Lincoln MYGuaranteeSM Plus fixed annuity

Lincoln MYGuaranteeSM Plus fixed annuity is a single premium annuity that offers several features to help meet accumulation and income needs.

Key features include:

  • A guaranteed initial interest rate, depending on the product version.
  • Annual interest rates are set after the initial interest rate guarantee period. Subsequent interest rates will never be lower than the minimum fixed interest rate stated in the contract.
  • Fixed account interest is credited and compounded daily.
  • Length of the surrender charge schedule generally matches the initial interest rate guarantee period.
  • View the NY rates here. (PDF)

Lincoln OptiChoice SM NY fixed indexed annuity

Lincoln OptiChoiceSM NY fixed indexed annuity is a flexible premium annuity that offers several features to help meet accumulation and income needs.

Key features include:

  • A Fixed Account offers a set interest rate for one year. Subsequent interest rates are declared annually.
  • One indexed account, the 1 Year S&P 500 Performance Triggered, has potential to earn interest tied to the performance of the S&P 500. A base indexed interest rate is credited to this account regardless of the performance of the S&P 500 Index.
  • A 5-year, 7-year or 9-year surrender charge schedule
  • View the NY rates here. (PDF)
  • Variable and Fixed Annuity New York Product Comparison Chart

If you have questions or for more information, please contact a financial professional.

Lincoln MYGuaranteeSM Plus fixed annuities (contract form 09-612MYNY) and Lincoln OptiChoiceSM NY fixed indexed annuities (contract form 05-606LNY1) 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 subject to the claims-paying ability of Lincoln Life & Annuity Company of New York.

Taxes are due upon withdrawal, and if withdrawn before age 591/2, may be subject to an additional 10% federal tax penalty. Withdrawals and surrenders may be subject to surrender charges. There is no additional tax deferral benefit for contracts purchased in an IRA or other tax-qualified plan, since these are already afforded tax-deferred status. Therefore, an annuity should only be purchased in an IRA or qualified plan if the client values some of the other features of the annuity.

The S&P 500 Index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”), and has been licensed for use by The Lincoln National Life Insurance Company. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by The Lincoln National Life Insurance Company. The Lincoln National Life Insurance Company’s products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such products nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.

The exact terms of the annuity are contained in the contracts and any attached riders, which will control the issuing company’s contractual obligations. For more information about the annuity, please also read the Disclosure Statement and Facts-At-A-Glance, or contact your Lincoln representative.

Guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. Products and features are subject to state availability.

Lincoln Financial Group® affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice. Clients should consult their own independent advisor as to any tax, accounting or legal statements made herein.

Not a deposit.

May go down in value.

Not FDIC-insured — Not insured by any federal agency.

Not guaranteed by any bank or savings association.