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Brighthouse Separate Account A, et al. – ‘485APOS’ on 12/21/07 – ‘EX-99.4(XXXIX)’

On:  Friday, 12/21/07, at 5:02pm ET   ·   Private-to-Public:  Document/Exhibit  –  Release Delayed   ·   Accession #:  1193125-7-270545   ·   File #s:  333-54464, 811-03365

Previous ‘485APOS’:  ‘485APOS’ on 9/19/07   ·   Next:  ‘485APOS’ on 1/16/08   ·   Latest:  ‘485APOS’ on 10/7/21   ·   34 References:   

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

12/21/07  Brighthouse Separate Account A    485APOS¶               6:492K                                   Donnelley … Solutions/FABrighthouse Separate Account A Series VA (offered between March 22, 2001 & October 7, 2011)

Post-Effective Amendment
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 485APOS     Metlife Investors Usa Series Va Post-Effective       123    651K 
                          Amendment No. 27                                       
 6: COVER     ¶ Comment-Response or Cover Letter to the SEC            2±     2K 
 5: EX-99.4(XL)  Lifetime Guaranteed Withdrawal Benefit Rider          8     36K 
 4: EX-99.4(XXXIX)  Guaranteed Minimum Income Benefit Rider            7     29K 
 2: EX-99.4(XXXVII)  Guaranteed Minimum Death Benefit Rider            6     31K 
 3: EX-99.4(XXXVIII)  Form of Contract Schedule                        2±     7K 


‘EX-99.4(XXXIX)’   —   Guaranteed Minimum Income Benefit Rider

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GUARANTEED MINIMUM INCOME BENEFIT RIDER--LIVING BENEFIT This Rider forms a part of the Contract to which it is attached and is effective as of the Effective Date shown on the Contract Schedule. In the case of a conflict with any provision of the Contract, the provisions of this Rider will control, including but not limited to the Enhanced Dollar Cost Averaging (EDCA) Rider. Your election of this Rider is irrevocable and its provisions will remain part of the Contract until terminated in accordance with the provisions below. This Rider amends the Contract as follows: Under this Rider, your Purchase Payment allocations and all transfers, and reallocations of your Account Value must meet the following allocation limits applicable to the Subaccounts and other accounts included by rider as set forth in the section on Allocation, Transfer and Rebalancing below. DEFINITIONS For purposes of the Rider, the term "Effective Date" is defined to mean the date this Rider is issued and made an effective part of your Contract. The Effective Date must be on the Issue Date or a Contract Anniversary. The following is added to the "Annuity Provisions" section: GUARANTEED MINIMUM INCOME BENEFIT We guarantee that your minimum monthly Fixed Income Payment will not be less than the Guaranteed Minimum Income Benefit (GMIB) Payment (less any applicable charges and fees as described in the Contract Schedule or any Rider) provided you meet the eligibility requirements below. If a higher Fixed Income Payment results from applying your total Adjusted Account Value to the then current Fixed Annuity rates applicable to this class of contracts, we will pay you the greater amount. At the Annuity Calculation Date, the GMIB Payment will be determined by applying the Income Base to the GMIB Annuity Table multiplied by the applicable GMIB Payment Adjustment Factor shown on the Contract Schedule. In calculating the GMIB Payment, any Withdrawal Charges that would have applied if you had made a full withdrawal of your Account Value will be deducted from the Income Base. We reserve the right to reduce the Income Base for any Premium and Other Taxes that may apply. INCOME BASE The Income Base is the greater of (a) or (b): (a)Highest Anniversary Value: On the Effective Date we set this value equal to __________________________ your Account Value. If the Effective Date is the same as the Issue Date, we set this value equal to your initial Purchase Payment. During each subsequent Contract Year we increase this value by any Purchase Payments made and reduce it proportionately by the Percentage Reduction, as defined below, in Account Value attributable to any partial withdrawals taken. On every subsequent Contract Anniversary prior to the Last Highest Anniversary Date shown on the Contract Schedule, we compare this value to the current Account Value and we set the Highest Anniversary Value equal to the higher amount. (b)Annual Increase Amount: On the Effective Date we set this amount equal to _____________________ your Account Value. If the Effective Date is the same as the Issue Date, we set this value equal to your initial Purchase Payment. For purposes of this calculation, if this Rider is effective on the Issue Date, all Purchase Payments credited within 120 days of the Issue Date will be treated as if received on the Issue Date. After the Effective Date, this amount will equal: MLIU-560-4 (4/08)
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(i) The sum total of the Annual Increase Amount on the Effective Date and each Purchase Payment accumulated at the Annual Increase Accumulation Rate, shown on the Contract Schedule, prior to the Last Increase Date, shown on the Contract Schedule, from the date the Purchase Payment is made, less (ii)The sum total of each Withdrawal Adjustment, as defined below, for any partial withdrawal accumulated at the Annual Increase Accumulation Rate, prior to the Last Increase Date, from the date of withdrawal. For purposes of calculating the Annual Increase Amount when the GMIB Rider Charge is assessed, the Annual Increase Accumulation Rate will be applied through the end of the prior Contract Year. We define the Percentage Reduction in Account Value attributable to a partial withdrawal as the computation of dividing the dollar amount of the withdrawal plus any applicable Withdrawal Charges by the Account Value immediately preceding such withdrawal. When we reduce a value proportionately by the Percentage Reduction in Account Value attributable to a partial withdrawal we multiply that value by 1 minus the Percentage Reduction. The Withdrawal Adjustment for any partial withdrawal in a Contract Year is defined to equal the Annual Increase Amount immediately prior to the withdrawal multiplied by the Percentage Reduction in Account Value attributable to that partial withdrawal. However, if all partial withdrawals in a Contract Year are payable to the Owner (or Annuitant if the Owner is a non-natural person) or other payees that we agree to in writing and if total partial withdrawals in a Contract Year are not greater than the Annual Increase Amount on the previous Contract Anniversary multiplied by the Dollar-for-Dollar Withdrawal Percentage shown on the Contract Schedule, the total Withdrawal Adjustments for that Contract Year will be set equal to the dollar amount of total partial withdrawals in that Contract Year and treated as a single withdrawal at the end of that Contract Year. GMIB ANNUITY TABLE The guaranteed monthly payout rates per $1000 of Income Base are shown in the GMIB Annuity Tables using the Basis of GMIB Annuity Table shown on the Contract Schedule. The rate applied will depend upon the Annuity Option chosen and the Attained Age and sex of the Annuitant and Joint Annuitant, if applicable. ELIGIBILITY REQUIREMENTS FOR THE GMIB PAYMENT You are only eligible to receive GMIB Payments if: 1. The Owner is a natural person and the Owner is also the Annuitant. If the Owner is a non-natural person then the Annuitant will be considered the Owner for GMIB Payment purposes. If Joint Owners are named, the age of the oldest will be used to determine the Income Base and GMIB Payment, and 2. You choose an Annuity Date that is within 30 days following any Contract Anniversary on or after the GMIB Income Date shown on the Contract Schedule, but no more than 30 days after the GMIB Rider Termination Date shown on the Contract Schedule. However, if your Account Value is fully withdrawn, we set an Annuity Date 30 days following the full withdrawal date, and the GMIB Payment (if any) will be determined using the Income Base after any applicable Withdrawal Adjustment associated with the withdrawal that exhausted your Account Value, and 3. You choose to start receiving Fixed Income Payments under one of the Annuity Options shown on the Contract Schedule. If a single life option is chosen and Joint Owners are named, the age of the oldest will be used to determine the Income Base and the GMIB Payment, and monthly Fixed Income Payments will be made for the lifetime of the oldest Joint Owner. You may name a Joint Annuitant on the Annuity Date for purposes of a Life Income Annuity for Two option provided that the difference in the ages of the Joint Annuitants is 10 years or less (or as permissible under our then current underwriting requirements if more favorable), and MLIU-560-4 (4/08)
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4. Income Payments will be paid as monthly installments or at any frequency acceptable to you and us. If the amount of the Income Base to be applied under an Annuity Option is less than $5,000, we reserve the right to make one lump sum payment in lieu of Income Payments. If the amount of the first Income Payment would be less than $100, we may reduce the frequency of payments to an interval which will result in the payment being at least $100, but no less than annually. GMIB RIDER CHARGE The GMIB Rider Charge is equal to the specified percentage shown on the Contract Schedule multiplied by the Income Base at the end of the prior Contract Year prior to any Optional Step-Up. The charge is assessed for the prior Contract Year at each Contract Anniversary following the Effective Date. If you take a full withdrawal or apply any portion of your Adjusted Account Value to an Annuity Option, a pro rata portion of the GMIB Rider Charge will be assessed based on the number of months from the last Contract Anniversary to the date of withdrawal or application to an Annuity Option. The GMIB Rider Charge may only be changed as a result of an Optional Step-Up. The GMIB Rider Charge will be deducted from your Account Value. This deduction will result in the cancellation of Accumulation Units from each applicable Subaccount (and/or reduction of any portion of the Account Value allocated to any other accounts included by rider) in the ratio that the portion of the Account Value in such Subaccount (and/or other account) bears to the total Account Value. GUARANTEED PRINCIPAL OPTION The Guaranteed Principal Option allows you to elect to receive an adjustment to your Account Value in lieu of receiving GMIB Payments. The adjustment is called the Guaranteed Principal Adjustment, and is equal to (a) - (b) defined below: (a)is the Account Value on the Effective Date reduced proportionately by the Percentage Reduction in Account Value attributable to any partial withdrawals taken. If the Effective Date is the same as the Issue Date, this value is the Purchase Payments credited within 120 days of the Effective Date reduced proportionately by the Percentage Reduction in Account Value attributable to any partial withdrawals taken. (b)is the Account Value on the Contract Anniversary immediately preceding exercise of the Guaranteed Principal Option. The Guaranteed Principal Option may be exercised provided that (a) exceeds (b) as defined above. You may exercise the Guaranteed Principal Option in accordance with our administrative procedures within 30 days following any Contract Anniversary on or after the Guaranteed Principal Option First Exercise Date shown on the Contract Schedule, but no more than 30 days following the GMIB Rider Termination Date shown on the Contract Schedule. The Guaranteed Principal Adjustment will be made at the end of the 30-day window period after the Contract Anniversary immediately preceding receipt of such Notice. The Guaranteed Principal Adjustment will be added to each applicable Subaccount and any other accounts included by rider in the ratio that the Account Value in such Subaccount bears to the total Account Value in all Subaccounts and any other account included by rider. The Guaranteed Principal Adjustment will never be less than zero. If the Guaranteed Principal Option is exercised, this GMIB Rider will terminate on the date the Guaranteed Principal Adjustment is added to the Account Value. MLIU-560-4 (4/08)
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OPTIONAL STEP-UP On any Contract Anniversary on or after the GMIB First Optional Step-Up Date as shown on your Contract Schedule, you may elect an Optional Step-Up provided the amount of time that has elapsed since the last Optional Step-Up is at least equal to the GMIB Optional Step-Up Waiting Period shown on your Contract Schedule. You may elect by Notice, an Optional Step-Up provided that: 1. The Account Value exceeds the Annual Increase Amount immediately before the Step-Up, and 2. Your Attained Age on the Optional Step-Up Date (or the age of the oldest Joint Owner, or of the Annuitant if the Owner is a non-natural person) does not exceed the Maximum Optional Step-Up Age as shown on the Contract Schedule. You may elect an Optional Step-Up by providing Notice to Us in accordance with our administrative procedures. The Optional Step-Up will take effect on the Contract Anniversary following receipt of such Notice. The Optional Step-Up election will: (a)reset the Annual Increase Amount to the Account Value on the Contract Anniversary following receipt of an Optional Step-Up election. All Purchase Payments and Withdrawal Adjustments previously used to calculate the Annual Increase Amount will be set equal to zero on the Step-Up date, and the Account Value on the Step-Up date will be treated as a single Purchase Payment received on that date for purposes of determining the Annual Increase Amount. (b)reset the GMIB Income Date to the Optional Step-Up GMIB Income Date as shown on the Contract Schedule. (c)reset the GMIB Rider Charge to a rate we shall determine that does not exceed the Maximum Optional Step-Up Charge, as shown on your Contract Schedule, provided that this rate will not exceed the rate currently applicable to the same rider available for new contract purchases at the time of Step-Up. ALLOCATION, TRANSFER AND REBALANCING While this Rider is in force, unless otherwise provided in the Contract Schedule, all allocations to or transfers among Subaccounts and any other accounts included by rider are limited as follows: Each Purchase Payment, or your Account Value on the Effective Date, must be allocated in accordance with either subsection (1) or (2) below: 1. You must allocate your Purchase Payments or your Account Value on the Effective Date to the GMIB Subaccounts and to other accounts included by rider shown on the Contract Schedule. 2. You must allocate your Purchase Payments or your Account Value on the Effective Date in accordance with the following allocation requirements: (a)A percentage, at least equal to the Platform 1 Minimum Percentage shown on the Contract Schedule, must be allocated to any combination of Subaccounts that we classify as Platform 1 Subaccounts, and other accounts included by rider shown on the Contract Schedule; (b)A percentage, not to exceed the Platform 2 Maximum Percentage shown on the Contract Schedule, may be allocated to any combination of Subaccounts that we classify as Platform 2 Subaccounts, shown on the Contract Schedule; (c)A percentage, not to exceed the Platform 3 Maximum Percentage shown on the Contract Schedule, may be allocated to any combination of Subaccounts that we classify as Platform 3 Subaccounts, shown on the Contract Schedule; and MLIU-560-4 (4/08)
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(d)A percentage, not to exceed the Platform 4 Maximum Percentage shown on the Contract Schedule, may be allocated to any combination of Subaccounts that we classify as Platform 4 Subaccounts, shown on the Contract Schedule. If you chose to allocate a Purchase Payment to the EDCA Account, then the entire Purchase Payment must be allocated only to the EDCA Account. In addition, all transfers from an EDCA Account must be allocated to the same Subaccounts, and other accounts included by rider, as your most recent allocations for Purchase Payments, or your Account Value on the Effective Date. Your Account Value will be rebalanced on a quarterly basis based on your most recent Purchase Payment allocation among the Subaccounts or other accounts included by rider that complies with the allocation limitations described above. Rebalancing will also occur on a date when a subsequent Purchase Payment is received, if accompanied by new allocation instructions (in addition to the quarterly rebalancing). Quarterly rebalancing will first occur on the date that is three months from the Effective Date; provided however, rebalancing will be made on the 1st day of the following month if a quarterly rebalancing date occurs on the 29th, 30th or 31st of a month. Subsequent rebalancing will be made each quarter thereafter on the same day. In addition, if a quarterly rebalancing date is not a Business Day the reallocation will occur on the next Business Day. Withdrawals from the Contract will not result in rebalancing on the date of withdrawal. You may change your Purchase Payment allocations instructions at anytime upon Notice to us, provided that such instructions must comply with the allocation limits described above in subsections (1) and (2). If you provide new allocation instructions for Purchase Payments and if these instructions conform to the allocation limits described above, future Purchase Payment and EDCA Account transfer allocations and quarterly rebalancing will be made in accordance with the revised allocation instructions. Any transfer request must result in an Account Value that meets the allocation limits described above. Any transfer request will not cause your Purchase Payment allocation instructions to change unless a separate instruction is provided to us at the time of transfer. The Company will determine whether a Subaccount or any other accounts included by rider is classified as Platform 1, Platform 2, Platform 3 or Platform 4. We may determine or change the classification of a Subaccount or other accounts included by rider in the event a Subaccount or its underlying investment option or any other accounts included by rider is added, deleted, substituted, merged or otherwise reorganized. In that case, any change in classification will only take effect as to your Contract in the event you make a new Purchase Payment or request a transfer among Subaccounts and any other accounts included by rider. We will provide you with prior written notice of any changes in classification of Subaccounts or any other accounts included by rider. TERMINATION OF RIDER This Rider will terminate upon the earliest of: (a)The 30th day following the GMIB Rider Termination Date shown on the Contract Schedule; (b)The date you make a full withdrawal of your Account Value; (c)The date there are insufficient funds to deduct the GMIB Rider Charge from your Account Value; (d)The date you annuitize your Contract; (e)A change of the Owner or Joint Owner (or Annuitant if the Owner is a non-natural person), subject to our administrative procedures; (f)The date you assign your Contract, subject to our administrative procedures. MLIU-560-4 (4/08)
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(g)Death of the Owner or Joint Owner (or Annuitant if the Owner is a non-natural person) unless the Beneficiary is the spouse of the Owner and elects to continue the Contract and the GMIB Rider Termination Date; (h)The date the Guaranteed Principal Option takes effect; or (i)Termination of the Contract to which this Rider is attached; or MetLife Investors USA Insurance Company has caused this Rider to be signed by its Secretary. METLIFE INVESTORS USA INSURANCE COMPANY /s/ Richard C. Pearson SECRETARY MLIU-560-4 (4/08)
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GMIB ANNUITY TABLES AMOUNT OF FIRST MONTHLY INCOME PAYMENT PER $1000 OF INCOME BASE ANNUITANT ONLY [Life Annuity with 10 Years of Annuity Payments Guaranteed ATTAINED AGE OF ANNUITANT Male Female ------------------------- ---- ------ 55 3.64 3.42 60 3.97 3.71 65 4.40 4.08 70 4.95 4.57 75 5.65 5.21 80 6.59 6.11 85 8.38 7.70 90 8.38 7.70] [Life Annuity with 10 Years of Annuity Payments Guaranteed Provided No Withdrawals Were Taken Prior to Age 60 and Your Account Value is fully withdrawn. ATTAINED AGE OF ANNUITANT Male Female ------------------------- ---- ------ 55 3.64 3.42 60 5.00 5.00 65 5.00 5.00 70 5.00 5.00 75 5.65 5.21 80 6.59 6.11 85 8.38 7.70 90 8.38 7.70] If you decide to receive Annuity Payments under the Single Life option after age 79, the 10-year guarantee period will be shortened. Please see your Contract Schedule for more details. ANNUITANT AND JOINT ANNUITANT [Joint and Survivor Annuity with 10 Years of Annuity Payments Guaranteed [Enlarge/Download Table] AGE OF FEMALE ANNUITANT ---------------------------------------------------------------------------- ATTAINED AGE OF MALE ANNUITANT 10 YEARS YOUNGER 5 YEARS YOUNGER 0 YEARS YOUNGER 5 YEARS OLDER 10 YEARS OLDER ------------------------------ ---------------- --------------- --------------- ------------- -------------- 55 2.92 3.04 3.16 3.27 3.38 60 3.09 3.24 3.39 3.54 3.67 65 3.30 3.49 3.69 3.88 4.05 70 3.57 3.82 4.08 4.34 4.57 75 3.92 4.25 4.61 4.96 5.25 80 4.38 4.84 5.32 5.78 6.12 85 5.01 5.62 6.25 6.77 7.11 90 5.01 5.62 6.25 6.77 7.11] Monthly payments for ages not shown will be furnished on request. MLIU-560-4 (4/08)

34 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/12/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:3.6M                                   Donnelley … Solutions/FA
 4/12/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:4M                                     Donnelley … Solutions/FA
 4/12/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:7.4M                                   Donnelley … Solutions/FA
 4/12/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:4.3M                                   Donnelley … Solutions/FA
 4/12/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:3.8M                                   Donnelley … Solutions/FA
 4/11/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:3.3M                                   Donnelley … Solutions/FA
 4/11/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:3.3M                                   Donnelley … Solutions/FA
 4/11/24  Brighthouse Separate Account A    485BPOS     4/29/24    3:4.2M                                   Donnelley … Solutions/FA
 4/17/23  Brighthouse Separate Account A    485BPOS     5/01/23    4:3.8M                                   Donnelley … Solutions/FA
 4/17/23  Brighthouse Separate Account A    485BPOS     5/01/23    4:4.1M                                   Donnelley … Solutions/FA
 4/17/23  Brighthouse Separate Account A    485BPOS     5/01/23    4:7.4M                                   Donnelley … Solutions/FA
 4/17/23  Brighthouse Separate Account A    485BPOS     5/01/23    6:4.6M                                   Donnelley … Solutions/FA
 4/17/23  Brighthouse Separate Account A    485BPOS     5/01/23    4:4M                                     Donnelley … Solutions/FA
 4/14/23  Brighthouse Separate Account A    485BPOS     5/01/23    4:3.5M                                   Donnelley … Solutions/FA
 4/14/23  Brighthouse Separate Account A    485BPOS     5/01/23    4:3.4M                                   Donnelley … Solutions/FA
 4/14/23  Brighthouse Separate Account A    485BPOS     5/01/23    6:4.4M                                   Donnelley … Solutions/FA
 4/27/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:4.2M                                   Donnelley … Solutions/FA
 4/27/22  Brighthouse Separate Account A    485BPOS     4/29/22    5:2.9M                                   Donnelley … Solutions/FA
 4/19/22  Brighthouse Separate Account A    485BPOS     4/29/22    5:2.6M                                   Donnelley … Solutions/FA
 4/19/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:4M                                     Donnelley … Solutions/FA
 4/19/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:6.2M                                   Donnelley … Solutions/FA
 4/19/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:4.2M                                   Donnelley … Solutions/FA
 4/19/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:3.9M                                   Donnelley … Solutions/FA
 4/18/22  Brighthouse Separate Account A    485BPOS     4/29/22    6:2.4M                                   Donnelley … Solutions/FA
 4/18/22  Brighthouse Separate Account A    485BPOS     4/29/22    5:2.3M                                   Donnelley … Solutions/FA
 4/18/22  Brighthouse Separate Account A    485BPOS     4/29/22    5:2.9M                                   Donnelley … Solutions/FA
 4/16/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:2.5M                                   Donnelley … Solutions/FA
 4/16/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:9.9M                                   Donnelley … Solutions/FA
 4/16/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:5M                                     Donnelley … Solutions/FA
 4/16/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:2.9M                                   Donnelley … Solutions/FA
 4/16/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:2.6M                                   Donnelley … Solutions/FA
 4/15/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:6.4M                                   Donnelley … Solutions/FA
 4/15/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:2.2M                                   Donnelley … Solutions/FA
 4/15/21  Brighthouse Separate Account A    485BPOS     4/30/21    3:2.8M                                   Donnelley … Solutions/FA
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