No changes to our GMWB Charges and Percentages in all states

Annuities:::

09/23/2024

Below is a link to the most recent supplement to the Principal Lifetime Income Solutions II Variable Annuity prospectus. The guaranteed minimum withdrawal benefit (GMWB) charges published in this supplement will be in effect October 1, 2024 to October 31, 2024.

GMWB Charges and Percentages Supplement effective 10/01/2024

While there are no changes from the previous month for all states, this supplement supersedes any previous version. It must accompany the current effective prospectus for any new applications signed during this time period.

Please print and include the most current supplement in your sales kits to ensure you have the applicable GMWB charges and percentages. Refer to the prospectus for additional information on determining which GMWB charges and percentages will apply to your client’s contract.

For more information: Principal Annuities, 866-309-1623.

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

Annuity products and services are offered through Principal Life Insurance Company®. Securities offered through Principal Securities, Inc., member SIPC, and/or independent broker/dealers. Referenced companies are members of the Principal Financial Group®, Des Moines, Iowa 50392, principal.com.

Guarantees are based on the claims-paying ability of the issuing insurance company.

All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. Policy guarantees and benefits are not obligations of, nor backed by, the broker/dealer and/or insurance agency selling the policy, nor by any of their affiliates, and none of them makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.

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