- Report: #795342
Report - Rebuttal - Arbitrate
Complaint Review: MetLife Insurance Co.
MetLife Insurance Co.P.O. Box 10356 Des Moines, Iowa United States of America
MetLife Insurance Co. Deceptive client advice, unauthorized outrageous administrative fees Des Moines, Iowa
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I asked the advice from my local MetLife agent who told me that I would have to pay the state and federal taxes when I made the withdrawal. After the transaction was completed and I received my check there was a $3500. processing fee taken from my retirement savings.
I was never advised that there would be any fee and feel this is beyond reasonable and also a deceptive business practice. Shame on you MetLife for stealing money from a teacher's retirement annuity.
Please help with any legal recourse I can take.
This report was posted on Ripoff Report on 11/05/2011 06:32 AM and is a permanent record located here: http://www.ripoffreport.com/r/MetLife-Insurance-Co/Des-Moines-Iowa-50306/MetLife-Insurance-Co-Deceptive-client-advice-unauthorized-outrageous-administrative-795342. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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