Fixed index annuity review and rates

Symetra Advisory Income Edge

Symetra Advisory Income Edge is a single-premium fixed indexed annuity with a guaranteed lifetime withdrawal benefit rider. Advisory Income Edge can guarantee steady income payments for life, even if there is no money left in your annuity. This is the key benefit of the withdrawal benefit. 
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
3.9% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.5% Cap
1-Year JPMorgan ETF Efficiente 5 PTP Cap
Point to Point
Annual
16.75% Cap
1-Year Fixed Account
Fixed
4.15% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
9% Cap
1-Year JPMorgan ETF Efficiente 5 PTP Cap
Point to Point
Annual
17% Cap

Surrender schedule

Year 1 2 3 4 5 6 7
Penalty 2% 2% 2% 2% 2% 2% 2%

Riders

Name Inbuilt Fee
Symetra Advisory Income Edge GLWB Rider Level Yes 1.20% annually
Symetra Advisory Income Edge GLWB Rider with Increasing Yes 1.20% annually
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