Symetra Stride
Symetra Life Insurance Company
14%
Best Cap
7%
Free W/D
50
States
Symetra Stride is a fixed indexed annuity designed for retirement savers who want growth potential tied to market indexes combined with principal protection and the optional ability to guarantee lifetime income withdrawals.
Free Withdrawal
7%/yr
Available In
50 states
Min Premium
$25,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| J.P. Morgan ETF Efficiente 5 Index | 2-Year | -- | 155% | -- |
| J.P. Morgan ETF Efficiente 5 Index | Annual | 14% | 100% | -- |
| Putnam Dynamic Low Volatility Excess Return Index | 2-Year | -- | 185% | -- |
| Putnam Dynamic Low Volatility Excess Return Index | Annual | 10% | 100% | -- |
| S&P 500 Index | 2-Year | -- | 45% | -- |
| S&P 500 Index | Annual | 5% | 100% | -- |
| Fixed Account | Daily | -- | -- | 3.25% |
Key Features
Index-Linked Growth
Growth potential with participation rates or caps appliedYour account can earn interest based on the performance of the JPMorgan ETF Efficiente 5 Index, Putnam Dynamic Low Volatility Excess Return Index, or S&P 500 Index, credited through participation rates or annual caps.
Principal Protection
Guaranteed minimum return of premium plus any earned interestIf your chosen index declines, you earn zero interest for that term but your contract value never decreases—you're not directly invested in the market.
Signature Withdrawal Benefit Rider
Income for life based on age and benefit base with annual charge up to 2.5%Optional rider (available at age 50+) that guarantees lifetime income withdrawals up to a maximum amount, even if your contract value reaches zero.
Free Annual Withdrawals
7% penalty-free withdrawal rightAfter year one, withdraw up to 7% of contract value annually without surrender charges or market value adjustments.
Tax-Deferred Growth
Tax deferral on all credited interestInterest earned compounds and grows without annual tax liability until you withdraw funds.
Flexible Account Allocation
10 total account options for customizationChoose how to split your purchase payment among nine indexed accounts and one fixed account, with ability to rebalance at the end of each interest term.
Surrender Flexibility
10-year surrender charge period; declining charges from 9% to 0%After 10 years, market value adjustments and withdrawal charges no longer apply. Multiple waivers available (nursing home, terminal illness) for early access without penalties.
Highlights
Guaranteed lifetime income through optional Signature Withdrawal Benefit rider (available for ages 50+)
Growth potential linked to three market indexes with downside protection—you never lose money in market declines
Flexibility to withdraw up to 7% penalty-free annually after year one, plus access to remaining contract value if needed
Tax-deferred growth on your money until you take withdrawals
Nine indexed account options plus a fixed account for customizable allocation
Surrender Schedule
Yr 1
9%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
Yr 8
3%
Yr 9
2%
Yr 10
1%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Retirees age 50 and older seeking a combination of growth potential and guaranteed lifetime income, with enough assets (minimum $25,000) to commit to a long-term annuity contract.
Consider Alternatives If
Investors who need immediate liquidity or frequent access to their money within the first 10 years without accepting surrender charges and market value adjustments; those under age 50 who want the withdrawal benefit rider; or investors seeking direct market participation without downside protection caps.
Carrier Ratings
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