Select Pro
Symetra Life Insurance Company
4.85%
Best Rate
15%
Free W/D
50
States
Symetra Select Pro is a fixed deferred annuity that grows your retirement savings at a guaranteed interest rate with no market risk, offering tax deferral and flexible access to your money when life circumstances change.
Free Withdrawal
15%/yr
Available In
50 states
Min Premium
$10,000
Surrender
7 years
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.5% |
| 5-Year | 4.8% |
| 7-Year | 4.85% |
Key Features
Guaranteed Interest Rate
3, 5, or 7 year terms availableFixed interest rate guaranteed for your chosen period regardless of market conditions
Minimum Purchase
$10,000Initial investment required to open the contract
Additional Contributions
$1,000 or more per paymentAbility to add more money during the first year of your contract
Free Annual Withdrawals
Up to 15% of contract valueAmount you can withdraw each year without surrender charges
Tax Deferral
Full tax deferral on all interest earnedInterest grows without annual tax liability until withdrawal
Purchase Age Range
0-85 (or 0-90 with GROPP option)Ages eligible to purchase this product
Income Options
Fixed term, lifetime, or joint life paymentsConvert contract to regular payments structured multiple ways
GROPP Option
Never receive less than contributions minus prior withdrawalsGuaranteed Return of Purchase Payment ensures minimum benefit
Highlights
Guaranteed interest rate with zero market risk exposure for 3, 5, or 7 years
Tax-deferred growth through compounding interest credited daily
Flexible access to your money with free annual withdrawals up to 15% and multiple waivers
Can convert to lifetime income payments that you cannot outlive
Optional GROPP guarantee ensures you never receive less than your contributions
Surrender Schedule
Yr 1
8%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Retirees and pre-retirees seeking guaranteed growth, market protection, tax-deferred accumulation, and the ability to generate reliable lifetime income while maintaining some access to their principal.
Consider Alternatives If
Investors who need immediate access to all their money without penalties, those who cannot commit to a long-term holding period, or individuals who require high growth potential to keep pace with inflation.
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