Lincoln ProtectedPay SM lifetime income

Available with Lincoln InvestmentSolutionsSM RIA variable annuities
 

Clients who don’t have a pension ready to go when the paychecks stop need a strategy for using the money they’ve saved to support the lifestyle they have planned in retirement.
 

With the Lincoln ProtectedPaySM lifetime income suite, available for an additional cost, you can help them replace their paycheck with a stream of income that’s guaranteed for life.

Older couple stand on cobblestoned street with buildings on either side

Predictable growth. The Protected Income Base grows at the greater of 6% (simple interest) or account performance.

Protected income for life. Get a steady income stream or choose an option that delivers more income in the earlier years of retirement.

Investment choice and flexibility. Build a portfolio that fits your clients’ goals and investment preferences.

Explore the lifetime income options

Choose from six options to create an income strategy best suited to your clients’ individual needs, goals and retirement lifestyle.
 

  • Select Core
  • Select Plus
  • Select Max
  • Secure Core
  • Secure Plus
  • Secure Max
Meet Carol

Lincoln ProtectedPay Select CoreSM

Meet Carol

“I want predictable lifetime income.”

She chooses this option because she wants:

  • Consistent income that will last throughout retirement and will never decrease
  • Access to a broad set of investment choices

 

Age Single Joint

75+

6.30%

5.85%

70-74

6.15%

5.60%

65-69

6.00%

5.50%

59-64

4.25%

4.10%

    

Pen writing on check
Tax-advantaged income with i4LIFE®

You have the option to transition the greater of your Protected Income Base or account value to i4LIFE® Advantage Select Guaranteed Income Benefit (GIB). If invested with after-tax money, i4LIFE® helps manage the impact of taxes on your income.

Learn more about i4LIFE®

Meet Janelle

Lincoln ProtectedPay Select PlusSM

Meet Janelle

“I want to hold off taking Social Security income.”

She chooses this option because she wants:

  • Front-loaded retirement income to bridge the gap before Social Security starts
  • Growth potential through a broad set of investment choices

 

Age Single AV>0 Single AV=0 Joint AV>0 Joint AV=0

75+

7.60%

4.00%

7.00%

4.00%

70-74

7.50%

4.00%

6.75%

4.00%

65-69

7.25%

4.00%

6.60%

4.00%

59-64

5.30%

3.00%

4.80%

3.00%

    

Meet Steve

Lincoln ProtectedPay Select MaxSM

Meet Steve

“I want an active life in retirement.”

He chooses this option because he wants:

  • Higher income during the first part of retirement to meet anticipated higher expenses
  • Growth potential through a broad set of investment choices

 

Age Single AV>0 Single AV=0 Joint AV>0 Joint AV=0

75+

8.80%

3.50%

8.30%

3.25%

70-74

8.55%

3.50%

8.10%

3.25%

65-69

8.30%

3.50%

7.90%

3.25%

59-64

5.30%

3.00%

4.80%

3.00%

    

Meet George

Lincoln ProtectedPay Secure CoreSM

Meet George

“I’m concerned I’ll run out of money in retirement.”

He chooses this option because he wants:

  • Consistent income that will last throughout retirement and will never decrease
  • Access to more focused, less risky set of investment choices

 

Age Single Joint

75+

6.55%

6.10%

70-74

6.30%

5.85%

65-69

6.10%

5.60%

59-64

4.75%

4.35%

    

Pen writing on check
Tax-advantaged income with i4LIFE®

You have the option to transition the greater of your Protected Income Base or account value to i4LIFE® Advantage Select Guaranteed Income Benefit (GIB). If invested with after-tax money, i4LIFE® helps manage the impact of taxes on your income.

Learn more about i4LIFE®

Meet Victor

Lincoln ProtectedPay Secure PlusSM

Meet Victor

“I don’t want my lifestyle compromised by market movement.”

He chooses this option because he wants:

  • More income earlier in retirement with adjusted, lower payments that are guaranteed for life
  • Access to more focused, less risky set of investment choices

 

Age Single AV>0 Single AV=0 Joint AV>0 Joint AV=0

75+

7.85%

4.00%

7.25%

4.00%

70-74

7.75%

4.00%

7.00%

4.00%

65-69

7.50%

4.00%

6.85%

4.00%

59-64

5.65%

3.00%

5.15%

3.00%

    

Meet Lori

Lincoln ProtectedPay Secure MaxSM

Meet Lori

“I want to travel the world as soon as I retire.”

She chooses this option because she wants:

  • Maximum initial income to help with the higher level of expenses she expects.
  • Access to more focused, less risky set of investment choices

 

Age Single AV>0 Single AV=0 Joint AV>0 Joint AV=0

75+

9.00%

3.50%

8.50%

3.25%

70-74

8.75%

3.50%

8.30%

3.25%

65-69

8.50%

3.50%

8.10%

3.25%

59-64

5.65%

3.00%

5.15%

3.00%

    

How RIAs are helping clients allocate less to get more upfront income

First Name
Last Name
Firm Email Address
Business Phone

View other Lincoln InvestmentSolutionsSM products

Couple sit in the open back of an SUV looking out into a field
mobile phone
Get started

Connect with us and let your dedicated consultant make it easy for you to implement Lincoln RIA Class annuities.

LincolnRIA@LFD.com
877-533-5630
Find your consultant

Lincoln ProtectedPaySM lifetime income suite is available for an additional annual charge of 1.50% above standard contract expenses, or 1.60% for joint life (maximum annual charge is 2.75%). Investment requirements apply.

The 6% simple annual growth will continue for the earlier of 10 years or through age 85 (based on the oldest life for joint). The 6% enhancement is not available in any year a withdrawal is taken. See the prospectus for complete details.

The Protected Annual Income rate is based on the age at the time of the first withdrawal. Thereafter, the PAI rate will only change after reaching a higher age band and after an account value lock in. With Lincoln’s tiered income options; Lincoln ProtectedPay Select PlusSM, Lincoln ProtectedPay Select MaxSM, Lincoln ProtectedPay Secure PlusSM, and Lincoln ProtectedPay Secure MaxSM, your protected income payout will decrease if your account value falls to zero.

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 your own independent advisor 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 variable annuity prospectus contains this and other important information about the variable annuity and its underlying investment options. Please call 888-868-2583 for a free prospectus. Read it carefully before investing or sending money.

Products and features are subject to state availability.

Lincoln variable annuities and American Legacy® variable annuities 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.

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.

Not available in New York.

Lincoln products are not a deposit nor FDIC-insured, may go down in value, and are not insured by any federal government agency or guaranteed by any bank or savings association. All guarantees and benefits of the insurance policy are subject to the claims-paying ability of the issuing insurance company. They are not backed by the broker dealer and/or insurance agency selling the policy, or any affiliates of those entities other than the issuing company affiliates, and none makes any representation or guarantees regarding the claims-paying ability of the issuer.