Lincoln Life Variable Annuity Account N

10/25/2024 | Press release | Distributed by Public on 10/25/2024 08:45

Prospectus by Investment Company - Form 497

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
Lincoln National Variable Annuity Account C
Multi-Fund® 5 Retirement Annuity
Lincoln Life Variable Annuity Account N
Lincoln ChoicePlusSM product suite, Lincoln ChoicePlusSM II product suite,
Lincoln ChoicePlus AssuranceSM (A-Share), Lincoln ChoicePlus AssuranceSM (B-Share),
Lincoln ChoicePlus AssuranceSM (C-Share), Lincoln ChoicePlus AssuranceSM (L-Share),
Lincoln ChoicePlus AssuranceSM (Bonus), Lincoln ChoicePlusSM Advisory,
Lincoln ChoicePlus AssuranceSM (Prime), Lincoln ChoicePlusSM Design, Lincoln ChoicePlusSM Rollover,
Lincoln ChoicePlusSM Select B-Share, Lincoln ChoicePlus AssuranceSM Series,
Lincoln ChoicePlusSM Signature
LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK
Lincoln New York Account N for Variable Annuities
Lincoln ChoicePlusSM product suite, Lincoln ChoicePlusSM II product suite,
Lincoln ChoicePlus AssuranceSM (A-Share), Lincoln ChoicePlusAssuranceSM (B-Share),
Lincoln ChoicePlus AssuranceSM (C-Share), Lincoln ChoicePlus AssuranceSM (L-Share),
Lincoln ChoicePlus AssuranceSM (Bonus), Lincoln ChoicePlusSM Advisory,
Lincoln ChoicePlus AssuranceSM (Prime), Lincoln ChoicePlusSM Design,
Lincoln ChoicePlus AssuranceSM Series, Lincoln ChoicePlusSMSignature
Supplement dated October 25, 2024 to the Prospectus dated May 1, 2024
This Supplement outlines changes to certain investment options under your individual annuity contract. All other provisions outlined in your variable annuity prospectus, as supplemented, remain unchanged.
The Lincoln Variable Insurance Products Trust has notified us that the LVIP MFS International Equity Managed Volatility Fund will be renamed LVIP Multi-Manager International Equity Managed Volatility Fund on or about November 18, 2024. In addition, the Current Expense has been updated as reflected below. All other information about the fund can be found in the fund's prospectus.
The following line item will replace the line item for LVIP MFS International Equity Managed Volatility Fund in Appendix A - Funds Available Under The Contract:
Investment Objective
Fund and Adviser/Sub-adviser
Current Expenses
Average Annual Total
Returns (as of 12/31/2023)
1 year
5 year
10 year
Capital Appreciation. A fund of funds.
LVIP Multi-Manager International Equity Managed Volatility Fund - Service Class
advised by Lincoln Financial Investments Corporation
1.13%*
13.59%
6.52%
3.94%
*This 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 prospectus for additional information.

Please retain this Supplement for future reference.