You’re investing for a reason. Maybe it’s to fund retirement, to pay for a lifestyle, the desire to leave a legacy – or all of these. To grow with you and meet your needs as life changes, you have access to these optional benefits.
Turn on income when you’re ready with i4LIFE® Advantage,* an optional income benefit, available for an additional charge. It’s designed for investors who want:
Tax-efficient income payments
Continued participation in the growth potential of the market
Control over investment options
Access to your account value
i4LIFE® Advantage is available for an additional annual cost of 0.40%.
Annuities can be an effective way to make sure your assets are passed on to your loved ones with the death benefit feature. To help offset the potential tax impact for your beneficiaries, you could elect the Earnings Optimizer Death Benefit* for an additional cost.
TAX-EFFICIENT ESTATE PROTECTION
If there are gains in the contract, beneficiaries will receive an additional 40% of the earnings. In years with substantial gains, a more substantial death benefit helps offset estate taxes.
*Available to contract owners and annuitants under age 70 for an additional annual cost of 0.40%, and ages 70 – 75 for 0.70%. Gives beneficiaries the greater of the principal (adjusted proportionately for withdrawals and dollar-for-dollar for i4LIFE® Advantage payments) or the current contract value plus 40% of earnings (adjusted proportionately for withdrawals and dollar-for-dollar for i4LIFE® Advantage payments) if there are gains in the contract (not to exceed 200% of total deposits, adjusted proportionately for withdrawals only). The rider is irrevocable and does not provide an opt-out provision for fee increases. Investment requirements apply. Not available for contracts in Washington.
Lincoln Financial Group® affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice. Please consult an independent professional as to any tax, accounting or legal statements made herein.
Variable annuities are long-term investment products designed for retirement purposes and are subject to market fluctuation, investment risk and possible loss of principal. Variable annuities contain both investment and insurance components and have fees and charges, including mortality and expense, administrative and advisory fees. Optional features are available for an additional charge. The annuity’s value fluctuates with the market value of the underlying investment options, and all assets accumulate tax-deferred. Withdrawals of earnings are taxable as ordinary income and, if taken prior to age 59½, may be subject to an additional 10% federal tax.
Withdrawals will reduce the death benefit and cash surrender value.
Investors are advised to consider the investment objectives, risks, and charges and expenses of the variable annuity and its underlying investment options carefully before investing. The applicable prospectuses for the variable annuity and its underlying investment options contain this and other important information. Please call 888-868-2583 for free prospectuses. Read them carefully before investing or sending money. Products and features are subject to state availability.
Lincoln Investor Advantage® variable annuities (contract forms 30070-A, 30070-B, ICC21-30070A and ICC21-30070B and state variations) are 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.
Contracts sold in New York (contract forms 30070-A-NY and 30070-B-NY) are issued by Lincoln Life & Annuity Company of New York, Syracuse, NY, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer.
All contract and rider guarantees, including those for optional benefits, fixed subaccount crediting rates, or annuity payout rates, are subject to the claims-paying ability of the issuing insurance company. They are not backed by the broker-dealer or insurance agency from which this annuity is purchased, or any affiliates of those entities other than the issuing company affiliates, and none makes any representations or guarantees regarding the claims-paying ability of the issuer.
There is no additional tax-deferral benefit for an annuity contract purchased in an IRA or other tax-qualified plan.
All features and products may not be available in all states or through all firms.