Prospectus by Investment Company (Form 497)

Variable Annuities Issued by Minnesota Life

Supplement dated May 1, 2026 to the following last effective prospectus for the following variable annuities:

Effective May 1, 2026, the following funds are added as available investment options:

Effective May 1, 2026, the name of Templeton Developing Markets VIP Fund, a series of Franklin Templeton Variable Insurance Products Trust (the "Trust"), is expected to be changed to "Templeton Emerging Markets VIP Fund", subject to approval by the board of trustees of the Trust.

Effective December 1, 2025, the name of the following Macquarie Funds were renamed by replacing "Macquarie" with "Nomura":

Note: The name of the Trust was not changed, and currently remains "Ivy Variable Insurance Portfolios".

On December 22, 2025, Janus Henderson Group plc ("Janus Henderson"), the parent company of the Portfolios' investment adviser, Trian Fund Management, L.P. and its affiliated funds ("Trian"), and General Catalyst Group Management, LLC and its affiliated funds ("General Catalyst") announced that they have entered into a definitive agreement under which Janus Henderson will be acquired by Trian and General Catalyst (the "Transaction"). The Transaction is expected to close in 2026, subject to customary closing conditions, including requisite regulatory approvals, client consents, and approval by Janus Henderson's shareholders.

Effective May 1, 2026, The SFT Macquarie Growth Fund and the SFT Macquarie Small Cap Growth Fund changed its name to the SFT Nomura Growth Fund and SFT Nomura Small Cap Growth Fund. All references to the SFT Macquarie Growth Fund and SFT Macquarie Small Cap Growth Fund are hereby replaced with SFT Nomura Growth Fund and SFT Nomura Small Cap Growth Fund, respectively.

Retain this supplement for future reference.