Symetra’s New Retirement Planning Education Campaign Answers the Question: ‘Does It Pay to Delay Social Security?’

  Symetra’s New Retirement Planning Education Campaign Answers the Question:
  ‘Does It Pay to Delay Social Security?’

Business Wire

BELLEVUE, Wash. -- January 15, 2013

Symetra Life Insurance Company unveiled a new web-based retirement planning
toolkit for financial advisors this week as part of an education campaign that
tackles the question: “Does it pay to delay Social Security?”

“The timing of a client’s Social Security start date can have a significant
impact on his or her retirement income planning. We developed planning tools
and identified resources to help advisors assist their clients with this
important decision,” said Rich LaVoice, Symetra executive vice president,
Retirement Sales and Distribution.

In addition to a higher monthly benefit, delaying Social Security can provide:

  *Tax advantages, by deferring or reducing taxation on those benefits.
  *Spousal advantages, by potentially locking in a higher lifetime benefit
    for a surviving spouse.
  *Inflation protection, which is built into the Social Security program and
    mitigates one of the biggest risks faced by retirees.

The education campaign features collateral pieces addressing these key points
in addition to a dedicated, public-facing website,
www.symetra.com/itpaystodelay. The site, which will be refreshed monthly
through March, provides links to a variety of resources, presentations and
strategy-supporting material from respected industry experts and
organizations.

January’s theme is “Does It Pay to Delay Social Security?” The site features a
marketing flyer and presentation illustrating specific examples of how
delaying Social Security benefits can create more income in the long term.
February’s theme — “Have Your Retirement … and Income, Too” — will outline a
strategy that gives clients the ability to replicate their Social Security
income from ages 62–70 through a period-certain single premium immediate
annuity (SPIA).

“Ready. Set. Delay.” is the theme for March, during which Symetra will sponsor
a webinar for advisors of selected partner firms entitled, “Savvy Social
Security Planning for Boomers: What Advisors Need to Know to Maximize Clients’
Retirement Benefits” and presented by Social Security expert Elaine Floyd of
Horsesmouth.com.

For more information on Symetra’s retirement planning resources and products,
contact the Symetra Sales Desk at 1-800-706-0700 or invest@symetra.com.

About Symetra

Symetra Life Insurance Company is a subsidiary of Symetra Financial
Corporation (NYSE: SYA), a diversified financial services company based in
Bellevue, Wash. In business since 1957, Symetra provides employee benefits,
annuities and life insurance through a national network of benefit
consultants, financial institutions, and independent agents and advisers. For
more information, visit www.symetra.com.

AOXP-413 1/13

Contact:

Symetra Life Insurance Company
Diana McSweeney, 425-256-6167
diana.mcsweeney@symetra.com