Vendor Relationships

Income for Life Annuity Program

ICMA-RC partners with MetLife to make annuities available through the Income for Life Annuity Program. MetLife compensates ICMA-RC 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, 2020, ICMA-RC received compensation in the amount of $3,230.60 from MetLife.

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