First of Its Kind Solution Helps Americans Meet Retirement Income Needs by Joining Target Date ...
(WorldNews Business)

RADNOR, Pa.--(BUSINESS WIRE)--Jan 21, 2020-- Lincoln Financial Group (NYSE: LNC) and Capital Group, home of American Funds, are partnering to help investors prepare for income in retirement with the launch of the new American Legacy ® Target Date Income variable annuity, the first-ever protected lifetime income solution with access to a target date series. This unique solution combines the features and benefits of an annuity with the simplicity and efficiency of a target date fund. `Our 30-year partnership with American Funds has always leveraged the strengths of two industry leaders, combining superior asset management with innovative retirement income protection,` says Will Fuller,...