April 27,
2026
Updating Summary Prospectus For Investors in MetLife Financial Freedom Select® B Class, L Class, C Class, e
Class and e Bonus Class Variable Annuity
Contracts
Issued by Metropolitan Life Separate Account E of Metropolitan Life Insurance Company
This Updating Summary Prospectus includes updating information about MetLife Financial Freedom Select group and individual flexible contribution deferred variable annuity
contracts (“Deferred Annuities” or the “Contracts”) (also referred to herein as “the Contract”) issued by Metropolitan Life Insurance Company ( “MetLife” ,” the “Company,” “we,” “us” or
“our”).
The Prospectus for the Contracts contains more information about the Contracts, including features, benefits, and risks. You can find the current Prospectus and other information about the Contracts online at
https://dfinview.com/metlife/PUFT/MET000211. You can also obtain this information at no cost by calling our Administrative Office at (833) 642-1008, or by sending an email request to RCG@metlife.com. Not all Portfolios are available under all Contracts and You should ask your employer for a list of
available Portfolios.
Additional information about certain investment products, including variable annuity contracts, has been prepared by the Securities and Exchange Commission’s staff and, is available at Investor.gov.
Interests in the Separate Account, the Portfolios and the Fixed Interest Account are not deposits or obligations of, or insured or guaranteed by, the U.S. Government, any bank or other depository institution including the Federal Deposit Insurance Corporation ("FDIC"), the Federal Reserve Board or any other agency or entity or person. MetLife’s obligations under the Contract are subject to its financial strength and claims-paying ability.
The Securities and Exchange Commission (“SEC”) has not approved or disapproved the
Contract or determined that this Prospectus is adequate or complete. Any representation to the contrary is a criminal offense.
UPDATED INFORMATION ABOUT YOUR
CONTRACT
The
information in this Updating Summary Prospectus is a summary of certain Contract features
that have changed since You last received the Prospectus dated April 28, 2025. This may not reflect all of the changes that have
occurred since You entered into your
Contract:
●
For changes in the names of certain Portfolios and any other changes to the Portfolios please refer to Appendix A.
●
For updated Portfolio expense information please refer to "Important Information You Should Consider About
the
Contract" and Appendix A.
●
For updated Portfolio performance information please refer to Appendix A.
IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT
| |
FEES, EXPENSES AND ADJUSTMENTS |
LOCATION IN
PROSPECTUS | ||
| Are there Charges or
Adjustments for Early
Withdrawals? |
Yes. If You withdraw money from the Contract less than 13 Contract years after You purchased the Contract, You may be assessed a Withdrawal Charge of up to 10% of the amount withdrawn. For example, if You purchase a B Class for $100,000 and surrender
your Contract during the first year, You will pay a Withdrawal Charge
of up to $10,000. |
Charges – Withdrawal
Charges | ||
| Are there Transaction
Charges? |
Yes. In addition to Withdrawal Charges, You also may be charged for other transactions, such as transferring Account Value among Divisions or between the Divisions and the Fixed Interest Account.
Although we do not currently charge a fee for transfers of Account
Value among Divisions or between the Divisions and the Fixed
Interest Account, we reserve the right to impose a transfer fee of $25
on transfers in excess of 12 in a Contract Year. Loans
will incur a $75 loan initiation fee. The Loan
Maintenance Fee is $50.00. Loan fees may be waived or
reduced for certain Plans. |
Charges – Transfer Fee | ||
| Are there Ongoing Fees
and Expenses
(annual charges)? |
Yes. The table below describes the fees and expenses that You may pay each year, depending on the investment options and optional benefits You choose. Please refer to your Contract specifications page for information about the specific fees You will pay each year based on the options You have elected. |
Fees | ||
| Annual Fee |
Minimum |
Maximum | ||
| Base Contract (varies by Contract
class) |
0.54%
(1) |
1.49%
(1) | ||
| Portfolio fees and expenses |
0.52%
(2) |
1.38%
(2) | ||
| Optional benefits available for an
additional charge (for a single
optional benefit, if elected) |
0.10%
(3) |
0.95%
(3) | ||
3
| |
FEES, EXPENSES AND ADJUSTMENTS |
LOCATION IN
PROSPECTUS | ||
| |
(1)
Account. The Base Contract Fee includes 0.04% for the Annual Contract Fee. The Annual Contract Fee is $30 annually. The Annual Contract Fee may be waived under certain circumstances. For classes B, C, and L this fee is waived if your
total purchase payments for the prior 12 months are at least
$2,000 on the day the fee is deducted or if your Account
Balance is at least $25,000 on the day the fee is
deducted and for e and e Bonus classes if your Account
Balance is at least $50,000 on the day the fee is
deducted. The fee will be deducted on a pro-rata basis
(determined based upon the number of complete months
that have elapsed since the prior Contract Anniversary)
if You take a total withdrawal of your Account Balance.
This fee will not be deducted if You are on medical
leave approved by your employer or called to active
armed service duty at the time the fee is to be deducted and
your employer has informed us of your status. During the
pay- out phase we reserve the right to deduct this
fee. (2)
(3)
Account Balance in the Separate Account. For the GMIB fee: as
a percentage of your guaranteed minimum income base. For
the LWG fee: as a percentage of your Total Guaranteed
Withdrawal Amount. |
| ||
| Because your Contract is customizable, the choices You make affect
how much You will pay. To help understand the cost of owning your
Contract, the following table shows the lowest and highest cost You could pay each year, based on current charges. This estimate assumes that You do not take withdrawals from the Contract, which
could add Withdrawal Charges that substantially
increase costs. | ||||
| |
Lowest Annual Cost: |
Highest Annual Cost: |
Fees | |
| $1,011 |
$3,226 | |||
| Assumes:
●Investment of $100,000 ●5% annual appreciation
●Least expensive combination of Contract classes and Portfolio
fees and expenses
●No optional benefits ●No sales charges
●No additional purchase payments, transfers or withdrawals |
Assumes:
●Investment of $100,000 ●5% annual appreciation
●Most expensive combination of Contract classes, optional benefits and Portfolio fees and expenses ●No sales charges
●No additional purchase payments, transfers or withdrawals | |||
| |
RISKS |
LOCATION IN
PROSPECTUS | ||
| Is there a Risk of Loss
from Poor
Performance? |
Yes. You can lose money by investing in the Contract, including loss of principal. |
Principal Risks of Investing in the Contract | ||
4
| |
RISKS |
LOCATION IN
PROSPECTUS | ||
| Is this a Short-Term
Investment? |
No. This Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. ●Withdrawal Charges may apply to withdrawals made less than 13 Contract Years after You purchased the Contract. Withdrawal
Charges will reduce the value of your Contract if You withdraw money during that time. ●The benefits of tax deferral and living benefit protections
also mean that the Contract is more beneficial to investors with a long
time horizon.
●Earnings on your Contract are taxed at ordinary income tax rates when You withdraw them, and You may have to pay a penalty if You take a withdrawal before age 59 1∕2. |
Principal Risks of
Investing in the Contract | ||
| What are the Risks
Associated with the
Investment Options? |
●An investment in the Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options available under the Contract (e.g., Portfolios).
●Each investment option (including the Fixed Interest Account investment option) will have its own unique risks. ●You should review these investment options before making an investment decision. ●Subject to certain limitations, if your Account Balance falls
below the minimum Account Balance or is not sufficient to
pay the Contract charges, we may terminate your
Contract. |
Principal Risks of
Investing in the Contract | ||
| What are the Risks
Related to the
Insurance Company? |
An investment in the Contract is subject to the risks related to the
Company. Any obligations (including under the Fixed Interest
Account), guarantees, or benefits, including any death
benefit, are subject to the claims-paying ability of the
Company and our long term ability to make such payments,
and are not guaranteed by any other party. MetLife is regulated as an insurance company under
state law, which generally includes limits on the amount and type of
investments in its general account. However, there is no
guarantee that we will be able to meet our claims paying
obligations; there are risks to purchasing any insurance
product. More information about the Company, including
its financial strength ratings, is available upon request
or by visiting https://www.metlife.com/about-us/ corporate-profile/ratings/. |
Principal Risks of Investing in the Contract | ||
5
| |
RESTRICTIONS |
LOCATION IN
PROSPECTUS | ||
| Are there Restrictions
on the Investment
Options? |
Yes. Although we do not currently charge a fee for transfers of Account Value among Divisions or between the Divisions and the Fixed Interest Account, we reserve the right to impose a transfer fee
of $25 on transfers in excess of 12 in a Contract Year. The Lifetime
Withdrawal Guarantee imposes restrictions and limitations
on your choice of Portfolios. These restrictions and
requirements are intended to protect the Company and
reduce the likelihood that we will have to pay guaranteed
benefits under the Lifetime Withdrawal Guarantee out of
our own assets. The restrictions and requirements could
result in your missing out on some or all positive investment performance by certain of the Portfolios — this means your opportunity for investment gains may be limited. We reserve the right to add, remove or substitute Portfolios. The Company also has policies and procedures that attempt to detect and deter frequent transfers in situations where we determine there is a potential for arbitrage trading, and in those
instances, there are additional limits that apply to
transfers. |
Charges – Transfer Fee | ||
| Are there any
Restrictions on
Contract Benefits? |
Yes. Many optional benefits limit or restrict the Portfolios You may select under the Contract. We may change these restrictions in the future. You are required to have a certain Contract Value for some optional
benefits. If withdrawals reduce Your Contract below this value, your
optional benefits may be reduced or terminated.
Withdrawals that exceed limits specified by the terms of an optional
benefit may affect the availability of the benefit by
reducing the benefit by an amount greater than the value
withdrawn, and/or could terminate the
benefit. If your annuity was issued in connection with an
employer plan, You should check with your employer
regarding the availability of riders. |
Benefits Available Under
the
Contract | ||
| |
TAXES |
LOCATION IN
PROSPECTUS | ||
| What are the Contract's
Tax Implications? |
●You should consult with a tax professional to determine the tax
implications of an investment in and purchase payments
received under the Contract.
●There is no additional tax benefit if You purchase the Contract through a tax-qualified plan or individual retirement account (IRA). ●If your Contract was purchased through a tax-qualified plan
or IRA, withdrawals will be subject to ordinary income
tax. If your Contract is not tax-qualified, earnings on
your Contract will be
subject to ordinary income tax when You withdraw them. You may
also have to pay a penalty if You take a withdrawal before age
59 1∕2. |
Federal Tax
Considerations | ||
| |
CONFLICTS OF INTEREST |
LOCATION IN
PROSPECTUS | ||
| How are Investment
Professionals
Compensated? |
Your investment professional may receive compensation for selling
this Contract to You, both in the form of commissions and because
MetLife may share the revenue it earns on this Contract with the professional’s firm. This conflict of interest may influence your
investment professional to recommend this Contract over another
investment. |
Who Sells the Deferred
Annuities | ||
6
| |
CONFLICTS OF INTEREST |
LOCATION IN
PROSPECTUS | ||
| Should I Exchange My
Contract? |
Some investment professionals may have a financial incentive to
offer You a new Contract in place of the one You own. You should
only exchange your Contract if You determine, after comparing the
features, fees, and risks of both contracts, and any fees or penalties
to terminate the existing contract, that it is better for You to
purchase the new contract rather than continue to own your existing
Contract. |
Exchanges/Transfers | ||
7
IMPORTANT TERMS YOU SHOULD KNOW
Account Balance, Account Value or Contract Value — When You purchase a Deferred
Annuity, an account is set up for You. Your Account
Balance (also referred to as Account Value or Contract Value) is the total amount of money
in your Deferred Annuity, including money in the Divisions of the Separate
Account and the Fixed Interest Account.
Accumulation Unit Value
— With a Deferred Annuity, money paid-in or transferred into a Division of the Separate Account is
credited to You in the form of Accumulation Units. Accumulation Units are established for
each Division. We determine the value of these Accumulation Units as of the close of the New York Stock Exchange (the “Exchange”) each day the Exchange is open for regular trading. The Exchange usually closes at 4 p.m. Eastern Time but may close earlier or later. The values increase or decrease based on the investment performance of the
corresponding underlying Portfolios. In addition to the investment performance of the Portfolios, the deduction of the Separate Account charge also affects a Division’s Accumulation Unit Value.
Administrative Office — Our Administrative Office varies based on the type of service request or transaction that You are
making. The most recent correspondence or quarterly statement sent to You will have the address and telephone number that You can use to contact us for specific
transactions and requests. We will notify You if there are changes to this information.
Annuitant — The natural person whose life is the measure for determining the duration and the dollar amount of
income payments, sometimes referred to as the measuring life.
Annuity Unit — An accounting unit of measure used to calculate the amount of Annuity Payments.
Annuity Unit Value — With a variable Pay-Out Option, the money paid-in or reallocated into a Division of the Separate
Account is held in the form of Annuity Units. Annuity Units are established for each Division. We determine the value of these Annuity Units as of the close of the Exchange each day the Exchange is open for regular trading. The Exchange usually closes at 4 p.m. Eastern Time but may close earlier or later. The values increase or decrease based on the investment performance of the corresponding underlying Portfolios, the
experience factor for the current valuation period, the daily AIR factor and the Separate Account charge.
Assumed Investment Return (AIR)
— Under a variable Pay-Out Option, the AIR is the
assumed percentage rate of return used to determine the amount of the first variable income payment. The AIR is also the benchmark that is used to calculate the investment performance of a given Division to determine all subsequent payments to
You.
Beneficiary — The person or persons who receive a benefit, including continuing payments or a lump sum payment, in the
event the Contract Owner or Annuitant, as applicable, dies.
Contract — A Contract is the legal
agreement between You and MetLife or between
MetLife and the employer, plan trustee or other entity or the certificate issued to You under a group annuity contract. The Contract contains relevant provisions of your Deferred Annuity.
Contract Anniversary — An anniversary of the date we issue the Deferred Annuity.
Contract Owner — The person(s) or entity entitled to ownership rights under this Contract.
Contract Year — Generally, the Contract Year for a Deferred Annuity is the period ending on the last day of the month
in which the anniversary of when we issued the annuity occurs and each following 12-month period.
8
However, depending on underwriting and plan requirements, the first Contract Year may range from the initial three to fifteen months after the Deferred Annuity is issued.
Deferred Annuity — This term is used throughout this Prospectus when we are referring to Financial Freedom Select Variable
Deferred Annuity Contracts.
Divisions — Divisions are subdivisions of the Separate Account. When
You allocate a purchase payment, transfer money or make reallocations of your Account Balance to a Division, the Division purchases shares of a Portfolio (with the same name).
Free Look — You may cancel your
Contract within a certain time period. This is known as a “Free Look.” We must
receive your request to cancel in writing by the appropriate day in your state, which varies from state to state. The time period may also vary depending on your age and whether You purchased your Contract
from us directly, through the mail or with money from another annuity or life insurance policy. Depending on state law, we may refund (i) all of your purchase payments (and any interest credited by the Fixed Interest Account, if applicable) or (ii) your Account Balance
as of the date your refund request is received at our Administrative Office in Good Order
(this means
You bear the risk of any decline in the value of your Contract due to the performance of the Divisions
during the Free Look period).
Good Order — A request or transaction generally is considered in “Good Order” if it complies with our administrative procedures and the required information is complete and
correct. A request or transaction may be rejected or delayed if not in Good Order. Good Order generally
means the actual receipt by us of the instructions relating to the requested transaction in writing (or, when permitted, by telephone, facsimile (also referred to as
“fax”), email or internet) along with all forms, information and supporting legal documentation necessary to effect the transaction. This information and documentation generally includes to the extent applicable to the transaction: your completed application; your Contract number; the transaction amount (in dollars or percentage terms); the names and allocations to and/or
from the Division affected by the requested transaction; the signatures of all Contract
Owners (exactly as indicated on the Contract), if necessary; Social Security Number or Tax
I.D.; and any other information or supporting documentation that we may require, including any spousal consents. With respect to purchase payments, Good Order also generally includes receipt by us of sufficient funds to effect the purchase. We may, in our sole
discretion, determine whether any particular transaction request is in Good Order, and we
reserve the right to change or waive any Good Order requirement at any time. If You have any questions, You
should contact us or your sales representative (where applicable) before submitting the form or request.
MetLife — MetLife is Metropolitan Life Insurance Company which is the company that issues the Deferred Annuities. Throughout this Prospectus, MetLife is also referred to as “the Company,” “we,” “us” or “our.”
Pay-Out Options/Income Options — These are options that You may elect when You convert your
Contract into a regular stream of income after your “pay-in” or “accumulation” phase. The pay-out phase is often referred to as either “annuitizing” your Contract or taking an income annuity.
Separate Account — Metropolitan Life Separate Account E (“Separate
Account”) is an investment account. All assets contributed to Divisions under the Deferred Annuities and Income Options are pooled in the Separate Account and
maintained for the benefit of investors in Deferred Annuities and Income Options.
Variable Annuity — An annuity with respect to which returns/income payments are based upon the performance of investments
such as stocks and bonds held by one or more underlying Portfolios. You assume the
investment risk for any amounts allocated to the Divisions in a Variable
Annuity.
9
Withdrawal Charge — The Withdrawal Charge is
the amount we deduct from the amount You have withdrawn from your Deferred
Annuity, if
You withdraw money prematurely from a Deferred Annuity. This charge is often referred to as a deferred sales load or back-end sales load.
You — In this Prospectus, depending on the context, “You” is the owner of the Deferred Annuity or Income Option the annuitant under an Income Option or the participant or Annuitant for whom money is invested under certain group arrangements. In cases where we are referring to giving instructions or making payments to us for public employee deferred compensation under Section 457(b) (“PEDC”), Section 451 deferred fee arrangements, Section 451 deferred compensation plans, Section 457(f) deferred compensation plans, Section 457(e)(11) severance and death benefit plans, Section 415(m) qualified governmental excess benefit arrangements, annuities funding certain 403(a), 401(k) and 401(a) plans and Tax Sheltered Annuities (“TSAs”) where the employer retains certain rights, “You” means
the trustee or employer. Under PEDC, Section 451 deferred fee arrangements, Section 451 deferred compensation plans, Section 457(f) deferred compensation plans, Section
457(e)(11) severance and death benefit plans, Section 415(m) qualified governmental excess benefit arrangements, annuities funding certain 401(k), 401(a), 403(a) plans and TSAs where the participant or Annuitant is permitted to choose among investment choices, as well as SEP and SIMPLE Individual Retirement
Annuities, “You” means the participant or Annuitant
who is giving us instructions about the investment choices. In connection with a 403(b) plan termination, as of the date of the Contract or
cash distribution under such plan termination, “You” means the participant who
has received such Contract or cash distribution. The terms “TSA” and “403(b)” are synonymous wherever they appear in this Prospectus and Statement of Additional Information.
10
APPENDIX
A — INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT
The following is a list of Portfolios currently available. More information about the Portfolios is available in the prospectuses for the Portfolios, which may be amended from time to time and can be found online at
https://dfinview.com/metlife/PUFT/MET000211. You can also request this information at no cost by calling (833) 642-1008, by sending an email request to RCG@metlife.com, or through your registered representative. Depending on the optional benefits You choose, You may not be able to invest in certain Portfolio Companies as described below. If your annuity was issued
in connection with an employer plan, not all Portfolios are available under all Contracts and You should ask your employer for a list of available
Portfolios.
The current expenses and performance information
below reflects fees and expenses of the Portfolios, but do not reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance
would be lower if these other charges were included. Each Portfolio Company's past performance is not necessarily an indication of future performance.
| FUND
TYPE |
PORTFOLIO AND
ADVISER/SUBADVISER |
CURRENT
EXPENSES |
PLATFORM
CHARGE |
CURRENT
EXPENSES
+
PLATFORM
CHARGE |
AVERAGE ANNUAL
TOTAL RETURNS
(as of 12/31/2025) | ||
| 1
YEAR |
5
YEAR |
10
YEAR | |||||
| US Equity |
American Funds Growth
Fund(1) - Class 2
Capital Research and
Management CompanySM |
0.58% |
0.25% |
0.83% |
20.24% |
13.37% |
17.97% |
| US Equity |
American Funds Growth-
Income Fund(1) - Class 2
Capital Research and
Management CompanySM |
0.53% |
0.25% |
0.78% |
18.06% |
13.90% |
13.92% |
| Global Equity |
American Funds SMALLCAP
World Fund® *(1)†† - Class
2 Capital Research and
Management CompanySM |
0.90% |
0.25% |
1.15% |
14.64% |
0.49% |
7.23% |
| US Fixed
Income |
American Funds The Bond
Fund of America*(1) - Class 2
Capital Research and
Management CompanySM |
0.47% |
0.25% |
0.72% |
7.26% |
-0.14% |
2.36% |
| Allocation |
American Funds® Aggressive
Allocation Portfolio - Class C
Brighthouse Investment
Advisers, LLC |
0.99% |
— |
0.99% |
19.90% |
9.30% |
10.88% |
| Allocation |
American Funds® Balanced
Allocation Portfolio - Class C
Brighthouse Investment
Advisers, LLC |
0.96% |
— |
0.96% |
17.02% |
7.26% |
8.99% |
| Allocation |
American Funds® Moderate
Allocation Portfolio - Class C
Brighthouse Investment
Advisers, LLC |
0.95% |
— |
0.95% |
14.46% |
5.71% |
7.30% |
A-1
| FUND
TYPE |
PORTFOLIO AND
ADVISER/SUBADVISER |
CURRENT
EXPENSES |
PLATFORM
CHARGE |
CURRENT
EXPENSES
+
PLATFORM
CHARGE |
AVERAGE ANNUAL
TOTAL RETURNS
(as of 12/31/2025) | ||
| 1
YEAR |
5
YEAR |
10
YEAR | |||||
| US Fixed
Income |
BlackRock Bond Income
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: BlackRock Advisors, LLC |
0.63% |
— |
0.63% |
7.68% |
-0.42% |
2.12% |
| US Equity |
BlackRock Capital
Appreciation Portfolio* -
Class B
Brighthouse Investment
Advisers, LLC
Subadviser: BlackRock Advisors, LLC |
0.81% |
— |
0.81% |
12.91% |
10.79% |
15.51% |
| Allocation |
Brighthouse Asset Allocation
100 Portfolio - Class B
Brighthouse Investment
Advisers, LLC |
0.96% |
— |
0.96% |
17.06% |
8.63% |
10.70% |
| Allocation |
Brighthouse Asset Allocation
20 Portfolio* - Class B
Brighthouse Investment
Advisers, LLC |
0.93% |
— |
0.93% |
9.25% |
2.06% |
3.97% |
| Allocation |
Brighthouse Asset Allocation
40 Portfolio - Class B
Brighthouse Investment
Advisers, LLC |
0.91% |
— |
0.91% |
11.50% |
3.84% |
5.69% |
| Allocation |
Brighthouse Asset Allocation
60 Portfolio - Class B
Brighthouse Investment
Advisers, LLC |
0.91% |
— |
0.91% |
13.77% |
5.55% |
7.47% |
| Allocation |
Brighthouse Asset Allocation
80 Portfolio - Class B
Brighthouse Investment
Advisers, LLC |
0.93% |
— |
0.93% |
15.63% |
7.18% |
9.22% |
| US Equity |
Brighthouse Small Cap Value
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Allspring Global Investments, LLC |
1.03% |
— |
1.03% |
-3.21% |
6.43% |
8.07% |
| US Equity |
Brighthouse/Artisan Mid Cap
Value Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Artisan Partners Limited Partnership |
1.03% |
— |
1.03% |
1.57% |
6.77% |
8.05% |
A-2
| FUND
TYPE |
PORTFOLIO AND
ADVISER/SUBADVISER |
CURRENT
EXPENSES |
PLATFORM
CHARGE |
CURRENT
EXPENSES
+
PLATFORM
CHARGE |
AVERAGE ANNUAL
TOTAL RETURNS
(as of 12/31/2025) | ||
| 1
YEAR |
5
YEAR |
10
YEAR | |||||
| US Fixed
Income |
Brighthouse/Franklin Low
Duration Total Return
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Franklin Advisers, Inc. |
0.75% |
— |
0.75% |
5.25% |
2.14% |
2.23% |
| Allocation |
Brighthouse/Wellington
Balanced Portfolio - Class A
Brighthouse Investment
Advisers, LLC
Subadviser: Wellington Management Company LLP |
0.52% |
— |
0.52% |
12.67% |
7.45% |
9.41% |
| US Equity |
Brighthouse/Wellington Core
Equity Opportunities
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Wellington Management Company LLP |
0.87% |
— |
0.87% |
7.54% |
8.02% |
10.45% |
| US Equity |
Brighthouse/Wellington Large
Cap Research Portfolio* -
Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Wellington Management Company LLP |
0.79% |
— |
0.79% |
15.62% |
12.01% |
13.33% |
| Sector |
CBRE Global Real Estate
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: CBRE Investment Management Listed Real Assets LLC |
0.91% |
— |
0.91% |
6.75% |
4.03% |
3.95% |
| Target Date |
Freedom 2025 Portfolio -
Service Class 2
Fidelity Management &
Research Company LLC |
0.71% |
— |
0.71% |
14.23% |
5.25% |
7.75% |
| Target Date |
Freedom 2030 Portfolio -
Service Class 2
Fidelity Management &
Research Company LLC |
0.74% |
— |
0.74% |
15.16% |
5.98% |
8.61% |
| Target Date |
Freedom 2035 Portfolio -
Service Class 2
Fidelity Management &
Research Company LLC |
0.78% |
— |
0.78% |
16.42% |
7.28% |
9.72% |
A-3
| FUND
TYPE |
PORTFOLIO AND
ADVISER/SUBADVISER |
CURRENT
EXPENSES |
PLATFORM
CHARGE |
CURRENT
EXPENSES
+
PLATFORM
CHARGE |
AVERAGE ANNUAL
TOTAL RETURNS
(as of 12/31/2025) | ||
| 1
YEAR |
5
YEAR |
10
YEAR | |||||
| Target Date |
Freedom 2040 Portfolio -
Service Class 2
Fidelity Management &
Research Company LLC |
0.82% |
— |
0.82% |
18.44% |
8.73% |
10.59% |
| Target Date |
Freedom 2045 Portfolio -
Service Class 2
Fidelity Management &
Research Company LLC |
0.85% |
— |
0.85% |
19.53% |
9.16% |
10.82% |
| Target Date |
Freedom 2050 Portfolio -
Service Class 2
Fidelity Management &
Research Company LLC |
0.85% |
— |
0.85% |
19.50% |
9.15% |
10.81% |
| Target Date |
Freedom 2055 Portfolio -
Service Class 2
Fidelity Management &
Research Company LLC |
0.85% |
— |
0.85% |
19.53% |
9.16% |
— |
| Target Date |
Freedom 2060 Portfolio -
Service Class 2
Fidelity Management &
Research Company LLC |
0.85% |
— |
0.85% |
19.53% |
9.17% |
— |
| Target Date |
Freedom 2065 Portfolio -
Service Class 2
Fidelity Management &
Research Company LLC |
0.85% |
— |
0.85% |
19.52% |
9.16% |
— |
| Target Date |
Freedom 2070 Portfolio -
Service Class 2
Fidelity Management &
Research Company LLC |
0.85% |
— |
0.85% |
19.59% |
— |
— |
| International
Equity |
Harris Oakmark International
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Harris Associates L.P. |
0.97% |
— |
0.97% |
32.78% |
6.46% |
6.74% |
| Global Equity |
Invesco Global Equity
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Invesco Advisers, Inc. |
0.83% |
— |
0.83% |
15.60% |
7.30% |
11.00% |
| US Equity |
Invesco Small Cap Growth
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Invesco Advisers, Inc. |
0.99% |
— |
0.99% |
5.83% |
-0.91% |
9.00% |
A-4
| FUND
TYPE |
PORTFOLIO AND
ADVISER/SUBADVISER |
CURRENT
EXPENSES |
PLATFORM
CHARGE |
CURRENT
EXPENSES
+
PLATFORM
CHARGE |
AVERAGE ANNUAL
TOTAL RETURNS
(as of 12/31/2025) | ||
| 1
YEAR |
5
YEAR |
10
YEAR | |||||
| US Equity |
Jennison Growth Portfolio* -
Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Jennison Associates LLC |
0.79% |
— |
0.79% |
13.72% |
10.01% |
16.41% |
| Allocation |
Loomis Sayles Global
Allocation Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Loomis, Sayles & Company, L.P. |
1.04% |
— |
1.04% |
12.59% |
6.25% |
9.22% |
| US Equity |
Loomis Sayles Growth
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Loomis, Sayles & Company, L.P. |
0.80% |
— |
0.80% |
14.90% |
14.77% |
13.91% |
| US Equity |
Loomis Sayles Small Cap Core
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Loomis, Sayles & Company, L.P. |
1.15% |
— |
1.15% |
5.02% |
7.17% |
9.15% |
| US Equity |
Loomis Sayles Small Cap
Growth Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Loomis, Sayles & Company, L.P. |
1.14% |
— |
1.14% |
3.73% |
2.28% |
9.84% |
| US Fixed
Income |
MetLife Aggregate Bond
Index Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: MetLife Investment Management, LLC |
0.51% |
— |
0.51% |
6.80% |
-0.88% |
1.51% |
| US Equity |
MetLife Mid Cap Stock Index
Portfolio - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: MetLife Investment Management, LLC |
0.55% |
— |
0.55% |
6.86% |
8.54% |
10.16% |
A-5
| FUND
TYPE |
PORTFOLIO AND
ADVISER/SUBADVISER |
CURRENT
EXPENSES |
PLATFORM
CHARGE |
CURRENT
EXPENSES
+
PLATFORM
CHARGE |
AVERAGE ANNUAL
TOTAL RETURNS
(as of 12/31/2025) | ||
| 1
YEAR |
5
YEAR |
10
YEAR | |||||
| International
Equity |
MetLife MSCI EAFE® Index
Portfolio - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: MetLife Investment Management, LLC |
0.62% |
— |
0.62% |
30.70% |
8.35% |
7.76% |
| US Equity |
MetLife Russell 2000® Index
Portfolio - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: MetLife Investment Management, LLC |
0.55% |
— |
0.55% |
12.33% |
5.71% |
9.27% |
| US Equity |
MetLife Stock Index
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: MetLife Investment Management, LLC |
0.52% |
— |
0.52% |
17.28% |
13.84% |
14.24% |
| International
Equity |
MFS® Research International
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Massachusetts Financial Services Company |
0.81% |
— |
0.81% |
22.41% |
5.54% |
7.57% |
| Allocation |
MFS® Total Return Portfolio*
- Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Massachusetts Financial Services Company |
0.87% |
— |
0.87% |
10.83% |
6.15% |
7.38% |
| US Equity |
MFS® Value Portfolio* -
Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Massachusetts Financial Services Company |
0.83% |
— |
0.83% |
13.00% |
9.84% |
9.99% |
A-6
| FUND
TYPE |
PORTFOLIO AND
ADVISER/SUBADVISER |
CURRENT
EXPENSES |
PLATFORM
CHARGE |
CURRENT
EXPENSES
+
PLATFORM
CHARGE |
AVERAGE ANNUAL
TOTAL RETURNS
(as of 12/31/2025) | ||
| 1
YEAR |
5
YEAR |
10
YEAR | |||||
| US Equity |
Morgan Stanley Discovery
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Morgan Stanley Investment Management Inc. |
0.90% |
— |
0.90% |
13.19% |
-5.83% |
14.00% |
| US Equity |
Neuberger Berman Genesis
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Neuberger Berman Investment Advisers LLC |
1.06% |
— |
1.06% |
-4.74% |
2.62% |
8.86% |
| US Fixed
Income |
PIMCO Inflation Protected
Bond Portfolio - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Pacific Investment Management Company LLC |
1.38% |
— |
1.38% |
7.74% |
1.15% |
3.09% |
| US Fixed
Income |
PIMCO Total Return
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Pacific Investment Management Company LLC |
0.83% |
— |
0.83% |
8.90% |
-0.07% |
2.30% |
| Allocation |
State Street Moderate ETF
Portfolio - Class B (formerly
known as SSGA Growth and
Income ETF Portfolio -
Class B)
Brighthouse Investment
Advisers, LLC
Subadviser: SSGA Funds Management, Inc. |
0.75% |
— |
0.75% |
16.78% |
7.19% |
7.85% |
| Allocation |
State Street Moderately
Aggressive ETF Portfolio -
Class B (formerly known as
SSGA Growth ETF Portfolio -
Class B)
Brighthouse Investment
Advisers, LLC
Subadviser: SSGA Funds Management, Inc. |
0.78% |
— |
0.78% |
19.23% |
9.01% |
9.31% |
A-7
| FUND
TYPE |
PORTFOLIO AND
ADVISER/SUBADVISER |
CURRENT
EXPENSES |
PLATFORM
CHARGE |
CURRENT
EXPENSES
+
PLATFORM
CHARGE |
AVERAGE ANNUAL
TOTAL RETURNS
(as of 12/31/2025) | ||
| 1
YEAR |
5
YEAR |
10
YEAR | |||||
| US Equity |
T. Rowe Price Large Cap
Growth Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: T. Rowe Price Associates, Inc. |
0.81% |
— |
0.81% |
15.45% |
9.37% |
14.10% |
| US Equity |
T. Rowe Price Mid Cap Growth
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: T. Rowe Price Associates, Inc. is the subadviser T. Rowe Price Investment Management, Inc. is the sub-subadviser |
0.95% |
— |
0.95% |
3.42% |
3.83% |
9.77% |
| US Equity |
T. Rowe Price Small Cap
Growth Portfolio - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: T. Rowe Price Associates, Inc. |
0.76% |
— |
0.76% |
10.00% |
5.48% |
10.60% |
| US Equity |
Victory Sycamore Mid Cap
Value Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Victory Capital Management, Inc. |
0.85% |
— |
0.85% |
2.29% |
9.62% |
9.58% |
| US Fixed
Income |
Western Asset Management
Strategic Bond Opportunities
Portfolio* - Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Western Asset Management Company, LLC |
0.82% |
— |
0.82% |
8.88% |
1.17% |
3.77% |
| US Fixed
Income |
Western Asset Management
U.S. Government Portfolio* -
Class B
Brighthouse Investment
Advisers, LLC
Subadviser: Western Asset Management Company, LLC |
0.75% |
— |
0.75% |
6.81% |
0.35% |
1.57% |
*
The Portfolio is subject to an expense reimbursement or fee waiver arrangement. The
annual expenses shown reflect temporary fee reductions.
(1)
The Portfolio has an additional platform fee of 0.25%. This amount is included in
the Mortality and Expense Risk Charge and is not a separate charge.
A-8
††
Effective May 1, 2026, the American Funds Global Small Capitalization Fund changed
its name to American Funds SMALLCAP World Fund®.
Fixed Option
The following is information on the Fixed Interest Account currently available under the Contract. You should check with your Employer as to whether the Fixed Interest Account is available under your Contract. We reserve the right to restrict purchase payments and transfers to the Fixed Interest Account when the yield on investments is not expected to support the Minimum Guaranteed Interest Rate. We will provide you with written notice before doing so.
| Name |
Term |
Minimum Guaranteed Interest
Rate* |
| Fixed Interest Account |
Initial Interest Rate Term: begins on each calendar quarter and will be credited from the date amounts are allocated to the Fixed Interest Account until the last day of the same calendar quarter of the following year. Renewal Rate Term: 12 months. |
3% |
*
The Minimum Guaranteed Interest Rate varies by Contract and may be higher than the
minimum guaranteed interest rate shown. Check your Contract for the Minimum Guaranteed Interest Rate that applies to your Fixed Interest Account Option.
Investment Allocation Restrictions For Certain Optional Benefits
Index Selector:
If You elect the Index
Selector You are limited to allocating your purchase payments and Account Balance among the
following funding options and the Fixed Interest Account:
MetLife Aggregate Bond Index
MetLife Stock Index
MetLife MSCI EAFE Index
MetLife Russell 2000 Index
MetLife Mid Cap Stock Index
MetLife Stock Index
MetLife MSCI EAFE Index
MetLife Russell 2000 Index
MetLife Mid Cap Stock Index
Lifetime Withdrawal Guarantee
If You elect the Lifetime Withdrawal Guarantee Optional Benefit, You are limited to allocating your purchase payments and Account Balance among the following funding options and the Fixed Interest Account:
Brighthouse Asset Allocation 20
Brighthouse Asset Allocation 40
Brighthouse Asset Allocation 60
Brighthouse Asset Allocation 80
Brighthouse Asset Allocation 40
Brighthouse Asset Allocation 60
Brighthouse Asset Allocation 80
A-9
This Updating
Summary Prospectus incorporates by reference all of the information contained in the Prospectus and the Statement of Additional Information, which are dated the same date
as this Updating Summary Prospectus, and which are legally part of this Updating Summary Prospectus. You can obtain the Prospectus and Statement of Additional Information, without charge, by calling
our Administrative Office at (833) 642-1008, by going online at https://dfinview.com/metlife/PUFT/MET000211, or by sending an email request to RCG@metlife.com. For
Division transfers and purchase payment reallocations, for current information about your
Contract Values, to change or update Contract information such as your billing address, billing mode, Beneficiary or ownership, for information about other Contract transactions, and to ask questions about your Contract, You may call our
Administrative Office at (833) 642-1008.
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Edgar ID: C000003507 (class: B, C, L, e, e bonus)