I4LIFE^SUP® ADVANTAGE

You’ve done the hard work…now comes the fun part – you have planned and saved and are ready to begin your retirement. The “rules” for retirement have changed; today’s retirees are redefining the way they spend this exciting new time in their lives, whether it’s starting a second career, or traveling with friends and family, or even obtaining a degree in a lifelong interest.

1. Outliving your income
2. Inflation
3. Loss of control over your assets
4. Market volatility

i4LIFE^® Advantage, an optional feature available with Lincoln variable annuities, can help you make an intimidating transition – from saving for retirement to taking retirement income payments – with confidence and ease.

i4LIFE^® Advantage, an Income4Life^® innovation with Lincoln variable annuities, is an optional benefit that provides a lifetime income guarantee.

1. Lifetime income: i4LIFE^® Advantage addresses concerns about increasing life expectancies by ensuring a lifetime income, no matter how long you may live.
2. Potential to outpace inflation: You also have potential protection against inflation and loss of your standard of living. Your investment has the growth opportunity of the investment subaccounts, which may contribute to higher income.
3. Maintain control: This optional benefit still allows you to maintain control over your investment through additional withdrawals, a death benefit equal to the account value, and the ability to change the benefit, if you choose. This control is available during a specific period of time, called the Access Period, which is chosen by you and may last all the way to age 115! Withdrawals are subject to ordinary income tax, may be subject to a 10% federal tax penalty if taken prior to age 59½, and may be subject to surrender charges. Withdrawals, other than the scheduled regular income payments, will reduce the account value, subsequent benefits, guarantees, and may affect taxation.
4. Additional protection against market volatility: With i4LIFE^® Advantage by itself, payments have the potential to go up, but also the potential to go down. If the thought of market volatility makes you anxious, you may elect a minimum guarantee with i4LIFE^® Advantage called the Guaranteed Income Benefit, or GIB, which is available for an additional charge. This ensures your lifetime payments never drop below a minimum payment of 75% of your initial i4LIFE^® Advantage payment. If your i4LIFE^® Advantage payment grows, your GIB can too.

NOTE: i4LIFE^® Advantage and Guaranteed Income Benefit are optional benefits offered at an additional annual cost above the standard contract charges. Additional i4LIFE^® Advantage death benefit options are available for an additional charge. For information on contract and death benefit charges, refer to the prospectus. All guarantees are backed by the claims-paying ability of the appropriate issuing company. Additional withdrawals or termination of i4LIFE^® Advantage payments may negatively affect taxation of the contract.

Election of the GIB feature may restrict certain subaccounts.

Variable annuities are long-term contracts designed for retirement purposed. These additional charges and expenses should be considered carefully before purchasing.

Return and principal value may fluctuate so when withdrawn it may be worth more or less than the original cost / premiums paid.

Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Insurance products are issued by The Lincoln National Life Insurance Company (Lincoln), Fort Wayne, IN, and affiliates. In some states, contract terms are set out and coverage may be provided in the form of certificates issued under a group policy issued to a group life insurance trust. The Lincoln National Life Insurance Company is not authorized nor does it solicit business in the state of New York.

Contracts sold in New York are issued by Lincoln Life & Annuity Company of New York, Syracuse, NY.

Contractual obligations are backed by the claims-paying ability of the issuing insurance company.

Products and features are subject to state availability.

Variable products are sold by prospectus. Consider the investment objectives, risks, charges, and expenses of the variable product and its underlying investment options carefully before investing. The prospectus contains this and other information about the variable product and its underlying investment options. A prospectus is available on LFG.com or you may request one from your registered representative. Read it carefully before investing.