Investment option changes for variable annuity and life products

04/15/2024

Several investment option changes will go into effect on April 26. The changes affect variable annuity and variable life insurance products and include investment option additions and mergers. The LVIP American Century investment options outlined below will be added to accommodate the mergers.
This listing of products will help you identify those affected by the applicable changes:

Annuities	FVA = Flexible Variable Annuity IPVA = Investment Plus Variable Annuity FRDM = Freedom Variable Annuity Pivot = Pivot Series Variable Annuity
Life insurance	BVUL = Benefit Variable Universal Life EVUL = Executive Variable Universal Life FVLI = Flex Variable Life PrinFlex = PrinFlex SVUL = Survivorship Variable Universal Life VUL Accum = Variable Universal Life Accumulator VUL Income = Variable Universal Life Income

Fund changes effective April 26

Products affected
Liquidations	Annuity	Life
DWS Equity 500 Index VIP Class B2 (closed to new investors with an application signature date 06/08/19 and later) liquidating to Fidelity VIP Government Money Market Portfolio	PIVOT	N/A
Mergers
American Century VP Inflation Protection Fund - Class II to LVIP American Century Inflation Protection Fund – Service Class	PIVOT IPVA FVA	BVUL, BVUL II EVUL, EVUL II, EVUL III FVLI SVUL PrinFlex VUL Income, VUL Income II, VUL Income III, VUL Income IV VUL Accum, VUL Accum II
American Century VP Disciplined Core Value Fund – Class I to LVIP American Century Disciplined Core Value Fund – Standard Class II	FVA FRDM FRDM2	FVLI SVUL PrinFlex VUL Accum
American Century VP Disciplined Core Value Fund – Class II to LVIP American Century Disciplined Core Value Fund – Service Class	N/A	EVUL, EVUL II, EVUL III BVUL, BVUL II VUL Accum II VUL Income, VUL Income II, VUL Income III, VUL Income IV
American Century VP Value Fund – Class II to LVIP American Century Value Fund – Service Class	PIVOT FVA	BVUL, BVUL II EVUL, EVUL II, EVUL III FVLI SVUL PrinFlex VUL Income, VUL Income II, VUL Income III, VUL Income IV VUL Accum, VUL Accum II
American Century VP Mid Cap Value Fund – Class II to LVIP American Century Mid Cap Value Fund – Service Class	IPVA FVA	BVUL, BVUL II EVUL, EVUL II, EVUL III FVLI SVUL PrinFlex VUL Income, VUL Income II, VUL Income III, VUL Income IV VUL Accum, VUL Accum II
American Century VP Ultra Fund – Class I to LVIP American Century Ultra Fund – Standard Class II	FVA	FVLI SVUL PrinFlex VUL Accum
American Century VP Ultra Fund – Class II to LVIP American Century Ultra Fund – Service Class	IPVA	BVUL EVUL VUL Income VUL Accum II
American Century VP Capital Appreciation Fund – Class I to LVIP American Century Capital Appreciation Fund – Standard Class II	IPVA	N/A
American Century VP Capital Appreciation Fund – Class II to LVIP American Century Capital Appreciation Fund – Service Class	N/A	BVUL, BVULII EVUL, EVUL II, EVUL III VUL Income II, VUL Income III, VUL Income IV
American Century VP International Fund – Class II to LVIP American Century International Fund – Service Class	N/A	BVUL, BVULII EVUL, EVUL II, EVUL III

Applications and illustrations

Variable Life supplemental applications will be updated and available 04/26.
Life illustrations for all affected products will be updated and available 04/26.
Variable annuity applications will be updated and available 04/27.
Annuity illustrations for all affected products will be updated and available 05/01.

Questions?
Give us a call and one of the teams below can help.

Annuities: Principal^® Annuities and Income Solutions: 866-309-1623
Life: National Sales Desk: 800-654-4278

For financial professional use only. Not for distribution to the public.

Not FDIC or NCUA insured • May lose value • Not a deposit • No bank or credit union
guarantee • Not insured by any federal government agency

Insurance products issued by Principal National Life Insurance Company (except in NY) and Principal Life Insurance Company^®. Annuities are issued by Principal Life Insurance Company. Securities offered through Principal Securities, Inc., Member SIPC, and/or independent broker/dealers. Plan administrative services offered by Principal Life. Referenced companies are members of the Principal Financial Group^®, Des Moines, IA 50392.

Principal^®, Principal Financial Group^®, and Principal and the logomark design are registered trademarks of Principal Financial Services, Inc., a Principal Financial Group company, in the United States and are trademarks and service marks of Principal Financial Services, Inc., in various countries
around the world.

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