Form 497VPI Jefferson National Life
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E-mailSupplement dated January
15, 2025
to the following initial summary prospectus(es):
to the following initial summary prospectus(es):
Monument Advisor, Monument Advisor NY, Monument Advisor Select and Monument Advisor
Select NY dated May 1, 2024
| This supplement updates certain information contained in your initial summary prospectus. Please read and
retain this supplement for future reference. |
1.
Effective April 1, 2025, the following Investment Portfolio is no longer available to receive
transfers or new purchase payments.
•
Northern Lights Variable Trust – BTS Tactical Fixed Income VIT Fund: Class
2
2.
The Board of Trustees
of Northern Lights Variable Trust approved to liquidate the Northern Lights Variable Trust – BTS Tactical Fixed Income VIT Fund: Class 2 (the "Liquidating Investment
Portfolio"). The liquidation is expected to occur on or about April 1, 2025 (the "Liquidation Date").
In anticipation of the liquidation, the following changes apply to the
contract:
•
From the date of this supplement until the Liquidation Date, investors with allocations in the Liquidating Investment
Portfolio may transfer allocations to any other available investment option. During this period, any transfers from the Liquidating Investment Portfolio will not be treated as a
transfer for purposes of transfer limitations that would otherwise be applicable.
•
On the Liquidation Date, any remaining assets in the Liquidating Investment Portfolio will be
transferred to the Nationwide Variable Insurance Trust – NVIT Government Money Market Fund: Class Y.
•
After the Liquidation Date, any and all references to the Liquidating Investment Portfolio are deleted.
ISP-0834
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