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 B Class

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

American Legacy^® Series, American Legacy^® Fusion, American Legacy^® Advisory

American Legacy Shareholder’s Advantage^®, American Legacy Shareholder’s Advantage^® A Class,

American Legacy^® Signature

Lincoln Life Variable Annuity Account N

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

Lincoln ChoicePlus Assurance^SM (A Share/A Class), Lincoln ChoicePlus Assurance^SM (B Class)

Lincoln ChoicePlus Assurance^SM (B Share), Lincoln ChoicePlus Assurance^SM (C Share)

Lincoln ChoicePlus Assurance^SM (L Share), Lincoln ChoicePlus^SM Design

Lincoln ChoicePlus Assurance^SM Series, Lincoln ChoicePlus Assurance^SM (Prime)

Lincoln ChoicePlus^SM Rollover, Lincoln ChoicePlus^SM Signature

Lincoln ChoicePlus^SM Fusion, Lincoln ChoicePlus^SM Advisory

Lincoln InvestmentSolutions^SM

Prospectus Supplement dated February 16, 2024 to the

Updating Summary Prospectus for Current Contractowners dated May 1, 2023

The purpose of this summary prospectus supplement is to re-state information that was communicated incorrectly in a previous supplement dated December 14, 2023.

OVERVIEW

For Lincoln Lifetime Income^SM Advantage 2.0 (Managed Risk) riders elected prior to May 21, 2018, and for all 4LATER^®Advantage (Managed Risk) riders, the current initial annual charge will be increased from 1.05% to 1.25% (single life option) and from 1.25% to 1.50% (joint life option). The fee increase will be effective beginning February 20, 2024, and will only be applicable: (a) if the Protected Income Base increases as a result of an Enhancement after the tenth Benefit Year anniversary; or (b) upon the earlier of (1) the next Account Value Step-up of the Protected income Base or (2) the next Benefit Year anniversary if cumulative Purchase Payments received after the first Benefit Year anniversary equal or exceed $100,000.

• Lincoln Lifetime Income^SM Advantage 2.0 (Managed Risk) riders elected prior to May 21, 2018;

• 4LATER^®Advantage (Managed Risk).

You may be able to opt out of the event that causes the fee increase by contacting us in writing or by telephone. Opt out details are discussed in your prospectus.

Please keep this supplement for future reference.