Lincoln OptiBlend 5 (CA Only)
Lincoln OptiBlend 5 is exceptionally tailored for your golden years. Its flexible design and array of options benefit retirement planning and income needs. Enjoy a guaranteed interest rate, secured against market downturns.
Exclusively available in California, it's a worthwhile addition to your retirement plan. The Lincoln OptiBlend 5 is a solid, insured investment, giving you peace-of-mind throughout your retirement.
Lincoln OptiBlend 5 (CA Only)
About Product
The Lincoln OptiBlend 5 is not an investment in the stock market. It is a fixed annuity that credits interest based on distinct Index Account Options Index (including the S&P 500 Daily Risk Control 5% Index) and the annual performance of the underlying indices with a fixed account option.
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
2.75%
Fixed
|
| 1-Year BlackRock Dynamic Allocation PTP Participation Rate |
Point to Point
Annual
|
155%
Participation
|
| 2-Year BlackRock Dynamic Allocation PTP Participation Rate |
Point to Point
Biennial
|
175%
Participation
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
40%
Participation
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7%
Cap
|
| 1-Year S&P 500 Performance Triggered |
Performance Triggered
Annual
|
6.25%
Performance triggered
|
| 1-Year Fixed Account |
Fixed
|
3%
Fixed
|
| 1-Year BlackRock Dynamic Allocation PTP Participation Rate |
Point to Point
Annual
|
165%
Participation
|
| 2-Year BlackRock Dynamic Allocation PTP Participation Rate |
Point to Point
Biennial
|
200%
Participation
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7.75%
Cap
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
45%
Participation
|
| 1-Year S&P 500 Performance Triggered |
Performance Triggered
Annual
|
7%
Performance triggered
|
| 1-Year S&P 500 Daily Risk Control 5% ER PTP Spread |
Point to Point
Annual
|
0.25%
Spread
|
| 1-Year S&P 500 Daily Risk Control 5% ER PTP Spread |
Point to Point
Annual
|
|
| 1-Year S&P 500 Daily Risk Control 10% ER Performance Trigger |
Performance Triggered
Annual
|
7.75%
Performance triggered
|
| 1-Year S&P 500 Daily Risk Control 10% ER Performance Trigger |
Performance Triggered
Annual
|
8.75%
Performance triggered
|
| 1-Year S&P 500 Dual Trigger |
Dual Performance Trigger (FIA)
Annual
|
5.5%
Performance triggered
|
| 1-Year S&P 500 Dual Trigger |
Dual Performance Trigger (FIA)
Annual
|
6.5%
Performance triggered
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| Penalty | 9% | 8% | 7% | 6% | 5% |
Riders
No Riders for Lincoln OptiBlend 5 (CA Only) annuity.
Waivers
Death
Upon the death of a contract-owner or annuitant, beneficiaries may receive the greater of the contract value, GMCSV or GMNSV
Nursing Home
Allows access to contract value without surrender charge or MVA if certain conditions are met. Please see the Disclosure Statement for necessary criteria and conditions. Nursing home and terminal illness benefits are provided through riders. The nursing home waiver does not include home health care.
Terminal Illness
After the first policy anniversary, you may exercise the benefit of the Terminal Illness Rider, providing you access to your policy's accumulation value without an MVA or a surrender charge. Diagnosis of a terminal illness must be made after the policy issue date. Rider subject to state availability.
Premium Notes
Minimum: $10,000;
Additional premiums
Up to $25,000 each contract year (minimum $50). Additional premiums are applied to the Fixed Account and can be moved during the reallocation period. Maximum of $100,000 cumulative additional premiums. Additions are allowed any time until the maturity date.
Withdrawal Provisions
Death Benefit Upon Death of the Owner, or Joint Owner, if any, die before annuity payments begin, a death benefit may be payable to the beneficiary consisting of an amount equal to the greater of the accumulation value or the guaranteed minimum non-surrender value. Free Withdrawals Each policy year you may take free partial surrenders of up to 10% of the policy's accumulation value without an MVA or surrender charge, but any amount in excess of 10% is subject to an MVA and surrender charge. The annuitization options are: Income for a Fixed Period (for at least 5 years) Life Income (Life Only, Life with Guaranteed Period, and Life with Installment Refund)Interest Only (For at least 5 years) Income of a Fixed Amount (For at least 5 Years)
- A.M. Best A
- Fitch A+
- S&P A+
- Moody's A2
- Comdex 80
