# EDGAR Filing Document

**Accession Number:** 0001007286
**File Stem:** 0001104659-26-046075
**Filing Date:** 2026-4
**Character Count:** 62123
**Document Hash:** 0a603c77a08036d5f31118a3b5b04909
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-046075.hdr.sgml**: 20260421

**ACCESSION NUMBER**: 0001104659-26-046075

**CONFORMED SUBMISSION TYPE**: 497VPU

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260421

**DATE AS OF CHANGE**: 20260421

**EFFECTIVENESS DATE**: 20260421

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VARIABLE ANNUITY 1 SERIES ACCOUNT
- **CENTRAL INDEX KEY:** 0001007286

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497VPU
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-194099
- **FILM NUMBER:** 26880141

**BUSINESS ADDRESS:**
- **STREET 1:** 8515 E ORCHARD RD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 3037373000

**MAIL ADDRESS:**
- **STREET 1:** 8515 E ORCHARD RD
- **CITY:** GREENWOOD VILLAGE
- **STATE:** CO
- **ZIP:** 80111

## Series and Classes Contracts Data

### Variable Annuity 1 Series Account (Series ID: S000000655)

| Class ID   | Class Name                                                | Ticker Symbol   |
|:---|:---|:---|
| C000141360 | Variable Annuity 1 Series Account - Schwab Advisor Choice |  |

[**TABLE OF CONTENTS**](#TOC)

#### Updating Summary Prospectus for Existing Investors

#### May 1, 2026

---

| | |
|:---|:---|
| ***Schwab Advisor Choice Variable Annuity***  | *Issued by Empower Annuity <br>Insurance Company of America <br>Variable Annuity-1 Series Account <br>P.O. Box 1854 <br>Birmingham, Alabama 35201-1854 <br>Telephone: 1(800) 838-0650*  |

---

This Updating Summary Prospectus describes the Schwab Advisor Choice Variable Annuity (the "Contract"), an individual flexible premium variable annuity contract. You should read this Updating Summary Prospectus carefully, particularly the section titled Important Information You Should Consider About the Contract.

The prospectus for the Schwab Advisory Choice Variable Annuity Contract (the "Prospectus") contains more information about the Contract, including its features, benefits, and risks. You can find the Prospectus and other information about the Contract online at www.protective.com/productprospectus. You can also obtain this information at no cost by calling 1 (800) 838-0650 or by sending an email request to prospectus@protective.com.

The Contract is designed for investors who desire to accumulate capital on a tax deferred basis for retirement or other long term investment purposes, is not a short-term investment, and is not appropraite for an investor who needs ready access to cash. The Contract is a complex investment and involves risks, including potential loss of principal. Withdrawals could result in taxes and tax penalties.

The Company's obligations under the Contract are subject to its financial strength and claims-paying ability.

Additional information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission's staff and is available at Investor.gov.

*The SEC has not approved or disapproved these securities or passed upon the adequacy of this Summary Prospectus. Any representation to the contrary is a criminial offense.*

------

[**TABLE OF CONTENTS**](#TOC)

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| [SPECIAL TERMS](#idSPECIALTERM17617)  | [3](#idSPECIALTERM17617)  |
| [UPDATED INFORMATION ABOUT YOUR CONTRACT](#idUPDATEDINFO7149)  | [5](#idUPDATEDINFO7149)  |
|  [IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT](#idIMPORTANTIN22775)  | [5](#idIMPORTANTIN22775)  |

---

 [APPENDIX — INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT](#idAPPENDIXINV104340)<sub>10</sub>

------

[**TABLE OF CONTENTS**](#TOC)

#### SPECIAL TERMS
**"We", "us", "our", "Empower", and "Company"** Refer to Empower Annuity Insurance Company of America. "You", "your" and "Owner" refer to the person(s) who has been issued a Contract.

**Annuity Account** An account we establish in your name that reflects the Owner's interests in the Sub-Accounts in both the Investment Segment and the Income Segment.

**Annuity Account Value** The sum of the value of each Sub-Account you have selected in both the Investment Segment and Income Segment. The Annuity Account Value is credited with a return based upon the investment experience of the Sub-Account(s) selected by you and will increase and decrease accordingly.

**Annuity Commencement Date** The date annuity payouts begin, which is either the Payout Election Date or the Annuitant's 99th birthday if no Payout Election Date has been established. You may change the Annuity Commencement Date if annuity payouts have not already begun. Upon death of the Owner, the Beneficiary may change the Annuity Commencement Date only if the Beneficiary is the Owner's surviving Spouse and elects to continue the Contract. The Annuity Commencement Date must occur prior to or on the Annuitant's 99th birthday.

**Benefit Base** For purposes of the GLWB Rider, the amount that is multiplied by the Guaranteed Annual Withdrawal Percentage to calculate the Guaranteed Annual Withdrawal. The Benefit Base increases dollar-for-dollar upon any GLWB Rider Contribution and is reduced proportionately for any Excess Withdrawal. The Benefit Base can also increase with positive Covered Fund performance on the Ratchet Date and may also be adjusted on the Ratchet Date. The Benefit Base may not exceed $5 million. Any Covered Fund Value over $5 million will be considered excess Covered Fund Value and will not be used to calculate Guaranteed Annual Withdrawals.

**Consultant** Your designated investment manager or financial advisor.

**Contributions** Amounts of money you invest or deposit into your Annuity Account.

**Covered Funds** Interests in Sub-Account(s) designated for the Income Segment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Empower Conservative Profile Fund — Investor Class Shares

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Empower Moderate Profile Fund — Investor Class Shares

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Empower Moderately-Conservative Profile Fund — Investor Class Shares

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Empower SecureFoundation<sup>®</sup> Balanced Fund — Investor Class Shares

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Any other Portfolio we approve for the GLWB

**Covered Fund Value** The aggregate value of each Covered Fund.

**Death Benefit** The amount payable to the Beneficiary when the Owner or the Annuitant dies, as applicable.

**Excess Withdrawal** An amount either distributed or transferred from the Covered Funds during the GLWB Accumulation Phase or any amount combined with all other amounts that exceed the annual GAW during the GAW Phase that reduces your Benefit Base. The Guarantee Benefit Fee, the M&E Charge, and up to 1.5% annually of Covered Fund Value to pay for Consultant Fees shall not be treated as a Distribution or Excess Withdrawal for this purpose. Withdrawals from the Covered Funds in the Income Segment to pay Consultant fees up to 1.5% annually of the Covered Fund Value will not be considered an Excess Withdrawal; withdrawals to pay Consultant fees will be considered an Excess Withdrawal to the extent they exceed 1.5% annually of the Covered Fund Value, and would reduce your Benefit Base and GAWs under the GLWB Rider. Withdrawals to pay Consultant fees may be taken from assets held in the Investment Segment or from other assets managed by your Consultant, if any, rather than from assets held in the Income Segment to avoid being considered an Excess Withdrawal thus reducing your benefits under the GLWB Rider. You should consult a competent tax advisor prior to authorizing a withdrawal from your Annuity Account to pay Consultant fees.

**Guaranteed Lifetime Withdrawal Benefit (GLWB)** A payment option offered by the GLWB Rider that pays Installments during the life of the Covered Person(s). The Covered Person(s) will receive periodic payments in either monthly, quarterly, semiannual, or annual Installments that in total over a 12-month period equal the GAW, without causing an Excess Withdrawal.

**GLWB Rider** The Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider issued to the Owner which specifies the benefits, rights, privileges, and obligations of the Owner and Empower in the Income Segment, as modified by the Rate

------

[**TABLE OF CONTENTS**](#TOC)

Sheet Supplement applicable on the date you signed the application to purchase the Contract. The GLWB Rider is initiated by allocating Contributions to the Income Segment Covered Funds. All guarantees are subject to the claims paying ability of Empower. The GAW% and Joint GAW% are disclosed in a Rate Sheet Supplement to the Prospectus applicable on the date you signed the application to purchase the Contract. For the GAW% and Joint GAW% applicable to you, please see the Appendix entitled "Guaranteed Annual Withdrawal Percentages from Rate Sheet Supplements" at the end of the Prospectus.

**GLWB Rider Contributions** Owner-directed amounts received and allocated to the Owner's Covered Funds in the Income Segment, including but not limited to Transfers from other assets in the Contract. If this Contract is a Qualified Annuity Contract, GLWB Rider Contributions may also include rollovers as defined under Section 402(c), 403(b)(8), 408(d)(3) and 457(e)(16) of the Code. Reinvested dividends, capital gains, and settlements arising from the Covered Funds will not be considered GLWB Rider Contributions for the purpose of calculating the Benefit Base but will affect the Covered Fund Value. We reserve the right to stop accepting GLWB Rider Contributions at any time and will provide the Owner with a 30 day notice.

**Income Segment** Assets allocated to the Sub-Account(s) associated with the optional GLWB Rider attached to the Contract.

**Installments** Periodic payments of the GAW that in total over a year can equal up to the GAW without causing an Excess Withdrawal.

**Investment Segment** Assets allocated to the Sub-Accounts not associated with the optional GLWB Rider attached to the Contract.

**Mortality and Expense Risk Charge (M&E Charge)** An amount deducted from your Annuity Account Value at the end of each valuation period to compensate Empower for bearing certain mortality and expense risks under the Contract.

**Owner (Joint Owner) or You** The person(s) named in the application who is entitled to exercise all rights and privileges under the Contract, while the Annuitant is living. Joint Owners must be one another's Spouse as of the Effective Date and must both be natural persons. The Annuitant will be the Owner unless otherwise indicated in the application. If the Contract is intended to be held as a Qualified Annuity Contract, the Owner must be the Annuitant and a Joint Owner is not permitted. The Owner must be either a natural person, a Grantor Trust, or a Non-Grantor Trust. If the Owner is a Grantor Trust, all references to the life, age or death of the Owner shall pertain to the life, age or death of the Grantor(s). If the Owner is a Non-Grantor Trust, all references to the life, age, or death of the Owner pertain to the life, age, or death of the Annuitant, and where there are Joint Annuitants, shall pertain to the older Joint Annuitant. If there is a change of ownership of the Contract from a Non-Grantor Trust to a natural person, the original Annuitant and/or Joint Annuitant shall continue to determine any benefits under the Contract and GLWB Riders.

**Portfolio** A registered management investment company, or portfolio or series thereof, in which the assets of the Series Account may be invested.

**Qualified Annuity Contract** An annuity contract that is intended to qualify under Sections 408(b) (IRAs) or 408A (Roth IRAs) of the Code. We may issue this Contract as a Qualified Annuity Contract, in which case, under the Code, assignment of the Contract and GLWB Rider is not permitted.

**Request** Any written, telephoned, electronic or computerized instruction in a form satisfactory to Empower that the Service Center receives from you, your designee (as specified in a form acceptable to Empower) or the Beneficiary (as applicable) as required by any provision of the Contract. The Request is subject to any action taken or payment made by Empower before it is processed.

**Series Account** Variable Annuity-1 Series Account, the segregated asset account established by Empower under Colorado law and registered as a unit investment trust under the Investment Company Act of 1940, as amended (the "1940 Act").

**Service Center** You may write to us at our administrative office at P.O. Box 1854 Birmingham, Alabama 35201-1854 (Regular Mail); 2801 Highway 280 South, Birmingham, Alabama 35223 (Overnight Mail); or call us toll free at (800) 838-0650.

**Sub-Account** A division of the Series Account containing the shares of a Portfolio in the Investment Segment, the Income Segment, or both. There is a Sub-Account for each Portfolio. We may also refer to a Sub-Account as an "investment option" in the Prospectus, SAI, or Series Account financial statements, or a "subaccount" in marketing materials.

**Transfer** Moving amounts from and among the Sub-Account(s).

------

[**TABLE OF CONTENTS**](#TOC)

#### UPDATED INFORMATION ABOUT YOUR CONTRACT
The information in this section of the Updating Summary Prospectus is a summary of certain Contract features that have changed since the Prospectus dated May 1, 2025. This may not reflect all of the changes that have occurred since you entered into your Contract.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All of the LVIP Macquarie funds changed their name to remove Macquarie and was replaced with Nomura in the fund name. Macquarie Investment Management Global Limited was also removed as the sub-adviser for the various LVIP Macquarie funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Neuberger Berman AMT Sustainable Equity Portfolio changed its name to the Neuberger Berman AMT Quality Equity Portfolio.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Invesco<sup>®</sup> Oppenheimer V.I. International Growth Fund changed its name to the Invesco<sup>®</sup> V.I. International Growth Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lazard Asset Management LLC was removed as an investment manager and Aristotle Capital Management, LLC and Harris Associates L.P. was added as an investment adviser to the Vanguard<sup>®</sup> VIF Diversified Value Portfolio.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Columbia Large Cap Growth Fund changed its name to the Columbia Cornerstone Growth Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Columbia Small Cap Value Fund changed its name to the Columbia Small Cap Value Discovery Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The MFS<sup>®</sup> VIT II International Intrinsic Value Portfolio changed its name to the MFS<sup>®</sup> VIT II International Intrinsic Equity Portfolio.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The LVIP American Century Disciplined Core Value Fund changed its name to the LVIP Avantis Large Cap Value Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ClearBridge Variable Large Cap Growth Portfolio was reorganized into LVIP ClearBridge Large Cap Growth Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All of the Macquarie VIP funds changed their name to remove Macquarie and was replaced with Nomura in the fund name. Macquarie Investment Management Global Limited was also removed as the sub-adviser for the various Macquarie funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The American Funds Insurance Series<sup>®</sup> - Global Small Capitalization Fund changed its name to the American Funds Insurance Series<sup>®</sup> – SMALLCAP World Fund<sup>®</sup>. The American Funds Insurance Series<sup>®</sup> International Fund changed its name to the American Funds Insurance Series<sup>®</sup> – EUPAC Fund™.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Vanguard Variable Insurance Funds - Capital Growth Portfolio will change its name to the Vanguard Variable Insurance Funds - PRIMECAP Portfolio on or about May 12, 2026.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; For updated Fund performance and fee information please see APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT.

#### IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT

---

| | |
|:---|:---|
| **FEES, EXPENSES, AND ADJUSTMENTS** | **FEES, EXPENSES, AND ADJUSTMENTS** |
| **Are There Charges or Adjustments for Early Withdrawals?** | **No. There are no charges for surrenders or partial withdrawals prior to the Annuity Commencement Date.**  |
| **Are There Transaction Charges?** | **Yes. There are no Transfer Charges currently, but we reserve the right to charge $25 per transfer.<br> For additional information about transaction charges, see "FEE TABLE" in the Prospectus.**  |

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[**TABLE OF CONTENTS**](#TOC)

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| | |
|:---|:---|
| **FEES, EXPENSES, AND ADJUSTMENTS** | **FEES, EXPENSES, AND ADJUSTMENTS** |
| **Are There Ongoing Fees and Expenses?** | **Yes.** The table below describes the fees and expenses that you may pay *each year*, depending on the options you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected. Fees and expenses in the table do not reflect any Consultant fees paid from Annuity Account Value or other assets of the Owner and if such charges were reflected, the fees and expenses would be higher. |

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| | | |
|:---|:---|:---|
| **Annual Fee**  | **Minimum**  | **Maximum**  |
| Base contract <sup>(1)</sup> | 0.49% | 0.49% |
| Investment options (Portfolio fees and expenses) <sup>(2)</sup> | 0.03% | 3.38% |
| Optional Guaranteed Lifetime Withdrawal Benefit Riders available for an additional charge (for a single optional benefit, if elected) |  |  |
| &nbsp;&nbsp;&nbsp; For Contract applications signed before May 1, 2017 <sup>(3)</sup> | 0.95% | 1.50% |
| &nbsp;&nbsp;&nbsp; For Contract applications signed on or after May 1, 2017 <sup>(4)</sup> | 0.90% | 1.50% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>(1)</sup>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We calculate the Base Contract fee by dividing the total amount we receive from the Mortality and Expense Risk Charge for the last fiscal year by the total average net assets attributable to the Contracts for that year.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>(2)</sup>

 *As a percentage of Portfolio Assets.* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>(3)</sup>

 *Charges are assessed quarterly, as a percentage of the current Covered Fund Value.* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>(4)</sup>

 *Charges are assessed quarterly, as a percentage of the current Benefit Base.* 

Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand that cost of owning your Contract, the following table shows the lowest and highest cost you could pay *each year*, based on current charges. This estimate assumes that you do not take withdrawals from the Contract.

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| | |
|:---|:---|
| **Lowest Annual Cost: <br>$520**  | **Highest Annual Cost: <br>$5,570**  |
| Assumes: | Assumes: |
| &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment of $100,000 <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5% annual appreciation of the Annuity Account Value<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Least expensive combination of Portfolio fees and expenses<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No optional GLWB Rider<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No sales charges<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No additional purchase payments, transfers or withdrawals <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No Consultant fees<br>| &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment of $100,000<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5% annual appreciation of the Annuity Account Value<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Most expensive combination of GLWB Rider and Covered Funds or Portfolio fees and expenses<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No sales charges<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No additional Purchase Payments, transfers, or withdrawals<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No Consultant fees<br>|

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| | |
|:---|:---|
| **RISKS** | **RISKS** |
| **Is There a Risk of Loss from Poor Performance?** | **Yes. You can lose money by investing in this Contract, including loss of principal.<br> For additional information about the risk of loss, see "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" in the Prospectus.**  |

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[**TABLE OF CONTENTS**](#TOC)

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| | |
|:---|:---|
| **RISKS** | **RISKS** |
| **Is this a Short-Term Investment?** | **No.** This Contract is a long-term investment and is typically most useful as part of a personal retirement plan. It is not suitable as a vehicle for short-term savings and is not appropriate for an investor who needs ready access to cash. If you elect to have Consultant fees paid out of your Annuity Account Value, this deduction will reduce your Death Benefit and other guaranteed benefits. Early withdrawals may be subject to federal and state income taxes and a 10% federal additional tax if you are younger than 59½. <br> For additional information about the investment profile of the Contract, see "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT," "DEDUCTIONS TO PAY CONSULTANT FEES" and "OVERVIEW OF THE VARIABLE ANNUITY CONTRACT" in the Prospectus. |
| **What Are the Risks Associated with Investment Options?** | An investment in the Contract is subject to the risk of poor investment performance and can vary depending on the investment performance of the Portfolios corresponding to the Sub-Accounts you select.<br> Each Portfolio has its own unique risks.<br> You should review the prospectuses for the Portfolios before making an investment decision.<br> For additional information about the risks associated with Investment Options, see "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT," "THE PORTFOLIOS" and "WHERE TO FIND MORE INFORMATION ABOUT THE PORTFOLIOS" in the Prospectus. |
| **What Are the Risks Related to the Insurance Company?** | An investment in the Contract is subject to the risks related to Empower, including that any obligations, guarantees, and benefits of the Contract are subject to the claims-paying ability of Empower. More information about Empower, including its financial strength ratings, is available upon request from Empower by contacting the Retirement Resource Operations Center at (800) 838-0650.<br> For additional information about Company risks, see "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" and "EMPOWER ANNUITY INSURANCE COMPANY OF AMERICA" in the Prospectus. |

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| | |
|:---|:---|
| **RESTRICTIONS** | **RESTRICTIONS** |
| **Are There Restrictions on the Investment Options?** | **Yes.** Currently, there is no charge when you transfer Annuity Account Value among the Sub-Accounts. However, we reserve the right to charge $25 for each transfer in the future.<br> If you transfer any amount from a Covered Fund to an investment option that is not a Covered Fund, you will be unable to make any transfers into a Covered Fund for at least 90 calendar days.<br> In addition, we reserve the right to reject or restrict transfers if we determine that the transfers reflect excessive frequent trading or a market timing strategy, or we are required to reject or restrict a transfer by the applicable Portfolio.<br> Empower also reserves the right to discontinue or substitute any Portfolio as an investment option that is available under the Contract.<br> For additional information about Investments, see "ADDITION, DELETION, OR SUBSTITUTION OF SUB-ACCOUNTS","GUARANTEED LIFETIME WITHDRAWAL BENEFIT","TRANSFERS", and "MARKET TIMING AND EXCESSIVE TRADING" in the Prospectus. |

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|:---|:---|
| **RESTRICTIONS** | **RESTRICTIONS** |
| **Are There any Restrictions on Contract Benefits?** | **Yes.** Excess Withdrawals will reduce your Covered Fund Value and may reduce the value of your Benefit Base by an amount greater than the value withdrawn or result in termination of the Guaranteed Lifetime Withdrawal Benefit ("GLWB"). If you elect to have Consultant fees paid out of your Annuity Account Value, this deduction will reduce your Death Benefit and other guaranteed benefits. If deductions of Consultant fees from Covered Fund(s) in the Income Segment exceed 1.5% of Covered Fund Value annually, the amount in excess of the 1.5% annual limit is considered an Excess Withdrawal, and may reduce or terminate your benefits under the GLWB Rider.<br> The GLWB Rider requires you to allocate Annuity Account Value to the Covered Funds available under the Income Segment. The number and type of Covered Funds are limited. If you fail to satisfy these investment requirements, we may terminate the benefit. In addition, if you transfer any amount from a Covered Fund to an investment option that is not a Covered Fund, you will be unable to make any transfers into a Covered Fund for at least 90 calendar days.<br> If you annuitize your Contract before Installments under the GLWB Rider have begun, the entire Annuity Account Value will be annuitized and any benefit under the Rider will terminate.<br> Empower reserves the right to refuse to accept additional GLWB Rider Contributions to the Covered Fund(s).<br> The Benefit Base may not exceed $5 million.<br> For additional information about the optional benefits, see "GUARANTEED LIFETIME WITHDRAWAL BENEFIT" and "DEDUCTIONS TO PAY CONSULTANT FEES" in the Prospectus. |

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|:---|:---|
| **TAXES** | **TAXES** |
| **What Are the Contract's Tax Implications?** | You should consult with a tax professional to determine the tax implications of an investment in, payments received under, and other transactions in connection with the Contract.<br> If you purchase the Contract through a tax-qualified plan or individual retirement arrangement (IRA), you do not get any additional tax deferral. Generally, all earnings on the investments underlying the Contract are tax-deferred until distributed or deemed distributed. A distribution from a non-Qualified Contract, which includes a surrender, withdrawal, payment of a death benefit, or annuity income payments, will generally result in taxable income if there has been an increase in the Contract Value. In the case of a Qualified Contract, a distribution generally will result in taxable income even if there has not been an increase in the Contract Value. In certain circumstances, a 10% additional tax may also apply if the Owner takes a withdrawal before age 59½. All amounts includable in income with respect to the Contract are taxed as ordinary income; no amounts are taxed at the special lower rates applicable to long term capital gains and corporate dividends. If you elect to have Consultant Fees paid out of your Contract Value, this deduction may be subject to federal and state income taxes and a 10% federal additional tax if you are younger than age 59 1/2. <br> For additional information about tax implications, see "DEDUCTIONS TO PAY CONSULTANT FEES" "TAX CONSEQUENCES OF WITHDRAWALS," and "TAXATION OF ANNUITIES IN GENERAL" in the Prospectus. |

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|:---|:---|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** |
| **How Are Investment Professional Compensated?** | Some investment professionals have received compensation for promoting and selling this Contract to you in the form of marketing allowances, promotional incentives, cash, and other compensation. Some investment professionals continue to receive Consultant fees based on Annuity Account Value under the Contract. These investment professionals may have a financial incentive to continue to recommend investment in the Contract over another investment.<br> For additional information about compensation, see "DISTRIBUTION OF THE CONTRACTS" in the Prospectus. |

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|:---|:---|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** |
| **Should I Exchange My Contract?** | Some investment professionals may have a financial incentive to offer you a new contract in place of the one you own. You should only exchange your current Contract if you determine, after comparing the features, fees, and risks of both contracts, that it is better for you to purchase the new contract rather than continue to own your existing Contract. |

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#### APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT
The following is a list of Portfolios available under the Contract. More information about the Portfolios is available in the prospectuses for the Portfolios, which may be amended from time to time and can be found online at www.protective.com/eprospectus. You can also request this information at no cost by calling 855-920-9713 or by sending an email request to prospectus@protective.com. Depending on the optional benefits you choose, you may not be able to invest in certain Portfolios.

The current expenses and performance information below reflects fee and expenses of the Portfolios, but do not reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Portfolio's past performance is not necessarily an indication of future performance.

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|:---|:---|:---|:---|:---|:---|
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  | **1 Year**  | **5 Year**  | **10 Year**  |
| **Investment Segment Portfolios** | **Investment Segment Portfolios** | **Investment Segment Portfolios** | **Investment Segment Portfolios** | **Investment Segment Portfolios** | **Investment Segment Portfolios** |
| U.S. Equity | AB Variable Products Series Fund, Inc. - Discovery Value Portfolio - Class A - AllianceBernstein L.P. | 0.82% | 2.89% | 8.75% | 8.55% |
| U.S. Equity | AB Variable Products Series Fund, Inc. - Large Cap Growth Portfolio - Class A - AllianceBernstein L.P. | 0.65% | 13.13% | 12.04% | 16.17% |
| U.S. Equity | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AB Variable Products Series Fund, Inc. - Relative Value Portfolio - Class A - AllianceBernstein L.P. <br> <sup>(1)(2)</sup>  | 0.60% | 10.47% | 11.42% | 10.57% |
| U.S. Equity | Alger Capital Appreciation Portfolio - Class I-2 | 0.94% | 32.87% | 16.33% | 18.17% |
| U.S. Equity | Alger Large Cap Growth Portfolio - Class I-2 <sup>(1)(2)</sup> | 0.85% | 30.27% | 11.12% | 16.73% |
| U.S. Equity | Alger Mid Cap Growth Portfolio - Class I-2<sup>(1)(2)</sup>  | 0.92% | 16.77% | 3.01% | 11.68% |
| U.S. Equity | Allspring VT Discovery SMID Cap Growth Fund - Class 2<sup>(1)</sup> | 1.15% | 5.39% | -2.46% | 9.94% |
| U.S. Equity | Allspring VT Opportunity Fund - Class 2<sup>(1)</sup> | 1.00% | 6.71% | 8.94% | 11.85% |
| International <br>Equity | ALPS/Global Opportunity Portfolio - Class I<sup>(1)</sup> | 1.41% | 1.55% | 6.62% | 9.71% |
| Taxable Bond | American Funds Insurance Series<sup>®</sup> Capital World Bond Fund<sup>®</sup> - Class 2 - Capital Research and Management Company | 0.73% | 9.39% | -2.50% | 1.23% |
| International <br>Equity | American Funds Insurance Series<sup>®</sup> EUPAC Fund™ - Class 4 - Capital Research and Management Company<sup>(1)</sup> (formerly, American Funds Insurance Series<sup>®</sup> International Fund) | 0.72% | 26.77% | 3.40% | 7.00% |
| International <br>Equity | American Funds Insurance Series<sup>®</sup> Global Growth Fund - Class 1 - Capital Research and Management Company<sup>(1)</sup> | 0.40% | 21.98% | 8.51% | 12.46% |
| U.S. Equity | American Funds Insurance Series<sup>®</sup> Growth-Income Fund - Class 4 - Capital Research and Management Company | 0.78% | 17.77% | 13.62% | 13.63% |
| International <br>Equity | American Funds Insurance Series<sup>®</sup> New World Fund<sup>®</sup> - Class 2 - Capital Research and Management Company<sup>(1)</sup> | 0.82% | 28.29% | 5.33% | 9.25% |
| International <br>Equity | American Funds Insurance Series<sup>®</sup> SMALLCAP World Fund<sup>®</sup> - Class 2 - Capital Research and Management Company<sup>(1)</sup> (formerly, American Funds Insurance Series<sup>®</sup> Global Small Capitalization Fund) | 0.90% | 14.64% | 0.49% | 7.23% |
| Taxable Bond | American Funds Insurance Series<sup>®</sup> The Bond Fund of America<sup>®</sup> - Class 2 - Capital Research and Management Company<sup>(1)</sup> | 0.47% | 7.26% | -0.14% | 2.36% |
| Allocation | BlackRock 60/40 Target Allocation ETF V.I. Fund - Class III<sup>(1)</sup> | 0.58% | 15.37% | 7.05% | 8.45% |
| Allocation | BlackRock Global Allocation V.I. Fund - Class I<sup>(1)</sup> | 0.76% | 19.80% | 5.79% | 7.59% |
| U.S. Equity | BNY Mellon Investment Portfolios: MidCap Stock Portfolio - Initial Shares - *Newton Investment Management North America, LLC*<sup>(1)(2)</sup> | 0.80% | 10.07% | 9.67% | 8.78% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  | **1 Year**  | **5 Year**  | **10 Year**  |
| U.S. Equity | BNY Mellon Variable Investment Fund: Appreciation Portfolio - Initial Shares - *Fayez Sarofim & Company*<sup>(2)</sup> | 0.85% | 10.07% | 9.37% | 12.92% |
| U.S. Equity | BNY Mellon Variable Investment Fund: Growth and Income Portfolio - Initial Shares - *Newton Investment Management North America, LLC*<sup>(1)(2)</sup> | 0.70% | 16.83% | 14.22% | 14.66% |
| U.S. Equity | ClearBridge Variable Mid Cap Portfolio - Class I - Franklin Templeton Fund Adviser, LLC  | 0.82% | 4.35% | 4.50% | 7.50% |
| U.S. Equity | ClearBridge Variable Small Cap Growth Portfolio - Class I - Franklin Templeton Fund Adviser, LLC  | 0.81% | 9.23% | -0.17% | 9.38% |
| U.S. Equity | Columbia Variable Portfolio - Cornerstone Growth Fund - Class 2 (formerly, Columbia Variable Portfolio - Large Cap Growth Fund) | 0.97% | 15.85% | 13.75% | 15.69% |
| International <br>Equity | Columbia Variable Portfolio - Emerging Markets Fund - Class 2<sup>(1)</sup> | 1.34% | 30.87% | -1.37% | 7.00% |
| Sector Equity | Columbia Variable Portfolio - Seligman Global Technology Fund - Class 2<sup>(1)</sup> | 1.18% | 34.37% | 18.42% | 22.70% |
| U.S. Equity | Columbia Variable Portfolio - Small Cap Value Discovery Fund - Class 2 <sup>(1)(2)</sup> (formerly, Columbia Variable Portfolio - Small Cap Value Fund)  | 1.13% | 14.66% | 12.19% | 11.20% |
| U.S. Equity | Dimensional VA U.S. Targeted Value Portfolio - Institutional Class  | 0.29% | 8.95% | 13.60% | 11.00% |
| U.S. Equity | DWS Capital Growth VIP - Class A | 0.49% | 12.53% | 10.92% | 15.29% |
| U.S. Equity | DWS Core Equity VIP - Class A | 0.59% | 16.83% | 13.27% | 13.53% |
| U.S. Equity | DWS CROCI<sup>®</sup> U.S. VIP - Class A <sup>(1)(2)</sup> | 0.71% | 17.19% | 12.30% | 8.17% |
| International <br>Equity | DWS Global Small Cap VIP - Class A<sup>(1)(2)</sup>  | 0.87% | 20.51% | 6.74% | 6.70% |
| U.S. Equity | *DWS Small Cap Index VIP - Class A - Northern Trust Investments, Inc.<sup>(1)</sup>* | 0.37% | 12.64% | 5.84% | 9.33% |
| U.S. Equity | DWS Small Mid Cap Growth VIP - Class A<sup>(2)</sup> | 0.85% | 8.11% | 2.05% | 7.34% |
| U.S. Equity | DWS Small Mid Cap Value VIP - Class A <sup>(1)(2)</sup> | 0.80% | 18.21% | 9.66% | 7.57% |
| Allocation | Empower Aggressive Profile Fund - Investor Class | 1.13% | 17.42% | 9.27% | 10.20% |
| Taxable Bond | Empower Bond Index Fund - Investor Class *- Franklin Advisers, Inc. and Franklin Advisory Services, LLC* | 0.49% | 6.62% | -1.00% | 1.43% |
| International <br>Equity | *Empower International Index Fund - Investor Class - Irish Life Investment Managers Limited* | 0.58% | 30.92% | 8.38% | 7.73% |
| International <br>Equity | *Empower International Value Fund - Investor Class - LSV Asset Management; Massachusetts Financial Services Company<sup>(1)</sup>* | 1.07% | 39.10% | 10.23% | 9.23% |
| Allocation | Empower Lifetime 2015 Fund - Investor Class<sup>(1)</sup> | 0.74% | 10.14% | 4.24% | 6.01% |
| Allocation | Empower Lifetime 2020 Fund - Investor Class<sup>(1)</sup> | 0.76% | 10.69% | 4.53% |  |
| Allocation | Empower Lifetime 2025 Fund - Investor Class<sup>(1)</sup> | 0.79% | 11.70% | 4.96% | 6.98% |
| Allocation | Empower Lifetime 2030 Fund - Investor Class<sup>(1)</sup> | 0.81% | 12.97% | 5.63% |  |
| Allocation | Empower Lifetime 2035 Fund - Investor Class<sup>(1)</sup> | 0.83% | 14.35% | 6.46% | 8.45% |
| Allocation | Empower Lifetime 2040 Fund - Investor Class<sup>(1)</sup> | 0.85% | 15.68% | 7.28% |  |
| Allocation | Empower Lifetime 2045 Fund - Investor Class | 0.88% | 16.71% | 7.82% | 9.47% |
| Allocation | Empower Lifetime 2050 Fund - Investor Class | 0.88% | 17.26% | 8.03% |  |
| Allocation | Empower Lifetime 2055 Fund - Investor Class<sup>(1)</sup> | 0.88% | 17.71% | 8.05% | 9.58% |
| Allocation | Empower Lifetime 2060 Fund - Investor Class<sup>(1)</sup> | 0.88% | 17.91% | 8.01% |  |
| U.S. Equity | Empower Mid Cap Value Fund - Investor Class - *Goldman Sachs Asset Management, L.P.*<sup>(1)</sup> | 1.05% | 8.32% | 10.63% | 9.40% |
| Allocation | Empower Moderately Aggressive Profile Fund - Investor Class<sup>(1)</sup> | 1.13% | 13.79% | 7.01% | 8.20% |
| Taxable Bond | Empower Multi-Sector Bond Fund - Investor Class - *Loomis, Sayles & Company, L.P.; Virtus Fixed Income Advisers, LLC*<sup>(1)</sup> | 0.90% | 7.98% | 1.83% | 4.35% |

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|:---|:---|:---|:---|:---|:---|
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  | **1 Year**  | **5 Year**  | **10 Year**  |
| U.S. Equity | Empower Small Cap Value Fund - Investor Class - *Hotchkis & Wiley Capital Management, LLC; Loomis, Sayles & Company, L.P.*<sup>(1)</sup> | 1.09% | 4.08% | 9.30% | 8.79% |
| U.S. Equity | Empower T. Rowe Price Mid Cap Growth Fund - Investor Class<sup>(1)</sup> | 1.02% | 2.99% | 3.61% | 9.64% |
| Taxable Bond | Federated Hermes Fund for US Government Securities II - Primary Class<sup>(1)</sup> | 0.78% | 6.80% | -0.84% | 1.06% |
| U.S. Equity | Franklin Small Cap Value VIP Fund - Class 2<sup>(1)</sup> | 0.91% | 7.65% | 8.86% | 9.81% |
| U.S. Equity | Invesco<sup>®</sup> V.I. Comstock Fund - Series I | 0.75% | 17.45% | 15.43% | 11.95% |
| International <br>Equity | Invesco<sup>®</sup> V.I. EQV International Equity Fund - Series I  | 0.90% | 16.50% | 3.68% | 6.22% |
| International <br>Equity | Invesco<sup>®</sup> V.I. Global Fund - Series I | 0.81% | 15.32% | 7.28% | 11.00% |
| U.S. Equity | Invesco<sup>®</sup> V.I. Growth and Income Fund - Series I<sup>(2)</sup> | 0.75% | 15.62% | 12.85% | 10.73% |
| Taxable Bond | Invesco<sup>®</sup> V.I. High Yield Fund - Series I | 0.92% | 6.73% | 3.64% | 4.83% |
| International <br>Equity | Invesco<sup>®</sup> V.I. International Growth Fund - Series I <sup>(1)(2)</sup> (formerly, Invesco<sup>®</sup> Oppenheimer V.I. International Growth Fund) | 1.00% | 16.32% | 2.15% | 5.64% |
| U.S. Equity | Invesco<sup>®</sup> V.I. Main Street Mid Cap Fund<sup>®</sup> - Series I <sup>(2)</sup> | 0.94% | 9.19% | 9.11% | 9.35% |
| U.S. Equity | Invesco<sup>®</sup> V.I. Main Street Small Cap Fund<sup>®</sup> - Series I | 0.84% | 8.70% | 8.34% | 10.59% |
| U.S. Equity | Invesco<sup>®</sup> V.I. Small Cap Equity Fund - Series I<sup>(2)</sup> | 0.96% | 8.05% | 7.32% | 9.55% |
| Sector Equity | Invesco<sup>®</sup> V.I. Technology Fund - Series I <sup>(2)</sup> | 0.96% | 20.47% | 10.30% | 15.78% |
| Allocation | Janus Henderson Balanced Portfolio - Institutional Shares | 0.62% | 15.11% | 8.48% | 10.14% |
| Taxable Bond | Janus Henderson Flexible Bond Portfolio - Institutional Shares<sup>(1)</sup> | 0.57% | 7.40% | -0.23% | 2.32% |
| International <br>Equity | Janus Henderson Global Research Portfolio - Institutional Shares | 0.82% | 20.92% | 12.51% | 12.93% |
| Sector Equity | Janus Henderson Global Technology and Innovation Portfolio - Institutional Shares | 0.73% | 25.15% | 13.71% | 21.48% |
| International <br>Equity | Lazard Retirement Emerging Markets Equity Portfolio - Service Shares<sup>(1)</sup> | 1.38% | 41.77% | 10.76% | 9.35% |
| Taxable Bond | Lord Abbett Series Fund - Short Duration Income Portfolio - Class VC | 0.72% | 5.90% | 2.25% | 2.62% |
| Allocation | LVIP American Century Balanced Fund - Standard Class II - Lincoln Financial Investments Corporation<sup>(1)</sup> | 0.77% | 9.62% | 6.49% | 8.03% |
| International <br>Equity | LVIP American Century International Fund - Standard Class II - Lincoln Financial Investments Corporation<sup>(1)</sup> | 0.95% | 15.98% | 1.85% | 6.42% |
| U.S. Equity | LVIP American Century Mid Cap Value Fund - Service Class - Lincoln Financial Investments Corporation<sup>(1)</sup> | 1.01% | 8.83% | 8.72% | 8.96% |
| U.S. Equity | LVIP American Century Value Fund - Standard Class II - Lincoln Financial Investments Corporation<sup>(1)</sup> | 0.71% | 16.02% | 11.65% | 10.23% |
| U.S. Equity | LVIP Avantis Large Cap Value Fund - Standard Class II - Lincoln Financial Investments Corporation<sup>(1)</sup> (formerly LVIP American Century Disciplined Core Value Fund) | 0.71% | 14.86% | 8.78% | 10.39% |
| U.S. Equity | LVIP Baron Growth Opportunities Fund - Service Class - Lincoln Financial Investments Corporation - *BAMCO Inc.*<sup>(1)</sup> | 1.15% | -10.08% | -0.33% | 8.78% |
| U.S. Equity | LVIP BlackRock Equity Dividend Fund - Standard Class - Lincoln Financial Investments Corporation<sup>(1)</sup> | 0.66% | 13.43% | 8.30% | 8.58% |

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|:---|:---|:---|:---|:---|:---|
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  | **1 Year**  | **5 Year**  | **10 Year**  |
| U.S. Equity | LVIP ClearBridge Large Cap Growth Fund – Standard Class – Franklin Templeton Fund Adviser, LLC<sup>(1)</sup> (formerly ClearBridge Variable Large Cap Growth Portfolio - Class I) | 0.74% | 8.62% | 10.57% | 14.46% |
| Taxable Bond | LVIP JPMorgan Core Bond Fund - Standard Class - Lincoln Financial Investments Corporation | 0.46% | 7.40% | -0.04% | 2.11% |
| U.S. Equity | LVIP JPMorgan Small Cap Core Fund - Standard Class - Lincoln Financial Investments Corporation | 0.77% | 10.27% | 6.40% | 8.95% |
| U.S. Equity | LVIP Nomura SMID Cap Core Fund - Standard Class - Lincoln Financial Investments Corporation<sup>(1)</sup> (formerly, LVIP Macquarie SMID Cap Core Fund - Standard Class)  | 0.80% | 8.85% | 9.10% | 9.65% |
| U.S. Equity | MFS<sup>®</sup> VIT II Core Equity Portfolio - Service Class - Massachusetts Financial Services Company<sup>(1)</sup> | 1.03% | 12.22% | 11.26% | 13.53% |
| International <br>Equity | MFS<sup>®</sup> VIT II International Growth Portfolio - Initial Class - Massachusetts Financial Services Company<sup>(1)</sup> | 0.88% | 21.12% | 7.07% | 9.88% |
| International <br>Equity | MFS<sup>®</sup> VIT II International Intrinsic Equity Portfolio - Service Class - Massachusetts Financial Services Company<sup>(1)</sup> (formerly MFS<sup>®</sup> VIT II International Intrinsic Value Portfolio - Service Class)  | 1.14% | 32.96% | 7.02% | 9.68% |
| U.S. Equity | MFS<sup>®</sup> VIT III Blended Research<sup>®</sup> Small Cap Equity Portfolio - Initial Class - Massachusetts Financial Services Company<sup>(1)</sup> | 0.58% | 5.76% | 6.92% | 9.10% |
| U.S. Equity | MFS<sup>®</sup> VIT III Mid Cap Value Portfolio - Initial Class - Massachusetts Financial Services Company<sup>(1)</sup> | 0.79% | 5.98% | 10.18% | 9.95% |
| Sector Equity | MFS<sup>®</sup> VIT Utilities Series - Service Class - Massachusetts Financial Services Company<sup>(1)(2)</sup> | 1.03% | 14.76% | 7.38% | 9.22% |
| U.S. Equity | Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio - Class S<sup>(1)(2)</sup> | 1.10% | 11.34% | 9.83% | 7.51% |
| U.S. Equity | Neuberger Berman AMT Quality Equity Portfolio - Class S<sup>(2)</sup> (formerly, Neuberger Berman AMT Sustainable Equity Portfolio)  | 1.12% | 13.43% | 12.54% | 12.66% |
| International <br>Equity | Nomura VIP Emerging Markets Series - Standard Class - Delaware Management Company, a series of Nomura Investment Management Business Trust<sup>(1)</sup> (formerly, Macquarie VIP Emerging Markets Series) | 1.16% | 81.26% | 8.81% | 12.17% |
| International <br>Equity | Nomura VIP International Core Equity Series - Service Class - Delaware Management Company, a series of Nomura Investment Management Business Trust<sup>(1)(2)</sup> (formerly, Macquarie VIP International Core Equity Series) | 1.11% | 24.17% | 7.83% | 6.62% |
| U.S. Equity | Nomura VIP Small Cap Value Series - Standard Class - Delaware Management Company, a series of Nomura Investment Management Business Trust (formerly, Macquarie VIP Small Cap Value Series) | 0.74% | 8.16% | 9.26% | 9.15% |
| U.S. Equity | NVIT Mid Cap Index Fund - Class II - Nationwide Fund Advisors - *BlackRock Investment Management, LLC* | 0.66% | 6.82% | 8.47% | 10.06% |
| Commodities | PIMCO VIT CommodityRealReturn<sup>®</sup> Strategy Portfolio - Administrative Class - Pacific Investment Management Company LLC<sup>(1)</sup> | 3.19% | 18.79% | 10.55% | 6.54% |
| Taxable Bond | PIMCO VIT Emerging Markets Bond Portfolio - Administrative Class - Pacific Investment Management Company LLC | 1.17% | 14.98% | 2.44% | 5.06% |
| Taxable Bond | PIMCO VIT High Yield Portfolio - Administrative Class - Pacific Investment Management Company LLC | 0.81% | 8.95% | 3.97% | 5.57% |

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|:---|:---|:---|:---|:---|:---|
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  | **1 Year**  | **5 Year**  | **10 Year**  |
| Taxable Bond | PIMCO VIT Low Duration Portfolio - Administrative Class - Pacific Investment Management Company LLC | 0.66% | 5.52% | 1.57% | 1.79% |
| Taxable Bond | PIMCO VIT Real Return Portfolio - Administrative Class - Pacific Investment Management Company LLC | 1.39% | 7.85% | 1.21% | 3.21% |
| Taxable Bond | PIMCO VIT Total Return Portfolio - Administrative Class - Pacific Investment Management Company LLC | 0.73% | 8.89% | 0.02% | 2.36% |
| U.S. Equity | PSF PGIM Jennison Blend Portfolio - Class II<sup>(1)</sup> | 0.86% | 18.05% | 11.88% | 13.50% |
| U.S. Equity | *Putnam VT Core Equity Fund - Class IA - Franklin Advisers, Inc.; Franklin Templeton Investment Management Limited* | 0.67% | 17.11% | 16.25% | 15.49% |
| Allocation | *Putnam VT Global Asset Allocation Fund - Class IA - Franklin Advisers, Inc. - Putnam Investment Management, LLC; Franklin Templeton Investment Management Limited; The Putnam Advisory Company, LLC<sup>(1)</sup>* | 0.84% | 14.63% | 8.67% | 8.71% |
| Sector Equity | *Putnam VT Global Health Care Fund - Class IB - Franklin Advisers, Inc.: Franklin Templeton Investment Management Limited; The Putnam Advisory Company, LLC* | 1.00% | 15.05% | 7.71% | 8.36% |
| Taxable Bond | *Putnam VT Income Fund - Class IA - Franklin Advisers, Inc. - Putnam Investment Management, LLC; Franklin Templeton Investment Management Limited* | 0.57% | 7.45% | -0.89% | 2.15% |
| International <br>Equity | *Putnam VT International Equity Fund - Class IA - Franklin Advisers, Inc.; Franklin Templeton Investment Management Limited; The Putnam Advisory Company, LLC.* | 0.81% | 38.00% | 9.55% | 8.40% |
| International <br>Equity | *Putnam VT International Value Fund - Class IA - Franklin Advisers, Inc.; Franklin Templeton Investment Management Limited; The Putnam Advisory Company, LLC* | 0.81% | 35.07% | 12.77% | 9.13% |
| U.S. Equity | *Putnam VT Large Cap Value Fund - Class IB - Franklin Advisers, Inc.; Franklin Templeton Investment Management Limited.* | 0.79% | 20.35% | 15.38% | 13.30% |
| Taxable Bond | *Putnam VT Mortgage Securities Fund - Class IB - Franklin Advisers, Inc. - Putnam Investment Management, LLC; Franklin Templeton Investment Management Limited<sup>(1)</sup>* | 0.75% | 9.09% | 0.83% | 1.62% |
| U.S. Equity | Royce Capital Small-Cap Portfolio - Service Class<sup>(2)</sup> | 1.44% | 8.73% | 10.40% | 7.63% |
| Money Market | Schwab<sup>®</sup> Government Money Market Portfolio™ | 0.27% | 4.11% | 3.09% | 1.96% |
| U.S. Equity | Schwab<sup>®</sup> S&P 500 Index Portfolio | 0.03% | 17.83% | 14.38% | 14.75% |
| Allocation | Schwab<sup>®</sup> VIT Balanced Portfolio | 0.57% | 12.85% | 4.69% | 5.51% |
| Allocation | Schwab<sup>®</sup> VIT Balanced with Growth Portfolio | 0.54% | 15.60% | 6.45% | 7.20% |
| Allocation | Schwab<sup>®</sup> VIT Growth Portfolio | 0.55% | 18.24% | 8.07% | 8.65% |
| Sector Equity | T. Rowe Price<sup>®</sup> Health Sciences Portfolio | 0.86% | 18.10% | 4.12% | 8.97% |
| International <br>Equity | Templeton Foreign VIP Fund - Class 2<sup>(1)(2)</sup> | 1.08% | 29.19% | 8.25% | 5.75% |
| Taxable Bond | *Templeton Global Bond VIP Fund - Class 2 - Franklin Advisers, Inc.<sup>(1)</sup>* | 0.75% | 15.73% | -0.96% | -0.15% |
| Taxable Bond | *Touchstone VST Bond Fund - Class I - Fort Washington Investment Advisors Inc<sup>(1)(2)</sup>* | 0.62% | 7.63% | -0.14% | 2.13% |
| U.S. Equity | Touchstone VST Common Stock Fund - Class I - *Fort Washington Investment Advisors Inc*<sup>(1)(2)</sup> | 0.73% | 17.83% | 13.80% | 14.20% |
| U.S. Equity | *Touchstone VST Common Stock Fund - Class SC - Fort Washington Investment Advisors Inc* | 0.92% | 17.65% | 13.58% | 13.93% |

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[**TABLE OF CONTENTS**](#TOC)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*** | **Current <br>Expenses**  | **1 Year**  | **5 Year**  | **10 Year**  |
| U.S. Equity | *Touchstone VST Small Company Fund - Class I - Fort Washington Investment Advisors Inc<sup>(1)</sup>* | 0.76% | 9.72% | 9.10% | 11.37% |
| Taxable Bond | VanEck<sup>®</sup> VIP Emerging Markets Bond Fund - Initial Class <sup>(1)(2)</sup> | 1.10% | 18.49% | 3.91% | 5.24% |
| Sector Equity | VanEck<sup>®</sup> VIP Global Resources Fund - Class S - Initial Class  | 1.32% | 36.17% | 10.24% | 8.06% |
| U.S. Equity | Vanguard Variable Insurance Funds - Diversified Value Portfolio - Aristotle Capital Management, LLC; Harris Associates L.P. Hotchkis; Wiley Capital Management, LLC  | 0.28% | 16.82% | 13.23% | 11.75% |
| U.S. Equity | Vanguard Variable Insurance Funds - Mid-Cap Index Portfolio | 0.17% | 11.54% | 8.46% | 10.77% |
| U.S. Equity | Vanguard Variable Insurance Funds - PRIMECAP Portfolio (Note: Prior to May 12, 2026, this fund was named the Vanguard Variable Insurance Funds - Capital Growth Portfolio)  | 0.34% | 28.97% | 13.97% | 14.96% |
| Sector Equity | Vanguard Variable Insurance Funds - Real Estate Index Portfolio | 0.26% | 3.11% | 4.50% | 5.08% |
| U.S. Equity | Vanguard Variable Insurance Funds - Small Company Growth Portfolio - ArrowMark Colorado Holdings, LLC and The Vanguard Group, Inc.  | 0.29% | 6.10% | 3.81% | 9.61% |
| Taxable Bond | Victory Pioneer Bond VCT Portfolio - Class I<sup>(1)</sup> | 0.87% | 9.17% | 0.74% | 2.84% |
| U.S. Equity | Victory Pioneer Fund VCT Portfolio - Class I<sup>(1)</sup> | 0.75% | 23.35% | 14.98% | 15.75% |
| U.S. Equity | Victory Pioneer Mid Cap Value VCT Portfolio - Class II <sup>(1)(2)</sup> | 1.01% | 10.86% | 10.88% | 8.73% |
| U.S. Equity | Victory Pioneer Select Mid Cap Growth VCT Portfolio - Class I <sup>(1)</sup> | 0.86% | 20.47% | 5.73% | 11.93% |
| **Income Segment Covered Funds <br>(for Contracts with the Guaranteed Lifetime Withdrawal Benefit Rider)**  | **Income Segment Covered Funds <br>(for Contracts with the Guaranteed Lifetime Withdrawal Benefit Rider)**  | **Income Segment Covered Funds <br>(for Contracts with the Guaranteed Lifetime Withdrawal Benefit Rider)**  | **Income Segment Covered Funds <br>(for Contracts with the Guaranteed Lifetime Withdrawal Benefit Rider)**  | **Income Segment Covered Funds <br>(for Contracts with the Guaranteed Lifetime Withdrawal Benefit Rider)**  | **Income Segment Covered Funds <br>(for Contracts with the Guaranteed Lifetime Withdrawal Benefit Rider)**  |
| Allocation | Empower Conservative Profile Fund - Investor Class<sup>(1)</sup> | 0.76% | 8.19% | 3.35% | 4.63% |
| Allocation | Empower Moderate Profile Fund - Investor Class<sup>(1)</sup> | 0.90% | 11.96% | 5.91% | 7.17% |
| Allocation | Empower Moderately Conservative Profile Fund - Investor Class<sup>(1)</sup> | 0.81% | 10.03% | 4.61% | 5.87% |
| Allocation | Empower SecureFoundation<sup>®</sup> Balanced Fund - Investor Class<sup>(1)</sup> | 0.58% | 12.93% | 5.61% | 7.44% |

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<sup>(1)</sup>

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; These Portfolios and their investment advisers have entered into contractual fee waivers or expense reimbursement arrangements. These temporary fee reductions are reflected in their annual expenses. Those contractual arrangements are designed to reduce total annual Portfolio operating expenses for Owners and will continue past the current year.*

<sup>(2)</sup>

 *The Sub-Accounts investing in these Portfolios are closed to new Contributions and incoming Transfers.* 

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[**TABLE OF CONTENTS**](#TOC)

This Updating Summary Prospectus incorporates by reference the Schwab Advisor Choice Variable Annuity Contract's Prospectus and Statement of Additional Information (SAI), both dated May 1, 2026, as amended or supplemented. The SAI may be obtained, free of charge, in the same manner as the Prospectus.

EDGAR Contract Identifier: C000141360

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