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Lincoln Level Advantage 2 Income B Share with ProtectedPay Select and Estate Lock

The Lincoln National Life Insurance Company, created in 1905, finds itself within the life insurance and retirement planning market. Above all, they seek to provide a variety of retirement solutions, including annuities and life insurance in particular. By selling a vast array of investment products, such as various forms of life insurance (term, universal, and variable) and annuities (fixed, indexed, and variable), the company strives to make retirees as financially secure as possible. Their services can go from short-term protection to long-term wealth accumulation, an example of their customizability. Over the years, they have acquired various insurance companies, like American State and Safeco, to inflate its geographic reach.

Lincoln Level Advantage 2 Income B Share with ProtectedPay Select and Estate Lock

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Investment

Your Gender

Your Age

Retire At

About Product

Type

Registered Index-Linked

Purpose

Lifetime Income & Legacy

Term

6 Years

Surrender schedule

Fee withdrawal:

10%

Market Value Adjustment

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, Traditional IRA, IRA-Roth, Roth Conversion (Partial), and Roth Conversion (Full)

Launch Date

09/15/2025

Lincoln Level Advantage 2 Income is an index-linked annuity. Annuities are long-term investment products that offer tax-deferred growth, lifetime income, and death benefit protection. To decide if Lincoln Level Advantage 2 Income is right for you, consider that its value will fluctuate; it is subject to investment risk and possible loss of principal. All guarantees, including those for optional features, are subject to the claims-paying ability of the issuer.

Secure Lock+
The Secure Lock+ feature allows you to lock in your current account value each year of an indexed term. The locked in account value of your indexed account will not move due to any market fluctuations, positive or negative, until your next monthly contract anniversary. At your next monthly contract anniversary date, your indexed account will reset with a new protection level and rate and a new starting index value. Or you can opt to delay the reset until the next indexed anniversary.
Secure Lock+ is not available on dual plus or annual lock accounts or during the income phase of the Lincoln ProtectedPay rider.

Available in states: AL, AK, AZ, AR, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
6-Year S&P 500 Dual10 Plus with Cap	Dual10 Plus 6-Year	125% Cap
6-Year Russell 2000 Dual15 Plus with Cap	Dual15 Plus 6-Year	100% Cap
6-Year Capital Strength Net Fee Dual15 Plus with Cap	Dual15 Plus 6-Year	70% Cap
6-Year First Trust American Leadership Dual15 Plus with Cap	Dual15 Plus 6-Year	115% Cap
6-Year S&P 500 Dual15 Plus with Cap	Dual15 Plus 6-Year	90% Cap
1-Year Russell 2000 Dual Performance Triggered 10% Buffer	Dual Performance Trigger (RILA) Annual	8% Performance triggered
1-Year Capital Strength Net Fee Index Dual Performance Triggered 10% Buffer	Dual Performance Trigger (RILA) Annual	7% Performance triggered
1-Year First Trust American Leadership Dual Performance Triggered 10% Buffer	Dual Performance Trigger (RILA) Annual	7.25% Performance triggered
1-Year Capital Group Growth ETF Dual Performance Triggered 10% Buffer	Dual Performance Trigger (RILA) Annual	9% Performance triggered
1-Year Capital Group Global Growth Equity ETF Dual Performance Triggered 10% Buffer	Dual Performance Trigger (RILA) Annual	8% Performance triggered
1-Year S&P 500 Dual Performance Triggered 10% Buffer	Dual Performance Trigger (RILA) Annual	7.25% Performance triggered
6-Year S&P 500 Annual Lock Cap 10% Buffer	Annual Lock 6-Year	12.5% Cap
6-Year Russell 2000 Annual Lock Cap 10% Buffer	Annual Lock 6-Year	14.5% Cap
6-Year Capital Strength Net Fee PTP Cap 15% Buffer	Point to Point 6-Year
6-Year Russell 2000 PTP Cap 30% Buffer	Point to Point 6-Year	80% Cap
6-Year Russell 2000 PTP Cap 25% Buffer	Point to Point 6-Year	85% Cap
1-Year MSCI EAFE PTP Cap 10% Buffer	Point to Point Annual	20% Cap
3-Year Capital Strength Net Fee PTP Participation Rate 10% Buffer	Point to Point Triennial	120% Participation
3-Year First Trust American Leadership PTP Participation Rate 10% Buffer	Point to Point Triennial	115% Participation
3-Year S&P 500 PTP Participation Rate 10% Buffer	Point to Point Triennial	110% Participation
6-Year Russell 2000 PTP Participation Rate 10% Buffer	Point to Point 6-Year	100% Participation
6-Year MSCI EAFE PTP Participation Rate 10% Buffer	Point to Point 6-Year	125% Participation
6-Year Capital Strength Net Fee PTP Participation Rate 10% Buffer	Point to Point 6-Year	110% Participation
6-Year First Trust American Leadership PTP Participation Rate 10% Buffer	Point to Point 6-Year	110% Participation
6-Year S&P 500 PTP Participation Rate 10% Buffer	Point to Point 6-Year	103% Participation
1-Year Capital Group Global Growth Equity ETF PTP Cap 15% Buffer	Point to Point Annual	13% Cap
1-Year Capital Group Growth ETF PTP Cap 10% Buffer	Point to Point Annual	18% Cap
1-Year Capital Group Growth ETF PTP Cap 15% Buffer	Point to Point Annual	14.5% Cap
1-Year Capital Group Global Growth Equity ETF PTP Cap 10% Buffer	Point to Point Annual	16% Cap
1-Year First Trust American Leadership PTP Cap 10% Buffer	Point to Point Annual	18% Cap
1-Year First Trust American Leadership PTP Cap 15% Buffer	Point to Point Annual	15% Cap
1-Year Capital Strength Net Fee PTP Cap 10% Buffer	Point to Point Annual	16.5% Cap
6-Year Capital Strength Net Fee PTP Cap 20% Buffer	Point to Point 6-Year	200% Cap
1-Year Capital Strength Net Fee PTP Cap 15% Buffer	Point to Point Annual	11.75% Cap
6-Year Russell 2000 PTP Cap 20% Buffer	Point to Point 6-Year	90% Cap
1-Year Russell 2000 PTP Cap 10% Buffer	Point to Point Annual	20% Cap
1-Year S&P 500 PTP Cap 100% Buffer	Point to Point Annual	7% Cap
1-Year S&P 500 PTP Cap 20% Buffer	Point to Point Annual	11.75% Cap
1-Year S&P 500 PTP Cap 15% Buffer	Point to Point Annual	13.5% Cap
1-Year S&P 500 PTP Cap 10% Buffer	Point to Point Annual	17% Cap
6-Year S&P 500 PTP Cap 25% Buffer	Point to Point 6-Year	75% Cap
6-Year S&P 500 PTP Cap 15% Buffer	Point to Point 6-Year	250% Cap
6-Year S&P 500 PTP Cap 20% Buffer	Point to Point 6-Year	100% Cap
6-Year S&P 500 PTP Cap 30% Buffer	Point to Point 6-Year	65% Cap
6-Year First Trust American Leadership PTP Cap 25% Buffer	Point to Point 6-Year	70% Cap
6-Year First Trust American Leadership PTP Cap 15% Buffer	Point to Point 6-Year	200% Cap
6-Year First Trust American Leadership PTP Cap 30% Buffer	Point to Point 6-Year	65% Cap
6-Year First Trust American Leadership PTP Cap 20% Buffer	Point to Point 6-Year	90% Cap
6-Year Capital Strength Net Fee PTP Cap 25% Buffer	Point to Point 6-Year	90% Cap
6-Year Capital Strength Net Fee PTP Cap 30% Buffer	Point to Point 6-Year	70% Cap
6-Year Russell 2000 PTP Cap 15% Buffer	Point to Point 6-Year	100% Cap
1-Year S&P 500 Performance Triggered 10% Buffer	Performance Triggered Annual	12% Performance triggered
1-Year S&P 500 Performance Triggered 15% Buffer	Performance Triggered Annual	10% Performance triggered
1-Year S&P 500 Performance Triggered 20% Buffer	Performance Triggered Annual	9.25% Performance triggered
1-Year Capital Group Global Growth Equity ETF Performance Triggered 10% Buffer	Performance Triggered Annual	11.5% Performance triggered
1-Year Capital Group Growth ETF Performance Triggered 15% Buffer	Performance Triggered Annual	11.5% Performance triggered
1-Year Capital Group Growth ETF Performance Triggered 10% Buffer	Performance Triggered Annual	13% Performance triggered
1-Year Capital Group Global Growth Equity ETF Performance Triggered 15% Buffer	Performance Triggered Annual	10.5% Performance triggered

Surrender schedule

Year	1	2	3	4	5	6
Penalty	7%	7%	6%	5%	4%	3%

Riders

Name	Inbuilt	Fee
Estate Lock Death Benefit	Yes	0.45% annually (1.60% max)
Lincoln ProtectedPay Select (Single) with Estate Lock Death Benefit	Yes	1.45% annually (2.75% max)

Waivers

Death

A surrender charge does not apply to a surrender of the Contract as a result of the death of the Contractowner or Annuitant.

Nursing Home

A surrender charge does not apply to a surrender or withdrawal of the Purchase Payment, as a result of the admittance of the Contractowner to an accredited nursing home or equivalent health care facility, where the admittance into the facility occurs after the effective date of the Contract and the owner has been confined for at least 90 consecutive days.

Terminal Illness

A surrender charge does not apply to a surrender or withdrawal of the Purchase Payment as a result of the diagnosis of a terminal illness of the Contractowner. Diagnosis of a terminal illness must be after the effective date of the contract and results in a life expectancy of less than one year as determined by a qualified professional medical practitioner.

Annuitization

A surrender charge does not apply to periodic income payments made under any Annuity Payout option.

Premium Notes

Issue ages

Minimum issue age 45
Maximum issue age 85
Minimum age for starting lifetime income is age 59

With Estate Lock, the minimum issue age is 45, maximum age is 75 and it’s available for single life only.

Withdrawal Provisions

Free withdrawal amounts Protected Annual Income and RMD withdrawals are not subject to charges. You have access to an annual free amount, which is equal to 10% of the current contract value.

Company Founded: 1905

Excellent Rated Company

Lincoln Financial

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