Income annuities are primarily for those who are in or near retirement. These types of annuities can help turn a portion of your savings into guaranteed income for life.
- You can choose to receive a lump sum or regular payouts for life or a specified period of time.
- Your money isn’t tied to market performance. Consider these annuities for the conservative part of your savings plan.
SYMETRA ADVANTAGE INCOME
Fill the income gap between early retirement and Social Security.
SYMETRA FREEDOM INCOME
Longevity insurance1 that lets you spend without concern during your early retirement years.
SYMETRA INCOME BUILDER
Get 10 years of guaranteed income, plus a one-time pay raise2 at the beginning of the 6th year.
Income annuities are issued by Symetra Life Insurance Company, 777 108th Ave. NE, Suite 1200, Bellevue, WA 98004 and are not available in all U.S. states or any U.S. territory.
Symetra Advantage Income Annuity is a single-premium immediate annuity. Contract form numbers in most states are LIA-26 7/00 for qualified, LIA-27 7/00 for nonqualified for most states and LIA-26/OR 7/00 for qualified and LIA-27/OR 7/00 for nonqualified in Oregon.
Symetra Freedom Income Annuity is a single-premium deferred income annuity issued by Symetra Life Insurance Company. Contract form numbers in most states are LIA-76 2/08 and LIA-80 3/08 and LIA-76/OR 8/10 and LIA-80/OR 3/08 in Oregon. Not available in Connecticut or any U.S. territory. There is no cash surrender value with this contract and no withdrawals are permitted in the deferral period.
Symetra Income Builder Annuity is a single premium fixed annuity. Contract form numbers are LIA-47 12/04 or a state variation and LIA-61/OR 12/04 in Oregon.
Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company.
1 Longevity insurance is a concept, not the name of a product. Some states define longevity insurance as an annuity with payout option only with no death benefit.
2 "Pay raise" means an increase in annuity payments based on built-in formula within the product.