Symetra Life Select Max 3
Current Fixed Rates Bands
Rate Effective Date October 9, 2026
The Symetra Life Select Max 3 is a modified, single-premium fixed annuity with a three-year rate lock. After three years, owners can withdraw, transfer, or renew for a new term. If no action is taken, a new rate will be declared for the next 12 months, but the contract will not automatically renew for a new term.
During the first year, this policy accepts deposits of $1K or more. Four rate bands are available. Deposits over $250K receive the highest annual rate. This account accepts non-qualified, IRA, and Roth IRA funds. There are no surrender charges at death. Free interest withdrawals are allowed after 30 days.
Owners may make additional purchase payments of $1,000 or more during the first contract year, either as lump sums or monthly contributions, up to $1 million. The spousal continuation option allows a surviving spouse named as primary beneficiary or joint owner to continue the contract without future withdrawal charges or MVAs.
More Annuity options from: Symetra Life
Notable Features
This policy includes Terminal Illness, Nursing Home, and Hospitalization waivers at no cost. Please see the brochure for more details. Surrender and MVA charges can be waived when the spousal continuance option is elected.
Additional Details
Product Type
MYGA (Multi-Year Guaranteed Annuity)
Term
3 Years
Free Withdrawals Yr1 / Yr2+
Interest / Interest
Additional Withdrawal Information
This annuity allows for annual withdrawals of accumulated interest, less any previously withdrawn amounts, without withdrawal or MVA charges. The contract is also RMD-friendly for IRA owners.
Surrender Schedule
8%, 8%, 7%, 0%
Maximum Age
85
Minimum Investment
$250,000
Maximum Investment
$1,000,000
What We Like About This Annuity
Owners can add funds in the first year. The contract does not automatically renew at maturity. Several interest rate bands are available, and free accumulated interest withdrawals are available in all years. The policy offers a unique spousal continuance option.
Other Popular Products
Symetra offers several popular life and annuity policies. Their fixed-indexed and income annuity accounts are competitive nationwide. Additionally, their permanent and term life policies are competitively priced for those needing estate protection.
About Symetra Life
Symetra Life
AM Best Rating: A Excellent (3rd of 13 ratings)
https://www.symetra.com/
About Symetra Life Insurance Company
With over 65 years in business, Symetra Life is a full-fledged life, annuity, and employer benefit-focused insurance company.
Headquartered in Bellevue, Washington, they boast an A rating with AM Best and over $65 billion under management. They are also A rated with Moody’s, Standard and Poor’s, and have an 81 Comdex rating.
Value, transparency, and sustainability are three core principles guiding this well-diversified insurance carrier. They are highly involved in their community through social outreach, corporate responsibility, and sustainable governance.