# EDGAR Filing Document

**Accession Number:** 0001037155
**File Stem:** 0001104659-26-047851
**Filing Date:** 2026-4
**Character Count:** 37278
**Document Hash:** 15da012ff1547c77217947e9ab9be079
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-047851.hdr.sgml**: 20260423

**ACCESSION NUMBER**: 0001104659-26-047851

**CONFORMED SUBMISSION TYPE**: N-VP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260423

**DATE AS OF CHANGE**: 20260423

**EFFECTIVENESS DATE**: 20260423

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VARIABLE ANNUITY I SER ACC OF GRT WEST LI & ANNU INS CO OF NY
- **CENTRAL INDEX KEY:** 0001037155

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

**FILING VALUES:**
- **FORM TYPE:** N-VP
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-130820
- **FILM NUMBER:** 26889634

**BUSINESS ADDRESS:**
- **STREET 1:** 370 LEXINGTON AVENUE
- **STREET 2:** SUITE 703
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** (800) 537-2033

**MAIL ADDRESS:**
- **STREET 1:** 370 LEXINGTON AVENUE
- **STREET 2:** SUITE 703
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VARIABLE ANNUITY I SER ACC OF FIR GRT WEST LI & ANNU INS CO
- **DATE OF NAME CHANGE:** 19970403

## Series and Classes Contracts Data

### Variable Annuity 1 Series Account of New York (Series ID: S000011536)

| Class ID   | Class Name                                                    | Ticker Symbol   |
|:---|:---|:---|
| C000031798 | Variable Annuity 1 Series Account of New York - Schwab Select |  |

[**TABLE OF CONTENTS**](#TOCtm263033d9_nvp)

#### ANNUAL NOTICE

#### May 1, 2026

---

| | |
|:---|:---|
| ***Schwab Select Annuity®***  | *Empower Life & Annuity Insurance Company of New York<br>Variable Annuity-1 Series Account<br>P.O. Box 1854 <br>Birmingham, Alabama 35201-1854 <br>Telephone: 1-800-838-0650 <br>www.protective.com*  |

---

This Annual Notice for the Schwab Select Annuity®, a flexible premium deferred variable annuity contract (the "Contract") issued by Empower Life & Annuity Insurance Company of New York, provides certain updated information about your Contract since May 1, 2025. In addition, this Annual Notice provides key information about your Contract that you should review, including a current list of Portfolios available under your Contract. Please read this Annual Notice carefully and retain it with your Contract prospectus for future reference.

The most recent prospectus for the Contract, dated May 1, 2012, (the "Prospectus") and supplements to the Prospectus contain more information about the Contract, including its features, benefits, and risks. You can find updated financial statements for Variable Annuity-1 Series Account and for Empower Life & Annuity Insurance Company of New York, prospectuses for the Portfolios listed in the appendix, and other information about the Contract online at www.protective.com/productprospectus. You can also obtain this information at no cost by calling 1-800-838-0650 or by sending an email request to prospectus@protective.com.

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

Empower Life & Annuity Insurance Company of New York's obligations under the Contract are subject to its financial strength and claims-paying ability.

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

#### The SEC has not approved or disapproved these securities or passed upon the adequacy of this Annual

#### Notice. Any representation to the contrary is a criminal offense.
Registration No. 333-130820

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[**TABLE OF CONTENTS**](#TOCtm263033d9_nvp)

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| [SPECIAL TERMS](#idSPECIALTERM8432tm263033d9_nvp)  | [3](#idSPECIALTERM8432tm263033d9_nvp)  |
| [UPDATED INFORMATION ABOUT YOUR CONTRACT](#idUPDATEDINFO3933tm263033d9_nvp)  | [4](#idUPDATEDINFO3933tm263033d9_nvp)  |
|  [IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT](#idIMPORTANTIN19110tm263033d9_nvp)  | [5](#idIMPORTANTIN19110tm263033d9_nvp)  |

---

 [APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT](#idAPPENDIXINV55646tm263033d9_nvp)<sub>8</sub>

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[**TABLE OF CONTENTS**](#TOCtm263033d9_nvp)

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

**Annuitant** The person named in the application upon whose life the payout of an annuity is based and who will receive annuity payouts. If a Contingent Annuitant is named, the Annuitant will be considered the primary Annuitant ("Primary Annuitant.")

**Annuity Account** An account established by us in your name that reflects all account activity under your Contract.

**Annuity Account Value** The sum of all the investment options credited to your Annuity Account - less partial withdrawals, amounts applied to an annuity payout option, periodic withdrawals, charges deducted under the Contract, and Premium Tax, if any.

**Beneficiary** The person(s) designated to receive any Death Benefit under the terms of the Contract.

**Contingent Annuitant** The person you may name in the application who becomes the Annuitant when the Primary Annuitant dies. The Contingent Annuitant must be designated before the death of the Primary Annuitant.

**Contract** The Schwab Select Variable Annuity, a flexible premium, deferred, variable and fixed annuity contract.

**Contributions** The amount of money you invest or deposit into your annuity prior to any Premium Tax or other deductions.

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

**Guaranteed Period Fund** A fixed investment option which pays a stated rate of interest for a specified time period. The Guaranteed Period Fund is no longer offered as an investment option.

**Owner (Joint Owner) or You** The person(s) named in the application who is entitled to exercise all rights and privileges under the Contract, while the Annuitant is living. Joint Owners must be husband and wife as of the date the Contract is issued. The Annuitant will be the Owner unless otherwise indicated in the application. If a Contract is purchased in connection with an IRA, the Owner and the Annuitant must be the same individual and a Joint Owner is not allowed.

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

**Premium Tax** A tax charged by a state or other governmental authority that might be assessed at the time you make a Contribution, make withdrawals, or when annuity payments begin. Currently, the Premium Tax rate in New York for annuities is 0% given the total mix of First GWL&A's business in New York.

**Primary Annuitant** See Annuitant, above; if a Contingent Annuitant is named in the application, the Primary Annuitant receives paymentsbased on the applicable payout option during his/her lifetime and payments continue, after the death of the Primary Annuitant, for the life ofthe surviving Contingent Annuitant.

**Series Account** Variable Annuity-1 Series Account, the segregated asset account of First GWL&A established under New York law and registered as a unit investment trust under the Investment Company Act of 1940, as amended (the "1940 Act").

**Sub-Account** A division of the Series Account containing the shares of a Portfolio. There is a Sub-Account for each Portfolio. A Sub-Account may be also referred to as an "investment division" in the Prospectus, SAI, or Series Account financial statements.

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[**TABLE OF CONTENTS**](#TOCtm263033d9_nvp)

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

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The BNY Mellon Variable Investment Fund: Opportunistic Small Cap Portfolio changed its name to the BNY Mellon Variable Investment Fund: Small Cap Portfolio.

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

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

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

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

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

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

---

| | |
|:---|:---|
| **FEES, EXPENSES, AND ADJUSTMENTS** | **FEES, EXPENSES, AND ADJUSTMENTS** |
| **Are There Charges or Adjustments for Early Withdrawals?** | **No. The Contract does not include charges for early withdrawals.** |
| **Are There Transaction Charges?** | **Yes.** You may be assessed a fee for each transfer after the first 12 transfers in a Contract Year.<br> For more information about transaction charges, see "FEE TABLE - Contract Owner Transaction Expenses" and "Charges and Deductions" in the Prospectus. |
| **Are There Ongoing Fees and Expenses?** | **Yes.** The table below describes the fees and expenses that you may pay *each year*, depending on the options you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected. |

---

---

| | | |
|:---|:---|:---|
| **Annual Fee**  | **Minimum**  | **Maximum**  |
| Base contract <sup>(1)</sup> | 0.86% | 0.86% |
| Investment options (Portfolio fees and expenses) <sup>(2)</sup> | 0.03% | 1.90% |
| Optional benefits available for an additional charge (for a single optional benefit, if elected) |  |  |

---

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

*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We calculate the Base Contract fee by dividing the total amount we receive from the annual contract maintenance fee, the mortality and expense risk charge, and the administration charge for the last fiscal year by the total average net assets attributable to the Contracts for that year. (See "Fee Tables" and "Charges and Deductions").* 

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

 *As a percentage of Portfolio assets.* 

Because your Contract is customizable, the options you choose can 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*, based on current charges. These estimates assume that you do not take any withdrawals from the Contract.

---

| | |
|:---|:---|
| **Lowest Annual Cost:<br>$927**  | **Highest Annual Cost:<br>$2,740**  |
| Assumes: | Assumes: |
| &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment of $100,000 <br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5% annual appreciation<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Least expensive combination of Base Contract fee and Portfolio fees and expenses<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No optional benefits<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No additional Contributions, transfers or withdrawals<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No sales charges<br>| &nbsp;&nbsp;&nbsp; • &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment of $100,000<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5% annual appreciation<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Most expensive combination of Base Contract fee, optional benefits and Portfolio fees and expenses<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No additional Contributions, transfers, or withdrawals<br>• &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No sales charges<br>|

---

For additional information about annual charges, please see, "FEE TABLE" and "Charges and Deductions" in the Prospectus.

---

| | |
|:---|:---|
| **RISKS** | **RISKS** |
| **Is There a Risk of Loss from Poor Performance?** | **Yes. You can lose money by investing in this Contract, including loss of principal.<br> For additional information about the risk of loss, see "First Great-West Life & Annuity Insurance Company", "The Series Account" and "The Portfolios" in the Prospectus.**  |

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[**TABLE OF CONTENTS**](#TOCtm263033d9_nvp)

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| | |
|:---|:---|
| **RISKS** | **RISKS** |
| **Is This a Short-Term Investment?** | **No.** This Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. Although you are permitted to take withdrawals or surrender the Contract, federal and state income taxes may apply.<br> Withdrawals will reduce your contract value and death benefit. <br> The benefits of tax deferral and living benefit protections also mean the Contract is less beneficial to investors with a short time horizon.<br> For additional information about the investment profile of the Contract, see "Charges and Deductions", "Federal Tax Matters", and "Seek Tax Advice" in the Prospectus. |
| **What Are the Risks Associated with Investment Options?** | An investment in this 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.<br> Each Investment Option (including the Guaranteed Period Fund) has its own unique risks.<br> You should review the prospectuses for the available Portfolios and consult with your financial professional before making an investment decision.<br> For additional information about the risks associated with Investment Options, see "The Portfolios" in the Prospectus. |
| **What Are the Risks Related to the Insurance Company?** | An investment in the Contract is subject to the risks related to the Company. Any obligations (including under the Guaranteed Account), guarantees, or benefits under the Contract are subject to the claims-paying ability of the Company. More information about the Company, including its financial strength ratings, is available upon request at no charge by calling us at 1-800-838-0650 or writing us at the address shown on the cover page.<br> For additional information about Company risks, see "First Great-West Life & Annuity Insurance Company" in the Prospectus. |

---

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| | |
|:---|:---|
| **RESTRICTIONS** | **RESTRICTIONS** |
| **Are There Restrictions on the Investment Options?** | **Yes.** We reserve the right to remove or substitute Portfolios as Investment Options that are available under the Contract. We also reserve the right to restrict the allocation of additional Contributions and/or transfers of contract value to a Portfolio if we determine the Portfolio no longer meets one or more of our Portfolio selection criteria and/or if a Portfolio has not attracted significant contract owner assets.<br> For additional information about Investment Options, see "Charges and Deductions", "Addition, Deletion, or Substitution" and "The Portfolios" in the Prospectus. |
| **Are There Any Restrictions on Contract Benefits?** | **No. There are no optional benefits under the Contract.** |

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| | |
|:---|:---|
| **TAXES** | **TAXES** |
| **What Are the Contract's Tax Implications?** | You should consult with a qualified tax advisor regarding the federal tax implications of an investment in, payments received under, and other transactions in connection with this Contract.<br> If you purchase the Contract through a tax-qualified plan or individual retirement arrangement (IRA), you do not get any additional tax deferral. Generally, all earnings on the investments underlying the Contract are tax-deferred until distributed or deemed distributed. A distribution from a non-qualified Contract, which includes a surrender, withdrawal, payment of a death benefit, or annuity income payments, will generally result in taxable income if there has been an increase in the contract value. In the case of a qualified Contract, a distribution generally will result in taxable income even if there has not been an increase in the contract value. In certain circumstances, a 10% additional tax may also apply if the Owner takes a withdrawal before age 59½. All amounts includable in income with respect to the Contract are taxed as ordinary income; no amounts are taxed at the special lower rates applicable to long term capital gains and corporate dividends.<br> For additional information about tax implications, see "Seek Tax Advice", "Federal Tax Matters", and "Tax Consequences of Withdrawals" in the Prospectus. |

---

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| | |
|:---|:---|
| **CONFLICTS OF INTEREST** | **CONFLICTS OF INTEREST** |
| **How Are Investment Professionals Compensated?** | We pay eligible broker/dealers compensation for the promotion and sale of the Contract. Compensation paid to eligible broker/dealers is not paid directly by the Owner or the Series Account. The Company intends to fund this compensation through a number of sources, such as fees and charges imposed under the Contract and payable to the Company, and from profits on payments received by the Company from Portfolios' advisers or administrators for providing administrative, marketing, and other support and services to the Portfolios.<br> For additional information about compensation, see "Distribution of the Contracts" and "Expenses of the Portfolios" in the Prospectus. |
| **Should I Exchange My Contract?** | Some investment professionals may have a financial incentive to offer you a new contract in place of the contract you already own. You should only exchange your current contract if you determine, after comparing the features, fees, and risks of both contracts, that it is better for you to purchase the new contract rather than continue to own your existing contract.<br> For additional information about exchanges, see "Seek Tax Advice" in the Prospectus. |

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#### APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT
The following is a list of Portfolios available under the Contract. More information about the Portfolios is available in the prospectuses for the Portfolios, which may be amended from time to time and can be found online at www.protective.com/eprospectus. You can also request this information at no cost by calling 800-838-0650 or by sending an email request to prospectus@protective.com. Depending on the optional benefits you choose, you may not be able to invest in certain Portfolios.

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

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*<sup>(2)</sup>** | **Net <br>Annual <br>Expenses – <br>Current <br>Expenses** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*<sup>(2)</sup>** | **Net <br>Annual <br>Expenses – <br>Current <br>Expenses** | **1 Year**  | **5 Year**  | **10 Year**  |
| U.S. Equity | AB Variable Products Series Fund, Inc. - Discovery Value Portfolio - Class A - AllianceBernstein L.P. | 0.82% | 2.89% | 8.75% | 8.55% |
| International <br>Equity | AB Variable Products Series Fund, Inc. - International Value Portfolio - Class A - AllianceBernstein L.P.  | 0.92% | 41.70% | 10.47% | 6.64% |
| U.S. Equity | AB Variable Products Series Fund, Inc. - Large Cap Growth Portfolio - Class A - AllianceBernstein L.P. | 0.65% | 13.13% | 12.04% | 16.17% |
| U.S. Equity | AB Variable Products Series Fund, Inc. - Relative Value Portfolio - Class A - AllianceBernstein L.P. <sup>(1)</sup> | 0.59% | 10.47% | 11.42% | 10.57% |
| U.S. Equity | Alger Large Cap Growth Portfolio - Class I-2 <sup>(1)</sup> | 0.85% | 30.27% | 11.42% | 10.57% |
| U.S. Equity | Alger Mid Cap Growth Portfolio - Class I-2 <sup>(1)</sup> | 0.92% | 16.77% | 3.01% | 11.68% |
| U.S. Equity | Allspring VT Opportunity Fund - Class 2 <sup>(1)</sup> | 1.00% | 6.71% | 8.94% | 11.85% |
| U.S. Equity | BNY Mellon Investment Portfolios: MidCap Stock Portfolio - Initial Shares - *Newton Investment Management North America, LLC*<sup>(1) (2)</sup> | 0.80% | 10.07% | 9.67% | 8.78% |
| U.S. Equity | BNY Mellon Variable Investment Fund: Appreciation Portfolio - Initial Shares - *Fayez Sarofim & Company* | 0.85% | 10.07% | 9.37% | 12.92% |
| U.S. Equity | BNY Mellon Variable Investment Fund: Growth and Income Portfolio - Initial Shares - *Newton Investment Management North America, LLC*<sup>(1)</sup> | 0.70% | 16.83% | 14.22% | 14.66% |
| U.S. Equity | BNY Mellon Variable Investment Fund: Small Cap Portfolio - Initial Shares - *Newton Investment Management North America, LLC*(formerly, BNY Mellon Variable Investment Fund: Opportunistic Small Cap Portfolio)  | 0.83% | 10.99% | 4.26% | 7.83% |
| U.S. Equity | Columbia Variable Portfolio - Cornerstone Growth Fund - Class 2 (formerly, Columbia Variable Portfolio - Large Cap Growth Fund)  | 0.97% | 15.85% | 13.75% | 15.69% |
| Sector Equity | Columbia Variable Portfolio - Seligman Global Technology Fund - Class 2 <sup>(1)</sup> | 1.18% | 34.37% | 18.42% | 22.70% |
| U.S. Equity | Columbia Variable Portfolio - Small Cap Value Discovery Fund - Class 2 (formerly, Columbia Variable Portfolio - Small Cap Value Fund) <sup>(1)</sup> | 1.13% | 14.66% | 12.19% | 11.20% |
| U.S. Equity | DWS Capital Growth VIP - Class A | 0.49% | 12.53% | 10.92% | 15.29% |
| U.S. Equity | DWS Core Equity VIP - Class A | 0.59% | 16.83% | 13.27% | 13.53% |
| U.S. Equity | DWS CROCI® U.S. VIP - Class A <sup>(1)</sup> | 0.71% | 17.19% | 12.30% | 8.17% |
| U.S. Equity | *DWS Small Cap Index VIP - Class A - Northern Trust Investments, Inc.<sup>(1)</sup>* | 0.37% | 12.64% | 5.84% | 9.33% |
| U.S. Equity | DWS Small Mid Cap Value VIP - Class A <sup>(1)</sup> | 0.80% | 18.21% | 9.66% | 7.57% |
| Taxable Bond | Federated Hermes Fund for US Government Securities II - Primary Class <sup>(1)</sup> | 0.78% | 6.80% | -0.84% | 1.06% |
| Allocation | Federated Hermes Managed Volatility Fund II - Primary Class <sup>(1) (2)</sup> | 0.97% | 7.03% | 6.56% | 6.85% |
| U.S. Equity | Franklin Small Cap Value VIP Fund - Class 2 <sup>(1)</sup> | 0.91% | 7.65% | 8.86% | 9.81% |
| U.S. Equity | Invesco<sup>®</sup> V.I. Comstock Fund - Series I | 0.75% | 17.45% | 15.43% | 11.95% |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*<sup>(2)</sup>** | **Net <br>Annual <br>Expenses – <br>Current <br>Expenses** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*<sup>(2)</sup>** | **Net <br>Annual <br>Expenses – <br>Current <br>Expenses** | **1 Year**  | **5 Year**  | **10 Year**  |
| U.S. Equity | Invesco<sup>®</sup> V.I. Core Equity Fund - Series I <sup>(2)</sup> | 0.80% | 16.17% | 12.81% | 11.73% |
| International <br>Equity | Invesco<sup>®</sup> V.I. EQV International Equity Fund - Series I  | 0.90% | 16.50% | 3.68% | 6.22% |
| International <br>Equity | Invesco<sup>®</sup> V.I. Global Fund - Series I | 0.81% | 15.32% | 7.28% | 11.00% |
| U.S. Equity | Invesco<sup>®</sup> V.I. Growth and Income Fund - Series I | 0.75% | 15.62% | 12.85% | 10.73% |
| U.S. Equity | Invesco<sup>®</sup> V.I. High Yield Fund - Series I <sup>(2)</sup> | 0.92% | 6.73% | 3.64% | 4.83% |
| U.S. Equity | Invesco<sup>®</sup> V.I. Main Street Mid Cap Fund<sup>®</sup> - Series I | 0.94% | 9.19% | 9.11% | 9.35% |
| U.S. Equity | Invesco<sup>®</sup> V.I. Small Cap Equity Fund - Series I | 0.96% | 8.05% | 7.32% | 9.55% |
| Allocation | Janus Henderson Balanced Portfolio - Institutional Shares <sup>(2)</sup> | 0.62% | 15.11% | 8.48% | 10.14% |
| Allocation | Janus Henderson Balanced Portfolio - Service Shares | 0.87% | 14.82% | 8.21% | 9.86% |
| Taxable Bond | Janus Henderson Flexible Bond Portfolio - Institutional Shares <sup>(1) (2)</sup> | 0.57% | 7.40% | -0.23% | 2.32% |
| Taxable Bond | Janus Henderson Flexible Bond Portfolio - Service Shares <sup>(1)</sup> | 0.82% | 7.22% | -0.47% | 2.07% |
| International <br>Equity | Janus Henderson Global Research Portfolio - Institutional Shares | 0.82% | 20.92% | 12.51% | 12.93% |
| International <br>Equity | Janus Henderson Overseas Portfolio - Institutional Shares <sup>(2)</sup> | 0.72% | 28.87% | 9.44% | 9.24% |
| International <br>Equity | Janus Henderson Overseas Portfolio - Service Shares | 0.96% | 28.58% | 9.17% | 8.97% |
| U.S. Equity | Janus Henderson Research Portfolio - Institutional Shares <sup>(2)</sup> | 0.82% | 18.39% | 14.11% | 15.88% |
| International Equity | Lazard Retirement Emerging Markets Equity Portfolio - Service Shares <sup>(1)</sup> | 1.38% | 41.77% | 10.76% | 9.35% |
| Allocation | LVIP American Century Balanced Fund - Standard Class II - Lincoln Financial Investments Corporation <sup>(1)</sup> | 0.77% | 9.62% | 6.49% | 8.03% |
| International <br>Equity | LVIP American Century International Fund - Standard Class II - Lincoln Financial Investments Corporation <sup>(1)</sup> | 0.95% | 15.98% | 1.85% | 6.42% |
| U.S. Equity | LVIP American Century Mid Cap Value Fund - Service Class - Lincoln Financial Investments Corporation <sup>(1)</sup> | 1.01% | 8.83% | 8.72% | 8.96% |
| U.S. Equity | LVIP American Century Value Fund - Standard Class II - Lincoln Financial Investments Corporation <sup>(1)</sup> | 0.71% | 16.02% | 11.65% | 10.23% |
| U.S. Equity | LVIP Baron Growth Opportunities Fund - Service Class - Lincoln Financial Investments Corporation - *BAMCO Inc.*<sup>(1)</sup> | 1.15% | -10.08% | -0.33% | 8.78% |
| U.S. Equity | LVIP Nomura SMID Cap Core Fund - Standard Class - Lincoln Financial Investments Corporation (formerly, LVIP Macquarie SMID Cap Core Fund - Standard Class) <sup>(1)</sup> | 0.80% | 8.85% | 9.10% | 9.65% |
| International <br>Equity | MFS® VIT II International Intrinsic Equity Portfolio - Service Class - Massachusetts Financial Services Company (formerly, MFS® VIT II International Instrinsic Value Portfolio) <sup>(1)</sup> | 1.14% | 32.96% | 7.02% | 9.68% |
| Sector Equity | MFS® VIT Utilities Series - Service Class - Massachusetts Financial Services Company <sup>(1)</sup> | 1.03% | 14.76% | 7.38% | 9.22% |
| U.S. Equity | Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio - Class S <sup>(1) (2)</sup> | 1.10% | 11.34% | 9.83% | 7.51% |
| U.S. Equity | Nomura VIP Small Cap Value Series - Standard Class - Delaware Management Company, a series of Nomura Investment Management Business Trust (formerly, Macquarie VIP Small Cap Value Series - Standard Class) | 0.74% | 8.16% | 9.26% | 9.15% |

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[**TABLE OF CONTENTS**](#TOCtm263033d9_nvp)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*<sup>(2)</sup>** | **Net <br>Annual <br>Expenses – <br>Current <br>Expenses** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |  ***Average Annual Total Returns <br>(as of 12/31/2025)*** |
| **Asset <br>Allocation <br>Type** | **Portfolio Company - Investment Adviser; <br>*Sub-Adviser(s), as applicable*<sup>(2)</sup>** | **Net <br>Annual <br>Expenses – <br>Current <br>Expenses** | **1 Year**  | **5 Year**  | **10 Year**  |
| U.S. Equity | NVIT Mid Cap Index Fund - Class II - Nationwide Fund Advisors - *BlackRock Investment Management, LLC* | 0.66% | 6.82% | 8.47% | 10.06% |
| Taxable Bond | PIMCO VIT High Yield Portfolio - Administrative Class - Pacific Investment Management Company LLC | 0.81% | 8.95% | 3.97% | 5.57% |
| Taxable Bond | PIMCO VIT Low Duration Portfolio - Administrative Class - Pacific Investment Management Company LLC | 0.66% | 5.52% | 1.57% | 1.79% |
| Taxable Bond | PIMCO VIT Total Return Portfolio - Administrative Class - Pacific Investment Management Company LLC | 0.73% | 8.89% | 0.02% | 2.36% |
| U.S. Equity | PSF PGIM Jennison Blend Portfolio - Class II <sup>(1)</sup> | 0.86% | 18.05% | 11.88% | 13.50% |
| Sector Equity | *Putnam VT Global Health Care Fund - Class IB - Franklin Advisers, Inc.; The Putnam Advisory Company, LLC; Franklin Templeton Investment Management Limited* | 1.00% | 15.05% | 7.71% | 8.36% |
| U.S. Equity | *Putnam VT Large Cap Value Fund - Class IB - Frankin Advisers, Inc.; Franklin Templeton Investment Management Limited* | 0.79% | 20.35% | 15.38% | 13.30% |
| Taxable Bond | *Putnam VT Mortgage Securities Fund - Class IB - Franklin Advisers, Inc. - Putnam Investment Management, LLC; Franklin Templeton Investment Management Limited<sup>(1)</sup>* | 0.75% | 9.09% | 0.83% | 1.62% |
| U.S. Equity | Royce Capital Small-Cap Portfolio - Service Class | 1.44% | 8.73% | 10.40% | 7.63% |
| Money Market | Schwab® Government Money Market Portfolio<sup>TM</sup> | 0.27% | 4.11% | 3.09% | 1.96% |
| U.S. Equity | Schwab® S&P 500 Index Portfolio | 0.03% | 17.83% | 14.38% | 14.75% |
| International <br>Equity | Templeton Foreign VIP Fund - Class 2 <sup>(1)</sup> | 1.08% | 29.19% | 8.25% | 5.75% |
| International <br>Equity | Third Avenue Value Portfolio<sup>(1) (2)</sup> | 1.30% | 34.85% | 17.68% | 9.66% |
| Taxable Bond | *Touchstone VST Bond Fund - Class I - Fort Washington Investment Advisors, Inc.<sup>(1)</sup>* | 0.62% | 7.63% | -0.14% | 2.13% |
| U.S. Equity | *Touchstone VST Common Stock Fund - Class I - Fort Washington Investment Advisors, Inc.<sup>(1)</sup>* | 0.73% | 17.83% | 13.80% | 14.20% |
| U.S. Equity | *Touchstone VST Common Stock Fund - Class SC - Fort Washington Investment Advisors, Inc.* | 0.92% | 17.65% | 13.58% | 13.93% |
| U.S. Equity | *Touchstone VST Small Company Fund - Class I - Fort Washington Investment Advisors, Inc.<sup>(1)</sup>* | 0.76% | 9.72% | 9.10% | 11.37% |
| Taxable Bond | VanEck® VIP Emerging Markets Bond Fund - Initial Class <sup>(1)</sup> | 1.10% | 18.49% | 3.91% | 5.24% |
| U.S. Equity | Victory Pioneer Fund VCT Portfolio - Class I | 0.75% | 23.35% | 14.98% | 15.75% |
| U.S. Equity | Victory Pioneer Mid Cap Value VCT Portfolio - Class II  | 1.01% | 10.86% | 10.88% | 8.73% |
| U.S. Equity | Victory Pioneer Select Mid Cap Growth VCT Portfolio - Class I  | 0.86% | 20.47% | 5.73% | 11.93% |

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<sup>(1)</sup> <br>

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

<sup>(2)</sup> <br>

 *Please contact us if you any have questions about fund/portfolio availability.* 

The following is information for the fixed option available under the Contract. We may change the features of the fixed option listed below, offer new fixed options, and terminate an existing fixed option. We will provide you with written notice before doing so.

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[**TABLE OF CONTENTS**](#TOCtm263033d9_nvp)

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| | | |
|:---|:---|:---|
| **Name**  | **Term**  | **Minimum Guaranteed <br>Interest Rate** |
| Guarantee Period Fund\*  | 1 to 10 Years | 1% |

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\***This is no longer offered, new contributions or transfers into this option are not accepted.**

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[**TABLE OF CONTENTS**](#TOCtm263033d9_nvp)

Please retain this Annual Notice for future reference. The last Prospectus and Statement of Additional Information for this Contract, dated May 1, 2012, contains more information about the Contract. The SAI may be obtained, free of charge, in the same manner as the Prospectus.

EDGAR Contract Identifier: C000031798

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