4LATER® Select Advantage

If you're looking for growth and don't need to take withdrawals right away, 4LATER® Select Advantage, an optional living benefit rider available for an additional charge, can provide a base for your future retirement income that's guaranteed to grow.

4LATER® Select Advantage provides guaranteed step-ups to the Income Base and locks in account value when exceeding a 6% increase in any year. All guarantees, including those for optional features, are subject to the claims-paying ability of the issuing company. Limitations and conditions apply.

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These charts are hypothetical, for illustrative purposes only, and are intended to show the mechanics of an investment in a variable annuity with 4LATER® Select Advantage. Variable annuity and feature charges will decrease investment returns. Withdrawals while in 4LATER® Select Advantage will reduce the Income Base pro rata.

Important: Available for nonqualified contracts only. You should only consider 4LATER® Select Advantage if you're interested in electing i4LIFE® Advantage Guaranteed Income benefit. 4LATER® Select Advantage works with i4LIFE® Advantage to provide minimum lifetime payments with the potential to grow. i4LIFE® Advantage Guaranteed Income Benefit is available for an additional charge. If you elect 4LATER® Select Advantage, you cannot elect any other living benefit we offer at the same time, and you must invest in one of the managed risk funds or other selected investment options.

Variable annuities are long-term investment products that offer a lifetime income stream, access to leading investment managers, options for guaranteed growth and income (available for an additional charge), and death benefit protection.

To decide if a variable annuity is right for you, consider that its value will fluctuate; it’s subject to investment risk and possible loss of principal; and there are costs associated, such as mortality and expenses, administrative and advisory fees.

Important Disclosures:
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.

Variable annuities are long-term investment products designed for retirement purposes and are subject to market fluctuation, investment risk, and possible loss of principal.

Variable annuities contain both investment and insurance components and have fees and charges, including mortality and expense, administrative, and advisory fees. Optional features are available for an additional charge. The annuity's value fluctuates with the market value of the underlying investment options, and all assets accumulate tax-deferred. Withdrawals of earnings are taxable as ordinary income and, if taken prior to age 59½, may be subject to an additional 10% federal tax. Withdrawals will reduce the death benefit and cash surrender value.

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 variable annuity prospectus contains this and other important information about the variable annuity and its underlying investment options. Please call 888-868-2583 for a free prospectus. Read it carefully before investing or sending money.

Products and features are subject to state availability.

Lincoln variable annuities and American Legacy® variable annuities are issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and 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.

Contracts sold in New York are issued by Lincoln Life & Annuity Company of New York, Syracuse, NY, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer.

All contract and rider guarantees, 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.

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