Lincoln Financial Group Launches Innovative Indexed Variable Annuity

Lincoln Financial Group

RADNOR, PALincoln Financial Group (NYSE: LNC) has launched a new version of its award-winning Lincoln Level Advantage® indexed variable annuity. The new product, Lincoln Level Advantage 2 index-linked annuity, builds on the first generation’s innovations and offers enhanced protection and growth opportunities.

Lincoln Level Advantage 2 introduces the industry’s first indexed accounts that track the performance of Capital Group active ETFs. It also features Secure Lock+, a unique lock-in option allowing investors to reset protection within their existing term. This makes it the first Registered Index Linked Annuity (RILA) to offer such a feature.

“Lincoln Financial consistently enhances its product suite to help meet investor needs and provide features they can’t find anywhere else,” said Tim Seifert, senior vice president, Head of Retirement Solutions Distribution. “With Lincoln Level Advantage 2, we’ve tailored the product to offer what consumers are looking for: more choice for investors seeking growth with Capital Group active ETFs, better protection and control with Secure Lock+ and the same award-winning client experience offered by Lincoln Financial.”

The new annuity provides investors with expanded diversification and growth opportunities. It is the only RILA to track Capital Group active ETF strategies. Investors will have access to indexed accounts tracking the performance of Capital Group Growth ETF (CGGR) and Capital Group Global Growth Equity ETF (CGGO). CGGR was named “Best New U.S. Equity ETF” by etf.com in 2023. Capital Group, known for its trusted investment management, has been a reliable brand for over 90 years.

“Being a partner of choice means continually evolving to help meet our clients’ needs, including expanding access to our investment capabilities with our insurance partners,” said Melissa Buccilli, Head of Insurance Strategy and Product at Capital Group. “We are excited to collaborate with Lincoln to offer active ETFs – Capital Group Growth ETF and Capital Group Global Growth Equity ETF – in a RILA annuity solution. This innovation will bring Capital Group’s investment capabilities to the annuity marketplace to help even more investors pursue their long-term investment goals.”

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