LW
● Terminated
Lincoln Wealth Pass
Modified about 1 year ago
DTCC ID
—
RIDER TYPE
GLWB
COMPANY
—
INCEPTION
Sep 16, 2019
Identity
Name
Lincoln Wealth Pass
Internal name
Lincoln Wealth Pass
Company
—
Rider type
GLWB
DTCC Rider ID
—
Product policy type
—
Status
● Terminated
Inception date
Sep 16, 2019
Closed date
May 18, 2020
Age range
0 – 80
Benefit description
The rider provides a guaranteed periodic withdrawal from the Protected Amount.,Rider is available for purchase by a beneficiary of death benefit proceeds from another nonqualified or qualified (IRA and Roth IRA) contract or a qualified retirement plan. The Contractowner/Annuitant must be under the age of 81 at the time the rider is elected and the beneficiary must be the Contractowner and Annuitant unless the beneficiary is a trust or an existing Lincoln individual variable annuity contract with a single beneficiary who chooses to continue the contract as the Contractowner. The rider may not be added to an IRA contract if the original Contractowner died after December 31, 2019.