Form 497VPI JEFFERSON NATIONAL LIFE
Supplement dated January
15, 2025
to the following initial summary prospectus(es):
to the following initial summary prospectus(es):
Monument Advisor prospectus dated May 1, 2024
| This supplement updates certain information contained in your initial summary prospectus. Please read and
retain this supplement for future reference. |
The Board of Trustees of AIM Variable Insurance Funds (Invesco
Insurance Funds) approved to liquidate the following Invesco V.I. Nasdaq 100 Buffer Funds (the "Liquidating Investment Portfolios"):
•
Invesco V.I. Nasdaq 100 Buffer Fund – September: Series II Shares
•
Invesco V.I. Nasdaq 100 Buffer Fund – December: Series II Shares
•
Invesco V.I. Nasdaq 100 Buffer Fund – March: Series II Shares
•
Invesco V.I. Nasdaq 100 Buffer Fund – June: Series II Shares
The liquidation is expected to occur on or about April 30, 2025 (the "Liquidation
Date").
In anticipation of the liquidation, the following changes apply
to the contract:
•
Effective on or about April 16, 2025, the Liquidating Investment Portfolios are no longer available to receive transfers or
new purchase payments.
•
From the date of this supplement until the Liquidation Date, investors with allocations the
Liquidating Investment Portfolios may transfer allocations to any other available investment option. During this period, any transfers from the Liquidating Investment Portfolios will not be treated as a transfer for purposes of transfer limitations that would
otherwise be applicable.
•
On the Liquidation Date, any remaining assets of the Liquidating Investment Portfolios will be
transferred to Nationwide Variable Insurance Trust - NVIT Government Money Market Fund: Class Y.
•
After the Liquidation Date, any and all references to the Liquidating Investment Portfolios
are deleted.
ISP-0839
1
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