Premier Variable Annuity Contract
Premier Variable Annuity is a group variable annuity contract for employer-sponsored qualified and non-qualified retirement plans, issued by Principal Life Insurance Company (the "Company"). The Company no longer offers this Contract. This information is only for the use of the current Contract owners.
Variable annuities are long term investments thus are not suitable for everyone; earnings grow tax-deferred; and withdrawals prior to age 59 ½ may result in a 10% penalty tax.
The initial offering of the Premier Variable Annuity Contract was 1992. The separate account that funds the contract was established on January 12, 1970.
The investment results shown represent historical returns based upon the assumption that the Premier Variable Annuity Contract was available for the periods shown. Past performance is no guarantee of future results. Current performance may be lower or higher than the performance data shown. For more performance information, including most recent month-end performance, visit our Web site at www.principal.com and click on "Rates & Values."
Except where noted, investment results include all charges and expenses, excluding any additional charges for riders.
An investment in the Money Market Subaccount is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although the underlying mutual fund invested in by the subaccount seeks to preserve the value of your investment at $1 per share, the subaccount itself does not seek to maintain a stable net asset value. It is possible to lose money investing in this subaccount.
Equity investment options involve greater risk, including heightened volatility, than fixed-income investment options. Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Fixed-income investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.
Before investing in a variable annuity, investors should carefully consider the investment objectives, risks, charges and expenses of the contract and its underlying investment options.
This and other information is contained in the free prospectus and, if available, the summary prospectus which can be obtained online or by calling customer service at (800) 852-4450.
Please read the prospectus and, if available, the summary prospectus carefully before investing.
A separate account's share price and investment return will vary with market conditions, and the principal value of an investment when you sell your shares may be more or less than the original cost.
View investment results: Month-End |Quarterly
Not all investment advisors or variable subaccounts listed are available in every state.
Not FDIC Insured
* Unannualized rate of return (change in value) since the start of the year.
Returns shown for periods of less than one year are not annualized.