SYMETRA SELECT MAX
5
The challenges of retirement today
Here are some key challenges that can affect your approaching retirement that should be taken into consideration: • Growing your retirement savings. • Protecting at least of portion of your savings from unpredictable markets. • Limiting the tax burden. • Retaining access to at least part of your money that’s been set aside for long-term goals.
Select Max offers important advantages that can help address each of these concerns.
Dependable growth that compounds over time The growth in Select Max is enhanced by the power of compounding interest. You earn interest not only on your original purchase amount, but also on the interest your money accrues. Your balance increases as interest is credited daily. Stability Select Max is guaranteed to earn an interest rate regardless of market conditions. You’ll select a time period for your contract (3, 5 or 7 years), and Symetra will pay a guaranteed interest rate for that entire period. If you remain in your contract at the end of your selected time period, your interest rate can reset annually but will never be less than the minimum interest rate stated in your contract. Tax deferral With Select Max, interest grows on a tax-deferred basis. This means you won’t pay income taxes on any earnings until you take your money out of the contract. You might be in a lower tax bracket at that time, helping you keep more of what you accumulated.
Did you know? Your guaranteed growth is enhanced by the power of compounding interest.
Made with FlippingBook - Share PDF online