0000726865-20-000074.txt : 20200303 0000726865-20-000074.hdr.sgml : 20200303 20200303153624 ACCESSION NUMBER: 0000726865-20-000074 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200303 DATE AS OF CHANGE: 20200303 EFFECTIVENESS DATE: 20200303 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LINCOLN NATIONAL VARIABLE ANNUITY ACCOUNT C CENTRAL INDEX KEY: 0000353894 IRS NUMBER: 350472300 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-25990 FILM NUMBER: 20681856 BUSINESS ADDRESS: STREET 1: P O BOX 1110 CITY: FORT WAYNE STATE: IN ZIP: 46802 BUSINESS PHONE: 2604552000 MAIL ADDRESS: STREET 1: P O BOX 1110 CITY: FORT WAYNE STATE: IN ZIP: 46802 FORMER COMPANY: FORMER CONFORMED NAME: LINCOLN NATIONAL PENSION VARIABLE ANNUITY ACCOUNT C DATE OF NAME CHANGE: 19890508 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: 20681854 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 NATIONAL VARIABLE ANNUITY ACCOUNT H CENTRAL INDEX KEY: 0000847552 IRS NUMBER: 350472300 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-135219 FILM NUMBER: 20681855 BUSINESS ADDRESS: STREET 1: 1300 S CLINTON ST STREET 2: PO BOX 1110 CITY: FORT WAYNE STATE: IN ZIP: 46802 BUSINESS PHONE: 2604552000 MAIL ADDRESS: STREET 1: P O BOX 1110 CITY: FORT WAYNE STATE: IN ZIP: 46802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LINCOLN LIFE VARIABLE ANNUITY ACCOUNT N CENTRAL INDEX KEY: 0001048606 IRS NUMBER: 350472300 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-138190 FILM NUMBER: 20681853 BUSINESS ADDRESS: STREET 1: 1300 S CLINTON ST STREET 2: PO BOX 1110 CITY: FORT WAYNE STATE: IN ZIP: 46801 BUSINESS PHONE: 2604552000 MAIL ADDRESS: STREET 1: PO BOX 1110 CITY: FORT WAYNE STATE: IN ZIP: 46801 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: 20681858 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LINCOLN LIFE & ANNUITY VARIABLE ANNUITY ACCOUNT H CENTRAL INDEX KEY: 0001045008 IRS NUMBER: 000000000 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-141766 FILM NUMBER: 20681859 BUSINESS ADDRESS: STREET 1: 100 MADISON ST STREET 2: SUITE 1860 CITY: SYRACUSE STATE: NY ZIP: 13202-2802 BUSINESS PHONE: 3154288420 MAIL ADDRESS: STREET 1: 100 MADISON ST STREET 2: SUITE 1860 CITY: SYRACUSE STATE: NY ZIP: 13202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LINCOLN NEW YORK ACCOUNT N FOR VARIABLE ANNUITIES CENTRAL INDEX KEY: 0001093278 IRS NUMBER: 161505436 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-145531 FILM NUMBER: 20681857 BUSINESS ADDRESS: STREET 1: 100 MADISON STREET STREET 2: STE 1860 CITY: SYRACUSE STATE: NY ZIP: 13202-2808 BUSINESS PHONE: 3154288420 MAIL ADDRESS: STREET 1: 100 MADISON STREET STREET 2: SUITE 1860 CITY: SYRACUSE STATE: NY ZIP: 13202-2808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LINCOLN LIFE VARIABLE ANNUITY ACCOUNT Q CENTRAL INDEX KEY: 0001048604 IRS NUMBER: 350472300 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-43373 FILM NUMBER: 20681860 BUSINESS ADDRESS: STREET 1: 1300 SOUTH CLINTON STREET STREET 2: PO BOX 1110 CITY: FORT WAYNE STATE: IN ZIP: 46802 BUSINESS PHONE: 2604552000 MAIL ADDRESS: STREET 1: PO BOX 1110 CITY: FORT WAYNE STATE: IN ZIP: 46802 FORMER COMPANY: FORMER CONFORMED NAME: LINCOLN LIFE VARIBALE ANNUITY ACCOUNT Q DATE OF NAME CHANGE: 19971028 0000353894 S000002783 LINCOLN NATIONAL VARIABLE ANNUITY ACCOUNT C C000007618 Multi-Fund C000007620 Multi-Fund Select 0000847552 S000002785 LINCOLN NATIONAL VARIABLE ANNUITY ACCOUNT H C000035632 American Legacy Design C000096725 American Legacy Signature C000105459 American Legacy Fusion C000116836 American Legacy Series C000173806 American Legacy Advisory C000201576 American Legacy Shareholder's Advantage - A share (2018) C000216182 American Legacy Target Date Income Advisory C000216183 American Legacy Target Date Income B Share 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 0001045008 S000002787 LINCOLN LIFE & ANNUITY VARIABLE ANNUITY ACCOUNT H C000049430 American Legacy Shareholder's Advantage C000049432 American Legacy Design C000097756 American Legacy Signature C000105812 American Legacy Fusion C000116840 American Legacy Series C000176385 American Legacy Advisory C000216686 American Legacy Target Date Income Advisory C000216689 American Legacy Target Date Income B-Share 0001048604 S000002799 LINCOLN LIFE VARIABLE ANNUITY ACCOUNT Q C000007694 Group Multi-Fund 0001048606 S000002797 LINCOLN LIFE VARIABLE ANNUITY ACCOUNT N C000035538 Lincoln ChoicePlus Design C000041381 Lincoln ChoicePlus Assurance (A Share) C000096925 Lincoln ChoicePlus Signature C000102889 Lincoln ChoicePlus Fusion C000116834 Lincoln ChoicePlus Assurance Series C000126360 Lincoln ChoicePlus Assurance Prime C000138873 Lincoln Investor Advantage Fee-Based C000173804 Lincoln ChoicePlus Advisory C000173808 Lincoln Investor Advantage Advisory C000176406 Lincoln InvestmentSolutions RIA C000176408 Lincoln Investor Advantage RIA Class C000176572 Lincoln Core Income Variable Annuity C000199853 Lincoln Level Advantage Advisory Indexed Variable Annuity C000199854 Lincoln Level Advantage B-Share Indexed Variable Annuity C000199855 Lincoln Level Advantage B-Class Indexed Variable Annuity C000199856 Lincoln Level Advantage Advisory Class Indexed Variable Annuity C000203524 Lincoln Investor Advantage 2018 C000217751 Lincoln Level Advantage Design B-Share Indexed Variable Annuity C000217752 Lincoln Level Advantage Design Advisory Indexed Variable Annuity C000217813 Lincoln Level Advantage Select B Share Indexed Variable Annuity 0001093278 S000002798 LINCOLN NEW YORK ACCOUNT N FOR VARIABLE ANNUITIES C000049429 Lincoln ChoicePlus Design C000054046 Lincoln ChoicePlus Assurance A Share C000097755 Lincoln ChoicePlus Signature C000105807 Lincoln ChoicePlus Fusion C000116838 Lincoln ChoicePlus Assurance Series C000126363 Lincoln ChoicePlus Assurance Prime C000138879 Lincoln Investor Advantage Fee-Based C000176384 Lincoln ChoicePlus Advisory C000176386 Investor Advantage Advisory C000176581 Lincoln Core Income Variable Annuity C000203525 Lincoln Investor Advantage 2018 497 1 supplement.htm
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
Lincoln National Variable Annuity Account C
Multi-Fund®, Multi-Fund® Select

Lincoln National Variable Annuity Account H
American Legacy® Advisory, American Legacy® Series, American Legacy® Design
American Legacy® Shareholder’s Advantage, American Legacy® Signature, American Legacy® Fusion
American Legacy® Target Date Income B-Share, American Legacy® Target Date Income Advisory

Lincoln National Variable Annuity Account L
Group Variable Annuity

Lincoln National Life Annuity Account N
ChoicePlus AssuranceSM A Share, ChoicePlus AssuranceSM Prime
ChoicePlus AssuranceSM Series, ChoicePlusSM Fusion, ChoicePlusSM Design
ChoicePlusSM Signature, ChoicePlusSM Advisory, Core Income
Investor Advantage, Investor Advantage Fee-Based, Investor Advantage RIA Class
Investor Advantage Advisory, InvestmentSolutions RIA
Lincoln Level Advantage Indexed Variable Annuity Suite

Lincoln National Life Annuity Account Q
Multi-Fund® Group

LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK
Lincoln Life & Annuity Variable Annuity Account H
American Legacy® Advisory, American Legacy® Series, American Legacy® Design
American Legacy® Shareholder’s Advantage, American Legacy® Signature, American Legacy® Fusion
American Legacy® Target Date Income B-Share, American Legacy® Target Date Income Advisory

Lincoln Life & Annuity Variable Annuity Account L
Group Variable Annuity

Lincoln New York Account N for Variable Annuities
ChoicePlus AssuranceSM A Share, ChoicePlus AssuranceSM Prime
ChoicePlus AssuranceSM Series, ChoicePlusSM Fusion, ChoicePlusSM Design
ChoicePlusSM Signature, ChoicePlusSM Advisory, Core Income
Investor Advantage, Investor Advantage Fee-Based, Investor Advantage Advisory

Supplement dated March 3, 2020

This supplement outlines changes to the Federal Tax Matters section of the prospectus for your variable annuity contract. All other provisions of the prospectus remain unchanged. This supplement is for informational purposes and requires no action on your part.

Federal Tax Matters – The following new section is added immediately following the section titled “Types of Qualified Contracts.”

The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.

The Setting Every Community Up for Retirement Enhancement (SECURE) Act (the “SECURE Act”) was enacted on December 20, 2019. The SECURE Act made a number of significant changes to the rules that apply to qualified retirement plans and IRAs, including the following:
•
Increased the required beginning date measuring age from 70½ to 72 for any participant or IRA owner who did not attain age 70½ prior to January 1, 2020. As a result, required minimum distributions are generally required to begin by April 1 of the year following the year in which a participant or IRA owner reaches age 72.
•
Eliminated the age 70½ limit for making contributions to an IRA. Beginning in 2020, an IRA owner can make contributions to their IRA at any age.
•
Changed the required minimum distribution rules that apply after the death of a participant or IRA owner.
•
Created the “Qualified Birth or Adoption” exception to the 10% additional tax on early distributions.

Required Minimum Distributions. The first paragraph of this section is replaced with the following paragraph:

Under most qualified plans, you must begin receiving payments from the contract in certain minimum amounts by your “required beginning date.” Prior to the enactment of the SECURE Act, the required beginning date was April 1 of the year following the year in which you would have attained age 70½ or retired. If you did not attain age 70½ prior to January 1, 2020, then your required beginning date will be April 1 of the year following the year in which you attain age 72 or retire. If you own a traditional IRA, your required beginning date under prior law was April 1 of the year following the year in which you attained age 70½. If you did not attain age 70½ prior to January 1, 2020, then your required beginning date will be April 1 of the year following the year in which you attain age 72. If you own a Roth IRA, you are not required to receive minimum distributions from your Roth IRA during your life.

Additional Tax on Early Distributions from Qualified retirement Plans. The following bullet will be added to the list of exceptions:
•
Distribution received for a “qualified birth or adoption” event.


Please retain this supplement for future reference.