Updating Summary Prospectus
ONcore Select 4 Variable Annuity and ONcore Select 7 Variable Annuity
Issued by
AuguStar® Life Insurance Company
through
AuguStar Variable Account A
May 1, 2025
This updating summary prospectus summarizes certain changes to key features of the ONcore Select 4 Variable Annuity and ONcore Select 7 Variable Annuity contracts. This Updating Summary Prospectus also provides a summary of ONcore Select 4 Variable Annuity and ONcore Select 7 features that have changed since April 30, 2024.
The prospectus for the contract contains more information, such as the contract’s features, benefits, and risks. An updated prospectus for ONcore Select 4 Variable Annuity and ONcore Select 7 Variable Annuity can be found at augustarfinancial.com/variableproducts.
You can also obtain this information at no cost by calling 888.925.6446, writing to One Financial Way Montgomery, Ohio 45242 or sending an email request to AnnuityService@augustarfinancial.com.
Additional information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission’s staff and is available at Investor.gov.
TABLE OF CONTENTS 
2
3
4
7
Form 8508.1-USP
1
Glossary
AuguStar Life – AuguStar® Life Insurance Company, the depositor of the contract.
Contract Value – Contract Value is determined by multiplying the total number of units (for each subaccount) credited to the contract by the unit value (for such subaccount) for the current valuation period and adding to that any amount in the Fixed Accumulation Account or a DCA account.
DCA – Dollar cost averaging.
Enhanced DCA Account – An account available for purchase payments, subject to certain limitations, that provides a fixed interest rate that is higher than the rate being credited to the Fidelity® VIP Government Money Market Portfolio.
Fixed Accumulation Account – A subset of our general account that guarantees a fixed return for a specified period of time and guarantees the principal against loss.
Fund – A mutual fund in which subaccount assets may be invested. See Appendix A.
Subaccount – A subdivision of VAA. The assets of each subaccount are invested in a corresponding available Fund.
Surrender – To redeem the contract before annuity payments begin and receive its value minus any applicable surrender charge or other charges.
Valuation Period – The period of time from one determination of variable subaccount unit and annuity unit values to their next determination. A valuation period usually ends at 4:00 p.m. Eastern time on each day the New York Stock Exchange is open for unrestricted trading. The valuation period may end sooner to correspond to earlier closing of the New York Stock Exchange. Accumulation unit and annuity unit values for each annuity period are determined at the end of that valuation period.
VAA – AuguStar Variable Account A, a separate account of AuguStar Life consisting of assets segregated from AuguStar Life 's general assets for the purpose of funding annuity contracts whose values vary with the investment results of the separate account’s underlying Funds.
We, Us, Our – We, us and our refer to AuguStar Life.
You – You means the owner(s) of the contract or the last surviving owner’s estate if all owners are deceased.
Form 8508.1-USP
2
Updated Information About Your Contract
The following is a summary of certain contract features that have changed since the Updating Summary Prospectus dated April 30, 2024. This may not reflect all of the changes that have occurred since you purchased your contract.
Fee Changes
The following shows the minimum and maximum total operating expenses deducted from the assets of the Funds (before any fee waiver or expense reimbursement): 
Annual Fee
Minimum
Maximum
Investment options(Fund fees
and expenses)
0.35%
2.44%
Fund Changes
●
Effective August 1, 2024, the adviser for Federated Hermes Kaufmann Fund II portfolio changed from Federated Equity Management Company of Pennsylvania to Federated Global Investment Management Corp. Federated Global Investment Management Corp. was removed as subadviser.
●
On November 25, 2024, AVIP AB Risk Managed Balanced Portfolio was renamed AVIP Constellation Dynamic Risk Balanced Portfolio. AllianceBernstein L.P. is no longer the subadviser to the Portfolio.
●
On November 25, 2024, AVIP iShares Managed Risk Balanced Portfolio, AVIP iShares Managed Risk Moderate Growth Portfolio, and AVIP iShares Managed Risk Growth Portfolio were renamed AVIP Constellation Managed Risk Balanced Portfolio, AVIP Constellation Managed Risk Moderate Growth Portfolio, and AVIP Constellation Managed Risk Growth Portfolio, respectively. BlackRock Investment Management, LLC. is no longer the subadviser to the Portfolios.
Form 8508.1-USP
3
Important Information You Should Consider About the Contract 
FEES AND EXPENSES
LOCATION IN
PROSPECTUS
Charges for Early
Withdrawal
ONcore Select 7 – If you withdraw money from your contract within 7 years
following your last purchase payment, you will be assessed a surrender
charge. The maximum surrender charge is 8% of total purchase
payment, minus all previous withdrawals, during the first year,
declining down to 0% over the 7 years. For example, if you make an
early withdrawal within the first year, you could pay a withdrawal
charge of up to $8,000 on a $100,000 investment.
ONcore Select 4 – If you withdraw money from your contract within 4
years following your last purchase payment, you will be assessed a
surrender charge. The maximum surrender charge is 8% of total
purchase payment, minus all previous withdrawals, during the first
year, declining down to 0% over the 4 years. For example, if you make
an early withdrawal within the first year, you could pay a withdrawal
charge of up to $8,000 on a $100,000 investment.
During each contract year, you may withdraw not more than 10% of
the Contract Value (as of the day of the first withdrawal made during
that contract year) without a surrender charge.
Deductions and
Expenses –Surrender
Charge
Transaction Charges
In addition to surrender charges, you may also be charged for other
transactions, such as when you transfer Contract value between
investment options more than 12 times per contract year, take more
than 14 withdrawals in a contract year or for special requests (such as
wire transfers or overnight mail).
Deductions and
Expenses –
Withdrawal Fee and
Transfer Fee
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.
Deductions and
Expenses
Annual Fee
Minimum
Maximum
1. Base Contract
1.40%1
1.80%1
2. Investment options (Fund fees and
expenses)
0.35%2
2.28%2
3. Optional benefits available for an
additional charge (for a single optional
benefit, if elected)
0.15%3
1.50%3
Because your contract is customizable, the choices you make affect how much you will pay. To help you
understand the cost of owning your contract, the following table shows the lowest and highest cost you
could pay each year, based on current charges. This estimate assumes that you do not take withdrawals
from the contract, which could add surrender charges that substantially increase costs.
 
Lowest Annual Cost Estimate:
$1,677
Highest Annual Cost Estimate:
$5,695
 
Assumes:
●Investment of $100,000
●5% annual appreciation
●Least expensive combination of contract
classes and Fund fees and expenses
●No optional benefits
●No sales charges
●No additional purchase payments,
transfers or withdrawals
Assumes:
●Investment of $100,000
●5% annual appreciation
●Most expensive combination of contract classes,
optional benefits, and Fund fees and expenses
●No sales charges
●No additional purchase payments, transfers
or withdrawals
1
As a percentage of average Contract Value in the separate account.
2
As a percentage of average Fund net assets.
3
The minimum fee reflects the current charge for the least expensive optional benefit, the GEB, calculated as an annualized percentage of the Contract Value on a contract anniversary. The maximum fee reflects the current charge for the most expensive optional benefit, the Income Opportunity GLWB (Joint Life), calculated as an annualized percentage of the amount that is guaranteed under the optional benefit.
Form 8508.1-USP
4
 
 
RISKS
Location in
Prospectus
Risk of Loss
You can lose money by investing in this contract.
Principal Risks of
Investing in the
Contract
Not a Short-Term
Investment
This contract is not designed for short-term investing and is not
appropriate for an investor who needs ready access to cash.
Surrender charges apply for 4 years (ONcore Select 4) or 7 years
(ONcore Select 7) following your last purchase payment. They will
reduce the value of your contract if you withdraw money during
that time. The benefits of tax deferral and living benefit protections
also mean the contract is more beneficial to investors with a long
time horizon.
Principal Risks of
Investing in the
Contract
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 you choose.
Each investment option (including the Fixed Accumulation Account
and the Enhanced DCA Account) has its own unique risks.
You should review the prospectuses for the available Funds before
making an investment decision
Principal Risks of
Investing in the
Contract
Insurance Company
Risks
Any obligations (including under the Fixed Accumulation Account),
guarantees, and benefits of the contract are subject to the
claims-paying ability of AuguStar Life. More information about
AuguStar Life, including our financial strength ratings, is available
upon request by calling us at 888.925.6446.
Principal Risks of
Investing in the
Contract
 
RESTRICTIONS
Location in
Prospectus
Investments
We reserve the right to charge $10 for each transfer when you
transfer money between subaccounts in excess of 12 times in a
contract year.
We reserve the right to limit transfers in circumstances of frequent
or large transfers.
We reserve the right to remove, close or substitute Funds as
investment options that are available under the contract.
Investment Options –
The Funds;
Deductions and
Expenses – Transfer
Fee; and
Accumulation Period
Transfers Among
Subacccounts
Optional Benefits
Certain optional benefits limit or restrict the investment options
that you may select under the contract. We may change the
investment restrictions in the future, including limiting the
investment options available with the optional benefit.
Certain optional benefits could limit subsequent purchase
payments.
Certain benefits may limit withdrawals or other rights under the
contract. Under certain benefits, withdrawals may reduce the value
of an optional benefit by an amount greater than the value
withdrawn, which could significantly reduce the value of or even
terminate the benefit.
Death Benefit –Optional
Death Benefit Riders
and Optional Living
Benefit Riders
Form 8508.1-USP
5
 
TAXES
Location in
Prospectus
Tax Implications
Consult with a tax professional to determine the tax implications of
an investment in and purchase payments received under this
contract.
If you purchase the contract through a tax-qualified plan or
individual retirement account (IRA), you do not get any additional
tax deferral.
Earnings on your contract are taxed at ordinary income tax rates
when you withdraw them, and you may have to pay a penalty if you
take a withdrawal before age 591/2.
Federal Tax Status
 
CONFLICTS OF INTEREST
Location in
Prospectus
Investment
Professional
Compensation
Although the contracts are no longer offered for new sales, firms
and their registered representatives that sold the contracts may still
be paid for those sales. Your investment professional may receive
compensation for having sold this contract to you in the form of
commissions, service fees, additional cash benefits (e.g. bonuses),
and non-cash compensation. Accordingly, investment professionals
may have had a financial incentive to offer or recommend this
contract over another investment.
AuguStar Life Insurance
Company
Exchanges
Some investment professionals may have a financial incentive to
offer you a new contract in place of the one you own. You should
only consider exchanging your contract if you determine, after
comparing the features, fees, and risks of both contracts, that it is in
your best interest to purchase the new contract rather than
continue to own your existing contract.
N/A
Form 8508.1-USP
6
Appendix A – Funds Available Under the Contract
The following is a list of Funds available under the contract, which is subject to change, as discussed in the prospectus. Depending on the optional benefits you choose, you may not be able to invest in certain Funds. You can find the prospectuses and other information about the Funds online at augustarfinancial.com/variableproducts. You can also request this information at no cost by calling 888.925.6446 or by sending an email request to AnnuityService@augustarfinancial.com.
The current expenses and performance information below reflects fees and expenses of the Funds, but does not reflect the other fees and expenses that your contract may charge. Expenses would be higher and performance would be lower if these charges were included. Each Fund’s past performance is not necessarily an indication of future performance. 
Type/Investment
Objective
Fund and Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/2024)
1 year
5 year
10 year
Allocation
AB VPS Global Risk Allocation-Moderate
Portfolio (Class B)
Adviser: AllianceBernstein L.P.
0.78%*
12.28%
4.90%
N/A
Large Cap Value
Equity
AB VPS Relative Value Portfolio
(Class B)(1)
Adviser: AllianceBernstein L.P.
0.86%
12.76%
9.54%
9.39%
Small Cap
Growth Equity
AB VPS Small Cap Growth Portfolio
(Class B)
Adviser: AllianceBernstein L.P.
1.15%*
18.44%
7.28%
10.33%
Mid Cap Growth
Equity
AVIP AB Mid Cap Core Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: AllianceBernstein L.P.
0.92%
14.21%
7.36%
8.74%
Small Cap
Growth Equity
AVIP AB Small Cap Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: AllianceBernstein L.P.
0.88%
13.82%
6.63%
8.13%
Allocation
AVIP Balanced Model Portfolio
Adviser: Constellation Investments, Inc.
0.98%
9.67%
5.86%
N/A
Foreign Large
Cap Blend Equity
AVIP BlackRock Advantage International
Equity Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment
Management, LLC
0.86%
6.29%
5.79%
5.24%
Large Cap Blend
Equity
AVIP BlackRock Advantage Large Cap
Core Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment
Management, LLC
0.70%
26.27%
14.05%
11.96%
Large Cap
Growth Equity
AVIP BlackRock Advantage Large Cap
Growth Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment
Management, LLC
0.71%
31.07%
16.12%
13.92%
Large Cap Value
Equity
AVIP BlackRock Advantage Large Cap
Value Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment
Management, LLC
0.74%
15.76%
9.20%
8.42%
Form 8508.1-USP
7
Type/Investment
Objective
Fund and Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/2024)
1 year
5 year
10 year
Small Cap
Growth Equity
AVIP BlackRock Advantage Small Cap
Growth Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment
Management, LLC
0.87%
10.29%
6.50%
7.80%
Allocation
AVIP BlackRock Balanced Allocation
Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: BlackRock Investment
Management, LLC
0.57%
19.50%
10.21%
9.37%
Corporate Bond
AVIP Bond Portfolio
Adviser: Constellation Investments, Inc.
0.61%
2.38%
0.30%
2.39%
Allocation
AVIP Constellation Dynamic Risk
Balanced Portfolio(2)
Adviser: Constellation Investments, Inc.
0.88%
12.51%
6.67%
7.53%
Allocation
AVIP Constellation Managed Risk
Balanced Portfolio(3)
Adviser: Constellation Investments, Inc.
0.66%
9.16%
N/A
N/A
Allocation
AVIP Constellation Managed Risk
Growth Portfolio(3)
Adviser: Constellation Investments, Inc.
0.67%
14.86%
N/A
N/A
Allocation
AVIP Constellation Managed Risk
Moderate Growth Portfolio(3)
Adviser: Constellation Investments, Inc.
0.65%
11.51%
N/A
N/A
Intermediate
Core-Plus Bond
AVIP Federated Core Plus Bond Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: Federated Investment
Management Company
0.58%
1.71%
N/A
N/A
High Yield Bond
AVIP Federated High Income Bond
Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: Federated Investment
Management Company
0.86%
6.45%
3.45%
4.60%
Large Cap
Growth Equity
AVIP Fidelity Institutional AM® Equity
Growth Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: FIAM LLC
0.79%
30.68%
14.71%
15.16%
Allocation
AVIP Growth Model Portfolio
Adviser: Constellation Investments, Inc.
0.99%
13.75%
9.01%
N/A
Large Cap Blend
Equity
AVIP Intech U.S. Low Volatility Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: Intech Investment
Management LLC
0.61%
20.04%
N/A
N/A
Allocation
AVIP Moderate Growth Model Portfolio
Adviser: Constellation Investments, Inc.
0.96%
12.13%
7.56%
N/A
Allocation
AVIP Moderately Conservative Model
Portfolio
Adviser: Constellation Investments, Inc.
1.01%
7.77%
4.21%
N/A
Form 8508.1-USP
8
Type/Investment
Objective
Fund and Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/2024)
1 year
5 year
10 year
Large Cap
Growth Equity
AVIP Nasdaq-100® Index Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: Geode Capital
Management LLC
0.43%
25.37%
19.71%
18.02%
Large Cap Blend
Equity
AVIP S&P 500® Index Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: Geode Capital
Management LLC
0.38%
24.57%
14.09%
12.65%
Mid Cap Blend
Equity
AVIP S&P MidCap 400® Index Portfolio
Adviser: Constellation Investments, Inc.
Subadviser: Geode Capital
Management LLC
0.40%
13.43%
9.81%
8.06%
Large Cap Blend
Equity
BNY Mellon Appreciation Portfolio
(Service Class)
Adviser: BNY Mellon Investment
Adviser, Inc.
1.10%
12.48%
11.65%
11.28%
Equity
ClearBridge Variable Dividend Strategy
Portfolio (Class I)
Adviser: Legg Mason Partners Fund
Advisor, LLC
Subadviser: ClearBridge Investments,
LLC
0.75%
16.85%
10.85%
10.64%
Equity
ClearBridge Variable Large Cap Value
Portfolio (Class I)
Adviser: Legg Mason Partners Fund
Advisor, LLC
Subadviser: ClearBridge Investments,
LLC
0.72%
8.08%
9.10%
8.63%
Mid Cap Growth
Equity
Federated Hermes Kaufmann Fund II
(Service Class)
Adviser: Federated Global Investment
Management Corp.(4)
1.81%
16.78%
4.21%
9.09%
Large Cap Value
Equity
Fidelity® VIP Equity-Income PortfolioSM
(Service Class 2)
Adviser: Fidelity Management &
Research Company
0.72%
15.06%
9.80%
8.94%
Money Market
Fidelity® VIP Government Money
Market Portfolio (Service Class)
Adviser: Fidelity Management &
Research Company
Subadviser: Fidelity Investments Money
Management, Inc.
0.35%
4.98%
2.26%
1.55%
Large Cap
Growth Equity
Fidelity® VIP Growth Portfolio (Service
Class 2)
Adviser: Fidelity Management &
Research Company
0.81%
30.07%
18.63%
16.34%
Mid Cap Blend
Equity
Fidelity® VIP Mid Cap Portfolio (Service
Class 2)
Adviser: Fidelity Management &
Research Company
0.82%
17.18%
11.05%
8.94%
Form 8508.1-USP
9
Type/Investment
Objective
Fund and Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/2024)
1 year
5 year
10 year
Real Estate
Equity
Fidelity® VIP Real Estate Portfolio
(Service Class 2)
Adviser: Fidelity Management &
Research Company
0.86%
6.25%
1.94%
3.67%
Allocation
Fidelity® VIP Target Volatility Portfolio
(Service Class 2)
Adviser: Fidelity Management &
Research Company
0.84%*
9.80%
5.20%
5.65%
Allocation
Franklin Allocation VIP Fund (Class 4)
Adviser: Franklin Advisers, Inc.
Subadviser: Templeton Global Advisors
Limited, Franklin Templeton
Institutional, LLC, ClearBridge
Investments, LLC, Brandywine Global
Investment Management, LLC, Western
Asset Management Company, LLC,
Western Asset Management Company
Limited
0.92%*
8.89%
5.45%
5.25%
Allocation
Franklin DynaTech VIP Fund (Class 4)
Adviser: Franklin Advisers, Inc.
0.97%
30.29%
13.51%
12.57%
Allocation
Franklin Income VIP Fund (Class 4)
Adviser: Franklin Advisers, Inc.
0.82%*
7.08%
5.17%
5.15%
Allocation
Franklin Templeton Foreign VIP Fund
(Class 4)
Adviser: Templeton Investment Counsel,
LLC
1.16%*
-1.08%
2.49%
2.28%
Allocation
Franklin VolSmart Allocation VIP Fund
(Class 5)
Adviser: Franklin Advisers, Inc.
0.90%*
11.68%
8.42%
6.80%
Large Cap Blend
Equity
Goldman Sachs Strategic Growth Fund
(Service Class)
Adviser: Goldman Sachs Asset
Management, L.P.
0.96%*
32.09%
16.48%
14.63%
Allocation
Goldman Sachs Trend Driven Allocation
Fund (Service Class)
Adviser: Goldman Sachs Asset
Management, L.P.
0.96%*
11.76%
4.78%
4.16%
Large Cap Blend
Equity
Goldman Sachs U.S. Equity Insights Fund
(Service Class)
Adviser: Goldman Sachs Asset
Management, L.P.
0.77%*
28.00%
13.92%
11.83%
Foreign Large
Cap Growth
Equity
Invesco V.I. EQV International Equity
Fund (Series II)
Adviser: Invesco Advisers, Inc.
1.15%
0.34%
2.97%
4.10%
Allocation
Janus Henderson Balanced Portfolio
(Service Class)
Adviser: Janus Henderson Investors
US LLC
0.87%
15.15%
8.06%
8.39%
Form 8508.1-USP
10
Type/Investment
Objective
Fund and Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/2024)
1 year
5 year
10 year
Fixed Income
Janus Henderson Flexible Bond Portfolio
(Service Class)
Adviser: Janus Henderson Investors
US LLC
0.82%*
1.63%
0.09%
1.35%
Equity
Janus Henderson Global Research
Portfolio (Service Class)
Adviser: Janus Henderson Investors
US LLC
0.97%
23.27%
12.07%
10.27%
Equity
Janus Henderson Overseas Portfolio
(Service Class)
Adviser: Janus Henderson Investors
US LLC
1.13%
5.58%
6.94%
5.29%
Equity
Janus Henderson Research Portfolio
(Service Class)
Adviser: Janus Henderson Investors
US LLC
0.92%
34.96%
16.48%
14.24%
Equity
Lazard Retirement Emerging Markets
Equity Portfolio (Service Class)
Adviser: Lazard Asset Management LLC
1.40%*
7.43%
3.03%
3.26%
Allocation
Lazard Retirement Global Dynamic
Multi-Asset Portfolio (Service Class)
Adviser: Lazard Asset Management LLC
1.05%*
8.60%
2.33%
4.35%
Equity
Lazard Retirement International Equity
Portfolio (Service Class)
Adviser: Lazard Asset Management LLC
1.09%*
5.63%
3.57%
3.99%
Equity
Lazard Retirement US Small Cap Equity
Select Portfolio (Service Class)
Adviser: Lazard Asset Management LLC
1.12%*
11.12%
5.74%
6.73%
Equity
LVIP JPMorgan Small Cap Core Fund
(Standard Class)(1)
Adviser: Lincoln Financial Investments
Corporation
Subadviser: J.P. Morgan Investment
Management Inc.
0.75%
11.71%
7.05%
7.30%
Allocation
Macquarie VIP Asset Strategy Series
(Service Class)
Adviser: Delaware Management
Company
Subadviser: Securian Asset
Management, Inc.
0.85%*
12.44%
6.55%
5.27%
Natural
Resources Equity
Macquarie VIP Natural Resources Series
(Service Class)
Adviser: Delaware Management
Company
Subadviser: Securian Asset
Management, Inc.
1.25%*
-0.58%
5.80%
0.98%
Form 8508.1-USP
11
Type/Investment
Objective
Fund and Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/2024)
1 year
5 year
10 year
Technology
Equity
Macquarie VIP Science and Technology
Series (Service Class)
Adviser: Delaware Management
Company
Subadviser: Securian Asset
Management, Inc.
1.16%
30.59%
14.04%
13.54%
Large Cap
Growth Equity
MFS® Massachusetts Investors Growth
Stock Portfolio (Service Class)
Adviser: Massachusetts Financial
Services Company
0.97%*
15.98%
12.15%
12.90%
Mid Cap Growth
Equity
MFS® Mid Cap Growth Series (Service
Class)
Adviser: Massachusetts Financial
Services Company
1.05%*
14.44%
8.85%
11.43%
Small Cap
Growth Equity
MFS® New Discovery Series (Service
Class)
Adviser: Massachusetts Financial
Services Company
1.12%*
6.44%
4.71%
8.92%
Allocation
MFS® Total Return Series (Service Class)
Adviser: Massachusetts Financial
Services Company
0.86%*
7.46%
5.89%
6.20%
Large Cap
Growth Equity
Morgan Stanley VIF Growth Portfolio
(Class II)
Adviser: Morgan Stanley Investment
Management, Inc.
0.82%*
46.20%
13.33%
15.25%
Mid Cap Growth
Equity
Neuberger Berman AMT Mid Cap
Intrinsic Value Portfolio (Class S)
Adviser: Neuberger Berman Investment
Advisers LLC
1.25%*
8.67%
6.88%
5.41%
Commodities
PIMCO CommodityRealReturn® Strategy
Portfolio (Administrative Class)
Adviser: Pacific Investment
Management Company LLC
2.28%*
4.16%
7.09%
1.65%
Global Bond
PIMCO Global Bond Opportunities
Portfolio (Unhedged) (Administrative
Class)
Adviser: Pacific Investment
Management Company LLC
1.08%
-0.50%
-0.33%
0.82%
Short Term Bond
PIMCO Low Duration Portfolio
(Administrative Class)
Adviser: Pacific Investment
Management Company LLC
0.67%
4.50%
1.08%
1.28%
Inflation
Protected Bond
PIMCO Real Return Portfolio
(Administrative Class)
Adviser: Pacific Investment
Management Company LLC
1.07%
2.13%
1.93%
2.16%
Ultrashort Bond
PIMCO Short-Term Portfolio
(Administrative Class)
Adviser: Pacific Investment
Management Company LLC
0.62%
6.05%
2.76%
2.40%
Form 8508.1-USP
12
Type/Investment
Objective
Fund and Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of 12/31/2024)
1 year
5 year
10 year
Small Cap Blend
Equity
Royce Micro-Cap Portfolio (Investment
Class)
Adviser: Royce & Associates, LP
1.18%
13.67%
11.00%
7.28%
Small Cap Value
Equity
Royce Small-Cap Portfolio (Investment
Class)
Adviser: Royce & Associates, LP
1.14%
3.40%
7.17%
5.63%
*
Annual expenses reflect temporary fee reductions.
(1)
Available only in contracts with value allocated to this Fund as of May 1, 2023.
(2)
On November 25, 2024, AVIP AB Risk Managed Balanced Portfolio was renamed AVIP Constellation Dynamic Risk Balanced Portfolio. AllianceBernstein L.P. is no longer the sub-adviser to the Portfolio.
(3)
On November 25, 2024, AVIP iShares Managed Risk Balanced Portfolio, AVIP iShares Managed Risk Moderate Growth Portfolio, and AVIP iShares Managed Risk Growth Portfolio were renamed AVIP Constellation Managed Risk Balanced Portfolio, AVIP Constellation Managed Risk Moderate Growth Portfolio, and AVIP Constellation Managed Risk Growth Portfolio, respectively. BlackRock Investment Management, LLC. is no longer the sub-adviser to the Portfolios.
(4)
Effective August 1, 2024, the adviser for Federated Hermes Kaufmann Fund II portfolio changed from Federated Equity Management Company of Pennsylvania to Federated Global Investment Management Corp. Federated Global Investment Management Corp. was removed as subadviser.
Form 8508.1-USP
13
Investment Options Available with Certain Optional Riders
Income Opportunity GLWB
Option 1 – Select A Single Option
Allocation: 100%
Investment Options
AVIP Moderately Conservative Model Portfolio
AVIP Balanced Model Portfolio
Option 2 – Select Multiple Options
Allocations:  
 
Minimum
Maximum
Any individual investment
option included in any of the
Categories
0%
50%
Category 1 Investment Options
20%
50%
Category 2 Investment Options
20%
80%
Category 3 Investment Options
0%
20%
Category 4 Investment Options
0%
10%
Investment Options: 
CATEGORY 1
AVIP Bond Portfolio
AVIP Federated Core Plus Bond Portfolio
Fidelity® VIP Government Money Market
Portfolio
Janus Henderson Flexible Bond Portfolio
PIMCO Real Return Portfolio
PIMCO Short-Term Portfolio
PIMCO Low Duration Portfolio
CATEGORY 2
AVIP BlackRock Balanced Allocation Portfolio
AVIP S&P 500® Index Portfolio
AVIP Federated High Income Bond Portfolio
AVIP Constellation Dynamic Risk Balanced
Portfolio
AVIP BlackRock Advantage International Equity
Portfolio
AVIP Moderate Growth Model Portfolio AVIP
Growth Model Portfolio
AVIP Constellation Managed Risk Balanced
Portfolio
AVIP Constellation Managed Risk Moderate
Growth Portfolio
AVIP Constellation Managed Risk Growth
Portfolio
AVIP Intech U.S. Low Volatility Portfolio
AB VPS Global Risk Allocation-Moderate
Portfolio
Fidelity® VIP Target Volatility Portfolio
Franklin VolSmart Allocation VIP Fund
Goldman Sachs Trend Driven Allocation Fund
Janus Henderson Balanced Portfolio
Lazard Retirement Global Dynamic Multi-Asset
Portfolio
ClearBridge Variable Large Cap Value Portfolio
MFS® Total Return Series
PIMCO Global Bond Opportunities Portfolio
(Unhedged)
Form 8508.1-USP
14
CATEGORY 3
AVIP Fidelity Institutional AM® Equity Growth
Portfolio
AVIP AB Mid Cap Core Portfolio
AVIP BlackRock Advantage Large Cap Core
Portfolio
AVIP BlackRock Advantage Large Cap Growth
Portfolio
AVIP Nasdaq-100® Index Portfolio
AVIP S&P MidCap 400® Index Portfolio
AVIP BlackRock Advantage Large Cap Value
Portfolio
AB VPS Relative Value Portfolio
Invesco V.I. EQV International Equity Fund
Federated Hermes Kaufmann Fund II
Fidelity® VIP Equity-Income PortfolioSM
Fidelity® VIP Growth Portfolio
Fidelity® VIP Mid Cap Portfolio
Franklin DynaTech VIP Fund
Franklin Allocation VIP Fund
Franklin Income VIP Fund
Franklin Templeton Foreign VIP Fund
Goldman Sachs Strategic Growth Fund
Goldman Sachs U.S. Equity Insights Fund
Janus Henderson Research Portfolio
Janus Henderson Global Research Portfolio
Lazard Retirement US Small Cap Equity Select
Portfolio
ClearBridge Variable Dividend Strategy Portfolio
MFS® Mid Cap Growth Series
MFS® New Discovery Series
MFS® Massachusetts Investors Growth Stock
Portfolio
CATEGORY 4
AVIP BlackRock Advantage Small Cap Growth
Portfolio
AVIP AB Small Cap Portfolio
AB VPS Small Cap Growth Portfolio
Fidelity® VIP Real Estate Portfolio
Macquarie VIP Natural Resources Series
Macquarie VIP Science and Technology Series
Macquarie VIP Asset Strategy Series
Janus Henderson Overseas Portfolio
Lazard Retirement Emerging Markets Equity
Portfolio
Morgan Stanley VIF Growth Portfolio
PIMCO CommodityRealReturn® Strategy
Portfolio
Royce Micro-Cap Portfolio
Royce Small-Cap Portfolio
GLWB Preferred I.S.
Allocations: 
 
Minimum
Maximum
Category 1 Investment Options
25%
100%
Any individual investment
option included in Category 1
0%
50%
Category 2 Investment Options
0%
75%
Any individual investment
option included in Category 2
0%
25%
Investment Options: 
CATEGORY 1
AVIP Constellation Dynamic Risk Balanced
Portfolio
AVIP Constellation Managed Risk Balanced
Portfolio
AVIP Constellation Managed Risk Moderate
Growth Portfolio
AB VPS Global Risk Allocation-Moderate
Portfolio
Franklin VolSmart Allocation VIP Fund
CATEGORY 2
AVIP Balanced Model Portfolio
AVIP BlackRock Balanced Allocation Portfolio
AVIP Intech U.S. Low Volatility Portfolio
AVIP Constellation Managed Risk Growth
Portfolio
Fidelity® VIP Target Volatility Portfolio
Goldman Sachs Trend Driven Allocation Fund
Janus Henderson Balanced Portfolio
Lazard Retirement Global Dynamic Multi-Asset
Portfolio
MFS® Total Return Series
Form 8508.1-USP
15
GLWB Plus and GPP (2012) Applied for on or after October 1, 2012
Allocations: 
 
Minimum
Maximum
Category 1 Investment Options
25%
100%
Category 2 Investment Options
0%
50%
Category 3 Investment Options
0%
75%
Category 4 Investment Options
0%
25%
Investment Options: 
CATEGORY 1
AVIP Constellation Dynamic Risk Balanced
Portfolio
AVIP Constellation Managed Risk Balanced
Portfolio
AVIP Constellation Managed Risk Moderate
Growth Portfolio
AB VPS Global Risk Allocation-Moderate
Portfolio
Franklin VolSmart Allocation VIP Fund
CATEGORY 2
AVIP Balanced Model Portfolio
AVIP BlackRock Balanced Allocation Portfolio
AVIP Intech U.S. Low Volatility Portfolio
AVIP Constellation Managed Risk Growth
Portfolio
Fidelity® VIP Target Volatility Portfolio
Goldman Sachs Trend Driven Allocation Fund
Janus Henderson Balanced Portfolio
Lazard Retirement Global Dynamic Multi-Asset
Portfolio
MFS® Total Return Series
Combo Death Benefit
Allocations: 
 
Minimum
Maximum
Category 1 Investment Options
25%
50%
Category 2 Investment Options
0%
75%
Category 3 Investment Options
0%
25%
Category 4 Investment Options
0%
10%
Form 8508.1-USP
16
Investment Options: 
CATEGORY 1
AVIP Bond Portfolio
AVIP Federated Core Plus Bond Portfolio
Fidelity® VIP Government Money Market
Portfolio
Janus Henderson Flexible Bond Portfolio
PIMCO Real Return Portfolio
PIMCO Short-Term Portfolio
PIMCO Low Duration Portfolio
CATEGORY 2
AVIP BlackRock Balanced Allocation Portfolio
AVIP S&P 500® Index Portfolio
AVIP BlackRock Advantage Large Cap Value
Portfolio
AVIP AB Mid Cap Core Portfolio
AVIP BlackRock Advantage Large Cap Growth
Portfolio
AVIP S&P MidCap 400® Index Portfolio
AVIP Constellation Dynamic Risk Balanced
Portfolio
AVIP Moderately Conservative Model Portfolio
AVIP Balanced Model Portfolio
AVIP Moderate Growth Model Portfolio
AVIP Growth Model Portfolio
AVIP Constellation Managed Risk Balanced
Portfolio
AVIP Constellation Managed Risk Moderate
Growth Portfolio
AVIP Constellation Managed Risk Growth
Portfolio
AVIP Intech U.S. Low Volatility Portfolio
AB VPS Relative Value Portfolio
AB VPS Global Risk Allocation-Moderate
Portfolio
BNY Mellon Appreciation Portfolio
Fidelity® VIP Growth Portfolio
Fidelity® VIP Equity-Income PortfolioSM
Goldman Sachs U.S. Equity Insights Fund
Goldman Sachs Strategic Growth Fund
Janus Henderson Research Portfolio
Janus Henderson Balanced Portfolio
Janus Henderson Global Research Portfolio
Lazard Retirement Global Dynamic Multi-Asset
Portfolio
ClearBridge Variable Dividend Strategy Portfolio
ClearBridge Variable Large Cap Value Portfolio
Franklin Income VIP Fund
Franklin VolSmart Allocation VIP Fund
Franklin Allocation VIP Fund
MFS® Total Return Series
MFS® Massachusetts Investors Growth Stock
Portfolio
Neuberger Berman AMT Mid Cap Intrinsic Value
Portfolio
CATEGORY 3
AVIP AB Small Cap Portfolio
AVIP Nasdaq-100® Index Portfolio
AVIP BlackRock Advantage Large Cap Core
Portfolio
AVIP Fidelity Institutional AM® Equity Growth
Portfolio
Invesco V.I. EQV International Equity Fund
Federated Hermes Kaufmann Fund II
Fidelity® VIP Mid Cap Portfolio
Franklin DynaTech VIP Fund
Franklin Templeton Foreign VIP Fund
Goldman Sachs Trend Driven Allocation Fund
Macquarie VIP Asset Strategy Series
Macquarie VIP Science and Technology Series
Lazard Retirement International Equity Portfolio
Lazard Retirement US Small Cap Equity Select
Portfolio
MFS® Mid Cap Growth Series
Morgan Stanley VIF Growth Portfolio
Royce Micro-Cap Portfolio
Royce Small-Cap Portfolio
CATEGORY 4
AVIP BlackRock Advantage International Equity
Portfolio
AVIP Federated High Income Bond Portfolio
AVIP BlackRock Advantage Small Cap Growth
Portfolio
AB VPS Small Cap Growth Portfolio
Fidelity® VIP Real Estate Portfolio
Macquarie VIP Natural Resources Series
Janus Henderson Overseas Portfolio
Lazard Retirement Emerging Markets Equity
Portfolio
MFS® New Discovery Series
PIMCO Global Bond Opportunities Portfolio
(Unhedged)
PIMCO CommodityRealReturn® Strategy
Portfolio
Form 8508.1-USP
17
This summary prospectus incorporates by reference the ONcore Select 4 Variable Annuity and ONcore Select 7 Variable Annuity prospectus and Statement of Additional Information (SAI), both dated May 1, 2025, as amended or supplemented. The SAI may be obtained, free of charge, in the same manner as the prospectus.
Form 8508.1-USP
18