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MetLife Growth and Guaranteed IncomeSM Annuity (MGGI)

At-A-Glance

What is it? MetLife Growth and Guaranteed IncomeSM (MGGI) is a deferred variable annuity featuring a guaranteed[?] withdrawal for life and a death benefit backed by MetLife. It features the Fidelity® VIP FundsManager® 60% Portfolio, a single, all-in-one investment solution[?]. VIP FundsManager 60% is a 'fund of funds' portfolio which invests in a variety of mutual funds and maintains an appropriate target asset allocation mix of 60% equity, 35% fixed income and 5% money market portfolios. MGGI is available to investors exclusively through Fidelity Investments.

Who is it right for? This annuity is designed for individuals either transitioning into, or living in, retirement who are seeking to establish a guaranteed source of income for their lifetime or the lifetime of spouses.

What are the benefits? MGGI is designed to provide individuals with a combination of benefits -- namely guaranteed income that is protected from down markets for life (through the use of a lifetime withdrawal benefit), future portfolio and income growth potential[?], and flexibility and access to assets (excess withdrawals, however, may reduce future payments and be subject to a surrender charge)[?]. It may also satisfy minimum required distribution[?] requirements, and provides protection for beneficiaries[?].

How does it work? Individuals fund the annuity using a portion of their existing retirement savings (including tax-deferred accounts like IRAs) or employer-sponsored accounts such as a 401(k) plan[?], with a $50,000 minimum investment.

An individual purchases MGGI with a single payment and the annuity provides a withdrawal benefit that is guaranteed each year for the rest of his or her life once the youngest annuitant reaches age 59½. Individuals can choose to take income (withdrawals) immediately, defer their income for as long as they wish, or take additional withdrawals should the need arise3. On each contract anniversary, the withdrawal benefit automatically recalculates and the individual’s income payment may increase (up to age 85) if their contract value has reached a new high point2. Increases in the withdrawal benefit amount are then “locked in” for the future and guaranteed not to decrease if the investor’s portfolio loses value due to poor market performance in the future.

Costs include a 1.90 percent annual annuity charge for single life coverage and a 2.05 percent charge for joint life coverage. A 2 percent surrender fee is also applied in years 1 to 5 to all withdrawals in excess of the guaranteed withdrawal amount or taken prior to the youngest annuitant’s age 59½. Underlying fund expenses also apply.

Hypothetical Example:

Linda is 65 years old and retired recently. She invests a portion of her retirement rollover assets into MetLife Growth and Guaranteed Income. She purchases a single contract with an initial investment of $200,000, locking in an initial “floor” of $833 (5 percent of initial investment) for future guaranteed monthly income payments. She chooses to receive those payments right away.

Over the next five years, her contract value grows with the market to $223,117. Because the market is up on each contract anniversary and her contract value reaches a new high point, her guaranteed income payments automatically increase. The income payments increase and will not go down, regardless of how the market performs, unless excess withdrawals are taken. At age 70, Linda’s monthly withdrawal payment has increased to $930.

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During the following five years, Linda continues to take income payments as the market declines. Even though her contract value drops, her monthly income payment of $930 is guaranteed.

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Even in the event that Linda’s annuity returns 0 percent each year for 10 years and Linda’s contract value declines, she is still guaranteed to receive a minimum of $833 in guaranteed monthly income payments, which was her ‘floor’ when she made her initial $200,000 investment. And, if Linda needs to tap into her funds early to help pay for unexpected medical bills or some other emergency expense, she can take additional withdrawals beyond her income payments, although doing so can lead to lower future guaranteed income payments.

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For additional information, please visit incomeplus or call a Fidelity Annuity Specialist at: 800-544-2442.

MetLife Growth and Guaranteed Income annuity (Policy Form Series No. 8800 (10/09)) is issued by MetLife Investors USA Insurance Company (MLIUSA), 5 Park Plaza, Suite 1900, Irvine, CA 92614 and, in New York (Policy Form Series No. 6800 (10/09)), only by Metropolitan Life Insurance Company, 200 Park Avenue, New York, NY 10166 (each, a "MetLife" company). MLIUSA and Metropolitan Life Insurance Company are affiliates. The contract's financial guarantees are solely the responsibility of the issuing insurance company. Fidelity Brokerage Services, Member NYSE, SIPC, and Fidelity Insurance Agency, Inc., are the distributors; they are not affiliated with any MetLife company.

Before investing, consider the investment objectives, risks, charges, and expenses of the variable

annuity and its investment options. Call or write to Fidelity or visit for a free prospectus containing this information. Please read the prospectus and consider this information carefully before investing. Product availability and features may vary by state. Please refer to the contract prospectus for more complete details regarding the living and death benefits.

The contract value is subject to market fluctuations and investment risk so that, when withdrawn, it may be worth more or less than its original value.

Any discussion of taxes herein or related to this document is for general information purposes only and does not purport to be complete or cover every situation. Tax law is subject to interpretation and legislative change. Tax results and the appropriateness of any product for any specific taxpayer may vary depending on the facts and circumstances. You should consult and rely on your own independent legal and tax advisors regarding your particular set of facts and circumstances.

Withdrawals of taxable amounts are subject to ordinary income tax and, if made.

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. If applicable, withdrawals will reduce the living and death benefits and contract value. Withdrawals may be subject to withdrawal charges.

Like most annuity contracts, MetLife contracts contain withdrawal charges, limitations, exclusions, holding periods, termination provisions and terms for keeping them in force. Contact your representative for complete details.

MetLife is not affiliated with any Fidelity Investments company.

VIP refers to Variable Insurance Products. VIP Portfolios are available for investment only by the separate accounts of insurance companies.

Fidelity, VIP FundsManager and the Fidelity Design logo are registered service marks of FMR LLC.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, and Fidelity Insurance Agency, Inc., are the distributors. This product may not be available in all states.

Fidelity Brokerage Services LLC, Member NYSE, SIPC

900 Salem Street, Smithfield, RI 02917

535659.1.0

© 2009 FMR LLC. All rights reserved.

This annuity is issued by MetLife Investors USA Insurance Company (MLIUSA) and, in New York, only by Metropolitan Life Insurance Company, (each, a "MetLife" company). The contract’s financial guarantees are solely the responsibility of the issuing insurance company.

[1] Guarantees apply to certain insurance and annuity products (not securities, variable or investment advisory products) and are subject to product terms, exclusions and limitations and the insurer’s claims-paying ability and financial strength.

[2] Benefit base will be compared to contract value annually and increased when the contract value exceeds the benefit base on anniversary dates prior to the oldest annuitant reaching age 85. After age 85, customers will no longer be eligible for potential benefit base increases. Withdrawals will reduce the contract value and death benefit and may impact whether your income payments will increase even if your contract value is increasing.

[3] Excess withdrawals and any withdrawal prior to age 59½ may significantly reduce the guaranteed withdrawal benefit amount, and, if taken during the first five contract years, may be subject to a 2% surrender fee. Withdrawals of taxable amounts are subject to ordinary income tax, and, if made before age 59½, may be subject to a 10% IRS penalty. Speak with an Annuity Specialist for details.

[i] The Fidelity VIP FundsManager 60% Portfolio is subject to the volatility of the financial markets in the U.S. and abroad, and may be subject to the additional risks associated with investing in high-yield, small-cap, and foreign securities. Please note that the portfolio’s performance depends on that of the underlying funds in which it invests. The portfolio is managed by Strategic Advisers,® Inc., a subsidiary of FMR LLC.

[ii] This only applies to the assets used to purchase this contract. In order to ensure that you satisfy your minimum required distribution (MRD) penalty free, you must utilize our systematic withdrawal program with either the MRD only or the greater of MRD and guaranteed withdrawal benefit amount option. Additional restrictions apply. Please see the prospectus.

[iii] Beneficiaries may elect to receive contract value or a return of purchase payment, adjusted for withdrawals, payable in periodic payments that annually do not exceed your guaranteed annual income. See the prospectus for details.

[iv] Before purchasing an annuity with IRA or 401(k) assets, you should evaluate how the annuity and IRA or 401(k) compare with respect to benefits, fees, and choice of investment options.

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