08/08/2024 | Press release | Distributed by Public on 08/08/2024 14:23
Single
Life
|
Joint
Life
|
|
Current Initial Annual Charge
|
1.50%
|
1.60%
|
Single Life PAI Rate
|
Joint Life PAI Rate
|
||
Age
|
PAI Rate
|
Age
|
PAI Rate
|
59 - 64
|
4.25%
|
59 - 64
|
4.10%
|
65 - 69
|
6.00%
|
65 - 69
|
5.50%
|
70 - 74
|
6.15%
|
70 - 74
|
5.60%
|
75+
|
6.30%
|
75+
|
5.85%
|
Single Life PAI Rate
|
Joint Life PAI Rate
|
||
Age
|
PAI Rate
|
Age
|
PAI Rate
|
59 - 64
|
4.75%
|
59 - 64
|
4.35%
|
65 - 69
|
6.10%
|
65 - 69
|
5.60%
|
70 - 74
|
6.30%
|
70 - 74
|
5.85%
|
75+
|
6.55%
|
75+
|
6.10%
|
TABLE A
|
TABLE B
|
||||
Age
|
Single Life
Option
|
Joint Life
Option
|
Age
|
Single Life
Option
|
Joint Life
Option
|
59 - 64
|
5.70%
|
5.20%
|
59 - 64
|
3.00%
|
3.00%
|
65 - 69
|
7.65%
|
7.10%
|
65 - 69
|
4.50%
|
4.25%
|
70 - 74
|
7.90%
|
7.15%
|
70 - 74
|
4.50%
|
4.25%
|
75+
|
8.00%
|
7.40%
|
75+
|
4.50%
|
4.25%
|
TABLE A
|
TABLE B
|
||||
Age
|
Single Life
Option
|
Joint Life
Option
|
Age
|
Single Life
Option
|
Joint Life
Option
|
59 - 64
|
5.65%
|
5.25%
|
59 - 64
|
3.50%
|
3.25%
|
65 - 69
|
7.50%
|
7.10%
|
65 - 69
|
5.00%
|
4.50%
|
70 - 74
|
7.75%
|
7.15%
|
70 - 74
|
5.00%
|
4.50%
|
75+
|
7.85%
|
7.50%
|
75+
|
5.00%
|
4.50%
|
TABLE A
|
TABLE B
|
||||
Age
|
Single Life
Option
|
Joint Life
Option
|
Age
|
Single Life
Option
|
Joint Life
Option
|
59 - 64
|
5.70%
|
5.20%
|
59 - 64
|
3.00%
|
3.00%
|
65 - 69
|
8.30%
|
7.90%
|
65 - 69
|
3.50%
|
3.25%
|
70 - 74
|
8.55%
|
8.10%
|
70 - 74
|
3.50%
|
3.25%
|
75+
|
8.80%
|
8.30%
|
75+
|
3.50%
|
3.25%
|
TABLE A
|
TABLE B
|
||||
Age
|
Single Life
Option
|
Joint Life
Option
|
Age
|
Single Life
Option
|
Joint Life
Option
|
59 - 64
|
5.65%
|
5.25%
|
59 - 64
|
3.50%
|
3.25%
|
65 - 69
|
8.50%
|
8.10%
|
65 - 69
|
3.50%
|
3.25%
|
70 - 74
|
8.75%
|
8.30%
|
70 - 74
|
3.50%
|
3.25%
|
75+
|
9.00%
|
8.50%
|
75+
|
3.50%
|
3.25%
|
i4LIFE® Advantage Select Guaranteed Income Benefit for Contractowners who transition from Lincoln
ProtectedPay Select Core®
|
Single
Life
|
Joint
Life
|
Current Initial Annual Charge
|
1.50%
|
1.60%
|
i4LIFE® Advantage Guaranteed Income Benefit (Managed Risk) for Contractowners who transition from Lin-
coln ProtectedPay Secure Core®
|
Single
Life
|
Joint
Life
|
Current Initial Annual Charge
|
1.50%
|
1.60%
|
Single Life GIB %
|
Joint Life GIB %
|
||
Age
|
GIB %
|
Age
|
GIB %
|
Under 40
|
2.25%
|
Under 40
|
2.00%
|
40 - 54
|
3.00%
|
40 - 54
|
2.50%
|
55 - 58
|
3.25%
|
55 - 58
|
2.75%
|
59 - 64
|
4.00%
|
59 - 64
|
3.50%
|
65 - 69
|
5.00%
|
65 - 69
|
4.50%
|
70 - 79
|
5.25%
|
70 - 79
|
4.75%
|
80+
|
5.25%
|
80+
|
4.75%
|
Single Life GIB %
|
Joint Life GIB %
|
||
Age
|
GIB %
|
Age
|
GIB %
|
Under 40
|
2.25%
|
Under 40
|
2.25%
|
40 - 54
|
2.75%
|
40 - 54
|
2.50%
|
55 - 58
|
3.00%
|
55 - 58
|
2.75%
|
59 - 64
|
3.75%
|
59 - 64
|
3.25%
|
65 - 69
|
4.75%
|
65 - 69
|
4.00%
|
70 - 74
|
5.25%
|
70 - 74
|
4.25%
|
75 - 79
|
5.50%
|
75 - 79
|
4.50%
|
80+
|
5.50%
|
80+
|
4.75%
|
Single
Life
|
Joint
Life
|
|
Current Initial Annual Charge
|
1.50%
|
1.60%
|
i4LIFE® Advantage Select Guaranteed Income Benefit for Contractowners who transition from 4LATER®
Select Advantage
|
Single
Life
|
Joint
Life
|
Current Initial Annual Charge
|
1.50%
|
1.60%
|
Single Life GIB Percentage
|
Joint Life GIB Percentage
|
||
Age
|
GIB Percentage
|
Age
|
GIB Percentage
|
Under 40
|
2.25%
|
Under 40
|
2.00%
|
40 - 54
|
3.00%
|
40 - 54
|
2.50%
|
55 - 58
|
3.25%
|
55 - 58
|
2.75%
|
59 - 64
|
4.00%
|
59 - 64
|
3.50%
|
65 - 69
|
5.00%
|
65 - 69
|
4.50%
|
70 - 79
|
5.25%
|
70 - 79
|
4.75%
|
80+
|
5.25%
|
80+
|
4.75%
|
Single Life
|
Joint Life
|
|
Current Initial Annual Charge*
|
1.15%
|
1.35%
|
Single Life GIB Percentage
|
Joint Life GIB Percentage
|
||
Age
|
GIB Percentage
|
Age
|
GIB Percentage
|
Under 40
|
2.25%
|
Under 40
|
2.00%
|
40 - 54
|
3.00%
|
40 - 54
|
2.50%
|
55 - 58
|
3.25%
|
55 - 58
|
2.75%
|
59 - 64
|
4.00%
|
59 - 64
|
3.50%
|
65 - 69
|
5.00%
|
65 - 69
|
4.50%
|
70 - 79
|
5.25%
|
70 - 79
|
4.75%
|
80+
|
5.25%
|
80+
|
4.75%
|
•
|
a higher current annual charge;
|
•
|
a change in the Access Period requirements;
|
•
|
a lower Guaranteed Income Benefit step-up percentage;
|
•
|
a higher AIR for transitions to Select Guaranteed Income Benefit; and
|
•
|
higher Select Guaranteed Income Benefit percentages.
|
Single Life
|
Joint Life
|
|
i4LIFE® Advantage Select Guaranteed Income Benefit riders elected on
and after August 19, 2024 ……………………………………………………….
|
||
Guaranteed Maximum Annual Charge ………………………………………
|
2.75%
|
2.75%
|
Name of Benefit
|
Purpose
|
Maximum Fee
|
Brief Description of Restrictions/ Limitations
|
i4LIFE® Advantage Select Guaranteed Income Benefit elections on and after August 19, 2024
|
Provides a minimum payout floor for Regular Income Payments under i4LIFE® Advantage.
|
2.75% Single and Joint Life Options
|
•Investment Requirements apply.
•Withdrawals could significantly reduce or terminate the benefit.
•Restrictions apply to the length of the Access Period.
•Additional Purchase Payments may be limited.
|
MINIMUM ACCESS PERIOD
|
MAXIMUM ACCESS PERIOD
|
|
Select Guaranteed Income Benefit elections on and after August 19, 2024
|
Longer of 20 years or the difference between your age (nearest birthday) and age 85
|
The length of time between your age and age 115 for nonqualified contracts; age 100 for qualified contracts
|
Select Guaranteed Income Benefit elections prior to August 19, 2024; or Guaranteed Income Benefit (Managed Risk)
|
Longer of 20 years or the difference between your age (nearest birthday) and age 90
|
To age 115 for nonqualified contracts; to age 100 for qualified contracts
|
•
|
Elections of Guaranteed Income Benefit (Managed Risk) made on and after May 18, 2020; and
|
•
|
Select Guaranteed Income Benefit elections prior to February 19, 2019.
|
•
|
Select Guaranteed Income Benefit elections made between February 19, 2019 and May 17, 2020; and
|
•
|
Elections of all other versions of Guaranteed Income Benefit made prior to May 18, 2020; and
|
•
|
Select Guaranteed Income Benefit elections on and after August 19, 2024.
|
IF YOUR PRIOR RIDER IS ….
|
YOU WILL TRANSITION TO ….
|
Lincoln ProtectedPay Select Core®,
and
4LATER® Select Advantage riders elected on and after August 19, 2024
|
Select Guaranteed Income Benefit (available on and after August 19, 2024)
|
Lincoln ProtectedPay Select Core®,
Lincoln Market Select® Advantage, and
4LATER® Select Advantage riders elected prior to August 19, 2024
|
Select Guaranteed Income Benefit (available prior to August 19, 2024)
|
Lincoln ProtectedPay Secure Core®
Lincoln Lifetime IncomeSM Advantage 2.0 (Managed Risk)
|
Guaranteed Income Benefit (Managed Risk)
|
MINIMUM ACCESS PERIOD
|
MAXIMUM ACCESS PERIOD
|
|
Purchasers of:
•Lincoln ProtectedPay Select Core® elections on and after August 19, 2024
•4LATER® Select Advantage on and after August 19, 2024
|
Longer of 20 years or the difference between your age (nearest birthday) and age 85
|
The length of time between your age and age 115 for nonqualified contracts; age 100 for qualified contracts
|
Purchasers of:
•Lincoln ProtectedPay Select Core® elections prior to August 19, 2024
•Lincoln ProtectedPay Secure Core®
•Lincoln Lifetime IncomeSMAdvantage 2.0 (Managed Risk) on or after May 18, 2020
•Lincoln Market Select®Advantage
•4LATER® Select Advantage prior to August 19, 2024
|
Longer of 20 years or the difference between your age (nearest birthday) and age 90
|
N/A
|
Group 1
Investments must be at least 20% of Contract Value or Account Value |
Group 2
Investments cannot exceed 80% of Contract Value or Account Value |
American Funds Mortgage Fund
American Funds The Bond Fund of America American Funds U.S. Government Securities Fund LVIP American Preservation Fund |
American Funds Asset Allocation Fund
American Funds Capital Income Builder® American Funds Capital World Growth and Income Fund American Funds Global Balanced Fund American Funds Global Growth Fund American Funds Global Growth PortfolioSM American Funds Growth and Income PortfolioSM American Funds Growth Fund American Funds Growth-Income Fund American Funds High-Income Trust American Funds International Fund American Funds International Growth and Income Fund American Funds Managed Risk Asset Allocation Fund American Funds Managed Risk Global Allocation PortfolioSM American Funds Managed Risk Growth and Income PortfolioSM American Funds Managed Risk Growth PortfolioSM American Funds Ultra-Short Bond Fund American Funds Washington Mutual Investors Fund LVIP American Balanced Allocation Fund LVIP American Global Balanced Allocation Managed Risk Fund LVIP American Global Growth Allocation Managed Risk Fund LVIP American Growth Allocation Fund LVIP American Income Allocation Fund |
American Funds Global Balanced Fund
American Funds Growth and Income PortfolioSM
American Funds Managed Risk Asset Allocation Fund
American Funds Managed Risk Global Allocation PortfolioSM
American Funds Managed Risk Growth and Income PortfolioSM
American Funds Managed Risk Growth PortfolioSM
American Funds Mortgage Fund
American Funds The Bond Fund of America
|
American Funds U.S. Government Securities Fund
LVIP American Balanced Allocation Fund
LVIP American Global Balanced Allocation Managed Risk Fund
LVIP American Global Growth Allocation Managed Risk Fund
LVIP American Growth Allocation Fund
LVIP American Income Allocation Fund
LVIP American Preservation Fund
|
Name
|
Positions and Offices with Depositor
|
Craig T. Beazer*
|
Executive Vice President, General Counsel and Director
|
Jayson R. Bronchetti*
|
Executive Vice President, Chief Investment Officer and Director
|
Adam M. Cohen*
|
Senior Vice President, Chief Accounting Officer and Treasurer
|
Ellen G. Cooper*
|
President and Director
|
Stephen B. Harris*
|
Senior Vice President and Chief Ethics and Compliance Officer
|
Christopher M. Neczypor*
|
Executive Vice President, Chief Financial Officer and Director
|
Nancy A. Smith*
|
Senior Vice President and Secretary
|
Joseph D. Spada**
|
Vice President and Chief Compliance Officer for Separate Accounts
|
Eric B. Wilmer***
|
Assistant Vice President and Director
|
Name
|
Positions and Offices with Underwriter
|
Adam M. Cohen*
|
Senior Vice President and Treasurer
|
Jason M. Gibson**
|
Vice President and Chief Compliance Officer
|
Claire H. Hanna*
|
Secretary
|
John C. Kennedy*
|
President, Chief Executive Officer and Director
|
Jared M. Nepa*
|
Senior Vice President and Director
|
Thomas P. O'Neill*
|
Senior Vice President, Chief Operating Officer and Head of Financial
Institutions Group
|
Timothy J. Seifert Sr*
|
Senior Vice President and Director
|
(a)
|
As required by the Securities Act of 1933 and the Investment Company Act of 1940, each Registrant certifies that it meets the requirements of Securities Act Rule 485(b) for effectiveness of these registration statements and has caused these Post-Effective Amendments to the registration statements to be signed on its behalf, in the City of Fort Wayne, and the State of Indiana on this 2nd day of August, 2024 at 8:07 am.
|
033-27783 (Amendment No. 78)
|
333-61592 (Amendment No. 78)
|
333-170695 (Amendment No. 54)
|
333-18419 (Amendment No. 81)
|
333-63505 (Amendment No. 87)
|
333-181615 (Amendment No. 44)
|
333-35780 (Amendment No. 61)
|
333-135219 (Amendment No. 60)
|
333-212681 (Amendment No. 26)
|
333-35784 (Amendment No. 76)
|
333-36316 (Amendment No. 99)
|
333-149434 (Amendment No. 43)
|
333-193274 (Amendment No. 21)
|
333-36304 (Amendment No. 87)
|
333-170529 (Amendment No. 45)
|
333-212680 (Amendment No. 27)
|
333-40937 (Amendment No. 93)
|
333-170897 (Amendment No. 49)
|
333-214143 (Amendment No. 29)
|
333-61554 (Amendment No. 93)
|
333-172328 (Amendment No. 48)
|
333-214144 (Amendment No. 18)
|
333-135039 (Amendment No. 60)
|
333-174367 (Amendment No. 36)
|
333-236907 (Amendment No. 13)
|
333-138190 (Amendment No. 71)
|
333-181612 (Amendment No. 42)
|
(b)
|
As required by the Securities Act of 1933, these Amendments to the registration statements have been signed by the following persons in their capacities indicated on August 2, 2024 at 8:07 am.
|
Signature
|
Title
|
*/s/ Ellen G. Cooper
Ellen G. Cooper
|
President and Director
(Principal Executive Officer)
|
*/s/ Christopher M. Neczypor
Christopher M. Neczypor
|
Executive Vice President, Chief Financial Officer, and Director
|
*/s/ Craig T. Beazer
Craig T. Beazer
|
Executive Vice President and Director
|
*/s/ Jayson R. Bronchetti
Jayson R. Bronchetti
|
Executive Vice President, Chief Investment Officer, and Director
|
*/s/ Adam M. Cohen
Adam M. Cohen
|
Senior Vice President and Chief Accounting Officer (Principal Accounting Officer)
|
*/s/ Eric B. Wilmer
Eric B. Wilmer
|
Assistant Vice President and Director
|
* By/s/ Delson R. Campbell, Pursuant to a Power of Attorney
Delson R. Campbell
|