Lincoln Market Select® Advantage

5.25% lifetime income with investment flexibility for upside potential

Lincoln Market Select®  Advantage1, an optional living benefit rider available for an additional charge with a Lincoln variable annuity, gives investors:

Lifetime income

  • 5.25% guaranteed lifetime income at age 65 single, 5.15% joint (based on youngest life)2  
  • Income Base grows annually at the greater of 6% simple or account value growth3
  • Tax-deferral during accumulation for greater growth potential
  • Protection for beneficiaries with a dollar-for-dollar Guarantee of Principal death benefit
  • Option to take income using Lincoln’s patented, tax-efficient solution: i4LIFE® Advantage Select Guaranteed Income Benefit

Investment flexibility

  • Build up to a 80/20 equity/fixed income portfolio
  • Choose from individual funds or check the box options from leading asset managers
  • Active and passive options are available

Lincoln Lifetime Income Advantage 2.0.jpg 2

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.

1 Lincoln Market Select ® Advantage is available to clients ages 0 to 85 for an additional annual charge of 1.25% above standard contract expenses, or 1.50% for joint life (maximum annual charge is 2.25% single life or 2.45% joint life). Investment requirements apply. 
2 In New York, withdrawals are guaranteed through age 80 (qualified) or 95 (nonqualified). i4LIFE® Advantage Select GIB must be elected before age 81 for qualified contracts (based on the owner’s age) or age 96 for nonqualified contracts (based on the youngest life) in order to receive lifetime income payments. Otherwise, Lincoln Market Select® Advantage will terminate. If transitioning to i4LIFE® Advantage Select GIB at age 80 (qualified) or age 95 (nonqualified) the GIB will not be less than the Guaranteed Annual Income under Lincoln Market Select®  Advantage. 
3 The 6% step-ups apply for the earlier of 10 years or through age 85, reset upon an account value step-up, and are not available in any year a withdrawal occurs. Annual account value step ups are available through age 85. If a withdrawal is taken, the 6% enhancement is not available that year, but account value growth can be locked in through age 85 (based on the oldest life for joint coverage). Withdrawals in excess of the allowable amount will adversely impact the lifetime income. If account value is higher, the Income Base will lock in at the higher amount that year, and a new charge may apply. In New York, the 10-year period of 5% step-ups will reset upon an account value step-up through age 85.

Lincoln Market Select® Advantage is available with Lincoln ChoicePlusSM and American Legacy® variable annuities. If you have questions or for more information about the Lincoln Market Select® Advantage rider, contact an advisor.

A variable annuity is a long-term investment product that offers tax-deferred growth, access to leading investment managers and a lifetime income stream. To decide if a variable annuity 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, such as mortality and expenses, administrative and advisory fees. All guarantees, including those for optional features, 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.

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.