EX-21 4 exhibit21-lnc.htm EX-21

|  |  |  | Exhibit 21
| Subsidiaries of Lincoln National Corporation
| As of December 31, 2024
|  | Organized Under Law of: |  | Ownership
| Lincoln National Corporation | Indiana |  | 100 | %
| First Penn-Pacific Life Insurance Company | Indiana |  | 100 | %
| Jefferson-Pilot Investments, Inc. | North Carolina |  | 100 | %
| Lincoln Financial Insurance Agency Incorporated | New Hampshire |  | 100 | %
| Lincoln Financial Limited Liability Company I | Delaware |  | 100 | %
| Lincoln Financial Reinsurance Company of Vermont | Vermont |  | 100 | %
| Lincoln Insurance Services Limited | England |  | 100 | %
| Lincoln SBP Trustee Limited | England |  | 100 | %
| Lincoln Investment Management Company | Delaware |  | 100 | %
| Lincoln National Management Corporation | Pennsylvania |  | 100 | %
| Lincoln National Reinsurance Company (Barbados) Limited | Barbados |  | 100 | %
| Lincoln Pinehurst Reinsurance Company (Bermuda) Limited | Bermuda |  | 100 | %
| The Lincoln National Life Insurance Company | Indiana |  | 100 | %
| LFD Insurance Agency, Limited Liability Company | Delaware |  | 100 | %
| Lincoln Assignment Corporation | Delaware |  | 100 | %
| Lincoln Financial Distributors, Inc. | Connecticut |  | 100 | %
| Lincoln Financial Investments Corporation | Tennessee |  | 100 | %
| Lincoln Investment Solutions, Inc. | Delaware |  | 100 | %
| Lincoln Life & Annuity Company of New York | New York |  | 100 | %
| Lincoln Reinsurance Company of South Carolina | South Carolina |  | 100 | %
| Lincoln Reinsurance Company of Vermont I | Vermont |  | 100 | %
| Lincoln Reinsurance Company of Vermont III | Vermont |  | 100 | %
| Lincoln Reinsurance Company of Vermont IV | Vermont |  | 100 | %
| Lincoln Reinsurance Company of Vermont V | Vermont |  | 100 | %
| Lincoln Reinsurance Company of Vermont VI | Vermont |  | 100 | %
| Lincoln Reinsurance Company of Vermont VII | Vermont |  | 100 | %
| Lincoln Retirement Services Company, LLC | Indiana |  | 100 | %
| Lincoln Financial Group Trust Company, Inc. | New Hampshire |  | 100 | %
| Westfield Assigned Benefits Company | Ohio |  | 100 | %
| Those subsidiaries not listed would not, in the aggregate, constitute a “significant subsidiary” of Lincoln National Corporation, as that term is defined in Rule 1-02(w) of Regulation S-X. |