Vendor Relationships

Income for Life Annuity Program

MissionSquare Retirement partners with MetLife to make annuities available through the Income for Life Annuity Program. MetLife compensates MissionSquare Retirement for providing administrative services in support of the program. The fee is 80 basis points (0.8%) per year of the purchase amount of the annuity for a period of five years. During the one-year period ending June 30, 2021, MissionSquare Retirement received compensation in the amount of $800.00 from MetLife.

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