Image Credit: © Rafael Henrique | Dreamstime.com Lincoln Financial Group is expanding its lineup of guaranteed lifetime income offerings.
The asset manager announced on Tuesday that it would be growing its Lincoln PathBuilder Income product, powered by YourPath, to add a lifetime income guarantee to an underlying asset allocation investment fund.
The newly added lifetime income balanced fund option is available within managed accounts and as a stand-alone option in defined contribution (DC) retirement plans. With the product, participants can: “Receive guaranteed payments for the rest of their lives; Enjoy protection in times of declining markets; Participate in rising markets with […]
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