THE LINCOLN NATIONAL LIFE INSURANCE COMPANY

Lincoln National Variable Annuity Account E

The American Legacy^®

Lincoln National Variable Annuity Account H

American Legacy^® II, American Legacy^® III, American Legacy^® III C Share

American Legacy^® III View, American Legacy^® III Plus, American Legacy^® Design

American Legacy^® Series, American Legacy^® Signature

American Legacy^® Advisory, American Legacy Shareholder’s Advantage^®

Lincoln Life Variable Annuity Account N

ChoicePlus^SM Product Suite, ChoicePlus^SM II Product Suite

ChoicePlus Assurance^SM A Share, ChoicePlus Assurance^SM B Share

ChoicePlus Assurance^SM Bonus, ChoicePlus Assurance^SM C Share

ChoicePlus Assurance^SM L Share, ChoicePlus Assurance^SM Series

ChoicePlus Assurance^SM Prime, ChoicePlus^SM Design, ChoicePlus^SM Rollover

ChoicePlus^SM Signature, ChoicePlus^SM Advisory

Lincoln InvestmentSolutions^SM, Lincoln InvestmentSolutions^SM RIA

LINCOLN LIFE & ANNUITY COMPANY OF NEW YORK

Lincoln Life & Annuity Variable Annuity Account H

American Legacy^® III, American Legacy^® III C Share

American Legacy^® III View, American Legacy^® III Plus, American Legacy^® Design

American Legacy^® Series, American Legacy^® Signature

American Legacy^® Advisory, American Legacy Shareholder’s Advantage^®

Lincoln New York Account N for Variable Annuities

ChoicePlus^SM Product Suite, ChoicePlus^SM II Product Suite

ChoicePlus Assurance^SM A Share, ChoicePlus Assurance^SM B Share

ChoicePlus Assurance^SM Bonus, ChoicePlus Assurance^SM C Share

ChoicePlus Assurance^SM L Share, ChoicePlus Assurance^SM Series

ChoicePlus Assurance^SM Prime, ChoicePlus^SM Design, ChoicePlus^SM Signature

ChoicePlus^SM Advisory, InvestmentSolutions^SM

Supplement dated January 2, 2019 to the Prospectus dated May 1, 2018

This supplement provides information for contractowners who wish to elect i4LIFE^® Advantage Select Guaranteed Income Benefit. It is for informational purposes and requires no action on your part.

Beginning, February 19, 2019, a 4% Assumed Interest Rate (“AIR”) will be used to calculate the Regular Income Payments under i4LIFE^® Advantage Select Guaranteed Income Benefit. This AIR applies to new elections of Select Guaranteed Income Benefit. This means that while your initial Regular Income Payment will be higher, your subsequent Regular Income Payments may be lower, depending on your investment return.

Please retain this supplement for future reference.