Form 497VPU Principal Life Insurance

 

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 

 

 

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