Best available rate
5.7%
5-yr guarantee · 5-yr surrender schedule · $100,000+ premium
Up to 5.7% depending on guarantee term and premium band.
View all rates and terms ↓10%
Free W/D
49
Available jurisdictions
Rates as of August 6, 2026. CANNEX via AdvisorWorld; confirm rates and state availability before purchase.
Product analyzer
Run numbers for Lincoln Select
guaranteed rates, terms, state availability, surrender details, and contract facts stay scoped to this Lincoln Financial product.
Live product data
Rates as of August 6, 2026, from AdvisorWorld and CANNEX.
Five-year guaranteed rate
5.7% guaranteed for 5 years
A multi-year guaranteed annuity from an A-rated Lincoln Financial carrier, offering a flat guaranteed rate across the published term menu on a ten-year surrender ladder whose late-year charges fall away on their own, with no index strategies and no income rider.
Best fit
Buyers who want a flat guaranteed multi-year crediting rate from an A-rated carrier on a contract whose late-year surrender penalty falls off on its own toward the end of the ladder.
Available guarantee terms
5, 7, and 10 years
AM Best
A Excellent
Available surrender terms
5, 7, and 10 years
Free withdrawal
10%/yr
Availability
49 jurisdictions (excl. California, New York)
Product analyst notes
How to think about this contract
Why it can stand out
- Carrier financial strength carries three independent ratings (A.M. Best, S&P, and Moody's), so the multi-year guaranteed rate is backed by a multi-agency view of carrier strength rather than a single-source read.
- Surrender ladder runs the full ten-year length on this contract but the back end of the schedule drops to zero in the late years — the contract is a long-term MYGA on paper, but the late-year surrender penalty falls away on its own.
- Free-withdrawal allowance and the full surrender ladder are visible on this page, so the penalty-free liquidity schedule is not gated behind a sales brochure.
- Term menu is published on the live feed, so a buyer can see the published guaranteed-rate term options side by side and pick the term that matches their planning horizon.
What to confirm
- Lincoln Select is not a guaranteed-lifetime-income product. There is no GLWB rider attached, and there are no strategies or caps — it is a flat-rate multi-year guarantee. Do not compare its payout side-by-side with a rider-led income FIA or a participating-rate product.
- The state footprint on this contract is narrower than Lincoln's other MYGAs — this contract does not publish into Guam or Puerto Rico, whereas the MyGuarantee Plus pair does. Confirm state availability for the buyer's jurisdiction before going further.
- Lincoln Select is a legacy MYGA on Lincoln's shelf. Lincoln markets MyGuarantee Plus and MyGuarantee Plus Class as the active filings; compare those before locking in.
- The contract carries an annual free-withdrawal allowance but no premium bonus and no death-benefit roll-up beyond the standard death benefit.
Not ideal for
Buyers who want index-linked upside (compare Lincoln's FIA shelf), a lifetime-income GLWB rider, a premium bonus, or live in California or New York.
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Guaranteed Rates by Term
| Term | Surrender term | $10,000–$99,999Premium | $100,000+Premium |
|---|---|---|---|
| 5-Year | 5-Year schedule | 3.5%Rate convention not stated | 5.7%Rate convention not stated |
| 7-Year | 7-Year schedule | 3.8%Rate convention not stated | 5.55%Rate convention not stated |
| 10-Year | 10-Year schedule | 3.95%Rate convention not stated | 5.4%Rate convention not stated |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
2Nursing home waiver, Terminal illness waiver
Death benefit
Standard Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single lifeContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
7-Year Version
Yr 1
7%
Yr 2
7%
Yr 3
6%
Yr 4
5%
Yr 5
4%
Yr 6
3%
Yr 7
2%
Yr 8
0%
Yr 9
0%
Yr 10
0%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
Free Comparison Report
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See how Lincoln Select compares for your age, state, premium, and income goals alongside other Lincoln Financial MYGA options.