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This Summary Prospectus provides information about the Hedged Equity Portfolio, an investment strategy designed for use in variable life insurance policies and variable annuity contracts. It outlines the fund\'s goals, fees, expenses, and investment strategies, highlighting its unique approach to capital appreciation while managing risk through options overlay and enhanced index strategies.
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Who needs form 497k?
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What is form 497k?
Form 497k is a tax form used for reporting certain information related to specific deductions or credits under U.S. tax law.
Who is required to file form 497k?
Organizations or individuals who are claiming specific deductions or tax credits that require reporting detailed information may be required to file Form 497k.
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To fill out Form 497k, you need to provide accurate financial information, including income, deductions, and any relevant supporting documents as required by the instructions accompanying the form.
What is the purpose of form 497k?
The purpose of Form 497k is to provide the IRS with detailed information about the deductions or credits being claimed, ensuring compliance with tax regulations.
What information must be reported on form 497k?
Form 497k requires reporting of taxpayer identification information, income details, relevant deductions, and any associated tax credits.
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