0000726865-13-000491.txt : 20130401 0000726865-13-000491.hdr.sgml : 20130401 20130401102040 ACCESSION NUMBER: 0000726865-13-000491 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130401 DATE AS OF CHANGE: 20130401 EFFECTIVENESS DATE: 20130401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LINCOLN NATIONAL VARIABLE ANNUITY ACCT L CENTRAL INDEX KEY: 0001015343 IRS NUMBER: 350472300 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-04999 FILM NUMBER: 13729264 BUSINESS ADDRESS: STREET 1: 1300 S CLINTON ST STREET 2: P O BOX 1110 CITY: FORT WAYNE STATE: IN ZIP: 46802 BUSINESS PHONE: 2604552000 MAIL ADDRESS: STREET 1: 1300 S CLINTON ST STREET 2: P O BOX 1110 CITY: FORT WAYNE STATE: IN ZIP: 46802 FORMER COMPANY: FORMER CONFORMED NAME: LINCOLN NATIONAL VARIABLE ANNUITY ACCT L GRP VAR ANNUITY I DATE OF NAME CHANGE: 19960524 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LINCOLN LIFE & ANNUITY VAR ANN SEP ACCT L GROUP VAR ANN II CENTRAL INDEX KEY: 0001021153 IRS NUMBER: 161505436 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-141755 FILM NUMBER: 13729265 BUSINESS ADDRESS: STREET 1: 100 MADISON STREET STREET 2: SUITE 1860 CITY: SYRACUSE STATE: NY ZIP: 13202 BUSINESS PHONE: 3154288420 MAIL ADDRESS: STREET 1: 100 MADISON STREET STREET 2: SUITE 1860 CITY: SYRACUSE STATE: NY ZIP: 13202 0001015343 S000011243 LINCOLN NATIONAL VARIABLE ANNUITY ACCOUNT L C000030965 Group Variable Annuity 0001021153 S000002788 LINCOLN LIFE & ANNUITY VARIABLE ANNUITY ACCOUNT L C000049414 Group Variable Annuity 497 1 fundsubsupp.htm fundsubsupp.htm


THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
Lincoln National Variable Annuity Account L

LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK
Lincoln Life & Annuity Variable Annuity Account L

Group Variable Annuity

Supplement dated April 1, 2013 to the Prospectus dated May 1, 2012

This supplement provides further information about the fund substitutions which are occurring under your variable annuity contract (the “Contract”).

At the close of business on May 17, 2013 (the “Substitution Date”), the funds referenced in Column I (“Existing Funds”) will be substituted with the funds referenced in Column II (“Replacement Funds”) as investment options under your contract. Beginning May 20, 2013, the Existing Funds will no longer be eligible for investment.

Column I (Existing Funds)
Column II (Replacement Funds)
   
AllianceBernstein VPS Growth and Income Portfolio
LVIP SSgA S&P 500 Index Fund
American Century VP Inflation Protection Fund
LVIP BlackRock Inflation Protected Bond Fund
Dreyfus Stock Index Fund
LVIP SSgA S&P 500 Index Fund
Dreyfus VIF Opportunistic Small Cap Portfolio
LVIP SSgA Small-Cap Index Fund
DWS Equity 500 Index VIP Portfolio
LVIP SSgA S&P 500 Index Fund
DWS Small Cap Index VIP Portfolio
LVIP SSgA Small-Cap Index Fund
Fidelity VIP Equity-Income Portfolio
LVIP SSgA S&P 500 Index Fund
Neuberger Berman AMT Mid-Cap Growth Portfolio
LVIP SSgA S&P 500 Index Fund

On the Substitution Date, any contract value you have allocated to an Existing Fund will be transferred to the corresponding Replacement Fund. There will be no tax consequences resulting from this exchange. Any future allocations of purchase payments and/or contract value that you previously designated to the Existing Fund will be allocated to the Replacement Fund. These investments will become your allocation instructions until you tell us otherwise.

From now until thirty (30) days after the Substitution Date, contractowners with contract value in the Existing Funds are permitted to transfer contract value out of each Existing Fund (or out of the Replacement Fund after the Substitution Date) to one or more other subaccounts or fixed account (if available) within the contract without the transfer (or exchange) being treated as one of a limited number of transfers (or exchanges) allowed for under your contract.  If you would like to make a transfer of contract value, please contact Customer Service at 1-800-341-0441, or log into your account on the internet service center at www.LincolnFinancial.com. Neither Lincoln nor the Separate Accounts will exercise any rights reserved by them under the contracts to impose restrictions or fees on transfers during that time frame unless violations of market timing procedures occur as set forth in your prospectus.

Information about the Replacement Funds, their investment policies, risks, fees and expenses and all other aspects of their operations, can be found in their prospectuses, which you should read carefully.  THERE IS NO ASSURANCE THAT ANY FUND WILL ACHIEVE ITS STATED OBJECTIVES.

Please retain this supplement for future reference.