Lincoln National Variable Annuity Account H

06/11/2025 | Press release | Distributed by Public on 06/11/2025 08:38

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


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

American Legacy® Signature 1

Supplement dated June 11, 2025 to the Summary Prospectus for New Investors dated May 1, 2025

This supplement to the summary prospectus for your individual variable annuity contract outlines important changes that become effective on and after June 16, 2025. These changes are related to:
a)
Appendix A - Funds Available Under The Contract; and
b)
Appendix B - Investment Requirements.
All other provisions outlined in your variable annuity prospectus remain unchanged.
The following line items are added to Appendix A - Funds Available Under the Contract:

Investment Objective
Fund and Adviser/Sub-adviser
Current Expenses
Average Annual Total
Returns (as of 12/31/2024)
1 year
5 year
10 year
Capital appreciation.
American Funds® IS U.S. Small and Mid Cap Equity Fund - Class 4
advised by Capital Research and Management Company
1.04%1
N/A
N/A
N/A
Long-term capital appreciation.
LVIP American Funds Vanguard Active Passive Growth Fund - Service Class
advised by Lincoln Financial Investments Corporation
0.98%
N/A
N/A
N/A
1This fund is subject to an expense reimbursement or fee waiver arrangement. As a result, this fund's annual expenses reflect temporary expense reductions. See the fund's prospectus for additional information.
You can find the fund prospectus and other information about the Contract online at www.lfg.com/VAprospectus. You can also obtain information at no cost by contacting your financial professional or by sending an email request to CustServSupportTeam@lfg.com.
Appendix B - Investment Requirements: If you elect a Living Benefit Rider, you may be subject to the Investment Requirements outlined in the prospectus, according to which Living Benefit Rider you own. Please refer to your prospectus to determine if you are subject to Investment Requirements. The changes outlined below are effective on or about June 16, 2025, and are added to the existing Investment Requirements in your prospectus. All other provisions of Investment Requirements remain unchanged.

The following changes apply to Investment Requirements for Other Living Benefit Riders. If you elect i4LIFE® Advantage Select Guaranteed Income Benefit, Lincoln ProtectedPay Select Core® and Estate LockSM, Lincoln ProtectedPay Select Core®, Lincoln ProtectedPay Select Plus®, Lincoln ProtectedPay Select Max®, 4LATER® Select Advantage, or if you are transitioning to i4LIFE® Advantage Select Guaranteed Income Benefit from one of these riders (if applicable), the LVIP American Funds Vanguard Active Passive Growth Fund will be added to the list of funds in Group 2 and to the list of funds to which you must allocate 100% of your i4LIFE® Advantage Account Value. American Funds® IS U.S. Small and Mid Cap Equity Fund will be added to the list of funds in Group 2.

Please retain this supplement for future reference.
Lincoln National Variable Annuity Account H published this content on June 11, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on June 11, 2025 at 14:38 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io