# EDGAR Filing Document

**Accession Number:** 0001562577
**File Stem:** 0001562577-26-000136
**Filing Date:** 2026-4
**Character Count:** 656879
**Document Hash:** 105aafb9adeef08e67f4128af40f0168
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001562577-26-000136.hdr.sgml**: 20260414

**ACCESSION NUMBER**: 0001562577-26-000136

**CONFORMED SUBMISSION TYPE**: 485BPOS

**PUBLIC DOCUMENT COUNT**: 28

**FILED AS OF DATE**: 20260414

**EFFECTIVENESS DATE**: 20260501

**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:** 485BPOS
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-276157
- **FILM NUMBER:** 26859360

**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   |
|:---|:---|:---|
| C000256712 | TruStage Zone Income Annuity |  |

?xml version='1.0' encoding='ASCII'? ck0001562577-20260414

As filed with the Securities and Exchange Commission on April 14, 2026

Registration No. 333-276157

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM N-4**

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

Pre-Effective Amendment No. [ ]

Post-Effective Amendment No. 6 [X]

(Check appropriate box or boxes.)

-----------------------------------

**MEMBERS Life Insurance Company**

(Name of Insurance Company)

**2000 Heritage Way**

**Waverly, Iowa 50677**

(Address of Insurance Company's Principal Executive Offices) (Zip Code)

**(319) 352-4090**

(Insurance Company's Telephone Number, including Area Code)

**Britney Schnathorst, Esq.**

**MEMBERS Life Insurance Company**

**2000 Heritage Way**

**Waverly, Iowa 50677**

**(319) 352-4090**

(Name and Address of Agent for Service)

--------------------------------------------

**COPY TO:**

**Stephen E. Roth, Esq.**

**Thomas E. Bisset, Esq.**

**Eversheds Sutherland (US) LLP**

**700 Sixth Street, NW, Suite 700**

**Washington, DC 20001**

**(202) 383-0100**

**Approximate Date of Proposed Public Offering: As soon as possible after the effective date of this Registration Statement.** 

**It is proposed that this filing will become effective (check appropriate box):**

&nbsp;&nbsp;&nbsp;&nbsp;☐ Immediately upon filing pursuant to paragraph (b)

☒ On May 1, 2026 pursuant to paragraph (b)

&nbsp;&nbsp;&nbsp;&nbsp;☐ 60 days after filing pursuant to paragraph (a)(1)

&nbsp;&nbsp;&nbsp;&nbsp;☐ On (date) pursuant to paragraph (a)(1) of Rule 485 under the Securities Act of 1933 ("Securities Act").

**If appropriate, check the following box:**

&nbsp;&nbsp;&nbsp;&nbsp;☐ This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

**Check each box that appropriately characterizes the Registrant:** 

☐ New Registrant (as applicable, a Registered Separate Account or Insurance Company that has not filed a Securities Act registration statement

or amendment thereto within 3 years preceding this filing)

☐ Emerging Growth Company (as defined by Rule 12b-2 under the Securities Exchange Act of 1934 ("Exchange Act"))

☐ If an Emerging Growth Company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of Securities Act

☒ Insurance Company relying on Rule 12h-7 under the Exchange Act

☐ Smaller reporting company (as defined by Rule 12b-2 under the Exchange Act)

**Title of Securities Being Registered:** TruStage<sup>®</sup> Zone Income Annuity

------

**MEMBERS Life Insurance Company**

**SUPPLEMENT DATED MAY 1, 2026**

**to**

**TruStage**<sup>®</sup> **Zone Income Annuity**

**Prospectus Dated May 1, 2026**

This Rate Sheet Supplement (this "Supplement") updates the Base Withdrawal Percentages and Annual

Increase Percentages for the Guaranteed Lifetime Withdrawal Benefit (the "GLWB") under the TruStage<sup>®</sup>

Zone Income Annuity Contract (the "Contract"). Please read this Supplement carefully and retain it with

your Contract prospectus for future reference.

The below Base Withdrawal Percentages and Annual Increase Percentages for the GLWB are in effect for

new Contracts issued after December 10, 2022. Once your Contract and GLWB Rider are issued, the

Base Withdrawal Percentages and Annual Increase Percentages applicable to your Contract Issue Date

will not change for the life of your Contract.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Base Withdrawal Percentage** | **Base Withdrawal Percentage** | **Annual Increase Percentage** | **Annual Increase Percentage** |
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Single Life** | **Joint Life** | **Single Life** | **Joint Life** |
| **21 - 44** | 2.50% | 2.00% | 0.40% | 0.40%  |
| **45** | 3.50% | 3.00% | 0.40%  | 0.40%  |
| **46** | 3.65% | 3.15% | 0.40%  | 0.40%  |
| **47** | 3.80% | 3.30% | 0.40%  | 0.40%  |
| **48** | 3.95% | 3.45% | 0.40%  | 0.40%  |
| **49** | 4.10% | 3.60% | 0.40%  | 0.40%  |
| **50** | 4.25% | 3.75% | 0.40%  | 0.40%  |
| **51** | 4.40% | 3.90% | 0.40%  | 0.40%  |
| **52** | 4.55% | 4.05% | 0.40%  | 0.40%  |
| **53** | 4.70% | 4.20% | 0.40%  | 0.40%  |
| **54** | 4.85% | 4.35% | 0.40%  | 0.40%  |
| **55** | 5.00% | 4.50% | 0.40%  | 0.40%  |
| **56** | 5.10% | 4.60% | 0.40%  | 0.40%  |
| **57** | 5.20% | 4.70% | 0.40%  | 0.40%  |
| **58** | 5.30% | 4.80% | 0.40%  | 0.40%  |
| **59** | 5.40% | 4.90% | 0.40%  | 0.40%  |
| **60** | 5.50% | 5.00% | 0.40%  | 0.40%  |
| **61** | 5.65% | 5.15% | 0.40%  | 0.40%  |
| **62** | 5.80% | 5.30% | 0.40%  | 0.40%  |
| **63** | 5.95% | 5.45% | 0.40%  | 0.40%  |
| **64** | 6.10% | 5.60% | 0.40%  | 0.40%  |
| **65** | 6.25% | 5.75% | 0.40%  | 0.40%  |
| **66** | 6.30% | 5.80% | 0.40%  | 0.40%  |
| **67** | 6.35% | 5.85% | 0.40%  | 0.40%  |
| **68** | 6.40% | 5.90% | 0.40%  | 0.40%  |
| **69** | 6.45% | 5.95% | 0.40%  | 0.40%  |
| **70** | 6.50% | 6.00% | 0.40%  | 0.40%  |

---

---

| | | | |
|:---|:---|:---|:---|
| **71** | 6.60% | 6.10% | 0.40%  |
| **72** | 6.70% | 6.20% | 0.40%  |
| **73** | 6.80% | 6.30% | 0.40%  |
| **74** | 6.90% | 6.40% | 0.40% |
| **75** | 7.00% | 6.50% | 0.40% |
| **76** | 7.05% | 6.55% | 0.40% |
| **77** | 7.10% | 6.60% | 0.40% |
| **78** | 7.15% | 6.65% | 0.40% |
| **79** | 7.20% | 6.70% | 0.40% |
| **80+** | 7.25% | 6.75% | 0.40% |

---

**This Supplement has no specified end date. These rates are effective for new Contracts until** 

**superseded by a subsequent Rate Sheet Supplement. We will file a new Rate Sheet Supplement at** 

**least 10 Business Days before new Base Withdrawal Percentages and Annual Increase** 

**Percentages go into effect.**

Please refer to Appendix C of the prospectus for historical Base Withdrawal Percentages and Annual

Increase Percentages for prior Contract Issue Dates.

To confirm the most current percentages or if you have any questions, please work with your financial

professional; contact us at 2000 Heritage Way, Waverly, IA 50677 or by calling 1-800-798-5500; or go to

www.sec.gov under File No. 333-276157.

**TruStage**<sup>®</sup> **Zone Income Annuity**

**Issued by:**

**MEMBERS Life Insurance Company**

**2000 Heritage Way**

**Waverly, Iowa 50677**

**Telephone number: 800-798-5500**

**Offered Through: CUNA Brokerage Services, Inc.**

**DATED MAY 1, 2026**

This Prospectus describes the TruStage<sup>®</sup> Zone Income Annuity, an individual or joint owned, single

premium deferred modified guaranteed index annuity contract, issued by MEMBERS Life Insurance

Company.

You may purchase the Contract with a single Purchase Payment of at least $10,000. **We do not allow** 

**additional Purchase Payments**. **The Contract is a complex investment and involves risks,** 

**including potential loss of principal.** Please keep this Prospectus for future reference. This Prospectus

describes all material rights and obligations of Owners, including all state variations, and provides

important information you should know before investing. You should speak with a financial professional

about the Contract's features, benefits, risks, and fees, and whether it is appropriate for you based upon

your financial situation and objectives.

The Contract is designed for the Owner to take lifetime payments under the non-optional Guaranteed

Lifetime Withdrawal Benefit feature. Subject to certain conditions, this feature provides guaranteed

lifetime payments ("GLWB Payments") based on a single or joint percentage ("GLWB Percentage") of

your GLWB Benefit Base. We assess an annual fee for the Guaranteed Lifetime Withdrawal Benefit

described under "<u>[Charges and Adjustments - GLWB Rider Fee](#i388c1875ee1f40f5908b92f7a61d79b1_2368)</u>." The GLWB Payments are guaranteed

regardless of investment performance and will continue even if Contract Value is reduced to zero from

GLWB Payments. Withdrawals other than GLWB Payments ("Excess Withdrawals") reduce the Death

Benefit, GLWB Benefit Base, and GLWB Payment, perhaps significantly, and could terminate the

Contract. The GLWB Payment is a withdrawal of your own Contract Value unless the Contract Value is

reduced to zero. **The probability of you outliving your Contract Value and receiving GLWB** 

**Payments from our General Account may be minimal.** Due to the Guaranteed Lifetime Withdrawal

Benefit feature, this Contract may not be appropriate for investors who are only interested in maximizing

long-term accumulation. The Contract also offers standard annuity features including multiple fixed

annuitization options.

You may allocate your Contract Value among index-linked Allocation Options ("Risk Control Accounts")

and a guaranteed interest rate Allocation Option ("Declared Rate Account") for accumulation and long-

term investment purposes. The availability of Allocation Options, Contract benefits, and other Contract

features described in this Prospectus may vary by state and depending on the broker-dealer through

which the Contract is sold. **Please refer to <u>[Appendix A](#i388c1875ee1f40f5908b92f7a61d79b1_2487)</u> for more information about investment** 

**options and <u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u> for information about state and financial intermediary variations.**You can

reallocate your Contract Value among Allocation Options each Contract Anniversary as part of automatic

rebalancing. The Risk Control Accounts available to you and their terms may differ from what was

previously available.

We credit interest daily to the **Declared Rate Account** based on a fixed annual interest rate. For

Contracts issued before May 25, 2024, the Interest Rate is guaranteed for six years. For Contracts issued

on or after May 25, 2024, the Interest Rate is guaranteed for one year. The Interest Rate will never be

below the Minimum Interest Rate.

We credit interest to the **Risk Control Accounts** at the end of each Contract Year based in part on the

performance of an external Index by comparing the change in the Index from each Contract Anniversary

(the first day of the Contract Year) to the last day of the Contract Year ("Index Return"). When funds are

withdrawn from a Risk Control Account prior to the Contract Anniversary for a surrender, partial

withdrawal, annuitization, GLWB Payments or Death Benefit payment, Index interest is calculated up to

the date of the withdrawal. For Contracts issued before May 25, 2024, we currently offer the following

reference indices: the S&P 500 Price Return Index ("S&P 500"), the Russell 2000 Price Return Index

("Russell 2000"), and the MSCI EAFE Price Return Index ("MSCI EAFE"). For Contracts issued on or

after May 25, 2024, we currently offer the following reference indices: the S&P 500, the Dimensional US

Small Cap Value Systematic Index ("Dimensional US Small Cap Value Systematic"), the MSCI EAFE, and

the Barclays Risk Balanced Index ("Barclays Risk Balanced"). **It is possible that you will not earn any** 

**interest in a Risk Control Account or that we may credit negative interest to the Growth Account.** 

We charge an annual Contract Fee on amounts allocated to the Risk Control Accounts.

Each Risk Control Account has two investment options, a **Secure Account** and a **Growth Account**,

which have different Floors and Caps. The Floors may provide protection by limiting the amount of

negative interest credited to you from negative Index performance, but the Caps may limit the

amount of interest you can earn from positive Index performance.

• The **Floor** is the maximum amount of negative Index interest that we will credit you at the end

of a Contract Year. Negative Index performance will reduce your Risk Control Account Value

by up to the amount of the Floor. The Secure Account provides the most protection from

negative investment performance. The Secure Account has a Floor of 0%, which means that

negative Index performance will not reduce your Risk Control Account Value. The Growth

Account has a Floor of -10%, which means that negative Index performance could reduce

your Risk Control Account Value by up to 10% each year. The Floor rate will not change

during the life of your Contract. **There is a risk of loss of principal and previously credited** 

**interest with the Growth Account of up to 10% (with a Floor of -10%) each Contract Year** 

**due to negative Index performance. The Floor does not limit losses from the Contract** 

**Fee, GLWB Rider Fee, Surrender Charge, Market Value Adjustment, or taxes.**

• The **Cap** is the maximum amount of positive Index interest that we will credit you at the end of a

Contract Year. Positive Index performance will increase your Risk Control Account Value by up to

the amount of the Cap. In return for accepting some risk of loss to your Risk Control Account

Value allocated to the Growth Account, the Cap for the Growth Account is higher than the Cap for

the Secure Account. This allows for the potential for greater increases to Risk Control Account

Value allocated to the Growth Account. On the first Contract Anniversary and each subsequent

Contract Anniversary, we set the Cap, which we guarantee for the next Contract Year. **The Cap** 

**will never be less than 1%. With the Cap, you may receive only a portion of any positive** 

**Index performance.**

During the life of your Contract, an Allocation Option with a Floor of 0% will always be available, and we

will continue to make a Secure Account and Growth Account option available for each Risk Control

Account that is available to you. 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.

**The Contract is not a short-term investment and is not appropriate if you need ready access to** 

**cash. Surrender Charges, Market Value Adjustments, the GLWB Rider Fee, proportional** 

**calculations, income taxes, and additional taxes may result in the loss of your principal and** 

**previously credited interest.**

• If you surrender your Contract or take an Excess Withdrawal during the first six Contract Years,

you may pay a **Surrender Charge** of up to 9% (up to 8% for Contracts issued on or after May 25,

2024) of the amount being withdrawn that exceeds the Annual Free Withdrawal Amount.

• During the Accumulation Period, if you surrender your Contract or take an Excess Withdrawal

from any Allocation Option on any day other than every sixth Contract Anniversary, we will apply a

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

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

**significantly decrease the amount you receive upon surrender or partial withdrawal. It is** 

**possible in extreme circumstances to lose up to 90% of your principal and previously** 

**credited interest per year due to the Market Value Adjustment.**

**•** Only the Contract Value remaining after the withdrawal will be credited interest, positive or

negative, in the future.

• Excess Withdrawals reduce the GLWB Benefit Base, which is used to determine the GLWB

Payment, and the Purchase Payment, which is used to determine the Death Benefit, by the ratio

of the withdrawal (including any Surrender Charge and Market Value Adjustment) to the Contract

Value immediately prior to the withdrawal. **These proportional reductions may be** 

**substantially more than the withdrawal amount, and any resulting decreases to the GLWB** 

**Payment and Death Benefit could be significant and could terminate the Guaranteed** 

**Lifetime Withdrawal Benefit and the Contract.**

• Withdrawals and surrenders are subject to federal income taxes and may be subject to a 10%

additional tax if taken before age 59½.

• **Although the Contract permits systematic withdrawals (including for Required Minimum** 

**Distributions under the Internal Revenue Code), these withdrawals may have an adverse** 

**effect on your values under the Contract. If you intend to make ongoing withdrawals, you** 

**should consult a financial professional to determine whether the Contract is appropriate** 

**for you.**

**The Contract is a security. It involves investment risk and other risks and may lose value.** For

additional information on risks associated with the Contract, see "<u>[Principal Risks of Investing in the](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u> 

<u>[Contract](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u>" on Page <u>[17](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u>. The guarantees in this Contract are subject to the Company's financial strength

and claims-paying ability.

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/.

**The Contract or certain Allocation Options may not be available in all states. This Prospectus** 

**does not constitute an offer to sell any Contract and it is not soliciting an offer to buy any** 

**Contract in any state in which the offer or sale is not permitted. We do not authorize anyone to** 

**provide any information or representations regarding the offering described in this Prospectus** 

**other than the information and representations contained in this Prospectus.**

**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. The Contracts are not insured by the Federal Deposit Insurance** 

**Corporation or any other government agency. They are not deposits or other obligations of any** 

**bank and are not bank guaranteed. They are subject to investment risks and possible loss of** 

**principal and previously credited interest.**

**If you are a new investor in the Contract, you may cancel your Contract within 10 days of receiving** 

**it without paying fees or penalties. In some states, this cancellation period may be longer. Upon** 

**cancellation, you will receive either a full refund of the amount you paid with your application (less** 

**any withdrawals) or your total Contract Value, depending on the state in which your Contract was** 

**issued. You should review this prospectus, or consult with your investment professional, for** 

**additional information about the specific cancellation terms that apply.**

i

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| **[GLOSSARY](#i3030a16fb86c498387aa77ebf8b43cb0) ...............................................................................................................................................** | **[1](#i3030a16fb86c498387aa77ebf8b43cb0)** |
| **[OVERVIEW OF THE CONTRACT](#ie532b57787e64d5d9dea0deb49e5d330) .........................................................................................................** | **[5](#ie532b57787e64d5d9dea0deb49e5d330)** |
| [Purpose](#ic32539dd93014f8a8e9983297b61b07a) .................................................................................................................................................. | [5](#ic32539dd93014f8a8e9983297b61b07a) |
| [Purchase and Contract Periods](#if5839354e66340c3a019aa65a622097c) ......................................................................................................... | [5](#if5839354e66340c3a019aa65a622097c) |
| [Allocation Options](#i4b8be998499a4d72861fcbe9438a798e) ................................................................................................................................ | [5](#i4b8be998499a4d72861fcbe9438a798e) |
| [Withdrawal Options and Market Value Adjustment](#i60e6be60202d4837aef3caa5215ed857) ......................................................................... | [8](#i60e6be60202d4837aef3caa5215ed857) |
| [Guaranteed Lifetime Withdrawal Benefit](#ic44bf8400a134d07bd8517ce76ed98b7) .......................................................................................... | [9](#ic44bf8400a134d07bd8517ce76ed98b7) |
| [Other Contract Features](#i0d7f47b3c5e3431f89c73886ac72b349) ..................................................................................................................... | [10](#i0d7f47b3c5e3431f89c73886ac72b349) |
| **[KEY INFORMATION](#ieb846de067fa4aa4855c43299829b052) ................................................................................................................................** | **[11](#ieb846de067fa4aa4855c43299829b052)** |
| **[FEE TABLE](#i223671ef31e342e89ff12051d9a6b61f) ................................................................................................................................................** | **[16](#i223671ef31e342e89ff12051d9a6b61f)** |
| **[PRINCIPAL RISKS OF INVESTING IN THE CONTRACT](#ie632a2edf82a4e28a8b0d1ea2f76ceb9) ................................................................** | **[17](#ie632a2edf82a4e28a8b0d1ea2f76ceb9)** |
| **[THE INSURANCE COMPANY AND SEPARATE ACCOUNTS](#i5fcb113eb5ee4865bb3a06694000a959) .......................................................** | **[22](#i5fcb113eb5ee4865bb3a06694000a959)** |
| [MEMBERS Life Insurance Company](#i11995ac54947442fb74b47bef14eea92) ................................................................................................ | [22](#i11995ac54947442fb74b47bef14eea92) |
| [The Declared Rate Separate Account](#i6cc11cbf4f13416d99b331514e16f1bc) .............................................................................................. | [23](#i6cc11cbf4f13416d99b331514e16f1bc) |
| [The Risk Control Separate Account](#i15f634c0765948ea9f1c4fe79462ee00) .................................................................................................. | [23](#i15f634c0765948ea9f1c4fe79462ee00) |
| **[GETTING STARTED - THE ACCUMULATION PERIOD](#i49ea10643b424a7a81fba8aac4909a14) ..................................................................** | **[23](#i49ea10643b424a7a81fba8aac4909a14)** |
| [Purchasing a Contract](#i86c19d5521794f2f8afe6cbfa6156110) ......................................................................................................................... | [23](#i86c19d5521794f2f8afe6cbfa6156110) |
| [Tax-Free Section 1035 Exchanges](#ib5f5aa3b1e814fc98611c89705becb5f) ................................................................................................... | [24](#ib5f5aa3b1e814fc98611c89705becb5f) |
| [Owner](#i15c38b1971424e95b83dbeaf7894f82e) ..................................................................................................................................................... | [24](#i15c38b1971424e95b83dbeaf7894f82e) |
| [Divorce](#i5e35be1f662145fc94eaf28e04fb81f5) ................................................................................................................................................... | [25](#i5e35be1f662145fc94eaf28e04fb81f5) |
| [Annuitant](#i901b6240cc434456b5fb171d58f27ecd) ................................................................................................................................................ | [25](#i901b6240cc434456b5fb171d58f27ecd) |
| [Covered Person](#iee5e25536a634785ae3a237ed241acc0) .................................................................................................................................... | [25](#iee5e25536a634785ae3a237ed241acc0) |
| [Beneficiary](#i622d917f8b3c4f23b2d1dcb893984416) ............................................................................................................................................. | [26](#i622d917f8b3c4f23b2d1dcb893984416) |
| [Right to Examine](#idf2ebcc62aee45e7ade9ae9565809af7) .................................................................................................................................. | [27](#idf2ebcc62aee45e7ade9ae9565809af7) |
| **[ALLOCATING YOUR PURCHASE PAYMENT](#i29690bf1ada94a3db217e5dee5270e99) ...................................................................................** | **[27](#i29690bf1ada94a3db217e5dee5270e99)** |
| [Purchase Payment](#icbb59fa6f23e4c4b95b39cbf0e5ecb22) ............................................................................................................................... | [27](#icbb59fa6f23e4c4b95b39cbf0e5ecb22) |
| [Allocation Options](#i750fd1ee9fd545d795dcbaebcb504f9a) ................................................................................................................................ | [28](#i750fd1ee9fd545d795dcbaebcb504f9a) |
| [Reallocations - Automatic Rebalance Program](#i8cebc2f9b5d34f36a1b64246c26afeab) ............................................................................... | [29](#i8cebc2f9b5d34f36a1b64246c26afeab) |
| **[DECLARED RATE ACCOUNT OPTION](#i8b0f08a24618451792e67d0df4f0317d) ..............................................................................................** | **[30](#i8b0f08a24618451792e67d0df4f0317d)** |
| **[RISK CONTROL ACCOUNT OPTION](#i3fd17d87e0a54061927cd586b34f7e5d) ..................................................................................................** | **[31](#i3fd17d87e0a54061927cd586b34f7e5d)** |
| [Risk Control Account Period and Crediting Interest](#ie9311f2848dc4d85baa8c119445bcd8e) ....................................................................... | [31](#ie9311f2848dc4d85baa8c119445bcd8e) |
| [The Indices](#i26f9bf750292403d866478c73c944dbd) ............................................................................................................................................ | [31](#i26f9bf750292403d866478c73c944dbd) |
| [Limits on Index Losses and Gains](#i5a68f7e6031f41caaba4851f19cf553e) .................................................................................................... | [32](#i5a68f7e6031f41caaba4851f19cf553e) |
| [Index Annual Return Examples](#i14249768110440e993b80358e3930d07) .......................................................................................................... | [33](#i14249768110440e993b80358e3930d07) |
| [Bailout Provision](#i301227f20e9d432f98944b1899ee3587) .................................................................................................................................. | [36](#i301227f20e9d432f98944b1899ee3587) |
| [Risk Control Account and Index Changes](#ia01c61334aa54534860c1681379552bb) ...................................................................................... | [37](#ia01c61334aa54534860c1681379552bb) |
| **[CONTRACT VALUE](#ia643ff2a5bba4e1693e0d9d3ffae9efa) .................................................................................................................................** | **[38](#ia643ff2a5bba4e1693e0d9d3ffae9efa)** |
| [Declared Rate Account Value](#i18a1dd84e35f48b4b2ae6835f88ea851) ............................................................................................................. | [38](#i18a1dd84e35f48b4b2ae6835f88ea851) |
| [Risk Control Account Value](#ie5ab6889a797459b9d43e2673a950fd3) ................................................................................................................ | [38](#ie5ab6889a797459b9d43e2673a950fd3) |
| **[CHARGES AND ADJUSTMENTS](#i3fd381329c764fd19218f1c36d227d35) .........................................................................................................** | **[45](#i3fd381329c764fd19218f1c36d227d35)** |
| [Contract Fee](#i0eb662f3b15e4500a364f8c67a259418) ......................................................................................................................................... | [45](#i0eb662f3b15e4500a364f8c67a259418) |
| [GLWB Rider Fee](#ib833cd6b622145018af7530693123967) .................................................................................................................................. | [45](#ib833cd6b622145018af7530693123967) |
| [Surrender Charge](#id85bdb7191c446aa91a79f736fcb784b) ................................................................................................................................ | [46](#id85bdb7191c446aa91a79f736fcb784b) |
| [Market Value Adjustment](#i008801a1db484fc3a35ba9850a9b7ff3) .................................................................................................................... | [47](#i008801a1db484fc3a35ba9850a9b7ff3) |
| [Premium Taxes](#id41a721276594dc4bb06bec725fdaa6f) ..................................................................................................................................... | [48](#id41a721276594dc4bb06bec725fdaa6f) |
| [Other Information](#id8ea0b61edcb42ebae4e7ff6c8763979) ................................................................................................................................. | [48](#id8ea0b61edcb42ebae4e7ff6c8763979) |

---

---

| | |
|:---|:---|
| **[ACCESS TO YOUR MONEY](#i9ae4badeaf93404eabf1c94c99276185) ..................................................................................................................** | **[49](#i9ae4badeaf93404eabf1c94c99276185)** |
| [Partial Withdrawals](#i252bcf5ecd8c4dd79ee7976eff3cb58e) ............................................................................................................................. | [49](#i252bcf5ecd8c4dd79ee7976eff3cb58e) |
| [Systematic Withdrawals](#i70c31f2ca2294c319b26c45396c3e952) ...................................................................................................................... | [49](#i70c31f2ca2294c319b26c45396c3e952) |
| [Surrenders](#ia7a81642a9bf4c939186eb64001127f7) ............................................................................................................................................. | [50](#ia7a81642a9bf4c939186eb64001127f7) |
| [Annual Free Withdrawal Amount](#ibe5a4a5be5fb4a7e95ec37887cdd2421) ....................................................................................................... | [50](#ibe5a4a5be5fb4a7e95ec37887cdd2421) |
| [Partial Withdrawal and Surrender Restrictions](#icccfc433427b4a91a3b31e3aca0e3493) ................................................................................ | [50](#icccfc433427b4a91a3b31e3aca0e3493) |
| [Right to Defer Payments](#if8a6532f16294f6994c9300981b4146c) ..................................................................................................................... | [50](#if8a6532f16294f6994c9300981b4146c) |
| **[GUARANTEED LIFETIME WITHDRAWAL BENEFIT](#i6641baa05cff469ebf560751560cbefb) .......................................................................** | **[51](#i6641baa05cff469ebf560751560cbefb)** |
| [GLWB Rider Fee](#i3b2b1f3aa0ba4413b8ef15c1755a5464) .................................................................................................................................. | [51](#i3b2b1f3aa0ba4413b8ef15c1755a5464) |
| [Termination of the Guaranteed Lifetime Withdrawal Benefit](#ia6951486386e4a3bb2c42195e1d8fdec) ......................................................... | [51](#ia6951486386e4a3bb2c42195e1d8fdec) |
| [Changes to the Covered Person(s)](#ib408bab7c8f44fe8835e861a2407f0bb) ................................................................................................... | [51](#ib408bab7c8f44fe8835e861a2407f0bb) |
| [GLWB Payments](#ia1ef22c89744493cafc20859109d046c) .................................................................................................................................. | [52](#ia1ef22c89744493cafc20859109d046c) |
| [Treatment of GLWB Payment Withdrawals](#i75129df091c54fcb9b05e827ad571211) ...................................................................................... | [54](#i75129df091c54fcb9b05e827ad571211) |
| [Impact of Excess Withdrawals on the GLWB Payment](#i26dcaab43c904ee8880e66eea88ce34a) ................................................................. | [54](#i26dcaab43c904ee8880e66eea88ce34a) |
| [Required Minimum Distribution Withdrawals](#i75be3615e1c74e61ac34e8324cd36315) ................................................................................... | [55](#i75be3615e1c74e61ac34e8324cd36315) |
| [Spousal Continuation of the Guaranteed Lifetime Withdrawal Benefit](#i84ea2c48dcc94ef69a43aaea779d345f) ........................................ | [56](#i84ea2c48dcc94ef69a43aaea779d345f) |
| **[BENEFITS AVAILABLE UNDER THE CONTRACT](#ia146c28a50de40fab269cd9d991bf6a0) ..........................................................................** | **[57](#ia146c28a50de40fab269cd9d991bf6a0)** |
| [Guaranteed Lifetime Withdrawal Benefit](#iaf60cedc406d4655a3832043ebd666ab) .......................................................................................... | [57](#iaf60cedc406d4655a3832043ebd666ab) |
| [Death Benefit](#i91f43da42cda48d49ad9a50b6cea0598) ........................................................................................................................................ | [57](#i91f43da42cda48d49ad9a50b6cea0598) |
| [Automatic Rebalance Program](#i8a13b0aab18e490b960146db2658a236) .......................................................................................................... | [62](#i8a13b0aab18e490b960146db2658a236) |
| [Systematic Withdrawals](#idc75a7a4c4544873a821ca6b41922bb7) ...................................................................................................................... | [62](#idc75a7a4c4544873a821ca6b41922bb7) |
| **[INCOME PAYMENTS - THE PAYOUT PERIOD](#ia9c7360ec214489f978e90d514cddc74) .................................................................................** | **[64](#ia9c7360ec214489f978e90d514cddc74)** |
| [Payout Date](#ic7c97b0335aa49269fe14760bc2ec789) .......................................................................................................................................... | [64](#ic7c97b0335aa49269fe14760bc2ec789) |
| [Payout Period](#i6be3e08a58e740399a6a3deb0ffa59ff) ....................................................................................................................................... | [65](#i6be3e08a58e740399a6a3deb0ffa59ff) |
| [Terms of Income Payments](#i5f2a3189c3a14756a2225e7acd864b4f) ................................................................................................................ | [65](#i5f2a3189c3a14756a2225e7acd864b4f) |
| [Electing an Income Payout Option](#if98a5b2247e34394b6175334eab722c0) .................................................................................................... | [65](#if98a5b2247e34394b6175334eab722c0) |
| [Income Payout Options](#i2fde72639c5448a6876a9d27e5d7604c) ....................................................................................................................... | [65](#i2fde72639c5448a6876a9d27e5d7604c) |
| **[FEDERAL INCOME TAX MATTERS](#ia8e0877859d24916a1bbef32f9fe9c1a) ....................................................................................................** | **[67](#ia8e0877859d24916a1bbef32f9fe9c1a)** |
| **[OTHER INFORMATION](#if8b2de6a492d47baaed413abea5e4448) ...........................................................................................................................** | **[73](#if8b2de6a492d47baaed413abea5e4448)** |
| [Important Information about the Indices](#i547ede85d7b4413999394bbab237aabe) ........................................................................................... | [73](#i547ede85d7b4413999394bbab237aabe) |
| [Distribution of the Contract](#i468c8502a2fb4df4a05e7ba8945ebf7d) ................................................................................................................. | [77](#i468c8502a2fb4df4a05e7ba8945ebf7d) |
| [Authority to Change](#i533e9a2eb7a24ce8b8acced8b4f955f6) ............................................................................................................................. | [78](#i533e9a2eb7a24ce8b8acced8b4f955f6) |
| [Incontestability](#i6a8f7fdc840040b48d4a3aff67d41f1c) ...................................................................................................................................... | [78](#i6a8f7fdc840040b48d4a3aff67d41f1c) |
| [Misstatement of Age or Gender](#ic67437650cdc4a8dad9b98c40e95cf76) ......................................................................................................... | [78](#ic67437650cdc4a8dad9b98c40e95cf76) |
| [Conformity with Applicable Laws](#iaf7ca318e80141409e13f3acce6fd87c) ....................................................................................................... | [79](#iaf7ca318e80141409e13f3acce6fd87c) |
| [Reports to Owners](#i36c36952a06a463899e502378a13f250) ............................................................................................................................... | [79](#i36c36952a06a463899e502378a13f250) |
| [Householding](#i02cbae8163cb449baea86ce2a3a10bea) ........................................................................................................................................ | [79](#i02cbae8163cb449baea86ce2a3a10bea) |
| [Change of Address](#i55dd42547843486f830b366d2e8bd23f) .............................................................................................................................. | [79](#i55dd42547843486f830b366d2e8bd23f) |
| [Inquiries](#idc6888ac700d4432a9da68cdfbe982be) ................................................................................................................................................. | [79](#idc6888ac700d4432a9da68cdfbe982be) |
| [Legal Proceedings](#if6a6b5a71842473cba2b8cf31aee7fc0) ............................................................................................................................... | [79](#if6a6b5a71842473cba2b8cf31aee7fc0) |
| **[FINANCIAL STATEMENTS](#i8e2c7ddcdf6d497098f6debf4e056191) ....................................................................................................................** | **[80](#i8e2c7ddcdf6d497098f6debf4e056191)** |

---

---

| | |
|:---|:---|
| **APPENDIX A: Allocation Options Available Under the Contract**........................................... | **A-1** |
| **APPENDIX B: State and Financial Intermediary Variations** ................................................... | **B-1** |
| **APPENDIX C: Previous Versions of GLWB Rider Base Withdrawal Percentages and** <br>**Annual Increase Percentages**................................................................................................... | **C-1** |

---

**GLOSSARY**

**Accumulation Credit** – A unit of measure used to calculate Risk Control Account Value.

**Accumulation Credit Factor** – A dollar value for each Accumulation Credit in a Risk Control Account.

**Accumulation Period** – The phase of the Contract that begins on the Contract Issue Date and ends on

the Payout Date, or the date the Contract is terminated if earlier.

**Adjusted Index Value** – The Closing Index Value adjusted for the Cap or Floor for the current Contract

Year.

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

Phone: 1-800-798-5500.

**Age** – Age as of last birthday.

**Allocation Level** – Specific levels identified in your Contract for the sole purpose of administering

allocation instructions according to the requirements of the Contract.

**Allocation Options** – All Risk Control Account and Declared Rate Account options available under the

Contract for allocating your Contract Value.

**Annual Free Withdrawal Amount** – The amount that can be withdrawn without incurring a Surrender

Charge or Market Value Adjustment each Contract Year. It is equal to 10% of the Contract Value

determined at the beginning of the Contract Year.

**Annual Increase Percentage** – The percentage that is added to the GLWB Percentage for each

completed Contract Year from the Contract Issue Date until the GLWB Payment Start Date, subject to a

maximum of 10 years.

**Annuitant (Joint Annuitant)** – The natural person(s) whose life (or lives) determines the amount of

income payments under the Contract.

**Authorized Request** – A signed and dated request that is in Good Order (as "Good Order" is defined

below). A request to change your allocation instructions must be signed by all Owners. A request to

change a party to the Contract, change the Payout Date or request a partial withdrawal or full surrender of

the Contract must be signed by all Owners. All Authorized Requests can be initiated by fax or mail. An

Authorized Request may also include a phone or electronic request except in the following situations: any

Contracts with restrictions such as an Irrevocable Beneficiary, collateral assignment, or trust; any

Contracts that include reference to divorce, bankruptcy, power of attorney, or similar legal agreement; any

Contracts with Joint Owners where both Owners are not available to speak over the phone; any

distribution made payable to another financial institution; when requesting partial withdrawals greater than

$25,000; when requesting to start GLWB Payments; and when requesting a full surrender of the Contract.

**Base Withdrawal Percentage** – The GLWB Percentage on the Contract Issue Date.

**Bailout Rate** – A specific rate that applies to the Bailout Provision.

**Bailout Provision** – If the Cap for your Risk Control Account is set below the Bailout Rate prominently

displayed on your Contract Data Page, the Bailout Provision allows you to withdraw the Risk Control

Account Value from that Risk Control Account during the 30-day period following the Contract

Anniversary. A Market Value Adjustment and Surrender Charges will not apply to such withdrawal.

**Beneficiary** – The person(s) (or entity) you named to receive proceeds payable due to the death of the

Owner. Before the Payout Date, if no Beneficiary survives the Owner, we will pay the Death Benefit

proceeds to the Owner's estate.

**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** – The maximum annual Index Return the Company will use in calculating interest credited to Risk

Control Account Value for a Contract Year. The Cap does not reflect deduction of the Contract Fee or the

GLWB Rider Fee.

**Closing Index Value** – The closing value for an Index as of a Business Day.

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

**Contract** – The TruStage<sup>®</sup> Zone Income Annuity, an individual or joint owned, single premium deferred

modified guaranteed index 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. If a Contract Anniversary does not fall on a Business Day, any transactions required as

of that date will be processed on the next Business Day.

**Contract Fee** – An annual fee assessed against Contract Value in the Risk Control Account(s). This fee

equals a percentage of the Accumulation Credit Factor for the Risk Control Account at the start of a

Contract Year. This fee compensates us for the expenses, mortality risk and expense risk assumed by us.

**Contract Issue Date** – The date we use 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 continuing until the end of the day before the next Contract Anniversary.

**Covered Person(s)** – The natural person(s) whose Age and lifetime we base the GLWB Percentage and

GLWB Payments on under the GLWB Rider.

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

Contract.

**Death Benefit** – The greater of Contract Value or the Purchase Payment adjusted for withdrawals as of

the date Death Benefits are payable. We do not apply the Surrender Charge or Market Value Adjustment

in determining the Death Benefit payable.

**Declared Rate Account** – An Allocation Option to which we credit a single fixed annual rate of interest

referred to as the Interest Rate.

**Excess Withdrawal** – Any partial withdrawal other than a GLWB Payment. This includes the portion of a

withdrawal that, when added to other withdrawals during the Contract Year, is greater than the total GLWB

Payment for the current Contract Year. Excess Withdrawals include partial withdrawals prior to the GLWB

Payment Start Date and deductions for any applicable Surrender Charge and Market Value Adjustment.

Required Minimum Distributions ("RMDs") are Excess Withdrawals if taken prior to the GLWB Payment

Start Date. After the GLWB Payment Start Date, RMDs are not Excess Withdrawals.

**Floor** – The minimum annual Index Return the Company will use in calculating interest credited to Risk

Control Account Value for the life of the Contract.

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

**GLWB** or **Guaranteed Lifetime Withdrawal Benefit** – A withdrawal benefit feature that is part of your

Contract. Subject to certain conditions, the Guaranteed Lifetime Withdrawal Benefit provides for GLWB

Payments to be made each year for the life of the Covered Person(s) in the form of partial withdrawals

without reducing the value of GLWB Payments in future years. The GLWB Payments are guaranteed

regardless of investment performance and will continue even if the Contract Value is reduced to zero from

GLWB Payments.

**GLWB Benefit Base** – The amount upon which the GLWB Payment is based.

**GLWB Rider Fee** – An annual fee assessed against the GLWB Benefit Base while the Guaranteed

Lifetime Withdrawal Benefit is in effect. The fee compensates us for the expenses, mortality risk, and

expense risk assumed by us for providing the Guaranteed Lifetime Withdrawal Benefit.

**GLWB Payment(s)** – The payment made each year under the Guaranteed Lifetime Withdrawal Benefit

that is equal to the GLWB Percentage multiplied by the GLWB Benefit Base.

**GLWB Percentage** – The percentage applied to the GLWB Benefit Base to determine the GLWB

Payment.

**GLWB Payment Start Date** – The date GLWB Payments begin.

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

**Index, Indices** – The reference index (or indices) we use in determining interest credited to the Risk

Control Account Value.

**Index Return** – The change in the Index for the current Contract Year, adjusted for the Cap or Floor**.**

**Initial Index Value** – The value for the reference Index as of the start of a Contract Year.

**Interest Rate** – The fixed rate of interest credited to the Declared Rate Account. The Interest Rate will

never be less than the Minimum Interest Rate.

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

**Irrevocable Beneficiary** – A Beneficiary who must consent to being changed or removed as a

Beneficiary.

**Market Value Adjustment** – The amount of an adjustment (increase or decrease) that may be applied to

a full surrender or partial withdrawal, also referred to as the MVA.

**Minimum Interest Rate** – The minimum rate of interest we will credit Contract Value held in the Declared

Rate Account.

**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 owns the Contract and, in the case of a person(s),

whose death determines the Death Benefit. The Owner is also the person(s) (or entity) who receives

income payments during the Payout Period while the Annuitant is living. If there are multiple Owners,

each Owner will be a Joint Owner of the Contract and all references to Owner will mean Joint Owners.

The Owner has all rights, title and interest in the Contract. The Owner may exercise all rights and options

stated in the Contract, subject to the rights of any Irrevocable Beneficiary or assignee. The Owner is also

referred to as "you" or "your."

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

**Payout Period** – The phase the Contract is in once income payments begin.

**Pro Rata** – A method of allocating, withdrawing or transferring values across all Allocation Options that is

proportional to the Contract Value in each Allocation Option.

**Proof of Death** – Proof of Death may consist of a certified copy of the death record, a certified copy of a

court decree reciting a finding of death or other similar proof.

**Purchase Payment** – A single payment that we require to issue the Contract. We do not allow any

additional Purchase Payments under the Contract.

**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 IRC.

**Rate Sheet Supplement** – a periodic supplement to this Prospectus that provides the current Base

Withdrawal Percentages and Annual Increase Percentages for the Guaranteed Lifetime Withdrawal

Benefit for newly-issued Contracts.

**Required Minimum Distributions** – The Required Minimum Distribution (RMD) defined by the IRC for

this Contract and as determined by us.

**Risk Control Account** – An interest crediting option to which you may allocate your Contract Value. We

credit interest under each Risk Control Account based in part on the performance of a reference Index,

subject to a Cap and Floor. There are two types of Risk Control Accounts, the Secure Account and the

Growth Account.

**Risk Control Account Daily Contract Fee** – The Contract Fee divided by the number of days in the

Contract Year and then multiplied by the Accumulation Credit Factor for the Risk Control Account at the

start of a Contract Year.

**Risk Control Account Value** – The amount of 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

during the first six Contract Years.

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

the Accumulation Period.

**Terminally Ill, Terminal Illness** – A life expectancy of 12 months or less due to any illness or accident.

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

the next succeeding Business Day.

**OVERVIEW OF THE CONTRACT**

The following is a summary of the key features of the Contract. This summary does not include all the

information you should consider before purchasing a Contract. You should carefully read the entire

Prospectus, which contains more detailed information concerning the Contract and the Company, before

making an investment decision.

You should speak with a financial professional about the Contract's features, benefits, risks and fees, and

whether it is appropriate for you based upon your financial situation and objectives. The Company is not

an investment adviser and does not provide any investment advice to you in connection with your

Contract

The availability of Allocation Options, Contract benefits, and other Contract features described in this

Prospectus may vary by state and depending on the broker-dealer through which the Contract is sold.

**See <u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u>.**

**Purpose**

The Contract is an individual or joint owned, single premium deferred modified guaranteed index annuity

contract. Your Contract can help you save for retirement because your Contract Value can earn interest

from the Risk Control Accounts and/or the Declared Rate Account on a tax-deferred basis, and it provides

the opportunity for guaranteed lifetime payments. You generally will not pay taxes on your earnings until

you withdraw them.

The Contract is designed for long-term investors and is not intended for someone who needs ready

access to cash.

**Purchase and Contract Periods**

You may purchase the Contract with a single Purchase Payment of at least $10,000. **We do not allow** 

**additional Purchase Payments**.

There are two periods to your Contract: an Accumulation Period and a Payout Period.

***Accumulation Period.*** The Accumulation Period begins on the Contract Issue Date and continues until

the Payout Date. During the Accumulation Period, you allocate your Contract Value to the Risk Control

Accounts and the Declared Rate Account. Each of these types of Allocation Options is briefly described

below. **Additional information about each Allocation Option is provided in <u>[Appendix A](#i388c1875ee1f40f5908b92f7a61d79b1_2487)</u>.**

***Payout Period.*** The Payout Period begins on the Payout Date and continues until we make the last

payment as provided by the Income Payout Option chosen. On the first day of the Payout Period, the

Contract Value will be applied to the Income Payout Option you selected unless the GLWB Benefit is in

effect and the GLWB Payment would be higher. When the Payout Period begins, you will no longer be

able to make withdrawals. The Death Benefit terminates when the Contract Value is applied to an Income

Payout Option, at which time the Death Benefit depends on the terms of the Income Payout Option. See

"<u>[Income Payments - The Payout Period](#i388c1875ee1f40f5908b92f7a61d79b1_133)</u>" for more details.

**Allocation Options**

Your Purchase Payment and Contract Value will be allocated according to your allocation instructions on

file with us for the applicable allocation levels. See "<u>[Allocating Your Purchase Payment"](#i388c1875ee1f40f5908b92f7a61d79b1_61)</u> for more details.

There are two allocation levels: Level A (Allocation Option Level) and Level R (Risk Control Account

Level). The current Allocation Options under the Contract are shown in the table below. The availability of

Allocation Options may vary by state and depending on the broker-dealer through which the Contract is

sold. **See <u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u>**.

---

| | | | |
|:---|:---|:---|:---|
| **Allocation Options for Contracts issued prior to May 25, 2024** | **Allocation Options for Contracts issued prior to May 25, 2024** | **Allocation Options for Contracts issued prior to May 25, 2024** | **Allocation Options for Contracts issued prior to May 25, 2024** |
| **Interest** <br>**Term\***<br>| **Level A**<br>**Allocation Option Level**<br>| **Level R**<br>**Risk Control Account Level**<br>| **Crediting Strategy\*\*** |
| 1 year | Declared Rate | N/A | Fixed Interest Rate <br>(guaranteed for 6 years)<br>|
| 1 year | S&P 500 Index | Secure Account | 0% Floor, Cap |
| 1 year | S&P 500 Index | Growth Account | -10% Floor, Cap |
| 1 year | Russell 2000 Index | Secure Account | 0% Floor, Cap |
| 1 year | Russell 2000 Index | Growth Account | -10% Floor, Cap |
| 1 year | MSCI EAFE Index | Secure Account | 0% Floor, Cap |
| 1 year | MSCI EAFE Index | Growth Account | -10% Floor, Cap |

---

---

| | | | |
|:---|:---|:---|:---|
| **Allocation Options for Contracts issued on or after May 25, 2024** | **Allocation Options for Contracts issued on or after May 25, 2024** | **Allocation Options for Contracts issued on or after May 25, 2024** | **Allocation Options for Contracts issued on or after May 25, 2024** |
| **Interest** <br>**Term\***<br>| **Level A**<br>**Allocation Option Level**<br>| **Level R**<br>**Risk Control Account Level**<br>| **Crediting Strategy\*\*** |
| 1 year | Declared Rate | N/A | Fixed Interest Rate <br>(guaranteed for 1 year)<br>|
| 1 year | S&P 500 Index | Secure Account | 0% Floor, Cap |
| 1 year | S&P 500 Index | Growth Account | -10% Floor, Cap |
| 1 year | Dimensional US Small Cap <br>Value Systematic Index | Secure Account | 0% Floor, Cap |
| 1 year | Dimensional US Small Cap <br>Value Systematic Index | Growth Account | -10% Floor, Cap |
| 1 year | Barclays Risk Balanced Index | Secure Account | 0% Floor, Cap |
| 1 year | Barclays Risk Balanced Index | Growth Account | -10% Floor, Cap |
| 1 year | MSCI EAFE Index | Secure Account | 0% Floor, Cap |
| 1 year | MSCI EAFE Index | Growth Account | -10% Floor, Cap |

---

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

\*\*The Declared Rate Account Interest Rate will never be below the Minimum Interest Rate. The Floor will

not change during the life of your Contract. In return for accepting some risk of loss to your Risk Control

Account Value allocated to the Growth Account, the Cap for the Growth Account is higher than the Cap

for the Secure Account. We set the Cap each year for the next Contract Year. The Cap will always be at

least 1%.

On each Contract Anniversary, as part of automatic rebalancing, we will reallocate your Contract Value

based on your most recent allocation instructions that we have on file. Although you may reallocate

among Allocation Options each year, Excess Withdrawals and surrenders on any date other than each

sixth Contract Anniversary may be subject to a Market Value Adjustment and Surrender Charge.

We may offer additional Risk Control Accounts with the same or additional Indices at our discretion. We

may also discontinue a Risk Control Account, effective as of a Contract Anniversary. In any case, we will

notify you of the addition or discontinuation of a Risk Control Account. Such a change will be subject to

any applicable regulatory approval that may be required.

***Declared Rate Account.*** The portion of your Contract Value allocated to the Declared Rate Account is

credited interest daily based on a fixed annual interest rate. The applicable daily interest rate is the rate

that, when compounded, equals the Interest Rate. The initial Interest Rate is available at least two weeks

in advance of the Contract Issue Date and will be provided by your financial professional or by calling the

Company at 1-800-798-5500. For Contracts issued before May 25, 2024, the Interest Rate is guaranteed

for six years. For Contracts issued on or after May 25, 2024, the Interest Rate is guaranteed for one year.

We will notify you of any applicable change to the Interest Rate at least two weeks prior to the change.

The Interest Rate will never be less than the Minimum Interest Rate.

***Risk Control Accounts****.* The portion of your Contract Value allocated to a Risk Control Account is

credited with interest, if any, based in part on the investment performance of an external Index (shown in

the table above), subject to a Cap and Floor unique to each Risk Control Account. For each Risk Control

Account, the Index Return, which can be positive or negative, is calculated by comparing the change in

the Index from each Contract Anniversary (the first day of the Contract Year) to the last day of the

Contract Year. When funds are withdrawn from a Risk Control Account prior to the Contract Anniversary

for a surrender, partial withdrawal, annuitization, GLWB Payments or Death Benefit payment, Index

interest is calculated up to the date of withdrawal.

**The Indices can go up or down based on the securities prices of the companies that comprise the** 

**reference Index. Except for the Barclays Risk Balanced, each Index associated with the Risk** 

**Control Accounts is a "price return index," which means the Index performance does not include** 

**dividends paid on the securities comprising the Index. 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 certain fees. These deductions will reduce Index

performance, and the Index will underperform similar portfolios from which these fees and costs are not

deducted. Because the Index Return is calculated and applied at a single point in time, you may

experience negative or flat performance even though the Index experienced gains through some, or most,

of the Contract Year. **You could lose a significant amount of money if the Index declines in value**.

Each Risk Control Account has two investment options, a Secure Account and a Growth Account, which

have different Floors and Caps. The Floors may provide protection by limiting the amount of negative

Index interest credited to you for negative Index performance, but the Caps may limit the amount of

interest you can earn from positive Index performance. During the life of your Contract, an Allocation

Option with a Floor of 0% will always be available, and we will continue to make a Secure Account and

Growth Account option available for each Risk Control Account that is available to you. **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.**

• The Floor is the maximum amount of negative Index interest we will credit you each Contract

Year. The Floor will not change during the life of your Contract. Negative Index performance will

reduce your Risk Control Account Value by up to the amount of the Floor. For example, if the

reference Index performance is -25% and the Floor is -10%, we will credit -10% in Index interest

at the end of the Contract Year, meaning your Risk Control Account Value will decrease by 10%

due to negative Index performance. The Secure Account provides the most protection from

negative investment performance. The Secure Account has a Floor of 0%, which means that

negative Index performance will not reduce your Risk Control Account Value. The Growth Account

has a Floor of -10%, which means that negative Index performance could reduce your Risk

Control Account Value by up to 10% each year. **It is possible that you will not earn any** 

**interest in a Risk Control Account or that we may credit negative interest to the Growth** 

**Account. There is a risk of loss of principal and previously credited interest with the** 

**Growth Account of up to 10% (with a Floor of -10%) each Contract Year due to negative** 

**Index performance. The Floor does not limit losses from the Contract Fee, the GLWB Rider** 

**Fee, Surrender Charge, Market Value Adjustment, or taxes**.

• The Cap is the maximum amount of positive Index interest we will credit you at the end of a

Contract Year. Positive Index performance will increase your Risk Control Account Value by up to

the amount of the Cap. For example, if the reference Index performance is 12% and the Cap is

4%, we will credit 4% in Index interest at the end of the Contract Year, meaning your Risk Control

Account Value will increase by 4% due to positive Index performance. In return for accepting

some risk of loss to your Contract Value allocated to the Growth Account, the Cap declared for

the Growth Account will be higher than the Cap declared for the Secure Account for the same

period and reference Index, which allows the potential for greater increases to your Risk Control

Account Value allocated to a Growth Account. The initial Cap is available at least two weeks in

advance of the Contract Issue Date and will be provided by your financial professional or by

calling the Company at 1-800-798-5500. We declare new Caps for each Contract Year, which we

guarantee for the next Contract Year. We will notify you of the Caps for the upcoming Contract

Year at least two weeks prior to the Contract Anniversary. The minimum Cap is 1%. With the Cap,

you may receive only a portion of any positive Index performance.

The same Index will generally be used for each Risk Control Account for the duration of the Contract Year.

However, if the publication of an Index is discontinued, or calculation of the Index is materially changed,

we will substitute a suitable Index that will be used for the remainder of the Contract Year and will notify

you of the change in advance. If we substitute an Index, the performance of the new Index may differ from

the original Index, which may, in turn, affect the index interest credited and your Contract Value.

**Withdrawal Options and Market Value Adjustment**

**This Contract may not be appropriate for you if you intend to take partial withdrawals other than** 

**GLWB Payments ("Excess Withdrawals"), or surrender your Contract.** However, the Contract offers

the following liquidity features during the Accumulation Period. See "<u>[Access to Your Money](#i388c1875ee1f40f5908b92f7a61d79b1_97)</u>" for more

details.

• Annual Free Withdrawal Amount – Each Contract Year, you may withdraw up to 10% of your

Contract Value determined as of the beginning of the Contract Year without incurring a Surrender

Charge or Market Value Adjustment. Any unused Annual Free Withdrawal Amount will not carry

over to any subsequent Contract Year.

• Partial Withdrawals – You may make partial withdrawals during the Accumulation Period by

Authorized Request. Any applicable Surrender Charge and Market Value Adjustment will affect

the amount available for a partial withdrawal.

• Full Surrender – You may surrender your Contract during the Accumulation Period by Authorized

Request. Upon full surrender, a Surrender Charge and Market Value Adjustment may apply.

• GLWB Payments – GLWB Payments are considered withdrawals. GLWB Payments are not

subject to a Surrender Charge or Market Value Adjustment. Each GLWB Payment will reduce the

Death Benefit, Surrender Value, Contract Value, and the Annual Free Withdrawal Amount by the

amount of the GLWB Payment.

All withdrawals other than GLWB Payments are Excess Withdrawals that could significantly reduce the

Death Benefit, GLWB Benefit Base, and GLWB Payment, perhaps by more than the amount of the

withdrawal, and could terminate the Contract. Additionally, Excess Withdrawals or surrenders of Contract

Value on any date other than each sixth Contract Anniversary will be subject to a Market Value

Adjustment, which may be positive or negative and could result in the loss of principal previously credited

interest. A negative Market Value Adjustment may significantly decrease the amount you receive upon

surrender or partial withdrawal. **It is possible in extreme circumstances to lose up to 90% of your** 

**principal and previously credited interest per year due to the Market Value Adjustment, regardless** 

**of the Allocation Option to which you allocated Contract Value.** Withdrawals and surrenders may

also be subject to a Surrender Charge. Withdrawals and surrenders are subject to federal income taxes

and may be subject to a 10% additional tax if taken before the Owner is age 59½.

**Guaranteed Lifetime Withdrawal Benefit**

The Guaranteed Lifetime Withdrawal Benefit is automatically included with your Contract. An annual fee is

deducted from your Contract for the Guaranteed Lifetime Withdrawal Benefit. Subject to certain

conditions, the Guaranteed Lifetime Withdrawal Benefit provides GLWB Payments based on a

percentage of your GLWB Benefit Base for the life of a Covered Person(s). There are restrictions on who

can become a Covered Person, and the Owner cannot request to remove a Covered Person or to add or

change a Covered Person except as described in this Prospectus. Also, joint life GLWB Payments are not

available for non-natural owners.

The GLWB Payment is calculated on the GLWB Payment Start Date. Beginning May 25, 2024, GLWB

Payments can begin as early as the 50th birthday of the youngest Covered Person or two Business Days

after the Contract Issue Date. You may take the full GLWB Payment or partial GLWB Payment amount

through the systematic withdrawal program. If you take less than the GLWB Payment, the remaining

GLWB Payment not taken will not carry over to future years. (Before May 25, 2024, the GLWB Payment

Start Date had to be a Contract Anniversary, and once GLWB Payments began, the full payment amount

of the GLWB Payment was required to be taken each year.) Payments can begin as late as the

anticipated Payout Date shown on your Contract Data Page. Upon reaching the Payout Date, we will

begin income payments (which will be the greater of the GLWB Payment or the income payment under

the Income Payout Option you elect) unless the Contract is surrendered.

The GLWB Payments are guaranteed regardless of investment performance and will continue even if the

Contract Value is reduced to zero from GLWB Payments. The GLWB Payment is a withdrawal of your own

Contract Value unless the Contract Value is reduced to zero. The probability of you outliving your Contract

Value and receiving the GLWB Payment from our General Account may be minimal. Withdrawals taken

before the GLWB Payment Start Date, including RMDs, and withdrawals taken after the GLWB Payment

Start Date that exceed the GLWB Payment amount, will reduce the GLWB Benefit Base and the GLWB

Payment, perhaps significantly, and could terminate the Contract. GLWB Payments continue during the

life of the Covered Person(s) unless the Guaranteed Lifetime Withdrawal Benefit Rider is terminated. The

Death Benefit is still payable after GLWB Payments begin but will be reduced by the GLWB Payments.

Once established, the GLWB Benefit Base and GLWB Payment can only decrease if you take an Excess

Withdrawal. If an Excess Withdrawal causes the Surrender Value to be less than $2,000, your Contract

will terminate and GLWB Payments will cease. Before processing the full surrender, we will attempt to

contact you or your financial professional to provide the opportunity for you to take a lesser withdrawal to

maintain a Surrender Value of at least $2,000. If we are unable to contact you within one Business Day

after receiving your request, we will process the full surrender.

GLWB Payments are subject to federal income tax and may be subject to a 10% additional tax if elected

prior to age 59½.

The Base Withdrawal Percentages and Annual Increase Percentages for the GLWB effective for newly

issued Contracts are set forth in a Rate Sheet Supplement. You should not purchase a Contract without first

obtaining the Rate Sheet Supplement applicable to your Contract Issue Date. Previous versions of the

Base Withdrawal Percentage and the Annual Increase Percentage are stated in <u>[Appendix](#i388c1875ee1f40f5908b92f7a61d79b1_304)</u>C to the

Prospectus.

**Other Contract Features**

***Rebalancing / Reallocation***. You can provide instructions to reallocate your Contract Value among the

available Allocation Options by submitting new allocation instructions by Authorized Request. On each

Contract Anniversary, we will automatically rebalance your Contract Value between Allocation Options to

return your Contract Values to those reflected in the instructions on file with us. Any new allocation

change request will supersede any prior allocation instructions. You cannot discontinue the automatic

rebalancing of Contract Value on Contract Anniversaries.

***Bailout Provision.*** If the Cap for your Risk Control Account is set <u>below</u> the Bailout Rate specified on

your Data Page for that Risk Control Account, the Bailout Provision allows you to withdraw the Risk

Control Account Value from that Risk Control Account during the 30-day period following the Contract

Anniversary by Authorized Request. A Market Value Adjustment and Surrender Charge will not apply to

such withdrawal. If the Cap for your Risk Control Account is less than the Bailout Rate, we may at our

discretion restrict allocations into that Risk Control Account.

A withdrawal under the Bailout Provision will reduce the GLWB Benefit Base, which is used to determine

the GLWB Payment, and the Purchase Payment, which is used to determine the Death Benefit, perhaps

by more than the amount of withdrawal. Such withdrawals will be subject to federal income tax and may

be subject to a 10% additional tax.

***Death Benefit.*** The Death Benefit during the Accumulation Period is equal to the greater of Contract

Value or the Purchase Payment adjusted for withdrawals as of the date the Death Benefit is payable.

**Withdrawals reduce the Death Benefit, and in some cases, withdrawals could reduce the Death** 

**Benefit by substantially more than the amount of the withdrawal because of the Company's** 

**calculation of withdrawals on a proportionate basis when adjusting the Purchase Payment used to** 

**determine the Death Benefit.** We do not apply the Surrender Charge or Market Value Adjustment in

determining the Death Benefit payable.

***Income Payout Options.*** You have several income options to choose from during the Payout Period.

***Right to Examine.*** You may cancel your Contract within 10 days after you receive the Contract (30 days

if it is a replacement Contract) and return it to your financial professional or to us to receive either your

Purchase Payment or your Contract Value, depending upon applicable state law. See "<u>[Getting Started -](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>

<u>[The Accumulation Period -Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>" on page <u>[27](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>.

Please call your financial professional or the Company at 1-800-798-5500 if you have questions about

how your Contract works.

**KEY INFORMATION**

---

| | | |
|:---|:---|:---|
| **IMPORTANT INFORMATION YOU SHOULD CONSIDER** <br>**ABOUT THE TRUSTAGE**<sup>®</sup> **ZONE INCOME ANNUITY** | **IMPORTANT INFORMATION YOU SHOULD CONSIDER** <br>**ABOUT THE TRUSTAGE**<sup>®</sup> **ZONE INCOME ANNUITY** | **IMPORTANT INFORMATION YOU SHOULD CONSIDER** <br>**ABOUT THE TRUSTAGE**<sup>®</sup> **ZONE INCOME ANNUITY** |
| **FEES, EXPENSES, AND ADJUSTMENTS** | **FEES, EXPENSES, AND ADJUSTMENTS** | Location in <br>Prospectus<br>|
| **Are There Charges** <br>**or Adjustments for** <br>**Early Withdrawals?**<br>| **Yes.** If you surrender your Contract or take an Excess <br>Withdrawal during the first six Contract Years, you may pay a <br>Surrender Charge of up to 9% (up to 8% for Contracts issued <br>on or after May 24, 2024) of the amount withdrawn in excess <br>of the Annual Free Withdrawal Amount. For example, if you <br>were to surrender your Contract during the first Contract Year, <br>you could pay a Surrender Charge of up to $8,100 on a <br>$100,000 investment. This loss will be greater if there is a <br>negative Market Value Adjustment, income taxes, or an <br>additional tax.<br>If you surrender your Contract or take an Excess Withdrawal <br>on any day other than every sixth Contract Anniversary, we <br>will apply a Market Value Adjustment (which may be positive <br>or negative) to the amount being withdrawn that is in excess <br>of the Annual Free Withdrawal Amount. A negative Market <br>Value Adjustment could significantly decrease the amount <br>you receive from an Excess Withdrawal or surrender. In <br>extreme circumstances, losses from the Market Value <br>Adjustment could be as high as 90% of your Contract Value <br>per year ($90,000 of a $100,000 investment). | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br>|
| **Are There** <br>**Transaction** <br>**Charges?**<br>| **No.** |  |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | **Yes.** The table below describes the fees and expenses that <br>you may pay each year, depending on the Allocation Options <br>you choose.<br>**There is an implicit ongoing fee on the Risk Control** <br>**Accounts to the extent that the Cap limits your** <br>**participation in Index gains, which is not reflected in the** <br>**tables below.** This means your returns may be lower than <br>the Index returns; however, in exchange for accepting a Cap <br>on Index gains, you receive some protection from Index <br>losses through the Floor.<br>Please refer to your Data Page for information about the <br>specific fees you will pay each year based on the options you <br>have elected. | **Yes.** The table below describes the fees and expenses that <br>you may pay each year, depending on the Allocation Options <br>you choose.<br>**There is an implicit ongoing fee on the Risk Control** <br>**Accounts to the extent that the Cap limits your** <br>**participation in Index gains, which is not reflected in the** <br>**tables below.** This means your returns may be lower than <br>the Index returns; however, in exchange for accepting a Cap <br>on Index gains, you receive some protection from Index <br>losses through the Floor.<br>Please refer to your Data Page for information about the <br>specific fees you will pay each year based on the options you <br>have elected. | **Yes.** The table below describes the fees and expenses that <br>you may pay each year, depending on the Allocation Options <br>you choose.<br>**There is an implicit ongoing fee on the Risk Control** <br>**Accounts to the extent that the Cap limits your** <br>**participation in Index gains, which is not reflected in the** <br>**tables below.** This means your returns may be lower than <br>the Index returns; however, in exchange for accepting a Cap <br>on Index gains, you receive some protection from Index <br>losses through the Floor.<br>Please refer to your Data Page for information about the <br>specific fees you will pay each year based on the options you <br>have elected. | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u> |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | **Annual Fee** | **Min** | **Max** | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u> |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | Contract Fee<sup>(1)</sup> | 0.75% | 0.75% | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u> |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | GLWB Rider Fee<sup>(2)</sup> for Contracts issued: | GLWB Rider Fee<sup>(2)</sup> for Contracts issued: |  | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u> |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | after February 10, 2021 | 1.00% | 1.00% | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u> |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | April 26, 2020 to Feb. 10, 2021 | 0.75% | 0.75% | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u> |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | Aug. 19, 2019 to April 25, 2020 | 0.50% | 0.50% | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u> |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | (1)As a percentage of the Accumulation Credit Factor for each Risk <br>Control Account at the start of the Contract Year. We do not assess a <br>Contract Fee against Contract Value held in the Declared Rate Account.<br>(2)As a percentage of the GLWB Benefit Base. | (1)As a percentage of the Accumulation Credit Factor for each Risk <br>Control Account at the start of the Contract Year. We do not assess a <br>Contract Fee against Contract Value held in the Declared Rate Account.<br>(2)As a percentage of the GLWB Benefit Base. | (1)As a percentage of the Accumulation Credit Factor for each Risk <br>Control Account at the start of the Contract Year. We do not assess a <br>Contract Fee against Contract Value held in the Declared Rate Account.<br>(2)As a percentage of the GLWB Benefit Base. | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u> |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | Because your Contract is customizable, the choices you <br>make affect how much you will pay. To help you understand <br>the cost of owning your Contract, the following table shows <br>the lowest and highest cost you could pay each year, based <br>on current charges. **This estimate assumes that you do** <br>**not take withdrawals from the Contract, which could add** <br>**Surrender Charges and a negative Market Value** <br>**Adjustment that substantially increase costs.** Additionally, <br>for the lowest annual cost, it is assumed that all Contract <br>Value is allocated to the Declared Rate Account. For the <br>highest annual cost, it is assumed that all Contract Value is <br>allocated to the Risk Control Accounts. | Because your Contract is customizable, the choices you <br>make affect how much you will pay. To help you understand <br>the cost of owning your Contract, the following table shows <br>the lowest and highest cost you could pay each year, based <br>on current charges. **This estimate assumes that you do** <br>**not take withdrawals from the Contract, which could add** <br>**Surrender Charges and a negative Market Value** <br>**Adjustment that substantially increase costs.** Additionally, <br>for the lowest annual cost, it is assumed that all Contract <br>Value is allocated to the Declared Rate Account. For the <br>highest annual cost, it is assumed that all Contract Value is <br>allocated to the Risk Control Accounts. | Because your Contract is customizable, the choices you <br>make affect how much you will pay. To help you understand <br>the cost of owning your Contract, the following table shows <br>the lowest and highest cost you could pay each year, based <br>on current charges. **This estimate assumes that you do** <br>**not take withdrawals from the Contract, which could add** <br>**Surrender Charges and a negative Market Value** <br>**Adjustment that substantially increase costs.** Additionally, <br>for the lowest annual cost, it is assumed that all Contract <br>Value is allocated to the Declared Rate Account. For the <br>highest annual cost, it is assumed that all Contract Value is <br>allocated to the Risk Control Accounts. | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u> |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | **Lowest Annual Cost:** <br>**$913** | **Highest Annual Cost:** <br>**$1,561** | **Highest Annual Cost:** <br>**$1,561** | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u> |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | Assumes:<br>•$100,000 investment<br>•5% annual appreciation<br>•No transfers or withdrawals | Assumes:<br>•$100,000 investment<br>•5% annual appreciation<br>•No transfers or <br>withdrawals | Assumes:<br>•$100,000 investment<br>•5% annual appreciation<br>•No transfers or <br>withdrawals | <u>[Fee Table](#i388c1875ee1f40f5908b92f7a61d79b1_1999)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u> |

---

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| | | |
|:---|:---|:---|
| **RISKS** | **RISKS** | Location in <br>Prospectus<br>|
| **Is There a Risk of** <br>**Loss from Poor** <br>**Performance?**<br>| **Yes.** You can lose money by investing in the Contract, <br>including loss of principal and previously credited interest. <br>There is a risk of loss of principal and previously credited <br>interest with the Growth Account of up to 10% (with a Floor of <br>-10%) each Contract Year due to negative Index <br>performance.<br>During the life of your Contract, an Allocation Option with a <br>Floor of 0% will always be available, and we will continue to <br>make a Secure Account and Growth Account option available <br>for each Risk Control Account that is available to you. <br>**Otherwise, we may add, change, or discontinue** <br>**Allocation Options and Indices from time to time. The** <br>**remaining Allocation Options may have terms that are** <br>**unacceptable to you and may not provide any protection** <br>**from Index losses, which could result in the loss of the** <br>**entire amount of your Contract Value.**  | <u>[Principal Risks of](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><br><u>[Investing in the](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><br><u>[Contract](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><br>|
| **Is this a Short-Term** <br>**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 <br>tax deferral mean that the Contract is more beneficial if you <br>have a long time horizon.<br>Excess Withdrawals and surrenders may be subject to a <br>Surrender Charge, a Market Value Adjustment (which may be <br>positive or negative) and federal and state income taxes, and, <br>if taken before age 59½, a 10% additional tax. Excess <br>Withdrawals will also reduce the Death Benefit, GLWB <br>Benefit Base, and GLWB Payment, perhaps by significantly <br>more than the amount of the withdrawal, and could terminate <br>the Contract.<br>During the Accumulation Period, we will automatically <br>rebalance your Contract Value among the Risk Control <br>Accounts and/or Declared Rate Account on each Contract <br>Anniversary based on your most recent allocation instructions <br>that we have on file. | <u>[Principal Risks of](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><br><u>[Investing in the](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><br><u>[Contract](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><br><u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Adjustments](#i388c1875ee1f40f5908b92f7a61d79b1_28)</u><br><u>[Federal Income](#i388c1875ee1f40f5908b92f7a61d79b1_154)</u><br><u>[Tax Matters](#i388c1875ee1f40f5908b92f7a61d79b1_154)</u><br>|

---

---

| | | |
|:---|:---|:---|
| **What Are the Risks** <br>**Associated with the** <br>**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 <br>Contract. Each Allocation Option, including the Risk Control <br>Accounts and the Declared Rate Account, has its own unique <br>risks. You should review the Allocation Options carefully <br>before making an investment decision.<br>With respect to the Risk Control Accounts, the Cap will limit <br>positive Index returns. For example, if the Index performance <br>for a Contract Year is 12%, and the Cap is 4%, we will credit <br>4% in interest at the end of that Contract Year. You may earn <br>less than the Index performance as a result. The Floor will <br>limit negative Index performance and thereby provide limited <br>protection in the case of a market decline. For example, if the <br>Index performance is -25% and the Floor for the Growth <br>Account is -10%, we will credit -10% at the end of the <br>Contract Year. <br>Except for the Barclays Risk Balanced, each Index <br>associated with the Risk Control Accounts is a "price return <br>index," which means the Index performance does not include <br>dividends paid on the securities comprising the Index. This <br>will reduce Index performance and will cause the Index to <br>underperform a direct investment in the underlying securities. <br>The Barclays Risk Balanced Index reinvests dividends but <br>deducts certain fees. These deductions will reduce Index <br>performance, and the Index will underperform similar <br>portfolios from which these fees and costs are not deducted. | <u>[Principal Risks of](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><br><u>[Investing in the](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><br><u>[Contract](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><br><u>[Risk Control](#i388c1875ee1f40f5908b92f7a61d79b1_79)</u><br><u>[Account Option](#i388c1875ee1f40f5908b92f7a61d79b1_79)</u><br><u>[Appendix A](#i388c1875ee1f40f5908b92f7a61d79b1_2487)</u><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 <br>the Company. Any obligations (including under the Declared <br>Rate Account and the Risk Control Accounts), guarantees <br>(such as the Death Benefit), or benefits are subject to the <br>Company's claims-paying ability. More information about the <br>Company, including its financial strength ratings, is available <br>upon request by calling 1-800-798-5500. | <u>[Principal Risks of](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><br><u>[Investing in the](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><br><u>[Contract](#i388c1875ee1f40f5908b92f7a61d79b1_25)</u><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 <br>features of allocations, transfers, withdrawals, and investment <br>option features. <br>The availability of Allocation Options, Contract benefits, and <br>other Contract features described in this Prospectus may <br>vary by state and depending on the broker-dealer through <br>which the Contract is sold.  | <u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u> |
|  | ***Allocations.*** We reserve the right, at our discretion, to restrict <br>allocations into the Risk Control Account if the Cap for your <br>Risk Control Account is less than the rate specified in the <br>Bailout Provision (as shown on your Contract Data Page). | <u>[Risk Control](#i388c1875ee1f40f5908b92f7a61d79b1_112)</u><br><u>[Account Option-](#i388c1875ee1f40f5908b92f7a61d79b1_112)</u><br><u>[Bailout Provision](#i388c1875ee1f40f5908b92f7a61d79b1_112)</u><br>|

---

---

| | | |
|:---|:---|:---|
|  | ***Changes to Investment Options and Features.*** For each <br>Risk Control Account, we set a Cap for the first Contract Year, <br>which is made available at least two weeks in advance of the <br>Contract Issue Date. We may set a new Cap prior to each <br>Contract Anniversary for the subsequent Contract Year and <br>will send you written notice at least two weeks prior to the <br>Contract Anniversary. The Caps will always be a minimum of <br>1%.<br>During the life of your Contract, a Risk Control Account with a <br>Floor of 0% will always be available, and we will continue to <br>make a Secure Account and Growth Account option available <br>for each Risk Control Account that is available to you. <br>**Otherwise, we may add, change, or discontinue** <br>**Allocation Options and Indices from time to time. The** <br>**remaining Allocation Options may have terms that are** <br>**unacceptable to you and may not provide any protection** <br>**from Index losses, which could result in the loss of the** <br>**entire amount of your Contract Value.** <br>If there is a delay between the date we remove an Index for a <br>Risk Control Account and the date we add a substitute Index, <br>your Risk Control Account Value will be based on the value of <br>the Index on the date the Index ceased to be available, which <br>means market changes during the delay will not be used to <br>calculate the index interest. | <u>[Risk Control](#i388c1875ee1f40f5908b92f7a61d79b1_79)</u><br><u>[Account Option](#i388c1875ee1f40f5908b92f7a61d79b1_79)</u><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 <br>must be at least $100 each. There are additional limitations <br>on the amounts that you may request and the timing for <br>requesting and terminating Systematic Withdrawals. A Market <br>Value Adjustment and Surrender Charge may apply. | <u>[Benefits Available](#i388c1875ee1f40f5908b92f7a61d79b1_2427)</u><br><u>[under the](#i388c1875ee1f40f5908b92f7a61d79b1_2427)</u><br><u>[Contract](#i388c1875ee1f40f5908b92f7a61d79b1_2427)</u><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 <br>tax implications the Contract. There is no additional tax <br>benefit if you purchase the Contract through a qualified <br>retirement plan or individual retirement account (IRA). <br>Withdrawals from the Contract are subject to ordinary income <br>tax, and may be subject to a 10% additional tax if taken <br>before age 59½. | <u>[Federal Income](#i388c1875ee1f40f5908b92f7a61d79b1_154)</u><br><u>[Tax Matters](#i388c1875ee1f40f5908b92f7a61d79b1_154)</u><br>|

---

---

| | | |
|:---|:---|:---|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** | Location in <br>Prospectus<br>|
| **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 <br>for selling the Contract to you in the form of commissions or <br>other compensation. These other forms of compensation may <br>include cash bonuses, insurance benefits and financing <br>arrangements. Non-cash benefits may include conferences, <br>seminars and trips (including travel, lodging and meals in <br>connection therewith), entertainment, merchandise and other <br>similar items. The Company may also pay asset-based <br>commissions (sometimes called trail commissions) in addition <br>to Purchase Payment-based commissions. Investment <br>professionals may also receive other payments from us for <br>services that do not directly involve the sale of the Contracts, <br>including personnel recruitment and training, production of <br>promotional literature and similar services. <br>As a result of these compensation arrangements, investment <br>professionals may have a financial incentive to offer or <br>recommend the Contract over another investment. You <br>should ask your investment professional for additional <br>information about the compensation he or she receives in <br>connection with your purchase of the Contract. | <u>[Other Information](#i388c1875ee1f40f5908b92f7a61d79b1_187)</u><br><u>[– Distribution of](#i388c1875ee1f40f5908b92f7a61d79b1_187)</u><br><u>[the Contract](#i388c1875ee1f40f5908b92f7a61d79b1_187)</u><br>|
| **Should I Exchange** <br>**My Contract?**<br>| You should only exchange your contract if you determine, <br>after comparing the features, fees, and risks of both <br>contracts, and any fees or penalties to terminate your existing <br>contract, that it is better for you to purchase the new contract <br>rather than continue to own your existing contract. Some <br>investment professionals may have a financial incentive to <br>offer you a new contract in place of the one you already own.  | <u>[Getting Started -](#i388c1875ee1f40f5908b92f7a61d79b1_40)</u><br><u>[The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_40)</u><br><u>[Period - Tax Free](#i388c1875ee1f40f5908b92f7a61d79b1_40)</u><br><u>[1035 Exchanges](#i388c1875ee1f40f5908b92f7a61d79b1_40)</u><br>|

---

**FEE TABLE**

**The following tables describe the fees, expenses, and adjustments that you will pay when buying,** 

**owning, and surrendering or making withdrawals from an Allocation Option or from the Contract.** 

**Please refer to your Contract Data Page for information about the specific fees you will pay each** 

**year based on the options you have elected.**

**The first table describes the fees and expenses that you will pay at the time that you buy the** 

**Contract, surrender or make withdrawals from an Allocation Option or from the Contract, transfer** 

**Contract Value between Allocation Options, or request special services. State premium taxes may** 

**also be deducted.**

---

| | |
|:---|:---|
| **Transaction Expenses for Contracts Issued On or After May 25, 2024** | **Charge** |
| Maximum Surrender Charge (as a percentage of Contract Value surrendered or withdrawn)<sup>(1)</sup> | 8% |

---

---

| | |
|:---|:---|
| **Transaction Expenses for Contracts Issued Before May 25, 2024** | **Charge** |
| Maximum Surrender Charge (as a percentage of Contract Value surrendered or withdrawn)<sup>(1)</sup> | 9% |

---

(1) During the first six Contract Years, we deduct a Surrender Charge from each withdrawal or surrender that exceeds the Annual

Free Withdrawal Amount. We do not assess a Surrender Charge on withdrawals and surrenders made under the Nursing

Home or Hospital Waiver or Terminal Illness Waiver.

**The next table describes the adjustments, in addition to any transaction expenses, that apply if all** 

**or a portion of the Contract Value is removed from an Allocation Option or from the Contract on** 

**any day other than every sixth Contract Anniversary.**

---

| | |
|:---|:---|
| **Adjustments** | **Charge** |
| Market Value Adjustment Maximum Potential Loss (as a percentage of Contract Value <br>withdrawn or surrendered)<sup>(1)</sup><br>| 90% |

---

(1) During the Accumulation Period, if you surrender your Contract or take an Excess Withdrawal from any Allocation Option on

any day other than every sixth Contract Anniversary, we will apply a Market Value Adjustment (which may be positive or

negative) to the amount being withdrawn that is in excess of the Annual Free Withdrawal Amount. A negative Market Value

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

**The next table describes the fees and expenses that you will pay *each year* during the time that** 

**you own the Contract.**

---

| | |
|:---|:---|
| **Annual Contract Expenses** | **Charge** |
| Base Contract Expenses (as a percentage of the Accumulation Credit Factor for each Risk <br>Control Account at the start of each Contract Year)<sup>(1)</sup><br>| 0.75% |
| GLWB Rider Fee (as a percentage of the average daily GLWB Benefit base for the prior <br>Contract Year)<sup>(2)</sup><br>| 1.00% |

---

(1)Base Contract Expenses includes the Contract Fee. The Contract Fee is assessed against the Contract Value held in the Risk

Control Accounts. We do not assess a Contract Fee against Contract Value held in the Declared Rate Account.

(2)The GLWB Rider Fee is deducted Pro Rata from the Contract Value of each Allocation Option on each Contract Anniversary.

The GLWB Rider Fee is: for Contracts issued after February 10, 2021, 1.00%; for Contracts issued from April 26, 2020 to

February 10, 2021, 0.75%; for Contracts issued from August 19, 2019 to April 25, 2020, 0.50%.

**In addition to the fees described above, the Cap limits the amount you can earn with respect to** 

**each Risk Control Account. This means your returns may be lower than the Index returns. In** 

**return for accepting this limit on Index gains, you will receive some protection from Index losses.**

**PRINCIPAL RISKS OF INVESTING IN THE CONTRACT**

Your Contract has various risks associated with it. We list these risk factors below, as well as other

important information you should know before purchasing a Contract.

***Risk of Loss***. An investment in the Contract is subject to the risk of loss. You could lose your investment,

including principal and previously credited interest.

***Market Risk***. The historical performance of a reference Index should not be taken as an indication of the

future performance of the Index. Index performance will be influenced by complex and interrelated

economic, financial, regulatory, geographic, judicial, political and other factors that can affect the capital

markets generally, and by various circumstances that can influence the performance of securities in a

particular market segment. Generally, each Risk Control Account has broad risks that apply to all indices,

such as market risk, as well as specific risks of investing in particular types of securities. Investing in

certain types of securities, such as foreign (non-U.S.) securities or small or mid-cap securities, subjects

you to greater risk and volatility than the general market.

***Index-Linked Option Market Risk.*** You assume the investment risk that no Index interest will be credited

and therefore positive Index performance will not increase your Risk Control Account Value. You also bear

the risk that sustained declines in the relevant Index may cause Index performance to not increase your

Risk Control Account Value for a prolonged period. In addition to the general market risks described

above, the reference Indexes are subject to the following specific risks:

• The S&P 500 Price Return Index is comprised of equity securities issued by large-capitalization

U.S. companies. In general, large-capitalization companies may be unable to respond quickly to

new competitive challenges and may not be able to attain the high growth rate of successful

smaller companies.

• The Russell 2000® Price Return Index is comprised of small-capitalization US companies.

Compared to large-capitalization companies, small-capitalization companies may be less stable

(or more volatile), less liquid, and more susceptible to adverse developments.

• The MSCI EAFE Price Return Index is designed to follow the performance of large- and mid-

capitalization companies across 21 developed markets around the world excluding the U.S. and

Canada. In general, large-capitalization companies may be unable to respond quickly to new

competitive challenges and may not be able to attain the high growth rate of successful smaller

companies. Securities of mid-capitalization companies may be more volatile and may involve

more risk than the securities of larger companies. Securities issued by non-U.S. companies are

subject to the risks related to investments in foreign markets (e.g., increased price volatility;

changing currency exchange rates; and greater political, regulatory, and economic uncertainty).

• The Barclays Risk Balanced Index allocates between equities and fixed income using the

principles of Modern Portfolio Theory using a 10% volatility (risk) target, which seeks to maximize

the expected return based on a given level of market risk. Although the Index targets a particular

volatility, the actual volatility level may differ from that targeted and may be materially higher or

lower for certain periods than the target level depending on market conditions. Because the Index

is exposed to Treasuries, it may underperform in a rapidly rising interest rate environment.

Because the Index includes a volatility control mechanism, it may underperform in particular

during an equity market rally that occurs immediately after a period of elevated volatility when the

Index would have reduced its exposure. The Index may allocate up to 225% of total exposure to

its components; when the portfolio exposure is greater than 100%, negative performance of the

portfolio will be magnified and the level of the Index may decrease significantly. The Index has

limited performance history and may perform in unanticipated ways. Generally, there is less

publicly available information about the Index compared to more established market indices.

• The Dimensional US Small Cap Value Systematic Index is designed to capture the returns

associated with the US small cap value premium, the tendency for smaller company and value

stocks to outperform larger company and growth stocks over time. Compared to large-

capitalization companies, small-capitalization companies may be less stable (or more volatile),

less liquid, and more susceptible to adverse developments. Value stocks may underperform for

long periods of time and perform differently from the market as a whole. The Index has limited

performance history and may perform in unanticipated ways. Generally, there is less publicly

available information about the Index compared to more established market indices.

If you invest in a Risk Control Account and the relevant Index declines, it may or may not reduce your

Risk Control Account Value, depending on the Risk Control Account to which you allocated your Contract

Value. If your Risk Control Account Value is allocated to the Growth Account, you assume the risk of

negative Index performance (crediting negative Index interest) up to the -10% Floor, which means your

Risk Control Account Value allocated to the Growth Account could decline up to 10% each year due to

negative Index performance. During the life of your Contract, an Allocation Option with a Floor of 0% will

always be available, and we will continue to make a Secure Account and Growth Account option available

for each Risk Control Account that is available to you.

***Liquidity and Withdrawal Risk.*** We designed your Contract to be a long-term investment that you may

use to help save for retirement. Your Contract is not designed to be a short-term savings vehicle. **The** 

**Contract may not be appropriate for investors who plan to take Excess Withdrawals or surrender** 

**the Contract in the short-term.**

**The Contract Fee, GLWB Rider Fee, Surrender Charge, Market Value Adjustment, and federal** 

**income taxes could significantly reduce the values under the Contract and the amount you receive** 

**from any withdrawals or a surrender, which may also be subject to additional taxes. Withdrawals** 

**will also reduce the GLWB Benefit Base, GLWB Payment, and Death Benefit, perhaps by** 

**significantly more than the amount of the withdrawal, and may terminate the Contract.**

• Surrender Charge Risk: If you surrender your Contract or take an Excess Withdrawal during the

first six Contract Years, you may pay a Surrender Charge of up to 9% (up to 8% for Contracts

issued on or after May 25, 2024) of the amount being withdrawn that is in excess of the Annual

Free Withdrawal Amount.

• Market Value Adjustment Risk: During the Accumulation Period, if you surrender your Contract or

take an Excess Withdrawal from any Allocation Option on any day other than every sixth Contract

Anniversary, we will apply a Market Value Adjustment (which may be positive or negative) to the

amount being withdrawn that is in excess of the Annual Free Withdrawal Amount. A negative

Market Value Adjustment may significantly decrease the amount you receive upon surrender or

partial withdrawal. Please note that in certain interest rate environments, a negative Market Value

Adjustment could reduce the amount received to less than the protection provided by the Floor. **It** 

**is possible in extreme circumstances to lose up to 90% of your principal and previously** 

**credited interest per year due to the Market Value Adjustment, regardless of the Allocation** 

**Option to which you allocated Contract Value.**

• Future Returns Risk: Only the Contract Value remaining after the withdrawal will be credited

interest, positive or negative, in the future.

• Proportionate Calculation Risk: Excess Withdrawals proportionally reduce the GLWB Benefit

Base, which is used to determine the GLWB Payment, and the Purchase Payment, which is used

to determine the Death Benefit, by the ratio of the withdrawal (including any Surrender Charge

and Market Value Adjustment) to the Contract Value immediately prior to the withdrawal. These

proportional reductions may be substantially more than the withdrawal amount, and any resulting

decreases to the GLWB Payment and Death Benefit could be significant.

• Tax Risks: Federal Income taxes apply to any withdrawal or surrender. A 10% additional tax may

also apply if taken before the Owner is age 59½. You should consult your tax advisor before

taking a withdrawal or surrendering the Contract.

***Other Index-Linked Option Risks***. In addition to the risk of loss from negative Index performance, there

are other risks of investing in a Risk Control Account.

You assume the risk that the Cap can be reduced to as little as 1%. If the Index performance is greater

than the applicable Cap, the Index interest that you receive will be lower than the return you would have

received on an investment in a mutual fund or exchange-traded fund designed to track the performance of

the selected reference Index.

You have no ownership rights in the underlying securities comprising the reference Indices. Purchasing

the Contract is not equivalent to investing in the underlying securities comprising the Indices. As the

Owner of the Contract, you will not have any ownership interest or rights in the underlying securities

comprising the Indices, such as voting rights, dividend payments, or other distributions.

• Except for the Barclays Risk Balanced, each Index associated with the Risk Control Accounts is a

"price return index," which means the Index performance does not include dividends paid on the

securities comprising the Index. 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.

Because the Index interest is calculated at a certain point-in-time, an Owner may experience negative or

flat performance even though a reference Index experienced gains through some or most of the Contract

Year.

***Risk That We May Eliminate an Allocation Option or Eliminate or Substitute an Index***. There is no

guarantee that any Allocation Option or Index will be available during the entire time you own your

Contract. During the life of your Contract, an Allocation Option with a Floor of 0% will always be available,

and we will continue to make a Secure Account and Growth Account option available for each Risk

Control Account that is available to you. Otherwise, we may add, change, or discontinue Allocation

Options and Indices from time to time. **You assume the risk that we may discontinue some or all of** 

**the other Risk Control Accounts, and the only 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.**

If we substitute or change an Index, the performance of the new Index may differ from the original Index.

If there is a delay between the date we remove the Index and the date we add a substitute Index, your

Risk Control Account Value will be based on the value of the Index on the date the Index ceased to be

available, which means market changes during the delay will not be used to calculate the Index Return.

A Risk Control Account may also be discontinued before the end of an Interest Term if we do not provide

a substitute Index and transfer your Risk Control Account Value to the S&P 500 Index Secure Account for

the remainder of the Interest Term, as described in "<u>[Risk Control Account Options – Allocation Option and](#i388c1875ee1f40f5908b92f7a61d79b1_2282)</u> 

<u>[Index Changes](#i388c1875ee1f40f5908b92f7a61d79b1_2282)</u>." The amount of interest you earn in the S&P 500 Index Secure Account may be less than

the amount you would have earned in the discontinued Risk Control Account at the end of the Interest

Term. If there is a delay between the date we remove the Index and the date we transfer value to another

account, your Risk Control Account Value prior to the transfer will be based on the value of the Index on

the date the Index ceased to be available, which means market changes during the delay will not be used

to calculate the Index Return.

An Index or Allocation Option change may negatively affect interest credited and your resulting Contract

Value, as well as how you want to allocate Contract Value between available Allocation Options. If we

eliminate an Allocation Option or eliminate or substitute the Index, and you do not wish to allocate your

Contract Value to the Allocation Options available under the Contract, you may surrender your Contract,

but you may be subject to a Surrender Charge and Market Value Adjustment, which may result in a loss

of principal and credited Index interest. A surrender of the Contract may also be subject to income taxes

and a 10% additional tax.

***Guaranteed Lifetime Withdrawal Benefit Feature Risk.*** Excess Withdrawals could significantly reduce

the Death Benefit, GLWB Benefit Base and GLWB Payments and could terminate the Contract.

Purchasers should consult with a financial representative to determine if the Guaranteed Lifetime

Withdrawal Benefit is suitable for them based upon their financial needs and risk tolerance.

You should carefully consider when to begin taking GLWB Payments. If GLWB Payments are elected

earlier, the GLWB Percentage will be lower, resulting in lower GLWB Payments, and the Contract will

have less time to accumulate value. However, earlier GLWB Payments could result in receiving payments

for a longer period of time. If GLWB Payments are delayed, the GLWB Percentage may be higher,

resulting in higher GLWB Payments, and the Contract will have more time to accumulate value, which

could result in higher payments and might result in a higher Death Benefit.

GLWB Payments will reduce the Death Benefit, Surrender Value, Contract Value and the Annual Free

Withdrawal Amount by the amount of the GLWB Payment.

The GLWB Payment is taken out of the Owner's Contract Value unless the Contract Value is reduced to

zero. **The probability of the Owner outliving their Contract Value and receiving the GLWB Payment** 

**from the Company's general account may be minimal.** The GLWB Payments are subject to federal

income tax and may be subject to a 10% additional tax if elected prior to age 59½. Any amounts paid by

the Company in excess of the Contract Value are subject to the Company's financial strength and claims

paying ability.

The GLWB Rider Fee will be assessed whether or not the Owner receives GLWB Payments.

***Risk Control Account Allocation Restriction.*** At any time the Cap for your Risk Control Account is less

than the Bailout Rate specified on your Contract Data Page, we may, at our discretion, restrict allocations

into that Risk Control Account. See "<u>[Risk Control Account Option – Bailout Provision](#i388c1875ee1f40f5908b92f7a61d79b1_112)</u>" for more details.

***Contract Issue Date Risk*.** The Company only issues the Contract on the 10<sup>th</sup> and 25<sup>th</sup> of each month.

Therefore, the Purchase Payment may be held in the Company's General Account for up to fifteen days

prior to being invested in the Contract and will not earn any interest during that period.

***Insurance Company Risk.*** Our General Account assets support the guarantees under the Contract and

are subject to the claims of our creditors. As such, the guarantees under the Contract are subject to our

financial strength and claims-paying ability, and therefore, to the risk that we may default on those

guarantees. You should look solely to our financial strength and claims-paying ability in meeting the

guarantees under the Contract. More information about the Company, including its financial strength

ratings, is available upon request by calling 1-800-798-5500.

***Business Disruption and Cyber-Security Risks.*** We rely heavily on interconnected computer systems

and digital data to conduct our variable and index-linked product business activities. Because our variable

and index-linked product business is highly dependent upon the effective operation of our computer

systems and those of our business partners, our business is vulnerable to disruptions from utility outages,

and susceptible to operational and information security risks resulting from information systems failure

(e.g., hardware and software malfunctions), and cyber-attacks. These risks include, among other things,

the theft, misuse, corruption and destruction of data maintained online or digitally, interference with or

denial of service, attacks on websites and other operational disruption and unauthorized release of

confidential Owner information. Such systems failures and cyber-attacks affecting us, CUNA Brokerage

Services, Inc. ("CBSI"), and intermediaries may adversely affect us and your Contract Value. For

instance, systems failures and cyber-attacks may interfere with our processing of Contract transactions,

including the processing of orders, impact our ability to calculate Contract Value, cause the release and

possible destruction of confidential customer or business information, impede order processing, subject

us and/or CBSI, and intermediaries to regulatory fines and financial losses and/or cause reputational

damage. Cyber-security risks may also impact the issuers of securities that comprise the Index, which

may cause the reference Indices to lose value. The risk of cyber-attacks may be higher during periods of

geopolitical turmoil (such as the Russian invasion of Ukraine and the responses by the United States and

other governments). Due to the increasing sophistication of cyber-attacks, a cybersecurity breach could

occur and persist for an extended period of time without detection.

The preventative actions we take to reduce the frequency and severity of cybersecurity incidents and

protect our computer systems may be insufficient to prevent a cybersecurity breach from impacting our

operations or your Contract Value. There can be no assurance that we, CBSI, or intermediaries will avoid

losses affecting your Contract due to cyber-attacks or information security breaches in the future.

In addition, we are exposed to risks related to natural and man-made disasters and catastrophes, such as

storms, fires, floods, earthquakes, epidemics, pandemics, malicious acts, and terrorist acts, which could

adversely affect our ability to conduct business. A natural or man-made disaster or catastrophe, including

a pandemic (such as the coronavirus COVID-19), could affect the ability, or willingness, of our workforce

and employees of service providers and third-party administrators to perform their job responsibilities.

Even if our workforce and employees of our service providers and third-party administrators were able to

work remotely, those remote work arrangements could result in our business operations being less

efficient than under normal circumstances and lead to delays in our issuing Contracts and processing of

other Contract-related transactions, including orders from Owners. Catastrophic events may negatively

affect the computer and other systems on which we rely and may interfere with our ability to receive,

pickup and process mail, our processing of Contract-related transactions, impact our ability to calculate

Contract Value, or have other possible negative impacts. These events may also impact the issuers of

securities that comprise the Index, which may cause the reference Indices to lose value. There can be no

assurance that we or our service providers will avoid losses affecting your Contract due to a natural

disaster or catastrophe.

**THE INSURANCE COMPANY AND SEPARATE ACCOUNTS**

**MEMBERS Life Insurance Company**

The name of the Company is MEMBERS Life Insurance Company. You may write us at 2000 Heritage

Way, Waverly, Iowa 50677 9202, or call us at 1-800-798-5500. The Company is responsible for all

guarantees provided under the Contract, including our obligations under the Declared Rate Account and

the Risk Control Accounts, the Death Benefit, and the Income Payout Options. Our General Account

assets support these guarantees. The assets of our General Account are subject to our general liabilities

from business operations and the claims of our creditors. Accordingly, any obligations, guarantees or

benefits are subject to our financial strength and claims-paying ability. You may obtain information on our

financial condition by reviewing our financial statements. You may also call 1-800-798-5500 for more

information about us, including our financial strength ratings.

We are a wholly-owned direct subsidiary of CMFG Life Insurance Company ("CMFG Life"). We were

formed by CMFG Life on February 27, 1976, as a stock life insurance company under the laws of the

State of Wisconsin. The Company's name was changed to its current name on January 1, 1993. We re-

domiciled from Wisconsin to Iowa on May 3, 2007. Currently, we have no employees. The Company

issues Index-linked and variable annuity contracts, which account for all the new product sales of the

Company. The Company also services previously existing blocks of annuities and individual and group life

policies.

CMFG Life is a stock insurance company organized on May 20, 1935 and domiciled in Iowa. CMFG Life

is one of the world's largest direct underwriters of credit life and disability insurance, and is a major

provider of qualified pension products to credit unions. CMFG Life and its affiliates currently offer deferred

and immediate annuities, individual term and permanent life insurance, and accident and health

insurance. In 2012, CMFG Life was reorganized as a wholly-owned subsidiary of TruStage Financial

Group, Inc. (f/k/a CUNA Mutual Financial Group, Inc.), which is a wholly-owned subsidiary of CUNA

Mutual Holding Company ("CM Holding"), a mutual holding company organized under the laws of the

State of Iowa.

CMFG Life provides significant services required to conduct our operations. Under a Cost Sharing,

Procurement, Disbursement, Billing and Collection Agreement, CMFG Life performs certain administrative

functions related to procurement, disbursement, billing and collection and services, agent licensing,

payment of commissions, actuarial services, annuity policy issuance and service, accounting and financial

compliance, market conduct, general and informational services and marketing, and provides certain

resources and personnel to us. We share office space with CMFG Life in Madison, Wisconsin and

Waverly, Iowa. Expenses associated with the facilities are allocated to us through the Amended and

Restated Expense Sharing Agreement that we entered into with CMFG Life on January 1, 2015.

We rely on the exemption from the reporting requirements of Section 15(d) of the Securities Exchange Act

of 1934, as amended (the "1934 Act"), provided by Rule 12h-7 under the 1934 Act with respect to

registered non-variable insurance contracts (such as index-linked investment options) that we issue.

**The Declared Rate Separate Account**

The non-registered Separate Account in which we hold reserves for our guarantees attributable to annuity

contracts that offer declared rate accounts is referred to as the Declared Rate Separate Account. The

assets in the Declared Rate Separate Account are equal to the reserves and other liabilities of the

contracts supported by the Declared Rate Separate Account and are not chargeable with liabilities arising

out of any other business that we conduct. We have the right to transfer to our General Account any

assets of the Declared Rate Separate Account that are in excess of such reserves and other Contract

liabilities. Our General Account assets are also available to meet the guarantees under the Contract,

including the Declared Rate Separate Account, as well as our other general obligations. The guarantees

in this Contract are subject to the Company's financial strength and claims-paying ability.

**The Risk Control Separate Account**

The non-registered Separate Account in which we hold reserves for our guarantees attributable to annuity

contracts that offer risk control accounts is referred to as the Risk Control Separate Account. The assets

in the Risk Control Separate Account are equal to the reserves and other liabilities of the contracts

supported by the Risk Control Separate Account and are not chargeable with liabilities arising out of any

other business that we conduct. We have the right to transfer to our General Account any assets of the

Risk Control Separate Account that are in excess of such reserves and other Contract liabilities. Our

General Account assets are also available to meet the guarantees under the Contract, including the

Risk Control Separate Account, as well as our other general obligations. The guarantees in this

Contract are subject to the Company's financial strength and claims-paying ability.

**GETTING STARTED - THE ACCUMULATION PERIOD**

The Prospectus describes all material rights, benefits and obligations under the Contract. The availability

of Allocation Options, Contract benefits, and other Contract features described in this Prospectus may

vary by state and depending on the broker-dealer through which the Contract is sold. **See <u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u>.** 

Your financial professional can provide you with more information about those variations.

**Purchasing a Contract**

We offer the Contract to individuals, certain retirement plans, and other entities. To purchase a Contract,

you, the Annuitant, and the Covered Person must be at least Age 21 and no older than Age 85.

The Contract is sold through financial professionals. To start the purchase process, you must submit an

application to your financial professional. The Purchase Payment must either be paid at the Company's

Administrative Office or delivered to your financial professional. Your financial professional will then

forward your completed application and Purchase Payment (if applicable) to us. The selling firm's

determination of whether the Contract is suitable for you may delay our receipt of your application. Any

such delays will affect when we issue your Contract.

If the application for a Contract is properly completed and is accompanied by all the information

necessary to process it, including payment of the Purchase Payment, the Purchase Payment will be

allocated to the Allocation Options you choose on the next available Contract Issue Date.

After we receive a completed application, Purchase Payment, and all other information necessary to

process a purchase order in Good Order, we will begin the process of issuing the Contract on the next

Contract Issue Date available. The Purchase Payment will allocated as described under "<u>[Allocating Your](#i388c1875ee1f40f5908b92f7a61d79b1_61)</u> 

<u>[Purchase Payment](#i388c1875ee1f40f5908b92f7a61d79b1_61)</u>."

**IMPORTANT: You may use the Contract with certain tax qualified retirement plans ("IRA"). The** 

**Contract includes attributes such as tax deferral on accumulated earnings. Qualified retirement** 

**plans provide their own tax deferral benefit; the purchase of this Contract does not provide** 

**additional tax deferral benefits beyond those provided in the qualified retirement plan.** 

**Accordingly, if you are purchasing this Contract through a qualified retirement plan, you should** 

**consider purchasing the Contract for its other features and other non-tax related benefits. Please** 

**consult a tax advisor for information specific to your circumstances to determine whether the** 

**Contract is an appropriate investment for you.**

If mandated by applicable law, including Federal laws designed to counter terrorism and prevent money

laundering, we may be required to reject your Purchase Payment. We may also be required to provide

additional information about you or your Contract to government regulators. In addition, we may be

required to block an Owner's Contract and thereby refuse to honor any request for transfers, partial

withdrawals, surrender, GLWB Payments, income payments, and Death Benefit payments, until

instructions are received from the appropriate government regulator.

**Tax-Free Section 1035 Exchanges**

You can generally exchange one annuity contract for another in a "tax-free exchange" under Section 1035

of the Internal Revenue Code. Before making an exchange, you should compare both contracts carefully.

Remember that if you exchange another contract for the one described in this Prospectus, you might

have to pay a Surrender Charge or negative market value adjustment on the existing contract. If the

exchange does not qualify for Section 1035 tax treatment, you may have to pay federal income tax and a

possible additional tax on your old contract. There will be a new Contract Issue Date for the purpose of

determining any Surrender Charges for this Contract, other charges may be higher (or lower), and the

benefits may be different. There may be delays in our processing of the exchange. You should not

exchange another contract for this one unless you determine, after knowing all the facts, that the

exchange is in your best interest. In general, the person selling you this Contract will earn a commission

from us.

**Owner**

The Owner is the person(s) (or entity) who own(s) the Contract and, in the case of a natural person(s),

whose death determines whether the Death Benefit is payable. While the Owner is living, the Owner is

also the person(s) (or entity) who receives income payments during the Payout Period while the Annuitant

is also living. If there are multiple Owners, each Owner will have equal ownership of the Contract and all

references to Owner will mean Joint Owners. Joint Owners are only allowed if the Owner and Joint Owner

are Spouses. Additionally, Joint Owners are only allowed for non-qualified annuities.

The Owner names the Annuitant or Joint Annuitants. If the Owner is not a natural person, a Joint Owner

and Joint Annuitant cannot be named. All rights under the Contract may be exercised by the Owner,

subject to the rights of any other Owner. Assignment of the Contract by the Owner is not permitted unless

the state in which the Contract is issued requires us to provide the Owner the right to assign the Contract,

as identified in <u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u>. In that case, the Owner must provide us with advance Written Notice of the

assignment, and the assignment is subject to our approval, unless those requirements are inconsistent

with the law of the state in which the Contract is issued.

The Owner may request to change the Owner at any time before the Payout Date. If a Joint Owner is

changed (or is named), the Joint Owner must be the Owner's Spouse. If an Owner is added or changed,

the amount that will be paid upon the death of the new Owner will be impacted as described in the "<u>[Death](#i388c1875ee1f40f5908b92f7a61d79b1_2457)</u> 

<u>[Benefit](#i388c1875ee1f40f5908b92f7a61d79b1_2457)</u>" section. The Guaranteed Lifetime Withdrawal Benefit may also be impacted as described in the

"<u>[Guaranteed Lifetime Withdrawal Benefit](#i388c1875ee1f40f5908b92f7a61d79b1_115)</u>" section. Any change of Owner must be made by Authorized

Request and is subject to our acceptance. We reserve the right to refuse such change on a non-

discriminatory basis. Unless otherwise specified by the Owner, such change, if accepted by us, will take

effect as of the date the Authorized Request was signed. We are not liable for any payment we make or

action we take before we receive the Authorized Request.

If an Owner who is a natural person dies during the Accumulation Period, your Beneficiary is entitled to a

Death Benefit. If you have a Joint Owner, the Death Benefit will be available when the first Joint Owner

dies. If there is a surviving Owner and he or she is the Spouse of the deceased, the surviving Spouse will

be treated as the sole primary Beneficiary, and any other designated Beneficiary will be treated as a

contingent Beneficiary.

**Divorce**

In the event of divorce, the former Spouse must provide us divorce distribution instructions using a form

satisfactory to us, and/or a copy of the divorce decree (or a qualified domestic relations order if it is a

qualified plan). The instruction form or terms of the decree/order must identify the Contract and specify

how the Contract Value should be allocated among the former Spouses.

**Annuitant**

The Annuitant is the natural person(s) whose life (or lives) determines the income payment amount

payable under the Contract. If the Owner is a natural person, the Owner may change the Annuitant at any

time provided it is at least 30 days before the Payout Date by Authorized Request. Unless otherwise

specified by the Owner, such change will take effect as of the date the Authorized Request was signed.

We are not liable for any payment we make or action we take before we receive the Authorized Request.

If you change the Annuitant, the Payout Date will not change. If the Owner is not a natural person, the

Annuitant cannot be changed. The Annuitant does not have any rights under the Contract.

**Covered Person**

The Covered Person(s) is the natural person(s) whose Age and lifetime we base the GLWB Percentage

and GLWB Payments on for the Guaranteed Lifetime Withdrawal Benefit.

You select the Covered Person(s) on the Contract Issue Date. Beginning May 25, 2024, you can add a

Covered Person prior to the GLWB Payment Start Date if there is only one Covered Person and there has

not been a spousal continuation. The added Covered Person must meet eligibility requirements under the

Contract. Requests to add a Covered Person must be received at least one Business Day prior to the

desired GLWB Payment Start Date. If a Covered Person is added, the GLWB Payment will be determined

using the new Covered Persons and could delay the earliest date that GLWB Payments can start if the

new Covered Person is younger than 50.

**After the Contract Issue Date, you cannot request to add, remove, or replace a Covered Person,** 

**even if you add or change an Owner, Annuitant, or Beneficiary except as described in this** 

**Prospectus.**

If there is a sole Owner of the Contract:

• The Owner can be a Covered Person.

• If the Owner and the sole primary Beneficiary are Spouses, the sole primary Beneficiary can also

be a Covered Person.

• If you select single life GLWB Payments, the Owner must be designated as the Covered Person.

If there are Joint Owners:

• Both Owners can be Covered Persons.

• The Owners must be Spouses.

• If you select single life GLWB Payments, either Owner can be designated as the Covered Person.

If the Owner is not a natural person:

• The Annuitant must be designated as the Covered Person.

• A joint Annuitant is not permissible.

• Joint GLWB Payments cannot be selected.

If one Covered Person is selected, you have elected single life option rates. If two Covered Persons are

selected, you have elected joint life option rates.

If a Covered Person is no longer an Owner, Joint Owner, Annuitant, or Beneficiary as required, we will

remove that person from the Guaranteed Lifetime Withdrawal Benefit, and they will no longer be a

Covered Person. Once we remove a Covered Person from the Guaranteed Lifetime Withdrawal Benefit,

the Covered Person cannot be reinstated (except if the person is added as a Covered Person in

accordance with the restrictions set forth above).

If at any time joint Covered Persons are no longer Spouses, you must send us notice of the divorce by

Authorized Request. Upon receipt of such notice, we will remove one former Spouse from the Contract as

a Covered Person as indicated by the divorce or settlement decree, as applicable.

If a Covered Person is removed and one Covered Person still remains, the following will occur:

• If the Owner is a natural person and joint GLWB Payments have already started, we will

continue to pay joint GLWB Payments to the Owner as long as the remaining Covered

Person is living.

• If the Covered Person was removed before the GLWB Payment Start Date, single life option

rates will be used unless a Covered Person is added as described in this Prospectus.

If a Covered Person is removed and there is no other Covered Person remaining, the Guaranteed

Lifetime Withdrawal Benefit will terminate and GLWB Payments will cease.

**Beneficiary**

The Beneficiary is the person(s) (or entity) named by you to receive the proceeds payable upon your

death. If there are Joint Owners and an Owner dies before the Payout Date, the surviving Spouse Owner

will be treated as the sole primary Beneficiary and any other designated Beneficiary will be treated as a

contingent Beneficiary. Prior to the Payout Date, if no Beneficiary survives the Owner, the proceeds will

be paid to the Owner's estate. If there is more than one Beneficiary, each Beneficiary will receive an equal

share of the Death Benefit, unless otherwise specified by the Owner. If there are Joint Owners and we are

unable to determine that one of the Joint Owners predeceased the other, we will treat the Joint Owners as

having died simultaneously. In that case, one-half of the Death Benefit will be payable to each Joint

Owner's estate.

You may change the Beneficiary by an Authorized Request sent to us, or you may name one or more

Beneficiaries. A change of Beneficiary will take effect on the date the Authorized Request was signed. If

there are Joint Owners, each Owner must sign the Authorized Request. In addition, any Irrevocable

Beneficiary or assignee must sign the Authorized Request. We are not liable for any payment we make or

action we take before we receive the Authorized Request.

Use care when naming Beneficiaries. If you have any questions concerning the criteria you should use

when choosing Beneficiaries, consult your financial professional.

**Right to Examine**

You may cancel your Contract and return it to your financial professional or to us within a certain number

of days after you receive the Contract and receive a refund of either the Purchase Payment you paid less

withdrawals or your Contract Value, depending on the state in which your Contract was issued. If the

Contract Value exceeds your Purchase Payment, you will receive the Contract Value regardless of where

the Contract was issued. If the Purchase Payment exceeds the Contract Value, the refund will be your

Contract Value unless the state in which the Contract was issued requires that the Purchase Payment

less withdrawals be returned. If your Contract is an IRA, we will refund the greater of your Purchase

Payment less withdrawals or your Contract Value. Generally, you must return your Contract within 10

days of receipt (30 days if it is a replacement contract), but some states may permit a different period for

you to return your Contract. Refunds will not be subject to a Surrender Charge or Market Value

Adjustment and will be paid within seven days following the date of cancellation. State variations are

described in <u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u>. If you cancel your Contract by exercising your Right to Examine and attempt to

purchase a substantially similar Contract the Company may refuse to issue the second Contract.

**ALLOCATING YOUR PURCHASE PAYMENT**

**Purchase Payment**

The minimum Purchase Payment for a Contract is $10,000. The Company does not allow additional

Purchase Payments. A Purchase Payment for a Contract, or Purchase Payments for multiple Contracts

owned by the same individual, that equals or exceeds $2 million requires our prior approval, which may

be withheld at our sole discretion.

If the application for a Contract is in Good Order at least two Business Days prior to the next available

Contract Issue Date, which includes our receipt of the Purchase Payment, we will issue the Contract on

the next available Contract Issue Date. Contract Issue Dates offered by the Company are currently the

10<sup>th</sup> and 25<sup>th</sup> of each month unless those days fall on a non-Business Day. In that case, we issue the

Contract on the next Business Day with an effective Contract Issue Date of the 10<sup>th</sup> or 25<sup>th</sup>. Please note

that during the time period between the date your Purchase Payment is delivered to us and the next

available Contract Issue Date, we will hold your Purchase Payment in our General Account and will not

pay interest on it. Thus, during that time period, your Purchase Payment will not be allocated to either the

Risk Control Account or the Declared Rate Account.

**Allocation Options**

On the Contract Issue Date, your Purchase Payment and Contract Value will be allocated according to

your allocation instructions on file with us for the applicable Allocation Levels. The availability of Allocation

Options may vary by state and depending on the broker-dealer through which the Contract is sold. **See** 

**<u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u>**. There are two Allocation Levels available under the Contract:

• At Level A (Allocation Option Level), you choose the allocation percentages for the Declared Rate

Account and available Risk Control Accounts for each reference Index;

• At Level R (Risk Control Account Level), you provide further allocation instructions for the amounts

you allocated to the Risk Control Accounts by splitting the allocation among Secure and Growth Risk

Control Accounts with the same reference Index.

You must specify the percentage of your Purchase Payment to be allocated to each Allocation Option on

the Contract Issue Date. The amount you allocate must be in whole percentages from 0% to 100% of the

Purchase Payment, and your total allocation must equal 100% for each Allocation Level. The Purchase

Payment will be allocated on the Contract Issue Date to the Allocation Options (according to the allocation

instructions on file with us for Level A and Level R). If you do not indicate your allocations on the

application, our Administrative Office will attempt to contact your financial professional and/or you for

clarification. We will not issue the Contract without your allocation instructions.

---

| | | | |
|:---|:---|:---|:---|
| **Allocation Options for Contracts issued prior to May 25, 2024** | **Allocation Options for Contracts issued prior to May 25, 2024** | **Allocation Options for Contracts issued prior to May 25, 2024** | **Allocation Options for Contracts issued prior to May 25, 2024** |
| **Interest** <br>**Term\***<br>| **Level A**<br>**Allocation Option Level**<br>| **Level R**<br>**Risk Control Account Level**<br>| **Crediting Strategy\*\*** |
| 1 year | Declared Rate | N/A | Fixed Interest Rate <br>(guaranteed for 6 years)<br>|
| 1 year | S&P 500 Index | Secure Account | 0% Floor, Cap |
| 1 year | S&P 500 Index | Growth Account | -10% Floor, Cap |
| 1 year | Russell 2000 Index | Secure Account | 0% Floor, Cap |
| 1 year | Russell 2000 Index | Growth Account | -10% Floor, Cap |
| 1 year | MSCI EAFE Index | Secure Account | 0% Floor, Cap |
| 1 year | MSCI EAFE Index | Growth Account | -10% Floor, Cap |

---

---

| | | | |
|:---|:---|:---|:---|
| **Allocation Options for Contracts issued on or after May 25, 2024** | **Allocation Options for Contracts issued on or after May 25, 2024** | **Allocation Options for Contracts issued on or after May 25, 2024** | **Allocation Options for Contracts issued on or after May 25, 2024** |
| **Interest** <br>**Term\***<br>| **Level A**<br>**Allocation Option Level**<br>| **Level R**<br>**Risk Control Account Level**<br>| **Crediting Strategy\*\*** |
| 1 year | Declared Rate | N/A | Fixed Interest Rate <br>(guaranteed for 1 year)<br>|
| 1 year | S&P 500 Index | Secure Account | 0% Floor, Cap |
| 1 year | S&P 500 Index | Growth Account | -10% Floor, Cap |
| 1 year | Dimensional US Small Cap <br>Value Systematic Index | Secure Account | 0% Floor, Cap |
| 1 year | Dimensional US Small Cap <br>Value Systematic Index | Growth Account | -10% Floor, Cap |

---

---

| | | | |
|:---|:---|:---|:---|
| 1 year | Barclays Risk Balanced Index | Secure Account | 0% Floor, Cap |
| 1 year | Barclays Risk Balanced Index | Growth Account | -10% Floor, Cap |
| 1 year | MSCI EAFE Index | Secure Account | 0% Floor, Cap |
| 1 year | MSCI EAFE Index | Growth Account | -10% Floor, Cap |

---

\*The period for which interest is calculated for an Allocation Option.

\*\*The Declared Rate Account Interest Rate will never be below the Minimum Interest Rate. The Floor will not change during the life

of your Contract. We set the Cap each year for the next Contract Year. In return for accepting some risk of loss to your Risk

Control Account Value allocated to the Growth Account, the Cap for the Growth Account is higher than the Cap for the Secure

Account. The Cap will always be at least 1%.

For the Declared Rate Account, we credit interest daily based on a fixed annual interest rate. For each

Risk Control Account, we credit interest at the end of each Contract Year based in part on the

performance of an external index by comparing the change in the Index from each Contract Anniversary

(the first day of the Contract Year) to the last day of the Contract Year. On each Contract Anniversary, as

part of automatic rebalancing, we will reallocate your Contract Value based on your most recent allocation

instructions that we have on file. Although you may reallocate among Allocation Options each year,

Excess Withdrawals and surrenders on any date other than each sixth Contract Anniversary may be

subject to a Market Value Adjustment and Surrender Charge.

Transactions that are scheduled to occur on a day that the Accumulation Credit Factor for a Risk Control

Account is not available will be processed on the next Business Day at the Accumulation Credit Factor for

the Risk Control Account next determined.

**Reallocations - Automatic Rebalance Program**

On each Contract Anniversary during the Accumulation Period, as part of automatic rebalancing, we will

reallocate your Contract Value based on your most recent allocation instructions that we have on file. We

will send you written notice at least two weeks prior to the Contract Anniversary. This notice will describe

the Owner's right to transfer Contract Value between Allocation Options, as permitted by the Contract,

and the right to exercise the Bailout Provision, if applicable.

Allocation instructions can be updated by Authorized Request at any time and will be effective on the next

Contract Anniversary if received at least one Business Day prior to the Contract Anniversary. If we do not

receive such request at least one Business Day prior to the Contract Anniversary, your change in

allocation instructions will not be effective until the next Contract Anniversary. No Surrender Charge or

Market Value Adjustment will apply to automatic rebalancing. Any new allocation change request will

supersede any prior allocation change requests made. Owners cannot discontinue the automatic

rebalancing of Contract Value on Contract Anniversaries.

For example, assume Level A allocations are 80% to Risk Control Accounts that use the S&P 500 Index

as a reference Index and 20% to the Declared Rate Account. Assume Level R allocations for the S&P 500

Index are 40% to the Secure Account and 60% to the Growth Account. If on the Contract Anniversary the

total Contract Value is $100,000, then after rebalancing, $80,000 will be allocated to Risk Control

Accounts that use the S&P 500 Index (80% x $100,000) and $20,000 will be allocated to the Declared

Rate Account (20% x $100,000). Then, within Risk Control Accounts that use the S&P 500 Index, $32,000

will be allocated to the Secure Account (40% x $80,000) and $48,000 will be allocated to the Growth

Account (60% x $80,000).

Please note that at any time the Cap for your Risk Control Account is less than the rate specified in the

Bailout Provision (as shown on the Contract Data Page), we may, at our discretion, restrict allocations into

that Risk Control Account under the automatic rebalancing program. See "<u>[Risk Control Account Option](#i388c1875ee1f40f5908b92f7a61d79b1_79)</u>[–](#i388c1875ee1f40f5908b92f7a61d79b1_112)

[Bailout Provision](#i388c1875ee1f40f5908b92f7a61d79b1_112)" for more details.

**DECLARED RATE ACCOUNT OPTION**

You may allocate all or a portion of your Purchase Payment and Contract Value to the Declared Rate

Account. Contract Value allocated to the Declared Rate Account becomes part of the Declared Rate

Account Value and is credited with interest at the end of each business day. The applicable daily

interest credited, when compounded, equals the Interest Rate. For Contracts issued before May 25,

2024, the Interest Rate will not change for six years. For Contracts issued on or after May 25, 2024,

the Interest Rate will not change for one year. We may declare a new Interest Rate for each

subsequent term, and we will notify you of any applicable change to the Interest Rate at least two

weeks prior to such change. Information about the features of each currently offered fixed option,

including its name, term, and minimum interest rate, are set forth in <u>[Appendix A](#i388c1875ee1f40f5908b92f7a61d79b1_2487)</u>.

The Interest Rate declared will never be less than the Minimum Interest Rate, which is determined as

follows:

• For Contracts issued before May 25, 2024, the Minimum Interest Rate will not change during

the life of the Contract. The guaranteed Minimum Interest Rate is 0.25%.

• For Contracts issued on or after May 25, 2024, the Minimum Interest Rate will be determined

on the Contract Issue Date and every sixth Contract Anniversary based on the calendar

quarter in which the Issue Date or Contract Anniversary falls. The Minimum Interest Rate will

apply for six years and then will be recalculated for the next six-year period. The Minimum

Interest Rate will never be less than the lesser of:

a)3%; or

b) The interest rate determined as the greater of: (1) The average of the three

applicable monthly five-year Constant Maturity Treasury (CMT) rates reported by the

Federal Reserve rounded to the nearest 0.05%, as described below, minus 1.25%; or

(2) The nonforfeiture interest rate floor required by the National Association of

Insurance Commissioners (NAIC) Standard Nonforfeiture Law for Individual Deferred

Annuities, 0.15%.

The three monthly five-year Constant Maturity Treasury rates used in the calculation above are as

follows:

• The prior September, October, and November monthly five-year CMT rates will be used to

determine the first quarter interest rate that is effective each January 1;

• The prior December, January, and February monthly five-year CMT rates will be used to

determine the second quarter interest rate that is effective each April 1;

• The prior March, April, and May monthly five-year CMT rates will be used to determine the

third quarter interest rate that is effective each July 1; and

• The prior June, July, and August monthly five-year CMT rates will be used to determine the

fourth quarter interest rate that is effective each October 1.

**Your Declared Rate Account Value must remain in the Declared Rate Account for the entire six** 

**year period to avoid the imposition of Surrender Charges and a Market Value Adjustment.** 

**Although you may reallocate among Allocation Options each year, Excess Withdrawals and** 

**surrenders on any date other than each sixth Contract Anniversary may be subject to a Market** 

**Value Adjustment and Surrender Charge. Therefore, this Contract may not be appropriate for you** 

**if you plan to take Excess Withdrawals or surrender your Contract before the expiration of each** 

**six-year term.**

**RISK CONTROL ACCOUNT OPTION**

You may allocate all or a portion of your Purchase Payment and Contract Value to the Risk Control

Accounts we make available. The portion of the Contract Value allocated to a Risk Control Account

becomes part of the Risk Control Account Value. Information about the features of each currently offered

Risk Control Account, including its name, a brief statement describing the assets that the Index seeks to

track, its crediting period, its Floor, and its Cap, are set forth in <u>[Appendix A](#i388c1875ee1f40f5908b92f7a61d79b1_2487)</u>.

**Risk Control Account Period and Crediting Interest**

The portion of your Contract Value allocated to a Risk Control Account is credited with interest, if any, at

the end of each Contract year based in part on the investment performance of an external index by

comparing the change in the Index from each Contract Anniversary (the first day of the Contract Year) to

the last day of the Contract Year, subject to the applicable Floor and Cap. When funds are withdrawn from

a Risk Control Account prior to the Contract Anniversary for a surrender, partial withdrawal, annuitization,

GLWB Payments or Death Benefit payment, index interest is calculated up to the date of withdrawal. For

examples illustrating how we credit interest to the Risk Control Accounts, see "<u>[Contract Value - Risk](#i388c1875ee1f40f5908b92f7a61d79b1_82)</u> 

<u>[Control Account Value](#i388c1875ee1f40f5908b92f7a61d79b1_82)</u>."

**It is possible that you will not earn any interest in a Risk Control Account or that we may credit** 

**negative interest to the Growth Account. There is a risk of loss of principal and previously** 

**credited interest with the Growth Account of up to 10% (with a Floor of -10%) each Contract Year** 

**due to negative Index performance.**

**Your Risk Control Account Value must remain in a Risk Control Account for the entire six year** 

**period to avoid the imposition of Surrender Charges and a Market Value Adjustment. Although** 

**you may reallocate among Allocation Options each year, Excess Withdrawals and surrenders on** 

**any date other than each sixth Contract Anniversary may be subject to a Market Value Adjustment** 

**and Surrender Charge. Therefore, this Contract may not be appropriate for you if you plan to take** 

**Excess Withdrawals or surrender your Contract before the expiration of each six-year term.**

**The Indices**

Each reference Index can go up or down based on the prices of the underlying securities that comprise

the Index. We currently offer the following reference Indices:

---

| | |
|:---|:---|
| **<u>Contracts Issued before May 25, 2024</u>** | **<u>Contracts Issued on or after May 25, 2024</u>** |
| S&P 500 Price Return Index<br>Russell 2000 Price Return Index<br>MSCI EAFE Price Return Index<br>| S&P 500 Price Return Index<br>Dimensional US Small Cap Value Systematic Index<br>MSCI EAFE Price Return Index<br>Barclays Risk Balanced Index<br>|

---

The **S&P 500 Price Return Index** is a stock market index based on the market capitalizations of 500

leading companies publicly traded in the U.S. stock market, as determined by Standard & Poor's.

The **Russell 2000 Price Return Index** is a stock market index that measures the performance of the

small-cap segment of the US equity universe. The Russell 2000 Index is a subset of the Russell 3000

Index representing approximately 7% of the total market capitalization of that index as of the date of this

Prospectus. It includes approximately 2,000 of the smallest securities based on a combination of their

market cap and current index membership.

The **MSCI EAFE Price Return Index** is a stock market index which is designed to measure the equity

market performance of developed markets excluding the U.S. and Canada. As of the date of this

Prospectus, it captures large and mid-cap representation across 21 developed markets countries:

Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan,

the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, and the UK.

The **Dimensional US Small Cap Value Systematic Index** is designed to capture the returns associated

with the US small cap value premium, the tendency for smaller company and value stocks to outperform

larger company and growth stocks over time. The Index includes stocks within the smallest 8% of the US

market down to $100 million in market capitalization with relative prices in the lowest 40% when ranked

by price to book. Within this universe, the index is designed to target higher-expected-return securities by

excluding stocks with lower profitability or high asset growth. The Index uses information in market prices

to systematically pursue higher expected returns in a broadly diversified manner.

The **Barclays Risk Balanced Index** allocates between equities and fixed income using the principles of

Modern Portfolio Theory using a 10% volatility (risk) target, which seeks to maximize the expected return

based on a given level of market risk. Equities consist of an equally weighed portfolio of 50 US stocks that

have shown low volatility during the past year. To ensure sector diversification, there can be no more than

10 securities per sector. Dividends are reinvested. For fixed income, the Index provides exposure to three

indices tracking the 2, 5, and 10-year US Treasury futures, equally weighted. The Index may allocate up

to 225% of total exposure to its components; when the portfolio exposure is greater than 100%, negative

performance of the portfolio will be magnified and the level of the Index may decrease significantly.

An investment in a Risk Control Account is not an investment in the Index or in any Index fund.

• 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. These deductions will reduce Index performance, and the Index will

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

The Index Return is determined on each Contract Anniversary and is measured over the Contract Year.

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 Contract Year.

**Limits on Index Losses and Gains**

Each Risk Control Account has two investment options, a Secure Account and a Growth Account, which

have different Floors and Caps. During the life of your Contract, an Allocation Option with a Floor of 0%

will always be available, and we will continue to make a Secure Account and Growth Account option

available for each Risk Control Account that is available to you. These features may provide protection by

limiting the amount of negative interest credited to you for negative Index performance, but they also may

limit the amount you can earn from positive Index performance.

The Floor is the maximum amount of negative index interest we will credit you at the end of a Contract

Year, prior to the deduction of the Contract Fee and GLWB Rider Fee. Negative Index performance will

reduce your Risk Control Account Value by up to the amount of the Floor. For example, if the reference

Index performance is -25% and the Floor is -10%, we will credit -10% in interest at the end of the Contract

Year, meaning your Risk Control Account Value will decrease by 10% due to negative Index performance.

The Secure Account has a Floor of 0% and the Growth Account has a Floor of -10%. This rate will not

change during the life of your Contract. For the Secure Account, this means that negative investment

performance of the Index would not reduce your Contract Value; and for the Growth Account, this means

that negative investment performance of the Index not reduce your Risk Control Account Value at the end

of a Contract Year by more than 10%, even if such negative investment performance is worse than -10%.

However, the Floor does not limit losses from the Contract Fee, the GLWB Rider Fee, Surrender Charges,

Market Value Adjustment, or taxes.

The Cap is the maximum amount of positive index interest we will credit you at the end of a Contract Year,

prior to the deduction of the Contract Fee and GLWB Rider Fee. Positive Index performance will increase

your Risk Control Account Value by up to the amount of the Cap. For example, if the reference Index

performance is 12% and the Cap is 4%, we will credit 4% in interest at the end of the Contract Year,

meaning your Risk Control Account Value will increase by 4% due to positive Index performance. In return

for accepting some risk of loss to your Contract Value allocated to the Growth Accounts, the Caps

declared for the Growth Account will be higher than the Caps declared for the Secure Account for the

same period and reference Index, which allows the potential for a higher positive increase in Contract

Value for the Growth Account.

The initial Cap is available at least two weeks in advance of the Contract Issue Date and will be provided

by your financial professional or by calling the Company at 1-800-798-5500. We declare new Caps for

each Contract Year, which we guarantee for the next Contract Year. We will forward advance written

notice to Owners of any change in the Cap for the subsequent Contract Year at least two weeks prior to

Contract Anniversary. This notice will describe the Owner's right to update allocation instructions to

transfer Contract Value between Allocation Options as part of automatic rebalancing and the right to

exercise the Bailout Provision, if applicable. The minimum Cap is 1%. The current Caps being offered for

new Contract Years of the available Risk Control Account Options can be located at the following publicly

accessible website: https://www.trustage.com/zone-income-annuity-rates. The rates posted on that

website address are incorporated by reference into this prospectus.

We consider various factors in determining the Caps and Floors, including investment returns available at

the time that we issue the Contract, the costs of our risk management techniques, sales commissions,

administrative expenses, regulatory and tax requirements, general economic trends, and competitive

factors. We determine the Cap and the Floor at our sole discretion. Before you select a Risk Control

Account for investment, you should consider whether the Cap is acceptable to you in return for the

protection from negative returns provided by the Floor and whether the Floor is consistent with your risk

tolerance and investment goals.

**Index Annual Return Examples**

**The bar charts shown below provide the annual returns for each Index for the last 10 calendar** 

**years (or for the life of the Index if less than 10 years), as well as the Index returns for each Index** 

**after applying a hypothetical 5% Cap and a hypothetical -10% Floor. The charts illustrate the** 

**variability of the returns from year to year and show how hypothetical limits on Index gains and** 

**losses may affect these returns. Past performance is not necessarily an indication of future** 

**performance.**

**The performance below is NOT the performance of any Risk Control Account. Your performance** 

**under the Contract will differ, perhaps significantly. The performance below may reflect a different** 

**return calculation, time period, and limit on Index gains and losses than the Risk Control** 

**Accounts, and does not reflect Contract fees and charges, including the Contract Fee, GLWB** 

**Rider Fee, Surrender Charges and the Market Value Adjustment, which reduce performance.**

![S P 500 Index.jpg](ck0001562577-20260414_g1.jpg)

![Russell 2000 Index.jpg](ck0001562577-20260414_g2.jpg)

![MSCI EAFE Index.jpg](ck0001562577-20260414_g3.jpg)

![Barclays Risk Balanced Index.jpg](ck0001562577-20260414_g4.jpg)

![Dimensional Floor.jpg](ck0001562577-20260414_g5.jpg)

\* *Except for the Barclays Risk Balanced Index, each Index is a "price return" index, not a "total return" index, and therefore the* 

*performance of the Index does not reflect dividends declared by any of the companies included in the Index, reducing the Index* 

*return. As a result, the Index will underperform a direct investment in the securities composing the Index.*

*\*\* The Barclays Risk Balanced Index reinvests dividends but deducts certain fees. These deductions will reduce Index performance,* 

*and the Index will underperform similar portfolios from which these fees and costs are not deducted.*

**Bailout Provision** 

We will set a single Bailout Rate for all Risk Control Accounts under the Secure Account and a single

Bailout Rate for all Risk Control Accounts under the Growth Account. The Bailout Rate for Risk Control

Accounts under the Secure Account option will range from 1.5% to 10%, and the Bailout Rate for Risk

Control Accounts under the Growth Account option will range from 2.0% to 25%. The Bailout Rates will be

prominently displayed on your Contract Data Page and will not change during the life of your Contract. If

at any time, the Cap for your Risk Control Account is less than the Bailout Rate specified on your Contract

Data Page, we may, at our discretion, restrict allocations into that Risk Control Account. Allocation

instructions that include allocations to a Risk Control Account that is not available will be considered not in

Good Order and new instructions will be required.

If the Cap for your Risk Control Account is set <u>below</u> the Bailout Rate for that Risk Control Account, the

Bailout Provision allows you to make a withdrawal of some or all of the Contract Value from that Risk

Control Account during the 30-day period following the Contract Anniversary, without incurring any

Surrender Charge and without the application of a Market Value Adjustment. (If the Cap <u>equals</u> or is more

than the Bailout Rate, you cannot withdraw Risk Control Account Values under the Bailout Provision. For

example, if the Bailout Rate for the Secure Account is set at 1.50% and the Cap for the Secure Account is

set at 1.50%, you would not be eligible to withdraw under the Bailout Provision.)

You will receive at least two weeks' advance notice of new Caps prior to each Contract Anniversary. The

notice of new Caps will also inform you if the Bailout Provision has been triggered for any Risk Control

Account. We must receive your Authorized Request for a withdrawal of Contract Value under the Bailout

Provision during the 30-day period following the Contract Anniversary. A withdrawal under the Bailout

Provision will reduce the GLWB Benefit Base, which is used to determine the GLWB Payment, and the

Purchase Payment, which is used to determine the Death Benefit, perhaps by more than the amount of

withdrawal.

If the Bailout Provision has been triggered for a Risk Control Account and we do not receive instructions

to withdraw those funds within this 30-day period or the request is not in Good Order, the funds will

remain in that Risk Control Account and withdrawals or surrenders for the remainder of the Contract Year

may be subject to a Market Value Adjustment and Surrender Charge.

***Withdrawals taken under the Bailout Provision may have tax consequences.*** The tax treatment of a

withdrawal under the Bailout Provision depends on whether the Contract is a Non-Qualified Contract or a

Qualified Contract. Generally, for a withdrawal from a Non-Qualified Contract, the amount received will be

treated as ordinary income subject to tax up to an amount equal to the excess (if any) of the Contract

Value immediately before the distribution over the Owner's investment in the Contract. If the Contract is a

Qualified Contract, the withdrawal is taxable as ordinary income. If taken prior to age 59½, a withdrawal

from either a Non-Qualified or a Qualified Contract may be subject to a 10% additional tax. See

discussion of "Taxation of Withdrawals" under "<u>[Federal Income Tax Matters](#i388c1875ee1f40f5908b92f7a61d79b1_154)</u>."

**Risk Control Account and Index Changes**

We may offer additional Allocation Options or discontinue an Allocation Option at our discretion as of the

end of the Contract Year. There is no guarantee that an Allocation Option or Index will be available during

the entire time you own your Contract. **We reserve the right to add or substitute an Index. If we** 

**substitute the Index, the performance of the new Index may differ from the original Index. This, in** 

**turn, may affect the Index interest you earn. If there is a delay between the date we remove the** 

**Index and the date we add a substitute Index, your Risk Control Account Value will be based on** 

**the value of the Index on the date the Index ceased to be available, which means market changes** 

**during the delay will not be used to calculate the Index interest.**

Generally, the Index associated with a given Risk Control Account will remain unchanged for the duration

of the Contract Year. However, if an Index is discontinued or the calculation of that Index is materially

changed during a Contract Year, we may substitute a suitable Index that will be used for the remainder of

the Contract Year. Examples of such material changes to the Index include, without limitation: a

contractual dispute between us and the Index provider, changes that make it impractical or too expensive

to purchase derivatives to hedge the Index, or changes that result in significantly different Index Values or

performance.

If we remove an Index, we will attempt to add a suitable alternative index that is substantially similar to the

Index being replaced on the same day that we remove the Index. To determine the Index Return, we will

add (1) the percentage change in the Index from the beginning of the Contract Year to the date on which

the Index became unavailable; and (2) the percentage change for the substitute Index from the date of

substitution until the next Contract Anniversary.

If we are unable to substitute a new Index at the same time an Index ceases to be available, there may be

a brief interval between the date on which we remove the Index and add a substitute index. In this

situation, your Contract Value will continue to be allocated to the Risk Control Accounts. However, during

the interim period, your Contract Value will be based on the percentage change in the Index from the

beginning of the Contract Year to the date on which the Index became unavailable under the Contract,

which means market changes during the delay will not be used to calculate your Risk Control Account

Value.

In the unlikely event that an Index is discontinued during a Contract Year, and we do not provide a

substitute Index, we may discontinue the relevant Allocation Option. We will credit interest from the

beginning of the Contract Year until the date the Allocation Option is discontinued using the percentage

change in the Index from the beginning of the Contract Year to the date on which the Index became

unavailable. The resulting Risk Control Account Value will be transferred to the S&P 500 Index Secure

Account for the remainder of the Contract Year, where the Index Return is determined as the percentage

change in the Index from the date of substitution until the next Contract Anniversary. The amount of

interest you earn in the S&P 500 Index Secure Account may be less than the amount you would have

earned in the Risk Control Account at the end of the Contract Year. If there is a delay between the date

we remove the Index and the date we transfer value, your Risk Control Account Value prior to the transfer

will be based on the value of the Index on the date the Index ceased to be available, which means market

changes during the delay will not be used to calculate the Index Return.

Such changes will be subject to any required regulatory approval, such as any required approval of the

Index by the insurance department in your state.

We will notify you of an Allocation Option or Index change and its effective date by sending you written

notice at your last known address. If your allocation instructions include an Allocation Option that is

discontinued and we do not receive new allocation instructions by Authorized Request at least one

Business Day prior to your Contract Anniversary, we will apply the value that would have otherwise been

allocated to the discontinued Allocation Option to the Declared Rate Account or to the S&P 500 Index

Secure Account if the Declared Rate Account is not available in your state.

**An Index or Allocation Option Change may negatively affect interest credited and your resulting** 

**Contract Value, as well as how you want to allocate Contract Value between available Allocation** 

**Options.**

**CONTRACT VALUE**

On the Contract Issue Date, your Contract Value equals the Purchase Payment. After the Contract Issue

Date, during the Accumulation Period, your Contract Value will equal the total Risk Control Account Value

plus the total Declared Rate Account Value.

**Declared Rate Account Value**

The Declared Rate Account Value is equal to:

• The amount initially allocated to the Declared Rate Account plus the interest subsequently

credited to that amount; less

• Any withdrawals (including any Surrender Charge and negative Market Value Adjustment); less

• Any transfers as part of automatic rebalancing; less

• The Pro Rata portion of any applicable fees or charges under the Contract; plus

• Any positive Market Value Adjustment from a withdrawal.

We do not assess a Contract Fee against Contract Value held in the Declared Rate Account. The GLWB

Rider Fee and any other fees will be assessed Pro Rata.

**Risk Control Account Value**

The Risk Control Account Value for each Risk Control Account is equal to:

• The number of that Risk Control Account's Accumulation Credits credited to you; *multiplied by*

• The Accumulation Credit Factor for that Risk Control Account at the end of the Valuation Period

for which the determination is being made.

***Accumulation Credit Factors.*** The Accumulation Credit Factor for each Risk Control Account is

arbitrarily set initially at $10 as of the first day of each six-year term. Thereafter, the Accumulation Credit

Factor for the Risk Control Account at the end of each Valuation Period is determined by multiplying (a) by

(b) and subtracting (c) (i.e., a x b – c), where:

(a)= The Accumulation Credit Factor for the Risk Control Account at the start of the Contract

Year; and

(b)= The Index Return (defined below); and

(c)= The Risk Control Account Daily Contract Fee (defined below) multiplied by the number of

days that have passed since the last Contract Anniversary.

The Index Return for each Risk Control Account on any Business Day is equal to the change in the Index

for the current Contract Year, adjusted for the Cap or Floor. Specifically, it is calculated as (A / B), where:

A= Adjusted Index Value (defined below) as of the current Business Day; and

B= The Initial Index Value as of the start of the current Contract Year. If a Contract Anniversary

does not fall on a Business Day, the Initial Index Value for the next Business Day will be used.

We use the Index Return to determine the interest we credit, if any, to the Risk Control Account Value.

The "Adjusted Index Value" is the Closing Index Value adjusted for the Cap or Floor for the current

Contract Year. The Adjusted Index Value is calculated each time the Index Return is calculated. This can

be as frequently as daily and occurs on each Contract Anniversary or on any date when a partial

withdrawal, GLWB Payment, surrender, Death Benefit or annuitization is processed. The Closing Index

Value is the closing value of an Index as of a Business Day. If the closing value of the Index is not

published on that date, we will use the closing value of the Index from the next day on which the closing

value of the Index is published. The Adjusted Index Value for each Risk Control Account is calculated as

follows:

• If the Closing Index Value is *greater than* the Initial Index Value *multiplied by* (1 + Cap), then the

Adjusted Index Value will equal the Initial Index Value *multiplied by* (1 + Cap).

• If the Closing Index Value is *less than* the Initial Index Value *multiplied by* (1 + Floor), then the

Adjusted Index Value will equal the Initial Index Value *multiplied by* (1 + Floor).

• If the Closing Index Value is *less than* the Initial Index Value *multiplied by* (1 + Cap) but *more than* 

the Initial Index Value *multiplied by* (1 + Floor), then the Adjusted Index Value will equal the

Closing Index Value.

For example, assume the following:

• Initial Index Value = 2,000

• Cap = 15%

• Floor = -10%

At the time the Index Return is calculated, the Adjusted Index Value will be:

• Scenario 1: Closing Index Value is *greater than* Initial Index Value *multiplied by* (1 + Cap)

oClosing Index Value = 2,400

o2,400 is greater than 2,300 (2,000 x (1 + 0.15)) so the Adjusted Index Value is equal to

2,300.

• Scenario 2: Closing Index Value is *less than* Initial Index Value *multiplied by* (1 + Floor)

oClosing Index Value = 1,700

o1,700 is less than 1,800 (2,000 x (1 – 0.10)) so the Adjusted Index Value is equal to

1,800.

• Scenario 3: Closing Index Value is *less than* Initial Index Value *multiplied* by (1 + Cap) *but more* 

*than* Initial Index Value *multiplied* by (1 + Floor)

oClosing Index Value = 2,200

o2,200 is less than 2,300 (2,000 x (1 + 0.15)) and greater than 1,800 (2,000 x (1 – 0.10))

so the Adjusted Index Value is equal to 2,200.

The Adjusted Index Value will never exceed the Initial Index Value multiplied by (1 + Cap) and will never

be lower than the Initial Index Value multiplied by (1 + Floor).

The Risk Control Account Daily Contract Fee is calculated as (a) the Contract Fee divided by (b) the

number of days in the Contract Year multiplied by (c) the Accumulation Credit Factor for the Risk Control

Account at the start of the Contract Year (i.e., a / b x c).

For example, assume the following:

• Contract Fee = 0.75%

• Number of days in the Contract Year = 365

• Accumulation Credit Factor for the Risk Control Account at the start of the Contract Year = 10.00

Then, the Risk Control Account Daily Contract Fee = 0.75% / 365 x 10.00 = 0.000205479.

***Accumulation Credits.*** To establish a Risk Control Account, the Purchase Payment or Contract Value

transferred to the Risk Control Accounts is converted into Accumulation Credits. The number of

Accumulation Credits credited to each Risk Control Account is determined by dividing the dollar amount

directed to each Risk Control Account by the Accumulation Credit Factor as of the end of the Valuation

Period for which the Purchase Payment or Contract Value transfer is received.

We will redeem Accumulation Credits from a Risk Control Account upon: (i) partial withdrawal or full

surrender (including any applicable Surrender Charge and Market Value Adjustment); (ii) a transfer from

the Risk Control Account as part of automatic rebalancing; (iii) payment of the Death Benefit; (iv) the

Payout Date; (v) the deduction of the GLWB Rider Fee; and (vi) GLWB Payments. We redeem

Accumulation Credits as of the end of the Valuation Period in which we receive your Authorized Request

for surrender or partial withdrawal or your Beneficiary's request for payment of the Death Benefit unless

you or your Beneficiary specify a later date.

***Examples.*** The following three examples illustrate how investment performance of the reference Index of

the Secure and Growth Account is applied in crediting interest to the Risk Control Accounts through the

Accumulation Credit Factor based on different levels of Index performance. The change in the value of

the Accumulation Credit Factor reflects the application of the Index Return and a reduction for the

Contract Fee. No withdrawals are assumed to occur under these examples and all values are determined

on Contract Anniversaries. The examples assume the Caps remain unchanged since Contract issue. The

examples illustrate hypothetical circumstances solely for the purpose of demonstrating Risk Control

Account calculations and are not intended as estimates of future performance of the Index.

Example 1: This example illustrates how interest would be credited based on the return of the Index and

subject to the Cap and Floor. In this example, the return on the Index is greater than the Cap and Floor.

Assume the following information:

*As of the start of the Contract Year:*

• Initial Index Value: 1,000

• Contract Fee: 0.75%

• GLWB Rider Fee: 1.00%

• S&P 500 Secure Account

oAccount Value: $75,000

oAccumulation Credit Factor: $10

oAccumulation Credits: 7,500

oFloor: 0.00%

oCap: 6.00%

• S&P 500 Growth Account

oAccount Value: $25,000

oAccumulation Credit Factor: $10

oAccumulation Credits: 2,500

oFloor: -10.00%

oCap: 15.00%

*As of the Contract Anniversary:*

• Closing Index Value: 1,200

• Days in Contract Year: 365

• Average daily value of the GLWB Benefit Base for the prior Contract Year: $100,000

*Step 1:* Calculate the Adjusted Index Value

The Initial Index Value is 1,000 and the Closing Index Value is 1,200. The Closing Index Value is greater

than the Initial Index Value multiplied by the result of 1 plus the Cap for both the Secure and Growth

Accounts. Therefore, the Adjusted Index Value equals the Initial Index Value multiplied by the result of 1

plus the Cap. For the Secure Account, this is calculated as 1,000 multiplied by the result of 1 plus 0.06

which equals 1,060. For the Growth Account, this is calculated as 1,000 multiplied by the result of 1 plus

0.15 which equals 1,150.

*Step 2*: Calculate the Index Return

The Index Return is equal to the Adjusted Index Value divided by the Initial Index Value. For the Secure

Account, this is calculated as 1,060 divided by 1,000 which equals 1.06 (6% increase from Initial Index

Value). For the Growth Account, this is calculated as 1,150 divided by 1,000 which equals 1.15 (15%

increase from Initial Index Value).

*Step 3*: Calculate the Risk Control Account Daily Contract Fee

The Risk Control Account Daily Contract Fee is equal to the Contract Fee divided by the number of days

in the Contract Year multiplied by the Accumulation Credit Factor at the start of the Contract Year. For

both the Secure and Growth Accounts, this is equal to 0.75% divided by 365 multiplied by $10 which

equals $0.000205479.

*Step 4*: Calculate the Accumulation Credit Factor

The Accumulation Credit Factor is equal to the Accumulation Credit Factor at the start of the Contract

Year multiplied by the Index Return less the result of the Risk Control Account Daily Contract Fee

multiplied by the number of days that have passed since the last Contract Anniversary. For the Secure

Account, this is equal to $10 multiplied by 1.06 less the result of $0.000205479 multiplied by 365 which

equals $10.525. For the Growth Account, this is equal to $10 multiplied by 1.15 less the result of

$0.000205479 multiplied by 365 which equals $11.425.

*Step 5*: Calculate the Risk Control Account Value.

The Risk Control Account Value is equal to the number of Accumulation Credits multiplied by the ending

Accumulation Credit Factor. For the Secure Account, this is equal to 7,500 multiplied by $10.525 which

equals $78,937.50. For the Growth Account, this is equal to 2,500 multiplied by $11.425 which equals

$28,562.50. This is an increase of $3,937.50 for the Secure Account ($78,937.50 – $75,000 = $3,937.50)

and an increase of $3,562.50 for the Growth Account ($28,562.50 – $25,000 = $3,562.50). After the

$1,000 GLWB Rider Fee is deducted Pro Rata from each account, the Secure Account increased

$3,203.20 and the Growth Account increased $3,296.80.

Example 2: This example illustrates how interest would be credited based on the return of the Index and

subject to the Cap and Floor. In this example, the return on the Index is less than the Cap and greater

than the Floor.

Assume the following information:

*As of the start of the Contract Year:*

• Initial Index Value: 1,000

• Contract Fee: 0.75%

• GLWB Rider Fee: 1.00%

• S&P 500 Secure Account

oAccount Value: $75,000

oAccumulation Credit Factor: $10

oAccumulation Credits: 7,500

oFloor: 0.00%

oCap: 6.00%

• S&P 500 Growth Account

oAccount Value: $25,000

oAccumulation Credit Factor: $10

oAccumulation Credits: 2,500

oFloor: -10.00%

oCap: 15.00%

*As of the Contract Anniversary:*

• Closing Index Value: 1,030

• Days in Contract Year: 365

• Average daily value of the GLWB Benefit Base for the prior Contract Year: $100,000

*Step 1:* Calculate the Adjusted Index Value

The Initial Index Value is 1,000 and the Closing Index Value is 1,030. The Closing Index Value is less than

the Initial Index Value multiplied by the result of 1 plus the Cap, but it is more than the Initial Index Value

multiplied by the result of 1 plus the Floor for both the Secure and Growth Accounts. Therefore, the

Adjusted Index Value equals the Closing Index Value which is 1,030.

*Step 2*: Calculate the Index Return

The Index Return is equal to the Adjusted Index Value divided by the Initial Index Value. For the Secure

Account, this is calculated as 1,030 divided by 1,000 which equals 1.03 (3% increase from Initial Index

Value). For the Growth Account, this is calculated as 1,030 divided by 1,000 which equals 1.03 (3%

increase from Initial Index Value).

*Step 3*: Calculate the Risk Control Account Daily Contract Fee

The Risk Control Account Daily Contract Fee is equal to the Contract Fee divided by the number of days

in the Contract Year multiplied by the Accumulation Credit Factor at the start of the Contract Year. For

both the Secure and Growth Accounts, this is equal to 0.75% divided by 365 multiplied by $10 which

equals $0.000205479.

*Step 4*: Calculate the Accumulation Credit Factor

The Accumulation Credit Factor is equal to the Accumulation Credit Factor at the start of the Contract

Year multiplied by the Index Return less the result of the Risk Control Account Daily Contract Fee

multiplied by the number of days that have passed since the last Contract Anniversary. For the Secure

Account, this is equal to $10 multiplied by 1.03 less the result of $0.000205479 multiplied by 365 which

equals $10.225. For the Growth Account, this is equal to $10 multiplied by 1.03 less the result of

$0.000205479 multiplied by 365 which equals $10.225.

*Step 5*: Calculate the Risk Control Account Value.

The Risk Control Account Value is equal to the number of Accumulation Credits multiplied by the ending

Accumulation Credit Factor. For the Secure Account, this is equal to 7,500 multiplied by $10.225 which

equals $76,687.50. For the Growth Account, this is equal to 2,500 multiplied by $10.225 which equals

$25,562.50. This is an increase of $1,687.50 for the Secure Account ($76,687.50 – $75,000 = $1,687.50)

and an increase of $562.50 for the Growth Account ($25,562.50 – $25,000 = $562.50). After the $1,000

GLWB Rider Fee is deducted Pro Rata from each account, the Secure Account increased $937.50 and

the Growth Account increased $312.50.

Example 3: This example illustrates how interest would be credited based on the return of the Index and

subject to the Cap and Floor. In this example, the return on the Index is less than the Floor.

Assume the following information:

*As of the start of the Contract Year:*

• Initial Index Value: 1,000

• Contract Fee: 0.75%

• GLWB Rider Fee: 1.00%

• S&P 500 Secure Account

oAccount Value: $75,000

oAccumulation Credit Factor: $10

oAccumulation Credits: 7,500

oFloor: 0.00%

oCap: 6.00%

• S&P 500 Growth Account

oAccount Value: $25,000

oAccumulation Credit Factor: $10

oAccumulation Credits: 2,500

oFloor: -10.00%

oCap: 15.00%

*As of the Contract Anniversary:*

• Closing Index Value: 850

• Days in Contract Year: 365

• Average daily value of the GLWB Benefit Base for the prior Contract Year: $100,000

*Step 1:* Calculate the Adjusted Index Value

The Initial Index Value is 1,000 and the Closing Index Value is 850. The Closing Index Value is less than

the Initial Index Value multiplied by the result of 1 plus the Floor for both the Secure and Growth

Accounts. Therefore, the Adjusted Index Value equals the Initial Index Value multiplied by the result of 1

plus the Floor. For the Secure Account, this is calculated as 1,000 multiplied by the result of 1 plus 0.00

which equals 1,000. For the Growth Account, this is calculated as 1,000 multiplied by the result of 1 plus

-0.10 which equals 900.

*Step 2*: Calculate the Index Return

The Index Return is equal to the Adjusted Index Value divided by the Initial Index Value. For the Secure

Account, this is calculated as 1,000 divided by 1,000 which equals 1.00 (0% increase from the Initial

Index Value). For the Growth Account, this is calculated as 1,000 divided by 900 which equals 0.90 (10%

decrease from Initial Index Value).

*Step 3*: Calculate the Risk Control Account Daily Contract Fee

The Risk Control Account Daily Contract Fee is equal to the Contract Fee divided by the number of days

in the Contract Year multiplied by the Accumulation Credit Factor at the start of the Contract Year. For

both the Secure and Growth Accounts, this is equal to 0.75% divided by 365 multiplied by $10 which

equals $0.000205479.

*Step 4*: Calculate the Accumulation Credit Factor

The Accumulation Credit Factor is equal to the Accumulation Credit Factor at the start of the Contract

Year multiplied by the Index Return less the result of the Risk Control Account Daily Contract Fee

multiplied by the number of days that have passed since the last Contract Anniversary. For the Secure

Account, this is equal to $10 multiplied by 1.00 less the result of $0.000205479 multiplied by 365 which

equals $9.925. For the Growth Account, this is equal to $10 multiplied by 0.90 less the result of

$0.000205479 multiplied by 365 which equals $8.925.

*Step 5*: Calculate the Risk Control Account Value.

The Risk Control Account Value is equal to the number of Accumulation Credits multiplied by the ending

Accumulation Credit Factor. For the Secure Account, this is equal to 7,500 multiplied by $9.925 which

equals $74,437.50. For the Growth Account, this is equal to 2,500 multiplied by $8.925 which equals

$22,312.50. This is a decrease of $562.50 for the Secure Account ($74,437.60 – $75,000 = -$562.50) and

a decrease of $2,687.50 for the Growth Account ($22,312.50 – $25,000 = -$2,687.50). After the $1,000

GLWB Rider Fee is deducted Pro Rata from each account, the Secure Account decreased $1,331.88 and

the Growth Account decreased $2,918.12.

**Order of Operations for Contract Anniversary Processing**

Step 1: The Accumulation Credit Factors, Accumulation Credits, and Declared Rate Account Value are

calculated to determine the Contract Value on Contract Anniversary.

Step 2: Transactions effective on the Contract Anniversary are processed in the following order, from first

to last:

• GLWB Rider Fee Deduction, then

• Death Benefit, then

• Reset of GLWB Benefit Base, then

• Withdrawals, then

• Transfers, then

• Surrender, then

• Annuitization

Step 3: The beginning Accumulation Credit Factors, Accumulation Credits, and Declared Rate Account

Value are determined for the next Contract Year.

**CHARGES AND ADJUSTMENTS**

**Contract Fee**

The annual Contract Fee percentage is 0.75%. We assess the Contract Fee against Contract Value held

in the Risk Control Accounts to compensate us for the expenses, mortality risk and expense risk assumed

by us.

The Contract Fee is equal on an annual basis to the annual Contract Fee percentage multiplied by the

Accumulation Credit Factor for each Risk Control Account at the start of the Contract Year. The Contract

Fee reduces the Accumulation Credit Factor for each Risk Control Account in which you are invested,

thereby reducing the amount of interest credited, if any, to Contract Value in the Risk Control Accounts.

We do not assess a Contract Fee against Contract Value held in the Declared Rate Account.

**GLWB Rider Fee**

The GLWB Rider Fee is equal on an annual basis to the GLWB Rider Fee percentage multiplied by the

average daily value of the GLWB Benefit Base for the prior Contract Year. The GLWB Rider Fee will be

deducted Pro Rata from the Contract Value in all Allocation Options on the Contract Anniversary. The

GLWB Rider Fee will be deducted prior to any other transactions on the Contract Anniversary. We will not

assess the GLWB Rider Fee if the Guaranteed Lifetime Withdrawal Benefit terminates. No Surrender

Charge or Market Value Adjustment will be applied as a result of the deduction of the GLWB Rider Fee.

---

| | |
|:---|:---|
| **GLWB Rider Fee** <br>**(as a percentage of the average daily GLWB Benefit base for the prior Contract Year)** | **GLWB Rider Fee** <br>**(as a percentage of the average daily GLWB Benefit base for the prior Contract Year)** |
| For Contracts issued after February 10, 2021 | 1.00% |
| For Contracts issued from April 26, 2020 to February 10, 2021 | 0.75% |
| For Contracts issued from August 19, 2019 to April 25, 2020 | 0.50% |

---

The average daily value of the GLWB Benefit Base will equal the GLWB Benefit Base as of the start of the

Contract Year unless an Excess Withdrawal is taken. Because Excess Withdrawals reduce the GLWB

Benefit Base, the reduced GLWB Benefit Base will be used in the average daily value calculation in the

event of an Excess Withdrawal. In that case, the average daily value of the GLWB Benefit Base will equal

to the sum of each GLWB Benefit Base for the prior Contract Year multiplied by the number of days it

applied and divided by the number of days in the Contract Year.

The GLWB Rider Fee will terminate on the earliest of:

• The date the Contract Value is equal to zero; and

• The date the Guaranteed Lifetime Withdrawal Benefit terminates.

The portion of the GLWB Rider Fee that is accrued but not yet deducted will be deducted upon surrender

and termination of the Guaranteed Lifetime Withdrawal Benefit.

The GLWB Rider Fee is assessed even if GLWB Payments are never made.

**Surrender Charge**

During the first six Contract Years, we deduct a Surrender Charge from each withdrawal or surrender that

exceeds the Annual Free Withdrawal Amount. The Surrender Charge schedule is expressed as a

percentage of the Contract Value withdrawn or surrendered as shown below.

---

| | | |
|:---|:---|:---|
|  | **Contracts Issued before May 25, 2024** | **Contracts Issued on or after May 25, 2024** |
| <u>Contract Year</u> | <u>Surrender Charge Percentage</u> | <u>Surrender Charge Percentage</u> |
| 1 | 9% | 8% |
| 2 | 9% | 8% |
| 3 | 8% | 8% |
| 4 | 7% | 7% |
| 5 | 6% | 6% |
| 6 | 5% | 5% |
| 7+ | 0% | 0% |

---

The Surrender Charge is assessed before calculation of the Market Value Adjustment. For an example of

how we calculate the Surrender Charge, please refer to the Statement of Additional Information.

We will not assess the Surrender Charge on:

• Withdrawals under the Nursing Home or Hospital waiver or Terminal Illness waiver;

• Required Minimum Distributions ("RMDs") under the Internal Revenue Code that are withdrawn

under the automatic withdrawal program provided by the Company;

• Your Annual Free Withdrawal Amount;

• Death Benefit proceeds;

• Amounts withdrawn on or after the sixth Contract Anniversary;

• Contract Value applied to an Income Payout Option;

• GLWB Payments;

• Withdrawals taken under the Bailout Provision; and

• Transfers and allocation changes as part of automatic rebalancing.

We will waive the Surrender Charge and Market Value Adjustment in the case of a partial withdrawal or

surrender where the Owner or Annuitant qualifies for the Nursing Home or Hospital or Terminal Illness

waiver, as described below. Before granting the waiver, we may request a second opinion or examination

of the Owner or Annuitant by one of our examiners. We will bear the cost of such second opinion or

examination. Each waiver may be exercised only one time.

**•**<u>Nursing Home or Hospital Waiver</u>**.** We will not deduct a Surrender Charge or assess a Market Value

Adjustment in the case of a partial withdrawal or surrender where any Owner or Annuitant is confined

to a licensed nursing home or hospital and has been confined to such nursing home or hospital for at

least 180 consecutive days after the latter of the Contract Issue Date or the date of change of the

Owner or Annuitant. A hospital refers to a facility that is licensed and operated as a hospital according

to the law of the jurisdiction in which it is located. A nursing home refers to a facility that is licensed

and operates as a nursing facility according to the law of the jurisdiction in which it is located. We

require verification of confinement to the nursing home or hospital, and such verification must be

signed by the administrator of the facility.

**•**<u>Terminal Illness Waiver</u>*.* We will not deduct a Surrender Charge or apply a Market Value Adjustment

in the case of a partial withdrawal or surrender where any Owner or Annuitant has a life expectancy of

12 months or less due to illness or accident. As proof, we require a determination of the Terminal

Illness. Such determination must be signed by the licensed physician making the determination after

the latter of Contract Issue Date or the date of change of the Owner or Annuitant. The physician may

not be a member of your or the Annuitant's immediate family.

The laws of your state may limit the availability of the Surrender Charge waivers and may also change

certain terms and/or benefits under the waivers. You should consult <u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u> for further details on

these variations. Also, even if you do not pay a Surrender Charge because of the waivers, a Market Value

Adjustment may apply, and you still may be required to pay taxes on the amount withdrawn. You should

consult a tax advisor to determine the effect of a partial withdrawal on your taxes.

Surrender Charges offset promotion, distribution expenses, and investment risks borne by the Company.

To the extent Surrender Charges are insufficient to cover these risks and expenses, the Company will pay

for the costs that it incurs out of the Contract Fees it collects and from its General Account.

**Market Value Adjustment**

The Market Value Adjustment is a positive or negative adjustment that may be made to the amount you

receive if you surrender the Contract or take Excess Withdrawals from the Risk Control Accounts or

Declared Rate Account during the Accumulation Period on any date other than each sixth Contract

Anniversary. In general, if interest rate levels have increased at the time of surrender or partial withdrawal

over their levels at the last Contract Anniversary, the Market Value Adjustment will be negative.

Conversely, in general, if interest rate levels have decreased at the time of surrender or partial withdrawal

over their levels at the last Contract Anniversary, the Market Value Adjustment will be positive.

The Market Value Adjustment is calculated separately for withdrawals from each Allocation Option. The

relevant period for calculating the Market Value Adjustment is each rolling six-year term beginning on the

Contract Issue Date and resetting every sixth Contract Anniversary, even after the first six Contract Years.

This means it applies for the initial six-year term, is zero on the sixth Contract Anniversary, and restarts for

any subsequent six-year term.

You may obtain information about your Contract Value, including any applicable Market Value Adjustment,

by calling us. Contract Values are calculated at the end of each Business Day and therefore fluctuate

daily. As a result, the Contract Value may be higher or lower at the time a requested transaction is

completed than it was when you requested information.

**A negative Market Value Adjustment could significantly decrease the amount you receive from a** 

**partial withdrawal or surrender. In extreme circumstances, losses from the Market Value** 

**Adjustment could be as high as 90% of your Contract Value. You directly bear the investment risk** 

**associated with a Market Value Adjustment. You should carefully consider your income needs** 

**before purchasing the Contract.**

***Purpose of the Market Value Adjustment***. The Market Value Adjustment helps protect us from market

losses related to changes in the value of the fixed income investments and other investments we use to

back the guarantees under your Contract from the first day of each six-year term to the time of a

surrender or partial withdrawal if we have to sell those investments early to pay the surrender or partial

withdrawal.

***Application and Waiver***. We will increase the amount you will be paid from a partial withdrawal by the

amount of any positive Market Value Adjustment, and in the case of a surrender of the Contract, we will

increase your Surrender Value by the amount of any positive Market Value Adjustment. Conversely, we

will decrease the amount you will be paid from a partial withdrawal by the amount of any negative Market

Value Adjustment, and in the case of a surrender of the Contract, we will decrease your Surrender Value

by the amount of any negative Market Value Adjustment.

The following transactions and withdrawals are not subject to a Market Value Adjustment:

• Surrenders or withdrawals under the Nursing Home or Hospital waiver or Terminal Illness

withdrawal waiver;

• Required Minimum Distributions that are withdrawn under an automatic withdrawal program

provided by the Company;

• The Annual Free Withdrawal Amount;

• Withdrawals taken on each sixth Contract Anniversary;

• Death Benefit proceeds;

• GLWB Payments;

• Contract Value applied to an Income Payout Option;

• Transfers and allocation changes as part of automatic rebalancing;

• Withdrawals made under the Bailout Provision; or

• Amounts withdrawn for the Contract Fee.

No Market Value Adjustment will apply after the end of the Accumulation Period because no withdrawals

or surrenders can be taken once income payments begin.

***Market Value Adjustment Calculation***. The Market Value Adjustment reflects, in part, the difference in

yield of the Constant Maturity Treasury rate for a period consistent with the six-year term beginning on the

first day of the six-year term and the yield of the Constant Maturity Treasury rate for a period starting on

the date of surrender or partial withdrawal and ending on the last day of the six-year term. The Constant

Maturity Treasury rate is a rate representing the average yield of various Treasury securities. The

calculation also reflects in part the difference between the effective yield of the ICE BofAML Index 1-10

Year U.S. Corporate Constrained Index, Asset Swap Spread (the "ICE BofAML Index"), a rate

representative of investment grade corporate debt credit spreads in the U.S., on the first day of the six-

year term and the effective yield of the ICE BofAML Index at the time of surrender or partial withdrawal.

The greater the difference in those yields, respectively, the greater the effect the Market Value Adjustment

will have.

For information about the Market Value Adjustment Formula and examples of how we calculate Market

Value Adjustments, see the Statement of Additional Information.

**Premium Taxes**

Charges designed to approximate certain taxes that may be imposed on us, such as premium taxes in

your state, may also apply. However, premium taxes are not currently charged to Contract holders. State

premium taxes currently range from 0% to 3.5% of Purchase Payments.

**Other Information**

We assume investment risks and costs in providing the guarantees under the Contract. These investment

risks include the risks we assume in providing the Floors for the Risk Control Accounts, the Interest Rate

for the Declared Rate Account, the surrender rights available under the Contract, the Guaranteed Lifetime

Withdrawal Benefit, the Death Benefit and the income payments. We must provide the rates and benefits

set forth in your Contract regardless of how our General Account investments that support the guarantees

we provide perform. To help manage our investment risks, we engage in certain risk management

techniques. There are costs associated with those risk management techniques. You do not directly pay

the costs associated with our risk management techniques. However, we take those costs into account

when we set rates and guarantees under your Contract.

**ACCESS TO YOUR MONEY**

**Partial Withdrawals** 

At any time during the Accumulation Period, you may make partial withdrawals by Authorized Request.

The minimum partial withdrawal amount is $100. Any applicable Surrender Charge and Market Value

Adjustment will affect the amount available for a partial withdrawal. We will pay you the amount you

request in connection with a partial withdrawal by reducing Contract Value in the Declared Rate Account

and redeeming Accumulation Credits from the appropriate Risk Control Accounts, if applicable.

Withdrawals will be processed Pro Rata from the Contract Value in all Allocation Options.

Partial withdrawals for less than $25,000 are permitted by telephone and in writing. The written consent of

all Owners must be obtained before we will process the partial withdrawal. If an Authorized Request is

received by 4:00 P.M. Eastern Time, it will be processed that day. If an Authorized Request is received

after 4:00 P.M. Eastern Time, it will be processed on the next Business Day.

If a partial withdrawal other than a GLWB Payment would cause your Surrender Value to be less than

$2,000, we will treat your request for partial withdrawal as a request for full surrender of your Contract.

Before processing the full surrender, we will attempt to contact you or your financial professional to

provide the opportunity for you to take a lower amount to maintain a Surrender Value of at least $2,000. If

we are unable to contact you within one Business Day after receiving your request, we will process the

full surrender.

**The Contract may not be appropriate for investors who plan to take withdrawals other than GLWB** 

**Payments, or surrender the Contract. All withdrawals other than GLWB Payments are Excess** 

**Withdrawals and will proportionally reduce the Purchase Payment, which is used to determine the** 

**Death Benefit, and GLWB Benefit Base, which is used to determine the GLWB Payment, by the** 

**ratio of the withdrawal (including any Surrender Charge and Market Value Adjustment) to the** 

**Contract Value immediately prior to the withdrawal. These proportional reductions may be** 

**substantially more than the withdrawal amount, and any resulting decreases to the GLWB** 

**Payment and Death Benefit could be significant. Partial withdrawals could terminate the Contract.** 

**Additionally, the Contract Fee, GLWB Rider Fee, Surrender Charge, Market Value Adjustment, and** 

**federal income taxes and additional taxes could significantly reduce the values under the Contract** 

**and the amount you receive from any withdrawals. Only the Contract Value remaining after the** 

**withdrawal will be credited interest, positive or negative, in the future.**

**Systematic Withdrawals**

Our systematic withdrawal program is an administrative program designed for you to take reoccurring,

automatic withdrawals at the frequency you select. You can receive payments monthly, quarterly, semi-

annually, or annually, subject to the $100 minimum partial withdrawal amount and minimum Surrender

Value. Although the Contract permits systematic withdrawals (including for Required Minimum

Distributions under the Internal Revenue Code) from the Risk Control Accounts before the end of the

term, these withdrawals may have an adverse effect on your values under the Contract. If you intend to

make ongoing withdrawals, you should consult a financial professional to determine whether the Contract

is appropriate for you. See "<u>[Benefits Available Under the Contract - Systematic Withdrawals](#i388c1875ee1f40f5908b92f7a61d79b1_2442)</u>."

**Surrenders**

You may surrender your Contract for the Surrender Value at any time during the Accumulation Period by

Authorized Request. The consent of all Owners must be obtained before the Contract is surrendered. If

an Authorized Request is received before 4:00 P.M. Eastern Time on a Business Day, it will be processed

that day. If an Authorized Request is received at or after 4:00 P.M. Eastern Time on a Business Day or on

a non-Business Day, it will be processed on the next Business Day.

If you surrender the Contract, you will receive the Surrender Value, as of the Business Day we received

your Authorized Request. The Surrender Value is equal to your Contract Value at the end of the Valuation

Period in which we receive your Authorized Request, minus any applicable Contract Fee, GLWB Rider

Fee, and Surrender Charge, and adjusted for any applicable Market Value Adjustment.

**The Surrender Value could be significantly lower than your Contract Value due to the Market Value** 

**Adjustment, GLWB Rider Fee, and Surrender Charge. Federal income taxes may further reduce** 

**the amount you receive from a surrender, and a 10% additional tax may apply if taken before the** 

**Owner is age 59½. You should consult a tax advisor before requesting a surrender.**

Upon payment of the Surrender Value, the Contract is terminated, and we have no further obligation

under the Contract or Guaranteed Lifetime Withdrawal Benefit. We may require that the Contract be

returned to our Administrative Office prior to making payment. The Surrender Value will not be less than

the amount required by applicable state law in which the Contract was delivered. We will pay you the

amount you request in connection with a full surrender by withdrawing Contract Value in the Declared

Rate Account and redeeming Accumulation Credits from the Risk Control Accounts, if applicable.

**Annual Free Withdrawal Amount**

Your Annual Free Withdrawal Amount is equal to 10% of the Contract Value at the beginning of the

Contract Year and represents the amount that can be withdrawn without incurring a Surrender Charge or

Market Value Adjustment in a Contract Year. Any unused Annual Free Withdrawal Amount will not carry

over to any subsequent Contract Year. GLWB Payments will reduce the Annual Free Withdrawal Amount

but will not be subject to a Surrender Charge or Market Value Adjustment.

The Annual Free Withdrawal Amount is subtracted from surrenders for purposes of calculating the

Surrender Charge and Market Value Adjustment.

**Partial Withdrawal and Surrender Restrictions**

Your right to make partial withdrawals and surrender the Contract is subject to any restrictions imposed by

any applicable law or employee benefit plan.

**Right to Defer Payments**

We reserve the right to postpone payment for up to six months after we receive your Authorized Request,

subject to obtaining prior written approval by the state insurance commissioner if required by the law of

the state in which we issued the Contract. If we postpone payment, we will pay interest on the proceeds if

required by state law, calculated at the effective annual rate and for the time period required under state

law.

**GUARANTEED LIFETIME WITHDRAWAL BENEFIT**

The Contract automatically includes the Guaranteed Lifetime Withdrawal Benefit. Subject to certain

conditions, the Guaranteed Lifetime Withdrawal Benefit provides for GLWB Payments to be made each

year for the life of the Covered Person(s) in the form of partial withdrawals without reducing the value of

GLWB Payments in future years. The GLWB Payment is the guaranteed lifetime withdrawal amount. The

GLWB Payment is guaranteed regardless of investment performance and will continue even if the

Contract Value is reduced to zero from GLWB Payments.

**Excess Withdrawals proportionally reduce the GLWB Benefit Base, which is used to determine the** 

**GLWB Payment, by the ratio of the withdrawal (including any Surrender Charge and Market Value** 

**Adjustment) to the Contract Value immediately prior to the withdrawal. These proportional** 

**reductions may be substantially more than the withdrawal amount, and any resulting decreases to** 

**the GLWB Payment could be significant and could terminate the Contract. If you begin GLWB** 

**Payments before age 59½, the GLWB Payments may be subject to a 10% additional tax.**

**GLWB Rider Fee**

We deduct a GLWB Rider Fee Pro Rata from the Contract Value in all Allocation Options on each

Contract Anniversary. Detailed information about the GLWB Rider Fee is provided under <u>[Charges and](#i388c1875ee1f40f5908b92f7a61d79b1_2368)</u> 

<u>[Adjustments - GLWB Rider Fee](#i388c1875ee1f40f5908b92f7a61d79b1_2368)</u>.

**Termination of the Guaranteed Lifetime Withdrawal Benefit**

The Guaranteed Lifetime Withdrawal Benefit will terminate and all rights under the Guaranteed Lifetime

Withdrawal Benefit will terminate on the date any of the following occur:

• The death of all Covered Persons;

• Payment of a Death Benefit;

• All Covered Persons are removed from the Contract;

• The Contract is surrendered or otherwise terminated; or

• The Contract Value is applied to an Income Payout Option.

On the date the Guaranteed Lifetime Withdrawal Benefit terminates we will deduct any GLWB Rider Fee

that was accrued but not yet deducted as the final GLWB Rider Fee.

**Changes to the Covered Person(s)**

After the Contract Issue Date, you cannot add, remove or replace a Covered Person, even if you add or

change an Owner, Annuitant, or Beneficiary except as described in this Prospectus. Beginning May 25,

2024, you can add a Covered Person prior to the GLWB Payment Start Date if there is only one Covered

Person and there has not been a spousal continuation. The added Covered Person must meet eligibility

requirements under the Contract. Requests to add a Covered Person must be received at least one

Business Day prior to the desired GLWB Payment Start Date. If a Covered Person is added, the GLWB

Payment will be determined using the new Covered Persons and could delay the earliest date that GLWB

Payments can start if the new Covered Person is younger than 50.

If a Covered Person is no longer an Owner, Joint Owner, Annuitant, or Beneficiary, we will remove that

person from the Contract, and they will no longer be a Covered Person. Once we remove a Covered

Person, the Covered Person cannot be reinstated (unless, the Covered Person is added in accordance

with the above). If at any time joint Covered Persons are no longer Spouses, you must send us notice of

the divorce by Authorized Request. Upon receiving such notice, we will remove one former Spouse from

the Contract as a Covered Person as indicated by the divorce or settlement decree, as applicable. If the

Contract Owner is not a natural person, the Annuitant is the Covered Person.

If a Covered Person is removed and there is a remaining Covered Person, the following will occur:

• If the Covered Person was removed before the GLWB Payment Start Date, joint GLWB Payments

will not be available.

• If joint GLWB Payments have already started, we will continue to pay joint GLWB Payments to the

Owner as long as the remaining Covered Person is living.

If a Covered Person is removed and there is no Covered Person remaining, the Guaranteed Lifetime

Withdrawal Benefit will terminate and GLWB Payments will cease.

**GLWB Payments**

The GLWB Payment is the guaranteed lifetime withdrawal amount. The annual GLWB Payment is equal

to the GLWB Percentage multiplied by the GLWB Benefit Base. The GLWB Benefit Base and therefore

the GLWB Payment is recalculated on each Contract Anniversary and on any date an Excess Withdrawal

is taken. The GLWB Payment will only decrease if you take an Excess Withdrawal.

Beginning May 25, 2024, GLWB Payments can begin on the 50th birthday of the youngest Covered

Person or two Business Days after the Contract Issue Date, whichever is later. You may take the full

GLWB Payment or partial GLWB Payment amount through the systematic withdrawal program. If you take

less than the GLWB Payment, the remaining GLWB Payment not taken will not carry over to future years.

(Before May 25, 2024, the GLWB Payment Start Date had to be a Contract Anniversary, and the full

GLWB Payment was required to be taken each year after the GLWB Payment Start Date.)

Requests to start receiving the GLWB Payment must be received at least one Business Day prior to the

desired GLWB Payment Start Date. The GLWB Payment is calculated on the GLWB Payment Start Date.

The GLWB Payment equals the GLWB Percentage multiplied by the GLWB Benefit Base. The GLWB

Percentage is a combination of the Base Withdrawal Percentage and the Annual Increase Percentage,

both determined based on the Age of the Younger Covered Person as of the Contract Issue Date. The

GLWB Benefit Base is initially equal to the Purchase Payment but will be reset on each Contract

Anniversary to equal the current Contract Value if the current Contract Value is greater than the GLWB

Benefit Base and will be reduced by Excess Withdrawals.

The Owner elects how to receive the GLWB Payments, either as monthly, quarterly, semi-annual, or

annual payments. If the scheduled payment date does not fall on a Business Day, we will make the

payment on the next Business Day.

GLWB Payments continue during the life of the Covered Person(s) unless the Guaranteed Lifetime

Withdrawal Benefit is terminated. Under the single life option, GLWB Payments will cease on the date of

death of the Covered Person. Under the joint life option, GLWB Payments will continue until the date of

death of the second Covered Person if the surviving Spouse continues the Contract upon the death of

Owner. We may require proof that the Covered Person(s) is living upon the date of any GLWB Payment

while the Guaranteed Lifetime Withdrawal Benefit is in effect. **If you do not begin GLWB Payments** 

**before all Covered Person(s) die or are removed from the Contract, the Guaranteed Lifetime** 

**Withdrawal Benefit terminates, and you will not receive any GLWB Payments.**

***GLWB Percentage:*** The GLWB Percentage is determined on the GLWB Payment Start Date and will not

change. It is calculated using the following formula:

GLWB Percentage = B + I x Y, where

B= The Base Withdrawal Percentage.

I = The Annual Increase Percentage.

Y = The number of whole Contract Years from the Contract Issue Date until the GLWB Payment

Start Date, subject to the maximum of 10 years.

The Base Withdrawal Percentage and Annual Increase Percentage are determined based on your

election of single life or joint life option rates using the Age of the younger Covered Person(s) as of the

Contract Issue Date.

We establish the Base Withdrawal Percentage and Annual Increase Percentage on the Contract Issue

Date and will not change them for the life of the Contract. If a Covered Person is added, the GLWB

Withdrawal Percentage will be recalculated based on the GLWB Withdrawal Percentage joint option rates

on the Contract Issue Date, using the younger Covered Person's Age on the Contract Issue Date.

The Base Withdrawal Percentages and Annual Increase Percentages effective for newly issued Contracts

are set forth in a Rate Sheet Supplement to this Prospectus. You should not purchase a Contract without first

obtaining the Rate Sheet Supplement applicable to your Contract Issue Date. Previous versions of the

Base Withdrawal Percentages and the Annual Increase Percentages are stated in <u>[Appendix C](#i388c1875ee1f40f5908b92f7a61d79b1_304)</u>.

***GLWB Benefit Base:*** The GLWB Benefit Base is initially equal to the Purchase Payment but will be reset

each Contract Anniversary or on any day an Excess Withdrawal is taken. On each Contract Anniversary,

unless the Guaranteed Lifetime Withdrawal Benefit is terminated, if the current Contract Value is greater

than the current GLWB Benefit Base, the GLWB Benefit Base will be reset to equal the current Contract

Value. The GLWB Benefit Base is used only to determine the GLWB Payment and GLWB Rider Fee. The

GLWB Benefit Base is not available for surrender or withdrawal.

The GLWB Benefit Base will be impacted by Excess Withdrawals as described later in this section.

*Example of the GLWB Payment Calculation:*

Assume the following:

• There is one Covered Person.

• On the Contract Issue Date, the Covered Person is Age 55.

• The Base Withdrawal Percentage is equal to 5.0% for the single life option for a 55-year-old.

• The Annual Increase Percentage is 0.40% for the single life option for a 55-year-old.

• The GLWB Payment Start Date is on the 7<sup>th</sup> Contract Anniversary.

• The GLWB Benefit Base is $250,000.

The GLWB Percentage equals the Base Withdrawal Percentage of 5.0% plus the Annual Increase

Percentage of 0.40% multiplied by the number of completed Contract Years from the Contract Issue Date

until the GLWB Payment Start Date, subject to the maximum of 10 years. The number of Completed

Contract Years is 7, which is less than the maximum of 10, so 7 will be used in the calculation. Therefore,

the GLWB Percentage =5.0% + 0.40% x 7 = 7.8%.

The annual GLWB Payment is equal to the GLWB Percentage of 7.8% multiplied by the GLWB Benefit

Base of $250,000. Therefore, the annual GLWB Payment = 7.8% x $250,000 = $19,500.

**Treatment of GLWB Payment Withdrawals**

GLWB Payments are treated as a withdrawal from the Contract Value and are taken Pro Rata from the

Allocation Options at the time of the withdrawal. GLWB Payments reduce the Contract Value, the

Surrender Value, and the Death Benefit by the amount of the GLWB Payment on a dollar-for-dollar basis.

GLWB Payments do not reduce the GLWB Benefit Base.

While the Guaranteed Lifetime Withdrawal Benefit is in effect, the Contract will not terminate if a GLWB

Payment causes the Surrender Value to be less than $2,000.

GLWB Payments are not subject to Surrender Charge or Market Value Adjustment. The GLWB Payment

will count toward the Annual Free Withdrawal Amount. We deduct each GLWB Payment and any

additional RMD payment Pro Rata from each Allocation Option.

If a GLWB Payment or investment performance causes the Contract Value to be zero, we will continue to

pay the GLWB Payments until the death of all Covered Persons and the frequency of the GLWB

Payments will remain the same as what was previously elected. In that event, the Allocation Options will

no longer be available for investment.

If the date of birth of the Covered Person(s) is misstated, the GLWB Payment will be adjusted based on

the correct date of birth of the Covered Person(s). Any underpayment will be added to the next payment.

Any overpayment will be subtracted from future payments. No interest will be credited or charged to any

underpayment or overpayment adjustments.

**Impact of Excess Withdrawals on the GLWB Payment**

An Excess Withdrawal is the portion of a withdrawal that, when added to other withdrawals during the

current Contract Year, is greater than the total GLWB Payment for the current Contract Year. Excess

Withdrawals include withdrawals and RMDs prior to the GLWB Payment Start Date and deductions for

any applicable Surrender Charge and Market Value Adjustment. Excess Withdrawals do not include

amounts we withdraw for the GLWB Rider Fee. Excess Withdrawals will proportionally reduce the GLWB

Benefit Base, which is used to determine the GLWB Payment by the ratio of the Excess Withdrawal

(including any Surrender Charge and Market Value Adjustment) to the Contract Value immediately prior to

the Excess Withdrawal. These proportional reductions may be substantially more than the amount of the

Excess Withdrawal, and any resulting decreases to the GLWB Payment could be significant and could

terminate the Contract.

Any portion of a withdrawal taken after the GLWB Payment Start Date that is not an Excess Withdrawal

will be treated as a GLWB Payment. If a withdrawal is made after the GLWB Payment Start Date, the

remaining GLWB Payment for the current Contract Year will be adjusted to reflect the withdrawal. If the

withdrawal when added to the amount of all withdrawals during the current Contract Year (including

GLWB Payments) is greater than the GLWB Payment for the current Contract Year, no further GLWB

Payments will be made during that Contract Year. Otherwise, the remaining GLWB Payment for the

current Contract Year is equal to the GLWB Payment reduced by the amount of all withdrawals during the

current Contract Year (including prior GLWB Payments).

If an Excess Withdrawal reduces the Surrender Value to less than $2,000, the Guaranteed Lifetime

Withdrawal Benefit will terminate and GLWB Payments will cease.

***Examples of GLWB Benefit Base Calculation after an Excess Withdrawal:***

Example 1. This example assumes the Contract Value is greater than the GLWB Benefit Base at the time

of the withdrawal.

Assume the following information:

• The GLWB Benefit Base prior to the withdrawal is $100,000.

• The total withdrawal is $20,000.

• The GLWB Percentage is 5.00% and the GLWB Payment is $5,000.

• The Excess Withdrawal (including Surrender Charges and Market Value Adjustments) is $15,000.

• The Contract Value at the time of the withdrawal is $110,000.

*Step 1*: Calculate the ratio of the withdrawal to the Contract Value immediately prior to the withdrawal:

Ratio = Excess Withdrawal / (Contract Value immediately prior to the Excess Withdrawal) = $15,000 /

$110,000 = 0.136364

*Step 2*: Calculate the reduction to GLWB Benefit Base:

Reduction to the GLWB Benefit Base = Ratio x GLWB Benefit Base prior to the withdrawal = 0.136364 x

$100,000 = $13,636.40

*Step 3*: Calculate the GLWB Benefit Base adjusted for Excess Withdrawals:

GLWB Benefit Base adjusted for Excess Withdrawals = GLWB Benefit Base prior to withdrawal –

Reduction to GLWB Benefit Base = $100,000 - $13,636.40 = $86,363.60. The new GLWB Payment would

be GLWB Benefit Base x GLWB Percentage = $86,363.60 x 5.00% = $4,318.18.

Example 2. This example assumes the Contract Value is less than the GLWB Benefit Base at the time of

the withdrawal.

Assume the following information:

• The GLWB Benefit Base prior to the withdrawal is $100,000.

• The total withdrawal is $20,000.

• The GLWB Percentage is 5.00% and the GLWB Payment is $5,000.

• The Excess Withdrawal (including Surrender Charges and Market Value Adjustments) is $15,000.

• The Contract Value at the time of the withdrawal is $60,000.

*Step 1*: Calculate the ratio of the withdrawal to the Contract Value immediately prior to the withdrawal:

Ratio = Excess Withdrawal / (Contract Value immediately prior to the Excess Withdrawal) = $15,000 /

$60,000= 0.25

*Step 2*: Calculate the reduction to GLWB Benefit Base:

Reduction to the GLWB Benefit Base = Ratio x GLWB Benefit Base prior to the withdrawal = 0.25 x

$100,000 = $25,000.

*Step 3*: Calculate the GLWB Benefit Base adjusted for Excess Withdrawals:

GLWB Benefit Base adjusted for Excess Withdrawals = GLWB Benefit Base prior to withdrawal –

Reduction to GLWB Benefit Base = $100,000 – 25,000 = $75,000. The new GLWB Payment would be

GLWB Benefit Base x GLWB Percentage = $75,000 x 5.00% = $3,750.

As illustrated in Example 2, the GLWB Benefit Base calculation may result in a reduction in the GLWB

Benefit Base that is significantly larger than the withdrawal amount.

**Required Minimum Distribution Withdrawals**

If the Contract is an Individual Retirement Annuity (IRA), GLWB Payments may be used to satisfy your

Required Minimum Distribution (RMD) requirements. **A withdrawal taken to satisfy RMD requirements** 

**prior to the GLWB Payment Start Date will be treated as an Excess Withdrawal and will reduce the** 

**GLWB Benefit Base and GLWB Payment and could terminate the Contract. You should not begin** 

**RMDs before the GLWB Payment Start Date. If an Excess Withdrawal is taken, any further RMDs** 

**taken during the Contract Year will be treated as Excess Withdrawals.**

If the RMD associated with the Contract exceeds the GLWB Payment, and you increase the GLWB

Payment to meet your RMD requirements, the additional funds withdrawn to satisfy RMD requirements

after the GLWB Payment Start Date will not be treated as an Excess Withdrawal and Surrender Charges

and Market Value Adjustments will not apply. The additional funds taken to satisfy an RMD requirement

will not reduce the GLWB Benefit Base or future GLWB Payments.

The RMD requirement for the Contract is calculated by the Company based on the calendar year taken.

The portion of the withdrawal that is treated as an RMD may not be greater than the RMD of the current

calendar year less any amount previously withdrawn. For calendar years after the Contract Value is

reduced to zero, the GLWB Payments will be treated as the RMD payments with respect to the Contract.

**Spousal Continuation of the Guaranteed Lifetime Withdrawal Benefit**

If the sole primary Beneficiary is the surviving Spouse of the deceased Owner, the surviving Spouse may

elect to continue the Contract as the new Owner. This benefit may only be exercised one time. If the

Spouse elects to continue the Contract as the new Owner, the Guaranteed Lifetime Withdrawal Benefit

will remain in effect if the surviving Spouse is a Covered Person. If this condition is not met, the

Guaranteed Lifetime Withdrawal Benefit will terminate, and we will no longer assess the GLWB Rider Fee.

If the surviving Spouse elects to continue the Contract and the Guaranteed Lifetime Withdrawal Benefit

remains in effect, the following will occur:

• If the spousal continuation election is before the GLWB Payment Start Date, joint GLWB

Payments will not be available to the surviving Spouse.

• If the spousal continuation election is after the GLWB Payment Start Date, we will continue to pay

joint GLWB Payments to the surviving Spouse as long as the surviving Spouse is living.

Spousal continuation of a Contract does not impact the GLWB Benefit Base or potential annual GLWB

Benefit Base increases on future Contract Anniversaries.

**BENEFITS AVAILABLE UNDER THE CONTRACT**

**The following table summarizes information about the benefits available under the Contract.** The

availability of Allocation Options, Contract benefits, and other Contract features described in this

Prospectus may vary by state and depending on the broker-dealer through which the Contract is sold.

**See <u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u>.**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Benefit** | **Purpose** | **Standard or** <br>**Optional**<br>| **Maximum** <br>**Fee**<br>| **Brief Description** <br>**of Restrictions** <br>**and Limitations**<br>|
| Guaranteed <br>Lifetime <br>Withdrawal Benefit<br>| Provides for GLWB Payments <br>to be made each year for the <br>life of the Covered Person(s)<br>| Standard | For Contracts <br>issued after <br>February 10, <br>2020...1.00%<br>| Excess <br>Withdrawals may <br>reduce the GLWB <br>Benefit Base by <br>more than the <br>amount of the <br>withdrawal. <br>|
| Death Benefit | Provides a Death Benefit if the <br>Owner dies during the <br>Accumulation Period<br>| Standard | No Charge | Excess <br>Withdrawals may <br>reduce the Death <br>Benefit by more <br>than the amount of <br>the withdrawal.<br>|
| Automatic <br>Rebalance <br>Program<br>| Returns your Contract Values <br>to the Allocation Levels on file <br>with us through a rebalancing <br>schedule. <br>| Standard | No Charge | There is a set <br>schedule of when <br>rebalancing occurs <br>at various levels of <br>the Contract.<br>|
| Systematic <br>Withdrawals<br>| Provide payments on a <br>schedule as set up by you.<br>| Optional | No Charge | Withdrawals may <br>be subject to a <br>Market Value <br>Adjustment or <br>Surrender Charge.<br>|

---

**Guaranteed Lifetime Withdrawal Benefit**

See the "<u>[Guaranteed Lifetime Withdrawal Benefit](#i388c1875ee1f40f5908b92f7a61d79b1_115)</u>" section.

**Death Benefit**

***Death of the Owner during the Accumulation Period***. If the Owner dies during the Accumulation

Period (if there are joint Owners, the Death Benefit will become payable after the first joint Owner dies), a

Death Benefit will become payable to the Beneficiary. We will pay the Death Benefit after we receive the

following at our Administrative Office in a form and manner satisfactory to us:

• Proof of Death of the Owner while the Contract is in force;

• Our claim form from each Beneficiary, properly completed; and

• Any other documents we require.

If you die during the Accumulation Period, your Beneficiary is entitled to a Death Benefit. If you have a

Joint Owner, the Death Benefit will be available when the first Joint Owner dies.

If there is a surviving Owner and that Owner is the Spouse of the deceased Owner, the surviving Spouse

will be treated as the sole primary Beneficiary, and any other designated Beneficiary will be treated as a

contingent Beneficiary. The surviving Spouse may elect to continue the Contract as the new Owner and

the Guaranteed Lifetime Withdrawal Benefit will remain in effect if the surviving Spouse is a Covered

Person. See the "<u>[Guaranteed Lifetime Withdrawal Benefit – Spousal Continuation of the Guaranteed](#i388c1875ee1f40f5908b92f7a61d79b1_115)</u> 

<u>[Lifetime Withdrawal Benefit](#i388c1875ee1f40f5908b92f7a61d79b1_115)</u>" section and "Spousal Continuation" below for more details.

The following Death Benefit options are available under a Non-Qualified Contract:

• **Option A**: If the sole primary Beneficiary is the surviving Spouse of the deceased Owner, the

surviving Spouse may elect to continue the Contract as the new Owner. An individual who does

not meet the definition of Spouse may not be able to continue the Contract for that person's

lifetime. The individual must receive the proceeds of the Contract and any attached

endorsements or riders within the time period specified in section 72(s) of the IRC.

• **Option B**: If the Beneficiary is a natural person, the Death Benefit proceeds will be applied in

accordance with IRC section 72(s) under one of the Income Payout Options. The income

payments must be made for the Beneficiary's life or a period not extending beyond the

Beneficiary's life expectancy. Payments must commence within one year of the date of the

Owner's death.

• **Option C**: A Beneficiary may elect to receive, at any time, the Death Benefit proceeds in a single

lump sum not to extend beyond five years from the date of the Owner's death.

Unless Option A or B is elected within 60 days of the date we receive Proof of Death or within one year of

the date of the Owner's Death, whichever is earlier, the entire interest in the Contract will be paid under

Option C. Until payment of the Death Benefit proceeds, the proceeds remain in the Contract. Death

Benefit proceeds will be distributed 5 years from the Owner's death or earlier if requested by the

Beneficiary. Interest, if any, will be paid on the Death Benefit proceeds under Option C as required by

applicable state law.

If there are multiple Beneficiaries, each Beneficiary will be able to elect to receive his or her share of the

benefits under either Option B or Option C within 60 days of the date we receive Proof of Death or within

one year of the Owner's death, whichever is earlier. If a Beneficiary does not make such an election

during that period, their share of the Death Benefit proceeds will be paid under Option C. Until payment of

the Death Benefit proceeds, the proceeds remain in the Contract. Death Benefit proceeds will be

distributed 5 years from the Owner's death or earlier if requested by the Beneficiary. Interest, if any, will be

paid on the Death Benefit proceeds under Option C as required by applicable state law. Other minimum

distribution rules apply to Qualified Contracts.

***Death of the Annuitant during the Accumulation Period***. If an Annuitant dies during the Accumulation

Period and there is a surviving Owner who is a natural person, the following will occur:

• If there is a surviving Joint Annuitant, the surviving Joint Annuitant will become the Annuitant.

• If there is no Joint Annuitant, the Owner(s) will become the Annuitant(s).

If an Annuitant dies during the Accumulation Period and the Owner is not a natural person, the following

will occur:

• If any Annuitant dies during the Accumulation Period, the death of any Annuitant will be treated as

the death of the Owner and Death Benefit proceeds must be distributed as required by IRC

Section 72(s). Beneficiaries may receive these distributions over time, as allowed by the IRC, by

electing Option B.

• Unless Option B is elected within 60 days of the date we receive Proof of Death or within one

year of the date of the Owner's Death, whichever is earlier, Death Benefit proceeds will be paid in

accordance with Option C.

***Death Benefit Proceeds***. Death Benefit proceeds are payable upon our receipt of Proof of Death

(Owner's death or Annuitant's death if the Owner is not a natural person), and proof of each Beneficiary's

interest, which includes required documentation and proper instructions from each Beneficiary. If we

receive Proof of Death before 4:00 P.M. Eastern Time, we will determine the amount of the Death Benefit

as of that day. If we receive Proof of Death at or after 4:00 P.M. Eastern Time, we will determine the

amount of the Death Benefit as of the next Business Day. The Death Benefit proceeds will be paid within

7 days after our receipt of Proof of Death and proof of each Beneficiary's interest.

The Death Benefit during the Accumulation Period is equal to the current Contract Value on the date

Death Benefit proceeds are payable or the Purchase Payment adjusted for withdrawals, whichever is

greater. The Death Benefit terminates on the earlier of the termination of the Contract or when the entire

Contract is applied to an Income Payout Option. GLWB Payments will reduce the Death Benefit by the

amount of the GLWB Payment. All other withdrawals will proportionally reduce the Purchase Payment

used to determine the Death Benefit by the ratio of the withdrawal (including any Surrender Charge or

Market Value Adjustment) to the Contract Value immediately prior to the withdrawal, which can result in

decreasing the Death Benefit by more than the amount of the withdrawal, and that decrease can be

significant.

***Examples of Death Benefit after a Withdrawal***:

Example 1. This example assumes the Contract Value is greater than the Purchase Payment at the time

of the withdrawal.

Assume the following information:

• Purchase Payment = $100,000

• Withdrawal (including Surrender Charges and Market Value Adjustments) = $20,000; no other

withdrawals have been taken

• Contract Value at the time of withdrawal = $115,000

Step 1: Calculate the Death Benefit that would be payable immediately prior to the withdrawal:

• Death Benefit payable immediately prior to the withdrawal = The greater of Purchase Payment

and Contract Value

• Death Benefit payable immediately prior to the withdrawal = The greater of $100,000 and

$115,000 = $115,000

Step 2: Calculate ratio of the withdrawal to the Contract Value immediately prior to the withdrawal:

• Ratio = Withdrawal / (Contract Value immediately prior to the withdrawal)

• Ratio = $20,000 / $115,000 = 0.173913

Step 3: Calculate reduction to Purchase Payment:

• Reduction to Purchase Payment = Ratio x (Purchase Payment prior to withdrawal)

• Reduction to Purchase Payment = 0.173913 x $100,000 = $17,391.30

Step 4: Calculate Purchase Payment adjusted for withdrawals:

• Purchase Payment adjusted for withdrawals = Purchase Payment prior to withdrawal – Reduction

to Purchase Payment

• Purchase Payment adjusted for withdrawals = $100,000 – $17,391.30 = $82,608.70

Step 5: Calculate the Contract Value after the withdrawal:

• Contract Value immediately after the withdrawal = Contract Value at the time of the withdrawal –

withdrawal

• Contract Value immediately after the withdrawal = $115,000 – $20,000 = $95,000

Step 6: Calculate the Death Benefit that would be payable immediately after the withdrawal:

• Death Benefit payable immediately after the withdrawal = The greater of Purchase Payment

adjusted for withdrawals and Contract Value immediately after the withdrawal

• Death Benefit payable immediately after the withdrawal = The greater of $82,608.70 and $95,000

= $95,000

• The withdrawal of $20,000 reduced the Death Benefit payable by $20,000 (i.e., $115,000 -

$95,000)

Example 2. This example assumes the Contract Value is less than the Purchase Payment at the time of

the withdrawal.

Assume the following information:

• Purchase Payment = $100,000

• Withdrawal (including Surrender Charges and Market Value Adjustments) = $20,000; no other

withdrawals have been taken

• Contract Value at the time of withdrawal = $60,000

Step 1: Calculate the Death Benefit that would be payable immediately prior to the withdrawal:

• Death Benefit payable immediately prior to the withdrawal = The greater of Purchase Payment

and Contract Value

• Death Benefit payable immediately prior to the withdrawal = The greater of $100,000 and $60,000

= $100,000

Step 2: Calculate ratio of the withdrawal to the Contract Value immediately prior to the withdrawal:

• Ratio = Withdrawal / (Contract Value immediately prior to the withdrawal)

• Ratio = $20,000 / $60,000 = 0.3333333

Step 3: Calculate reduction to Purchase Payment:

• Reduction to Purchase Payment = Ratio x (Purchase Payment prior to withdrawal)

• Reduction to Purchase Payment = 0.3333333 x $100,000 = $33,333.33

Step 4: Calculate Purchase Payment adjusted for withdrawals:

• Purchase Payment adjusted for withdrawals = Purchase Payment prior to withdrawal – Reduction

to Purchase Payment

• Purchase Payment adjusted for withdrawals = $100,000 – $33,333.33 = $66,666.67

Step 5: Calculate the Contract Value after the withdrawal:

• Contract Value immediately after the withdrawal = Contract Value at the time of the withdrawal –

withdrawal

• Contract Value immediately after the withdrawal = $60,000 – $20,000 = $40,000

Step 6: Calculate the Death Benefit that would be payable immediately after the withdrawal:

• Death Benefit payable immediately after the withdrawal = The greater of Purchase Payment

adjusted for withdrawals and Contract Value immediately after the withdrawal

• Death Benefit payable immediately after the withdrawal = The greater of $66,666.67 and $40,000

= $66,666.67

• The withdrawal of $20,000 reduced the Death Benefit payable by $33,333.33 (i.e., $100,000 -

$66,666.67)

As illustrated in Example 2, the Death Benefit calculation may result in a reduction in the Death Benefit

that is significantly larger than the withdrawal amount.

A Surrender Charge and Market Value Adjustment will not apply to Death Benefit proceeds. The Death

Benefit amount will not be less than the amount required by state law in which the Contract was delivered.

We will pay interest on lump sum Death Benefit proceeds if required by state law. Interest, if any, will be

calculated at the rate and for the time period required by state law.

So far as permitted by law, the Death Benefit proceeds will not be subject to any claim of the Beneficiary's

creditors.

If an Owner is added or changed, except in the case of spousal continuation, the amount that will be paid

upon the death of the new Owner is equal to the Contract Value on the date Death Benefit proceeds are

payable. There is no impact on the Death Benefit if an Owner is removed.

***Spousal Continuation***. If the sole primary Beneficiary is the surviving Spouse of the deceased Owner,

the surviving Spouse may elect to continue the Contract as the new Owner. This benefit may only be

exercised one time.

Effective on the continuation date, we will set the Contract Value equal to the Death Benefit proceeds that

would have been payable to the Spouse as the designated Beneficiary. This value is known as the

spousal continuation amount. The date we receive notification in Good Order that the surviving Spouse

has elected to continue the Contract as the new Owner is known as the continuation date.

Any addition to the Contract Value as a result of the Death Benefit proceeds will not be considered a

Purchase Payment and will be allocated to the Contract Value on a Pro Rata basis.

On or after the continuation date, the amount that will be paid as Death Benefit proceeds is equal to the

greater of:

• The current Contract Value on the date the Death Benefit proceeds are payable; or

• The spousal continuation amount adjusted for withdrawals since the continuation date.

Withdrawals other than GLWB Payments will proportionally reduce the spousal continuation amount by

the ratio of the withdrawal (including any Surrender Charge and Market Value Adjustment) to the Contract

Value immediately prior to the withdrawal. GLWB Payments will reduce the spousal continuation amount

by the amount of the GLWB Payment. Withdrawals include deductions for any applicable Surrender

Charge and Market Value Adjustment.

A Surrender Charge and Market Value Adjustment will not apply to Death Benefit proceeds. The Death

Benefit proceeds will not be less than the amount required by state law in which the Contract was

delivered.

See the "<u>[Guaranteed Lifetime Withdrawal Benefit](#i388c1875ee1f40f5908b92f7a61d79b1_115)</u>" section for the impact of spousal continuation on the

Covered Person(s) and the Guaranteed Lifetime Withdrawal Benefit.

***Death of Owner or Annuitant on or After the Payout Date***. We must be notified immediately of the

death of an Annuitant or Owner. Proof of Death will be required upon the death of an Annuitant or Owner.

We are not responsible for any misdirected payments that result from the failure to notify us of any such

death.

If an Annuitant dies during the Payout Period, remaining income payments or Death Benefit proceeds, if

any, will be distributed as provided by the Income Payout Option in effect. The Income Payout Option in

effect will determine whether additional income payments or a Death Benefit apply.

If an Owner dies during the Payout Period, any remaining income payments will be distributed at least as

rapidly as provided by the Income Payout Option in effect.

***Interest on Death Benefit Proceeds***. Interest will be paid on lump sum Death Benefit proceeds if

required by state law. Interest, if any, will be calculated at the rate and for the time period required by

state law.

***Abandoned Property Requirements***. Every state has unclaimed property laws which generally declare

annuity contracts to be abandoned after a period of inactivity of three to five years from the date the

Death Benefit is due and payable. For example, if the payment of a Death Benefit has been triggered, but,

if after a thorough search, we are still unable to locate the Beneficiary, or the Beneficiary does not come

forward to claim the Death Benefit in a timely manner, the Death Benefit will be paid to the abandoned

property division or unclaimed property office of the state in which the Beneficiary or you last resided, as

shown on our books and records, or to our state of domicile. The "escheatment" is revocable, however,

and the state is obligated to pay the Death Benefit (without interest) if your Beneficiary steps forward to

claim it with the proper documentation. The distribution of annuity contracts to the state abandoned

property division is subject to tax information reporting, federal income tax withholding and state income

tax withholding, where applicable. To prevent such escheatment, it is important that you update your

Beneficiary designations, including addresses, if and as they change. To make such changes, please

contact us by writing to us or calling us at our Administrative Office.

**Automatic Rebalance Program**

On each Contract Anniversary during the Accumulation Period, as part of automatic rebalancing, we will

reallocate your Contract Value based on your most recent allocation instructions that we have on file. See

<u>[Allocating Your Purchase Payments - Reallocations - Automatic Rebalance Program](#i388c1875ee1f40f5908b92f7a61d79b1_70)</u>for more details.

**Systematic Withdrawals**

Our systematic withdrawal program is an administrative program designed for you to take reoccurring,

automatic withdrawals at the frequency you select. You can receive payments monthly, quarterly, semi-

annually, or annually, subject to the $100 minimum partial withdrawal amount and minimum Surrender

Value described above. The systematic withdrawal program is available to you at any time for no

additional charge. There are federal income tax consequences to partial withdrawals through the

systematic withdrawal plan and you should consult with your tax advisor before electing to participate in

the plan. We may cease offering this program or change the administrative rules related to the program

on a non-discriminatory basis.

Systematic withdrawals may be requested on the following basis:

**•**Total systematic withdrawals for the calendar year equal to your annual Required Minimum

Distribution;

**•**Total systematic withdrawals for the Contract Year equal to your annual GLWB Payment;

**•**As Substantially Equal Periodic Payments under Sections 72(t) and 72(q) of the Internal Revenue

Code (IRC), as described below;

**•**Beginning May 25, 2024, total systematic withdrawals for the Contract Year equal to a specified

dollar amount that is less than your annual GLWB Payment**; or**

**•**Prior to the GLWB Payment Start Date, as a specified dollar amount.

Systematic withdrawals will be deducted on a Pro Rata basis from all your Allocation Options.

**All systematic withdrawals before the GLWB Payment Start Date – including systematic** 

**withdrawals for required minimum distributions or for substantially equal periodic payments – are** 

**Excess Withdrawals subject to Surrender Charge and Market Value Adjustment and will reduce** 

**the GLWB Benefit Base and Purchase Payment used in determining the Death Benefit, perhaps by** 

**more than the amount of the withdrawal. If you intend to make ongoing withdrawals, you should** 

**consult a financial professional to determine whether the Contract is appropriate for you.** 

However, as with other partial withdrawals, systematic withdrawals are not subject to the Surrender

Charge or Market Value Adjustment if, when added to total other withdrawals for the Contract Year, they

do not exceed the Annual Free Withdrawal Amount or are for GLWB Payments and RMDs taken after the

GLWB Payment Start Date. If a partial withdrawal is made after the GLWB Payment Start Date and total

withdrawals in the Contract Year do not exceed the GLWB Payment, it will be treated as a GLWB

Payment and the remaining GLWB Payment for the current Contract Year will be adjusted to reflect the

withdrawal. If the partial withdrawal causes the remaining systematic withdrawals to be less than the $100

minimum partial withdrawal amount, we will attempt to contact you or your financial professional to

discuss your options. GLWB Payments are treated as partial withdrawals and will reduce the remaining

GLWB Payment available in the Contract Year and the Death Benefit by the amount of the GLWB

Payment.

Systematic withdrawals for the Contract Year taken after the GLWB Payment Start Date cannot be more

than the annual GLWB Payment. **If a partial withdrawal causes total withdrawals in a Contract Year** 

**to exceed the GLWB Payment, the portion of the partial withdrawal that exceeds the GLWB** 

**Payment will be treated as an Excess Withdrawal and no further GLWB Payments will be made in** 

**that Contract Year.**

Systematic withdrawals (including beginning May 25, 2024, GLWB Payment systematic withdrawals) can

be terminated by Authorized Request or will terminate when the Guaranteed Lifetime Withdrawal Benefit

Rider terminates. (Before May 25, 2024, GLWB Payment systematic withdrawals could not be

terminated.)

***<u>Required Minimum Distributions</u>****.* If your Required Minimum Distribution is greater than the GLWB

Payment, you can elect by Authorized Request to withdraw an amount equal to the Required Minimum

Distribution after the GLWB Payment Start Date. Such a withdrawal will not be treated as an Excess

Withdrawal, Surrender Charges and Market Value Adjustments will not apply, and the additional

withdrawal taken to satisfy the Required Minimum Distribution will not reduce the GLWB Benefit Base or

future GLWB Payments. Because Required Minimum Distributions are calculated based on a calendar

year and GLWB Payments are based on a Contract Year, if your Required Minimum Distributions is more

than the sum of the GLWB Payments and other withdrawals taken during the calendar year and you elect

to take an additional withdrawal that is greater than your GLWB Payment to equal the Required Minimum

Distribution, the additional withdrawal will be processed in December to ensure the calendar year

Required Minimum Distribution is satisfied and GLWB Payments for the remainder of the Contract Year

will be adjusted. This election will continue each year unless it is discontinued by Authorized Request.

***<u>Substantially Equal Periodic Payments.</u>*** If your annuity Contract is used as a funding vehicle for certain

retirement plans that receive special tax treatment under Sections 401, 403(b), 408 or 408A of the IRC,

Section 72(t) of the Internal Revenue Code (IRC) may provide an exception to the 10% additional tax on

distributions made prior to age 59½ if you elect to receive distributions as a series of "substantially equal

periodic payments." For Contracts issued as Non-Qualified Annuities, the IRC may provide a similar

exception from penalty under Section 72(q) of the IRC.

**•**You cannot take any withdrawals from the annuity other than the substantially equal periodic

payments.

**•**Changes due to investment experience do not affect the prohibition against taking distributions in

additional to the annual substantially equal periodic payment.

**•**No more than one substantially equal periodic payment series may be in effect for any year.

Substantially Equal Periodic Payments under Sections 72(t) and 72(q) may be subject to a Surrender

Charge and Market Value Adjustment. To request systematic withdrawals that comply with Sections 72(t)

or 72(q), you must provide us with certain required information in writing on a form acceptable to us.

There is no minimum Surrender Value we require to allow you to begin substantially equal periodic

payments under Sections 72(t) or 72(q). The minimum amount for any such withdrawal is $100 and

payments may be made monthly, quarterly, semi-annually, or annually. However, if treated as Excess

Withdrawals, payments under this program are subject to the minimum Surrender Value described above.

Substantially equal periodic payments must not be modified before the date that is the later of the fifth

anniversary of the date of the first payment and the date the contract owner reaches age 59½. If there are

modifications to the series of payments before that date, an additional recapture tax applies. If you begin

receiving GLWB Payments during this time, the withdrawals may be viewed as a modification. Please

consult your personal tax advisor.

**If you receive substantially equal periodic payments before the GLWB Payment Start Date or after** 

**the GLWB Payment Start Date that exceed your GLWB payment amount, such payments would be** 

**considered Excess Withdrawals and will reduce the GLWB Benefit Base and Purchase Payment** 

**used in determining the Death Benefit, perhaps by more than the amount of the withdrawal.**

You may also annuitize your Contract and begin receiving payments for the remainder of your life or life

expectancy as a means of receiving income payments before age 59½ that are not subject to the 10%

additional tax.

**INCOME PAYMENTS - THE PAYOUT PERIOD**

If the Guaranteed Lifetime Withdrawal Benefit has not been terminated, income payments will be equal to

the greater of the GLWB Payment or the income payment under the Income Payout Option elected. If the

income payment is equal to the GLWB Payment, the Covered Person(s) becomes the Annuitant(s). Upon

the death of all Annuitants, we will pay the Beneficiary an amount equal to the Contract Value immediately

prior to the commencement of the Payout Period less the total of the income payments paid. If the income

payment is equal to the income payment under the Income Payout Option elected, upon the death of all

Annuitants, we will pay the Beneficiary as described in "Income Payout Options" below.

The amount applied to an Income Payout Option is equal to the Contract Value immediately prior to the

commencement of the Payout Period less the amount of any premium taxes paid.

**Payout Date**

When you purchase the Contract, we will set the Payout Date as the Contract Anniversary following the

Annuitant's 95<sup>th</sup> birthday. If there are Joint Annuitants, we will set the Payout Date based on the Age of the

oldest Joint Annuitant.

You may change the Payout Date by sending an Authorized Request provided: (i) the request is made

while an Owner is living; (ii) the request is received at our Administrative Office at least 30 days before the

anticipated Payout Date; (iii) the requested Payout Date is at least two years after the Contract Issue

Date; and (iv) the requested Payout Date is no later than the anticipated Payout Date as shown on your

Contract Data Page**.** Any such change is subject to any maximum maturity Age restrictions that may be

imposed by law.

**Payout Period**

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

last payment as provided by the Income Payout Option chosen. On the first day of the Payout Period, the

Contract Value will be applied to the Income Payout Option you selected unless the GLWB Benefit is in

effect and the GLWB Payment would be higher. See "Income Payments - The Payout Period - <u>[Income](#i388c1875ee1f40f5908b92f7a61d79b1_151)</u> 

<u>[Payout Options](#i388c1875ee1f40f5908b92f7a61d79b1_151)</u>." A Surrender Charge and Market Value Adjustment will not apply to proceeds applied to

an Income Payout Option. You cannot change the Annuitant or Owner on or after the Payout Date for any

reason.

**Terms of Income Payments**

We use fixed rates of interest to determine the amount of fixed income payments payable under the

Income Payout Options. Fixed income payments are periodic payments from us to the Owner, the amount

of which is fixed and guaranteed by us. The amount of each payment depends on the form and duration

of the Income Payout Option chosen, the Age of the Annuitant, the gender of the Annuitant (if applicable),

the amount applied to purchase the income payments and the applicable income purchase rates in the

Contract. The income purchase rates in the Contract are based on a minimum guaranteed interest rate of

1%. We may, in our discretion and on a non-discriminatory basis, make income payments in an amount

based on a higher interest rate. Once income payments begin, you cannot change the terms or method of

those payments. We do not apply a Surrender Charge or Market Value Adjustment to income payments.

We will make the first income payment on the Payout Date. We may require proof of age and gender (if

the Income Payout Option rate is based on gender) of the Annuitant/Joint Annuitants before making the

first income payment. To receive income payments, the Annuitant/Joint Annuitant must be living on the

Payout Date and on the date that each subsequent payment is due as required by the terms of the

Income Payout Option. We may require proof from time to time that this condition has been met.

**Electing an Income Payout Option**

You and/or the Beneficiary may elect to receive one of the Income Payout Options described below. The

Income Payout Option and distribution, however, must satisfy the applicable distribution requirements of

Section 72(s) or 401(a)(9) of the Internal Revenue Code, as applicable.

The election of an Income Payout Option must be made by Authorized Request. The election is

irrevocable after the payments commence. The Owner may not assign or transfer any future payments

under any option.

We will make income payments monthly, quarterly, semiannually, or annually for the Installment Option.

Life Income and Joint and Survivor Life Income options allow monthly income payments. We will also

furnish the amount of such payments on request.

You may change your Income Payout Option any time before payments begin on the Payout Date.

**Income Payout Options**

We offer the following Income Payout Options described below. The frequency and duration of income

payments will affect the amount you receive with each payment. In general, if income payments are

expected to be made over a longer period of time, the amount of each income payment will be less than

the amount of each income payment if income payments are expected to be made over a shorter period

of time. Similarly, more frequent income payments will result in the amount of each income payment being

lower than if income payments were made less frequently for the same period of time.

**Option 1 – Installment Option.** We will pay monthly income payments for a chosen number of years, not

less than 10, nor more than 30. If the Annuitant dies before income payments have been made for the

chosen number of years, remaining guaranteed income payments will be treated as the death benefit and

will be distributed in one of the following two ways: a.) income payments will be continued for the

remainder of the period to the Owner; or b.) the present value of the remaining income payments,

computed at the interest rate used to create the Option 1 rates, will be paid to the Owner.

**Option 2 – Life Income Option – Guaranteed Period Certain.** We will pay monthly income payments

for as long as the Annuitant lives. If the Annuitant dies before all of the income payments have been made

for the guaranteed period certain, remaining guaranteed income payments will be treated as the death

benefit and will be distributed in one of the following two ways: a.) income payments will be continued

during the remainder of the guaranteed period certain to the Owner; or b.) the present value of the

remaining income payments, computed at the interest rate used to create the Option 2 rates, will be paid

to the Owner. If a Guaranteed Period of 0 years is selected and the Annuitant dies before the first income

payment is made, no income payments will be made, and the Death Benefit described in the "DEATH

BENEFIT – Death Benefit Proceeds" will be paid.

The Guaranteed Period Certain choices are:

• 0 years (life income only);

• 5 years;

• 10 years;

• 15 years; or

• 20 years.

**Option 3 – Joint and Survivor Life Income Option – 10-Year Guaranteed Period Certain.** We will pay

monthly income payments for as long as either of the Annuitants is living. If at the death of the second

surviving Annuitant, income payments have been made for less than 10 years, remaining guaranteed

income payments will be treated as the death benefit and will be distributed in one of the following two

ways: a.) income payments will be continued during the remainder of the guaranteed period certain to the

Owner; or b.) the present value of the remaining income payments, computed at the interest rate used to

create the Option 3 rates, will be paid to the Owner.

Income payment(s) will be made to the Beneficiary if there is no surviving Owner. If there is no surviving

Owner or Beneficiary, income payment(s) will be made to the Owner's estate.

If you do not select an Income Payout Option, we will make monthly payments on the following basis,

(unless the Internal Revenue Code ("IRC") requires that we pay in some other manner in order for the

Contract to qualify as an annuity or to comply with Section 401(a)(9) of the IRC, in which case we will

comply with those requirements):

● If the Guaranteed Lifetime Withdrawal Benefit has not been terminated, the Covered Person(s)

becomes the Annuitant(s). Income payments will be equal to the greater of (a) and (b):

(a)GLWB Payment; or (b) The Contract Value applied to the Life Income Option with 10-Year

Guaranteed Period Certain for Contracts with one Annuitant or the Joint and Survivor Life

Income Option with 10-Year Guaranteed Period Certain for Contracts with two Annuitants, as

described in Income Payout Options 2 and 3 above.

● If the income payment is equal to (a), upon the death of all Annuitants, we will pay the Beneficiary

an amount equal to the Contract Value immediately prior to the commencement of the Payout

Period less the total of the income payments paid. If the income payment is equal to (b), upon the

death of all Annuitants, we will pay the Beneficiary as described in Income Payout Options 2 and

3 above.

● If the Guaranteed Lifetime Withdrawal Benefit is terminated, income payments will be equal to the

Contract Value applied to the Life Income Option with 10-Year Guaranteed Period Certain for

Contracts with one Annuitant or the Joint and Survivor Life Income Option with 10-Year

Guaranteed Period Certain for Contracts with two Annuitants, as described in Income Payout

Options 2 and 3 above.

The minimum amount which can be applied under all Income Payout Options is the greater of $2,500 or

the amount required to provide an initial monthly income payment of $20. We do not allow partial

annuitization. We may require due proof of age and gender of any Annuitant on whose life an Income

Payout Option is based.

The Income Payout Options described above may not be offered in all states. Any state variations are

described in <u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u>. Further, we may offer other Income Payout Options. More than one option may

be elected. If your Contract is a Qualified Contract, not all options may satisfy Required Minimum

Distribution rules. In addition, note that effective for Qualified Contract Owners who die on or after

January 1, 2020, subject to certain exceptions, most non-spouse designated beneficiaries must now

complete death benefit distributions within ten years of the Owner's death in order to satisfy required

minimum distribution rules. You should consult a tax advisor before electing an Income Payout Option.

**FEDERAL INCOME TAX MATTERS**

The following discussion is general in nature and is not intended as tax advice. Each person concerned

should consult a competent tax advisor. No attempt is made to consider any applicable state or other

income tax laws, any state and local estate or inheritance tax, or other tax consequences of ownership or

receipt of distributions under a Contract.

**General Tax Treatment**

When you invest in an annuity contract, you usually do not pay taxes on your investment gains until you

withdraw the money—generally for retirement purposes.

If you invest in an annuity as part of an individual retirement plan, pension plan or employer-sponsored

retirement program, your contract is called a Qualified Contract. The tax rules applicable to Qualified

Contracts vary according to the type of retirement plan and the terms and conditions of the plan.

If your annuity is independent of any formal retirement or pension plan, it is termed a Non-Qualified

Contract.

Tax law imposes several requirements that annuities must satisfy to receive the tax treatment normally

accorded to annuity contracts. We believe that the Contracts will qualify as annuity contracts for Federal

income tax purposes and this discussion is based on that assumption. Non-Qualified Contracts contain

provisions that are intended to comply with these Internal Revenue Code requirements; we intend to

review such provisions and modify them, if necessary, to assure that they comply with the applicable

requirements when such requirements are clarified by regulation or otherwise. Other rules may apply to

Qualified Contracts.

**Taxation of Withdrawals** 

***Non-Qualified Contracts.*** When a partial withdrawal from a Non-Qualified Contract occurs, the amount

received will be treated as ordinary income subject to tax up to an amount equal to the excess (if any) of

the Contract Value, without adjustment for any applicable Surrender Charge, immediately before the

distribution over the Owner's investment in the Contract (generally, the Purchase Payments or other

consideration paid for the Contract, reduced by any amount previously distributed from the Contract that

was not subject to tax) at that time. In the case of a full surrender under a Non-Qualified Contract, the

amount received generally will be taxable only to the extent it exceeds the Owner's investment in the

Contract.

***Qualified Contracts.*** In the case of a withdrawal under a Qualified Contract, you are taxed based on the

portion of the withdrawal that exceeds your "investment in the contract" (often referred to as cost basis).

For Qualified Contracts, you typically have not paid tax on the Purchase Payment contributed to your

Contract, and therefore there is generally no cost basis. As a result, most amounts withdrawn from the

Contract will be treated as fully taxable ordinary income. Exceptions to this general rule include

withdrawals from Roth IRAs and IRAs where you have separately tracked and reported any after-tax

contributions that you have made. We generally do not track employee contributions. You should consult

your tax advisor.

**Market Value Adjustment**

The Contract Value immediately before a withdrawal may be increased or decreased by a Market Value

Adjustment that results from a withdrawal. There is, however, no definitive guidance on the proper tax

treatment of Market Value Adjustments and you should discuss the potential tax consequences of a

Market Value Adjustment with your tax advisor.

**Taxation of GLWB Payments**

GLWB Payments are taxed the same way as regular withdrawals. This includes the possibility of an

additional tax if you begin receiving payments before age 59½. Once you have fully recovered your

investment in the Contract (generally your Purchase Payment or other amounts you paid), all GLWB

Payments you receive will be fully taxable as ordinary income even if your Contract Value has fallen to

zero.

**Additional Tax on Certain Withdrawals**

In the case of a distribution, there may be an imposed federal additional tax equal to ten percent of the

amount treated as income. In general, however, there is no additional tax on distributions if:

• you die;

• you become disabled;

• you receive a series of substantially equal periodic payments made (at least annually) for your life

(or life expectancy) or the joint lives (or life expectancies) for you and your named beneficiary;

• your withdrawal is a qualified reservist distribution;

• the distribution is due to any IRS levy;

• your withdrawal is due to a terminal illness distribution; or

• you withdraw funds up to the cap for domestic violence abuse distribution.

Other exceptions may be applicable under certain circumstances and special rules may be applicable in

connection with the exceptions enumerated above. Additional exceptions may apply to distributions from

a Qualified Contract. You should consult a qualified tax advisor.

**Substantially Equal Periodic Payments**

Substantially equal periodic payments must continue until the later of reaching age 59½ or five years.

Modification of payments during that time period will result in the retroactive application of the 10%

additional tax. You should consult a qualified tax advisor before making a modification.

**Taxation of Income Payments**

Although tax consequences may vary depending on the payout option elected under an annuity contract,

a portion of each income payment is generally not taxed, and the remainder is taxed as ordinary income.

The non-taxable portion of an income payment is generally determined in a manner that is designed to

allow you to recover your investment in the Contract ratably on a tax-free basis over the expected stream

of income payments, as determined when income payments start. Once your investment in the Contract

has been fully recovered, however, the full amount of each income payment is subject to tax as ordinary

income.

**Taxation of Death Benefit Proceeds** 

Amounts may be distributed from a Contract because of your death or the death of the Annuitant.

Generally, such amounts are includible in the income of the recipient as follows: (i) if distributed in a lump

sum, they are taxed in the same manner as surrender of the Contract, or (ii) if distributed under a payout

option, they are taxed in the same way as income payments.

To be treated as an annuity contract for Federal income tax purposes, Section 72(s) of the Internal

Revenue Code requires any Non-Qualified Contract to contain certain provisions specifying how your

interest in the Contract will be distributed in the event of the death of an Owner of the Contract.

Specifically, Section 72(s) requires that (i) if any Owner dies on or after the annuity starting date, but prior

to the time the entire interest in the Contract has been distributed, the entire interest in the Contract will

be distributed at least as rapidly as under the method of distribution being used as of the date of such

Owner's death; and (ii) if any Owner dies prior to the annuity starting date, the entire interest in the

Contract will be distributed within five years after the date of such Owner's death unless distributions are

made over life or life expectancy, beginning within one year of the death of the Owner. However, if the

designated Beneficiary is the surviving spouse of the deceased Owner, the Contract may be continued

with the surviving spouse as the new Owner.

**Transfers, Assignments or Exchanges of the Contract**

A transfer or assignment of ownership of the Contract, the designation of an Annuitant other than the

Owner, the selection of certain maturity dates, or the exchange of the Contract may result in certain tax

consequences to you that are not discussed herein. An Owner contemplating any such transfer,

assignment or exchange, should consult a tax advisor as to the tax consequences.

**Withholding**

Annuity and pension Distributions are generally subject to federal income tax withholding. They may also

be subject to state income tax withholding, where applicable. Recipients can generally elect, however, not

to have tax withheld from distributions. The withholding rate varies according to the type of distribution

and the Owner's tax status. The Owner will be provided the opportunity to elect not have tax withheld

from distributions. Certain limitations may apply. Please consult a tax advisor before making any

withholding election.

"Eligible rollover distributions" from section 401(a), 403(b), and governmental 457 plans are subject to a

mandatory federal income tax withholding of 20%. For this purpose, an eligible rollover distribution is any

distribution to an employee (or employee's spouse or former spouse as Beneficiary or alternate Payee)

from such a plan, except certain distributions such as distributions required by the Internal Revenue

Code, distributions in a specified annuity form, or hardship distributions. The 20% withholding does not

apply, however, to nontaxable distributions or if (i) the employee (or employee's spouse or former spouse

as Beneficiary or alternative Payee) chooses a "direct rollover" from the plan to a tax-qualified plan, IRA or

tax sheltered annuity or to a governmental 457 plan that agrees to separately account for rollover

contributions; or (ii) a non-spouse Beneficiary chooses a "direct rollover" from the plan to an IRA

established by the direct rollover.

**Federal Estate Taxes, Gift and Generation-Skipping Transfer Taxes**

While no attempt is being made to discuss in detail the Federal estate tax implications of the Contract, a

purchaser should keep in mind that the value of an annuity contract owned by a decedent and payable to

a Beneficiary by virtue of surviving the decedent is included in the decedent's gross estate. Depending on

the terms of the annuity contract, the value of the annuity included in the gross estate may be the value of

the lump sum payment payable to the contingent Owner or the actuarial value of the payments to be

received by the Beneficiary. Consult an estate planning advisor for more information.

Under certain circumstances, the Internal Revenue Code may impose a generation-skipping transfer tax

("GST") when all or part of an annuity contract is transferred to, or a Death Benefit is paid to, an individual

two or more generations younger than the Owner. Regulations issued under the Internal Revenue Code

may require us to deduct the tax from your Contract, or from any applicable payment, and pay it directly to

the IRS. The federal estate tax, gift tax and GST tax exemptions and maximum rates may each be

adjusted.

The potential application of these taxes underscores the importance of seeking guidance from a qualified

advisor to help ensure that your estate plan adequately addresses your needs and those of your

beneficiaries under all possible scenarios.

**Same-Sex Spouses**

Under the Contract, a surviving spouse may have certain continuation rights that he or she may elect to

exercise upon your death for the Contract's Death Benefit. All Contract provisions relating to spousal

continuation are available only to a person who meets the definition of "spouse" under federal law. The

U.S. Supreme Court has held that same-sex marriages must be permitted under state law and that

marriages recognized under state law will be recognized for federal law purposes. Domestic partnerships

and civil unions that are not recognized as legal marriages under state law, however, will not be treated as

marriages under federal law. Consult a tax advisor for more information on this subject.

**Annuity Purchases By Nonresident Aliens and Foreign Corporations**

The discussion above provides general information regarding U.S. federal income tax consequences to

annuity purchasers that are U.S. citizens or residents. Purchasers that are not U.S. citizens or U.S.

permanent residents will generally be subject to U.S. federal withholding tax on taxable distributions from

annuity contracts at a 30% rate unless a lower treaty rate applies. In addition, such purchasers may be

subject to state and/or municipal taxes and taxes that may be imposed by the purchaser's country of

citizenship or residence. Additional withholding may occur with respect to entity purchasers (including

foreign corporations, partnerships, and trusts) that are not U.S. residents. Prospective purchasers are

advised to consult with a qualified tax advisor regarding U.S., state, and foreign taxation with respect to

an annuity contract purchase.

**Additional Information about the Taxation of Non-Qualified Contracts**

This discussion generally applies to Contracts owned by natural persons. See "Non-Natural Person"

below for a discussion of Non-Qualified Contracts owned by persons such as corporations and trusts that

are not natural persons.

***Medicare Tax.*** Distributions from a Non-Qualified Contract will be considered "investment income" for

purposes of the Medicare tax on investment income. Thus, in certain circumstances, a 3.8% tax may be

applied to some or all of the taxable portion of distributions (e.g., earnings) to individuals whose income

exceeds certain threshold amounts. Please consult a tax advisor for more information.

***Multiple Contracts.*** All Non-Qualified deferred annuity contracts that are issued by us (or our affiliates) to

the same Owner during any calendar year are treated as one annuity contract for purposes of determining

the amount includible in such Owner's income when a taxable distribution occurs.

***Non-Natural Person.*** If a non-natural person (e.g., a corporation or a trust) owns a Non-Qualified

Contract, the taxpayer generally must include in income any increase in the excess of the account value

over the investment in the Contract (generally, the Purchase Payment or other consideration paid for the

Contract) during the taxable year. There are some exceptions to this rule and a prospective Owner that is

not a natural person should discuss these with a tax advisor.

**Additional Information about the Taxation of Qualified Contracts**

***Individual Retirement Annuities (IRAs)***, as defined in Section 408 of the Internal Revenue Code, permit

individuals to make annual contributions of up to the lesser of a specified dollar amount for the year or the

amount of compensation includible in the individual's gross income for the year. The contributions may be

deductible in whole or in part, depending on the individual's income. Distributions from certain retirement

plans may be "rolled over" into an IRA on a tax-deferred basis without regard to these limits. Amounts in

the IRA (other than nondeductible contributions) are taxed when distributed from the IRA. A 10%

additional tax generally applies to distributions made before age 59½, unless an exception applies.

Distributions that are rolled over to an IRA within 60 days are not immediately taxable, however only one

such rollover is permitted each year. An individual can make only one rollover from an IRA to another (or

the same) IRA in any 12-month period, regardless of the number of IRAs that are owned. The limit will

apply by aggregating all of an individual's IRAs, including SEP and SIMPLE IRAs as well as traditional

and Roth IRAs, effectively treating them as one IRA for purposes of the limit. This limit does not apply to

direct trustee-to-trustee transfers or conversion to Roth IRAs.

***Roth IRAs***, as described in Internal Revenue Code Section 408A, permit certain eligible individuals to

contribute to make non-deductible contributions to a Roth IRA in cash or as a rollover or transfer from

another Roth IRA or other IRA. A rollover from or conversion of an IRA to a Roth IRA is generally subject

to tax and other special rules apply. The Owner may wish to consult a tax advisor before combining any

converted amounts with any other Roth IRA contributions, including any other conversion amounts from

other tax years. Distributions from a Roth IRA generally are not taxed, except that, once aggregate

distributions exceed contributions to the Roth IRA, income tax and a 10% additional tax may apply to

distributions made (i) before age 59½ (subject to certain exceptions) or (ii) during the five taxable years

starting with the year in which the first contribution is made to any Roth IRA. A 10% additional tax may

apply to amounts attributable to a conversion from an IRA if they are distributed during the five taxable

years beginning with the year in which the conversion was made. Distributions that are rolled over to an

IRA within 60 days are not immediately taxable, however only one such rollover is permitted each year.

An individual can make only one rollover from an IRA to another (or the same) IRA in any 12-month

period, regardless of the number of IRAs that are owned. The limit will apply by aggregating all of an

individual's IRAs, including SEP and SIMPLE IRAs as well as traditional and Roth IRAs, effectively

treating them as one IRA for purposes of the limit. This limit does not apply to direct trustee-to-trustee

transfers or conversions to Roth IRAs.

***Required Minimum Distributions***. Qualified Contracts have required minimum distribution ("RMD") rules

that govern the timing and amount of distributions. You should refer to your Contract or consult a tax

advisor for more information about these rules. The required beginning date for these distributions is

based on your applicable age as defined in the tax law. You should refer to your Contract, retirement plan,

adoption agreement, or consult a tax advisor for more information about these distribution rules.

If distributions from your IRA are made in the form of an annuity, and the annuity payments in a year

exceed the amount that would be required to be distributed for the year under the rules for non-annuitized

contracts (determined by treating the IRA's account balance as including the value of the annuity), the

excess can be counted towards satisfying the RMD with respect to any non-annuitized account balance in

your IRA(s). You should consult a tax advisor if you want to use this special rule.

Effective for Qualified Contract Owners who die on or after January 1, 2020, subject to certain exceptions,

most non-spouse designated beneficiaries must now complete death benefit distributions within ten years

of the Owner's death in order to satisfy RMD rules. Consult a tax advisor.

If you fail to take your full RMD for a year, you will be subject to a 25% excise tax on any shortfall. This

excise tax is reduced to 10% if a distribution of the shortfall is made within two years and prior to the date

the excise tax is assessed or imposed by the IRS. If you fail to take your full RMD for a year, you should

consult with a tax advisor for more information.

**Possible Tax Law Changes**

Although the likelihood of legislative changes is uncertain, there is always the possibility that the tax

treatment of the Contract could change by legislation or otherwise. Consult a tax advisor with respect to

legislative developments and their effect on the Contract.

We have the right to modify the Contract in response to legislative changes that could otherwise diminish

the favorable tax treatment that annuity contract owners currently receive. We make no guarantee

regarding the tax status of any contact and do not intend the above discussion as tax advice.

**What Acts may result in Penalties or Additional Taxes?**

There are tax advantages to using an annuity for retirement savings. The tax advantages may be offset

by additional taxes and penalties if you are not familiar with and follow the rules.

For example, there may be additions to regular tax for the following activities:

• Taking early distributions

• Allowing excess amounts to accumulate for failing to tax required distributions

• Making excess contributions

There may be penalties for the following, without limitation:

• Overstating the amount of nondeductible contributions

• Not having enough tax withheld

• Failing to report income

Please consult with your personal advisor to understand when additional tax or penalties may apply.

**OTHER INFORMATION**

**Important Information about the Indices** 

***S&P 500 Index.*** The Contract is not sponsored, endorsed, sold or promoted by Standard & Poor's, a

division of the McGraw-Hill companies, Inc. ("S&P"). S&P makes no representation or warranty, express

or implied, to the Owners of the Contract or any member of the public regarding the advisability of

investing in securities generally or in the Contract particularly or the ability of the S&P 500 Index to track

general stock market performance. S&P's only relationship to the Company is the licensing of certain

trademarks and trade names of S&P and of the S&P 500 Index which is determined, composed and

calculated by S&P without regard to the Company or the Contract. S&P has no obligation to take the

needs of the Company or the Owners of the Contract into consideration in determining, composing or

calculating the S&P 500 Index.

S&P is not responsible for and has not participated in the determination of the prices and amount of the

Contract or the timing of the issuance or sale of the Contract or in determination or calculation of the

equation by which the Contract is to be converted into cash. S&P has no obligation or liability in

connection with the administration, marketing or trading of the Contract.

S&P DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE S&P 500

INDEX OR ANY DATA INCLUDED THEREIN, AND S&P SHALL HAVE NO LIABILITY FOR ANY

ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. S&P MAKES NO WARRANTY, EXPRESS OR

IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE COMPANY, OWNERS OF THE PRODUCT, OR

ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P 500 INDEX OR ANY DATA

INCLUDED THEREIN. S&P MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY

DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE

OR USE WITH RESPECT TO THE S&P 500 INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT

LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL S&P HAVE ANY LIABILITY FOR ANY

SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS),

EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

The S&P 500 Index is a stock market index based on the market capitalizations of 500 leading companies

publicly traded in the U.S. stock market, as determined by Standard & Poor's. The S&P 500 Index can go

up or down based on the stock prices of the 500 companies that comprise the Index. The S&P 500 Index

does not include dividends paid on the stocks comprising the Index and therefore does not reflect the full

investment performance of the underlying stocks.

The S&P 500 Index is a trademark of Standard & Poor's or its affiliates and has been licensed for use by

the Company.

***Russell 2000 Index.*** The Contract is not sponsored, endorsed, sold or promoted by Frank Russell Group

("Russell"). Russell makes no representation or warranty, express or implied, to the Owners of the

Contract or any member of the public regarding the advisability of investing in securities generally or in

the Contract particularly or the ability of the Russell 2000 Index to track general stock market

performance. Russell only relationship to the Company is in the licensing of certain trademarks and trade

names of Russell and Russell 2000 Index which is determined, composed and calculated by Russell

without regard to the Company or the Contract. Russell has no obligation to take the needs of the

Company or the Owners of the Contract into consideration in determining, composing or calculating the

Russell 2000 Index. Russell is not responsible for and has not participated in the determination of the

prices and amount of the Contract or the timing of the issuance or sale of the Contract or in determination

or calculation of the equation by which the Contract is to be converted into cash. Russell has no obligation

or liability in connection with the administration, marketing or trading of the Contract.

RUSSELL DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE

RUSSELL 2000 INDEX OR ANY DATA INCLUDED THEREIN, AND RUSSELL SHALL HAVE NO

LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. RUSSELL MAKES NO

WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE COMPANY,

OWNERS OF THE PRODUCT, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE

RUSSELL 2000 INDEX OR ANY DATA INCLUDED THEREIN. MSCI MAKES NO EXPRESS OR IMPLIED

WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR

FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE RUSSELL 2000 INDEX

OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT

SHALL RUSSELL HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, OR

CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE

POSSIBILITY OF SUCH DAMAGES.

Russell 2000® is a stock market index that measures performance of the 2,000 smallest companies in the

Russell 3000® Index, which is made up of 3,000 of the largest U.S. stocks. The Russell 2000® Index is

constructed to provide a comprehensive and unbiased small-cap barometer and is completely

reconstituted annually to ensure larger stocks do not affect the performance and characteristics of the

true small-cap index.

***MSCI EAFE Index.*** The Contract is not sponsored, endorsed, sold or promoted by Morgan Stanley

Capital International Inc. ("MSCI"). MSCI makes no representation or warranty, express or implied, to the

Owners of the Contract or any member of the public regarding the advisability of investing in securities

generally or in the Contract particularly or the ability of the MSCI EAFE Index to track general stock

market performance. MSCI's only relationship to the Company is in the licensing of certain trademarks

and trade names of MSCI and of the MSCI EAFE Index which is determined, composed and calculated

by MSCI without regard to the Company or the Contract. MSCI has no obligation to take the needs of the

Company or the Owners of the Contract into consideration in determining, composing or calculating the

MSCI EAFE Index. MSCI is not responsible for and has not participated in the determination of the prices

and amount of the Contract or the timing of the issuance or sale of the Contract or in determination or

calculation of the equation by which the Contract is to be converted into cash. MSCI has no obligation or

liability in connection with the administration, marketing or trading of the Contract.

MSCI DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE MSCI

EAFE INDEX OR ANY DATA INCLUDED THEREIN AND MSCI SHALL HAVE NO LIABILITY FOR ANY

ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. MSCI MAKES NO WARRANTY, EXPRESS

OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE COMPANY, OWNERS OF THE PRODUCT,

OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE MSCI INDEX OR ANY DATA

INCLUDED THEREIN. MSCI MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY

DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE

OR USE WITH RESPECT TO THE MSCI EAFE INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT

LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL MSCI HAVE ANY LIABILITY FOR ANY

SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS),

EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

The MSCI EAFE Index is an equity index which captures large and mid cap representation across

developed markets countries around the world, excluding the U.S. and Canada. With 912 constituents,

the MSCI EAFE Index covers approximately 85% of the free float-adjusted market capitalization in each

country.

The MSCI EAFE Index is a trademark of MSCI or its affiliates and has been licensed for use by the

Company.

***Dimensional US Small Cap Value Systematic Index.*** The Dimensional US Small Cap Value Systematic

Index (the "Index") is sponsored and published by Dimensional Fund Advisors LP ("Dimensional").

References to Dimensional include its respective directors, officers, employees, representatives,

delegates or agents. The use of "Dimensional" in the name of the Index and the related stylized mark(s)

are service marks of Dimensional and have been licensed for use by MEMBERS Life Insurance Company

(the "Company"). The Company has entered into a license agreement with Dimensional providing for the

right to use the Index and related trademarks in connection with the TruStage<sup>®</sup> Zone Income Annuity (the

"Financial Product"). The Financial Product is not sponsored, endorsed, sold or promoted by Dimensional,

and Dimensional makes no representation regarding the advisability of investing in such Financial

Product. Dimensional has no responsibilities, obligations or duties to investors in the Financial Product,

nor does Dimensional make any express or implied warranties, including, but not limited to, any

warranties of merchantability or fitness for a particular purpose or use with respect to the Index, or as to

results to be obtained by a Financial Product or any other person or entity from the use of the Index,

trading based on the Index, the levels of the Index at any particular time on any particular date, or any

data included therein, either in connection with the Financial Product or for any other use. Dimensional

has no obligation or liability in connection with the administration, marketing or trading of the Financial

Product. In certain circumstances, Dimensional may suspend or terminate the Index. Dimensional has

appointed a third-party agent (the "Index Calculation Agent") to calculate and maintain the Index. While

Dimensional is responsible for the operation of the Index, certain aspects have thus been outsourced to

the Index Calculation Agent. Dimensional does not guarantee the accuracy, timeliness or completeness of

the Index, or any data included therein or the calculation thereof or any communications with respect

thereto. Dimensional has no liability for any errors, omissions or interruptions of the Index or in connection

with its use. In no event shall Dimensional have any liability of whatever nature for any losses, damages,

costs, claims and expenses (including any special, punitive, direct, indirect or consequential damages

(including lost profits)) arising out of matters relating to the use of the Index, even if notified of the

possibility of such damages. Dimensional has provided the Company with all material information related

to the Index methodology and the maintenance, operation and calculation of the Index. Dimensional

makes no representation with respect to the completeness of information related to the Index provided by

the Company in connection with the offer or sale of any Financial Product. Dimensional acts as principal

and not as agent or fiduciary of any other person. Dimensional has not published or approved this

document, nor does Dimensional accept any responsibility for its contents or use.

***Barclays Risk Balanced Index.*** Neither Barclays Bank PLC ("BB PLC") nor any of its affiliates

(collectively 'Barclays') is the issuer or producer of TruStage<sup>®</sup> Zone Income Annuity and Barclays has no

responsibilities, obligations or duties to investors in TruStage<sup>®</sup> Zone Income Annuity. The Barclays Risk

Balanced Index (the "Index"), together with any Barclays indices that are components of the Index, is a

trademark owned by Barclays and, together with any component indices and index data, is licensed for

use by the Company as the issuer or producer of TruStage<sup>®</sup> Zone Income Annuity (the "Issuer").

Barclays' only relationship with the Issuer in respect of the Index is the licensing of the Index, which is

administered, compiled and published by BB PLC in its role as the index sponsor (the "Index Sponsor")

without regard to the Issuer or the TruStage<sup>®</sup> Zone Income Annuity or investors in the TruStage<sup>®</sup> Zone

Income Annuity. Additionally, the Company as issuer or producer TruStage<sup>®</sup> Zone Income Annuity may for

itself execute transaction(s) with Barclays in or relating to the Index in connection with TruStage<sup>®</sup> Zone

Income Annuity. Investors acquire TruStage<sup>®</sup> Zone Income Annuity from the Company and investors

neither acquire any interest in the Index nor enter into any relationship of any kind whatsoever with

Barclays upon making an investment TruStage<sup>®</sup> Zone Income Annuity. The TruStage<sup>®</sup> Zone Income

Annuity is not sponsored, endorsed, sold or promoted by Barclays and Barclays makes no representation

regarding the advisability of the TruStage<sup>®</sup> Zone Income Annuity or use of the Index or any data included

therein. Barclays shall not be liable in any way to the Issuer, investors or to other third parties in respect of

the use or accuracy of the Index or any data included therein.

Barclays Index Administration ("BINDA"), a distinct function within BB PLC, is responsible for day-to-day

governance of BB PLC's activities as Index Sponsor.

To protect the integrity of Barclays' indices, BB PLC has in place a control framework designed to identify

and remove and/or mitigate (as appropriate) conflicts of interest. Within the control framework, BINDA has

the following specific responsibilities:

• oversight of any third party index calculation agent;

• acting as approvals body for index lifecycle events (index launch, change and retirement); and

• resolving unforeseen index calculation issues where discretion or interpretation may be required

(for example: upon the occurrence of market disruption events).

To promote the independence of BINDA, the function is operationally separate from BB PLC's sales,

trading and structuring desks, investment managers, and other business units that have, or may be

perceived to have, interests that may conflict with the independence or integrity of Barclays' indices.

Notwithstanding the foregoing, potential conflicts of interest exist as a consequence of BB PLC providing

indices alongside its other businesses. Please note the following in relation to Barclays' indices:

• BB PLC may act in multiple capacities with respect to a particular index including, but not limited

to, functioning as index sponsor, index administrator, index owner and licensor.

• Sales, trading or structuring desks in BB PLC may launch products linked to the performance of

an index. These products are typically hedged by BB PLC's trading desks. In hedging an index, a

trading desk may purchase or sell constituents of that index. These purchases or sales may affect

the prices of the index constituents which could in turn affect the level of that index.

• BB PLC may establish investment funds that track an index or otherwise use an index for portfolio

or asset allocation decisions.

The Index Sponsor is under no obligation to continue the administration, compilation and publication of

the Index or the level of the Index. While the Index Sponsor currently employs the methodology ascribed

to the Index (and application of such methodology shall be conclusive and binding), no assurance can be

given that market, regulatory, juridical, financial, fiscal or other circumstances (including, but not limited to,

any changes to or any suspension or termination of or any other events affecting any constituent within

the Index) will not arise that would, in the view of the Index Sponsor, necessitate an adjustment,

modification or change of such methodology. In certain circumstances, the Index Sponsor may suspend

or terminate the Index. The Index Sponsor has appointed a third-party agent (the "Index Calculation

Agent") to calculate and maintain the Index. While the Index Sponsor is responsible for the operation of

the Index, certain aspects have thus been outsourced to the Index Calculation Agent.

Barclays

1. makes no representation or warranty, express or implied, to the Issuer or any member of the

public regarding the advisability of investing in transactions generally or the ability of the Index to

track the performance of any market or underlying assets or data; and

2. has no obligation to take the needs of the Issuer into consideration in administering, compiling or

publishing the Index.

Barclays has no obligation or liability in connection with administration, marketing or trading of the

TruStage<sup>®</sup> Zone Income Annuity.

The licensing agreement between the Company and BB PLC is solely for the benefit of the Company and

Barclays and not for the benefit of the owners of the TruStage<sup>®</sup> Zone Income Annuity, investors or other

third parties.

BARCLAYS DOES NOT GUARANTEE, AND SHALL HAVE NO LIABILITY TO THE PURCHASERS AND

TRADERS, AS THE CASE MAY BE, OF THE TRANSACTION OR TO THIRD PARTIES FOR THE

QUALITY, ACCURACY AND/OR COMPLETENESS OF THE INDEX OR ANY DATA INCLUDED

THEREIN OR FOR INTERRUPTIONS IN THE DELIVERY OF THE INDEX. BARCLAYS MAKES NO

EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES

OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO

THE INDEX INCLUDING, WITHOUT LIMITATION, THE INDICES, OR ANY DATA INCLUDED THEREIN.

IN NO EVENT SHALL BARCLAYS HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT,

OR CONSEQUENTIAL DAMAGES, OR ANY LOST PROFITS, EVEN IF NOTIFIED OF THE

POSSIBILITY OF SUCH DAMAGES SAVE TO THE EXTENT THAT SUCH EXCLUSION OF LIABILITY IS

PROHIBITED BY LAW.

None of the information supplied by Barclays and used in this publication may be reproduced in any

manner without the prior written permission of Barclays Bank PLC. Barclays Bank PLC is registered in

England No. 1026167. Registered office 1 Churchill Place London E14 5HP.

**Any reference to 'Bloomberg Index Services Limited' (including as abbreviated to 'Bloomberg') in** 

**their capacity as the index calculation agent must include the following:**

Bloomberg Index Services Limited is the official index calculation and maintenance agent of the Index, an

index owned and administered by Barclays. Bloomberg Index Services Limited does not guarantee the

timeliness, accurateness, or completeness of the Index calculations or any data or information relating to

the Index. Bloomberg Index Services Limited makes no warranty, express or implied, as to the Index or

any data or values relating thereto or results to be obtained therefrom, and expressly disclaims all

warranties of merchantability and fitness for a particular purpose with respect thereto. To the maximum

extent allowed by law, Bloomberg Index Services Limited, its affiliates, and all of their respective partners,

employees, subcontractors, agents, suppliers and vendors (collectively, the "protected parties") shall have

no liability or responsibility, contingent or otherwise, for any injury or damages, whether caused by the

negligence of a protected party or otherwise, arising in connection with the calculation of the Index or any

data or values included therein or in connection therewith and shall not be liable for any lost profits,

losses, punitive, incidental or consequential damages.

**Distribution of the Contract**

We have entered into a distribution agreement with our affiliate, CBSI, for the distribution of the Contract.

CBSI is a wholly-owned subsidiary of CUNA Mutual Investment Corporation ("CMIC"). The principal

business address of CBSI is 2000 Heritage Way, Waverly, IA 50677.

We and CBSI enter into selling agreements with other broker-dealers (the "Selling Broker-Dealers")

registered under the Securities Exchange Act of 1934, as amended (the "1934 Act"), who are members of

the Financial Industry Regulatory Authority, Inc. ("FINRA"). Contracts are sold by registered

representatives of the Selling Broker-Dealers (the "Selling Agents"). In those states where the Contract

may be lawfully sold, the Selling Agents are licensed as insurance agents by applicable state insurance

authorities and are appointed as agents of the Company.

Until May 2022, CBSI offered securities directly to customers through its registered representatives, many

of whom are also employed by CBSI's affiliates or various credit unions. Pursuant to agreements between

CBSI and LPL Financial ("LPL"), most of them registered as LPL's Selling Agents, and CBSI receives

compensation from LPL for certain sales.

The Selling Broker-Dealers receive compensation for the promotion and sale of the Contract. The Selling

Agents who solicit sales of the Contract typically receive a portion of the compensation paid to the Selling

Broker-Dealers in the form of commissions or other compensation, depending on the agreement between

the Selling Broker-Dealer and the Selling Agent. The amount and timing of commissions paid to Selling

Broker-Dealers may vary depending on the selling agreement and the Contract sold but is not expected to

be more than 7.25% of the Purchase Payment. We and/or our affiliates may also pay asset-based

commission (sometimes called trail commissions) and may pay or allow other promotional incentives or

payments in the form of cash or other compensation to the extent permitted by FINRA rules and other

applicable laws and regulations.

We also pay compensation to wholesaling broker-dealers or other firms or intermediaries, including

payments to affiliates of ours, in return for wholesaling services such as providing marketing and sales

support, product training and administrative services to the Selling Agents of the Selling Broker-Dealers.

These allowances may be based on a percentage of each Purchase Payment.

In addition to the compensation described above, we may make additional cash payments, in certain

circumstances referred to as "override" compensation or reimbursements to Selling Broker-Dealers in

recognition of their marketing and distribution, transaction processing and/or administrative services

support. These payments are not offered to all Selling Broker-Dealers, and the terms of any particular

agreement governing the payments may vary among Selling Broker-Dealers depending on, among other

things, the level and type of marketing and distribution support provided. Marketing and distribution

support services may include, among other services, placement of the Company's products on the Selling

Broker-Dealers' preferred or recommended list, increased access to the Selling Broker-Dealers'

registered representatives for purposes of promoting sales of our products, assistance in training and

education of the Selling Agents, and opportunities for us to participate in sales conferences and

educational seminars. The payments or reimbursements may be calculated as a percentage of the

particular Selling Broker-Dealer's actual or expected aggregate sales of our annuity contracts (including

the Contract) and/or may be a fixed dollar amount. Broker-dealers receiving these additional payments

may pass on some or all of the payments to the Selling Agent.

You should ask your Selling Agent for further information about what commissions or other compensation

he or she, or the Selling Broker-Dealer for which he or she works, may receive in connection with your

purchase of a Contract.

Commissions and other incentives or payments described above are not charged directly to you. We

intend to recover commissions and other compensation, marketing, administrative and other expenses

and costs of Contract benefits through the fees and charges imposed under the Contract.

**Authority to Change**

Only the President or Secretary of the Company may change or waive any of the terms of your Contract.

Any change must be in writing and signed by the President or Secretary of the Company. You will be

notified of any such change, as required by law.

**Incontestability**

We consider all statements in your application (in the absence of fraud) to be representations and not

warranties. We will not contest your Contract.

**Misstatement of Age or Gender**

If an Annuitant's or Covered Person(s) date of birth is misstated, we will adjust the income Payments or

GLWB Payments under the Contract to be equal to the payout amount the Contract Value would have

purchased based on the individual's correct date of birth. If an Annuitant's gender has been misstated,

and the life income rate type is based on gender, we will adjust the income payments under the Contract

to be equal to the payout amount the Contract Value would have purchased based on the Annuitant's

correct gender. We will add any underpayments to the next payment. We will subtract any overpayment

from future payments. We will not credit or charge any interest to any underpayment or overpayment.

**Conformity with Applicable Laws**

The provisions of the Contract conform to the minimum requirements of the state in which the Contract is

delivered (i.e., the "state of issue"). The laws of the state of issue control any conflicting laws of any other

state in which the Owner may live on or after the Contract Issue Date. If any provision of your Contract is

determined not to provide the minimum benefits required by the state in which the Contract is issued,

such provision will be deemed to be amended to conform or comply with such laws or regulations.

Further, the Company will amend the Contract to comply with any changes in law governing the Contract

or the taxation of benefits under the Contract.

**Reports to Owners**

At least annually, we will mail a report to you at your last known address of record, a report that will state

the beginning and end dates for the current report period; your Contract Value at the beginning and end of

the current report period; the amounts that have been credited and debited to your Contract Value during

the current report period, identified by the type of activity the amount represents; the Surrender Value at

the end of the current report period; and any other information required by any applicable law or

regulation.

You also will receive confirmations of each financial transaction, such as transfers, withdrawals, and

surrenders.

**Householding**

To reduce service expenses, the Company may send only one copy of certain mailings and reports per

household, regardless of the number of contract owners at the household. However, you may obtain

additional copies upon request to the Company. If you have questions, please call us at 1-800-798-5500,

Monday through Friday, 7:30 A.M. to 6:00 P.M., Central Time.

**Change of Address**

You may change your address by writing to us at our Administrative Office. If you change your address,

we will send a confirmation of the address change to both your old and new addresses.

**Inquiries**

You may make inquiries regarding your Contract by writing to us or calling us at our Administrative Office.

**Legal Proceedings**

Like other insurance companies, we routinely are involved in litigation and other proceedings, including

class actions, reinsurance claims and regulatory proceedings arising in the ordinary course of our

business. In recent years, the life insurance and annuity industry, including us and our affiliated

companies, has been subject to an increase in litigation pursued on behalf of both individual and

purported classes of insurance and annuity purchasers, questioning the conduct of insurance companies

and their agents in the marketing of their products. In addition, state and federal regulatory bodies, such

as state insurance departments and attorneys general, periodically make inquiries and conduct

examinations concerning compliance by us and others with applicable insurance and other laws.

In connection with regulatory examinations and proceedings, government authorities may seek various

forms of relief, including penalties, restitution and changes in business practices. The Company has

established procedures and policies to facilitate compliance with laws and regulations and to support

financial reporting. These actions are based on a variety of issues and involve a range of the Company's

practices. We respond to such inquiries and cooperate with regulatory examinations in the ordinary

course of business. In the opinion of management, the ultimate liability, if any, resulting from all such

pending actions will not materially affect the financial statements of the Company, nor the Company's

ability to meet its obligations under the Contracts.

**FINANCIAL STATEMENTS**

The Company's statutory basis financial statements are hereby incorporated by reference to the <u>[Form N-](https://www.sec.gov/Archives/edgar/data/1562577/000156257726000062/mlicstat2025-forworkiva.htm)</u>

<u>[VPFS](https://www.sec.gov/Archives/edgar/data/1562577/000156257726000062/mlicstat2025-forworkiva.htm)</u> filed with the SEC by the Company on April 1, 2026. You should consider the Company's financial

statements only as bearing on the Company's ability to meet its obligations under your Contract.

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

**Risk Control Account Options**

The following is a list of the Risk Control Account options currently available under the Contract. We may

change the features of the Risk Control Accounts listed below (including the Index and the Caps), offer

new Risk Control Accounts, and terminate existing Risk Control Accounts. We will provide you with written

notice before making any changes other than changes to the Caps. Information about current Caps is

available at https://www.trustage.com/zone-income-annuity-rates.

**Note: During the Accumulation Period, if you surrender your Contract or take a partial withdrawal** 

**on any day other than each sixth Contract Anniversary, we will apply a Market Value Adjustment** 

**(which may be positive or negative). 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 each sixth Contract Anniversary.**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CONTRACTS ISSUED BEFORE MAY 25, 2024** | **CONTRACTS ISSUED BEFORE MAY 25, 2024** | **CONTRACTS ISSUED BEFORE MAY 25, 2024** | **CONTRACTS ISSUED BEFORE MAY 25, 2024** | **CONTRACTS ISSUED BEFORE MAY 25, 2024** | **CONTRACTS ISSUED BEFORE MAY 25, 2024** |
| **Index** | **Type of Index** | **Crediting** <br>**Period**<br>| **Account Type** | **Limit on Index** <br>**Loss (if held** <br>**until each 6th** <br>**Contract** <br>**Anniversary)**<br>| **Minimum Limit** <br>**on Index Gain** <br>**(for the Life of** <br>**the Contract)**<br>|
| S&P 500 <br>Price Return <br>Index<sup>(1)</sup> | stock market index based <br>on market capitalizations <br>of 500 leading companies <br>publicly traded in the U.S. <br>stock market | 1 year<sup>(2)</sup> | Secure Account | 0% Floor | 1% Cap |
| S&P 500 <br>Price Return <br>Index<sup>(1)</sup> | stock market index based <br>on market capitalizations <br>of 500 leading companies <br>publicly traded in the U.S. <br>stock market | 1 year<sup>(2)</sup> | Growth Account | -10% Floor | 1% Cap |
| MSCI EAFE <br>Price Return <br>Index<sup>(1)</sup> | stock market index <br>designed to measure the <br>equity market <br>performance of developed <br>markets excluding the <br>U.S. and Canada | 1 year<sup>(2)</sup> | Secure Account | 0% Floor | 1% Cap |
| MSCI EAFE <br>Price Return <br>Index<sup>(1)</sup> | stock market index <br>designed to measure the <br>equity market <br>performance of developed <br>markets excluding the <br>U.S. and Canada | 1 year<sup>(2)</sup> | Growth Account | -10% Floor | 1% Cap |
| Russell 2000 <br>Price return <br>Index<sup>(1)</sup> | stock market index that <br>measures the <br>performance of the small-<br>cap segment of the US <br>equity universe | 1 year<sup>(2)</sup> | Secure Account | 0% Floor | 1% Cap |
| Russell 2000 <br>Price return <br>Index<sup>(1)</sup> | stock market index that <br>measures the <br>performance of the small-<br>cap segment of the US <br>equity universe | 1 year<sup>(2)</sup> | Growth Account | -10% Floor | 1% Cap |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** | **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** | **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** | **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** | **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** | **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** |
| **Index** | **Type of Index** | **Crediting** <br>**Period**<br>| **Account Type** | **Limit on Index** <br>**Loss (if held** <br>**until each 6th** <br>**Contract** <br>**Anniversary)**<br>| **Minimum Limit** <br>**on Index Gain** <br>**(for the Life of** <br>**the Contract)**<br>|
| S&P 500 <br>Price Return <br>Index<sup>(1)</sup> | stock market index based <br>on market capitalizations <br>of 500 leading companies <br>publicly traded in the U.S. <br>stock market | 1 year<sup>(2)</sup> | Secure Account | 0% Floor | 1% Cap |
| S&P 500 <br>Price Return <br>Index<sup>(1)</sup> | stock market index based <br>on market capitalizations <br>of 500 leading companies <br>publicly traded in the U.S. <br>stock market | 1 year<sup>(2)</sup> | Growth Account | -10% Floor | 1% Cap |
| MSCI EAFE <br>Price Return <br>Index<sup>(1)</sup> | stock market index <br>designed to measure the <br>equity market <br>performance of developed <br>markets excluding the <br>U.S. and Canada | 1 year<sup>(2)</sup> | Secure Account | 0% Floor | 1% Cap |
| MSCI EAFE <br>Price Return <br>Index<sup>(1)</sup> | stock market index <br>designed to measure the <br>equity market <br>performance of developed <br>markets excluding the <br>U.S. and Canada | 1 year<sup>(2)</sup> | Growth Account | -10% Floor | 1% Cap |
| Dimensional <br>US Small <br>Cap Value <br>Systematic <br>Index<sup>(1)</sup> | stock market index that <br>invests within the smallest <br>8% of the US market <br>down to $100 million in <br>market capitalization with <br>relative prices in the <br>lowest 40% when ranked <br>by price to book | 1 year<sup>(2)</sup> | Secure Account | 0% Floor | 1% Cap |
| Dimensional <br>US Small <br>Cap Value <br>Systematic <br>Index<sup>(1)</sup> | stock market index that <br>invests within the smallest <br>8% of the US market <br>down to $100 million in <br>market capitalization with <br>relative prices in the <br>lowest 40% when ranked <br>by price to book | 1 year<sup>(2)</sup> | Growth Account | -10% Floor | 1% Cap |
| Barclays <br>Risk <br>Balanced <br>Index<sup>(1)</sup> | allocates between <br>equities and fixed income <br>using the principles of <br>Modern Portfolio Theory, <br>which seeks to maximize <br>the expected return based <br>on a given level of market <br>risk | 1 year<sup>(2)</sup> | Secure Account | 0% Floor | 1% Cap |
| Barclays <br>Risk <br>Balanced <br>Index<sup>(1)</sup> | allocates between <br>equities and fixed income <br>using the principles of <br>Modern Portfolio Theory, <br>which seeks to maximize <br>the expected return based <br>on a given level of market <br>risk | 1 year<sup>(2)</sup> | Growth Account | -10% Floor | 1% Cap |

---

(1)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.

(2)We credit interest to each Risk Control Account at the end of each Contract Year during the six-year

period by comparing the change in the Index from each Contract Anniversary (the first day of the

Contract Year) to the last day of the current Contract Year. However, Excess Withdrawals and

surrenders on any day other than every sixth Contract Anniversary will be subject to the Market Value

Adjustment.

The Index Return is determined on each Contract Anniversary and is measured over the Contract Year.

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 Contract Year.

The Floors for the Secure Account and Growth Account will not change during the life of your Contract.

We set the Cap each year for the next Contract Year. In return for accepting some risk of loss to your Risk

Control Account Value allocated to the Growth Account, the Cap for the Growth Account is higher than the

Cap for the Secure Account. The Cap will always be at least 1%.

During the life of your Contract, an Allocation Option with a Floor of 0% will always be available, and we

will continue to make a Secure Account and Growth Account option available for each Risk Control

Account that is available to you. **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.**

More information is about the Risk Control Accounts and the Market Value Adjustment is available under

"<u>[Risk Control Account Option](#i388c1875ee1f40f5908b92f7a61d79b1_79)</u>" and "<u>[Charges and Adjustments - Market Value Adjustment](#i388c1875ee1f40f5908b92f7a61d79b1_85)</u>."

**Declared Rate Account**

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

change the features of the Declared Rate Account Options listed below, offer new Declared Rate Account

Options, and terminate existing Declared Rate Account Options. We will provide you with written notice

before doing so.

**Note: During the Accumulation Period, if you surrender your Contract or take a partial withdrawal** 

**on any day other than each sixth Contract Anniversary, we will apply a Market Value Adjustment** 

**(which may be positive or negative). This may result in a significant reduction in your Contract** 

**Value.**

---

| | | |
|:---|:---|:---|
| **CONTRACTS ISSUED BEFORE MAY 25, 2024** | **CONTRACTS ISSUED BEFORE MAY 25, 2024** | **CONTRACTS ISSUED BEFORE MAY 25, 2024** |
| **Name** | **Term** | **Minimum** <br>**Guaranteed** <br>**Interest Rate**<br>|
| Declared Rate <br>Account<br>| 6 years | 0.25% |

---

---

| | |
|:---|:---|
| **CONTRACTS ISSUED AFTER MAY 25, 2024** | **CONTRACTS ISSUED AFTER MAY 25, 2024** |
| **Name** | **Term** |
| Declared Rate <br>Account<br>| 6 years<br>0.15%<sup>(1)</sup> |

---

(1) The Minimum Guaranteed Interest Rate is set on the Contract Issue Date and every sixth anniversary

based on the calendar quarter in which the Issue Date or Contract Anniversary falls.

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

Contract is sold. See <u>[Appendix B](#i388c1875ee1f40f5908b92f7a61d79b1_298)</u>.

**APPENDIX B: STATE AND FINANCIAL INTERMEDIARY VARIATIONS**

The following information is a summary of certain features or benefits of the Contracts that vary from

those previously described in this Prospectus as a result of requirements imposed by states or requests

from broker-dealers through which the Contract is sold. There may be other broker-dealer variations not

included in this Appendix because some broker-dealers may impose variations without our knowledge.

For example, your financial professional may not recommend a particular investment option or Contract

benefit to you. We have identified all material broker-dealer variations that are known to us. However,

taking into consideration the breadth of our distribution network, the terms of our current distribution

agreements, and the frequency with which we may make changes to the investment options, benefits,

and/or other Contract features, we cannot obtain information about any other financial intermediary

variations without unreasonable effort or expense.

You should discuss with your financial professional any state variations, as well as any limitations or

restrictions on investment options, benefits and/or features that apply through your broker-dealer or

financial intermediary.

**States where certain TruStage**<sup>®</sup> **Zone Income Annuity features or benefits vary:**

---

| | | |
|:---|:---|:---|
| State | Feature or Benefit | Variation |
| Arizona | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If your age as of the Contract Issue Date is <br>at least 65 years old, you must return your <br>Contract within 30 days of receipt.<br>|
| California | All references to "Allocation Options"<br>See "<u>[Getting Started](#i388c1875ee1f40f5908b92f7a61d79b1_43)</u><u>[–](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u><u>[The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_43)</u> <br><u>[Period - Owner](#i388c1875ee1f40f5908b92f7a61d79b1_43)</u>"<br>See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>See "<u>[Charges and Adjustments –](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u> <br><u>[Surrender Charge](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u>"<br>| The Declared Rate Account is available as <br>an Allocation Option only for Contracts <br>issued on or after September 25, 2024.<br>The Owner has the right to assign the <br>Contract.<br>If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if your <br>age as of the Contract Issue Date is at least <br>60 years old.<br>If your age as of the Contract Issue Date is <br>at least 60 years old, you must return your <br>Contract within 30 days of receipt.<br>"Nursing Home or Hospital" is replaced with <br>"Facility Care, Home Care, or Community-<br>Based Services". There is no minimum <br>confinement period to utilize this waiver. <br>The Facility Care or Home Care and <br>Terminal Illness waivers apply to full <br>surrenders only, not partial withdrawals.<br>|

---

---

| | | |
|:---|:---|:---|
| State | Feature or Benefit | Variation |
| Connecticut | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>See "<u>[Charges and Adjustments –](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u> <br><u>[Surrender Charge](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals.<br>You must return your Contract within 10 <br>days of receipt, including replacement <br>contracts.<br>There is a one-year wait before the waiver <br>of Surrender Charge provisions may be <br>exercised.<br>|
| Delaware | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was a <br>replacement, not new money.<br>You must return your Contract within 10 <br>days of receipt (20 days if it is a <br>replacement contract).<br>|
| Florida | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_43)</u> <br><u>[Period - Owner](#i388c1875ee1f40f5908b92f7a61d79b1_43)</u>"<br>See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>See "<u>[Income Payments – The Payout](#i388c1875ee1f40f5908b92f7a61d79b1_136)</u> <br><u>[Period - Payout Date](#i388c1875ee1f40f5908b92f7a61d79b1_136)</u>"<br>| The Owner has the right to assign the <br>Contract.<br>You must return your Contract within 21 <br>days of receipt (30 days if it is a <br>replacement contract).<br>The requested Payout Date must be at least <br>one year after the Contract Issue Date.<br>|
| Georgia | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals.<br>|
| Hawaii | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u><br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was new <br>money, not a replacement.<br>|
| Idaho | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals.<br>You must return your Contract within 20 <br>days of receipt, including replacement <br>contracts.<br>|
| Illinois | All references to "Allocation Options"<br>See "<u>[Glossary – Terminally Ill, Terminal](#idd1fc5fb3875467cafed75350599883c_18784)</u> <br><u>[Illness](#idd1fc5fb3875467cafed75350599883c_18784)</u>"<br>| The Declared Rate Account is not available <br>as an Allocation Option for Contracts issued <br>before May 25, 2024.<br>Terminally Ill, Terminal Illness – A life <br>expectancy of 24 months or less due to any <br>illness or accident.<br>|

---

---

| | | |
|:---|:---|:---|
| State | Feature or Benefit | Variation |
| Indiana | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was a <br>replacement, not new money.<br>You must return your Contract within 10 <br>days of receipt (20 days if it is a <br>replacement contract).<br>|
| Kansas | See "<u>[Glossary – Terminally Ill, Terminal](#idd1fc5fb3875467cafed75350599883c_18784)</u> <br><u>[Illness](#idd1fc5fb3875467cafed75350599883c_18784)</u>"<br>| Terminally Ill, Terminal Illness – A life <br>expectancy of 24 months or less due to any <br>illness or accident.<br>|
| Louisiana | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was new <br>money, not a replacement.<br>|
| Maryland | All references to "Allocation Options"<br>See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| The Declared Rate Account is available as <br>an Allocation Option only for Contracts <br>issued on or before May 10, 2024 or on or <br>after September 25, 2024.<br>If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was new <br>money, not a replacement.<br>As of September 25, 2024, to purchase a <br>Contract, you, the Annuitant, and the <br>Covered Person must be at least Age 49 <br>and no older than Age 85.<br>|

---

---

| | | |
|:---|:---|:---|
| State | Feature or Benefit | Variation |
| Massachusetts | See "<u>[Glossary – Terminally Ill, Terminal](#idd1fc5fb3875467cafed75350599883c_18784)</u> <br><u>[Illness](#idd1fc5fb3875467cafed75350599883c_18784)</u>"<br>See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>See "<u>[Charges and Adjustments –](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u> <br><u>[Surrender Charge](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u>"<br>See "<u>[Income Payments – The Payout](#i388c1875ee1f40f5908b92f7a61d79b1_142)</u> <br><u>[Period - Terms of Income Payments](#i388c1875ee1f40f5908b92f7a61d79b1_142)</u>"<br>See "<u>[Other Information - Misstatement of](#i388c1875ee1f40f5908b92f7a61d79b1_199)</u> <br><u>[Age or Gender](#i388c1875ee1f40f5908b92f7a61d79b1_199)</u>"<br>| Terminally Ill, Terminal Illness – A life <br>expectancy of 24 months or less due to any <br>illness or accident.<br>If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals.<br>You must return your Contract within 10 <br>days of receipt (20 days if it is a <br>replacement contract).<br>There is no Nursing Home or Hospital <br>waiver. The Terminal Illness waiver applies <br>to full surrenders only, not partial <br>withdrawals.<br>Income Options are not based on gender. <br>The amount of each payment depends on <br>all the items listed other than gender.<br>Income Options are not based on gender. <br>Only proof of age is required for <br>misstatement; proof of gender is not.<br>|
| Minnesota | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was a <br>replacement, not new money.<br>|
| Mississippi | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was new <br>money, not a replacement.<br>|
| Missouri | All references to "Allocation Options"<br>See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| The Declared Rate Account is not available <br>as an Allocation Option for Contracts issued <br>on or after May 25, 2024.<br>If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals.<br>You must return your Contract within 10 <br>days of receipt (20 days if it is a <br>replacement contract).<br>|
| Montana | See "<u>[Income Payments – The Payout](#i388c1875ee1f40f5908b92f7a61d79b1_142)</u> <br><u>[Period - Terms of Income Payments](#i388c1875ee1f40f5908b92f7a61d79b1_142)</u>"<br>See "<u>[Other Information - Misstatement of](#i388c1875ee1f40f5908b92f7a61d79b1_199)</u> <br><u>[Age or Gender](#i388c1875ee1f40f5908b92f7a61d79b1_199)</u>"<br>| Income Options are not based on gender. <br>The amount of each payment depends on <br>all the items listed other than gender.<br>Income Options are not based on gender. <br>Only proof of age is required for <br>misstatement; proof of gender is not.<br>|

---

---

| | | |
|:---|:---|:---|
| State | Feature or Benefit | Variation |
| Nebraska | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was new <br>money, not a replacement.<br>|
| Nevada | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals.<br>|
| New Jersey | All references to "Allocation Options"<br>See "<u>[Charges and Adjustments –](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u> <br><u>[Surrender Charge](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u>"<br>| The Declared Rate Account is not available <br>as an Allocation Option for Contracts issued <br>before May 25, 2024.<br>There is no Terminal Illness waiver.<br>|
| New <br>Hampshire<br>| See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was new <br>money, not a replacement.<br>|
| North Carolina | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was new <br>money, not a replacement.<br>|
| North Dakota | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>""<br>| You must return your Contract within 20 <br>days of receipt (30 days if it is a <br>replacement contract).<br>|
| Ohio | All references to "Allocation Options" | The Declared Rate Account is not available <br>as an Allocation Option for Contracts issued <br>on or after May 25, 2024.<br>|
| Oklahoma | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals.<br>You must return your Contract within 10 <br>days of receipt (20 days if it is a <br>replacement contract).<br>|
| Pennsylvania | All references to "Allocation Options" | The Declared Rate Account is not available <br>as an Allocation Option for Contracts issued <br>before May 25, 2024.<br>|
| Rhode Island | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was new <br>money, not a replacement.<br>You must return your Contract within 20 <br>days of receipt (30 days if it is a <br>replacement contract).<br>|

---

---

| | | |
|:---|:---|:---|
| State | Feature or Benefit | Variation |
| South Carolina | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was new <br>money, not a replacement.<br>|
| Tennessee | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| You must return your Contract within 10 <br>days of receipt (20 days if it is a <br>replacement contract).<br>If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was a <br>replacement, not new money.<br>|
| Texas | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_43)</u> <br><u>[Period - Owner](#i388c1875ee1f40f5908b92f7a61d79b1_43)</u>"<br>See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>See "<u>[Charges and Adjustments –](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u> <br><u>[Surrender Charge](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u>"<br>| The Owner has the right to assign the <br>Contract.<br>You must return your Contract within 20 <br>days of receipt (30 days if it is a <br>replacement contract).<br>"Terminal Illness" is replaced with "Terminal <br>Disability".<br>|
| Utah | All references to "Allocation Options"<br>See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_43)</u> <br><u>[Period - Owner](#i388c1875ee1f40f5908b92f7a61d79b1_43)</u>"<br>See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| The Declared Rate Account is not available <br>as an Allocation Option for Contracts issued <br>on or after May 25, 2024.<br>The Owner has the right to assign the <br>Contract.<br>If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals.<br>|
| Vermont | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>| If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals if the <br>source of your Purchase Payment was new <br>money, not a replacement.<br>|
| Virginia | All references to "Allocation Options"<br>See "<u>[Charges and Adjustments –](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u> <br><u>[Surrender Charge](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u>"<br>| The Declared Rate Account is available as <br>an Allocation Option only for Contracts <br>issued on or after May 10, 2024 or on or <br>after September 25, 2024.<br>"Terminal Illness" is replaced with "Terminal <br>Condition"<br>|

---

---

| | | |
|:---|:---|:---|
| State | Feature or Benefit | Variation |
| Washington | All references to "Allocation Options"<br>See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u> <br><u>[Period - Right to Examine](#i388c1875ee1f40f5908b92f7a61d79b1_58)</u>"<br>See "<u>[Charges and Adjustments –](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u> <br><u>[Surrender Charge](#i388c1875ee1f40f5908b92f7a61d79b1_2351)</u>"<br>| The Declared Rate Account is not available <br>as an Allocation Option for Contracts issued <br>before May 25, 2024.<br>If the Purchase Payment exceeds the <br>Contract Value, the refund will be your <br>Purchase Payment less withdrawals.<br>You must return your Contract within 10 <br>days of receipt (20 days if it is a <br>replacement contract).<br>The life expectancy to utilize the Terminal <br>Illness waiver is 24 months.<br>|
| Wisconsin | See "<u>[Getting Started – The Accumulation](#i388c1875ee1f40f5908b92f7a61d79b1_43)</u><br><u>[Period - Owner](#i388c1875ee1f40f5908b92f7a61d79b1_43)</u>"<br>| The Owner has the right to assign the <br>Contract.<br>|

---

**Known Financial Intermediary Variations:**

---

| | | |
|:---|:---|:---|
| Intermediary | Feature or Benefit | Variation |
| Truist Investment Services | Allocation Options | The Dimensional US Small Cap Value Systematic <br>Index is not available on the Contract Issue Date.<br>|

---

**APPENDIX C: PREVIOUS VERSIONS OF GLWB RIDER BASE WITHDRAWAL PERCENTAGES AND** 

**ANNUAL INCREASE PERCENTAGES**

**The following Base Withdrawal Percentages and Annual Increase Percentages are in effect for** 

**Contracts issued from May 26, 2022 to December 9, 2022.**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Base Withdrawal Percentage** | **Base Withdrawal Percentage** | **Annual Increase Percentage** | **Annual Increase Percentage** |
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Single Life** | **Joint Life** | **Single Life** | **Joint Life** |
| **21 - 44** | 2.25% | 1.75% | 0.30% | 0.30% |
| **45** | 2.75% | 2.25% | 0.30% | 0.30% |
| **46** | 2.95% | 2.45% | 0.30% | 0.30% |
| **47** | 3.15% | 2.65% | 0.30% | 0.30% |
| **48** | 3.35% | 2.85% | 0.30% | 0.30% |
| **49** | 3.55% | 3.05% | 0.30% | 0.30% |
| **50** | 3.75% | 3.25% | 0.30% | 0.30% |
| **51** | 3.85% | 3.35% | 0.30% | 0.30% |
| **52** | 3.95% | 3.45% | 0.30% | 0.30% |
| **53** | 4.05% | 3.55% | 0.30% | 0.30% |
| **54** | 4.15% | 3.65% | 0.30% | 0.30% |
| **55** | 4.25% | 3.75% | 0.30% | 0.30% |
| **56** | 4.45% | 3.95% | 0.30% | 0.30% |
| **57** | 4.65% | 4.15% | 0.30% | 0.30% |
| **58** | 4.85% | 4.35% | 0.30% | 0.30% |
| **59** | 5.05% | 4.55% | 0.30% | 0.30% |
| **60** | 5.25% | 4.75% | 0.30% | 0.30% |
| **61** | 5.40% | 4.90% | 0.30% | 0.30% |
| **62** | 5.55% | 5.05% | 0.30% | 0.30% |
| **63** | 5.70% | 5.20% | 0.30% | 0.30% |
| **64** | 5.85% | 5.35% | 0.30% | 0.30% |
| **65** | 6.00% | 5.50% | 0.30% | 0.30% |
| **66** | 6.05% | 5.55% | 0.30% | 0.30% |
| **67** | 6.10% | 5.60% | 0.30% | 0.30% |
| **68** | 6.15% | 5.65% | 0.30% | 0.30% |
| **69** | 6.20% | 5.70% | 0.30% | 0.30% |
| **70** | 6.25% | 5.75% | 0.30% | 0.30% |
| **71** | 6.30% | 5.80% | 0.30% | 0.30% |
| **72** | 6.35% | 5.85% | 0.30% | 0.30% |
| **73** | 6.40% | 5.90% | 0.30% | 0.30% |
| **74** | 6.45% | 5.95% | 0.30% | 0.30% |
| **75** | 6.50% | 6.00% | 0.30% | 0.30% |
| **76** | 6.60% | 6.10% | 0.30% | 0.30% |
| **77** | 6.70% | 6.20% | 0.30% | 0.30% |
| **78** | 6.80% | 6.30% | 0.30% | 0.30% |
| **79** | 6.90% | 6.40% | 0.30% | 0.30% |
| **80+** | 7.00% | 6.50% | 0.30% | 0.30% |

---

**The following Base Withdrawal Percentages and Annual Increase Percentages are in effect for** 

**Contracts issued from February 11, 2021 to May 25, 2022.**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Base Withdrawal Percentage** | **Base Withdrawal Percentage** | **Annual Increase Percentage** | **Annual Increase Percentage** |
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Single Life** | **Joint Life** | **Single Life** | **Joint Life** |
| **21 - 44** | 2.00% | 1.50% | 0.30% | 0.30% |
| **45** | 2.50% | 2.00% | 0.30% | 0.30% |
| **46** | 2.70% | 2.20% | 0.30% | 0.30% |
| **47** | 2.90% | 2.40% | 0.30% | 0.30% |
| **48** | 3.10% | 2.60% | 0.30% | 0.30% |
| **49** | 3.30% | 2.80% | 0.30% | 0.30% |
| **50** | 3.50% | 3.00% | 0.30% | 0.30% |
| **51** | 3.60% | 3.10% | 0.30% | 0.30% |
| **52** | 3.70% | 3.20% | 0.30% | 0.30% |
| **53** | 3.80% | 3.30% | 0.30% | 0.30% |
| **54** | 3.90% | 3.40% | 0.30% | 0.30% |
| **55** | 4.00% | 3.50% | 0.30% | 0.30% |
| **56** | 4.20% | 3.70% | 0.30% | 0.30% |
| **57** | 4.40% | 3.90% | 0.30% | 0.30% |
| **58** | 4.60% | 4.10% | 0.30% | 0.30% |
| **59** | 4.80% | 4.30% | 0.30% | 0.30% |
| **60** | 5.00% | 4.50% | 0.30% | 0.30% |
| **61** | 5.10% | 4.60% | 0.30% | 0.30% |
| **62** | 5.20% | 4.70% | 0.30% | 0.30% |
| **63** | 5.30% | 4.80% | 0.30% | 0.30% |
| **64** | 5.40% | 4.90% | 0.30% | 0.30% |
| **65** | 5.50% | 5.00% | 0.30% | 0.30% |
| **66** | 5.50% | 5.00% | 0.30% | 0.30% |
| **67** | 5.50% | 5.00% | 0.30% | 0.30% |
| **68** | 5.50% | 5.00% | 0.30% | 0.30% |
| **69** | 5.50% | 5.00% | 0.30% | 0.30% |
| **70** | 5.50% | 5.00% | 0.30% | 0.30% |
| **71** | 5.60% | 5.10% | 0.30% | 0.30% |
| **72** | 5.70% | 5.20% | 0.30% | 0.30% |
| **73** | 5.80% | 5.30% | 0.30% | 0.30% |
| **74** | 5.90% | 5.40% | 0.30% | 0.30% |
| **75** | 6.00% | 5.50% | 0.30% | 0.30% |
| **76** | 6.10% | 5.60% | 0.30% | 0.30% |
| **77** | 6.20% | 5.70% | 0.30% | 0.30% |
| **78** | 6.30% | 5.80% | 0.30% | 0.30% |
| **79** | 6.40% | 5.90% | 0.30% | 0.30% |
| **80+** | 6.50% | 6.00% | 0.30% | 0.30% |

---

**The following Base Withdrawal Percentages and Annual Increase Percentages are in effect for** 

**Contracts issued from April 26, 2020 to February 10, 2021.**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Base Withdrawal Percentage** | **Base Withdrawal Percentage** | **Annual Increase Percentage** | **Annual Increase Percentage** |
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Single Life** | **Joint Life** | **Single Life** | **Joint Life** |
| **21 - 44** | 2.00% | 1.50% | 0.30% | 0.30% |
| **45** | 2.50% | 2.00% | 0.30% | 0.30% |
| **46** | 2.70% | 2.20% | 0.30% | 0.30% |
| **47** | 2.90% | 2.40% | 0.30% | 0.30% |
| **48** | 3.10% | 2.60% | 0.30% | 0.30% |
| **49** | 3.30% | 2.80% | 0.30% | 0.30% |
| **50** | 3.50% | 3.00% | 0.30% | 0.30% |
| **51** | 3.60% | 3.10% | 0.30% | 0.30% |
| **52** | 3.70% | 3.20% | 0.30% | 0.30% |
| **53** | 3.80% | 3.30% | 0.30% | 0.30% |
| **54** | 3.90% | 3.40% | 0.30% | 0.30% |
| **55** | 4.00% | 3.50% | 0.30% | 0.30% |
| **56** | 4.10% | 3.60% | 0.30% | 0.30% |
| **57** | 4.20% | 3.70% | 0.30% | 0.30% |
| **58** | 4.30% | 3.80% | 0.30% | 0.30% |
| **59** | 4.40% | 3.90% | 0.30% | 0.30% |
| **60** | 4.50% | 4.00% | 0.30% | 0.30% |
| **61** | 4.70% | 4.20% | 0.30% | 0.30% |
| **62** | 4.90% | 4.40% | 0.30% | 0.30% |
| **63** | 5.10% | 4.60% | 0.30% | 0.30% |
| **64** | 5.30% | 4.80% | 0.30% | 0.30% |
| **65** | 5.50% | 5.00% | 0.30% | 0.30% |
| **66** | 5.60% | 5.10% | 0.30% | 0.30% |
| **67** | 5.70% | 5.20% | 0.30% | 0.30% |
| **68** | 5.80% | 5.30% | 0.30% | 0.30% |
| **69** | 5.90% | 5.40% | 0.30% | 0.30% |
| **70** | 6.00% | 5.50% | 0.30% | 0.30% |
| **71** | 6.10% | 5.60% | 0.30% | 0.30% |
| **72** | 6.20% | 5.70% | 0.30% | 0.30% |
| **73** | 6.30% | 5.80% | 0.30% | 0.30% |
| **74** | 6.40% | 5.90% | 0.30% | 0.30% |
| **75** | 6.50% | 6.00% | 0.30% | 0.30% |
| **76** | 6.60% | 6.10% | 0.30% | 0.30% |
| **77** | 6.70% | 6.20% | 0.30% | 0.30% |
| **78** | 6.80% | 6.30% | 0.30% | 0.30% |
| **79** | 6.90% | 6.40% | 0.30% | 0.30% |
| **80+** | 7.00% | 6.50% | 0.30% | 0.30% |

---

**The following Base Withdrawal Percentages and Annual Increase Percentages are in effect for** 

**Contracts issued from August 19, 2019 to April 25, 2020.**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Base Withdrawal Percentage** | **Base Withdrawal Percentage** | **Annual Increase Percentage** | **Annual Increase Percentage** |
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Single Life** | **Joint Life** | **Single Life** | **Joint Life** |
| **21 - 54** | 2.50% | 2.00% | 0.30% | 0.30% |
| **55 - 59** | 3.50% | 3.00% | 0.30% | 0.30% |
| **60 - 64** | 4.50% | 4.00% | 0.30% | 0.30% |
| **65 - 69** | 5.50% | 5.00% | 0.30% | 0.30% |
| **70 - 74** | 6.00% | 5.50% | 0.30% | 0.30% |
| **75 - 79** | 6.50% | 6.00% | 0.30% | 0.30% |
| **80+** | 7.50% | 7.00% | 0.30% | 0.30% |

---

Registration statements relating to this offering have been filed with the Securities and Exchange

Commission ("SEC"). The Statement of Additional Information ("SAI") dated May 1, 2026 is part of a

registration statement filed on Form N-4. The SAI contains additional information about MEMBERS Life

Insurance Company and the Contracts. The SAI is available free of charge. You may request a copy of

the SAI or make inquiries regarding your Contract by writing to our Administrative Office at 2000 Heritage

Way, Waverly, Iowa 50677, or by calling 1-800-798-5500. This Prospectus and the SAI can also be

obtained from the SEC's website at www.sec.gov. The SAI is incorporated by reference into this

Prospectus.

Reports and other information about MEMBERS Life Insurance Company, including the SAI, may be

obtained from the Commission's Internet site at http://www.sec.gov and copies of this information may also

be obtained, after paying a duplicating fee, by emailing the Commission at publicinfo@sec.gov.

**Dealer Prospectus Delivery Obligations**

All dealers that effect transactions in these securities are required to deliver a Prospectus.

EDGAR Contract Identifier: C000256712

------

**STATEMENT OF ADDITIONAL INFORMATION**

**May 1, 2026**

**For**

**TRUSTAGE**<sup>®</sup> **ZONE INCOME ANNUITY**

**Offered by**

**MEMBERS LIFE INSURANCE COMPANY**

2000 Heritage Way

Waverly, Iowa 50677-9202

(800) 798-5500

This Statement of Additional Information ("SAI") is not a Prospectus. It should be read in conjunction with

the Prospectus for the TruStage<sup>®</sup> Zone Income Annuity, Single Premium Deferred Modified Guaranteed

Index Annuity Contract (the "Contract"), dated May 1, 2026 (as amended from time to time). The

Prospectus provides detailed information concerning the Contract, which is offered by MEMBERS Life

Insurance Company (the "Company," "we," "us," or "our"), and the Investment Options available

thereunder.

Capitalized terms used in this SAI that are not otherwise defined have the meanings set forth in the

Prospectus.

A copy of the Prospectus is available free of charge by writing to the Company's Administrative Office

(2000 Heritage Way, Waverly, Iowa 50677-9202), by calling 1-800-798-5500 toll free, or by contacting

your financial professional.

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| MEMBERS LIFE INSURANCE COMPANY | S-[1](#i140ff99a90b24d8491b9e3f4ac283a32_7) |
| ADDITIONAL CONTRACT PROVISIONS | S-[1](#i140ff99a90b24d8491b9e3f4ac283a32_71) |
| PRINCIPAL UNDERWRITER | S-[3](#i140ff99a90b24d8491b9e3f4ac283a32_88) |
| INCOME PAYMENTS | S-[4](#i140ff99a90b24d8491b9e3f4ac283a32_105) |
| OTHER INFORMATION | S-[4](#i140ff99a90b24d8491b9e3f4ac283a32_139) |
| CUSTODIAN | S-[4](#i140ff99a90b24d8491b9e3f4ac283a32_156) |
| EXPERTS | S-[5](#i140ff99a90b24d8491b9e3f4ac283a32_173) |
| MEMBERS LIFE INSURANCE COMPANY FINANCIAL STATEMENTS | S-[5](#i140ff99a90b24d8491b9e3f4ac283a32_190) |
| CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS | S-[5](#i140ff99a90b24d8491b9e3f4ac283a32_190) |

---

**MEMBERS LIFE INSURANCE COMPANY**

The depositor for the TruStage<sup>®</sup> Zone Income Annuity, MEMBERS Life Insurance Company (the

"Company"), is a wholly-owned direct subsidiary of CMFG Life Insurance Company ("CMFG Life"). The

Company was formed by CMFG Life on February 27, 1976, as a stock life insurance company under the

laws of the State of Wisconsin for the purpose of writing credit disability insurance. The original name of

the Company was CUDIS Insurance Society, Inc. On August 3, 1989, the Company's name changed to

CUMIS Life Insurance, Inc., and was subsequently changed to its current name on January 1, 1993.

League Life Insurance Company (Michigan) merged into the Company on January 1, 1992, and

MEMBERS Life Insurance Company (Texas) merged into the Company on January 1, 1993. The

Company re-domiciled from Wisconsin to Iowa on May 3, 2007. The Company is 100% owned by CMFG

Life. On February 17, 2012, the Company's Articles of Incorporation were amended and restated to

change the Company's purpose to be the writing of any and all of the lines of insurance and annuity

business authorized by Iowa Code Chapter 508 and any other line of insurance or annuity business

authorized by the laws of the State of Iowa. Currently, the Company has no employees.

CMFG Life is a stock insurance company organized on May 20, 1935, and domiciled in Iowa. CMFG Life

is one of the world's largest direct underwriters of credit life and disability insurance, and is a major

provider of qualified pension products to credit unions. CMFG Life and its affiliated companies currently

offer deferred and immediate annuities, individual term and permanent life insurance, and accident and

health insurance. In 2012, CMFG Life was reorganized as a wholly-owned subsidiary of CUNA Mutual

Financial Group, Inc. which is a wholly-owned subsidiary of CUNA Mutual Holding Company, a mutual

insurance holding company organized under the laws of the State of Iowa.

The Company is authorized to sell life, health, and annuity policies in all states in the U.S. and the District

of Columbia, except New York. As of December 31, 2025 and 2024, the Company had more than $373

million and $374 million in admitted assets and more than $3,627 million and $1,714 million of life

insurance in force, respectively. Currently, the Company services existing blocks of individual and group

life policies. In addition, in August 2013, the Company began issuing a single premium deferred index

annuity under the name MEMBERS<sup>®</sup> Zone Annuity. In July 2016, the Company began issuing a flexible

premium deferred variable and index-linked annuity contract under the name MEMBERS<sup>®</sup> Horizon

Flexible Premium Deferred Variable and Index Linked Annuity. In December 2018, the Company began

issuing a flexible premium variable and index-linked annuity contract under the name TruStage<sup>®</sup> Horizon

II Annuity contract. In August 2019, the Company began issuing a single premium deferred index annuity

under the name TruStage<sup>®</sup> Zone Income Annuity. In July 2021, the Company began issuing a single

premium deferred index annuity under the name TruStage<sup>®</sup> ZoneChoice Annuity. In May 2025, the

Company began issuing a single purchase payment deferred index-linked annuity under the name

TruStage<sup>®</sup> ZoneChoice Advantage Annuity. In September 2025, the Company began issuing a single

purchase payment deferred index-linked annuity contract under the name TruStage<sup>®</sup> ZoneChoice Income

Annuity.

**ADDITIONAL CONTRACT PROVISIONS**

**The Contract**

The application, endorsements and all other attached papers are part of the Contract. The statements

made in the application are representations and not warranties. We will not use any statement in defense

of a claim or to void the Contract unless it is contained in the application.

**Surrender Charge and Market Value Adjustment Examples**

The following are examples of partial withdrawals and full surrender with the application of the Surrender

Charge and Market Value Adjustment. These charges and adjustments are described in more detail in the

Prospectus.

The Surrender Charge is calculated as a percentage of the Contract Value withdrawn or surrendered that

exceeds the Annual Free Withdrawal Amount during the first six Contract Years.

The Market Value Adjustment reflects, in part, the difference in yield of the Constant Maturity Treasury

rate for a period consistent with the six-year term beginning on the first day of the six-year term and the

yield of the Constant Maturity Treasury rate for a period starting on the date of surrender or partial

withdrawal and ending on the last day of the six-year term. The Constant Maturity Treasury rate is a rate

representing the average yield of various Treasury securities. The calculation also reflects in part the

difference between the effective yield of the ICE BofAML Index 1-10 Year U.S. Corporate Constrained

Index, Asset Swap Spread (the "ICE BofAML Index"), a rate representative of investment grade corporate

debt credit spreads in the U.S., on the first day of the six-year term and the effective yield of the ICE

BofAML Index at the time of surrender or partial withdrawal. The greater the difference in those yields,

respectively, the greater the effect the Market Value Adjustment will have.

On any given Business Day, it is calculated using the following formula:

MVA = W x (MVAF – 1)

Where W = amount of withdrawal that is in excess of the Annual Free Withdrawal Amount for

that Contract Year.

MVAF = ((1 + I + K)/(1 + J + L))^N

I = The Constant Maturity Treasury rate as of the first day of the six-year term for a maturity

consistent with the six-year term.

J = The Constant Maturity Treasury rate as of the date of withdrawal for a maturity consistent

with the remaining number of years (whole and partial) in the six-year term.

K = The ICE BofAML Index as of the first day of the six-year term.

L = The ICE BofAML Index as of the date of withdrawal.

N = The number of years (whole and partial) from the date of withdrawal until the last day of

the six-year term.

We determine I based on the relevant six-year term. For example, for a six-year term, I corresponds to

the 6-year Constant Maturity Treasury rate on the first day of the six-year term. We determine J when you

take a partial withdrawal or surrender. For example, if you surrender the Contract two years into the term,

J would correspond to the Constant Maturity Treasury rate consistent with the time remaining in the term

of four years (4 = 6 - 2). For I and J where there is no Constant Maturity Treasury rate declared, we will

use linear interpolation of the Constant Maturity Rates Index with maturities closest to I and J to

determine I and J.

The value of K and L on any Business Day will be equal to the closing value of the ICE BofAML Index on

the previous Business Day.

The Company uses both the Constant Maturity Treasury rate and ICE BofAML Index in determining any

Market Value Adjustment since together both indices represent a broad mix of investments whose values

may be affected by changes in market interest rates. If the publication of any component of the Market

Value Adjustment indices is discontinued or if the calculation of the Market Value Adjustment indices is

changed substantially, we may substitute a new index for the discontinued or substantially changed index,

subject to approval by the insurance department in your state. Before we substitute a Market Value

Adjustment index, we will notify you in writing of the substitution.

***Examples***

The examples below show how the Market Value Adjustment is calculated and how it may vary based on

how the Constant Maturity Treasury (CMT) Rate and the ICE BofA Index have changed since the start of

the six-year period. The examples also show how the surrender charge is calculated. The examples

assume the withdrawals are not GLWB Payments and are therefore Excess Withdrawals.

---

| | |
|:---|:---|
| **Assumptions** |  |
| Withdrawal on 2<sup>nd</sup> Contract Anniversary | $20000 |
| Contract Value on 2<sup>nd</sup> Contract Anniversary | $110000 |
| Contract Value after Withdrawal | $110,000 - $20,000 = $90,000 |
| Annual Free Withdrawal Amount | $110,000 x 10% = $11,000 |
| Surrender Charge Percentage | 8% |
| Surrender Charge | 8% x ($20,000 - $11,000) = $720 |
| 6-year CMT Rate (I) at Start of 6-year Period | 2.50% |
| ICE BofA Index (K) at Start of 6-year Period | 1.00% |
| Years Remaining in 6-Year Period (N) | 6 - 2 = 4 |
| **Example A: Withdrawal with a Negative Market Value Adjustment** | **Example A: Withdrawal with a Negative Market Value Adjustment** |
| CMT Rate for the remaining Index period (J) | 2.90% |
| ICE BofA Index at time of Withdrawal (L) | 1.10% |
| MVAF = ((1 + I + K)/(1 + J + L))^N | ((1 + 2.50% + 1.00%) / (1 + 2.90% + 1.10%))^4 = <br>0.9809075<br>|
| Market Value Adjustment | ($20,000 - $11,000) x (0.9809075 – 1) = -$171.83 |
| Net Withdrawal | $20,000 - $720 +(-$171.83) = $19,108.17 |
| **Example B: Withdrawal with a Positive Market Value Adjustment** | **Example B: Withdrawal with a Positive Market Value Adjustment** |
| CMT for the remaining Index period (J) | 2.10% |
| ICE BofA Index at time of Withdrawal (L) | 0.90% |
| MVAF = ((1 + I + K)/(1 + J + L))^N | ((1 + 2.50% + 1.00%) / (1 + 2.10% + 0.90%))^4 = <br>1.0195593<br>|
| Market Value Adjustment | ($20,000 - $11,000) x (1.0195593 - 1) = $176.03 |
| Net Withdrawal | $20,000 - $720 + $176.03 = $19,456.03 |

---

**PRINCIPAL UNDERWRITER**

CUNA Brokerage Services, Inc. ("CBSI") serves as principal underwriter (or distributor) for the Contract.

CBSI is a Wisconsin corporation and its home office is located at 2000 Heritage Way, Waverly, Iowa

50677. CBSI is our indirect, wholly-owned subsidiary, and is registered as a broker-dealer with the

Securities and Exchange Commission ("SEC") under the Securities Exchange Act of 1934, as amended,

as well as with the securities commissions in the states in which it operates, and is a member of the

Financial Industry Regulatory Authority, Inc.

CBSI enters into selling agreements with other broker-dealers ("selling firms") and compensates them for

their services. Registered representatives of other selling firms are appointed as our insurance agents.

Until May 2022, CBSI offered securities directly to customers through its registered representatives, many

of whom are also employed by CBSI's affiliates or various credit unions. Pursuant to agreements between

CBSI and LPL Financial ("LPL"), most of them registered as LPL's Selling Agents, and CBSI receives

compensation from LPL for certain sales.

Selling firms pay their registered representatives a portion of the commissions received for their sales of

the Contract. Registered representatives may also be eligible for various cash benefits and non-cash

compensation programs, such as conferences, seminars and trips (including travel, lodging and meals in

connection therewith), entertainment, merchandise and other similar items, where sales of the Contract

help such registered representatives qualify. We may pay certain selling firms additional amounts for

promoting the Contract and/or educating their registered representatives about the Contract. These

additional payments are not offered to all selling firms, and the terms of any particular agreement

governing the payments may vary among selling firms.

CBSI received sales compensation with respect to the Contracts in the following amounts during the

periods indicated:

---

| | | |
|:---|:---|:---|
| Fiscal <br>Year<br>| Aggregate Amount of Commissions<br>Paid to CBSI<br>| Aggregate Amount of Commissions <br>Retained by CBSI After Payments to its <br>Registered Persons and Selling Firms<br>|
| 2025 | $15582988 | $3363453 |
| 2024 | $15873656 | $3830411 |
| 2023 | $14774590 | $3606990 |

---

In addition to the compensation paid for sales of the Contracts, we pay compensation when an Owner

annuitizes all or a portion of his or her Contract and elects a life contingent annuity payout after the first

Contract Year.

**INCOME PAYMENTS** 

We use fixed rates of interest to determine the amount of income payments payable under the Income

Payout Options. Income Payout Options offered under your Contract are described under "Income Payout

Options" in the Prospectus. Income Payout Options on a variable basis are not offered under your

Contract.

**OTHER INFORMATION**

A registration statement on Form N-4 (the "Registration Statement") has been filed with the SEC under

the Securities Act of 1933, as amended, with respect to the Contract discussed in this SAI. Not all the

information set forth in the Registration Statement, amendments and exhibits thereto has been included in

this SAI. Statements contained in this SAI concerning the content of the Contract and other legal

instruments are intended to be summaries. For a complete statement of the terms of these documents,

reference should be made to the Prospectus filed with the SEC.

**CUSTODIAN**

Not applicable.

**EXPERTS**

The statutory basis financial statements of MEMBERS Life Insurance Company, incorporated by

reference in the Registration Statement, have been audited by Deloitte & Touche LLP, an independent

auditor, as stated in their report. Such report expresses an unmodified opinion on such financial

statements prepared in accordance with the accounting practices prescribed or permitted by the Iowa

Department of Commerce, Insurance Division; and which expresses an adverse opinion that the statutory

basis financial statements are not fairly presented in accordance with accounting principles generally

accepted in the United States of America as the variances between the statutory basis of accounting and

accounting principles generally accepted in the United States of America, although not reasonably

determinable, are presumed to be material and pervasive. Such financial statements are incorporated by

reference in reliance upon the report of such firm given their authority as experts in accounting and

auditing.

The principal business address of Deloitte & Touche LLP is 111 S. Wacker Dr., Chicago, Illinois 60606.

**MEMBERS LIFE INSURANCE COMPANY FINANCIAL STATEMENTS**

The Company's statutory basis financial statements are hereby incorporated by reference to the <u>[Form N-](https://www.sec.gov/Archives/edgar/data/1562577/000156257726000062/mlicstat2025-forworkiva.htm)</u>

<u>[VPFS](https://www.sec.gov/Archives/edgar/data/1562577/000156257726000062/mlicstat2025-forworkiva.htm)</u> filed with the SEC by the Company on April 1, 2026. You should consider the Company's financial

statements only as bearing on the Company's ability to meet its obligations under your Contract.

**CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS**

None

------

**PART C**

**OTHER INFORMATION**

**Item 27. Exhibits.**

---

| | | | |
|:---|:---|:---|:---|
| **Exhibit Item** <br>**Number**<br>| **Description** | **Incorporated by Reference to** | **Filed** <br>**Herewith**<br>|
| (a) | Board of Directors Resolution. | Board of Directors Resolution. | Board of Directors Resolution. |
| (a)(1) | <u>[Resolutions of the Board of Directors](https://www.sec.gov/Archives/edgar/data/1562577/000156257724000025/a20240828mliccertproductre.htm)</u><br><u>[of MEMBERS Life Insurance Company](https://www.sec.gov/Archives/edgar/data/1562577/000156257724000025/a20240828mliccertproductre.htm)</u><br><u>[("MLIC") authorizing the establishment](https://www.sec.gov/Archives/edgar/data/1562577/000156257724000025/a20240828mliccertproductre.htm)</u><br><u>[of the TruStage Zone Income Annuity](https://www.sec.gov/Archives/edgar/data/1562577/000156257724000025/a20240828mliccertproductre.htm)</u><br><u>[(the "Registrant")](https://www.sec.gov/Archives/edgar/data/1562577/000156257724000025/a20240828mliccertproductre.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000156257724000025/a20240828mliccertproductre.htm)</u> <br><u>[the Post-Effective Amendment No. 1](https://www.sec.gov/Archives/edgar/data/1562577/000156257724000025/a20240828mliccertproductre.htm)</u> <br><u>[of the Registration Statement on](https://www.sec.gov/Archives/edgar/data/1562577/000156257724000025/a20240828mliccertproductre.htm)</u> <br><u>[Form N-4, filed November 12, 2024](https://www.sec.gov/Archives/edgar/data/1562577/000156257724000025/a20240828mliccertproductre.htm)</u> <br><u>[(File No. 333-276157).](https://www.sec.gov/Archives/edgar/data/1562577/000156257724000025/a20240828mliccertproductre.htm)</u><br>|  |
| (b) | Custodian Agreements – Not Applicable | Custodian Agreements – Not Applicable | Custodian Agreements – Not Applicable |
| (c) | Underwriting Contracts. | Underwriting Contracts. | Underwriting Contracts. |
| (c)(1) | <u>[Amended and Restated Distribution](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-3.htm)</u><br><u>[Agreement dated as of January 7,](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-3.htm)</u><br><u>[2016 between MLIC and CUNA](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-3.htm)</u><br><u>[Brokerage Services, Inc. ("CBSI")](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-3.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-3.htm)</u> <br><u>[the initial filing of the MEMBERS](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-3.htm)</u> <br><u>[Horizon Variable Separate Account](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-3.htm)</u> <br><u>[on Form N-4, filed January 29, 2016](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-3.htm)</u> <br><u>[(File No. 333-207276)](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-3.htm)</u><br>|  |
| (c)(2) | <u>[Form of Selling and Services](https://www.sec.gov/Archives/edgar/data/1562577/000120928616000977/e116288_ex1ii.htm)</u><br><u>[Agreement](https://www.sec.gov/Archives/edgar/data/1562577/000120928616000977/e116288_ex1ii.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928616000977/e116288_ex1ii.htm)</u> <br><u>[the initial filing of the Registration](https://www.sec.gov/Archives/edgar/data/1562577/000120928616000977/e116288_ex1ii.htm)</u> <br><u>[Statement on Form S-1, filed April 6,](https://www.sec.gov/Archives/edgar/data/1562577/000120928616000977/e116288_ex1ii.htm)</u> <br><u>[2016 (File No. 333-207222)](https://www.sec.gov/Archives/edgar/data/1562577/000120928616000977/e116288_ex1ii.htm)</u><br>|  |
| (c)(3) | <u>[Addendum to Selling and Service](https://www.sec.gov/Archives/edgar/data/1562577/000120928621000005/g170483_ex1iib.htm)</u><br><u>[Agreement for Electronic Signature](https://www.sec.gov/Archives/edgar/data/1562577/000120928621000005/g170483_ex1iib.htm)</u><br><u>[Agreement dated August 27, 2020](https://www.sec.gov/Archives/edgar/data/1562577/000120928621000005/g170483_ex1iib.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928621000005/g170483_ex1iib.htm)</u> <br><u>[the initial filing of the Registration](https://www.sec.gov/Archives/edgar/data/1562577/000120928621000005/g170483_ex1iib.htm)</u> <br><u>[Statement on Form S-1, filed](https://www.sec.gov/Archives/edgar/data/1562577/000120928621000005/g170483_ex1iib.htm)</u> <br><u>[January 21, 2021 (File No.](https://www.sec.gov/Archives/edgar/data/1562577/000120928621000005/g170483_ex1iib.htm)</u> <br><u>[333-252290)](https://www.sec.gov/Archives/edgar/data/1562577/000120928621000005/g170483_ex1iib.htm)</u><br>|  |
| (c)(4) | <u>[Amended and Restated Expense](https://www.sec.gov/Archives/edgar/data/1651981/000120928617000217/e126250_ex3a.htm)</u><br><u>[Sharing Agreement dated January 1,](https://www.sec.gov/Archives/edgar/data/1651981/000120928617000217/e126250_ex3a.htm)</u><br><u>[2015 between MLIC and CBSI](https://www.sec.gov/Archives/edgar/data/1651981/000120928617000217/e126250_ex3a.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1651981/000120928617000217/e126250_ex3a.htm)</u> <br><u>[Post-Effective Amendment No. 1 to](https://www.sec.gov/Archives/edgar/data/1651981/000120928617000217/e126250_ex3a.htm)</u> <br><u>[the Form N-4 Registration](https://www.sec.gov/Archives/edgar/data/1651981/000120928617000217/e126250_ex3a.htm)</u> <br><u>[Statement of the Registrant, filed](https://www.sec.gov/Archives/edgar/data/1651981/000120928617000217/e126250_ex3a.htm)</u> <br><u>[March 31, 2017 (File No.](https://www.sec.gov/Archives/edgar/data/1651981/000120928617000217/e126250_ex3a.htm)</u> <br><u>[333-207276)](https://www.sec.gov/Archives/edgar/data/1651981/000120928617000217/e126250_ex3a.htm)</u><br>|  |
| (c)(5) | <u>[Amended and Restated Distribution](https://www.sec.gov/Archives/edgar/data/1651981/000120928618000627/e149431_ex3b.htm)</u><br><u>[Agreement dated Exhibit A dated](https://www.sec.gov/Archives/edgar/data/1651981/000120928618000627/e149431_ex3b.htm)</u><br><u>[September 2018 between MLIC and](https://www.sec.gov/Archives/edgar/data/1651981/000120928618000627/e149431_ex3b.htm)</u><br><u>[CBSI](https://www.sec.gov/Archives/edgar/data/1651981/000120928618000627/e149431_ex3b.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1651981/000120928618000627/e149431_ex3b.htm)</u> <br><u>[the Pre-Effective Amendment No. 1](https://www.sec.gov/Archives/edgar/data/1651981/000120928618000627/e149431_ex3b.htm)</u> <br><u>[filing of the MEMBERS Horizon](https://www.sec.gov/Archives/edgar/data/1651981/000120928618000627/e149431_ex3b.htm)</u> <br><u>[Variable Separate Account on Form](https://www.sec.gov/Archives/edgar/data/1651981/000120928618000627/e149431_ex3b.htm)</u> <br><u>[N-4 filed November 20, 2018 (File](https://www.sec.gov/Archives/edgar/data/1651981/000120928618000627/e149431_ex3b.htm)</u> <br><u>[No. 333-226804)](https://www.sec.gov/Archives/edgar/data/1651981/000120928618000627/e149431_ex3b.htm)</u><br>|  |
| (d) | Contracts. | Contracts. | Contracts. |
| (d)(1) | <u>[Form of Contract. (Form No. 2018-](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4i.htm)</u><br><u>[RILA)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4i.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4i.htm)</u> <br><u>[the initial filing of the Registrant on](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4i.htm)</u> <br><u>[Form S-1, filed December 19, 2018](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4i.htm)</u> <br><u>[(File No. 333-228894)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4i.htm)</u><br>|  |

---

---

| | | |
|:---|:---|:---|
| (d)(2) | <u>[Form of Data Page. (Form No. 2018-](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iii.htm)</u><br><u>[RILADP)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iii.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iii.htm)</u> <br><u>[the initial filing of the Registrant on](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iii.htm)</u> <br><u>[Form S-1, filed December 19, 2018](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iii.htm)</u> <br><u>[(File No. 333-228894)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iii.htm)</u><br>|
| (d)(4) | <u>[Form of Declared Rate Account](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iv.htm)</u><br><u>[Allocation Option Endorsement (Form](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iv.htm)</u><br><u>[No. 2018-RILA-DRAEND)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iv.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iv.htm)</u> <br><u>[the initial filing of the Registrant on](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iv.htm)</u> <br><u>[Form S-1, filed December 19, 2018](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iv.htm)</u> <br><u>[(File No. 333-228894)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4iv.htm)</u><br>|
| (d)(5) | <u>[Form of Guaranteed Lifetime](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4v.htm)</u><br><u>[Withdrawal Benefit Rider (Form No.](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4v.htm)</u><br><u>[2018-RILA-GLWBRDR)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4v.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4v.htm)</u> <br><u>[the initial filing of the Registrant on](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4v.htm)</u> <br><u>[Form S-1, filed December 19, 2018](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4v.htm)</u> <br><u>[(File No. 333-228894)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4v.htm)</u><br>|
| (d)(3) | <u>[Form of Guaranteed Lifetime](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4vi.htm)</u><br><u>[Withdrawal Benefit (GLWB) Data Page](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4vi.htm)</u><br><u>[(Form No. 2018-RILA-GLWBDP)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4vi.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4vi.htm)</u> <br><u>[the initial filing of the Registrant on](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4vi.htm)</u> <br><u>[Form S-1, filed December 19, 2018](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4vi.htm)</u> <br><u>[(File No. 333-228894)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4vi.htm)</u><br>|
| (e) | Applications. | Applications. |
| (e)(1) | <u>[Form of Application. (Form No. 2018-](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4ii.htm)</u><br><u>[RILAAPP)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4ii.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4ii.htm)</u> <br><u>[the initial filing of the Registrant on](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4ii.htm)</u> <br><u>[Form S-1, filed December 19, 2018](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4ii.htm)</u> <br><u>[(File No. 333-228894)](https://www.sec.gov/Archives/edgar/data/1562577/000120928618000686/e150734_ex4ii.htm)</u><br>|
| (f) | Insurance Company's Certificate of Incorporation and By-Laws. | Insurance Company's Certificate of Incorporation and By-Laws. |
| (f)(1) | <u>[Articles of Incorporation of MLIC](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3i.htm)</u> | <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3i.htm)</u> <br><u>[the initial filing of the MLIC](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3i.htm)</u> <br><u>[Registration Statement on Form S-1,](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3i.htm)</u> <br><u>[filed February 6, 2013 (File No.](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3i.htm)</u> <br><u>[333-186477)](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3i.htm)</u><br>|
| (f)(2) | <u>[Bylaws of MLIC](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3ii.htm)</u> | <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3ii.htm)</u> <br><u>[the initial filing of the MLIC](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3ii.htm)</u> <br><u>[Registration Statement on Form S-1,](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3ii.htm)</u> <br><u>[filed February 6, 2013 (File No.](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3ii.htm)</u> <br><u>[333-186477)](https://www.sec.gov/Archives/edgar/data/1562577/000120928613000031/e91081_ex3ii.htm)</u> <br>|
| (f)(3) | <u>[Amended and Restated Bylaws of](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-6bi.htm)</u><br><u>[MLIC](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-6bi.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-6bi.htm)</u> <br><u>[the initial filing of the MEMBERS](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-6bi.htm)</u> <br><u>[Horizon Variable Separate Account](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-6bi.htm)</u> <br><u>[on Form N-4, filed January 29, 2016](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-6bi.htm)</u> <br><u>[(File No. 333-207276)](https://www.sec.gov/Archives/edgar/data/1651981/000120928616000841/e114663_ex99-6bi.htm)</u><br>|
| (g) | Reinsurance Contracts. | Reinsurance Contracts. |
| (g)(1) | <u>[Coinsurance Agreement](https://www.sec.gov/Archives/edgar/data/1562577/000120928619000403/e157065_ex10ia.htm)</u> | <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928619000403/e157065_ex10ia.htm)</u> <br><u>[the Pre-Effective Amendment No. 1](https://www.sec.gov/Archives/edgar/data/1562577/000120928619000403/e157065_ex10ia.htm)</u> <br><u>[filing of the Registrant on Form S-1,](https://www.sec.gov/Archives/edgar/data/1562577/000120928619000403/e157065_ex10ia.htm)</u> <br><u>[filed August 7, 2019 (File No.](https://www.sec.gov/Archives/edgar/data/1562577/000120928619000403/e157065_ex10ia.htm)</u> <br><u>[333-228894)](https://www.sec.gov/Archives/edgar/data/1562577/000120928619000403/e157065_ex10ia.htm)</u><br>|
| (g)(2) | <u>[Amended and Restated Coinsurance](https://www.sec.gov/Archives/edgar/data/1562577/000120928620000115/g163319_ex-10ia.htm)</u><br><u>[and Modified Coinsurance Agreement](https://www.sec.gov/Archives/edgar/data/1562577/000120928620000115/g163319_ex-10ia.htm)</u><br><u>[dated January 1, 2019 between MLIC](https://www.sec.gov/Archives/edgar/data/1562577/000120928620000115/g163319_ex-10ia.htm)</u><br><u>[and CMFG Life](https://www.sec.gov/Archives/edgar/data/1562577/000120928620000115/g163319_ex-10ia.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000120928620000115/g163319_ex-10ia.htm)</u> <br><u>[the Post-Effective Amendment No. 1](https://www.sec.gov/Archives/edgar/data/1562577/000120928620000115/g163319_ex-10ia.htm)</u> <br><u>[filing of the Registrant on Form S-1,](https://www.sec.gov/Archives/edgar/data/1562577/000120928620000115/g163319_ex-10ia.htm)</u> <br><u>[filed April 17, 2020 (File No.](https://www.sec.gov/Archives/edgar/data/1562577/000120928620000115/g163319_ex-10ia.htm)</u> <br><u>[333-228894)](https://www.sec.gov/Archives/edgar/data/1562577/000120928620000115/g163319_ex-10ia.htm)</u><br>|

---

---

| | | | |
|:---|:---|:---|:---|
| (g)(2)(a) | <u>[Amended and Restated Coinsurance](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_ex10ib.htm)</u><br><u>[and Modified Coinsurance Agreement](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_ex10ib.htm)</u><br><u>[dated February 4, 2021 between MLIC](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_ex10ib.htm)</u><br><u>[and CMFG Life](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_ex10ib.htm)</u><br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_ex10ib.htm)</u> <br><u>[the Post-Effective Amendment No. 1](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_ex10ib.htm)</u> <br><u>[filing of the Registrant on Form S-1,](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_ex10ib.htm)</u> <br><u>[filed April 6, 2022 (File No.](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_ex10ib.htm)</u> <br><u>[333-250061)](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_ex10ib.htm)</u><br>|  |
| (g)(2)(b) | <u>[Second Amendment to Amended and](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_10ib1.htm)</u><br><u>[Restated Coinsurance and Modified](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_10ib1.htm)</u><br><u>[Coinsurance Agreement dated](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_10ib1.htm)</u><br><u>[November 23, 2021](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_10ib1.htm)</u> <br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_10ib1.htm)</u> <br><u>[the Post-Effective Amendment No. 1](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_10ib1.htm)</u> <br><u>[filing of the Registrant on Form S-1,](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_10ib1.htm)</u> <br><u>[filed April 6, 2022 (File No.](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_10ib1.htm)</u> <br><u>[333-250061)](https://www.sec.gov/Archives/edgar/data/1562577/000175392622000459/g180886_10ib1.htm)</u><br>|  |
| (g)(2)(c) | <u>[Third Amendment to Amended and](https://www.sec.gov/Archives/edgar/data/1562577/000175392623000446/g188557_ex10ib2.htm)</u><br><u>[Restated Coinsurance and Modified](https://www.sec.gov/Archives/edgar/data/1562577/000175392623000446/g188557_ex10ib2.htm)</u><br><u>[Coinsurance Agreement dated October](https://www.sec.gov/Archives/edgar/data/1562577/000175392623000446/g188557_ex10ib2.htm)</u><br><u>[10, 2022](https://www.sec.gov/Archives/edgar/data/1562577/000175392623000446/g188557_ex10ib2.htm)</u> <br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000175392623000446/g188557_ex10ib2.htm)</u> <br><u>[the Post-Effective Amendment No. 6](https://www.sec.gov/Archives/edgar/data/1562577/000175392623000446/g188557_ex10ib2.htm)</u> <br><u>[filing of the Registrant on Form S-1,](https://www.sec.gov/Archives/edgar/data/1562577/000175392623000446/g188557_ex10ib2.htm)</u> <br><u>[filed April 14, 2023 (File No.](https://www.sec.gov/Archives/edgar/data/1562577/000175392623000446/g188557_ex10ib2.htm)</u> <br><u>[333-250061)](https://www.sec.gov/Archives/edgar/data/1562577/000175392623000446/g188557_ex10ib2.htm)</u><br>|  |
| (g)(2)(d) | <u>[Fourth Amendment to Amended and](https://www.sec.gov/Archives/edgar/data/1562577/000175392624000797/g196964_ex10ib3.htm)</u><br><u>[Restated Coinsurance and Modified](https://www.sec.gov/Archives/edgar/data/1562577/000175392624000797/g196964_ex10ib3.htm)</u><br><u>[Coinsurance Agreement dated April 17,](https://www.sec.gov/Archives/edgar/data/1562577/000175392624000797/g196964_ex10ib3.htm)</u><br><u>[2023](https://www.sec.gov/Archives/edgar/data/1562577/000175392624000797/g196964_ex10ib3.htm)</u> <br>| <u>[Incorporated herein by reference to](https://www.sec.gov/Archives/edgar/data/1562577/000175392624000797/g196964_ex10ib3.htm)</u> <br><u>[the Pre-Effective Amendment No.](https://www.sec.gov/Archives/edgar/data/1562577/000175392624000797/g196964_ex10ib3.htm)</u> <br><u>[1filing of the Registrant on Form](https://www.sec.gov/Archives/edgar/data/1562577/000175392624000797/g196964_ex10ib3.htm)</u> <br><u>[S-1, filed April 19, 2024 (File No.](https://www.sec.gov/Archives/edgar/data/1562577/000175392624000797/g196964_ex10ib3.htm)</u> <br><u>[333-276157)](https://www.sec.gov/Archives/edgar/data/1562577/000175392624000797/g196964_ex10ib3.htm)</u><br>|  |
| (g)(3) | <u>[Amended and Restated Coinsurance](amendedandrestatedcoinsura.htm)</u> <br><u>[and Modified Coinsurance Agreement](amendedandrestatedcoinsura.htm)</u> <br><u>[dated March 6, 2025](amendedandrestatedcoinsura.htm)</u><br>|  | X |
| (g)(3)(a) | <u>[First Amendment to Amended and](firstamendtoamendedrestate.htm)</u> <br><u>[Restated Coinsurance and Modified](firstamendtoamendedrestate.htm)</u> <br><u>[Coinsurance Agreement dated May 23,](firstamendtoamendedrestate.htm)</u> <br><u>[2025](firstamendtoamendedrestate.htm)</u><br>|  | X |
| (h) | Participation Agreements – Not Applicable | Participation Agreements – Not Applicable | Participation Agreements – Not Applicable |
| (i) | Administrative Contracts – Not Applicable | Administrative Contracts – Not Applicable | Administrative Contracts – Not Applicable |
| (j) | Other Material Contracts – Not Applicable | Other Material Contracts – Not Applicable | Other Material Contracts – Not Applicable |
| (k) | Legal Opinion | Legal Opinion | Legal Opinion |
| (k)(1) | <u>[Legal Opinion of Britney Schnathorst](trustagezoneincome_2026xle.htm)</u> |  | X |
| (l) | Other Opinions. | Other Opinions. | Other Opinions. |
| (l)(1) | <u>[Consent of Independent Auditor](trustagezoneincome-mliccon.htm)</u> |  | X |
| (m) | Omitted Financial Statements – Not Applicable | Omitted Financial Statements – Not Applicable | Omitted Financial Statements – Not Applicable |
| (n) | Initial Capital Agreements – Not Applicable | Initial Capital Agreements – Not Applicable | Initial Capital Agreements – Not Applicable |
| (o) | <u>[Form of Initial Summary Prospectus](trustagezoneincomeisp20260.htm)</u> |  | X |
| (p) | Power of Attorney | Power of Attorney | Power of Attorney |
| (p)(1) | <u>[Powers of Attorney](memberslifepowersofattorne.htm)</u> |  | X |
| (q) | Letter Regarding Change in Certifying Accountant – Not Applicable | Letter Regarding Change in Certifying Accountant – Not Applicable | Letter Regarding Change in Certifying Accountant – Not Applicable |
| (r) | <u>[Historical Current Limits on Index](ck0001562577ex994r-20260414.htm)</u><br><u>[Gains](ck0001562577ex994r-20260414.htm)</u><br>|  | X |

---

**Item 28. Directors and Officers of the Insurance Company.**

Set forth below is information regarding the directors and principal officers of MLIC. Unless otherwise

noted, the business address of each person below is: 5910 Mineral Point Road, Madison, Wisconsin

53705. ---

| | |
|:---|:---|
| **Name** | **Positions and Officers with Depositor** |
| Tammy L. Schultz<sup>(2)</sup> | President and Director |
| Brian J. Borakove<sup>(1)</sup> | Treasurer |
| Paul D. Barbato<sup>(1)</sup> | Secretary and Director |
| Jennifer M. Kraus-Florin<sup>(1)</sup> | Director |
| Abigail R. Rodriguez<sup>(1)</sup> | Director |
| William A. Karls<sup>(1)</sup> | Director |

---

<sup>(1)</sup> 5910 Mineral Point Road, Madison, Wisconsin 53705

<sup>(2)</sup> 440 Mt. Rushmore Road, Rapid City, South Dakota 57701

**Item 29. Persons Controlled by or Under Common Control with the Insurance Company or the** 

**Registered Separate Account.**

MLIC is a wholly-owned direct subsidiary of CMFG Life Insurance Company ("CMFG Life"). MLIC is a

stock life insurance company organized under the laws of the State of Iowa for the purpose of writing any

and all of the lines of insurance and annuity business authorized by Iowa Code Chapter 508 and any

other line of insurance or annuity business authorized by the laws of the State of Iowa.

Various companies and other entities are controlled by CMFG Life and may be considered to be under

common control with MLIC. Such other companies and entities, together with the identity of their

controlling persons (where applicable), are set forth on the following organization charts.

CUNA Mutual Holding Company Organizational Chart

As of February 28, 2026

CUNA Mutual Holding Company is a mutual insurance holding company, and as such is controlled by its

policy owners. CUNA Mutual Holding Company was formed under the Plan of Reorganization of CMFG

Life Insurance Company. CUNA Mutual Holding Company, either directly or indirectly, is the controlling

company of the following wholly-owned subsidiaries:

TruStage Financial Group, Inc.

State of domiciled: Iowa

---

| | | | | |
|:---|:---|:---|:---|:---|
| | Entity | Entity | Entity | Ownership |
| 1. | CUNA Mutual Global Holdings, Inc.<br>State of domicile: Iowa | CUNA Mutual Global Holdings, Inc.<br>State of domicile: Iowa | CUNA Mutual Global Holdings, Inc.<br>State of domicile: Iowa | 25.58% TruStage <br>Financial Group, Inc.<br>74.42% CMFG Life <br>Insurance Company<br>|
| 2. | TruStage Ventures, LLC<br>State of domicile: Iowa | TruStage Ventures, LLC<br>State of domicile: Iowa | TruStage Ventures, LLC<br>State of domicile: Iowa | 100% |
|  | a. | Happy Monday Holdings, Inc.<br>State of domicile: Delaware | Happy Monday Holdings, Inc.<br>State of domicile: Delaware | 46.6% |
|  |  | 1. | Happy Money, Inc.<br>State of domicile: Delaware<br>| 100% |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 3. | TruStage Ventures Discovery Fund, LLC<br>State of domicile: Iowa | TruStage Ventures Discovery Fund, LLC<br>State of domicile: Iowa | TruStage Ventures Discovery Fund, LLC<br>State of domicile: Iowa | TruStage Ventures Discovery Fund, LLC<br>State of domicile: Iowa | 100% |
| 4. | CMFG Life Insurance Company<br>State of domicile: Iowa | CMFG Life Insurance Company<br>State of domicile: Iowa | CMFG Life Insurance Company<br>State of domicile: Iowa | CMFG Life Insurance Company<br>State of domicile: Iowa | 100% |
|  | CMFG Life Insurance Company, either directly or indirectly, is the controlling company of the <br>following wholly-owned subsidiaries, all of which are included in the CMFG Life Insurance <br>Company's consolidated financial statements: | CMFG Life Insurance Company, either directly or indirectly, is the controlling company of the <br>following wholly-owned subsidiaries, all of which are included in the CMFG Life Insurance <br>Company's consolidated financial statements: | CMFG Life Insurance Company, either directly or indirectly, is the controlling company of the <br>following wholly-owned subsidiaries, all of which are included in the CMFG Life Insurance <br>Company's consolidated financial statements: | CMFG Life Insurance Company, either directly or indirectly, is the controlling company of the <br>following wholly-owned subsidiaries, all of which are included in the CMFG Life Insurance <br>Company's consolidated financial statements: | CMFG Life Insurance Company, either directly or indirectly, is the controlling company of the <br>following wholly-owned subsidiaries, all of which are included in the CMFG Life Insurance <br>Company's consolidated financial statements: |
|  | A. | CUNA Mutual Investment Corporation owns the following:<br>State of domicile: Wisconsin | CUNA Mutual Investment Corporation owns the following:<br>State of domicile: Wisconsin | CUNA Mutual Investment Corporation owns the following:<br>State of domicile: Wisconsin | 100% |
|  |  | 1. | CUMIS Insurance Society, Inc. owns the following:<br>State of domicile: Iowa | CUMIS Insurance Society, Inc. owns the following:<br>State of domicile: Iowa | 100% |
|  |  |  | a. | CUMIS Specialty Insurance Company, Inc.<br>State of domicile: Iowa | 100% |
|  |  |  | b. | CUMIS Mortgage Reinsurance Company<br>State of domicile: Wisconsin | 100% |
|  |  | 2. | CUNA Brokerage Services, Inc.<br>State of domicile: Wisconsin | CUNA Brokerage Services, Inc.<br>State of domicile: Wisconsin | 100% |
|  |  | 3. | CUNA Mutual Insurance Agency, Inc.<br>State of domicile: Wisconsin | CUNA Mutual Insurance Agency, Inc.<br>State of domicile: Wisconsin | 100% |
|  |  | 4. | CUMIS Vermont, Inc.<br>State of domicile: Vermont | CUMIS Vermont, Inc.<br>State of domicile: Vermont | 100% |
|  |  | 5. | International Commons, Inc.<br>State of domicile: Wisconsin | International Commons, Inc.<br>State of domicile: Wisconsin | 100% |
|  |  | 6. | MEMBERS Capital Advisors, Inc.<br>State of domicile: Iowa | MEMBERS Capital Advisors, Inc.<br>State of domicile: Iowa | 100% |
|  |  |  | a. | MCA Fund I GP LLC<br>State of domicile: Delaware | 100% |
|  |  |  | b. | MCA Fund II GP LLC<br>State of domicile: Delaware | 100% |
|  |  |  | c. | MCA Fund III GP LLC<br>State of domicile: Delaware | 100% |
|  |  |  | d. | MCA Fund IV GP LLC<br>State of domicile: Delaware | 100% |
|  |  |  | e. | MCA Fund V GP LLC<br>State of domicile: Delaware | 100% |
|  |  |  | f. | MCA Fund VI GP LLC<br>State of domicile: Delaware | 100% |
|  |  | 7. | CPI Qualified Plan Consultants, Inc.<br>State of domicile: Delaware | CPI Qualified Plan Consultants, Inc.<br>State of domicile: Delaware | 100% |
|  | B. | 5910 Investments, LLC<br>State of domicile: Delaware | 5910 Investments, LLC<br>State of domicile: Delaware | 5910 Investments, LLC<br>State of domicile: Delaware | 100% |
|  | C. | TruStage Insurance Agency, LLC<br>State of domicile: Iowa | TruStage Insurance Agency, LLC<br>State of domicile: Iowa | TruStage Insurance Agency, LLC<br>State of domicile: Iowa | 100% |
|  | D. | CUNA Mutual Management Services, LLC<br>State of domicile: Iowa | CUNA Mutual Management Services, LLC<br>State of domicile: Iowa | CUNA Mutual Management Services, LLC<br>State of domicile: Iowa | 100% |
|  |  | 1. | Compliance Systems, LLC<br>State of domicile: Michigan | Compliance Systems, LLC<br>State of domicile: Michigan | 100% |
|  |  | 2. | ForeverCar Holdings, LLC<br>State of domicile: Delaware | ForeverCar Holdings, LLC<br>State of domicile: Delaware | 100% |
|  |  |  | a. | ForeverCar LLC<br>State of domicile: Illinois | 100% |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | | b. | ForeverCar Consumer Credit LLC<br>State of domicile: Illinois | 100% |
| | E. | MCA Fund I Holding LLC<br>State of domicile: Delaware | MCA Fund I Holding LLC<br>State of domicile: Delaware | MCA Fund I Holding LLC<br>State of domicile: Delaware | 100% |
| | F. | AdvantEdge Digital, LLC<br>State of domicile: Iowa | AdvantEdge Digital, LLC<br>State of domicile: Iowa | AdvantEdge Digital, LLC<br>State of domicile: Iowa | 100% |
| | G. | MCA Fund II Holding LLC<br>State of domicile: Delaware | MCA Fund II Holding LLC<br>State of domicile: Delaware | MCA Fund II Holding LLC<br>State of domicile: Delaware | 100% |
| | H. | MCA Fund III Holding LLC<br>State of domicile: Delaware | MCA Fund III Holding LLC<br>State of domicile: Delaware | MCA Fund III Holding LLC<br>State of domicile: Delaware | 100% |
| | I. | American Memorial Life Insurance Company<br>State of domicile: Iowa | American Memorial Life Insurance Company<br>State of domicile: Iowa | American Memorial Life Insurance Company<br>State of domicile: Iowa | 100% |
| | J. | Union Security Insurance Company<br>State of domicile: Iowa | Union Security Insurance Company<br>State of domicile: Iowa | Union Security Insurance Company<br>State of domicile: Iowa | 100% |
| | K. | Family Considerations, Inc.<br>State of domicile: Georgia | Family Considerations, Inc.<br>State of domicile: Georgia | Family Considerations, Inc.<br>State of domicile: Georgia | 100% |
| | L. | Mt. Rushmore Road, LLC<br>State of domicile: Delaware | Mt. Rushmore Road, LLC<br>State of domicile: Delaware | Mt. Rushmore Road, LLC<br>State of domicile: Delaware | 100% |
| | M. | PPP Services, LLC<br>State of domicile: Delaware | PPP Services, LLC<br>State of domicile: Delaware | PPP Services, LLC<br>State of domicile: Delaware | 100% |
| | N. | MCA Fund IV Holding LLC<br>State of domicile: Delaware | MCA Fund IV Holding LLC<br>State of domicile: Delaware | MCA Fund IV Holding LLC<br>State of domicile: Delaware | 100% |
| | O. | MEMBERS Life Insurance Company<br>State of domicile: Iowa | MEMBERS Life Insurance Company<br>State of domicile: Iowa | MEMBERS Life Insurance Company<br>State of domicile: Iowa | 100% |
| 5. | CUNA Mutual Holding Company either directly or indirectly, is the controlling company of the <br>following: | CUNA Mutual Holding Company either directly or indirectly, is the controlling company of the <br>following: | CUNA Mutual Holding Company either directly or indirectly, is the controlling company of the <br>following: | CUNA Mutual Holding Company either directly or indirectly, is the controlling company of the <br>following: | CUNA Mutual Holding Company either directly or indirectly, is the controlling company of the <br>following: |
|  | A. | CUNA Mutual International Finance, Ltd.<br>Domicile: Cayman Islands | CUNA Mutual International Finance, Ltd.<br>Domicile: Cayman Islands | CUNA Mutual International Finance, Ltd.<br>Domicile: Cayman Islands | 100% CUNA Mutual <br>Global Holdings, Inc.<br>|
|  | B. | CUNA Mutual International Holdings, Ltd.<br>Domicile: Cayman Islands | CUNA Mutual International Holdings, Ltd.<br>Domicile: Cayman Islands | CUNA Mutual International Holdings, Ltd.<br>Domicile: Cayman Islands | 100% CUNA Mutual <br>International <br>Finance, Ltd.<br>|
|  | C. | TruStage Global Holdings, ULC<br>Domicile: Alberta, Canada | TruStage Global Holdings, ULC<br>Domicile: Alberta, Canada | TruStage Global Holdings, ULC<br>Domicile: Alberta, Canada | 100% TruStage <br>Financial Group, Inc.<br>|
|  |  | 1. | TruStage Life of Canada ("TLOC")<br>Domicile: Toronto, Canada | TruStage Life of Canada ("TLOC")<br>Domicile: Toronto, Canada | 100% TruStage <br>Global Holdings, <br>|
|  |  |  | a. | Association for Personal Resource Planning of <br>Canada<br>Domicile: Ontario, Canada | 100% TLOC |
|  |  | 2. | Family Side, Inc.<br>Domicile: Ontario, Canada | Family Side, Inc.<br>Domicile: Ontario, Canada | 100% TruStage <br>Global Holdings, <br>|
|  | D. | CUNA Caribbean Holdings St. Lucia, Ltd.<br>Domicile: St. Lucia | CUNA Caribbean Holdings St. Lucia, Ltd.<br>Domicile: St. Lucia | CUNA Caribbean Holdings St. Lucia, Ltd.<br>Domicile: St. Lucia | 100% CUNA Mutual <br>International <br>|
|  |  | 1. | CUNA Caribbean Insurance Jamaica Limited<br>Domicile: Jamaica | CUNA Caribbean Insurance Jamaica Limited<br>Domicile: Jamaica | 100% |
|  |  | 2. | CUNA Caribbean Insurance OECS Limited<br>Domicile: St. Lucia | CUNA Caribbean Insurance OECS Limited<br>Domicile: St. Lucia | 100% |
|  |  | 3. | CUNA Mutual Insurance Society Dominicana, S.A.<br>Domicile: Dominican Republic | CUNA Mutual Insurance Society Dominicana, S.A.<br>Domicile: Dominican Republic | 99.99% |
|  |  |  | a. | TruStage Costa Rica, S.A.<br>Domicile: Costa Rica | 100% |

---

---

| | | |
|:---|:---|:---|
| 4. | CUNA Caribbean Insurance Society Limited<br>Domicile: Trinidad and Tobago | 100% |
| 5. | TFG Bermuda Reinsurance Company, Ltd.<br>Domicile: Bermuda | 100% by CMFG Life <br>Insurance Company<br>|

---

**Item 30. Indemnification.**

(a)**Indemnification of Directors and Officers.** Section 490.202 of the Iowa Business Corporation Act

(the "IBCA"), provides that a corporation's articles of incorporation may contain a provision eliminating

or limiting the personal liability of a director to the corporation or its shareholders for monetary

damages for any action taken, or failure to take action, as a director, except liability for (1) the amount

of a financial benefit received by a director to which the director is not entitled, (2) an intentional

infliction of harm on MEMBERS Life Insurance Company (the "Registrant," "we," "our," or "us") or the

shareholders, (3) a violation of Section 490.833 of the IBCA or (4) an intentional violation of criminal

law.

Further, Section 490.851 of the IBCA provides that a corporation may indemnify its directors who may

be party to a proceeding against liability incurred in the proceeding by reason of such person serving

in the capacity of director, if such person has acted in good faith and in a manner reasonably believed

by the individual to be in the best interests of the corporation, if the director was acting in an official

capacity, and in all other cases that the individual's conduct was at least not opposed to the best

interests of the corporation, and in any criminal proceeding if such person had no reasonable cause to

believe the individual's conduct was unlawful or the director engaged in conduct for which broader

indemnification has been made permissible or obligatory under a provision of the articles of

incorporation. The indemnity provisions under Section 490.851 do not apply (i) in the case of actions

brought by or in the right of the corporation except for reasonable expenses incurred in connection

with the proceeding if it is determined that the director has met the relevant standard of conduct set

forth above or (ii) in connection with any proceedings with respect to conduct for which the director

was adjudged liable on the basis that the director received a financial benefit to which the director was

not entitled, whether or not involving action in the director's official capacity.

In addition, Section 490.852 of the IBCA provides mandatory indemnification of reasonable expenses

incurred by a director who is wholly successful in defending any action in which the director was a

party because the director is or was a director of the corporation. A director who is a party to a

proceeding because the person is a director may also apply for court-ordered indemnification and

advance of expenses under Section 490.854 of the IBCA.

Section 490.853 of the IBCA provides that a corporation may, before final disposition of a proceeding,

advance funds to pay for or reimburse the reasonable expenses incurred by a director who is a party

to a proceeding because such person is a director if the director delivers the following to the

corporation: (1) a written affirmation that the director has met the standard of conduct described

above or that the proceeding involved conduct for which liability has been eliminated under the

corporation's articles of incorporation and (2) the director's written undertaking to repay any funds

advanced if the director is not entitled to mandatory indemnification under Section 490.852 of the

IBCA and it is ultimately determined that the director has not met the standard of conduct described

above.

Under Section 490.856 of the IBCA, a corporation may indemnify and advance expenses to an officer

of the corporation who is a party to a proceeding because such person is an officer, to the same

extent as a director. In addition, if the person is an officer but not a director, further indemnification

may be provided by the corporation's articles of incorporation or bylaws, a resolution of the board of

directors or by contract, except liability for (1) a proceeding by or in the right of the corporation other

than for reasonable expenses incurred in connection with the proceeding and (2) conduct that

constitutes receipt by the officer of a financial benefit to which the officer is not entitled, an intentional

infliction of harm on the corporation or the shareholders or an intentional violation of criminal law.

Such indemnification is also available to an officer who is also a director if the basis on which the

officer is made a party to a proceeding is an act taken or a failure to take action solely as an officer.

Our Amended and Restated Articles of Incorporation provide that our directors will not be liable to us

or our shareholders for money damages for any action taken, or any failure to take any action, as a

director, except liability for (1) the amount of a financial benefit received by a director to which the

director is not entitled, (2) an intentional infliction of harm on the Registrant or the shareholders, (3) a

violation of Section 490.833 of the IBCA or (4) an intentional violation of criminal law.

Our Amended and Restated Articles of Incorporation also provide that we indemnify each of our

directors or officers for any action taken, or any failure to take any action, as a director or officer

except liability for (1) the amount of a financial benefit received by a director to which the director is

not entitled, (2) an intentional infliction of harm on the Registrant or the shareholders, (3) a violation of

Section 490.833 of the IBCA or (4) an intentional violation of criminal law. Additionally, the Registrant

is required to exercise all of its permissive powers as often as necessary to indemnify and advance

expenses to its directors and officers to the fullest extent permitted by law.

Our Bylaws also provide indemnification to our directors on the same terms as the indemnification

provided in our Amended and Restated Articles of Incorporation. Our Bylaws also provide for

advances of expenses to our directors and officers. The indemnification provisions of our Bylaws are

not exclusive of any other right which any person seeking indemnification may have or acquire under

any statute, our Amended and Restated of Incorporation or any agreement, vote of stockholders or

disinterested directors or otherwise.

Section 490.857 of the IBCA provides that a corporation may purchase and maintain insurance on

behalf of a person who is a director or officer of a corporation, or who, while a director or officer of a

corporation, serves at the corporation's request as a director, officer, partner, trustee, employee or

agent of another domestic or foreign corporation, partnership, joint venture, trust, employee benefit

plan or other entity, against liability asserted against or incurred by that person in that capacity or

arising from that person's status as a director or officer, whether or not the corporation would have the

power to indemnify or advance expenses to that person against the same liability under the IBCA. As

permitted by and in accordance with Section 490.857 of the IBCA, we maintain insurance coverage

for our officers and directors as well as insurance coverage to reimburse us for potential costs for

indemnification of directors and officers.

(b)**Indemnification of Principal Underwriters.** Pursuant to the Distribution Agreement with CBSI, MLIC

has agreed to indemnify CBSI and CBSI's directors, shareholders, officers, agents and employees

and hold each of them harmless from and against any losses, damages, judgments and other costs,

fees and expenses, including reasonable attorneys' fees, resulting from any breach by MLIC of the

Distribution Agreement or from the gross negligence, fraud or willful misconduct of employees and

permissible contractors and agents of MLIC.

(c)**Undertaking.** Insofar as indemnification for liability arising under the Securities Act of 1933, as

amended (the "Securities Act") may be permitted to directors, officers and controlling persons of the

Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in

the opinion of the Securities and Exchange Commission, such indemnification is against public policy

as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for

indemnification against such liabilities (other than the payment by the Registrant of expenses incurred

or paid by a director, officer or controlling person of the Registrant in the successful defense of any

action, suit or proceeding) is asserted by such director, officer or controlling person in connection with

the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has

been settled by controlling precedent, submit to a court of appropriate jurisdiction the question

whether such indemnification by it is against public policy as expressed in the Securities Act and will

be governed by the final adjudication of such issue.

**Item 31. Principal Underwriter.**

(a) CUNA Brokerage Services, Inc. ("CBSI"), an affiliate of MLIC, is the principal underwriter for the

Insurance Company. In addition, CBSI is the principal underwriter for CMFG Variable Annuity

Account, CMFG Variable Life Insurance Account, and MEMBERS Horizon Variable Separate Account.

The principal business address of CBSI is 2000 Heritage Way, Waverly, Iowa 50677-9202.

(b) Set forth below is certain information regarding the directors and principal officers of CBSI.

---

| | |
|:---|:---|
| **Name** | **Positions and Offices with Principal Underwriter** |
| Paul D. Barbato\* | Secretary |
| Joe Boen\*\*\*\* | Director and President |
| Jenny Brock\* | Treasurer |
| Katherine Castro\* | Assistant Secretary |
| Christopher Copeland\* | Director |
| Melissa Haberstich\*\* | Chief Compliance Officer |
| William A. Karls\* | Director |
| Barth T. Thomas\* | Director |
| Tammy Schultz\*\*\* | Director |

---

&nbsp;&nbsp;&nbsp;&nbsp;\*The principal business address of these persons is: 5910 Mineral Point Road, Madison, Wisconsin

53705. \*\*The principal business address of this persons is: 2000 Heritage Way, Waverly, Iowa 50677.

\*\*\*The principal business address of this person is: 440 Mt. Rushmore Road, Rapid City, South Dakota

57701. \*\*\*\*The principal business address of this person is: 2812 Pocock Road, Monkton, Maryland 21111.

(c) CBSI is the only principal underwriter. The services provided by CBSI are described in the Distribution

Agreement and Servicing Agreement filed as exhibits to this Registration Statement.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Principal Underwriter** | **Net Underwriting** <br>**Discounts** <br>| **Compensation** <br>**on** <br>**Redemption**<br>| **Brokerage** <br>**Commissions**<br>| **Compensation** |
| CUNA Brokerage Services, Inc. | $15,582,988\* | $0\* | $3,363,453\* | $12,219,536\* |

---

\*Information for fiscal year ended December 31, 2025.

**Item 31A. Information about Contracts with Index-Linked Options and Fixed Options Subject to a** 

**Contract Adjustment.** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Name of the** <br>**Contract**<br>| **Number of** <br>**Contracts** <br>**outstanding**<br>| **Total value** <br>**attributable** <br>**the Index-and/**<br>**or Fixed** <br>**Option** <br>**subject to an** <br>**Adjustment**<br>| **Number of** <br>**Contracts** <br>**sold during** <br>**the prior** <br>**calendar year**<br>| **Gross** <br>**premiums** <br>**received** <br>**during the** <br>**prior calendar** <br>**year**<br>| **Amount of** <br>**Contract** <br>**value** <br>**redeemed** <br>**during the** <br>**prior calendar** <br>**year**<br>| **Combination** <br>**Contract** <br>**(Yes/No)**<br>|
| TruStage <br>Zone Income <br>Annuity<br>| 10596 | 249969498<br>9<br>| 984 | 212960208 | 112290896 | No |

---

\*Information for fiscal year ended December 31, 2025.

**Item 32. Location of Accounts and Records.**

Not applicable.

**Item 33. Management Services**

Not applicable.

**Item 34. Fee Representation and Undertakings**

The Company hereby undertakes the following:

1. To file, during any period in which offers or sales are being made, a post-effective

amendment to the registration statement to include any prospectus required by section

10(a)(3) of the Securities Act; and

2. That, for the purpose of determining any liability under the Securities Act, each such post-

effective amendment shall be deemed to be a new registration statement relating to the

securities offered therein, and the offering of such securities at that time shall be deemed to

be the initial bona fide offering thereof.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it meets all of the

requirements for effectiveness of this Registration Statement under rule 485(b) under the Securities Act

and has duly caused this Registration Statement to be signed on its behalf by the undersigned, duly

authorized, in the City of Madison, and State of Wisconsin on this day of 14<sup>th</sup> day of April, 2026.

MEMBERS LIFE INSURANCE COMPANY (Registrant)

By: <u>/s/Tammy L. Schultz</u> 

Tammy L. Schultz, President

As required by the Securities Act of 1933, this Registration Statement has been signed by the following

persons in the capacities and as of the dates indicated:

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| \* | President and Director (Principal <br>Executive Officer) <br>| April 14, 2026 |
| Tammy L. Schultz |  |  |
| \* | Treasurer (Principal Financial & <br>Accounting Officer) | April 14, 2026 |
| Brian J. Borakove | Treasurer (Principal Financial & <br>Accounting Officer) | April 14, 2026 |
| \* | Director | April 14, 2026 |
| Jennifer M. Kraus-Florin | Director | April 14, 2026 |
| \* | Director  | April 14, 2026 |
| Abigail R. Rodriguez | Director  | April 14, 2026 |
| \* | Director | April 14, 2026 |
| William A. Karls | Director | April 14, 2026 |
| \* | Director and Secretary | April 14, 2026 |
| Paul D. Barbato | Director and Secretary | April 14, 2026 |

---

\*By: <u>/s/Britney Schnathorst</u>

Britney Schnathorst

\*Pursuant to Power of Attorney dated April 14, 2026, filed electronically with this Registration

Statement on Form N-4 (File No. 333-276157), filed with the Commission on April 14, 2026.

## Exhibit 99.27

**AMENDED AND RESTATED COINSURANCE AND MODIFIED COINSURANCE** 

**AGREEMENT DATED MARCH 6, 2025**

by and between

**MEMBERS Life Insurance Company**

(referred to as the "Company")

and

**CMFG Life Insurance Company**

(referred to as the "Reinsurer")

Effective as of March 6, 2025

**AMENDED AND RESTATED**

**COINSURANCE AND MODIFIED COINSURANCE AGREEMENT DATED MARCH 6, 2025**

THIS AMENDED AND RESTATED COINSURANCE AND MODIFIED COINSURANCE

AGREEMENT DATED MARCH 6, 2025 (this **"Agreement")** is effective as of March 6, 2025, by and between

MEMBERS Life Insurance Company, an Iowa domiciled stock insurance company (together with its successors

and permitted assigns, the **"Company"),** and CMFG Life Insurance Company, an Iowa domiciled stock insurance

company (together with its successors and permitted assigns, the **"Reinsurer").**

WHEREAS, the Company and the Reinsurer have previously entered into the following

reinsurance agreements covering registered index annuity products being issued by the Company (collectively,

the **"Prior Agreements"):** Coinsurance Agreement dated January 1, 2013, as amended; MEMBERS Horizon

Coinsurance and Modified Coinsurance Agreement dated November 1, 2015, as amended; Coinsurance Agreement

dated August 19, 2019, as amended; Amended and Restated Modified Coinsurance Agreement dated January 1,

2019, as amended; and Amended and Restated Modified Coinsurance Agreement dated February 4, 2021, as

amended November 23, 2021, October 10, 2022, and April 17, 2023; and

WHEREAS, the Company and Reinsurer desire to supersede and replace the Prior Agreements with

this Agreement and make certain other amendments related to the addition of a new Covered Policy and approval

by the Iowa Insurance Division; and,

WHEREAS, the Company desires to reinsure, and the Reinsurer desires to assume, 100% of the

Company's Policies (as defined herein) using a combination of modified coinsurance and coinsurance in accordance

with the terms and conditions set forth herein.

NOW, THEREFORE, in consideration of the mutual and several promises and undertakings herein

contained, and for other good and valuable consideration, the receipt and adequacy of which are hereby

acknowledged, the Company and the Reinsurer agree as follows:

**<u>ARTICLE I</u>** 

**<u>DEFINITIONS</u>**

Section 1.1 <u>Definitions.</u> The following terms shall have the respective meanings set forth below

throughout this Agreement:

**"AAA"** shall have the meaning set forth in Section 9.1 hereof.

**"Agreement"** shall have the meaning set forth in the preamble hereof.

**"Applicable Law"** means any domestic or foreign federal, state or local statute, law, ordinance or

code, or any written rules, regulations or administrative interpretations issued by any Government Entity pursuant

to any of the foregoing, and any order, writ, injunction, directive, judgment or decree of a court of competent

jurisdiction applicable to the parties hereto.

**"Business Day"** means any day other than a Saturday, Sunday, a day on which banking

institutions in the State of Iowa are permitted or obligated by Applicable Law to be closed or a day on which the

New York Stock Exchange is closed for trading.

**"Company"** shall have the meaning set forth in the preamble hereof

**"Code"** means the Internal Revenue Code of 1986, as amended, and the rules and regulations

thereunder.

**"Declared Rate Separate Account"** means the insulated, non-unitized separate account(s)

established and maintained by the Company pertaining to the Policies which account is linked to an interest rate

declared by the Company and is not registered as a unit investment trust under the Investment Company Act of 1940.

**"Declared Rate Separate Account Assets"** means the assets held in the Declared Rate Separate

Account(s).

**"Declared Rate Separate Account Liabilities"** means for the Declared Rate Separate

Account(s), all liabilities, reserves, obligations, costs and expenses relating to, based upon or arising out of the

Policies, and relating to the Declared Rate Separate Account Assets, provided, however, that the Declared Rate

Separate Account Liabilities shall not include the General Account Liabilities, Risk Control Account Separate

Account Liabilities or Variable Separate Account Liabilities

**"Effective Date"** means 12:01 a.m., Central Standard Time, on _______, 2025.

**"Extra Contractual Obligations"** means all liabilities, expenses or other obligations arising out

of or relating to the Policies, exclusive of liabilities, expenses or other obligations arising under the express terms

and conditions of the Policies, the General Account Liabilities, the Risk Control Separate Account Liabilities

Declared Rate Separate Account Liabilities and the Variable Separate Account Liabilities, but including any

liability for fines, penalties, forfeitures, punitive, special, exemplary or other form of extra contractual damages,

which liabilities or obligations arise from any act, error or omission, whether or not intentional, negligent, in bad

faith or otherwise relating to: (a) the marketing, sale, underwriting, issuance or administration of the Policies; (b)

the investigation, defense, trial, settlement or handling of claims, benefits or payments under the Policies; or (c) the

failure to pay, the delay in payment, or errors in calculating or administering the payment of benefits, claims or any

other amounts due or alleged to be due under or in connection with the Policies.

**"Fund Participation Agreements"** shall mean any and all agreements by and between the

Company and investment management companies which provide funding vehicles for the Variable Separate

Account.

**"General Account"** means the general investment account of the Company.

**"General Account Liabilities"** means all liabilities, reserves, obligations, costs and expenses

relating to, based upon or arising out of the Policies, whether incurred prior to, on or after the Effective Date,

including amounts held in the Holding Account, after applying the effect of any Hedging Arrangements maintained

by or for the benefit of the Company with respect to the General Account Liabilities: <u>provided,</u> <u>however,</u> that the

General Account Liabilities shall not include the Variable Separate Account Liabilities, Declared Rate Separate

Account or the Risk Control Separate Account Liabilities.

**"Government Entity"** shall mean any federal, state, local, municipal, county, foreign or other

governmental, quasi-governmental, administrative or regulatory authority, body, agency, court, tribunal,

commission or other similar governmental entity (including any branch, department, agency or political subdivision

thereof) or any self-regulating body of similar standing.

**"Hedging Arrangement"** means any contract, agreement, financial instrument or other

arrangement entered into by or for the benefit of the Company for purposes of offsetting potential losses or gains

attributable to the Reinsured Liabilities, including, without limitation, exchange-traded funds, forward contracts,

swaps, options or futures contracts.

**"Holding Account"** refers to the account that holds funds eligible and awaiting investment into a

Risk Control Account in accordance with the terms of the Policies, which account shall be part of the Company's

General Account. The assets in the account accrue interest at a rate declared by the Company subject to a

guaranteed minimum rate.

**"Income Tax Regulations"** means the temporary and final regulations issued under the Code.

Any citation to a section of the Income Tax Regulations includes a citation to any successor regulatory provision.

**"Insurance Taxes and Charges"** means all premium taxes and other insurance taxes (not

including any federal, state or local tax measured by income) and guaranty fund assessments, if any, payable by the

Company on account of the Policies,

**"Investment Guidelines"** shall have the meaning set forth in Section 4.3 hereof.

**"Iowa SAP"** means the statutory accounting principles and practices prescribed or permitted by

the Iowa Insurance Division.

**"Non-Guaranteed Elements"** means the index cap rates, expense charges, and administrative

expense risk charges, as applicable, under the Policies.

**"Person"** means any individual, corporation, partnership, limited liability company, limited

liability partnership, firm, joint venture, association, joint-stock company, trust, unincorporated organization,

governmental, judicial or regulatory body, business unit, division or other entity of any kind or nature.

**"Policies"** means all of the Company's individual registered index annuity contracts identified on

Schedule A (Covered Policies), together with all supplementary contracts (including applications therefore and all

endorsements, riders and agreements issued in connection therewith).

**"Prior Agreements"** shall have the meaning set forth in the preamble.

**"Quarterly Accounting"** shall mean a quarterly accounting, or more frequently as mutually

agreed to by the parties, prepared in accordance with Iowa SAP and prepared by the Company in accordance with

the provisions of Section 5.1 hereof.

**"Reinsured Liabilities"** means the General Account Liabilities, the Risk Control Separate

Account Liabilities, the Declared Rate Separate Account liabilities and the Variable Separate Account Liabilities.

**"Reinsurer"** shall have the meaning set forth in the preamble hereof.

**"Reinsurer's Separate Account"** means the insulated, non-unitized separate account(s)

established and maintained by the Reinsurer for the purposes of holding assets and reserves ceded directly from the

Company's Risk Control Separate Account(s) and Declared Rate Separate Account pursuant hereto.

**"Risk Control Separate Account"** means the insulated, non-unitized separate account(s)

established and maintained by the Company pertaining to the Policies which account is linked to the performance of

one or more equity indices and is not registered as a unit investment trust under the Investment Company Act of 1940.

**"Risk Control Separate Account Assets"** means the assets held in the Risk Control Separate

Account(s).

**"Risk Control Separate Account Liabilities"** means for the Risk Control Separate Account(s),

all liabilities, reserves, obligations, costs and expenses relating to, based upon or arising out of the Policies, and

relating to the Risk Control Separate Account Assets, provided, however, that the Risk Control Separate Account

Liabilities shall not include the General Account Liabilities Declared Rate Separate Account Liabilities or Variable

Separate Account Liabilities.

**"Statutory Reserves"** means, as of any given date, the gross reserves established and maintained

as a liability on the Company's statutory financial statements for the Policies, prior to giving effect to the reinsurance

provided hereunder, calculated in accordance with Iowa SAP and in accordance with sound actuarial principles.

**"SSAP 70"** means Statement of Statutory Accounting Principles No. 70, Allocation of Expenses.

**"Tax"** (or **"Taxes"** as the context may require) shall mean any federal, state, local or foreign net

income, gross income, gross receipts, severance, property, production, sales, use, license, excise, franchise,

employment, payroll, withholding, premium, alternative or add-on minimum, ad valorem, value-added, transfer,

stamp, or environmental (including taxes under Section 59A of the Code) tax, or any other similar tax, customs duty,

withholding, charge, fee, levy or other assessment, including any interest, penalty or addition imposed on such taxes

by any Taxing Authority.

**"Taxing Authority"** shall mean any agency or political subdivision of any foreign, federal, state, local or

municipal Government Entity with the authority to impose any Tax.

**"Variable Separate Account"** or **"VSA"** means the insulated, unitized separate account(s)

established and maintained by the Company pertaining to the Policies which accounts are registered as a unit

investment trust under the Investment Company Act of 1940.

**"Variable Separate Account Assets"** means the assets held in the Variable Separate Account.

**"Variable Separate Account Liabilities"** means for the Variable Separate Account(s), all

liabilities, reserves, obligations, costs and expenses relating to, based upon or arising out of the Policies, and

relating to the Variable Separate Account Assets, provided, however, that the Variable Separate Account Liabilities

shall not include the General Account Liabilities, Declared Rate Separate Account or the Risk Control Separate

Account Liabilities.

**"VSA Accumulated Value"** shall have the meaning set forth in Section 3.l(b) hereof.

**<u>ARTICLE II</u>**

**<u>BASIS</u> <u>OF</u> <u>REINSURANCE</u>**

Section 2.1 <u>Coinsurance</u> <u>and</u> <u>Modified</u> <u>Coinsurance.</u> Subject to the terms and conditions of this Agreement,

the Company hereby cedes to the Reinsurer with effect as of the Effective Date, and the Reinsurer hereby accepts and

agrees to reinsure on an indemnity basis one hundred percent (100%) of the Reinsured Liabilities, with (i) all

General Account Liabilities, Risk Control Separate Account Liabilities and Declared Rate Separate Account

liabilities included in the Reinsured Liabilities being reinsured on a coinsurance basis; and (ii) all Variable Separate

Account Liabilities included in the Reinsured Liabilities being reinsured on a modified coinsurance basis. The

reinsurance effected under this Agreement shall be maintained in force, without reduction, as long as the Company

has any liabilities or obligations under the Policies, unless such reinsurance is terminated

or reduced as provided herein. The Parties have agreed that this Agreement shall supersede and replace the Prior

Agreements, as that term is defined in the preamble.

Section 2.2 <u>Follow the Fortunes.</u> The Reinsurer's liability under this Agreement shall attach

simultaneously with that of the Company on and after the Effective Date, and all reinsurance with respect to which

the Reinsurer shall be liable by virtue of this Agreement shall be subject in all respects to the same risks, terms, rates,

conditions, interpretations, assessments, waivers, and premium adjustments, and to the same modifications,

alterations and cancellations, as the respective Policies and Reinsured Liabilities, the true intent of this Agreement

being that the Reinsurer shall follow the fortunes of the Company, and the Reinsurer shall be bound, without

limitation, by all payments and settlements entered into by or on behalf of the Company.

Section 2.3 <u>Territory</u> The reinsurance provided under this Agreement shall be coextensive with the

territory of the Policies reinsured hereunder.

Section 2.4 <u>Information</u> The Company will use its commercially reasonable efforts to provide to the

Reinsurer after the Effective Date all information available to the Company relating to the Reinsured Liabilities and

not otherwise available to or accessible by the Reinsurer.

**<u>ARTICLE III</u>** 

**<u>VARIABLE SEPARATE</u> <u>ACCOUNTS</u>**

Section 3.1 <u>Variable</u> <u>Separate</u> <u>Accounts</u> <u>V</u><u>SA).</u>

(a)The Company shall establish and maintain in its books and records one or more Variable

Separate Accounts into which shall be allocated all Variable Separate Account Assets and Variable Separate

Account Liabilities. The Company shall own and control all Variable Separate Account Assets in a VSA and all

reserves related thereto shall remain in a VSA. Investment income, capital gains and losses earned or accrued on the

assets held in a VSA shall be credited to the VSA.

(b)The Company shall calculate the accumulated value of the Variable Separate Account

Assets relating to a VSA as provided herein. The accumulated value of the Variable Separate Account Assets as

calculated by the Company from time to time shall be known as the **"VSA Accumulated Value."**

Section 3.2 <u>VSA Valuation Adjustment.</u> A valuation adjustment of a VSA will be computed by the

Company in accordance with the provisions of <u>Schedule</u> <u>3.2</u> as of the beginning of each calendar quarter to the end

of such calendar quarter, or more frequently as mutually agreed by the parties, commencing with the calendar

quarter following the Effective Date **("VSA Valuation Adjustment").** The VSA Valuation Adjustment, whether

positive or negative, shall be included as part of the calculation of the periodic payment as provided for in Section 5.2

Section 3.3 <u>VSA</u> <u>Earnings Credit.</u> On a quarterly basis, or more frequently as mutually agreed by the

parties, the Company will compute the investment earnings credit on a VSA (the **"VSA Earnings Credit"),** as

determined in accordance with <u>Schedule</u> <u>3.3.</u> The VSA Earnings Credit, whether positive or negative, reflects the

change in value of the Variable Separate Account Assets, net of cash flows between a VSA and the General Account,

and shall be included as part of the calculation of the periodic payment as provided for in Section 5.2.

Section 3.4 <u>VSA Payable Liability.</u> The Company will establish one or more accounts payable (the

**"VSA Payable Liability")** on its statutory books equal to the difference between the aggregate VSA Accumulated

Value and the aggregate Statutory Reserves related to a VSA. The quarterly change (or monthly change as

applicable) in a VSA Payable Liability shall be calculated in accordance with the provisions of <u>Schedule 3.4.</u> The

Reinsurer will set up a corresponding account receivable on its statutory books equal to the VSA Payable Liabilities.

**<u>ARTICLE</u> <u>IV</u>**

**<u>RISK</u> <u>CONTROL</u> <u>SEPARATE</u> <u>ACCOUNTS</u> <u>AND</u> <u>DECLARED</u> <u>RATE</u>**

**<u>SEPARATE</u> <u>ACCOUNTS</u>**

Section 4.1 Risk Control Separate Accounts and Declared Rate Separate Accounts.

(a)The Company shall establish and maintain in its books and records one or more Risk

Control Separate Accounts and Declared Rate Separate Accounts to which shall be allocated all Risk Control and

Declared Rate Separate Account Assets and Risk Control and Declared Rate Separate Account Liabilities. The

Company shall own and control all assets in a Risk Control Separate Account or a Declared Rate Separate Account.

(b)The Company shall calculate the accumulated value of the Risk Control Separate

Accounts and Declared Rate Separate Accounts as provided herein.

Section 4.2 <u>Risk Control Separate Account and Declared Rate Separate Account Premiums.</u> All premiums

remitted from the Company's Risk Control Separate Accounts or Declared Rate Separate Accounts on account of

the Policies shall be ultimately deposited into the Reinsurer's Separate Accounts. The Reinsurer shall be permitted to

invest premiums deposited into the Reinsurer's Separate Accounts in accordance with the investment guidelines

attached hereto as <u>Schedule 4.2</u> (the **"Investment Guidelines").** The Reinsurer shall have the authority to manage,

substitute and re-invest assets held in the Reinsurer's Separate Accounts at its discretion, provided that (a) all assets

held in, allocated to or transferred to the Reinsurer's Separate Accounts shall comply at all times with the

Investment Guidelines, and (b) the aggregate value of assets held in the Reinsurer's Separate Accounts shall at all

times be no less than the Risk Control Separate Account and the Declared Rate Separate Account Liabilities. All

assets held in the Reinsurer's Separate Accounts shall be used solely to satisfy liabilities attributable to the

Company's Risk Control Separate Accounts and Declared Rate Separate Accounts shall not be chargeable with

liabilities arising out of any other business of the Company or the Reinsurer. The Reinsurer shall provide the

Company with a semi-annual report (or more frequently if requested by the Company), with a copy provided to the

Iowa Insurance Division, summarizing the investment holdings in the Reinsurer's Separate Accounts with respect to

the six-month period at issue.

**<u>ARTICLE V</u>** 

**<u>PAYMENTS</u>**

Section 5**.**1 <u>Payments.</u> The Company agrees to transfer to the Reinsurer one hundred percent (100%) of any of

the following amounts actually received by the Company after the Effective Date:

(a)premiums, fees and other amounts received with regard to the Policies or the Reinsured

Liabilities, less any refunds or return of premium;

(b)litigation recoveries pursuant to litigation to the extent liability for such litigation

constitutes a Reinsured Liability;

(c)net gains attributable to any Hedging Arrangements;

(d)an amount equal to any Tax savings or benefits actually realized by the Company on

account of, or attributable to, the Policies to the extent such saving or benefit actually offsets or reduces taxable

income of the Company for any applicable Tax year covered under this Agreement;

(e)any administrative services fees, expense reimbursement, indemnification or revenue-share

payments made to the Company under any Fund Participation Agreements; and

(f)any and all other collections and recoveries relating to the Policies or the Reinsured

Liabilities.

In addition, the Company hereby transfers, conveys and assigns to the Reinsurer all of its right, title and interest in

any future payments of the amounts indicated above and not yet actually received, and the parties agree that upon

receipt all such amounts shall be transferred directly to the Reinsurer.

Section 5.2 <u>Reinsurer's</u> <u>Payment</u> <u>Obligation.</u> The Reinsurer agrees to pay to the Company one hundred

percent (100%) of any of the following amounts actually paid by the Company:

(a)annuity benefits, surrender values, withdrawal benefits, death benefits and any other

amounts paid under the Policies. Any such benefit payable by the Reinsurer attributable to Risk Control Separate

Accounts or Declared Rate Separate Accounts shall be satisfied solely through assets of the Reinsurer's Separate

Accounts. Any such benefit payable on account of Variable Separate Accounts shall be satisfied using assets from

the Variable Separate Accounts. Any such benefit payable by the Reinsurer hereunder attributable to the General

Account shall be satisfied using assets from the Reinsurer's general account.

(b)an amount equal to any Tax cost or detriment actually incurred by the Company on account

of, or attributable to, the Policies to the extent such cost or detriment actually increases the taxable income of the

Company for any applicable Tax year covered under this Agreement.

(c)any and all Extra Contractual Obligations;

(d)net losses attributable to any Hedging Arrangements, including any costs, expenses or lost

investment income incurred by the Company related thereto; and

(e)any and all other directly charged and allocated expenses paid or payable by the Company

relating to the Policies, including but not limited to (i) commissions, (ii) product development and acquisition

expenses (iii) expenses incurred in the provision of policyholder and benefit payment services, and

(iv) Insurance Taxes and Charges. Such expenses and costs shall be allocated between Risk Control Separate

Accounts, Declared Rate Separate Accounts, Variable Separate Accounts and the General Account in accordance

with SSAP 70.

Section 5.3 <u>Payments.</u> All payments pursuant to this Agreement shall be made in U.S. dollars and

immediately available funds.

**<u>ARTICLE VI</u>** 

**<u>ACCOUNTINGS</u>**

Section 6.1 <u>Quarterly</u> <u>Accountings,</u> On a quarterly basis, or more frequently as mutually agreed by the

Parties, commencing with the first calendar quarter following the Effective Date, the Company shall prepare a

Quarterly Accounting as of the end of each calendar quarter, no later than thirty (30) days after the end of such quarter;

<u>provided, however,</u> that in the event that subsequent data or calculations require revision of the final Quarterly

Accounting, the required revision and any appropriate payments shall be made in cash by the patties within five (5)

Business Days after they mutually agree as to the appropriate revision. All Quarterly Accountings shall be prepared

in the format set forth on <u>Schedule</u> <u>6.1</u> hereto. The Quarterly Accounting shall separately identify payment

obligations attributable to a Variable Separate Account, a Risk Control Separate Account, a Declared Rate Separate

Account and the General Account. In addition to the Quarterly Accounting, the Company shall provide the Reinsurer

with any additional information related to this Agreement or the Policies as is reasonably necessary for the Reinsurer

to satisfy any financial reporting or disclosure requirements or to comply with Applicable Law.

Section 6.2 <u>Quarterly Payments.</u> If a Quarterly Accounting reflects a balance due to the Company, the

amount(s) shown as due shall be paid within ten (10) Business Days of the preparation of the Quarterly Accounting. If

a Quarterly Accounting reflects a balance due to the Reinsurer, the amount(s) shown as due shall be paid within ten

(10) Business Days after the date on which the Quarterly Accounting was prepared. Any such balance payable by the

Reinsurer from the Reinsurer's Risk Control Separate Accounts or the Declared Rate Separate Accounts shall be

satisfied solely from assets of the Reinsurer's Risk Control Separate

Accounts or Declared Rate Separate Accounts. Any such balance payable on account of a Variable Separate

Account shall be satisfied solely from assets held in a Variable Separate Account. Any such balance payable by the

Reinsurer from the Reinsurer's General Account shall be satisfied solely from assets held in the Reinsurer's General

Account.

Section 6.3 <u>Offset Rights.</u> Subject to Section 562, each party hereto shall have, and may exercise at any

time and from time to time, the right to offset any balance or balances, whether on account of premiums or on

account of losses or otherwise, due from such party to the other party hereto under this Agreement and may offset

the same against any balance or balances due to the former from the latter under this Agreement; and the party

asserting the right of offset shall have and may exercise such right whether the balance or balances due to such party

from the other are on account of premiums or on account of losses or otherwise, which shall be deemed mutual

debts or credits, as the case may be.

**<u>ARTICLE</u> <u>VII</u>** 

**<u>POLICY</u> <u>ADMINISTRATION</u>**

Section 7.1 <u>Policy</u> <u>Administration.</u> The Company shall provide all required, necessary and appropriate

claims, administrative and other services with respect to the Policies. The Company shall use reasonable care in its

administration and claims practices with respect to the Policies and in administering and performing its duties

under this Agreement and such practices, administration and performance shall (a) conform with Applicable Law;

(b) not be fraudulent; and (c) be no less favorable than those used by the Company with respect to other policies of

the Company not reinsured by the Reinsurer.

Section 7.2 <u>Record Keeping.</u> The Company shall maintain appropriate books and records relating to the

Policies in accordance with Applicable Law and industry standards of insurance record keeping. In the event of the

termination of this Agreement and upon the request of the Company, any records in the possession of the Reinsurer

related to the Policies shall be duplicated and forwarded to the Company. The Company shall establish and maintain

an adequate system of internal controls and procedures for financial reporting relating to the Policies and shall

make such documentation available for examination and inspection by the Reinsurer upon request. Either party or

its designated representative may, upon reasonable advance notice and during normal business hours at the offices

of the Company or the Reinsurer, as the case may be, conduct reasonable inspections of the books and records of

the other party reasonably relating to the Policies or this Agreement for such period as this Agreement remains in

effect and as long thereafter as the Company or the Reinsurer, as the case may be, has any outstanding obligation

under this Agreement.

Section 7.3 <u>Certain Changes.</u>From and after the Effective Date, the Company shall set and may make

changes to:

(a)the Non-Guaranteed Elements of the Policies, provided any material changes to such

Non-Guaranteed Elements shall be mutually agreed upon by the Parties;

(b)the reserving methodology related to the Policies including changes required by

Applicable Law or Iowa SAP; and

(c)with respect to those Policies that are issued in connection with a Variable Separate

Account, the addition or substitution of investment options to the extent permitted under the terms of such Policies.

Section 7.4 <u>Changes to</u> <u>Policies.</u> The Company reserves the right to change the terms and conditions of the

Policies. The Reinsurer shall share proportionally, on a 100% coinsurance basis or modified coinsurance basis, as

applicable, in any such changes in the terms or conditions of the Policies.

**<u>ARTICLE VIII</u>** 

**<u>OVERSIGHTS</u>**

Section 8.1 <u>Oversights.</u> Inadvertent delays, errors or omissions made in connection with this Agreement

or any transaction hereunder shall not relieve either party from any liability which would have attached had such

delay, error or omission not occurred, provided that such error or omission is rectified as soon as possible after

discovery.

**<u>ARTICLE IX</u>** 

**<u>REGULATORY</u> <u>APPROVAL</u>**

Section 9.1 <u>Regulatory Approval.</u> This Agreement shall not become effective with respect to Policies

issued in any jurisdiction in which the approval of a Government Entity is required unless and until all such

approvals shall have been obtained under Applicable Law.

Section 9.2 <u>Savings</u> <u>Clause.</u> If any law or regulation of any federal, state or local government of the United

States of America, or the ruling of officials having supervision over insurance companies, or a ruling of a court having

jurisdiction over the parties to this Agreement should prohibit or render illegal this Agreement, or any portion thereof,

as to risks or properties located in the jurisdiction of such authority, either the Company or the Reinsurer may upon

written notice to the other party terminate, suspend or abrogate this Agreement insofar as it relates to risks or

properties located within such jurisdiction to such extent as may be necessary to comply with such law, regulations

or ruling.

**<u>ARTICLE X</u>** 

**<u>DISPUTE</u> <u>RESOLUTION</u>**

Section 10.1 <u>Arbitration.</u> If a dispute, controversy, or claim arises out of or relates to this Agreement, or an

alleged breach thereof, and if said dispute cannot be settled through direct discussions, the parties agree to first

endeavor to settle the dispute in an amicable manner by mediation administered by the American Arbitration

Association **("AAA")** under its Commercial Mediation Rules, before resorting to arbitration. If the matter has not

been resolved pursuant to mediation within thirty (30) calendar days of the commencement of such mediation

(which period may be extended by mutual agreement in writing), then any unresolved dispute, controversy, or claim

arising out of or relating to this Agreement, its termination or non-renewal, or any breach thereof, shall be settled by

arbitration in accordance with the Commercial Arbitration Rules of the AAA, and judgment upon the award

rendered by the arbitrator may be entered in any court having jurisdiction thereof. The arbitration shall be

conducted by a sole arbitrator or, at the election of either party, before a panel of three arbitrators. Selection of the

arbitrator(s) shall be in accordance with the Commercial Arbitration Rules of the AAA. The arbitrator(s) shall

allow each party to conduct limited relevant discovery. The arbitrator(s) shall have no authority to award punitive

damages or any damages not measured by the prevailing party's actual damages, and may not, in any event, make

any ruling, finding or award that does not conform to the terms and conditions of this Agreement and Applicable

Laws. All fees and expenses of arbitration shall be borne by the parties equally. However, each party shall bear the

expense of its own counsel, experts, witnesses, and preparation and presentation of the arbitration matter. Any such

arbitration shall be conducted in Madison, Wisconsin.

**<u>ARTICLE XI</u>** 

**<u>INSOLVENCY</u>**

Section 11.1 <u>Insolvency</u> <u>of</u> <u>Company.</u> In the event of insolvency and the appointment of a conservator,

liquidator, or statutory successor of the Company, the reinsurance hereunder shall be payable directly to the

conservator, rehabilitator, liquidator, receiver or statutory successor of the Company on the basis of claims allowed

against the Company by any court of competent jurisdiction or by any conservator, rehabilitator, liquidator, receiver

or statutory successor of the Company having authority to allow such claims, without diminution because of that

insolvency, or because the conservator, rehabilitator, liquidator, receiver or statuto1y

successor of the Company has failed to pay all or a portion of any claims. Payments by the Reinsurer, as set forth

herein, shall be made directly to the Company or to its conservator, rehabilitator, liquidator, receiver or statutory

successor, except where this Agreement specifically provides another payee of such reinsurance in the event of the

insolvency of the Company. The conservator, rehabilitator, liquidator, receiver or statutory successor of the

Company shall give written notice to the Reinsurer of the pendency of a claim against the Company indicating the

Policy reinsured, within a reasonable time after such claim is filed and the Reinsurer may investigate and interpose,

at its own expense, in any proceeding where such claim is to be adjudicated, any defense or defenses that the

Reinsurer may deem available to the Company or to its conservator, rehabilitator, liquidator, receiver or statutory

successor.

**<u>ARTICLE</u> <u>XII</u>** 

**<u>DURATION</u>**

Section 12.1 <u>Term.</u> The reinsurance provided under this Agreement shall remain continuously in force for

so long as the Company shall remain liable on the Policies or until terminated by either Party by written notice

given to the other Party at least twelve (12) months in advance of the termination date, a copy of which shall be

provided to the Iowa Insurance Division.

Section 12.2 <u>Runoff Coverage.</u> If this Agreement is terminated, the reinsurance hereunder shall continue

to apply to benefits and/or claims under all Policies (including any lapsed, surrendered, reinstated, renewed or

matured Policy) until the Company's obligations under the Policies cease. The Parties hereto expressly covenant

and agree that, in the event of termination of this Agreement, they will cooperate with each other in the handling of

all such run-off insurance business until the Company's obligations under the Policies cease. All costs and expenses

associated with the handling of such run-off business shall be borne solely by the Reinsurer. For the avoidance of

doubt, in the event this Agreement is terminated, the reinsurance hereunder shall not apply to any insurance policies

or annuity contracts, or binders, contracts, certificates, riders, endorsements, supplemental benefits, or other

agreements related or attaching to such insurance policies or contracts, that were first issued or assumed by the

Company on or after the effective date of any termination of this Agreement.

Section 12.3 <u>Recapture.</u> The Policies are not eligible for recapture by the Company except upon the

mutual agreement of the Company and the Reinsurer, and any partial or complete recapture/commutation shall be

subject to the prior approval of the Iowa Insurance Division to the extent required under Iowa law.

**<u>ARTICLE XIII</u> <u>CREDIT</u>** 

**<u>FOR</u> <u>REINSURANCE</u>**

Section 13.1 <u>Credit</u> <u>for</u> <u>Reinsurance.</u>

(a)The Reinsurer shall, at its own expense, take all steps necessary (including the posting of

letters of credit or other acceptable security) to enable the Company to receive and maintain full credit for the

reinsurance provided by this Agreement in any jurisdiction applicable throughout the entire term of this Agreement.

(b)It is understood and agreed that any term or condition required by Applicable Law to be

included in this Agreement for the Company to receive statutory credit for the reinsurance provided by this

Agreement shall be deemed to be incorporated in this Agreement by reference. Furthermore, the Reinsurer and the

Company agree to amend this Agreement, or enter into other agreements or execute additional documents as needed

to comply with the credit for reinsurance laws and regulations and/or the requirements of lowa Insurance Division.

**<u>ARTICLE</u> <u>XIV</u>** 

**<u>DAC TAX</u>**

Section 14.1 <u>Party.</u> The term "party" will refer to either contracting company as appropriate.

Section 14.2 <u>Other Terms.</u> The terms "Net Positive Consideration", "Specified Policy Acquisition

Expenses" and "General Deductions Limitation" used in this Article are defined by reference to Regulation Section

1.848-2 and Code Section 848.

Section 14.3 <u>DAC Tax Election.</u> The parties to this Agreement agree to make the election set forth below

pursuant to Section l .848-2(g) (8) of the Income Tax Regulations issued under Section 848 of the Code. This

election shall be effective for taxable year 2016 and for all subsequent taxable years for which this Agreement

remains in effect.

(a)The party with the Net Positive Consideration for this Agreement for each taxable year

will capitalize Specified Policy Acquisition Expenses with respect to this Agreement without regard to the General

Deductions Limitation of Code Section 848(c)(1).

(b)Both parties agree to exchange information pertaining to the amount of net consideration

under this Agreement each year, or as otherwise required by the Internal Revenue Service, to ensure consistency.

(c)The Company will submit a schedule to the Reinsurer by May 1 of each year with its

calculation of the net consideration for the preceding calendar year. The Reinsurer may contest such calculation by

providing an alternative calculation to the Company in writing within thirty (30) calendar days of the Reinsurer's

receipt of the Company's calculation.

(d)If the Reinsurer contests the Company's calculation, the parties will act in good faith to

reach an agreement as to the correct amount within thirty (30) calendar days of the date that the Company receives

the Reinsurer's alternative calculation. If the parties reach an agreement on the net consideration calculation, each

party will report the agreed upon amount in its income tax return for the preceding calendar year. If the parties are

unable to reach an agreement on the amount of net consideration, then the dispute shall be resolved pursuant to

Article IX of this Agreement. If Reinsurer does not contest the Company's calculation the parties will utilize the

calculation provided by the Company for reporting purposes in their respective income tax returns for the preceding

year.

(e)Each party will attach a schedule to its federal income tax return for its first taxable year

ending after the election becomes effective that identifies this Agreement as a reinsurance agreement for which

joint elections have been made under Treasury Regulation Section 1.848-2(g)(8).

**<u>ARTICLE XV</u>** 

**<u>SERVICE</u> <u>OF</u> <u>SUIT</u>**

Section 15.1. In the event of the failure of the Reinsurer to perform its obligations hereunder, the

Reinsurer, at the request of the Company, shall submit to the jurisdiction of a court of competent jurisdiction.

Nothing in this Article constitutes or should be understood to constitute a waiver of the Reinsurer's right to

commence an action in any court of competent jurisdiction, to remove an action or to seek a transfer of a case to

another court as permitted by law. The Reinsurer, once the appropriate court is selected, whether such court is the

one originally chosen by the Company and accepted by the Reinsurer or is determined by removal, transfer or

otherwise, as provided for above, shall comply with all requirements necessary to give said court jurisdiction and,

in any suit instituted against the Reinsurer upon this Agreement, shall abide by the final decision of such court or of

any appellate court in the event of appeal. This Article shall not be read to conflict with or override the obligations

of the parties to arbitrate their disputes as provided in Article IX.

**<u>ARTICLE XVI</u> <u>GENERAL</u>** 

**<u>PROVISIONS</u>**

Section 16.1 <u>Notices.</u> All notices and communications hereunder shall be in writing and shall become

effective when received. Any written notice shall be sent by either certified or registered mail, return receipt

requested, overnight delivery service (providing for delivery receipt), electronic facsimile transmission, or

delivered by hand. All notices or communications under this Agreement shall be addressed as follows:

If to the Company:

MEMBERS Life Insurance Company

5910 Mineral Point Rd.

Madison, WI 53705

Attention: Treasurer

If to the Reinsurer:

CMFG Life Insurance Company

5910 Mineral Point Rd.

Madison, WI 53705

Attention: Treasurer

Section 16.2 <u>Successors and Assigns.</u> Assignment or novation of this Agreement and related documents

requires the prior written consent of both parties and the prior approval of the Iowa Insurance Division. The

provisions of this Agreement and related documents shall be binding upon and inure to the benefit of and be

enforceable by the parties hereto and their respective successors and assigns as permitted herein.

Section 16.3 <u>Execution in Counterparts.</u> This Agreement may be executed by the parties hereto in any

number of counterparts, and by each of the parties hereto in separate counterparts, each of which counterparts,

when so executed and delivered, shall be deemed to be an original, but all such counterparts shall together constitute

but one and the same instrument.

Section 16.4 <u>Entire Agreement.</u> This Agreement, together with the schedules and exhibits attached hereto,

constitutes the entire agreement between the parties hereto with respect to the business being reinsured hereunder

and there are no understandings between the parties other than those expressed in this Agreement. Any change or

modification to this Agreement shall be null and void unless made by amendment to this Agreement and signed by

both parties hereto.

Section 16.5 <u>Regulatory Approval of</u> <u>Amendments.</u> No amendment to this Agreement until prior approval of the

Iowa Insurance Department has been received by the Company. Similarly, if the approval of other Governmental

Entities is required no amendment to this Agreement shall take effect until all such necessary approvals have been

received by the Company.

Section 16.6 <u>Governing Law.</u> This Agreement and related documents shall be governed by and construed

in accordance with the laws of the State of Iowa.

Section 16.7 <u>Severability.</u> In the event any section or provision of this Agreement or related documents is

found to be void and unenforceable by a court of competent jurisdiction, the remaining sections and provisions of

this Agreement or related documents shall nevertheless be binding upon the parties with the same force and effect

as though the void or unenforceable part had not been severed or deleted.

Section 16.8 <u>No Third Party Beneficiaries.</u> This Agreement constitutes an indemnity reinsurance

agreement solely between the Company and the Reinsurer. Nothing expressed or implied in this Agreement is

intended to confer any rights, benefits, remedies, obligations or liabilities upon any Person other than the parties

hereto and their respective successors and permitted assigns.

Section 16.9 <u>Compliance</u> <u>with</u> <u>Applicable</u> <u>Laws.</u> The Company and the Reinsurer shall maintain all licenses,

obtain all regulatory approvals and comply with all applicable laws and regulatory requirements necessary to perform their

respective obligations under this Agreement.

*[Remainder of page left intentionally blank]*

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly

authorized representative.

**MEMBERS LIFE INSURANCE COMPANY**

By: <u>/s/Brian Borakove</u>

Name: Brian Borakove

Title: Senior Vice President

Date: March 6, 2025

**CMFG LIFE INSURANCE COMPANY**

By: <u>/s/Paul Barbato</u>

Name: Paul Barbato

Title:SVP, Secretary

Date: March 12, 2025

**<u>SCHEDULE A</u>**

**<u>(Covered</u> <u>Policies)</u>**

MEMBERS® Zone Annuity

MEMBERS® Horizon Variable Annuity

TruStage™ Horizon II Annuity

TruStage™ Zone Income Annuity

TruStage™ ZoneChoice Annuity

TruStage™ ZoneChoice Advantage Annuity

**<u>SCHEDULE</u> <u>3.2</u>**

**VARIABLE SEPARATE ACCOUNT (VSA) VALUATION ADJUSTMENT CALCULATION**

The VSA Valuation Adjustment shall be calculated as of the end of each calendar quarter, or more frequently as

mutually agreed by the parties, as follows:

(A-B) Where:

A= VSA Accumulated Value with respect to the VSA as of the end of such calendar quarter (or month if

calculated on a monthly basis)

B = VSA Accumulated Value with respect to the VSA as of the beginning of such calendar quarter (or month if

calculated on a monthly basis)

**<u>SCHEDULE</u> <u>3.3</u>**

**VARIABLE SEPARATE ACCOUNT (VSA) EARNINGS CREDIT CALCULATION**

The VSA Earnings Credit shall be calculated as of the end of each calendar quarter (or month if calculated on a

monthly basis) as follows:

A-B-C+D

Where:

A= VSA Accumulated Value with respect to the VSA as of the end of such calendar quarter (or month if calculated

on a monthly basis)

B = VSA Accumulated Value with respect to the VSA as of the beginning of such calendar quarter (or month if

calculated on a monthly basis)

C = Increases in VSA Accumulated Value during such calendar quarter (or month if calculated on a monthly basis)

which shall be calculated as the premiums allocated to the VSA

D = Decreases in VSA Accumulated Value during such calendar quarter (or month if calculated on a monthly

basis) which shall be calculated as follows:

**1.**Death benefits, surrenders, withdrawals and annuitizations paid from the VSA

2. Contract, administration and transfer fee deductions

3. Deductions for contingent deferred sales charges or surrender charges

4. D(l) + D(2) + D(3)

**<u>SCHEDULE</u> <u>3.4</u>**

**VARIABLE SEPARATE (VSA) PAYABLE LIABILITY CALCULATION**

The VSA Payable Liability shall be calculated as of the end of each calendar quarter (or month if calculated on a

monthly basis) as follows:

(A-B)

Where:

A= VSA Accumulated Value with respect to the VSA as of the end of such calendar quarter (or month if calculated

on a monthly basis)

B = Statutory Reserves with respect to the VSA as of the end of such calendar quarter (or month if calculated on a

monthly basis)

**<u>SCHEDULE 5</u> <u>4.2</u>** 

**INVESTMENT GUIDELINES**

**Investment Guidelines for CMFG Life Insurance Company Risk Control Separate Accounts and Declared Rate** 

**Separate Accounts**

---

| | | | |
|:---|:---|:---|:---|
| **<u>Broad</u> <u>Asset</u> <u>Class</u>** | **<u>Asset</u> <u>Class</u>** | **Minimum** | **Maximum** |
| **Near Risk-Free** |  | **0%** | **100%** |
|  | Cash | -% | 100% |
|  | Government | 0% | 100% |
|  | Agency MBS\* | 0% | 40% |
| **Corporate** |  | **20%** | **80%** |
|  | Public - Investment Grade | 20% | 80% |
|  | Private - Investment Grade | 0% | 25% |
|  | High Yield | 0% | 10% |
| **Other Credit** |  | **0%** | **30%** |
|  | Municipal | 0% | 10% |
|  | Mortgage Loan | 0% | 30% |
| **Structured Credit** |  | **3%** | **35%** |
|  | ABS | 0% | 20% |
|  | CMBS | 0% | 20% |
|  | CLO | 0% | 20% |
|  | RMBS | 0% | 10% |
| **Equity or Near-Equity** |  | **0%** | **15%** |
|  | Real Estate | 0% | 5% |
|  | Alternative - Income | 0% | 7% |
|  | Alternative - MOIC | 0% | 7% |
|  | Public Equity | 0% | 5% |

---

\*A pass-through security or unleveraged CMO class

**<u>Derivatives</u>**

Derivative usage and limits on notional amounts will be set by the Board of Directors of CMFG Life Insurance

Company from time to time and must comply with the CMFG Life Insurance Company Derivative Use Plan and

Derivative Policy. Derivatives will not be used for speculative purposes.

**<u>Alternatives</u>**

The alternative equity allowed as part of these guidelines may be held in the form of direct limited partnership

holdings in private equity funds or as equity ownership in an affiliated entity formed to hold such limited

partnership holdings in private equity funds.

**<u>Transfer</u> <u>restrictions</u>**

Assets may be transferred into and out of the separate accounts as long as asset values exceed liability values after

such transfers. Impaired securities, securities in default or assets encumbered by other agreements (modified

coinsurance "segregated" assets, collateral for trusts, etc.) may not be transferred into the separate accounts.

**<u>Borrowing</u> <u>to</u> <u>Support</u> <u>the</u> <u>Separate</u> <u>Accounts</u>**

Assets of the Separate Accounts may be used to collateralize borrowing in order to meet short-term liquidity needs of

the Separate Accounts.

**<u>Use</u> <u>of</u> <u>Funding</u> <u>Agreements</u>**

Assets of the Separate Accounts may be used to collateralize funding agreements with the Federal Home Loan

Bank ("FHLB"). Funding agreement proceeds will be invested within the Separate Accounts in assets that are

consistent with these investment guidelines and that match funding agreement liabilities. The funding agreement

liabilities are recorded in each separate account so we are using separate account assets to satisfy liabilities

attributable to the separate accounts. We track these assets that back the funding agreements in a separate

portfolio so they can be identified separately.

**<u>Securities</u> <u>Lending</u>**

The Separate Accounts may participate in a securities lending program consistent with the terms of the general

account securities lending program in which collateral is received for loaned securities, provided investments made

with such collateral are invested within the Separate Accounts in assets consistent with these Investment guidelines

and that match securities lending program liabilities.

**<u>Applicability</u> <u>of</u> <u>Guidelines</u> <u>to</u> <u>New</u> <u>Products</u>**

Portfolios are established within each Separate Account in order to identify the specific assets intended to support

obligations associated with different contract forms. The assets within a portfolio intended to support a new

product may not be diversified among the asset classes described above until the assets within that portfolio total

$100 million. However, the total assets within the Separate Account will comply with these Investment Guidelines

at all times.

Effective: <u>10/10/2022</u>

**<u>SCHEDULE</u> <u>6.1</u>**

**FORM OF QUARTERLY STATEMENT**

I.Payments due to the Reinsurer shall be calculated as follows:

a.Premium ceded, less any return or refunds of premium

b.VSA Earnings Credit (if positive), excluding the change in VSA Payable Liability

c.Payments under Fund Participation Agreements

d.VSA Valuation Adjustment (if negative)

e.Any other items payable to the Reinsurer under Section 4.1 of this Agreement

f.Any amounts remitted to the Reinsurer after the date of the last quarterly settlement

g.I (a)+ I (b)+ I (c)+ I (d)+ I (e)-1 (f)

2. Payments due to the Company shall be calculated as follows:

a.Benefits ceded - surrenders, withdrawals, death and annuity benefits

b.VSA Earnings Credit (if negative), excluding the change in VSA Payable Liability

c.VSA Valuation Adjustment (if positive)

d.Any other items payable to the Company under Section 4.2 of this Agreement

e.Any payments to the Company after the date of the last quarterly settlement

f.2(a) + 2(b) + 2(c) + 2(d)-2(e)

3. Balance during the period shall be calculated as

follows: I (g)-2 (f)

With the amount of a positive balance paid by the Company to the Reinsurer, and the amount of a

negative balance paid by the Reinsurer to the Company.

Agreement on Accounting Periods

The Parties to the Amended and Restated Coinsurance and Modified Coinsurance Agreement dated January 1, 2019

have agreed that the Accountings described in Section V - Accountings of the Agreement shall be performed on a

monthly basis. Accordingly, the Parties agree that the Quarterly Accountings described in Section 5.1, the

Quarterly Accountings in Section 5.2 and the Schedule 5.1 Quarterly Statement shall be prepared on a monthly basis

until such time as the Parties agree in writing to change the timing for these reports.

MEMBERS Life Insurance Company

CMFG Life Insurance Company

## Exhibit 99.27

**FIRST AMENDMENT TO AMENDED AND RESTATED**

**COINSURANCE AND MODIFIED COINSURANCE AGREEMENT DATED MARCH 6, 2025**

**THIS FIRST AMENDMENT TO AMENDED AND RESTATED COINSURANCE AND MODIFIED COINSURANCE** 

**AGREEMENT DATED MARCH 6, 2025** ("Amendment") amends the AMENDED AND RESTATED

COINSURANCE AND MODIFIED COINSURANCE AGREEMENT DATED MARCH 6, 2025 (the "Agreement")

between **MEMBERS LIFE INSURANCE COMPANY** and **CMFG LIFE INSURANCE COMPANY**. This

Amendment is eﬀective May 23, 2025.

**WHEREAS**, the parties wish to amend the terms of the Agreement to add a new Covered Policy.

**NOW THEREFORE**, in consideration of the premises and the mutual covenants contained herein, the

parties agree to amend the Agreement as follows:

**1.1 Amendment to SCHEDULE A.** "Schedule A – Covered Policies" to the Agreement is replaced

in its entirety with the "Schedule A – Covered Policies" attached to this Amendment.

**IN WITNESS WHEREOF,** the parties have caused this Amendment to be executed by their duly authorized

representatives eﬀective as of the date set forth above.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **MEMBERS LIFE INSURANCE COMPANY** | **MEMBERS LIFE INSURANCE COMPANY** | **MEMBERS LIFE INSURANCE COMPANY** | **CMFG LIFE INSURANCE COMPANY** | **CMFG LIFE INSURANCE COMPANY** |
| By: | /s/Brian Borakove | /s/Brian Borakove | By: | /s/Paul Barbato |
| Print Name: | Print Name: | Brian Borakove | Print Name: Paul Barbato | Print Name: Paul Barbato |
| Title: | Senior Vice President | Senior Vice President | Title: | SVP, Chief Legal Officer |
| Date: | 06/06/2025 | 06/06/2025 | Date: | 06/05/2025 |

---

**SCHEDULE A** 

**COVERED POLICIES**

MEMBERS® Zone Annuity

MEMBERS® Horizon Variable Annuity

TruStage™ Horizon II Annuity

TruStage™ Zone Income Annuity

TruStage™ ZoneChoice Annuity

TruStage™ ZoneChoice Advantage Annuity

TruStage™ ZoneChoice Income Annuity

## Exhibit 99.27

---

| | |
|:---|:---|
| Britney Schnathorst<br>Associate General Counsel<br>Office of General Counsel<br>Phone: 608.665.4184<br>E-mail: Britney.Schnathorst@trustage.com<br>| ![image_0a.jpg](image_0a.jpg)<br>MEMBERS Life Insurance Company<br>|

---

April 14, 2026

Board of Directors

MEMBERS Life Insurance Company

2000 Heritage Way

Waverly, IA 50677

Re: MEMBERS Life Insurance Company TruStage<sup>®</sup> Zone Income AnnuityPost-Effective Amendment 6 to<u>Registration Statement on Form N-4, File No. 333-276157</u>

Dear Board of Directors:

With reference to the above-mentioned post-effective amendment to the registration statement on Form

N-4 (the "Amendment") to be filed by MEMBERS Life Insurance Company (the "Company") with the

Securities and Exchange Commission for the purpose of registering under the Securities Act of 1933, as

amended, single premium deferred modified guaranteed index annuity contracts (the "Contracts"), I have

examined such documents and such law as I considered necessary and appropriate, and on the basis of

such examination, it is my opinion that:

1. The Company is a corporation duly organized and validly existing as a stock life insurance

company under the laws of the State of Iowa and is duly authorized by the Insurance Division of

the Department of Commerce of the State of Iowa to issue the Contracts.

2. The Contracts, when issued as contemplated by the Form N-4 registration statement, will

constitute legal, validly issued and binding obligations of the Company.

I hereby consent to the filing of this opinion as an exhibit to the Form N-4 registration statement for the

Contracts. If you have any questions or comments regarding the Amendment, please call the undersigned

at (608) 665-4184.

Sincerely,

/s/Britney Schnathorst

Britney Schnathorst

Associate General Counsel

## Exhibit 99.27

**CONSENT OF INDEPENDENT AUDITOR**

We consent to the incorporation by reference in this Post-Effective Amendment No. 6 to Registration

Statement No. 333-276157 on Form N-4 of our report dated March 19, 2026, relating to the statutory

basis financial statements of MEMBERS Life Insurance Company, appearing on Form N-VPFS filed with

the SEC by the Company on April 1, 2026. We also consent to the reference to us under the heading

"Experts" in the Statement of Additional Information, which is part of such Registration Statement.

/s/ DELOITTE & TOUCHE LLP

Chicago, Illinois

April 13, 2026

## Exhibit 99.27

**MEMBERS Life Insurance Company**

**SUPPLEMENT DATED MAY 1, 2026** 

**to**

**TruStage**<sup>®</sup> **Zone Income Annuity** 

**Prospectus Dated May 1, 2026**

This Rate Sheet Supplement (this "Supplement") updates the Base Withdrawal Percentages and Annual

Increase Percentages for the Guaranteed Lifetime Withdrawal Benefit (the "GLWB") under the TruStage<sup>®</sup>

Zone Income Annuity Contract (the "Contract"). Please read this Supplement carefully and retain it with

your Contract prospectus for future reference.

The below Base Withdrawal Percentages and Annual Increase Percentages for the GLWB are in effect for

new Contracts issued after December 10, 2022. Once your Contract and GLWB Rider are issued, the

Base Withdrawal Percentages and Annual Increase Percentages applicable to your Contract Issue Date

will not change for the life of your Contract.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Base Withdrawal Percentage** | **Base Withdrawal Percentage** | **Annual Increase Percentage** | **Annual Increase Percentage** |
| **Age of Younger Covered** <br>**Person as of the Contract** <br>**Issue Date** | **Single Life** | **Joint Life** | **Single Life** | **Joint Life** |
| **21 - 44** | 2.50% | 2.00% | 0.40% | 0.40%  |
| **45** | 3.50% | 3.00% | 0.40%  | 0.40%  |
| **46** | 3.65% | 3.15% | 0.40%  | 0.40%  |
| **47** | 3.80% | 3.30% | 0.40%  | 0.40%  |
| **48** | 3.95% | 3.45% | 0.40%  | 0.40%  |
| **49** | 4.10% | 3.60% | 0.40%  | 0.40%  |
| **50** | 4.25% | 3.75% | 0.40%  | 0.40%  |
| **51** | 4.40% | 3.90% | 0.40%  | 0.40%  |
| **52** | 4.55% | 4.05% | 0.40%  | 0.40%  |
| **53** | 4.70% | 4.20% | 0.40%  | 0.40%  |
| **54** | 4.85% | 4.35% | 0.40%  | 0.40%  |
| **55** | 5.00% | 4.50% | 0.40%  | 0.40%  |
| **56** | 5.10% | 4.60% | 0.40%  | 0.40%  |
| **57** | 5.20% | 4.70% | 0.40%  | 0.40%  |
| **58** | 5.30% | 4.80% | 0.40%  | 0.40%  |
| **59** | 5.40% | 4.90% | 0.40%  | 0.40%  |
| **60** | 5.50% | 5.00% | 0.40%  | 0.40%  |
| **61** | 5.65% | 5.15% | 0.40%  | 0.40%  |
| **62** | 5.80% | 5.30% | 0.40%  | 0.40%  |
| **63** | 5.95% | 5.45% | 0.40%  | 0.40%  |
| **64** | 6.10% | 5.60% | 0.40%  | 0.40%  |
| **65** | 6.25% | 5.75% | 0.40%  | 0.40%  |
| **66** | 6.30% | 5.80% | 0.40%  | 0.40%  |
| **67** | 6.35% | 5.85% | 0.40%  | 0.40%  |
| **68** | 6.40% | 5.90% | 0.40%  | 0.40%  |
| **69** | 6.45% | 5.95% | 0.40%  | 0.40%  |
| **70** | 6.50% | 6.00% | 0.40%  | 0.40%  |

---

---

| | | | |
|:---|:---|:---|:---|
| **71** | 6.60% | 6.10% | 0.40%  |
| **72** | 6.70% | 6.20% | 0.40%  |
| **73** | 6.80% | 6.30% | 0.40%  |
| **74** | 6.90% | 6.40% | 0.40% |
| **75** | 7.00% | 6.50% | 0.40% |
| **76** | 7.05% | 6.55% | 0.40% |
| **77** | 7.10% | 6.60% | 0.40% |
| **78** | 7.15% | 6.65% | 0.40% |
| **79** | 7.20% | 6.70% | 0.40% |
| **80+** | 7.25% | 6.75% | 0.40% |

---

**This Supplement has no specified end date. These rates are effective for new Contracts until** 

**superseded by a subsequent Rate Sheet Supplement. We will file a new Rate Sheet Supplement at** 

**least 10 Business Days before new Base Withdrawal Percentages and Annual Increase** 

**Percentages go into effect.**

Please refer to Appendix C of the prospectus for historical Base Withdrawal Percentages and Annual

Increase Percentages for prior Contract Issue Dates.

To confirm the most current percentages or if you have any questions, please work with your financial

professional; contact us at 2000 Heritage Way, Waverly, IA 50677 or by calling 1-800-798-5500; or go to

www.sec.gov under File No. 333-276157.

**TruStage**<sup>™</sup> **Zone Income Annuity** 

**Issued by:**

**MEMBERS Life Insurance Company**

**INITIAL SUMMARY PROSPECTUS FOR NEW INVESTORS**

**DATED MAY 1, 2026**

This Initial Summary Prospectus summarizes key features of the TruStage™ Zone Income Annuity, an

individual or joint owned, single premium deferred modified guaranteed index annuity contract. Before you

invest, you should also review the prospectus for the Contract, which 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.

**If you are a new investor in the Contract, you may cancel your Contract within 10 days of receiving** 

**it without paying fees or penalties. In some states, this cancellation period may be longer. Upon** 

**cancellation, you will receive either a full refund of the amount you paid with your application (less** 

**any withdrawals) or your total Contract Value, depending on the state in which your Contract was** 

**issued. You should review this prospectus, or consult with your investment professional, for** 

**additional information about the specific cancellation terms that apply.**

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**

---

| | |
|:---|:---|
| **[GLOSSARY](#i8f2dd73f7f7a4b0089ef70499faf3829)** | **[4](#i8f2dd73f7f7a4b0089ef70499faf3829)** |
| **[OVERVIEW OF THE CONTRACT](#i719cc648eabd41e5ae949fb71c98dc98)** | **[7](#i719cc648eabd41e5ae949fb71c98dc98)** |
| **[KEY INFORMATION](#i67c3271c9bb44eb2a5f4d62286ddacf7)** | **[13](#i67c3271c9bb44eb2a5f4d62286ddacf7)** |
| **[BENEFITS AVAILABLE UNDER THE CONTRACT](#i862a058d759543b9b03c08af59841174)** | **[19](#i862a058d759543b9b03c08af59841174)** |
| **[BUYING THE CONTRACT](#ib42cc43f3d7f4b17a807ad4b1c4fc76a)** | **[19](#ib42cc43f3d7f4b17a807ad4b1c4fc76a)** |
| **[MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR CONTRACT](#if326adc656fd4de185171f27c426bc47)** | **[20](#if326adc656fd4de185171f27c426bc47)** |
| **[ADDITIONAL INFORMATION ABOUT FEES](#i92a0168ccf7543658625583e9b803750)** | **[22](#i92a0168ccf7543658625583e9b803750)** |

---

---

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

---

**GLOSSARY**

**Accumulation Credit** – A unit of measure used to calculate Risk Control Account Value.

**Accumulation Credit Factor** – A dollar value for each Accumulation Credit in a Risk Control Account.

**Accumulation Period** – The phase of the Contract that begins on the Contract Issue Date and ends on

the Payout Date, or the date the Contract is terminated if earlier.

**Adjusted Index Value** – The Closing Index Value adjusted for the Cap or Floor for the current Contract

Year.

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

Phone: 1-800-798-5500.

**Age** – Age as of last birthday.

**Allocation Level** – Specific levels identified in your Contract for the sole purpose of administering

allocation instructions according to the requirements of the Contract.

**Allocation Options** – All Risk Control Account and Declared Rate Account options available under the

Contract for allocating your Contract Value.

**Annual Free Withdrawal Amount** – The amount that can be withdrawn without incurring a Surrender

Charge or Market Value Adjustment each Contract Year. It is equal to 10% of the Contract Value

determined at the beginning of the Contract Year.

**Annual Increase Percentage** – The percentage that is added to the GLWB Percentage for each

completed Contract Year from the Contract Issue Date until the GLWB Payment Start Date, subject to a

maximum of 10 years.

**Annuitant (Joint Annuitant)** – The natural person(s) whose life (or lives) determines the amount of

income payments under the Contract.

**Authorized Request** – A signed and dated request that is in Good Order (as "Good Order" is defined

below). A request to change your allocation instructions must be signed by all Owners. A request to

change a party to the Contract, change the Payout Date or request a partial withdrawal or full surrender of

the Contract must be signed by all Owners. All Authorized Requests can be initiated by fax or mail. An

Authorized Request may also include a phone or electronic request except in the following situations: any

Contracts with restrictions such as an Irrevocable Beneficiary, collateral assignment, or trust; any

Contracts that include reference to divorce, bankruptcy, power of attorney, or similar legal agreement; any

Contracts with Joint Owners where both Owners are not available to speak over the phone; any

distribution made payable to another financial institution; when requesting partial withdrawals greater than

$25,000; when requesting to start GLWB Payments; and when requesting a full surrender of the Contract.

**Base Withdrawal Percentage** – The GLWB Percentage on the Contract Issue Date.

**Bailout Rate** – A specific rate that applies to the Bailout Provision.

**Bailout Provision** – If the Cap for your Risk Control Account is set below the Bailout Rate prominently

displayed on your Contract Data Page, the Bailout Provision allows you to withdraw the Risk Control

Account Value from that Risk Control Account during the 30-day period following the Contract

Anniversary. A Market Value Adjustment and Surrender Charges will not apply to such withdrawal.

**Beneficiary** – The person(s) (or entity) you named to receive proceeds payable due to the death of the

Owner. Before the Payout Date, if no Beneficiary survives the Owner, we will pay the Death Benefit

proceeds to the Owner's estate.

**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** – The maximum annual Index Return the Company will use in calculating interest credited to Risk

Control Account Value for a Contract Year. The Cap does not reflect deduction of the Contract Fee or the

GLWB Rider Fee.

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

**Contract** – The TruStage<sup>®</sup> Zone Income Annuity, an individual or joint owned, single premium deferred

modified guaranteed index 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. If a Contract Anniversary does not fall on a Business Day, any transactions required as

of that date will be processed on the next Business Day.

**Contract Fee** – An annual fee assessed against Contract Value in the Risk Control Account(s). This fee

equals a percentage of the Accumulation Credit Factor for the Risk Control Account at the start of a

Contract Year. This fee compensates us for the expenses, mortality risk and expense risk assumed by us.

**Contract Issue Date** – The date we use 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 continuing until the end of the day before the next Contract Anniversary.

**Covered Person(s)** – The natural person(s) whose Age and lifetime we base the GLWB Percentage and

GLWB Payments on under the GLWB Rider.

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

Contract.

**Death Benefit** – The greater of Contract Value or the Purchase Payment adjusted for withdrawals as of

the date Death Benefits are payable. We do not apply the Surrender Charge or Market Value Adjustment

in determining the Death Benefit payable.

**Declared Rate Account** – An Allocation Option to which we credit a single fixed annual rate of interest

referred to as the Interest Rate.

**Excess Withdrawal** – Any partial withdrawal other than a GLWB Payment. This includes the portion of a

withdrawal that, when added to other withdrawals during the Contract Year, is greater than the total GLWB

Payment for the current Contract Year. Excess Withdrawals include partial withdrawals prior to the GLWB

Payment Start Date and deductions for any applicable Surrender Charge and Market Value Adjustment.

Required Minimum Distributions ("RMDs") are Excess Withdrawals if taken prior to the GLWB Payment

Start Date. After the GLWB Payment Start Date, RMDs are not Excess Withdrawals.

**Floor** – The minimum annual Index Return the Company will use in calculating interest credited to Risk

Control Account Value for the life of the Contract.

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

**GLWB** or **Guaranteed Lifetime Withdrawal Benefit** – A withdrawal benefit feature that is part of your

Contract. Subject to certain conditions, the Guaranteed Lifetime Withdrawal Benefit provides for GLWB

Payments to be made each year for the life of the Covered Person(s) in the form of partial withdrawals

without reducing the value of GLWB Payments in future years. The GLWB Payments are guaranteed

regardless of investment performance and will continue even if the Contract Value is reduced to zero from

GLWB Payments.

**GLWB Benefit Base** – The amount upon which the GLWB Payment is based.

**GLWB Rider Fee** – An annual fee assessed against the GLWB Benefit Base while the Guaranteed

Lifetime Withdrawal Benefit is in effect. The fee compensates us for the expenses, mortality risk, and

expense risk assumed by us for providing the Guaranteed Lifetime Withdrawal Benefit.

**GLWB Payment(s)** – The payment made each year under the Guaranteed Lifetime Withdrawal Benefit

that is equal to the GLWB Percentage multiplied by the GLWB Benefit Base.

**GLWB Percentage** – The percentage applied to the GLWB Benefit Base to determine the GLWB

Payment.

**GLWB Payment Start Date** – The date GLWB Payments begin.

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

**Index, Indices** – The reference index (or indices) we use in determining interest credited to the Risk

Control Account Value.

**Index Return** – The change in the Index for the current Contract Year, adjusted for the Cap or Floor**.**

**Initial Index Value** – The value for the reference Index as of the start of a Contract Year.

**Interest Rate** – The fixed rate of interest credited to the Declared Rate Account. The Interest Rate will

never be less than the Minimum Interest Rate.

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

**Irrevocable Beneficiary** – A Beneficiary who must consent to being changed or removed as a

Beneficiary.

**Market Value Adjustment** – The amount of an adjustment (increase or decrease) that may be applied to

a full surrender or partial withdrawal, also referred to as the MVA.

**Minimum Interest Rate** – The minimum rate of interest we will credit Contract Value held in the Declared

Rate Account.

**Owner (Joint Owner)** – The person(s) (or entity) who owns the Contract and, in the case of a person(s),

whose death determines the Death Benefit. The Owner is also the person(s) (or entity) who receives

income payments during the Payout Period while the Annuitant is living. If there are multiple Owners,

each Owner will be a Joint Owner of the Contract and all references to Owner will mean Joint Owners.

The Owner has all rights, title and interest in the Contract. The Owner may exercise all rights and options

stated in the Contract, subject to the rights of any Irrevocable Beneficiary or assignee. The Owner is also

referred to as "you" or "your."

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

**Purchase Payment** – A single payment that we require to issue the Contract. We do not allow any

additional Purchase Payments under the Contract.

**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 IRC.

**Rate Sheet Supplement** – a periodic supplement to this Prospectus that provides the current Base

Withdrawal Percentages and Annual Increase Percentages for the Guaranteed Lifetime Withdrawal

Benefit for newly-issued Contracts.

**Required Minimum Distributions** – The Required Minimum Distribution (RMD) defined by the IRC for

this Contract and as determined by us.

**Risk Control Account** – An interest crediting option to which you may allocate your Contract Value. We

credit interest under each Risk Control Account based in part on the performance of a reference Index,

subject to a Cap and Floor. There are two types of Risk Control Accounts, the Secure Account and the

Growth Account.

**Risk Control Account Value** – The amount of 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

during the first six Contract Years.

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

the Accumulation Period.

**Terminally Ill, Terminal Illness** – A life expectancy of 12 months or less due to any illness or accident.

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

the next succeeding Business Day.

**OVERVIEW OF THE CONTRACT**

The following is a summary of the key features of the Contract. This summary does not include all the

information you should consider before purchasing a Contract. You should carefully read the entire

Prospectus, which contains more detailed information concerning the Contract and the Company, before

making an investment decision.

You should speak with a financial professional about the Contract's features, benefits, risks and fees, and

whether it is appropriate for you based upon your financial situation and objectives. The Company is not

an investment adviser and does not provide any investment advice to you in connection with your

Contract

The availability of Allocation Options, Contract benefits, and other Contract features described in this

Prospectus may vary by state and depending on the broker-dealer through which the Contract is sold.

**Purpose**

The Contract is an individual or joint owned, single premium deferred modified guaranteed index annuity

contract. Your Contract can help you save for retirement because your Contract Value can earn interest

from the Risk Control Accounts and/or the Declared Rate Account on a tax-deferred basis, and it provides

the opportunity for guaranteed lifetime payments. You generally will not pay taxes on your earnings until

you withdraw them.

The Contract is designed for long-term investors and is not intended for someone who needs ready

access to cash.

**Purchase and Contract Periods**

You may purchase the Contract with a single Purchase Payment of at least $10,000. **We do not allow** 

**additional Purchase Payments**.

There are two periods to your Contract: an Accumulation Period and a Payout Period.

***Accumulation Period.*** The Accumulation Period begins on the Contract Issue Date and continues until

the Payout Date. During the Accumulation Period, you allocate your Contract Value to the Risk Control

Accounts and the Declared Rate Account. Each of these types of Allocation Options is briefly described

below. **Additional information about each Allocation Option is provided in Appendix A.**

***Payout Period.*** The Payout Period begins on the Payout Date and continues until we make the last

payment as provided by the Income Payout Option chosen. On the first day of the Payout Period, the

Contract Value will be applied to the Income Payout Option you selected unless the GLWB Benefit is in

effect and the GLWB Payment would be higher. When the Payout Period begins, you will no longer be

able to make withdrawals. The Death Benefit terminates when the Contract Value is applied to an Income

Payout Option, at which time the Death Benefit depends on the terms of the Income Payout Option.

**Allocation Options**

Your Purchase Payment and Contract Value will be allocated according to your allocation instructions on

file with us for the applicable allocation levels. There are two allocation levels: Level A (Allocation Option

Level) and Level R (Risk Control Account Level).

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| | | | |
|:---|:---|:---|:---|
| **Allocation Options for Contracts issued on or after May 25, 2024** | **Allocation Options for Contracts issued on or after May 25, 2024** | **Allocation Options for Contracts issued on or after May 25, 2024** | **Allocation Options for Contracts issued on or after May 25, 2024** |
| **Interest** <br>**Term\***<br>| **Level A**<br>**Allocation Option Level**<br>| **Level R**<br>**Risk Control Account Level**<br>| **Crediting Strategy\*\*** |
| 1 year | Declared Rate | N/A | Fixed Interest Rate <br>(guaranteed for 1 year)<br>|
| 1 year | S&P 500 Index | Secure Account | 0% Floor, Cap |
| 1 year | S&P 500 Index | Growth Account | -10% Floor, Cap |
| 1 year | Dimensional US Small Cap <br>Value Systematic Index | Secure Account | 0% Floor, Cap |
| 1 year | Dimensional US Small Cap <br>Value Systematic Index | Growth Account | -10% Floor, Cap |
| 1 year | Barclays Risk Balanced Index | Secure Account | 0% Floor, Cap |
| 1 year | Barclays Risk Balanced Index | Growth Account | -10% Floor, Cap |
| 1 year | MSCI EAFE Index | Secure Account | 0% Floor, Cap |
| 1 year | MSCI EAFE Index | Growth Account | -10% Floor, Cap |

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

\*\*The Declared Rate Account Interest Rate will never be below the Minimum Interest Rate. The Floor will

not change during the life of your Contract. In return for accepting some risk of loss to your Risk Control

Account Value allocated to the Growth Account, the Cap for the Growth Account is higher than the Cap

for the Secure Account. We set the Cap each year for the next Contract Year. The Cap will always be at

least 1%.

On each Contract Anniversary, as part of automatic rebalancing, we will reallocate your Contract Value

based on your most recent allocation instructions that we have on file. Although you may reallocate

among Allocation Options each year, Excess Withdrawals and surrenders on any date other than each

sixth Contract Anniversary may be subject to a Market Value Adjustment and Surrender Charge.

We may offer additional Risk Control Accounts with the same or additional Indices at our discretion. We

may also discontinue a Risk Control Account, effective as of a Contract Anniversary. In any case, we will

notify you of the addition or discontinuation of a Risk Control Account. Such a change will be subject to

any applicable regulatory approval that may be required.

***Declared Rate Account.*** The portion of your Contract Value allocated to the Declared Rate Account is

credited interest daily based on a fixed annual interest rate. The applicable daily interest rate is the rate

that, when compounded, equals the Interest Rate. The initial Interest Rate is available at least two weeks

in advance of the Contract Issue Date and will be provided by your financial professional or by calling the

Company at 1-800-798-5500. For Contracts issued on or after May 25, 2024, the Interest Rate is

guaranteed for one year. We will notify you of any applicable change to the Interest Rate at least two

weeks prior to the change. The Interest Rate will never be less than the Minimum Interest Rate.

***Risk Control Accounts****.* The portion of your Contract Value allocated to a Risk Control Account is

credited with interest, if any, based in part on the investment performance of an external Index (shown in

the table above), subject to a Cap and Floor unique to each Risk Control Account. For each Risk Control

Account, the Index Return, which can be positive or negative, is calculated by comparing the change in

the Index from each Contract Anniversary (the first day of the Contract Year) to the last day of the

Contract Year. When funds are withdrawn from a Risk Control Account prior to the Contract Anniversary

for a surrender, partial withdrawal, annuitization, GLWB Payments or Death Benefit payment, Index

interest is calculated up to the date of withdrawal.

**The Indices can go up or down based on the securities prices of the companies that comprise the** 

**reference Index. Except for the Barclays Risk Balanced, each Index associated with the Risk** 

**Control Accounts is a "price return index," which means the Index performance does not include** 

**dividends paid on the securities comprising the Index. 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 certain fees. These deductions will reduce Index

performance, and the Index will underperform similar portfolios from which these fees and costs are not

deducted. Because the Index Return is calculated and applied at a single point in time, you may

experience negative or flat performance even though the Index experienced gains through some, or most,

of the Contract Year. **You could lose a significant amount of money if the Index declines in value**.

Each Risk Control Account has two investment options, a Secure Account and a Growth Account, which

have different Floors and Caps. The Floors may provide protection by limiting the amount of negative

Index interest credited to you for negative Index performance, but the Caps may limit the amount of

interest you can earn from positive Index performance. During the life of your Contract, an Allocation

Option with a Floor of 0% will always be available, and we will continue to make a Secure Account and

Growth Account option available for each Risk Control Account that is available to you. **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.** 

• The Floor is the maximum amount of negative Index interest we will credit you each Contract

Year. The Floor will not change during the life of your Contract. Negative Index performance will

reduce your Risk Control Account Value by up to the amount of the Floor. For example, if the

reference Index performance is -25% and the Floor is -10%, we will credit -10% in Index interest

at the end of the Contract Year, meaning your Risk Control Account Value will decrease by 10%

due to negative Index performance. The Secure Account provides the most protection from

negative investment performance. The Secure Account has a Floor of 0%, which means that

negative Index performance will not reduce your Risk Control Account Value. The Growth Account

has a Floor of -10%, which means that negative Index performance could reduce your Risk

Control Account Value by up to 10% each year. **It is possible that you will not earn any** 

**interest in a Risk Control Account or that we may credit negative interest to the Growth** 

**Account. There is a risk of loss of principal and previously credited interest with the** 

**Growth Account of up to 10% (with a Floor of -10%) each Contract Year due to negative** 

**Index performance. The Floor does not limit losses from the Contract Fee, the GLWB Rider** 

**Fee, Surrender Charge, Market Value Adjustment, or taxes**.

• The Cap is the maximum amount of positive Index interest we will credit you at the end of a

Contract Year. Positive Index performance will increase your Risk Control Account Value by up to

the amount of the Cap. For example, if the reference Index performance is 12% and the Cap is

4%, we will credit 4% in Index interest at the end of the Contract Year, meaning your Risk Control

Account Value will increase by 4% due to positive Index performance. In return for accepting

some risk of loss to your Contract Value allocated to the Growth Account, the Cap declared for

the Growth Account will be higher than the Cap declared for the Secure Account for the same

period and reference Index, which allows the potential for greater increases to your Risk Control

Account Value allocated to a Growth Account. The initial Cap is available at least two weeks in

advance of the Contract Issue Date and will be provided by your financial professional or by

calling the Company at 1-800-798-5500. We declare new Caps for each Contract Year, which we

guarantee for the next Contract Year. We will notify you of the Caps for the upcoming Contract

Year at least two weeks prior to the Contract Anniversary. The minimum Cap is 1%. With the Cap,

you may receive only a portion of any positive Index performance.

The same Index will generally be used for each Risk Control Account for the duration of the Contract Year.

However, if the publication of an Index is discontinued, or calculation of the Index is materially changed,

we will substitute a suitable Index that will be used for the remainder of the Contract Year and will notify

you of the change in advance. If we substitute an Index, the performance of the new Index may differ from

the original Index, which may, in turn, affect the index interest credited and your Contract Value.

**Withdrawal Options and Market Value Adjustment**

**This Contract may not be appropriate for you if you intend to take partial withdrawals other than** 

**GLWB Payments ("Excess Withdrawals"), or surrender your Contract.** However, the Contract offers

the following liquidity features during the Accumulation Period.

• Annual Free Withdrawal Amount – Each Contract Year, you may withdraw up to 10% of your

Contract Value determined as of the beginning of the Contract Year without incurring a Surrender

Charge or Market Value Adjustment. Any unused Annual Free Withdrawal Amount will not carry

over to any subsequent Contract Year.

• Partial Withdrawals – You may make partial withdrawals during the Accumulation Period by

Authorized Request. Any applicable Surrender Charge and Market Value Adjustment will affect

the amount available for a partial withdrawal.

• Full Surrender – You may surrender your Contract during the Accumulation Period by Authorized

Request. Upon full surrender, a Surrender Charge and Market Value Adjustment may apply.

• GLWB Payments – GLWB Payments are considered withdrawals. GLWB Payments are not

subject to a Surrender Charge or Market Value Adjustment. Each GLWB Payment will reduce the

Death Benefit, Surrender Value, Contract Value, and the Annual Free Withdrawal Amount by the

amount of the GLWB Payment.

All withdrawals other than GLWB Payments are Excess Withdrawals that could significantly reduce the

Death Benefit, GLWB Benefit Base, and GLWB Payment, perhaps by more than the amount of the

withdrawal, and could terminate the Contract. Additionally, Excess Withdrawals or surrenders of Contract

Value on any date other than each sixth Contract Anniversary will be subject to a Market Value

Adjustment, which may be positive or negative and could result in the loss of principal previously credited

interest. A negative Market Value Adjustment may significantly decrease the amount you receive upon

surrender or partial withdrawal. **It is possible in extreme circumstances to lose up to 90% of your** 

**principal and previously credited interest per year due to the Market Value Adjustment, regardless** 

**of the Allocation Option to which you allocated Contract Value.** Withdrawals and surrenders may

also be subject to a Surrender Charge. Withdrawals and surrenders are subject to federal income taxes

and may be subject to a 10% additional tax if taken before the Owner is age 59½.

**Guaranteed Lifetime Withdrawal Benefit**

The Guaranteed Lifetime Withdrawal Benefit is automatically included with your Contract. An annual fee is

deducted from your Contract for the Guaranteed Lifetime Withdrawal Benefit. Subject to certain

conditions, the Guaranteed Lifetime Withdrawal Benefit provides GLWB Payments based on a

percentage of your GLWB Benefit Base for the life of a Covered Person(s). There are restrictions on who

can become a Covered Person, and the Owner cannot request to remove a Covered Person or to add or

change a Covered Person except as described in this Prospectus. Also, joint life GLWB Payments are not

available for non-natural owners.

The GLWB Payment is calculated on the GLWB Payment Start Date. Beginning May 25, 2024, GLWB

Payments can begin as early as the 50th birthday of the youngest Covered Person or two Business Days

after the Contract Issue Date. You may take the full GLWB Payment or partial GLWB Payment amount

through the systematic withdrawal program. If you take less than the GLWB Payment, the remaining

GLWB Payment not taken will not carry over to future years. Payments can begin as late as the

anticipated Payout Date shown on your Contract Data Page. Upon reaching the Payout Date, we will

begin income payments (which will be the greater of the GLWB Payment or the income payment under

the Income Payout Option you elect) unless the Contract is surrendered.

The GLWB Payments are guaranteed regardless of investment performance and will continue even if the

Contract Value is reduced to zero from GLWB Payments. The GLWB Payment is a withdrawal of your own

Contract Value unless the Contract Value is reduced to zero. The probability of you outliving your Contract

Value and receiving the GLWB Payment from our General Account may be minimal. Withdrawals taken

before the GLWB Payment Start Date, including RMDs, and withdrawals taken after the GLWB Payment

Start Date that exceed the GLWB Payment amount, will reduce the GLWB Benefit Base and the GLWB

Payment, perhaps significantly, and could terminate the Contract. GLWB Payments continue during the

life of the Covered Person(s) unless the Guaranteed Lifetime Withdrawal Benefit Rider is terminated. The

Death Benefit is still payable after GLWB Payments begin but will be reduced by the GLWB Payments.

Once established, the GLWB Benefit Base and GLWB Payment can only decrease if you take an Excess

Withdrawal. If an Excess Withdrawal causes the Surrender Value to be less than $2,000, your Contract

will terminate and GLWB Payments will cease. Before processing the full surrender, we will attempt to

contact you or your financial professional to provide the opportunity for you to take a lesser withdrawal to

maintain a Surrender Value of at least $2,000. If we are unable to contact you within one Business Day

after receiving your request, we will process the full surrender.

GLWB Payments are subject to federal income tax and may be subject to a 10% additional tax if elected

prior to age 59½.

The Base Withdrawal Percentages and Annual Increase Percentages for the GLWB effective for newly

issued Contracts are set forth in a Rate Sheet Supplement. You should not purchase a Contract without first

obtaining the Rate Sheet Supplement applicable to your Contract Issue Date.

**Other Contract Features**

***Rebalancing / Reallocation***. You can provide instructions to reallocate your Contract Value among the

available Allocation Options by submitting new allocation instructions by Authorized Request. On each

Contract Anniversary, we will automatically rebalance your Contract Value between Allocation Options to

return your Contract Values to those reflected in the instructions on file with us. Any new allocation

change request will supersede any prior allocation instructions. You cannot discontinue the automatic

rebalancing of Contract Value on Contract Anniversaries.

***Bailout Provision.*** If the Cap for your Risk Control Account is set <u>below</u> the Bailout Rate specified on

your Data Page for that Risk Control Account, the Bailout Provision allows you to withdraw the Risk

Control Account Value from that Risk Control Account during the 30-day period following the Contract

Anniversary by Authorized Request. A Market Value Adjustment and Surrender Charge will not apply to

such withdrawal. If the Cap for your Risk Control Account is less than the Bailout Rate, we may at our

discretion restrict allocations into that Risk Control Account.

A withdrawal under the Bailout Provision will reduce the GLWB Benefit Base, which is used to determine

the GLWB Payment, and the Purchase Payment, which is used to determine the Death Benefit, perhaps

by more than the amount of withdrawal. Such withdrawals will be subject to federal income tax and may

be subject to a 10% additional tax.

***Death Benefit.*** The Death Benefit during the Accumulation Period is equal to the greater of Contract

Value or the Purchase Payment adjusted for withdrawals as of the date the Death Benefit is payable.

**Withdrawals reduce the Death Benefit, and in some cases, withdrawals could reduce the Death** 

**Benefit by substantially more than the amount of the withdrawal because of the Company's** 

**calculation of withdrawals on a proportionate basis when adjusting the Purchase Payment used to** 

**determine the Death Benefit.** We do not apply the Surrender Charge or Market Value Adjustment in

determining the Death Benefit payable.

***Income Payout Options.*** You have several income options to choose from during the Payout Period.

***Right to Examine.*** You may cancel your Contract within 10 days after you receive the Contract (30 days

if it is a replacement Contract) and return it to your financial professional or to us to receive either your

Purchase Payment or your Contract Value, depending upon applicable state law.

Please call your financial professional or the Company at 1-800-798-5500 if you have questions about

how your Contract works.

**KEY INFORMATION**

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| | | |
|:---|:---|:---|
| **IMPORTANT INFORMATION YOU SHOULD CONSIDER** <br>**ABOUT THE TRUSTAGE**<sup>®</sup> **ZONE INCOME ANNUITY** | **IMPORTANT INFORMATION YOU SHOULD CONSIDER** <br>**ABOUT THE TRUSTAGE**<sup>®</sup> **ZONE INCOME ANNUITY** | **IMPORTANT INFORMATION YOU SHOULD CONSIDER** <br>**ABOUT THE TRUSTAGE**<sup>®</sup> **ZONE INCOME ANNUITY** |
| **FEES, EXPENSES, AND ADJUSTMENTS** | **FEES, EXPENSES, AND ADJUSTMENTS** | Location in <br>Prospectus<br>|
| **Are There Charges** <br>**or Adjustments for** <br>**Early Withdrawals?**<br>| **Yes.** If you surrender your Contract or take an Excess <br>Withdrawal during the first six Contract Years, you may pay a <br>Surrender Charge of up to 9% (up to 8% for Contracts issued <br>on or after May 24, 2024) of the amount withdrawn in excess <br>of the Annual Free Withdrawal Amount. For example, if you <br>were to surrender your Contract during the first Contract Year, <br>you could pay a Surrender Charge of up to $8,100 on a <br>$100,000 investment. This loss will be greater if there is a <br>negative Market Value Adjustment, income taxes, or an <br>additional tax.<br>If you surrender your Contract or take an Excess Withdrawal <br>on any day other than every sixth Contract Anniversary, we <br>will apply a Market Value Adjustment (which may be positive <br>or negative) to the amount being withdrawn that is in excess <br>of the Annual Free Withdrawal Amount. A negative Market <br>Value Adjustment could significantly decrease the amount <br>you receive from an Excess Withdrawal or surrender. In <br>extreme circumstances, losses from the Market Value <br>Adjustment could be as high as 90% of your Contract Value <br>per year ($90,000 of a $100,000 investment). | Fee Table<br>Charges and <br>Adjustments<br>|
| **Are There** <br>**Transaction** <br>**Charges?**<br>| **No.** |  |

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| | | | | |
|:---|:---|:---|:---|:---|
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | **Yes.** The table below describes the fees and expenses that <br>you may pay each year, depending on the Allocation Options <br>you choose.<br>**There is an implicit ongoing fee on the Risk Control** <br>**Accounts to the extent that the Cap limits your** <br>**participation in Index gains, which is not reflected in the** <br>**tables below.** This means your returns may be lower than <br>the Index returns; however, in exchange for accepting a Cap <br>on Index gains, you receive some protection from Index <br>losses through the Floor.<br>Please refer to your Data Page for information about the <br>specific fees you will pay each year based on the options you <br>have elected. | **Yes.** The table below describes the fees and expenses that <br>you may pay each year, depending on the Allocation Options <br>you choose.<br>**There is an implicit ongoing fee on the Risk Control** <br>**Accounts to the extent that the Cap limits your** <br>**participation in Index gains, which is not reflected in the** <br>**tables below.** This means your returns may be lower than <br>the Index returns; however, in exchange for accepting a Cap <br>on Index gains, you receive some protection from Index <br>losses through the Floor.<br>Please refer to your Data Page for information about the <br>specific fees you will pay each year based on the options you <br>have elected. | **Yes.** The table below describes the fees and expenses that <br>you may pay each year, depending on the Allocation Options <br>you choose.<br>**There is an implicit ongoing fee on the Risk Control** <br>**Accounts to the extent that the Cap limits your** <br>**participation in Index gains, which is not reflected in the** <br>**tables below.** This means your returns may be lower than <br>the Index returns; however, in exchange for accepting a Cap <br>on Index gains, you receive some protection from Index <br>losses through the Floor.<br>Please refer to your Data Page for information about the <br>specific fees you will pay each year based on the options you <br>have elected. | Fee Table<br>Charges and <br>Adjustments |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | **Annual Fee** | **Min** | **Max** | Fee Table<br>Charges and <br>Adjustments |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | Contract Fee<sup>(1)</sup> | 0.75% | 0.75% | Fee Table<br>Charges and <br>Adjustments |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | GLWB Rider Fee<sup>(2)</sup> for Contracts issued: | GLWB Rider Fee<sup>(2)</sup> for Contracts issued: |  | Fee Table<br>Charges and <br>Adjustments |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | after February 10, 2021 | 1.00% | 1.00% | Fee Table<br>Charges and <br>Adjustments |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | April 26, 2020 to Feb. 10, 2021 | 0.75% | 0.75% | Fee Table<br>Charges and <br>Adjustments |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | Aug. 19, 2019 to April 25, 2020 | 0.50% | 0.50% | Fee Table<br>Charges and <br>Adjustments |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | (1)As a percentage of the Accumulation Credit Factor for each Risk <br>Control Account at the start of the Contract Year. We do not assess a <br>Contract Fee against Contract Value held in the Declared Rate Account.<br>(2)As a percentage of the GLWB Benefit Base. | (1)As a percentage of the Accumulation Credit Factor for each Risk <br>Control Account at the start of the Contract Year. We do not assess a <br>Contract Fee against Contract Value held in the Declared Rate Account.<br>(2)As a percentage of the GLWB Benefit Base. | (1)As a percentage of the Accumulation Credit Factor for each Risk <br>Control Account at the start of the Contract Year. We do not assess a <br>Contract Fee against Contract Value held in the Declared Rate Account.<br>(2)As a percentage of the GLWB Benefit Base. | Fee Table<br>Charges and <br>Adjustments |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | Because your Contract is customizable, the choices you <br>make affect how much you will pay. To help you understand <br>the cost of owning your Contract, the following table shows <br>the lowest and highest cost you could pay each year, based <br>on current charges. **This estimate assumes that you do** <br>**not take withdrawals from the Contract, which could add** <br>**Surrender Charges and a negative Market Value** <br>**Adjustment that substantially increase costs.** Additionally, <br>for the lowest annual cost, it is assumed that all Contract <br>Value is allocated to the Declared Rate Account. For the <br>highest annual cost, it is assumed that all Contract Value is <br>allocated to the Risk Control Accounts. | Because your Contract is customizable, the choices you <br>make affect how much you will pay. To help you understand <br>the cost of owning your Contract, the following table shows <br>the lowest and highest cost you could pay each year, based <br>on current charges. **This estimate assumes that you do** <br>**not take withdrawals from the Contract, which could add** <br>**Surrender Charges and a negative Market Value** <br>**Adjustment that substantially increase costs.** Additionally, <br>for the lowest annual cost, it is assumed that all Contract <br>Value is allocated to the Declared Rate Account. For the <br>highest annual cost, it is assumed that all Contract Value is <br>allocated to the Risk Control Accounts. | Because your Contract is customizable, the choices you <br>make affect how much you will pay. To help you understand <br>the cost of owning your Contract, the following table shows <br>the lowest and highest cost you could pay each year, based <br>on current charges. **This estimate assumes that you do** <br>**not take withdrawals from the Contract, which could add** <br>**Surrender Charges and a negative Market Value** <br>**Adjustment that substantially increase costs.** Additionally, <br>for the lowest annual cost, it is assumed that all Contract <br>Value is allocated to the Declared Rate Account. For the <br>highest annual cost, it is assumed that all Contract Value is <br>allocated to the Risk Control Accounts. | Fee Table<br>Charges and <br>Adjustments |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | **Lowest Annual Cost:** <br>**$913** | **Highest Annual Cost:** <br>**$1,561** | **Highest Annual Cost:** <br>**$1,561** | Fee Table<br>Charges and <br>Adjustments |
| **Are There Ongoing** <br>**Fees and** <br>**Expenses?** | Assumes:<br>•$100,000 investment<br>•5% annual appreciation<br>•No transfers or withdrawals | Assumes:<br>•$100,000 investment<br>•5% annual appreciation<br>•No transfers or <br>withdrawals | Assumes:<br>•$100,000 investment<br>•5% annual appreciation<br>•No transfers or <br>withdrawals | Fee Table<br>Charges and <br>Adjustments |

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|:---|:---|:---|
| **RISKS** | **RISKS** | Location in <br>Prospectus<br>|
| **Is There a Risk of** <br>**Loss from Poor** <br>**Performance?**<br>| **Yes.** You can lose money by investing in the Contract, <br>including loss of principal and previously credited interest. <br>There is a risk of loss of principal and previously credited <br>interest with the Growth Account of up to 10% (with a Floor of <br>-10%) each Contract Year due to negative Index <br>performance.<br>During the life of your Contract, an Allocation Option with a <br>Floor of 0% will always be available, and we will continue to <br>make a Secure Account and Growth Account option available <br>for each Risk Control Account that is available to you. <br>**Otherwise, we may add, change, or discontinue** <br>**Allocation Options and Indices from time to time. The** <br>**remaining Allocation Options may have terms that are** <br>**unacceptable to you and may not provide any protection** <br>**from Index losses, which could result in the loss of the** <br>**entire amount of your Contract Value.**  | Principal Risks of <br>Investing in the <br>Contract<br>|
| **Is this a Short-Term** <br>**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 <br>tax deferral mean that the Contract is more beneficial if you <br>have a long time horizon.<br>Excess Withdrawals and surrenders may be subject to a <br>Surrender Charge, a Market Value Adjustment (which may be <br>positive or negative) and federal and state income taxes, and, <br>if taken before age 59½, a 10% additional tax. Excess <br>Withdrawals will also reduce the Death Benefit, GLWB <br>Benefit Base, and GLWB Payment, perhaps by significantly <br>more than the amount of the withdrawal, and could terminate <br>the Contract.<br>During the Accumulation Period, we will automatically <br>rebalance your Contract Value among the Risk Control <br>Accounts and/or Declared Rate Account on each Contract <br>Anniversary based on your most recent allocation instructions <br>that we have on file. | Principal Risks of <br>Investing in the <br>Contract<br>Charges and <br>Adjustments<br>Federal Income <br>Tax Matters<br>|

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| | | |
|:---|:---|:---|
| **What Are the Risks** <br>**Associated with the** <br>**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 <br>Contract. Each Allocation Option, including the Risk Control <br>Accounts and the Declared Rate Account, has its own unique <br>risks. You should review the Allocation Options carefully <br>before making an investment decision.<br>With respect to the Risk Control Accounts, the Cap will limit <br>positive Index returns. For example, if the Index performance <br>for a Contract Year is 12%, and the Cap is 4%, we will credit <br>4% in interest at the end of that Contract Year. You may earn <br>less than the Index performance as a result. The Floor will <br>limit negative Index performance and thereby provide limited <br>protection in the case of a market decline. For example, if the <br>Index performance is -25% and the Floor for the Growth <br>Account is -10%, we will credit -10% at the end of the <br>Contract Year. <br>Except for the Barclays Risk Balanced, each Index <br>associated with the Risk Control Accounts is a "price return <br>index," which means the Index performance does not include <br>dividends paid on the securities comprising the Index. This <br>will reduce Index performance and will cause the Index to <br>underperform a direct investment in the underlying securities. <br>The Barclays Risk Balanced Index reinvests dividends but <br>deducts certain fees. These deductions will reduce Index <br>performance, and the Index will underperform similar <br>portfolios from which these fees and costs are not deducted. | Principal Risks of <br>Investing in the <br>Contract<br>Risk Control <br>Account Option<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 <br>the Company. Any obligations (including under the Declared <br>Rate Account and the Risk Control Accounts), guarantees <br>(such as the Death Benefit), or benefits are subject to the <br>Company's claims-paying ability. More information about the <br>Company, including its financial strength ratings, is available <br>upon request by calling 1-800-798-5500. | Principal Risks of <br>Investing in the <br>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 <br>features of allocations, transfers, withdrawals, and investment <br>option features. <br>The availability of Allocation Options, Contract benefits, and <br>other Contract features described in this Prospectus may <br>vary by state and depending on the broker-dealer through <br>which the Contract is sold.  | Appendix B |
|  | ***Allocations.*** We reserve the right, at our discretion, to restrict <br>allocations into the Risk Control Account if the Cap for your <br>Risk Control Account is less than the rate specified in the <br>Bailout Provision (as shown on your Contract Data Page). | Risk Control <br>Account Option-<br>Bailout Provision<br>|

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| | | |
|:---|:---|:---|
|  | ***Changes to Investment Options and Features.*** For each <br>Risk Control Account, we set a Cap for the first Contract Year, <br>which is made available at least two weeks in advance of the <br>Contract Issue Date. We may set a new Cap prior to each <br>Contract Anniversary for the subsequent Contract Year and <br>will send you written notice at least two weeks prior to the <br>Contract Anniversary. The Caps will always be a minimum of <br>1%.<br>During the life of your Contract, a Risk Control Account with a <br>Floor of 0% will always be available, and we will continue to <br>make a Secure Account and Growth Account option available <br>for each Risk Control Account that is available to you. <br>**Otherwise, we may add, change, or discontinue** <br>**Allocation Options and Indices from time to time. The** <br>**remaining Allocation Options may have terms that are** <br>**unacceptable to you and may not provide any protection** <br>**from Index losses, which could result in the loss of the** <br>**entire amount of your Contract Value.** <br>If there is a delay between the date we remove an Index for a <br>Risk Control Account and the date we add a substitute Index, <br>your Risk Control Account Value will be based on the value of <br>the Index on the date the Index ceased to be available, which <br>means market changes during the delay will not be used to <br>calculate the index interest. | Risk Control <br>Account Option<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 <br>must be at least $100 each. There are additional limitations <br>on the amounts that you may request and the timing for <br>requesting and terminating Systematic Withdrawals. A Market <br>Value Adjustment and Surrender Charge may apply. | Benefits 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 <br>tax implications the Contract. There is no additional tax <br>benefit if you purchase the Contract through a qualified <br>retirement plan or individual retirement account (IRA). <br>Withdrawals from the Contract are subject to ordinary income <br>tax, and may be subject to a 10% additional tax if taken <br>before age 59½. | Federal Income <br>Tax Matters<br>|

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

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**BENEFITS AVAILABLE UNDER THE CONTRACT**

**The following table summarizes information about the benefits available under the Contract.**

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| | | | | |
|:---|:---|:---|:---|:---|
| **Benefit** | **Purpose** | **Standard or** <br>**Optional**<br>| **Maximum** <br>**Fee**<br>| **Brief Description** <br>**of Restrictions** <br>**and Limitations**<br>|
| Guaranteed <br>Lifetime <br>Withdrawal Benefit<br>| Provides for GLWB Payments <br>to be made each year for the <br>life of the Covered Person(s)<br>| Standard | For Contracts <br>issued after <br>February 10, <br>2020...1.00%<br>| Excess <br>Withdrawals may <br>reduce the GLWB <br>Benefit Base by <br>more than the <br>amount of the <br>withdrawal. <br>|
| Death Benefit | Provides a Death Benefit if the <br>Owner dies during the <br>Accumulation Period<br>| Standard | No Charge | Excess <br>Withdrawals may <br>reduce the Death <br>Benefit by more <br>than the amount of <br>the withdrawal.<br>|
| Automatic <br>Rebalance <br>Program<br>| Returns your Contract Values to <br>the Allocation Levels on file with <br>us through a rebalancing <br>schedule. <br>| Standard | No Charge | There is a set <br>schedule of when <br>rebalancing occurs <br>at various levels of <br>the Contract.<br>|
| Systematic <br>Withdrawals<br>| Provide payments on a <br>schedule as set up by you.<br>| Optional | No Charge | Withdrawals may <br>be subject to a <br>Market Value <br>Adjustment or <br>Surrender Charge.<br>|

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**BUYING THE CONTRACT**

The minimum Purchase Payment for a Contract is $10,000. The Company does not allow additional

Purchase Payments. A Purchase Payment for a Contract, or Purchase Payments for multiple Contracts

owned by the same individual, that equals or exceeds $2 million requires our prior approval, which may

be withheld at our sole discretion.

We offer the Contract to individuals, certain retirement plans, and other entities. To purchase a Contract,

you, the Annuitant, and the Covered Person must be at least Age 21 and no older than Age 85.

The Contract is sold through financial professionals. To start the purchase process, you must submit an

application to your financial professional. The Purchase Payment must either be paid at the Company's

Administrative Office or delivered to your financial professional. Your financial professional will then

forward your completed application and Purchase Payment (if applicable) to us. The selling firm's

determination of whether the Contract is suitable for you may delay our receipt of your application. Any

such delays will affect when we issue your Contract.

If the application for a Contract is properly completed and is accompanied by all the information

necessary to process it, including payment of the Purchase Payment, the Purchase Payment will be

allocated to the Allocation Options you choose on the next available Contract Issue Date.

After we receive a completed application, Purchase Payment, and all other information necessary to

process a purchase order in Good Order, we will begin the process of issuing the Contract on the next

Contract Issue Date available. Contract Issue Dates offered by the Company are currently the 10<sup>th</sup> and

25<sup>th</sup> of each month unless those days fall on a non-Business Day. In that case, we issue the Contract on

the next Business Day with an effective Contract Issue Date of the 10<sup>th</sup> or 25<sup>th</sup>. Please note that during the

time period between the date your Purchase Payment is delivered to us and the next available Contract

Issue Date, we will hold your Purchase Payment in our General Account and will not pay interest on it.

Thus, during that time period, your Purchase Payment will not be allocated to either the Risk Control

Account or the Declared Rate Account.

On the Contract Issue Date, your Purchase Payment and Contract Value will be allocated according to

your allocation instructions on file with us for the applicable Allocation Levels. The availability of Allocation

Options may vary by state and depending on the broker-dealer through which the Contract is sold. **See** 

**Appendix B**. If you do not indicate your allocations on the application, our Administrative Office will

attempt to contact your financial professional and/or you for clarification. We will not issue the Contract

without your allocation instructions.

**MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR CONTRACT**

**Partial Withdrawals**

At any time during the Accumulation Period, you may make partial withdrawals by Authorized Request.

The minimum partial withdrawal amount is $100. Any applicable Surrender Charge and Market Value

Adjustment will affect the amount available for a partial withdrawal. We will pay you the amount you

request in connection with a partial withdrawal by reducing Contract Value in the Declared Rate Account

and redeeming Accumulation Credits from the appropriate Risk Control Accounts, if applicable.

Withdrawals will be processed Pro Rata from the Contract Value in all Allocation Options.

Partial withdrawals for less than $25,000 are permitted by telephone and in writing. The written consent of

all Owners must be obtained before we will process the partial withdrawal. If an Authorized Request is

received by 4:00 P.M. Eastern Time, it will be processed that day. If an Authorized Request is received

after 4:00 P.M. Eastern Time, it will be processed on the next Business Day.

If a partial withdrawal other than a GLWB Payment would cause your Surrender Value to be less than

$2,000, we will treat your request for partial withdrawal as a request for full surrender of your Contract.

Before processing the full surrender, we will attempt to contact you or your financial professional to

provide the opportunity for you to take a lower amount to maintain a Surrender Value of at least $2,000. If

we are unable to contact you within one Business Day after receiving your request, we will process the

full surrender.

**The Contract may not be appropriate for investors who plan to take withdrawals other than GLWB** 

**Payments, or surrender the Contract. All withdrawals other than GLWB Payments are Excess** 

**Withdrawals and will proportionally reduce the Purchase Payment, which is used to determine the** 

**Death Benefit, and GLWB Benefit Base, which is used to determine the GLWB Payment, by the** 

**ratio of the withdrawal (including any Surrender Charge and Market Value Adjustment) to the** 

**Contract Value immediately prior to the withdrawal. These proportional reductions may be** 

**substantially more than the withdrawal amount, and any resulting decreases to the GLWB** 

**Payment and Death Benefit could be significant. Partial withdrawals could terminate the Contract.** 

**Additionally, the Contract Fee, GLWB Rider Fee, Surrender Charge, Market Value Adjustment, and** 

**federal income taxes and additional taxes could significantly reduce the values under the Contract** 

**and the amount you receive from any withdrawals. Only the Contract Value remaining after the** 

**withdrawal will be credited interest, positive or negative, in the future.**

**Systematic Withdrawals**

Our systematic withdrawal program is an administrative program designed for you to take reoccurring,

automatic withdrawals at the frequency you select. You can receive payments monthly, quarterly, semi-

annually, or annually, subject to the $100 minimum partial withdrawal amount and minimum Surrender

Value. Although the Contract permits systematic withdrawals (including for Required Minimum

Distributions under the Internal Revenue Code) from the Risk Control Accounts before the end of the

term, these withdrawals may have an adverse effect on your values under the Contract. If you intend to

make ongoing withdrawals, you should consult a financial professional to determine whether the Contract

is appropriate for you.

**Surrenders**

You may surrender your Contract for the Surrender Value at any time during the Accumulation Period by

Authorized Request. The consent of all Owners must be obtained before the Contract is surrendered. If

an Authorized Request is received before 4:00 P.M. Eastern Time on a Business Day, it will be processed

that day. If an Authorized Request is received at or after 4:00 P.M. Eastern Time on a Business Day or on

a non-Business Day, it will be processed on the next Business Day.

If you surrender the Contract, you will receive the Surrender Value, as of the Business Day we received

your Authorized Request. The Surrender Value is equal to your Contract Value at the end of the Valuation

Period in which we receive your Authorized Request, minus any applicable Contract Fee, GLWB Rider

Fee, and Surrender Charge, and adjusted for any applicable Market Value Adjustment.

**The Surrender Value could be significantly lower than your Contract Value due to the Market Value** 

**Adjustment, GLWB Rider Fee, and Surrender Charge. Federal income taxes may further reduce** 

**the amount you receive from a surrender, and a 10% additional tax may apply if taken before the** 

**Owner is age 59½. You should consult a tax advisor before requesting a surrender.**

Upon payment of the Surrender Value, the Contract is terminated, and we have no further obligation

under the Contract or Guaranteed Lifetime Withdrawal Benefit. We may require that the Contract be

returned to our Administrative Office prior to making payment. The Surrender Value will not be less than

the amount required by applicable state law in which the Contract was delivered. We will pay you the

amount you request in connection with a full surrender by withdrawing Contract Value in the Declared

Rate Account and redeeming Accumulation Credits from the Risk Control Accounts, if applicable.

**Annual Free Withdrawal Amount**

Your Annual Free Withdrawal Amount is equal to 10% of the Contract Value at the beginning of the

Contract Year and represents the amount that can be withdrawn without incurring a Surrender Charge or

Market Value Adjustment in a Contract Year. Any unused Annual Free Withdrawal Amount will not carry

over to any subsequent Contract Year. GLWB Payments will reduce the Annual Free Withdrawal Amount

but will not be subject to a Surrender Charge or Market Value Adjustment.

The Annual Free Withdrawal Amount is subtracted from surrenders for purposes of calculating the

Surrender Charge and Market Value Adjustment.

**Partial Withdrawal and Surrender Restrictions**

Your right to make partial withdrawals and surrender the Contract is subject to any restrictions imposed by

any applicable law or employee benefit plan.

**Right to Defer Payments**

We reserve the right to postpone payment for up to six months after we receive your Authorized Request,

subject to obtaining prior written approval by the state insurance commissioner if required by the law of

the state in which we issued the Contract. If we postpone payment, we will pay interest on the proceeds if

required by state law, calculated at the effective annual rate and for the time period required under state

law.

**ADDITIONAL INFORMATION ABOUT FEES**

**The following tables describe the fees, expenses, and adjustments that you will pay when buying,** 

**owning, and surrendering or making withdrawals from an Allocation Option or from the Contract.** 

**Please refer to your Contract Data Page for information about the specific fees you will pay each** 

**year based on the options you have elected.**

**The first table describes the fees and expenses that you will pay at the time that you buy the** 

**Contract, surrender or make withdrawals from an Allocation Option or from the Contract, transfer** 

**Contract Value between Allocation Options, or request special services. State premium taxes may** 

**also be deducted.**

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| | |
|:---|:---|
| **Transaction Expenses for Contracts Issued On or After May 25, 2024** | **Charge** |
| Maximum Surrender Charge (as a percentage of Contract Value surrendered or <br>withdrawn)<sup>(1)</sup><br>| 8% |

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(1)During the first six Contract Years, we deduct a Surrender Charge from each withdrawal or surrender that exceeds the Annual

Free Withdrawal Amount. We do not assess a Surrender Charge on withdrawals and surrenders made under the Nursing

Home or Hospital Waiver or Terminal Illness Waiver.

**The next table describes the adjustments, in addition to any transaction expenses, that apply if all** 

**or a portion of the Contract Value is removed from an Allocation Option or from the Contract on** 

**any day other than every sixth Contract Anniversary.**

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| | |
|:---|:---|
| **Adjustments** | **Charge** |
| Market Value Adjustment Maximum Potential Loss (as a percentage of Contract Value <br>withdrawn or surrendered)<sup>(1)</sup><br>| 90% |

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(1)During the Accumulation Period, if you surrender your Contract or take an Excess Withdrawal from any Allocation Option on

any day other than every sixth Contract Anniversary, we will apply a Market Value Adjustment (which may be positive or

negative) to the amount being withdrawn that is in excess of the Annual Free Withdrawal Amount. A negative Market Value

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

**The next table describes the fees and expenses that you will pay *each year* during the time that** 

**you own the Contract.**

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| | |
|:---|:---|
| **Annual Contract Expenses** | **Charge** |
| Base Contract Expenses (as a percentage of the Accumulation Credit Factor for each Risk <br>Control Account at the start of each Contract Year)<sup>(1)</sup><br>| 0.75% |
| GLWB Rider Fee (as a percentage of the average daily GLWB Benefit base for the prior <br>Contract Year)<sup>(2)</sup><br>| 1.00% |

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(1)Base Contract Expenses includes the Contract Fee. The Contract Fee is assessed against the Contract Value held in the Risk

Control Accounts. We do not assess a Contract Fee against Contract Value held in the Declared Rate Account.

(2)The GLWB Rider Fee is deducted Pro Rata from the Contract Value of each Allocation Option on each Contract Anniversary.

The GLWB Rider Fee is: for Contracts issued after February 10, 2021, 1.00%; for Contracts issued from April 26, 2020 to

February 10, 2021, 0.75%; for Contracts issued from August 19, 2019 to April 25, 2020, 0.50%.

**In addition to the fees described above, the Cap limits the amount you can earn with respect to** 

**each Risk Control Account. This means your returns may be lower than the Index returns. In** 

**return for accepting this limit on Index gains, you will receive some protection from Index losses.**

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

**Risk Control Account Options**

The following is a list of the Risk Control Account options currently available under the Contract. We may

change the features of the Risk Control Accounts listed below (including the Index and the Caps), offer

new Risk Control Accounts, and terminate existing Risk Control Accounts. We will provide you with written

notice before making any changes other than changes to the Caps. Information about current Caps is

available at https://www.trustage.com/zone-income-annuity-rates.

**Note: During the Accumulation Period, if you surrender your Contract or take a partial withdrawal** 

**on any day other than each sixth Contract Anniversary, we will apply a Market Value Adjustment** 

**(which may be positive or negative). 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 each sixth Contract Anniversary.**

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** | **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** | **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** | **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** | **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** | **CONTRACTS ISSUED ON OR AFTER MAY 25, 2024** |
| **Index** | **Type of Index** | **Crediting** <br>**Period**<br>| **Account Type** | **Limit on Index** <br>**Loss (if held** <br>**until each 6th** <br>**Contract** <br>**Anniversary)**<br>| **Minimum Limit** <br>**on Index Gain** <br>**(for the Life of** <br>**the Contract)**<br>|
| S&P 500 <br>Price Return <br>Index<sup>(1)</sup> | stock market index based <br>on market capitalizations <br>of 500 leading companies <br>publicly traded in the U.S. <br>stock market | 1 year<sup>(2)</sup> | Secure Account | 0% Floor | 1% Cap |
| S&P 500 <br>Price Return <br>Index<sup>(1)</sup> | stock market index based <br>on market capitalizations <br>of 500 leading companies <br>publicly traded in the U.S. <br>stock market | 1 year<sup>(2)</sup> | Growth Account | -10% Floor | 1% Cap |
| MSCI EAFE <br>Price Return <br>Index<sup>(1)</sup> | stock market index <br>designed to measure the <br>equity market <br>performance of developed <br>markets excluding the <br>U.S. and Canada | 1 year<sup>(2)</sup> | Secure Account | 0% Floor | 1% Cap |
| MSCI EAFE <br>Price Return <br>Index<sup>(1)</sup> | stock market index <br>designed to measure the <br>equity market <br>performance of developed <br>markets excluding the <br>U.S. and Canada | 1 year<sup>(2)</sup> | Growth Account | -10% Floor | 1% Cap |
| Dimensional <br>US Small <br>Cap Value <br>Systematic <br>Index<sup>(1)</sup> | stock market index that <br>invests within the smallest <br>8% of the US market <br>down to $100 million in <br>market capitalization with <br>relative prices in the <br>lowest 40% when ranked <br>by price to book | 1 year<sup>(2)</sup> | Secure Account | 0% Floor | 1% Cap |
| Dimensional <br>US Small <br>Cap Value <br>Systematic <br>Index<sup>(1)</sup> | stock market index that <br>invests within the smallest <br>8% of the US market <br>down to $100 million in <br>market capitalization with <br>relative prices in the <br>lowest 40% when ranked <br>by price to book | 1 year<sup>(2)</sup> | Growth Account | -10% Floor | 1% Cap |
| Barclays <br>Risk <br>Balanced <br>Index<sup>(1)</sup> | allocates between <br>equities and fixed income <br>using the principles of <br>Modern Portfolio Theory, <br>which seeks to maximize <br>the expected return based <br>on a given level of market <br>risk | 1 year<sup>(2)</sup> | Secure Account | 0% Floor | 1% Cap |
| Barclays <br>Risk <br>Balanced <br>Index<sup>(1)</sup> | allocates between <br>equities and fixed income <br>using the principles of <br>Modern Portfolio Theory, <br>which seeks to maximize <br>the expected return based <br>on a given level of market <br>risk | 1 year<sup>(2)</sup> | Growth Account | -10% Floor | 1% Cap |

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(1)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.

(2)We credit interest to each Risk Control Account at the end of each Contract Year during the six-year

period by comparing the change in the Index from each Contract Anniversary (the first day of the

Contract Year) to the last day of the current Contract Year. However, Excess Withdrawals and

surrenders on any day other than every sixth Contract Anniversary will be subject to the Market Value

Adjustment.

The Index Return is determined on each Contract Anniversary and is measured over the Contract Year.

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 Contract Year.

The Floors for the Secure Account and Growth Account will not change during the life of your Contract.

We set the Cap each year for the next Contract Year. In return for accepting some risk of loss to your Risk

Control Account Value allocated to the Growth Account, the Cap for the Growth Account is higher than the

Cap for the Secure Account. The Cap will always be at least 1%.

During the life of your Contract, an Allocation Option with a Floor of 0% will always be available, and we

will continue to make a Secure Account and Growth Account option available for each Risk Control

Account that is available to you. **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.** 

**Declared Rate Account**

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

change the features of the Declared Rate Account Options listed below, offer new Declared Rate Account

Options, and terminate existing Declared Rate Account Options. We will provide you with written notice

before doing so.

**Note: During the Accumulation Period, if you surrender your Contract or take a partial withdrawal** 

**on any day other than each sixth Contract Anniversary, we will apply a Market Value Adjustment** 

**(which may be positive or negative). This may result in a significant reduction in your Contract** 

**Value.**

---

| | |
|:---|:---|
| **CONTRACTS ISSUED AFTER MAY 25, 2024** | **CONTRACTS ISSUED AFTER MAY 25, 2024** |
| **Name** | **Term** |
| Declared Rate <br>Account<br>| 6 years<br>0.15%<sup>(1)</sup> |

---

(1) The Minimum Guaranteed Interest Rate is set on the Contract Issue Date and every sixth anniversary

based on the calendar quarter in which the Issue Date or Contract Anniversary falls.

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

Contract is sold.

This Initial 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: C000256712

## Exhibit 99.27

**MEMBERS Life Insurance Company**

**Power of Attorney**

**Paul D. Barbato**

**Director**

KNOW ALL PERSONS BY THESE PRESENT, that I, Paul D. Barbato, Director of MEMBERS Life

Insurance Company, an Iowa company (the "Company"), do hereby appoint Britney Schnathorst, as my

attorney-in-fact and agent, for me and in my name, place and stead to prepare, review, execute, deliver

and file with any state and/or federal authority registration statements; any and all amendments to the

registration statements and any and all other instruments, documents, correspondence or forms which

they deem necessary or advisable to be filed by the Company under the Securities Act of 1933, as

amended (the "1933 Act") the Investment Company Act of 1940, as amended (the "1940 Act") and/or

applicable state law and regulation, in connection with:

**MEMBERS Horizon Variable Separate Account**

**1940 Act File No. 811-23092**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**  |
| MEMBERS Horizon Variable Annuity | 333-207276 |
| TruStage Horizon II Annuity | 333-226804 |

---

**MEMBERS Life Insurance Company**

**1933 Act File Numbers**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**<br>**(New N-4)**<br>|
| MEMBERS Zone Annuity | 333-276341 |
| MEMBERS Horizon Variable Annuity | 333-276342 |
| TruStage Horizon II Annuity | 333-264135 |
| TruStage ZoneChoice Annuity | 333-271753 |
| TruStage Zone Income Annuity | 333-276157 |
| TruStage ZoneChoice Advantage Annuity | 333-283638 |
| TruStage ZoneChoice Income Annuity | 333-288103 |

---

and have the full power and authority to do or cause to be done in my name, place and stead each and

every act and thing necessary or appropriate in order to effectuate the same, as fully to all intents and

purposes as I might or could do in person, hereby ratifying and confirming all that said attorney-in-fact

may do or cause to be done by virtue hereof. Said attorney-in-fact shall have power to act hereunder with

or without the others.

IN WITNESS WHEREOF, this 14 day of April, 2026.

/s/Paul D. Barbato

_________________________________

Paul D. Barbato

**MEMBERS Life Insurance Company**

**Power of Attorney**

**William A. Karls**

**Director**

KNOW ALL PERSONS BY THESE PRESENT, that I, William A. Karls, Director of MEMBERS Life

Insurance Company, an Iowa company (the "Company"), do hereby appoint Britney Schnathorst, as my

attorney-in-fact and agent, for me and in my name, place and stead to prepare, review, execute, deliver

and file with any state and/or federal authority registration statements; any and all amendments to the

registration statements and any and all other instruments, documents, correspondence or forms which

they deem necessary or advisable to be filed by the Company under the Securities Act of 1933, as

amended (the "1933 Act") the Investment Company Act of 1940, as amended (the "1940 Act") and/or

applicable state law and regulation, in connection with:

**MEMBERS Horizon Variable Separate Account**

**1940 Act File No. 811-23092**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**  |
| MEMBERS Horizon Variable Annuity | 333-207276 |
| TruStage Horizon II Annuity | 333-226804 |

---

**MEMBERS Life Insurance Company**

**1933 Act File Numbers**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**<br>**(New N-4)**<br>|
| MEMBERS Zone Annuity | 333-276341 |
| MEMBERS Horizon Variable Annuity | 333-276342 |
| TruStage Horizon II Annuity | 333-264135 |
| TruStage ZoneChoice Annuity | 333-271753 |
| TruStage Zone Income Annuity | 333-276157 |
| TruStage ZoneChoice Advantage Annuity | 333-283638 |
| TruStage ZoneChoice Income Annuity | 333-288103 |

---

and have the full power and authority to do or cause to be done in my name, place and stead each and

every act and thing necessary or appropriate in order to effectuate the same, as fully to all intents and

purposes as I might or could do in person, hereby ratifying and confirming all that said attorney-in-fact

may do or cause to be done by virtue hereof. Said attorney-in-fact shall have power to act hereunder with

or without the others.

IN WITNESS WHEREOF, this 14 day of April, 2026.

/s/William A. Karls

_________________________________

William A. Karls

**MEMBERS Life Insurance Company**

**Power of Attorney**

**Brian J. Borakove**

**Treasurer**

KNOW ALL PERSONS BY THESE PRESENT, that I, Brian J. Borakove, Director of MEMBERS Life

Insurance Company, an Iowa company (the "Company"), do hereby appoint Britney Schnathorst, as my

attorney-in-fact and agent, for me and in my name, place and stead to prepare, review, execute, deliver

and file with any state and/or federal authority registration statements; any and all amendments to the

registration statements and any and all other instruments, documents, correspondence or forms which

they deem necessary or advisable to be filed by the Company under the Securities Act of 1933, as

amended (the "1933 Act") the Investment Company Act of 1940, as amended (the "1940 Act") and/or

applicable state law and regulation, in connection with:

**MEMBERS Horizon Variable Separate Account**

**1940 Act File No. 811-23092**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**  |
| MEMBERS Horizon Variable Annuity | 333-207276 |
| TruStage Horizon II Annuity | 333-226804 |

---

**MEMBERS Life Insurance Company**

**1933 Act File Numbers**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**<br>**(New N-4)**<br>|
| MEMBERS Zone Annuity | 333-276341 |
| MEMBERS Horizon Variable Annuity | 333-276342 |
| TruStage Horizon II Annuity | 333-264135 |
| TruStage ZoneChoice Annuity | 333-271753 |
| TruStage Zone Income Annuity | 333-276157 |
| TruStage ZoneChoice Advantage Annuity | 333-283638 |
| TruStage ZoneChoice Income Annuity | 333-288103 |

---

and have the full power and authority to do or cause to be done in my name, place and stead each and

every act and thing necessary or appropriate in order to effectuate the same, as fully to all intents and

purposes as I might or could do in person, hereby ratifying and confirming all that said attorney-in-fact

may do or cause to be done by virtue hereof. Said attorney-in-fact shall have power to act hereunder with

or without the others.

IN WITNESS WHEREOF, this 14 day of April, 2026.

/s/Brian J. Borakove

_________________________________

Brian J. Borakove

**MEMBERS Life Insurance Company**

**Power of Attorney**

**Jennifer M. Kraus-Florin**

**Director**

KNOW ALL PERSONS BY THESE PRESENT, that I, Jennifer M. Kraus-Florin, Director of MEMBERS Life

Insurance Company, an Iowa company (the "Company"), do hereby appoint Britney Schnathorst, as my

attorney-in-fact and agent, for me and in my name, place and stead to prepare, review, execute, deliver

and file with any state and/or federal authority registration statements; any and all amendments to the

registration statements and any and all other instruments, documents, correspondence or forms which

they deem necessary or advisable to be filed by the Company under the Securities Act of 1933, as

amended (the "1933 Act") the Investment Company Act of 1940, as amended (the "1940 Act") and/or

applicable state law and regulation, in connection with:

**MEMBERS Horizon Variable Separate Account**

**1940 Act File No. 811-23092**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**  |
| MEMBERS Horizon Variable Annuity | 333-207276 |
| TruStage Horizon II Annuity | 333-226804 |

---

**MEMBERS Life Insurance Company**

**1933 Act File Numbers**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**<br>**(New N-4)**<br>|
| MEMBERS Zone Annuity | 333-276341 |
| MEMBERS Horizon Variable Annuity | 333-276342 |
| TruStage Horizon II Annuity | 333-264135 |
| TruStage ZoneChoice Annuity | 333-271753 |
| TruStage Zone Income Annuity | 333-276157 |
| TruStage ZoneChoice Advantage Annuity | 333-283638 |
| TruStage ZoneChoice Income Annuity | 333-288103 |

---

and have the full power and authority to do or cause to be done in my name, place and stead each and

every act and thing necessary or appropriate in order to effectuate the same, as fully to all intents and

purposes as I might or could do in person, hereby ratifying and confirming all that said attorney-in-fact

may do or cause to be done by virtue hereof. Said attorney-in-fact shall have power to act hereunder with

or without the others.

IN WITNESS WHEREOF, this 14 day of April, 2026.

/s/Jennifer M. Kraus-Florin

_________________________________

Jennifer M. Kraus-Florin

**MEMBERS Life Insurance Company**

**Power of Attorney**

**Abigail R. Rodriguez**

**Director**

KNOW ALL PERSONS BY THESE PRESENT, that I, Abigail R. Rodriguez, Director of MEMBERS Life

Insurance Company, an Iowa company (the "Company"), do hereby appoint Britney Schnathorst, as my

attorney-in-fact and agent, for me and in my name, place and stead to prepare, review, execute, deliver

and file with any state and/or federal authority registration statements; any and all amendments to the

registration statements and any and all other instruments, documents, correspondence or forms which

they deem necessary or advisable to be filed by the Company under the Securities Act of 1933, as

amended (the "1933 Act") the Investment Company Act of 1940, as amended (the "1940 Act") and/or

applicable state law and regulation, in connection with:

**MEMBERS Horizon Variable Separate Account**

**1940 Act File No. 811-23092**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**  |
| MEMBERS Horizon Variable Annuity | 333-207276 |
| TruStage Horizon II Annuity | 333-226804 |

---

**MEMBERS Life Insurance Company**

**1933 Act File Nos.**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**<br>**(New N-4)**<br>|
| MEMBERS Zone Annuity | 333-276341 |
| MEMBERS Horizon Variable Annuity | 333-276342 |
| TruStage Horizon II Annuity | 333-264135 |
| TruStage ZoneChoice Annuity | 333-271753 |
| TruStage Zone Income Annuity | 333-276157 |
| TruStage ZoneChoice Advantage Annuity | 333-283638 |
| TruStage ZoneChoice Income Annuity | 333-288103 |

---

and have the full power and authority to do or cause to be done in my name, place and stead each and

every act and thing necessary or appropriate in order to effectuate the same, as fully to all intents and

purposes as I might or could do in person, hereby ratifying and confirming all that said attorney-in-fact

may do or cause to be done by virtue hereof. Said attorney-in-fact shall have power to act hereunder with

or without the others.

IN WITNESS WHEREOF, this 14 day of April, 2026.

/s/Abilgail R. Rodriguez

_________________________________

Abigail R. Rodriguez

**MEMBERS Life Insurance Company**

**Power of Attorney**

**Tammy L. Schultz**

**President/Director**

KNOW ALL PERSONS BY THESE PRESENT, that I, Tammy L. Schultz, President and Director of

MEMBERS Life Insurance Company, an Iowa company (the "Company"), do hereby appoint Britney

Schnathorst, as my attorney-in-fact and agent, for me and in my name, place and stead to prepare,

review, execute, deliver and file with any state and/or federal authority registration statements; any and all

amendments to the registration statements and any and all other instruments, documents,

correspondence or forms which they deem necessary or advisable to be filed by the Company under the

Securities Act of 1933, as amended (the "1933 Act") the Investment Company Act of 1940, as amended

(the "1940 Act") and/or applicable state law and regulation, in connection with:

**MEMBERS Horizon Variable Separate Account**

**1940 Act File No. 811-23092**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**  |
| MEMBERS Horizon Variable Annuity | 333-207276 |
| TruStage Horizon II Annuity | 333-226804 |

---

**MEMBERS Life Insurance Company**

**1933 Act File Numbers**

---

| | |
|:---|:---|
| **Product Name** | **1933 Act File Number**<br>**(New N-4)**<br>|
| MEMBERS Zone Annuity | 333-276341 |
| MEMBERS Horizon Variable Annuity | 333-276342 |
| TruStage Horizon II Annuity | 333-264135 |
| TruStage ZoneChoice Annuity | 333-271753 |
| TruStage Zone Income Annuity | 333-276157 |
| TruStage ZoneChoice Advantage Annuity | 333-283638 |
| TruStage ZoneChoice Income Annuity | 333-288103 |

---

and have the full power and authority to do or cause to be done in my name, place and stead each and

every act and thing necessary or appropriate in order to effectuate the same, as fully to all intents and

purposes as I might or could do in person, hereby ratifying and confirming all that said attorney-in-fact

may do or cause to be done by virtue hereof. Said attorney-in-fact shall have power to act hereunder with

or without the others.

IN WITNESS WHEREOF, this 14 day of April, 2026.

/s/Tammy L. Schultz

_________________________________

Tammy L. Schultz

## Exhibit 99.27

?xml version='1.0' encoding='ASCII'? ck0001562577ex994r-20260414

Exhibit 27(r) MEMBERS Life Insurance Company

The below charts reflect the current limits on Index gains in effect for each Risk Control Account Option of

the **TruStage**<sup>®</sup> **Zone Income Annuity** during the twelve months ended December 31, 2025. This

information is provided in accordance with the instruction to Form N-4, Item 31A(b).

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Index** | **Strategy** | **Rate Type** | **Issue Date** | **Rate** |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-01-10 | 13.60% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-01-10 | 4.35% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-01-10 | 12.65% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-01-10 | 4.70% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-01-10 | 8.70% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-01-10 | 4.15% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-01-25 | 13.90% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-01-25 | 4.35% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-01-25 | 12.65% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-01-25 | 4.85% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-01-25 | 9.05% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-01-25 | 4.25% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-02-10 | 13.45% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-02-10 | 4.10% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-02-10 | 12.30% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-02-10 | 4.65% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-02-10 | 8.85% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-02-10 | 4.10% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-02-25 | 12.55% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-02-25 | 3.90% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-02-25 | 12.40% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-02-25 | 4.40% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-02-25 | 7.95% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-02-25 | 3.70% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-03-10 | 12.40% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-03-10 | 3.85% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-03-10 | 12.30% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-03-10 | 4.35% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-03-10 | 7.85% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-03-10 | 3.65% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-03-25 | 11.40% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-03-25 | 3.15% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-03-25 | 11.45% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-03-25 | 3.75% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-03-25 | 7.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-03-25 | 3.10% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-04-10 | 14.15% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-04-10 | 4.40% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-04-10 | 13.55% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-04-10 | 4.90% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-04-10 | 8.80% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-04-10 | 4.25% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-04-25 | 16.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-04-25 | 5.60% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-04-25 | 15.40% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-04-25 | 6.20% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-04-25 | 11.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-04-25 | 5.60% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-05-10 | 14.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-05-10 | 4.90% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-05-10 | 14.50% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-05-10 | 5.45% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-05-10 | 10.35% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-05-10 | 4.80% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-05-25 | 15.65% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-05-25 | 5.20% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-05-25 | 14.85% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-05-25 | 5.75% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-05-25 | 10.95% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-05-25 | 5.05% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-06-10 | 15.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-06-10 | 5.00% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-06-10 | 14.65% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-06-10 | 5.60% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-06-10 | 10.80% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-06-10 | 4.95% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-06-25 | 14.55% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-06-25 | 4.85% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-06-25 | 13.15% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-06-25 | 5.25% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-06-25 | 9.35% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-06-25 | 4.50% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-07-10 | 14.15% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-07-10 | 4.65% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-07-10 | 12.95% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-07-10 | 5.10% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-07-10 | 9.20% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-07-10 | 4.40% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-07-25 | 14.35% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-07-25 | 4.55% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-07-25 | 13.30% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-07-25 | 5.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-07-25 | 8.80% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-07-25 | 4.30% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-08-10 | 14.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-08-10 | 4.35% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-08-10 | 13.15% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-08-10 | 4.85% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-08-10 | 8.70% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-08-10 | 4.20% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-08-25 | 10.95% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-08-25 | 3.30% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-08-25 | 11.00% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-08-25 | 3.95% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-08-25 | 7.65% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-08-25 | 3.50% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-09-10 | 11.40% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-09-10 | 3.55% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-09-10 | 11.00% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-09-10 | 4.15% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-09-10 | 7.90% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-09-10 | 3.65% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-09-25 | 12.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-09-25 | 3.90% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-09-25 | 12.90% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-09-25 | 4.55% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-09-25 | 8.10% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-09-25 | 3.85% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-10-10 | 12.90% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-10-10 | 4.25% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-10-10 | 13.35% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-10-10 | 4.85% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-10-10 | 8.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-10-10 | 4.15% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-10-25 | 12.30% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-10-25 | 3.60% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-10-25 | 13.10% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-10-25 | 4.65% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-10-25 | 8.35% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-10-25 | 3.90% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-11-10 | 12.60% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-11-10 | 3.75% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-11-10 | 13.30% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-11-10 | 4.70% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-11-10 | 8.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-11-10 | 4.00% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-11-25 | 12.40% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-11-25 | 3.90% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-11-25 | 13.20% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-11-25 | 4.65% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-11-25 | 8.95% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-11-25 | 4.15% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-12-10 | 11.40% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-12-10 | 3.35% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-12-10 | 12.45% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-12-10 | 4.15% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-12-10 | 8.40% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-12-10 | 3.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2020-12-25 | 11.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2020-12-25 | 3.30% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2020-12-25 | 12.25% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2020-12-25 | 4.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2020-12-25 | 8.40% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2020-12-25 | 3.60% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-01-10 | 12.10% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-01-10 | 3.65% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-01-10 | 11.85% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-01-10 | 4.15% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-01-10 | 8.05% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-01-10 | 3.60% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-01-25 | 11.85% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-01-25 | 3.60% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-01-25 | 11.65% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-01-25 | 4.05% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-01-25 | 8.20% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-01-25 | 3.55% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-02-10 | 12.55% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-02-10 | 3.80% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-02-10 | 11.95% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-02-10 | 4.30% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-02-10 | 8.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-02-10 | 3.85% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-02-25 | 12.55% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-02-25 | 3.85% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-02-25 | 12.40% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-02-25 | 4.40% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-02-25 | 7.90% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-02-25 | 3.70% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-03-10 | 12.80% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-03-10 | 3.95% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-03-10 | 12.55% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-03-10 | 4.50% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-03-10 | 8.05% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-03-10 | 3.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-03-25 | 13.55% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-03-25 | 4.45% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-03-25 | 13.20% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-03-25 | 4.95% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-03-25 | 8.60% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-03-25 | 4.10% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-04-10 | 13.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-04-10 | 4.20% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-04-10 | 13.05% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-04-10 | 4.80% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-04-10 | 8.40% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-04-10 | 4.00% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-04-25 | 12.70% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-04-25 | 4.10% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-04-25 | 13.05% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-04-25 | 4.70% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-04-25 | 9.35% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-04-25 | 4.05% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-05-10 | 12.15% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-05-10 | 3.70% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-05-10 | 12.55% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-05-10 | 4.35% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-05-10 | 8.95% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-05-10 | 3.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-05-25 | 12.75% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-05-25 | 3.80% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-05-25 | 12.70% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-05-25 | 4.35% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-05-25 | 9.30% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-05-25 | 3.80% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-06-10 | 12.80% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-06-10 | 3.85% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-06-10 | 12.70% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-06-10 | 4.35% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-06-10 | 9.35% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-06-10 | 3.80% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-06-25 | 11.85% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-06-25 | 3.70% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-06-25 | 11.60% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-06-25 | 4.20% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-06-25 | 8.25% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-06-25 | 3.60% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-07-10 | 11.45% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-07-10 | 3.55% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-07-10 | 11.35% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-07-10 | 4.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-07-10 | 8.05% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-07-10 | 3.50% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-07-25 | 11.80% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-07-25 | 3.60% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-07-25 | 11.90% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-07-25 | 4.10% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-07-25 | 7.85% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-07-25 | 3.50% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-08-10 | 11.40% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-08-10 | 3.40% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-08-10 | 11.65% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-08-10 | 3.95% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-08-10 | 7.65% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-08-10 | 3.35% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-08-25 | 9.95% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-08-25 | 2.80% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-08-25 | 10.35% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-08-25 | 3.45% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-08-25 | 7.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-08-25 | 3.05% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-09-10 | 9.95% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-09-10 | 2.80% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-09-10 | 10.15% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-09-10 | 3.45% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-09-10 | 7.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-09-10 | 3.05% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-09-25 | 10.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-09-25 | 3.20% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-09-25 | 11.75% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-09-25 | 3.85% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-09-25 | 7.35% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-09-25 | 3.20% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-10-10 | 11.10% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-10-10 | 3.40% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-10-10 | 12.15% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-10-10 | 4.10% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-10-10 | 7.60% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-10-10 | 3.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-10-25 | 11.30% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-10-25 | 3.20% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-10-25 | 12.45% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-10-25 | 4.25% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-10-25 | 7.90% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-10-25 | 3.55% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-11-10 | 11.40% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-11-10 | 3.25% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-11-10 | 12.55% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-11-10 | 4.25% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-11-10 | 7.95% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-11-10 | 3.60% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-11-25 | 11.10% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-11-25 | 3.30% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-11-25 | 12.30% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-11-25 | 4.05% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-11-25 | 8.30% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-11-25 | 3.65% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-12-10 | 11.10% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-12-10 | 3.30% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-12-10 | 12.30% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-12-10 | 4.05% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-12-10 | 8.30% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-12-10 | 3.65% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2021-12-25 | 11.75% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2021-12-25 | 3.45% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2021-12-25 | 12.45% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2021-12-25 | 4.10% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2021-12-25 | 8.50% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2021-12-25 | 3.70% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-01-10 | 12.55% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-01-10 | 3.90% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-01-10 | 12.05% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-01-10 | 4.30% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-01-10 | 8.25% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-01-10 | 3.80% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-01-25 | 12.95% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-01-25 | 4.00% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-01-25 | 12.15% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-01-25 | 4.40% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-01-25 | 8.70% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-01-25 | 3.95% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-02-10 | 13.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-02-10 | 4.35% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-02-10 | 12.60% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-02-10 | 4.85% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-02-10 | 9.05% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-02-10 | 4.25% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-02-25 | 14.45% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-02-25 | 4.75% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-02-25 | 13.60% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-02-25 | 5.20% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-02-25 | 8.75% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-02-25 | 4.35% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-03-10 | 16.15% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-03-10 | 5.30% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-03-10 | 14.35% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-03-10 | 5.70% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-03-10 | 9.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-03-10 | 4.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-03-25 | 15.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-03-25 | 5.10% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-03-25 | 14.25% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-03-25 | 5.55% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-03-25 | 9.25% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-03-25 | 4.60% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-04-10 | 17.80% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-04-10 | 6.05% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-04-10 | 15.60% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-04-10 | 6.35% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-04-10 | 10.05% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-04-10 | 5.35% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-04-25 | 17.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-04-25 | 6.45% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-04-25 | 16.50% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-04-25 | 6.90% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-04-25 | 11.85% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-04-25 | 5.90% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-05-10 | 21.55% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-05-10 | 7.40% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-05-10 | 18.00% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-05-10 | 7.80% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-05-10 | 12.95% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-05-10 | 6.80% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-05-25 | 23.45% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-05-25 | 7.55% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-05-25 | 17.70% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-05-25 | 7.70% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-05-25 | 13.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-05-25 | 6.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-06-10 | 27.85% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-06-10 | 8.05% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-06-10 | 18.50% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-06-10 | 8.20% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-06-10 | 13.80% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-06-10 | 7.20% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-06-25 | 34.95% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-06-25 | 8.05% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-06-25 | 17.55% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-06-25 | 8.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-06-25 | 12.65% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-06-25 | 7.00% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-07-10 | 42.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-07-10 | 9.60% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-07-10 | 19.50% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-07-10 | 9.10% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-07-10 | 14.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-07-10 | 8.00% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-07-25 | 43.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-07-25 | 9.30% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-07-25 | 19.35% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-07-25 | 9.05% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-07-25 | 14.00% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-07-25 | 7.65% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-08-10 | 43.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-08-10 | 9.30% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-08-10 | 19.35% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-08-10 | 9.05% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-08-10 | 14.10% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-08-10 | 7.60% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-08-25 | 42.45% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-08-25 | 8.15% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-08-25 | 17.95% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-08-25 | 8.35% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-08-25 | 13.10% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-08-25 | 7.35% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-09-10 | 37.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-09-10 | 8.50% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-09-10 | 17.70% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-09-10 | 8.50% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-09-10 | 13.55% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-09-10 | 7.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-09-25 | 43.95% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-09-25 | 10.35% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-09-25 | 21.90% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-09-25 | 9.95% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-09-25 | 15.40% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-09-25 | 8.25% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-10-10 | 44.35% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-10-10 | 10.55% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-10-10 | 22.25% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-10-10 | 10.10% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-10-10 | 15.70% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-10-10 | 8.40% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-10-25 | 46.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-10-25 | 11.60% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-10-25 | 24.55% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-10-25 | 11.15% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-10-25 | 17.75% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-10-25 | 9.30% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-11-10 | 46.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-11-10 | 12.25% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-11-10 | 25.60% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-11-10 | 11.55% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-11-10 | 18.70% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-11-10 | 9.65% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-11-25 | 46.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-11-25 | 11.80% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-11-25 | 25.15% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-11-25 | 11.55% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-11-25 | 18.95% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-11-25 | 9.95% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-12-10 | 46.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-12-10 | 10.75% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-12-10 | 23.90% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-12-10 | 10.90% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-12-10 | 17.40% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-12-10 | 9.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2022-12-25 | 46.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2022-12-25 | 10.40% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2022-12-25 | 22.55% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2022-12-25 | 10.15% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2022-12-25 | 16.85% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2022-12-25 | 8.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-01-10 | 42.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-01-10 | 10.35% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-01-10 | 20.75% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-01-10 | 9.90% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-01-10 | 15.60% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-01-10 | 8.55% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-01-25 | 42.25% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-01-25 | 9.55% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-01-25 | 19.95% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-01-25 | 9.20% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-01-25 | 15.10% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-01-25 | 8.05% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-02-10 | 30.15% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-02-10 | 8.25% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-02-10 | 18.15% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-02-10 | 8.20% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-02-10 | 13.35% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-02-10 | 7.20% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-02-25 | 39.35% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-02-25 | 8.15% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-02-25 | 17.45% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-02-25 | 7.95% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-02-25 | 12.20% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-02-25 | 6.80% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-03-10 | 42.15% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-03-10 | 9.15% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-03-10 | 18.65% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-03-10 | 8.65% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-03-10 | 13.35% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-03-10 | 7.40% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-03-25 | 42.30% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-03-25 | 9.20% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-03-25 | 19.10% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-03-25 | 8.95% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-03-25 | 13.70% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-03-25 | 7.60% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-04-10 | 42.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-04-10 | 8.90% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-04-10 | 18.95% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-04-10 | 8.75% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-04-10 | 13.10% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-04-10 | 7.35% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-04-25 | 30.60% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-04-25 | 8.30% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-04-25 | 18.40% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-04-25 | 8.50% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-04-25 | 14.10% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-04-25 | 7.35% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-05-10 | 30.35% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-05-10 | 8.25% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-05-10 | 18.25% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-05-10 | 8.50% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-05-10 | 14.05% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-05-10 | 7.30% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-05-25 | 30.05% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-05-25 | 8.00% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-05-25 | 17.65% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-05-25 | 8.25% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-05-25 | 14.00% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-05-25 | 7.20% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-06-10 | 35.90% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-06-10 | 8.25% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-06-10 | 18.05% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-06-10 | 8.55% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-06-10 | 14.25% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-06-10 | 7.35% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-06-25 | 41.45% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-06-25 | 8.90% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-06-25 | 17.95% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-06-25 | 8.70% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-06-25 | 13.60% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-06-25 | 7.35% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-07-10 | 41.35% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-07-10 | 9.15% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-07-10 | 18.35% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-07-10 | 8.90% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-07-10 | 13.85% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-07-10 | 7.55% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-07-25 | 41.35% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-07-25 | 9.60% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-07-25 | 19.80% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-07-25 | 9.25% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-07-25 | 14.55% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-07-25 | 7.95% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-08-10 | 42.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-08-10 | 9.00% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-08-10 | 18.45% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-08-10 | 8.70% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-08-10 | 13.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-08-10 | 7.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-08-25 | 41.90% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-08-25 | 8.45% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-08-25 | 17.80% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-08-25 | 8.45% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-08-25 | 13.20% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-08-25 | 7.30% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-09-10 | 41.80% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-09-10 | 8.95% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-09-10 | 18.35% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-09-10 | 8.90% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-09-10 | 14.25% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-09-10 | 7.85% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-09-25 | 42.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-09-25 | 9.50% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-09-25 | 20.50% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-09-25 | 9.25% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-09-25 | 14.55% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-09-25 | 7.85% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-10-10 | 41.85% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-10-10 | 10.00% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-10-10 | 21.45% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-10-10 | 9.65% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-10-10 | 15.20% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-10-10 | 8.20% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-10-25 | 42.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-10-25 | 11.85% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-10-25 | 24.95% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-10-25 | 11.30% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-10-25 | 17.85% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-10-25 | 9.55% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-11-10 | 42.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-11-10 | 11.90% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-11-10 | 25.30% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-11-10 | 11.40% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-11-10 | 17.95% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-11-10 | 9.60% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-11-25 | 42.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-11-25 | 12.30% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-11-25 | 25.85% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-11-25 | 11.90% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-11-25 | 19.40% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-11-25 | 10.10% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-12-10 | 42.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-12-10 | 10.85% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-12-10 | 23.75% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-12-10 | 10.95% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-12-10 | 17.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-12-10 | 9.15% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2023-12-25 | 42.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2023-12-25 | 10.05% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2023-12-25 | 21.75% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2023-12-25 | 10.05% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2023-12-25 | 15.80% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2023-12-25 | 8.60% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-01-10 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-01-10 | 9.25% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2024-01-10 | 18.75% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2024-01-10 | 8.85% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-01-10 | 13.10% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-01-10 | 7.50% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-01-25 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-01-25 | 8.90% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2024-01-25 | 18.45% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2024-01-25 | 8.70% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-01-25 | 13.20% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-01-25 | 7.35% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-02-10 | 25.15% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-02-10 | 8.15% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2024-02-10 | 18.10% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2024-02-10 | 8.25% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-02-10 | 12.30% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-02-10 | 6.90% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-02-25 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-02-25 | 8.25% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2024-02-25 | 17.85% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2024-02-25 | 8.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-02-25 | 12.30% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-02-25 | 6.85% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-03-10 | 35.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-03-10 | 8.30% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2024-03-10 | 18.05% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2024-03-10 | 8.15% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-03-10 | 12.60% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-03-10 | 7.00% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-03-25 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-03-25 | 8.10% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2024-03-25 | 17.80% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2024-03-25 | 8.05% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-03-25 | 12.50% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-03-25 | 6.85% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-04-10 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-04-10 | 8.10% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2024-04-10 | 17.85% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2024-04-10 | 8.05% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-04-10 | 12.55% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-04-10 | 6.90% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-04-25 | 22.10% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-04-25 | 7.80% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2024-04-25 | 17.95% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2024-04-25 | 8.05% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-04-25 | 13.55% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-04-25 | 7.15% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-05-10 | 31.90% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-05-10 | 8.65% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2024-05-10 | 19.30% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2024-05-10 | 8.75% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-05-10 | 14.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-05-10 | 7.65% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-05-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-05-25 | 25.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-05-25 | 21.58% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-05-25 | 9.10% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-05-25 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-05-25 | 9.85% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-05-25 | 15.20% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-05-25 | 8.40% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-06-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-06-10 | 25.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-06-10 | 21.40% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-06-10 | 8.90% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-06-10 | 1.00% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-06-10 | 35.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-06-10 | 1.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-06-10 | 9.70% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2024-06-10 | 1.00% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2024-06-10 | 1.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-06-10 | 1.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-06-10 | 15.20% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-06-10 | 8.35% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-06-10 | 1.00% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-06-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-06-25 | 25.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-06-25 | 21.23% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-06-25 | 8.95% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-06-25 | 1.00% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-06-25 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-06-25 | 1.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-06-25 | 9.95% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2024-06-25 | 1.00% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2024-06-25 | 1.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-06-25 | 1.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-06-25 | 14.50% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-06-25 | 8.25% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-06-25 | 1.00% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-07-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-07-10 | 25.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-07-10 | 20.30% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-07-10 | 8.10% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-07-10 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-07-10 | 9.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-07-10 | 13.80% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-07-10 | 7.65% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-07-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-07-25 | 25.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-07-25 | 22.70% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-07-25 | 8.50% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-07-25 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-07-25 | 9.70% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-07-25 | 14.05% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-07-25 | 7.90% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-08-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-08-10 | 25.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-08-10 | 22.75% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-08-10 | 8.65% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-08-10 | 35.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-08-10 | 9.95% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-08-10 | 14.65% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-08-10 | 8.00% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-08-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-08-25 | 25.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-08-25 | 21.80% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-08-25 | 8.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-08-25 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-08-25 | 9.40% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-08-25 | 14.35% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-08-25 | 7.80% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-09-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-09-10 | 22.50% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-09-10 | 21.10% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-09-10 | 8.00% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-09-10 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-09-10 | 8.75% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-09-10 | 13.80% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-09-10 | 7.45% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-09-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-09-25 | 22.50% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-09-25 | 21.20% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-09-25 | 7.95% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-09-25 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-09-25 | 8.90% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-09-25 | 13.80% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-09-25 | 7.45% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-10-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-10-10 | 20.20% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-10-10 | 20.65% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-10-10 | 7.40% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-10-10 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-10-10 | 8.20% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-10-10 | 13.30% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-10-10 | 6.95% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-10-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-10-25 | 21.50% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-10-25 | 21.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-10-25 | 7.60% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-10-25 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-10-25 | 8.50% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-10-25 | 13.30% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-10-25 | 7.10% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-11-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-11-10 | 18.70% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-11-10 | 20.40% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-11-10 | 7.40% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-11-10 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-11-10 | 7.50% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-11-10 | 12.50% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-11-10 | 6.85% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-11-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-11-25 | 18.35% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-11-25 | 20.35% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-11-25 | 7.30% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-11-25 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-11-25 | 7.35% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-11-25 | 12.75% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-11-25 | 6.95% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-12-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-12-10 | 22.30% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-12-10 | 20.85% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-12-10 | 7.70% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-12-10 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-12-10 | 7.80% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-12-10 | 13.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-12-10 | 7.30% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2024-12-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2024-12-25 | 22.30% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2024-12-25 | 21.10% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2024-12-25 | 7.90% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2024-12-25 | 35.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2024-12-25 | 8.10% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2024-12-25 | 13.70% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2024-12-25 | 7.45% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-01-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-01-10 | 15.80% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-01-10 | 18.80% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-01-10 | 7.05% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-01-10 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-01-10 | 7.25% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-01-10 | 11.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-01-10 | 6.55% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-01-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-01-25 | 15.80% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-01-25 | 18.80% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-01-25 | 7.05% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-01-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-01-25 | 7.25% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-01-25 | 11.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-01-25 | 6.55% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-02-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-02-10 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-02-10 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-02-10 | 9.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-02-10 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-02-10 | 9.80% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-02-10 | 14.50% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-02-10 | 8.20% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-02-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-02-25 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-02-25 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-02-25 | 9.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-02-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-02-25 | 9.80% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-02-25 | 14.50% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-02-25 | 8.20% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-03-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-03-10 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-03-10 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-03-10 | 8.90% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-03-10 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-03-10 | 9.80% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-03-10 | 14.05% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-03-10 | 7.90% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-03-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-03-25 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-03-25 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-03-25 | 8.90% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-03-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-03-25 | 9.80% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-03-25 | 14.05% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-03-25 | 7.90% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-04-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-04-10 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-04-10 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-04-10 | 8.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-04-10 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-04-10 | 9.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-04-10 | 14.10% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-04-10 | 7.70% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-04-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-04-25 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-04-25 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-04-25 | 8.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-04-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-04-25 | 9.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-04-25 | 14.10% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-04-25 | 7.70% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-05-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-05-10 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-05-10 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-05-10 | 8.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-05-10 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-05-10 | 9.25% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-05-10 | 15.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-05-10 | 8.00% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-05-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-05-25 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-05-25 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-05-25 | 8.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-05-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-05-25 | 9.25% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-05-25 | 15.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-05-25 | 8.00% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-06-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-06-10 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-06-10 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-06-10 | 9.00% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-06-10 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-06-10 | 9.50% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-06-10 | 15.25% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-06-10 | 8.30% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-06-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-06-25 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-06-25 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-06-25 | 9.00% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-06-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-06-25 | 9.50% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-06-25 | 15.25% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-06-25 | 8.30% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-07-10 | 50.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-07-10 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-07-10 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-07-10 | 8.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-07-10 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-07-10 | 9.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-07-10 | 13.90% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-07-10 | 7.70% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-07-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-07-25 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-07-25 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-07-25 | 8.45% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-07-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-07-25 | 9.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-07-25 | 13.90% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-07-25 | 7.70% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-08-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-08-10 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-08-10 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-08-10 | 8.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-08-10 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-08-10 | 9.20% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-08-10 | 14.50% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-08-10 | 8.00% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-08-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-08-25 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-08-25 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-08-25 | 8.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-08-25 | 13.25% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-08-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-08-25 | 4.50% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-08-25 | 9.20% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2025-08-25 | 12.50% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2025-08-25 | 5.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-08-25 | 8.75% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-08-25 | 14.50% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-08-25 | 8.00% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-08-25 | 4.35% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-09-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-09-10 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-09-10 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-09-10 | 8.25% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-09-10 | 11.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-09-10 | 20.00% |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-09-10 | 3.75% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-09-10 | 8.55% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2025-09-10 | 11.30% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2025-09-10 | 4.30% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-09-10 | 8.05% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-09-10 | 13.65% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-09-10 | 7.55% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-09-10 | 3.80% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-09-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-09-25 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-09-25 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-09-25 | 8.25% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-09-25 | 12.55% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-09-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-09-25 | 4.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-09-25 | 8.55% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2025-09-25 | 12.90% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2025-09-25 | 4.60% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-09-25 | 8.10% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-09-25 | 13.65% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-09-25 | 7.55% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-09-25 | 3.85% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-10-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-10-10 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-10-10 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-10-10 | 7.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-10-10 | 14.20% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-10-10 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-10-10 | 4.85% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-10-10 | 8.10% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2025-10-10 | 14.10% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2025-10-10 | 5.35% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-10-10 | 8.90% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-10-10 | 12.90% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-10-10 | 7.10% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-10-10 | 4.50% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-10-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-10-25 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-10-25 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-10-25 | 7.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-10-25 | 12.80% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-10-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-10-25 | 3.95% |

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| | | | | |
|:---|:---|:---|:---|:---|
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-10-25 | 8.10% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2025-10-25 | 13.45% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2025-10-25 | 4.85% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-10-25 | 8.55% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-10-25 | 12.90% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-10-25 | 7.10% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-10-25 | 4.10% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-11-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-11-10 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-11-10 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-11-10 | 7.65% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-11-10 | 13.40% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-11-10 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-11-10 | 4.15% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-11-10 | 7.80% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2025-11-10 | 13.75% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2025-11-10 | 5.00% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-11-10 | 8.75% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-11-10 | 13.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-11-10 | 7.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-11-10 | 4.25% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-11-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-11-25 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-11-25 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-11-25 | 7.65% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-11-25 | 12.15% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-11-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-11-25 | 3.80% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-11-25 | 7.80% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2025-11-25 | 13.05% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2025-11-25 | 4.55% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-11-25 | 8.85% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-11-25 | 13.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-11-25 | 7.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-11-25 | 4.10% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-12-10 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-12-10 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-12-10 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-12-10 | 7.65% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-12-10 | 12.75% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-12-10 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-12-10 | 4.05% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-12-10 | 7.80% |

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| | | | | |
|:---|:---|:---|:---|:---|
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2025-12-10 | 13.45% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2025-12-10 | 4.80% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-12-10 | 9.10% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-12-10 | 13.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-12-10 | 7.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-12-10 | 4.30% |
| Barclays | 1-Year Growth -10% Floor | Cap | 2025-12-25 | 50.00% |
| Barclays | 1-Year Secure 0% Floor | Cap | 2025-12-25 | 20.00% |
| Dimensional | 1-Year Growth -10% Floor | Cap | 2025-12-25 | 20.00% |
| Dimensional | 1-Year Secure 0% Floor | Cap | 2025-12-25 | 7.65% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-12-25 | 13.10% |
| MSCI EAFE | 1-Year Growth -10% Floor | Cap | 2025-12-25 | 20.00% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-12-25 | 4.10% |
| MSCI EAFE | 1-Year Secure 0% Floor | Cap | 2025-12-25 | 7.80% |
| Russell 2000 | 1-Year Growth -10% Floor | Cap | 2025-12-25 | 13.30% |
| Russell 2000 | 1-Year Secure 0% Floor | Cap | 2025-12-25 | 4.70% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-12-25 | 9.10% |
| S&P 500 | 1-Year Growth -10% Floor | Cap | 2025-12-25 | 13.45% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-12-25 | 7.15% |
| S&P 500 | 1-Year Secure 0% Floor | Cap | 2025-12-25 | 4.20% |

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