Symetra Life – Select Pro® (with GROPP) (3-, 5-, 7-Year Terms)
About this product
The Symetra Life – Select Pro® (with GROPP) is a modified single-premium fixed deferred annuity that provides predictable, tax-deferred accumulation with a fixed interest rate guaranteed for a selected 3-, 5-, or 7-year period. This version includes the Guaranteed Return of Purchase Payment (GROPP) feature, which is designed to ensure that the owner will not receive less than total purchase payments made, reduced by any prior withdrawals, subject to contract provisions. It is intended for conservative investors seeking stability, enhanced liquidity, and added principal-return protection.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 4.00% |
| 5 Years | 4.55% |
| 7 Years | 4.70% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $49,999.00 | 3.25% |
| $50,000.00 - $99,999.00 | 3.65% |
| $100,000.00 - $249,999.00 | 4% |
| $250,000.00 - $1,000,000.00 | 4.05% |
| Features | |
| Maximum Issue Age | 90 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