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‘Split for Income’: A New Approach to Distribution Diversity Print this page 
By 2030, the retiree population will more than double to an estimated 71.5 million people.1 There’s one issue that tops the list of worries for many retirees: income distribution. For the past 20, 30, and even 40 years, many of these individuals have been on savings-autopilot, preparing for retirement. Your job is to help them successfully develop a distribution plan for their nest eggs, and they’re going to have a lot of questions.
  • “How much can I spend?”
  • “Will my savings last?”
  • “How should I distribute my savings?”
The Answer — Guaranteed Lifetime Income, Like a Pension!
Income annuities from Symetra Life make it easy to answer these questions. They work like a pension in three ways:
  • By reducing uncertainty with sustainable, guaranteed retirement income
  • By helping avoid the danger of outliving income with lifetime income options
  • By generating income that can increase annually and counter the effects of inflation and rising health care costs
Income annuities can be presented in a simple stand-alone sale or used as part of a more sophisticated income planning strategy, such as the new Symetra “Split for Income” strategy.

The Split for Income Strategy is a new way to give your clients a head start on retirement. Split for Income focuses on growth and income, investing a portion of assets in an income annuity, with the remaining assets going into other investment(s) designed for growth. The Split for Income strategy is designed for your clients who are looking for a more streamlined income distribution strategy.

Here’s a hypothetical example of how a Split for Income Strategy can potentially provide inflation-adjusted income for life:


The Split for Income Strategy provides:

Peace of mind
Income annuities from Symetra provide reliable, guaranteed income for your clients, regardless of what is happening in the market. Payments may be monthly, quarterly, semi-annual or annual.

Flexibility and control
Your clients choose their desired income and have the freedom to invest the remaining portion of their funds in whatever investments they see fit.

Reduced fees and expenses
By diversifying your clients’ investments and allocating only a portion of their funds into investments that may be subject to fees and expenses, you can help to lessen their overall costs.

Tax-favored income
Annuity payments are taxed as they are received so your clients’ current tax burden is reduced and spread out over time. Clients should consult their tax advisor for more information.

If you’d like to talk with someone about what a Symetra income annuity can do for your client, or to learn more about the Split for Income strategy, please call one of our regional vice presidents or contact the Sales Center at invest@symetra.com or 1-800-706-0700.

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1 U.S. Department of Health and Human Services, Administration on Aging, A Profile of Older Americans: 2004.
* Value serves as hypothetical and total investment amount for subsequent ten-year period. Guarantees and benefits are subject to the claims-paying ability of the underlying insurance Company. Symetra Advantage Income Immediate Annuity quotes based on rates in effect as of January 18, 2007. Income Annuities are issued by Symetra Life Insurance Company and are not available in all U.S. states or any U.S. territory.

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