Fixed annuity review and rates

Lincoln Select

A Lincoln Select Fixed Annuity guarantees a fixed interest rate that you can count on. And since it’s not based on market performance, there’s no risk. The interest rate gets set at issue and is guaranteed for the contract period. After the contract period, you’ll receive a new interest rate each subsequent year.

Combined with a tax-deferred advantage
Lincoln Select combines predictable growth and protection with a tax-deferred advantage. Since you won’t be taxed until you make withdrawals from the contract, there’s potential to earn more than you might with taxable products, like a CD.

Partial surrender
During the surrender charge period, 10% of the accumulation value is available per contract year. This partial surrender can be taken without a Market Value Adjustment (MVA) or surrender charge.
If the withdrawal takes the accumulation value below $5,000, it may be treated as a full surrender.

Market Value Adjustment (MVA)
An MVA and a surrender charge will apply if you access more than the 10% free withdrawal before the end of the initial interest rate guarantee period. The MVA is a positive or negative adjustment based on the current interest rate environment at the time of surrender. The MVA does not apply to withdrawals after the surrender charge period, 10% free withdrawals, the death benefit, or when the contract is annuitized.

Death benefit
Once the contract owner or annuitant dies, beneficiaries receive the accumulation value. The death benefit is only available before the contract is annuitized. The death benefit is subject to any applicable taxes. 

Interest Rates

Guaranteed Years Surrender Years Guaranteed Yield Current Yield
5 5 3.65% 3.65%
5 5 3.9% 3.9%
7 7 3.65% 3.65%
7 7 3.9% 3.9%
10 7 3.75% 3.75%
10 7 4% 4%
Lincoln National Life Insurance Company
Founded: 1905
A.M. Best: A
Fitch: A+
S&P: A
Moody's: A1
Carrier details
Free withdrawal
Types of funds
Non-Qualified, IRA, IRA-Roth, Stretch IRA, and NQ Stretch