Lincoln Secured Retirement Income(SM) Solution: Fiduciary Process In Evaluating In-Plan Guarantees

Lincoln Financial Group believes that plan sponsors considering a guaranteed withdrawal benefit solution should have a full understanding of the product and other alternatives, including the Lincoln Secured Retirement Income^SM solution. In particular, Lincoln Financial Group believes it would be especially helpful for the plan sponsor to receive this information from an independent and experienced source. Accordingly, Lincoln Financial Group has commissioned Drinker, Biddle & Reath, LLP to prepare this white paper entitled, "Lincoln Secured Retirement Income^SM Solution: Fiduciary Process in Evaluating In-Plan Guarantees."

INTRODUCTION

This White Paper discusses the fiduciary process for selecting in-plan lifetime income guarantees. In a companion White Paper, entitled "Lincoln Secured Retirement Income^SM Solution: Addressing Participant Retirement Income Risks," we examine the risks confronting retirees in managing their retirement savings and review