Lincoln Life & Annuity Variable Annuity Account L

07/18/2025 | Press release | Distributed by Public on 07/18/2025 09:30

Summary Prospectus for New Investors by Investment Company (Form 497VPI)


LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK

Lincoln Life & Annuity Variable Annuity Account L
Group Variable Annuity


Supplement dated July 18, 2025 to the
Summary Prospectus for New Investors dated May 1, 2025

This Supplement outlines changes to certain investment options under your annuity contract. All other provisions outlined in your summary prospectus, as supplemented, remain unchanged.

The Neuberger Berman Advisers Management Trust has notified us that the name of the following fund will be changed on or about July 28, 2025. The fund's investment objective, fee and average total returns remain the same. All other information about the fund, including the principal investment strategies, can be found in the fund's prospectus.

CURRENT FUND NAME
NEW FUND NAME
Neuberger Berman AMT Sustainable Equity Portfolio
Neuberger Berman AMT Quality Equity Portfolio

You can obtain information at no cost by contacting your registered representative or by sending an email request to pwmixccontact@lfg.com.
Please retain this Supplement for future reference.
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