RetireOne Adds Symetra Advisory FIAs To Annuity Platform
"We are partnering with Symetra to serveup innovative insurance solutions to help advisors and their clients meet retirement goals," said RetireOne CEO
The Symetra Advisory Income Edge FIA offers a lifetime withdrawal benefit that provides guaranteed lifetime income with upside potential, with an option for that upside to continue even after income payments begin. "Between 1997 and 2016, prices for consumer goods increased by 53 percent1," said
The withdrawal benefit offers three ways for the income stream to grow. The withdrawal percentage is guaranteed to increase each year of up to 10 years before lifetime income is taken. If the contract value increases prior to beginning lifetime income, the maximum withdrawal amount may increase further. And after lifetime income withdrawals begin, they may be increased each year based on the performance of the underlying strategies chosen under the index-linked income option.
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