IRA Disclosure Statement

Beginning the week of January 12, Symetra will begin mailing a revised IRA Disclosure Statement to customers who have a Traditional, Roth, SEP or SIMPLE IRA plan. Symetra will mail about 7,000 Disclosure packets per week and the mailings will finish in March.

A significant change in the Disclosure Statement concerns new IRS limits on IRA rollovers.

  • Effective January 1, 2015, the IRS permits customers to roll over only one distribution from an IRA in a 12 month period, regardless of the number of IRAs owned.
  • For more information on rollover limitations, customers may wish to refer to the IRS website at www.irs.gov.

Samples of the customer contact letter and Disclosure Statements can be found here.