# EDGAR Filing Document

**Accession Number:** 0000103007
**File Stem:** 0001133228-26-005652
**Filing Date:** 2026-4
**Character Count:** 409648
**Document Hash:** d94988b39c70af2026f0abada283c8a8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001133228-26-005652.hdr.sgml**: 20260417

**ACCESSION NUMBER**: 0001133228-26-005652

**CONFORMED SUBMISSION TYPE**: 485BPOS

**PUBLIC DOCUMENT COUNT**: 16

**FILED AS OF DATE**: 20260417

**DATE AS OF CHANGE**: 20260417

**EFFECTIVENESS DATE**: 20260501

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VARIABLE ANNUITY ACCOUNT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co
- **CENTRAL INDEX KEY:** 0000103007

**ORGANIZATION NAME:**
- **EIN:** 710294708
- **STATE OF INCORPORATION:** CT
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02513
- **FILM NUMBER:** 26871409

**BUSINESS ADDRESS:**
- **STREET 1:** ONE ORANGE WAY
- **CITY:** WINDSOR
- **STATE:** CT
- **ZIP:** 06095-4774
- **BUSINESS PHONE:** 860-580-4646

**MAIL ADDRESS:**
- **STREET 1:** ONE ORANGE WAY
- **CITY:** WINDSOR
- **STATE:** CT
- **ZIP:** 06095-4774

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co
- **DATE OF NAME CHANGE:** 20140902

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VARIABLE ANNUITY ACCT C OF ING LIFE INSURANCE & ANNUITY CO
- **DATE OF NAME CHANGE:** 20020319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VARIABLE ANNUITY ACCT C OF AETNA LIFE INSURANCE & ANNUITY CO
- **DATE OF NAME CHANGE:** 19940525
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VARIABLE ANNUITY ACCOUNT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co
- **CENTRAL INDEX KEY:** 0000103007

**ORGANIZATION NAME:**
- **EIN:** 710294708
- **STATE OF INCORPORATION:** CT
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-109622
- **FILM NUMBER:** 26871408

**BUSINESS ADDRESS:**
- **STREET 1:** ONE ORANGE WAY
- **CITY:** WINDSOR
- **STATE:** CT
- **ZIP:** 06095-4774
- **BUSINESS PHONE:** 860-580-4646

**MAIL ADDRESS:**
- **STREET 1:** ONE ORANGE WAY
- **CITY:** WINDSOR
- **STATE:** CT
- **ZIP:** 06095-4774

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co
- **DATE OF NAME CHANGE:** 20140902

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VARIABLE ANNUITY ACCT C OF ING LIFE INSURANCE & ANNUITY CO
- **DATE OF NAME CHANGE:** 20020319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VARIABLE ANNUITY ACCT C OF AETNA LIFE INSURANCE & ANNUITY CO
- **DATE OF NAME CHANGE:** 19940525

## Series and Classes Contracts Data

### VARIABLE ANNUITY ACCT C OF VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY (Series ID: S000001089)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000002963 | VOYA Flexible Income |  |

?xml version='1.0' encoding='ASCII'?

As filed with the U.S. Securities and Exchange Commission on April 17, 2026

Registration No. 333-109622

Registration No. 811-02513

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM N-4**

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 | &nbsp;&nbsp;☒ |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pre-Effective Amendment No. _____ | &nbsp;&nbsp;☐ |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Post-Effective Amendment No. 34 | &nbsp;&nbsp;☒ |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 | &nbsp;&nbsp;☒ |

---

**VARIABLE ANNUITY ACCOUNT C OF VOYA RETIREMENT INSURANCE & ANNUITY Co**

*(Exact Name of Registered Separate Account)*

Voya Retirement Insurance and Annuity Company

*(Name of Insurance Company)*

 

One Orange Way

Windsor, Connecticut 06095-4774

*(Address of Insurance Company's Principal Executive Offices) (Zip Code)*

1-800-262-3862

*(Insurance Company's Telephone Number, including Area Code)*

Tamara Saverine

Vice President, Chief Counsel

Voya Retirement Insurance and Annuity Company

One Orange Way, Windsor, Connecticut 06095-4774

*(Name and Address of Agent for Service)*

It is proposed that this filing will become effective:

☐ immediately upon filing pursuant to paragraph (b)

☒ on May 1, 2026 pursuant to paragraph (b)

☐ 60 days after filing pursuant to paragraph (a)(1)

☐ on _______, pursuant to paragraph (a)(1) of rule 485 under the Securities Act of 1933 ("Securities Act").

If appropriate, check the following box:

☐ this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

**Check each box that appropriately characterizes the Registrant:**

☐ New Registrant (as applicable, a Registered Separate Account or Insurance Company that has not filed a Securities Act registration statement or amendment thereto within 3 years preceding this filing)

☐ Emerging Growth Company (as defined by Rule 12b-2 under the Securities Exchange Act of 1934 ("Exchange Act"))

☐ If an Emerging Growth Company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of Securities Act

☐ Insurance Company relying on Rule 12h-7 under the Exchange Act

☐ Smaller reporting company (as defined by Rule 12b-2 under the Exchange Act)

**PART A** 

**INFORMATION REQUIRED IN A PROSPECTUS**

**VOYA FLEXIBLE INCOME ANNUITY**

**A FIXED OR VARIABLE, GROUP AND/OR INDIVIDUAL IMMEDIATE ANNUITY CONTRACT**

issued by

**Voya Retirement Insurance and Annuity Company** and its

 **Variable Annuity Account C**

This Prospectus describes a variable, group and/or individual immediate annuity contract (the "Contract" or the "Contracts") issued by Voya Retirement Insurance and Annuity Company ("VRIAC," the "Company," "we," "us" and "our") through its Variable Annuity Account C (the "Separate Account"). The Contract is available as an internal exchange from certain existing annuity contracts issued by the Company or certain of its affiliates, and to any participants in a retirement plan where the Plan Sponsor has purchased a group master contract (whether or not connected with an internal exchange). There is one class of contract described in this Prospectus. The Contract may be issued as either a nonqualified contract, or as a qualified contract for use with a traditional Individual Retirement Annuity ("IRA") under Section 408(b) of the Internal Revenue Code of 1986 ("Tax Code") or with retirement plans under Tax Code Sections 401, 403(b) or 457. Contracts sold in New York are not available to 457 plans.

The Contract is a complex investment and involves risks, including potential loss of principal. Before you participate in the Contract through your retirement plan, you should read this Prospectus. It provides facts about the Contract and its investment options. The Contract offers Variable Investment Options that invest in corresponding underlying mutual funds ("Funds"). More information about the Funds is available in Appendix A: Investment Options Available Under the Contract. The Funds available to you may vary based on employer and participants should refer to their plan documents for a list of available Funds. Plan sponsors (generally your employer) should read this Prospectus to help determine if the Contract is appropriate for their plan.

The Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Early withdrawals could result in early withdrawal charges, taxes, and tax penalties. Our obligations under the Contract are subject to our financial strength and claims-paying ability.

 

**If you are a new Investor in the Contract, you may cancel your Contract within 10 days of receiving it without paying fees or penalties.**

**In some states, this cancellation period may be longer. Upon cancellation, you will receive either a full refund of the amount you paid with your application or your total Account Value. You should review this Prospectus, or consult with your investment professional, for additional information about the specific cancellation terms that apply.**

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

**Neither the U.S. Securities and Exchange Commission (the "SEC") nor any state securities commission has approved or disapproved these securities or passed upon the accuracy or adequacy of this Prospectus. Any representation to the contrary is a criminal offense.** 

We do not intend for this Prospectus to be an offer to sell or a solicitation of an offer to buy these securities in any state that does not permit their sale. We have not authorized anyone to provide you with information that is different from that contained in this Prospectus.

**Contract Prospectus Dated May 1, 2026**

PRO.109622-26 3

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| **[GLOSSARY OF TERMS USED IN THIS PROSPECTUS](#pro_001)** | **6** |
| **[OVERVIEW OF THE CONTRACT](#pro_002)** | **8** |
| **[IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT](#pro_003)** | **10** |
| **[FEE TABLE](#pro_004)** | **14** |
| **[PRINCIPAL RISKS OF INVESTING IN THE CONTRACT](#pro_005)** | **17** |
| **[THE COMPANY](#pro_006)** | **19** |
| **[VARIABLE ANNUITY ACCOUNT C](#pro_007)** | **19** |
| **[THE INVESTMENT OPTIONS](#pro_008)** | **20** |
| **[CHARGES AND FEES](#pro_009)** | **25** |
| **[THE CONTRACT](#pro_010)** | **28** |
| **[THE INCOME PAYMENTS](#pro_011)** | **33** |
| **[BENEFITS AVAILABLE UNDER THE CONTRACT](#pro_012)** | **37** |
| **[DEATH BENEFIT](#pro_021)** | **38** |
| **[CONTRACT PURCHASE AND PARTICIPATION](#pro_013)** | **39** |
| **[WITHDRAWALS](#pro_014)** | **40** |
| **[FEDERAL TAX CONSIDERATIONS](#pro_015)** | **41** |
| **[OTHER TOPICS](#pro_016)** | **57** |
| **[APPENDIX A: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT](#pro_017)** | **62** |
| **[APPENDIX B: FIXED DOLLAR OPTION](#pro_018)** | **71** |
| **[APPENDIX C: CALCULATION OF PRESENT VALUE OF REMAINING GUARANTEED VARIABLE OR FIXED INCOME PAYMENTS](#pro_019)** | **74** |
| **[HOW TO GET MORE INFORMATION](#pro_020)** | **77** |

---

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**GLOSSARY OF TERMS USED IN THIS PROSPECTUS**

*The following are some of the important terms used throughout this Prospectus that have special meaning. There are other capitalized terms that are explained or defined in other parts of this Prospectus.*

**Account Value:** The current dollar value of amounts allocated to the Subaccounts of Variable Annuity Account C, which includes investment performance and fees deducted from the Subaccounts.

**Annuitant.** The Annuitant is the person(s) on whose life expectancy the Income Payments are calculated.

**Annuity Unit:** A unit of measurement that represents the time accumulated during an annuity Contract.

**Annuity Unit Value:** The value of each Annuity Unit in a Subaccount.

**Beneficiary (or Beneficiaries):** The person designated to receive the death benefit payable under the Contract.

**Contract or Contracts**: The group or individual deferred fixed and variable annuity Contract offered by your Plan Sponsor as a funding vehicle for your retirement plan.

**Contract Holder**: The person to whom we issue the Contract. Generally, the Plan Sponsor or a trust. We may also refer to the Contract Holder as the Contract Owner.

**Contract Year**: A 12-month period measured from the date we establish the Contract or measured from any anniversary of that date.

**Customer Service**: The location from which we service the Contracts. The mailing address and telephone number of Customer Service is Payout Services, One Orange Way, Windsor, CT 06095-4774, 1-800-584-6001.

**Fixed Dollar Option:** Generally, your Income Payments will be a fixed amount.

**Fixed Income Payments:** The way in which payments are received that will not vary.

**Fund(s)**: The underlying mutual Funds in which the Subaccounts invest.

**General Account**: The account that contains all of our assets other than those held in Variable Annuity Account C or one of our other separate accounts.

**Good Order**: Generally, a request is considered to be in "Good Order" when it is signed, dated and made with such clarity and completeness that we are not required to exercise any discretion in carrying it out. We can only act upon written requests that are received in Good Order.

**Immediate Annuity:** The Investor receives a guaranteed income within one year from the date of a single premium purchase.

**Income Payments:** The payments you receive from your Contract.

**Investor (also "you" or "participant")**: The individual who participates in the Contract through a retirement plan.

**Plan Sponsor**: The sponsor of your retirement plan. Generally, your employer.

**Purchase Payment**: Collectively, the initial Purchase Payment and any additional Purchase Payment.

**Subaccount**: Division(s) of Variable Annuity Account C that are investment options under the Contract. Each Subaccount invests in a corresponding underlying mutual Fund.

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**Tax Code**: The Internal Revenue Code of 1986, as amended.

**VRIAC, the Company, we, us and our:** Voya Retirement Insurance and Annuity Company, a stock company domiciled in Connecticut, that issues the Contract described in this Prospectus.

**Valuation Date:** Each date on which the Accumulation Unit Value of the Subaccounts of Variable Annuity Account C and the Net Asset Value of the shares of the underlying Funds are determined. Currently, these values are determined after the close of business of the New York Stock Exchange ("NYSE") on any normal Business Day, Monday through Friday, when the NYSE is open for trading.

**Variable Annuity Account C, the Separate Account**: Voya Variable Annuity Account C, a segregated asset account established by us to fund the variable benefits provided by the Contract. The Variable Annuity Account C is registered as a unit investment trust under the Investment Company Act of 1940 (the "1940 Act"), as amended, and it also meets the definition of "separate account" under the federal securities laws.

**Variable Investment Options**: The Subaccounts of Variable Annuity Account C. Each one invests in a specific mutual Fund.

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**OVERVIEW OF THE CONTRACT**

*This summary provides a brief overview of the more significant aspects of the Contract. Further detail is provided in this Prospectus, the related Statement of Additional Information ("SAI"), the Contract and the summary or full prospectuses for the Funds being considered. We urge you to read the entire Prospectus as it describes all material features and benefits of the Contract and your rights and limitations thereunder. It also sets forth information you should know before making the decision to participate in the Contract through your retirement plan. Certain features and benefits may vary depending on the state in which your Contract is issued.*

*Certain features and benefits may vary depending on the state in which your Contract is issued, and any such material state variations are disclosed in the discussion of the features and benefits in the Prospectus. Variations in contract benefits or features described in this Prospectus may be imposed without our knowledge by some financial institutions or broker-dealers through which the Contract was sold. For example, your financial professional may not recommend a particular Portfolio or contract benefit to you or your plan. Because of the breadth of our distribution network, our agreements with our distribution partners and the fact that the Contract is an older legacy annuity product that has not been offered for sale for a significant period of time, we cannot obtain pertinent information regarding such variations without unreasonable effort and expense. If you have any questions about any limitations, restrictions, or other variations related to the Portfolios, contract benefits or other contract features available to you, please reach out to your financial institution or broker-dealer.*

**Purpose**

The Contract described in this Prospectus is a fixed or variable, group and/or individual immediate annuity contract. An immediate annuity means the Investor receives a guaranteed income within one year from the date of a single premium purchase (see "**Immediate Annuity**" in the **GLOSSARY OF TERMS USED IN THIS PROSPECTUS).** It is designed for individuals who would like regular Income Payments from an annuity Contract. It is intended to be used as a funding vehicle for certain types of retirement plans and to qualify for beneficial tax treatment and/or to provide current income reduction under Tax Code Sections 401(a), 401(k), 403(b) and 457. It is a long-term investment and is typically most useful as part of a personal retirement plan. It is not designed for short-term investing and is not appropriate for an Investor who needs ready access to cash. See **Long Term Investment** under "**CONTRACT PURCHASE AND PARTICIPATION - *Factors to Consider in the Purchase Decision.****"* The Contract may be issued as either a nonqualified contract, or as a qualified contract for use with a traditional Individual Retirement Annuity ("IRA") under Section 408(b). Contracts sold in New York are not available for 457 plans.

The Contract is available as an internal exchange from certain existing annuity contracts issued by the Company or certain of its affiliates, and to any participants in a retirement plan where the Plan Sponsor has purchased a group master Contract (whether or not connected with an internal exchange). We may also issue contracts directly without a relationship to an existing Company Contract or a retirement plan. When considering whether to purchase or participate in the Contract, you should consult with your financial representative about your financial goals, investment time horizon and risk tolerance.

**The Variable Investment Options**

The Variable Investment Options are Subaccounts within the Separate Account. Each Subaccount invests its assets directly in shares of a corresponding underlying Fund, and each Fund has its own distinct investment objectives, fees and expenses and investment advisers. Earnings on amounts invested in a Subaccount will vary depending upon the performance and fees of the corresponding underlying Fund. You do not invest directly in or hold shares of the Funds. **Additional information about each underlying Fund is set forth in the section of this Prospectus called "APPENDIX A: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT."**

There is no guarantee that your Account Value will increase. Depending upon the investment experience of each Fund in which a Subaccount invests, your Account Value may increase or decrease daily. You bear the investment risk for the Funds in which the Subaccounts invest; you will benefit from favorable investment experience but also bear the risk of poor investment performance.

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**The Fixed Income Payments**

If you select Fixed Income Payments, the amount of your Fixed Income Payment will not vary. Except as specifically mentioned, this Prospectus describes only the variable Incomes Options. **See APPENDIX B: FIXED DOLLAR OPTION.**

**Contract Features**

**Death Benefit**. A Beneficiary may receive a death benefit in the event of your death from any Guaranteed Income payments. **See "DEATH BENEFIT."**

**Withdrawals**. Some Income Payment options allow you to withdraw a portion or all of any remaining guaranteed payments. An Early withdrawal charge may apply. **See "WITHDRAWALS."**

**Taxation.** Taxes will generally be due when you receive a distribution. Tax penalties may apply in some circumstances. **See "FEDERAL Tax Considerations."**

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

**FEES AND ADJUSTMENTS**

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| | |
|:---|:---|
| **Are There Charges or Adjustments for Early Withdrawals?** | **Yes.** If the Investor withdraws money from the Contract within seven (7) years following a specified date, the Investor can be assessed an early withdrawal charge equal to a maximum of 7% of the remaining guaranteed Income Payments withdrawn. The specified date referenced in the preceding sentence can vary depending on the terms of the Contract and will be either: (1) the date the individual account was established; or (2) the date the Contract was established. **There is no surrender charge under this Contract.**<br>**See "[FEE TABLES — *Transaction Expenses*](#pro_004)" and "[CHARGES AND FEES — *Transaction Fees —* Early Withdrawal Charge](#pro_009)."** |

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| | |
|:---|:---|
| **Are There Transaction Charges?** | **Yes**. In addition to the early withdrawal charge, the Investor may also be charged for other transactions.<br> Certain Funds may impose redemption fees as a result of withdrawals, transfers, or other Fund transactions you may initiate. **See "[FEE TABLE — *Transaction Expenses*](#pro_004)" and "[CHARGES AND FEES](#pro_009) ."** |

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| | |
|:---|:---|
| **Are There Ongoing Fees and Expenses?** | The table below describes the fees and expenses that you may pay *each year*, depending on the Variable Investment 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. A Loan Interest Rate Spread (which is the difference between the rate charged and the rate credited on loans under your contract), or an Annual Loan administration fee, is charged until the loan is repaid. |

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| |
|:---|
| **Annual Fee** |
| **Base Contract Expenses**0.95%<sup>1,2</sup>&nbsp;&nbsp;&nbsp;&nbsp;2.75%<sup>1,2</sup> |
| **Portfolio Company fees and expenses**0.46%<sup>3</sup>1.49%<sup>3</sup> |

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<sup>1</sup> As a percentage of average Account Value.

<sup>2</sup> The Base Contract Expenses include the (1) a mortality and expense risk charge (0.95% for Contracts Without the Guaranteed Minimum Income Feature, and 1.50% for Contracts With the Five-Year Guaranteed Minimum Income Feature); and (2) an administrative expense charge equal to 0.25% annually of your Account Value invested in the Subaccounts. The administrative expense charge is currently not imposed; however, we reserve the right to impose this charge for new contracts. The Maximum includes a guaranteed minimum income charge of 1.00% annually for the first five years. **See "CHARGES AND FEES - *Periodic Fees and Charges*."**

<sup>3</sup> As a percentage of Account Value allocated to the Subaccount investing in the Portfolio Company. These expenses, which include management fees, distribution (12b-1) and/or service fees and other expenses, do not take into account any fee waiver or expense reimbursement arrangements that may apply. These expenses are for the year ended December 31, 2025, and will vary from year to year.

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**FEES AND EXPENSES**<br> ***(continued from previous page)***<br>

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|:---|:---|
| **Are There Ongoing Fees and Expenses?** | Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay *each year*. This estimate assumes that you do not take withdrawals from the Contract. |

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| | |
|:---|:---|
| &nbsp;&nbsp;**Lowest Annual Cost Estimate:**<br> **$891** | **Highest Annual Cost Estimate:<br> $1,572** |
| &nbsp;&nbsp;Assumes:<br> • Investment of $100,000;<br> • 5% annual appreciation;<br> • Five-Year Guaranteed Minimum Income Feature;<br> • No loans;<br> • No sales charges; and<br> • No additional Purchase Payments, transfers, or withdrawals. | &nbsp;&nbsp;Assumes:<br> • Investment of $100,000;<br> • 5% annual appreciation;<br> • No loans;<br> • No sales charges; and<br> • No additional Purchase Payments, transfers, or withdrawals. |
| &nbsp;&nbsp; <br> **See "[FEE TABLES — *Annual Contract Expenses*](#pro_004)" and "[CHARGES AND FEES — *Periodic Fees and Charges*](#pro_009)."** | &nbsp;&nbsp; <br> **See "[FEE TABLES — *Annual Contract Expenses*](#pro_004)" and "[CHARGES AND FEES — *Periodic Fees and Charges*](#pro_009)."** |

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**RISKS**

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|:---|:---|
| **Is There a Risk of Loss from Poor Performance?**<br>| **Yes.** An Investor can lose money by investing in the Contract. Contact Customer Service at 1-800-584-6001 for questions regarding the Contract.<br>**See "[PRINCIPAL RISKS OF INVESTING IN THE CONTRACT](#pro_005)."** |

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|:---|:---|
| &nbsp;&nbsp;**Is This a Short-Term Investment?** | &nbsp;&nbsp;**No.** This Contract is not designed for short-term investing and is not appropriate for an Investor who needs ready access to cash. The Contract is typically most useful as part of a personal retirement plan. Early withdrawals may be restricted by the Tax Code or your plan and may expose you to early withdrawal charges or tax penalties. You should not participate in this Contract if you are looking for a short-term investment or expect to make withdrawals before you are age 59½.<br>**See "[PRINCIPAL RISKS OF INVESTING IN THE CONTRACT](#pro_005)."** |

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|:---|:---|
| &nbsp;&nbsp;**What Are the Risks Associated with the Investment Options?**<br>| &nbsp;&nbsp;An investment in the Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options available under the Contract. Each investment option (including the Fixed Dollar Option) will have its own unique risks, and you should review these investment options before making an investment decision.<br>**See "[THE INVESTMENT OPTIONS — *The Variable Investment Options*](#pro_008)" and "[APPENDIX A](#pro_017) and [APPENDIX B](#pro_018)."** |

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|:---|:---|
| &nbsp;&nbsp;**What Are the Risks Related to the Insurance Company?** | &nbsp;&nbsp;An investment in the Contract is subject to the risks related to VRIAC, including that any obligations, including under the Fixed Dollar Option, guarantees or benefits are subject to the financial strength and claims paying ability of VRIAC. More information about VRIAC, including its financial strength and claims paying ability, is available upon request, by contacting Customer Service.<br>**See "[THE CONTRACT *The General Account*](#pro_010)."** |

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**RESTRICTIONS**

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|:---|:---|
| **Are There Limits on the Investment Options?** | **Yes.**<br> •&nbsp;&nbsp;&nbsp;&nbsp; Your plan may limit the number of options you may select at any one time. Please refer to your plan documents for more information; <br> •&nbsp;&nbsp;&nbsp;&nbsp;Some Subaccounts may not be available through your plan. Please refer to your plan documents for a list of Subaccounts available to you;<br> •&nbsp;&nbsp;&nbsp;&nbsp;There are certain restrictions on transfers from the Subaccounts; <br> •&nbsp;&nbsp;&nbsp;&nbsp;The Company reserves the right to combine two or more Subaccounts, close Subaccounts or substitute a new Fund for a Fund in which a Subaccount currently invests; and<br> •&nbsp;&nbsp;&nbsp;&nbsp;The Contract is not designed to serve as a vehicle for frequent transfers. We actively monitor Fund transfer and reallocation activity to identify violations of our Excessive Trading Policy. Electronic trading privileges will be suspended if the Company determines, in its sole discretion, that our Excessive Trading Policy has been violated.<br>**See "[THE INVESTMENT OPTIONS — *Selecting Investment Options* and *Right to Change the Separate Account*](#pro_008)" and "[THE CONTRACT — *Limits on Frequent or Disruptive Transfers*](#pro_010)."** |

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|:---|:---|
| **Are There any Restrictions on Contract Benefits?** | **Yes.**<br> •&nbsp;&nbsp;&nbsp;&nbsp; We may discontinue or restrict the availability of an optional benefit; <br> •&nbsp;&nbsp;&nbsp;&nbsp; Benefits available to you may vary based on your plan. Please refer to your plan documents for benefits available to you; and Withdrawals may reduce the amount of a death benefit based on premium by more than the amount withdrawn.<br>**See "THE CONTRACT** **— *Contract Provisions and Limitations* — Death Benefit Options" and "FEE TABLE — *Annual Contract Expenses* — For Contracts with the Five-Year Guaranteed Minimum Income Feature."** |

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**TAXES**

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|:---|:---|
| **What are the Contract's Tax Implications?** | •&nbsp;&nbsp;&nbsp;&nbsp;You should consult with a tax and/or legal adviser to determine the tax implications of an investment in, and distributions received under, the Contract;<br> •&nbsp;&nbsp;&nbsp;&nbsp;There is no additional tax benefit to the Investor if the Contract is purchased through a tax-qualified plan or individual retirement account ("IRA"); and <br> •&nbsp;&nbsp;&nbsp;&nbsp; Withdrawals will be subject to ordinary income tax and may be subject to tax penalties.<br>**See "[FEDERAL TAX CONSIDERATIONS](#pro_015)."** |

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**CONFLICTS OF INTEREST**

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|:---|:---|
| **How are Investment Professionals Compensated?** | •&nbsp;&nbsp;&nbsp;&nbsp; We pay compensation to broker/dealers whose registered representatives sell the Contract.<br> •&nbsp;&nbsp;&nbsp;&nbsp; Compensation may be paid in the form of commissions or other compensation, depending upon the agreement between the broker/dealers and the registered representative.<br> •&nbsp;&nbsp;&nbsp;&nbsp; Because of this sales-based compensation, an investment professional may have a financial incentive to offer or recommend the Contract over another investment.<br>**See "OTHER TOPICS** **— *Contract Distribution*."** |

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|:---|:---|
| **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 exchange your contract only if you determine, after comparing the features, fees, and risks of both Contracts, and any fees or penalties to terminate the existing contract, that it is preferable for you to purchase the new Contract rather than continue to own the existing contract.<br>**See "[PRINCIPAL RISKS OF INVESTING IN THE CONTRACT](#pro_005)."** |

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**FEE TABLE**

**The following tables describe the fees and expenses that you will pay when buying, owning and surrendering or making withdrawals from the Contract. 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.**

**The first table describes the fees and expenses that you will pay at the time you buy the Contract, surrender or make withdrawals from the Contract or take a loan from the Contract. State premium taxes may also be deducted.**

**Transaction Expenses**

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| | |
|:---|:---|
| Maximum Early Withdrawal Charge<sup>1</sup> |  |
| *(as a percentage of amount withdrawn, if applicable)* | 7.00% |
| Premium Tax<sup>2</sup> | 0.00% to 3.50% |

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**There is no surrender charge under this Contract.**

 

**The next table describes the fees and expenses that you will pay *each year* during the time that you own the Contract (not including Fund fees and expenses).**

**Annual Contract Expenses**

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| | |
|:---|:---|
|  | **For Contracts With the Five-Year Guaranteed Minimum Income Feature** |
| Base Contract Expenses <sup>3</sup><br> *(as a percentage of average Account Value)* | 2.75%<sup>4</sup> |
| For Contracts Without the Five-Year Guaranteed Minimum Income Feature | 0.95%<sup>5</sup> |
| Loan Interest Rate Spread (per annum)<sup>6</sup> | 3.00% |
| Annual Loan Administration Fee<sup>7</sup> | $50.00 |

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<sup>1</sup> This is a deferred sales charge. The percentage will be determined by the applicable early withdrawal charge schedule in the "**CHARGES AND Fees**" section. In the case of a partial withdrawal, the amount withdrawn from your account will be the amount you specified plus adjustment for any applicable early withdrawal charge. **See "CHARGES AND Fees."**

<sup>2</sup> We reserve the right to deduct a charge for premium taxes from your Purchase Payment on the Contract effective date. **See "CHARGES AND Fees ‒ *Premium and Other Taxes."***

<sup>3</sup> The mortality and expense risk charge, included in the Base Contract Expenses, compensates us for the mortality and expense risks we assume under the Contract. We currently do not impose an administrative expense charge; however, we reserve the right to impose this charge for new contracts and to deduct a daily charge from the Subaccounts equivalent to not more than 0.25% annually. **See "CHARGES AND FEES - *Periodic Fees and Charges* - Mortality and Expense Risk Charge."**

<sup>4</sup> The Five-Year Guaranteed Minimum Income Charge of 1.00% terminates after five (5) years.

<sup>5</sup> If you select the Contract Without the Five-Year Guaranteed Minimum Income Feature, you may not make any withdrawals.

<sup>6</sup> This is the difference between the rate charged and the rate credited on loans under your Contract. We reserve the right to assess a Loan Interest Rate Spread between 0.0% and 3.0% per annum. If applied, the Loan Interest Rate Spread is generally 2.5% per annum. **See "Loans ‒ *Things to Consider Before Initiating a Loan*."**

<sup>7</sup> Certain Contracts that have a 0.0% Loan Interest Rate Spread may be subject to an annual loan administration fee. If assessed, the annual loan maintenance fee will apply to each outstanding Plan Loan and be deducted from the vested individual account value. We reserve the right to change the annual fee charged for loan administration, but the fee shall not exceed $50. **See "Loans ‒ *Things to Consider Before Initiating a Loan*."**

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**The next item shows the minimum and maximum total operating expenses charged by the Funds that you may pay periodically during the time that you own the Contract. Expenses shown may change over time and may be higher or lower in the future. A complete list of the Funds available under the Contract, including their annual expenses, may be found in APPENDIX A of this Prospectus.**

**Annual Fund Expenses**

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| | | |
|:---|:---|:---|
| ***Total Annual Fund Operating Expense*** | **Minimum** | **Maximum** |
| Expenses that are deducted from Fund assets, including management fees, distribution and/or service (12b-1) fees, and other expenses (as of December 31, 2025). | 0.46% | 1.49% |
| Range of total annual Fund operating expenses **after** any waivers or expense reimbursements<sup>1</sup> | 0.46% | 1.25% |

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**See "CHARGES AND FEES – *Fund Fees and Expenses*" for additional information about the fees and expenses of the Funds, including information about the revenue we may receive from each of the Funds or the Funds' affiliates.**

**Examples**

**These examples are intended to help you compare the cost of investing in the Variable Investment Options with the cost of investing in other annuity contracts that offer variable investment options. These costs include transaction expenses (assuming no loans), annual Contract expenses and annual Fund expenses.** 

**The Example assumes all Contract value is allocated to the Variable Investment Options.** 

**The following examples assume that you invest $100,000 in the Variable Investment Options for the time periods indicated. The Examples also assume that your investment has a 5% return each year and assume the most expensive combination of annual Fund expenses. For the purpose of these Examples, we deducted the maximum contract fees and expenses and the maximum total annual fees and expenses of any of the funds available for each type of contract and the maximum charges under the contract (i.e., a maximum mortality and expense risk charge of 1.25% annually, an administrative expense charge of 0.25% annually, and the guaranteed minimum income charge of 1.00% annually for the first five years, as applicable) and assume you have selected the "nonlifetime–guaranteed payments" income payment option for a 15 year period with a 3.5% assumed annual net return rate.**

<sup>1</sup> Any expense waivers or reimbursements will remain in effect until at least April 30, 2027, and can only be terminated early with approval by the Fund company's board of directors.

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**Although your actual costs may be higher or lower, based on these assumptions, your costs would be:**

**Applicable to Contracts Without the Five-Year Guaranteed Minimum Income Feature:**

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| | | | | |
|:---|:---|:---|:---|:---|
| **Example A: If you withdraw your entire Account Value at the end of the applicable time period:** | **<u>1 Year</u>** | **<u>3 Years</u>** | **<u>5 Years</u>** | **<u>10 Years</u>** |
| **Example A: If you withdraw your entire Account Value at the end of the applicable time period:** | $9650<br>| $12999<br>| $16409<br>| $27763<br>|

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| | | | | |
|:---|:---|:---|:---|:---|
| **Example B: If you do not withdraw your entire Account Value or if you select an Income Payment option at the end of the applicable time period:**[\*](#note_ftn4) | **<u>1 Year</u>** | **<u>3 Years</u>** | **<u>5 Years</u>** | **<u>10 Years</u>** |
| **Example B: If you do not withdraw your entire Account Value or if you select an Income Payment option at the end of the applicable time period:**[\*](#note_ftn4) | $2471<br>| $7605 | $13005<br>| $27763<br>|

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**Applicable to Contracts With the Five-Year Guaranteed Minimum Income Feature:**

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| | | | | |
|:---|:---|:---|:---|:---|
| **Example A: If you withdraw your entire Account Value at the end of the applicable time period:** | **<u>1 Year</u>** | **<u>3 Years</u>** | **<u>5 Years</u>** | **<u>10 Years</u>** |
| **Example A: If you withdraw your entire Account Value at the end of the applicable time period:** | $9473<br>| $12457<br>| $15485<br>| $19909<br>|

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| | | | | |
|:---|:---|:---|:---|:---|
| **Example B: If you do not withdraw your entire Account Value or if you select an Income Payment option at the end of the applicable time period:**<sup>\*</sup> | **<u>1 Year</u>** | **<u>3 Years</u>** | **<u>5 Years</u>** | **<u>10 Years</u>** |
| **Example B: If you do not withdraw your entire Account Value or if you select an Income Payment option at the end of the applicable time period:**<sup>\*</sup> | $2281<br>| $7033<br>| $12049<br>| $19909<br>|

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[\*](#note_ftnref4) This example will not apply if a nonlifetime payment option is elected with variable payments and a lump-sum payment is requested within a certain number of years as specified in the Contract. In that case, the lump-sum payment is treated as a withdrawal and may be subject to an early withdrawal charge. (Refer to Example A.)

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**PRINCIPAL RISKS OF INVESTING IN THE CONTRACT**

The decision to participate or invest in the Contract should be discussed with your financial representative. Make sure that you understand the risks you will face when you consider an investment in the Contract.

**There are risks associated with investing in the Contract.**

&nbsp;&nbsp;&nbsp;&nbsp;• **Market Risk** - The Funds held by the Subaccounts could decline in the Account Value caused by the performance of the underlying Funds held by the Subaccounts. Those Funds could decline in value very significantly, and there is a risk of loss of your entire amount invested. The risk of loss varies with each underlying Fund. The investment risks are described in the prospectuses for the underlying Funds .

&nbsp;&nbsp;&nbsp;&nbsp;• **Early Withdrawal Risk** – You should carefully consider the risk associated with early withdrawals. This Contract is not designed for short-term investing and is not appropriate for an Investor who needs ready access to cash. The Contract is typically most useful as part of a personal retirement plan. Early withdrawals may be restricted by the Tax Code or your plan and may expose you to early withdrawal charges or tax penalties. You should not participate in this Contract if you are looking for a short-term investment or expect to make withdrawals before you are age 59½.

&nbsp;&nbsp;&nbsp;&nbsp;• **Account Value Risk** - You bear the risk of any decline in the Account Value caused by the performance of the underlying Funds held by the Subaccounts .

&nbsp;&nbsp;&nbsp;&nbsp;• **Insurance Company Insolvency** - It is possible that we could experience financial difficulty in the future and even become insolvent, and therefore become unable to provide all of the guarantees and benefits that exceed the assets in the Separate Account that we have promised .

&nbsp;&nbsp;&nbsp;&nbsp;• **Contract Changes** - We do not guarantee that each Fund will always be available for investment through the Contract. Subject to certain conditions and restrictions applicable to certain types of retirement plans and state and federal law and the rules and regulations thereunder, we may, from time to time, combine two or more Subaccounts; close Subaccounts and, unless we receive alternative allocation instructions, allocate all future amounts directed to the Subaccount that was closed or is unavailable among the other available Subaccounts according to the most recent allocation instructions we have on file; or substitute a new Fund for a Fund in which a Subaccount currently invests. Additionally, we may limit your ability to make transfers between investment options if you violate our policy on frequent or disruptive transfers.

&nbsp;&nbsp;&nbsp;&nbsp;• **Contract Benefits** – Loans and withdrawal may reduce the amount of a death benefit based on premium by more than the amount of the loan or withdrawal due to proportional reductions in the premium amount.

&nbsp;&nbsp;&nbsp;&nbsp;• **Tax Consequences** - Early withdrawals may be restricted by the Tax Code or your plan or may expose you to early withdrawal charges or tax penalties. The value of deferred taxation on earnings grows with the amount of time funds are left in the Contract.

&nbsp;&nbsp;&nbsp;&nbsp;• **Short-Term Investment** - You should not participate in this Contract if you are looking for a short-term investment or expect to need to make withdrawals before you are age 59½.

&nbsp;&nbsp;&nbsp;&nbsp;• **Business Disruption and Cybersecurity Risks -** We rely on technology, including interconnected computer systems and data storage networks and digital communications, to conduct our variable product business activities. Because our variable product business is highly dependent upon the effective operation of our computer systems and those of our service providers and other business partners, our business is vulnerable to disruptions from utility outages, and susceptible to operational and information security risks resulting from information systems failure (e.g., hardware and software malfunctions) and cyber-attacks. Cyber-attacks may be systemic (e.g., affecting the internet, cloud services, or other infrastructure) or targeted (e.g., failures in or breach of our systems or those of third parties on whom we rely, including ransomware and malware attacks).

Cybersecurity risks include, but are not limited to, the loss, theft, misuse, corruption, and destruction of data maintained online or digitally, interference with or denial of service, attacks on our website (or the websites of third parties on whom we rely), disruption of routine business operations, and unauthorized release of confidential customer information. The risk of cyber-attacks may be higher during periods of geopolitical turmoil. Due to the increasing sophistication of cyber-attacks, a cybersecurity breach could occur and persist for an extended period of time without detection.

Systems failures and cybersecurity incidents affecting us, our affiliates, the underlying funds, intermediaries, service providers, and other third parties on whom we rely may adversely affect your contract value and interfere with our ability to process contract transactions and calculate contract values. Systems failures and cybersecurity

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breaches may cause us to be unable to process orders from our website or with the underlying funds, cause us to be unable to calculate unit values and/or the underlying funds to be unable to calculate share values, cause the release or possible destruction of confidential customer and/or business information, impede order processing or cause other operational issues, subject us and our service providers and intermediaries to regulatory fines, litigation, and financial losses, and/or cause reputational damage. Cybersecurity risks may also impact the issuers of securities in which the underlying funds invest, which may cause the underlying funds to lose value.

The preventative actions we take to reduce the frequency and severity of cybersecurity incidents and protect our computer systems may be insufficient to prevent a cybersecurity breach from impacting our operations or your contract value. There can be no assurance that we or the underlying funds or our service providers and intermediaries will be able to avoid cybersecurity breaches affecting your contract.

In addition, we are also exposed to risks related to natural and man-made disasters, including, but not limited to, storms, fires, floods, earthquakes, public health crises, malicious acts, and terrorist acts, which could adversely affect our ability to conduct business. A natural or man-made disaster, including a pandemic (such as COVID-19), could affect the ability of our employees or the employees of our service providers to perform their job responsibilities. They could interfere with our processing of contract transactions, including processing orders from owners and orders with the underlying funds, impact our ability to calculate contract value, or have other adverse impacts on our operations. These events may also negatively affect our service providers and intermediaries, the underlying funds and the issuers of securities in which the underlying funds invest, which may cause the underlying funds to lose value. There can be no assurance that we or the underlying funds or our service providers and intermediaries will be able to avoid negative impacts associated with natural and man-made disasters.

**THE COMPANY**

The Company issues the Contract described in this Prospectus and is responsible for providing the Contract's insurance and annuity benefits. All guarantees and benefits provided under the Contract that are not related to the Separate Account are subject to the financial strength and claims paying ability of the Company and our General Account. We are a stock life insurance company organized under the insurance laws of the State of Connecticut in 1976. Prior to January 1, 2002, the Company was known as Aetna Life Insurance and Annuity Company. From January 1, 2002, until August 31, 2014, the Company was known as ING Life Insurance and Annuity Company.

We are an indirect, wholly owned subsidiary of Voya Financial, Inc. ("Voya"), which until April 7, 2014, was known as ING U.S., Inc. In May 2013, the common stock of Voya began trading on the New York Stock Exchange ("NYSE") under the symbol "VOYA."

We are engaged in the business of issuing insurance and annuities and providing financial services in the United States. We are authorized to conduct business in all states, the District of Columbia, Guam, Puerto Rico, and the Virgin Islands. Our principal executive offices are located at:

One Orange Way

Windsor, CT 06095-4774

**Product Regulation.** Our annuity, retirement and investment products are subject to a complex and extensive array of state and federal tax, securities, insurance and employee benefit plan laws and regulations, which are administered and enforced by a number of different governmental and self-regulatory authorities, including state insurance regulators, state securities administrators, state banking authorities, the SEC, the Financial Industry Regulatory Authority ("FINRA"), the Department of Labor, the Internal Revenue Service ("IRS") and the Office of the Comptroller of the Currency. For example, U.S. federal income tax law imposes requirements relating to insurance and annuity product design, administration and investments that are conditions for beneficial tax treatment of such products under the Tax Code. **See "FEDERAL TAX CONSIDERATIONS" for further discussion of some of these requirements.** Additionally, state, and federal securities and insurance laws impose requirements relating to insurance and annuity product design, offering and distribution and administration. Failure to administer product features in accordance with contract provisions or applicable law, or to meet any of these complex tax, securities, or insurance requirements could subject us to administrative penalties imposed by a particular governmental or self-regulatory authority, unanticipated costs associated with remedying such failure or other claims, harm to our reputation, interruption of our operations or adversely impact profitability.

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**VARIABLE ANNUITY ACCOUNT C**

We established Variable Annuity Account C (the "Separate Account") under Connecticut law in 1976 as a continuation of the separate account established in 1974 under Arkansas law by Aetna Variable Annuity Life Insurance Company. The Separate Account was established as a segregated asset account to fund variable annuity contracts. The Separate Account is registered as a unit investment trust under the 1940 Act. It also meets the definition of "separate account" under the federal securities laws.

Although we hold title to the assets of the Separate Account, such assets are not chargeable with the liabilities of any other business that we conduct. Income, gains or losses, whether or not realized, of the Separate Account are credited to or charged against the assets of the Separate Account without regard to other income, gains or losses of the Company. All obligations arising under the Contract are obligations of the Company.

Information regarding each underlying Fund, including: (1) its name; (2) its investment adviser and any subadviser; (3) current expenses; and (4) performance is available in **APPENDIX A** to this Prospectus. Each Fund has issued a prospectus that contains more detailed information about the Fund. You may obtain paper or electronic copies of those prospectuses by contacting Customer Service.

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**THE INVESTMENT OPTIONS**

When you purchase the Contract, your Purchase Payment (less any applicable premium tax) will be applied to the investment options you select. Some investment options may be unavailable through certain contracts and plans, or in some states. If you select variable investment options, you will receive variable Income Payments. If you select the fixed dollar option, you will receive fixed Income Payments. If you select one or more variable investment options and the fixed dollar option, a portion of your payment will vary and a portion will remain fixed.

**The Variable Investment Options**

These options are Subaccounts of the Separate Account. Each Subaccount invests directly in shares of a corresponding mutual Fund. You do not invest directly in or hold shares of the Funds. Contract value allocated to a Subaccount will vary based on the investment experience of the corresponding Fund in which the Subaccount invests. There is a risk of loss of the entire amount invested.

Information regarding each Fund available through the Subaccounts of the Separate Account, including (i) its name, (ii) a brief statement concerning its investment objectives, (iii) its investment adviser and any sub-investment adviser, (iv) current expenses, and (v) performance is available in an appendix to this Prospectus. See **APPENDIX A: INVESTMENTS OPTIONS AVAILABLE UNDER THE CONTRACT.** Each Fund has issued a prospectus that contains more detailed information about the Fund. Fund prospectuses, which may be amended from time to time, that can be found online at <u>https://vpx.broadridge.com/getcontract1.asp?doctype=pros&dtype=isp&cid=voyavpx&fid=92912K323</u> or may be obtained, , free of charge by contacting Customer Service at 1-800-584-6001 or by sending an email request to <u>ProspectusRequests@voya.com</u>.

**Selection of Underlying Funds**

The Funds available to you may vary based on employer and state approval and participants should refer to their plan documents for a list of available Funds. The Funds available to you are also found online at <u>https://vpx.broadridge.com/getcontract1.asp?doctype=pros&dtype=isp&cid=voyavpx&fid=92912K323</u>, by calling Customer Service at 1-800-584-6001 or by sending an email request to <u>ProspectusRequests@voya.com</u>. The underlying Funds available through the Contract described in this Prospectus are determined by the Company but ultimately selected by the Plan Sponsor. When determining which underlying Funds to make available, we may consider various factors, including, but not limited to, asset class coverage, the alignment of the investment objectives of an underlying Fund with our hedging strategy, the strength of the adviser's or subadviser's reputation and tenure, brand recognition, performance, and the capability and qualification of each investment firm. Another factor that we may consider is whether the underlying Fund or its service providers (e.g., the investment adviser or subadvisers) or its affiliates will make payments to us or our affiliates in connection with certain administrative, marketing, and support services, or whether affiliates of the Fund can provide marketing and distribution support for sales of the Contract. **(For additional information on these arrangements, please refer to the "Revenue from the Funds" subsection of this Prospectus.)** We review the Funds periodically and may, subject to certain limits or restrictions, remove a Fund or limit its availability to new investment if we determine that a Fund no longer satisfies one or more of the selection criteria, and/or if the Fund has not attracted significant allocations under the Contract. We have included certain of the Funds at least in part because they are managed or subadvised by our affiliates.

We do not recommend or endorse any particular Fund, and we do not provide investment advice.

**Fund of Funds**

Certain Funds may be structured as "Fund of Funds" or "master-feeder" Funds. These Funds may have higher fees and expenses than a Fund that invests directly in debt and equity securities because they also incur the fees and expenses of the underlying Funds in which they invest. These Funds may be affiliated Funds, and the underlying Funds in which they invest may be affiliated as well. The Fund prospectuses disclose the aggregate annual operating expenses of each Fund and its corresponding underlying Fund or Funds.

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**Funds With Managed Volatility Strategies**

As described in more detail in the Fund prospectuses, certain Funds employ a managed volatility strategy that is intended to reduce the Fund's overall volatility and downside risk, and to help us manage the risks associated with providing certain guarantees under the Contract. During rising markets, the hedging strategies employed to manage volatility could result in your Account Value rising less than would have been the case if you had been invested in a Fund with substantially similar investment objectives, policies and strategies that does not utilize a volatility management strategy. In addition, the cost of these hedging strategies may have a negative impact on performance. On the other hand, investing in Funds with a managed volatility strategy may be helpful in a declining market with higher market volatility because the hedging strategy will reduce your equity exposure in such circumstances. In such cases, your Account Value may decline less than would have been the case if you had not invested in Funds with a managed volatility strategy. There is no guarantee that a managed volatility strategy can achieve or maintain the Fund's optimal risk targets, and the Fund may not perform as expected.

**Revenue from the Funds**

The Company or its affiliates may receive compensation from each of the Funds or the Funds' affiliates. This revenue may include:

&nbsp;&nbsp;&nbsp;&nbsp;• A
 share of the management fee;

&nbsp;&nbsp;&nbsp;&nbsp;• Service
 fees;

&nbsp;&nbsp;&nbsp;&nbsp;• For
 certain share classes, 12b-1 fees; and

&nbsp;&nbsp;&nbsp;&nbsp;• Additional
 payments (sometimes referred to as revenue sharing).

12b-1 fees are used to compensate the Company and its affiliates for distribution related activity. Service fees and additional payments (sometimes collectively referred to as subaccounting fees) help compensate the Company and its affiliates for administrative, recordkeeping or other services that we provide to the Funds or the Funds' affiliates, such as:

&nbsp;&nbsp;&nbsp;&nbsp;• Communicating
 with customers about their Fund holdings;

&nbsp;&nbsp;&nbsp;&nbsp;• Maintaining
 customer financial records;

&nbsp;&nbsp;&nbsp;&nbsp;• Processing
 changes in customer accounts and trade orders (e.g. purchase and redemption requests);

&nbsp;&nbsp;&nbsp;&nbsp;• Recordkeeping
 for customers, including Subaccounting services;

&nbsp;&nbsp;&nbsp;&nbsp;• Answering
 customer inquiries about account status and purchase and redemption procedures;

&nbsp;&nbsp;&nbsp;&nbsp;• Providing
 account balances, account statements, tax documents and confirmations of transactions in
 a customer's account;

&nbsp;&nbsp;&nbsp;&nbsp;• Transmitting
 proxy statements, annual and semi-annual reports, Fund prospectuses and other Fund communications
 to customers; and

&nbsp;&nbsp;&nbsp;&nbsp;• Receiving,
 tabulating, and transmitting proxies executed by customers.

The management fee, service fees and 12b-1 fees are deducted from Fund assets. Any such fees deducted from Fund assets are disclosed in the Fund prospectuses. Additional payments, which are not deducted from Fund assets and may be paid out of the legitimate profits of Fund advisers and/or other Fund affiliates, do not increase, directly or indirectly, Fund fees and expenses, and we may use these additional payments to finance distribution.

The amount of revenue the Company may receive from each of the Funds or from the Funds' affiliates may be substantial, although the amount and types of revenue vary with respect to each of the Funds offered through the Contract. This revenue is one of several factors we consider when determining Contract fees and charges and whether to offer a Fund through our contracts. **Fund revenue is important to the Company's profitability, and it is generally more profitable for us to offer affiliated Funds than to offer unaffiliated Funds.**

Assets allocated to affiliated Funds, meaning Funds managed by Voya Investments, LLC, or another Company affiliate, generate the largest dollar amount of revenue for the Company. Affiliated Funds may also be subadvised by a Company affiliate or an unaffiliated third party. Assets allocated to unaffiliated Funds, meaning Funds managed by an unaffiliated third party, generate lesser, but still substantial dollar amounts of revenue for the Company. The Company expects to earn a profit from this revenue to the extent it exceeds the Company's expenses, including the payment of sales compensation to our distributors.

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**Revenue Received from Affiliated Funds.** The revenue received by the Company from affiliated Funds may be based either on an annual percentage of average net assets held in the Fund by the Company or a share of the Fund's management fee.

In the case of affiliated Funds subadvised by unaffiliated third parties, any sharing of the management fee between the Company and the affiliated investment adviser is based on the amount of such fee remaining after the subadvisory fee has been paid to the unaffiliated subadviser. Because subadvisory fees vary by subadviser, varying amounts of revenue are retained by the affiliated investment adviser and ultimately shared with the Company. The sharing of the management fee between the Company and the affiliated investment adviser does not increase, directly or indirectly, Fund fees and expenses. The Company may also receive additional compensation in the form of intercompany payments from an affiliated Fund's investment adviser or the investment adviser's parent in order to allocate revenue and profits across the organization. The intercompany payments and other revenue received from affiliated Funds provide the Company with a financial incentive to offer affiliated Funds through the Contract rather than unaffiliated Funds.

Additionally, in the case of affiliated Funds subadvised by third parties, no direct payments are made to the Company or the affiliated investment adviser by the subadvisers. However, subadvisers may provide reimbursement for employees of the Company or its affiliates to attend business meetings or training conferences.

**Revenue Received from Unaffiliated Funds.** Revenue received from each of the unaffiliated Funds, or their affiliates is based on an annual percentage of the average net assets held in that Fund by the Company. Some unaffiliated Funds or their affiliates pay us more than others and some of the amounts we receive may be significant.

If the unaffiliated Fund families currently offered through the Contract that made payments to us were individually ranked according to the total amount they paid to the Company or its affiliates in 2025, in connection with the registered variable annuity contracts issued by the Company, that ranking would be as follows:

• Fidelity<sup>®</sup> Variable
 Insurance Products Funds • Invesco V.I. Funds

• Franklin Templeton Variable Insurance Products
 Trust Funds • Lord Abbett Series Funds

• Calvert Funds

If the revenues received from the affiliated Funds were taken into account when ranking the Funds according to the total dollar amount, they paid to the Company or its affiliates in 2025, the affiliated Funds would be first on the list.

In addition to the types of revenue received from affiliated and unaffiliated Funds described above, affiliated, and unaffiliated Funds and their investment advisers, subadvisers or affiliates may participate at their own expense in Company sales conferences or educational and training meetings. In relation to such participation, a Fund's investment adviser, subadviser or affiliate may help offset the cost of the meetings or sponsor events associated with the meetings. In exchange for these expense offset or sponsorship arrangements, the investment adviser, subadviser or affiliate may receive certain benefits and access opportunities to Company representatives and wholesalers rather than monetary benefits. These benefits and opportunities include, but are not limited to co-branded marketing materials, targeted marketing sales opportunities, training opportunities at meetings, training modules for personnel, and opportunities to host due diligence meetings for representatives and wholesalers.

Please note certain management personnel and other employees of the Company or its affiliates may receive a portion of their total employment compensation based on the amount of net assets allocated to affiliated Funds. **See also "Contract Distribution."**

**Voting Rights**

Each of the Subaccounts holds shares in a Fund and each is entitled to vote at regular and special meetings of that Fund. Under our current view of applicable law, we will vote the shares held by each Subaccount as instructed by persons having a voting interest in the Subaccount. If, however, we determine that we are permitted to vote the shares in our own right, we may do so.

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We will vote shares for which instructions have not been received in the same proportion as those for which we received instructions. Accordingly, it is possible for a small number of persons (assuming there is a quorum) to determine the outcome of a vote.

Each person who has a voting interest in the Separate Account will receive periodic reports relating to the Funds in which he or she has an interest, as well as any proxy materials and a form on which to give voting instructions. Voting instructions will be solicited by a written communication at least 14 days before the meeting.

The number of votes (including fractional votes) you are entitled to direct will be determined as of the record date set by any Fund you invest in through the Subaccounts. The number of votes is equal to the portion of reserves set aside for the contract's share of the Fund, divided by the net asset value of one share of that Fund.

We may restrict or eliminate any voting rights of persons who have voting rights as to the Separate Account.

**Right to Change the Separate Account**

We do not guarantee that each Fund will always be available for investment through the Contract. Subject to certain conditions and restrictions applicable to certain types of retirement plans and state and federal law and the rules and regulations thereunder, we may, from time to time, make any of the following changes to the Separate Account with respect to the class of Contract:

&nbsp;&nbsp;&nbsp;&nbsp;• Offer
 additional Subaccounts that will invest in new Funds or Fund classes we find appropriate
 for contracts we issue;

&nbsp;&nbsp;&nbsp;&nbsp;• Combine
 two or more Subaccounts;

&nbsp;&nbsp;&nbsp;&nbsp;• Close
 Subaccounts. We will provide advance notice by a supplement to this Prospectus if
 we close a Subaccount. If a Subaccount is closed or otherwise is unavailable for new investment,
 unless we receive alternative allocation instructions, all future amounts directed to the
 Subaccount that was closed or is unavailable may be automatically allocated among the other
 available Subaccounts according to the most recent allocation instructions we have on file.
 If the most recent allocation instructions we have on file do not include any available Subaccounts,
 the amount to be allocated will be returned unless we are provided with alternative allocation
 instructions. Alternative allocation instructions can be given by contacting Customer Service **;** 

&nbsp;&nbsp;&nbsp;&nbsp;• Substitute
 a new Fund for a Fund in which a Subaccount currently invests. In the case of a substitution,
 the new Fund may have different fees and charges than the Fund it replaced. A substitution
 may become necessary if, in our judgment:

&nbsp;&nbsp;&nbsp;&nbsp;• A
 Fund no longer suits the purposes of your Contract;

&nbsp;&nbsp;&nbsp;&nbsp;• There
 is a change in laws or regulations;

&nbsp;&nbsp;&nbsp;&nbsp;• There
 is a change in the Fund's investment objectives or restrictions;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 Fund is no longer available for investment; or

&nbsp;&nbsp;&nbsp;&nbsp;• Another
 reason we deem a substitution is appropriate.

&nbsp;&nbsp;&nbsp;&nbsp;• Stop
 selling the Contract;

&nbsp;&nbsp;&nbsp;&nbsp;• Limit
 or eliminate any voting rights for the Separate Account; or

&nbsp;&nbsp;&nbsp;&nbsp;• Make
 any changes required by the 1940 Act or its rules or regulations.

We will not make a change until the change is disclosed in an effective prospectus or prospectus supplement, authorized, if necessary, by an order from the SEC and approved, if necessary, by the appropriate state insurance department(s).

The changes described above do not include those changes that may, if allowed under your plan, be initiated by your Plan Sponsor.

We reserve the right to transfer Separate Account assets to another separate account that we determine to be associated with the class of contracts to which the Contract belongs.

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**Fixed Dollar Option**

For a description of the Fixed Dollar Option that may be available through the Contract, see **AppendiX B**.

**Selecting Investment Options**

When selecting investment options:

&nbsp;&nbsp;&nbsp;&nbsp;• **Choose options appropriate for you.** Your local representative can help you evaluate which Subaccounts
 may be appropriate for your individual circumstances and your financial goals;

&nbsp;&nbsp;&nbsp;&nbsp;• **Understand the risks associated with the options you choose.** Some Subaccounts invest in Funds that
 are considered riskier than others. Funds with additional risks are expected to have a value
 that rises and falls more rapidly and to a greater degree than other Funds. For example,
 Funds investing in foreign or international securities are subject to additional risks not
 associated with domestic investments, and their performance may vary accordingly. Also, Funds
 using derivatives in their investment strategy may be subject to additional risks. Because
 investment risk is borne by you, you should carefully consider any decisions that you make
 regarding investment allocations. You bear the risk of any decline in your Account Value
 resulting from the performance of the Funds you have chosen; and

&nbsp;&nbsp;&nbsp;&nbsp;• **Be informed.** Read this Prospectus , all of the information that is available to you
 regarding the Funds - including each Fund's prospectus, SAI and annual and semi-annual
 reports, the Fund prospectus and the Fixed Dollar Option **Appendix** in this Prospectus .
 After you make your selections, you should monitor and periodically re-evaluate your allocations
 to determine if they are still appropriate.

Furthermore, be aware that there may be:

&nbsp;&nbsp;&nbsp;&nbsp;• **Limits on Option Availability.** Some Subaccounts may not be available through certain Contracts
 and plans. Your Plan Sponsor may also have selected a subset of Variable Investment options
 to be available under your plan; and

&nbsp;&nbsp;&nbsp;&nbsp;• **Transfers Among Variable Investment Options.** You may transfer amounts among the available Subaccounts.
 The Company reserves the right to limit such transfers to 12 in any calendar year and to
 establish a minimum transfer amount. Transfers are not allowed into or out of the Fixed Dollar
 Option, and.

&nbsp;&nbsp;&nbsp;&nbsp;• **Transfer Requests.** Requests may be made, after the Contract is issued, in writing, by telephone
 or, where applicable, electronically at <u>www.voyaretirementplans.com</u>.

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**CHARGES AND FEES**

The charges we assess and the deductions we make under the Contract are in consideration for: (1) the services and benefits we provide; (2) the costs and expenses we incur; and (3) the risks we assume. The charges and fees under the Contract may result in a profit to us.

The following repeats and adds to information provided in the "**Fee Table**" section. Please review both this section and the "**Fee Table**" section for information on fees.

**Transaction Fees**

**Early Withdrawal Charge**

Withdrawals of all or a portion of your Account Value of remaining guaranteed Income Payments may be subject to an early withdrawal charge. In the case of a partial withdrawal, the amount withdrawn from your account will be the amount you specified plus adjustment for any applicable early withdrawal charge. Not all contracts permit withdrawals.

**When/How.** At the time of withdrawal, we deduct this charge from the amount withdrawn.

**Purpose:** This is a deferred sales charge. It reimburses us for some of the sales and administrative expenses associated with the Contract. If our expenses are greater than the amount we collect for the early withdrawal charge, we may use any of our corporate assets, including potential profit that may arise from the mortality and expense risk charges, to make up the difference.

**Amount:** The charge is a percentage of the present value of any remaining guaranteed payments that you withdraw. The percentage will be determined by the early withdrawal charge schedule applicable to your contract. The maximum early withdrawal charge is 7% of the remaining guaranteed payments withdrawn.

**Early Withdrawal Charge Schedule** 

---

| | |
|:---|:---|
| **Number of Years from<br> Contract Effective Date**<sup>\*</sup> | **Early Withdrawal Charge** |
| Fewer than 1<sup>\*</sup><sup>\*</sup><br> 1 or more but fewer than 2<br> 2 or more but fewer than 3<br> 3 or more but fewer than 4<br> 4 or more but fewer than 5<br> 5 or more but fewer than 6<br> 6 or more but fewer than 7<br> 7 or more | 7%<br> 6%<br> 5%<br> 4%<br> 3%<br> 2%<br> 1%<br> 0% |

---

**Internal Exchanges.** In the case of amounts transferred from a prior contract or other arrangement issued or administered by the Company or certain of its affiliates, the "Number of Years from Contract Effective Date" as shown in the above table is calculated from the date of the first Purchase Payment made under the individual's account under the prior contract or if earlier, the effective date of the individual's account under the prior contract or other arrangement. There is no surrender charge under this contract, including on amounts transferred or rolled over as an internal transfer when the prior contract or arrangement imposed a front end load, there was no applicable surrender charge under the prior contract or arrangement, or if the prior contract or arrangement would not have assessed a surrender charge if the money had been transferred to a contract issued by a non–affiliated company.

**Fund Redemption Fees**

<sup>\*</sup> For participants under a group Contract, the early withdrawal charge will be calculated based on the number of years from the certificate effective date. For amounts transferred into this Contract as an internal exchange, see **Internal Exchanges** above.

\*\* Certain contracts do not allow withdrawals during the first Contract Year.

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Certain Funds may impose redemption fees as a result of withdrawals, transfers, or other Fund transactions you initiate. If applicable, we may deduct the amount of any redemption fees imposed by the underlying mutual Funds as a result of withdrawals, transfers or other Fund transactions you initiate and remit such fees back to that Fund. Redemption fees, if any, are separate and distinct from any transaction charges or other charges deducted from your Account Value. For a more complete description of the Funds' fees and expenses, review each Fund's prospectus.

**Periodic Fees and Charges**

**Mortality and Expense Risk Charge**

 ****

**Maximum Amount.** 1.25% annually of values invested in the Subaccounts. We currently charge 0.95% annually.

**When/How.** This fee is deducted daily from the Subaccounts corresponding to the Funds you select.

**Purpose.** This fee compensates us for the mortality and expense risks we assume under the Contract, namely:

&nbsp;&nbsp;&nbsp;&nbsp;• Mortality
 risks are those risks associated with our promise to make lifetime Income Payments based
 on annuity rates specified in the Contract and our funding of the death benefits (including
 any guaranteed death benefits) and other payments we make to owners or Beneficiaries of the
 accounts; and

&nbsp;&nbsp;&nbsp;&nbsp;• Expense
 risk is the risk that the actual expenses we incur under the Contract will exceed the maximum
 costs that we can charge.

If the amount we deduct for this fee is not enough to cover our mortality costs and expenses under the Contract, we will bear the loss. We may use any excess to recover distribution costs relating to the Contract and as a source of profit. We expect to earn a profit from this fee.

**Administrative Expense Charge**

**Maximum Amount.** We currently do not charge an administrative expense charge. We reserve, however, the right to charge up to 0.25% annually of values invested in the Subaccounts.

**When/How.** If imposed, we deduct this charge daily from the Subaccounts corresponding to the funds you select.

**Purpose.** This charge helps defray the cost of providing administrative services under the Contract and in relation to the Separate Account and Subaccounts.

**Five-Year Guaranteed Minimum Income Charge**

This additional charge is assessed only if you select the five–year guaranteed minimum income feature.

**Amount:** 1.00% annually of values invested in the subaccounts until the five–year guarantee period has ended.

**When/How.** We deduct this charge daily from the Subaccounts corresponding to the funds you select. This charge will be assessed only during the first five contract years.

**Purpose.** This charge compensates us for the additional mortality and expense risks we assume by guaranteeing minimum Income Payments. For additional information regarding those risks, see "**Mortality and Expense Risk Charge – Purpose**" in this section.

**Reduction or Elimination of Certain Fees**

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When sales of the Contract are made to individuals or a group of individuals in a manner that results in savings of sales or administration expenses, we may reduce or eliminate the early withdrawal charge or mortality and expense risk charge. Our decision to reduce or eliminate either of these charges will be based on one or more of the following:

&nbsp;&nbsp;&nbsp;&nbsp;• The
 size and type of group of individuals to whom the Contract is issued;

&nbsp;&nbsp;&nbsp;&nbsp;• A
 prior or existing relationship with the Company, such as being an employee or former employee
 of the Company or one of its affiliates, receiving distributions or making transfers from
 other contracts or arrangements offered by us or one of our affiliates, or transferring amounts
 held under qualified plans sponsored by the Company or an affiliate; or

&nbsp;&nbsp;&nbsp;&nbsp;• The
 type and frequency of administrative and sales services to be provided.

The reduction or elimination of any of these charges will not be unfairly discriminatory against any person and will be done according to our rules in effect at the time the Contract is issued. We reserve the right to change these rules from time to time. The right to reduce or eliminate any of these charges may be subject to state approval.

***Fund Fees and Expenses***

Charges are deducted from and expenses paid out of the assets of the Funds that are described in their respective prospectuses. Each Fund deducts management/investment advisory fees from the amounts allocated to the Fund. In addition, each Fund deducts other expenses, which may include service fees that may be used to compensate service providers, including the Company and its affiliates, for administrative and contract holder services provided on behalf of the Fund. Furthermore, certain Funds deduct a distribution or 12b-1 fee, which is used to finance any activity that is primarily intended to result in the sale of Fund shares. Fund fees and expenses are deducted from the value of the Fund shares on a daily basis, which in turn affects the value of each Subaccount that purchases Fund shares. Fund fees and expenses are one factor that impacts the value of a Fund's shares. **To learn more about Fund fees and expenses, the additional factors that can affect the value of a Fund's shares and other important information about the Funds, refer to the Fund prospectuses.**

Less expensive share classes of the Funds offered through this Contract may be available for investment outside of this Contract. You should evaluate the expenses associated with the Funds available through this Contract before making a decision to invest.

**Premium and Other Taxes**

**Maximum Amount.** Some states and municipalities charge a premium tax on annuities. These taxes currently range from 0% to 3.5%, depending upon the jurisdiction.

**When/How.** Our current practice is to reflect the cost of premium taxes in our Income Payment rates. We reserve the right, however, to deduct a charge for premium taxes from your Purchase Payment on the Contract effective date. We will not deduct a charge for any municipal premium tax of 1% or less, but we reserve the right to reflect such an expense in our annuity purchase rates. Unless directed otherwise, we will deduct any premium tax charges proportionately from the Subaccounts and Fixed Dollar Option in which you are invested.

In addition, we reserve the right to assess a charge for any federal taxes due against the Separate Account. **See "FEDERAL Tax Considerations."**

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**THE CONTRACT**

When considering whether to purchase or participate in the Contract, you should consult with your financial representative about your financial goals, investment time horizon and risk tolerance.

Some plans under Tax Code Sections 401 and 403(b) are subject to Title I of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"). The Contract Holder must notify the Company whether Title I of ERISA applies to the plan.

Under the federal tax laws, earnings on amounts held in annuity contracts are generally not taxed until they are withdrawn. However, in the case of a qualified retirement account (such as a 401(a), 401(k), 403(b) or 457(b) plan), an annuity contract is not necessary to obtain this favorable tax treatment and does not provide any tax benefits beyond the deferral already available to the tax qualified account itself. Annuities do provide other features and benefits (such as guaranteed death benefits under some contracts or the option of lifetime income phase options at established rates) that may be valuable to you. You should discuss your alternatives with your financial representative taking into account the additional fees and expenses you may incur in an annuity. **See "Contract Purchase and Participation."**

Certain features and benefits may vary depending on the state in which your Contract is issued, and any such material state variations are disclosed in the discussion of the features and benefits in the Prospectus. Variations in contract benefits or features described in this Prospectus may be imposed without our knowledge by some financial institutions or broker-dealers through which the Contract was sold. For example, your financial professional may not recommend a particular Portfolio or contract benefit to you or your plan. Because of the breadth of our distribution network, our agreements with our distribution partners and the fact that the Contract is an older legacy annuity product that has not been offered for sale for a significant period of time, we cannot obtain pertinent information regarding such variations without unreasonable effort and expense. If you have any questions about any limitations, restrictions, or other variations related to the Portfolios, contract benefits or other contract features available to you, please reach out to your financial institution or broker-dealer.

**Contract Ownership and Rights**

For individual and group master contracts issued in connection with 401 and 457 plans, the Plan Sponsor is the Contract Holder and holds the rights under the Contract. Section 401 and 457 Plan Sponsors may allow their participants to exercise certain limited contract rights. For example, a Section 401 or 457 Plan Sponsor has the right to make investment selections but may permit their individual participants to exercise that right. For individual contracts issued on a nonqualified basis and those issued in connection with 408(b) and most 403(b) retirement plans, the individual is the Contract Holder and holds all contract rights. In situations where an individual or group master contract is issued to the Plan Sponsor of a 403(b) plan, the participant generally holds all contract rights. However, pursuant to Treasury Department regulations that were generally effective on January 1, 2009, the exercise of certain of these rights may require the consent and approval of the contract holder or its delegate. We reserve the right to modify the Contract to comply with these regulations where allowed, or where required by law. **See "FEDERAL Tax Considerations – Distributions – Eligibility – 403(b) Plans."**

**Death Benefit.** The Contract provides a death benefit in the event of your death. If any Guaranteed Income payments remain to be paid at the time of the death of the Annuitant or both Annuitants, if applicable, they may be paid to the Beneficiary named under the Contract (the "Contract Beneficiary").

**Transfer of Ownership**

Ownership of the Contract may be changed to the extent permitted by law. You should immediately notify us, in writing, of any change in ownership. No such ownership change will be binding until such notification is received and recorded at our Customer Service. We reserve the right to reject transfer of ownership to a non–natural person. A transfer of ownership may have tax consequences and you should consult with a tax adviser before transferring ownership of the Contract.

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**The Variable Income Payments**

The amount of any variable Income Payment is determined by multiplying the number of Annuity Units that you hold by an Annuity Unit Value for each unit.

**Annuity Units.** When you select variable Income Payments, your initial Purchase Payment purchases Annuity Units of the Separate Account Subaccounts corresponding to the Funds you select. The number of units purchased is based on your Purchase Payment amount and the value of each unit on the day the Purchase Payment is invested. Generally, the number of units will not vary over the life of the Contract, but the value of each unit will vary daily based on the performance of the underlying fund and deduction of fees. Some events may result in a change in the number of units, including withdrawals, death of an Annuitant if a reduction in payment to a surviving annuitant was selected, transfers among Subaccounts, or a change in a guaranteed payment period. While the number of units may change if you transfer among Subaccounts or make a change in a guaranteed payment period, the current value of your Contract will not change as a result of either of these events.

**Annuity Unit Value.** The value of each Annuity Unit in a Subaccount is called the Annuity Unit Value ("AUV"). The AUV varies daily in relation to the underlying fund's investment performance. The AUV also reflects daily deductions for Fund fees and expenses, the mortality and expense risk charge, the administrative expense charge, if any, and the guaranteed minimum income charge, if applicable. We discuss these deductions in more detail in "**Fee Table**" and "**CHARGES AND Fees**."

**Valuation.** We determine the AUV every normal business day that the NYSE is open, after the close of the NYSE (normally at 4:00 p.m. Eastern Time). At that time, we calculate the current AUV by multiplying the AUV last calculated by the Net Return Factor of the Subaccount, and by a factor to reflect the Assumed Annual Net Return Rate. The Net Return Factor measures the investment performance of the Subaccount from one valuation to the next. The assumed annual net return rate will be either 3.5% or 5%, as you select. **Currently, we are only offering an assumed annual net return rate of 3.5%.**

Current AUV = Prior AUV x Net Return Factor x

Assumed Annual Net Return Rate Factor

**Net Return Factor.** The Net Return Factor for a Subaccount between two consecutive valuations equals the sum of 1.0000 plus the Net Return Rate.

**Net Return Rate.** The Net Return Rate is computed according to a formula that is equivalent to the following:

&nbsp;&nbsp;&nbsp;&nbsp;• The
 net assets of the Fund held by the Subaccount as of the current valuation; minus

&nbsp;&nbsp;&nbsp;&nbsp;• The
 net assets of the Fund held by the Subaccount at the preceding valuation; plus, or minus

&nbsp;&nbsp;&nbsp;&nbsp;• Taxes
 or provisions for taxes, if any, due to Subaccount operations (with any federal income tax
 liability offset by foreign tax credits to the extent allowed); divided by

&nbsp;&nbsp;&nbsp;&nbsp;• The
 total value of the Subaccount's units at the preceding valuation; and minus

&nbsp;&nbsp;&nbsp;&nbsp;• A
 daily deduction for the mortality and expense risk charge, the administrative expense charge,
 if any, and the Guaranteed Minimum Income charge, if applicable. **See "CHARGES AND Fees ."** 

The net investment rate may be either positive or negative.

**Contract Provisions and Limitations**

**Telephone and Electronic Transactions: Security Measures.** To prevent fraudulent use of telephone and electronic transactions (including, but not limited to, internet transactions), we have established security procedures. These include recording calls on our toll-free telephone lines and requiring use of a unique identifier or personal password. You are responsible for keeping your unique identifier or personal password and account information confidential. If we fail to follow reasonable security procedures, we may be liable for losses due to unauthorized or fraudulent telephone or other electronic transactions. We are not liable for losses resulting from following telephone or electronic instructions we believe to be genuine. If a loss occurs when we rely on such instructions, you will bear the loss.

**Tax Code Restrictions**

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The Tax Code places some limitations on contributions to your account. **See "FEDERAL Tax Considerations."**

**The General Account**

All guarantees and benefits provided under the Contract that are not related to the Separate Account are subject to the claims paying ability and financial strength of the Company and our General Account.

The following obligations under the Contract are funded by the General Account which supports our insurance and annuity obligations:

&nbsp;&nbsp;&nbsp;&nbsp;• Amounts
 allocated to the Fixed Dollar option;

&nbsp;&nbsp;&nbsp;&nbsp;• Amounts
 funding fixed Income Payments; and

&nbsp;&nbsp;&nbsp;&nbsp;• Death
 benefit payments held in an interest bearing retained asset account.

**Contract Modification**

We may change the Contract as required by federal or state law or as otherwise permitted in the Contract. Certain changes will require the approval of appropriate state or federal regulatory authorities.

**Limits on Frequent or Disruptive Transfers**

The Contract is not designed to serve as a vehicle for frequent transfers. Frequent transfer activity can disrupt management of a Fund and raise its expenses through:

&nbsp;&nbsp;&nbsp;&nbsp;• Increased
 trading and transaction costs;

&nbsp;&nbsp;&nbsp;&nbsp;• Forced
 and unplanned portfolio turnover;

&nbsp;&nbsp;&nbsp;&nbsp;• Lost
 opportunity costs; and

&nbsp;&nbsp;&nbsp;&nbsp;• Large
 asset swings that decrease the Fund's ability to provide maximum investment return
 to all Contract Owners and participants.

This in turn can have an adverse effect on Fund performance. **Accordingly, individuals or organizations that use market-timing investment strategies or make frequent transfers should be aware that:**

&nbsp;&nbsp;&nbsp;&nbsp;• **We suspend the Electronic Trading Privileges, as defined below, of any individual or organization if we determine, in our sole discretion, that the individual's or organization's transfer activity is disruptive or not in the best interest of other owners of our variable insurance and retirement products, or the participants in such products; and** 

&nbsp;&nbsp;&nbsp;&nbsp;• **Each underlying Fund may limit or restrict Fund purchases, and we will implement any limitation or restriction on transfers to an underlying Fund as directed by that underlying Fund.** 

**Consequently, individuals or organizations that use market-timing investment strategies or make frequent transfers should not purchase or participate in the Contract.**

**Excessive Trading Policy**

We and the other members of the Voya family of companies that provide multi-Fund variable insurance and retirement products have adopted a common Excessive Trading Policy to respond to the demands of the various Fund families that make their Funds available through our products to restrict excessive Fund trading activity and to ensure compliance with Rule 22c-2 of the 1940 Act.

We actively monitor Fund transfer and reallocation activity within our variable insurance products to identify violations of our Excessive Trading Policy. Our Excessive Trading Policy is violated if Fund transfer and reallocation activity:

&nbsp;&nbsp;&nbsp;&nbsp;• Meets
 or exceeds our current definition of Excessive Trading, as defined below; or

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&nbsp;&nbsp;&nbsp;&nbsp;• Is
 determined, in our sole discretion, to be disruptive or not in the best interests of other
 owners of our variable insurance and retirement products, or participants in such products.

We currently define "Excessive Trading" as:

&nbsp;&nbsp;&nbsp;&nbsp;• More
 than one purchase and sale of the same Fund (including money market Funds) within a 60-calendar
 day period (hereinafter, a purchase and sale of the same Fund is referred to as a "round-trip").
 This means two or more round-trips involving the same Fund within a 60 calendar day period
 would meet our definition of Excessive Trading; or

&nbsp;&nbsp;&nbsp;&nbsp;• Six
 round-trips involving the same Fund within a rolling 12 month period.

The following transactions are excluded when determining whether trading activity is excessive:

&nbsp;&nbsp;&nbsp;&nbsp;• Purchases
 or sales of shares related to non-Fund transfers (for example, new Purchase Payments, withdrawals
 and loans);

&nbsp;&nbsp;&nbsp;&nbsp;• Transfers
 associated with any scheduled dollar cost averaging, scheduled rebalancing, or scheduled
 asset allocation programs;

&nbsp;&nbsp;&nbsp;&nbsp;• Purchases
 and sales of Fund shares in the amount of $5,000 or less;

&nbsp;&nbsp;&nbsp;&nbsp;• Purchases
 and sales of Funds that affirmatively permit short-term trading in their Fund shares, and
 movement between such Funds and a money market Fund; and

&nbsp;&nbsp;&nbsp;&nbsp;• Transactions
 initiated by us, another member of the Voya family of companies, or a Fund.

If we determine that an individual or entity has made a purchase of a Fund within 60 days of a prior round-trip involving the same Fund, we will send them a letter warning that another sale of that same Fund within 60 days of the beginning of the prior round-trip will be deemed to be Excessive Trading and result in a six month suspension of their ability to initiate Fund transfers or reallocations through the Internet, facsimile, Voice Response Unit ("VRU"), telephone calls to Customer Service or other electronic trading medium that we may make available from time to time ("Electronic Trading Privileges"). Likewise, if we determine that an individual or entity has made five round-trips involving the same Fund within a rolling 12-month period, we will send them a letter warning that another purchase and sale of that same Fund within 12 months of the initial purchase in the first round-trip will be deemed to be Excessive Trading and result in a suspension of their Electronic Trading Privileges. According to the needs of the various business units, a copy of any warning letters may also be sent, as applicable, to the person(s) or entity authorized to initiate Fund transfers or reallocations, the agent/registered representative, or the investment adviser for that individual or entity. A copy of the warning letters and details of the individual's or entity's trading activity may also be sent to the Fund whose shares were involved in the trading activity.

If we determine that an individual or entity has violated our Excessive Trading Policy, we will send them a letter stating that their Electronic Trading Privileges have been suspended for a period of six months. Consequently, all Fund transfers or reallocations, not just those that involve the Fund whose shares were involved in the activity that violated our Excessive Trading Policy, will then have to be initiated by providing written instructions to us via regular U.S. mail. Suspension of Electronic Trading Privileges may also extend to products other than the product through which the Excessive Trading activity occurred. During the six-month suspension period, electronic "inquiry only" privileges will be permitted where and when possible. A copy of the letter restricting future transfer and reallocation activity to regular U.S. mail and details of the individual's or entity's trading activity may also be sent, as applicable, to the person(s) or entity authorized to initiate Fund transfers or reallocations, the agent/registered representative or investment adviser for that individual or entity, and the Fund whose shares were involved in the activity that violated our Excessive Trading Policy.

Following the six-month suspension period during which no additional violations of our Excessive Trading Policy are identified, Electronic Trading Privileges may again be restored. We will continue to monitor the Fund transfer and reallocation activity, and any future violations of our Excessive Trading Policy will result in an indefinite suspension of Electronic Trading Privileges. A violation of our Excessive Trading Policy during the six-month suspension period will also result in an indefinite suspension of Electronic Trading Privileges.

We reserve the right to suspend Electronic Trading Privileges with respect to any individual or entity, with or without prior notice, if we determine, in our sole discretion, that the individual's or entity's trading activity is disruptive or not in the best interests of other owners of our variable insurance and retirement products, or participants in such products, regardless of whether the individual's or entity's trading activity falls within the definition of Excessive Trading set forth above.

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Our failure to send or an individual's or entity's failure to receive any warning letter or other notice contemplated under our Excessive Trading Policy will not prevent us from suspending that individual's or entity's Electronic Trading Privileges or taking any other action provided for in our Excessive Trading Policy.

The Company does not allow exceptions to our Excessive Trading Policy. We reserve the right to modify our Excessive Trading Policy, or the policy as it relates to a particular Fund, at any time without prior notice, depending on, among other factors, the needs of the underlying Fund(s), the best interests of Contract Owners, participants, and Fund investors, and/or state or federal regulatory requirements. If we modify our policy, it will be applied uniformly to all Contract Owners and participants or, as applicable, to all Contract Owners and participants investing in the underlying Fund.

Our Excessive Trading Policy may not be completely successful in preventing market-timing or excessive trading activity. If it is not completely successful, Fund performance and management may be adversely affected, as noted above.

**Limits Imposed by the Underlying Funds**

Each underlying Fund available through the variable insurance and retirement products offered by us and/or the other members of the Voya family of companies, either by prospectus or stated policy, has adopted or may adopt its own excessive/frequent trading policy, and orders for the purchase of Fund shares are subject to acceptance or rejection by the underlying Fund. We reserve the right, without prior notice, to implement Fund purchase restrictions and/or limitations on an individual or entity that the Fund has identified as violating its excessive/frequent trading policy and to reject any allocation or transfer request to a Subaccount if the corresponding Fund will not accept the allocation or transfer for any reason. All such restrictions and/or limitations (which may include, but are not limited to, suspension of Electronic Trading Privileges and/or blocking of future purchases of a Fund or all Funds within a Fund family) will be done in accordance with the directions we receive from the Fund.

**Agreements to Share Information with Fund Companies**

As required by Rule 22c-2 under the 1940 Act, we have entered into information sharing agreements with each of the Fund companies whose Funds are offered through the Contract. Contract Owner and participant trading information is shared under these agreements as necessary for the Fund companies to monitor Fund trading and our implementation of our Excessive Trading Policy. Under these agreements, the Company is required to share information regarding Contract Owner and participant transactions, including but not limited to information regarding Fund transfers initiated by you. In addition to information about Contract Owner and participant transactions, this information may include personal Contract Owner and participant information, including names and social security numbers or other tax identification numbers.

As a result of this information sharing, a Fund company may direct us to restrict a Contract Owner or participant's transactions if the Fund determines that the Contract Owner or participant has violated the Fund's excessive/frequent trading policy. This could include the Fund directing us to reject any allocations of Purchase Payments or Account Value to the Fund or all Funds within the Fund family.

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**THE INCOME PAYMENTS**

Under the Contract, we will make regular Income Payments to you or to a payee you designate in writing.

**Initiating Income Payments**

To initiate Income Payments, you must make the following selections on your application or enrollment form:

&nbsp;&nbsp;&nbsp;&nbsp;• Payment
 Start date;

&nbsp;&nbsp;&nbsp;&nbsp;• Payment
 frequency (i.e., monthly, quarterly, semi-annually or annually);

&nbsp;&nbsp;&nbsp;&nbsp;• Income
 payment option and any special features, such as a right to withdraw or the Five–Year
 Guaranteed Minimum Income Feature<sup>\*;</sup>

&nbsp;&nbsp;&nbsp;&nbsp;• Fixed,
 variable or a combination of both fixed and variable payments;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 subaccounts to allocate your purchase payment among (only if variable payments are elected);
 and

&nbsp;&nbsp;&nbsp;&nbsp;• An
 assumed annual net return rate (only if variable payments are elected).

**\*If you select the Five -Year Guaranteed Minimum Income Feature, you may not make any withdrawals.**

Your sales representative can help you consider what selections may be appropriate for your financial goals. Generally, your selections may not be changed after the contract is issued. Some changes, such as transfers among subaccounts, may be allowed. Payments need to conform to minimum distribution requirements if applicable.

**Amount of Income Payments**

Some of the factors that may affect the amount of your Income Payments include your age, gender, the amount of your Purchase Payment, the Income Payment option selected, the number of guaranteed income payments, if any, whether you select fixed, variable or a combination of both fixed and variable payments, the assumed annual net return rate selected.

**Payment Due Dates.** You will generally receive your first Income Payment on the last day of the selected payment period. For example, if you elect to receive one payment a year, we will make the payment on the day before the anniversary of the Contract effective date. An alternative first payment date may be elected subject to our approval and in compliance with the Tax Code and regulations thereunder.

**Minimum Payment Amounts.** For all payment options, the initial Income Payment must be at least $50 per month, or total yearly payments of at least $250.

**Fixed Income Payments.** If you select fixed payments, your Purchase Payment will be applied to the Fixed Dollar Option and the amount of your payments will not vary. Except where noted, this Prospectus describes only the variable investment options. The Fixed Dollar Option is described in **APPENDIX B**.

**Assumed Net Investment Rate.** If you select variable Income Payments, we will apply an Assumed Annual Net Return Rate of 3.5%. We reserve the right to also offer an Assumed Annual Net Return Rate of 5%, in which case, you must select an Assumed Annual Net Return Rate of either 5% or 3.5%. If you do not select an Assumed Annual Net Return Rate, the default will be a 3.5% Annual Net Return Rate. **Currently, we are only offering an assumed annual net return rate of 3.5%.**

For contracts issued with an Assumed Annual Net Return Rate of 5%, your first Income Payment will be higher, but subsequent payments will increase only if the investment performance of the Subaccounts you selected is greater than 5% annually, after deduction of fees. Payment amounts will decline if the investment performance is less than 5%, after deduction of fees.

For contracts issued with an Assumed Annual Net Return Rate of 3.5%, your first Income Payment will be lower, but subsequent payments will increase more rapidly and decline more slowly depending upon the investment performance of the Subaccounts you selected.

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For more information about selecting an Assumed Annual Net Return Rate, call Customer Service for a copy of the SAI.

**Five–Year Guaranteed Minimum Income Feature.** You may select this feature at issue. If you select this feature, we guarantee that during the first five contract years your variable payment will never be less than the Guaranteed Minimum Payment amount shown in the Contract. The Guaranteed Minimum Payment amount equals 90% of your estimated initial payment. If the variable Annuity Minimum Income Guarantee has been chosen or assumed, an Assumed Annual Net Return Rate of 3.5% will apply.

**No Withdrawals.** If you select the Five-Year Guaranteed Minimum Income Feature, you may not make any withdrawals under the Contract.

**Estimated Initial Payment Amount.** On the date we issue the Contract we estimate the amount of your initial payment based on the value of the annuity units your Payment Purchases on that date. **See "*The Variable Income Payments*–Annuity Units."** Your Guaranteed Minimum Payment amount equals 90% of this estimated amount.

This feature requires that you select at issue:

&nbsp;&nbsp;&nbsp;&nbsp;• A
 lifetime payment option or a nonlifetime payment option of 15 years or more;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 ability to make withdrawals;

&nbsp;&nbsp;&nbsp;&nbsp;• 100%
 variable payments;

&nbsp;&nbsp;&nbsp;&nbsp;• A
 3.5% assumed annual net return rate; and

&nbsp;&nbsp;&nbsp;&nbsp;• Funds
 from the following list:

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;• Calvert VP SRI Balanced Portfolio <br> • Fidelity<sup>®</sup> VIP Equity–Income Portfolio<sup>SM</sup><br> • Invesco V.I. Core Equity Fund<br> • Voya Balanced Income Portfolio<sup>1</sup><br> • Voya Government Money Market Portfolio<br> • Voya Growth and Income Portfolio <br> • Voya Index Plus LargeCap Portfolio <br> • Voya Intermediate Bond Portfolio <br> • Voya Large Cap Value Portfolio  | &nbsp;&nbsp;&nbsp;&nbsp;• Voya Russell<sup>TM</sup> Large Cap Index Portfolio<br> • Voya Solution Aggressive Portfolio<br> • Voya Solution Balanced Portfolio<br> • Voya Solution Conservative Portfolio<br> • VY<sup>®</sup> Columbia Real Estate Portfolio<sup>2</sup><br> • VY<sup>®</sup> Invesco Comstock Portfolio<br> • VY<sup>®</sup> Invesco Equity and Income Portfolio <br> • VY<sup>®</sup> T. Rowe Price Equity Income Portfolio |

---

If you select this feature, you may transfer only between these available funds.

Certain age restrictions may also apply.

In addition to other Contract charges, if you select this feature, the guaranteed minimum income charge will apply for the first five contract years. **See "Fees."**

---

| |
|:---|
| <sup>1</sup> |
| <sup>2</sup> Effective January 21, 2026, the VY<sup>®</sup> CBRE Real Estate Portfolio changed its name to the VY<sup>®</sup> Columbia Real Estate Portfolio. |

---

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**Contracts With the Five-Year Guaranteed Minimum Income Feature:**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Example A: If you withdraw your entire Account Value at the end of the applicable time period:** | **<u>1 Year</u>**<br> $9,473 | **<u>3 Years</u>**<br> $12,457 | **<u>5 Years</u>**<br> $15,485 | **<u>10 Years</u>**<br> $19,909 |
| **Example A: If you withdraw your entire Account Value at the end of the applicable time period:** |  |  |  |  |
| **Example B: If you do not withdraw your entire Account Value or if you select an Income Payment option at the end of the applicable time period:**<sup>\*</sup> | **<u>1 Year</u>**<br> $2,281 | **<u>3 Years</u>**<br> $7,033 | **<u>5 Years</u>**<br> $12,049 | **<u>10 Years</u>**<br> $19,909 |

---

**Start Date.** The Contract is designed to be viewed as an immediate annuity contract under the Tax Code. For nonqualified contracts you may elect to delay your Income Payment start date for up to 12 months following purchase of the Contract. See "**FEDERAL Tax Considerations**" for rules applicable where death occurs before the annuity starting date under a nonqualified annuity. Consult a tax and/or legal adviser before electing a delay. Annuity payments under a qualified contract must meet the required beginning date applicable to your plan.

**Taxation.** The Tax Code has rules regarding income payments. For example, for qualified contracts, guaranteed payments may not extend beyond (a) the estimated life expectancy of the annuitant or (b) the joint life expectancies of the annuitant and beneficiary. Payments must comply with the minimum distribution requirements of Tax Code Section 401(a)(9). In some cases, tax penalties will apply if rules are not followed. **For tax rules that may apply to the Contract see "FEDERAL Tax Considerations."**

<sup>\*</sup> This example will not apply if a nonlifetime payment option is elected with variable payments and a lump-sum payment is requested within a certain number of years as specified in the Contract. In that case, the lump-sum payment is treated as a withdrawal and may be subject to an early withdrawal charge. (Refer to Example A.)

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**Income Payment Options**

The following table lists the Income Payment options and their accompanying death benefits and rights to withdraw.

If your Contract is a Qualified Contract, not all of the payment options will satisfy Required Minimum Distribution rules. Consult a tax adviser before electing a payout option. The Tax Code and/or some contracts may restrict the options and the terms available to you and/or your Beneficiary. **See "FEDERAL Tax Considerations."** We may offer additional Income Payment options under the Contract from time to time.

---

| | |
|:---|:---|
| **Lifetime Income Payment Options** | **Lifetime Income Payment Options** |
| Life Income | **Length of Payments:** For as long as the Annuitant lives. It is possible that no payment will be made it the Annuitant dies prior to the first payment's due date.<br> **Death Benefit-None:** All payments end upon the Annuitant's death.<br> **Right to Withdraw-None.** |
| Life Income ‒ Guaranteed Payments | **Length of Payments:** For as long as the Annuitant lives, with payments guaranteed for your choice of five-50 years<sup>\*</sup> (or other periods we may make available at the time you select this option).<br> **Death Benefit-Payment to the Beneficiary:** If the Annuitant dies before we have made all the guaranteed payments, payments will continue to the Beneficiary.<br> **Right to Withdraw:** At the time of purchase, you may elect the right to withdraw all or a portion of any remaining guaranteed payments (some restrictions apply, see "**Withdrawals**.") |
| Life Income ‒ Two Lives | **Length of Payments:** For as long as either Annuitant lives. It is possible that no payment will be made it both Annuitant and joint Annuitant die before the first payment's due date.<br> **Continuing Payments:** When you select this option you will also choose either:<br> • Full or reduced payments to continue to the surviving Annuitant after the first Annuitant's death; or<br> • 100% of the payment to continue to the Annuitant on the joint Annuitant's death, and a reduced payment to continue to the joint Annuitant on the Annuitant's death.<br> **Death Benefit-None:** All payments end upon the death of both Annuitants.<br> **Right to Withdraw-None.** |
| Life Income ‒ Two Lives ‒ Guaranteed Payments | **Length of Payments:** For as long as either Annuitant lives, with payments guaranteed for your choice of five-50 years<sup>\*</sup> (or other periods we may make available at the time you select this option).<br> **Continuing Payments:** 100% of the payment to continue to the surviving Annuitant after the first Annuitant's death.<br> **Death Benefit ‒ Payment to the Beneficiary:** If both Annuitants die before the guaranteed payments have all been paid, payments will continue to the Beneficiary.<br> **Right to Withdraw:** At the time of purchase, you may elect the right to withdraw all or a portion of any remaining guaranteed payments (some restrictions apply, see "**WITHDRAWALS**.") |
| **Nonlifetime Payment Option** | **Nonlifetime Payment Option** |
| Nonlifetime -<br> Guaranteed<br> Payments | **Length of Payments:** Payments will continue for your choice of five-50 years<sup>\*</sup> (or other periods we may make available at the time you select this options).<br> **Death Benefit ‒ Payment to the Beneficiary:** If the Annuitant dies before we make all the guaranteed payments, payments will continue to the Beneficiary.<br> **Right to Withdraw:**<br> • If you are receiving variable Income Payments, you may withdraw all or a portion of any remaining guaranteed payments at any time.<br> • If you elect to receive fixed Income Payments at the time of purchase, you may elect the right to withdraw all or a portion of any remaining guaranteed payments (some restrictions apply, see "**Withdrawals**.") |

---

<sup>\*</sup> For qualified contracts, a guaranteed payment period may not extend beyond your life expectancy or age 100 whichever is earlier. For nonqualified contracts, a guaranteed payment period may not extent beyond age 100.

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**Right to Change Guaranteed Payment Period**

If you are receiving payments under a nonlifetime payment option, you may shorten or lengthen the period for which the guaranteed payments will be made or change to a lifetime payment option, subject to the following:

&nbsp;&nbsp;&nbsp;&nbsp;• You
 may make the change on any contract anniversary beginning on the second contract anniversary;

&nbsp;&nbsp;&nbsp;&nbsp;• Any
 change request must be in writing and received by us in Good Order within 30 days prior to
 the contract anniversary;

&nbsp;&nbsp;&nbsp;&nbsp;• A
 guaranteed payment period may be shortened to a period not less than ten years from the contract
 effective date;

&nbsp;&nbsp;&nbsp;&nbsp;• For
 nonqualified Contracts, a guaranteed payment period may be lengthened to a period not greater
 than 50 years from the Contract effective date or age 100, whichever is earlier;

&nbsp;&nbsp;&nbsp;&nbsp;• For
 qualified Contracts, a guaranteed payment period may not extend beyond your life expectancy
 or age 100, whichever is earlier;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 withdrawal value on the contract anniversary of the change, along with current benefit rates
 in effect at that time, will be used to determine the amount of the new annuity payments
 (see **" Withdrawals – *Withdrawal Value* "**); and

&nbsp;&nbsp;&nbsp;&nbsp;• We
 will terminate your withdrawal rights if a life annuity option is chosen.

The right to change a payment period is available for both fixed and variable payments. The right to change a payment period may not be available in all states. Certain other conditions and restrictions may apply.

A change to a lifetime payment option and any change in the guaranteed payment period may have an impact on the amount of each payment and the amount of each payment that is taxable. For advice about how any such change will affect your taxes, consult your tax and/or legal adviser.

**BENEFITS AVAILABLE UNDER THE CONTRACT**

The following table summarizes information about the benefits available under the Contract:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Is Benefit Standard or Optional** | **Maximum Fee** | **Brief Description of Restrictions/Limitations** |
| **Account Value Death Benefit** | Pays a death benefit applicable to variable Income Payments. | Standard | No additional fee for this death benefit. | &nbsp;&nbsp;&nbsp;&nbsp;If your Contract is issued under any of the following Income Payment options, a death benefit may be payable to any surviving joint annuitants:<br> • Life Income - Guaranteed Payments;<br> • Life Income - Two Lives - Guaranteed Payments; or<br> • Nonlifetime - Guaranteed Payments.<br>|
| **Five-Year Guaranteed Minimum Income Feature** | Guarantees that during the first five contract years your variable payment will never be less than the Guaranteed Minimum Payment amount shown in the Contract. | Optional | If the variable Annuity Minimum Income Guarantee has been chosen or assumed, an Assumed Annual Net Return Rate of 3.5% will apply. | If you select the Five-Year Guaranteed Minimum Income Feature, you may not make any withdrawals under the Contract. The benefit may not be available under your Contract. Participants should refer to their plan documents for available benefits. |

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**DEATH BENEFIT**

The following describes the death benefit applicable to variable income payments. These are also outlined under "**Income Payments** **– Payment Options**." For information on the death benefit applicable to the Fixed Dollar option, refer to **APPENDIX B**.

See "**Income Payments**" for a definition of annuitant and beneficiary as used in this section.

**Payment of Death Benefit.** Upon the death of the annuitant and any surviving joint annuitant, if applicable, a death benefit may be payable if your contract is issued under any of the following income payment options:

1. Life
 Income – Guaranteed Payments;

&nbsp;&nbsp;&nbsp;&nbsp;2. Life
 Income – Two Lives – Guaranteed Payments; or

3. Nonlifetime
– Guaranteed Payments.

Any death benefit will be paid in the form specified in the Contract and will be distributed at least as rapidly as under the method of distribution in effect upon the date of death. See "**FEDERAL Tax Considerations**" for rules where you have elected to delay your payment start date under a nonqualified annuity and you die before the Income Payment start date. Under payment options 1 and 2 above, a lump–sum payment of the present value of any death benefit may be requested within six months following the date of death. A lump–sum payment may be requested at any time (even after the six-month period) if you had elected the right to withdraw. Under payment option 3 above, a lump–sum payment of the present value of any death benefit may be requested at any time. If a lump–sum payment is requested, no early withdrawal charge is applied, and payment will be sent within seven calendar days following our receipt of your request in Good Order.

Any advisory fee deducted reduces the amount of this death benefit. In particular, withdrawals under your certificate to pay for such fees effect a proportional adjustment to the adjusted Purchase Payment total. Where the death benefit is reduced on a proportionate basis, the reduction could be greater than the amount withdrawn.

**Calculation of Lump–Sum Payment of the Death Benefit.** The value of the lump–sum payment of the death benefit will equal the present value of any remaining guaranteed Income Payments, calculated using the same rate we used to calculate the Income Payments (i.e., the 3.5% or 5% assumed annual net return rate used for variable payments). We will calculate this value on the next valuation date following our receipt of proof of death acceptable to us and payment request in Good Order. Such value will reflect any payments made after the date of death. See **APPENDIX B** for information on calculation of a lump–sum payment of the death benefit applicable to the Fixed Dollar option.

**Payment of Death Benefit or Proceeds**

Subject to the conditions and requirements of state law, full payment of the death benefit or proceeds ("Proceeds") to a Beneficiary may be made either into an interest bearing retained asset account that is backed by our General Account (described in "**The Retained Asset Account**" below) or by check. For additional information about the payment options available to you, please refer to your claim forms or contact Customer Service. Beneficiaries should carefully review all settlement and payment options available under the Contract and are encouraged to consult with a financial professional or tax adviser before choosing a settlement or payment option.

**The Retained Asset Account.** The retained asset account, known as the Voya Personal Transition Account, is an interest-bearing account backed by our General Account. **The retained asset account is not guaranteed by the Federal Deposit Insurance Corporation ("FDIC") and, as part of our General Account, is subject to the claims of our creditors.** Beneficiaries that receive their payment through the retained asset account may access the entire Proceeds in the account at any time without penalty through a draft book feature. The Company seeks to earn a profit on the account, and interest credited on the account may vary from time to time but will not be less than the minimum rate stated in the supplemental Contract delivered to the Beneficiary together with the paperwork to make a claim to the Proceeds. Interest earned on the Proceeds in the account may be less than could be earned if the Proceeds were invested outside of the account. Likewise, interest credited on the Proceeds in the account may be less than under other settlement or payment options available through the Contract.

**Who Receives Death Benefit Proceeds?** The beneficiary is the person entitled to receive any death benefit proceeds. We will pay any death benefit proceeds based on the last written beneficiary designation on file with us as of the date of death.

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**Changes in Beneficiary Designations.** The designated beneficiary may be changed at any time during the lifetime of the annuitant and the joint annuitant (if applicable). Such change must be submitted to us in writing, and except for contracts issued in New York, will become effective as of the date written notice of the change is received and recorded by us. For contracts issued in New York, the change will become effective as of the date the notice is signed. However, our obligation to pay death benefits will be fully discharged upon payment to the beneficiary named in the written notice of beneficiary designation that we last received as of the date of such payment.

Some restrictions may apply to beneficiary changes under qualified contracts.

**Tax Code Requirements**

If the death benefit is not taken in a lump sum by the end of the calendar year following your death, your beneficiary must satisfy the distribution rules imposed by the Tax Code. These rules changed for death occurring after January 1, 2020. Subject to certain exceptions most non-spouse beneficiaries must now complete death benefit distributions within ten years of your death in order to satisfy required minimum distribution rules. A beneficiary should consult a tax adviser. Failure to satisfy these rules can result in tax penalties. **See** "**FEDERAL TAX CONSIDERATIONS for additional information.**

**CONTRACT PURCHASE AND PARTICIPATION**

**Purchasing the Contract**

To purchase a Contract, you must make one payment of at least $10,000. After your initial payment, no additional Purchase Payments may be made. We reserve the right to lower the minimum required payment, to establish a maximum payment amount and to reject any payment exceeding the maximum.

**Participating in the Contract**

You may participate in the Contract by submitting your Purchase Payment and the required application or completed enrollment materials to us in Good Order.

**Acceptance or Rejection**

We must accept or reject an application or your enrollment materials within two business days of receipt. If the forms are incomplete, we may hold any forms and accompanying Purchase Payments for five business days pending completion. If we reject the application or enrollment forms, we will return the forms and any Purchase Payments.

**Age Requirements**

The maximum issue age is between 80 and 95, depending upon the Income Payment option and features selected. We reserve the right to modify the maximum issue age.

**Allocation of Purchase Payments to the Investment Options**

We will allocate your Purchase Payment, less any applicable premium taxes**,** among the investment options you select. Generally, the Contract Holder, or you if permitted by the plan, may select no more than 25 investment options at initial enrollment. Thereafter, more options can be selected at any one time. You may also select the Fixed Dollar option and allocate all or a portion of your Purchase Payments to the General Account. Allocations must be in whole percentages. Any purchase payment received before we accept the application or enrollment materials will be invested as of the day we do accept them. **See "THE Investment Options."**

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**Other Products**

We and our affiliates offer various other products with different features and terms than the Contract described in this Prospectus, which may offer some or all of the same Funds. These products have different benefits, fees and charges and may offer different share classes of the Funds offered in this Contract that are less expensive. These other products may or may not better match your needs. You should be aware that there are other options available, and, if you are interested in learning more about these other products, contact your registered representative. These other options may not be available under your plan.

**WITHDRAWALS**

**Withdrawals of Variable Income Payments**

You may make partial or full withdrawals of the present value of any remaining guaranteed variable Income Payments if you are receiving payments under either one of the following:

&nbsp;&nbsp;&nbsp;&nbsp;• A
 lifetime payment option with guaranteed payments and you elected a right to make withdrawals.
 In this circumstance withdrawals are allowed once each year, beginning after the first Contract
 year (subject to state approval); or

&nbsp;&nbsp;&nbsp;&nbsp;• The
 nonlifetime payment option.

Partial withdrawals are allowed only if each remaining guaranteed payment will be at least $50.

**Withdrawals of Fixed Income Payments**

You may make partial or full withdrawals of the present value of any remaining fixed Income Payments if you are receiving payments under either one of the following:

&nbsp;&nbsp;&nbsp;&nbsp;• A
 lifetime payment option with guaranteed payments and you elected a right to make withdrawals.
 In this circumstance withdrawals are allowed once each year, beginning after the first Contract
 year (subject to state approval); or

&nbsp;&nbsp;&nbsp;&nbsp;• The
 nonlifetime payment option and you elected a right to make withdrawals. In this circumstance,
 withdrawals are allowed once each year, beginning after the first Contract year.

Partial withdrawals are allowed only if each remaining guaranteed payment will be at least $50.

**Withdrawal Value**

**Variable Income Payments.** For any withdrawal of remaining variable guaranteed Income Payments, the amount available for withdrawal is equal to the present value of any remaining guaranteed variable payments (less any applicable early withdrawal charge) calculated using the same rate we used to calculate the Income Payments (i.e., the 3.5% or 5% assumed annual net return rate stated in the Contract). Withdrawal values are determined as of the valuation date following our receipt of your written request in Good Order at Customer Service.

**Fixed Income Payments.** See **APPENDIX B** for details regarding the withdrawal value of fixed payments.

**Amount Received.** For partial withdrawals, you will receive, reduced by any required withholding tax, the amount you specify, subject to the value in your account. However, the amount actually withdrawn from your account will be adjusted by any applicable early withdrawal charge and redemption fees.

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**Early Withdrawal Charge**

Withdrawals may be subject to an early withdrawal charge as described in "**Fees** **– Early Withdrawal Charge**," and may also be subject to redemption fees as described in "**Fees** **– Fund Redemption Fees**."

**Reduction of Remaining Payments**

Any withdrawal will result in a proportionate reduction of any remaining guaranteed payments and any applicable guaranteed minimum payment amount. Additionally, the withdrawal amount will be taken from the Subaccounts proportionately, unless you designate otherwise. For lifetime Income Payment options, any payments to be made beyond the guaranteed payment period will be unaffected by any withdrawals.

The Tax Code and/or your plan may impose other limitations on withdrawals. **See "FEDERAL TAX CONSIDERATIONS – Distributions – Eligibility."**

**FEDERAL TAX CONSIDERATIONS**

**Introduction**

The Contract described in this Prospectus is designed to be treated as an annuity for U.S. federal income tax purposes. This section discusses our understanding of current federal income tax laws affecting the Contract. The U.S. federal income tax treatment of the Contract is complex and sometimes uncertain. You should keep the following in mind when reading this section:

&nbsp;&nbsp;&nbsp;&nbsp;• Your
 personal tax situation (or the personal tax situation of the Beneficiary. determines
 the federal taxation of amounts held or paid out under the Contract;

&nbsp;&nbsp;&nbsp;&nbsp;• Tax
 laws change. It is possible that a change in the future could affect contracts issued in
 the past, including the Contract described in this P rospectus;

&nbsp;&nbsp;&nbsp;&nbsp;• This
 section addresses some, but not all, applicable federal income tax rules and generally does
 not discuss federal estate and gift tax implications, state and local taxes or any other
 tax provisions;

&nbsp;&nbsp;&nbsp;&nbsp;• We
 do not make any guarantee about the tax treatment of the Contract or transactions involving
 the Contract; and

&nbsp;&nbsp;&nbsp;&nbsp;• No
 assurance can be given that the IRS or Treasury would not assert, or that a court
 would not sustain, a position contrary to any of those set forth below.

**We do not intend this information to be tax advice. No attempt is made to provide more than a general summary of information about the use of the Contract with tax-qualified retirement arrangements, and the Tax Code may contain other restrictions and conditions that are not included in this summary. You should consult with a tax and/or legal adviser for advice about the effect of federal income tax laws, state tax laws or any other tax laws affecting the Contract or any transactions involving the Contract.**

**Immediate Annuities.** Under Section 72 of the Tax Code, an Immediate Annuity means an annuity:

&nbsp;&nbsp;&nbsp;&nbsp;• That
 is purchased with a single premium;

&nbsp;&nbsp;&nbsp;&nbsp;• With
 annuity payments starting within one year from the date of purchase; and

&nbsp;&nbsp;&nbsp;&nbsp;• That
 provides a series of substantially equal periodic payments made annually or more frequently.

This contract is designed as an Immediate Annuity. Treatment as an Immediate Annuity has significance with respect to exceptions from the 10% early withdrawal penalty to contracts owned by non–natural persons, and for certain exchanges. **You should consult with your tax and/or legal adviser about use of the Contract as an Immediate Annuity.** 

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**Types of Contracts: Nonqualified or Qualified**

When you invest in an annuity contract, you usually do not pay taxes on your investment gains until you withdraw the money. The Contract may be issued as either a "nonqualified contract" or as a "qualified contract" for use with a traditional Individual Retirement Annuity ("IRA") under Section 408(b) of the Tax Code or with retirement plans under Tax Code Sections 401, 403(b) or 457.

**Nonqualified Contracts.** Nonqualified contracts are purchased independent of any formal retirement or pension plan and do not receive the same tax benefits as are afforded to contracts funding qualified plans. You may not deduct the amount of your Purchase Payments to a nonqualified contract. Rather, nonqualified contracts are purchased with after–tax contributions and are purchased to save money with the right to receive annuity payments for either a specified period of time or over a lifetime.

**Qualified Contracts.** Qualified contracts are designed for use by individuals and/or employers whose Purchase Payments are comprised solely of proceeds from and/or contributions to retirement plans or programs that are intended to qualify as plans or programs entitled to special favorable income tax treatment under Sections 401(a), 401(k), 403(b), 408, 408A or 457(b) of the Tax Code. The tax rules applicable to Qualified Contracts vary according to the type of retirement plan and the terms and conditions of the plan. **Employers or individuals intending to use the contract with such plans should seek legal and tax advice.** 

**Roth Accounts.** Tax Code Section 402A allows employees of employers offering 401(k) plans, employees of public schools and certain Tax Code Section 501(c)(3) organizations offering 403(b) plans, and employees of certain governmental employers offering 457(b) plans to contribute after–tax salary contributions to a Roth 401(k), Roth 403(b) and Roth 457(b) account, respectively. Roth accounts provide for tax–free distributions, subject to certain conditions and restrictions. If permitted by us and under the plan for which the Contract is issued, we will set up one or more accounts for you under the Contract for Roth after–tax contributions and the portion of any transfer or rollover attributable to such amounts.

**Taxation of Nonqualified Contracts**

**Taxation of Gains Prior to Distribution or Annuity Starting Date** 

**General.** Tax Code Section 72 governs taxation of annuities in general. We believe that if you are a natural person, you will generally not be taxed on increases in the value of a nonqualified contract until a distribution occurs or until annuity payments begin. This assumes that the Contract will qualify as an annuity contract for federal income tax purposes. For these purposes, the agreement to collaterally assign or pledge any portion of the Contract value generally will be treated as a distribution. In order to be eligible to receive deferral of taxation, the following requirements must be satisfied:

&nbsp;&nbsp;&nbsp;&nbsp;• **Diversification.** Tax Code Section 817(h) requires that in a nonqualified contract the investments of the
 funds be "adequately diversified" in accordance with Treasury Regulations in
 order for the Contract to qualify as an annuity contract under federal tax law. The separate
 account, through the funds, intends to comply with the diversification requirements prescribed
 by Tax Code Section 817(h) and by Treasury Regulations Sec. 1.817–5, which affects
 how the funds' assets may be invested. If it is determined, however, that your contract
 does not satisfy the applicable diversification requirements because a subaccount's
 corresponding fund fails to be adequately diversified for whatever reason, we will take appropriate
 steps to bring your contract into compliance with such requirements, and we reserve the right
 to modify your contract as necessary to do so;

&nbsp;&nbsp;&nbsp;&nbsp;• **Investor Control.** Although earnings under nonqualified annuity contracts are generally not taxed
 until withdrawn, the IRS has stated in published rulings that a variable contract owner will
 be considered the owner of separate account assets if the Contract Owner possesses incidents
 of investment control over the assets. In these circumstances, income and gains from the
 separate account assets would be currently includible in the variable Contract Owner's
 gross income. Future guidance regarding the extent to which owners could direct their investments
 among subaccounts without being treated as owners of the underlying assets of the separate
 account may adversely affect the tax treatment of existing contracts. The Company therefore
 reserves the right to modify the Contract as necessary to attempt to prevent the Contract
 Owner from being considered the federal tax owner of a proportional share of the assets of
 the separate account;

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&nbsp;&nbsp;&nbsp;&nbsp;• **Required Distributions.** In order to be treated as an annuity contract for federal income tax purposes,
 the Tax Code requires a nonqualified contract to contain certain provisions specifying how
 your interest in the Contract will be distributed in the event of your death. Specifically,
 section 72(s) requires that (a) if any owner dies on or after the annuity starting date,
 but prior to the time the entire interest in the contract has been distributed, the entire
 interest in the contract will be distributed at least as rapidly as under the method of distribution
 being used as of the date of such owner's death; and (b) if any owner dies prior to
 the annuity starting date, the entire interest in the contract will be distributed within
 five years after the date of such owner's death. These requirements will be considered
 satisfied as to any portion of an owner's interest which is payable to or for the benefit
 of a designated beneficiary and which is distributed over the life of such designated beneficiary
 or over a period not extending beyond the life expectancy of that beneficiary, provided that
 such distributions begin within one year of the owner's death. The designated beneficiary
 refers to a natural person designated by the owner as a beneficiary and to whom ownership
 of the contract passes by reason of death. However, if the designated beneficiary is the
 surviving spouse of the deceased owner, the contract may be continued with the surviving
 spouse as the new owner. The nonqualified contracts contain provisions that are intended
 to comply with these Tax Code requirements, although no regulations interpreting these requirements
 have yet been issued. When such requirements are clarified by regulation or otherwise, we
 intend to review such distribution provisions and modify them if necessary to assure that
 they comply with the applicable requirements;

&nbsp;&nbsp;&nbsp;&nbsp;• **Non–Natural Owners of a Non–Qualified Contract.** If the owner of the Contract is not a natural
 person (in other words, you are not an individual), a nonqualified contract generally is
 not treated as an annuity for income tax purposes and the income on the Contract for the
 taxable year is currently taxable as ordinary income. Income on the Contract is any increase
 in the contract value over the "investment in the contract" (generally, the purchase
 payments or other consideration you paid for the contract less any nontaxable withdrawals)
 during the taxable year. There are some exceptions to this rule and a non–natural person
 should consult with a tax and/or legal adviser before purchasing the Contract. When the Contract
 Owner is not a natural person, a change in the annuitant is treated as the death of the Contract
 Owner for purposes of the required distribution rules described above; and

&nbsp;&nbsp;&nbsp;&nbsp;• **Delayed Annuity Starting Date.** If the Contract's annuity starting date occurs (or is scheduled
 to occur) at a time when the annuitant has reached an advanced age (e.g., after age 95),
 it is possible that the Contract would not be treated as an annuity for federal income tax
 purposes. In that event, the income and gains under the contract could be currently includible
 in your income.

&nbsp;&nbsp;&nbsp;&nbsp;• All
 non-qualified deferred annuity contracts that are issued by us (or our affiliates) to the
 same owner during any calendar year are treated as one annuity contract for purposes of determining
 the amount includible in such owner's income when a taxable distribution occurs.

**Taxation of Distributions**

**General.** When a withdrawal from a nonqualified contract occurs before the Contract's annuity starting date, the amount received will be treated as ordinary income subject to tax up to an amount equal to the excess (if any) of the Contract Value (unreduced by the amount of any early withdrawal charge) immediately before the distribution over the Contract Owner's investment in the Contract at that time. Investment in the Contract is generally equal to the amount of the single premium payment, plus amounts previously included in your gross income as the result of certain loans, collateral assignments or gifts, less the aggregate amount of non–taxable distributions previously made.

In the case of a surrender under a nonqualified contract, the amount received generally will be taxable only to the extent it exceeds the Contract Owner's investment in the Contract (cost basis).

**10% Penalty Tax.** A distribution from a nonqualified contract may be subject to a penalty tax equal to 10% of the amount treated as income. In general, however, there is no penalty tax on distributions:

&nbsp;&nbsp;&nbsp;&nbsp;• Made
 on or after the taxpayer reaches age 59½;

&nbsp;&nbsp;&nbsp;&nbsp;• Made
 on or after the death of a Contract Owner (the annuitant if the Contract Owner is a non–natural
 person);

&nbsp;&nbsp;&nbsp;&nbsp;• Attributable
 to the taxpayer's becoming disabled as defined in the Tax Code;

&nbsp;&nbsp;&nbsp;&nbsp;• Made
 as part of a series of substantially equal periodic payments (at least annually) over your
 life or life expectancy or the joint lives or joint life expectancies of you and your designated
 beneficiary; or

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution is allocable to investment in the contract before August 14, 1982.

The 10% penalty tax does not apply to distributions from an Immediate Annuity as defined in the Tax Code. Other exceptions may be applicable under certain circumstances and special rules may be applicable in connection with the exceptions enumerated above. A tax and/or legal adviser should be consulted with regard to exceptions from the penalty tax.

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**Tax–Free Exchanges.** Section 1035 of the Tax Code permits the exchange of a life insurance, endowment or annuity contract for an annuity contract on a tax–free basis. In such instance, the "investment in the contract" in the old contract will generally carry over to the new contract. You should consult with your tax and/or legal adviser regarding procedures for making Tax Code Section 1035 exchanges.

If your contract is purchased through a tax–free exchange of an annuity contract that was purchased prior to August 14, 1982, then any distributions other than annuity payments will be treated, for tax purposes, as coming:

&nbsp;&nbsp;&nbsp;&nbsp;• First,
 from any remaining "investment in the contract" made prior to August 14, 1982,
 and exchanged into the contract;

&nbsp;&nbsp;&nbsp;&nbsp;• Next,
 from any "income on the contract" attributable to the investment made prior to
 August 14, 1982;

&nbsp;&nbsp;&nbsp;&nbsp;• Then,
 from any remaining "income on the contract;" and

&nbsp;&nbsp;&nbsp;&nbsp;• Lastly,
 from any remaining "investment in the contract."

In certain instances, the partial exchange of a portion of one annuity contract is a tax–free exchange. Pursuant to IRS guidance, receipt of partial withdrawals or surrenders from either the original Contract or the new Contract during the 180 day period beginning on the date of the partial exchange may retroactively negate the partial exchange. If the partial exchange is retroactively negated, the partial withdrawal or surrender of the original Contract may be treated as a withdrawal, taxable as ordinary income to the extent of gain in the original Contract and, if the partial exchange occurred prior to you reaching age 59½, may be subject to an additional 10% penalty tax. We are not responsible for the manner in which any other insurance company, for tax reporting purposes, or the IRS, with respect to the ultimate tax treatment, reports or recognizes a partial exchange. We strongly advise you to discuss any proposed 1035 exchange or subsequent distribution within 180 days of a partial exchange with your tax and/or legal adviser prior to proceeding with the transaction.

**Taxation of Annuity Payments.** Although tax consequences may vary depending on the payment option elected under an annuity contract, a portion of each annuity payment is generally not taxed, and the remainder is taxed as ordinary income. The non–taxable portion of an annuity payment is generally determined in a manner that is designed to allow you to recover your investment in the contract ratably on a tax–free basis over the expected stream of annuity payments, as determined when annuity payments start. Once your investment in the Contract has been fully recovered, however, the full amount of each subsequent annuity payment is subject to tax as ordinary income.

Annuity contracts that are partially annuitized are treated as separate contracts with their own annuity starting date and exclusion ratio. Specifically, an exclusion ratio will be applied to any amount received as an annuity under a portion of the annuity Contract, provided that annuity payments are made for a period of ten years or more or for life. Please consult your tax and/or legal adviser before electing a partial annuitization.

**Death Benefits.** Amounts may be distributed from a contract because of your death or the death of the annuitant. Different distribution requirements apply if your death occurs:

&nbsp;&nbsp;&nbsp;&nbsp;• After
 you begin receiving annuity payments under the Contract; or

&nbsp;&nbsp;&nbsp;&nbsp;• Before
 you begin receiving such distributions.

If your death occurs after you begin receiving annuity payments, distributions must be made at least as rapidly as under the method in effect at the time of your death.

If your death occurs before you begin receiving annuity payments, your entire balance must be distributed within five years after the date of your death. For example, if you die on September 1, 2022, your entire balance must be distributed by August 31, 2027. However, if distributions begin within one year of your death, then payments may be made over one of the following timeframes:

&nbsp;&nbsp;&nbsp;&nbsp;• Over
 the life of the designated beneficiary; or

&nbsp;&nbsp;&nbsp;&nbsp;• Over
 a period not extending beyond the life expectancy of the designated beneficiary.

If the designated beneficiary is your spouse, the Contract may be continued with the surviving spouse as the new Contract Owner. If the contract owner is a non–natural person and the primary annuitant dies or is changed, the same rules apply as outlined above for the death of a Contract Owner.

Generally, amounts distributed from a contract because of your death or the death of the annuitant prior to the time

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annuity payments begin are includible in the income of the recipient as follows:

&nbsp;&nbsp;&nbsp;&nbsp;• If
 distributed in a lump sum, they are taxed in the same manner as a surrender of the Contract;
 or

&nbsp;&nbsp;&nbsp;&nbsp;• If
 distributed under a payment option, they are taxed in the same way as annuity payments.

Special rules may apply to amounts distributed after a beneficiary has elected to maintain the Contract value and receive payments.

If the death occurs after annuity payments begin, a guaranteed period exists under the annuity option selected, and the annuitant dies before the end of that period, payments made for the remainder of that period are includible in income as follows:

&nbsp;&nbsp;&nbsp;&nbsp;• If
 distributed in a lump sum, they are included in income to the extent that they exceed the
 unrecovered investment in the Contract at that time; or

&nbsp;&nbsp;&nbsp;&nbsp;• If
 distributed in accordance with the existing annuity option selected, they are fully excluded
 from income until the remaining investment in the Contract is deemed to be recovered, and
 all payments thereafter are fully includible in income.

Some contracts offer a death benefit that may exceed the greater of the purchase payments and the Contract Value. Certain charges are imposed with respect to these death benefits. It is possible that these charges (or some portion thereof) could be treated for federal tax purposes as a distribution from the Contract.

**Collateral Assignments, Pledges, Gratuitous Transfers and Other Issues.** A pledge or collateral assignment (or agreement to pledge or collaterally assign) any portion of the Contract Value of a nonqualified contract is treated as a distribution of such amount or portion. If the entire Contract Value is pledged or collaterally assigned, subsequent increases in the Contract Value are also treated as distributions for as long as the pledge or collateral assignment remains in place. The investment in the Contract is increased by the amount includible in income with respect to such pledge or collateral assignment, though it is not affected by any other aspect of the pledge or collateral assignment (including its release).

If an owner transfers a non–qualified contract without adequate consideration (a gratuitous transfer) to a person other than the owner's spouse (or to a former spouse incident to a divorce), the owner must include in income the difference between the "cash surrender value" and the investment in the Contract at the time of the transfer. In such case, the transferee's investment in the Contract will be increased to reflect the amount that is included in the transferor's income. The exceptions for transfers to an owner's spouse or former spouse are limited to individuals who are treated as spouses under federal law.

The designation of an annuitant or payee other than an owner may result in certain tax consequences to you that are generally not discussed herein.

Anyone contemplating any pledges, collateral assignments, gratuitous transfers, or other designations, should consult a tax and/or legal adviser regarding the potential tax effects of such a transaction.

**Multiple Contracts.** Tax laws require that all nonqualified deferred annuity contracts that are issued by a company or its affiliates to the same contract owner during any calendar year be treated as one annuity contract for purposes of determining the amount includible in gross income under Tax Code Section 72(e). In addition, the Treasury Department has specific authority to issue regulations that prevent the avoidance of Tax Code Section 72(e) through the serial purchase of annuity contracts or otherwise.

**Net Investment Income Tax.** A net investment income tax of 3.8% will apply to some types of investment income. This tax will apply to all taxable distributions from nonqualified contracts. This tax only applies to taxpayers with "modified adjusted gross income" above $250,000 in the case of married couples filing jointly or a qualifying widow(er) with dependent child, $125,000 in the case of married couples filing separately, and $200,000 for all others.

**Withholding.** We will withhold and remit to the IRS a part of the taxable portion of each distribution made under a contract unless the distributee notifies us at or before the time of the distribution that he or she elects not to have any

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amounts withheld. Federal income tax withholding is mandatory, however, if the distributee fails to provide a valid taxpayer identification number, if we are notified by the IRS that the taxpayer identification number we have on file is incorrect or if payment is made outside of the U.S. The federal income tax withholding rates applicable to the taxable portion of periodic annuity payments are the same as the federal income tax withholding rates generally applicable to payments of wages. Generally, a 10% federal income tax withholding rate applies to the taxable portion of any non-periodic payments unless the distributee does not elect out, or is not eligible to elect out of such withholding. Regardless of whether you elect to have federal income tax withheld, you are still liable for payment of federal income tax on the taxable portion of the payment.

Certain states have indicated that state income tax withholding will also apply to payments from the contracts made to residents. Generally, an election out of federal withholding will also be considered an election out of state withholding. In some states, you may elect out of state withholding, even if federal withholding applies. If you need more information concerning a particular state or any required forms, please contact our Customer Service.

If the payee is a non–resident alien, then U.S. federal withholding on taxable distributions will generally be at a 30% rate, unless a lower tax treaty rate applies. We may require additional documentation prior to processing any requested transaction.

If the payee of a distribution from the contract is a foreign financial institution ("FFI") or a non–financial foreign entity ("NFFE") within the meaning of the Tax Code as amended by the Foreign Account Tax Compliance Act ("FATCA"), the distribution could be subject to U.S. federal withholding tax on the taxable amount of the distribution at a 30% rate irrespective of the status of any beneficial owner of the contract or the distribution. The rules relating to FATCA are complex, and a tax advisor should be consulted if an FFI or NFFE is or may be designated as a payee with respect to the contract.

**Taxation of Qualified Contracts**

**Eligible Retirement Plans and Programs**

The Contract may be purchased with the following retirement plans and programs to accumulate retirement savings:

&nbsp;&nbsp;&nbsp;&nbsp;• **401(a), 401(k) and Roth 401(k) Plans.** Sections 401(a) and 401(k) of the Tax Code permit certain
 employers to establish various types of retirement plans for employees, and permit self–employed
 individuals to establish these plans for themselves and their employees. The Tax Code also
 allows employees of certain private employers to contribute after–tax salary contributions
 to a Roth 401(k) account, which provides for tax–free distributions, subject to certain
 restrictions;

&nbsp;&nbsp;&nbsp;&nbsp;• **403(b) and Roth 403(b) Plans.** Section 403(b) of the Tax Code allows employees of certain Tax
 Code Section 501(c)(3) organizations and public schools to exclude from their gross income
 the purchase payments made, within certain limits, to a contract that will provide an annuity
 for the employee's retirement. The Tax Code also allows employees of 501(c)(3) organizations
 and public schools to contribute after–tax salary contributions to a Roth 403(b) account,
 which provides for tax–free distributions, subject to certain restrictions;

&nbsp;&nbsp;&nbsp;&nbsp;• **Individual Retirement Annuities ("IRA") and Roth IRA.** Section 408 of the Tax Code permits
 eligible individuals to contribute to an individual retirement program known as an Individual
 Retirement Annuity ("IRA"). Section 408A of the Tax Code permits certain eligible
 individuals to contribute to a Roth IRA, which provides for tax–free distributions,
 subject to certain restrictions. Sales of the contract for use with IRAs or Roth IRAs may
 be subject to special requirement of the IRS. **The IRS has not reviewed the Contract described in this Prospectus for qualification as IRAs and has not addressed, in a ruling of general applicability, where the contract's death benefit provisions comply with IRA qualification requirements**; and

&nbsp;&nbsp;&nbsp;&nbsp;• **457 and Roth 457 Plans.** Section 457 of the Tax Code permits certain employers to offer deferred
 compensation plans for their employees. These plans may be offered by state governments,
 local governments, political subdivisions, agencies, instrumentalities, and certain affiliates
 of such entities (governmental employers), as well as non–governmental, tax–exempt
 organizations (non–governmental employers). A 457 plan is a 457(b) plan. Participation
 in a 457(b) plan maintained by a non–governmental employer is generally limited to
 a select group of management and highly–compensated employees (other than 457(b) plans
 maintained by nonqualified, church–controlled organizations). Depending on the plan
 design, the participant may be entitled to determine the investment allocation of their deferred
 compensation account. The Tax Code also allows employees of

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governmental 457(b) Plan employers to contribute after–tax salary contributions to a Roth 457(b) account, which provides for tax–free distributions, subject to certain restrictions.

The Company may offer or have offered the Contract for use with certain other types of qualified plans. Please see your contract and consult with your tax adviser if you have questions about other types of plan arrangements not discussed herein.

**Special Considerations for IRAs.** IRAs are subject to limits on the amounts that can be contributed, the deductible amount of the contribution, the persons who may be eligible, and the time when distributions commence. Contributions to IRAs must be made in cash or as a rollover or a transfer from another eligible plan. Also, distributions from IRAs, individual retirement accounts, and other types of retirement plans may be "rolled over" on a tax–deferred basis into an IRA. You may roll over a distribution from an IRA to an IRA only once in any 12-month period. You will not be able to roll over any portion of an IRA distribution if you rolled over any other IRA distribution during the preceding 1–year period. This limit applies by aggregating all of your IRAs, including SEP and SIMPLE IRAs as well as traditional and Roth IRAs, effectively treating them as one IRA for purposes of this limit. Please note that this one–rollover–per–year rule does not apply to: (1) the conversion of a traditional IRA to a Roth IRA, (2) a rollover to or from a qualified plan, or (3) a trustee–to–trustee transfer between IRAs. Please consult your own tax and/or legal adviser if you have additional questions about these rules.

Early distributions from SIMPLE IRAs made within 2 years of beginning participation in the SIMPLE IRA are subject to a 25% early distribution tax.

**Special Considerations for Roth IRAs.** Contributions to a Roth IRA are subject to limits on the amount of contributions and the persons who may be eligible to contribute. Roth IRA contributions are not deductible and must be made in cash or as a rollover or transfer from another Roth IRA, IRA, or eligible plan. Individuals may convert an IRA, SEP, or a SIMPLE to a Roth IRA. Such rollovers and conversions are subject to tax, and other special rules may apply. A conversion of a traditional IRA to a Roth IRA, and a rollover from any other eligible retirement plan to a Roth IRA, made after December 31, 2017, cannot be recharacterized as having been made to a traditional IRA.

You will not be able to roll over any portion of a Roth IRA distribution if you rolled over any other IRA distribution during the preceding 1–year period. This limit applies by aggregating all of your IRAs, including SEP and SIMPLE IRAs as well as traditional and Roth IRAs, effectively treating them as one IRA for purposes of this limit. Please note that this one–rollover–per–year rule does not apply to: (1) the conversion of a traditional IRA to a Roth IRA, (2) a rollover to or from a qualified plan, or (3) a trustee–to–trustee transfer between Roth IRAs. Please consult your own tax and/or legal adviser if you have additional questions about these rules.

A 10% penalty tax may apply to amounts attributable to a conversion to a Roth IRA if the amounts are distributed during the five taxable years beginning with the year in which the conversion was made.

**Special Considerations for Section 457 Plans.** Under 457(b) plans of non–governmental employers, all amounts of deferred compensation, all property and rights purchased with such amounts and all income attributable to such amounts, property and rights remain solely the property and rights of the employer and are subject to the claims of the employer's general creditors. **457(b) plans of governmental employers,** on the other hand, are required to hold all assets and income of the plan in trust for the exclusive benefit of plan participants and their beneficiaries. For purposes of meeting this requirement, an annuity contract is treated as a trust.

**Taxation** 

The tax rules applicable to qualified contracts vary according to the type of qualified contract, the specific terms and conditions of the qualified contract and the terms and conditions of the qualified plan or program. The ultimate effect of federal income taxes on the amounts held under a qualified contract, or on income (e.g., annuity) payments from a qualified contract, depends on the type of qualified contract or program as well as your particular facts and circumstances. Special favorable tax treatment may be available for certain types of contributions and distributions.

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In addition, certain requirements must be satisfied in purchasing a qualified contract with proceeds from a tax–qualified plan or program in order to continue receiving favorable tax treatment.

Adverse tax consequences may result from:

&nbsp;&nbsp;&nbsp;&nbsp;• Contributions
 in excess of specified limits;

&nbsp;&nbsp;&nbsp;&nbsp;• Distributions
 before age 59½ (subject to certain exceptions);

&nbsp;&nbsp;&nbsp;&nbsp;• Distributions
 that do not conform to specified commencement and minimum distribution rules; and

&nbsp;&nbsp;&nbsp;&nbsp;• Other
 specified circumstances.

Some qualified plans and programs are subject to additional distribution or other requirements that are not incorporated into the Contract described in this Prospectus. No attempt is made to provide more than general information about the use of the Contract with qualified plans and programs. Contract owners, sponsoring employers, participants, annuitants, and beneficiaries are cautioned that the rights of any person to any benefit under these qualified plans and programs may be subject to the terms and conditions of the plan or program, regardless of the terms and conditions of the Contract. The Company is not bound by the terms and conditions of such plans and program to the extent such terms contradict the language of the Contract unless we consent in writing.

Contract owners, sponsoring employers, participants, annuitants, and beneficiaries generally are responsible for determining that contributions, distributions, and other transactions with respect to the Contract comply with applicable law. **Therefore, you should seek tax and/or legal advice regarding the suitability of a contract for your particular situation.** The following discussion assumes that qualified contracts are purchased with proceeds from and/or contributions under retirement plans or programs that qualify for the intended special federal tax treatment.

**Tax Deferral.** Under federal tax laws, earnings on amounts held in annuity contracts are generally not taxed until they are withdrawn. However, in the case of a qualified plan (as described in this Prospectus), an annuity contract is not necessary to obtain this favorable tax treatment and does not provide any tax benefits beyond the deferral already available to the qualified plan itself. Annuities do provide other features and benefits (such as the guaranteed death benefit or the option of lifetime income payment options at established rates) that may be valuable to you. You should discuss your alternatives with a qualified financial representative taking into account the additional fees and expenses you may incur in an annuity.

**Contributions** 

In order to be excludable from gross income for federal income tax purposes, total annual contributions to certain qualified plans and programs are limited by the Tax Code. We provide general information on these requirements for certain plans and programs below. You should consult with a tax and/or legal adviser in connection with contributions to a qualified contract.

**401(a), 401(k), Roth 401(k), 403(b) and Roth 403(b) Plans.** The total annual contributions (including pre–tax and Roth 401(k) or Roth 403(b) after–tax contributions) by you and your employer cannot exceed, generally, the lesser of 100% of your compensation or $72,000 (as indexed for 2026). Compensation means your compensation for the year from the employer sponsoring the plan and, includes any elective deferrals under Tax Code Section 402(g) and any amounts not includible in gross income under Tax Code Sections 125 or 457.

This limit applies to your contributions as well as to any contributions made by your employer on your behalf. An additional requirement limits your salary reduction contributions to a 401(k), Roth 401(k), 403(b) or Roth 403(b) plan to generally no more than $24,500 (as indexed for 2026). Contribution limits are subject to annual adjustments for cost–of–living increases. Your own limit may be higher or lower, depending upon certain conditions.

With the exception of the Roth 401(k) and Roth 403(b) contributions, purchase payments to your account(s) will generally be excluded from your gross income. Roth 401(k) and Roth 403(b) salary reduction contributions are made on an after–tax basis.

**457(b) and Roth 457(b) Plans.** The total annual contributions (including pre–tax and Roth 457(b) after–tax salary reduction contributions) made by you and your employer to a 457(b) or Roth 457(b) plan cannot exceed, generally, the lesser of 100% of your includible compensation or $24,500 (as indexed for 2026). Generally, includible compensation means your compensation for the year from the employer sponsoring the plan, including deferrals to

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the employer's Tax Code Section 401(k), Roth 401(k), 403(b), Roth 403(b), and 125 cafeteria plans in addition to any deferrals to the 457(b) or Roth 457(b) plan.

**Catch–up Contributions.** Notwithstanding the contribution limits noted above, if permitted by the plan, a participant in a 401(k), Roth 401(k), 403(b), Roth 403(b), governmental 457(b) or governmental Roth 457(b) plan who is at least age 50 by the end of the participant's taxable year may contribute an additional amount ("Age 50 Catch–ups") not to exceed the lesser of:

&nbsp;&nbsp;&nbsp;&nbsp;• $8,000 ;
 or

&nbsp;&nbsp;&nbsp;&nbsp;• The
 participant's compensation for the year reduced by any other elective deferrals of
 the participant for the year.

The Catch-Up Contributions for individuals who attain age 60, 61, 62, or 63 in 2026 is $11,250.

**Special 457 Catch-ups.** Special catch-up provisions may be available for 457(b) Plans ("Special 457 Catch-ups") during the three years prior to the participant's normal retirement age. Note that the Special 457 Catch-ups cannot be used simultaneously with the Age 50 Catch-ups. Specifically, a participant may elect to defer the lesser of: (a) twice the deferral limit ($46,000); or (b) basic annual limit plus the amount of the basic annual limit not used in prior taxable years (disregarding any deferrals under the Age 50 Catch-up). If a participant is eligible for the Special 457 Catch-up and the Age 50 Catch-up, the participant can make deferrals up to the greater catch-up limit but may not make deferrals in excess of the greater catch-up limit. For advice with respect to these catch-up provisions, please consult your own tax and/or legal adviser.

**Traditional and Roth IRAs.** You are eligible to contribute to a traditional IRA if you have compensation includible in income for the taxable year. For 2026, the contribution to your traditional IRA cannot exceed the lesser of $7,500 or your taxable compensation. If you are age 50 or older, you can make an additional catch–up contribution of $1,100. Contributions to a traditional IRA may be deductible depending on your modified adjusted gross income ("MAGI"), tax filing status, and whether you or your spouse are an active participant in a retirement plan.

You may be eligible to contribute to a Roth IRA if you have compensation includible in income for the year. For 2026, the contribution to a Roth IRA cannot exceed the lesser of $7,500 or your taxable compensation. If you are age 50 or older, you can make an additional catch-up contribution of $1,100. The amount you can contribute to a Roth IRA is reduced by the amount of any contributions you make to an individual retirement plan for your benefit (not including SEPs or SIMPLE IRAs). Your ability to contribute to a Roth IRA may be further limited by your MAGI and tax filing status. Contributions to a Roth IRA are not deductible.

**Repeal of Maximum Age for Contributions to a Traditional IRA.** The Setting Every Community Up for Retirement Enhancement Act ("SECURE Act") eliminated the maximum age after which contributions to a traditional IRA were not allowed. Consequently, individuals who have attained the applicable age (as prescribed by Tax Code Section 401(a)(9)) will no longer be prohibited from making non-rollover contributions to traditional IRAs.

**Distributions – General**

Certain tax rules apply to distributions from the Contract. A distribution is any amount taken from a contract including withdrawals, Income Phase (i.e., annuity) payments, and death benefit proceeds. If a portion of a distribution is taxable, the distribution will be reported to the IRS.

**401(a), 401(k), 403(b) and Governmental 457(b) Plans.** Distributions from these plans are generally taxed as received unless one of the following is true:

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution is an eligible rollover distribution and is directly transferred or rolled over
 within 60 days to another plan eligible to receive rollovers or to a traditional or Roth
 IRA in accordance with the Tax Code;

&nbsp;&nbsp;&nbsp;&nbsp;• You
 made after-tax contributions to the plan. In this case, depending upon the type of distribution,
 the amount will be taxed on all or part of the earnings on the contributions according to
 the rules detailed in the Tax Code; or

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution is a qualified health insurance premium of a retired public safety officer as
 defined in the Pension Protection Act of 2006.

A distribution is an eligible rollover distribution unless it is:

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&nbsp;&nbsp;&nbsp;&nbsp;• Part
 of a series of substantially equal periodic payments (at least one per year) made over the
 life (or life expectancy) of the participant or the joint lives (or joint life expectancies)
 of the participant and his designated Beneficiary or for a specified period of ten years
 or more;

&nbsp;&nbsp;&nbsp;&nbsp;• A
 required minimum distribution under Tax Code Section 401(a)(9);

&nbsp;&nbsp;&nbsp;&nbsp;• A
 hardship withdrawal; or

&nbsp;&nbsp;&nbsp;&nbsp;• Otherwise
 not recognized under applicable regulations as eligible for rollover.

**IRAs.** All distributions from an IRA are taxed as received unless either one of the following is true:

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution is directly transferred to another IRA or to a plan eligible to receive rollovers
 as permitted under the Tax Code; or

&nbsp;&nbsp;&nbsp;&nbsp;• You
 made after–tax contributions to the IRA. In this case, the distribution will be taxed
 according to rules detailed in the Tax Code.

**10% Additional Tax.** The Tax Code imposes a 10% additional tax on the taxable portion of any distribution from a contract used with a 401(a), 401(k) or 403(b) or Roth 403(b) plan (collectively, qualified plans), and taxable amounts from a governmental 457(b) or Roth 457(b) plan that are attributable to amounts transferred from a qualified plan or IRA.

Exceptions to the 10% additional tax may apply if:

&nbsp;&nbsp;&nbsp;&nbsp;• You
 have attained age 59½;

&nbsp;&nbsp;&nbsp;&nbsp;• You
 have become disabled, as defined in the Tax Code;

&nbsp;&nbsp;&nbsp;&nbsp;• You
 have died and the distribution is to your Beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution amount is rolled over tax free into another eligible retirement plan or to a
 traditional or Roth IRA in accordance with the terms of the Tax Code;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution is paid directly to the government in accordance with an IRS levy;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution is a qualified reservist distribution as defined under the Tax Code;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution is a qualified birth or adoption distribution;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution is eligible for penalty relief extended to victims of certain natural disasters;

&nbsp;&nbsp;&nbsp;&nbsp;• You
 have unreimbursed medical expenses that are deductible (without regard to whether you itemized
 deductions);

&nbsp;&nbsp;&nbsp;&nbsp;• You
 have separated from service with the Plan Sponsor at or after age 55;

&nbsp;&nbsp;&nbsp;&nbsp;• You
 are a qualified public safety employee taking a distribution from a governmental plan and
 you separated from service after age 50;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution is made to a terminally ill individual;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 withdrawal amount is paid for certain emergency expenses;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution is an eligible distribution to an eligible domestic abuse victim;_or

&nbsp;&nbsp;&nbsp;&nbsp;• The
 withdrawal amount is paid to an alternate payee under a Qualified Domestic Relations Order
 ("QDRO").

Additional exceptions may apply to distributions from a traditional or Roth IRA if:

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution amount is made in substantially equal periodic payments (at least annually)
 over your life (or life expectancy) or the join lives (or joint life expectancies) of you
 and your designated beneficiary;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distributions are not more than the cost of your medical insurance due to a period of unemployment
 (subject to certain conditions);

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distributions are not more than your qualified higher education expenses; or

&nbsp;&nbsp;&nbsp;&nbsp;• You
 use the distribution to buy, build or rebuild a first home.

The Tax Code may provide other exceptions or impose other penalty taxes in other circumstances.

**Qualified Distributions – Roth 401(k), Roth 403(b) and Roth IRA.** A partial or full distribution of Purchase Payments to a Roth 401(k), Roth 403(b) and Roth 457(b) or a Roth IRA account and earnings credited on those Purchase Payments (or of in-plan rollover amounts and earnings credited on those amounts, as described in the "In-Plan Roth Rollovers" section below) will be excludable from income if it is a qualified distribution. A "qualified distribution" from a Roth 401(k), Roth 403(b) and Roth 457(b) or a Roth IRA account is defined as a distribution that meets the following two requirements:

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution occurs after the five-year taxable period measured from the earlier of:

&nbsp;&nbsp;&nbsp;&nbsp;• The
 first taxable year you, as applicable, made a designated Roth contribution to any designated
 Roth account established for you under the same applicable retirement plan as defined in
 Tax Code Section 402A;

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&nbsp;&nbsp;&nbsp;&nbsp;• If
 a rollover contribution was made from a designated Roth account previously established for
 you under another applicable retirement plan, the first taxable year for which you made a
 designated Roth contribution to such previously established account; or

&nbsp;&nbsp;&nbsp;&nbsp;• The
 first taxable year in which you made an in-plan Roth rollover of non-Roth amounts under the
 same plan; AND

&nbsp;&nbsp;&nbsp;&nbsp;• The
 distribution occurs after you attain age 59½, die with payment being made to your
 Beneficiary or estate, or become disabled as defined in the Tax Code.

A distribution from a Roth account that is not a qualified distribution is includible in gross income under the Tax Code in proportion to your investment in the Contract (basis) and earnings on the Contract.

**Non-Governmental 457(b) Plans.** Compensation deferred under a 457(b) plan of a non-governmental employer is generally includible in income in the first year in which it is paid or otherwise made available to you or your designated Beneficiary.

**Distributions – Eligibility**

Distributions from qualified plans (as described in this Prospectus) generally may occur only upon the occurrence of certain events. The terms of your plan will govern when you are eligible to take a distribution from the plan. The following describes circumstances when you may be able to take a distribution from certain more common types of plans.

**401(a) Pension Plans.** Subject to the terms of your 401(a) pension plan, distributions generally may occur upon:

&nbsp;&nbsp;&nbsp;&nbsp;• Retirement;

&nbsp;&nbsp;&nbsp;&nbsp;• Death;

&nbsp;&nbsp;&nbsp;&nbsp;• Disability;

&nbsp;&nbsp;&nbsp;&nbsp;• Severance
 from employment;

&nbsp;&nbsp;&nbsp;&nbsp;• Attainment
 of normal retirement age;

&nbsp;&nbsp;&nbsp;&nbsp;• Attainment
 of age 59½;

&nbsp;&nbsp;&nbsp;&nbsp;• Termination
 of the plan; or

&nbsp;&nbsp;&nbsp;&nbsp;• Meeting
 other circumstances as allowed by federal law, regulations, or rulings.

Such distributions remain subject to other applicable restrictions under the Tax Code.

**401(k) and Roth 401(k) Plans.** Subject to the terms of your 401(k) plan, distributions from your 401(k) or Roth 401(k) employee account, and possibly all or a portion of your 401(k) or Roth 401(k) employer account, generally may occur only upon:

&nbsp;&nbsp;&nbsp;&nbsp;• Retirement;

&nbsp;&nbsp;&nbsp;&nbsp;• Death;

&nbsp;&nbsp;&nbsp;&nbsp;• Attainment
 of age 59½;

&nbsp;&nbsp;&nbsp;&nbsp;• Severance
 from employment;

&nbsp;&nbsp;&nbsp;&nbsp;• Disability;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 birth or adoption of a child;

&nbsp;&nbsp;&nbsp;&nbsp;• Financial
 hardship; or

&nbsp;&nbsp;&nbsp;&nbsp;• Termination
 of the plan; or

&nbsp;&nbsp;&nbsp;&nbsp;• Meeting
 other circumstances as allowed by federal law, regulations, or rulings.

Such distributions remain subject to other applicable restrictions under the Tax Code.

**403(b) and Roth 403(b) Plans.** Subject to the terms of your 403(b) or Roth 403(b) plan, distribution of certain salary reduction contributions and earnings generally may occur only upon:

&nbsp;&nbsp;&nbsp;&nbsp;• Retirement;

&nbsp;&nbsp;&nbsp;&nbsp;• Death;

&nbsp;&nbsp;&nbsp;&nbsp;• Attainment
 of age 59½;

&nbsp;&nbsp;&nbsp;&nbsp;• Severance
 from employment;

&nbsp;&nbsp;&nbsp;&nbsp;• Disability;

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&nbsp;&nbsp;&nbsp;&nbsp;• The
 birth or adoption of a child;

&nbsp;&nbsp;&nbsp;&nbsp;• Financial
 hardship;

&nbsp;&nbsp;&nbsp;&nbsp;• Termination
 of the plan; or

&nbsp;&nbsp;&nbsp;&nbsp;• Meeting
 other circumstances as allowed by federal law, regulations, or rulings.

Such distributions remain subject to other applicable restrictions under the Tax Code.

Section 403(b) regulations prohibit the distribution of amounts attributable to employer contributions before the earlier of your severance from employment or prior to the occurrence of some event as provided under your employer's plan, such as after a fixed number of years, the attainment of a stated age, or a disability.

If the Company agrees to accept amounts exchanged from a Tax Code Section 403(b)(7) custodial account, such amounts will be subject to the withdrawal restrictions set forth in Tax Code Section 403(b)(7)(A)(ii).

Before we process a withdrawal request, we generally are required to confirm with your 403(b) Plan Sponsor or otherwise that the withdrawals you request from a 403(b) contract comply with applicable tax requirements.

**457(b) and Roth 457(b) Plans.** Under 457(b) and Roth 457(b) plans, distributions may generally not be made available to you earlier than:

&nbsp;&nbsp;&nbsp;&nbsp;• The
 calendar year you attain age 59½;

&nbsp;&nbsp;&nbsp;&nbsp;• When
 you experience a severance from employment; or

&nbsp;&nbsp;&nbsp;&nbsp;• When
 you experience an unforeseeable emergency.

A one-time in-service distribution may also be permitted under a Section 457(b) plan if the total amount payable to the participant does not exceed $5,000 ($7,000 beginning January 1, 2024), no amounts have been deferred by the participant during the two-year period ending on the date of distribution and there have been no such prior in-service distributions.

**Lifetime Required Minimum Distributions (401(a), 401(k), Roth 401(k), 403(b), Roth 403(b), 457(b) and Roth 457(b) Plans)**

To avoid certain tax penalties, you and any designated Beneficiary must also satisfy the required minimum distribution rules set forth in the Tax Code. These rules dictate the following:

The start date for distributions;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 time period in which all amounts in your Contract(s) must be distributed; and

&nbsp;&nbsp;&nbsp;&nbsp;• Distribution
 amounts.

The following discussion is general, and the details of the required minimum distribution rules are extremely complex. Consult a tax advisor for additional information.

**Start Date.** Generally, you must begin receiving distributions by April 1 of the calendar year following the calendar year in which you attain the applicable age (as prescribed by Tax Code Section 401(a)(9)), or in the case of an employer-sponsored plan, April 1 of the calendar year following the calendar year in which you retire, whichever occurs later, unless:

&nbsp;&nbsp;&nbsp;&nbsp;• Under
 401(a), 401(k), 403(b) and Roth 403(b) plans that are not governmental or church plans, you
 are a 5% owner, in which case such distributions must begin by April 1 of the calendar year
 following the calendar year in which you attain the applicable age (as prescribed
 by Tax Code Section 401(a)(9)); or

&nbsp;&nbsp;&nbsp;&nbsp;• Under
 403(b) plans, the Company maintains separate records of amounts held as of December 31, 1986.
 In this case distribution of these amounts generally must begin by the end of the calendar
 year in which you attain age 75. However, if you take any distributions in excess of the
 minimum required amount, then special rules require that the excess be distributed from the
 December 31, 1986, balance.

Your applicable age is determined as follows:

---

| | |
|:---|:---|
| **If you were born . . .** | **Your "applicable age is …** |
| Before July 1, 1949 | 70½ |
| After June 30, 1949 and before 1951 | 72 |
| After 1950 and before 1960 | 73 |
| After 1959 | 75 |

---

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**Time Period.** You must receive distributions from the Contract over a period not extending beyond one of the following time periods:

&nbsp;&nbsp;&nbsp;&nbsp;• Over
 your life or the joint lives of you and your designated Beneficiary; or

&nbsp;&nbsp;&nbsp;&nbsp;• Over
 a period not greater than your life expectancy or the joint life expectancies of you and
 your designated Beneficiary.

**Distribution Amounts.** The amount of each required minimum distribution must be calculated in accordance with Tax Code Section 401(a)(9). Before annuity payments begin, the required minimum distribution amount is generally determined by dividing the entire interest in the account as of December 31 of the preceding year by the applicable distribution period. The entire interest in the account includes the amount of any outstanding rollover, transfer and recharacterization, if applicable, and the actuarial present value of other benefits provided under the account, such as guaranteed death benefits and any optional living benefit. If annuity payments have begun under an annuity option that satisfies the Tax Code Section 401(a)(9) regulations, such payments will generally be viewed as satisfying your required minimum distribution.

**25% Excise Tax.** If you fail to receive the required minimum distribution for any tax year, a 25% excise tax is imposed on the required amount that was not distributed. The excise tax on failure is further reduced from 25% to 10% if corrected in a timely manner and may also be waived by the IRS under certain circumstances.

Further information regarding required minimum distributions may be found in your Contract or certificate.

**Required Distributions Upon Death (401(a), 401(k), Roth 401(k), 403(b), Roth 403(b), 457(b) and Roth 457(b) Plans and IRAs and Roth IRAs)**

Upon your death, any remaining interest in a 401(a), 401(k), Roth 401(k), 403(b), Roth 403(b), 457(b), or Roth 457(b) or IRA or Roth IRA plan must be distributed in accordance with federal income tax requirements under Section 401(a)(9) of the Tax Code. The death benefit provisions of your Contract will be interpreted to comply with those requirements. The post-death distribution requirements were amended, applicable generally with respect to deaths occurring after 2019, by the Setting Every Community Up for Retirement Enhancement Act ("SECURE Act", which was part of the larger Further Consolidated Appropriations Act, 2020. The post-death distribution requirements under prior law continue to apply in certain circumstances.

**Prior Law.** Under prior law, if an employee under an employer sponsored retirement plan dies prior to the required beginning date, the remaining interest must be distributed (1) within five years after the death (the "five-year rule"), or (2) over the life of the designated Beneficiary, or over a period not extending beyond the life expectancy of the designated Beneficiary, provided that such distributions commence within one year after death (the "lifetime payout rule"). If the employee dies on or after the required beginning date (including after the date distributions have commenced in the form of an annuity), the remaining interest must be distributed at least as rapidly as under the method of distribution being used as of the date of death (the "at-least-as-rapidly rule").

**Current Law.** Under the current law, if you die after 2019, and you have a designated Beneficiary, any remaining interest must be distributed within ten years after your death, unless the designated Beneficiary is an eligible designated Beneficiary ("EDB") or some other exception applies. A designated Beneficiary is any individual designated as a Beneficiary by the employee. An EDB is any designated Beneficiary who is (1) your surviving spouse, (2) your minor child, (3) disabled, (4) chronically ill, or (5) an individual not more than ten years younger than you. An individual's status as an EDB is determined on the date of your death. This ten-year post-death distribution period applies regardless of whether you die before your required beginning date, or you die on or after that date (including after distributions have commenced in the form of an annuity). However, if the Beneficiary is an EDB and the EDB dies before the entire interest is distributed under this ten-year rule, the remaining interest must be distributed within ten years after the EDB's death (i.e., a new ten-year distribution period begins).

Instead of taking distributions under the new ten-year rule, an EDB can stretch distributions over life, or over a period not extending beyond life expectancy, provided that such distributions commence within one year of your death, subject to certain special rules. In particular, if the EDB dies before the remaining interest is distributed under this stretch rule, the remaining interest must be distributed within ten years after the EDB's death (regardless of whether the remaining distribution period under the stretch rule was more or less than ten years). In addition, if your minor

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child is an EDB, the child will cease to be an EDB on the date the child reaches the age of majority, and any remaining interest must be distributed within ten years after that date (regardless of whether the remaining distribution period under the stretch rule was more or less than ten years).

If your Beneficiary is not an individual, such as a charity, your estate, or in some cases a trust, any remaining interest after your death generally must be distributed under prior law in accordance with the five-year rule or the at-least-as-rapidly rule, as applicable (but not the lifetime payout rule). However, if your Beneficiary is a trust and all the Beneficiaries of the trust are individuals, the current law may apply pursuant to special rules that treat the Beneficiaries of the trust as designated Beneficiaries, including special rules allowing a Beneficiary of a trust who is disabled or chronically ill to stretch the distribution of their interest over their life or life expectancy in some cases. You should consult a professional tax adviser about the federal income tax consequences of your Beneficiary designations, particularly if a trust is involved.

More generally, the current law applies if you die after 2019, subject to several exceptions. In particular, if you are an employee under a governmental plan, such as a governmental 457(b) plan, the current law applies to your interest in that plan if you die after 2021. In addition, if your plan is maintained pursuant to one or more collective bargaining agreements, the current law generally applies to your interest in that plan if you die after 2021 (unless the collective bargaining agreements terminate earlier).

In addition, the new post-death distribution requirements generally do not apply if the employee died prior to January 1, 2020. However, if the designated Beneficiary of the deceased employee dies after January 1, 2020, any remaining interest must be distributed within ten years of the designated Beneficiary's death. Hence, this ten-year rule generally will apply to a Contract issued prior to 2020 which continues to be held by a designated Beneficiary of an employee who died prior to 2020.

It is important to note that under prior law, annuity payments that commenced under a method that satisfied the distribution requirements while the employee was alive could continue to be made under that method after the death of the employee. Under the current law, however, if you commence taking distributions in the form of an annuity that can continue after your death, such as in the form of a joint and survivor annuity or an annuity with a guaranteed period of more than ten years, any distributions after your death that are scheduled to be made beyond the applicable distribution period imposed under the current law might need to be accelerated at the end of that period (or otherwise modified after your death if permitted under federal tax law and by us) in order to comply with the new post-death distribution requirements.

Certain transition rules may apply. Please consult your tax adviser.

**Start Dates for Spousal Beneficiaries.** Under the current law, as under prior law, if your Beneficiary is your spouse, your surviving spouse can delay the application of the post-death distribution requirements until after your surviving spouse's death by transferring the remaining interest tax-free to your surviving spouse's own IRA.

The post-death distribution requirements are complex and unclear in numerous respects. The IRS and U.S. Department of the Treasury have issued very little guidance on the current law. In addition, the manner in which these requirements will apply will depend on your particular facts and circumstances. You may wish to consult a professional tax adviser for tax advice as to your particular situation.

The Contract provides that upon your death, a surviving spouse may have certain continuation rights that he or she may elect to exercise for the Contract's death benefit and any joint-life coverage under an optional living benefit. All Contract provisions relating to spousal continuation are available only to a person who meets the definition of "spouse" under federal law. The U.S. Supreme Court has held that same-sex marriages must be permitted under state law and that marriages recognized under state law will be recognized for federal law purposes. Domestic partnerships and civil unions that are not recognized as legal marriages under state law, however, will not be treated as marriages under federal law. Consult a tax adviser for more information on this subject.

**Withholding**

Taxable distributions under the Contract are generally subject to withholding. Federal income tax withholding rates vary according to the type of distribution and the recipient's tax status.

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**401(a), 401(k), Roth 401(k), 403(b), Roth 403(b), 457(b) and Roth 457(b) Plans.** Generally, eligible rollover distributions from these plans are subject to a mandatory 20% federal income tax withholding. However, mandatory withholding will not be required if you elect a direct rollover of the distributions to an eligible retirement plan or in the case of certain other distributions described in the Tax Code.

**457(b) Plans of Non-Governmental Employers Plans.** All distributions from these plans, except death benefit proceeds, are subject to mandatory federal income tax withholding as wages. Death benefit proceeds are not subject to income tax withholding.

**IRAs and Roth IRAs.** Generally, you or, if applicable, a designated Beneficiary may elect not to have tax withheld from distributions. Withholding is mandatory, however, if the distributee fails to provide a valid taxpayer identification number, if we are notified by the IRS that the taxpayer identification number we have on file is incorrect, or if the payment is made outside of the U.S. Regardless of whether you elect to have federal income tax withheld, you are still liable for payment of federal income tax on the taxable portion of the payment.

**Non-Resident Aliens.** If you or your designated Beneficiary is a non-resident alien, any withholding will generally be 30% based on the individual's citizenship, the country of domicile and tax treaty status.

**In-Plan Roth Rollovers**

Tax Code Section 401(k), 403(b) and governmental 457(b) plans may add a "qualified Roth contribution program," under which employees can forego the current exclusion from gross income for elective deferrals, in exchange for the future exclusion of the distribution of the deferrals and any earnings thereon. That is, participants may elect to make non-excludable contributions to "designated Roth accounts" (instead of making excludable contributions) – and to exclude from gross income (if certain conditions are met) distributions from these accounts (instead of having distributions included in gross income).

If permitted under the plan for which the Contract is issued and provided the plan offers an applicable Roth account (a Roth 401(k), Roth 403(b) or Roth 457(b) account), non-Roth amounts may be rolled over into a corresponding Roth account within the same plan. The Tax Code provides that, generally, an in-plan rollover to a Roth account is taxable and includable in gross income in the year the rollover occurs, just as if the amount were distributed and not rolled into a qualified account. Please note that in-plan rollovers into a Roth account are not subject to withholding. Consequently, an individual considering such a transaction may want to increase their tax withholding or make an estimated tax payment in the year of the rollover. Amounts rolled over into an in-plan Roth account cannot subsequently be converted back into a non-Roth account.

A partial or full distribution of in-plan Roth rollover amounts and earnings credited on those amounts (or of Purchase Payments made by salary reduction to a Roth account and earnings credited on those Purchase Payments, as described above) will be excludable from income if it is a qualified distribution as defined in the "**Qualified Distributions – Roth 401(k), Roth 403(b) and Roth 457(b)**" section above.

In-plan Roth rollovers are not subject to the 10% additional tax on early distributions under Tax Code Section 72(t) that would normally apply to distributions from a 401(k) or 403(b) plan (or from a governmental 457(b) plan to the extent such amounts are attributable to rollovers from a 401(a), 401(k) or 403(b) plan). However, a special recapture rule applies when a plan distributes any part of the in-plan Roth rollover within a five-year taxable period, making the distribution subject to the 10% additional tax on early distributions under Tax Code Section 72(t) unless an exception to this tax applies or the distribution is allocable to any nontaxable portion of the in-plan Roth rollover. The five-year taxable period begins January 1 of the year of the in-plan Roth rollover and ends on the last day of the fifth year of the period. This special recapture rule does not apply when the participant rolls over the distribution to another designated Roth account or to a Roth IRA but does apply to a subsequent distribution from the rolled over account or Roth IRA within the five-year taxable period.

**Due to administrative complexity, certain in-plan Roth rollovers may not be available through the Contract. Additionally, the tax rules associated with Roth accounts and in-plan Roth rollovers can be complex and you should seek tax and/or legal advice regarding your particular situation.**

**Assignment and Other Transfers**

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**401(a), 401(k), Roth 401(k), 403(b), Roth 403(b), 457(b) and Roth 457(b) Plans.** Your beneficial interest in the Contract may not be assigned or transferred to persons other than:

&nbsp;&nbsp;&nbsp;&nbsp;• A
 plan participant as a means to provide benefit payments;

&nbsp;&nbsp;&nbsp;&nbsp;• An
 alternate payee under a QDRO in accordance with Tax Code Section 414(p);

&nbsp;&nbsp;&nbsp;&nbsp;• The
 Company as collateral for a loan; or

&nbsp;&nbsp;&nbsp;&nbsp;• The
 enforcement of a federal income tax lien or levy.

**IRAs and Roth IRAs.** The Tax Code does not allow a transfer or assignment of your rights under this contract except in limited circumstances. Adverse tax consequences may result if you assign or transfer your interest in the Contract to persons other than your spouse incident to a divorce. Anyone contemplating such an assignment or transfer should contact a tax and/or legal adviser regarding the potential tax effects of such a transaction.

**Federal Estate, Gift and Generation-Skipping Transfer Taxes**

While no attempt is being made to discuss in detail the Federal estate tax implications of the Contract, a purchaser should keep in mind that the value of an annuity contract owned by a decedent and payable to a beneficiary who survives the decedent is included in the decedent's gross estate. Depending on the terms of the annuity contract, the value of the annuity included in the gross estate may be the value of the lump sum payment payable to the designated beneficiary or the actuarial value of the payments to be received by the beneficiary. Consult an estate planning advisor for more information.

Under certain circumstances, the Code may impose a generation-skipping ("GST") tax when all or part of an annuity contract is transferred to, or a death benefit is paid to, an individual two or more generations younger than the Owner. Regulations issued under the Code may require us to deduct the tax from your Contract, or from any applicable payment, and pay it directly to the IRS.

The federal estate tax, gift tax, and GST tax exemptions and maximum rates may be adjusted each year. The potential application of these taxes underscores the importance of seeking guidance from a qualified adviser to help ensure that your estate plan adequately addresses your needs and those of your beneficiaries under all possible scenarios.

**Annuity Purchases by Residents of Puerto Rico**

The Internal Revenue Service has announced that income received by residents of Puerto Rico under life insurance or annuity contracts issued by a Puerto Rico branch of a United States life insurance company is U.S.-source income that is generally subject to United States Federal income tax.

**Possible Changes in Taxation**

Although the likelihood of changes in tax legislation, regulation, rulings and other interpretation thereof is uncertain, there is always the possibility that the tax treatment of the Contract could change by legislation or other means. It is also possible that any change could be retroactive (i.e., effective before the date of the change). You should consult a tax and/or legal adviser with respect to legislative developments and their effect on the Contract.

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**Taxation of the Company**

We are taxed as a life insurance company under the Tax Code. The Separate Account is not a separate entity from us. Therefore, it is not taxed separately as a "regulated investment company" but is taxed as part of the Company.

We automatically apply investment income and capital gains attributable to the Separate Account to increase reserves under the Contract. Because of this, under existing federal tax law we believe that any such income and gains will not be taxed. Because we do not expect that we will incur any federal income tax liability attributable to the Separate Account we do not intend to make any provision for such taxes. However, changes in the tax laws and/or in their interpretation may result in our being taxed on income or gains attributable to the Separate Account. In this case we may impose a charge against a separate account (with respect to some or all of the Contracts) to set aside provisions to pay such taxes. We may deduct this amount from the Separate Account, including from your Contract value invested in the Subaccounts.

In calculating our corporate income tax liability, we may claim certain corporate income tax benefits associated with the investment company assets, including Separate Account assets, which are treated as Company assets under applicable income tax law. These benefits may reduce our overall corporate income tax liability. Under current law, such benefits include foreign tax credits and corporate dividends received deductions. We do not pass the tax benefits to the holders of the Separate Account because (1) the Contract Owners are not the owners of the assets generating these benefits under applicable income tax law; and (2) we do not currently include Company income taxes in the tax charges you pay under the Contract. We reserve the right to change these tax practices.

**OTHER TOPICS**

**Right to Cancel**

**When and How to Cancel.** The Contract Holder may cancel the Contract within ten days of receipt (some states require more than ten days) by returning it, or the document showing your participation under a group contract, to our Customer Service along with a written notice of cancellation. For contracts issued in connection with 401 or 457 plans, the Contract Holder may follow these procedures on behalf of the participant.

**Refunds.** On the day we receive the request for cancellation in Good Order, we will calculate your Contract Value. Your refund will equal that value and will reflect deduction of any Income Payments made. This amount may be more or less than your purchase payment. In certain states (or if you have purchased the Contract as an IRA), we may be required to return your entire Purchase Payment. We will issue your refund within seven calendar days of our receipt of your request in Good Order.

**Contract Distribution**

**General**

The Company's subsidiary, Voya Financial Partners, LLC, serves as the principal underwriter for the Contract. Voya Financial Partners, LLC, a Delaware limited liability company, is registered as a broker-dealer with the SEC. Voya Financial Partners, LLC is also a member of FINRA and the Securities Investor Protection Corporation. Voya Financial Partners, LLC's principal office is located at One Orange Way, Windsor, CT 06095-4774.

We sell the Contract through licensed insurance agents who are registered representatives of broker-dealers that have entered into selling agreements with Voya Financial Partners, LLC. We refer to these broker-dealers as "distributors." Voya Financial Advisors, Inc. is a distributor affiliated with the Company that has entered into a selling agreement with Voya Financial Partners, LLC for the sale of our variable annuity contracts.

Registered representatives of distributors who solicit sales of the Contract typically receive a portion of the compensation paid to the distributor in the form of commissions or other compensation, depending upon the agreement between the distributor and the registered representative. This compensation, as well as other incentives or payments,

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is not paid directly by Contract Holders or the Separate Account, but instead is paid by us through Voya Financial Partners, LLC. We intend to recoup this compensation, and other sales expenses paid to distributors through fees and charges imposed under the Contract.

**Compensation Arrangements.** Registered representatives who offer and sell the Contract may be paid a commission. The maximum percentage amount that may be paid with respect to a given Purchase Payment is 7%. In addition to the commission paid upon receipt of a Purchase Payment to the Contract, we may pay an additional amount, the total amount of which will not exceed 7% of the total commission paid with respect to a given Purchase Payment. Such additional payments will not be made upon receipt of the Purchase Payment but will be paid over the same time period as the Income Payment option selected by the Contract Owner. Individual registered representatives may receive all or a portion of compensation paid to their distributor, depending upon the firm's practices. In limited circumstances, certain of these distributors may also receive compensation, overrides or reimbursement for expenses associated with the distribution of the Contract. At times certain distributors may be offered an enhanced commission for a limited period of time. Commissions and other payments, when combined, could exceed 7% of total Purchase Payments.

To the extent permitted by SEC and FINRA rules and other applicable laws and regulations, we may also pay or allow other promotional incentives or payments in the form of cash payments or other compensation to distributors, which may require the registered representative to attain a certain threshold of sales of Company products. These other promotional incentives or payments may not be offered to all distributors, and may be limited only to Voya Financial Advisors, Inc. and other distributors affiliated with the Company.

We may also enter into special compensation arrangements with certain distributors based on those firms' aggregate or anticipated sales of the Contract or other criteria. These arrangements may include commission specials, in which additional commissions may be paid in connection with Purchase Payments received for a limited time period, within the maximum 7% commission rate noted above. These special compensation arrangements will not be offered to all distributors, and the terms of such arrangements may differ among distributors based on various factors. These special compensation arrangements may also be limited only to Voya Financial Advisors, Inc. and other distributors affiliated with the Company. Any such compensation payable to a distributor will not result in any additional direct charge to you by us.

Some personnel may receive various types of non-cash compensation as special sales incentives, including trips, and we may also pay for some personnel to attend educational and/or business seminars. Any such compensation will be paid in accordance with SEC and FINRA rules. Employees of the Company or its affiliates (including wholesaling employees) may receive more compensation when Funds advised by the Company, or its affiliates ("affiliated Funds") are selected by a Contract Holder than when unaffiliated Funds are selected. Additionally, management personnel of the Company, and of its affiliated broker-dealers, may receive additional compensation if the overall amount of investments in Funds advised by the Company or its affiliates meets certain target levels or increases over time. Compensation for certain management personnel, including sales management personnel, may be enhanced if management personnel meet or exceed goals for sales of the Contract or if the overall amount of investments in the Contract and other products issued or advised by the Company or its affiliates increases over time. Certain management personnel may also receive compensation that is a specific percentage of the commissions paid to distributors or a specific percentage of Purchase Payments received under the Contract, or which may be a flat dollar amount that varies based upon other factors, including management's ability to meet or exceed service requirements, sell new contracts or retain existing contracts, or sell additional service features such as a common remitting program.

In addition to direct cash compensation for sales of contracts described above, through Voya Financial Partners, LLC, we may also pay distributors additional compensation or reimbursement of expenses for their efforts in selling contracts to you and other customers. These amounts may include:

&nbsp;&nbsp;&nbsp;&nbsp;• Marketing/distribution
 allowances that may be based on the percentages of Purchase Payments received, the aggregate
 commissions paid and/or the aggregate assets held in relation to certain types of designated
 insurance products issued by the Company and/or its affiliates during the year;

&nbsp;&nbsp;&nbsp;&nbsp;• Loans
 or advances of commissions in anticipation of future receipt of Purchase Payments (a form
 of lending to registered representatives). These loans may have advantageous terms, such
 as reduction or elimination of the interest charged on the loan and/or forgiveness of the
 principal amount of the loan, which may be conditioned on sales;

&nbsp;&nbsp;&nbsp;&nbsp;• Education
 and training allowances to facilitate our attendance at certain educational and training
 meetings to provide information and training about our products. We also hold training programs
 from time to time at our own expense;

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&nbsp;&nbsp;&nbsp;&nbsp;• Sponsorship
 payments or reimbursements for distributors to use in sales contests and/or meetings for
 their registered representatives who sell our products. We do not hold contests based solely
 on sales of this product;

&nbsp;&nbsp;&nbsp;&nbsp;• Certain
 overrides and other benefits that may include cash compensation based on the amount of earned
 commissions, representative recruiting or other activities that promote the sale of contracts;
 and

&nbsp;&nbsp;&nbsp;&nbsp;• Additional
 cash or noncash compensation and reimbursements permissible under existing law. This may
 include, but is not limited to, cash incentives, merchandise, trips, occasional entertainment,
 meals, and tickets to sporting events, client appreciation events, business and educational
 enhancement items, payment for travel expenses (including meals and lodging) to pre-approved
 training and education seminars and payment for advertising and sales campaigns.

We pay dealer concessions, wholesaling fees, overrides, bonuses, other allowances and benefits and the costs of all other incentives or training programs from our resources, which include the fees and charges imposed under the Contract.

The following is a list of the top 25 distributors that, during 2025, received the most compensation, in the aggregate, from us in connection with the sale of registered variable annuity contracts issued by the Company, ranked by total dollars received:

---

| | |
|:---|:---|
| &nbsp;&nbsp;LPL Financial Corporation Morgan Stanley Smith Barney LLC Osaic Wealth, Inc. Cetera Wealth Services LLC Northwestern Mutual Investment Service Ameriprise Financial Services, Inc. Park Avenue Securities, LLC Lincoln Investment Planning Inc. Kestra Investment Services, LLC Cambridge Investment Research Inc. NYLIFE Securities LLC Allstate Financial Services LLC Cetera Advisors LLC | &nbsp;&nbsp;PFS Investments Inc. Packerland Brokerage Services Osaic FA, Inc. Cetera Investment Services LLC RBC Capital Markets LLC TransAmerica Financial Advisors, Inc. CUSO Financial Services Stifel Nicolaus and Company Incorporation MMA Securities LLC Janney Montgomery Scott LLC Harbour Investments Inc. Purshe Kaplan Sterling Investments Inc. |

---

This is a general discussion of the types and levels of compensation paid by us for the sale of our variable annuity contracts. It is important for you to know that the payment of volume or sales-based compensation to a distributor or registered representative may provide that registered representative a financial incentive to promote our contracts over those of another company and may also provide a financial incentive to promote one of our contracts over another.

The names of the distributor and the registered representative responsible for your account are stated in your enrollment materials.

***Financial Intermediary Variations***

 

Variations in contract benefits or features described in this Prospectus may be imposed without our knowledge by some financial institutions or broker-dealers through which the Contract was sold. For example, your financial professional may not recommend a particular Portfolio or contract benefit to you. Because of the breadth of our distribution network, our agreements with our distribution partners and the fact that the Contract is an older legacy annuity product that has not been offered for sale for a significant period of time, we cannot obtain pertinent information regarding such variations without unreasonable effort and expense.

If you have any questions about any limitations, restrictions, or other variations related to the Portfolios, contract benefits or other contract features available to you, please reach out to your financial institution or broker-dealer.

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**Order Processing**

In certain circumstances, we may need to correct the pricing associated with an order that has been processed. In such circumstances, we may incur a loss or receive a gain depending upon the price of the Fund when the order was executed and the price of the Fund when the order is corrected. Losses may be covered from our assets and gains that may result from such order correction will be retained by us as additional compensation associated with order processing.

**Anti-Money Laundering**

 

In order to protect against the possible misuse of our products in money laundering or terrorist financing, we have adopted an anti-money laundering program satisfying the requirements of the USA PATRIOT Act and other current anti-money laundering laws. Among other things, this program requires us, our agents, and customers to comply with certain procedures and standards that will allow us to verify the identity of the sponsoring organization and that contributions and loan repayments are not derived from improper sources.

Under our anti-money laundering program, we may require customers, and/or Beneficiaries to provide sufficient evidence of identification, and we reserve the right to verify any information provided to us by accessing information databases maintained internally or by outside firms.

We may also refuse to accept certain forms of payments or loan repayments (traveler's cheques, for example) or restrict the amount of certain forms of payments or loan repayments. In addition, we may require information as to why a particular form of payment was used (third party checks, for example) and the source of the funds of such payment in order to determine whether or not we will accept it. Use of an unacceptable form of payment may result in us returning the payment to you.

**Applicable laws designed to prevent terrorist financing and money laundering might, in certain circumstances, require us to block certain transactions until authorization is received from the appropriate regulator. We may also be required to provide additional information about you and your Contract to government regulators.**

Our anti-money laundering program is subject to change without notice to take account of changes in applicable laws or regulations and our ongoing assessment of our exposure to illegal activity.

**Unclaimed Property**

Every state has some form of unclaimed property laws that impose varying legal and practical obligations on insurers and, indirectly, on Contract Owners, insureds, Beneficiaries, and other payees of proceeds. Unclaimed property laws generally provide for escheatment to the state of unclaimed proceeds under various circumstances.

Contract Owners are urged to keep their own, as well as their Beneficiaries' and other payees', information up to date, including full names, postal and electronic media addresses, telephone numbers, dates of birth, and Social Security numbers. Such updates should be communicated to Customer Service.

**Payment Delay or Suspension**

We reserve the right to suspend or postpone the date of any payment of benefits or values under the following circumstances:

&nbsp;&nbsp;&nbsp;&nbsp;• On
 any valuation date when the NYSE is closed (except customary weekend and holiday closings),
 or when trading on the NYSE is restricted;

&nbsp;&nbsp;&nbsp;&nbsp;• When
 an emergency exists as determined by the SEC so that disposal of securities held in the Subaccounts
 is not reasonably practicable or it is not reasonably practicable to fairly determine the
 value of the Subaccount's assets; and

&nbsp;&nbsp;&nbsp;&nbsp;• During
 any other periods the SEC may by order permit for the protection of Investors.

The conditions under which restricted trading, or an emergency exists shall be determined by the rules and regulations of the SEC.

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Payment of benefits or values may also be delayed or suspended as required by court order or any regulatory action.

**Intent to Confirm Quarterly**

Under certain contracts, we will provide confirmation of scheduled transactions quarterly rather than immediately to the participant.

**Legal Proceedings**

We are not aware of any pending legal proceedings that are likely to have a material adverse effect upon the Company's ability to meet its obligations under the Contract, Voya Financial Partners, LLC's ability to distribute the Contract or upon the Separate Account.

**Litigation.** Notwithstanding the foregoing, the Company and/or Voya Financial Partners, LLC, is a defendant in a number of litigation matters arising from the conduct of its business, both in the ordinary course and otherwise. In some of these matters, claimants may seek to recover very large or indeterminate amounts, including compensatory, punitive, treble and exemplary damages. Certain claims are asserted as class actions. Modern pleading practice in the U.S. permits considerable variation in the assertion of monetary damages and other relief. The variability in pleading requirements and past experience demonstrates that the monetary and other relief that may be requested in a lawsuit or claim oftentimes bears little relevance to the merits or potential value of a claim.

&nbsp;&nbsp;&nbsp;&nbsp;• **Regulatory Matters.** As with other financial services companies, the Company and its affiliates,
 including Voya Financial Partners, LLC, periodically receive informal and formal requests
 for information from various state and federal governmental agencies and self-regulatory
 organizations in connection with inquiries and investigations of the products and practices
 of the Company or the financial services industry. It is the practice of the Company to cooperate
 fully in these matters.

The outcome of a litigation or regulatory matter and the amount or range of potential loss is difficult to forecast and estimating potential losses requires significant management judgment. It is not possible to predict the ultimate outcome for all pending litigation and regulatory matters and given the large and indeterminate amounts sought and the inherent unpredictability of such matters, it is possible that an adverse outcome in certain litigation or regulatory matters could, from time to time, have a material adverse effect upon the Company's results of operations or cash flows in a particular quarterly or annual period.

**Financial Statements**

The statements of assets and liabilities, the statements of operations, the statements of changes in net assets and the related notes to financial statements for Variable Annuity Account C and the consolidated financial statements and the related notes to consolidated financial statements for Voya Retirement Insurance and Annuity Company are located in the Statement of Additional Information ("SAI"). To request a free SAI, please contact Customer Service at 1-800-584-6001.

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**APPENDIX A: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT**

**The Variable Options available to you may vary based on employer. You should refer to your plan documents for a list of available Investment Options.**

***Variable Options***

 ****

**The following is a list of Funds available under the Contract. More information about the Funds is available in the prospectuses for the Funds, which may be amended from time to time and can be found online at <u>https://vpx.broadridge.com/getcontract1.asp?dtype=pros&cid=voyavpx&fid=665368205</u>. You can also request this information at no cost by calling 1-877-884-5050 or by sending an email request to <u>ProspectusRequests@voya.com</u>. The Funds available to you may vary based on employer and state approval and participants should refer to their plan documents for a list of available Funds.** 

**The current expenses and performance information below reflects fee and expenses of the Funds, 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 Fund's past performance is not necessarily an indication of future performance.** 

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT 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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT EXPENSES** | **1 Year** | **5 Years** | **10 Years** |
| Seeks to provide a competitive total return through an actively managed portfolio of stocks, bonds and money market instruments which offer income and capital growth opportunity. | **Calvert VP SRI Balanced Portfolio (Class I)**<br>**Investment Adviser:** Calvert Research and Management | 0.65% | 11.48% | 8.68% | 9.81% |
| Seeks long-term capital appreciation. | **Fidelity<sup>®</sup> VIP Contrafund<sup>SM</sup> Portfolio (Initial Class)**<br>**Investment Adviser:** Fidelity Management & Research Company LLC ("FMR")<br>**Subadvisers:** FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited | 0.54% | 21.52% | 15.37% | 15.78% |

---

<sup>\*</sup> Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| <br> **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT 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) |
| <br> **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT EXPENSES** | **1 Year** | **5 Years** | **10 Years** |
| Seeks reasonable income. Also considers the potential for capital appreciation. Seeks to achieve a yield which exceeds the composite yield on the securities comprising the S&P 500<sup>®</sup> Index. | **Fidelity<sup>®</sup> VIP Equity-Income Portfolio<sup>SM</sup> (Initial Class)**<br>**Investment Adviser:** Fidelity Management & Research Company LLC ("FMR")<br>**Subadvisers:** FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited | 0.46% | 19.02% | 12.51% | 11.60% |
| Seeks to achieve capital appreciation. | **Fidelity<sup>®</sup> VIP Growth Portfolio (Initial Class)**<br>**Investment Adviser:** Fidelity Management & Research Company LLC ("FMR")<br>**Subadvisers:** FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited | 0.55% | 14.92% | 13.70% | 17.45% |
| Seeks long-term total return. Under normal market conditions, the Fund invests at least 80% of its net assets in investments of small-capitalization companies. | **Franklin Small Cap Value VIP Fund (Class 2)**<sup>1</sup><br>**Investment Adviser:** Franklin Mutual Advisers, LLC | 0.91%<sup>\*</sup> | 7.65% | 8.86% | 9.81% |
| A *non-diversified* Fund that seeks capital growth. | **Invesco V.I. American Franchise Fund (Series I)**<br>**Investment Adviser:** Invesco Advisers, Inc. | 0.85% | 11.67% | 10.35% | 14.87% |
| Seeks long-term growth of capital. | **Invesco V.I. Core Equity Fund (Series I)**<br>**Investment Adviser:** Invesco Advisers, Inc. | 0.80% | 16.17% | 12.81% | 11.73% |

---

<sup>\*</sup> Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus.

<sup>1</sup> On June 20, 2021, the Fund closed to new investment by new Investors. Existing retirement plans and individual Investors may leave their investment in the Fund and may continue to make additional purchases and exchanges.

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---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT 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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT EXPENSES** | **1 Year** | **5 Years** | **10 Years** |
| Seeks to deliver long-term growth of capital by investing primarily in stocks of mid-sized U.S. companies. | **Lord Abbett Series Fund, Inc. – Mid Cap Stock Portfolio (Class VC)**<br>**Investment Adviser:** Lord, Abbett & Co. LLC | 1.15% | 7.05% | 10.16% | 7.98% |
| Seeks to maximize income while maintaining prospects for capital appreciation. | **Voya Balanced Income Portfolio (Class I)<sup>\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.58%<sup>\*</sup> | 11.96% | 5.92% | 7.16% |
| Seeks to maximize total return through a combination of current income and capital appreciation. | **Voya Global Bond Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.69%<sup>\*</sup> | 8.80% | -2.30% | 1.82% |
| Seeks long-term capital growth and current income. | **Voya Global High Dividend Low Volatility Portfolio** <br> **(Class I)**<sup>1</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.60%<sup>\*</sup> | 19.00% | 10.52% | 9.05% |
| Seeks capital appreciation. | **Voya Global Insights Portfolio (Class I)<sup>\*\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.81%<sup>\*</sup> | 24.31% | 7.21% | 10.97% |
| Seeks to provide high current return, consistent with preservation of capital and liquidity, through investment in high-quality money market instruments while maintaining a stable share price of $1.00. | **Voya Government Money Market Portfolio (Class I)**<sup>2</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.40%<sup>\*</sup> | 4.02% | 3.02% | 1.96% |

---

---

| | |
|:---|:---|
| <sup>\*</sup> | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| <sup>\*\*</sup> | Effective July 24, 2026, the Voya Balanced Income Portfolio will change its name to the Voya Balanced Income Fund. |
| <sup>\*\*\*</sup> | Effective on or about July 17, 2026, the Voya Global Insights Portfolio will change its name to the Voya Global Insights Fund. |
| <sup>1</sup> | This Fund employs a managed volatility strategy. **See "THE INVESTMENT OPTIONS – *The Variable Investment Options* - Funds with Managed Volatility Strategies" for more information.** |
| <sup>2</sup> | There is no guarantee that the Voya Government Money Market Portfolio Subaccount will have a positive or level return. |

---

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---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT 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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT EXPENSES** | **1 Year** | **5 Years** | **10 Years** |
| Seeks to maximize total return through investments in a diversified portfolio of common stock and securities convertible into common stocks. It is anticipated that capital appreciation and investment income will both be major factors in achieving total return. | **Voya Growth and Income Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.67%<sup>\*</sup> | 18.21% | 15.46% | 14.62% |
| Seeks to provide Investors with a high level of current income and total return. | **Voya High Yield Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.50% | 8.80% | 3.92% | 5.82% |
| Seeks to outperform the total return performance of the S&P 500<sup>®</sup> Index while maintaining a market level of risk. | **Voya Index Plus LargeCap Portfolio** <br> **(Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.55%<sup>\*</sup> | 15.20% | 13.73% | 13.90% |
| Seeks to outperform the total return performance of the S&P MidCap 400<sup>®</sup> Index while maintaining a market level of risk. | **Voya Index Plus MidCap Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.60%<sup>\*</sup> | 8.16% | 9.90% | 9.75% |
| Seeks to outperform the total return performance of the S&P SmallCap 600<sup>®</sup> Index while maintaining a market level of risk. | **Voya Index Plus SmallCap Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br>| 0.60%<sup>\*</sup> | 8.27% | 8.97% | 9.23% |

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<sup>\*</sup> Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus.

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---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT 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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT EXPENSES** | **1 Year** | **5 Years** | **10 Years** |
| Seeks to maximize total return consistent with reasonable risk. The Portfolio seeks its objective through investments in a diversified portfolio consisting primarily of debt securities. It is anticipated that capital appreciation and investment income will both be major factors in achieving total return. | **Voya Intermediate Bond Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.55%<sup>\*</sup> | 7.71% | 0.15% | 2.66% |
| Seeks maximum total return. | **Voya International High Dividend Low Volatility Portfolio (Class I)**<sup>1</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.76% | 37.60% | 11.59% | 7.83% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of a widely accepted international index. | **Voya International Index Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.45%<sup>\*</sup> | 30.89% | 8.50% | 7.91% |
| A *non-diversified* Portfolio that seeks long-term capital growth. | **Voya Large Cap Growth Portfolio (Class I)<sup>\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC and T. Rowe Price Associates Inc.<sup>\*\*\*</sup><br>| 0.67%<sup>\*</sup> | 15.33% | 12.23% | 15.19% |

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| | |
|:---|:---|
| <sup>\*</sup> | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| <sup>\*\*</sup> | Effective November 21, 2025, the VY<sup>®</sup> T. Rowe Price Growth Equity Portfolio (Class I) merged into the Voya Large Cap Growth Portfolio (Class I). |
| <sup>\*\*\*</sup> | Effective October 27, 2025, T. Rowe Price Associates Inc. was added as a sub-adviser to the Voya Large Cap Growth Portfolio. |
| <sup>1</sup> | This Fund employs a managed volatility strategy. **See "THE INVESTMENT OPTIONS – *The Variable Investment Options* - Funds with Managed Volatility Strategies" for more information.** |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| <br> **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **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) |
| <br> **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **1 Year** | **5 Years** | **10 Years** |
| Seeks long-term growth of capital and current income. | **Voya Large Cap Value Fund (Class A)<sup>\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.86%<sup>\*</sup> | 12.66% | 12.56% | 10.85% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Russell Top 200<sup>®</sup> Growth Index. | **Voya Russell<sup>TM</sup> Large Cap Growth Index Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.43%<sup>\*</sup> | 18.12% | 16.24% | 18.65% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Russell Top 200<sup>®</sup> Index. | **Voya Russell<sup>TM</sup> Large Cap Index Portfolio (Class S)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.61%<sup>\*</sup> | 18.51% | 14.45% | 15.09% |
| Seeks growth of capital primarily through investment in a diversified portfolio of common stock of companies with smaller market capitalizations. | **Voya Small Company Portfolio (Class I)**<sup>1</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.87%<sup>\*</sup> | 8.59% | 6.26% | 8.39% |
| Seeks long-term capital appreciation. | **Voya SmallCap Opportunities Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.92%<sup>\*</sup> | 14.80% | 5.85% | 9.11% |

---

<sup>\*</sup> Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus.

<sup>\*\*</sup> Effective February 6, 2026, the VY<sup>®</sup>T. Rowe Price Equity Income Portfolio and the Voya Large Cap Value Portfolio merged into the Voya Large Cap Value Fund.

<sup>1</sup> The Voya Small Company Portfolio is only available to plans offering the fund prior to April 29, 2011.

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---

| | | | | |
|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **1 Year** | **5 Years** | **10 Years** |
| Seeks growth of capital. | **Voya Solution Aggressive Portfolio (Class I)**<sup>1</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.77%<sup>\*</sup> | 16.87% | 9.89% | 10.55% |
| Seeks to provide capital growth through a diversified asset allocation strategy. | **Voya Solution Balanced Portfolio (Class I)**<sup>1</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.75%<sup>\*</sup> | 13.05% | 6.84% | 8.04% |
| Seeks to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. | **Voya Solution Conservative Portfolio (Class I)**<sup>1</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.66%<sup>\*</sup> | 8.33% | 2.97% | 4.77% |
| Seeks long-term capital growth. Income is a secondary objective. | **VY<sup>®</sup> American Century Small-Mid Cap Value Portfolio (Class S)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** American Century Investment Management, Inc.<br> 1.10%<sup>\*</sup> | 4.99% | 8.19% | 9.00% |
| Seeks capital appreciation. | **VY<sup>®</sup> Baron Growth Portfolio (Class S)<sup>\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** BAMCO, Inc.<br> 1.25%<sup>\*</sup> | -10.94% | -0.34% | 9.17% |

---

---

| | |
|:---|:---|
| <sup>\*</sup> | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| <sup>\*\*</sup> | Effective on or about July 17, 2026, the VY<sup>®</sup> Baron Growth Portfolio (Class S) will merge into the Voya MidCap Opportunities Fund (Class S). |
| <sup>1</sup> | This Fund is structured as a fund of funds that invest directly in shares of underlying Funds. **See "THE INVESTMENT OPTIONS – Fund of Funds" for additional information.** |

---

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| | | | | |
|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **1 Year** | **5 Years** | **10 Years** |
| Seeks total return including capital appreciation and current income. | **VY<sup>®</sup> Columbia Real Estate Portfolio (Class I)<sup>\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Columbia Management Investment Advisers, LLC<br> 0.75%<sup>\*</sup> | 0.30% | 5.93% | 5.06% |
| Seeks total return consisting of long-term capital appreciation and current income. | **VY<sup>®</sup> Columbia Contrarian Core Portfolio (Class S)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Columbia Management Investment Advisers, LLC<br> 0.96%<sup>\*</sup> | 17.08% | 13.87% | 14.01% |
| Seeks growth from capital appreciation. | **VY<sup>®</sup> JPMorgan Mid Cap Value Portfolio (Class S)**<br> **<br> Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** J.P. Morgan Investment Management Inc.<br> 1.10%<sup>\*</sup> | 4.37% | 9.26% | 8.48% |
| Seeks capital growth and income. | **VY<sup>®</sup> Invesco Comstock Portfolio (Class S)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Invesco Advisers, Inc.<br>0.97%<sup>\*</sup> | 17.02% | 14.95% | 11.75% |

---

---

| |
|:---|
| <sup>\*</sup> |
| <sup>\*\*</sup> Effective January 21, 2026, the VY<sup>®</sup> CBRE Real Estate Portfolio changed its name to the VY<sup>®</sup> Columbia Real Estate Portfolio and the subadviser changed from CBRE Investment Management Listed Real Assets, LLC to the Columbia Management Investment Advisers, LLC. |

---

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**APPENDIX B: FIXED DOLLAR OPTION**

The following summarizes material information concerning the fixed dollar option. You may choose to allocate all or a portion of your Purchase Payment to the fixed dollar option. If you choose the fixed dollar option, your Income Payments will generally remain fixed as specified in your contract over the term of the contract. Your fixed payment may vary due to factors including your selection of an increasing annuity or your election and use of a right to withdraw. In certain cases, you may elect a right to withdraw any remaining guaranteed payments **(see "*Withdrawals*" in this Appendix)**. Amounts allocated to the fixed dollar option are held in the Company's general account that supports general insurance and annuity obligations.

Interests in the fixed dollar option have not been registered with the SEC in reliance upon exemptions under the Securities Act of 1933, as amended. Disclosure in this Prospectus regarding the fixed dollar option may, however, be subject to certain generally applicable provisions of the federal securities laws relating to the accuracy and completeness of such statements. The Fixed Dollar Option is not registered as an investment company under the 1940 Act.

***Payment Options***

All of the payment options described under "Income Payments" in this Prospectus are available for the fixed dollar option. If you allocate all of your Purchase Payment to the fixed dollar option, you may also elect one of the following features in connection with your fixed income payments:

&nbsp;&nbsp;&nbsp;&nbsp;• **A Cash Refund Feature.** (Only available if you select 100% fixed payments.) With this feature,
 if the annuitant or both annuitants (as applicable) die, then the beneficiary will receive
 a lump–sum payment equal to the Purchase Payment allocated to the fixed dollar option
 less any premium tax and less the total amount of fixed income payments paid prior to such
 death. The cash refund feature may be elected only with a "life income" or "life
 income–two lives" payment option that has no reduction in payment to the survivor. **See " Income Payments – Payment Options."** You may not elect a right to withdraw or elect an increasing annuity
 with this feature.

&nbsp;&nbsp;&nbsp;&nbsp;• **An Increasing Annuity.** (Only available if you select 100% fixed payments.) With this feature
 you may elect for your payments to increase by either one, two, or three percent, compounded
 annually. The higher your percentage, the lower your initial payment will be. This is available
 with any payment option, except for those with a reduction in payment to the survivor. **See " Income Payments – Payment Options."** You may not elect a right to withdraw or elect the cash refund feature with an increasing
 annuity.

 ****

***Fixed Income Payment Amounts***

The amount of each payment depends upon: (1) the Purchase Payment that you allocate to the fixed dollar option, less any premium tax; and (2) the payment option and features chosen.

***Withdrawals***

**Withdrawal Value–Lifetime Payment Options.** If you select a lifetime payment option with guaranteed payments and elect the right to make withdrawals, the withdrawal amount available from any fixed portion of remaining guaranteed payments is equal to the present value of the remaining fixed portion of guaranteed payments calculated using the contract rate adjusted by the change in the constant maturity ten year Treasury note rate from your contract effective date to the date we calculate the withdrawal value. Any applicable early withdrawal charge will be deducted.

**Withdrawal Value–Nonlifetime Payment Options.** If you select a nonlifetime payment option and elect the right to make withdrawals, the withdrawal amount available from any fixed portion of remaining guaranteed payments is equal to the present value of the remaining fixed portion of guaranteed payments calculated using the adjusted contract rate. The calculation is presented below. Any applicable early withdrawal charge will be deducted.

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The adjusted contract rate equals (Rate of Return) + WY – IY, where:

**Rate of Return** is the fixed annuity present value interest rate shown in your contract

**WY** is the withdrawal yield

**IY** is the issue yield

**WY** is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;(1) WY
 is the average of the yields, as published in the Wall Street Journal on the Friday before
 the date of the withdrawal, of noncallable, non–inflation adjusted Treasury Notes or
 Bonds maturing on or closest to the withdrawal duration date; where

&nbsp;&nbsp;&nbsp;&nbsp;(2) The
 withdrawal duration date is the date (month and year) obtained when the withdrawal duration
 is added to the date of the withdrawal; and the

&nbsp;&nbsp;&nbsp;&nbsp;(3) Withdrawal
 duration equals 1 plus the number of whole years from the date of the withdrawal until the
 final guaranteed payment is due, divided by 2. Any resulting fraction will be rounded up
 to the next whole number.

**IY** is determined as follows:

&nbsp;&nbsp;&nbsp;&nbsp;(1) IY
 is the average of the yields, as published in the Wall Street Journal on the Friday before
 the later of the contract effective date or the benefit change date shown in your contract,
 of noncallable, non–inflation adjusted Treasury Notes or Bonds maturing on or closest
 to the issue duration date;

&nbsp;&nbsp;&nbsp;&nbsp;(2) The
 issue duration date (month and year) is obtained when the issue duration is added to the
 later of the contract effective date or the benefit change date;

&nbsp;&nbsp;&nbsp;&nbsp;(3) Issue
 duration equals 1 plus the number of whole years from the later of the contract effective
 date or the benefit change date until the final payment is due, divided by 2. Any resulting
 fraction will be rounded up to the next whole number; or

&nbsp;&nbsp;&nbsp;&nbsp;(4) Benefit
 change date is the date of the most recent change, if any, of the guaranteed payment period.

 ****

***Early Withdrawal Charge***

Withdrawals may be subject to an early withdrawal charge. The charge is a percentage of the amount that you withdraw. The percentage will be determined by the early withdrawal charge schedule applicable to your contract:

---

| | |
|:---|:---|
| **Number of Years from**<br> **Contract Effective Date<sup>\*</sup>**<br> 1 or more, but fewer than 2<br> 2 or more, but fewer than 3<br> 3 or more, but fewer than 4<br> 4 or more, but fewer than 5<br> 5 or more, but fewer than 6<br> 6 or more, but fewer than 7<br> 7 or more | <br> **Early Withdrawal Charge**<br> 6%<br> 5%<br> 4%<br> 3%<br> 2%<br> 1%<br> 0% |

---

The early withdrawal charge, in effect, is a deferred sales charge imposed to reimburse the Company for unrecovered acquisition and distribution costs.

**Internal Exchanges.** In the case of amounts transferred from a prior contract or arrangement issued or administered by the Company or certain of its affiliates, the "Number of Years from Contract Effective Date" is calculated from the date of the first Purchase Payment made under the individual's account under the prior contract or if earlier, the effective date of the individual's account under the prior contract or arrangement. There is no surrender charge under this contract on amounts transferred or rolled over as an internal transfer when the prior contract or arrangement imposed a front end load, there was no applicable surrender charge under the prior contract, or arrangement or if the prior contract or arrangement would not have assessed a surrender charge if the money had been transferred to a contract issued by a non–affiliated company.

_______________________

<sup>\*</sup> For participants under a group contract, the early withdrawal charge will be calculated based upon the number of years from the certificate effective date.

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**Reduction or Elimination of the Early Withdrawal Charge.** We may reduce or eliminate the early withdrawal charge when sales of the contract are made to individuals or a group of individuals in such a manner that results in savings of sales expenses. The entitlement to such a reduction in the early withdrawal charge will be based on one or more of the following criteria:

&nbsp;&nbsp;&nbsp;&nbsp;• The
 size and type of group of individuals to whom the contract is offered;

&nbsp;&nbsp;&nbsp;&nbsp;• The
 type and frequency of administrative and sales services to be provided; or

&nbsp;&nbsp;&nbsp;&nbsp;• Whether
 there is a prior or existing relationship with the Company such as being an employee or former
 employee of the Company or one of its affiliates; receiving distributions or making internal
 transfers from other contracts or arrangements offered by the Company or one of its affiliates;
 or making transfers of amounts held under qualified plans sponsored by the Company or an
 affiliate.

Any reduction or elimination of the early withdrawal charge will not be unfairly discriminatory against any person.

 ****

***Death Benefit***

If the annuitant or both annuitants, as applicable, die before all guaranteed payments are paid, payments will continue to the beneficiary in the manner stated in your contract.

**Payment of Death Benefit.** Any death benefit will be paid in the form specified in the contract and will be distributed at least as rapidly as under the method of distribution in effect upon the date of death. **See "FEDERAL Tax Considerations"** for rules that apply if you have elected to delay your payment start date under a nonqualified annuity and you die before the annuity starting date. A lump–sum payment of any death benefit may be requested within six months following the date of death. If a lump–sum payment is requested, no early withdrawal charge is applied, and payment will be sent within seven calendar days following our receipt of request in Good Order. A lump–sum payment may be requested at any time (even after the six-month period) if you had elected the right to withdraw. If a cash refund feature was elected, the death benefit will be paid in one lump sum to the beneficiary.

At the time of death benefit election, the beneficiary may elect to receive the death benefit proceeds directly by check rather than through the retained asset account draft book feature by notifying us at the address referenced under the "**Contract Overview** **– Questions: Contacting the Company**" section of this Prospectus.

If the contract holder who is not the annuitant dies, income payments will continue to be paid to the payee in the form specified in the contract. If no payee survives the death of the contract holder, income payments will be made to the annuitant. Such payments will be paid at least as rapidly as under the method of distribution then in effect.

**Death Benefit Amount.** If you elect a right to withdraw, the death benefit value will be determined as described under "***Withdrawal***s" in this Appendix. No early withdrawal charge will apply. If the contract is issued with guaranteed payments and with no right to withdraw, the rate used to determine the value of the remaining guaranteed payments will be the fixed annuity present value interest rate shown in the contract.

The value of the death benefit will be determined as of the next valuation following the Company's receipt at its Customer Service of proof of death acceptable to us and a request for payment in Good Order.

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**APPENDIX C: CALCULATION OF PRESENT VALUE OF REMAINING GUARANTEED VARIABLE OR FIXED INCOME PAYMENTS**

To the extent that the Contract allows for the full or partial withdrawal of the present value of remaining guaranteed variable or fixed income payments, the present value for each will be calculated as follows:

**Withdrawals – Variable Income**

The present value of remaining guaranteed variable income payments is calculated as follows:

Present Value = [ Units x Current Unit Value ] x Annuity Factor

Where Annuity Factor equals:

---

| | |
|:---|:---|
| Annuity Factor = [ (1 – v ^ n) / d ] x { 1 / [ (1 + i) ^ (b / (365 / m)) ] } | Annuity Factor = [ (1 – v ^ n) / d ] x { 1 / [ (1 + i) ^ (b / (365 / m)) ] } |
| Notes: | [ (1 – v ^ n) / d ] is the present value of $1 / mode with the first payment due immediately. |
|  | { 1 / [ (1 + i) ^ (b / (365 / m)) ] } is a discount factor representing the time value difference between the first payment being due immediately and the actual number of days before the first payment is due. |

---

Where:

i = [(1 + AIR) ^ (1 / mode)] – 1

v = 1 / (1 + i)

d = i / (1 + i)

n = number of remaining guaranteed payments

m = number of payments per year (mode)

b = days until the next scheduled payment

This is calculated for each fund held and summed for a total present value amount.

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**Withdrawals – Fixed Income**

The present value of remaining guaranteed fixed income payments is calculated as follows:

Present Value = Fixed Benefit x Annuity Factor

Where Annuity Factor equals:

---

| | |
|:---|:---|
| Annuity Factor = [ (1 – v ^ n) / d ] x { 1 / [ (1 + i) ^ (b / (365 / m)) ] } | Annuity Factor = [ (1 – v ^ n) / d ] x { 1 / [ (1 + i) ^ (b / (365 / m)) ] } |
| Notes: | [ (1 – v ^ n) / d ] is the present value of $1 / mode with the first payment due immediately. |
|  | { 1 / [ (1 + i) ^ (b / (365 / m)) ] } is a discount factor representing the time value difference between the first payment being due immediately and the actual number of days before the first payment is due. |

---

Where:

i = [(1 + adjusted contract rate) ^ (1 / mode)] – 1

v = 1 / (1 + i)

d = i / (1 + i)

n = number of remaining guaranteed payments

m = number of payments per year (mode)

b = days until the next scheduled payment

**Examples**

<u>Withdrawal (assuming variable income with one fund)</u>

The present value of remaining guaranteed variable income payments is calculated as follows (assumes 24 remaining monthly payments will be fully withdrawn):

Let Units = 10 and Current Unit Value = $15,

Present Value = 10 x $15 x 23.1825 = $3,477.37

Where Annuity Factor equals:

[ (1 – 0.997137 ^ 24) / 0.002863 ] x { 1 / [ (1 + 0.002871) ^ (20 / (365 / 12)) ] }

= 23.1825

Where:

Let AIR = 3.5%

i = [(1 + 0.035) ^ (1 / 12)] – 1 = 0.002871

v = 1 / (1 + 0.002871) = 0.997137

d = 0.002871 / (1 + 0.002871) = 0.002863

n = 24

m = 12

b = 20

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<u>Withdrawals (assuming fixed income)</u> 

The present value of remaining guaranteed fixed income payments is calculated as follows (assumes 24 remaining monthly payments will be fully withdrawn) (using equivalent assumptions as the variable example to see the similarity):

Let Fixed Benefit = $150,

Present Value = $150 x 23.1825 = $3,477.37

Where Annuity Factor equals:

[ (1 – 0.997137 ^ 24) / 0.002863 ] x { 1 / [ (1 + 0.002871) ^ (20 / (365 / 12)) ] }

= 23.1825

Where:

Let the Adjusted Contract Rate = 3.5%

i = [(1 + 0.035) ^ (1 / 12)] – 1 = 0.002871

v = 1 / (1 + 0.002871) = 0.997137

d = 0.002871 / (1 + 0.002871) = 0.002863

n = 24

m = 12

b = 20

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**HOW TO GET MORE INFORMATION**

The SAI includes additional information about the Contract and the Separate Account and is incorporated by reference into this Prospectus. The SAI can be found online at <u>https://vpx.broadridge.com/getcontract1.asp?doctype=sai&dtype=isp&cid=voyavpx&fid=92912K323</u> or available without charge, upon request, by calling us toll-free at 1-800-584-6001 or by sending an email request to <u>ProspectusRequests@voya.com</u>. You also can request other information and make other inquiries by calling that toll-free number.

Reports and other information about the Variable Annuity Account C, and Voya Retirement Insurance and Annuity Company, are available on the Commission's website at <u>http://www.sec.gov</u>. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: <u>publicinfo@sec.gov</u>.

EDGAR Contract Identifier: C000002963

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**PART B**

**INFORMATION REQUIRED IN A STATEMENT OF ADDITIONAL INFORMATION**

**VARIABLE ANNUITY ACCOUNT C** of **VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY**

**Statement of Additional Information Dated May 1, 2026**

**VOYA FLEXIBLE INCOME ANNUITY**

**A FIXED OR VARIABLE, GROUP AND/OR INDIVIDUAL IMMEDIATE ANNUITY CONTRACT**

issued to

**Traditional Individual Retirement Annuity ("IRA") under Tax Code Section 408(b)**

and

**Employees of Plans Established by Eligible Organizations under Tax Code Sections 401, 403(b) and 457**

This Statement of Additional Information ("SAI") is not a prospectus and should be read in conjunction with the Prospectus dated May 1, 2026, for the Voya Retirement Insurance and Annuity Company Contract referenced above. The Prospectus sets forth information that a prospective Investor ought to know before investing. You may obtain a free copy of the Prospectus, by either contacting Customer Service at Defined Contract Administration, P.O. Box 990063, Windsor, CT 06199-0063, 1-800-584-6001.

Read the Prospectus before you invest. Terms used in this SAI shall have the same meaning as in the Prospectus.

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
|  | Page |
| [GENERAL INFORMATION AND HISTORY](#sai_001) | 2 |
| [VARIABLE ANNUITY ACCOUNT C](#sai_002) | 2 |
| [SERVICES](#sai_003) | 3 |
| [PRINCIPAL UNDERWRITER](#sai_004) | 3 |
| [PERFORMANCE REPORTING](#sai_005) | 4 |
| [INCOME PAYMENTS](#sai_006) | 4 |
| [FINANCIAL STATEMENTS](#sai_007) | 6 |

---

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**GENERAL INFORMATION AND HISTORY**

The Company issues the Contract described in the Prospectus and is responsible for providing the Contracts' insurance and annuity benefits. All guarantees and benefits provided under the Contract that are not related to the Separate Account are subject to the claims paying ability of the Company and our General Account. We are a stock life insurance company organized under the insurance laws of the State of Connecticut in 1976. Prior to January 1, 2002, the Company was known as Aetna Life Insurance and Annuity Company. From January 1, 2002, until August 31, 2014, the Company was known as ING Life Insurance and Annuity Company.

We are an indirect, wholly owned subsidiary of Voya Financial, Inc. ("Voya"), which until April 7, 2014, was known as ING U.S., Inc. In May 2013, the common stock of Voya began trading on the New York Stock Exchange under the symbol "VOYA."

The Company serves as the depositor for the Separate Account.

Other than the mortality and expense risk charge and administrative expense charge described in the Prospectus, all expenses incurred in the operations of the Separate Account are borne by the Company. However, the Company does receive compensation for certain administrative or distribution costs from the Funds or affiliates of the Funds used as funding options under the Contract. **(See "CHARGES AND FEES" in the prospectus.)**

The assets of the Separate Account are held by the Company. The Separate Account has no custodian. However, the Funds in whose shares the assets of the Separate Account are invested each have custodians, as discussed in their respective prospectuses.

From this point forward, the term "Contract(s)" refers only to those offered through the Prospectus.

**VARIABLE ANNUITY ACCOUNT C (THE "SEPARATE ACCOUNT")**

We established Variable Annuity Account C under Connecticut law in 1976 as a continuation of the separate account established in 1974 under Arkansas law by Aetna Variable Annuity Life Insurance Company. The Separate Account was established by the Company for the purpose of funding variable annuity contracts issued by the Company. It is registered with the Securities and Exchange Commission ("SEC") as a unit investment trust under the Investment Company Act of 1940, as amended. Although we hold title to the assets of Variable Annuity Account C, such assets are not chargeable with the liabilities of any other business that we conduct. Income, gains or losses, whether or not realized, of the Separate Account are credited to or charged against the assets of the Separate Account without regard to other income, gains or losses of the Company. All obligations arising under the Contract are obligations of the Company. All guarantees and benefits provided under the Contract that are not related to the Separate Account are subject to the claims paying ability of the Company and our General Account.

The Separate Account is divided into Subaccounts. Purchase Payments to accounts under the Contract may be allocated to one or more of the Subaccounts. Each Subaccount invests in the shares of only one of the Funds offered under the Contract. We may make additions to, deletions from or substitutions of available investment options as permitted by law and subject to the conditions of the Contract. The availability of the Funds is subject to applicable regulatory authorization. Not all Funds are available in all jurisdictions, under all contracts or under all plans.

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**SERVICES**

***Third Party Compensation Arrangements***

Please be aware that:

&nbsp;&nbsp;&nbsp;&nbsp;• The Company may seek to promote itself and the
Contract by sponsoring or contributing to events sponsored by various associations, professional organizations and labor organizations;

&nbsp;&nbsp;&nbsp;&nbsp;• The Company may make payments to associations
and organizations, including labor organizations, which endorse or otherwise recommend the Contract to their membership. If an endorsement
is a factor in your contract purchasing decision, more information on the payment arrangement, if any, is available upon your request;
and

&nbsp;&nbsp;&nbsp;&nbsp;• At the direction of the Contract Holder, the Company
may make payments to the Contract Holder, its representatives or third-party service providers intended to defray or cover the costs of
plan or program-related administration.

***Experts***

The statements of assets and liabilities of Variable Annuity Account C as of December 31, 2025, and the related statements of operations and changes in net assets for the periods disclosed in the financial statements, and the consolidated financial statements of the Company as of December 31, 2025 and 2024, and for each of the two years in the period ended December 31, 2025, included in the SAI, have been audited by Ernst & Young LLP, independent registered public accounting firm, as set forth in their reports thereon appearing elsewhere herein, and are included in reliance upon such reports given on the authority of such firm as experts in accounting and auditing.

The primary business address of Ernst & Young LLP is 55 Ivan Allen Jr. Boulevard, Suite 1000, Atlanta, GA 30308.

**PRINCIPAL UNDERWRITER**

The Company's subsidiary, Voya Financial Partners, LLC, serves as the principal underwriter for the Contract. Voya Financial Partners, LLC, a Delaware limited liability company, is registered as a broker-dealer with the SEC. Voya Financial Partners, LLC is also a member of the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation. Voya Financial Partners, LLC's principal office is located at One Orange Way, Windsor, CT 06095-4774. The Contract is distributed through life insurance agents licensed to sell variable annuities who are registered representatives of Voya Financial Partners, LLC or of other registered broker-dealers who have entered into sales arrangements with Voya Financial Partners, LLC. The offering of the Contract is continuous. **A description of the manner in which contracts are purchased may be found in the Prospectus under the section titled "CONTRACT PURCHASE AND PARTICIPATION."**

Compensation paid to the principal underwriter, Voya Financial Partners, LLC, for the years ending December 31, 2025, 2024 and 2023 amounted to $67,209,367.36, $66,281,426.30, and $66,878,550.51 respectively. These amounts reflect compensation paid to Voya Financial Partners, LLC attributable to regulatory and operating expenses associated with the distribution of all registered variable annuity products issued by Variable Annuity Account C of the Company.

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**PERFORMANCE REPORTING**

We may advertise different types of historical performance for the Subaccounts including:

&nbsp;&nbsp;&nbsp;&nbsp;• Standardized average annual total returns; and

&nbsp;&nbsp;&nbsp;&nbsp;• Non-standardized average annual total returns.

We may also advertise certain ratings, rankings or other information related to the Company, the Subaccounts, or the Funds.

***Standardized Average Annual Total Returns***

We calculate standardized average annual total returns according to a formula prescribed by the SEC. This shows the percentage return applicable to $1,000 invested in the Subaccounts over the most recent month-end, one, five and ten-year periods. If the investment option was not available for the full period, we give a history from the date money was first received in that option under the Separate Account or from the date the Fund was first available under the Separate Account. As an alternative to providing the most recent month-end performance, we may provide a phone number, website or both where these returns may be obtained.

We include all recurring charges during each period (e.g., mortality and expense risk charges, administrative expense charges, if any, and any applicable early withdrawal charges).

***Non-Standardized Average Annual Total Returns***

We calculate non-standardized average annual total returns in a similar manner as that stated above, except we may include returns that do not reflect the deduction of any applicable early withdrawal charge. If we reflected these charges in the calculation, they would decrease the level of performance reflected by the calculation. Non-standardized returns may also include performance from the Fund's inception date, if that date is earlier than the one, we use for standardized returns.

**INCOME PAYMENTS**

Your variable Income Payments will fluctuate as the Annuity Unit Value(s) ("AUV") fluctuates with the investment experience of the selected subaccount(s). The first income payment and subsequent income payments also vary depending upon the assumed annual net return rate selected (3.5% or 5% per annum). Currently only 3.5% assumed annual net return rate is available. Selection of a 5% rate causes a higher first Income Payment, but payments will increase thereafter only to the extent that the net investment rate increases by more than 5% on an annual basis. Income Payments would decline if the rate failed to increase by 5%. Use of the 3.5% assumed rate causes a lower first Income Payment, but subsequent Income Payments would increase more rapidly or decline more slowly as changes occur in the net investment rate.

A fixed number of annuity units ("Annuity Units") are determined in each of the designated subaccounts on the contract effective date. When you select variable income payments, your account value purchases Annuity Units of the separate account subaccounts corresponding to the funds you select. The number of Annuity Units purchased is based on your account value and the value of each unit on the day the Annuity Units are purchased. The number of Annuity Units, which generally does not change thereafter, is calculated by dividing (a) by (b), where (a) is the amount of the income payment as if the payment was calculated as of the contract effective date, and (b) is the AUV for that investment option on the contract effective date. The first payment will be calculated as of the 10<sup>th</sup> valuation before the payment due date, which depends upon the payment frequency you have selected. As noted above, AUV fluctuate from one valuation to the next (see "**THE CONTRACT - *The Variable Income Payments***" in the Prospectus); such fluctuations reflect changes in the net investment factor for the applicable subaccount(s) (with a 10 valuation lag which gives the Company time to process payments) and a mathematical adjustment which offsets the assumed annual net return rate of 3.5% or 5% per annum.

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The operation of all these factors can be illustrated by the following hypothetical example. These procedures will be performed separately for each subaccount selected.

***Example:***

Assume that you purchase a single premium immediate annuity contract with a $50,000 premium. The payment option that you select has a payment factor of $6.68 per $1,000 of value applied. Also assume that no premium tax charge is payable.

If a payment was determined as of the contract effective date, that payment would be calculated by multiplying $6.68 per $1,000 by 50.000. This would produce an initial payment of $334.00.

Assume that the value of the Annuity Unit on the contract effective date is 13.400000. The payment calculated as of the contract effective date is divided by the AUV to determine the number of Annuity Units (that is, $334.00/13.400000 = 24.925 Annuity Units). The number of Annuity Units will generally remain constant over the term of your contract as determined by the income payment option you select. The value of each payment will be determined on the 10<sup>th</sup> valuation before the payment due date by multiplying the number of Annuity Units by that date's AUV.

Payments will subsequently fluctuate depending upon the net investment performance that occurs between payment valuation dates less a factor that represents the assumed annual net return rate. This offsets the assumed annual net return rate built into the number of Annuity Units determined above.

AUVs are calculated on a daily basis by multiplying the AUV by the daily net return factor and by a factor to reflect the daily assumed annual net return rate. The factor for a 3.5% assumed annual net return rate is 0.9999058 and for 5.0% is 0.9998663. The new payment is calculated by multiplying the number of Annuity Units by the new AUV.

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[Back to **Table of Contents**](#sai_toc)

**FINANCIAL STATEMENTS**

Included in this SAI are the financial statements of [Variable Annuity Account C of Voya Retirement Insurance and Annuity Company](https://www.sec.gov/Archives/edgar/data/103007/000162828026020230/alaoevriacvaaccountc-2025.htm) and [Voya Retirement Insurance and Annuity Company](https://www.sec.gov/ix?doc=/Archives/edgar/data/837010/000083701026000003/vriac-20251231.htm), as follows:

&nbsp;&nbsp;&nbsp;&nbsp;• Financial
 Statements of Variable Annuity Account C of Voya Retirement Insurance and Annuity Company:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Report of Independent Registered Public Accounting
Firm

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Statements
 of Assets and Liabilities as of December 31, 2025

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Statements
 of Operations for the period or year ended December 31, 2025

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Statements
 of Changes in Net Assets for the period or years ended December 31, 2025 and 2024

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes to Financial Statements

&nbsp;&nbsp;&nbsp;&nbsp;• Consolidated
 Financial Statements of Voya Retirement Insurance and Annuity Company:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Report of Independent Registered Public Accounting
Firm

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Consolidated
 Balance Sheets as of December 31, 2025 and 2024

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Consolidated
 Statements of Operations for the years ended December 31, 202 5 , 2024 and, 2023

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Consolidated
 Statements of Comprehensive Income for the years ended December 31, 2025 , 2024 and 2023

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Consolidated
 Statements of Changes in Shareholder's Equity for the years ended December 31, 2025 , 2024 and 2023

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Consolidated
 Statements of Cash Flows for the years ended December 31, 2025 , 2024 and 2023

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Notes to Consolidated Financial Statements

6 <br>

**PART C**

**OTHER INFORMATION** 

&nbsp;&nbsp;**<u>Item 27. Exhibits</u>**

(a) [Resolution establishing Variable Annuity Account C • Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 033-75986), as filed on April 22, 1996](https://www.sec.gov/Archives/edgar/data/103007/0000950146-96-000563.txt) .

(b) Not applicable

(c) (1) [Standard Form of Broker-Dealer Agreement • Incorporated by reference to Post-Effective Amendment No. 32 to Registration Statement on Form N-4 (File No. 033-81216), as filed on April 11, 2006.](https://www.sec.gov/Archives/edgar/data/103007/000010300706000026/ex99b31iliacbrokeealar.htm)

(2) [Underwriting Agreement dated November 20, 2006 between ING Life Insurance and Annuity Company and ING Financial Advisers, LLC • Incorporated by reference to Post-Effective Amendment No. 34 to Registration Statement on Form N-4 (File No. 033-75996), as filed on December 20, 2006.](https://www.sec.gov/Archives/edgar/data/103005/000010300506000048/exb32underwritingagreementil.htm)

(d) (1) [Variable Annuity Contract (A050SP96) • Incorporated by reference to Registration Statement on Form N-4 (File No. 333-09515), as filed on August 2, 1996.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-96-001269.txt)

(2) [Variable Annuity Contract (A050SP99) • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(3) [Variable Annuity Contract (SPIA(GR)99) • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(4) [Variable Annuity Contract Certificate (SPIA(GR)-99CERT) • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(5) [Endorsement SPIAE99 to Variable Annuity Contract A050SP99 • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(6) [Endorsement SPIAE-01 to Variable Annuity Contract A050SP99 • Incorporated by reference to Post-Effective Amendment No. 13 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 18, 2001.](https://www.sec.gov/Archives/edgar/data/103005/000091205701509359/a2035433zex-99_b44.txt)

(7) [Endorsement SPIAEVW99 to Variable Annuity Contract A050SP99 • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(8) [Endorsement SPIAEW99 to Variable Annuity Contract A050SP99 • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(9) [Endorsement SPIAEVPG99 to Variable Annuity Contract A050SP99 • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(10) [Endorsement SPIAEVMI-01 to Variable Annuity Contract A050SP99 • Incorporated by reference to Post-Effective Amendment No. 13 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 18, 2001.](https://www.sec.gov/Archives/edgar/data/103005/000091205701509359/a2035433zex-99_b48.txt)

(11) [Endorsement E401SP96 to Variable Annuity Contract A050SP99 • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(12) [Endorsement E403SP96 to Variable Annuity Contract A050SP99 • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(13) [Endorsement SPIA457-99 to Variable Annuity Contract A050SP99 • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(14) [Endorsement SPIAE(GR)99 to Variable Annuity Contract SPIA(GR)99 and Certificate SPIA(GR)-99CERT • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(15) [Endorsement SPIAEVW(GR)99 to Variable Annuity Contract SPIA(GR)99 and Certificate SPIA(GR)-99CERT • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(16) [Endorsement SPIAEW(GR)99 to Variable Annuity Contract SPIA(GR)99 and Certificate SPIA(GR)-99CERT • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(17) [Endorsement SPIAEVPG(GR)99 to Variable Annuity Contract SPIA(GR)99 and Certificate SPIA(GR)-99CERT • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(18) [Endorsement SPIAE401(GR)99 to Variable Annuity Contract SPIA(GR)99 and Certificate SPIA(GR)-99CERT • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(19) [Endorsement SPIAE403(GR)99 to Variable Annuity Contract SPIA(GR)99 and Certificate SPIA(GR)-99CERT • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(20) [Endorsement SPIAE457(GR)99 to Variable Annuity Contract SPIA(GR)99 and Certificate SPIA(GR)-99CERT • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(21) [Endorsement SPIAEIRA(GR)99 to Variable Annuity Contract SPIA(GR)99 and Certificate SPIA(GR)-99CERT • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(22) [Endorsement EEGTRRA-HEG(01) to Variable Annuity Contract SPIA(GR)99 and Certificate SPIA(GR)99CERT • Incorporated by reference to Post-Effective Amendment No. 22 to Registration Statement on Form N-4 (File No. 033-81216), as filed on February 15, 2002.](https://www.sec.gov/Archives/edgar/data/103007/000091205702006631/a2070206zex-99_b47.txt)

(23) [Endorsement EVNMCHG (09/14) to Contract SPIA(GR)-99, A050SP99 and Certificate SPIAGR-99CERT Company (name change) • Incorporated by reference to Post-Effective Amendment No. 18 to Registration Statement on Form N-4 (File No. 333-109622), as filed on April 16, 2015.](https://www.sec.gov/Archives/edgar/data/103007/000010300715000024/ex24b424evnmchg0914.htm)

(24) [Endorsement E-DCSECURE-20 to Contracts A050SP99 and SPIA(GR)99 • Incorporated by reference to Post-Effective Amendment No. 25 to Registration Statement on Form N-4 (File No. 333-109622), as filed on April 20, 2021.](https://www.sec.gov/Archives/edgar/data/103007/000010300721000036/ex24b424edcsecure20.htm)

(25) [Endorsement E-IRASECURE-20 to Contracts A050SP99 and SPIA(GR)99 • Incorporated by reference to Post-Effective Amendment No. 25 to Registration Statement on Form N-4 (File No. 333-109622), as filed on April 20, 2021.](https://www.sec.gov/Archives/edgar/data/103007/000010300721000036/ex24b425eirasecure20.htm)

(26) [Variable Annuity Contract Schedule A050SP99(5/09) • Incorporated by reference to Post-Effective Amendment No. 10 to Registration Statement on Form N-4 (File No. 333-109622), as filed on April 14, 2010.](https://www.sec.gov/Archives/edgar/data/103007/000010300710000037/ex24b424contractschedule.htm)

(27) [Endorsement E-DCSECURE-23 to Contracts A050SP99 and SPIA(GR)99 · Incorporated by reference to Post-Effective Amendment No. 33 to Registration Statement on Form N-4 (File No. 333-109622, as filed on April 16, 2025.](https://www.sec.gov/Archives/edgar/data/103007/000113322825003900/vfi-efp15412_ex9927d27.htm)

(28) [Endorsement E-IRASECURE-23 to Contracts A050SP99 and SPIA(GR)99 · Incorporated by reference to Post-Effective Amendment No. 33 to Registration Statement on Form N-4 (File No. 333-109622, as filed on April 16, 2025.](https://www.sec.gov/Archives/edgar/data/103007/000113322825003900/vfi-efp15412_ex9927d28.htm)

(e) (1) [Variable Annuity Contract Information Form (121665) • Incorporated by reference to Post-Effective Amendment No. 7 to Registration Statement on Form N-4 (File No. 333-09515), as filed on April 20, 1999.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-99-000874.txt)

(2) [Contract Application Form 121665 (01/09) • Incorporated by reference to Post-Effective Amendment No. 15 to Registration Statement on Form N-4 (File No. 333-109622), as filed on April 14, 2013.](https://www.sec.gov/Archives/edgar/data/103007/000010300713000038/ex24b5.3.htm)

(f) (1) [Restated Certificate of Incorporation (amended and restated as of October 1, 2007) of ING Life Insurance and Annuity Company • Incorporated by reference to ING Life Insurance and Annuity Company annual report on Form 10-K (File No. 033-23376), as filed on March 31, 2008.](https://www.sec.gov/Archives/edgar/data/837010/000103976508000124/iliacexhibit_3-1.htm)

(2) [Amended and Restated By-Laws of ING Life Insurance and Annuity Company, effective October 1, 2007 • Incorporated by reference to ING Life Insurance and Annuity Company annual report on Form 10-K (File No. 033-23376), as filed on March 31, 2008.](https://www.sec.gov/Archives/edgar/data/837010/000103976508000124/iliacexhibit_3-2.htm)

(g) Not applicable

(h) (1) [Fund Participation Agreement dated December 1, 1997 among Calvert Responsibly Invested Balanced Portfolio, Calvert Asset Management Company, Inc. and Aetna Life Insurance and Annuity Company • Incorporated by reference to Post-Effective Amendment No. 8 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 19, 1998.](https://www.sec.gov/Archives/edgar/data/103007/0000950146-98-000248.txt)

(2) [Service Agreement dated December 1, 1997 between Calvert Asset Management Company, Inc. and Aetna Life Insurance and Annuity Company • Incorporated by reference to Post-Effective Amendment No. 8 to Registration Statement on Form N-4 (File No. 333-01107), as filed on February 19, 1998.](https://www.sec.gov/Archives/edgar/data/103007/0000950146-98-000248.txt)

(3) [Rule 22c-2 Agreement dated no later than April 16, 2007 and is effective as of October 16, 2007 between Calvert Distributors, Inc., ING Life Insurance and Annuity Company, ING National Trust, ING USA Annuity and Life Insurance Company, ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York, Security Life of Denver Insurance Company and Systematized Benefits Administrators Inc. • Incorporated by reference to Post-Effective Amendment No. 50 to Registration Statement on Form N-4 (File No. 033-75962), as filed on June 15, 2007.](https://www.sec.gov/Archives/edgar/data/103007/000010300707000110/ex99b822calvert22c2.htm)

(4) [Amended and Restated Participation Agreement as of June 26, 2009 by and among ING Life Insurance and Annuity Company, Fidelity Distributors Corporation, Variable Insurance Products Fund, Variable Insurance Products Fund II, Variable Insurance Products Fund III, Variable Insurance Products Fund IV and Variable Insurance Products Fund V • Incorporated by reference to Post-Effective Amendment No. 56 to Registration Statement on Form N-4 (File No. 333-01107), as filed on December 18, 2009.](https://www.sec.gov/Archives/edgar/data/103007/000010300709000088/ex24b848fidelityvippa.htm)

(5) [Service Agreement effective as of June 1, 2002 by and between Fidelity Investments Institutional Operations Company, Inc. and ING Financial Advisers, LLC • Incorporated by reference to Post-Effective Amendment No. 33 to Registration Statement on Form N-4 (File No. 033-75988), as filed on August 5, 2004.](https://www.sec.gov/Archives/edgar/data/103007/000010300704000110/ex99b831.htm)

(6) [Rule 22c-2 Agreement dated no later than April 16, 2007 and is effective as of October 16, 2007 between Fidelity Distributors Corporation, ING Life Insurance and Annuity Company, ING National Trust, ING USA Annuity and Life Insurance Company, ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York, Security Life of Denver Insurance Company and Systematized Benefits Administrators Inc. • Incorporated by reference to Post-Effective Amendment No. 50 to Registration Statement on Form N-4 (File No. 033-75962), as filed on June 15, 2007.](https://www.sec.gov/Archives/edgar/data/103007/000010300707000110/ex99b837fidelity22c2.htm)

(7) [Amended and Restated Participation Agreement as of December 30, 2005 by and among Franklin Templeton Variable Insurance Products Trust, Franklin/Templeton Distributors, Inc., ING Life Insurance and Annuity Company, ING USA Annuity and Life Insurance Company, ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York and Directed Services, Inc. • Incorporated by reference to Post-Effective Amendment No. 17 to Registration Statement on Form N-4 (File No. 333-85618), as filed on February 1, 2007.](https://www.sec.gov/Archives/edgar/data/1027285/000083668707000030/franklintempagrmt.htm)

(8) [Rule 22c-2 Shareholder Information Agreement (Franklin Templeton Variable Insurance Products Trust) entered into as of April 16, 2007 among Franklin/Templeton Distributors, Inc., ING Life Insurance and Annuity Company, ING USA Annuity and Life Insurance Company, ReliaStar Life Insurance Company and ReliaStar Life Insurance Company of New York • Incorporated by reference to Post-Effective Amendment No. 50 to Registration Statement on Form N-4 (File No. 033-75962), as filed on June 15, 2007.](https://www.sec.gov/Archives/edgar/data/103007/000010300707000110/ex99b843franklin22c2.htm)

(9) [Fund Participation Agreement dated June 30, 1998 by and among AIM Variable Insurance Funds, Inc., A I M Distributors, Inc. and Aetna Life Insurance and Annuity Company • Incorporated by reference to Pre-Effective Amendment No. 1 to Registration Statement on Form N-4 (File No. 333-56297), as filed on August 4, 1998.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-98-001283.txt)

(10) [Service Agreement effective June 30, 1998 between Aetna Life Insurance and Annuity Company and AIM Advisors, Inc. • Incorporated by reference to Pre-Effective Amendment No. 1 to Registration Statement on Form N-4 (File No. 333-56297), as filed on August 4, 1998.](https://www.sec.gov/Archives/edgar/data/103005/0000950146-98-001283.txt)

(11) [Rule 22c-2 Agreement dated no later than April 16, 2007 and is effective as of October 16, 2007 between AIM Investment Services, Inc., ING Life Insurance and Annuity Company, ING National Trust, ING USA Annuity and Life Insurance Company, ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York, Security Life of Denver Insurance Company and Systematized Benefits Administrators Inc. • Incorporated by reference to Post-Effective Amendment No. 50 to Registration Statement on Form N-4 (File No. 033-75962), as filed on June 15, 2007.](https://www.sec.gov/Archives/edgar/data/103007/000010300707000110/ex99b87aim22c2.htm)

(12) [Fund Participation, Administrative and Shareholder Service Agreement made and entered into as of July 25, 2016 by and between Voya Retirement Insurance and Annuity Company, Voya Financial Partners, LLC and Voya Investments Distributor, LLC • Incorporated by reference to Post-Effective Amendment No. 56 to Registration Statement on Form N-4 (File No. 033-81216), as filed on February 15, 2017.](https://www.sec.gov/Archives/edgar/data/103007/000010300717000002/ex24b861admsharevriac.htm)

(13) [Rule 22c-2 Agreement dated no later than April 16, 2007 is effective October 16, 2007 between ING Funds Services, LLC, ING Life Insurance and Annuity Company, ING National Trust, ING USA Annuity and Life Insurance Company, ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York, Security Life of Denver Insurance Company and Systematized Benefits Administrators Inc. • Incorporated by reference to Post-Effective Amendment No. 50 to Registration Statement on Form N-4 (File No. 033-75962), as filed on June 15, 2007.](https://www.sec.gov/Archives/edgar/data/103007/000010300707000110/ex99b876ingfunds22c2.htm)

(14) [Fund Participation Agreement dated as of July 20, 2001 between Lord Abbett Series Fund, Inc. and Aetna Life Insurance and Annuity Company • Incorporated by reference to Post-Effective Amendment No. 27 to Registration Statement on Form N-4 (File No. 333-01107), as filed on October 26, 2001.](https://www.sec.gov/Archives/edgar/data/103007/000094937701500400/ing50248ex99-b849.txt)

(15) [Service Agreement dated as of July 20, 2001 between Lord Abbett & Co. and Aetna Life Insurance and Annuity Company • Incorporated by reference to Post-Effective Amendment No. 27 to Registration Statement on Form N-4 (File No. 333-01107), as filed on October 26, 2001.](https://www.sec.gov/Archives/edgar/data/103007/000094937701500400/ing50248ex99b-850.txt)

(16) [Rule 22c-2 Agreement effective April 16, 2007 and operational on October 16, 2007 among Lord Abbett Distributor LLC, ING Life Insurance and Annuity Company, ING National Trust, ING USA Annuity and Life Insurance Company, ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York, Security Life of Denver Insurance Company and Systematized Benefits Administrators Inc. • Incorporated by reference to Post-Effective Amendment No. 50 to Registration Statement on Form N-4 (File No. 033-75962), as filed on June 15, 2007.](https://www.sec.gov/Archives/edgar/data/103007/000010300707000110/ex99b848lordabbett22c-2.htm)

(i) Not applicable

(j) (1) [Intercompany Agreement dated December 22, 2010 (effective January 1, 2010) between ING Investment Management LLC and ING Life Insurance and Annuity Company • Incorporated by reference to Post-Effective Amendment No. 1 to Registration Statement on Form N-4 (File No. 333-167680), as filed on February 11, 2011.](https://www.sec.gov/Archives/edgar/data/103007/000010300711000004/ex24b858iliacdslica122210.htm)

(2) [Amendment No. 1 made and entered into as of December 1, 2013 to the Intercompany Agreement dated as of December 22, 2010 by and among ING Investment Management LLC and ING Life Insurance and Annuity Company • Incorporated by reference to Post-Effective Amendment No. 6 to Registration Statement on Form N-4 (File No. 333-167680), as filed on April 9, 2014.](https://www.sec.gov/Archives/edgar/data/103007/000010300714000010/ex24b34dsliliac1stamd.htm)

(3) [Amendment No. 2, effective as of September 30, 2014, to the Intercompany Agreement dated as of December 22, 2010 by and between ING Investment Management LLC (now known as Voya Investment Management LLC) and ING Life Insurance and Annuity Company (now known as "Voya Retirement Insurance and Annuity Company") • Incorporated by reference to Post-Effective Amendment No. 63 to Registration Statement on Form N-4 (File No. 033-75962), as filed on December 16, 2014](https://www.sec.gov/Archives/edgar/data/103007/000010300714000109/ex38amd2intercovim093014.htm) .

(4) [Amendment No. 4, effective March 1, 2016, to the Intercompany Agreement dated as of December 22, 2010 (effective January 1, 2010) between ING Investment Management LLC (IIM) (now known as Voya Investment Management LLC or VIM) and ING Life Insurance and Annuity Company (ILIAC) (now known as Voya Retirement Insurance and Annuity Company or VRIAC) • Incorporated by reference to Post-Effective Amendment No. 12 to Registration Statement on Form N-4 (File No. 333-167182), as filed on June 24, 2016](https://www.sec.gov/Archives/edgar/data/103005/000010300516000067/ex24b310intercovimvriac.htm) .

(5) [Amendment No. 5, effective as of May 1, 2020, to the Intercompany Agreement between Voya Investment Management LLC and Voya Retirement Insurance and Annuity Company on September 28, 2020 • Incorporated by reference herein to the Initial Registration Statement on Form N-4 (File No. 333-220690), as filed on September 28, 2020.](https://www.sec.gov/Archives/edgar/data/103005/000010300517000020/exhibit24b37.htm)

(6) [Amendment No. 6, effective as of July 1, 2020, to the Intercompany Agreement between Voya Investment Management LLC and Voya Retirement Insurance and Annuity Company on September 28, 2020 • Incorporated by reference herein to the Initial Registration Statement on Form N-4 (File No. 333-220690), as filed on September 28, 2020.](https://www.sec.gov/Archives/edgar/data/103005/000010300517000020/exhibit24b38.htm)

(k) [Opinion and Consent of Counsel](vfi-efp24068_ex9927k.htm)

(l) [Consent of Independent Registered Public Accounting Firm](vfi-efp24068_ex9927l.htm)

(m) Not applicable

(n) Not applicable

(o) [Initial Summary Prospectus](vfi-efp24068_ex9927o.htm)

(p) [Powers of Attorney](vfi-efp24068_ex9927p.htm)

**<u>Item 28. Directors and Officers of the Depositor</u><sup>\*</sup>** 

---

| | |
|:---|:---|
| Name and Principal Business Address | Positions and Offices with Depositor |
| Jay S. Kaduson, 200 Park Avenue, NY, New York 10166 | Director |
| Amelia J. Vaillancourt, One Orange Way, Windsor, CT 06095-4774 | Director and President |
| William T. Bainbridge, One Orange Way, Windsor, CT 06095-4774 | Director, Senior Vice President and Chief Financial Officer |
| Youssef A. Blal, 250 Marquette Avenue, Suite 900, Minneapolis, MN 55401 | Director |
| Neha Jha, 200 Park Avenue, New York, NY 10166 | Director |
| Andrew J. Stocker, One Orange Way, Windsor, CT 06095-4774 | Director and Senior Vice President |
| Curtis J. Heaser, 250 Marquette Avenue, Suite 900, Minneapolis, MN 55401 | Director, Senior Vice President |
| Melissa A. O'Donnell, 250 Marquette Avenue, Suite 900, Minneapolis, MN 55401 | Secretary |
| Jacques M. Longerstaey, 200 Park Avenue, NY, New York 10166 | Executive Vice President, Chief Risk Officer |
| Marino Monti, Jr., One Orange Way, Windsor, CT 06095-4774 | Chief Information Security Officer |
| Michelle P. Luk, 200 Park Avenue, New York, NY 10166 | Senior Vice President and Treasurer |
| Tony D. Oh, 5780 Powers Ferry Road, N.W., Atlanta GA 30327-4390 | Senior Vice President and Chief Accounting Officer |
| Kyle A. Puffer, One Orange Way, Windsor, CT 06095-4774 | Senior Vice President |

---

Matthew Toms, 5780 Powers Ferry Road, N.W., Atlanta, GA 30327-4390 Senior Vice President <br> Brian J. Baranowski, One Orange Way, Windsor, CT 06095-4774 Vice President and Chief Compliance Officer <br> Tingting Xiao, One Orange Way, Windsor, CT 06095-4774 Vice President and Appointed Actuary

<sup>\*</sup> These individuals may also be directors and/or officers of other affiliates of the Company.

**<u>Item 29. Persons Controlled by or Under Common Control with the Depositor or Registrant</u>**

**Voya Financial, Inc.**

**HOLDING COMPANY SYSTEM**

*12-31-2025*

Voya Financial, Inc. (1000)

Non-Insurer (Delaware) FEIN: 52-1222820 \| NAIC Group Code: 4832

OneAmerica Retirement Services LLC (5210)

Non-Insurer (Indiana) FEIN: 46-5378846

OneAmerica Investment Advisory Services LLC (5220)

Non-Insurer (Indiana) FEIN: 81-3920167

Benefitfocus, Inc. (5000)

Non-Insurer (Delaware) FEIN: 46-2346314

Benefitfocus.com, Inc. (5100)

Non-Insurer (South Carolina) FEIN: 57-1099948

BenefitStore, LLC (5120)

Non-Insurer (South Carolina) FEIN: 27-3519176

Tango Health, Inc. (5110)

Non-Insurer (Delaware) FEIN: 26-2060323

Pen-Cal Administrators, Inc. (4050)

Non-Insurer (California) FEIN: 94-2695108

Voya Nonqualified Plan Pay Services, LLC (1998)

Non-Insurer (Delaware) FEIN: 39-2624681

Voya Services Company (4000)

Non-Insurer (Delaware) FEIN: 52-1317217

Voya Payroll Management, Inc. (4100)

Non-Insurer (Delaware) FEIN: 52-2197204

Security Life Assignment Corporation (n/a)

Non-Insurer (Colorado) FEIN: 84-1437826

Voya Special Investments, Inc. (\*a) (4550)

Non-Insurer (Delaware) FEIN: 85-1775946

Voya Global Services Private Limited (\*b) (5310)

Non-Insurer (India)

VFI India Holdings LLC (5300)

Non-Insurer (Delaware) FEIN: 93-1766128

Voya Holdings Inc. (1050)

Non-Insurer (Connecticut) FEIN: 02-0488491

Voya Benefits Company, LLC (2050)

Non-Insurer (Delaware) FEIN: 83-0965809

Benefit Strategies, LLC (2060)

Non-Insurer (New Hampshire) FEIN: 26-0003294

Voya Financial Advisors, Inc. (2200)

Non-Insurer (Minnesota) FEIN: 41-0945505

VIM Holdings LLC (\*c) (2261)

Non-Insurer (Delaware) FEIN: 88-3236443

Voya Investment Management LLC (2250 Class A / 2251 Class B)

Non-Insurer (Delaware) FEIN: 58-2361003

Voya Investment Management Co. LLC (3050 Class A / 3051 Class B)

Non-Insurer (Delaware) FEIN: 06-0888148

Voya Investment Trust Co. (3150)

Non-Insurer (Connecticut) FEIN: 06-1440627

Voya Investment Management (UK) Limited (3200 Class A / 3201 Class B)

Non-Insurer (United Kingdom)

Voya Investment Management Alternative Assets LLC (2550 Class A / 2551 Class B)

Non-Insurer (Delaware) FEIN: 13-4038444

Voya Alternative Asset Management Ireland Limited (2700)

Non-Insurer (Ireland)

Voya Alternative Asset Management LLC (2600 Class A / 2601 Class B)

Non-Insurer (Delaware) FEIN: 13-3863170

Voya Realty Group LLC (2650)

Non-Insurer (Delaware) FEIN: 13-4003969

VAAM (Cayman) Ltd. (2760)

Non-Insurer (Cayman Islands)

Voya Pomona Holdings LLC (3000)

Non-Insurer (Delaware) FEIN: 13-4152011

Pomona G.P. Holdings LLC (\*d) (2750 Class A / 2751 Class B)

Non-Insurer (Delaware) FEIN: 13-4150600

Pomona Management LLC (2800 Class A / 2801 Class B)

Non-Insurer (Delaware) FEIN: 13-4149700

Voya Capital, LLC (2300)

Non-Insurer (Delaware) FEIN: 86-1020892

Voya Funds Services, LLC (2350)

Non-Insurer (Delaware) FEIN: 86-1020893

Voya Investments Distributor, LLC (2450)

Non-Insurer (Delaware) FEIN: 03-0485744

Voya Investments, LLC (2400)

Non-Insurer (Arizona) FEIN: 03-0402099

Oconee Real Estate Holdings IV – ARB LLC (\*e)

Non-Insurer (Delaware) FEIN: 93-3381941

Oconee Real Estate Holdings V – CASC LLC (\*f)

Non-Insurer (Delaware) FEIN: 93-4060472

Oconee Real Estate Holdings VI – GREEN LLC (\*g)

Non-Insurer (Delaware) FEIN: 93-4037989

Oconee Real Estate Holdings VII – CANOPY LLC (\*h)

Non-Insurer (Delaware) FEIN: 99-0609295

Oconee Real Estate Holdings X – OASIS LLC (\*i)

Non-Insurer (Delaware) FEIN: 99-2189275

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Oconee Real Estate Holdings XI – MARKET CENTER LLC (\*j)

Non-Insurer (Delaware) FEIN: 99-3439272

Oconee Real Estate Holdings XII – RIVERSIDE LLC (\*k)

Non-Insurer (Delaware) FEIN: 99-3455416

Oconee Real Estate Holdings XIV – FAIRVIEW LLC (\*l)

Non-Insurer (Delaware) FEIN: 99-2177246

Oconee Real Estate Holdings XV – SPANISH COVE LLC (\*m)

Non-Insurer (Delaware) FEIN: 39-4119163

Oconee Real Estate Holdings XVII – CROSSINGS LLC (\*n)

Non-Insurer (Delaware) FEIN: 33-4830625

Oconee Real Estate Holdings XVIII – HOUSTON LLC (\*o)

Non-Insurer (Delaware) FEIN: 99-2177246

VIM SLP Holdings Inc. (2270)

Non-Insurer (Delaware) FEIN: 33-2337236

VIM SLP Holdings LLC (2280)

Non-Insurer (Delaware) FEIN: 33-2315739

Voya Retirement Insurance and Annuity Company (1350)

Insurer (Connecticut) FEIN: 71-0294708 \| NAIC 86509

Voya Financial Partners, LLC (1400)

Non-Insurer (Delaware) FEIN: 06-1375177

Voya Institutional Plan Services, LLC (1500)

Non-Insurer (Delaware) FEIN: 04-3516284

Voya Retirement Advisors, LLC (1550)

Non-Insurer (Delaware) FEIN: 22-1862786

Voya Institutional Trust Company (2100)

Non-Insurer (Connecticut) FEIN: 46-5416028

ReliaStar Life Insurance Company (1150)

Insurer (Minnesota) FEIN: 41-0451140 \| NAIC: 67105

ReliaStar Life Insurance Company of New York (1250)

Insurer (New York) FEIN: 53-0242530 \| NAIC: 61360

Voya Insurance Solutions, LLC (1650)

Non-Insurer (Connecticut) FEIN: 02-0488491

Voya Custom Investments LLC (3650)

Non-Insurer (Delaware) FEIN: 02-0488491

See footnotes on next page.

\*a – Voya Special Investments, Inc. owned 0.2% by Voya Financial, Inc., 49.9% by Voya Retirement Insurance and Annuity Company and 49.9% by ReliaStar Life Insurance Company.

\*b – Voya Global Services Private Limited is owned 99% by Voya Financial, Inc. and 1% by VFI India Holdings LLC.

\*c – Voya Holdings Inc. holds a 76% economic stake, and a Non-Affiliate Member holds a 24% economic stake in VIM Holdings LLC's class A shares and Voya Holdings Inc also holds a 100% economic stake in VIM Holdings LLC's class B shares.

\*d – Pomona G.P. Holdings LLC owned 50% by Voya Pomona Holdings LLC and 50% by Third Party Shareholders.

\*e – Oconee Real Estate Holdings IV-ARB LLC owned 33% by Voya Retirement Insurance and Annuity Company, owned 16% by ReliaStar Life Insurance Company and owned 51% by non-Affiliate members.

\*f – Oconee Real Estate Holdings V-CASC LLC owned 44.8% by Voya Retirement Insurance and Annuity Company and owned 55.2% by non-Affiliate members.

\*g – Oconee Real Estate Holdings VI-GREEN LLC owned 38.5% by Voya Retirement Insurance and Annuity Company, owned 12.5% by ReliaStar Life Insurance Company and owned 49% by non-Affiliate members.

\*h – Oconee Real Estate Holdings VII-CANOPY LLC owned 10.13% by Voya Retirement Insurance and Annuity Company and 89.87% by Non-Affiliate members.

\*i – Oconee Real Estate Holdings X – OASIS LLC owned 100% by Voya Commercial Mortgage Originator, LLC.

\*j – Oconee Real Estate Holdings XI – MARKET CENTER LLC owned 100% by Voya Commercial Mortgage Originator, LLC.

\*k– Oconee Real Estate Holdings XII – RIVERSIDE LLC owned 22.31% by Voya Retirement Insurance and Annuity Company, owned 3.08% by ReliaStar Life Insurance Company and owned 74.61% by non-Affiliate members.

\*l – Oconee Real Estate Holdings XIV – FAIRVIEW LLC owned 100% by Voya Commercial Mortgage Originator, LLC.

\*m – Oconee Real Estate Holdings XV – SPANISH COVE LLC owned 100% by Voya Commercial Mortgage Originator, LLC.

\*n– Oconee Real Estate Holdings XVII – CROSSINGS LLC owned 10% by Voya Retirement Insurance and Annuity Company and 90% by non—Affiliate members.

\*o – Oconee Real Estate Holdings XVIII – HOUSTON LLC owned 100% by Voya Commercial Mortgage Originator, LLC.

**<u>Item 30. Indemnification</u>**

Section 33-779 of the Connecticut General Statutes ("CGS") provides that a corporation may provide indemnification of or advance expenses to a director, officer, employee or agent only as permitted by Sections 33-770 to 33-778, inclusive, of the CGS. Reference is hereby made to Section 33-771(e) of the CGS regarding indemnification of directors and Section 33-776(d) of CGS regarding indemnification of officers, employees and agents of Connecticut corporations. These statutes provide in general that Connecticut corporations incorporated prior to January 1, 1997 shall, except to the extent that their certificate of incorporation expressly provides otherwise, indemnify their directors, officers, employees and agents against "liability" (defined as the obligation to pay a judgment, settlement, penalty, fine, including an excise tax assessed with respect to an employee benefit plan, or reasonable expenses incurred with respect to a proceeding) when (1) a determination is made pursuant to Section 33-775 that the party seeking indemnification has met the standard of conduct set forth in Section 33-771 or (2) a court has determined that indemnification is appropriate pursuant to Section 33-77d. Under Section 33-775, the determination of and the authorization for indemnification are made (a) by two or more disinterested directors, as defined in Section 33-770(2); (b) by special legal counsel; (c) by the shareholders; or (d) in the case of indemnification of an officer, agent or employee of the corporation, by the general counsel of the corporation or such other officer(s) as the board of directors may specify. Also, Section 33-772 with Section 33-776 provide that a corporation shall indemnify an individual who was wholly successful on the merits or otherwise against reasonable expenses incurred by him in connection with a proceeding to which he was a party because he is or was a director, officer, employee, or agent of the corporation. Pursuant to Section 33-771(d), in the case of a proceeding by or in the right of the corporation or with respect to conduct for which the director, officer, agent or employee was adjudged liable on the basis that he received a financial benefit to which he was not entitled, indemnification is limited to reasonable expenses incurred in connection with the proceeding against the corporation to which the individual was named a party.

A corporation may procure indemnification insurance on behalf of an individual who is or was a director of the corporation. Consistent with the laws of the State of Connecticut, Voya Financial, Inc. maintains Directors and Officers Liability, Professional Liability (aka E&O) and Financial Institutions Bond (aka Fidelity), Employment Practices liability and Network Security (aka Cyber) insurance policies. The policies cover Voya Financial, Inc. and any company in which Voya Financial, Inc. has a controlling financial interest of 50% or more. The policies cover the funds and assets of the principal underwriter/depositor under the care, custody, and control of Voya Financial, Inc. and/or its subsidiaries.

**<u>Item 31. Principal Underwriter</u>**

&nbsp;&nbsp;&nbsp;&nbsp;(a) In addition to serving as the principal underwriter for the Registrant, Voya Financial Partners, LLC acts
as the principal underwriter for Variable Life Account B of Voya Retirement Insurance and Annuity Company (VRIAC), Variable Annuity Account
C of VRIAC, Variable Annuity Account I of VRIAC and Variable Annuity Account G of VRIAC (separate accounts of VRIAC registered as unit
investment trusts under the 1940 Act). Voya Financial Partners, LLC is also the principal underwriter for (i) Separate Account N of ReliaStar
Life Insurance Company (RLIC) (a separate account of RLIC registered as a unit investment trust under the 1940 Act), (ii) ReliaStar Select
Variable Account of ReliaStar Life Insurance Company (a separate account of RLIC registered as a unit investment trust under the 1940
Act), (iii) MFS ReliaStar Variable Account (a separate account of RLIC registered as a unit investment trust under the 1940 Act), (iv)
Northstar Variable Account (a separate account of RLIC registered as a unit investment trust under the 1940 Act), (v) ReliaStar Life Insurance
Company of New York Variable Annuity Funds D, E, F, G, H and I (a management investment company registered under the 1940 Act), (vi) ReliaStar
Life Insurance Company of New York Variable Annuity Funds M, P and Q (a management investment company registered under the1940 Act), and
(viii) ReliaStar Life Insurance Company of New York Variable Annuity Funds M and P (a management investment company registered under the1940
Act).

&nbsp;&nbsp;&nbsp;&nbsp;(b) The following are the directors and officers of the Principal Underwriter:

---

| | |
|:---|:---|
| Name and Principal Business Address | Positions and Offices with Underwriter |
| William P. Elmslie, One Orange Way, Windsor, CT 06095-4774 | Director and Managing Director |
| Jonathan F. Reilly, One Orange Way, Windsor, CT, 06095-4774 | Director |
| Stephen J. Easton, One Orange Way, Windsor, CT 06095-4774 | Chief Compliance Officer |
| Frederick H. Bohn, One Orange Way, Windsor, CT 06095-4774 | Chief Financial Officer |
| Jacques M. Longerstaey, 200 Park Avenue, New York, NY 10166 | Executive Vice President, Chief Risk Officer |
| Michelle P. Luk, 200 Park Avenue, New York, NY 10166 | Senior Vice President and Treasurer |
| Melissa A. O'Donnell, 250 Marquette Avenue, Suite 900, Minneapolis, MN 55401 | Secretary |
| Marino Monti, Jr., One Orange Way, Windsor, CT 06095-4774 | Chief Information Security Officer |

---

---

| | |
|:---|:---|
| M. Bishop Bastien, One Orange Way, Windsor, CT 06095-4774 | Vice President |
| Philip A. Capodice, 5780 Powers Ferry Road, N.W., Atlanta, GA 30327-4390 | Vice President and Assistant Treasurer |
| John (Teddy) T. Cordes, 5780 Powers Ferry Road, N.W., Atlanta, GA 30327-4390 | Vice President and Assistant Treasurer |
| Gavin T. Gruenberg, One Orange Way, Windsor, CT 06095-4774 | Vice President |
| Mark E. Jackowitz, 22 Century Hill Drive, Suite 101, Latham, NY 12110 | Vice President |
| Andrew M. Kallenberg, 5780 Powers Ferry Road, N.W., Atlanta, GA 30327-4390 | Vice President, Corporate Tax |
| David J. Linney, 2925 Richmond Avenue, Suite 1200, Houston, TX 77098 | Vice President |
| Laurie A. Lombardo, One Orange Way, Windsor, CT 06095-4774 | Vice President |
| Benjamin W. Moy, One Orange Way, Windsor, CT 06095-4774 | Vice President |
| Gregory K. Springfield, One Orange Way, Windsor CT 06095-4774 | Vice President |
| Tina M. Schultz, 250 Marquette Avenue, Suite 900, Minneapolis, MN 55401 | Assistant Secretary |
| Devan P. Butler, 5780 Powers Ferry Road, N.W., Atlanta, GA 30327-4390 | Tax Officer |
| Bill Kladis, 5780 Powers Ferry Road, N.W., Atlanta, GA 30327-4390 | Tax Officer |

---

&nbsp;&nbsp;&nbsp;&nbsp;(c) Compensation to Principal Underwriter during last fiscal year:

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;(1) | &nbsp;&nbsp;(2) | &nbsp;&nbsp;(3) | &nbsp;&nbsp;(4) | &nbsp;&nbsp;(5) |
| &nbsp;&nbsp; Name of<br> Principal <br> <u>Underwriter</u> | &nbsp;&nbsp;Net Underwriting<br> Discounts and <br><u>Commissions</u> | &nbsp;&nbsp;Compensation on<br> Redemption <br><u>or Annuitization</u> | &nbsp;&nbsp; <br> Brokerage <br><u>Commissions</u> | &nbsp;&nbsp; <br> Other<br> <u>Compensation<sup>\*</sup></u> |
| &nbsp;&nbsp;Voya Financial Partners, LLC |  |  |  | &nbsp;&nbsp; $67209367.36<br>|

---

<sup>\*</sup> Reflects compensation paid to Voya Financial Partners, LLC attributable to regulatory and operating expenses associated with the distribution of all registered variable annuity products issued by Variable Annuity Account C of Voya Retirement Insurance and Annuity Company during 2025.

**<u>Item 32. Location of Accounts and Records</u>**

All accounts, books and other documents required to be maintained by Section 31(a) of the 1940 Act and the rules under it, on behalf of Registrant, is provided in our most recent report filed on Form N-CEN.

**<u>Item 33. Management Services</u>**

Not applicable

**<u>Item 34. Fee Representation</u>**

The Company hereby represents that with respect to plans established pursuant to Section 403(b) of the Internal Revenue Code of 1986, as amended, that are subject to the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), it is relying on and complies with the terms of the SEC Staff's No-Action Letter dated August 30, 2012, with respect to participant acknowledgement of and language concerning withdrawal restrictions applicable to such plans. See ING Life Insurance and Annuity Company; S.E.C. No-Action Letter, 2012 WL 3862169, August 30, 2012.

Except in relation to 403(b) plans subject to ERISA, the Company hereby represents that it is relying on and complies with the provisions of Paragraphs (1) through (4) of the SEC Staff's No-Action Letter dated November 28, 1988, with respect to language concerning withdrawal restrictions applicable to plans established pursuant to Section 403(b) of the Internal Revenue Code of 1986, as amended. See American Council of Life Insurance; S.E.C. No-Action Letter, 1988 WL 1235221, November 28, 1988.

With respect to the variable investment options, Voya Retirement Insurance and Annuity Company represents that the fees and charges deducted under the contracts covered by this registration statement, in the aggregate, are reasonable in relation to the services rendered, the expenses expected to be incurred, and the risks assumed by Voya Retirement Insurance and Annuity Company.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this registration statement under Rule 485(b) under the Securities Act and has duly caused this Post-Effective Amendment to be signed on its behalf by the undersigned, thereunto duly authorized, in the Town of Windsor, State of Connecticut, on the 17<sup>th</sup> day of April, 2026.

---

| | |
|:---|:---|
| &nbsp;&nbsp; VARIABLE ANNUITY ACCOUNT C OF<br> VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY | &nbsp;&nbsp; VARIABLE ANNUITY ACCOUNT C OF<br> VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *(Registrant)* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *(Registrant)* |
|  | &nbsp;&nbsp; /s/ Amelia J. Vaillancourt |
|  | &nbsp;&nbsp; Amelia J. Vaillancourt<br> President<br> (Principal Executive Officer) |
| &nbsp;&nbsp;VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY | &nbsp;&nbsp;VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY |
| &nbsp;&nbsp;*(Insurance Company)* | &nbsp;&nbsp;*(Insurance Company)* |
|  | &nbsp;&nbsp; /s/ Amelia J. Vaillancourt |
|  | &nbsp;&nbsp; Amelia J. Vaillancourt<br> President<br> (Principal Executive Officer) |

---

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| Signature | &nbsp;&nbsp;&nbsp;Title | &nbsp;&nbsp;Date |
| Amelia J. Vaillancourt<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Director and President |  |
| Amelia J. Vaillancourt | &nbsp;&nbsp;&nbsp;(Principal Executive Officer) |  |
| Tony D. Oh<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Senior Vice President and Chief Accounting Officer |  |
| Tony D. Oh | &nbsp;&nbsp;&nbsp;(Chief Accounting Officer) |  |
| William T. Bainbridge<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Director, Senior Vice President and Chief Financial Officer |  |
| William T. Bainbridge | &nbsp;&nbsp;&nbsp;(Chief Financial Officer) |  |
|  |  | &nbsp;&nbsp;April 17, 2026 |
| Curtis J. Heaser<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Director and Senior Vice President |  |
| Curtis J. Heaser |  |  |
| Andrew J. Stocker<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Director and Senior Vice President |  |
| Andrew J. Stocker |  |  |
| Youssef A. Blal<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Director |  |
| Youssef A. Blal |  |  |
| Jay S. Kaduson<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Director |  |
| Jay S. Kaduson |  |  |
| Neha Jha<sup>\*</sup> | &nbsp;&nbsp;&nbsp;Director |  |
| Neha Jha |  |  |

---

---

| | |
|:---|:---|
| By: | /s/ Tamara Saverine |
|  | Tamara Saverine |
|  | <sup>\*</sup>Attorney-in-Fact |

---

<sup>\*</sup> Executed by Tamara Saverine on behalf of those indicated pursuant to Powers of Attorney filed as an exhibit to this Registration Statement.

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| Exhibit No. | Exhibit |
| 27(k) | [Opinion and Consent of Counsel](vfi-efp24068_ex9927k.htm) |
| 27(l) | [Consent of Independent Registered Public Accounting Firm](vfi-efp24068_ex9927l.htm) |
| 27(o) | [Initial Summary Prospectus](vfi-efp24068_ex9927o.htm) |
| 27(p) | [Powers of Attorney](vfi-efp24068_ex9927p.htm) |

---

## Exhibit 99.27

Exhibit 27(k): Opinion and Consent of Counsel

VOYA LETTERHEAD

LAW & COMPLIANCE/PRODUCT FILING UNIT

ONE ORANGE WAY

WINDSOR, CT 06094-4774

TAMARA SAVERINE

VICE PRESIDENT, CHIEF COUNSEL

PHONE: (212) 309-8286 \| EMAIL: TAMARASAVERINE@VOYA.COM

April 17, 2026

Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

---

| | |
|:---|:---|
| **Re:** | &nbsp;&nbsp; **Voya Retirement Insurance and Annuity Company and its Variable Annuity Account C**<br> **Post-Effective Amendment No. 34 to Registration Statement on Form N-4**<br> **Prospectus Title: Voya Flexible Income**<br> **File Nos.: 333-109622 and 811-02513** |

---

Ladies and Gentlemen:

The undersigned serves as counsel to Voya Retirement Insurance and Annuity Company (the "Company"), a Connecticut life insurance company. It is my understanding that the Company, as depositor, has registered an indefinite amount of securities under the Securities Act of 1933 as provided in Rule 24f-2 under the Investment Company Act of 1940.

In connection with this opinion, I have reviewed the Post-Effective Amendment to the above-referenced Registration Statement on Form N-4. This filing describes the Voya Flexible Income Annuity Contract (the "Contract") offered by the Company through its Variable Annuity Account C (the "Account"). I have also examined, or supervised the examination of, originals or copies, certified or otherwise identified to my satisfaction, of such documents, trust records and other instruments I have deemed necessary or appropriate for the purpose of rendering this opinion. For purposes of such examination, I have assumed the genuineness of all signatures on original documents and the conformity to the original of all copies. On the basis of this examination, it is my opinion that:

1. The Company is a corporation duly organized and validly existing under the laws of the State of Connecticut.

2. The Account is a separate account of the Company duly created and validly existing pursuant to the laws of the State of Connecticut.

3. The Contract and the interests in the Account to be issued under the Contract have been duly authorized by the Company.

---

| | |
|:---|:---|
| **PLAN \| INVEST \| PROTECT** | Voya Logo |

---

4. The assets of the Account will be owned by the Company. Under Connecticut law and the provisions of the Contract, the income, gains and losses, whether or not realized from assets allocated to the Account, must be credited to or charged against such Account, without regard to other income, gains or losses of the Company.

5. The Contract provides that assets of the Account may not be charged with liabilities arising out of any other business the Company conducts, except to the extent that assets of the Account exceed its liabilities arising under the Contract.

6. The Contract and the interests in the Account, when issued and delivered in accordance with the Prospectus constituting a part of the Registration Statement and in compliance with applicable local law, will be validly issued and binding obligations of the Company in accordance with their respective terms.

I consent to the filing of this opinion as an exhibit to the Registration Statement.

Sincerely,

---

| |
|:---|
| /s/ Tamara Saverine |
| Tamara Saverine |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;**PLAN \| INVEST \| PROTECT** | &nbsp;&nbsp;Voya Logo |

---

## Exhibit 99.27

**Exhibit 27(l) – Consent of Independent Registered Public Accounting Firm**

We consent to the references to our firm under the caption "Experts" in the Statement of Additional Information, dated May 1, 2026, and included in this Post-Effective Amendment No. 34 to the Registration Statement Form N-4, File No. 333-109622 of Variable Annuity Account C of Voya Retirement Insurance and Annuity Company (the "Registration Statement").

We also consent to the use of our reports (1) dated March 6, 2026, with respect to the consolidated financial statements and supplemental schedules of Voya Retirement Insurance and Annuity Company and (2) dated March 20, 2026, with respect to the financial statements of each of the subaccounts within Variable Annuity Account C of Voya Retirement Insurance and Annuity Company, for the year ended December 31, 2025, included in this Registration Statement, filed with the Securities and Exchange Commission.

/s/ Ernst & Young LLP

Atlanta, GA

April 17, 2026

## Exhibit 99.27

**Exhibit 27(o)**

**VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY**

**VOYA FLEXIBLE INCOME ANNUITY**

**A FIXED OR VARIBLE, GROUP AND/OR INDIVIDUAL** 

**IMMEDIATE ANNUITY CONTRACT**

**(THE "CONTRACT" OR "CONTRACTS")**

issued to

**Plans Established by Eligible Organizations With a Traditional Individual Retirement Annuity ("IRA")**

**Under Tax Code Section 408(b) Or With Retirement Plans** 

**Under Tax Code Sections 401, 403(b) or 457**

**SUMMARY PROSPECTUS FOR NEW INVESTORS**

**May 1, 2026**

____________________________________________________________________________

This summary Prospectus summarizes key features of the Contract.

 

The Contract is a complex investment and involves risks, including potential loss of principal. The Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Withdrawals could result in surrender charges, taxes, and tax penalties. Before you participate in the Contract through your retirement plan, you should also review the full prospectus for the Contract (the "full Contract prospectus"). It contains more information about the Contract's features, benefits, and risks. You can find this document and other information about the contract online <u>athttps://vpx.broadridge.com/getcontract1.asp?doctype=pros&dtype=isp&cid=voyavpx&fid=92912K323</u>. You can also obtain this information at no cost by calling 1-800-584-6001 or by sending an email request to <u>ProspectusRequests@voya.com</u>.

Our obligations under the Contract are subject to our financial strength and claims-paying ability.

___________________________________________________________________________

**An Investor may cancel the Contract within 10 days of receiving it**

**without paying fees or penalties.**

Upon cancellation, you will receive a full refund of the amount you paid with your application, plus any earnings or less any losses attributable to amounts invested in the Variable Investment Options. You should review this summary Prospectus, or consult with your investment professional, for additional information about the specific cancellation terms that apply.

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 U.S. Securities and Exchange Commission (the "SEC") has not approved or disapproved this Contract or passed upon the adequacy of this summary Prospectus. Any representation to the contrary is a criminal offense.**

ISP.109622-26

**TABLE OF CONTENTS** 

---

| | |
|:---|:---|
| **SPECIAL TERMS USED IN THIS SUMMARY PROSPECTUS** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3** |
| **OVERVIEW OF THE CONTRACT** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Purpose* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*The Variable Investment Options* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*The Fixed Income Payments* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Contract Features* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Benefits Available Under the Contract* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 |
| **IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7** |
| **BUYING THE CONTRACT** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Purchasing the Contract* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Participating in the Contract* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Age Requirements* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Allocation of Purchase Payments to the Investment Options* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Tax Code Restrictions* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*When Purchase Payments Are Credited* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11 |
| **MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR CONTRACT** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Withdrawals of Variable Income Payments* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Withdrawals of Fixed Income Payments* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Withdrawal Value* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Early Withdrawal Charge* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Reduction of Remaining Payments* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13 |
| **ADDITIONAL INFORMATION ABOUT FEES** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Transaction Expenses* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Annual Contract Expenses* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Annual Fund Expenses* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Examples* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 |
| **APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17** |
| **HOW TO GET MORE INFORMATION** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25** |

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ISP.109622-26 2

**SPECIAL TERMS USED IN THIS SUMMARY PROSPECTUS**

*The following are some of the important terms used throughout this summary Prospectus that have special meaning. There are other capitalized terms that are explained or defined in other parts of this summary Prospectus.*

**Account Value:** The current dollar value of amounts allocated to the Subaccounts of Variable Annuity Account C, which includes investment performance and fees deducted from the Subaccounts.

**Annuity Unit:** A unit of measurement that represents the time accumulated during an annuity Contract.

**Annuity Unit Value:** The value of each Annuity Unit in a Subaccount.

**Beneficiary (or Beneficiaries):** The person designated to receive the death benefit payable under the Contract.

**Contract or Contracts:** The group or individual deferred fixed and variable annuity Contract offered by your Plan Sponsor as a funding vehicle for your retirement plan.

**Contract Holder:** The person to whom we issue the Contract. Generally, the Plan Sponsor or a trust.

**Customer Service:** The location from which we service the Contracts. The mailing address and telephone number of Customer Service is Payout Services, One Orange Way, Windsor, CT 06095-4774, 1-800-584-6001.

**Fund(s):** The underlying mutual Funds in which the Subaccounts invest.

**General Account:** The account that contains all of our assets other than those held in Variable Annuity Account C or one of our other separate accounts.

**Good Order:** Generally, a request is considered to be in "Good Order" when it is signed, dated and made with such clarity and completeness that we are not required to exercise any discretion in carrying it out. We can only act upon written requests that are received in Good Order.

**Immediate Annuity:** The Investor receives a guaranteed income within one year from the date of a single premium purchase.

**Income Phase:** The period during which you receive payments from your Contract.

**Investor (also "you" or "participant"):** The individual who participates in the Contract through a retirement plan.

**Plan Sponsor:** The sponsor of your retirement plan. Generally, your employer.

**Purchase Payment:** Collectively, the initial purchase payment and any additional purchase payment.

**Subaccount:** Division(s) of Variable Annuity Account C that are investment options under the Contract. Each Subaccount invests in a corresponding underlying mutual Fund.

**Tax Code:** The Internal Revenue Code of 1986, as amended.

**VRIAC, the Company, we, us and our:** Voya Retirement Insurance and Annuity Company, a stock company domiciled in Connecticut, that issues the Contract described in this summary Prospectus.

**Variable Annuity Account C, the Separate Account:** Voya Variable Annuity Account C, a segregated asset account established by us to fund the variable benefits provided by the Contract. The Variable Annuity Account C is registered as a unit investment trust under the Investment Company Act of 1940, as amended, and it also meets the definition of "separate account" under the federal securities laws.

**Variable Investment Options:** The Subaccounts of Variable Annuity Account C. Each one invests in a specific mutual Fund.

ISP.109622-26 3

**OVERVIEW OF THE CONTRACT**

*This summary provides a brief overview of the more significant aspects of the Contract. Further detail is provided in this summary Prospectus, the Contract and the summary or full prospectuses for the Funds being considered. We urge you to read the entire summary Prospectus as it describes all material features and benefits of the Contract and your rights and limitations thereunder. It also sets forth information you should know before making the decision to participate in the Contract through your retirement plan. Certain features and benefits may vary depending on the state in which your Contract is issued.*

*Certain features and benefits may vary depending on the state in which your Contract is issued, and any such material state variations are disclosed in the discussion of the features and benefits in the Prospectus. Variations in contract benefits or features described in this Prospectus may be imposed without our knowledge by some financial institutions or broker-dealers through which the Contract was sold. For example, your financial professional may not recommend a particular Portfolio or contract benefit to you or your plan. Because of the breadth of our distribution network, our agreements with our distribution partners and the fact that the Contract is an older legacy annuity product that has not been offered for sale for a significant period of time, we cannot obtain pertinent information regarding such variations without unreasonable effort and expense. If you have any questions about any limitations, restrictions, or other variations related to the Portfolios, contract benefits or other contract features available to you, please reach out to your financial institution or broker-dealer.*

**Purpose**

The Contract described in this Prospectus is a fixed or variable, group and/or individual immediate annuity contract. An immediate annuity means the Investor receives a guaranteed income within one year from the date of a single premium purchase (see "**Immediate Annuity**" in the **SPECIAL TERMS USED IN THIS SUMMARY PROSPECTUS)**. It is designed for individuals who would like regular Income Payments from an annuity Contract. It is intended to be used as a funding vehicle for certain types of retirement plans and to qualify for beneficial tax treatment and/or to provide current income reduction under Tax Code Sections 401(a), 401(k), 403(b) and 457. It is a long-term investment and is typically most useful as part of a personal retirement plan. It is not designed for short-term investing and is not appropriate for an Investor who needs ready access to cash. See **Long Term Investment** under "**CONTRACT PURCHASE AND PARTICIPATION - *Factors to Consider in the Purchase Decision****"* **in the full Contract prospectus.** The Contract may be issued as either a nonqualified contract, or as a qualified contract for use with a traditional Individual Retirement Annuity ("IRA") under Section 408(b). Contracts sold in New York are not available for 457 plans.

The Contract is available as an internal exchange from certain existing annuity contracts issued by the Company or certain of its affiliates, and to any participants in a retirement plan where the Plan Sponsor has purchased a group master Contract (whether or not connected with an internal exchange). We may also issue contracts directly without a relationship to an existing Company Contract or a retirement plan. When considering whether to purchase or participate in the Contract, you should consider your financial goals, investment time horizon and risk tolerance.

**The Variable Investment Options**

The Variable Investment Options are Subaccounts within the Separate Account. Each Subaccount invests its assets directly in shares of a corresponding underlying Fund, and each Fund has its own distinct investment objectives, fees and expenses and investment advisers. Earnings on amounts invested in a Subaccount will vary depending upon the performance and fees of the corresponding underlying Fund. You do not invest directly in or hold shares of the Funds. **Additional information about each underlying fund is set forth in an appendix to this summary Prospectus. See "APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT."**

There is no guarantee that your Account Value will increase. Depending upon the investment experience of each Fund in which a Subaccount invests, your Account Value may increase or decrease daily. You bear the investment risk for the Funds in which the Subaccounts invest; you will benefit from favorable investment experience but also bear the risk of poor investment performance.

ISP.109622-26 4

**The Fixed Income Payments**

If you select Fixed Income Payments, the amount of your Fixed Income Payment will not vary. Except as specifically mentioned, the Prospectus describes only the variable Incomes Options. **See "APPENDIX B: FIXED DOLLAR OPTION" in the full Contract prospectus.**

**Contract Features**

**Death Benefit**. A Beneficiary may receive a death benefit in the event of your death from any Guaranteed Income payments. **See the "*Benefits Available Under the Contract*" below.**

**Withdrawals**. Some Income Payment options allow you to withdraw a portion or all of any remaining guaranteed payments. An Early withdrawal charge may apply. **See "WITHDRAWALS" in the full Contract prospectus.**

**Taxation.** Taxes will generally be due when you receive a distribution. Tax penalties may apply in some circumstances. **See "FEDERAL Tax Considerations" in the full Contract prospectus.**

**Benefits Available Under the Contract**

The following table summarizes information about the benefits available under the Contract:

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Is Benefit Standard or Optional** | **Maximum Fee** | **Brief Description of Restrictions/Limitations** |
| **Account Value Death Benefit** | Pays a death benefit applicable to variable Income Payments. | Standard | No additional fee for this death benefit. | If your Contract is issued under any of the following Income Payment options, a death benefit may be payable to any surviving joint annuitants:<br> · Life Income - Guaranteed Payments;<br> · Life Income - Two Lives - Guaranteed Payments; or<br> · Nonlifetime - Guaranteed Payments. |

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ISP.109622-26 5

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name of Benefit** | **Purpose** | **Is Benefit Standard or Optional** | **Maximum Fee** | **Brief Description of Restrictions/Limitations** |
| **Five-Year Guaranteed Minimum Income Feature** | Guarantees that during the first five contract years your variable payment will never be less than the Guaranteed Minimum Payment amount shown in the Contract. | Optional | If the variable Annuity Minimum Income Guarantee has been chosen or assumed, an Assumed Annual Net Return Rate of 3.5% will apply. | If you select the Five-Year Guaranteed Minimum Income Feature, you may not make any withdrawals under the Contract. The benefit may not be available under your Contract. Participants should refer to their plan documents for available benefits. |

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ISP.109622-26 6

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

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| | |
|:---|:---|
| **FEES AND EXPENSES** | **FEES AND EXPENSES** |
| **Are There Charges or Adjustments for Early Withdrawals?** | **Yes.** If the Investor withdraws money from the Contract within seven (7) years following a specified date, the Investor can be assessed an early withdrawal charge equal to a maximum of 7% of the remaining guaranteed Income Payments withdrawn. The specified date referenced in the preceding sentence can vary depending on the terms of the Contract and will be either: (1) the date the individual account was established; or (2) the date the Contract was established. **There is no surrender charge under this Contract.**<br>**See "FEE TABLES** **- *Transaction Expenses"* and "CHARGES AND FEES - *Transaction Fees -* Early Withdrawal Charge" in the full Contract prospectus.** |
| **Are There Transaction Charges** | **Yes.** In addition to the early withdrawal charge, the Investor may also be charged for other transactions;<br> • Certain Funds may impose redemption fees as a result of withdrawals, transfers, or other Fund transactions you may initiate. A Loan Interest Rate Spread (which is the difference between the rate charged and the rate credited on loans under your contract) or an Annual Loan administration fee is charged until the loan is repaid.<br>**See "FEE TABLES** **- *Transaction Expenses"* and "CHARGES AND FEES" in the full Contract prospectus.** |
| **Are There Ongoing Fees and Expenses?** | The table below describes the fees and expenses that you may pay *each year*, depending on the Variable Investment 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. |

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| |
|:---|
| **Annual Fee** |
| **Base Contract Expenses**0.95%<sup>1,2</sup>2.75%<sup>1,2</sup> |
| **Portfolio Company fees and expenses**0.46%<sup>3</sup>1.49%<sup>3</sup> |

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<sup>1</sup> As a percentage of average Account Value.

<sup>2</sup> The Base Contract Expenses include the (1) mortality and expense risk charge (0.95% for Contracts Without the Guaranteed Minimum Income Feature, and 1.50% for Contracts With the Five-Year Guaranteed Minimum Income Feature); and (2) an administrative expense charge equal to 0.25% annually of your Account Value invested in the Subaccounts. The administrative expense charge is currently not imposed; however, we reserve the right to impose this charge for new contracts. The Maximum includes a guaranteed minimum income charge of 1.00% annually for the first five years. The Maximum includes a guaranteed minimum income charge of 1.00% annually for the first five years. **See "CHARGES AND FEES** **- *Periodic Fees and Charges* - Mortality and Expense Risk Charge" in the full Contract prospectus.**

<sup>3</sup> As a percentage of Account Value allocated to the Subaccount investing in the Portfolio Company. These expenses, which include management fees, distribution (12b-1) and/or service fees and other expenses, do not take into account any fee waiver or expense reimbursement arrangements that may apply. These expenses are for the year ended December 31, 2025, and will vary from year to year.

ISP.109622-26 7

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| | | |
|:---|:---|:---|
| **FEES AND EXPENSES**<br> ***(continued from previous page)*** | **FEES AND EXPENSES**<br> ***(continued from previous page)*** | **FEES AND EXPENSES**<br> ***(continued from previous page)*** |
| **Are There Ongoing Fees and Expenses?** | Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay *each year*. This estimate assumes that you do not take withdrawals from the Contract. | Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay *each year*. This estimate assumes that you do not take withdrawals from the Contract. |
|  | **Lowest Annual Cost Estimate:**<br> **$891** | **Highest Annual Cost Estimate:<br> $1,572** |
|  | Assumes:<br> · Investment of $100,000;<br> · 5% annual appreciation;<br> · Five-Year Guaranteed Minimum Income Feature;<br> · No loans;<br> · No optional benefits;<br> · No sales charges; and<br> · No additional Purchase Payments, transfers, or withdrawals. | Assumes:<br> · Investment of $100,000;<br> · 5% annual appreciation;<br> · No loans;<br> · No sales charges; and<br> · No additional Purchase Payments, transfers, or withdrawals. |
|  | <br> **See "ADDITIONAL INFORMATION ABOUT FEES** **- *Periodic Fees and Expenses*" sections of this summary Prospectus and "CHARGES AND FEES - *Periodic Fees and Charges*" in the full Contract Prospectus.** | <br> **See "ADDITIONAL INFORMATION ABOUT FEES** **- *Periodic Fees and Expenses*" sections of this summary Prospectus and "CHARGES AND FEES - *Periodic Fees and Charges*" in the full Contract Prospectus.** |
| **RISKS** | **RISKS** | **RISKS** |
| **Is There a Risk of Loss from Poor Performance?** | **Yes.** An Investor can lose money by investing in the Contract. Contact Customer Service at 1-800-584-6001 for questions regarding the Contract.<br>**See "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" in the full Contract prospectus.** | **Yes.** An Investor can lose money by investing in the Contract. Contact Customer Service at 1-800-584-6001 for questions regarding the Contract.<br>**See "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" in the full Contract prospectus.** |
| **Is This a Short-Term Investment?** | No. This Contract is not designed for short-term investing and is not appropriate for an Investor who needs ready access to cash. The Contract is typically most useful as part of a personal retirement plan. Early withdrawals may be restricted by the Tax Code or your plan and may expose you to early withdrawal charges or tax penalties. You should not participate in this Contract if you are looking for a short-term investment or expect to make withdrawals before you are age 59½.<br>**See "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" in the full Contract prospectus.** | No. This Contract is not designed for short-term investing and is not appropriate for an Investor who needs ready access to cash. The Contract is typically most useful as part of a personal retirement plan. Early withdrawals may be restricted by the Tax Code or your plan and may expose you to early withdrawal charges or tax penalties. You should not participate in this Contract if you are looking for a short-term investment or expect to make withdrawals before you are age 59½.<br>**See "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" in the full Contract prospectus.** |
| **What Are the Risks Associated with Investment Options?**<br>| An investment in the Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options available under the Contract. Each investment option (including the Fixed Dollar Option) will have its own unique risks, and you should review these investment options before making an investment decision.<br>**See "THE INVESTMENT OPTIONS** **- *The Variable Investment Options*" in the full Contract prospectus and "APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT" to this summary Prospectus.** | An investment in the Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options available under the Contract. Each investment option (including the Fixed Dollar Option) will have its own unique risks, and you should review these investment options before making an investment decision.<br>**See "THE INVESTMENT OPTIONS** **- *The Variable Investment Options*" in the full Contract prospectus and "APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT" to this summary Prospectus.** |

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ISP.109622-26 8

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| | |
|:---|:---|
| **RISKS**<br> ***(continued from previous page)*** | **RISKS**<br> ***(continued from previous page)*** |
| **What Are the Risks Related to the Insurance Company?** | An investment in the Contract is subject to the risks related to VRIAC, including that any obligations, including under the Fixed Dollar Option, guarantees or benefits are subject to the financial strength and claims paying ability of VRIAC. More information about VRIAC, including its financial strength and claims paying ability, is available upon request, by contacting Customer Service.<br>**See "THE CONTRACT** **- *The General Account*" in the full Contract prospectus.** |
| **RESTRICTIONS** | **RESTRICTIONS** |
| **Are There any Limitss on the Investments Options?** | **Yes.**<br> · Your plan may limit the number of options you may select at any one time. Please refer to your plan documents for more information;<br> · Some Subaccounts may not be available through your plan. Please refer to your plan documents for a list of Subaccounts available to you; There are certain restrictions on transfers from the Subaccounts;<br> · The Company reserves the right to combine two or more Subaccounts, close Subaccounts or substitute a new Fund for a Fund in which a Subaccount currently invests; and<br> · The Contract is not designed to serve as a vehicle for frequent transfers. We actively monitor Fund transfer and reallocation activity to identify violations of our Excessive Trading Policy. Electronic trading privileges will be suspended if the Company determines, in its sole discretion, that our Excessive Trading Policy has been violated.<br>**See "THE INVESTMENT OPTIONS** **- *Selecting Investment Options* and *Right to Change the Separate Account*" and "THE CONTRACT - *Limits on Frequent or Disruptive Transfers*" in the full Contract prospectus.** |
| **Are There any Restrictions on Contract Benefits?** | **Yes.**<br> · We may discontinue or restrict the availability of an optional benefit; and<br> · Benefits available to you may vary based on your plan. Please refer to your plan documents for benefits available to you; and <br> · Withdrawals may reduce the amount of a death benefit based on premium by more than the amount withdrawn.<br>**See the "THE CONTRACT — *Contract Provisions and Limitations* — Death Benefit Options" and "FEE TABLE — *Annual Contract Expenses* — For Contracts with the Five-Year guaranteed Minimum Income Feature" in the full Contract prospectus and "*Benefits Available Under the Contract* — Other Optional Benefits" and "MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR CONTRACT" sections of this summary Prospectus.** |
| **TAXES** | **TAXES** |
| **What are the Contract's Tax Implications?** | · You should consult with a tax and/or legal adviser to determine the tax implications of an investment in, and distributions received under, the Contract;<br> · There is no additional tax benefit to the Investor if the Contract is purchased through a tax-qualified plan or individual retirement account ("IRA"); and<br> · Withdrawals will be subject to ordinary income tax and may be subject to tax penalties.<br>**See "FEDERAL TAX CONSIDERATIONS" in the full Contract prospectus.** |

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ISP.109622-26 9

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| | |
|:---|:---|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** |
| **How are Investment Professionals Compensated?** | · We pay compensation to broker/dealers or their registered representatives in connection with the sale of the Contract.<br> · Compensation may be paid in the form of commissions or other compensation, to certain management personnel, including sales management personnel.<br> · Because of this sales-based compensation, management personnel and sales management personnel may have a financial incentive to offer or recommend the Contract over another investment.<br>**See "OTHER TOPICS** **- *Contract Distribution*" in the full Contract prospectus.** |
| **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 exchange your contract only if you determine, after comparing the features, fees, and risks of both Contracts, and any fees or penalties to terminate the existing contract, that it is preferable for you to purchase the new Contract rather than continue to own the existing contract.<br>**See "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" in the full Contract prospectus.** |

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ISP.109622-26 10

**BUYING THE CONTRACT**

**Purchasing the Contract**

To purchase a Contract, you must make one payment of at least $10,000. After your initial payment, no additional Purchase Payments may be made. We reserve the right to lower the minimum required payment, to establish a maximum payment amount and to reject any payment exceeding the maximum.

**Participating in the Contract**

You may participate in the Contract by submitting your Purchase Payment and the required application or completed enrollment materials to us in Good Order.

**Age Requirements**

The maximum issue age is between 80 and 95, depending upon the Income Payment option and features selected. We reserve the right to modify the maximum issue age.

**Allocation of Purchase Payments to the Investment Options**

We will allocate your Purchase Payment, less any applicable premium taxes**,** among the investment options you select. Generally, the Contract Holder, or you if permitted by the plan, may select no more than 25 investment options at initial enrollment. Thereafter, more options can be selected at any one time. You may also select the Fixed Dollar option and allocate all or a portion of your Purchase Payments to the General Account. Allocations must be in whole percentages. Any purchase payment received before we accept the application or enrollment materials will be invested as of the day we do accept them. **See "THE Investment Options" in the full Contract prospectus.**

**Tax Code Restrictions**

 ****

The Tax Code places some limitations on contributions to your account. **See "FEDERAL Tax Considerations" in the full Contract prospectus.**

**When Purchase Payments Are Credited**

We must accept or reject an application or your enrollment materials within two business days of receipt. If the forms are incomplete, we may hold any forms and accompanying Purchase Payments for five business days pending completion. If we reject the application or enrollment forms, we will return the forms and any Purchase Payments.

ISP.109622-26 11

**MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR CONTRACT**

**Withdrawals of Variable Income Payments**

You may make partial or full withdrawals of the present value of any remaining guaranteed variable Income Payments if you are receiving payments under either one of the following:

&nbsp;&nbsp;&nbsp;&nbsp;· A lifetime payment option with guaranteed payments
and you elected a right to make withdrawals. In this circumstance withdrawals are allowed once each year, beginning after the first Contract
year (subject to state approval); or

&nbsp;&nbsp;&nbsp;&nbsp;· The nonlifetime payment option.

Partial withdrawals are allowed only if each remaining guaranteed payment will be at least $50.

**Withdrawals of Fixed Income Payments**

You may make partial or full withdrawals of the present value of any remaining fixed Income Payments if you are receiving payments under either one of the following:

&nbsp;&nbsp;&nbsp;&nbsp;· A lifetime payment option with guaranteed payments
and you elected a right to make withdrawals. In this circumstance withdrawals are allowed once each year, beginning after the first Contract
year (subject to state approval); or

&nbsp;&nbsp;&nbsp;&nbsp;· The nonlifetime payment option and you elected
a right to make withdrawals. In this circumstance, withdrawals are allowed once each year, beginning after the first Contract year.

Partial withdrawals are allowed only if each remaining guaranteed payment will be at least $50.

**Withdrawal Value**

**Variable Income Payments.** For any withdrawal of remaining variable guaranteed Income Payments, the amount available for withdrawal is equal to the present value of any remaining guaranteed variable payments (less any applicable early withdrawal charge) calculated using the same rate we used to calculate the Income Payments (i.e., the 3.5% or 5% assumed annual net return rate stated in the Contract). Withdrawal values are determined as of the valuation date following our receipt of your written request in Good Order at Customer Service.

**Fixed Income Payments.** See **APPENDIX B in the full Contract prospectus** for details regarding the withdrawal value of fixed payments.

**Amount Received.** For partial withdrawals, you will receive, reduced by any required withholding tax, the amount you specify, subject to the value in your account. However, the amount actually withdrawn from your account will be adjusted by any applicable early withdrawal charge and redemption fees.

ISP.109622-26 12

**Early Withdrawal Charge**

Withdrawals may be subject to an early withdrawal charge and may also be subject to redemption fees. **See "CHARGES AND Fees" in the full Contract prospectus for additional information.**

**Reduction of Remaining Payments**

Any withdrawal will result in a proportionate reduction of any remaining guaranteed payments and any applicable guaranteed minimum payment amount. Additionally, the withdrawal amount will be taken from the Subaccounts proportionately, unless you designate otherwise. For lifetime Income Payment options, any payments to be made beyond the guaranteed payment period will be unaffected by any withdrawals.

The Tax Code and/or your plan may impose other limitations on withdrawals. **See "FEDERAL TAX CONSIDERATIONS – Distributions – Eligibility" in the full Contract prospectus.**

ISP.109622-26 13

**ADDITIONAL INFORMATION ABOUT FEES**

**The following tables describe the fees and expenses that you will pay when buying, owning, and surrendering or making withdrawals from the Contract. 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.**

**The first table describes the fees and expenses that you may pay at the time you buy the Contract, surrender, or make withdrawals from the Contract or take a loan from the Contract. State premium taxes may also be deducted.**

**Transaction Expenses**

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| | |
|:---|:---|
| Maximum Early Withdrawal Charge<sup>1</sup> *<br> (as a percentage of amount withdrawn, if applicable)* | 7.00% |
| Premium Tax<sup>2</sup> | 0.00% to 3.50% |

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**There is no surrender charge under the Contract.**

**The next table describes the fees and expenses that you will pay each year during the time that you own the Contract (not including Fund fees and expenses).**

 

**Annual Contract Expenses**

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| | |
|:---|:---|
|  | **For Contracts With the<br> Five-Year Guaranteed Minimum<br> Income Feature** |
| Base Contract Expenses<sup>3</sup><br> *(as a percentage of average Account Value)* | 2.75%<sup>4</sup> |
| For Contract Without the Five-Year Guaranteed Minimum Income Feature | 0.95%<sup>5</sup> |
| Loan Interest Rate Spread (per annum)<sup>6</sup> | 3.00% |
| Annual Loan Administration Fee<sup>7</sup> | $50.00 |

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<sup>1</sup> This is a deferred sales charge. The percentage will be determined by the applicable early withdrawal charge schedule in the "**CHARGES AND Fees**" **section in the full Contract prospectus**. In the case of a partial withdrawal, the amount withdrawn from your account will be the amount you specified plus adjustment for any applicable early withdrawal charge. **See "CHARGES AND Fees" in the full Contract prospectus for additional information.**

<sup>2</sup> We reserve the right to deduct a charge for premium taxes from your Purchase Payment on the Contract effective date. **See "CHARGES AND Fees ‒ *Premium and Other Taxes*" in the full Contract prospectus for additional information.**

<sup>3</sup> The mortality and expense risk charge, included in the Base Contract Expenses, compensates us for the mortality and expense risks we assume under the Contract. We currently do not impose an administrative expense charge; however, we reserve the right to impose this charge for new contracts and to deduct a daily charge from the Subaccounts equivalent to not more than 0.25% annually. **See "CHARGES AND FEES** **- *Periodic Fees and Charges* - Mortality and Expense Risk Charge" in the full Contract prospectus for additional information.**

<sup>4</sup> The Five-Year Guaranteed Minimum Income Charge of 1.00% terminates after five (5) years.

<sup>5</sup> If you select the Contract Without the Five-Year Guaranteed Minimum Income Feature, you may not make any withdrawals.

<sup>6</sup> This is the difference between the rate charged and the rate credited on loans under your Contract. We reserve the right to assess a Loan Interest Rate Spread between 0.0% and 3.0% per annum. If applied, the Loan Interest Rate Spread is generally 2.5% per annum. **See "Loans ‒ *Things to Consider Before Initiating a Loan*" in the full Contract prospectus for additional information.**

<sup>7</sup> Certain Contracts that have a 0.0% Loan Interest Rate Spread may be subject to an annual loan administration fee. If assessed, the annual loan maintenance fee will apply to each outstanding Plan Loan and be deducted from the vested individual account value. We reserve the right to change the annual fee charged for loan administration, but the fee shall not exceed $50. **See "Loans ‒ *Things to Consider Before Initiating a Loan*" in the full Contract prospectus for additional information.**

ISP.109622-26 14

**The next item shows the minimum and maximum total operating expenses charged by the Funds that you may pay periodically during the time that you own the Contract. Expenses shown may change over time and may be higher or lower in the future. A complete list of the Funds available under the Contract, including their annual expenses, may be found in an appendix to this summary Prospectus. See "APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT."**

**Annual Fund Expenses**

---

| | | |
|:---|:---|:---|
| ***Total Annual Fund Operating Expense*** | **Minimum** | **Maximum** |
| Expenses that are deducted from Fund assets, including management fees, distribution and/or service (12b-1) fees, and other expenses (as of December 31, 2025). | 0.46% | 1.49% |
| Range of total annual Fund operating expenses **after** any waivers or expense reimbursements<sup>1</sup> | &nbsp;&nbsp;0.46% | &nbsp;&nbsp;1.25% |

---

**Examples**

**These examples are intended to help you compare the cost of investing in the Variable Investment Options with the cost of investing in other annuity contracts that offer variable investment options. These costs include transaction expenses (assuming no loans), annual Contract expenses and annual Fund expenses. They do not reflect any advisory fee paid to an independent investment advisor (if retained by a participant) from a participant's account, and if such charges were reflected, the costs would be higher.**

**The Example assumes all Contract value is allocated to the Variable Investment Options.**

**The following examples assume that you invest $100,000 in the Contract Variable Investment Options for the time periods indicated. The Examples also assume that your investment has a 5% return each year and assume the most expensive combination of annual Fund expenses. For the purpose of these Examples, we deducted the maximum contract fees and expenses and the maximum total annual fees and expenses of any of the funds available for each type of contract and the maximum charges under the contract (i.e., a maximum mortality and expense risk charge of 1.25% annually, an administrative expense charge of 0.25% annually, and the guaranteed minimum income charge of 1.00% annually for the first five years, as applicable) and assume you have selected the "nonlifetime–guaranteed payments" income payment option for a 15 year period with a 3.5% assumed annual net return rate.**

<sup>1</sup> Any expense waivers or reimbursements will remain in effect until at least April 30, 2027, and can only be terminated early with approval by the Fund company's board of directors.

ISP.109622-26 15

**Although your actual costs may be higher or lower, based on these assumptions, your costs would be:**

**Applicable to Contracts Without the Five-Year Guaranteed Minimum Income Feature:**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Example A: If you withdraw your entire Account Value at the end of the applicable time period:** | &nbsp;&nbsp;**<u>1 Year</u>** | &nbsp;&nbsp;**<u>3 Years</u>** | &nbsp;&nbsp;**<u>5 Years</u>** | &nbsp;&nbsp;**<u>10 Years</u>** |
| &nbsp;&nbsp;**Example A: If you withdraw your entire Account Value at the end of the applicable time period:** | &nbsp;&nbsp;$9650 | &nbsp;&nbsp; $12999<br>| &nbsp;&nbsp; $16409<br>| &nbsp;&nbsp; $27763<br>|
| &nbsp;&nbsp;**Example B: If you do not withdraw your entire Account Value or if you select an income Phase payment option at the end of the applicable time period:**<sup>\*</sup> | &nbsp;&nbsp;**<u>1 Year</u>** | &nbsp;&nbsp;**<u>3 Years</u>** | &nbsp;&nbsp;**<u>5 Years</u>** | &nbsp;&nbsp;**<u>10 Years</u>** |
| &nbsp;&nbsp;**Example B: If you do not withdraw your entire Account Value or if you select an income Phase payment option at the end of the applicable time period:**<sup>\*</sup> | &nbsp;&nbsp; $12471<br>| &nbsp;&nbsp; $7605<br>| &nbsp;&nbsp; $13005<br>| &nbsp;&nbsp; $27763<br>|

---

**Applicable to Contracts With the Five-Year Guaranteed Minimum Income Feature:**

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Example A: If you withdraw your entire Account Value at the end of the applicable time period:** | &nbsp;&nbsp;**<u>1 Year</u>** | &nbsp;&nbsp;**<u>3 Years</u>** | &nbsp;&nbsp;**<u>5 Years</u>** | &nbsp;&nbsp;**<u>10 Years</u>** |
| &nbsp;&nbsp;**Example A: If you withdraw your entire Account Value at the end of the applicable time period:** | &nbsp;&nbsp; $9473<br>| &nbsp;&nbsp; $12457<br>| &nbsp;&nbsp; $15485<br>| &nbsp;&nbsp; $19909<br>|
| &nbsp;&nbsp;**Example B: If you do not withdraw your entire Account Value or if you select an Income Payment option at the end of the applicable time period:<sup>\*</sup>** | &nbsp;&nbsp;**<u>1 Year</u>** | &nbsp;&nbsp;**<u>3 Years</u>** | &nbsp;&nbsp;**<u>5 Years</u>** | &nbsp;&nbsp;**<u>10 Years</u>** |
| &nbsp;&nbsp;**Example B: If you do not withdraw your entire Account Value or if you select an Income Payment option at the end of the applicable time period:<sup>\*</sup>** | &nbsp;&nbsp; $2281<br>| &nbsp;&nbsp; $7033<br>| &nbsp;&nbsp; $12049  | &nbsp;&nbsp; $19909  |

---

<sup>\*</sup> This example will not apply if a nonlifetime payment option is elected with variable payments and a lump-sum payment is requested within a certain number of years as specified in the Contract. In that case, the lump-sum payment is treated as a withdrawal and may be subject to an early withdrawal charge. (Refer to Example A.)

ISP.109622-26 16

**APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT**

**The Variable Options available to you may vary based on employer. You should refer to your plan documents for a list of available Investment Options.**

***Variable Options***

 ****

**The following is a list of Funds available under the Contract. More information about the Funds is available in the prospectuses for the Funds, which may be amended from time to time and can be found online at https://vpx.broadridge.com/getcontract1.asp?doctype=isp&dtype=isp&cid=voyavpx&fid=92912K323. You can also request this information at no cost by calling 1-877-884-5050 or by sending an email request to ProspectusRequests@voya.com. The Funds available to you may vary based on employer and state approval and participants should refer to their plan documents for a list of available Funds.**

**The current expenses and performance information below reflects fee and expenses of the Funds, 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 Fund's past performance is not necessarily an indication of future performance.**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT 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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT EXPENSES** | **1 Year** | **5 Years** | **10 Years** |
| Seeks to provide a competitive total return through an actively managed portfolio of stocks, bonds and money market instruments which offer income and capital growth opportunity. | **Calvert VP SRI Balanced Portfolio (Class I)**<br>**Investment Adviser:** Calvert Research and Management | 0.65% | 11.48% | 8.68% | 9.81% |
| Seeks long-term capital appreciation. | **Fidelity<sup>®</sup> VIP Contrafund<sup>SM</sup> Portfolio (Initial Class)**<br>**Investment Adviser:** Fidelity Management & Research Company LLC ("FMR")<br>**Subadvisers:** FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited | 0.54% | 21.52% | 15.37% | 15.78% |

---

<sup>\*</sup> Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus.

ISP.109622-26 17

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT 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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT EXPENSES** | **1 Year** | **5 Years** | **10 Years** |
| Seeks reasonable income. Also considers the potential for capital appreciation. Seeks to achieve a yield which exceeds the composite yield on the securities comprising the S&P 500<sup>®</sup> Index. | **Fidelity<sup>®</sup> VIP Equity-Income Portfolio<sup>SM</sup> (Initial Class)**<br>**Investment Adviser:** Fidelity Management & Research Company LLC ("FMR")<br>**Subadvisers:** FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited | 0.46% | 19.02% | 12.51% | 11.60% |
| Seeks to achieve capital appreciation. | **Fidelity<sup>®</sup> VIP Growth Portfolio (Initial Class)**<br>**Investment Adviser:** Fidelity Management & Research Company LLC ("FMR")<br>**Subadvisers:** FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited | 0.55% | 14.92% | 13.70% | 17.45% |
| Seeks long-term total return. Under normal market conditions, the Fund invests at least 80% of its net assets in investments of small-capitalization companies. | **Franklin Small Cap Value VIP Fund (Class 2)**<sup>1</sup><br>**Investment Adviser:** Franklin Mutual Advisers, LLC | 0.91%<sup>\*</sup> | 7.65% | 8.86% | 9.81% |
| A *non-diversified* Fund that seeks capital growth. | **Invesco V.I. American Franchise Fund (Series I)**<br>**Investment Adviser:** Invesco Advisers, Inc. | 0.85% | 11.67% | 10.35% | 14.87% |
| Seeks long-term growth of capital. | **Invesco V.I. Core Equity Fund (Series I)**<br>**Investment Adviser:** Invesco Advisers, Inc. | 0.80% | 16.17% | 12.81% | 11.73% |

---

<sup>\*</sup> Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus.

<sup>1</sup> On June 20, 2021, the Fund closed to new investment by new Investors. Existing retirement plans and individual Investors may leave their investment in the Fund and may continue to make additional purchases and exchanges.

ISP.109622-26 18

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT 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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT EXPENSES** | **1 Year** | **5 Years** | **10 Years** |
| Seeks to deliver long-term growth of capital by investing primarily in stocks of mid-sized U.S. companies. | **Lord Abbett Series Fund, Inc. – Mid Cap Stock Portfolio (Class VC)**<br>**Investment Adviser:** Lord, Abbett & Co. LLC | 1.15% | 7.05% | 10.16% | 7.98% |
| Seeks to maximize income while maintaining prospects for capital appreciation. | **Voya Balanced Income Portfolio (Class I)<sup>\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.58%<sup>\*</sup> | 11.96% | 5.92% | 7.16% |
| Seeks to maximize total return through a combination of current income and capital appreciation. | **Voya Global Bond Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.69%<sup>\*</sup> | 8.80% | -2.30% | 1.82% |
| Seeks long-term capital growth and current income. | **Voya Global High Dividend Low Volatility Portfolio (Class I)<sup>1</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.60%<sup>\*</sup> | 19.00% | 10.52% | 9.05% |
| Seeks capital appreciation. | **Voya Global Insights Portfolio (Class I)<sup>\*\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.81%<sup>\*</sup> | 24.31% | 7.21% | 10.97% |
| Seeks to provide high current return, consistent with preservation of capital and liquidity, through investment in high-quality money market instruments while maintaining a stable share price of $1.00. | **Voya Government Money Market Portfolio (Class I)**<sup>2</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.40%<sup>\*</sup> | 4.02% | 3.02% | 1.96% |

---

---

| | |
|:---|:---|
| <sup>\*</sup> | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| <sup>\*\*</sup> | Effective July 24, 2026, the Voya Balanced Income Portfolio will change its name to the Voya Balanced Income Fund. |
| <sup>\*\*\*</sup> | Effective on or about July 17, 2026, the Voya Global Insights Portfolio will change its name to the Voya Global Insights Fund. |
| <sup>1</sup> | This Fund employs a managed volatility strategy. **See "THE INVESTMENT OPTIONS – *The Variable Investment Options*** **- Funds with Managed Volatility Strategies" for more information.** |
| <sup>2</sup> | There is no guarantee that the Voya Government Money Market Portfolio Subaccount will have a positive or level return. |

---

ISP.109622-26 19

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT 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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT EXPENSES** | **1 Year** | **5 Years** | **10 Years** |
| Seeks to maximize total return through investments in a diversified portfolio of common stock and securities convertible into common stocks. It is anticipated that capital appreciation and investment income will both be major factors in achieving total return. | **Voya Growth and Income Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.67%<sup>\*</sup> | 18.21% | 15.46% | 14.62% |
| Seeks to provide Investors with a high level of current income and total return. | **Voya High Yield Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.50% | 8.80% | 3.92% | 5.82% |
| Seeks to outperform the total return performance of the S&P 500<sup>®</sup> Index while maintaining a market level of risk. | **Voya Index Plus LargeCap Portfolio**<br> **(Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.55%<sup>\*</sup> | 15.20% | 13.73% | 13.90% |
| Seeks to outperform the total return performance of the S&P MidCap 400<sup>®</sup> Index while maintaining a market level of risk. | **Voya Index Plus MidCap Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.60%<sup>\*</sup> | 8.16% | 9.90% | 9.75% |
| Seeks to outperform the total return performance of the S&P SmallCap 600<sup>®</sup> Index while maintaining a market level of risk. | **Voya Index Plus SmallCap Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.60%<sup>\*</sup> | 8.27% | 8.97% | 9.23% |

---

<sup>\*</sup> Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus.

ISP.109622-26 20

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT 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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **CURRENT EXPENSES** | **1 Year** | **5 Years** | **10 Years** |
| Seeks to maximize total return consistent with reasonable risk. The Portfolio seeks its objective through investments in a diversified portfolio consisting primarily of debt securities. It is anticipated that capital appreciation and investment income will both be major factors in achieving total return. | **Voya Intermediate Bond Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.55%<sup>\*</sup> | 7.71% | 0.15% | 2.66% |
| Seeks maximum total return. | **Voya International High Dividend Low Volatility Portfolio (Class I)**<sup>1</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.76% | 37.60% | 11.59% | 7.83% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of a widely accepted international index. | **Voya International Index Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC | 0.45%<sup>\*</sup> | 30.89% | 8.50% | 7.91% |
| A *non-diversified* Portfolio that seeks long-term capital growth. | **Voya Large Cap Growth Portfolio (Class I)<sup>\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC and T. Rowe Price Associates Inc.<sup>\*\*\*</sup> | 0.67%<sup>\*</sup> | 15.33% | 12.23% | 15.19% |

---

---

| | |
|:---|:---|
| <sup>\*</sup> | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's Prospectus. |
| <sup>\*\*</sup> | Effective November 21, 2025, the VY<sup>®</sup> T. Rowe Price Growth Equity Portfolio (Class I) merged into the Voya Large Cap Growth Portfolio (Class I). |
| <sup>\*\*\*</sup> | Effective October 27, 2025, T. Rowe Price Associates Inc. was added as a sub-adviser to the Voya Large Cap Growth Portfolio. |
| <sup>1</sup> | This Fund employs a managed volatility strategy. **See "THE INVESTMENT OPTIONS – *The Variable Investment Options*** **- Funds with Managed Volatility Strategies" for more information.** |

---

ISP.109622-26 21

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **1 Year** | **5 Years** | **10 Years** |
| Seeks long-term growth of capital and current income. | **Voya Large Cap Value Fund (Class A)<sup>\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.86%<sup>\*</sup> | 12.66% | 12.56% | 10.85% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Russell Top 200<sup>®</sup> Growth Index. | **Voya Russell<sup>TM</sup> Large Cap Growth Index Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.43%<sup>\*</sup> | 18.12% | 16.24% | 18.65% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Russell Top 200<sup>®</sup> Index. | **Voya Russell<sup>TM</sup> Large Cap Index Portfolio (Class S)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.61%<sup>\*</sup> | 18.51% | 14.45% | 15.09% |
| Seeks growth of capital primarily through investment in a diversified portfolio of common stock of companies with smaller market capitalizations. | **Voya Small Company Portfolio (Class I)**<sup>1</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.87%<sup>\*</sup> | 8.59% | 6.26% | 8.39% |
| Seeks long-term capital appreciation. | **Voya SmallCap Opportunities Portfolio (Class I)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.92%<sup>\*</sup> | 14.80% | 5.85% | 9.11% |

---

---

| | |
|:---|:---|
| <sup>\*</sup> | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| <sup>\*\*</sup> | Effective February 6, 2026, the VY<sup>®</sup> T. Rowe Price Equity Income Portfolio and the Voya Large Cap Value Portfolio merged into the Voya Large Cap Value Fund. |
| <sup>1</sup> | The Voya Small Company Portfolio is only available to plans offering the fund prior to April 29, 2011. |

---

ISP.109622-26 22

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **1 Year** | **5 Years** | **10 Years** |
| Seeks growth of capital. | **Voya Solution Aggressive Portfolio (Class I)**<sup>1</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.77%<sup>\*</sup> | 16.87% | 9.89% | 10.55% |
| Seeks to provide capital growth through a diversified asset allocation strategy. | **Voya Solution Balanced Portfolio (Class I)**<sup>1</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.75%<sup>\*</sup> | 13.05% | 6.84% | 8.04% |
| Seeks to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. | **Voya Solution Conservative Portfolio (Class I)**<sup>1</sup><br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Voya Investment Management Co. LLC<br> 0.66%<sup>\*</sup> | 8.33% | 2.97% | 4.77% |
| Seeks long-term capital growth. Income is a secondary objective. | **VY<sup>®</sup> American Century Small-Mid Cap Value Portfolio (Class S)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** American Century Investment Management, Inc.<br> 1.10%<sup>\*</sup> | 4.99% | 8.19% | 9.00% |
| Seeks capital appreciation. | **VY<sup>®</sup> Baron Growth Portfolio (Class S)<sup>\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** BAMCO, Inc.<br> 1.25%<sup>\*</sup> | -10.94% | -0.34% | 9.17% |

---

---

| | |
|:---|:---|
| <sup>\*</sup> | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| <sup>\*\*</sup> | Effective on or about July 17, 2026, the VY<sup>®</sup> Baron Growth Portfolio (Class S) will merge into the Voya MidCap Opportunities Fund (Class S). |
| <sup>1</sup> | This Fund is structured as a fund of funds that invest directly in shares of underlying Funds. **See "THE INVESTMENT OPTIONS – Fund of Funds" for additional information.** |

---

ISP.109622-26 23

---

| | | | | |
|:---|:---|:---|:---|:---|
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **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) |
| **INVESTMENT OBJECTIVE** | **FUND NAME**<br> **INVESTMENT ADVISER/SUBADVISER** | **1 Year** | **5 Years** | **10 Years** |
| Seeks total return including capital appreciation and current income. | **VY<sup>®</sup> Columbia Real Estate Portfolio (Class I)<sup>\*\*</sup>**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Columbia Management Investment Advisers, LLC<br> 0.75%<sup>\*</sup> | 0.30% | 5.93% | 5.06% |
| Seeks total return consisting of long-term capital appreciation and current income. | **VY<sup>®</sup> Columbia Contrarian Core Portfolio (Class S)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Columbia Management Investment Advisers, LLC<br> 0.96%<sup>\*</sup> | 17.08% | 13.87% | 14.01% |
| Seeks growth from capital appreciation. | **VY<sup>®</sup> JPMorgan Mid Cap Value Portfolio (Class S)**<br> **<br> Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** J.P. Morgan Investment Management Inc.<br> 1.10%<sup>\*</sup> | 4.37% | 9.26% | 8.48% |
| Seeks capital growth and income. | **VY<sup>®</sup> Invesco Comstock Portfolio (Class S)**<br>**Investment Adviser:** Voya Investments, LLC<br>**Subadviser:** Invesco Advisers, Inc.<br> 0.97%<sup>\*</sup> | 17.02% | 14.95% | 11.75% |

---

---

| |
|:---|
| <sup>\*</sup> |
| <sup>\*\*</sup> Effective January 21, 2026, the VY<sup>®</sup> CBRE Real Estate Portfolio changed its name to the VY<sup>®</sup> Columbia Real Estate Portfolio and the subadviser changed from CBRE Investment Management Listed Real Assets, LLC to the Columbia Management Investment Advisers, LLC. |

---

ISP.109622-26 24

**HOW TO GET MORE INFORMATION**

This summary Prospectus incorporates by reference the full Voya Flexible Income Contract prospectus and Statement of Additional Information ("SAI"), each dated May 1, 2026, as amended or supplemented. You can find these documents online at <u>https://vpx.broadridge.com/getcontract1.asp?doctype=pros&dtype=isp&cid=voyavpx&fid=92912K323</u> for the Contract prospectus and <u>https://vpx.broadridge.com/getcontract1.asp?doctype=sai&dtype=isp&cid=voyavpx&fid=92912K323</u> for the SAI. You can also obtain these documents at no cost by calling 1-800-584-6001 or by sending an email request to <u>ProspectusRequests@voya.com</u>.

Reports and other information about the Variable Annuity Account I, and Voya Retirement Insurance and Annuity Company, are available on the Commission's website at http://www.sec.gov. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.

EDGAR Contract Identifier: C000002963

ISP.109622-26 25

## Exhibit 99.27

**Exhibit 27(p): Powers of Attorney**

POWER OF ATTORNEY

**Pursuant to Item 601(b)(24) of Regulation SK and Rule 462(b) of the Securities Act of 1933**

The undersigned hereby constitutes and appoints the individuals set forth below and each of them individually as my true and lawful attorneys-in-fact, with full power to each of them to act alone, to sign for me and file any instrument or document to be filed as part of or in connection with or in any way related to the registration statement listed below, and any and all amendments thereto, filed with the Securities and Exchange Commission under the Securities Act of 1933 and the Investment Company Act of 1940, as amended, and any documentation, including Form N-8F, necessary to deregister any such registrations associated with the issuance of any such registrations.

**COMPANY:** Voya Retirement Insurance and Annuity Company

---

| | |
|:---|:---|
| **INDIVIDUALS WITH POWER OF ATTORNEY:** | Lombard J. Gasbarro, Tamara Saverine, Ian D. Macleod, and Peter T. Moriarty |

---

**REGISTRATION STATEMENTS FILED UNDER THE SECURITIES ACT OF 1933:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| 033-34370 | 033-75996 | 033-81216 | 333-105479 | 333-134760 | 333-278458 | 333-294117 |
| 033-61897 | 033-76002 | 333-207045 | 333-109622 | 333-153730 | 333-278858 | 333-294118 |
| 033-64277 | 033-75988 | 333-01107 | 333-109860 | 333-167182 | 333-288655 | 333-294119 |
| 033-75248 | 033-75992 | 333-09515 | 333-129091 | 333-167680 | 333-294111 |  |
| 033-75962 | 033-76004 | 333-27337 | 333-130822 | 333-278455 | 333-294112 |  |
| 033-75974 | 033-76018 | 333-56297 | 333-130825 | 333-278456 | 333-294114 |  |
| 033-75980 | 033-79122 | 333-72079 | 333-130826 | 333-278457 | 333-294115 |  |

---

**REGISTRATION STATEMENTS FILED UNDER THE INVESTMENT COMPANY ACT OF 1940:**

811-02512 811-02513 811-04536 811-05906 811-08582 811-09002

I hereby ratify and confirm on this 20<sup>th</sup> day of March, 2026, my signature as it may be signed by my said attorneys to any such registration statements and any and all amendments thereto.

Signature

<u>/s/ Amelia J. Vaillancourt</u>

Amelia J. Vaillancourt, Director and President

POWER OF ATTORNEY

**Pursuant to Item 601(b)(24) of Regulation SK and Rule 462(b) of the Securities Act of 1933**

The undersigned hereby constitutes and appoints the individuals set forth below and each of them individually as my true and lawful attorneys-in-fact, with full power to each of them to act alone, to sign for me and file any instrument or document to be filed as part of or in connection with or in any way related to the registration statement listed below, and any and all amendments thereto, filed with the Securities and Exchange Commission under the Securities Act of 1933 and the Investment Company Act of 1940, as amended, and any documentation, including Form N-8F, necessary to deregister any such registrations associated with the issuance of any such registrations.

**COMPANY:** Voya Retirement Insurance and Annuity Company

---

| | |
|:---|:---|
| **INDIVIDUALS WITH POWER OF ATTORNEY:** | Lombard J. Gasbarro, Tamara Saverine, Ian D. Macleod, and Peter T. Moriarty |

---

**REGISTRATION STATEMENTS FILED UNDER THE SECURITIES ACT OF 1933:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;033-34370 | &nbsp;&nbsp;033-75996 | &nbsp;&nbsp;033-81216 | &nbsp;&nbsp;333-105479 | &nbsp;&nbsp;333-134760 | &nbsp;&nbsp;333-278458 | &nbsp;&nbsp;333-294117 |
| 033-61897 | 033-76002 | 333-207045 | 333-109622 | 333-153730 | 333-278858 | 333-294118 |
| 033-64277 | 033-75988 | 333-01107 | 333-109860 | 333-167182 | 333-288655 | 333-294119 |
| 033-75248 | 033-75992 | 333-09515 | 333-129091 | 333-167680 | 333-294111 |  |
| 033-75962 | 033-76004 | 333-27337 | 333-130822 | 333-278455 | 333-294112 |  |
| 033-75974 | 033-76018 | 333-56297 | 333-130825 | 333-278456 | 333-294114 |  |
| 033-75980 | 033-79122 | 333-72079 | 333-130826 | 333-278457 | 333-294115 |  |

---

**REGISTRATION STATEMENTS FILED UNDER THE INVESTMENT COMPANY ACT OF 1940:**

811-02512 811-02513 811-04536 811-05906 811-08582 811-09002

I hereby ratify and confirm on this 18<sup>th</sup> day of March, 2026, my signature as it may be signed by my said attorneys to any such registration statements and any and all amendments thereto.

Signature

<u>/s/ Tony D. Oh</u>

Tony D. Oh, Senior Vice President and Chief Accounting Officer

POWER OF ATTORNEY

**Pursuant to Item 601(b)(24) of Regulation SK and Rule 462(b) of the Securities Act of 1933**

The undersigned hereby constitutes and appoints the individuals set forth below and each of them individually as my true and lawful attorneys-in-fact, with full power to each of them to act alone, to sign for me and file any instrument or document to be filed as part of or in connection with or in any way related to the registration statement listed below, and any and all amendments thereto, filed with the Securities and Exchange Commission under the Securities Act of 1933 and the Investment Company Act of 1940, as amended, and any documentation, including Form N-8F, necessary to deregister any such registrations associated with the issuance of any such registrations.

**COMPANY:** Voya Retirement Insurance and Annuity Company

---

| | |
|:---|:---|
| **INDIVIDUALS WITH POWER OF ATTORNEY:** | Lombard J. Gasbarro, Tamara Saverine, Ian D. Macleod, and Peter T. Moriarty |

---

**REGISTRATION STATEMENTS FILED UNDER THE SECURITIES ACT OF 1933:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;033-34370 | &nbsp;&nbsp;033-75996 | &nbsp;&nbsp;033-81216 | &nbsp;&nbsp;333-105479 | &nbsp;&nbsp;333-134760 | &nbsp;&nbsp;333-278458 | &nbsp;&nbsp;333-294117 |
| 033-61897 | 033-76002 | 333-207045 | 333-109622 | 333-153730 | 333-278858 | 333-294118 |
| 033-64277 | 033-75988 | 333-01107 | 333-109860 | 333-167182 | 333-288655 | 333-294119 |
| 033-75248 | 033-75992 | 333-09515 | 333-129091 | 333-167680 | 333-294111 |  |
| 033-75962 | 033-76004 | 333-27337 | 333-130822 | 333-278455 | 333-294112 |  |
| 033-75974 | 033-76018 | 333-56297 | 333-130825 | 333-278456 | 333-294114 |  |
| 033-75980 | 033-79122 | 333-72079 | 333-130826 | 333-278457 | 333-294115 |  |

---

**REGISTRATION STATEMENTS FILED UNDER THE INVESTMENT COMPANY ACT OF 1940:**

811-02512 811-02513 811-04536 811-05906 811-08582 811-09002

I hereby ratify and confirm on this 21<sup>st</sup> day of March, 2026, my signature as it may be signed by my said attorneys to any such registration statements and any and all amendments thereto.

Signature

<u>/s/ William Bainbridge</u>

William T. Bainbridge, Director, Senior Vice President and Chief Financial Officer

POWER OF ATTORNEY

**Pursuant to Item 601(b)(24) of Regulation SK and Rule 462(b) of the Securities Act of 1933**

The undersigned hereby constitutes and appoints the individuals set forth below and each of them individually as my true and lawful attorneys-in-fact, with full power to each of them to act alone, to sign for me and file any instrument or document to be filed as part of or in connection with or in any way related to the registration statement listed below, and any and all amendments thereto, filed with the Securities and Exchange Commission under the Securities Act of 1933 and the Investment Company Act of 1940, as amended, and any documentation, including Form N-8F, necessary to deregister any such registrations associated with the issuance of any such registrations.

**COMPANY:** Voya Retirement Insurance and Annuity Company

---

| | |
|:---|:---|
| **INDIVIDUALS WITH POWER OF ATTORNEY:** | Lombard J. Gasbarro, Tamara Saverine, Ian D. Macleod, and Peter T. Moriarty |

---

**REGISTRATION STATEMENTS FILED UNDER THE SECURITIES ACT OF 1933:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;033-34370 | &nbsp;&nbsp;033-75996 | &nbsp;&nbsp;033-81216 | &nbsp;&nbsp;333-105479 | &nbsp;&nbsp;333-134760 | &nbsp;&nbsp;333-278458 | &nbsp;&nbsp;333-294117 |
| 033-61897 | 033-76002 | 333-207045 | 333-109622 | 333-153730 | 333-278858 | 333-294118 |
| 033-64277 | 033-75988 | 333-01107 | 333-109860 | 333-167182 | 333-288655 | 333-294119 |
| 033-75248 | 033-75992 | 333-09515 | 333-129091 | 333-167680 | 333-294111 |  |
| 033-75962 | 033-76004 | 333-27337 | 333-130822 | 333-278455 | 333-294112 |  |
| 033-75974 | 033-76018 | 333-56297 | 333-130825 | 333-278456 | 333-294114 |  |
| 033-75980 | 033-79122 | 333-72079 | 333-130826 | 333-278457 | 333-294115 |  |

---

**REGISTRATION STATEMENTS FILED UNDER THE INVESTMENT COMPANY ACT OF 1940:**

811-02512 811-02513 811-04536 811-05906 811-08582 811-09002

I hereby ratify and confirm on this 18<sup>th</sup> day of March, 2026, my signature as it may be signed by my said attorneys to any such registration statements and any and all amendments thereto.

Signature

<u>/s/ Curtis J. Heaser</u>

Curtis J. Heaser, Director and Senior Vice President

POWER OF ATTORNEY

**Pursuant to Item 601(b)(24) of Regulation SK and Rule 462(b) of the Securities Act of 1933**

The undersigned hereby constitutes and appoints the individuals set forth below and each of them individually as my true and lawful attorneys-in-fact, with full power to each of them to act alone, to sign for me and file any instrument or document to be filed as part of or in connection with or in any way related to the registration statement listed below, and any and all amendments thereto, filed with the Securities and Exchange Commission under the Securities Act of 1933 and the Investment Company Act of 1940, as amended, and any documentation, including Form N-8F, necessary to deregister any such registrations associated with the issuance of any such registrations.

**COMPANY:** Voya Retirement Insurance and Annuity Company

---

| | |
|:---|:---|
| **INDIVIDUALS WITH POWER OF ATTORNEY:** | Lombard J. Gasbarro, Tamara Saverine, Ian D. Macleod, and Peter T. Moriarty |

---

**REGISTRATION STATEMENTS FILED UNDER THE SECURITIES ACT OF 1933:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;033-34370 | &nbsp;&nbsp;033-75996 | &nbsp;&nbsp;033-81216 | &nbsp;&nbsp;333-105479 | &nbsp;&nbsp;333-134760 | &nbsp;&nbsp;333-278458 | &nbsp;&nbsp;333-294117 |
| 033-61897 | 033-76002 | 333-207045 | 333-109622 | 333-153730 | 333-278858 | 333-294118 |
| 033-64277 | 033-75988 | 333-01107 | 333-109860 | 333-167182 | 333-288655 | 333-294119 |
| 033-75248 | 033-75992 | 333-09515 | 333-129091 | 333-167680 | 333-294111 |  |
| 033-75962 | 033-76004 | 333-27337 | 333-130822 | 333-278455 | 333-294112 |  |
| 033-75974 | 033-76018 | 333-56297 | 333-130825 | 333-278456 | 333-294114 |  |
| 033-75980 | 033-79122 | 333-72079 | 333-130826 | 333-278457 | 333-294115 |  |

---

**REGISTRATION STATEMENTS FILED UNDER THE INVESTMENT COMPANY ACT OF 1940:**

811-02512 811-02513 811-04536 811-05906 811-08582 811-09002

I hereby ratify and confirm on this 19<sup>th</sup> day of March, 2026, my signature as it may be signed by my said attorneys to any such registration statements and any and all amendments thereto.

Signature

<u>/s/ Andrew J. Stocker</u>

Andrew J. Stocker, Director and Senior Vice President

POWER OF ATTORNEY

**Pursuant to Item 601(b)(24) of Regulation SK and Rule 462(b) of the Securities Act of 1933**

The undersigned hereby constitutes and appoints the individuals set forth below and each of them individually as my true and lawful attorneys-in-fact, with full power to each of them to act alone, to sign for me and file any instrument or document to be filed as part of or in connection with or in any way related to the registration statement listed below, and any and all amendments thereto, filed with the Securities and Exchange Commission under the Securities Act of 1933 and the Investment Company Act of 1940, as amended, and any documentation, including Form N-8F, necessary to deregister any such registrations associated with the issuance of any such registrations.

**COMPANY:** Voya Retirement Insurance and Annuity Company

---

| | |
|:---|:---|
| **INDIVIDUALS WITH POWER OF ATTORNEY:** | Lombard J. Gasbarro, Tamara Saverine, Ian D. Macleod, and Peter T. Moriarty |

---

**REGISTRATION STATEMENTS FILED UNDER THE SECURITIES ACT OF 1933:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;033-34370 | &nbsp;&nbsp;033-75996 | &nbsp;&nbsp;033-81216 | &nbsp;&nbsp;333-105479 | &nbsp;&nbsp;333-134760 | &nbsp;&nbsp;333-278458 | &nbsp;&nbsp;333-294117 |
| 033-61897 | 033-76002 | 333-207045 | 333-109622 | 333-153730 | 333-278858 | 333-294118 |
| 033-64277 | 033-75988 | 333-01107 | 333-109860 | 333-167182 | 333-288655 | 333-294119 |
| 033-75248 | 033-75992 | 333-09515 | 333-129091 | 333-167680 | 333-294111 |  |
| 033-75962 | 033-76004 | 333-27337 | 333-130822 | 333-278455 | 333-294112 |  |
| 033-75974 | 033-76018 | 333-56297 | 333-130825 | 333-278456 | 333-294114 |  |
| 033-75980 | 033-79122 | 333-72079 | 333-130826 | 333-278457 | 333-294115 |  |

---

**REGISTRATION STATEMENTS FILED UNDER THE INVESTMENT COMPANY ACT OF 1940:**

811-02512 811-02513 811-04536 811-05906 811-08582 811-09002

I hereby ratify and confirm on this 27<sup>th</sup> day of March, 2026, my signature as it may be signed by my said attorneys to any such registration statements and any and all amendments thereto.

Signature

<u>/s/ Youssef A. Blal</u>

Youssef A. Blal, Director

POWER OF ATTORNEY

**Pursuant to Item 601(b)(24) of Regulation SK and Rule 462(b) of the Securities Act of 1933**

The undersigned hereby constitutes and appoints the individuals set forth below and each of them individually as my true and lawful attorneys-in-fact, with full power to each of them to act alone, to sign for me and file any instrument or document to be filed as part of or in connection with or in any way related to the registration statement listed below, and any and all amendments thereto, filed with the Securities and Exchange Commission under the Securities Act of 1933 and the Investment Company Act of 1940, as amended, and any documentation, including Form N-8F, necessary to deregister any such registrations associated with the issuance of any such registrations.

**COMPANY:** Voya Retirement Insurance and Annuity Company

---

| | |
|:---|:---|
| **INDIVIDUALS WITH POWER OF ATTORNEY:** | Lombard J. Gasbarro, Tamara Saverine, Ian D. Macleod, and Peter T. Moriarty |

---

**REGISTRATION STATEMENTS FILED UNDER THE SECURITIES ACT OF 1933:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;033-34370 | &nbsp;&nbsp;033-75996 | &nbsp;&nbsp;033-81216 | &nbsp;&nbsp;333-105479 | &nbsp;&nbsp;333-134760 | &nbsp;&nbsp;333-278458 | &nbsp;&nbsp;333-294117 |
| 033-61897 | 033-76002 | 333-207045 | 333-109622 | 333-153730 | 333-278858 | 333-294118 |
| 033-64277 | 033-75988 | 333-01107 | 333-109860 | 333-167182 | 333-288655 | 333-294119 |
| 033-75248 | 033-75992 | 333-09515 | 333-129091 | 333-167680 | 333-294111 |  |
| 033-75962 | 033-76004 | 333-27337 | 333-130822 | 333-278455 | 333-294112 |  |
| 033-75974 | 033-76018 | 333-56297 | 333-130825 | 333-278456 | 333294114 |  |
| 033-75980 | 033-79122 | 333-72079 | 333-130826 | 333-278457 | 333-294115 |  |

---

**REGISTRATION STATEMENTS FILED UNDER THE INVESTMENT COMPANY ACT OF 1940:**

811-02512 811-02513 811-04536 811-05906 811-08582 811-09002

I hereby ratify and confirm on this 18<sup>th</sup> day of March, 2026, my signature as it may be signed by my said attorneys to any such registration statements and any and all amendments thereto.

Signature

<u>/s/ Jay S. Kaduson</u>

Jay S. Kaduson, Director

POWER OF ATTORNEY

**Pursuant to Item 601(b)(24) of Regulation SK and Rule 462(b) of the Securities Act of 1933**

The undersigned hereby constitutes and appoints the individuals set forth below and each of them individually as my true and lawful attorneys-in-fact, with full power to each of them to act alone, to sign for me and file any instrument or document to be filed as part of or in connection with or in any way related to the registration statement listed below, and any and all amendments thereto, filed with the Securities and Exchange Commission under the Securities Act of 1933 and the Investment Company Act of 1940, as amended, and any documentation, including Form N-8F, necessary to deregister any such registrations associated with the issuance of any such registrations.

**COMPANY:** Voya Retirement Insurance and Annuity Company

---

| | |
|:---|:---|
| **INDIVIDUALS WITH POWER OF ATTORNEY:** | Lombard J. Gasbarro, Tamara Saverine, Ian D. Macleod, and Peter T. Moriarty |

---

**REGISTRATION STATEMENTS FILED UNDER THE SECURITIES ACT OF 1933:**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;033-34370 | &nbsp;&nbsp;033-75996 | &nbsp;&nbsp;033-81216 | &nbsp;&nbsp;333-105479 | &nbsp;&nbsp;333-134760 | &nbsp;&nbsp;333-278458 | &nbsp;&nbsp;333-294117 |
| 033-61897 | 033-76002 | 333-207045 | 333-109622 | 333-153730 | 333-278858 | 333-294118 |
| 033-64277 | 033-75988 | 333-01107 | 333-109860 | 333-167182 | 333-288655 | 333-294119 |
| 033-75248 | 033-75992 | 333-09515 | 333-129091 | 333-167680 | 333-294111 |  |
| 033-75962 | 033-76004 | 333-27337 | 333-130822 | 333-278455 | 333-294112 |  |
| 033-75974 | 033-76018 | 333-56297 | 333-130825 | 333-278456 | 333-294114 |  |
| 033-75980 | 033-79122 | 333-72079 | 333-130826 | 333-278457 | 333-294115 |  |

---

**REGISTRATION STATEMENTS FILED UNDER THE INVESTMENT COMPANY ACT OF 1940:**

811-02512 811-02513 811-04536 811-05906 811-08582 811-09002

I hereby ratify and confirm on this 25<sup>th</sup> day of March, 2026, my signature as it may be signed by my said attorneys to any such registration statements and any and all amendments thereto.

Signature

<u>/s/ Neha Jha</u>

Neha Jha, Director