0002039145 2025-01-01 2025-12-31 0002039145 2026-05-01 2026-05-01 0002039145 vip:RiskOfLossMember 2026-05-01 2026-05-01 0002039145 vip:NotShortTermInvestmentRiskMember 2026-05-01 2026-05-01 0002039145 vip:InvestmentOptionsRiskMember 2026-05-01 2026-05-01 0002039145 vip:InsuranceCompanyRiskMember 2026-05-01 2026-05-01 0002039145 vip:ContractChangesRiskMember 2026-05-01 2026-05-01 0002039145 vip:EarlyWithdrawalRiskMember 2026-05-01 2026-05-01 0002039145 vip:ContractBenefitsRiskMember 2026-05-01 2026-05-01 0002039145 cik0002039145:PossibleAdverseTaxConsequencesMember 2026-05-01 2026-05-01 0002039145 cik0002039145:AvailabilityByFinancialIntermediaryMember 2026-05-01 2026-05-01 0002039145 cik0002039145:BusinessDisruptionCybersecurityAndArtificialIntelligenceaiTechnologiesRisksMember 2026-05-01 2026-05-01 0002039145 cik0002039145:FixedMaturityOptionsMember 2026-05-01 2026-05-01 0002039145 cik0002039145:SeparateAccountnotinFixedMaturityOptionsMember 2026-05-01 2026-05-01 iso4217:USD pure utr:Y 0002039145 2025-10-24 false N-4 N-4 EQUITABLE FINANCIAL LIFE INSURANCE COMPANY Withdrawals, surrender of your contract, when we make deductions for withdrawal charges, or payment of a death benefit from a fixed maturity option before it matures we will make a market value adjustment, which will increase or decrease any fixed maturity amount you have in that fixed maturity option You could lose a significant amount of money and also significantly reduce your annuity payments due to a negative market value adjustment if amounts are removed from a fixed maturity option prior to its maturity. <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border-spacing:0"> <tr> <td style="width:23%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:76%"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt;background-color:#d8d8d8"> <td colspan="3" style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">FEES, EXPENSES, AND ADJUSTMENTS</div></div></div></td> </tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="2" style="height:3.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Are There Charges or Adjustments for Early Withdrawals?</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Yes</div></div>. Withdrawal charges may apply to any withdrawal from your contract, including a withdrawal from a fixed maturity option, for up to 7 years following your last contribution. You will be assessed a withdrawal charge of up to 7% of your contribution withdrawn. For example, if you make a withdrawal in the first year, you could pay a withdrawal charge of up to $7,000 on a $100,000 investment. This loss will be greater if there is a negative market value adjustment, taxes, or tax penalties. In instances where a withdrawal charge applies, other than where you are surrendering your contract, we will deduct <div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">more</div> than the amount you requested in order to maintain the same pattern of income payments following the withdrawal, and we will also apply a withdrawal charge (and market value adjustment) to that additional amount withdrawn.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about withdrawal charges, see “Withdrawal charges” under “Charges and adjustments” in the Prospectus.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">If all or a portion of your account value is removed from a fixed maturity option before the maturity date, there will be a market value adjustment, which may be negative and could reduce the value in your fixed maturity option by up to 100%, which means you would not receive any annuity payments. For example, if you allocate $100,000 to a fixed maturity option and later withdraw the entire amount before the maturity date, you could lose up to $100,000 of your investment. This loss will be greater if you also have to pay a withdrawal charge, taxes and tax penalties. A market value adjustment will apply to withdrawals, surrender of your contract, when we make deductions for withdrawal charges, or payment of a death benefit.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about the market value adjustment, see “Market value adjustments” under “Charges and adjustments” in the Prospectus.</div></td> </tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:0.75pt solid #000000;height:3.75pt"> </td> <td colspan="2" style="BORDER-TOP:0.75pt solid #000000;height:3.75pt"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Are There Transaction Charges?</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Yes</div></div>. In addition to withdrawal charges and market value adjustments, we deduct a charge designed to approximate certain taxes that may be imposed upon us, such as premium taxes in your state. We deduct the charge from your contributions. The current tax charge that might be imposed varies by jurisdiction and ranges from 0% to 3.5%. This deduction may not apply for certain GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contracts.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about transaction charges, see “Charges and adjustments” in the Prospectus.</div></td> </tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:0.75pt solid #000000;height:3.75pt"> </td> <td colspan="2" style="BORDER-TOP:0.75pt solid #000000;height:3.75pt"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Are There Ongoing Fees and Expenses?</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">No.</div></div></td> </tr> </table> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Yes</div></div>. Withdrawal charges may apply to any withdrawal from your contract, including a withdrawal from a fixed maturity option, for up to 7 years following your last contribution. You will be assessed a withdrawal charge of up to 7% of your contribution withdrawn. For example, if you make a withdrawal in the first year, you could pay a withdrawal charge of up to $7,000 on a $100,000 investment. This loss will be greater if there is a negative market value adjustment, taxes, or tax penalties. In instances where a withdrawal charge applies, other than where you are surrendering your contract, we will deduct <div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">more</div> than the amount you requested in order to maintain the same pattern of income payments following the withdrawal, and we will also apply a withdrawal charge (and market value adjustment) to that additional amount withdrawn.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about withdrawal charges, see “Withdrawal charges” under “Charges and adjustments” in the Prospectus.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">If all or a portion of your account value is removed from a fixed maturity option before the maturity date, there will be a market value adjustment, which may be negative and could reduce the value in your fixed maturity option by up to 100%, which means you would not receive any annuity payments. For example, if you allocate $100,000 to a fixed maturity option and later withdraw the entire amount before the maturity date, you could lose up to $100,000 of your investment. This loss will be greater if you also have to pay a withdrawal charge, taxes and tax penalties. A market value adjustment will apply to withdrawals, surrender of your contract, when we make deductions for withdrawal charges, or payment of a death benefit.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about the market value adjustment, see “Market value adjustments” under “Charges and adjustments” in the Prospectus.</div> 7 0.07 7000 If all or a portion of your account value is removed from a fixed maturity option before the maturity date, there will be a market value adjustment, which may be negative and could reduce the value in your fixed maturity option by up to 100%, which means you would not receive any annuity payments. 1 For example, if you allocate $100,000 to a fixed maturity option and later withdraw the entire amount before the maturity date, you could lose up to $100,000 of your investment. 100000 <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Yes</div></div>. In addition to withdrawal charges and market value adjustments, we deduct a charge designed to approximate certain taxes that may be imposed upon us, such as premium taxes in your state. We deduct the charge from your contributions. The current tax charge that might be imposed varies by jurisdiction and ranges from 0% to 3.5%. This deduction may not apply for certain GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contracts.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about transaction charges, see “Charges and adjustments” in the Prospectus.</div> In addition to withdrawal charges and market value adjustments, we deduct a charge designed to approximate certain taxes that may be imposed upon us, such as premium taxes in your state. We deduct the charge from your contributions. No <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border-spacing:0"> <tr> <td style="width:23%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:76%"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt;background-color:#d8d8d8"> <td colspan="3" style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;">RISKS</div></div></div></td> </tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="2" style="height:3.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Is There a Risk of Loss from Poor Performance?</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">No</div></div>. We guarantee your principal and credited interest allocated to a fixed maturity option if held through the maturity date.</td> </tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="2" style="height:3.75pt"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Is this a Short-Term Investment?</div></div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">No</div></div>. The contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash because the contract is designed to provide for income on a long-term basis. As such, you should not use the contract as a short-term investment or savings vehicle. Amounts withdrawn from the contract may result in withdrawal charges, taxes and tax penalties. Amounts removed from a fixed maturity option will not receive credited interest, and may result in a negative market value adjustment which could be significantly greater than the amount withdrawn.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about the risks associated with the fixed maturity options, see “Risks associated with the fixed maturity options” in “Principal Risks of investing in the contract.” See also Appendix: “Investment options available under the contract” in the Prospectus.</div></td> </tr> <tr style="font-size:1pt"> <td style="BORDER-TOP:0.75pt solid #000000;height:3.75pt"> </td> <td colspan="2" style="BORDER-TOP:0.75pt solid #000000;height:3.75pt"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">What Are the Risks Associated with the Investment Options?</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">The fixed maturity options have their own unique risks, and you should review the investment options before making an investment decision.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about the risks associated with the fixed maturity options, see “Risks associated with the fixed maturity options” in “Principal Risks of investing in the contract.” See also Appendix: “Investment options available under the contract” in the Prospectus.</div></td> </tr> </table> <div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:2%;vertical-align:top;text-align:left"></td> </tr> </table> <div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:arial;font-weight:bold;text-align:center"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">7 </div></div></div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border-spacing:0"> <tr> <td style="width:23%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:76%"></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">What Are the Risks Related to the Insurance Company?</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">An investment in the contract is subject to the risks related to the Company. The Company is solely responsible to the contract owner for the contract’s account value, including under the fixed maturity options, and the income payments. The general obligations of the Company under the contract, including the fixed maturity options, are supported by our general account and are subject to our claims paying ability. An owner should look solely to our financial strength for our claims-paying ability. More information about the Company, including our financial strength ratings, may be obtained at <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">www.equitable.com/about-us/financial-strength-ratings.</div></div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about insurance company risks see “Insurance company risk” in “Principal risks of investing in the contract” in the Prospectus.</div></td> </tr> </table> <div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">No</div></div>. We guarantee your principal and credited interest allocated to a fixed maturity option if held through the maturity date. <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">No</div></div>. The contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash because the contract is designed to provide for income on a long-term basis. As such, you should not use the contract as a short-term investment or savings vehicle. Amounts withdrawn from the contract may result in withdrawal charges, taxes and tax penalties. Amounts removed from a fixed maturity option will not receive credited interest, and may result in a negative market value adjustment which could be significantly greater than the amount withdrawn.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about the risks associated with the fixed maturity options, see “Risks associated with the fixed maturity options” in “Principal Risks of investing in the contract.” See also Appendix: “Investment options available under the contract” in the Prospectus.</div> The contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash because the contract is designed to provide for income on a long-term basis. As such, you should not use the contract as a short-term investment or savings vehicle. Amounts withdrawn from the contract may result in withdrawal charges, taxes and tax penalties. Amounts removed from a fixed maturity option will not receive credited interest, and may result in a negative market value adjustment which could be significantly greater than the amount withdrawn.For additional information about the risks associated with the fixed maturity options, see “Risks associated with the fixed maturity options” in “Principal Risks of investing in the contract.” See also Appendix: “Investment options available under the contract” in the Prospectus. <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">The fixed maturity options have their own unique risks, and you should review the investment options before making an investment decision.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about the risks associated with the fixed maturity options, see “Risks associated with the fixed maturity options” in “Principal Risks of investing in the contract.” See also Appendix: “Investment options available under the contract” in the Prospectus.</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">An investment in the contract is subject to the risks related to the Company. The Company is solely responsible to the contract owner for the contract’s account value, including under the fixed maturity options, and the income payments. The general obligations of the Company under the contract, including the fixed maturity options, are supported by our general account and are subject to our claims paying ability. An owner should look solely to our financial strength for our claims-paying ability. More information about the Company, including our financial strength ratings, may be obtained at <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">www.equitable.com/about-us/financial-strength-ratings.</div></div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about insurance company risks see “Insurance company risk” in “Principal risks of investing in the contract” in the Prospectus.</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Yes.</div></div> We may, at any time, exercise our rights to limit or terminate your contributions, allocations to any of the investment options.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">You can only make subsequent contributions before annuity payments begin and only under life with period certain contracts.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">To provide your income payments during the period certain, we allocate your contributions to fixed maturity options that mature in consecutive date order. For applications we receive under certain types of transactions, we may offer you the opportunity to lock in rates to maturity on contributions. Generally, your income payments will be made on February 15th as each fixed maturity option matures. If you choose to have your payments made in a month other than February, we will be required to begin making your payments before the maturity date of a fixed maturity option. In planning for these payments we will allocate a portion of your initial contribution to the separate account, but not to the fixed maturity options contained in the separate account. After that, as each fixed maturity option expires, we will transfer your maturity value from the expired fixed maturity option and hold the maturity value in the separate account.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about the fixed maturity options, see “Fixed maturity options” under “Purchasing the contract and contract features” in the Prospectus.</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Yes</div></div>. The death benefit is only available under the non-life contingent option. No death benefit is available under the life contingent option.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">Withdrawals, withdrawal charges, and market value adjustments could significantly reduce the death benefit, perhaps by more than the amount of the withdrawal</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about restrictions on contract benefits, see “What are your investments under the contract?” under “Purchasing the contract and contract features” in the Prospectus.</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">You should consult with a tax professional to determine the tax implications of an investment in, and payments received under, the contract. There is no additional tax benefit to you if the contract is purchased through a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">tax-qualified</div> plan or individual retirement account (IRA). Withdrawals will be subject to ordinary income tax and may be subject to tax penalties. Generally, you are not taxed until you make a withdrawal from the contract.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about tax implications see “Tax information” in the Prospectus.</div> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; line-height: normal;">Some financial professionals may receive compensation for selling the contract to you, both in the form of commissions or in the form of contribution-based compensation. Financial professionals may also receive additional compensation for enhanced marketing opportunities and other services (commonly referred to as “marketing allowances”). This conflict of interest may influence the financial professional to recommend this contract over another investment.</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> <div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 10pt; font-family: arial; line-height: normal;">For additional information about compensation to financial professionals see “Distribution of the contracts” under “More information” in the Prospectus.</div> Some financial professionals may have a financial incentive to offer a new contract in place of the one you already own. You should only exchange your contract if you determine, after comparing the features, fees, and risks of both contracts, and any fees or penalties to terminate the existing contract, that it is preferable to purchase the new contract rather than continue to own your existing contract. <div id="pro24676_1c" style="margin-top:0pt; margin-bottom:0pt; font-size:17.5pt; font-family:arial">Fee table </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000"> </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The following tables describe the fees, expenses, and adjustments that you will pay when buying, owning, and surrendering or making withdrawals from an investment option or from the contract. Please refer to your contract specifications page for information about the specific fees you will pay. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The first table describes fees and expenses that you will pay at the time that you buy the contract, surrender or make withdrawals from an investment option or from the contract. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border-spacing:0"> <tr> <td style="width:74%"></td> <td style="vertical-align:bottom;width:9%"></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#d8d8d8"> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.4em; font-size: 10pt; font-family: arial; font-weight: bold; line-height: normal;">Transaction Expenses</div></td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">  </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top">Sales Load Imposed on Purchases (as a percentage of purchase payments)</td> <td style="vertical-align:bottom">  </td> <td style="vertical-align:bottom">None</td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top">Charges for state premium and other applicable taxes<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">(1)</div></td> <td style="vertical-align:bottom">  </td> <td style="vertical-align:bottom">0% to 3.5%</td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top">Withdrawal Charge (as a percentage of the amount withdrawn)<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">(</div><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">2</div><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">)</div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">  </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">7.00%</td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left">(1)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: left; line-height: normal;">Charge designed to approximate certain taxes that may be imposed upon us, such as premium taxes in your state. We deduct the charge from your contributions. The current tax charge that might be imposed varies by jurisdiction and ranges from 0% to 3.5%. This deduction may not apply for certain GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">®</div></div> contracts. </div></td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left">(2)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: left; line-height: normal;">The charge percentage is deducted upon a withdrawal of amounts in excess of the 10% free withdrawal amount. Important exceptions and limitations may eliminate or reduce this charge. For a complete description of charges, please see “Withdrawal charges” in “Charges and adjustments” in the Prospectus. In instances where a withdrawal charge applies, other than where you are surrendering your contract, we will deduct <div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">more</div> than the amount you requested in order to maintain the same pattern of income payments following the withdrawal, and we will also apply a withdrawal charge (and market value adjustment) to that additional amount withdrawn. </div></td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border-spacing:0"> <tr> <td style="width:91%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td colspan="3" style="vertical-align:top">The next table describes the adjustments, in addition to any transaction expenses, that apply if all or a portion of the account value is removed from a fixed maturity option or from the contract before the expiration of a specified period.</td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#d8d8d8"> <td colspan="3" style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.4em; font-size: 10pt; font-family: arial; font-weight: bold; line-height: normal;">Adjustments</div></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top">Fixed Maturity Option Maximum Potential Loss Due to Market Value Adjustment (as a percentage of the fixed maturity amount in the fixed maturity option at the start of the fixed maturity option period)<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">(1)</div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">    </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">100%</td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left">(1)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: left; line-height: normal;">A market value adjustment will apply to withdrawals, surrender of your contract, when we make deductions for withdrawal charges, or payment of a death benefit. The actual amount of the market value adjustment is determined by a formula that depends on, among other things, the difference between the rate to maturity that applies to the amount being withdrawn and the rate to maturity in effect at that time for new allocations to that same fixed maturity option, and the length of time remaining until the maturity date. In general, the maximum loss would occur if there is a total distribution for a fixed maturity option a significant time prior to the maturity date and interest rates have risen dramatically from the time that you originally allocate an amount to the fixed maturity option to the time that you take the withdrawal. See “How we determine the market value adjustment” in the Statement of Additional Information for more information. </div></td></tr></table> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border-spacing:0"> <tr> <td style="width:74%"></td> <td style="vertical-align:bottom;width:9%"></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#d8d8d8"> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.4em; font-size: 10pt; font-family: arial; font-weight: bold; line-height: normal;">Transaction Expenses</div></td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">  </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top">Sales Load Imposed on Purchases (as a percentage of purchase payments)</td> <td style="vertical-align:bottom">  </td> <td style="vertical-align:bottom">None</td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align:top">Charges for state premium and other applicable taxes<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">(1)</div></td> <td style="vertical-align:bottom">  </td> <td style="vertical-align:bottom">0% to 3.5%</td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top">Withdrawal Charge (as a percentage of the amount withdrawn)<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">(</div><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">2</div><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">)</div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">  </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">7.00%</td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left">(1)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: left; line-height: normal;">Charge designed to approximate certain taxes that may be imposed upon us, such as premium taxes in your state. We deduct the charge from your contributions. The current tax charge that might be imposed varies by jurisdiction and ranges from 0% to 3.5%. This deduction may not apply for certain GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">®</div></div> contracts. </div></td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left">(2)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: left; line-height: normal;">The charge percentage is deducted upon a withdrawal of amounts in excess of the 10% free withdrawal amount. Important exceptions and limitations may eliminate or reduce this charge. For a complete description of charges, please see “Withdrawal charges” in “Charges and adjustments” in the Prospectus. In instances where a withdrawal charge applies, other than where you are surrendering your contract, we will deduct <div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">more</div> than the amount you requested in order to maintain the same pattern of income payments following the withdrawal, and we will also apply a withdrawal charge (and market value adjustment) to that additional amount withdrawn. </div></td></tr></table> 0 0.07 <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border-spacing:0"> <tr> <td style="width:91%"></td> <td style="vertical-align:bottom;width:3%"></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td colspan="3" style="vertical-align:top">The next table describes the adjustments, in addition to any transaction expenses, that apply if all or a portion of the account value is removed from a fixed maturity option or from the contract before the expiration of a specified period.</td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt;background-color:#d8d8d8"> <td colspan="3" style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.4em; font-size: 10pt; font-family: arial; font-weight: bold; line-height: normal;">Adjustments</div></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top">Fixed Maturity Option Maximum Potential Loss Due to Market Value Adjustment (as a percentage of the fixed maturity amount in the fixed maturity option at the start of the fixed maturity option period)<div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">(1)</div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">    </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">100%</td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left">(1)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: left; line-height: normal;">A market value adjustment will apply to withdrawals, surrender of your contract, when we make deductions for withdrawal charges, or payment of a death benefit. The actual amount of the market value adjustment is determined by a formula that depends on, among other things, the difference between the rate to maturity that applies to the amount being withdrawn and the rate to maturity in effect at that time for new allocations to that same fixed maturity option, and the length of time remaining until the maturity date. In general, the maximum loss would occur if there is a total distribution for a fixed maturity option a significant time prior to the maturity date and interest rates have risen dramatically from the time that you originally allocate an amount to the fixed maturity option to the time that you take the withdrawal. See “How we determine the market value adjustment” in the Statement of Additional Information for more information. </div></td></tr></table> 1 <div id="pro24676_4" style="margin-top:0pt; margin-bottom:0pt; font-size:17.5pt; font-family:arial">1. Principal risks of investing in the contract </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000"> </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The risks identified below are the principal risks of investing in the contract. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="pro24676_11" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Risks associated with the fixed maturity options </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">An allocation to a fixed maturity option has various risks associated with it. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Please be aware that a market value adjustment could result in a significant loss of principal and previously credited interest. In certain extreme circumstances, it is theoretically possible to lose 100% of your investment. Specifically: </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left">Withdrawals, surrender of your contract, when we make deductions for withdrawal charges, or payment of a death benefit from a fixed maturity option before it matures, we will make a market value adjustment. The market value adjustment may be negative. </td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left">If there is a market value adjustment and interest rates have increased from the time that you originally allocated to a fixed maturity option to the time that you take the withdrawal (including surrender or termination of your contract, when we make deductions for withdrawal charges, or the payment of a death benefit), the market value adjustment will be negative and will reduce your value in the fixed maturity option. This means your annuity payment could be significantly reduced, perhaps by more than amount of the withdrawal and your period certain could be shortened as well. </td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left">The amount of the market value adjustment, either up or down, will be greater the longer the time remaining until the fixed maturity option’s maturity date. </td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left">Therefore, it is possible that a negative market value adjustment could greatly reduce your value in the fixed maturity options, particularly in fixed maturity options with later maturity dates. Under extreme circumstances, you could lose up to 100% of your investment in a fixed maturity option if you take a withdrawal prior to maturity. </td></tr></table><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="pro24676_21" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Risks associated with taking an early withdrawal </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash because the contract is designed to provide for the accumulation of retirement savings and income on a long-term basis. As such, you should not use the contract as a short-term investment or savings vehicle and you should consider whether investing in the contract is consistent with the purpose for which the investment is being considered. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Withdrawals may be subject to withdrawal charges, negative market value adjustments (see “Risks associated with the fixed maturity options”), loss of interest and the possibility of adverse tax consequences. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Withdrawals and any associated withdrawal charges and market value adjustments could significantly reduce the death benefit and annuity payments, perhaps by more than the amount of the withdrawal, as well as shorten length of the payment period. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="pro24676_121" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Death benefit risk </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The death benefit is only available under the non-life contingent option. The death benefit is also limited to non-GMIB Income Manager contracts. No death benefit is available under the life contingent option or with GMIB Income Manager Contracts. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="pro24676_22" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Insurance company risk </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">No company other than us has any legal responsibility to pay amounts that we owe under the contract including income payments and amounts allocated to the fixed maturity options. The general obligations and any guaranteed benefits under the contract are supported by our general account and are subject to our claims paying ability. You should look solely to our financial strength for our claims-paying ability. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="pro24676_23" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Possible adverse tax consequences </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The tax considerations associated with the contract vary and can be complicated. We cannot provide detailed information on all tax aspects of the contracts. Moreover, the tax aspects that apply to a particular 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. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="pro24676_122" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Contract changes risk </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">We may change the features of the fixed maturity options, offer new fixed maturity options, and terminate existing fixed maturity options. We may also change minimum and maximum contribution requirements and limitations, and discontinue acceptance of contributions. </div><div style="clear: both; height: 0pt; font-size: 0pt; max-height: 0px;"></div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:2%;vertical-align:top;text-align:left"></td></tr></table><div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:arial;font-weight:bold;text-align:center"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">12 </div></div></div><div id="pro24676_901" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Availability by financial intermediary</div></div> </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="display:inline;">Some financial intermediaries (e.g., selling broker-dealer firms) may not offer and/or may limit the offering of certain investment options, contract benefits, and other contract features based on issue age or other criteria established by the selling broker-dealer. For example, your financial professional may not recommend a particular investment option or contract benefit to you that is described in this Prospectus. Before you purchase the contract, you should discuss with your financial professional any limitations, restrictions, or other variations related to the investment options, contract benefits or other contract features available to you through your financial professional. If a particular feature that interests you is not recommended through your broker-dealer, you may want to contact us to explore its availability. </div></div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="pro24676_50" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Business disruption, cybersecurity, and artificial intelligence (“AI”) technologies risks </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">We rely heavily on technology, including interconnected computer systems and data storage networks and digital communications, to conduct our variable product business. Because our variable product business is highly dependent upon the effective operation of our computer systems and those of our service providers and other business partners, our business is vulnerable to disruptions from utility outages, and susceptible to operational and information security risks resulting from information systems failure (e.g., hardware and software malfunctions), and cyberattacks. Cyber-attacks may be systemic (e.g., affecting the internet, cloud services, or other infrastructure) or targeted (e.g., failures in or breach of our systems or those of third parties on whom we rely, including ransomware and malware attacks). Cybersecurity risks include, among other things, the loss, theft, misuse, corruption and destruction of data maintained online or digitally, interference with or denial of service, attacks on our websites (or the websites of third parties on whom we rely), other operational disruption and unauthorized release, use or abuse of confidential customer information. The risk of cyber-attacks may be higher during periods of geopolitical turmoil. Due to the increasing sophistication of cyber-attacks, a cybersecurity breach could occur and persist for an extended period of time without detection. Systems failures and cyberattacks, as well as, any other catastrophic event, including natural and manmade disasters, public health emergencies, pandemic diseases, terrorist attacks, floods or severe storms affecting us, any third-party administrator, the underlying funds, intermediaries and other affiliated or third-party service providers may adversely affect us, our business operations and your account value and interfere with our ability to process contract transactions and calculate account values. Systems failures and cyberattacks may also interfere with our processing of contract transactions, including the processing of orders from our website or with the underlying funds, impact our ability to calculate account values and unit values and/or the underlying funds to be unable to calculate share values, cause the release or </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">possible destruction of confidential customer and/or business information, impede order processing or cause other operational issues, subject us and/or our service providers and intermediaries to regulatory fines, litigation and financial losses and/or cause reputational damage. Cybersecurity risks may also impact the issuers of securities in which the underlying funds invest, which may cause the underlying funds to lose value. The preventative actions we take to reduce the frequency and severity of cybersecurity incidents and protect our computer systems may be insufficient to prevent a cybersecurity breach from impacting our operations or your contract value. There can be no assurance that we or the underlying funds or our service providers and intermediaries will be able to avoid cybersecurity breaches affecting your contract. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The development and deployment of AI tools and technologies, including generative AI, and its use and anticipated use by us or by third parties on whom we rely, may increase our existing operational risks or create new operational risks that we are not currently anticipating. AI and generative AI may be misused by us or by third parties upon which we rely, and that risk is increased by the relative newness of the technology, the speed at which it is being adopted, and the uncertain and evolving policy and regulatory landscape governing its use. Such misuse could expose us to legal or regulatory risk. Because the generative AI technology is so new, many of the potential risks of generative AI are currently unknowable. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">In addition, we are also exposed to risks related to natural and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">man-made</div> disasters, including, but not limited to, storms, fires, floods, earthquakes, public health crises, malicious acts, and terrorist acts, or any other event, which could adversely affect our ability to conduct business. A natural or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">man-made</div> disaster, including a pandemic such as <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">COVID-19,</div> could result in our workforce, and/or employees of service providers and/or third-party administrators, being compromised and unable or unwilling to fully perform their responsibilities, which could likewise result in interruptions in our service. This could interfere with our processing of contract transactions, including processing orders from owners and orders with the underlying funds, impact our ability to calculate contract value, or have other adverse impacts on our operations. These events may also negatively affect the our service providers and intermediaries, the underlying funds and issuers of securities in which the underlying funds invest, which may cause the funds underlying your contract to lose value. There can be no assurance that we or the underlying funds or our service providers and intermediaries will be able to avoid negative impacts associated with natural and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">man-made</div> disasters. </div> <div id="pro24676_11" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Risks associated with the fixed maturity options </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">An allocation to a fixed maturity option has various risks associated with it. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Please be aware that a market value adjustment could result in a significant loss of principal and previously credited interest. In certain extreme circumstances, it is theoretically possible to lose 100% of your investment. Specifically: </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left">Withdrawals, surrender of your contract, when we make deductions for withdrawal charges, or payment of a death benefit from a fixed maturity option before it matures, we will make a market value adjustment. The market value adjustment may be negative. </td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left">If there is a market value adjustment and interest rates have increased from the time that you originally allocated to a fixed maturity option to the time that you take the withdrawal (including surrender or termination of your contract, when we make deductions for withdrawal charges, or the payment of a death benefit), the market value adjustment will be negative and will reduce your value in the fixed maturity option. This means your annuity payment could be significantly reduced, perhaps by more than amount of the withdrawal and your period certain could be shortened as well. </td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left">The amount of the market value adjustment, either up or down, will be greater the longer the time remaining until the fixed maturity option’s maturity date. </td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left">Therefore, it is possible that a negative market value adjustment could greatly reduce your value in the fixed maturity options, particularly in fixed maturity options with later maturity dates. Under extreme circumstances, you could lose up to 100% of your investment in a fixed maturity option if you take a withdrawal prior to maturity. </td></tr></table> <div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="pro24676_21" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Risks associated with taking an early withdrawal </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash because the contract is designed to provide for the accumulation of retirement savings and income on a long-term basis. As such, you should not use the contract as a short-term investment or savings vehicle and you should consider whether investing in the contract is consistent with the purpose for which the investment is being considered. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Withdrawals may be subject to withdrawal charges, negative market value adjustments (see “Risks associated with the fixed maturity options”), loss of interest and the possibility of adverse tax consequences. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div>Withdrawals and any associated withdrawal charges and market value adjustments could significantly reduce the death benefit and annuity payments, perhaps by more than the amount of the withdrawal, as well as shorten length of the payment period. <div id="pro24676_121" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Death benefit risk </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The death benefit is only available under the non-life contingent option. The death benefit is also limited to non-GMIB Income Manager contracts. No death benefit is available under the life contingent option or with GMIB Income Manager Contracts. </div> <div id="pro24676_22" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Insurance company risk </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">No company other than us has any legal responsibility to pay amounts that we owe under the contract including income payments and amounts allocated to the fixed maturity options. The general obligations and any guaranteed benefits under the contract are supported by our general account and are subject to our claims paying ability. You should look solely to our financial strength for our claims-paying ability. </div> <div id="pro24676_23" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Possible adverse tax consequences </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The tax considerations associated with the contract vary and can be complicated. We cannot provide detailed information on all tax aspects of the contracts. Moreover, the tax aspects that apply to a particular 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. </div> <div id="pro24676_122" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Contract changes risk </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">We may change the features of the fixed maturity options, offer new fixed maturity options, and terminate existing fixed maturity options. We may also change minimum and maximum contribution requirements and limitations, and discontinue acceptance of contributions. </div> We may also change minimum and maximum contribution requirements and limitations, and discontinue acceptance of contributions. <div id="pro24676_901" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Availability by financial intermediary</div></div> </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="display:inline;">Some financial intermediaries (e.g., selling broker-dealer firms) may not offer and/or may limit the offering of certain investment options, contract benefits, and other contract features based on issue age or other criteria established by the selling broker-dealer. For example, your financial professional may not recommend a particular investment option or contract benefit to you that is described in this Prospectus. Before you purchase the contract, you should discuss with your financial professional any limitations, restrictions, or other variations related to the investment options, contract benefits or other contract features available to you through your financial professional. If a particular feature that interests you is not recommended through your broker-dealer, you may want to contact us to explore its availability. </div></div> <div id="pro24676_50" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Business disruption, cybersecurity, and artificial intelligence (“AI”) technologies risks </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">We rely heavily on technology, including interconnected computer systems and data storage networks and digital communications, to conduct our variable product business. Because our variable product business is highly dependent upon the effective operation of our computer systems and those of our service providers and other business partners, our business is vulnerable to disruptions from utility outages, and susceptible to operational and information security risks resulting from information systems failure (e.g., hardware and software malfunctions), and cyberattacks. Cyber-attacks may be systemic (e.g., affecting the internet, cloud services, or other infrastructure) or targeted (e.g., failures in or breach of our systems or those of third parties on whom we rely, including ransomware and malware attacks). Cybersecurity risks include, among other things, the loss, theft, misuse, corruption and destruction of data maintained online or digitally, interference with or denial of service, attacks on our websites (or the websites of third parties on whom we rely), other operational disruption and unauthorized release, use or abuse of confidential customer information. The risk of cyber-attacks may be higher during periods of geopolitical turmoil. Due to the increasing sophistication of cyber-attacks, a cybersecurity breach could occur and persist for an extended period of time without detection. Systems failures and cyberattacks, as well as, any other catastrophic event, including natural and manmade disasters, public health emergencies, pandemic diseases, terrorist attacks, floods or severe storms affecting us, any third-party administrator, the underlying funds, intermediaries and other affiliated or third-party service providers may adversely affect us, our business operations and your account value and interfere with our ability to process contract transactions and calculate account values. Systems failures and cyberattacks may also interfere with our processing of contract transactions, including the processing of orders from our website or with the underlying funds, impact our ability to calculate account values and unit values and/or the underlying funds to be unable to calculate share values, cause the release or </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">possible destruction of confidential customer and/or business information, impede order processing or cause other operational issues, subject us and/or our service providers and intermediaries to regulatory fines, litigation and financial losses and/or cause reputational damage. Cybersecurity risks may also impact the issuers of securities in which the underlying funds invest, which may cause the underlying funds to lose value. The preventative actions we take to reduce the frequency and severity of cybersecurity incidents and protect our computer systems may be insufficient to prevent a cybersecurity breach from impacting our operations or your contract value. There can be no assurance that we or the underlying funds or our service providers and intermediaries will be able to avoid cybersecurity breaches affecting your contract. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The development and deployment of AI tools and technologies, including generative AI, and its use and anticipated use by us or by third parties on whom we rely, may increase our existing operational risks or create new operational risks that we are not currently anticipating. AI and generative AI may be misused by us or by third parties upon which we rely, and that risk is increased by the relative newness of the technology, the speed at which it is being adopted, and the uncertain and evolving policy and regulatory landscape governing its use. Such misuse could expose us to legal or regulatory risk. Because the generative AI technology is so new, many of the potential risks of generative AI are currently unknowable. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">In addition, we are also exposed to risks related to natural and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">man-made</div> disasters, including, but not limited to, storms, fires, floods, earthquakes, public health crises, malicious acts, and terrorist acts, or any other event, which could adversely affect our ability to conduct business. A natural or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">man-made</div> disaster, including a pandemic such as <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">COVID-19,</div> could result in our workforce, and/or employees of service providers and/or third-party administrators, being compromised and unable or unwilling to fully perform their responsibilities, which could likewise result in interruptions in our service. This could interfere with our processing of contract transactions, including processing orders from owners and orders with the underlying funds, impact our ability to calculate contract value, or have other adverse impacts on our operations. These events may also negatively affect the our service providers and intermediaries, the underlying funds and issuers of securities in which the underlying funds invest, which may cause the funds underlying your contract to lose value. There can be no assurance that we or the underlying funds or our service providers and intermediaries will be able to avoid negative impacts associated with natural and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">man-made</div> disasters. </div> <div id="tx24676_18" style="margin-top:0pt; margin-bottom:0pt; font-size:17.5pt; font-family:arial"><div id="pro24676_18" style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">4.</div></div> Charges and adjustments </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000"> </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div id="tx24676_19" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Withdrawal charges </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">A withdrawal charge applies in two circumstances: (1) if you make a withdrawal during a contract year and it exceeds any applicable free withdrawal amount, described below, or (2) if you surrender your contract to receive its cash value. For GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contracts, withdrawal charges do not apply. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The withdrawal charge equals a percentage of each contribution (or single contribution) withdrawn. The percentage that applies depends on how long each contribution has been invested in the contract. We determine the withdrawal charge separately for each contribution according to the following table: </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:100%;border-spacing:0"> <tr> <td style="width:42%"></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td style="vertical-align:bottom;width:1%"></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt;background-color:#d8d8d8"> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"> </div></td> <td style=" BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">  </td> <td colspan="15" style="BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Contract Year</div></div></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt;background-color:#d8d8d8"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"><div style="font-size: x-small; letter-spacing: 0px; top: 0px;display:inline;"> </div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">  </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">1</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">2</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">3</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">4</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">5</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">6</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">7</div></div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">8+</div></div></td></tr> <tr style="font-size:1pt"> <td style="height:1.5pt"></td> <td colspan="2" style="height:1.5pt"></td> <td colspan="2" style="height:1.5pt"></td> <td colspan="2" style="height:1.5pt"></td> <td colspan="2" style="height:1.5pt"></td> <td colspan="2" style="height:1.5pt"></td> <td colspan="2" style="height:1.5pt"></td> <td colspan="2" style="height:1.5pt"></td> <td colspan="2" style="height:1.5pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: arial; line-height: normal;">Percentage of Contribution</div></td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom">  </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center">7.0%</td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center">6.0%</td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center">5.0%</td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center">4.0%</td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center">3.0%</td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center">2.0%</td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center">1.0%</td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center">0.0%</td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">For purposes of calculating the withdrawal charge, we treat the contract year in which we receive a contribution as “contract year 1.” Amounts withdrawn up to the free withdrawal amount are not considered withdrawal of any contribution. We also treat contributions that have been invested the longest as being withdrawn first. We treat contributions as withdrawn before earnings for purposes of calculating the withdrawal charge. However, federal income tax rules treat earnings under your contract as withdrawn first. See “Tax information”. Please note: A withdrawal charge deducted from a fixed maturity option before the end of its term is subject to a market value adjustment which may be negative and may increase the amount deducted. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">We deduct the withdrawal charge from your account value in proportion to the amount withdrawn from each fixed maturity option and any amounts held in the separate account to provide for payments off maturity dates. In order to give you the exact dollar amount of the withdrawal you request, we deduct the amount of the withdrawal and the amount of the withdrawal charge from your account value. In instances where a withdrawal charge applies, other than where you are surrendering your contract, we will deduct <div style="text-decoration: underline; letter-spacing: 0px; top: 0px;display:inline;">more</div> than the amount you requested in order to maintain the same pattern of income payments following the withdrawal, and we will also apply a withdrawal charge (and market value adjustment) to that additional amount withdrawn. The withdrawal charge helps cover our sales expenses. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The withdrawal charge does not apply to the 10% free withdrawal amount described below. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">The 10% free withdrawal amount applies only to life annuity with a period certain contracts (not including GMIB Income Manager</div></div><div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"></div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> contracts since there are no </div></div></div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">withdrawal charges). It does not apply to your period certain contract or if you surrender your contract to receive its cash value. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Under life annuity with a period certain contracts, each contract year you can withdraw up to 10% of your account value without paying a withdrawal charge. This 10% free withdrawal amount is determined using your account value at the beginning of each contract year. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">If you are age 65 or older at the time your contract is issued, the applicable withdrawal charge will not exceed 10% of the amount withdrawn. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="tx24676_20" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Amounts applied from other contracts issued by the Company </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="font-style: italic; letter-spacing: 0px; top: 0px;display:inline;">Life annuity with a period certain contract. </div></div></div></div><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">If you own certain types of contracts that we issue, you may apply the entire account value under those contracts to purchase the life annuity with a period certain contract provided the issue age and payment restrictions for the new contract are met. Depending upon the provisions of your Accumulator<div style="font-family:ARIAL;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contract, the amount used to purchase the GMIB Income Manager<div style="font-family:ARIAL;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> may be reduced by the remaining withdrawal charges on any Accumulator<div style="font-family:ARIAL;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> series contract being surrendered. If the Accumulator<div style="font-family:ARIAL;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contract is a rollover TSA, we will also deduct the amount of any outstanding loan balance, including any accrued unpaid interest. If you apply your account value at a time when the dollar amount of the withdrawal charge under such other contract is greater than 2% of remaining contributions (after withdrawals), we reserve the right to waive the remaining withdrawal charge. However, a new withdrawal charge schedule will apply under the new contract. For purposes of the withdrawal charge schedule, the year in which your account value is applied under the life annuity with a period certain contract will be “contract year 1.” If you apply your account value when the dollar amount of the withdrawal charge is 2% or less, we reserve the right to waive the withdrawal charges under the new contract. You should consider the timing of your purchase as it relates to the potential for withdrawal charges under the life annuity with a period certain contract. </div></div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="font-family: arial; font-size: 9pt; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bolder;display:inline;"><div style="font-style: italic; letter-spacing: 0px; top: 0px;display:inline;">Period certain contract. </div></div></div></div><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;display:inline;">If you own certain types of contracts that we issue, you may apply your entire account value to purchase the period certain contract once any withdrawal charges are no longer in effect under the other contracts. No withdrawal charges will apply under the period certain contract. </div></div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">To purchase any Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contract we require that you return your original contract to us. A new Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contract will be issued putting this annuity into effect. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="tx24676_21" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Charges for state premium and other applicable taxes </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">We deduct a charge designed to approximate certain taxes that may be imposed upon us, such as premium taxes in your </div><div style="clear: both; height: 0pt; font-size: 0pt; max-height: 0px;"></div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:2%;vertical-align:top;text-align:left"></td></tr></table><div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:arial;font-weight:bold;text-align:center"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">23 </div></div></div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">state. We deduct the charge from your contributions. The current tax charge that might be imposed varies by jurisdiction and ranges from 0% to 3.5%. This deduction may not apply for certain GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contracts. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="tx24676_22" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Group or sponsored arrangements </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">For certain group or sponsored arrangements, we may reduce the withdrawal charge or change the minimum initial contribution requirements. We also may increase the rates to maturity for the fixed maturity options and reduce purchase rates for the life contingent annuity. Group arrangements include those in which a trustee or an employer, for example, purchases contracts covering a group of individuals on a group basis. Sponsored arrangements include those in which an employer allows us to sell contracts to its employees or retirees on an individual basis. IRA contracts are not available for group arrangements. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Our costs for sales, administration, and mortality generally vary with the size and stability of the group or sponsoring organization, among other factors. We take all these factors into account when reducing charges. To qualify for reduced charges, a group or sponsored arrangement must meet certain requirements, such as requirements for size and number of years in existence. Group or sponsored arrangements that have been set up solely to buy contracts or that have been in existence less than six months will not qualify for reduced charges. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">We will make these and any similar reductions according to our rules in effect when we approve a contract for issue. We may change these rules from time to time. Any variation in the withdrawal charge will reflect differences in costs or services and will not be unfairly discriminatory. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Group or sponsored arrangements may be governed by federal income tax rules, the Employee Retirement Income Security Act of 1974, or both. We make no representations with regard to the impact of these and other applicable laws on such programs. We recommend that employers, trustees, and others purchasing or making contracts available for purchase under such programs seek the advice of their own legal and benefits advisers. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="tx24676_23" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Other distribution arrangements </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">We may reduce or eliminate withdrawal charges when sales are made in a manner that results in savings of sales and administrative expenses. This may include sales through persons who are compensated by clients for recommending investments and who receive no commission or reduced commissions in connection with the sale of the contracts. We will not permit a reduction or elimination of the withdrawal charge where it will be unfairly discriminatory. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:12pt"> </div><div id="pro24676_23a" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Market value adjustments </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Withdrawals, surrender of your contract, when we make deductions for withdrawal charges, or payment of a death benefit from a fixed maturity option before it matures we will </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10.5pt; font-family:arial">make a market value adjustment which will increase or decrease any fixed maturity amount you have in that fixed maturity option. In other words, both positive and negative market value adjustments are allocated to the remaining fixed maturity amount in the fixed maturity option. A negative market value adjustment could significantly reduce the death benefit and your annuity payment, perhaps by more than the amount of the withdrawal and shorten the length of your period certain. The market value adjustment for amounts withdrawn from a fixed maturity option before maturity could result in up to a 100% loss of your investment in the fixed maturity option in extreme situations. The amount of the adjustment will depend on two factors: </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10.5pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:18pt;vertical-align:top;text-align:left">(a)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10.5pt; font-family: arial; text-align: left; line-height: normal;">the difference between the rate to maturity that applies to the amount being withdrawn and the rate to maturity in effect at that time for new allocations to that same fixed maturity option; and </div></td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10.5pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:18pt;vertical-align:top;text-align:left">(b)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10.5pt; font-family: arial; text-align: left; line-height: normal;">the length of time remaining until the maturity date. </div></td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10.5pt; font-family:arial">In general, if interest rates rise from the time that we originally allocate an amount to a fixed maturity option to the time that you take a withdrawal, the market value adjustment will be negative. Likewise, if interest rates drop at the end of that time, the market value adjustment will be positive. Also, the amount of the market value adjustment, either up or down, will be greater the longer the time remaining until the fixed maturity option’s maturity date. Therefore, it is possible that the market value adjustment could greatly reduce your value in the fixed maturity options, particularly in the fixed maturity options with later maturity dates. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10.5pt; font-family:arial">The market value adjustment is calculated at the time of the withdrawal, surrender of your contract, when we make a deduction for a withdrawal charge, or payment of a death benefit. The market value adjustment is calculated after the withdrawal charge is calculated. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10.5pt; font-family:arial">We provide an explanation of how we calculate the market value adjustment, and an example of how we calculate the market value adjustment in the Statement of Additional Information. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10.5pt; font-family:arial">The market value adjustment transfers risk from us to you to protect us from losses on our investments supporting the fixed maturity options if amounts are removed prematurely. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10.5pt; font-family:arial">You can obtain the market value adjustment for the fixed maturity options in which you invest by calling (800) 628-6673. This value can fluctuate daily, and the current value quoted may differ from the actual market value adjustment at the time of a transaction. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10.5pt; font-family:arial">Please note: A negative market value adjustment will decrease your account value and surrender value and could significantly reduce your death benefit and your annuity payment, perhaps by more than the amount of the withdrawal and shorten the length of your period certain. </div> If you apply your account value at a time when the dollar amount of the withdrawal charge under such other contract is greater than 2% of remaining contributions (after withdrawals), we reserve the right to waive the remaining withdrawal charge. However, a new withdrawal charge schedule will apply under the new contract. Withdrawals, surrender of your contract, when we make deductions for withdrawal charges, or payment of a death benefit from a fixed maturity option before it matures we willmake a market value adjustment which will increase or decrease any fixed maturity amount you have in that fixed maturity option. In other words, both positive and negative market value adjustments are allocated to the remaining fixed maturity amount in the fixed maturity option. A negative market value adjustment could significantly reduce the death benefit and your annuity payment, perhaps by more than the amount of the withdrawal and shorten the length of your period certain. 1 The amount of the adjustment will depend on two factors:the difference between the rate to maturity that applies to the amount being withdrawn and the rate to maturity in effect at that time for new allocations to that same fixed maturity option; andthe length of time remaining until the maturity date. In general, if interest rates rise from the time that we originally allocate an amount to a fixed maturity option to the time that you take a withdrawal, the market value adjustment will be negative. Likewise, if interest rates drop at the end of that time, the market value adjustment will be positive. Also, the amount of the market value adjustment, either up or down, will be greater the longer the time remaining until the fixed maturity option’s maturity date. Therefore, it is possible that the market value adjustment could greatly reduce your value in the fixed maturity options, particularly in the fixed maturity options with later maturity dates. The market value adjustment transfers risk from us to you to protect us from losses on our investments supporting the fixed maturity options if amounts are removed prematurely. You can obtain the market value adjustment for the fixed maturity options in which you invest by calling (800) 628-6673. This value can fluctuate daily, and the current value quoted may differ from the actual market value adjustment at the time of a transaction. <div id="tx24676_24" style="margin-top:0pt; margin-bottom:0pt; font-size:17.5pt; font-family:arial"><div id="pro24676_24" style="letter-spacing: 0px; top: 0px;display:inline;"></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">5.</div></div> Benefits available under the contract </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="line-height:4.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000"> </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">The following table summarizes important information about the benefits available under the contract. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:100%;border-spacing:0"> <tr> <td style="width:12%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:37%"></td> <td style="vertical-align:bottom"></td> <td style="width:8%"></td> <td style="vertical-align:bottom"></td> <td></td> <td style="vertical-align:bottom"></td> <td style="width:35%"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt;background-color:#d8d8d8"> <td style="BORDER:0.75pt solid #000000; padding-left:8pt;vertical-align:bottom"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Name of Benefit</div></div></td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Purpose</div></div></td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Is Benefit<br/>Standard or<br/>Optional</div></div></td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Maximum<br/>Fee</div></div></td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000; padding-right:2pt;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Brief Description of Restrictions/ Limitations</div></div></td></tr> <tr style="font-size:1pt"> <td style="BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; padding-left:8pt;height:1.5pt"> </td> <td colspan="2" style="BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000;height:1.5pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="BORDER-LEFT:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000; padding-left:8pt;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: arial; font-weight: bold; line-height: normal;">Death benefit</div></td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div>Provides beneficiaries with a death benefit before payments begin or during the period certain.</td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top;text-align:center">Standard</td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top;text-align:center">None</td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000; padding-right:2pt;vertical-align:top"><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">Not payable after period certain</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">Limited to remaining payments under period certain once income payments begin.</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">For GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">®</div></div> contracts, the annuity payments are considered to have begun at issue of the contract</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">A market value adjustment may apply upon payment of the death benefit, which could be negative, and could significantly reduce the death benefit</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">Withdrawals and any associated withdrawal charges and market value adjustments could significantly reduce the death benefit, perhaps by more than the amount of the withdrawal</div></div></div></td></tr></table><div id="pro852421_24_1" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Death benefit — for all contracts other than GMIB Income Manager</div></div><div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"></div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> contracts</div></div> </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">When the annuitant dies before payments begin </div></div></div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:visible;padding-top:3pt"><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Generally, when we receive satisfactory proof of the annuitant’s death before annuity payments begin we will pay the death benefit to the “beneficiary” named in your contract. See “Your beneficiary”. If the joint owner who is also the annuitant dies, we will consider the surviving owner to be the beneficiary, taking the place of any other beneficiary designations. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">We determine the amount of the death benefit payable to your beneficiary as of the date we receive satisfactory proof of the annuitant’s death and any required instructions for the method of payment and any required forms necessary to effect payment. The death benefit is the greater of: </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:18pt;vertical-align:top;text-align:left">(1)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: left; line-height: normal;">your account value; and </div></td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:18pt;vertical-align:top;text-align:left">(2)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: left; line-height: normal;">the sum of the fixed maturity amounts in each fixed maturity option plus any amounts held in the separate account to provide for payments off maturity dates. </div></td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">However, if you are the annuitant and your spouse is the joint owner or the designated beneficiary under the contract, your spouse may elect to receive the payments instead of taking the death benefit if payments have not been deferred, or payments are scheduled to begin within one year. The payments will then begin on the scheduled date. We will not make any payments under the life contingent annuity after the annuitant’s death unless you have elected the joint and survivor form of payments. If you elect joint and one-half or joint and two-thirds to survivor payments, at the death of either annuitant, we will reduce the payments by one-half or one-third, whichever applies. </div></div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Please note: A market value adjustment may apply upon payment of the death benefit, which could be negative, and could significantly reduce the death benefit. Also, withdrawals and any associated withdrawal charges and market value adjustments could significantly reduce the death benefit, perhaps by more than the amount of the withdrawal. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">When</div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> </div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">the</div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> </div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">annuitant</div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> </div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">dies</div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> </div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">after</div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> </div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">the</div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> </div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">annuity</div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> </div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">payments</div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;"> </div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">begin</div></div> </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">If the annuitant dies after the payments begin, we will con- tinue to make payments during the period certain to either the joint owner or the designated beneficiary, whichever applies. The Setting Every Community Up for Retirement Enhancement Act (“SECURE Act”) enacted at the end of 2019 may restrict the post-death payment period under IRAs. If payments continue to the beneficiary, he or she will be deemed the successor owner. If there is a joint owner, the surviving joint owner will be deemed the beneficiary, superseding any other beneficiary designation. The payments will be made on the same schedule that was in effect before the annuitant’s death and will terminate at the end of the period certain. If you elected joint and survivor payments under the life contingent annuity, the payments will be made as long as one of the annuitants is living. If you elected joint and one-half or joint and two-thirds to survivor payments, at the death of either annuitant, we will reduce the payments by one-half or one-third, whichever applies. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">A death benefit is never payable under the life contingent annuity. The death benefit applies only during the period certain. </div></div></div><div style="line-height:7.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">At the beneficiary’s option, payments during the period certain may be discontinued and paid in a single sum. If the single sum is elected within one year after the annuitant’s death, the single sum will be paid as a death benefit and will be equal to the greater of: </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:18pt;vertical-align:top;text-align:left">(1)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: left; line-height: normal;">the account value; and </div></td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:18pt;vertical-align:top;text-align:left">(2)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial; text-align: left; line-height: normal;">the sum of the fixed maturity amounts in each fixed maturity option, plus any amounts held in the separate account to provide for payments off maturity dates. </div></td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">If a single sum is elected and there is a joint annuitant, we will begin making payments to you under the life contingent annuity at an earlier date. These payments will be made in reduced amounts to compensate for the earlier start date. If you elected joint and one-half or joint and two-thirds to survi- vor payments, at the death of either annuitant, we will reduce the payments by one-half or one-third, whichever applies. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">When the NQ contract owner who is not the annuitant dies after the annuity payments begin </div></div></div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">If your death occurs after annuity payments begin, payments will continue to be made during the period certain to the designated beneficiary, or in the case of joint owners, to the surviving owner. In either case this person becomes the new contract owner. The payments will be made on the same payment schedule that was in effect before your death. After the period certain, lifetime payments will be made under the life contingent annuity for as long as the annuitant (or joint annuitant) is living. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">If a single sum is elected, we will begin making payments to you under the life contingent annuity at an earlier date. The lump sum is treated as a withdrawal. See the discussion of withdrawals earlier in this section. These payments will be made in reduced amounts to compensate for the earlier start date. When the life contingent annuity is in effect and one of the joint annuitants dies, if you elected joint and one-half or joint and two-thirds to survivor payments, at the death of either annuitant, we will reduce the payments by one-half or one-third, whichever applies. </div><div id="pro24676_25" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Death benefit — for all GMIB Income Manager</div></div><div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"></div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> contracts </div></div></div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">For purposes of determining the death benefit in connection with any GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contract, the annuity payments are considered to have begun at issue of the contract. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">When the annuitant dies </div></div></div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">In general, we will continue to make payments during the period certain as described earlier in this section under “Death benefit — for all contracts other than the GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contracts” under “When the annuitant dies after the annuity payments begin.” However, if there is a non-owner joint annuitant, we will continue to make payments to the original owner until the death of the joint annuitant. </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Payments during the period certain may be discontinued and paid in a single sum. If there is a joint annuitant, we will begin making payments to you under the life contingent annuity at an earlier date. The lump sum is treated as a withdrawal. See the discussion of withdrawals earlier in this section. These payments will be made in reduced amounts to compensate for the earlier start date. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">When the NQ GMIB contract owner who is not the annuitant dies </div></div></div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">We will continue to make annuity payments during the period certain as described in this section under “Death benefit — for all contracts other than the GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contracts” under “When the NQ contract owner who is not the annuitant dies after the annuity payments begin.” </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div id="tx24676_25" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">Your beneficiary </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">You designate your beneficiary when you apply for your contract. You may change your beneficiary at any time while the owner and annuitant are alive and the contract is in force. The change will be effective on the date the written request for change is signed. For Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div> contracts only, where payments have not started; and you are not the annuitant; and you have not named a specific successor owner, the beneficiary will become the successor owner upon your death. </div><div id="tx24676_26" style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Your annuity payout options (not including GMIB Income Manager</div></div><div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:8.3px">®</div></div><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"></div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> contracts) </div></div></div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">If the annuitant dies before annuity payments begin, your beneficiary may elect to apply the death benefit to an annuity payout option. We offer several annuity payout options to choose from. Restrictions apply, depending on the type of contract you own. Please see “Contract features and benefits” under the “Death benefit” sections for more information. The SECURE Act may restrict the post-death payment period under IRAs. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:9pt; font-family:arial;font-weight:bold"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Annuity payout options </div></div></div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">Your beneficiary can choose from among the following death benefit annuity payout options: </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Life annuity:</div></div> An annuity that guarantees payments for the rest of the annuitant’s life. Payments end with the last payment before the annuitant’s death. Because there is no death benefit with this payout option, it provides the highest payment of any of the life annuity options, so long as the annuitant is living. </td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Life annuity — period certain:</div></div> An annuity that guarantees payments for the rest of the annuitant’s life, and, if the annuitant dies before the end of a selected period of time (“period certain”), payments to the beneficiary will continue for the balance of the period certain subject to the required minimum distribution rules, if applicable. </td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; text-align: left; line-height: normal;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Life annuity — refund certain:</div></div> An annuity that guarantees payments for the rest of the annuitant’s life. If the annuitant dies before the amount applied to purchase </div></td></tr></table><div style="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:visible;padding-top:3pt"> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;color:#000000;text-align:left"> </td> <td style="width:0.75pt"> </td> <td style="vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; font-family: arial; font-size: 10pt; line-height: normal;">the annuity option has been recovered, payments continue to the beneficiary until that amount has been recovered subject to the required minimum distribution rules, if applicable. </div></td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:17.25pt;vertical-align:top;text-align:left">•</td> <td style="width:0.75pt;vertical-align:top"> </td> <td style="vertical-align:top;text-align:left"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Period certain annuity:</div></div> An annuity that guarantees payments for a specific period of time, usually 5, 10, 15 or 20 years. This option does not guarantee payments for the rest of the annuitant’s life. It does not permit any repayment of the unpaid principal, so you cannot elect to receive part of the payments as a single sum payment with the rest paid in monthly annuity payments. </td></tr></table><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The life annuity; life annuity — period certain and the life annuity —refund certain are available on either single life or joint and survivor life basis. The joint and survivor life annuity guarantees payments for the rest of the annuitant’s life and, after the annuitant’s death, continuation of payments to the survivor. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">All of the above annuity payout options are available as fixed annuities. With fixed annuities, we guarantee fixed annuity payments that will be based either on the tables of guaranteed annuity payments in your contract or on our then current annuity rates, whichever is more favorable for the annuitant. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">When the beneficiary selects a payout option, we will issue a separate written agreement confirming the beneficiary’s right to receive annuity payments. We require the return of the contract before annuity payments begin. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The amount of the annuity payments will depend on the amount applied to purchase the annuity, the type of annuity chosen and, in the case of a life annuity, the annuitant’s age (or the annuitant’s and joint annuitant’s ages) and in certain instances, the sex of the annuitant(s). Once a payout option has been chosen and payments begin, no change can be made. However, depending on your beneficiary/joint annuitant designations and annuity payout option, the annuity amounts and payment term remaining after your death may be modified if necessary to comply with the minimum distribution requirements of federal income tax law. The amount of each annuity payment will be less with a greater frequency of payments or with a longer duration of a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-life</div> contingent annuity or the certain period of a life contingent annuity. Your financial professional can provide you with additional information about your annuity payment options. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">At the time that the beneficiary elects a payout option if the amount to be applied is less than $2,000, or the initial payment under the form elected is less than $20 monthly, we reserve the right to pay the account value in a single sum rather than as payments under the payout option chosen. </div></div><div style="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:visible;padding-top:3pt"><div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">  </div></div><div style="clear: both; font-size: 0pt; max-height: 0px;"></div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial;font-weight:bold">The following table summarizes important information about the benefits available under the contract. </div><div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:100%;border-spacing:0"> <tr> <td style="width:12%"></td> <td style="vertical-align:bottom;width:1%"></td> <td style="width:37%"></td> <td style="vertical-align:bottom"></td> <td style="width:8%"></td> <td style="vertical-align:bottom"></td> <td></td> <td style="vertical-align:bottom"></td> <td style="width:35%"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt;background-color:#d8d8d8"> <td style="BORDER:0.75pt solid #000000; padding-left:8pt;vertical-align:bottom"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Name of Benefit</div></div></td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Purpose</div></div></td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Is Benefit<br/>Standard or<br/>Optional</div></div></td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Maximum<br/>Fee</div></div></td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000; padding-right:2pt;vertical-align:bottom;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Brief Description of Restrictions/ Limitations</div></div></td></tr> <tr style="font-size:1pt"> <td style="BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; padding-left:8pt;height:1.5pt"> </td> <td colspan="2" style="BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000;height:1.5pt"> </td> <td colspan="2" style="BORDER-LEFT:0.75pt solid #000000; BORDER-TOP:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000;height:1.5pt"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="BORDER-LEFT:0.75pt solid #000000; BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000; padding-left:8pt;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 8pt; font-family: arial; font-weight: bold; line-height: normal;">Death benefit</div></td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top"><div style="letter-spacing: 0px; top: 0px;display:inline;"></div>Provides beneficiaries with a death benefit before payments begin or during the period certain.</td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top;text-align:center">Standard</td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top;text-align:center">None</td> <td style=" BORDER-LEFT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom"> </td> <td style="BORDER-RIGHT:0.75pt solid #000000; BORDER-BOTTOM:0.75pt solid #000000; padding-right:2pt;vertical-align:top"><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">Not payable after period certain</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">Limited to remaining payments under period certain once income payments begin.</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">For GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">®</div></div> contracts, the annuity payments are considered to have begun at issue of the contract</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">A market value adjustment may apply upon payment of the death benefit, which could be negative, and could significantly reduce the death benefit</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">Withdrawals and any associated withdrawal charges and market value adjustments could significantly reduce the death benefit, perhaps by more than the amount of the withdrawal</div></div></div></td></tr></table> Death benefit Provides beneficiaries with a death benefit before payments begin or during the period certain. true 0 <div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">Not payable after period certain</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">Limited to remaining payments under period certain once income payments begin.</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">For GMIB Income Manager<div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">®</div></div> contracts, the annuity payments are considered to have begun at issue of the contract</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">A market value adjustment may apply upon payment of the death benefit, which could be negative, and could significantly reduce the death benefit</div></div></div><div style="margin-top:0pt;margin-bottom:0pt; display: table-row"><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:0.875000em; font-size:8pt; font-family:arial">•</div></div><div style="display: table-cell"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.356250em; font-size:8pt; font-family:arial">Withdrawals and any associated withdrawal charges and market value adjustments could significantly reduce the death benefit, perhaps by more than the amount of the withdrawal</div></div></div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="font-style: normal; letter-spacing: 0px; top: 0px;display:inline;"><div style="font-style:italic;display:inline;">Fixed Maturity Options</div></div> </div> <div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">The following is a list of Fixed Maturity Options currently available under the contract. We may change the features of the Fixed Maturity Options listed below, offer new Fixed Maturity Options, and terminate existing Fixed Maturity Options. We will provide you with written notice before doing so. </div> <div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">Note: </div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">If amounts are removed from a </div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">f</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">ixed </div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">m</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">aturity </div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">o</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">ption before the end of its term, we may apply a market value adjustment. This may result in a significant reduction in your </div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">contract</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> value and your annuity payments and may shorten the period certain.</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> </div></div> </div> <div style="margin-top:0pt; margin-bottom:-6pt; font-size:4pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:10pt;width:100%;border-spacing:0"> <tr> <td style="width:57%"></td> <td style="vertical-align:bottom;width:15%"></td> <td></td> <td style="vertical-align:bottom;width:13%"></td> <td></td> <td></td> <td></td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt;background-color:#d8d8d8"> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; font-weight: bold; line-height: normal;">Name</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; line-height: normal;"> </div> </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);">  </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; font-weight: bold; text-align: center; line-height: normal;">Term</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; text-align: left; line-height: normal;"> </div> </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);">  </td> <td colspan="2" style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; font-weight: bold; text-align: center; line-height: normal;">Minimum Guaranteed Rate of Interest</div> <div style="margin-top: 0pt; margin-bottom: -6pt; font-size: 4pt; text-align: left; line-height: normal;"> </div> </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);"> </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Fixed Maturity Options</div> </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);">  </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0); white-space: nowrap;">1 year to 15 years</td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);">  </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; text-align: right; border-bottom: 0.75pt solid rgb(0, 0, 0);">3</td> <td style="white-space: nowrap; vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0); border-top: 0.75pt solid rgb(0, 0, 0);">% </td> </tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:10pt"> <td style="vertical-align: top; border-bottom: 0.75pt solid rgb(0, 0, 0);"> <div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; text-indent: -1em; font-size: 10pt; font-family: arial; line-height: normal;">Separate Account (not in Fixed Maturity Options)*</div> </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);">  </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0); white-space: nowrap;">No fixed term</td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);">  </td> <td style="vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);"> </td> <td style="vertical-align: bottom; text-align: right; border-bottom: 0.75pt solid rgb(0, 0, 0);">3</td> <td style="white-space: nowrap; vertical-align: bottom; border-bottom: 0.75pt solid rgb(0, 0, 0);">% </td> </tr> </table> <div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left">*</td> <td style="vertical-align:top;text-align:left"> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: left; line-height: normal;">The separate account is not an investment option you can allocate to. </div> </td> </tr> </table> <div style="margin-top:0pt; margin-bottom:-6pt; font-size:6pt"> </div> <div style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:arial">For more information, please see “Fixed maturity options” and “Off maturity date payments” under “What are your investments under the contract?” under “Purchasing the contract and contract features” and “Market value adjustments” under “Charges and adjustments.” </div> <div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">If amounts are removed from a </div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">f</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">ixed </div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">m</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">aturity </div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">o</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">ption before the end of its term, we may apply a market value adjustment. This may result in a significant reduction in your </div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;">contract</div></div><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bolder;display:inline;"> value and your annuity payments and may shorten the period certain.</div></div> Fixed Maturity Options P15Y 0.03 Separate Account (not in Fixed Maturity Options) 0.03 <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:11%;vertical-align:top;text-align:left"><div style="font-weight:bold;display:inline;">ITEM 31A.</div></td> <td style="vertical-align:top;text-align:left"><div style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;font-weight:bold;text-align:left">INFORMATION ABOUT CONTRACTS WITH INDEX-LINKED OPTIONS AND FIXED OPTIONS SUBJECT TO A CONTRACT ADJUSTMENT. </div></td></tr></table><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left">(a)</td> <td style="vertical-align:top;text-align:left"><div style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">For any Contract with Index-Linked Options and/or Fixed Options subject to a Contract Adjustment offered through this registration statement, provide the information required by the following table as of December 31 of the prior calendar year. </div></td></tr></table><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt;width:100%;border-spacing:0;margin:0 auto"> <tr> <td style="width:38%"></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt"> <td style="vertical-align:bottom;white-space:nowrap"><div style=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman;font-weight:bold">Name of the Contract</div></td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><div style="font-weight:bold;display:inline;">Number of<br/>Contracts<br/>Outstanding</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><div style="font-weight:bold;display:inline;">Total value<br/>attributable</div><br/><div style="font-weight:bold;display:inline;">to the</div><br/><div style="font-weight:bold;display:inline;">Index-</div><br/><div style="font-weight:bold;display:inline;">Linked</div><br/><div style="font-weight:bold;display:inline;">Option</div><br/><div style="font-weight:bold;display:inline;">and/or</div><br/><div style="font-weight:bold;display:inline;">Fixed</div><br/><div style="font-weight:bold;display:inline;">Option</div><br/><div style="font-weight:bold;display:inline;">subject to a<br/>Contract</div><br/><div style="font-weight:bold;display:inline;">Adjustment</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><div style="font-weight:bold;display:inline;">Number of<br/>Contracts<br/>sold during<br/>the prior<br/>calendar<br/>year</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><div style="font-weight:bold;display:inline;">Gross premiums<br/>received<br/>during the prior<br/>calendar year</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td colspan="2" style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><div style="font-weight:bold;display:inline;">Amount of<br/>Contract</div><br/><div style="font-weight:bold;display:inline;">value</div><br/><div style="font-weight:bold;display:inline;">redeemed</div><br/><div style="font-weight:bold;display:inline;">during the</div><br/><div style="font-weight:bold;display:inline;">prior</div><br/><div style="font-weight:bold;display:inline;">calendar</div><br/><div style="font-weight:bold;display:inline;">year</div></td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="border-bottom:1.00pt solid #000000;vertical-align:bottom;text-align:center"><div style="font-weight:bold;display:inline;">Combination<br/>Contract<br/>(Yes/No)</div></td></tr> <tr style="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt;background-color:#cceeff"> <td style="vertical-align:top"><div style=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Income Manager</div></td> <td style="vertical-align:bottom">  </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:right">8,036</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="vertical-align:bottom">$</td> <td style="vertical-align:bottom;text-align:right">626,418,496.04</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="vertical-align:bottom"> </td> <td style="vertical-align:bottom;text-align:right">488</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="vertical-align:bottom">$</td> <td style="vertical-align:bottom;text-align:right">37,170,059.44</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="vertical-align:bottom">$</td> <td style="vertical-align:bottom;text-align:right">103,016,809.28</td> <td style="white-space:nowrap;vertical-align:bottom"> </td> <td style="vertical-align:bottom">  </td> <td style="vertical-align:bottom;text-align:center">No</td></tr></table><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%;vertical-align:top;text-align:left">(b)</td> <td style="vertical-align:top;text-align:left"><div style=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman;text-align:left">Not applicable. </div></td></tr></table><div style="font-size:18pt;margin-top:0pt;margin-bottom:0pt"> </div> Income Manager 8036 626418496.04 488 37170059.44 103016809.28 false The separate account is not an investment option you can allocate to. A market value adjustment will apply to withdrawals, surrender of your contract, when we make deductions for withdrawal charges, or payment of a death benefit. The actual amount of the market value adjustment is determined by a formula that depends on, among other things, the difference between the rate to maturity that applies to the amount being withdrawn and the rate to maturity in effect at that time for new allocations to that same fixed maturity option, and the length of time remaining until the maturity date. In general, the maximum loss would occur if there is a total distribution for a fixed maturity option a significant time prior to the maturity date and interest rates have risen dramatically from the time that you originally allocate an amount to the fixed maturity option to the time that you take the withdrawal. See “How we determine the market value adjustment” in the Statement of Additional Information for more information.