Fixed deferred annuities are a popular way to build retirement income through tax-deferred growth, especially if you want to minimize risk.
Growth isn’t tied to market performance. Consider these annuities for the conservative part of your savings plan.
You receive an initial guaranteed interest rate for a specific period of time. At the end of that period, the interest rate is reset, but will not be lower than a guaranteed minimum interest rate established at issue.
Choose from a variety of products offering a guaranteed interest rate for 3, 5 or 7 years, depending on the product selected.
Fixed deferred annuities are issued by First Symetra National Life Insurance Company of New York, New York, NY. Guarantees and benefits are subject to the claims-paying ability of First Symetra National Life Insurance Company of New York. Mailing address: P.O. Box 34690, Seattle, WA 98124.
Withdrawals may be subject to federal income tax and 10% IRS early withdrawal tax penalty may also apply for amounts withdrawn prior to age 59 ½. Consult your attorney or tax advisor for more information.
For current interest rate information, please consult your insurance producer or advisor.