Edge Elite
Symetra Life Insurance Company
18%
Best Cap
10%
Free W/D
A fixed deferred annuity that grows your money at a guaranteed rate during accumulation, then converts to guaranteed income for retirement. Ideal for people seeking stability and tax-deferred growth with the flexibility to access funds when needed.
Free Withdrawal
10%/yr
Available In
1 states
Min Premium
$25,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| J.P. Morgan ETF Efficiente 5 Index | 2-Year | -- | 260% | -- |
| J.P. Morgan ETF Efficiente 5 Index | Annual | 18% | 100% | -- |
| Nasdaq-100 Index | Annual | 9.75% | 100% | -- |
| Putnam Dynamic Low Volatility Excess Return Index | 2-Year | -- | 300% | -- |
| Putnam Dynamic Low Volatility Excess Return Index | Annual | 18% | 100% | -- |
| S&P 500 Index | 2-Year | -- | 70% | -- |
| S&P 500 Index | Annual | 9.25% | 100% | -- |
| Fixed Account | Daily | -- | -- | 4.15% |
Key Features
Guaranteed Growth
Guaranteed Minimum Interest Rate specified in contractYour contract value grows at a guaranteed minimum interest rate during the accumulation phase, with no market risk.
Tax Deferral
Tax-deferred until withdrawalInterest earnings are not taxed until you withdraw money, potentially lowering your tax burden in retirement.
Guaranteed Income (Annuitization)
Age 101 is the latest you can convert; Exclusion Ratio provides tax-free return of principal on nonqualified contractsAfter year 1, convert accumulated value to guaranteed payments lasting 5 years to lifetime, with optional inflation protection (0.10%-6.5% annual increases).
Annual Free Withdrawal
10% annual free withdrawalWithdraw up to 10% of contract value each year without surrender charges during accumulation phase.
Required Minimum Distribution Waiver
Available after age 70½After age 70½, withdraw RMDs free of surrender charges.
Nursing Home Waiver
30 consecutive days triggers waiver; request within 90 days of dischargeIf confined to nursing home or hospital for 30+ consecutive days, all surrender charges are waived for full contract access.
Advance Access (Income Phase)
Up to 30% of future payment value; minimum $5,000; repeatable every 36 monthsAfter 3 years in income phase, request special lump-sum payments of up to 30% of future income payment value for emergencies.
Death Benefit
Full contract value to beneficiaryUpon death, the entire contract value passes to your named beneficiary, or spouse can assume all contract rights.
Highlights
Guaranteed interest rate growth during accumulation phase with tax-deferred earnings
Convert to guaranteed lifetime income or period-certain payments anytime after year 1
Annual free withdrawal of up to 10% of contract value without surrender charges
Advance Access feature allows lump-sum withdrawals up to 30% of future income payments after 3 years in income phase
Nursing home waiver eliminates surrender charges after 30 consecutive days of confinement
Surrender Schedule
Yr 1
8.3%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Best For
Individuals approaching or in retirement who want guaranteed growth, tax deferral, and the security of guaranteed lifetime income with flexibility to access funds for emergencies.
Consider Alternatives If
People who need immediate access to all their money, expect to withdraw significantly before the surrender charge period ends, or prefer market-based growth potential.
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