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| Colorado                                                           | 6311 | 84-0467907 |
| (State or other jurisdiction ofincorporation or organization) | (Primary Standard IndustrialClassification Code) | (I.R.S. EmployerIdentification Number) |

|                                                                                                                                                                                                |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                |  |
|                                                                                                                                                                                           |   |
| Robert L. ReynoldsPresident and Chief Executive OfficerGreat-West Life & Annuity Insurance Company8515 East Orchard RoadGreenwood Village, CO 80111(800) 537-2033 | Copy to:Stephen E. Roth, Esq.Sutherland Asbill & Brennan LLP1275 Pennsylvania Avenue, N.W.Washington, DC20004-2415 |
| (Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent for Service)                                                                                           |   |

|                                   |
|-----------------------------------|
|                                   |  |  |  |
|                              |   |   |   |
| Large Accelerated Filer | o | Accelerated Filer | o |
|                              |   |   |   |
| Non-Accelerated Filer             | x  (Do not check if a smaller reporting company) | Smaller Reporting Company | o |

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|                                                                     |  |  |  |  |
|                                                                |   |   |   |   |
|                                                                |
| Title of Each Class ofSecurities to be Registered                   | Amountto beRegistered1 | ProposedMaximumOffering PricePer Unit2 | ProposedMaximumAggregateOffering Price | Amount ofRegistration Fee1 |
| Certificates issued pursuant to Guaranteed Income Annuity Contracts | 0 | N/A | 0 | 0 |
|                                                                |
|                                                                |

|     |                                                                                                                                                                                                                                                                                                                                                                                                                        |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1) | As discussed below, pursuant to Rule 415(a)(6) under the Securities Act, this Registration Statement carries over $49,879,309.00 of securities that were previously registered, with respect to which the registrant paid filing fees of $2,790.00.  The filing fee previously paid with respect to the securities being carried forward to the Registration Statement reduces the amount of fees currently due to $0. |

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|        |  |
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|         |                       |
|---------|-----------------------|
| • | Is NOT a bank deposit |

|         |                     |
|---------|---------------------|
| • | Is NOT FDIC insured |

|         |                                                               |
|---------|---------------------------------------------------------------|
| • | Is NOT insured or endorsed by a bank or any government agency |

|         |                                 |
|---------|---------------------------------|
| • | Is NOT available in every state |

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Table of Contents 

|                                                                         |
|-------------------------------------------------------------------------|
|                                                                         |  |
| Summary                                                                 | 1 |
| Preliminary Note Regarding Terms Used in This Prospectus                | 1 |
| What is the Certificate?                                                | 1 |
| How much will your Certificate cost?                                    | 2 |
| Can you cancel your Certificate?                                        | 2 |
| What protection does the Certificate provide?                           | 3 |
| How does your Certificate work?                                         | 3 |
| How do you purchase a Certificate?                                      | 4 |
| What are the Designated Investment Options?                             | 4 |
| Is the Certificate right for you?                                       | 4 |
| Risk Factors                                                            | 6 |
| The Certificate                                                         | 8 |
| Investment Options-- the Covered Funds                                  | 8 |
| Great-West SecureFoundation Balanced Fund                               | 9 |
| Investment Objective                                                    | 9 |
| Principal Investment Strategies                                         | 9 |
| Great-West SecureFoundation Lifetime Funds                              | 9 |
| Investment Objective                                                    | 10 |
| Principal Investment Strategies                                         | 10 |
| Adding and Removing Covered Funds                                       | 10 |
| IRA Rollovers                                                           | 10 |
| The Accumulation Phase                                                  | 12 |
| Covered Fund Value                                                      | 12 |
| Benefit Base                                                            | 12 |
| Subsequent Certificate Contributions to Your Account                    | 13 |
| Ratchet Date Adjustments to the Benefit Base                            | 13 |
| Excess Withdrawals During the Accumulation Phase                        | 14 |
| Types of Excess Withdrawals                                             | 14 |
| Treatment of a Distribution During the Accumulation Phase               | 14 |
| Death During the Accumulation Phase                                     | 15 |
| The GAW Phase                                                           | 15 |
| Installments                                                            | 15 |
| Calculation of Installment Amount                                       | 16 |
| Installment Frequency Options                                           | 17 |
| Lump Sum Distribution Option                                            | 17 |
| Suspending and Re-Commencing Installments After a Lump Sum Distribution | 17 |

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Table of Contents 

|                                                                                     |
|-------------------------------------------------------------------------------------|
|                                                                                     |  |
| Optional Resets of the GAW% During the GAW Phase                                    | 18 |
| Effect of Excess Withdrawals During the GAW Phase                                   | 18 |
| Death During the GAW Phase                                                          | 19 |
| The Settlement Phase                                                                | 20 |
| Examples of How the Certificate Works                                               | 20 |
| Guarantee Benefit Fee                                                               | 23 |
| Will you pay the same amount (in dollars) for the Withdrawal Guarantee every month? | 24 |
| Divorce Provisions Under the Certificate                                            | 24 |
| During the Accumulation Phase                                                       | 25 |
| During the GAW Phase                                                                | 25 |
| If there are two Covered Persons                                                    | 25 |
| During the Settlement Phase                                                         | 26 |
| Effect of Annuitization                                                             | 26 |
| Election of Annuity Options                                                         | 26 |
| Termination of the Group Contract                                                   | 26 |
| If the Group Contract Owner or Great-West Terminates the Group Contract             | 27 |
| Other Termination                                                                   | 27 |
| Termination of the Certificate                                                      | 27 |
| Miscellaneous Provisions                                                            | 27 |
| Periodic Communications to Certificate Owners                                       | 27 |
| Amendments to the Group Contract and Certificate                                    | 28 |
| Successor Trustee                                                                   | 28 |
| Assignment                                                                          | 28 |
| Cancellation                                                                        | 28 |
| Misstatements                                                                       | 28 |
| Financial Condition of the Company                                                  | 28 |
| Taxation of the Certificate                                                         | 29 |
| In General                                                                          | 29 |
| IRAs                                                                                | 29 |
| About Us                                                                            | 31 |
| Sales of the Certificates                                                           | 31 |
| Additional Information                                                              | 32 |
| Owner Questions                                                                     | 32 |
| Return Privilege                                                                    | 32 |
| State Regulation                                                                    | 32 |
| Evidence of Death, Age, Gender, or Survival                                         | 33 |
| Legal Matters                                                                       | 33 |
| Experts                                                                             | 33 |
| Where You Can Find More Information                                                 | 33 |
| Incorporation of Certain Documents by Reference                                     | 33 |
| Definitions                                                                         | 34 |
| Part II                                                                             | 36 |

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Table of Contents 

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The “Certificate” is the Great-West SecureFoundation® Group Fixed Deferred Certificate issued by Great-West Life & Annuity Insurance Company pursuant to the terms of a Group Fixed Deferred Annuity Contract (the “Group Contract”) issued to Great-West Trust Company, LLC (“Great-West Trust” or the “Group Contract Owner”). In certain states this may be an individual contract, which will have the same features and benefits unless otherwise noted. |

|         |                                                                                                                                                                           |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | “We,” “us,” “our,” “Great-West,” or the “Company” means Great-West Life & Annuity Insurance Company. |

|         |                                                                                                                                                                                                                                                                           |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | “You” or “yours” means the owner of the Certificate described in this prospectus. The terms “you,” “yours,” “Owner,” and “Certificate Owner” may be used interchangeably in this prospectus. |

|         |                                                                                                                                                                                                                                                                                                               |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | “Covered Person” or “Covered Persons” means the person or persons, respectively, named in the Certificate whose age is used for certain important purposes under the Certificate, including determining the amount of the guaranteed income that may be provided by this Certificate. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | “Covered Fund” or “Covered Funds” refer to the Great-West SecureFoundation® Lifetime 2015 Fund, Great-West SecureFoundation® Lifetime 2020 Fund, Great-West SecureFoundation® Lifetime 2025 Fund, Great-West SecureFoundation® Lifetime 2030 Fund, Great-West SecureFoundation® Lifetime 2035 Fund, Great-West SecureFoundation® Lifetime 2040 Fund, Great-West SecureFoundation® Lifetime 2045 Fund, Great-West SecureFoundation® Lifetime 2050 Fund, Great-West SecureFoundation® Lifetime 2055 Fund, and the Great-West SecureFoundation® Balanced Fund. The Covered Funds are not issued by Great-West. Great-West Funds, Inc. is the issuer of the Covered Funds and is an affiliate of Great-West. |

|         |                                                              |
|---------|--------------------------------------------------------------|
| • | Sole Owner who is an individual and also the Covered Person. |

|         |                                                                                                             |
|---------|-------------------------------------------------------------------------------------------------------------|
| • | Sole Owner who is an individual and the Covered Person, with his or her spouse as the joint Covered Person. |

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|         |                                                                                                                                 |
|---------|---------------------------------------------------------------------------------------------------------------------------------|
| • | The maximum Guarantee Benefit Fee for the Certificate, as a percentage of your Covered Fund Value, on an annual basis, is 1.5%. |

|         |                                                                                                                                  |
|---------|----------------------------------------------------------------------------------------------------------------------------------|
| • | The minimum Guarantee Benefit Fee for the Certificate, as a percentage of your Covered Fund Value, on an annual basis, is 0.70%. |

|         |                                                                                                                                  |
|---------|----------------------------------------------------------------------------------------------------------------------------------|
| • | The current Guarantee Benefit Fee for the Certificate, as a percentage of your Covered Fund Value, on an annual basis, is 0.90%. |

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Table of Contents 

|         |                                                                                                                      |
|---------|----------------------------------------------------------------------------------------------------------------------|
| • | longevity risk, which is the risk that a Certificate Owner will outlive the assets invested in the Covered Fund; and |

|         |                                                                                                                                                           |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | income volatility risk, which is the risk of downward fluctuations in a Certificate Owner’s retirement income due to changes in market performance. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Accumulation Phase: During the Accumulation Phase, you may make additional Certificate Contributions to your Covered Fund, which establishes your Benefit Base (this is the sum of all Certificate Contributions minus any withdrawals and any adjustments made on the “Ratchet Date” as described later in this prospectus), and take withdrawals from your IRA just as you otherwise would be permitted to (although Excess Withdrawals will reduce the amount of the Benefit Base under the Certificate). You are responsible for managing your withdrawals during the Accumulation Phase. |

|         |                                                                                                                                                                                                                                                                                                                                                               |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The GAW Phase: After you (or if there are joint Covered Persons, the younger joint Covered Person) have turned age 55, then you can enter the GAW Phase and begin to take GAWs (which are annual withdrawals that do not exceed a specified amount) without reducing your Benefit Base. GAWs before age 59 1/2 may result in certain tax penalties. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Settlement Phase: If your Covered Fund Value falls to zero as a result of Covered Fund performance, the Guarantee Benefit Fee, certain other fees that are not directly associated with the Certificate or Group Contract (e.g., IRA fees, custodian fees, advisory fees), and/or GAWs, the Settlement Phase will begin. During the Settlement Phase, we make Installments to you for as long as you live. However, the Settlement Phase may never occur, depending on how long you live and how well the Covered Fund performs. |

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|                                                           |
|-----------------------------------------------------------|
|                                                           |  |  |
|                                                      |   |   |
| Great-West SecureFoundation® Lifetime 2015 Fund |    | Great-West SecureFoundation® Lifetime 2040 Fund |
|                                                      |   |   |
| Great-West SecureFoundation® Lifetime 2020 Fund |    | Great-West SecureFoundation® Lifetime 2045 Fund |
|                                                      |   |   |
| Great-West SecureFoundation® Lifetime 2025 Fund |    | Great-West SecureFoundation® Lifetime 2050 Fund |
|                                                      |   |   |
| Great-West SecureFoundation® Lifetime 2030 Fund |    | Great-West SecureFoundation® Lifetime 2055 Fund |
|                                                      |   |   |
| Great-West SecureFoundation® Lifetime 2035 Fund |    | Great-West SecureFoundation® Balanced Fund |

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Table of Contents 

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | You may die before receiving payments from us or you may not live long enough to receive enough income to exceed the amount of the Guarantee Benefit Fees paid. If you (assuming that you are the sole Covered Person) die before the Covered Fund Value is reduced to zero, you will never receive any payments under the Certificate. The Certificate does not have any cash value or provide a death benefit. Furthermore, even if you begin to receive Installments in the Settlement Phase, you may die before receiving an amount equal to or greater than the amount you have paid in Guarantee Benefit Fees. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Covered Funds may perform well enough so that you may not need the guarantee that may otherwise be provided by the Certificate. The Covered Funds are managed by a registered investment adviser, Great-West Capital Management, LLC (“GWCM”), a wholly owned subsidiary of Great-West. GWCM manages the Great-West SecureFoundation® Lifetime Funds to become more conservative as time goes on, which may minimize the likelihood that you will experience a significant loss of capital at an advanced age. GWCM also has the flexibility to manage the Great-West SecureFoundation® Balanced Fund conservatively. Therefore, there is a good chance that the Covered Funds will perform well enough that GAWs will not reduce Covered Fund Value to zero. As a result, the likelihood that we will make payments to you is minimal. In this case, you will have paid us the Guarantee Benefit Fee for the life of your Certificate and received no payments in the Settlement Phase in return. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | You may need to make Excess Withdrawals, which have the potential to substantially reduce or even terminate the benefits available under the Certificate. Because personal financial needs can arise unpredictably (e.g., unexpected medical bills), you may need to make a withdrawal from your Covered Fund before the start of the GAW Phase or following the start of the GAW Phase in an amount larger than the GAW. These types of withdrawals are Excess Withdrawals that will reduce or eliminate the guarantee that may otherwise be provided by the Certificate. There is no provision under the Certificate to cure any decrease in the benefits due to Excess Withdrawals. To avoid making Excess Withdrawals, you will need to carefully manage your withdrawals. The Certificate does not require us to warn you of Excess Withdrawals or other actions with adverse consequences. |

|         |                                                                                                                                                                                                                                                                                                                                                                                              |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | You may choose to cancel your Certificate prior to a severe market downturn. The Certificate is designed to protect you from outliving the assets in your Covered Fund. If you terminate the Certificate before reaching the GAW Phase or Settlement Phase, we will not make payments to you, even if subsequent Covered Fund performance reduces your Covered Fund Value to zero. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | You might not begin making GAWs at the most financially beneficial time for you. Because of decreasing life expectancy as you age, in certain circumstances, the longer you wait to start taking GAWs, the less likely it is that you will benefit from your Certificate. On the other hand, the earlier you begin taking GAWs, the lower the GAW Percentage you will receive and therefore the lower your GAWs (if any) will be. Because of the uncertainty of how long you will live and how your investments will perform over time, it will be difficult for you to determine the most financially beneficial time to begin making GAWs. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | If you terminate or change the provider of your IRA, you may never receive a benefit from the Certificate. The Certificate is currently available to participants in certain IRAs. The Certificate is held by the IRA trustee or custodian as an asset of each participant’s IRA. If your IRA is terminated, such as by a full distribution of all of the assets in the IRA, or moved to an IRA provider that does not offer the Certificate, you will cause your Certificate to terminate. In that case, you may never receive a benefit from the Certificate, and the Guarantee Benefit Fee will not be refunded. |

|         |                                                                                                                                                                                                                                         |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | We reserve the right to increase the Guarantee Benefit Fee at any time. If we increase the Guarantee Benefit Fee, then depending upon how long you live, you may not receive enough income to exceed the amount of total fees paid. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                 |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The deduction of the Guarantee Benefit Fee each month will negatively affect the growth of your Covered Fund Value. The growth of your Covered Fund Value is likely important to you because you may never receive Installments during Settlement Phase. Therefore, depending on how long you live and how your investments perform, you may be financially better off without purchasing the Certificate. |

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|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Certificate limits your investment choices. Only certain funds are available under the Certificate. These Covered Funds may be managed in a more conservative fashion than other mutual funds available to you. If you do not purchase the Certificate, it is possible that you may invest in other mutual funds (or other types of investments) that experience higher growth or lower losses, depending on the market, than the Covered Funds experience. It is impossible to know how various investments will fare on a comparative basis. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Covered Funds may become ineligible. If the Covered Fund that you invest in becomes ineligible for the Certificate, you must Transfer the Covered Fund Value to another Covered Fund in order to keep the Certificate in force. If the Transfer is not a same day Transfer, then it could cause your Certificate to be canceled. See “Adding and Removing Covered Funds,” below. We reserve the right to designate Covered Funds that were previously eligible for use with the Certificate as ineligible for use with the Certificate, for any reason including due to changes to their investment objectives. In the event that all Covered Funds become ineligible or are liquidated, we will designate a new fund as a Covered Fund. The new Covered Fund may have higher fees and charges and different investment objectives/strategies than the ineligible Covered Fund. In addition, designating a new fund as a Covered Fund may result in an increase in the current Guarantee Benefit Fee, which will not exceed the maximum Guarantee Benefit Fee of 1.5%. The Guarantee Benefit Fee will not be refunded if the Covered Funds become ineligible or are liquidated. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Group Contract Owner or Great-West may terminate the Group Contract. If the Group Contract Owner or Great-West terminates the Group Contract, such termination will not adversely affect your rights under the Group Contract, except that we will not permit additional Certificate Contributions to the Covered Fund. However, we will accept reinvested dividends and capital gains. You will still be obligated to pay the Guarantee Benefit Fee. See “Termination of the Group Contract,” below. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The IRA may terminate. IRAs can be terminated, such as by a full distribution of all of the assets in the IRA. You generally can choose to discontinue your own IRA, and either receive a distribution from the IRA or transfer it to another IRA provider. Also, most IRA providers reserve the right to resign from the IRA; if that happens, in most cases you can choose to have your IRA either distributed to you or transferred to another IRA provider. In the event of a complete IRA termination, either because your IRA is distributed to you or transferred to another IRA provider that does not offer the Certificate, then all benefits, rights, and privileges provided by the Group Contract, including without limitation, the Certificate, shall terminate. In this event, you may choose to utilize the Covered Fund Value in the ways described later in this prospectus under “Termination of the Group Contract—Other Termination.” The Guarantee Benefit Fee will not be refunded if the IRA terminates. |

|         |                                                                                                                                                                                                                                                                                                                  |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Certificate will terminate if the Guaranteed Benefit Fee is not paid. If we do not receive the Guarantee Benefit Fee (except during Settlement Phase), including as a result of the failure of your IRA custodian to submit it to us, the Certificate will terminate as of the date that the fee is due. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Any payments we are required to make to you under the Certificate will depend on our long-term ability to make such payments. We will make all payments under the Certificate in Settlement Phase from our general account, which is not insulated from the claims of our third party creditors. Therefore, your receipt of payments from us is subject to our claims paying ability. The Covered Funds do not make payments under the GLWB. |

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|         |                                                                                                                                                                                                                                                                                                                                                       |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Certificate is novel and innovative and to date, the tax consequences of the Certificate have not been addressed in published legal authorities. You should consult a tax advisor before purchasing a Certificate. See “Taxation of the Certificate” below for further discussion of tax issues relating to the Certificate. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | You should be aware of various regulatory protections that do and do not apply to the Certificate. Your Certificate is registered in accordance with the Securities Act of 1933. The issuance and sale of your Certificate must be conducted in accordance with the requirements of the Securities Act of 1933. We are also subject to applicable periodic reporting requirements and other requirements imposed by the Securities Exchange Act of 1934. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | We are neither an investment company nor an investment adviser and do not provide investment advice to you in connection with the Certificate. Therefore, we are not governed by the Investment Advisers Act of 1940 (the “Advisers Act”) or the Investment Company Act of 1940 (the “1940 Act”). Accordingly, the protections provided by the Advisers Act and the 1940 Act are not applicable with respect to our sale of the Certificate to you. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Certificate does not protect the assets in your IRA from your creditors. The assets in your IRA are owned by you and not us. We have no control over any of the assets in your IRA. The assets in your IRA are not subject to our creditors. However, assets in your IRA may be subject to being directly attached by your creditors. Any liquidation of any Covered Fund will be considered an Excess Withdrawal and it may reduce your Benefit Base. |

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|                                                                                  |
|----------------------------------------------------------------------------------|
|                                                                                  |  |  |
| Covered Fund held in tax-deferred retirement plan                                |    | Corresponding Covered Fund in IRA |
| Great-West SecureFoundation® Balanced Fund – Class G or Class G1 |    | Great-West SecureFoundation® Balanced Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2015 Fund – Class G or Class G1 |    | Great-West SecureFoundation® Lifetime 2015 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2020 Fund – Class G or Class G1 |    | Great-West SecureFoundation® Lifetime 2020 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2025 Fund – Class G or Class G1 |    | Great-West SecureFoundation® Lifetime 2025 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2030 Fund – Class G or Class G1 |    | Great-West SecureFoundation® Lifetime 2030 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2035 Fund – Class G or Class G1 |    | Great-West SecureFoundation® Lifetime 2035 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2040 Fund – Class G or Class G1 |    | Great-West SecureFoundation® Lifetime 2040 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2045 Fund – Class G or Class G1 |    | Great-West SecureFoundation® Lifetime 2045 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2050 Fund – Class G or Class G1 |    | Great-West SecureFoundation® Lifetime 2050 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2055 Fund – Class G or Class G1 |    | Great-West SecureFoundation® Lifetime 2055 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Balanced Trust                                 |    | Great-West SecureFoundation® Balanced Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2015 Trust                            |    | Great-West SecureFoundation® Lifetime 2015 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2020 Trust                            |    | Great-West SecureFoundation® Lifetime 2020 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2025 Trust                            |    | Great-West SecureFoundation® Lifetime 2025 Fund – Class L |
|                                                                             |   |   |
| Great-West SecureFoundation® Lifetime 2030 Trust                            |    | Great-West SecureFoundation® Lifetime 2030 Fund – Class L |
|                                                                             |   |   |

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|                                                       |
|-------------------------------------------------------|
|                                                       |  |  |
| Great-West SecureFoundation® Lifetime 2035 Trust |    | Great-West SecureFoundation® Lifetime 2035 Fund – Class L |
|                                                  |   |   |
| Great-West SecureFoundation® Lifetime 2040 Trust |    | Great-West SecureFoundation® Lifetime 2040 Fund – Class L |
|                                                  |   |
| Great-West SecureFoundation® Lifetime 2045 Trust |    | Great-West SecureFoundation® Lifetime 2045 Fund – Class L |
|                                                  |   |
| Great-West SecureFoundation® Lifetime 2050 Trust |    | Great-West SecureFoundation® Lifetime 2050 Fund – Class L |
|                                                  |   |
| Great-West SecureFoundation® Lifetime 2055 Trust |    | Great-West SecureFoundation® Lifetime 2055 Fund – Class L |

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Table of Contents 

|         |                                                                                                               |
|---------|---------------------------------------------------------------------------------------------------------------|
| • | We increase your Benefit Base on a dollar-for-dollar basis each time you make a Certificate Contribution. |

|         |                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------|
| • | We decrease your Benefit Base on a proportionate basis each time you make an Excess Withdrawal. |

|         |                                                                                                                                                                                                                                                                                |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | On each Ratchet Date (described below), we will increase your Benefit Base to equal your current Covered Fund Value if your Covered Fund Value is greater than your Benefit Base. (If so, your Benefit Base will then reflect positive Covered Fund performance.) |

|         |                                                                                                                                                                                                                                                                   |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | The Benefit Base is used only for purposes of calculating your Installment Payments during the GAW Phase and the Settlement Phase. It has no other purpose. The Benefit Base does not provide and is not available as a cash value or settlement value. |

|         |                                                                                        |
|---------|----------------------------------------------------------------------------------------|
| • | It is important that you do not confuse your Benefit Base with the Covered Fund Value. |

|         |                                                                                                                                                                                                                                                    |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | During the Accumulation Phase and the GAW Phase, the Benefit Base will be re-calculated each time you make a Certificate Contribution or Excess Withdrawal, as well as on an annual basis as described below, which is known as your Ratchet Date. |

|     |                              |
|-----|------------------------------|
| (a) | the current Benefit Base; or |

|     |                                 |
|-----|---------------------------------|
| (b) | the current Covered Fund Value. |

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|         |                                                                                                                                                                              |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | become a new GLWB Elector and maintain the deceased GLWB Elector’s current Benefit Base (or proportionate share if multiple Beneficiaries) as of the date of death; or |

|         |                                                                                                                                                    |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------|
| • | to establish a new Account with a new Benefit Base based on the current Covered Fund Value on the date of the deceased GLWB Elector’s death. |

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Table of Contents 

|                             |
|-----------------------------|
|                             |  |  |
| Sole Covered Person         |    | Joint Covered Person |
| 4.0% for life at ages 55-64 |    | 3.5% for youngest joint life at ages 55-64 |
| 5.0% for life at ages 65-69 |    | 4.5% for youngest joint life at ages 65-69 |
| 6.0% for life at ages 70-79 |    | 5.5% for youngest joint life at ages 70-79 |
| 7.0% for life at ages 80+   |    | 6.5% for youngest joint life at ages 80+ |

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|   |                                                                                                                                                                                                                                                                                                                                                        |
|---|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| * | On the Initial Installment Date, we compare the current Benefit Base to the current Covered Fund Value. If the Covered Fund Value is greater than the Benefit Base, we will increase the Benefit Base to equal the Covered Fund Value, and the GAW will be based on the increased Benefit Base amount. See “Installments,” above. |

----

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|    |                                                                               |
|----|-------------------------------------------------------------------------------|
| If | (Attained Age GAW%) x (Covered Fund Value as of Ratchet Date) is greater than |

|      |                                                                                   |
|------|-----------------------------------------------------------------------------------|
| Then | (Attained Age GAW%) x (Covered Fund Value as of Ratchet Date) becomes new GAW and |

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Table of Contents 

|         |                                                                                                                            |
|---------|----------------------------------------------------------------------------------------------------------------------------|
| • | All Certificate Contributions are assumed to be at the end of the year and occur immediately before the next Ratchet Date. |

|         |                                                                                               |
|---------|-----------------------------------------------------------------------------------------------|
| • | All withdrawals are assumed to be at the beginning of the year and occur on the Ratchet Date. |

|         |                                                                                                             |
|---------|-------------------------------------------------------------------------------------------------------------|
| • | All positive investment performance of the Covered Fund is assumed to be net of investment management fees. |

|         |                                                                                          |
|---------|------------------------------------------------------------------------------------------|
| • | In all of the examples, you have access to your Covered Fund Value until it is depleted: |

|         |                                                                                                                                |
|---------|--------------------------------------------------------------------------------------------------------------------------------|
| • | If you die before the Covered Fund Value is depleted, the remaining Covered Fund Value would be available to your Beneficiary. |

|         |                                                                                                                                                   |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------|
| • | If you need to take a withdrawal in excess of your GAW, you may take up to the Covered Fund Value, which will be considered an Excess Withdrawal. |

|         |                     |
|---------|---------------------|
| • | Sole Covered Person |

|         |                                      |
|---------|--------------------------------------|
| • | Initial Covered Fund Value: $500,000 |

|         |                 |
|---------|-----------------|
| • | GAW Percent: 5% |

|         |                                     |
|---------|-------------------------------------|
| • | GAW Amount: $500,000 x 5% = $25,000 |

|         |                              |
|---------|------------------------------|
| • | Guarantee Benefit Fee: 0.90% |

|         |                                                                    |
|---------|--------------------------------------------------------------------|
| • | Changes in Covered Fund Value (net of investment management fees): |

|         |                                          |
|---------|------------------------------------------|
| • | Year 1: -10%, Year 2: -10%, Years 3+: 5% |

|         |                                                                                                            |
|---------|------------------------------------------------------------------------------------------------------------|
| • | You annually withdraw $25,000 from your Covered Fund until about age 87 when the Covered Fund is depleted: |

|         |                                              |
|---------|----------------------------------------------|
| • | At age 87 your Covered Fund Value is $9,474. |

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|         |                                                                                              |
|---------|----------------------------------------------------------------------------------------------|
| • | You withdraw the $9,474 which depletes the Covered Fund and you are now in Settlement Phase. |

|         |                                                                                |
|---------|--------------------------------------------------------------------------------|
| • | We provide the remaining $15,526 necessary to make the Installment of $25,000. |

|         |                                                                     |
|---------|---------------------------------------------------------------------|
| • | We continue to pay Installments of $25,000 each year for your life. |

|         |                     |
|---------|---------------------|
| • | Sole Covered Person |

|         |                                      |
|---------|--------------------------------------|
| • | Initial Covered Fund Value: $500,000 |

|         |                 |
|---------|-----------------|
| • | GAW Percent: 5% |

|         |                              |
|---------|------------------------------|
| • | Guarantee Benefit Fee: 0.90% |

|         |                                                                    |
|---------|--------------------------------------------------------------------|
| • | Changes in Covered Fund Value (net of investment management fees): |

|         |                                                                |
|---------|----------------------------------------------------------------|
| • | Years 1 through 7: 5%, Years 8 through 11: -10%, Years 12+: 5% |

|         |                                                                                                                    |
|---------|--------------------------------------------------------------------------------------------------------------------|
| • | Positive Covered Fund performance through year 7 results in a Covered Fund Value of $662,407 on your Ratchet Date. |

|         |                                         |
|---------|-----------------------------------------|
| • | Your Benefit Base Ratchets to $662,407. |

|         |                                                                                                                        |
|---------|------------------------------------------------------------------------------------------------------------------------|
| • | Covered Fund Value at the beginning of year 10 is $468,552, but GAWs are based on the Benefit Base, which is $662,407. |

|         |                                   |
|---------|-----------------------------------|
| • | GAWs are $662,407 x 5% = $33,120. |

|         |                                                                                                            |
|---------|------------------------------------------------------------------------------------------------------------|
| • | You annually withdraw $33,120 from your Covered Fund until about age 81 when the Covered Fund is depleted: |

|         |                                                |
|---------|------------------------------------------------|
| • | At age 81, your Covered Fund Value is $13,326. |

|         |                                                                                                                                                                                |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | You withdraw the $13,326 which depletes the Covered Fund and you are now in Settlement Phase. We provide the remaining $19,794 necessary to make the Installment $33,120. |

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|         |                                                                     |
|---------|---------------------------------------------------------------------|
| • | We continue to pay Installments of $33,120 each year for your life. |

|         |                     |
|---------|---------------------|
| • | Sole Covered Person |

|         |                                      |
|---------|--------------------------------------|
| • | Initial Covered Fund Value: $500,000 |

|         |                                                                      |
|---------|----------------------------------------------------------------------|
| • | Additional Annual Certificate Contributions until GAWs Begin: $2,500 |

|         |                 |
|---------|-----------------|
| • | GAW Percent: 5% |

|         |                              |
|---------|------------------------------|
| • | Guarantee Benefit Fee: 0.90% |

|         |                                                                    |
|---------|--------------------------------------------------------------------|
| • | Changes in Covered Fund Value (net of investment management fees): |

|         |                                        |
|---------|----------------------------------------|
| • | Years 1 through 10: -5%, Years 11+: 5% |

|         |                                                                                                                             |
|---------|-----------------------------------------------------------------------------------------------------------------------------|
| • | Poor Covered Fund performance in years 1 through 10 results in a Covered Fund Value of $291,493 at the end of year 10. |

|         |                                                                                                                                         |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------|
| • | Your Benefit Base at the end of year 10 is $525,000 as a result of the additional Certificate Contributions in years 1 through 10. |

|         |                                   |
|---------|-----------------------------------|
| • | GAWs are $525,000 x 5% = $26,250. |

|         |                                                                                                            |
|---------|------------------------------------------------------------------------------------------------------------|
| • | You annually withdraw $26,250 from your Covered Fund until about age 79 when the Covered Fund is depleted: |

|         |                                                                                                                                                                                                        |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | At age 79, your Covered Fund Value is $8,316. You withdraw the $8,316 which depletes the Covered Fund and you are now in Settlement Phase. We provide the remaining $17,934 necessary to make the |

|         |                      |
|---------|----------------------|
| • | Installment $26,250. |

|         |                                                                     |
|---------|---------------------------------------------------------------------|
| • | We continue to pay Installments of $26,250 each year for your life. |

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|     |                                                                                     |
|-----|-------------------------------------------------------------------------------------|
| (i) | maintaining the current proportionate Benefit Base of the previous GLWB Elector; or |

|      |                                                                                                                                                                      |
|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (ii) | establishing a new Benefit Base based on the current Covered Fund Value on the date his or her Account is established and he or she will continue as a GLWB Elector. |

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|         |                             |
|---------|-----------------------------|
| • | Income for Single Life Only |

|         |                                               |
|---------|-----------------------------------------------|
| • | Income for Single Life with Guaranteed Period |

|         |                            |
|---------|----------------------------|
| • | Income for Joint Life Only |

|         |                                              |
|---------|----------------------------------------------|
| • | Income for Joint Life with Guaranteed Period |

|         |                              |
|---------|------------------------------|
| • | Income for a Specific Period |

|         |                                                                                         |
|---------|-----------------------------------------------------------------------------------------|
| • | Any other form of annuity payment permitted under the IRA, if acceptable to Great-West. |

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|    |                                                                                                                                                                                       |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| a. | the date of death of a GLWB Elector during the Accumulation Phase (unless an election is made by a Beneficiary who is the spouse of the GLWB Elector to continue the Certificate); or |

|    |                                                                                                                           |
|----|---------------------------------------------------------------------------------------------------------------------------|
| b. | the date of death of the Certificate Owner after the Initial Installment Date if there is no surviving Covered Person; or |

|    |                                                                              |
|----|------------------------------------------------------------------------------|
| c. | the date of death of the last Covered Person during the Settlement Phase; or |

|    |                                                                                                                                                                                                                                            |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| d. | the date that you cancel the Certificate as a result of reducing the Covered Fund Value or the Benefit Base to zero prior to the Settlement Phase due to one or more Excess Withdrawals or by failing to pay the Guarantee Benefit Fee; or |

|    |                                                                                                                        |
|----|------------------------------------------------------------------------------------------------------------------------|
| e. | the date that we do not receive the Guarantee Benefit Fee (except during the Settlement Phase, when no fee is due); or |

|    |                                                                                                                                                                       |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| f. | the date that you annuitize some or all of the Covered Fund assets (the Certificate will terminate only with respect to the Covered Fund assets that are annuitized). |

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|         |                                                                                    |
|---------|------------------------------------------------------------------------------------|
| • | A Certificate is intended for purchase only by the trustee or custodian of an IRA. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | We are not responsible for determining whether a Certificate complies with the terms and conditions of, or applicable law governing, any IRA. You are responsible for making that determination. Similarly, we are not responsible for administering any applicable tax or other legal requirements applicable to your IRA. You or a service provider for your IRA is responsible for determining that distributions, beneficiary |

----

Table of Contents 

|         |                                                                                                     |
|---------|-----------------------------------------------------------------------------------------------------|
| • | If your spouse is a joint Covered Person, your spouse must be your sole beneficiary under your IRA. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | IRAs may be subject to required minimum distribution rules. Withdrawals during the GAW Phase from your Covered Fund Value taken to meet required minimum distribution requirements, in the proportion of your Covered Fund Value to your overall IRA balance (and not taking into account any other IRAs you own), will be deemed to be within the contract limits for your Certificate and will not be treated as Excess Withdrawals. The required minimum distribution shall not exceed the required minimum distribution amount calculated under the Code and regulations issued thereunder as in effect on the Certificate Date. In the event of a dispute about the required minimum distribution amount, our determination will govern. |

|         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | IRAs can be terminated. You generally can choose to discontinue your own IRA, and either receive a distribution from the IRA or transfer it to another IRA provider. Also, most IRA providers reserve the right to resign from the IRA; if that happens, in most cases you can choose to have your IRA either distributed to you or transferred to another IRA provider. If your IRA is either distributed to you or transferred to another IRA provider that does not offer the Certificate, you will cause your Certificate to terminate. |

----

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----

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----

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----

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|         |                                                     |
|---------|-----------------------------------------------------|
| • | Great-West SecureFoundation® Balanced Fund |

|         |                                                      |
|---------|------------------------------------------------------|
| • | Great-West SecureFoundation® Lifetime Funds |

|         |                                                              |
|---------|--------------------------------------------------------------|
| • | Any other fund as approved by Great-West for the Certificate |

----

Table of Contents 

|                                                                     |
|---------------------------------------------------------------------|
|                                                                     |  |  |
|                                                                |   |   |
| Securities and Exchange Commission Registration Fees | $ 0* |   |
| Printing and engraving                                              | $10,000 |   |
| Accounting fees and expenses                                        | $10,000 |   |
| Legal fees and expenses                                             | $20,000 |   |
| Miscellaneous                                                       | $10,000 |   |
|                                                                |   |   |
| Total expenses (approximate)                                        | $50,000 |   |
|                                                                |   |   |

----

Table of Contents 

|               |                                                 |
|---------------|-------------------------------------------------|
| Item 14. | Indemnification of Directors and Officers.  |

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----

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|               |                                               |
|---------------|-----------------------------------------------|
| Item 15. | Recent Sales of Unregistered Securities.  |

|               |                                                  |
|---------------|--------------------------------------------------|
| Item 16. | Exhibits and Financial Statement Schedules.  |

----

Table of Contents 

|                 |
|-----------------|
|                 |  |
|            |   |
|   1.1 | Form of Underwriting Agreement is incorporated by reference to Registrant’s Pre-Effective Amendment No. 1 to Form S-1 filed on February 9, 2010. (File No. 333-163244) |
|            |   |
|   1.2 | Form of Amendment to Broker-Dealer Selling Agreement is incorporated by reference to Registrant’s Pre-Effective Amendment No. 1 to Form S-1 filed on February 9, 2010. (File No. 333-163244) |
|            |   |
|   2   | Not applicable. |
|            |   |
|   3.1 | Amended and Restated Articles of Incorporation of Great-West Life & Annuity Insurance Company are incorporated by reference to Registrant’s Form 10-K for the year ended December 31, 2006 filed on April 2, 2007. (File No. 333-01173) |
|            |   |
|   3.2 | Amended and Restated By-laws of Great-West Life & Annuity Insurance Company are incorporated by reference to Registrant’s Form 10-K for the year ended December 31, 2006 filed on April 2, 2007. (File No. 333-01173) |
|            |   |
|   4.1 | Form of Certificate is incorporated herein by reference to Registrant’s initial filing on Form S-1 filed on November 20, 2009. (File No. 333-163244) |
|            |   |
|   4.2 | Form of Group Contract is incorporated herein by reference to Registrant’s initial filing on Form S-1 filed on November 20, 2009. (File No. 333-163244) |
|            |   |
|   4.3 | Form of Election Form is incorporated by reference to Registrant’s Pre-Effective Amendment No. 2 filed on August 17, 2010. (File No. 333-163244) |
|            |   |
|   4.4 | Form of Certificate Endorsement is incorporated by reference to Registrant’s Post-Effective Amendment No. 1 filed on March 17, 2011. (File No. 333-163244). |
|            |   |
|   4.5 | Form of Certificate Endorsement is incorporated by reference to Registrant’s Post-Effective Amendment No. 4 filed on March 17, 2011. (File No. 333-163244). |
|            |   |
|   5   | Opinion of Beverly A. Byrne, counsel for Great-West Life & Annuity Insurance Company is incorporated by reference to Registrant’s Pre-Effective Amendment No. 2 filed on March 1, 2013. (File No. 333-163244) |
|            |   |
|   6   | Not applicable. |
|            |   |
|   7   | Not applicable. |
|            |   |
|   8   | Opinion of Great-West Life & Annuity Insurance Company is incorporated by reference to Exhibit 5 of Registrant’s Pre-Effective Amendment No. 2 filed on August 17, 2010. (File No. 333-163244). |
|            |   |
|   9   | Not applicable. |
|            |   |
| 10.1            | Form of GWLA SecureFoundation® Trust Agreement is incorporated by reference to Registrant’s Pre-Effective Amendment No. 1 to Form S-1 filed on February 9, 2010. (File No. 333-163244) |
|            |   |
| 11              | Not applicable. |
|            |   |
| 12              | Not applicable. |
|            |   |
| 13              | Not applicable. |
|            |   |
| 14              | Not applicable. |
|            |   |
| 15              | Not applicable. |
|            |   |
| 16              | Not applicable. |
|            |   |
| 17              | Not applicable. |
|            |   |
| 18              | Not applicable. |

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|        |
|--------|
|        |  |
| 19     | Not applicable. |
|   |   |
| 20     | Not applicable. |
|   |   |
| 21     | Subsidiaries of the Registrant is incorporated herein by reference to the initial filing on Form S-1 filed on November 20, 2009. (File No. 333-163244) |
|   |   |
| 22     | Not applicable. |
|   |   |
| 23.1   | Consent of Beverly A. Byrne is incorporated by reference to Registrant’s Pre-Effective Amendment No. 1 to Form S-1 filed on December 20, 2013. (File No. 333-190950). |
|   |   |
| 23.2   | Consent of Sutherland Asbill & Brennan LLP is filed herewith. |
|   |   |
| 23.3   | Consent of  Deloitte & Touche LLP is filed herewith. |
|   |   |
| 24     | Powers of Attorney for J.L. Bernbach, M.R. Coutu, O. Desmarais, P. Desmarais, Jr., P. Desmarais III, A. Louvel, P. Mahon, R.J. Orr, M. Plessis-Belair, H.P. Rousseau, R. Royer, T.T. Ryan, Jr., J. Selitto, and G.D. Tretiak are filed herewith. |
|   |   |
| 25     | Not applicable. |
|   |   |
| 26     | Not applicable. |
|   |   |
| 27     | Not applicable. |

|               |                    |
|---------------|--------------------|
| Item 17. | Undertakings.  |

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Table of Contents 

|        |
|--------|
|        |  |
|   |   |
| By:    | /s/ Robert L. Reynolds |
|   | Robert L. Reynolds |
|   | President and Chief Executive Officerof Great-West Life & Annuity Insurance Company |

----

Table of Contents 

|                                                                 |
|-----------------------------------------------------------------|
|                                                                 |  |  |
|                                                            |   |   |
| Signature                                                  | Title  | Date  |
|                                                            |   |   |
| /s/ R. Jeffrey Orr R. Jeffrey Orr*                         | Chairman of the Board | February 25, 2015 |
|                                                            |   |   |
| /s/ Robert L. Reynolds Robert L. Reynolds                  | Director, President and Chief Executive Officer | February 25, 2015 |
|                                                            |   |   |
| /s/ Louis J. Mannello, Jr. Louis J. Mannello, Jr.          | Senior Vice President and Chief Financial Officer | February 25, 2015 |
|                                                            |   |   |
| /s/ John. L. Bernbach John L. Bernbach*                    | Director | February 25, 2015 |
|                                                            |   |   |
| /s/ Marcel R. Coutu Marcel R. Coutu*                       | Director | February 25, 2015 |
|                                                            |   |   |
| ________________ A. Desmarais                              | Director |  |
|                                                            |   |   |
| /s/ Olivier Desmarais Olivier Desmarais*                   | Director | February 25, 2015 |
|                                                            |   |   |
| /s/ Paul Desmarais, Jr. Paul Desmarais, Jr.*               | Director | February 25, 2015 |
|                                                            |   |   |
| /s/ Paul Desmarais III  Paul Desmarais III*           | Director | February 25, 2015 |
|                                                            |   |   |
| /s/ Alain Louvel Alain Louvel*                             | Director | February 25, 2015 |
|                                                            |   |   |
| /s/ Paul A. Mahon Paul A. Mahon*                           | Director | February 25, 2015 |
|                                                            |   |   |
| _______________ J. E. A. Nickerson                         | Director |  |
|                                                            |   |   |
| /s/ Michel Plessis-Bélair Michel Plessis-Bélair* | Director | February 25, 2015 |
| /s/ Henri P. Rousseau Henri P. Rousseau*                   | Director | February 25, 2015 |
|                                                            |   |   |
| /s/ Raymond Royer Raymond Royer*                           | Director | February 25, 2015 |

----

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|                                                                                           |
|-------------------------------------------------------------------------------------------|
|                                                                                           |  |  |
| /s/ T. Timothy Ryan, Jr. T. Timothy Ryan, Jr.*                                       | Director | February 25, 2015 |
|                                                                                      |   |   |
| /s/ Jerome J. Selitto Jerome J. Selitto*                                             | Director | February 25, 2015 |
|                                                                                      |   |   |
| /s/ Gregory D. Tretiak Gregory D. Tretiak*                                           | Director | February 25, 2015 |
|                                                                                      |   |   |
| _______________Brian E. Walsh                                                             | Director |  |
|                                                                                      |   |   |
| * By:  /s/ Richard G. Schultz       Richard G. Schultz | * Attorney in Fact pursuant to Powers of Attorney | February 25, 2015 |