Talcott Resolution Life & Annuity Insurance Separate Account Seven Co

04/25/2024 | Press release | Distributed by Public on 04/25/2024 11:41

Updating Summary Prospectus - Form 497VPU

Document

Table of Contents
LEADERS EDGE SERIES II-III VARIABLE ANNUITY
TALCOTT RESOLUTION LIFE AND ANNUITY INSURANCE COMPANY

Updating Summary Prospectus for Existing Investors
April 29, 2024

This updating summary prospectus provides updated information about Leaders Edge Series II-III, an individual deferred flexible premium variable annuity contract. The contract is issued by us, Talcott Resolution Life and Annuity Insurance Company ("Talcott Resolution").
The prospectus for the contract contains more information about the contract including its features, benefits and risks. You can find the current prospectus and other information about the contract online at:
Contract Version Website Address
Leaders Edge Series II/IIR https://vpx.broadridge.com/GetContract1.asp?clientid=talcottvpx&fundid=NRVA02812
Leaders Edge Series III https://vpx.broadridge.com/GetContract1.asp?clientid=talcottvpx&fundid=NRVA03814
You can also obtain this information at no cost by calling 1-800-862-6668 or by sending an email request as instructed below.
Additional information about certain investment products, including variable annuities, has been prepared by the staff of the Securities and Exchange Commission (SEC) and is available at Investor.gov.
For additional information, please contact your investment professional or contact us by:
a.Mailing: Talcott Resolution
PO Box 14293
Lexington, KY 40512-4293
a.Calling: 1-800-862-6668
b.Emailing: [email protected]
c.Visiting: www.talcottresolution.com
The Securities and Exchange Commission ("SEC") has not approved or disapproved of this security or passed upon the accuracy or adequacy of this summary prospectus. Any representation to the contrary is a criminal offense.



Table of Contents
Table of Contents
Page
Special Terms
3
Updated Information About Your Contract
3
Key Information Table
3
Appendix A Funds Available Under the Contract
APP A-1
Appendix A.1 Funds by Product
APP A.1-1
2

Table of Contents
Special Terms Used in this Summary Prospectus
Contract Value The total value of your investments in the Sub-Accounts (and the Fixed Accumulation Feature, if applicable).
Fixed Accumulation Feature or FAF A fixed account option that guarantees principal and a rate of interest. Effective October 4, 2013, we no longer accept new allocations or premium payments to the Fixed Accumulation Feature except for contracts issued in Massachusetts.
Payment Base The amount used to determine benefit payments under certain optional benefits under the contract.
Sub-Account A fund option under the contract. There is a Sub-Account that corresponds to each fund that is available under the contract.


Updated Information About Your Contract
The following is a summary of certain contract features that have changed since May 1, 2023, This does not reflect all of the changes that have occurred since you entered into your contract.

Summary of recent contract changes:
Changes for all Contracts:

•Effective on or about September 1, 2023, Talcott Resolution's corporate office address will be 1 American Row, Hartford, CT 06103. This does not change our Administrative Office mailing address.
Key Information Table
Important Information You Should Consider About the Contract
FEES AND EXPENSES Location in Prospectus
Charges for Early Withdrawals None.
Transaction Charges
A Sales Load of up to 5.5% applies to all Premium Payments. Other than Sales Loads on Premium Payments, there are no charges for other contract transactions (e.g., transferring money between investment options).
4. Fee Table

7. The Contract - c. Charges and Fees - Sales Charges
Ongoing Fees and Expenses (annual charges)
The table below describes the current fees and expenses of the contract that you may pay each year, depending on the options you choose. Please refer to your contract specifications page for information about the specific fees you will pay each year based on the options you have elected. Fees and expenses do not reflect any advisory fees paid to financial intermediaries from Contract Value or other assets of the Contract Owner, and that if such charges were reflected, the fees and expenses would be higher.
4. Fee Table

7. The Contract - c. Charges and Fees

Appendix A - Funds Available Under the Contract
Annual Fee Minimum Maximum
Base Contract 0.96%¹ 0.96%¹
Investment Options
(fund fees and expenses)
0.36%² 1.18%²
Optional benefits available for an additional charge
(for a single optional benefit, if elected)
0.20%3
1.50%4
1 As a percentage of average daily Sub-Account Values.
2 As a percentage of fund net assets.
3 As a percentage of average daily Contract Value or Payment Base depending on the
optional benefit selected.
4 As a percentage of Payment Base.
3

Table of Contents
Because your contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the contract.
Lowest Annual Cost: $1,501 Highest Annual Cost: $3,983
Assumes: Assumes:
•Investment of $100,000
•Investment of $100,000
•5% annual appreciation
•5% annual appreciation
•Least expensive fund fees and expenses
•Most expensive combination of optional benefits and fund fees and expenses
•No sales charges or advisory fees
•No sales charges or advisory fees
•No additional premium payments, transfers or withdrawals
•No additional premium payments, transfers or withdrawals
•No optional benefits
RISKS Location in Prospectus
Risk of Loss You can lose money by investing in this contract, including loss of principal. 5. Principal Risks of Investing in the Contract
Not a Short-Term Investment
•This contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash.
•It may take several years to realize gains, if any, that offset the sale charges applicable to your Premium Payments.
•Withdrawals may also reduce or terminate contract guarantees.
•The benefits of tax deferral, long-term income, and living benefit guarantees are generally more beneficial to investors with a long-time horizon.
•A 10% penalty tax may be applied to withdrawals before age 59½.
Risks Associated with Investment Options
•An investment in this contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options available under the contract (e.g., the Funds).
•Each investment option (including the FAF, if available) has its own unique risks.
•You should review the investment options before making an investment decision.
Insurance Company Risks An investment in the contract is subject to the risks related to us. Any obligations (including under the FAF), guarantees or benefits of the contract are subject to our claims-paying ability. If we experience financial distress, we may not be able to meet our obligations to you. More information about Talcott Resolution, including our financial strength ratings, is available upon request by visiting the "About Us" tab at www.talcottresolution.com or by calling 1-800-862-6668.
RESTRICTIONS Location in Prospectus
Investments
•Certain investment options may not be available under your contract.
•You are allowed to make 1 transfer between the fund options per day. You are allowed to make 20 transfers between the fund options per year before we require you to submit additional transfer requests by mail. Your transfer between the fund options are subject to policies designed to deter excessively frequent transfers and market timing. These transfer restrictions do not apply to transfers under the contract's automatic transfer programs.
•There are restrictions on the maximum amount that may be transferred annually from the FAF to the fund options. If the FAF is available for investment, you must wait 6 months after your most recent transfer from the FAF before making a subsequent transfer into the FAF. These transfer restrictions may apply to the contract's automatic income programs.
•We reserve the right to remove or substitute funds as investment options.
6. General Information

7. The Contract - a. Purchases and Contract Value

Appendix A - Funds Available under the Contract

Appendix A.1 - Funds Available by Contract
4

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Optional Benefits
•Optional benefits may further limit or restrict the investment options that you may select under the contract. We may change these restrictions in the future.
•Withdrawals may reduce the value of an optional benefit by an amount greater than the value withdrawn or result in termination of the benefit.
•If you receive services for your Contract from a third-party financial intermediary who charges an advisory fee for their services, withdrawals to pay advisory fees will also reduce death benefits and other guaranteed benefits under the Contract and may be subject to federal and state income taxes and a 10% federal penalty tax.
7.a. Purchases and Contract Value - Deduction of Advisory Fee

7.c. Charges and Fees

9. Death Benefits

10. Optional Withdrawal Benefits

12. Federal Tax Considerations

Appendix A - Funds Available under the Contract

Appendices B-C
TAXES Location in Prospectus
Tax Implications
•Consult with a tax professional to determine the tax implications of an investment in and payments received under the contract.
•If you purchased the contract through a tax-qualified plan or IRA, you do not get any additional tax benefit under the contract.
•Earnings on your contract are taxed at ordinary income rates when you withdraw them and you may have to pay a penalty if you take a withdrawal before age 59-1/2.
12. Federal Tax Considerations/Important Information Regarding Tax-Qualified Plans
CONFLICTS OF INTEREST Location in Prospectus
Investment Professional Compensation
Your investment professional may receive compensation for selling this contract to you, in the form of commissions, additional payments, and non-cash compensation. We may share the revenue we earn on this contract with your investment professional's firm. This conflict of interest may influence your investment professional to recommend this contract over another investment for which the investment professional is not compensated or compensated less.
11. Miscellaneous - (e) How Contracts Were Sold
Exchanges Some investment professionals may have a financial incentive to offer you a new contract in place of the one you already own. You should only exchange a contract you already own if you determine, after comparing the features, fees and risks of both contracts, that it is better for you to purchase the new contract rather than continue to own your existing contract. 7. a. Purchases and Contract Value - Replacement of Annuities

5

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Appendix A - Funds Available Under the Contract
The following is a list of Funds available under the Contract. More information about the Funds is available in the prospectuses for the Funds, which may be amended from time to time and can be found online at:
Contract Version Website Address
Leaders Edge Series II/IIR https://vpx.broadridge.com/GetContract1.asp?clientid=talcottvpx&fundid=NRVA02812
Leaders Edge Series III https://vpx.broadridge.com/GetContract1.asp?clientid=talcottvpx&fundid=NRVA03814
You can also request this information at no cost by calling 1-800-862-6668 or by sending an email request to [email protected].
The current expenses and performance information below reflects fee and expenses of the Funds, but do not reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Fund's past performance is not necessarily an indication of future performance.
See "Optional Benefit Investment Restrictions" following this table for information on investment restrictions.

Type Fund and Adviser/Subadviser Current
Expenses
Average Annual Total Returns
(as of 12/31/23)
1 Year 5 Year 10 Year
Allocation American Funds Asset Allocation Fund - Class 2
Adviser: Capital Research and Management Company
0.55% 14.27% 9.20% 7.25%
Fixed Income American Funds Capital World Bond Fund - Class 2
Adviser: Capital Research and Management Company
0.73% 6.14% (0.33)% 0.36%
International Equity American Funds Capital World Growth and Income Fund - Class 2
Adviser: Capital Research and Management Company
0.66%* 20.88% 10.34% 7.62%
International Equity American Funds Global Growth Fund - Class 2
Adviser: Capital Research and Management Company
0.66%* 22.60% 13.65% 9.58%
International Equity American Funds Global Small Capitalization Fund - Class 2
Adviser: Capital Research and Management Company
0.91%* 16.17% 8.31% 5.78%
U.S. Equity American Funds Growth Fund - Class 2
Adviser: Capital Research and Management Company
0.59% 38.48% 18.67% 14.35%
U.S. Equity American Funds Growth-Income Fund - Class 2
Adviser: Capital Research and Management Company
0.53% 26.14% 13.36% 10.91%
International Equity American Funds International Fund - Class 2
Adviser: Capital Research and Management Company
0.78% 15.84% 4.83% 3.41%
International Equity American Funds New World Fund - Class 2
Adviser: Capital Research and Management Company
0.82%* 16.00% 8.64% 4.69%
Fixed Income American Funds The Bond Fund of America - Class 2
Adviser: Capital Research and Management Company
0.48%* 5.02% 1.89% 2.08%
U.S. Equity American Funds Washington Mutual Investors Fund - Class 2
Adviser: Capital Research and Management Company
0.52%* 17.29% 12.60% 9.91%
U.S. Equity Franklin DynaTech VIP Fund - Class 2
Adviser: Franklin Advisers, Inc.
0.96%* 43.77% 13.76% 10.37%
Allocation Franklin Income VIP Fund - Class 2
Adviser: Franklin Advisers, Inc.
Subadviser: Templeton Investment Counsel, LLC
0.71% 8.62% 6.98% 5.01%
U.S. Equity Franklin Large Cap Growth VIP Fund - Class 2
Adviser: Franklin Advisers, Inc.
1.10% 40.44% 14.87% 11.41%
International Equity Franklin Mutual Global Discovery VIP Fund - Class 2
Adviser: Franklin Mutual Advisers, LLC
Subadviser: Franklin Templeton Investment Management Limited
1.18% 20.31% 10.16% 5.98%
Allocation Franklin Mutual Shares VIP Fund - Class 2
Adviser: Franklin Mutual Advisers, LLC
0.94% 13.46% 7.82% 5.43%
U.S. Equity Franklin Rising Dividends VIP Fund - Class 2
Adviser: Franklin Advisory Services, LLC
0.90%* 12.08% 13.75% 10.23%
U.S. Equity Franklin Small Cap Value VIP Fund - Class 2
Adviser: Franklin Advisory Services, LLC
0.91%* 12.75% 11.06% 7.04%
APP A-1

Table of Contents
Type Fund and Adviser/Subadviser Current
Expenses
Average Annual Total Returns
(as of 12/31/23)
1 Year 5 Year 10 Year
U.S. Equity Franklin Small-Mid Cap Growth VIP Fund - Class 2
Adviser: Franklin Advisers, Inc.
1.09%* 26.74% 13.51% 8.96%
Fixed Income Franklin Strategic Income VIP Fund - Class 1
Adviser: Franklin Advisers, Inc.
0.81%* 8.37% 2.23% 2.02%
Fixed Income Hartford Ultrashort Bond HLS Fund - Class IA
Adviser: Hartford Funds Management Company, LLC
Subadviser: Wellington Management Company LLP
0.44% 5.18% 1.80% 1.27%
U.S. Equity Invesco V.I. American Franchise Fund - Series I
Adviser: Invesco Advisers, Inc.
0.86% 40.93% 16.16% 11.70%
U.S. Equity Invesco V.I. American Value Fund - Series I
Adviser: Invesco Advisers, Inc.
0.89% 15.60% 12.74% 7.26%
U.S. Equity Invesco V.I. Core Equity Fund - Series I
Adviser: Invesco Advisers, Inc.
0.80% 23.36% 12.95% 7.79%
U.S. Equity Invesco V.I. Discovery Mid Cap Growth Fund - Series I
Adviser: Invesco Advisers, Inc.
0.87% 13.15% 12.77% 9.79%
International Equity Invesco V.I. EQV International Equity Fund - Series I
Adviser: Invesco Advisers, Inc.
0.90% 18.15% 8.42% 4.33%
Money Market Invesco V.I. Government Money Market Fund - Series I**
Adviser: Invesco Advisers, Inc.
0.36% 4.86% 1.69% 1.06%
Fixed Income Invesco V.I. Government Securities Fund - Series I
Adviser: Invesco Advisers, Inc.
0.69% 4.62% 0.67% 1.15%
U.S. Equity Invesco V.I. Main Street Mid Cap Fund - Series I
Adviser: Invesco Advisers, Inc.
0.94% 14.47% 10.61% 6.73%
U.S. Equity Invesco V.I. Small Cap Equity Fund - Series I
Adviser: Invesco Advisers, Inc.
0.95% 16.57% 12.44% 6.55%
U.S. Equity MFS® Core Equity Portfolio - Initial Class
Adviser: Massachusetts Financial Services Company
0.81%* 23.14% 15.08% 11.61%
International Equity MFS® Global Equity Series - Initial Class
Adviser: Massachusetts Financial Services Company
0.92%* 14.18% 10.25% 7.20%
U.S. Equity MFS® Growth Series - Initial Class
Adviser: Massachusetts Financial Services Company
0.73%* 35.86% 15.89% 12.97%
Fixed Income MFS® High Yield Portfolio - Initial Class
Adviser: Massachusetts Financial Services Company
0.72%* 12.41% 4.66% 3.82%
U.S. Equity MFS® Investors Trust Series - Initial Class
Adviser: Massachusetts Financial Services Company
0.78%* 18.98% 13.55% 10.27%
U.S. Equity MFS® Massachusetts Investors Growth Stock Portfolio - Initial Class
Adviser: Massachusetts Financial Services Company
0.73%* 24.01% 16.68% 12.71%
U.S. Equity MFS® Mid Cap Growth Series - Initial Class
Adviser: Massachusetts Financial Services Company
0.80%* 21.32% 13.31% 11.12%
U.S. Equity MFS® New Discovery Series - Initial Class
Adviser: Massachusetts Financial Services Company
0.87%* 14.41% 11.08% 7.67%
International Equity MFS® Research International Portfolio - Initial Class
Adviser: Massachusetts Financial Services Company
0.89%* 13.01% 8.49% 4.15%
U.S. Equity MFS® Research Series - Initial Class
Adviser: Massachusetts Financial Services Company
0.79%* 22.42% 14.41% 10.82%
Fixed Income MFS® Total Return Bond Series - Initial Class
Adviser: Massachusetts Financial Services Company
0.53%* 7.38% 1.85% 2.22%
Allocation MFS® Total Return Series - Initial Class
Adviser: Massachusetts Financial Services Company
0.61%* 10.44% 8.54% 6.53%
U.S. Equity MFS® Value Series - Initial Class
Adviser: Massachusetts Financial Services Company
0.69%* 7.93% 11.34% 8.52%
International Equity Templeton Developing Markets VIP Fund - Class 1
Adviser: Templeton Asset Management Ltd.
1.12%* 12.77% 4.45% 2.58%
International Equity Templeton Foreign VIP Fund - Class 2
Adviser: Templeton Investment Counsel, LLC
1.09%* 20.76% 5.27% 1.28%
International Equity Templeton Growth VIP Fund - Class 2
Adviser: Templeton Global Advisors Limited
1.12%* 21.01% 6.47% 3.24%
APP A-2

Table of Contents
* Annual expenses reflect a contractual fee reduction under an expense reimbursement or fee waiver arrangement.
** In a low interest rate environment, yields for money market funds, after deduction of Contract charges, may be negative even though the fund's yield, before deducting for such charges, is positive. If you allocate a portion of your Contact value to a money market Sub-Account or participate in an Asset Allocation Program where Contact value is allocated to a money market Sub-Account, that portion of the value of your Contract value may decrease in value.



Asset Allocation Models
This section provides information about the asset allocation models (or Portfolio Planner Models) that may be available for participation under the contract. Models may not be available to you. You may be required to participate in a certain model depending on the optional benefits you have chosen. See "Optional Benefit Investment Restrictions" below.
You may participate in only one asset allocation model at a time. Your investments related to an asset allocation model will be rebalanced quarterly. For additional information, see "Static Asset Allocation Models" in the prospectus.

Models Available For The Following Contracts:

Leaders Edge 2/2R
Leaders Edge 3

The Portfolio Planner Models
The following model(s) (introduced as of May 2, 2022) are available for the Contract(s) listed above.
The percentage allocations below apply to value in the Sub-Accounts.

Fund 2022
Series 107
2022
Series 207
2022
Series 307
2022
Series 407
2022
Series 507
American Funds Growth Fund 5% 6% 8% 10% 11%
American Funds International Fund 9% 12% 15% 18% 21%
American Funds The Bond Fund of America 55% 48% 40% 32% 24%
Franklin Small Cap Value VIP Fund 2% 2% 3% 3% 4%
Invesco V.I. American Value Fund 1% 2% 2% 3% 3%
Invesco V.I. Discovery Mid Cap Growth Fund 2% 2% 3% 3% 4%
Invesco V.I. Government Securities Fund 5% 4% 3% 3% 2%
MFS High Yield Portfolio 10% 8% 7% 5% 4%
MFS Investors Trust Series 5% 7% 9% 10% 12%
MFS New Discovery Series 1% 2% 2% 3% 3%
MFS Value Series 5% 7% 8% 10% 12%
Total 100% 100% 100% 100% 100%

APP A-3

Table of Contents
Optional Benefit Investment Restrictions

(Percentage allocations apply to value in the Sub-Accounts)

A. Investment Restrictions For
Lifetime Income Builder Lifetime Income Builder II
Lifetime Income Builder Selects Lifetime Income Foundation

Applicable To The Following Product
Leaders Edge 3

(If applicable to your contract (see the "State Variations" provisions in the "Miscellaneous" section))

You must allocate your Sub-Account Value in accordance with the following investment restrictions on and after to October 4, 2013:
(1) SELF SELECT
Category 1: Fixed Income Rule: Minimum 40% of allocation Maximum of 100% of allocation*
Category 2: Acceptable Investment Options (Equity or Multi-Asset) Rule: Maximum 60% of allocation, maximum 20% in any one fund
Category 3: Limited Investment Options (Equity, Multi-Asset, or Bond) Rule: Maximum 20% of allocation, maximum of 10% in any one fund

Category 1: Fixed Income Rule: Minimum 40% of allocation Maximum of 100% of allocation*
American Funds The Bond Fund of America
Invesco V.I. Government Securities Fund
Hartford Ultrashort Bond HLS Fund
MFS Total Return Bond Series
Invesco V.I. Government Money Market Fund

*If you have 100% allocation to the FAF on and after October 4, 2013 you will comply with these investment restrictions for as long as your allocation remains at 100% to the FAF. Please remember that effective October 4 2013, the FAF was closed to new allocations or Premium Payments (with limited state exclusions). Therefore, if you move any money out of the FAF and into the Sub-Accounts you will not be able to move it back into the FAF AND your Sub-Account allocations must comply with these investment restrictions in order to prevent the termination of your living benefit rider.

Category 2: Acceptable Investment Options (Equity or Multi-Asset) Rule: Maximum 60% of allocation, maximum 20% in any one fund
American Funds Asset Allocation Fund
Invesco V.I. American Value Fund
American Funds Capital World Growth and Income Fund
Invesco V.I. Core Equity Fund
American Funds Global Growth Fund
Invesco V.I. EQV International Equity Fund
American Funds Growth Fund
MFS Global Equity Series
American Funds Growth-Income Fund
MFS Growth Series
American Funds Washington Mutual Investors Fund
MFS Investors Trust Series
Franklin DynaTech VIP Fund
MFS Massachusetts Investors Growth Stock Portfolio
Franklin Income VIP Fund
MFS Research International Portfolio
Franklin Large Cap Growth VIP Fund
MFS Research Series
Franklin Mutual Global Discovery VIP Fund
MFS Total Return Series
Franklin Mutual Shares VIP Fund
MFS Value Series
Franklin Rising Dividends VIP Fund
Templeton Foreign VIP Fund
Invesco V.I. American Franchise Fund


APP A-4

Table of Contents
Category 3: Limited Investment Options (Equity, Multi-Asset, or Bond) Rule: Maximum 20% of allocation, maximum of 10% in any one fund
American Funds Capital World Bond Fund
Invesco V.I. Main Street Mid Cap Fund
American Funds Global Small Capitalization Fund
Invesco V.I. Small Cap Equity Fund
American Funds International Fund
MFS High Yield Portfolio
American Funds New World Fund
MFS Mid Cap Growth Series
Franklin Small Cap Value VIP Fund
MFS New Discovery Series
Franklin Small-Mid Cap Growth VIP Fund
Templeton Developing Markets VIP Fund
Franklin Strategic Income VIP Fund
Templeton Growth VIP Fund
Invesco V.I. Discovery Mid Cap Growth Fund


(2) ASSET ALLOCATIONS MODELS

As of May 2, 2022, the following models are available:

Fund 2022
Series 107
2022
Series 207
2022
Series 307
2022
Series 407
American Funds Growth Fund 5% 6% 8% 10%
American Funds International Fund 9% 12% 15% 18%
American Funds The Bond Fund of America 55% 48% 40% 32%
Franklin Small Cap Value VIP Fund 2% 2% 3% 3%
Invesco V.I. American Value Fund 1% 2% 2% 3%
Invesco V.I. Discovery Mid Cap Growth Fund 2% 2% 3% 3%
Invesco V.I. Government Securities Fund 5% 4% 3% 3%
MFS High Yield Portfolio 10% 8% 7% 5%
MFS Investors Trust Series 5% 7% 9% 10%
MFS New Discovery Series 1% 2% 2% 3%
MFS Value Series 5% 7% 8% 10%
Total 100% 100% 100% 100%

APP A-5

Table of Contents
(3) INVESTMENT MODELS

Series 7006
Fund
Franklin Mutual Shares VIP Fund 20 %
Franklin Rising Dividends VIP Fund 20 %
Franklin Small-Mid Cap Growth VIP Fund 10 %
MFS Total Return Bond Series 40 %
Templeton Growth VIP Fund 10 %
Total 100 %

Series 7007
Fund
American Funds Global Small Capitalization Fund 10 %
American Funds Growth Fund 20 %
American Funds Growth-Income Fund 20 %
American Funds International Fund 10 %
American Funds The Bond Fund of America 40 %
Total 100 %

Series 7008
Fund
Franklin Rising Dividends VIP Fund 20 %
Invesco V.I. International Growth Fund 10 %
MFS Growth Series 20 %
MFS Total Return Bond Series 40 %
Templeton Foreign VIP Fund 10 %
Total 100 %


B. Investment Restrictions For

Lifetime Income Builder Portfolios


Applicable To The Following Product

Leaders Edge 3

(If applicable to your contract (see the "State Variations" provisions in the "Miscellaneous" section))

(1) INVESTMENT STRATEGY MODELS

Series 8009
Fund
Franklin Income VIP Fund 34 %
Franklin Mutual Shares VIP Fund 33 %
Templeton Growth VIP Fund 33 %
Total 100 %
APP A-6

Table of Contents

Series 8011
Fund
American Funds Global Small Capitalization Fund 10 %
American Funds Growth Fund 25 %
American Funds Growth-Income Fund 25 %
American Funds International Fund 15 %
American Funds The Bond Fund of America 25 %
Total 100 %


(2) PORTFOLIO PLANNER ASSET ALLOCATION MODELS

Select one of the following investment models:

Fund 2022
Series 107
2022
Series 207
2022
Series 307
2022
Series 407
2022
Series 507
American Funds Growth Fund 5% 6% 8% 10% 11%
American Funds International Fund 9% 12% 15% 18% 21%
American Funds The Bond Fund of America 55% 48% 40% 32% 24%
Franklin Small Cap Value VIP Fund 2% 2% 3% 3% 4%
Invesco V.I. American Value Fund 1% 2% 2% 3% 3%
Invesco V.I. Discovery Mid Cap Growth Fund 2% 2% 3% 3% 4%
Invesco V.I. Government Securities Fund 5% 4% 3% 3% 2%
MFS High Yield Portfolio 10% 8% 7% 5% 4%
MFS Investors Trust Series 5% 7% 9% 10% 12%
MFS New Discovery Series 1% 2% 2% 3% 3%
MFS Value Series 5% 7% 8% 10% 12%
Total 100% 100% 100% 100% 100%


(3) INDIVIDUAL SUB-ACCOUNTS

Allocate 100% to any one of these funds, any combination of these funds, or all of the funds.
Hartford Ultrashort Bond HLS Fund
Invesco V.I. Government Money Market Fund
MFS Total Return Series
APP A-7

Table of Contents
Appendix A.1 Funds by Product
Investment options available to your specific Contract are listed in the following table.
Portfolio Company and Adviser/Subadviser Leaders Edge Series II/IIR (TL/TLA) Leaders Edge Series III (TL/TLA)
American Funds Asset Allocation Fund - Class 2
Adviser: Capital Research and Management Company
X X
American Funds Capital World Bond Fund - Class 2
Adviser: Capital Research and Management Company
X X
American Funds Capital World Growth and Income Fund - Class 2
Adviser: Capital Research and Management Company
X X
American Funds Global Growth Fund - Class 2
Adviser: Capital Research and Management Company
X X
American Funds Global Small Capitalization Fund - Class 2
Adviser: Capital Research and Management Company
X X
American Funds Growth Fund - Class 2
Adviser: Capital Research and Management Company
X X
American Funds Growth-Income Fund - Class 2
Adviser: Capital Research and Management Company
X X
American Funds International Fund - Class 2
Adviser: Capital Research and Management Company
X X
American Funds New World Fund - Class 2
Adviser: Capital Research and Management Company
X X
American Funds The Bond Fund of America - Class 2
Adviser: Capital Research and Management Company
X X
American Funds Washington Mutual Investors Fund - Class 2
Adviser: Capital Research and Management Company
X X
Franklin DynaTech VIP Fund - Class 2
Adviser: Franklin Advisers, Inc.
X X
Franklin Income VIP Fund - Class 2
Adviser: Franklin Advisers, Inc.
Subadviser: Templeton Investment Counsel, LLC
X X
Franklin Large Cap Growth VIP Fund - Class 2
Adviser: Franklin Advisers, Inc.
X X
Franklin Mutual Global Discovery VIP Fund - Class 2
Adviser: Franklin Mutual Advisers, LLC
Subadviser: Franklin Templeton Investment Management Limited
X X
Franklin Mutual Shares VIP Fund - Class 2
Adviser: Franklin Mutual Advisers, LLC
X X
Franklin Rising Dividends VIP Fund - Class 2
Adviser: Franklin Advisory Services, LLC
X X
Franklin Small Cap Value VIP Fund - Class 2
Adviser: Franklin Advisory Services, LLC
X X
Franklin Small-Mid Cap Growth VIP Fund - Class 2
Adviser: Franklin Advisers, Inc.
X X
Franklin Strategic Income VIP Fund - Class 1
Adviser: Franklin Advisers, Inc.
X X
Hartford Ultrashort Bond HLS Fund - Class IA
Adviser: Hartford Funds Management Company, LLC
Subadviser: Wellington Management Company LLP
X X
Invesco V.I. American Franchise Fund - Series I
Adviser: Invesco Advisers, Inc.
X X
Invesco V.I. American Value Fund - Series I
Adviser: Invesco Advisers, Inc.
X X
Invesco V.I. Core Equity Fund - Series I
Adviser: Invesco Advisers, Inc.
X X
Invesco V.I. Discovery Mid Cap Growth Fund - Series I
Adviser: Invesco Advisers, Inc.
X X
APP A.1-1

Table of Contents
Portfolio Company and Adviser/Subadviser Leaders Edge Series II/IIR (TL/TLA) Leaders Edge Series III (TL/TLA)
Invesco V.I. EQV International Equity Fund - Series I
Adviser: Invesco Advisers, Inc.
X X
Invesco V.I. Government Money Market Fund - Series I**
Adviser: Invesco Advisers, Inc.
X X
Invesco V.I. Government Securities Fund - Series I
Adviser: Invesco Advisers, Inc.
X X
Invesco V.I. Main Street Mid Cap Fund - Series I
Adviser: Invesco Advisers, Inc.
X X
Invesco V.I. Small Cap Equity Fund - Series I
Adviser: Invesco Advisers, Inc.
X X
MFS® Core Equity Portfolio - Initial Class
Adviser: Massachusetts Financial Services Company
X
MFS® Global Equity Series - Initial Class
Adviser: Massachusetts Financial Services Company
X X
MFS® Growth Series - Initial Class
Adviser: Massachusetts Financial Services Company
X X
MFS® High Yield Portfolio - Initial Class
Adviser: Massachusetts Financial Services Company
X X
MFS® Investors Trust Series - Initial Class
Adviser: Massachusetts Financial Services Company
X X
MFS® Massachusetts Investors Growth Stock Portfolio - Initial Class
Adviser: Massachusetts Financial Services Company
X X
MFS® Mid Cap Growth Series - Initial Class
Adviser: Massachusetts Financial Services Company
X X
MFS® New Discovery Series - Initial Class
Adviser: Massachusetts Financial Services Company
X X
MFS® Research International Portfolio - Initial Class
Adviser: Massachusetts Financial Services Company
X X
MFS® Research Series - Initial Class
Adviser: Massachusetts Financial Services Company
X X
MFS® Total Return Bond Series - Initial Class
Adviser: Massachusetts Financial Services Company
X X
MFS® Total Return Series - Initial Class
Adviser: Massachusetts Financial Services Company
X X
MFS® Value Series - Initial Class
Adviser: Massachusetts Financial Services Company
X X
Templeton Developing Markets VIP Fund - Class 1
Adviser: Templeton Asset Management Ltd.
X X
Templeton Foreign VIP Fund - Class 2
Adviser: Templeton Investment Counsel, LLC
X X
Templeton Growth VIP Fund - Class 2
Adviser: Templeton Global Advisors Limited
X X
This summary prospectus incorporates by reference theprospectuses and statements of additional information (SAI) shown below for the contract, both dated May 2, 2022, as may be amended or supplemented from time to time. The SAI may be obtained, free of charge, in the same manner as the prospectus.
Leaders Edge Series II/IIR:
Prospectus: https://vpx.broadridge.com/GetContract1.asp?doctype=pros&clientid=talcottvpx&fundid=NRVA02812
SAI: https://vpx.broadridge.com/GetContract1.asp?doctype=sai&clientid=talcottvpx&fundid=NRVA02812
Leaders Edge Series III:
Prospectus: https://vpx.broadridge.com/GetContract1.asp?doctype=pros&clientid=talcottvpx&fundid=NRVA03814
SAI: https://vpx.broadridge.com/GetContract1.asp?doctype=sai&clientid=talcottvpx&fundid=NRVA03814
EDGAR Identifier:C000005966
APP A.1-2