14
SYMETRA INCOME EDGE FIXED INDEXED ANNUITY
Other features and benefits
Surrender charges The first seven years of your contract are called the “surrender charge period.” During this time, if you withdraw more than the free withdrawal amount, you will pay a surrender charge on the excess amount, unless a waiver applies. The surrender charge decreases during your contract term as follows:
Contract basics
Minimum purchase payment
$10,000
Purchase age
50–85
Product types
Nonqualified, Roth IRA, IRA and SEP
Interest term length
1 year
In all states except California: Contract year 1
2 3 4 5 6 7 8+
Withdrawal benefit frequency Monthly, quarterly,
semi-annually or annually
Minimum withdrawal amount $100 per payment
Charge* 8% 8% 7% 7% 6% 5% 4% 0%
Covered persons
Single or joint. Covered persons are selected at the time lifetime withdrawals begin.
In California: Contract year 1
2 3 4 5 6 7 8+
Charge* 8% 8% 7% 6% 5% 4% 3% 0%
* As a percentage of the amount withdrawn in excess of the free withdrawal amount.
Death benefit Upon your death, your beneficiaries will receive the greatest of the contract value (which does not reflect any current surrender charge or MVA, if applicable), the cash surrender value (reflecting any applicable surrender charge and MVA), or your original purchase payment (adjusted for any withdrawals). If the withdrawal benefit has been terminated, the death benefit will be the greater of the cash surrender value or contract value.
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