Form N-VP/A TALCOTT RESOLUTION LIFE
Talcott Resolution Life and Annuity Insurance Company
Talcott Resolution Life and Annuity Insurance Company Separate Account Seven
Personal Retirement Manager Foundation Series II
[The contract was previously sold under various marketing names depending on which distribution partner sold the contract and/or when the product was sold. These marketing names include: Personal Retirement Manager Foundation Edge II. If you purchased this contract between May 3, 2010 and August 16, 2010, this variable annuity was called Leaders Foundation II and was marketed as Leaders Foundation Edge II]
Supplement dated June 23, 2026 to the annual product notice dated May 1, 2026
The following supplements and amends the annual product notice for the above-mentioned contracts. Please read this supplement carefully and retain it for future reference. Special terms not defined in this supplement have the same meanings as in the annual product notice.
Effective May 1, 2026, in Appendix A - Investment Options Available Under the Contract:
“Current Expenses” for the following funds are updated:
| Fund and Adviser/Subadviser | Current Expenses | ||||
| AB VPS Balanced Hedged Allocation Portfolio - Class B Adviser: AllianceBernstein, L.P. | 0.98%* | ||||
| AB VPS Discovery Value Portfolio - Class B Adviser: AllianceBernstein, L.P. | 1.07% | ||||
| Franklin Mutual Shares VIP Fund - Class 2 Adviser: Franklin Mutual Advisers, LLC | 0.94% | ||||
| Franklin Strategic Income VIP Fund - Class 2 Adviser: Franklin Advisers, Inc. | 1.07%* | ||||
| Hartford Capital Appreciation HLS Fund - Class IA Adviser: Hartford Funds Management Company, LLC Subadviser: Wellington Management Company LLP | 0.68% | ||||
| Hartford Disciplined Equity HLS Fund - Class IA Adviser: Hartford Funds Management Company, LLC Subadviser: Wellington Management Company LLP | 0.60% | ||||
| Lord Abbett Bond-Debenture Portfolio - Class VC Adviser: Lord, Abbett & Co. LLC | 1.05% | ||||
| Putnam VT Large Cap Growth Fund - Class IB Adviser: Putnam Investment Management, LLC Subadviser: Franklin Advisers, Inc. and Franklin Templeton Investment Management Limited | 0.87% | ||||
The following fund names are updated:
| Former Name | New Name | ||||
| American Funds Global Small Capitalization Fund | American Funds SMALLCAP World Fund | ||||
| American Funds International Fund | American Funds EUPAC Fund | ||||
HV-8272
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