Form 497VPI Equitable America Variab

Equitable Financial Life Insurance Company of America

Equitable Financial Life Insurance Company

Supplement dated July 23, 2025 to the Structured Capital Strategies^® PLUS and Structured Capital Strategies^® PLUS Guard^SM Prospectus, Initial Summary Prospectus, and Updating Summary Prospectus dated May 1, 2025

This Supplement modifies certain information in the most recent prospectus, initial summary prospectus and updating summary prospectus (collectively, the “Prospectus”). You should read this Supplement in conjunction with your Prospectus and retain it for future reference. The terms we use in this Supplement have the same meaning as in the Prospectus. We will send you another copy of any Prospectus or supplement without charge upon request. Please contact the customer service center at 877-522-5035.

The following hereby replaces the corresponding paragraph on the cover page of the initial summary prospectus where applicable:

We reserve the right to stop accepting any application or contributions from you at any time, including after you purchase the contract. We reserve the right to discontinue the acceptance of, and/or place additional limitations on, contributions into certain investment options, including any or all of the Segments of the SIO. If we exercise this right, your ability to invest in your contract increase your account value and, consequently, increase your death benefit, will be limited to investing in the EQ/Balanced Strategy or EQ/Money Market.

The following hereby replaces the corresponding paragraph in “Important Information You Should Consider About the Contract - Restrictions” where applicable:

We can refuse to accept any application or contribution from you at any time, including after you purchase the contract. We reserve the right to discontinue the acceptance of, and/or place additional limitations on, contributions into certain investment options, including any or all of the Segments comprising the SIO. If we exercise this right, your ability to invest in your contract, increase your account value and, consequently, increase your death benefit, will be limited.

The following hereby replaces the corresponding paragraphs in “Principal risks of investing in the contract – Withdrawals and Surrenders” where applicable: