advisers, LLC |
i 0.98% |
- i 20.15% |
i 5.16% |
i 8.67% |
i Seeks a balance between a high level of current income and growth of capital, with a greater emphasis on growth of capital. |
i Brighthouse Balanced Plus Portfolio — Class B* i Brighthouse
Investment Advisers, LLC Subadviser: i Overlay Portion: Pacific Investment Management Company LLC |
i 0.93% |
- i 21.81% |
i 1.61% |
i 5.26% |
i Seeks long-term capital appreciation. |
i Brighthouse Small Cap Value Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Delaware Investments Fund Advisers, a series of Macquarie Investment Management Business Trust, and Allspring Global Investments, LLC |
i 1.08% |
- i 13.09% |
i 4.44% |
i 8.79% |
i Seeks capital appreciation. |
i Brighthouse/abrdn Emerging Markets Equity Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i abrdn Investments Limited |
i 1.19% |
- i 25.81% |
- i 1.46% |
i 0.18% |
i Seeks a high level of current income. |
i Brighthouse/Eaton Vance Floating Rate Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Eaton Vance Management |
i 0.93% |
- i 1.60% |
i 2.22% |
i 2.75% |
i Seeks a high level of current income, while seeking preservation of shareholders’ capital. |
i Brighthouse/Franklin Low Duration Total Return Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Franklin Advisers, Inc. |
i 0.72% |
- i 4.74% |
i 0.50% |
i 0.85% |
Investment Objectives |
Portfolio Company and Adviser/Sub-Adviser |
Current Expenses |
Average Annual Total Returns (as of 12/31/2022) | ||
1 Year |
5 Year |
10 Year | |||
i Seeks total return through investment in real estate securities, emphasizing both capital appreciation and current income. |
i CBRE Global Real Estate Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i CBRE Investment Management Listed Real Assets LLC |
i 0.89% |
- i 24.99% |
i 1.77% |
i 3.50% |
i Seeks long-term capital appreciation. |
i Harris Oakmark International Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Harris Associates L.P. |
i 0.97% |
- i 16.00% |
- i 1.94% |
i 4.15% |
i Seeks total return. |
i Invesco Balanced-Risk Allocation Portfolio — Class B#* i Brighthouse
Investment Advisers, LLC Subadviser: i Invesco Advisers, Inc. |
i 0.92% |
- i 12.41% |
i 2.68% |
i 3.75% |
i Seeks capital growth and income. |
i Invesco Comstock Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Invesco Advisers, Inc. |
i 0.81% |
i 0.64% |
i 7.92% |
i 10.92% |
i Seeks capital appreciation. |
i Invesco Global Equity Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Invesco Advisers, Inc. |
i 0.83% |
- i 31.84% |
i 2.79% |
i 7.78% |
i Seeks long-term growth of capital. |
i Invesco Small Cap Growth Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Invesco Advisers, Inc. |
i 1.06% |
- i 35.15% |
i 4.23% |
i 9.83% |
i Seeks to maximize total return. |
i JPMorgan Core Bond Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i J.P. Morgan Investment Management Inc. |
i 0.69% |
- i 12.87% |
i 0.05% |
i 0.81% |
i Seeks capital appreciation and current income. |
i JPMorgan Global Active Allocation Portfolio — Class B#* i Brighthouse
Investment Advisers, LLC Subadviser: i J.P. Morgan Investment Management Inc. |
i 0.97% |
- i 17.54% |
i 1.94% |
i 4.70% |
i Seeks high total investment return through a combination of capital appreciation and income. |
i Loomis Sayles Global Allocation Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Loomis, Sayles & Company, L.P. |
i 1.03% |
- i 23.30% |
i 3.95% |
i 6.73% |
Investment Objectives |
Portfolio Company and Adviser/Sub-Adviser |
Current Expenses |
Average Annual Total Returns (as of 12/31/2022) | ||
1 Year |
5 Year |
10 Year | |||
i Seeks long-term growth of capital. |
i Loomis Sayles Growth Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Loomis, Sayles & Company, L.P. |
i 0.82% |
- i 28.00% |
i 5.28% |
i 10.08% |
i Seeks a balance between growth of capital and current income, with a greater emphasis on growth of capital. |
i MetLife Multi-Index Targeted Risk Portfolio — Class B* i Brighthouse
Investment Advisers, LLC Subadviser: i Overlay Portion: MetLife Investment Management, LLC |
i 0.65% |
- i 21.09% |
i 0.83% |
i 4.36% |
i Seeks capital appreciation. |
i MFS® Research International Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Massachusetts Financial Services Company |
i 0.89% |
- i 17.57% |
i 2.81% |
i 4.75% |
i Seeks total return. |
i PanAgora Global Diversified Risk Portfolio — Class B#* i Brighthouse
Investment Advisers, LLC Subadviser: i PanAgora Asset Management, Inc. |
i 0.96% |
- i 25.66% |
- i 0.05% |
— |
i Seeks maximum real return, consistent with preservation of capital and prudent investment management. |
i PIMCO Inflation Protected Bond Portfolio — Class B i Brighthouse
Investment Advisers, LLC Subadviser: i Pacific Investment Management Company LLC |
i 1.02% |
- i 11.88% |
i 1.83% |
i 0.73% |
i Seeks maximum total return, consistent with the preservation of capital and prudent investment management. |
i PIMCO Total Return Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Pacific Investment Management Company LLC |
i 0.74% |
- i 14.56% |
- i 0.22% |
i 0.81% |
i Seeks capital appreciation and current income. |
i Schroders Global Multi-Asset Portfolio — Class B* i Brighthouse
Investment Advisers, LLC Subadviser: i Schroder Investment Management North America Inc. |
i 0.95% |
- i 20.17% |
- i 0.01% |
i 3.56% |
i Seeks to provide total return, primarily through capital appreciation. |
i SSGA Emerging Markets Enhanced Index Portfolio — Class B i Brighthouse
Investment Advisers, LLC Subadviser: i SSGA Funds Management, Inc |
i 0.96% |
- i 20.32% |
— |
— |
Investment Objectives |
Portfolio Company and Adviser/Sub-Adviser |
Current Expenses |
Average Annual Total Returns (as of 12/31/2022) | ||
1 Year |
5 Year |
10 Year | |||
i Seeks growth of capital and income. |
i SSGA Growth and Income ETF Portfolio — Class B‡ i Brighthouse
Investment Advisers, LLC Subadviser: i SSGA Funds Management, Inc. |
i 0.79% |
- i 15.38% |
i 3.33% |
i 5.40% |
i Seeks growth of capital. |
i SSGA Growth ETF Portfolio — Class B‡ i Brighthouse
Investment Advisers, LLC Subadviser: i SSGA Funds Management, Inc. |
i 0.82% |
- i 15.87% |
i 4.13% |
i 6.64% |
i Seeks long-term capital appreciation by investing in common stocks believed to be undervalued. Income is a secondary objective. |
i T. Rowe Price Large Cap Value Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i T. Rowe Price Associates, Inc. |
i 0.78% |
- i 5.15% |
i 7.15% |
i 10.84% |
i Seeks long-term growth of capital. |
i T. Rowe Price Mid Cap Growth Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i T. Rowe Price Associates, Inc. Sub-Subadviser: T. Rowe Price Investment Management, Inc. |
i 0.95% |
- i 22.53% |
i 7.19% |
i 11.91% |
i Seeks high total return by investing in equity securities of mid-sized companies. |
i Victory Sycamore Mid Cap Value Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Victory Capital Management Inc. |
i 0.84% |
- i 2.70% |
i 9.85% |
i 10.16% |
i Seeks a high level of current income, consistent with preservation of principal. |
i Western Asset Management Government Income Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Western Asset Management Company LLC |
i 0.70% |
- i 14.68% |
- i 0.66% |
i 0.37% |
i Seeks long-term growth of capital. |
i Baillie Gifford International Stock Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Baillie Gifford Overseas Limited |
i 0.98% |
- i 28.81% |
- i 0.49% |
i 4.17% |
i Seeks a competitive total return primarily from investing in fixed- income securities. |
i BlackRock Bond Income Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i BlackRock Advisors, LLC |
i 0.63% |
- i 14.36% |
i 0.06% |
i 1.29% |
Investment Objectives |
Portfolio Company and Adviser/Sub-Adviser |
Current Expenses |
Average Annual Total Returns (as of 12/31/2022) | ||
1 Year |
5 Year |
10 Year | |||
i Seeks long-term growth of capital. |
i BlackRock Capital Appreciation Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i BlackRock Advisors, LLC |
i 0.88% |
- i 37.75% |
i 7.41% |
i 11.39% |
i Seeks a high level of current income consistent with prudent investment risk and preservation of capital. |
i BlackRock Ultra-Short Term Bond Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i BlackRock Advisors, LLC |
i 0.61% |
i 1.18% |
i 0.87% |
i 0.51% |
i Seeks a high level of current income, with growth of capital as a secondary objective. |
i Brighthouse Asset Allocation 20 Portfolio — Class B#‡ i Brighthouse
Investment Advisers, LLC |
i 0.88% |
- i 12.69% |
i 1.53% |
i 2.71% |
i Seeks high total return in the form of income and growth of capital, with a greater emphasis on income. |
i Brighthouse Asset Allocation 40 Portfolio — Class B‡ i Brighthouse
Investment Advisers, LLC |
i 0.87% |
- i 13.84% |
i 2.58% |
i 4.38% |
i Seeks a balance between a high level of current income and growth of capital, with a greater emphasis on growth of capital. |
i Brighthouse Asset Allocation 60 Portfolio — Class B‡ i Brighthouse
Investment Advisers, LLC |
i 0.90% |
- i 15.33% |
i 3.69% |
i 6.07% |
i Seeks growth of capital. |
i Brighthouse Asset Allocation 80 Portfolio — Class B‡ i Brighthouse
Investment Advisers, LLC |
i 0.93% |
- i 17.97% |
i 4.52% |
i 7.53% |
i Seeks long-term capital growth. |
i Brighthouse/Artisan Mid Cap Value Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Artisan Partners Limited Partnership |
i 1.01% |
- i 12.84% |
i 4.56% |
i 8.02% |
i Seeks long-term capital appreciation. |
i Brighthouse/Dimensional International Small Company Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Dimensional Fund Advisors LP |
i 1.05% |
- i 17.70% |
- i 0.07% |
i 5.64% |
i Seeks to provide a growing stream of income over time and, secondarily, long-term capital appreciation and current income. |
i Brighthouse/Wellington Core Equity Opportunities Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Wellington Management Company LLP |
i 0.86% |
- i 5.31% |
i 11.17% |
i 12.50% |
i Seeks maximum capital appreciation. |
i Frontier Mid Cap Growth Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Frontier Capital Management Company, LLC |
i 0.95% |
- i 28.33% |
i 6.13% |
i 10.30% |
Investment Objectives |
Portfolio Company and Adviser/Sub-Adviser |
Current Expenses |
Average Annual Total Returns (as of 12/31/2022) | ||
1 Year |
5 Year |
10 Year | |||
i Seeks long-term growth of capital. |
i Jennison Growth Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Jennison Associates LLC |
i 0.79% |
- i 39.02% |
i 8.14% |
i 12.77% |
i Seeks to track the performance of the Bloomberg U.S. Aggregate Bond Index. |
i MetLife Aggregate Bond Index Portfolio — Class G# i Brighthouse
Investment Advisers, LLC Subadviser: i MetLife Investment Management, LLC |
i 0.57% |
- i 13.33% |
- i 0.48% |
i 0.52% |
i Seeks to track the performance of the Standard & Poor’s MidCap 400® Composite Stock Price Index. |
i MetLife Mid Cap Stock Index Portfolio — Class G i Brighthouse
Investment Advisers, LLC Subadviser: i MetLife Investment Management, LLC |
i 0.59% |
- i 13.50% |
i 6.13% |
i 10.18% |
i Seeks to track the performance of the MSCI EAFE® Index. |
i MetLife MSCI EAFE® Index Portfolio — Class G i Brighthouse
Investment Advisers, LLC Subadviser: i MetLife Investment Management, LLC |
i 0.68% |
- i 14.66% |
i 1.12% |
i 4.08% |
i Seeks to track the performance of the Russell 2000® Index. |
i MetLife Russell 2000® Index Portfolio — Class G i Brighthouse
Investment Advisers, LLC Subadviser: i MetLife Investment Management, LLC |
i 0.61% |
- i 20.46% |
i 3.79% |
i 8.68% |
i Seeks to track the performance of the Standard & Poor’s 500® Composite Stock Price Index. |
i MetLife Stock Index Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i MetLife Investment Management, LLC |
i 0.51% |
- i 18.51% |
i 8.88% |
i 12.00% |
i Seeks capital appreciation. |
i MFS® Value Portfolio — Class B# i Brighthouse Investment Advisers, LLC
Subadviser: i Massachusetts Financial Services Company |
i 0.81% |
- i 6.22% |
i 7.26% |
i 11.00% |
i Seeks high total return, consisting principally of capital appreciation. |
i Neuberger Berman Genesis Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Neuberger Berman Investment Advisers LLC |
i 1.05% |
- i 19.32% |
i 7.43% |
i 10.47% |
i Seeks long-term growth of capital. |
i T. Rowe Price Large Cap Growth Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i T. Rowe Price Associates, Inc. |
i 0.82% |
- i 40.67% |
i 4.65% |
i 11.00% |
Investment Objectives |
Portfolio Company and Adviser/Sub-Adviser |
Current Expenses |
Average Annual Total Returns (as of 12/31/2022) | ||
1 Year |
5 Year |
10 Year | |||
i Seeks to maximize total return consistent with preservation of capital. |
i Western Asset Management Strategic Bond Opportunities Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Western Asset Management Company LLC |
i 0.80% |
- i 16.93% |
- i 0.07% |
i 1.94% |
i Seeks to maximize total return consistent with preservation of capital and maintenance of liquidity. |
i Western Asset Management U.S. Government Portfolio — Class B# i Brighthouse
Investment Advisers, LLC Subadviser: i Western Asset Management Company LLC |
i 0.74% |
- i 9.17% |
- i 0.06% |
i 0.43% |
i Seeks long-term growth of capital. |
i Janus Henderson Global Sustainable Equity Portfolio — Service Shares# i Janus
Henderson Investors US LLC |
i 1.12% |
— |
— |
— |
Optional Benefit |
GWB v1 |
FlexChoice Access GLWB |
FlexChoice GLWB |
GLWB Death Benefit |
AB Global Dynamic Allocation Portfolio |
BlackRock Global Tactical Strategies Portfolio |
Brighthouse Balanced Plus Portfolio |
Invesco Balanced-Risk Allocation Portfolio |
JPMorgan Global Active Allocation Portfolio |
MetLife Aggregate Bond Index Portfolio |
MetLife Multi-Index Targeted Risk Portfolio |
PanAgora Global Diversified Risk Portfolio |
Schroders Global Multi-Asset Portfolio |
Western Asset Management Government Income Portfolio |
AB Global Dynamic Allocation Portfolio |
American Funds® Balanced Allocation Portfolio |
American Funds® Moderate Allocation Portfolio |
BlackRock Global Allocation V.I. Fund |
BlackRock Global Tactical Strategies Portfolio |
Brighthouse Asset Allocation 20 Portfolio |
Brighthouse Asset Allocation 40 Portfolio |
Brighthouse Asset Allocation 60 Portfolio |
Brighthouse Balanced Plus Portfolio |
Invesco Balanced-Risk Allocation Portfolio |
JPMorgan Global Active Allocation Portfolio |
Loomis Sayles Global Allocation Portfolio |
MetLife Multi-Index Targeted Risk Portfolio |
PanAgora Global Diversified Risk Portfolio |
Schroders Global Multi-Asset Portfolio |
SSGA Growth and Income ETF Portfolio |
Platform 1 |
Platform 2 |
|
|
AB Global Dynamic Allocation Portfolio |
AB International Bond Portfolio |
Allspring Mid Cap Value Portfolio |
BlackRock Bond Income Portfolio |
American Funds® Balanced Allocation Portfolio |
BlackRock High Yield Portfolio |
American Funds® Growth Allocation Portfolio |
BlackRock Ultra-Short Term Bond Portfolio |
American Funds® Growth Portfolio |
Brighthouse/Eaton Vance Floating Rate Portfolio |
American Funds® Moderate Allocation Portfolio |
Brighthouse/Franklin Low Duration Total Return Portfolio |
Baillie Gifford International Stock Portfolio |
JPMorgan Core Bond Portfolio |
BlackRock Capital Appreciation Portfolio |
MetLife Aggregate Bond Index Portfolio |
BlackRock Global Allocation V.I. Fund |
PIMCO Inflation Protected Bond Portfolio |
BlackRock Global Tactical Strategies Portfolio |
PIMCO Total Return Portfolio |
Brighthouse Asset Allocation 100 Portfolio |
Western Asset Management Government Income Portfolio |
Brighthouse Asset Allocation 20 Portfolio |
Western Asset Management Strategic Bond Opportunities Portfolio |
Brighthouse Asset Allocation 40 Portfolio |
Western Asset Management U.S. Government Portfolio |
Brighthouse Asset Allocation 60 Portfolio |
|
Brighthouse Asset Allocation 80 Portfolio |
|
Brighthouse Balanced Plus Portfolio |
|
Brighthouse Small Cap Value Portfolio |
|
Brighthouse/abrdn Emerging Markets Equity Portfolio |
|
Brighthouse/Artisan Mid Cap Value Portfolio |
|
Brighthouse/Dimensional International Small Company Portfolio |
|
Brighthouse/Wellington Core Equity Opportunities Portfolio |
|
CBRE Global Real Estate Portfolio |
|
Frontier Mid Cap Growth Portfolio |
|
Harris Oakmark International Portfolio |
|
Invesco Balanced-Risk Allocation Portfolio |
|
Invesco Comstock Portfolio |
|
Invesco Global Equity Portfolio |
|
Invesco Small Cap Growth Portfolio |
|
Janus Henderson Global Sustainable Equity Portfolio |
|
Jennison Growth Portfolio |
|
JPMorgan Global Active Allocation Portfolio |
|
Loomis Sayles Global Allocation Portfolio |
|
Loomis Sayles Growth Portfolio |
|
MetLife Mid Cap Stock Index Portfolio |
|
MetLife MSCI EAFE® Index Portfolio |
|
MetLife Multi-Index Targeted Risk Portfolio |
|
MetLife Russell 2000® Index Portfolio |
|
MetLife Stock Index Portfolio |
|
MFS® Research International Portfolio |
|
MFS® Value Portfolio |
|
Neuberger Berman Genesis Portfolio |
|
Platform 1 |
Platform 2 |
A maximum of 70% of Purchase Payments or Account Value |
A minimum of 30% of Purchase Payments or Account Value |
PanAgora Global Diversified Risk Portfolio |
|
Schroders Global Multi-Asset Portfolio |
|
SSGA Emerging Markets Enhanced Index Portfolio |
|
SSGA Growth and Income ETF Portfolio |
|
SSGA Growth ETF Portfolio |
|
T. Rowe Price Large Cap Growth Portfolio |
|
T. Rowe Price Large Cap Value Portfolio |
|
T. Rowe Price Mid Cap Growth Portfolio |
|
Victory Sycamore Mid Cap Value Portfolio |
|
Platform 1 |
Platform 2 |
|
|
AB Global Dynamic Allocation Portfolio |
American Funds® Balanced Allocation Portfolio |
BlackRock Global Tactical Strategies Portfolio |
American Funds® Moderate Allocation Portfolio |
Brighthouse Balanced Plus Portfolio |
Brighthouse Asset Allocation 20 Portfolio |
Invesco Balanced-Risk Allocation Portfolio |
Brighthouse Asset Allocation 40 Portfolio |
JPMorgan Global Active Allocation Portfolio |
Brighthouse Asset Allocation 60 Portfolio |
MetLife Aggregate Bond Index Portfolio |
SSGA Growth and Income ETF Portfolio |
MetLife Multi-Index Targeted Risk Portfolio |
|
PanAgora Global Diversified Risk Portfolio |
|
Schroders Global Multi-Asset Portfolio |
|
Western Asset Management Government Income Portfolio |
|
|
|
|
|
Account Values | |
Beg of Month |
Amount Allocated to EDCA |
Actual EDCA Transfer |
EDCA Account Value |
1st Payment Bucket |
2nd Payment Bucket |
1 |
$12,000 |
$2,000 |
$10,000 |
$10,000 |
|
2 |
|
$2,000 |
$8,008 |
$8,008 |
|
3 |
|
$2,000 |
$6,015 |
$6,015 |
|
|
|
|
|
Account Values | |
Beg of Month |
Amount Allocated to EDCA |
Actual EDCA Transfer |
EDCA Account Value |
1st Payment Bucket |
2nd Payment Bucket |
4* |
$6,000 |
$3,000 |
$9,020 |
$3,020 |
$6,000 |
5 |
|
$3,000 |
$6,027 |
$22 |
$6,005 |
6 |
|
$3,000 |
$3,032 |
0 |
$3,032 |
7 |
|
$3,000 |
$35 |
0 |
$35 |
8 |
|
$35 |
0 |
0 |
0 |
|
|
|
|
Account Values | |
Beg of Month |
Amount Allocated to EDCA |
Actual EDCA Transfer |
EDCA Account Value |
1st Payment Bucket |
2nd Payment Bucket |
1 |
$24,000 |
$2,000 |
$22,000 |
$22,000 |
|
2 |
|
$2,000 |
$20,018 |
$20,018 |
|
3 |
|
$2,000 |
$18,035 |
$18,035 |
|
4 |
|
$2,000 |
$16,050 |
$16,050 |
|
5 |
|
$2,000 |
$14,063 |
$14,063 |
|
6* |
$12,000 |
$3,000 |
$23,075 |
$11,075 |
$12,000 |
7 |
|
$3,000 |
$20,094 |
$8,084 |
$12,010 |
8 |
|
$3,000 |
$17,111 |
$5,091 |
$12,020 |
9 |
|
$3,000 |
$14,125 |
$2,095 |
$12,030 |
|
|
|
|
Account Values | |
Beg of Month |
Amount Allocated to EDCA |
Actual EDCA Transfer |
EDCA Account Value |
1st Payment Bucket |
2nd Payment Bucket |
10 |
|
$3,000 |
$11,137 |
0 |
$11,137 |
11 |
|
$3,000 |
$8,146 |
0 |
$8,146 |
12 |
|
$3,000 |
$5,153 |
0 |
$5,153 |
13 |
|
$3,000 |
$2,157 |
0 |
$2,157 |
14 |
|
$2,159 |
0 |
0 |
0 |
|
|
Date |
Amount |
A |
Initial Purchase Payment |
9/1/2023 |
$100,000 |
B |
Account Value |
9/1/2024 (First Contract Anniversary) |
$104,000 |
C |
Death Benefit |
As of 9/1/2024 |
$104,000 (= greater of A and B) |
D |
Account Value |
9/1/2025 (Second Contract Anniversary) |
$90,000 |
E |
Death Benefit |
9/1/2025 |
$100,000 (= greater of A and D) |
F |
Withdrawal |
9/2/2025 |
$9,000 |
G |
Percentage Reduction in Account Value |
9/2/2025 |
10% (= F/D) |
H |
Account Value after Withdrawal |
9/2/2025 |
$81,000 (= D-F) |
I |
Purchase Payments Reduced for Withdrawal |
As of 9/2/2025 |
$90,000 (= A-(A × G)) |
J |
Death Benefit |
9/2/2025 |
$90,000 (= greater of H and I) |
Issue Age |
Benefit Percentage |
Ages 69 or younger |
40% |
Ages 70-79 |
25% |
Fiscal year |
Aggregate Amount of Commissions Paid to Distributor |
Aggregate Amount of Commissions Retained by Distributor After Payments to Selling Firms |
2022 |
$666,009,009 |
$0 |
2021 |
$795,080,241 |
$0 |
2020 |
$651,736,999 |
$0 |
Name and Principal Business Address |
Positions and Offices with Depositor |
Chairman of the Board, President, Chief Executive Officer and a Director |
Director and Vice President |
|
Director and Vice President |
Director, Vice President and Chief Investment Officer |
|
Director, Vice President and Chief Financial Officer |
Vice President |
Vice President |
|
Vice President |
Vice President and Controller |
Vice President and Illustration Officer |
Vice President and Appointed Actuary |
Vice President |
|
Vice President and Chief Compliance Officer |
Vice President and Assistant Secretary |
Vice President and Illustration Actuary |
Vice President and Chief Technology Officer |
Chief Derivatives Officer |
Vice President and Chief Risk Officer |
|
Vice President and Tax Director |
Vice President |
Vice President |
|
Vice President – Dividend Actuary |
|
Vice President and Chief Accounting Officer |
|
A. |
Brighthouse Holdings, LLC (DE) | |||
|
1. |
New England Life Insurance Company (MA) | ||
|
2. |
Brighthouse Life Insurance Company (DE) | ||
|
|
a. |
|
Brighthouse Reinsurance Company of Delaware (DE) |
|
|
b. |
|
Brighthouse Life Insurance Company of NY (NY) |
|
|
|
(i.) |
BLICNY Property Ventures, LLC (DE) |
|
|
c. |
|
Brighthouse Connecticut Properties Ventures, LLC (DE) |
|
|
d. |
|
Brighthouse Renewables Holdings, LLC (DE) |
|
|
|
(i.) |
Greater Sandhill I, LLC (DE) |
|
|
e. |
|
Daniel/Brighthouse Midtown Atlanta Master Limited Liability Company (DE) |
|
|
|
(i.) |
1075 Peachtree LLC (DE) |
|
|
f. |
|
Brighthouse Assignment Company (CT) |
|
|
g. |
|
ML 1065 Hotel, LLC (DE) |
|
|
h. |
|
TIC European Real Estate LP, LLC (DE) |
|
|
i. |
|
Euro TL Investments LLC (DE) |
|
|
j. |
|
TLA Holdings LLC (DE) |
|
|
|
(i.) |
The Prospect Company, LLC (DE) |
|
|
k. |
|
Euro TI Investments LLC (DE) |
|
|
l. |
|
TLA Holdings II LLC (DE) |
|
|
m. |
|
BLIC Property Ventures, LLC (DE) |
|
3. |
Brighthouse Securities, LLC (DE) | ||
|
4. |
Brighthouse Services, LLC (DE) | ||
|
5. |
Brighthouse Investment Advisers, LLC (DE) |
Name and Principal Business Address |
Positions and Offices with Underwriter |
11225 North Community House Road |
Manager, President and Chief Executive Officer |
Christopher Hartsfield 11225 North Community House Road |
Vice President and Assistant Secretary |
John Lima 334 Madison Avenue, Floor 3 |
Vice President and Chief Derivatives Officer |
Melissa Pavlovich 11225 North Community House Road |
Vice President and Tax Director |
(1) Name of Principal Underwriter |
(2) Net Underwriting Discounts And Commissions |
(3) Compensation On Redemption |
(4) Brokerage Commissions |
(5) Other Compensation |
Brighthouse Securities, LLC |
$666,009,009 |
$0 |
$0 |
$0 |
|
BRIGHTHOUSE SEPARATE ACCOUNT A (Registrant) | |
|
By: |
BRIGHTHOUSE LIFE INSURANCE COMPANY |
|
By: |
/s/ Donald A. Leintz |
|
|
Vice President |
|
By: |
BRIGHTHOUSE LIFE INSURANCE COMPANY |
|
|
(Depositor) |
|
By: |
/s/ Donald A. Leintz |
|
|
Vice President |
/s/ Eric Steigerwalt* |
Chairman of the Board, President, Chief Executive Officer and a Director |
|
|
/s/ Myles Lambert* |
Director |
|
|
/s/ David A. Rosenbaum* |
Director |
|
|
/s/ Jonathan Rosenthal* |
Director |
|
|
/s/ Edward A. Spehar* |
Director, Vice President and Chief Financial Officer |
|
|
/s/ Kristine Toscano* |
Vice President and Chief Accounting Officer |
|
|
Vice President and Controller | |
|
*By: |
/s/ Michele H. Abate |
|
|
Michele H. Abate, Attorney-In-Fact |
This ‘485BPOS’ Filing | Date | Other Filings | ||
---|---|---|---|---|
1/1/33 | ||||
12/31/32 | ||||
1/1/26 | ||||
Effective on: | 5/1/23 | |||
Filed on: | 4/12/23 | |||
4/6/23 | ||||
1/1/23 | ||||
12/31/22 | 24F-2NT, N-30D, N-CEN, N-VPFS | |||
12/29/22 | ||||
1/1/22 | ||||
12/31/21 | 24F-2NT, N-30D, N-CEN, N-VPFS | |||
1/1/21 | ||||
12/31/20 | 24F-2NT, N-30D, N-CEN, N-VPFS | |||
1/1/20 | ||||
2/12/18 | 497 | |||
12/31/17 | 24F-2NT, N-30D, NSAR-U | |||
8/4/17 | ||||
3/6/17 | 485APOS, 497 | |||
5/2/16 | EFFECT | |||
11/14/14 | 485APOS, EFFECT, N-4 | |||
12/31/12 | 24F-2NT, N-30D, NSAR-U | |||
12/7/07 | ||||
9/24/07 | ||||
11/9/06 | ||||
5/1/06 | 485BPOS | |||
2/12/01 | ||||
1/8/01 | ||||
12/31/99 | 24F-2NT, NSAR-U | |||
List all Filings |
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 4/10/24 Brighthouse Separate Account A 485BPOS 4/29/24 9:11M Donnelley … Solutions/FA 4/26/23 Brighthouse Separate Account A 497VPU 4/26/23 1:530K Donnelley … Solutions/FA 4/26/23 Brighthouse Separate Account A 497VPI 4/26/23 1:813K Donnelley … Solutions/FA |