Symetra Advisory Edge and Symetra Advisory Income Edge
July 24, 2017 — BELLEVUE, Wash.–(BUSINESS WIRE)–Symetra Life Insurance Company, a leading fixed annuity provider, has introduced two new fixed indexed annuities built for fee-based planning—Symetra Advisory Edge and Symetra Advisory Income Edge.
Both annuities provide retirement customers with asset protection and interest crediting opportunities through multiple index options, including the JPMorgan ETF Efficiente® 5 Index.
“The addition of Advisory Edge and Advisory Income Edge to Symetra’s broad suite of fixed indexed annuity products offers advisors greater choice and aligns with our commitment to providing transparent, flexible options that add value and fit the needs of today’s retirement marketplace,” said Kevin Rabin, vice president of Retirement Products. “Symetra’s commitment to adapting our products to meet our partners’ evolving needs is one of our core strengths. Expanding our lineup of commissionable FIAs to include these new fee-based products allows advisors and their clients to decide which planning model best suits their retirement objectives.”
Advisory Edge and Advisory Income Edge offer:
- Index Choices—Credited interest based on the performance of the ETF Efficiente Index and/or S&P 500® Index, up to a cap.
- Protection of a Fixed Annuity—Purchase payments and previously credited interest are protected from market losses.
In addition: - Lifetime Income with the Potential to Grow—Advisory Income Edge’s guaranteed lifetime withdrawal benefit (GLWB) provides income that can last a lifetime, with upside potential both before and after payments begin.
For more information about Symetra Advisory Edge, Symetra Advisory Income Edge or any of Symetra’s annuity products, contact the Symetra Retirement Sales Desk at 1-800-706-0700.
About Symetra
Symetra Life Insurance Company is a subsidiary of Symetra Financial Corporation, a diversified financial services company based in Bellevue, Washington. In business since 1957, Symetra provides employee benefits, annuities and life insurance through a national network of benefit consultants, financial institutions, and independent agents and advisors. For more information, visit www.symetra.com.
Symetra Advisory Income Edge and Advisory Edge are individual single-premium fixed indexed deferred annuities with a market value adjustment feature. Annuities are issued by Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004. Contract form number is ICC14_RC1in most states. The Guaranteed Lifetime Withdrawal Benefit Rider form number is ICC15_RE1 in most states. Product and rider are not available in all U.S. states or any U.S. territory. Terms and conditions may vary.
