Lincoln Financial Launches LVIP Protected Asset Allocation for VAs
|PR Newswire Association LLC|
"As people look to maintain their lifestyle into retirement, they need to be able to maximize their income, while protecting the account values of their retirement portfolios in volatile markets, and that's what our LVIP Protected Asset Allocation series of funds is all about," said
The LVIP Protected Asset Allocation series of funds, which includes the LVIP Protected Profile Funds for Lincoln ChoicePlus Assurance(SM) products and the LVIP Protected American Funds for American Legacy® products, seeks to hedge risk and cap losses during a downturn by providing continual risk management using exchange traded futures.
The LVIP Protected Profile Funds for Lincoln ChoicePlus Assurance(SM) products are available in Conservative, Moderate and Growth options, spreading assets across equities and fixed income accordingly. The LVIP Protected American Funds for American Legacy® products are available in Balanced and Growth options.
THE LVIP PROTECTED ASSET ALLOCATION SERIES OF FUNDS IS NOT GUARANTEED OR INSURED BY LINCOLN OR ANY OTHER INSURANCE COMPANY OR OTHER ENTITY. THE FUNDS ARE NOT FDIC-INSURED, ARE NOT GUARANTEED BY ANY BANK AND MAY LOSE VALUE. THE PROTECTION STRATEGY USED BY THE FUNDS IS SEPARATE AND DISTINCT FROM ANY ANNUITY OR INSURANCE CONTRACT RIDERS OR FEATURES.
Variable annuities are long-term investment products designed for retirement purposes and are subject to market fluctuation, investment risk, and possible loss of principal. Variable annuities contain both investment and insurance components and have fees and charges, including mortality and expense, administrative, and advisory fees. Optional features are available for an additional charge. The annuity's value fluctuates with the market value of the underlying investment options, and all assets accumulate tax-deferred. Withdrawals of earnings are taxable as ordinary income and, if taken prior to age 59-1/2, may be subject to a 10% federal tax penalty. Withdrawals will reduce the death benefit and cash surrender value.
Lincoln variable insurance and annuity products are sold by prospectus. Investors should consider the investment objectives, risks, and charges and expenses of the variable product and its underlying investment options carefully before investing. The prospectus contains this and other information about the variable product and its underlying investment options. To request a prospectus call 877 533-0003. Read it carefully before investing or sending money.
Lincoln variable insurance and annuity products are issued by
All contract and rider guarantees, including those for optional benefits, fixed subaccount crediting rates, or annuity payout rates, are backed by the claims-paying ability of the issuing insurance company. They are not backed by the broker/dealer or insurance agency from which this annuity is purchased, or any affiliates of those entities other than the issuing company affiliates, and none makes any representations or guarantees regarding the claims-paying ability of the issuer.
There is no additional tax-deferral benefit for an annuity contract purchased in an IRA or other tax-qualified plan.