 |
Sales Center
1-800-706-0700
invest@symetra.com
Call for a Proposal or with any questions.
Weekdays
6 a.m. to 5 p.m. (PT)
9 a.m. to 8 p.m. (ET)
|
|
Top Tools
Symetra Custom 7 Fixed Deferred Annuity offers a competitive interest rate and guaranteed, tax-deferred returns – all in one simple package. When it's time to take income, your clients also enjoy the flexibility of several tax-favored income plans, most of which are backed by our President's Guarantee.1
Product Description
- Three-, five-, or seven-year guaranteed interest rate lock period (with a seven-year surrender charge schedule) provides flexibility.
- Our excellent interest rate renewal history demonstrates competitive interest rates – not just the minimum guaranteed rates.
- The guaranteed minimum interest rate stated on your client's contract, and their earnings, are guaranteed (during the first seven years, the guaranteed minimum interest rate will be 2 percent, thereafter, the rate will never be less than 1.5 percent) – even if current interest rates at that time are lower.
- Free annual withdrawals of up to 10 percent of the contract value per contract year provide access (100 percent access if admitted to a hospital or nursing home for 30 consecutive days or longer and submitted within 60 days of discharge).
- If the contract is surrendered, even prematurely, clients are guaranteed to always receive back what they contributed, less prior withdrawals if they have chosen Guaranteed Return of Purchase Payment at the time of purchase.
- Tax-deferred growth helps clients reach their goals faster thanks to compounding interest and earnings.
- After the first contract year and anytime before their 101st birthday, clients may convert their annuity's accumulated value – with no surrender charges – into a guaranteed income stream.
Access Sales Tools [+]
Review State Availability [+]
Custom 7 Fixed Annuity is available in all U.S. states and the District of Columbia and not available in any U.S. territory.
|
|
Guarantees and benefits are subject to the claims-paying ability of the underlying insurance company. Custom 7 is issued by Symetra Life Insurance Co., 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004, and is not available in all U.S. states or any U.S. territories. Contract form number is RSC-0017 FP 1/07 in most states and RSC-0017/OR 5/09 in Oregon.
1Many of Symetra's income distribution options are backed by our President's Guarantee. We assume total responsibility for ensuring that retirement plan distributions from Symetra annuities are calculated to satisfy the guidelines and requirements established by the Internal Revenue Service. If we make a mistake, we pay the penalty. This assurance is based on the assumption that all information provided to us is complete and accurate.
Withdrawals are subject to ordinary income tax and a 10 percent IRS penalty may occur if taken prior to age 59½
|
