Variable deferred annuities are long-term insurance products designed to build retirement income through tax-deferred growth.
- They are tied to market performance, so these annuities have the most growth potential, and also the most risk. Consider them for the longer term, more aggressive part of your savings plan.
- You choose how your money is invested. There are a variety of quality portfolios to select from.
- You receive guaranteed income for life or a specified term. Plus, you get flexible access to your money.
SYMETRA FOCUS
An easy-to-understand variable annuity with 15 lower-fee,1 quality portfolios from names you know and trust.
SPINNAKER®
A traditional variable annuity with 60+ quality portfolios to choose from.
SPINNAKER® ADVISOR
Get the same features as Spinnaker® plus more.
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Before investing, clients should carefully consider the investment objectives, risks, charges and expenses. This and other information is contained in the contract prospectus and the underlying portfolio prospectuses. Clients should call or write their Registered Representative or Symetra for free copies of the prospectuses or visit www.symetra.com for an online copy. Clients should read carefully before investing.
Securities are offered through Symetra Securities, Inc. (SSI). Variable annuities are issued by Symetra Life Insurance Company (SLIC) and are not available in all U.S. states or any U.S. territory. SSI and SLIC are affiliates and are both located at 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004-5135.
Symetra Focus Variable Annuity is a flexible-premium variable deferred annuity issued by Symetra Life Insurance Company. Contract form number is RSC-0007 7/06 and RSC-0007/OR 7/06 in Oregon and is not available in all U.S. states or any U.S. territory.
Spinnaker Variable Annuity is a flexible-premium deferred annuity issued by Symetra Life Insurance Company. Contract form number in most states is LPC-1175 2/04. In Oregon, the contract form number is LPC-1175/OR 5/05 and is not available in all U.S. states or any U.S. territory. .
Spinnaker Advisor Variable Annuity is a flexible premium variable deferred annuity issued by Symetra Life Insurance Company. Contract form number in most states is LPC-1509 11/05 and is not available in all U.S. states or any U.S. territory.
Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company.
Variable annuities, which are suitable for long-term investing, are subject to market risks, including the potential loss of principal invested.
Withdrawals may be subject to federal income tax and a 10% IRS early withdrawal tax penalty may also apply for amounts withdrawn prior to age 59 ½. Consult your attorney or tax advisor for more information.
Spinnaker® is a registered trademark of Symetra Life Insurance Company.
1 Source: 2010 IRI Annuity Factbook, via Morningstar, Inc. In 2009, the industry average variable annuity expense ratio was 2.43%, including M&E 1.24% annual asset based administrative charge .17%, distribution charge .10%, and average portfolio expense ratio without optional riders .92%. In contrast, Symetra Focus Variable Annuity total fee ratio (based on contract values of $250,000 - $499,999.99) is currently 1.63%; including M&E .95%, annual asset based administration charge .25%, distribution charge .0%, and average portfolio expense ratio without optional riders .43% (includes waivers). Surrender charges range from 7% - 4% if withdrawals are made within the first 7 years.