# EDGAR Filing Document

**Accession Number:** 0001562577
**File Stem:** 0001562577-26-000157
**Filing Date:** 2026-4
**Character Count:** 48762
**Document Hash:** 3887faeac541e35afb296f62850ef4d1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001562577-26-000157.hdr.sgml**: 20260414

**ACCESSION NUMBER**: 0001562577-26-000157

**CONFORMED SUBMISSION TYPE**: 497VPU

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260414

**EFFECTIVENESS DATE**: 20260414

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MEMBERS Life Insurance Co
- **CENTRAL INDEX KEY:** 0001562577
- **STANDARD INDUSTRIAL CLASSIFICATION:** LIFE INSURANCE [6311]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 391236386
- **STATE OF INCORPORATION:** IA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497VPU
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-283638
- **FILM NUMBER:** 26859635

**BUSINESS ADDRESS:**
- **STREET 1:** 2000 HERITAGE WAY
- **CITY:** WAVERLY
- **STATE:** IA
- **ZIP:** 50677
- **BUSINESS PHONE:** 608.238.5851

**MAIL ADDRESS:**
- **STREET 1:** 5910 MINERAL POINT ROAD
- **CITY:** MADISON
- **STATE:** WI
- **ZIP:** 53705

## Series and Classes Contracts Data

### MEMBERS Life Insurance Co (Series ID: S000089882)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000257765 | TruStage ZoneChoice Advantage Annuity |  |

**TruStage**<sup>®</sup> **ZoneChoice Advantage Annuity**

**Issued by:**

**MEMBERS Life Insurance Company**

**UPDATING SUMMARY PROSPECTUS FOR EXISTING INVESTORS**

**DATED MAY 1, 2026**

This Updating Summary Prospectus summarizes key features of the TruStage<sup>®</sup> ZoneChoice Advantage

Annuity, an individual or joint owned, single purchase payment deferred index-linked annuity contract.

This prospectus also provides a summary of any Contract features that have changed.

The prospectus for the Contract contains more information about the Contract's features, benefits, and

risks. You can find this document and other information about the Contract online at https://

www.trustage.com/regulatory-documents. You can also obtain this information at no cost by calling

1-800-798-5500 or by emailing AnnuityAndPRTManagersMail@trustage.com.

Additional information about certain investment products, including index-linked annuities, has been

prepared by the Securities and Exchange Commission's staff and is available at investor.gov/.

**Neither the SEC nor any state securities commission has approved or disapproved of these** 

**securities or determined if this Prospectus is truthful or complete. Any representation to the** 

**contrary is a criminal offense.**

**TABLE OF CONTENTS**

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|:---|:---|
| **[GLOSSARY](#i09f7a7cb5fdd4e419842ca75a48cbf5f)** | **[2](#i09f7a7cb5fdd4e419842ca75a48cbf5f)** |
| **[UPDATED INFORMATION ABOUT YOUR CONTRACT](#i4f9d82bc3d69485c8199a79f76eae752)** | **[5](#i4f9d82bc3d69485c8199a79f76eae752)** |
| **[KEY INFORMATION](#i0397ef407e2140df8a4c6efef49c9ccb)** | **[6](#i0397ef407e2140df8a4c6efef49c9ccb)** |

---

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| | |
|:---|:---|
| **APPENDIX - ALLOCATION OPTIONS AVAILABLE UNDER THE CONTRACT** | **A-1** |

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**GLOSSARY**

**Accumulation Period.** The period of time that begins on the Contract Issue Date stated on the Data

Page and ends on the Income Payout Date or the date this Contract is terminated if earlier.

**Adjusted Index Return.** The Index Return for the current Interest Term adjusted for the Crediting

Strategy. This value is only calculated at the end of the Interest Term.

**Administrative Office.** MEMBERS Life Insurance Company, 2000 Heritage Way, Waverly, Iowa 50677.

Phone: 1-800-798-5500.

**Age.** Age as of last birthday.

**Allocation Options.** All available options under the Contract for allocating your Purchase Payment and

Contract Value.

**Annual Free Withdrawal Amount.** The amount that can be withdrawn each Contract Year without

incurring a Surrender Charge or Market Value Adjustment. For the first six Contract Years, it is equal to

10% of the Contract Value determined at the beginning of each Contract Year. Beginning on the sixth

Contract Anniversary, it is equal to 20% of the Contract Value determined at the beginning of each

Contract Year.

**Annuitant (Joint Annuitant).** The person(s) whose life (or lives) determines the income payment amount

payable under the Contract. If the Owner is a non-natural person, the Annuitant(s) is also the person(s)

whose death determines the Death Benefit.

**Authorized Request.** A signed and dated request that is in Good Order. Without limitation, any of the

following requests must be signed by all Owners and any assignee: transfer value, change a party to the

Contract, change the Income Payout Date, or make a partial withdrawal or full surrender of the Contract.

An Authorized Request may also include a phone, fax, or electronic request for specific transactions.

**Beneficiary (Beneficiaries).** The person(s) or entity(ies) who will receive the Death Benefit proceeds due

to the Owner's death, or in the case of a non-natural Owner, upon the death of the Annuitant.

**Boost**. The percentage added to an Index Return that is less than zero to determine the Adjusted Index

Return. It is also the minimum Adjusted Index Return when the Index Return is greater than or equal to

zero.

**Buffer.** The maximum amount of negative interest assumed by the Company for an Interest Term, and

any additional negative interest will be credited to the Risk Control Account.

**Business Day.** Any day that the New York Stock Exchange is open for trading. All requests for

transactions that are received at our Administrative Office in Good Order on any Business Day prior to

market close, generally 4:00 P.M. Eastern Time, will be processed as of the end of that Business Day.

**Cap Rate.** The maximum amount of interest the Company will credit to the Risk Control Account for an

Interest Term. If the Cap Rate is uncapped, the Cap Rate is not applied to the Crediting Strategy.

**Company.** MEMBERS Life Insurance Company; also referred to as "we", "our" and "us".

**Contract.** The TruStage<sup>®</sup> ZoneChoice Advantage Annuity, an individual or joint owned, single purchase

payment deferred index-linked annuity contract issued by MEMBERS Life Insurance Company.

**Contract Anniversary.** The same day and month as the Contract Issue Date for each year the Contract

remains in force.

**Contract Issue Date.** The day your Contract is issued. This date will be used to determine Contract

Years and Contract Anniversaries.

**Contract Value.** The total value of your Contract during the Accumulation Period. All values are

calculated as of the end of a Business Day.

**Contract Year.** Any twelve-month period beginning on the Contract Issue Date or Contract Anniversary

and ending one day before the next Contract Anniversary.

**Crediting Base.** The amount used to calculate the Risk Control Account Value. It is equal to the amount

allocated to a Risk Control Account at the start of the Interest Term, reduced proportionally for any

withdrawals, Flex Transfers, or Contract Value applied to an Income Payout Option.

**Crediting Strategy.** The method by which interest is calculated for an Allocation Option during the

Interest Term.

**Data Page.** Pages attached to your Contract that describe certain terms applicable to your specific

Contract.

**Death Benefit**. The amount the Beneficiary is entitled to upon the death of an Owner who is a natural

person or the death of an Annuitant if the Owner is a non-natural person.

**Dual Step Rate**. The percentage that equals the Adjusted Index Return when the Index Return is greater

than or equal to the applicable Buffer for the Crediting Strategy.

**Fixed Account.** An Allocation Option that is part of our General Account to which we credit a fixed annual

rate of interest referred to as the Fixed Interest Rate.

**Fixed Account Nonforfeiture Value**. The value used to determine the Fixed Account minimum values. It

applies to the Surrender Value, the entire Contract Value applied to an Income Payout Option, and Death

Benefit proceeds upon the death of an Owner during the Accumulation Period.

**Fixed Interest Rate**. The effective annual rate of interest credited to the Fixed Account. The Fixed

Interest Rate will never be less than 0.05%.

**Flex Transfer.** The voluntary transfer of some or all of the value in any Risk Control Account to the Fixed

Account prior to the end of the Interest Term.

**Floor.** The maximum amount of negative interest for an Interest Term used to determine the Adjusted

Index Return that may be credited to the Risk Control Account for an Interest Term.

**General Account.** All of the Company's assets other than the assets in its separate accounts.

**Good Order.** A request or transaction generally is considered in "Good Order" if we receive it at our

Administrative Office within the time limits, if any, prescribed in this Prospectus for a particular transaction

or instruction, it includes all information and supporting legal documentation necessary for us to execute

the requested instruction or transaction, and is signed by the individual or individuals authorized to

provide the instruction or engage in the transaction. A request or transaction may be rejected or delayed if

not in Good Order. This information and documentation necessary for a transaction or instruction

generally includes, to the extent applicable: the completed application or instruction form; your contract

number; the transaction amount (in dollars or percentage terms); the signatures of all Owners (exactly as

indicated on the Contract), if necessary; Social Security Number or Tax I.D.; and any other information or

supporting documentation that we may require, including any consents. With respect to the Purchase

Payment, Good Order also generally includes receipt by us of sufficient funds to affect the purchase. We

may, in our sole discretion, determine whether any particular transaction request is in Good Order, and we

reserve the right to change or waive any Good Order requirement at any time. If you have any questions,

you should contact us or your financial professional before submitting the form or request.

**Income Payout Date.** The date the first income payment is paid from the Contract to the Owner.

**Income Payout Option.** The choices available under the Contract for payout of your Contract Value.

**Index, Indices.** The reference index (or indices) that is a benchmark designed to track the performance

of a portfolio of securities and is used to determine the Index Return, Adjusted Index Return, and Interim

Value for a Crediting Strategy.

**Index Return**. The percentage change in the reference Index from the beginning of the Interest Term to

the end of the Interest Term.

**Index Value**. The closing value for the reference Index as of the end of a Business Day.

**Interest Term.** The period for which interest is calculated for an Allocation Option. The Interest Term may

vary by Allocation Option. Interest Terms will start and end on a Contract Anniversary, unless otherwise

specified.

**Interim Value.** The value for a Risk Control Account on any day other than the first and last Business Day

of an Interest Term.

**Internal Revenue Code (IRC)**. The Internal Revenue Code of 1986, as amended.

**Market Value Adjustment.** An adjustment (increase or decrease) that may be applied to a full surrender

or partial withdrawal prior to the end of the six-year rolling period that begins on the Contract Issue Date.

The Market Value Adjustment does not apply to transfers (including Flex Transfers) or to the Annual Free

Withdrawal Amount.

**Non-Qualified Contract**. An annuity contract that is independent of any formal retirement or pension

plan.

**Owner (Joint Owner).** The person(s) or entity who own(s) the Contract and has (have) all rights under

the Contract. Unless owned by a non-natural person, the Owner is also the person(s) whose death

determines the Death Benefit. The Owner is also referred to as "you" or "your".

**Participation Rate.** The percentage that may be applied to an Index Return to determine the Adjusted

Index Return. For any Risk Control Account with a Buffer or Floor, the percentage is applied to an Index

Return that is greater than zero. For any Risk Control Account with a Boost, the percentage is applied to

an Index Return that is greater than the Boost.

**Payout Period**. The period of time that begins on the Income Payout Date and continues until we make

the last payment as provided by the Income Payout Option chosen.

**Purchase Payment.** The amount paid to us, by or on behalf of an Owner, that is used to establish the

annuity on the Contract Issue Date. We do not allow any additional Purchase Payments.

**Qualified Contract**. An annuity that is part of an individual retirement plan, pension plan or employer-

sponsored retirement program that is qualified for special treatment under the Internal Revenue Code.

**Required Minimum Distributions (RMDs).** The required minimum distribution defined by section

401(a)(9) of the IRC for the Contract and as determined by us. RMDs only apply to Qualified Contracts.

**Risk Control Account.** An Allocation Option to which we credit interest based in part on the performance

of an Index, subject to the Crediting Strategy.

**Risk Control Account Value.** The portion of the Contract Value in a Risk Control Account.

**SEC.** The U.S. Securities and Exchange Commission.

**Spouse**. The person to whom you are legally married. The term Spouse includes the person with whom

you have entered into a legally-sanctioned marriage that grants you the rights, responsibilities, and

obligations married couples have in accordance with applicable state laws*.* Individuals who do not meet

the definition of Spouse may have adverse tax consequences when exercising provisions under this

Contract and any attached endorsements or riders. Additionally, individuals in other arrangements that are

not recognized as marriage under the relevant state law will not be treated as married or as Spouses as

defined in this Contract for federal tax purposes. Consult with a tax advisor for more information on this

subject and before exercising benefits under the contract and any attached endorsements or riders.

**Surrender Charge**. The charge associated with surrendering either some or all of the Contract Value.

**Surrender Value.** The amount you are entitled to receive if you elect to surrender this Contract during the

Accumulation Period.

**Valuation Period**. The period beginning at the close of one Business Day and continuing to the close of

the next succeeding Business Day.

**UPDATED INFORMATION ABOUT YOUR CONTRACT**

Below is a summary of certain Contract features that have changed since the prospectus dated May 1,

2025. This may not reflect all of the changes that have occurred since you entered into your Contract.

• **Floor with Participation Rate and Cap Rate Crediting Strategy.** We added new Risk Control

Accounts with a 0% Floor for six-year Interest Terms. These Risk Control Accounts are available

for three reference Indices.

• **Buffer with Participation Rate and Cap Rate Crediting Strategy:**

◦ We added -20% Buffer options to Risk Control Accounts with one-year Interest Terms.

These Risk Control Accounts are available for two reference Indices.

◦ We no longer offer this Crediting Strategy for the Barclays Risk Balanced Index.

• **Boost with Participation Rate and Cap Rate Crediting Strategy.** We no longer offer this

Crediting Strategy for the Barclays Risk Balanced Index.

The above changes were made effective May 1, 2026. Please refer to the Appendix for detailed

information regarding these Risk Control Accounts and their availability.

**KEY INFORMATION**

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|:---|:---|:---|
| **IMPORTANT INFORMATION YOU SHOULD CONSIDER** <br>**ABOUT THE TRUSTAGE**<sup>®</sup> **ZONECHOICE ADVANTAGE ANNUITY** | **IMPORTANT INFORMATION YOU SHOULD CONSIDER** <br>**ABOUT THE TRUSTAGE**<sup>®</sup> **ZONECHOICE ADVANTAGE ANNUITY** | **IMPORTANT INFORMATION YOU SHOULD CONSIDER** <br>**ABOUT THE TRUSTAGE**<sup>®</sup> **ZONECHOICE ADVANTAGE ANNUITY** |
| **FEES, EXPENSES, AND ADJUSTMENTS** | **FEES, EXPENSES, AND ADJUSTMENTS** | Location in <br>Prospectus<br>|
| **Are There Charges** <br>**or Adjustments for** <br>**Early** <br>**Withdrawals?**<br>| **Yes.** If you surrender your Contract or take a withdrawal during the <br>first six Contract Years, you may pay a Surrender Charge of up to <br>8% of the amount withdrawn that exceeds the Annual Free <br>Withdrawal Amount. For example, if you were to surrender your <br>Contract during the first Contract Year, you could pay a surrender <br>charge of up to $7,200 on a $100,000 investment. Your loss will be <br>greater if there is a negative Market Value Adjustment, negative <br>Interim Value adjustment, income taxes, or an additional tax. <br>If you surrender your Contract or take a withdrawal from any <br>Allocation Option at any time other than on or within 30 days after <br>each sixth Contract Anniversary, we will apply a Market Value <br>Adjustment (which may be positive or negative) to the amount <br>being withdrawn that exceeds the Annual Free Withdrawal Amount. <br>A negative Market Value Adjustment could significantly decrease <br>the amount you receive from a withdrawal or surrender. In extreme <br>circumstances, losses from the Market Value Adjustment could be <br>as high as 90% of your Contract Value ($90,000 of a $100,000 <br>investment).<br>For Contract Value allocated to a Risk Control Account, If you <br>surrender your Contract or take a withdrawal, make a Flex <br>Transfer, surrender your Contract, die, or begin Income Payout <br>Options, the amount withdrawn or transferred before the expiration <br>of an Interest Term is based on the Interim Value and will reduce <br>the Crediting Base proportionally. The Interim Value calculation <br>may reflect a positive or negative return that increases or <br>decreases the amount remaining in the Risk Control Account, <br>which could result in the loss of your principal and previously <br>credited interest. In extreme circumstances, losses from the Interim <br>Value calculation could be as high as 100% of your Risk Control <br>Account Value ($100,000 of a $100,000 investment).<br>The Floor, Buffer, and Boost do not limit losses from the Surrender <br>Charge, Market Value Adjustment, Interim Value calculation, <br>proportionate calculations, or taxes; however, full surrenders from <br>the Fixed Account are subject to the Fixed Account Nonforfeiture <br>Value. | Fee Table<br>Charges and <br>Adjustments<br>|
| **Are There** <br>**Transaction** <br>**Charges?**<br>| **No.** |  |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?**<br>| **Yes. There is an implicit ongoing fee on the Risk Control** <br>**Accounts to the extent that the Cap Rate, Participation Rate,** <br>**or Dual Step Rate limit your participation in Index gains.** <br>This means your returns may be lower than the Index's returns; <br>however, in exchange for accepting limits on Index gains, you <br>receive some protection from Index losses through the Floors, <br>Buffers, and Boosts. <br>Please refer to your Data Page for information about the specific <br>implicit fees you will pay each year based on the options you have <br>elected. | Fee Table<br>Charges and <br>Adjustments<br>|
| **RISKS** | **RISKS** | Location in <br>Prospectus<br>|

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| **Is There a Risk of** <br>**Loss from Poor** <br>**Performance?**<br>| **Yes.** You can lose money by investing in the Contract, including <br>loss of principal and previously credited interest, due to negative <br>Index performance. <br>There is a risk of loss of principal and previously credited interest of <br>up to the Floor (a maximum loss of 10% with a Floor of -10%) each <br>Interest Term due to negative Index performance.<br>There is a risk of loss of principal and previously credited interest of <br>up to the amount of any negative Index performance that exceeds <br>the Buffer (a maximum loss of 90% with a Buffer of -10%, if the <br>Index declines by 100%) each Interest Term due to negative Index <br>performance. <br>There is a risk of loss of principal and previously credited interest of <br>up to the amount of any negative Index performance that exceeds <br>the Boost (a maximum loss of 90% with a 10% Boost, if the Index <br>declines by 100%) each Interest Term due to negative Index <br>performance.<br>**The Fixed Account and a Risk Control Account with a 0%** <br>**Floor, a minimum 1% Cap Rate, and a minimum 100%** <br>**Participation Rate will always be available. However, we may** <br>**change or discontinue some or all of the other Allocation** <br>**Options; any remaining Allocation Options may have terms** <br>**that are unacceptable to you and may not provide any** <br>**protection from Index losses, which could result in the loss of** <br>**the entire amount of your Contract Value.**  | Principal <br>Risks of <br>Investing in <br>the Contract<br>|
| **Is this a Short-**<br>**Term Investment?**<br>| **No.** The Contract is not a short-term investment and is not <br>appropriate if you need ready access to cash. The benefits of tax <br>deferral mean that the Contract is more beneficial if you have a <br>long time horizon.<br>Withdrawals and surrenders may be subject to a Surrender Charge <br>and a Market Value Adjustment (which may be positive or negative) <br>to the extent they exceed the Annual Free Withdrawal Amount. All <br>withdrawals and surrenders from a Risk Control Account before the <br>end of an Interest Term are subject to the Interim Value calculation <br>(which may be positive or negative) and proportional adjustment of <br>the Crediting Base. Amounts withdrawn are also subject to federal <br>and state income taxes, and, if taken before age 59½, a 10% <br>additional tax. Withdrawals will also reduce the Death Benefit, <br>perhaps by significantly more than the amount of the withdrawal.<br>At least two weeks before the end of an Interest Term, you will be <br>notified of the available Allocation Options to which you may <br>transfer maturing Contract Value. The Risk Control Accounts <br>available to you and their terms (such as the Interest Term, Index, <br>and Crediting Strategies) may differ from what was previously <br>available. If we do not receive transfer instructions by Authorized <br>Request at least one Business Day before the end of the current <br>Interest Term, we will apply the maturing Contract Value to a new <br>Interest Term of the same Allocation Option. If the same Risk <br>Control Account is not available, we will apply the value to the <br>Fixed Account. Values applied to the Fixed Account may earn a <br>lower return than they would have earned in the discontinued Risk <br>Control Account. | Principal <br>Risks of <br>Investing in <br>the Contract<br>Charges and <br>Adjustments<br>Federal <br>Income Tax <br>Matters<br>|

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|:---|:---|:---|
| **What are the Risks** <br>**Associated with** <br>**the Allocation** <br>**Options?**<br>| An investment in the Contract is subject to the risk of poor <br>investment performance and can vary depending on the <br>performance of the Allocation Options available under the Contract. <br>Each Allocation Option, including the Risk Control Accounts and <br>the Fixed Account, has its own unique risks. You should review the <br>Allocation Options carefully before making an investment decision.<br>The Cap Rate, Participation Rate, and Dual Step Rate may limit <br>positive Index returns. For example, if the Index performance is <br>20%, and the Cap Rate or Dual Step Rate (as applicable) is 10%, <br>we will credit 10% in interest at the end of the Interest Term. If the <br>Index performance is 20%, and the Participation Rate is 10%, we <br>will credit 2% (10% of 20%) in interest at the end of the Interest <br>Term. You may earn less than the Index performance as a result. <br>The Floor, Buffer, and Boost will limit negative Index performance <br>and thereby provide limited protection in the case of a market <br>decline. For example, if the Index performance is -25% and the <br>Floor is -10%, we will credit -10% at the end of the Interest Term. If <br>the Index performance is -25% and the Buffer is -10%, we will <br>credit -15% at the end of the Interest Term. If the Index <br>performance is -25% and the Boost is 10%, we will credit -15% at <br>the end of the Interest Term.<br>Except for the Barclays Risk Balanced, each Index associated with <br>the Risk Control Accounts is a "price return index," which means <br>the Index performance does not include dividends paid on the <br>securities comprising the Index. This will reduce Index performance <br>and will cause the Index to underperform a direct investment in the <br>underlying securities. The Barclays Risk Balanced Index reinvests <br>dividends but deducts certain fees. These deductions will reduce <br>Index performance, and the Index will underperform similar <br>portfolios from which these fees and costs are not deducted. | Principal <br>Risks of <br>Investing in <br>the Contract<br>Risk Control <br>Account <br>Options<br>Appendix A<br>|
| **What Are the Risks** <br>**Related to the** <br>**Insurance** <br>**Company?**<br>| An investment in the Contract is subject to the risks related to the <br>Company. Any obligations (including under the Fixed Account and <br>the Risk Control Accounts), guarantees (such as the Death <br>Benefit), or benefits are subject to the Company's claims-paying <br>ability. More information about the Company, including its financial <br>strength ratings, is available upon request by calling <br>1-800-798-5500. | Principal <br>Risks of <br>Investing in <br>the Contract<br>|
| **RESTRICTIONS** | **RESTRICTIONS** | Location in <br>Prospectus<br>|
| **Are There** <br>**Restrictions on the** <br>**Allocation** <br>**Options?**<br>| **Yes**, as described below there are restrictions on certain features <br>of allocations, transfers, withdrawals, and Allocation Option <br>features. <br>The availability of Allocation Options, Contract benefits, and other <br>Contract features described in this Prospectus may vary by state <br>and depending on the broker-dealer through which the Contract is <br>sold.  | Appendix B |

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|:---|:---|:---|
|  | ***Allocation Timing.*** Each Allocation Option is available on the <br>Contract Issue Date and at the end of the Interest Term. For <br>example, after the Contract Issue Date, an Allocation Option with a <br>one-year Interest Term is available every Contract Anniversary, <br>whereas an Allocation Option with a six-year Interest Term is <br>available every sixth Contract Anniversary. If we add an Allocation <br>Option, you will not be able to allocate your Contract Value to the <br>new Allocation Option until the start of the next available Interest <br>Term for that Allocation Option. Additionally, the six-year Interest <br>Term is unavailable as a reallocation option if the Income Payout <br>Date is less than six years from the start of the Interest Term or if <br>the length of time until a termination date required by federal <br>regulation is less than six years from the start of the Interest Term. | Allocating <br>Your <br>Purchase <br>Payment<br>|
|  | ***Changes to Investment Options and Features.*** We set the Cap <br>Rate, Participation Rate, Dual Step Rate and/or Fixed Interest Rate <br>at the start of each Interest Term and guarantee them for the <br>duration of the Interest Term. We will notify you of any new rates at <br>least two weeks before the end of the current Interest Term.<br>During the life of your Contract, the Fixed Account and a Risk <br>Control Account with a 0% Floor, a minimum 1% Cap Rate, and a <br>minimum 100% Participation Rate will always be available. <br>**Otherwise, we may add, change, or discontinue Allocation** <br>**Options and Indices from time to time. The remaining** <br>**Allocation Options may have terms that are unacceptable to** <br>**you and may not provide any protection from Index losses,** <br>**which could result in the loss of the entire amount of your** <br>**Contract Value.** <br>If there is a delay between the date we remove an Index for a Risk <br>Control Account and the date we add a substitute Index, your Risk <br>Control Account Value will be based on the value of the Index on <br>the date the Index ceased to be available, which means market <br>changes during the delay will not be used to calculate the index <br>interest.<br>We may change, discontinue, or establish restrictions on Flex <br>Transfers, including limitations on the number, frequency, or <br>amount of Flex Transfers, at any time. | Risk Control <br>Account <br>Options<br>|
| **Are There any** <br>**Restrictions on** <br>**Contract Benefits?**<br>| **Yes.** Systematic Withdrawals may be taken on a monthly, <br>quarterly, semi-annual, or annual basis. The withdrawals must be <br>at least $100 each. There are additional limitations on the amounts <br>that you may request and the timing for requesting and terminating <br>Systematic Withdrawals. A Market Value Adjustment and Surrender <br>Charge may apply. | Benefits <br>Available <br>under the <br>Contract<br>|
| **TAXES** | **TAXES** | Location in <br>Prospectus<br>|
| **What Are the** <br>**Contract's Tax** <br>**Implications?**<br>| You should consult with a tax professional to determine the tax <br>implications of the Contract. There is no additional tax benefit if you <br>purchase the Contract through a qualified retirement plan or <br>individual retirement account (IRA). Withdrawals from the Contract <br>are subject to ordinary income tax, and may be subject to a 10% <br>additional tax if taken before age 59½. | Federal <br>Income Tax <br>Matters<br>|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** | Location in <br>Prospectus<br>|

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|:---|:---|:---|
| **How Are** <br>**Investment** <br>**Professionals** <br>**Compensated?**<br>| Some investment professionals (also referred to as "financial <br>professionals" in this prospectus) may receive compensation for <br>selling the Contract to you in the form of commissions or other <br>compensation. These other forms of compensation may include <br>cash bonuses, insurance benefits and financing arrangements. <br>Non-cash benefits may include conferences, seminars and trips <br>(including travel, lodging and meals in connection therewith), <br>entertainment, merchandise and other similar items. The Company <br>may also pay asset-based commissions (sometimes called trail <br>commissions) in addition to Purchase Payment-based <br>commissions. Investment professionals may also receive other <br>payments from us for services that do not directly involve the sale <br>of the Contracts, including personnel recruitment and training, <br>production of promotional literature and similar services. <br>As a result of these compensation arrangements, investment <br>professionals may have a financial incentive to offer or recommend <br>the Contract over another investment. You should ask your <br>investment professional for additional information about the <br>compensation he or she receives in connection with your purchase <br>of the Contract. | Other <br>Information - <br>Distribution <br>of the <br>Contract<br>|
| **Should I Exchange** <br>**My Contract?**<br>| You should only exchange your contract if you determine, after <br>comparing the features, fees, and risks of both contracts, and any <br>fees or penalties to terminate your existing contract, that it is better <br>for you to purchase the new contract rather than continue to own <br>your existing contract. Some investment professionals may have a <br>financial incentive to offer you a new contract in place of the one <br>you already own.  | Getting <br>Started - The <br>Accumulatio<br>n Period - <br>Tax Free <br>1035 <br>Exchanges<br>|

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**APPENDIX: ALLOCATION OPTIONS AVAILABLE UNDER THE CONTRACT**

**Note: If you surrender your Contract or take a withdrawal from any Allocation Option at any time** 

**other than on or within 30 days after each sixth Contract Anniversary, we will apply a Market** 

**Value Adjustment (which may be positive or negative) to the amount being surrendered or** 

**withdrawn that exceeds the Annual Free Withdrawal Amount. A negative Market Value Adjustment** 

**could significantly decrease the amount you receive from a withdrawal or surrender.**

**Risk Control Account Options**

The following is a list of the Risk Control Accounts currently available under the Contract. **The six-year** 

**Interest Term is unavailable as a reallocation option if the Income Payout Date is less than six** 

**years from the start of the Interest Term or if the length of time until a termination date required by** 

**federal regulation is less than six years from the start of the Interest Term.** 

We may change the features of the Risk Control Accounts listed below (including the Index, Floors, Cap

Rates, Participation Rates, Buffers, Boosts, and Dual Step Rates), offer new Risk Control Accounts, and

terminate existing Risk Control Accounts. If we add a Risk Control Account, you will not be able to

allocate your Contract Value to the new Risk Control Account until the start of the next available Interest

Term for that Risk Control Account. We will provide you with written notice before making any changes

other than changes to the current Cap Rates, Participation Rates, and Dual Step Rates. Information about

current Cap Rates, Participation Rates and Dual Step Rates is available at https://www.trustage.com/

zonechoice-advantage-annuity-rates.

**Note: For Contract Value allocated to a Risk Control Account, if you take a withdrawal, make a** 

**Flex Transfer, surrender your Contract, die, or begin Income Payout Options, the amount** 

**withdrawn or transferred before the expiration of an Interest Term is based on the Interim Value.** 

**This may result in a significant reduction in your Contract Value that could exceed any protection** 

**from Index loss that would be in place if you held the option until the end of the Interest Term.**

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| | | | | |
|:---|:---|:---|:---|:---|
| **RISK CONTROL ACCOUNT OPTIONS** | **RISK CONTROL ACCOUNT OPTIONS** | **RISK CONTROL ACCOUNT OPTIONS** | **RISK CONTROL ACCOUNT OPTIONS** | **RISK CONTROL ACCOUNT OPTIONS** |
| **Risk Control Account Crediting Strategy: Floor with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Floor with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Floor with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Floor with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Floor with Participation Rate and Cap Rate** |
| *Index*<sup>(1)</sup> | *Type of Index* | *Crediting* <br>*Period*<sup>(2)</sup><br>| *Limit on Index Loss (if* <br>*held to the end of the* <br>*Crediting Period)*<br>| *Minimum Limit on Index* <br>*Gain (for the Life of the* <br>*Risk Control Account)*<br>|
| S&P 500 <br>Index<br>| Stock market index based <br>on market capitalizations of <br>500 leading companies <br>publicly traded in the U.S. <br>stock market.<br>| 1-Year | Floor: 0% to -10%<br>in 1% increments<br>| •Minimum Cap Rate: 1%<br>•Minimum Participation <br>Rate: 100%<br>|
| Dimensional <br>US Small <br>Cap<br>Value <br>Systematic <br>Index<br>| Stock market index that <br>invests within the smallest <br>8% of the US market down <br>to $100 million in market <br>capitalization with relative <br>prices in the lowest 40% <br>when ranked by price to <br>book.<br>| 1-Year | Floor: 0% to -10%<br>in 1% increments<br>| •Minimum Cap Rate: 1%<br>•Minimum Participation <br>Rate: 100%<br>|

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| | | | | |
|:---|:---|:---|:---|:---|
| Barclays <br>Risk <br>Balanced <br>Index<br>| Allocates between equities <br>and fixed income using the <br>principles of Modern <br>Portfolio Theory, which <br>seeks to maximize the <br>expected return based on a <br>given level of market risk.<br>| 1-Year | Floor: 0% to -10%<br>in 1% increments<br>| •Minimum Cap Rate: 1%<br>•Minimum Participation <br>Rate: 100%<br>|
| S&P 500 <br>Index<br>| Stock market index based <br>on market capitalizations of <br>500 leading companies <br>publicly traded in the U.S. <br>stock market.<br>| 6-Year | Floor: 0% | •Minimum Cap Rate: 10%<br>•Minimum Participation <br>Rate: 10%<sup>(3)</sup><br>|
| Dimensional <br>US Small <br>Cap<br>Value <br>Systematic <br>Index<br>| Stock market index that <br>invests within the smallest <br>8% of the US market down <br>to $100 million in market <br>capitalization with relative <br>prices in the lowest 40% <br>when ranked by price to <br>book.<br>| 6-Year | Floor: 0% | •Minimum Cap Rate: 10%<br>•Minimum Participation <br>Rate: 10%<sup>(3)</sup><br>|
| Barclays <br>Risk <br>Balanced <br>Index<br>| Allocates between equities <br>and fixed income using the <br>principles of Modern <br>Portfolio Theory, which <br>seeks to maximize the <br>expected return based on a <br>given level of market risk.<br>| 6-Year | Floor: 0% | •Minimum Cap Rate: 10%<br>•Minimum Participation <br>Rate: 10%<sup>(3)</sup><br>|
| **Risk Control Account Crediting Strategy: Buffer with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Buffer with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Buffer with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Buffer with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Buffer with Participation Rate and Cap Rate** |
| *Index*<sup>(1)</sup> | *Type of Index* | *Crediting* <br>*Period*<sup>(2)</sup><br>| *Limit on Index Loss (if* <br>*held to the end of the* <br>*Crediting Period)*<br>| *Minimum Limit on Index* <br>*Gain (for the Life of the* <br>*Risk Control Account)*<br>|
| S&P 500 <br>Index<br>| Stock market index based <br>on market capitalizations of <br>500 leading companies <br>publicly traded in the U.S. <br>stock market.<br>| 1-Year | Buffer: <br>-10% and -20%<br>| •Minimum Cap Rate: 1%<br>•Minimum Participation <br>Rate: 100%<br>|
| Dimensional <br>US Small <br>Cap<br>Value <br>Systematic <br>Index<br>| Stock market index that <br>invests within the smallest <br>8% of the US market down <br>to $100 million in market <br>capitalization with relative <br>prices in the lowest 40% <br>when ranked by price to <br>book.<br>| 1-Year | Buffer: <br>-10% and -20%<br>| •Minimum Cap Rate: 1%<br>•Minimum Participation <br>Rate: 100%<br>|
| S&P 500 <br>Index<br>| Stock market index based <br>on market capitalizations of <br>500 leading companies <br>publicly traded in the U.S. <br>stock market.<br>| 6-Year | Buffer:<br>-10% and -20%<br>| •Minimum Cap Rate:10%<br>•Minimum Participation <br>Rate: 100%<br>|

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| | | | | |
|:---|:---|:---|:---|:---|
| Dimensional <br>US Small <br>Cap<br>Value <br>Systematic <br>Index<br>| Stock market index that <br>invests within the smallest <br>8% of the US market down <br>to $100 million in market <br>capitalization with relative <br>prices in the lowest 40% <br>when ranked by price to <br>book.<br>| 6-Year | Buffer: <br>-10% and -20%<br>| •Minimum Cap Rate:10%<br>•Minimum Participation <br>Rate: 100%<br>|
| **Risk Control Account Crediting Strategy: Boost with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Boost with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Boost with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Boost with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Boost with Participation Rate and Cap Rate** |
| *Index*<sup>(1)</sup> | *Type of Index* | *Crediting* <br>*Period*<sup>(2)</sup><br>| *Limit on Index Loss (if* <br>*held to the end of the* <br>*Crediting Period)*<br>| *Minimum Limit on Index* <br>*Gain (for the Life of the* <br>*Risk Control Account)*<br>|
| S&P 500 <br>Index<br>| Stock market index based <br>on market capitalizations of <br>500 leading companies <br>publicly traded in the U.S. <br>stock market.<br>| 6-Year | Boost: <br>10% and 20%<br>| •Minimum Cap Rate:10%<br>•Minimum Participation <br>Rate: 100%<br>|
| Dimensional <br>US Small <br>Cap<br>Value <br>Systematic <br>Index <br>| Stock market index that <br>invests within the smallest <br>8% of the US market down <br>to $100 million in market <br>capitalization with relative <br>prices in the lowest 40% <br>when ranked by price to <br>book.<br>| 6-Year | Boost: <br>10% and 20%<br>| •Minimum Cap Rate:10%<br>•Minimum Participation <br>Rate: 100%<br>|
| **Risk Control Account Crediting Strategy: Buffer with Dual Step Rate** | **Risk Control Account Crediting Strategy: Buffer with Dual Step Rate** | **Risk Control Account Crediting Strategy: Buffer with Dual Step Rate** | **Risk Control Account Crediting Strategy: Buffer with Dual Step Rate** | **Risk Control Account Crediting Strategy: Buffer with Dual Step Rate** |
| *Index*<sup>(1)</sup> | *Type of Index* | *Crediting* <br>*Period*<sup>(2)</sup><br>| *Limit on Index Loss (if* <br>*held to the end of the* <br>*Crediting Period)*<br>| *Minimum Limit on Index* <br>*Gain (for the Life of the* <br>*Risk Control Account)*<br>|
| S&P 500 <br>Index<br>| Stock market index based <br>on market capitalizations of <br>500 leading companies <br>publicly traded in the U.S. <br>stock market.<br>| 6-Year | Buffer: <br>-10% and -20%<br>| Dual Step Rate: 10% |

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<sup>(1)</sup> Except for the Barclays Risk Balanced, the performance of each Index associated with the Risk

Control Accounts does not include dividends paid on the securities comprising the Index, and

therefore, the performance of the Index does not reflect the full performance of those underlying

securities. This will reduce Index performance and will cause the Index to underperform a direct

investment in the underlying securities. The Barclays Risk Balanced Index reinvests dividends but

deducts a fee of 0.5% for the equity exposure, and 0.2% per year for the treasury exposure, and a

cost equal to SOFR plus 0.1145% for the equity component. Therefore, the aggregate fee will depend

on the Index's relative allocations to the equity and treasury components from time to time, which are

determined by the volatility control mechanism. SOFR refers to the Secured Overnight Financing

Rate, which was 3.87% as of December 31, 2025. The New York Fed publishes the SOFR on its

website each Business Day. These deductions will reduce Index performance, and the Index will

underperform similar portfolios from which these fees and costs are not deducted.

<sup>(2)</sup> We credit interest to each Risk Control Account at the end of each Interest Term by comparing the

change in the Index from the first day of the Interest Term to the last day of the Interest Term.

Because Index interest is calculated on a single point in time you may experience negative or flat

performance even though the Index experienced gains through some, or most, of the Interest Term.

<sup>(3)</sup> For Contracts issued on or before May 1, 2026, the minimum Participation Rate for this Risk Control

Account is 100%.

**During the life of your Contract, the Fixed Account and a Risk Control Account with a 0% Floor, a** 

**minimum 1% Cap Rate, and a minimum 100% Participation Rate will always be available.** 

**Otherwise, we may add, change, or discontinue Allocation Options and Indices from time to time.** 

**The remaining Allocation Options may have terms that are unacceptable to you and may not** 

**provide any protection from Index losses, which could result in the loss of the entire amount of** 

**your Contract Value.** 

We may not always make available Risk Control Accounts with Buffers or Boosts. However, if we offer

one or more Risk Control Accounts with Buffers, an option with a Buffer of -10% or more will be available.

If we offer one or more Risk Control Accounts with Boosts, an option with a Boost of 10% or more will be

available. To the extent we make available other Risk Control Accounts with Cap Rates, Participation

Rates, or Dual Step Rates, we will apply the following minimum guarantees:

• The Cap Rate for Risk Control Accounts with one-year Interest Terms will be at least 1%.

• The Cap Rate for Risk Control Accounts with six-year Interest Terms will be at least 10%.

• The Dual Step Rate for six-year Interest Terms will be at least 10%.

• For Contracts issued on or before May 1, 2026, the Participation Rate will be at least 100%.

• For Contracts issued after May 1, 2026, the Participation Rate will be at least 10%.

**Discontinued Risk Control Account Options**

Existing Contract owners may have allocated funds to additional Risk Control Accounts that have been

discontinued. Discontinued Risk Control Accounts are not available for new or existing Contracts for any

new Interest Term that begins after the date set forth in the table below. For existing Contracts, at the end

of the current Interest Term, any funds in a discontinued Risk Control Account will be transferred to the

Fixed Account unless the owner elects otherwise on or before the end of the current Interest Term. Values

applied to the Fixed Account may earn a lower return than they would have earned in the discontinued

Risk Control Account.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Risk Control Account Crediting Strategy: Buffer with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Buffer with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Buffer with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Buffer with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Buffer with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Buffer with Participation Rate and Cap Rate** |
| *Index* | *Type of* <br>*Index*<br>| *Crediting* <br>*Period*<br>| *Limit on Index Loss (if* <br>*held to the end of the* <br>*Crediting Period)*<br>| *Minimum Limit on Index* <br>*Gain (for the Life of the Risk* <br>*Control Account)*<br>| *Date* <br>*Discontinued*<br>|
| Barclays Risk <br>Balanced <br>Index<br>| See table <br>above.<br>| 6-Year | Buffer: <br>-10% and -20%<br>| •Minimum Cap Rate:10%<br>•Minimum Participation <br>Rate: 100%<br>| May 1, 2026 |
| **Risk Control Account Crediting Strategy: Boost with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Boost with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Boost with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Boost with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Boost with Participation Rate and Cap Rate** | **Risk Control Account Crediting Strategy: Boost with Participation Rate and Cap Rate** |
| *Index* | *Type of* <br>*Index*<br>| *Crediting* <br>*Period*<br>| *Limit on Index Loss (if* <br>*held to the end of the* <br>*Crediting Period)*<br>| *Minimum Limit on Index* <br>*Gain (for the Life of the Risk* <br>*Control Account)*<br>| *Date* <br>*Discontinued*<br>|
| Barclays Risk <br>Balanced <br>Index<br>| See table <br>above. <br>| 6-Year | Boost:<br>10% and 20%<br>| •Minimum Cap Rate:10%<br>•Minimum Participation <br>Rate: 100%<br>| May 1, 2026 |

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The following is a list of Fixed Account Options currently available under the Contract. We may change

the features of the Fixed Account Options listed below, offer new Fixed Account Options, and terminate

existing Fixed Account Options. We will provide you with written notice before doing so.

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| | |
|:---|:---|
| **Name** | **Term** |
| Fixed Account | 1 year<br>0.05%<sup>(1)</sup> |

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<sup>(1)</sup> Full withdrawals or full surrenders from the Fixed Account are subject to a minimum nonforfeiture

value.

The availability of Allocation Options may vary by state and depending on the broker-dealer through which

the Contract is sold.

This Updating Summary Prospectus incorporates by reference the Prospectus and Statement of

Additional Information for the Contract, both dated May 1, 2026, as supplemented. The SAI may be

obtained, free of charge, in the same manner as the Prospectus.

EDGAR Contract Identifier: C000261255