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Excess withdrawals (beyond free withdrawal allowance) or full surrenders in the guarantee period are subject to declining surrender charges tied to the guarantee term: for example, 3-year – charges lessen across years 1-3; for 5 or 7-year terms similarly decline.

GROPP feature automatically included; Free Withdrawal Endorsement also included.

No ongoing administrative charges. The only costs are surrender charges and possible Market Value Adjustments (MVA) if withdrawals exceed the free amount during the guarantee period.

Beneficiaries receive the greater of contract value, guaranteed minimum value, or GROPP benefit.

Waivers for terminal illness, nursing home confinement, and hospitalization (availability varies by state).

Up to 15% of the contract value each year, or RMDs if greater, may be withdrawn without penalty.

Available for both qualified and non-qualified funds; issued as a single-premium deferred annuity.

Issued by First Symetra National Life Insurance Company of New York, the Select Pro® with GROPP is available exclusively in New York and can be purchased with qualified or non-qualified funds. The minimum premium is $10,000, with company approval required for amounts above $1,000,000. With GROPP, contracts may be issued up to age 90. Beneficiaries receive the greatest of the contract value, guaranteed minimum value, or the GROPP benefit, ensuring that at least the purchase payment (minus withdrawals) is protected.

At the end of the selected guarantee period (3, 5, or 7 years), the contract renews at Symetra’s then-declared rate (not less than MGIR). Alternatively, funds may be withdrawn in full or annuitized.

Equals the accumulation value minus any applicable surrender charges and MVA (if any) during the guarantee period. After maturity, the full accumulation value is available without penalty.

Symetra Select Pro® with Guaranteed Return of Purchase Payment (GROPP)

 is a single-premium fixed deferred annuity designed to provide guaranteed fixed interest rates for 3-, 5-, or 7-year terms while ensuring that contract value never falls below the original purchase payment (minus withdrawals). It offers predictable growth, principal protection, and penalty-free annual withdrawals of up to 15% of the contract value. The product includes waivers for certain qualifying life events. At maturity, the annuity may renew into a new guarantee term, be withdrawn in full, or annuitized for lifetime income.

A Free Withdrawal Endorsement is automatically included.

Beneficiaries receive the greater of the contract value or guaranteed minimum value.

Qualified and non-qualified. Issued as a single-premium deferred annuity.

Issued by First Symetra National Life Insurance Company of New York, this product is available for both qualified and non-qualified funds. It requires a minimum premium (typically $10,000) and offers premium bands for larger amounts. Contracts are issued up to age 85. Beneficiaries receive the full contract (accumulation) value as a death benefit, without reduction from surrender charges.

At the end of the selected guarantee period (3, 5, or 7 years), policyholders may renew at then-current declared rates, withdraw full value without penalty, or annuitize. If no election is made, reset or default options may apply per contract.

Equals the accumulation value minus applicable surrender charges and MVA (if any) during the term. After maturity, the full value is available without penalty.

 Fixed Deferred Annuity is a single-premium, modified MYGA (multi-year guaranteed annuity) offering guaranteed interest rates for 3-, 5-, or 7-year fixed guarantee periods. It provides protection of principal, predictable growth, access to free withdrawals, and waivers for certain qualifying life events. Withdrawals beyond the free limit are subject to surrender charges, and after the chosen guarantee period ends, contract values may renew, reset, or be withdrawn in full without penalty.

Withdrawals exceeding the annual free-interest allowance, or full surrender during the 5- or 7-year term, are subject to declining surrender charges. For the 5-year option, charges begin at 7% in year one and reduce annually until expiring after year five. For the 7-year option, the schedule extends through year seven, ending at 1%. An MVA may also apply.

No optional riders; standard Living Needs provisions are automatically included where approved.

There are no ongoing administrative fees. The only potential costs are surrender charges during the 5- or 7-year guarantee term, and any Market Value Adjustment (MVA) that may apply if funds are withdrawn early.

Beneficiaries receive the full contract value, payable without any reduction for surrender charges.

ncludes waivers for qualifying life events, such as terminal illness or nursing home confinement (availability varies by state).

Owners may withdraw up to the accumulated interest earned each year (minus any previously withdrawn interest) without penalty. This feature provides some liquidity while maintaining principal protection.

Available for both qualified and non-qualified funds.

Issued by First Symetra National Life Insurance Company of New York, the Select Max® is available exclusively in New York and can be funded with qualified or non-qualified money. Contracts may be issued with guarantee periods of 5 or 7 years, depending on client needs. The minimum premium is $10,000, with deposits above $1 million requiring company approval. Issue ages extend up to 90, making the product accessible to a wide range of policyholders. Upon death, beneficiaries receive the full contract value, payable without surrender charges.

At the end of the selected 5- or 7-year guarantee period, the contract may be renewed into another guarantee period, fully withdrawn, or annuitized. If no election is made, the contract automatically renews into a one-year guarantee period at the then-declared rate.

During the 5- or 7-year guarantee term, the surrender value equals the accumulation value minus applicable surrender charges and any MVA. After the selected guarantee period ends, the full accumulation value is available without penalty.

 Fixed Deferred Annuity is a single-premium MYGA designed to provide guaranteed interest rates and principal protection through multi-year guarantee periods of 5 or 7 years. It offers stable growth with penalty-free annual withdrawals of earned interest, while maintaining protection against market volatility. Withdrawals above the free allowance are subject to surrender charges, and a Market Value Adjustment (MVA) may apply. At the end of the selected guarantee term, policyholders may choose to renew into a new period, withdraw funds in full, or annuitize for guaranteed income.

Symetra Select Pro® with GROPP (3-, 5-, 7-Year, NY)

First Symetra – Select Pro® Fixed Deferred Annuity (3, 5, 7-Year Terms, NY)

First Symetra – Select Max® Fixed Deferred Annuity (5- and 7-Year Terms, NY)