Supplement dated July 29, 2022
to the following statutory prospectus(es):
Waddell & Reed Accumulation VUL - New York, Waddell
& Reed Accumulation VUL, Waddell & Reed Advisors Select Plus Annuity, Waddell & Reed Advisors Select Preferred, Waddell & Reed Protection VUL and Waddell & Reed Protection VUL - New York dated May 1, 2022
Waddell & Reed Advisors Select Preferred (2.0) and
Waddell & Reed Advisors Select Preferred NY (2.0) dated May 1, 2019
Waddell & Reed Advisors Select Reserve Annuity dated May
1, 2016
Waddell & Reed Select Income Annuity dated
May 1, 2014
Waddell & Reed Advisors Survivorship
Life dated May 1, 2009
Waddell & Reed Advisors
Select Annuity, Waddell & Reed Advisors Select Life, and Waddell & Reed Advisors Select Life II dated May 1, 2008
| This
supplement updates certain information contained in your statutory prospectus. Please read and retain this supplement for future reference. |
The following underlying mutual funds are offered as an
investment option under the contract/policy.
Effective
July 29, 2022, the name of the investment options are updated as indicated below:
| CURRENT
NAME |
UPDATED
NAME |
| Ivy
Variable Insurance Portfolios - Delaware Ivy Global Equity Income: Class II |
Ivy
Variable Insurance Portfolios - Delaware VIP Global Value Equity: Class II |
| Ivy
Variable Insurance Portfolios - Delaware Ivy Securian Real Estate Securities: Class II |
Ivy
Variable Insurance Portfolios - Delaware VIP Real Estate Securities: Class II |