Help your employees maximize their returns with our low-risk Stable Value solutions.
Traditional Guaranteed Interest
Looking for the added benefit of principal protection for participant-directed defined contribution plans? Traditional GICs invest in MetLife’s general account and provide returns equivalent to similar duration bonds.
MetLife’s Traditional Guaranteed Interest Contracts offer:
Competitive, guaranteed returns
Security and flexibility via a set maturity date and fixed/floating interest rate
Separate Account Guaranteed Interest Contracts (GICs)
If you want the benefit responsiveness of a traditional GIC, but with added investment flexibility, transparency and security in one comprehensive package, then our Separate Account based GIC is what you're looking for.
The Separate Account GIC offers:
Individual account management and investment diversification
Segregation from the insurer’s general account assets
Portfolios that are managed to specific investment guidelines/benchmarks with no fixed maturity — reducing reinvestment risk for contract holders
Transparancey - fees as well as all components of the credited rate calculation are visible to contract holders
A Synthetic GIC can maintain retirement savings and yield steady growth — just as you’d expect from Stable Value.
Synthetic GICs have two components: first, a portfolio of bonds that are owned by the plan or trust and second, an insurance contract issued by MetLife that provides a book value wrap around the underlying investments.1
Contact a MetLife representative to discuss putting Synthetic GIC’s to work for you and your plan participants.
MetLife’s Non-Participating Separate Account Guaranteed Interest Contract (NPSAGIC) is designed to provide stable value funds with the features of traditional GICs coupled with the added security of a Separate Account.
MetLife’s non-participating Separate Account GIC offers:
Funding agreements are investment contracts issued as general account obligations by insurance companies which credit interest at fixed or floating rates. They are privately placed obligations and are typically available to non-qualified investors.
1 Synthetic GIC contracts can be issued by Metropolitan Life Insurance Company, 200 Park Ave. NY, NY 10166 or Metropolitan Tower Life Insurance Company, 5601 South 59th St., Lincoln, NE 68516. Like most guaranteed interest contracts, MetLife contracts contain certain limitations, exclusions and terms for keeping them in force. Ask a MetLife representative for costs and complete details.