Complaint Review: MetLife Insurance Co.
- MetLife Insurance Co.
P.O. Box 10356
Des Moines, Iowa
United States of America
- Phone: 1800 560-5001
- Category: Insurance Companies
MetLife Insurance Co. Deceptive client advice, unauthorized outrageous administrative fees Des Moines, Iowa
*Consumer Comment: Question
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/reports/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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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