# EDGAR Filing Document

**Accession Number:** 0001379482
**File Stem:** 0001193125-26-194268
**Filing Date:** 2026-4
**Character Count:** 60338
**Document Hash:** 731faa668dac8d7c004ec37e70d7686a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-194268.hdr.sgml**: 20260430

**ACCESSION NUMBER**: 0001193125-26-194268

**CONFORMED SUBMISSION TYPE**: 497VPI

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260430

**DATE AS OF CHANGE**: 20260430

**EFFECTIVENESS DATE**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Horace Mann Life Insurance CO Qualified Group Annuity Separate Account
- **CENTRAL INDEX KEY:** 0001379482

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497VPI
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-138322
- **FILM NUMBER:** 26920379

**BUSINESS ADDRESS:**
- **STREET 1:** #1 HORACE MANN PLAZA
- **CITY:** SPRINGFIELD
- **STATE:** IL
- **ZIP:** 62715
- **BUSINESS PHONE:** 217-789-2500

**MAIL ADDRESS:**
- **STREET 1:** #1 HORACE MANN PLAZA
- **CITY:** SPRINGFIELD
- **STATE:** IL
- **ZIP:** 62715

## Series and Classes Contracts Data

### Horace Mann Life Insurance CO Qualified Group Annuity Separate Account (Series ID: S000015168)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000116281 | Retirement Protector |  |

Summary Prospectus for New Investors

for Retirement Protector

Issued by

Horace Mann Life Insurance Company

May 1, 2026

This Summary Prospectus summarizes key features of the Contract ("Retirement Protector") and Certificates issued thereunder ("Certificates"). Before you invest, You should also review the prospectus for the Retirement Protector, which contains more information about the Contract and Certificates thereunder, including its features, benefits, and risks. You can find the prospectus and other information about the Contract online at dfinview.com/HoraceMann/TAHD/RP. You can also obtain this information at no cost by calling 1-800-999-1030 or by sending an email request to contactcenterannuity@horacemann.com.

In some situations We provide or offer a premium bonus rider. This bonus feature provides for a percentage of premium to be credited to all premiums We receive at We Home Office during a specified period of time. This rider will only be included or offered if negotiated by the employer and HMLIC as part of the Contract and the premium bonus will never be more than 5% nor paid longer than 5 years. HMLIC may collect a separate charge for this rider. Even if there is no separate charge for this rider, including this bonus feature may result in a longer surrender charge period, a higher mortality and expense risk fee, a lower credited rate on the Fixed Account and/or higher surrender charges and may only be beneficial to You if You own a Certificate for a sufficient length of time. Under some circumstances, You may be worse off if Your Certificate includes this bonus feature. Where including a premium bonus results in higher surrender charges and/or a longer surrender charge period, the amount of the premium bonus may be more than offset by the surrender charges associated with the bonus if You fail to own a Certificate for a sufficient length of time. Under this scenario, the excess will be a profit to Us.

**You** may cancel Your Certificate within 30 days of receiving it without paying fees or penalties. In some states, this cancellation period may be longer. Upon cancellation, You will receive the greater of: (1) the premium payments made for the Certificate, less any withdrawals and any outstanding loan balance; or (2) the Participant Account Value minus any applicable premium bonus as of the date the returned Certificate was received. We will pay the refund within 7 calendar days after We receive the Certificate. Upon return of the Certificate, it will be deemed void. You should review the prospectus, or consult with Your investment professional, for additional information about the specific cancellation terms that apply.

Additional information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission's staff and is available at Investor.gov.

**The Securities and Exchange Commission has not approved or disapproved this contract or passed upon the adequacy of this summary prospectus. Any representation to the contrary is a criminal offense.**

To receive prospectuses and other annuity-related documents electronically, sign-up for eDelivery. Visit <u>https://customer.horacemann.com/MyAccount/Login/Login</u> to register or log in to Your account. Your eDelivery preferences can be found on the **eCommunications tab** in **My Profile**.

This prospectus and the underlying fund prospectuses are also available online at <u>dfinview.com/HoraceMann/TAHD/RP</u>.

We appreciate Your cooperation as we work to reduce the volume of paper we distribute. While we're committed to providing you with the information you need in the format you prefer, we are always looking for ways to reduce paper use.

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**Contents** 

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| | |
|:---|:---|
| Contents | 2 |
| [Definitions](#xx_3e0cf20d-fa08-47f8-8602-705bcf6c08f6_1) | 3  |
| [Important Information You Should Consider About the Certificate](#xx_4dd041b0-b416-497d-a069-63aa335dfe75_1) | 5  |
| [Overview of the Certificate](#xx_4dd041b0-b416-497d-a069-63aa335dfe75_3) | 7  |
| [Benefits Available Under the Contract](#xx_4dd041b0-b416-497d-a069-63aa335dfe75_5) | 9  |
| [Buying the Contract](#xx_4dd041b0-b416-497d-a069-63aa335dfe75_7) | 11  |
| [Making Withdrawals](#xx_4dd041b0-b416-497d-a069-63aa335dfe75_9)[: Accessing the Money in Your Contract](#xx_4dd041b0-b416-497d-a069-63aa335dfe75_9) | 13  |
| [Additional Information About Fees](#xx_4dd041b0-b416-497d-a069-63aa335dfe75_9) | 13  |
| [Appendix A: Investment Options Available Under the Contract](#xx_deedd872-8bc0-4122-b264-920a17d9920d_1) | 15 |

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**Definitions**

**Account Value:** The sum of the Fixed Account Value and the Variable Account Value.

**Accumulation Unit:** A unit of measurement used to determine the value of a Participant's interest in a Subaccount before Annuity Payments begin.

**Accumulation Unit Value:** The value of an Accumulation Unit on any Valuation Date.

**Annuitized Value:** The amount applied to purchase Annuity Payments. It is equal to the Participant Account Value on the Annuity Date, adjusted for any applicable Market Value Adjustment and less any applicable premium tax.

**Annuity Date:** The date Annuity Payments begin. The criteria for setting an Annuity Date are set forth in Your Certificate, and the anticipated Annuity Date is shown on the Annuity Data pages of Your Certificate.

In addition, Qualified Contracts often have certain limitations upon election of an Annuity Date. Generally, distributions under Qualified Contracts must begin by April 1 following the calendar year in which the Participant reaches age 73.

**Annuity Payments:** A series of payments beginning on the Annuity Date.

**Annuity Period:** The period during which Annuity Payments are made.

**Certificate:** The document issued to each Participant under a Contract describing the terms of the Contract and the rights and benefits of the Participant.

**Certificate Account Value:** A Certificate Account's Fixed Account Value plus the Certificate Account's Variable Account Value.

**Certificate Anniversary:** The same day and month as a Certificate Date for each succeeding year of a Certificate.

**Certificate Year:** A period of twelve months beginning on the Certificate Date or any Certificate Anniversary.

**Contract:** The group flexible premium deferred variable annuity contract this prospectus offers. This document describes the terms of the annuity contract, the rights of the Contract Owner and the rights and benefits of the Participants.

**Contract Owner:** The entity identified as the Contract Owner on the Annuity Data pages of a Certificate.

**Fixed Account:** An account established to receive the Net Premium, any applicable premium bonus, and the transfers allocated to the General Fixed Account and any Guarantee Period Account(s). Fixed Account money is invested along with other insurance funds in Our general account.

**General Fixed Account:** A Participant's portion of an interest-bearing account set up to receive the Net Premium and the transfers allocated to such account under the Participant Account. The General Fixed Account is distinguished from the Guarantee Period Account option(s) of the Fixed Account.

**Guarantee Period Account(s):** Fixed Account option(s) that may be offered under a Certificate that provide a guaranteed interest rate for a specified period of time ("Guarantee Period") and to which a Market Value Adjustment may apply.

**HMLIC, We, Us, Our:** Horace Mann Life Insurance Company.

**Investment Options:** The Fixed Account option(s) and the Underlying Funds in which the Subaccounts invest.

**Market Value Adjustment:** For any Guarantee Period Account, an increase or decrease in the surrender value or withdrawal value, a transfer amount, or in the amount applied to an annuity option. A Market Value Adjustment reflects changes in the level of prevailing current interest rates since the beginning of each Guarantee Period.

**Net Premium:** The premium payments paid to HMLIC under the Contract Account and Certificate Account of a Certificate, less any applicable premium tax.

**Participant (You, Your):** A person to whom a Certificate showing participation under a Contract has been issued.

**Participant Account:** An account established for each Participant to receive premium payments made by or on behalf of the Participant.

**Participant Account Value:** The Contract Account Value plus the Certificate Account Value, before Annuity Payments begin.

**Plan:** The employer-sponsored retirement plan under which a Certificate is issued, evidenced by a written Plan Document.

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**Qualified Contract:** The term "Qualified Contract" in this prospectus will be used to describe the following Contracts and the Certificates thereunder: IRC Section 403(b) tax sheltered annuity ("403(b) Contract"); IRC Section 457(b) eligible governmental deferred compensation plan annuity ("457(b) Contract"); and IRC Section 401(a) qualified annuity ("401(a) Contract").

**Qualified Retirement Plan:** Employer retirement plans established under Internal Revenue Code (IRC) Sections 401(a) or 403(b) or 457(b).

**Required Minimum Distribution:** The amount required to be withdrawn from Your Certificate after You reach age 73 or upon Your death. See "Tax Consequences – Required Minimum Distributions".

**Separate Account:** The Horace Mann Life Insurance Company Qualified Group Annuity Separate Account, a segregated variable investment account consisting of Subaccounts each of which invests in a corresponding Underlying Fund. The Separate Account was established by HMLIC under Illinois law and is registered as a Unit Investment Trust under the Investment Company Act of 1940, as amended (the "Act").

**Subaccount:** A division of the Separate Account that invests in shares of a corresponding Underlying Fund.

**Underlying Funds, Portfolio Companies:** All open-end management investment companies registered under the Act that are listed in this document and are available for investment by the Separate Account. The terms Underlying Funds and Portfolio Companies are used interchangeably in this prospectus.

**Unit Investment Trust (or "UIT"):** A type of investment company, regulated and separately registered and regulated by the SEC under the Investment Company Act of 1940. The Separate Account is registered as a UIT. The UIT referenced in this prospectus is open-ended, meaning there can be continuous purchases of shares of the Underlying Funds. Variable Annuity Payments are deposited in the UIT and allocated to the Subaccounts each of which invests in a specified Underlying Fund, which is separately registered under the Investment Company Act of 1940.

**Valuation Date:** Any day on which the NYSE is open for trading and on which the net asset value of each share of the Underlying Funds is determined. The Valuation Date ends at 3:00 p.m. Central Time or the close of the NYSE if earlier. We deem receipt of any Net Premium or transaction request to occur on a particular Valuation Date if We receive the Net Premium or request (in either case, with all required information and documentation) at Our Home Office before 3:00 p.m. Central Time or the close of the NYSE, if earlier on that day. If received at or after 3:00 p.m. Central Time or the close of the NYSE, if earlier, We deem receipt to occur on the following Valuation Date.

**Variable Account:** A Participant's portion of the Separate Account set up to receive Net Premium, any applicable premium bonus and transfers allocated to the Separate Account under the Participant Account.

**Variable Account Value:** The dollar value of the Variable Account under a Certificate before Annuity Payments begin. This dollar value will vary based on the investment performance of the corresponding Underlying Fund(s).

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**Important Information You Should Consider About the Certificate**

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&nbsp;&nbsp;&nbsp;&nbsp;**Fees, Expenses, and Adjustments** **Location in** **Statutory** **Prospectus** 

&nbsp;&nbsp;&nbsp;&nbsp;**Risks** 

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| | | |
|:---|:---|:---|
| **Is There a Risk of Loss** <br> **from Poor** <br> **Performance?**<br>| &nbsp;&nbsp; **Yes.** You can lose money by investing in this Certificate, including loss of <br> principal. | &nbsp;&nbsp; **Location in** <br> **Statutory** <br> **Prospectus<u>Principal</u>** <br> **<u>Risks of Investing</u>** <br> **<u>in the Contract –</u>** <br> **<u>Risk of Loss</u>** <br>|
| **Is this a Short-Term** <br> **Investment?**<br>| &nbsp;&nbsp; **No.** This Certificate is not designed for short-term investing and is not <br> appropriate for an investor who needs ready access to cash.<br> Surrender charges may apply for up to 10 years. Surrender charges will reduce <br> the value of Your Certificate if You withdraw money during the surrender <br> charge period.The benefits of tax deferral also mean the Certificate is more <br> beneficial to investors with a long-time horizon. | &nbsp;&nbsp; Principal Risks of <br> Investing in the <br> Contract – Not a <br> Short-term <br> Investment <br>|
| **What Are the Risks** <br> **Associated with the** <br> **Investment Options?**<br>| &nbsp;&nbsp; An investment in this Certificate is subject to the risk of poor investment <br> performance and can vary depending on the performance of the Investment <br> Options available under the Certificate (e.g., Portfolio Companies).<br> Each Investment Option (including any Fixed Account Investment Option) <br> will have its own unique risks.<br> You should review these Investment Options before making an investment <br> decision. | &nbsp;&nbsp; Principal Risks of <br> Investing in the <br> Contract – Risks <br> Associated with <br> Investment Options <br>|
| **What Are the Risks** <br> **Related to the** <br> **Insurance Company?**<br>| &nbsp;&nbsp; An investment in the Certificate is subject to the risks related to Horace Mann <br> Life Insurance Company (HMLIC). Any obligations (including under any <br> Fixed Account Investment Options), guarantees, or benefits are subject to the <br> claims-paying ability of HMLIC. More information about HMLIC, including <br> its financial strength ratings, is available upon request from HMLIC, and may <br> be obtained by calling 1-800-999-1030 or visiting http://<br> www.horacemann.com/why-us/a-history-of-financial-strength. | &nbsp;&nbsp; Principal Risks of <br> Investing in the <br> Contract - Insurance <br> Company Risks<br>|
|  | **Restrictions** |  |
| **Are There Restrictions** <br> **on the Investments** <br> **Options?**<br>| &nbsp;&nbsp; **Yes.** HMLIC reserves the right to remove or substitute Underlying Funds as <br> Investment Options that are available under the Certificate.<br> At any time before Your Certificate's Annuity Date, You may transfer amounts <br> from one Subaccount to another, and to and from the Fixed Account of the <br> Certificate, subject to certain restrictions. Transfers from a Guarantee Period <br> Account to the General Fixed Account or to the Variable Account, or between <br> Guarantee Period Accounts, may be subject to a Market Value Adjustment.<br> We reserve the right to restrict or terminate the transfer privilege for any <br> specific Participant if, in Our judgment, the Participant is using the Certificate <br> for the purposes of market timing or for any other purpose that We, in Our <br> sole discretion determine to be potentially detrimental to other shareholders of <br> an Underlying Fund. <br> If HMLIC determines that You are engaging in a pattern of transfers that <br> reflects a market timing strategy or is potentially harmful to other Participants, <br> it will notify You in writing of any restrictions. | &nbsp;&nbsp; Horace Mann Life <br> Insurance <br> Company - The <br> Fixed Account - <br> The Separate <br> Account and the <br> Portfolio <br> Companies - The <br> Portfolio <br> Companies - <br> Selection of <br> Portfolio <br> Companies <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> [The Contract - <br> Transactions - <br> Transfers <br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> The Contract - <br> Transactions - <br> Market Timing <br>|

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| | | |
|:---|:---|:---|
|  | **Restrictions** | &nbsp;&nbsp; **Location in** <br> **Statutory** <br> **Prospectus**<br>|
| **Are There any** <br> **Restrictions on** <br> **Contract Benefits?**<br>| &nbsp;&nbsp; **Yes.** Optional benefits may not be available in all states or in all Plans. <br> The Premium Bonus Rider is only available at issue of the Contract and will <br> only be included or offered if negotiated by the employer and HMLIC as part <br> of the Contract. <br> You should refer to the Contract and enrollment form for the optional riders <br> available to You. <br> Guaranteed Minimum Death Benefit Riders will not be issued on or after the <br> Participant's70<sup>th</sup> birthday. <br> The Guaranteed Minimum Death Benefit Riders cannot be terminated by the <br> Participant or the Contract Owner after the Certificate Date. <br> Under certain Guaranteed Minimum Death Benefit Riders, We reserve the <br> right to restrict allocations or transfers to the Fixed Account or any of the <br> Subaccounts. <br> The Guaranteed Minimum Death Benefit Riders may only be terminated by <br> Us as described in the Guaranteed Minimum Death Benefit Rider(s) attached <br> to Your Certificate. | &nbsp;&nbsp; The Contract – <br> Deductions and <br> Expenses Charges <br> for Optional Riders <br> – Premium Bonus <br> Ride <br> The Contract – <br> Death Benefit – <br> Guaranteed <br> Minimum Death <br> Benefit Riders <br>|
|  | **Taxes** |  |
| **What Are the** <br> **Certificates Tax** <br> **Implications?**<br>| &nbsp;&nbsp; An investor should consult with a tax professional to determine the tax <br> implications of an investment in and purchase payments received under the <br> Certificate. There is no additional tax benefit to the investor when the <br> Certificate is purchased through a tax-qualified plan. Withdrawals will be <br> subject to ordinary income tax and may be subject to tax penalties. | &nbsp;&nbsp; Tax Consequences - <br> Taxation of <br> Qualified Contracts <br>|
|  | **Conflicts of Interest** |  |
| **How are Investment** <br> **Professionals** <br> **Compensated?**<br>| &nbsp;&nbsp; Some investment professionals may receive compensation for selling a contract <br> to investors. This compensation is typically paid in the form of commissions, <br> but the sale of the Certificate may also count toward the investment <br> professional's qualification for receipt of cash and non-cash compensation <br> related to sales incentives or contests. These investment professionals may have <br> a financial incentive to offer or recommend the Certificate over another <br> investment. | &nbsp;&nbsp; Other Information <br> - Distribution of <br> the Contract <br>|
| **Should I Exchange My** <br> **Contract?** <br>| &nbsp;&nbsp; Some investment professionals may have a financial incentive to offer an <br> investor a new contract in place of the one he or she already owns. That <br> investor should only exchange his or her existing contract if he or she <br> determines, after comparing the features, fees, and risks of both contracts, that <br> it is preferable for him or her to purchase the new contract rather than <br> continue to own the existing contract. | &nbsp;&nbsp; The Contract - <br> Transactions - <br> Conversions/ <br> Exchanges<br>|

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**Overview of the Certificate**

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**What is the purpose of this Contract, and what is it designed to do?**

The purpose of the Contract/Certificate is to help individuals who are seeking long-term, tax-deferred accumulation of funds. Purchasing the Contract/Certificate as an investment vehicle for a Qualified Retirement Plan does not provide any additional tax advantage beyond that already available through the Qualified Retirement Plan. Therefore, the individual should have reasons other than tax deferral to purchase this product.

The Certificate can be used to supplement Your retirement income by providing accumulated funds that can be used for retirement or by providing a stream of income payments during the payout phase. It also offers death benefits to protect Your designated beneficiaries. This Certificate may be appropriate if You have a long investment time horizon. It is not intended for people who may need to make early or frequent withdrawals or intend to engage in frequent trading in the Investment Options.

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To determine the Certificate You own, look in the bottom left-hand corner of Your Certificate for the form number. This prospectus applies to all HMLIC Contracts with a form number of IC-456 immediately followed by any combination of 3 letters and/or numbers.

**How Do I Accumulate Assets in this Contract and Receive Income from the Contract?**

Your Certificate has two phases: 1) an accumulation (savings) phase; and 2) a payout (income) phase.

1) Accumulation (Savings) Phase

The accumulation phase is the period of time (often several years or even decades) during which You are making premium payments into Your Certificate. To help You accumulate assets, You can invest Your premium payments in:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● Portfolio Companies (mutual funds), a broad range of varying asset categories (such as lifecycle/target date, large company value, small company growth, and bond funds, among others). Each has its own investment strategies, investment advisers, expense ratios, and returns; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● a General Fixed Account option, which offers a guaranteed interest rate. The guaranteed interest rate is established at issue, but will never be less than 1%. The General Fixed Account is part of HMLIC's general account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;● any Guarantee Period Account available under Your Certificate. The Guarantee Period Account(s) provide a guaranteed interest rate for a specified period of time ("Guarantee Period").

**A list of Portfolio Companies in which You can invest is provided in Appendix A: Investment Options Companies Available Under the Contract, located in the back of the prospectus along with the type of fund, the adviser/subadviser, current expenses and performance information for each Portfolio Company.** 

2) Payout (Income) Phase

You can elect to annuitize Your Certificate and turn Your Participant Account Value into a stream of income payments (sometimes called Annuity Payments), at which time the accumulation phase of the Certificate ends. These payments may continue for a fixed period of years, for Your entire life, or for the longer of a fixed period or Your life. The payments may also be fixed or variable. Variable payments will vary based on the performance of the Investment Options You select.

Please note that if You annuitize, Your investments will be converted to income payments and You may no longer be able to choose to withdraw money at will from Your Certificate. All death benefits terminate upon annuitization.

**What are the Primary Features and Options that this Certificate Offers?**

*Accessing Your money.* Until You annuitize, subject to any restrictions imposed by the IRC or under the Qualified Retirement Plan, You can choose to withdraw Your Participant Account Value at any time. Although, if You withdraw early, You may have to pay a surrender charge and/or income taxes, including a penalty tax if You are younger than age 59 ½.

*Loans. Loans may be available in certain Qualified Contracts if allowed by the Qualified Retirement Plan. The terms of such loans are subject to the provisions of the plan and the IRC.*

*Tax treatment.* You can transfer money between Investment Options without tax implications, and earnings (if any) on Your investments are generally tax-deferred. You are taxed only when: (1) You make a withdrawal; (2) You receive an income payment from the Contract; or (3) upon payment of a death benefit.

*Systematic Withdrawals*. Before commencement of an Annuity Period, You may select systematic withdrawals. You may choose monthly, quarterly, semi-annual or annual withdrawals, with the exception of Required Minimum Distributions which are paid annually. As with any withdrawal, systematic withdrawals will reduce the Participant Account Value of Your Certificate.

*Death benefits.* Your Certificate includes a basic death benefit that will pay Your designated beneficiaries the greater of: (1) the Participant Account Value; or (2) the death benefit provided in any rider attached to the Certificate.

*Guaranteed death benefit riders.* The Contract Owner may select for all Participants in its Plan, or a Participant may elect, any of the optional death benefits. An additional cost is associated with each of these benefits. All of these optional benefits may not be available in all states or in all Plans and will not be issued on or after the Participant's 70<sup>th</sup> birthday.

*Premium bonus rider.* In some situations, We provide or offer a premium bonus rider. This bonus feature provides for a percentage of premium to be credited to all premiums We received at Our Home Office during a specified period of time. Premium bonus amounts are treated as interest, resulting in an increase to the Participant Account Value, the amount available to purchase Annuity Payments under the Certificate, and the death benefit. Withdrawals from Your Certificate will reduce the Participant Account Value,

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the amount available to purchase Annuity Payments under the Certificate, and the death benefit. This rider will only be included or offered if negotiated by the employer and HMLIC as part of the Contract and the premium bonus will never be more than 5% nor paid longer than 5 years. HMLIC may collect a separate charge for this rider. Even if there is no separate charge for this rider, including this bonus feature may result in a longer surrender charge period, a higher mortality and expense risk fee, a lower credited rate on the Fixed Account and/or higher surrender charges and may only be beneficial to You if You own a Certificate for a sufficient length of time. Where including a premium bonus results in higher surrender charges and/or a longer surrender charge period, the amount of the premium bonus may be more than offset by the surrender charges associated with the bonus if You fail to own a Certificate for a sufficient length of time.

If You are a new investor in the Certificate and exercise Your right to cancel Your Certificate within 30 days of receiving it without paying fees or penalties, You will receive the greater of: (1) the premium payments made for the Certificate, less any withdrawals and any outstanding loan balance; or (2) the Participant Account Value **minus any applicable premium bonus** as of the date the returned Certificate was received.

*Portfolio rebalancing and dollar cost averaging.* At no additional charge, You may select portfolio rebalancing, which automatically rebalances the Investment Options You select to maintain Your chosen mix of Investment Options. Alternately, at no additional charge, You may select dollar cost averaging, which automatically transfers a specific amount of money from the Fixed Account to the Investment Options You have selected, at set intervals over a specific period of time.

**Benefits Available Under the Contract**

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The following table summarizes information about the benefits available under the Contract.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name of benefit** | **Purpose** | **Is Benefit Standard** <br> **or Optional**<br>| **Maximum Fee** | **Brief Description of** <br> **Restrictions/**<br> **Limitations**<br>|
| Death Benefit | If You die before the <br> Annuity Date and <br> while the Certificate is <br> in force, pays Your <br> designated <br> beneficiaries the <br> greater of: (1) the <br> Participant Account <br> Value; or (2) the death <br> benefit provided in any <br> rider attached to the <br> Certificate.<br>| Standard |  |  |
| Guaranteed Minimum <br> Death <br> Benefit — Return of <br> Premium<br>| If You die before the <br> Annuity Date and <br> while the Certificate is <br> in force, pays Your <br> designated <br> beneficiaries the <br> greatest of: (1) the <br> Participant Account <br> Value; or (2) the death <br> benefit provided in any <br> other rider attached to <br> the Certificate; or (3) <br> the Return of Premium <br> Death Benefit – the <br> initial Net Premium <br> received (adjusted for <br> any additional Net <br> Premium, withdrawals <br> and outstanding loan <br> balance).<br>| Optional | 0.05% (on an annual <br> basis) of Your average <br> Participant Account <br> Value.<br>| May not be available in <br> all states or in all Plans <br> and will not be issued <br> on or after the <br> Participant's 70<sup>th</sup> <br> birthday. <br> This rider cannot be <br> terminated by the <br> Participant or the <br> Contract Owner after <br> the Certificate Date. <br> You should refer to the <br> Contract and <br> enrollment form for <br> the optional riders <br> available to You.<br>|

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name of benefit** | **Purpose** | **Is Benefit Standard** <br> **or Optional**<br>| **Maximum Fee** | **Brief Description of** <br> **Restrictions/**<br> **Limitations**<br>|
| Guaranteed Minimum <br> Death <br> Benefit — Step-up <br> with Return of <br> Premium<br>| If You die before the <br> Annuity Date and <br> while the Certificate is <br> in force, pays Your <br> designated <br> beneficiaries the <br> greatest of: (1) the <br> Participant Account <br> Value; or (2) the death <br> benefit provided in any <br> other rider attached to <br> the Certificate; or (3) <br> the Return of Premium <br> Death Benefit <br> described above; or (4) <br> the Step-Up Death <br> Benefit – the greatest <br> Step-Up Anniversary <br> Value (adjusted for any <br> additional Net <br> Premium, withdrawals <br> and outstanding loan <br> balance).<br>| Optional | 0.20% (on an annual <br> basis) of Your average <br> Participant Account <br> Value. <br> If both the Guaranteed <br> Minimum Death <br> Benefit <br> Rider — Step-up with <br> Return of Premium <br> and the Guaranteed <br> Minimum Death <br> Benefit <br> Rider — Return of <br> Premium with Interest <br> are selected, the total <br> annual charge for both <br> riders will not exceed <br> 0.40% (on an annual <br> basis) of Your average <br> Participant Account <br> Value.<br>| May not be available in <br> all states or in all Plans <br> and will not be issued <br> on or after the <br> Participant's 70<sup>th</sup> <br> birthday. <br> This rider cannot be <br> terminated by the <br> Participant or the <br> Contract Owner after <br> the Certificate Date. <br> We reserve the right to <br> restrict allocations or <br> transfers to the Fixed <br> Account or any of the <br> Subaccounts. <br> You should refer to the <br> Contract and <br> enrollment form for <br> the optional riders <br> available to You.<br>|
| Guaranteed Minimum <br> Death <br> Benefit — Return of <br> Premium with Interest<br>| If You die before the <br> Annuity Date and <br> while the Certificate is <br> in force, pays Your <br> designated <br> beneficiaries the <br> greatest of: (1) the <br> Participant Account <br> Value; or (2) the death <br> benefit provided in any <br> other rider attached to <br> the Certificate; or (3) <br> the Return of Premium <br> with Interest Death <br> Benefit – Net premium <br> (adjusted for any <br> additional Net <br> Premium, withdrawals <br> and outstanding loan <br> balance) accumulated <br> at 5% interest prior to <br> and upon the <br> Certificate <br> Anniversary <br> immediately following <br> the Participant's <br> attainment of age 80.<br>| Optional | 0.30% (on an annual <br> basis) of Your average <br> Participant Account <br> Value. <br> If both the Guaranteed <br> Minimum Death <br> Benefit <br> Rider — Step-up with <br> Return of Premium <br> and the Guaranteed <br> Minimum Death <br> Benefit <br> Rider — Return of <br> Premium with Interest <br> are selected, the total <br> annual charge for both <br> riders will not exceed <br> 0.40% (on an annual <br> basis) of Your average <br> Participant Account <br> Value.<br>| May not be available in <br> all states or in all Plans <br> and will not be issued <br> on or after the <br> Participant's 70<sup>th</sup> <br> birthday. <br> This rider cannot be <br> terminated by the <br> Participant or the <br> Contract Owner after <br> the Certificate Date. <br> We reserve the right to <br> restrict allocations or <br> transfers to the Fixed <br> Account or any of the <br> Subaccounts. <br> You should refer to the <br> Contract and <br> enrollment form for <br> the optional riders <br> available to You.<br>|
| Premium Bonus | Provides for a credit of <br> a percentage of <br> premium We receive at <br> Our Home Office<br>| Optional | 0.50% (on an annual <br> basis) of Your average <br> Participant Account <br> Value.<br>| May not be available in <br> all states or in all <br> Plans. <br>|

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name of benefit** | **Purpose** | **Is Benefit Standard** <br> **or Optional**<br>| **Maximum Fee** | **Brief Description of** <br> **Restrictions/**<br> **Limitations**<br>|
|  | during the period of <br> time specified in Your <br> Certificate.<br>|  |  | This rider will only be <br> included or offered if <br> negotiated by the <br> employer and HMLIC <br> as part of the Contract. <br> You should refer to the <br> Contract and <br> enrollment form for <br> the optional riders <br> available to You. <br> The premium bonus <br> will never exceed 5% <br> and will never be paid <br> longer than 5 years.<br>|
| Portfolio Rebalancing | Automatically <br> rebalances the <br> Investment Options <br> You select (either <br> quarterly, semiannually <br> or annually)to <br> maintain Your chosen <br> mix of Investment <br> Options.<br>| Standard |  | Cannot use with the <br> dollar cost averaging <br> option.<br> Only available during <br> the accumulation <br> phase.<br> Subject to portfolio <br> restrictions.<br>|
| Dollar Cost Averaging | Automatically <br> transfers a specific <br> amount of money from <br> the Investment Options <br> You have selected, at <br> set intervals over a <br> specific period of time.<br>| Standard |  | Cannot use with the <br> portfolio rebalancing <br> option.<br> Only available during <br> the accumulation <br> phase.<br> Subject to portfolio <br> restrictions.<br>|
| Systematic <br> Withdrawals<br>| Automatically <br> withdraws money <br> (either monthly, <br> quarterly, semi-<br> annually or annually) <br> from the Investment <br> Options You select. <br> The amount of the <br> withdrawals are <br> determined by the <br> systematic withdrawal <br> option You select.<br>| Standard |  | Cannot use with the <br> dollar cost averaging <br> option.<br> Only available during <br> the accumulation <br> phase.<br> Subject to portfolio <br> restrictions.<br>|

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**Buying the Contract**

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**How Do I Purchase the Retirement Protector Qualified Variable Deferred Group Annuity Contract ?**

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Employers may purchase the Contract and Participants may purchase Certificates thereunder. To purchase a Certificate, You must complete an application bearing all requested signatures and a client profile form, in those instances when the purchase of this product was the result of a recommendation. For 457(b) and 401(a) Certificates the employer will purchase the Certificate on behalf of the employee/Participant, but the Participant will be required to complete an enrollment form and client profile form in those instances, when the purchase of this product was the result of a recommendation.

**How Much Can I Contribute and How are My Contributions Invested?**

Your premium payments will be invested in the Investment Options that You choose.

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| | |
|:---|:---|
|  | **Qualified Policies (Purchased using pre-tax dollars)** |
| Minimum Initial Annual Premium | $300 annually |
| Minimum Subsequent Annual Premiums | $300 annually |
| Maximum Subsequent Premiums (per Certificate Year after <br> 1st Certificate Anniversary)<br>| As permitted by IRS regulations |
| Maximum Total Premiums | $1,000,000 without Our prior approval |

---

After Your initial premium payment, You are not required to make any additional premium payments under Your Certificate.

**When Will Any Premium Payments that I Make be Credited to My Account?**

Net Premium payments allocated to the Separate Account will be applied at the applicable Accumulation Unit Value next determined following receipt in good form (sufficiently clear so that We do not need to exercise any discretion to follow such instructions). The minimum premium payment for the Certificate is $25 per month or $300 per year. HMLIC limits the maximum cumulative premium to $1 million without Our prior approval.

If a registered representative recommended and completed the enrollment form and associated forms, the appropriate broker-dealer has approved the suitability and best interest of the sale, Your enrollment form is complete and Your initial premium payment has been received at Our Home Office, We will issue Your Certificate within two business days of its receipt, and credit Your initial Net Premium to Your Certificate.

If an incomplete enrollment form is received, HMLIC will promptly request additional information needed to process the enrollment form. Any initial premium payment received by HMLIC will be held in a suspense account, without interest, for a period not exceeding five business days unless otherwise directed by the applicant. If the necessary information is not received within these five business days HMLIC will return any initial premium payment received by HMLIC, unless otherwise directed by the applicant.

**Allocation of Net Premiums**—When You complete Your enrollment form, You will give Us instructions on how to allocate Your Net Premium payments among the Fixed Account and/or the available Subaccounts. If an incomplete enrollment form is received, HMLIC will promptly request additional information needed to process the enrollment form. Any initial premium payment received by HMLIC will be held in a suspense account, without interest, for a period not exceeding five business days unless otherwise directed by You. If the necessary information is not received within these five business days HMLIC will return any initial premium payment received by HMLIC, unless otherwise directed by You. The amount You direct to a particular Subaccount or to the Fixed Account must be in whole number percentages from 5% to 100% of the Net Premium payment. If You make additional premium payments, We will allocate the Net Premiums in the same manner as Your initial Net Premium payment. A request to change the allocation of premium payments will be effective on the Valuation Date of receipt of the request in good form.

Premium payments allocated to the Separate Account are credited on the basis of Accumulation Unit Value. The number of Accumulation Units purchased by Your premium payments is determined by dividing the dollar amount credited to each Subaccount by the applicable Accumulation Unit Value next determined following receipt of the payment at Our Home Office. The value of an Accumulation Unit is affected by the investment experience of the Portfolio Company, expenses and the deduction of certain charges under the Certificate.

Accumulation Units are valued on each Valuation Date. If We receive Your premium payment before 3:00 p.m. Central Time (or before the close of the NYSE, if earlier), We will process the order using the applicable Subaccount Accumulation Unit Value determined at the close of that Valuation Date. If We receive Your premium payment at or after 3:00 p.m. Central Time (or at or after the close of the NYSE if earlier), We will process the order using the applicable Subaccount Accumulation Unit Value determined at the close of the next Valuation Date.

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**Making Withdrawals: Accessing the Money in Your Contract**

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**Can I Access the Money in My Account During the Asset Accumulations (Savings) Phase?**

Yes. However, withdrawal of Account Value from Qualified Contracts are subject to any restrictions imposed by the IRC or under the Qualified Retirement Plan. If not restricted by the IRC or Qualified Retirement Plan under which the Certificate is issued, You may surrender the Certificate or withdraw part of Your Participant Account Value for cash before Annuity Payments begin.

**What is the Process to Request a Withdrawal of Money from My Certificate**?

You may request a surrender or a partial withdrawal by submitting a signed, HMLIC form to HMLIC at Our Home Office at P.O. Box 4657, Springfield, Illinois 62708-4657. The kind of HMLIC form to be used will depend on whether any proceeds from the withdrawal/surrender are to be sent to any party other than the Participant. A Participant may request a HMLIC withdrawal/surrender form by writing to P.O. Box 4657, Springfield, Illinois 62708-4657or by calling 800-999-1030 or may download the form on Our secure website at horacemann.com.

When credited, premium bonus amounts are treated as interest, resulting in an increase to the Participant Account Value, the amount available to purchase Annuity Payments under the Certificate, and the death benefit.For each withdrawal, You may specify the account(s) from which the withdrawal will be deducted. Unless You specify otherwise, withdrawals will be deducted from the Fixed Account and the Subaccount(s), each in proportion to their share of the sum of the Participant Account Value in these accounts. Your Participant Account Value will be reduced by the amount We distribute, per Your request, any applicable surrender charges and/or any applicable taxes and may be subject to a Market Value Adjustment. Withdrawals from the Certificate will reduce the Participant Account Value, the amount available to purchase Annuity Payments under the Certificate, and the death benefit. We may use any proceeds from surrender charges associated with the bonus to recoup the amount of any premium bonus paid. Any partial withdrawal is subject to a $100 minimum and may not reduce the Participant's Account Value to less than $100.

The surrender or partial withdrawal of Variable Account Value (including a rollover, exchange, etc.) is determined on the basis of the Accumulation Unit Value. Withdrawals and surrenders will be processed either on a Valuation Date specified by You in a request, provided the Valuation Date specified occurs on or after receipt of the request in good form at Our Home Office, or on the Valuation Date following the receipt of such request in good form at Our Home Office. HMLIC ordinarily completes a transaction within seven calendar days after receipt of a request in good form for a partial withdrawal or surrender.

**Can I Access the Money in My Account During the Annuity (Income) Phase?**

You will receive payments under the Annuity Payment option You select. However, You generally may not take any other withdrawals.

**Additional Information About Fees**

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**The following tables describe the fees and expenses that You will pay when buying, owning, and surrendering or making withdrawals from the Certificate. Please refer to Your Certificate's 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 Certificate, surrender or make withdrawals from the Certificate, or transfer Account Value between Investment Options. State premium taxes may also be deducted.**

**Transaction Expenses** 

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp; Sales Load Imposed on Purchases <br> (as a percentage of purchase payments)<br>|  |
| &nbsp;&nbsp;&nbsp; Deferred Sales Load (or Surrender Charge) <br> (as a percentage of amount surrendered)<br>| 8% Maximum Surrender Charge |
| Transfer Fee |  |

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**The next table describes the fees and expenses that You will pay *each year* during the time that You own the Certificate (not including Portfolio Company fees and expenses).**

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**Annual Contract Expenses** 

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| | |
|:---|:---|
| Administrative Expenses <sup>(1)</sup> <br>| &nbsp;&nbsp; $36 |
| Base Contract Expenses <sup>(2)</sup> (as a percentage of average Variable Account Value or Contract Account Value) | 1.25% |
| &nbsp;&nbsp;&nbsp; Optional Benefit Expenses (as a percentage of average Participant Account Value))<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Guaranteed Minimum Death Benefit Rider — Step-up with Return of Premium<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Guaranteed Minimum Death Benefit Rider — Return of Premium with Interest<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Guaranteed Minimum Death Benefit Rider — Return of Premium<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Premium Bonus Rider<br>| &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>0.20%<sup>(3)</sup> <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> 0.30%<sup>(3)</sup> <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> 0.05% <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> 0.50% <br>|
| Loan Interest | 8% |

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(1) We sometimes use multiple Certificate numbers, with the same first nine digits in the numbers, to segregate multiple sources of funds for a Participant, such as employee versus employer. In these situations, We will deduct only one annual maintenance fee per year for those multiple Certificate numbers. We reserve the right to change the annual maintenance fee for Certificates issued in the future.

(2) This table reflects the maximum M&E rate available under the Contract. Under a Qualified Retirement Plan, the employer may negotiate the rate with HMLIC. We have negotiated rates between 0.75% and 1.25%.

(3) If both the Guaranteed Minimum Death Benefit Rider—Step-up with Return of Premium and the Guaranteed Minimum Death Benefit Rider—Return of Premium with Interest are selected the total annual charge for both riders will not exceed 0.40% of Your average Participant Account Value.

**The next item shows the minimum and maximum total operating expenses charged by the Portfolio Companies that You may pay periodically during the time that You own the Certificate. Expenses shown may change over time and may be higher or lower in the future. These amounts also include applicable platform charges if you choose to invest in certain Portfolio Companies. A complete list of Portfolio Companies available under the Certificate, including their annual expenses, may be found at the back of this document.** 

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| | | |
|:---|:---|:---|
| **Annual Portfolio Company Expenses** | **Minimum** | **Maximum** |
| &nbsp;&nbsp;&nbsp; (expenses that are deducted from Portfolio Company assets, including management fees, <br> distribution and/or service (12b-1) fees, and other expenses)<br>| &nbsp;&nbsp; 0.04% | &nbsp;&nbsp; 1.34% |

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**Example**

**This Example is intended to help You compare the cost of investing in the variable options with the cost of investing in other annuity contracts that offer variable options. These costs include transaction expenses, annual Certificate expenses, and Annual Portfolio Company Expenses.**

**The Example assumes all Certificate value is allocated to variable options. Your costs could differ from those shown below if you invest in fixed options.** 

**The Example assumes that You invest $100,000 in the Certificate for the time periods indicated. The Example also assumes that Your investment has a 5% return each year and assumes the most expensive combination of Annual Portfolio Company Expenses and optional benefits available for an additional charge. Although Your actual costs may be higher or lower, based on these assumptions, Your costs would be:** 

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; If You surrender Your Contract at the end of the applicable time <br> period: | 1 year | 3 years | 5 years | 10 years |
| &nbsp;&nbsp;&nbsp; If You surrender Your Contract at the end of the applicable time <br> period: | &nbsp;&nbsp; $10822 | &nbsp;&nbsp; $15592 | &nbsp;&nbsp; $19409 | &nbsp;&nbsp; $29257 |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; If You annuitize or do not surrender Your Contract at the end of <br> the applicable time period: | 1 year | 3 years | 5 years | 10 years |
| &nbsp;&nbsp;&nbsp; If You annuitize or do not surrender Your Contract at the end of <br> the applicable time period: | &nbsp;&nbsp; $2639 | &nbsp;&nbsp; $8098 | &nbsp;&nbsp; $13808 | &nbsp;&nbsp; $29257 |

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**Appendix A: Investment Options Available Under the Contract**

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The following is a list of Portfolio Companies available under the Contract and Certificates thereunder. More information about the Portfolio Companies is available in the prospectuses for the Portfolio Companies, which may be amended from time to time and can be found online at dfinview.com/HoraceMann/TAHD/RP. You can also request this information at no cost by calling 1-800-999-1030 or by sending an email request to contactcenterannuity@horacemann.com.

The current expenses and performance information below reflects fees and expenses of the Portfolio Companies, but do not reflect the other fees and expenses that Your Contract may charge. Expenses would be higher and performance would be lower if these charges were included. Each Portfolio Company's past performance is not necessarily an indication of future performance.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type/Investment** <br> **Objective** | &nbsp;&nbsp; **Portfolio Company and**<br> **Adviser/Subadviser**<sup>(1)</sup>  | &nbsp;&nbsp; **Current** <br> **Expenses** | &nbsp;&nbsp; **Average Annual Total Returns** <br> **(as of 12/31/25)** | &nbsp;&nbsp; **Average Annual Total Returns** <br> **(as of 12/31/25)** | &nbsp;&nbsp; **Average Annual Total Returns** <br> **(as of 12/31/25)** |
| **Type/Investment** <br> **Objective** | &nbsp;&nbsp; **Portfolio Company and**<br> **Adviser/Subadviser**<sup>(1)</sup>  | &nbsp;&nbsp; **Current** <br> **Expenses** | **1-year** | **5-year** | **10-year** |
| Lifecycle/Target Date <br> Funds<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Retirement <br> Income Fund / The <br> Vanguard Group, Inc.<br>| 0.08% | 11.31% | 3.82% | 5.33% |
| Lifecycle/Target Date <br> Funds<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Target <br> Retirement 2025 Fund / The <br> Vanguard Group, Inc.<br>| 0.08% | 14.60% | 5.90% | 8.78% |
| Lifecycle/Target Date <br> Funds<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Target <br> Retirement 2030 Fund / The <br> Vanguard Group, Inc.<br>| 0.08% | 16.24% | 6.83% | 8.66% |
| Lifecycle/Target Date <br> Funds<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Target <br> Retirement 2035 Fund / The <br> Vanguard Group, Inc.<br>| 0.08% | 17.54% | 7.71% | 9.40% |
| Lifecycle/Target Date <br> Funds<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Target <br> Retirement 2040 Fund / The <br> Vanguard Group, Inc.<br>| 0.08% | 18.76% | 8.57% | 10.13% |
| Lifecycle/Target Date <br> Funds<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Target <br> Retirement 2045 Fund / The <br> Vanguard Group, Inc.<br>| 0.08% | 19.99% | 9.41% | 10.74% |
| Lifecycle/Target Date <br> Funds<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Target <br> Retirement 2050 Fund / The <br> Vanguard Group, Inc.<br>| 0.08% | 21.41% | 9.95% | 11.02% |
| Lifecycle/Target Date <br> Funds<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Target <br> Retirement 2055 Fund / The <br> Vanguard Group, Inc<br>| 0.08% | 21.43% | 9.96% | 11.02% |
| Lifecycle/Target Date <br> Funds<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Target <br> Retirement 2060 Fund / The <br> Vanguard Group, Inc.<br>| 0.08% | 21.42% | 9.96% | 11.02% |
| Lifecycle/Target Date <br> Funds<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Target <br> Retirement 2065 Fund / The <br> Vanguard Group, Inc.<br>| 0.08% | 21.43% | 9.98% |  |
| Large Value | &nbsp;&nbsp; T Rowe Price Equity <br> Income Fund — Investor <br> Class / T Rowe Price <br> Associates, Inc.<br>| 0.69% | 14.58% | 11.31% | 10.66% |
| Large Blend | &nbsp;&nbsp; Vanguard<sup>®</sup> 500 Index <br> Admiral Shares / The <br> Vanguard Group, Inc.<br>| 0.04% | 17.83% | 14.38% | 14.78% |
| Large Growth | &nbsp;&nbsp; T Rowe Price Growth Stock <br> Fund — Investor Class / T <br> Rowe Price Associates, Inc.<br>| 0.66% | 15.65% | 9.36% | 14.16% |
| Mid Blend | &nbsp;&nbsp; Vanguard<sup>®</sup> Extended <br> Market Index Admiral <br> Shares / The Vanguard <br> Group, Inc.<br>| 0.05% | 11.42% | 6.19% | 11.01% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type/Investment** <br> **Objective** | &nbsp;&nbsp; **Portfolio Company and**<br> **Adviser/Subadviser**<sup>(1)</sup> | &nbsp;&nbsp; **Current** <br> **Expenses** | &nbsp;&nbsp; **Average Annual Total Returns** <br> **(as of 12/31/25)** | &nbsp;&nbsp; **Average Annual Total Returns** <br> **(as of 12/31/25)** | &nbsp;&nbsp; **Average Annual Total Returns** <br> **(as of 12/31/25)** |
| **Type/Investment** <br> **Objective** | &nbsp;&nbsp; **Portfolio Company and**<br> **Adviser/Subadviser**<sup>(1)</sup> | &nbsp;&nbsp; **Current** <br> **Expenses** | **1-year** | **5-year** | **10-year** |
| Mid Growth | &nbsp;&nbsp; Janus Henderson Enterprise <br> Portfolio Instl / Janus <br> Capital Management LLC.<br>| 0.72% | 7.67% | 7.62% | 12.79% |
| Small Value | &nbsp;&nbsp; T Rowe Price Small-Cap <br> Value Fund — Investor <br> Class / T Rowe Price <br> Associates, Inc.<br>| 0.79% | 8.22% | 6.62% | 9.70% |
| Small Blend | &nbsp;&nbsp; Vanguard<sup>®</sup> Small Cap Index <br> Admiral Shares / The <br> Vanguard Group, Inc.<br>| 0.05% | 8.83% | 7.34% | 10.43% |
| Small Growth | &nbsp;&nbsp; Neuberger Genesis Fund <br> Advisor Class / Neuberger <br> Berman Investment <br> Advisers, LLC<br>| 1.34% | -5.00% | 2.41% | 8.60% |
| International Stock - <br> Developed Markets<br>| &nbsp;&nbsp; T Rowe Price Overseas <br> Stock Fund — Investor <br> Class / T Rowe Price <br> Associates, Inc.<br>| 0.78% | 31.80% | 8.41% | 8.36% |
| International Stock - <br> Developed Markets<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Developed <br> Markets Index — Admiral <br> Shares / The Vanguard <br> Group, Inc.<br>| 0.05% | 35.17% | 9.11% | 8.71% |
| International Stock - <br> Emerging Markets<br>| &nbsp;&nbsp; T Rowe Price Emerging <br> Markets Stock <br> Fund — Investor Class / T <br> Rowe Price Associates, Inc.<br>| 1.23% | 32.46% | -1.83% | 6.16% |
| International Stock - <br> Emerging Markets<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Emerging <br> Markets Stock Index <br> Admiral Share / The <br> Vanguard Group, Inc.<br>| 0.13% | 24.75% | 4.62% | 8.10% |
| Real Estate | &nbsp;&nbsp; T Rowe Price Global Real <br> Estate — Investor Class\* / <br> T Rowe Price Associates, <br> Inc.<br>| 0.95% | 5.62% | 2.50% | 3.23% |
| Real Estate | &nbsp;&nbsp; Vanguard<sup>®</sup> Real Estate <br> Index Fund Admiral Shares <br> / The Vanguard Group, Inc.<br>| 0.13% | 3.19% | 4.64% | 5.14% |
| Technology | &nbsp;&nbsp; Janus Henderson Global <br> Technology and Innovation <br> Fund Class I / Janus Capital <br> Management LLC.<br>| 0.73% | 25.15% | 13.71% | 21.48% |
| Inflation Protected <br> Bond<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Short-Term <br> Inflation-Protected <br> Securities / The Vanguard <br> Group, Inc.<br>| 0.06% | 6.03% | 3.51% | 3.13% |
| Intermediate-Term <br> Bond<br>| &nbsp;&nbsp; Fidelity VIP Investment <br> Grade Bond Initial Class / <br> Fidelity Management & <br> Research Company LLC<br>| 0.37% | 7.22% | 0.06% | 2.71% |
| Intermediate-Term <br> Bond<br>| &nbsp;&nbsp; Vanguard<sup>®</sup> Total Bond <br> Market Index Admiral <br> Shares / The Vanguard <br> Group, Inc.<br>| 0.04% | 7.15% | -0.42% | 1.99% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Type/Investment** <br> **Objective** | &nbsp;&nbsp; **Portfolio Company and**<br> **Adviser/Subadviser**<sup>(1)</sup> | &nbsp;&nbsp; **Current** <br> **Expenses** | &nbsp;&nbsp; **Average Annual Total Returns** <br> **(as of 12/31/25)** | &nbsp;&nbsp; **Average Annual Total Returns** <br> **(as of 12/31/25)** | &nbsp;&nbsp; **Average Annual Total Returns** <br> **(as of 12/31/25)** |
| **Type/Investment** <br> **Objective** | &nbsp;&nbsp; **Portfolio Company and**<br> **Adviser/Subadviser**<sup>(1)</sup> | &nbsp;&nbsp; **Current** <br> **Expenses** | **1-year** | **5-year** | **10-year** |
| Global Bond | &nbsp;&nbsp; American Funds IS Capital <br> World Bond Fund 1 / <br> Capital Research and <br> Management Co.<br>| 0.48% | 9.55% | -2.27% | 1.47% |
| Multi-Sector Bond | &nbsp;&nbsp; T Rowe Price Spectrum <br> Income Fund — Investor <br> Class\* / T Rowe Price <br> Associates, Inc.<br>| 0.61% | 7.83% | 2.11% | 4.00% |
| High Yield Bond | &nbsp;&nbsp; Vanguard<sup>®</sup> High-Yield <br> Corporate Fund Admiral <br> Shares / The Vanguard <br> Group, Inc.<br>| 0.12% | 9.46% | 4.21% | 5.69% |
| Balanced Fund | &nbsp;&nbsp; Vanguard<sup>®</sup> STAR Fund / <br> The Vanguard Group, Inc.<br>| 0.29% | 15.86% | 5.88% | 8.95% |
| Money Market | &nbsp;&nbsp; Vanguard<sup>®</sup> Federal Money <br> Market Fund / The <br> Vanguard Group, Inc.<br>| 0.11% | 4.22% | 3.20% | 2.14% |

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\*

These expenses reflect temporary fee reductions. The details about these waivers can be found in the Portfolio Company prospectus at <u>dfinview.com/</u><u>HoraceMann/TAHD/RP</u>

(1) Under certain Guaranteed Minimum Death Benefit Riders, We reserve the right to restrict allocations or transfers to the Fixed Account or any of the Portfolio <br> Companies. The Portfolio Companies available may vary by Qualified Retirement Plan. You should refer to Your Plan for a list of Portfolio Companies available to You.

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This Summary Prospectus incorporates by reference the Retirement Protector prospectus and Statement of Additional Information (SAI), both dated May 1, 2026, as amended or supplemented. The SAI may be obtained, free of charge, in the same manner as the prospectus or You can find the Statement of Additional Information online.

EDGAR Filing Number C000116281

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