Fixed annuities can provide a secure future with easy access to your money
1.
10% free withdrawals
Each contract year, you can withdraw up to 10% of your contract value free of any withdrawal charges.
Nursing home & hospitalization waiver
After 30 days in a nursing home or hospital, you can access your contract value. All early and partial withdrawal fees are waived so you have full access to your money when you need it most. A request for distribution must be made within 60 days of leaving the home or hospital.
Income from your annuity
When it comes time to access your money, Symetra Life has options that can address your specific needs. Income options for qualified money are backed by our President's Guarantee. Our President's Guarantee provides that all IRS required distributions are calculated accurately.
If our calculations are wrong, we pay any resulting IRS penalties, assuming that all information provided to us is complete and accurate.
Early withdrawals
If you cash out your fixed annuity at any time, even prematurely, withdrawal charges will never exceed your interest or invade your principal. Symetra Life Insurance Company guarantees you will always receive at least what you contributed, less any prior distributions. It is our Guaranteed Return of Premium.
Charges
Withdrawals in excess of 10% of the contract value per contract may be subject to a withdrawal charge. Different contracts have different withdrawal charge timelines.
1 A 10% IRS tax penalty may apply to amounts withdrawn prior to age 59½.
