Lincoln Level AdvantageSM indexed variable annuity

Bringing protection, growth and income into balance can be a challenge — but it’s possible.

With Lincoln Level Advantage, you can build a strategy to fit your individual objectives and investing style. You can select a level of protection to help guard what you’ve worked hard for, while giving you the opportunity for continued growth. And when the time to take income is right, the option is there.

It’s all about finding the balance that’s right for you.


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Paul's Story

See how Lincoln Level Advantage helped Paul balance his needs for protection and growth.

Download the client guide (PDF)


Guard it

Choose a level of protection to help guard against market downturns.

Grow it

Diversify across a range of indices and underlying investment options for maximum growth opportunities.

Get it

Turn on income when you’re ready with i4LIFE® Indexed Advantage, an optional patented income benefit available for an additional charge.

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Available products

Lincoln Level Advantage℠ indexed variable annuity is a long-term investment product that offers tax-deferred growth, access to a lifetime income stream and death benefit protection. To decide if Lincoln Level Advantage℠ is right for you, consider that its value will fluctuate; it is subject to investment risk and possible loss of principal; and there are costs associated with the variable investment options such as product charges. There are no explicit fees associated with the index-linked accounts. All guarantees, including those for optional features, and all amounts invested into the indexed accounts are subject to the claims-paying ability of the issuer. Limitations and conditions apply.


Lincoln Financial Group® affiliates, their distributors, and their respective employees, representatives, and/or insurance agents do not provide tax, accounting, or legal advice. Please consult your own independent advisor as to any tax, accounting, or legal statements made herein.

Lincoln Level Advantage℠ indexed variable annuity is a long-term investment product designed for retirement purposes. There are no explicit fees associated with the indexed-linked account options available. There are associated fees with the variable annuity subaccounts, which include a product charge, and administrative fees. Annuities are subject to market risk including loss of principal. Withdrawals are subject to ordinary income tax treatment and, if taken prior to age 59½ in nonqualified contracts, may be subject to an additional 10% federal tax. Withdrawals may also be subject to a contractual withdrawal charge.

Indexed-linked variable annuity products are complex insurance and investment vehicles and are subject to surrender charges for early withdrawals. Please reference the prospectus for information about the levels of protection available and other important product information.

The risk of loss occurs each time you move into a new indexed account after the end of an indexed term. The protection level option selected in the indexed account helps protect you from some downside risk. If the negative return is in excess of the protection level selected, there is a risk of loss of principal. Protection levels vary based on the index and term selected are subject to change and may not be available with every option. Please see the prospectus for details.

Investors are advised to consider the investment objectives, risks, and charges and expenses of the variable annuity and its underlying investment options carefully before investing. The applicable prospectuses for the variable annuity and its underlying investment options contain this and other important information. Please call 888-868-2583 for free prospectuses. Read them carefully before investing or sending money. Products and features are subject to state availability.

Lincoln Level Advantage℠ indexed variable annuities (contract form 30070-B and state variations) are issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, distributed by Lincoln Financial Distributors, Inc., a broker-dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so.

All contract and rider guarantees, payment from the indexed accounts, including those for optional benefits, fixed subaccount crediting rates, or annuity payout rates, are subject to the claims-paying ability of the issuing insurance company. They are not backed by the broker-dealer or insurance agency from which this annuity is purchased, or any affiliates of those entities other than the issuing company affiliates, and none makes any representations or guarantees regarding the claims-paying ability of the issuer.

i4LIFE® Indexed Advantage is available on the indexed anniversary for an additional annual charge of 0.40%. Indexed accounts with indexed terms greater than one year are not available for allocation or reallocation.

This product and the components and features contained within are not available in all states or firms. Please reach out to your registered representative for more details on state approvals and firm guidelines.

There is no additional tax-deferral benefit for an annuity contract purchased in an IRA or other tax-qualified plan.

Not available in New York.