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Make Your Money Last a Lifetime

Make sure you don't outlive your money. Consider using some or all of your Investment Plan account balance to purchase a lifetime income guarantee at retirement. The following resources can assist you in understanding a lifetime income guarantee and how to purchase one.

Annuity Quote
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Get your own income annuity quote.
Lifetime Income Video
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Learn about the importance of lifetime income and how to guarantee income for life.
Make Your Money Last a Lifetime Brochure
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Convert your Investment Plan balance into lifetime income.
Secure Income in Retirement
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Learn how a lifetime income guarantee helps John secure income in retirement.
Annuity FAQs
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Decide whether a fixed annuity is right for you by reviewing these FAQs.
Monthly Income
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Retirement income that's as regular as clockwork.
Immediate Annuity Video
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Reasons to purchase an immediate income annuity.
Deferred Annuity Video
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Reasons to purchase a deferred income annuity.
Retirement Income
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Two friends discuss retirement income.
Income Strategy
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Which retirement income strategy is right for you?
Income Annuity Myths
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Myths about income annuities.
Paycheck or Pot of Gold?
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Should you take a lifetime payment or a lump sum?
Retirement Income 101
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Determine where your retirement income will come from.
Retirement Mindset
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Take a quiz to determine your retirement mindset.

Two Ways to Protect Your Retirement Income


Lifetime income guarantees and qualified longevity annuity contracts (QLACs) are two solutions from MetLife that allow you to convert some or all of your Investment Plan balance during retirement into payments to you for your lifetime or payments to your survivor after your death.
 
The examples below assume a $100,000 Investment Plan balance on December 31, 2023, for a 65-year-old female. Joint and Survivor payments assume the designated survivor is a 65-year-old spouse. Your actual quotes will be based on your individual details, such as your age, account balance, and other circumstances. Please note that other payment options and features are available.
 
Lifetime Income Guarantee
Payments begin at age 65		 QLAC
Payments begin at age 75
Single Life — lifetime payments to you $682 $1,638
Joint & Survivor — lifetime payments to you that continue to your survivor after your death $598 $1,249
To learn more about these options, or to purchase one, call the MyFRS Financial Guidance Line at 1-866-446-9377, Option 2 (TRS 711).

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