# EDGAR Filing Document

**Accession Number:** 0001045032
**File Stem:** 0001045032-26-000167
**Filing Date:** 2026-4
**Character Count:** 1461116
**Document Hash:** fd1bd828402cb5ea9ebc5a9c18fcc167
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001045032-26-000167.hdr.sgml**: 20260421

**ACCESSION NUMBER**: 0001045032-26-000167

**CONFORMED SUBMISSION TYPE**: 485BPOS

**PUBLIC DOCUMENT COUNT**: 35

**FILED AS OF DATE**: 20260421

**DATE AS OF CHANGE**: 20260421

**EFFECTIVENESS DATE**: 20260427

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNLNY SEPARATE ACCOUNT I
- **CENTRAL INDEX KEY:** 0001045032

**ORGANIZATION NAME:**
- **EIN:** 133873709
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08401
- **FILM NUMBER:** 26880557

**BUSINESS ADDRESS:**
- **STREET 1:** 2900 WESTCHESTER AVE
- **CITY:** PURCHASE
- **STATE:** NY
- **ZIP:** 10577
- **BUSINESS PHONE:** (888) 965-6569

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNLNY SEPARATE ACCOUNT I
- **CENTRAL INDEX KEY:** 0001045032

**ORGANIZATION NAME:**
- **EIN:** 133873709
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-228806
- **FILM NUMBER:** 26880556

**BUSINESS ADDRESS:**
- **STREET 1:** 2900 WESTCHESTER AVE
- **CITY:** PURCHASE
- **STATE:** NY
- **ZIP:** 10577
- **BUSINESS PHONE:** (888) 965-6569

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951

## Series and Classes Contracts Data

### JNLNY SEPARATE ACCOUNT I (Series ID: S000010933)

| Class ID   | Class Name                                                                | Ticker Symbol   |
|:---|:---|:---|
| C000210238 | NY Perspective II (Contracts offered for sale on and after June 24, 2019) |  |

?xml version='1.0' encoding='ASCII'? ck0001045032-20260421

As filed with the Securities and Exchange Commission on April 21, 2026

Commission File Nos. 333-228806

811-08401

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM N-4**

---

| | | |
|:---|:---|:---|
| REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 | REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 | [ ] |
| | Pre-Effective Amendment No. | [ ] |
| | Post-Effective Amendment No. **17** | [X] |
| and/or | and/or | and/or |

---

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

---

| | |
|:---|:---|
| Amendment No. **657** | [X] |

---

**JNLNY SEPARATE ACCOUNT I**

(Exact Name of Registrant)

**JACKSON NATIONAL LIFE INSURANCE COMPANY OF NEW YORK**

(Name of Depositor)

2900 Westchester Avenue, Purchase, New York 10577

(Address of Depositor's Principal Executive Offices)

Depositor's Telephone Number, including Area Code: (517) 381-5500

Scott J. Golde, Esq., Senior Vice President, General Counsel

Jackson National Life Insurance Company, 1 Corporate Way, Lansing, MI 48951

(Name and Address of Agent for Service)

Copy to:

Alison Samborn, Esq., Assistant Vice President, Insurance Legal & Product Development

Jackson National Life Insurance Company, 1 Corporate Way, Lansing, MI 48951

---

| | |
|:---|:---|
| Approximate Date of Proposed Public Offering: | Approximate Date of Proposed Public Offering: |
| It is proposed that this filing will become effective (check appropriate box) | It is proposed that this filing will become effective (check appropriate box) |
| [ ] | immediately upon filing pursuant to paragraph (b) |
| **[X]** | **on April 27, 2026 pursuant to paragraph (b)** |
| [ ] | 60 days after filing pursuant to paragraph (a)(1) |
| [ ] | on (date) pursuant to paragraph (a)(1). |
| If appropriate, check the following box: | If appropriate, check the following box: |
| [ ] | this post-effective amendment designates a new effective date for a previously filed post-effective amendment |
| Title of Securities Being Registered: the variable portion of Flexible Premium Variable and Fixed Deferred Annuity contracts | Title of Securities Being Registered: the variable portion of Flexible Premium Variable and Fixed Deferred Annuity contracts |

---

------

**PERSPECTIVE II**<sup>®</sup>

**FLEXIBLE PREMIUM VARIABLE AND FIXED DEFERRED ANNUITY**

**(Contracts offered for sale on and after June 24, 2019)**

**Issued by**

**Jackson National Life Insurance Company of New York**<sup>®</sup> **through**

**JNLNY Separate Account I**

**The date of this prospectus is April 27, 2026**. This prospectus states the information about the Separate Account, the Contract, and Jackson National Life Insurance Company of New York ("Jackson of NY<sup>®</sup>") you should know before investing. This prospectus is a disclosure document and describes all of the Contract's material features, benefits, rights, and obligations. The description of the Contract's material provisions in this prospectus is current as of the date of this prospectus. If certain material provisions under the Contract are changed after the date of this prospectus, in accordance with the Contract, those changes will be described in a supplemented prospectus. It is important that you also read the Contract and endorsements, which may reflect non-material variations. Jackson's obligations under the Contract are subject to our financial strength and claims-paying ability. The information in this prospectus is intended to help you decide if the Contract will meet your investment and financial planning goals. Additional information about the Separate Account can be found in the Statement of Additional Information ("SAI") dated April 27, 2026 that is available upon request without charge. To obtain a copy contact us at our:

---

| |
|:---|
| **Jackson of NY Customer Care Center** |
| **P.O. Box 24068** |
| **Lansing, Michigan 48909-4068** |
| **1-800-599-5651** |
| **<u>www.jackson.com</u>** |

---

Variable annuity contracts are complex insurance and investment vehicles and involve risks, including potential loss of principal. Before you invest, be sure to discuss the Contract's features, benefits, risks, and fees with your financial professional in order to determine whether the Contract is appropriate for you based upon your financial situation and objectives. Please carefully read this prospectus and any related documents and keep everything together for future reference.

This prospectus describes the investment options and optional features that we currently offer under the Contract. At the time you purchase the Contract, it is possible that not all of the optional features listed in this prospectus will be available, as we reserve the right to prospectively restrict availability of the optional features. **The availability of investment options, benefits, and/or other features described in this prospectus may vary depending on the broker-dealer or financial intermediary through which the Contract is sold. See Appendix J: Financial Intermediary Variations. You should discuss with your financial professional any limitations or restrictions on investment options, benefits and/or features that apply through their broker-dealer or financial intermediary.** If a particular investment option or optional feature that interests you is not offered, you may want to contact another broker-dealer to explore its availability. In addition, not all optional features may be available in combination with other optional features, as we also reserve the right to prospectively restrict the availability to elect certain features if certain other optional features have been elected. We reserve the right to limit the number of Contracts that you may purchase. We also reserve the right to refuse initial and any or all subsequent Premium payments. Some optional features, including certain living benefits and death benefits, contain withdrawal restrictions that, if exceeded, may have a significant negative impact on the value of the feature and may cause the feature to prematurely terminate. Please confirm with us or your financial professional that you have the most current prospectus and supplements to the prospectus that describe the availability and any restrictions on the optional features.

This Contract is a long-term, tax-deferred annuity designed for retirement or other long-term investment purposes. It is available for use in Non-Qualified plans, Non-Qualified contracts, Qualified plans, Tax-Sheltered annuities, Traditional IRAs, Simplified Employee Pension IRAs, and Roth IRAs. The Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Withdrawals could result in Withdrawal Charges, negative Contract adjustments, taxes, and tax penalties, as applicable. **Withdrawals taken from the Fixed Account before the end of the relevant Fixed Account Option term may also be subject to a Market Value Adjustment, and if this adjustment is negative, you could lose up to 100% of any credited interest. However, a negative Market Value Adjustment will never cause you to lose any of your original investment.** If you do intend to take ongoing withdrawals under the Contract, you should consult with a financial professional.

This prospectus utilizes Rate Sheet Prospectus Supplements to describe the current annual charges, Bonus percentage options, Guaranteed Withdrawal Balance Adjustment percentages and Guaranteed Annual Withdrawal Amount percentages for certain add-on living and death benefits. To obtain a copy of the most recent Rate Sheet Prospectus Supplement(s), please visit <u>www.jackson.com/product-literature-4.html</u>.

------

We offer other variable annuity products with different product features, benefits and charges. This may not be available through all broker-dealers. Ask your financial professional about availability and the details.

The Contract makes available for investment variable and fixed investment options. The variable options are Investment Divisions of the Separate Account, each of which invests in one of the Funds listed in Appendix A.

Additional information about certain investment products, including variable annuities, has been prepared by the SEC's staff and is available at <u>www.Investor.gov</u>.

If you are a new investor in the Contract, you may cancel your Contract within 20 days of receiving it without paying fees or penalties. Upon receipt of your Contract, we will refund the Contract Value determined as of the Business Day on which we receive the Contract from you, including any fees or other charges deducted from the premiums or imposed under the Contract. You should review this prospectus, or consult with your financial professional, for additional information about the specific cancellation terms that apply.

You may elect to receive certain communications from Jackson of NY electronically by doing one of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Mailing in the postage-paid card on the cover of either this report or the Summary Prospectus;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Calling 1-866-349-4564; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Signing up on <u>www.jackson.com</u>

**Neither the SEC nor any state securities commission has approved or disapproved these securities or passed upon the adequacy of this prospectus. It is a criminal offense to represent otherwise. We do not intend for this prospectus to be an offer to sell or a solicitation of an offer to buy these securities in any state where this is not permitted.**

**•** Not FDIC/NCUA insured **•** Not Bank/CU guaranteed **•** May lose value **•** Not a deposit **•** Not insured by any federal agency<br>

------

---

| | |
|:---|:---|
| **TABLE OF CONTENTS** | **TABLE OF CONTENTS** |
| **[GLOSSARY](#i6a8c7a642b0f405da7cd588a87395385_16)**  | **[1](#i6a8c7a642b0f405da7cd588a87395385_16)** |
| **[OVERVIEW OF THE CONTRACT](#i6a8c7a642b0f405da7cd588a87395385_3304)** | **[3](#i6a8c7a642b0f405da7cd588a87395385_3304)** |
| **[IMPORTANT INFORMATION YOU SHOULD KNOW ABOUT THE CONTRACT](#i6a8c7a642b0f405da7cd588a87395385_19)**  | **[5](#i6a8c7a642b0f405da7cd588a87395385_19)** |
| **[FEES AND EXPENSES TABLES](#i6a8c7a642b0f405da7cd588a87395385_22)**  | **[9](#i6a8c7a642b0f405da7cd588a87395385_22)** |
| &nbsp;&nbsp;[Transaction Expenses](#i6a8c7a642b0f405da7cd588a87395385_25) | [9](#i6a8c7a642b0f405da7cd588a87395385_25) |
| &nbsp;&nbsp;[Adjustments](#i6a8c7a642b0f405da7cd588a87395385_3726) | [9](#i6a8c7a642b0f405da7cd588a87395385_3726) |
| &nbsp;&nbsp;[Annual Contract](#i6a8c7a642b0f405da7cd588a87395385_28)[Expenses](#i6a8c7a642b0f405da7cd588a87395385_28) | [10](#i6a8c7a642b0f405da7cd588a87395385_28) |
| &nbsp;&nbsp;[Annual Fund](#i6a8c7a642b0f405da7cd588a87395385_31)[Expenses](#i6a8c7a642b0f405da7cd588a87395385_31) | [11](#i6a8c7a642b0f405da7cd588a87395385_31) |
| **[EXAMPLE](#i6a8c7a642b0f405da7cd588a87395385_3330)** | **[11](#i6a8c7a642b0f405da7cd588a87395385_3330)** |
| **[PRINCIPAL RISKS](#i6a8c7a642b0f405da7cd588a87395385_3165)** | **[12](#i6a8c7a642b0f405da7cd588a87395385_3165)** |
| &nbsp;&nbsp;[Risk of Loss](#i6a8c7a642b0f405da7cd588a87395385_3638) | [12](#i6a8c7a642b0f405da7cd588a87395385_3638) |
| &nbsp;&nbsp;[Risks Associated with Variable Investment Options](#i6a8c7a642b0f405da7cd588a87395385_3633) | [12](#i6a8c7a642b0f405da7cd588a87395385_3633) |
| &nbsp;&nbsp;[Short-Term Investment Risk](#i6a8c7a642b0f405da7cd588a87395385_3628) | [12](#i6a8c7a642b0f405da7cd588a87395385_3628) |
| &nbsp;&nbsp;[Liquidity and Early Withdrawal Risk](#i6a8c7a642b0f405da7cd588a87395385_3618) | [12](#i6a8c7a642b0f405da7cd588a87395385_3618) |
| &nbsp;&nbsp;[Insurance Company Risks](#i6a8c7a642b0f405da7cd588a87395385_3613) | [12](#i6a8c7a642b0f405da7cd588a87395385_3613) |
| &nbsp;&nbsp;[Investment Restrictions](#i6a8c7a642b0f405da7cd588a87395385_3608) | [12](#i6a8c7a642b0f405da7cd588a87395385_3608) |
| &nbsp;&nbsp;[Premium Payment Risk](#i6a8c7a642b0f405da7cd588a87395385_3603) | [12](#i6a8c7a642b0f405da7cd588a87395385_3603) |
| &nbsp;&nbsp;[Fees and Charges](#i6a8c7a642b0f405da7cd588a87395385_3658) | [12](#i6a8c7a642b0f405da7cd588a87395385_3658) |
| &nbsp;&nbsp;[Possible Adverse Tax Consequences](#i6a8c7a642b0f405da7cd588a87395385_3653) | [12](#i6a8c7a642b0f405da7cd588a87395385_3653) |
| &nbsp;&nbsp;[Add-On Benefits](#i6a8c7a642b0f405da7cd588a87395385_3648) | [13](#i6a8c7a642b0f405da7cd588a87395385_3648) |
| &nbsp;&nbsp;[Conditions to Contract Benefits](#i6a8c7a642b0f405da7cd588a87395385_3643) | [13](#i6a8c7a642b0f405da7cd588a87395385_3643) |
| &nbsp;&nbsp;[Alternatives to the Contract](#i6a8c7a642b0f405da7cd588a87395385_3663) | [13](#i6a8c7a642b0f405da7cd588a87395385_3663) |
| &nbsp;&nbsp;[Potentially Harmful Transfer Activity](#i6a8c7a642b0f405da7cd588a87395385_3683) | [13](#i6a8c7a642b0f405da7cd588a87395385_3683) |
| &nbsp;&nbsp;[Fixed Account Option Rates](#i6a8c7a642b0f405da7cd588a87395385_3678) | [13](#i6a8c7a642b0f405da7cd588a87395385_3678) |
| &nbsp;&nbsp;[Business Continuity and Cybersecurity Risk](#i6a8c7a642b0f405da7cd588a87395385_3739) | [13](#i6a8c7a642b0f405da7cd588a87395385_3739) |
| **[FINANCIAL STATEMENTS](#i6a8c7a642b0f405da7cd588a87395385_34)** | **[14](#i6a8c7a642b0f405da7cd588a87395385_34)** |
| **[THE ANNUITY CONTRACT](#i6a8c7a642b0f405da7cd588a87395385_40)**  | **[14](#i6a8c7a642b0f405da7cd588a87395385_40)** |
| **[JACKSON OF NY](#i6a8c7a642b0f405da7cd588a87395385_43)**  | **[15](#i6a8c7a642b0f405da7cd588a87395385_43)** |
| **[THE FIXED ACCOUNT](#i6a8c7a642b0f405da7cd588a87395385_46)**  | **[15](#i6a8c7a642b0f405da7cd588a87395385_46)** |
| **[THE SEPARATE ACCOUNT](#i6a8c7a642b0f405da7cd588a87395385_49)**  | **[17](#i6a8c7a642b0f405da7cd588a87395385_49)** |
| **[INVESTMENT DIVISIONS](#i6a8c7a642b0f405da7cd588a87395385_52)[AND FUNDS](#i6a8c7a642b0f405da7cd588a87395385_52)**  | **[17](#i6a8c7a642b0f405da7cd588a87395385_52)** |
| &nbsp;&nbsp;[Voting Privileges](#i6a8c7a642b0f405da7cd588a87395385_58) | [18](#i6a8c7a642b0f405da7cd588a87395385_58) |
| &nbsp;&nbsp;[Substitution](#i6a8c7a642b0f405da7cd588a87395385_61) | [18](#i6a8c7a642b0f405da7cd588a87395385_61) |
| **[BENEFITS AVAILABLE UNDER THE CONTRACT](#i6a8c7a642b0f405da7cd588a87395385_3170)** | **[18](#i6a8c7a642b0f405da7cd588a87395385_3170)** |
| **[CONTRACT CHARGES](#i6a8c7a642b0f405da7cd588a87395385_64)**  | **[24](#i6a8c7a642b0f405da7cd588a87395385_64)** |
| &nbsp;&nbsp;[TRANSACTION EXPENSES](#i6a8c7a642b0f405da7cd588a87395385_3186) | [24](#i6a8c7a642b0f405da7cd588a87395385_3186) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Withdrawal Charge](#i6a8c7a642b0f405da7cd588a87395385_76) | [24](#i6a8c7a642b0f405da7cd588a87395385_76) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Transfer Charge](#i6a8c7a642b0f405da7cd588a87395385_73) | [25](#i6a8c7a642b0f405da7cd588a87395385_73) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Expedited Delivery Charge](#i6a8c7a642b0f405da7cd588a87395385_3195) | [25](#i6a8c7a642b0f405da7cd588a87395385_3195) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Wire Transfer Charge](#i6a8c7a642b0f405da7cd588a87395385_3201) | [25](#i6a8c7a642b0f405da7cd588a87395385_3201) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Premium Taxes](#i6a8c7a642b0f405da7cd588a87395385_118) | [25](#i6a8c7a642b0f405da7cd588a87395385_118) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Income Taxes](#i6a8c7a642b0f405da7cd588a87395385_121) | [26](#i6a8c7a642b0f405da7cd588a87395385_121) |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;[ANNUAL CONTRACT EXPENSES](#i6a8c7a642b0f405da7cd588a87395385_3209) | [26](#i6a8c7a642b0f405da7cd588a87395385_3209) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Core Contract Charge](#i6a8c7a642b0f405da7cd588a87395385_67) | [26](#i6a8c7a642b0f405da7cd588a87395385_67) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Annual Contract Maintenance Charge](#i6a8c7a642b0f405da7cd588a87395385_70) | [26](#i6a8c7a642b0f405da7cd588a87395385_70) |
| &nbsp;&nbsp;[ADD-ON BENEFIT EXPENSES](#i6a8c7a642b0f405da7cd588a87395385_3217) | [25](#i6a8c7a642b0f405da7cd588a87395385_73) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Guaranteed Minimum Withdrawal Benefit With Annual Step-Up ("AutoGuard](#i6a8c7a642b0f405da7cd588a87395385_88)[") Charge](#i6a8c7a642b0f405da7cd588a87395385_88) | [26](#i6a8c7a642b0f405da7cd588a87395385_88) |
| &nbsp;&nbsp;&nbsp;&nbsp;[For Life Guaranteed Minimum Withdrawal Benefit With Bonus And Step-Up ("Flex GMWB") Charge](#i6a8c7a642b0f405da7cd588a87395385_97) | [27](#i6a8c7a642b0f405da7cd588a87395385_97) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Joint For Life Guaranteed Minimum Withdrawal Benefit With Bonus And Step-Up ("Flex With Joint Option GMWB") Charge](#i6a8c7a642b0f405da7cd588a87395385_100) | [28](#i6a8c7a642b0f405da7cd588a87395385_100) |
| &nbsp;&nbsp;&nbsp;&nbsp;[For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive](#i6a8c7a642b0f405da7cd588a87395385_91)[Withdrawal Amount ("Flex Net GMWB") Charge](#i6a8c7a642b0f405da7cd588a87395385_91)  | [29](#i6a8c7a642b0f405da7cd588a87395385_91) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Joint For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount ("Flex Net with Joint Option GMWB") Charge](#i6a8c7a642b0f405da7cd588a87395385_94) | [30](#i6a8c7a642b0f405da7cd588a87395385_94) |
| &nbsp;&nbsp;&nbsp;&nbsp;[For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credit And Annual Step-Up ("LifeGuard Freedom Accelerator") Charge](#i6a8c7a642b0f405da7cd588a87395385_103) | [31](#i6a8c7a642b0f405da7cd588a87395385_103) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Joint For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credit And Annual Step-Up ("LifeGuard Freedom Accelerator with Joint Option") Charge](#i6a8c7a642b0f405da7cd588a87395385_106) | [32](#i6a8c7a642b0f405da7cd588a87395385_106) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Guaranteed Minimum Withdrawal Benefit For Stretch RMDs ("MarketGuard Stretch GMWB") Charge](#i6a8c7a642b0f405da7cd588a87395385_109) | [32](#i6a8c7a642b0f405da7cd588a87395385_109) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Four-Year Withdrawal Charge Period](#i6a8c7a642b0f405da7cd588a87395385_112) | [33](#i6a8c7a642b0f405da7cd588a87395385_112) |
| &nbsp;&nbsp;[ADD-ON DEATH BENEFIT EXPENSES](#i6a8c7a642b0f405da7cd588a87395385_3235) | [34](#i6a8c7a642b0f405da7cd588a87395385_3235) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Highest Anniversary Value](#i6a8c7a642b0f405da7cd588a87395385_79)[Guaranteed Minimum](#i6a8c7a642b0f405da7cd588a87395385_79)[Death Benefit Charge](#i6a8c7a642b0f405da7cd588a87395385_79) | [34](#i6a8c7a642b0f405da7cd588a87395385_79) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Flex DB NY Charge](#i6a8c7a642b0f405da7cd588a87395385_82) | [34](#i6a8c7a642b0f405da7cd588a87395385_82) |
| &nbsp;&nbsp;&nbsp;&nbsp;[LifeGuard Freedom Accelerator DB NY Charge](#i6a8c7a642b0f405da7cd588a87395385_85) | [35](#i6a8c7a642b0f405da7cd588a87395385_85) |
| &nbsp;&nbsp;CONTRACT ADJUSTMENTS | [35](#i6a8c7a642b0f405da7cd588a87395385_3745) |
| &nbsp;&nbsp;&nbsp;&nbsp;Market Value Adjustment | [35](#i6a8c7a642b0f405da7cd588a87395385_3754) |
| &nbsp;&nbsp;[FUND EXPENSES](#i6a8c7a642b0f405da7cd588a87395385_115) | [36](#i6a8c7a642b0f405da7cd588a87395385_115) |
| **[DISTRIBUTION OF CONTRACTS](#i6a8c7a642b0f405da7cd588a87395385_124)**  | **[37](#i6a8c7a642b0f405da7cd588a87395385_124)** |
| **[PURCHASES](#i6a8c7a642b0f405da7cd588a87395385_127)**  | **[39](#i6a8c7a642b0f405da7cd588a87395385_127)** |
| &nbsp;&nbsp;[Minimum Initial Premium](#i6a8c7a642b0f405da7cd588a87395385_130) | [39](#i6a8c7a642b0f405da7cd588a87395385_130) |
| &nbsp;&nbsp;[Minimum Additional Premiums](#i6a8c7a642b0f405da7cd588a87395385_133) | [39](#i6a8c7a642b0f405da7cd588a87395385_133) |
| &nbsp;&nbsp;[Maximum Premiums](#i6a8c7a642b0f405da7cd588a87395385_136) | [39](#i6a8c7a642b0f405da7cd588a87395385_136) |
| &nbsp;&nbsp;[Allocations of Premium](#i6a8c7a642b0f405da7cd588a87395385_139) | [39](#i6a8c7a642b0f405da7cd588a87395385_139) |
| &nbsp;&nbsp;[Capital Protection Program](#i6a8c7a642b0f405da7cd588a87395385_142) | [39](#i6a8c7a642b0f405da7cd588a87395385_142) |
| &nbsp;&nbsp;[Accumulation Units](#i6a8c7a642b0f405da7cd588a87395385_145) | [40](#i6a8c7a642b0f405da7cd588a87395385_145) |
| **[TRANSFERS AND FREQUENT TRANSFER RESTRICTIONS](#i6a8c7a642b0f405da7cd588a87395385_148)**  | **[40](#i6a8c7a642b0f405da7cd588a87395385_148)** |
| &nbsp;&nbsp;[Potential Limits and Conditions on Fixed Account Transfers](#i6a8c7a642b0f405da7cd588a87395385_151) | [41](#i6a8c7a642b0f405da7cd588a87395385_151) |
| &nbsp;&nbsp;[Restrictions on Transfers: Market Timing](#i6a8c7a642b0f405da7cd588a87395385_154) | [42](#i6a8c7a642b0f405da7cd588a87395385_154) |
| **[TELEPHONE AND INTERNET TRANSACTIONS](#i6a8c7a642b0f405da7cd588a87395385_157)**  | **[43](#i6a8c7a642b0f405da7cd588a87395385_157)** |
| &nbsp;&nbsp;[The Basics](#i6a8c7a642b0f405da7cd588a87395385_160) | [43](#i6a8c7a642b0f405da7cd588a87395385_160) |
| &nbsp;&nbsp;Financial Transactions | [43](#i6a8c7a642b0f405da7cd588a87395385_163) |
| &nbsp;&nbsp;Non-Financial Transactions | [43](#i6a8c7a642b0f405da7cd588a87395385_166) |
| &nbsp;&nbsp;[Our Procedures](#i6a8c7a642b0f405da7cd588a87395385_172) | [43](#i6a8c7a642b0f405da7cd588a87395385_172) |
| **[ACCESS TO YOUR MONEY](#i6a8c7a642b0f405da7cd588a87395385_175)**  | **[44](#i6a8c7a642b0f405da7cd588a87395385_175)** |
| &nbsp;&nbsp;[Waiver of Withdrawal](#i6a8c7a642b0f405da7cd588a87395385_178)[and Recapture](#i6a8c7a642b0f405da7cd588a87395385_178)[Charges](#i6a8c7a642b0f405da7cd588a87395385_178)[for Extended Care](#i6a8c7a642b0f405da7cd588a87395385_178) | [45](#i6a8c7a642b0f405da7cd588a87395385_178) |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;[Optional Four-Year Withdrawal Charge Period](#i6a8c7a642b0f405da7cd588a87395385_181) | [45](#i6a8c7a642b0f405da7cd588a87395385_181) |
| &nbsp;&nbsp;[Guaranteed Minimum Withdrawal Benefit Considerations](#i6a8c7a642b0f405da7cd588a87395385_184) | [45](#i6a8c7a642b0f405da7cd588a87395385_184) |
| &nbsp;&nbsp;[Guaranteed Minimum Withdrawal Benefit Important Special Considerations](#i6a8c7a642b0f405da7cd588a87395385_187) | [46](#i6a8c7a642b0f405da7cd588a87395385_187) |
| &nbsp;&nbsp;[Required Minimum Distributions under Certain Tax Qualified Plans ("RMDs")](#i6a8c7a642b0f405da7cd588a87395385_3534) | [46](#i6a8c7a642b0f405da7cd588a87395385_3534) |
| &nbsp;&nbsp;[Guaranteed Minimum Withdrawal Benefit With Annual Step-Up ("AutoGuard](#i6a8c7a642b0f405da7cd588a87395385_190)[")](#i6a8c7a642b0f405da7cd588a87395385_190) | [47](#i6a8c7a642b0f405da7cd588a87395385_190) |
| &nbsp;&nbsp;[Auto](#i6a8c7a642b0f405da7cd588a87395385_190)[Guard](#i6a8c7a642b0f405da7cd588a87395385_190) | <u>[47](#i6a8c7a642b0f405da7cd588a87395385_190)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp;[Guaranteed Minimum Withdrawal Benefits for a Single Life or two Covered Lives with Combinations of Optional Bonus Percentage Amounts, Annual or Quarterly Contract Value-Based Step-Ups, and Guaranteed Death Benefit ("Flex GMWB" and "Flex with Joint Option GMWB")](#i6a8c7a642b0f405da7cd588a87395385_199) | [51](#i6a8c7a642b0f405da7cd588a87395385_199) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Flex GMWB](#i6a8c7a642b0f405da7cd588a87395385_202) | [52](#i6a8c7a642b0f405da7cd588a87395385_202) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Flex with Joint Option GMWB](#i6a8c7a642b0f405da7cd588a87395385_205) | [62](#i6a8c7a642b0f405da7cd588a87395385_205) |
| &nbsp;&nbsp;[For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive](#i6a8c7a642b0f405da7cd588a87395385_193)[Withdrawal Amount ("Flex](#i6a8c7a642b0f405da7cd588a87395385_193)[Net GMWB")](#i6a8c7a642b0f405da7cd588a87395385_193)  | [72](#i6a8c7a642b0f405da7cd588a87395385_193) |
| &nbsp;&nbsp;[Joint For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings- Sensitive Withdrawal Amount ("](#i6a8c7a642b0f405da7cd588a87395385_196)[Flex](#i6a8c7a642b0f405da7cd588a87395385_196)[Net with Joint Option GMWB")](#i6a8c7a642b0f405da7cd588a87395385_196)  | [84](#i6a8c7a642b0f405da7cd588a87395385_196) |
| &nbsp;&nbsp;&nbsp;&nbsp;[For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credit And Annual Step-Up ("LifeGuard Freedom Accelerator")](#i6a8c7a642b0f405da7cd588a87395385_208) | [97](#i6a8c7a642b0f405da7cd588a87395385_208) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Joint For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credit And Annual Step-Up ("LifeGuard Freedom Accelerator with Joint Option")](#i6a8c7a642b0f405da7cd588a87395385_211) | [104](#i6a8c7a642b0f405da7cd588a87395385_211) |
| &nbsp;&nbsp;[Guaranteed Minimum Withdrawal Benefit For Stretch RMDs ("MarketGuard Stretch GMWB")](#i6a8c7a642b0f405da7cd588a87395385_214) | [112](#i6a8c7a642b0f405da7cd588a87395385_214) |
| &nbsp;&nbsp;[Automatic Withdrawal Program](#i6a8c7a642b0f405da7cd588a87395385_217) | [118](#i6a8c7a642b0f405da7cd588a87395385_217) |
| &nbsp;&nbsp;[Suspension of Withdrawals or Transfers](#i6a8c7a642b0f405da7cd588a87395385_220) | [118](#i6a8c7a642b0f405da7cd588a87395385_220) |
| **[INCOME PAYMENTS (THE INCOME PHASE)](#i6a8c7a642b0f405da7cd588a87395385_223)**  | **[118](#i6a8c7a642b0f405da7cd588a87395385_223)** |
| &nbsp;&nbsp;[Fixed Income Payments](#i6a8c7a642b0f405da7cd588a87395385_226) | [119](#i6a8c7a642b0f405da7cd588a87395385_226) |
| &nbsp;&nbsp;[Variable Income Payments](#i6a8c7a642b0f405da7cd588a87395385_229) | [119](#i6a8c7a642b0f405da7cd588a87395385_229) |
| &nbsp;&nbsp;[Income Options](#i6a8c7a642b0f405da7cd588a87395385_232) | [120](#i6a8c7a642b0f405da7cd588a87395385_232) |
| **[DEATH BENEFIT](#i6a8c7a642b0f405da7cd588a87395385_235)**  | **[120](#i6a8c7a642b0f405da7cd588a87395385_235)** |
| &nbsp;&nbsp;[Basic Death Benefit](#i6a8c7a642b0f405da7cd588a87395385_238) | [121](#i6a8c7a642b0f405da7cd588a87395385_238) |
| &nbsp;&nbsp;[Add-On](#i6a8c7a642b0f405da7cd588a87395385_241)[Death Benefits](#i6a8c7a642b0f405da7cd588a87395385_241) | [121](#i6a8c7a642b0f405da7cd588a87395385_241) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Highest Anniversary Value](#i6a8c7a642b0f405da7cd588a87395385_244)[Guaranteed Minimum](#i6a8c7a642b0f405da7cd588a87395385_244)[Death Benefit](#i6a8c7a642b0f405da7cd588a87395385_244) | [121](#i6a8c7a642b0f405da7cd588a87395385_244) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Flex DB NY](#i6a8c7a642b0f405da7cd588a87395385_247) | [122](#i6a8c7a642b0f405da7cd588a87395385_247) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[LifeGuard Freedom Accelerator DB NY](#i6a8c7a642b0f405da7cd588a87395385_250) | [124](#i6a8c7a642b0f405da7cd588a87395385_250) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Payout Options](#i6a8c7a642b0f405da7cd588a87395385_253) | [126](#i6a8c7a642b0f405da7cd588a87395385_253) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Pre-Selected Payout Options](#i6a8c7a642b0f405da7cd588a87395385_256) | [126](#i6a8c7a642b0f405da7cd588a87395385_256) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Spousal Continuation Option](#i6a8c7a642b0f405da7cd588a87395385_259) | [126](#i6a8c7a642b0f405da7cd588a87395385_259) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Death of Owner On or After the Income Date](#i6a8c7a642b0f405da7cd588a87395385_262) | [127](#i6a8c7a642b0f405da7cd588a87395385_262) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Death of Annuitant](#i6a8c7a642b0f405da7cd588a87395385_265) | [127](#i6a8c7a642b0f405da7cd588a87395385_265) |
| &nbsp;&nbsp;&nbsp;&nbsp;[Stretch Contracts](#i6a8c7a642b0f405da7cd588a87395385_268) | [127](#i6a8c7a642b0f405da7cd588a87395385_268) |
| **[TAXES](#i6a8c7a642b0f405da7cd588a87395385_271)**  | **[127](#i6a8c7a642b0f405da7cd588a87395385_271)** |
| &nbsp;&nbsp;[Contract Owner Taxation](#i6a8c7a642b0f405da7cd588a87395385_274) | [127](#i6a8c7a642b0f405da7cd588a87395385_274) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Tax-Qualified and Non-Qualified Contracts](#i6a8c7a642b0f405da7cd588a87395385_277) | [127](#i6a8c7a642b0f405da7cd588a87395385_277) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Non-Qualified Contracts – General Taxation](#i6a8c7a642b0f405da7cd588a87395385_280) | [128](#i6a8c7a642b0f405da7cd588a87395385_280) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Non-Qualified Contracts – Aggregation of Contracts](#i6a8c7a642b0f405da7cd588a87395385_283) | [128](#i6a8c7a642b0f405da7cd588a87395385_283) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Non-Qualified Contracts – Withdrawals and Income Payments](#i6a8c7a642b0f405da7cd588a87395385_286) | [128](#i6a8c7a642b0f405da7cd588a87395385_286) |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Non-Qualified Contracts – Required Distributions](#i6a8c7a642b0f405da7cd588a87395385_289) | [129](#i6a8c7a642b0f405da7cd588a87395385_289) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Non-Qualified Contracts – 1035 Exchanges](#i6a8c7a642b0f405da7cd588a87395385_292) | [129](#i6a8c7a642b0f405da7cd588a87395385_292) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Tax-Qualified Contracts – Withdrawals and Income Payments](#i6a8c7a642b0f405da7cd588a87395385_295) | [129](#i6a8c7a642b0f405da7cd588a87395385_295) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Withdrawals – Tax-Sheltered Annuities](#i6a8c7a642b0f405da7cd588a87395385_298) | [129](#i6a8c7a642b0f405da7cd588a87395385_298) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Withdrawals – Roth IRAs](#i6a8c7a642b0f405da7cd588a87395385_301) | [129](#i6a8c7a642b0f405da7cd588a87395385_301) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Death Benefits](#i6a8c7a642b0f405da7cd588a87395385_307) | [129](#i6a8c7a642b0f405da7cd588a87395385_307) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Assignment](#i6a8c7a642b0f405da7cd588a87395385_313) | [130](#i6a8c7a642b0f405da7cd588a87395385_313) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Diversification](#i6a8c7a642b0f405da7cd588a87395385_316) | [130](#i6a8c7a642b0f405da7cd588a87395385_316) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Owner Control](#i6a8c7a642b0f405da7cd588a87395385_319) | [130](#i6a8c7a642b0f405da7cd588a87395385_319) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Withholding](#i6a8c7a642b0f405da7cd588a87395385_322) | [130](#i6a8c7a642b0f405da7cd588a87395385_322) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Annuity Purchases by Nonresident Aliens and Foreign Corporations](#i6a8c7a642b0f405da7cd588a87395385_3453) | [130](#i6a8c7a642b0f405da7cd588a87395385_3453) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Definition of Spouse](#i6a8c7a642b0f405da7cd588a87395385_3267) | [131](#i6a8c7a642b0f405da7cd588a87395385_3267) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Transfers, Assignments or Exchanges of a Contract](#i6a8c7a642b0f405da7cd588a87395385_3262) | [131](#i6a8c7a642b0f405da7cd588a87395385_3262) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[Tax Law Changes](#i6a8c7a642b0f405da7cd588a87395385_3257) | [131](#i6a8c7a642b0f405da7cd588a87395385_3257) |
| &nbsp;&nbsp;[Jackson of NY Taxation](#i6a8c7a642b0f405da7cd588a87395385_325) | [131](#i6a8c7a642b0f405da7cd588a87395385_325) |
| **[OTHER INFORMATION](#i6a8c7a642b0f405da7cd588a87395385_328)**  | **[131](#i6a8c7a642b0f405da7cd588a87395385_328)** |
| &nbsp;&nbsp;[Dollar Cost Averaging](#i6a8c7a642b0f405da7cd588a87395385_331) | [131](#i6a8c7a642b0f405da7cd588a87395385_331) |
| &nbsp;&nbsp;[Dollar Cost Averaging Plus (DCA+)](#i6a8c7a642b0f405da7cd588a87395385_334) | [132](#i6a8c7a642b0f405da7cd588a87395385_334) |
| &nbsp;&nbsp;[Earnings Sweep](#i6a8c7a642b0f405da7cd588a87395385_337) | [132](#i6a8c7a642b0f405da7cd588a87395385_337) |
| &nbsp;&nbsp;[Rebalancing](#i6a8c7a642b0f405da7cd588a87395385_340) | [132](#i6a8c7a642b0f405da7cd588a87395385_340) |
| &nbsp;&nbsp;[Free Look](#i6a8c7a642b0f405da7cd588a87395385_343) | [132](#i6a8c7a642b0f405da7cd588a87395385_343) |
| &nbsp;&nbsp;[Advertising](#i6a8c7a642b0f405da7cd588a87395385_346) | [133](#i6a8c7a642b0f405da7cd588a87395385_346) |
| &nbsp;&nbsp;[Modification of Your Contract](#i6a8c7a642b0f405da7cd588a87395385_349) | [133](#i6a8c7a642b0f405da7cd588a87395385_349) |
| &nbsp;&nbsp;[Confirmation of Transactions](#i6a8c7a642b0f405da7cd588a87395385_352) | [133](#i6a8c7a642b0f405da7cd588a87395385_352) |
| &nbsp;&nbsp;[Delivery of Fund Reports](#i6a8c7a642b0f405da7cd588a87395385_3276) | [133](#i6a8c7a642b0f405da7cd588a87395385_3276) |
| &nbsp;&nbsp;[Legal Proceedings](#i6a8c7a642b0f405da7cd588a87395385_355) | [133](#i6a8c7a642b0f405da7cd588a87395385_355) |
| **[APPENDIX A](#i6a8c7a642b0f405da7cd588a87395385_3284)**[(](#i6a8c7a642b0f405da7cd588a87395385_3284)[Investment Options](#i6a8c7a642b0f405da7cd588a87395385_3284)[Available Under the Contract)](#i6a8c7a642b0f405da7cd588a87395385_3284) | **A-[1](#i6a8c7a642b0f405da7cd588a87395385_361)** |
| **[APPENDIX B](#i6a8c7a642b0f405da7cd588a87395385_361)**[(Trademarks, Services Marks, and Related Disclosures)](#i6a8c7a642b0f405da7cd588a87395385_361) | **B-[1](#i6a8c7a642b0f405da7cd588a87395385_364)** |
| **[APPENDIX C](#i6a8c7a642b0f405da7cd588a87395385_364)**[(](#i6a8c7a642b0f405da7cd588a87395385_364)[Selling Firm](#i6a8c7a642b0f405da7cd588a87395385_364)[Support)](#i6a8c7a642b0f405da7cd588a87395385_364) | **C-[1](#i6a8c7a642b0f405da7cd588a87395385_367)** |
| **[APPENDIX D](#i6a8c7a642b0f405da7cd588a87395385_367)**[(GMWB Prospectus Examples)](#i6a8c7a642b0f405da7cd588a87395385_367) | **D-[1](#i6a8c7a642b0f405da7cd588a87395385_370)** |
| **[APPENDIX](#i6a8c7a642b0f405da7cd588a87395385_3355)[E](#i6a8c7a642b0f405da7cd588a87395385_3355)**[(](#i6a8c7a642b0f405da7cd588a87395385_3355)[Add-On](#i6a8c7a642b0f405da7cd588a87395385_3355)[Death Benefit](#i6a8c7a642b0f405da7cd588a87395385_3355)[Prospectus Examples)](#i6a8c7a642b0f405da7cd588a87395385_3355) | **E-1** |
| **[APPENDIX](#i6a8c7a642b0f405da7cd588a87395385_370)[F](#i6a8c7a642b0f405da7cd588a87395385_370)**[(Historical Add-On Benefit Charges)](#i6a8c7a642b0f405da7cd588a87395385_370) | **F-1** |
| **APPENDIX G** (Historical Add-On Benefit Rates) | **G-<u>[1](#i6a8c7a642b0f405da7cd588a87395385_3776)</u>** |
| **[APPENDIX](#i6a8c7a642b0f405da7cd588a87395385_3513)[H](#i6a8c7a642b0f405da7cd588a87395385_3513)**[(Historical Benefit Descriptions for Flex GMWB and Flex with Joint Option GMWB)](#i6a8c7a642b0f405da7cd588a87395385_3513) | **H-[1](#i6a8c7a642b0f405da7cd588a87395385_3513)** |
| **[APPENDIX](#i6a8c7a642b0f405da7cd588a87395385_3562)[I](#i6a8c7a642b0f405da7cd588a87395385_3562)**[(Historical Post-Issue Rates)](#i6a8c7a642b0f405da7cd588a87395385_3562) | **I-[1](#i6a8c7a642b0f405da7cd588a87395385_3562)** |
| **[APPENDIX](#i6a8c7a642b0f405da7cd588a87395385_3765)[J](#i6a8c7a642b0f405da7cd588a87395385_3765)**[(Financial Intermediary V](#i6a8c7a642b0f405da7cd588a87395385_3765)[ariations)](#i6a8c7a642b0f405da7cd588a87395385_3765) | **J-[1](#i6a8c7a642b0f405da7cd588a87395385_3765)** |
| **[CONTACT US](#i6a8c7a642b0f405da7cd588a87395385_382)** | **K-[1](#i6a8c7a642b0f405da7cd588a87395385_382)** |
| **[WHERE TO FIND ADDITIONAL INFORMATION](#i6a8c7a642b0f405da7cd588a87395385_358)** | **K-[2](#i6a8c7a642b0f405da7cd588a87395385_358)** |

---

------

**GLOSSARY**

**These terms are capitalized when used throughout this prospectus because they have special meaning. In reading this prospectus, please refer back to this glossary if you have any questions about these terms.**

**<u>Accumulation Unit</u>** – a unit of measure we use to calculate the value in an Investment Division prior to the Income Date.

**<u>Annuitant</u>** – the natural person on whose life annuity payments for this Contract are based. The Contract allows for the naming of joint Annuitants. Any reference to the Annuitant includes any joint Annuitant.

**<u>Annuity Unit</u>** – a unit of measure we use in calculating the value of a variable annuity payment on and after the Income Date.

**<u>Beneficiary</u>** – the natural person or legal entity designated to receive any Contract benefits upon the Owner's death. The Contract allows for the naming of multiple Beneficiaries.

**<u>Business Day</u> –** each day that the New York Stock Exchange is open for business.

**<u>Completed Year</u>** – the succeeding twelve months from the date on which we receive a Premium payment. Completed Years specify the years from the date of receipt of the Premium and does not refer to Contract Years. If the Premium receipt date is on the Issue Date of the Contract then Completed Year 0-1 does not include the first Contract Anniversary. The first Contract Anniversary begins Completed Year 1-2 and each successive Completed Year begins with the Contract Anniversary of the preceding Contract Year and ends the day before the next Contract Anniversary.

For example, if the Premium receipt date is other than the Issue Date or a subsequent Contract Anniversary, there is no correlation of the Contract Anniversary date and Completed Years. For example, if the Issue Date is January 15, 2026 and a Premium payment is received on February 28, 2026 then, although the first Contract Anniversary is January 15, 2027, Completed Year 0-1 for that Premium payment would begin on February 28, 2026 and end on February 27, 2027. Completed Year 1-2 for that Premium payment would begin on February 28, 2027.

**<u>Contract</u>** – the individual deferred variable and fixed annuity contract and any optional endorsements you may have selected.

**<u>Contract Anniversary</u>** – each one-year anniversary of the Contract's Issue Date.

**<u>Contract Month</u> –** the period of time between consecutive monthly anniversaries of the Contract's Issue Date.

**<u>Contract Monthly Anniversary</u>** – each one-month anniversary of the Contract's Issue Date.

**<u>Contract Quarter</u>** – the period of time between consecutive three-month anniversaries of the Contract's Issue Date.

**<u>Contract Quarterly Anniversary</u>** – each three-month anniversary of the Contract's Issue Date.

**<u>Contract Value</u>** – the sum of allocations between the Contract's Investment Divisions and Fixed Account Options.

**<u>Contract Year</u>** – the succeeding twelve months from a Contract's Issue Date and every anniversary. The first Contract Year (Contract Year 0-1) starts on the Contract's Issue Date and extends to, but does not include, the first Contract Anniversary. Subsequent Contract Years start on an anniversary date and extend to, but do not include, the next anniversary date.

For example, if the Issue Date is January 15, 2026, then the end of Contract Year 0-1 would be January 14, 2027, and January 15, 2027, which is the first Contract Anniversary, begins Contract Year 1-2.

**<u>Designated Life</u>** - the natural person on whose life various add-on living benefit features are based.

**<u>Fixed Account</u>** – part of our General Account to which the Contract Value you allocate is guaranteed to earn a stated rate of return over the specified period. The Fixed Account consists of the Fixed Account Options.

**<u>Fixed Account Option</u>** – a Contract option within the Fixed Account for a specific period under which a stated rate of return will be credited.

**<u>Fund</u> –** a registered investment company in which an Investment Division of the Separate Account invests.

**<u>General Account</u>** – the General Account includes all our assets, including any Contract Value allocated to the Fixed Account, which are available to our creditors.

**<u>Good Order</u>** – when our administrative requirements, including all information, documentation and instructions deemed necessary by us, in our sole discretion, are met in order to issue a Contract or execute any requested transaction pursuant to the terms of the Contract.

**<u>Income Date</u>** – the date on which you begin receiving annuity payments.

**<u>Investment Division</u>** – one of multiple variable options of the Separate Account to allocate your Contract's value, each of which exclusively invests in a different available Fund. The Investment Divisions are called variable because the return on investment is not guaranteed.

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**<u>Issue Date</u>** – the date your Contract is issued.

**<u>Jackson of NY, JNLNY, we, our, or us</u>** – Jackson National Life Insurance Company of New York. (We do not capitalize "we," "our," or "us" in the prospectus.)

**<u>Latest Income Date</u>** – the Contract Anniversary on which the Owner will be 95 years old, or such date allowed by the Company on a non-discriminatory basis or as required by an applicable qualified plan, law or regulation.

**<u>Market Value Adjustment</u>** – an adjustment to the Contract Value that is withdrawn or transferred from a Fixed Account Option before the end of the selected Fixed Account Option period.

**<u>Owner, you or your</u>** – the natural person or legal entity entitled to exercise all rights and privileges under the Contract. Usually, but not always, the Owner is the Annuitant. The Contract allows for the naming of joint Owners. (We do not capitalize "you" or "your" in the prospectus.) Any reference to the Owner includes any joint Owner.

**<u>Premium(s)</u>** – considerations paid into the Contract by or on behalf of the Owner.

**<u>Rate Sheet Prospectus Supplement</u>** - a supplement to the prospectus that lists certain values currently applicable to new purchases of add-on benefits.

**<u>Remaining Premium</u>** – total Premium paid into the Contract, reduced by withdrawals of Premium, including the withdrawal charges, before withdrawals are adjusted for any applicable Market Value Adjustments or charges.

**<u>Required Minimum Distributions (RMDs)</u> –** for certain qualified contracts, the amount defined under the Internal Revenue Code as the minimum distribution requirement as applied to your Contract only. This definition excludes any withdrawal necessary to satisfy the minimum distribution requirements of the Internal Revenue Code if the Contract is purchased with contributions from a nontaxable transfer after the death of the owner of a qualified contract. Different rules apply for the MarketGuard Stretch GMWB as described in the "MarketGuard Stretch GMWB" section.

**<u>Separate Account</u>** – JNLNY Separate Account I. The Separate Account is divided into sub-accounts generally referred to as Investment Divisions.

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**OVERVIEW OF THE CONTRACT**

**Purpose of the Contract**

The Perspective II Contract is intended to help you save for retirement or another long-term investment purpose through investments in a variety of investment options during the accumulation phase. The Contract also offers death benefits to protect your designated beneficiaries. Through the annuitization feature, the Contract can supplement your retirement income by providing a stream of income payments. The Contract also offers certain add-on living benefits that provide you with the ability to take guaranteed withdrawals. This Contract 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 Funds.

**Phases of the Contract**

Your Contract has two phases: the accumulation phase, when you make Premium payments to us, and the income phase, when we make income payments to you.

***Accumulation Phase***

During the accumulation phase, to help you accumulate assets, you can allocate your Premium payments to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a variety of Investment Divisions. Each Investment Division invests in a corresponding (mutual fund) Fund, each of which has its own investment strategies, investment adviser(s), expense ratios, and returns; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a variety of Fixed Account Options, subject to availability, which offer a guaranteed fixed interest rate for a specified period. The Fixed Account Options are not available if you elect certain add-on benefits.

**A list of Funds and additional information about the Funds in which the Investment Divisions currently invest is provided in Appendix A: Funds Available Under the Contract.**

***Income Phase***

You can elect to annuitize your Contract and turn your Contract Value into a stream of fixed and/or variable income payments from us. (Variable payments depend on the performance of the Investment Divisions.) Currently, we offer income options that provide payments for (i) the life of the Annuitant(s), (ii) a specified period, or (iii) a combination of life and a specified period. We may offer other options, at our discretion, where permitted by state law. At the Income Date, you can choose to receive fixed payments or variable payments.

Please note that if you annuitize, your Contract Value will be converted to income payments and you may no longer withdraw money at will from your Contract. All add-on benefits terminate when you begin taking income payments.

**Contract Features**

**Accessing your money.** Until you annuitize, you have full access to your money. You can choose to withdraw your Contract Value at any time (although if you withdraw early, you may have to pay a withdrawal charge, a contract maintenance charge, charges due under any optional endorsement, a Market Value Adjustment, and/or taxes, including tax penalties). Certain withdrawals could substantially reduce or even terminate the benefits available under the Contract.

**Tax treatment.** Your Premium payments accumulate on a tax-deferred basis. This means your earnings are not taxed until you take money out of your Contract, such as when (1) you make a withdrawal; (2) you receive an income payment from the Contract; or (3) upon payment of a death benefit.

**Death benefits.** Your Contract includes a Basic Death Benefit that will pay your designated Beneficiaries the greater of: (i) your Contract Value on the date we receive all required documentation from your Beneficiary; or (ii) the total Premiums you have paid since your Contract was issued reduced for prior withdrawals (including any applicable charges and adjustments) in the same proportion that the Contract Value was reduced on the date of the withdrawal. You can purchase add-on death benefits under the Contract that provide additional death benefits for an additional fee. These add-on death benefits may increase the amount of money payable to your designated Beneficiaries upon your death.

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**Add-on benefits that occur during your lifetime.** For an additional fee, you can purchase a guaranteed minimum withdrawal benefit (GMWB) that guarantees the withdrawal of a minimum annual amount (GAWA) for a specified period or for life, regardless of the performance of the underlying investment options, subject to certain conditions. Some add-on benefits may provide significant incentives for not taking the guaranteed withdrawals. In addition, exercising your right to opt out of charge increases to the add-on benefits will impact your ability to make subsequent premium payments into your Contract, and cut off some of the features of the add-on benefits. All add-on benefits terminate when you annuitize your Contract voluntarily or on the Latest Income Date, including the For Life payments guaranteed by the benefits. Some add-on benefits may provide an income option that allows the equivalent of For Life payments when you annuitize on the Latest Income Date.

**Extended Care Benefit.** At no additional charge, we currently include an Extended Care Benefit with all Contracts. This benefit increases the amount that can be withdrawn from your Contract without a withdrawal charge when certain qualifying events occur.

**Rebalancing.** At no additional charge, you can arrange to have us automatically reallocate your Contract Value among Investment Divisions and the one-year Fixed Account Option (if currently available) periodically to maintain your selected allocation percentages. Certain restrictions apply.

**Dollar Cost Averaging.** Alternately, at no additional charge, you may select either (i) Dollar Cost Averaging, which automatically transfers a dollar amount or percentage of money periodically from the one-year Fixed Account Option or any of the Investment Divisions into the Investment Divisions and other Fixed Account Options, or (ii) Dollar Cost Averaging Plus (DCA+), which automatically transfers a dollar amount or percentage of money periodically from the DCA+ Fixed Account Option to Investment Divisions or other Fixed Account Options. Certain restrictions apply.

**Earnings Sweep.** At no additional charge, you can choose to move your earnings from the one-year Fixed Account Option, if currently available, and the JNL/Dreyfus Government Money Market Investment Division. Restrictions apply.

**Contract Adjustments**

**Market Value Adjustment:** A Market Value Adjustment ("MVA") may apply to amounts withdrawn or transferred from the Fixed Account during a Fixed Account Option term. The Market Value Adjustment reflects changes in the level of interest rates since the Issue Date. Market Value Adjustments protect the Company from risks related to the value of the fixed investment instruments supporting the Contract guarantees if amounts are withdrawn prematurely. The Market Value Adjustment shifts the risk from the Company to you. The application of a Market Value Adjustment could result in a reduction in the amount you receive from a withdrawal, and in extreme circumstances, such losses could be as high as 100% of any credited interest. However, a Market Value Adjustment will never cause you to lose any of your original investment. A Market Value Adjustment could also increase the amount you receive from a withdrawal in certain market conditions. A Market Value Adjustment will not otherwise affect the values under your Contract.

There is no Market Value Adjustment on: amounts taken from the one-year Fixed Account Option; death benefit payments; payments pursuant to a life contingent income option or an income option resulting in payments spread over at least five years; amounts withdrawn for Contract charges; free withdrawals; amounts removed from any Fixed Account Option on the Latest Income Date and amounts removed from any Fixed Account Option in the 30-day period following the end of a Fixed Account Option term. In no event will the amount of a total withdrawal or transfer from the Fixed Account Options be less than the Fixed Account Minimum Value. In the case of a withdrawal or transfer from a Fixed Account Option, the amount withdrawn or transferred will have been credited with interest at a rate at least equal to the Fixed Account minimum interest rate, even if subject to a Market Value Adjustment that otherwise would have reduced it below that rate.

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**IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT**

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|:---|:---|:---|:---|:---|
| | **FEES, EXPENSES, AND ADJUSTMENTS** | **FEES, EXPENSES, AND ADJUSTMENTS** | **FEES, EXPENSES, AND ADJUSTMENTS** | **LOCATION IN PROSPECTUS** |
| **Are There Charges or Adjustments for Early Withdrawals?** | **Yes.** If you withdraw money from your Contract within 7 Complete Years following your last Premium payment, you will be assessed a withdrawal charge. The maximum withdrawal charge is 7.0% of the Remaining Premium withdrawn during the first Completed Year. For example, if you make an early withdrawal within the first Completed Year, you could pay a withdrawal charge of up to $7,000 on a $100,000 investment. The withdrawal charge then declines by 1% per year for each additional Completed Year, until the end of the seventh Completed Year, after which no charge is made.<br>In addition, if all or a portion of Contract Value is removed from a Fixed Account Option before the end of the Fixed Account Option term, we will apply a Market Value Adjustment, which may be negative. The Market Value Adjustment applies to partial or total withdrawals, transfers, or annuitizations from a Fixed Account Option prior to the end of the specified Fixed Account Option term. You could lose up to 100% of any credited interest due to this Market Value Adjustment. However, a negative Market Value Adjustment will never cause you to lose any of your original investment. For example, if you allocate $100,000 to a 3-year Fixed Account Option, and earn 2.5% interest annually, after one year your investment has grown to $102,500. If you then withdraw the entire amount after only one year, you could lose up to $2,500 of your credited interest. This loss will be greater if you also have to pay a Withdrawal Charge, taxes, and tax penalties. | **Yes.** If you withdraw money from your Contract within 7 Complete Years following your last Premium payment, you will be assessed a withdrawal charge. The maximum withdrawal charge is 7.0% of the Remaining Premium withdrawn during the first Completed Year. For example, if you make an early withdrawal within the first Completed Year, you could pay a withdrawal charge of up to $7,000 on a $100,000 investment. The withdrawal charge then declines by 1% per year for each additional Completed Year, until the end of the seventh Completed Year, after which no charge is made.<br>In addition, if all or a portion of Contract Value is removed from a Fixed Account Option before the end of the Fixed Account Option term, we will apply a Market Value Adjustment, which may be negative. The Market Value Adjustment applies to partial or total withdrawals, transfers, or annuitizations from a Fixed Account Option prior to the end of the specified Fixed Account Option term. You could lose up to 100% of any credited interest due to this Market Value Adjustment. However, a negative Market Value Adjustment will never cause you to lose any of your original investment. For example, if you allocate $100,000 to a 3-year Fixed Account Option, and earn 2.5% interest annually, after one year your investment has grown to $102,500. If you then withdraw the entire amount after only one year, you could lose up to $2,500 of your credited interest. This loss will be greater if you also have to pay a Withdrawal Charge, taxes, and tax penalties. | **Yes.** If you withdraw money from your Contract within 7 Complete Years following your last Premium payment, you will be assessed a withdrawal charge. The maximum withdrawal charge is 7.0% of the Remaining Premium withdrawn during the first Completed Year. For example, if you make an early withdrawal within the first Completed Year, you could pay a withdrawal charge of up to $7,000 on a $100,000 investment. The withdrawal charge then declines by 1% per year for each additional Completed Year, until the end of the seventh Completed Year, after which no charge is made.<br>In addition, if all or a portion of Contract Value is removed from a Fixed Account Option before the end of the Fixed Account Option term, we will apply a Market Value Adjustment, which may be negative. The Market Value Adjustment applies to partial or total withdrawals, transfers, or annuitizations from a Fixed Account Option prior to the end of the specified Fixed Account Option term. You could lose up to 100% of any credited interest due to this Market Value Adjustment. However, a negative Market Value Adjustment will never cause you to lose any of your original investment. For example, if you allocate $100,000 to a 3-year Fixed Account Option, and earn 2.5% interest annually, after one year your investment has grown to $102,500. If you then withdraw the entire amount after only one year, you could lose up to $2,500 of your credited interest. This loss will be greater if you also have to pay a Withdrawal Charge, taxes, and tax penalties. | **<u>Charges- Transaction Expenses: Withdrawal Charge</u>** |
| **Are There Transaction Charges?** | **Yes.** In addition to withdrawal charges and contract adjustments, you also may be charged for other transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds. | **Yes.** In addition to withdrawal charges and contract adjustments, you also may be charged for other transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds. | **Yes.** In addition to withdrawal charges and contract adjustments, you also may be charged for other transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds. | **<u>Charges- Transaction Expenses</u>** |
| **Are There Ongoing Fees and Expenses?**<br>(annual charges) | **Yes.** The table below describes the fees and expenses that you may pay *each year*, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected. | **Yes.** The table below describes the fees and expenses that you may pay *each year*, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected. | **Yes.** The table below describes the fees and expenses that you may pay *each year*, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected. | **<u>Charges- Add-On Benefit Expenses, Add-On Death Benefit Expenses</u>** |
| **Are There Ongoing Fees and Expenses?**<br>(annual charges) | &nbsp;&nbsp;&nbsp;&nbsp;**ANNUAL FEE** | **MINIMUM** | **MAXIMUM** | |
| **Are There Ongoing Fees and Expenses?**<br>(annual charges) | 1. Base Contract<sup>1</sup> | 1.41% | 1.41% | **<u>Charges- Annual Contract Expenses: Core Contract Charge</u>** |
| **Are There Ongoing Fees and Expenses?**<br>(annual charges) | 2. Fund fees and expenses<sup>2</sup> | 0.52% | 2.38% | **<u>Charges- Fund Expenses</u>** |
| **Are There Ongoing Fees and Expenses?**<br>(annual charges) | 3. Optional benefits available for an additional charge (for a single optional benefit, if elected)<sup>3</sup> | See current Rate Sheet Prospectus Supplement | See current Rate Sheet Prospectus Supplement | **<u>Charges- Add-On Benefit Expenses</u>**<br>**<u>Rate Sheet Prospectus Supplement</u>** |
|  | 1.As a percentage of daily average Contract Value of the Investment Divisions.<br>2.As a percentage of average Fund net assets.<br>3.This prospectus utilizes Rate Sheet Prospectus Supplements to describe the current minimum and maximum charges you would pay for a single optional benefit, if elected. To obtain a copy of the most recent Rate Sheet Prospectus Supplement(s), please visit <u>www.jackson.com/product-literature-4.html</u>. | 1.As a percentage of daily average Contract Value of the Investment Divisions.<br>2.As a percentage of average Fund net assets.<br>3.This prospectus utilizes Rate Sheet Prospectus Supplements to describe the current minimum and maximum charges you would pay for a single optional benefit, if elected. To obtain a copy of the most recent Rate Sheet Prospectus Supplement(s), please visit <u>www.jackson.com/product-literature-4.html</u>. | 1.As a percentage of daily average Contract Value of the Investment Divisions.<br>2.As a percentage of average Fund net assets.<br>3.This prospectus utilizes Rate Sheet Prospectus Supplements to describe the current minimum and maximum charges you would pay for a single optional benefit, if elected. To obtain a copy of the most recent Rate Sheet Prospectus Supplement(s), please visit <u>www.jackson.com/product-literature-4.html</u>. |  |

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| Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, **which could add surrender (withdrawal) charges and negative Contract Adjustments that substantially increase costs**. | Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, **which could add surrender (withdrawal) charges and negative Contract Adjustments that substantially increase costs**. | Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, **which could add surrender (withdrawal) charges and negative Contract Adjustments that substantially increase costs**. | Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, **which could add surrender (withdrawal) charges and negative Contract Adjustments that substantially increase costs**. |
| | &nbsp;&nbsp;**LOWEST ANNUAL COST: See Current Rate Sheet Prospectus Supplement** | **HIGHEST ANNUAL COST: See Current Rate Sheet Prospectus Supplement** | **<u>Rate Sheet Prospectus Supplement</u>** |
|  | Assumes:<br>&nbsp;&nbsp;&nbsp;&nbsp;• Investment of $100,000<br>&nbsp;&nbsp;&nbsp;&nbsp;• 5% annual appreciation<br>&nbsp;&nbsp;&nbsp;&nbsp;• Least expensive combination of Fund fees and expenses<br>&nbsp;&nbsp;&nbsp;&nbsp;• No add-on benefits<br>&nbsp;&nbsp;&nbsp;&nbsp;• No sales charges<br>&nbsp;&nbsp;&nbsp;&nbsp;• No additional purchase payments, transfers or withdrawals | Assumes:<br>&nbsp;&nbsp;&nbsp;&nbsp;• Investment of $100,000<br>&nbsp;&nbsp;&nbsp;&nbsp;• 5% annual appreciation<br>&nbsp;&nbsp;&nbsp;&nbsp;• Most expensive combination of add-on benefits and Fund fees and expenses<br>&nbsp;&nbsp;&nbsp;&nbsp;• No sales charges<br>&nbsp;&nbsp;&nbsp;&nbsp;• No additional purchase payments, transfers or withdrawals |  |
|  | **RISKS** | **RISKS** | **Location in Prospectus** |
| **Is There a Risk of Loss from Poor Performance?** | **Yes.** You can lose money by investing in this Contract. | **Yes.** You can lose money by investing in this Contract. | **<u>Principal Risks</u>** |
| **Is this a Short-Term Investment?** | **No.** This Contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash.<br>Withdrawal charges apply for up to 7 years following your last Premium payment. They will reduce the value of your Contract if you withdraw money during that time. Amounts removed from a Fixed Account Option prior to the end of a Fixed Account Option term may also result in a negative Market Value Adjustment.The benefits of tax deferral and living benefit protections also mean the Contract is more beneficial to investors with a long time horizon. | **No.** This Contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash.<br>Withdrawal charges apply for up to 7 years following your last Premium payment. They will reduce the value of your Contract if you withdraw money during that time. Amounts removed from a Fixed Account Option prior to the end of a Fixed Account Option term may also result in a negative Market Value Adjustment.The benefits of tax deferral and living benefit protections also mean the Contract is more beneficial to investors with a long time horizon. | **<u>Principal Risks</u>** |
| **What Are the Risks Associated with the Investment Options?** | An investment in this Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options you choose. Each investment option (Investment Divisions and Fixed Account Options) has its own unique risks. Early withdrawals from a Fixed Account Option may be subject to a Market Value Adjustment. You should review the investment options before making an investment decision. | An investment in this Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options you choose. Each investment option (Investment Divisions and Fixed Account Options) has its own unique risks. Early withdrawals from a Fixed Account Option may be subject to a Market Value Adjustment. You should review the investment options before making an investment decision. | **<u>Principal Risks</u>** |
| **What Are the Risks Related to the Insurance Company?** | Any obligations (including under the Fixed Account Options), guarantees, and benefits of the Contract are subject to the claims-paying ability of Jackson of NY. More information about Jackson of NY is available upon request by visiting our website at <u>www.jackson.com</u> or by calling 1-800-599-5651. | Any obligations (including under the Fixed Account Options), guarantees, and benefits of the Contract are subject to the claims-paying ability of Jackson of NY. More information about Jackson of NY is available upon request by visiting our website at <u>www.jackson.com</u> or by calling 1-800-599-5651. | **<u>Principal Risks</u>** |

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| | **RESTRICTIONS** | |
| **Are There Restrictions on the Investment Options?** | **Yes.** <br>**Premium Payments.**<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The minimum initial Premium payment must be at least $10,000 for a non-qualified plan Contract, or $5,000 for a qualified plan Contract. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The minimum subsequent Premium payment must be at least $500 ($50 for an automatic payment plan).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The maximum aggregate Premium payments you may make without our prior approval is $1 million.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• There is a minimum allocation requirement of $100. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• We reserve the right, in our discretion, to limit, restrict, suspend or reject any or all initial or subsequent Premium payments and to limit the amount, frequency or timing of Premium payments, at any time on a non-discriminatory basis.<br>**Transfers.**<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• We reserve the right to charge $25 for each transfer when you transfer money between Investment Divisions in excess of 25 times in a Contract Year.<br>**Investment Restrictions**<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Jackson of NY may remove or substitute Funds as investment options available under the Contract, and may limit or suspend availability of the Fixed Account Options.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The availability of investment options may vary depending on the broker-dealer or financial intermediary through which the Contract is sold. You should discuss with your financial professional any limitations or restrictions on investment options that apply through their broker-dealer.  | **<u>Purchases</u>**<br>**<u>Principal Risks</u>**<br>**<u>Appendix J: Financial Intermediary Variations</u>** |
| **Are There any Restrictions on Contract Benefits?** | **Yes.** Certain benefits may limit withdrawals or other rights under the Contract. Under certain benefits, a withdrawal could reduce the value of a benefit by more than the dollar amount of the withdrawal. An add-on benefits availability may vary by date of purchase. We may modify or discontinue an add-on benefit at any time.The availability of Contract benefits may vary depending on the broker-dealer or financial intermediary through which the Contract is sold. You should discuss with your financial professional any limitations or restrictions on Contract benefits that apply through their broker-dealer.  | **<u>Benefits Available Under the Contracts</u>**<br>**<u>Appendix J: Financial Intermediary Variations</u>** |

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| | **TAXES** | |
| **What Are the Contract's Tax Implications?** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Consult with a tax professional to determine the tax implications of an investment in and purchase payments received under this Contract.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If you purchase the Contract through a tax-qualified plan or individual retirement account (IRA), you do not get any additional tax deferral.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Earnings on your Contract are taxed at ordinary income tax rates when you withdraw them, and you may have to pay a penalty if you take a withdrawal before age 59 ½. | **<u>Taxes</u>** |
|  | **CONFLICTS OF INTEREST** |  |
| **How Are Investment**<br>**Professionals**<br>**Compensated?** | Your financial professional or other investment professionals may receive compensation for selling this Contract to you in the form of commissions, revenue sharing, and other compensation programs. Accordingly, investment professionals may have a financial incentive to offer or recommend this Contract over another investment. | **<u>Distribution of Contracts</u>** |
| **Should I Exchange My Contract?** | Some investment professionals may have a financial incentive to offer you a new contract in place of the one you own. You should only consider exchanging your Contract if you determine, after comparing the features, fees, and risks of both contracts, that it is in your best interest to purchase the new contract rather than continue to own your existing Contract. | **<u>Non-Qualified Contracts - 1035 Exchanges</u>** |

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**FEES, EXPENSES, AND ADJUSTMENTS TABLES**

**The following tables describe the fees, expenses, and adjustments that you will pay when purchasing, owning, and making partial or total withdrawals from an Investment Option or from the Contract. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected.**

Fees and expenses also may apply after the Income Date. For more information, please see "INCOME PAYMENTS (THE INCOME PHASE)" beginning on page [118](#i6a8c7a642b0f405da7cd588a87395385_223).

**The first table (and footnotes) describes the fees and expenses that you will pay at the time that you purchase the Contract, take withdrawals from an Investment Option or transfer Contract Value between Investment Options.** 

**Transaction Expenses**

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| &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) |
| Completed Years Since Receipt of Premium | 0-1 | 1-2 | 2-3 | 3-4 | 4-5 | 5-6 | 6-7 | 7+ |
| Base Schedule | 7.0% | 6.0% | 5.0% | 4.0% | 3.0% | 2.0% | 1.0% | 0.0% |
| Four-Year Schedule<sup>4</sup> | 6.5% | 5.0% | 3.0% | 2.0% | 0.0% | 0.0% | 0.0% | 0.0% |

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| Transfer Charge (per transfer after 25 in a Contract Year) |  | &nbsp;&nbsp;&nbsp;$25 |
| Premium Taxes (Percentage of each Premium)<sup>1</sup> | &nbsp;&nbsp;&nbsp;Minimum | &nbsp;&nbsp;&nbsp;0% |
| Premium Taxes (Percentage of each Premium)<sup>1</sup> | Maximum | &nbsp;&nbsp;&nbsp;3.5% |
| Expedited Delivery Charge<sup>2</sup> | Highest Current Charge | &nbsp;&nbsp;&nbsp;$38 |
| Wire Transfers (for withdrawals)<sup>3</sup> | Highest Current Charge | &nbsp;&nbsp;&nbsp;$25 |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>1.&nbsp;&nbsp;&nbsp;&nbsp;</sup>Currently, Premium taxes do not apply.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>2.&nbsp;&nbsp;&nbsp;&nbsp;</sup>We pass the current charges for requested expedited delivery services through to you directly, with no added fees or profits to us. This means these charges are subject to change and are not subject to a maximum. Between Monday and Friday, the current Expedited Delivery Charge is $23. On Saturday, the current Expedited Delivery Charge is $38.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>3.</sup> <sup>&nbsp;&nbsp;&nbsp;&nbsp;</sup>We pass the current charges for requested expedited delivery services through to you directly, with no added fees or profits to us. This means these charges are subject to change and are not subject to a maximum.Currently, standard wire fees are $20 and international wire fees are $25.

**4**.&nbsp;&nbsp;&nbsp;&nbsp;Effective August 28, 2023, the Four Year Withdrawal Charge Schedule is no longer available for election.

**Adjustments**

**The next table describes the adjustments, in addition to any transaction expenses, that apply if all or a portion of the Contract Value is removed from an Index Account Option or from the Contract before the expiration of a specified period.**

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| | |
|:---|:---|
| **Adjustments** | **Maximum Adjustment** |
| Market Value Adjustment Maximum Potential Loss<sup>1</sup> (as a percentage of credited interest) | 100% |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.A Market Value Adjustment may apply to amounts withdrawn or transferred from the Fixed Account prior to the end of the selected Fixed Account Option period. For more information, please see "Market Value Adjustment" beginning on page [35](#i6a8c7a642b0f405da7cd588a87395385_3754).

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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 Contract (not including Fund fees and expenses). If you choose to purchase an add-on benefit, you will pay additional charges, as shown below.** 

**Annual Contract Expenses**

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| | |
|:---|:---|
| **Administrative Charges** | **Maximum**<br>**<u>Charge</u>** |
| Annual Contract Maintenance Charge<sup>1</sup> | &nbsp;&nbsp;$30 |
| **Base Contract Charges <br>(% of average daily account value of Investment Divisions)** | **Maximum**<br>**<u>Charge</u>** |
| Core Contract Charge<sup>2</sup> | &nbsp;&nbsp;1.40% |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>1.&nbsp;&nbsp;&nbsp;&nbsp;</sup>This charge is waived on Contract Value of $50,000 or more. This charge is deducted proportionally from your allocations to the Fixed Account and Investment Divisions either annually (on your Contract Anniversary) or in conjunction with a total withdrawal, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>2.&nbsp;&nbsp;&nbsp;&nbsp;</sup>This charge is reduced to 1.25% if the Contract Value on the later of the Issue Date or the most recent Contract Quarterly Anniversary is greater than or equal to $1 million.

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| | |
|:---|:---|
| **Optional Benefit Charges** | **Maximum Charge** |
| Four Year Withdrawal Charge Schedule<sup>2</sup> (no longer offered as of August 28, 2023)<sup>1</sup> | &nbsp;&nbsp;0.40% |
| Highest Anniversary Value Guaranteed Minimum Death Benefit<sup>1</sup> | &nbsp;&nbsp;0.50% |
| Flex DB<sup>12</sup> NY (only available with a specified combination of Options for the Flex GMWB)<sup>3, 4, 6, 7</sup> | &nbsp;&nbsp;1.02% |
| LifeGuard Freedom Accelerator DB NY (only available with the LifeGuard Freedom Accelerator GMWB) (no longer offered as of August 28, 2023)<sup>3, 4, 6</sup>  | &nbsp;&nbsp;0.84% |
| GMWB With Annual Step-Up ("AutoGuard") <sup>4, 5, 8</sup> | &nbsp;&nbsp;1.74% |
| For Life GMWB With Bonus, Annual Step-Up to the Highest Quarterly Contract Value, and Earnings-Sensitive Withdrawal Amount ("Flex Net GMWB")<sup>4, 5, 13, 17</sup> | &nbsp;&nbsp;3.00% |
| Joint For Life GMWB With Bonus, Annual Step-Up to the Highest Quarterly Contract Value, and Earnings-Sensitive Withdrawal Amount ("Flex Net With Joint Option GMWB")<sup>4, 5, 11, 14, 15</sup> | &nbsp;&nbsp;3.00% |
| For Life GMWB With Bonus and Step-Up to the Highest Quarterly Contract Value ("Flex GMWB")<sup>4, 5, 9, 13</sup> | &nbsp;&nbsp;3.00% |
| Joint For Life GMWB With Bonus and Step-Up to the Highest Quarterly Contract Value ("Flex With Joint Option GMWB")<sup>4, 5, 10, 16</sup> | &nbsp;&nbsp;3.00% |
| For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credit And Annual Step-Up ("LifeGuard Freedom Accelerator<sup>®</sup> GMWB") (no longer offered as of August 28, 2023)<sup>4, 5</sup> | &nbsp;&nbsp;2.34% |
| Joint For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credit And Annual Step-Up ("LifeGuard Freedom Accelerator with Joint Option GMWB") (no longer offered as of August 28, 2023)<sup>4, 5</sup> | &nbsp;&nbsp;2.52% |
| Guaranteed Minimum Withdrawal Benefit For Stretch RMDs ("MarketGuard Stretch GMWB")<sup>4, 5</sup> | &nbsp;&nbsp;2.22% |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>1.&nbsp;&nbsp;&nbsp;&nbsp;</sup>This add-on benefit charge is expressed as a percentage of average daily account value in the Investment Divisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;This charge lasts for the first four Contract Years.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;For Flex DB NY and LifeGuard Freedom Accelerator DB, the charge is calculated based on the applicable percentage of the GMWB Death Benefit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;This add-on benefit charge is expressed as a percentage of benefit base.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;The charges for all the add-on guaranteed minimum withdrawal benefits, except for MarketGuard Stretch GMWB, are calculated based on the applicable percentage of the GWB. For MarketGuard Stretch GMWB, the charge is calculated based on the applicable percentage of the GMWB Charge Base.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.&nbsp;&nbsp;&nbsp;&nbsp;For Flex DB NY and LifeGuard Freedom Accelerator DB, the charge is calculated based on the applicable percentage of the GMWB Death Benefit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>7.&nbsp;&nbsp;&nbsp;&nbsp;</sup>The maximum annual charges used in the table are based on election of the Flex Core benefit option.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>8.&nbsp;&nbsp;&nbsp;&nbsp;</sup>The charges for all the add-on guaranteed minimum withdrawal benefits, except for MarketGuard Stretch GMWB, are calculated based on the applicable percentage of the GWB. For MarketGuard Stretch GMWB, the charge is calculated based on the applicable percentage of the GMWB Charge Base.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>9.&nbsp;&nbsp;&nbsp;&nbsp;</sup>The maximum annual charges used in the table are based on election of the most expensive benefit option under the Flex GMWB. The Flex GMWB includes different benefit options you may elect, and each benefit option results in different charges.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>10.&nbsp;&nbsp;&nbsp;&nbsp;</sup>The maximum annual charges used in the table are based on election of the most expensive benefit option under the Flex with Joint Option GMWB. The Flex with Joint Option GMWB includes different benefit options you may elect, and each benefit option results in different charges.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>11.&nbsp;&nbsp;&nbsp;&nbsp;</sup>The maximum annual charges used in the table are based on election of the most expensive benefit option under Flex Net with Joint Option GMWB. The Flex Net with Joint Option GMWB includes different benefit options you may elect, and each benefit option results in different charges.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>12.</sup>&nbsp;&nbsp;&nbsp;&nbsp;Prior to August 28, 2023, Flex DB NY was called LifeGuard Freedom Flex DB NY.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>13.</sup>&nbsp;&nbsp;&nbsp;&nbsp;Prior to August 28, 2023, Flex GMWB was called LifeGuard Freedom Flex GMWB.

<sup>14</sup><sup>.</sup>&nbsp;&nbsp;&nbsp;&nbsp;Prior to August 28, 2023, Flex Net GMWB was called LifeGuard Freedom Net GMWB.

<sup>15</sup><sup>.</sup>&nbsp;&nbsp;&nbsp;&nbsp;Prior to August 28, 2023, Flex Net With Joint Option GMWB was called LifeGuard Freedom Net With Joint Option GMWB.

<sup>16</sup><sup>.</sup>&nbsp;&nbsp;&nbsp;&nbsp;Prior to August 28, 2023, Flex With Joint Option GMWB was called LifeGuard Freedom Flex With Joint Option GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>17.&nbsp;&nbsp;&nbsp;&nbsp;</sup>The maximum annual charges used in the table are based on election of the most expensive benefit option under the Flex Net GMWB. The Flex Net GMWB includes different benefit options you may elect, and each benefit option results in different charges.

The next table shows the minimum and maximum total operating expenses charged by the Funds that you may pay periodically during the time that you own the Contract (before any fee waiver or expense reimbursement). The expenses are expressed as a percentage of average net assets of the Funds and may be higher or lower in the future. A complete list of Funds available under the Contract, including their annual expenses, may be found in Appendix A.

**Annual Fund Expenses**

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| | | |
|:---|:---|:---|
| | **Minimum** | **Maximum** |
| Expenses that are deducted from the Fund assets, including management and administration fees, distribution and/or service (12b-1) fees, and other expenses as of December 31, 2025. | &nbsp;&nbsp;0.52% | &nbsp;&nbsp;2.38% |

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**EXAMPLE**

The table below is intended to help you compare the cost of investing in the Investment Divisions with the cost of investing in other annuity contracts that offer variable options. These costs include transaction expenses, annual Contract expenses and annual Fund expenses.

The Example assumes all Contract Value is allocated to the Investment Divisions. The Example does not reflect any Contract Adjustment. Your costs could differ from those shown below if you invest in Fixed Account Options.

The Example assumes that you invest $100,000 in the Investment Divisions 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 Fund expenses and add-on benefits available for an additional charge (using the maximum possible charge). Although your actual costs may be higher or lower, based on these assumptions your costs would be:

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **If you take a total withdrawal of your Contract Value at the end of the applicable time period** | **If you take a total withdrawal of your Contract Value at the end of the applicable time period** | **If you take a total withdrawal of your Contract Value at the end of the applicable time period** | **If you take a total withdrawal of your Contract Value at the end of the applicable time period** | **If you annuitize at the end of the applicable time period** | **If you annuitize at the end of the applicable time period** | **If you annuitize at the end of the applicable time period** | **If you annuitize at the end of the applicable time period** | **If you do <u>not</u> take a total withdrawal of your Contract Value** | **If you do <u>not</u> take a total withdrawal of your Contract Value** | **If you do <u>not</u> take a total withdrawal of your Contract Value** | **If you do <u>not</u> take a total withdrawal of your Contract Value** |
| **1 Year** | **3 Years** | **5 Years** | **10 Years** | **1 Year\*** | **3 Years** | **5 Years** | **10 Years** | **1 Year** | **3 Years** | **5 Years** | **10 Years** |
| $14578 | $26465 | $37880 | $70058 | $14578 | $23465 | $37880 | $70058 | $8078 | $23465 | $37880 | $70058 |

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\*Please be aware that, although we show this cost for comparison purposes, you are not allowed to annuitize this Contract within 13 months of the Contract's Issue Date.

**The example does not represent past or future expenses. Your actual costs may be higher or lower.**

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**PRINCIPAL RISKS**

This section is intended to summarize the principal risks of investing in the Contract. Additional risks and details regarding various risks and benefits of investing in the Contract are described in the relevant sections of the prospectus and SAI.

**Risk of Loss.** You can lose money by investing in the Contract, including loss of principal. Neither the U.S. Government nor any federal agency insures or guarantees your investment in the Contract.

**Risks Associated with Variable Investment Options.** You bear all the investment risk for amounts allocated to one or more of the Investment Divisions, which invest in underlying Funds. If the Investment Divisions you select increase in value, then your Contract Value goes up; if they decrease in value, your Contract Value goes down. How much your Contract Value goes up or down depends on the performance of the Funds in which your Investment Divisions invest. We do not guarantee the investment results of any Fund. An investment in the Contract is subject to the risk of poor investment performance, and the value of your investment can vary depending on the performance of the selected underlying Fund(s), each of which has its own unique risks. You should review the Funds before making an investment decision.

**Short-Term Investment Risk.** The Contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash. The benefits of tax deferral, long-term income, and living benefit protections also mean that the Contract is more beneficial to investors with a long time horizon.

**Liquidity and Early Withdrawal Risk.** This Contract is designed as a long-term investment for retirement or other long-term financial goals. If you withdraw money from your Contract within the first 7 Complete Years after making a Premium payment, you will be assessed withdrawal charges that will reduce the value of your investment. In addition, if you withdraw amounts from the Fixed Account before the end of your selected Fixed Account Option term, we will apply a Market Value Adjustment, which, if negative, could result in a loss of up to 100% of credited interest. However, a negative Market Value Adjustment will never cause you to lose any of your original investment. If you need to make early or excess withdrawals, they could substantially reduce or even terminate the benefits available under the Contract. There may be adverse tax consequences if you make early withdrawals under the Contract.

**Insurance Company Risks.** An investment in the Contract is subject to the risks related to us, Jackson of NY. Any obligations (including those of the Fixed Account), guarantees, and benefits of the Contract are subject to the claims-paying ability of Jackson of NY. If Jackson of NY experiences financial distress, it may not be able to meet its obligations to you.

**Investment Restrictions.** We reserve the right to limit transfers, and there is a $25 charge per transfer when you transfer your Contract Value between the investment options more than 25 times in a Contract Year. We also reserve the right to terminate certain Contract features such as the Dollar Cost Averaging, Dollar Cost Averaging Plus (DCA+), Earnings Sweep, Rebalancing programs and/or add-on benefits.

We may impose limits on the minimum and maximum amounts that you may invest or other transaction limits that may limit your use of the Contract.

In addition, we reserve the right to remove Investment Divisions or substitute Funds as investment options that are available under the Contract.

**Premium Payment Risk.** Your ability to make additional Premium payments may be restricted under the Contract, depending on the version of the Contract that you own, the add-on benefits that you have elected, and other factors. The maximum aggregate Premiums you may make without our prior approval is $1 million. The payment of subsequent Premiums, depending on market conditions at the time they are made, may or may not contribute to the various benefits under your Contract, including the add-on death benefits or any GMWB. Our right to restrict Premiums to a lesser maximum amount may also affect the benefits under your Contract.

**Fees and Charges.** Deduction of Contract fees and charges (including withdrawal charges), negative Contract Adjustment, and add-on benefit fees, may result in loss of principal. We reserve the right to increase the fees and charges under the Contract and add-on benefits up to the maximum guaranteed fees and charges stated in your Contract or add-on benefit endorsement and disclosed in the fee tables.

**Possible Adverse Tax Consequences.** The tax considerations associated with the Contract vary and can be complicated. The applicable tax rules can differ, depending on the type of Contract, whether non-qualified, traditional IRA, Roth IRA or qualified plan. We cannot provide detailed information on all tax aspects of the Contracts. Moreover, the tax aspects that apply to a particular

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person's Contract may vary depending on the facts applicable to that person. Tax rules may change without notice. We cannot predict whether, when, or how these rules could change. Any change could affect Contracts purchased before the change. Congress may also consider further proposals to comprehensively reform or overhaul the United States tax and retirement systems, which if enacted, could affect the tax benefits of a Contract. We cannot predict what, if any, legislation will actually be proposed or enacted. Before making contributions to your Contract or taking other action related to your Contract, you should consult with a tax professional to determine the tax implications of an investment in, and payments received under, the Contract.

**Add-On Benefits.** You may never need or use certain features provided by the Contract. In that case, you may pay for a feature for which you never realize any benefits.

Certain benefits are subject to conditions including waiting periods. You may die before you are able to access certain benefits under the Contract. Alternatively, you may not live long enough to receive enough benefit from the add-on benefits to exceed the amount of the fees you pay for those benefits. You may need to make early or excess withdrawals, which have the potential to substantially reduce or even terminate the benefits available under the Contract from the add-on benefits.

The Investment Divisions may perform well enough that you may not need the guarantee that may otherwise be provided by the Contract or by one of the Contract's add-on benefits available for an additional charge.

Certain benefits may limit withdrawals or other rights under the Contract. If your Contract includes one of the add-on benefits, withdrawals will reduce the value of the benefits in proportion to the amount of the withdrawal relative to the total Contract Value at the time of withdrawal. Accordingly, under certain circumstances, a withdrawal could reduce the value of a benefit by more than the dollar amount of the withdrawal.

Add-on benefits are available at issue or on your Contract Anniversary. If you do not elect an add-on benefit at issue, it is likely that the rates associated with your add-on benefit, including the Bonus percentages, Guaranteed Withdrawal Balance Adjustment percentages, Guaranteed Annual Withdrawal Amount percentages, and Deferral Credit percentages may be lower than the rates you would have received if you had elected the add-on benefit at issue. It is also possible that the charge for the add-on benefit elected on your Contract Anniversary may be higher than the charge that would have been applicable if you had elected the add-on benefit at issue. Please note that we may make changes to which add-on benefits are available for election on your Contract Anniversary. For current availability of add-on benefits available for election post-issue, please see the most recent Post-Issue Rate Sheet Prospectus Supplement(s) at <u>www.jackson.com/product-literature-4.html</u>.

**Conditions to Contract Benefits.** Certain benefits under the Contract are contingent on several conditions being met. If those conditions are not met, you may not realize a benefit from the Contract or add-on benefit for which you have been charged a fee.

**Alternatives to the Contract.** Other contracts or investments may provide more favorable returns or benefits than the Contract.

**Potentially Harmful Transfer Activity.** The Contract is not designed for frequent transfers by anyone. Frequent transfers between and among Investment Divisions may disrupt the underlying Funds and could negatively impact performance, by interfering with efficient management and reducing long-term returns, and increasing administrative costs. Frequent transfers may also dilute the value of shares of an underlying Fund. Neither the Contracts nor the underlying Funds are meant to promote any active trading strategy, like market timing. Allowing frequent transfers by one or some Owners could be at the expense of other Owners of the Contract. To protect Owners and the underlying Funds, we have policies and procedures to deter frequent transfers between and among the Investment Divisions. (See "Transfers and Frequent Transfer Restrictions—Restrictions on Transfers: Market Timing" for more information.) We cannot guarantee that these policies and procedures will be effective in detecting and preventing all transfer activity that could potentially disadvantage or hurt the rights or interests of other Owners.

**Fixed Account Option Rates.** The rates we declare for the Fixed Account Options may be lower than you would find acceptable.

**Business Continuity and Cybersecurity Risk.** We and our service providers and business partners are subject to certain risks, including those resulting from information system failures, cybersecurity incidents, public heath crises such as the coronavirus (COVID-19) pandemic, and other disaster events. Such events can adversely impact us and our operations. These risks are common to all insurers and financial service providers. These risks include, among other things, the theft, misuse, corruption and destruction of electronic information, interference with or denial of service, attacks on systems or websites, and other operational disruptions that could severely impede our ability to conduct our business or administer the Contract.

Such events could also adversely affect us by resulting in regulatory fines, litigation, financial losses, and reputational damage. Cybersecurity incidents may also impact the issuers of securities in which the underlying funds invest, which may cause the funds

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underlying your Contract to lose value. Although we take efforts to protect our systems from cybersecurity incidents, there can be no assurance that we or our service providers will be able to avoid cybersecurity incidents affecting Contract owners in the future. It is also possible that a cybersecurity incident could persist for an extended period of time without detection.

Additionally, our third-party service providers and other third-parties related to our business (such as financial intermediaries or, in the case of our variable products, underlying funds) are subject to similar risks. Successful implementation and execution of their business continuity policies and procedures are largely beyond our control. Disruptions to their business operations may impair our own business operations.

**FINANCIAL STATEMENTS**

The financial statements of the Separate Account and Jackson of NY are incorporated by reference in the Statement of Additional Information. To obtain a copy of the financial statements, please visit <u>www.jackson.com/product-literature-4.html</u>. The financial statements of the Separate Account include information about all the contracts offered through the Separate Account. The financial statements of Jackson of NY that are included should be considered only as bearing upon the company's ability to meet its contractual obligations under the Contracts. Jackson of NY's financial statements do not bear on the future investment experience of the assets held in the Separate Account. For your copy of the Statement of Additional Information, please contact us at the Jackson of NY Customer Care Center. Our contact information is on the cover page of this prospectus.

**THE ANNUITY CONTRACT**

Your Contract is a contract between you, the Owner, and us. Your Contract is intended to help facilitate your retirement savings on a tax-deferred basis, or other long-term investment purposes, and provides for a death benefit. Purchases under tax-qualified plans should be made for other than tax deferral reasons. Tax-qualified plans provide tax deferral that does not rely on the purchase of an annuity contract. We will not issue a Contract to someone older than age 85. Add-on benefits may have different requirements, as noted.

You may allocate your Contract Value to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the Fixed Account, in which amounts earn a declared rate of interest for a certain period, as may be made available or otherwise limited by us,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the Investment Divisions of the Separate Account that invest in underlying Funds.

Your Contract, like all deferred annuity contracts, has two phases:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the **accumulation phase**, the potential growth phase of your investment when you make Premium payments to us, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the **income phase**, when we make income payments to you.

As the Owner, you can exercise all the rights under your Contract. In general, joint Owners jointly exercise all the rights under the Contracts. In some cases, such as telephone and internet transactions, joint Owners may authorize each joint Owner to act individually. On jointly owned Contracts, correspondence and required documents will be sent to the address of record of the primary Owner.

You can assign your Contract at any time during your lifetime, but we will not be bound until we receive written notice of the assignment (there is an assignment form) in Good Order. An assignment may be a taxable event. Your ability to change ownership is limited on Contracts with one of the For Life GMWBs. Please contact the Jackson of NY Customer Care Center for help and more information.

The Contract is an individual flexible Premium variable and fixed deferred annuity. If the Four-Year Withdrawal Charge Schedule is elected, no Premiums will be accepted after the first Contract Year. This prospectus provides a description of the material rights and obligations under the Contract. Your Contract and any endorsements are the formal contractual agreement between you and the Company.

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**JACKSON OF NY**

The obligations under the Contract (including Fixed Account obligations, death benefits, living benefits, or other benefits available under the Contract) are obligations of Jackson of NY and are subject to Jackson of NY's claims-paying ability and financial strength. Jackson of NY's principal business address is 2900 Westchester Avenue, Purchase, New York 10577.

We do not file periodic reports, in reliance on Rule 12h-7 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), which exempts certain issuers of securities that are subject to insurance regulations from filing periodic reports pursuant to Section 15(d) of the Exchange Act.

**THE FIXED ACCOUNT**

*Contract Value that you allocate to a Fixed Account Option will be placed with other assets in our General Account. Unlike the Separate Account, the General Account is not segregated or insulated from the claims of the insurance company's creditors. Investors are looking to the financial strength of the insurance company for its obligations under the Contract, including, for example, guaranteed minimum death benefits and guaranteed minimum withdrawal benefits. The Fixed Account is not registered with the SEC. Disclosures regarding the Fixed Account, however, may be subject to the general provisions of the federal securities laws relating to the accuracy and completeness of statements made in prospectuses. For more information, please see the application, check with the* financial professional *helping you to purchase the Contract, or contact us at our Jackson of NY Customer Care Center.*

A Fixed Account Option credits interest to your Contract Value in the Fixed Account for a specified period that you select, subject to availability (and we reserve the right, in our sole discretion, to limit or suspend availability of the Fixed Account Options), so long as the Contract Value is not withdrawn or transferred until the end of the specified period. Currently we offer a one year Fixed Account Option. We may, from time to time, make additional Fixed Account Options available for election. Please check with your financial professional for current Fixed Account Option availability. You may not elect any Fixed Account Option that extends beyond the Income Date, other than the one-year option; and election of the one-year option will not extend the Income Date. Rather, commencing on the Income Date, we will cease to credit interest under any one-year Fixed Account Option that has not yet reached the end of its term.

Information regarding the features of the Fixed Account Option(s), including (i) name, (ii) term, and (iii) minimum guaranteed interest rates are available in Appendix A: Investment Options Available Under the Contract.

*Rates of Interest We Credit.* The Contracts guarantee a Fixed Account minimum interest rate that applies to every Fixed Account Option under any Contract, regardless of the term of that option. The Fixed Account minimum interest rate guaranteed by the Contracts at least equals the minimum rate prescribed by the applicable nonforfeiture law. In addition, we establish a declared rate of interest ("base interest rate") at the time you allocate any Premium payment or other Contract Value to a Fixed Account Option, and that base interest rate will apply to that allocation for the entire term of the Fixed Account Option that you select. To the extent that the base interest rate that we establish for any allocation is higher than the Fixed Account minimum interest rate, we will credit that allocation with the higher base interest rate. Thus, the declared base interest rate could be greater than the guaranteed Fixed Account minimum interest rate specified in your Contract, but will never cause your allocation to be credited at less than the currently applicable Fixed Account minimum interest rate. We may declare different base interest rates at different times, although any new base interest rate Jackson of NY declares for a Fixed Account Option will apply only to Premiums or other amounts allocated to that Fixed Account Option after the new rate goes into effect.

The Fixed Account minimum interest rate will be a rate, credited daily, that will be reset every January pursuant to a formula that is prescribed under applicable state nonforfeiture laws and that is set forth in the Contracts. Specifically, the Fixed Account minimum interest rate will be reset each January to equal the average of the daily five-year Constant Maturity Treasury Rates reported by the Federal Reserve for the preceding October (rounded to the nearest 1/20 of a percent), less 1.25%, *provided* that the Fixed Account minimum interest rate will never be less than 1% or more than 3%. As noted above, these limits are prescribed by state nonforfeiture laws and set forth in the Contracts**.** This means that the Fixed Account minimum interest rate applicable to your Contract will in no case ever exceed a maximum of 3%. Your Contract's initial Fixed Account minimum interest rate will be stated in your Contract, and will be the rate that is in effect on the Contract's Issue Date pursuant to the preceding formula. Thereafter, on the Contract Monthly Anniversary in each January, the Fixed Account minimum interest rate will be reset in accordance with the formula above. The current Fixed Account minimum interest rate is equal to the current minimum non-forfeiture rate of 2.40%.

If you allocate a Premium payment or other Contract Value to a Fixed Account Option, the Fixed Account minimum interest rate in effect at the time of the allocation will apply to that allocation until the reset of the Fixed Account minimum interest rate on the next Contract Monthly Anniversary in January. At that point, the Fixed Account minimum interest rate will be reset according to the formula detailed above, which could change the amount of interest you earn thereafter on that allocation. Thus, if the new Fixed Account minimum interest rate is higher than the rate previously being credited to your allocation to a Fixed Account Option, the

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interest rate being credited may increase to that new higher rate. On the other hand, if the new Fixed Account minimum interest rate is lower than the rate being credited to your allocation, the interest rate being credited may decrease to that lower rate, but will never fall below the base interest rate. We will advise you of any new Fixed Account minimum interest rate in the fourth quarter report for the calendar year preceding the January Contract Monthly Anniversary on which the change occurs.

For the most current information about applicable interest rates, you may contact your financial professional or our Jackson of NY Customer Care Center (at the address and phone number on the cover page of this prospectus).

*Market Value Adjustment.* A Market Value Adjustment may apply to amounts withdrawn or transferred from a Fixed Account Option prior to the end of the specified period. You could lose a significant amount of money due to this Market Value Adjustment, if negative. The Market Value Adjustment reflects changes in the level of interest rates since the beginning of the Fixed Account Option period. Market Value Adjustments protect the Company from risks related to the value of the fixed investment instruments supporting the Contract guarantees if amounts are withdrawn prematurely. The Market Value Adjustment shifts the risk from the Company to you. The application of a Market Value Adjustment could result in a reduction in the amount you receive from a withdrawal, and in extreme circumstances, such losses could be as high as 100% of any credited interest. However, a Market Value Adjustment will never cause you to lose any of your original investment. A Market Value Adjustment could also increase the amount you receive from a withdrawal in certain market conditions. A Market Value Adjustment will not otherwise affect the values under your Contract.

There is no Market Value Adjustment on: amounts taken from the one-year Fixed Account Option; death benefit payments; amounts annuitized; amounts withdrawn for Contract charges; free withdrawals; amounts removed from any Fixed Account Option on the Latest Income Date and amounts removed from any Fixed Account Option in the 30-day period following the end of a Fixed Account Option. In no event will the amount of a total withdrawal or transfer from the Fixed Account Options be less than the Fixed Account Minimum Value. The Fixed Account Minimum Value at least equals the minimum value prescribed by the applicable nonforfeiture law. The Fixed Amount minimum value for any Fixed Account Option is Premium (net of any applicable Premium tax) and transfers allocated to the Fixed Account Option, less transfers, withdrawals, and charges, including withdrawal charges, from the Fixed Account Option, accumulated at the Fixed Account minimum interest rate, less any tax due. In the case of a withdrawal or transfer from a Fixed Account Option, the amount withdrawn or transferred will have been credited with interest at a rate at least equal to the Fixed Account minimum interest rate, even if subject to a Market Value Adjustment that otherwise would have reduced it below that rate.

*End of Fixed Account Option Periods.* Whenever a specified period ends, you will have 30 days to transfer or withdraw the Contract Value in the Fixed Account Option, and there will not be a Market Value Adjustment. If you do nothing, then after 30 days, the Contract Value that remains in that Fixed Account Option will be subject to another specified period of the same duration, subject to availability, and provided that that specified period will not extend beyond the Income Date. If such a new Fixed Account Option would extend beyond the Income Date, we will use the longest Fixed Account Option that does not extend beyond the Income Date; or (if less than 1 year remains until the Income Date) we will credit interest at the current interest rate under the one-year Fixed Account Option up to the Income Date. If the specified period of the same duration that has ended is no longer available, we will use the next shortest period that is then available. Please note: if the three, five, and seven year Fixed Account Options are not available at the time of renewal, you will be automatically renewed into the one-year Fixed Account Option.

*Additional Information Concerning the One-Year Fixed Account Option.* Please also refer to "Transfers and Frequent Transfer Restrictions" later in this prospectus for information about certain restrictions, limits and requirements that may apply (or may in the future apply) to transfers to or from the Fixed Account Options. In particular, we describe certain additional restrictions that may apply with respect to transfers from the one-year Fixed Account Option, including the possibility that you might not be able to transfer all of your Contract Value out of the one-year Fixed Account Option for at least three years. Accordingly, **before allocating any Premium payments or other Contract Value to the one-year Fixed Account Option, you should consider carefully the conditions we may impose upon your use of that option.**

The **DCA+ Fixed Account Option, if available,** offers a fixed interest rate that we guarantee for a period of up to one year in connection with dollar-cost-averaging transfers to one or more of the Investment Divisions or systematic transfers to other Fixed Account Options. From time to time, we will offer special interest rates on the DCA+ Fixed Account Option. The DCA+ Fixed Account Option is only available for new Premiums. We provide more information about Dollar Cost Averaging, including DCA+, under "Other Information" later in this prospectus.

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**THE SEPARATE ACCOUNT**

The Separate Account is a segregated asset account we established to receive and invest Premium payments made under the Contracts and allocated to the Investment Divisions. The Investment Divisions, in turn, purchase shares of the underlying Funds.

The assets of the Separate Account legally belong to us and the obligations under the Contracts are our obligations. However, we are not allowed to use the Contract assets in the Separate Account to pay our liabilities arising out of any other business we may conduct. All of the income, gains and losses credited to or charged against the Separate Accounts reflect the Separate Account's own investment experience and not the investment experience of Jackson of NY's other assets. Jackson of NY is obligated to pay all amounts promised to investors under the Contracts.

The Separate Account is divided into Investment Divisions. We do not guarantee the investment performance of the Separate Account or any of its Investment Divisions. The Funds in which the Investment Divisions currently invest are listed in Appendix A of this prospectus.

**INVESTMENT DIVISIONS AND FUNDS**

You may allocate your Contract Value to no more than 99 Investment Divisions and Fixed Account Options at any one time. Each Investment Division purchases the shares of one underlying Fund (mutual fund portfolio) that has its own investment objective. The Investment Divisions are designed to offer the potential for a higher return than the Fixed Account. **However, this is not guaranteed. It is possible for you to lose your Contract Value allocated to any of the Investment Divisions.** If you allocate Contract Values to the Investment Divisions, the amounts you are able to accumulate in your Contract during the accumulation phase depend upon the performance of the Investment Divisions you select. The amount of the income payments you receive during the income phase also will depend, in part, on the performance of the Investment Divisions you choose for the income phase.

This prospectus describes the Investment Divisions that we currently offer under the Contract. Certain broker-dealers selling the Contracts may limit the Investment Divisions that are available to their customers. Please contact your financial professional for a list of Investment Divisions currently available through your broker-dealer. Investment Divisions that are not available through your broker-dealer may be available through other broker-dealers, but to access them you may need to terminate your relationship with your broker-dealer and provide us with satisfactory evidence of termination. Please consider these potential limitations before purchasing the Contract.

The underlying Funds, along with their respective type, investment adviser (and any sub-adviser(s)), current expenses, and performance are listed in Appendix A. More detailed information about the Funds is available in the prospectus for the JNL Series Trust, which may be amended from time to time. The summary prospectuses for the Funds and prospectus for the JNL Series Trust may also be obtained at no charge by calling 1-800-599-5651 (Jackson of NY Customer Care Center), by writing P.O. Box 24068, Lansing, Michigan 48909-4068, by visiting <u>www.jackson.com</u>, or by sending an email request to ProspectusRequest@jackson.com. Additional Funds and Investment Divisions may be available in the future.

Certain Funds in which the Investment Divisions invest are each known as a Fund of Funds. Funds offered in a Fund of Funds structure may have higher expenses than direct investments in the underlying Funds. You should read the summary prospectus for the Funds and/or the prospectus for the JNL Series Trust for more information.

The investment objectives and policies of certain Funds are similar to the investment objectives and policies of other mutual funds that the Fund's investment sub-advisers also manage. Although the objectives and policies may be similar, the investment results of the Fund may be higher or lower than the results of those other mutual funds. We cannot guarantee, and make no representation, that the investment results of similar Funds will be comparable even though the Funds have the same investment sub-advisers. The Funds described are available only through variable annuity Contracts issued by Jackson of NY. They are NOT offered or made available to the general public directly.

A Fund's performance may be affected by risks specific to certain types of investments, such as foreign securities, derivative investments, non-investment grade debt securities, initial public offerings (IPOs) or companies with relatively small market capitalizations. IPOs and other investment techniques may have a magnified performance impact on a Fund with a small asset base. A Fund may not experience similar performance as its assets grow.

All of the Funds are managed and administered by Jackson National Asset Management, LLC ("JNAM"), an affiliate of Jackson. For certain Funds, JNAM has entered into sub-advisory agreements with one or more other investment advisers (the "sub-advisers") to provide certain investment advisory services to the Funds. Among other responsibilities, JNAM oversees the activities of the sub-advisers with respect to such Funds and is responsible for evaluating the services of those sub-advisers. In addition, for the Funds of

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Funds and feeder funds, JNAM implements the investment program by, among other things, selecting the respective Underlying Funds, ETFs and master funds.

We generally select the Funds to provide a range of investment options for persons invested in the Contracts from conservative to more aggressive investment strategies. In addition, we may consider the potential risk to us of offering a Fund in light of the benefits provided by the Contract. We and our affiliates receive payments or compensation from the Funds or their service providers in connection with management, administration, distribution, and other services we and our affiliates provide with respect to the Funds. These payments to Jackson and our affiliates may be a factor we consider in our selection of the Funds.

Subject to any applicable legal requirements, selection of the Funds is solely within our discretion, based on the foregoing or other considerations.

We do not provide investment advice, and we do not recommend or endorse any particular Investment Division or Fund. You bear the risk of any decline in your Contract Value resulting from the performance of the Investment Divisions you have chosen.

**You should read the summary prospectuses for the Funds and/or the prospectus for the JNL Series Trust carefully before investing.**

**Voting Privileges.** To the extent required by law, we will obtain instructions from you and other Owners about how to vote our shares of a Fund when there is a vote of shareholders of a Fund. We will vote all the shares we own in proportion to those instructions from Owners. An effect of this proportional voting is that a relatively small number of Owners may determine the outcome of a vote.

**Substitution.** We reserve the right to substitute a different Fund or a different mutual fund for the one in which any Investment Division is currently invested. We will not do this without any required approval of the SEC. We will give you notice of any substitution.

**BENEFITS AVAILABLE UNDER THE CONTRACTS**

**The following tables summarize information about the benefits available under the Contract.** The availability of Contract benefits may vary depending on the broker-dealer or financial intermediary through which the Contract is sold. See Appendix J: Financial Intermediary Variations.

The current annual charges for the add-on benefits are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)."

**Basic Death Benefit (automatically included with the Contract)**

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| | | | |
|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **Basic Death Benefit** | Guarantees your beneficiaries will receive a benefit of at least equal to the greater of your Contract Value or your total Premiums paid. | No additional charge | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals could significantly reduce the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Benefit terminates on annuitization. |

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**Add-On Benefits Available For a Fee**

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| | | | |
|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **Four Year Withdrawal Charge Schedule** | Reduces the withdrawal charge percentage, and reduces the withdrawal period from 7 to 4 years. | Maximum: 0.40%<br>(for the first four <br>Contract Years)<br>(as an annualized percentage of the average daily Contract Value in the Investment Divisions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Effective August 28, 2023, this benefit is no longer available for election.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available only at Contract issue. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Premium only accepted in Contract Year 1.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available for Owners age 85 and younger. |

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**Add-On Death Benefits Available For a Fee**

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| | | | |
|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **Highest Anniversary Value GMDB** | Provides a new locked-in higher death benefit on each Contract anniversary (prior to the oldest Covered Life's 81<sup>st</sup> birthday) if your investments increase in value  | Maximum 0.90%<br>(as a percentage of the average daily Contract Value in the Investment Divisions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals could significantly reduce or terminate the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Fee may be increased on each 5<sup>th</sup> Contract Anniversary (opting out will affect the benefit and the Contract).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• May provide value after the Income Date.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Availability of all add-on death benefits are subject to age limitations. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Only one add-on death benefit may be elected. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available for Owners age 79 and younger. |
| **Flex DB NY (previously called LifeGuard Freedom Flex DB NY)** | This death benefit works in connection with the Flex GMWB and provides a minimum death benefit equal to the Flex GMWB Guaranteed Withdrawal Balance (GWB), that is reduced for your allowed annual withdrawals. | Maximum 1.02%<br>(as a percentage of the GMWB Death Benefit) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available only at issue and only with certain benefit options under the Flex GMWB (previously called LifeGuard Freedom Flex GMWB.)<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawal percentages depend on age and date of election.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals could significantly reduce or terminate the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Fee may be increased on each 5<sup>th</sup> Contract Anniversary (opting out will affect the benefit and the Contract).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• May provide value after the Income Date.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Availability of all add-on death benefits are subject to age limitations. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Only one add-on death benefit may be elected. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available for Owners age 35-75. |

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|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **LifeGuard Freedom Accelerator DB NY** | This benefit is a way to compliment your lifetime income with an enhanced death benefit. It provides a minimum death benefit equal, upon election, to the LifeGuard Freedom Accelerator Guaranteed Withdrawal Balance (GWB), and subsequently increased for net Premiums (subject to a maximum), and reduced for your allowed annual withdrawals. | Maximum 0.84%<br>(as a percentage of the GMWB Death Benefit) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Effective August 28, 2023, this benefit is no longer available for election.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available only at issue and in conjunction with the LifeGuard Freedom Accelerator GMWB.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawal and deferral credit percentages depend on age and date of election.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals could significantly reduce or terminate the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Fee may be increased on each 5<sup>th</sup> Contract Anniversary (opting out will affect the benefit and the Contract).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• May provide value after the Income Date.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Availability of all add-on death benefits are subject to age limitations. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Only one add-on death benefit may be elected. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available to Owners age 45-75. |

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**Add-On Living Benefits Available For a Fee**

Availability of all add-on living benefits are subject to age limitations and other eligibility conditions. Only one add-on living benefit may be elected. The current annual charges for the add-on benefits are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)." All add-on living benefits:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• may be added on the Issue Date or a Contract Anniversary (with advance notice, subject to availability). The MarketGuard Stretch GMWB is subject to different election requirements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• are subject to fee increases on each 5<sup>th</sup> Contract Anniversary (opting out will affect the benefit and the Contract);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• are subject to a maximum guaranteed withdrawal balance ("GWB") of $10 million;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• terminate on the Income Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• cannot be cancelled by you (except upon spousal continuation).

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|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE<br>(as a % of GWB)** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **AutoGuard** | Enables you to make partial withdrawals prior to the Income Date that, in total, are guaranteed to equal the GWB regardless of your Contract Value. | Maximum 1.74%<br>(as a percentage of benefit base) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals could reduce or terminate step ups.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Excess withdrawals could significantly reduce or terminate the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available to add to a Contract on the Contract's Issue Date, or on any Contract Anniversary, subject to availability. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Not available on a contract that already has a GMWB. |

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|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE<br>(as a % of GWB)** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **Flex Net GMWB (Single) and (Joint) (previously called LifeGuard Freedom Net GMWB)** | This benefit provides a feature that allows you to have guaranteed income for life (or joint lives under the Joint for Life option) plus greater access to your earnings. It uses an annual bonus and step-ups to help increase your Guaranteed Withdrawal Balance ("GWB"), the "protected balance" from which you take income. The features of this benefit provide more flexibility so you can plan for your unique needs. The primary features are the Guaranteed Annual Withdrawal Amount ("GAWA") and the Earnings Sensitive Adjustment (ESA). Your GAWA is the minimum amount of income you'll be able to count on annually and is based on your age at the time of your first withdrawal. The ESA allows you to take more income when you have earnings over your previous year's Contract Value (GMWB earnings). | Single Life Option:<br>Maximum: 3.00%<br>Joint Life Option:<br>Maximum: 3.00%<br>(The maximum annual charges are based on election of the highest cost benefit option) <br>(as a percentage of benefit base) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• GAWA% depends on age and income stream included with selected benefit option at time of first withdrawal.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Bonus applies for limited period and requires no withdrawals.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Jackson of NY may prospectively change the GAWA%, including the age bands, on new GMWB endorsements (via rate sheet).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals prior to start of For Life Guarantee and excess withdrawals could significantly reduce or terminate the benefit. |
| **Flex GMWB (Single) and (Joint) (previously called LifeGuard Freedom Flex GMWB)** | Offers a unique level of flexibility because you can choose from a range of bonus options to increase your Guaranteed Withdrawal Balance ("GWB"). In down or flat market years, you can receive a bonus in years you don't take withdrawals, when your contract does well, you can lock in investment gains with step-ups, and as your protected GWB steps up, your bonus amount can also grow. | Single Life Option:<br>Maximum: 3.00%<br>Joint Life Option:<br>Maximum: 3.00%<br>(The maximum annual charges are based on election of the most expensive combination of options.)<br>(as a percentage of benefit base) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• GAWA% depends on age and income stream level included with selected benefit option at time of first withdrawal.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Bonus applies for limited period and requires no withdrawals.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Amount of guaranteed withdrawals depends on the benefit option and specified combination of optional features under the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Jackson of NY may prospectively change the GAWA%, including the age bands, on new GMWB endorsements (via rate sheet).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals prior to start of For Life Guarantee and excess withdrawals could significantly reduce or terminate the benefit. |

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|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE<br>(as a % of GWB)** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **LifeGuard Freedom Accelerator GMWB (Single) and (Joint)** | This benefit is a way to provide you with protected lifetime income (or provide you and a joint Owner with protected lifetime income under the joint option). Annual step-ups in years in which the market performs well increase the Guaranteed Withdrawal Balance ("GWB"). In addition, annual Deferral Credits combine with the Guaranteed Annual Withdrawal Amount ("GAWA") percentage and grow in years you wait to take income, regardless of what is happening in the market. May be appropriate for those individuals looking for opportunities for growth to increase the annual withdrawal amount and who are seeking flexibility to start and stop withdrawals, without negatively impacting the guarantees. | Single Life Option:<br>Maximum: 2.34%<br>Joint Life Option:<br>Maximum: 2.52%<br>(as a percentage of benefit base) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Effective August 28, 2023, this benefit is no longer available for election.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Initial GAWA% and deferral credit % depend on age on benefit effective date.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Deferral credits apply for limited period and require no withdrawals.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Jackson of NY may prospectively change the GAWA%, including the age bands, on new GMWB endorsements (via rate sheet).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals prior to start of For Life Guarantee and excess withdrawals could significantly reduce or terminate the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Additional premiums limited. |
| **MarketGuard Stretch GMWB** | GMWB guarantees partial withdrawals during the Contract's accumulation phase until the earliest of (i) the Owner's death, (ii) until all withdrawals under the Contract equal the Guaranteed Withdrawal Balance (GWB), without regard to Contract Value, or (iii) the Contract Anniversary occurring in the GMWB Maturity Year.  | Maximum: 2.22%<br>(as a percentage of benefit base) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• GAWA% depends on age and selected income stream at time of first withdrawal.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The GWB can never be more than $10 million, and the GWB is reduced by each withdrawal.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This GMWB is not available on a Contract that already has a GMWB.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Effective April 27, 2020, this add-on benefit is no longer available on tax-qualified contracts.  |

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**Other Add-On Benefits Included With All Contracts At No Additional Cost**

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| | | | |
|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **Extended Care Benefit** | Increases the amount that can be withdrawn from your Contract without a withdrawal charge if you experience certain qualifying events such as confinement to a nursing home or hospital for 90 consecutive days. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum free withdrawal amount is $250,000 of your Contract Value.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Can only be exercised once.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Any Market Value Adjustment still applies.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Physician's statement required.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Qualifying event must occur after the Contract was issued. |
| **Rebalancing** | Automatically reallocates your Contract Value among Investment Divisions and the one-year Fixed Account Option (if currently available) periodically to maintain your selected allocation percentages. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rebalancing will terminate if your rebalancing program includes the one-year Fixed Account Option and we impose any transfer restrictions or requirements on the one-year Fixed Account Option. |
| **Dollar Cost Averaging** | Automatically transfers a dollar amount or percentage of money periodically from the one-year Fixed Account Option or any of the Investment Divisions into the Investment Divisions and other Fixed Account Options. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Restrictions may apply if we impose any transfer restrictions on the one-year Fixed Account Option You may cancel your Dollar Cost Averaging program using whatever methods you use to change your allocation instructions. |
| **Dollar Cost Averaging Plus (DCA+)** | If available, offers a fixed interest rate that we guarantee for a period of up to one year in connection with systematic transfers from the DCA+ Fixed Account Option to one or more of the Investment Divisions or other Fixed Account Options. From time to time, we will offer special enhanced rates on the DCA+ Fixed Account Option. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Restrictions may apply if we impose any transfer restrictions on the one-year Fixed Account Option.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The DCA+ Fixed Account Option is only available for new Premiums.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• A Contract Value of $15,000 is required to participate. |
| **Earnings Sweep** | Allows you to choose to move your earnings from the source accounts (only applicable from the one-year Fixed Account Option, if currently available, and the JNL/Dreyfus Government Money Market Investment Division). |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** May only be added within 30 days of the issue date of your Contract.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• You may cancel your Earnings Sweep program using whatever methods you use to change your allocation instructions.  |
| **Capital Protection Program** | Allocates enough of your Premium to the Fixed Account Option you select to assure that the amount so allocated will equal, at the end of your selected Fixed Account Option period, your total original Premium paid. You may allocate the rest of your Premium to any Investment Division(s). |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Effective August 28, 2023, this benefit is no longer available for election.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If any part of the Fixed Account value is withdrawn or transferred before the end of the selected period, the value at the end of that period will not equal the original Premium. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This program is available only if Fixed Account Options are available.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Only available at issue.  |

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**CHARGES AND ADJUSTMENTS**

There are charges and adjustments associated with your Contract, the deduction of which will reduce the investment return of your Contract. Charges are generally deducted proportionally from your Contract Value. Some of these charges are for optional endorsements, as noted, so they are deducted from your Contract Value only if you elected to add that optional endorsement to your Contract. These charges may be a lesser amount where required by state law or as described below, but will not be increased. We expect to profit from certain charges assessed under the Contract. If the Contract Value is insufficient to pay the charges under the Contract, the Contract will terminate without value, unless you are eligible for continued payments under a Guaranteed Minimum Withdrawal Benefit. These charges (and certain other expenses) are as follows:

**TRANSACTION EXPENSES**

**Withdrawal Charge.** At any time during the accumulation phase (if and to the extent that Contract Value is sufficient to pay any remaining withdrawal charges that remain after a withdrawal), you may withdraw the following with no withdrawal charge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Premiums that are no longer subject to a withdrawal charge** (Premiums in your annuity for at least seven (four for the Four-Year Withdrawal Charge Period option) years without being withdrawn);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **earnings** (excess of your Contract Value allocated to the Investment Divisions and the Fixed Account over your Remaining Premium in these Options); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the **free withdrawal** amount. The free withdrawal is equal to **10% of Remaining Premiums** during each Contract Year that would otherwise incur a withdrawal charge, *minus* earnings. The free withdrawal may be taken once or in segments throughout the Contract Year. Any amount withdrawn to satisfy a required minimum distribution reduces the amount of available free withdrawal.

**We will deduct a withdrawal charge on:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• partial withdrawals in excess of the free withdrawal amount (the withdrawal charge is imposed only on the excess amount above the free withdrawal amount);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• withdrawals under a Contract that exceeds its required minimum distribution under the Internal Revenue Code (the entire amount withdrawn to fulfill your withdrawal request, including amounts necessary to pay withdrawal charges, will be subject to the withdrawal charge); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• total withdrawals, including amounts necessary to pay withdrawal charges.

The amount of the withdrawal charge deducted varies (depending upon whether you have elected the Four-Year Withdrawal Charge Period option and how many years prior to the withdrawal you made the Premium payment(s) you are withdrawing) according to the following schedule:

***Withdrawal Charge*** *(as a percentage of Remaining Premium):*

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Completed Years since Receipt of Premium* | 0-1 | 1-2 | 2-3 | 3-4 | 4-5 | 5-6 | 6-7 | 7+ |
| *Base Schedule* | 7.0% | 6.0% | 5.0% | 4.0% | 3.0% | 2.0% | 1.0% | 0.0 |
| *Withdrawal Charge if Four-Year Period Applies*<sup>1</sup> | 6.5% | 5.0% | 3.0% | 2.0% | 0.0 | 0.0 | 0.0 | 0.0 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;Effective August 28, 2023, the Four Year Withdrawal Charge Schedule is no longer available for election.

For purposes of the withdrawal charge, we treat withdrawals as coming first from earnings (which may be withdrawn free of any withdrawal charge), and then from the oldest Remaining Premium. If you request a total withdrawal, the withdrawal charge is based on Remaining Premium in the Contract immediately prior to the withdrawal. Please note, any free withdrawal taken reduces both Contract Value and Remaining Premium.

You may request a partial withdrawal as either a gross amount withdrawal or a net amount withdrawal. Your selection will have an impact on both the amount you receive and the amount of the withdrawal charge assessed on your partial withdrawal.

------

If you elect to receive a gross amount withdrawal, your Contract Value will be reduced by your requested withdrawal amount. Any applicable charges and adjustments, including withdrawal charges and taxes will be applied to your requested withdrawal amount and the remaining amount after deductions will be distributed to you. Therefore, you may receive less than the dollar amount you specified in your withdrawal request. If you elect to receive a net amount withdrawal, your Contract Value will be reduced by your requested withdrawal amount plus the amount needed to cover any applicable charges and adjustments, including withdrawal charges and taxes withheld. Therefore, you will receive exactly the amount specified in your withdrawal request, but your Contract Value may be reduced by more than the amount of that request. In each case, withdrawal charges, if any, will be assessed against the amount by which your Remaining Premium is reduced (excluding any amount for which the Contract expressly provides for waived or no withdrawal charges). A partial withdrawal will reduce Remaining Premium by the amount of Premium withdrawn that incurs a withdrawal charge (inclusive of the withdrawal charge amount) plus the amount of Premium withdrawn that is no longer subject to a withdrawal charge.

*Note:* Withdrawals under a non-qualified Contract will be taxable on an "income first" basis. This means that any withdrawal from a non-qualified Contract that does not exceed the accumulated income under the Contract will be taxable in full. Any withdrawals under a tax-qualified Contract will be taxable except to the extent that they are allocable to an investment in the Contract (any after-tax contributions). In most cases, there will be little or no investment in the Contract for a tax-qualified Contract because contributions will have been made on a pre-tax or tax-deductible basis.

We do not assess the withdrawal charge on any payments paid out as:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• income payments during your Contract's income phase (but the withdrawal charge is deducted on the Income Date if that date is within 13 months of the Issue Date);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• death benefits;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• withdrawals necessary to satisfy the required minimum distribution of the Internal Revenue Code (but if the withdrawal requested exceeds the required minimum distribution then the entire amount withdrawn to fulfill your withdrawal request will be subject to the withdrawal charge); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• withdrawals of up to $250,000 from the Investment Divisions and from the Fixed Account if you need extended hospital or nursing home care as provided in your Contract.

We may reduce or eliminate the amount of the withdrawal charge when the Contract is sold under circumstances that reduce our sales expense. Some examples are: the purchase of a Contract by a large group of individuals or an existing relationship between us and a prospective purchaser. We may not deduct a withdrawal charge under a Contract issued to an officer, director, agent or employee of Jackson of NY or any of our affiliates.

**Transfer Charge.** We deduct **$25** for each transfer in excess of 25 in a Contract Year. For this purpose, all transfers that are processed on the same Business Day will be considered as one transfer. This charge is deducted from the amount that is transferred prior to the allocation to a different Investment Division or the Fixed Account, as applicable. The charge compensates us for the administrative cost associated with the transfers. We waive the transfer charge in connection with Dollar Cost Averaging, Earnings Sweep, Rebalancing transfers and any transfers we require.

**Expedited Delivery Charge.** When you request expedited delivery of any withdrawal amounts, there are additional charges assessed for this service. We pass the current charges for requested expedited delivery services through to you directly, with no added fees or profits to us. This means these charges are subject to change and are not subject to a maximum. The current charge for standard overnight delivery is $23. The current charge for overnight delivery on Saturday is $38.

**Wire Transfer Charge.** We pass the current charges for requested wire transfer services through to you directly, with no added fees or profits to us. This means these charges are subject to change and are not subject to a maximum. We currently charge $20 for standard wire transfers and $25 for international wire transfers in connection with requested withdrawals.

**Premium Taxes.** Your state may charge us Premium taxes or other similar taxes of up to 3.5% of a Premium payment. When required, we pay these taxes and may make a deduction from your Contract Values for them. Currently, Premium taxes do not apply. Premium tax is currently not charged back to the Contract, however, the Company reserves the right to deduct any amounts advanced to pay taxes from the Contract Value.

------

**Income Taxes.** We reserve the right, when calculating unit values, to deduct a credit or charge with respect to any taxes we have paid or reserved for during the valuation period that we determine to be attributable to the operation of the Separate Account, or to a particular Investment Division. No federal income taxes are applicable under present law, and we are not presently making any such deduction.

**ANNUAL CONTRACT EXPENSES**

**Core Contract Charge.** Each day, as part of our calculation of the value of the Accumulation Units and Annuity Units, we make a deduction for the Core Contract Charge. On an annual basis, this charge equals **1.40%** of the average daily net asset value of your allocations to the Investment Divisions. This charge does not apply to the Fixed Account.

This charge is reduced to 1.25% if the Contract Value on the later of the Issue Date or the most recent Contract Quarterly Anniversary is greater than or equal to $1 million. If your Contract Value subsequently drops below $1 million on the most recent Contract Quarterly Anniversary, the charge will be reinstated to 1.40%.

This charge compensates us for our expenses associated with administration of the Contracts and the Separate Account, acquisition of business including marketing expenses, risks we assume in connection with the Contracts, and costs associated with providing Contract benefits. We pay the operating expenses of the Separate Account, including those not covered by the Core Contract Charge.

**Annual Contract Maintenance Charge.** During the accumulation phase, we deduct a **$30** annual contract maintenance charge on each anniversary of the Issue Date. We will also deduct the annual contract maintenance charge if you make a total withdrawal. This charge is for administrative expenses in addition to those covered by the Core Contract Charge. The annual contract maintenance charge will be assessed on the Contract Anniversary or upon total withdrawal and is taken from the Investment Divisions and the Fixed Account Options based on the proportion their respective value bears to the Contract Value. We will not deduct this charge if the value of your Contract is $50,000 or more.

**ADD-ON BENEFIT EXPENSES**

**Guaranteed Minimum Withdrawal Benefit With Annual Step-Up ("AutoGuard") Charge.** The charge for this GMWB begins when the endorsement is added to the Contract and is expressed as an annual percentage of the GWB (see table below). The actual deduction of the charge will be reflected in your quarterly statement. For more information about the GWB, please see "Guaranteed Minimum Withdrawal Benefit With Annual Step-Up" beginning on page [47](#i6a8c7a642b0f405da7cd588a87395385_190).

The table below shows the maximum annual charge and maximum increase to the annual charge at one time. Current annual charges are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)."

---

| | | |
|:---|:---|:---|
| | Maximum Annual Charge | Maximum Increase to Annual Charge (at one time) |
| | 1.74% | 0.12% |
| Charge Basis | GMWB Charge Base | GMWB Charge Base |
| Charge Frequency | Monthly | Monthly |

---

We deduct the charge from your allocations to the Investment Divisions in the same proportions that the respective allocations bear to your Contract Value by canceling Accumulation Units rather than as part of the calculation to determine Accumulation Unit Value. While the charge is deducted from the Contract Value, it is based on the applicable percentage of the GWB. We will waive the charge at the end of a Contract Month, however, to the extent that the charge exceeds the amount of your Contract Value allocated to the Investment Divisions. Upon termination of the endorsement, including upon conversion (if conversion is permitted), the charge is prorated for the period since the last monthly charge.

We reserve the right to prospectively change the charge on new Contracts or if you select this benefit after your Contract is issued (subject to availability) – subject to the maximum annual charge.

On each fifth Contract Anniversary, we reserve the right to increase the charge, subject to the maximum annual charge. and maximum increase to annual charge shown in the table above. In this case, if the GMWB charge is to increase, a notice will be sent to you 45 days prior to the Contract Anniversary or Contract Quarterly Anniversary. You may elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provisions, automatic step-up provision, and any other increases to the GWB and GAWA. **Upon such election, no future Premium payments will be allowed.** While electing to discontinue these provisions will

------

prevent an increase in the charge, you will be foregoing possible increases in your GWB and/or GAWA, so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All elections must be received by us in Good Order prior to the Contract Anniversary. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter.

We stop deducting this charge on the earlier of the date that the GMWB is terminated, or your Contract Value is zero. Please review the current Rate Sheet Prospectus Supplement at <u>www.jackson.com/product-literature-4.html</u> to learn about the current level of the charge. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)." Upon election of the GMWB and a step-up, the applicable GMWB charge will be reflected in your confirmation. For more information about how the endorsement works, please see "Guaranteed Minimum Withdrawal Benefit With Annual Step-Up (AutoGuard)" beginning on page [47](#i6a8c7a642b0f405da7cd588a87395385_190). Also see "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [46](#i6a8c7a642b0f405da7cd588a87395385_187) for additional important information to consider when purchasing a Guaranteed Minimum Withdrawal Benefit.

**For Life Guaranteed Minimum Withdrawal Benefit With Bonus And Step-Up ("Flex GMWB") Charge.** The charge for this GMWB begins when the endorsement is added to the Contract and is expressed as an annual percentage of the Guaranteed Withdrawal Balance ("GWB"). The percentage varies depending on which benefit option you elect (see tables below). For more information about the GWB and the different benefit options, please see "Flex GMWB" beginning on page [52](#i6a8c7a642b0f405da7cd588a87395385_202). Prior to August 28, 2023, this GMWB was called "LifeGuard Freedom Flex GMWB".

The tables below shows the maximum annual charge and maximum increase to the annual charge at one time. Current annual charges are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)."

---

| | | |
|:---|:---|:---|
| **Flex GMWB** | **Flex GMWB** | **Flex GMWB** |
|  | Maximum Annual Charge | Maximum Increase to Annual Charge (at one time) |
| GMWB Charge | 3.00% | 0.24% |
| Charge Basis | GWB | GWB |
| Charge Frequency | Monthly | Monthly |

---

You pay the applicable percentage of the GWB each Contract Month.

We deduct the charge from your Contract Value. Monthly charges are deducted from your allocations to the Investment Divisions in the same proportions that the respective allocations bear to your Contract Value. We deduct the charge by redeeming Accumulation Units rather than as part of the calculation to determine Accumulation Unit Value. While the charge is deducted from the Contract Value, it is based on the applicable percentage of the GWB. We will waive the charge at the end of a Contract Month, however, to the extent that the charge exceeds the amount of your Contract Value allocated to the Investment Divisions. Upon termination of the endorsement, including upon conversion (if conversion is permitted), the charge is prorated for the period since the last monthly charge.

On each fifth Contract Anniversary, we reserve the right to increase the charge, subject to the applicable maximum annual charge and maximum increase to annual charge show in the table above. If the GMWB charge is to increase, a notice will be sent to you 45 days prior to the Contract Anniversary. You may elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provision, automatic step-up provision, GWB adjustment, and any other increases to the GWB and GAWA. **Upon such election, no future Premium payments will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in the charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All elections must be received by us in Good Order prior to the Contract Anniversary. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter.

The actual deduction of the charge will be reflected in your quarterly statement. You will continue to pay the charge for the endorsement through the earlier date that you annuitize the Contract or your Contract Value is zero. We will, however, stop deducting the charge under other circumstances that would cause the endorsement to terminate. For more information, please see "Termination" under "Flex GMWB" beginning on page [59](#i9aec1afa6e2b43b6bc8a447c9ead8d91_44663). We reserve the right to prospectively change the charge on new Contracts or if you select

------

this benefit after your Contract is issued (subject to availability), subject to the applicable maximum annual charge. Please review the current Rate Sheet Prospectus Supplement at <u>www.jackson.com/product-literature-4.html</u> to learn about the current level of the charge. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)." Upon election of the GMWB, the applicable GMWB charge will be reflected in your confirmation. For more information about how the endorsement works, please see "Flex GMWB" beginning on page [52](#i6a8c7a642b0f405da7cd588a87395385_202). Also see "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [46](#i6a8c7a642b0f405da7cd588a87395385_187) for additional important information to consider when purchasing a Guaranteed Minimum Withdrawal Benefit.

**Note: The above section describes the charge for the Flex GMWB only. If you purchase the Flex DB NY, additional charges apply. Please see "Add-On Death Benefit - Flex DB NY Charge" under "Contract Charges", beginning on page [34](#i6a8c7a642b0f405da7cd588a87395385_82) for details.**

**Joint For Life Guaranteed Minimum Withdrawal Benefit With Bonus And Step-Up ("Flex With Joint Option GMWB") Charge.** The charge for this GMWB begins when the endorsement is added to the Contract and is expressed as an annual percentage of the Guaranteed Withdrawal Balance ("GWB"). The percentage varies depending on which benefit option you elect (see tables below). For more information about the GWB and the different benefit options, please see "Flex With Joint Option GMWB" beginning on page [62](#i6a8c7a642b0f405da7cd588a87395385_205). Prior to August 28, 2023, this GMWB was called "LifeGuard Freedom Flex With Joint Option GMWB".

The table below shows the maximum annual charge and maximum increase to the annual charge at one time. Current annual charges are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)."

---

| | | |
|:---|:---|:---|
| **Flex With Joint Option GMWB** | **Flex With Joint Option GMWB** | **Flex With Joint Option GMWB** |
|  | Maximum Annual Charge | Maximum Increase to Annual Charge (at one time) |
| GMWB Charge | 3.00% | 0.24% |
| Charge Basis | GWB | GWB |
| Charge Frequency | Monthly | Monthly |

---

You pay the applicable percentage of the GWB each Contract Month.

We deduct the charge from your Contract Value. Monthly charges are deducted from your allocations to the Investment Divisions in the same proportions that the respective allocations bear to your Contract Value. We deduct the charge by redeeming Accumulation Units rather than as part of the calculation to determine Accumulation Unit Value. While the charge is deducted from the Contract Value, it is based on the applicable percentage of the GWB. We will waive the charge at the end of a Contract Month, however, to the extent that the charge exceeds the amount of your Contract Value allocated to the Investment Divisions. Upon termination of the endorsement, including upon conversion (if conversion is permitted), the charge is prorated for the period since the last monthly charge.

On each fifth Contract Anniversary, we reserve the right to increase the charge, subject to the applicable maximum annual charge and maximum increase to annual charge shown in the tables above. If the GMWB charge is to increase, a notice will be sent to you 45 days prior to the Contract Anniversary. You may then elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provision, automatic step-up provision, GWB adjustment, and any other increases to the GWB and GAWA. **Upon such election, no future Premium payments will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in the charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All elections must be received by us in Good Order prior to the Contract Anniversary. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter.

The actual deduction of the charge will be reflected in your quarterly statement. You will continue to pay the charge for the endorsement through the earlier date that you annuitize the Contract or your Contract Value is zero. We will, however, stop deducting the charge under other circumstances that would cause the endorsement to terminate. For more information, please see "Termination" under "Flex With Joint Option GMWB" beginning on page [69](#ie36c2c6427a345f2af09ec438f917376_52534). We reserve the right to prospectively change the charge on new Contracts or if you select this benefit after your Contract is issued (subject to availability), subject to the applicable maximum annual charge. Please review the current Rate Sheet Prospectus Supplement at <u>www.jackson.com/product-literature-4.html</u> to learn about the current level of the charge. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)." Upon election of the GMWB, the applicable GMWB charge will be reflected in your confirmation. For more information about how the endorsement works, please see "Flex With Joint Option GMWB" beginning on page [62](#i6a8c7a642b0f405da7cd588a87395385_205). Also see "Guaranteed

------

Minimum Withdrawal Benefit Important Special Considerations" beginning on page [46](#i6a8c7a642b0f405da7cd588a87395385_187) for additional important information to consider when purchasing a Guaranteed Minimum Withdrawal Benefit.

**For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount ("Flex Net GMWB") Charge.** The charge for this GMWB begins when the endorsement is added to the Contract and is expressed as an annual percentage of the Guaranteed Withdrawal Balance ("GWB"). The percentage varies depending on which benefit option you elect (see table below). For more information about the GWB and the different benefit options, please see "For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount" beginning on page [72](#i6a8c7a642b0f405da7cd588a87395385_193). Prior to August 28, 2023, this GMWB was called "LifeGuard Freedom Net GMWB".

The table below shows the maximum annual charge and maximum increase to the annual charge at one time. Current annual charges are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)."

---

| | | |
|:---|:---|:---|
| **Flex Net GMWB** | **Flex Net GMWB** | **Flex Net GMWB** |
|  | Maximum Annual Charge | Maximum Increase to Annual Charge (at one time) |
| GMWB Charge | 3.00% | 0.24% |
| Charge Basis | GWB | GWB |
| Charge Frequency | Monthly | Monthly |

---

You pay the applicable percentage of the GWB each Contract Month. We will waive the charge at the end of a Contract Month to the extent that the charge exceeds the amount of your Contract Value allocated to the Investment Divisions.

We deduct the charge from your allocations to the Investment Divisions in the same proportions that the respective allocations bear to your Contract Value by redeeming Accumulation Units rather than as part of the calculation to determine Accumulation Unit Value. While the charge is deducted from the Contract Value, it is based on the applicable percentage of the GWB. Upon termination of the endorsement, including upon conversion (if conversion is permitted), the charge is prorated for the period since the last monthly charge.

On each fifth Contract Anniversary, we reserve the right to increase the charge, subject to the applicable maximum annual charge and maximum increase to annual charge shown in the table above. If the GMWB charge is to increase, a notice will be sent to you 45 days prior to the Contract Anniversary. You may elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provisions, automatic step-up provision, GWB adjustment, and any other increases to the GWB and GAWA. **Upon such election, no future Premium payments will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All elections must be received by us in Good Order prior to the Contract Anniversary. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter.

The actual deduction of the charge will be reflected in your quarterly statement. You will continue to pay the charge for the endorsement through the earlier date that you annuitize the Contract or your Contract Value is zero. Also, we will stop deducting the charge under other circumstances that would cause the endorsement to terminate. For more information, please see "Termination" under "For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount" beginning on page [81](#ie4c40e76d4f646c98c456f38659eb40f_48210). We reserve the right to prospectively change the charge on new Contracts or if you select this benefit after your Contract is issued (subject to availability), subject to the applicable maximum annual charge. Please review the current Rate Sheet Prospectus Supplement at <u>www.jackson.com/product-literature-4.html</u> to learn about the current level of the charge. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)." Upon election of the GMWB, the applicable GMWB charge will be reflected in your confirmation. For more information about how the endorsement works, please see "For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount" beginning on page [72](#i6a8c7a642b0f405da7cd588a87395385_193). Also see "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [46](#i6a8c7a642b0f405da7cd588a87395385_187) for additional important information to consider when purchasing a Guaranteed Minimum Withdrawal Benefit.

------

**Joint For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount ("Flex Net With Joint Option GMWB") Charge.** The charge for this GMWB begins when the endorsement is added to the Contract and is expressed as an annual percentage of the Guaranteed Withdrawal Balance ("GWB"). The percentage varies depending on which benefit option you elect (see table below). For more information about the GWB and the different benefit options, please see "Joint For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount" beginning on page [84](#i6a8c7a642b0f405da7cd588a87395385_196). Prior to August 28, 2023, this GMWB was called "LifeGuard Freedom Net With Joint Option GMWB".

The tables below shows the maximum annual charge and maximum increase to the annual charge at one time. Current annual charges are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)."

---

| | | |
|:---|:---|:---|
| **Flex Net With Joint Option GMWB** | **Flex Net With Joint Option GMWB** | **Flex Net With Joint Option GMWB** |
|  | Maximum Annual Charge | Maximum Increase to Annual Charge (at one time) |
| GMWB Charge | 3.00% | 0.24% |
| Charge Basis | GWB | GWB |
| Charge Frequency | Monthly | Monthly |

---

You pay the applicable percentage of the GWB each Contract Month. We will waive the charge at the end of a Contract Month to the extent that the charge exceeds the amount of your Contract Value allocated to the Investment Divisions.

We deduct the charge from your allocations to the Investment Divisions in the same proportions that the respective allocations bear to your Contract Value by redeeming Accumulation Units rather than as part of the calculation to determine Accumulation Unit Value. While the charge is deducted from the Contract Value, it is based on the applicable percentage of the GWB. Upon termination of the endorsement, including upon conversion (if conversion is permitted), the charge is prorated for the period since the last monthly charge.

On each fifth Contract Anniversary, we reserve the right to increase the charge, subject to the applicable maximum annual charge and maximum increase to annual charge shown in the tables above. If the GMWB charge is to increase, a notice will be sent to you 45 days prior to the Contract Anniversary. You may then elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provision, automatic step-up provision, GWB adjustment, and any other increases to the GWB and GAWA. **Upon such election, no future Premium payments will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All elections must be received by us in Good Order prior to the Contract Anniversary. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter.

The actual deduction of the charge will be reflected in your quarterly statement. You will continue to pay the charge for the endorsement through the earlier date that you annuitize the Contract or your Contract Value is zero. Also, we will stop deducting the charge under other circumstances that would cause the endorsement to terminate. For more information, please see "Termination" under "Joint For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount" beginning on page [94](#i64afb4c3f01444b4979c61266dd17503_55655). We reserve the right to prospectively change the charge on new Contracts or if you select this benefit after your Contract is issued (subject to availability), subject to the applicable maximum annual charge. Please review the current Rate Sheet Prospectus Supplement at <u>www.jackson.com/product-literature-4.html</u> to learn about the current level of the charge. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)." Upon election of the GMWB, the applicable GMWB charge will be reflected in your confirmation. For more information about how the endorsement works, please see "Joint For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount" beginning on page [84](#i6a8c7a642b0f405da7cd588a87395385_196). Also see "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [46](#i6a8c7a642b0f405da7cd588a87395385_187) for additional important information to consider when purchasing a Guaranteed Minimum Withdrawal Benefit.

------

**For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits And Annual Step-Up ("LifeGuard Freedom Accelerator GMWB") Charge.**

**PLEASE NOTE: EFFECTIVE AUGUST 28, 2023, THIS ENDORSEMENT IS NO LONGER AVAILABLE FOR ELECTION.**

The charge for this GMWB begins when the endorsement is added to the Contract and is expressed as an annual percentage of the Guaranteed Withdrawal Balance ("GWB"). For more information about the GWB, please see "LifeGuard Freedom Accelerator GMWB" beginning on page [97](#i6a8c7a642b0f405da7cd588a87395385_208).

The table below shows the maximum annual charge and maximum increase to the annual charge at one time. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)."

---

| | | |
|:---|:---|:---|
| | Maximum Annual Charge | Maximum Increase to Annual Charge (at one time) |
| GMWB Charge | 2.34% | 0.24% |
| Charge Basis | GWB | GWB |
| Charge Frequency | Monthly | Monthly |

---

You pay the applicable percentage of the GWB each Contract Month.

We deduct the charge from your Contract Value. Monthly charges are deducted from your allocations to the Investment Divisions in the same proportions that the respective allocations bear to your Contract Value. We deduct the charge by redeeming Accumulation Units rather than as a part of the calculation to determine Accumulation Unit Value. While the charge is deducted from the Contract Value, it is based on the applicable percentage of the GWB. We will waive the charge at the end of a Contract Month, however, to the extent that the charge exceeds the amount of your Contract Value allocated to the Investment Divisions. Upon termination of the endorsement, including upon conversion (if conversion is permitted), the charge is prorated for the period since the last monthly charge.

On each fifth Contract Anniversary, we reserve the right to increase the charge, subject to the applicable maximum annual charge and maximum increase to annual charge shown in the tables above. If the GMWB charge is to increase, a notice will be sent to you 45 days prior to the Contract Anniversary. You may elect to opt out of the charge increase and any future charge increases by forfeiting any future deferral credits, automatic step-ups, and any other increases to the GWB and GAWA. **Upon such election, no future Premium payments will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in the charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All elections must be received by us in Good Order prior to the Contract Anniversary. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter.

The actual deduction of the charge will be reflected in your quarterly statement. You will continue to pay the charge for the endorsement through the earlier date that you annuitize the Contract or your Contract Value is zero. We will, however, stop deducting the charge under other circumstances that would cause the endorsement to terminate. For more information, please see "Termination" under "LifeGuard Freedom Accelerator GMWB" beginning on page [103](#ie0240ce6cbd9412c937604c3506bc6a7_45922). We reserve the right to prospectively change the charge on new Contracts or if you select this benefit after your Contract is issued (subject to availability), subject to the applicable maximum annual charge. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)." Upon election of the GMWB, the applicable GMWB charge will be reflected in your confirmation. For more information about how the endorsement works, please see the section titled "LifeGuard Freedom Accelerator GMWB". Also see "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [46](#i6a8c7a642b0f405da7cd588a87395385_187) for additional important information to consider when purchasing a Guaranteed Minimum Withdrawal Benefit.

**Note: The above section describes the charge for the LifeGuard Freedom Accelerator GMWB only. If you purchase the LifeGuard Freedom Accelerator DB NY, additional charges apply for that benefit. Please see "LifeGuard Freedom Accelerator DB NY" under "Contract Charges", in the part entitled "Death Benefit Charges", beginning on page [124](#i6a8c7a642b0f405da7cd588a87395385_250) for details.**

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**Joint For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits And Annual Step-Up ("LifeGuard Freedom Accelerator With Joint Option GMWB") Charge.**

**PLEASE NOTE: EFFECTIVE AUGUST 28, 2023, THIS ENDORSEMENT IS NO LONGER AVAILABLE FOR ELECTION.**

The charge for this GMWB begins when the endorsement is added to the Contract and is expressed as an annual percentage of the Guaranteed Withdrawal Balance ("GWB"). For more information about the GWB, please see "LifeGuard Freedom Accelerator With Joint Option GMWB" beginning on page [104](#i6a8c7a642b0f405da7cd588a87395385_211).

The table below shows the maximum annual charge and maximum increase to the annual charge at one time. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)."

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| | | |
|:---|:---|:---|
| | Maximum Annual Charge | Maximum Increase to Annual Charge (at one time) |
| GMWB Charge | 2.52% | 0.24% |
| Charge Basis | GWB | GWB |
| Charge Frequency | Monthly | Monthly |

---

You pay the applicable percentage of the GWB each Contract Month.

We deduct the charge from your Contract Value. Monthly charges are deducted from your allocations to the Investment Divisions in the same proportions that the respective allocations bear to your Contract Value. We deduct the charge by redeeming Accumulation Units rather than as a part of the calculation to determine Accumulation Unit Value. While the charge is deducted from the Contract Value, it is based on the applicable percentage of the GWB. We will waive the charge at the end of a Contract Month, however, to the extent that the charge exceeds the amount of your Contract Value allocated to the Investment Divisions. Upon termination of the endorsement, including upon conversion (if conversion is permitted), the charge is prorated for the period since the last monthly charge.

On each fifth Contract Anniversary, we reserve the right to increase the charge, subject to the applicable maximum annual charge and maximum increase to annual charge shown in the tables above. If the GMWB charge is to increase, a notice will be sent to you 45 days prior to the Contract Anniversary. You may elect to opt out of the charge increase and any future charge increases by forfeiting any future deferral credits, automatic step-ups, and any other increases to the GWB and GAWA. **Upon such election, no future Premium payments will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in the charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All elections must be received by us in Good Order prior to the Contract Anniversary. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter.

The actual deduction of the charge will be reflected in your quarterly statement. You will continue to pay the charge for the endorsement through the earlier date that you annuitize the Contract or your Contract Value is zero. We will, however, stop deducting the charge under other circumstances that would cause the endorsement to terminate. For more information, please see "Termination" under the section titled "LifeGuard Freedom Accelerator With Joint Option GMWB" beginning on page [111](#i5e2f2596b9ed48b392ee0cb11b52e6e9_46808). We reserve the right to prospectively change the charge on new Contracts or if you select this benefit after your Contract is issued (subject to availability), subject to the applicable maximum annual charge. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)." Upon election of the GMWB, the applicable GMWB charge will be reflected in your confirmation. For more information about how the endorsement works, please see the section titled "LifeGuard Freedom Accelerator With Joint Option GMWB". Also see "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [46](#i6a8c7a642b0f405da7cd588a87395385_187) for additional important information to consider when purchasing a Guaranteed Minimum Withdrawal Benefit.

**Guaranteed Minimum Withdrawal Benefit For Stretch RMDs ("MarketGuard Stretch GMWB") Charge.** The charge for this GMWB begins when the endorsement is added to the Contract and is expressed as an annual percentage of the GMWB Charge Base (see table below).

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The table below shows the maximum annual charge and maximum increase to the annual charge at one time. Current annual charges are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)."

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| | | |
|:---|:---|:---|
| | Maximum Annual Charge | Maximum Increase to Annual Charge (at one time) |
| | 2.22% | 0.12% |
| Charge Basis | GMWB Charge Base | GMWB Charge Base |
| Charge Frequency | Monthly | Monthly |

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**<u>GMWB Charge Base</u>**. At election, the GMWB Charge Base is equal to the Guaranteed Withdrawal Balance ("GWB"). After each subsequent Premium payment, the GMWB Charge Base is increased by the amount of the Premium payment net of any applicable Premium taxes, subject to a maximum of $10,000,000. The GMWB Charge Base is not reduced for withdrawals unless a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the Guaranteed Annual Withdrawal Amount ("GAWA") or Stretch RMD, as applicable. In this case, the GMWB Charge Base is reduced for the Excess Withdrawal amount in the same proportion as the Contract Value is reduced by the Excess Withdrawal. The Excess Withdrawal is defined to be the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The total amount of the current partial withdrawal, *<u>Or</u>*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount by which the cumulative partial withdrawals for the current Contract Year exceeds the greater of the GAWA or the Stretch RMD, as applicable.

For more information about the GAWA and Stretch RMD, please see "Guaranteed Minimum Withdrawal Benefit For Stretch RMDs ("MarketGuard Stretch GMWB") beginning on page [112](#i6a8c7a642b0f405da7cd588a87395385_214).

We deduct the charge from your allocations to the Investment Divisions in the same proportions that the respective allocations bear to your Contract Value. With the Investment Divisions, we deduct the charge by canceling Accumulation Units rather than as part of the calculation to determine Accumulation Unit Value. While the charge is deducted from the Contract Value, it is based on the applicable percentage of the GMWB Charge Base. We will waive the charge at the end of a Contract Month, however, to the extent that the charge exceeds the amount of your Contract Value allocated to the Investment Divisions. Upon termination of the endorsement, the charge is prorated for the period since the last monthly charge.

On each fifth Contract Anniversary, we reserve the right to increase the charge, subject to the applicable maximum charge and a maximum increase to the annual charge at any one time of 0.24%. If the GMWB charge is to increase, a notice will be sent to you 45 days prior to the Contract Anniversary. You may then elect to opt out of the current charge increase and any future charge increases. **Upon such election, no future Premium payments will be allowed, and the GAWA% will be determined with no future recalculation.** While electing to discontinue future Premium payments will prevent an increase in charge, you will be foregoing possible increases in your GMWB so carefully consider this decision should we notify you of a charge increase. Such election is final. All elections must be received by us in Good Order prior to the Contract Anniversary. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter.

The actual deduction of the charge will be reflected in your quarterly statement. We stop deducting this charge on the earlier of the date the endorsement terminates, or the date your Contract Value is zero. We reserve the right to prospectively change the charge on new Contracts or if you select this benefit after your Contract is issued (subject to availability), subject to the applicable maximum annual charge. Please review the current Rate Sheet Prospectus Supplement at <u>www.jackson.com/product-literature-4.html</u> to learn about the current level of the charge. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)." For more information about how the endorsement works, please see "Guaranteed Minimum Withdrawal Benefit For Stretch RMDs ('MarketGuard Stretch GMWB')" beginning on page [112](#i6a8c7a642b0f405da7cd588a87395385_214). Also see "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [46](#i6a8c7a642b0f405da7cd588a87395385_187) for additional important information to consider when purchasing a Guaranteed Minimum Withdrawal Benefit.

**Four-Year Withdrawal Charge Period.** 

**PLEASE NOTE: EFFECTIVE AUGUST 28, 2023, THIS ENDORSEMENT IS NO LONGER AVAILABLE FOR ELECTION.**

If you select the add-on four-year withdrawal charge period feature, you will pay a maximum of **0.40%** on an annual basis of the average daily net asset value of your allocations to the Investment Divisions. The current charge for this add-on benefit is disclosed in

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a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)." We stop deducting this charge after the first four Contract Years.

**ADD-ON DEATH BENEFIT EXPENSES**

There is no additional charge for the Contract's basic death benefit. However, for an additional charge, you may select the Contract's available add-on death benefit in place of the basic death benefit.

**Highest Anniversary Value Guaranteed Minimum Death Benefit Charge.** If you select the **Highest Anniversary Value Guaranteed Minimum Death Benefit**, you will pay a maximum of 0.50% on new issues, on an annual basis of the average daily net asset value of your allocations to the Investment Divisions. Current annual charges are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)." We stop deducting this charge on the date you annuitize.

On each fifth Contract Anniversary, we reserve the right to increase the charge percentage by 0.05% annually, subject to the maximum annual charge noted above. If the GMDB charge is to increase, a notice will be sent to you 45 days prior to the Contract Anniversary. You may then elect to You may then elect to opt out of the charge increase and any future charge increases by forfeiting the highest anniversary value provision, and any future increases to the GMDB Benefit Base. **Upon such election, no future Premium payments will be allowed.** While electing to discontinue this provision will prevent an increase in charge, you will be foregoing possible increases in your GMDB Benefit Base so carefully consider this decision should we notify you of a charge increase. Such election is final. All elections must be received by us in Good Order prior to the Contract Anniversary. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter.

**Flex DB NY Charge.** If you select the **Flex DB NY** add-on death benefit, which is only available in conjunction with the purchase of the Flex GMWB with specified benefit options, you will pay two separate charges for the combined benefit. **The charge for Flex DB NY, which is based on a percentage of the GMWB Death Benefit, is separate from and in addition to the charge for the Flex GMWB.** The charge for this death benefit begins when the endorsement is added to the Contract and is expressed as an annual percentage of the GMWB Death Benefit. The percentage varies depending on which benefit option you elect, but will never exceed the maximum stated in the table below. At the time you purchased your Contract, different benefit option requirements may have been in place for election of the Flex DB NY. Please see "Appendix G (Historical Add-On Benefit Rates)" for more information. Prior to August 28, 2023, Flex DB NY was called "LifeGuard Freedom Flex DB NY" and Flex GMWB was called "LifeGuard Freedom Flex GMWB."

The table below shows the maximum annual charge and maximum increase to the annual charge at one time. Current annual charges are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)."

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| | | |
|:---|:---|:---|
| | Maximum Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Death Benefit Charge | 1.02% | 0.12% |
| Charge Basis | GMWB Death Benefit | GMWB Death Benefit |
| Charge Frequency | Monthly | Monthly |

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For more information about the GMWB Death Benefit, please see "Flex DB NY" under "Add-On Death Benefits", beginning on page [122](#i6a8c7a642b0f405da7cd588a87395385_247). For more information about the charges for Flex GMWB , please see page [27](#i6a8c7a642b0f405da7cd588a87395385_97) and for benefit information, including the GWB, please see "Flex GMWB" beginning on page [52](#i6a8c7a642b0f405da7cd588a87395385_202)**.** 

We deduct the charge from your Contract Value. The charge is deducted from your allocations to the Investment Divisions in the same proportions that the respective allocations bear to your Contract Value. The charge is deducted from the Investment Divisions by the redemption of Accumulation Units attributable to your Contract rather than as an asset based charge applied to the assets of all Contract Owners who elected the add-on death benefit. While the charge is deducted from the Contract Value, it is calculated based on the applicable percentage of the GMWB Death Benefit. Upon termination of the endorsement, the charge is prorated for the period since the last monthly charge.

On each fifth Contract Anniversary, we reserve the right to increase the charge subject to the maximum annual charge and maximum increase to the annual charge (at one time) as detailed in the table above. If the GMWB Death Benefit charge is to increase, a notice

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will be sent to you 45 days prior to the Contract Anniversary. You may then elect to opt out of the charge increase and any future charge increases by forfeiting increases to the GMWB Death Benefit. **Upon such election, no future Premium payments will be allowed.** While electing to discontinue this provision will prevent an increase in charge, you will be foregoing possible increases in your GMWB Death Benefit so carefully consider this decision should we notify you of a charge increase. Such election is final. All elections must be received by us in Good Order prior to the Contract Anniversary. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter.

**LifeGuard Freedom Accelerator DB NY Charge.** 

**PLEASE NOTE: EFFECTIVE AUGUST 28, 2023, THIS ENDORSEMENT IS NO LONGER AVAILABLE FOR ELECTION.**

If you select the LifeGuard Freedom Accelerator DB NY add-on death benefit, which is only available in conjunction with the purchase of the LifeGuard Freedom Accelerator GMWB, you will pay two separate charges for the combined benefit. **<u>The charge for LifeGuard Freedom Accelerator DB NY, which is based on a percentage of the GMWB Death Benefit, is separate from and in addition to the charge for the LifeGuard Freedom Accelerator GMWB.</u>** The charge for this death benefit begins when the endorsement is added to the Contract and is expressed as an annual percentage of the GMWB Death Benefit.

The table below shows the maximum annual charge and maximum increase to the annual charge at one time. For a list of historical add-on benefit charges, please see "Appendix F (Historical Add-On Benefit Charges)."

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| | | |
|:---|:---|:---|
| | Maximum Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Death Benefit Charge | 0.84% | 0.12% |
| Charge Basis | GMWB Death Benefit | GMWB Death Benefit |
| Charge Frequency | Monthly | Monthly |

---

For more information about the GMWB Death Benefit, please see "LifeGuard Freedom Accelerator DB NY" under "Add-on Death Benefits", beginning on page [34](#i6a8c7a642b0f405da7cd588a87395385_3235). For more information about the charges for LifeGuard Freedom Accelerator GMWB, please see page [31](#i6a8c7a642b0f405da7cd588a87395385_103), and for benefit information, including the GWB, please see "LifeGuard Freedom Accelerator GMWB" beginning on page [97](#i6a8c7a642b0f405da7cd588a87395385_208).

We deduct the charge from your Contract Value. The charge is deducted from your allocations to the Investment Divisions in the same proportions that the respective allocations bear to your Contract Value. The charge is deducted from the Investment Divisions by the redemption of Accumulation Units attributable to your Contract rather than as an asset-based charge applied to the assets of all Contract Owners who elected the add-on death benefit. While the charge is deducted from Contract Value, it is calculated based on the applicable percentage of the GMWB Death Benefit. Upon termination of the endorsement, the charge is prorated for the period since the last quarterly or monthly charge.

On each fifth Contract Anniversary, we reserve the right to increase the charge subject to the maximum annual charge and maximum increase to the annual charge (at one time) as detailed in the table above. If the GMWB Death Benefit charge is to increase, a notice will be sent to you 45 days prior to the Contract Anniversary. You may then elect to opt out of the charge increase and any future charge increases by forfeiting increases to the GMWB Death Benefit. **Upon such election, no future Premium payments will be allowed.** While electing to discontinue this provision will prevent an increase in charge, you will be foregoing possible increases in your GMWB Death Benefit so carefully consider this decision should we notify you of a charge increase. Such election is final. All elections must be received by us in Good Order prior to the Contract Anniversary. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter.

**CONTRACT ADJUSTMENTS**

**Market Value Adjustment.** A Market Value Adjustment ("MVA") may apply to amounts withdrawn or transferred from a Fixed Account Option prior to the end of the specified period. The Market Value Adjustment reflects changes in the level of interest rates since the beginning of the Fixed Account Option period. Market Value Adjustments protect the Company from risks related to

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the value of the fixed investment instruments supporting the Contract guarantees if amounts are withdrawn prematurely. The Market Value Adjustment shifts the risk from the Company to you.

In order to determine whether there will be a Market Value Adjustment, we first consider the base interest rate of the Fixed Account Option from which you are removing Contract Value as a withdrawal or transfer. As discussed in the section titled "The Fixed Account" beginning on page [30](#i6a8c7a642b0f405da7cd588a87395385_94), in the subsection titled "Rates of Interest we Credit," the base interest rate is a rate which we declare at the time you allocate any amount to a Fixed Account Option and which we credit to that Fixed Account Option if and when such base interest rate is higher than the Fixed Account minimum interest rate. The Market Value Adjustment is based on the relationship of the base interest rate on your Fixed Account Option to the current new business interest rate, which is a rate that we use solely for purposes of calculating the amount of any Market Value Adjustment. The current new business interest rate is 0.25% per annum greater than the base interest rate we are then offering for new allocations to Fixed Account Options with the same duration as your Fixed Account Option. If we are not offering that duration at the time of your withdrawal or transfer, we will estimate a base interest rate for that duration based on the closest durations that we are then offering.

If the base interest rate available for allocations into a new Fixed Account Option at the time of your withdrawal or transfer is *higher* than the base interest rate declared at the time of your allocation to a Fixed Account Option, a *negative* adjustment to the amount withdrawn or transferred may apply, which would *reduce* the amount paid or transferred. If the base interest rate available for allocations into a new Fixed Account Option at the time of withdrawal or transfer is *lower* than the base interest rate declared at the time of your allocation to a Fixed Account Option, a *positive* adjustment to the amount withdrawn or transferred may apply, which would *increase* the amount paid or transferred. There will be no Market Value Adjustment if the two rates are the same.

If the current new business interest rate is greater than the base interest rate for the Fixed Account Option from which the amount is removed, there will be no Market Value Adjustment if the difference between the two is less than 0.25%. This limitation avoids decreases in the amount paid or transferred in situations where the general level of interest rates has declined but the current new business interest rate nevertheless exceeds the base interest rate for your Fixed Account Option because of the additional 0.25% that is added when determining the current new business interest rate (as described above).

**The application of a Market Value Adjustment could result in a reduction in the amount you receive from a withdrawal, and in extreme circumstances, such losses could be as high as 100% of any credited interest. A Market Value Adjustment will never cause you to lose any of your original investment.** The maximum loss would only occur if interest rates have risen dramatically between the date your Contract was issued and the time of your total withdrawal. A Market Value Adjustment will not otherwise affect the values under your Contract. Please see the SAI for an illustration of how an MVA impacts your withdrawals and contract values.

There is no Market Value Adjustment on: amounts taken from the one-year Fixed Account Option; death benefit payments; payments pursuant to a life contingent income option or an income option resulting in payments spread over at least five years; amounts withdrawn for Contract charges; free withdrawals; amounts removed from any Fixed Account Option on the Latest Income Date and amounts removed from any Fixed Account Option in the 30-day period following the end of a Fixed Account Option. In no event will the amount of a total withdrawal or transfer from the Fixed Account Options be less than the Fixed Account Minimum Value. In the case of a withdrawal or transfer from a Fixed Account Option, the amount withdrawn or transferred will have been credited with interest at a rate at least equal to the Fixed Account minimum interest rate, even if subject to a Market Value Adjustment that otherwise would have reduced it below that rate.

The following example illustrates how the Fixed Account Minimum Value may affect a Market Value Adjustment on a total withdrawal. If you allocated your $10,000 initial Premium to the Fixed Account and your declared rate of interest was 3%, after one year (assuming no other transactions) your Contract Value in the Fixed Account would be $10,300. If the Fixed Account minimum interest rate was 1%, your Fixed Account Minimum Value would be $10,100. In this case, a Market Value Adjustment could not reduce the withdrawal by more than $200 (the difference between your Contract Value in the Fixed Account and the Fixed Account Minimum Value). For example, if you request a total withdrawal (gross amount of $10,300) and it is subject to a $100 negative Market Value Adjustment, the withdrawal amount would be adjusted to $10,200. However, if it were subject to a negative $500 Market Value Adjustment, the withdrawal would be adjusted to $10,100 (i.e. the Fixed Account Minimum Value), so that it does not invade the Fixed Account Minimum Value. Immediately after the latter withdrawal example, there will be no difference between your Contract Value in the Fixed Account and Fixed Account Minimum Value, and no negative Market Value Adjustments will apply on subsequent withdrawals until the Contract Value in the Fixed Account grows to be larger than the Fixed Account Minimum Value.

**FUND EXPENSES**

Fund fees and expenses are deducted from and paid out of the assets of the Funds. The value of the assets of the Investment Divisions will indirectly reflect the Funds' total fees and expenses. The Funds' total fees and expenses are not part of the Contract. They may vary in amount from year to year. The Funds' fees and expenses are described in the summary prospectus for each Fund.

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**DISTRIBUTION OF CONTRACTS** 

Jackson National Life Insurance Company of New York ("Jackson of NY"), located at 2900 Westchester Avenue, Purchase, New York 10577, is the issuer for these Contracts. Jackson National Life Distributors LLC ("JNLD"), located at 300 Innovation Drive, Franklin, Tennessee 37067, serves as the distributor of the Contracts. JNLD also serves as distributor of other variable insurance products issued by Jackson of NY and its parent, Jackson National Life Insurance Company ("Jackson").

JNLD is a wholly owned subsidiary of Jackson. JNLD is registered as a broker-dealer with the Securities and Exchange Commission under the Securities Exchange Act of 1934 and is a member of the Financial Industry Regulatory Authority ("FINRA"). For more information on broker-dealers and their registered representatives, you may use the FINRA BrokerCheck program via telephone (1-800-289-9999) or the Internet (http://brokercheck.finra.org).

The Contracts are offered to customers of various selling firms, brokerage firms and their affiliate insurance agencies (each a "Selling Firm," collectively "Selling Firms"). No Selling Firm has any legal responsibility to pay amounts that are owed under the Contracts. The obligations and guarantees under the Contracts are the sole responsibility of Jackson of NY. The Selling Firms are responsible for delivery of various related disclosure documents and the accuracy of their oral description and suitable recommendation of the purchase of the Contracts.

Commissions are paid to Selling Firms that are unaffiliated with us and sell the Contracts. While commissions may vary, they are not expected to exceed 8% of any premium payment. Where lower commissions are paid up front, trail commissions may also be paid. Commissions may also be paid on the Income Date if the annuity option selected involves a life contingency or a payout over a period of ten or more years. The Selling Firms determine the amount of the commission that will be paid to their registered representatives. The amounts paid may vary based upon the practices of each Selling Firm and may be withheld on certain transactions.

Under certain circumstances, JNLD and/or Jackson of NY or our affiliates may make payments to Selling Firms in addition to commissions, in connection with the sale of Jackson and Jackson of NY variable insurance products. These payments and/or reimbursements are in recognition of marketing, distribution, and/or administrative support provided by the Selling Firm and may not be offered to all Selling Firms. The terms of these arrangements vary widely depending on, among other things, products offered; the level and type of marketing, distribution, and administrative support services provided; assets under management; the volume of sales; and the level of access we are provided to the registered representatives of the Selling Firm. Such payments may influence Selling Firms and/or their registered representatives to present the Contracts more favorably than other investment alternatives. Such compensation is subject to applicable state insurance law and regulation, FINRA rules of conduct, Securities and Exchange Commission rules, and Department of Labor ("DOL") rules and regulations. While such compensation may be significant, it does not result in any additional direct charge by us to you beyond the standard contract charges.

Under these compensation structures, JNLD and/or Jackson of NY or our affiliates may make marketing allowance payments, marketing support payments, and other administrative payments to the Selling Firms. Marketing allowance payments are payments that are designed as consideration for product placement and distribution, assets under management, and sales volume. Marketing allowance payments and marketing support payments are generally based on a fixed percentage of annual product sales and generally range from 10 to 50 basis points (0.10% to 0.50%). Other administrative payments are designed to support administrative services, distribution support, platform services and fees, or concierge services and generally range from 45 to 75 basis points (0.45% to 0.75%). Payments may also be based on a percentage of assets under management or paid as a specified dollar amount. Marketing support payments may be in the form of cash and/or non-cash compensation to or on behalf of Selling Firms and their registered representatives and are intended to provide us with exposure to registered representatives so that we may build relationships or educate them about product features and benefits. Examples of such payments include, but are not limited to, reimbursements for representative training or "due diligence" meetings (including travel and lodging expenses); client and prospecting events; speaker fees; business development and educational enhancement items (such as software packages containing information for broker use, or prospecting lists); sponsorship payments for participation at conferences and meetings; and other support services, including payments to third-party vendors for such services. Payments or reimbursements for meetings and seminars are generally based on the anticipated level of participation and/or accessibility and the size of the audience. Subject to applicable laws and regulations including FINRA rules of conduct and DOL rules and regulations, we may also provide cash and/or non-cash compensation to registered representatives in the form of gifts, promotional items, occasional meals, and entertainment. Registered representatives may qualify for different levels of sales and service support depending on the volume of business that they do with us.

We may use any of our corporate assets to cover the cost of distribution, including any profit from the Contract's Core Contract Charge and other charges.

The alphabetical listing below details the 20 Selling Firms that received the largest amounts of marketing allowance payments and/or marketing support payments in 2025 from JNLD and/or Jackson of NY or our affiliates in relation to the sale of Jackson and Jackson

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of NY variable insurance products. The total payments received by a Selling Firm is based on sales of all Jackson and Jackson of NY variable insurance products, thus a Selling Firm may appear on the list even if it is not receiving any payments with respect to sales of the Contracts. Payments to these firms ranged from approximately $442 thousand to approximately $22.2 million.

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| |
|:---|
| LPL Financial Corporation |
| Morgan Stanley Smith Barney, LLC |
| MML Investors Services / MSI Financial Services |
| Wells Fargo Advisors / Investments |
| Osaic (formerly Advisor Group) |
| UBS Financial Services, Inc. |
| Ameriprise |
| Raymond James & Associates, Inc. |
| Commonwealth Financial Network |
| Cetera Advisor Networks, LLC |
| Cambridge Investment |
| Park Avenue Securities |
| Stifel Nicolaus & Co., Inc. |
| State Farm |
| Lincoln Investment Planning |
| DPL (The Leader's Group) |
| Cetera Advisors LLC |
| Centaurus Financial |
| Avantax (formerly H.D. Vest Investment Securities, Inc. |
| Transamerica Financial Services, Inc. |

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Please see Appendix C for a complete list of Selling Firms that received amounts of marketing allowance payments and/or marketing support payments in 2025 from JNLD and/or Jackson of NY or our affiliates in relation to the sale of our variable insurance products. While we endeavor to update this list on an annual basis, please note that interim changes or new arrangements may not be listed and may involve substantial payments on a forward going basis.

Compensation is also paid to employees of JNLD and/or Jackson of NY or our affiliates who are responsible for providing services to Selling Firms. These employees are generally referred to as "wholesalers" and may meet with Selling Firms and/or their registered representatives to provide training and sales support. The compensation paid to the wholesalers may vary based on a number of factors, including Premium payments; types of Contracts or optional benefits (if any) sold by the Selling Firm that the wholesaler services; wholesaler performance; and overall company performance. The wholesaler may be required to achieve internally-assigned goals related to the same type of factors and may receive bonus payments for the achievement of individual and/or company-wide goals.

JNLD also has relationships with the sub-advisers to the various underlying Funds and their affiliates. JNLD receives payments from some sub-advisers to assist in defraying the costs of certain promotional and marketing meetings in which the sub-advisers participate. The amounts paid depend on the nature of the meetings, the number of meetings attended, the costs expected to be incurred and the level of the sub-adviser's participation. Our affiliated Selling Firms may have other relationships with the sub-advisers (apart from Jackson) including selling retail mutual funds managed or advised by certain sub-advisers.

All of the compensation described here, and other compensation or benefits provided by the Distributor and/or Jackson of NY or our affiliates, may be greater or less than the total compensation on similar or other products. The amount and/or structure of the compensation can create a conflict of interest as it may influence your Selling Firm and registered representative to present this Contract over other investment alternatives. The variations in compensation, however, may also reflect differences in sales effort or ongoing customer services expected of the Selling Firm and registered representative. You may ask your registered representative about any variations and how he or she and his or her Selling Firm are compensated for selling the Contract.

We sell Jackson products for which Jackson National Asset Management ("JNAM") is the advisor. JNAM also serves as the administrator for some sub-accounts. JNLD and JNAM are both subsidiaries of Jackson and have the same ultimate parent company, Jackson Financial Inc. JNLD earns fees associated with its role in distributing JNAM sub-accounts. JNAM also earns fees from the variable annuity contract values that are invested in its various sub-accounts.

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**PURCHASES**

**Minimum Initial Premium:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $10,000 under most circumstances

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $5,000 for a qualified plan Contract

**Minimum Additional Premiums:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $500 for a qualified or non-qualified plan

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $50 for an automatic payment plan

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• You can pay additional Premiums at any time during the accumulation phase unless a specific add-on benefit or feature provides limitations. However, if the Four-Year Withdrawal Charge Period is elected, no Premium will be accepted after the first Contract Year.

These minimums apply to purchases, but do not preclude subsequent partial withdrawals that would reduce Contract Values below the minimum initial purchase amounts, as long as the amount left in the account is sufficient to pay the withdrawal charge. We reserve the right to limit the number of Contracts that you may purchase. We reserve the right, in our discretion, to limit, restrict, suspend or reject any or all initial or subsequent Premium payments and to limit the amount, frequency or timing of Premium payments, at any time on a non-discriminatory basis. Any of these actions by us would limit your ability to invest in the Contract and increase your values and benefits. There is a $100 minimum balance requirement for each Investment Division and Fixed Account Option. We reserve the right to restrict availability or impose restrictions on the Fixed Account Options.

**Maximum Premiums:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The maximum aggregate Premiums you may make without our prior approval is $1 million.

The payment of subsequent Premiums, depending on market conditions at the time they are made, may or may not contribute to the various benefits under your Contract, including the death benefit, or any GMWB. Our right to restrict Premiums to a lesser maximum amount may also affect the benefits under your Contract.

**Allocations of Premium.** You may allocate your Premiums to one or more of the Fixed Account and Investment Divisions. Each allocation must be a whole percentage between 0% and 100%. The minimum amount you may allocate to the Fixed Account or an Investment Division is $100. We will allocate any additional Premiums you pay in the same way unless you instruct us otherwise.

You may not allocate your Contract Values among more than 99 Investment Divisions and Fixed Account Options at any one time.

We will issue your Contract and allocate your first Premium within two Business Days (days when the New York Stock Exchange is open) after we receive your first Premium and all information that we require for the purchase of a Contract. If we do not receive all of the information that we require, we will contact you to get the necessary information. If for some reason we are unable to complete this process within five Business Days, we will return your money. Subsequent Premiums are allocated on the Business Day that the Premium is received. Each Business Day ends when the New York Stock Exchange closes (usually 4:00 p.m. Eastern time).

**Capital Protection Program.**

**PLEASE NOTE: EFFECTIVE AUGUST 28, 2023, THIS PROGRAM IS NO LONGER AVAILABLE FOR ELECTION.**

If you select our Capital Protection program at issue, we will allocate enough of your Premium to the Fixed Account you select to assure that the amount so allocated will equal at the end of a selected Fixed Account Option period, your total original Premium paid. You may allocate the rest of your Premium to any Investment Division(s). If any part of the Fixed Account value is withdrawn or transferred before the end of the selected period, the value at the end of that period will not equal the original Premium. This program is available only if Fixed Account Options are available. There is no charge for the Capital Protection Program. You should consult

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your financial professional with respect to the current availability of the 3, 5 and 7 year Fixed Account Options and the availability of the Capital Protection program.

For an example of capital protection, assume you made a Premium payment of $10,000 when the interest rate for the seven-year period was 3% per year. We would allocate $8,131 to that period because $8,131 would increase at that interest rate to $10,000 after seven years, assuming no withdrawals are taken. The remaining $1,869 of the payment would be allocated to the Investment Division(s) you selected.

Shorter specified periods require allocation of substantially all of your Premium to achieve the intended result. In any case, the results will depend on the interest rate declared for the specified period. Please note, the interest rate used in the above example is for illustrative purposes only and is not intended to reflect the current interest rate for the specified period of this duration.

**Accumulation Units.** Your Contract Value allocated to the Investment Divisions will go up or down depending on the performance of the Investment Divisions you select. In order to keep track of the value of your Contract during the accumulation phase, we use a unit of measure called an "Accumulation Unit." During the income phase we use a measure called an "Annuity Unit."

Every Business Day, we determine the value of an Accumulation Unit for each of the Investment Divisions by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• determining the total amount of assets held in the particular Investment Division;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• subtracting any asset-based charges and taxes chargeable under the Contract; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• dividing this amount by the number of outstanding Accumulation Units.

Charges deducted through the cancellation of units are not reflected in this computation.

The Accumulation Unit value may go up or down from day to day based on the performance of the Funds, expenses, and deduction of Contract charges. The value of an Accumulation Unit is determined on the basis of the per share value of an underlying Fund less applicable Separate Account charges, including any add-on benefit charges that are based on average daily Contract Value in the Investment Divisions and are deducted daily as part of the calculation of Accumulation Units. The base Contract has a different Accumulation Unit value than that of certain combinations of optional endorsements an Owner may elect, based on the differing amount of charges applied in calculating that Accumulation Unit value. We cancel Accumulation Units when we remove amounts from that Investment Division, including as a result of a withdrawal, transfer, Contract surrender, and certain charges we may deduct.

When you make a Premium payment, we credit your Contract with Accumulation Units. The number of Accumulation Units we credit is determined at the close of that Business Day by dividing the amount of the Premium allocated to any Investment Division by the value of the Accumulation Unit for that Investment Division that reflects the combination of optional endorsements you have elected and their respective charges. If your Premium payment is received after the close of the New York Stock Exchange, the number of Accumulation Units credited will be determined at the end of the next Business Day.

In connection with arrangements we have to transact business electronically, we may have agreements in place whereby the time when certain broker-dealers receive your initial Premium payment and all required information in Good Order will be used for initial pricing of your Contract values. However, if we do not have an agreement with a broker-dealer providing for these pricing procedures, initial Premium payments received by the broker-dealer will not be priced until they are received by us. As of the date of this prospectus, we have such an agreement with Morgan Stanley Smith Barney LLC and SBHU Life Agency. Please check with your financial professional to determine if his/her broker-dealer has an agreement with the Company that provides for these pricing procedures.

**TRANSFERS AND FREQUENT TRANSFER RESTRICTIONS**

You may transfer your Contract Value between and among the Investment Divisions at any time, unless transfers are subject to other limitations, but transfers between the Fixed Account and an Investment Division must occur prior to the Income Date.

You can make 25 transfers every Contract Year without charge.

A transfer will be effective as of the end of the Business Day when we receive your transfer request in Good Order, and we will disclaim all liability for transfers made based on your transfer instructions, or the instructions of a third party authorized to submit transfer requests on your behalf.

Transfers from the Fixed Account generally will be subject to any applicable Market Value Adjustment.

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**Potential Limits and Conditions on Fixed Account Transfers.** There may be periods when we do not offer any Fixed Account. We can prohibit or impose limitations or other requirements on transfers to or from the Fixed Account, as permitted by applicable law. We may restrict or refuse future Premium payments, Premium allocation, transfers to, or discontinue the Fixed Account Option(s) at any time, on a nondiscriminatory basis, if the yield on investment would not support the minimum interest rate guaranteed under the Fixed Account(s). Should we impose such restrictions, we will give at least 30 days advance notice to the Owner. We will also provide written notice when such restrictions no longer exist. If we restrict or discontinue the Fixed Account Option(s), all transfers or withdrawals from the Fixed Account Option(s) will be at least equal to Contract Value without being subject to a negative Market Value Adjustment or transfer charge.

We also specifically reserve the right to impose the limitations and conditions set forth in 1-4 below with respect to the one-year Fixed Account Option. Although we are not imposing these restrictions as of the date of this prospectus, if we do decide to impose them, they could provide as follows with respect to both new and already outstanding Contracts:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. During any Contract Year, the aggregate dollar amount of all transfers from the one-year Fixed Account Option (including transfers at the end of the one-year period) could not exceed whichever of the following three maximums apply to you for that year:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Maximum transfers during the first Contract Year in which you have Contract Value in the one-year Fixed Account Option subject to these restrictions*: 1/3 of your Contract Value in the one-year Fixed Account Option as of the most recent Contract Anniversary;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Maximum transfers during any subsequent Contract Year, if you had Contract Value subject to these restrictions during the preceding Contract year*:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ 1/3 of your Contract Value in the one-year Fixed Account Option as of the most recent Contract Anniversary if you **did not** make a 1/3 transfer in the preceding year as mentioned above or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ 1/2 of your Contract Value in the one-year Fixed Account Option as of the most recent Contract Anniversary if you **did** make such a 1/3 transfer in the preceding year; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*• Maximum transfers during any Contract Year, if you had Contract Value subject to these restrictions during both of the preceding two Contract Years and, in those years, you made the 1/3 maximum transfer in the first year and 1/2 maximum transfer in the second year as mentioned above*: all of your remaining Contract Value in the one-year Fixed Account Option.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. We could require that any transfer from the one-year Fixed Account Option in a Contract Year occur at least twelve months after the most recent such transfer in the previous Contract Year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. We could restrict or prohibit your transfers into or allocations of any additional Premiums to the one-year Fixed Account Option in any Contract Year in which you make a transfer from the one-year Fixed Account Option.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. We could restrict or prohibit your transfers from the one-year Fixed Account Option in any Contract Year in which you make a transfer into or allocate any additional Premiums to the one-year Fixed Account Option.

We may impose restrictions 1-4 separately or in combination but we expect that they would be imposed as a group, so that you would be subject to all of these restrictions if you are subject to any of them.

Certain systematic investment programs could be excluded from the restrictions listed in 1-4 above, such that transfers under those programs would not count against the maximum amounts that may be transferred out of the one-year Fixed Account Option and the Contract Value under such programs would be excluded from the computation of such maximum amounts.

We also could permit or require that a systematic transfer program be used to make transfers from any Fixed Account Options. For example, you could be permitted to have the three transfers that are referred to in restriction 1 above automated through a systematic transfer out ("STO") on each of your next three Contract Anniversaries. The amount automatically transferred on each of such three Contract Anniversaries would be the maximum amount that would be permitted to be transferred on that date under restriction 1, such that following the automatic STO transfer on the third such Contract Anniversary you would no longer have any Contract Value in the one-year Fixed Account Option. If we establish such an STO for you, however, we would (pursuant to restrictions 3 and 4 above) prohibit you from making any other transfer from, or any Premium payments or transfers into, the one-year Fixed Account Option during any Contract Year in which an automatic STO transfer is made for you. Also (pursuant to restriction 2 above) you could elect such an STO only if (i) at least twelve calendar months have passed since your last STO program (if any) had ended and (ii) during the Contract Year in which you make the election, you have not made any transfers from, or any Premium payments or transfers into the one-year Fixed Account Option (unless you made the transfer or Premium payment before the time we had instituted restrictions 1-4). Transfers pursuant to any STO would not count toward your 25 free transfer limit.

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If we require you to commence an STO at a time when, due to any of the foregoing restrictions, you would not be eligible to elect such a program, the three annual STO transfers will be delayed. In that case, the first such STO transfer would occur on the first Contract Anniversary after you are eligible to elect an STO.

If we impose the restrictions described in 1-4 above, we would provide you prompt written notice of that fact, as well as any requirement or option to commence an STO. In that case, the restrictions would be effective immediately and we would not expect to provide you with an opportunity to make transfers from the one-year Fixed Account Option, other than in compliance with and subject to the limitations in such restrictions. Accordingly, you should consider whether you are willing to be subject to those limitations before you allocate any Premiums or transfers to the one-year Fixed Account Option.

We also may restrict your participation in any systematic investment program if you allocate any amounts to a Fixed Account Option.

**Restrictions on Transfers: Market Timing.** The Contract is not designed for frequent transfers by anyone. Frequent transfers between and among Investment Divisions may disrupt the underlying Funds and could negatively impact performance, by interfering with efficient management and reducing long-term returns, and increasing administrative costs. Frequent transfers may also dilute the value of shares of an underlying Fund. Neither the Contracts nor the underlying Funds are meant to promote any active trading strategy, like market timing. Allowing frequent transfers by one or some Owners could be at the expense of other Owners of the Contract. To protect Owners and the underlying Funds, we have policies and procedures to deter frequent transfers between and among the Investment Divisions.

Under these policies and procedures, there is a $25 charge per transfer after 25 in a Contract Year, and no round trip transfers are allowed within 15 calendar days. Also, we could restrict your ability to make transfers to or from one or more of the Investment Divisions, which possible restrictions may include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• limiting the number of transfers over a period of time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• requiring a minimum time period between each transfer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• limiting transfer requests from an agent acting on behalf of one or more Owners or under a power of attorney on behalf of one or more Owners; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• limiting the dollar amount that you may transfer at any one time.

To the extent permitted by applicable law, we reserve the right to restrict the number of transfers per year that you can request and to restrict you from making transfers on consecutive Business Days. In addition, your right to make transfers between and among Investment Divisions may be modified if we determine that the exercise by one or more Owners is, or would be, to the disadvantage of other Owners.

We continuously monitor transfers under the Contract for disruptive activity based on frequency, pattern and size. We will more closely monitor Contracts with disruptive activity, placing them on a watch list, and if the disruptive activity continues, we will restrict the availability of electronic or telephonic means to make a transfer, instead requiring that transfer instructions be mailed through regular U.S. postal service, and/or terminate the ability to make transfers completely, as necessary. If we terminate your ability to make transfers, you may need to make a partial withdrawal to access the Contract Value in the Investment Division(s) from which you sought a transfer. We will notify you and your financial professional in writing within five days of placing the Contract on a watch list.

Regarding round trip transfers, we will allow redemptions from an Investment Division; however, once a complete or partial redemption has been made from an Investment Division through an Investment Division transfer, you will not be permitted to transfer any value back into that Investment Division within 15 calendar days of the redemption. We will treat as short-term trading activity any transfer that is requested into an Investment Division that was previously redeemed within the previous 15 calendar days, whether the transfer was requested by you or a third party.

Our policies and procedures do not apply to the JNL/Dreyfus Government Money Market Investment Division, the Fixed Account, Dollar Cost Averaging, Earnings Sweep or the Automatic Rebalancing program. We may also make exceptions that involve an administrative error, or a personal unanticipated financial emergency of an Owner resulting from an identified health, employment, or other financial or personal event that makes the existing allocation imprudent or a hardship. These limited exceptions will be granted by an oversight team pursuant to procedures designed to result in their consistent application. Please contact our Jackson of NY Customer Care Center if you believe your transfer request entails a financial emergency.

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Otherwise, we do not exempt any person or class of persons from our policies and procedures. We have agreements allowing for asset allocation and investment advisory services that are not only subject to our policies and procedures, but also to additional conditions and limitations, intended to limit the potential adverse impact of these activities on other Owners of the Contract. We expect to apply our policies and procedures uniformly, but because detection and deterrence involves judgments that are inherently subjective, we cannot guarantee that we will detect and deter every Contract engaging in frequent transfers every time. If these policies and procedures are ineffective, the adverse consequences described above could occur. We also expect to apply our policies and procedures in a manner reasonably designed to prevent transfers that we consider to be to the disadvantage of other Owners, and we may take whatever action we deem appropriate, without prior notice, to comply with or take advantage of any state or federal regulatory requirement.

**TELEPHONE AND INTERNET TRANSACTIONS**

**The Basics.** You can request certain transactions by telephone or at <u>www.jackson.com</u>, subject to our right to terminate electronic or telephone transfer privileges, as described above. For information about your account, please contact our Jackson of NY Customer Care Center. We require that you provide proper identification before performing transactions over the telephone or online.

Any authorization you (and any joint Owner) provide to us in an application or through other means will authorize us to accept certain transaction instructions, including Investment Division transfers/allocations, by you, a joint Owner, or your financial professional unless you notify us to the contrary. To notify us, please call us at the Jackson of NY Customer Care Center. Certain types of transactions must be submitted by the Contract Owner (and any joint Owner) and may only be submitted online or in writing. For additional information on what transactions can be submitted online or by telephone, please contact the Jackson of NY Customer Care Center.

Our contact information is on the cover page of this prospectus and the number is referenced in your Contract or on your quarterly statement. We reserve the right to discontinue accepting transaction requests online or by telephone or implement additional limitations.

**Financial Transactions.** Instructions to complete a financial transaction, including withdrawals and transfers, submitted online or by phone must be completed by the close of the New York Stock Exchange (usually 4:00 p.m. Eastern time) in order to receive that day's Accumulation Unit value for an Investment Division, Index Price, and/or applicable Fixed and Index Account Rates. Instructions you send electronically are considered to be received by us at the time and date stated on the electronic acknowledgment we return to you. If the time and date indicated on the acknowledgment is before the close of the New York Stock Exchange, the instructions will be carried out that day. Otherwise the instructions will be carried out the next Business Day.

You may only cancel an earlier telephonic or online request made on the same day by calling the Jackson of NY Customer Care Center before the New York Stock Exchange closes. We are unable to accept instructions to cancel an earlier telephonic or online request after the New York Stock Exchange has closed.

We will retain permanent records of all web-based transactions by confirmation number. If you do not receive an electronic acknowledgment, you should telephone the Jackson of NY Customer Care Center immediately.

**Non-Financial Transactions.** Certain non-financial transactions can be submitted online or by telephone. Certain types of non-financial transactions are limited to being submitted by the Contract Owner (and any joint Owner) or may require instructions be submitted in writing if the contract is deemed ineligible. If an add-on benefit has been elected, certain types of non-financial transactions may not be available or have restrictions. Please refer to your add-on benefit endorsement for additional information or contact the Jackson of NY Customer Care Center. Non-financial instructions submitted online will take one business day to complete.

We will retain permanent records of all web-based transactions by confirmation number. If you do not receive an electronic acknowledgment, you should telephone the Jackson of NY Customer Care Center immediately.

**Our Procedures.** Our procedures are designed to provide reasonable assurance that telephone or any other electronic authorizations are genuine. Our procedures include requesting identifying information and recording telephone communications, and other specific details. We and our affiliates disclaim all liability for any claim, loss or expense resulting from any alleged error or mistake in connection with a transaction requested by telephone or other electronic means that you did not authorize. However, if we fail to employ reasonable procedures to ensure that all requested transactions are properly authorized, we may be held liable for such losses.

We do not guarantee access to telephonic and electronic information or that we will be able to accept transaction instructions via the telephone or electronic means at all times. We also reserve the right to modify, limit, restrict or discontinue at any time and without notice the acceptance of instruction from someone other than you and/or this telephonic and electronic transaction privilege. Elections

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of any add-on benefit or program must be in writing and will be effective on the date as outlined in the add-on benefit endorsement. Elections of any investment or withdrawal program(s) will be effective upon receipt of the request in Good Order if received before the New York Stock Exchange close. Otherwise, the program(s) will be effective the following business day.

Upon notification of the Owner's death, any telephone transfer authorization, other than by the surviving joint Owners, designated by the Owner ceases and we will not allow such transactions unless the executor/representative provides written authorization for a person or persons to act on the executor's/representative's behalf.

**ACCESS TO YOUR MONEY**

You can have access to the money in your Contract:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• by making either a partial or total withdrawal;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• by electing the Automatic Withdrawal Program;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• by electing an add-on withdrawal benefit; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• by electing to receive income payments.

Your Beneficiary can have access to the money in your Contract when a death benefit is paid.

Withdrawals under the Contract may be subject to a withdrawal charge or Market Value Adjustment. For purposes of the withdrawal charge, we treat withdrawals as coming first from earnings (which may be withdrawn free of any withdrawal charge), and then from the oldest Remaining Premium. When you make a total withdrawal you will receive the value of your Contract as of the end of the Business Day your request is received by us in Good Order, *minus* any applicable Premium tax, the annual contract maintenance charges, charges due under any optional endorsement and all applicable withdrawal charges, adjusted for any applicable Market Value Adjustment. For more information about withdrawal charges, please see "Withdrawal Charge" beginning on page [24](#i6a8c7a642b0f405da7cd588a87395385_76). For more information about Market Value Adjustment, please see "Market Value Adjustment" beginning on page [35](#i6a8c7a642b0f405da7cd588a87395385_3754). We will pay the withdrawal proceeds within seven days of a request in Good Order. If a Premium payment made by personal check or electronic draft is received within the five days preceding a withdrawal request, we may delay payment of the withdrawal proceeds up to seven days after the date of the request, to ensure the check or electronic draft is not returned due to insufficient funds.

Your withdrawal request will generally be submitted in writing, however, we will always accept written withdrawal requests submitted via fax. You may also submit withdrawal requests online or via telephone if you have provided telephone and electronic authorization according to our administrative rules. Please note, there are risks associated with not requiring original signatures in order to disburse the money. For more information, see "Telephone and Internet Transactions" beginning on page [43](#i6a8c7a642b0f405da7cd588a87395385_157). Should you choose to have the proceeds sent to you via mail, they will be sent to your last recorded address in our records. Please notify us immediately of any address change. We do not assume responsibility for improper disbursements if you have failed to provide us with the current address to which the proceeds should be sent.

Except in connection with the Automatic Withdrawal Program, you must withdraw at least $500 or, if less, the entire amount in the Fixed Account or Investment Division from which you are making the withdrawal. If you are not specific, your withdrawal will be taken from your allocations to the Fixed Account and Investment Divisions based on the proportion their respective values bear to the Contract Value.

With the Automatic Withdrawal Program, you may withdraw a specified dollar amount (of at least $50 per withdrawal). A withdrawal request that would reduce the remaining Contract Value to less than $2,000 (on a Contract without a GMWB) will be treated as a request for a total withdrawal unless this $2,000 minimum has been expressly waived by endorsement. After your withdrawal, at least $100 must remain in each Fixed Account or Investment Division from which the withdrawal was taken.

If you have an investment adviser who, for a fee, manages your Contract Value, you may authorize payment of the fee from the Contract by requesting a partial withdrawal. There are conditions and limitations, so please contact our Jackson of NY Customer Care Center for more information. Our contact information is on the cover page of this prospectus. We neither endorse any investment advisers, nor make any representations as to their qualifications. The fee for this service would be covered in a separate agreement between the two of you, and would be in addition to the fees and expenses described in this prospectus.

**Depending on when you applied for the Contract: the availability of an add-on benefit may have been different; how an add-on benefit is calculated varies; and we may have referred to an add-on benefit by a different name – all as noted below.** 

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**Income taxes, tax penalties and certain restrictions may apply to any withdrawal you make. There are limitations on withdrawals from qualified plans. For more information, please see "TAXES" beginning on page [127](#i6a8c7a642b0f405da7cd588a87395385_271).**

**Waiver of Withdrawal Charge for Extended Care.** We will waive the withdrawal charges (but not any Market Value Adjustment) that would otherwise apply in certain circumstances by providing you, at no charge, an Extended Care Benefit, on amounts of up to $250,000 from the Fixed Account and Investment Divisions that you withdraw after providing us with a physician's statement that you have been confined to a nursing home or hospital for 90 consecutive days, beginning at least 30 days after your Contract was issued. You may exercise this benefit once under your Contract.

**Optional Four-Year Withdrawal Charge Period.** 

**PLEASE NOTE: EFFECTIVE AUGUST 28, 2023, THIS ENDORSEMENT IS NO LONGER AVAILABLE FOR ELECTION.**

If you are 85 years of age or younger, you may elect an endorsement to your Contract that substitutes for the Contract's usual seven-year withdrawal period a four-year withdrawal period with withdrawal charges in contribution years one through four of 6.5%, 5%, 3%, and 2%, respectively, and 0% thereafter.

The charge for the Four-year Withdrawal Charge Period add-on benefit continues for the first four Contract Years. The potential benefits of this option normally will persist for no more than four to six years, depending on performance (the greater the performance the less the benefit) and payment patterns (large subsequent payments in relation to the initial payment make the benefits persist for a longer time than for a Contract where only the initial payment is made). Under this benefit you may only make Premium payments in Contract Year 1. In the process of evaluating this option, please weigh the benefit of the added liquidity that this benefit provides against the negative impact that its charge will have on your Accumulation Value and the restriction it places on your ability to subsequently contribute Premium.

**Guaranteed Minimum Withdrawal Benefit Considerations.** Most people who are managing their investments to provide retirement income want to provide themselves with sufficient lifetime income and also to provide for an inheritance for their Beneficiaries. The main obstacles they face in meeting these goals are the uncertainties as to (i) how much income their investments will produce, and (ii) how long they will live and will need to draw income from their investments. A Guaranteed Minimum Withdrawal Benefit (GMWB) is designed to help reduce these uncertainties.

A GMWB is intended to address those concerns but does not provide any guarantee the income will be sufficient to cover any individual's particular needs. Moreover, the GMWB does not assure that you will receive any return on your investments. The GMWB also does not protect against loss of purchasing power of assets covered by a GMWB due to inflation. Even relatively low levels of inflation may have a significant effect on purchasing power if not offset by stronger positive investment returns. The step-up feature on certain of the GMWBs may provide protection against inflation when there are strong investment returns that coincide with the availability of effecting a step-up. However, strong investment performance will only help the GMWB guard against inflation if the endorsement includes a step-up feature.

Payments under the GMWB will first be made from your Contract Value. Our obligations to pay you more than your Contract Value will only arise under limited circumstances. Thus, in considering the election of any GMWB you need to consider whether the value to you of the level of protection that is provided by a GMWB and its costs, which reduce Contract Value and offset our risks, are consistent with your level of concern and the minimum level of assets that you want to be sure are guaranteed.

The Joint For Life GMWB with Bonus and Step-Up, the Joint For Life GMWB with Bonus, Annual Step-Up and Earnings-Sensitive Withdrawal Amount, and the Joint For Life GMWB with Deferral Credits, and Annual Step-Up endorsements are available only to spouses and differ from the For Life GMWB with Bonus and Step-Up without the Joint Option, the For Life GMWB with Bonus, Annual Step-Up and Earnings-Sensitive Withdrawal Amount without the Joint Option, and the For Life GMWB with Deferral Credits and Annual Step-Up without the Joint Option endorsements (which are available to spouses and unrelated parties) and enjoy the following advantages:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the Contract Value falls to zero, benefit payments under the endorsement will continue until the death of the last surviving Covered Life if the For Life Guarantee is effective. (For more information about the For Life Guarantee and for information on who is a Covered Life under this form of GMWB, please see the "Flex With Joint Option GMWB" subsection beginning on page [62](#i6a8c7a642b0f405da7cd588a87395385_205), the "Joint For Life GMWB with Bonus, Annual Step-Up and Earnings-Sensitive Withdrawal Amount" subsection beginning on page [84](#i6a8c7a642b0f405da7cd588a87395385_196), and the "Joint For Life GMWB with Deferral Credits and Annual Step-Up" subsection beginning on page [104](#i6a8c7a642b0f405da7cd588a87395385_211).)

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If an Owner dies before the automatic payment of benefits begins, the surviving Covered Life may continue the Contract and the For Life Guarantee is not automatically terminated (as it is on the For Life GMWBs without the Joint Option).

The Joint For Life GMWBs have a higher charge than the respective For Life GMWBs without the Joint Option.

Additionally, the timing and amounts of withdrawals under a GMWB have a significant impact on the amount and duration of benefits. The cumulative cost of a GMWB also is greater the longer the duration of ownership. The closer you are to retirement the more reliably you may be able to forecast your needs to make withdrawals prior to the ages where the amounts of certain benefits (such as a For Life Guarantee (59½) and a GWB adjustment (70)) are locked-in. Conversely, forecasts at younger ages may prove less reliable. You should undertake careful consideration and thorough consultation with your financial professional as to the financial resources and age of the Owner/Annuitant and the value to you of the potentially limited downside protection that a GMWB might provide.

**Guaranteed Minimum Withdrawal Benefit Important Special Considerations.** Each of the GMWBs provides that the GMWB and all benefits thereunder will terminate on the Income Date, which is the date when annuity payments begin. The Income Date is either a date that you choose or the Latest Income Date. The Latest Income Date is the Contract Anniversary on which you will be 95 years old, or such date allowed by the Company on a non-discriminatory basis or as required by an applicable qualified plan, law or regulation. (For more information, please see "INCOME PAYMENTS (THE INCOME PHASE)" beginning on page [118](#i6a8c7a642b0f405da7cd588a87395385_223).

Before (1) electing a GMWB, (2) electing to annuitize your Contract after having purchased a GMWB, or (3) when the Latest Income Date is approaching and you are thinking about electing or have elected a GMWB, you should consider whether the termination of all benefits under the GMWB and annuitizing produces the better financial results for you. Naturally, you should discuss with your financial professional whether a GMWB is even suitable for you. Consultation with your financial and tax advisor is also recommended.

These considerations are of greater significance if you are thinking about electing or have elected a GMWB For Life, as the For Life payments will cease when you annuitize voluntarily or on the Latest Income Date. Although each of the For Life GMWBs contain an annuitization option that may allow the equivalent of For Life payments when you annuitize on the Latest Income Date, all benefits under a GMWB For Life (and under the other GMWBs) will terminate when you annuitize.

Please note that withdrawals in excess of certain limits may have a significantly negative impact on the value of your GMWB through prematurely reducing the benefit's Guaranteed Withdrawal Balance (GWB) and Guaranteed Annual Withdrawal Amount (GAWA) and, therefore, cause your GMWB to prematurely terminate. Please see "***Guaranteed Withdrawal Balance (*"*GWB*"*)***" and "***Withdrawals***" under each GMWB for more information about the GWB and GAWA. Please see the explanations of withdrawals under each of the following GMWB descriptions for more information concerning the effect of excess withdrawals.

**Required Minimum Distributions under Certain Tax Qualified Plans ("RMDs").** The following RMD NOTES contain important information about withdrawals of RMDs from a Contract with a GMWB. However, for the MarketGuard Stretch GMWB, please refer to the Stretch RMD Notes on page [115](#id594847374a24044a068f6e97c0b38b6_0-0-1-1-159675). For certain tax-qualified Contracts, GMWBs allow withdrawals greater than the Guaranteed Annual Withdrawal Amount (GAWA) to meet a Contract's RMD without compromising the guarantees. The RMD NOTES describe conditions, limitations and special situations related to withdrawals involving a RMD.

**RMD NOTES:** Notice of an RMD is required at the time of your withdrawal request, and there is an administrative form for providing such notice. The administrative form allows you to elect one time or automatic withdrawals. Eligible withdrawals that are specified as RMDs may only be taken based on the value of the Contract to which the endorsement applies, even where the Internal Revenue Code allows taking multiple contracts' RMDs from a single contract. You, as Owner, are responsible for complying with the Internal Revenue Code's RMD requirements. If your requested RMD exceeds our calculation of the RMD for your Contract, your request will not be eligible for the waiver of any applicable charges (i.e., withdrawal charges) and we will impose those charges, which will be reflected in the confirmation of the transaction. An RMD exceeding our calculation may also result in an Excess Withdrawal for purposes of your GMWB, which would result in an adverse recalculation of the GWB and GAWA. For information regarding the RMD calculation for your Contract, please contact our Jackson of NY Customer Care Center. Our contact information is on the cover page of this prospectus. <br>

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| |
|:---|
| Under the Internal Revenue Code, RMDs are calculated and taken on a calendar year basis. But with a GMWB, the GAWA is based on Contract Years. Because the intervals for the GAWA and RMDs are different, the endorsement's guarantees may become susceptible to being compromised. With tax-qualified Contracts, if the sum of your total partial withdrawals in a Contract Year exceed the greatest of the RMD for each of the two calendar years occurring in that Contract Year and the GAWA for that Contract Year, then the GWB and GAWA could be adversely recalculated, as described above. (If your Contract Year is the same as the calendar year, then the sum of your total partial withdrawals should not exceed the greater of the RMD and the GAWA.) Below is an example of how this modified limit would apply. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assume a tax-qualified Contract with a Contract Year that runs from July 1 to June 30, and that there are no withdrawals other than as described. The GAWA for the Contract Year (ending June 30, 2026) is $10. The RMDs for calendar years 2025 and 2026 are $14 and $16, respectively. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If the Owner withdraws $7 in the first and second halves of calendar year 2025 and $8 in the first and second halves of calendar year 2026, then at the time the withdrawal in the first half of calendar year 2025 is taken, the Owner will have withdrawn $15 in the Contract Year running from July 1, 2025 to June 30, 2026. Because the sum of the Owner's withdrawals for the Contract Year running from July 1, 2025 to June 30, 2026 is less than the greater of the RMDs for either of the two calendar years occurring in that Contract Year, the GWB and GAWA would not be adversely recalculated. |
| *An exception to this general rule permits that with the calendar year in which your RMDs are to begin , you may take your RMDs for the current and next calendar years during the same Contract Year, as necessary (see example below).* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following example illustrates this exception. It assumes an individual Owner who must begin taking RMDs in the calendar year 2025 on a tax-qualified Contract with a Contract Year that runs from July 1 to June 30. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If the Owner delays taking his first RMD (the 2025 RMD) until March 30, 2026, he may still take the 2026 RMD before the next Contract Year begins on June 30, 2026 without an adverse recalculation of the GWB and GAWA. However, if he takes his second RMD (the 2026 RMD) after June 30, 2026, he should wait until the following Contract Year begins on July 1, 2027 to take his third RMD (the 2027 RMD) because, except for the calendar year in which RMDs begin, withdrawing two RMDs in a single Contract Year could cause the GWB and GAWA to be adversely recalculated (if the total of the two RMDs exceeded the applicable GAWA for that Contract Year). |
| *Examples that are relevant or specific to tax-qualified Contracts in varying circumstances and with specific factual assumptions, are at the end of the prospectus in Appendix D, specifically examples 4, 5, and 7 under any particular GMWB.* **Please consult the financial professional who is helping, or who helped, you purchase your tax-qualified Contract, and your tax advisor, to be sure that a particular GMWB ultimately suits your needs relative to your RMD.** |

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In addition, with regard to required minimum distributions (RMDs) under an IRA only, it is important to consult your financial and tax advisor to determine whether the benefits of a particular GMWB will satisfy your RMD requirements or whether there are other IRA holdings that can satisfy the aggregate RMD requirements. With regard to other qualified plans, you must determine what your qualified plan permits. Generally, distributions under IRAs, qualified plans, and Tax-Sheltered Annuities must commence no later than April 1st of the calendar year in which you attain the applicable age as noted in the table below or the calendar year in which you retire. You do not necessarily have to annuitize your Contract to meet the minimum distribution requirements. If you fail to take your full RMD for a year, you are subject to a 25% excise tax on any shortfall. This excise tax may be reduced to 10% if a distribution of the shortfall is made within two years and prior to the date the excise tax is imposed by the IRS.

The age requirements for beginning distributions under qualified plans and Tax-Sheltered Annuities change periodically. See below for a table of past age requirements and planned future changes to age requirements for beginning these required minimum distributions.

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**If you were born:** | **Your "applicable age" is:** |
| Before July 1, 1949 | 70½ |
| After June 30, 1949 and before 1951 | 72 |
| After 1950 and before 1960 | 73 |
| In 1960 or later | 75 |

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**Guaranteed Minimum Withdrawal Benefit With Annual Step-Up ("AutoGuard").** *The following description is supplemented by the examples in Appendix D under section "I. AutoGuard" that may assist you in understanding how calculations are made in certain circumstances.* 

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This is a Guaranteed Minimum Withdrawal Benefit, which permits an Owner to make partial withdrawals prior to the Income Date that, in total, are guaranteed to equal the Guaranteed Withdrawal Balance (GWB) (as defined below), regardless of your Contract Value. **This GMWB is available to add to a Contract on the Contract's Issue Date, or on any Contract Anniversary, subject to availability. This GMWB is not available on a Contract that already has a GMWB (one GMWB only per Contract).** We may further limit the availability of this optional endorsement. Once selected, AutoGuard cannot be canceled except by a spousal Beneficiary, who, upon the Owner's death, may elect to continue the Contract without the GMWB.

This GMWB is available to Designated Lives 80 years old and younger on the date on which this endorsement is selected. If the age at election of the Owner (if Joint Owners, the oldest Joint Owner) falls outside the allowable age range, the GMWB will be null and void and all GMWB Charges will be refunded. If this GMWB is elected, we allow ownership changes, however the Designated Life cannot be changed. Any provisions referring to the age of a Designated Life apply even if the Designated Life is no longer living. When the Owner is a legal entity, changing Annuitants is not allowed. If you are eligible to elect this GMWB after the Contract Issue Date on a Contract Anniversary (subject to availability), we must receive a request in Good Order within 30 calendar days prior to the Contract Anniversary. Availability of this GMWB may be subject to further limitation.

If you select AutoGuard when you purchase your Contract, your Premium payment net of any applicable taxes will be used as the basis for determining the GWB. If you select AutoGuard after the Issue Date, subject to availability, we will use your Contract Value to determine the GWB. **The GWB can never be more than $10 million** (including upon "step-up"), and the GWB is reduced with each withdrawal you take.

Once the GWB has been determined, we calculate the Guaranteed Annual Withdrawal Amount (GAWA), which is the maximum annual partial withdrawal amount, except for certain tax-qualified Contracts (as explained below), that can be taken without impacting the guarantees of your GMWB. Upon selection, the GAWA is equal to a percentage (the "GAWA percentage") of the GWB. The current GAWA percentage is disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical GAWA percentages. The GAWA will generally not be reduced if partial withdrawals taken within any one Contract Year do not exceed the GAWA. However, withdrawals are not cumulative. If you do not take the full GAWA in one Contract Year, you may not take more than the GAWA the next Contract Year. If you withdraw more than the GAWA, the GWB may be reduced by more than the amount of the withdrawal and the GAWA will likely be reduced. The GAWA can be divided up and taken on a payment schedule that you request. You can continue to take the GAWA each Contract Year until the GWB has been depleted. If the GWB falls below the GAWA at the time of an Excess Withdrawal (see below) or at the end of a Contract Year, the GAWA will be recalculated to equal the GWB. This may occur, when over time, payment of guaranteed withdrawals is nearly complete and the GWB has been depleted.

Withdrawal charges, asset allocation fees, Market Value Adjustments, and other charges and adjustments as applicable, are taken into consideration in calculating the amount of your partial withdrawals pursuant to AutoGuard, but these charges or adjustments are offset by your ability to make free withdrawals under the Contract.

Any time a subsequent Premium payment is made, we recalculate the GWB and the GAWA. Each time you make a Premium payment, the GWB is increased by the amount of the Premium payment, net of any applicable Premium taxes. The GAWA will be increased by either (a) the GAWA percentage of the sum of i) the subsequent Premium payment less any applicable taxes or (b) the GAWA percentage of the increase in the GWB, if the maximum GWB is reached. We require prior approval for a subsequent Premium payment that would result in your Contract having $1 million of Premiums in the aggregate. We also reserve the right to refuse subsequent Premium payments. See Example 3b in Appendix C under section "I. AutoGuard" to see how the GWB is recalculated when the $10 million maximum is reached.

If the total of all of your partial withdrawals made in the current Contract Year is greater than the GAWA or, for certain tax-qualified Contracts, the required minimum distribution (RMD) under the Internal Revenue Code (Code), we will recalculate your GWB and your GAWA will likely be lower in the future. In other words, **withdrawing more than the GAWA or RMD, as applicable, in any Contract Year could cause the GWB to be reduced by more than the amount of the withdrawal(s), likely reducing the GAWA, as well.** Recalculation of the GWB and GAWA may result in reducing or extending the payout period. Examples 4, 5, and 7 in Appendix D under section "I. AutoGuard" illustrate the impact of such withdrawals. Because the intervals for the GAWA and RMDs are different, namely Contract Years versus calendar years, and because RMDs are subject to other conditions and limitations, if your Contract is a tax-qualified Contract, please see "RMD Notes" under "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" on page [46](#i6a8c7a642b0f405da7cd588a87395385_187), for more information.

If the partial withdrawal plus all prior partial withdrawals made in the current Contract Year is <u>less than</u> or equal to the greater of the GAWA or RMD, as applicable, the **GWB** is equal to the greater of:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the GWB prior to the partial withdrawal less the partial withdrawal; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• zero.

If the partial withdrawal plus all prior partial withdrawals made in the current Contract Year is <u>less than</u> or equal to the greater of the GAWA at the time of the partial withdrawal, or the RMD, as applicable, the **GAWA** is unchanged at the time of the withdrawal. At the end of each Contract Year, if the GWB is less than the GAWA, the GAWA is set equal to the GWB.

If the partial withdrawal plus all prior partial withdrawals made in the current Contract Year exceeds the greater of the GAWA at the time of the partial withdrawal, or the RMD, as applicable, the **GWB** is equal to the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the GWB prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• zero.

If the partial withdrawal plus all prior partial withdrawals made in the current Contract Year is <u>greater than</u> the GAWA or RMD, as applicable, the **GAWA** is equal to the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the GAWA prior to the partial withdrawal reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the GWB after the partial withdrawal.

The Excess Withdrawal is defined to be the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the total amount of the current partial withdrawal, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the amount by which the cumulative partial withdrawals for the current Contract Year exceeds the greater of the GAWA or the RMD, as applicable.

**Consistent with the explanation above, withdrawals greater than the GAWA or RMD, as applicable, may have a significantly negative impact on the value of this benefit through prematurely reducing the GWB and GAWA and, therefore, cause the benefit to prematurely terminate (see Example 5 in Appendix D under section "I. AutoGuard").** For purposes of all of these calculations, all partial withdrawals are assumed to be the total amount withdrawn, including any withdrawal charges, asset allocation fees, Market Value Adjustments and other charges and adjustments.

Withdrawals under this GMWB are considered the same as any other partial withdrawals for the purposes of calculating any other values under the Contract and any other endorsements (for example, the Contract's standard death benefit). All withdrawals count toward the total amount withdrawn in a Contract Year, including automatic withdrawals, RMDs for certain tax-qualified Contracts, withdrawals of asset allocation and advisory fees, partial 1035 exchanges and free withdrawals under the Contract. They are subject to the same restrictions and processing rules as described in the Contract. They are also treated the same for federal income tax purposes. For more information about tax qualified and non-qualified Contracts, please see "TAXES" beginning on page [127](#i6a8c7a642b0f405da7cd588a87395385_271).

Withdrawals made under section 72(t) or section 72(q) of the Code are **<u>not</u>** considered RMDs for purposes of preserving the guarantees under this GMWB. Such withdrawals that exceed the GAWA will have the same effect as any withdrawal or excess withdrawal as described above and, consistent with that description, may cause a significant negative impact to your benefit.

***Step-Up.*** If no withdrawals have been taken from the Contract following the date this GMWB is issued, on each Contract Quarterly Anniversary, if the Contract Value on that date is greater than the GWB, the GWB will be reset to the Contract Value on the Contract Quarterly Anniversary ("step-up"). After the first withdrawal has been taken from the Contract, step-ups will no longer be determined on Contract Quarterly Anniversaries. Instead, step-ups will be determined on each Contract Anniversary. If the Contract Value is greater than the GWB on the Contract Anniversary, the GWB will be reset to the Contract Value on the Contract Anniversary. If the first withdrawal from the Contract is taken on a Contract Quarterly Anniversary that is not a Contract Anniversary, there will be no step-up on that Contract Quarterly Anniversary and the next step-up determination will occur on the next Contract Anniversary.

***GMWB Charge Increase.* On each fifth Contract Anniversary, the GMWB charge may be increased**. You will be notified in advance of a GMWB Charge increase and may elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provision, automatic step-up provision, GWB adjustment, and any other increases to the GWB and GAWA. Such

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election must be received in Good Order prior to the Contract Anniversary. **Upon such election, no future Premium payments will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All requests will be effective on the Contract Anniversary following receipt of the request in Good Order. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter. For more information, please see "AutoGuard Charge".

***Spousal Continuation*.** If you die before annuitizing a Contract with AutoGuard, the Contract's death benefit is still payable when the Contract Value is greater than zero. Alternatively, upon your death, your spousal Beneficiary may choose to continue the Contract, retaining all rights previously held by the Owner. The spouse continuing the contract may elect to terminate AutoGuard on the continuation date and thereafter no GMWB charge will be assessed. If the spouse does not make such an election on the continuation date, AutoGuard will continue and no adjustment will be made to the GWB or the GAWA at the time of continuation. Step-ups will continue as permitted (as described above), and Contract Anniversaries and Contract Quarterly Anniversaries will continue to be based on the Contract's Issue Date. Upon spousal continuation of a Contract without AutoGuard, the spouse may request to add the AutoGuard endorsement within 30 days before any Contract Anniversary, and the endorsement will take effect on the Contract Anniversary if the request is made in Good Order.

***Termination*.** This GMWB terminates subject to a prorated GMWB Charge assessed for the period since the last monthly charge on the date you annuitize or take a total withdrawal of the Contract Value. In taking a total withdrawal of the Contract Value, you will receive the Contract Value less any applicable charges and adjustments and not the GWB or the GAWA you would have received under this GMWB. This GMWB also terminates with the Contract upon your death (unless your spousal Beneficiary continues the Contract) or the death of a joint Owner; on the Latest Income Date; upon the first date both the GWB and Contract Value equal zero; or upon conversion, if available – whichever occurs first.

***Contract Value Is Zero*.** If your Contract Value is reduced to zero as the result of a partial withdrawal, contract charges or poor Fund performance and the GWB is greater than zero, the GWB will be paid automatically to you on an annual basis, so long as the Contract is still in the accumulation phase. The total annual payment will equal the GAWA, but will not exceed the current GWB. The payments continue until the GWB is reduced to zero. Subject to the Company's approval, you may elect to receive payments more frequently than annually.

All other rights under your Contract cease and we will no longer accept subsequent Premium payments and all optional endorsements are terminated without value. Upon your death as Owner, or death of a joint Owner, all payments cease. No other death benefit will be paid.

***Annuitization*.** If you decide to annuitize your Contract, you may choose the following income option instead of one of the other income options listed in your Contract:

***Fixed Payment Income Option.*** This income option provides payments in a fixed dollar amount for a specific number of years. The actual number of years that payments will be made is determined on the calculation date by dividing the GWB by the GAWA. Upon each payment, the GWB will be reduced by the payment amount. The total annual amount payable will equal the GAWA but will never exceed the current GWB. This annualized amount will be paid over the specific number of years in the frequency (no less frequently than annually) that you select. If you should die (assuming you are the Owner) before the payments have been completed, the remaining payments will be made to the Beneficiary, as scheduled.

This income option may not be available if the Contract is issued to qualify under Sections 401, 403, 408 or 457 of the Internal Revenue Code. For such Contracts, this income option will only be available if the guaranteed period is less than the life expectancy of the Annuitant at the time the option becomes effective. In addition, no adjustments will be made to the GAWA after election of this option, nor will a commuted value be available. This income option is only available on your Latest Income Date (see "Income Payments (the Income Phase)") on page [118](#i6a8c7a642b0f405da7cd588a87395385_223).

***See "Guaranteed Minimum Withdrawal Benefit General Considerations" and "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [45](#i6a8c7a642b0f405da7cd588a87395385_184) for additional things to consider before electing a GMWB; when electing to annuitize your Contract after having purchased a GMWB; or when the Latest Income Date is approaching and you are thinking about electing or have elected a GMWB.***

***Effect of GMWB on Tax Deferral*.** The purchase of the GMWB With Annual Step-Up may not be appropriate for the Owners of Contracts who have as a primary objective taking maximum advantage of the tax deferral that is available to them under an annuity

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contract to accumulate assets. Please consult your tax and financial advisors on this and other matters prior to electing the GMWB With Annual Step-Up.

**Guaranteed Minimum Withdrawal Benefits for a Single Life or two Covered Lives with Combinations of Optional Bonus Percentage Amounts, Annual or Quarterly Contract Value-Based Step-Ups, and Guaranteed Death Benefit ("Flex GMWB" and "Flex with Joint Option GMWB").**

These are Guaranteed Minimum Withdrawal Benefits (GMWBs) that guarantee the withdrawal of minimum annual amounts for life, regardless of the performance of the underlying investment options. The amount of withdrawals that you can make will depend on which benefit option you elect under these GMWBs, but we guarantee the minimum annual withdrawal amount. Prior to August 28, 2023, these GMWBs were called "LifeGuard Freedom Flex GMWB" and "LifeGuard Freedom Flex with Joint Option GMWB". Please see "Appendix H (Historical Benefit Descriptions for Flex GMWB and Flex with Joint Option GMWB)" for benefit descriptions applicable to elections of these benefits prior to August 28, 2023.

Flex with Joint Option GMWB provides for coverage for the life of the Owner and Owner's spouse ("Covered Lives"). In the case of tax-qualified Contracts owned by a natural person, the Owner and the primary spousal Beneficiary named as of the effective date of this endorsement will each be considered a Covered Life. On non-qualified Flex with Joint Option GMWB Contracts owned by natural persons, the spousal joint Owners will each be considered a Covered Life.

These GMWBs permit, prior to being added to the Contract, the selection of a benefit option that provides a set combination of the following features.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a range of bonus percentage amounts (Current Bonus percentage amounts are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical bonus percentages, please see "Appendix G (Historical Add-On Benefit Rates)."),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• varying income stream options, which provide for different levels of Guaranteed Annual Withdrawal Amount Percentages (Current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical GAWA percentages, please see "Appendix G (Historical Add-On Benefit Rates).";

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• annual or quarterly Contract Value step-ups (quarterly step-ups are applied annually based on the highest quarterly Contract Value), and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• an add-on death benefit.

The different benefit options are intended to address different investor needs. The combination of features included in the Value benefit option are intended to be the most cost conscious of the benefit options, and generally will include the lowest bonus option and income stream option, coupled with the most conservative step-up option for the lowest cost of the available benefit options. The combination of features in the Core benefit option are intended to provide a higher income stream guarantee when compared to the Value benefit option, offered at a slightly higher cost. The combination of features in the Plus benefit option generally provide the highest bonus option and the most beneficial step-up option for the highest cost when compared to the other benefit options available. For investors who wish to add legacy protection, the add-on Flex Guaranteed Minimum Death Benefit is available for an additional cost in connection with elections of the single-life versions of the Value and Core benefit options.

We disclose the benefit options currently available for election, as well as the current underlying combinations of features for each benefit option in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit www.jackson.com/product-literature-4.html.

Each benefit option is associated with a different GMWB charge. Current charge amounts are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit www.jackson.com/product-literature-4.html. For a list of historical charges, please see "Appendix F (Historical Add-On Benefit Charges)".

At the time you purchased your Contract, different option combinations may have been available. See your Contract and Endorsements for the options applicable to your Contract. Additionally, at the time you purchased your Contract, different benefit option requirements may have been in place for election of the Flex DB NY. Please see "Appendix G (Historical Add-On Benefit Rates)" for more information.

These GMWBs may be appropriate for those individuals who are looking for a combination of Options within a GMWB that differs from the combinations of specified similar features offered by Jackson of NY under other GMWBs. Thus, the Flex GMWB and Flex

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with Joint Option GMWB allow the Owner (or the Owner and the Owner's spouse), with the assistance of his or her financial professional, to select a benefit option, consistent with a variety of considerations, such as: his or her expectations of market performance; anticipated timing of subsequent Premiums; needs for future guaranteed annual percentage of withdrawals; expectation of need for early or unscheduled withdrawals to fund then current living expenses and obligations; marital and family status; and tax-qualified or non-tax-qualified purpose of the investment.

Differences in the percentage of a Bonus Option or differences in the method of computing Contract Value for purposes of a step-up Option do not otherwise affect the operation of the resulting combination of Options.

References to "this GMWB" apply to each of the GMWBs, Flex GMWB and Flex with Joint Option GMWB, including all of the available benefit options and their associated GAWA percentages, as discussed below. In addition, as disclosed in the Fees and Expenses Tables, the charges of each GMWB will vary depending on the benefit option selected. Upon selection of the benefit option and a request for one of these GMWBs received in Good Order, the Owner will receive an endorsement to the Contract reflecting the selection of combination of Options associated with the selected bonus option.

Each benefit option is offered to Owners between the ages of 35 and 80, unless you opt to elect the Flex DB NY, which has its own issue age requirements. For information about the Flex DB NY, please see "Flex DB NY" under "Add-On Death Benefits", beginning on page [122](#i6a8c7a642b0f405da7cd588a87395385_247). As explained below with regard to both the Flex GMWB and Flex with Joint Option GMWB, the timing and amounts of withdrawals have a significant impact on the amount and duration of benefits. The cumulative costs of these GMWBs also are greater the longer the duration of ownership. The closer you are to retirement the more reliably you may be able to forecast your needs to make withdrawals prior to the ages where the amounts of certain benefits such as the For Life Guarantee (59½) and the GWB adjustment (70) are locked-in. Conversely, forecasts at younger ages may prove less reliable. You should undertake careful consideration and thorough consultation with your financial professional or retirement planning agent as to the financial resources and age of the Owner/Annuitant and the value to you of the potentially limited downside protection that this GMWB might provide.

**These GMWBs may not be terminated by the Owner independently from the Contract to which they are attached.**

**Flex GMWB.** 

*The following description of this GMWB is supplemented by the examples in Appendix D under section "III. Flex GMWB," particularly example 2 for the varying benefit percentage, examples 6 and 7 for the step-ups and example 12 for the guaranteed withdrawal balance adjustment.* 

This GMWB guarantees partial withdrawals during the Contract's accumulation phase (i.e., before the Income Date) subject to the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is in effect, the guarantee lasts for the lifetime of the Designated Life or if there are joint Owners, the lifetime of the joint Owner who dies first (the "For Life Guarantee"). For purposes of this GMWB, the Designated Life is the original Owner (or oldest joint Owner) if the Owner is a natural person. If the Owner is a legal entity, the Designated Life is the original Annuitant (or oldest joint Annuitant).

For the Owner that is a legal entity, the guarantee lasts for the lifetime of the Designated Life (or if there are joint Annuitants, the lifetime of the joint Annuitant who dies first).

The For Life Guarantee becomes effective on the Contract Anniversary on or immediately following the Designated Life attaining the age of 59½. If the Designated Life is 59½ years old or older on the endorsement's effective date, then the For Life Guarantee is effective when this GMWB is added to the Contract.

**If the For Life Guarantee is in effect, it will be terminated if a withdrawal exceeds the permissible amounts and reduces the Contract Value to zero.** (Please see the "Contract Value is Zero" subsection below to understand what happens when the Contract Value is reduced to zero.) Otherwise, the For Life Guarantee remains effective until the date this GMWB endorsement is terminated or until the Continuation Date on which this GMWB endorsement is continued under spousal continuation. Please see the "Termination" subsection below to understand under what conditions this GMWB endorsement and, accordingly, the For Life Guarantee can be terminated.

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**In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee and it will never become effective. See "Contract Value is Zero" below for more information.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is not in effect, the guarantee lasts until the earlier of (1) the date of death of the Owner (or any joint Owner) or (2) the date when all withdrawals under the Contract equal the Guaranteed Withdrawal Balance (GWB), without regard to Contract Value.

The GWB is the guaranteed amount available for future periodic withdrawals.

In the event of the Owner's death, a spousal Beneficiary may continue this GMWB endorsement under spousal continuation. In that event, the GWB is payable until depleted. (Please see the "Spousal Continuation" subsection below for more information.) If the Beneficiary is a non-spousal Beneficiary, the GWB is void and this endorsement is terminated; therefore, the Owner's death may have a significant negative impact on the value of this GMWB endorsement and cause the endorsement to prematurely terminate.

Please consult the financial professional who is helping, or who helped, you purchase your Contract to be sure that this GMWB and the benefit option you ultimately choose suits your needs and is consistent with your expectations.

This GMWB is available to Owners 35 to 80 years old, or 35 to 75 years old if you elect to add the Flex DB NY (proof of age is required). This GMWB may be added to a Contract on the Issue Date or on any Contract Anniversary (subject to availability). Please note, this GMWB may be added to a Contract on any Contract Anniversary (subject to availability), the Flex DB NY is not available after issue and can only be added on the Issue Date. Once added this GMWB cannot be cancelled except by a Beneficiary who is the Owner's spouse, who, upon the Owner's death, may elect to continue the Contract without the GMWB. If you are eligible to elect this GMWB after the Contract Issue Date on a Contract Anniversary (subject to availability), we must receive a request in Good Order within 30 calendar days prior to the Contract Anniversary. **This GMWB is not available on a Contract that already has a GMWB (only one GMWB per Contract).** Availability of this GMWB may be subject to further limitation.

We allow ownership changes of a Contract with this GMWB However, The Designated Life may not be changed. Any provisions referring to the age of a Designated Life apply even if that Designated Life is no longer living. When the Owner is a legal entity, changing Annuitants is not allowed.

There is a limit on withdrawals each Contract Year to keep the guarantees of this GMWB in full effect – the greater of the Guaranteed Annual Withdrawal Amount (GAWA) and for certain tax-qualified Contracts, the required minimum distribution (RMD) under the Internal Revenue Code. Withdrawals exceeding the limit do not invalidate the For Life Guarantee, but cause the GWB and GAWA to be recalculated, and may be subject to withdrawal charges. Please see ***Guaranteed Withdrawal Balance (***"***GWB***"***)*** and "***Withdrawals***" below for more information about the GWB and GAWA.

***Guaranteed Withdrawal Balance (***"***GWB***"***).*** The GWB is established for the sole purpose of determining the minimum withdrawal benefit and is not used in calculating your Contract Value or other guaranteed benefits. The GWB depends on when this GMWB is added to the Contract, and the GAWA derives from the GWB for all combinations of Options.

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –**  | &nbsp;&nbsp;The **GWB** equals initial Premium net of any applicable Premium taxes. |
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –**  | The **GAWA** is determined based on the Designated Life's (or oldest joint Owner's) attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the partial withdrawal.  |

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on any Contract Anniversary, subject to availability</u> –** | &nbsp;&nbsp;The **GWB** equals Contract Value.  |
| **<u>When this GMWB is added to the Contract on any Contract Anniversary, subject to availability</u> –** | The **GAWA** is determined based on the Designated Life's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the partial withdrawal.  |

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**The GWB can never be more than $10 million** (including upon Step-Up, the application of a GWB adjustment or the application of any bonus), and the GWB is reduced by each withdrawal.

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**PLEASE NOTE:** Upon the death of the Designated Life, or in the case of joint Owners, the death of the first joint Owner, the For Life Guarantee is void. However, this GMWB might be continued by a spousal Beneficiary without the For Life Guarantee. Please see the "Spousal Continuation" subsection below for more information. If the For Life Guarantee is not in effect, upon the death of the Owner or the death of any joint Owner or the depletion of the GWB, all payments will cease and spousal continuation is not available.

***Withdrawals.*** The GAWA percentage and the GAWA are determined at the time of the first withdrawal. The GAWA is equal to the GAWA percentage multiplied by the GWB prior to the partial withdrawal. The GAWA percentage varies according to age group and the Income Stream Level associated with your selected benefit option, and is determined based on the Designated Life's attained age at the time of the first withdrawal. (Elsewhere in this prospectus we refer to this varying GAWA percentage structure as the "varying benefit percentage".)

There are different Income Stream Levels available, depending upon the benefit option you elect, each of which provide different sets of GAWA percentages. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. We reserve the right to prospectively restrict the availability of benefit options. Therefore, not all GAWA percentages may be available at the time you are interested in electing this GMWB. Please contact your financial professional, or contact us at our Jackson of NY Customer Care Center, for information regarding the current availability of the benefit options and their associated GAWA percentages.

We reserve the right to prospectively change the GAWA percentages, including the age bands, on new GMWB endorsements. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical GAWA percentages.

The GAWA percentages applicable to your benefit will be reflected in your Contract endorsement.

In connection with a change of GAWA percentages, as described above, we may continue to offer the existing GAWA percentages, in effect prior to the change, as an Optional GAWA% table at an increased charge. The increased charge for any combination of options under the Freedom Flex GMWB will not be greater than the maximum annual charges shown in the charge tables, which in no event exceed 3.00%. For the charges for each GMWB, please see the section for the applicable GMWB appearing under "Contract Charges" beginning on page [24](#i6a8c7a642b0f405da7cd588a87395385_64). Also, please see the *"Optional Benefit Charges"* table under the "FEES AND EXPENSES TABLES" beginning on page [10](#i09b2a041f76c479db55034edb2cfb182_0-0-1-1-160685). The Optional GAWA% table will maintain the GAWA percentages for each age group that were available before the change as reflected in the Rate Sheet Prospectus Supplement that was applicable at the time you purchased your Contract. If we offer the Optional GAWA% table, the notice of change in the form of a prospectus supplement, that will be delivered to you, will describe both the change to the GAWA percentages, and the Optional GAWA% table and related charges. We reserve the right to prospectively change the GAWA percentages in the Optional GAWA% table, including the age bands, on new GMWB endorsements subject to the notices and procedures described above.

Withdrawals cause the GWB to be recalculated. Withdrawals will also cause the GAWA to be recalculated if the withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the GAWA, or for certain tax-qualified Contracts only, the RMD (if greater than the GAWA). In such case, the recalculation of the GAWA will occur whether or not the For Life Guarantee is in effect. If the GWB is less than the GAWA at the end of any Contract Year and the For Life Guarantee is not in effect, the GAWA will be set equal to the GWB. This may occur, when over time, payment of the guaranteed withdrawals is nearly complete, the For Life Guarantee is not in effect and the GWB has been depleted to a level below the GAWA. The tables below clarify what happens in each instance. (RMD denotes the required minimum distribution under the Internal Revenue Code for certain tax-qualified Contracts only. There is no RMD for non-qualified Contracts.) In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee and it will never become effective. See "Contract Value is Zero" below for more information.

If cumulative withdrawals during a Contract Year do not exceed the greater of the GAWA or RMD, if applicable, no withdrawal charges will apply to those withdrawals. If any portion of a withdrawal causes the cumulative total of all withdrawals taken during the Contract Year to exceed the greater of the GAWA or RMD, if applicable, withdrawal charges may apply to the portion of the withdrawal defined as an Excess Withdrawal (see below for more information on Excess Withdrawals).

For certain tax-qualified Contracts, this GMWB allows withdrawals greater than GAWA to meet the Contract's RMD without compromising the endorsement's guarantees. Examples 4, 5 and 7 in Appendix D under section "III. Flex GMWB" supplement this description. Because the intervals for the GAWA and RMDs are different, namely Contract Years versus calendar years, and because RMDs are subject to other conditions and limitations, if your Contract is a tax-qualified Contract, then please see "RMD NOTES" under "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" on page [46](#i6a8c7a642b0f405da7cd588a87395385_187), for more information.

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | The GWB before the withdrawal less the withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The **GAWA** is unchanged. | The **GAWA** is unchanged. | The **GAWA** is unchanged. |

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The GAWA is **<u>not</u>** reduced if all withdrawals during any one Contract Year do not exceed the greater of the GAWA or RMD, as applicable. The GAWA will be reduced at the end of a Contract Year to equal the GWB if the For Life Guarantee is not in effect and the GWB is nearly depleted, resulting in a GWB that is less than the GAWA. You may withdraw the greater of the GAWA or RMD, as applicable, all at once or throughout the Contract Year. Withdrawing less than the greater of the GAWA or RMD, as applicable, in a Contract Year does not entitle you to withdraw more than the greater of the GAWA or RMD, as applicable, in the next Contract Year. The amount you may withdraw each Contract Year and not cause the GWB and GAWA to be recalculated does not accumulate.

Withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year causes the GWB and GAWA to be recalculated (see below and Example 7 in Appendix D under section "III. Flex GMWB"). **In recalculating the GWB, the GWB could be reduced by more than the withdrawal amount. The GAWA will also be reduced. Therefore, please note that withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year may have a significantly negative impact on the value of this benefit.**

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The GWB prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The GAWA prior to the partial withdrawal is reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal. |

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The Excess Withdrawal is defined to be the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The total amount of the current partial withdrawal, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount by which the cumulative partial withdrawals for the current Contract Year exceeds the greater of the GAWA or the RMD, as applicable.

Withdrawals under this GMWB are assumed to be the total amount deducted from the Contract Value, including any withdrawal charges, asset allocation fees, and other charges or adjustments. Any withdrawals from Contract Value allocated to a Fixed Account Option may be subject to a Market Value Adjustment. For more information, please see "THE FIXED ACCOUNT" beginning on page [15](#i6a8c7a642b0f405da7cd588a87395385_46). Withdrawals in excess of free withdrawals may be subject to a withdrawal charge.

Withdrawals under this GMWB are considered the same as any other partial withdrawals for the purposes of calculating any other values under the Contract and any other endorsements (for example, the Contract's death benefit). All withdrawals count toward the total amount withdrawn in a Contract Year, including automatic withdrawals, RMDs for certain tax-qualified Contracts, withdrawals of asset allocation and advisory fees, and free withdrawals under the Contract. They are subject to the same restrictions and processing rules as described in the Contract. They are also treated the same for federal income tax purposes. For more information about tax-qualified and non-qualified Contracts, please see "TAXES" beginning on page [127](#i6a8c7a642b0f405da7cd588a87395385_271).

If the age of any Designated Life is incorrectly stated at the time of election of the GMWB, on the date the misstatement is discovered, the GWB and the GAWA will be recalculated based on the GAWA percentage applicable at the correct age. Any future GAWA percentage recalculation will be based on the correct age. If the age at election of the Designated Life falls outside the allowable age range, the GMWB will be null and void and all GMWB charges will be refunded.

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Withdrawals made under section 72(t) or section 72(q) of the Code are **<u>not</u>** considered RMDs for purposes of preserving the guarantees under this GMWB. Such withdrawals that exceed the GAWA will have the same effect as any withdrawal or excess withdrawal as described above and, consistent with that description, may cause a significant negative impact to your benefit.

***Guaranteed Withdrawal Balance Adjustment.*** If no withdrawals are taken from the Contract on or prior to the GWB Adjustment Date (as defined below), then you will receive a GWB adjustment. Tax-qualified plan Contract Owners should consider the impact of Required Minimum Distributions on this benefit since any withdrawal from the Contract will void the GWB adjustment.

The GWB Adjustment Date is the later of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversary on or immediately following the Designated Life's 70<sup>th</sup> birthday, *<u>Or</u>*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The 12<sup>th</sup> Contract Anniversary following the effective date of this endorsement.

The GWB adjustment is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• On the effective date of this endorsement, the GWB adjustment is equal to a percentage of the GWB, subject to a maximum of $10 million. Current GWB adjustment percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical GWB adjustment percentages, please see "Appendix G (Historical Add-On Benefit Rates)."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received after this GMWB is effective and prior to the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the applicable GWB adjustment percentage of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10 million. (See Example 3 in Appendix D under section "III. Flex GMWB".)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received on or after the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the amount of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10,000,000. (See Example 3 in Appendix D under section "III. Flex GMWB".)

If no partial withdrawals are taken on or prior to the GWB Adjustment Date, the GWB will be re-set on that date to equal the greater of the current GWB or the GWB adjustment. No adjustments are made to the Bonus Base. Once the GWB is re-set, this GWB adjustment provision terminates. **In addition, if a withdrawal is taken on or before the GWB Adjustment Date, this GWB adjustment provision terminates without value**. (Please see example 13 in Appendix D under section "III. Flex GMWB" for an illustration of this GWB adjustment provision.)

***Premiums.***

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| | | | |
|:---|:---|:---|:---|
| **<u>With each subsequent Premium payment on the Contract</u> –** | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  |
| **<u>With each subsequent Premium payment on the Contract</u> –** | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: |
| **<u>With each subsequent Premium payment on the Contract</u> –** | | ● | The GAWA percentage multiplied by the subsequent Premium payment net of any applicable Premium taxes; *<u>Or</u>* |
| **<u>With each subsequent Premium payment on the Contract</u> –** | | ● | The GAWA percentage multiplied by the increase in the GWB – <u>if the maximum GWB is hit</u>. |

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We require prior approval for a subsequent Premium payment that would result in your Contract having $1 million of Premiums in the aggregate. We also reserve the right to refuse subsequent Premium payments. **The GWB can never be more than $10 million.** See Example 3b in Appendix D under section "III. Flex GMWB" to see how the GWB is recalculated when the $10 million maximum is hit.

***Step-up.*** On each Contract Anniversary following the effective date of this GMWB, if the Contract Value is greater than the GWB, the GWB will be automatically re-set to the Contract Value by one of two calculation methods. These calculation methods vary

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depending upon the benefit option you elect, and cannot be changed after the effective date of your GMWB. Under one method, the GWB will be reset to the Contract Value on that Contract Anniversary (the "Contract Anniversary Value"). Under the other method the GWB will be reset annually on each Contract Anniversary to the highest quarterly Contract Value, as described immediately below ("Highest Quarterly Contract Value"). (See Examples 6 and 7 in Appendix D under section "III. Flex GMWB").

The Contract Anniversary Value method, as opposed to the Highest Quarterly Contract Value method, is determined solely by reference to and use of the Contract Value on that Contract Anniversary.

The Highest Quarterly Contract Value is determined by reference to and use of the Contract Value on the highest of the four prior Contract Quarterly Anniversaries as follows:

The Highest Quarterly Contract Value is equal to the highest of the quarterly adjusted Contract Values from the four most recent Contract Quarterly Anniversaries, including the Contract Anniversary upon which the step-up is determined. The quarterly adjusted Contract Value is equal to the Contract Value on the Contract Quarterly Anniversary, plus any Premium paid subsequent to that Contract Quarterly Anniversary, net of any applicable Premium taxes, and adjusted for any partial withdrawals taken subsequent to that Contract Quarterly Anniversary.

Partial withdrawals will affect the quarterly adjusted Contract Value as follows:

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, reduced by the partial withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | Zero. |

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see above), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | Zero. |

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| | | |
|:---|:---|:---|
| **<u>With a step-up</u> –** | The **GWB** equals the Contract Value, as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value (**subject to a $10 million maximum**). | The **GWB** equals the Contract Value, as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value (**subject to a $10 million maximum**). |
| **<u>With a step-up</u> –** | ● | The GAWA percentage will not be recalculated upon step-ups following spousal continuation. |
| **<u>With a step-up</u> –** | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: |
| **<u>With a step-up</u> –** | ● | The GAWA percentage (as adjusted by any increase that occurs pursuant to the same step-up) multiplied by the new GWB, *<u>Or</u>* |
| **<u>With a step-up</u> –** | ● | The GAWA prior to step-up. |

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**PLEASE NOTE: Withdrawals from the Contract reduce the GWB and Contract Value.**

**The GWB can never be more than $10 million with a step-up.** Upon step-up, the applicable GMWB charge will be reflected in your confirmation.

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***GMWB Charge Increase.* On each fifth Contract Anniversary, the GMWB charge may be increased**. You will be notified in advance of a GMWB Charge increase and may elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provision, automatic step-up provision, GWB adjustment, and any other increases to the GWB and GAWA. Such election must be received in Good Order prior to the Contract Anniversary. **Upon such election, no future Premiums will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in the charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All requests will be effective on the Contract Anniversary following receipt of the request in Good Order. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter. For more information, please see "Flex GMWB Charge."

***Owner's Death.*** The Contract's death benefit is not affected by this GMWB <u>so long as Contract Value is greater than zero</u> and the Contract is still in the accumulation phase. Upon your death (or the death of any joint Owner) while the Contract is still in force, this GMWB terminates without value, unless continued by the surviving spouse.

Also see the *"Flex DB NY"* under "Add-On Death Benefits", beginning on page [122](#i6a8c7a642b0f405da7cd588a87395385_247) for the death benefit that differs from the Contract's death benefit and is available only in combination with the selection of certain Flex GMWB benefit options. At the time you purchased your Contract, different requirements may have been in place for election of the Flex DB NY. Please see "Appendix G (Historical Add-On Benefit Rates)" for more information.

***Contract Value Is Zero*.** With this GMWB, in the event the Contract Value is zero, the Owner will receive annual payments of the GAWA until the death of the Designated Life (or the death of any joint Owner), <u>so long as the For Life Guarantee is in effect</u> and the Contract is still in the accumulation phase. If the For Life Guarantee is not in effect, the Owner will receive annual payments of the GAWA until the earlier of the death of the Designated Life (or the death of any joint Owner) or the date the GWB, if any, is depleted, so long as the Contract is still in the accumulation phase. The last payment will not exceed the remaining GWB at the time of payment. If the GAWA percentage has not yet been determined, it will be set at the GAWA percentage corresponding to the Designated Life's attained age at the time the Contract Value falls to zero and the GAWA will be equal to the GAWA percentage multiplied to the GWB.

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| | | | |
|:---|:---|:---|:---|
| **<u>After each payment when the Contract Value is zero</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | The GWB before the payment less the payment; *<u>Or</u>* |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | Zero. |
| **<u>After each payment when the Contract Value is zero</u> –** | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. |

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Subject to the Company's approval, you may elect to receive payments more frequently than annually. If you die, all rights under your Contract cease. No subsequent Premium payments will be accepted. All optional endorsements terminate without value and no death benefit is payable, including the Flex DB NY.

***Spousal Continuation*.** In the event of the Owner's death (or any joint Owner's death), the Beneficiary who is the Owner's spouse may elect to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>with</u> this GMWB – so long as Contract Value is greater than zero, and the Contract is still in the accumulation phase. (The date the spousal Beneficiary's election to continue the Contract is in Good Order is called the Continuation Date.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Upon the Owner's death, the For Life Guarantee is void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The GWB is only payable while there is value to it (until depleted).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The GWB adjustment provision is void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Step-ups will continue as permitted in accordance with the step-up rules above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Contract Anniversaries will continue to be based on the Contract's Issue Date.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the GAWA percentage has not yet been determined, the GAWA percentage will be based on the original Designated Life's attained age on the continuation date (as if that person survived to that date). The GAWA percentage will not change on future step-ups.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The Latest Income Date is based on the age of the surviving spouse. Please refer to "Annuitization" subsection below for information regarding the availability of the "Specified Period Income of the GAWA" option if the GWB has been continued by a spousal Beneficiary upon the death of the original Owner.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>without</u> this GMWB (GMWB is terminated).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Add this GMWB to the Contract on any Contract Anniversary after the Continuation Date, subject to availability, and subject to the Beneficiary's eligibility – <u>if the spousal Beneficiary terminated the GMWB in continuing the Contract</u>.

For more information about spousal continuation of a Contract, please see "Spousal Continuation Option" beginning on page [126](#i6a8c7a642b0f405da7cd588a87395385_259)**.**

***Termination.*** This GMWB terminates subject to a prorated GMWB Charge assessed for the period since the last monthly charge and all benefits cease on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Income Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of total withdrawal of Contract Value;

In taking a total withdrawal of your Contract Value, you will receive the Contract Value less any applicable charges and adjustments and not the GWB or the GAWA you would have received under this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of the Owner's death (or any joint Owner's death), <u>unless</u> the Beneficiary who is the Owner's spouse elects to continue the Contract with the GMWB;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Continuation Date if the spousal Beneficiary elects to continue the Contract without the GMWB; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date all obligations for payment under this GMWB are satisfied after the Contract has terminated pursuant to the termination provisions of the Contract.

This GMWB may not otherwise be terminated independently from termination of the Contract.

***Annuitization.***

***Life Income of GAWA.*** On the Latest Income Date if the For Life Guarantee is in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. This income option provides payments in a fixed dollar amount for the lifetime of the Owner (or, with joint Owners, the lifetime of the joint Owner who dies first). The total annual amount payable will equal the GAWA in effect at the time of election of this option. This annualized amount will be paid in the frequency (no less frequently than annually) that the Owner selects. No further annuity payments are payable after the death of the Owner (or any Owner's death with joint Owners), and there is no provision for a death benefit payable to the Beneficiary. Therefore, it is possible for only one annuity payment to be made under this Income Option if the Owner dies before the due date of the second payment.

If the GAWA percentage has not yet been determined, the GAWA percentage will be based on the Designated Life's attained age at the time of election of this option. The GAWA percentage will not change after election of this option.

***Specified Period Income of the GAWA.*** On the Latest Income Date if the For Life Guarantee is *not* in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. **(This income option only applies if the GMWB has been continued by the spousal** 

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**Beneficiary upon the death of the original Owner, in which case the spouse becomes the Owner of the Contract and the Latest Income Date is based on the age of the spouse.)**

This income option provides payments in a fixed dollar amount for a specific number of years. The actual number of years that payments will be made is determined on the calculation date by dividing the GWB by the GAWA. Upon each payment, the GWB will be reduced by the payment amount, and no payments will be made in excess of the remaining GWB. The annual amount payable will equal the GAWA, except that the last payment may be a smaller amount equal to the then-remaining GWB. This annualized amount will be paid over the specific number of years in the frequency (no less frequently than annually) that the Owner selects. If the Owner should die before the payments have been completed, the remaining payments will be made to the Beneficiary, as scheduled.

The "Specified Period Income of the GAWA" income option may not be available if the Contract is issued as a tax qualified Contract under Sections 401, 403, 408 or 457 of the Internal Revenue Code. For such Contracts, this income option will only be available if the guaranteed period is less than the life expectancy of the spouse at the time the option becomes effective.

***See "Guaranteed Minimum Withdrawal Benefit General Considerations" and "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [45](#i6a8c7a642b0f405da7cd588a87395385_184) for additional things to consider before electing a GMWB; when electing to annuitize your Contract after having purchased a GMWB; or when the Latest Income Date is approaching and you are thinking about electing or have elected a GMWB.***

***Effect of GMWB on Tax Deferral*.** This GMWB may not be appropriate for Owners who have as a primary objective taking maximum advantage of the tax deferral that is available to them under an annuity contract to accumulate assets. Please consult your tax and financial advisors before adding this GMWB to a Contract.

***Bonus.*** The primary purpose of the bonus is to act as an incentive for you to defer taking withdrawals. A bonus equal to a percentage of the Bonus Base (defined below) will be applied to the GWB at the end of each Contract Year within the Bonus Period (also defined below) if no withdrawals are taken during that Contract Year. The current Bonus percentage options are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical Bonus percentage options, please see "Appendix G (Historical Add-On Benefit Rates)." The percentage that actually applies under your GMWB is the one that is included as the bonus rate in the benefit option that you elect. The bonus enables the GWB and GAWA to increase in a given Contract Year (even during a down market relative to your Contract Value allocated to the Investment Divisions). The increase, however, may not equal the amount that your Contract Value has declined. This description of the bonus feature is supplemented by the examples in Appendix D under section "III. Flex GMWB", particularly example 10. The box below has more information about the bonus, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• How the bonus is calculated;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• What happens to the Bonus Base (and bonus) with a withdrawal, Premium payment, and any step-up;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For how long the bonus is available; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• When and what happens when the bonus is applied to the GWB.

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| | | | | |
|:---|:---|:---|:---|:---|
| The bonus equals a percentage of the Bonus Base, determined by the Bonus included in your benefit option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  | The bonus equals a percentage of the Bonus Base, determined by the Bonus included in your benefit option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  | The bonus equals a percentage of the Bonus Base, determined by the Bonus included in your benefit option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  | The bonus equals a percentage of the Bonus Base, determined by the Bonus included in your benefit option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  | The bonus equals a percentage of the Bonus Base, determined by the Bonus included in your benefit option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  |
| | ● | <u>When this GMWB is added to the Contract</u>, the Bonus Base equals the GWB. | <u>When this GMWB is added to the Contract</u>, the Bonus Base equals the GWB. | <u>When this GMWB is added to the Contract</u>, the Bonus Base equals the GWB. |
| | ● | <u>With a withdrawal</u>, if that withdrawal, and all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA and the RMD, as applicable, then the Bonus Base is set to the lesser of the GWB after, and the Bonus Base before, the withdrawal. Otherwise, there is no adjustment to the Bonus Base with withdrawals. | <u>With a withdrawal</u>, if that withdrawal, and all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA and the RMD, as applicable, then the Bonus Base is set to the lesser of the GWB after, and the Bonus Base before, the withdrawal. Otherwise, there is no adjustment to the Bonus Base with withdrawals. | <u>With a withdrawal</u>, if that withdrawal, and all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA and the RMD, as applicable, then the Bonus Base is set to the lesser of the GWB after, and the Bonus Base before, the withdrawal. Otherwise, there is no adjustment to the Bonus Base with withdrawals. |
| | | | ○ | All withdrawals count, including: automatic withdrawals; RMDs for certain tax-qualified Contracts; withdrawals of asset allocation and advisory fees; and free withdrawals under the Contract. |

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| | | |
|:---|:---|:---|
| | ○ | A withdrawal in a Contract Year during the Bonus Period (defined below) precludes a bonus for that Contract Year. |
| ● | <u>With a Premium payment</u>, the Bonus Base increases by the amount of the Premium payment net of any applicable Premium taxes. | <u>With a Premium payment</u>, the Bonus Base increases by the amount of the Premium payment net of any applicable Premium taxes. |
| ● | <u>With any step-up</u> **(if the GWB increases upon step-up)**, the Bonus Base is set to the greater of the GWB after, and the Bonus Base before, the step-up.  | <u>With any step-up</u> **(if the GWB increases upon step-up)**, the Bonus Base is set to the greater of the GWB after, and the Bonus Base before, the step-up.  |
| **The Bonus Base can never be more than $10 million.** | **The Bonus Base can never be more than $10 million.** | **The Bonus Base can never be more than $10 million.** |
| The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: | The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: | The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: |
| ● | The GWB is recalculated, increasing by a percentage of the Bonus Base, determined by the Bonus included in your benefit option election. | The GWB is recalculated, increasing by a percentage of the Bonus Base, determined by the Bonus included in your benefit option election. |
| ● | If the Bonus is applied after the first withdrawal (in a prior year), the GAWA is then recalculated, equaling the greater of the GAWA percentage multiplied by the new GWB or the GAWA before the bonus. | If the Bonus is applied after the first withdrawal (in a prior year), the GAWA is then recalculated, equaling the greater of the GAWA percentage multiplied by the new GWB or the GAWA before the bonus. |
| Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. | Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. | Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. |
| The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.) <br>The Bonus Period ends on the earlier of:  | The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.) <br>The Bonus Period ends on the earlier of:  | The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.) <br>The Bonus Period ends on the earlier of:  |
| ● | The tenth Contract Anniversary following (1) the effective date of the endorsement or (2) the most recent increase to the Bonus Base due to a step-up, if later; or | The tenth Contract Anniversary following (1) the effective date of the endorsement or (2) the most recent increase to the Bonus Base due to a step-up, if later; or |
| ● | The date the Contract Value is zero. | The date the Contract Value is zero. |
| The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up Such a restart, however, will not reinstate any bonus that would have been credited on a prior date that was not within a Bonus Period. | The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up Such a restart, however, will not reinstate any bonus that would have been credited on a prior date that was not within a Bonus Period. | The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up Such a restart, however, will not reinstate any bonus that would have been credited on a prior date that was not within a Bonus Period. |
| The purpose of the re-start provision is to extend the period of time over which the Owner is eligible to receive a bonus. For example, assume this GMWB is added to a Contract on December 1, 2025. At that time, the bonus period is scheduled to expire on December 1, 2035 (which is the tenth Contract Anniversary following the effective date of the endorsement). If a step-up increasing the Bonus Base occurs on the third Contract Anniversary following the effective date of the endorsement (December 1, 2028), and the Designated Life is younger than age 80, the Bonus Period will re-start and will be scheduled to expire on December 1, 2038. Further, assuming that the next Bonus Base increase due to a step-up does not occur until December 1, 2040 (which is two years after the Bonus Period in this example expired) and that the Designated Life is still younger than age 80 at that time, the Bonus Period would re-start on December 1, 2040, and would be scheduled to expire on December 1, 2050. (Please also see Examples 6 and 7 in Appendix D under section "III. Flex GMWB" for more information regarding the re-start provision.) | The purpose of the re-start provision is to extend the period of time over which the Owner is eligible to receive a bonus. For example, assume this GMWB is added to a Contract on December 1, 2025. At that time, the bonus period is scheduled to expire on December 1, 2035 (which is the tenth Contract Anniversary following the effective date of the endorsement). If a step-up increasing the Bonus Base occurs on the third Contract Anniversary following the effective date of the endorsement (December 1, 2028), and the Designated Life is younger than age 80, the Bonus Period will re-start and will be scheduled to expire on December 1, 2038. Further, assuming that the next Bonus Base increase due to a step-up does not occur until December 1, 2040 (which is two years after the Bonus Period in this example expired) and that the Designated Life is still younger than age 80 at that time, the Bonus Period would re-start on December 1, 2040, and would be scheduled to expire on December 1, 2050. (Please also see Examples 6 and 7 in Appendix D under section "III. Flex GMWB" for more information regarding the re-start provision.) | The purpose of the re-start provision is to extend the period of time over which the Owner is eligible to receive a bonus. For example, assume this GMWB is added to a Contract on December 1, 2025. At that time, the bonus period is scheduled to expire on December 1, 2035 (which is the tenth Contract Anniversary following the effective date of the endorsement). If a step-up increasing the Bonus Base occurs on the third Contract Anniversary following the effective date of the endorsement (December 1, 2028), and the Designated Life is younger than age 80, the Bonus Period will re-start and will be scheduled to expire on December 1, 2038. Further, assuming that the next Bonus Base increase due to a step-up does not occur until December 1, 2040 (which is two years after the Bonus Period in this example expired) and that the Designated Life is still younger than age 80 at that time, the Bonus Period would re-start on December 1, 2040, and would be scheduled to expire on December 1, 2050. (Please also see Examples 6 and 7 in Appendix D under section "III. Flex GMWB" for more information regarding the re-start provision.) |
| Spousal continuation of a Contract with this GMWB does not affect the Bonus Period; Contract Anniversaries are based on the Contract's Issue Date. | Spousal continuation of a Contract with this GMWB does not affect the Bonus Period; Contract Anniversaries are based on the Contract's Issue Date. | Spousal continuation of a Contract with this GMWB does not affect the Bonus Period; Contract Anniversaries are based on the Contract's Issue Date. |

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**Flex with Joint Option GMWB.** 

*The description of this GMWB is supplemented by the examples in Appendix D under section "III. Flex GMWB", particularly example 2 for the varying benefit percentage, examples 6 and 7 for the step-ups, example 12 for the For Life guarantees and example 13 for the guaranteed withdrawal balance adjustment.* 

**Except as otherwise discussed below, the election of this GMWB under a non-tax-qualified contract requires the joint Owners to be spouses (as defined under the Internal Revenue Code) and each joint Owner is considered to be a "Covered Life."** In such cases, the Owners can be subsequently changed, but the Covered Lives cannot be changed. Upon the death of either joint Owner, the surviving joint Owner will be treated as the primary Beneficiary and all other Beneficiaries will be treated as contingent Beneficiaries. The For Life Guarantee will not apply to these contingent Beneficiaries, as they are not Covered Lives.

This GMWB is available on a limited basis under non-qualified Contracts for certain kinds of legal entities, such as (i) custodial accounts where the spouses are the joint Annuitants and (ii) trusts where the spouses are the sole beneficial owners and joint Annuitants. In these cases, the spouses are the Covered Lives, and the For Life Guarantee is based on the Annuitant's life who dies last. The Owners can be subsequently changed but no changes of Annuitant are allowed.

**Tax-qualified Contracts cannot be issued to joint Owners and require the Owner and Annuitant to be the same person. Under a tax-qualified Contract, the election of this GMWB requires the Owner and primary Beneficiary to be spouses (as defined in the Internal Revenue Code). The Owner and only the primary spousal Beneficiary named at the election of this GMWB under a tax-qualified Contract will also each be considered a Covered Life, and these Covered Lives cannot be subsequently changed.**

In certain circumstances we may permit the elimination of a joint Owner Covered Life or primary spousal Beneficiary Covered life in the event of divorce. In such cases, new Covered Lives may not be named.

For tax-qualified Contracts, the primary spousal Beneficiary cannot be changed while both the Owner and primary spousal Beneficiary are living. If the Owner dies first, the primary spousal Beneficiary will become the Owner upon spousal continuation and he or she may name a Beneficiary; however, that Beneficiary is not considered a Covered Life. Likewise, if the primary spousal Beneficiary dies first, the Owner may name a new Beneficiary; however, that Beneficiary is also not considered a Covered Life and consequently the For Life Guarantee will not apply to the new Beneficiary.

This GMWB is also available on a limited basis under Qualified Custodial Account Contracts, pursuant to which the Annuitant and a Contingent Annuitant named at election of the GMWB must be spouses and will be the Covered Lives. The only changes in these arrangements that we permit are that (i) the custodial owner may be changed or (ii) the ownership of the Contract may be transferred to the Annuitant if, at the same time as that transfer, the Contingent Annuitant is designated as the primary (spousal) Beneficiary.

For both non-qualified and tax-qualified Contracts, this GMWB guarantees partial withdrawals during the Contract's accumulation phase (i.e., before the Income Date) subject to the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This guarantee lasts for the duration of the life of the last surviving Covered Life (the "For Life Guarantee") if the For Life Guarantee is in effect.

The For Life Guarantee becomes effective on the Contract Anniversary on or immediately following the Designated Life attaining the age of 59½. For purposes of this GMWB, the Designated Life is the youngest Covered Life. If the Designated Life is 59½ years old or older on the endorsement's effective date, then the For Life Guarantee is effective when this GMWB is added to the Contract.

**If the For Life Guarantee is in effect, it will be terminated if a withdrawal exceeds the permissible amounts and reduces the Contract Value to zero.** (Please see the "Contract Value is Zero" subsection below to understand what happens when the Contract Value is reduced to zero.) Otherwise, the For Life Guarantee remains effective until the date this GMWB endorsement is terminated or until the Continuation Date on which a spousal Beneficiary who is not a Covered Life continues this GMWB endorsement under spousal continuation. Please see the "Termination" subsection below to understand under what conditions this GMWB endorsement and, accordingly, the For Life Guarantee can be terminated.

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**In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee, and it will never become effective.** See "Contract Value is Zero" below for more information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is not in effect, the guarantee lasts until the earlier of (1) the death of the Owner or any joint Owner, (2) the death of the Annuitant on Qualified Custodial Account Contracts, or (2) the date Guaranteed Withdrawal Balance (GWB) is depleted, without regard to Contract Value.

The GWB is the guaranteed amount available for future periodic withdrawals.

Upon the death, of the Owner or joint Owner, a spousal Beneficiary who is not a Covered Life may continue this GMWB endorsement under spousal continuation. In that event, the GWB is payable until depleted. (Please see the "Spousal Continuation" subsection below for more information.) **If the Beneficiary is a non-spousal Beneficiary, the GWB is void and this endorsement is terminated; therefore, the death of the Owner or joint Owner may have a significant negative impact on the value of this GMWB endorsement and cause the endorsement to prematurely terminate.**

**Because of the For Life Guarantee, your withdrawals could amount to more than the GWB. But PLEASE NOTE: The guarantees of this GMWB are subject to the endorsement's terms, conditions, and limitations that are explained below.**

Please consult the financial professional who is helping, or who helped, you purchase your Contract to be sure that this GMWB and the benefit option you ultimately choose suits your needs and is consistent with your expectations.

This GMWB is available to Covered Lives 35 to 80 years old (proof of age is required and both Covered Lives must be within the eligible age range). This GMWB may be added to a Contract on the Issue Date or on any Contract Anniversary; and cannot be canceled except by a spousal Beneficiary who is not a Covered Life, who, upon the Owner's death, may elect to continue the Contract without the GMWB. To continue Joint GMWB coverage upon the death of the Owner (or the death of either joint Owner of a non-qualified Contract), provided that the other Covered Life is still living, the Contract must be continued by election of spousal continuation. Upon continuation, the spouse becomes the Owner and obtains all rights as the Owner. If you are eligible to elect this GMWB after the Contract Issue Date on a Contract Anniversary (subject to availability), we must receive a request in Good Order within 30 calendar days prior to the Contract Anniversary.

**This GMWB is <u>not</u> available on a Contract that already has a GMWB (only one GMWB per Contract).** Availability of this GMWB may be subject to further limitation. There is a limit on withdrawals each Contract Year to keep the guarantees of this GMWB in full effect – the greater of the Guaranteed Annual Withdrawal Amount (GAWA) and for certain tax-qualified Contracts, the required minimum distribution (RMD) under the Internal Revenue Code. Withdrawals exceeding the limit do not invalidate the For Life Guarantee, but cause the GWB and GAWA to be recalculated, and may be subject to withdrawal charges. Please see ***Guaranteed Withdrawal Balance (***"***GWB***"***)*** and "***Withdrawals***" below for more information about the GWB and GAWA.

***Guaranteed Withdrawal Balance (***"***GWB***"***).*** The GWB is established for the sole purpose of determining the minimum withdrawal benefit and is not used in calculating your Contract Value or other guaranteed benefits. The GWB may not be withdrawn as a lump sum, and is not payable as a death benefit. The GWB depends on when this GMWB is added to the Contract, and the GAWA derives from the GWB for all combinations of Options.

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –** | &nbsp;&nbsp;The **GWB** equals initial Premium net of any applicable Premium taxes. |
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –** | The **GAWA** is determined based on the Designated Life's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the partial withdrawal.  |

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on any Contract Anniversary, subject to availability</u> –** | &nbsp;&nbsp;The **GWB** equals Contract Value.  |
| **<u>When this GMWB is added to the Contract on any Contract Anniversary, subject to availability</u> –** | The **GAWA** is determined based on the Designated Life's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the partial withdrawal.  |

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**The GWB can never be more than $10 million** (including upon step-up, the application of a GWB adjustment or the application of any Bonus), and the GWB is reduced by each withdrawal.

**PLEASE NOTE:** Upon the Owner's death, the For Life Guarantee is void unless this GMWB is continued by a spousal Beneficiary who is a Covered Life. However, it is possible for this GMWB to be continued without the For Life Guarantee by a spousal Beneficiary who is not a Covered Life. Please see the "Spousal Continuation" subsection below for more information.

***Withdrawals.*** The GAWA percentage and the GAWA are determined at the time of the first withdrawal. The GAWA is equal to the GAWA percentage multiplied by the GWB prior to the partial withdrawal. The GAWA percentage varies according to age group and the Income Stream Level associated with your selected benefit option, and is determined based on the Designated Life's attained age at the time of the first withdrawal. (Elsewhere in this prospectus we refer to this varying GAWA percentage structure as the "varying benefit percentage".)

There are two different Income Stream Levels available, depending upon the benefit option you elect, each of which provide different sets of GAWA percentages. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. We reserve the right to prospectively restrict the availability of the benefit options. Therefore, not all GAWA percentages may be available at the time you are interested in electing this GMWB. Please contact your financial professional, or contact us at our Jackson of NY Customer Care Center, for information regarding the current availability of the benefit options and their associated GAWA percentages.

We reserve the right to prospectively change the GAWA percentages, including the age bands, on new GMWB endorsements. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical GAWA percentages.

The GAWA percentages applicable to your benefit will be reflected in your Contract endorsement.

Withdrawals cause the GWB to be recalculated. Withdrawals will also cause the GAWA to be recalculated if the withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the GAWA, or for certain tax-qualified Contracts only, the RMD (if greater than the GAWA). In such case, the recalculation of the GAWA will occur whether or not the For Life Guarantee is in effect. If the GWB is less than the GAWA at the end of any Contract Year and the For Life Guarantee is not in effect, the GAWA will be set equal to the GWB. This may occur, when over time, payment of the guaranteed withdrawals is nearly complete, the For Life Guarantee is not in effect and the GWB has been depleted to a level below the GAWA. The tables below clarify what happens in each instance. (RMD denotes the required minimum distribution under the Internal Revenue Code for certain tax-qualified Contracts only. There is no RMD for non-qualified Contracts.) In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee and it will never become effective. See "Contract Value is Zero" below for more information.

If cumulative withdrawals during a Contract Year do not exceed the greater of the GAWA or RMD, if applicable, no withdrawal charges will apply to those withdrawals. If any portion of a withdrawal causes the cumulative total of all withdrawals taken during the Contract Year to exceed the greater of the GAWA or RMD, if applicable, withdrawal charges may apply to the portion of the withdrawal defined as an Excess Withdrawal (see below for more information on Excess Withdrawals).

For certain tax-qualified Contracts, this GMWB allows withdrawals greater than GAWA to meet the Contract's RMD without compromising the endorsement's guarantees. Examples 6, 7 and 9 in Appendix D under section "III. Flex GMWB" supplement this description. Because the intervals for the GAWA and RMDs are different, namely Contract Years versus calendar years, and because RMDs are subject to other conditions and limitations, if your Contract is a tax-qualified Contract, then please see "RMD NOTES" under "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" on page [46](#i6a8c7a642b0f405da7cd588a87395385_187), for more information.

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | The GWB before the withdrawal less the withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The **GAWA** is unchanged. | The **GAWA** is unchanged. | The **GAWA** is unchanged. |

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The GAWA is **<u>not</u>** reduced if all withdrawals during any one Contract Year do not exceed the greater of the GAWA or RMD, as applicable. The GAWA will be reduced at the end of a Contract Year to equal the GWB if the For Life Guarantee is not in effect and the GWB is nearly depleted, resulting in a GWB that is less than the GAWA. You may withdraw the greater of the GAWA or RMD, as applicable, all at once or throughout the Contract Year. Withdrawing less than the greater of the GAWA or RMD, as applicable, in

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a Contract Year does not entitle you to withdraw more than the greater of the GAWA or RMD, as applicable, in the next Contract Year. The amount you may withdraw each Contract Year and not cause the GWB and GAWA to be recalculated does not accumulate.

Withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year causes the GWB and GAWA to be recalculated (see below and Example 5 in Appendix D under section "III. Flex GMWB"). **In recalculating the GWB, the GWB could be reduced by more than the withdrawal amount. The GAWA will also be reduced. Therefore, please note that withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year may have a significantly negative impact on the value of this benefit.**

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The GWB prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The GAWA prior to the partial withdrawal is reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal. |

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The Excess Withdrawal is defined to be the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The total amount of the current partial withdrawal, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount by which the cumulative partial withdrawals for the current Contract Year exceeds the greater of the GAWA or the RMD, as applicable.

Withdrawals under this GMWB are assumed to be the total amount deducted from the Contract Value, including any withdrawal charges, asset allocation fees, and other charges or adjustments. Any withdrawals from Contract Value allocated to a Fixed Account Option may be subject to a Market Value Adjustment. For more information, please see "THE FIXED ACCOUNT" beginning on page [15](#i6a8c7a642b0f405da7cd588a87395385_46). Withdrawals in excess of free withdrawals may be subject to a withdrawal charge.

Withdrawals under this GMWB are considered the same as any other partial withdrawals for the purposes of calculating any other values under the Contract and any other endorsements (for example, the Contract's death benefit). All withdrawals count toward the total amount withdrawn in a Contract Year, including automatic withdrawals, RMDs for certain tax-qualified Contracts, withdrawals of asset allocation and advisory fees, and free withdrawals under the Contract. They are subject to the same restrictions and processing rules as described in the Contract. They are also treated the same for federal income tax purposes. For more information about tax-qualified and non-qualified Contracts, please see "TAXES" beginning on page [127](#i6a8c7a642b0f405da7cd588a87395385_271).

If the age of any Covered Life is incorrectly stated at the time of election of the GMWB, on the date the misstatement is discovered, the GWB and the GAWA will be recalculated based on the GAWA percentage applicable at the correct age. Any future GAWA percentage recalculation will be based on the correct age. If the age at election of either Covered Life falls outside the allowable age range, the GMWB will be null and void and all GMWB charges will be refunded.

Withdrawals made under section 72(t) or section 72(q) of the Code are **<u>not</u>** considered RMDs for purposes of preserving the guarantees under this GMWB. Such withdrawals that exceed the GAWA will have the same effect as any withdrawal or excess withdrawal as described above and, consistent with that description, may cause a significant negative impact to your benefit.

***Guaranteed Withdrawal Balance Adjustment.*** If no withdrawals are taken from the Contract on or prior to the GWB Adjustment Date (as defined below), then you will receive a GWB adjustment. Tax-qualified plan Contract Owners should consider the impact of Required Minimum Distributions on this benefit since any withdrawal from the Contract will void the GWB adjustment.

The GWB Adjustment Date is the later of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversary on or immediately following the Designated Life's 70<sup>th</sup> (71<sup>st</sup> for GMWBs issued before August 10, 2020) birthday, *<u>Or</u>*

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The 12<sup>th</sup> Contract Anniversary following the effective date of this endorsement.

The GWB adjustment is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• On the effective date of this endorsement, the GWB adjustment is equal to a percentage of the GWB, subject to a maximum of $10 million. Current GWB adjustment percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For list of historical GWB adjustment percentages, please see "Appendix G (Historical Add-On Benefit Rates)."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received after this GMWB is effective and prior to the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the applicable GWB adjustment percentage of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10 million. (See Example 3 in Appendix D under section "III. Flex GMWB".)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received on or after the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the amount of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10 million. (See Example 3 in Appendix D under section "III. Flex GMWB".)

If no partial withdrawals are taken on or prior to the GWB Adjustment Date, the GWB will be re-set on that date to equal the greater of the current GWB or the GWB adjustment. No adjustments are made to the Bonus Base. Once the GWB is re-set, this GWB adjustment provision terminates. **In addition, if a withdrawal is taken on or before the GWB Adjustment Date, this GWB adjustment provision terminates without value**. (Please see example 13 in Appendix D under section "III. Flex GMWB" for an illustration of this GWB adjustment provision.)

***Premiums.***

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| | | | |
|:---|:---|:---|:---|
| **<u>With each subsequent Premium payment on the Contract</u> –** | &nbsp;&nbsp;The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | &nbsp;&nbsp;The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | &nbsp;&nbsp;The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  |
| **<u>With each subsequent Premium payment on the Contract</u> –** | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: |
| **<u>With each subsequent Premium payment on the Contract</u> –** | | ● | The GAWA percentage multiplied by the sum of i) the subsequent Premium payment net of any applicable Premium taxes; *<u>Or</u>* |
| **<u>With each subsequent Premium payment on the Contract</u> –** | | ● | The GAWA percentage multiplied by the increase in the GWB – <u>if the maximum GWB is hit</u>. |

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We require prior approval for a subsequent Premium payment that would result in your Contract having $1 million of Premiums in the aggregate. We also reserve the right to refuse subsequent Premium payments. **The GWB can never be more than $10 million.** See Examples 4b and 5b in Appendix D under section "III. Flex GMWB" to see how the GWB is recalculated when the $10 million maximum is hit.

***Step-up.*** On each Contract Anniversary following the effective date of this GMWB, if the Contract Value is greater than the GWB, the GWB will be automatically re-set to the Contract Value by one of two calculation methods. These calculation methods vary depending upon the benefit option you elect, and cannot be changed. Under one method, the GWB will be reset to the Contract Value on that Contract Anniversary (the "Contract Anniversary Value"). Under the other method, the GWB will be reset annually on each Contract Anniversary to the highest quarterly Contract Value, as described immediately below ("Highest Quarterly Contract Value"). (See Examples 6 and 7 in Appendix D under section "III. Flex GMWB".)

The Contract Anniversary Value method, as opposed to the Highest Quarterly Contract Value method, is determined solely by reference to and use of the Contract Value on that Contract Anniversary.

The Highest Quarterly Contract Value is determined by reference to and use of the Contract Value on the highest of the four prior Contract Quarterly Anniversaries as follows:

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The Highest Quarterly Contract Value is equal to the highest of the quarterly adjusted Contract Values from the four most recent Contract Quarterly Anniversaries, including the Contract Anniversary upon which the step-up is determined. The quarterly adjusted Contract Value is equal to the Contract Value on the Contract Quarterly Anniversary, plus any Premium paid subsequent to that Contract Quarterly Anniversary, net of any applicable Premium taxes, and adjusted for any partial withdrawals taken subsequent to that Contract Quarterly Anniversary.

Partial withdrawals will affect the quarterly adjusted Contract Value as follows:

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, reduced by the partial withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | Zero. |

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see above), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | Zero. |

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| | | |
|:---|:---|:---|
| **<u>With a Step-up</u> –** | The **GWB** equals the Contract Value, as determined based on the Contract Anniversary Value or the Highest Quarterly Contract Value, **subject to a $10 million maximum**. | The **GWB** equals the Contract Value, as determined based on the Contract Anniversary Value or the Highest Quarterly Contract Value, **subject to a $10 million maximum**. |
| **<u>With a Step-up</u> –** | ● | The GAWA percentage will not be recalculated upon step-ups following spousal continuation if the spouse electing spousal continuation is not a Covered Life. |
| **<u>With a Step-up</u> –** | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: |
| **<u>With a Step-up</u> –** | ● | The GAWA percentage (as adjusted by any increase that occurs pursuant to the same step-up) multiplied by the new GWB, *<u>Or</u>* |
| **<u>With a Step-up</u> –** | ● | The GAWA prior to step-up. |

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**PLEASE NOTE: Withdrawals from the Contract reduce the GWB and Contract Value.**

**The GWB can never be more than $10 million with a step-up.** Upon step-up, the applicable GMWB charge will be reflected in your confirmation.

***GMWB Charge Increase.* On each fifth Contract Anniversary, the GMWB charge may be increased.** You will be notified in advance of a GMWB Charge increase and may elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provision, automatic step-up provision, GWB adjustment, and any other increases to the GWB and GAWA. Such election must be received in Good Order prior to the Contract Anniversary. **Upon such election, no future Premiums will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All requests will be effective on the Contract Anniversary following receipt of the request in Good Order. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a

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charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter. For more information, please see Flex With Joint Option GMWB Charge".

***Owner's Death.*** The Contract's death benefit is not affected by this GMWB <u>so long as Contract Value is greater than zero and the Contract is still in the accumulation phase</u>. Upon the death of the sole Owner of a qualified Contract or the death of either joint Owner of a non-qualified Contract while the Contract is still in force, this GMWB terminates without value, unless continued by the surviving spouse. Please see the information at the beginning of this GMWB Section regarding the required ownership and beneficiary structure under both qualified and non-qualified Contracts when selecting this GMWB.

***Contract Value Is Zero*.** With this GMWB, in the event the Contract Value is zero, the Owner will receive annual payments of the GAWA until the death of the last surviving Covered Life, <u>so long as the For Life Guarantee is in effect</u> and the Contract is still in the accumulation phase. If the For Life Guarantee is not in effect, the Owner will receive annual payments of the GAWA until the earlier of the death of the Owner (or the death of any joint Owner) or the date the GWB, if any, is depleted, so long as the Contract is still in the accumulation phase. The last payment will not exceed the remaining GWB at the time of payment. If the GAWA percentage has not yet been determined, it will be set at the GAWA percentage corresponding to the Designated Life's attained age at the time the Contract Value falls to zero and the GAWA will be equal to the GAWA percentage multiplied to the GWB.

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| | | | |
|:---|:---|:---|:---|
| **<u>After each payment when the Contract Value is zero</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | The GWB before the payment less the payment; *<u>Or</u>* |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | Zero. |
| **<u>After each payment when the Contract Value is zero</u> –** | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. |

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Subject to the Company's approval, you may elect to receive payments more frequently than annually. Upon death of the last surviving Covered Life, all rights under the Contract cease. No subsequent Premium payments will be accepted. All optional endorsements terminate without value and no death benefit is payable.

***Spousal Continuation*.** In the event of the Owner's (or either joint Owner's) death, the surviving sole spousal Beneficiary may elect to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>with</u> this GMWB – so long as Contract Value is greater than zero, and the Contract is still in the accumulation phase. (The date the spousal Beneficiary's election to continue the Contract is in Good Order is called the Continuation Date.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is a Covered Life, then the For Life Guarantee remains effective on and after the Continuation Date.

&nbsp;&nbsp;&nbsp;&nbsp;If the surviving spouse is not a Covered Life, the For Life Guarantee is null and void. However, the surviving spouse will be entitled to make withdrawals until the GWB is exhausted.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ For a surviving spouse who is a Covered Life, continuing the Contract with this GMWB is necessary to be able to fully realize the benefit of the For Life Guarantee. The For Life Guarantee is not a separate guarantee and only applies if the related GMWB has not terminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is a Covered Life and a GWB adjustment provision is in force on the Continuation Date then the provision will continue to apply in accordance with the applicable GWB adjustment provision rules above. The GWB Adjustment Date will continue to be based on the original effective date of the endorsement or the Designated Life's attained age, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;If the surviving spouse is not a Covered Life, any GWB adjustment is null and void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Step-ups will continue as permitted in accordance with the step-up rules above.

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&nbsp;&nbsp;&nbsp;&nbsp;New GAWA percentages will continue to be determined in accordance with the step-up rules above if the continuing spouse is a Covered Life. No such new GAWA percentages will be determined subsequent to continuation by a spouse who is not a Covered Life.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Contract Anniversaries will continue to be based on the Contract's Issue Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is a Covered Life, the GAWA percentage will continue to be calculated and/or recalculated based on the Designated Life's attained age.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is not a Covered Life and if the GAWA percentage has not yet been determined, the GAWA percentage will be based on the Designated Life's attained age on the Continuation Date (as if that person survived to that date).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The Latest Income Date is based on the age of the surviving spouse. Please refer to "Annuitization" subsection below for information regarding the additional Income Options available on the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ A new joint Owner may not be added in a non-qualified Contract if a surviving spouse continues the Contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>without</u> this GMWB (GMWB is terminated) if the surviving spouse is not a Covered Life. Thereafter, no GMWB charge will be assessed. If the surviving spouse is a Covered Life, the Contract cannot be continued without this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Add this GMWB to the Contract on any Contract Anniversary after the Continuation Date, subject to availability, and subject to the Beneficiary's eligibility - if the spousal Beneficiary terminated the GMWB in continuing the Contract.

For more information about spousal continuation of a Contract, please see "Spousal Continuation Option" beginning on page [126](#i6a8c7a642b0f405da7cd588a87395385_259).

***Termination.*** This GMWB terminates, subject to a prorated GMWB Charge assessed for the period since the last monthly charge, and all benefits cease on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Income Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of total withdrawal of Contract Value;

In taking a total withdrawal of your Contract Value, you will receive the Contract Value less any applicable charges and adjustments and not the GWB or the GAWA you would have received under this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of death of the Owner (or any joint Owner), <u>unless</u> the Beneficiary who is the Owner's spouse elects to continue the Contract with the GMWB (continuing the Contract with this GMWB is necessary to be able to fully realize the benefit of the For Life Guarantee if the surviving spouse is a Covered Life);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Continuation Date on a Contract if the spousal Beneficiary, who is not a Covered Life, elects to continue the Contract without the GMWB; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date all obligations for payment under this GMWB are satisfied after the Contract has terminated pursuant to the termination provisions of the Contract.

This GMWB may not otherwise be terminated independently from termination of the Contract.

***Annuitization*.** 

***Joint Life Income of GAWA.*** On the Latest Income Date if the For Life Guarantee is in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. This

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income option provides payments in a fixed dollar amount for the lifetime of last surviving Covered Life. The total annual amount payable will equal the GAWA in effect at the time of election of this option. This annualized amount will be paid in the frequency (no less frequently than annually) that the Owner selects. No further annuity payments are payable after the death of the last surviving Covered Life, and there is no provision for a death benefit payable to the Beneficiary. Therefore, it is possible for only one annuity payment to be made under this Income Option if both Covered Lives die before the due date of the second payment.

If the GAWA percentage has not yet been determined, the GAWA percentage will be based on the Designated Life's attained age at the time of election of this option. The GAWA percentage will not change after election of this option.

***Specified Period Income of the GAWA.*** On the Latest Income Date if the For Life Guarantee is *not* in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. **(This income option only applies if the GMWB has been continued by the spousal Beneficiary and the spousal Beneficiary is not a Covered Life in which case the spouse becomes the Owner of the Contract and the Latest Income Date is based on the age of the spouse.)**

This income option provides payments in a fixed dollar amount for a specific number of years. The actual number of years that payments will be made is determined on the calculation date by dividing the GWB by the GAWA. Upon each payment, the GWB will be reduced by the payment amount, and no payments will be made in excess of the remaining GWB. The annual amount payable will equal the GAWA, except that the last payment may be a smaller amount equal to the then-remaining GWB. This annualized amount will be paid over the specific number of years in the frequency (no less frequently than annually) that the Owner selects. If the Owner should die before the payments have been completed, the remaining payments will be made to the Beneficiary, as scheduled.

The "Specified Period Income of the GAWA" income option may not be available if the Contract is issued as a tax-qualified Contract under Sections 401, 403, 408 or 457 of the Internal Revenue Code. For such Contracts, this income option will only be available if the guaranteed period is less than the life expectancy of the spouse at the time the option becomes effective.

***See "Guaranteed Minimum Withdrawal Benefit General Considerations" and "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [45](#i6a8c7a642b0f405da7cd588a87395385_184) for additional things to consider before electing a GMWB; when electing to annuitize your Contract after having purchased a GMWB; or when the Latest Income Date is approaching and you are thinking about electing or have elected a GMWB.***

***Effect of GMWB on Tax Deferral*.** This GMWB may not be appropriate for Owners who have as a primary objective taking maximum advantage of the tax deferral that is available to them under an annuity contract to accumulate assets. Please consult your tax and financial advisors before adding this GMWB to a Contract.

***Bonus.*** The primary purpose of the bonus is to act as an incentive for you to defer taking withdrawals. A bonus equal to a percentage of the Bonus Base (defined below) will be applied to the GWB at the end of each Contract Year within the Bonus Period (also defined below) if no withdrawals are taken during that Contract Year. The current Bonus percentage options are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical Bonus percentage options, please see "Appendix G (Historical Add-On Benefit Rates)." The percentage that actually applies under your GMWB is the one that is included as the bonus rate in benefit option that you elect. The bonus enables the GWB and GAWA to increase in a given Contract Year (even during a down market relative to your Contract Value allocated to the Investment Divisions). The increase, however, may not equal the amount that your Contract Value has declined. This description of the bonus feature is supplemented by the examples in Appendix D under section "III. Flex GMWB", particularly example 10. The box below has more information about the bonus, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• How the bonus is calculated;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• What happens to the Bonus Base (and bonus) with a withdrawal, Premium payment, and any step-up;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For how long the bonus is available; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• When and what happens when the bonus is applied to the GWB.

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| | |
|:---|:---|
| The bonus equals a percentage of the Bonus Base, determined by the Bonus included in your benefit option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  | The bonus equals a percentage of the Bonus Base, determined by the Bonus included in your benefit option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  |
| ● | <u>When this GMWB is added to the Contract</u>, the Bonus Base equals the GWB. |
| ● | <u>With a withdrawal</u>, if that withdrawal, and all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA and the RMD, as applicable, then the Bonus Base is set to the lesser of the GWB after, and the Bonus Base before, the withdrawal. Otherwise, there is no adjustment to the Bonus Base with withdrawals. |
|  | All withdrawals count, including: automatic withdrawals; RMDs for certain tax-qualified Contracts; withdrawals of asset allocation and advisory fees; and free withdrawals under the Contract. |
|  | A withdrawal in a Contract Year during the Bonus Period (defined below) precludes a bonus for that Contract Year. |
| ● | <u>With a Premium payment</u>, the Bonus Base increases by the amount of the Premium payment net of any applicable Premium taxes. |
| ● | <u>With any step-up</u> **(if the GWB increases upon step-up)**, the Bonus Base is set to the greater of the GWB after, and the Bonus Base before, the step-up.  |
| **The Bonus Base can never be more than $10 million.** | **The Bonus Base can never be more than $10 million.** |
| The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: | The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: |
| ● | The GWB is recalculated, increasing by a percentage of the Bonus Base, determined by the Bonus included in your benefit option election. |
| ● | If the Bonus is applied after the first withdrawal (in a prior year), the GAWA is then recalculated, equaling the greater of the GAWA percentage multiplied by the new GWB or the GAWA before the bonus. |
| Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. | Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. |
| The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.)<br>The Bonus Period ends on the earlier of:  | The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.)<br>The Bonus Period ends on the earlier of:  |
| ● | The tenth Contract Anniversary following (1) the effective date of the endorsement or (2) the most recent increase to the Bonus Base due to a step-up, if later; or |
| ● | The date the Contract Value is zero. |
| The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up. Such a restart, however, will not reinstate any bonus that would have been credited on a prior date that was not within a Bonus Period. | The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up. Such a restart, however, will not reinstate any bonus that would have been credited on a prior date that was not within a Bonus Period. |

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| |
|:---|
| The purpose of the re-start provision is to extend the period of time over which the Owner is eligible to receive a bonus. For example, assume this GMWB was added to a Contract on December 1, 2025. At that time, the bonus period is scheduled to expire on December 1, 2035 (which is the tenth Contract Anniversary following the effective date of the endorsement). If a step-up increasing the Bonus Base occurs on the third Contract Anniversary following the effective date of the endorsement (December 1, 2028), and the Designated Life is younger than age 80, the Bonus Period will re-start and will be scheduled to expire on December 1, 2038. Further, assuming that the next Bonus Base increase due to a step-up does not occur until December 1, 2040 (which is two years after the Bonus Period in this example expired) and that the Designated Life is still younger than age 80 at that time, the Bonus Period would re-start on December 1, 2040, and would be scheduled to expire on December 1, 2050. (Please also see Examples 6 and 7 in Appendix D under section "III. Flex GMWB" for more information regarding the re-start provision.) |
| Spousal continuation of a Contract with this GMWB does not affect the Bonus Period; Contract Anniversaries are based on the Contract's Issue Date. |

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**For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount ("Flex Net GMWB").** 

This Guaranteed Minimum Withdrawal Benefit (GMWB) guarantees the withdrawal of a minimum annual amount for life, regardless of the performance of the underlying investment options, subject to the conditions described below. This benefit may be appropriate for those individuals who are looking for a number of features, within a GMWB, that may offer a higher level of guarantee and who are seeking greater access to earnings to provide more income when the Contract performs well, without negatively impacting the guarantees. By allowing the Owner to add earnings to the amount of otherwise permissible withdrawals, referred to below as the Earnings-Sensitive Adjustment, he or she has the potential to take greater withdrawals and to receive the same after-tax withdrawal amount every Contract Year (assuming a 40% tax rate). Prior to August 28, 2023, this GMWB was called "LifeGuard Freedom Net GMWB".

This GMWB permits, prior to being added to the Contract, the selection of a benefit option that provides a set combination of the following features.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a range of bonus percentage amounts (Current bonus percentage amounts are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical bonus percentages, please see "Appendix G (Historical Add-On Benefit Rates).");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• varying income stream options, which provide for different levels of Guaranteed Annual Withdrawal Amount Percentages (Current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical GAWA percentages, please see "Appendix G (Historical Add-On Benefit Rates)."; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• annual or quarterly Contract Value step-ups (quarterly step-ups are applied annually based on the highest quarterly Contract Value).

The different benefit options are intended to address different investor needs. The combination of features included in the Value benefit option are intended to be the most cost conscious of the benefit options, and generally will include the lowest bonus option and income stream option, coupled with the most conservative step-up option for the lowest cost of the available benefit options. The combination of features in the Core benefit option are intended to provide a higher income stream guarantee when compared to the Value benefit option, offered at a slightly higher cost.

We disclose current availability of benefit options and current underlying combinations of options for each benefit option in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit www.jackson.com/product-literature-4.html.

Each benefit option is associated with a different GMWB charge. Current charge amounts are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit www.jackson.com/product-literature-4.html. For a list of historical charges, please see "Appendix F (Historical Add-On Benefit Charges)".

At the time you purchased your Contract, different option combinations may have been available. See your Contract and Endorsements for the options applicable to your Contract.

The following descriptions of this GMWB's features are supplemented by the examples in Appendix D under section "II. Flex Net". **The guarantees of this GMWB are subject to the endorsement's terms, conditions, and limitations that are explained below.** 

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Please consult the financial professional who is helping you purchase your Contract to be sure that this GMWB ultimately suits your needs.

This GMWB guarantees withdrawals during the Contract's accumulation phase (i.e., before the Income Date), subject to the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is in effect, the guarantee lasts for the lifetime of the Designated Life, or if there are joint Owners, the lifetime of the joint Owner who dies first (the "For Life Guarantee"). For purposes of this GMWB, the Designated Life is the original Owner (or oldest joint Owner) if the Owner is a natural person. If the Owner is a legal entity, the Designated Life is the original Annuitant (or oldest joint Annuitant).

For the Owner that is a legal entity, the guarantee lasts for the lifetime of the Designated Life (or if there are joint Annuitants, the lifetime of the joint Annuitant who dies first).

The For Life Guarantee becomes effective on the Contract Anniversary on or immediately following the Designated Life attaining the age of 59½. If the Designated Life is 59½ years old or older on the endorsement's effective date, then the For Life Guarantee is effective when this GMWB is added to the Contract.

**If the For Life Guarantee is in effect, it will be terminated if a withdrawal exceeds the permissible amounts and reduces the Contract Value to zero.** (Please see the "Contract Value is Zero" subsection below to understand what happens when the Contract Value is reduced to zero.) Otherwise, the For Life Guarantee remains effective until the date this GMWB endorsement is terminated or until the Continuation Date on which this GMWB endorsement is continued under spousal continuation. Please see the "Termination" subsection below to understand under what conditions this GMWB endorsement and, accordingly, the For Life Guarantee can be terminated.

**In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee.** See "Contract Value is Zero" below for more information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is not in effect, the guarantee lasts until the earlier of (1) the date of death of the Owner (or any joint Owner) or (2) the date when all withdrawals under the Contract equal the Guaranteed Withdrawal Balance (GWB), without regard to Contract Value.

The GWB is the guaranteed amount available for future periodic withdrawals.

In the event of the Owner's death, a spousal Beneficiary may continue this GMWB endorsement under spousal continuation. In that event, the GWB is payable until depleted. (Please see the "Spousal Continuation" subsection below for more information.) **If the Beneficiary is a non-spousal Beneficiary, the GWB is void and this endorsement is terminated; therefore, the Owner's death may have a significant negative impact on the value of this GMWB endorsement and cause the endorsement to prematurely terminate.**

There is a limit on withdrawals each Contract Year to keep the guarantees of this GMWB in full effect – the greater of the Guaranteed Annual Withdrawal Amount (GAWA) or, for certain tax-qualified Contracts, the required minimum distribution (RMD), plus the Earnings-Sensitive Adjustments during a Contract Year, if any. Please see "***Withdrawals***" below for more information about the GAWA and Earnings-Sensitive Adjustments. The withdrawals that exceed the limit are referred to as "Excess Withdrawals", as further described below, while those that do not exceed the limit are referred to as "permissible withdrawals" or "permissible amounts."

This GMWB is available to Designated Lives 35 to 80 years old (proof of age is required); may be added to a Contract on the Issue Date or on any Contract Anniversary, subject to availability; and once added cannot be canceled except by a Beneficiary who is the Owner's spouse, who, upon the Owner's death, may elect to continue the Contract without the GMWB. For contracts issued to joint Owners, both Owners must be between 35 to 80 years old. If this GMWB is elected, we allow ownership changes, however the Designated Life cannot be changed. Any provisions referring to the age of a Designated Life apply even if the Designated Life is no

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longer living. When the Owner is a legal entity, changing Annuitants is not allowed. If you are eligible to elect this GMWB after the Contract Issue Date on a Contract Anniversary (subject to availability), we must receive a request in Good Order within 30 calendar days prior to the Contract Anniversary. Availability of this GMWB may be subject to further limitation.

***Guaranteed Withdrawal Balance (***"***GWB***"***).*** The GWB is established for the sole purpose of determining the minimum withdrawal benefit and is not used in calculating your Contract Value or other guaranteed benefits. The GWB depends on when this GMWB is added to the Contract, and the GAWA derives from the GWB.

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –** | &nbsp;&nbsp;The **GWB** equals initial Premium net of any applicable Premium taxes. |
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –** | The **GAWA** is determined based on the Designated Life's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the withdrawal. See the GAWA percentage table below. |

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on any Contract Anniversary, subject to availability</u> –** | &nbsp;&nbsp;The **GWB** equals Contract Value.<br>The **GAWA** is determined based on the Designated Life's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the withdrawal. See the GAWA percentage table below. |

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**The GWB can never be more than $10 million** (including upon step-up, the application of a GWB adjustment or the application of any bonus), and the GWB is reduced by each withdrawal.

***Withdrawals.*** The GAWA percentage and the GAWA are determined at the time of the first withdrawal. The GAWA is equal to the GAWA percentage multiplied by the GWB prior to the withdrawal. The GAWA percentage varies according to age group and the Income Stream Level associated with your selected benefit option, and is determined based on the Designated Life's attained age at the time of the first withdrawal. (In the examples in Appendix C and elsewhere in this prospectus we refer to this varying GAWA percentage structure as the "varying benefit percentage".)

There are two different Income Stream Levels available, depending upon the benefit option you elect, each of which provide different sets of GAWA percentages. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. We reserve the right to prospectively restrict the availability of the benefit options. Therefore, not all GAWA percentages may be available at the time you are interested in electing this GMWB. Please contact your financial professional, or contact us at our Jackson of NY Customer Care Center, for information regarding the current availability of the benefit options and their associated GAWA percentages.

We reserve the right to prospectively change the GAWA percentages, including the age bands, on new GMWB endorsements. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical GAWA percentages.

The GAWA percentages applicable to your benefit will be reflected in your Contract endorsement.

Withdrawals cause the GWB to be recalculated. Withdrawals will also cause the GAWA to be recalculated if the withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or, for certain tax-qualified Contracts only, the RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any. In such case, the recalculation of the GAWA will occur whether or not the For Life Guarantee is in effect. If the GWB is less than the GAWA at the end of any Contract Year and the For Life Guarantee is not in effect, the GAWA will be set equal to the GWB. This may occur, when over time, payment of the guaranteed withdrawals is nearly complete, the For Life Guarantee is not in effect and the GWB has been depleted to a level below the GAWA. The tables below clarify what happens in each instance. (Example 14 in Appendix D under section "II. Flex Net GMWB" demonstrates how withdrawals affect this GMWB's guaranteed values). **In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee. See "Contract Value is Zero" below for more information.**

If cumulative withdrawals during a Contract Year do not exceed the greater of the GAWA or RMD, if applicable, no withdrawal charges will apply to those withdrawals. If any portion of a withdrawal causes the cumulative total of all withdrawals taken during the Contract Year to exceed the greater of the GAWA or RMD, if applicable, withdrawal charges may apply to the portion of the withdrawal defined as an Excess Withdrawal (see below for more information on Excess Withdrawals).

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(RMD denotes the required minimum distribution under the Internal Revenue Code for certain tax-qualified Contracts only. There is no RMD for non-qualified Contracts. For certain tax-qualified Contracts, this GMWB allows withdrawals greater than the GAWA plus the Earnings-Sensitive Adjustments during that Contract Year, if any, to meet the Contract's RMD (when the RMD is higher than the GAWA) without compromising the endorsement's guarantees. Because the intervals for the GAWA and RMDs are different, namely Contract Years versus calendar years, and because RMDs are subject to other conditions and limitations, if your Contract is a tax-qualified Contract, then please see "RMD NOTES" under "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" on page [46](#i6a8c7a642b0f405da7cd588a87395385_187), for more information.)

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| | | |
|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, plus the Earnings- Sensitive Adjustments during that Contract Year, if any</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, plus the Earnings- Sensitive Adjustments during that Contract Year, if any</u> –** | ● | The GWB before the withdrawal less the withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, plus the Earnings- Sensitive Adjustments during that Contract Year, if any</u> –** | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, plus the Earnings- Sensitive Adjustments during that Contract Year, if any</u> –** | The **GAWA** is unchanged. | The **GAWA** is unchanged. |

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The GAWA is **<u>not</u>** reduced if all withdrawals during any one Contract Year do not exceed the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any. The GAWA will be reduced at the end of a Contract Year to equal the GWB if the For Life Guarantee is not in effect and the GWB is nearly depleted, resulting in a GWB that is less than the GAWA. You may withdraw the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any, all at once or throughout the Contract Year. Withdrawing less than the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments, in a Contract Year does not entitle you to withdraw more than the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments, in the next Contract Year. The amount you may withdraw each Contract Year and not cause the GWB and GAWA to be recalculated does not accumulate.

Withdrawing more than the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments, if any, in a Contract Year causes the GWB and GAWA to be recalculated (see below and Example 12c in Appendix D under section "II. Flex Net GMWB"). **In recalculating the GWB, the GWB could be reduced by more than the withdrawal amount. The GAWA will also be reduced. Therefore, please note that withdrawing more than the greater of the GAWA or RMD, as applicable, plus the Earnings-Sensitive Adjustments, if any, in a Contract Year may have a significantly negative impact on the value of this benefit.**

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| | | |
|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, plus the Earnings- Sensitive Adjustments during that Contract Year, if any</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, plus the Earnings- Sensitive Adjustments during that Contract Year, if any</u> –** | ● | The GWB prior to the withdrawal, first reduced dollar-for-dollar for any portion of the withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, plus the Earnings- Sensitive Adjustments during that Contract Year, if any</u> –** | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, plus the Earnings- Sensitive Adjustments during that Contract Year, if any</u> –** | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, plus the Earnings- Sensitive Adjustments during that Contract Year, if any</u> –** | ● | The GAWA prior to the withdrawal is reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal. |

---

The Excess Withdrawal is defined to be the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The total amount of the current withdrawal, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount by which the cumulative withdrawals for the current Contract Year (including the current withdrawal) exceeds the greater of the GAWA or the RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any.

**How the Earnings-Sensitive Adjustment works:** As previously stated, the Earnings-Sensitive Adjustment is an amount that the Owner may be allowed to withdraw each Contract Year **<u>in addition</u>** to the GAWA while keeping the guarantees of this GMWB fully effective. An Earnings-Sensitive Adjustment calculation is done for each withdrawal taken and the amount, if any, depends on the withdrawal amount and the GMWB Earnings at the time of the withdrawal. A withdrawal under the Contract that includes an Earnings-Sensitive Adjustment will reduce Contract Value and other values in the same manner as any other withdrawal.

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When determining the amount of permissible withdrawals, the formula for this GMWB takes into account two additional factors in computing the Earnings-Sensitive Adjustment (the additional permissible amount attributable to earnings) after all the other standard values such as the GAWA and GWB used in all GMWB endorsements are determined. The Guaranteed Withdrawal Balance Adjustment is also determined in the same manner without any special computational factors. Thus, this GMWB is similar to all other GMWBs except with regard to calculating the amount of permissible withdrawals.

The first concept used is the **Maximum Eligible Withdrawal Amount Remaining** (**MEWAR),** which is the maximum withdrawal amount (before the application of any Earnings-Sensitive Adjustment) that is eligible for the Earnings-Sensitive Adjustment at a given time. At any time, the MEWAR is the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Zero; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ the amount of previous Earnings-Sensitive Adjustments in the current Contract Year; plus,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ the greater of the GAWA or the RMD; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ all withdrawals previously made in the current Contract Year, including Earnings-Sensitive Adjustments.

The second concept relates to determining what the eligible earnings (GMWB Earnings) were. This involves a calculation that provides that at any time, **GMWB Earnings** are the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Zero; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Value minus the **GMWB Earnings Determination Baseline**.

The **GMWB Earnings Determination Baseline** is determined as follows**:** The GMWB Earnings Determination Baseline is equal to the Premium, net of any applicable Premium taxes, if elected at issue, or Contract Value if elected after the issue date of the Contract subject to availability.

With each subsequent Premium received after the Contract Issue Date, the GMWB Earnings Determination Baseline is recalculated to equal the GMWB Earnings Determination Baseline prior to the Premium payment plus the amount of the Premium payment, net of any applicable Premium taxes.

With each withdrawal, the GMWB Earnings Determination Baseline is recalculated to equal the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Zero; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• GMWB Earnings Determination Baseline prior to the withdrawal less the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ the withdrawal amount less the GMWB Earnings at the time of the withdrawal; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ zero.

In determining the GMWB Earnings and the GMWB Earnings Determination Baseline, the formulas utilize the greater of zero, which serves to limit negative earnings results from affecting the calculations.

Withdrawals exceeding the permissible amount do not invalidate the For Life Guarantee if the Contract Value remains greater than zero, but cause the GWB and GAWA to be recalculated.

**Earnings-Sensitive Adjustment as applied:** 

If the For Life Guarantee is in effect at the time of the withdrawal, the Earnings-Sensitive Adjustment is equal to the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 40% of the **GMWB Earnings** at the time of the withdrawal; or

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 2/3 of the lesser of the **MEWAR** and the withdrawal amount prior to any Earnings-Sensitive Adjustment.

If the For Life Guarantee is not in effect at the time of the withdrawal, the Earnings-Sensitive Adjustment is equal to the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 40% of the **GMWB Earnings** at the time of withdrawal;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 2/3 of the lesser of the **MEWAR** and the withdrawal amount prior to any Earnings-Sensitive Adjustment; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ zero; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ the GWB less the **MEWAR**.

**Example:** For an example of a contract that makes basic simple assumptions to show how this Earnings-Sensitive Adjustment provision and its various components (i.e., GMWB Earnings, MEWAR, GMWB Earnings Determination Baseline, etc.) work, assume that you request the maximum permissible withdrawal, including an Earnings Sensitive Adjustment, if any. At the time of your withdrawal request, also assume that:

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

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| | |
|:---|:---|
| •&nbsp;&nbsp;&nbsp;&nbsp;You are age 65 | •&nbsp;&nbsp;&nbsp;&nbsp;You have a non-qualified Contract (so there is no applicable RMD) |
| •&nbsp;&nbsp;&nbsp;&nbsp;Your initial Premium payment was $100,000 | •&nbsp;&nbsp;&nbsp;&nbsp;You have not made any additional Premium payments or any |
| •&nbsp;&nbsp;&nbsp;&nbsp;The For Life Guarantee is in effect | &nbsp;&nbsp;&nbsp;&nbsp;withdrawals in the prior Contract Years or the current Contract Year |
| •&nbsp;&nbsp;&nbsp;&nbsp;Your GWB is $100,000 | •&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA percentage is 5% |
| •&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $5,000 | •&nbsp;&nbsp;&nbsp;&nbsp;Your Contract Value is $108,000 |

---

Your GMWB Earnings Determination Baseline prior to the withdrawal is equal to your initial sole Premium payment of $100,000. Since you have not taken other withdrawals and, therefore, there have been no previous Earnings-Sensitive Adjustments during the current Contract Year, the MEWAR is $5,000 (which is the greater of: zero, or the Earnings-Sensitive Adjustments thus far in the current Contract Year ($0) plus the GAWA ($5,000) less all partial withdrawals thus far in the current Contract year ($0) ($0 + $5,000 - $0 = $5,000). As there have been no previous withdrawals taken in the current Contract Year, the MEWAR in this example equals the GAWA.

Your GMWB Earnings in this example are equal to $8,000, which is the greater of: zero, or your Contract Value less your GMWB Earnings Determination Baseline ($108,000 - $100,000 = $8,000). The Earnings-Sensitive Adjustment is equal to $3,200, which is the lesser of two amounts: $3,200, which is equal to 40% of the GMWB Earnings (0.40 \* $8,000 = $3,200); and $3,333, which is equal to 2/3 of the lesser of the MEWAR and the withdrawal amount prior to the Earnings-Sensitive Adjustment (2/3 \* $5,000 = $3,333). The total withdrawal amount requested in this example, therefore, is $8,200, which is the GAWA plus the Earnings-Sensitive Adjustment ($5,000 + $3,200 = $8,200).

**Going forward adjustments are made to your various GMWB values and demonstrated by using the same assumptions as this example.** Your Contract Value after the withdrawal is equal to $99,800, which is the Contract Value prior to the withdrawal less the total withdrawal amount ($108,000 - $8,200 = $99,800). Your GMWB Earnings Determination Baseline after the withdrawal is also equal to $99,800, which is the GMWB Earnings Determination Baseline prior to the withdrawal ($100,000) reduced by the greater of: the withdrawal amount in excess of the GMWB Earnings ($8,200 - $8,000 = $200), or zero. Your MEWAR after the withdrawal is equal to $0, which is the greater of: zero, or the Earnings-Sensitive Adjustments thus far in the current Contract Year plus the GAWA less all withdrawals thus far in the current Contract Year ($3,200 + $5,000 - $8,200 = 0). Your GWB after the withdrawal is equal to $91,800, which is the GWB before the withdrawal less the total withdrawal ($100,000 - $8,200 = $91,800).

Since the total withdrawals for the year do not exceed the GAWA ($5,000) plus the total Earnings-Sensitive Adjustments for the current Contract Year ($3,200), no proportional reduction applies to your GWB for this withdrawal. In addition, since the total withdrawals for the year do not exceed the GAWA ($5,000) plus the total Earnings-Sensitive Adjustments for the current Contract Year ($3,200), your GAWA is unchanged after the withdrawal.

For more examples showing how the Earnings-Sensitive Adjustment provision works, including an example involving an Excess Withdrawal, please see Example 12 in Appendix D under section "II. Flex Net GMWB".

**More on Withdrawals:** Withdrawals under this GMWB are assumed to be the total amount deducted from the Contract Value, including any withdrawal charges, and other charges or adjustments. Any withdrawals from Contract Value allocated to a Fixed

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Account Option may be subject to a Market Value Adjustment. For more information, please see "THE FIXED ACCOUNT" beginning on page [15](#i6a8c7a642b0f405da7cd588a87395385_46). Withdrawals in excess of free withdrawals may be subject to a withdrawal charge.

Withdrawals under this GMWB are considered the same as any other withdrawals for the purposes of calculating any other values under the Contract and any other endorsements (for example, the Contract's death benefit). All withdrawals count toward the total amount withdrawn in a Contract Year, including automatic withdrawals, RMDs for certain tax-qualified Contracts, withdrawals of asset allocation and advisory fees, and free withdrawals under the Contract. They are subject to the same restrictions and processing rules as described in the Contract. They are also treated the same for federal income tax purposes. For more information about tax-qualified and non-qualified Contracts, please see "TAXES" beginning on page [127](#i6a8c7a642b0f405da7cd588a87395385_271).

If the age of the Designated Life is incorrectly stated at the time of election of the GMWB, on the date the misstatement is discovered, the GWB and the GAWA will be recalculated based on the GAWA percentage applicable at the correct age. Any future GAWA percentage recalculation will be based on the correct age. If the age at election of the Designated Life falls outside the allowable age range, the GMWB will be null and void and all GMWB charges will be refunded.

Withdrawals made under section 72(t) or section 72(q) of the Code are **<u>not</u>** considered RMDs for purposes of preserving the guarantees under this GMWB. Such withdrawals that exceed the GAWA will have the same effect as any withdrawal or Excess Withdrawal as described above and, consistent with that description, may cause a significant negative impact to your benefit.

***Guaranteed Withdrawal Balance Adjustment.*** If no withdrawals are taken from the Contract on or prior to the GWB Adjustment Date (as defined below), then you will receive a GWB adjustment. Tax-qualified plan Contract Owners should consider the impact of Required Minimum Distributions on this benefit since any withdrawal from the Contract will void the GWB adjustment.

The GWB Adjustment Date is the later of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversary on or immediately following the Designated Life's 70<sup>th</sup> birthday, *<u>Or</u>*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The 12<sup>th</sup> Contract Anniversary following the effective date of this endorsement.

The GWB adjustment is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• On the effective date of this endorsement, the GWB adjustment is equal to a percentage of the GWB, subject to a maximum of $10,000,000. The current GWB adjustment percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical GWB adjustment percentages, please see "Appendix G (Historical Add-On Benefit Rates)."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received after this GMWB is effective and prior to the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the GWB adjustment percentage of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10,000,000. (See Example 3 in Appendix D under section "II. Flex Net GMWB".)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received on or after the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the amount of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10,000,000. (See Example 3 in Appendix D under section "II. Flex Net GMWB".)

If no withdrawals are taken on or prior to the GWB Adjustment Date, the GWB will be re-set on that date to equal the greater of the current GWB or the GWB adjustment. No adjustments are made to the Bonus Base or the GMWB Earnings Determination Baseline. Once the GWB is re-set, this GWB adjustment provision terminates. In addition, if a withdrawal is taken on or before the GWB Adjustment Date, this GWB adjustment provision terminates without value. (Please see example 11 in Appendix D under section "II. Flex Net GMWB" for an illustration of this GWB adjustment provision.)

------

***Premiums.***

---

| | | | |
|:---|:---|:---|:---|
| **<u>With each subsequent Premium payment on the Contract</u> –** | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  |
| **<u>With each subsequent Premium payment on the Contract</u> –** | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: |
| **<u>With each subsequent Premium payment on the Contract</u> –** | | ● | The GAWA percentage multiplied by the subsequent Premium payment net of any applicable Premium taxes; *<u>Or</u>* |
| **<u>With each subsequent Premium payment on the Contract</u> –** | | ● | The GAWA percentage multiplied by the increase in the GWB – <u>if the maximum GWB is hit</u>. |

---

We require prior approval for a subsequent Premium payment that would result in your Contract having $1 million of Premiums in the aggregate. We also reserve the right to refuse subsequent Premium payments. **The GWB can never be more than $10 million.** See Example 3b in Appendix D under section "II. Flex Net GMWB to see how the GWB is recalculated when the $10 million maximum is hit.

***Step-up.*** On each Contract Anniversary following the effective date of this GMWB, if the Contract Value is greater than the GWB, the GWB will be automatically re-set to the Contract Value by one of two calculation methods. These calculation methods vary depending upon the benefit option you elect, and cannot be changed after the effective date of your GMWB. Under one method, the GWB will be reset to the Contract Value on that Contract Anniversary (the "Contract Anniversary Value"). Under the other method, the GWB will be reset annually on each Contract Anniversary to the highest quarterly Contract Value, as described below ("Highest Quarterly Contract Value"). (See Examples 6 and 7 in Appendix D under section "II. Flex Net GMWB.)

The Contract Anniversary Value method, as opposed to the Highest Quarterly Contract Value method, is determined solely by reference to and use of the Contract Value on that Contract Anniversary.

The Highest Quarterly Contract Value is determined by reference to and use of the Contract Value on the highest of the four prior Contract Quarterly Anniversaries as follows:

The Highest Quarterly Contract Value is equal to the highest of the quarterly adjusted Contract Values from the four most recent Contract Quarterly Anniversaries, including the Contract Anniversary upon which the step-up is determined. The quarterly adjusted Contract Value is equal to the Contract Value on the Contract Quarterly Anniversary, plus any Premium paid subsequent to that Contract Quarterly Anniversary, net of any applicable Premium taxes, and adjusted for any partial withdrawals taken subsequent to that Contract Quarterly Anniversary.

Partial withdrawals will affect the quarterly adjusted Contract Value as follows:

---

| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, reduced by the partial withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | Zero. |

---

---

| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see above), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | Zero. |

---

------

---

| | | |
|:---|:---|:---|
| **<u>With a step-up</u> –** | The **GWB** equals the Contract Value, as determined based on the Contract Anniversary Value or the Highest Quarterly Contract Value (**subject to a $10 million maximum**). | The **GWB** equals the Contract Value, as determined based on the Contract Anniversary Value or the Highest Quarterly Contract Value (**subject to a $10 million maximum**). |
| **<u>With a step-up</u> –** | ● | The GAWA percentage will not be recalculated upon step-ups following spousal continuation. |
| **<u>With a step-up</u> –** | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: |
| **<u>With a step-up</u> –** | ● | The GAWA percentage multiplied by the new GWB, *<u>Or</u>* |
| **<u>With a step-up</u> –** | ● | The GAWA prior to step-up. |

---

**PLEASE NOTE: Withdrawals from the Contract reduce the GWB and Contract Value.**

**The GWB can never be more than $10 million with a step-up.** Upon step-up, the applicable GMWB charge will be reflected in your confirmation.

***GMWB Charge Increase.* On each fifth Contract Anniversary, the GMWB charge may be increased**. You will be notified in advance of a GMWB Charge increase and may elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provision, automatic step-up provision, GWB adjustment, and any other increases to the GWB and GAWA. Such election must be received in Good Order prior to the Contract Anniversary. **Upon such election, no future Premium payments will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All requests will be effective on the Contract Anniversary following receipt of the request in Good Order. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter. For more information, please see "Flex Net GMWB Charge".

***Owner's Death.*** The Contract's death benefit is not affected by this GMWB <u>so long as Contract Value is greater than zero</u> and the Contract is still in the accumulation phase. Upon your death (or the death of any joint Owners) while the Contract is still in force, this GMWB terminates without value, unless continued by the surviving spouse.

***Contract Value Is Zero*.** With this GMWB, in the event the Contract Value is zero, the Owner will receive annual payments of the GAWA until the death of the Designated Life (or the death of any joint Owner), <u>so long as the For Life Guarantee is in effect</u> and the Contract is still in the accumulation phase. The For Life Guarantee will remain in effect if the Contract Value is reduced to zero by adverse investment performance or permissible withdrawals, but will terminate if reduced to zero by an Excess Withdrawal. If the For Life Guarantee is not in effect, the Owner will receive annual payments of the GAWA until the earlier of the death of the Designated Life (or the death of any joint Owner) or the date the GWB, if any, is depleted, so long as the Contract is still in the accumulation phase. The last payment will not exceed the remaining GWB at the time of payment. If the GAWA percentage has not yet been determined, it will be set at the GAWA percentage corresponding to the Designated Life's attained age at the time the Contract Value falls to zero and the GAWA will be equal to the GAWA percentage multiplied to the GWB.

---

| | | | |
|:---|:---|:---|:---|
| **<u>After each payment when the Contract Value is zero</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | The GWB before the payment less the payment; *<u>Or</u>* |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | Zero. |
| **<u>After each payment when the Contract Value is zero</u> –** | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. |

---

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Subject to the Company's approval, you may elect to receive payments more frequently than annually. If you die, all rights under your Contract cease. No subsequent Premium payments will be accepted. All optional endorsements terminate without value and no death benefit is payable.

***Spousal Continuation*.** In the event of the Owner's death (or any joint Owner's death), the Beneficiary who is the Owner's spouse may elect to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>with</u> this GMWB – so long as Contract Value is greater than zero, and the Contract is still in the accumulation phase. (The date the spousal Beneficiary's election to continue the Contract is in Good Order is called the Continuation Date.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Upon the Owner's death, the For Life Guarantee is void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The GWB is only payable while there is value to it (until depleted).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The GWB adjustment provision is void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Step-Ups will continue as permitted in accordance with the step-up rules above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Contract Anniversaries will continue to be based on the Contract's Issue Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the GAWA percentage has not yet been determined, the GAWA percentage will be based on the Designated Life's attained age on the continuation date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The Latest Income Date is based on the age of the surviving spouse. Please refer to "Annuitization" subsection below for information regarding the availability of the "Specified Period Income of the GAWA" option if the GWB has been continued by a spousal Beneficiary upon the death of the original Owner.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>without</u> this GMWB (GMWB is terminated).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Add this GMWB to the Contract on any Contract Anniversary after the Continuation Date, subject to availability, and subject to the Beneficiary's eligibility – <u>if the spousal Beneficiary terminated the GMWB in continuing the Contract</u>.

For more information about spousal continuation of a Contract, please see "Spousal Continuation Option" beginning on page [126](#i6a8c7a642b0f405da7cd588a87395385_259).

***Termination.*** This GMWB terminates subject to a prorated GMWB Charge assessed for the period since the last quarterly or monthly charge and all benefits cease on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Income Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of total withdrawal of Contract Value;

In taking a total withdrawal of your Contract Value, you will receive the Contract Value less any applicable charges and adjustments and not the GWB or the GAWA you would have received under this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of the Owner's death (or any joint Owner's death), <u>unless</u> the Beneficiary who is the Owner's spouse elects to continue the Contract with the GMWB;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Continuation Date if the spousal Beneficiary elects to continue the Contract without the GMWB; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date all obligations under this GMWB are satisfied after the Contract has been terminated.

***Annuitization*.** 

***Life Income of GAWA.*** On the Latest Income Date if the For Life Guarantee is in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. This income

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option provides payments in a fixed dollar amount for the lifetime of the Owner (or, with joint Owners, the lifetime of joint Owner who dies first). The total annual amount payable will equal the GAWA in effect at the time of election of this option. This annualized amount will be paid in the frequency (no less frequently than annually) that the Owner selects. No further annuity payments are payable after the death of the Owner (or the first Owner's death with joint Owners), and there is no provision for a death benefit payable to the Beneficiary. Therefore, it is possible for only one annuity payment to be made under this Income Option if the Owner dies before the due date of the second payment.

If the GAWA percentage has not yet been determined, the GAWA percentage will be based on the Designated Life's attained age at the time of election of this option. The GAWA percentage will not change after election of this option.

***Specified Period Income of the GAWA.*** On the Latest Income Date if the For Life Guarantee is *not* in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. **(This income option only applies if the GMWB has been continued by the spousal Beneficiary upon the death of the original Owner, in which case the spouse becomes the Owner of the Contract and the Latest Income Date is based on the age of the spouse.)**

This income option provides payments in a fixed dollar amount for a specific number of years. The actual number of years that payments will be made is determined on the calculation date by dividing the GWB by the GAWA. Upon each payment, the GWB will be reduced by the payment amount. The total annual amount payable will equal the GAWA but will never exceed the current GWB. This annualized amount will be paid over the specific number of years in the frequency (no less frequently than annually) that the Owner selects. If the Owner should die before the payments have been completed, the remaining payments will be made to the Beneficiary, as scheduled.

The "Specified Period Income of the GAWA" income option may not be available if the Contract is issued to qualify under Sections 401, 403, 408 or 457 of the Internal Revenue Code. For such Contracts, this income option will only be available if the guaranteed period is less than the life expectancy of the spouse at the time the option becomes effective.

***See "Guaranteed Minimum Withdrawal Benefit General Considerations" and "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [45](#i6a8c7a642b0f405da7cd588a87395385_184) for additional things to consider before electing a GMWB; when electing to annuitize your Contract after having purchased a GMWB; or when the Latest Income Date is approaching and you are thinking about electing or have elected a GMWB.***

***Effect of GMWB on Tax Deferral*.** This GMWB may not be appropriate for Owners who have as a primary objective taking maximum advantage of the tax deferral that is available to them under an annuity contract to accumulate assets. Please consult your tax and financial advisors before adding this GMWB to a Contract.

***Bonus.*** The primary purpose of the bonus is to act as an incentive for you to defer taking withdrawals. A bonus equal to a percentage of the Bonus Base (defined below) will be applied to the GWB at the end of each Contract Year within the Bonus Period (also defined below) if no withdrawals are taken during that Contract Year. The current bonus percentage is disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical bonus percentages, please see "Appendix G (Historical Add-On Benefit Rates)." The percentage that actually applies under your GMWB is the one that is included as the bonus rate in the benefit option that you elect. The bonus enables the GWB and GAWA to increase in a given Contract Year (even during a down market relative to your Contract Value allocated to the Investment Divisions). The increase, however, may not equal the amount that your Contract Value has declined. This description of the bonus feature is supplemented by the examples in Appendix D under section "II. Flex Net GMWB, particularly example 10. The box below has more information about the bonus, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• How the bonus is calculated;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• What happens to the Bonus Base (and bonus) with a withdrawal, Premium payment, and any step-up;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For how long the bonus is available; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• When and what happens when the bonus is applied to the GWB.

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| | |
|:---|:---|
| The bonus equals a percentage of the Bonus Base, which is an amount that may vary after this GMWB is added to the Contract, as described immediately below.  | The bonus equals a percentage of the Bonus Base, which is an amount that may vary after this GMWB is added to the Contract, as described immediately below.  |
| ● | <u>When this GMWB is added to the Contract</u>, the Bonus Base equals the GWB. |
| ● | <u>With a withdrawal</u>, if that withdrawal, and all prior withdrawals in the current Contract Year, exceeds the Earnings-Sensitive Adjustments during that Contract Year plus the greater of the GAWA or the RMD, as applicable, then the Bonus Base is set to the lesser of the GWB after, and the Bonus Base before, the withdrawal. Otherwise, there is no adjustment to the Bonus Base with withdrawals. |
|  | All withdrawals count, including: automatic withdrawals; RMDs for certain tax-qualified Contracts; withdrawals of asset allocation and advisory fees; and free withdrawals under the Contract. |
|  | A withdrawal in a Contract Year during the Bonus Period (defined below) precludes a bonus for that Contract Year. |
| ● | <u>With a Premium payment</u>, the Bonus Base increases by the amount of the Premium payment net of any applicable Premium taxes. |
| ● | <u>With any step-up</u> **(if the GWB increases upon step-up)**, the Bonus Base is set to the greater of the GWB after, and the Bonus Base before, the step-up.  |
| **The Bonus Base can never be more than $10 million.** | **The Bonus Base can never be more than $10 million.** |
| The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: | The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: |
| ● | The GWB is recalculated, increasing by a percentage of the Bonus Base. |
| ● | If the Bonus is applied after the first withdrawal (in a prior year), the GAWA is then recalculated, equaling the greater of the GAWA percentage multiplied by the new GWB or the GAWA before the bonus. |
| Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. | Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. |
| The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.)<br>The Bonus Period ends on the earlier of:  | The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.)<br>The Bonus Period ends on the earlier of:  |
| ● | The tenth Contract Anniversary following (1) the effective date of the endorsement or (2) the most recent increase to the Bonus Base due to a step-up, if later; or |
| ● | The date the Contract Value is zero. |
| The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up. | The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up. |

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| |
|:---|
| The purpose of the re-start provision is to extend the period of time over which the Owner is eligible to receive a bonus. For example, assume this GMWB was added to a Contract on December 1, 2025. At that time, the bonus period is scheduled to expire on December 1, 2035 (which is the tenth Contract Anniversary following the effective date of the endorsement). If a step-up increasing the Bonus Base occurs on the third Contract Anniversary following the effective date of the endorsement (December 1, 2028), and the Designated Life is younger than age 80, the Bonus Period will re-start and will be scheduled to expire on December 1, 2038. Further, assuming that the next Bonus Base increase due to a step-up does not occur until December 1, 2040 (which is two years after the Bonus Period in this example expired) and that the Designated Life is still younger than age 80 at that time, the Bonus Period would re-start on December 1, 2040, and would be scheduled to expire on December 1, 2050. (Please also see Examples 8 and 9 in Appendix D under section "II. Flex Net GMWB for more information regarding the re-start provision.) |
| Spousal continuation of a Contract with this GMWB does not affect the Bonus Period; Contract Anniversaries are based on the Contract's Issue Date. |

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**Joint For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount ("Flex Net With Joint Option GMWB").** 

This Guaranteed Minimum Withdrawal Benefit (GMWB) guarantees the withdrawal of a minimum annual amount for the duration of the life of the Owner and the Owner's spouse regardless of the performance of the underlying investment options, subject to the conditions described below. This benefit may be appropriate for those individuals who are looking for a number of features, within a GMWB, that may offer a higher level of guarantee and who are seeking greater access to earnings to provide more income when the Contract performs well, without negatively impacting the guarantees. By allowing the Owner and the Owner's spouse to add earnings to the amount of otherwise permissible withdrawals, referred to below as the Earnings-Sensitive Adjustment, he or she has the potential to take greater withdrawals and to receive the same after-tax withdrawal amount every Contract Year (assuming a 40% tax rate). Prior to August 28, 2023, this GMWB was called "LifeGuard Freedom Net With Joint Option GMWB".

This GMWB permits, prior to being added to the Contract, the selection of a benefit option that provides a set combination of the following features.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a range of bonus percentage amounts (Current bonus percentage amounts are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical bonus percentages, please see "Appendix G (Historical Add-On Benefit Rates).");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• varying income stream options, which provide for different levels of Guaranteed Annual Withdrawal Amount Percentages (Current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical GAWA percentages, please see "Appendix G (Historical Add-On Benefit Rates)."; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• annual or quarterly Contract Value step-ups (quarterly step-ups are applied annually based on the highest quarterly Contract Value).

The different benefit options are intended to address different investor needs. The combination of features included in the Value benefit option are intended to be the most cost conscious of the benefit options, and generally will include the lowest bonus option and income stream option, coupled with the most conservative step-up option for the lowest cost of the available benefit options. The combination of features in the Core benefit option are intended to provide a higher income stream guarantee when compared to the Value benefit option, offered at a slightly higher cost.

We disclose current availability of benefit options and current underlying combinations of options for each benefit option in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit www.jackson.com/product-literature-4.html.

Each benefit option is associated with a different GMWB charge. Current charge amounts are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit www.jackson.com/product-literature-4.html. For a list of historical charges, please see "Appendix F (Historical Add-On Benefit Charges)".

At the time you purchased your Contract, different option combinations may have been available. See your Contract and Endorsements for the options applicable to your Contract.

The following descriptions of this GMWB's features are supplemented by the examples in Appendix D under section "II. Flex Net GMWB. **The guarantees of this GMWB are subject to the endorsement's terms, conditions, and limitations that are explained** 

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**below.** Please consult the financial professional who is helping you purchase your Contract to be sure that this GMWB ultimately suits your needs.

**Except as otherwise discussed below, the election of this GMWB under a non-tax-qualified contract requires the joint Owners to be spouses (as defined under the Internal Revenue Code) and each joint Owner is considered to be a "Covered Life."** In such cases, the Owners can be subsequently changed, however Covered Lives cannot be changed. Upon the death of either joint Owner, the surviving joint Owner will be treated as the primary Beneficiary and all other Beneficiaries will be treated as contingent Beneficiaries. The For Life Guarantee will not apply to these contingent Beneficiaries, as they are not Covered Lives.

This GMWB is available on a limited basis under non-qualified Contracts for certain kinds of legal entities, such as (i) custodial accounts where the spouses are the joint Annuitants and (ii) trusts where the spouses are the sole beneficial Owners and joint Annuitants. In these cases, the spouses are the Covered Lives, and the For Life Guarantee is based on the Annuitant's life who dies last. The Owners can be subsequently changed but no changes of Annuitant are allowed. An Owner should seek the advice of tax counsel before considering an ownership change.

Tax-qualified Contracts cannot be issued to joint Owners and require the Owner and Annuitant to be the same person. Under a tax-qualified Contract, the election of this GMWB requires the Owner and primary Beneficiary to be spouses (as defined in the Internal Revenue Code). The Owner and only the primary spousal Beneficiary named at the election of this GMWB under a tax-qualified Contract will also each be considered a Covered Life, and these Covered Lives cannot be subsequently changed.

In certain circumstances we may permit the elimination of a joint Owner Covered Life or primary spousal Beneficiary Covered Life in the event of divorce. In such cases, new Covered Lives may not be named.

For tax-qualified Contracts, the primary spousal Beneficiary cannot be changed while both the Owner and primary spousal Beneficiary are living. If the Owner dies first, the primary spousal Beneficiary will become the Owner upon spousal continuation and he or she may name a Beneficiary; however, that Beneficiary is not considered a Covered Life. Likewise, if the primary spousal Beneficiary dies first, the Owner may name a new Beneficiary; however, that Beneficiary is also not considered a Covered Life and consequently the For Life Guarantee will not apply to the new Beneficiary.

This GMWB is also available on a limited basis under qualified custodial account contracts, pursuant to which the Annuitant and a Contingent Annuitant named at election of the GMWB must be spouses and will be the Covered Lives.

For both non-qualified and tax-qualified Contracts, this GMWB guarantees withdrawals during the Contract's accumulation phase (i.e., before the Income Date), subject to the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This guarantee lasts for the duration of the life of the last surviving Covered Life (the "For Life Guarantee") if the For Life Guarantee is in effect;

The For Life Guarantee becomes effective on the Contract Anniversary on or immediately following the Designated Life attaining the age of 59½. For purposes of this GMWB, the Designated Life is the youngest Covered Life. If the Designated Life is 59½ years old or older on the endorsement's effective date, then the For Life Guarantee is effective when this GMWB is added to the Contract.

**If the For Life Guarantee is in effect, it will be terminated if a withdrawal exceeds the permissible amounts and reduces the Contract Value to zero.** (Please see the "Contract Value is Zero" subsection below to understand what happens when the Contract Value is reduced to zero.) Otherwise, the For Life Guarantee remains effective until the date this GMWB endorsement is terminated or until the Continuation Date on which a spousal Beneficiary who is not a Covered Life continues this GMWB endorsement under spousal continuation. Please see the "Termination" subsection below to understand under what conditions this GMWB endorsement and, accordingly, the For Life Guarantee can be terminated.

**In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee.** See "Contract Value is Zero" below for more information**.**

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is not in effect, the guarantee lasts until the earlier of (1) the date of the death of the last surviving Covered Life or (2) the date when all withdrawals under the Contract equal the Guaranteed Withdrawal Balance (GWB), without regard to Contract Value.

The GWB is the guaranteed amount available for future periodic withdrawals.

In the event of the last surviving Covered Life's death, a spousal Beneficiary who is not a Covered Life may continue this GMWB endorsement under spousal continuation. In that event, the GWB is payable until depleted. (Please see the "Spousal Continuation" subsection below for more information.) **If the Beneficiary is a non-spousal Beneficiary, the GWB is void and this endorsement is terminated; therefore, the death of the last surviving Covered Life may have a significant negative impact on the value of this GMWB endorsement and cause the endorsement to prematurely terminate.**

There is a limit on withdrawals each Contract Year to keep the guarantees of this GMWB in full effect – the greater of the Guaranteed Annual Withdrawal Amount (GAWA) or, for certain tax-qualified Contracts, the required minimum distribution (RMD), plus the Earnings-Sensitive Adjustments during a Contract Year, if any. Please see "***Withdrawals***" below for more information about the GAWA and Earnings-Sensitive Adjustments. The withdrawals that exceed the limit are referred to as "Excess Withdrawals", as further described below, while those that do not exceed the limit are referred to as "permissible withdrawals" or "permissible amounts."

This GMWB is available to Covered Lives 35 to 80 years old (proof of age is required and both Covered Lives must be within the eligible age range). This GMWB may be added to a Contract on the Issue Date or on any Contract Anniversary, subject to availability; and cannot be canceled except by a spousal Beneficiary who is not a Covered Life, who, upon the Owner's death, may elect to continue the Contract without the GMWB. To continue joint GMWB coverage upon the death of the Owner (or the death of either joint Owner of a non-qualified Contract), provided that the other Covered Life is still living, the Contract must be continued by election of spousal continuation. Upon continuation, the spouse becomes the Owner and obtains all rights as the Owner. If you are eligible to elect this GMWB after the Contract Issue Date on a Contract Anniversary (subject to availability), we must receive a request in Good Order within 30 calendar days prior to the Contract Anniversary. **This GMWB is not available on a Contract that already has a GMWB (only one GMWB per Contract).**

Availability of this GMWB may be subject to further limitation.

***Guaranteed Withdrawal Balance (***"***GWB***"***).*** The GWB is established for the sole purpose of determining the minimum withdrawal benefit and is not used in calculating your Contract Value or other guaranteed benefits. The GWB depends on when this GMWB is added to the Contract, and the GAWA derives from the GWB.

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –** | The **GWB** equals initial Premium net of any applicable Premium taxes. |
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –** | The **GAWA** is determined based on the Designated Life's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the withdrawal.  |

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on any Contract Anniversary, subject to availability</u> –** | &nbsp;&nbsp;The **GWB** equals Contract Value.<br>The **GAWA** is determined based on the Designated Life's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the withdrawal.  |

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**The GWB can never be more than $10 million** (including upon step-up, the application of a GWB adjustment or the application of any bonus), and the GWB is reduced by each withdrawal.

**PLEASE NOTE:** Upon the Owner's death, the For Life Guarantee is void unless this GMWB is continued by a spousal Beneficiary who is a Covered Life. However, it is possible for this GMWB to be continued without the For Life Guarantee by a spousal Beneficiary who is not a Covered Life. Please see the "Spousal Continuation" subsection below for more information.

***Withdrawals.*** The GAWA percentage and the GAWA are determined at the time of the first withdrawal. The GAWA is equal to the GAWA percentage multiplied by the GWB prior to the withdrawal. The GAWA percentage varies according to age group and the Income Stream Level associated with your selected benefit option, and is determined based on the Designated Life's attained age at

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the time of the first withdrawal. (In the examples in Appendix D and elsewhere in this prospectus we refer to this varying GAWA percentage structure as the "varying benefit percentage".)

There are two different Income Stream Levels available, depending upon the benefit option you elect, each of which provide different sets of GAWA percentages. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. We reserve the right to prospectively restrict the availability of the benefit options. Therefore, not all GAWA percentages may be available at the time you are interested in electing this GMWB. Please contact your financial professional, or contact us at our Jackson of NY Customer Care Center, for information regarding the current availability of the benefit options and their associated GAWA percentages.

We reserve the right to prospectively change the GAWA percentages, including the age bands, on new GMWB endorsements. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical GAWA percentages.

The GAWA percentages applicable to your benefit will be reflected in your Contract endorsement.

Withdrawals cause the GWB to be recalculated. Withdrawals will also cause the GAWA to be recalculated if the withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or, for certain tax-qualified Contracts only, the RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any. In such case, the recalculation of the GAWA will occur whether or not the For Life Guarantee is in effect. If the GWB is less than the GAWA at the end of any Contract Year and the For Life Guarantee is not in effect, the GAWA will be set equal to the GWB. This may occur, when over time, payment of the guaranteed withdrawals is nearly complete, the For Life Guarantee is not in effect and the GWB has been depleted to a level below the GAWA. The tables below clarify what happens in each instance. (Example 12 in Appendix D under section "II. Flex Net GMWB demonstrates how withdrawals affect this GMWB's guaranteed values). **In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee. See "Contract Value is Zero" below for more information.**

If cumulative withdrawals during a Contract Year do not exceed the greater of the GAWA or RMD, if applicable, no withdrawal charges will apply to those withdrawals. If any portion of a withdrawal causes the cumulative total of all withdrawals taken during the Contract Year to exceed the greater of the GAWA or RMD, if applicable, withdrawal charges may apply to the portion of the withdrawal defined as an Excess Withdrawal (see below for more information on Excess Withdrawals).

(RMD denotes the required minimum distribution under the Internal Revenue Code for certain tax-qualified Contracts only. There is no RMD for non-qualified Contracts. For certain tax-qualified Contracts, this GMWB allows withdrawals greater than the GAWA plus the Earnings-Sensitive Adjustments during that Contract Year, if any, to meet the Contract's RMD (when the RMD is higher than the GAWA) without compromising the endorsement's guarantees. Because the intervals for the GAWA and RMDs are different, namely Contract Years versus calendar years, and because RMDs are subject to other conditions and limitations, if your Contract is a tax-qualified Contract, then please see "RMD NOTES" under "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" on page [46](#i6a8c7a642b0f405da7cd588a87395385_187), for more information.)

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| | | |
|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any</u> –** | ● | The GWB before the withdrawal less the withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any</u> –** | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any</u> –** | The **GAWA** is unchanged. | The **GAWA** is unchanged. |

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The GAWA is **<u>not</u>** reduced if all withdrawals during any one Contract Year do not exceed the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any. The GAWA will be reduced at the end of a Contract Year to equal the GWB if the For Life Guarantee is not in effect and the GWB is nearly depleted, resulting in a GWB that is less than the GAWA. You may withdraw the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any, all at once or throughout the Contract Year. Withdrawing less than the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments, in a Contract Year does not entitle you to withdraw more than the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments, in the next Contract Year. The amount you may withdraw each Contract Year and not cause the GWB and GAWA to be recalculated does not accumulate.

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Withdrawing more than the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments, if any, in a Contract Year causes the GWB and GAWA to be recalculated (see below and Example 12c in Appendix D under section "II. Flex Net GMWB). **In recalculating the GWB, the GWB could be reduced by more than the withdrawal amount. The GAWA will also be reduced. Therefore, please note that withdrawing more than the greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments, if any in a Contract Year may have a significantly negative impact on the value of this benefit.**

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| | | |
|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the</u> <u>greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any -</u>** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the</u> <u>greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any -</u>** | ● | The GWB prior to the withdrawal, first reduced dollar-for-dollar for any portion of the withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the</u> <u>greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any -</u>** | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the</u> <u>greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any -</u>** | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the</u> <u>greater of the GAWA or RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any -</u>** | ● | The GAWA prior to the withdrawal is reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal. |

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The Excess Withdrawal is defined to be the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The total amount of the current withdrawal, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount by which the cumulative withdrawals for the current Contract Year (including the current withdrawal) exceeds the greater of the GAWA or the RMD, plus the Earnings-Sensitive Adjustments during that Contract Year, if any.

**How the Earnings-Sensitive Adjustment works:** As previously stated, the Earnings-Sensitive Adjustment is an amount that the Owner may be allowed to withdraw each Contract Year **<u>in addition</u>** to the GAWA while keeping the guarantees of this GMWB fully effective. An Earnings-Sensitive Adjustment calculation is done for each withdrawal taken and the amount, if any, depends on the withdrawal amount and the GMWB Earnings at the time of the withdrawal. A withdrawal under the Contract that includes an Earnings-Sensitive Adjustment will reduce Contract Value and other values in the same manner as any other withdrawal.

When determining the amount of permissible withdrawals, the formula for this GMWB takes into account two additional factors in computing the Earnings-Sensitive Adjustment (the additional permissible amount attributable to earnings) after all the other standard values such as the GAWA and GWB used in all GMWB endorsements are determined. The Guaranteed Withdrawal Balance Adjustment is also determined in the same manner without any special computational factors. Thus, this GMWB is similar to all other GMWBs except with regard to calculating the amount of permissible withdrawals.

The first concept used is the **Maximum Eligible Withdrawal Amount Remaining** (**MEWAR),** which is the maximum withdrawal amount (before the application of any Earnings-Sensitive Adjustment) that is eligible for the Earnings-Sensitive Adjustment at a given time. At any time, the MEWAR is the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Zero; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ the amount of previous Earnings-Sensitive Adjustments in the current Contract Year; plus,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ the greater of the GAWA or the RMD; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ all withdrawals previously made in the current Contract Year, including Earnings-Sensitive Adjustments.

The second concept relates to determining what the eligible earnings (GMWB Earnings) were. This involves a calculation that provides that at any time, **GMWB Earnings** are the greater of:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Zero; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Value minus the **GMWB Earnings Determination Baseline**.

The **GMWB Earnings Determination Baseline** is determined as follows**:** The GMWB Earnings Determination Baseline is equal to the Premium, net of any applicable Premium taxes, if elected at issue, or Contract Value if elected after the issue date of this Contract , subject to availability.

With each subsequent Premium received after the Contract Issue Date, the GMWB Earnings Determination Baseline is recalculated to equal the GMWB Earnings Determination Baseline prior to the Premium payment plus the amount of the Premium payment, net of any applicable Premium taxes.

With each withdrawal, the GMWB Earnings Determination Baseline is recalculated to equal the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Zero; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• GMWB Earnings Determination Baseline prior to the withdrawal less the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ the withdrawal amount less the GMWB Earnings at the time of the withdrawal; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ zero.

In determining the GMWB Earnings and the GMWB Earnings Determination Baseline, the formulas utilize the greater of zero, which serves to limit negative earnings results from affecting the calculations.

Withdrawals exceeding the permissible amount do not invalidate the For Life Guarantee if the Contract Value remains greater than zero, but cause the GWB and GAWA to be recalculated.

**Earnings-Sensitive Adjustment as applied:**

If the For Life Guarantee is in effect at the time of the withdrawal, the Earnings-Sensitive Adjustment is equal to the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 40% of the **GMWB Earnings** at the time of the withdrawal; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 2/3 of the lesser of the **MEWAR** and the withdrawal amount prior to any Earnings-Sensitive Adjustment.

If the For Life Guarantee is not in effect at the time of the withdrawal, the Earnings-Sensitive Adjustment is equal to the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 40% of the **GMWB Earnings** at the time of withdrawal;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 2/3 of the lesser of the **MEWAR** and the withdrawal amount prior to any Earnings-Sensitive Adjustment; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ zero; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ the GWB less the **MEWAR**.

**Example:** For an example of a contract that makes basic simple assumptions to show how this Earnings-Sensitive Adjustment provision and its various components (i.e., GMWB Earnings, MEWAR, GMWB Earnings Determination Baseline, etc.) work, assume that you request the maximum permissible withdrawal, including an Earnings Sensitive Adjustment, if any. At the time of your withdrawal request, also assume that:

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

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| | |
|:---|:---|
| •&nbsp;&nbsp;&nbsp;&nbsp;You and your spouse are age 65 | •&nbsp;&nbsp;&nbsp;&nbsp;You have a non-qualified Contract (so there is no applicable RMD) |
| •&nbsp;&nbsp;&nbsp;&nbsp;Your initial Premium payment was $100,000 | •&nbsp;&nbsp;&nbsp;&nbsp;You have not made any additional Premium payments or any |
| •&nbsp;&nbsp;&nbsp;&nbsp;The For Life Guarantee is in effect | &nbsp;&nbsp;&nbsp;&nbsp;withdrawals in the prior Contract Years or the current Contract Year |
| •&nbsp;&nbsp;&nbsp;&nbsp;Your GWB is $100,000 | •&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA percentage is 5% |
| •&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $5,000 | •&nbsp;&nbsp;&nbsp;&nbsp;Your Contract Value is $108,000 |

---

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Your GMWB Earnings Determination Baseline prior to the withdrawal is equal to your initial sole Premium payment of $100,000. Since you have not taken other withdrawals and, therefore, there have been no previous Earnings-Sensitive Adjustments during the current Contract Year, the MEWAR is $5,000 (which is the greater of: zero, or the Earnings-Sensitive Adjustments thus far in the current Contract Year ($0) plus the GAWA ($5,000) less all partial withdrawals thus far in the current Contract year ($0)) ($0 + $5,000 - $0 = $5,000). As there have been no previous withdrawals taken in the current Contract Year, the MEWAR in this example equals the GAWA.

Your GMWB Earnings in this example are equal to $8,000, which is the greater of: zero, or your Contract Value less your GMWB Earnings Determination Baseline ($108,000 - $100,000 = $8,000). The Earnings-Sensitive Adjustment is equal to $3,200, which is the lesser of two amounts: $3,200, which is equal to 40% of the GMWB Earnings (0.40 \* $8,000 = $3,200); and $3,333, which is equal to 2/3 of the lesser of the MEWAR and the withdrawal amount prior to the Earnings-Sensitive Adjustment (2/3 \* $5,000 = $3,333). The total withdrawal amount requested in this example, therefore, is $8,200, which is the MEWAR plus the Earnings-Sensitive Adjustment ($5,000 + $3,200 = $8,200).

**Going forward adjustments are made to your various GMWB values and demonstrated by using the same assumptions as this example.** Your Contract Value after the withdrawal is equal to $99,800, which is the Contract Value prior to the withdrawal less the total withdrawal amount ($108,000 - $8,200 = $99,800). Your GMWB Earnings Determination Baseline after the withdrawal is also equal to $99,800, which is the GMWB Earnings Determination Baseline prior to the withdrawal ($100,000) reduced by the greater of: the withdrawal amount in excess of the GMWB Earnings ($8,200 - $8,000 = $200), or zero. Your MEWAR after the withdrawal is equal to $0, which is the greater of: zero, or the Earnings-Sensitive Adjustments thus far in the current Contract Year plus the GAWA less all withdrawals thus far in the current Contract Year ($3,200 + $5,000 - $8,200 = 0). Your GWB after the withdrawal is equal to $91,800, which is the GWB before the withdrawal less the total withdrawal ($100,000 - $8,200 = $91,800).

Since the total withdrawals for the year do not exceed the total Earnings-Sensitive Adjustments for the current Contract Year ($3,200) plus the GAWA ($5,000), no proportional reduction applies to your GWB for this withdrawal. In addition, since the total withdrawals for the year do not exceed the total Earnings-Sensitive Adjustments for the current Contract Year ($3,200) plus the GAWA ($5,000), your GAWA is unchanged after the withdrawal.

For more examples showing how the Earnings-Sensitive Adjustment provision works, including an example involving an Excess Withdrawal, please see Example 12 in Appendix D under section "II. Flex Net GMWB.

**More on Withdrawals:** Withdrawals under this GMWB are assumed to be the total amount deducted from the Contract Value, including any withdrawal charges, and other charges or adjustments. Any withdrawals from Contract Value allocated to a Fixed Account Option may be subject to a Market Value Adjustment. For more information, please see "The Fixed Account" beginning on page [15](#i6a8c7a642b0f405da7cd588a87395385_46). Withdrawals in excess of free withdrawals may be subject to a withdrawal charge.

Withdrawals under this GMWB are considered the same as any other withdrawals for the purposes of calculating any other values under the Contract and any other endorsements (for example, the Contract's death benefit). All withdrawals count toward the total amount withdrawn in a Contract Year, including automatic withdrawals, RMDs for certain tax-qualified Contracts, withdrawals of asset allocation and advisory fees, and free withdrawals under the Contract. They are subject to the same restrictions and processing rules as described in the Contract. They are also treated the same for federal income tax purposes. For more information about tax-qualified and non-qualified Contracts, please see "TAXES" beginning on page [127](#i6a8c7a642b0f405da7cd588a87395385_271).

If the age of any Covered Life is incorrectly stated at the time of election of the GMWB, on the date the misstatement is discovered, the GWB and the GAWA will be recalculated based on the GAWA percentage applicable at the correct age. Any future GAWA percentage recalculation will be based on the correct age. If the age at election of either Covered Life falls outside the allowable age range, the GMWB will be null and void and all GMWB charges will be refunded.

Withdrawals made under section 72(t) or section 72(q) of the Code are **<u>not</u>** considered RMDs for purposes of preserving the guarantees under this GMWB. Such withdrawals that exceed the GAWA will have the same effect as any withdrawal or excess withdrawal as described above and, consistent with that description, may cause a significant negative impact to your benefit.

***Guaranteed Withdrawal Balance Adjustment.*** If no withdrawals are taken from the Contract on or prior to the GWB Adjustment Date (as defined below), then you will receive a GWB adjustment. Tax-qualified plan Contract Owners should consider the impact of Required Minimum Distributions on this benefit since any withdrawal from the Contract will void the GWB adjustment.

The GWB Adjustment Date is the later of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversary on or immediately following the Designated Life's 70<sup>th</sup> (71<sup>st</sup> for GMWBs issued before August 10, 2020) birthday, *<u>Or</u>*

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The 12<sup>th</sup> Contract Anniversary following the effective date of this endorsement.

The GWB adjustment is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• On the effective date of this endorsement, the GWB adjustment is equal to a percentage of the GWB, subject to a maximum of $10,000,000. The current GWB adjustment percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical GWB adjustment percentages, please see "Appendix G (Historical Add-On Benefit Rates)."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received after this GMWB is effective and prior to the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the GWB adjustment percentage of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10,000,000. (See Example 3 in Appendix D under section "II. Flex Net GMWB".)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received on or after the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the amount of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10,000,000. (See Example 3 in Appendix D under section "II. Flex Net GMWB.)

If no withdrawals are taken on or prior to the GWB Adjustment Date, the GWB will be re-set on that date to equal the greater of the current GWB or the GWB adjustment. No adjustments are made to the Bonus Base or the GMWB Earnings Determination Baseline. Once the GWB is re-set, this GWB adjustment provision terminates. In addition, if a withdrawal is taken on or before the GWB Adjustment Date, this GWB adjustment provision terminates without value. (Please see example 13 in Appendix D under section "II. Flex Net GMWB for an illustration of this GWB adjustment provision.)

***Premiums.***

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| | | | |
|:---|:---|:---|:---|
| **<u>With each subsequent Premium payment on the Contract</u> –**  | &nbsp;&nbsp;The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | &nbsp;&nbsp;The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | &nbsp;&nbsp;The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  |
| **<u>With each subsequent Premium payment on the Contract</u> –**  | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: |
| **<u>With each subsequent Premium payment on the Contract</u> –**  | | ● | The GAWA percentage multiplied by the subsequent Premium payment net of any applicable Premium taxes; *<u>Or</u>* |
| **<u>With each subsequent Premium payment on the Contract</u> –**  | | ● | The GAWA percentage multiplied by the increase in the GWB – <u>if the maximum GWB is hit</u>. |

---

We require prior approval for a subsequent Premium payment that would result in your Contract having $1 million of Premiums in the aggregate. We also reserve the right to refuse subsequent Premium payments. **The GWB can never be more than $10 million.** See Example 3b in Appendix D under section "II. Flex Net GMWB" to see how the GWB is recalculated when the $10 million maximum is hit.

***Step-up.*** On each Contract Anniversary following the effective date of this GMWB, if the Contract Value is greater than the GWB, the GWB will be automatically re-set to the Contract Value by one of two calculation methods. These calculation methods vary depending upon the benefit option you elect, and cannot be changed after the effective date of your GMWB. Under one method, the GWB will be reset to the Contract Value on that Contract Anniversary (the "Contract Anniversary Value"). Under the other method, the GWB will be reset annually on each Contract Anniversary to the highest quarterly Contract Value, as described immediately below ("Highest Quarterly Contract Value"). (See Examples 6 and 7 in Appendix D under section "II. Flex Net GMWB.)

The Contract Anniversary Value method, as opposed to the Highest Quarterly Contract Value method, is determined solely by reference to and use of the Contract Value on that Contract Anniversary.

The Highest Quarterly Contract Value is determined by reference to and use of the Contract Value on the highest of the four prior Contract Quarterly Anniversaries as follows:

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The Highest Quarterly Contract Value is equal to the highest of the quarterly adjusted Contract Values from the four most recent Contract Quarterly Anniversaries, including the Contract Anniversary upon which the step-up is determined. The quarterly adjusted Contract Value is equal to the Contract Value on the Contract Quarterly Anniversary, plus any Premium paid subsequent to that Contract Quarterly Anniversary, net of any applicable Premium taxes, and adjusted for any partial withdrawals taken subsequent to that Contract Quarterly Anniversary.

Partial withdrawals will affect the quarterly adjusted Contract Value as follows:

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, reduced by the partial withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | Zero. |

---

---

| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see above), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | Zero. |

---

---

| | | |
|:---|:---|:---|
| **<u>With a step-up</u> –** | The **GWB** equals the Contract Value, as determined based on the Contract Anniversary Value or the Highest Quarterly Contract Value (**subject to a $10 million maximum**). | The **GWB** equals the Contract Value, as determined based on the Contract Anniversary Value or the Highest Quarterly Contract Value (**subject to a $10 million maximum**). |
| **<u>With a step-up</u> –** | ● | The GAWA percentage will not be recalculated upon step-ups following spousal continuation if the spouse electing spousal continuation is not a Covered Life. |
| **<u>With a step-up</u> –** | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: |
| **<u>With a step-up</u> –** | ● | The GAWA percentage multiplied by the new GWB, *<u>Or</u>* |
| **<u>With a step-up</u> –** | ● | The GAWA prior to step-up. |

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**PLEASE NOTE: Withdrawals from the Contract reduce the GWB and Contract Value.**

**The GWB can never be more than $10 million with a step-up.** Upon step-up, the applicable GMWB charge will be reflected in your confirmation.

***GMWB Charge Increase.* On each fifth Contract Anniversary, the GMWB charge may be increased.** You will be notified in advance of a GMWB Charge increase and may elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provision, automatic step-up provision, GWB adjustment, and any other increases to the GWB and GAWA. Such election must be received in Good Order prior to the Contract Anniversary. **Upon such election, no future Premiums will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All requests will be effective on the Contract Anniversary following receipt of the request in Good Order. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a

------

charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter. For more information, please see "Flex Net With Joint Option GMWB Charge".

***Owner's Death.*** The Contract's death benefit is not affected by this GMWB <u>so long as Contract Value is greater than zero</u> and the Contract is still in the accumulation phase. Upon the death of the sole Owner of a qualified Contract or the death of either joint Owner of a non-qualified Contract while the Contract is still in force, this GMWB terminates without value, unless continued by the surviving spouse. Please see the information at the beginning of this GMWB Section regarding the required ownership and beneficiary structure under both qualified and non-qualified Contracts when selecting this Joint For Life GMWB With Bonus, Annual Step-Up and Earnings-Sensitive Withdrawal Amount benefit.

***Contract Value Is Zero*.** With this GMWB, in the event the Contract Value is zero, the Owner will receive annual payments of the GAWA until the death of the last surviving Covered Life, <u>so long as the For Life Guarantee is in effect</u> and the Contract is still in the accumulation phase. The For Life Guarantee will remain in effect if the Contract Value is reduced to zero by adverse investment performance or permissible withdrawals, but will terminate if reduced to zero by an Excess Withdrawal. If the For Life Guarantee is not in effect, the Owner will receive annual payments of the GAWA until the earlier of the death of the Owner (or the death of any joint Owner) or the date the GWB, if any, is depleted, so long as the Contract is still in the accumulation phase. The last payment will not exceed the remaining GWB at the time of payment. If the GAWA percentage has not yet been determined, it will be set at the GAWA percentage corresponding to the Designated Life's attained age at the time the Contract Value falls to zero and the GAWA will be equal to the GAWA percentage multiplied to the GWB.

---

| | | | |
|:---|:---|:---|:---|
| **<u>After each payment when the Contract Value is zero</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | The GWB before the payment less the payment; *<u>Or</u>* |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | Zero. |
| **<u>After each payment when the Contract Value is zero</u> –** | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. |

---

Subject to the Company's approval, you may elect to receive payments more frequently than annually. Upon death of the last surviving Covered Life, all rights under the Contract cease. No subsequent Premium payments will be accepted. All optional endorsements terminate without value and no death benefit is payable.

***Spousal Continuation*.** In the event of the Owner's (or either joint Owner's) death, the surviving sole spousal Beneficiary may elect to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>with</u> this GMWB – so long as Contract Value is greater than zero, and the Contract is still in the accumulation phase. (The date the spousal Beneficiary's election to continue the Contract is in Good Order is called the Continuation Date.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is a Covered Life, then the For Life Guarantee remains effective on and after the Continuation Date.

&nbsp;&nbsp;&nbsp;&nbsp;If the surviving spouse is not a Covered Life, the For Life Guarantee is null and void. However, the surviving spouse will be entitled to make withdrawals until the GWB is exhausted.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ For a surviving spouse who is a Covered Life, continuing the Contract with this GMWB is necessary to be able to fully realize the benefit of the For Life Guarantee. The For Life Guarantee is not a separate guarantee and only applies if the related GMWB has not terminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is a Covered Life and a GWB adjustment provision is in force on the continuation date then the provision will continue to apply in accordance with the applicable GWB adjustment provision rules above. The GWB Adjustment Date will continue to be based on the original effective date of the endorsement or the Designated Life's attained age, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;If the surviving spouse is not a Covered Life, any GWB adjustment is null and void.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Step-Ups will continue as permitted in accordance with the step-up rules above.

&nbsp;&nbsp;&nbsp;&nbsp;New GAWA percentages will continue to be determined in accordance with the step-up rules above if the continuing spouse is a Covered Life. No such new GAWA percentages will be determined subsequent to continuation by a spouse who is not a Covered Life.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Contract Anniversaries will continue to be based on the Contract's Issue Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is a Covered Life, the GAWA percentage will continue to be calculated and/or recalculated based on the Designated Life's attained age.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is not a Covered Life and if the GAWA percentage has not yet been determined, the GAWA percentage will be based on the Designated Life's attained age on the continuation date. The GAWA percentage will not change on future step-ups.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The Latest Income Date is based on the age of the surviving spouse. Please refer to "Annuitization" subsection below for information regarding the additional Income Options available on the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ A new joint Owner may not be added in a non-qualified Contract if a surviving spouse continues the Contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>without</u> this GMWB (GMWB is terminated) if the surviving spouse is not a Covered Life. Thereafter, no GMWB charge will be assessed. If the surviving spouse is a Covered Life, the Contract cannot be continued without this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Add this GMWB to the Contract on any Contract Anniversary after the Continuation Date, subject to availability, and subject to the Beneficiary's eligibility - if the spousal Beneficiary terminated the GMWB in continuing the Contract.

For more information about spousal continuation of a Contract, please see "Spousal Continuation Option" beginning on page [126](#i6a8c7a642b0f405da7cd588a87395385_259).

***Termination.*** This GMWB terminates subject to a prorated GMWB Charge assessed for the period since the last quarterly or monthly charge and all benefits cease on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Income Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of total withdrawal of Contract Value;

In taking a total withdrawal of your Contract Value, you will receive the Contract Value less any applicable charges and adjustments and not the GWB or the GAWA you would have received under this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of death of the Owner (or either joint Owner), <u>unless</u> the Beneficiary who is the Owner's spouse elects to continue the Contract with the GMWB (continuing the Contract with this GMWB is necessary to be able to fully realize the benefit of the For Life Guarantee if the surviving spouse is a Covered Life);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Continuation Date on a Contract if the spousal Beneficiary, who is not a Covered Life, elects to continue the Contract without the GMWB; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date all obligations under this GMWB are satisfied after the Contract has been terminated.

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***Annuitization*.** 

***Joint Life Income of GAWA.*** On the Latest Income Date if the For Life Guarantee is in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. This income option provides payments in a fixed dollar amount for the lifetime of last surviving Covered Life. The total annual amount payable will equal the GAWA in effect at the time of election of this option. This annualized amount will be paid in the frequency (no less frequently than annually) that the Owner selects. No further annuity payments are payable after the death of the last surviving Covered Life, and there is no provision for a death benefit payable to the Beneficiary. Therefore, it is possible for only one annuity payment to be made under this Income Option if both Covered Lives die before the due date of the second payment.

If the GAWA percentage has not yet been determined, the GAWA percentage will be based on the Designated Life's attained age at the time of election of this option. The GAWA percentage will not change after election of this option.

***Specified Period Income of the GAWA.*** On the Latest Income Date if the For Life Guarantee is *not* in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. **(This income option only applies if the GMWB has been continued by the spousal Beneficiary and the spousal Beneficiary is not a Covered Life in which case the spouse becomes the Owner of the Contract and the Latest Income Date is based on the age of the spouse.)**

This income option provides payments in a fixed dollar amount for a specific number of years. The actual number of years that payments will be made is determined on the calculation date by dividing the GWB by the GAWA. Upon each payment, the GWB will be reduced by the payment amount. The total annual amount payable will equal the GAWA but will never exceed the current GWB. This annualized amount will be paid over the specific number of years in the frequency (no less frequently than annually) that the Owner selects. If the Owner should die before the payments have been completed, the remaining payments will be made to the Beneficiary, as scheduled.

The "Specified Period Income of the GAWA" income option may not be available if the Contract is issued to qualify under Sections 401, 403, 408 or 457 of the Internal Revenue Code. For such Contracts, this income option will only be available if the guaranteed period is less than the life expectancy of the spouse at the time the option becomes effective.

***See "Guaranteed Minimum Withdrawal Benefit General Considerations" and "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [45](#i6a8c7a642b0f405da7cd588a87395385_184) for additional things to consider before electing a GMWB; when electing to annuitize your Contract after having purchased a GMWB; or when the Latest Income Date is approaching and you are thinking about electing or have elected a GMWB.***

***Effect of GMWB on Tax Deferral*.** This GMWB may not be appropriate for Owners who have as a primary objective taking maximum advantage of the tax deferral that is available to them under an annuity contract to accumulate assets. Please consult your tax and financial advisors before adding this GMWB to a Contract.

***Bonus.*** The primary purpose of the bonus is to act as an incentive for you to defer taking withdrawals. A bonus equal to a percentage of the Bonus Base (defined below) will be applied to the GWB at the end of each Contract Year within the Bonus Period (also defined below) if no withdrawals are taken during that Contract Year. The current bonus percentage is disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical bonus percentages, please see "Appendix G (Historical Add-On Benefit Rates)." The percentage that actually applies under your GMWB is the one that is included as the bonus rate in the benefit option that you elect. The bonus enables the GWB and GAWA to increase in a given Contract Year (even during a down market relative to your Contract Value allocated to the Investment Divisions). The increase, however, may not equal the amount that your Contract Value has declined. This description of the bonus feature is supplemented by the examples in Appendix D under section "II. Flex Net GMWB", particularly example 10. The box below has more information about the bonus, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• How the bonus is calculated;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• What happens to the Bonus Base (and bonus) with a withdrawal, Premium payment, and any step-up;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For how long the bonus is available; and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• When and what happens when the bonus is applied to the GWB.

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| | |
|:---|:---|
| The bonus equals a percentage of the Bonus Base, which is an amount that may vary after this GMWB is added to the Contract, as described immediately below.  | The bonus equals a percentage of the Bonus Base, which is an amount that may vary after this GMWB is added to the Contract, as described immediately below.  |
| ● | <u>When this GMWB is added to the Contract</u>, the Bonus Base equals the GWB. |
| ● | <u>With a withdrawal</u>, if that withdrawal, and all prior withdrawals in the current Contract Year, exceeds the Earnings-Sensitive Adjustments during that Contract Year plus the greater of the GAWA or the RMD, as applicable, then the Bonus Base is set to the lesser of the GWB after, and the Bonus Base before, the withdrawal. Otherwise, there is no adjustment to the Bonus Base with withdrawals. |
|  | All withdrawals count, including: automatic withdrawals; RMDs for certain tax-qualified Contracts; withdrawals of asset allocation and advisory fees; and free withdrawals under the Contract. |
|  | A withdrawal in a Contract Year during the Bonus Period (defined below) precludes a bonus for that Contract Year. |
| ● | <u>With a Premium payment</u>, the Bonus Base increases by the amount of the Premium payment net of any applicable Premium taxes. |
| ● | <u>With any step-up</u> **(if the GWB increases upon step-up)**, the Bonus Base is set to the greater of the GWB after, and the Bonus Base before, the step-up.  |
| **The Bonus Base can never be more than $10 million.** | **The Bonus Base can never be more than $10 million.** |
| The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: | The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: |
| ● | The GWB is recalculated, increasing by a percentage of the Bonus Base. |
| ● | If the Bonus is applied after the first withdrawal (in a prior year), the GAWA is then recalculated, equaling the greater of the GAWA percentage multiplied by the new GWB or the GAWA before the bonus. |
| Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. | Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. |
| The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.)<br>The Bonus Period ends on the earlier of:  | The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.)<br>The Bonus Period ends on the earlier of:  |
| ● | The tenth Contract Anniversary following (1) the effective date of the endorsement or (2) the most recent increase to the Bonus Base due to a step-up, if later; or |
| ● | The date the Contract Value is zero. |
| The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up. | The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up. |

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| |
|:---|
| The purpose of the re-start provision is to extend the period of time over which the Owner is eligible to receive a bonus. For example, assume this GMWB was added to a Contract on December 1, 2025. At that time, the bonus period is scheduled to expire on December 1, 2035 (which is the tenth Contract Anniversary following the effective date of the endorsement). If a step-up increasing the Bonus Base occurs on the third Contract Anniversary following the effective date of the endorsement (December 1, 2028), and the Designated Life is younger than age 80, the Bonus Period will re-start and will be scheduled to expire on December 1, 2038. Further, assuming that the next Bonus Base increase due to a step-up does not occur until December 1, 2040 (which is two years after the Bonus Period in this example expired) and that the Designated Life is still younger than age 80 at that time, the Bonus Period would re-start on December 1, 2040, and would be scheduled to expire on December 1, 2050. (Please also see Examples 6 and 7 in Appendix D under section "II. Flex Net GMWB" for more information regarding the re-start provision.) |
| Spousal continuation of a Contract with this GMWB does not affect the Bonus Period; Contract Anniversaries are based on the Contract's Issue Date. |

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**For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits And Annual Step-Up ("LifeGuard Freedom Accelerator GMWB").**

**PLEASE NOTE: EFFECTIVE AUGUST 28, 2023, THIS ENDORSEMENT IS NO LONGER AVAILABLE FOR ELECTION.**

This Guaranteed Minimum Withdrawal Benefit (GMWB) guarantees the withdrawal of a minimum annual amount for life, regardless of the performance of the underlying investment options, subject to the conditions described below. This benefit may be appropriate for those individuals who are looking for opportunities for growth to increase the annual withdrawal amount and who are seeking flexibility to start and stop withdrawals, without negatively impacting the guarantees.

The following descriptions of this GMWB's features are supplemented by the examples in Appendix D under section "V. LifeGuard Freedom Accelerator". **The guarantees of this GMWB are subject to the endorsement's terms, conditions, and limitations that are explained below.** Please consult the financial professional who is helping you purchase your Contract to be sure that this GMWB ultimately suits your needs.

This GMWB guarantees partial withdrawals during the Contract's accumulation phase (i.e., before the Income Date), subject to the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is in effect, the guarantee lasts for the lifetime of the Designated Life, or if there are joint Owners, the lifetime of the joint Owner who dies first (the "For Life Guarantee"). For purposes of this GMWB, the Designated Life is the original Owner (or oldest joint Owner) if the Owner is a natural person. If the Owner is a legal entity, the Designated Life is the original Annuitant (or oldest joint Annuitant).

For the Owner that is a legal entity, the guarantee lasts for the lifetime of the Designated Life (or if there are joint Annuitants, the lifetime of the joint Annuitant who dies first).

The For Life Guarantee becomes effective on the Contract Anniversary on or immediately following the Designated Life attaining the age of 59½. If the Designated Life is 59½ years old or older on the endorsement's effective date, then the For Life Guarantee is effective when this GMWB is added to the Contract.

**If the For Life Guarantee is in effect, it will be terminated if a withdrawal exceeds the permissible amounts and reduces the Contract Value to zero.** (Please see the "Contract Value is Zero" subsection below to understand what happens when the Contract Value is reduced to zero.) Otherwise, the For Life Guarantee remains effective until the date this GMWB endorsement is terminated or until the Continuation Date on which this GMWB endorsement is continued under spousal continuation. Please see the "Termination" subsection below to understand under what conditions this GMWB endorsement and, accordingly, the For Life Guarantee can be terminated.

**In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee.** See "Contract Value is Zero" below for more information.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is not in effect, the guarantee lasts until the earlier of (1) the date of death of the Owner (or any joint Owner) or (2) the date when all withdrawals under the Contract equal the Guaranteed Withdrawal Balance (GWB), without regard to Contract Value.

The GWB is the guaranteed amount available for future periodic withdrawals.

In the event of the Owner's death, a spousal Beneficiary may continue this GMWB endorsement under spousal continuation. In that event, the GWB is payable until depleted. (Please see the "Spousal Continuation" subsection below for more information.) If the Beneficiary is a non-spousal Beneficiary, the GWB is void and this endorsement is terminated; therefore, the Owner's death may have a significant negative impact on the value of this GMWB endorsement and cause the endorsement to prematurely terminate.

This GMWB is available to Designated Lives 45 to 80 years old, or 45 to 75 years old if you select the Option combination that includes the LifeGuard Freedom Accelerator DB NY, (proof of age is required). This GMWB may be added to a Contract on the Issue Date or on any Contract Anniversary, subject to availability. Please note, while this GMWB may be added to a Contract on any Contract Anniversary (subject to availability), the LifeGuard Freedom Accelerator DB NY is not available after issue and can only be added on the Issue Date. Once added, this GMWB cannot be canceled except by a Beneficiary who is the Owner's spouse, who, upon the Owner's death, may elect to continue the Contract without the GMWB. For contracts issued to joint Owners, both Owners must be between 45 to 80 years old, or 45-75 years old if you select the Option combination that includes the LifeGuard Freedom Accelerator DB. If you are eligible to elect this GMWB after the Contract Issue Date on a Contract Anniversary (subject to availability), we must receive a request in Good Order within 30 calendar days prior to the Contract Anniversary. Availability of this GMWB may be subject to further limitation.

We allow ownership changes of a Contract with this GMWB. However, the Designated Life may not be changed. Any provisions referring to the age of a Designated Life apply even if the Designated Life is no longer living. When the Owner is a legal entity, changing Annuitants is not allowed.

There is a limit on withdrawals each Contract Year to keep the guarantees of this GMWB in full effect - the greater of the Guaranteed Annual Withdrawal Amount (GAWA) and for certain tax-qualified Contracts, the required minimum distribution (RMD) under the Internal Revenue Code. Withdrawals exceeding the limit do not invalidate the For Life Guarantee, but cause the GWB and GAWA to be recalculated. Please see "***Guaranteed Withdrawal Balance"*** and "***Withdrawals***" below for more information about the GWB and GAWA.

***Guaranteed Withdrawal Balance ("GWB").*** The GWB depends on when this GMWB is added to the Contract, and the GAWA derives from the GWB.

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| | |
|:---|:---|
| **<u>When this GMWB is added</u>** <br>**<u>to the Contract on the Issue Date</u> –** | &nbsp;&nbsp;The **GWB** equals initial Premium net of any applicable Premium taxes. |
| **<u>When this GMWB is added</u>** <br>**<u>to the Contract on the Issue Date</u> –** | The **GAWA** is determined based on the Designated Life's age on the effective date of this GMWB and equals GAWA percentage multiplied by the GWB. |

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| | |
|:---|:---|
| **<u>When this GMWB is added</u>** <br>**<u>to the Contract on any Contract Anniversary, subject to availability</u> –** | &nbsp;&nbsp;The **GWB** equals Contract Value.<br>The **GAWA** is determined based on the Designated Life's age on the effective date of this GMWB and equals the GAWA percentage multiplied by the GWB.  |

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**The GWB can never be more than $10 million** (including upon step-up, or the application of any deferral credits), and the GWB is reduced by each withdrawal.

**PLEASE NOTE:** Upon the death of the Designated Life, or in the case of joint Owners, the death of the first joint Owner, the For Life Guarantee is void. However, this GMWB might be continued by a spousal Beneficiary without the For Life Guarantee. Please see the "Spousal Continuation" subsection below for more information. If the For Life Guarantee is not in effect, upon the death of the Owner or the death of any joint Owner or the depletion of the GWB, all payments will cease and spousal continuation is not available.

***Withdrawals.*** The GAWA is equal to the GAWA percentage multiplied by the GWB. At the end of each Contract Year during the Deferral Credit Period, if no partial withdrawals are taken that year, the GAWA percentage will be recalculated by adding the Deferral Credit percentage to the GAWA percentage. The starting GAWA percentage and the Deferral Credit percentage vary according to age

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group and are determined based on the Designated Life's age on the effective date of this GMWB. The current starting GAWA percentages and Deferral Credit percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical starting GAWA percentages and Deferral Credit percentages.

We reserve the right to prospectively change the starting GAWA percentages and Deferral Credit percentages, including the age bands, on new GMWB endorsements. The current starting GAWA percentages and Deferral Credit percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical starting GAWA percentages and Deferral Credit percentages. If we change the starting GAWA percentages or Deferral Credit percentages described above, we will follow these procedures:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• When we issue your Contract we will deliver a copy of the prospectus that includes the notice of change of starting GAWA percentages or Deferral Credit percentages in the form of a Rate Sheet Prospectus Supplement to you. You will have until the end of the Free Look period to cancel your Contract and this GMWB by returning the Contract to us pursuant to the provisions of the Free Look section (please see "Free Look" on page [132](#i6a8c7a642b0f405da7cd588a87395385_343)).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If you are an existing Owner and are eligible to elect this GMWB after the Issue Date, at the time we change the starting GAWA percentages or Deferral Credit percentages, we will send you the notice of change of starting GAWA percentages or Deferral Credit percentages in the form of a Rate Sheet Prospectus Supplement. If you later elect this GMWB, when we receive your election, we will send you the required endorsement with a duplicate notice of change of starting GAWA percentages or Deferral Credit percentages. You will have 30 days after receiving the notice to cancel your election of this GMWB by returning the endorsement to us.

In each case, the actual starting GAWA percentages and Deferral Credit percentages will be reflected in your Contract endorsement.

In connection with a change of starting GAWA percentages or Deferral Credit percentages, as described above, we may continue to offer the existing starting GAWA percentages or Deferral Credit percentages, in effect prior to the change, as an Optional starting GAWA% and Deferral Credit% table at an increased charge. The increased charge for this GMWB will not be greater than the maximum annual charge shown in the charge tables, which in no event exceeds 3.00%. For the charges for each GMWB, please see the section for the applicable GMWB appearing under "Contract Charges" beginning on page [24](#i6a8c7a642b0f405da7cd588a87395385_64). Also, please see the *"Optional Benefit Charges"* table under the "FEES AND EXPENSES TABLES" beginning on page [10](#i09b2a041f76c479db55034edb2cfb182_0-0-1-1-160685). The Optional starting GAWA% and Deferral Credit% table will maintain the starting GAWA percentages and Deferral Credit percentages for each age group that were available before the change as reflected in the Rate Sheet Prospectus Supplement that was applicable at the time you purchased your Contract. If we offer the Optional starting GAWA% and Deferral Credit% table, the notice of change in the form of a prospectus update, that will be delivered to you, will describe both the change to the starting GAWA percentages and Deferral Credit percentages, and the Optional starting GAWA% and Deferral Credit% table and related charges. We reserve the right to prospectively change the starting GAWA percentages and Deferral Credit percentages in the Optional starting GAWA% and Deferral Credit% table, including the age bands, on new GMWB endorsements subject to the notices and procedures described above.

Withdrawals cause the GWB to be recalculated. Withdrawals will also cause the GAWA to be recalculated if the withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or, for certain tax-qualified Contracts only, the RMD (if greater than the GAWA). In such case, the recalculation of the GAWA will occur whether or not the For Life Guarantee is in effect. If the GWB is less than the GAWA at the end of any Contract Year and the For Life Guarantee is not in effect, the GAWA will be set equal to the GWB. This may occur, when over time, payment of the guaranteed withdrawals is nearly complete, the For Life Guarantee is not in effect and the GWB has been depleted to a level below the GAWA. The tables below clarify what happens in each instance. (RMD denotes the required minimum distribution under the Internal Revenue Code for certain tax-qualified Contracts only. There is no RMD for non-qualified Contracts.)

In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee <u>and it will never become effective</u>. See "Contract Value is Zero" below for more information.

For certain tax-qualified Contracts, this GMWB allows withdrawals greater than the GAWA to meet the Contract's RMD without compromising the endorsement's guarantees. Examples 4 and 5 in Appendix D under section "V. LifeGuard Freedom Accelerator" supplement this description. Because the intervals for the GAWA and RMDs are different, namely Contract Years versus calendar years, and because RMDs are subject to other conditions and limitations, if your Contract is a tax-qualified Contract, please see "RMD NOTES" under "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" on page [46](#i6a8c7a642b0f405da7cd588a87395385_187), for more information.)

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable -</u>** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable -</u>** | | • | The GWB before the withdrawal less the withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable -</u>** | | • | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable -</u>** | The **GAWA** is unchanged. | The **GAWA** is unchanged. | The **GAWA** is unchanged. |

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The GAWA is **<u>not</u>** reduced if all withdrawals during any one Contract Year do not exceed the greater of the GAWA or RMD, as applicable. The GAWA will be reduced at the end of a Contract Year to equal the GWB if the For Life Guarantee is not in effect and the GWB is nearly depleted, resulting in a GWB that is less than the GAWA. You may withdraw the greater of the GAWA or RMD, as applicable, all at once or throughout the Contract Year. Withdrawing less than the greater of the GAWA or RMD, as applicable, in a Contract Year does not entitle you to withdraw more than the greater of the GAWA or RMD, as applicable, in the next Contract Year. The amount you may withdraw each Contract Year and not cause the GWB and GAWA to be recalculated does not accumulate.

Withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year causes the GWB and GAWA to be recalculated (see below and Example 5 in Appendix D under section "V. LifeGuard Freedom Accelerator"). **In recalculating the GWB, the GWB could be reduced by more than the withdrawal amount. The GAWA will also be reduced. Therefore, please note that withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year may have a significantly negative impact on the value of this benefit.**

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable -</u>** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable -</u>** | | • | The GWB prior to the withdrawal, first reduced dollar-for-dollar for any portion of the withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable -</u>** | | • | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable -</u>** | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable -</u>** | | • | The GAWA prior to the withdrawal is reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal. |

---

The Excess Withdrawal is defined to be the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The total amount of the current withdrawal, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount by which the cumulative withdrawals for the current Contract Year (including the current withdrawal) exceeds the greater of the GAWA or the RMD, as applicable.

**How Deferral Credits work:** Each Contract Year during the Deferral Credit Period in which you do not take withdrawals, you may earn Deferral Credits, which increase your GAWA percentage, and thus, your GAWA. The Deferral Credit percentage is the percentage added to the GAWA percentage at the end of each Contract Year during the Deferral Credit Period if no withdrawals were taken during that Contract Year. The Deferral Credit percentage is based on the Designated Life's age on the effective date of this GMWB and does not change after the effective date. The Deferral Credit Period is the period during which you are eligible for Deferral Credits.

Each time a Deferral Credit is applied, the GAWA percentage is recalculated to equal the previous GAWA percentage plus the Deferral Credit percentage. If the Deferral Credit is applied after the GAWA has been determined, the GAWA is recalculated and is equal to the greater of the GAWA percentage multiplied by the new GWB, *or* the GAWA prior to the Deferral Credit.

The Deferral Credit Period begins on the effective date of this GMWB, and ends on the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversary on which you elect to opt out of the current and any future GMWB charge increases;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The 15<sup>th</sup> Contract Anniversary following the effective date of this GMWB;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversary on or immediately following the Designated Life's 90<sup>th</sup> birthday;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date the Contract Value falls to zero for any reason; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date the Life Income of the GAWA Option is elected.

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**More on Withdrawals:** Withdrawals under this GMWB are assumed to be the total amount deducted from the Contract Value, including any asset allocation fees, and other charges or adjustments. Any withdrawals from Contract Value allocated to a Fixed Account Option may be subject to a Market Value Adjustment. For more information, please see "THE FIXED ACCOUNT" beginning on page [15](#i6a8c7a642b0f405da7cd588a87395385_46).

Withdrawals under this GMWB are considered the same as any other partial withdrawals for the purposes of calculating any other values under the Contract and any other endorsements (for example, the Contract's death benefit). All withdrawals count toward the total amount withdrawn in a Contract Year, including automatic withdrawals, RMDs for certain tax-qualified Contracts, withdrawals of asset allocation and advisory fees under the Contract. They are subject to the same restrictions and processing rules as described in the Contract. They are also treated the same for federal income tax purposes. For more information about tax-qualified and non-qualified Contracts, please see "TAXES" beginning on page [127](#i6a8c7a642b0f405da7cd588a87395385_271).

If the age of the Designated Life is incorrectly stated at the time of election of the GMWB, on the date the misstatement is discovered, the GWB and the GAWA will be recalculated based on the GAWA percentage applicable at the correct age. Any future GAWA percentage recalculation will be based on the correct age. If the age at election of the Designated Life falls outside the allowable age range, the GMWB will be null and void and all GMWB charges will be refunded.

Withdrawals made under section 72(t) or section 72(q) of the Code are **<u>not</u>** considered RMDs for purposes of preserving the guarantees under this GMWB. Any such withdrawals that exceed the GAWA will have the same effect as any withdrawal or Excess Withdrawal as described above and, consistent with that description, may cause a significant negative impact to your benefit.

***Premiums.***

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| | | | |
|:---|:---|:---|:---|
| **<u>With each subsequent Premium payment on the Contract</u> -** | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes. | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes. | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes. |
| **<u>With each subsequent Premium payment on the Contract</u> -** | If the Premium payment is received after the GAWA has been determined, the **GAWA** is recalculated to equal the GAWA prior to the Premium payment plus the lesser of: | If the Premium payment is received after the GAWA has been determined, the **GAWA** is recalculated to equal the GAWA prior to the Premium payment plus the lesser of: | If the Premium payment is received after the GAWA has been determined, the **GAWA** is recalculated to equal the GAWA prior to the Premium payment plus the lesser of: |
| **<u>With each subsequent Premium payment on the Contract</u> -** | | • | The GAWA percentage multiplied by the subsequent Premium payment net of any applicable taxes; *<u>Or</u>* |
| **<u>With each subsequent Premium payment on the Contract</u> -** | | • | The GAWA percentage multiplied by the increase in the GWB. |

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**Cumulative Premium payments in any Contract Year after the first Contract Anniversary following the effective date of this GMWB are limited to the lesser of 5% of first-year Premium payments, or $10,000.**

We require prior approval for a subsequent Premium payment that would result in your Contract having $1 million of Premiums in the aggregate. We also reserve the right to refuse subsequent Premium payments. **The GWB can never be more than $10 million.** See Example 3b in Appendix D under section "V. LifeGuard Freedom Accelerator" to see how the GWB is recalculated when the $10 million maximum is hit.

***Step-up.*** On each Contract Anniversary following the effective date of this GMWB, if the Contract Value is greater than the GWB, the GWB will be automatically re-set to the Contract Value (a "step-up"). (See Examples 6 and 7 in Appendix D under section "V. LifeGuard Freedom Accelerator".)

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| | | |
|:---|:---|:---|
| **<u>With a step-up</u> -** | The **GWB** equals the Contract Value (**subject to a $10 million maximum**). | The **GWB** equals the Contract Value (**subject to a $10 million maximum**). |
| **<u>With a step-up</u> -** | If the step-up occurs after the GAWA has been determined, the **GAWA** is recalculated, equaling the greater of: | If the step-up occurs after the GAWA has been determined, the **GAWA** is recalculated, equaling the greater of: |
| **<u>With a step-up</u> -** | • | The GAWA percentage multiplied by the new GWB, *<u>Or</u>* |
| **<u>With a step-up</u> -** | • | The GAWA prior to step-up. |

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**PLEASE NOTE: Withdrawals from the Contract reduce the GWB and Contract Value and disqualify you from receiving Deferral Credits in that Contract Year. A GAWA percentage increase may become less likely when continuing withdrawals are made from the Contract.**

Upon step-up, the applicable GMWB charge will be reflected in your confirmation.

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***GMWB Charge Increase.* On each fifth Contract Anniversary, the GMWB charge may be increased**. You will be notified in advance of a GMWB Charge increase and may elect to opt out of the charge increase and any future charge increases by forfeiting any future deferral credits, automatic step-ups, and any other increases to the GWB and GAWA. Such election must be received in Good Order prior to the Contract Anniversary. **Upon such election, no future Premium payments will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All requests will be effective on the Contract Anniversary following receipt of the request in Good Order. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter. For more information, please see "LifeGuard Freedom Accelerator GMWB Charge".

***Owner's Death.*** The Contract's death benefit is not affected by this GMWB <u>so long as Contract Value is greater than zero</u> and the Contract is still in the accumulation phase. Upon your death (or the death of any joint Owner) while the Contract is still in force, this GMWB terminates without value, unless continued by the surviving spouse.

***Contract Value Is Zero*.** With this GMWB, in the event the Contract Value is zero, the Owner will receive annual payments of the GAWA until the death of the Designated Life (or the death of any joint Owner), <u>so long as the For Life Guarantee is in effect</u> and the Contract is still in the accumulation phase. The For Life Guarantee will remain in effect if the Contract Value is reduced to zero by adverse investment performance or permissible withdrawals, but will terminate if reduced to zero by an Excess Withdrawal. If the For Life Guarantee is not in effect, the Owner will receive annual payments of the GAWA until the earlier of the death of the Designated Life (or the death of any joint Owner) or the date the GWB, if any, is depleted, so long as the Contract is still in the accumulation phase. The last payment will not exceed the remaining GWB at the time of payment.

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| | | | |
|:---|:---|:---|:---|
| **<u>After each payment when the Contract Value is zero</u> -** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>After each payment when the Contract Value is zero</u> -** | | • | The GWB before the payment less the payment; *<u>Or</u>* |
| **<u>After each payment when the Contract Value is zero</u> -** | | • | Zero. |
| **<u>After each payment when the Contract Value is zero</u> -** | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. |

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Subject to the Company's approval, you may elect to receive payments more frequently than annually. If you die, all rights under your Contract cease. No subsequent Premium payments will be accepted. All optional endorsements terminate without value, and no death benefit is payable.

***Spousal Continuation*.** In the event of the Owner's death (or the first Owner's death with joint Owners), the Beneficiary who is the Owner's spouse may elect to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>with</u> this GMWB - so long as Contract Value is greater than zero, and the Contract is still in the accumulation phase. (The date the spousal Beneficiary's election to continue the Contract is in Good Order is called the Continuation Date.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Upon the Owner's death, the For Life Guarantee is void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The GWB is only payable while there is value to it (until depleted).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Step-ups will continue as permitted in accordance with the step-up rules above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Contract Anniversaries will continue to be based on the Contract's Issue Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The starting GAWA percentage and Deferral Credit percentage will continue to be based on the Designated Life's age on the effective date of this GMWB

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Deferral Credits will continue to apply in accordance with the rules described in the Deferral Credit provision.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The Deferral Credit Period will continue to be based on the original effective date of this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The Latest Income Date is based on the age of the surviving spouse. Please refer to

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"Annuitization" subsection below for information regarding the availability of the "Specified Period Income of the GAWA" option if the GWB has been continued by a spousal Beneficiary upon the death of the original Owner.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>without</u> this GMWB (GMWB is terminated).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Add this GMWB to the Contract on any Contract Anniversary after the Continuation Date, subject to the Beneficiary's eligibility - if the spousal Beneficiary terminated the GMWB in continuing the Contract.

For more information about spousal continuation of a Contract, please see "Spousal Continuation Option" beginning on page [126](#i6a8c7a642b0f405da7cd588a87395385_259).

***Termination.*** This GMWB terminates subject to a prorated GMWB Charge assessed for the period since the last quarterly or monthly GMWB charge and all benefits cease on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Income Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of total withdrawal of Contract Value;

In taking a total withdrawal of your Contract Value, you will receive the Contract Value less any applicable charges and adjustments and not the GWB or the GAWA you would have received under this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of the Owner's death (or the first Owner's death with joint Owners), <u>unless</u> the Beneficiary who is the Owner's spouse elects to continue the Contract with the GMWB;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Continuation Date if the spousal Beneficiary elects to continue the Contract without the GMWB; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date all obligations under this GMWB are satisfied after the Contract has been terminated.

This GMWB may not otherwise be terminated independently from termination of the Contract.

***Annuitization*.**

***Life Income of GAWA.*** On the Latest Income Date if the For Life Guarantee is in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. This income option provides payments in a fixed dollar amount for the lifetime of the Owner (or, with joint Owners, the lifetime of the joint Owner who dies first). The total annual amount payable will equal the GAWA in effect at the time of election of this option. This annualized amount will be paid in the frequency (no less frequently than annually) that the Owner selects. No further annuity payments are payable after the death of the Owner (or the first Owner's death with joint Owners), and there is no provision for a death benefit payable to the Beneficiary. Therefore, it is possible for only one annuity payment to be made under this Income Option if the Owner dies before the due date of the second payment.

The GAWA percentage will not change after election of this option.

***Specified Period Income of the GAWA.*** On the Latest Income Date if the For Life Guarantee is *not* in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. **(This income option only applies if the GMWB has been continued by the spousal Beneficiary upon the death of the original Owner, in which case the spouse becomes the Owner of the Contract and the Latest Income Date is based on the age of the spouse.)**

This income option provides payments in a fixed dollar amount for a specific number of years. The actual number of years that payments will be made is determined on the calculation date by dividing the GWB by the GAWA. Upon each payment, the GWB will be reduced by the payment amount. The total annual amount payable will equal the GAWA but will never exceed the current GWB. This annualized amount will be paid over the specific number of years in the frequency (no less frequently than annually) that the

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Owner selects. If the Owner should die before the payments have been completed, the remaining payments will be made to the Beneficiary, as scheduled.

The "Specified Period Income of the GAWA" income option may not be available if the Contract is issued to qualify under Sections 401, 403, 408 or 457 of the Internal Revenue Code. For such Contracts, this income option will only be available if the guaranteed period is less than the life expectancy of the spouse at the time the option becomes effective.

***See "Guaranteed Minimum Withdrawal Benefit General Considerations" and "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [45](#i6a8c7a642b0f405da7cd588a87395385_184) for additional things to consider before electing a GMWB; when electing to annuitize your Contract after having purchased a GMWB; or when the Latest Income Date is approaching and you are thinking about electing or have elected a GMWB.***

***Effect of GMWB on Tax Deferral*.** This GMWB may not be appropriate for Owners who have as a primary objective taking maximum advantage of the tax deferral that is available to them under an annuity contract to accumulate assets. Please consult your tax and financial advisors before adding this GMWB to a Contract.

**Joint For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits, And Annual Step-Up ("LifeGuard Freedom Accelerator With Joint Option GMWB").**

**PLEASE NOTE: EFFECTIVE AUGUST 28, 2023, THIS ENDORSEMENT IS NO LONGER AVAILABLE FOR ELECTION.**

*The description of this GMWB is supplemented by the examples in Appendix D under section "V. LifeGuard Freedom Accelerator."*

**Except as otherwise discussed below, the election of this GMWB under a non-tax-qualified contract requires the joint Owners to be spouses (as defined under the Internal Revenue Code) and each joint Owner is considered to be a "Covered Life."** In such cases, the Owners can be subsequently changed, but the Covered Lives cannot be changed. Upon the death of either joint Owner, the surviving joint Owner will be treated as the primary Beneficiary and all other Beneficiaries will be treated as contingent Beneficiaries. The For Life Guarantee will not apply to these contingent Beneficiaries, as they are not Covered Lives.

This GMWB is available on a limited basis under non-qualified Contracts for certain kinds of legal entities, such as (i) custodial accounts where the spouses are the joint Annuitants and (ii) trusts where the spouses are the sole beneficial owners and joint Annuitants. In these cases, the spouses are the Covered Lives, and the For Life Guarantee is based on the Annuitant's life who dies last. The Owners can be subsequently changed but no changes of Annuitant are allowed.

**Tax-qualified Contracts cannot be issued to joint Owners and require the Owner and Annuitant to be the same person. Under a tax-qualified Contract, the election of this GMWB requires the Owner and primary Beneficiary to be spouses (as defined in the Internal Revenue Code). The Owner and only the primary spousal Beneficiary named at the election of this GMWB under a tax-qualified Contract will also each be considered a Covered Life, and these Covered Lives cannot be subsequently changed.**

In certain circumstances we may permit the elimination of a joint Owner Covered Life or primary spousal Beneficiary Covered life in the event of divorce. In such cases, new Covered Lives may not be named.

For tax-qualified Contracts, the primary spousal Beneficiary cannot be changed while both the Owner and primary spousal Beneficiary are living. If the Owner dies first, the primary spousal Beneficiary will become the Owner upon spousal continuation and he or she may name a Beneficiary; however, that Beneficiary is not considered a Covered Life. Likewise, if the primary spousal Beneficiary dies first, the Owner may name a new Beneficiary; however, that Beneficiary is also not considered a Covered Life and consequently the For Life Guarantee will not apply to the new Beneficiary.

This GMWB is also available on a limited basis under Qualified Custodial Account Contracts, pursuant to which the Annuitant and a Contingent Annuitant named at election of the GMWB must be spouses and will be the Covered Lives. The only changes in these arrangements that we permit are that (i) the custodial owner may be changed or (ii) the ownership of the Contract may be transferred to the Annuitant if, at the same time as that transfer, the Contingent Annuitant is designated as the primary (spousal) Beneficiary.

For both non-qualified and tax-qualified Contracts, this GMWB guarantees partial withdrawals during the Contract's accumulation phase (i.e., before the Income Date), subject to the following:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This guarantee lasts for the duration of the life of the last surviving Covered Life (the "For Life Guarantee") if the For Life Guarantee is in effect.

The For Life Guarantee becomes effective on the Contract Anniversary on or immediately following the Designated Life attaining the age of 59½. For purposes of this GMWB, the Designated Life is the youngest Covered Life. If the Designated Life is 59½ years old or older on the endorsement's effective date, then the For Life Guarantee is effective when this GMWB is added to the Contract.

**If the For Life Guarantee is in effect, it will be terminated if a withdrawal exceeds the permissible amounts and reduces the Contract Value to zero.** (Please see the "Contract Value is Zero" subsection below to understand what happens when the Contract Value is reduced to zero.) Otherwise, the For Life Guarantee remains effective until the date this GMWB endorsement is terminated or until the Continuation Date on which a spousal Beneficiary who is not a Covered Life continues this GMWB endorsement under spousal continuation. Please see the "Termination" subsection below to understand under what conditions this GMWB endorsement and, accordingly, the For Life Guarantee can be terminated.

**In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee and it will never become effective.** See "Contract Value is Zero" below for more information**.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is not in effect, the guarantee lasts until the earlier of (1) the death of the Owner or any joint Owner, (2) the death of the Annuitant on Qualified Custodial Account Contracts, or (3) the date the Guaranteed Withdrawal Balance (GWB) is depleted, without regard to Contract Value.

The GWB is the guaranteed amount available for future periodic withdrawals.

Upon the death of the Owner or joint Owner, a spousal Beneficiary who is not a Covered Life may continue this GMWB endorsement under spousal continuation. In that event, the GWB is payable until depleted. (Please see the "Spousal Continuation" subsection below for more information.) **If the Beneficiary is a non-spousal Beneficiary, the GWB is void and this endorsement is terminated; therefore, the death of the Owner or joint Owner may have a significant negative impact on the value of this GMWB endorsement and cause the endorsement to prematurely terminate.**

**Because of the For Life Guarantee, your withdrawals could amount to more than the GWB. But PLEASE NOTE: The guarantees of this GMWB are subject to the endorsement's terms, conditions, and limitations that are explained below.**

Please consult the financial professional who is helping, or who helped, you purchase your Contract to be sure that this GMWB suits your needs and is consistent with your expectations.

This GMWB is available to Covered Lives 45 to 80 years old (proof of age is required and both Covered Lives must be within the eligible age range). This GMWB may be added to a Contract on the Issue Date or on any Contract Anniversary, subject to availability; and cannot be canceled except by a spousal Beneficiary who is not a Covered Life, who, upon the Owner's death, may elect to continue the Contract without the GMWB. To continue Joint GMWB coverage upon the death of the Owner (or the death of either joint Owner of a non-qualified Contract), provided that the other Covered Life is still living, the Contract must be continued by election of spousal continuation. Upon continuation, the spouse becomes the Owner and obtains all rights as the Owner. If you are eligible to elect this GMWB after the Contract Issue Date on a Contract Anniversary (subject to availability), we must receive a request in Good Order within 30 calendar days prior to the Contract Anniversary.

**This GMWB is <u>not</u> available on a Contract that already has a GMWB (only one GMWB per Contract)**. Availability of this GMWB may be subject to further limitation.

There is a limit on withdrawals each Contract Year to keep the guarantees of this GMWB in full effect - the greater of the Guaranteed Annual Withdrawal Amount (GAWA) and for certain tax-qualified Contracts, the required minimum distribution (RMD) under the Internal Revenue Code. Withdrawals exceeding the limit do not invalidate the For Life Guarantee, but cause the GWB and GAWA to

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be recalculated. Please see "***Guaranteed Withdrawal Balance (***"***GWB***"***)***" and "***Withdrawals***" below for more information about the GWB and GAWA.

***Guaranteed Withdrawal Balance ("GWB").*** The GWB depends on when this GMWB is added to the Contract, and the GAWA derives from the GWB.

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| | |
|:---|:---|
| **<u>When this GMWB is added</u>** <br>**<u>to the Contract on the Issue Date</u> –** | &nbsp;&nbsp;The **GWB** equals initial Premium net of any applicable Premium taxes. |
| **<u>When this GMWB is added</u>** <br>**<u>to the Contract on the Issue Date</u> –** | The **GAWA** is determined based on the Designated Life's age on the effective date of this GMWB and equals GAWA percentage multiplied by the GWB. |

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| | |
|:---|:---|
| **<u>When this GMWB is added</u>** <br>**<u>to the Contract on any Contract Anniversary, subject to availability</u> –** | &nbsp;&nbsp;The **GWB** equals Contract Value.<br>The **GAWA** is determined based on the Designated Life's age on the effective date of this GMWB and equals the GAWA percentage multiplied by the GWB.  |

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**The GWB can never be more than $10 million** (including upon step-up, or the application of any deferral credits), and the GWB is reduced by each withdrawal.

**PLEASE NOTE:** Upon the Owner's death, the For Life Guarantee is void unless this GMWB is continued by a spousal Beneficiary who is a Covered Life. However, it is possible for this GMWB to be continued without the For Life Guarantee by a spousal Beneficiary who is not a Covered Life. Please see the "Spousal Continuation" subsection below for more information.

***Withdrawals.*** The GAWA is equal to the GAWA percentage multiplied by the GWB. At the end of each Contract Year during the Deferral Credit Period, if no partial withdrawals are taken that year, the GAWA percentage will be recalculated by adding the Deferral Credit percentage to the GAWA percentage. The starting GAWA percentage and the Deferral Credit percentage vary according to age group and are determined based on the Designated Life's age on the effective date of this GMWB. The current starting GAWA percentages and Deferral Credit percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical starting GAWA percentages and Deferral Credit percentages.

We reserve the right to prospectively change the starting GAWA percentages and Deferral Credit percentages, including the age bands, on new GMWB endorsements. The current starting GAWA percentages and Deferral Credit percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical starting GAWA percentages and Deferral Credit percentages. If we change the starting GAWA percentages or Deferral Credit percentages described above, we will follow these procedures:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• When we issue your Contract we will deliver a copy of the prospectus that includes the notice of change of starting GAWA percentages or Deferral Credit percentages in the form of a Rate Sheet Prospectus Supplement to you. You will have until the end of the Free Look period to cancel your Contract and this GMWB by returning the Contract to us pursuant to the provisions of the Free Look section (please see "Free Look" on page [132](#i6a8c7a642b0f405da7cd588a87395385_343)).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If you are an existing Owner and are eligible to elect this GMWB after the Issue Date, at the time we change the starting GAWA percentages or Deferral Credit percentages, we will send you the notice of change of starting GAWA percentages or Deferral Credit percentages in the form of a Rate Sheet Prospectus Supplement. If you later elect this GMWB, when we receive your election, we will send you the required endorsement with a duplicate notice of change of starting GAWA percentages or Deferral Credit percentages. You will have 30 days after receiving the notice to cancel your election of this GMWB by returning the endorsement to us.

In each case, the actual starting GAWA percentages and Deferral Credit percentages will be reflected in your Contract endorsement.

In connection with a change of starting GAWA percentages or Deferral Credit percentages, as described above, we may continue to offer the existing starting GAWA percentages or Deferral Credit percentages, in effect prior to the change, as an Optional starting GAWA% and Deferral Credit% table at an increased charge. The increased charge for this GMWB will not be greater than the maximum annual charge shown in the charge tables, which in no event exceeds 3.00%. For the charges for each GMWB, please see

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the section for the applicable GMWB appearing under "Contract Charges" beginning on page [24](#i6a8c7a642b0f405da7cd588a87395385_64). Also, please see the *"Optional Benefit Charges"* table under the "FEES AND EXPENSES TABLES" beginning on page [10](#i09b2a041f76c479db55034edb2cfb182_0-0-1-1-160685). The Optional starting GAWA% and Deferral Credit% table will maintain the starting GAWA percentages and Deferral Credit percentages for each age group that were available before the change as reflected in the Rate Sheet Prospectus Supplement that was applicable at the time you purchased your Contract. If we offer the Optional starting GAWA% and Deferral Credit% table, the notice of change in the form of a prospectus supplement, that will be delivered to you, will describe both the change to the starting GAWA percentages and Deferral Credit percentages, and the Optional starting GAWA% and Deferral Credit% table and related charges. We reserve the right to prospectively change the starting GAWA percentages and Deferral Credit percentages in the Optional starting GAWA% and Deferral Credit% table, including the age bands, on new GMWB endorsements subject to the notices and procedures described above.

Withdrawals cause the GWB to be recalculated. Withdrawals will also cause the GAWA to be recalculated if the withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or, for certain tax-qualified Contracts only, the RMD (if greater than the GAWA). In such case, the recalculation of the GAWA will occur whether or not the For Life Guarantee is in effect. If the GWB is less than the GAWA at the end of any Contract Year and the For Life Guarantee is not in effect, the GAWA will be set equal to the GWB. This may occur, when over time, payment of the guaranteed withdrawals is nearly complete, the For Life Guarantee is not in effect and the GWB has been depleted to a level below the GAWA. The tables below clarify what happens in each instance. (RMD denotes the required minimum distribution under the Internal Revenue Code for certain tax-qualified Contracts only. There is no RMD for non-qualified Contracts.) In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee <u>and it will never become effective</u>. See "Contract Value is Zero" below for more information.

For certain tax-qualified Contracts, this GMWB allows withdrawals greater than the GAWA to meet the Contract's RMD without compromising the endorsement's guarantees. Examples 4 and 5 in Appendix D under section "V. LifeGuard Freedom Accelerator" supplement this description. Because the intervals for the GAWA and RMDs are different, namely Contract Years versus calendar years, and because RMDs are subject to other conditions and limitations, if your Contract is a tax-qualified Contract, please see "RMD NOTES" under "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" on page [46](#i6a8c7a642b0f405da7cd588a87395385_187), for more information.)

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable -</u>** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable -</u>** | | • | The GWB before the withdrawal less the withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable -</u>** | | • | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable -</u>** | The **GAWA** is unchanged. | The **GAWA** is unchanged. | The **GAWA** is unchanged. |

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The GAWA is **<u>not</u>** reduced if all withdrawals during any one Contract Year do not exceed the greater of the GAWA or RMD, as applicable. The GAWA will be reduced at the end of a Contract Year to equal the GWB if the For Life Guarantee is not in effect and the GWB is nearly depleted, resulting in a GWB that is less than the GAWA. You may withdraw the greater of the GAWA or RMD, as applicable, all at once or throughout the Contract Year. Withdrawing less than the greater of the GAWA or RMD, as applicable, in a Contract Year does not entitle you to withdraw more than the greater of the GAWA or RMD, as applicable, in the next Contract Year. The amount you may withdraw each Contract Year and not cause the GWB and GAWA to be recalculated does not accumulate.

Withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year causes the GWB and GAWA to be recalculated (see below and Example 5 in Appendix D under section "V. LifeGuard Freedom Accelerator"). **In recalculating the GWB, the GWB could be reduced by more than the withdrawal amount. The GAWA will also be reduced. Therefore, please note that withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year may have a significantly negative impact on the value of this benefit.**

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable -</u>** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable -</u>** | | • | The GWB prior to the withdrawal, first reduced dollar-for-dollar for any portion of the withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable -</u>** | | • | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable -</u>** | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable -</u>** | | • | The GAWA prior to the withdrawal is reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal. |

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The Excess Withdrawal is defined to be the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The total amount of the current withdrawal, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount by which the cumulative withdrawals for the current Contract Year (including the current withdrawal) exceeds the greater of the GAWA or the RMD, as applicable.

**How Deferral Credits work:** Each Contract Year during the Deferral Credit Period in which you do not take withdrawals, you may earn Deferral Credits, which increase your GAWA percentage, and thus, your GAWA. The Deferral Credit percentage is the percentage added to the GAWA percentage at the end of each Contract Year during the Deferral Credit Period if no withdrawals were taken during that Contract Year. The Deferral Credit percentage is based on the Designated Life's age on the effective date of this GMWB and does not change after the effective date. The Deferral Credit Period is the period during which you are eligible for Deferral Credits.

Each time a Deferral Credit is applied, the GAWA percentage is recalculated to equal the previous GAWA percentage plus the Deferral Credit percentage. If the Deferral Credit is applied after the GAWA has been determined, the GAWA is recalculated and is equal to the greater of the GAWA percentage multiplied by the new GWB, *or* the GAWA prior to the Deferral Credit.

The Deferral Credit Period begins on the effective date of this GMWB, and ends on the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversary on which you elect to opt out of the current and any future GMWB charge increases;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The 15<sup>th</sup> Contract Anniversary following the effective date of this GMWB;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversary on or immediately following the Designated Life's 90<sup>th</sup> birthday;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date the Contract Value falls to zero for any reason; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date the Life Income of the GAWA Option is elected.

**More on Withdrawals:** Withdrawals under this GMWB are assumed to be the total amount deducted from the Contract Value, including any asset allocation fees, and other charges or adjustments. Any withdrawals from Contract Value allocated to a Fixed Account Option may be subject to a Market Value Adjustment. For more information, please see "THE FIXED ACCOUNT" beginning on page [15](#i6a8c7a642b0f405da7cd588a87395385_46).

Withdrawals under this GMWB are considered the same as any other partial withdrawals for the purposes of calculating any other values under the Contract and any other endorsements (for example, the Contract's death benefit). All withdrawals count toward the total amount withdrawn in a Contract Year, including automatic withdrawals, RMDs for certain tax-qualified Contracts, withdrawals of asset allocation and advisory fees under the Contract. They are subject to the same restrictions and processing rules as described in the Contract. They are also treated the same for federal income tax purposes. For more information about tax-qualified and non-qualified Contracts, please see "TAXES" beginning on page [127](#i6a8c7a642b0f405da7cd588a87395385_271).

If the age of any Covered Life is incorrectly stated at the time of election of the GMWB, on the date the misstatement is discovered, the GWB and the GAWA will be recalculated based on the GAWA percentage applicable at the correct age. Any future GAWA percentage recalculation will be based on the correct age. If the age at election of either Covered Life falls outside the allowable age range, the GMWB will be null and void and all GMWB charges will be refunded.

Withdrawals made under section 72(t) or section 72(q) of the Code are **<u>not</u>** considered RMDs for purposes of preserving the guarantees under this GMWB. Any such withdrawals that exceed the GAWA will have the same effect as any withdrawal or Excess Withdrawal as described above and, consistent with that description, may cause a significant negative impact to your benefit.

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***Premiums.***

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| | | | |
|:---|:---|:---|:---|
| **<u>With each subsequent Premium payment on the Contract</u> -** | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes. | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes. | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes. |
| **<u>With each subsequent Premium payment on the Contract</u> -** | If the Premium payment is received after the GAWA has been determined, the **GAWA** is recalculated to equal the GAWA prior to the Premium payment plus the lesser of: | If the Premium payment is received after the GAWA has been determined, the **GAWA** is recalculated to equal the GAWA prior to the Premium payment plus the lesser of: | If the Premium payment is received after the GAWA has been determined, the **GAWA** is recalculated to equal the GAWA prior to the Premium payment plus the lesser of: |
| **<u>With each subsequent Premium payment on the Contract</u> -** | | • | The GAWA percentage multiplied by the subsequent Premium payment net of any applicable taxes; *<u>Or</u>* |
| **<u>With each subsequent Premium payment on the Contract</u> -** | | • | The GAWA percentage multiplied by the increase in the GWB. |

---

**Cumulative Premium payments in any Contract Year after the first Contract Anniversary following the effective date of this GMWB are limited to the lesser of 5% of first-year Premium payments, or $10,000.**

We require prior approval for a subsequent Premium payment that would result in your Contract having $1 million of Premiums in the aggregate. We also reserve the right to refuse subsequent Premium payments. **The GWB can never be more than $10 million.** See Example 3b in Appendix D under section "V. LifeGuard Freedom Accelerator" to see how the GWB is recalculated when the $10 million maximum is hit.

***Step-up.*** On each Contract Anniversary following the effective date of this GMWB, if the Contract Value is greater than the GWB, the GWB will be automatically re-set to the Contract Value (a "step-up"). (See Examples 6 and 7 in Appendix D under section "V. LifeGuard Freedom Accelerator".)

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| | | |
|:---|:---|:---|
| **<u>With a step-up</u> -** | The **GWB** equals the Contract Value (**subject to a $10 million maximum**). | The **GWB** equals the Contract Value (**subject to a $10 million maximum**). |
| **<u>With a step-up</u> -** | If the step-up occurs after the GAWA has been determined, the **GAWA** is recalculated, equaling the greater of: | If the step-up occurs after the GAWA has been determined, the **GAWA** is recalculated, equaling the greater of: |
| **<u>With a step-up</u> -** | • | The GAWA percentage multiplied by the new GWB, <br>*<u>Or</u>* |
| **<u>With a step-up</u> -** | • | The GAWA prior to step-up. |

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**PLEASE NOTE: Withdrawals from the Contract reduce the GWB and Contract Value and disqualify you from receiving Deferral Credits in that Contract Year. A GAWA percentage increase may become less likely when continuing withdrawals are made from the Contract.**

Upon step-up, the applicable GMWB charge will be reflected in your confirmation.

***GMWB Charge Increase.* On each fifth Contract Anniversary, the GMWB charge may be increased**. You will be notified in advance of a GMWB Charge increase and may elect to opt out of the charge increase and any future charge increases by forfeiting any future deferral credits, automatic step-ups, and any other increases to the GWB and GAWA. Such election must be received in Good Order prior to the Contract Anniversary. **Upon such election, no future Premium payments will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All requests will be effective on the Contract Anniversary following receipt of the request in Good Order. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter. For more information, please see "LifeGuard Freedom Accelerator GMWB Charge".

***Owner's Death.*** The Contract's death benefit is not affected by this GMWB <u>so long as Contract Value is greater than zero and the Contract is still in the accumulation phase</u>. Upon the death of the sole Owner of a qualified Contract or the death of either joint Owner of a non-qualified Contract while the Contract is still in force, this GMWB terminates without value, unless continued by the surviving spouse.

***Contract Value Is Zero*.** With this GMWB, in the event the Contract Value is zero, the Owner will receive annual payments of the GAWA until the death of the last surviving Covered Life, <u>so long as the For Life Guarantee is in effect</u> and the Contract is still in the accumulation phase. The For Life Guarantee will remain in effect if the Contract Value is reduced to zero by adverse investment performance or permissible withdrawals, but will terminate if reduced to zero by an Excess Withdrawal. If the For Life Guarantee is

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not in effect, the Owner will receive annual payments of the GAWA until the earlier of the death of the Owner (or the death of any joint Owner) or the date the GWB, if any, is depleted, so long as the Contract is still in the accumulation phase. The last payment will not exceed the remaining GWB at the time of payment.

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| | | | |
|:---|:---|:---|:---|
| **<u>After each payment when the Contract Value is zero</u> -** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>After each payment when the Contract Value is zero</u> -** | | • | The GWB before the payment less the payment; *<u>Or</u>* |
| **<u>After each payment when the Contract Value is zero</u> -** | | • | Zero. |
| **<u>After each payment when the Contract Value is zero</u> -** | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. |

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Subject to the Company's approval, you may elect to receive payments more frequently than annually. If you die, all rights under your Contract cease. No subsequent Premium payments will be accepted. All optional endorsements terminate without value, and no death benefit is payable.

***Spousal Continuation*.** In the event of the Owner's (or either joint Owner's) death, the surviving sole spousal Beneficiary may elect to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>with</u> this GMWB - so long as Contract Value is greater than zero, and the Contract is still in the accumulation phase. (The date the spousal Beneficiary's election to continue the Contract is in Good Order is called the Continuation Date.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is a Covered Life, then the For Life Guarantee remains effective on and after the Continuation Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is not a Covered Life, the For Life Guarantee is null and void. However, the surviving spouse will be entitled to make withdrawals until the GWB is exhausted.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ For a surviving spouse who is a Covered Life, continuing the Contract with this GMWB is necessary to be able to fully realize the benefit of the For Life Guarantee. The For Life Guarantee is not a separate guarantee and only applies if the related GMWB has not terminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Step-ups will continue as permitted in accordance with the step-up rules above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Contract Anniversaries will continue to be based on the Contract's Issue Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The starting GAWA percentage and Deferral Credit percentage will continue to be based on the Designated Life's age on the effective date of this GMWB

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Deferral Credits will continue to apply in accordance with the rules described in the Deferral Credit provision.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The Deferral Credit Period will continue to be based on the original effective date of this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The Latest Income Date is based on the age of the surviving spouse. Please refer to "Annuitization" subsection below for information regarding the additional Income Options available on the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ A new joint Owner may not be added on a non-qualified Contract if a surviving spouse continues the Contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>without</u> this GMWB (GMWB is terminated) if the surviving spouse is not a Covered Life. Thereafter, no GMWB charge will be assessed. If the surviving spouse is a Covered Life, the Contract cannot be continued without this GMWB.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Add this GMWB to the Contract on any Contract Anniversary after the Continuation Date, subject to the Beneficiary's eligibility - if the spousal Beneficiary terminated the GMWB in continuing the Contract.

For more information about spousal continuation of a Contract, please see "Spousal Continuation Option" beginning on page [126](#i6a8c7a642b0f405da7cd588a87395385_259).

***Termination.*** This GMWB terminates subject to a prorated GMWB Charge assessed for the period since the last quarterly or monthly GMWB charge and all benefits cease on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Income Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of total withdrawal of Contract Value;

In taking a total withdrawal of your Contract Value, you will receive the Contract Value less any applicable charges and adjustments and not the GWB or the GAWA you would have received under this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of the Owner's (or any joint Owner's) death, <u>unless</u> the Beneficiary who is the Owner's spouse elects to continue the Contract with the GMWB (continuing the Contract with this GMWB is necessary to be able to fully realize the benefit of the For Life Guarantee if the surviving spouse is a Covered Life);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Continuation Date if the spousal Beneficiary, who is not a Covered Life, elects to continue the Contract without the GMWB; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date all obligations under this GMWB are satisfied after the Contract has been terminated.

This GMWB may not otherwise be terminated independently from termination of the Contract.

***Annuitization*.**

***Joint Life Income of GAWA.*** On the Latest Income Date if the For Life Guarantee is in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. This income option provides payments in a fixed dollar amount for the lifetime of the last surviving Covered Life. The total annual amount payable will equal the GAWA in effect at the time of election of this option. This annualized amount will be paid in the frequency (no less frequently than annually) that the Owner selects. No further annuity payments are payable after the death of the last surviving Covered Life, and there is no provision for a death benefit payable to the Beneficiary. Therefore, it is possible for only one annuity payment to be made under this Income Option if both Covered Lives die before the due date of the second payment.

The GAWA percentage will not change after election of this option.

***Specified Period Income of the GAWA.*** On the Latest Income Date if the For Life Guarantee is *not* in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. **(This income option only applies if the GMWB has been continued by the spousal Beneficiary and the spousal Beneficiary is not a Covered Life, in which case the spouse becomes the Owner of the Contract and the Latest Income Date is based on the age of the spouse.)**

This income option provides payments in a fixed dollar amount for a specific number of years. The actual number of years that payments will be made is determined on the calculation date by dividing the GWB by the GAWA. Upon each payment, the GWB will be reduced by the payment amount. The total annual amount payable will equal the GAWA but will never exceed the current GWB. This annualized amount will be paid over the specific number of years in the frequency (no less frequently than annually) that the Owner selects. If the Owner should die before the payments have been completed, the remaining payments will be made to the Beneficiary, as scheduled.

The "Specified Period Income of the GAWA" income option may not be available if the Contract is issued to qualify under Sections 401, 403, 408 or 457 of the Internal Revenue Code. For such Contracts, this income option will only be available if the guaranteed period is less than the life expectancy of the spouse at the time the option becomes effective.

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***See "Guaranteed Minimum Withdrawal Benefit General Considerations" and "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [45](#i6a8c7a642b0f405da7cd588a87395385_184) for additional things to consider before electing a GMWB; when electing to annuitize your Contract after having purchased a GMWB; or when the Latest Income Date is approaching and you are thinking about electing or have elected a GMWB.***

***Effect of GMWB on Tax Deferral*.** This GMWB may not be appropriate for Owners who have as a primary objective taking maximum advantage of the tax deferral that is available to them under an annuity contract to accumulate assets. Please consult your tax and financial advisors before adding this GMWB to a Contract

**Guaranteed Minimum Withdrawal Benefit For Stretch RMDs ("MarketGuard Stretch GMWB").** *The following description of this GMWB is supplemented by the examples in Appendix D under section "IV. MarketGuard Stretch", particularly example 2 for the varying benefit.*

**PLEASE NOTE: EFFECTIVE APRIL 27, 2020, THIS ADD-ON BENEFIT IS NO LONGER AVAILABLE ON TAX-QUALIFIED CONTRACTS.**

This GMWB is available under Contracts which are purchased by the Owner with proceeds that are payable to the Owner as Beneficiary of tax qualified (for Contracts purchased prior to April 27, 2020) or non-qualified death benefits as a result of the death of an owner of a qualified plan or tax-qualified annuity contract (for Contracts purchased prior to April 27, 2020), or the death of an owner of anon-qualified annuity contract. This GMWB is also available to an eligible Beneficiary entitled to death benefit payments under an existing Contract, who will be considered an Owner for purposes of this GMWB. For more information about death benefit payments, please see "Payout Options" on page [126](#i6a8c7a642b0f405da7cd588a87395385_253). The proceeds must be subject to the minimum distribution requirements of the Internal Revenue Code (the "Code") applicable to beneficiaries. The distributions that will be made under this GMWB are commonly referred to as "stretch" distributions since they allow beneficiaries to receive payments over a period of time not exceeding their life expectancies.

Availability of this GMWB is subject to the following additional requirements:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• A Beneficiary entitled to death benefit payments under an existing Contract must elect this GMWB prior to the time the Beneficiary begins taking distributions (or is required to begin taking distributions) from the Contract to meet the stretch minimum distribution requirements.

For Contracts purchased by prospective Owners with death benefit proceeds that are subject to the minimum distribution requirements applicable to Beneficiaries, this GMWB must be elected on the initial application and is not available for election after the Issue Date. Additionally, for Owners age 70 or younger on the date this GMWB is issued, this GMWB must be elected no later than five years after the date of death of the original owner. For Owners age 71 through age 80 on the date this GMWB is issued, this GMWB must be elected before the Owner begins taking distributions (or is required to begin taking distributions) to meet the stretch minimum distribution requirements.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This GMWB is not available if a trust was the designated Beneficiary of the death benefit proceeds and as a result the Owner must apply the life expectancy payout method using an age different from his or her own.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Owner must meet the applicable minimum distribution requirements by electing the life expectancy payout method as defined under the Code applicable to Beneficiaries. This GMWB is not available if the Owner uses other payout methods, including payout methods available only for surviving spouses under special Code rules.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Owner must commence the minimum distributions not later than 1 year after the deceased Owner's death (for non-qualified Contracts) or not later than the end of the calendar year following the calendar year in which the deceased Owner died (for tax-qualified Contracts).

This GMWB guarantees partial withdrawals during the Contract's accumulation phase (i.e., before the Income Date) until the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Owner's death;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Until all withdrawals under the Contract equal the Guaranteed Withdrawal Balance (GWB), without regard to Contract Value (The GWB is the guaranteed amount available for future periodic withdrawals); or

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversary occurring in the GMWB Maturity Year (please see the "GMWB Maturity Year" section on page [116](#ie25a26f20def445b9db8b8c032f0f6c0_28283)).

**PLEASE NOTE: The guarantees of this GMWB are subject to the endorsement's terms, conditions, and limitations that are explained below.** 

Please consult the financial professional who is helping, or who helped, you purchase your Contract and your tax advisor to be sure that this GMWB ultimately suits your needs.

This GMWB is available to individual Owners up to 80 years old on the latest required date of the first minimum distribution under the Internal Revenue Code applicable to the Contract (proof of age is required); and once it is added to the Contract it cannot be canceled. If you are eligible to elect this GMWB after the Contract Issue Date (subject to availability), we must receive a request in Good Order. **This GMWB is <u>not</u> available on a Contract that already has a GMWB (only one GMWB per Contract).** 

This GMWB is available to natural Owners on qualified (for Contracts purchased prior to April 27, 2020) and non-qualified Contracts. It is also available to legal entities on qualified Contracts (for Contracts purchased prior to April 27, 2020). Joint annuitants are not permitted if the owner is a legal entity.

We allow ownership changes of a Contract with this GMWB only when the Owner is a trust and the ownership change is to the Annuitant. Changing Annuitants is not allowed. Availability of this GMWB may be subject to further limitation.

There is a limit on withdrawals each Contract Year to keep the guarantees of this GMWB in full effect – the greater of the Guaranteed Annual Withdrawal Amount (GAWA) and the required minimum distribution under the Contract (Stretch RMD). Please see "***Guaranteed Withdrawal Balance (***"***GWB***"***)***" and "***Withdrawals***" below for more information about the GAWA. For purposes of this GMWB, the Stretch RMD is the amount defined by the Internal Revenue Code as the minimum distribution requirement under the life expectancy payout method applicable to the Contract which is attributable to the proceeds from the death of an Owner of a qualified plan, or the death of an Owner of a tax-qualified or non-qualified annuity contract**. Withdrawals exceeding the above limit cause the GWB and GAWA to be recalculated**.

***Guaranteed Withdrawal Balance (***"***GWB***"***).*** The GWB depends on when this GMWB is added to the Contract, and the GAWA derives from the GWB.

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –** | &nbsp;&nbsp;The **GWB** equals initial Premium net of any applicable Premium taxes. |
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –** | The **GAWA** is determined based on the Owner's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the partial withdrawal. See the GAWA percentage table below. |

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract after the Issue Date, subject to availability</u> –** | &nbsp;&nbsp;The **GWB** equals Contract Value. |
| **<u>When this GMWB is added to the Contract after the Issue Date, subject to availability</u> –** | The **GAWA** is determined based on the Owner's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the partial withdrawal. See the GAWA percentage table below. |

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**The GWB can never be more than $10 million**, and the GWB is reduced by each withdrawal.**PLEASE NOTE:** Upon the Owner's death, this GMWB may be continued by a Beneficiary. Please see the "Continuation By Beneficiary" subsection below for more information.

***Withdrawals.*** The GAWA percentage and the GAWA are determined at the time of the first withdrawal. The GAWA is equal to the GAWA percentage multiplied by the GWB prior to the partial withdrawal. The GAWA percentage varies according to age group and is determined based on the Designated Life's attained age at the time of the first withdrawal. For a qualified Contract owned by a legal entity, the age of the Annuitant is used to determine the GAWA percentage. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical GAWA percentages.

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We reserve the right to prospectively change the GAWA percentages, including the age bands, on new GMWB endorsements. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical GAWA percentages. If we change the GAWA percentages described above, we will follow these procedures:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• When we issue your Contract we will deliver a copy of the prospectus that includes the notice of change of GAWA percentages in the form of a Rate Sheet Prospectus Supplement to you. You will have until the end of the Free Look period to cancel your Contract and this GMWB by returning the Contract to us pursuant to the provisions of the Free Look section (please see "Free Look" on page [132](#i6a8c7a642b0f405da7cd588a87395385_343)).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If you are an existing Owner and are eligible to elect this GMWB after the Issue Date, at the time we change the GAWA percentages we will send you the notice of change of GAWA percentages in the form of a Rate Sheet Prospectus Supplement. If you later elect this GMWB, when we receive your election, we will send you the required endorsement with a duplicate notice of change of GAWA percentages. You will have 30 days after receiving the notice to cancel your election of this GMWB by returning the endorsement to us.

In each case, the actual GAWA percentages will be reflected in your Contract endorsement.

Withdrawals cause the GWB to be recalculated. Withdrawals may also cause the GAWA to be recalculated, depending on whether or not the withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the GAWA, or the Stretch RMD (if greater than the GAWA). If the GWB falls below the GAWA at the end of a Contract Year, the GAWA will be reset to equal the GWB. This may occur, when over time, payment of guaranteed withdrawals is nearly complete and the GWB has been depleted. The tables below clarify what happens in each instance.

This GMWB allows withdrawals greater than the GAWA to meet the Contract's Stretch RMD without compromising the endorsement's guarantees. Examples 4 and 5 in Appendix D under section "IV. MarketGuard Stretch" supplement this description. Because the intervals for the GAWA and Stretch RMDs are different, namely Contract Years versus calendar years, and because Stretch RMDs are subject to other conditions and limitations, please see "Stretch RMD NOTES" below for more information.

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or Stretch RMD, as applicable</u> –** | The GWB is recalculated, equaling the greater of: | The GWB is recalculated, equaling the greater of: | The GWB is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or Stretch RMD, as applicable</u> –** | | ● | The GWB before the withdrawal less the withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or Stretch RMD, as applicable</u> –** | | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or Stretch RMD, as applicable</u> –** | The GAWA and the GMWB Charge Base are unchanged. At the end of each Contract Year, if the GWB is less than the GAWA, the GAWA is set equal to the GWB. | The GAWA and the GMWB Charge Base are unchanged. At the end of each Contract Year, if the GWB is less than the GAWA, the GAWA is set equal to the GWB. | The GAWA and the GMWB Charge Base are unchanged. At the end of each Contract Year, if the GWB is less than the GAWA, the GAWA is set equal to the GWB. |

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For more information about the GMWB Charge Base, please see "Guaranteed Minimum Withdrawal Benefit For Stretch RMDs ("MarketGuard Stretch GMWB") Charge" on page [32](#i6a8c7a642b0f405da7cd588a87395385_109).

You may withdraw the greater of the GAWA or Stretch RMD, as applicable, all at once or throughout the Contract Year. Withdrawing less than the greater of the GAWA or Stretch RMD, as applicable, in a Contract Year does not entitle you to withdraw more than the greater of the GAWA or Stretch RMD, as applicable, in the next Contract Year. The amount you may withdraw each Contract Year and not cause the GWB and GAWA to be recalculated does not accumulate.

Withdrawing more than the greater of the GAWA or Stretch RMD, as applicable, in a Contract Year causes the GWB and GAWA to be recalculated (see below and Example 5 in Appendix D under section "IV. MarketGuard Stretch"). **In recalculating the GWB, the GWB could be reduced by more than the withdrawal amount. The GAWA is also likely to be reduced. Therefore, please note that withdrawing more than the greater of the GAWA or Stretch RMD, as applicable, in a Contract Year may have a significantly negative impact on the value of this benefit and may lead to its premature termination.**

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or Stretch RMD, as applicable</u>** – | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or Stretch RMD, as applicable</u>** – | | ● | The GWB prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or Stretch RMD, as applicable</u>** – | | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or Stretch RMD, as applicable</u>** – | The **GAWA** is recalculated, equaling: | The **GAWA** is recalculated, equaling: | The **GAWA** is recalculated, equaling: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or Stretch RMD, as applicable</u>** – | | ● | The GAWA prior to the partial withdrawal reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal. |

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The Excess Withdrawal is defined to be the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The total amount of the current partial withdrawal, *<u>Or</u>*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount by which the cumulative partial withdrawals for the current Contract Year exceeds the greater of the GAWA or the Stretch RMD, as applicable.

Withdrawals under this GMWB are assumed to be the total amount deducted from the Contract Value, including any withdrawal charges, and other charges or adjustments. Stretch RMD withdrawals in excess of the free withdrawal amount are not subject to a withdrawal charge. Any withdrawals from Contract Value allocated to a Fixed Account Option may be subject to a Market Value Adjustment. For more information, please see "THE FIXED ACCOUNT" beginning on page [15](#i6a8c7a642b0f405da7cd588a87395385_46). Withdrawals in excess of free withdrawals may be subject to a withdrawal charge.

Withdrawals under this GMWB are considered the same as any other partial withdrawals for the purposes of calculating any other values under the Contract and any other endorsements (for example, the Contract's death benefit). All withdrawals count toward the total amount withdrawn in a Contract Year, including automatic withdrawals, Stretch RMDs, withdrawals of asset allocation and advisory fees, partial transfers and free withdrawals under the Contract. They are subject to the same restrictions and processing rules as described in the Contract. They are also treated the same for federal income tax purposes. For more information about tax-qualified and non-qualified Contracts, please see "TAXES" beginning on page [127](#i6a8c7a642b0f405da7cd588a87395385_271).

If the age of any Owner is incorrectly stated at the time of election of the GMWB, on the date the misstatement is discovered, the GWB and the GAWA will be recalculated based on the GAWA percentage applicable at the correct age. Any future GAWA percentage recalculation will be based on the correct age. If the date of death of the previous Owner is incorrectly stated at the time of election of the GMWB, on the date the misstatement is discovered, the eligibility of GMWB election will be re-determined based on the correct date of death. If it is determined that the GMWB could not have been elected based on the correct date of death, the GMWB will be null and void and all GMWB charges will be refunded.

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| |
|:---|
| **STRETCH RMD NOTES:** Notice of a Stretch RMD is required at the time of your withdrawal request, and there is an administrative form for such notice. The administrative form allows for one time or automatic withdrawals. We may require you to set up a automatic withdrawal program to meet the Stretch RMDs. Eligible withdrawals that are specified as Stretch RMDs may only be taken based on the value of the Contract to which the endorsement applies, even where the Internal Revenue Code allows for the taking of Stretch RMDs for multiple contracts from a single contract. You, as Owner, are responsible for complying with the Internal Revenue Code's Stretch RMD requirements. If your requested Stretch RMD exceeds our calculation of the Stretch RMD for your contract, your request will not be eligible for the waiver of any applicable charges (i.e. withdrawal charges) and we will impose those charges, which will be reflected in the confirmation of the transaction. For information regarding the Stretch RMD calculation for your Contract, please contact our Jackson of NY Customer Care Center. Our contact information is on the cover page of this prospectus. |
| Under the Internal Revenue Code, Stretch RMDs are calculated and taken on a calendar year basis. But with this GMWB, the GAWA is based on Contract Years. Because the intervals for the GAWA and Stretch RMDs are different, the endorsement's guarantees may be more susceptible to being compromised. With tax-qualified Contracts, if the sum of your total partial withdrawals in a Contract Year exceeds the greatest of the Stretch RMD for each of the two calendar years occurring in that Contract Year and the GAWA for that Contract Year, then the GWB and GAWA could be adversely recalculated, as described above. (If your Contract Year is the same as the calendar year, then the sum of your total partial withdrawals should not exceed the greater of the Stretch RMD and the GAWA.) Below is an example of how this modified limit would apply. |

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| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assume a tax-qualified Contract with a Contract Year that runs from July 1 to June 30, and that there are no withdrawals other than as described. The GAWA for the Contract Year (ending June 30, 2026) is $10. The Stretch RMDs for calendar years 2025 and 2026 are $14 and $16, respectively. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If the Owner withdraws $7 in the first and second halves of calendar year 2025 and $8 in the first and second halves of calendar year 2026, then at the time the withdrawal in the first half of calendar year 2026 is taken, the Owner will have withdrawn $15 in the Contract Year running from July 1, 2025 to June 30, 2026. Because the sum of the Owner's withdrawals for the Contract Year running from July 1, 2025 to June 30, 2026 is less than the greater of the Stretch RMD for either of the two calendar years occurring in that Contract Year, the GWB and GAWA would not be adversely recalculated. |
| Examples that are relevant or specific to tax-qualified Contracts, illustrating this GMWB, in varying circumstances and with specific factual assumptions, are at the end of the prospectus in Appendix D under section "IV. MarketGuard Stretch", particularly examples 4 and 5. **Please consult the financial professional who is helping, or who helped, you purchase your tax-qualified Contract, and your tax advisor, to be sure that this GMWB ultimately suits your needs relative to your Stretch RMD.** |

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***Premiums.***

**Subsequent Premium payments are only permitted on tax-qualified Contracts purchased prior to April 27, 2020, and must be a transfer from a qualified plan. Subsequent Premium payments must be received within 180 days of the Issue Date.**

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| | | | |
|:---|:---|:---|:---|
| **<u>With each subsequent Premium payment on the Contract</u> -** | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  |
| **<u>With each subsequent Premium payment on the Contract</u> -** | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: |
| **<u>With each subsequent Premium payment on the Contract</u> -** | | ● | The **GAWA** percentage multiplied by the subsequent Premium payment net of any applicable Premium taxes; *<u>Or</u>* |
| **<u>With each subsequent Premium payment on the Contract</u> -** | | ● | The **GAWA** percentage multiplied by the increase in the <br>GWB – if the maximum GWB is hit. |

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We require prior approval for a subsequent Premium payment that would result in your Contract having $1 million of Premiums in the aggregate. We also reserve the right to refuse subsequent Premium payments. **The GWB can never be more than $10 million.** See Example 3b in Appendix D under section "IV. MarketGuard Stretch" to see how the GWB is recalculated when the $10 million maximum is hit.

***GMWB Maturity Year.*** On the Contract Anniversary occurring in the GMWB Maturity Year, an amount equal to the excess of the GWB over Contract Value will be paid to the Owner. If the GWB is less than the Contract Value, no payment will be made. In either case, the GWB will be set to zero and the GMWB will terminate. The GMWB Maturity Year is determined from the chart below based on the Owner's attained age on the latest required date for the first Stretch RMD. When determining the GMWB Maturity Year, the latest required date for the first Stretch RMD is considered the beginning of the first year.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Age</u>** | **<u>GMWB Maturity Year</u>** | **<u>Age</u>** | **<u>GMWB Maturity Year</u>** | **<u>Age</u>** | **<u>GMWB Maturity Year</u>** |
| 0 | 82 | 27 | 56 | 54 | 30 |
| 1 | 81 | 28 | 55 | 55 | 29 |
| 2 | 80 | 29 | 54 | 56 | 28 |
| 3 | 79 | 30 | 53 | 57 | 27 |
| 4 | 78 | 31 | 52 | 58 | 26 |
| 5 | 77 | 32 | 51 | 59 | 26 |
| 6 | 76 | 33 | 50 | 60 | 25 |
| 7 | 75 | 34 | 49 | 61 | 24 |
| 8 | 74 | 35 | 48 | 62 | 23 |
| 9 | 73 | 36 | 47 | 63 | 22 |
| 10 | 72 | 37 | 46 | 64 | 21 |
| 11 | 71 | 38 | 45 | 65 | 20 |
| 12 | 70 | 39 | 44 | 66 | 20 |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Age</u>** | **<u>GMWB Maturity Year</u>** | **<u>Age</u>** | **<u>GMWB Maturity Year</u>** | **<u>Age</u>** | **<u>GMWB Maturity Year</u>** |
| 13 | 69 | 40 | 43 | 67 | 19 |
| 14 | 68 | 41 | 42 | 68 | 18 |
| 15 | 67 | 42 | 41 | 69 | 17 |
| 16 | 66 | 43 | 40 | 70 | 16 |
| 17 | 65 | 44 | 39 | 71 | 16 |
| 18 | 64 | 45 | 38 | 72 | 15 |
| 19 | 63 | 46 | 37 | 73 | 14 |
| 20 | 62 | 47 | 36 | 74 | 14 |
| 21 | 62 | 48 | 35 | 75 | 13 |
| 22 | 61 | 49 | 35 | 76 | 12 |
| 23 | 60 | 50 | 34 | 77 | 12 |
| 24 | 59 | 51 | 33 | 78 | 11 |
| 25 | 58 | 52 | 32 | 79 | 10 |
| 26 | 57 | 53 | 31 | 80 | 10 |

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See Example 6 in Appendix D under section "IV. MarketGuard Stretch" to see how the GMWB Maturity Year affects your GMWB.

***GMWB Charge Increase.*** On each fifth Contract Anniversary, the GMWB charge may be increased. You will be notified in advance of a GMWB charge increase and may elect to opt out of the current charge increase and any future charge increases. Such election must be received in Good Order prior to the Contract Anniversary. **Upon such election, no future Premium payments will be allowed.** While electing to discontinue future Premium payments will prevent an increase in charge, you will be foregoing possible increases in your GMWB so carefully consider this decision should we notify you of a charge increase. Such election is final. All requests will be effective on the Contract Anniversary following receipt of the request in Good Order. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter. For more information, please see "MarketGuard Stretch GMWB Charge".

***Owner's Death.*** The Contract's death benefit is not affected by this GMWB <u>so long as Contract Value is greater than zero</u> and the Contract is still in the accumulation phase. Upon your death while the Contract is still in force, this GMWB terminates without value unless continued by the Beneficiary.

***Contract Value Is Zero*.** If your Contract Value is reduced to zero as the result of a partial withdrawal, contract charges or poor Fund performance and the GWB is greater than zero, the GWB will be paid to you on an annual basis, so long as the Contract is still in the accumulation phase. The total annual payment will equal the GAWA, but will not exceed the current GWB. If the GAWA percentage has not yet been determined, it will be set at the GAWA percentage corresponding to the Owner's attained age at the time the Contract Value is reduced to zero and the GAWA will be equal to the GAWA percentage multiplied by the GWB. On the Contract Anniversary occurring in the GMWB Maturity Year, any remaining GWB will be paid to the Owner and no further payments will be made.

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| | | | |
|:---|:---|:---|:---|
| **<u>After each payment when the Contract Value is zero</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | The GWB before the payment less the payment; *<u>Or</u>* |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | Zero. |
| **<u>After each payment when the Contract Value is zero</u> –** | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA, the GAWA is set equal to the GWB. |

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Subject to the Company's approval, you may elect to receive payments more frequently than annually. All other rights under your Contract cease and we will no longer accept subsequent Premium payments and all optional endorsements are terminated without value. Upon your death as the Owner, all payments cease and no death benefit is payable.

***Continuation By Beneficiary*.** Upon the death of the Owner under a Qualified Plan Contract with a single Beneficiary, the Beneficiary may elect to continue the GMWB. If elected, the GMWB will continue and may not be terminated subsequently. If the GAWA% has been determined, no adjustment will be made to the GWB, the GAWA, the GMWB Charge Base, or the GMWB Maturity Year, at the time of continuation. If the GAWA percentage has not yet been determined, it will be set at the GAWA

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percentage corresponding to the original Owner's attained age on the continuation date and the GAWA will be equal to the GAWA percentage multiplied by the GWB.

***Termination*.** This GMWB terminates subject to a prorated GMWB Charge assessed for the period since the last quarterly or monthly charge and all benefits cease on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Income Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of total withdrawal of Contract Value;

In taking a total withdrawal of your Contract Value, you will receive the Contract Value less any applicable charges and adjustments and not the GWB or the GAWA you would have received under this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of the Owner's death, <u>unless</u> the Beneficiary elects to continue a qualified Contract with the GMWB;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The first date the GWB equals zero.

***Effect of GMWB on Tax Deferral*.** This GMWB may not be appropriate for Owners who have as a primary objective taking maximum advantage of the tax deferral that is available to them under an annuity contract to accumulate assets. Please consult your tax and financial professionals before adding this GMWB to a Contract.

**Automatic Withdrawal Program.** You can arrange to have money automatically sent to you periodically while your Contract is still in the accumulation phase. You may withdraw a specified dollar amount of at least $50 per withdrawal. Your withdrawals may be on a monthly, quarterly, semi-annual or annual basis. If you have arranged for automatic withdrawals, schedule any planned step-up under a GMWB to occur prior to the withdrawal. Example 7 in Appendix D under sections "I. AutoGuard," and Example 9 in Appendix D under sections "II. Flex Net GMWB", "III. Flex GMWB" and "V. LifeGuard Freedom Accelerator" illustrates the consequences of a withdrawal preceding a step-up. There is no charge for the Automatic Withdrawal Program; however, you will have to pay taxes on the money you receive. You may also be subject to a withdrawal charge and a Market Value Adjustment.

**Suspension of Withdrawals or Transfers.** We may be required to suspend or delay withdrawals or transfers from an Investment Division when:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the New York Stock Exchange is closed (other than customary weekend and holiday closings);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• under applicable SEC rules, trading on the New York Stock Exchange is restricted;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• under applicable SEC rules, an emergency exists so that it is not reasonably practicable to dispose of securities in an Investment Division or determine the value of its assets; or,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the SEC, by order, may permit for the protection of Contract Owners.

We have reserved the right to defer payment for a withdrawal or transfer from the Fixed Account for up to six months or the period permitted by law.

**INCOME PAYMENTS (THE INCOME PHASE)**

The income phase of your Contract occurs when you begin receiving regular income payments from us. The Income Date is the day on which those payments begin. Once income payments begin, the Contract cannot be returned to the accumulation phase, and you will no longer be able to make withdrawals of Contract Value. The Income Date must be at least 13 months after the Contract's Issue Date. You can choose the Income Date and an income option. All of the Contract Value must be annuitized. The income options are described below.

If you do not choose an income option, we will assume that you selected Option 3, which provides a life annuity with 120 months of guaranteed payments.

You can change the Income Date or income option at least seven days before the Income Date, but changes to the Income Date may only be to a later date. You must give us written notice at least seven days before the scheduled Income Date. Income payments must

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begin by the Contract Anniversary on which you will be 95 years old, or such date allowed by the Company on a non-discriminatory basis or as required by an applicable qualified plan, law or regulation.

The required beginning date for required minimum distributions (RMDs) under qualified plans and Tax-Sheltered Annuities is generally no later than April 1st of the calendar year following the calendar year in which you attain the applicable age as noted in the table below or the calendar year in which you retire. The required beginning date for distributions from a qualified contract maintained for an IRA is generally no later than April 1st of the calendar year following the calendar year in which you attain the applicable age as noted in the table below. You do not necessarily have to annuitize your Contract to meet the minimum distribution requirements.

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| | |
|:---|:---|
| **If you were born:** | **Your "applicable age" is:** |
| Before July 1, 1949 | 70½ |
| After June 30, 1949 and before 1951 | 72 |
| After 1950 and before 1960 | 73 |
| In 1960 or later | 75 |

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At the Income Date, you can choose to receive fixed payments or variable payments based on the Investment Divisions. If you do not choose how to receive your income payments, your income payments will be based on the variable and fixed options that were in place on the Income Date. Income payments at the time of their commencement will not be less than those that would be provided by the application of your withdrawal value to purchase a single premium immediate annuity contract from us at the rates currently offered to annuitants in the same class as you on the Income Date. 100% of the Contract Value allocated to the Separate Account will be applied to Fixed Annuity Payments if elected.

You can choose to have income payments made monthly, quarterly, semi-annually, or annually. Or you can choose a single lump-sum payment. The frequency of payments you select will have an impact on the amount of each income payment. For example, an election to receive monthly payments will result in lower payment amounts than an election to receive annual payments. Similarly, an election to receive payments over a longer designated period will result in lower payment amounts than an election to receive payments over a shorter designated period. For income payment options involving life income, the actual age of the Annuitant(s) will affect the amount of each payment. Since payments based on older Annuitants are expected to be fewer in number, the amount of each income payment should be greater than payments based on younger Annuitants. If you have less than $2,000 to apply toward an income option, we may provide your payment in a single lump sum, part of which may be taxable as Federal Income. Likewise, if your first income payment would be less than $20, we may set the frequency of payments so that the first payment would be at least $20.

**Fixed Income Payments.** If you choose to receive fixed payments, the amount of each income payment will be determined by applying the portion of your Contract Value allocated to fixed payments, less any applicable Premium taxes and charges, to the rates in the annuity tables contained in the Contract applicable to the income option chosen. If the current annuity rates provided by us on contracts of this type would be more favorable to you, the current rates will be used.

**Variable Income Payments.** If you choose to have any portion of your income payments based upon one or more Investment Divisions, the dollar amount of your initial annuity payment will depend primarily upon the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the amount of your Contract Value you allocate to the Investment Division(s) on the Income Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the amount of any applicable Premium taxes, withdrawal charges and any Market Value Adjustment deducted from your Contract Value on the Income Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• which income option you select; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the investment factors listed in your Contract that translate the amount of your Contract Value (as adjusted for applicable charges, frequency of payment and commencement date) into initial payment amounts that are measured by the number of Annuity Units of the Investment Division(s) you select credited to your Contract.

The investment factors in your Contract are calculated based upon a variety of factors, including an assumed net investment rate of 1.0% and, if you select an income option with a life contingency, the age and gender of the Annuitant.

If the actual net investment rate experienced by an Investment Division exceeds the assumed net investment rate, variable annuity payments will increase over time. Conversely, if the actual net investment rate is less than the assumed net investment rate, variable

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annuity payments will decrease over time. If the actual net investment rate equals the assumed net investment rate, the variable annuity payments will remain constant.

We calculate the dollar amount of subsequent income payments that you receive based upon the performance of the Investment Divisions you select. If that performance (measured by changes in the value of Annuity Units) exceeds the assumed net investment rate, then your income payments will increase; if that performance is less than the assumed net investment rate, then your income payments will decrease. Neither expenses actually incurred (other than taxes on investment return), nor mortality actually experienced, will adversely affect the dollar amount of subsequent income payments.

**Income Options.** The Annuitant is the person whose life we look to when we make income payments (each description assumes that you are the Owner and Annuitant). Each income option is available as fixed payments or variable payments.

***Option 1*** - Life Income. This income option provides monthly payments for your life. No further payments are payable after your death. Thus, it is possible for you to receive only one payment if you died prior to the date the second payment is due. If you die after the Income Date but before the first monthly payment, the amount allocated to the income option will be paid to your Beneficiary.

***Option 2*** - Joint and Survivor. This income option provides monthly payments for your life and for the life of another person (usually your spouse) selected by you. Upon the death of either person, the monthly payments will continue during the lifetime of the survivor. No further payments are payable after the death of the survivor. If you and the person who is the joint life both die after the Income Date but before the first monthly payment, the amount allocated to the income option will be paid to your Beneficiary.

***Option 3*** - Life Annuity With at Least 120 or 240 Monthly Payments. This income option provides monthly payments for the Annuitant's life, but with payments continuing to the Beneficiary for the remainder of 10 or 20 years (as you select) if the Annuitant dies before the end of the selected period. If the Beneficiary does not want to receive the remaining guaranteed payments, a single lump sum may be requested, which will be equal to the present value of the remaining guaranteed payments (as of the date of calculation) discounted at an interest rate no higher than the rate used to calculate the initial payment.

***Option 4*** - Income for a Specified Period. This income option provides monthly payments for any number of years from 5 to 30. If the Beneficiary does not want to receive the remaining guaranteed payments, a single lump sum may be requested, which will be equal to the present value of the remaining guaranteed payments (as of the date of calculation) discounted at an interest rate no higher than the rate used to calculate the initial payment.

***Additional Options* -** We may make other income options available.

No withdrawals are permitted during the income phase under an income option that is life contingent.

**DEATH BENEFIT**

The Contract has a basic death benefit, which is payable during the accumulation phase. Instead, you may choose an add-on death benefit for an additional charge. The Flex DB NY add-on death benefit currently may only be selected at issue in conjunction with the purchase of the Flex GMWB with certain benefit options. At the time you purchased your Contract, different benefit option requirements may have been in place for election of the Flex DB NY. Please see "Appendix G (Historical Add-On Benefit Rates)" for more information. The add-on death benefits are only available at the time you apply for a Contract. In addition, once an add-on death benefit is chosen, it cannot be canceled. All add-on death benefits (except Flex DB NY and LifeGuard Freedom Accelerator DB NY) will terminate upon the death of the Owner. For more information about how your spousal Beneficiary may elect to continue Flex DB NY or LifeGuard Freedom Accelerator DB NY upon your death, please see "Spousal Continuation Option" on page [126](#i6a8c7a642b0f405da7cd588a87395385_259).

The effects of any GMWB on the amount payable to your Beneficiaries upon your death should be considered in selecting the death benefit in combination with a GMWB. Except as provided in certain of the GMWB endorsements, no death benefit will be paid upon your death in the event the Contract Value falls to zero.

The death benefit is due following our receipt of all required documentation in Good Order. Required documentation includes proof of death, a claim form, and any other documentation we reasonably require. If we have received proof of death and any other required documentation, we will calculate the share of the death benefit due to a Beneficiary of record using Contract values established at the close of business on the date we receive from that Beneficiary a claim form with a payment option elected. If we have not received proof of death or any other required documentation, we will calculate the share of the death benefit due to a Beneficiary of record using Contract values established at the close of business on the date we receive any remaining required documentation. As a result, market fluctuation may cause the calculation of a Beneficiary's death benefit share to differ from the calculation of another Beneficiary's death benefit share. We will pay interest on a Beneficiary's death benefit share as required by law.

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

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We will pay the Contract's basic death benefit unless you have elected one of the death benefit endorsements. If the Contract includes a guaranteed minimum death benefit, we will, according to the Contract's current allocation instructions on file, deposit into the Contract's Investment Divisions and Fixed Account the amount by which the guaranteed minimum death benefit exceeds the Contract's account value established at the close of business on the date we receive all documentation in Good Order from the first Beneficiary to submit a claim form.

**Basic Death Benefit.** If you die before moving to the income phase, the person you have chosen as your Beneficiary will receive a death benefit. If you have a joint Owner, the death benefit will be paid when the first joint Owner dies. The surviving joint Owner will be treated as the Beneficiary. Any other Beneficiary designated will be treated as a contingent Beneficiary. Only a spouse Beneficiary has the right to continue the Contract in force upon your death.

The death benefit equals the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• your Contract Value on the date we receive all required documentation from your Beneficiary; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• all Premiums paid into the Contract (net of any applicable premium taxes and charges), reduced for withdrawals (including any applicable charges and adjustments for such withdrawals) in proportion to the reduction in the Contract Value at the time of the withdrawal.

**Withdrawals may prematurely reduce the value of your death benefit.**

**Add-On Death Benefits.** Add-on death benefits are available but, because there is an additional annual charge for add-on death benefits, and because you cannot change your selection, please be sure that you have read about and understand the Contract's basic death benefit before selecting an add-on death benefit.

The add-on death benefits are designed to protect your Contract Value from potentially poor investment performance and the impact that poor investment performance could have on the amount of the basic death benefit. The Highest Anniversary Value GMDB is available if you are 79 years of age or younger on the Contract's Issue Date. The Flex DB NY is only available at issue in conjunction with the purchase of the Flex GMWB with certain benefit options and only if the Designated Life is 35 to 75 years of age on the Issue Date. At the time you purchased your Contract, different benefit option requirements may have been in place for election of the Flex DB NY. Please see "Appendix G (Historical Add-On Benefit Rates)" for more information. The older you are when your Contract is issued, the less advantageous it would be for you to select an add-on death benefit.

Each add-on death benefit is subject to our administrative rules to assure appropriate use, which administrative rules may be changed, as necessary. For purposes of the add-on death benefits, "Net Premiums" are defined as your Premium payments net of Premium taxes, reduced by any withdrawals (including applicable charges and deductions) at the time of the withdrawal in the same proportion that the Contract Value was reduced on the date of the withdrawal. Accordingly, if a withdrawal were to reduce the Contract Value by 50%, for example, Net Premiums would also be reduced by 50%. Similarly, with the "Highest Anniversary Value" component, the adjustment to your Contract Value for any withdrawals (including applicable charges and deductions) will have occurred proportionally at the time of the withdrawals. Please see the calculations for the Highest Anniversary Value Death Benefit below for more information.

**Following are the calculations for the add-on death benefits, which show how the values for each benefit are determined.** The Flex GMDB's features are supplemented by the examples in "Appendix D (GMWB Prospectus Examples)", in the subsections for Flex GMWB. The following GMDB's features are supplemented by the examples in "Appendix E (Add-on Death Benefit Prospectus Examples)".

***The Highest Anniversary Value Guaranteed Minimum Death Benefit*** changes your basic death benefit during the accumulation phase of your Contract to the greatest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;your Contract Value as of the end of the Business Day on which we receive all required documentation from your Beneficiary; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;the GMDB Benefit Base.

Unlike the basic death benefit, this add-on death benefit may provide value on or after the Income Date, which is the date on which you begin receiving annuity payments. If the Income Date is before the Owner attains the age of 95, then this add-on death benefit endorsement terminates and no death benefit is payable. However, if the Income Date is on the Latest Income Date, then the death benefit amount is equal to:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the GMDB Benefit Base on the Income Date; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Contract Value on the Income Date.

If there is a death benefit amount on or after the Income Date, it will be payable to the Beneficiary when due proof of the Owner's death is received by the Company in Good Order. If the Owner is not deceased as of the date that the final annuity payment under the elected income option is due, the death benefit amount will be payable in a lump sum to the Owner along with the final annuity payment.

On each fifth Contract Anniversary, the GMDB charge may be increased. If you elect to opt out of the charge increase and any future charge increases at the time an increase is announced, future Highest Anniversary Value increases to the GMDB Benefit Base will be discontinued. Upon such election, no future Premium payments will be allowed. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter. For more information, please see "Add-On Death Benefit - Highest Anniversary Value Guaranteed Minimum Death Benefit Charge".

***Flex DB NY*,** if elected, replaces your basic death benefit and is the only death benefit during the accumulation phase of your Contract. The Flex DB NY is the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)The Contract's Basic Death Benefit (see the description above); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) &nbsp;&nbsp;&nbsp;&nbsp;The GMWB Death Benefit, as calculated under this death benefit.

Prior to August 28, 2023, this add-on death benefit was called "LifeGuard Freedom Flex DB NY".

The Flex DB NY is available only at issue and in conjunction with certain benefit options under the Flex GMWB and only if the Covered Life is 35 to 75 years of age on the Issue Date. For more information on Covered Lives, please see "Flex with Joint Option GMWB." We reserve the right to prospectively restrict the benefit options that may be elected in connection with the Flex DB NY. Therefore, not all benefit options may be available at the time you are interested in electing this death benefit. Please refer to the current Rate Sheet Prospectus Supplement at <u>www.jackson.com/product-literature-4.html</u>, contact your financial professional, or contact us at our Jackson of NY Customer Care Center, for information regarding the current availability of the benefit options. At election, the GMWB Death Benefit equals the Flex GMWB Guaranteed Withdrawal Balance (GWB) associated with the benefit option you elect. When purchased at Contract issuance, the GWB is your initial Premium payment, net of any applicable Premium taxes.

At the time of a partial withdrawal, if the partial withdrawal plus all prior partial withdrawals made in the current Contract Year is less than or equal to the greater of (1) your Flex GMWB Guaranteed Annual Withdrawal Amount (GAWA) or (2) the required minimum distribution (RMD) under the Internal Revenue Code (for certain tax-qualified Contracts), the GMWB Death Benefit is equal to the greater of: (a) the GMWB Death Benefit prior to the partial withdrawal less the partial withdrawal, or (b) zero. If a partial withdrawal plus all prior partial withdrawals made in the current Contract Year exceed the greater of the GAWA or the RMD, the excess withdrawal is defined to be the lesser of (1) the amount of the partial withdrawal or (2) the amount by which the cumulative partial withdrawals for the current Contract Year exceeds the greater of the GAWA or the RMD; and the GMWB Death Benefit is equal to the greater of (a) the GMWB Death Benefit prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal, then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal, or (b) zero. **Therefore, please note that withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year may have a significantly negative impact on the value of this benefit and may lead to its premature termination.**

With each subsequent Premium received after this endorsement is effective, the GMWB Death Benefit is recalculated to equal the GMWB Death Benefit prior to the Premium payment plus the amount of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10 million.

In addition, on each Contract Anniversary following the effective date of the endorsement, the GMWB Death Benefit will automatically step up to the Contract Value if the Contract Value is greater than the GMWB Death Benefit, subject to a maximum of $10 million.

On each fifth Contract Anniversary, the GMWB Death Benefit charge may be increased. If you elect to opt out of the current charge increase and any future charge increases at the time an increase is announced, Premium payments subsequent to that election will not

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be allowed. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter. For more information, please see "Add-On Death Benefit - Flex DB NY Charge".

The GMWB Death Benefit is not adjusted upon step-up of the Flex GMWB Guaranteed Withdrawal Balance (GWB), the application of the GWB adjustment or the application of any bonus. **The GMWB Death Benefit will terminate on the date the Contract Value equals zero.**

Upon continuation of the Contract by a spousal joint Owner or a spousal Beneficiary, the surviving spouse may elect to terminate Flex GMWB, in which case the GMWB death benefit will be included in the calculation of the continuation adjustment (which is the amount by which the death benefit that would have been payable exceeds the Contract Value). If the spouse does not make such an election, the endorsement, including the death benefit thereunder, will continue in accordance with its terms, but the GMWB death benefit will not be included in the continuation adjustment. For more information about how the Flex GMWB works, including how the GWB and GAWA are calculated, please see "Flex GMWB" beginning on page [52](#i6a8c7a642b0f405da7cd588a87395385_202).

Unlike the basic death benefit, Flex GMWB may provide a death benefit on or after the Income Date, which is the date on which you begin receiving annuity payments. If the Income Date is before the Latest Income Date, then this endorsement terminates and no death benefit under the endorsement is payable. However, if the Income Date is on the date the Latest Income Date and one of the following income options is elected, then the corresponding death benefit is payable:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*• Life Income of the GAWA*. If this income option is elected, the death benefit payable to the Beneficiary when due proof of the Owner's (or either joint Owner's) death is received by the Company in Good Order is equal to the GMWB Death Benefit as of the Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*• Specified Period Income of the GAWA*. If this income option is elected, the death benefit payable to the Beneficiary when due proof of the Owner's (or either joint Owner's) death is received by the Company in Good Order is equal to the GMWB Death Benefit as of the Income Date.

If, under this income option, no Owner is deceased as of the date that the final payment of the remaining GWB is due, the death benefit will be payable in a lump sum to the Owner(s) along with the remaining GWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*• Life Income*. If this income option is elected and the Owner is the Annuitant or is a legal entity, the death benefit payable to the Beneficiary when due proof of the Annuitant's death is received by the Company in Good Order is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the GMWB Death Benefit on the Latest Income Date; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Contract Value on the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Joint and Survivor*. If this income option is elected and the Owner is the Annuitant or is a legal entity, the death benefit payable to the Beneficiary when due proof of the survivor payee's death is received by the Company in Good Order is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the GMWB Death Benefit on the Latest Income Date; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Contract Value on the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*• Life Annuity With at Least 120 Monthly Payments*. If this income option is elected and the Owner is the Annuitant or is a legal entity, the death benefit payable to the Beneficiary when due proof of the Annuitant's death is received by the Company in Good Order is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the GMWB Death Benefit on the Latest Income Date; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Contract Value on the Latest Income Date.

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The death benefits under the Income Options vary depending on which Income Option you select. Either the GMWB Death Benefit (calculated, described above), with or without any remaining GWB, or the excess of the GMWB Death Benefit over the Contract Value is payable. Each is computed on the Income Date. For more information on these Income Options, see "Flex GMWB – Annuitization" beginning on page [59](#i9aec1afa6e2b43b6bc8a447c9ead8d91_44664), and "Income Options" beginning on page [120](#i6a8c7a642b0f405da7cd588a87395385_232).

***LifeGuard Freedom Accelerator DB NY***, if elected, replaces your basic death benefit and is the only death benefit during the accumulation phase of your Contract.

**PLEASE NOTE: EFFECTIVE AUGUST 28, 2023, THIS ENDORSEMENT IS NO LONGER AVAILABLE FOR ELECTION.**

The LifeGuard Freedom Accelerator DB NY is the greater of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)The Contract's Basic Death Benefit (see the description above); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)The GMWB Death Benefit, as calculated under this death benefit.

The LifeGuard Freedom Accelerator DB NY is available only at issue and in conjunction with the LifeGuard Freedom Accelerator GMWB and only if the Covered Life is 45 to 75 years of age on the date that the endorsement is issued in connection with the Contract. For more information on Covered Lives, please see "LifeGuard Freedom Accelerator with Joint Option GMWB." We reserve the right to prospectively change the starting GAWA% and Deferral Credit% tables associated with the LifeGuard Freedom Accelerator DB NY. Please refer to the current Rate Sheet Prospectus Supplement at <u>www.jackson.com/product-literature-4.html</u>, contact your financial professional, or contact us at our Jackson of NY Customer Care Center, for information regarding the current starting GAWA% and Deferral Credit% tables. At election, the GMWB Death Benefit equals the LifeGuard Freedom Accelerator Guaranteed Withdrawal Balance (GWB). When purchased at Contract issuance, the GWB is your initial Premium payment, net of any applicable Premium taxes.

At the time of a partial withdrawal, if the partial withdrawal plus all prior partial withdrawals made in the current Contract Year is less than or equal to the greater of (1) LifeGuard Freedom Accelerator Guaranteed Annual Withdrawal Amount (GAWA) or (2) the required minimum distribution (RMD) under the Internal Revenue Code (for certain tax-qualified Contracts), the GMWB Death Benefit is equal to the greater of: (a) the GMWB Death Benefit prior to the partial withdrawal less the partial withdrawal, or (b) zero. If a partial withdrawal plus all prior partial withdrawals made in the current Contract Year exceed the greater of the GAWA or the RMD, the excess withdrawal is defined to be the lesser of (1) the total amount of the current partial withdrawal or (2) the amount by which the cumulative partial withdrawals for the current Contract Year exceed the greater of the GAWA or the RMD; and the GMWB Death Benefit is equal to the greater of (a) the GMWB Death Benefit prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an excess withdrawal, then reduced in the same proportion that the Contract Value is reduced by the excess withdrawal, or (b) zero. **Therefore, please note that withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year may have a significantly negative impact on the value of this benefit and may lead to its premature termination.**

With each subsequent Premium received after this endorsement is effective, the GMWB Death Benefit is recalculated to equal the GMWB Death Benefit prior to the Premium payment plus the amount of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10,000,000.

In addition, on each Contract Anniversary following the effective date of the endorsement, the GMWB Death Benefit will automatically step up to the Contract Value if the Contract Value is greater than the GMWB Death Benefit, subject to a maximum of $10,000,000.

On each fifth Contract Anniversary, the GMWB Death Benefit charge may be increased. If you elect to opt out of the current charge increase and any future charge increases at the time an increase is announced, Premium payments subsequent to that election will not be allowed. Charge increases under this provision may only occur every five years on the Contract Anniversary. If we opt not to increase a charge under this provision, the charge will not be subject to increase again until the Contract Anniversary five years thereafter. For more information, please see "Death Benefit Charges".

The GMWB Death Benefit is not adjusted upon step-up of the LifeGuard Freedom Accelerator GWB, or the application of deferral credits. **The GMWB Death Benefit will terminate on the date the Contract Value equals zero.**

Upon continuation of the Contract by a spousal Beneficiary, the surviving spouse may elect to terminate LifeGuard Freedom Accelerator, in which case the GMWB death benefit will be included in the calculation of the continuation adjustment (the amount by which the death benefit that would have been payable exceeds the Contract Value). If the spouse does not make such an election, the

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endorsement, including the death benefit thereunder, will continue in accordance with its terms, but the GMWB death benefit will not be included in the continuation adjustment.

For more information about how the LifeGuard Freedom Accelerator GMWB works, including how the GWB and GAWA are calculated, please see "For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits And Annual Step-Up ("LifeGuard Freedom Accelerator GMWB")" beginning on page [97](#i6a8c7a642b0f405da7cd588a87395385_208).

Unlike the basic death benefit, LifeGuard Freedom Accelerator DB NY may provide a death benefit on or after the Income Date, which is the date on which you begin receiving annuity payments. If the Income Date is before the Latest Income Date, then this endorsement terminates and no death benefit under the endorsement is payable. However, if the Income Date is on the Latest Income Date and one of the following income options is elected, then the corresponding death benefit is payable:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Life Income of the GAWA*. This option is only available if the For Life Guarantee is in effect on the Latest Income Date. If this income option is elected, the death benefit payable to the Beneficiary when due proof of the Owner's (or either joint Owner's) death is received by the Company in Good Order is equal to the GMWB Death Benefit as of the Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Specified Period Income of the GAWA*. This option is only available if the For Life Guarantee is not in effect on the Latest Income Date. If this income option is elected, the death benefit payable to the Beneficiary when due proof of the Owner's (or either joint Owner's) death is received by the Company in Good Order is equal to the GMWB Death Benefit as of the Income Date.

If, under this income option, no Owner is deceased as of the date that the final payment of the remaining GWB is due, the death benefit will be payable in a lump sum to the Owner(s) along with the remaining GWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Life Income*. This option is only available if the Owner is the Annuitant or is an entity and the GMWB Death Benefit has not been terminated. If this income option is elected, the death benefit payable to the Beneficiary when due proof of the Annuitant's death is received by the Company in Good Order is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)the GMWB Death Benefit on the Latest Income Date; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)the Contract Value on the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Joint and Survivor*. This option is only available if the Owner is the Annuitant or is an entity and the GMWB Death Benefit has not been terminated. If this income option is elected, the death benefit payable to the Beneficiary when due proof of the survivor payee's death is received by the Company in Good Order is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)the GMWB Death Benefit on the Latest Income Date; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)the Contract Value on the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• *Life Annuity With at Least 120 Monthly Payments*. This option is only available if the Owner is the Annuitant or is an entity and the GMWB Death Benefit has not been terminated. If this income option is elected, the death benefit payable to the Beneficiary when due proof of the Annuitant's death is received by the Company in Good Order is equal to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)the GMWB Death Benefit on the Latest Income Date; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)the Contract Value on the Latest Income Date.

The death benefits under the Income Options vary depending on which Income Option you select. Either the GMWB Death Benefit (calculated, described above), with or without any remaining GWB, or the excess of the GMWB Death Benefit over the Contract Value is payable. Each is computed on the Income Date. For more information on these Income Options, see "LifeGuard Freedom Accelerator GMWB - Annuitization" beginning on page [103](#ie0240ce6cbd9412c937604c3506bc6a7_45923), and "Income Options" beginning on page [120](#i6a8c7a642b0f405da7cd588a87395385_232)."

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**Payout Options.** The basic death benefit and the add-on death benefits can be paid under one of the following payout options:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• single lump-sum payment;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• payment of entire death benefit within 5 years of the date of death;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• on non-qualified contracts or for spousal Beneficiaries or Eligible Designated Beneficiaries on qualified contracts, payment of the entire death benefit under an income option over the Beneficiary's lifetime or for a period not extending beyond the Beneficiary's life expectancy. Any portion of the death benefit not applied under an income option within one year of the Owner's death, however, must be paid within five years of the date of the Owner's death on non-qualified contracts; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• on qualified contracts, payment of the entire death benefit under an income option over a period not extending beyond ten (10) years, with distribution beginning within the calendar year following the calendar year of the Owner's death.

Under these payout options, the Beneficiary may also elect to receive additional lump sums at any time. The receipt of any additional lump sums will reduce the future income payments to the Beneficiary.

If the Beneficiary elects to receive the death benefit as an income option, the Beneficiary must make that payout option election within 60 days of the date we receive proof of death and payments of the death benefit must begin within one year of the date of death. If the Beneficiary chooses to receive some or all of the death benefit in a single sum and all the necessary requirements are met, we will pay the death benefit within seven days. If your Beneficiary is your spouse, he/she may elect to continue the Contract, at the current Contract Value, in his/her own name. If no payout option is selected, the entire death benefit will be paid within 5 years of the Owner's date of death. The death benefit will remain invested in the Investment Divisions in accordance with the allocation instructions given by the Owner until a payout option is selected, or new instructions are received from the Beneficiary after the claim is processed. For more information, please see "Spousal Continuation Option" below.

**Pre-Selected Payout Options**. As Owner, you may also make a predetermined selection of the death benefit payout option if your death occurs before the Income Date. However, at the time of your death, we may modify the death benefit option if the death benefit you selected exceeds the life expectancy of the Beneficiary. If this Pre-selected Death Benefit Option Election is in force at the time of your death, the payment of the death benefit may not be postponed, nor can the Contract be continued under any other provisions of this Contract. This restriction applies even if the Beneficiary is your spouse, unless such restriction is prohibited by the Internal Revenue Code. If the Beneficiary does not submit the required documentation for the death benefit to us within one year of your death, however, the death benefit must be paid, in a single lump sum, within five years of your death.

**Spousal Continuation Option.** If your spouse is the sole Beneficiary and elects to continue the Contract in his or her own name after your death, pursuant to the Spousal Continuation Option, no death benefit will be paid at that time. Instead, except as described below, we will apply a continuation adjustment to the Contract, which is the amount by which the death benefit that would have been payable exceeds the Contract Value. A continuation adjustment will not be made if your Contract includes the Flex DB NY or LifeGuard Freedom Accelerator DB NY and your spouse continues that benefit after your death. We calculate the continuation adjustment amount using the Contract Value and death benefit as of the date we receive all required documentation from the Beneficiary of record and the spousal Beneficiary's written request to continue the Contract (the "Continuation Date"). We will add this amount to the Contract based on the current allocation instructions at the time of your death, subject to any minimum allocation restrictions, unless we receive other allocation instructions from your spouse.

If your spouse continues the Contract in his/her own name under the Spousal Continuation Option, the new Contract Value will be considered the initial Premium for purposes of determining any future death benefit under the Contract. The age of the surviving spouse at the time of the continuation of the Contract will be used to determine all benefits under the Contract prospectively, so the death benefit may be at a different level.

If your spouse elects to continue the Contract, your spouse may elect to terminate any existing GMWB on the Continuation Date, and no further GMWB charges will be deducted. If your spouse does not elect to terminate a GMWB on the Continuation Date, the GMWB will continue, GMWB charges will continue to be deducted, and the GMWB may not subsequently be terminated independently from the Contract. For more information, please see the respective GMWB subsections in this prospectus. Any add-on Guaranteed Minimum Death Benefit (except Flex DB NY and LifeGuard Freedom Accelerator DB NY) will terminate upon the death of the Owner. The Flex DB NY and LifeGuard Freedom Accelerator DB NY will continue for your spouse unless your spouse chooses to terminate the death benefit and the associated Flex GMWB or LifeGuard Freedom Accelerator GMWB.

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The Spousal Continuation Option is available to elect one time on the Contract. However, if the Pre-selected Death Benefit Option Election is in force at the time of your death, the payment of the death benefit may not be postponed, nor can the Contract be continued under any other provisions of this Contract. This restriction applies even if the Beneficiary is your spouse, unless such restriction is prohibited by the Internal Revenue Code. The Spousal Continuation Option is not available in the event the original Owner has been changed, or the Contract has been previously assigned. On tax-qualified Contracts, the Spousal Continuation Option is only available if the spouse is the sole Beneficiary.

**Death of Owner On or After the Income Date.** If you or a joint Owner dies, and is not the Annuitant, on or after the Income Date, any remaining payments under the income option elected will continue at least as rapidly as under the method of distribution in effect at the date of death. If you die, the Beneficiary becomes the Owner. If the joint Owner dies, the surviving joint Owner, if any, will be the designated Beneficiary. Any other Beneficiary designation on record at the time of death will be treated as a contingent Beneficiary. A contingent Beneficiary is entitled to receive payment only after the Beneficiary dies.

**Death of Annuitant.** If the Annuitant is not an Owner or joint Owner and dies before the Income Date, you can name a new Annuitant, subject to our underwriting rules. If you do not name a new Annuitant within 30 days of the death of the Annuitant, you will become the Annuitant. However, if the Owner is a legal entity (for example, a corporation), then the death of the Annuitant will be treated as the death of the Owner, and a new Annuitant may not be named.

If the Annuitant dies on or after the Income Date, any remaining guaranteed payments will be paid to the Beneficiary as provided for in the income option selected. Any remaining guaranteed payments will be paid at least as rapidly as under the method of distribution in effect at the Annuitant's death.

**Stretch Contracts.** The beneficiary of death benefit proceeds from another company's non-qualified annuity contract or the eligible designated Beneficiary (as defined by the Internal Revenue Code and implementing regulations) of death benefit proceeds from another company's tax-qualified annuity contract or plan, may use the death benefit proceeds to purchase a Contract ("Stretch Contract") from us. The beneficiary of the prior contract or plan ("Beneficial Owner") must begin taking distributions, or must have begun taking distributions under the prior contract or plan, within one year of the decedent's death. The distributions must be taken over a period not to exceed the life expectancy of the Beneficial Owner, and the distributions must satisfy the minimum distribution requirements resulting from the decedent's death as defined by the Internal Revenue Code and implementing regulations. (See "Non-Qualified Contracts – Required Distributions" on page [129](#i6a8c7a642b0f405da7cd588a87395385_289).) Upon the Beneficial Owner's death, under a tax-qualified Stretch Contract, the designated Beneficiary must distribute the Contract Value on or before the end of the 10th year after the Beneficial Owner's death. We will waive withdrawal charges on any withdrawal necessary to satisfy the minimum distribution requirements. Withdrawals in excess of the minimum distribution requirements may be taken at any time, subject to applicable withdrawal charges.

The rights of Beneficial Owners are limited to those applicable to the distribution of the death benefit proceeds. Add-on benefits, other than MarketGuard Stretch GMWB, are not available.

**Special requirements apply to non-qualified Stretch Contracts.** All Premium payments must be received in the form of a full or partial 1035 exchange of the death benefit proceeds from a non-qualified annuity contract and other forms of Premium payments are not permitted. Joint ownership is not permitted. **Please read the Contract and accompanying endorsement carefully for more information about these and other requirements.**

**TAXES**

***The following is only a general discussion of certain federal income tax issues and is not intended as tax advice to any individual. Jackson of NY does not make any guarantee regarding the tax status of any Contract or any transaction involving the Contracts. It should be understood that the following discussion is not exhaustive and that other special rules may be applicable in certain situations. Moreover, no attempt has been made to consider any applicable state or other tax laws or to compare the tax treatment of the Contracts to the tax treatment of any other investment. You are responsible for determining whether your purchase of a Contract, withdrawals, income payments, and any other transactions under your Contract satisfy applicable tax law. Additional tax information is included in the Statement of Additional Information ("SAI"). You should consult your own tax advisor as to how these general rules will apply to you if you purchase a Contract.***

**CONTRACT OWNER TAXATION**

**Tax-Qualified and Non-Qualified Contracts.** If you purchase your Contract as a part of a tax-qualified plan such as an Individual Retirement Annuity (IRA), Tax-Sheltered Annuity (sometimes referred to as a 403(b) contract), or pension or profit-sharing

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plan (including a 401(k) plan or H.R. 10 Plan) your Contract will be what is referred to as a tax-qualified contract. Tax deferral under a tax-qualified contract arises under the specific provisions of the Internal Revenue Code (Code) governing the tax-qualified plan, so a tax-qualified contract should be purchased only for the features and benefits other than tax deferral that are available under a tax-qualified contract, and not for the purpose of obtaining tax deferral. You should consult your own advisor regarding these features and benefits of the Contract prior to purchasing a tax-qualified contract.

If you do not purchase your Contract as a part of any tax-qualified pension plan, specially sponsored program or an individual retirement annuity, your Contract will be what is referred to as a non-qualified contract. Some broker-dealers only offer the Contracts as non-qualified contracts.

The amount of your tax liability on the earnings under and the amounts received from either a tax-qualified or a non-qualified contract will vary depending on the specific tax rules applicable to your Contract and your particular circumstances.

**Non-Qualified Contracts – General Taxation.** Increases in the value of a non-qualified Contract attributable to undistributed earnings are generally not taxable to the Contract Owner or the Annuitant until a distribution (either a withdrawal, including withdrawals under any GMWB you may elect, or an income payment) is made from the Contract. This tax deferral is generally not available under a non-qualified Contract owned by a legal entity (e.g., a corporation or certain other entities other than a trust holding the Contract as an agent for a natural person). Loans, assignments, or pledges based on a non-qualified Contract are treated as distributions.

**Non-Qualified Contracts – Aggregation of Contracts.** For purposes of determining the taxability of a withdrawal, the Code provides that all non-qualified contracts issued by us (or an affiliate) to you during any calendar year must be treated as one annuity contract. Additional rules may be promulgated under this Code provision to prevent avoidance of its effect through the ownership of serial contracts or otherwise.

**Non-Qualified Contracts – Withdrawals and Income Payments.** Any withdrawal from a non-qualified Contract, including withdrawals under any GMWB you may elect, is taxable as ordinary income to the extent it does not exceed the accumulated earnings under the Contract. In contrast, a part of each income payment under a non-qualified Contract is generally treated as a non-taxable return of Premium. The balance of each income payment is taxable as ordinary income. The amounts of the taxable and non-taxable portions of each income payment are determined based on the amount of the investment in the Contract and the length of the period over which income payments are to be made. Income payments received after all of your investment in the Contract is recovered are fully taxable as ordinary income. Additional information is provided in the SAI.

The Code also imposes a 10% penalty on certain taxable amounts received under a non-qualified Contract. This penalty tax will not apply to any amounts:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• paid on or after the date you reach age 59½;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• paid to your Beneficiary after you die;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• paid if you become totally disabled (as that term is defined in the Code);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• paid in a series of substantially equal periodic payments made annually (or more frequently) for your life (or life expectancy) or for a period not exceeding the joint lives (or joint life expectancies) of you and your Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• paid under an immediate annuity;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• which come from Premiums made prior to August 14, 1982; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• other distributions as provided under applicable federal tax law.

The taxable portion of distributions from a non-qualified annuity Contract are considered investment income for purposes of the Medicare tax on investment income. As a result, a 3.8% tax will generally apply to some or all of the taxable portion of distributions to individuals whose modified adjusted gross income exceeds certain threshold amounts. These levels are $200,000 in the case of unmarried head of household taxpayers, $250,000 in the case of married taxpayers filing joint returns, $250,000 in case of Qualifying

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surviving spouse with dependent child, and $125,000 in the case of married taxpayers filing separately. Owners should consult their own tax advisors for more information.

**Non-Qualified Contracts – Required Distributions.** In order to be treated as an annuity contract for federal income tax purposes, the Code requires any nonqualified contract issued after January 18, 1985 to provide that (a) if an Owner dies on or after the annuity starting date but prior to the time the entire interest in the contract has been distributed, the remaining portion of such interest

will be distributed at least as rapidly as under the method of distribution being used as of the date of that Owner's death; and (b) if an Owner dies prior to the annuity starting date, the entire interest in the contract must be distributed within five years after the date of the Owner's death. If the owner is a legal entity, the death of any annuitant is treated as the death of the owner for this purpose.

The requirements of (b) above can be considered satisfied if the Owner's interest which is payable to or for the benefit of a "designated Beneficiary" is distributed over the life of such Beneficiary or over a period not extending beyond the life expectancy of that Beneficiary and such distributions begin within one year of that Owner's death. The Owner's "designated Beneficiary," who must be a natural person, is the person designated by such Owner as a Beneficiary and to whom ownership of the Contract passes by reason of death. However, if the Owner's "designated Beneficiary" is the surviving spouse of the Owner, the Contract may be continued with the surviving spouse as the new Owner. A surviving spouse must meet the requirements under federal tax law to continue the contract.

**Non-Qualified Contracts - 1035 Exchanges.** Under Section 1035 of the Code, you can purchase a variable annuity contract through a tax-free exchange of another annuity contract, or a life insurance or endowment contract. For the exchange to be tax-free under Section 1035, the owner and annuitant must be the same under the original annuity contract and the Contract issued to you in the exchange. If the original contract is a life insurance contract or endowment contract, the owner and the insured on the original contract must be the same as the owner and annuitant on the Contract issued to you in the exchange. In addition, the Premium must be sent directly from the original contract carrier to Jackson. Under certain circumstances, partial withdrawals may be treated as a tax-free "partial 1035 exchange" (please see the SAI for more information).

**Tax-Qualified Contracts – Withdrawals and Income Payments.** The Code imposes limits on loans, withdrawals and income payments under tax-qualified Contracts. The Code also imposes required minimum distributions for tax-qualified Contracts and a 10% penalty on certain taxable amounts received prematurely under a tax-qualified Contract. These limits, required minimum distributions, tax penalties and the tax computation rules are summarized in the SAI. Any withdrawals under a tax-qualified Contract, including withdrawals under any GMWB you may elect, will be taxable except to the extent they are allocable to an investment in the Contract (any after-tax contributions). In most cases, there will be little or no investment in the Contract for a tax-qualified Contract because contributions will have been made on a pre-tax or tax-deductible basis.

**Withdrawals – Tax-Sheltered Annuities.** The Code limits the withdrawal of amounts attributable to Premium payments made under a salary reduction agreement from Tax-Sheltered Annuities. Withdrawals can only be made when an Owner:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• reaches age 59½;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• leaves his/her job;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• dies;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• becomes disabled (as that term is defined in the Code); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• experiences hardship. However, in the case of hardship, the Owner can only withdraw the Premium and not any earnings.

**Withdrawals – Roth IRAs.** Subject to certain limitations, individuals may also purchase a type of non-deductible IRA annuity known as a Roth IRA annuity. Qualified distributions from Roth IRA annuities are entirely federal income-tax free. A qualified distribution requires that the individual has held the Roth IRA annuity for at least five years and, in addition, that the distribution is made either after the individual reaches age 59½, on account of the individual's death or disability, or as a qualified first-time home purchase, subject to $10,000 lifetime maximum, for the individual, or for a spouse, child, grandchild or ancestor. See SAI for additional details about Roth IRAs.

**Death Benefits.** None of the death benefits paid under the Contract to the Beneficiary will be tax-exempt life insurance benefits. The rules governing the taxation of payments from an annuity Contract, as discussed above, generally apply to the payment of death benefits and depend on whether the death benefits are paid as a lump sum or as annuity payments. Estate or gift taxes may also apply.

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**Assignment.** An assignment of your Contract will generally be a taxable event. Assignments of a tax-qualified Contract may also be limited by the Code and the Employee Retirement Income Security Act of 1974, as amended. These limits are summarized in the SAI. You should consult your tax advisor prior to making any assignment of your Contract.

An assignment or pledge of all or any portion of the value of a Non-Qualified Contract is treated under Section 72 of the Code as an amount not received as an annuity. The total value of the Contract assigned or pledged that exceeds the aggregate Premiums paid will be included in the individual's gross income. In addition, the amount included in the individual's gross income could also be subject to the 10% penalty tax discussed in connection with Non-Qualified Contracts.

An assignment or pledge of all or any portion of the value of a Qualified Contract will disqualify the Qualified Contract. The Code requires the Qualified Contract to be nontransferable.

**Diversification.** The Code provides that the underlying investments for a non-qualified variable annuity must satisfy certain diversification requirements in order to be treated as an annuity Contract. We believe that the underlying investments are being managed so as to comply with these requirements. A fuller discussion of the diversification requirements is contained in the SAI.

**Owner Control.** In a Revenue Ruling issued in 2003, the Internal Revenue Service (IRS) considered certain variable annuity and variable life insurance Contracts and held that the types of actual and potential control that the Contract Owners could exercise over the investment assets held by the insurance company under these variable Contracts was not sufficient to cause the Contract Owners to be treated as the Owners of those assets and thus to be subject to current income tax on the income and gains produced by those assets. Under the Contract, like the contracts described in the Revenue Ruling, there will be no arrangement, plan, Contract or agreement between the Contract Owner and Jackson of NY regarding the availability of a particular investment option and other than the Contract Owner's right to allocate Premiums and transfer funds among the available sub-accounts, all investment decisions concerning the sub-accounts will be made by the insurance company or an adviser in its sole and absolute discretion. See Revenue Rule 2003-91 and the SAI for additional details.

**Withholding.** In general, the income portion of distributions from a Contract are subject to 10% federal income tax withholding and the income portion of income payments are subject to withholding at the same rate as wages unless you elect not to have tax withheld. Some states have enacted similar rules. Different rules may apply to payments delivered outside the United States.

Eligible rollover distributions from a Contract issued under certain types of tax-qualified plans will be subject to federal tax withholding at a mandatory 20% rate unless the distribution is made as a direct rollover to a tax-qualified plan or to an individual retirement account or annuity.

The Code generally allows the rollover of most distributions to and from tax-qualified plans, tax-sheltered annuities, Individual Retirement Annuities and eligible deferred compensation plans of state or local governments. Distributions from other tax-qualified plans which may not be rolled over are those which are:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;one of a series of substantially equal annual (or more frequent) payments made (a) over the life or life expectancy of the employee, (b) the joint lives or joint life expectancies of the employee and the employee's Beneficiary, or (c) for a specified period of ten years or more;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;a required minimum distribution; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;a hardship withdrawal.

Jackson of NY reserves the right to change tax reporting practices where it determines that a change is necessary to comply with federal or state tax rules (whether formal or informal).

**Annuity Purchases by Nonresident Aliens and Foreign Corporations.** The discussion above provides general information regarding U.S. federal income tax consequences to annuity purchasers that are U.S. citizens or residents. Purchasers that are not U.S. citizens or residents will generally be subject to U.S. federal withholding tax on taxable distributions from annuity contracts at a 30% rate, unless a lower treaty rate applies. In addition, purchasers may be subject to state and/or municipal taxes and taxes that may be imposed by the purchaser's country of citizenship or residence. Prospective purchasers are advised to consult with a qualified tax adviser regarding U.S. state, and foreign taxation with respect to an annuity contract purchase.

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**Definition of Spouse.** The Contract provides that upon your death, a surviving spouse may have certain continuation rights that he or she may elect to exercise for the Contract's death benefit and any joint-life coverage under an add-on living benefit. All Contract provisions relating to spousal continuation are available only to a person who meets the definition of "spouse" under federal law. The U.S. Supreme Court has held that same-sex marriages must be permitted under state law and that marriages recognized under state law will be recognized for federal law purposes. Domestic partnerships and civil unions that are not recognized as legal marriages under state law, however, will not be treated as marriages under federal law. Consult a tax adviser for more information on this subject.

**Transfers, Assignments or Exchanges of a Contract.** A transfer or assignment of ownership of a Contract, the designation of an annuitant other than the owner, the selection of certain maturity dates, or the exchange of a Contract may result in certain tax consequences to you that are not discussed herein. An owner contemplating any such transfer, assignment or exchange, should consult a tax advisor as to the tax consequences.

**Tax Law Changes***.* Although the likelihood of legislative changes is uncertain, there is always the possibility that the tax treatment of the Contract could change by legislation or otherwise. Consult a tax adviser with respect to legislative developments and their effect on the Contract.

We have the right to modify the contract in response to legislative changes that could otherwise diminish the favorable tax treatment that annuity contract owners currently receive. We make no guarantee regarding the tax status of any contract and do not intend the above discussion as tax advice.

**JACKSON OF NY TAXATION**

We reserve the right to deduct from the Contract Value any taxes attributed to the Contract and paid by us to any government entity (including, but not limited to, Premium Taxes, Federal, state and local withholding of income, estate, inheritance, other taxes required by law and any new or increased federal or state income taxes that may be enacted into law). Premium taxes generally range from 0% to 2%, which are applicable only in certain jurisdictions. We will determine when taxes relate to the Contract.

We may pay taxes when due and deduct that amount from the Contract Value at a later date. Payment at an earlier date does not waive any right we may have to deduct amounts at a later date. We will withhold taxes required by law from any amounts payable from this Contract.

In calculating our corporate income tax liability, we derive certain corporate income tax benefits associated with the investment of company assets, including separate account assets that are treated as company assets under applicable income tax law. These benefits reduce our overall corporate income tax liability. Under current law, such benefits may include dividends received deductions and foreign tax credits which can be material. We do not pass these benefits through to the separate accounts, principally because: (i) the great bulk of the benefits results from the dividends received deduction, which involves no reduction in the dollar amount of dividends that the separate account receives; (ii) product owners are not the owners of the assets generating the benefits under applicable income tax law; and (iii) we do not currently include company income taxes in the charges owners pay under the products.

**OTHER INFORMATION**

**Dollar Cost Averaging.** You can arrange to have a dollar amount or percentage of money periodically transferred automatically into the Investment Divisions and other Fixed Account Options (if currently available) (each a "Designated Option") from the one-year Fixed Account (if currently available) or any of the Investment Divisions (each a "Source Option"). If we impose any transfer restrictions on the one-year Fixed Account Option as discussed in numbered paragraphs 1-4 under "Transfers and Frequent Transfer Restrictions," then (i) the one-year Fixed Account Option can be used as a Source Option for Dollar Cost Averaging only with respect to new Premiums that are allocated to that Source Option, (ii) only a twelve-month Dollar Cost Averaging period may be selected, (iii) transfers out of the one-year Fixed Account Option pursuant to such Dollar Cost Averaging will not count against the maximum

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amount limitations we have imposed on transfers out of the one-year Fixed Account Option and (iv) transfers from that Source Option other than such scheduled transfers will not be permitted.

In the case of transfers from the one-year Fixed Account or Investment Divisions with a less volatile unit value, Dollar Cost Averaging can let you pay a lower average cost per unit over time than you would receive if you made a one-time purchase. Transfers from the more volatile Investment Divisions may not result in lower average costs and such Investment Divisions may not be an appropriate source of dollar cost averaging transfers in volatile markets.

There is no charge for Dollar Cost Averaging. You may cancel your Dollar Cost Averaging program using whatever methods you use to change your allocation instructions. You should consult with your financial professional with respect to the current availability of Dollar Cost Averaging. Certain restrictions may apply.

**Dollar Cost Averaging Plus (DCA+).** The DCA+ Fixed Account Option is a "source account" designed for dollar cost averaging transfers to Investment Divisions or systematic transfers to other Fixed Account Options. A Contract Value of $15,000 is required to participate. From time to time, we will offer special enhanced interest rates on the DCA+ Fixed Account Option. If a DCA+ Fixed Account Option is selected, monies in the DCA+ Fixed Account Option will be systematically transferred to the Investment Divisions or other Fixed Account Options chosen over a DCA+ term of either twelve months or six months, as you select.

Transfers out of the DCA+ Fixed Account Option other than the automatic DCA+ transfers can be made only if you discontinue use of the DCA+ Fixed Account Option. Also, if we impose any transfer restrictions on the one-year Fixed Account Option as discussed in numbered paragraphs 1-4 under "Transfers and Frequent Transfer Restrictions," then (i) you may not discontinue the DCA+ Fixed Account Option or otherwise transfer or withdraw any amounts from the DCA+ Fixed Account Option, but (ii) automatic transfers pursuant to DCA+ will not count against any maximum amount limitations we have imposed on transfers out of the one-year Fixed Account Option.

There is no charge for DCA+. You may cancel your DCA+ program using whatever methods you use to change your allocation instructions. We may discontinue the availability of DCA+ at any time and without notice. You should consult your financial professional with respect to the current availability of the Fixed Account Options and the availability of DCA+. Certain restrictions may apply.

**Earnings Sweep.** You can choose to move your earnings from the source accounts (only applicable from the one year Fixed Account Option and the JNL/Dreyfus Government Money Market Investment Division). Earnings Sweep may only be added within 30 days of the issue date of your Contract.

There is no charge for Earnings Sweep. You may cancel your Earnings Sweep program using whatever methods you use to change your allocation instructions. You should consult with your financial professional with respect to the current availability of Earnings Sweep. Certain restrictions may apply.

**Rebalancing.** You can arrange to have us automatically reallocate your Contract Value among Investment Divisions and the one-year Fixed Account periodically to maintain your selected allocation percentages. Rebalancing will terminate if your rebalancing program includes the one-year Fixed Account Option and (i) we impose any transfer restrictions on the one-year Fixed Account Option as discussed in numbered paragraphs 1-4 under "Transfers and Frequent Transfer Restrictions" or (ii) we exercise our right to require that any Premiums allocated to the one-year Fixed Account Option be automatically transferred out of that option over a period of time that we specify. In that case, however, you could re-elect automatic rebalancing without the one-year Fixed Account Option. Rebalancing is consistent with maintaining your allocation of investments among market segments, although it is accomplished by reducing your Contract Value allocated to the better performing Investment Divisions.

There is no charge for Rebalancing. You may cancel your Rebalancing program using whatever methods you use to change your allocation instructions. You should consult with your financial professional with respect to the current availability of Rebalancing. Certain restrictions may apply.

**Free Look.** You may return your Contract to the selling agent or us within twenty days after receiving it. Upon receipt of your Contract, we will refund the Contract Value determined as of the Business Day on which the Contract is returned to the selling agent or the Company, including any fees or other charges deducted from the premiums or imposed under the Contract .

We will return Premium payments where required by law. We will pay the applicable free look proceeds within seven days of a request in Good Order. If a Premium payment made by personal check or electronic draft is received within the five days preceding a free look request, we may delay payment of the free look proceeds up to seven days after the date of the request, to ensure the check or electronic draft is not returned due to insufficient funds.

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**Advertising.** From time to time, we may advertise several types of performance of the Investment Divisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ***Total return*** is the overall change in the value of an investment in an Investment Division over a given period of time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ***Standardized average annual total return*** is calculated in accordance with SEC guidelines.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ***Non-standardized total return*** may be for periods other than those required by, or may otherwise differ from, standardized average annual total return. For example, if a Fund has been in existence longer than the Investment Division, we may show non-standardized performance for periods that begin on the inception date of the Fund, rather than the inception date of the Investment Division.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• ***Yield*** refers to the income generated by an investment over a given period of time.

Performance will be calculated by determining the percentage change in the value of an Accumulation Unit by dividing the increase (decrease) for that unit by the value of the Accumulation Unit at the beginning of the period. Performance will reflect the deduction of the Core Contract Charge and administration charges and may reflect the deduction of contract maintenance and withdrawal charges, but will not reflect charges for optional features except in performance data used in sales materials that promote those optional features. The deduction of withdrawal charges and/or the charges for optional features would reduce the percentage increase or make greater any percentage decrease.

**Modification of Your Contract.** Only our President, Vice President, Secretary or Assistant Secretary may approve a change to or waive a provision of your Contract. Any change or waiver must be in writing. We may change the terms of your Contract without your consent in order to comply with changes in applicable law, or otherwise as we deem necessary. Your written consent will be obtained prior to changing any terms and conditions of the Contract in a manner that diminishes your rights and/or benefits under the Contract.

**Confirmation of Transactions.** A written statement will be mailed to you, or, if electronic delivery has been elected, a statement will be made available on jackson.com, confirming that a financial transaction, such as a Premium payment, withdrawal, or transfer has been completed. This confirmation statement will provide details about the transaction. Certain transactions which are made on a periodic or systematic basis will be confirmed in a quarterly statement only.

It is important that you carefully review the information contained in the statements that confirm your transactions. If you believe an error has occurred you must notify us in writing promptly upon receipt of the statement so that we can make any appropriate adjustments.

**Delivery of Fund Reports.** Paper copies of the Funds' annual and semi-annual shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from Jackson of NY. Instead, the reports will be made available on Jackson's website (<u>www.jackson.com</u>), and you will be notified by mail each time a report is posted and provided with a website link to access the report. You may elect to receive all future annual and semi-annual Fund reports in paper free of charge. You can inform Jackson of NY that you wish to receive paper copies of those reports by contacting Jackson of NY as described on the cover page of this prospectus. Your election to receive annual and semi-annual Fund reports will apply to all Funds described herein.

**Legal Proceedings.** Jackson National Life Insurance Company (Jackson of NY's parent) and its subsidiaries are defendants in a number of other civil proceedings arising in the ordinary course of business and otherwise. We do not believe at the present time that any pending action or proceeding will have a material adverse effect upon the Separate Account, Jackson of NY's ability to meet its obligations under the Contracts, or Jackson National Life Distributors LLC's ability to perform its contract with the Separate Account.

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**APPENDIX A**

**INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT**

**The availability of investment options may vary depending on the broker-dealer or financial intermediary through which the Contract is sold. See: Appendix J: Financial Intermediary Variations.** 

The following is a list of Funds (all Class A shares) available under the Contract, which is subject to change, as discussed in the prospectus. Certain broker-dealers selling the Contracts may limit the Investment Divisions that are available to their customers. You can find the prospectuses and other information about the Funds online at <u>https://www.jackson.com/fund-literature.html</u>. You can also request this information at no cost by calling 1-800-599-5651 or by sending an email request to ProspectusRequest@jackson.com.

The current expenses and performance information below reflects fees and expenses of the Funds, but does 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 Fund's past performance is not necessarily an indication of future performance.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Allocation | **JNL/American Funds Balanced Fund**<sup>1</sup> |  |  |  |  |
| Allocation | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.90%² | 15.48% | 8.58% | 9.14% |
| Fixed Income | **JNL/American Funds Bond Fund of America Fund**<sup>1</sup> |  |  |  |  |
| Fixed Income | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.82%² | 6.77% | N/A | N/A |
| Allocation | **JNL/American Funds Capital Income Builder Fund**<sup>1</sup> |  |  |  |  |
| Allocation | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.95%² | 19.86% | 8.63% | N/A |
| International/Global Equity | **JNL/American Funds Global Growth Fund**<sup>1</sup> |  |  |  |  |
| International/Global Equity | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 1.05%² | 21.20% | 7.84% | 11.82% |
| U.S. Equity | **JNL/American Funds Growth Fund**<sup>1</sup> |  |  |  |  |
| U.S. Equity | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.89%² | 19.87% | 13.03% | 17.58% |
| U.S. Equity | **JNL/American Funds Growth-Income Fund**<sup>1</sup> |  |  |  |  |
| U.S. Equity | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.91%² | 17.64% | 13.48% | 13.48% |
| International/Global Equity | **JNL/American Funds International Fund**<sup>1</sup> |  |  |  |  |
| International/Global Equity | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 1.11%² | 26.25% | 3.00% | 6.58% |
| International/Global Equity | **JNL/American Funds New World Fund**<sup>1</sup> |  |  |  |  |
| International/Global Equity | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM)</sup> | 1.26%² | 27.74% | 4.86% | 8.80% |
| U.S. Equity | **JNL/American Funds**<sup>®</sup> **Washington Mutual Investors Fund**<sup>1</sup> |  |  |  |  |
| U.S. Equity | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.91%² | 16.75% | 13.43% | 11.95% |
| Alternative | **JNL Multi-Manager Alternative Fund** |  |  |  |  |
| Alternative | (Boston Partners Global Investors, Inc.; DoubleLine Capital LP; First Pacific Advisors, LP; Kayne Anderson Rudnick Investment Management, LLC; Lazard Asset Management LLC; Loomis, Sayles & Company, L.P.; and Westchester Capital Management, LLC) | 2.30%² | 9.53% | 4.22% | 4.14% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| International/Global Equity | **JNL Multi-Manager Emerging Markets Equity Fund** |  |  |  |  |
| International/Global Equity | (GQG Partners LLC, Kayne Anderson Rudnick Investment Management, LLC; T. Rowe Price Associates, Inc. (Sub-Sub-Adviser: T. Rowe Price Hong Kong Limited); and WCM Investment Management, LLC) | 1.22% | 24.27% | 1.67% | 5.73% |
| Fixed Income | **JNL Multi-Manager Floating Rate Income Fund** |  |  |  |  |
| Fixed Income | (PPM America, Inc.; FIAM LLC) | 0.95% | 3.83% | 4.67% | 4.29% |
| Allocation | **JNL Multi-Manager Global Small Cap Fund** |  |  |  |  |
| Allocation |  | 1.16% | 14.20% | 0.15% | 6.89% |
| International/<br>Global Equity | **JNL Multi-Manager International Equity Fund** |  |  |  |  |
| International/<br>Global Equity | (Causeway Capital Management LLC; Lazard Asset Management LLC; WCM Investment Management, LLC; William Blair Investment Management, LLC) | 0.97% | 23.50% | 1.90% | 5.17% |
| International/Global Equity | **JNL Multi-Manager International Small Cap Fund**<sup>4</sup> |  |  |  |  |
| International/Global Equity | (Baillie Gifford Overseas Limited; Causeway Capital Management LLC; and WCM Investment Management, LLC) | 1.20% | 25.49% | 5.35% | N/A |
| U.S. Equity | **JNL Multi-Manager Mid Cap Fund** |  |  |  |  |
| U.S. Equity | (Champlain Investment Partners, LLC; LLC; Kayne Anderson Rudnick Investment Management, LLC; Nuance Investments, LLC; and Victory Capital Management Inc.) | 1.06% | 1.83% | 4.90% | N/A |
| U.S. Equity | **JNL Multi-Manager Small Cap Growth Fund** |  |  |  |  |
| U.S. Equity | (BAMCO, Inc.; Driehaus Capital Management LLC; Granahan Investment Management, Inc.; Kayne Anderson Rudnick Investment Management, LLC; Segall Bryant & Hamill, LLC; Victory Capital Management Inc.; and WCM Investment Management, LLC) | 0.99%² | 16.02% | N/A | N/A |
| U.S. Equity | **JNL Multi-Manager Small Cap Value Fund** |  |  |  |  |
| U.S. Equity | (Congress Asset Management Company, LLP; Cooke & Bieler, L.P.; Reinhart Partners, Inc.; River Road Asset Management, LLC; and WCM Investment Management, LLC) | 0.98% | 3.56% | -1.29% | 9.41% |
| U.S. Equity | **JNL Multi-Manager U.S. Select Equity Fund** |  |  |  |  |
| U.S. Equity | (GQG Partners, LLC; WCM Investment Management, LLC) | 1.07% | 2.69% | 8.00% | 8.59% |
| Allocation | **JNL Moderate ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.83% | 12.18% | 4.18% | 5.44% |
| Allocation | **JNL Moderate Growth ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.83% | 14.60% | 5.90% | 7.22% |
| Allocation | **JNL Growth ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.85% | 16.64% | 7.58% | 8.76% |
| Allocation | **JNL/American Funds Moderate Allocation Fund** |  |  |  |  |
| Allocation |  | 0.97% | 13.14% | N/A | N/A |
| Allocation | **JNL/American Funds Moderate Growth Allocation Fund** |  |  |  |  |
| Allocation |  | 0.98% | 16.29% | 5.73% | 8.10% |
| Allocation | **JNL/American Funds Growth Allocation Fund** |  |  |  |  |
| Allocation |  | 0.99% | 18.49% | 7.52% | 10.07% |
| Allocation | **JNL/BlackRock Global Allocation Fund** |  |  |  |  |
| Allocation | (BlackRock Investment Management, LLC; Sub-Sub-Adviser BlackRock International Limited) | 1.06% | 18.76% | 6.07% | 7.47% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Alternative | **JNL/BlackRock Global Natural Resources Fund**<sup>4</sup> |  |  |  |  |
| Alternative | (BlackRock International Limited) | 1.00% | 29.78% | 13.60% | 8.69% |
| U.S. Equity | **JNL/BlackRock Large Cap Select Growth Fund** |  |  |  |  |
| U.S. Equity | (BlackRock Investment Management, LLC) | 0.83%² | 11.41% | 10.41% | 15.18% |
| International/Global Equity | **JNL/Causeway International Value Select Fund** |  |  |  |  |
| International/Global Equity | (Causeway Capital Management LLC) | 0.96% | 43.10% | 14.12% | 9.96% |
| Sector Equity | **JNL/Cohen & Steers U.S. Realty Fund**<sup>4</sup> |  |  |  |  |
| Sector Equity | (Cohen & Steers Capital Management, Inc.) | 1.04% | 2.79% | 4.73% | N/A |
| International/Global Equity | **JNL/DFA International Core Equity Fund** |  |  |  |  |
| International/Global Equity | (Dimensional Fund Advisors LP) | 0.91% | 35.29% | 9.74% | N/A |
| U.S. Equity | **JNL/DFA U.S. Core Equity Fund** |  |  |  |  |
| U.S. Equity | (Dimensional Fund Advisors LP) | 0.80% | 15.09% | 12.66% | 13.16% |
| U.S. Equity | **JNL/DFA U.S. Small Cap Fund** |  |  |  |  |
| U.S. Equity | (Dimensional Fund Advisors LP) | 0.99% | 7.01% | 8.45% | 9.52% |
| Fixed Income | **JNL/DoubleLine**<sup>®</sup> **Core Fixed Income Fund** |  |  |  |  |
| Fixed Income | (DoubleLine Capital LP) | 0.78% | 7.18% | 0.07% | 2.05% |
| Fixed Income | **JNL/DoubleLine**<sup>®</sup> **Emerging Markets Fixed Income Fund** |  |  |  |  |
| Fixed Income | (DoubleLine Capital LP) | 1.08% | 8.52% | 1.66% | N/A |
| U.S. Equity | **JNL/DoubleLine**<sup>®</sup> **Shiller Enhanced CAPE**<sup>®</sup> **Fund** |  |  |  |  |
| U.S. Equity | (DoubleLine Capital LP) | 0.99% | 8.98% | 8.23% | 12.17% |
| Fixed Income | **JNL/DoubleLine**<sup>®</sup> **Total Return Fund** |  |  |  |  |
| Fixed Income | (DoubleLine Capital LP) | 0.83% | 7.59% | 0.09% | 1.65% |
| Fixed Income | **JNL/Dreyfus Government Money Market Fund** |  |  |  |  |
| Fixed Income | (Mellon Investments Corporation) | 0.56% | 3.78% | 2.75% | 1.67% |
| U.S. Equity | **JNL/Fidelity Institutional AM**<sup>®</sup> **& JPMorgan Large Cap Growth Fund** |  |  |  |  |
| U.S. Equity | (FIAM LLC; J.P. Morgan Investment Management Inc.) | 0.94% | 9.05% | 10.46% | N/A |
| Fixed Income | **JNL/Fidelity Institutional AM**<sup>®</sup> **Total Bond Fund** |  |  |  |  |
| Fixed Income | (FIAM LLC) | 0.76% | 7.49% | 0.06% | 2.09% |
| Alternative | **JNL/First Sentier Global Infrastructure Fund**<sup>4</sup> |  |  |  |  |
| Alternative | (First Sentier Investors (Australia) IM Ltd) | 1.16% | 17.55% | 6.72% | 6.96% |
| Allocation | **JNL/Franklin Templeton Income Fund** |  |  |  |  |
| Allocation | (Franklin Advisers, Inc.) | 0.92% | 12.00% | 7.17% | 7.11% |
| U.S. Equity | **JNL/Goldman Sachs 4 Fund** |  |  |  |  |
| U.S. Equity | (Goldman Sachs Asset Management, L.P) | 0.70% | 16.69% | 13.95% | 11.59% |
| International/Global Equity | **JNL/GQG Emerging Markets Equity Fund** |  |  |  |  |
| International/Global Equity | (GQG Partners LLC) | 1.34% | 10.25% | 2.64% | N/A |
| U.S. Equity | **JNL/Invesco Small Cap Growth Fund** |  |  |  |  |
| U.S. Equity | (Invesco Advisers, Inc.) | 1.02% | 6.17% | -0.73% | 9.05% |
| Alternative | **JNL/JPMorgan Hedged Equity Fund** |  |  |  |  |
| Alternative | (J.P. Morgan Investment Management Inc.) | 0.96% | 7.04% | 8.58% | N/A |
| U.S. Equity | **JNL/JPMorgan MidCap Growth Fund** |  |  |  |  |
| U.S. Equity | (J.P. Morgan Investment Management Inc.) | 0.89% | 8.08% | 4.23% | 12.15% |
| Alternative | **JNL/JPMorgan Nasdaq**<sup>®</sup> **Hedged Equity Fund** |  |  |  |  |
| Alternative | (J.P. Morgan Investment Management Inc.) | 0.99% | 8.83% | N/A | N/A |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Fixed Income | **JNL/JPMorgan U.S. Government & Quality Bond Fund** |  |  |  |  |
| Fixed Income | (J.P. Morgan Investment Management Inc.) | 0.69% | 6.61% | -0.59% | 1.45% |
| U.S. Equity | **JNL/JPMorgan U.S. Value Fund** |  |  |  |  |
| U.S. Equity | (J.P. Morgan Investment Management Inc.) | 0.89% | 13.86% | 11.97% | 9.01% |
| International/Global Equity | **JNL/Loomis Sayles Global Growth Fund** |  |  |  |  |
| International/Global Equity | (Loomis, Sayles & Company, L.P.) | 0.99% | 17.45% | 8.85% | N/A |
| Fixed Income | **JNL/Lord Abbett Short Duration Income Fund** |  |  |  |  |
| Fixed Income | (Lord, Abbett & Co. LLC) | 0.80% | 5.84% | 2.25% | N/A |
| U.S. Equity | **JNL/Mellon Dow**<sup>SM</sup> **Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.65% | 14.17% | 10.85% | 12.41% |
| International/Global Equity | **JNL/Mellon Emerging Markets Index Fund**<sup>3</sup> |  |  |  |  |
| International/Global Equity | (Investment Sub-Adviser to the Master Fund: Mellon Investments Corporation) | 0.75%² | 30.92% | 3.38% | 7.55% |
| International/Global Equity | **JNL/Mellon World Index Fund** |  |  |  |  |
| International/Global Equity | (Mellon Investments Corporation) | 0.65% | 20.79% | 11.80% | 11.75% |
| U.S. Equity | **JNL/Mellon Nasdaq**<sup>®</sup> **100 Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.63% | 20.28% | 14.58% | 19.09% |
| U.S. Equity | **JNL/Mellon S&P 500 Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.52% | 17.28% | 13.86% | 14.24% |
| U.S. Equity | **JNL/Mellon S&P 400 MidCap Index Fund**<sup>3</sup> |  |  |  |  |
| U.S. Equity | (Investment Sub-Adviser to the Master Fund: Mellon Investments Corporation) | 0.56%² | 6.90% | 8.53% | 10.13% |
| U.S. Equity | **JNL/Mellon Small Cap Index Fund**<sup>3</sup> |  |  |  |  |
| U.S. Equity | (Investment Sub-Adviser to the Master Fund: Mellon Investments Corporation) | 0.56%² | 5.57% | 6.74% | 9.27% |
| International/Global Equity | **JNL/Mellon International Index Fund**<sup>3</sup> |  |  |  |  |
| International/Global Equity | (Investment Sub-Adviser to the Master Fund: Mellon Investments Corporation) | 0.61%² | 31.50% | 8.50% | 7.85% |
| Fixed Income | **JNL/Mellon Bond Index Fund**<sup>3</sup> |  |  |  |  |
| Fixed Income | (Investment Sub-Adviser to the Master Fund: Mellon Investments Corporation) | 0.58%² | 6.67% | -0.95% | 1.41% |
| U.S. Equity | **JNL/Mellon U.S. Stock Market Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.61% | 16.64% | 12.68% | N/A |
| Sector Equity | **JNL/Mellon Communication Services Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.64% | 32.98% | 13.91% | 13.85% |
| Sector Equity | **JNL/Mellon Consumer Discretionary Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.64% | 5.06% | 7.35% | 13.03% |
| Sector Equity | **JNL/Mellon Consumer Staples Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.65% | 0.40% | 5.45% | N/A |
| Sector Equity | **JNL/Mellon Energy Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.64% | 6.84% | 22.78% | 7.04% |
| Sector Equity | **JNL/Mellon Financial Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.64% | 16.18% | 14.52% | 12.35% |
| Sector Equity | **JNL/Mellon Healthcare Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.63% | 14.47% | 6.09% | 9.03% |
| Sector Equity | **JNL/Mellon Industrials Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.65% | 18.09% | 12.62% | N/A |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Sector Equity | **JNL/Mellon Information Technology Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.61% | 20.73% | 18.54% | 22.65% |
| Sector Equity | **JNL/Mellon Materials Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.67% | 14.44% | 7.63% | N/A |
| Sector Equity | **JNL/Mellon Real Estate Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.66% | 3.37% | 4.18% | N/A |
| Sector Equity | **JNL/Mellon Utilities Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.65% | 18.65% | 10.13% | 10.42% |
| U.S. Equity | **JNL/MFS Equity Income Fund** |  |  |  |  |
| U.S. Equity | (Massachusetts Financial Services Company (d/b/a MFS Investment Management)) | 0.92% | 15.31% | 10.39% | N/A |
| U.S. Equity | **JNL/MFS Mid Cap Value Fund** |  |  |  |  |
| U.S. Equity | (Massachusetts Financial Services Company (d/b/a MFS Investment Management)) | 0.95% | 6.01% | 10.00% | 9.52% |
| U.S. Equity | **JNL/Morningstar SMID Moat Focus Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.76% | 6.23% | N/A | N/A |
| U.S. Equity | **JNL/Morningstar U.S. Sustainability Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.71% | 13.40% | 12.44% | N/A |
| U.S. Equity | **JNL/Morningstar Wide Moat Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.76% | 12.95% | 11.88% | N/A |
| Fixed Income | **JNL/Neuberger Berman Strategic Income Fund** |  |  |  |  |
| Fixed Income | (Neuberger Berman Investment Advisers LLC) | 0.95% | 9.30% | 3.00% | 4.09% |
| U.S. Equity | **JNL/Newton Equity Income Fund** |  |  |  |  |
| U.S. Equity | (Newton Investment Management North America, LLC) | 0.86% | 18.97% | 16.19% | 13.21% |
| Fixed Income | **JNL/PIMCO Income Fund** |  |  |  |  |
| Fixed Income | (Pacific Investment Management Company LLC) | 0.99% | 11.07% | 3.40% | N/A |
| Fixed Income | **JNL/PIMCO Investment Grade Credit Bond Fund** |  |  |  |  |
| Fixed Income | (Pacific Investment Management Company LLC) | 0.85% | 8.37% | -0.31% | 3.28% |
| Fixed Income | **JNL/PIMCO Real Return Fund** |  |  |  |  |
| Fixed Income | (Pacific Investment Management Company LLC) | 1.68% | 7.82% | 1.24% | 3.14% |
| Fixed Income | **JNL/PPM America Emerging Markets Debt Fund** |  |  |  |  |
| Fixed Income | (PPM America, Inc.) | 0.93%² | N/A | N/A | N/A |
| Fixed Income | **JNL/PPM America High Yield Bond Fund** |  |  |  |  |
| Fixed Income | (PPM America, Inc.) | 0.76% | 8.43% | 4.27% | 5.89% |
| Fixed Income | **JNL/PPM America Investment Grade Credit Fund** |  |  |  |  |
| Fixed Income | (PPM America, Inc.) | 0.83% | 7.20% | N/A | N/A |
| Fixed Income | **JNL/PPM America Total Return Fund** |  |  |  |  |
| Fixed Income | (PPM America, Inc.) | 0.79% | 6.75% | -0.26% | 2.65% |
| U.S. Equity | **JNL/RAFI**<sup>®</sup> **Fundamental U.S. Small Cap Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.67% | 6.80% | 9.19% | 6.85% |
| U.S. Equity | **JNL/RAFI**<sup>®</sup> **Multi-Factor U.S. Equity Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.67% | 16.21% | 12.43% | 10.83% |
| Allocation | **JNL/T. Rowe Price Capital Appreciation Fund** |  |  |  |  |
| Allocation | (T. Rowe Price Associates, Inc.; Sub-Sub-Adviser: T. Rowe Price Investment Management, Inc.) | 0.95%² | 11.46% | 9.00% | 10.79% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| U.S. Equity | **JNL/T. Rowe Price Capital Appreciation Equity Fund** |  |  |  |  |
| U.S. Equity | (T. Rowe Price Associates, Inc.; Sub-Sub-Adviser: T. Rowe Price Investment Management, Inc.) | 0.97%² | 14.63% | N/A | N/A |
| U.S. Equity | **JNL/T. Rowe Price Growth Stock Fund** |  |  |  |  |
| U.S. Equity | (T. Rowe Price Associates, Inc.) | 0.83%² | 15.26% | 9.19% | 14.06% |
| U.S. Equity | **JNL/T. Rowe Price Mid-Cap Growth Fund** |  |  |  |  |
| U.S. Equity | (T. Rowe Price Associates, Inc.; Sub-Sub-Adviser: T. Rowe Price Investment Management, Inc.) | 0.95%² | 3.14% | 3.52% | 9.54% |
| Fixed Income | **JNL/T. Rowe Price Short-Term Bond Fund** |  |  |  |  |
| Fixed Income | (T. Rowe Price Associates, Inc.) | 0.72%² | 5.44% | 1.91% | 2.12% |
| U.S. Equity | **JNL/T. Rowe Price Value Fund** |  |  |  |  |
| U.S. Equity | (T. Rowe Price Associates, Inc.) | 0.85%² | 12.00% | 10.54% | 10.56% |
| Allocation | **JNL/Vanguard Moderate ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.69% | 11.75% | 3.80% | N/A |
| Allocation | **JNL/Vanguard Moderate Growth ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.69% | 14.14% | 5.56% | N/A |
| Allocation | **JNL/Vanguard Growth ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.68% | 16.06% | 7.18% | N/A |
| International/Global Equity | **JNL/WCM Focused International Equity Fund** |  |  |  |  |
| International/Global Equity | (WCM Investment Management, LLC) | 1.10% | 21.41% | 4.80% | 10.63% |
| Alternative | **JNL/Westchester Capital Event Driven Fund** |  |  |  |  |
| Alternative | (Westchester Capital Management, LLC) | 1.66% | 7.39% | 3.59% | 4.88% |
| Allocation | **JNL/WMC Balanced Fund** |  |  |  |  |
| Allocation | (Wellington Management Company LLP) | 0.71% | 15.69% | 8.90% | 9.27% |
| U.S. Equity | **JNL/WMC Equity Income Fund** |  |  |  |  |
| U.S. Equity | (Wellington Management Company LLP) | 0.89% | 16.72% | 12.08% | N/A |
| U.S. Equity | **JNL/WMC Value Fund** |  |  |  |  |
| U.S. Equity | (Wellington Management Company LLP) | 0.79% | 14.67% | 10.91% | 9.80% |
| Allocation | **JNL/JPMorgan Managed Conservative Fund** |  |  |  |  |
| Allocation | (J.P. Morgan Investment Management Inc.) | 1.16% | 9.28% | 1.92% | 3.83% |
| Allocation | **JNL/JPMorgan Managed Moderate Fund** |  |  |  |  |
| Allocation | (J.P. Morgan Investment Management Inc.) | 1.13% | 10.83% | 3.48% | 5.67% |
| Allocation | **JNL/JPMorgan Managed Moderate Growth Fund** |  |  |  |  |
| Allocation | (J.P. Morgan Investment Management Inc.) | 1.12% | 12.26% | 5.13% | 7.50% |
| Allocation | **JNL/JPMorgan Managed Growth Fund** |  |  |  |  |
| Allocation | (J.P. Morgan Investment Management Inc.) | 1.13% | 13.92% | 6.76% | 9.47% |
| Allocation | **JNL/JPMorgan Managed Aggressive Growth Fund** |  |  |  |  |
| Allocation | (J.P. Morgan Investment Management Inc.) | 1.15% | 14.72% | 7.60% | 10.35% |
| Allocation | **JNL Conservative Allocation Fund** |  |  |  |  |
| Allocation |  | 1.23% | 9.29% | 2.57% | 4.13% |
| Allocation | **JNL Moderate Allocation Fund** |  |  |  |  |
| Allocation |  | 1.22% | 10.75% | 4.10% | 5.68% |
| Allocation | **JNL Moderate Growth Allocation Fund** |  |  |  |  |
| Allocation |  | 1.21% | 12.62% | 5.36% | 7.22% |
| Allocation | **JNL Growth Allocation Fund** |  |  |  |  |
| Allocation |  | 1.19% | 14.81% | 6.38% | 8.47% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*</u>**<br>**<u>(and Sub-Adviser, if applicable)</u>**<br>\*The investment manager for each Fund is Jackson National Asset Management, LLC | **Current Expenses** | **1 year** | **5 year** | **10 year** |
| Allocation | **JNL Aggressive Growth Allocation Fund** |  |  |  |  |
| Allocation |  | 1.16% | 15.62% | 7.24% | 9.35% |

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---

| | |
|:---|:---|
| 1 | Capital Research and Management Company is the investment adviser of the master fund in which this feeder fund invests. Under the master-feeder fund structure, the feeder fund does not buy individual securities directly. Rather, the feeder fund invests all of its investment assets in a corresponding master fund, which invests directly in individual securities. |
| 2 | The Fund's current expenses reflect temporary fee reductions. |
| 3 | Mellon Investments Corporation is the investment sub-adviser of the master fund in which this feeder fund invests. Under the master-feeder fund structure, the feeder fund does not buy individual securities directly. Rather, the feeder fund invests all of its investment assets in a corresponding master fund, which invests directly in individual securities. |
| 4 | This Fund is no longer available for new allocations or transfers. |

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The following is a list of Fixed Account Options currently available under the Contract. We may change the features of the Fixed Account Options listed below, offer new Fixed Account Options, and terminate existing Fixed Account Options. We will provide you with written notice before doing so. For more information about the Fixed Account Options, please see "The Fixed Account" beginning on page [30](#i6a8c7a642b0f405da7cd588a87395385_94).

**Note: If amounts are withdrawn from a Fixed Account Option before the end of its term, we may apply a Contract Adjustment. This may result in a significant reduction in your Contract Value.** 

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| | | |
|:---|:---|:---|
| **Name** | **Term** | **Minimum Guaranteed Interest Rate** |
| 1-year Fixed Account Option | 1 year | 2.40% |

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**APPENDIX B**

**TRADEMARKS, SERVICE MARKS, AND RELATED DISCLOSURES**

"JNL<sup>®</sup>," "Jackson National<sup>®</sup>," "Jackson<sup>®</sup>," "Jackson of NY<sup>®</sup>" and "Jackson National Life Insurance Company of New York<sup>®</sup>" are trademarks of Jackson National Life Insurance Company<sup>®</sup>.

Goldman Sachs is a registered service mark of Goldman Sachs & Co. LLC

Fidelity Institutional Asset Management and Fidelity Institutional AM are registered service marks of FMR LLC. Used with permission.

The "S&P 500<sup>®</sup>," "S&P MidCap 400<sup>®</sup>," "S&P SmallCap 600<sup>®</sup>," and the "Dow Jones Industrial Average<sup>®</sup>" (collectively, the "Indices") are products of S&P Dow Jones Indices LLC ("SPDJI"), and have been licensed for use by Jackson National Life Insurance Company and its Affiliates (collectively, "Licensee"). S&P<sup>®</sup>, S&P 500<sup>®</sup>, S&P 400<sup>®</sup>, S&P MidCap 400<sup>®</sup>, S&P 600<sup>®</sup>, S&P SmallCap 600<sup>®</sup>, SPX<sup>®</sup>, SPY<sup>®</sup>, US 500™, The 500<sup>®</sup>, iBoxx<sup>®</sup>, iTraxx<sup>®</sup>, CDX<sup>®</sup>, The Dow<sup>®</sup>, DJIA<sup>®</sup>, and Dow Jones Industrial Average<sup>®</sup> are trademarks of S&P Global, Inc. or its affiliates or licensors ("S&P"); Dow Jones<sup>®</sup>, DJIA<sup>®</sup>, Dow Jones Industrial Average<sup>®</sup> are registered trademarks of Dow Jones Trademark Holdings, LLC ("Dow Jones"). It is not possible to invest directly in an index. The JNL/Mellon Dow<sup>SM</sup> Index Fund, JNL/Mellon S&P 500 Index Fund, JNL/Mellon S&P 400 MidCap Index Fund, and JNL/Mellon Small Cap Index Fund (collectively, the "JNL Funds") are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, expressed or implied, to the owners of the JNL Funds or any member of the public regarding the advisability of investing in securities generally or in the JNL Funds particularly or the ability of the Indices to track general market performance. Past performance of an index is not an indication or guarantee of future results. S&P Dow Jones Indices' only relationship to Licensee with respect to the Indices is the licensing of the Indices and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices or its licensors.

The Indices are determined, composed and calculated by S&P Dow Jones Indices without regard to Licensee or the JNL Funds. S&P Dow Jones Indices has no obligation to take the needs of Licensee, or the owners of the JNL Funds into consideration in determining, composing or calculating the Indices. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the JNL Funds. There is no assurance that investment products based on the Indices will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment adviser, commodity trading advisor, commodity pool operator, broker dealer, fiduciary, promoter" (as defined in the Investment Company Act of 1940, as amended), "expert" as enumerated within 15 U.S.C. § 77k(a) or tax advisor. Inclusion of a security, commodity, crypto currency or other asset within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency or other asset, nor is it considered to be investment advice or commodity trading advice. SPDJI provides indices that use environmental, social and/or governance (ESG) indicators (including, without limit, business involvement screens, conformance to voluntary corporate standards, GHG emissions data, and ESG scores) to select, weight and/or exclude constituents. ESG indicators seek to measure a company's, or an asset's performance, with respect to E, S and/or G criteria. ESG indicators are derived from publicly reported data, modelled data, or a combination of reported and modelled data. ESG indicators are based on a qualitative assessment due to the absence of well-defined uniform market standards and the use of multiple methodologies to assess ESG factors. No single clear, definitive test or framework (legal, regulatory, or otherwise) exists to determine labels such as, 'ESG', 'sustainable', 'good governance', 'no adverse environmental, social and/or other impacts', or other equivalently labelled objectives. Therefore, the exercise of subjective judgment is necessary. Different persons may classify the same investment, products and/or strategy differently regarding the foregoing labels.

S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDICES OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE JNL FUNDS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDICES OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. S&P DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY PORTION OF, NOR DOES S&P DOW JONES INDICES HAVE ANY CONTROL OVER, THE LICENSEE PRODUCT

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REGISTRATION STATEMENT, PROSPECTUS OR OTHER OFFERING MATERIALS. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND LICENSEE, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.

The JNL/Mellon Nasdaq<sup>®</sup> 100 Index Fund and JNL/JPMorgan Nasdaq<sup>®</sup> Hedged Equity Fund (together, the "JNL Funds") are not sponsored, endorsed, sold or promoted by Nasdaq, Inc. or its affiliates (Nasdaq, with its affiliates, are referred to as the "Corporations"). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating to, the JNL Funds. The Corporations make no representation or warranty, express or implied to the owners of the JNL Funds or any member of the public regarding the advisability of investing in securities generally or in the JNL Funds particularly, or the ability of the Nasdaq-100 Index<sup>®</sup> to track general stock market performance. The Corporations' only relationship to Jackson National Life Insurance Company ("Licensee") is in the licensing of the Nasdaq<sup>®</sup>, and Nasdaq-100 Index<sup>®</sup> registered trademarks, and certain trade names of the Corporations and the use of the Nasdaq-100 Index<sup>®</sup> which is determined, composed and calculated by Nasdaq without regard to Licensee or the JNL Funds. Nasdaq has no obligation to take the needs of the Licensee or the owners of the JNL Funds into consideration in determining, composing or calculating the Nasdaq-100 Index<sup>®</sup>. The Corporations are not responsible for and have not participated in the determination of the timing of, prices at, or quantities of the JNL Funds to be issued or in the determination or calculation of the equation by which the JNL Funds are to be converted into cash. The Corporations have no liability in connection with the administration, marketing or trading of the JNL Funds.

THE CORPORATIONS DO NOT GUARANTEE THE ACCURACY AND/OR UNINTERRUPTED CALCULATION OF THE NASDAQ-100 INDEX<sup>®</sup> OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE JNL FUNDS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE NASDAQ-100 INDEX<sup>®</sup> OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE NASDAQ-100 INDEX<sup>®</sup> OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR SPECIAL, INCIDENTAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

Morningstar<sup>®</sup> and the Morningstar Indices (as defined below) are trademarks or service marks of Morningstar, Inc. ("Morningstar") and have been licensed for use for certain purposes by Jackson National Asset Management, LLC ("JNAM"). The JNL Funds (as defined below) are not sponsored, endorsed, sold or promoted by Morningstar, or any of its affiliated companies (all such entities, collectively, ''Morningstar Entities") or the Loan Syndications and Trading Association ("LSTA"). The Morningstar Entities and LSTA make no representation or warranty, express or implied, to the owners of the JNL Funds or any member of the public regarding the advisability of investing in securities generally or in the JNL Funds in particular or the ability of the Morningstar Indices to track general stock market performance. The Morningstar Entities' only relationship to JNAM is the licensing of: (i) certain service marks and service names of Morningstar and LSTA; and (ii) of the Morningstar Indices which is determined, composed and calculated by the Morningstar Entities without regard to JNAM or the JNL Funds. The Morningstar Entities have no obligation to take the needs of JNAM or the owners of the JNL Funds into consideration in determining, composing or calculating the Morningstar Indices. The Morningstar Entities and LSTA are not responsible for and have not participated in the determination of the prices and amount of the JNL Funds or the timing of the issuance or sale of the JNL Funds or in the determination or calculation of the equation by which the JNL Funds are converted into cash. The Morningstar Entities and LSTA have no obligation or liability in connection with the administration, marketing or trading of the JNL Funds.

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| | |
|:---|:---|
| Index (collectively, the "Morningstar Indices") | Fund (collectively, the "JNL Funds") |
| Morningstar<sup>®</sup> Aggressive Target Risk Index<sup>SM</sup> | JNL Aggressive Growth Allocation Fund<br>JNL/JPMorgan Managed Aggressive Growth Fund |
| Morningstar<sup>®</sup> Conservative Target Risk Index<sup>SM</sup> | JNL Conservative Allocation Fund<br>JNL/JPMorgan Managed Conservative Fund |
| Morningstar<sup>®</sup> Developed Markets ex-North America Target Market Exposure Index<sup>SM</sup> | JNL/Causeway International Value Select Fund<br>JNL/JPMorgan Managed Aggressive Growth Fund<br>JNL/JPMorgan Managed Conservative Fund<br>JNL/JPMorgan Managed Growth Fund<br>JNL/JPMorgan Managed Moderate Fund<br>JNL/JPMorgan Managed Moderate Growth Fund<br>JNL/Mellon International Index Fund |
| Morningstar<sup>®</sup> Developed Markets ex-North America Value Target Market Exposure Index<sup>SM</sup> | JNL/Causeway International Value Select Fund |
| Morningstar<sup>®</sup> Developed Markets ex-US Target Market Exposure Index<sup>SM</sup> | JNL/DFA International Core Equity Fund |

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| | |
|:---|:---|
| Index (collectively, the "Morningstar Indices") | Fund (collectively, the "JNL Funds") |
| Morningstar<sup>®</sup> Developed Markets Target Market Exposure Index<sup>SM</sup> | JNL/BlackRock Global Allocation Fund<br>JNL/Mellon World Index Fund |
| Morningstar<sup>®</sup> Dividend Composite Index<sup>SM</sup> | JNL/Franklin Templeton Income Fund<br>JNL/WMC Equity Income Fund |
| Morningstar<sup>®</sup> Emerging Markets Index<sup>SM</sup> | JNL Multi-Manager Emerging Markets Equity Fund |
| Morningstar<sup>®</sup> Emerging Markets Target Market Exposure Index<sup>SM</sup> | JNL/Mellon Emerging Markets Index Fund<br>JNL/GQG Emerging Markets Equity Fund |
| Morningstar<sup>®</sup> Global ex-US Small Cap Target Market Exposure Index<sup>SM</sup> | JNL Multi-Manager International Small Cap Fund |
| Morningstar<sup>®</sup> Global ex-US Target Market Exposure Index<sup>SM</sup> | JNL Multi-Manager International Equity Fund<br>JNL Multi-Manager International Small Cap Fund<br>JNL/American Funds International Fund<br>JNL/WCM Focused International Equity Fund |
| Morningstar<sup>®</sup> Global Small Cap Target Market Exposure Index<sup>SM</sup> | JNL Multi-Manager Global Small Cap Fund |
| Morningstar<sup>®</sup> Global Target Market Exposure Index<sup>SM</sup> | JNL Aggressive Growth Allocation Fund<br>JNL Conservative Allocation Fund<br>JNL Growth Allocation Fund<br>JNL Growth ETF Allocation Fund<br>JNL Moderate Allocation Fund<br>JNL Moderate ETF Allocation Fund<br>JNL Moderate Growth Allocation Fund<br>JNL Moderate Growth ETF Allocation Fund<br>JNL Multi-Manager Global Small Cap Fund<br>JNL/American Funds Capital Income Builder Fund<br>JNL/American Funds Global Growth Fund<br>JNL/American Funds Growth Allocation Fund<br>JNL/American Funds Moderate Allocation Fund<br>JNL/American Funds Moderate Growth Allocation Fund<br>JNL/American Funds New World Fund<br>JNL/BlackRock Global Natural Resources Fund<br>JNL/First Sentier Global Infrastructure Fund<br>JNL/JPMorgan Managed Aggressive Growth Fund<br>JNL/JPMorgan Managed Growth Fund<br>JNL/JPMorgan Managed Moderate Growth Fund<br>JNL/Loomis Sayles Global Growth Fund<br>JNL/Vanguard Growth ETF Allocation Fund<br>JNL/Vanguard Moderate ETF Allocation Fund<br>JNL/Vanguard Moderate Growth ETF Allocation Fund |
| Morningstar<sup>®</sup> LSTA US Leveraged Loan Index<sup>SM</sup> | JNL Multi-Manager Floating Rate Income Fund |
| Morningstar<sup>®</sup> Moderate Target Risk Index<sup>SM</sup> | JNL Moderate Growth Allocation Fund<br>JNL Moderate Growth ETF Allocation Fund<br>JNL/American Funds Moderate Growth Allocation Fund<br>JNL/JPMorgan Managed Moderate Growth Fund<br>JNL/Vanguard Moderate Growth ETF Allocation Fund |
| Morningstar<sup>®</sup> Moderately Aggressive Target Risk Index<sup>SM</sup> | JNL Growth Allocation Fund<br>JNL Growth ETF Allocation Fund<br>JNL/American Funds Growth Allocation Fund<br>JNL/JPMorgan Managed Growth Fund<br>JNL/Vanguard Growth ETF Allocation Fund |
| Morningstar<sup>®</sup> Moderately Conservative Target Risk Index<sup>SM</sup> | JNL Moderate Allocation Fund<br>JNL Moderate ETF Allocation Fund<br>JNL/American Funds Moderate Allocation Fund<br>JNL/JPMorgan Managed Moderate Fund<br>JNL/Vanguard Moderate ETF Allocation Fund |
| Morningstar<sup>®</sup> US Basic Materials Index<sup>SM</sup> | JNL/Mellon Materials Sector Fund |
| Morningstar<sup>®</sup> US Communication Services Index<sup>SM</sup> | JNL/Mellon Communication Services Sector Fund |
| Morningstar<sup>®</sup> US Consumer Cyclical Index<sup>SM</sup> | JNL/Mellon Consumer Discretionary Sector Fund |

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| | |
|:---|:---|
| Index (collectively, the "Morningstar Indices") | Fund (collectively, the "JNL Funds") |
| Morningstar<sup>®</sup> US Consumer Defensive Index<sup>SM</sup> | JNL/Mellon Consumer Staples Sector Fund |
| Morningstar<sup>®</sup> US Energy Index<sup>SM</sup> | JNL/Mellon Energy Sector Fund |
| Morningstar<sup>®</sup> US Financial Services Index<sup>SM</sup> | JNL/Mellon Financial Sector Fund |
| Morningstar<sup>®</sup> US Healthcare Index<sup>SM</sup> | JNL/Mellon Healthcare Sector Fund |
| Morningstar<sup>®</sup> US Industrials Index<sup>SM</sup> | JNL/Mellon Industrials Sector Fund |
| Morningstar<sup>®</sup> US Large-Mid Cap Index<sup>SM</sup> | JNL/Morningstar U.S. Sustainability Index Fund |
| Morningstar<sup>®</sup> US Large-Mid Cap Broad Growth Index<sup>SM</sup> | JNL/BlackRock Large Cap Select Growth Fund<br>JNL/Fidelity Institutional AM<sup>®</sup> & JPMorgan Large Cap Growth Fund<br>JNL/T. Rowe Price Growth Stock Fund |
| Morningstar<sup>®</sup> US Large-Mid Cap Broad Value Index<sup>SM</sup> | JNL/JPMorgan U.S. Value Fund<br>JNL/MFS Equity Income Fund<br>JNL/Newton Equity Income Fund<br>JNL/T. Rowe Price Value Fund<br>JNL/WMC Value Fund |
| Morningstar<sup>®</sup> US Market Index<sup>SM</sup> | JNL/Mellon U.S. Stock Market Index Fund |
| Morningstar<sup>®</sup> US Market Extended Index<sup>SM</sup> | JNL Multi-Manager Mid Cap Fund<br>JNL Multi-Manager Small Cap Growth Fund<br>JNL Multi-Manager Small Cap Value Fund<br>JNL/DFA U.S. Core Equity Fund<br>JNL/DFA U.S. Small Cap Fund<br>JNL/Invesco Small Cap Growth Fund<br>JNL/JPMorgan MidCap Growth Fund<br>JNL/Mellon Communication Services Sector Fund<br>JNL/Mellon Consumer Discretionary Sector Fund<br>JNL/Mellon Consumer Staples Sector Fund<br>JNL/Mellon Energy Sector Fund<br>JNL/Mellon Financial Sector Fund<br>JNL/Mellon Healthcare Sector Fund<br>JNL/Mellon Industrials Sector Fund<br>JNL/Mellon Information Technology Sector Fund<br>JNL/Mellon Materials Sector Fund<br>JNL/Mellon Real Estate Sector Fund<br>JNL/Mellon S&P 400 MidCap Index Fund<br>JNL/Mellon Small Cap Index Fund<br>JNL/Mellon U.S. Stock Market Index Fund<br>JNL/Mellon Utilities Sector Fund<br>JNL/MFS Mid Cap Value Fund<br>JNL/Morningstar SMID Moat Focus Index Fund<br>JNL/RAFI<sup>®</sup> Fundamental U.S. Small Cap<br>JNL/RAFI<sup>®</sup> Multi-Factor U.S. Equity <br>JNL/T. Rowe Price Mid-Cap Growth Fund |
| Morningstar<sup>®</sup> US Mid Cap Broad Growth Index<sup>SM</sup> | JNL/JPMorgan MidCap Growth Fund<br>JNL/T. Rowe Price Mid-Cap Growth Fund |
| Morningstar<sup>®</sup> US Mid Cap Broad Value Index<sup>SM</sup> | JNL/MFS Mid Cap Value Fund |
| Morningstar<sup>®</sup> US Mid Cap Index<sup>SM</sup> | JNL Multi-Manager Mid Cap Fund |
| Morningstar<sup>®</sup> US Real Estate Index<sup>SM</sup> | JNL/Mellon Real Estate Sector Fund |
| Morningstar<sup>®</sup> US REIT Index<sup>SM</sup> | JNL/Cohen & Steers U.S. Realty Fund |
| Morningstar<sup>®</sup> US Small Cap Broad Growth Extended Index<sup>SM</sup> | JNL Multi-Manager Small Cap Growth Fund<br>JNL/Invesco Small Cap Growth Fund |
| Morningstar<sup>®</sup> US Small Cap Broad Value Extended Index<sup>SM</sup> | JNL Multi-Manager Small Cap Value Fund |
| Morningstar<sup>®</sup> US Small Cap Extended Index<sup>SM</sup> | JNL/DFA U.S. Small Cap Fund<br>JNL/RAFI<sup>®</sup> Fundamental U.S. Small Cap Fund |
| Morningstar<sup>®</sup> US Small-Mid Cap Index<sup>SM</sup> | JNL/Morningstar SMID Moat Focus Index Fund |
| Morningstar<sup>®</sup> US Small-Mid Cap Moat Focus Index<sup>SM</sup> | JNL/Morningstar SMID Moat Focus Index Fund |
| Morningstar<sup>®</sup> US Sustainability Index<sup>SM</sup> | JNL/Morningstar U.S. Sustainability Index Fund |
| Morningstar<sup>®</sup> US Technology Index<sup>SM</sup> | JNL/Mellon Information Technology Sector Fund |

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| | |
|:---|:---|
| Index (collectively, the "Morningstar Indices") | Fund (collectively, the "JNL Funds") |
| Morningstar<sup>®</sup> US Target Market Exposure Index<sup>SM</sup> | JNL Multi-Manager Select Equity Fund<br>JNL/BlackRock Large Cap Select Growth Fund<br>JNL/Cohen & Steers U.S. Realty Fund<br>JNL/Fidelity Institutional AM<sup>®</sup> & JPMorgan Large Cap Growth Fund<br>JNL/JPMorgan Nasdaq<sup>®</sup> Hedged Equity Fund<br>JNL/JPMorgan U.S. Value Fund<br>JNL/Mellon Do<sup>wS</sup>M Index Fu<br>JNL/Mellon Nasdaq<sup>®</sup> 100 Index Fund<br>JNL/Morningstar U.S. Sustainability Index Fund<br>JNL/Newton Equity Income Fund<br>JNL/T. Rowe Price Value Fund<br>JNL/WMC Equity Income Fund<br>JNL/WMC Value Fund |
| Morningstar<sup>®</sup> US Utilities Index<sup>SM</sup> | JNL/Mellon Utilities Sector Fund |
| Morningstar<sup>®</sup> Wide Moat Focus Index<sup>SM</sup> | JNL/Morningstar Wide Moat Index Fund |

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THE MORNINGSTAR ENTITIES AND LSTA DO NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE MORNINGSTAR INDICES OR ANY DATA INCLUDED THEREIN AND SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. THE MORNINGSTAR ENTITIES AND LSTA MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY JNAM, OWNERS OR USERS OF THE JNL FUNDS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE MORNINGSTAR INDICES OR ANY DATA INCLUDED THEREIN. THE MORNINGSTAR ENTITIES AND LSTA MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE MORNINGSTAR INDICES OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE MORNINGSTAR ENTITIES OR LSTA HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

The JNL/RAFI<sup>®</sup> Fundamental U.S. Small Cap Fund and JNL/RAFI<sup>®</sup> Multi-Factor U.S. Equity Fund (the "JNL/RAFI Funds") are not sponsored, offered, or sold in any manner by RAFI Indices, LLC or any of its affiliates, licensors or contractors (the "RAFI Parties") nor do any of the RAFI Parties offer to any person purchasing a product that uses or incorporates a product based on an Index any express or implicit guarantee, warranty or assurance either with regard to the results of using the RAFI Multi-Factor<sup>®</sup> US Index and RAFI<sup>®</sup> Fundamental US Small Company Index (each an "Index") or the Index Price at any time or in any other respect. Each Index is calculated and published by the RAFI Parties. The RAFI Parties use commercially reasonable efforts to ensure that the Index is calculated correctly. None of the RAFI Parties shall be liable to any person purchasing a product that uses or incorporates a product based on the Index for any error, omission, inaccuracy, incompleteness, delay, or interruption in the Index or any data related thereto or have any obligation to point out errors in the Index to any person. Neither publication of each Index by the RAFI Parties nor the licensing of the Index or Index trademark for the purpose of use in connection with the JNL/RAFI Funds constitutes a recommendation by any of the RAFI Parties to invest in nor does it in any way represent an assurance, endorsement or opinion of any of the RAFI Parties with regard to any investment in the JNL/RAFI Funds. The trade names Fundamental Index<sup>®</sup> and RAFI<sup>®</sup> are registered trademarks of Research Affiliates, LLC in the US and other countries.

"Bloomberg<sup>®</sup>" and the Bloomberg Indices (as defined below) are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the index (collectively, "Bloomberg"), and have been licensed for use for certain purposes by Jackson National Asset Management, LLC ("JNAM").

The JNL Funds (as defined below) are not sponsored, endorsed, sold or promoted by Bloomberg. Bloomberg does not make any representation or warranty, express or implied, to the owners of or counterparties to the JNL Funds or any member of the public regarding the advisability of investing in securities generally or in the JNL Funds particularly. The only relationship of Bloomberg to JNAM is the licensing of certain trademarks, trade names and service marks and of the Bloomberg Indices, which is determined, composed and calculated by BISL without regard to JNAM or the JNL Funds. Bloomberg has no obligation to take the needs of JNAM or the owners of the JNL Funds into consideration in determining, composing or calculating the Bloomberg Indices. Bloomberg is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the JNL Funds to be issued. Bloomberg shall not have any obligation or liability, including, without limitation, to JNL Funds customers, in connection with the administration, marketing or trading of the JNL Funds.

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| | |
|:---|:---|
| Index (collectively, the "Bloomberg Indices") | Fund (collectively, the "JNL Funds") |
| Bloomberg 1-3 Yr Gov/Credit Index | JNL/T. Rowe Price Short-Term Bond Fund |
| Bloomberg EM USD Aggregate Index | JNL/DoubleLine<sup>®</sup> Emerging Markets Fixed Income Fund<br>JNL/PPM America Emerging Markets Debt Fund |
| Bloomberg Global Aggregate Index | JNL/DoubleLine<sup>®</sup> Emerging Markets Fixed Income Fund<br>JNL/PPM America Emerging Markets Debt Fund |
| Bloomberg U.S. High Yield – 2% Issuer Cap Index | JNL/PPM America High Yield Bond Fund |
| Bloomberg U.S. Aggregate Index | JNL Aggressive Growth Allocation Fund<br>JNL Conservative Allocation Fund<br>JNL Growth Allocation Fund<br>JNL Growth ETF Allocation Fund<br>JNL Moderate Allocation Fund<br>JNL Moderate ETF Allocation Fund<br>JNL Moderate Growth Allocation Fund<br>JNL Moderate Growth ETF Allocation Fund<br>JNL Multi-Manager Alternative Fund<br>JNL Multi-Manager Floating Rate Income Fund<br>JNL/American Funds Balanced Fund<br>JNL/American Funds Bond Fund of America Fund<br>JNL/American Funds Capital Income Builder Fund<br>JNL/American Funds Growth Allocation Fund<br>JNL/American Funds Moderate Allocation Fund<br>JNL/American Funds Moderate Growth Allocation Fund<br>JNL/DoubleLine<sup>®</sup> Core Fixed Income Fund<br>JNL/DoubleLine<sup>®</sup> Total Return Fund<br>JNL/Dreyfus Government Money Market Fund<br>JNL/Fidelity Institutional AM<sup>®</sup> Total Bond Fund<br>JNL/Franklin Templeton Income Fund<br>JNL/JPMorgan Managed Aggressive Growth Fund<br>JNL/JPMorgan Managed Conservative Fund<br>JNL/JPMorgan Managed Growth Fund<br>JNL/JPMorgan Managed Moderate Fund<br>JNL/JPMorgan Managed Moderate Growth Fund<br>JNL/JPMorgan U.S. Government & Quality Bond Fund<br>JNL/Lord Abbett Short Duration Income Fund<br>JNL/Mellon Bond Index Fund<br>JNL/Neuberger Berman Strategic Income Fund<br>JNL/PIMCO Income Fund<br>JNL/PIMCO Investment Grade Credit Bond Fund<br>JNL/PIMCO Real Return Fund<br>JNL/PPM America High Yield Bond Fund<br>JNL/PPM America Investment Grade Credit Fund<br>JNL/PPM America Total Return Fund<br>JNL/T. Rowe Price Capital Appreciation Fund<br>JNL/T. Rowe Price Short-Term Bond Fund<br>JNL/Vanguard Growth ETF Allocation Fund<br>JNL/Vanguard Moderate ETF Allocation Fund<br>JNL/Vanguard Moderate Growth ETF Allocation Fund<br>JNL/Westchester Capital Event Driven Fund<br>JNL/WMC Balanced Fund |
| Bloomberg U.S. Credit Index | JNL/PIMCO Investment Grade Credit Bond Fund<br>JNL/PPM America Investment Grade Credit Fund |
| Bloomberg U.S. Government Index | JNL/JPMorgan U.S. Government & Quality Bond Fund |
| Bloomberg U.S. Treasury: U.S. TIPS Index | JNL/PIMCO Real Return Fund |
| Bloomberg USD 1 Month Swap Rate Cash Deposit Index | JNL/Dreyfus Government Money Market Fund |

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BLOOMBERG DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE BLOOMBERG INDICES OR ANY DATA RELATED THERETO AND SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS OR INTERRUPTIONS THEREIN. BLOOMBERG DOES NOT MAKE ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY JNAM, OWNERS OF THE JNL FUNDS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE BLOOMBERG INDICES OR ANY DATA RELATED THERETO. BLOOMBERG DOES NOT MAKE ANY EXPRESS OR IMPLIED WARRANTIES AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE BLOOMBERG INDICES OR ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, TO THE MAXIMUM EXTENT ALLOWED BY LAW, BLOOMBERG, ITS LICENSORS, AND ITS AND THEIR RESPECTIVE EMPLOYEES, CONTRACTORS, AGENTS, SUPPLIERS, AND VENDORS SHALL HAVE NO LIABILITY OR RESPONSIBILITY WHATSOEVER FOR ANY INJURY OR DAMAGES-WHETHER DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, PUNITIVE OR OTHERWISE-ARISING IN

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CONNECTION WITH THE JNL FUNDS OR BLOOMBERG INDICES OR ANY DATA OR VALUES RELATING THERETO-WHETHER ARISING FROM THEIR NEGLIGENCE OR OTHERWISE, EVEN IF NOTIFIED OF THE POSSIBILITY THEREOF.

Barclays Capital Inc. and its affiliates ("Barclays") is not the issuer or producer of JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund and Barclays has no responsibilities, obligations or duties to investors in JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund. The Shiller Barclays CAPE™ US Sector II ER USD Index is a trademark owned by Barclays Bank PLC and licensed for use by JNL Series Trust ("JNLST") as the Issuer of JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund. Barclays only relationship with the Issuer in respect of Shiller Barclays CAPE™ US Sector II ER USD Index is the licensing of the Shiller Barclays CAPE™ US Sector II ER USD Index which is determined, composed and calculated by Barclays without regard to the Issuer or the JNL/DoubleLine® Shiller Enhanced CAPE<sup>®</sup> Fund or the owners of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund. Additionally, JNLST or JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund may for itself execute transaction(s) with Barclays in or relating to the Shiller Barclays CAPE™ US Sector II ER USD Index in connection with JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund investors acquire JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund from JNLST and investors neither acquire any interest in Shiller Barclays CAPE™ US Sector II ER USD Index nor enter into any relationship of any kind whatsoever with Barclays upon making an investment in JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund. The JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund is not sponsored, endorsed, sold or promoted by Barclays. Barclays does not make any representation or warranty, express or implied regarding the advisability of investing in the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund or the advisability of investing in securities generally or the ability of the Shiller Barclays CAPE™ US Sector II ER USD Index to track corresponding or relative market performance. Barclays has not passed on the legality or suitability of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund with respect to any person or entity. Barclays is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund to be issued. Barclays has no obligation to take the needs of the Issuer or the owners of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund or any other third party into consideration in determining, composing or calculating the Shiller Barclays CAPE™ US Sector II ER USD Index Barclays has no obligation or liability in connection with administration, marketing or trading of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund.

The licensing agreement between JNLST and Barclays is solely for the benefit of JNLST and Barclays and not for the benefit of the owners of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund, investors or other third parties.

BARCLAYS SHALL HAVE NO LIABILITY TO THE ISSUER, INVESTORS OR TO OTHER THIRD PARTIES FOR THE QUALITY, ACCURACY AND/OR COMPLETENESS OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX OR ANY DATA INCLUDED THEREIN OR FOR INTERRUPTIONS IN THE DELIVERY OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX. BARCLAYS MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER, THE INVESTORS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX OR ANY DATA INCLUDED THEREIN. BARCLAYS MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX OR ANY DATA INCLUDED THEREIN. BARCLAYS RESERVES THE RIGHT TO CHANGE THE METHODS OF CALCULATION OR PUBLICATION, OR TO CEASE THE CALCULATION OR PUBLICATION OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX, AND BARCLAYS SHALL NOT BE LIABLE FOR ANY MISCALCULATION OF OR ANY INCORRECT, DELAYED OR INTERRUPTED PUBLICATION WITH RESPECT TO ANY OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX BARCLAYS SHALL NOT BE LIABLE FOR ANY DAMAGES, INCLUDING, WITHOUT LIMITATION, ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, OR ANY LOST PROFITS AND EVEN IF ADVISED OF THE POSSIBILITY OF SUCH, RESULTING FROM THE USE OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX OR ANY DATA INCLUDED THEREIN OR WITH RESPECT TO THE JNL/DOUBLELINE<sup>®</sup> SHILLER ENHANCED CAPE<sup>®</sup> FUND.

None of the information supplied by Barclays Bank PLC and used in this publication may be reproduced in any manner without the prior written permission of Barclays Capital, the investment banking division of Barclays Bank PLC. Barclays Bank PLC is registered in England No. 1026167. Registered office 1 Churchill Place London E l 4 5HP.

Wilshire<sup>®</sup> is a registered trademark owned by Wilshire Advisors LLC ("Wilshire") and used under license and the Wilshire Indexes<sup>SM</sup> indexes, Wilshire Liquid Alternative Index<sup>SM</sup>, and Wilshire Liquid Alternative Event Driven Index<sup>SM</sup> are service marks owned or licensed by Wilshire OpCo UK Limited and have been licensed by Wilshire Benchmarks US LLC for use by Jackson National Asset Management, LLC. Wilshire OpCo UK Limited and Wilshire Benchmarks US LLC are referred to as "Wilshire Indexes". All copyrightable subject matter in a Wilshire Indexes' index and Wilshire Indexes' data is© 2026 Wilshire Indexes, all rights reserved. The JNL Multi-Manager Alternative Fund and JNL/Westchester Capital Event Driven Fund (together, the "JNL Funds") are not sponsored, endorsed, sold or promoted by Wilshire Indexes and Wilshire Indexes makes no representations, warranties or other commitments with respect to the JNL Funds. Wilshire Indexes does not accept any liability to any person for any loss or damage arising out of any error or omission in the Wilshire Indexes' indexes or Wilshire Indexes' data.

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**APPENDIX C**

**SELLING FIRM SUPPORT**

Below is a complete list of Selling Firms that received marketing and distribution and/or administrative support in 2025 from the Distributor and/or Jackson of NY or our affiliates in relation to the sale of Jackson and Jackson of NY variable insurance products.

Advisor Circle Incorporated

Aegis Capital Corp.

Allegiance Capital

American Funds

Ameriprise

Ameritas Investment Corp.

APW Capital, Inc.

Aria (Retire One)

Arkadios Capital

Arlington Securities, Inc.

Ausdal Financial Partners Inc.

Avantax (formerly H.D. Vest Investment Securities, Inc.)

B Riley Wealth Management

BCG Securities, Inc.

Beacon Pointe Advisors

Benjamin Edwards

Berthel Fisher & Co.

BISA

Bonsai

Brookstone Capital Management, LLC

Cabot Lodge

Cadaret Grant & Company

Calton & Associates, Inc.

Cambridge Investment

Cape Securities, Inc.

Capital Investment Companies

Capital Investment Group, INC

Carson Pacific

Carey Street Partners LLC

Centaurus Financial

Cetera Advisor Networks, LLC

Cetera Advisors, LLC

Cetera Financial Specialists

Cetera Investment Services, LLC

CFD Investments, Inc.

Chase Wealth Management

CitiGroup Global Markets, Inc.

Commonwealth Financial Network

Concorde Investment Services

Concourse Financial

Concurrent Investment Advisors, LLC

Coordinated Capital Securities, Inc.

Cornerstone Capital Management Co.

Country Financial

Cramer

CreativeOne Securities LLC

CUSO Financial Services, Inc. & L.P.

D. A. Davidson & Company

DAI Securities, LLC

Davenport & Company

Dempsey Lord Smith, LLC

DFPG Investments

DPL (The Leader's Group)

Emerson Equities

Equitable Network (formerly AXA)

Equity Services

FIDx

FIG

Financial & Estate Planning Council

Financial Planning Associates

Financial Services Institute

First Citizen Investor

First Heartland Capital, Inc.

First Horizon (formerly FTB Advisors)

Flourish

Focus Financial PArtners LLC

Fortune Financial Services

Founders Financial Securities

FPA

Frost Brokerage Services, Inc.

G. W. Sherwold Associates, Inc.

Geneos Wealth Management, Inc.

Gradient Radient Securities, LLC

Gradient Securities

Grove Point, LLC (formerly H Beck, Inc.)

GWN Securities, Inc.

Halo

Harbour Investment

Hazard & Siegel, Inc.

Hightower Advisors, LLC

Hightower Securities, LLC

Hornor Townsend & Kent, Inc.

IFP Securities, LLC

Independent Financial Group

Innovation Partners, LLC

Institutional Capital Network, Inc.

Integrity Alliance, LLC

International Assets Advisory

Investment Planners Inc.

J W Cole Financial, Inc.

J.P. Morgan Securities LLC

Janney, Montgomery Scott, LLC

JP Morgan Advisors

Kestra Financial Services (formerly NFP Securities, Inc.)

Key Investment Services

Kovack Securities, Inc.

LaSalle St. Securities, LLC

Lifemark Securities

Lincoln Investment Planning

Lion Street

Lion Street Financial, LLC

LL Global, Inc.

LPL Financial Corporation

M & T

M Holdings Securities, Inc.

Madison Ave Securities, Inc.

Merrill Lynch

Mid Atlantic Capital Group, Inc.

Midwest Professional Planners, LTD.

MML Investors Services/ MSI Financial Services

Modern Capital Securities, Inc.

Moloney Securities Co., Inc.

Momentum Independent Network, Inc.

Money Concepts Capital Corp.

Morgan Stanley Smith Barney, LLC

Mutual Group

MWA Financial Services Inc.

NAIFA

Nationwide Planning Associates

Navy Federal Financial Group, LLC

NewEdge Advisors, LLC

Next Financial Group

Northland Securities

OneAmerica Securities, Inc.

Onyx Bridge Wealth Group LLC

Oppenheimer & Co.. Inc.

Osaic (formerly Advisor Group)

Pacific Northwest Financial Advisors, Inc.

Packerland Brokerage Services

Park Avenue Securities

Parkland Securities, LLC

Peak Brokerage Services

Peak Reps

Pensionmark Securities, LLC

Pinnacle Group

PlanMember Securities Corp.

PNC Investments, LLC

Private Client Services, LLC

Producer's Choice

Prospera Financial Services, Inc.

Pruco Securities

Prudential Insurance Company

Purshe Kaplan Sterling

PWA Securities, LLC

Raymond James & Associates, Inc.

RBC Capital Markets Corporation

Rembrandt Financial Group LLC

RFG Advisory, LLC

Robert W Baird & Co., Inc.

Rockefeller Financial

Rogan and Associates

Saltzman

San Blas Securities, LLC

Santander Securities, LLC

SCF Securities

Schwab/TD Ameritrade

Sigma Financial Corporation

Signal Securities, Inc.

Silver Oak Securities

Snowden Account Services, Inc.

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Sorrento Pacific Financial

Spire Securities

State Farm

Steward Partners Investment Solutions, LLC

Stifel Nicolaus & Co., Inc.

StoneX Securities Inc.

Summit Global Investments LLC

Supreme Alliance LLC

Tandem Securities, Inc.

The Advisors Development Network LLC

The Huntington Investment Company

The National Association of Personal Financial Advisors

The O.N. Equity Sales Company

Thrasher & Company, Inc.

Thrivent

Top Producer International, LLC

Transamerica Financial Services, Inc.

Trek Financial, LLC

Trinity Wealth Securities, LLC

Truist Investment Services, Inc.

UBS Financial Services, Inc.

UnionBanc Investment Services, LLC

United Planners Financial

US Bancorp Investments, Inc.

USA Financial Securities Corp.

ValMark Securities, Inc.

Vanderbilt Securities

Verity Investments, Inc.

VestGen Wealth Partners, LLC

Voya Financial Advisors

Wealth Enhancement Brokerage Services, LLC

Wealthplan Investment Management

Wells Fargo Advisors / Investments

Western International Securities

Westminster Financial

Wintrust Investments, LLC

World Equity Group

World Investments, Inc.

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**APPENDIX D**

**GMWB PROSPECTUS EXAMPLES**

**I.**&nbsp;&nbsp;&nbsp;&nbsp;**AUTOGUARD**

Unless otherwise specified, the following examples assume you elected an AutoGuard GMWB with a 5% benefit when you purchased your Contract, no other add-on benefits were elected, your initial Premium payment was $100,000, your GAWA is greater than your RMD (if applicable) at the time a withdrawal is requested, all partial withdrawals requested include any applicable charges, and no prior partial withdrawals have been made. The examples also assume that the GMWB has not been terminated as described in the Access to Your Money section of this prospectus.

**Example 1: This example demonstrates how GMWB values are set at election.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 1a: If the GMWB is elected at issue:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial GWB is $100,000, which is your initial Premium payment.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $5,000, which is 5% of your initial GWB ($100,000 \* 0.05 = $5,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 1b : If the GMWB is elected after issue (if permitted) when the Contract Value is $105,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial GWB is $105,000, which is your Contract Value ($105,000) on the effective date of the endorsement.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $5,250, which is 5% of your initial GWB ($105,000 \* 0.05 = $5,250).

**Example 2: This example demonstrates how your GAWA is determined.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ If your GAWA% is 5% based on your Contract and your GWB is $100,000, your initial GAWA is $5,000, which is your GAWA% multiplied by your GWB at that time ($100,000 \* 0.05 = $5,000).

**Example 3: This example demonstrates how upon payment of a subsequent Premium, GMWB values may be re-determined.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 3a: This example demonstrates what happens if you make an additional Premium payment of $50,000 and your GWB is $100,000 at the time of payment:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $150,000, which is your GWB prior to the additional Premium payment ($100,000) plus your additional Premium payment ($50,000). Your GWB is subject to a maximum of $10,000,000 (see Example 3b).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $7,500, which is your GAWA prior to the additional Premium payment ($5,000) plus 5% of the amount of increase in your GWB resulting from the additional Premium payment

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 3b: This example demonstrates how GWB and GAWA are affected by the GWB $10,000,000 maximum, upon payment of a subsequent Premium. If you make an additional Premium payment of $100,000 and your GWB is $9,950,000 and your GAWA is $497,500 at the time of payment:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $10,000,000, which is the maximum, since your GWB prior to the additional Premium payment ($9,950,000) plus your additional Premium payment ($100,000) exceeds the maximum of $10,000,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $500,000, which is your GAWA prior to the additional Premium payment ($497,500) plus 5% of the allowable $50,000 increase in your GWB (($10,000,000 - $9,950,000) \* 0.05 = $2,500).

**Example 4: This example demonstrates how GMWB values are re-determined upon withdrawal of the guaranteed amount (which is your GAWA for endorsements for non-qualified and qualified Contracts that do not permit withdrawals in excess of the GAWA or which is the greater of your GAWA or your RMD for those GMWBs related to qualified Contracts that permit withdrawals in excess of the GAWA to equal your RMD).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 4a: This example demonstrates what happens if you withdraw an amount equal to your GAWA ($5,000) when your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $95,000, which is your GWB prior to the withdrawal ($100,000) less the amount of the withdrawal ($5,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, since you did not withdraw an amount that exceeds your GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($95,000 / $5,000 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 4b: This example demonstrates what happens if you withdraw an amount equal to your RMD ($7,500), which is greater than your GAWA ($5,000) when your GWB is $100,000 and the RMD provision is in effect for your endorsement:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $92,500, which is your GWB prior to the withdrawal ($100,000) less the amount of the withdrawal ($7,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, since your withdrawal did not exceed the greater of your GAWA ($5,000) or your RMD ($7,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($92,500 / $5,000 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where your minimum death benefit is reduced proportionately for withdrawals, your death benefit may be reduced by more than the amount of the withdrawal.

**Example 5: This example demonstrates how GMWB values are re-determined upon withdrawal of an amount that exceeds your guaranteed amount (as defined in Example 4).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 5a: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $130,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $91,200, which is your GWB reduced dollar-for-dollar for your GAWA, then reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($130,000 - $5,000)) = $91,200].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,800, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1 - ($10,000 - $5,000) / ($130,000 - $5,000)) = $4,800]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($91,200 / $4,800 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 5b: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $105,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $90,250, which is your GWB reduced dollar-for-dollar for your GAWA, then reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($105,000 - $5,000)) = $90,250].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,750, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1 - ($10,000 - $5,000) / ($105,000 - $5,000)) = $4,750]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($90,250 / $4,750 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 5c: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $55,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $85,500, which is your GWB reduced dollar-for-dollar for your GAWA, then reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($55,000 - $5,000)) = $85,500].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,500, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1-($10,000-$5,000) / ($55,000 - $5,000))=$4,500]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($85,500 / $4,500 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your GWB falls below your GAWA, your GAWA will be adjusted to equal your GWB.

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⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where your minimum death benefit is reduced proportionately for withdrawals, your death benefit may be reduced by more than the amount of the withdrawal.

**Example 6: This example illustrates how GMWB values are re-determined upon step-up.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 6a: This example demonstrates what happens if at the time of step-up your Contract Value is $200,000, your GWB is $90,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $200,000, which is equal to your Contract Value.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year is recalculated to equal $10,000, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($200,000 \* 0.05 = $10,000).

-&nbsp;&nbsp;&nbsp;&nbsp;After step-up, if you continued to take annual withdrawals equal to your GAWA, it would take an additional 20 years to deplete your GWB ($200,000 / $10,000 per year = 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 6b: This example demonstrates what happens if at the time of step-up your Contract Value is $90,000, your GWB is $80,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $90,000, which is equal to your Contract Value.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($90,000 \* 0.05 = $4,500).

-&nbsp;&nbsp;&nbsp;&nbsp;After step-up, if you continued to take annual withdrawals equal to your GAWA, it would take an additional 18 years to deplete your GWB ($90,000 / $5,000 per year = 18 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB will only step-up to the Contract Value if the Contract Value is greater than your GWB at the time of the automatic step-up.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated upon step-up (as described above) only if the step-up occurs after your GAWA% has been determined.

**Example 7: This example demonstrates how the timing of a withdrawal request interacts with the timing of the step-up provision to impact re-determination of GMWB values.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 7a: This example demonstrates what happens if prior to any transactions your Contract Value is $200,000, your GAWA is $5,000, your GWB is $100,000 and you wish to step-up your GWB (or your GWB is due to step-up automatically) and you also wish to take a withdrawal of an amount equal to $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you request the withdrawal the day after the step-up, upon step-up, your GWB is set equal to $200,000, which is your Contract Value. At that time, your GAWA is recalculated and is equal to $10,000, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($200,000 \* 0.05 = $10,000). On the day following the step-up and after the withdrawal of $5,000, your new GWB is $195,000, which is your GWB less the amount of the withdrawal ($200,000 - $5,000 = $195,000) and your GAWA will remain at $10,000 since the amount of the withdrawal does not exceed your GAWA. If you continued to take annual withdrawals equal to your GAWA, it would take approximately an additional 20 years to deplete your GWB ($195,000 / $10,000 per year = approximately 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you request the withdrawal prior to the step-up, immediately following the withdrawal transaction, your new GWB is $95,000, which is your GWB less the amount of the withdrawal ($100,000 - $5,000 = $95,000) and your Contract Value becomes $195,000, which is your Contract Value prior to the withdrawal less the amount of the withdrawal ($200,000 - $5,000 = $195,000). Upon step-up following the withdrawal, your GWB is set equal to $195,000, which is your Contract Value. At that time, your GAWA is recalculated and is equal to $9,750, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($195,000 \* 0.05 = $9,750). If you continued to take annual withdrawals equal to your GAWA, it would take an additional 20 years to deplete your GWB ($195,000 / $9,750 per year = 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;As the example illustrates, when considering a request for a withdrawal at or near the same time as the election or automatic application of a step-up, the order of the transactions may impact your GAWA.

-&nbsp;&nbsp;&nbsp;&nbsp;If the step-up would result in an increase in your GAWA and the requested withdrawal is less than or equal to your new GAWA, your GAWA resulting after the two transactions would be greater if the withdrawal is requested after the step-up is applied.

-&nbsp;&nbsp;&nbsp;&nbsp;If the step-up would result in an increase in your GAWA and the requested withdrawal is greater than your new GAWA, your GAWA resulting after the two transactions would be greater if the withdrawal is requested after the step-up is applied.

-&nbsp;&nbsp;&nbsp;&nbsp;Otherwise, your GAWA resulting from the transactions is the same regardless of the order of transactions.

⬧&nbsp;&nbsp;&nbsp;&nbsp;This example would also apply in situations when the withdrawal exceeded your GAWA but not your permissible RMD.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB will only step-up to the Contract Value if the Contract Value is greater than your GWB at the time of the automatic step-up.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where your minimum death benefit is reduced proportionately for withdrawals, your death benefit may be reduced by more than the amount of the withdrawal.

**II.**&nbsp;&nbsp;&nbsp;&nbsp;**FLEX NET GMWB**

Unless otherwise specified, the following examples apply to and assume you elected Flex Net GMWB (referred to as LifeGuard Freedom Net GMWB prior to August 28, 2023, and referred to below as a GMWB) when you purchased your Contract, no other add-on benefits were elected, your initial Premium payment was $100,000, your GAWA is greater than your RMD (if applicable) at the time a withdrawal is requested, all partial withdrawals requested include any applicable charges and no prior partial withdrawals have been made. The examples assume that your age when the GAWA% is first determined corresponds to a GAWA% of 5%, the GMWB elected has a bonus percentage of 5%, and the GMWB and any For Life Guarantee have not been terminated. If your age at the time the GAWA% is first determined corresponds to a GAWA% other than 5%, the examples will still apply, given that you replace the 5% in each of the GAWA calculations with the appropriate GAWA%.

**Example 1: This example demonstrates how GMWB values are set at election.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Your initial GWB is $100,000, which is your initial Premium payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Your GAWA is $5,000, which is 5% of your initial GWB ($100,000 \* 0.05 = $5,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial Bonus Base is set equal to your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial GWB Adjustment is set equal to 180% times your initial GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial GMWB Earnings Determination Baseline is set equal to your initial Premium payment.

**Example 2: This example demonstrates how your GAWA% is determined. Your GAWA% is determined on the earlier of the date you elect to opt out of GMWB charge increases, the time of your first withdrawal, the date that your Contract Value reduces to zero, the date that the GMWB is continued by a spousal Beneficiary, or upon election of a GMWB Income Option. Your GAWA% is set based upon your attained age at that time. Your initial GAWA is determined based on this GAWA% and the GWB at that time.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ If, at the time the GAWA% is determined, your GAWA% is 5% based on your attained age and your GWB is $100,000, your initial GAWA is $5,000, which is your GAWA% multiplied by your GWB at that time ($100,000 \* 0.05 = $5,000).

**Example 3: This example demonstrates how upon payment of a subsequent Premium, GMWB values may be re-determined.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 3a: This example demonstrates what happens if you make an additional Premium payment of $50,000, and your GWB is $100,000 at the time of payment:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $150,000, which is your GWB prior to the additional Premium payment ($100,000) plus your additional Premium payment ($50,000). Your GWB is subject to a maximum of $10,000,000 (see Example 4b).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $7,500, which is your GAWA prior to the additional Premium payment ($5,000) plus 5% of your additional Premium payment ($50,000 \* 0.05 = $2,500).

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 3b: This example demonstrates how GWB and GAWA are affected by the GWB $10,000,000 maximum, upon payment of a subsequent Premium. If you make an additional Premium payment of $100,000 and your GWB is $9,950,000 and your GAWA is $497,500 at the time of payment:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $10,000,000, which is the maximum, since your GWB prior to the additional Premium payment ($9,950,000) plus your additional Premium payment ($100,000) exceeds the maximum of $10,000,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $500,000, which is your GAWA prior to the additional Premium payment ($497,500) plus 5% of the allowable $50,000 increase in your GWB (($10,000,000 - $9,950,000) \* 0.05 = $2,500).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated upon payment of an additional Premium (as described above) only if such payment occurs after your GAWA % has been determined.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base is increased by the Premium payment, subject to a maximum of $10,000,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the Premium payment occurs prior to the first Contract Anniversary, your GWB Adjustment is increased by the Premium payment, net of any applicable taxes, times 180%, subject to a maximum of $10,000,000. For example, if you make an additional Premium payment, net of any applicable taxes, of $50,000 prior to your first Contract Anniversary, and your GWB Adjustment value before the additional Premium payment is $180,000, then the GWB Adjustment is increased by 180% of the additional Premium payment, net of any applicable taxes. The resulting GWB Adjustment is $180,000 + $90,000 = $270,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the Premium payment occurs on or after the first Contract Anniversary, your GWB Adjustment is increased by the Premium payment, subject to a maximum of $10,000,000. For example, if you make an additional Premium payment, net of any applicable taxes, of $50,000 **after** your first Contract Anniversary, and your GWB Adjustment value before the additional Premium payment is $180,000, then the GWB Adjustment is increased by 100% of the additional Premium payment, net of any applicable taxes. The resulting GWB Adjustment is $180,000 + $50,000 = $230,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Earnings Determination Baseline is increased by the Premium payment. The GMWB Earnings Determination Baseline is not subject to a maximum of $10,000,000.

**Example 4: This example demonstrates how GMWB values are re-determined upon withdrawal of the guaranteed amount (which is the greater of your GAWA or your RMD).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 4a: This example demonstrates what happens if you withdraw an amount equal to your GAWA ($5,000) when your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $95,000, which is your GWB prior to the withdrawal ($100,000) less the amount of the withdrawal ($5,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, since you did not withdraw an amount that exceeds your GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($95,000 / $5,000 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 4b: This example demonstrates what happens if you withdraw an amount equal to your RMD ($7,500), which is greater than your GAWA ($5,000) when your GWB is $100,000 and the RMD provision is in effect for your endorsement:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $92,500, which is your GWB prior to the withdrawal ($100,000) less the amount of the withdrawal ($7,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, since your withdrawal did not exceed the greater of your GAWA ($5,000) or your RMD ($7,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you continued to take annual withdrawals equal to your GAWA, it would take approximately an additional 19 years to deplete your GWB ($92,500 / $5,000 per year = approximately 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base remains unchanged since the withdrawal did not exceed the guaranteed amount; however, no bonus will be applied to your GWB at the end of the Contract Year in which the withdrawal is taken.

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⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Guaranteed Withdrawal Balance Adjustment provision is terminated since a withdrawal is taken.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where your minimum death benefit is reduced proportionately for withdrawals, your death benefit may be reduced by more than the amount of the withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;This endorsement includes an Earnings-Sensitive Adjustment provision:

-&nbsp;&nbsp;&nbsp;&nbsp;The GMWB Earnings Determination Baseline will be reduced by the amount of the withdrawal in excess of GMWB Earnings. The GMWB Earnings Determination Baseline cannot be reduced below zero, however. See Example 14.

-&nbsp;&nbsp;&nbsp;&nbsp;An Earnings-Sensitive Adjustment will apply to your withdrawal, which will allow you to withdraw additional amounts from your Contract during that Contract Year without causing a proportional reduction of your GMWB. See Examples 14a and 14b.

**Example 5: This example demonstrates how GMWB values are re-determined upon withdrawal of an amount that exceeds your guaranteed amount (as defined in Example 4).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 5a: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $130,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $91,200, which is your GWB reduced dollar-for-dollar for your GAWA, then reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($130,000 - $5,000)) = $91,200].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,800, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1 - ($10,000 - $5,000) / ($130,000 - $5,000)) = $4,800]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($91,200 / $4,800 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 5b: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $105,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $90,250, which is your GWB reduced dollar-for-dollar for your GAWA, then reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($105,000 - $5,000)) = $90,250].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,750, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1 - ($10,000 - $5,000) / ($105,000 - $5,000)) = $4,750]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($90,250 / $4,750 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 5c: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $55,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $85,500, which is your GWB reduced dollar-for-dollar for your GAWA, then reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($55,000 - $5,000)) = $85,500].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,500, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1-($10,000-$5,000) / ($55,000 - $5,000))=$4,500]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($85,500 / $4,500 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners,

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until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base is recalculated to equal the lesser of 1) your Bonus Base prior to the withdrawal or 2) your GWB following the withdrawal. In addition, no bonus will be applied to your GWB at the end of the Contract Year in which the withdrawal is taken.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Guaranteed Withdrawal Balance Adjustment provision is terminated since a withdrawal is taken.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where your minimum death benefit is reduced proportionately for withdrawals, your death benefit may be reduced by more than the amount of the withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;This endorsement includes an Earnings-Sensitive Adjustment provision:

-&nbsp;&nbsp;&nbsp;&nbsp;The GMWB Earnings Determination Baseline will be reduced by the amount of the withdrawal in excess of GMWB Earnings. The GMWB Earnings Determination Baseline cannot be reduced below zero, however. See Example 14.

-&nbsp;&nbsp;&nbsp;&nbsp;Your GWB will be reduced dollar-for-dollar for up to the sum of the Earnings-Sensitive Adjustments during that Contract Year and the GAWA, and your GWB and GAWA will be reduced proportionally only for the portion of the withdrawal in excess of that amount. See Example 14c.

**Example 6: This example illustrates how GMWB values are re-determined upon step-up.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 6a: This example demonstrates what happens if at the time of step-up your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) is $200,000, your GWB is $90,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $200,000, which is equal to your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable).

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your Bonus Base is $100,000 just prior to the step-up, your Bonus Base is recalculated to equal $200,000, which is the greater of 1) your Bonus Base prior to the step-up ($100,000) or 2) your GWB following the step-up ($200,000).

-&nbsp;&nbsp;&nbsp;&nbsp;If you have not passed your Contract Anniversary immediately following your 80<sup>th</sup> birthday (or the youngest Covered Life's 80<sup>th</sup> birthday if your endorsement is a For Life GMWB with Joint Option), your Bonus Period will re-start since your Bonus Base has been increased due to the step-up.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 6b: This example demonstrates what happens if at the time of step-up your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) is $90,000, your GWB is $80,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $90,000, which is equal to your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($90,000 \* 0.05 = $4,500).

-&nbsp;&nbsp;&nbsp;&nbsp;After step-up, if you continued to take annual withdrawals equal to your GAWA, it would take an additional 18 years to deplete your GWB ($90,000 / $5,000 per year = 18 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 18 years, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your Bonus Base is $100,000 just prior to the step-up, your Bonus Base remains $100,000, which is the greater of 1) your Bonus Base prior to the step-up ($100,000) or 2) your GWB following the step-up ($90,000).

-&nbsp;&nbsp;&nbsp;&nbsp;Even though this endorsement allows for the Bonus Period to re-start, your Bonus Period will not re-start since your Bonus Base has not been increased due to the step-up.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB will only step-up to the Contract Value if the Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) is greater than your GWB at the time of the automatic step-up.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base will be re-determined only if your GWB is increased upon step-up to a value above your Bonus Base just prior to the step-up.

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⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated upon step-up (as described above) only if the step-up occurs after your GAWA% has been determined.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB Adjustment remains unchanged since step-ups do not impact the GWB Adjustment.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Earnings Determination Baseline remains unchanged since step-ups do not impact the GMWB Earnings Determination Baseline.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement bases Step-Ups on the highest quarterly Contract Value, the highest quarterly Contract Value is equal to the highest of the quarterly adjusted Contract Values from the four most recent Contract Quarterly Anniversaries, including the Contract Anniversary upon which the Step-Up is determined. The quarterly adjusted Contract Value is equal to the Contract Value on the Contract Quarterly Anniversary, plus any premium paid subsequent to that Contract Quarterly Anniversary, net of any applicable taxes, adjusted for any partial withdrawals taken subsequent to that Contract Quarterly Anniversary.

-&nbsp;&nbsp;&nbsp;&nbsp;All adjustments are made on the date of the transaction. The quarterly adjusted Contract Value is first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (as defined in example 5), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal.

**Example 7: This example demonstrates how the timing of a withdrawal request interacts with the timing of the step-up provision to impact re-determination of GMWB values.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example7a: This example demonstrates what happens if prior to any transactions your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) is $200,000, your GAWA is $5,000, your GAWA% is not eligible for re-determination upon step-up your GWB is $100,000 and you wish to step-up your GWB (or your GWB is due to step-up automatically) and you also wish to take a withdrawal of an amount equal to $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you request the withdrawal the day after the step-up, upon step-up, your GWB is set equal to $200,000, which is your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable). At that time, your GAWA is recalculated and is equal to $10,000, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($200,000 \* 0.05 = $10,000). On the day following the step-up and after the withdrawal of $5,000, your new GWB is $195,000, which is your GWB less the amount of the withdrawal ($200,000 - $5,000 = $195,000) and your GAWA will remain at $10,000 since the amount of the withdrawal does not exceed your GAWA. If you continued to take annual withdrawals equal to your GAWA, it would take approximately an additional 20 years to deplete your GWB ($195,000 / $10,000 per year = approximately 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 20 years, provided that the withdrawals are taken prior to the Latest Income Date.

-&nbsp;&nbsp;&nbsp;&nbsp;If your Bonus Base is $100,000 just prior to the step-up, at the time of step-up, your Bonus Base is recalculated and is equal to $200,000, which is the greater of 1) your Bonus Base prior to the step-up ($100,000) or 2) your GWB following the step-up ($200,000). Your Bonus Base is not adjusted upon withdrawal since the amount of the withdrawal does not exceed your GAWA.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.If you have not passed the Contract Anniversary immediately following your 80<sup>th</sup> birthday (or the youngest Covered Life's 80<sup>th</sup> birthday if your endorsement is a For Life GMWB with Joint Option), your Bonus Period will re-start since your Bonus Base has been increased due to the step-up.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you request the withdrawal prior to the step-up, immediately following the withdrawal transaction, your new GWB is $95,000, which is your GWB less the amount of the withdrawal ($100,000 - $5,000 = $95,000) and your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) becomes $195,000, which is your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) prior to the withdrawal less the amount of the withdrawal ($200,000 - $5,000 = $195,000). Upon step-up following the withdrawal, your GWB is set equal to $195,000, which is your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable). At that time, your GAWA is recalculated and is equal to $9,750, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($195,000 \* 0.05 = $9,750). If you continued to take annual withdrawals equal to your GAWA, it would take an additional 20 years to deplete your GWB ($195,000 / $9,750 per year = 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 20 years, provided that the withdrawals are taken prior to the Latest Income Date.

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-&nbsp;&nbsp;&nbsp;&nbsp;If your Bonus Base is $100,000 just prior to the withdrawal, then at the time of the withdrawal, your Bonus Base is not adjusted since the amount of the withdrawal does not exceed your GAWA. At the time of step-up, your Bonus Base is recalculated and is equal to $195,000, which is the greater of 1) your Bonus Base prior to the step-up ($100,000) or 2) your GWB following the step-up ($195,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.If you have not passed the Contract Anniversary immediately following your 80<sup>th</sup> birthday (or the youngest Covered Life's 80<sup>th</sup> birthday if your endorsement is a For Life GMWB with Joint Option), your Bonus Period will re-start since your Bonus Base has been increased due to the step-up.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;As the example illustrates, when considering a request for a withdrawal at or near the same time as the election or automatic application of a step-up, the order of the transactions may impact your GAWA.

-&nbsp;&nbsp;&nbsp;&nbsp;If the step-up would result in an increase in your GAWA and the requested withdrawal is less than or equal to your new GAWA, your GAWA resulting after the two transactions would be greater if the withdrawal is requested after the step-up is applied. This is especially true if your endorsement allows for re-determination of the GAWA% and the step-up would result in a re-determination of the GAWA%.

-&nbsp;&nbsp;&nbsp;&nbsp;If the step-up would result in an increase in your GAWA, and the withdrawal requested is greater than your new GAWA, your GAWA resulting after the two transactions would be greater if the withdrawal is requested after the step-up is applied.

-&nbsp;&nbsp;&nbsp;&nbsp;Otherwise, your GAWA resulting from the transactions is the same regardless of the order of transactions.

⬧&nbsp;&nbsp;&nbsp;&nbsp;This example would also apply in situations when the withdrawal exceeded your GAWA but not your permissible RMD.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB will only step-up to the Contract Value if the Contract Value is greater than your GWB at the time of the automatic step-up.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base will be re-determined only if your GWB is increased upon step-up to a value above your Bonus Base just prior to the step-up.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA% is determined at the time of the withdrawal (if not previously determined).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Guaranteed Withdrawal Balance Adjustment provision is terminated at the time of the withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where your minimum death benefit is reduced proportionately for withdrawals, your death benefit may be reduced by more than the amount of the withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Earnings Determination Baseline would not be adjusted for the step-up since step-ups do not impact the GMWB Earnings Determination Baseline, but your GMWB Earnings Determination Baseline may be reduced for the withdrawal. See example 14 to see how the GMWB Earnings Determination Baseline is re-determined on a withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement bases Step-Ups on the highest quarterly Contract Value, the highest quarterly Contract Value is equal to the highest of the quarterly adjusted Contract Values from the four most recent Contract Quarterly Anniversaries, including the Contract Anniversary upon which the Step-Up is determined. The quarterly adjusted Contract Value is equal to the Contract Value on the Contract Quarterly Anniversary, plus any premium paid subsequent to that Contract Quarterly Anniversary, net of any applicable taxes, adjusted for any partial withdrawals taken subsequent to that Contract Quarterly Anniversary.

-&nbsp;&nbsp;&nbsp;&nbsp;All adjustments are made on the date of the transaction. The quarterly adjusted Contract Value is first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (as defined in example 5), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal.

**Example 8: This example illustrates how GMWB values are re-determined upon application of the Guaranteed Withdrawal Balance Bonus.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 8a: This example demonstrates what happens if at the end of a Contract Year in which you have taken no withdrawals, your GWB is $100,000, your Bonus Base is $100,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $105,000, which is equal to your GWB plus 5% of your Bonus Base ($100,000 + $100,000 \* 0.05 = $105,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year is recalculated to equal $5,250, which is the greater of 1) your GAWA prior to the application of the bonus ($5,000) or 2) 5% of your new GWB ($105,000 \* 0.05 = $5,250).

⬧&nbsp;&nbsp;&nbsp;&nbsp;After the application of the bonus, if you continued to take annual withdrawals equal to your GAWA, it would take an additional 20 years to deplete your GWB ($105,000 / $5,250 per year = 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving

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Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 20 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 8b: This example demonstrates what happens if at the end of a Contract Year in which you have taken no withdrawals, your GWB is $90,000, your Bonus Base is $100,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $95,000, which is equal to your GWB plus 5% of your Bonus Base ($90,000 + $100,000 \* 0.05 = $95,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, which is the greater of 1) your GAWA prior to the application of the bonus ($5,000) or 2) 5% of your new GWB ($95,000 \* 0.05 = $4,750).

⬧&nbsp;&nbsp;&nbsp;&nbsp;After the application of the bonus, if you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($95,000 / $5,000 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base is not recalculated upon the application of the bonus to your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated upon the application of the bonus (as described above) only if the application of the bonus occurs after your GAWA% has been determined.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB Adjustment remains unchanged since the GWB Adjustment is not impacted by the application of the bonus.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Earnings Determination Baseline remains unchanged since the GMWB Earnings Determination Baseline is not impacted by the application of the bonus.

**Example 9: This example illustrates how the GAWA is re-determined when the For Life Guarantee becomes effective after the effective date of the endorsement. At the time the For Life Guarantee becomes effective, your GAWA is re-determined.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 9a: This example demonstrates what happens if on the reset date your Contract Value is $30,000, your GWB is $50,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year is recalculated to equal $2,500, which is equal to 5% of the current GWB ($50,000 \* 0.05 = $2,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;The For Life Guarantee becomes effective, thus allowing you to make annual withdrawals equal to your GAWA for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), provided that the withdrawals are taken prior to the Latest Income Date. Once the For Life Guarantee becomes effective, it remains in effect until the endorsement is terminated, as described in the Access to Your Money section of this prospectus, or upon continuation of the Contract by the spouse (unless your endorsement is a For Life GMWB with Joint Option and the spouse continuing the Contract is a Covered Life in which case the For Life Guarantee remains in effect upon continuation of the Contract by the spouse).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 9b: This example demonstrates what happens if your Contract Value has fallen to $0 prior to the reset date, your GWB is $50,000 and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;You will continue to receive automatic payments of a total annual amount that equals your GAWA until your GWB is depleted. However, your GAWA would not be permitted to exceed your remaining GWB. Your GAWA is not recalculated since the Contract Value is $0.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The For Life Guarantee does not become effective due to the depletion of the Contract Value prior to the effective date of the For Life Guarantee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 9c: This example demonstrates what happens if on the reset date, your Contract Value is $50,000, your GWB is $0, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year is recalculated to equal $0, which is equal to 5% of the current GWB ($0 \* 0.05 = $0).

⬧&nbsp;&nbsp;&nbsp;&nbsp;The For Life Guarantee becomes effective, thus allowing you to make annual withdrawals equal to your GAWA for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), provided that the withdrawals are taken prior to the Latest Income Date. Once the For Life Guarantee becomes effective, it remains in effect until the endorsement is terminated, as described in the Access to Your Money section of this prospectus, or upon continuation of

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the Contract by the spouse (unless your endorsement is a For Life GMWB with Joint Option and the spouse continuing the Contract is a Covered Life in which case the For Life Guarantee remains in effect upon continuation of the Contract by the spouse).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Although your GAWA is $0, upon step-up or subsequent Premium payments, your GWB and your GAWA would increase to values greater than $0 and since the For Life Guarantee has become effective, you could withdraw an annual amount equal to your GAWA for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your reset date is the Contract Anniversary on or immediately following the date you attain age 59½ (or in the case of Joint Owners, the oldest Joint Owner attains age 59½ or the date the youngest Covered Life attains, or would have attained, age 59½ if your endorsement is a For Life GMWB with Joint Option).

**Example 10: This example illustrates how the For Life Guarantee is affected upon death of the Owner on a For Life GMWB with Joint Option. (This example only applies if your endorsement is a For Life GMWB with Joint Option.)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This example demonstrates what happens if at the time of the death of the Owner (or either Joint Owner) the Contract Value is $105,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement has a For Life Guarantee that becomes effective after the effective date of the endorsement, the surviving Covered Life may continue the Contract and the For Life Guarantee will remain in effect or become effective on the Contract Anniversary on the reset date. Once the For Life Guarantee becomes effective, the surviving Covered Life will be able to take annual withdrawals equal to the GAWA for the rest of his or her life, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement has a For Life Guarantee that becomes effective on the effective date of the endorsement, the surviving Covered Life may continue the Contract and the For Life Guarantee will remain in effect. The GAWA% and the GAWA will continue to be determined or re-determined based on the youngest Covered Life's attained age (or the age he or she would have attained). The surviving Covered Life will be able to take annual withdrawals equal to the GAWA for the rest of his or her life, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The surviving spouse who is not a Covered Life may continue the Contract and the For Life Guarantee is null and void. However, the surviving spouse will be entitled to make withdrawals until the GWB is exhausted, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB remains $100,000 and your GAWA remains unchanged at the time of continuation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement has a For Life Guarantee that becomes effective after the effective date of the endorsement, your reset date is the Contract Anniversary on or immediately following the date that the youngest Covered Life attains (or would have attained) age 59½.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base remains unchanged at the time of continuation.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Earnings Determination Baseline remains unchanged at the time of continuation.

**Example 11: This example demonstrates how the GWB is re-determined upon application of the Guaranteed Withdrawal Balance Adjustment.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 11a: This example demonstrates what happens if on the GWB Adjustment Date, your GWB is $160,000, your GWB Adjustment is $180,000, and you have taken no withdrawals on or prior to the GWB Adjustment Date:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $180,000, which is the greater of 1) your GWB prior to the application of the GWB Adjustment ($160,000) or 2) the GWB Adjustment ($180,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 11b: This example demonstrates what happens if on the GWB Adjustment Date, your GWB is $210,000, your GWB Adjustment is $180,000, and you have taken no withdrawals on or prior to the GWB Adjustment Date:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $210,000, which is the greater of 1) your GWB prior to the application of the GWB Adjustment ($210,000) or 2) the GWB Adjustment ($180,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;The GWB Adjustment provision is terminated on the GWB Adjustment Date after the GWB Adjustment is applied (if any).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Since you have taken no withdrawals, your GAWA% and GAWA have not yet been determined, thus no adjustment is made to your GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;No adjustment is made to your Bonus Base since the Bonus Base is not impacted by the GWB Adjustment.

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⬧&nbsp;&nbsp;&nbsp;&nbsp;No adjustment is made to your GMWB Earnings Determination Baseline since the GMWB Earnings Determination Baseline is not impacted by the GWB Adjustment.

**Example 12: This example expands on the basic examples at pages [75](#ie4c40e76d4f646c98c456f38659eb40f_62536) and [88](#i64afb4c3f01444b4979c61266dd17503_69367) and demonstrates how GMWB values are valued and re-determined at the time of a withdrawal when the Earnings-Sensitive Adjustment increases the permissible withdrawal amount.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 12a: This example demonstrates how the Earnings-Sensitive Adjustment is applied if the GMWB Earnings are in excess of the total withdrawal. This example assumes that you request a withdrawal that includes the applicable Earnings-Sensitive Adjustment, if any, where at the time of the withdrawal your Contract Value is $118,000, your GWB is $100,000, your GAWA is $5,000, your GMWB Earnings Determination Baseline is $100,000, and the For Life Guarantee is in effect. You have taken no other partial withdrawals during the current Contract Year. Thus, your requested withdrawal amount (before the application of the Earnings-Sensitive Adjustment) is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Earnings are equal to $18,000, which is the greater of zero and your Contract Value less your GMWB Earnings Determination Baseline ($118,000 - $100,000 = $18,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your MEWAR is equal to $5,000, which is the greater of zero and the Earnings-Sensitive Adjustments thus far in the current Contract Year plus the GAWA less all partial withdrawals thus far in the current Contract Year ($0 + $5,000 - $0 = $5,000). Since no withdrawals have been taken in the current Contract Year the MEWAR equals the GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The Earnings-Sensitive Adjustment is equal to $3,333, which is the lesser of two quantities:

-&nbsp;&nbsp;&nbsp;&nbsp;$7,200, which is equal to 40% of the GMWB Earnings (0.40 \* $18,000 = $7,200)

-&nbsp;&nbsp;&nbsp;&nbsp;$3,333, which is equal to 2/3 of the lesser of the MEWAR and the withdrawal amount prior to the Earnings-Sensitive Adjustment (2/3 \* $5,000 = $3,333).

⬧&nbsp;&nbsp;&nbsp;&nbsp;The total withdrawal amount is equal to $8,333, which is the requested withdrawal amount before the Earnings-Sensitive Adjustment (or your MEWAR) plus the Earnings-Sensitive Adjustment ($5,000 + $3,333 = $8,333).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Contract Value after the withdrawal is equal to $109,667, which is the Contract Value prior to the withdrawal less the total withdrawal amount ($118,000 - $8,333 = $109,667).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Earnings Determination Baseline after the withdrawal is equal to $100,000, which is the GMWB Earnings Determination Baseline prior to the withdrawal ($100,000) reduced by the amount of the withdrawal in excess of GMWB Earnings ($0, since the withdrawal of $8,333 is less than the GMWB Earnings of $18,000). Since the GMWB Earnings is in excess of the total withdrawal the GMWB Earnings Determination Baseline is not reduced.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your MEWAR after the withdrawal is equal to $0, which is the greater of zero and the Earnings-Sensitive Adjustments thus far in the current Contract Year plus the GAWA less all partial withdrawals thus far in the current Contract Year ($3,333 + $5,000 - $8,333 = 0).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB after the withdrawal is equal to $91,667, which is the GWB before the withdrawal less the total partial withdrawal ($100,000 - $8,333 = $91,667). Since the total partial withdrawals for the year do not exceed the total Earnings-Sensitive Adjustments for the current Contract Year ($3,333) plus the GAWA ($5,000), no proportional reduction applies to your GWB for this withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Since the total partial withdrawals for the year do not exceed the total Earnings-Sensitive Adjustments for the current Contract Year ($3,333) plus the GAWA ($5,000), your GAWA is unchanged after the withdrawal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 12b: This example demonstrates how the Earnings-Sensitive Adjustment is applied if there are no GMWB Earnings in the Contract, i.e. your Contract Value is less than the GMWB Earnings Determination Baseline at the time of your total withdrawal. This example assumes that you request a withdrawal that includes the applicable Earnings-Sensitive Adjustment, if any, where at the time of the withdrawal your Contract Value is $98,000, your GWB is $100,000, your GAWA is $5,000, your GMWB Earnings Determination Baseline is $100,000, and the For Life Guarantee is in effect. You have taken no other partial withdrawals during the current Contract Year. Thus, your requested withdrawal amount (before the application of the Earnings-Sensitive Adjustment) is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Earnings are equal to $0, which is the greater of zero and your Contract Value less your GMWB Earnings Determination Baseline ($98,000 - $100,000 = -$2,000 which is less than zero).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your MEWAR is equal to $5,000, which is the greater of zero and the Earnings-Sensitive Adjustments thus far in the current Contract Year plus the GAWA less all partial withdrawals thus far in the current Contract Year ($0 + $5,000 - $0 = $5,000). Since no withdrawals have been taken in the current Contract Year the MEWAR equals the GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The Earnings-Sensitive Adjustment is equal to $0, which is the lesser of two quantities:

-&nbsp;&nbsp;&nbsp;&nbsp;$0, which is equal to 40% of the GMWB Earnings (0.40 \* $0 = $0)

-&nbsp;&nbsp;&nbsp;&nbsp;$3,333, which is equal to 2/3 of the lesser of the MEWAR and the withdrawal amount prior to the Earnings-Sensitive Adjustment (2/3 \* $5,000 = $3,333).

⬧&nbsp;&nbsp;&nbsp;&nbsp;The total withdrawal amount is equal to $5,000, which is the requested withdrawal amount before the Earnings-Sensitive Adjustment (or your MEWAR) plus the Earnings-Sensitive Adjustment ($5,000 + $0 = $5,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Contract Value after the withdrawal is equal to $93,000, which is the Contract Value prior to the withdrawal less the total withdrawal amount ($98,000 - $5,000 = $93,000).

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⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Earnings Determination Baseline after the withdrawal is equal to $95,000, which is the GMWB Earnings Determination Baseline prior to the withdrawal ($100,000) reduced by the amount of the withdrawal in excess of GMWB Earnings ($5,000 - $0 = $5,000). Since there are no GMWB Earnings at the time of the withdrawal the GMWB Earnings Determination Baseline is reduced by the total withdrawal amount.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your MEWAR after the withdrawal is equal to $0, which is the greater of zero and the Earnings-Sensitive Adjustments thus far in the current Contract Year plus the GAWA less all partial withdrawals thus far in the current Contract Year ($0 + $5,000 - $5,000 = 0).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB after the withdrawal is equal to $95,000, which is the GWB before the withdrawal less the total partial withdrawal ($100,000 - $5,000 = $95,000). Since the total partial withdrawals for the year do not exceed the total Earnings-Sensitive Adjustments for the current Contract Year ($0) plus the GAWA ($5,000), no proportional reduction applies to your GWB for this withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Since the total partial withdrawals for the year do not exceed the total Earnings-Sensitive Adjustments for the current Contract Year ($0) plus the GAWA ($5,000), your GAWA is unchanged after the withdrawal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 12c: This example demonstrates an Excess Withdrawal that results in a re-determination of your GWB and GAWA. This example assumes that you request a withdrawal for $15,000 where at the time of the withdrawal your Contract Value is $108,000, your GWB is $100,000, your GAWA is $5,000, your GMWB Earnings Determination Baseline is $100,000, and the For Life Guarantee is in effect. You have taken no other partial withdrawals during the current Contract Year.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Earnings are equal to $8,000, which is the greater of zero and your Contract Value less your GMWB Earnings Determination Baseline ($108,000 - $100,000 = $8,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your MEWAR is equal to $5,000, which is the greater of zero and the Earnings-Sensitive Adjustments thus far in the current Contract Year plus the GAWA less all partial withdrawals thus far in the current Contract Year ($0 + $5,000 - $0 = $5,000). Since no withdrawals have been taken in the current Contract Year the MEWAR equals the GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Because you specified a withdrawal of exactly $15,000 including the Earnings-Sensitive Adjustment, the amount of the Earnings-Sensitive Adjustment for that withdrawal must be calculated. This requires a couple of steps.

First, the Earnings-Sensitive Adjustment that would apply to a withdrawal of the MEWAR is calculated. This is the maximum Earnings-Sensitive Adjustment that could apply to a withdrawal of any size at that time. The maximum Earnings-Sensitive Adjustment is equal to $3,200, which is the lesser of two quantities:

&nbsp;&nbsp;&nbsp;&nbsp;$3,200, which is equal to 40% of the GMWB Earnings (0.40 \* $8,000 = $3,200)

&nbsp;&nbsp;&nbsp;&nbsp;$3,333, which is equal to 2/3 of the MEWAR (2/3 \* $5,000 = $3,333)

Second, your requested withdrawal is compared to the withdrawal of the MEWAR ($5,000) plus the maximum Earnings-Sensitive Adjustment ($3,200). Your requested withdrawal of $15,000 is greater than $8,200 ($5,000 + $3,200), so your Earnings-Sensitive Adjustment is equal to the maximum Earnings-Sensitive Adjustment ($3,200).

Thus, your $15,000 withdrawal has a $3,200 Earnings-Sensitive Adjustment. Note that the result is the same as if you had requested a withdrawal of $11,800 plus the Earnings-Sensitive Adjustment, since your total withdrawal would also have been $15,000 in that case.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The total withdrawal amount is equal to $15,000. Thus, your requested withdrawal exceeds your GAWA plus the Earnings-Sensitive Adjustment.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Contract Value after the withdrawal is equal to $93,000, which is the Contract Value prior to the withdrawal less the total withdrawal amount ($108,000 - $15,000 = $93,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Earnings Determination Baseline after the withdrawal is equal to $93,000, which is the GMWB Earnings Determination Baseline prior to the withdrawal ($100,000) reduced by the amount of the withdrawal in excess of GMWB Earnings ($15,000 - $8,000 = $7,000). Since a portion of the total withdrawal ($7,000) is in excess of GMWB Earnings, the GMWB Earnings Determination Baseline is reduced by the amount of the withdrawal in excess of GMWB Earnings.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your MEWAR after the withdrawal is equal to $0, which is the greater of zero and the Earnings-Sensitive Adjustments thus far in the current Contract Year plus the GAWA less all partial withdrawals thus far in the current Contract Year ($3,200 + $5,000 - $15,000 = -$6,800 which is less than zero).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB after the withdrawal is equal to $85,545, which is your GWB reduced dollar-for-dollar for your GAWA plus the Earnings-Sensitive Adjustments in the current Contract Year, then reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA plus the Earnings-Sensitive Adjustments for the current Contract Year [($100,000 - $8,200) \* (1 - ($15,000 - $8,200) / ($108,000 - $8,200)) = $85,545].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Since the total partial withdrawals for the year ($15,000) then exceeds the total Earnings-Sensitive Adjustments for the current Contract Year ($3,200) plus the GAWA ($5,000), your GAWA after the withdrawal is equal to $4,659, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal

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that is in excess of the GAWA plus the Earnings-Sensitive Adjustments for the current Contract Year [$5,000 \* (1-($15,000-$8,200) / ($108,000-$8,200))=$4,659].

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your For Life Guarantee is not in effect, your Earnings-Sensitive Adjustment may not exceed the greater of zero or your GWB less the MEWAR.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you request a withdrawal of an exact amount (for example, you wish to take a withdrawal from your Contract Value of only your GAWA, and no more), an Earnings-Sensitive Adjustment will still be calculated. The effect of that Earnings-Sensitive Adjustment will be to potentially allow for an additional amount available for withdrawal during the current Contract Year without incurring proportional reduction of your benefit. In other words, due to the Earnings-Sensitive Adjustment your GAWA may decrease by less than the total amount of Contract Value withdrawn.

**III.**&nbsp;&nbsp;&nbsp;&nbsp;**FLEX GMWB**

Unless otherwise specified, the following examples apply to and assume you elected Flex GMWB (referred to as LifeGuard Freedom Flex GMWB prior to August 28, 2023, and referred to below as a GMWB) when you purchased your Contract, no other add-on benefits, your initial Premium payment net of any applicable taxes was $100,000, your GAWA is greater than your RMD (if applicable) at the time a withdrawal is requested, all partial withdrawals requested include any applicable charges and no prior partial withdrawals have been made. The examples assume that your age when the GAWA% is first determined corresponds to a GAWA% of 5%, the GMWB elected has a bonus percentage of 6%, and the GMWB and any For Life Guarantee have not been terminated. If your age at the time the GAWA% is first determined corresponds to a GAWA% other than 5%, the examples will still apply, given that you replace the 5% in each of the GAWA calculations with the appropriate GAWA%. If you elected a GMWB with a bonus percentage other than 6%, the examples will still apply if you replace the 6% in each of the bonus calculations with the appropriate bonus percentage for the GMWB you elected and replace the 190% GWB Adjustment in each of the GWB adjustment calculations with the appropriate GWB adjustment percentage for the GMWB you elected. References to the GMWB Death Benefit refer to a death benefit provided by certain GMWB endorsements, but not to any separate death benefit endorsement.

**Example 1: This example demonstrates how GMWB values are set at election.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Your initial GWB is $100,000, which is your initial Premium payment, net of any applicable taxes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Your GAWA is $5,000, which is 5% of your initial GWB ($100,000 \* 0.05 = $5,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial Bonus Base is set equal to your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial GWB Adjustment is set equal to 190% times your initial GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement includes a GMWB Death Benefit provision, your initial GMWB Death Benefit is set equal to your initial GWB.

**Example 2: This example demonstrates how your GAWA% is determined. Your GAWA% is determined on the earlier of the date you elect to opt out of GMWB charge increases, the time of your first withdrawal, the date that your Contract Value reduces to zero, the date that the GMWB is continued by a spousal Beneficiary who is not a Covered Life, or upon election of a GMWB Income Option. Your GAWA% is set based upon your attained age at that time. Your initial GAWA is determined based on this GAWA% and the GWB at that time.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ If, at the time the GAWA% is determined, your GAWA% is 5% based on your attained age and your GWB is $100,000, your initial GAWA is $5,000, which is your GAWA% multiplied by your GWB at that time ($100,000 \* 0.05 = $5,000).

**Example 3: This example demonstrates how upon payment of a subsequent Premium, GMWB values may be re-determined.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 3a: This example demonstrates what happens if you make an additional Premium payment, net of applicable taxes, of $50,000, and your GWB is $100,000 at the time of payment:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $150,000, which is your GWB prior to the additional Premium payment ($100,000) plus your additional Premium payment, net of any applicable taxes ($50,000). Your GWB is subject to a maximum of $10,000,000 (see Example 4b).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $7,500, which is your GAWA prior to the additional Premium payment ($5,000) plus 5% of your additional Premium payment, net of any applicable taxes ($50,000 \* 0.05 = $2,500).

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 3b: This example demonstrates how GWB and GAWA are affected by the GWB $10,000,000 maximum, upon payment of a subsequent Premium. If you make an additional Premium payment, net of any applicable taxes, of $100,000 and your GWB is $9,950,000 and your GAWA is $497,500 at the time of payment:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $10,000,000, which is the maximum, since your GWB prior to the additional Premium payment ($9,950,000) plus your additional Premium payment, net of any applicable taxes ($100,000) exceeds the maximum of $10,000,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $500,000, which is your GAWA prior to the additional Premium payment ($497,500) plus 5% of the allowable $50,000 increase in your GWB (($10,000,000 - $9,950,000) \* 0.05 = $2,500).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated upon payment of an additional Premium (as described above) only if such payment occurs after your GAWA% has been determined.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base is increased by the Premium payment, net of any applicable taxes, subject to a maximum of $10,000,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the Premium payment occurs prior to the first Contract Anniversary, your GWB Adjustment is increased by the Premium payment, net of any applicable taxes, times 190%, subject to a maximum of $10,000,000. For example, if, as in Example 3a, you make an additional Premium payment, net of any applicable taxes, of $50,000 prior to your first Contract Anniversary, and your GWB Adjustment value before the additional Premium payment is $190,000, then the GWB Adjustment is increased by 190% of the additional Premium payment, net of any applicable taxes. The resulting GWB Adjustment is $190,000 + $95,000 = $285,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the Premium payment occurs on or after the first Contract Anniversary, your GWB Adjustment is increased by the Premium payment, net of any applicable taxes, subject to a maximum of $10,000,000. For example, if you make an additional Premium payment, net of any applicable taxes, of $50,000 **after** your first Contract Anniversary, and your GWB Adjustment value before the additional Premium payment is $190,000, then the GWB Adjustment is increased by 100% of the additional Premium payment, net of any applicable taxes. The resulting GWB Adjustment is $190,000 + $50,000 = $240,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement includes a GMWB Death Benefit provision, your GMWB Death Benefit is increased by the Premium payment, net of any applicable taxes, subject to a maximum of $10,000,000.

**Example 4: This example demonstrates how GMWB values are re-determined upon withdrawal of the guaranteed amount (which is your GAWA, or for certain tax-qualified Contracts only, the RMD (if greater than the GAWA)).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 4a: This example demonstrates what happens if you withdraw an amount equal to your GAWA ($5,000) when your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $95,000, which is your GWB prior to the withdrawal ($100,000) less the amount of the withdrawal ($5,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, since you did not withdraw an amount that exceeds your GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($95,000 / $5,000 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the death of any Owner or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 4b: This example demonstrates what happens if you withdraw an amount equal to your RMD ($7,500), which is greater than your GAWA ($5,000) when your GWB is $100,000 and the RMD provision is in effect for your endorsement:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $92,500, which is your GWB prior to the withdrawal ($100,000) less the amount of the withdrawal ($7,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, since your withdrawal did not exceed the greater of your GAWA ($5,000) or your RMD ($7,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you continued to take annual withdrawals equal to your initial and unchanged RMD ($7,500), it would take approximately an additional 12 years to deplete your GWB ($92,500 / $7,500 per year = approximately 12 years), provided that there are no further adjustments made to your GWB or your RMD (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your RMD could continue for the rest of your life (or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 12 years, provided that the withdrawals are taken prior to the Latest Income Date.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base remains unchanged since the withdrawal did not exceed the guaranteed amount; however, no Bonus will be applied to your GWB at the end of the Contract Year in which the withdrawal is taken.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB Adjustment provision is terminated since a withdrawal is taken.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement includes a GMWB Death Benefit provision, your GMWB Death Benefit will not be reduced since the withdrawal did not exceed the greater of the GAWA or the RMD.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract.

**Example 5: This example demonstrates how GMWB values are re-determined upon withdrawal of an amount that exceeds your guaranteed amount (as defined in Example 4).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 5a: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $130,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $91,200, which is your GWB, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($130,000 - $5,000)) = $91,200].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,800, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1 - ($10,000 - $5,000) / ($130,000 - $5,000)) = $4,800]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($91,200 / $4,800 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if your For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 5b: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $105,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $90,250, which is your GWB, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($105,000 - $5,000)) = $90,250].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,750, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1 - ($10,000 - $5,000) / ($105,000 - $5,000)) = $4,750]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($90,250 / $4,750 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if your For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 5c: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $55,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $85,500, which is your GWB, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($55,000 - $5,000)) = $85,500].

⬧&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,500, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1-($10,000-$5,000) / ($55,000 - $5,000))=$4,500]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($85,500 / $4,500 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if your For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For

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Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base is recalculated to equal the lesser of 1) your Bonus Base prior to the withdrawal or 2) your GWB following the withdrawal. In addition, no Bonus will be applied to your GWB at the end of the Contract Year in which the withdrawal is taken.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB Adjustment provision is terminated since a withdrawal is taken.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement includes a GMWB Death Benefit provision, your GMWB Death Benefit will be reduced in the same proportion that the Contract Value is reduced for the amount of the withdrawal in excess of the GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The Excess Withdrawal is defined to be the lesser of the total amount of the current partial withdrawal, or the amount by which the cumulative partial withdrawals for the current Contract Year exceeds the greater of the GAWA or the RMD, as applicable.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where your minimum death benefit is reduced proportionately for withdrawals, your death benefit may be reduced by more than the amount of the withdrawal.

**Example 6: This example illustrates how GMWB values are re-determined upon automatic step-up.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 6a: This example demonstrates what happens if at the time of step-up your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) is $200,000, your GWB is $90,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $200,000, which is equal to your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable).

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your Bonus Base is $100,000 just prior to the step-up, your Bonus Base is recalculated to equal $200,000, which is the greater of 1) your Bonus Base prior to the step-up ($100,000) or 2) your GWB following the step-up ($200,000).

-&nbsp;&nbsp;&nbsp;&nbsp;If you have not passed your Contract Anniversary immediately following your 80<sup>th</sup> birthday (or the youngest Covered Life's 80<sup>th</sup> birthday if your endorsement is a For Life GMWB with Joint Option), your Bonus Period will re-start since your Bonus Base has been increased due to the step-up.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 6b: This example demonstrates what happens if at the time of step-up your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) is $90,000, your GWB is $80,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $90,000, which is equal to your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($90,000 \* 0.05 = $4,500).

-&nbsp;&nbsp;&nbsp;&nbsp;After step-up, if you continued to take annual withdrawals equal to your GAWA, it would take an additional 18 years to deplete your GWB ($90,000 / $5,000 per year = 18 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 18 years, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your Bonus Base is $100,000 just prior to the step-up, your Bonus Base remains $100,000, which is the greater of 1) your Bonus Base prior to the step-up ($100,000) or 2) your GWB following the step-up ($90,000).

-&nbsp;&nbsp;&nbsp;&nbsp;Though this endorsement allows for the Bonus Period to re-start, your Bonus Period will not re-start since your Bonus Base has not been increased due to the step-up.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB will only step-up to the Contract Value if the Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) is greater than your GWB at the time of the automatic step-up.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base will be re-determined only if your GWB is increased upon step-up to a value above your Bonus Base just prior to the step-up.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated upon step-up (as described above) only if the step-up occurs after your GAWA% has been determined.

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⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB Adjustment remains unchanged since step-ups do not impact the GWB Adjustment.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement contains a GMWB Death Benefit provision, your GMWB Death Benefit remains unchanged since step-ups do not impact the GMWB Death Benefit.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement bases Step-Ups on the highest quarterly Contract Value, the highest quarterly Contract Value is equal to the highest of the quarterly adjusted Contract Values from the four most recent Contract Quarterly Anniversaries, including the Contract Anniversary upon which the Step-Up is determined. The quarterly adjusted Contract Value is equal to the Contract Value on the Contract Quarterly Anniversary, plus any premium paid subsequent to that Contract Quarterly Anniversary, net of any applicable taxes, adjusted for any partial withdrawals taken subsequent to that Contract Quarterly Anniversary.

-&nbsp;&nbsp;&nbsp;&nbsp;All adjustments are made on the date of the transaction. The quarterly adjusted Contract Value is first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (as defined in example 5), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal.

**Example 7: This example demonstrates how the timing of a withdrawal request interacts with the timing of the step-up provision to impact re-determination of GMWB values.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 7a: This example demonstrates what happens if prior to any transactions your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) is $200,000, your GAWA is $5,000, your GWB is $100,000, your GWB is due to step-up automatically, and you also wish to take a withdrawal of an amount equal to $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you request the withdrawal the day after the step-up, upon step-up, your GWB is set equal to $200,000, which is your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable). At that time, your GAWA is equal to $10,000, which is 5% of your new GWB ($200,000 \* 0.05 = $10,000). On the day following the step-up and after the withdrawal of $5,000, your new GWB is $195,000, which is your GWB less the amount of the withdrawal ($200,000 - $5,000 = $195,000) and your GAWA will remain at $10,000 since the amount of the withdrawal does not exceed your GAWA. If you continued to take annual withdrawals equal to your GAWA, it would take approximately an additional 20 years to deplete your GWB ($195,000 / $10,000 per year = approximately 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 20 years, provided that the withdrawals are taken prior to the Latest Income Date.

-&nbsp;&nbsp;&nbsp;&nbsp;If your Bonus Base is $100,000 just prior to the step-up, at the time of step-up, your Bonus Base is recalculated and is equal to $200,000, which is the greater of 1) your Bonus Base prior to the step-up ($100,000) or 2) your GWB following the step-up ($200,000). Your Bonus Base is not adjusted upon withdrawal since the amount of the withdrawal does not exceed your GAWA.

-&nbsp;&nbsp;&nbsp;&nbsp;If you have not passed the Contract Anniversary immediately following your 80<sup>th</sup> birthday (or the youngest Covered Life's 80<sup>th</sup> birthday if your endorsement is a For Life GMWB with Joint Option), your Bonus Period will re-start since your Bonus Base has been increased due to the step-up.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you request the withdrawal prior to the step-up, immediately following the withdrawal transaction, your new GWB is $95,000, which is your GWB less the amount of the withdrawal ($100,000 - $5,000 = $95,000) and your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) becomes $195,000, which is your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable) prior to the withdrawal less the amount of the withdrawal ($200,000 - $5,000 = $195,000). Upon step-up following the withdrawal, your GWB is set equal to $195,000, which is your Contract Value (as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value, as applicable). At that time, your GAWA is recalculated and is equal to $9,750, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($195,000 \* 0.05 = $9,750). If you continued to take annual withdrawals equal to your GAWA, it would take an additional 20 years to deplete your GWB ($195,000 / $9,750 per year = 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 20 years, provided that the withdrawals are taken prior to the Latest Income Date.

-&nbsp;&nbsp;&nbsp;&nbsp;If your Bonus Base is $100,000 just prior to the withdrawal, then at the time of the withdrawal, your Bonus Base is not adjusted since the amount of the withdrawal does not exceed your GAWA. At the time of step-up, your Bonus

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Base is recalculated and is equal to $195,000, which is the greater of 1) your Bonus Base prior to the step-up ($100,000) or 2) your GWB following the step-up ($195,000).

-&nbsp;&nbsp;&nbsp;&nbsp;If you have not passed the Contract Anniversary immediately following your 80<sup>th</sup> birthday (or the youngest Covered Life's 80<sup>th</sup> birthday if your endorsement is a For Life GMWB with Joint Option), your Bonus Period will re-start since your Bonus Base has been increased due to the step-up.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;As the example illustrates, when considering a request for a withdrawal at or near the same time as application of a step-up, the order of the two transactions may impact your GAWA.

-&nbsp;&nbsp;&nbsp;&nbsp;If the step-up would result in an increase in your GAWA and the requested withdrawal is less than or equal to your new GAWA, your GAWA resulting after the two transactions would be greater if the withdrawal is requested after the step-up is applied.

-&nbsp;&nbsp;&nbsp;&nbsp;If the step-up would result in an increase in your GAWA, and the withdrawal requested is greater than your new GAWA, your GAWA resulting after the two transactions would be greater if the withdrawal is requested after the step-up is applied.

-&nbsp;&nbsp;&nbsp;&nbsp;Otherwise, your GAWA resulting from the transactions is the same regardless of the order of transactions.

⬧&nbsp;&nbsp;&nbsp;&nbsp;This example would also apply in situations when the withdrawal exceeded your GAWA but not your permissible RMD.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base will be re-determined only if your GWB is increased upon step-up to a value above your Bonus Base just prior to the step-up.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The GAWA% is determined at the time of the withdrawal (if not previously determined).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB Adjustment provision is terminated at the time of the withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement contains a GMWB Death Benefit provision, the GMWB Death Benefit would not be adjusted for the step-up since step-ups do not impact the GMWB Death Benefit, but your GMWB Death Benefit may be reduced for the withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where a minimum death benefit is reduced proportionately for withdrawals, the death benefit may be reduced by more than the amount of the withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement bases Step-Ups on the highest quarterly Contract Value, the highest quarterly Contract Value is equal to the highest of the quarterly adjusted Contract Values from the four most recent Contract Quarterly Anniversaries, including the Contract Anniversary upon which the Step-Up is determined. The quarterly adjusted Contract Value is equal to the Contract Value on the Contract Quarterly Anniversary, plus any premium paid subsequent to that Contract Quarterly Anniversary, net of any applicable taxes, adjusted for any partial withdrawals taken subsequent to that Contract Quarterly Anniversary.

-&nbsp;&nbsp;&nbsp;&nbsp;All adjustments are made on the date of the transaction. The quarterly adjusted Contract Value is first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (as defined in example 5), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal.

**Example 8: This example illustrates how GMWB values are re-determined upon application of the Bonus applied to your GWB.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 8a: This example demonstrates what happens if at the end of a Contract Year in which you have taken no withdrawals, your GWB is $100,000, your Bonus Base is $100,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $106,000, which is equal to your GWB plus 6% of your Bonus Base ($100,000 + $100,000 \* 0.06 = $106,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year is equal $5,300, which is 5% of your new GWB ($106,000 \* 0.05 = $5,300).

⬧&nbsp;&nbsp;&nbsp;&nbsp;After the application of the Bonus, if you continued to take annual withdrawals equal to your GAWA, it would take an additional 20 years to deplete your GWB ($106,000 / $5,300 per year = 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 20 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 8b: This example demonstrates what happens if at the end of a Contract Year in which you have taken no withdrawals, your GWB is $90,000, your Bonus Base is $100,000, and your GAWA is $5,000:

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⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $96,000, which is equal to your GWB plus 6% of your Bonus Base ($90,000 + $100,000 \* 0.06 = $96,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, which is the greater of 1) your GAWA prior to the application of the Bonus ($5,000) or 2) 5% of your new GWB ($96,000 \* 0.05 = $4,800).

⬧&nbsp;&nbsp;&nbsp;&nbsp;After the application of the Bonus, if you continued to take annual withdrawals equal to your GAWA, it would take approximately an additional 20 years to deplete your GWB ($96,000 / $5,000 per year = approximately 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 20 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Bonus Base is not recalculated upon the application of the Bonus to your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated upon the application of the Bonus (as described above) only if the application of the Bonus occurs after your GAWA% has been determined.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB Adjustment remains unchanged since the GWB Adjustment is not impacted by the application of the Bonus.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement includes a GMWB Death Benefit provision, your GMWB Death Benefit remains unchanged since the GMWB Death Benefit is not impacted by the application of the Bonus.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

**Example 9: This example illustrates how the GAWA is re-determined when the For Life Guarantee for the Flex and the Flex with Joint Option becomes effective after the effective date of the endorsement at age 59½. At the time the For Life Guarantee becomes effective, your GAWA is re-determined. (This example only applies if your endorsement is a For Life GMWB that contains a For Life Guarantee that becomes effective after the effective date of the endorsement.)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 9a: This example demonstrates what happens if on the date the For Life Guarantee becomes effective, your Contract Value is $30,000, your GWB is $50,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year is recalculated to equal $2,500, which is equal to 5% of the current GWB ($50,000 \* 0.05 = $2,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;The For Life Guarantee becomes effective, thus allowing you to make annual withdrawals equal to your GAWA for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), provided that the withdrawals are taken prior to the Latest Income Date. Once the For Life Guarantee becomes effective, it remains in effect until the endorsement is terminated, as described in the Access to Your Money section of this prospectus, or upon continuation of the Contract by the spouse (unless your endorsement is a For Life GMWB with Joint Option and the spouse continuing the Contract is a Covered Life in which case the For Life Guarantee remains in effect upon continuation of the Contract by the spouse).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 9b: This example demonstrates what happens if your Contract Value has fallen to $0 prior to the date the For Life Guarantee becomes effective, your GWB is $50,000 and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;You will continue to receive automatic payments of a total annual amount that equals your GAWA until your GWB is depleted. However, your GAWA would not be permitted to exceed your remaining GWB. Your GAWA is not recalculated since the Contract Value is $0.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The For Life Guarantee does not become effective due to the depletion of the Contract Value prior to the effective date of the For Life Guarantee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 9c: This example demonstrates what happens if on the date the For Life Guarantee becomes effective, your Contract Value is $50,000, your GWB is $0, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year is recalculated to equal $0, which is equal to 5% of the current GWB ($0 \* 0.05 = $0).

⬧&nbsp;&nbsp;&nbsp;&nbsp;The For Life Guarantee becomes effective, thus allowing you to make annual withdrawals equal to your GAWA for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), provided that the withdrawals are taken prior to the Latest Income Date. Once the For Life Guarantee becomes effective, it remains in effect until the endorsement is terminated, as described in the Access to Your Money section of this prospectus, or upon continuation of the Contract by the spouse (unless your endorsement is a For Life GMWB with Joint Option and the spouse continuing the Contract is a Covered Life in which case the For Life Guarantee remains in effect upon continuation of the Contract by the spouse).

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⬧&nbsp;&nbsp;&nbsp;&nbsp;Although your GAWA is $0, upon step-up or subsequent Premium payments, your GWB and your GAWA would increase to values greater than $0 and since the For Life Guarantee has become effective, you could withdraw an annual amount equal to your GAWA for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), provided that the withdrawals are taken prior to the Latest Income Date.

**Example 10: This example illustrates how the For Life Guarantee is affected upon death of the Owner on a For Life GMWB with Joint Option.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This example demonstrates what happens if at the time of the death of the Owner (or either Joint Owner) the Contract Value is $105,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement has a For Life Guarantee that becomes effective after the effective date of the endorsement, the surviving Covered Life may continue the Contract and the For Life Guarantee will remain in effect or begin on the date the For Life Guarantee becomes effective. The GAWA% and the GAWA will continue to be determined or re-determined based on the youngest Covered Life's attained age (or the age he or she would have attained). Once the For Life Guarantee becomes effective, the surviving Covered Life will be able to take annual withdrawals equal to the GAWA for the rest of his or her life, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement has a For Life Guarantee that becomes effective on the effective date of the endorsement, the surviving Covered Life may continue the Contract and the For Life Guarantee will remain in effect. The GAWA% and the GAWA will continue to be determined or re-determined based on the youngest Covered Life's attained age (or the age he or she would have attained). The surviving Covered Life will be able to take annual withdrawals equal to the GAWA for the rest of his or her life, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The surviving spouse who is not a Covered Life may continue the Contract and the For Life Guarantee is null and void. However, the surviving spouse will be entitled to make withdrawals until the GWB is exhausted, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB remains $100,000 and your GAWA remains unchanged at the time of continuation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement has a For Life Guarantee that becomes effective after the effective date of the endorsement, your reset date is the Contract Anniversary on or immediately following the youngest Covered Life attaining the age of 59½. Your Bonus Base remains unchanged at the time of continuation.

**Example 11: This example demonstrates how the GWB is re-determined upon application of the GWB Adjustment.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 11a: This example demonstrates what happens if on the GWB Adjustment Date, your GWB is $160,000, your GWB Adjustment is $190,000, and you have taken no withdrawals on or prior to the GWB Adjustment Date:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $190,000, which is the greater of 1) your GWB prior to the application of the GWB Adjustment ($160,000) or 2) the GWB Adjustment ($190,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 11b: This example demonstrates what happens if on the GWB Adjustment Date, your GWB is $210,000, your GWB Adjustment is $190,000, and you have taken no withdrawals on or prior to the GWB Adjustment Date:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $210,000, which is the greater of 1) your GWB prior to the application of the GWB Adjustment ($210,000) or 2) the GWB Adjustment ($190,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;The GWB Adjustment provision is terminated on the GWB Adjustment Date after the GWB Adjustment is applied (if any).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Since you have taken no withdrawals, your GAWA% and GAWA have not yet been determined, thus no adjustment is made to your GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;No adjustment is made to your Bonus Base since the Bonus Base is not impacted by the GWB Adjustment.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement includes a GMWB Death Benefit provision, no adjustment is made to your GMWB Death Benefit since the GMWB Death Benefit is not impacted by the GWB Adjustment.

**IV.**&nbsp;&nbsp;&nbsp;&nbsp;**MARKETGUARD STRETCH**

Unless otherwise specified, the following examples assume you elected MarketGuard Stretch with a 5% benefit when you purchased your Contract, no other add-on benefits were elected, your initial Premium payment was $100,000, your GAWA is greater than your Stretch RMD at the time a withdrawal is requested, all partial withdrawals requested include any applicable charges, and no prior partial withdrawals have been made. The examples also assume that the GMWB has not been terminated as described in the Access to Your Money section of this prospectus.

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**Example 1: This example demonstrates how GMWB values are set at election.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 1a: If the GMWB is elected at issue:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial GWB is $100,000, which is your initial Premium payment.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $5,000, which is 5% of your initial GWB ($100,000 \* 0.05 = $5,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial GMWB Charge Base is $100,000, which is your initial GWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 1b: If the GMWB is elected after issue (if permitted) when the Contract Value is $100,000 at the time the GMWB is elected:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial GWB is $100,000, which is your Contract Value on the effective date of the endorsement.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $5,000, which is 5% of your initial GWB ($100,000 \* 0.05 = $5,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial GMWB Charge Base is $100,000, which is your initial GWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 1c: If the GMWB is elected after issue (if permitted) when the Contract Value is $110,000 at the time the GMWB is elected:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your initial GWB in your new GMWB is $110,000, which is your Contract Value on the effective date of the endorsement.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $5,500, which is 5% of your initial GWB ($110,000 \* 0.05 = $5,500).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA% and GAWA are not determined until the earlier of the time of your first withdrawal or the date that your Contract Value reduces to zero.

**Example 2: This example demonstrates how your GAWA% is determined. Your GAWA% is determined on the earlier of the time of your first withdrawal or the date that your Contract Value reduces to zero. Your GAWA% is set based upon your attained age at that time. Your initial GAWA is determined based on this GAWA% and the GWB at that time.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ If, at the time the GAWA% is determined, your GAWA% is 5% based on your attained age and your GWB is $100,000, your initial GAWA is $5,000, which is your GAWA% multiplied by your GWB at that time ($100,000 \* 0.05 = $5,000).

**Example 3: This example demonstrates how upon payment of a subsequent Premium, GMWB values may be re-determined.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 3a: This example demonstrates what happens if you make an additional Premium payment of $50,000, your GWB is $100,000, your GAWA is $5,000, your GMWB Charge Base is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $150,000, which is your GWB prior to the additional Premium payment ($100,000) plus your additional Premium payment ($50,000). Your GWB is subject to a maximum of $10,000,000 (see Example 3b).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $7,500, which is your GAWA prior to the additional Premium payment ($5,000) plus 5% of your additional Premium payment ($50,000 \* 0.05 = $2,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GMWB Charge Base is $150,000, which is your GMWB Charge Base prior to the additional Premium payment ($100,000) plus your additional Premium payment ($50,000). Your GMWB Charge Base is subject to a maximum of $10,000,000 (see Example 3b).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 3b: This example demonstrates how GWB and GAWA are affected by the GWB $10,000,000 maximum, upon payment of a subsequent Premium. If you make an additional Premium payment of $100,000, your GWB is $9,950,000, your GAWA is $497,500, and your GMWB Charge Base is $9,950,000 at the time of payment:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $10,000,000, which is the maximum, since your GWB prior to the additional Premium payment ($9,950,000) plus your additional Premium payment ($100,000) exceeds the maximum of $10,000,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $500,000, which is your GAWA prior to the additional Premium payment ($497,500) plus 5% of the allowable $50,000 increase in your GWB (($10,000,000 - $9,950,000) \* 0.05 = $2,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GMWB Charge Base is $10,000,000, which is the maximum, since your GMWB Charge Base prior to the additional Premium payment ($9,950,000) plus your additional Premium payment ($100,000) exceeds the maximum of $10,000,000.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated upon payment of an additional Premium (as described above) only if such payment occurs after your GAWA % has been determined.

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**Example 4: This example demonstrates how GMWB values are re-determined upon withdrawal of the guaranteed amount (which is the greater of your GAWA or your Stretch RMD).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 4a: This example demonstrates what happens if you withdraw an amount equal to your GAWA ($5,000) when your GWB is $100,000 and your GMWB Charge Base is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $95,000, which is your GWB prior to the withdrawal ($100,000) less the amount of the withdrawal ($5,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, since you did not withdraw an amount that exceeds your GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Charge Base remains $100,000, since you did not withdraw an amount that exceeds your GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($95,000 / $5,000 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 4b: This example demonstrates what happens if you withdraw an amount equal to your Stretch RMD ($7,500), which is greater than your GAWA ($5,000) when your GWB is $100,000 and your GMWB Charge Base is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $92,500, which is your GWB prior to the withdrawal ($100,000) less the amount of the withdrawal ($7,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, since your withdrawal did not exceed the greater of your GAWA ($5,000) or your Stretch RMD ($7,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Charge Base remains $100,000, since your withdrawal did not exceed the greater of your GAWA ($5,000) or your Stretch RMD ($7,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($92,500 / $5,000 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where your minimum death benefit is reduced proportionately for withdrawals, your death benefit may be reduced by more than the amount of the withdrawal.

**Example 5: This example demonstrates how GMWB values are re-determined upon withdrawal of an amount that exceeds your guaranteed amount (as defined in Example 4).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 5a -This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $130,000, your GWB is $100,000, and your GMWB Charge Base is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $91,200, which is your GWB reduced dollar-for-dollar for your GAWA, then reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($130,000 - $5,000)) = $91,200].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,800, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1 - ($10,000 - $5,000) / ($130,000 - $5,000)) = $4,800]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($91,200 / $4,800 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Charge Base is recalculated to equal $96,000, which is your current GMWB Charge Base reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$100,000,000 \* (1 - ($10,000 - $5,000) / ($130,000 - $5,000)) = $96,000].

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 5b: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $105,000, your GWB is $100,000, and your GMWB Charge Base is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $90,250, which is your GWB reduced dollar-for-dollar for your GAWA, then reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($105,000 - $5,000)) = $90,250].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,750, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1 - ($10,000 - $5,000) / ($105,000 - $5,000)) = $4,750]. If you continued to take annual withdrawals equal to your GAWA, it would

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take an additional 19 years to deplete your GWB ($90,250 / $4,750 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Charge Base is recalculated to equal $95,000, which is your current GMWB Charge Base reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$100,000,000 \* (1 - ($10,000 - $5,000) / ($105,000 - $5,000)) = $95,000].

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 5c: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $55,000, your GWB is $100,000, and your GMWB Charge Base is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $85,500, which is your GWB reduced dollar-for-dollar for your GAWA, then reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($55,000 - $5,000)) = $85,500].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,500, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1-($10,000-$5,000) / ($55,000 - $5,000))=$4,500]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($85,500 / $4,500 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Charge Base is recalculated to equal $90,000, which is your current GMWB Charge Base reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$100,000,000 \* (1 - ($10,000 - $5,000) / ($55,000 - $5,000)) = $90,000].

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where your minimum death benefit is reduced proportionately for withdrawals, your death benefit may be reduced by more than the amount of the withdrawal.

**Example 6: This example demonstrates how the GMWB Maturity Year affects your GMWB.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 6a: This example demonstrates what happens if your Contract Value is $5,000 and your GWB is $8,000 on the Contract Anniversary occurring in your GMWB Maturity Year:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Maturity Year payment equals $3,000, which is the excess of your GWB ($8,000) over your Contract Value ($5,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Contract Value remains $5,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB terminates. No further benefits will be payable under your GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Example 6b: This example demonstrates what happens if your Contract Value is $15,000 and your GWB is $8,000 on the Contract Anniversary occurring in your GMWB Maturity Year:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Maturity Year payment equals zero, since your GWB ($8,000) does not exceed your Contract Value ($15,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your Contract Value remains $15,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB terminates. No further benefits will be payable under your GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;▪ Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GMWB Maturity Year is determined on the effective date of the endorsement and will not change, even if the GMWB is continued by your Beneficiary.

**V.**&nbsp;&nbsp;&nbsp;&nbsp;**LIFEGUARD FREEDOM ACCELERATOR**

Unless otherwise specified, the following examples apply to and assume you elected LifeGuard Freedom Accelerator GMWB (referred to below as a GMWB) when you purchased your Contract, no other add-on benefits, your initial Premium payment net of any applicable taxes was $100,000, your GAWA is greater than your RMD (if applicable) at the time a withdrawal is requested, all partial withdrawals requested include any applicable charges and no prior partial withdrawals have been made. The examples assume that your age when the GAWA is first determined corresponds to a GAWA% of 5% and the GMWB and any For Life Guarantee have not been terminated. If your age at the time the GAWA is first determined corresponds to a GAWA% other than 5%, the examples will still apply, given that you replace the 5% in each of the GAWA calculations with the appropriate GAWA%. References to the GMWB Death Benefit refer to a death benefit provided by certain GMWB endorsements, but not to any separate death benefit endorsement.

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**Example 1: This example demonstrates how GMWB values are set at election.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Your initial GWB is $100,000, which is your initial Premium payment, net of any applicable taxes.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Your GAWA is $5,000, which is 5% of your initial GWB ($100,000 \* 0.05 = $5,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement includes a GMWB Death Benefit provision, your initial GMWB Death Benefit is set equal to your initial GWB.

**Example 2: This example demonstrates how your GAWA is determined. Your starting GAWA% and Deferral Credit% is determined based on Your age on the effective date of the GMWB. Your GAWA% is equal to Your starting GAWA% plus the Deferral Credit% for each year You do not take a withdrawal during the Deferral Credit Period. Your initial GAWA is determined based on this GAWA% and the GWB at that time.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If, at the time the GAWA is determined, your GAWA% is 5% and your GWB is $100,000, your initial GAWA is $5,000, which is your GAWA% multiplied by your GWB at that time ($100,000 \* 0.05 = $5,000).

**Example 3: This example demonstrates how upon payment of a subsequent Premium, GMWB values may be re-determined.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 3a: This example demonstrates what happens if you make an additional Premium payment, net of applicable taxes, of $50,000, and your GWB is $100,000 at the time of payment:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $150,000, which is your GWB prior to the additional Premium payment ($100,000) plus your additional Premium payment, net of any applicable taxes ($50,000). Your GWB is subject to a maximum of $10,000,000 (see Example 4b).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $7,500, which is your GAWA prior to the additional Premium payment ($5,000) plus 5% of your additional Premium payment, net of any applicable taxes ($50,000 \* 0.05 = $2,500).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 3b: This example demonstrates how GWB and GAWA are affected by the GWB $10,000,000 maximum, upon payment of a subsequent Premium. If you make an additional Premium payment, net of any applicable taxes, of $100,000 and your GWB is $9,950,000 and your GAWA is $497,500 at the time of payment:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $10,000,000, which is the maximum, since your GWB prior to the additional Premium payment ($9,950,000) plus your additional Premium payment, net of any applicable taxes ($100,000) exceeds the maximum of $10,000,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is $500,000, which is your GAWA prior to the additional Premium payment ($497,500) plus 5% of the allowable $50,000 increase in your GWB (($10,000,000 - $9,950,000) \* 0.05 = $2,500).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated upon payment of an additional Premium (as described above) only if such payment occurs after your GAWA has been determined.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the subsequent Premium payment occurs on or after the first Contract Anniversary following the election of the GMWB, your total Premium payments in any Contract Year are limited to the lesser of 5% of first-year Premium or $10,000.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement includes a GMWB Death Benefit provision, your GMWB Death Benefit is increased by the Premium payment, net of any applicable taxes, subject to a maximum of $10,000,000.

**Example 4: This example demonstrates how GMWB values are re-determined upon withdrawal of the guaranteed amount (which is your GAWA, or for certain tax-qualified Contracts only, the RMD (if greater than the GAWA)).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 4a: This example demonstrates what happens if you withdraw an amount equal to your GAWA ($5,000) when your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $95,000, which is your GWB prior to the withdrawal ($100,000) less the amount of the withdrawal ($5,000).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, since you did not withdraw an amount that exceeds your GAWA.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($95,000 / $5,000 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the death of any Owner or until the death of

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the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 4b: This example demonstrates what happens if you withdraw an amount equal to your RMD ($7,500), which is greater than your GAWA ($5,000) when your GWB is $100,000 and the RMD provision is in effect for your endorsement:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $92,500, which is your GWB prior to the withdrawal ($100,000) less the amount of the withdrawal ($7,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, since your withdrawal did not exceed the greater of your GAWA ($5,000) or your RMD ($7,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you continued to take annual withdrawals equal to your initial and unchanged RMD ($7,500), it would take approximately an additional 12 years to deplete your GWB ($92,500 / $7,500 per year = approximately 12 years), provided that there are no further adjustments made to your GWB or your RMD (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your RMD could continue for the rest of your life (or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 12 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;No Deferral Credit will be applied to your GAWA% at the end of the Contract Year in which the withdrawal is taken.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement includes a GMWB Death Benefit provision, your GMWB Death Benefit will be reduced by the amount of the withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract.

**Example 5: This example demonstrates how GMWB values are re-determined upon withdrawal of an amount that exceeds your guaranteed amount (as defined in Example 4).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 5a: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $130,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $91,200, which is your GWB, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($130,000 - $5,000)) = $91,200].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,800, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1 - ($10,000 - $5,000) / ($130,000 - $5,000)) = $4,800]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($91,200 / $4,800 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if your For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 5b: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $105,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $90,250, which is your GWB, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($105,000 - $5,000)) = $90,250].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,750, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1 - ($10,000 - $5,000) / ($105,000 - $5,000)) = $4,750]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($90,250 / $4,750 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if your For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 5c: This example demonstrates what happens if you withdraw an amount ($10,000) that exceeds your GAWA ($5,000) when your Contract Value is $55,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is $85,500, which is your GWB, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal [($100,000 - $5,000) \* (1 - ($10,000 - $5,000) / ($55,000 - $5,000)) = $85,500].

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated to equal $4,500, which is your current GAWA reduced in the same proportion that the Contract Value is reduced for the portion of the withdrawal that is in excess of the GAWA [$5,000 \* (1-($10,000-$5,000) / ($55,000 - $5,000))=$4,500]. If you continued to take annual withdrawals equal to your GAWA, it would take an additional 19 years to deplete your GWB ($85,500 / $4,500 per year = 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if your For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;No Deferral Credit will be applied to your GAWA% at the end of the Contract Year in which the withdrawal is taken.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement includes a GMWB Death Benefit provision, your GMWB Death Benefit will first be reduced dollar-for-dollar for any portion of the withdrawal not defined as an Excess Withdrawal, then be reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The Excess Withdrawal is defined to be the lesser of the total amount of the current partial withdrawal, or the amount by which the cumulative partial withdrawals for the current Contract Year exceeds the greater of the GAWA or the RMD, as applicable.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where your minimum death benefit is reduced proportionately for withdrawals, your death benefit may be reduced by more than the amount of the withdrawal.

**Example 6: This example illustrates how GMWB values are re-determined upon automatic step-up.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 6a: This example demonstrates what happens if at the time of step-up your Contract Value is $200,000, your GWB is $90,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $200,000, which is equal to your Contract Value.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year is recalculated to equal $10,000, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($200,000 \* 0.05 = $10,000).

-&nbsp;&nbsp;&nbsp;&nbsp;After step-up, if you continued to take annual withdrawals equal to your GAWA, it would take an additional 20 years to deplete your GWB ($200,000 / $10,000 per year = 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 20 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 6b: This example demonstrates what happens if at the time of step-up your Contract Value is $90,000, your GWB is $80,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GWB is recalculated to equal $90,000, which is equal to your Contract Value.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($90,000 \* 0.05 = $4,500).

-&nbsp;&nbsp;&nbsp;&nbsp;After step-up, if you continued to take annual withdrawals equal to your GAWA, it would take an additional 18 years to deplete your GWB ($90,000 / $5,000 per year = 18 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 18 years, provided that the withdrawals are taken prior to the Latest Income Date.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB will only step-up to the Contract Value if the Contract Value is greater than your GWB at the time of the automatic step-up.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated upon step-up (as described above) only if the step-up occurs after your GAWA has been determined.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement contains a GMWB Death Benefit provision, your GMWB Death Benefit remains unchanged since step-ups do not impact the GMWB Death Benefit.

**Example 7: This example demonstrates how the timing of a withdrawal request interacts with the timing of the step-up provision to impact re-determination of GMWB values.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 7a: This example demonstrates what happens if prior to any transactions your Contract Value is $200,000, your GAWA is $5,000, your GWB is $100,000, your GWB is due to step-up automatically, and you also wish to take a withdrawal of an amount equal to $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you request the withdrawal the day after the step-up, upon step-up, your GWB is set equal to $200,000, which is your Contract Value. At that time, your GAWA is equal to $10,000, which is 5% of your new GWB ($200,000 \* 0.05 = $10,000). On the day following the step-up and after the withdrawal of $5,000, your new GWB is $195,000, which is your GWB less the amount of the withdrawal ($200,000 - $5,000 = $195,000) and your GAWA will remain at $10,000 since the amount of the withdrawal does not exceed your GAWA. If you continued to take annual withdrawals equal to your GAWA, it would take approximately an additional 20 years to deplete your GWB ($195,000 / $10,000 per year = approximately 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 20 years, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If you request the withdrawal prior to the step-up, immediately following the withdrawal transaction, your new GWB is $95,000, which is your GWB less the amount of the withdrawal ($100,000 - $5,000 = $95,000) and your Contract Value becomes $195,000, which is your Contract Value prior to the withdrawal less the amount of the withdrawal ($200,000 - $5,000 = $195,000). Upon step-up following the withdrawal, your GWB is set equal to $195,000, which is your Contract Value. At that time, your GAWA is recalculated and is equal to $9,750, which is the greater of 1) your GAWA prior to the step-up ($5,000) or 2) 5% of your new GWB ($195,000 \* 0.05 = $9,750). If you continued to take annual withdrawals equal to your GAWA, it would take an additional 20 years to deplete your GWB ($195,000 / $9,750 per year = 20 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 20 years, provided that the withdrawals are taken prior to the Latest Income Date.

Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;As the example illustrates, when considering a request for a withdrawal at or near the same time as application of a step-up, the order of the two transactions may impact your GAWA.

-&nbsp;&nbsp;&nbsp;&nbsp;If the step-up would result in an increase in your GAWA and the requested withdrawal is less than or equal to your new GAWA, your GAWA resulting after the two transactions would be greater if the withdrawal is requested after the step-up is applied.

-&nbsp;&nbsp;&nbsp;&nbsp;If the step-up would result in an increase in your GAWA, and the withdrawal requested is greater than your new GAWA, your GAWA resulting after the two transactions would be greater if the withdrawal is requested after the step-up is applied.

-&nbsp;&nbsp;&nbsp;&nbsp;Otherwise, your GAWA resulting from the transactions is the same regardless of the order of transactions.

⬧&nbsp;&nbsp;&nbsp;&nbsp;This example would also apply in situations when the withdrawal exceeded your GAWA but not your permissible RMD.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement contains a GMWB Death Benefit provision, the GMWB Death Benefit would not be adjusted for the step-up since step-ups do not impact the GMWB Death Benefit, but your GMWB Death Benefit may be reduced for the withdrawal.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Withdrawals taken in connection with a GMWB are considered the same as any other withdrawal for the purpose of determining all other values under the Contract. In the case where a minimum death benefit is reduced proportionately for withdrawals, the death benefit may be reduced by more than the amount of the withdrawal.

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**Example 8: This example illustrates how GMWB values are re-determined upon application of the Deferral Credit applied to your GAWA%.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 8a: This example demonstrates what happens if at the end of a Contract Year in which you have taken no withdrawals, your GWB is $100,000, your Deferral Credit% is 0.40%, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GAWA% is recalculated to equal 5.40%, which is equal to your previous GAWA% plus a 0.40% Deferral Credit (5.00% + 0.40% = 5.40%).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year is equal $5,400, which is 5.40% of your GWB ($100,000 \* 0.0540 = $5,400).

⬧&nbsp;&nbsp;&nbsp;&nbsp;After the application of the Deferral Credit, if you continued to take annual withdrawals equal to your GAWA, it would take approximately an additional 19 years to deplete your GWB ($100,000 / $5,400 per year = approximately 19 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 19 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 8b: This example demonstrates what happens if at the end of a Contract Year in which you have taken no withdrawals, your GWB is $90,000, your Deferral Credit% is 0.40%, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your new GAWA% is recalculated to equal 5.40%, which is equal to your previous GAWA% plus a 0.40% Deferral Credit (5.00% + 0.40% = 5.40%).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year remains $5,000, which is the greater of 1) your GAWA prior to the application of the Deferral Credit ($5,000) or 2) 5.40% of your new GWB ($90,000 \* 0.0540 = $4,860).

⬧&nbsp;&nbsp;&nbsp;&nbsp;After the application of the Deferral Credit, if you continued to take annual withdrawals equal to your GAWA, it would take approximately an additional 18 years to deplete your GWB ($90,000 / $5,000 per year = approximately 18 years), provided that there are no further adjustments made to your GWB or your GAWA (besides the annual reduction of your GWB by the amount of the withdrawal) and that the withdrawals are taken prior to the Latest Income Date. However, if the For Life Guarantee is in effect, withdrawals equal to your GAWA could continue for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), even beyond 18 years, provided that the withdrawals are taken prior to the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA is recalculated upon the application of the Deferral Credit (as described above) only if the application of the Deferral Credit occurs after your GAWA has been determined.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement includes a GMWB Death Benefit provision, your GMWB Death Benefit remains unchanged since the GMWB Death Benefit is not impacted by the application of the Deferral Credit.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If the For Life Guarantee is not in effect, and if your GWB falls below your GAWA at the end of your Contract Year, your GAWA will be adjusted to equal your GWB.

**Example 9: This example illustrates how the GAWA is re-determined when the For Life Guarantee for the LifeGuard Freedom Accelerator and the LifeGuard Freedom Accelerator with Joint Option becomes effective after the effective date of the endorsement at age 59½. At the time the For Life Guarantee becomes effective, your GAWA is re-determined. (This example only applies if your endorsement is a For Life GMWB that contains a For Life Guarantee that becomes effective after the effective date of the endorsement.)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 9a: This example demonstrates what happens if on the date the For Life Guarantee becomes effective, your Contract Value is $30,000, your GWB is $50,000, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year is recalculated to equal $2,500, which is equal to 5% of the current GWB ($50,000 \* 0.05 = $2,500).

⬧&nbsp;&nbsp;&nbsp;&nbsp;The For Life Guarantee becomes effective, thus allowing you to make annual withdrawals equal to your GAWA for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), provided that the withdrawals are taken prior to the Latest Income Date. Once the For Life Guarantee becomes effective, it remains in effect until the endorsement is terminated, as described in the Access to Your Money section of this prospectus, or upon continuation of the Contract by the spouse (unless your endorsement is a For Life GMWB with Joint Option and the spouse continuing the Contract is a Covered Life in which case the For Life Guarantee remains in effect upon continuation of the Contract by the spouse).

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 9b: This example demonstrates what happens if your Contract Value has fallen to $0 prior to the date the For Life Guarantee becomes effective, your GWB is $50,000 and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;You will continue to receive automatic payments of a total annual amount that equals your GAWA until your GWB is depleted. However, your GAWA would not be permitted to exceed your remaining GWB. Your GAWA is not recalculated since the Contract Value is $0.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The For Life Guarantee does not become effective due to the depletion of the Contract Value prior to the effective date of the For Life Guarantee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 9c: This example demonstrates what happens if on the date the For Life Guarantee becomes effective, your Contract Value is $50,000, your GWB is $0, and your GAWA is $5,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GAWA for the next year is recalculated to equal $0, which is equal to 5% of the current GWB ($0 \* 0.05 = $0).

⬧&nbsp;&nbsp;&nbsp;&nbsp;The For Life Guarantee becomes effective, thus allowing you to make annual withdrawals equal to your GAWA for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), provided that the withdrawals are taken prior to the Latest Income Date. Once the For Life Guarantee becomes effective, it remains in effect until the endorsement is terminated, as described in the Access to Your Money section of this prospectus, or upon continuation of the Contract by the spouse (unless your endorsement is a For Life GMWB with Joint Option and the spouse continuing the Contract is a Covered Life in which case the For Life Guarantee remains in effect upon continuation of the Contract by the spouse).

⬧&nbsp;&nbsp;&nbsp;&nbsp;Although your GAWA is $0, upon step-up or subsequent Premium payments, your GWB and your GAWA would increase to values greater than $0 and since the For Life Guarantee has become effective, you could withdraw an annual amount equal to your GAWA for the rest of your life (or in the case of Joint Owners, until the first death of the Joint Owners or until the death of the last surviving Covered Life if your endorsement is a For Life GMWB with Joint Option), provided that the withdrawals are taken prior to the Latest Income Date.

**Example 10: This example illustrates how the For Life Guarantee is affected upon death of the Owner on a For Life GMWB with Joint Option.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This example demonstrates what happens if at the time of the death of the Owner (or either Joint Owner) the Contract Value is $105,000 and your GWB is $100,000:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement has a For Life Guarantee that becomes effective after the effective date of the endorsement, the surviving Covered Life may continue the Contract and the For Life Guarantee will remain in effect or begin on the date the For Life Guarantee becomes effective. The GAWA% and the GAWA will continue to be determined or re-determined based on starting GAWA% and Deferral Credit% based on the youngest Covered Life's age on the effective date of the GMWB. Once the For Life Guarantee becomes effective, the surviving Covered Life will be able to take annual withdrawals equal to the GAWA for the rest of his or her life, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement has a For Life Guarantee that becomes effective on the effective date of the endorsement, the surviving Covered Life may continue the Contract and the For Life Guarantee will remain in effect. The GAWA% and the GAWA will continue to be determined or re-determined based on starting GAWA% and Deferral Credit% based on the youngest Covered Life's age on the effective date of the GMWB. The surviving Covered Life will be able to take annual withdrawals equal to the GAWA for the rest of his or her life, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;The surviving spouse who is not a Covered Life may continue the Contract and the For Life Guarantee is null and void. However, the surviving spouse will be entitled to make withdrawals until the GWB is exhausted, provided that the withdrawals are taken prior to the Latest Income Date.

⬧&nbsp;&nbsp;&nbsp;&nbsp;Your GWB remains $100,000 and your GAWA remains unchanged at the time of continuation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes:

⬧&nbsp;&nbsp;&nbsp;&nbsp;If your endorsement has a For Life Guarantee that becomes effective after the effective date of the endorsement, your reset date is the Contract Anniversary on or immediately following the youngest Covered Life attaining the age of 59½.

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**APPENDIX E**

**ADD-ON DEATH BENEFIT PROSPECTUS EXAMPLES**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**I.HIGHEST ANNIVERSARY VALUE GUARANTEED MINIMUM DEATH BENEFIT**

Unless otherwise specified, the following examples apply to and assume you elected Highest Anniversary Value Guaranteed Minimum Death Benefit (referred to below as a GMDB) when you purchased your Contract, no other add-on benefits were elected, your initial Premium payment net of any applicable taxes was $100,000, and all partial withdrawals requested include any applicable charges. The death benefit payable under the Contract will be equal to the larger of your current Contract Value or GMDB Benefit Base.

**Example 1: This example demonstrates how the GMDB Benefit Base is set at election.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Your Contract Value is $100,000, which is your initial Premium.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Your GMDB Benefit Base is $100,000, which is your Contract Value.

**Example 2: This example demonstrates how upon payment of subsequent Premium, the GMDB Benefit Base may be re-determined.**

This example demonstrates what happens if you make an additional Premium payment, net of applicable taxes, of $10,000 and your GMDB Benefit Base is $100,000 at the time of payment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Your GMDB Benefit Base is $110,000, which is your GMDB Benefit Base prior to the additional Premium payment plus your additional Premium payment ($100,000 + $10,000).

**Example 3: This example demonstrates how the GMDB Benefit Base is re-determined upon withdrawal of an amount from the Contract.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 3a: This example demonstrates what happens if you withdraw an amount of $15,000 when your Contract Value is $150,000 and your GMDB Benefit Base is $160,000.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Your new GMDB Benefit Base is $144,000, which is a reduction of 10%, the same proportion that the Contract Value is reduced for the withdrawal ($15,000 / $150,000 = 10%), from your GMDB Benefit Base prior to the withdrawal ($160,000 \* (1-10%) = $144,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 3b: This example demonstrates what happens if you withdraw an amount of $15,000 when your Contract Value is $150,000 and your GMDB Benefit Base is $100,000.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Your new GMDB Benefit Base is $90,000, which is a reduction of 10%, the same proportion that the Contract Value is reduced for the withdrawal ($15,000 / $150,000 = 10%), from your GMDB Benefit Base prior to the withdrawal ($100,000 \* (1-10%) = $90,000).

Notes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The GMDB Benefit Base is reduced proportionately for withdrawals, so in certain circumstances your death benefit may be reduced by more than the dollar amount of the withdrawal.

**Example 4: This example demonstrates how the GMDB Benefit Base is re-determined on the Contract Anniversary**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 4a: This example demonstrates what happens if your Contract Value is greater than your GMDB Benefit Base on a Contract Anniversary. Your Contract Value is $150,000 and your GMDB Benefit Base is $100,000.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Your GMDB Benefit Base is re-determined to $150,000, which the larger of your Contract Value ($150,000) or GMDB Benefit Base ($100,000).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 4b: This example demonstrates what happens if your Contract Value is less than your GMDB Benefit Base on a Contract Anniversary. Your Contract Value is $150,000 and your GMDB Benefit Base is $160,000.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Your GMDB Benefit Base remains at $160,000, which the larger of your Contract Value ($150,000) or GMDB Benefit Base ($160,000).

Notes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Both the Contract Value and the GMDB Benefit Base in the above examples have already been adjusted for any withdrawals or premium payments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversaries in the above scenarios are assumed to occur prior to the oldest Covered Life's 81<sup>st</sup> birthday.

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**APPENDIX F**

**HISTORICAL ADD-ON BENEFIT CHARGES**

**I.&nbsp;&nbsp;&nbsp;&nbsp;AutoGuard GMWB**

No historical charges are available at this time for the AutoGuard GMWB.

**II.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net GMWB (previously called LifeGuard Freedom Net GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For LifeGuard Freedom Net GMWBs issued before August 10, 2020, the applicable charges are listed below. For complete information about the charge for this GMWB, please see "For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount ("LifeGuard Freedom Net GMWB") Charge." on page [29](#i6a8c7a642b0f405da7cd588a87395385_91).

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| | | | |
|:---|:---|:---|:---|
| | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| With Income Stream Max GAWA% Table | 2.94% | 1.47% | 0.24% |
| With Income Stream Max GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 3.00% | 1.56% | 0.24% |
| With Income Stream Value GAWA% Table | 1.68% | 0.84% | 0.12% |
| With Income Stream Value GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 1.86% | 0.93% | 0.12% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For LifeGuard Freedom Net GMWBs issued August 10, 2020 through March 6, 2022.

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| | | | |
|:---|:---|:---|:---|
| | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| With Income Stream Max GAWA% Table | 3.00% | 1.53% | 0.24% |
| With Income Stream Max GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 3.00% | 1.68% | 0.24% |
| With Income Stream Value GAWA% Table | 1.80% | 0.90% | 0.12% |
| With Income Stream Value GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 2.10% | 1.05% | 0.12% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For LifeGuard Freedom Net GMWBs issued March 7, 2022 through October 16, 2022.

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| | | | |
|:---|:---|:---|:---|
| | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| With Income Stream Max GAWA% Table | 3.00% | 1.62% | 0.24% |
| With Income Stream Max GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 3.00% | 1.77% | 0.24% |
| With Income Stream Value GAWA% Table | 1.80% | 0.99% | 0.12% |
| With Income Stream Value GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 2.10% | 1.14% | 0.12% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For LifeGuard Freedom Net GMWBs issued October 17, 2022 through March 12, 2023.

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| | | | |
|:---|:---|:---|:---|
| | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| With Income Stream Max GAWA% Table | 3.00% | 1.53% | 0.24% |
| With Income Stream Max GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 3.00% | 1.68% | 0.24% |
| With Income Stream Value GAWA% Table | 1.80% | 0.90% | 0.12% |
| With Income Stream Value GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 2.10% | 1.05% | 0.12% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E.**For LifeGuard Freedom Net GMWBs issued March 13, 2023 through August 27, 2023.

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| | | | |
|:---|:---|:---|:---|
| | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| With Income Stream Max GAWA% Table | 3.00% | 1.32% | 0.24% |
| With Income Stream Max GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 3.00% | 1.47% | 0.24% |
| With Income Stream Value GAWA% Table | 1.80% | 0.90% | 0.12% |
| With Income Stream Value GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 2.10% | 1.05% | 0.12% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**F.** For Flex Net GMWBs issued August 28, 2023 through October 22, 2023.

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| | | | |
|:---|:---|:---|:---|
| **Flex Net GMWB GAWA% Table** | **Flex Net GMWB GAWA% Table** | **Flex Net GMWB GAWA% Table** | **Flex Net GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 1.80% | 0.63% | 0.12% |
| Core | 3.00% | 1.32% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**G.** For Flex Net GMWBs issued October 23, 2023 through July 20, 2025.

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| | | | |
|:---|:---|:---|:---|
| **Flex Net GMWB GAWA% Table** | **Flex Net GMWB GAWA% Table** | **Flex Net GMWB GAWA% Table** | **Flex Net GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 1.80% | 0.69% | 0.12% |
| Core | 3.00% | 1.38% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**H.** For Flex Net GMWBs issued July 21, 2025 through April 26, 2026.

---

| | | | |
|:---|:---|:---|:---|
| **Flex Net GMWB GAWA% Table** | **Flex Net GMWB GAWA% Table** | **Flex Net GMWB GAWA% Table** | **Flex Net GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 1.80% | 0.60% | 0.12% |
| Core | 3.00% | 1.38% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

------

**III.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net With Joint GMWB (previously called LifeGuard Freedom Net With Joint Option GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For LifeGuard Freedom Net With Joint Option GMWBs issued before August 10, 2020, the applicable charges are listed below. For complete information about the charge for this GMWB, please see "Joint For Life Guaranteed Minimum Withdrawal Benefit With Bonus, Annual Step-Up And Earnings-Sensitive Withdrawal Amount ("LifeGuard Freedom Net With Joint Option GMWB") Charge." on page [30](#i6a8c7a642b0f405da7cd588a87395385_94).

---

| | | | |
|:---|:---|:---|:---|
| | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| With Income Stream Max GAWA% Table | 3.00% | 1.59% | 0.24% |
| With Income Stream Max GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 3.00% | 1.68% | 0.24% |
| With Income Stream Value GAWA% Table | 2.28% | 1.14% | 0.24% |
| With Income Stream Value GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 2.46% | 1.23% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For LifeGuard Freedom Net With Joint Option GMWBs issued August 10, 2020 through October 16, 2022.

---

| | | | |
|:---|:---|:---|:---|
| | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| With Income Stream Max GAWA% Table | 3.00% | 1.65% | 0.24% |
| With Income Stream Max GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 3.00% | 1.80% | 0.24% |
| With Income Stream Value GAWA% Table | 2.40% | 1.20% | 0.24% |
| With Income Stream Value GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 2.70% | 1.35% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For LifeGuard Freedom Net With Joint Option GMWBs issued October 17, 2022 through March 12, 2023.

---

| | | | |
|:---|:---|:---|:---|
| | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| With Income Stream Max GAWA% Table | 3.00% | 1.56% | 0.24% |
| With Income Stream Max GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 3.00% | 1.71% | 0.24% |
| With Income Stream Value GAWA% Table | 2.40% | 1.11% | 0.24% |
| With Income Stream Value GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 2.70% | 1.26% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For LifeGuard Freedom Net With Joint Option GMWBs issued March 13, 2023 through August 27, 2023.

---

| | | | |
|:---|:---|:---|:---|
| | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| With Income Stream Max GAWA% Table | 3.00% | 1.47% | 0.24% |
| With Income Stream Max GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 3.00% | 1.62% | 0.24% |
| With Income Stream Value GAWA% Table | 2.40% | 1.05% | 0.24% |
| With Income Stream Value GAWA% Table and Annual Step-Up to Highest Quarterly Contract Value | 2.70% | 1.20% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

**E**. For Flex Net With Joint Option GMWBs issued August 28, 2023 through October 22, 2023.

---

| | | | |
|:---|:---|:---|:---|
| **Flex Net With Joint GMWB GAWA% Table** | **Flex Net With Joint GMWB GAWA% Table** | **Flex Net With Joint GMWB GAWA% Table** | **Flex Net With Joint GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 2.40% | 0.90% | 0.24% |
| Core | 3.00% | 1.47% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

**F**. For Flex Net With Joint Option GMWBs issued October 23, 2023 through July 20, 2025.

---

| | | | |
|:---|:---|:---|:---|
| **Flex Net With Joint GMWB GAWA% Table** | **Flex Net With Joint GMWB GAWA% Table** | **Flex Net With Joint GMWB GAWA% Table** | **Flex Net With Joint GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 2.40% | 0.96% | 0.24% |
| Core | 3.00% | 1.62% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

**G**. For Flex Net With Joint Option GMWBs issued July 21, 2025 through April 26, 2026.

---

| | | | |
|:---|:---|:---|:---|
| **Flex Net With Joint GMWB GAWA% Table** | **Flex Net With Joint GMWB GAWA% Table** | **Flex Net With Joint GMWB GAWA% Table** | **Flex Net With Joint GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 2.40% | 0.72% | 0.24% |
| Core | 3.00% | 1.50% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

------

**IV.&nbsp;&nbsp;&nbsp;&nbsp;Flex GMWB (previously called LifeGuard Freedom Flex GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For LifeGuard Freedom Flex GMWBs issued before August 10, 2020, the applicable charges are listed below. For complete information about the charge for this GMWB, please see "For Life Guaranteed Minimum Withdrawal Benefit With Bonus And Step-Up ("LifeGuard Freedom Flex GMWB") Charge." on page [27](#i6a8c7a642b0f405da7cd588a87395385_97).

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| 5% Bonus and Annual Step-Up | 2.46% | 1.23% | 0.24% |
| 5% Bonus and Annual Step-Up to the Highest Quarterly Contract Value | 2.64% | 1.32% | 0.24% |
| 6% Bonus and Annual Step-Up | 2.64% | 1.32% | 0.24% |
| 6% Bonus and Annual Step-Up to the Highest Quarterly Contract Value | 2.82% | 1.41% | 0.24% |
| 7% Bonus and Annual Step-Up | 2.94% | 1.47% | 0.24% |
| 7% Bonus and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.56% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| 5% Bonus and Annual Step-Up | 1.14% | 0.57% | 0.12% |
| 5% Bonus and Annual Step-Up to the Highest Quarterly Contract Value | 1.32% | 0.66% | 0.12% |
| 6% Bonus and Annual Step-Up | 1.38% | 0.69% | 0.12% |
| 6% Bonus and Annual Step-Up to the Highest Quarterly Contract Value | 1.56% | 0.78% | 0.12% |
| 7% Bonus and Annual Step-Up | 1.68% | 0.84% | 0.12% |
| 7% Bonus and Annual Step-Up to the Highest Quarterly Contract Value | 1.86% | 0.93% | 0.12% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For LifeGuard Freedom Flex GMWBs issued August 10, 2020 through March 6, 2022.

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 2.58% | 1.29% | 0.24% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 2.88% | 1.44% | 0.24% |
| Bonus II and Annual Step-Up | 2.76% | 1.38% | 0.24% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.53% | 0.24% |
| Bonus III and Annual Step-Up | 3.00% | 1.53% | 0.24% |
| Bonus III and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.68% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 1.26% | 0.63% | 0.12% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 1.56% | 0.78% | 0.12% |
| Bonus II and Annual Step-Up | 1.50% | 0.75% | 0.12% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | 1.80% | 0.90% | 0.12% |
| Bonus III and Annual Step-Up | 1.80% | 0.90% | 0.12% |
| Bonus III and Annual Step-Up to the Highest Quarterly Contract Value | 2.10% | 1.05% | 0.12% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For LifeGuard Freedom Flex GMWBs issued March 7, 2022 through October 16, 2022.

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 2.58% | 1.38% | 0.24% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 2.88% | 1.53% | 0.24% |
| Bonus II and Annual Step-Up | 3.00% | 1.47% | 0.24% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.62% | 0.24% |
| Bonus III and Annual Step-Up | 3.00% | 1.62% | 0.24% |
| Bonus III and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.77% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 1.26% | 0.72% | 0.12% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 1.56% | 0.87% | 0.12% |
| Bonus II and Annual Step-Up | 1.50% | 0.84% | 0.12% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | 1.80% | 0.99% | 0.12% |
| Bonus III and Annual Step-Up | 1.80% | 0.99% | 0.12% |
| Bonus III and Annual Step-Up to the Highest Quarterly Contract Value | 2.10% | 1.14% | 0.12% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For LifeGuard Freedom Flex GMWBs issued October 17, 2022 through March 12, 2023.

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 2.58% | 1.29% | 0.24% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 2.88% | 1.44% | 0.24% |
| Bonus II and Annual Step-Up | 2.76% | 1.38% | 0.24% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.53% | 0.24% |
| Bonus III and Annual Step-Up | 3.00% | 1.53% | 0.24% |
| Bonus III and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.68% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 1.26% | 0.63% | 0.12% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 1.56% | 0.78% | 0.12% |
| Bonus II and Annual Step-Up | 1.50% | 0.75% | 0.12% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | 1.80% | 0.90% | 0.12% |
| Bonus III and Annual Step-Up | 1.80% | 0.90% | 0.12% |
| Bonus III and Annual Step-Up to the Highest Quarterly Contract Value | 2.10% | 1.05% | 0.12% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E.**For LifeGuard Freedom Flex GMWBs issued March 13, 2023 through August 27, 2023.

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Max GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 2.58% | 1.08% | 0.24% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 2.88% | 1.23% | 0.24% |
| Bonus II and Annual Step-Up | 2.76% | 1.17% | 0.24% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.32% | 0.24% |
| Bonus III and Annual Step-Up | 3.00% | 1.32% | 0.24% |
| Bonus III and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.47% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** | **LifeGuard Freedom Flex GMWB With Income Stream Value GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 1.26% | 0.63% | 0.12% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 1.56% | 0.78% | 0.12% |
| Bonus II and Annual Step-Up | 1.50% | 0.75% | 0.12% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | 1.80% | 0.90% | 0.12% |
| Bonus III and Annual Step-Up | 1.80% | 0.90% | 0.12% |
| Bonus III and Annual Step-Up to the Highest Quarterly Contract Value | 2.10% | 1.05% | 0.12% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**F.** For Flex GMWBs issued August 28, 2023 through October 22, 2023.

---

| | | | |
|:---|:---|:---|:---|
| **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 1.26% | 0.48% | 0.12% |
| Core | 2.76% | 1.17% | 0.24% |
| Plus | 3.00% | 1.32% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**G.** For Flex GMWBs issued October 23, 2023 through July 20, 2025.

---

| | | | |
|:---|:---|:---|:---|
| **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 1.26% | 0.54% | 0.12% |
| Core | 2.76% | 1.23% | 0.24% |
| Plus | 3.00% | 1.53% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**H.** For Flex GMWBs issued July 21, 2025 through April 26, 2026.

---

| | | | |
|:---|:---|:---|:---|
| **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 1.26% | 0.45% | 0.12% |
| Core | 2.76% | 1.23% | 0.24% |
| Plus | 3.00% | 1.14% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

------

**V.&nbsp;&nbsp;&nbsp;&nbsp;Flex With Joint Option GMWB (previously called LifeGuard Freedom Flex With Joint Option GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For LifeGuard Freedom Flex With Joint Option GMWBs issued before August 10, 2020, the applicable charges are listed below. For complete information about the charge for this GMWB, please see "Joint For Life Guaranteed Minimum Withdrawal Benefit With Bonus And Step-Up ("LifeGuard Freedom Flex With Joint Option GMWB") Charge." on page [28](#i6a8c7a642b0f405da7cd588a87395385_100).

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** |
| &nbsp;&nbsp;&nbsp;Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| 5% Bonus and Annual Step-Up | 2.64% | 1.32% | 0.24% |
| 5% Bonus and Annual Step-Up to the Highest Quarterly Contract Value | 2.82% | 1.41% | 0.24% |
| 6% Bonus and Annual Step-Up | 2.88% | 1.44% | 0.24% |
| 6% Bonus and Annual Step-Up to the Highest Quarterly Contract Value | &nbsp;&nbsp;&nbsp;3.00% | &nbsp;&nbsp;&nbsp;1.53% | &nbsp;&nbsp;&nbsp;0.24% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Charge Basis | &nbsp;&nbsp;&nbsp;GWB | &nbsp;&nbsp;&nbsp;GWB | &nbsp;&nbsp;&nbsp;GWB |
| Charge Frequency | &nbsp;&nbsp;&nbsp;Monthly | &nbsp;&nbsp;&nbsp;Monthly | &nbsp;&nbsp;&nbsp;Monthly |

---

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| 5% Bonus and Annual Step-Up | 1.74% | 0.87% | 0.12% |
| 5% Bonus and Annual Step-Up to the Highest Quarterly Contract Value | 1.92% | 0.96% | 0.12% |
| 6% Bonus and Annual Step-Up | 1.98% | 0.99% | 0.12% |
| 6% Bonus and Annual Step-Up to the Highest Quarterly Contract Value | 2.16% | 1.08% | 0.12% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;**B.**For LifeGuard Freedom Flex With Joint Option GMWBs issued August 10, 2020 through August 28, 2022.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** |
| &nbsp;&nbsp;&nbsp;Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 2.76% | 1.38% | 0.24% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.53% | 0.24% |
| Bonus II and Annual Step-Up | 3.00% | 1.50% | 0.24% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | &nbsp;&nbsp;&nbsp;3.00% | &nbsp;&nbsp;&nbsp;1.65% | &nbsp;&nbsp;&nbsp;0.24% |
| Bonus III and Annual Step-Up | &nbsp;&nbsp;&nbsp;3.00% | &nbsp;&nbsp;&nbsp;1.65% | &nbsp;&nbsp;&nbsp;0.24% |
| Bonus III and Annual Step-Up to the Highest Quarterly Contract Value | &nbsp;&nbsp;&nbsp;3.00% | &nbsp;&nbsp;&nbsp;1.80% | &nbsp;&nbsp;&nbsp;0.24% |
| Charge Basis | &nbsp;&nbsp;&nbsp;GWB | &nbsp;&nbsp;&nbsp;GWB | &nbsp;&nbsp;&nbsp;GWB |
| Charge Frequency | &nbsp;&nbsp;&nbsp;Monthly | &nbsp;&nbsp;&nbsp;Monthly | &nbsp;&nbsp;&nbsp;Monthly |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 1.86% | 0.93% | 0.12% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 2.16% | 1.08% | 0.12% |
| Bonus II and Annual Step-Up | 2.10% | 1.05% | 0.12% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | 2.40% | 1.20% | 0.24% |
| Bonus III and Annual Step-Up | 2.40% | 1.20% | 0.24% |
| Bonus III and Annual Step-Up to the Highest Quarterly Contract Value | 2.70% | 1.35% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For LifeGuard Freedom Flex With Joint Option GMWBs issued August 29, 2022 through October 16, 2022.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** |
| &nbsp;&nbsp;&nbsp;Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 2.76% | 1.38% | 0.24% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.53% | 0.24% |
| Bonus II and Annual Step-Up | 3.00% | 1.50% | 0.24% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | &nbsp;&nbsp;&nbsp;3.00% | &nbsp;&nbsp;&nbsp;1.65% | &nbsp;&nbsp;&nbsp;0.24% |
| Charge Basis | &nbsp;&nbsp;&nbsp;GWB | &nbsp;&nbsp;&nbsp;GWB | &nbsp;&nbsp;&nbsp;GWB |
| Charge Frequency | &nbsp;&nbsp;&nbsp;Monthly | &nbsp;&nbsp;&nbsp;Monthly | &nbsp;&nbsp;&nbsp;Monthly |

---

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 1.86% | 0.93% | 0.12% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 2.16% | 1.08% | 0.12% |
| Bonus II and Annual Step-Up | 2.10% | 1.05% | 0.12% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | 2.40% | 1.20% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For LifeGuard Freedom Flex With Joint Option GMWBs issued October 17, 2022 through March 12, 2023.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** |
| &nbsp;&nbsp;&nbsp;Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 2.76% | 1.29% | 0.24% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.44% | 0.24% |
| Bonus II and Annual Step-Up | 3.00% | 1.41% | 0.24% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | &nbsp;&nbsp;&nbsp;3.00% | &nbsp;&nbsp;&nbsp;1.56% | &nbsp;&nbsp;&nbsp;0.24% |
| Charge Basis | &nbsp;&nbsp;&nbsp;GWB | &nbsp;&nbsp;&nbsp;GWB | &nbsp;&nbsp;&nbsp;GWB |
| Charge Frequency | &nbsp;&nbsp;&nbsp;Monthly | &nbsp;&nbsp;&nbsp;Monthly | &nbsp;&nbsp;&nbsp;Monthly |

---

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 1.86% | 0.84% | 0.12% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 2.16% | 0.99% | 0.12% |
| Bonus II and Annual Step-Up | 2.10% | 0.96% | 0.12% |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | 2.40% | 1.11% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E.**For LifeGuard Freedom Flex With Joint Option GMWBs issued March 13, 2023 through August 27, 2023.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** | &nbsp;&nbsp;&nbsp;**LifeGuard Freedom Flex With Joint Option GMWB With Income Stream <br>Max GAWA% Table** |
| &nbsp;&nbsp;&nbsp;Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 2.76% | 1.38% | 0.24% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 3.00% | 1.53% | 0.24% |
| Bonus II and Annual Step-Up | N/A | N/A | N/A |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | &nbsp;&nbsp;&nbsp;N/A | &nbsp;&nbsp;&nbsp;N/A | &nbsp;&nbsp;&nbsp;N/A |
| Charge Basis | &nbsp;&nbsp;&nbsp;GWB | &nbsp;&nbsp;&nbsp;GWB | &nbsp;&nbsp;&nbsp;GWB |
| Charge Frequency | &nbsp;&nbsp;&nbsp;Monthly | &nbsp;&nbsp;&nbsp;Monthly | &nbsp;&nbsp;&nbsp;Monthly |

---

------

---

| | | | |
|:---|:---|:---|:---|
| **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** | **LifeGuard Freedom Flex With Joint Option GMWB With Income Stream Value<br>GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Bonus I and Annual Step-Up | 1.86% | 0.93% | 0.12% |
| Bonus I and Annual Step-Up to the Highest Quarterly Contract Value | 2.16% | 1.08% | 0.12% |
| Bonus II and Annual Step-Up | N/A | N/A | N/A |
| Bonus II and Annual Step-Up to the Highest Quarterly Contract Value | N/A | N/A | N/A |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**F.** For Flex With Joint Option GMWBs issued August 28, 2023 through October 22, 2023.

---

| | | | |
|:---|:---|:---|:---|
| **Flex With Joint Option GMWB GAWA% Table** | **Flex With Joint Option GMWB GAWA% Table** | **Flex With Joint Option GMWB GAWA% Table** | **Flex With Joint Option GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 1.86% | 0.78% | 0.12% |
| Core | 2.76% | 1.38% | 0.24% |
| Plus | 3.00% | 1.53% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**G.** For Flex With Joint Option GMWBs issued October 23, 2023 through July 20, 2025.

---

| | | | |
|:---|:---|:---|:---|
| **Flex With Joint Option GMWB GAWA% Table** | **Flex With Joint Option GMWB GAWA% Table** | **Flex With Joint Option GMWB GAWA% Table** | **Flex With Joint Option GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 1.86% | 0.84% | 0.12% |
| Core | 3.00% | 1.53% | 0.24% |
| Plus | 3.00% | 1.68% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**H.** For Flex With Joint Option GMWBs issued July 21, 2025 through April 26, 2026.

---

| | | | |
|:---|:---|:---|:---|
| **Flex With Joint Option GMWB GAWA% Table** | **Flex With Joint Option GMWB GAWA% Table** | **Flex With Joint Option GMWB GAWA% Table** | **Flex With Joint Option GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Value | 1.86% | 0.57% | 0.12% |
| Core | 3.00% | 1.35% | 0.24% |
| Plus | 3.00% | 1.26% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

------

**VI.&nbsp;&nbsp;&nbsp;&nbsp;LifeGuard Freedom Accelerator GMWB**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A.For LifeGuard Freedom Accelerator GMWBs issued before March 7, 2022, the applicable charges are listed below. For complete information about the charge for this GMWB, please see "For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits And Annual Step-Up ("LifeGuard Freedom Accelerator GMWB"**)** Charge." on page [31](#i6a8c7a642b0f405da7cd588a87395385_103).

---

| | | | |
|:---|:---|:---|:---|
| | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| GMWB Charge | 2.34% | 1.17% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.&nbsp;&nbsp;&nbsp;&nbsp;For LifeGuard Freedom Accelerator GMWBs issued before August 28, 2023, the applicable charge is 1.26%. For complete information about the charge for this GMWB, please see "Fore Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits And Annual Step-Up ("LifeGuard Freedom Accelerator GMWB") Charge." on page [31](#i6a8c7a642b0f405da7cd588a87395385_103).

**VII.&nbsp;&nbsp;&nbsp;&nbsp;LifeGuard Freedom Accelerator with Joint Option GMWB**

For LifeGuard Freedom Accelerator with Joint Option GMWBs issued before August 28, 2023, the applicable charge is 1.26%. The maximum annual charge is 2.52%. For complete information about the charge, please see "For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits And Annual Step-Up ("LifeGuard Freedom Accelerator With Joint Option GMWB") Charge" on page [32](#i6a8c7a642b0f405da7cd588a87395385_106).

**VIII.&nbsp;&nbsp;&nbsp;&nbsp;MarketGuard Stretch GMWB**

No historical charges are available at this time for the MarketGuard Stretch GMWB.

**IX.&nbsp;&nbsp;&nbsp;&nbsp;Highest Anniversary Value GMDB**

No historical charges are available at this time for the Highest Anniversary Value GMDB.

**X.&nbsp;&nbsp;&nbsp;&nbsp;Flex DB NY (previously called LifeGuard Freedom Flex DB NY)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**If you selected the LifeGuard Freedom Flex DB **NY** add-on death benefit before November 8, 2021, which is only available in conjunction with the purchase of the LifeGuard Freedom Flex GMWB, the applicable charges are listed in the table below. For complete information about the charge for this death benefit, please see LifeGuard Freedom Flex DB NY on page [34](#i6a8c7a642b0f405da7cd588a87395385_82).

---

| | | | |
|:---|:---|:---|:---|
| | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| With Income Stream Max GAWA% Table | 1.02% | 0.51% | 0.12% |
| With Income Stream Value GAWA% Table | 0.60% | 0.30% | 0.12% |
| Charge Basis | GMWB Death Benefit | GMWB Death Benefit | GMWB Death Benefit |
| Charge Frequency | Monthly | Monthly | Monthly |

---

**XI.&nbsp;&nbsp;&nbsp;&nbsp;LifeGuard Freedom Accelerator DB NY**

If you elected the LifeGuard Freedom Accelerator DB before August 28, 2023, the applicable charge is 0.42%. For complete information about the charge, please see "LifeGuard Freedom Accelerator DB Charge" on page [35](#i6a8c7a642b0f405da7cd588a87395385_85).

**XV.&nbsp;&nbsp;&nbsp;&nbsp;Four Year Withdrawal Charge Schedule**

If you elected the Four Year Withdrawal Charge Schedule before August 28, 2023, the applicable charge is 0.40%.

------

**APPENDIX G**

**HISTORICAL ADD-ON BENEFIT RATES**

**HISTORICAL GAWA AND DEFERRAL CREDIT PERCENTAGES**

**I.&nbsp;&nbsp;&nbsp;&nbsp;AutoGuard GMWB**

No historical GAWA percentages are available at this time for the AutoGuard GMWB.

**II.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net GMWB (previously called LifeGuard Freedom Net GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For LifeGuard Freedom Net GMWBs issued June 24, 2019 through December 13, 2020.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 4.00% | 3.00% |
| 65 - 74 | 5.00% | 4.00% |
| 75 - 80 | 5.50% | 4.50% |
| 81+ | 6.00% | 5.00% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For LifeGuard Freedom Net GMWBs issued December 14, 2020 through February 28, 2021.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.75% | 3.00% |
| 65 - 74 | 4.75% | 4.00% |
| 75 - 80 | 5.25% | 4.50% |
| 81+ | 5.75% | 5.00% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For LifeGuard Freedom Net GMWBs issued March 1, 2021 through March 6, 2022.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.50% | 3.00% |
| 65 - 74 | 4.75% | 4.00% |
| 75 - 80 | 5.00% | 4.50% |
| 81+ | 5.25% | 5.00% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For LifeGuard Freedom Net GMWBs issued March 7, 2022 through March 12, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.75% | 3.25% |
| 65 - 74 | 5.00% | 4.25% |
| 75 - 80 | 5.25% | 4.75% |
| 81+ | 5.50% | 5.25% |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E.**For LifeGuard Freedom Net GMWBs issued March 13, 2023 through August 27, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.75% | 3.25% |
| 65 - 69 | 5.00% | 4.25% |
| 70 - 74 | 5.00% | 4.25% |
| 75 - 80 | 5.25% | 4.75% |
| 81+ | 5.50% | 5.25% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**F.**For Flex Net GMWBs issued August 28, 2023 through October 22, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** |
| 35 - 59 | 2.75% | 3.75% |
| 60 - 64 | 2.75% | 3.75% |
| 65 - 69 | 4.00% | 5.00% |
| 70 - 74 | 4.00% | 5.00% |
| 75 - 80 | 4.25% | 5.25% |
| 81+ | 4.50% | 5.50% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**G.**For Flex Net GMWBs issued October 23, 2023 through January 15, 2024.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** |
| 35 - 59 | 2.75% | 3.75% |
| 60 - 64 | 3.00% | 4.00% |
| 65 - 69 | 4.00% | 5.00% |
| 70 - 74 | 4.55% | 5.60% |
| 75 - 79 | 4.95% | 6.05% |
| 80 - 84 | 5.40% | 6.60% |
| 85 - 89 | 5.95% | 7.30% |
| 90 - 94 | 6.70% | 8.20% |
| 95+ | 7.65% | 9.35% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**H.**For Flex Net GMWBs issued January 16, 2024 through June 23, 2024.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** |
| 35 - 59 | 3.00% | 4.00% |
| 60 - 64 | 3.00% | 4.00% |
| 65 - 69 | 4.25% | 5.35% |
| 70 - 74 | 4.55% | 5.75% |
| 75 - 79 | 4.95% | 6.25% |
| 80 - 84 | 5.40% | 6.85% |
| 85 - 89 | 5.95% | 7.55% |
| 90 - 94 | 6.70% | 8.50% |
| 95+ | 7.65% | 9.70% |

---

------

**III.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net With Joint Option GMWB (previously called LifeGuard Freedom Net With Joint Option GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For LifeGuard Freedom Net with Joint Option GMWBs issued June 24, 2019 through December 13, 2020.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.50% | 3.00% |
| 65 - 74 | 4.50% | 4.00% |
| 75 - 80 | 5.00% | 4.50% |
| 81+ | 5.50% | 5.00% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For LifeGuard Freedom Net with Joint Option GMWBs issued December 14, 2020 through February 28, 2021.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.25% | 3.00% |
| 65 - 74 | 4.25% | 4.00% |
| 75 - 80 | 4.75% | 4.50% |
| 81+ | 5.25% | 5.00% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For LifeGuard Freedom Net with Joint Option GMWBs issued March 1, 2021 through March 6, 2022.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.00% | 2.50% |
| 65 - 74 | 4.00% | 3.50% |
| 75 - 80 | 4.50% | 4.00% |
| 81+ | 5.00% | 4.50% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For LifeGuard Freedom Net with Joint Option GMWBs issued March 7, 2022 through August 28, 2022.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.25% | 2.75% |
| 65 - 74 | 4.25% | 3.75% |
| 75 - 80 | 4.75% | 4.25% |
| 81+ | 5.25% | 4.75% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E.**For LifeGuard Freedom Net with Joint Option GMWBs issued August 29, 2022 through March 12, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.40% | 2.90% |
| 65 - 74 | 4.40% | 3.90% |
| 75 - 80 | 4.90% | 4.40% |
| 81+ | 5.40% | 4.90% |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**F.**For LifeGuard Freedom Net with Joint Option GMWBs issued March 13, 2023 through August 27, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.75% | 3.25% |
| 65 - 69 | 4.70% | 4.25% |
| 70 - 74 | 5.00% | 4.25% |
| 75 - 80 | 5.25% | 4.75% |
| 81+ | 5.50% | 5.25% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**G.**For Flex Net with Joint Option GMWBs issued August 28, 2023 through October 22, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** |
| 35 - 59 | 2.75% | 3.75% |
| 60 - 64 | 2.75% | 3.75% |
| 65 - 69 | 4.00% | 4.70% |
| 70 - 74 | 4.00% | 5.00% |
| 75 - 80 | 4.25% | 5.25% |
| 81+ | 4.50% | 5.50% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**H.**For Flex Net with Joint Option GMWBs issued October 23, 2023 through April 26, 2026.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** |
| 35 - 59 | 2.75% | 3.75% |
| 60 - 64 | 2.75% | 3.75% |
| 65 - 69 | 4.00% | 4.65% |
| 70 - 74 | 4.30% | 5.00% |
| 75 - 79 | 4.65% | 5.40% |
| 80 - 84 | 5.10% | 5.90% |
| 85 - 89 | 5.65% | 6.50% |
| 90 - 94 | 6.35% | 7.30% |
| 95+ | 7.25% | 8.35% |

---

**IV.&nbsp;&nbsp;&nbsp;&nbsp;Flex GMWB (previously called LifeGuard Freedom Flex GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For GMWBs issued between June 24, 2019 and August 9, 2020, the following GAWA% table was available:

---

| | | |
|:---|:---|:---|
| **<u>7% Bonus Option</u>** | **<u>7% Bonus Option</u>** | **<u>7% Bonus Option</u>** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 4.00% | 3.00% |
| 65 - 69 | 4.50% | 3.50% |
| 70 - 74 | 5.00% | 4.00% |
| 75 - 80 | 5.50% | 4.50% |
| 81+ | 6.00% | 5.00% |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For LifeGuard Freedom Flex GMWBs issued June 24, 2019 through December 13, 2020.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 4.00% | 3.00% |
| 65 - 74 | 5.00% | 4.00% |
| 75 - 80 | 5.50% | 4.50% |
| 81+ | 6.00% | 5.00% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For LifeGuard Freedom Flex GMWBs issued December 14, 2020 through February 28, 2021.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.75% | 3.00% |
| 65 - 74 | 4.75% | 4.00% |
| 75 - 80 | 5.25% | 4.50% |
| 81+ | 5.75% | 5.00% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For LifeGuard Freedom Flex GMWBs issued March 1, 2021 through March 6, 2022.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.50% | 3.00% |
| 65 - 74 | 4.75% | 4.00% |
| 75 - 80 | 5.00% | 4.50% |
| 81+ | 5.25% | 5.00% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E.**For LifeGuard Freedom Flex GMWBs issued March 7, 2022 through March 12, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.75% | 3.25% |
| 65 - 74 | 5.00% | 4.25% |
| 75 - 80 | 5.25% | 4.75% |
| 81+ | 5.50% | 5.25% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**F.**For LifeGuard Freedom Flex GMWBs issued March 13, 2023 through August 27, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.75% | 3.25% |
| 65 - 69 | 4.70%\* / 5.00% | 4.25% |
| 70 - 74 | 5.00% | 4.25% |
| 75 - 80 | 5.25% | 4.75% |
| 81+ | 5.50% | 5.25% |

---

\*The 4.70% GAWA% was only available with election of the LifeGuard Freedom Flex (Single) GMWB with the Income Stream Max GAWA% and Bonus III options.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**G.**For Flex GMWBs issued August 28, 2023 through October 22, 2023.

---

| | | | |
|:---|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** | **Plus** |
| 35 - 59 | 2.75% | 3.75% | 3.75% |
| 60 - 64 | 2.75% | 3.75% | 3.75% |
| 65 - 69 | 4.00% | 5.00% | 5.00% |
| 70 - 74 | 4.00% | 5.00% | 5.00% |
| 75 - 80 | 4.25% | 5.25% | 5.25% |
| 81+ | 4.50% | 5.50% | 5.50% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**H.**For Flex GMWBs issued October 23, 2023 through January 15, 2024.

---

| | | | |
|:---|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** | **Plus** |
| 35 - 59 | 2.75% | 3.75% | 3.75% |
| 60 - 64 | 3.00% | 4.00% | 4.00% |
| 65 - 69 | 4.00% | 5.00% | 5.00% |
| 70 - 74 | 4.55% | 5.60% | 5.60% |
| 75 - 79 | 4.95% | 6.05% | 6.05% |
| 80 - 84 | 5.40% | 6.60% | 6.60% |
| 85 - 89 | 5.95% | 7.30% | 7.30% |
| 90 - 94 | 6.70% | 8.20% | 8.20% |
| 95+ | 7.65% | 9.35% | 9.35% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**I.**For Flex GMWBs issued January 16, 2024 through June 23, 2024.

---

| | | | |
|:---|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** | **Plus** |
| 35 - 59 | 3.00% | 4.00% | 3.75% |
| 60 - 64 | 3.00% | 4.00% | 4.00% |
| 65 - 69 | 4.25% | 5.35% | 5.00% |
| 70 - 74 | 4.55% | 5.75% | 5.60% |
| 75 - 79 | 4.95% | 6.25% | 6.05% |
| 80 - 84 | 5.40% | 6.85% | 6.60% |
| 85 - 89 | 5.95% | 7.55% | 7.30% |
| 90 - 94 | 6.70% | 8.50% | 8.20% |
| 95+ | 7.65% | 9.70% | 9.35% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**J.**For Flex GMWBs issued June 24, 2024 through April 26, 2026.

---

| | | | |
|:---|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** | **Plus** |
| 35 - 59 | 3.00% | 4.00% | 3.75% |
| 60 - 64 | 3.00% | 4.00% | 4.00% |
| 65 - 69 | 4.25% | 5.35% | 5.00% |
| 70 - 74 | 4.55% | 5.75% | 5.60% |
| 75 - 79 | 4.95% | 6.25% | 6.05% |
| 80 - 84 | 5.40% | 6.85% | 6.60% |
| 85 - 89 | 5.95% | 7.55% | 7.30% |
| 90 - 94 | 6.70% | 8.50% | 8.20% |
| 95+ | 7.65% | 9.70% | 9.35% |

---

------

**V.&nbsp;&nbsp;&nbsp;&nbsp;Flex With Joint Option GMWB (previously called LifeGuard Freedom Flex With Joint Option GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For LifeGuard Freedom Flex with Joint Option GMWBs issued June 24, 2019 through December 13, 2020.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.50% | 3.00% |
| 65 - 74 | 4.50% | 4.00% |
| 75 - 80 | 5.00% | 4.50% |
| 81+ | 5.50% | 5.00% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For LifeGuard Freedom Flex with Joint Option GMWBs issued December 14, 2020 through February 28, 2021.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.25% | 3.00% |
| 65 - 74 | 4.25% | 4.00% |
| 75 - 80 | 4.75% | 4.50% |
| 81+ | 5.25% | 5.00% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For LifeGuard Freedom Flex with Joint Option GMWBs issued March 1, 2021 through March 6, 2022.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.00% | 2.50% |
| 65 - 74 | 4.00% | 3.50% |
| 75 - 80 | 4.50% | 4.00% |
| 81+ | 5.00% | 4.50% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For LifeGuard Freedom Flex with Joint Option GMWBs issued March 7, 2022 through August 28, 2022.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.25% | 2.75% |
| 65 - 74 | 4.25% | 3.75% |
| 75 - 80 | 4.75% | 4.25% |
| 81+ | 5.25% | 4.75% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E.**For LifeGuard Freedom Flex with Joint Option GMWBs issued August 29, 2022 through March 12, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.40% | 2.90% |
| 65 - 74 | 4.40% | 3.90% |
| 75 - 80 | 4.90% | 4.40% |
| 81+ | 5.40% | 4.90% |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**F.**For LifeGuard Freedom Flex with Joint Option GMWBs issued March 13, 2023 through August 27, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Income Stream Max GAWA% Table** | **Income Stream Value GAWA% Table** |
| 35 - 64 | 3.75% | 3.25% |
| 65 - 69 | 4.70% | 4.25% |
| 70 - 74 | 5.00% | 4.25% |
| 75 - 80 | 5.25% | 4.75% |
| 81+ | 5.50% | 5.25% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**G.**For Flex with Joint Option GMWBs issued August 28, 2023 through October 22, 2023.

---

| | | | |
|:---|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** | **Plus** |
| 35 - 59 | 2.75% | 3.75% | 3.75% |
| 60 - 64 | 2.75% | 3.75% | 3.75% |
| 65 - 69 | 4.00% | 4.70% | 4.70% |
| 70 - 74 | 4.00% | 5.00% | 5.00% |
| 75 - 80 | 4.25% | 5.25% | 5.25% |
| 81+ | 4.50% | 5.50% | 5.50% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**H.**For Flex with Joint Option GMWBs issued October 23, 2023 through July 20, 2025.

---

| | | | |
|:---|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** | **Plus** |
| 35 - 59 | 2.75% | 3.75% | 3.75% |
| 60 - 64 | 2.75% | 3.75% | 3.75% |
| 65 - 69 | 4.00% | 4.65% | 4.65% |
| 70 - 74 | 4.30% | 5.00% | 5.00% |
| 75 - 79 | 4.65% | 5.40% | 5.40% |
| 80 - 84 | 5.10% | 5.90% | 5.90% |
| 85 - 89 | 5.65% | 6.50% | 6.50% |
| 90 - 94 | 6.35% | 7.30% | 7.30% |
| 95+ | 7.25% | 8.35% | 8.35% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**I.**For Flex with Joint Option GMWBs issued July 21, 2025 through April 26, 2026.

---

| | | | |
|:---|:---|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Value** | **Core** | **Plus** |
| 35 - 59 | 2.75% | 3.75% | 3.75% |
| 60 - 64 | 2.75% | 3.75% | 3.75% |
| 65 - 69 | 4.00% | 4.65% | 4.35% |
| 70 - 74 | 4.30% | 5.00% | 4.95% |
| 75 - 79 | 4.65% | 5.40% | 5.40% |
| 80 - 84 | 5.10% | 5.90% | 5.90% |
| 85 - 89 | 5.65% | 6.50% | 6.50% |
| 90 - 94 | 6.35% | 7.30% | 7.30% |
| 95+ | 7.25% | 8.35% | 8.35% |

---

------

**VI.&nbsp;&nbsp;&nbsp;&nbsp;LifeGuard Freedom Accelerator GMWB**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For LifeGuard Freedom Accelerator GMWBs issued before November 8, 2021.

---

| | | |
|:---|:---|:---|
| **Ages** | **Starting GAWA Percentage** | **Deferral Credit Percentage** |
| 45-49 | 3.25% | 0.10% |
| 50-54 | 3.50% | 0.15% |
| 55-59 | 3.75% | 0.20% |
| 60-64 | 4.00% | 0.20% |
| 65-69 | 4.75% | 0.25% |
| 70-74 | 4.75% | 0.30% |
| 75-80 | 5.50% | 0.40% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For LifeGuard Freedom Accelerator GMWBs issued November 8, 2021 through March 6, 2022.

---

| | | |
|:---|:---|:---|
| **Ages** | **Starting GAWA Percentage** | **Deferral Credit Percentage** |
| 45-49 | 3.25% | 0.10% |
| 50-54 | 3.50% | 0.10% |
| 55-59 | 3.50% | 0.15% |
| 60-64 | 3.50% | 0.15% |
| 65-69 | 4.75% | 0.20% |
| 70-74 | 4.75% | 0.25% |
| 75-80 | 5.00% | 0.35% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For LifeGuard Freedom Accelerator GMWBs issued March 7, 2022 through August 27, 2023.

---

| | | |
|:---|:---|:---|
| **Ages** | **Starting GAWA Percentage** | **Deferral Credit Percentage** |
| 45-49 | 3.50% | 0.10% |
| 50-54 | 3.75% | 0.10% |
| 55-59 | 3.75% | 0.15% |
| 60-64 | 3.75% | 0.15% |
| 65-69 | 5.00% | 0.20% |
| 70-74 | 5.00% | 0.25% |
| 75-80 | 5.25% | 0.35% |

---

------

**VII.&nbsp;&nbsp;&nbsp;&nbsp;LifeGuard Freedom Accelerator with Joint Option GMWB**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For LifeGuard Freedom Accelerator with Joint Option GMWBs issued before November 8, 2021.

---

| | | |
|:---|:---|:---|
| **Ages** | **Starting GAWA Percentage** | **Deferral Credit Percentage** |
| 45-49 | 2.75% | 0.10% |
| 50-54 | 3.00% | 0.15% |
| 55-59 | 3.25% | 0.20% |
| 60-64 | 3.50% | 0.20% |
| 65-69 | 4.25% | 0.25% |
| 70-74 | 4.25% | 0.30% |
| 75-80 | 5.00% | 0.40% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For LifeGuard Freedom Accelerator with Joint Option GMWBs issued November 8, 2021 through March 6, 2022.

---

| | | |
|:---|:---|:---|
| **Ages** | **Starting GAWA Percentage** | **Deferral Credit Percentage** |
| 45-49 | 2.75% | 0.10% |
| 50-54 | 3.00% | 0.10% |
| 55-59 | 3.00% | 0.15% |
| 60-64 | 3.00% | 0.15% |
| 65-69 | 4.00% | 0.20% |
| 70-74 | 4.00% | 0.25% |
| 75-80 | 4.50% | 0.35% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For LifeGuard Freedom Accelerator with Joint Option GMWBs issued March 7, 2022 through August 27, 2023.

---

| | | |
|:---|:---|:---|
| **Ages** | **Starting GAWA Percentage** | **Deferral Credit Percentage** |
| 45-49 | 3.00% | 0.10% |
| 50-54 | 3.25% | 0.10% |
| 55-59 | 3.25% | 0.15% |
| 60-64 | 3.25% | 0.15% |
| 65-69 | 4.25% | 0.20% |
| 70-74 | 4.25% | 0.25% |
| 75-80 | 4.75% | 0.35% |

---

**VIII.&nbsp;&nbsp;&nbsp;&nbsp;MarketGuard Stretch GMWB**

No historical GAWA percentages are available at this time for the MarketGuard Stretch GMWB.

**HISTORICAL GWB ADJUSTMENT PERCENTAGES**

**I.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net GMWB (previously called LifeGuard Freedom Net GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For GMWBs issued between June 24, 2019 and August 9, 2020, the GWB Adjustment percentage is 200%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For GMWBs issued between August 10, 2020 and February 28, 2021, the GWB Adjustment percentage is 180%.

**II.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net With Joint Option (previously called LifeGuard Freedom Net With Joint Option GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For GMWBs issued between June 24, 2019 and August 9, 2020, the GWB Adjustment percentage is 200%.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For GMWBs issued between August 10, 2020 and February 28, 2021, the GWB Adjustment percentage is 180%.

**III.&nbsp;&nbsp;&nbsp;&nbsp;Flex GMWB (previously called LifeGuard Freedom Flex GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For GMWBs issued between June 24, 2019 and August 9, 2020, the GWB Adjustment percentage is 200%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For GMWBs issued between August 10, 2020 and February 28, 2021, the GWB Adjustment is 170% when the Bonus I option is elected, 180% when the Bonus II option is elected, and 190% when the Bonus III option is elected.

**IV.&nbsp;&nbsp;&nbsp;&nbsp;Flex With Joint Option GMWB (previously called LifeGuard Freedom Flex With Joint Option GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For GMWBs issued between June 24, 2019 and August 9, 2020, the GWB Adjustment percentage is 200%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For GMWBs issued between August 10, 2020 and February 28, 2021, the GWB Adjustment is 170% when the Bonus I option is elected, 180% when the Bonus II option is elected, and 190% when the Bonus III option is elected.

**HISTORICAL GMWB BONUS PERCENTAGES**

**I.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net GMWB (previously called LifeGuard Freedom Net GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For GMWBs issued between June 24, 2019 and August 9, 2020, the GMWB Bonus percentage is 6%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For GMWBs issued between August 10, 2020 and August 28, 2022 the GMWB Bonus percentage is 5%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For GMWBs issued between August 29, 2022 and August 27, 2023 the GMWB Bonus percentage is 6% for Value and Max.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For GMWBs issued between August 28, 2023 and October 22, 2023 the GMWB Bonus percentage is 5% for Value and 6% for Core.

**II.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net With Joint Option (previously called LifeGuard Freedom Net With Joint Option GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For GMWBs issued between June 24, 2019 and August 9, 2020, the GMWB Bonus percentage is 6%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For GMWBs issued between August 10, 2020 and August 28, 2022 the GMWB Bonus percentage is 5%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For GMWBs issued between August 29, 2022 and March 12, 2023 the GMWB Bonus percentage is 6%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For GMWBs issued between March 13, 2023 and August 27, 2023 the GMWB Bonus percentage is 5% for Value and Max.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E.**For GMWBs issued between August 28, 2023 and October 22, 2023 the GMWB Bonus percentage is 5% for Value and Core.

**III.&nbsp;&nbsp;&nbsp;&nbsp;Flex GMWB (Previously called LifeGuard Freedom Flex GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For GMWBs issued between June 24, 2019 and August 9, 2020, the GMWB Bonus percentage options are 5% for Bonus I, 6% for Bonus II, and 7% for Bonus III.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For GMWBs issued between August 10, 2020 and August 28, 2022, the GMWB Bonus percentage options are 4% for Bonus I, 5% for Bonus II, and 6% for Bonus III.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For GMWBs issued between August 29, 2022 and August 27, 2023, the GMWB Bonus percentage options are 5% for Bonus I, 6% for Bonus II, and 7% for Bonus III.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For GMWBs issued between August 28, 2023 and October 22, 2023 the GMWB Bonus percentage is 5% for Value and 6% for Core and Plus.

------

**IV.&nbsp;&nbsp;&nbsp;&nbsp;Flex With Joint Option GMWB (previously called LifeGuard Freedom Flex With Joint Option GMWB)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For GMWBs issued between June 24, 2019 and August 9, 2020, the GMWB Bonus percentage options are 5% for Bonus I and 6% for Bonus II.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For GMWBs issued between August 10, 2020 and August 28, 2022, the GMWB Bonus percentage options are 4% for Bonus I, 5% for Bonus II, and 6% for Bonus III.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For GMWBs issued between August 29, 2022 and August 27, 2023, the GMWB Bonus percentage options are 5% for Bonus I, 6% for Bonus II, and 7% for Bonus III.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For GMWBs issued between August 28, 2023 and October 22, 2023, the GMWB Bonus percentage options is 5% for Value, Core and Plus.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**E.**For GMWBs issued between October 23, 2023 and July 20, 2025, the GMWB Bonus percentage options is 4% for Value and 5% for Core and Plus.

**V.&nbsp;&nbsp;&nbsp;&nbsp;Flex DB NY (previously called LifeGuard Freedom Flex DB NY)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For GMWBs issued between June 24, 2019 and August 9, 2020 the Bonus option requirement for election of the LifeGuard Freedom Flex DB NY was 6%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**B.**For GMWBs issued between August 10, 2020 and August 28, 2022 the Bonus option requirement for election of the LifeGuard Freedom Flex DB NY was 5%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**C.**For GMWBs issued between August 29, 2022 and August 27, 2023 the Bonus option requirement for election of the LifeGuard Freedom Flex DB NY was 6%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**D.**For GMWBs issued between August 28, 2023 and October 22, 2023 the Bonus option requirement for election of the LifeGuard Freedom Flex DB NY was 5% for Value and 6% for Core.

------

**APPENDIX H**

**HISTORICAL BENEFIT DESCRIPTIONS FOR FLEX GMWB AND FLEX WITH JOINT OPTION GMWB**

Below are the historical benefit descriptions for the Flex GMWB and Flex With Joint Option GMWB add-on benefits applicable to elections made prior to August 28, 2023. **Please note**: Prior to August 28, 2023, these add-on benefits were marketed as "LifeGuard Freedom Flex GMWB" and "LifeGuard Freedom Flex with Joint Option GMWB," respectively. The disclosures in this appendix refer to the add-on benefits using the historical marketing names applicable at the time of election.

**Guaranteed Minimum Withdrawal Benefits for a Single Life or two Covered Lives with Combinations of Optional Bonus Percentage Amounts, Annual or Quarterly Contract Value-Based Step-Ups, and Guaranteed Death Benefit ("LifeGuard Freedom Flex GMWB" and "LifeGuard Freedom Flex with Joint Option GMWB").**

These are Guaranteed Minimum Withdrawal Benefits (GMWBs) that guarantee the withdrawal of minimum annual amounts for life, regardless of the performance of the underlying investment options. The amount of withdrawals that you can make will depend on how you combine the many optional features under these GMWBs, but we guarantee the minimum annual withdrawal amount.

LifeGuard Freedom Flex with Joint Option GMWB provides for coverage for the life of the Owner and Owner's spouse ("Covered Lives"). In the case of tax-qualified Contracts owned by a natural person, the Owner and the primary spousal Beneficiary named as of the effective date of this endorsement will each be considered a Covered Life. On non-qualified LifeGuard Freedom Flex with Joint Option GMWB Contracts owned by natural persons, the spousal joint Owners will each be considered a Covered Life.

These GMWBs permit, prior to being added to the Contract, a selection among combinations of the following optional features (Options).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a range of bonus percentage amounts (Current Bonus percentage amounts are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical bonus percentages, please see "Appendix G (Historical Add-On Benefit Rates)."),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• annual or quarterly Contract Value step-ups (quarterly step-ups are applied annually based on the highest quarterly Contract Value), and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• an add-on death benefit.

Following is a summary of the available combinations of Options:

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| | | |
|:---|:---|:---|
| **LifeGuard Freedom Flex GMWB -<br>Available Option Combinations** | **LifeGuard Freedom Flex GMWB -<br>Available Option Combinations** | **LifeGuard Freedom Flex GMWB -<br>Available Option Combinations** |
| **<u>Bonus</u>** | **Step-Up**<br>**Annual**<br>**<u>Contract Value</u>** | **Freedom Flex** <br>**<u>Death Benefit (DB) NY</u>** |
| Bonus I | Annual | |
| Bonus I | Quarterly | |
| Bonus II | Annual | Yes\* |
| Bonus II | Quarterly | Yes\* |
| Bonus III | Annual | |
| Bonus III | Quarterly | |

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| | |
|:---|:---|
| **LifeGuard Freedom Flex with Joint Option GMWB-** | **LifeGuard Freedom Flex with Joint Option GMWB-** |
| **Available Option Combinations** | **Available Option Combinations** |
| **<u>Bonus</u>** | **Step-Up**<br>**Annual**<br>**<u>Contract Value</u>** |
| Bonus I | Annual |
| Bonus I | Quarterly |
| Bonus II | Annual |
| Bonus II | Quarterly |
| Bonus III | Annual |
| Bonus III | Quarterly |

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\*This Guaranteed Death Benefit is only available in conjunction with the purchase of the Bonus II option within the LifeGuard Freedom Flex GMWB (the "LifeGuard Freedom Flex GMWB with Bonus II Option"). At the time you purchased your Contract, different Bonus option requirements may have been in place for election of the LifeGuard Freedom Flex DB NY. Please see "Appendix G (Historical Add-On Benefit Rates)" for more information.

These GMWBs may be appropriate for those individuals who are looking for a combination of Options within a GMWB that differs from the combinations of specified similar features offered by Jackson of NY under other GMWBs. Thus, the LifeGuard Freedom Flex GMWB and LifeGuard Freedom Flex with Joint Option GMWB allow the Owner (or the Owner and the Owner's spouse), with the assistance of his or her financial professional, to select an available combination of Options, consistent with a variety of considerations, such as: his or her expectations of market performance; anticipated timing of subsequent Premiums; needs for future guaranteed annual percentage of withdrawals; expectation of need for early or unscheduled withdrawals to fund then current living expenses and obligations; marital and family status; and tax-qualified or non-tax-qualified purpose of the investment.

Differences in the percentage of a Bonus Option or differences in the method of computing Contract Value for purposes of a step-up Option do not otherwise affect the operation of the resulting combination of Options.

References to "this GMWB" apply to each of the GMWBs, LifeGuard Freedom Flex GMWB and LifeGuard Freedom Flex with Joint Option GMWB, including all of the available combinations of Options and the GAWA% tables that may be available that each provides, as discussed below. In addition, as disclosed in the Fees and Expenses Tables, the charges of each GMWB will vary depending on the mix of Options and the GAWA% table selected. Upon selection of the Options and a request for one of these GMWBs received in Good Order, the Owner will receive an endorsement to the Contract reflecting the selection of Options.

Each combination of Options, other than the combination that includes the LifeGuard Freedom Flex DB NY (for information about the LifeGuard Freedom Flex DB NY, please see "LifeGuard Freedom Flex DB NY" under "Add-On Death Benefits", beginning on page [122](#i6a8c7a642b0f405da7cd588a87395385_247).) is offered to Owners between the ages of 35 and 80. As explained below with regard to both the LifeGuard Freedom Flex GMWB and LifeGuard Freedom Flex with Joint Option GMWB, the timing and amounts of withdrawals have a significant impact on the amount and duration of benefits. The cumulative costs of these GMWBs also are greater the longer the duration of ownership. The closer you are to retirement the more reliably you may be able to forecast your needs to make withdrawals prior to the ages where the amounts of certain benefits such as the For Life Guarantee (59½) and the GWB adjustment (70) are locked-in. Conversely, forecasts at younger ages may prove less reliable. You should undertake careful consideration and thorough consultation with your financial professional or retirement planning agent as to the financial resources and age of the Owner/Annuitant and the value to you of the potentially limited downside protection that this GMWB might provide.

**These GMWBs may not be terminated by the Owner independently from the Contract to which they are attached.**

**LifeGuard Freedom Flex GMWB.** 

*The following description of this GMWB is supplemented by the examples in Appendix D under section "III. LifeGuard Freedom Flex," particularly example 2 for the varying benefit percentage, examples 6 and 7 for the step-ups and example 12 for the guaranteed withdrawal balance adjustment.* 

This GMWB guarantees partial withdrawals during the Contract's accumulation phase (i.e., before the Income Date) subject to the following:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is in effect, the guarantee lasts for the lifetime of the Designated Life or if there are joint Owners, the lifetime of the joint Owner who dies first (the "For Life Guarantee"). For purposes of this GMWB, the Designated Life is the original Owner (or oldest joint Owner) if the Owner is a natural person. If the Owner is a legal entity, the Designated Life is the original Annuitant (or oldest joint Annuitant).

For the Owner that is a legal entity, the guarantee lasts for the lifetime of the Designated Life (or if there are joint Annuitants, the lifetime of the joint Annuitant who dies first).

The For Life Guarantee becomes effective on the Contract Anniversary on or immediately following the Designated Life attaining the age of 59½. If the Designated Life is 59½ years old or older on the endorsement's effective date, then the For Life Guarantee is effective when this GMWB is added to the Contract.

**If the For Life Guarantee is in effect, it will be terminated if a withdrawal exceeds the permissible amounts and reduces the Contract Value to zero.** (Please see the "Contract Value is Zero" subsection below to understand what happens when the Contract Value is reduced to zero.) Otherwise, the For Life Guarantee remains effective until the date this GMWB endorsement is terminated or until the Continuation Date on which this GMWB endorsement is continued under spousal continuation. Please see the "Termination" subsection below to understand under what conditions this GMWB endorsement and, accordingly, the For Life Guarantee can be terminated.

**In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee and it will never become effective. See "Contract Value is Zero" below for more information.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is not in effect, the guarantee lasts until the earlier of (1) the date of death of the Owner (or any joint Owner) or (2) the date when all withdrawals under the Contract equal the Guaranteed Withdrawal Balance (GWB), without regard to Contract Value.

The GWB is the guaranteed amount available for future periodic withdrawals.

In the event of the Owner's death, a spousal Beneficiary may continue this GMWB endorsement under spousal continuation. In that event, the GWB is payable until depleted. (Please see the "Spousal Continuation" subsection below for more information.) If the Beneficiary is a non-spousal Beneficiary, the GWB is void and this endorsement is terminated; therefore, the Owner's death may have a significant negative impact on the value of this GMWB endorsement and cause the endorsement to prematurely terminate.

Please consult the financial professional who is helping, or who helped, you purchase your Contract to be sure that this GMWB and the combination of Options you ultimately choose suit your needs and are consistent with your expectations.

This GMWB is available to Owners 35 to 80 years old, or 35 to 75 years old if you select the Option combination that includes the LifeGuard Freedom Flex DB NY (proof of age is required). This GMWB may be added to a Contract on the Issue Date or on any Contract Anniversary (subject to availability). Please note, this GMWB may be added to a Contract on any Contract Anniversary (subject to availability), the LifeGuard Freedom Flex DB NY is not available after issue and can only be added on the Issue Date. Once added this GMWB cannot be cancelled except by a Beneficiary who is the Owner's spouse, who, upon the Owner's death, may elect to continue the Contract without the GMWB. If you are eligible to elect this GMWB after the Contract Issue Date on a Contract Anniversary (subject to availability), we must receive a request in Good Order within 30 calendar days prior to the Contract Anniversary. **This GMWB is not available on a Contract that already has a GMWB (only one GMWB per Contract).** Availability of this GMWB may be subject to further limitation.

We allow ownership changes of a Contract with this GMWB However, The Designated Life may not be changed. Any provisions referring to the age of a Designated Life apply even if that Designated Life is no longer living. When the Owner is a legal entity, changing Annuitants is not allowed.

There is a limit on withdrawals each Contract Year to keep the guarantees of this GMWB in full effect – the greater of the Guaranteed Annual Withdrawal Amount (GAWA) and for certain tax-qualified Contracts, the required minimum distribution (RMD) under the

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Internal Revenue Code. Withdrawals exceeding the limit do not invalidate the For Life Guarantee, but cause the GWB and GAWA to be recalculated. Please see ***Guaranteed Withdrawal Balance (***"***GWB***"***)*** and "***Withdrawals***" below for more information about the GWB and GAWA.

***Guaranteed Withdrawal Balance (***"***GWB***"***).*** The GWB is established for the sole purpose of determining the minimum withdrawal benefit and is not used in calculating your Contract Value or other guaranteed benefits. The GWB depends on when this GMWB is added to the Contract, and the GAWA derives from the GWB for all combinations of Options.

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –**  | &nbsp;&nbsp;The **GWB** equals initial Premium net of any applicable Premium taxes. |
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –**  | The **GAWA** is determined based on the Designated Life's (or oldest joint Owner's) attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the partial withdrawal. See the GAWA percentage table below. |

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on any Contract Anniversary, subject to availability</u> –** | &nbsp;&nbsp;The **GWB** equals Contract Value.  |
| **<u>When this GMWB is added to the Contract on any Contract Anniversary, subject to availability</u> –** | The **GAWA** is determined based on the Designated Life's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the partial withdrawal. See the GAWA percentage table below. |

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**The GWB can never be more than $10 million** (including upon Step-Up, the application of a GWB adjustment or the application of any bonus), and the GWB is reduced by each withdrawal.

**PLEASE NOTE:** Upon the death of the Designated Life, or in the case of joint Owners, the death of the first joint Owner, the For Life Guarantee is void. However, this GMWB might be continued by a spousal Beneficiary without the For Life Guarantee. Please see the "Spousal Continuation" subsection below for more information. If the For Life Guarantee is not in effect, upon the death of the Owner or the death of any joint Owner or the depletion of the GWB, all payments will cease and spousal continuation is not available.

***Withdrawals.*** The GAWA percentage and the GAWA are determined at the time of the first withdrawal. The GAWA is equal to the GAWA percentage multiplied by the GWB prior to the partial withdrawal. The GAWA percentage varies according to age group and selected Income Stream Level, and is determined based on the Designated Life's attained age at the time of the first withdrawal. (Elsewhere in this prospectus we refer to this varying GAWA percentage structure as the "varying benefit percentage".)

There are two different Income Stream Levels available, each of which provide different sets of GAWA percentages with different associated charges. The applicable GAWA percentages are disclosed in GAWA% tables, listed from the table offering the highest GAWA percentages for each age group (Income Stream Max GAWA% Table) to the table offering the lowest GAWA percentages for each age group (Income Stream Value GAWA% Table). The current GAWA% Tables are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. We reserve the right to prospectively restrict the availability of the GAWA% tables. Therefore, not all GAWA% tables may be available at the time you are interested in electing this GMWB. Please contact your financial professional, or contact us at our Jackson of NY Customer Care Center, for information regarding the current availability of the GAWA% tables.

We reserve the right to prospectively change the GAWA percentages, including the age bands, on new GMWB endorsements. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical GAWA and Deferral Credit Percentages)" to view historical GAWA percentages. If we change the GAWA percentages, we will follow these procedures:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• When we issue your Contract we will deliver a copy of the prospectus that includes the notice of change of GAWA percentages in the form of a Rate Sheet Prospectus Supplement to you. You will have until the end of the Free Look period to cancel your Contract and this GMWB by returning the Contract to us pursuant to the provisions of the Free Look section (please see "Free Look" on page [132](#i6a8c7a642b0f405da7cd588a87395385_343)).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If you are an existing Owner and are eligible to elect this GMWB after the Issue Date, at the time we change the GAWA percentages we will send you the notice of change of GAWA percentages in the form of a Rate Sheet Prospectus Supplement. If you later elect this GMWB, when we receive your election, we will send you the required endorsement with a duplicate

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notice of change of GAWA percentages. You will have 30 days after receiving the notice to cancel your election of this GMWB by returning the endorsement to us.

In each case, the actual GAWA percentages will be reflected in your Contract endorsement.

In connection with a change of GAWA percentages, as described above, we may continue to offer the existing GAWA percentages, in effect prior to the change, as an Optional GAWA% table at an increased charge. The increased charge for any combination of options under the Freedom Flex GMWB will not be greater than the maximum annual charges shown in the charge tables, which in no event exceed 3.00%. For the charges for each GMWB, please see the section for the applicable GMWB appearing under "Contract Charges" beginning on page [24](#i6a8c7a642b0f405da7cd588a87395385_64). Also, please see the *"Optional Benefit Charges"* table under the "FEES AND EXPENSES TABLES" beginning on page [10](#i09b2a041f76c479db55034edb2cfb182_0-0-1-1-160685). The Optional GAWA% table will maintain the GAWA percentages for each age group that were available before the change as reflected in the Rate Sheet Prospectus Supplement that was applicable at the time you purchased your Contract. If we offer the Optional GAWA% table, the notice of change in the form of a prospectus supplement, that will be delivered to you, will describe both the change to the GAWA percentages, and the Optional GAWA% table and related charges. We reserve the right to prospectively change the GAWA percentages in the Optional GAWA% table, including the age bands, on new GMWB endorsements subject to the notices and procedures described above.

Withdrawals cause the GWB to be recalculated. Withdrawals will also cause the GAWA to be recalculated if the withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the GAWA, or for certain tax-qualified Contracts only, the RMD (if greater than the GAWA). In such case, the recalculation of the GAWA will occur whether or not the For Life Guarantee is in effect. If the GWB is less than the GAWA at the end of any Contract Year and the For Life Guarantee is not in effect, the GAWA will be set equal to the GWB. This may occur, when over time, payment of the guaranteed withdrawals is nearly complete, the For Life Guarantee is not in effect and the GWB has been depleted to a level below the GAWA. The tables below clarify what happens in each instance. (RMD denotes the required minimum distribution under the Internal Revenue Code for certain tax-qualified Contracts only. There is no RMD for non-qualified Contracts.) In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee and it will never become effective. See "Contract Value is Zero" below for more information.

For certain tax-qualified Contracts, this GMWB allows withdrawals greater than GAWA to meet the Contract's RMD without compromising the endorsement's guarantees. Examples 4, 5 and 7 in Appendix D under section "III. LifeGuard Freedom Flex" supplement this description. Because the intervals for the GAWA and RMDs are different, namely Contract Years versus calendar years, and because RMDs are subject to other conditions and limitations, if your Contract is a tax-qualified Contract, then please see "RMD NOTES" under "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" on page [46](#i6a8c7a642b0f405da7cd588a87395385_187), for more information.

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | The GWB before the withdrawal less the withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The **GAWA** is unchanged. | The **GAWA** is unchanged. | The **GAWA** is unchanged. |

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The GAWA is **<u>not</u>** reduced if all withdrawals during any one Contract Year do not exceed the greater of the GAWA or RMD, as applicable. The GAWA will be reduced at the end of a Contract Year to equal the GWB if the For Life Guarantee is not in effect and the GWB is nearly depleted, resulting in a GWB that is less than the GAWA. You may withdraw the greater of the GAWA or RMD, as applicable, all at once or throughout the Contract Year. Withdrawing less than the greater of the GAWA or RMD, as applicable, in a Contract Year does not entitle you to withdraw more than the greater of the GAWA or RMD, as applicable, in the next Contract Year. The amount you may withdraw each Contract Year and not cause the GWB and GAWA to be recalculated does not accumulate.

Withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year causes the GWB and GAWA to be recalculated (see below and Example 7 in Appendix D under section "III. LifeGuard Freedom Flex"). **In recalculating the GWB, the GWB could be reduced by more than the withdrawal amount. The GAWA will also be reduced. Therefore, please note that withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year may have a significantly negative impact on the value of this benefit.**

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The GWB prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The GAWA prior to the partial withdrawal is reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal. |

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The Excess Withdrawal is defined to be the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The total amount of the current partial withdrawal, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount by which the cumulative partial withdrawals for the current Contract Year exceeds the greater of the GAWA or the RMD, as applicable.

Withdrawals under this GMWB are assumed to be the total amount deducted from the Contract Value, including any withdrawal charges, asset allocation fees, and other charges or adjustments. Any withdrawals from Contract Value allocated to a Fixed Account Option may be subject to a Market Value Adjustment. For more information, please see "THE FIXED ACCOUNT" beginning on page [15](#i6a8c7a642b0f405da7cd588a87395385_46). Withdrawals in excess of free withdrawals may be subject to a withdrawal charge.

Withdrawals under this GMWB are considered the same as any other partial withdrawals for the purposes of calculating any other values under the Contract and any other endorsements (for example, the Contract's death benefit). All withdrawals count toward the total amount withdrawn in a Contract Year, including automatic withdrawals, RMDs for certain tax-qualified Contracts, withdrawals of asset allocation and advisory fees, and free withdrawals under the Contract. They are subject to the same restrictions and processing rules as described in the Contract. They are also treated the same for federal income tax purposes. For more information about tax-qualified and non-qualified Contracts, please see "TAXES" beginning on page [127](#i6a8c7a642b0f405da7cd588a87395385_271).

If the age of any Designated Life is incorrectly stated at the time of election of the GMWB, on the date the misstatement is discovered, the GWB and the GAWA will be recalculated based on the GAWA percentage applicable at the correct age. Any future GAWA percentage recalculation will be based on the correct age. If the age at election of the Designated Life falls outside the allowable age range, the GMWB will be null and void and all GMWB charges will be refunded.

Withdrawals made under section 72(t) or section 72(q) of the Code are **<u>not</u>** considered RMDs for purposes of preserving the guarantees under this GMWB. Such withdrawals that exceed the GAWA will have the same effect as any withdrawal or excess withdrawal as described above and, consistent with that description, may cause a significant negative impact to your benefit.

***Guaranteed Withdrawal Balance Adjustment.*** If no withdrawals are taken from the Contract on or prior to the GWB Adjustment Date (as defined below), then you will receive a GWB adjustment. Tax-qualified plan Contract Owners should consider the impact of Required Minimum Distributions on this benefit since any withdrawal from the Contract will void the GWB adjustment.

The GWB Adjustment Date is the later of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversary on or immediately following the Designated Life's 70<sup>th</sup> birthday, *<u>Or</u>*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The 12<sup>th</sup> Contract Anniversary following the effective date of this endorsement.

The GWB adjustment is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• On the effective date of this endorsement, the GWB adjustment is equal to a percentage of the GWB, subject to a maximum of $10 million. The GWB adjustment percentage varies depending on which Bonus option is elected. Current GWB adjustment percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of

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historical GWB adjustment percentages, please see "Appendix G (Historical Add-On Benefit Rates)." For more information about the available Bonus options, please see "*Bonus*" below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received after this GMWB is effective and prior to the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the applicable GWB adjustment percentage of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10 million. (See Example 3 in Appendix D under section "III. LifeGuard Freedom Flex".)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received on or after the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the amount of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10,000,000. (See Example 3 in Appendix D under section "III. LifeGuard Freedom Flex".)

If no partial withdrawals are taken on or prior to the GWB Adjustment Date, the GWB will be re-set on that date to equal the greater of the current GWB or the GWB adjustment. No adjustments are made to the Bonus Base. Once the GWB is re-set, this GWB adjustment provision terminates. **In addition, if a withdrawal is taken on or before the GWB Adjustment Date, this GWB adjustment provision terminates without value**. (Please see example 13 in Appendix D under section "III. LifeGuard Freedom Flex" for an illustration of this GWB adjustment provision.)

***Premiums.***

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| | | | |
|:---|:---|:---|:---|
| **<u>With each subsequent Premium payment on the Contract</u> –** | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  |
| **<u>With each subsequent Premium payment on the Contract</u> –** | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: |
| **<u>With each subsequent Premium payment on the Contract</u> –** | | ● | The GAWA percentage multiplied by the subsequent Premium payment net of any applicable Premium taxes; *<u>Or</u>* |
| **<u>With each subsequent Premium payment on the Contract</u> –** | | ● | The GAWA percentage multiplied by the increase in the GWB – <u>if the maximum GWB is hit</u>. |

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We require prior approval for a subsequent Premium payment that would result in your Contract having $1 million of Premiums in the aggregate. We also reserve the right to refuse subsequent Premium payments. **The GWB can never be more than $10 million.** See Example 3b in Appendix D under section "III. LifeGuard Freedom Flex" to see how the GWB is recalculated when the $10 million maximum is hit.

***Step-up.*** On each Contract Anniversary following the effective date of this GMWB, if the Contract Value is greater than the GWB, the GWB will be automatically re-set to the Contract Value by one of two calculation methods, which must be selected by you at issue and once selected cannot be changed. Under one method, the GWB will be reset to the Contract Value on that Contract Anniversary (the "Contract Anniversary Value") for the applicable Bonus Options. Under the other method the GWB will be reset annually on each Contract Anniversary to the highest quarterly Contract Value, as described immediately below for the applicable Bonus Options ("Highest Quarterly Contract Value"). (See Examples 6 and 7 in Appendix D under section "III. LifeGuard Freedom Flex"). For more information about available Bonus options, please see "*Bonus*" below.

The Contract Anniversary Value method, as opposed to the Highest Quarterly Contract Value method, is determined solely by reference to and use of the Contract Value on that Contract Anniversary.

The Highest Quarterly Contract Value is determined by reference to and use of the Contract Value on the highest of the four prior Contract Quarterly Anniversaries as follows:

The Highest Quarterly Contract Value is equal to the highest of the quarterly adjusted Contract Values from the four most recent Contract Quarterly Anniversaries, including the Contract Anniversary upon which the step-up is determined. The quarterly adjusted Contract Value is equal to the Contract Value on the Contract Quarterly Anniversary, plus any Premium paid subsequent to that Contract Quarterly Anniversary, net of any applicable Premium taxes, and adjusted for any partial withdrawals taken subsequent to that Contract Quarterly Anniversary.

Partial withdrawals will affect the quarterly adjusted Contract Value as follows:

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, reduced by the partial withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | Zero. |

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see above), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | Zero. |

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| | | |
|:---|:---|:---|
| **<u>With a step-up</u> –** | The **GWB** equals the Contract Value, as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value (**subject to a $10 million maximum**). | The **GWB** equals the Contract Value, as determined based on either the Contract Anniversary Value or the Highest Quarterly Contract Value (**subject to a $10 million maximum**). |
| **<u>With a step-up</u> –** | ● | The GAWA percentage will not be recalculated upon step-ups following spousal continuation. |
| **<u>With a step-up</u> –** | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: |
| **<u>With a step-up</u> –** | ● | The GAWA percentage (as adjusted by any increase that occurs pursuant to the same step-up) multiplied by the new GWB, *<u>Or</u>* |
| **<u>With a step-up</u> –** | ● | The GAWA prior to step-up. |

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**PLEASE NOTE: Withdrawals from the Contract reduce the GWB and Contract Value.**

**The GWB can never be more than $10 million with a step-up.** Upon step-up, the applicable GMWB charge will be reflected in your confirmation.

***GMWB Charge Increase.* On each fifth Contract Anniversary, the GMWB charge may be increased**. You will be notified in advance of a GMWB Charge increase and may elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provision, automatic step-up provision, GWB adjustment, and any other increases to the GWB and GAWA. Such election must be received in Good Order prior to the Contract Anniversary. **Upon such election, no future Premiums will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in the charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All requests will be effective on the Contract Anniversary following receipt of the request in Good Order. For more information, please see "LifeGuard Freedom Flex GMWB Charge."

***Owner's Death.*** The Contract's death benefit is not affected by this GMWB <u>so long as Contract Value is greater than zero</u> and the Contract is still in the accumulation phase. Upon your death (or the death of any joint Owner) while the Contract is still in force, this GMWB terminates without value, unless continued by the surviving spouse.

Also see the *"LifeGuard Freedom Flex DB NY"* under "Add-on Death Benefits", beginning on page [122](#i6a8c7a642b0f405da7cd588a87395385_247) for the death benefit that differs from the Contract's death benefit and is available only in combination with the selection of the Bonus II option. At the time you purchased your Contract, different Bonus option requirements may have been in place for election of the LifeGuard Freedom Flex DB NY. Please see "Appendix G (Historical Add-On Benefit Rates)" for more information.

***Contract Value Is Zero*.** With this GMWB, in the event the Contract Value is zero, the Owner will receive annual payments of the GAWA until the death of the Designated Life (or the death of any joint Owner), <u>so long as the For Life Guarantee is in effect</u> and the

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Contract is still in the accumulation phase. If the For Life Guarantee is not in effect, the Owner will receive annual payments of the GAWA until the earlier of the death of the Designated Life (or the death of any joint Owner) or the date the GWB, if any, is depleted, so long as the Contract is still in the accumulation phase. The last payment will not exceed the remaining GWB at the time of payment. If the GAWA percentage has not yet been determined, it will be set at the GAWA percentage corresponding to the Designated Life's attained age at the time the Contract Value falls to zero and the GAWA will be equal to the GAWA percentage multiplied to the GWB.

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| | | | |
|:---|:---|:---|:---|
| **<u>After each payment when the Contract Value is zero</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | The GWB before the payment less the payment; *<u>Or</u>* |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | Zero. |
| **<u>After each payment when the Contract Value is zero</u> –** | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. |

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Subject to the Company's approval, you may elect to receive payments more frequently than annually. If you die, all rights under your Contract cease. No subsequent Premium payments will be accepted. All optional endorsements terminate without value and no death benefit is payable, including the LifeGuard Freedom Flex DB NY.

***Spousal Continuation*.** In the event of the Owner's death (or any Owner's death with joint Owners), the Beneficiary who is the Owner's spouse may elect to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>with</u> this GMWB – so long as Contract Value is greater than zero, and the Contract is still in the accumulation phase. (The date the spousal Beneficiary's election to continue the Contract is in Good Order is called the Continuation Date.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Upon the Owner's death, the For Life Guarantee is void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The GWB is only payable while there is value to it (until depleted).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The GWB adjustment provision is void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Step-ups will continue as permitted in accordance with the step-up rules above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Contract Anniversaries will continue to be based on the Contract's Issue Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the GAWA percentage has not yet been determined, the GAWA percentage will be based on the original Designated Life's attained age on the continuation date (as if that person survived to that date). The GAWA percentage will not change on future step-ups.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The Latest Income Date is based on the age of the surviving spouse. Please refer to "Annuitization" subsection below for information regarding the availability of the "Specified Period Income of the GAWA" option if the GWB has been continued by a spousal Beneficiary upon the death of the original Owner.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>without</u> this GMWB (GMWB is terminated).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Add this GMWB to the Contract on any Contract Anniversary after the Continuation Date, subject to the Beneficiary's eligibility – <u>if the spousal Beneficiary terminated the GMWB in continuing the Contract</u>.

For more information about spousal continuation of a Contract, please see "Spousal Continuation Option" beginning on page [126](#i6a8c7a642b0f405da7cd588a87395385_259)**.**

***Termination.*** This GMWB terminates subject to a prorated GMWB Charge assessed for the period since the last monthly charge and all benefits cease on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Income Date;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of total withdrawal of Contract Value;

In taking a total withdrawal of your Contract Value, you will receive the Contract Value less any applicable charges and adjustments and not the GWB or the GAWA you would have received under this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of the Owner's death (or any Owner's death with joint Owners), <u>unless</u> the Beneficiary who is the Owner's spouse elects to continue the Contract with the GMWB;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Continuation Date if the spousal Beneficiary elects to continue the Contract without the GMWB; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date all obligations for payment under this GMWB are satisfied after the Contract has terminated pursuant to the termination provisions of the Contract.

This GMWB may not otherwise be terminated independently from termination of the Contract.

***Annuitization.***

***Life Income of GAWA.*** On the Latest Income Date if the For Life Guarantee is in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. This income option provides payments in a fixed dollar amount for the lifetime of the Owner (or, with joint Owners, the lifetime of the joint Owner who dies first). The total annual amount payable will equal the GAWA in effect at the time of election of this option. This annualized amount will be paid in the frequency (no less frequently than annually) that the Owner selects. No further annuity payments are payable after the death of the Owner (or any Owner's death with joint Owners), and there is no provision for a death benefit payable to the Beneficiary. Therefore, it is possible for only one annuity payment to be made under this Income Option if the Owner dies before the due date of the second payment.

If the GAWA percentage has not yet been determined, the GAWA percentage will be based on the Designated Life's attained age at the time of election of this option. The GAWA percentage will not change after election of this option.

***Specified Period Income of the GAWA.*** On the Latest Income Date if the For Life Guarantee is *not* in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. **(This income option only applies if the GMWB has been continued by the spousal Beneficiary upon the death of the original Owner, in which case the spouse becomes the Owner of the Contract and the Latest Income Date is based on the age of the spouse.)**

This income option provides payments in a fixed dollar amount for a specific number of years. The actual number of years that payments will be made is determined on the calculation date by dividing the GWB by the GAWA. Upon each payment, the GWB will be reduced by the payment amount, and no payments will be made in excess of the remaining GWB. The annual amount payable will equal the GAWA, except that the last payment may be a smaller amount equal to the then-remaining GWB. This annualized amount will be paid over the specific number of years in the frequency (no less frequently than annually) that the Owner selects. If the Owner should die before the payments have been completed, the remaining payments will be made to the Beneficiary, as scheduled.

The "Specified Period Income of the GAWA" income option may not be available if the Contract is issued as a tax qualified Contract under Sections 401, 403, 408 or 457 of the Internal Revenue Code. For such Contracts, this income option will only be available if the guaranteed period is less than the life expectancy of the spouse at the time the option becomes effective.

***See "Guaranteed Minimum Withdrawal Benefit General Considerations" and "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [45](#i6a8c7a642b0f405da7cd588a87395385_184) for additional things to consider before electing a GMWB; when electing to annuitize your Contract after having purchased a GMWB; or when the Latest Income Date is approaching and you are thinking about electing or have elected a GMWB.***

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***Effect of GMWB on Tax Deferral*.** This GMWB may not be appropriate for Owners who have as a primary objective taking maximum advantage of the tax deferral that is available to them under an annuity contract to accumulate assets. Please consult your tax and financial advisors before adding this GMWB to a Contract.

***Bonus.*** The primary purpose of the bonus is to act as an incentive for you to defer taking withdrawals. A bonus equal to a percentage of the Bonus Base (defined below) will be applied to the GWB at the end of each Contract Year within the Bonus Period (also defined below) if no withdrawals are taken during that Contract Year. The current Bonus percentage options are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical Bonus percentage options, please see "Appendix G (Historical Add-On Benefit Rates)." The percentage that actually applies under your GMWB is the one that is included as the bonus rate in the combination of Options that you elect. The bonus enables the GWB and GAWA to increase in a given Contract Year (even during a down market relative to your Contract Value allocated to the Investment Divisions). The increase, however, may not equal the amount that your Contract Value has declined. This description of the bonus feature is supplemented by the examples in Appendix D under section "III. LifeGuard Freedom Flex", particularly example 10. The box below has more information about the bonus, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• How the bonus is calculated;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• What happens to the Bonus Base (and bonus) with a withdrawal, Premium payment, and any step-up;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For how long the bonus is available; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• When and what happens when the bonus is applied to the GWB.

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| | | |
|:---|:---|:---|
| The bonus equals a percentage of the Bonus Base, determined by your Bonus option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  | The bonus equals a percentage of the Bonus Base, determined by your Bonus option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  | The bonus equals a percentage of the Bonus Base, determined by your Bonus option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  |
| ● | <u>When this GMWB is added to the Contract</u>, the Bonus Base equals the GWB. | <u>When this GMWB is added to the Contract</u>, the Bonus Base equals the GWB. |
| ● | <u>With a withdrawal</u>, if that withdrawal, and all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA and the RMD, as applicable, then the Bonus Base is set to the lesser of the GWB after, and the Bonus Base before, the withdrawal. Otherwise, there is no adjustment to the Bonus Base with withdrawals. | <u>With a withdrawal</u>, if that withdrawal, and all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA and the RMD, as applicable, then the Bonus Base is set to the lesser of the GWB after, and the Bonus Base before, the withdrawal. Otherwise, there is no adjustment to the Bonus Base with withdrawals. |
|  | ○ | All withdrawals count, including: automatic withdrawals; RMDs for certain tax-qualified Contracts; withdrawals of asset allocation and advisory fees; and free withdrawals under the Contract. |
|  | ○ | A withdrawal in a Contract Year during the Bonus Period (defined below) precludes a bonus for that Contract Year. |
| ● | <u>With a Premium payment</u>, the Bonus Base increases by the amount of the Premium payment net of any applicable Premium taxes. | <u>With a Premium payment</u>, the Bonus Base increases by the amount of the Premium payment net of any applicable Premium taxes. |
| ● | <u>With any step-up</u> **(if the GWB increases upon step-up)**, the Bonus Base is set to the greater of the GWB after, and the Bonus Base before, the step-up.  | <u>With any step-up</u> **(if the GWB increases upon step-up)**, the Bonus Base is set to the greater of the GWB after, and the Bonus Base before, the step-up.  |
| **The Bonus Base can never be more than $10 million.** | **The Bonus Base can never be more than $10 million.** | **The Bonus Base can never be more than $10 million.** |
| The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: | The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: | The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: |
| ● | The GWB is recalculated, increasing by a percentage of the Bonus Base, determined by your Bonus option election. | The GWB is recalculated, increasing by a percentage of the Bonus Base, determined by your Bonus option election. |
| ● | If the Bonus is applied after the first withdrawal (in a prior year), the GAWA is then recalculated, equaling the greater of the GAWA percentage multiplied by the new GWB or the GAWA before the bonus. | If the Bonus is applied after the first withdrawal (in a prior year), the GAWA is then recalculated, equaling the greater of the GAWA percentage multiplied by the new GWB or the GAWA before the bonus. |

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| | |
|:---|:---|
| Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. | Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. |
| The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.) <br>The Bonus Period ends on the earlier of:  | The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.) <br>The Bonus Period ends on the earlier of:  |
| ● | The tenth Contract Anniversary following (1) the effective date of the endorsement or (2) the most recent increase to the Bonus Base due to a step-up, if later; or |
| ● | The date the Contract Value is zero. |
| The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up Such a restart, however, will not reinstate any bonus that would have been credited on a prior date that was not within a Bonus Period. | The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up Such a restart, however, will not reinstate any bonus that would have been credited on a prior date that was not within a Bonus Period. |
| The purpose of the re-start provision is to extend the period of time over which the Owner is eligible to receive a bonus. For example, assume this GMWB is added to a Contract on December 1, 2023. At that time, the bonus period is scheduled to expire on December 1, 2033 (which is the tenth Contract Anniversary following the effective date of the endorsement). If a step-up increasing the Bonus Base occurs on the third Contract Anniversary following the effective date of the endorsement (December 1, 2026), and the Designated Life is younger than age 80, the Bonus Period will re-start and will be scheduled to expire on December 1, 2036. Further, assuming that the next Bonus Base increase due to a step-up does not occur until December 1, 2038 (which is two years after the Bonus Period in this example expired) and that the Designated Life is still younger than age 80 at that time, the Bonus Period would re-start on December 1, 2038, and would be scheduled to expire on December 1, 2048. (Please also see Examples 6 and 7 in Appendix D under section "III. LifeGuard Freedom Flex" for more information regarding the re-start provision.) | The purpose of the re-start provision is to extend the period of time over which the Owner is eligible to receive a bonus. For example, assume this GMWB is added to a Contract on December 1, 2023. At that time, the bonus period is scheduled to expire on December 1, 2033 (which is the tenth Contract Anniversary following the effective date of the endorsement). If a step-up increasing the Bonus Base occurs on the third Contract Anniversary following the effective date of the endorsement (December 1, 2026), and the Designated Life is younger than age 80, the Bonus Period will re-start and will be scheduled to expire on December 1, 2036. Further, assuming that the next Bonus Base increase due to a step-up does not occur until December 1, 2038 (which is two years after the Bonus Period in this example expired) and that the Designated Life is still younger than age 80 at that time, the Bonus Period would re-start on December 1, 2038, and would be scheduled to expire on December 1, 2048. (Please also see Examples 6 and 7 in Appendix D under section "III. LifeGuard Freedom Flex" for more information regarding the re-start provision.) |
| Spousal continuation of a Contract with this GMWB does not affect the Bonus Period; Contract Anniversaries are based on the Contract's Issue Date. | Spousal continuation of a Contract with this GMWB does not affect the Bonus Period; Contract Anniversaries are based on the Contract's Issue Date. |

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**LifeGuard Freedom Flex with Joint Option GMWB.** 

*The description of this GMWB is supplemented by the examples in Appendix D under section "III. LifeGuard Freedom Flex", particularly example 2 for the varying benefit percentage, examples 6 and 7 for the step-ups, example 12 for the For Life guarantees and example 13 for the guaranteed withdrawal balance adjustment.* 

**Except as otherwise discussed below, the election of this GMWB under a non-tax-qualified contract requires the joint Owners to be spouses (as defined under the Internal Revenue Code) and each joint Owner is considered to be a "Covered Life."** In such cases, the Owners can be subsequently changed, but the Covered Lives cannot be changed. Upon the death of either joint Owner, the surviving joint Owner will be treated as the primary Beneficiary and all other Beneficiaries will be treated as contingent Beneficiaries. The For Life Guarantee will not apply to these contingent Beneficiaries, as they are not Covered Lives.

This GMWB is available on a limited basis under non-qualified Contracts for certain kinds of legal entities, such as (i) custodial accounts where the spouses are the joint Annuitants and (ii) trusts where the spouses are the sole beneficial owners and joint Annuitants. In these cases, the spouses are the Covered Lives, and the For Life Guarantee is based on the Annuitant's life who dies last. The Owners can be subsequently changed but no changes of Annuitant are allowed.

**Tax-qualified Contracts cannot be issued to joint Owners and require the Owner and Annuitant to be the same person. Under a tax-qualified Contract, the election of this GMWB requires the Owner and primary Beneficiary to be spouses (as defined in the Internal Revenue Code). The Owner and only the primary spousal Beneficiary named at the election of this GMWB under a tax-qualified Contract will also each be considered a Covered Life, and these Covered Lives cannot be subsequently changed.**

In certain circumstances we may permit the elimination of a joint Owner Covered Life or primary spousal Beneficiary Covered life in the event of divorce. In such cases, new Covered Lives may not be named.

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For tax-qualified Contracts, the primary spousal Beneficiary cannot be changed while both the Owner and primary spousal Beneficiary are living. If the Owner dies first, the primary spousal Beneficiary will become the Owner upon spousal continuation and he or she may name a Beneficiary; however, that Beneficiary is not considered a Covered Life. Likewise, if the primary spousal Beneficiary dies first, the Owner may name a new Beneficiary; however, that Beneficiary is also not considered a Covered Life and consequently the For Life Guarantee will not apply to the new Beneficiary.

This GMWB is also available on a limited basis under Qualified Custodial Account Contracts, pursuant to which the Annuitant and a Contingent Annuitant named at election of the GMWB must be spouses and will be the Covered Lives. The only changes in these arrangements that we permit are that (i) the custodial owner may be changed or (ii) the ownership of the Contract may be transferred to the Annuitant if, at the same time as that transfer, the Contingent Annuitant is designated as the primary (spousal) Beneficiary.

For both non-qualified and tax-qualified Contracts, this GMWB guarantees partial withdrawals during the Contract's accumulation phase (i.e., before the Income Date) subject to the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This guarantee lasts for the duration of the life of the last surviving Covered Life (the "For Life Guarantee") if the For Life Guarantee is in effect.

The For Life Guarantee becomes effective on the Contract Anniversary on or immediately following the Designated Life attaining the age of 59½. For purposes of this GMWB, the Designated Life is the youngest Covered Life. If the Designated Life is 59½ years old or older on the endorsement's effective date, then the For Life Guarantee is effective when this GMWB is added to the Contract.

**If the For Life Guarantee is in effect, it will be terminated if a withdrawal exceeds the permissible amounts and reduces the Contract Value to zero.** (Please see the "Contract Value is Zero" subsection below to understand what happens when the Contract Value is reduced to zero.) Otherwise, the For Life Guarantee remains effective until the date this GMWB endorsement is terminated or until the Continuation Date on which a spousal Beneficiary who is not a Covered Life continues this GMWB endorsement under spousal continuation. Please see the "Termination" subsection below to understand under what conditions this GMWB endorsement and, accordingly, the For Life Guarantee can be terminated.

**In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee, and it will never become effective.** See "Contract Value is Zero" below for more information.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the For Life Guarantee is not in effect, the guarantee lasts until the earlier of (1) the death of the Owner or any joint Owner, (2) the death of the Annuitant on Qualified Custodial Account Contracts, or (2) the date Guaranteed Withdrawal Balance (GWB) is depleted, without regard to Contract Value.

The GWB is the guaranteed amount available for future periodic withdrawals.

Upon the death, of the Owner or joint Owner, a spousal Beneficiary who is not a Covered Life may continue this GMWB endorsement under spousal continuation. In that event, the GWB is payable until depleted. (Please see the "Spousal Continuation" subsection below for more information.) **If the Beneficiary is a non-spousal Beneficiary, the GWB is void and this endorsement is terminated; therefore, the death of the Owner or joint Owner may have a significant negative impact on the value of this GMWB endorsement and cause the endorsement to prematurely terminate.**

**Because of the For Life Guarantee, your withdrawals could amount to more than the GWB. But PLEASE NOTE: The guarantees of this GMWB are subject to the endorsement's terms, conditions, and limitations that are explained below.**

Please consult the financial professional who is helping, or who helped, you purchase your Contract to be sure that this GMWB and the combination of Options you ultimately choose suit your needs and are consistent with your expectations.

This GMWB is available to Covered Lives 35 to 80 years old (proof of age is required and both Covered Lives must be within the eligible age range). This GMWB may be added to a Contract on the Issue Date or on any Contract Anniversary; and cannot be

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canceled except by a spousal Beneficiary who is not a Covered Life, who, upon the Owner's death, may elect to continue the Contract without the GMWB. To continue Joint GMWB coverage upon the death of the Owner (or the death of either joint Owner of a non-qualified Contract), provided that the other Covered Life is still living, the Contract must be continued by election of spousal continuation. Upon continuation, the spouse becomes the Owner and obtains all rights as the Owner. If you are eligible to elect this GMWB after the Contract Issue Date on a Contract Anniversary (subject to availability), we must receive a request in Good Order within 30 calendar days prior to the Contract Anniversary.

**This GMWB is <u>not</u> available on a Contract that already has a GMWB (only one GMWB per Contract).** Availability of this GMWB may be subject to further limitation. There is a limit on withdrawals each Contract Year to keep the guarantees of this GMWB in full effect – the greater of the Guaranteed Annual Withdrawal Amount (GAWA) and for certain tax-qualified Contracts, the required minimum distribution (RMD) under the Internal Revenue Code. Withdrawals exceeding the limit do not invalidate the For Life Guarantee, but cause the GWB and GAWA to be recalculated. Please see ***Guaranteed Withdrawal Balance (***"***GWB***"***)*** and "***Withdrawals***" below for more information about the GWB and GAWA.

***Guaranteed Withdrawal Balance (***"***GWB***"***).*** The GWB is established for the sole purpose of determining the minimum withdrawal benefit and is not used in calculating your Contract Value or other guaranteed benefits. The GWB depends on when this GMWB is added to the Contract, and the GAWA derives from the GWB for all combinations of Options.

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –** | &nbsp;&nbsp;The **GWB** equals initial Premium net of any applicable Premium taxes. |
| **<u>When this GMWB is added to the Contract on the Issue Date</u> –** | The **GAWA** is determined based on the Designated Life's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the partial withdrawal. See the GAWA percentage table below. |

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| | |
|:---|:---|
| **<u>When this GMWB is added to the Contract on any Contract Anniversary, subject to availability</u> –** | &nbsp;&nbsp;The **GWB** equals Contract Value.  |
| **<u>When this GMWB is added to the Contract on any Contract Anniversary, subject to availability</u> –** | The **GAWA** is determined based on the Designated Life's attained age at the time of first withdrawal and equals the GAWA percentage multiplied by the GWB prior to the partial withdrawal. See the GAWA percentage table below. |

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**The GWB can never be more than $10 million** (including upon step-up, the application of a GWB adjustment or the application of any Bonus), and the GWB is reduced by each withdrawal.

**PLEASE NOTE:** Upon the Owner's death, the For Life Guarantee is void unless this GMWB is continued by a spousal Beneficiary who is a Covered Life. However, it is possible for this GMWB to be continued without the For Life Guarantee by a spousal Beneficiary who is not a Covered Life. Please see the "Spousal Continuation" subsection below for more information.

***Withdrawals.*** The GAWA percentage and the GAWA are determined at the time of the first withdrawal. The GAWA is equal to the GAWA percentage multiplied by the GWB prior to the partial withdrawal. The GAWA percentage varies according to age group and selected Income Stream Level, and is determined based on the Designated Life's attained age at the time of the first withdrawal. (Elsewhere in this prospectus we refer to this varying GAWA percentage structure as the "varying benefit percentage".)

There are two different Income Stream Levels available, each of which provide different sets of GAWA percentages with different associated charges. The applicable GAWA percentages are disclosed in GAWA% tables, listed from the table offering the highest GAWA percentages for each age group (Income Stream Max GAWA% Table) to the table offering the lowest GAWA percentages for each age group (Income Stream Value GAWA% Table). The current GAWA% Tables are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. We reserve the right to prospectively restrict the availability of the GAWA% tables. Therefore, not all GAWA% tables may be available at the time you are interested in electing this GMWB. Please contact your financial professional, or contact us at our Jackson of NY Customer Care Center, for information regarding the current availability of the GAWA% tables.

We reserve the right to prospectively change the GAWA percentages, including the age bands, on new GMWB endorsements. The current GAWA percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy of the current Rate Sheet Prospectus Supplement, please visit <u>www.jackson.com/product-literature-4.html</u>. Please see "Appendix G (Historical Add-On Benefit Rates)" to view historical GAWA percentages. If we change the GAWA percentages, we will follow these procedures:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• When we issue your Contract we will deliver a copy of the prospectus that includes the notice of change of GAWA percentages in the form of a Rate Sheet Prospectus Supplement to you. You will have until the end of the Free Look period

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to cancel your Contract and this GMWB by returning the Contract to us pursuant to the provisions of the Free Look section (please see "Free Look" on page [132](#i6a8c7a642b0f405da7cd588a87395385_343)).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If you are an existing Owner and are eligible to elect this GMWB after the Issue Date, at the time we change the GAWA percentages we will send you the notice of change of GAWA percentages in the form of a Rate Sheet Prospectus Supplement. If you later elect this GMWB, when we receive your election, we will send you the required endorsement with a duplicate notice of change of GAWA percentages. You will have 30 days after receiving the notice to cancel your election of this GMWB by returning the endorsement to us.

In each case, the actual GAWA percentages will be reflected in your Contract endorsement.

In connection with a change of GAWA percentages, as described above, we may continue to offer the existing GAWA percentages, in effect prior to the change, as an Optional GAWA% table at an increased charge. The increased charge for any combination of options under the Freedom Flex GMWB will not be greater than the maximum annual charges shown in the charge tables, which in no event exceed 3.00%. For the charges for each GMWB, please see the section for the applicable GMWB appearing under "Contract Charges" beginning on page [24](#i6a8c7a642b0f405da7cd588a87395385_64). Also, please see the *"Optional Benefit Charges"* table under the "FEES AND EXPENSES TABLES" beginning on page [10](#i09b2a041f76c479db55034edb2cfb182_0-0-1-1-160685). The Optional GAWA% table will maintain the GAWA percentages for each age group that were available before the change as reflected in the Rate Sheet Prospectus Supplement that was applicable at the time you purchased your Contract. If we offer the Optional GAWA% table, the notice of change in the form of a prospectus supplement, that will be delivered to you, will describe both the change to the GAWA percentages, and the Optional GAWA% table and related charges. We reserve the right to prospectively change the GAWA percentages in the Optional GAWA% table, including the age bands, on new GMWB endorsements subject to the notices and procedures described above.

Withdrawals cause the GWB to be recalculated. Withdrawals will also cause the GAWA to be recalculated if the withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the GAWA, or for certain tax-qualified Contracts only, the RMD (if greater than the GAWA). In such case, the recalculation of the GAWA will occur whether or not the For Life Guarantee is in effect. If the GWB is less than the GAWA at the end of any Contract Year and the For Life Guarantee is not in effect, the GAWA will be set equal to the GWB. This may occur, when over time, payment of the guaranteed withdrawals is nearly complete, the For Life Guarantee is not in effect and the GWB has been depleted to a level below the GAWA. The tables below clarify what happens in each instance. (RMD denotes the required minimum distribution under the Internal Revenue Code for certain tax-qualified Contracts only. There is no RMD for non-qualified Contracts.) In addition, if the For Life Guarantee is not yet in effect, withdrawals that cause the Contract Value to reduce to zero void the For Life Guarantee and it will never become effective. See "Contract Value is Zero" below for more information.

For certain tax-qualified Contracts, this GMWB allows withdrawals greater than GAWA to meet the Contract's RMD without compromising the endorsement's guarantees. Examples 6, 7 and 9 in Appendix D under section "III. LifeGuard Freedom Flex" supplement this description. Because the intervals for the GAWA and RMDs are different, namely Contract Years versus calendar years, and because RMDs are subject to other conditions and limitations, if your Contract is a tax-qualified Contract, then please see "RMD NOTES" under "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" on page [46](#i6a8c7a642b0f405da7cd588a87395385_187), for more information.

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | The GWB before the withdrawal less the withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The **GAWA** is unchanged. | The **GAWA** is unchanged. | The **GAWA** is unchanged. |

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The GAWA is **<u>not</u>** reduced if all withdrawals during any one Contract Year do not exceed the greater of the GAWA or RMD, as applicable. The GAWA will be reduced at the end of a Contract Year to equal the GWB if the For Life Guarantee is not in effect and the GWB is nearly depleted, resulting in a GWB that is less than the GAWA. You may withdraw the greater of the GAWA or RMD, as applicable, all at once or throughout the Contract Year. Withdrawing less than the greater of the GAWA or RMD, as applicable, in a Contract Year does not entitle you to withdraw more than the greater of the GAWA or RMD, as applicable, in the next Contract Year. The amount you may withdraw each Contract Year and not cause the GWB and GAWA to be recalculated does not accumulate.

Withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year causes the GWB and GAWA to be recalculated (see below and Example 5 in Appendix D under section "III. LifeGuard Freedom Flex"). **In recalculating the GWB, the GWB could be reduced by more than the withdrawal amount. The GAWA will also be reduced. Therefore, please note that withdrawing more than the greater of the GAWA or RMD, as applicable, in a Contract Year may have a significantly negative impact on the value of this benefit.**

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The GWB prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see below), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | Zero. |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: | The **GAWA** is recalculated as follows: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The GAWA prior to the partial withdrawal is reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal. |

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The Excess Withdrawal is defined to be the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The total amount of the current partial withdrawal, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount by which the cumulative partial withdrawals for the current Contract Year exceeds the greater of the GAWA or the RMD, as applicable.

Withdrawals under this GMWB are assumed to be the total amount deducted from the Contract Value, including any withdrawal charges, asset allocation fees, and other charges or adjustments. Any withdrawals from Contract Value allocated to a Fixed Account Option may be subject to a Market Value Adjustment. For more information, please see "THE FIXED ACCOUNT" beginning on page [15](#i6a8c7a642b0f405da7cd588a87395385_46). Withdrawals in excess of free withdrawals may be subject to a withdrawal charge.

Withdrawals under this GMWB are considered the same as any other partial withdrawals for the purposes of calculating any other values under the Contract and any other endorsements (for example, the Contract's death benefit). All withdrawals count toward the total amount withdrawn in a Contract Year, including automatic withdrawals, RMDs for certain tax-qualified Contracts, withdrawals of asset allocation and advisory fees, and free withdrawals under the Contract. They are subject to the same restrictions and processing rules as described in the Contract. They are also treated the same for federal income tax purposes. For more information about tax-qualified and non-qualified Contracts, please see "TAXES" beginning on page [127](#i6a8c7a642b0f405da7cd588a87395385_271).

If the age of any Covered Life is incorrectly stated at the time of election of the GMWB, on the date the misstatement is discovered, the GWB and the GAWA will be recalculated based on the GAWA percentage applicable at the correct age. Any future GAWA percentage recalculation will be based on the correct age. If the age at election of either Covered Life falls outside the allowable age range, the GMWB will be null and void and all GMWB charges will be refunded.

Withdrawals made under section 72(t) or section 72(q) of the Code are **<u>not</u>** considered RMDs for purposes of preserving the guarantees under this GMWB. Such withdrawals that exceed the GAWA will have the same effect as any withdrawal or excess withdrawal as described above and, consistent with that description, may cause a significant negative impact to your benefit.

***Guaranteed Withdrawal Balance Adjustment.*** If no withdrawals are taken from the Contract on or prior to the GWB Adjustment Date (as defined below), then you will receive a GWB adjustment. Tax-qualified plan Contract Owners should consider the impact of Required Minimum Distributions on this benefit since any withdrawal from the Contract will void the GWB adjustment.

The GWB Adjustment Date is the later of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Contract Anniversary on or immediately following the Designated Life's 70<sup>th</sup> (71<sup>st</sup> for GMWBs issued before August 10, 2020) birthday, *<u>Or</u>*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The 12<sup>th</sup> Contract Anniversary following the effective date of this endorsement.

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The GWB adjustment is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• On the effective date of this endorsement, the GWB adjustment is equal to a percentage of the GWB, subject to a maximum of $10 million. The GWB adjustment percentage varies depending on which Bonus option is elected. Current GWB adjustment percentages are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For list of historical GWB adjustment percentages, please see "Appendix G (Historical Add-On Benefit Rates)." For more information about the available Bonus options, please see "*Bonus*" below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received after this GMWB is effective and prior to the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the applicable GWB adjustment percentage of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10 million. (See Example 3 in Appendix D under section "III. LifeGuard Freedom Flex".)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• With each subsequent Premium received on or after the first Contract Anniversary following this GMWB's effective date, the GWB adjustment is recalculated to equal the GWB adjustment prior to the Premium payment plus the amount of the Premium payment, net of any applicable Premium taxes, subject to a maximum of $10 million. (See Example 3 in Appendix D under section "III. LifeGuard Freedom Flex".)

If no partial withdrawals are taken on or prior to the GWB Adjustment Date, the GWB will be re-set on that date to equal the greater of the current GWB or the GWB adjustment. No adjustments are made to the Bonus Base. Once the GWB is re-set, this GWB adjustment provision terminates. **In addition, if a withdrawal is taken on or before the GWB Adjustment Date, this GWB adjustment provision terminates without value**. (Please see example 13 in Appendix D under section "III. LifeGuard Freedom Flex" for an illustration of this GWB adjustment provision.)

***Premiums.***

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| | | | |
|:---|:---|:---|:---|
| **<u>With each subsequent Premium payment on the Contract</u> –** | &nbsp;&nbsp;The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | &nbsp;&nbsp;The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  | &nbsp;&nbsp;The **GWB** is recalculated, increasing by the amount of the Premium net of any applicable Premium taxes.  |
| **<u>With each subsequent Premium payment on the Contract</u> –** | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: | If the Premium payment is received after the first withdrawal, the **GAWA** is also recalculated, increasing by: |
| **<u>With each subsequent Premium payment on the Contract</u> –** | | ● | The GAWA percentage multiplied by the sum of i) the subsequent Premium payment net of any applicable Premium taxes; *<u>Or</u>* |
| **<u>With each subsequent Premium payment on the Contract</u> –** | | ● | The GAWA percentage multiplied by the increase in the GWB – <u>if the maximum GWB is hit</u>. |

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We require prior approval for a subsequent Premium payment that would result in your Contract having $1 million of Premiums in the aggregate. We also reserve the right to refuse subsequent Premium payments. **The GWB can never be more than $10 million.** See Examples 4b and 5b in Appendix D under section "III. LifeGuard Freedom Flex" to see how the GWB is recalculated when the $10 million maximum is hit.

***Step-up.*** On each Contract Anniversary following the effective date of this GMWB, if the Contract Value is greater than the GWB, the GWB will be automatically re-set to the Contract Value by one of two calculation methods, which must be selected by you at issue and once selected cannot be changed. Under one method, the GWB will be reset to the Contract Value on that Contract Anniversary (the "Contract Anniversary Value") for the applicable Bonus Options. Under the other method, the GWB will be reset annually on each Contract Anniversary to the highest quarterly Contract Value, as described immediately below for the applicable Bonus Options ("Highest Quarterly Contract Value"). (See Examples 6 and 7 in Appendix D under section "III. LifeGuard Freedom Flex".) For more information about available Bonus options, please see "*Bonus*" below.

The Contract Anniversary Value method, as opposed to the Highest Quarterly Contract Value method, is determined solely by reference to and use of the Contract Value on that Contract Anniversary.

The Highest Quarterly Contract Value is determined by reference to and use of the Contract Value on the highest of the four prior Contract Quarterly Anniversaries as follows:

The Highest Quarterly Contract Value is equal to the highest of the quarterly adjusted Contract Values from the four most recent Contract Quarterly Anniversaries, including the Contract Anniversary upon which the step-up is determined. The quarterly adjusted

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Contract Value is equal to the Contract Value on the Contract Quarterly Anniversary, plus any Premium paid subsequent to that Contract Quarterly Anniversary, net of any applicable Premium taxes, and adjusted for any partial withdrawals taken subsequent to that Contract Quarterly Anniversary.

Partial withdrawals will affect the quarterly adjusted Contract Value as follows:

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, reduced by the partial withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, is less than or equal to the greater of the GAWA or RMD, as applicable</u> –** | | ● | Zero. |

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| | | | |
|:---|:---|:---|:---|
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: | The quarterly adjusted Contract Value is equal to the greater of: |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | The quarterly adjusted Contract Value prior to the partial withdrawal, first reduced dollar-for-dollar for any portion of the partial withdrawal not defined as an Excess Withdrawal (see above), then reduced in the same proportion that the Contract Value is reduced by the Excess Withdrawal; *<u>Or</u>* |
| **<u>When a withdrawal, plus all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA or RMD, as applicable</u>** – | | ● | Zero. |

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| | | |
|:---|:---|:---|
| **<u>With a Step-up</u> –** | The **GWB** equals the Contract Value, as determined based on the Contract Anniversary Value or the Highest Quarterly Contract Value, **subject to a $10 million maximum**. | The **GWB** equals the Contract Value, as determined based on the Contract Anniversary Value or the Highest Quarterly Contract Value, **subject to a $10 million maximum**. |
| **<u>With a Step-up</u> –** | ● | The GAWA percentage will not be recalculated upon step-ups following spousal continuation if the spouse electing spousal continuation is not a Covered Life. |
| **<u>With a Step-up</u> –** | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: | For all Contracts to which this GMWB is added, if the step-up occurs after the first withdrawal, the **GAWA** is recalculated, equaling the greater of: |
| **<u>With a Step-up</u> –** | ● | The GAWA percentage (as adjusted by any increase that occurs pursuant to the same step-up) multiplied by the new GWB, *<u>Or</u>* |
| **<u>With a Step-up</u> –** | ● | The GAWA prior to step-up. |

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**PLEASE NOTE: Withdrawals from the Contract reduce the GWB and Contract Value.**

**The GWB can never be more than $10 million with a step-up.** Upon step-up, the applicable GMWB charge will be reflected in your confirmation.

***GMWB Charge Increase.* On each fifth Contract Anniversary, the GMWB charge may be increased.** You will be notified in advance of a GMWB Charge increase and may elect to opt out of the charge increase and any future charge increases by forfeiting the GWB bonus provision, automatic step-up provision, GWB adjustment, and any other increases to the GWB and GAWA. Such election must be received in Good Order prior to the Contract Anniversary. **Upon such election, no future Premiums will be allowed and the GAWA% will be determined with no future recalculation.** While electing to discontinue these provisions will prevent an increase in charge, you will be foregoing possible increases in your GWB and/or GAWA so carefully consider this decision should we notify you of a charge increase. Such election is final, and you may not subsequently elect to reinstate these provisions once they have been discontinued. All requests will be effective on the Contract Anniversary following receipt of the request in Good Order. For more information, please see LifeGuard Freedom Flex With Joint Option GMWB Charge".

***Owner's Death.*** The Contract's death benefit is not affected by this GMWB <u>so long as Contract Value is greater than zero and the Contract is still in the accumulation phase</u>. Upon the death of the sole Owner of a qualified Contract or the death of either joint Owner of a non-qualified Contract while the Contract is still in force, this GMWB terminates without value, unless continued by the surviving spouse. Please see the information at the beginning of this GMWB Section regarding the required ownership and beneficiary structure under both qualified and non-qualified Contracts when selecting this GMWB.

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***Contract Value Is Zero*.** With this GMWB, in the event the Contract Value is zero, the Owner will receive annual payments of the GAWA until the death of the last surviving Covered Life, <u>so long as the For Life Guarantee is in effect</u> and the Contract is still in the accumulation phase. If the For Life Guarantee is not in effect, the Owner will receive annual payments of the GAWA until the earlier of the death of the Owner (or the death of any joint Owner) or the date the GWB, if any, is depleted, so long as the Contract is still in the accumulation phase. The last payment will not exceed the remaining GWB at the time of payment. If the GAWA percentage has not yet been determined, it will be set at the GAWA percentage corresponding to the Designated Life's attained age at the time the Contract Value falls to zero and the GAWA will be equal to the GAWA percentage multiplied to the GWB.

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| | | | |
|:---|:---|:---|:---|
| **<u>After each payment when the Contract Value is zero</u> –** | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: | The **GWB** is recalculated, equaling the greater of: |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | The GWB before the payment less the payment; *<u>Or</u>* |
| **<u>After each payment when the Contract Value is zero</u> –** | | ● | Zero. |
| **<u>After each payment when the Contract Value is zero</u> –** | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. | The **GAWA** is unchanged. At the end of each Contract Year, if the GWB is less than the GAWA and the For Life Guarantee is not in effect, the GAWA is set equal to the GWB. |

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Subject to the Company's approval, you may elect to receive payments more frequently than annually. Upon death of the last surviving Covered Life, all rights under the Contract cease. No subsequent Premium payments will be accepted. All optional endorsements terminate without value and no death benefit is payable.

***Spousal Continuation*.** In the event of the Owner's (or either joint Owner's) death, the surviving sole spousal Beneficiary may elect to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>with</u> this GMWB – so long as Contract Value is greater than zero, and the Contract is still in the accumulation phase. (The date the spousal Beneficiary's election to continue the Contract is in Good Order is called the Continuation Date.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is a Covered Life, then the For Life Guarantee remains effective on and after the Continuation Date.

&nbsp;&nbsp;&nbsp;&nbsp;If the surviving spouse is not a Covered Life, the For Life Guarantee is null and void. However, the surviving spouse will be entitled to make withdrawals until the GWB is exhausted.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ For a surviving spouse who is a Covered Life, continuing the Contract with this GMWB is necessary to be able to fully realize the benefit of the For Life Guarantee. The For Life Guarantee is not a separate guarantee and only applies if the related GMWB has not terminated.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is a Covered Life and a GWB adjustment provision is in force on the Continuation Date then the provision will continue to apply in accordance with the applicable GWB adjustment provision rules above. The GWB Adjustment Date will continue to be based on the original effective date of the endorsement or the Designated Life's attained age, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;If the surviving spouse is not a Covered Life, any GWB adjustment is null and void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Step-ups will continue as permitted in accordance with the step-up rules above.

&nbsp;&nbsp;&nbsp;&nbsp;New GAWA percentages will continue to be determined in accordance with the step-up rules above if the continuing spouse is a Covered Life. No such new GAWA percentages will be determined subsequent to continuation by a spouse who is not a Covered Life.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ Contract Anniversaries will continue to be based on the Contract's Issue Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is a Covered Life, the GAWA percentage will continue to be calculated and/or recalculated based on the Designated Life's attained age.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ If the surviving spouse is not a Covered Life and if the GAWA percentage has not yet been determined, the GAWA percentage will be based on the Designated Life's attained age on the Continuation Date (as if that person survived to that date).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ The Latest Income Date is based on the age of the surviving spouse. Please refer to "Annuitization" subsection below for information regarding the additional Income Options available on the Latest Income Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;◦ A new joint Owner may not be added in a non-qualified Contract if a surviving spouse continues the Contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continue the Contract <u>without</u> this GMWB (GMWB is terminated) if the surviving spouse is not a Covered Life. Thereafter, no GMWB charge will be assessed. If the surviving spouse is a Covered Life, the Contract cannot be continued without this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Add this GMWB to the Contract on any Contract Anniversary after the Continuation Date, subject to the Beneficiary's eligibility - if the spousal Beneficiary terminated the GMWB in continuing the Contract.

For more information about spousal continuation of a Contract, please see "Spousal Continuation Option" beginning on page [126](#i6a8c7a642b0f405da7cd588a87395385_259).

***Termination.*** This GMWB terminates, subject to a prorated GMWB Charge assessed for the period since the last monthly charge, and all benefits cease on the earliest of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Income Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of total withdrawal of Contract Value;

In taking a total withdrawal of your Contract Value, you will receive the Contract Value less any applicable charges and adjustments and not the GWB or the GAWA you would have received under this GMWB.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date of death of the Owner (or any joint Owner), <u>unless</u> the Beneficiary who is the Owner's spouse elects to continue the Contract with the GMWB (continuing the Contract with this GMWB is necessary to be able to fully realize the benefit of the For Life Guarantee if the surviving spouse is a Covered Life);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Continuation Date on a Contract if the spousal Beneficiary, who is not a Covered Life, elects to continue the Contract without the GMWB; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The date all obligations for payment under this GMWB are satisfied after the Contract has terminated pursuant to the termination provisions of the Contract.

This GMWB may not otherwise be terminated independently from termination of the Contract.

***Annuitization*.** 

***Joint Life Income of GAWA.*** On the Latest Income Date if the For Life Guarantee is in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. This income option provides payments in a fixed dollar amount for the lifetime of last surviving Covered Life. The total annual amount payable will equal the GAWA in effect at the time of election of this option. This annualized amount will be paid in the frequency (no less frequently than annually) that the Owner selects. No further annuity payments are payable after the death of the last surviving Covered Life, and there is no provision for a death benefit payable to the Beneficiary. Therefore, it is possible for only one annuity payment to be made under this Income Option if both Covered Lives die before the due date of the second payment.

------

If the GAWA percentage has not yet been determined, the GAWA percentage will be based on the Designated Life's attained age at the time of election of this option. The GAWA percentage will not change after election of this option.

***Specified Period Income of the GAWA.*** On the Latest Income Date if the For Life Guarantee is *not* in effect, the Owner may choose this income option instead of one of the other income options listed in the Contract. **(This income option only applies if the GMWB has been continued by the spousal Beneficiary and the spousal Beneficiary is not a Covered Life in which case the spouse becomes the Owner of the Contract and the Latest Income Date is based on the age of the spouse.)**

This income option provides payments in a fixed dollar amount for a specific number of years. The actual number of years that payments will be made is determined on the calculation date by dividing the GWB by the GAWA. Upon each payment, the GWB will be reduced by the payment amount, and no payments will be made in excess of the remaining GWB. The annual amount payable will equal the GAWA, except that the last payment may be a smaller amount equal to the then-remaining GWB. This annualized amount will be paid over the specific number of years in the frequency (no less frequently than annually) that the Owner selects. If the Owner should die before the payments have been completed, the remaining payments will be made to the Beneficiary, as scheduled.

The "Specified Period Income of the GAWA" income option may not be available if the Contract is issued as a tax-qualified Contract under Sections 401, 403, 408 or 457 of the Internal Revenue Code. For such Contracts, this income option will only be available if the guaranteed period is less than the life expectancy of the spouse at the time the option becomes effective.

***See "Guaranteed Minimum Withdrawal Benefit General Considerations" and "Guaranteed Minimum Withdrawal Benefit Important Special Considerations" beginning on page [45](#i6a8c7a642b0f405da7cd588a87395385_184) for additional things to consider before electing a GMWB; when electing to annuitize your Contract after having purchased a GMWB; or when the Latest Income Date is approaching and you are thinking about electing or have elected a GMWB.***

***Effect of GMWB on Tax Deferral*.** This GMWB may not be appropriate for Owners who have as a primary objective taking maximum advantage of the tax deferral that is available to them under an annuity contract to accumulate assets. Please consult your tax and financial advisors before adding this GMWB to a Contract.

***Bonus.*** The primary purpose of the bonus is to act as an incentive for you to defer taking withdrawals. A bonus equal to a percentage of the Bonus Base (defined below) will be applied to the GWB at the end of each Contract Year within the Bonus Period (also defined below) if no withdrawals are taken during that Contract Year. The current Bonus percentage options are disclosed in a Rate Sheet Prospectus Supplement. To obtain a copy, please visit <u>www.jackson.com/product-literature-4.html</u>. For a list of historical Bonus percentage options, please see "Appendix G (Historical Add-On Benefit Rates)." The percentage that actually applies under your GMWB is the one that is included as the bonus rate in the combination of Options that you elect. The bonus enables the GWB and GAWA to increase in a given Contract Year (even during a down market relative to your Contract Value allocated to the Investment Divisions). The increase, however, may not equal the amount that your Contract Value has declined. This description of the bonus feature is supplemented by the examples in Appendix D under section "III. LifeGuard Freedom Flex", particularly example 10. The box below has more information about the bonus, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• How the bonus is calculated;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• What happens to the Bonus Base (and bonus) with a withdrawal, Premium payment, and any step-up;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For how long the bonus is available; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• When and what happens when the bonus is applied to the GWB.

---

| | | |
|:---|:---|:---|
| The bonus equals a percentage of the Bonus Base, determined by your Bonus option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  | The bonus equals a percentage of the Bonus Base, determined by your Bonus option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  | The bonus equals a percentage of the Bonus Base, determined by your Bonus option election. The Bonus Base may vary after this GMWB is added to the Contract, as described immediately below.  |
| | ● | <u>When this GMWB is added to the Contract</u>, the Bonus Base equals the GWB. |

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---

| | | |
|:---|:---|:---|
| ● | <u>With a withdrawal</u>, if that withdrawal, and all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA and the RMD, as applicable, then the Bonus Base is set to the lesser of the GWB after, and the Bonus Base before, the withdrawal. Otherwise, there is no adjustment to the Bonus Base with withdrawals. | <u>With a withdrawal</u>, if that withdrawal, and all prior withdrawals in the current Contract Year, exceeds the greater of the GAWA and the RMD, as applicable, then the Bonus Base is set to the lesser of the GWB after, and the Bonus Base before, the withdrawal. Otherwise, there is no adjustment to the Bonus Base with withdrawals. |
| | ○ | All withdrawals count, including: automatic withdrawals; RMDs for certain tax-qualified Contracts; withdrawals of asset allocation and advisory fees; and free withdrawals under the Contract. |
| | ○ | A withdrawal in a Contract Year during the Bonus Period (defined below) precludes a bonus for that Contract Year. |
| ● | <u>With a Premium payment</u>, the Bonus Base increases by the amount of the Premium payment net of any applicable Premium taxes. | <u>With a Premium payment</u>, the Bonus Base increases by the amount of the Premium payment net of any applicable Premium taxes. |
| ● | <u>With any step-up</u> **(if the GWB increases upon step-up)**, the Bonus Base is set to the greater of the GWB after, and the Bonus Base before, the step-up.  | <u>With any step-up</u> **(if the GWB increases upon step-up)**, the Bonus Base is set to the greater of the GWB after, and the Bonus Base before, the step-up.  |
| **The Bonus Base can never be more than $10 million.** | **The Bonus Base can never be more than $10 million.** | **The Bonus Base can never be more than $10 million.** |
| The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: | The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: | The bonus is applied at the end of each Contract Year during the Bonus Period, if there have been no withdrawals during that Contract Year. **Conversely, <u>any</u> withdrawal, including but not limited to automatic withdrawals and required minimum distributions, taken in a Contract Year during the Bonus Period causes the bonus <u>not</u> to be applied.**<br>When the bonus is applied: |
| ● | The GWB is recalculated, increasing by a percentage of the Bonus Base, determined by your Bonus option election. | The GWB is recalculated, increasing by a percentage of the Bonus Base, determined by your Bonus option election. |
| ● | If the Bonus is applied after the first withdrawal (in a prior year), the GAWA is then recalculated, equaling the greater of the GAWA percentage multiplied by the new GWB or the GAWA before the bonus. | If the Bonus is applied after the first withdrawal (in a prior year), the GAWA is then recalculated, equaling the greater of the GAWA percentage multiplied by the new GWB or the GAWA before the bonus. |
| Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. | Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. | Applying the bonus to the GWB does not affect the Bonus Base or GWB adjustment. |
| The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.)<br>The Bonus Period ends on the earlier of:  | The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.)<br>The Bonus Period ends on the earlier of:  | The Bonus is only available during the Bonus Period. The Bonus Period begins on the effective date of this GMWB endorsement. In addition, the Bonus Period will re-start at the time the Bonus Base increases due to a step-up so long as the step-up occurs on or before the Contract Anniversary immediately following the Designated Life's 80<sup>th</sup> birthday. (See example below.)<br>The Bonus Period ends on the earlier of:  |
| ● | The tenth Contract Anniversary following (1) the effective date of the endorsement or (2) the most recent increase to the Bonus Base due to a step-up, if later; or | The tenth Contract Anniversary following (1) the effective date of the endorsement or (2) the most recent increase to the Bonus Base due to a step-up, if later; or |
| ● | The date the Contract Value is zero. | The date the Contract Value is zero. |
| The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up. Such a restart, however, will not reinstate any bonus that would have been credited on a prior date that was not within a Bonus Period. | The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up. Such a restart, however, will not reinstate any bonus that would have been credited on a prior date that was not within a Bonus Period. | The Bonus Base will continue to be calculated even after the Bonus Period expires. Therefore, it is possible for the Bonus Period to expire and then re-start on a later Contract Anniversary if the Bonus Base increases due to a step-up. Such a restart, however, will not reinstate any bonus that would have been credited on a prior date that was not within a Bonus Period. |
| The purpose of the re-start provision is to extend the period of time over which the Owner is eligible to receive a bonus. For example, assume this GMWB was added to a Contract on December 1, 2023. At that time, the bonus period is scheduled to expire on December 1, 2033 (which is the tenth Contract Anniversary following the effective date of the endorsement). If a step-up increasing the Bonus Base occurs on the third Contract Anniversary following the effective date of the endorsement (December 1, 2026), and the Designated Life is younger than age 80, the Bonus Period will re-start and will be scheduled to expire on December 1, 2036. Further, assuming that the next Bonus Base increase due to a step-up does not occur until December 1, 2038 (which is two years after the Bonus Period in this example expired) and that the Designated Life is still younger than age 80 at that time, the Bonus Period would re-start on December 1, 2038, and would be scheduled to expire on December 1, 2048. (Please also see Examples 6 and 7 in Appendix D under section "III. LifeGuard Freedom Flex" for more information regarding the re-start provision.) | The purpose of the re-start provision is to extend the period of time over which the Owner is eligible to receive a bonus. For example, assume this GMWB was added to a Contract on December 1, 2023. At that time, the bonus period is scheduled to expire on December 1, 2033 (which is the tenth Contract Anniversary following the effective date of the endorsement). If a step-up increasing the Bonus Base occurs on the third Contract Anniversary following the effective date of the endorsement (December 1, 2026), and the Designated Life is younger than age 80, the Bonus Period will re-start and will be scheduled to expire on December 1, 2036. Further, assuming that the next Bonus Base increase due to a step-up does not occur until December 1, 2038 (which is two years after the Bonus Period in this example expired) and that the Designated Life is still younger than age 80 at that time, the Bonus Period would re-start on December 1, 2038, and would be scheduled to expire on December 1, 2048. (Please also see Examples 6 and 7 in Appendix D under section "III. LifeGuard Freedom Flex" for more information regarding the re-start provision.) | The purpose of the re-start provision is to extend the period of time over which the Owner is eligible to receive a bonus. For example, assume this GMWB was added to a Contract on December 1, 2023. At that time, the bonus period is scheduled to expire on December 1, 2033 (which is the tenth Contract Anniversary following the effective date of the endorsement). If a step-up increasing the Bonus Base occurs on the third Contract Anniversary following the effective date of the endorsement (December 1, 2026), and the Designated Life is younger than age 80, the Bonus Period will re-start and will be scheduled to expire on December 1, 2036. Further, assuming that the next Bonus Base increase due to a step-up does not occur until December 1, 2038 (which is two years after the Bonus Period in this example expired) and that the Designated Life is still younger than age 80 at that time, the Bonus Period would re-start on December 1, 2038, and would be scheduled to expire on December 1, 2048. (Please also see Examples 6 and 7 in Appendix D under section "III. LifeGuard Freedom Flex" for more information regarding the re-start provision.) |
| Spousal continuation of a Contract with this GMWB does not affect the Bonus Period; Contract Anniversaries are based on the Contract's Issue Date. | Spousal continuation of a Contract with this GMWB does not affect the Bonus Period; Contract Anniversaries are based on the Contract's Issue Date. | Spousal continuation of a Contract with this GMWB does not affect the Bonus Period; Contract Anniversaries are based on the Contract's Issue Date. |

---

------

**APPENDIX I**

**HISTORICAL POST-ISSUE ELECTION RATES**

**Historical Post-Issue Add-On Benefit Charges**

**I.&nbsp;&nbsp;&nbsp;&nbsp;AutoGuard**

No historical charges are available at this time for the AutoGuard GMWB.

**II.&nbsp;&nbsp;&nbsp;&nbsp;Flex GMWB**

**A**. For Flex GMWBs issued August 28, 2023 through October 22, 2023

---

| | | | |
|:---|:---|:---|:---|
| **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** | **Flex GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Core | 2.76% | 1.47% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

**III.&nbsp;&nbsp;&nbsp;&nbsp;Flex with Joint Option GMWB**

**A**. For Flex with Joint Option GMWBs issued August 28, 2023 through October 22, 2023

---

| | | | |
|:---|:---|:---|:---|
| **Flex with Joint Option GMWB GAWA% Table** | **Flex with Joint Option GMWB GAWA% Table** | **Flex with Joint Option GMWB GAWA% Table** | **Flex with Joint Option GMWB GAWA% Table** |
| Options | Maximum Annual Charge | Current Annual Charge | Maximum Increase to Annual Charge (at one time) |
| Core | 2.76% | 1.38% | 0.24% |
| Charge Basis | GWB | GWB | GWB |
| Charge Frequency | Monthly | Monthly | Monthly |

---

**IV.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net GMWB**

No historical charges are available at this time for the Flex Net GMWB.

**V.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net with Joint Option GMWB**

No historical charges are available at this time for the Flex Net with Joint Option GMWB.

**VI.&nbsp;&nbsp;&nbsp;&nbsp;LifeGuard Freedom Accelerator GMWB**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**If you elected the LifeGuard Freedom Accelerator add-on benefit before August 28, 2023 the applicable charge is 1.17%. For Complete information about the charge, please see "For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits And Annual Step-Up ("LifeGuard Freedom Accelerator GMWB") Charge" on page [31](#i6a8c7a642b0f405da7cd588a87395385_103).

**VII.&nbsp;&nbsp;&nbsp;&nbsp;LifeGuard Freedom Accelerator with Joint Option GMWB**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**If you elected the LifeGuard Freedom Accelerator add-on benefit before August 28, 2023 the applicable charge is 1.26%. For Complete information about the charge, please see "Joint For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits And Annual Step-Up ("LifeGuard Freedom Accelerator With Joint Option GMWB") Charge." on page [32](#i6a8c7a642b0f405da7cd588a87395385_106).

------

**Historical GAWA Percentages and Deferral Credits**

**I.&nbsp;&nbsp;&nbsp;&nbsp;AutoGuard**

No historical GAWA percentages are available at this time for the AutoGuard GMWB.

**II.&nbsp;&nbsp;&nbsp;&nbsp;Flex GMWB**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For Flex GMWBs issued August 28, 2023 through October 22, 2023.

---

| | |
|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Core** |
| 35 - 59 | 3.75% |
| 60 - 64 | 3.75% |
| 65 - 69 | 5.00% |
| 70 - 74 | 5.00% |
| 75 - 80 | 5.25% |
| 81+ | 5.50% |

---

**III.&nbsp;&nbsp;&nbsp;&nbsp;Flex with Joint Option GMWB**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For Flex with Joint Option GMWBs issued August 28, 2023 through October 22, 2023.

---

| | |
|:---|:---|
| **GAWA Percentages** | **GAWA Percentages** |
| **Ages** | **Core** |
| 35 - 59 | 3.25% |
| 60 - 64 | 3.25% |
| 65 - 69 | 4.50% |
| 70 - 74 | 4.50% |
| 75 - 80 | 4.75% |
| 81+ | 5.00% |

---

**IV.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net GMWB**

No historical GAWA percentages are available at this time for the Flex Net GMWB.

**V.&nbsp;&nbsp;&nbsp;&nbsp;Flex Net with Joint Option GMWB**

No historical GAWA percentages are available at this time for the Flex Net with Joint Option GMWB.

**VI.&nbsp;&nbsp;&nbsp;&nbsp;LifeGuard Freedom Accelerator GMWB**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For LifeGuard Freedom Accelerator GMWBs issued prior to August 28, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages and Deferral Credits** | **GAWA Percentages and Deferral Credits** | **GAWA Percentages and Deferral Credits** |
| **Ages** | **Starting GAWA% Table** | **Deferral Credit Percentage** |
| 45 - 49 | 3.25% | 0.10% |
| 50 - 54 | 3.50% | 0.15% |
| 55 - 59 | 3.75% | 0.20% |
| 60 - 64 | 4.00% | 0.20% |
| 65 - 69 | 4.75% | 0.25% |
| 70 - 74 | 4.75% | 0.30% |
| 75 - 80 | 5.50% | 0.40% |

---

------

**VII.&nbsp;&nbsp;&nbsp;&nbsp;LifeGuard Freedom Accelerator with Joint Option GMWB**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**A.**For LifeGuard Freedom Accelerator GMWBs issued prior to August 28, 2023.

---

| | | |
|:---|:---|:---|
| **GAWA Percentages and Deferral Credits** | **GAWA Percentages and Deferral Credits** | **GAWA Percentages and Deferral Credits** |
| **Ages** | **Starting GAWA% Table** | **Deferral Credit Percentage** |
| 45 - 49 | 2.75% | 0.10% |
| 50 - 54 | 3.00% | 0.15% |
| 55 - 59 | 3.25% | 0.20% |
| 60 - 64 | 3.50% | 0.20% |
| 65 - 69 | 4.25% | 0.25% |
| 70 - 74 | 4.25% | 0.30% |
| 75 - 80 | 5.00% | 0.40% |

---

------

**APPENDIX J**

**FINANCIAL INTERMEDIARY VARIATIONS**

This appendix describes variations in the availability of investment options, benefits, and/or other features described in this prospectus - including restrictions, limitations, and other variations - which may apply depending on the broker-dealer or financial intermediary through which the Contract is sold.

Please note that there may be other variations not included in the appendix or otherwise described in this prospectus. Variations may be imposed by some broker-dealers or financial intermediaries without our knowledge. For example, your financial professional may not recommend a particular investment option or Contract benefit to you. We have identified all material financial intermediary variations that are known to us.

However, taking into consideration the breadth of our distribution network, the terms of our current agreements with our distribution partners, and the frequency with which we may make changes to the investment options, benefits, and/or other Contract features, we cannot obtain information about any other financial intermediary variations without unreasonable effort or expense.

**You should discuss with your financial professional any limitations, restrictions, or other variations related to the investment options, benefits, and/or other features available to you through your financial professional.**

Your financial professional may not be able to provide you with information regarding those features, benefits, or investment options that your financial professional does not make available or recommend to you. Therefore, you may contact us directly at customercare@jackson.com or 1-800-599-5651.

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| | |
|:---|:---|
| **Financial Intermediary** | **Variation(s)** |
| Citigroup Global Markets Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum Issue Age <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum Issue Age for GMWB With Annual Step-Up ("AutoGuard") add-on living benefit: 75<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum Benefit Issue Age for Highest Quarterly Anniversary Value ("HQAV") Guaranteed Minimum Death Benefit: 75<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum Issue Age for For Life Guaranteed Minimum Withdrawal Benefit with Bonus and Annual Step-Up ("Flex Strategic Income GMWB") add-on living benefit: 75 |
| Citizens Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum Issue Age without purchasing an add-on living benefit: 75<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum Issue Age with purchasing an add-on living benefit: 79 |
| Geneos Wealth Management Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Issue Age Minimum: 50<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Issue Age Maximum: 75 |
| LPL E | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Qualified Contracts subject to Employee Retirement Income Security Act ("ERISA") not available |
| Merrill Lynch | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Add-on living or death benefit must be purchased on all Contracts<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum Issue Age for Contracts with add-on death benefit: 75;<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Flex Net GMWB (Single) and (Joint) add-on living benefits not available<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• GMWB With Annual Step-Up ("AutoGuard") add-on living benefit not available<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• MarketGuard Stretch GMWB add-on living benefit not available<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Flex Strategic Income GMWB (Single) and (Joint) living benefits not available |

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| | |
|:---|:---|
| **Financial Intermediary** | **Variation(s)** |
| Morgan Stanley | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum Issue Age for GMWB With Annual Step-Up ("AutoGuard") add-on living benefit: 79<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum Issue Age for MarketGuard Stretch GMWB add-on living benefit: 79 |
| Santander | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum Issue Age: 80 |

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| | |
|:---|:---|
| ***Mailing Address and Contact Information*** | ***Mailing Address and Contact Information*** |
| **Jackson of NY Customer Care Center** | **Jackson of NY Customer Care Center** |
| ***Regular Mail:*** | P.O. Box 24068, Lansing, Michigan 48909-4068 |
| ***Overnight Mail:*** | 1 Corporate Way, Lansing, Michigan 48951 |
| ***Customer Care:*** | 1-800-599-5651<br>8:00 a.m. to 7:00 p.m. ET (M-F) |
| ***Fax:*** | 1-800-701-0125 |
| ***Email:*** | customercare@jackson.com |

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**WHERE TO FIND ADDITIONAL INFORMATION**

The Statement of Additional Information (SAI) dated April 27, 2026 contains more information about the Contracts and the Separate Account, and can be found online at <u>https://www.jackson.com/product-literature-4.html</u>. The SAI has been filed with the SEC and is incorporated by reference into this prospectus. The SAI is posted on our website, <u>www.jackson.com</u>. For a free paper copy of the SAI, to request other information about the Contracts, and to make investor inquiries call us at 1-800-599-5651 or write to us at:

Jackson of NY Customer Care Center

P.O. Box 24068

Lansing, Michigan 48909-4068

Reports and other information about the Separate Account are available on the SEC's website at <u>https://www.sec.gov</u>, and copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.

Separate Account EDGAR contract identifier #C000210238

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**STATEMENT OF ADDITIONAL INFORMATION**

**April 27, 2026**

**PERSPECTIVE II**<sup>®</sup>

**FLEXIBLE PREMIUM VARIABLE AND FIXED DEFERRED ANNUITY**

**(Contracts offered for sale on and after June 24, 2019)**

**Issued by**

**Jackson National Life Insurance Company of New York**<sup>®</sup> **through**

**JNLNY Separate Account I**

This Statement of Additional Information (SAI) is not a prospectus. It contains information in addition to and more detailed than that set forth in the Prospectus and should be read in conjunction with the Prospectus dated April 27, 2026. The Prospectus may be obtained from Jackson National Life Insurance Company of New York (Jackson of NY<sup>®</sup>) by writing P.O. Box 24068, Lansing, Michigan 48909-4068, or calling 1-800-599-5651.

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| | |
|:---|:---|
| **TABLE OF CONTENTS** | **TABLE OF CONTENTS** |
| | **Page** |
| General Information and History | [2](#ie2c961dc2b8442ed830ae08efa8d55b2_4) |
| Services | [9](#ie2c961dc2b8442ed830ae08efa8d55b2_7) |
| Purchase of Securities Being Offered | [10](#ie2c961dc2b8442ed830ae08efa8d55b2_10) |
| [Contract Adjustments](#ie2c961dc2b8442ed830ae08efa8d55b2_335) | [10](#ie2c961dc2b8442ed830ae08efa8d55b2_335) |
| Underwriters | [11](#ie2c961dc2b8442ed830ae08efa8d55b2_13) |
| Calculation of Performance | [11](#ie2c961dc2b8442ed830ae08efa8d55b2_16) |
| Additional Tax Information | [13](#ie2c961dc2b8442ed830ae08efa8d55b2_19) |
| Annuity Provisions | [20](#ie2c961dc2b8442ed830ae08efa8d55b2_22) |
| Net Investment Factor | [21](#ie2c961dc2b8442ed830ae08efa8d55b2_25) |
| Appendix A: Financial Statements | A-[1](#ie2c961dc2b8442ed830ae08efa8d55b2_246) |

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**General Information and History**

*Jackson of NY*

We are a stock life insurance company organized under the laws of the state of New York in July 1995. Our legal domicile and principal business address is 2900 Westchester Avenue, Purchase, New York 10577. We are admitted to conduct life insurance and annuity business in the states of Delaware, New York and Michigan. Jackson of NY is a wholly owned subsidiary of Jackson Financial Inc. ("JFI"). Prudential plc and Athene Life Re Ltd each hold a minority economic interest in JFI. Prudential plc has no relation to Newark, New Jersey-based Prudential Financial Inc. JFI is also the ultimate parent of PPM America, Inc., a sub-adviser for certain of the Funds, and Jackson National Asset Management, LLC ("JNAM"), the Funds' investment adviser and administrator. JNAM provides certain administrative services with respect to the Separate Account, including separate account administration services and financial and accounting services. JNAM is located at 225 West Wacker Drive, Chicago, Illinois 60606.

We issue and administer the Contracts and the Separate Account. We maintain records of the name, address, taxpayer identification number and other pertinent information for each Owner, the number and type of Contracts issued to each Owner and records with respect to the value of each Contract.

*The Separate Account*

We established the Separate Account on September 12, 1997, pursuant to the provisions of New York law. The Separate Account is a separate account under state insurance law and a unit investment trust under federal securities law and is registered as an investment company with the SEC.

We have claimed an exclusion from the definition of the term "Commodity Pool Operator" under the Commodity Exchange Act (CEA) with respect to the Separate Account. Therefore, we are not subject to registration or regulation as a Commodity Pool Operator under the CEA with respect to the Separate Account.

JNLNY Separate Account I (Separate Account) is a separate investment account of Jackson of NY. In September 1997, the company changed its name from First Jackson National Life Insurance Company to its present name. Jackson of NY is a wholly owned subsidiary of Jackson Financial Inc., a publicly traded life insurance company in the United States.

*Trademarks, Service Marks, and Related Disclosures*

"JNL<sup>®</sup>," "Jackson National<sup>®</sup>," "Jackson<sup>®</sup>," "Jackson of NY<sup>®</sup>" and "Jackson National Life Insurance Company of New York<sup>®</sup>" are trademarks of Jackson National Life Insurance Company<sup>®</sup>.

Goldman Sachs is a registered service mark of Goldman Sachs & Co. LLC

Fidelity Institutional Asset Management and Fidelity Institutional AM are registered service marks of FMR LLC. Used with permission.

The "S&P 500<sup>®</sup>," "S&P MidCap 400<sup>®</sup>," "S&P SmallCap 600<sup>®</sup>," and the "Dow Jones Industrial Average<sup>®</sup>" (collectively, the "Indices") are products of S&P Dow Jones Indices LLC ("SPDJI"), and have been licensed for use by Jackson National Life Insurance Company and its Affiliates (collectively, "Licensee"). S&P<sup>®</sup>, S&P 500<sup>®</sup>, S&P 400<sup>®</sup>, S&P MidCap 400<sup>®</sup>, S&P 600<sup>®</sup>, S&P SmallCap 600<sup>®</sup>, SPX<sup>®</sup>, SPY<sup>®</sup>, US 500™, The 500<sup>®</sup>, iBoxx<sup>®</sup>, iTraxx<sup>®</sup>, CDX<sup>®</sup>, The Dow<sup>®</sup>, DJIA<sup>®</sup>, and Dow Jones Industrial Average<sup>®</sup> are trademarks of S&P Global, Inc. or its affiliates or licensors ("S&P"); Dow Jones<sup>®</sup>, DJIA<sup>®</sup>, Dow Jones Industrial Average<sup>®</sup> are registered trademarks of Dow Jones Trademark Holdings, LLC ("Dow Jones"). It is not possible to invest directly in an index. The JNL/Mellon Dow<sup>SM</sup> Index Fund, JNL/Mellon S&P 500 Index Fund, JNL/Mellon S&P 400 MidCap Index Fund, and JNL/Mellon Small Cap Index Fund (collectively, the "JNL Funds") are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, expressed or implied, to the owners of the JNL Funds or any member of the public regarding the advisability of investing in securities generally or in the JNL Funds particularly or the ability of the Indices to track general market performance. Past performance of an index is not an indication or guarantee of future results. S&P Dow Jones Indices' only relationship to Licensee with respect to the Indices is the licensing of the Indices and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices or its licensors.

The Indices are determined, composed and calculated by S&P Dow Jones Indices without regard to Licensee or the JNL Funds. S&P Dow Jones Indices has no obligation to take the needs of Licensee, or the owners of the JNL Funds into consideration in determining, composing or calculating the Indices. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the JNL Funds. There is no assurance that investment products based on the Indices will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment adviser, commodity trading

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advisor, commodity pool operator, broker dealer, fiduciary, promoter" (as defined in the Investment Company Act of 1940, as amended), "expert" as enumerated within 15 U.S.C. § 77k(a) or tax advisor. Inclusion of a security, commodity, crypto currency or other asset within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency or other asset, nor is it considered to be investment advice or commodity trading advice. SPDJI provides indices that use environmental, social and/or governance (ESG) indicators (including, without limit, business involvement screens, conformance to voluntary corporate standards, GHG emissions data, and ESG scores) to select, weight and/or exclude constituents. ESG indicators seek to measure a company's, or an asset's performance, with respect to E, S and/or G criteria. ESG indicators are derived from publicly reported data, modelled data, or a combination of reported and modelled data. ESG indicators are based on a qualitative assessment due to the absence of well-defined uniform market standards and the use of multiple methodologies to assess ESG factors. No single clear, definitive test or framework (legal, regulatory, or otherwise) exists to determine labels such as, 'ESG', 'sustainable', 'good governance', 'no adverse environmental, social and/or other impacts', or other equivalently labelled objectives. Therefore, the exercise of subjective judgment is necessary. Different persons may classify the same investment, products and/or strategy differently regarding the foregoing labels.

S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE INDICES OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE JNL FUNDS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDICES OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. S&P DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY PORTION OF, NOR DOES S&P DOW JONES INDICES HAVE ANY CONTROL OVER, THE LICENSEE PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR OTHER OFFERING MATERIALS. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND LICENSEE, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.

The JNL/Mellon Nasdaq<sup>®</sup> 100 Index Fund and JNL/JPMorgan Nasdaq<sup>®</sup> Hedged Equity Fund (together, the "JNL Funds") are not sponsored, endorsed, sold or promoted by Nasdaq, Inc. or its affiliates (Nasdaq, with its affiliates, are referred to as the "Corporations"). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating to, the JNL Funds. The Corporations make no representation or warranty, express or implied to the owners of the JNL Funds or any member of the public regarding the advisability of investing in securities generally or in the JNL Funds particularly, or the ability of the Nasdaq-100 Index<sup>®</sup> to track general stock market performance. The Corporations' only relationship to Jackson National Life Insurance Company ("Licensee") is in the licensing of the Nasdaq<sup>®</sup>, and Nasdaq-100 Index<sup>®</sup> registered trademarks, and certain trade names of the Corporations and the use of the Nasdaq-100 Index<sup>®</sup> which is determined, composed and calculated by Nasdaq without regard to Licensee or the JNL Funds. Nasdaq has no obligation to take the needs of the Licensee or the owners of the JNL Funds into consideration in determining, composing or calculating the Nasdaq-100 Index<sup>®</sup>. The Corporations are not responsible for and have not participated in the determination of the timing of, prices at, or quantities of the JNL Funds to be issued or in the determination or calculation of the equation by which the JNL Funds are to be converted into cash. The Corporations have no liability in connection with the administration, marketing or trading of the JNL Funds.

THE CORPORATIONS DO NOT GUARANTEE THE ACCURACY AND/OR UNINTERRUPTED CALCULATION OF THE NASDAQ-100 INDEX<sup>®</sup> OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE JNL FUNDS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE NASDAQ-100 INDEX<sup>®</sup> OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE NASDAQ-100 INDEX<sup>®</sup> OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR SPECIAL, INCIDENTAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

Morningstar<sup>®</sup> and the Morningstar Indices (as defined below) are trademarks or service marks of Morningstar, Inc. ("Morningstar") and have been licensed for use for certain purposes by Jackson National Asset Management, LLC ("JNAM"). The JNL Funds (as defined below) are not sponsored, endorsed, sold or promoted by Morningstar, or any of its affiliated companies (all such entities, collectively, ''Morningstar Entities") or the Loan Syndications and Trading Association ("LSTA"). The Morningstar Entities and

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LSTA make no representation or warranty, express or implied, to the owners of the JNL Funds or any member of the public regarding the advisability of investing in securities generally or in the JNL Funds in particular or the ability of the Morningstar Indices to track general stock market performance. The Morningstar Entities' only relationship to JNAM is the licensing of: (i) certain service marks and service names of Morningstar and LSTA; and (ii) of the Morningstar Indices which is determined, composed and calculated by the Morningstar Entities without regard to JNAM or the JNL Funds. The Morningstar Entities have no obligation to take the needs of JNAM or the owners of the JNL Funds into consideration in determining, composing or calculating the Morningstar Indices. The Morningstar Entities and LSTA are not responsible for and have not participated in the determination of the prices and amount of the JNL Funds or the timing of the issuance or sale of the JNL Funds or in the determination or calculation of the equation by which the JNL Funds are converted into cash. The Morningstar Entities and LSTA have no obligation or liability in connection with the administration, marketing or trading of the JNL Funds.

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| | |
|:---|:---|
| Index (collectively, the "Morningstar Indices") | Fund (collectively, the "JNL Funds") |
| Morningstar<sup>®</sup> Aggressive Target Risk Index<sup>SM</sup> | JNL Aggressive Growth Allocation Fund<br>JNL/JPMorgan Managed Aggressive Growth Fund |
| Morningstar<sup>®</sup> Conservative Target Risk Index<sup>SM</sup> | JNL Conservative Allocation Fund<br>JNL/JPMorgan Managed Conservative Fund |
| Morningstar<sup>®</sup> Developed Markets ex-North America Target Market Exposure Index<sup>SM</sup> | JNL/Causeway International Value Select Fund<br>JNL/JPMorgan Managed Aggressive Growth Fund<br>JNL/JPMorgan Managed Conservative Fund<br>JNL/JPMorgan Managed Growth Fund<br>JNL/JPMorgan Managed Moderate Fund<br>JNL/JPMorgan Managed Moderate Growth Fund<br>JNL/Mellon International Index Fund |
| Morningstar<sup>®</sup> Developed Markets ex-North America Value Target Market Exposure Index<sup>SM</sup> | JNL/Causeway International Value Select Fund |
| Morningstar<sup>®</sup> Developed Markets ex-US Target Market Exposure Index<sup>SM</sup> | JNL/DFA International Core Equity Fund |
| Morningstar<sup>®</sup> Developed Markets Target Market Exposure Index<sup>SM</sup> | JNL/BlackRock Global Allocation Fund<br>JNL/Mellon World Index Fund |
| Morningstar<sup>®</sup> Dividend Composite Index<sup>SM</sup> | JNL/Franklin Templeton Income Fund<br>JNL/WMC Equity Income Fund |
| Morningstar<sup>®</sup> Emerging Markets Index<sup>SM</sup> | JNL Multi-Manager Emerging Markets Equity Fund |
| Morningstar<sup>®</sup> Emerging Markets Target Market Exposure Index<sup>SM</sup> | JNL/Mellon Emerging Markets Index Fund<br>JNL/GQG Emerging Markets Equity Fund |
| Morningstar<sup>®</sup> Global ex-US Small Cap Target Market Exposure Index<sup>SM</sup> | JNL Multi-Manager International Small Cap Fund |
| Morningstar<sup>®</sup> Global ex-US Target Market Exposure Index<sup>SM</sup> | JNL Multi-Manager International Equity Fund<br>JNL Multi-Manager International Small Cap Fund<br>JNL/American Funds International Fund<br>JNL/WCM Focused International Equity Fund |
| Morningstar<sup>®</sup> Global Small Cap Target Market Exposure Index<sup>SM</sup> | JNL Multi-Manager Global Small Cap Fund |

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| | |
|:---|:---|
| Index (collectively, the "Morningstar Indices") | Fund (collectively, the "JNL Funds") |
| Morningstar<sup>®</sup> Global Target Market Exposure Index<sup>SM</sup> | JNL Aggressive Growth Allocation Fund<br>JNL Conservative Allocation Fund<br>JNL Growth Allocation Fund<br>JNL Growth ETF Allocation Fund<br>JNL Moderate Allocation Fund<br>JNL Moderate ETF Allocation Fund<br>JNL Moderate Growth Allocation Fund<br>JNL Moderate Growth ETF Allocation Fund<br>JNL Multi-Manager Global Small Cap Fund<br>JNL/American Funds Capital Income Builder Fund<br>JNL/American Funds Global Growth Fund<br>JNL/American Funds Growth Allocation Fund<br>JNL/American Funds Moderate Allocation Fund<br>JNL/American Funds Moderate Growth Allocation Fund<br>JNL/American Funds New World Fund<br>JNL/BlackRock Global Natural Resources Fund<br>JNL/First Sentier Global Infrastructure Fund<br>JNL/JPMorgan Managed Aggressive Growth Fund<br>JNL/JPMorgan Managed Growth Fund<br>JNL/JPMorgan Managed Moderate Growth Fund<br>JNL/Loomis Sayles Global Growth Fund<br>JNL/Vanguard Growth ETF Allocation Fund<br>JNL/Vanguard Moderate ETF Allocation Fund<br>JNL/Vanguard Moderate Growth ETF Allocation Fund |
| Morningstar<sup>®</sup> LSTA US Leveraged Loan Index<sup>SM</sup> | JNL Multi-Manager Floating Rate Income Fund |
| Morningstar<sup>®</sup> Moderate Target Risk Index<sup>SM</sup> | JNL Moderate Growth Allocation Fund<br>JNL Moderate Growth ETF Allocation Fund<br>JNL/American Funds Moderate Growth Allocation Fund<br>JNL/JPMorgan Managed Moderate Growth Fund<br>JNL/Vanguard Moderate Growth ETF Allocation Fund |
| Morningstar<sup>®</sup> Moderately Aggressive Target Risk Index<sup>SM</sup> | JNL Growth Allocation Fund<br>JNL Growth ETF Allocation Fund<br>JNL/American Funds Growth Allocation Fund<br>JNL/JPMorgan Managed Growth Fund<br>JNL/Vanguard Growth ETF Allocation Fund |
| Morningstar<sup>®</sup> Moderately Conservative Target Risk Index<sup>SM</sup> | JNL Moderate Allocation Fund<br>JNL Moderate ETF Allocation Fund<br>JNL/American Funds Moderate Allocation Fund<br>JNL/JPMorgan Managed Moderate Fund<br>JNL/Vanguard Moderate ETF Allocation Fund |
| Morningstar<sup>®</sup> US Basic Materials Index<sup>SM</sup> | JNL/Mellon Materials Sector Fund |
| Morningstar<sup>®</sup> US Communication Services Index<sup>SM</sup> | JNL/Mellon Communication Services Sector Fund |
| Morningstar<sup>®</sup> US Consumer Cyclical Index<sup>SM</sup> | JNL/Mellon Consumer Discretionary Sector Fund |
| Morningstar<sup>®</sup> US Consumer Defensive Index<sup>SM</sup> | JNL/Mellon Consumer Staples Sector Fund |
| Morningstar<sup>®</sup> US Energy Index<sup>SM</sup> | JNL/Mellon Energy Sector Fund |
| Morningstar<sup>®</sup> US Financial Services Index<sup>SM</sup> | JNL/Mellon Financial Sector Fund |
| Morningstar<sup>®</sup> US Healthcare Index<sup>SM</sup> | JNL/Mellon Healthcare Sector Fund |
| Morningstar<sup>®</sup> US Industrials Index<sup>SM</sup> | JNL/Mellon Industrials Sector Fund |
| Morningstar<sup>®</sup> US Large-Mid Cap Index<sup>SM</sup> | JNL/Morningstar U.S. Sustainability Index Fund |
| Morningstar<sup>®</sup> US Large-Mid Cap Broad Growth Index<sup>SM</sup> | JNL/BlackRock Large Cap Select Growth Fund<br>JNL/Fidelity Institutional AM<sup>®</sup> & JPMorgan Large Cap Growth Fund<br>JNL/T. Rowe Price Growth Stock Fund |
| Morningstar<sup>®</sup> US Large-Mid Cap Broad Value Index<sup>SM</sup> | JNL/JPMorgan U.S. Value Fund<br>JNL/MFS Equity Income Fund<br>JNL/Newton Equity Income Fund<br>JNL/T. Rowe Price Value Fund<br>JNL/WMC Value Fund |

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| | |
|:---|:---|
| Index (collectively, the "Morningstar Indices") | Fund (collectively, the "JNL Funds") |
| Morningstar<sup>®</sup> US Market Index<sup>SM</sup> | JNL/Mellon U.S. Stock Market Index Fund |
| Morningstar<sup>®</sup> US Market Extended Index<sup>SM</sup> | JNL Multi-Manager Mid Cap Fund<br>JNL Multi-Manager Small Cap Growth Fund<br>JNL Multi-Manager Small Cap Value Fund<br>JNL/DFA U.S. Core Equity Fund<br>JNL/DFA U.S. Small Cap Fund<br>JNL/Invesco Small Cap Growth Fund<br>JNL/JPMorgan MidCap Growth Fund<br>JNL/Mellon Communication Services Sector Fund<br>JNL/Mellon Consumer Discretionary Sector Fund<br>JNL/Mellon Consumer Staples Sector Fund<br>JNL/Mellon Energy Sector Fund<br>JNL/Mellon Financial Sector Fund<br>JNL/Mellon Healthcare Sector Fund<br>JNL/Mellon Industrials Sector Fund<br>JNL/Mellon Information Technology Sector Fund<br>JNL/Mellon Materials Sector Fund<br>JNL/Mellon Real Estate Sector Fund<br>JNL/Mellon S&P 400 MidCap Index Fund<br>JNL/Mellon Small Cap Index Fund<br>JNL/Mellon U.S. Stock Market Index Fund<br>JNL/Mellon Utilities Sector Fund<br>JNL/MFS Mid Cap Value Fund<br>JNL/Morningstar SMID Moat Focus Index Fund<br>JNL/RAFI<sup>®</sup> Fundamental U.S. Small Cap<br>JNL/RAFI<sup>®</sup> Multi-Factor U.S. Equity <br>JNL/T. Rowe Price Mid-Cap Growth Fund |
| Morningstar<sup>®</sup> US Mid Cap Broad Growth Index<sup>SM</sup> | JNL/JPMorgan MidCap Growth Fund<br>JNL/T. Rowe Price Mid-Cap Growth Fund |
| Morningstar<sup>®</sup> US Mid Cap Broad Value Index<sup>SM</sup> | JNL/MFS Mid Cap Value Fund |
| Morningstar<sup>®</sup> US Mid Cap Index<sup>SM</sup> | JNL Multi-Manager Mid Cap Fund |
| Morningstar<sup>®</sup> US Real Estate Index<sup>SM</sup> | JNL/Mellon Real Estate Sector Fund |
| Morningstar<sup>®</sup> US REIT Index<sup>SM</sup> | JNL/Cohen & Steers U.S. Realty Fund |
| Morningstar<sup>®</sup> US Small Cap Broad Growth Extended Index<sup>SM</sup> | JNL Multi-Manager Small Cap Growth Fund<br>JNL/Invesco Small Cap Growth Fund |
| Morningstar<sup>®</sup> US Small Cap Broad Value Extended Index<sup>SM</sup> | JNL Multi-Manager Small Cap Value Fund |
| Morningstar<sup>®</sup> US Small Cap Extended Index<sup>SM</sup> | JNL/DFA U.S. Small Cap Fund<br>JNL/RAFI<sup>®</sup> Fundamental U.S. Small Cap Fund |
| Morningstar<sup>®</sup> US Small-Mid Cap Index<sup>SM</sup> | JNL/Morningstar SMID Moat Focus Index Fund |
| Morningstar<sup>®</sup> US Small-Mid Cap Moat Focus Index<sup>SM</sup> | JNL/Morningstar SMID Moat Focus Index Fund |
| Morningstar<sup>®</sup> US Sustainability Index<sup>SM</sup> | JNL/Morningstar U.S. Sustainability Index Fund |
| Morningstar<sup>®</sup> US Technology Index<sup>SM</sup> | JNL/Mellon Information Technology Sector Fund |
| Morningstar<sup>®</sup> US Target Market Exposure Index<sup>SM</sup> | JNL Multi-Manager Select Equity Fund<br>JNL/BlackRock Large Cap Select Growth Fund<br>JNL/Cohen & Steers U.S. Realty Fund<br>JNL/Fidelity Institutional AM<sup>®</sup> & JPMorgan Large Cap Growth Fund<br>JNL/JPMorgan Nasdaq<sup>®</sup> Hedged Equity Fund<br>JNL/JPMorgan U.S. Value Fund<br>JNL/Mellon Do<sup>wS</sup>M Index Fu<br>JNL/Mellon Nasdaq<sup>®</sup> 100 Index Fund<br>JNL/Morningstar U.S. Sustainability Index Fund<br>JNL/Newton Equity Income Fund<br>JNL/T. Rowe Price Value Fund<br>JNL/WMC Equity Income Fund<br>JNL/WMC Value Fund |
| Morningstar<sup>®</sup> US Utilities Index<sup>SM</sup> | JNL/Mellon Utilities Sector Fund |
| Morningstar<sup>®</sup> Wide Moat Focus Index<sup>SM</sup> | JNL/Morningstar Wide Moat Index Fund |

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THE MORNINGSTAR ENTITIES AND LSTA DO NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE MORNINGSTAR INDICES OR ANY DATA INCLUDED THEREIN AND SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. THE MORNINGSTAR ENTITIES AND LSTA MAKE NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY JNAM, OWNERS OR USERS OF THE JNL FUNDS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE MORNINGSTAR INDICES OR ANY DATA INCLUDED THEREIN. THE MORNINGSTAR ENTITIES AND LSTA MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE MORNINGSTAR INDICES OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE MORNINGSTAR ENTITIES OR LSTA HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

The JNL/RAFI<sup>®</sup> Fundamental U.S. Small Cap Fund and JNL/RAFI<sup>®</sup> Multi-Factor U.S. Equity Fund (the "JNL/RAFI Funds") are not sponsored, offered, or sold in any manner by RAFI Indices, LLC or any of its affiliates, licensors or contractors (the "RAFI Parties") nor do any of the RAFI Parties offer to any person purchasing a product that uses or incorporates a product based on an Index any express or implicit guarantee, warranty or assurance either with regard to the results of using the RAFI Multi-Factor<sup>®</sup> US Index and RAFI<sup>®</sup> Fundamental US Small Company Index (each an "Index") or the Index Price at any time or in any other respect. Each Index is calculated and published by the RAFI Parties. The RAFI Parties use commercially reasonable efforts to ensure that the Index is calculated correctly. None of the RAFI Parties shall be liable to any person purchasing a product that uses or incorporates a product based on the Index for any error, omission, inaccuracy, incompleteness, delay, or interruption in the Index or any data related thereto or have any obligation to point out errors in the Index to any person. Neither publication of each Index by the RAFI Parties nor the licensing of the Index or Index trademark for the purpose of use in connection with the JNL/RAFI Funds constitutes a recommendation by any of the RAFI Parties to invest in nor does it in any way represent an assurance, endorsement or opinion of any of the RAFI Parties with regard to any investment in the JNL/RAFI Funds. The trade names Fundamental Index<sup>®</sup> and RAFI<sup>®</sup> are registered trademarks of Research Affiliates, LLC in the US and other countries.

"Bloomberg<sup>®</sup>" and the Bloomberg Indices (as defined below) are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited ("BISL"), the administrator of the index (collectively, "Bloomberg"), and have been licensed for use for certain purposes by Jackson National Asset Management, LLC ("JNAM").

The JNL Funds (as defined below) are not sponsored, endorsed, sold or promoted by Bloomberg. Bloomberg does not make any representation or warranty, express or implied, to the owners of or counterparties to the JNL Funds or any member of the public regarding the advisability of investing in securities generally or in the JNL Funds particularly. The only relationship of Bloomberg to JNAM is the licensing of certain trademarks, trade names and service marks and of the Bloomberg Indices, which is determined, composed and calculated by BISL without regard to JNAM or the JNL Funds. Bloomberg has no obligation to take the needs of JNAM or the owners of the JNL Funds into consideration in determining, composing or calculating the Bloomberg Indices. Bloomberg is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the JNL Funds to be issued. Bloomberg shall not have any obligation or liability, including, without limitation, to JNL Funds customers, in connection with the administration, marketing or trading of the JNL Funds.

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| | |
|:---|:---|
| Index (collectively, the "Bloomberg Indices") | Fund (collectively, the "JNL Funds") |
| Bloomberg 1-3 Yr Gov/Credit Index | JNL/T. Rowe Price Short-Term Bond Fund |
| Bloomberg EM USD Aggregate Index | JNL/DoubleLine<sup>®</sup> Emerging Markets Fixed Income Fund<br>JNL/PPM America Emerging Markets Debt Fund |
| Bloomberg Global Aggregate Index | JNL/DoubleLine<sup>®</sup> Emerging Markets Fixed Income Fund<br>JNL/PPM America Emerging Markets Debt Fund |
| Bloomberg U.S. High Yield – 2% Issuer Cap Index | JNL/PPM America High Yield Bond Fund |

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| | |
|:---|:---|
| Index (collectively, the "Bloomberg Indices") | Fund (collectively, the "JNL Funds") |
| Bloomberg U.S. Aggregate Index | JNL Aggressive Growth Allocation Fund<br>JNL Conservative Allocation Fund<br>JNL Growth Allocation Fund<br>JNL Growth ETF Allocation Fund<br>JNL Moderate Allocation Fund<br>JNL Moderate ETF Allocation Fund<br>JNL Moderate Growth Allocation Fund<br>JNL Moderate Growth ETF Allocation Fund<br>JNL Multi-Manager Alternative Fund<br>JNL Multi-Manager Floating Rate Income Fund<br>JNL/American Funds Balanced Fund<br>JNL/American Funds Bond Fund of America Fund<br>JNL/American Funds Capital Income Builder Fund<br>JNL/American Funds Growth Allocation Fund<br>JNL/American Funds Moderate Allocation Fund<br>JNL/American Funds Moderate Growth Allocation Fund<br>JNL/DoubleLine<sup>®</sup> Core Fixed Income Fund<br>JNL/DoubleLine<sup>®</sup> Total Return Fund<br>JNL/Dreyfus Government Money Market Fund<br>JNL/Fidelity Institutional AM<sup>®</sup> Total Bond Fund<br>JNL/Franklin Templeton Income Fund<br>JNL/JPMorgan Managed Aggressive Growth Fund<br>JNL/JPMorgan Managed Conservative Fund<br>JNL/JPMorgan Managed Growth Fund<br>JNL/JPMorgan Managed Moderate Fund<br>JNL/JPMorgan Managed Moderate Growth Fund<br>JNL/JPMorgan U.S. Government & Quality Bond Fund<br>JNL/Lord Abbett Short Duration Income Fund<br>JNL/Mellon Bond Index Fund<br>JNL/Neuberger Berman Strategic Income Fund<br>JNL/PIMCO Income Fund<br>JNL/PIMCO Investment Grade Credit Bond Fund<br>JNL/PIMCO Real Return Fund<br>JNL/PPM America High Yield Bond Fund<br>JNL/PPM America Investment Grade Credit Fund<br>JNL/PPM America Total Return Fund<br>JNL/T. Rowe Price Capital Appreciation Fund<br>JNL/T. Rowe Price Short-Term Bond Fund<br>JNL/Vanguard Growth ETF Allocation Fund<br>JNL/Vanguard Moderate ETF Allocation Fund<br>JNL/Vanguard Moderate Growth ETF Allocation Fund<br>JNL/Westchester Capital Event Driven Fund<br>JNL/WMC Balanced Fund |
| Bloomberg U.S. Credit Index | JNL/PIMCO Investment Grade Credit Bond Fund<br>JNL/PPM America Investment Grade Credit Fund |
| Bloomberg U.S. Government Index | JNL/JPMorgan U.S. Government & Quality Bond Fund |
| Bloomberg U.S. Treasury: U.S. TIPS Index | JNL/PIMCO Real Return Fund |
| Bloomberg USD 1 Month Swap Rate Cash Deposit Index | JNL/Dreyfus Government Money Market Fund |

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BLOOMBERG DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE BLOOMBERG INDICES OR ANY DATA RELATED THERETO AND SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS OR INTERRUPTIONS THEREIN. BLOOMBERG DOES NOT MAKE ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY JNAM, OWNERS OF THE JNL FUNDS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE BLOOMBERG INDICES OR ANY DATA RELATED THERETO. BLOOMBERG DOES NOT MAKE ANY EXPRESS OR IMPLIED WARRANTIES AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE BLOOMBERG INDICES OR ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, TO THE MAXIMUM EXTENT ALLOWED BY LAW, BLOOMBERG, ITS LICENSORS, AND ITS AND THEIR RESPECTIVE EMPLOYEES, CONTRACTORS, AGENTS, SUPPLIERS, AND VENDORS SHALL HAVE NO LIABILITY OR RESPONSIBILITY WHATSOEVER FOR ANY INJURY OR DAMAGES-WHETHER DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, PUNITIVE OR OTHERWISE-ARISING IN CONNECTION WITH THE JNL FUNDS OR BLOOMBERG INDICES OR ANY DATA OR VALUES RELATING THERETO-WHETHER ARISING FROM THEIR NEGLIGENCE OR OTHERWISE, EVEN IF NOTIFIED OF THE POSSIBILITY THEREOF.

Barclays Capital Inc. and its affiliates ("Barclays") is not the issuer or producer of JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund and Barclays has no responsibilities, obligations or duties to investors in JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund. The Shiller Barclays CAPE™ US Sector II ER USD Index is a trademark owned by Barclays Bank PLC and licensed for use by JNL

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Series Trust ("JNLST") as the Issuer of JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund. Barclays only relationship with the Issuer in respect of Shiller Barclays CAPE™ US Sector II ER USD Index is the licensing of the Shiller Barclays CAPE™ US Sector II ER USD Index which is determined, composed and calculated by Barclays without regard to the Issuer or the JNL/DoubleLine® Shiller Enhanced CAPE<sup>®</sup> Fund or the owners of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund. Additionally, JNLST or JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund may for itself execute transaction(s) with Barclays in or relating to the Shiller Barclays CAPE™ US Sector II ER USD Index in connection with JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund investors acquire JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund from JNLST and investors neither acquire any interest in Shiller Barclays CAPE™ US Sector II ER USD Index nor enter into any relationship of any kind whatsoever with Barclays upon making an investment in JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund. The JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund is not sponsored, endorsed, sold or promoted by Barclays. Barclays does not make any representation or warranty, express or implied regarding the advisability of investing in the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund or the advisability of investing in securities generally or the ability of the Shiller Barclays CAPE™ US Sector II ER USD Index to track corresponding or relative market performance. Barclays has not passed on the legality or suitability of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund with respect to any person or entity. Barclays is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund to be issued. Barclays has no obligation to take the needs of the Issuer or the owners of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund or any other third party into consideration in determining, composing or calculating the Shiller Barclays CAPE™ US Sector II ER USD Index Barclays has no obligation or liability in connection with administration, marketing or trading of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund.

The licensing agreement between JNLST and Barclays is solely for the benefit of JNLST and Barclays and not for the benefit of the owners of the JNL/DoubleLine<sup>®</sup> Shiller Enhanced CAPE<sup>®</sup> Fund, investors or other third parties.

BARCLAYS SHALL HAVE NO LIABILITY TO THE ISSUER, INVESTORS OR TO OTHER THIRD PARTIES FOR THE QUALITY, ACCURACY AND/OR COMPLETENESS OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX OR ANY DATA INCLUDED THEREIN OR FOR INTERRUPTIONS IN THE DELIVERY OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX. BARCLAYS MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER, THE INVESTORS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX OR ANY DATA INCLUDED THEREIN. BARCLAYS MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX OR ANY DATA INCLUDED THEREIN. BARCLAYS RESERVES THE RIGHT TO CHANGE THE METHODS OF CALCULATION OR PUBLICATION, OR TO CEASE THE CALCULATION OR PUBLICATION OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX, AND BARCLAYS SHALL NOT BE LIABLE FOR ANY MISCALCULATION OF OR ANY INCORRECT, DELAYED OR INTERRUPTED PUBLICATION WITH RESPECT TO ANY OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX BARCLAYS SHALL NOT BE LIABLE FOR ANY DAMAGES, INCLUDING, WITHOUT LIMITATION, ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, OR ANY LOST PROFITS AND EVEN IF ADVISED OF THE POSSIBILITY OF SUCH, RESULTING FROM THE USE OF THE SHILLER BARCLAYS CAPE™ US SECTOR II ER USD INDEX OR ANY DATA INCLUDED THEREIN OR WITH RESPECT TO THE JNL/DOUBLELINE<sup>®</sup> SHILLER ENHANCED CAPE<sup>®</sup> FUND.

None of the information supplied by Barclays Bank PLC and used in this publication may be reproduced in any manner without the prior written permission of Barclays Capital, the investment banking division of Barclays Bank PLC. Barclays Bank PLC is registered in England No. 1026167. Registered office 1 Churchill Place London E l 4 5HP.

Wilshire<sup>®</sup> is a registered trademark owned by Wilshire Advisors LLC ("Wilshire") and used under license and the Wilshire Indexes<sup>SM</sup> indexes, Wilshire Liquid Alternative Index<sup>SM</sup>, and Wilshire Liquid Alternative Event Driven Index<sup>SM</sup> are service marks owned or licensed by Wilshire OpCo UK Limited and have been licensed by Wilshire Benchmarks US LLC for use by Jackson National Asset Management, LLC. Wilshire OpCo UK Limited and Wilshire Benchmarks US LLC are referred to as "Wilshire Indexes". All copyrightable subject matter in a Wilshire Indexes' index and Wilshire Indexes' data is© 2026 Wilshire Indexes, all rights reserved. The JNL Multi-Manager Alternative Fund and JNL/Westchester Capital Event Driven Fund (together, the "JNL Funds") are not sponsored, endorsed, sold or promoted by Wilshire Indexes and Wilshire Indexes makes no representations, warranties or other commitments with respect to the JNL Funds. Wilshire Indexes does not accept any liability to any person for any loss or damage arising out of any error or omission in the Wilshire Indexes' indexes or Wilshire Indexes' data.

**Services**

Jackson of NY is the custodian of the assets of the Separate Account. Jackson of NY holds all cash of the Separate Account and attends to the collection of proceeds of shares of the underlying Funds bought and sold by the Separate Account.

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The financial statements of each Investment Division within JNLNY Separate Account I and Jackson National Life Insurance Company of New York for the periods indicated have been incorporated by reference herein in reliance upon the reports of KPMG LLP, an independent registered public accounting firm, incorporated by reference herein, and upon the authority of said firm as experts in accounting and auditing. KPMG LLP's report dated March 27, 2026, states that Jackson National Life Insurance Company of New York prepared its financial statements using statutory accounting practices prescribed or permitted by the New York State Department of Financial Services (statutory accounting practices), which is a basis of accounting other than U.S. generally accepted accounting principles. Accordingly, KPMG LLP's report states that the financial statements of Jackson National Life Insurance Company of New York are not intended to be and, therefore, are not fairly presented in accordance with U.S. generally accepted accounting principles and further states that those statements are presented fairly, in all material respects, in accordance with the statutory accounting principles. The principal business address of KPMG LLP is 200 E Randolph, Suite 5500, Chicago, Illinois 60601.

Jackson is the parent of Jackson National Asset Management, LLC ("JNAM"), the Funds' investment adviser and administrator. Pursuant to an agreement between Jackson and JNAM, JNAM provides certain administrative services with respect to the Separate Account, including separate account administration services and financial and accounting services. For the past three years, Jackson paid $724,851 in 2023, $791,359 in 2024 and $933,097 in 2025 for the services provided by JNAM to Jackson.

**Purchase of Securities Being Offered**

The Contracts will be sold by licensed insurance agents. The agents will be registered representatives of broker-dealers that are registered under the Securities Exchange Act of 1934 and members of the Financial Industry Regulatory Authority (FINRA).

**Contract Adjustments**

A Market Value Adjustment ("MVA") may apply to amounts withdrawn or transferred from a Fixed Account Option prior to the end of the specified period. The Market Value Adjustment reflects changes in the level of interest rates since the beginning of the Fixed Account Option period. Market Value Adjustments protect the Company from risks related to the value of the fixed investment instruments supporting the Contract guarantees if amounts are withdrawn prematurely. The Market Value Adjustment shifts the risk from the Company to you.

In order to determine whether there will be a Market Value Adjustment, we first consider the base interest rate of the Fixed Account Option from which you are removing Contract Value as a withdrawal or transfer. As discussed in the section titled "The Fixed Account", the base interest rate is a rate which we declare at the time you allocate any amount to a Fixed Account Option and which we credit to that Fixed Account Option if and when such base interest rate is higher than the Fixed Account minimum interest rate. The Market Value Adjustment is based on the relationship of the base interest rate on your Fixed Account Option to the current new business interest rate, which is a rate that we use solely for purposes of calculating the amount of any Market Value Adjustment. The current new business interest rate is 0.25% per annum greater than the base interest rate we are then offering for new allocations to Fixed Account Options with the same duration as your Fixed Account Option. If we are not offering that duration at the time of your withdrawal or transfer, we will estimate a base interest rate for that duration based on the closest durations that we are then offering.

If the base interest rate available for allocations into a new Fixed Account Option at the time of your withdrawal or transfer is *higher* than the base interest rate declared at the time of your allocation to a Fixed Account Option, a *negative* adjustment to the amount withdrawn or transferred may apply, which would *reduce* the amount paid or transferred. If the base interest rate available for allocations into a new Fixed Account Option at the time of withdrawal or transfer is *lower* than the base interest rate declared at the time of your allocation to a Fixed Account Option, a *positive* adjustment to the amount withdrawn or transferred may apply, which would *increase* the amount paid or transferred. There will be no Market Value Adjustment if the two rates are the same.

If the current new business interest rate is greater than the base interest rate for the Fixed Account Option from which the amount is removed, there will be no Market Value Adjustment if the difference between the two is less than 0.25%. This limitation avoids decreases in the amount paid or transferred in situations where the general level of interest rates has declined but the current new business interest rate nevertheless exceeds the base interest rate for your Fixed Account Option because of the additional 0.25% that is added when determining the current new business interest rate (as described above).

The application of a Market Value Adjustment could result in a reduction in the amount you receive from a withdrawal, and in extreme circumstances, such losses could be as high as 100% of any credited interest. However, a Market Value Adjustment will never cause you to lose any of your original investment. The maximum loss would only occur if interest rates have risen dramatically between the date your Contract was issued and the time of your total withdrawal. A Market Value Adjustment will not otherwise affect the values under your Contract. Please see the SAI for an illustration of how an MVA impacts your withdrawals and contract values.

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There is no Market Value Adjustment on: amounts taken from the one-year Fixed Account Option; death benefit payments; payments pursuant to a life contingent income option or an income option resulting in payments spread over at least five years; amounts withdrawn for Contract charges; free withdrawals; amounts removed from any Fixed Account Option on the Latest Income Date and amounts removed from any Fixed Account Option in the 30-day period following the end of a Fixed Account Option term. In no event will the amount of a total withdrawal or transfer from the Fixed Account Options be less than the Fixed Account Minimum Value. In the case of a withdrawal or transfer from a Fixed Account Option, the amount withdrawn or transferred will have been credited with interest at a rate at least equal to the Fixed Account minimum interest rate, even if subject to a Market Value Adjustment that otherwise would have reduced it below that rate.

Market Value Adjustment Example.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Example 1: The following example illustrates how the Fixed Account Minimum Value may affect a Market Value Adjustment on a total withdrawal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If you allocated your $10,000 initial Premium to the Fixed Account and your declared rate of interest was 3%, after one year (assuming no other transactions) your Contract Value in the Fixed Account would be $10,300.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If the Fixed Account minimum interest rate was 1%, your Fixed Account Minimum Value would be $10,100.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• In this case, a Market Value Adjustment could not reduce the withdrawal by more than $200 (the difference between your Contract Value in the Fixed Account and the Fixed Account Minimum Value).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For example, if you request a total withdrawal (gross amount of $10,300) and it is subject to a $100 negative Market Value Adjustment, the withdrawal amount would be adjusted to $10,200.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• However, if it were subject to a negative $500 Market Value Adjustment, the withdrawal would be adjusted to $10,100 (i.e. the Fixed Account Minimum Value), so that it does not invade the Fixed Account Minimum Value.

Immediately after the latter withdrawal example, there will be no difference between your Contract Value in the Fixed Account and Fixed Account Minimum Value, and no negative Market Value Adjustments will apply on subsequent withdrawals until the Contract Value in the Fixed Account grows to be larger than the Fixed Account Minimum Value.

**Underwriters**

The Contracts are offered continuously and are distributed by Jackson National Life Distributors LLC (JNLD), 300 Innovation Drive, Franklin, Tennessee 37067. JNLD is a subsidiary of Jackson.

For Perspective II<sup>®</sup> contracts, the aggregate amount of commissions paid to broker-dealers was $62,234,332 in 2023,$70,945,655 in 2024, and $72,612,196 in 2025. JNLD did not retain any portion of the commissions.

**Calculation of Performance**

When Jackson of NY advertises performance for an Investment Division (except the JNL/Dreyfus Government Money Market Division), we will include quotations of standardized average annual total return to facilitate comparison with standardized average annual total return advertised by other variable annuity separate accounts. Standardized average annual total return for an Investment Division will be shown for periods beginning on the date the Investment Division first invested in the corresponding Fund. We will calculate standardized average annual total return according to the standard methods prescribed by rules of the Securities and Exchange Commission.

Standardized average annual total return for a specific period is calculated by taking a hypothetical $1,000 investment in an Investment Division at the offering on the first day of the period ("initial investment") and computing the average annual compounded rate of return for the period that would equate the initial investment with the ending redeemable value ("redeemable value") of that investment at the end of the period, carried to at least the nearest hundredth of a percent. Standardized average annual total return is annualized and reflects the deduction of all recurring charges that are charged to all Contracts. The redeemable value also reflects the effect of any applicable withdrawal charge or other charge that may be imposed at the end of the period. No deduction is made for premium taxes that may be assessed by certain states.

Jackson of NY may also advertise non-standardized total return on an annualized and cumulative basis. Non-standardized total return may be for periods other than those required to be presented or may otherwise differ from standardized average annual total return. The Contract is designed for long-term investment; therefore, Jackson of NY believes that non-standardized total return that does not reflect the deduction of any applicable withdrawal charge may be useful to investors. Reflecting the deduction of the withdrawal charge decreases the level of performance advertised. Non-standardized total return may also assume a larger initial investment that more closely approximates the size of a typical Contract.

Standardized average annual total return quotations will be current to the last day of the calendar quarter preceding the date on which an advertisement is submitted for publication. Both standardized average annual total return quotations and non-standardized total

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return quotations will be based on rolling calendar quarters and will cover at least periods of one, five, and ten years, or a period covering the time the Investment Division has been in existence, if it has not been in existence for one of the prescribed periods.

Quotations of standardized average annual total return and non-standardized total return are based upon historical earnings and will fluctuate. Any quotation of performance should not be considered a guarantee of future performance. Factors affecting the performance of an Investment Division and its corresponding Fund include general market conditions, operating expenses and investment management. An Owner's withdrawal value upon surrender of a Contract may be more or less than its original cost.

Jackson of NY may advertise the current annualized yield for a 30-day period for an Investment Division. The annualized yield of an Investment Division refers to the income generated by the Investment Division over a specified 30-day period. Because this yield is annualized, the yield generated by an Investment Division during the 30-day period is assumed to be generated each 30-day period. The yield is computed by dividing the net investment income per Accumulation Unit earned during the period by the price per unit on the last day of the period, according to the following formula:

![saigraphica52.jpg](ck0001045032-20260421_g1.jpg)

Where:

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| | | |
|:---|:---|:---|
| a | = | net investment income earned during the period by the Fund attributable to shares owned by the Investment Division. |
| b | = | expenses for the Investment Division accrued for the period (net of reimbursements). |
| c | = | the average daily number of Accumulation Units outstanding during the period. |
| d | = | the maximum offering price per Accumulation Unit on the last day of the period. |

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The maximum withdrawal charge is 7%.

Net investment income will be determined in accordance with rules established by the Securities and Exchange Commission. Accrued expenses will include all recurring fees that are charged to all Contracts.

Because of the charges and deductions imposed by the Separate Account, the yield for an Investment Division will be lower than the yield for the corresponding Fund. The yield on amounts held in the Investment Divisions normally will fluctuate over time. Therefore, the disclosed yield for any given period is not an indication or representation of future yields or rates of return. An Investment Division's actual yield will be affected by the types and quality of portfolio securities held by the Fund and the Funds operating expenses.

Any current yield quotations of the JNL/Dreyfus Government Money Market Division will consist of a seven calendar day historical yield, carried at least to the nearest hundredth of a percent. We may advertise yield for the Division based on different time periods, but we will accompany it with a yield quotation based on a seven day calendar period. The JNL/Dreyfus Government Money Market Division's yield will be calculated by determining the net change, exclusive of capital changes, in the value of a hypothetical pre-existing account having a balance of one Accumulation Unit at the beginning of the base period, subtracting a hypothetical charge reflecting deductions from Contracts, and dividing the net change in account value by the value of the account at the beginning of the period to obtain a base period return and multiplying the base period return by (365/7). The JNL/Dreyfus Government Money Market Division's effective yield is computed similarly but includes the effect of assumed compounding on an annualized basis of the current yield quotations of the Division.

The JNL/Dreyfus Government Money Market Division's yield and effective yield will fluctuate daily. Actual yields will depend on factors such as the type of instruments in the Fund's portfolio, portfolio quality and average maturity, changes in interest rates, and the Fund's expenses. Although the Investment Division determines its yield on the basis of a seven calendar day period, it may use a different time period on occasion. The yield quotes may reflect the expense limitations described in the Fund's Prospectus or Statement of Additional Information. There is no assurance that the yields quoted on any given occasion will be maintained for any period of time and there is no guarantee that the net asset values will remain constant. It should be noted that neither a Contract Owner's investment in the JNL/Dreyfus Government Money Market Division nor that Division's investment in the JNL/Dreyfus

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Government Money Market Division is guaranteed or insured. Yields of other money market Funds may not be comparable if a different base or another method of calculation is used.

**Additional Tax Information**

NOTE: INFORMATION CONTAINED HEREIN SHOULD NOT BE SUBSTITUTED FOR THE ADVICE OF A PERSONAL TAX ADVISER. JACKSON OF NY DOES NOT MAKE ANY GUARANTEE REGARDING THE TAX STATUS OF ANY CONTRACT OR ANY TRANSACTION INVOLVING THE CONTRACTS. PURCHASERS BEAR THE COMPLETE RISK THAT THE CONTRACTS MAY NOT BE TREATED AS "ANNUITY CONTRACTS" UNDER FEDERAL INCOME TAX LAWS. IT SHOULD BE FURTHER UNDERSTOOD THAT THE FOLLOWING DISCUSSION IS NOT EXHAUSTIVE AND THAT OTHER SPECIAL RULES MAY BE APPLICABLE IN CERTAIN SITUATIONS. MOREOVER, NO ATTEMPT HAS BEEN MADE TO CONSIDER ANY APPLICABLE STATE OR OTHER TAX LAWS OR TO COMPARE THE TAX TREATMENT OF THE CONTRACTS TO THE TAX TREATMENT OF ANY OTHER INVESTMENT.

*Jackson of NY's Tax Status*

Jackson of NY is taxed as a life insurance company under the Internal Revenue Code of 1986, as amended (the "Code"). For federal income tax purposes, the Separate Account is not a separate entity from Jackson of NY and its operations form a part of Jackson of NY.

*Taxation of Annuity Contracts in General*

Section 72 of the Code governs the taxation of annuities in general. An individual Owner is not taxed on increases in the value of a Contract until distribution occurs, either in the form of a withdrawal or as annuity payments under the annuity option elected. For a withdrawal received as a total surrender (total redemption or a death benefit), the recipient is taxed on the portion of the payment that exceeds the cost basis of the Contract. For a payment received as a partial withdrawal from a non-qualified Contract, federal tax liability is generally determined on a last-in, first-out basis, meaning taxable income is withdrawn before the cost basis of the Contract is withdrawn. Generally, withdrawals under a tax-qualified contract are taxable as ordinary income. For Contracts issued in connection with non-qualified plans, the cost basis is generally the Premiums, while for Contracts issued in connection with tax-qualified plans there may be no cost basis. The taxable portion of a withdrawal is taxed at ordinary income tax rates. Tax penalties may also apply.

For annuity payments, a portion of each payment in excess of an exclusion amount is includable in taxable income. All annuity payments in excess of the exclusion amount are fully taxable at ordinary income rates.

The exclusion amount for payments based on a fixed annuity option is determined by multiplying the payment by the ratio that the cost basis of the Contract (adjusted for any period certain or refund feature) bears to the expected return under the Contract. The exclusion amount for payments based on a variable annuity option is determined by dividing the cost basis of the Contract (adjusted for any period certain or refund guarantee) by the fixed or estimated number of years for which annuity payments are to be made. No exclusion is allowed with respect to any payments received after the investment in the Contract has been recovered (i.e., when the total of the excludable amounts equals the investment in the Contract). For certain types of tax-qualified plans there may be no cost basis in the Contract within the meaning of Section 72 of the Code.

Owners, Annuitants and Beneficiaries under the Contracts should seek competent financial advice about the tax consequences of distributions.

*Medicare Tax on Net Investment Income*

As of 2013, the taxable portion of distributions from a non-qualified annuity Contract are considered investment income for purposes of the Medicare tax on investment income. As a result, a 3.8% tax will generally apply to some or all of the taxable portion of distributions to individuals whose modified adjusted gross income exceeds certain threshold amounts. These levels are $200,000 in the case of unmarried taxpayers, $250,000 in the case of married taxpayers filing joint returns, and $125,000 in the case of married taxpayers filing separately. Owners should consult their own tax advisers for more information.

*Withholding Tax on Distributions*

The Code generally requires Jackson of NY (or, in some cases, a plan administrator) to withhold tax on the taxable portion of any distribution or withdrawal from a Contract. For "eligible rollover distributions" from Contracts issued under certain types of tax-qualified plans, 20% of the distribution must be withheld, unless the payee elects to have the distribution "rolled over" to another eligible plan in a direct transfer. This requirement is mandatory and cannot be waived by the Owner.

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An "eligible rollover distribution" is the taxable portion of any amount received by a covered employee from a plan qualified under Section 401(a) or 403(a) of the Code, from a tax sheltered annuity qualified under Section 403(b) of the Code or an eligible deferred compensation plan of a state or local government under Section 457(b) of the Code (other than (1) a series of substantially equal periodic payments (not less frequently than annually) for the life (or life expectancy) of the employee, or joint lives (or joint life expectancies) of the employee, and his or her designated Beneficiary, or for a specified period of ten years or more; (2) minimum distributions required to be made under the Code; and (3) hardship withdrawals). Failure to "roll over" the entire amount of an eligible rollover distribution (including the amount equal to the 20% portion of the distribution that was withheld) could have adverse tax consequences, including the imposition of a penalty tax on premature withdrawals, described later in this section.

Withdrawals or distributions from a Contract other than eligible rollover distributions are also subject to withholding on the taxable portion of the distribution, but the Owner may elect in such cases to waive the withholding requirement. If not waived, withholding is imposed (1) for periodic payments, at the rate that would be imposed if the payments were wages, or (2) for other distributions, at the rate of 10%. If no withholding exemption certificate is in effect for the payee, the rate under (1) above is computed as if the payee had checked the box for "Single" in Step 1(c) and had no entries in Step 2, Step 3, and Step 4 on Internal Revenue Service Form W-4P, or under the currently applicable federal tax rules.

Generally, the amount of any payment of interest to a non-resident alien of the United States shall be subject to withholding of a tax equal to 30% of such amount or, if applicable, a lower treaty rate. A payment may not be subject to withholding where the recipient sufficiently establishes that such payment is effectively connected to the recipient's conduct of a trade or business in the United States and such payment is included in the recipient's gross income.

*Diversification -- Separate Account Investments*

Section 817(h) of the Code imposes certain asset diversification standards on variable annuity contracts. The Code provides that a variable annuity Contract will not be treated as an annuity Contract for any period (and any subsequent period) for which the investments held in any segregated asset account underlying the Contract are not adequately diversified, in accordance with regulations prescribed by the United States Treasury Department ("Treasury Department"). Disqualification of the Contract as an annuity Contract would result in imposition of federal income tax to the Owner with respect to earnings allocable to the Contract prior to the receipt of payments under the Contract. The Code contains a safe harbor provision which provides that annuity contracts, such as the Contracts, meet the diversification requirements if, as of the last day of each calendar quarter, or within 30 days after such last day, the underlying assets meet the diversification standards for a regulated investment company, and no more than 55% of the total assets consist of cash, cash items, U.S. government securities and securities of other regulated investment companies.

The Treasury Department has issued Regulations establishing diversification requirements for the mutual Funds underlying variable Contracts. These Regulations amplify the diversification requirements for variable Contracts set forth in the Code and provide an alternative to the safe harbor provision described above. Under these Regulations, a mutual Fund will be deemed adequately diversified if (1) no more than 55% of the value of the total assets of the mutual Fund is represented by any one investment; (2) no more than 70% of the value of the total assets of the mutual Fund is represented by any two investments; (3) no more than 80% of the value of the total assets of the mutual Fund is represented by any three investments; and (4) no more than 90% of the value of the total assets of the mutual Fund is represented by any four investments.

Jackson of NY intends that each Fund of the JNL Series Trust will be managed by its respective investment adviser in such a manner as to comply with these diversification requirements.

At the time the Treasury Department issued the diversification Regulations, it did not provide guidance regarding the circumstances under which Contract Owner control of the investments of a segregated asset account would cause the Contract Owner to be treated as the Owner of the assets of the segregated asset account. Revenue Ruling 2003-91 provides such guidance by describing the circumstances under which the Owner of a variable contract will not possess sufficient control over the assets underlying the contract to be treated as the Owner of those assets for federal income tax purposes.

Rev. Rul. 2003-91 considered certain variable annuity and variable life insurance contracts and held that the types of actual and potential control that the Contract Owners could exercise over the investment assets held by the insurance company under these variable contracts was not sufficient to cause the Contract Owners to be treated as the Owners of those assets and thus to be subject to current income tax on the income and gains produced by those assets. Under the contracts in Rev. Rul. 2003-91 there was no arrangement, plan, contract or agreement between the Contract Owner and the insurance company regarding the availability of a particular investment option and other than the Contract Owner's right to allocate Premiums and transfer funds among the available sub-accounts, all investment decisions concerning the sub-accounts were made by the insurance company or an advisor in its sole and absolute discretion. Twelve investment options were available under the contracts in Rev. Rul. 2003-91 although the insurance company had the right to increase (but to no more than 20) or decrease the number of sub-accounts at any time. The Contract Owner

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was permitted to transfer amounts among the various investment options without limitation, subject to incurring fees for more than one transfer per 30-day period.

Like the contracts described in Rev. Rul. 2003-91, under the Contract there will be no arrangement, plan, contract or agreement between a Contract Owner and Jackson of NY regarding the availability of a particular Allocation Option and other than the Contract Owner's right to allocate Premiums and transfer funds among the available Allocation Options, all investment decisions concerning the Allocation Options will be made by Jackson of NY or an advisor in its sole and absolute discretion. The Contract will differ from the contracts described in Rev. Rul. 2003-91 in two respects. The first difference is that the contracts described in Rev. Rul. 2003-91 provided only 12 investment options with the insurance company having the ability to add an additional 8 options whereas the Contract currently offers 121 Investment Divisions and at least one Fixed Account Option, and, if more than 99 options are offered, a Contract Owner's Contract Value can be allocated to no more than 99 variable and fixed options at any one time. The second difference is that the Owner of a contract in Rev. Rul. 2003-91 could only make one transfer per 30-day period without a fee whereas during the accumulation phase, a Contract Owner can make 25 transfers in any one year without a charge.

Rev. Rul. 2003-91 states that whether the Owner of a variable contract is to be treated as the Owner of the assets held by the insurance company under the Contract will depend on all of the facts and circumstances. Jackson of NY does not believe that the differences between the Contract and the contracts described in Rev. Rul. 2003-91 with respect to the number of investment choices and the number of investment transfers that can be made under the Contract without an additional charge should prevent the holding in Rev. Rul. 2003-91 from applying to the Owner of a Contract. At this time, however, it cannot be determined whether additional guidance will be provided by the IRS on this issue and what standards may be contained in such guidance. Jackson of NY reserves the right to modify the Contract to the extent required to maintain favorable tax treatment.

*Multiple Contracts*

The Code provides that multiple non-qualified annuity Contracts that are issued within a calendar year to the same Contract Owner by one company or its affiliates are treated as one annuity Contract for purposes of determining the tax consequences of any distribution. Such treatment may result in adverse tax consequences including more rapid taxation of the distributed amounts from such multiple Contracts. For purposes of this rule, Contracts received in a Section 1035 exchange will be considered issued in the year of the exchange. Owners should consult a tax adviser prior to purchasing more than one annuity Contract in any calendar year.

*Partial 1035 Exchanges*

In accordance with Revenue Procedure 2011-38, the IRS will consider a partial exchange of an annuity Contract for another annuity Contract valid if there is either no withdrawal from, or surrender of, either the surviving annuity contract or the new annuity contract within 180 days of the date of the partial exchange. Revenue Procedure 2011-38 also provides certain exceptions to the 180 day rule. Due to the complexity of these rules, Owners are encouraged to consult their own tax advisers prior to entering into a partial exchange of an annuity Contract.

*Contracts Owned by Other than Natural Persons*

Under Section 72(u) of the Code, the investment earnings on Premiums for Contracts will be taxed currently to the Owner if the Owner is a legal entity, e.g., a corporation or certain other entities. Such Contracts generally will not be treated as annuities for federal income tax purposes (except for the taxation of life insurance companies). However, this treatment is not applied to Contracts held by a trust or other entity as an agent for a natural person nor to Contracts held by certain tax-qualified plans. Purchasers should consult their own tax counsel or other tax adviser before purchasing a Contract to be owned by a legal entity.

*Tax Treatment of Assignments*

An assignment or pledge of a Contract may have tax consequences. Any assignment or pledge of a tax-qualified Contract may also be prohibited by ERISA in some circumstances. Owners should, therefore, consult competent legal advisers should they wish to assign or pledge their Contracts.

An assignment or pledge of all or any portion of the value of a Non-Qualified Contract is treated under Section 72 of the Code as an amount not received as an annuity. The total value of the Contract assigned or pledged that exceeds the aggregate Premiums paid will be included in the individual's gross income. In addition, the amount included in the individual's gross income could also be subject to the 10% penalty tax discussed below under Non-Qualified Contracts.

An assignment or pledge of all or any portion of the value of a Qualified Contract will disqualify the Qualified Contract. If the Qualified Contract is part of a qualified pension or profit-sharing plan, the Code prohibits the assignment or alienation of benefits provided under the plan. If the Qualified Contract is an IRA annuity or a 403(b) annuity, the Code requires the Qualified Contract to

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be nontransferable. If the Qualified Contract is part of an eligible deferred compensation plan, amounts cannot be made available to plan participants or beneficiaries: (1) until the calendar year in which the participant attains age 70½; (2) when the participant has a severance from employment; or (3) when the participant is faced with an unforeseeable emergency.

*Death Benefits*

Any death benefits paid under the Contract are taxable to the Beneficiary. The rules governing the taxation of payments from an annuity Contract, as discussed above, generally apply to the payment of death benefits and depend on whether the death benefits are paid as a lump sum or as annuity payments. Estate or gift taxes may also apply.

*Tax-Qualified Plans*

The Contracts offered by the Prospectus are designed to be suitable for use under various types of tax-qualified plans. Taxation of Owners of a tax-qualified Contract will vary based on the type of plan and the terms and conditions of each specific plan. Owners, Annuitants and Beneficiaries are cautioned that benefits under a tax-qualified Contract may be subject to the terms and conditions of the plan, regardless of the terms and conditions of the Contracts issued to fund the plan. Owners, Annuitant and Beneficiaries are also reminded that a tax-qualified Contract will not provide any necessary or additional tax deferral if it is used to fund a tax-qualified plan that is already tax-deferred.

*Tax Treatment of Withdrawals*

<u>Non-Qualified Contracts</u>

Section 72 of the Code governs treatment of distributions from annuity Contracts. It provides that if the Contract Value exceeds the aggregate Premiums made, any amount withdrawn not in the form of an annuity payment will be treated as coming first from the earnings and then, only after the income portion is exhausted, as coming from the principal. Withdrawn earnings are included in a taxpayer's gross income. Section 72 further provides that a 10% penalty will apply to the income portion of any distribution. The penalty is not imposed on amounts received: (1) after the taxpayer reaches 59 1/2; (2) upon the death of the Owner; (3) if the taxpayer is totally disabled as defined in Section 72(m)(7) of the Code; (4) in a series of substantially equal periodic payments made at least annually for the life (or life expectancy) of the taxpayer or for the joint lives (or joint life expectancies) of the taxpayer and his Beneficiary; (5) under an immediate annuity; or (6) which are allocable to Premium payments made prior to August 14, 1982.

With respect to (4) above, if the series of substantially equal periodic payments is modified before the later of your attaining age 59 ½ or five years from the date of the first periodic payment, then the tax for the year of the modification is increased by an amount equal to the tax which would have been imposed (the 10% penalty tax) but for the exception, plus interest for the tax years in which the exception was used.

<u>Tax-Qualified Contracts</u>

In the case of a withdrawal under a tax-qualified Contract, a ratable portion of the amount received is taxable, generally based on the ratio of the individual's cost basis to the individual's total accrued benefit under the retirement plan. Special tax rules may be available for certain distributions from a tax-qualified Contract. Section 72(t) of the Code imposes a 10% penalty tax on the taxable portion of any distribution from qualified retirement plans, including Contracts issued and qualified under Code Sections 401 (pension and profit sharing plans), 403(b) (tax-sheltered annuities), individual retirement accounts and annuities under 408(a) and (b) (IRAs) and Roth IRAs under 408A. To the extent amounts are not included in gross income because they have been rolled over to an IRA or to another eligible qualified plan, no tax penalty will be imposed.

The tax penalty will not apply to the following distributions: (1) distributions made on or after the date on which the Owner or Annuitant (as applicable) reaches age 59 1/2; (2) distributions following the death or disability of the Owner or Annuitant (as applicable) (for this purpose "disability" is defined in Section 72(m)(7) of the Code); (3) distributions that are part of a series of substantially equal periodic payments made not less frequently than annually for the life (or life expectancy) of the Owner or Annuitant (as applicable) or the joint lives (or joint life expectancies) of such Owner or Annuitant (as applicable) and his or her designated Beneficiary; (4) distributions to an Owner or Annuitant (as applicable) who has separated from service after he or she has attained age 55; (5) distributions made to the Owner or Annuitant (as applicable) to the extent such distributions do not exceed the amount allowable as a deduction under Code Section 213 to the Owner or Annuitant (as applicable) for amounts paid during the taxable year for medical care; (6) distributions made to an alternate payee pursuant to a qualified domestic relations order; (7) distributions made on account of an IRS levy upon the qualified Contracts; (8) distributions from an IRA after separation from employment for the purchase of medical insurance (as described in Section 213(d)(1)(D) of the Code) for the Contract Owner or Annuitant (as applicable) and his or her spouse and dependents if the Contract Owner or Annuitant (as applicable) has received unemployment compensation for at least 12 weeks (this exception will no longer apply after the Contract Owner or Annuitant (as

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applicable) has been re-employed for at least 60 days); (9) distributions from an IRA made to the Owner or Annuitant (as applicable) to the extent such distributions do not exceed the qualified higher education expenses (as defined in Section 72(t)(7) of the Code) (as applicable) for the taxable year; (10) distributions from an IRA made to the Owner or Annuitant (as applicable) which are qualified first time home buyer distributions (as defined in Section 72(t)(8) of the Code); and (11) distributions up to $5,000 for a qualified birth or adoption. The exceptions stated in items (4) and (6) above do not apply in the case of an IRA. The exception stated in (3) above applies to an IRA without the requirement that there be a separation from service.

With respect to (3) above, if the series of substantially equal periodic payments is modified before the later of your attaining age 59 1/2 or five years from the date of the first periodic payment, then the tax for the year of the modification is increased by an amount equal to the tax which would have been imposed (the 10% penalty tax) but for the exception, plus interest for the tax years in which the exception was used.

Withdrawals of amounts attributable to contributions made pursuant to a salary reduction agreement (in accordance with Section 403(b)(11) of the Code) are limited to the following: when the Owner attains age 59 1/2, severs employment, dies, becomes disabled (within the meaning of Section 72(m)(7) of the Code), or in the case of hardship. Hardship withdrawals do not include any earnings on salary reduction contributions. These limitations on withdrawals apply to: (1) salary reduction contributions made after December 31, 1988; (2) income attributable to such contributions; and (3) income attributable to amounts held as of December 31, 1988. The limitations on withdrawals do not affect rollovers or exchanges between certain tax-qualified plans. Tax penalties may also apply. While the foregoing limitations only apply to certain Contracts issued in connection with Section 403(b) plans, all Owners should seek competent tax advice regarding any withdrawals or distributions.

The taxable portion of a withdrawal or distribution from tax-qualified Contracts may, under some circumstances, be "rolled over" into another eligible plan so as to continue to defer income tax on the taxable portion. Such treatment is available for an "eligible rollover distribution" made by certain types of plans (as described above under "Taxes - Withholding Tax on Distributions") that is transferred within 60 days of receipt into another eligible plan or an IRA. Plans making such eligible rollover distributions are also required, with some exceptions specified in the Code, to provide for a direct transfer of the distribution to the transferee plan designated by the recipient.

Amounts received from IRAs may also be rolled over into other IRAs or certain other plans, subject to limitations set forth in the Code.

Prior to the date that annuity payments begin under an annuity Contract, the Required Minimum Distribution rules applicable to defined contribution plans and IRAs will be used. Generally, distributions from a tax-qualified plan or IRA must commence no later than April 1 of the calendar year following the calendar year in which the employee attains the applicable age as noted in the table below or the date of retirement. Required distributions from defined contribution plans and IRAs are determined by dividing the account balance by the appropriate distribution period found in a uniform lifetime distribution table set forth in IRS regulations. For this purpose, the entire interest under an annuity Contract is the account value under the Contract plus the actuarial value of any other benefits such as guaranteed death benefits that will be provided under the Contract.

The triggering age at which you must begin taking distributions under traditional Individual Retirement Annuities and tax-qualified plans change periodically. See below for a table of past age requirements and planned future changes to age requirements for beginning these required minimum distributions.

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**If you were born:** | **Your "applicable age" is:** |
| Before July 1, 1949 | 70½ |
| After June 30, 1949 and before 1951 | 72 |
| After 1950 and before 1960 | 73 |
| In 1960 or later | 75 |

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If the sole Beneficiary is the Contract holder employee's spouse and the spouse is more than 10 years younger than the employee, a longer distribution period measured by the joint life and last survivor expectancy of the Contract holder employee and spouse is permitted to be used. Distributions under a defined benefit plan or an annuity Contract must be paid in the form of periodic annuity payments for the employee's life (or the joint lives of the employee and Beneficiary) or over a period certain that does not exceed the period under the uniform lifetime table for the employee's age in the year in which the annuity starting date occurs. If you fail to take your full RMD for a year, you will be subject to a 25% excise tax on any shortfall. This excise tax is reduced to 10% if a distribution of the shortfall is made within two years and prior to the date the excise tax is assessed or imposed by the IRS.

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*Types of Tax-Qualified Plans*

The Contracts offered herein are designed to be suitable for use under various types of tax-qualified plans. Taxation of participants in each tax-qualified plan varies with the type of plan and terms and conditions of each specific plan. Owners, Annuitants and Beneficiaries are cautioned that benefits under a tax-qualified plan may be subject to the terms and conditions of the plan regardless of the terms and conditions of the Contracts issued pursuant to the plan. Some retirement plans are subject to distribution and other requirements that are not incorporated into Jackson of NY's administrative procedures. Jackson of NY is not bound by the terms and conditions of such plans to the extent such terms conflict with the terms of a Contract, unless Jackson of NY specifically consents to be bound. Owners, Annuitants and Beneficiaries are responsible for determining that contributions, distributions and other transactions with respect to the Contracts comply with applicable law.

A tax-qualified Contract will not provide any necessary or additional tax deferral if it is used to fund a tax-qualified plan that is tax deferred. However, the Contract has features and benefits other than tax deferral that may make it an appropriate investment for a tax-qualified plan. Following are general descriptions of the types of tax-qualified plans with which the Contracts may be used. Such descriptions are not exhaustive and are for general informational purposes only. The tax rules regarding tax-qualified plans are very complex and will have differing applications depending on individual facts and circumstances. Each purchaser should obtain competent tax advice prior to purchasing a Contract issued under a tax-qualified plan.

Contracts issued pursuant to tax-qualified plans include special provisions restricting Contract provisions that may otherwise be available as described herein. Generally, Contracts issued pursuant to tax-qualified plans are not transferable except upon surrender or annuitization. Various penalty and excise taxes may apply to contributions or distributions made in violation of applicable limitations. Furthermore, certain withdrawal penalties and restrictions may apply to surrenders from Tax-Qualified Contracts. (See "Tax Treatment of Withdrawals - Tax-Qualified Contracts" above.)

On July 6, 1983, the Supreme Court decided in *Arizona Governing Committee v. Norris* that benefits provided under an employer's deferred compensation plan could not, under Title VII of the Civil Rights Act of 1964, vary between men and women. The Contracts sold by Jackson of NY in connection with certain Tax-Qualified Plans will utilize tables that do not differentiate on the basis of sex. Such annuity tables will also be available for use in connection with certain non-qualified deferred compensation plans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Tax-Sheltered Annuities

Section 403(b) of the Code permits the purchase of "tax-sheltered annuities" by public schools and certain charitable, educational and scientific organizations described in Section 501(c)(3) of the Code. These qualifying employers may make contributions to the Contracts for the benefit of their employees. Such contributions are not included in the gross income of the employee until the employee receives distributions from the Contract. The amount of contributions to the tax-sheltered annuity is limited to certain maximums imposed by the Code. Furthermore, the Code sets forth additional restrictions governing such items as transferability, distributions, non-discrimination and withdrawals. Employee loans are not allowed under these Contracts. Any employee should obtain competent tax advice as to the tax treatment and suitability of such an investment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Individual Retirement Annuities

Section 408(b) of the Code permits eligible individuals to contribute to an individual retirement program known as an "individual retirement annuity" ("IRA annuity"). Under applicable limitations, certain amounts may be contributed to an IRA annuity that will be deductible from the individual's gross income. IRA annuities are subject to limitations on eligibility, contributions, transferability and distributions. Sales of IRA annuities are subject to special requirements imposed by the Code, including the requirement that certain informational disclosure be given to persons desiring to establish an IRA. Purchasers of Contracts to be qualified as IRA annuities should obtain competent tax advice as to the tax treatment and suitability of such an investment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Roth IRA Annuities

Section 408A of the Code provides that individuals may purchase a non-deductible IRA annuity, known as a Roth IRA annuity. Contribution premium payments for Roth IRA annuities are limited to a maximum of $7,500 for 2026. The limit may be adjusted annually for inflation in $500 increments. In addition, the Act allows individuals age 50 and older to make additional catch-up IRA contributions. The otherwise maximum contribution limit (before application of adjusted gross income phase-out limits) for an individual who had celebrated his or her 50th birthday before the end of the tax year is increased by $1,000. The same contribution and catch-up contributions are also available for purchasers of Traditional IRA annuities.

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Lower maximum limitations apply to individuals above certain adjusted gross income levels. For 2026, these levels are $153,000 in the case of unmarried taxpayers, $242,000 in the case of married taxpayers filing joint returns, and $0 in the case of married taxpayers filing separately.

Qualified distributions from Roth IRA annuities are free from federal income tax. A qualified distribution requires that the individual has held the Roth IRA annuity for at least five years and, in addition, that the distribution is made either after the individual reaches age 59 1/2, on the individual's death or disability, or as a qualified first-time home purchase, subject to a $10,000 lifetime maximum, for the individual, a spouse, child, grandchild, or ancestor. Any distribution that is not a qualified distribution is taxable to the extent of earnings in the distribution. Distributions are treated as made from contributions first and therefore no distributions are taxable until distributions exceed the amount of contributions to the Roth IRA annuity. The 10% penalty tax and the regular IRA annuity exceptions to the 10% penalty tax apply to taxable distributions from Roth IRA annuities.

Amounts may be rolled over from one Roth IRA annuity to another Roth IRA annuity. Furthermore, an individual may make a rollover contribution from a non-Roth IRA annuity to a Roth IRA annuity. The individual must pay tax on any portion of the IRA annuity being rolled over that would be included in income if the distributions were not rolled over. There are no similar limitations on rollovers from one Roth IRA annuity to another Roth IRA annuity. These rules are complicated and purchasers should consult a tax advisor before engaging in Roth Conversions or transfers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Pension and Profit-Sharing Plans

The Internal Revenue Code permits employers, including self-employed individuals, to establish various types of qualified retirement plans for employees. These retirement plans may permit the purchase of the Contracts to provide benefits under the plan. Contributions to the plan for the benefit of employees will not be included in the gross income of the employee until distributed from the plan. The tax consequences to Owners may vary depending upon the particular plan design. However, the Code places limitations on all plans on such items as amount of allowable contributions; form, manner and timing of distributions; vesting and non-forfeitability of interests; nondiscrimination in eligibility and participation; and the tax treatment of distributions, transferability of benefits, withdrawals and surrenders. Purchasers of Contracts for use with pension or profit sharing plans should obtain competent tax advice as to the tax treatment and suitability of such an investment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Eligible Deferred Compensation Plans -- Section 457

Under Code provisions, employees and independent contractors performing services for state and local governments and other tax-exempt organizations may participate in eligible deferred compensation plans under Section 457 of the Code. The amounts deferred under a Plan that meets the requirements of Section 457 of the Code are not taxable as income to the participant until paid or otherwise made available to the participant or Beneficiary. As a general rule, the maximum amount that can be deferred in any one year is the lesser of 100% of the participant's includable compensation or the $24,500 elective deferral limitation in 2026. The limit is indexed for inflation in $500 increments annually. In addition, the Act allows individuals in eligible deferred compensation plans of state or local governments age 50 and older to make additional catch-up contributions. The otherwise maximum contribution limit for an individual who had celebrated his or her 50th birthday before the end of the tax year is increased by $8,000. For those aged 60-63, the contribution maximum limit is increased by $11,250. The same contribution and catch-up contributions are also available for participants in qualified pension and profit-sharing plans and tax-sheltered annuities under Section 403(b) of the Code.

In limited circumstances, the plan may provide for additional catch-up contributions in each of the last three years before normal retirement age. Furthermore, the Code provides additional requirements and restrictions regarding eligibility and distributions.

All of the assets and income of an eligible deferred compensation plan established by a governmental employer must be held in trust for the exclusive benefit of participants and their beneficiaries. For this purpose, custodial accounts and certain annuity Contracts are treated as trusts. The requirement of a trust does not apply to amounts under a Plan of a tax-exempt (non-governmental) employer. In addition, the requirement of a trust does not apply to amounts under a Plan of a governmental employer if the Plan is not an eligible plan within the meaning of section 457(b) of the Code. In the absence of such a trust, amounts under the plan will be subject to the claims of the employer's general creditors.

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In general, distributions from a Plan are prohibited under section 457 of the Code unless made after the participant:

*•* attains age 70½;

•  severs employment;

•  dies; or

•  is faced with an unforeseeable financial emergency as defined in the regulations.

Under present federal tax law, amounts accumulated in a Plan of a tax-exempt (non-governmental) employer under section 457 of the Code cannot be transferred or rolled over on a tax-deferred basis except for certain transfers to other Plans under Section 457. Amounts accumulated in a Plan of a state or local government employer may be transferred or rolled over to another eligible deferred compensation plan of a state or local government, an IRA, a qualified pension or profit-sharing plan or a tax-sheltered annuity under Section 403(b) of the Code.

**Annuity Provisions**

*Variable Annuity Payment*

The initial annuity payment is determined by taking the Contract Value allocated to that Investment Division, less any premium tax and any applicable Contract charges, and then applying it to the income option table specified in the Contract. The appropriate rate must be determined by the sex (except where, as in the case of certain Qualified Plans and other employer-sponsored retirement plans, such classification is not permitted) and age of the Annuitant and designated second person, if any.

The dollars applied are divided by 1,000 and the result multiplied by the appropriate annuity factor appearing in the table to compute the amount of the first monthly payment. That amount is divided by the value of an Annuity Unit as of the Income Date to establish the number of Annuity Units representing each variable payment. The number of Annuity Units determined for the first variable payment remains constant for the second and subsequent monthly variable payments, assuming that no reallocation of Contract Values is made.

The amount of the second and each subsequent monthly variable payment is determined by multiplying the number of Annuity Units by the Annuity Unit value as of the Business Day next preceding the date on which each payment is due.

The mortality and expense experience will not adversely affect the dollar amount of the variable annuity payments once payments have commenced.

*Annuity Unit Value*

The initial value of an Annuity Unit of each Investment Division was set when the Investment Divisions were established. The value may increase or decrease from one Business Day to the next. The income option tables contained in the Contract are based on a 1.0% per annum assumed investment rate.

The value of a fixed number of Annuity Units will reflect the investment performance of the Investment Divisions elected, and the amount of each payment will vary accordingly.

For each Investment Division, the value of an Annuity Unit for any Business Day is determined by multiplying the Annuity Unit value for the immediately preceding Business Day by the percentage change in the value of an Accumulation Unit from the immediately preceding Business Day to the Business Day of valuation, calculated by use of the Net Investment Factor, described below. The result is then multiplied by a second factor which offsets the effect of the assumed net investment rate of 1.0% per annum.

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**Net Investment Factor**

The net investment factor is an index applied to measure the net investment performance of an Investment Division from one valuation date to the next. The net investment factor for any Investment Division for any valuation period during the accumulation and annuity phases is determined by dividing (a) by (b) and then subtracting (c) from the result where:

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| | | |
|:---|:---|:---|
| (a) | is the net result of: | is the net result of: |
|  | (1) | the net asset value of a Fund's share held in the Investment Division determined as of the valuation date at the end of the valuation period, plus |
|  | (2) | the per share amount of any dividend or other distribution declared by the Fund if the "ex-dividend" date occurs during the valuation period, plus or minus |
|  | (3) | a per share credit or charge with respect to any taxes paid or reserved for by Jackson of NY during the valuation period which are determined by Jackson of NY to be attributable to the operation of the Investment Division (no federal income taxes are applicable under present law); |
| (b) | is the net asset value of the Fund share held in the Investment Division determined as of the valuation date at the end of the preceding valuation period; and | is the net asset value of the Fund share held in the Investment Division determined as of the valuation date at the end of the preceding valuation period; and |
| (c) | is the asset charge factor determined by Jackson of NY for the valuation period to reflect the Core Contract Charge. | is the asset charge factor determined by Jackson of NY for the valuation period to reflect the Core Contract Charge. |

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Also see "Income Payments (The Income Phase)" in the Prospectus.

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**APPENDIX A: FINANCIAL STATEMENTS**

<u>[The financial statements for Depositor (Jackson National Life Insurance Company of New York) and Registrant (JNLNY Separate Account I) are incorporated herein by reference to Registrant's N-VPFS filing, filed on](https://www.sec.gov/Archives/edgar/data/1045032/000104503226000153/nysainvpfs0426.htm)[April 1](https://www.sec.gov/Archives/edgar/data/1045032/000104503226000153/nysainvpfs0426.htm)[5](https://www.sec.gov/Archives/edgar/data/1045032/000104503226000153/nysainvpfs0426.htm)[, 202](https://www.sec.gov/Archives/edgar/data/1045032/000104503226000153/nysainvpfs0426.htm)[6](https://www.sec.gov/Archives/edgar/data/1045032/000104503226000153/nysainvpfs0426.htm)[(File No. 811-08401).](https://www.sec.gov/Archives/edgar/data/1045032/000104503226000153/nysainvpfs0426.htm)</u> 

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**PART C**

**OTHER INFORMATION**

**Item 27. Exhibits**

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| | |
|:---|:---|
| Exhibit<br>No. | Description |
| (a) | Board of Directors Resolution. |
| (a)(1) | <u>[Resolution of Depositor's Board of Directors authorizing the establishment of the Registrant, incorporated herein by reference to the Registrant's Registration Statement filed on October 3, 1997 (File Nos. 333-37175 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/0000950124-97-005063.txt)</u>  |
| (b) | Custodian Agreements. Not Applicable. |
| (c) | Underwriting Contracts. |
| (c)(1) | <u>[Amended and Restated General Distributor Agreement dated June 1, 2006, incorporated herein by reference to the Registrant's Registration Statement filed on August 10, 2006 (File Nos. 333-136472 and 811-08664).](http://www.sec.gov/Archives/edgar/data/927730/000092773006000256/distagmt606.txt)</u> |
| (c)(2) | <u>[Specimen of Selling Agreement (N2565 06/14), incorporated herein by reference to Registrant's Post-Effective Amendment No. 13, filed on September 11, 2014 (File Nos. 333-183046 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000092773014000338/sellingagreement.htm)</u> |
| (d) | Contracts. |
| (d)(1) | <u>[Specimen of the Perspective II Variable and Fixed Annuity Contract (VA775NY), incorporated herein by reference to Registrant's Registration Statement, filed on December 14, 2018 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000300/va775nycontract.htm)</u> |
| (d)(2) | <u>[Specimen of Retirement Plan Endorsement (7275NY), incorporated herein by reference to the Registrant's Registration Statement filed on August 19, 2004 (File Nos. 333-118370 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000092773004000205/retirement7275ny.txt)</u> |
| (d)(3) | <u>[Specimen of Charitable Remainder Trust Endorsement (7487NY), incorporated herein by reference to the Registrant's Pre-Effective Amendment filed on December 30, 2004 (File Nos. 333-119659 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000092773004000323/crt_7487ny.txt)</u> |
| (d)(4) | <u>[Form of Non-Qualified Stretch Annuity Endorsement (7723NY), incorporated herein by reference to Registrant's Post-Effective Amendment No. 9, filed on September 11, 2014 (File Nos. 333-177298 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000092773014000346/endorsement.htm)</u> |
| (d)(5) | <u>[Form of Section 403(b) Tax Sheltered Annuity Endorsement (7725NY), incorporated herein by reference to Registrant's Post-Effective Amendment No. 15, filed on January 20, 2015 (File Nos. 333-183046 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000092773015000002/seven725ny.htm)</u> |
| (d)(6) | <u>[Form of Highest Anniversary Value Guaranteed Minimum Death Benefit (7733NY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on April 10, 2018 (File Nos. 333-217502 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000050/a7733ny.htm)</u> |
| (d)(7) | <u>[Form of Guaranteed Minimum Withdrawal Benefit (7737ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on April 10, 2018 (File Nos. 333-217502 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000050/a7737any.htm)</u> |
| (d)(8) | <u>[Form of For Life Guaranteed Minimum Withdrawal Benefit with Bonus and Annual Step-Up (7738ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on April 10, 2018 (File Nos. 333-217502 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000050/a7738any.htm)</u> |
| (d)(9) | <u>[Form of Joint For Life Guaranteed Minimum Withdrawal Benefit with Bonus and Annual Step-Up (7739ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on April 10, 2018 (File Nos. 333-217502 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000050/a7739any.htm)</u> |
| (d)(10) | <u>[Form of For Life Guaranteed Minimum Withdrawal Benefit with Bonus, Annual Step-Up and Earnings-Sensitive Withdrawal Amount (7741ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on April 10, 2018 (File Nos. 333-217502 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000050/a7741any.htm)</u> |

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| | |
|:---|:---|
| (d)(11) | <u>[Form of Joint For Life Guaranteed Minimum Withdrawal Benefit with Bonus, Annual Step-Up and Earnings-Sensitive Withdrawal Amount (7742ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on April 10, 2018 (File Nos. 333-217502 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000050/a7742any.htm)</u> |
| (d)(12) | <u>[Form of Individual Retirement Annuity Endorsement (ICC18 7715NY), incorporated herein by reference to Registrant's Registration Statement, filed on December 14, 2018 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000300/a7715nyira.htm)</u> |
| (d)(13) | <u>[Form of Roth Individual Retirement Annuity Endorsement (ICC18 7716NY), incorporated herein by reference to Registrant's Registration Statement, filed on December 14, 2018 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000300/a7716nyrothira.htm)</u> |
| (d)(14) | <u>[Form of Guaranteed Minimum Withdrawal Benefit With Step-Up (7748ANY), incorporated herein by reference to Registrant's Registration Statement, filed on December 14, 2018 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000300/a7748anyautoguard5.htm)</u> |
| (d)(15) | <u>[Form of For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits and Annual Step-Up (7754ANY), incorporated herein by reference to Registrant's Registration Statement, filed on December 14, 2018 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000300/a7754anylifeguardfreedom.htm)</u> |
| (d)(16) | <u>[Form of Joint For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits and Annual Step-Up (7755ANY), incorporated herein by reference to Registrant's Registration Statement, filed on December 14, 2018 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000300/a7755anylifeguardfreedom.htm)</u> |
| (d)(17) | <u>[Form of For Life Guaranteed Minimum Withdrawal Benefit With Deferral Credits, Annual Step-Up and Death Benefit (7756ANY), incorporated herein by reference to Registrant's Registration Statement, filed on December 14, 2018 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000300/a7756anylifeguardfreedom.htm)</u> |
| (d)(18) | <u>[Form of 4 Year Withdrawal Charge Schedule (7757NY), incorporated herein by reference to Registrant's Registration Statement, filed on December 14, 2018 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000300/a7757ny4yearwtihdrawalch.htm)</u> |
| (d)(19) | <u>[Form of Unisex Contract Endorsement (7763NY), incorporated herein by reference to Registrant's Registration Statement, filed on December 14, 2018 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000300/a7763nyunisexcontractend.htm)</u> |
| (d)(20) | <u>[Form of For Life Guaranteed Minimum Withdrawal Benefit with Bonus, Annual Step-Up and Highest Anniversary Value Death Benefit (7764ANY), incorporated herein by reference to Registrant's Registration Statement, filed on December 14, 2018 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000300/a7764anylifeguardfreedom.htm)</u> |
| (d)(21) | <u>[Form of For Life Guaranteed Minimum Withdrawal Benefit with \[5%, 6%, 7%\] Bonus and Annual Step-Up (ICC19 7765ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on June 7, 2019 (File Nos. 228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503219000192/icc197765anyendorsement.htm)</u> |
| (d)(22) | <u>[Form of For Life Guaranteed Minimum Withdrawal Benefit with \[5%, 6%, 7%\] Bonus and Annual Step-Up to Highest Quarterly Contract Value (ICC19 7766ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on June 7, 2019 (File Nos. 228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503219000192/icc197766anyendorsement.htm)</u> |
| (d)(23) | <u>[Form of Joint For Life Guaranteed Minimum Withdrawal Benefit with \[5%, 6%, 7%\] Bonus and Annual Step-Up (ICC19 7767ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on June 7, 2019 (File Nos. 228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503219000192/icc197767anyendorsement.htm)</u> |
| (d)(24) | <u>[Form of Joint For Life Guaranteed Minimum Withdrawal Benefit with \[5%, 6%, 7%\] Bonus and Annual Step-Up to Highest Quarterly Contract Value (ICC19 7768ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on June 7, 2019 (File Nos. 228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503219000192/icc197768anyendorsement.htm)</u> |
| (d)(25) | <u>[Form of For Life Guaranteed Minimum Withdrawal Benefit with \[6%\] Bonus, Annual Step-Up, and Death Benefit (ICC19 7769ANY), incorporated herein by reference to Registrant's Post-Effective Amendment No. 3, filed on February 28, 2019 (File Nos. 333-217502 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503219000012/a7769any.htm)</u> |
| (d)(26) | <u>[Form of For Life Guaranteed Minimum Withdrawal Benefit with \[6%\] Bonus, Annual Step-Up to Highest Quarterly Contract Value, and Death Benefit (LifeGuard Freedom Flex DB NY with Income Stream \[Value, Max\]) (ICC19 7770ANY), incorporated herein by reference to Registrant's Post-Effective Amendment No. 3, filed on February 28, 2019 (File Nos. 333-217502 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503219000012/a7770any.htm)</u> |

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| | |
|:---|:---|
| (d)(27) | <u>[Form of For Life Guaranteed Minimum Withdrawal Benefit with Bonus, Annual Step-Up, and Earnings-Sensitive Withdrawal Amount (ICC19 7771ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on June 7, 2019 (File Nos. 228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503219000192/icc197771anyendorsement.htm)</u> |
| (d)(28) | <u>[Form of For Life Guaranteed Minimum Withdrawal Benefit with Bonus, Annual Step-Up to Highest Quarterly Contract Value, and Earnings-Sensitive Withdrawal Amount (ICC19 7772ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on June 7, 2019 (File Nos. 228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503219000192/icc197772anyendorsement.htm)</u> |
| (d)(29) | <u>[Form of Joint For Life Guaranteed Minimum Withdrawal Benefit with Bonus, Annual Step-Up, and Earnings-Sensitive Withdrawal Amount (ICC19 7773ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on June 7, 2019 (File Nos. 228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503219000192/icc197773anyendorsement.htm)</u> |
| (d)(30) | <u>[Form of Joint For Life Guaranteed Minimum Withdrawal Benefit with Bonus, Annual Step-Up to Highest Quarterly Contract Value, and Earnings-Sensitive Withdrawal Amount (ICC19 7774ANY), incorporated herein by reference to Registrant's Pre-Effective Amendment No. 1, filed on June 7, 2019 (File Nos. 228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503219000192/icc197774anyendorsement.htm)</u> |
| (e) | Applications. |
| (e)(1) | <u>[Form of the Perspective II Variable and Fixed Annuity Application (NV775 04/19), incorporated herein by reference to Registrant's Registration Statement, filed on December 14, 2018 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503218000300/nv775application.htm)</u> |
| (e)(2) | <u>[Specimen of Retirement Plan Endorsement (7275NY), incorporated herein by reference to the Registrant's Registration Statement filed on August 19, 2004 (File Nos. 333-118370 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503219000192/nv7750619application.htm)</u> |
| (e)(3) | <u>[Form of the Perspective II Variable and Fixed Annuity Application (NV775 04/20), incorporated herein by reference to Registrant's Post-Effective Amendment No. 2, filed on April 21, 2020 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503220000142/nv7750420application.htm)</u> |
| (e)(4) | <u>[Form of the Perspective II Variable and Fixed Annuity Application (NV775 08/20), incorporated herein by reference to Registrant's Post-Effective Amendment No. 3, filed on May 20, 2020 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503220000224/nv7750820applicationv2.htm)</u> |
| (e)(5) | <u>[Form of the Perspective II Individual Variable and Fixed Annuity Application (NV775](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000087/nv77504-2102x09x21applic.htm)[04/21) incorporated herein by reference to Registrant's Post-Effective Amendment No. 9, filed on April 20, 2021 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000087/nv77504-2102x09x21applic.htm)</u> |
| (e)(6) | <u>[Form of the Perspective II Individual Variable and Fixed Annuity Application (NV775 04/22),](http://www.sec.gov/Archives/edgar/data/1045032/000104503222000040/nv77504-22final101x04x22.htm)[incorporated herein by reference to Registrant's Post-Effective Amendment No. 11, filed on April 19, 2022 (File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503222000040/nv77504-22final101x04x22.htm)</u> |
| (e)(7) | <u>[Form of the Perspective II Individual Variable and Fixed Annuity Application (NV775 08/23),](http://www.sec.gov/Archives/edgar/data/1045032/000104503223000266/nv77508-2305x01x23xprint.htm)[incorporated herein by reference to Registrant's Post-Effective Amendment No. 1](http://www.sec.gov/Archives/edgar/data/1045032/000104503223000266/nv77508-2305x01x23xprint.htm)[3](http://www.sec.gov/Archives/edgar/data/1045032/000104503223000266/nv77508-2305x01x23xprint.htm)[, filed on](http://www.sec.gov/Archives/edgar/data/1045032/000104503223000266/nv77508-2305x01x23xprint.htm)[August 25, 202](http://www.sec.gov/Archives/edgar/data/1045032/000104503223000266/nv77508-2305x01x23xprint.htm)[3](http://www.sec.gov/Archives/edgar/data/1045032/000104503223000266/nv77508-2305x01x23xprint.htm)[(File Nos. 333-228806 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503223000266/nv77508-2305x01x23xprint.htm)</u> |
| (e)(8) | <u>[Form of the Perspective II Individual Variable and Fixed Annuity Application (NV775 10/24), incorporated herein by reference to Registrant's Post-Effective Amendment No. 15, filed on October 15, 2024 (File Nos. 333-228806 and 811-08401).](https://www.sec.gov/Archives/edgar/data/1045032/000104503224000223/nv77510-24final07x08x24p.htm)</u> |
| (e)(9) | Form of the Perspective II Individual Variable and Fixed Annuity Application (NV774 04/26), attached hereto. |
| (f) | Depositor's Certificate of Incorporation and By-laws. |
| (f)(1) | <u>[Declaration and Charter of Depositor, incorporated herein by reference to Registrant's to the Registrant's Registration Statement filed on October 3, 1997 (File Nos. 333-37175 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/0000950124-97-005063.txt)</u>  |
| (f)(2) | <u>[By-laws of Depositor, incorporated herein by reference to the Registrant's Registration Statement filed on October 3, 1997 (File Nos. 333-37175 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/0000950124-97-005063.txt)</u>  |
| (f)(3) | <u>[Amended By-Laws of Jackson National Life Insurance Company of New York, incorporated herein by reference to Registrant's Post-Effective Amendment No. 4, filed on April 23, 2013 (File Nos. 333-183046 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503213000052/amendedbylawsjnlny.htm)</u> |
| (g) | Reinsurance Contracts. |

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| | |
|:---|:---|
| (g)(1) | <u>[Reinsurance Agreement Effective December 31, 2008 between Jackson National Life Insurance Company of New York ("Ceding Company") and Jackson National Life Insurance Company ("Reinsurer"), incorporated herein by reference to the Registrant's Post-Effective Amendment No. 8, filed on September 12, 2013 (File Nos. 333-183046 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503213000159/reinsuranceagrmt.htm)</u> |
| (g)(2) | <u>[Amendment No. 1 to the Reinsurance Agreement Effective December 31, 2008 between Jackson National Life Insurance Company of New York ("Ceding Company") and Jackson National Life Insurance Company ("Reinsurer"), with effective date June 30, 2013, incorporated herein by reference to the Registrant's Post-Effective Amendment No. 8, filed on September 12, 2013 (File Nos. 333-183046 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503213000159/amend1reinsagreement.htm)</u>  |
| (g)(3) | <u>[Amendment No. 2 to the Reinsurance Agreement Effective December 31, 2024 between Jackson National Life Insurance Company of New York ("Ceding Company") and Jackson National Life Insurance Company ("Reinsurer"), with effective date December 31, 2024, incorporated by reference to Registrant's Post-Effective Amendment No. 8 filed on April 22, 2025 (File Nos. 333-235566 and 811-08401).](https://www.sec.gov/Archives/edgar/data/1045032/000104503225000050/jny-jnlsecondarreinsuran.htm)</u> |
| (g)(4) | <u>[Amendment No. 28 to the Variable Annuity GMIB Reinsurance Agreement between Jackson National Life Insurance Company of New York and Chubb Tempest Life Reinsurance Ltd., dated January 1, 2003, effective July 1, 2025, incorporated herein by reference to Registrant's Post-Effective Amendment No. 19, filed on April 21, 2026 (File Nos. 333-235566 and 811-08401).](https://www.sec.gov/Archives/edgar/data/1045032/000104503226000158/g4jnlnychubb2003amendmen.htm)</u> |
| (g)(5) | <u>[Amendment No. 26 to the Variable Annuity GMIB Reinsurance Agreement between Jackson National Life Insurance Company of New York and Chubb Tempest Life Reinsurance Ltd., dated March 1, 2005, effective July 1, 2025, incorporated herein by reference to Registrant's Post-Effective Amendment No. 19, filed on April 21, 2026 (File Nos. 333-235566 and 811-08401).](https://www.sec.gov/Archives/edgar/data/1045032/000104503226000158/g5jnlnychubb2005amendmen.htm)</u> |
| (h) | Participation Agreements. |
| (h)(1)(i) | <u>[Master Fund Participation Agreement between Jackson National Life Insurance Company of New York, JNL Series Trust, American Funds Insurance Series, and Capital Research and Management Company, dated May 1, 2010, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a01exe29_jnlnypartagmnt0.htm)</u> |
| (h)(1)(ii) | <u>[First Amendment to Master Fund Participation Agreement between Jackson National Life Insurance Company of New York, JNL Series Trust, American Funds Insurance Series, and Capital Research and Management Company, dated January 18, 2012, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a02ex99h3ii.htm)</u> |
| (h)(1)(iii) | <u>[Second Amendment to Master Fund Participation Agreement between Jackson National Life Insurance Company of New York, JNL Series Trust, American Funds Insurance Series, Capital Research and Management Company, and Jackson National Asset Management, LLC, dated December 31, 2014, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a03ex99h3iii.htm)</u> |
| (h)(1)(iv) | <u>[Third Amendment to Master Fund Participation Agreement between Jackson National Life Insurance Company of New York, JNL Series Trust, American Funds Insurance Series, and Capital Research and Management Company, dated April 24, 2017, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a04exh13iv_paamendny0424.htm)</u> |
| (h)(1)(v) | <u>[Fourth Amendment to Master Fund Participation Agreement between Jackson National Life Insurance Company of New York, JNL Series Trust, American Funds Insurance Series, and Capital Research and Management Company, dated August 13, 2018, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a05exh15v_crmcpartamend0.htm)</u> |
| (h)(1)(vi) | <u>[Fifth Amendment to Master Fund Participation Agreement between Jackson National Life Insurance Company of New York, JNL Series Trust, American Funds Insurance Series, and Capital Research and Management Company, dated April 27, 2020, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a06exh12vi_mfpaafis0420.htm)</u> |

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|:---|:---|
| (h)(2)(i) | <u>[Amended and Restated Fund Participation Agreement between Jackson National Life Insurance Company of New York, JNL Series Trust, Jackson National Asset Management, LLC, American Funds Insurance Series, Capital Research and Management Company, and American Funds Service Company, dated June 8, 2017, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a1exh16i_afundspartagmnt.htm)</u> |
| (h)(2)(ii) | <u>[First Amendment to Amended and Restated Fund Participation Agreement between Jackson National Life Insurance Company of New York, JNL Series Trust, Jackson National Asset Management, LLC, American Funds Insurance Series, Capital Research and Management Company, and American Funds Service Company, dated September 25, 2017, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a2exh16ii_afundspartamen.htm)</u> |
| (h)(2)(iii) | <u>[Second Amendment to Amended and Restated Fund Participation Agreement between Jackson National Life Insurance Company of New York, JNL Series Trust, Jackson National Asset Management, LLC, American Funds Insurance Series, Capital Research and Management Company, and American Funds Service Company, dated April 27, 2020, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a3exh14iii_scndamendmfpa.htm)</u> |
| (h)(3)(i) | <u>[Business Agreement between Jackson National Life Insurance Company of New York, Jackson National Life Distributors, LLC, American Funds Distributors, Inc., and Capital Research and Management Company, dated May 1, 2010, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a1afbizagreementfinaljnl.htm)</u> |
| (h)(3)(ii) | <u>[First Amendment to Business Agreement between Jackson National Life Insurance Company of New York, Jackson National Life Distributors, LLC, American Funds Distributors, Inc., and Capital Research and Management Company, dated February 1, 2012, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a2firstamendmenttobusine.htm)</u> |
| (h)(3)(iii) | <u>[Second Amendment to Business Agreement between Jackson National Life Insurance Company of New York, Jackson National Life Distributors, LLC, American Funds Distributors, Inc., and Capital Research and Management Company, dated April 30, 2012, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a3secondamendmenttobusin.htm)</u> |
| (h)(3)(iv) | <u>[Third Amendment to Business Agreement between Jackson National Life Insurance Company of New York, Jackson National Life Distributors, LLC, American Funds Distributors, Inc., and Capital Research and Management Company, dated March 1, 2013, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a4thirdamendmenttobusine.htm)</u> |
| (h)(3)(v) | <u>[Fourth Amendment to Business Agreement between Jackson National Life Insurance Company of New York, Jackson National Life Distributors, LLC, American Funds Distributors, Inc., and Capital Research and Management Company, dated April 24, 2017, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a5fourthamendmenttobusin.htm)</u> |
| (h)(3)(vi) | <u>[Fifth Amendment to Business Agreement between Jackson National Life Insurance Company of New York, Jackson National Life Distributors, LLC, American Funds Distributors, Inc., and Capital Research and Management Company, dated August 13, 2018, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a6fifthamendmenttobusine.htm)</u> |
| (h)(3)(vii) | <u>[Sixth Amendment to Business Agreement between Jackson National Life Insurance Company of New York, Jackson National Life Distributors, LLC, American Funds Distributors, Inc., and Capital Research and Management Company, dated April 27, 2020, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a7sixthamendmenttobusine.htm)</u> |
| (h)(3)(viii) | <u>[Seventh Amendment to Business Agreement between Jackson National Life Insurance Company of New York, Jackson National Life Distributors, LLC, American Funds Distributors, Inc., and Capital Research and Management Company, dated April 26, 2021, incorporated herein by reference to Registrant's Post-Effective Amendment No. 1, filed on April 20, 2021 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503221000080/a8seventhamendmenttobusi.htm)</u> |
| (h)(3)(ix) | <u>[Fund of Funds Investment Agreement (American Funds) dated January 19, 2022, incorporated herein by reference to Registrant's Post-Effective Amendment No. 7, filed on April 19, 2022 (File Nos. 333-235565 and 811-08664).](http://www.sec.gov/Archives/edgar/data/927730/000092773022000049/exh3ixinvagmtafis.htm)</u> |

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| | |
|:---|:---|
| (h)(3)(x) | <u>[Fund of Funds Investment Agreement (Black](http://www.sec.gov/Archives/edgar/data/927730/000092773022000049/exh3xinvagmtblackrock.htm)[R](http://www.sec.gov/Archives/edgar/data/927730/000092773022000049/exh3xinvagmtblackrock.htm)[ock Rule 12d1-4), dated January 19, 2022, incorporated herein by reference to Registrant's Post-Effective Amendment No. 7, filed on April 19, 2022 (File Nos. 333-235565 and 811-08664).](http://www.sec.gov/Archives/edgar/data/927730/000092773022000049/exh3xinvagmtblackrock.htm)</u> |
| (h)(3)(xi) | <u>[Fund of Funds Investment Agreement (Vanguard Rule 12d1-4), dated January 19, 2022, incorporated herein by reference to Registrant's Post-Effective Amendment No. 7, filed on April 19, 2022 (File Nos. 333-235565 and 811-08664).](http://www.sec.gov/Archives/edgar/data/927730/000092773022000049/exh3xiinvagmtvanguard.htm)</u> |
| (h)(3)(xii) | <u>[First Amendment to Fund of Funds Investment Agreement (American Funds), effective October 21, 2024, incorporated herein by reference to Registrant's Post-Effective Amendment No. 13, filed on October 15, 2024 (File Nos. 333-235565 and 811-08664).](https://www.sec.gov/Archives/edgar/data/927730/000092773024000325/a022024-10x21jnl1stamend.htm)</u> |
| (h)(3)(xiii) | <u>[Fund of Funds Investment Agreement (T. Rowe Price Rule 12d1-4), dated October 21, 2024, incorporated herein by reference to Registrant's Post-Effective Amendment No. 13, filed on October 15, 2024 (File Nos. 333-235565 and 811-08664).](https://www.sec.gov/Archives/edgar/data/927730/000092773024000325/a2024-10x21jacksonnation.htm)</u> |
| (h)(3)(xiv) | <u>[Fund of Funds Investment Agreement (VanEck ETF Trust Rule 12d1-4), dated October 21, 2024, incorporated herein by reference to Registrant's Post-Effective Amendment No. 13, filed on October 15, 2024 (File Nos. 333-235565 and 811-08664).](https://www.sec.gov/Archives/edgar/data/927730/000092773024000325/a2024-10x21jnlfundoffund.htm)</u> |
| (h)(3)(xv) | <u>[First Amendment to Fund of Funds Investment Agreement (BlackRock Rule 12d1-4), effective October 21, 2024, incorporated herein by reference to Registrant's Post-Effective Amendment No. 13, filed on October 15, 2024 (File Nos. 333-235565 and 811-08664).](https://www.sec.gov/Archives/edgar/data/927730/000092773024000325/a2024-10x21updatedschedu.htm)</u> |
| (h)(3)(xvi) | <u>[Fund of Funds Investment Agreement (Cohen & Steers Rule 12d1-4), dated October 23, 2025, incorporated herein by reference to Registrant's Post-Effective Amendment No. 19, filed on April 21, 2026 (File Nos. 333-235565 and 811-08664).](https://www.sec.gov/Archives/edgar/data/927730/000092773026000181/h3xvicohensteersfundoffu.htm)</u> |
| (h)(3)(xvii) | <u>[First Amendment to Fund of Funds Investment Agreement (DoubleLine ETF Trust Rule 12d1-4), effective July 22, 2025, incorporated herein by reference to Registrant's Post-Effective Amendment No. 19, filed on April 21, 2026 (File Nos. 333-235565 and 811-08664).](https://www.sec.gov/Archives/edgar/data/927730/000092773026000181/h3xviidoublelineamendmen.htm)</u> |
| (h)(3)(xviii) | <u>[Amended and Restated Fund of Funds Investment Agreement (Fidelity Rule 12d1-4), dated June 5, 2025, incorporated herein by reference to Registrant's Post-Effective Amendment No. 19, filed on April 21, 2026 (File Nos. 333-235565 and 811-08664).](https://www.sec.gov/Archives/edgar/data/927730/000092773026000181/h3xviiifidelityamendedan.htm)</u> |
| (h)(3)(xix) | <u>[Fund of Funds Investment Agreement (First Trust Exchange Rule 12d1-4), dated October 23, 2025, incorporated herein by reference to Registrant's Post-Effective Amendment No. 19, filed on April 21, 2026 (File Nos. 333-235565 and 811-08664).](https://www.sec.gov/Archives/edgar/data/927730/000092773026000181/h3xixfirsttrustfundoffun.htm)</u> |
| (h)(3)(xx) | <u>[Fund of Funds Investment Agreement (Lazard Rule 12d1-4), dated October 23, 2025, incorporated herein by reference to Registrant's Post-Effective Amendment No. 19, filed on April 21, 2026 (File Nos. 333-235565 and 811-08664).](https://www.sec.gov/Archives/edgar/data/927730/000092773026000181/h3xxlazardfundoffundsagr.htm)</u> |
| (h)(3)(xxi) | <u>[Fund of Funds Investment Agreement (PIMCO ETF Trust and PIMCO Equity Series Rule 12d1-4), effective February 25, 2026, incorporated herein by reference to Registrant's Post-Effective Amendment No. 19, filed on April 21, 2026 (File Nos. 333-235565 and 811-08664).](https://www.sec.gov/Archives/edgar/data/927730/000092773026000181/h3xxipimcofundoffundsagr.htm)</u> |
| (h)(3)(xxii) | <u>[First Amendment to Fund of Funds Investment Agreement (Vanguard Fund Rule 12d1-4), effective February 25, 2026, incorporated herein by reference to Registrant's Post-Effective Amendment No. 19, filed on April 21, 2026 (File Nos. 333-235565 and 811-08664).](https://www.sec.gov/Archives/edgar/data/927730/000092773026000181/h3xxiivanguardamendmento.htm)</u> |
| (h)(3)(xxiii) | <u>[Eighth Amendment to the Master Fund Participation Fund Agreement between Jackson National Life Insurance Company of New York, American Funds Insurance Series, and Capital Research and Management Company, dated May 1, 2010, effective April 27, 2026, incorporated herein by reference to Registrant's Post-Effective Amendment No. 10, filed on April 21, 2026 (File Nos. 333-235566 and 811-08401).](https://www.sec.gov/Archives/edgar/data/1045032/000104503226000158/h3xxiiijnlnyparticipatio.htm)</u> |
| (i) | Administrative Contracts. |

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| | |
|:---|:---|
| (i)(1) | <u>[Amended and Restated Administrative Services Agreement between Jackson National Asset Management, LLC and Jackson National Life Insurance Company, incorporated herein by reference to Registrant's Post-Effective Amendment No. 4, filed on April 23, 2013 (File Nos. 333-183048 and 811-08664).](http://www.sec.gov/Archives/edgar/data/927730/000092773013000080/servicingagreement.htm)</u> |
| (i)(2) | <u>[Administrative Services Agreement between Jackson National Life Insurance Company and Jackson National Life Insurance Company of New York, dated November 3, 1997, incorporated herein by reference to Registrant's Post-Effective Amendment No. 5, filed on April 23, 2024 (File Nos. 333-235566 and 811-08401).](http://www.sec.gov/Archives/edgar/data/1045032/000104503224000043/a1997-11x03jacksonxjnyad.htm)</u> |
| (j) | Other Material Contracts. Not applicable. |
| (k) | Legal Opinion. |
| (k)(1) | Opinion and Consent of Counsel, attached hereto. |
| (l) | Other Opinions. |
| (l)(1) | Consent of Independent Registered Public Accounting Firm, attached hereto. |
| (m) | Omitted Financial Statements. Not Applicable. |
| (n) | Initial Capital Agreements. Not Applicable. |
| (o) | Form of Initial Summary Prospectus. |
| (o)(1) | Form of Initial Summary Prospectus, attached hereto. |
| (p) | Power of Attorney. |
| (p)(1) | <u>[Power of Attorney, incorporated herein by reference to Post-Effective Amendment No. 2, filed on April 21, 2026 (File No. 333-285257).](https://www.sec.gov/Archives/edgar/data/1128415/000112841526000066/p1nypowerofattorney4-14x.htm)</u> |
| (q) | Letter Regarding Change in Certifying Accountant. Not Applicable. |
| (r) | Historical Current Limits on Index Gains. Not Applicable.  |
| Item 29 | <u>[Organizational Chart, incorporated herein by reference to Exhibit 29 of Post-Effective Amendment No. 2, filed on April 21, 2026 (File No. 333-285253).](https://www.sec.gov/Archives/edgar/data/2047976/000204797626000115/item2904-01x2026organiza.htm)</u> |

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**Item 28. Directors and Officers of the Depositor** 

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| | |
|:---|:---|
| Name and Principal Business Address | Positions and Offices with Jackson National Life Insurance Company of New York |
| Patrick G. Boyle<br>1 Corporate Way<br>Lansing, MI 48951 | Director |
| Nancy F. Heller<br>1 Corporate Way<br>Lansing, MI 48951 | Director and Chair |
| Robert K. Butler<br>300 Innovation Drive<br>Franklin, TN 37067 | Director  |

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| | |
|:---|:---|
| Byron P. Thompson<br>1 Corporate Way<br>Lansing, MI 48951 | Director |
| David S. Berkowitz<br>1 Corporate Way<br>Lansing, MI 48951 | Director |
| Laura L. Prieskorn<br>1 Corporate Way<br>Lansing, MI 48951 | President and Chief Executive Officer |
| Don W. Cummings<br>1 Corporate Way <br>Lansing, MI 48951 | Executive Vice President and Chief Financial Officer |
| Savvas P. Binioris<br>1 Corporate Way<br>Lansing, MI 48951 | Executive Vice President, Chief Risk Officer, and Director |
| Carrie L. Chelko<br>1 Corporate Way <br>Lansing, MI 48951 | Executive Vice President  |
| Devkumar D. Ganguly<br>1 Corporate Way<br>Lansing, MI 48951 | Executive Vice President and Chief Innovation and Technology Officer |
| Laura L. Hanson<br>1 Corporate Way<br>Lansing, MI 48951 | Executive Vice President, Operations and Technology Services |
| Alison R. Reed<br>7601 Technology Drive<br>Denver, CO 80237 | Executive Vice President and Head of Distribution |
| Craig A. Anderson<br>1 Corporate Way<br>Lansing, MI 48951 | Senior Vice President and Controller |
| Scott J. Golde<br>300 Innovation Drive<br>Franklin, TN 37067 | Senior Vice President, General Counsel |
| Andrea D. Goodrich <br>1 Corporate Way<br>Lansing, MI 48951 | Senior Vice President, Corporate Law and Corporate Secretary |
| Guillermo E. Guerra<br>1 Corporate Way<br>Lansing, MI 48951 | Senior Vice President, Chief Technology Officer, Chief Information Security Officer and Privacy Officer |
| Michael R. Hicks<br>1 Corporate Way<br>Lansing, MI 48951 | Senior Vice President, Chief Information Officer |

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| | |
|:---|:---|
| Thomas A. Janda<br>1 Corporate Way<br>Lansing, MI 48951 | Senior Vice President and Chief Human Resources Officer |
| Joshua K. Richardson<br>1 Corporate Way<br>Lansing, MI 48951 | Senior Vice President, Litigation, Employment, Investigations, and Legal Operations |
| Dean R. Scott<br>1 Corporate Way<br>Lansing, MI 48951 | Senior Vice President, Corporate Development and Treasury |
| Lin L. Sun<br>225 W. Wacker Drive<br>Suite 1200<br>Chicago, IL 60606 | Senior Vice President and Chief Actuary |
| Brian M. Walta<br>1 Corporate Way<br>Lansing, MI 48951 | Senior Vice President, Planning and Asset Liability Management |
| Elizabeth Werner<br>1 Corporate Way<br>Lansing, MI 48951 | Senior Vice President |
| Richard C. White<br>1 Corporate Way<br>Lansing, MI 48951 | Senior Vice President |
| Barrett M. Bonemer<br>1 Corporate Way<br>Lansing, MI 48951 | Head of Internal Audit |
| Marina C. Ashiotou<br>225 W. Wacker Drive<br>Suite 1200<br>Chicago, IL 60606 | Vice President |
| Dennis A. Blue<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Ellen J. Bode<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President, Appointed Actuary |
| Andrew Campbell<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Hilary R. Cranmore<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Frank G. D'Amuro<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |

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| | |
|:---|:---|
| Lauren B. Dunn<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President, Corporate Legal |
| Joseph K. Garrett<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Margaret C. Garza<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Robert W. Hajdu<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Heidi L. Kaiser<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President, Chief Compliance Officer, Separate Accounts Chief Compliance Officer, Advertising Officer and Anti-Money Laundering Compliance Officer |
| Deidre J. Kosier<br>1Corporate Way<br>Lansing, MI 48951 | Vice President |
| Darren T. Kramer<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Efthimios Lekas<br>225 W. Wacker Dr. <br>Suite 1200<br>Chicago, IL 60606 | Vice President |
| David J. Linehan<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Lisa A. Lubahn<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Aaron T. Maguire<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Angela M. Matthews<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Ryan T. Mellott<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Layton Meng<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |

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| | |
|:---|:---|
| Stefan C. Ott<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Kristan L. Richardson<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President and Assistant Secretary |
| James A. Schultz<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President and Treasurer |
| Muhammad S. Shami<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Srikant Vatturi Venkata Satya<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President, Asset Liability Management |
| Brooke L. Thorne<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| John A. Vandercruyssen<br>1 Corporate Way<br>Lansing, MI 58951 | Vice President, Assistant Controller |
| Amit Vashisht<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| John F. Visicaro<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Lisa A. Wegehaupt<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |

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**Item 29. Persons Controlled by or Under Common Control with the Depositor or Registrant.**

The Registrant is a separate account of Jackson National Life Insurance Company of New York ("Depositor"), a stock life insurance company organized under the laws of the state of New York. The Depositor is a wholly owned subsidiary of Jackson National Life Insurance Company and is ultimately a wholly owned subsidiary of Jackson Financial Inc., a publicly traded life insurance company in the United States.

The organizational chart for Jackson Financial Inc. indicates those persons who are controlled by or under common control with the Depositor. No person is controlled by the Registrant.

<u>[The organizational chart for Jackson Financial Inc. is](https://www.sec.gov/Archives/edgar/data/2047976/000204797626000115/item2904-01x2026organiza.htm)[incorporated herein by reference to Exhibit 29 of Post-Effective Amendment No. 2, filed on April 2](https://www.sec.gov/Archives/edgar/data/2047976/000204797626000115/item2904-01x2026organiza.htm)[1](https://www.sec.gov/Archives/edgar/data/2047976/000204797626000115/item2904-01x2026organiza.htm)[, 2026 (File No. 333-285253).](https://www.sec.gov/Archives/edgar/data/2047976/000204797626000115/item2904-01x2026organiza.htm)</u>

**Item 30. Indemnification**

Provision is made in the Company's By-Laws for indemnification by the Company of any person made or threatened to be made a party to an action or proceeding, whether civil or criminal by reason of the fact that he or she is or was a director, officer or employee of the Company or then serves or has served any other corporation in any capacity at the request of the Company, against expenses,

------

judgments, fines and amounts paid in settlement to the full extent that officers and directors are permitted to be indemnified by the laws of the State of New York.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 ("Act") may be permitted to directors, officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or controlling person of the Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

**Item 31. Principal Underwriter**

(a)&nbsp;&nbsp;&nbsp;&nbsp;Jackson National Life Distributors LLC acts as general distributor for the JNLNY Separate Account I. Jackson National Life Distributors LLC also acts as general distributor for the Jackson National Separate Account - I, the Jackson National Separate Account III, the Jackson National Separate Account IV, the Jackson National Separate Account V, the JNLNY Separate Account II, the JNLNY Separate Account IV, the Jackson Sage Variable Annuity Account A, the Jackson Sage Variable Life Account A, the Jackson SWL Variable Annuity Fund I, the JNL Series Trust, JNL Variable Fund LLC, JNL Investors Series Trust, and Jackson Variable Series Trust.

(b)&nbsp;&nbsp;&nbsp;&nbsp;Directors and Officers of Jackson National Life Distributors LLC:

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| | |
|:---|:---|
| Name and Business Address | Positions and Offices with Underwriter |
| Savvas P. Binioris<br>1 Corporate Way<br>Lansing, MI 48951 | Manager |
| Hilary Cranmore<br>1 Corporate Way<br>Lansing, MI 48951 | Manager |
| Marina C. Ashiotou<br>225 W. Wacker Drive<br>Suite 1200<br>Chicago, IL 60606 | Manager |
| Garett J. Childs<br>225 W. Wacker Drive<br>Suite 1200<br>Chicago, IL 60606 | Manager |
| Alison Reed<br>300 Innovation Drive<br>Franklin, TN 37067 | Executive Vice President, Head of Distribution, Manager, and Chair |
| Kevin Luebbers<br>300 Innovation Drive<br>Franklin, TN 37067 | Head of Sales |
| Brian Sward<br>300 Innovation Drive<br>Franklin, TN 37067 | Head of Product Solutions |
| Robert Butler<br>300 Innovation Drive<br>Franklin, TN 37067 | Senior Vice President, National Sales Manager, Indy |

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| | |
|:---|:---|
| Lauren L. Caputo<br>300 Innovation Drive<br>Franklin, TN 37067 | Senior Vice President |
| Ashley S. Golson<br>300 Innovation Drive<br>Franklin, TN 37067 | Senior Vice President, National Sales Desk and Distribution Intelligence |
| Heidi Kaiser <br>1 Corporate Way<br>Lansing, MI 48951 | Senior Vice President, General Counsel & Anti-Money Laundering Compliance Officer |
| Matt Lemieux<br>300 Innovation Drive<br>Franklin, TN 37067 | Senior Vice President |
| Kevin Luebbers<br>300 Innovation Drive<br>Franklin, TN 37067 | Senior Vice President |
| Greg Masucci<br>300 Innovation Drive<br>Franklin, TN 37067 | Senior Vice President |
| Brian Nicolarsen<br>300 Innovation Drive<br>Franklin, TN 37067 | Senior Vice President, National Sales Manager, BWA |
| Kimberly Plyer<br>300 Innovation Drive<br>Franklin, TN 37067 | Senior Vice President |
| Tom Smith<br>300 Innovation Drive<br>Franklin, TN 37067 | Senior Vice President |
| Myles Womack<br>300 Innovation Drive<br>Franklin, TN 37067 | Senior Vice President |
| Ty Anderson<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Lisa Backens<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Mercedes Biretto<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Chris Bogren<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| J. Edward Branstetter, Jr.<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |

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| | |
|:---|:---|
| Michael Cobianchi<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Chardae Hawley<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Yesenia Lankford<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Kristine Lowry<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President, FinOp & Controller |
| Dana R. Malesky Flegler<br>1 Corporate Way<br>Lansing, MI 48951 | Vice President |
| Bob McAllister<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Matt Ohme<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Joseph C. Pierce<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| David Russell<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Molly Stevens<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Jeremy Swartz<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Michelle Tidey<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Kendall Wetzel<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Darweshi Whitfield<br>300 Innovation Drive<br>Franklin, TN 37067 | Vice President |
| Ryan Lupton<br>300 Innovation Drive<br>Franklin, TN 37067 | Chief Compliance Officer |

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Kristan L. Richardson1 Corporate WayLansing, MI 48951 Secretary

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) ---

| | | | | |
|:---|:---|:---|:---|:---|
| Name of Principal Underwriter | Net Underwriting Discounts and Commissions | Compensation on Redemption | Brokerage Commissions | Compensation |
| Jackson National Life Distributors LLC | Not Applicable | Not Applicable | Not Applicable | Not Applicable |

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**Item 32. Location of Accounts and Records**

Jackson National Life Insurance Company

1 Corporate Way

Lansing, MI 48951

Jackson National Life Insurance Company

Institutional Marketing Group Service Center

1 Corporate Way

Lansing, MI 48951

Jackson National Life Insurance Company

300 Innovation Drive

Franklin, TN 37067

Jackson National Life Insurance Company

225 West Wacker Drive, Suite 1200

Chicago, IL 60606

**Item 33. Management Services**

&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.

**Item 34. Fee Representations**

Jackson National Life Insurance Company of New York represents that the fees and charges deducted under the contract, in the aggregate, are reasonable in relation to the services rendered, the expenses expected to be incurred, and the risks assumed by Jackson National Life Insurance Company of New York.

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**SIGNATURES**

As required by the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets the requirements of Securities Act Rule 485(b) for effectiveness of this post-effective amendment to the Registration Statement and has caused this post-effective amendment to the Registration Statement to be signed on its behalf, in the City of Lansing, and State of Michigan on this 21st day of April, 2026.

JNLNY Separate Account I

(Registrant)

Jackson National Life Insurance Company of New York

By: <u>/s/ SCOTT J. GOLDE</u>&nbsp;&nbsp;&nbsp;&nbsp;

Scott J. Golde

Senior Vice President, General Counsel

Jackson National Life Insurance Company of New York

(Depositor)

By: <u>/s/ SCOTT J. GOLDE</u>&nbsp;&nbsp;&nbsp;&nbsp;

Scott J. Golde

Senior Vice President, General Counsel

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

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| | |
|:---|:---|
| \* | April 21, 2026 |
| Laura L. Prieskorn, President and Chief Executive Officer |  |
| \* | April 21, 2026 |
| Don W. Cummings, Executive Vice President and Chief Financial Officer |  |
| \* | April 21, 2026 |
| Craig A. Anderson, Senior Vice President and Controller |  |
| \* | April 21, 2026 |
| Barrett M. Bonemer, Vice President and Director |  |
| \* | April 21, 2026 |
| Scott E. Romine, Executive Vice President, Chair, and Director |  |
| \* | April 21, 2026 |
| Robert K. Butler, Director |  |
| \* | April 21, 2026 |
| Byron P. Thompson, Director |  |

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| | |
|:---|:---|
| **\*** | April 21, 2026 |
| Patrick G. Boyle, Director |  |
| \* | April 21, 2026 |
| Nancy F. Heller, Director |  |
| \* | April 21, 2026 |
| David S. Berkowitz, Director |  |
| \* | April 21, 2026 |
| Hilary R. Cranmore, Director |  |

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\* By: <u>/s/ SCOTT J. GOLDE&nbsp;&nbsp;&nbsp;&nbsp;</u>

Scott J. Golde, as Attorney-in-Fact,

pursuant to Power of Attorney filed herewith.

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**EXHIBIT LIST**

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| | |
|:---|:---|
| Exhibit No. | Description |
| (e)(9) | Form of the Perspective II Individual Variable and Fixed Annuity Application (NV774 04/26) |
| (k)(1) | Opinion and Consent of Counsel. |
| (l)(1) | Consent of Independent Registered Public Accounting Firm. |
| (o)(1) | Form of Initial Summary Prospectus. |

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## Ex-99.(E)(9)

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PERSPECTIVE II (04/26) Page 1 of 15 NV525 04/26NVDA 525 APPLICATION FOR AN INDIVIDUAL VARIABLE AND FIXED ANNUITY (VA775NY) Linking/BIN/Brokerage Acct. Number (if applicable) Jackson of NY pre-assigned Contract Number (if applicable) Home Office: Purchase, NY 10577 www.jackson.comJackson National Life Insurance Company of New York ("Jackson of NY ", " the Company") Primary Owner First Name Middle Name Last Name Non-Natural Owner/Entity Name (if applicable) Social Security Number Phone Number (include area code) Individual/Joint Corporation/Pension PlanCustodian Government Entity Tax ID Numberor Trust Residential Address Line 1 (no P.O. Boxes) Residential Address City State ZIP Mailing Address City State ZIP Residential Address Line 2 Mailing Address Line 1 Mailing Address Line 2 Date of Birth (mm/dd/yyyy) Email Address Country of Residence Sex Male FemaleResident Alien Yes No U.S. Citizen Yes No Product Selection Perspective II Elite Access II ELITE ACCESS II (04/26) APPLICATION FOR AN INDIVIDUAL VARIABLE AND FIXED ANNUITY (VA670NY) PLEASE PRINT CLEARLY Customer Care: 800-599-5651 Fax: 888-576-8383 Email: customercare@jackson.com First Class Mail: P.O. Box 30314 Lansing, MI 48909-7814 Overnight Mail: 1 Corporate Way Lansing, MI 48951 Type of Ownership:

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Page 2 of 15 NV525 04/26NVDA 525 Joint Owner First Name Middle Name Last Name Relationship to Owner Social Security Number Phone Number (include area code) Residential Address Line 1 (no P.O. Boxes) Residential Address City State ZIP Residential Address Line 2 First Name Middle Name Last Name Social Security Number Residential Address Line 1 (no P.O. Boxes) Residential Address City State ZIP Residential Address Line 2 Date of Birth (mm/dd/yyyy) Social Security Number Primary Annuitant Joint/Contingent Annuitant Phone Number (include area code) Date of Birth (mm/dd/yyyy) Email Address (print clearly)Date of Birth (mm/dd/yyyy) Joint Annuitant Not Applicable Country of Residence Sex Male Female Country of Residence Sex Male Female First Name Middle Name Last Name Relationship to Primary Annuitant Phone Number (include area code) Residential Address Line 1 (no P.O. Boxes) Residential Address City State ZIP Residential Address Line 2 Country of Residence Sex Male Female Contingent Annuitant Resident Alien Yes No U.S. Citizen Yes No Resident Alien Yes No U.S. Citizen Yes No Resident Alien Yes No U.S. Citizen Yes No Complete this section if different than Primary Owner. If Primary Annuitant section is left blank, the Annuitant will default to the Primary Owner. Contingent Annuitant must be Annuitant's spouse. Applicable only on a Qualified plan custodial account when electing a Joint GMWB. Complete this section if different than Joint Owner. If Joint Annuitant section is left blank, the Joint Annuitant will default to the Joint Owner. In the case of Joint Owners, all correspondence and required documentation will be sent to the address of the Primary Owner.

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Page 3 of 15 NV525 04/26NVDA 525 Beneficiary(ies) Primary % Percentage of Death Benefit First Name Middle Name Last Name Non-Natural Owner/Entity Name (if applicable) Phone Number (include area code) Residential Address Line 1 (no P.O. Boxes) Residential Address City State ZIP Residential Address Line 2 Social Security/Tax ID Number Relationship to OwnerDate of Birth (mm/dd/yyyy) Sex Male Female Primary % Percentage of Death Benefit First Name Middle Name Last Name Non-Natural Owner/Entity Name (if applicable) Phone Number (include area code) Residential Address Line 1 (no P.O. Boxes) Residential Address City State ZIP Residential Address Line 2 Social Security/Tax ID Number Relationship to OwnerDate of Birth (mm/dd/yyyy) Sex Male FemaleContingent Primary % Percentage of Death Benefit First Name Middle Name Last Name Non-Natural Owner/Entity Name (if applicable) Phone Number (include area code) Residential Address Line 1 (no P.O. Boxes) Residential Address City State ZIP Residential Address Line 2 Social Security/Tax ID Number Relationship to OwnerDate of Birth (mm/dd/yyyy) Sex Male FemaleContingent It is required for Good Order that the Percentage of Death Benefit be whole numbers and must total 100% for each beneficiary type. If Percentage of Death Benefit is left blank, all beneficiaries will receive equal shares. Please use the Beneficiary Designation Supplement form (N3041) for additional beneficiaries.

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Page 4 of 15 NV525 04/26NVDA 525 Tax Qualification Non-Tax Qualified Roth IRA Other: Simplified Employee Pension (SEP) Roth Conversion Individual Retirement Annuity (IRA) - Traditional Stretch IRA Non-Qualified Stretch 403(b) Tax Sheltered Annuity (TSA) 10-Year Qualified Deferral For Stretch or Deferral, please provide the deceased's information: Relationship to Current Owner/Applicant Date of Birth (mm/dd/yyyy) Date of Death (mm/dd/yyyy) Stretch Roth IRA First Name Middle Name Last Name 10-Year Roth Deferral Complete for original deceased contract Owner: Complete for original deceased contract beneficiary: Relationship to Current Owner/Applicant Date of Birth (mm/dd/yyyy) Date of Death (mm/dd/yyyy) First Name Middle Name Last Name Statement Regarding Replacement of Existing Policies or Annuity Contracts Do you intend to replace or change an existing life insurance policy No Yes Annuitization/Income Date Specify Income Date(mm/dd/yyyy) or annuity contract? The Variable Annuity Automatic Withdrawal Request form (NV4370) will be required for Required Minimum Distributions (RMDs) or if a Stretch or Deferral qualification is elected. Please complete all necessary forms as required by New York Regulation 60. Jackson of NY pre-assigned Contract number: It is required for Good Order that this entire section be completed. If replacing, please provide the Jackson of NY pre-assigned Contract number. If an Annuitization/Income Date is not specified, Jackson of NY will default to the Latest Income Date as shown in the Contract.

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Page 5 of 15 NV525 04/26NVDA 525 Telephone/Electronic Transaction Authorization Premium Payment Check(s) ACH/Wire(s) $$ Anticipated total amount from: $$ Company Releasing Funds Account Number Full Partial Full Partial Maturity Date Transfer Type $$ Anticipated Transfer Amount Please provide the following information if applicable: Jackson of NY to request funds IRC 1035 Exchange Direct Transfer Non-1035 Exchange Non-Direct RolloverDirect Rollover Non-Qualified Plans: All Other Plans: Internal Transfer(s)/Death Claim Proceeds External Transfer(s) In-house funding - Select one: Year: $ Year: $ Financial Professional or Owner to request funds Payment included Internal Transfer Death Claim Proceeds If no election is made, Jackson of NY will default to " No." By checking " Yes," I (we) authorize Jackson of NY to accept instructions to initiate or discontinue Systematic Investment options (Rebalancing, Dollar Cost Averaging, Earnings Sweep), or transfer contract values between investment options via telephone, internet, or other electronic medium from me, or in the case of Joint Owners, from any Joint Owner, or from my (our) Financial Professional, subject to Jackson of NY's administrative procedures. Do you consent to Telephone/Electronic Transaction Authorization? Yes No I (We) understand and agree that Jackson of NY reserves the right to terminate or modify these telephone/electronic privileges at any time, without cause and without notice to me (us) (Owner(s)/Applicant(s)). To give consent to initiate partial withdrawals via telephone, internet, or other electronic medium, please complete the Telephone/Electronic Transaction Authorization form (NV3982). Select payment method. Must select at least one: For IRA - Traditional or Roth IRA Tax Qualifications, please indicate tax contribution year(s) and amount(s). If the year(s) is (are) not indicated, Jackson of NY will default to the current tax year. External Transfers: The Request for Transfer or Exchange of Assets form (N3783) must be submitted if Jackson of NY is to request the release of funds. For more than two account transfers, please provide account information on the Letter of Instruction form (N4250) and submit with application.

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Page 6 of 15 NV525 04/26NVDA 525 Systematic Investment (periodic premium reallocation programs) Premium Allocation Please read the Important Information related to Systematic Investments in the Notice to Applicant section on page 12. JNL Aggressive Growth Allocation (072) JNL Conservative Allocation (380) JNL Growth Allocation (071) JNL Growth ETF Allocation (391) JNL Moderate Allocation (381) JNL Moderate Growth ETF Allocation (390) JNL Moderate ETF Allocation (389) JNL Moderate Growth Allocation (070) JNL Multi-Manager Mid Cap (663) Small Cap Growth JNL Multi-Manager (116) JNL/American Funds Balanced (150) JNL/American Funds Bond Fund of America (711) JNL/American Funds Capital Income Builder (685) JNL/American Funds Growth Allocation (358) JNL/American Funds Growth-Income (342) JNL/American Funds Moderate Growth Allocation (357) JNL Multi-Manager Alternative (655) JNL Multi-Manager Emerging Markets Equity (077) JNL Multi-Manager International Equity (113) JNL/American Funds Washington Mutual Investors (339) JNL/American Funds New World (344) JNL Multi-Manager Small Cap Value (208) JNL Multi-Manager Global Small Cap (341) JNL Multi-Manager Floating Rate Income (346) JNL Multi-Manager Select Equity (731) Moderate Allocation (737) JNL/American Funds International JNL/American Funds (343) JNL/American Funds Growth (395) JNL/American Funds Global Growth (638) Tell Jackson of NY how you want your annuity Premiums invested. TOTAL ALLOCATION MUST EQUAL 100% IN WHOLE PERCENT- AGES. Total number of allocation selections may not exceed 99 (98 if electing Principal Guard on page 10). Only the Investment Division(s) and the 1-Year Fixed Account Option (subject to availability) as selected in the Premium Allocation section can participate in Automatic Rebalancing. Note: If no start date is selected, the program will begin one month/quarter/half-year/year (depending on the frequency you select) from the date Jackson of NY applies the initial Premium payment. If no frequency is selected, the frequency will be annual. If the start date indicated is on day 29, 30, or 31 of a month, but the frequency at which the transfer will occur does not always include this date, Jackson of NY will default the start date and all subsequent transfer dates to the 28th. If funds are received after the designated start date, the program will begin one frequency from the designated start date. Automatic Rebalancing. I elect Automatic Rebalancing of the Investment Divisions according to the allocations in the Premium Allocation section using the frequency and start date below. If both frequency and start date are left blank, Automatic Rebalancing will not be established. Frequency: Monthly Quarterly Semiannually Annually Start Date (mm/dd/yyyy): OR Immediately after issue. Other Systematic Investment Options may be available. Please see Systematic Investment form (NV2375) for Perspective II or (NV5485) for Elite Access II. PREMIUM ALLOCATIONS CONTINUED ON PAGES 7 AND 8.

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Premium Allocation (continued from page 6) NV525 04/26Page 7 of 15NVDA 525 JNL/Mellon Industrials Sector (369) JNL/Mellon Information Technology (187)Sector JNL/Mellon International Index (129) JNL/Mellon Materials Sector (370) (188) (189) (190)Energy Sector JNL/Mellon JNL/Mellon Financial Sector JNL/Mellon Healthcare Sector JNL/Mellon Emerging Markets Index (349) Dow Index JNL/Mellon (145) Sector Consumer Staples JNL/Mellon (368) JNL/Mellon Consumer Discretionary Sector (185) JNL/Mellon Nasdaq 100 Index (222) JNL/Mellon Real Estate Sector (371) JNL/Mellon S&P 400 MidCap Index (124) JNL/Mellon S&P 500 Index JNL/Mellon Small Cap Index (123) (128) JNL/Mellon U.S. Stock Market Index (668) JNL/Mellon Bond Index (133) JNL/Mellon Communication Services Sector (191) JNL/Mellon Utilities Sector (635) JNL/Mellon World Index (183) JNL/DFA Core Equity (701) JNL/DFA U.S. Core Equity (115) JNL/DFA U.S. Small Cap (612) JNL/DoubleLine Core Fixed Income (127) JNL/Franklin Templeton Income (075) JNL/DoubleLine Total Return (636) JNL/DoubleLine CAPE (659) JNL/DoubleLine Fixed Income (661) International Emerging Markets Shiller Enhanced JNL/Dreyfus Government Money Market (107) JNL/BlackRock Global Allocation (345) JNL/BlackRock Select Growth (102) JNL/Causeway Value Select (126) Large Cap JNL/Goldman Sachs 4 (292) JNL/Fidelity Institutional AM (110) JNL/Fidelity Institutional AM (364) Total Bond & JPMorgan Large Cap Growth International JNL/GQG Emerging Markets (675) JNL/Invesco Small Cap Growth (195) JNL/JPMorgan Hedged Equity (688) JNL/JPMorgan MidCap Growth (101) JNL/JPMorgan U.S. Government & Quality Bond (109) JNL/JPMorgan Managed Aggressive Growth (119) JNL/JPMorgan U.S. Value (064) JNL/Loomis Sayles Global Growth (689) JNL/Lord Abbett Short Duration Income (709) JNL/JPMorgan Managed Conservative (227) JNL/JPMorgan Managed Growth (118) JNL/JPMorgan Managed Moderate (226) JNL/JPMorgan Managed Moderate Growth (117) JNL/JPMorgan Nasdaq Hedged (738)Equity Equity Total number of allocation selections may not exceed 99 (98 if electing Principal Guard on page 10). Tell Jackson of NY how you want your annuity Premiums invested. TOTAL ALLOCATION MUST EQUAL 100% IN WHOLE PERCENT- AGES. PREMIUM ALLOCATIONS CONTINUED ON PAGE 8.

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Premium Allocation (continued from pages 6 and 7) Page 8 of 15 NV525 04/26NVDA 525 Additional Investment Divisions only available for selection on Elite Access II JNL/Neuberger Berman Commodity Strategy (643) JNL/Neuberger Berman Gold Plus Strategy (726) % Fixed Account Option 5-Year (NOT AVAILABLE) 7-Year (NOT AVAILABLE) 1-Year 3-Year (NOT AVAILABLE) (041) JNL Multi-Manager International Small Cap (686) JNL/BlackRock Global Natural Resources (066) JNL/Cohen & Steers U.S. Realty (687) (347)Global Infrastructure JNL/First SentierJNL/PPM America Total Return (662) JNL/RAFI Fundamental U.S. (702) JNL/T. Rowe Price Growth Stock (111) JNL/T. Rowe Price Mid-Cap Growth (112) JNL/T. Rowe Price Short-Term Bond (076) JNL/T. Rowe Price Value (149) JNL/Vanguard Growth ETF Allocation (674) JNL/Vanguard Moderate Growth ETF Allocation (673) JNL/WCM Focused International (640) JNL/Westchester Capital Event Driven (658) JNL/WMC Balanced (104) JNL/WMC Value (179) Income JNL/PIMCO (372) JNL/PIMCO Investment Grade (604)Credit Bond JNL/PIMCO Real Return (078) JNL/PPM America High Yield Bond (136) Small Cap JNL/Vanguard Moderate ETF Allocation (672) JNL/MFS Mid Cap Value JNL/Morningstar Wide Moat Index JNL/Neuberger Berman Strategic Income (207) (690) (361) Equity JNL/WMC Equity Income (374) JNL/Newton Equity Income (606) JNL/Morningstar U.S. Sustainability (667)Index JNL/Morningstar SMID Moat Focus Index (733) JNL/PPM America Investment Grade (734)Credit JNL/T. Rowe Price Capital Appreciation (739)Equity (703)U.S. Equity Multi-Factor JNL/RAFI JNL/T. Rowe Price Capital Appreciation (637) JNL/MFS Equity Income (365) JNL/PPM America Emerging Markets Debt (743) Tell Jackson of NY how you want your annuity Premiums invested. TOTAL ALLOCATION MUST EQUAL 100% IN WHOLE PERCENT- AGES. Total number of allocation selections may not exceed 99 (98 if electing Principal Guard on page 10). NOTE: The Contract permits Jackson of NY to restrict the amount of Premium payments into, and the amount and frequency of transfers into and from the Fixed Account Option; to close the Fixed Account Option; and to require transfers from the Fixed Account Option. Accordingly, you should consider whether investment in the Fixed Account Option is suitable given your investment objectives.

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Page 9 of 15 NV525 04/26NVDA 525 Add-On Guaranteed Minimum Withdrawal Benefits Add-On Benefits are continued on page 10. Flex: For Life GMWB with Bonus, Step-Up, and Earnings-Sensitive Withdrawal Amount MarketGuard Stretch : GMWB (Ages 0-80) 6 Original Owner's Date of Death (mm/dd/yyyy) AutoGuard : GMWB with Step-Up (Ages 0-80) For Life GMWB with Bonus and Step-Up (Ages 35-80) 5 Flex DB NY: For Life GMWB with Bonus, Step-Up, and Highest Anniversary Value Death Benefit Value Core Flex Net: CoreValue Guaranteed Minimum Withdrawal Benefits - Single Lifetime Coverage Options: Value Core Flex Joint: For Life GMWB with Bonus, Step-Up, and Earnings-Sensitive Withdrawal Amount For Life GMWB with Bonus and Step-Up (Ages 35-80) Value Core Flex Net Joint: CoreValue Guaranteed Minimum Withdrawal Benefits - Joint Lifetime Coverage Options: 1 1,2,3,4 Plus Plus (Ages 35-80) (Ages 35-75) (Ages 35-80) PERSPECTIVE II ADD-ON BENEFIT SECTION Add-On Benefits: Additional charges will apply. Please see the prospectus for details. Election Age limitations apply based on the age of the Owner(s) or Covered Lives. May not be selected on Stretch IRAs, Stretch Roth IRAs, Non-Qualified Stretches, 10-Year Qualified Deferrals or 10-Year Roth Deferrals. For Non-Qualified plans, spousal joint ownership required unless non-natural owner, then spousal joint annuitants required. Please ensure the Joint Owner section on page 2 (including the "Relationship to Owner" box) is properly completed. For Qualified plans, excluding custodial accounts, 100% primary spousal Beneficiary designation is required. Please ensure the Primary Beneficiary section on page 3 (including the "Relationship to Owner" box) is properly completed. For Qualified plan custodial accounts, Annuitant's spouse must be designated as Contingent Annuitant. May not be selected in combination with an Add-On Death Benefit on page 10. May only be selected on Non-Qualified Stretches. May not be selected in combination with an Add-On Death Benefit on page 10. If electing a Guaranteed Minimum Withdrawal Benefit, please read the disclosures in the Notice to Applicant section on page 12. May select only one For Life GMWB or GMWB. Once selected cannot be changed.

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Add-On Death Benefit NVDA 525 Page 10 of 15 NV525 04/26 Highest Anniversary Value Guaranteed Minimum Death Benefit (Ages 0-79) Once selected cannot be changed. PERSPECTIVE II ADD-ON BENEFIT SECTION (Continued) Return of Premium Guaranteed Minimum Death Benefit (Ages 0-80) Add-On Guaranteed Minimum Accumulation Benefit Principal Guard (Ages 0-85)1,2 7-Year Guarantee Term 10-Year Guarantee Term Add-On Death Benefit Once selected cannot be changed. ELITE ACCESS II ADD-ON BENEFIT SECTION Once selected cannot be changed. Add-On Benefits: Additional charges will apply. Please see the prospectus for details. Election Age limitations apply based on the age of the Owner(s) or Covered Lives. May not be selected on Stretch IRAs, Stretch Roth IRAs, Non-Qualified Stretches, 10-Year Qualified Deferrals, 10-Year Roth Deferrals or in combination with Flex DB NY or MarketGuard Stretch on page 9. If no Add-On Death Benefit is selected, your beneficiary(ies) will receive the standard death benefit. Please see the prospectus for details. May only select one Guarantee Term. Guarantee Terms are subject to availability. May not be selected on Stretch IRAs, Stretch Roth IRAs, Non-Qualified Stretches, 10-Year Qualified Deferrals or 10-Year Roth Deferrals. Premium payments will not be accepted after 90 days of the Issue Date. Premium equaling the required allocation percentage will be automatically allocated to the GMAB Fixed Account. The required allocation percentage can be obtained from the Company. If electing a Guaranteed Minimum Accumulation Benefit, please read the disclosures in the Notice to Applicant section on page 12.

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Page 11 of 15 NV525 04/26NVDA 525 Electronic Delivery Authorization Do you consent to electronic delivery of documents? Yes No Statements and transaction confirmations Other Contract-related correspondence ALL DOCUMENTS Contract and prospectus Disclosure documents My email address is:Please provide one email address and print clearly. If you authorize electronic delivery but do not provide an email address or the address is illegible, electronic delivery will not be initiated. Registration at jackson.com is required for electronic delivery of documents. If no election is made, Jackson of NY will default to " No." Check the box(es) next to the type of documents you wish to receive electronically. If electronic delivery is authorized but no document type is selected, the selection will default to "All Documents." Jackson of NY offers the ability to receive documents via electronic delivery (e-delivery). This disclosure will help you decide whether you would like to consent to e-delivery. If you do not consent to e-delivery, you will continue to receive documents via physical mail. Please read this carefully and in its entirety. If you consent, Jackson of NY will provide documents related to your Contract by e-delivery. Jackson of NY will provide documents via e-delivery if it is consistent with the applicable state and federal law, delivery preferences are updated, and the Contract is still active. You may request your delivery preferences to be changed at any time. For security purposes, your online access is subject to monitoring. If you fail to access your jackson.com account for an extended period of time or if we detect suspicious activity on your account, you may be required to reset your access credentials and/or reidentify yourself. Jackson of NY will notify you if this is required and provide instructions on how to complete that process. Jackson of NY will continue to generate documents electronically into your Filing Cabinet so that they may be accessed once you have reauthenticated. Any document that Jackson of NY sends by e-delivery which complies with applicable law, will have the same force and effect as if that document were sent in a paper form. This consent covers all electronic documents and communications for any eligible\* Contract(s) through the Company, which may include, but are not limited to, applications, supplements, Contract delivery notices, Contracts, prospectuses, prospectus supplements, statements of additional information, tailored shareholder reports, annual and semiannual reports, confirmation statements, annual or quarterly statements, and any Contract-related correspondence including claims and servicing correspondence. You may continue to receive some paper documents as required by law. This consent applies only to document types available via e-delivery at the time consent is given. Jackson of NY will notify you and provide an additional consent option if additional document types become available via e-delivery. Please note election for electronic tax documents must be completed once you log onto your account on jackson.com. The Company will notify you of the availability of your document(s) by email. Jackson of NY will not charge a fee for this service. Please make sure a current email address is provided and update your profile on jackson.com if your email address changes. After registration, you may access your Filing Cabinet to view your document(s). Documents will be available in your Filing Cabinet as long as you have a jackson.com account. To successfully receive documents via e-delivery, internet access, an active email account, and Adobe Acrobat Reader are required. Also, pop-up blockers must be turned off. Please note some internet browsers may not function well within jackson.com. If a browser error occurs, use a different internet browser. If you do not already have Adobe Acrobat Reader, it can be downloaded for free at www.adobe.com. Paper copies of documents may be requested by calling the Customer Care Center number below for no additional charge. Consent can be revoked by updating your preferences on jackson.com or by calling the Customer Care Center at 866-349-4564. I will notify the Company of any new email address. If you consent to the terms outlined above for electronic transmissions, check the box above. \*Eligible refers to Contracts that are currently inforce or that will be inforce and are available for electronic transmission.

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Page 12 of 15 NV525 04/26NVDA 525 Notice to Applicant Please note the following applies to all Guaranteed Minimum Withdrawal Benefits elected on page 9. A Guaranteed Minimum Withdrawal Benefit (GMWB) may not be appropriate for Owners whose primary objective is to take maximum advantage of the tax deferral available to them under an annuity Contract. These add-on benefits may also have limited usefulness in connection with tax-qualified contracts in relation to Required Minimum Distributions (RMDs) imposed by the IRS. Some withdrawals necessary to satisfy RMDs may prematurely deteriorate the benefits provided by a GMWB. When purchasing a tax-qualified contract, special consideration should be given to whether or not the purchase of a GMWB is appropriate for the Owner's situation, including consideration of RMDs. Please consult a tax advisor. If you make subsequent Premium payments, we will allocate them in the same way as your Contract's first Premium payment unless you tell us otherwise. Please refer to the current prospectus for complete information regarding your elected GMWB, including how additional Premium payments increase your Guaranteed Withdrawal Balance (GWB), as each GMWB works differently. Subject to the benefit terms, conditions, and limitations, the elected GMWB guarantees that a certain amount may be withdrawn annually, regardless of market performance and even if the Contract Value is zero, until the GMWB is terminated. Excess withdrawals may result in a significant reduction in your Guaranteed Annual Withdrawal Amount (GAWA) and GWB. You may not be able to change the Owner, Joint Owner, Annuitants, or primary spousal Beneficiary, depending on which GMWB you have selected. Jackson of NY reserves the right to increase the GMWB charge in the future. Please refer to the current prospectus for complete information regarding future GMWB charge increases. This application will be attached to and made part of the Contract. Important Information related to Systematic Investments: Systematic Investing does not ensure a profit or protect against loss. Principal value and investment return of the Investment Divisions will fluctuate with changes in market conditions. When redeemed, unit values may be more or less than the original purchase price. Please see the prospectus for additional information related to Systematic Investment options. Please note the following applies to the Guaranteed Minimum Accumulation Benefit (GMAB) elected on page 10. If you make subsequent Premium payments, we will allocate them in the same way as your Contract's first Premium payment, subject to the GMAB Allocation Requirement, unless you tell us otherwise. Please refer to the current prospectus for complete information regarding your elected GMAB, including how additional Premium payments impact your GMAB Fixed Account Option Value and Guaranteed Amount. Withdrawals will result in a reduction of your Guaranteed Amount. For entity owned contracts, the Annuitants may not be changed. Jackson of NY reserves the right to increase the GMAB charge in the future. Please refer to the current prospectus for complete information regarding future GMAB charge increases.

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Applicant Acknowledgments Page 13 of 15 NV525 04/26NVDA 525 1. I (We) hereby represent to the best of my (our) knowledge and belief that each of the statements and answers contained in this application are true, complete and correctly recorded. 2. I (We) acknowledge that all statements made by, or under the authority of the applicant, for the issuance of the Contract, are deemed representations and not warranties. 3. I (We) certify that the Social Security or Taxpayer Identification number(s) shown above is (are) correct. 4. I (We) certify that the date of birth of the Owner and any Joint Owner, primary spousal Beneficiary, Annuitant, Joint Annuitant, or Contingent Annuitant, if applicable, stated in this application is (are) true and correctly recorded. 5. I (We) understand that annuity benefits, death benefit values, and withdrawal values, if any, when based on the investment performance of an Investment Division in the separate account of Jackson of NY, are variable and may be increased or decreased, and the dollar amounts are not guaranteed. 6. I (We) have been given a current prospectus for this variable annuity and for each available Investment Division. 7. I understand the restrictions imposed by 403(b)(11) of the Internal Revenue Code. I understand the investment alternatives available under my employer's 403(b) plan, to which I may elect to transfer my contract value. 8. I (We) understand that the Contract's Fixed Account Minimum Interest Rate will be re-determined each Redetermination Date. The re-determined rate, which may be higher or lower than the Initial Fixed Account Minimum Interest Rate, will apply for that entire Redetermination Period. 9. I (We) understand and acknowledge that amounts payable under the Contract may be subject to a Withdrawal Charge and/or a Market Value Adjustment(s), if applicable, which may cause the values to decrease if withdrawn or transferred prior to a specified date or dates as stated in the Contract. 10. I (We) understand that Jackson of NY offers other annuities with similar features, benefits, limitations and charges. I (We) have discussed the alternatives with my (our) Financial Professional. 11. I (We) understand that Jackson of NY may restrict the availability of one or more of the Fixed Account Options and/or reserves the right not to accept additional Premium allocations and transfers into the Fixed Account at any time on a nondiscriminatory basis. 12. I (We) acknowledge and represent that I (we) have executed this application, and that my (our) signature(s) below (including my (our) electronic signature(s)) is (are) my (our) true and valid signature(s). I (We) further authorize Jackson of NY to accept any electronic signature(s) that I (we) may make to this application.

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![](e9nv52504-26014.jpg)

Page 14 of 15 NV525 04/26NVDA 525 U.S. Tax Certifications Check this box if the IRS has notified you that you are subject to backup withholding. Owner's Signature Date Signed (mm/dd/yyyy) State Where Signed Owner's Title (required if owned by an Entity) Date Signed (mm/dd/yyyy)Joint Owner's Signature Date Signed (mm/dd/yyyy) Date Signed (mm/dd/yyyy) Annuitant's Signature (if other than Owner) Joint Annuitant's Signature (if other than Joint Owner) Applicant Signatures State Where Signed It is required for Good Order that all applicable parties to the Contract sign here. Required replacement form(s) must be signed on or before the application signature date. Not FDIC/NCUA Insured Not bank/CU guaranteed May lose value Not a deposit Not insured by any federal agency Under penalties of perjury, I certify that: 1. My Social Security Number or Tax ID Number shown on this application is my correct taxpayer identification number, 2. I am not subject to backup withholding (or if I am, I have checked the box below), 3. I am a U.S. citizen or other U.S. person (including a U.S. resident alien), and 4. I am exempt from Foreign Account Tax Compliance Act (FATCA) reporting. For items 3 and 4, if I am not a U.S. citizen, U.S. resident alien or other U.S. person, I am submitting the applicable IRS Form W-8 to certify my foreign status and, if applicable, claim treaty benefits. The Internal Revenue Service does not require your consent to any provision of this document other than the certifications to avoid backup withholding. NOTE: Perspective II and Elite Access II are both offered in the general market, but may not be available at all selling firms. If you are interested in a product not offered by your selling firm, please contact our Customer Care Center at 800-599-5651 or customercare@ jackson.com for a list of firms selling each product.

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![](e9nv52504-26015.jpg)

Financial Professional Acknowledgments and Signature Page 15 of 15 NV525 04/26NVDA 525 Financial Professional # 1 Signature Date Signed (mm/dd/yyyy) First Name Middle Name Last Name Email Address (print clearly) Business Phone Number (incl.area code) Assigned ID Financial Professional # 2 Name Financial Professional # 3 Name Jackson of NY Assigned ID Jackson of NY Assigned ID Percentage Percentage % % Percentage % Extension Financial Professional # 4 Name Jackson of NY Assigned ID Percentage % Program Options B C D E Financial Institution Jackson of NY A By signing this form, I certify that: 1. I am authorized and qualified to discuss the Contract herein applied for. 2. I have reviewed all of the applicant's information, and I believe that my recommendation to purchase this annuity is in line with the applicant's financial situation and investment needs, and meets the appropriate standard of care (i.e. suitability or best interest) based on the facts disclosed by said applicant. I also attest that I have provided the applicant with all pertinent information about the product, including disclosure of the risks involved, allowing the applicant to make an educated and informed decision about this purchase. Based on my completion of the required general annuity and/or Jackson of NY product training, I believe this transaction is suitable and in the best interest of the applicant given the applicant's financial situation and needs. 3. The applicant's statement as to whether or not an existing life insurance policy or annuity contract is being replaced or changed is true and accurate to the best of my knowledge and belief. 4. I have obtained prior approval from the soliciting broker-dealer to submit this application to Jackson of NY. Program Options Note: If no option is indicated, the designated default will be used. If Percentage is left blank, all Financial Professionals will receive equal shares. All Financial Professional certifications, licenses and trainings must be completed prior to application execution. If more than one Financial Professional is participating in a Program Option on this case, all Financial Professional names, Jackson of NY Assigned IDs and percentages for each (Financial Professional # 1-4 totaling 100%) must be listed below.

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## Ex-99.(K)(1)

![jnllogo-updatedjuly2021.jpg](jnllogo-updatedjuly2021.jpg)

April 21, 2026

Board of Directors

Jackson National Life Insurance Company of New York

2900 Westchester Avenue

Purchase, NY 10577

Re: Jackson National Life Insurance Company of New York ("Jackson of New York")<br>JNLNY Separate Account I<br>File Nos. 333-228806 and 811-08401<br>

Directors:

You have requested our Opinion of Counsel in connection with the filing with the Securities and Exchange Commission of Post-Effective Amendment No. 17 to the Registration Statement on Form N-4 for the Flexible Premium Variable and Fixed Deferred Annuity Contracts (the "Contracts") to be issued by Jackson of New York and its separate account, JNLNY Separate Account I. Legal services in connection with this opinion are provided pursuant to the Administrative Services Agreement between Jackson National Life Insurance Company and Jackson of New York.

We have made such examination of the law and have examined such records and documents as in our judgment are necessary or appropriate to enable us to render the opinions expressed below.

We are of the following opinions:

1. JNLNY Separate Account I is a Unit Investment Trust as that term is defined in Section 4(2) of the Investment Company Act of 1940 (the "Act"), and is currently registered with the Securities and Exchange Commission, pursuant to Section 8(a) of the Act.

2. Upon the acceptance of premium payments made by an Owner pursuant to a Contract issued in accordance with the Prospectus contained in the Registration Statement and upon compliance with applicable law, such an Owner will have a legally issued, fully paid, non-assessable contractual interest under such Contract.<br>

You may use this opinion letter, or a copy thereof, as an exhibit to Post-Effective Amendment No. 17 to the Registration Statement.

Very truly yours,

/s/ JENNIFER GRAU

Jennifer Grau

Senior Attorney,

Insurance Legal & Product Development

Jackson® is the marketing name for Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York).

## Ex-99.(L)(1)

![](nycombinedapril2026conse001.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KPMG LLP Aon Center Suite 5500 200 E. Randolph Street Chicago, IL 60601-6436 KPMG LLP, a Delaware limited liability partnership, and its subsidiaries are part of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. Consent of Independent Registered Public Accounting Firm We consent to the use of our report dated March 27, 2026, with respect to the financial statements of the Investment Divisions of JNLNY Separate Account I, incorporated herein by reference and to the reference to our firm under the heading "Services" in the Statement of Additional Information. /s/ KPMG LLP Chicago, Illinois April 17, 2026

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![](nycombinedapril2026conse002.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KPMG LLP Suite 600 350 N. 5th Street Minneapolis, MN 55401 KPMG LLP, a Delaware limited liability partnership, and its subsidiaries are part of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. Consent of Independent Auditors We consent to the use of our report dated March 27, 2026, with respect to the financial statements of Jackson National Life Insurance Company of New York, incorporated herein by reference, and to the reference to our firm under the heading "Services" in the Statement of Additional Information. /s/ KPMG LLP Minneapolis, Minnesota April 17, 2026

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## Ex-99.(O)(1)

**SUMMARY PROSPECTUS FOR NEW INVESTORS**

**April 27, 2026**

**PERSPECTIVE II**<sup>®</sup>

**FLEXIBLE PREMIUM VARIABLE AND FIXED DEFERRED ANNUITY**

**(Contracts offered for sale on and after June 24, 2019)**

**Issued by**

**Jackson National Life Insurance Company of New York**<sup>®</sup> **through**

**JNLNY Separate Account I**

This summary prospectus summarizes key features of the Perspective II<sup>®</sup> Contract.

Before you invest, you should review the prospectus for the Perspective II<sup>®</sup> Contract, which contains more information about the Contract's features, benefits, and risks. You can find this document and other information about the Contract online at <u>www.jackson.com/product-literature-4.html</u>. You can also obtain this information at no cost by calling 1-800-599-5651 or by sending an email request to customercare@jackson.com.

You can sign up for electronic delivery of your summary prospectus, updates to the summary prospectus or other communications by logging into your account at <u>www.jackson.com</u>.

You may cancel your Contract within 20 days of delivery of the Contract. Upon receipt of your Contract, we will refund the Contract Value determined as of the Business Day on which we receive the Contract from you, including any fees or other charges deducted from the premiums or imposed under the Contract You should review the prospectus, or consult with your financial 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 SEC's staff and is available at <u>www.Investor.gov</u>.

---

| | |
|:---|:---|
| **TABLE OF CONTENTS** | **TABLE OF CONTENTS** |
| [DEFINITIONS](#i0a320c39d3d0419983c4607325748b0d_7) | [1](#i0a320c39d3d0419983c4607325748b0d_7) |
| [OVERVIEW OF THE CONTRACT](#i0a320c39d3d0419983c4607325748b0d_13) | [2](#i0a320c39d3d0419983c4607325748b0d_13) |
| [IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT](#i0a320c39d3d0419983c4607325748b0d_10) | [4](#i0a320c39d3d0419983c4607325748b0d_10) |
| [BENEFITS AVAILABLE UNDER THE CONTRACT](#i0a320c39d3d0419983c4607325748b0d_16) | [8](#i0a320c39d3d0419983c4607325748b0d_16) |
| [BUYING THE CONTRACT](#i0a320c39d3d0419983c4607325748b0d_19) | [14](#i0a320c39d3d0419983c4607325748b0d_19) |
| [MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR CONTRACT](#i0a320c39d3d0419983c4607325748b0d_22) | [14](#i0a320c39d3d0419983c4607325748b0d_22) |
| [ADDITIONAL INFORMATION ABOUT FEES](#i0a320c39d3d0419983c4607325748b0d_25) | [16](#i0a320c39d3d0419983c4607325748b0d_25) |
| [APPENDIX A (](#i0a320c39d3d0419983c4607325748b0d_28)[I](#i0a320c39d3d0419983c4607325748b0d_28)[NVESTMENT OPTIONS](#i0a320c39d3d0419983c4607325748b0d_28)[AVAILABLE UNDER THE CONTRACT)](#i0a320c39d3d0419983c4607325748b0d_28) | A-[1](#i0a320c39d3d0419983c4607325748b0d_28) |
| [BACK COVER PAGE](#i0a320c39d3d0419983c4607325748b0d_31) | B-[1](#i0a320c39d3d0419983c4607325748b0d_31) |

---

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**DEFINITIONS**

**<u>Annuitant</u>** – the natural person on whose life annuity payments for this Contract are based. Any reference to the Annuitant includes any joint Annuitant.

**<u>Beneficiary</u>** – the natural person or legal entity designated to receive any Contract benefits upon the Owner's death. The Contract allows for the naming of multiple Beneficiaries.

**<u>Business Day</u>** – each day that the New York Stock Exchange is open for business.

**<u>Completed Year</u>** – the succeeding twelve months from the date on which we receive a Premium payment. Completed Years specify the years from the date of receipt of the Premium and does not refer to Contract Years.

For example, if the Premium receipt date is other than the Issue Date or a subsequent Contract Anniversary, there is no correlation of the Contract Anniversary date and Completed Years. For example, if the Issue Date is January 15, 2026 and a Premium payment is received on February 28, 2026 then, although the first Contract Anniversary is January 15, 2027, Completed Year 0-1 for that Premium payment would begin on February 28, 2026 and end on February 27, 2027. Completed Year 1-2 for that Premium payment would begin on February 28, 2027.

**<u>Contract</u>** – the individual deferred variable and fixed annuity contract and any optional endorsements you may have selected.

**<u>Contract Anniversary</u>** – each one-year anniversary of the Contract's Issue Date.

**<u>Contract Quarterly Anniversary</u>** – each three-month anniversary of the Contract's Issue Date.

**<u>Contract Value</u>** – the sum of allocations between the Contract's Investment Divisions and Fixed Account Options.

**<u>Contract Year</u>** – the succeeding twelve months from a Contract's Issue Date and every anniversary. The first Contract Year (Contract Year 0-1) starts on the Contract's Issue Date and extends to, but does not include, the first Contract Anniversary. Subsequent Contract Years start on an anniversary date and extend to, but do not include, the next anniversary date.

For example, if the Issue Date is January 15, 2026, then the end of Contract Year 0-1 would be January 14, 2027, and January 15, 2027, which is the first Contract Anniversary, begins Contract Year 1-2.

**<u>Fixed Account</u>** – part of our General Account to which the Contract Value you allocate is guaranteed to earn a stated rate of return over the specified period. The Fixed Account consists of the Fixed Account Options.

**<u>Fixed Account Option</u>** – a Contract option within the Fixed Account for a specific period under which a stated rate of return will be credited.

**<u>Fund</u>** – a registered investment company in which an Investment Division of the Separate Account invests.

**<u>General Account</u>** – the General Account includes all our assets, including any Contract Value allocated to the Fixed Account, which are available to our creditors.

**<u>Good Order</u>** – when our administrative requirements, including all information, documentation and instructions deemed necessary by us, in our sole discretion, are met in order to issue a Contract or execute any requested transaction pursuant to the terms of the Contract.

**<u>Income Date</u>** – the date on which you begin receiving annuity payments.

**<u>Investment Division</u>** – one of multiple variable options of the Separate Account to allocate your Contract's value, each of which exclusively invests in a different available Fund. The Investment Divisions are called variable because the return on investment is not guaranteed.

**<u>Issue Date</u>** – the date your Contract is issued.

**<u>Jackson of NY, JNLNY, we, our, or us</u>** – Jackson National Life Insurance Company of New York. (We do not capitalize "we," "our," or "us" in the prospectus.)

**<u>Latest Income Date</u>** – the Contract Anniversary on which the Owner will be 95 years old, or such date allowed by the Company on a non-discriminatory basis or as required by an applicable qualified plan, law or regulation.

**<u>Market Value Adjustment</u>** – an adjustment to the Contract Value that is withdrawn or transferred from a Fixed Account Option before the end of the selected Fixed Account Option period.

**<u>Owner, you or your</u>** – the natural person or legal entity entitled to exercise all rights and privileges under the Contract. Any reference to the Owner includes any joint Owner.

**<u>Remaining Premium</u>** – total Premium paid into the Contract, reduced by withdrawals of Premium, including withdrawal charges, before withdrawals are adjusted for any applicable Market Value Adjustments or charges.

**<u>Premium(s)</u>** – considerations paid into the Contract by or on behalf of the Owner.

**<u>Separate Account</u>** – JNLNY Separate Account I. The Separate Account is divided into sub-accounts generally referred to as Investment Divisions.

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**OVERVIEW OF THE CONTRACT**

**Purpose of the Contract**

The Perspective II Contract is intended to help you save for retirement or another long-term investment purpose through investments

in a variety of investment options during the accumulation phase. The Contract also offers death benefits to protect your designated

beneficiaries. Through the annuitization feature, the Contract can supplement your retirement income by providing a stream of income

payments. The Contract also offers certain add-on living benefits that provide you with the ability to take guaranteed withdrawals.

This Contract 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 Funds.

**Phases of the Contract**

Your Contract has two phases: the accumulation phase, when you make Premium payments to us, and the income phase, when we make income payments to you.

***Accumulation Phase***

During the accumulation phase, to help you accumulate assets, you can allocate your Premium payments to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a variety of Investment Divisions. Each Investment Division invests in a corresponding (mutual fund) Fund, each of which has its own investment strategies, investment adviser(s), expense ratios, and returns; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a variety of Fixed Account Options, subject to availability, which offer a guaranteed fixed interest rate for a specified period. The Fixed Account Options are not available if you elect certain add-on benefits.

**A list of Funds and additional information about the Funds in which the Investment Divisions currently invest is provided in Appendix A: Funds Available Under the Contract.**

***Income Phase***

You can elect to annuitize your Contract and turn your Contract Value into a stream of fixed and/or variable income payments from us. (Variable payments depend on the performance of the Investment Divisions.) Currently, we offer income options that provide payments for (i) the life of the Annuitant(s), (ii) a specified period, or (iii) a combination of life and a specified period. We may offer other options, at our discretion, where permitted by state law. At the Income Date, you can choose to receive fixed payments or variable payments.

Please note that if you annuitize, your Contract Value will be converted to income payments and you may no longer withdraw money at will from your Contract. All add-on benefits terminate when you begin taking income payments.

**Contract Features**

**Accessing your money.** Until you annuitize, you have full access to your money. You can choose to withdraw your Contract Value at any time (although if you withdraw early, you may have to pay a withdrawal charge, a contract maintenance charge, charges due under any optional endorsement, a Market Value Adjustment, and/or taxes, including tax penalties). Certain withdrawals could substantially reduce or even terminate the benefits available under the Contract.

**Tax treatment.** Your Premium payments accumulate on a tax-deferred basis. This means your earnings are not taxed until you take money out of your Contract, such as when (1) you make a withdrawal; (2) you receive an income payment from the Contract; or (3) upon payment of a death benefit.

**Death benefits.** Your Contract includes a Basic Death Benefit that will pay your designated Beneficiaries the greater of: (i) your Contract Value on the date we receive all required documentation from your Beneficiary; or (ii) the total Premiums you have paid since your Contract was issued reduced for prior withdrawals (including any applicable charges and adjustments) in the same proportion that the Contract Value was reduced on the date of the withdrawal. You can purchase add-on death benefits under the Contract that provide additional death benefits for an additional fee. These add-on death benefits may increase the amount of money payable to your designated Beneficiaries upon your death.

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**Add-on benefits that occur during your lifetime.** For an additional fee, you can purchase a guaranteed minimum withdrawal benefit (GMWB) that guarantees the withdrawal of a minimum annual amount (GAWA) for a specified period or for life, regardless of the performance of the underlying investment options, subject to certain conditions. Some add-on benefits may provide significant incentives for not taking the guaranteed withdrawals. In addition, exercising your right to opt out of charge increases to the add-on benefits will impact your ability to make subsequent premium payments into your Contract, and cut off some of the features of the add-on benefits. All add-on benefits terminate when you annuitize your Contract voluntarily or on the Latest Income Date, including the For Life payments guaranteed by the benefits. Some add-on benefits may provide an income option that allows the equivalent of For Life payments when you annuitize on the Latest Income Date.

**Extended Care Benefit.** At no additional charge, we currently include an Extended Care Benefit with all Contracts. This benefit increases the amount that can be withdrawn from your Contract without a withdrawal charge when certain qualifying events occur.

**Rebalancing.** At no additional charge, you can arrange to have us automatically reallocate your Contract Value among Investment Divisions and the one-year Fixed Account Option (if currently available) periodically to maintain your selected allocation percentages. Certain restrictions apply.

**Dollar Cost Averaging.** Alternately, at no additional charge, you may select either (i) Dollar Cost Averaging, which automatically transfers a dollar amount or percentage of money periodically from the one-year Fixed Account Option or any of the Investment Divisions into the Investment Divisions and other Fixed Account Options, or (ii) Dollar Cost Averaging Plus (DCA+), which automatically transfers a dollar amount or percentage of money periodically from the DCA+ Fixed Account Option to Investment Divisions or other Fixed Account Options. Certain restrictions apply.

**Earnings Sweep.** At no additional charge, you can choose to move your earnings from the one-year Fixed Account Option, if currently available, and the JNL/Dreyfus Government Money Market Investment Division. Restrictions apply.

**Contract Adjustments**

**Market Value Adjustment:** A Market Value Adjustment ("MVA") may apply to amounts withdrawn or transferred from the Fixed Account during a Fixed Account Option term. The Market Value Adjustment reflects changes in the level of interest rates since the Issue Date. Market Value Adjustments protect the Company from risks related to the value of the fixed investment instruments supporting the Contract guarantees if amounts are withdrawn prematurely. The Market Value Adjustment shifts the risk from the Company to you. The application of a Market Value Adjustment could result in a reduction in the amount you receive from a withdrawal, and in extreme circumstances, such losses could be as high as 100% of any credited interest. However, a Market Value Adjustment will never cause you to lose any of your original investment. A Market Value Adjustment could also increase the amount you receive from a withdrawal in certain market conditions. A Market Value Adjustment will not otherwise affect the values under your Contract.

There is no Market Value Adjustment on: amounts taken from the one-year Fixed Account Option; death benefit payments; payments pursuant to a life contingent income option or an income option resulting in payments spread over at least five years; amounts withdrawn for Contract charges; free withdrawals; amounts removed from the GMAB Fixed Account Option; amounts removed from any Fixed Account Option on the Latest Income Date and amounts removed from any Fixed Account Option in the 30-day period following the end of a Fixed Account Option term. In no event will the amount of a total withdrawal, transfer or annuitization from the Fixed Account Options be less than the Fixed Account Minimum Value. In the case of a withdrawal or transfer from a Fixed Account Option, the amount withdrawn or transferred will have been credited with interest at a rate at least equal to the Fixed Account minimum interest rate, even if subject to a Market Value Adjustment that otherwise would have reduced it below that rate.

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**IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT**

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| | | | | |
|:---|:---|:---|:---|:---|
| | **FEES, EXPENSES, AND ADJUSTMENTS** | **FEES, EXPENSES, AND ADJUSTMENTS** | **FEES, EXPENSES, AND ADJUSTMENTS** | **LOCATION IN PROSPECTUS** |
| **Are There Charges or Adjustments for Early Withdrawals?** | **Yes.** If you withdraw money from your Contract within 7 Complete Years following your last Premium payment, you will be assessed a withdrawal charge. The maximum withdrawal charge is 7.0% of the Remaining Premium withdrawn during the first Completed Year. For example, if you make an early withdrawal within the first Completed Year, you could pay a withdrawal charge of up to $7,000 on a $100,000 investment. The withdrawal charge then declines by 1% per year for each additional Completed Year, until the end of the seventh Completed Year, after which no charge is made.<br>In addition, if all or a portion of Contract Value is removed from a Fixed Account Option before the end of the Fixed Account Option term, we will apply a Market Value Adjustment, which may be negative. The Market Value Adjustment applies to partial or total withdrawals, transfers, or annuitizations from a Fixed Account Option prior to the end of the specified Fixed Account Option term. You could lose up to 100% of any credited interest due to this Market Value Adjustment. However, a negative Market Value Adjustment will never cause you to lose any of your original investment. For example, if you allocate $100,000 to a 3-year Fixed Account Option, and earn 2.5% interest annually, after one year your investment has grown to $102,500. If you then withdraw the entire amount after only one year, you could lose up to $2,500 of your credited interest. This loss will be greater if you also have to pay a Withdrawal Charge, taxes, and tax penalties. | **Yes.** If you withdraw money from your Contract within 7 Complete Years following your last Premium payment, you will be assessed a withdrawal charge. The maximum withdrawal charge is 7.0% of the Remaining Premium withdrawn during the first Completed Year. For example, if you make an early withdrawal within the first Completed Year, you could pay a withdrawal charge of up to $7,000 on a $100,000 investment. The withdrawal charge then declines by 1% per year for each additional Completed Year, until the end of the seventh Completed Year, after which no charge is made.<br>In addition, if all or a portion of Contract Value is removed from a Fixed Account Option before the end of the Fixed Account Option term, we will apply a Market Value Adjustment, which may be negative. The Market Value Adjustment applies to partial or total withdrawals, transfers, or annuitizations from a Fixed Account Option prior to the end of the specified Fixed Account Option term. You could lose up to 100% of any credited interest due to this Market Value Adjustment. However, a negative Market Value Adjustment will never cause you to lose any of your original investment. For example, if you allocate $100,000 to a 3-year Fixed Account Option, and earn 2.5% interest annually, after one year your investment has grown to $102,500. If you then withdraw the entire amount after only one year, you could lose up to $2,500 of your credited interest. This loss will be greater if you also have to pay a Withdrawal Charge, taxes, and tax penalties. | **Yes.** If you withdraw money from your Contract within 7 Complete Years following your last Premium payment, you will be assessed a withdrawal charge. The maximum withdrawal charge is 7.0% of the Remaining Premium withdrawn during the first Completed Year. For example, if you make an early withdrawal within the first Completed Year, you could pay a withdrawal charge of up to $7,000 on a $100,000 investment. The withdrawal charge then declines by 1% per year for each additional Completed Year, until the end of the seventh Completed Year, after which no charge is made.<br>In addition, if all or a portion of Contract Value is removed from a Fixed Account Option before the end of the Fixed Account Option term, we will apply a Market Value Adjustment, which may be negative. The Market Value Adjustment applies to partial or total withdrawals, transfers, or annuitizations from a Fixed Account Option prior to the end of the specified Fixed Account Option term. You could lose up to 100% of any credited interest due to this Market Value Adjustment. However, a negative Market Value Adjustment will never cause you to lose any of your original investment. For example, if you allocate $100,000 to a 3-year Fixed Account Option, and earn 2.5% interest annually, after one year your investment has grown to $102,500. If you then withdraw the entire amount after only one year, you could lose up to $2,500 of your credited interest. This loss will be greater if you also have to pay a Withdrawal Charge, taxes, and tax penalties. | **<u>Charges- Transaction Expenses: Withdrawal Charge</u>** |
| **Are There Transaction Charges?** | **Yes.** In addition to withdrawal charges and contract adjustments, you also may be charged for other transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds. | **Yes.** In addition to withdrawal charges and contract adjustments, you also may be charged for other transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds. | **Yes.** In addition to withdrawal charges and contract adjustments, you also may be charged for other transactions, such as when you transfer cash value between investment options more than 25 times a year, or if you request expedited delivery or wire transfer of funds. | **<u>Charges- Transaction Expenses</u>** |
| **Are There Ongoing Fees and Expenses?**<br>(annual charges) | **Yes.** The table below describes the fees and expenses that you may pay *each year*, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected. | **Yes.** The table below describes the fees and expenses that you may pay *each year*, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected. | **Yes.** The table below describes the fees and expenses that you may pay *each year*, depending on the options you choose. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected. | **<u>Charges- Add-On Benefit Expenses, Add-On Death Benefit Expenses</u>** |
| **Are There Ongoing Fees and Expenses?**<br>(annual charges) | &nbsp;&nbsp;&nbsp;&nbsp;**ANNUAL FEE** | **MINIMUM** | **MAXIMUM** | |
| **Are There Ongoing Fees and Expenses?**<br>(annual charges) | 1. Base Contract | 1.41% | 1.41% | **<u>Charges- Annual Contract Expenses: Core Contract Charge</u>** |
| **Are There Ongoing Fees and Expenses?**<br>(annual charges) | 2. Fund fees and expenses<sup>2</sup> | 0.52% | 2.38% | **<u>Charges- Fund Expenses</u>** |
| **Are There Ongoing Fees and Expenses?**<br>(annual charges) | 3. Optional benefits available for an additional charge (for a single optional benefit, if elected) | See current Rate Sheet Prospectus Supplement | See current Rate Sheet Prospectus Supplement | **<u>Charges- Add-On Benefit Expenses</u>**<br>**<u>Rate Sheet Prospectus Supplement</u>** |
|  | 1.As a percentage of daily average Contract Value of the Investment Divisions.<br>2.As a percentage of average Fund net assets.<br>3.This prospectus utilizes Rate Sheet Prospectus Supplements to describe the current minimum and maximum charges you would pay for a single optional benefit, if elected. To obtain a copy of the most recent Rate Sheet Prospectus Supplement(s), please visit <u>www.jackson.com/product-literature-4.html</u>. | 1.As a percentage of daily average Contract Value of the Investment Divisions.<br>2.As a percentage of average Fund net assets.<br>3.This prospectus utilizes Rate Sheet Prospectus Supplements to describe the current minimum and maximum charges you would pay for a single optional benefit, if elected. To obtain a copy of the most recent Rate Sheet Prospectus Supplement(s), please visit <u>www.jackson.com/product-literature-4.html</u>. | 1.As a percentage of daily average Contract Value of the Investment Divisions.<br>2.As a percentage of average Fund net assets.<br>3.This prospectus utilizes Rate Sheet Prospectus Supplements to describe the current minimum and maximum charges you would pay for a single optional benefit, if elected. To obtain a copy of the most recent Rate Sheet Prospectus Supplement(s), please visit <u>www.jackson.com/product-literature-4.html</u>. |  |

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|:---|:---|:---|:---|
| Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, **which could add surrender (withdrawal) charges and negative Contract Adjustments that substantially increase costs**. | Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, **which could add surrender (withdrawal) charges and negative Contract Adjustments that substantially increase costs**. | Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, **which could add surrender (withdrawal) charges and negative Contract Adjustments that substantially increase costs**. | Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, **which could add surrender (withdrawal) charges and negative Contract Adjustments that substantially increase costs**. |
| | &nbsp;&nbsp;**LOWEST ANNUAL COST: See Current Rate Sheet Prospectus Supplement** | **HIGHEST ANNUAL COST: See Current Rate Sheet Prospectus Supplement** | **<u>Rate Sheet Prospectus Supplement</u>** |
|  | Assumes:<br>&nbsp;&nbsp;&nbsp;&nbsp;• Investment of $100,000<br>&nbsp;&nbsp;&nbsp;&nbsp;• 5% annual appreciation<br>&nbsp;&nbsp;&nbsp;&nbsp;• Least expensive combination of Fund fees and expenses<br>&nbsp;&nbsp;&nbsp;&nbsp;• No add-on benefits<br>&nbsp;&nbsp;&nbsp;&nbsp;• No sales charges<br>&nbsp;&nbsp;&nbsp;&nbsp;• No additional purchase payments, transfers or withdrawals | Assumes:<br>&nbsp;&nbsp;&nbsp;&nbsp;• Investment of $100,000<br>&nbsp;&nbsp;&nbsp;&nbsp;• 5% annual appreciation<br>&nbsp;&nbsp;&nbsp;&nbsp;• Most expensive combination of add-on benefits and Fund fees and expenses<br>&nbsp;&nbsp;&nbsp;&nbsp;• No sales charges<br>&nbsp;&nbsp;&nbsp;&nbsp;• No additional purchase payments, transfers or withdrawals |  |
|  | **RISKS** | **RISKS** | **Location in Prospectus** |
| **Is There a Risk of Loss from Poor Performance?** | **Yes.** You can lose money by investing in this Contract. | **Yes.** You can lose money by investing in this Contract. | **<u>Principal Risks</u>** |
| **Is this a Short-Term Investment?** | **No.** This Contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash.<br>Withdrawal charges apply for up to 7 years following your last Premium payment. They will reduce the value of your Contract if you withdraw money during that time. Amounts removed from a Fixed Account Option prior to the end of a Fixed Account Option term may also result in a negative Market Value Adjustment. The benefits of tax deferral and living benefit protections also mean the Contract is more beneficial to investors with a long time horizon. | **No.** This Contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash.<br>Withdrawal charges apply for up to 7 years following your last Premium payment. They will reduce the value of your Contract if you withdraw money during that time. Amounts removed from a Fixed Account Option prior to the end of a Fixed Account Option term may also result in a negative Market Value Adjustment. The benefits of tax deferral and living benefit protections also mean the Contract is more beneficial to investors with a long time horizon. | **<u>Principal Risks</u>** |
| **What Are the Risks Associated with the Investment Options?** | An investment in this Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options you choose. Each investment option (Investment Divisions and Fixed Account Options) has its own unique risks. Early withdrawals from a Fixed Account Option may be subject to a Market Value Adjustment. You should review the investment options before making an investment decision. | An investment in this Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options you choose. Each investment option (Investment Divisions and Fixed Account Options) has its own unique risks. Early withdrawals from a Fixed Account Option may be subject to a Market Value Adjustment. You should review the investment options before making an investment decision. | **<u>Principal Risks</u>** |
| **What Are the Risks Related to the Insurance Company?** | Any obligations (including under the Fixed Account Options), guarantees, and benefits of the Contract are subject to the claims-paying ability of Jackson of NY. More information about Jackson of NY is available upon request by visiting our website at <u>www.jackson.com</u> or by calling 1-800-599-5651. | Any obligations (including under the Fixed Account Options), guarantees, and benefits of the Contract are subject to the claims-paying ability of Jackson of NY. More information about Jackson of NY is available upon request by visiting our website at <u>www.jackson.com</u> or by calling 1-800-599-5651. | **<u>Principal Risks</u>** |

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| | **RESTRICTIONS** | |
| **Are There Restrictions on the Investment Options?** | **Yes.** <br>**Premium Payments.**<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The minimum initial Premium payment must be at least $10,000 for a non-qualified plan Contract, or $5,000 for a qualified plan Contract. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The minimum subsequent Premium payment must be at least $500 ($50 for an automatic payment plan).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The maximum aggregate Premium payments you may make without our prior approval is $1 million.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• There is a minimum allocation requirement of $100. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• We reserve the right, in our discretion, to limit, restrict, suspend or reject any or all initial or subsequent Premium payments and to limit the amount, frequency or timing of Premium payments, at any time on a non-discriminatory basis.<br>**Transfers.**<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• We reserve the right to charge $25 for each transfer when you transfer money between Investment Divisions in excess of 25 times in a Contract Year.<br>**Investment Restrictions**<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Jackson of NY may remove or substitute Funds as investment options available under the Contract, and may limit or suspend availability of the Fixed Account Options.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The availability of investment options may vary depending on the broker-dealer or financial intermediary through which the Contract is sold. You should discuss with your financial professional any limitations or restrictions on investment options that apply through their broker-dealer.  | **<u>Purchases</u>**<br>**<u>Principal Risks</u>**<br>**<u>Appendix J: Financial Intermediary Variations</u>** |
| **Are There any Restrictions on Contract Benefits?** | **Yes.** Certain benefits may limit withdrawals or other rights under the Contract. Under certain benefits, a withdrawal could reduce the value of a benefit by more than the dollar amount of the withdrawal. All add-on benefit's availability may vary by date of purchase. We may modify or discontinue an add-on benefit at any time. The availability of Contract benefits may vary depending on the broker-dealer or financial intermediary through which the Contract is sold. You should discuss with your financial professional any limitations or restrictions on Contract benefits that apply through their broker-dealer.  | **<u>Benefits Available Under the Contracts</u>**<br>**<u>Appendix J: Financial Intermediary Variations</u>** |

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|:---|:---|:---|
| | **TAXES** | |
| **What Are the Contract's Tax Implications?** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Consult with a tax professional to determine the tax implications of an investment in and purchase payments received under this Contract.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• If you purchase the Contract through a tax-qualified plan or individual retirement account (IRA), you do not get any additional tax deferral.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Earnings on your Contract are taxed at ordinary income tax rates when you withdraw them, and you may have to pay a penalty if you take a withdrawal before age 59 ½. | **<u>Taxes</u>** |
|  | **CONFLICTS OF INTEREST** |  |
| **How Are Investment**<br>**Professionals**<br>**Compensated?** | Your financial professional or other investment professionals may receive compensation for selling this Contract to you in the form of commissions, revenue sharing, and other compensation programs. Accordingly, investment professionals may have a financial incentive to offer or recommend this Contract over another investment. | **<u>Distribution of Contracts</u>** |
| **Should I Exchange My Contract?** | Some investment professionals may have a financial incentive to offer you a new contract in place of the one you own. You should only consider exchanging your Contract if you determine, after comparing the features, fees, and risks of both contracts, that it is in your best interest to purchase the new contract rather than continue to own your existing Contract. | **<u>Non-Qualified Contracts - 1035 Exchanges</u>** |

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**BENEFITS AVAILABLE UNDER THE CONTRACTS**

The following tables summarize information about the benefits available under the Contract. The availability of Contract benefits may vary depending on the broker-dealer or financial intermediary through which the Contract is sold. See Appendix J: Financial Intermediary Variations in the prospectus for more information. You can find the prospectus online at <u>www.jackson.com/product-literature-4.html</u>.

**Basic Death Benefit (automatically included with the Contract)**

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|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **Basic Death Benefit** | Guarantees your Beneficiaries will receive a benefit of at least equal to the greater of your Contract Value or your total Premiums paid. | No additional charge | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals could significantly reduce the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Benefit terminates on annuitization. |

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**Add-On Death Benefits Available For a Fee**

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|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **Highest Anniversary Value GMDB** | Provides a new locked-in higher death benefit on each Contract anniversary (prior to the oldest Covered Life's 81<sup>st</sup> birthday) if your investments increase in value  | Maximum 0.50%<br>(as a percentage of the average daily Contract Value in the Investment Divisions) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals could significantly reduce or terminate the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Fee may be increased on each 5<sup>th</sup> Contract Anniversary (opting out will affect the benefit and the Contract).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• May provide value after the Income Date.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Availability of all add-on death benefits are subject to age limitations. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Only one add-on death benefit may be elected. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available to Owners age 79 and younger. |
| **Flex DB NY (previously called LifeGuard Freedom Flex DB NY)** | This death benefit works in connection with the Flex GMWB and provides a minimum death benefit equal to the Flex GMWB Guaranteed Withdrawal Balance (GWB), that is reduced for your allowed annual withdrawals. | Maximum 1.02%<br>(as a percentage of the GMWB Death Benefit) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available only at issue and only with the certain benefit options under the Flex GMWB (previously called LifeGuard Freedom Flex GMWB.)<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawal percentages depend on age and date of election.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals could significantly reduce or terminate the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Fee may be increased on each 5<sup>th</sup> Contract Anniversary (opting out will affect the benefit and the Contract).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• May provide value after the Income Date.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Availability of all add-on death benefits are subject to age limitations. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Only one add-on death benefit may be elected. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available to Owners age 35-75. |

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**Add-On Living Benefits Available For a Fee**

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| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **AutoGuard** | Enables you to make partial withdrawals prior to the Income Date that, in total, are guaranteed to equal the GWB regardless of your Contract Value. | Maximum 1.74%<br>(as a percentage of benefit base) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals could reduce or terminate step ups.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Excess withdrawals could significantly reduce or terminate the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available to add to a Contract on the Contract's Issue Date, or on any Contract Anniversary, subject to availability. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Not available on a contract that already has a GMWB.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• May be added on the Issue Date or a Contract Anniversary (with advance notice, subject to availability). <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subject to fee increases on each 5<sup>th</sup> Contract Anniversary (opting out will affect the benefit and the Contract).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subject to a maximum guaranteed withdrawal balance ("GWB") of $10 million.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Terminates on the Income Date.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Cannot be cancelled by you (except upon spousal continuation).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available to Owners age 80 and younger. |

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| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **Flex Net GMWB (Single) and (Joint) (previously called LifeGuard Freedom Net GMWB)** | This benefit provides a feature that allows you to have guaranteed income for life (or joint lives under the Joint for Life option) plus greater access to your earnings. It uses an annual bonus and step-ups to help increase your Guaranteed Withdrawal Balance ("GWB"), the "protected balance" from which you take income. The features of this benefit provide more flexibility so you can plan for your unique needs. The primary features are the Guaranteed Annual Withdrawal Amount ("GAWA") and the Earnings Sensitive Adjustment (ESA). Your GAWA is the minimum amount of income you'll be able to count on annually and is based on your age at the time of your first withdrawal. The ESA allows you to take more income when you have earnings over your previous year's Contract Value (GMWB earnings). | Single Life Option:<br>Maximum: 3.00%<br>Joint Life Option:<br>Maximum: 3.00%<br>(The maximum annual charges are based on election of the highest cost benefit option) <br>(as a percentage of benefit base) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• GAWA% depends on age and income stream included with selected benefit option at time of first withdrawal.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Bonus applies for limited period and requires no withdrawals.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Jackson of NY may prospectively change the GAWA%, including the age bands, on new GMWB endorsements.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals prior to start of For Life Guarantee and excess withdrawals could significantly reduce or terminate the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• May be added on the Issue Date or a Contract Anniversary (with advance notice, subject to availability). <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subject to fee increases on each 5<sup>th</sup> Contract Anniversary (opting out will affect the benefit and the Contract).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subject to a maximum guaranteed withdrawal balance ("GWB") of $10 million.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Terminates on the Income Date.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Cannot be cancelled by you (except upon spousal continuation).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available to Owners age 35-80. |

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| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **Flex GMWB (Single) and (Joint) (previously called LifeGuard Freedom Flex GMWB)** | Offers a unique level of flexibility because you can choose from a range of bonus options to increase your Guaranteed Withdrawal Balance ("GWB"). In down or flat market years, you can receive a bonus in years you don't take withdrawals, when your contract does well, you can lock in investment gains with step-ups, and as your protected GWB steps up, your bonus amount can also grow. | Single Life Option:<br>Maximum: 3.00%<br>Joint Life Option:<br>Maximum: 3.00%<br>(The maximum annual charges are based on election of the most expensive combination of options.)<br>(as a percentage of benefit base) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• GAWA% depends on age and income stream level included with selected benefit option at time of first withdrawal.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Bonus applies for limited period and requires no withdrawals.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Amount of guaranteed withdrawals depends on the benefit option and specified combination of optional features under the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Jackson of NY may prospectively change the GAWA%, including the age bands, on new GMWB endorsements.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Withdrawals prior to start of For Life Guarantee and excess withdrawals could significantly reduce or terminate the benefit.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• May be added on the Issue Date or a Contract Anniversary (with advance notice, subject to availability). <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subject to fee increases on each 5<sup>th</sup> Contract Anniversary (opting out will affect the benefit and the Contract).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subject to a maximum guaranteed withdrawal balance ("GWB") of $10 million.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Terminates on the Income Date.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Cannot be cancelled by you (except upon spousal continuation).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available to Owners age 35-80. |

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| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **MarketGuard Stretch GMWB** | GMWB guarantees partial withdrawals during the Contract's accumulation phase until the earliest of (i) the Owner's death, (ii) until all withdrawals under the Contract equal the Guaranteed Withdrawal Balance (GWB), without regard to Contract Value, or (iii) the Contract Anniversary occurring in the GMWB Maturity Year.  | Maximum: 2.22%<br>(as a percentage of benefit base) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• GAWA% depends on age and selected income stream at time of first withdrawal.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The GWB can never be more than $10 million, and the GWB is reduced by each withdrawal.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This GMWB is not available on a Contract that already has a GMWB.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• This add-on benefit is not available on tax-qualified contracts. <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subject to fee increases on each 5<sup>th</sup> Contract Anniversary (opting out will affect the benefit and the Contract).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Subject to a maximum guaranteed withdrawal balance ("GWB") of $10 million.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Terminates on the Income Date.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Cannot be cancelled by you (except upon spousal continuation).<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Available to Owners age 80 and younger. |

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**Other Add-On Benefits Included With All Contracts At No Additional Cost**

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|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **Extended Care Benefit** | Increases the amount that can be withdrawn from your Contract without a withdrawal charge if you experience certain qualifying events such as confinement to a nursing home or hospital for 90 consecutive days. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Maximum free withdrawal amount is $250,000 of your Contract Value.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Can only be exercised once.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Any Market Value Adjustment still applies.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Physician's statement required.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Qualifying event must occur after the Contract was issued. |
| **Rebalancing** | Automatically reallocates your Contract Value among Investment Divisions and the one-year Fixed Account Option (if currently available) periodically to maintain your selected allocation percentages. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Rebalancing will terminate if your rebalancing program includes the one-year Fixed Account Option and we impose any transfer restrictions or requirements on the one-year Fixed Account Option. |
| **Dollar Cost Averaging** | Automatically transfers a dollar amount or percentage of money periodically from the one-year Fixed Account Option or any of the Investment Divisions into the Investment Divisions and other Fixed Account Options. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Restrictions may apply if we impose any transfer restrictions on the one-year Fixed Account Option You may cancel your Dollar Cost Averaging program using whatever methods you use to change your allocation instructions. |

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|:---|:---|:---|:---|
| **NAME OF BENEFIT** | **PURPOSE** | **MAXIMUM FEE** | **BRIEF DESCRIPTION OF RESTRICTIONS/LIMITATIONS** |
| **Dollar Cost Averaging Plus (DCA+)** | If available, offers a fixed interest rate that we guarantee for a period of up to one year in connection with systematic transfers from the DCA+ Fixed Account Option to one or more of the Investment Divisions or other Fixed Account Options. From time to time, we will offer special enhanced rates on the DCA+ Fixed Account Option. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Restrictions may apply if we impose any transfer restrictions on the one-year Fixed Account Option.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The DCA+ Fixed Account Option is only available for new Premiums.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• A Contract Value of $15,000 is required to participate. |
| **Earnings Sweep** | Allows you to choose to move your earnings from the source accounts (only applicable from the one-year Fixed Account Option, if currently available, and the JNL/Dreyfus Government Money Market Investment Division). |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** May only be added within 30 days of the issue date of your Contract.<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• You may cancel your Earnings Sweep program using whatever methods you use to change your allocation instructions.  |

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**BUYING THE CONTRACT** 

**Q. How do I purchase the Perspective II**<sup>®</sup> **Contract?**

A. To purchase a Contract, you must complete an application. Your financial professional will submit your application, along with your initial Premium payment, to us. Acceptance of applications is subject to Jackson of NY's rules. We reserve the right to reject any application or initial Premium payment.

**Q. How much can I contribute and how are my Premium payments invested?** 

A. You may allocate Premium payments in the available Investment Divisions and Fixed Account Options.

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|:---|:---|:---|
| | **NON-QUALIFIED CONTRACTS** | **QUALIFIED CONTRACTS** |
| **Minimum Initial Premium** | $10,000<br>(under most circumstances) | $5000 |
| **Minimum Subsequent Premiums** | $500<br>($50 for auto payment plan) | $500<br>($50 for auto payment plan) |
| **Maximum Total Premiums** | $1,000,000 (without prior approval)<br>Jackson of NY reserves the right to lower the maximum. | $1,000,000 (without prior approval)<br>Jackson of NY reserves the right to lower the maximum. |

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You can pay additional Premiums at any time during the accumulation phase unless a specific add-on benefit or feature provides limitations; however, if the Four-Year Withdrawal Charge Schedule add-on benefit is elected, no Premium will be accepted after the first Contract Year. We can limit, restrict, suspend or reject any Premium payments for any reason. Allocation restrictions may apply to certain options.

**Q. When will my Premium payments be credited to my account?** 

A. We will issue your Contract and allocate your first Premium within two Business Days (days when the New York Stock Exchange is open) after we receive your first Premium and all information that we require for the purchase of a Contract. If we do not receive all of the information that we require, we will contact you to get the necessary information. If for some reason we are unable to complete this process within five Business Days, we will return your money.

Subsequent Premium payments should be sent to one of the following addresses**:**

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| **Regular Mail**<br>P.O. Box 24068, Lansing, Michigan 48909-4068 | **Express Mail**<br>1 Corporate Way, Lansing, Michigan 48951 |

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Subsequent Premiums are allocated on the Business Day that the Premium is received. Each Business Day ends when the New York Stock Exchange closes (usually 4:00 p.m. Eastern time).

**MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR CONTRACT** 

**Q.&nbsp;&nbsp;&nbsp;&nbsp;Can I access the money in my account during the accumulation phase?**

A.&nbsp;&nbsp;&nbsp;&nbsp;Until you annuitize, you have full access to your money. You can choose to withdraw your Contract Value at any time (although if you withdraw early, you may have to pay a withdrawal charge, contract maintenance charge, charges due under any add-on benefit, a Market Value Adjustment, and/or taxes, including tax penalties).

You can have access to the money in your Contract by making a partial or total withdrawal, by electing the Automatic Withdrawal Program, or by electing a Guaranteed Minimum Withdrawal Benefit. Withdrawals will reduce the Contract Value of your Contract (including the amount of the death benefit). However, withdrawing the Contract Value of your Contract below a certain level will terminate your Contract.

Certain benefits may limit withdrawals under the Contract. Certain withdrawals could substantially reduce or even terminate the benefits available under the Contract.

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**Q.&nbsp;&nbsp;&nbsp;&nbsp;Are there limitations and consequences associated with taking money out of my Contract during the accumulation phase?**

A.&nbsp;&nbsp;&nbsp;&nbsp;Yes. These limitations and consequences include:

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|:---|:---|
| **Limitations on withdrawal amounts** | The minimum withdrawal amount is the lesser of $500 or, if less, the entire amount in the applicable Investment Division or Fixed Account Option. The minimum withdrawal is $50 under the Automatic Withdrawal Program. |
| **Charges, Market Value Adjustment, and taxes** | As described above, when you take out money, there may be withdrawal charges, a contract maintenance charge, charges due under any add-on benefit, a Market Value Adjustment, and applicable taxes. |
| **Negative impact of withdrawal on benefits and guarantees of your Contract** | A withdrawal may have a negative impact on certain standard benefits or add-on benefits that you may elect. It may reduce the value of or even terminate certain benefits. |

---

**Q.&nbsp;&nbsp;&nbsp;&nbsp;What is the process to request a withdrawal of money from my Contract?** 

A.&nbsp;&nbsp;&nbsp;&nbsp;You can request a withdrawal from the Contract at any time before the Income Date. To request a partial or total withdrawal, you can send a written request in Good Order to one of the following addresses:

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| | |
|:---|:---|
| **Regular Mail**<br>P.O. Box 24068, Lansing, Michigan 48909-4068 | **Express Mail**<br>1 Corporate Way, Lansing, Michigan 48951 |

---

Generally, for partial or total withdrawal requests received in Good Order before the end of the Business Day, we will process your request that day. If we receive your request in Good Order after the close of the end of the Business Day, your request will be processed the next Business Day. Generally, Jackson of NY will pay the withdrawal proceeds within seven days of a request in Good Order.

**Q.&nbsp;&nbsp;&nbsp;&nbsp;Can I access the money in my account during the income phase?**

A.&nbsp;&nbsp;&nbsp;&nbsp;The income phase of your Contract occurs when you begin receiving regular income payments from us. You can choose an income option and the date income payments begin (subject to a maximum age). All of the Contract Value must be annuitized. If you annuitize, you may no longer withdraw money at will from your Contract. However, under income options with a specified period, the Beneficiary may request a lump sum payment subject to a commutation fee.

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**ADDITIONAL INFORMATION ABOUT FEES** 

The following tables describe the fees, expenses, and adjustments that you will pay when buying, owning, and making partial or total withdrawals from an Investment Option or from the Contract. Please refer to your Contract Data Pages for information about the specific fees you will pay each year based on the options you have elected.

The first table describes the fees and expenses that you will pay at the time that you buy the Contract, make a partial or total withdrawal from an Investment Option, or transfer Contract Value between Investment Options. State premium taxes may also be deducted.

**<u>Transaction Expenses</u>**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) | &nbsp;&nbsp;&nbsp;**Withdrawal Charge** (as a percentage of Remaining Premium) |
| Completed Years Since Receipt of Premium | 0-1 | 1-2 | 2-3 | 3-4 | 4-5 | 5-6 | 6-7 | 7+ |
|  | 7.0% | 6.0% | 5.0% | 4.0% | 3.0% | 2.0% | 1.0% | 0.0% |

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| | | |
|:---|:---|:---|
| Transfer Charge (per transfer after 25 in a Contract Year) |  | &nbsp;&nbsp;&nbsp;$25 |
| Premium Taxes (Percentage of each Premium)<sup>1</sup> | &nbsp;&nbsp;&nbsp;Minimum | &nbsp;&nbsp;0.0% |
| Premium Taxes (Percentage of each Premium)<sup>1</sup> | Maximum | &nbsp;&nbsp;&nbsp;3.5% |
| Expedited Delivery Charge<sup>2</sup> | Highest Current Charge | &nbsp;&nbsp;&nbsp;$38 |
| Wire Transfers (for withdrawals)<sup>3</sup> | Highest Current Charge | &nbsp;&nbsp;&nbsp;$25 |

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<sup>1</sup><sup>.</sup><sup>&nbsp;&nbsp;&nbsp;&nbsp;</sup>Currently, Premium taxes do not apply.

<sup>2</sup><sup>.</sup><sup>&nbsp;&nbsp;&nbsp;&nbsp;</sup>We pass the current charges for requested expedited delivery services through to you directly, with no added fees or profits to us. This means these charges are subject to change and are not subject to a maximum. Between Monday and Friday, the current Expedited Delivery Charge is $23. On Saturday, the current Expedited Delivery Charge is $38.

<sup>3</sup><sup>.</sup> <sup>&nbsp;&nbsp;&nbsp;&nbsp;</sup>We pass the current charges for requested expedited delivery services through to you directly, with no added fees or profits to us. This means these charges are subject to change and are not subject to a maximum. Currently, standard wire fees are $20 and international wire fees are $25.

**Adjustments**

The next table describes the adjustments, in addition to any transaction expenses, that apply if all or a portion of the Contract Value is removed from an Index Account Option or from the Contract before the expiration of a specified period.

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| | |
|:---|:---|
| **Adjustments** | **Maximum Adjustment** |
| Market Value Adjustment Maximum Potential Loss<sup>1</sup> (as a percentage of credited interest) | 100% |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.A Market Value Adjustment may apply to amounts withdrawn or transferred from the Fixed Account prior to the end of the selected Fixed Account Option period.

The next table describes the fees and expenses that you will pay each year during the time that you own the Contract (not including Fund fees and expenses). If you choose to purchase an add-on benefit, you will pay additional charges, as shown below.

**<u>Annual Contract Expenses</u>**

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| | |
|:---|:---|
| **Administrative Charges** | **Maximum**<br>**<u>Charge</u>** |
| Annual Contract Maintenance Charge<sup>1</sup> | &nbsp;&nbsp;$30 |
| **Base Contract Charges <br>(% of average daily account value of Investment Divisions)** | **Maximum**<br>**<u>Charge</u>** |
| Core Contract Charge<sup>2</sup> | &nbsp;&nbsp;1.40% |

---

&nbsp;&nbsp;&nbsp;&nbsp;<sup>1.&nbsp;&nbsp;&nbsp;&nbsp;</sup>This charge is waived on Contract Value of $50,000 or more. This charge is deducted proportionally from your allocations to the Fixed Account and Investment Divisions either annually (on your Contract Anniversary) or in conjunction with a total withdrawal, as applicable.

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&nbsp;&nbsp;&nbsp;&nbsp;<sup>2.</sup><sup>&nbsp;&nbsp;&nbsp;&nbsp;</sup>This charge is reduced to 1.25% if the Contract Value on the later of the Issue Date or the most recent Contract Quarterly Anniversary is greater than or equal to $1 million.

The next table describes the maximum charges that you will pay each year if you choose to purchase an add-on benefit.

**<u>Add-On Benefit Expenses</u>**

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| | |
|:---|:---|
| **Optional Benefit Charges** | **Maximum Charge** |
| Highest Anniversary Value Death Benefit<sup>1</sup> | 0.50% |
| Flex DB NY (only available with specified benefit options for the Flex GMWB)<sup>2, 3, 4</sup> | 1.02% |
| GMWB With Annual Step-Up ("AutoGuard") <sup>3, 5</sup> | 1.74% |
| For Life GMWB With Bonus, Annual Step-Up, and Earnings-Sensitive Withdrawal Amount ("Flex Net GMWB")<sup>3, 5, 6</sup> | 3.00% |
| Joint For Life GMWB With Bonus, Annual Step-Up, and Earnings-Sensitive Withdrawal Amount ("Flex Net With Joint Option GMWB")<sup>3, 5, 7</sup> | 3.00% |
| For Life GMWB With Bonus and Step-Up to the Highest Quarterly Contract Value ("Flex GMWB")<sup>3, 5, 8</sup> | 3.00% |
| Joint For Life GMWB With Bonus and Step-Up to the Highest Quarterly Contract Value ("Flex With Joint Option GMWB")<sup>3, 5, 9</sup> | 3.00% |
| Guaranteed Minimum Withdrawal Benefit For Stretch RMDs ("MarketGuard Stretch GMWB") <sup>3, 5</sup> | 2.22% |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>1.&nbsp;&nbsp;&nbsp;&nbsp;</sup>This add-on benefit charge is expressed as a percentage of average daily account value in the Investment Divisions.

&nbsp;&nbsp;&nbsp;&nbsp;<sup>2.&nbsp;&nbsp;&nbsp;&nbsp;</sup>The charge for Flex DB NY, is calculated based on the applicable percentage of the GMWB Death Benefit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;This add-on benefit charge is expressed as a percentage of benefit base.

&nbsp;&nbsp;&nbsp;&nbsp;<sup>4.</sup><sup>&nbsp;&nbsp;&nbsp;&nbsp;</sup>The maximum annual charges used in the table are based on election of the Flex Core Benefit option.

&nbsp;&nbsp;&nbsp;&nbsp;<sup>5.&nbsp;&nbsp;&nbsp;&nbsp;</sup>The charges for all the add-on guaranteed minimum withdrawal benefits, except for MarketGuard Stretch GMWB, are calculated based on the applicable percentage of the GWB. For MarketGuard Stretch GMWB, the charge is calculated based on the applicable percentage of the GMWB Charge Base.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>6.&nbsp;&nbsp;&nbsp;&nbsp;</sup>The maximum annual charges used in the table are based on election of the most expensive benefit option under the Flex Net GMWB. The Flex Net GMWB includes different benefit options you may elect, and each benefit option results in different charges.

&nbsp;&nbsp;&nbsp;&nbsp;<sup>7.</sup><sup>&nbsp;&nbsp;&nbsp;&nbsp;</sup>The maximum annual charges used in the table are based on election of the most expensive benefit options under the Flex Net with Joint Option. The Flex Net with Joint Option GMWB includes different benefit options you may elect, and each benefit option results in different charges.

&nbsp;&nbsp;&nbsp;&nbsp;<sup>8.</sup><sup>&nbsp;&nbsp;&nbsp;&nbsp;</sup>The maximum annual charges used in the table are based on election of the most expensive benefit option under the Flex GMWB The Flex GMWB includes different benefit options you may elect, and each benefit option results in different charges.

&nbsp;&nbsp;&nbsp;&nbsp;<sup>9.&nbsp;&nbsp;&nbsp;&nbsp;</sup>The maximum annual charges used in the table are based on election of the most expensive benefit option under the Flex with Joint Option. The Flex with Joint Option GMWB includes different benefit options you may elect, and each benefit option results in different charges.

The next table shows the minimum and maximum total operating expenses charged by the Funds that you may pay periodically during the time that you own the Contract (before any fee waiver or expense reimbursement). The expenses are expressed as a percentage of average net assets of the Funds and may be higher or lower in the future. A complete list of Funds available under the Contract, including their annual expenses, may be found in Appendix A.

**<u>Annual Fund Expenses</u>**

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| | | |
|:---|:---|:---|
| | **Minimum** | **Maximum** |
| Expenses that are deducted from the Fund assets, including management and administration fees, distribution and/or service (12b-1) fees, and other expenses as of December 31, 2025. | &nbsp;&nbsp;0.52% | &nbsp;&nbsp;2.38% |

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**EXAMPLE**

The table below is intended to help you compare the cost of investing in the Investment Divisions with the cost of investing in other annuity contracts that offer variable options. These costs include transaction expenses, annual Contract expenses and annual Fund expenses.

The Example assumes all Contract Value is allocated to the Investment Divisions. The Example does not reflect any Contract Adjustment. Your costs could differ from those shown below if you invest in Fixed Account Options.

The Example assumes that you invest $100,000 in the Investment Divisions 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 Fund expenses and add-on benefits available for an additional charge (using the maximum possible charge). Although your actual costs may be higher or lower, based on these assumptions your costs would be:

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **If you take a total withdrawal of your Contract Value at the end of the applicable time period** | **If you take a total withdrawal of your Contract Value at the end of the applicable time period** | **If you take a total withdrawal of your Contract Value at the end of the applicable time period** | **If you take a total withdrawal of your Contract Value at the end of the applicable time period** | **If you annuitize at the end of the applicable time period** | **If you annuitize at the end of the applicable time period** | **If you annuitize at the end of the applicable time period** | **If you annuitize at the end of the applicable time period** | **If you do <u>not</u> take a total withdrawal of your Contract Value** | **If you do <u>not</u> take a total withdrawal of your Contract Value** | **If you do <u>not</u> take a total withdrawal of your Contract Value** | **If you do <u>not</u> take a total withdrawal of your Contract Value** |
| **1 Year** | **3 Years** | **5 Years** | **10 Years** | **1 Year\*** | **3 Years** | **5 Years** | **10 Years** | **1 Year** | **3 Years** | **5 Years** | **10 Years** |
| $14200 | $25458 | $36398 | $67961 | $14200 | $22458 | $36398 | $67961 | $7700 | $22458 | $36398 | $67961 |

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\*Please be aware that, although we show this cost for comparison purposes, you are not allowed to annuitize this Contract within 13 months of the Contract's Issue Date.

**The example does not represent past or future expenses. Your actual costs may be higher or lower.**

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**APPENDIX A**

**INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT**

The availability of investment options may vary depending on the broker-dealer or financial intermediary through which the Contract is sold. See: Appendix J: Financial Intermediary Variations in the prospectus for more information. You can find the prospectus online at <u>www.jackson.com/product-literature-4.html</u>.

The following is a list of Funds (all Class A shares) available under the Contract, which is subject to change, as discussed in the prospectus. Certain broker-dealers selling the Contracts may limit the Investment Divisions that are available to their customers. You can find information about the Funds online at <u>https://www.jackson.com/fund-literature.html</u>. You can also request this information at no cost by calling 1-800-599-5651 or by sending an email request to ProspectusRequest@jackson.com.

The current expenses and performance information below reflects fees and expenses of the Funds, but does 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 Fund's past performance is not necessarily an indication of future performance.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **1 year** | **5 year** | **10 year** |
| Allocation | **JNL/American Funds Balanced Fund**<sup>1</sup> |  |  |  |  |
| Allocation | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.90%<sup>2</sup> | 15.48% | 8.58% | 9.14% |
| Fixed Income | **JNL/American Funds Bond Fund of America Fund**<sup>1</sup> |  |  |  |  |
| Fixed Income | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.82%<sup>2</sup> | 6.77% | N/A | N/A |
| Allocation | **JNL/American Funds Capital Income Builder Fund**<sup>1</sup> |  |  |  |  |
| Allocation | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.95%<sup>2</sup> | 19.86% | 8.63% | N/A |
| International/<br>Global Equity | **JNL/American Funds Global Growth Fund**<sup>1</sup> |  |  |  |  |
| International/<br>Global Equity | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 1.05%<sup>2</sup> | 21.20% | 7.84% | 11.82% |
| U.S. Equity | **JNL/American Funds Growth Fund**<sup>1</sup> |  |  |  |  |
| U.S. Equity | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.89%<sup>2</sup> | 19.87% | 13.03% | 17.58% |
| U.S. Equity | **JNL/American Funds Growth-Income Fund**<sup>1</sup> |  |  |  |  |
| U.S. Equity | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.91%<sup>2</sup> | 17.64% | 13.48% | 13.48% |
| International/<br>Global Equity | **JNL/American Funds International Fund**<sup>1</sup> |  |  |  |  |
| International/<br>Global Equity | (Investment Adviser to the Master Fund: Capital Research and Management CompanySM) | 1.11%<sup>2</sup> | 26.25% | 3.00% | 6.58% |
| International/<br>Global Equity | **JNL/American Funds New World Fund**<sup>1</sup> |  |  |  |  |
| International/<br>Global Equity | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 1.26%<sup>2</sup> | 27.74% | 4.86% | 8.80% |
| U.S. Equity | **JNL/American Funds**<sup>®</sup> **Washington Mutual Investors Fund**<sup>1</sup> |  |  |  |  |
| U.S. Equity | (Investment Adviser to the Master Fund: Capital Research and Management Company<sup>SM</sup>) | 0.91%<sup>2</sup> | 16.75% | 13.43% | 11.95% |
| Alternative | **JNL Multi-Manager Alternative Fund** |  |  |  |  |
| Alternative | (Boston Partners Global Investors, Inc.; DoubleLine Capital LP; First Pacific Advisors, LP; Kayne Anderson Rudnick Investment Management, LLC; Lazard Asset Management LLC; Loomis, Sayles & Company, L.P.; Westchester Capital Management, LLC | 2.30%<sup>2</sup> | 9.53% | 4.22% | 4.14% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **1 year** | **5 year** | **10 year** |
| International/<br>Global Equity | **JNL Multi-Manager Emerging Markets Equity Fund** |  |  |  |  |
| International/<br>Global Equity | (GQG Partners LLC, Kayne Anderson Rudnick Investment Management, LLC; T. Rowe Price Associates, Inc. (Sub-Sub-Adviser: T. Rowe Price Hong Kong Limited); WCM Investment Management, LLC | 1.22% | 24.27% | 1.67% | 5.73% |
| Fixed Income | **JNL Multi-Manager Floating Rate Income Fund** |  |  |  |  |
| Fixed Income | (PPM America, Inc.; FIAM LLC) | 0.95% | 3.83% | 4.67% | 4.29% |
| Allocation | **JNL Multi-Manager Global Small Cap Fund** |  |  |  |  |
| Allocation |  | 1.16% | 14.20% | 0.15% | 6.89% |
| International/<br>Global Equity | **JNL Multi-Manager International Equity Fund** |  |  |  |  |
| International/<br>Global Equity | (Causeway Capital Management LLC; Lazard Asset Management LLC; WCM Investment Management, LLC; William Blair Investment Management, LLC) | 0.97% | 23.50% | 1.90% | 5.17% |
| U.S. Equity | **JNL Multi-Manager Mid Cap Fund** |  |  |  |  |
| U.S. Equity | (Champlain Investment Partners, LLC; Kayne Anderson Rudnick Investment Management, LLC; River Road Asset Management, LLC; Victory Capital Management Inc.) | 1.06% | 1.83% | 4.90% | N/A |
| U.S. Equity | **JNL Multi-Manager Select Equity Fund** |  |  |  |  |
| U.S. Equity | (GQG Partners, LLC; River Road Asset Management, LLC; WCM Investment Management, LLC) | 0.99%<sup>2</sup> | 16.02% | N/A | N/A |
| U.S. Equity | **JNL Multi-Manager Small Cap Growth Fund** |  |  |  |  |
| U.S. Equity | (BAMCO, Inc.; Driehaus Capital Management, LLC; Granahan Investment Management, Inc.; Kayne Anderson Rudnick Investment Management, LLC; Segall Bryant & Hamill, LLC; WCM Investment Management, LLC) | 0.98% | 3.56% | -1.29% | 9.41% |
| U.S. Equity | **JNL Multi-Manager Small Cap Value Fund** |  |  |  |  |
| U.S. Equity | (Congress Asset Management Company, LLP; Cooke & Bieler, L.P.; Reinhart Partners, Inc.; River Road Asset Management, LLC; WCM Investment Management, LLC | 1.07% | 2.69% | 8.00% | 8.59% |
| Allocation | **JNL Moderate ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.83% | 12.18% | 4.18% | 5.44% |
| Allocation | **JNL Moderate Growth ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.83% | 14.60% | 5.90% | 7.22% |
| Allocation | **JNL Growth ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.85% | 16.64% | 7.58% | 8.76% |
| Allocation | **JNL/American Funds Moderate Allocation Fund** |  |  |  |  |
| Allocation |  | 0.97% | 13.14% | N/A | N/A |
| Allocation | **JNL/American Funds Moderate Growth Allocation Fund** |  |  |  |  |
| Allocation |  | 0.98% | 16.29% | 5.73% | 8.10% |
| Allocation | **JNL/American Funds Growth Allocation Fund** |  |  |  |  |
| Allocation |  | 0.99% | 18.49% | 7.52% | 10.07% |
| Allocation | **JNL/BlackRock Global Allocation Fund** |  |  |  |  |
| Allocation | (BlackRock Investment Management, LLC; Sub-Sub-Advisers: BlackRock International Limited and BlackRock (Singapore) Limited) | 1.06% | 18.76% | 6.07% | 7.47% |
| U.S. Equity | **JNL/BlackRock Large Cap Select Growth Fund** |  |  |  |  |
| U.S. Equity | (BlackRock Investment Management, LLC) | 0.83%<sup>2</sup> | 11.41% | 10.41% | 15.18% |
| International/<br>Global Equity | **JNL/Causeway International Value Select Fund** |  |  |  |  |
| International/<br>Global Equity | (Causeway Capital Management LLC) | 0.96% | 43.10% | 14.12% | 9.96% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **1 year** | **5 year** | **10 year** |
| International/<br>Global Equity | **JNL/DFA International Core Equity Fund** |  |  |  |  |
| International/<br>Global Equity | (Dimensional Fund Advisors LP) | 0.91% | 35.29% | 9.74% | N/A |
| U.S. Equity | **JNL/DFA U.S. Core Equity Fund** |  |  |  |  |
| U.S. Equity | (Dimensional Fund Advisors LP) | 0.80% | 15.09% | 12.66% | 13.16% |
| U.S. Equity | **JNL/DFA U.S. Small Cap Fund** |  |  |  |  |
| U.S. Equity | (Dimensional Fund Advisors LP) | 0.99% | 7.01% | 8.45% | 9.52% |
| Fixed Income | **JNL/DoubleLine**<sup>®</sup> **Core Fixed Income Fund** |  |  |  |  |
| Fixed Income | (DoubleLine Capital LP) | 0.78% | 7.18% | 0.07% | 2.05% |
| Fixed Income | **JNL/DoubleLine**<sup>®</sup> **Emerging Markets Fixed Income Fund** |  |  |  |  |
| Fixed Income | (DoubleLine Capital LP) | 1.08% | 8.52% | 1.66% | N/A |
| U.S. Equity | **JNL/DoubleLine**<sup>®</sup> **Shiller Enhanced CAPE® Fund** |  |  |  |  |
| U.S. Equity | (DoubleLine Capital LP) | 0.99% | 8.98% | 8.23% | 12.17% |
| Fixed Income | **JNL/DoubleLine**<sup>®</sup> **Total Return Fund** |  |  |  |  |
| Fixed Income | (DoubleLine Capital LP) | 0.83% | 7.59% | 0.09% | 1.65% |
| Fixed Income | **JNL/Dreyfus Government Money Market Fund** |  |  |  |  |
| Fixed Income | (Mellon Investments Corporation) | 0.56% | 3.78% | 2.75% | 1.67% |
| U.S. Equity | **JNL/Fidelity Institutional AM**<sup>®</sup> **& JPMorgan Large Cap Growth Fund** |  |  |  |  |
| U.S. Equity | (FIAM LLC; J.P. Morgan Investment Management Inc.) | 0.94% | 9.05% | 10.46% | N/A |
| Fixed Income | **JNL/Fidelity Institutional AM**<sup>®</sup> **Total Bond Fund** |  |  |  |  |
| Fixed Income | (FIAM LLC) | 0.76% | 7.49% | 0.06% | 2.09% |
| Allocation | **JNL/Franklin Templeton Income Fund** |  |  |  |  |
| Allocation | (Franklin Advisers, Inc.) | 0.92% | 12.00% | 7.17% | 7.11% |
| U.S. Equity | **JNL/Goldman Sachs 4 Fund** |  |  |  |  |
| U.S. Equity | (Goldman Sachs Asset Management, L.P.) | 0.70% | 16.69% | 13.95% | 11.59% |
| International/<br>Global Equity | **JNL/GQG Emerging Markets Equity Fund** |  |  |  |  |
| International/<br>Global Equity | (GQG Partners LLC) | 1.34% | 10.25% | 2.64% | N/A |
| U.S. Equity | **JNL/Invesco Small Cap Growth Fund** |  |  |  |  |
| U.S. Equity | (Invesco Advisers, Inc.) | 1.02% | 6.17% | -0.73% | 9.05% |
| Alternative | **JNL/JPMorgan Hedged Equity Fund** |  |  |  |  |
| Alternative | (J.P. Morgan Investment Management Inc.) | 0.96% | 7.04% | 8.58% | N/A |
| U.S. Equity | **JNL/JPMorgan MidCap Growth Fund** |  |  |  |  |
| U.S. Equity | (J.P. Morgan Investment Management Inc.) | 0.89% | 8.08% | 4.23% | 12.15% |
| Alternative | **JNL/JPMorgan Nasdaq**<sup>®</sup> **Hedged Equity Fund** |  |  |  |  |
| Alternative | (J.P. Morgan Investment Management Inc.) | 0.99% | 8.83% | N/A | N/A |
| Fixed Income | **JNL/JPMorgan U.S. Government & Quality Bond Fund** |  |  |  |  |
| Fixed Income | (J.P. Morgan Investment Management Inc.) | 0.69% | 6.61% | -0.59% | 1.45% |
| U.S. Equity | **JNL/JPMorgan U.S. Value Fund** |  |  |  |  |
| U.S. Equity | (J.P. Morgan Investment Management Inc.) | 0.89% | 13.86% | 11.97% | 9.01% |
| International/<br>Global Equity | **JNL/Loomis Sayles Global Growth Fund** |  |  |  |  |
| International/<br>Global Equity | (Loomis, Sayles & Company, L.P.) | 0.99% | 17.45% | 8.85% | N/A |
| Fixed Income | **JNL/Lord Abbett Short Duration Income Fund** |  |  |  |  |
| Fixed Income | (Lord, Abbett & Co. LLC) | 0.80% | 5.84% | 2.25% | N/A |
| U.S. Equity | **JNL/Mellon Dow**<sup>SM</sup> **Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.65% | 14.17% | 10.85% | 12.41% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **1 year** | **5 year** | **10 year** |
| International/<br>Global Equity | **JNL/Mellon Emerging Markets Index Fund**<sup>3</sup> |  |  |  |  |
| International/<br>Global Equity | (Investment Sub-Adviser to the Master Fund: Mellon Investments Corporation) | 0.75%<sup>2</sup> | 30.92% | 3.38% | 7.55% |
| International/<br>Global Equity | **JNL/Mellon World Index Fund** |  |  |  |  |
| International/<br>Global Equity | (Mellon Investments Corporation) | 0.65% | 20.79% | 11.80% | 11.75% |
| U.S. Equity | **JNL/Mellon Nasdaq**<sup>®</sup> **100 Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.63% | 20.28% | 14.58% | 19.09% |
| U.S. Equity | **JNL/Mellon S&P 500 Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.52% | 17.28% | 13.86% | 14.24% |
| U.S. Equity | **JNL/Mellon S&P 400 MidCap Index Fund**<sup>3</sup> |  |  |  |  |
| U.S. Equity | (Investment Sub-Adviser to the Master Fund: Mellon Investments Corporation) | 0.56%<sup>2</sup> | 6.90% | 8.53% | 10.13% |
| U.S. Equity | **JNL/Mellon Small Cap Index Fund**<sup>3</sup> |  |  |  |  |
| U.S. Equity | (Investment Sub-Adviser to the Master Fund: Mellon Investments Corporation) | 0.56%<sup>2</sup> | 5.57% | 6.74% | 9.27% |
| International/<br>Global Equity | **JNL/Mellon International Index Fund**<sup>3</sup> |  |  |  |  |
| International/<br>Global Equity | (Investment Sub-Adviser to the Master Fund: Mellon Investments Corporation) | 0.61%<sup>2</sup> | 31.50% | 8.50% | 7.85% |
| Fixed Income | **JNL/Mellon Bond Index Fund**<sup>3</sup> |  |  |  |  |
| Fixed Income | (Investment Sub-Adviser to the Master Fund: Mellon Investments Corporation) | 0.58%<sup>2</sup> | 6.67% | -0.95% | 1.41% |
| U.S. Equity | **JNL/Mellon U.S. Stock Market Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.61% | 16.64% | 12.68% | N/A |
| Sector Equity | **JNL/Mellon Communication Services Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.64% | 32.98% | 13.91% | 13.85% |
| Sector Equity | **JNL/Mellon Consumer Discretionary Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.64% | 5.06% | 7.35% | 13.03% |
| Sector Equity | **JNL/Mellon Consumer Staples Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.65% | 0.40% | 5.45% | N/A |
| Sector Equity | **JNL/Mellon Energy Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.64% | 6.84% | 22.78% | 7.04% |
| Sector Equity | **JNL/Mellon Financial Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.64% | 16.18% | 14.52% | 12.35% |
| Sector Equity | **JNL/Mellon Healthcare Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.63% | 14.47% | 6.09% | 9.03% |
| Sector Equity | **JNL/Mellon Industrials Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.65% | 18.09% | 12.62% | N/A |
| Sector Equity | **JNL/Mellon Information Technology Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.61% | 20.73% | 18.54% | 22.65% |
| Sector Equity | **JNL/Mellon Materials Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.67% | 14.44% | 7.63% | N/A |
| Sector Equity | **JNL/Mellon Real Estate Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.66% | 3.37% | 4.18% | N/A |
| Sector Equity | **JNL/Mellon Utilities Sector Fund** |  |  |  |  |
| Sector Equity | (Mellon Investments Corporation) | 0.65% | 18.65% | 10.13% | 10.42% |
| U.S. Equity | **JNL/MFS Equity Income Fund** |  |  |  |  |
| U.S. Equity | (Massachusetts Financial Services Company (d/b/a MFS Investment Management)) | 0.92% | 15.31% | 10.39% | N/A |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **1 year** | **5 year** | **10 year** |
| U.S. Equity | **JNL/MFS Mid Cap Value Fund** |  |  |  |  |
| U.S. Equity | (Massachusetts Financial Services Company (d/b/a MFS Investment Management)) | 0.95% | 6.01% | 10.00% | 9.52% |
| U.S. Equity | **JNL/Morningstar SMID Moat Focus Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.76% | 6.23% | N/A | N/A |
| U.S. Equity | **JNL/Morningstar U.S. Sustainability Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.71% | 13.40% | 12.44% | N/A |
| U.S. Equity | **JNL/Morningstar Wide Moat Index Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.76% | 12.95% | 11.88% | N/A |
| Fixed Income | **JNL/Neuberger Berman Strategic Income Fund** |  |  |  |  |
| Fixed Income | (Neuberger Berman Investment Advisers LLC) | 0.95% | 9.30% | 3.00% | 4.09% |
| U.S. Equity | **JNL/Newton Equity Income Fund** |  |  |  |  |
| U.S. Equity | (Newton Investment Management North America, LLC) | 0.86% | 18.97% | 16.19% | 13.21% |
| Fixed Income | **JNL/PIMCO Income Fund** |  |  |  |  |
| Fixed Income | (Pacific Investment Management Company LLC) | 0.99% | 11.07% | 3.40% | N/A |
| Fixed Income | **JNL/PIMCO Investment Grade Credit Bond Fund** |  |  |  |  |
| Fixed Income | (Pacific Investment Management Company LLC) | 0.85% | 8.37% | -0.31% | 3.28% |
| Fixed Income | **JNL/PIMCO Real Return Fund** |  |  |  |  |
| Fixed Income | (Pacific Investment Management Company LLC) | 1.68% | 7.82% | 1.24% | 3.14% |
| Fixed Income | **JNL/PPM America Emerging Markets Debt Fund** |  |  |  |  |
| Fixed Income | (PPM America, Inc.) | 0.93%<sup>2</sup> | N/A | N/A | N/A |
| Fixed Income | **JNL/PPM America High Yield Bond Fund** |  |  |  |  |
| Fixed Income | (PPM America, Inc.) | 0.76% | 8.43% | 4.27% | 5.89% |
| Fixed Income | **JNL/PPM America Investment Grade Credit Fund** |  |  |  |  |
| Fixed Income | (PPM America, Inc.) | 0.83% | 7.20% | N/A | N/A |
| Fixed Income | **JNL/PPM America Total Return Fund** |  |  |  |  |
| Fixed Income | (PPM America, Inc.) | 0.79% | 6.75% | -0.26% | 2.65% |
| U.S. Equity | **JNL/RAFI**<sup>®</sup> **Fundamental U.S. Small Cap Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.67% | 6.80% | 9.19% | 6.85% |
| U.S. Equity | **JNL/RAFI**<sup>®</sup> **Multi-Factor U.S. Equity Fund** |  |  |  |  |
| U.S. Equity | (Mellon Investments Corporation) | 0.67% | 16.21% | 12.43% | 10.83% |
| Allocation | **JNL/T. Rowe Price Capital Appreciation Fund** |  |  |  |  |
| Allocation | (T. Rowe Price Associates, Inc.; Sub-Sub-Adviser: T. Rowe Price Investment Management, Inc.) | 0.95%<sup>2</sup> | 11.46% | 9.00% | 10.79% |
| U.S. Equity | **JNL/T. Rowe Price Capital Appreciation Equity Fund** |  |  |  |  |
| U.S. Equity | (T. Rowe Price Associates, Inc.; Sub-Sub-Adviser: T. Rowe Price Investment Management, Inc.) | 0.97%<sup>2</sup> | 14.63% | N/A | N/A |
| U.S. Equity | **JNL/T. Rowe Price Growth Stock Fund** |  |  |  |  |
| U.S. Equity | (T. Rowe Price Associates, Inc.) | 0.83%<sup>2</sup> | 15.26% | 9.19% | 14.06% |
| U.S. Equity | **JNL/T. Rowe Price Mid-Cap Growth Fund** |  |  |  |  |
| U.S. Equity | (T. Rowe Price Associates, Inc.; Sub-Sub-Adviser: T. Rowe Price Investment Management, Inc.) | 0.95%<sup>2</sup> | 3.14% | 3.52% | 9.54% |
| Fixed Income | **JNL/T. Rowe Price Short-Term Bond Fund** |  |  |  |  |
| Fixed Income | (T. Rowe Price Associates, Inc.) | 0.72%<sup>2</sup> | 5.44% | 1.91% | 2.12% |
| U.S. Equity | **JNL/T. Rowe Price Value Fund** |  |  |  |  |
| U.S. Equity | (T. Rowe Price Associates, Inc.) | 0.85%<sup>2</sup> | 12.00% | 10.54% | 10.56% |
| Allocation | **JNL/Vanguard Moderate ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.69% | 11.75% | 3.80% | N/A |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** | **Average Annual Total Returns (as of 12/31/25)** |
| **<u>Fund Type</u>** | **<u>Fund and Manager\*<br>(and Sub-Adviser, if applicable) <br>\*The investment manager for each Fund is Jackson National Asset Management, LLC</u>** | **<u>Current Expenses</u>** | **1 year** | **5 year** | **10 year** |
| Allocation | **JNL/Vanguard Moderate Growth ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.69% | 14.14% | 5.56% | N/A |
| Allocation | **JNL/Vanguard Growth ETF Allocation Fund** |  |  |  |  |
| Allocation | (Mellon Investments Corporation) | 0.68% | 16.06% | 7.18% | N/A |
| International/<br>Global Equity | **JNL/WCM Focused International Equity Fund** |  |  |  |  |
| International/<br>Global Equity | (WCM Investment Management, LLC) | 1.10% | 21.41% | 4.80% | 10.63% |
| Alternative | **JNL/Westchester Capital Event Driven Fund** |  |  |  |  |
| Alternative | (Westchester Capital Management, LLC) | 1.66% | 7.39% | 3.59% | 4.88% |
| Allocation | **JNL/WMC Balanced Fund** |  |  |  |  |
| Allocation | (Wellington Management Company LLP) | 0.71% | 15.69% | 8.90% | 9.27% |
| U.S. Equity | **JNL/WMC Equity Income Fund** |  |  |  |  |
| U.S. Equity | (Wellington Management Company LLP) | 0.89% | 16.72% | 12.08% | N/A |
| U.S. Equity | **JNL/WMC Value Fund** |  |  |  |  |
| U.S. Equity | (Wellington Management Company LLP) | 0.79% | 14.67% | 10.91% | 9.80% |
| Allocation | **JNL/JPMorgan Managed Conservative Fund** |  |  |  |  |
| Allocation | (J.P. Morgan Investment Management Inc.) | 1.16% | 9.28% | 1.92% | 3.83% |
| Allocation | **JNL/JPMorgan Managed Moderate Fund** |  |  |  |  |
| Allocation | (J.P. Morgan Investment Management Inc.) | 1.13% | 10.83% | 3.48% | 5.67% |
| Allocation | **JNL/JPMorgan Managed Moderate Growth Fund** |  |  |  |  |
| Allocation | (J.P. Morgan Investment Management Inc.) | 1.12% | 12.26% | 5.13% | 7.50% |
| Allocation | **JNL/JPMorgan Managed Growth Fund** |  |  |  |  |
| Allocation | (J.P. Morgan Investment Management Inc.) | 1.13% | 13.92% | 6.76% | 9.47% |
| Allocation | **JNL/JPMorgan Managed Aggressive Growth Fund** |  |  |  |  |
| Allocation | (J.P. Morgan Investment Management Inc.) | 1.15% | 14.72% | 7.60% | 10.35% |
| Allocation | **JNL Conservative Allocation Fund** |  |  |  |  |
| Allocation |  | 1.23% | 9.29% | 2.57% | 4.13% |
| Allocation | **JNL Moderate Allocation Fund** |  |  |  |  |
| Allocation |  | 1.22% | 10.75% | 4.10% | 5.68% |
| Allocation | **JNL Moderate Growth Allocation Fund** |  |  |  |  |
| Allocation |  | 1.21% | 12.62% | 5.36% | 7.22% |
| Allocation | **JNL Growth Allocation Fund** |  |  |  |  |
| Allocation |  | 1.19% | 14.81% | 6.38% | 8.47% |
| Allocation | **JNL Aggressive Growth Allocation Fund** |  |  |  |  |
| Allocation |  | 1.16% | 15.62% | 7.24% | 9.35% |

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| | |
|:---|:---|
| 1 | Capital Research and Management Company is the investment adviser of the master fund in which this feeder fund invests. Under the master-feeder fund structure, the feeder fund does not buy individual securities directly. Rather, the feeder fund invests all of its investment assets in a corresponding master fund, which invests directly in individual securities. |
| 2 | The Fund's current expenses reflect temporary fee reductions. |
| 3 | Mellon Investments Corporation is the investment sub-adviser of the master fund in which this feeder fund invests. Under the master-feeder fund structure, the feeder fund does not buy individual securities directly. Rather, the feeder fund invests all of its investment assets in a corresponding master fund, which invests directly in individual securities. |

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The following is a list of Fixed Account Options currently available under the Contract. We may change the features of the Fixed Account Options listed below, offer new Fixed Account Options, and terminate existing Fixed Account Options. We will provide you with written notice before doing so.

**Note: If amounts are withdrawn from a Fixed Account Option before the end of its term, we may apply a Contract Adjustment. This may result in a significant reduction in your Contract Value.** 

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| | | |
|:---|:---|:---|
| **Name** | **Term** | **Minimum Guaranteed Interest Rate** |
| 1-year Fixed Account Option | 1 year | 2.40% |

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**Back Cover Page**

This summary prospectus incorporates by reference the Perspective II<sup>®</sup> prospectus and Statement of Additional Information (SAI), both dated April 27, 2026, as amended or supplemented. The SAI may be obtained, free of charge, in the same manner as the prospectus.

Separate Account EDGAR contract identifier #C000210238