Fixed index annuity review and rates

Symetra Prestige

Symetra Prestige is a single-premium fixed indexed annuity with an optional guaranteed lifetime withdrawal benefit rider (withdrawal benefit), Signature Plus.
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
3.5% Fixed
2-Year SG Columbia Global Market States PTP Participation Rate
Point to Point
Biennial
220% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
9% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
40% Participation
1-Year SG Columbia Global Market States PTP Participation Rate
Point to Point
Annual
150% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 9% 9% 8% 7% 6% 5% 4% 3% 2% 1%
Symetra Life Insurance Company
Founded: 1957
A.M. Best: A
S&P: A
Moody's: A1
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 7%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$25,000
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, 1035 Exchange, and Inherited IRA