U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1		Name and Address of Issuer:
		Principal Life Insurance Company Separate Account B
		The Principal Financial Group
		Des Moines, IA 50392-2080
2		The name of each series or class of securities for which this Form is filed (If the Form is being filed
		for all series and classes of securities of the issues, check the box but do not list series or classes):
		X
3		Investment Company Act File Number:		811-02091
		Securities Act File Number:		02-37988, 02-78001, 33-44565, 33-44670, 333-63401, 333-197214, 33-74232,
				333-40254, 333-116220, 333-188293, 333-171650, 333-128079, 333-213890
4	a	Last day of fiscal year for which this notice if filed:
		December 31, 2020
4	b	Check this box if this Form is being filed late (i.e., more than 90 calendar days after the end of the
		issuer's fiscal year). (See Instruction A.2)
		N/A
		Note: If the Form is being filed late, interest must be paid on the registration fee due.
4	c	Check box if this is the last time the issuer will be filing this Form.
		N/A
5		Calculation of registration fee:
		(i)	Aggregate sale price of securities sold during the				02-37988	$	66,422
			fiscal year in reliance on rule 24f-2:				02-78001		103,179
							33-44565		1,320,511
							33-44670		14,409,429
							333-63401		4,484,964
							333-197214		169,925,399
							33-74232		120,305,256
							333-40254		0
							333-116220		645,228,598
							333-188293		144,540,215
							333-171650		7,050,098
							333-213890		328,318,715
							333-128079		1,580,315
									1,437,333,101
		(ii)	Aggregate price of shares redeemed or		02-37988	$	165,252
			repurchased during the fiscal year:		02-78001		104,269
					33-44565		2,354,390
					33-44670		16,118,192
					333-63401		6,927,042
					333-197214		68,387,474
					33-74232		181,140,778
					333-40254		0
					333-116220		833,847,825
					333-188293		383,687,580
					333-171650		20,377,250
					333-213890		83,386,874
					333-128079		2,078,730
							1,598,575,656

	(iii)	Aggregate price of shares redeemed or
		repurchased during any prior fiscal year ending no
		earlier than October 11, 1995 that were not
		previously used to reduce registration fees
		payable to the Commission:	0
	(iv)	Total available redemption credits
		[Add items 5(ii) and 5(iii)]:			1,598,575,656
	(v)	Net Sales - If Item 5(i) is greater than Item 5(iv)
		[subtract Item 5(iv) from Item 5(i)]:			0
	(vi)	Redemption credits available for use in future years
		-- if Item 5(i) is less than Item 5(iv) [subtract Item
		5(iv) from Item 5(i)]"	(161,242,555)
	(vii)	Multiplier for determining registration fee (See
		Instruction c.9):			0.0001091
	(viii)	Registration fee due [Multiply Item 5(v) by Item
		5(vii)] (enter "0" if no fee is due):		$	0.00
6	Prepaid Shares
	If the response to Item 5(i) was determined by deducting an amount of securities that were
	registered under the Securities Act of 1933 pursuant to rule 24e-2 as in effect before [effective
	date of rescission of rule 24e-2], then report the amount of securities (number of shares or
	other units) deducted here: ____________. If there is a number of shares or other units that
	were registered pursuant to rule 24e-2 remaining unsold at the end of the fiscal year for which
	this form is filed that are available for use by the issuer in future fiscal years, then state the
	number here: ____________.
7	Interest due-if this Form is being filed more than 90 days after the end of the issuer's fiscal year
	(see Instruction D):
				+	0
8	Total of the amount of the registration fee due plus any interest due [line 5(viii) plus line 7]:
				$	0.00
9	Date the registration fee and any interest payment was sent to the Commission's
	lockbox depository:
	N/A
	Method of Delivery:
	N/A	Wire Transfer
	N/A	Mail or other means
	THE 24F-2 FEE IS PAID BY 033-44565.

Signature
	This report has been signed below by the following persons on behalf of the issuer and in the capacities and on the
	dates indicated:
	Principal Life Insurance Company Separate Account B
	By	/s/ Clint Woods
		Clint Woods
		Vice President, Associate General Counsel,
		Governance Officer and Assistant Corporate Secretary
	Date:	12th day of March, 2021