Symetra Life Insurance Company is selling a new variable annuity through education and nonprofit retirement plans.
Symetra, Belleview, Wash., says its designed the new product, Retirement Passport, for 403(b) and 457 retirement plans. It is packaged with 60 portfolio options from 13 money managers, including American Funds, Fidelity Investments and Vanguard. Options include funds that invest solely in companies reputed to be socially and environmentally responsible.