# EDGAR Filing Document

**Accession Number:** 0001562577
**File Stem:** 0001562577-26-000140
**Filing Date:** 2026-4
**Character Count:** 45165
**Document Hash:** ff29b0a40e7455c2715d325885468d90
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001562577-26-000140.hdr.sgml**: 20260414

**ACCESSION NUMBER**: 0001562577-26-000140

**CONFORMED SUBMISSION TYPE**: 497VPU

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260414

**EFFECTIVENESS DATE**: 20260414

**FILER**: 

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

**FILING VALUES:**
- **FORM TYPE:** 497VPU
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-276157
- **FILM NUMBER:** 26859409

**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 |  |

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

**Issued by:**

**MEMBERS Life Insurance Company**

**UPDATING SUMMARY PROSPECTUS FOR EXISTING INVESTORS**

**DATED MAY 1, 2026**

This Updating Summary Prospectus summarizes key features of the TruStage<sup>®</sup> Zone Income Annuity, an

individual or joint owned, single premium deferred modified guaranteed index annuity contract. This

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

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

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

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

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

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

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

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

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

**contrary is a criminal offense.** 

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| **[GLOSSARY](#i6a332a5f76bb496999951ba14baabddb)** | **[2](#i6a332a5f76bb496999951ba14baabddb)** |
| **[UPDATED INFORMATION ABOUT YOUR CONTRACT](#ie4203f3a21b14a4681aa1c2527b62190)** | **[5](#ie4203f3a21b14a4681aa1c2527b62190)** |
| **[KEY INFORMATION](#i84683ed293c1401c9fc198c5afe0d5ea)** | **[5](#i84683ed293c1401c9fc198c5afe0d5ea)** |

---

---

| | |
|:---|:---|
| **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 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.

**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.

**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.

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

during the first six Contract Years.

**UPDATED INFORMATION ABOUT YOUR CONTRACT**

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

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

• None

**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). | Fee Table<br>Charges and <br>Adjustments<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. | 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 |

---

---

| | | |
|:---|:---|:---|
| **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>|

---

---

| | | |
|:---|:---|:---|
| **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>|

---

---

| | | |
|:---|:---|:---|
|  | ***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>|

---

---

| | | |
|:---|:---|:---|
| **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>|

---

**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.**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **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.** 

**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.

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

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

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

EDGAR Contract Identifier: C000256712