Lincoln Long-Term CareSM Advantage

With Lincoln Long-Term CareSM Advantage, available with Lincoln variable annuities, you can reposition a portion of your nonqualified assets to generate three times your income for tax-free, long-term care benefits. And, your benefit has the potential to grow based on the market performance of the underlying investments options.

Lincoln Long-Term CareSM Advantage is an optional living benefit rider, available for an additional cost on new contracts, that provides:

  • A way to pay for long-term care expenses on a generally tax-free basis without surrender charges
  • Potential to receive up to three times the purchase payments for qualified long-term care expenses
  • Opportunity to lock investment gain in the contract as long-term care benefits
  • Access to the contract value for emergencies
  • Ability to receive a death benefit

Long-term care benefits include Acceleration Benefits, Extension Benefits and Growth Benefits (if elected). Acceleration Benefits provide access to the contract value in an amount equal to the amount you pay into the contract, which represents a return of the premium. After Acceleration Benefits reach zero, you will receive Extension Benefits. These benefits represent “pure” long-term care insurance protection.

Growth Benefits, available for additional cost, are in excess of Acceleration and Extension Benefits. This option provides access to contract earnings for long-term care benefits.

If you have questions or for more information on the Lincoln Long-Term CareSM Advantage rider, contact an advisor.


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.