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Schwab Advisor Choice Variable Annuity
An individual flexible premium variable annuity
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Issued by Empower Life & Annuity
Insurance Company of New York Variable Annuity‑1 Series Account of New York P.O. Box 1854 Birmingham, Alabama 35201‑1854 Telephone: 1‑800‑838‑0650 |
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FEES AND EXPENSES
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| Charges for Early Withdrawals | | |
There are no charges for surrenders or partial withdrawals prior to the Annuity Commencement Date.
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Transaction Charges
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Transfer Charge. Currently no charge, but we reserve the right to charge $25 per transfer.
For additional information about transaction charges, see “FEE TABLE” in the Prospectus.
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Ongoing Fees and Expenses (annual charges)
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| | The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected. Fees and expenses in the table do not reflect any Consultant fees paid from Annuity Account Value or other assets of the Owner and if such charges were reflected, the fees and expenses would be higher. | |
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Annual Fee
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Maximum
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Minimum
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| Base contract (1) | | |
0.49%
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0.49%
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| Investment options (Portfolio fees and expenses) (2) | | |
2.30%
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0.03%
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| Optional Guaranteed Lifetime Withdrawal Benefit Riders available for an additional charge (for a single optional benefit, if elected) | | | | | | | |
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For contract applications signed before May 1, 2017 (3)
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1.50%
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0.95%
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For contract applications signed on or after May 1, 2017 (4)
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1.50%
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0.90%
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Lowest Annual Cost:
$520 |
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Highest Annual Cost:
$4,490 |
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| Assumes: | | | Assumes: | |
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•
Investment of $100,000
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5% annual appreciation of the Annuity Account Value
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Least expensive combination of Portfolio fees and expenses
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No optional GLWB Rider
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No sales charges
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No additional purchase payments, transfers or withdrawals
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No Consultant fees
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Investment of $100,000
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5% annual appreciation of the Annuity Account Value
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Most expensive combination of GLWB Rider fee and Covered Funds or Portfolio fees and expenses
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No sales charges
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No additional Purchase Payments, transfers, or withdrawals
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No Consultant fees
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RISKS
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Risk of Loss
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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.
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Not a Short-Term Investment
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This Contract is a long-term investment and is typically most useful as part of a personal retirement plan. It is not suitable as a vehicle for short-term savings and is not appropriate for an investor who needs ready access to cash. If you elect to have Consultant fees paid out of your Annuity Account Value, this deduction will reduce your Death Benefit and other guaranteed benefits. Early withdrawals may be subject to federal and state income taxes and a 10% federal additional tax if you are younger than 59½.
For additional information about the investment profile of the Contract, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT,” “DEDUCTIONS TO PAY CONSULTANT FEES” and “OVERVIEW OF THE VARIABLE ANNUITY CONTRACT” in the Prospectus.
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Risks Associated with Investment Options
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An investment in the Contract is subject to the risk of poor investment performance and can vary depending on the investment performance of the Portfolios corresponding to the Sub-Accounts you select.
Each Portfolio has its own unique risks.
You should review the prospectuses for the Portfolios before making an investment decision.
For additional information about the risks associated with Investment Options, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT,” “THE PORTFOLIOS” and “WHERE TO FIND MORE INFORMATION ABOUT THE PORTFOLIOS” in the Prospectus.
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Insurance Company Risks
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An investment in the Contract is subject to the risks related to Empower, including that any obligations, guarantees, and benefits of the Contract are subject to the claims-paying ability of Empower. More information about Empower, including its financial strength ratings, is available upon request from Empower by contacting the Retirement Resource Operations Center at (800) 838-0650.
For additional information about Company risks, see “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT” and “EMPOWER LIFE & ANNUITY INSURANCE COMPANY OF NEW YORK” in the Prospectus.
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RESTRICTIONS
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Investments
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Currently, there is no charge when you transfer Annuity Account Value among the Sub-Accounts. However, we reserve the right to charge $25 for each transfer in the future.
If you transfer any amount from a Covered Fund to an investment option that is not a Covered Fund, you will be unable to make any transfers into a Covered Fund for at least 90 calendar days.
In addition, we reserve the right to reject or restrict transfers if we determine that the transfers reflect excessive frequent trading or a market timing strategy, or we are required to reject or restrict a transfer by the applicable Portfolio.
Empower also reserves the right to discontinue or substitute any Portfolio as an investment option that is available under the Contract.
For additional information about Investments, see “ADDITION, DELETION, OR SUBSTITUTION OF SUB-ACCOUNTS”,”GUARANTEED LIFETIME WITHDRAWAL BENEFIT”,”TRANSFERS”, and “MARKET TIMING AND EXCESSIVE TRADING” in the Prospectus.
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Optional Benefits
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Excess Withdrawals will reduce your Covered Fund Value and may reduce the value of your Benefit Base by an amount greater than the value withdrawn or result in termination of the Guaranteed Lifetime Withdrawal Benefit (“GLWB”). If you elect to have Consultant fees paid out of your Annuity Account Value, this deduction will reduce your Death Benefit and other guaranteed benefits. If deductions of Consultant fees from Covered Fund(s) in the Income Segment exceed 1.5% of Covered Fund Value annually, the amount in excess of the 1.5% annual limit is considered an Excess Withdrawal, and may reduce or terminate your benefits under the GLWB Rider.
The GLWB Rider requires you to allocate Annuity Account Value to the Covered Funds available under the Income Segment. The number and type of Covered Funds are limited. If you fail to satisfy these investment requirements, we may terminate the benefit. In addition, if you transfer any amount from a Covered Fund to an investment option that is not a Covered Fund, you will be unable to make any transfers into a Covered Fund for at least 90 calendar days.
If you annuitize your Contract before Installments under the GLWB Rider have begun, the entire Annuity Account Value will be annuitized and any benefit under the Rider will terminate.
Empower reserves the right to refuse to accept additional GLWB Rider Contributions to the Covered Fund(s).
The Benefit Base may not exceed $5 million.
For additional information about the optional benefits, see “GUARANTEED LIFETIME WITHDRAWAL BENEFIT” and “DEDUCTIONS TO PAY CONSULTANT FEES” in the Prospectus.
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TAXES
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Tax Implications
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You should consult with a tax professional to determine the tax implications of an investment in, payments received under, and other transactions in connection with the Contract.
If you purchase the Contract through a tax-qualified plan or individual retirement arrangement (IRA), you do not get any additional tax deferral. Generally, all earnings on the investments underlying the Contract are tax-deferred until distributed or deemed distributed. A distribution from a non-Qualified Contract, which includes a surrender, withdrawal, payment of a death benefit, or annuity income payments, will generally result in taxable income if there has been an increase in the Contract Value. In the case of a Qualified Contract, a distribution generally will result in taxable income even if there has not been an increase in the Contract Value. In certain circumstances, a 10% additional tax may also apply if the Owner takes a withdrawal before age 59½. All amounts includable in income with respect to the Contract are taxed as ordinary income; no amounts are taxed at the special lower rates applicable to long term capital gains and corporate dividends. If you elect to have Consultant Fees paid out of your Contract Value, this deduction may be subject to federal and state income taxes and a 10% federal additional tax if you are younger than age 59 1/2.
For additional information about tax implications, see “DEDUCTIONS TO PAY CONSULTANT FEES” “TAX CONSEQUENCES OF WITHDRAWALS,” and “TAXATION OF ANNUITIES IN GENERAL” in the Prospectus.
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CONFLICTS OF INTEREST
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Investment Professional Compensation
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Some investment professionals have received compensation for promoting and selling this Contract to you in the form of marketing allowances, promotional incentives, cash, and other compensation. Some investment professionals continue to receive Consultant fees based on Annuity Account Value under the Contract. These investment professionals may have a financial incentive to continue to recommend investment in the Contract over another investment.
For additional information about compensation, see “DISTRIBUTION OF THE CONTRACTS” in the Prospectus.
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Exchanges
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| | Some investment professionals may have a financial incentive to offer you a new contract in place of the one you own. You should only exchange your current Contract if you determine, after comparing the features, fees, and risks of both contracts, that it is better for you to purchase the new contract rather than continue to own your existing Contract. | |
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Asset
Allocation Type |
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Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
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Current
Expenses |
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Average Annual Total Returns
(as of 12/31/2023) |
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1 Year
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5 Year
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10 Year
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Investment Segment Portfolios
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U.S. Equity
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AB Variable Products Series Fund, Inc. - Discovery Value Portfolio - Class A
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0.81%
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17.18%
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10.78%
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7.55%
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U.S. Equity
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AB Variable Products Series Fund, Inc. - Large Cap Growth Portfolio - Class A(1)
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0.66%
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35.13%
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17.86%
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14.89%
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U.S. Equity
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AB Variable Products Series Fund, Inc. - Relative Value Portfolio - Class A(1)
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0.61%
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12.03%
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11.85%
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9.32%
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U.S. Equity
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| | | Alger Capital Appreciation Portfolio - Class I-2 | | | |
0.95%
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43.13%
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15.43%
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12.54%
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U.S. Equity
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| | | Alger Large Cap Growth Portfolio - Class I-2(1) | | | |
0.84%
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32.67%
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14.14%
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11.03%
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U.S. Equity
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Alger Mid Cap Growth Portfolio - Class I-2(1)(2)
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0.96%
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23.17%
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11.96%
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8.54%
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U.S. Equity
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Allspring VT Discovery SMID Cap Growth Fund - Class 2(1)
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1.15%
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20.14%
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9.90%
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7.43%
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U.S. Equity
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| | | Allspring VT Opportunity Fund - Class 2(1) | | | |
1.00%
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26.50%
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14.74%
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10.32%
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International
Equity |
| | | ALPS/Global Opportunity Portfolio - Class I(1) | | | |
2.06%
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29.22%
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12.02%
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8.85%
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Taxable Bond
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American Funds Insurance Series® Capital World Bond Fund® - Class 2
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0.73%
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6.14%
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-0.33%
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0.36%
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International
Equity |
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American Funds Insurance Series® Global Growth Fund - Class 1(1)
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0.41%
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22.91%
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13.93%
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9.85%
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International
Equity |
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American Funds Insurance Series® Global Small Capitalization Fund - Class 2(1)
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0.91%
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16.17%
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8.31%
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5.78%
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U.S. Equity
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American Funds Insurance Series® Growth-Income Fund - Class 4
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0.78%
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25.82%
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13.08%
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10.63%
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International
Equity |
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American Funds Insurance Series® International Fund - Class 2
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0.78%
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15.84%
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4.83%
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3.41%
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International
Equity |
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American Funds Insurance Series® New World Fund® - Class 2(1)
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0.82%
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15.99%
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8.64%
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4.69%
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Taxable Bond
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American Funds Insurance Series® The Bond Fund of America® - Class 2(1)
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0.48%
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5.02%
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1.89%
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2.08%
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Allocation
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BlackRock 60/40 Target Allocation ETF V.I. Fund - Class III(1)
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0.56%
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15.32%
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8.69%
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—
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Allocation
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BlackRock Global Allocation V.I. Fund - Class I - BlackRock (Singapore) Limited; BlackRock International Limited(1)
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0.76%
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12.83%
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7.65%
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4.88%
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U.S. Equity
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BNY Mellon Investment Portfolios: MidCap Stock Portfolio - Initial Shares - Newton Investment Management North America, LLC(1)(2)
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0.80%
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18.31%
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10.70%
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7.44%
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U.S. Equity
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BNY Mellon Variable Investment Fund: Appreciation Portfolio - Initial Shares - Fayez Sarofim & Company
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0.85%
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20.97%
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16.23%
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11.09%
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U.S. Equity
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BNY Mellon Variable Investment Fund: Growth and Income Portfolio - Initial Shares - Newton Investment Management North America, LLC(1)(2)
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0.70%
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26.69%
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16.89%
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11.84%
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U.S. Equity
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ClearBridge Variable Large Cap Growth Portfolio - Class I - ClearBridge Investments, LLC
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0.76%
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44.02%
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15.51%
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13.27%
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Asset
Allocation Type |
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Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
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Current
Expenses |
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Average Annual Total Returns
(as of 12/31/2023) |
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1 Year
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5 Year
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10 Year
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U.S. Equity
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ClearBridge Variable Mid Cap Portfolio - Class I - ClearBridge Investments, LLC
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0.83%
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12.92%
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10.73%
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7.10%
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U.S. Equity
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ClearBridge Variable Small Cap Growth Portfolio - Class I - ClearBridge Investments, LLC
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0.80%
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8.40%
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9.56%
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7.89%
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International
Equity |
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Columbia Variable Portfolio - Emerging Markets Fund - Class 2(1)
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1.34%
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9.19%
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3.40%
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2.38%
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U.S. Equity
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Columbia Variable Portfolio - Large Cap Growth Fund - Class 2
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0.97%
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42.77%
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17.98%
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13.37%
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Sector Equity
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Columbia Variable Portfolio - Seligman Global Technology Fund - Class 2(1)
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1.20%
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44.87%
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25.34%
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20.11%
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U.S. Equity
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Columbia Variable Portfolio - Small Cap Value Fund - Class 2(1)
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1.11%
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21.67%
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13.39%
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8.40%
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U.S. Equity
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DFA VA U.S. Targeted Value Portfolio - Institutional Class
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0.29%
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20.03%
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15.40%
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9.00%
|
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U.S. Equity
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| | | DWS Capital Growth VIP - Class A | | | |
0.49%
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| | |
38.57%
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17.58%
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13.58%
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| |
| |
U.S. Equity
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| | | DWS Core Equity VIP - Class A | | | |
0.61%
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| | |
25.57%
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| | |
15.00%
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| | |
11.56%
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| |
U.S. Equity
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| | | DWS CROCI® U.S. VIP - Class A(1) | | | |
0.68%
|
| | |
20.76%
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| | |
8.61%
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| | |
5.06%
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| |
International
Equity |
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DWS Global Small Cap VIP - Class A(1)(2)
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0.87%
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| | |
24.56%
|
| | |
9.13%
|
| | |
3.82%
|
| |
| |
U.S. Equity
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| | |
DWS Small Cap Index VIP - Class A - Northern Trust Investments, Inc.(1)
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0.38%
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| | |
16.76%
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| | |
9.67%
|
| | |
6.89%
|
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U.S. Equity
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| | | DWS Small Mid Cap Growth VIP - Class A(2) | | | |
0.85%
|
| | |
18.83%
|
| | |
9.18%
|
| | |
6.46%
|
| |
| |
U.S. Equity
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| | | DWS Small Mid Cap Value VIP - Class A(1) | | | |
0.81%
|
| | |
14.95%
|
| | |
8.77%
|
| | |
5.51%
|
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Allocation
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| | | Empower Aggressive Profile Fund - Investor Class | | | |
1.16%
|
| | |
16.94%
|
| | |
10.86%
|
| | |
8.02%
|
| |
| |
U.S. Equity
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| | |
Empower Ariel Mid Cap Value Fund - Investor Class - Ariel Investments, LLC(1)
|
| | |
1.05%
|
| | |
10.45%
|
| | |
10.46%
|
| | |
6.36%
|
| |
| |
Taxable Bond
|
| | | Empower Bond Index Fund - Investor Class | | | |
0.50%
|
| | |
5.02%
|
| | |
0.50%
|
| | |
1.29%
|
| |
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International
Equity |
| | |
Empower International Index Fund - Investor Class - Irish Life Inv Managers Ltd
|
| | |
0.62%
|
| | |
17.52%
|
| | |
7.66%
|
| | |
3.79%
|
| |
| |
International
Equity |
| | |
Empower International Value Fund - Investor Class - LSV Asset Management; Massachusetts Financial Services Company
|
| | |
1.07%
|
| | |
18.03%
|
| | |
8.25%
|
| | |
5.89%
|
| |
| |
Allocation
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| | | Empower Lifetime 2015 Fund - Investor Class(1) | | | |
0.77%
|
| | |
10.33%
|
| | |
6.07%
|
| | |
4.87%
|
| |
| |
Allocation
|
| | | Empower Lifetime 2020 Fund - Investor Class(1) | | | |
0.80%
|
| | |
10.97%
|
| | |
6.45%
|
| | |
—
|
| |
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Allocation
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| | | Empower Lifetime 2025 Fund - Investor Class(1) | | | |
0.82%
|
| | |
11.91%
|
| | |
7.07%
|
| | |
5.60%
|
| |
| |
Allocation
|
| | | Empower Lifetime 2030 Fund - Investor Class(1) | | | |
0.85%
|
| | |
13.07%
|
| | |
7.80%
|
| | |
—
|
| |
| |
Allocation
|
| | | Empower Lifetime 2035 Fund - Investor Class(1) | | | |
0.88%
|
| | |
14.40%
|
| | |
8.68%
|
| | |
6.58%
|
| |
| |
Allocation
|
| | | Empower Lifetime 2040 Fund - Investor Class(1) | | | |
0.90%
|
| | |
15.73%
|
| | |
9.42%
|
| | |
—
|
| |
| |
Allocation
|
| | | Empower Lifetime 2045 Fund - Investor Class | | | |
0.92%
|
| | |
16.73%
|
| | |
9.83%
|
| | |
7.07%
|
| |
| |
Allocation
|
| | | Empower Lifetime 2050 Fund - Investor Class | | | |
0.92%
|
| | |
17.05%
|
| | |
9.94%
|
| | |
—
|
| |
| |
Allocation
|
| | | Empower Lifetime 2055 Fund - Investor Class | | | |
0.93%
|
| | |
17.06%
|
| | |
9.86%
|
| | |
7.00%
|
| |
| |
Allocation
|
| | | Empower Lifetime 2060 Fund - Investor Class | | | |
0.93%
|
| | |
16.97%
|
| | |
—
|
| | |
—
|
| |
| |
U.S. Equity
|
| | |
Empower Mid Cap Value Fund - Investor Class - Goldman Sachs Asset Management, L.P.(1)
|
| | |
1.15%
|
| | |
15.15%
|
| | |
9.70%
|
| | |
8.12%
|
| |
| |
Allocation
|
| | |
Empower Moderately Aggressive Profile Fund - Investor Class(1)
|
| | |
1.01%
|
| | |
13.60%
|
| | |
8.69%
|
| | |
6.51%
|
| |
| |
Taxable Bond
|
| | | Empower Multi-Sector Bond Fund - Investor Class(1) | | | |
0.90%
|
| | |
7.88%
|
| | |
3.28%
|
| | |
2.68%
|
| |
| |
U.S. Equity
|
| | | Empower Small Cap Value Fund - Investor Class(1) | | | |
1.09%
|
| | |
17.81%
|
| | |
12.25%
|
| | |
7.64%
|
| |
| |
U.S. Equity
|
| | |
Empower T. Rowe Price Mid Cap Growth Fund - Investor Class - T. Rowe Price Associates, Inc.
|
| | |
1.02%
|
| | |
19.92%
|
| | |
11.61%
|
| | |
10.38%
|
| |
| |
Taxable Bond
|
| | |
Federated Hermes Fund for US Government Securities II - Primary Class(1)
|
| | |
0.78%
|
| | |
4.19%
|
| | |
-0.11%
|
| | |
0.85%
|
| |
| |
U.S. Equity
|
| | |
Franklin Small Cap Value VIP Fund - Class 2 - Franklin Mutual Advisers, LLC(1)
|
| | |
0.91%
|
| | |
12.75%
|
| | |
11.06%
|
| | |
7.04%
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||
| |
Alternative
|
| | |
Goldman Sachs VIT Multi-Strategy Alternatives Portfolio - Service Class(1)
|
| | |
1.21%
|
| | |
7.77%
|
| | |
4.16%
|
| | |
—
|
| |
| |
International
Equity |
| | |
Invesco® Oppenheimer V.I. International Growth Fund - Series I(1)(2)
|
| | |
1.00%
|
| | |
21.06%
|
| | |
8.72%
|
| | |
3.80%
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Comstock Fund - Series I | | | |
0.75%
|
| | |
12.36%
|
| | |
13.49%
|
| | |
8.92%
|
| |
| |
International
Equity |
| | |
Invesco® V.I. EQV International Equity Fund - Series I(2)
|
| | |
0.90%
|
| | |
18.15%
|
| | |
8.42%
|
| | |
4.33%
|
| |
| |
International
Equity |
| | | Invesco® V.I. Global Fund - Series I | | | |
0.82%
|
| | |
34.73%
|
| | |
12.30%
|
| | |
8.47%
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Growth and Income Fund - Series I(2) | | | |
0.75%
|
| | |
12.66%
|
| | |
11.77%
|
| | |
8.25%
|
| |
| |
Taxable Bond
|
| | | Invesco® V.I. High Yield Fund - Series I | | | |
0.90%
|
| | |
10.18%
|
| | |
4.05%
|
| | |
3.22%
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Main Street Mid Cap Fund® - Series I | | | |
0.94%
|
| | |
14.47%
|
| | |
10.61%
|
| | |
6.73%
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Main Street Small Cap Fund® - Series I | | | |
0.88%
|
| | |
18.13%
|
| | |
13.07%
|
| | |
8.93%
|
| |
| |
U.S. Equity
|
| | | Invesco® V.I. Small Cap Equity Fund - Series I(2) | | | |
0.95%
|
| | |
16.57%
|
| | |
12.44%
|
| | |
6.55%
|
| |
| |
Sector Equity
|
| | | Invesco® V.I. Technology Fund - Series I | | | |
0.98%
|
| | |
46.94%
|
| | |
14.92%
|
| | |
12.24%
|
| |
| |
Allocation
|
| | |
Janus Henderson Balanced Portfolio - Institutional Shares
|
| | |
0.62%
|
| | |
15.41%
|
| | |
9.64%
|
| | |
7.99%
|
| |
| |
Taxable Bond
|
| | |
Janus Henderson Flexible Bond Portfolio - Institutional Shares(1)
|
| | |
0.57%
|
| | |
5.50%
|
| | |
1.79%
|
| | |
1.91%
|
| |
| |
International
Equity |
| | |
Janus Henderson Global Research Portfolio - Institutional Shares
|
| | |
0.61%
|
| | |
26.78%
|
| | |
13.33%
|
| | |
9.01%
|
| |
| |
Sector Equity
|
| | |
Janus Henderson Global Technology and Innovation Portfolio - Institutional Shares
|
| | |
0.73%
|
| | |
54.55%
|
| | |
20.34%
|
| | |
17.14%
|
| |
| |
International
Equity |
| | |
Lazard Retirement Emerging Markets Equity Portfolio - Service Shares
|
| | |
1.42%
|
| | |
22.27%
|
| | |
5.01%
|
| | |
2.04%
|
| |
| |
Taxable Bond
|
| | |
Lord Abbett Series Fund - Short Duration Income Portfolio - Class VC
|
| | |
0.85%
|
| | |
4.97%
|
| | |
1.70%
|
| | |
—
|
| |
| |
Allocation
|
| | |
LVIP American Century Balanced Fund - Standard Class II(1)(formerly, American Century Investments® VP Balanced Fund - Class I)
|
| | |
0.77%
|
| | |
16.41%
|
| | |
8.50%
|
| | |
6.55%
|
| |
| |
U.S. Equity
|
| | |
LVIP American Century Disciplined Core Value Fund - Standard Class II(1)(formerly, American Century Investments® VP Disciplined Core Value Fund - Class I)
|
| | |
0.71%
|
| | |
8.65%
|
| | |
10.19%
|
| | |
8.19%
|
| |
| |
International
Equity |
| | |
LVIP American Century International Fund - Standard Class II(1)(formerly, American Century Investments® VP International Fund - Class I)
|
| | |
0.95%
|
| | |
12.57%
|
| | |
8.29%
|
| | |
4.07%
|
| |
| |
U.S. Equity
|
| | |
LVIP American Century Mid Cap Value Fund - Service Class(1)(formerly, American Century Investments® VP Mid Cap Value Fund - Class II)
|
| | |
1.01%
|
| | |
6.03%
|
| | |
10.90%
|
| | |
8.61%
|
| |
| |
U.S. Equity
|
| | |
LVIP American Century Value Fund - Standard Class II(1)(formerly, American Century Investments® VP Value Fund - Class I)
|
| | |
0.71%
|
| | |
9.10%
|
| | |
11.87%
|
| | |
8.53%
|
| |
| |
U.S. Equity
|
| | |
LVIP Baron Growth Opportunities Fund - Service Class - BAMCO Inc.(1)
|
| | |
1.15%
|
| | |
17.81%
|
| | |
13.66%
|
| | |
9.35%
|
| |
| |
Taxable Bond
|
| | | LVIP JPMorgan Core Bond Fund - Standard Class | | | |
0.49%
|
| | |
5.91%
|
| | |
1.28%
|
| | |
1.81%
|
| |
| |
U.S. Equity
|
| | |
LVIP JPMorgan Small Cap Core Fund - Standard Class
|
| | |
0.78%
|
| | |
13.10%
|
| | |
9.41%
|
| | |
7.10%
|
| |
| |
U.S. Equity
|
| | |
LVIP Macquarie SMID Cap Core Fund -Standard Class - Delaware Investments Fund Advisers(1)(formerly, LVIP Delaware SMID Cap Core Fund - Standard Class)
|
| | |
0.80%
|
| | |
16.45%
|
| | |
12.25%
|
| | |
8.36%
|
| |
| |
U.S. Equity
|
| | |
LVIP Macquarie Value Fund - Standard Class - Delaware Investments Fund Advisers(formerly, LVIP Delaware Value Fund - Standard Class)
|
| | |
0.68%
|
| | |
3.49%
|
| | |
8.10%
|
| | |
7.84%
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||
| |
International
Equity |
| | |
Macquarie VIP Emerging Markets Series - Standard Class - Macquarie Funds Management HK Ltd.; Macquarie Investment Management Global Limited(1) (formerly, Delaware VIP® Emerging Markets Series - Standard Class)
|
| | |
1.18%
|
| | |
13.79%
|
| | |
4.20%
|
| | |
2.67%
|
| |
| |
International
Equity |
| | |
Macquarie VIP International Core Equity Series - Service Class(1)(2)(formerly, Delaware Ivy VIP International Core Equity Portfolio - Class II)
|
| | |
1.11%
|
| | |
15.65%
|
| | |
7.56%
|
| | |
4.00%
|
| |
| |
U.S. Equity
|
| | |
Macquarie VIP Small Cap Value Series - Standard Class - Macquarie Funds Management HK Ltd.; Macquarie Investment Management Global Limited (formerly, Delaware VIP® Small Cap Value Series - Standard Class)
|
| | |
0.78%
|
| | |
9.45%
|
| | |
10.21%
|
| | |
7.06%
|
| |
| |
U.S. Equity
|
| | | MFS® VIT II Core Equity Portfolio - Service Class(1) | | | |
1.06%
|
| | |
22.79%
|
| | |
14.79%
|
| | |
11.33%
|
| |
| |
International
Equity |
| | |
MFS® VIT II International Growth Portfolio - Initial Class(1)
|
| | |
0.88%
|
| | |
14.72%
|
| | |
9.47%
|
| | |
6.36%
|
| |
| |
International
Equity |
| | |
MFS® VIT II International Intrinsic Value Portfolio - Service Class(1)
|
| | |
1.14%
|
| | |
17.37%
|
| | |
8.31%
|
| | |
6.66%
|
| |
| |
U.S. Equity
|
| | |
MFS® VIT III Blended Research® Small Cap Equity Portfolio - Initial Class(1)
|
| | |
0.51%
|
| | |
18.96%
|
| | |
10.28%
|
| | |
8.27%
|
| |
| |
U.S. Equity
|
| | | MFS® VIT III Mid Cap Value Portfolio - Initial Class(1) | | | |
0.79%
|
| | |
12.73%
|
| | |
12.90%
|
| | |
8.73%
|
| |
| |
Sector Equity
|
| | |
MFS® VIT Utilities Series - Service Class(1)(2)
|
| | |
1.04%
|
| | |
-2.33%
|
| | |
8.05%
|
| | |
6.13%
|
| |
| |
U.S. Equity
|
| | |
Neuberger Berman AMT Mid Cap Intrinsic Value Portfolio - Class S(1)(2)
|
| | |
1.26%
|
| | |
10.69%
|
| | |
8.36%
|
| | |
5.88%
|
| |
| |
U.S. Equity
|
| | |
Neuberger Berman AMT Sustainable Equity Portfolio - Class S(1)(2)
|
| | |
1.16%
|
| | |
26.57%
|
| | |
13.69%
|
| | |
9.74%
|
| |
| |
U.S. Equity
|
| | |
NVIT Mid Cap Index Fund - Class II - BlackRock Investment Management, LLC
|
| | |
0.61%
|
| | |
15.82%
|
| | |
11.93%
|
| | |
8.63%
|
| |
| |
Commodities
|
| | |
PIMCO VIT CommodityRealReturn® Strategy Portfolio - Administrative Class(1)
|
| | |
1.48%
|
| | |
-7.85%
|
| | |
8.55%
|
| | |
-0.80%
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT Emerging Markets Bond Portfolio - Administrative Class
|
| | |
1.27%
|
| | |
11.11%
|
| | |
2.25%
|
| | |
2.78%
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT High Yield Portfolio - Administrative Class
|
| | |
0.77%
|
| | |
12.22%
|
| | |
4.83%
|
| | |
4.15%
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT Low Duration Portfolio - Administrative Class
|
| | |
0.69%
|
| | |
4.97%
|
| | |
0.99%
|
| | |
0.92%
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT Real Return Portfolio - Administrative Class
|
| | |
0.84%
|
| | |
3.67%
|
| | |
3.16%
|
| | |
2.25%
|
| |
| |
Taxable Bond
|
| | |
PIMCO VIT Total Return Portfolio - Administrative Class
|
| | |
0.75%
|
| | |
5.93%
|
| | |
1.08%
|
| | |
1.71%
|
| |
| |
Taxable Bond
|
| | | Pioneer Bond VCT Portfolio - Class I | | | |
0.64%
|
| | |
6.51%
|
| | |
1.84%
|
| | |
2.26%
|
| |
| |
U.S. Equity
|
| | | Pioneer Fund VCT Portfolio - Class I | | | |
0.80%
|
| | |
28.54%
|
| | |
16.93%
|
| | |
12.26%
|
| |
| |
U.S. Equity
|
| | | Pioneer Mid Cap Value VCT Portfolio - Class II | | | |
1.05%
|
| | |
11.91%
|
| | |
12.46%
|
| | |
7.38%
|
| |
| |
U.S. Equity
|
| | |
Pioneer Select Mid Cap Growth VCT Portfolio - Class I
|
| | |
0.92%
|
| | |
18.13%
|
| | |
10.66%
|
| | |
8.77%
|
| |
| |
Sector Equity
|
| | |
PSF Natural Resources Portfolio - Class II - T. Rowe Price Associates, Inc.
|
| | |
0.91%
|
| | |
1.58%
|
| | |
13.73%
|
| | |
0.96%
|
| |
| |
U.S. Equity
|
| | |
PSF PGIM Jennison Blend Portfolio - Class II - Jennison Associates LLC
|
| | |
0.86%
|
| | |
31.98%
|
| | |
14.25%
|
| | |
10.08%
|
| |
| |
U.S. Equity
|
| | |
Putnam VT Core Equity Fund - Class IA - Putnam Investments Limited
|
| | |
0.70%
|
| | |
28.36%
|
| | |
17.19%
|
| | |
12.23%
|
| |
| |
Allocation
|
| | |
Putnam VT Global Asset Allocation Fund - Class IA - The Putnam Advisory Company, LLC; Putnam Investments Limited(1)
|
| | |
0.86%
|
| | |
17.78%
|
| | |
8.41%
|
| | |
6.61%
|
| |
| |
Sector Equity
|
| | |
Putnam VT Global Health Care Fund - Class IB - The Putnam Advisory Company, LLC; Putnam Investments Limited
|
| | |
1.01%
|
| | |
9.13%
|
| | |
13.48%
|
| | |
10.16%
|
| |
| |
Taxable Bond
|
| | |
Putnam VT Income Fund - Class IA - Putnam Investments Limited
|
| | |
0.64%
|
| | |
4.96%
|
| | |
0.64%
|
| | |
1.70%
|
| |
| |
Asset
Allocation Type |
| | |
Portfolio Company - Investment Adviser;
Sub-Adviser(s), as applicable |
| | |
Current
Expenses |
| | |
Average Annual Total Returns
(as of 12/31/2023) |
| | ||||||||
|
1 Year
|
| | |
5 Year
|
| | |
10 Year
|
| | |||||||||||||
| |
International
Equity |
| | |
Putnam VT International Equity Fund - Class IA - The Putnam Advisory Company, LLC; Putnam Investments Limited
|
| | |
0.85%
|
| | |
18.86%
|
| | |
9.33%
|
| | |
3.96%
|
| |
| |
International
Equity |
| | |
Putnam VT International Value Fund - Class IA - The Putnam Advisory Company, LLC; Putnam Investments Limited
|
| | |
0.88%
|
| | |
19.08%
|
| | |
9.96%
|
| | |
4.14%
|
| |
| |
U.S. Equity
|
| | |
Putnam VT Large Cap Value Fund - Class IB - Putnam Investments Limited
|
| | |
0.82%
|
| | |
15.67%
|
| | |
14.50%
|
| | |
10.26%
|
| |
| |
Taxable Bond
|
| | |
Putnam VT Mortgage Securities Fund - Class IB - Putnam Investments Limited(1)
|
| | |
0.75%
|
| | |
5.27%
|
| | |
0.30%
|
| | |
0.63%
|
| |
| |
U.S. Equity
|
| | | Royce Capital Small-Cap Portfolio - Service Class(2) | | | |
1.39%
|
| | |
25.53%
|
| | |
9.90%
|
| | |
5.35%
|
| |
| |
Money Market
|
| | | Schwab® Government Money Market Portfolio™ | | | |
0.26%
|
| | |
4.89%
|
| | |
1.70%
|
| | |
1.05%
|
| |
| |
U.S. Equity
|
| | | Schwab® S&P 500 Index Portfolio | | | |
0.03%
|
| | |
26.22%
|
| | |
15.64%
|
| | |
11.92%
|
| |
| |
Allocation
|
| | | Schwab® VIT Balanced Portfolio | | | |
0.58%
|
| | |
11.96%
|
| | |
5.02%
|
| | |
3.66%
|
| |
| |
Allocation
|
| | | Schwab® VIT Balanced with Growth Portfolio | | | |
0.54%
|
| | |
14.85%
|
| | |
6.91%
|
| | |
4.82%
|
| |
| |
Allocation
|
| | | Schwab® VIT Growth Portfolio | | | |
0.55%
|
| | |
17.52%
|
| | |
8.45%
|
| | |
5.77%
|
| |
| |
Sector Equity
|
| | | T. Rowe Price® Health Sciences Portfolio | | | |
0.86%
|
| | |
2.96%
|
| | |
11.24%
|
| | |
11.30%
|
| |
| |
International
Equity |
| | |
Templeton Foreign VIP Fund - Class 2 - Templeton Investment Counsel, LLC(1)(2)
|
| | |
1.07%
|
| | |
20.76%
|
| | |
5.27%
|
| | |
1.28%
|
| |
| |
Taxable Bond
|
| | |
Templeton Global Bond VIP Fund - Class 2 - Franklin Advisers, Inc.(1)
|
| | |
0.75%
|
| | |
2.88%
|
| | |
-2.13%
|
| | |
-0.66%
|
| |
| |
Taxable Bond
|
| | |
Touchstone VST Bond Fund - Class I - Fort Washington Investment Advisors Inc(1)(2)
|
| | |
0.63%
|
| | |
6.07%
|
| | |
1.82%
|
| | |
1.43%
|
| |
| |
U.S. Equity
|
| | |
Touchstone VST Common Stock Fund - Class I - Fort Washington Investment Advisors Inc(1)(2)
|
| | |
0.73%
|
| | |
26.66%
|
| | |
16.22%
|
| | |
11.29%
|
| |
| |
U.S. Equity
|
| | |
Touchstone VST Common Stock Fund - Class SC - Fort Washington Investment Advisors Inc
|
| | |
0.95%
|
| | |
26.35%
|
| | |
15.98%
|
| | |
10.99%
|
| |
| |
U.S. Equity
|
| | |
Touchstone VST Small Company Fund - Class I - Fort Washington Investment Advisors Inc(1)
|
| | |
0.76%
|
| | |
16.60%
|
| | |
12.29%
|
| | |
9.49%
|
| |
| |
Taxable Bond
|
| | |
VanEck® VIP Emerging Markets Bond Fund - Initial Class(1)
|
| | |
1.10%
|
| | |
11.40%
|
| | |
4.06%
|
| | |
1.97%
|
| |
| |
Sector Equity
|
| | | VanEck® VIP Global Resources Fund - Class S | | | |
1.36%
|
| | |
-3.84%
|
| | |
10.34%
|
| | |
-1.26%
|
| |
| |
U.S. Equity
|
| | | Vanguard® VIF Capital Growth Portfolio | | | |
0.34%
|
| | |
27.98%
|
| | |
14.33%
|
| | |
12.85%
|
| |
| |
U.S. Equity
|
| | | Vanguard® VIF Diversified Value Portfolio | | | |
0.29%
|
| | |
20.13%
|
| | |
14.28%
|
| | |
9.27%
|
| |
| |
U.S. Equity
|
| | | Vanguard® VIF Mid-Cap Index Portfolio | | | |
0.17%
|
| | |
15.83%
|
| | |
12.56%
|
| | |
9.27%
|
| |
| |
Sector Equity
|
| | | Vanguard® VIF Real Estate Index Portfolio | | | |
0.26%
|
| | |
11.70%
|
| | |
7.18%
|
| | |
7.29%
|
| |
| |
U.S. Equity
|
| | | Vanguard® VIF Small Company Growth Portfolio | | | |
0.29%
|
| | |
19.65%
|
| | |
9.98%
|
| | |
7.85%
|
| |
| |
Income Segment Covered Funds
(for Contracts with the Guaranteed Lifetime Withdrawal Benefit Rider) |
| | ||||||||||||||||||||
| |
Allocation
|
| | |
Empower Conservative Profile Fund - Investor Class(1)
|
| | |
0.78%
|
| | |
8.25%
|
| | |
4.59%
|
| | |
3.71%
|
| |
| |
Allocation
|
| | | Empower Moderate Profile Fund - Investor Class(1) | | | |
0.92%
|
| | |
11.93%
|
| | |
7.59%
|
| | |
5.74%
|
| |
| |
Allocation
|
| | |
Empower Moderately Conservative Profile Fund - Investor Class(1)
|
| | |
0.83%
|
| | |
9.90%
|
| | |
6.05%
|
| | |
4.71%
|
| |
| |
Allocation
|
| | |
Empower SecureFoundation® Balanced Fund - Investor Class(1)
|
| | |
0.60%
|
| | |
13.18%
|
| | |
7.61%
|
| | |
5.87%
|
| |