Shield Level Pay Plus^® II Annuities
Interactive Tool

Hypothetical example for illustrative purposes only. These examples are not representative of past or future performance of a Shield Level Pay Plus II Annuity. Returns are not guaranteed and actual performance may be greater or less than what is shown. The example does not reflect the deduction of the annual rider charge, which will reduce the account value.

¹ The income rider is referred to as the Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider in the prospectus and includes an annual rider charge.

² The Benefit Base will automatically step up to the account value on each contract anniversary if the account value (after deducting any rider charge) is greater than the then-current Benefit Base, or if applicable, after the Rollup Rate has been applied. Step-ups are available through age 90 (contract anniversary prior to 91st birthday) of the older owner.

³ If Joint Life Income is elected, a joint covered person must be added to the contract. The joint covered person must be the spouse of the covered person, cannot be more than 10 years younger than the covered person as determined by the birthdays of the two individuals, and will be considered the primary beneficiary.

⁴ Guaranteed lifetime income depends upon staying within the parameters of the rider.

Brighthouse Shield Level Pay Plus^® II Annuity and Brighthouse Shield Level Pay Plus^® II Advisory Annuity are part of the Brighthouse Financial^® suite of single premium deferred index-linked annuity products referred to as “Shield^® Level Annuities Product Suite” or “Shield^® Level Suite Annuities.”

Each Shield Option will have a term end date, which is the contract anniversary on which the Shield Option ends. Prior to the term end date, the contract owner will receive a notification outlining their maturing Shield Options and the different Shield Options available for transfers at the term end date. The investment amount allocated to each maturing Shield Option will automatically renew into the same Shield Option at the term end date unless the contract owner instructs otherwise. If the same Shield Option is not available, the investment amount will automatically transfer into the Fixed Account at the term end date. If the Fixed Account is not available, the investment amount will automatically transfer into the holding account. See the prospectus for more details.

The rider fee rate is multiplied by the Benefit Base and is considered to be the rider charge. This amount is deducted from your account value for the prior contract year on each contract anniversary.

This material must be preceded or accompanied by a prospectus for Brighthouse Shield Level Pay Plus II Annuity or Brighthouse Shield Level Pay Plus II Advisory Annuity, issued by Brighthouse Life Insurance Company, which contains information about the contract’s features, risks, charges, and expenses. Clients should read the prospectus, which is available from their financial professional, and consider its information carefully before investing. Brighthouse Financial has the right to substitute an index prior to the end of a term if an index is discontinued or we determine that our use of such index should be discontinued.

Brighthouse Shield Level Pay Plus II Annuity and Brighthouse Shield Level Pay Plus II Advisory Annuity are long-term investments designed for retirement purposes. They have limitations, exclusions, charges, termination provisions, and terms for keeping them in force and are not guaranteed by the broker/dealer, insurance agency, underwriter, or any affiliates of those entities from which they were purchased. All representations and contract guarantees, including the death benefit and annuity payout rates, are subject to the claims-paying ability and financial strength of the issuing insurance company. Because the client agrees to absorb all losses beyond their chosen Shield Rate, there is a risk of substantial loss of principal. Please refer to “Principal Risks of Investing in the Contract” in the contract prospectus for more details.

Withdrawals of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59½ may also be subject to a 10% federal income tax penalty. Distributions of taxable amounts from a non-qualified annuity may also be subject to the 3.8% Net Investment Income Tax that is generally imposed on interest, dividends, and annuity income if the modified adjusted gross income exceeds the applicable threshold amount. Withdrawals will reduce the death benefit and account value. When a withdrawal is taken on any day other than the term end date, the value of the Shield Option will be adjusted to reflect any gains or losses attributable to an Interim Value calculation. Losses beyond the elected level of protection could be substantial. Withdrawals may be subject to withdrawal charges. Early or excess withdrawals may reduce the Benefit Base and Net Purchase Payment Amount. See the prospectus for more details.

The Benefit Base is referred to as the GLWB Base in the prospectus. The Benefit Base cannot be withdrawn in a lump sum or paid as a death benefit and is not an amount that is guaranteed to be returned if the contract owner surrenders the contract. Net Purchase Payment Amount is the purchase payment reduced for any early or excess withdrawals and is only applicable to the Market Growth with Rollup version of the GLWB Rider. See the prospectus for more information.

Early or excess withdrawals may affect the amount or ability to receive lifetime income. All guarantees are subject to the claims-paying ability and financial strength of the issuing insurance company. If the account value reduces to zero due to a non-excess withdrawal, or if there are insufficient funds to deduct the rider charge, lifetime income payments will be calculated using the applicable lifetime guarantee rate. If the account value is reduced to zero due to early or excess withdrawals, lifetime income payments will not be received.

In applying the information provided in this material, you should consider your other assets, income, and investments – such as the equity in your home, your Social Security benefits, any IRAs, savings accounts, and other plans that may provide retirement income – as those other assets may not be included in this discussion, model, or estimate.

This material is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax, accounting, investment, or fiduciary advice. Brighthouse Financial and its affiliates did not consider any individual’s circumstances in preparing this information. Clients should confer with their tax, legal, and accounting professionals in addition to consulting with a financial professional.

Brighthouse Shield Level Pay Plus^® II Annuity and Brighthouse Shield Level Pay Plus^® II Advisory Annuity, collectively referred to as “Shield Level Pay Plus^® Annuities” or “Shield Level Pay Plus^® II Annuities,” are index-linked annuities issued by, and product guarantees are solely the responsibility of, Brighthouse Life Insurance Company, Charlotte, NC 28277, on Policy Form 5-213-1 (07/24) (“Brighthouse Financial”). These products are distributed by Brighthouse Securities, LLC (member FINRA). All are Brighthouse Financial affiliated companies. Product availability and features may vary by state or firm. These products are not available in New York. Brighthouse Financial^® and its design are registered trademarks of Brighthouse Financial, Inc. and/or its affiliates.