Form 497VPI JEFFERSON NATIONAL LIFE

March 2, 2026 9:23 AM EST
Supplement dated March 2, 2026
to the following initial summary prospectus(es):
Monument Advisor and Monument Advisor Select dated May 1, 2025
Monument Advisor New York and Monument Advisor Select New York dated July 1, 2025
This supplement updates certain information contained in your initial summary prospectus. Please read and
retain this supplement for future reference.
The supplement dated October 10, 2025 contained incorrect fee and return information for the NVIT International Equity Fund.
Accordingly, the following changes apply to the prospectus:
Type
Underlying Mutual Fund and Adviser/
Subadviser
Current
Expenses
Low Cost
Fund Platform
Fee
Current
Expenses +
Low Cost
Fund Platform
Fee
Average Annual
Total Returns
(as of 12/31/2024)
1
year
5
year
10
year
Equity
Nationwide Variable Insurance Trust – NVIT
International Equity Fund: Class II
This underlying mutual fund is no longer available to
receive transfers or new purchase payments effective
October 24, 2025
Investment Advisor: Nationwide Fund Advisors
Sub-Advisor: Lazard Asset Management LLC
1.23%*
0.00%
1.23%
11.01%
6.92%
5.77%
*
This underlying mutual fund’s current expenses reflect a temporary fee reduction.
ISP-1043
1



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