Lincoln Level Advantage 2 (NY) B-Share
Lincoln Level Advantage 2 (NY) B-Share
About Product
Please note, availability is subject to firm and state approval
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 6-Year S&P 500 Dual10 Plus with Cap |
Dual10 Plus
6-Year
|
85%
Cap
|
| 6-Year S&P 500 Dual15 Plus with Cap |
Dual15 Plus
6-Year
|
70%
Cap
|
| 6-Year First Trust American Leadership Dual15 Plus with Cap |
Dual15 Plus
6-Year
|
90%
Cap
|
| 6-Year Capital Strength Net Fee Dual15 Plus with Cap |
Dual15 Plus
6-Year
|
55%
Cap
|
| 6-Year Russell 2000 Dual15 Plus with Cap |
Dual15 Plus
6-Year
|
90%
Cap
|
| 1-Year S&P 500 Dual Performance Triggered 10% Buffer |
Dual Performance Trigger (RILA)
Annual
|
7.25%
Performance triggered
|
| 1-Year Russell 2000 Dual Performance Triggered 10% Buffer |
Dual Performance Trigger (RILA)
Annual
|
8%
Performance triggered
|
| 1-Year Capital Strength Net Fee Index Dual Performance Triggered 10% Buffer |
Dual Performance Trigger (RILA)
Annual
|
7%
Performance triggered
|
| 1-Year First Trust American Leadership Dual Performance Triggered 10% Buffer |
Dual Performance Trigger (RILA)
Annual
|
7.25%
Performance triggered
|
| 6-Year S&P 500 Annual Lock Cap 10% Buffer |
Annual Lock
6-Year
|
11.5%
Cap
|
| 6-Year Russell 2000 PTP Cap 15% Buffer |
Point to Point
6-Year
|
90%
Cap
|
| 6-Year First Trust American Leadership PTP Cap 15% Buffer |
Point to Point
6-Year
|
90%
Cap
|
| 1-Year S&P 500 PTP Cap 15% Buffer |
Point to Point
Annual
|
13%
Cap
|
| 1-Year S&P 500 PTP Cap 20% Buffer |
Point to Point
Annual
|
11%
Cap
|
| 1-Year Russell 2000 PTP Cap 10% Buffer |
Point to Point
Annual
|
20%
Cap
|
| 1-Year Capital Strength Net Fee PTP Cap 15% Buffer |
Point to Point
Annual
|
11.25%
Cap
|
| 1-Year Capital Strength Net Fee PTP Cap 10% Buffer |
Point to Point
Annual
|
15.5%
Cap
|
| 1-Year First Trust American Leadership PTP Cap 15% Buffer |
Point to Point
Annual
|
14.5%
Cap
|
| 1-Year First Trust American Leadership PTP Cap 10% Buffer |
Point to Point
Annual
|
17.5%
Cap
|
| 1-Year Nasdaq-100 PTP Cap 10% Buffer |
Point to Point
Annual
|
16.5%
Cap
|
| 6-Year S&P 500 PTP Cap 15% Buffer |
Point to Point
6-Year
|
80%
Cap
|
| 6-Year S&P 500 PTP Cap 25% Buffer |
Point to Point
6-Year
|
65%
Cap
|
| 6-Year Capital Strength Net Fee PTP Cap 15% Buffer |
Point to Point
6-Year
|
80%
Cap
|
| 6-Year Capital Strength Net Fee PTP Cap 10% Buffer |
Point to Point
6-Year
|
90%
Cap
|
| 6-Year Russell 2000 PTP Cap 10% Buffer |
Point to Point
6-Year
|
100%
Cap
|
| 1-Year S&P 500 PTP Cap 10% Buffer |
Point to Point
Annual
|
15.5%
Cap
|
| 6-Year First Trust American Leadership PTP Cap 10% Buffer |
Point to Point
6-Year
|
100%
Cap
|
| 6-Year Capital Strength Net Fee PTP Cap 25% Buffer |
Point to Point
6-Year
|
60%
Cap
|
| 6-Year S&P 500 PTP Cap 10% Buffer |
Point to Point
6-Year
|
90%
Cap
|
| 1-Year S&P 500 Performance Triggered 20% Buffer |
Performance Triggered
Annual
|
9%
Performance triggered
|
| 1-Year S&P 500 Performance Triggered 15% Buffer |
Performance Triggered
Annual
|
9.5%
Performance triggered
|
| 1-Year S&P 500 Performance Triggered 10% Buffer |
Performance Triggered
Annual
|
10.5%
Performance triggered
|
| 1-Year Nasdaq-100 Performance Triggered 10% Buffer |
Performance Triggered
Annual
|
12%
Performance triggered
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
| Penalty | 7% | 7% | 6% | 5% | 4% | 3% |
Riders
No Riders for Lincoln Level Advantage 2 (NY) B-Share annuity.
Waivers
Death
A surrender charge does not apply to: A surrender of the Contract as a result of the death of the Contractowner or Annuitant.
Nursing Home
A surrender charge does not apply to: A surrender or withdrawal of the Purchase Payment, as a result of the admittance of the Contractowner to an accredited nursing home or equivalent health care facility, where the admittance into the facility occurs after the effective date of the Contract and the owner has been confined for at least 90 consecutive days.
Terminal Illness
A surrender charge does not apply to: A surrender or withdrawal of the Purchase Payment as a result of the diagnosis of a terminal illness of the Contractowner. Diagnosis of a terminal illness must be after the effective date of the contract and results in a life expectancy of less than one year as determined by a qualified professional medical practitioner.
Annuitization
A surrender charge does not apply to: Periodic income payments made under any Annuity Payout option.
Disability
A surrender charge does not apply to: A surrender or withdrawal of the Purchase Payment, as a result of permanent and total disability of the Contractowner as defined in Section 22(e)(3) of the tax code, if the disability occurred after the effective date of the Contract and before the 65th birthday of the Contractowner.
RMD
RMD withdrawals are not treated as excess withdrawals when taken as systematic payments under the insurer’s program and subject to specific conditions; otherwise, amounts exceeding the permitted limit, including RMDs, may incur charges.
Premium Notes
The Purchase Payment will be allocated, according to your instructions, among one or more of the Indexed Accounts available under your Contract. The minimum amount that may be allocated into an Indexed Account is $2,000.
Withdrawal Provisions
Free WithdrawalsThe free amount is equal to 10% of the current Contract Value (this does not apply upon surrender of the Contract).
- A.M. Best A
- Fitch A+
- S&P A+
- Moody's A2
- Comdex 82
