<?xml version="1.0" encoding="UTF-8"?>
<twe:edgarSubmission xmlns:com="http://www.sec.gov/edgar/common" xmlns:fee="http://www.sec.gov/edgar/feecommon" xmlns:sta="http://www.sec.gov/edgar/statecodes" xmlns:scc="http://www.sec.gov/edgar/sccommon" xmlns:twe="http://www.sec.gov/edgar/twentyfourf2filer">
  <twe:schemaVersion>X0102</twe:schemaVersion>
  <twe:headerData>
    <twe:submissionType>24F-2NT</twe:submissionType>
    <twe:filerInfo>
      <twe:liveTestFlag>LIVE</twe:liveTestFlag>
      <twe:filer>
        <twe:issuerCredentials>
          <twe:cik>1397940</twe:cik>
          <twe:ccc>XXXXXXXX</twe:ccc>
        </twe:issuerCredentials>
      </twe:filer>
      <twe:flags>
        <twe:confirmingCopyFlag>false</twe:confirmingCopyFlag>
      </twe:flags>
      <twe:investmentCompanyType>N-4</twe:investmentCompanyType>
    </twe:filerInfo>
  </twe:headerData>
  <twe:formData>
    <twe:annualFilings>
      <twe:annualFilingInfo>
        <twe:item1>
          <twe:nameOfIssuer>SEPARATE ACCOUNT NO. 206</twe:nameOfIssuer>
          <twe:addressOfIssuer>
            <twe:street1>1345</twe:street1>
            <twe:street2>Avenue of the Americas</twe:street2>
            <twe:city>New York</twe:city>
            <twe:state>NY</twe:state>
            <twe:country>X1</twe:country>
            <twe:zipCode>10105</twe:zipCode>
          </twe:addressOfIssuer>
        </twe:item1>
        <twe:item2>
          <twe:reportClass>
            <twe:annualClassInfo>
              <twe:className>American Dental Association Members Retirement Plan</twe:className>
              <twe:classId>C000054344</twe:classId>
            </twe:annualClassInfo>
          </twe:reportClass>
        </twe:item2>
        <twe:item3>
          <twe:securitiesActFileNumbers>
            <twe:securitiesActFileNo>
              <twe:fileNumber>333-142455</twe:fileNumber>
            </twe:securitiesActFileNo>
          </twe:securitiesActFileNumbers>
        </twe:item3>
        <twe:item4>
          <twe:lastDayOfFiscalYear>12/31/2025</twe:lastDayOfFiscalYear>
          <twe:isThisFormBeingFiledLate>false</twe:isThisFormBeingFiledLate>
          <twe:isThisTheLastTimeIssuerFilingThisForm>false</twe:isThisTheLastTimeIssuerFilingThisForm>
        </twe:item4>
        <twe:item5>
          <twe:aggregateSalePriceOfSecuritiesSold>55853662.00</twe:aggregateSalePriceOfSecuritiesSold>
          <twe:aggregatePriceOfSecuritiesRedeemedOrRepurchasedInFiscalYear>276423983.00</twe:aggregatePriceOfSecuritiesRedeemedOrRepurchasedInFiscalYear>
          <twe:aggregatePriceOfSecuritiesRedeemedOrRepurchasedAnyPrior>1323163291.00</twe:aggregatePriceOfSecuritiesRedeemedOrRepurchasedAnyPrior>
          <twe:totalAvailableRedemptionCredits>1599587274.00</twe:totalAvailableRedemptionCredits>
          <twe:netSales>0.00</twe:netSales>
          <twe:redemptionCreditsAvailableForUseInFutureYears>(1543733612.00)</twe:redemptionCreditsAvailableForUseInFutureYears>
          <twe:multiplierForDeterminingRegistrationFee>0.0001381</twe:multiplierForDeterminingRegistrationFee>
          <twe:registrationFeeDue>0.00</twe:registrationFeeDue>
        </twe:item5>
        <twe:item6>
          <twe:interestDue>0</twe:interestDue>
        </twe:item6>
        <twe:item7>
          <twe:totalOfRegistrationFeePlusAnyInterestDue>0.00</twe:totalOfRegistrationFeePlusAnyInterestDue>
        </twe:item7>
        <twe:item8/>
        <twe:signature>
          <twe:signature>/s/ Marion Mackenzie</twe:signature>
          <twe:nameAndTitle>Marion Mackenzie, Signatory Officer</twe:nameAndTitle>
          <twe:signatureDate>03/11/2026</twe:signatureDate>
        </twe:signature>
      </twe:annualFilingInfo>
    </twe:annualFilings>
  </twe:formData>
</twe:edgarSubmission>
