12
SYMETRA INCOME EDGE FIXED INDEXED ANNUITY
What else should I know?
Withdrawal benefit flexibility
More withdrawal benefit details
Changing the amount of your lifetime withdrawal
Starting lifetime withdrawals Lifetime withdrawals may begin at any time.
At the end of any interest term, you can request to change the amount (up to the maximum amount) and/or frequency of your withdrawals. Taking additional withdrawals If you need to withdraw more than your maximum amount, your future maximum amount will decrease due to the change in the contract value. The change in contract value is determined by the excess amount that is withdrawn. For more information, please refer to the Contract Summary and/or Statement of Benefit Information. Withdrawals to satisfy required minimum distributions (RMDs) If you own a tax-qualified contract and need to withdraw more than your maximum amount in order to satisfy RMDs from your contract, the excess amount withdrawn will not result in a proportional reduction to your maximum amount.
Minimum withdrawal start age The selected covered person(s) must be at least 59½ at the time lifetime withdrawals begin. A word about taxes The lifetime withdrawals provided by the withdrawal benefit are generally taxed like any other withdrawal from the contract. You may want to consult a tax professional prior to purchasing Income Edge.
RMD FRIENDLY Excess withdrawals needed to satisfy RMDs will not reduce your maximum amount.
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