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Registered index-linked annuity · SEC-registered · defined downside design

Lincoln Level Advantage 2 Income Advisory — The Lincoln National Life Insurance Company

Issued by The Lincoln National Life Insurance Company

AM Best ACan lose value

Income contractIncome-oriented contract; current option rates are not published in the live product data.The feed publishes both fee values for each named withdrawal-rate option, but does not publish the fee basis or the qualifier that distinguishes those fee rows. No single fee or income behavior is selected.

Segment terms1-year · 3-year · 6-year

Downside choices0% buffer · 10% buffer · 15% buffer · 20% buffer · 25% buffer · 30% buffer · 100% buffer

FeeNot published

Surrender periodNone

Free withdrawalNot published

Issue ages45–85 (annuitant and owner) · age limits based on the older person

Available jurisdictions51published in the feed

Market value adj.None

Get my rate report All 58 rate rowsVerified Oct 7, 2026 · CANNEX via AdvisorWorld

Headline segment · S&P 500 Index · 1-year · 10% buffer18% cap · 10% buffer

The upside term is shown with its index, term, downside rule, and fee status. This indexed segment can lose value.

The buffer absorbs the first 10% of segment loss; losses beyond it can still apply. This is not an FIA.

Every segment, by index and downside design

Read across a row to compare the upside term under each published downside design. Current rates for the selected state and $100,000 premium; every percentage identifies what it is.

IndexTermProtectionStrategy family

Strategy fee is not published; outcome figures are suppressed unless another published fee applies.

Swipe horizontally to compare every protection level.

Index · term	10% buffer	15% buffer	20% buffer	25% buffer	30% buffer	100% buffer
S&P 500
1-yearPoint-to-point	18% cap Segment details Minimum cap: 1%Minimum participation: 100%Minimum buffer: 10%	15.5% cap Segment details Minimum cap: 1%Minimum participation: 100%Minimum buffer: 15%	13.25% cap Segment details Minimum cap: 1%Minimum participation: 100%Minimum buffer: 20%	—	—	8% cap Segment details Minimum cap: 0.1%Minimum participation: 100%Minimum buffer: 100%
1-yearPerformance trigger	12.75% trigger rate Segment details Minimum trigger rate: 1%Minimum participation: 100%Minimum buffer: 10%	10.5% trigger rate Segment details Minimum trigger rate: 1%Minimum participation: 100%Minimum buffer: 15%	10% trigger rate Segment details Minimum trigger rate: 1%Minimum participation: 100%Minimum buffer: 20%	—	—	—
1-yearDual performance trigger	7.75% trigger rate Segment details Minimum trigger rate: 1%Minimum participation: 100%Minimum buffer: 10%	—	—	—	—	—
3-yearPoint-to-point	105% participation Segment details Minimum participation: 15%Minimum buffer: 10%	—	—	—	—	—
6-yearPoint-to-point	105% participation Segment details Minimum participation: 15%Minimum buffer: 10%	Not published Segment details Minimum cap: 1%Minimum participation: 100%Minimum buffer: 15%	200% cap Segment details Minimum cap: 10%Minimum participation: 100%Minimum buffer: 20%	125% cap Segment details Minimum cap: 1%Minimum participation: 100%Minimum buffer: 25%	100% cap Segment details Minimum cap: 10%Minimum participation: 100%Minimum buffer: 30%	—
6-yearAnnual lock cap	15% cap Segment details Minimum cap: 1%Minimum participation: 100%Minimum buffer: 10%	—	—	—	—	—

Showing 15 of 58 indexed segments.

Menu combined from 2 published rate instances (57 + 1 segments). Published share classes: I Share; the source does not map each rate instance to a share class.

Outcome simulator unavailable

The current feed does not publish a strategy fee for every eligible segment. No zero fee is assumed, so outcome figures are suppressed.

What the carrier can change at renewal

Upside rates and downside-protection terms are declared for each segment. These are the contractual minimums published with the live rows.

Annual lock cap · 6-year1%Minimum cap

Annual lock cap · 6-year100%Minimum participation rate

Dual performance trigger · 1-year100%Minimum participation rate

Dual performance trigger · 1-year1%Minimum trigger rate

Performance trigger · 1-year100%Minimum participation rate

Performance trigger · 1-year1%Minimum trigger rate

Point-to-point · 1-year0.1%Minimum cap

Point-to-point · 1-year100%Minimum participation rate

Point-to-point · 3-year15%Minimum participation rate

Point-to-point · 6-year1%Minimum cap

Point-to-point · 6-year15%Minimum participation rate

Minimum published buffer0%Lowest value across the published segment limits

Read the minimum buffer twice. A renewed segment may carry no buffer at all. Today’s buffer is a declared term and is not fixed for the life of the contract.

Open “Segment details” in the matrix to see the contractual minimum attached to that exact row.

Getting money out

No surrender charge

Free withdrawalNot published

Systematic withdrawalsAvailable

Nursing-home / terminal-illness waiverNot published

BailoutNot available

Return of premiumNot available

Death benefitAccount Value Death Benefit (Ages 76-85)

Analyst notes

Where it stands out

This advisory income contract offers Lincoln ProtectedPay Select choices, including an Estate Lock version, and an annual rider-fee range; the fee basis and distinguishing option qualifier are not published.
Annual and multi-year cap, participation, trigger, annual-lock, and dual-performance mechanics remain distinct.
The current contract ledger publishes no surrender charge for the advisory version.

What to confirm

This registered index-linked annuity can lose value when an index decline exceeds the selected buffer.
Check the income facts for withdrawal-rate and rider-fee availability at the requested age and state. A future income projection requires the applicable payout rate and all deferral-specific inputs.
Strategy fees are not published for the current indexed rows, so segment outcome figures remain unavailable.
Interim withdrawals can receive a negative contract adjustment even though no surrender charge is published.

Best fitAdvisory clients comparing current income options and market-linked segments who will confirm the full rider terms in the prospectus and carrier illustration.

Not ideal forBuyers who cannot accept loss or who need a future income projection without the remaining deferral-specific inputs.

Expanded contract facts

Contract details beyond the headline rate

Fresh CANNEX source

Key facts published in the versioned CANNEX contract ledger. Gaps are labeled, not guessed.

Contract ledger statusAvailable · version 2.0

Product familyRILA

Share classesI Shareapplicable_rule · product_profile

PremiumNot published in feed

Issue ages45–85 (annuitant and owner) · age limits based on the older person

Joint age rulesannuitant: minimum age uses the younger person, maximum age uses the older person, maximum age difference not published · owner: minimum age uses the younger person, maximum age uses the older person, maximum age difference not published

Funding typesNon-qualified · Qualified

Annuitant typesJoint · Single

OwnershipJoint · Single · Trust

Joint contractAvailable

Free-look periodAvailable

Annuitization maximum age99 years

Annuitization optionsJoint life · Single life

Profile feesNot published

Premium bonusNot published

Systematic withdrawalsYes

Minimum-withdrawals rule appliesYes

BailoutNo

Market value adjustmentNone

Return of premiumNot available

Free-withdrawal tiersNot published

CDSC schedule0 years · applies to the selected contract

Surrender ledger statusAvailable

Contract sourceCANNEXNormalized public contract facts; source XML and internal identifiers are not displayed.

Source vintagefreshObserved Oct 7, 2026 · generated Oct 7, 2026

Income rider optionsLincoln ProtectedPay Select · Lincoln ProtectedPay Select and Estate Lock

Published income option factsLincoln ProtectedPay Select · withdrawal Not published · annual rider fee 1.45% · Lincoln ProtectedPay Select · withdrawal Not published · annual rider fee 1.55% · Lincoln ProtectedPay Select and Estate Lock · withdrawal Not published · annual rider fee 1.45% · Lincoln ProtectedPay Select and Estate Lock · withdrawal Not published · annual rider fee 1.55%Each source row is retained. The feed does not publish the fee basis or the qualifier that distinguishes the two fee rows for each named option.

Published withdrawal ratesNot publishedCurrent payout facts for the requested age and state; these are not deferral projections.

Published annual rider fee1.45%–1.55%Both fee values are published for each named withdrawal-rate option. The fee basis and the qualifier that distinguishes the fee rows are not published.

Published income-base roll-upNot publishedNo income-base roll-up is published for the current options.

Income projectionUnavailableDeferral-specific income bases, start-age payout adjustments, and projected annual income are not published for these options, so no projection is calculated.

Death benefitAccount Value Death Benefit (Ages 76-85)

Contract open dateSep 15, 2025

Source and vintage: normalized public product facts from CANNEX, observed Oct 7, 2026. Raw licensed XML and internal identifiers are not included. Terms can vary by state, premium, age, share class, and contract version; confirm the current carrier contract and illustration before purchase.

Prospectus and SEC filings

A RILA is a registered security. The prospectus governs interim value, performance lock, death benefit, and fees.

RegistrantThe Lincoln National Life Insurance Company

SEC CIK0000726865

File numbers333-287294

Open filings on EDGAR ↗

No verified carrier document link is published in the product feed. Rate-sheet supplements will appear only after their product and carrier match is verified.

State availability

51 published jurisdictions. Not available in New York, Oregon, or the U.S. Virgin Islands.

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Rates are sourced from CANNEX via AdvisorWorld. Rates vary by state, premium band, and issue age. A registered index-linked annuity can lose value; a buffer, floor, or downside-participation rule limits specified losses but does not guarantee principal or surrender value. Upside rates and downside-protection terms can change on new segments. Educational only — not advice, a quote, or a carrier-approved illustration. Guarantees are backed by the issuing carrier’s claims-paying ability and are not FDIC-insured.

Registered index-linked annuity

Lincoln Level Advantage 2 Income Advisory — The Lincoln National Life Insurance Company

Lincoln Level Advantage 2 Income Advisory is a registered index-linked annuity. Its linked segments can gain or lose value, subject to the contract's protection and crediting terms.

RILA contracts can offer index-linked upside with a stated buffer, floor, or downside participation rule. They can still lose value under market and contract conditions, and they are not MYGA-style fixed-rate guarantees.

Loading verified current contract data

Current protection and crediting terms are being verified for this product. Product identity and the RILA risk explanation remain available while that data loads.

Free personalized report

What would you like your money to do?

Choose a goal to start your report. We’ll carry your answer into the next step.

Find guaranteed ratesCompare current fixed options Plan retirement incomeExplore income choices Compare my optionsGet a personal starting point

What would you like your money to do?

Lincoln Level Advantage 2 Income Advisory — The Lincoln National Life Insurance Company

Every segment, by index and downside design

Outcome simulator unavailable

What the carrier can change at renewal

Getting money out

No surrender charge

Analyst notes

Where it stands out

What to confirm

Contract details beyond the headline rate

Prospectus and SEC filings

State availability

Lincoln Level Advantage 2 Income Advisory — The Lincoln National Life Insurance Company

Loading verified current contract data

What would you like your money to do?

Cite this

Lincoln Level Advantage 2 Income Advisory — The Lincoln National Life Insurance Company

Every segment, by index and downside design

Outcome simulator unavailable

What the carrier can change at renewal

Getting money out

No surrender charge

Analyst notes

Where it stands out

What to confirm

Contract details beyond the headline rate

Prospectus and SEC filings

State availability