Symetra Edge Pro® gives your money more of a chance to grow by offering two index options — the S&P 500® Index and the S&P GSCI® Excess Return Index.
WHY EDGE PRO?
You can capture some of the market’s upside potential.
Zero downside market risk
Your purchase payment—and any previous gains—are protected from market losses by an interest rate “floor” of 0%.
If you hold the annuity to the end of the surrender charge period, it’s guaranteed to grow at a fixed interest rate of no less than 1%, compounded daily.1
Built for diversification
We built Symetra Edge Pro with two index options—S&P 500 and S&P GSCI Excess Return—each offering two additional interest crediting choices: point-to-point or monthly average.
You have 4 no-cost options for accessing your money during the surrender charge period:
- 30-day free look period
- Free annual withdrawals of up to 10% of the contract value
- Nursing home and hospitalization waiver2
- Annuitization any time after the first 12 months of the contract
5-Year Surrender Charge Schedule3
7-Year Surrender Charge Schedule3
TALK TO AN EXPERT
Symetra Edge Pro Fixed Indexed Annuity is an individual single premium fixed indexed deferred annuity with a market value adjustment feature issued by Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004. Contract form number is RSC-0341 11/10 in most states and in Oregon RSC-0341/OR/NQ 11/10. Product is not available in all U.S. states or any U.S. territory.
If the contract is being funded with multiple purchase payments i.e. 1035 exchanges, funds will be held and the contract will not be issued until all purchase payments have been received. Interest is not credited between the dates the purchase payments are received and the date the contract is issued.
Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company.
Symetra Edge Fixed Pro Indexed Annuity has fixed and indexed accounts. Interest credited to indexed accounts is affected by the value of outside indexes. Values and benefits based on the performance of any index are not guaranteed and may increase or decrease. The contract does not directly participate in any outside investment. You may not be credited with any interest in the indexed accounts due to the method used to calculate and credit interest.
Any index does not include the payment or reinvestment of dividends in the calculation of its performance.
It is not possible to invest in an index.
“Standard & Poor’s®” “S&P®” and “S&P GSCI® Index ” are registered trademarks of Standard & Poor’s Financial Services LLC and have been licensed for use by Symetra Life. Symetra Edge Pro is not sponsored, endorsed, sold or promoted by Standard & Poor’s and Standard & Poor’s does not make any representation regarding the advisability of investing in Symetra Edge Pro. The S&P GSCI® Index is not owned, endorsed, or approved by or associated with Goldman Sachs & Co. or its affiliated companies.
Symetra reserves the right to add or remove any index or indexed interest crediting method options. If any index is discontinued or if the calculation of any index is changed substantially, Symetra reserves the right to substitute a comparable index.
Withdrawals may be subject to federal income taxes and a 10% IRS early withdrawal tax penalty may also apply for amounts taken prior to age 59½. Consult your attorney or tax advisor for more information.
Products and services vary by distributor.
Symetra Edge Pro® is a registered service mark of Symetra Life Insurance Company. 1Our Guaranteed Minimum Value (GMV) promises that the value of the annuity will never drop below 100% of the purchase payment, less any previous withdrawals. Additionally, interest is guaranteed to accrue at a fixed rate of no less than 1% compounded daily, less surrender charges. This nonforfeiture rate is set at the time of purchase. Please consult interest rate sheets for current information.2 Not available in CA and MA. We'll waive your surrender charges or any MVA if you're confined to a nursing home or hospital for at least 30 consecutive days, and for up to 90 days after your release. If you're confined on or before the contract date, you are not eligible for the waiver until after the first contract year.
3May vary by state. See fact sheet for more information.