FIA Rate Actions Effective 7/10/23
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 7 current 1 Year S&P500 Performance Triggered Index rate for 100k or more is 8.85% effective July 10th 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 8.85% for 100k or more in the OptiBlend 7
- If the S&P500 is negative 1 year out of 7 years = Average return 7.58%
- If the S&P500 is negative 2 years out of 7 = Average return 6.32%
- If the S&P500 is negative 3 years out of 7 = Average return 5.05%
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 8.85% and the Fixed Account Rate at 4.7%
- In a policy year that the S&P500 is negative the total interest at current rates would be 2.35% 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 6.77% combined interest.