Summary Prospectus for New Investors by Investment Company - Form 497VPI

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY

Lincoln Life Variable Annuity Account N

Lincoln Investor Advantage^® RIA Class

Supplement dated August 9, 2024 to the

Summary Prospectus for New Investors dated May 1, 2024

This Supplement to the summary prospectus for your individual annuity contract outlines important revisions that become effective on and after August 19, 2024. These revisions are related to:

a)	Limits to maximum Purchase Payments; and

b)	Appendix A - Funds Available Under The Contract.

All other provisions outlined in your prospectus, as supplemented, remain unchanged.

Purchase Payments - Investing in the Contract: Beginning September 16, 2024, the following rules will apply to maximum Purchase Payments:

Purchase Payments totaling $2 million or more are subject to Home Office approval. This amount takes into consideration the total Purchase Payments for all variable annuity contracts issued by the Company (or its affiliates) (excluding Lincoln Level Advantage^® and Lincoln Level Advantage 2^SM contracts) for the same Contractowner, joint owner, and/or Annuitant.

The following line item will be added to Appendix A - Funds Available Under the Contract, on or about August 12, 2024:

¹This fund is subject to an expense reimbursement or fee waiver arrangement. As a result, this fund's annual expenses reflect temporary expense reductions. See the fund's prospectus for additional information.

Effective on or about August 12, 2024, the LVIP American Century Ultra Fund (Standard Class II) will no longer be available as an investment option under your Contract. Any investments in this fund will be transferred to the LVIP American Century Ultra Fund (Standard Class) on or about this date. Once this transfer occurs, any future allocations that you previously designated to the LVIP American Century Ultra Fund (Standard Class II) will be allocated to the LVIP American Century Ultra Fund (Standard Class). You will need to provide us with allocation instructions if you wish to make a change from this investment.

Appendix A - Funds Available Under the Contract: On August 23, 2024, the LVIP Wellington Capital Growth Fund will be reorganized into the LVIP American Century Ultra^® Fund and will no longer be available as a fund option.

Please retain this Supplement for future reference.