Lincoln Financial Group Launches New Fixed Indexed Annuities for Retirement

Lincoln Financial Group has unveiled two new fixed indexed annuities, FlexAdvantage Income and OptiBlend Income, enhancing their suite of retirement income products. These annuities promise guaranteed growth and lifetime income, alongside a unique legacy planning feature through the optional Estate Lock Death Benefit, while also providing full downside protection.

Tim Seifert, Senior Vice President and Head of Retirement Solutions Distribution at Lincoln Financial, highlights that their research reveals widespread concern over securing adequate retirement income. The launch of these new FIA products aims to expand the ProtectedPay suite's market presence, enhancing consumer confidence in retirement income.

The annuities offer options like the CGDV ETF and Nasdaq Priva indexed accounts, integrating growth opportunities within the safety framework of FIAs. This initiative aligns with Lincoln’s strategy to bolster their FIA portfolio and improve digital tools, enhancing efficiency in annuity discussions and transactions for financial professionals.

Lincoln Financial is also introducing a FIA income calculator to assist financial experts and clients in customizing income plans. Other digital improvements include real-time rates and account statements, providing instant access to account activities. These annuities, issued by The Lincoln National Life Insurance Company, offer indexed interest opportunities that differ from direct ETF investments due to unique crediting strategies.

Headquartered in Radnor, Pennsylvania, Lincoln Financial Group serves approximately 17 million customers, managing significant assets across sectors such as annuities, life insurance, group protection, and retirement services. The company remains committed to empowering consumers with diverse solutions for effective financial futures planning.