It offers a steady, tax-deferred fixed rate of return with interest rate guarantee periods ranging from three to 10 years. Should the investor need emergency access to cash, they may withdraw 10% a year before the interest guarantee period ends without being fined a surrender charge or subject to a potentially downward market value adjustment.
“We are excited to offer Lincoln MYGuarantee Plus to our retail distribution partners,” said Anthony Brown, head of annuity sales. The annuity “offers a strong combination of flexibility, stability and protection and is one more way we are tailoring our offerings for our distribution partners and meeting the ever-changing needs of our clients.”