Symetra Select Pro® with GROPP (3-, 5-, 7-Year, NY)
About this product
The 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 At maturity, the annuity may renew into a new guarantee term, be withdrawn in full, or annuitized for lifetime income.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 4.05% |
| 5 Years | 4.40% |
| 7 Years | 4.40% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $49,999.00 | 3.3% |
| $50,000.00 - $99,999.00 | 3.7% |
| $100,000.00 - $249,999.00 | 4.05% |
| $250,000.00 - $1,000,000.00 | 4.1% |
| Features | |
| Maximum Issue Age | 85 years |
Lifetime Income Details
Payout Options
Additional Options
Actual payout options may vary by insurance carrier and specific products. Common alternatives include:
- Life Income Only: Payments for the rest of your life, stopping upon death
- Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
- Life with Period Certain: Lifetime payments with a minimum guaranteed period
- Joint Life: Payments continue for both you and your spouse's lifetimes
- Systematic Withdrawal: Regular withdrawals of a specified amount or percentage