| |
Regular Mail |
Express Mail |
| |
NYLIAC Variable Products Service Center Madison Square Station P.O. Box 922 New York, NY 10159 |
NYLIAC Variable
Products Service Center 51 Madison Avenue
Floor 3B, Room 0304 New York, NY 10010 |
| |
Regular Mail |
|
| |
New York Life P.O. Box 130539 Dallas, TX 75313-0539 |
|
| |
Regular Mail |
Express Mail |
| |
NYLIAC 75 Remittance Drive, Suite 3021 Chicago, IL 60675-3021 |
NYLIAC 5450 N.
Cumberland Avenue, Suite 100 Chicago, IL 60656-1422 |
| |
Fees and Expenses | ||
| Charges for Early
Withdrawals |
If you fully surrender your policy for the Cash Surrender Value, partially surrender or
withdraw money from your policy within a maximum of 10 years following your
purchase of the policy, you may be assessed a maximum surrender charge equal to
the lesser of (a) or (b) where (a) equals 50% of the total premiums paid under the
Policy and (b) equals a percentage of the Surrender Charge Premium. Surrender charges are not applicable on full surrenders of the policy for its ACSV. For example, if you were to withdraw $100,000 during the first 10 years after your
policy purchase, the ACSV was not available, and your total premiums paid were
$100,000, then you could be assessed a charge of up to $50,000 on the amount
withdrawn.
For more detailed information, see the Prospectus, Table of Fees and Expenses;
Charges Associated with the Policy – Transaction Charges. | ||
| Transaction Charges |
In addition to surrender charges for early withdrawals, you may be charged for other
transactions. These include surrender charges for Face Amount decreases,
Premium Expense Charges (deducted from each premium payment), and charges if you exercise the Living Benefits Rider or the Overloan Protection Rider. A conditional
premium payment may be required if you exercise the Insurance Exchange Rider. A
withdrawal fee may apply if you make a withdrawal from the Premium
Deposit Account.
We reserve the right to impose partial surrender fees, transfer charges (when you
transfer Cash Value between Investment Options), and a returned payment (bad check) fee, but we currently do not impose these charges.
For more detailed information, see the Prospectus, Table of Fees and Expenses;
Charges Associated with the Policy – Deductions From Premium
Payments; Charges Associated with the Policy – Transaction
Charges. | ||
| Ongoing Fees and Expenses (annual charges) |
In addition to surrender charges and transaction charges, an investment in the policy
is subject to certain ongoing fees and expenses. Some of these charges, such as the
Cost of Insurance Charge, the Administrative Charge, and certain rider charges (for optional benefits), are set based on individual characteristics of the insured (e.g.,
age, gender, and rating classification). Other ongoing charges include the Contract Charge, the Mortality and Expense Risk Charge, loan interest, and certain rider
charges. Please refer to your Policy Specifications Page for rates and the specific
fees applicable to your policy.
Investors will also bear expenses associated with the Eligible Portfolios (portfolio
companies), as shown in the following table, which shows the minimum and
maximum total operating expenses deducted from Fund assets (before any
fee waiver or expense reimbursement) during the year ended December
31, 2024 and which may change from year to year. | ||
| |
Fees and Expenses | ||
| |
Portfolios’ Annual Operating Expenses (expenses that are
deducted from Portfolio assets) | ||
| |
Annual Fee |
Minimum |
Maximum |
| |
Investment Options
(Eligible Portfolio fees
and expenses) |
0.13% |
1.34% |
| |
For more detailed information, see the Prospectus, Table of Fees and Expenses;
Charges Associated with the Policy; and Appendix: Eligible Portfolios Available
Under the Policy for our list of available Eligible Portfolios, the
current expenses for these Portfolios, and the Average Annual Total
Returns. | ||
| |
Risks |
| Risk of Loss |
You can lose money by investing in this policy, including loss of your premiums
(principal).
For more detailed information, see the Prospectus, Summary of Principal Risks of
Investing in the Policy; Management and Organization – About the
Separate Account. |
| Not a Short-Term
Investment |
This policy is not designed for short-term investing and is not appropriate for an
investor who needs ready access to cash.
The policy is designed to provide a Life Insurance Benefit or to help meet other
long-term financial objectives. Substantial fees, expenses, and tax implications in
the early years of the policy make variable life insurance unsuitable
as a short-term savings vehicle. Additionally, the policy may limit
your ability to withdraw a portion of the Cash Value through partial
surrenders or loans. For more detailed information, see the Prospectus,
Summary of Principal Risks of Investing in the Policy; Loans; and
Surrenders–Partial Surrenders–Amount Available for a
Partial Surrender. |
| Risks Associated with
Investment Options |
•An investment in this policy is subject to the risk of poor investment
performance of the Eligible Portfolios (portfolio companies) you
choose, and the value of an investment can vary depending on the
performance of the Eligible Portfolios. •Each investment option (the Eligible Portfolios and the Fixed Investment Options)
has its own unique risks. The performance of the Eligible Portfolios will vary, and
some are riskier than others. •A discussion of the risks of allocating your premiums or Cash Value to one or more
Eligible Portfolios can be found in the prospectuses for the Eligible Portfolios,
which are available at https://dfinview.com/NewYorkLife/TAHD/marketwealthplus. You should review the prospectuses for the Eligible Portfolios before making an investment decision. For more detailed information, see the Prospectus, Summary of Principal Risks of
Investing in the Policy; Management and Organization – About the Separate
Account. |
| Insurance Company Risks |
An investment in the policy is subject to the risks related to New York Life
Insurance and Annuity Corporation (NYLIAC), including: ○Any obligations (including the Fixed Account and the DCA Accounts), guarantees, and benefits of the policy are subject to the claims-paying ability and
financial strength of NYLIAC. ○There are risks relating to NYLIAC’s administration of the policy, including
cybersecurity and infectious disease outbreak risks. ○If NYLIAC experiences financial distress, it may not be able to meet its obligations to you. More information about NYLIAC, including its financial strength ratings, is available upon request from NYLIAC at 1-800-598-2019. For more detailed information, see the Prospectus, Management and Organization;
Financial Statements; Summary of Principal Risks of Investing in the Policy–
Insurance Company Risks; Risks Affecting Our Administration of the
Policy. |
| Contract Lapse |
Your policy can lapse even if you pay all of the planned premiums on time. When a
policy lapses, it has no value, and no benefits are paid upon the death of the
insured. You may also lose the principal invested. A policy can lapse
if the Cash Surrender Value is insufficient to pay the Monthly Deduction Charges and other charges. This can happen due to insufficient premium payments, poor investment performance,
partial surrenders, unpaid loans or loan interest, and policy charges (including
increases in those charges). The larger a policy loan becomes relative
to the policy’s Cash Surrender Value, the greater the risk that
the policy’s Cash Surrender Value will not be sufficient to
support the policy’s charges and expenses, including any loan
interest due, and the greater the risk of the policy lapsing. A policy lapse may
have tax consequences.
A policy that has a Cash Surrender Value just sufficient to cover Monthly Deduction Charges and other charges, or that is otherwise minimally funded, is
less likely to maintain its Cash Surrender Value due to market
fluctuation and other performance related risks. To continue to keep
your policy in force when the Guarantee Period
ends, premium payments significantly higher than the premium necessary
to maintain the No Lapse Guarantee benefit may be
required. If the policy lapses, there are costs and premium
requirements associated with reinstatement of the policy.
For more detailed information, see the Prospectus, Summary of Principal Risks of
Investing in the Policy; Termination and Reinstatement; Premiums -
Risk of Minimally Funded Policies. |
| |
Restrictions |
| Investments |
•You can select a maximum of 21 Investment Options among the available Investment Divisions (that invest in the Eligible Portfolios), the Fixed Account and/or
the DCA Accounts. •The minimum amount that you can transfer is $500. The maximum amount that you
can transfer out of the Fixed Account in any Policy Year is the greater of (a) 20% of
the amount in the Fixed Account at the beginning of the Policy Year, or (b)
$5,000. •NYLIAC reserves the right to remove, substitute or close to investors any Eligible
Portfolios (portfolio companies) as Investment Options that are available under the
policy. •We set limits on the number of electronic or telephonic transfer requests that can
be made in any period. If these limits are exceeded, any subsequent transfer
requests must be made by U.S. mail or overnight courier.
•In addition, we may limit your ability to make transfers involving the Investment
Divisions if a transfer may disadvantage or potentially harm or hurt the rights of
other policyowners in order to prevent market timing. We will also
reject or reverse a transfer request if for any reason any of the
Eligible Portfolios do not accept the purchase of its
shares. For more detailed information, see the Prospectus, Descriptions
of the Policy - Investment Divisions, the Fixed Account and the DCA
Accounts; Descriptions of the Policy - Transfers Among the Investment
Divisions, the Fixed Account and the DCA Accounts; Description of the
Policy – Limits on Transfers; and Appendix: Eligible Portfolios
Available Under the Policy for our list of available Eligible Portfolios. |
| Optional Benefits |
•We may modify or discontinue offering an optional benefit at any
time. •There are limitations on the benefit amounts associated with some optional benefits. •Activation of certain optional benefits may affect the Face Amount, life
insurance proceeds or other rights under the policy.
•Some optional benefits have Policy Year limitations and/or age requirements. •Some optional benefits may have tax implications. •Some optional benefits may not be used together. •We may change these restrictions in the future. For more detailed information, see the Prospectus, Descriptions of the Policy—Additional Benefits Through Riders and Options. |
| |
Taxes |
| Tax Implications |
•Consult with a tax professional to determine the tax implications of an
investment in and payments received under this policy.
•Earnings on your policy (if any) are taxed when you withdraw them (or if a policy
loan is not repaid), at ordinary income tax rates, and may be subject to a tax
penalty before age 59 ½.
For more detailed information, see the Prospectus, Summary of Principal Risks of
Investing in the Policy–Tax Risks; Federal Income Tax
Considerations. |
| |
Conflicts of Interest |
| Investment Professional
Compensation |
Your investment professional may receive compensation for selling this policy to
you, in the form of commissions, asset-based compensation, allowances
for expenses, and other compensation programs, and because NYLIAC may
share the revenue it earns on this policy with the
professional’s firm. (Your investment professional may be your
registered representative, broker, investment adviser, insurance agent, or someone else). These investment professionals may have a financial incentive to recommend this
policy over another policy or investment.
For more detailed information, see the Prospectus, Distribution and Compensation
Arrangements. |
| Exchanges |
Some investment professionals may have a financial incentive to offer you a new
policy in place of the one you own. You should only exchange your policy if you
determine, after comparing the features, fees, and risks of both
policies, that it is preferable for you to purchase the new policy
rather than continue to own your existing policy. The ACSV is not
available for IRC Section 1035 exchanges to another life insurance
policy. For more detailed information, see the Prospectus, Description
of the Policy–Tax-Free “Section 1035” Insurance
Policy Exchanges. |
| Portfolio Type |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2024) | ||
| 1 Year |
5 Year |
10 Year | |||
| Large Cap Equity |
NYLI VP American Century Sustainable
Equity—Initial Class Adviser: New York Life Investment Management LLC (“New York Life Investments”) Subadviser: American Century Investment Management, Inc. |
0.66% |
19.84%
|
11.76%
|
9.90%
|
| Asset Allocation |
NYLI VP Balanced—Initial Class Adviser: New York Life Investments Subadvisers: NYL Investors LLC (“NYLI”) and Wellington Management Company LLP (“Wellington”) |
0.71% |
7.90%
|
6.72%
|
5.87%
|
| Investment Grade Bond |
NYLI VP Bond—Initial Class Adviser: New York Life Investments Subadviser: NYLI |
0.54% |
1.84%
|
(0.42)
% |
1.32%
|
| Sector |
NYLI VP CBRE Global Infrastructure—Initial
Class Adviser: New York Life Investments Subadviser: CBRE Investment Management Listed Real Assets LLC |
0.95%* |
7.86%
|
1.18%
|
N/A |
| Asset Allocation |
NYLI VP Conservative Allocation—Initial
Class Adviser: New York Life Investments |
0.51% |
6.51%
|
4.07%
|
4.30% |
| Portfolio Type |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2024) | ||
| 1 Year |
5 Year |
10 Year | |||
| Large Cap Equity |
NYLI VP Dimensional U.S. Equity (formerly MainStay VP Wellington U.S. Equity)—Initial
Class Adviser: New York Life Investments Subadviser: Dimensional Fund Advisors LP |
0.54%* |
23.86%
|
12.74%
|
11.33%
|
| Large Cap Equity |
NYLI VP Epoch U.S. Equity Yield—Initial
Class Adviser: New York Life Investments Subadviser: Epoch Investment Partners, Inc. ("Epoch") |
0.68%* |
18.54%
|
9.08%
|
8.09%
|
| Asset Allocation |
NYLI VP Equity Allocation—Initial Class Adviser: New York Life Investments |
0.65% |
11.87%
|
8.37%
|
7.58%
|
| Sector |
NYLI VP Fidelity Institutional AM®
Utilities—Initial Class Adviser: New York Life Investments Subadviser: FIAM LLC |
0.68% |
28.94%
|
9.40%
|
7.86%
|
| Non-Investment Grade
Bond |
NYLI VP Floating Rate—Initial Class Adviser: New York Life Investments Subadviser: NYLI |
0.64% |
8.09%
|
4.89%
|
4.53%
|
| Asset Allocation |
NYLI VP Growth Allocation—Initial Class Adviser: New York Life Investments |
0.60% |
10.39%
|
7.41%
|
6.80%
|
| Alternatives |
NYLI VP Hedge Multi-Strategy—Initial Class Adviser: New York Life Investments |
1.08*% |
6.54%
|
2.41%
|
0.44%
|
| Asset Allocation |
NYLI VP Income Builder—Initial Class Adviser: New York Life Investments Subadvisers: Epoch and MacKay Shields LLC (“MacKay”) |
0.62% |
11.65%
|
4.86%
|
5.35%
|
| Asset Allocation |
NYLI VP Janus Henderson Balanced—Initial
Class Adviser: New York Life Investments Subadviser: Janus Henderson Investors US LLC (“Janus”) |
0.57% |
15.72%
|
8.44%
|
8.73% |
| Portfolio Type |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2024) | ||
| 1 Year |
5 Year |
10 Year | |||
| Non-Investment Grade
Bond |
NYLI VP MacKay Convertible—Initial Class Adviser: New York Life Investments Subadviser: MacKay |
0.57% |
8.64%
|
8.95%
|
8.57%
|
| Non-Investment Grade
Bond |
NYLI VP MacKay High Yield Corporate
Bond—Initial Class Adviser: New York Life Investments Subadviser: MacKay |
0.58% |
7.12%
|
4.15%
|
5.27%
|
| Non-Investment Grade
Bond |
NYLI VP MacKay Strategic Bond—Initial
Class Adviser: New York Life Investments Subadviser: MacKay |
0.63% |
7.15%
|
3.45%
|
3.26%
|
| Investment Grade Bond |
NYLI VP MacKay U.S. Infrastructure
Bond—Initial Class Adviser: New York Life Investments Subadviser: MacKay |
0.57% |
1.03%
|
(0.55)%
|
0.62%
|
| Large Cap Equity |
NYLI VP MFS® Investors Trust Portfolio –
Initial
Class Adviser: New York Life Investments
Subadviser: Massachusetts Financial
Services Company (“MFS”) |
0.74% |
N/A |
N/A |
N/A |
| Large Cap Equity |
NYLI VP MFS® Research—Initial Class Adviser: New York Life Investments
Subadviser: MFS |
0.75% |
N/A |
N/A |
N/A |
| Asset Allocation |
NYLI VP Moderate Allocation—Initial Class Adviser: New York Life Investments |
0.55% |
8.73%
|
5.68%
|
5.57%
|
| Sector |
NYLI VP Natural Resources—Initial Class Adviser: New York Life Investments Subadviser: Newton Investment
Management North America, LLC
(“NIMNA”) |
0.84% |
0.74%
|
15.53%
|
5.04% |
| Portfolio Type |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2024) | ||
| 1 Year |
5 Year |
10 Year | |||
| Sector |
NYLI VP Newton Technology Growth—Initial
Class Adviser: New York Life Investments Subadviser: NIMNA |
0.77% |
N/A |
N/A |
N/A |
| Investment Grade Bond |
NYLI VP PIMCO Real Return—Initial Class Adviser: New York Life Investments Subadviser: Pacific Investment Management Company LLC (“PIMCO”) |
0.82%* |
2.21%
|
2.03%
|
2.24%
|
| International/Global
Equity |
NYLI VP PineStone International
Equity—Initial Class Adviser: New York Life Investments Subadviser: PineStone Asset Management Inc. |
0.85% |
4.51%
|
1.69%
|
4.85%
|
| Large Cap Equity |
NYLI VP S&P 500 Index—Initial Class Adviser: New York Life Investments |
0.12%* |
24.83%
|
14.38%
|
12.90%
|
| Small/Mid Cap Equity |
NYLI VP Schroders Mid Cap Opportunities
(formerly MainStay VP Wellington Mid
Cap)—Initial Class Adviser: New York Life Investments Subadviser: Schroder Investment
Management North America |
0.83% |
9.98%
|
5.82%
|
6.24%
|
| Small/Mid Cap Equity |
NYLI VP Small Cap Growth—Initial Class Adviser: New York Life Investments Subadvisers: Brown Advisory, LLC and Segall Bryant & Hamill, LLC |
0.85% |
10.41%
|
7.76%
|
8.33%
|
| Money Market |
NYLI VP U.S. Government Money
Market—Initial Class Adviser: New York Life Investments Subadviser: NYLI |
0.28% |
5.02%
|
2.25%
|
1.48%
|
| Small/Mid Cap Equity |
NYLI VP Wellington Small Cap—Initial Class Adviser: New York Life Investments Subadviser: Wellington |
0.75%* |
14.41%
|
6.06%
|
N/A |
| Portfolio Type |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2024) | ||
| 1 Year |
5 Year |
10 Year | |||
| Large Cap Equity |
NYLI VP Winslow Large Cap Growth—Initial
Class Adviser: New York Life Investments Subadviser: Winslow Capital Management, Inc. |
0.74% |
29.60%
|
16.86%
|
15.28%
|
| Small/Mid Cap Equity |
AB VPS Discovery Value Portfolio—Class A Adviser: AllianceBernstein L.P.
(“AB”) |
0.81% |
10.02%
|
8.86%
|
7.63%
|
| Large Cap Value |
AB VPS Relative Value Portfolio—Class A Adviser: AB |
0.61% |
13.02%
|
9.81%
|
9.66%
|
| Asset Allocation |
American Funds IS Asset Allocation
Fund—Class 2 Adviser: Capital Research and Management CompanySM (“CRMC”) |
0.54% |
16.44%
|
8.32%
|
8.32%
|
| Investment Grade Bond |
American Funds IS The Bond Fund of
America®—Class 2 Adviser: CRMC |
0.48%* |
1.16%
|
0.32%
|
1.67%
|
| Investment Grade Bond |
American Funds IS Capital World Bond
Fund®—Class 2 Adviser: CRMC |
0.73%* |
(3.04)%
|
(2.41)%
|
(0.09)%
|
| International/Global
Equity |
American Funds IS Global Small
Capitalization Fund—Class 2 Adviser: CRMC |
0.90%* |
2.33%
|
3.01%
|
5.81%
|
| Large Cap Equity |
American Funds IS Growth Fund—Class 2 Adviser: CRMC |
0.59% |
31.61%
|
18.83%
|
16.58%
|
| Sector |
American Funds IS New World
Fund®—Class 2 Adviser: CRMC |
0.82%* |
6.55%
|
4.54%
|
6.22%
|
| Investment Grade Bond |
American Funds IS U.S. Government
Securities Fund®—Class 2 Adviser: CRMC |
0.50%* |
0.75%
|
0.14%
|
1.10%
|
| Large Cap Equity |
American Funds IS Washington Mutual
Investors Fund—Class 2 Adviser: CRMC |
0.50%* |
19.14%
|
12.18%
|
10.26% |
| Portfolio Type |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2024) | ||
| 1 Year |
5 Year |
10 Year | |||
| Asset Allocation |
BlackRock® Global Allocation V.I.
Fund—Class I Adviser: BlackRock Advisors, LLC (“BlackRock”) Subadviser: BlackRock (Singapore) Limited |
0.77%* |
9.23%
|
6.01%
|
5.59%
|
| Non-Investment Grade
Bond |
BlackRock® High Yield V.I. Fund—Class I
Adviser: BlackRock Subadviser: BlackRock International Limited |
0.54%* |
8.26%
|
4.42%
|
5.00%
|
| Large Cap Equity |
BNY Mellon Sustainable U.S. Equity
Portfolio—Initial Shares Adviser: BNY Mellon Investment Adviser, Inc. Subadviser: Newton Investment Management Limited |
0.67% |
24.89%
|
13.46%
|
11.52%
|
| Large Cap Equity |
ClearBridge Variable Appreciation
Portfolio—Class I Adviser: Franklin Templeton Fund Adviser, LLC (“FTFA”) Subadviser: ClearBridge Investments, LLC |
0.70% |
22.65%
|
12.78%
|
11.99%
|
| Non-Investment Grade
Bond |
Columbia Variable Portfolio—Emerging
Markets Bond Fund—Class 1 Adviser: Columbia Management Investment
Advisers, LLC ("Columbia") |
0.75% |
6.39%
|
0.72%
|
2.92%
|
| Investment Grade Bond |
Columbia Variable Portfolio—Intermediate
Bond Fund—Class 1 Adviser: Columbia |
0.52% |
1.97%
|
0.20%
|
1.91%
|
| Alternatives |
DWS Alternative Asset Allocation
VIP—Class A Adviser: DWS Investment Management Americas Inc. (“DIMA”) Subadviser: RREEF America LLC |
0.88% |
5.64%
|
4.36%
|
3.17%
|
| Small/Mid Cap Equity |
DWS Small Cap Index VIP—Class A Adviser: DIMA Subadviser: Northern Trust Investments, Inc. |
0.38%* |
11.15%
|
7.09%
|
7.53% |
| Portfolio Type |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2024) | ||
| 1 Year |
5 Year |
10 Year | |||
| Small/Mid Cap Equity |
DWS Small Mid Cap Value VIP—Class A Adviser: DIMA |
0.84%* |
6.21%
|
5.88%
|
5.58%
|
| Investment Grade Bond |
Fidelity® VIP Bond Index Portfolio—Initial
Class Adviser: Fidelity Management & Research Company (“FMR”) Subadvisers: Other investment advisers |
0.14% |
1.21%
|
(0.46)%
|
N/A |
| Large Cap Equity |
Fidelity® VIP ContrafundSM Portfolio—Initial
Class Adviser: FMR Subadvisers: Other investment advisers |
0.56% |
33.79%
|
17.04%
|
13.62%
|
| International/Global
Equity |
Fidelity® VIP Emerging Markets
Portfolio—Initial Class Adviser: FMR Subadvisers: Other investment advisers |
0.88% |
10.04%
|
4.35%
|
6.05%
|
| Large Cap Equity |
Fidelity® VIP Equity-Income
PortfolioSM—Initial Class Adviser: FMR Subadvisers: Other investment advisers |
0.47% |
15.35%
|
10.08%
|
9.21%
|
| Small/Mid Cap Equity |
Fidelity® VIP Extended Market Index
Portfolio—Initial Class Adviser: FMR Subadviser: Geode Capital Management, LLC (“Geode”) |
0.13% |
12.31%
|
8.80%
|
N/A |
| Asset Allocation |
Fidelity® VIP Freedom 2020
PortfolioSM—Initial Class Adviser: FMR |
0.46% |
7.71%
|
5.15%
|
6.02%
|
| Asset Allocation |
Fidelity® VIP Freedom 2030
PortfolioSM—Initial Class Adviser: FMR |
0.51% |
9.41%
|
6.50%
|
7.30%
|
| Asset Allocation |
Fidelity® VIP Freedom 2040
PortfolioSM—Initial Class Adviser: FMR |
0.59% |
13.10%
|
9.10%
|
8.95% |
| Portfolio Type |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2024) | ||
| 1 Year |
5 Year |
10 Year | |||
| Large Cap Equity |
Fidelity® VIP Growth Opportunities
Portfolio—Initial Class Adviser: FMR Subadvisers: Other investment advisers |
0.57% |
38.89%
|
18.76%
|
18.22%
|
| Sector |
Fidelity® VIP Health Care Portfolio—Initial
Class Adviser: FMR Subadvisers: Other investment advisers |
0.59% |
5.14%
|
5.46%
|
7.96%
|
| International/Global
Equity |
Fidelity® VIP International Index
Portfolio—Initial Class Adviser: FMR Subadviser: Geode |
0.17% |
5.11%
|
4.10%
|
N/A |
| Investment Grade Bond |
Fidelity® VIP Investment Grade Bond
Portfolio—Initial Class Adviser: FMR Subadvisers: Other investment advisers |
0.38% |
1.79%
|
0.46%
|
1.93%
|
| Small/Mid Cap Equity |
Fidelity® VIP Mid Cap Portfolio—Initial
Class Adviser: FMR Subadvisers: Other investment advisers |
0.57% |
17.49%
|
11.34%
|
9.21%
|
| Asset Allocation |
Franklin Templeton Aggressive Model
Portfolio—Class I Adviser: FTFA Subadviser: Franklin Advisers, Inc. (“Franklin”) |
0.63% |
18.29%
|
N/A |
N/A |
| Asset Allocation |
Franklin Templeton Conservative Model
Portfolio—Class I Adviser: FTFA Subadviser: Franklin |
0.60% |
6.39%
|
N/A |
N/A |
| Asset Allocation |
Franklin Templeton Moderate Model
Portfolio—Class I Adviser: FTFA Subadviser: Franklin |
0.58% |
12.27%
|
N/A |
N/A |
| Portfolio Type |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2024) | ||
| 1 Year |
5 Year |
10 Year | |||
| Asset Allocation |
Franklin Templeton Moderately Aggressive
Model Portfolio—Class I Adviser: FTFA Subadviser: Franklin |
0.60% |
14.49%
|
N/A |
N/A |
| Asset Allocation |
Franklin Templeton Moderately Conservative
Model Portfolio—Class I Adviser: FTFA Subadviser: Franklin |
0.59% |
9.69%
|
N/A |
N/A |
| International/Global
Equity |
Invesco V.I. EQV International Equity
Fund—Series I Shares Adviser: Invesco Advisers, Inc. (“Invesco”) |
0.90% |
0.62%
|
3.23%
|
4.36%
|
| Small/Mid Cap Equity |
Invesco V.I. Main Street Small Cap
Fund®—Series I Shares Adviser: Invesco |
0.86% |
12.69%
|
10.49%
|
9.00%
|
| Small/Mid Cap Equity |
Janus Henderson Enterprise
Portfolio—Institutional Shares Adviser: Janus |
0.72% |
15.61%
|
9.88%
|
12.40%
|
| International/Global
Equity |
Janus Henderson Global Research
Portfolio—Institutional Shares Adviser: Janus |
0.72% |
23.58%
|
12.35%
|
10.55%
|
| Small/Mid Cap Equity |
LVIP SSgA Mid-Cap Index Fund—Standard
Class Adviser: Lincoln Financial Investments Corporation Subadviser: SSgA Funds Management, Inc. |
0.35%* |
13.55%
|
9.94%
|
9.31%
|
| International/Global
Equity |
Macquarie VIP Emerging Markets
Series—Standard Class Adviser: Delaware Management Company, a series of Macquarie Investment Management Business Trust (“DMC”) Subadviser: Macquarie Investment Management Global Limited (“MIMGL”) |
1.16%* |
5.09%
|
1.03%
|
4.05% |
| Portfolio Type |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2024) | ||
| 1 Year |
5 Year |
10 Year | |||
| Small/Mid Cap Equity |
Macquarie VIP Small Cap Value
Series—Standard Class Adviser: DMC Subadviser: MIMGL |
0.74% |
11.32%
|
7.15%
|
7.60%
|
| International Equity |
MFS® International Intrinsic Value
Portfolio—Initial Class Adviser: MFS |
0.89%* |
7.25%
|
5.15%
|
7.53%
|
| Mid Cap Equity |
MFS® Mid Cap Value Portfolio—Initial
Class Adviser: MFS |
0.79%* |
13.75%
|
9.74%
|
9.05%
|
| Small/Mid Cap Equity |
MFS® New Discovery Series—Initial Class
Adviser: MFS |
0.87%* |
6.72%
|
4.96%
|
9.19%
|
| Foreign Large Blend |
MFS® Research International
Portfolio—Initial Class Adviser: MFS |
0.89%* |
3.09%
|
3.89%
|
5.21%
|
| Small/Mid Cap Equity |
Neuberger Berman AMT Mid Cap Growth
Portfolio—Class I Adviser: Neuberger Berman Investment Advisers LLC |
0.90% |
24.02%
|
10.56%
|
10.52%
|
| Investment Grade Bond |
PIMCO VIT Income Portfolio—Institutional
Class Adviser: PIMCO |
0.91% |
5.57%
|
2.87%
|
N/A |
| Investment Grade Bond |
PIMCO VIT International Bond Portfolio
(U.S. Dollar-Hedged)—Institutional Class Adviser: PIMCO |
0.86% |
5.62%
|
1.50%
|
2.67%
|
| Investment Grade Bond |
PIMCO VIT Low Duration
Portfolio—Institutional Class Adviser: PIMCO |
0.52% |
4.65%
|
1.23%
|
1.43%
|
| Investment Grade Bond |
PIMCO VIT Short-Term
Portfolio—Institutional Class Adviser: PIMCO |
0.47% |
6.21%
|
2.92%
|
2.55%
|
| Investment Grade Bond |
PIMCO VIT Total Return
Portfolio—Institutional Class Adviser: PIMCO |
0.64% |
2.69%
|
0.12%
|
1.69% |
| Portfolio Type |
Portfolio and Adviser/Subadviser |
Current
Expenses |
Average Annual Total Returns
(as of 12/31/2024) | ||
| 1 Year |
5 Year |
10 Year | |||
| Sector |
Principal VC Real Estate Securities
Account—Class 1 Adviser: Principal Global Investors, LLC Subadviser: Principal Real Estate Investors, LLC |
0.79% |
5.59%
|
3.90%
|
6.25%
|
| International/Global
Equity |
Putnam VT International Value Fund—
Class IA Adviser: Putnam Investment Management, LLC Subadvisers: Franklin Advisers, Inc., Franklin Templeton Investment Management Limited and The Putnam Advisory Company, LLC |
0.82% |
5.44%
|
7.08%
|
5.72%
|
| Large Cap Equity |
Voya Growth and Income Portfolio— Class I Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.67% |
23.85%
|
15.28%
|
12.56%
|
| Investment Grade Bond |
Western Asset Core Plus VIT
Portfolio—Class I Adviser: FTFA Subadvisers: Western Asset Management Company, LLC; Western Asset Management Company Limited; Western Asset Management Company Ltd.; and Western Asset Management Company Pte. Ltd. |
0.52% |
(0.42)%
|
(1.16)%
|
1.47% |