Fixed index annuity review and rates

Symetra Advisory Edge 7

Advisory Edge, a single-premium fixed indexed annuity offered by Symetra Life Insurance Company, can provide higher credited interest than traditional fixed deferred annuities, because the interest you earn is based on the future performance of one or more market indexes. The amount of interest credited is subject to a “cap” (upper limit) and your purchase payment and any previously credited interest are protected by the safety of a “floor.” 
Available in states: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
4.6% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
10% Cap
1-Year JPMorgan ETF Efficiente 5 PTP Cap
Point to Point
Annual
18.75% Cap
1-Year Fixed Account
Fixed
4.75% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
10.5% Cap
1-Year JPMorgan ETF Efficiente 5 PTP Cap
Point to Point
Annual
19.25% Cap

Surrender schedule

Year 1 2 3 4 5 6 7
Penalty 2% 2% 2% 2% 2% 2% 2%
Symetra Life Insurance Company
Founded: 1957
A.M. Best: A
S&P: A
Moody's: A1
Carrier details
Free withdrawal
10%
Surrender schedule
7 years
Return of premium
Market value adjustment
Minimum contribution
$10,000
Types of funds
Non-Qualified, IRA, SEP IRA, IRA-Roth, and Inherited IRA