Lincoln Financial Group, Philadelphia, has introduced its new single premium product, Lincoln MYGuaranteeSM Plus deferred fixed annuity. The solution is available for qualified (IRA and Roth IRA) and non-qualified money available for retail distribution to Managing General Agent (MGA) partner firms as well as Lincoln Financial Network.
This new retirement solution helps people secure their financial futures by offering a steady, tax-deferred fixed rate of return without equity risk. The solution also offers interest rate guarantee periods for a specific number of years up to a full decade allowing clients to choose a time period suited to their financial goals.
Lincoln MYGuaranteeSM Plus Fixed Annuity includes:
Growth — The product provides guaranteed, predictable growth over a specific time period and clients can choose one of eight interest rate periods, ranging from three to 10 years.