Lincoln Set 5 II
Highlights
- Downside protection
100% protection against market downturns to safeguard your hard-earned savings. - Upside potential
Growth opportunities tied to index performance and predictable growth with a fixed rate. - No cost
Pay no explicit product charges to help you save more of what you earn.
|
Type
|
Fixed Index |
|---|---|
| Purpose | Accumulation |
|
Term
|
5 Years |
|
Surrender schedule
|
9%8%7%6%5% |
|
Free withdrawal
|
10% |
| Flexible premium | Product Life |
|
Market value adjustment
|
|
|
Return of premium
|
|
|
Launch date
|
05/23/2022 |
|
Minimum contribution
|
$10,000 |
|
Maximum contribution
|
$2,000,000 |
|
Max Age Qualified
|
85 |
|
Types of funds
|
Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, 1035 Exchange, Stretch IRA, and NQ Stretch |
Brochure
|
Open brochure |
Find out if the Lincoln Set 5 II is the right product for you.
Premium Notes
$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. Additions are allowed any time until the maturity date.
Maximum of $100,000 cumulative additional premiums.
Withdrawal Provisions
Beginning in the first contract year, up to 10% of account value may be withdrawn each contract year without incurring charges.
Market Value Adjustment (MVA)
A positive or negative adjustment based on the current interest rate environment at the time of the surrender. The MVA does not apply to: withdrawals after the surrender charge period, 10% annual free withdrawal, the death benefit or annuitized contracts.
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
3.5%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
8%
Cap
|
| 1-Year S&P 500 7.5% DRC PTP Cap |
Point to Point
Annual
|
12%
Cap
|
| 1-Year S&P 500 Performance Triggered |
Performance Triggered
Annual
|
6.75%
Performance triggered
|
| 1-Year Fixed Account |
Fixed
|
4%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
9%
Cap
|
| 1-Year S&P 500 7.5% DRC PTP Cap |
Point to Point
Annual
|
15%
Cap
|
| 1-Year S&P 500 Performance Triggered |
Performance Triggered
Annual
|
8.5%
Performance triggered
|
| 1-Year S&P 500 Dual Trigger |
Dual Performance Trigger (FIA)
Annual
|
6%
Performance triggered
|
| 1-Year S&P 500 Dual Trigger |
Dual Performance Trigger (FIA)
Annual
|
7.25%
Performance triggered
|
| 1-Year S&P 500 Daily Risk Control 10% ER Performance Trigger |
Performance Triggered
Annual
|
9.25%
Performance triggered
|
| 1-Year S&P 500 Daily Risk Control 10% ER Performance Trigger |
Performance Triggered
Annual
|
10.5%
Performance triggered
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| Penalty | 9% | 8% | 7% | 6% | 5% |
Riders
No Riders for Lincoln Set 5 II annuity.
Waivers
Nursing Home
Unavailable in states: MA
If you have a qualifying medical need, Lincoln Set 5 has a nursing home and terminal illness provision that allows you to access your money without charges, after the first contract year. The nursing home waiver does not include home health care.
Terminal Illness
Unavailable in states: MA
If you have a qualifying medical need, Lincoln Set 5 has a nursing home and terminal illness provision that allows you to access your money without charges, after the first contract year.
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