Lincoln Fixed Account
Product:
Multi-Fund Group Variable Annuity
Investment Detail
Strategy
The Fixed Account provides a competitive current interest rate that translates into the highest possible return with the lowest level of risk while also offering the protection of principal.Fixed Investment Option Features
Minimum rate of return: |
3.00%
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Guaranteed minimum interest rate is good for: |
The life of the contract.
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Interest rate as of January 1st of Current Year: |
3.00%
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How often the rate can change: |
The rate changes on a quarterly basis.
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Market Value Adjustment: |
N/A
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Restrictions that apply to this fixed account: |
Participants may withdraw up to 20% of their account value each year without incurring surrender fees. Withdrawals in excess of 20% in a contract year are subject to surrender charges. The fees apply to each additional withdrawal based on the contract years, as follows: 6%, 6%, 6%, 6%, 5%, 4%, 3%, 2%, 1%, 0%
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How often funds can be transferred into fixed
Option from other options within this product:
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Funds may not be transferred more than one time in a 30-day period.
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How often funds can be transferred out of this
fixed option into other options within this product:
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Funds may not be transferred more than one time in a 30-day period.
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Other Features:
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