Jefferson National Life Annuity Account G
03/27/2026 | Press release | Distributed by Public on 03/27/2026 07:22
Summary Prospectus for New Investors by Investment Company (Form 497VPI)
Supplement dated March 27, 2026
to the following initial summary prospectus(es):
to the following initial summary prospectus(es):
Monument Advisor, Monument Advisor Select and Monument Advisor Select NY dated May 1, 2025
|
This supplement updates certain information contained in your initial summary prospectus. Please read and
retain this supplement for future reference.
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The Board of Trustees of the funds approved the merger of Legg Mason Partners Variable Equity Trust - ClearBridge Variable Dividend Strategy Portfolio: Class I ("Target Fund 1") into Lincoln Variable Insurance Products Trust - LVIP ClearBridge Dividend Strategy Fund: Standard Class ("Aquiring Fund 1"), as well as Legg Mason Partners Variable Equity Trust - ClearBridge Variable Large Cap Growth Portfolio: Class I ("Target Fund 2") into Lincoln Variable Insurance Products Trust - LVIP ClearBridge Large Cap Growth Fund: Standard Class ("Acquiring Fund" 2). Subject to shareholder approval, the merger will be effective on or about April 24, 2026 (the "Effective Date").
As of the Effective Date, the following changes apply to the contract:
•
Target Funds 1 and 2 will no longer be available to receive transfers or new purchase payments;
•
Target Funds 1 and 2 will transfer all or substantially all of its assets to the respective Acquiring Funds 1 and 2 in exchange for shares of the respective Acquiring Fund 1 or 2; and
•
Acquiring Funds 1 and 2 will assume all liabilities of the respective Target Fund.
Accordingly, the following changes apply to the prospectus:
(1) Appendix is amended to add the following:
*
This underlying mutual fund's current expenses reflect a temporary fee reduction.
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Type
|
Underlying Mutual Fund and Adviser/
Subadviser
|
Current
Expenses
|
Low Cost
Fund Platform
Fee1
|
Current
Expenses +
Low Cost
Fund Platform
Fee
|
Average Annual
Total Returns
(as of 12/31/2025)
|
||
|
1
year
|
5
year
|
10
year
|
|||||
|
Equity
|
Lincoln Variable Insurance Products Trust - LVIP
ClearBridge Dividend Strategy Fund: Standard
Class
This underlying mutual fund is only available in
contracts for which good order applications were
received before April 24, 2026
Investment Advisor: Lincoln Financial Investments
Corporation
Sub-Advisor: ClearBridge Investments, LLC
|
0.75%
|
0.00%
|
0.75%
|
12.62%
|
11.86%
|
12.46%
|
|
Equity
|
Lincoln Variable Insurance Products Trust - LVIP
ClearBridge Large Cap Growth Fund: Standard
Class
This underlying mutual fund is only available in
contracts for which good order applications were
received before April 24, 2026
Investment Advisor: Lincoln Financial Investments
Corporation
Sub-Advisor: ClearBridge Investments, LLC
|
0.74%
|
0.00%
|
0.74%
|
8.62%
|
10.57%
|
14.46%
|
*
This underlying mutual fund's current expenses reflect a temporary fee reduction.
1
Reflects the current Low Cost Fund Platform Fee. The maximum Low Cost Fund Platform Fee applicable for any Sub-account is 0.35%.
(2) All references in the prospectus to Target Funds 1 and 2 are deleted and replaced with the Acquiring Funds 1 and 2.
ISP-1042
1
Jefferson National Life Annuity Account G published this content on March 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 27, 2026 at 13:23 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]