Lincoln Financial Group (LFG), founded in 1905 as Lincoln National Corporation, has grown to become one of the largest insurance companies in the United States. With a history that includes weathering the Great Depression, Lincoln Financial has continually evolved to meet the needs of its customers.
Lincoln Financial Group offers a broad range of annuity products, including fixed annuities, income annuities, multi-year guaranteed annuities, fixed index annuities, and variable annuities. Each of these products caters to different financial goals and preferences:
Fixed Annuities: The Lincoln MYGuarantee Plus single premium deferred annuity is designed to convert a lump sum into a guaranteed income stream, earning a fixed interest rate agreed upon at the contract's inception.
Income Annuities: Products like the Lincoln Insured Income immediate fixed annuity convert a large sum into annuity payments immediately. These can be structured over various timeframes and for single or joint lives, with different payment frequencies.
Multi-Year Guaranteed Annuities (MYGAs): The Lincoln MYGuarantee Plus offers a guaranteed initial interest rate for five to ten years. The rates for subsequent years are set annually and will not be lower than the initial rate.
Fixed Index Annuities: These combine the security of fixed annuities with the growth potential of variable annuities. LFG's offerings in this category include Lincoln OptiBlend®, Lincoln Covered Choice®, and Lincoln FlexAdvantage®.
Variable Annuities: LFG provides a range of variable annuity products like American Legacy®, Lincoln Investor Advantage®, and Lincoln ChoicePlus℠. These offer the opportunity to participate in equity market growth while providing a guaranteed income stream in retirement.
In our commitment to providing unbiased, data-driven analysis, we have thoroughly reviewed several Lincoln Financial Annuities. Our reviews take a deep dive into the intricate components of each annuity product, examining key factors such as the indexes used, crediting methods, cap and participation rates, surrender charge schedules, rider options, the overall financial strength of the company, and much more.
Our purpose is to simplify the complex world of annuities for you, transforming complex financial jargon into clear, actionable information. So, whether you are a novice investor trying to understand the basics, an experienced investor seeking advanced financial strategies, or an advisor searching for in-depth analysis, our Lincoln Financial Annuities reviews can cater to your needs.