GROWTH POTENTIAL, GUARANTEED INCOME Zone Income^™ | Client Guide CUNA Mutual Group Zone Income Annuities are issued by MEMBERS LIFE INSURANCE COMPANY, a stock life insurance company Not a deposit • Not guaranteed by any bank or credit union • May lose value Not FDIC insured • Not insured by any federal government agency

Helping take the risk out of retirement.

The retirement landscape: financial markets. For most of us, the retirement landscape looks a lot different than the one our grandparents expected. We’re faced with new risks and new realities. Low rates Interest rates can impact so-called “safe” investments like bonds and CDs, and that may make it difficult to earn a reasonable return. Market volatility We’re part of a growing global investment marketplace that seems wildly unpredictable. 8% 10% 12% 6% 4% 2% 0% Historical CD interest rates 1984–20212 S&P 500 Price Index1 600 900 1,200 1,500 1,800 2,100 2,400 2,700 3,000 3,300 3,600 3,900 4,200 4,500 4,800 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 '19 '20 '21 +106% -49% +101% -57% +401% -34%+113% Dec. 31, 1996 P/E (fwd.) = 15.9x 741 Oct. 9, 2002 P/E (fwd.) = 14.1x 777 Mar. 24, 2000 P/E (fwd.) = 25.2x 1,527 Oct. 9, 2007 P/E (fwd.) = 15.1x 1,565 Mar. 9, 2009 P/E (fwd.) = 10.4x 677 Feb. 19, 2020 P/E (fwd.) = 19.2x 3,386Mar. 23, 2020 P/E (fwd.) = 13.3x 2,237 Dec. 31, 2021 P/E (fwd.) = 21.2x 4,766 Characteristic 3/24/2000 10/9/2007 2/19/2020 12/31/2021 Index Level 1,527 1,565 3,386 4,766 P/E Ratio (fwd.) 25.2x 15.1x 19.2x 21.2x Dividend Yield 1.4% 1.9% 1.9% 1.4% 10-yr. Treasury 6.2% 4.7% 1.6% 1.5% 6-Month CD Yield Over time, the markets go in cycles — sometimes up, sometimes down. There are both day-to-day fluctuations and long-term trends. 1 Compustat, FactSet, Federal Reserve, Refinitiv Datastream, Standard & Poor's, J.P. Morgan Asset Management. Dividend yield is calculated as consensus estimates of dividends for the next 12 months, divided by most recent price, as provided by Compustat. Forward price-to-earnings ratio is a bottom-up calculation based on J.P. Morgan Asset Management estimates. Returns are cumulative and based on S&P 500 Index price movement only, and do not include the reinvestment of dividends. Past performance is not indicative of future returns. Guide to the Markets — U.S. Data are as of January 31, 2021. 2 Bankrate.com, Historical CD interest rates: 1984–2021, February 2022. There are distinct differences between annuities and certificates of deposit or other guaranteed fixed income instruments sold through a credit union or bank. Most certificates are considered short-term investments, while annuities are considered long-term investments. The investment in a certificate is insured by the federal government, either through the FDIC or NCUA. Any guarantees provided by an annuity are backed by an insurance company. 3

The retirement landscape: personal factors. Growth with risk control and access to income are key components to achieving a comfortable, confident retirement. Longevity Most of us are living longer, more active lives, but often without the pension plans of the past. Rising costs Inflation steadily reduces the purchasing power of a retirement nest egg. ZONE INC OME ZONE INC OME ZONE INC OME ZONE INC OME ZONE INC OME ZONE INC OME $0.00 $3.00 $4.00 $5.00 $2.00 $1.00 2013 2022 Average price data (in U.S. dollars), 2013–20223 Longevity requires more health care savings ZONE INC OME 47% 7 in 10 adults turning 65 today in the U.S. will require long-term care during their lives2 Percentage of retirees citing health problems as the reason for retiring earlier than planned1 Gasoline, per gal, unleaded Milk, per gal Ground beef, per lb Electricity, per KWH Eggs, per doz White bread Longevity is one of the biggest risks faced by those planning retirement. How much money do you need, and for how long? The longer you spend in retirement, the harder your money has to work to counter the effects of inflation. 1 2021 Retirement Confidence Survey Summary Report, https://www.ebri.org/docs/default-source/rcs/2021-rcs/2021-rcs-summary-report.pdf, 2021. 2 LongTermCare.gov, longtermcare.acl.gov, “The Basics, How Much Care Will You Need,” October 28, 2020. 3 Source: U.S. Bureau of Labor Statistics.4

A new way to plan for retirement. Traditional investment diversification doesn’t offer protection. Avoiding risk altogether offers no chance for growth, and many growth-oriented investments don’t offer the opportunity for income. But there’s a new way. CUNA Mutual Group Zone Income™ Annuity provides an innovative approach to market-linked risk control combined with income for life. With Zone Income, you can set your downside limit — called a floor — along with a corresponding cap on the upside. Once the floor is set, you can’t lose more than that, no matter what happens in the markets, while still enjoying the potential for attractive market growth. Plus, Zone Income adds powerful protection against living longer than your assets. Zone Income lets you enjoy growth opportunities, without the worry of catastrophic loss. With Zone Income, you’re in control. Zone Income Risk Control Income for Life 5

Set your comfort zone with an income guarantee.Risk Control ZONE Narrow Secure Wide 0% Upside Potential Downside Protection The Zone Income Annuity is an insurance contract that offers index-linked returns, a limit on market losses and lifetime income options. Your investment allocation When you purchase Zone Income, you decide how much of your payment to allocate to the annuity’s allocation options. Three options link performance to a market index and one invests at a declared rate. For allocations linked to an index, you then choose how much to place into two risk control accounts, each with its own range of possible investment performance. Your risk control allocations are not an investment in any underlying fund portfolio. Instead, interest and guarantees are based on your contract with MEMBERS Life Insurance Company and its claims-paying ability. >> The Secure Account has a declared rate cap and a 0% floor. These dollars are safe from market downturns and receive modest growth potential. >> The Growth Account has a higher declared cap and a -10% floor. These dollars can experience limited losses if the market is down, but when it’s up they have more room to grow. In addition to blending your allocation between allocation options, you set a risk/reward zone for each index by allocating between the secure and growth accounts — your upside potential and the level of protection you’re comfortable with on the downside. These upside and downside limits are connected. Greater possible rewards mean greater possible risk. Nerves of steel? Widen your zone. Want to play it safe? Narrow it. The decision is yours. Plus, you can reallocate between allocation options and risk control accounts each year, to adjust as needs change. 6

7 Index-linked performance, with limits on loss. Your annuity receives interest linked to the performance of one or more market indexes or a declared rate account. Dollars allocated to receive a declared rate earn that rate on each contract anniversary. For dollars linked to an index, earnings lock in based on the annual point-to-point change in the index, from one contract anniversary to the next. S&P 500 This equity index tracks changes in market value for 500 large U.S. companies and generally represents the performance of the U.S. stock market as a whole. Russell 2000 This index measures the performance of roughly 2,000 smaller capitalization U.S. companies and provides a barometer of how “small-cap” stocks are performing. MSCI EAFE This international equity index measures the performance of developed markets outside the U.S. and Canada, including those in Europe, Australia and Southeast Asia. Declared Rate This account is credited with an annual declared rate of interest, guaranteed for the duration of the allocation option period.

The power of risk control. Risk control protects the growth potential of your investments. Investment strategies that include risk control can protect you from drastic market dips and provide confidence as you work toward your retirement goals. Index-linked risk control accounts let you set a “comfort zone” based on how much you’re potentially willing to lose. That guaranteed limit on loss can keep you invested in the markets during good times and bad, freeing you from trying to “time” your investment strategy and offering potentially stabler long-term returns. >> If the index goes up, you’re credited the percentage increase, up to each risk control account’s rate cap. >> If the index goes down, value in the Growth Account is reduced by the percentage decrease, but only down to the maximum rate floor of -10%. Value in the Secure Account — because it has a 0% floor — remains the same. If the S&P 500 goes up 18%, and your rate cap is 15%, you will be credited 15%. Rate cap: 15% Zone 0% If the S&P 500 goes down 30%, and your rate floor is -10%, you will only lose 10%. Rate floor: -10% Hypothetical examples are for illustrative purposes only and do not guarantee or predict actual performance. The example above assumes 100% allocation to the Growth Account. You may not invest directly in an index. The S&P 500 Index is a product of S&P Dow Jones Indices LLC (“SPDJI”) and has been licensed for use by CMFG Life Insurance Company (CMFG Life), the parent company of MEMBERS Life Insurance Company (MEMBERS Life). Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”), and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by CMFG Life. This product is not sponsored, endorsed, sold or promoted by SPDJI, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in this product nor do they have any liability for any errors, omissions or interruptions of the S&P 500 Index. The S&P 500 Index does not include dividends paid by the underlying companies. All guarantees are based on the claims-paying ability of the issuing company. 8

9 Using history as a guide. Looking at past market returns can help to understand when floors would have offered protection during downturns while offering growth potential in up markets. Rolling monthly S&P 500 Index returns for January 1, 1985 through January 1, 2022 S&P 500 Price Index 6-Year Returns S&P 500 Price Index 1-Year Returns Losses 21% Losses 15% Gains 79% Gains 85% Number of gains: 276 Number of losses: 73 The bottom line is, floors offer a measure of protection against downturns while still allowing you to participate in the market's upside. The goal isn't to eliminate bumps on the road to retirement, it's to smooth them out, allowing you to get where you want to go with greater confidence. Data derived by MEMBERS Life Insurance Company, 2022. All periods shown are rolling monthly periods. Past performance is not indicative nor does it guarantee future results. This data does not represent the performance of any specific investment.

Lock in the gain, lock out the loss. See how your choice of zone and the performance of an index determine interest credited for a given year. In these two scenarios, rate caps are 5% for the S&P 500 Secure Account and 15% for the S&P 500 Growth Account. A 50/50 allocation means a blended comfort zone with 10% upside potential and -5% downside protection. In scenario A, the index is up 8% for the year. In scenario B, it’s down 8%. Hypothetical values show how it all comes together to help you lock in gains when times are good and lock out losses outside your comfort zone when times are bad. 50% / $50,000 Allocated to Secure Account 50% / $50,000 Allocated to Growth Account Index Interest Your Blended Zone Calculation A Market gain + = S&P 500 Index returns 8% Zone Income purchase payment of $100,000 grows to $106,500 +8% Your Return 5% Your Return 6.5% Your Return 8% Cap 15% Cap 5% Cap 10% -10% Floor 0% Floor -5% Floor 50% / $50,000 Allocated to Secure Account 50% / $50,000 Allocated to Growth Account Index Interest Your Blended Zone Calculation B + = Market loss S&P 500 Index returns -8% Zone Income purchase payment of $100,000 is protected at $96,000 Cap 15%

Cap 5% Cap 10% -10% Floor 0% Floor -5% Floor -4% Your Return 0% Your Return -8% Your Return -8% You may not invest directly in an index. Hypothetical examples do not represent any specific annuity and may not be used to project or predict investment results. Rate caps are declared based on current market conditions and are subject to change. Rate caps vary by index period and can be adjusted annually on contract anniversary, subject to a minimum of 1% and a bailout provision. If the rate cap is set below an account’s bailout rate, you may withdraw value from that account without surrender charge or market value adjustment during the 30 days following anniversary.10

11 Guaranteed income with growth potential. Americans are living longer than ever — good news, but a long life can amplify all the other risks you face in retirement. Longevity requires more savings for expenses like health care and to protect you against inflation. Having a nest egg you can count on is essential both to your financial security and confidence in retirement. Your Zone Income allows you to combine risk-controlled, market-based growth opportunities with lifetime income options you can count on. Your lifetime income is calculated based on a benefit base and a withdrawal rate, both of which have the potential to grow to increase your income. This is referred to as Guaranteed Lifetime Withdrawal Benefit (GLWB), or protected income. The benefit base is initially equal to your purchase payment and will increase to your contract value every anniversary that the contract value is greater than the current benefit base. Additionally, the withdrawal rate increases 0.3% every year you hold your contract before starting income, up to a maximum of 10 years. Your protected income will never decline1 — it only has the potential to increase, even after you’ve started taking income. 1 An excess withdrawal impacts your income benefit base and lifetime income payment amount. Please see Zone Income prospectus for further information about excess withdrawals and how they impact your benefits.

12 ZONE INC OME ZONE INC OME ZONE INC OME12Save today and build income for tomorrow. With Zone Income, getting a head start can result in a larger income stream down the road. The longer you wait to take income, the more time your annuity’s contract value has to grow and the larger your potential annual withdrawal rate will be. Each year, your benefit base may be adjusted based on your contract value. If your contract value has gone up, your benefit base could rise, too. But your benefit base will never decrease1, even if your contract value declines. Plus, your withdrawal rate — which determines your income — receives a deferral bonus of 0.4% each year you wait to take income, up to a maximum of 10 years.So patience pays off, letting you reap the potential long-term benefits of market-driven growth plus an annual deferral bonus.Put time on your side.If elected at age 60, but you waited 10 years before taking payments, your withdrawal % rises from 5.50%to9.50%.73% increase to the Protected PaymentIssue Age2At IssueYr 1Yr 2Yr 3Yr 4Yr 5Yr 6Yr 7Yr 8Yr 9Yr 10 +21–442.50%2.90%3.30%3.70%4.10%4.50%4.90%5.30%5.70%6.10%6.50%453.50%3.90%4.30%4.70%5.10%5.50%5.90%6.30%6.70%7.10%7.50%504.25%4.65%5.05%5.45%5.85%6.25%6.65%7.05%7.45%7.85%8.25%555.00%5.40%5.80%6.20%6.60%7.00%7.40%7.80%8.20%8.60%9.00%585.30%5.70%6.10%6.50%6.90%7.30%7.70%8.10%8.50%8.90%9.30%605.50%5.90%6.30%6.70%7.10%7.50%7.90%8.30%8.70%9.10%9.50%635.95%6.35%6.75%7.15%7.55%7.95%8.35%8.75%9.15%9.55%9.95%656.25%6.65%7.05%7.45%7.85%8.25%8.65%9.05%9.45%9.85%10.25%706.50%6.90%7.30%7.70%8.10%8.50%8.90%9.30%9.70%10.10%10.50%757.00%7.40%7.80%8.20%8.60%9.00%9.40%9.80%10.20%10.60%11.00%80+7.25%7.65%8.05%8.45%8.85%9.25%9.65%10.05%10.45%10.85%11.25%1342Base percentage at purchase (joint life base withdrawal percentage is 0.5% lower)1Withdrawal percentage increases 0.4% each year income is deferred up to a maximum of 10 years 2Five-year wait to take income results in a 2.0% higher withdrawal percentage; this translates to a 36% higher protected payment3Ten-year wait to take income results in a 4.0% higher withdrawal percentage; this translates to a 73% higher protected payment 41An excess withdrawal impacts your income benefit base and income payment amount. Please see Zone Income prospectus for further information about excess withdrawals and howthey impact your benefits.2Initial Withdrawal Rates are established based on the youngest covered person on the issue date.Initial Withdrawal Rates increases 0.15% for each age between ages 45–55 and 60–65 (i.e. for single life, 5.95% is the withdrawal % for age 63).Initial Withdrawal Rates increases 0.10% for each age between ages 55–60 and 70–75 (i.e. for single life, 5.30% is the withdrawal % for age 58).Initial Withdrawal Rates increases 0.05% for each age between ages 65–70 and 75–80 (i.e. for single life, 6.35% is the withdrawal % for age 67).

Confidence through market cycles. Zone Income’s combination of risk-controlled growth and protected income can help smooth out the bumps of market ups and downs over time while giving you the certainty of an income you can never outlive. The “comfort zone” you choose lets you participate in the market the way you want, with as little or as much risk exposure as you’re comfortable with. That risk-controlled growth potential provides a way to maximize your income, which can only rise, never decline1. And the longer you wait to tap into income, you receive a withdrawal deferral bonus, which boosts your withdrawal percentage rate when you do decide to take income. 5.5% Yr 0 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 11 Yr 12 8.25% 6.25% Income Begins 1 3 1 2 2 3 5.5% Your benefit base A protected income benefit that never decreases. Benefit base step up due to Account Value growth Benefit base Account Value Benefit base step ups continue after starting income due to Account Value growth Withdrawal Rate (Age 65, 0- and 5-year deferral shown) 1 An excess withdrawal impacts your income benefit base and income payment amount. Please see Zone Income prospectus for further information about excess withdrawals and how they impact your benefits. This example uses a variety of gross investment returns with floor and assumes 100% account allocation to the S&P 500 Growth Option with a cap rate of 15% and floor of -10%. 13

14 Performance driven income growth. How do potential market growth and a deferral bonus impact your future income? The chart below shows how hypothetical market performance and deferring the start of income can significantly impact the payment you’ll receive, even over six years. In this scenario, your payment amount would more than double over that period. Ending GLWB Payment $12,783 Yr 0 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Stock Index Annual Return 29.60% 11.39% -0.73% 9.54% 19.42% -6.24% Net Investment Return 13.25% 9.64% -2.48% 7.76% 13.25% -7.99% Protected Payment Growth Due to Benefit Base Growth $-- $828 $1,554 $1,554 $2,025 $3,382 $3,382 Protected Payment Growth Due to Deferral Bonus Increase $-- $453 $950 $1,446 $1,968 $2,559 $3,151 Protected Payment Start Value $6,250 $6,250 $6,250 $6,250 $6,250 $6,250 $6,250 Total Protected Payment $6,250 $7,531 $8,754 $9,250 $10,243 $12,192 $12,783

15 Zone Income in action. How Zone Income actually performs depends on how you set your “comfort zone” — your personal exposure to market ups and downs — and how long you wait to start taking income, which impacts your deferral bonus. The chart below shows potential payments based on three hypothetical scenarios. Hypothetical examples may not be used to project or predict investment results. No one knows what the future holds, but Zone Income has the potential to deliver higher returns through market cycles, combined with guaranteed income for life. Protected Income Withdrawal Rate Year Variety of Gross Returns 0% Return Scenario 5% Return Scenario Stock Index Annual Return Account Value GLWB Benefit Base GLWB Payment Account Value GLWB Benefit Base GLWB Payment Account Value GLWB Benefit Base GLWB Payment 6.25% Yr 0 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 6.65% Yr 1 3.53% $101,780 $101,780 $6,768 $98,250 $100,000 $6,650 $103,250 $103,250 $6,866 7.05% Yr 2 -38.49% $89,821 $101,780 $7,175 $96,513 $100,000 $7,050 $106,606 $106,606 $7,516 7.45% Yr 3 23.45% $101,603 $101,780 $7,583 $94,789 $100,000 $7,450 $110,070 $110,070 $8,200 7.85% Yr 4 12.78% $112,808 $112,808 $8,855 $93,078 $100,000 $7,850 $113,648 $113,648 $8,921 8.25% Yr 5 0.00% $110,833 $112,808 $9,307 $91,380 $100,000 $8,250 $117,341 $117,341 $9,681 8.65% Yr 6 13.41% $123,737 $123,737 $10,703 $89,695 $100,000 $8,650 $121,155 $121,155 $10,480 9.05% Yr 7 29.60% $140,132 $140,132 $12,682 $88,022 $100,000 $9,050 $125,092 $125,092 $11,321 9.45% Yr 8 11.39% $153,641 $153,641 $14,519 $86,362 $100,000 $9,450 $129,158 $129,158 $12,205 9.85% Yr 9 -0.73% $149,830 $153,641 $15,134 $84,714 $100,000 $9,850 $133,355 $133,355 $13,136 10.25% Yr 10 9.54% $161,464 $161,464 $16,550 $83,079 $100,000 $10,250 $137,689 $137,689 $14,113 10.25% Yr 11 19.42% $182,858 $182,858 $18,743 $81,456 $100,000 $10,250 $142,164 $142,164 $14,572 10.25% Yr 12 -6.24% $168,248 $182,858 $18,743 $79,845 $100,000 $10,250 $146,785 $146,785 $15,045

16 Helping secure a legacy. Zone Income’s Return of Premium (ROP) death benefit ensures your named beneficiaries will receive a sum equal to your original purchase payment, minus withdrawals you made during your lifetime. It’s a dollar-for-dollar benefit for protected payments, ensuring your heirs receive an amount equal to what you paid in — minus withdrawals — which may be more or less than your account value at the time of death. Yr 0 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Income Begins $100,000 $50,000 ROP Death Benefit Account Value Yr 0 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Account Value $100,000 $103,250 $91,118 $84,846 $68,085 $53,125 $46,149 Total GLWB Payment — — — — $6,608 $13,216 $ 19,824 Your legacy for loved ones $100,000 $103,250 $100,000 $100,000 $93,392 $86,784 $80,176

More value, all in one place. A long-term promise Purchasing an annuity represents an important step — your commitment to retirement planning and our promise to protect your investment for the future. As a result, annuities are designed to be held at least until the end of the initial allocation period. If needs arise, you can withdraw up to 10% of last anniversary value annually without penalty.2 Withdrawals in excess of 10% are assessed a surrender charge and market value adjustment during the initial allocation period. Refer to the fact sheet for these charges. After the initial allocation period, only a market value adjustment will apply to withdrawals in excess of the 10%. You have total access to your contract value on every allocation option maturity date. Zone Income is designed to deliver risk control for a reasonable price. The GLWB rider fee pays for your protected lifetime income and the contract fee pays for everything else. The result is a total “all-in” fee that lets you protect your future. Reallocation and rebalancing Each year you can reallocate between allocation options and reset the zone for each index by reallocating between risk control accounts. If you don’t reallocate, accounts automatically rebalance on anniversary to maintain your allocations and zones. Health hardships You have total access to contract value in times of critical need, including confinement to a nursing home or hospital, or diagnosis of a terminal illness.1 Zone Income brings you a protected source of income you can’t outlive, essential to a more secure retirement. 1 Availability and benefits vary by state. 2 Withdrawals before age 59½ may be subject to a 10% federal tax penalty. Consult your financial advisor and tax professional regarding the impact of any withdrawals.17

Highly rated, highly respected. Zone Income is issued by MEMBERS Life Insurance Company (MEMBERS Life), a subsidiary of CMFG Life Insurance Company and part of CUNA Mutual Group. As of December 31, 2021, financial records of CMFG Life Insurance Company's parent, CUNA Mutual Holding Company, indicated: We're proud of our financial strength ratings. They're a sign of our long-term ability to deliver on our commitments.* $44.3 billion in assets $39.5 billion in liabilities $4.8 billion in policyholder surplus Standard & Poor’s Ratings Service A+ Fifth-highest rating of 21 Affirmed December 2021 Moody’s Investors Service A2 Sixth-highest rating of 21 Affirmed March 2021 A.M. Best Company A (Excellent) Third-highest rating of 16 Affirmed March 2022 A.M. Best Company, Moody’s Investors Service and S&P Global are credit rating organizations serving the insurance and other financial services industries. Ratings reflect the opinion of the relative financial strength and operating performance of the company. These ratings are subject to change. Investors should monitor ratings and financial strength of MEMBERS Life Insurance Company while they hold a contract. * Ratings apply to CMFG Life Insurance Company and its subsidiaries, MEMBERS Life Insurance Company and CUMIS Insurance Society, Inc. 18

Annuities are l ng-te rmin urance pro ucts desi nedfor re tire ent purpose s. Many regi tere annuities o ffer four ma nfeat ures: (1) a s e lectionof inve st ent option , ( 2 )tax-defer ed earnin sac cumul ation,(3 guarante dlifetime payo top tions, and (4 death ben fit opt ons. Befo e in vest ng,co siderth annuity’ s invest ent objecti es, risks , cha ges and exp nses. The pr ospectus cont a insthi and othe inf o rmation.P eas e read it care fully. Thi broc ure must al o be accompani dby a pr ospec us a ndfact shee t for t eselecte init alin ex p eriod.To obt a in a p ospectus an fac shee t, cont a cty o ura visor, lo on to cma nuiti s.com, o ca l888.8 8 3940. This m ter alis informa ionalon yand i snot inve stme t a vi e. If you need advic e re ardi gyour financia lgoa sand inve stm nt needs, conta ta fi anc al advi or. All guar antees ar e ba ked by the claims- paying abil ty of M EMBERSLif e Insur ance Company (MEM ERSLif e) and do n t extend to th performa nce of the underl ing account s wh chc a nfluctuate wit changes i nm rket con itio s. Past per ormance i sno guara tee of futu e r esul s. All h ypo thet cal examples are for i lustrative purposes o lyand d ono t guarantee o rpre ictactu lp rforma ce. Annuity c ontra tvalues, dea hb ne fits and oth rv alues fl ctuate ba ed o the performan e of the in vest ent options and may b eworth mo e or l ss t an your total purch se payment w ensurr endered. Withd rawals m y be subje tto surr e nderc arges and may a so be s bjectt o a market va ueadj st ent (MVA). The MVA can have a positive or negative impa ton con tract v alues , de endi gon h w int erest r ates have c angedsi ce th contract was i sued. The ran eof fee s and char ges includes a c ontract f e eof 0.75 % ,GLW ri erfee of 1.0 % a ndsurr e nderc arges which ra ngefo 0% t o 9% d rin the i i ialalloc a ti noption p riod. H po thetical e xamples d not repres ent any s ecific an uity c ontra tand may not be us e dto project or pred ctinves tmen t resul s. You ma y not invest di ectly in a i dex. Rate caps var by inde x and b y risk c ontr o la count a ndc a nbe adjust e dannual yon ri kcont ol a co nt ann versar , su jectto a m inimumrate cap of 1% a nda bail outprovision A bailout rat e is s et for each r skc ontrol acc ount. If t erate cap for a give yea is decla ed below tha ra e, you ma y withdraw va uefrom th tri kco tro accoun t without s rr e nd rcharg or MV A .You llha ve 3 0 days a ter you risk control a count an ive sar to make this w thdrawal Wi hdra wals of ta able amo nts are subjec to ordin ry in ome tax, a ndif take be for e age 59 ½ may be su jectto a 10% fe eral tax penal y. I fyo are consi erin purchas ngan annu ty a san IRA or othe tax -q alifi dpla yo should co sider benef its oth rth nta deferral since t ose p ansa read provide tax-defe red stat us. MEMBERS Life doe s no t prov detax o lega ad ice. Contac a lic ensed professi nal. The CUNA Mutual Zo eI come , the “ Product”, has been develop ds o lelyby C U NAMutua Gro p. The “P od ct” is not i nany wa y conn cte to o rspon ored, e dor sed , sold o rp omoted b y th L o ndo Stock Ex c han eGroup pl an its grou undertaking (collectiv ely , the “LSE Gro p” .FT S ER ussell i sa trading name of cert a ino f the LSE Group comp anies. The S&P 500 Index i sa p oduct of S &P Dow J nes In ices L C (“SPDJ ”)and ha been licensed for use by CMFG Life Insur ance C ompa y (CMFG L fe) th paren t company of MEMBER L fe Insura ce Company (MEM BER Life ) .Stand rd & P oor’s,® S P® a dS&P 500® ar e reg ster e dtrademar s of Sta da d & Po r’s Fin ncialS ervi es LLC (“S& P ”) and the se tr adem rks have be nl ce sed for use b y SPDJI and s blic ens e dfor cert a in purp ses by C FG Lif e. This pro uctis not s ons ored endor sed, sold or pro oted by SPDJI, S& P, th irre spective a fili tes, and n on o f such par ties m ke any repre sen tati nre ardin the advisab lit y of i ves t ingin t hi p oduct no do they have any lia ility fo any errors, omi sio sor inter uptions o f the S&P 5 0I dex. The S& P 500 Index d es not in luded vidend pai by the u derlyin co panies. This p oduct is no t sponsor e d,endors e d,issu d,sold or pr omoted by M CI ,a dMS C Ibe ars n o liab lity with re s pectto this pro uctor any in ex on wh chit is bas e d.The pro spec us contai sa m re det a ileddescri tion of the limited re ati nsh pM CI has w ith CMFG Life and a y re ated pro ucts. All rig ts in t heRus sell 2 0 00Index (th “In ex”) vest in t herelevan t LSE G ou company w ic owns th Inde x .“Rus sell,®” “FTS Russell,®” a d“R ussel 20 0® In ex” are t adem rk( s) of the relevant L SEGroup co pan y and are used by any other LSE Gr o up compa y under l cen e. The In ex is calc ulated by or o nbe alf of the LSE Group compa y o its affiliate, age t or part er. The LSE G oup does not a cept a y lia ili y whatso ver to any p rson a ri ing o utof (a) the use of, relia nce o or any er or i nth Index or (b) investment i nor oper a tion of t eproduct . Th LSE Gr o upm kes n claim pr e diction,w arran ty or repr ese tati neither a st o the result s to b eobta ne fr o mthe Pr o duc or the suita ility of t e Index for the pur ose to which i i sb ing p utby MEM ERSLife Insur ance C ompa y. CU AMut u alGr o upi the marketin name for CU NAM tual Ho di gCo pany, a m tual insura ce ho dingcomp any, i s s bsi iaries an aff iliate s. Annuit es are issue by C FG Life a ndMEMBERS Li e and d stribute db y the raffilia e, CU N Broker a geS ervices, Inc ., m em erF NRA/SIPC a re ister e dbroker /dea er, 2000 H ri age Way, Wa verl , IA 50 77. CMFG Life an MEMBERS L ife are sto ki surance com an es . ME BERS® i a r egis tere trade arkof CM G L fe. Investment a dinsu an e product s are not f ederal yins red may inv olve investment r isk,may los e va ue, a ndare n t obliga ion of o rgu ran teed by an y deposito y o le din insti ut on. A llcon tra ts a dforms may v a ry by s tate and may not b eav a ilablein a lls tate s or thr o ughal br oker/de alers. Base po icy forms 201 -RILA, 2018-RIL -GLWBR R, 201 -RI A(ID) an 20 8- RILA-DRAE D. CZ IA-3 327331.7 -11 22-1 224 © CUNA Mutu lG oup