Lincoln Update: Looking for a MYGA Alternative?
Lincoln Partner,
Good morning! Looking for a MYGA Alternative solution since rates have dropped over 100bps?
Check out the OptiBlend Index 5 Annuity!!!
There are many options in the market for clients seeking growth and safety and the Lincoln Financial OptiBlend Fixed Indexed Annuity offers both! The 1 Year S&P500 Performance Triggered Index is just one option offered in the Lincoln Financial OptiBlend that is a very compelling option to consider. The Lincoln Financial OptiBlend 5 current 1 Year S&P500 Performance Triggered Index rate for 100k or more is 8.65% effective January 15th which will credit the entire rate as long as the S&P500 is flat or up anything for the policy year. 100% protection for clients if the S&P500 is negative for the policy year.
100% allocation 1 Year S&P500 Performance Triggered Index at current rate of 8.65% for 100k or more in the OptiBlend 5.
- If the S&P500 is negative 1 year out of 5 years = Average return 6.9%
- If the S&P500 is negative 2 years out of 5 = Average return 5.2%
- If the S&P500 is negative 3 years out of 5 = Average return 3.5%
What if a client doesn’t want to see a 0% crediting? Consider a 50/50 allocation between the 1 Year S&P500 Performance Triggered Index at 8.65% and the Fixed Account Rate at 4.30%
- In a policy year that the S&P500 is negative the total interest at current rates would be 2.15% because of the fixed rate crediting regardless of the S&P500 performance.
- In a policy year that the S&P500 is positive the 1 Year S&P500 Performance Triggered Index and the Fixed Account rate would both credit for a total of 6.5% combined interest.
I’ve included the OptiBlend Index Annuity Rates for 1/15 and I’ve included the National and CA rates for your records.
Reminder that we accept premium amounts up to $2 million, anything above can be considered on an exception basis.
Please see “NEW” FIA rate lock procedures click here