Lincoln Lifetime IncomeSM Advantage 2.0

5.60% lifetime income with nursing home enhancement

Lincoln Lifetime Income Advantage 2.01, an optional living benefit rider available for an additional charge with a Lincoln variable annuity, gives investors:

  • 5.60% guaranteed lifetime income at age 65 (5.50% joint), 6.00% at age 75 (5.75% joint ) 
  • Income Base grows annually at the greater of 6% simple or account value growth
  • Tax-deferral during accumulation for greater growth potential
  • Protection for beneficiaries with a dollar-for dollar Guarantee of Principal death benefit
  • Nursing home enhancement increases withdrawals to 10% starting at age 702
  • Option to take income using Lincoln’s patented, tax-efficient solution: i4LIFE® Advantage Guaranteed Income Benefit

Lincoln Lifetime Income Advantage 2.0.jpg This hypothetical example does not reflect a specific investment. The Income Base is used to calculate the guaranteed income amount. The Income Base equals the account value at election; however, while the account value fluctuates with the market, the Income Base grows with annual lock-in opportunities and is reduced by excess withdrawals.

You can transition from Lincoln Lifetime Income SM Advantage 2.0 to i4LIFE® Advantage Guaranteed Income Benefit for an additional income option.

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.

1 Lincoln Lifetime IncomeSM Advantage 2.0 is available for an additional annual charge of 1.25%, or 1.50% for joint coverage, above standard contract expenses (maximum annual charge of 2.25%, or 2.45% joint). As your Income Base increases, your cost will increase proportionately. The Income Base is not a cash or surrender value, nor is it available as a lump sum. The 6% annual enhancements will continue for the earlier of 10 years or through age 85 and reset upon an account value reset.. Withdrawals in excess of the allowable amount will adversely impact lifetime income.

In order to qualify for the nursing home enhancement, you must be 70 (based on youngest life for joint); you cannot be in a nursing home the year prior to rider election or for five years after; you must have a minimum 90 consecutive-day stay; and your account value must be greater than zero. With joint life, the first person to qualify and file will receive the enhancement. Not available in CA, CT, HI, IL, NV, NY, and VT.


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.