Symetra Trek Plus®
Symetra Trek Plus Registered Index-Linked Annuity combines growth potential for your money with some protection from downside market risk to help you on your retirement journey.
Investors will experience both bull markets (periods of growth) and bear markets (periods of decline).
Fortunately, you don’t have to choose between growth potential and protection as you plan for your retirement. Trek Plus can help your money grow when markets are rising and can help protect your money during downturns. Our new indexed-account options can offer upside potential in flat and even some down markets.
Buffer Plus
Boosting returns in all markets
Buffer Plus combines some downside protection with the potential to earn more than the index when index returns are flat, or even negative.
The hypothetical charts below show how interest can be credited with the Buffer Plus feature given different market conditions ranging from strong bull markets to severe bear markets. Each of the three scenarios (Uncertain Markets, Bull Markets and Bear Markets) show the index return and what amount could actually be credited to an indexed account. If the index return is negative, the Buffer Plus rate is added to the negative index return, potentially resulting in a positive return. You'll be subject to any loss that exceeds the Buffer Plus rate.
All charts assume a 20% Buffer Plus rate.
Uncertain markets
Negative or flat performance may result in positive gains
Bull markets
Capture 100% upside growth of cap and participation rates of 100%
Bear markets
Buffer Plus protection can negate some losses
Dual Trigger
Offering more growth opportunities
Our other trigger accounts can provide positive crediting in 0% and positive markets, but the Dual Trigger can also provide positive crediting even with negative index performance. Negative index performance in excess of the buffer percent can be partially offset by the buffer percent during negative index returns.
The hypothetical charts above show how interest can be credited with the Dual Trigger feature given different market conditions ranging from strong bull markets to severe bear markets. Each of the three scenarios (Uncertain Markets, Bull Markets and Bear Markets) show the index return and what amount could actually be credited to an indexed account.
All charts assume the Dual Trigger feature with a 7% rate and 10% buffer.
Uncertain markets
Provides positive returns with index performance of 0% or negative within the buffer
Bull markets
Positive crediting of Dual Trigger rate with positive index performance
Bear markets
Buffer protection to help with severe index downturns
Ready to learn more?
Trek Plus brochures
- Trek Plus brochure (PDF)
- Return Lock brochure for Symetra registered index-linked annuities (PDF)
- Buffer protection options brochure (PDF)
- Trigger rate accounts brochure (PDF)
- Historical index perspectives for Symetra registered index-linked annuities (PDF)
Resources
What can Trek Plus do for you?
Opportunity
Opportunities for money to grow during all market scenarios based on the performance of three market indexes, plus an optional fixed account.
Protection
Multiple levels of downside “buffer” protection from bear markets for your accounts, ranging from 10% to 100%.
Flexibility
Access up to 15% of your contract value or 100% of the accumulated interest earned (less withdrawals) with no surrender charges should your needs change.
Control
Optional Return Lock feature allows you to lock in gains that reach a selected growth percentage and protect them from losses for the rest of the interest term.
Family
A death benefit is provided free of charge to help ensure that your beneficiaries will never receive less than what you put into Symetra Trek Plus, assuming no prior withdrawals.
Securities are offered through Symetra Securities, Inc. (SSI). Member FINRA.
Symetra Trek Plus is an individual single premium deferred annuity contract with index linked interest options issued by Symetra Life Insurance Company (SLIC). Contract form number is RSC-0580 5/24 in most states. In Idaho, contract form number is RSC-0580/ID 5/24. The Fixed Account Endorsement form number is RSE-0170 5/24 in most states. The point-to-point with Buffer and Dual Trigger Indexed Account Endorsement form number is RSE-0171 5/24 in most states. The point-to-point with Buffer Plus, Participation Rate and Cap Indexed Account Endorsement form number is RSE-0172 5/24 in most states. The point-to-point with Buffer, Participation Rate and Cap Indexed Account Endorsement form number is RSE-0173 5/24 in most states. The point-to-point with Buffer and Trigger Indexed Account Endorsement form number is RSE0174 5/24 in most states. The Return Lock Endorsement form number is RSE-0175 5/24 in most states.
SSI and SLIC are affiliates and are both located at 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004-5135. Each company is responsible for its own financial obligations.
Annuity contracts have terms and limitations for keeping them in force. Contact your registered representative for complete details.
Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company.
Symetra Trek Plus has indexed accounts and a fixed account. Interest credited to the indexed accounts is affected by the value of outside indexes. Values based on the performance of any index are not guaranteed, and the contract value may decrease. The contract does not directly participate in any outside investment.
The indexed accounts with a charge will incur an annual charge that will reduce the contract value, and do not guarantee performance any greater than the indexed accounts without a charge. The indexed account charge will not be refunded regardless of the amount of indexed interest, whether positive or negative that is credited to the indexed account.
Indexed interest is calculated and credited (if applicable) at the end of an interest term. Indexed interest may be positive, negative, or zero. Amounts withdrawn from the indexed account before the end of an interest term will not receive indexed interest for that term. Overall, withdrawals may result in a loss of principal due to adjustments and charges that may be imposed even if index account(s) performance has been positive.
If the contract is being funded with multiple purchase payments (e.g., 1035 exchanges) funds will be held and the contract will not be issued until all purchase payments have been received. Interest is not credited between the dates the purchase payments are received and the date the contract is issued.
The performance of an index does not reflect the payment or reinvestment of dividends.
It is not possible to invest in an index.
Symetra reserves the right to add, remove or replace any indexes or crediting methods subject to applicable regulatory approval.
The fixed account interest rate, indexed interest caps, participation rates and trigger rates are reset at the beginning of each interest term. Subsequent rates and caps may be higher or lower than the initial rates and caps, but they will never be less than the guaranteed minimums stated in the contract.
This is not a complete description of the Symetra Trek Plus registered index-linked annuity. For a complete description, please ask your registered representative for a copy of the prospectus.
SYMETRA LIFE INSURANCE COMPANY (“Symetra”) has filed a registration statement (including a prospectus) with the SEC for Symetra Trek Plus. For more complete information about Symetra and Symetra Trek Plus, you should read the prospectus and other documents Symetra has filed with the SEC before purchasing. These documents are available for free by visiting EDGAR at www.sec.gov. Alternatively, Symetra or your registered representative will provide the prospectus by request. Contact Symetra toll-free at 1-800-796-3872 ext.22136. This material must be preceded or accompanied by a prospectus.
Symetra Trek Plus is a long-term investment designed for retirement purposes. There is a risk of substantial loss of principal. Please refer to the prospectus for more details. Additional product information can be found here.
Symetra Trek Plus® is a registered service mark of Symetra Life Insurance Company.