Lincoln Financial Optiblend Fixed Index Annuity Rates are Increasing Effective 10/23/2023!
Lincoln Financial Optiblend Fixed Indexed Annuity Rates are increasing effective 10/23/2023!
Please see attached rate sheet for specifics but wanted to highlight the $100k or more OptiBlend 7 Opportunity!
- 1YR S&P 500 Performance Trigger Rate increasing to 10.50%
- Fixed Rate increasing to 5.75%
100% allocation 1 Year S&P500 Performance Triggered Index at current rate of 10.50% for 100k or more in the Optiblend 7.
- If the S&P500 is negative 1 year out of 7 years = Average return 9.00%
- If the S&P500 is negative 2 years out of 7 = Average return 7.50%
- If the S&P500 is negative 3 years out of 7 = Average return 6.00%
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 10.50% and the Fixed Account Rate at 5.75%
- In a policy year that the S&P500 is negative the total interest at current rates would be 2.875% 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 blended return of 8.125%.
In case you missed it last week, MyGuarantee Plus Rates have increased to 5.75% as of 10/13/2023! Please note the MyGuarantee Plus Fixed Annuity is available for E-submission only and is NOT available in NY or CA.