Symetra Logo
QUALIFIED STRETCH DISTRIBUTIONS CALCULATOR
Welcome to our Qualified Stretch Distributions Calculator.

This calculator is designed to help you review distribution options and to determine the Required Minimum Distributions (RMDs) that are required from tax-deferred retirement accounts, including traditional IRAs, qualified annuities, 401(k) plans and other qualified tax-deferred programs. In general, qualified annuity contract owners must begin taking RMDs by April 1 of the year following the year in which they reach age 70½. Failure to take RMDs could trigger an excise tax equal to 50% of the required distribution. This calculator demonstrates the technique of a spousal rollover (if sole beneficiary spouse information is provided), RMDs continuing for the spouse and at the spouse’s death, the stretching out of the remaining contract value to one or more beneficiaries.

To use the calculator, simply enter the appropriate information in the fields below and then click "Calculate".

CALCULATOR
Financial Professional's Name
Owner's Name
Owner's Birthdate
Sole Beneficiary Spouse's Birthdate
Enter Account Value as of 12/31/2013
$
Enter the hypothetical Annual Return on retirement funds
Check the box if you want this to be a negative return    % Max positive return is 10%
BENEFICIARY NAME
BENEFICIARY BIRTHDATE
INHERIT %
CURRENT VALUE
1.
$
2.
$
3.
$
4.
$
5.
$
   
Totals
%
$
HTML Output     PDF Output

In general, RMDs are calculated by dividing the prior year’s ending contract value by a life expectancy factor. The life expectancy factor for all owners, except for those with a sole beneficiary spouse more than 10 years younger, will be based upon the owner’s attained age during the year using the Uniform Lifetime Table. The life expectancy factor for owners with a sole beneficiary spouse who is more than 10 years younger will be based upon their ages attained during the year using the Joint Life and Last Survivor Expectancy Table.

General Disclosures:

Before investing, carefully consider the investment objectives, risks, charges, and expenses. This and other information is contained in the contract prospectus and the underlying Portfolio prospectuses. Please call or write your Registered Representative or Symetra for free copies of the prospectuses or visit www.symetra.com for an online copy. Please read them carefully before investing.

Securities are offered through Symetra Securities, Inc. (SSI). Symetra True Variable Annuity is a flexible premium deferred variable annuity issued by Symetra Life Insurance Company (SLIC). Contract form number is ICC12_RC1 and Wealth Transfer Benefit rider form number is ICC12_RE1 in most states and is not available in all states or any U.S territory. SLIC and SSI are affiliates and are both located at 777 108th Ave NE, Suite 1200, Bellevue, WA 98004.

When you eventually withdraw money, taxes will be due on investment gains at your ordinary federal income tax rate. A 10% IRS early withdrawal tax penalty may also apply to amounts withdrawn prior to age 59½.

Variable Annuities, which are suitable for long-term investing, are subject to market risks, including the potential loss of principal invested. Like many variable annuities, this contract has terms and limitations for keeping it in force. Please contact your Registered Representative for complete details.

While non-qualified annuities offer the added benefit of tax deferral, in the case of qualified annuities, the tax deferral is provided by the retirement plan itself. You should focus on the benefits offered by an annuity to assess if an annuity is right for you.

Please read this disclosure carefully. It contains important information about this analysis. his calculator is designed to help you review distribution options and to determine the RMDs that are required from tax-deferred retirement accounts, including traditional IRAs, qualified annuities, 401(k) plans and other qualified tax-deferred programs. It is provided for general information purposes only. Symetra Life Insurance Company does not assume any responsibility for the accuracy of the information provided, or for your reliance on the information in the analysis.

The information provided is hypothetical and is not intended to be a projection of future values. Actual results will vary. Any change in hypothetical annual return will modify values illustrated. Investments offering the potential for higher annual returns also involve a higher degree of risk to principal. Also, be aware that high annual returns are generally not sustainable over long periods of time. This report is not intended to provide specific investment advice. The potential affect of investment management fees and state and local taxes are not taken into account. If these items were taken into account, the results would be lower. If you purchase a variable annuity, investment return and principal value will fluctuate, and units or shares, when redeemed, may be worth more or less than their original cost. The potential effect of inflation was also not taken into account.

This calculator is not intended as investment, accounting, legal or tax advice and Symetra Life Insurance Company does not give investment, accounting, legal or tax advice. This calculator does not attempt to provide more than general U.S. tax information associated with annuity contracts. This information is written in connection with the promotion or marketing of annuities issued by Symetra Life Insurance Company. This information cannot be used or relied upon for the purpose of avoiding IRS penalties. As with all matters of a tax or legal nature, you should consult your own tax or legal counsel for advice.




Copyright © 2004 - 2012 Symetra Life Insurance Company, 777 108th Ave NE, Suite 1200, Bellevue, WA 98004. All rights reserved. Symetra® is a registered service mark of Symetra Life Insurance Company.
Customers may access their account information from this site. Other information in this site may be pending approval for use in states with website filing requirements.
WebCalcs® Software Copyright ©1995-2014, Torrid Technologies, Inc. All Rights Reserved.