Fixed index annuity review and rates
Symetra Edge GPS 5
The Symetra Edge GPS 5 is a single premium fixed indexed deferred annuity, has the potential for higher credited interest than a fixed deferred annuity because the interest you earn is based on the future performance of a market index up to a cap. The Symetra Edge GPS 5 helps protect the money you’ve saved while giving it some opportunity to grow.
The Symetra Edge GPS 5 has a 5-year withdrawal charge period and an MVA provision.
The Symetra Edge GPS 5 has a 5-year withdrawal charge period and an MVA provision.
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
|
3.85%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
8.5%
Cap
|
| 1-Year Fixed Account |
Fixed
|
4%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
9%
Cap
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| Penalty | 9% | 8% | 7% | 7% | 6% |
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Brochure
Free withdrawal
10%
Surrender schedule
5 years
Return of premium
Market value adjustment
Minimum contribution
$10,000
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, and IRA-Roth