Symetra Select Pro

Looking for a secure way to grow and guard your retirement savings? The Symetra Select Pro Annuity might be your answer. This annuity contract, purchased with a minimum sum of $10,000, guarantees an interest rate over a fixed period - meaning your hard-earned savings can grow stably over time.

Worried about market uncertainties or maintaining control over your money? The beauty of this product is its immunity to market fluctuations and its tax-deferred growth. Even better, you retain full control, with the option to withdraw a portion or even the entirety of your money without withdrawal charges. The Symetra Select Pro truly exemplifies hassle-free, assured retirement planning.

Symetra Select Pro

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About Product

Premium Type

Single Premium with Additional

Fee withdrawal:

15%

Market Value Adjustment

Return Of Premium

Minimum Contribution

$10,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, and Inherited IRA

Launch Date

02/15/2022

MYGA Interest Rates

Term	Rate Annual percentage yield (APY) earned over the investment term
3 years	4%
5 years	4.35%
7 years	4.4%

Symetra Select Pro is a modified single-premium fixed deferred annuity. Select Pro Fixed Deferred Annuity can help serve as a foundation of stability for your retirement portfolio by providing both accumulation and lifetime income options, and also providing for loved ones. Features include:

The reliability of an interest rate with no exposure to market risk.
The ability to accumulate more through tax-deferred and compounding interest.
The ability to access a portion or, in certain cases, all of the money in your contract without withdrawal charges.

Minimum purchase payment

$10,000
You can add purchase payments of $1,000 or more throughout the first year of your contract. Payments are accepted in a lump sum or monthly payments up to $1mil without home office approval.

Free annual withdrawals
Withdrawals of up to 15% of the contract value per contract year are free of withdrawal charges.

Death benefit
When you purchase your annuity, you’ll also name primary and contingent beneficiaries for your contract. Upon your death, your beneficiaries will receive the greater of:

The contract value (which does not reflect any current withdrawal charges); or
The guaranteed minimum value.

Year by Year Account Balance

Understand how your money will increase when invested in Symetra Select Pro.

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Investment Amount

Riders

No Riders for Symetra Select Pro annuity.

Waivers

Hospital

Unavailable in states: CA

If you spend 30 consecutive days in a nursing home or hospital, all withdrawal charges are waived. You have up to 90 days after leaving a facility to request a qualifying distribution.

Nursing Home

Unavailable in states: CA

If you spend 30 consecutive days in a nursing home or hospital, all withdrawal charges are waived. You have up to 90 days after leaving a facility to request a qualifying distribution. The nursing home waiver does not include home health care.