Variable Annuity Account

05/01/2026 | Press release | Distributed by Public on 05/01/2026 10:03

Prospectus by Investment Company (Form 497)

Variable Annuities Issued by Minnesota Life

Supplement dated May 1, 2026 to the last effective prospectus for the following variable annuity:

W&R Advisors Retirement Builder II Variable Annuity

Effective December 1, 2025, the following Macquarie Funds were renamed by replacing "Macquarie" with "Nomura":

Previous Fund Name New Fund Name
Macquarie VIP Asset Strategy Series - Service Class Shares Nomura VIP Asset Strategy Series - Service Class Shares
Macquarie VIP Balanced Series - Service Class Shares Nomura VIP Balanced Series - Service Class Shares
Macquarie VIP Core Equity Series - Service Class Shares Nomura VIP Core Equity Series - Service Class Shares
Macquarie VIP Corporate Bond Series - Service Class Shares Nomura VIP Corporate Bond Series - Service Class Shares
Macquarie VIP Global Growth Series - Service Class Shares Nomura VIP Global Growth Series - Service Class Shares
Macquarie VIP Growth Series - Service Class Shares Nomura VIP Growth Series - Service Class Shares
Macquarie VIP High Income Series - Service Class Shares Nomura VIP High Income Series - Service Class Shares
Macquarie VIP International Core Equity Series - Service Class Shares Nomura VIP International Core Equity Series - Service Class Shares
Macquarie VIP Limited-Term Bond Series - Service Class Shares Nomura VIP Limited-Term Bond Series - Service Class Shares
Macquarie VIP Mid Cap Growth Series - Service Class Shares Nomura VIP Mid Cap Growth Series - Service Class Shares
Macquarie VIP Natural Resources Series - Service Class Shares Nomura VIP Natural Resources Series - Service Class Shares
Macquarie VIP Pathfinder Aggressive Series - Service Class Shares Nomura VIP Pathfinder Aggressive Series - Service Class Shares
Macquarie VIP Pathfinder Conservative Series - Service Class Shares Nomura VIP Pathfinder Conservative Series - Service Class Shares

F111838 05-2026

Macquarie VIP Pathfinder Moderate - Managed Volatility Series - Service Class Shares Nomura VIP Pathfinder Moderate - Managed Volatility Series - Service Class Shares
Macquarie VIP Pathfinder Moderate Series - Service Class Shares Nomura VIP Pathfinder Moderate Series - Service Class Shares
Macquarie VIP Pathfinder Moderately Aggressive Managed Volatility Series - Service Class Shares Nomura VIP Pathfinder Moderately Aggressive Managed Volatility Series - Service Class Shares
Macquarie VIP Pathfinder Moderately Aggressive Series - Service Class Shares Nomura VIP Pathfinder Moderately Aggressive Series - Service Class Shares
Macquarie VIP Pathfinder Moderately Conservative - Managed Volatility Series - Service Class Shares Nomura VIP Pathfinder Moderately Conservative - Managed Volatility Series - Service Class Shares
Macquarie VIP Pathfinder Moderately Conservative Series - Service Class Shares Nomura VIP Pathfinder Moderately Conservative Series - Service Class Shares
Macquarie VIP Science and Technology Series - Service Class Shares Nomura VIP Science and Technology Series - Service Class Shares
Macquarie VIP Small Cap Growth Series - Service Class Shares Nomura VIP Small Cap Growth Series - Service Class Shares
Macquarie VIP Smid Cap Core Series - Service Class Shares Nomura VIP Smid Cap Core Series - Service Class Shares
Macquarie VIP Value Series - Service Class Shares Nomura VIP Value Series - Service Class Shares

The name of the Trust was not changed and currently remains "Ivy Variable Insurance Portfolios".

For additional information on the above funds, please consult the individual fund prospectuses.

Please retain this supplement for future reference

F111838 05-2026

Variable Annuity Account published this content on May 01, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 01, 2026 at 16:03 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]