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MetLife seeks reduced income-benefits for VAs

MetLife Inc., the top seller of variable annuities, is seeking permission from regulators to sell two new income benefits featuring lower withdrawal percentages for its variable annuity riders.

MetLife Inc., the top seller of variable annuities, is seeking permission from regulators to sell two new income benefits featuring lower withdrawal percentages for its variable annuity riders.
The riders, GMIB Max II and the GMIB Plus IV, were filed with the Securities and Exchange Commission Aug.

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