Annual Fee
|
Minimum
|
Maximum
|
Base Contract (1)
|
1.18%
|
1.18%
|
Investment Options (Fund fees and expenses) (2) |
0.35%
|
1.56%
|
Optional benefits available for an additional charge (for a single optional benefit, if elected) |
0.20% (3) |
1.50% (4)
|
Lowest Annual Cost: $1,207
|
Highest Annual Cost: $4,821
|
Assumes:
|
Assumes:
|
●
Investment of $100,000
●
5% annual appreciation
●
Least expensive combination of Fund fees and expenses
●
No optional benefits
●
No additional Purchase Payments, transfers or withdrawals
●
No sales charges
|
●
Investment of $100,000
●
5% annual appreciation
●
Most expensive combination of optional benefits and Fund fees and expenses
●
No additional Purchase Payments, transfers or withdrawals
●
No sales charges
|
Return of Purchase Payments Death Benefit Fee (as an annualized percentage of the death benefit value on each Monthly Anniversary Date, beginning on the 1st Monthly Anniversary Date)
|
0.20%
|
Maximum Anniversary Value Death Benefit Fee (as an annualized percentage of the death benefit value on each Monthly Anniversary Date, beginning on the 1st Monthly Anniversary Date)
|
0.35%
|
Maximum Quarterly Value Death Benefit Fee (as an annualized percentage of the death benefit value on each Monthly Anniversary Date, beginning on the 1st Monthly Anniversary Date)
|
0.40%
|
Purchase of SecurePay Income rider at Contract Purchase (as an annualized percentage of the Benefit Base)
|
1.50%
|
Purchase of SecurePay Income rider under RightTime (as an annualized percentage of the Benefit Base)
|
1.50%
|
Age of (Younger) Covered Person on the Benefit Election Date
|
(One Covered Person)
Withdrawal Percentage (as a percentage of the Benefit Base)
|
(Two Covered Persons)
Withdrawal Percentage (as a percentage of the Benefit Base)
|
|
|
||
59.5
|
5.10%
|
4.60%
|
|
|
||
61
|
5.15%
|
4.65%
|
|
|
||
62
|
5.25%
|
4.75%
|
|
|
||
63
|
5.60%
|
5.10%
|
|
|
||
64
|
5.85%
|
5.35%
|
|
|
||
65
|
6.00%
|
5.50%
|
|
|
||
66
|
6.05%
|
5.55%
|
|
|
||
67
|
6.10%
|
5.60%
|
|
|
||
68
|
6.15%
|
5.65%
|
|
|
||
69
|
6.20%
|
5.70%
|
|
|
||
70
|
6.40%
|
5.90%
|
|
|
||
71
|
6.45%
|
5.95%
|
|
|
||
72
|
6.50%
|
6.00%
|
|
|
||
73
|
6.55%
|
6.05%
|
|
|
||
74
|
6.60%
|
6.10%
|
|
|
||
75
|
6.65%
|
6.15%
|
|
|
||
76
|
6.70%
|
6.20%
|
|
|
||
77
|
6.75%
|
6.25%
|
|
|
||
78
|
6.80%
|
6.30%
|
|
|
||
79
|
6.85%
|
6.35%
|
|
|
||
80
|
6.90%
|
6.40%
|
|
|
||
81
|
6.95%
|
6.45%
|
|
|
||
82
|
7.00%
|
6.50%
|
|
|
||
83
|
7.05%
|
6.55%
|
|
|
||
84
|
7.10%
|
6.60%
|
|
|
||
85
|
7.15%
|
6.65%
|
|
|
||
86
|
7.20%
|
6.70%
|
|
|
||
87
|
7.25%
|
6.75%
|
|
|
||
88
|
7.30%
|
6.80%
|
|
|
||
89
|
7.35%
|
6.85%
|
|
|
||
90+
|
7.40%
|
6.90%
|
|
|
|
Protective Dimensions V Variable Annuity
|
| |
Protective Life Insurance Company
Protective Variable Annuity Separate Account P.O. Box 10648 Birmingham, Alabama 35202‑0648 Telephone: 1‑800‑456‑6330 Fax: 205‑268‑6479 www.protective.com |
|
| | | | ||
| | | | ||
| | | |
|
FEES AND EXPENSES
|
| |||
|
Charges for Early Withdrawals
|
| |
If you surrender or make a withdrawal from your Contract within seven (7) years following your last Purchase Payment and before the Annuity Date, you will be assessed a surrender charge of up to 7% on the amount of the withdrawal minus the annual free withdrawal amount. The surrender charge percentage is based on the cumulative Purchase Payments as of the date each Purchase Payment is made, and declines to 0% over seven (7) years.
For example, assume you purchased a Contract with a single Purchase Payment of $100,000 and surrender the Contract during the first Contract Year. Your free withdrawal amount is $10,000 (10% x $100,000) and is not subject to a surrender charge. If you were subject to the highest surrender charge percentage, you could be assessed a withdrawal charge of up to $6,300 (7% x $90,000) on the remaining amount of your surrender request. However, because the actual surrender charge percentage will be based on your cumulative Purchase Payments, a lower surrender charge percentage would apply and a lower surrender charge assessed.
For additional information about charges for surrenders and early withdrawals, see “CHARGES AND DEDUCTIONS – Surrender Charge (Contingent Deferred Sales Charge)” in the Prospectus.
|
|
|
Transaction Charges
|
| |
In addition to surrender charges, you may also be assessed a fee for each transfer after the first 12 transfers in a Contract Year.
For additional information about transaction charges, see “FEE TABLE – Transaction Expenses” and “CHARGES AND DEDUCTIONS” in the Prospectus.
|
|
|
Ongoing Fees and Expenses (annual charges)
|
| | 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 (1) | | |
1.18%
|
| |
1.18%
|
|
| Investment options (Fund fees and expenses) (2) | | |
0.35%
|
| |
1.56%
|
|
| Optional benefits available for an additional charge (for a single optional benefit, if elected) | | |
See Rate
Sheet Prospectus Supplement (3) |
| |
See Rate
Sheet Prospectus Supplement (4) |
|
|
Lowest Annual Cost:
See Rate Sheet Prospectus Supplement |
| |
Highest Annual Cost:
See Rate Sheet Prospectus Supplement |
|
| Assumes: | | | Assumes: | |
|
•
Investment of $100,000
•
5% annual appreciation
•
Least expensive combination of Base Contract fee and Fund fees and expenses
•
No optional benefits
•
No additional Purchase Payments, transfers or withdrawals
•
No sales charges
|
| |
•
Investment of $100,000
•
5% annual appreciation
•
Most expensive combination of Base Contract fee, optional benefits and Fund fees and expenses
•
No additional Purchase Payments, transfers, or withdrawals
•
No sales charges
|
|
|
RISKS
|
| |||
|
Risk of Loss
|
| |
You can lose money by investing in this Contract, including loss of principal.
For additional information about the risk of loss, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT” in the Prospectus.
|
|
|
Not a Short-Term Investment
|
| |
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, surrender charges and federal and state income taxes may apply.
Surrender charges may apply for up to seven (7) years following your last Purchase Payment. Withdrawals will reduce your Contract Value and death benefit.
The benefits of tax deferral and living benefit protections also mean the Contract is less beneficial to investors with a short time horizon.
For additional information about the investment profile of the Contract, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT,” “CHARGES AND DEDUCTIONS,” ”FEDERAL TAX MATTERS,” and “TAXATION OF ANNUITIES IN GENERAL” in the Prospectus.
|
|
|
RISKS
|
| |||
|
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.
Each Investment Option (including the Guaranteed Account) has its own unique risks.
You should review the prospectuses for the available Funds and consult with your financial professional before making an investment decision.
For additional information about the risks associated with Investment Options, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT” in the Prospectus.
|
|
|
Insurance Company Risks
|
| |
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 1-800-456-6330 or writing us at the address shown on the cover page.
For additional information about Company risks, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT,” and “THE COMPANY, VARIABLE ACCOUNT AND FUNDS” in the Prospectus.
|
|
|
RESTRICTIONS
|
| |||
|
Investments
|
| |
Currently, there is no charge when you transfer Contract Value among Investment Options. However, we reserve the right to charge $25 for each transfer after the first 12 transfers in any Contract Year in the future.
We reserve the right to remove or substitute Funds as Investment Options that are available under the Contract. We also reserve the right to restrict the allocation of additional Purchase Payments and/or transfers of Contract Value to a Fund if we determine the Fund no longer meets one or more of our Fund selection criteria and/or if a Fund has not attracted significant contract owner assets.
For additional information about Investment Options, see “CHARGES AND DEDUCTIONS – Transfer Fee” and “THE COMPANY, VARIABLE ACCOUNT AND FUNDS – Selection of Funds – Addition, Deletion or Substitution of Investments” in the Prospectus.
|
|
|
Optional Benefits
|
| |
If you select a Protected Lifetime Income Benefit rider:
•
The Investment Options available to you under the Contract will be limited.
•
You may not make additional Purchase Payments two years or more after the Rider Issue Date or on or after the Benefit Election Date, whichever comes first.
•
Withdrawals from Contract Value that exceed the Annual Withdrawal Amount under the rider may significantly reduce or eliminate the rider benefits.
We may stop offering an optional benefit rider at any time.
If you purchase an optional death benefit, withdrawals may reduce the benefit by an amount greater than the value withdrawn.
For additional information about the optional benefits, see “PROTECTED LIFETIME INCOME BENEFIT (“SECUREPAY INCOME”)” and “DEATH BENEFIT - Selecting a Death Benefit” in the Prospectus.
|
|
|
TAXES
|
| |||
|
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.
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.
For additional information about tax implications, see “FEDERAL TAX MATTERS” and “TAXATION OF ANNUITIES IN GENERAL” in the Prospectus.
|
|
|
CONFLICTS OF INTEREST
|
| |||
|
Investment Professional Compensation
|
| |
We pay compensation, in the form of commissions, non-cash compensation, and asset-based compensation, to broker-dealers in connection with the promotion and sale of the Contracts. A portion of any payments made to the broker-dealers may be passed on to their registered representatives in accordance with their internal compensation programs. The prospect of receiving, or the receipt of, asset-based compensation may provide broker-dealers and/or their registered representatives with an incentive to recommend initial or continued investment in the Contracts over other variable insurance products (or other investments). You may wish to take such compensation arrangements into account when considering and evaluating any recommendation relating to the Contracts.
For additional information about compensation, see “DISTRIBUTION OF THE CONTRACTS” in the Prospectus.
|
|
|
Exchanges
|
| |
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.
For additional information about exchanges, see “TAXATION OF ANNUITIES IN GENERAL – Exchanges of Annuity Contracts” in the Prospectus.
|
|
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | |
SecurePay
Income Rider Allocation Investment Category(2) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||||||
| |
U.S. Equity
|
| | |
AB Variable Products Series Fund, Inc. - Discovery Value Portfolio - Class B
|
| | |
1.06%
|
| | |
16.86%
|
| | |
10.51%
|
| | |
7.29%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | |
AB Variable Products Series Fund, Inc. - Large Cap Growth Portfolio - Class B(1)
|
| | |
0.91%
|
| | |
34.78%
|
| | |
17.56%
|
| | |
14.60%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
AB Variable Products Series Fund, Inc. - Relative Value Portfolio - Class B(1)
|
| | |
0.86%
|
| | |
11.72%
|
| | |
11.57%
|
| | |
9.05%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
AB Variable Products Series Fund, Inc. - Small Cap Growth Portfolio - Class B(1)
|
| | |
1.15%
|
| | |
17.72%
|
| | |
10.29%
|
| | |
8.26%
|
| | |
4
|
| |
| |
Allocation
|
| | |
American Funds Insurance Series® American Funds® Global Balanced Fund - Class 4(1)
|
| | |
1.02%
|
| | |
13.45%
|
| | |
7.16%
|
| | |
5.20%
|
| | |
2
|
| |
| |
Taxable Bond
|
| | |
American Funds Insurance Series® American High-Income Trust® - Class 4(1)
|
| | |
0.82%
|
| | |
12.18%
|
| | |
5.84%
|
| | |
4.15%
|
| | |
2
|
| |
| |
Allocation
|
| | |
American Funds Insurance Series® Asset Allocation Fund - Class 4
|
| | |
0.80%
|
| | |
14.02%
|
| | |
8.92%
|
| | |
6.98%
|
| | |
2
|
| |
| |
Allocation
|
| | |
American Funds Insurance Series® Capital Income Builder® - Class 4(1)
|
| | |
0.78%
|
| | |
8.75%
|
| | |
7.18%
|
| | |
—
|
| | |
2
|
| |
| |
Taxable Bond
|
| | |
American Funds Insurance Series® Capital World Bond Fund® - Class 4
|
| | |
0.98%
|
| | |
5.89%
|
| | |
-0.56%
|
| | |
0.12%
|
| | |
1
|
| |
| |
International
Equity |
| | |
American Funds Insurance Series® Capital World Growth and Income Fund® - Class 4(1)
|
| | |
0.91%
|
| | |
20.65%
|
| | |
10.07%
|
| | |
7.36%
|
| | |
3
|
| |
| |
International
Equity |
| | |
American Funds Insurance Series® Global Growth Fund - Class 4(1)
|
| | |
0.91%
|
| | |
22.29%
|
| | |
13.36%
|
| | |
9.30%
|
| | |
3
|
| |
| |
International
Equity |
| | |
American Funds Insurance Series® Global Small Capitalization Fund - Class 4(1)
|
| | |
1.16%
|
| | |
15.79%
|
| | |
8.03%
|
| | |
5.51%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
American Funds Insurance Series® Growth Fund - Class 4
|
| | |
0.84%
|
| | |
38.13%
|
| | |
18.38%
|
| | |
14.07%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
American Funds Insurance Series® Growth-Income Fund - Class 4
|
| | |
0.78%
|
| | |
25.82%
|
| | |
13.08%
|
| | |
10.63%
|
| | |
3
|
| |
| |
International
Equity |
| | |
American Funds Insurance Series® International Fund - Class 4
|
| | |
1.03%
|
| | |
15.56%
|
| | |
4.58%
|
| | |
3.15%
|
| | |
3
|
| |
| |
International
Equity |
| | |
American Funds Insurance Series® International Growth and Income Fund - Class 4
|
| | |
1.06%
|
| | |
15.66%
|
| | |
5.86%
|
| | |
3.06%
|
| | |
3
|
| |
| |
International
Equity |
| | |
American Funds Insurance Series® New World Fund® - Class 4(1)
|
| | |
1.07%
|
| | |
15.67%
|
| | |
8.37%
|
| | |
4.43%
|
| | |
4
|
| |
| |
Taxable Bond
|
| | |
American Funds Insurance Series® The Bond Fund of America® - Class 4(1)
|
| | |
0.73%
|
| | |
4.72%
|
| | |
1.62%
|
| | |
1.83%
|
| | |
1
|
| |
| |
Taxable Bond
|
| | |
American Funds Insurance Series® U.S. Government Securities Fund® - Class 4(1)
|
| | |
0.76%
|
| | |
2.62%
|
| | |
0.79%
|
| | |
1.27%
|
| | |
1
|
| |
| |
U.S. Equity
|
| | |
American Funds Insurance Series® Washington Mutual Investors Fund℠ - Class 4(1)
|
| | |
0.77%
|
| | |
16.97%
|
| | |
12.33%
|
| | |
9.64%
|
| | |
3
|
| |
| |
Allocation
|
| | |
BlackRock 60/40 Target Allocation ETF V.I. Fund - Class III(1)
|
| | |
0.56%
|
| | |
15.32%
|
| | |
8.69%
|
| | |
—
|
| | |
2
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | |
SecurePay
Income Rider Allocation Investment Category(2) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||||||
| |
U.S. Equity
|
| | |
BlackRock Advantage SMID Cap V.I. Fund - Class III - BlackRock Advisors, LLC(1)
|
| | |
0.80%
|
| | |
18.63%
|
| | |
11.52%
|
| | |
8.28%
|
| | |
3
|
| |
| |
Allocation
|
| | |
BlackRock Global Allocation V.I. Fund - Class III - BlackRock (Singapore) Limited; BlackRock International Limited(1)
|
| | |
1.02%
|
| | |
12.49%
|
| | |
7.39%
|
| | |
4.63%
|
| | |
2
|
| |
| |
International
Equity |
| | |
BlackRock International V.I. Fund - Class I - BlackRock International Limited(1)
|
| | |
0.86%
|
| | |
19.02%
|
| | |
9.34%
|
| | |
4.02%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
ClearBridge Variable Mid Cap Portfolio - Class II - ClearBridge Investments, LLC
|
| | |
1.08%
|
| | |
12.62%
|
| | |
10.46%
|
| | |
6.83%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | |
ClearBridge Variable Small Cap Growth Portfolio - Class II - ClearBridge Investments, LLC
|
| | |
1.05%
|
| | |
8.12%
|
| | |
9.29%
|
| | |
7.62%
|
| | |
4
|
| |
| |
Allocation
|
| | |
Columbia Variable Portfolio - Balanced Fund - Class 2
|
| | |
1.01%
|
| | |
21.10%
|
| | |
10.71%
|
| | |
7.83%
|
| | |
2
|
| |
| |
Taxable Bond
|
| | |
Columbia Variable Portfolio - Emerging Markets Bond Fund - Class 2(1)
|
| | |
1.00%
|
| | |
10.02%
|
| | |
1.57%
|
| | |
2.20%
|
| | |
2
|
| |
| |
Taxable Bond
|
| | |
Columbia Variable Portfolio - Limited Duration Credit Fund - Class 2(1)
|
| | |
0.66%
|
| | |
6.66%
|
| | |
2.36%
|
| | |
1.65%
|
| | |
1
|
| |
| |
U.S. Equity
|
| | |
Columbia Variable Portfolio - Select Mid Cap Value Fund - Class 2(1)
|
| | |
1.07%
|
| | |
10.05%
|
| | |
13.05%
|
| | |
8.16%
|
| | |
4
|
| |
| |
Taxable Bond
|
| | |
Columbia Variable Portfolio - Strategic Income Fund - Class 2(1)
|
| | |
0.94%
|
| | |
9.20%
|
| | |
2.91%
|
| | |
2.99%
|
| | |
2
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Asset Manager Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.78%
|
| | |
12.65%
|
| | |
7.22%
|
| | |
5.14%
|
| | |
2
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Asset Manager: Growth Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.89%
|
| | |
16.05%
|
| | |
9.41%
|
| | |
6.30%
|
| | |
2
|
| |
| |
Allocation
|
| | |
Fidelity® VIP Balanced Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.69%
|
| | |
21.29%
|
| | |
12.16%
|
| | |
8.81%
|
| | |
2
|
| |
| |
Taxable Bond
|
| | |
Fidelity® VIP Bond Index Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.39%
|
| | |
5.13%
|
| | |
0.64%
|
| | |
—
|
| | |
1
|
| |
| |
U.S. Equity
|
| | |
Fidelity® VIP Contrafund® Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.81%
|
| | |
33.12%
|
| | |
16.36%
|
| | |
11.33%
|
| | |
3
|
| |
| |
Sector Equity
|
| | |
Fidelity® VIP Energy Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.86%
|
| | |
0.70%
|
| | |
13.36%
|
| | |
2.37%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | |
Fidelity® VIP Extended Market Index Portfolio - Service Class 2 - Geode Capital Management, LLC
|
| | |
0.38%
|
| | |
17.11%
|
| | |
11.02%
|
| | |
—
|
| | |
4
|
| |
| |
Allocation
|
| | |
Fidelity® VIP FundsManager 60% Portfolio - Service Class 2(1)
|
| | |
0.86%
|
| | |
14.08%
|
| | |
8.43%
|
| | |
6.10%
|
| | |
2
|
| |
| |
Allocation
|
| | |
Fidelity® VIP FundsManager 85% Portfolio - Service Class 2(1)
|
| | |
0.93%
|
| | |
17.48%
|
| | |
11.10%
|
| | |
7.72%
|
| | |
3
|
| |
| |
Sector Equity
|
| | |
Fidelity® VIP Health Care Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.84%
|
| | |
4.01%
|
| | |
9.50%
|
| | |
10.39%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
Fidelity® VIP Index 500 Portfolio - Service Class 2 - Geode Capital Management, LLC
|
| | |
0.35%
|
| | |
25.88%
|
| | |
15.27%
|
| | |
11.64%
|
| | |
3
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | |
SecurePay
Income Rider Allocation Investment Category(2) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||||||
| |
International
Equity |
| | |
Fidelity® VIP International Index Portfolio - Service Class 2 - Geode Capital Management, LLC
|
| | |
0.42%
|
| | |
15.88%
|
| | |
6.89%
|
| | |
—
|
| | |
3
|
| |
| |
Taxable Bond
|
| | |
Fidelity® VIP Investment Grade Bond Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.63%
|
| | |
6.00%
|
| | |
1.72%
|
| | |
2.08%
|
| | |
1
|
| |
| |
U.S. Equity
|
| | |
Fidelity® VIP Mid Cap Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.82%
|
| | |
14.80%
|
| | |
12.17%
|
| | |
7.85%
|
| | |
4
|
| |
| |
Sector Equity
|
| | |
Fidelity® VIP Technology Portfolio - Initial Class - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.59%
|
| | |
58.32%
|
| | |
26.57%
|
| | |
19.61%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | |
Fidelity® VIP Total Market Index Portfolio - Service Class 2 - Geode Capital Management, LLC
|
| | |
0.37%
|
| | |
25.71%
|
| | |
14.73%
|
| | |
—
|
| | |
3
|
| |
| |
Sector Equity
|
| | |
Fidelity® VIP Utilities Portfolio - Initial Class - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.61%
|
| | |
-1.08%
|
| | |
8.56%
|
| | |
9.14%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | |
Fidelity® VIP Value Strategies Portfolio - Service Class 2 - FMR Investment Management (U.K.) Limited; Fidelity Management & Research (Japan) Limited; Fidelity Management & Research (HK) Ltd
|
| | |
0.85%
|
| | |
20.61%
|
| | |
16.63%
|
| | |
9.10%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | |
Franklin DynaTech VIP Fund - Class 2 - Franklin Advisers, Inc.(1)
|
| | |
0.90%
|
| | |
43.77%
|
| | |
13.76%
|
| | |
10.37%
|
| | |
4
|
| |
| |
Allocation
|
| | |
Franklin Income VIP Fund - Class 2 - Franklin Advisers, Inc.(1)
|
| | |
0.71%
|
| | |
8.62%
|
| | |
6.98%
|
| | |
5.01%
|
| | |
2
|
| |
| |
U.S. Equity
|
| | |
Franklin Rising Dividends VIP Fund - Class 2 - Franklin Advisers, Inc.(1)
|
| | |
0.90%
|
| | |
12.08%
|
| | |
13.75%
|
| | |
10.23%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
Franklin Small Cap Value VIP Fund - Class 2 - Franklin Mutual Advisers, LLC(1)
|
| | |
0.91%
|
| | |
12.75%
|
| | |
11.06%
|
| | |
7.04%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | |
Franklin Small-Mid Cap Growth VIP Fund - Class 2 - Franklin Advisers, Inc.(1)
|
| | |
1.08%
|
| | |
26.74%
|
| | |
13.51%
|
| | |
8.96%
|
| | |
4
|
| |
| |
Taxable Bond
|
| | |
Goldman Sachs VIT Core Fixed Income Fund - Service Class(1)
|
| | |
0.67%
|
| | |
5.83%
|
| | |
1.13%
|
| | |
1.64%
|
| | |
1
|
| |
| |
U.S. Equity
|
| | |
Goldman Sachs VIT Mid Cap Growth Fund - Service Class(1)
|
| | |
0.99%
|
| | |
18.45%
|
| | |
13.48%
|
| | |
9.33%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
Goldman Sachs VIT Mid Cap Value Fund - Service Class(1)
|
| | |
1.09%
|
| | |
11.11%
|
| | |
13.06%
|
| | |
7.82%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
Goldman Sachs VIT Strategic Growth Fund - Service Class(1)
|
| | |
1.00%
|
| | |
41.65%
|
| | |
17.05%
|
| | |
12.88%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Comstock Fund - Series II | | | |
1.00%
|
| | |
12.10%
|
| | |
13.20%
|
| | |
8.65%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | |
Invesco® V.I. Discovery Mid Cap Growth Fund - Series II
|
| | |
1.12%
|
| | |
12.85%
|
| | |
12.47%
|
| | |
9.52%
|
| | |
4
|
| |
| |
Allocation
|
| | | Invesco® V.I. Equity and Income Fund - Series II | | | |
0.82%
|
| | |
10.24%
|
| | |
9.64%
|
| | |
6.78%
|
| | |
3
|
| |
| |
International
Equity |
| | | Invesco® V.I. Global Fund - Series II | | | |
1.07%
|
| | |
34.45%
|
| | |
12.02%
|
| | |
8.21%
|
| | |
4
|
| |
| |
Sector Equity
|
| | |
Invesco® V.I. Global Real Estate Fund - Series II - Invesco Asset Management Limited
|
| | |
1.27%
|
| | |
8.82%
|
| | |
1.85%
|
| | |
2.84%
|
| | |
4
|
| |
| |
Taxable Bond
|
| | | Invesco® V.I. Government Securities Fund - Series II | | | |
0.94%
|
| | |
4.46%
|
| | |
0.42%
|
| | |
0.90%
|
| | |
1
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Growth and Income Fund - Series II | | | |
1.00%
|
| | |
12.41%
|
| | |
11.49%
|
| | |
7.98%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Main Street Mid Cap Fund® - Series II | | | |
1.19%
|
| | |
14.14%
|
| | |
10.32%
|
| | |
6.45%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
Invesco® V.I. Main Street Small Cap Fund® - Series II
|
| | |
1.13%
|
| | |
17.82%
|
| | |
12.79%
|
| | |
8.66%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Small Cap Equity Fund - Series II | | | |
1.20%
|
| | |
16.26%
|
| | |
12.14%
|
| | |
6.28%
|
| | |
4
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | |
SecurePay
Income Rider Allocation Investment Category(2) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||||||
| |
Money Market
|
| | |
Invesco® V.I. U.S. Government Money Portfolio - Series I
|
| | |
0.63%
|
| | |
4.53%
|
| | |
1.53%
|
| | |
0.94%
|
| | |
1
|
| |
| |
Allocation
|
| | |
Janus Henderson Balanced Portfolio - Service Shares
|
| | |
0.87%
|
| | |
15.13%
|
| | |
9.37%
|
| | |
7.73%
|
| | |
2
|
| |
| |
U.S. Equity
|
| | |
Janus Henderson Enterprise Portfolio - Service Shares
|
| | |
0.97%
|
| | |
17.78%
|
| | |
13.14%
|
| | |
11.82%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | | Janus Henderson Forty Portfolio - Service Shares | | | |
0.80%
|
| | |
39.65%
|
| | |
16.64%
|
| | |
13.45%
|
| | |
3
|
| |
| |
Sector Equity
|
| | |
Janus Henderson Global Technology and Innovation Portfolio - Service Shares
|
| | |
0.97%
|
| | |
54.27%
|
| | |
20.05%
|
| | |
16.86%
|
| | |
4
|
| |
| |
International
Equity |
| | |
Janus Henderson Overseas Portfolio - Service Shares
|
| | |
1.14%
|
| | |
10.58%
|
| | |
10.92%
|
| | |
3.38%
|
| | |
4
|
| |
| |
Taxable Bond
|
| | |
Lord Abbett Series Fund - Bond Debenture Portfolio - Class VC
|
| | |
0.90%
|
| | |
6.34%
|
| | |
3.20%
|
| | |
3.51%
|
| | |
2
|
| |
| |
U.S. Equity
|
| | |
Lord Abbett Series Fund - Dividend Growth Portfolio - Class VC(1)
|
| | |
0.99%
|
| | |
15.94%
|
| | |
13.20%
|
| | |
10.20%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
Lord Abbett Series Fund - Growth Opportunities Portfolio - Class VC
|
| | |
1.16%
|
| | |
10.40%
|
| | |
8.85%
|
| | |
7.20%
|
| | |
4
|
| |
| |
Taxable Bond
|
| | |
Lord Abbett Series Fund - Short Duration Income Portfolio - Class VC
|
| | |
0.85%
|
| | |
4.97%
|
| | |
1.70%
|
| | |
—
|
| | |
1
|
| |
| |
Allocation
|
| | |
LVIP American Century Balanced Fund - Standard Class II(1)(3) (formerly, American Century Investments® VP Balanced Fund - Class I)
|
| | |
0.77%
|
| | |
16.41%
|
| | |
8.50%
|
| | |
6.55%
|
| | |
2
|
| |
| |
U.S. Equity
|
| | |
LVIP American Century Disciplined Core Value Fund - Standard Class II(1)(3) (formerly, American Century Investments® VP Disciplined Core Value Fund - Class I)
|
| | |
0.71%
|
| | |
8.65%
|
| | |
10.19%
|
| | |
8.19%
|
| | |
4
|
| |
| |
International
Equity |
| | |
LVIP American Century International Fund - Standard Class II(1)(3) (formerly, American Century Investments® VP International Fund - Class I)
|
| | |
0.95%
|
| | |
12.57%
|
| | |
8.29%
|
| | |
4.07%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | |
LVIP American Century Ultra Fund - Standard Class II(1)(3) (formerly, American Century Investments® VP Ultra® Fund - Class I)
|
| | |
0.75%
|
| | |
43.51%
|
| | |
19.24%
|
| | |
14.64%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | | MFS® VIT Growth Series - Service Class(1) | | | |
0.98%
|
| | |
35.51%
|
| | |
15.59%
|
| | |
12.69%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | | MFS® VIT II Core Equity Portfolio - Service Class(1) | | | |
1.06%
|
| | |
22.79%
|
| | |
14.79%
|
| | |
11.33%
|
| | |
3
|
| |
| |
International
Equity |
| | |
MFS® VIT II International Growth Portfolio - Service Class(1)
|
| | |
1.13%
|
| | |
14.39%
|
| | |
9.20%
|
| | |
6.09%
|
| | |
3
|
| |
| |
International
Equity |
| | |
MFS® VIT II International Intrinsic Value Portfolio - Service Class(1)
|
| | |
1.14%
|
| | |
17.37%
|
| | |
8.31%
|
| | |
6.66%
|
| | |
3
|
| |
| |
U.S. Equity
|
| | |
MFS® VIT II Massachusetts Investors Growth Stock Portfolio - Service Class(1)
|
| | |
0.98%
|
| | |
23.70%
|
| | |
16.39%
|
| | |
12.44%
|
| | |
3
|
| |
| |
Foreign Large
Blend |
| | |
MFS® VIT II Research International Portfolio - Service Class(1)
|
| | |
1.14%
|
| | |
12.83%
|
| | |
8.23%
|
| | |
3.89%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | |
MFS® VIT III Blended Research® Small Cap Equity Portfolio - Service Class(1)
|
| | |
0.76%
|
| | |
18.67%
|
| | |
10.01%
|
| | |
8.00%
|
| | |
4
|
| |
| |
Global Real
Estate |
| | |
MFS® VIT III Global Real Estate Portfolio - Service Class(1)
|
| | |
1.15%
|
| | |
11.20%
|
| | |
6.16%
|
| | |
6.28%
|
| | |
4
|
| |
| |
Mid-Cap Value
|
| | |
MFS® VIT III Mid Cap Value Portfolio - Service Class(1)
|
| | |
1.04%
|
| | |
12.39%
|
| | |
12.60%
|
| | |
8.46%
|
| | |
4
|
| |
| |
Mid-Cap Growth
|
| | | MFS® VIT Mid Cap Growth Series - Service Class(1) | | | |
1.05%
|
| | |
20.97%
|
| | |
13.05%
|
| | |
10.85%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | | MFS® VIT New Discovery Series - Service Class(1) | | | |
1.12%
|
| | |
14.25%
|
| | |
10.81%
|
| | |
7.41%
|
| | |
4
|
| |
| |
Allocation
|
| | | MFS® VIT Total Return Series - Service Class(1) | | | |
0.86%
|
| | |
10.22%
|
| | |
8.27%
|
| | |
6.27%
|
| | |
3
|
| |
| |
Taxable Bond
|
| | | PIMCO VIT Income Portfolio - Advisor Class | | | |
1.13%
|
| | |
8.14%
|
| | |
3.22%
|
| | |
—
|
| | |
2
|
| |
| |
Taxable Bond
|
| | | PIMCO VIT Low Duration Portfolio - Advisor Class | | | |
0.79%
|
| | |
4.87%
|
| | |
0.88%
|
| | |
0.82%
|
| | |
1
|
| |
| |
Taxable Bond
|
| | | PIMCO VIT Real Return Portfolio - Advisor Class | | | |
0.94%
|
| | |
3.57%
|
| | |
3.05%
|
| | |
2.15%
|
| | |
1
|
| |
| |
Taxable Bond
|
| | | PIMCO VIT Short-Term Portfolio - Advisor Class | | | |
0.76%
|
| | |
5.80%
|
| | |
2.02%
|
| | |
1.76%
|
| | |
1
|
| |
| |
Taxable Bond
|
| | | PIMCO VIT Total Return Portfolio - Advisor Class | | | |
0.85%
|
| | |
5.83%
|
| | |
0.98%
|
| | |
1.60%
|
| | |
1
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | |
SecurePay
Income Rider Allocation Investment Category(2) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||||||
| |
U.S. Equity
|
| | | T. Rowe Price® All-Cap Opportunities Portfolio(1) | | | |
0.80%
|
| | |
28.96%
|
| | |
18.96%
|
| | |
14.57%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | | T. Rowe Price® Blue Chip Growth Portfolio-II Class(1) | | | |
1.00%
|
| | |
48.96%
|
| | |
13.22%
|
| | |
12.03%
|
| | |
3
|
| |
| |
Sector Equity
|
| | | T. Rowe Price® Health Sciences Portfolio-II Class | | | |
1.11%
|
| | |
2.68%
|
| | |
10.96%
|
| | |
11.03%
|
| | |
4
|
| |
| |
U.S. Equity
|
| | | T. Rowe Price® Mid-Cap Growth Portfolio - II Class(1) | | | |
1.09%
|
| | |
19.63%
|
| | |
11.36%
|
| | |
10.22%
|
| | |
3
|
| |
| |
Allocation
|
| | | T. Rowe Price® Moderate Allocation Portfolio(1) | | | |
0.85%
|
| | |
15.35%
|
| | |
7.31%
|
| | |
5.91%
|
| | |
2
|
| |
| |
International
Equity |
| | |
Templeton Developing Markets VIP Fund - Class 2 - Franklin Templeton Investment Management, Ltd(1)
|
| | |
1.35%
|
| | |
12.62%
|
| | |
4.22%
|
| | |
2.32%
|
| | |
4
|
| |
|
Investment Category
|
| |
Minimum Allocation
|
| |
Maximum Allocation
|
| |||||||||
| | | 1 | | | | | | 10% | | | | | | 100% | | |
| | | 2 | | | | | | 0% | | | | | | 90% | | |
| | | 3 | | | | | | 0% | | | | | | 40% | | |
| | | 4 | | | |
Not Permitted
|
| |
Not Permitted
|
|