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This document is dated November 19, 2009. It may not be accurate after such date and LNC does not undertake to update or keep it accurate after such date.
   
 

Lincoln Financial Group Launches Lincoln MYGuaranteeSM Plus Fixed Annuity

PHILADELPHIA, November 19, 2009 — Lincoln Financial Group (NYSE: LNC) today announced the introduction of 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.

"We are excited to offer Lincoln MYGuaranteeSM Plus to our retail distribution partners," said Anthony Brown, Head of Annuity Sales, Lincoln Financial Group. "Lincoln MYGuaranteeSM Plus 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."

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.
  • Protection — Should a client die before the annuity payments begin, the contract's accumulation value will be paid to the beneficiary they designate. Since some or all of the death benefit may be taxable to the beneficiary, a tax advisor should be consulted about possible tax implications.
  • Tax-Deferral — The annuity offers tax-deferral enabling people to defer paying taxes until money is withdrawn, allowing assets to earn more.
  • Emergency Access to Assets — In the event people need emergency access to cash, the product features access to income each year with a 10 percent withdrawal allowed, free of charge, before the interest guarantee period ends. If a withdrawal is made in excess of 10 percent, a surrender charge and market value adjustment (MVA) are applied. The MVA may be a positive or negative adjustment depending on the interest rates at the time of the withdrawal.*

"With market volatility, comes the need for flexible and reliable retirement solutions that people can count on," said Kris Kattmann, VP and Associate Actuary for Lincoln Financial Group. "Lincoln MYGuaranteeSM Plus fixed annuity offers growth potential, protection and allows people to adjust the solution in a way that better meets the needs of their retirement plans.."

A fixed annuity is intended for retirement or other long-term needs. It is intended for a person who has sufficient cash or other liquid assets for living expenses and other unexpected emergencies, such as medical expenses. A fixed annuity is not a registered security or stock market investment and does not directly participate in any stock or equity investments, or index.

Lincoln MYGuaranteeSM Plus single premium deferred fixed annuity (contract form 09-612MY or state variation) is issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker/dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so. Contractual obligations are backed by the claims-paying ability of The Lincoln National Life Insurance Company..

Contracts sold in New York (contract form 09-612NY or state variation) are issued by Lincoln Life & Annuity Company of New York, Syracuse, NY, and distributed by Lincoln Financial Distributors, Inc., a broker/dealer. Contractual obligations are backed by the claims-paying ability of Lincoln Life & Annuity Company of New York.

*Withdrawals are subject to income taxes and, if withdrawn before age 59 1/2, a 10% federal penalty tax may apply. Withdrawals during the surrender charge period are subject to surrender charges and a market value adjustment (MVA). Withdrawals during the guaranteed period are subject to an MVA.

Product and features are subject to state availability. Limitations and exclusions may apply.

About Lincoln Financial Group
Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in the Philadelphia region, the operating companies of Lincoln Financial Group had assets under management of $137 billion as of September 30, 2009. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability insurance; 401(k) and 403(b) plans; savings plans; mutual funds; managed accounts; institutional investments; and comprehensive financial planning and advisory services. Affiliates also include: Delaware Investments, the marketing name for Delaware Management Holdings, Inc. and its subsidiaries. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.

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For more information:

Media Contact:
Daniela Palmieri
484 583-2986
E-mail: MediaRelations@LFG.com





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Hello future.
Lincoln Financial Group is the marketing name for Lincoln National Corporation and insurance
company affiliates, including The Lincoln National Life Insurance Company, Fort Wayne, IN,
and in New York, Lincoln Life & Annuity Company of New York, Syracuse, NY. Variable products
distributed by broker/dealer-affiliate Lincoln Financial Distributors, Inc., Radnor, PA. Securities
and investment advisory services offered through other affiliates. Explore Lincoln.



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