Liquidation: Jefferson National Life of New York Annuity Account 1

Form Type: 497

Filing Date: 2025-01-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525006533

Filing Summary: This supplement provides an update to the statutory prospectus for Monument Advisor NY and Advisor Select NY, stating that effective April 1, 2025, the Northern Lights Variable Trust – BTS Tactical Fixed Income VIT Fund: Class 2 will no longer be available for transfers or new purchases. The Board of Trustees has approved the liquidation of this investment portfolio, with the liquidation expected to occur on or about the same date. Investors may transfer allocations to other available investment options until the liquidation date without facing transfer limitations. Any remaining assets on the liquidation date will be transferred to the Nationwide Variable Insurance Trust – NVIT Government Money Market Fund: Class Y, and references to the liquidating portfolio will be removed thereafter.

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Form Type: 497

Filing Date: 2025-01-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525006734

Filing Summary: This document is a supplement dated January 15, 2025, to the prospectuses of Monument Advisor, Monument Advisor Select, Monument Advisor NY, and Monument Advisor Select NY, first dated May 1, 2024. The supplement announces the liquidation of the Goldman Sachs Variable Insurance Trust - Goldman Sachs Multi-Strategy Alternatives Portfolio: Advisor Shares, referred to as the 'Liquidating Investment Portfolio.' Liquidation is expected on or about April 11, 2025. Effective April 7, 2025, this portfolio will no longer accept transfers or new purchase payments. Investors currently allocated to this portfolio can transfer their allocations to other available investment options without impacting transfer limitations until the liquidation date. On the liquidation date, any residual assets will be transferred to the Nationwide Variable Insurance Trust - NVIT Government Money Market Fund: Class Y. After the liquidation date, all references to the Liquidating Investment Portfolio will be removed from the relevant documentation.

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Form Type: 497VPI

Filing Date: 2025-01-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525006541

Filing Summary: This supplement updates the information in the initial summary prospectus related to the Monument Advisor NY and its associated investment portfolios. It announces the effective liquidation of the Northern Lights Variable Trust – BTS Tactical Fixed Income VIT Fund: Class 2, which will no longer accept transfers or new purchase payments effective April 1, 2025. The Board of Trustees has approved the liquidation, expected to occur around the same date. Until the Liquidation Date, investors can transfer funds from this portfolio to other available options without penalties or limitations typically associated with transfers. On the Liquidation Date, any assets left will be moved to the Nationwide Variable Insurance Trust – NVIT Government Money Market Fund: Class Y, and all references to the Liquidating Investment Portfolio will be removed after this date.

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Form Type: 497VPI

Filing Date: 2025-01-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525006543

Filing Summary: This supplement updates certain information contained in the initial summary prospectus, specifically regarding the Northern Lights Variable Trust – BTS Tactical Fixed Income VIT Fund: Class 2. Effective April 1, 2025, this fund will no longer accept transfers or new purchase payments. The Board of Trustees has approved the liquidation of this fund, with the liquidation expected to occur on or about the same date. Currently, investors can transfer their allocations to other available investment options without it counting against transfer limitations. On the Liquidation Date, remaining assets will be moved to the Nationwide Variable Insurance Trust – NVIT Government Money Market Fund: Class Y. Post-liquidation, all references to the Liquidating Investment Portfolio will be removed from contracts.

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Form Type: 497VPI

Filing Date: 2025-01-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525006780

Filing Summary: This document serves as a supplement to the initial summary prospectus of Monument Advisor and related products dated May 1, 2024. It provides important updates regarding the liquidation of the Goldman Sachs Multi-Strategy Alternatives Portfolio: Advisor Shares, identified as the Liquidating Investment Portfolio, which has been approved by the Board of Trustees of the Goldman Sachs Variable Insurance Trust. The liquidation is anticipated to occur on April 11, 2025. Key details include that effective April 7, 2025, this portfolio will not accept new purchase payments or transfers. Investors currently holding allocations in this portfolio may transfer funds to other available investment options without it counting against transfer limitations until the Liquidation Date. Upon liquidation, any remaining assets will be moved to the NVIT Government Money Market Fund: Class Y. Following the Liquidation Date, references to the Liquidating Investment Portfolio will be removed from all documents.

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Form Type: 497VPI

Filing Date: 2025-01-15

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525006781

Filing Summary: This document serves as a supplement to the initial summary prospectus for Monument Advisor Select NY and related funds, updating investors about the planned liquidation of the Goldman Sachs Variable Insurance Trust - Goldman Sachs Multi-Strategy Alternatives Portfolio: Advisor Shares, referred to as the 'Liquidating Investment Portfolio'. The liquidation is scheduled for April 11, 2025. Effective April 7, 2025, this investment portfolio will no longer accept transfers or new purchase payments. Investors may transfer their allocations to other available options without limitations during the interim period. Upon the Liquidation Date, remaining assets will be transferred to the Nationwide Variable Insurance Trust - NVIT Government Money Market Fund: Class Y, and references to the Liquidating Investment Portfolio will be removed after the liquidation.

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