Beacon Data Entry
Variable Annuity Lincoln ProtectedPay Secure Max
LP
● Terminated

Lincoln ProtectedPay Secure Max

Modified 3 months ago
DTCC ID
RIDER TYPE GLWB
COMPANY
INCEPTION Nov 28, 2022
Name
Lincoln ProtectedPay Secure Max
Internal name
Lincoln ProtectedPay Secure Max
Company
Rider type
GLWB
DTCC Rider ID
Product policy type
Status
● Terminated
Inception date
Nov 28, 2022
Closed date
Feb 17, 2026
Age range
85

The rider provides a consistent protected lifetime income with less risky investment choices. Protected Lifetime Income amount is a percentage of Protected Income Base, determined by the income option chosen and age when income starts.,Rider is available for purchase with a variable annuity contract if the purchase payment or contract value (if purchased after the contract is issued) is at least $25,000. After the first rider anniversary, cumulative additional purchase payments into the contract will be limited to an amount equal to $100,000.

The participant in the state of Maryland must be at least the age of 58 to elect this rider.