Lincoln Fixed Indexed Annuity Product UpdateAnnuity Department
Due to the current interest rate environment, i4LIFE® Indexed Advantage without Guaranteed Income Benefit available on Lincoln OptiBlend® 10 fixed indexed annuity will be suspended. This will affect post-issue elections for contracts issued on or after April 15, 2020. For details and transition guidelines, please review Lincoln’s Announcement Flyer.
Also, rates are changing as of April 15th. Click to view the updated rate sheet. FIA Applications signed prior to the 15th have a 14-day rate hold. For more information, take a look at Lincoln’s rate hold policy.
You still have time to lock in the 50% participation rate on the Fidelity AIM Dividend Participation strategy! This strategy is showing a 4.05% return for the last 12 months (https://www.bloomberg.com/quote/FIDAIMDN:IND).
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