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 interest credited—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.
Multiple ways to access your money
You have 4 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 (MVA) feature. In Oregon, Symetra Edge Pro Indexed Fixed Annuity is issued as an individual single premium indexed fixed deferred annuity with an MVA feature. Annuities are issued by Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004. Contract form number is RSC-0415 1/14 in most states. In Oregon, Contract form number is RSC-0415/OR/NQ2 1/14. Product is not available in all states or any U.S. territory.
Market value adjustment feature does not apply in CA.
Annuity contracts have terms and limitations for keeping them in force. Please call your insurance producer or advisor for complete details.
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.
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.
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.
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.
The S&P 500® Index and the S&P GSCI® Excess Return Index are products of S&P Dow Jones Indices LLC ("SPDJI"), and have been licensed for use by Symetra Life Insurance Company (Symetra). Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); GSCI® and the S&P GSCI® Excess Return Index are trademarks of S&P and these trademarks have been licensed for use by SPDJI and its affiliates and sublicensed for certain purposes by Symetra. The S&P GSCI Excess Return Index is not owned, endorsed, or approved by or associated with Goldman Sachs & Co. or its affiliated companies. Symetra Edge Pro® Fixed Indexed Annuity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, their third party licensors and none of SPDJI, Dow Jones, S&P nor their respective affiliates or third party licensors make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index or the S&P GSCI® Excess Return 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. Clients should consult their 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.
1The guaranteed minimum value (GMV) is 100% of purchase payments accumulated at the nonforfeiture rate, less any prior withdrawals or partial annuitizations accumulated at the nonforfeiture rate each year, minus any applicable surrender charges. Prior withdrawals are after the effect of any surrender charge (if applicable). Nonforfeiture rate varies by contract issue date and is not redetermined after issue. Current nonforfeiture rate: 1.00%. Rates are subject to change without notice.
2Not available in CA or MA. The Nursing Home and Hospitalization Waiver is not available in all states. Surrender charges and any applicable MVA are waived after 30 days of confinement in a nursing home or hospital, and up to 90 days after release. There is a one-year waiting period if already confined in a hospital or nursing home on the first contract day.
3May vary by state. See fact sheet for more information.