07/11/2025 | Press release | Distributed by Public on 07/11/2025 10:51
Supplement dated July 11, 2025
to the Updating Summary Prospectuses and Prospectuses dated May 1, 2025 for:
Principal® Investment Plus Variable Annuity (For Applications Signed Before August 1, 2013)
Principal® Investment Plus Variable Annuity (For Applications Signed On or After August 1, 2013)
Issued by Principal Life Insurance Company through its Principal Life Insurance Company
Separate Account B
This supplement updates information contained in the Updating Summary Prospectuses and Prospectuses referenced above. Please retain this supplement for future reference.
APPENDIX A: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT
The following changes are made to the list of Underlying Mutual Funds available under the Contract contained in the above-referenced appendix.
Effective July 28, 2025, the existing row for Neuberger Berman AMT Sustainable Equity - I Class Shares is replaced with the new row below to reflect a fund name change:
Type |
Portfolio |
Current Expenses |
Average Annual Total Returns (as of 12/31/24) |
||
Advisor/Sub-advisor | (Net) | 1 year | 5 year | 10 year | |
Large Blend |
Neuberger Berman AMT Quality Equity Portfolio - I Class Shares Neuberger Berman Investment Advisers, LLC |
0.89% | 25.84% | 13.97% | 11.44% |
Classification: Company Confidential