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This document is a supplement to the prospectus for the TFLIC Freedom Wealth Protector, a variable life insurance policy, detailing changes to certain portfolio names effective on February 1, 2018.
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Who needs form 497?
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What is form 497?
Form 497 is a tax form used by certain tax-exempt organizations to report information to the IRS.
Who is required to file form 497?
Organizations that are required to file Form 990, and who want to report more detailed information about their activities, must file Form 497.
How to fill out form 497?
To fill out Form 497, organizations must provide information about their activities, financial data, and any relevant disclosures as specified in the form instructions.
What is the purpose of form 497?
The purpose of Form 497 is to provide the IRS and the public with information about the activities and financial status of tax-exempt organizations.
What information must be reported on form 497?
Form 497 requires reporting of information such as revenue, expenses, program services, and significant activities undertaken by the organization.
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