Lincoln Fixed Account
Product:
Multi-Fund Select Variable Annuity
Investment Detail
Strategy
The Fixed Account provides a competitive current interest rate that translates into the highest possible return with the lowest level of risk while also offering the protection of principal.Fixed Investment Option Features
Minimum rate of return: |
1.75%
|
|---|---|
Guaranteed minimum interest rate is good for: |
1.75 is the minimum rate for contract yrs 1-10. 3% is the minimum for contract years 11+.
|
Interest rate as of January 1st of Current Year: |
1.75%
|
How often the rate can change: |
The rate changes on a quarterly basis.
|
Market Value Adjustment: |
N/A
|
Restrictions that apply to this fixed account: |
The minimum single transfer amount from the fixed account is the lesser of 1) $500; or 2) the remaining amount in the fixed account. In addition, transfers from the fixed account to the variable subaccounts will be limited to 25% of the value of the fixed account in any contract year.
|
|
How often funds can be transferred into fixed
Option from other options within this product:
|
Transfers are limited to twelve (12) times per contract year, unless otherwise authorized by LFG.
|
|
How often funds can be transferred out of this
fixed option into other options within this product:
|
Transfers are limited to twelve (12) times per contract year, unless otherwise authorized by LFG.
|
|
Other Features:
|
|