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i4LIFE® Indexed Advantage – Income Option
i4LIFE® Indexed Advantage is an annuity payout option rider available with Lincoln Level Advantage® Indexed Variable Annuity contracts. The rider provides lifetime income, upside potential, access to the Account Value and a death benefit, and tax-efficient income with nonqualified contracts.
i4LIFE® Indexed Advantage provides:
- Lifetime Income: An income stream that cannot be outlived.
- Upside Potential: Your income has the ability to increase, based on Account Value growth.
- Control: Access to the Account Value with death benefit protection for beneficiaries.
- Tax Efficiency: A portion of each payment is considered a return of cost basis, thereby reducing the amount of taxable income (for nonqualified contracts).
For all questions get in contact with your CreativeOne sales desk at 800.992.2642
Lincoln Financial Group is the marketing name for Lincoln National Corporation and insurance company affiliates, including The Lincoln National Life Insurance Company, Fort Wayne, IN, and in New York, Lincoln Life & Annuity Company of New York, Syracuse, NY. Variable products distributed by broker/dealer-affiliate Lincoln Financial Distributors, Inc., Radnor, PA. Securities and investment advisory services offered through other affiliates. Affiliates are separately responsible for their own financial and contractual obligations. Explore Lincoln.
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Lincoln Financial Group
150 N. Radnor-Chester Road
Radnor, PA 19087
Related terms: Annuities, Annuity Mechanics, Sales Strategies