New Lincoln 10 Year MYGA Rates Available on 08/19/2024

We’re adding a “New” 10 Year rate on our MYGuarantee Plus Annuity on 8/19.

4.6%  
10 Year Rate 
($100K+ premium)

When considering Tax-Equivalent Yield if you were investing in a taxable investment like a CD your client would need get a higher rate of return to match a tax deferred rate.

Example of 24% and 32% Tax Bracket:

If your client is in the 24% Tax Bracket you would need a rate of 6.053% to match a 4.6% Tax-Deferred Rate!

And

If your client is in the 32% Tax Bracket you would need a rate of 6.765% to match a 4.6% Tax-Deferred Rate!

*Please note the MyGuarantee Plus is available for E-submission only and is NOT available in NY or CA*

Key aspects of MyGuarantee plus:

• It’s “walk away” at the end of the initial surrender period, no recurring surrender period
• 10% penalty free withdrawals available in year one (no charge back after first 30 days)
• Will accept up to $2,000,000 premium and will consider more with prior home office approval