Lincoln MoneyGuard III Hybrid Life + Long-Term Care Insurance: Honest Review (2026)
Written & reviewed by Hans Goldstein, EA, Independent Licensed Insurance Producer · CA license 4273294 · NPN 20602398Admitted to practice before the IRS
Independently reviewed & last reviewed 2026-10-03
Short answer
Lincoln MoneyGuard III review: is it worth it?
Lincoln MoneyGuard III is a universal life policy with a long-term care benefits rider from an A+ (AM Best) carrier. Its strengths, per Lincoln’s reference guide as reviewed June 8, 2026: benefits from day one of eligible care (0-day elimination period), 3% or 5% compound inflation options, 70% return of premium, and a death benefit if you never need care. LTC benefits paid under a qualified rider are income-tax-free.
Its main limit is duration: the LTC pool is typically designed for 6 years (3 to 7 available), not lifetime, and it is single life only. Choose it if a capped 6-year pool fits your plan; look at a lifetime-benefit or joint-life policy if not. Ask for a current underwritten illustration; pricing depends on age, health and options.
Last updated: June 8, 2026 · Data source: Lincoln's published MoneyGuard III reference guide + public reviews, verified 6/8/2026
If you've been quoted Lincoln MoneyGuard III, you're looking at the single most popular hybrid life + LTC policy in the market by sales volume. It comes from a household-name carrier (Lincoln Financial Group, A+) with a universal life base + Long-Term Care Benefits Rider (LTCBR) structure.
This honest review covers what MoneyGuard III actually does well, where it lags OneAmerica Asset Care on LTC duration, the tax-free LTC benefit story, and the §1035 exchange play that often makes the whole thing far more powerful.
Written by an independent licensed insurance producer (NPN 20602398) independent licensed insurance producer.
What would long-term care actually cost you out of pocket?
Send your email and I'll send a plain-English read on what the common policies cover, what they don't, and the asset-based options that still pay your heirs if you never claim.
We’ll email it to you. Hans reads every one himself and replies within one business day. Hans Goldstein · NPN 20602398.
Rather talk it through? Or book 15 minutes on Hans’s calendar.
The single biggest reason to own this: qualified LTC benefits are generally income-tax-free
When the rider is a qualified long-term care contract under IRC §7702B and benefits stay within IRS limits for reimbursement or per-diem payments. Not tax advice; confirm with your tax professional.
This is the same story for every hybrid life + LTC policy and it's the most powerful financial argument for owning one.
Under IRC §7702B (qualified LTC insurance contracts) and Section 844 of the Pension Protection Act of 2006, LTC benefits paid from a hybrid life + LTC policy like MoneyGuard III qualify as income-tax-free when triggered for qualifying LTC needs. Every dollar of monthly benefit: tax-free. Federal and state.
Funding $150K/year of LTC from different sources (CA top bracket):
| Source of LTC payment | Tax cost | Net out-of-pocket |
|---|---|---|
| Lincoln MoneyGuard III benefit | $0 (tax-free under §7702B / PPA 2006) | $150,000 |
| 401(k) / Traditional IRA distribution | ~50% combined (federal + CA + NIIT) | ~$300K withdrawal needed |
| Non-qualified annuity distribution | Ordinary income on gain | 30-50% tax loss |
| Taxable brokerage account | Capital gains (15-37%) | Lower, but still meaningful |
Over a 5-year LTC episode at $150K/year ($750K total), funding from a 401(k) requires withdrawing ~$1.5M, which guts your retirement nest egg. MoneyGuard III pays $750K tax-free with $0 disruption to your other assets.
Goldstein Scorecard
As of 6/8/2026 · vs. other hybrid life+LTC policies
| Dimension | Grade | One-line take |
|---|---|---|
| LTC benefit duration | B+ | 3-7 year LTC periods available; typically designed as 6 years. Capped, unlike OneAmerica Asset Care's lifetime/unlimited. |
| Carrier financial strength (AM Best) | A+ | A+ (Superior): Lincoln Financial Group (NYSE: LNC), one of the largest US insurance carriers. |
| Brand recognition | A+ | Lincoln is the #1 brand in hybrid LTC. A household name, comfortable for brand-conscious buyers. |
| Premium funding flexibility | A | Single pay, 10-pay (most common), annual, semi-annual, quarterly, monthly. |
| Inflation protection | A | 3% OR 5% compound inflation options, among the best in the category. |
| Joint life option | D | Single life only: no joint life option (vs. OneAmerica Asset Care which has it). |
| Return of premium | A- | 70% ROP standard, among the strongest ROP guarantees in the hybrid LTC market. |
| Elimination period | A+ | 0-day elimination period: benefits start day one of eligible care. (Most LTC policies have 30-90 day waits.) |
| Cost vs. alternatives | B | Typically lower premium than OneAmerica Asset Care for the same headline benefit (because LTC is capped, not lifetime). |
| OVERALL | A | The most popular hybrid LTC for a reason: A+ brand, generous inflation options, 70% ROP, day-1 benefits. Held back vs. Asset Care on LTC duration and joint life. |
Best for: the 55 to 75 single buyer (or one spouse separately) who wants A+ Lincoln brand + 6-year LTC pool + tax-free benefits + 0-day elimination + strong ROP, with $50,000+ to commit, and who's comfortable with a CAPPED (not unlimited) LTC duration.
Look elsewhere if: you want lifetime/unlimited LTC (OneAmerica Asset Care is the only hybrid with this), you want joint life coverage (Asset Care only), you have a very small premium budget ($25-50K; consider Securian or Nationwide), or you want the absolute lowest cost (traditional standalone LTC has lower premium with use-it-or-lose-it risk).
Goldstein Complexity Index
Every annuity I review gets a complexity score from 0 to 100. Higher means harder to understand. Complexity is where buyers get hurt: riders they didn't know they were paying for, surrender charges that surprise them, and income "benefit bases" they took for cash. SPIAs and MYGAs score low. Products that stack a bonus, an income rider, an MVA and several crediting options score high.
This product's score: 20/100, Grade A+ (Transparent)
Easy to understand. Few moving parts. The buyer can fully explain the product to a friend after one read of the contract.
Score breakdown
| Dimension | Score (1-10) | What this measures |
|---|---|---|
| Riders | 4/10 | How many riders, optional or built in (income, death benefit, LTC). Each one adds cost and one more thing to understand. |
| Crediting strategies | 2/10 | How many index options (cap, spread, participation rate, step rate, volatility-controlled indices). More choices are harder to follow. |
| Surrender complexity | 5/10 | Length of the surrender period, plus any MVA and bonus recapture. The longer and more layered it is, the harder it is to know what leaving early costs. |
| Benefit-base separation | 2/10 | Whether there is a separate income base ("PIV") that is not cash but looks like it. This causes more buyer confusion than anything else. |
| Bonus structure | 1/10 | A premium bonus with a recapture schedule. The bonus is real, but you can lose part of it if you leave early. |
How to read this
- A+/A (0-40): Easy to understand. A pure accumulation FIA, a MYGA or a SPIA. Little room for mis-selling.
- B (41-60): Read the contract carefully and get a second opinion before signing. Income riders cause most of the confusion.
- C (61-80): Many owners don't fully understand what they bought. Common mis-sells: a bonus presented as cash, a benefit base presented as account value, surrender charges glossed over.
- D (81-100): Get an independent second opinion before signing. The product may still fit you, but the odds you later say "I didn't know it worked that way" are high.
Why it matters: nobody gets sued for selling a complicated product, but buyers regret them all the time. An annuity that wins your money in year one and confuses you for the next 14 is worse than a simpler one you understood from the start. Simple products are easier to check.
Quick verdict
Lincoln MoneyGuard III is the default brand-name hybrid LTC product for buyers age 55-75. It hits every important checkbox at A+ carrier strength: tax-free benefits, 0-day elimination, generous inflation protection, 70% ROP, multiple funding options.
The honest trade-off vs. OneAmerica Asset Care: MoneyGuard caps LTC benefits at typically 6 years (or up to 7); Asset Care offers lifetime/unlimited. For a 6-year LTC episode, MoneyGuard covers it. For a 10+ year episode (less common but devastating), MoneyGuard runs out.
For most buyers, 6 years of LTC coverage is enough. The average LTC stay is 2.5 to 3.5 years. For risk-averse buyers wanting "no matter how long" coverage, Asset Care is the only choice. For most others, MoneyGuard III is the right pick.
Product structure at a glance
| Feature | Detail (verified 6/8/2026) |
|---|---|
| Product type | Hybrid life insurance + LTC rider (Long-Term Care Benefits Rider, LTCBR) |
| Issued by | Lincoln National Life Insurance Company |
| Parent | Lincoln Financial Group (NYSE: LNC) |
| AM Best rating | A+ (Superior) |
| Funding options | Single pay, 10-pay (most common), 5-pay, annual, semi-annual, quarterly, monthly |
| Min premium | Typically $50,000 (varies by funding method) |
| LTC benefit duration | 3, 4, 5, 6, or 7 years available: typically designed as 6 years |
| Joint life option | No: single life only |
| LTC benefit type | Indemnity OR reimbursement (depending on variant) |
| Inflation protection | 3% OR 5% compound annual increase options |
| Death benefit | Paid-up life insurance: passes to heirs if LTC not fully used |
| Return of premium | 70% ROP standard (best in the category) |
| Elimination period | 0 days: benefits start day 1 of qualifying care |
| Issue ages | Typically 30-80 |
| Streamlined underwriting | Available in many cases (no medical exam) |
The §1035 exchange play: turning a stagnant policy into MoneyGuard leverage (tax-free)
This is the move most retirees miss. If you own an underperforming life insurance policy or non-qualified annuity, you can §1035 exchange it into MoneyGuard III with zero income-tax recognition at the time of exchange.
- IRC §1035 allows tax-free exchanges from life insurance → life insurance (qualifies for MoneyGuard's life-based hybrid)
- Pension Protection Act of 2006 (PPA) §844 extended §1035 to allow tax-free exchange from annuities → qualified LTC contracts (since 2010)
The leverage math:
| Path | Tax cost at exchange | Cash to LTC pool | LTC payout potential |
|---|---|---|---|
| Surrender old policy + reinvest | Ordinary income on the gain | Reduced by tax | Self-fund LTC at ordinary tax rates |
| §1035 into MoneyGuard III | $0 tax | Full transfer | Often 2-3× the cash as LTC benefit pool, tax-free under §7702B |
Worked example: Mary, age 65, owns a $100K cash-value whole life paying 3%:
Surrender + reinvest: ~$12K tax on the gain → ~$88K net
§1035 into MoneyGuard III: $0 tax → $100K full transfer → typical MoneyGuard design produces ~$250K-300K LTC pool over 6 years with 3% inflation, plus death benefit if LTC unused
When the 1035 play makes sense: old whole life policies with $50K+ cash value not being used for original purpose; non-qualified annuities sitting on the shelf; underperforming universal life. Always run the comparison before buying MoneyGuard with new cash. The §1035 path often makes more sense.
Real-world cost example
Mary, age 60, $100K single premium, 6-year LTC benefit period, 3% compound inflation:
| Year | Monthly LTC benefit (3% inflation) | Annual LTC benefit | 6-yr pool if the claim starts that year (6 × annual benefit, before further inflation) |
|---|---|---|---|
| 1 | ~$5,500/month | ~$66,000 | ~$396K |
| 10 | ~$7,200/month | ~$86,000 | ~$516K |
| 20 | ~$9,700/month | ~$116,000 | ~$696K |
| 30 | ~$13,000/month | ~$156,000 | ~$936K (claim at 90: ~$156K/yr × 6) |
(Numbers are illustrative: pull exact figures from your Lincoln illustration software.)
Vs. self-insuring $100K: at 5% taxable return = ~$432K accumulated over 30 years. If LTC is needed for 5 years at $150K/yr (current cost, no inflation) = $750K cost. MoneyGuard's $936K of LTC at age 90 covers it; the self-insured $432K doesn't, AND distributions get taxed.
Strengths
- A+ Lincoln Financial brand: top-tier carrier, household name
- Tax-free LTC benefits under §7702B / PPA 2006
- 3% or 5% compound inflation options: among the best in category
- 70% Return of Premium: strongest ROP in hybrid LTC
- 0-day elimination period: benefits start day 1 of qualifying care
- Multiple funding options: single pay, 10-pay, monthly, etc.
- Streamlined underwriting available: easier to qualify than traditional standalone LTC
- §1035 exchange compatible: can swap old policies in tax-free
Weaknesses
- LTC benefit is CAPPED (typically 6 years): unlike OneAmerica Asset Care's lifetime/unlimited
- Single life only: no joint life option for couples (Asset Care has this)
- Higher per-dollar premium than traditional standalone LTC (the trade-off for "never lose the money")
- Premium is committed: though 70% ROP softens the lock-in
- Streamlined underwriting may not apply to applicants with significant medical history
- Death benefit reduces as LTC is used: once LTC pool is exhausted, the residual goes to heirs
Why LTC reviews look bad online
Same asymmetric review problem as annuities. State insurance regulations restrict carriers from soliciting testimonials. Only unhappy buyers (or their families) write reviews. Most legitimate LTC claim recipients are too old, sick, or stressed to post online, so the negative content is not representative of the population. (See hub asymmetric-review meta.)
Real complaints about Lincoln MoneyGuard III, and what's actually true
Complaint 1: "LTC pool ran out after 6 years"
What's actually true: MoneyGuard III is designed as a 6-year LTC product (or 3-7 year selectable). If care lasted longer than 6 years, the pool is exhausted. Verdict: structural feature, clearly disclosed. If you need lifetime LTC, OneAmerica Asset Care is the only hybrid with that option.
Complaint 2: "Premium was higher than my agent estimated"
What's actually true: MoneyGuard pricing depends on age, sex, health classification, funding method, inflation rider, and benefit period. Initial estimates often assume best-class underwriting; real quotes can be higher. Verdict: get a full underwritten quote BEFORE committing to a funding decision.
Complaint 3: "Claim required extensive documentation"
What's actually true: LTC claims require HIPAA chronic illness certification (2 of 6 ADL deficiency for 90+ days OR cognitive impairment requiring substantial supervision). Documentation is required. Verdict: standard for the category; legitimate chronic conditions typically result in approval.
Complaint 4: "Lincoln raised prices on new MoneyGuard versions over the years"
What's actually true: Lincoln has rolled out successive MoneyGuard versions (Original → MoneyGuard II → MoneyGuard III → MoneyGuard Fixed Advantage), each with adjusted pricing reflecting current actuarial assumptions. Verdict: industry-wide pattern; LTC pricing has trended up in 2010 to 2025 as care costs rose. MoneyGuard III is current pricing.
What the brochure doesn't tell you
- LTC benefit is CAPPED at 3-7 years depending on design, not lifetime/unlimited
- 6 years is the most common design but the longer you go, the higher the premium
- 3% vs. 5% inflation rider adds meaningful premium cost: model both before deciding
- Single life only: joint life option doesn't exist on MoneyGuard
- 70% ROP means 30% of premium is forfeited if you fully surrender (vs. some products with higher ROP)
- Indemnity vs. reimbursement varies. Confirm which your variant uses (indemnity = cash with no receipts; reimbursement = submit care bills)
- The §1035 play often makes more sense than committing fresh cash: review old policies first
- Streamlined underwriting isn't guaranteed for all applicants
- Death benefit reduces dollar-for-dollar as LTC benefits are paid
Quick FAQ
Q: Is this policy right for me?
A: It fits if you can pass medical underwriting and want insurance, not savings, to pay for long-term care. Compare the monthly benefit, the benefit period and the inflation option against what care costs where you live before you buy.
Q: How does this policy pay out?
A: Benefits are paid when you qualify for care, generally when you need help with 2 of 6 activities of daily living or have a severe cognitive impairment, up to the policy’s monthly limit. Hybrid policies also pay a death benefit if care is never needed; traditional LTC policies do not.
Q: What happens if the carrier goes out of business?
A: State guaranty funds protect annuity owners, typically up to $250,000 to $300,000 per owner per carrier (varies by state). Check your state's guaranty association limit. The carrier's AM Best rating signals failure probability; A-rated carriers have very low historical default rates.
Q: Can I lose money on this policy?
A: Long-term care premiums buy coverage, not investment growth. Hybrid policies return value through a death benefit or return-of-premium terms if care is never needed; traditional LTC does not. Surrendering a hybrid policy early can return less than you paid.
Q: How much commission does the agent make?
A: Typically 4% to 8% of premium for fixed indexed annuities, paid by the carrier (not from your money). Higher commission products often have longer surrender periods or smaller caps. The product cost to you is the same whether commission is high or low, but commission size is a useful proxy for product complexity.
Q: Should I roll over my 401(k) into an annuity?
A: Sometimes yes, often no. Yes if: you want guaranteed income, you're risk-averse, you have other liquid assets for emergencies, and you're 55+. No if: you're under 50, you need liquidity, you have plenty of pension/SS income, or you'd be putting all your retirement assets into one product. Get an independent second opinion before rolling over six figures.
Q: Why are caps so different across products?
A: Trade-offs. Higher cap = lower bonus, longer surrender, lower-rated carrier, or different index strategy. There's no free lunch. A 10%+ cap typically means B-rated carrier + 14-year surrender. A 6% cap typically means A+ carrier + shorter surrender.
Q: How are annuity earnings taxed?
A: Inside the contract, growth is tax-deferred (no tax until you withdraw). Withdrawals are taxed as ordinary income (not capital gains). For non-qualified annuities, only the gain portion is taxable. For qualified (IRA) annuities, the entire withdrawal is taxable. There's a 10% IRS penalty on withdrawals before age 59½.
How hybrid LTC works, in plain terms
A hybrid life + LTC insurance policy combines a life insurance base with a long-term care (LTC) rider. If you need long-term care, the policy pays you tax-free LTC benefits. If you DON'T need care, the death benefit passes to your heirs. No "use-it-or-lose-it" like traditional LTC.
The math:
• Pay a single premium of $100,000 at age 65
• LTC benefit pool: ~$250,000-$300,000 (with inflation rider)
• Tax-free LTC benefits if you qualify (2 of 6 ADLs deficient for 90+ days OR cognitive impairment)
• If you never need care: full death benefit to heirs (~$150K-$200K)
The §1035 advantage:
Old whole life or universal life with $50K+ cash value? A §1035 exchange moves it tax-free into hybrid LTC and turns stagnant cash into 2-3× LTC benefit leverage.
The fees are baked into the premium. There is no separate annual fee.
Quick Hybrid LTC FAQ
Q: Why is hybrid LTC better than traditional LTC?
A: Traditional LTC is use-it-or-lose-it (no death benefit if no care needed) PLUS premiums can increase. Hybrid LTC has a death benefit if unused AND premium is locked at issue.
Q: How are LTC benefits taxed?
A: TAX-FREE under IRC §7702B + PPA 2006 §844 when triggered for qualifying LTC needs.
Q: What triggers LTC benefit payment?
A: HIPAA chronic illness certification: 2 of 6 ADLs (Activities of Daily Living) deficient for 90+ days, OR substantial cognitive impairment requiring supervision.
Q: What's the difference between indemnity and reimbursement?
A: Indemnity (Nationwide CareMatters II, OneAmerica) = monthly cash, no receipts needed. Reimbursement (Lincoln MoneyGuard, Securian SecureCare) = submit care bills, get reimbursed. Indemnity has flexibility advantage.
Q: Can I use family members as caregivers?
A: Indemnity hybrid LTC: yes, you can pay family caregivers. Reimbursement model: typically no. You must use licensed providers.
Q: How long do benefits last?
A: Most hybrid LTC: 2-7 year benefit periods (typically 6 years). OneAmerica Asset Care is the ONLY hybrid with lifetime/unlimited duration.
Q: What's the §1035 exchange play?
A: Transfer cash value from existing life insurance or non-qualified annuity tax-free into hybrid LTC. Common 2-3× leverage on LTC benefit pool vs. the cash transferred.
Q: What if I die without needing care?
A: Death benefit (typically equal to or slightly higher than premium paid) passes to heirs. Not a wasted premium.
Plain English glossary
| Term | Meaning |
|---|---|
| Hybrid Life + LTC | Life insurance with an LTC rider: pays LTC benefits if needed, pays death benefit if not. Never use-it-or-lose-it. |
| LTCBR (Long-Term Care Benefits Rider) | The rider attached to MoneyGuard's universal life base that lets you accelerate the death benefit for qualifying LTC needs. |
| §7702B | The IRS section that makes qualified LTC benefits tax-free. |
| PPA 2006 | Pension Protection Act §844: extended §1035 to allow tax-free exchange from annuities into LTC contracts (since 2010). |
| §1035 exchange | IRS provision allowing tax-free exchange of one life insurance / annuity / LTC contract for another. |
| Elimination period | The waiting period after qualifying for LTC before benefits start. MoneyGuard III is 0 days. |
| Indemnity benefit | LTC paid as monthly cash; no receipts required. |
| Reimbursement benefit | LTC paid against actual care bills submitted. |
| HIPAA chronic illness trigger | Federal definition: 2 of 6 ADL deficiency for 90+ days OR cognitive impairment. |
| Activities of Daily Living (ADLs) | Bathing, dressing, transferring, toileting, continence, eating. |
| Inflation protection | Annual increase to LTC benefit. MoneyGuard offers 3% OR 5% compound. |
| Return of Premium (ROP) | Refund if you surrender. MoneyGuard III standard is 70%. |
Illustrative examples: who fits, who got burned
Illustrative examples: these are composite scenarios, not actual clients. Names and details are changed.
Good fit: David, 63, Costa Mesa CA
David wanted A+ brand + 6-year LTC pool + the §1035 play. He had a $95K cash-value whole life policy from the 1990s earning 3% with no plan for it. We §1035-exchanged into MoneyGuard III, single life, 6-year benefit, 3% compound inflation, 0-day elimination.
The $95K transferred TAX-FREE and produced a $245K LTC pool growing with inflation. David's take: 'I had this old policy sitting there doing nothing. Now it could pay $245K of tax-free LTC if I ever need it.
If I don't, my kids get the death benefit. Either way, no waste.'
Burned: Margaret, 81, Sarasota FL
Margaret's family entered a 7+ year LTC episode for her late-stage dementia. MoneyGuard III's 6-year benefit pool ran out in year 6. The family had to fund year 7+ from her estate at $180K/year.
The complaint was valid. MoneyGuard III is capped at 6 years (or 3-7 selectable). Margaret's daughter felt the agent should have steered them to OneAmerica Asset Care's lifetime LTC.
She's right. For risk-averse buyers wanting unlimited coverage, MoneyGuard's cap is the wrong choice. Product is honest about the cap; the agent didn't help with product selection.
The pattern: Lincoln MoneyGuard III is a good product for the right buyer (typically a 55-67 buyer with a long horizon, no near-term liquidity needs, and realistic expectations) and a disaster for the wrong buyer (typically a buyer whose horizon, liquidity needs, or product-type expectations didn't match what the contract actually does). The product isn't the problem. Buyer/product mismatch is.
Who Lincoln MoneyGuard III actually fits
- Single buyer age 55-75 with $50K+ to commit
- Wants A+ brand-name hybrid LTC with 6-year LTC pool
- Values 0-day elimination + 70% ROP + inflation protection
- Has other liquid assets for emergencies
- Comfortable with time-capped (not lifetime) LTC
Who should look elsewhere
- Want lifetime/unlimited LTC → OneAmerica Asset Care, only hybrid with this feature
- Want joint life coverage → OneAmerica Asset Care, only hybrid offering joint life
- Smaller premium budget ($25-50K) → Securian SecureCare III or Nationwide CareMatters II, often more accessible at lower premium
- Want traditional standalone LTC (lower premium, use-it-or-lose-it risk) → Mutual of Omaha LTC
- Wealthy enough to self-insure ($3M+ liquid assets earmarked for healthcare) → may not need any LTC policy
How to pressure-test what your agent told you
- "What's the LTC benefit duration on my quote: 3, 4, 5, 6, or 7 years?"
- "What's the difference in premium for 3% vs. 5% compound inflation? Show me the projected monthly benefit at age 75/85/95."
- "What's the indemnity vs. reimbursement choice on my variant?"
- "What's the underwriting class assumed, and what happens if I'm rated higher?"
- "Do I own any existing life insurance or non-qualified annuities I could §1035 into MoneyGuard tax-free?"
- "What if I need LTC longer than 6 years? Am I covered, or does the policy run out?"
Get a second opinion before you sign
Talk to a licensed LTC expert. Hans.
Lincoln MoneyGuard III is best-in-class for 6-year hybrid LTC. The question for you: is 6 years enough, and is there a §1035 exchange that could give you 3× leverage on an old policy? Let me run the math.
Rather talk it through? Or book 15 minutes on Hans’s calendar, or call 213-414-2808.
Hans Goldstein · 213-414-2808 · NPN 20602398
We’ll email it to you. Hans replies within one business day. Privacy Policy.
Disclosure
This review is based on the carrier's public product materials and rates as of the date shown above. Annuity rates, caps, participation rates, payout factors, crediting methods, and long-term care benefit structures change often, sometimes monthly. Confirm current figures in the latest carrier disclosure and the contract before you buy. This is general education, not a personal recommendation or an offer of any product. Hans Goldstein is an independent licensed insurance producer (CA license 4273294, NPN 20602398) appointed with several A-rated carriers. His appointment with the carrier reviewed here may vary, and this review is not an endorsement. No carrier paid for this review. Always read the actual contract and consult a licensed advisor before purchasing any annuity or long-term care insurance product. Past index performance does not predict future credited interest. Annuities and hybrid life+LTC policies are long-term contracts with surrender charges; they are not suitable for funds you may need before the end of the surrender period. AM Best ratings and tax treatment are subject to change. Tax discussion of IRC §7702B, §1035, and the Pension Protection Act of 2006 reflects law as of 2026 and is subject to change.