100% of your money is working for you from day one. Before purchasing any investment product be sure to do your own due diligence and consult a properly licensed professional should you have specific questions as they relate to your individual circumstances. Not available in all U.S. states or any U.S. territory. Information presented on this website is not intended as tax or legal advice. Your email address will not be published. Select Benefits voluntary. Minimize Market Risk with a Fixed Index Annuity. Life insurance and annuities are issued and employee benefit plans are insured by Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA . This website is not intended to be a recommendation for you to purchase an annuity. None of the ETF Trademark Owners has any obligation or liability in connection with the operation, marketing, trading or sale of the PIMCO Equity Fusion Index. This is the guaranteed annual yield, including bonuses if applicable, for the initial guarantee period term, up to the first penalty free full withdrawal window. These products earn a fixed rate of interest throughout the term of the contract, so you can predict exactly how much your annuity will grow over time. All rights reserved. Product Information The Symetra Select Max 3 is a deferred multi-year guarantee annuity issued by Symetra Life Insurance Company. Member FINRA. Annuity information on this site may not be current or applicable in your state. Hersh Stern California License: 0676997. A deferred annuity also offers the option to convert your contract value into a guaranteed income . Consider a fixed deferred annuity if: Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. PDF Questions & Answers - Symetra See product brochure, disclosure and riders for additional details, limitations and availability. This is called an exclusion ratio. $ 36,185,339,559 Website: www.symetra.com/ Year Founded: 1957 Liabilities: $ 34,189,509,917 financial ratings A.M. Best A 3 of 13 Moody's A1 5 of 21 Standard & Poors A 6 of 21 REVIEWS Multiple-Year Guaranteed Annuities Reviews Symetra Select 3 View details Symetra Select 5 View details They allow companies to pay a higher rate and make longer-term investments. You do not plan to use the guaranteed lifetime income feature. They are located in Bellevue, WA. About Us . At the end of your contract term, you have 30 calendar days to choose from the following options. Each company is responsible for its own financial obligations. S&P and SPDR are registered trademarks of Standard & Poor's Financial Services LLC (S&P), iShares is a registered trademark of BlackRock Fund Advisors or BlackRock, Inc. and its subsidiaries, and Russell and Russell 2000 are registered trademarks of FTSE Russell, each an ETF Trademark Owner and collectively, the ETF Trademark Owners. Fixed indexed annuities Index-linked annuity . This annuity is a premium banded product. There is an opportunity each year to take a withdrawal of up to the interest credited that contract year penalty-free. All rights reserved. MVAs only affect you if you withdraw funds early. Q: Does this annuity have an income rider (for withdrawing income)? Transfer the balance to another company via a 1035 exchange. Product Information The Symetra Select Pro with ROP 5 is a deferred multi-year guarantee annuity issued by Symetra Life Insurance Company. The Product is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the LSE Group). Symetra Life Insurance Company started in 1957 as a subsidiary of Safeco. Symetra believes success is guided by their principles of value, transparency, and sustainability. They are a percentage of the withdrawal amount, decrease over time, and go to zero when the term ends. Well answer any questions you have and respect your time. Annuities Products Symetra Select Pro Symetra Select Max Symetra Advantage Income Symetra Edge Elite Symetra Freedom Income Symetra Select 3 Symetra Select 5 Symetra Select 7 Symetra Income Edge Symetra Trek Plus Symetra Select Pro Some first year yields/rates reflect the fixed rate plus a premium bonus or interest rate enhancement. Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. The reviews and annuity information on this website may not be current and may not apply in the state you live in. They want to offer products at a competitive . This is not a complete description of the Symetra Accumulator, Accumulator Ascent and Protector IUL policies. Symetra Trek is a long-term investment designed for retirement purposes. Purchase Ages 0-90 Market Nonqualified Insurance companies often issue contracts which are 'state-specific.' Get a second opinion. Symetra also offers a 7 year version of this annuity. Copyright 2004 - 2023 Symetra Life Insurance Company, 777 108th Ave NE, Suite 1200, Bellevue, WA 98004. $407,100 Total Interest No Market Risk! Annuity product guarantees rely on the financial strength and claims-paying ability of the issuing insurer. Payments are accepted in a lump sum or monthly payments up to $1mil without home office approval. Neither PIMCO nor any other party involved in, or related to, making or compiling the Index makes any representation regarding the Index, Index information, performance, annuities generally or the annuity particularly. If the funds are received after that period the rate might be subject to change and will be the rate in effect at that time. By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. Independent Review of the Symetra Life Advisory Edge 5-Year Indexed Annuity All Rights Reserved | Privacy Policy, Independent Review of the Western-Southern Life SmartSelect 3 Year MYGA Annuity, Independent Review of the Mass Mutual Stable Voyage 3 Annuity, We use cookies to enhance your experience while using our website. S&P, S&P 500, US 500, The 500, iBoxx, iTraxx and CDX are trademarks of S&P Global, Inc. or its affiliates (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Symetra. Contract form number is RSC-0017/NY FP 5/09. The S&P 500 Index is a product of S&P Dow Jones Indices LLC or its affiliates (SPDJI), and has been licensed for use by Symetra Life Insurance Company (Symetra). Symetra Trek is an individual single-premium deferred annuity contract with index-linked interest options issued by Symetra Life Insurance Company (SLIC). Interest would be taxed, but the principal would not. On a quarterly basis, the index adjusts its allocation to the Constituents according to a predefined set of rules based on contrarian signals. Fixed deferred annuities - Individuals and Families - Symetra Receive your accumulated contract value in a lump-sum (without any surrender charges), Keep your money in the annuity and continue to earn tax-advantaged interest, or, Convert the contract value into a series of regular income payments (either for life or for a set period of time, such as 10 or 20 years), Guaranteed growth (during the rate guaranteed period), Protection of principal no matter what occurs in the stock market. A:Yes. They may offer an annuity to you for sale. 2. Complete the form below and get the answers you need within 24 hours. Features include: The reliability of an interest rate with no exposure to market risk. We are paid from the insurance company general fund. Symetra Life Insurance Company has reengineered its Symetra Custom and Symetra Select fixed single premium deferred annuities. We do business as Annuity Resources Insurance Services in CA. All rights in the Russell 2000 Index (the Index) vest in the relevant LSE Group company which owns the Index. What to bring to your first meeting with a financial professional, First Symetra National Life Insurance Company of New York, Symetra Assigned Benefits Service Company (SABSCO). You might hear fixed annuities also called CD-like annuities or multiple-year guarantee annuities (MYGA's). Annuity Resources, LLC is a licensed fixed annuity producer in most states. A:Yes. Financial professionals; Forms for customers; Others offer more growth potential and can also provide steady, guaranteed income later in retirement. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S). A:5 Years. Required fields are marked *. Get a second opinion. This is the guaranteed annual yield, including bonuses if applicable, for the initial guarantee period term, up to the first penalty free full withdrawal window. PIMCO disclaims all warranties, express or implied, including all warranties of merchantability or fitness for a particular purpose or use. Symetra Life Insurance believes in transparency. This annuity offers penalty-free interest withdrawals. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); AnnuityGator.com offers independent annuity product reviews. They want to offer products at a competitive price and offer excellent service. All names, marks, and materials used for the reviews on this site are property of their respective owners, and not those of AnnuityGator.com. Beginning with the first contract year, and each year thereafter, this annuity provides up to 15% (noncumulative)of the contract value may be withdrawn from the annuity each contract year without penalty. Reviews are posted at the request of readers so they could see an independent perspective when breaking down the positives and negatives of specific annuity contracts. All content is for educational purposes only. Q:Does the Edge Pro 5 annuity permit any withdrawals without penalties? You might hear fixed annuities also called CD-like annuities or multiple-year guarantee annuities (MYGA's). Annuities are distributed by Annuity Resources, LLC. A:S&P 500, S&P GSCI. For more information about our browser support, please check out our browser standards and support page. Symetra Life Insurance Company: Products & Ratings - Annuity.org Symetra is a registered service mark of Symetra Life Insurance Company. Copyright 2004 - 2023 Symetra Life Insurance Company, 777 108th Ave NE, Suite 1200, Bellevue, WA 98004. . Are you a New York customer? Pay premium online Insurance Notice An important notice for insurance customers residing in Maryland. Transfer the balance to another company via a 1035 exchange. Dependable, guaranteed growth for a set period of time (in this case, for 5 years). License 6003435. Symetra Life Symetra Select 5 | Earn 4.15% - Annuity Resources All annuity guarantees are subject to the financial strength of the insurance company. PDF Fact Sheet Symetra Custom 5 Fixed Annuity - ImmediateAnnuities.com Interest would be taxed, but the principal would not. Symetra Trek Plus is a long-term investment designed for retirement purposes. Personal, Traditional IRA, Roth IRA, SEP-IRA, SIMPLE-IRA, 403(b). Symetra Life is Sumitomo Life, one of the largest insurance companies of Japan. Established in 1957, Symetra Life Insurance Company is a subsidiary of Symetra Financial Corporation. We understand annuities can be confusing and that you might have questions. Annuity Resources, LLC is a licensed fixed annuity producer in most states. We focus on selling MYGAs, SPIAs, and DIAs and refer those interested in other types of annuities to other insurance agencies when possible. Symetra Life Insurance Company - View Details. Contact Symetra toll-free at 1-800-796-3872 ext. Constituents of the Index include certain ETFs. This annuity is a premium banded product. These documents are available for free by visiting EDGAR at www.sec.gov. These documents are available for free by visiting EDGAR at www.sec.gov. You might hear fixed annuities also called CD-like annuities or multiple-year guarantee annuities (MYGA's). Copyright 2023 Annuity Resources, LLC - All rights reserved. You are strongly urged to consult with financial planning, tax, and legal advisors to determine if an annuity is suitable in your financial situation. 1. Death benefit In the event that you pass away, a named beneficiary (or more than one beneficiary) will receive the greater of either the annuitys contract value (minus any withdrawals and/or charges), or the cash surrender value. A single-premium deferred payout annuity designed to provide guaranteed income later in retirement. If you are sensitive to loss and don't want to lose a penny, a fixed annuity might be a good fit for some of your savings. We could earn a higher commission based on sales volume and taking a more active role in the application process. The Index is comprised of a number of constituents, some of which are owned by entities other than PIMCO. Get the Details Find resources for: General information Life insurance Annuities and retirement plans Employee benefits General information and resources > Forms > Email us > New York residents Insurance companies also change their brochures often and without notice. Link to Symetra's LinkedIn profile page; About Symetra. You are encouraged to seek tax or legal advice from a qualified professional. By contacting us you may speak with an insurance licensed agent in your state, and you may be offered insurance products for sale. Fax numbers:Individual Annuities and IRAs: 1-866-532-1357403(b) and 457 Plans: 1-866-532-1356401(k): 1-866-532-1358, Inquiries / service requestsSymetra Life Insurance CompanyPO Box 305156Nashville, TN 37230-5156, Overnight mailSymetra Life Insurance Company100 Centerview Drive, Suite 100Nashville, TN 37214-3439, >Preference and Preference Flexible Premium (PDF), >Qualified Pension Annuity Series III (PDF), >Qualified Pension Annuity Series III+ (PDF), >Qualified Pension Annuity Series IV (PDF). And they build products that sustain the test of time. This is the guaranteed annual yield, including bonuses if applicable, for the initial guarantee period term, up to the first penalty free full withdrawal window. 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. Box 34690, Seattle, WA 98124. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. Fixed deferred annuities are considered to be one of the safest types of annuities. We focus on selling MYGAs, SPIAs, and DIAs and refer those interested in other types of annuities to other insurance agencies when possible. The Symetra Edge Pro 5 annuity is a Fixed Indexed annuity designed for growth with an available income rider. Independent Review of the Symetra Select 5 Annuity DISCLAIMER: The information on this website is for educational purposes only. All rights reserved. Read our educational articles on fixed annuities to learn more.
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symetra select 5 fixed annuity