Supplement dated February 27, 2025, to the Updating Summary Prospectus and Prospectus dated
May 1, 2024, for Schwab Advisor Choice Variable Annuity and Schwab OneSource Choice Variable Annuity
contracts issued by Empower Annuity Insurance Company of America
Variable Annuity-1 Series Account
Supplement dated February 27, 2025, to the Updating Summary Prospectus and Prospectus dated
May 1, 2024, for Schwab Advisor Choice Variable Annuity and Schwab OneSource Choice Variable Annuity
contracts issued by Empower Life & Annuity Insurance Company of New York
Variable Annuity-1 Series Account of New York
This Supplement amends certain information in your variable annuity contract prospectus and updating summary prospectus (collectively, the “Prospectuses”). Please read this Supplement carefully and keep it with your Prospectuses for future reference.
Effective May 1, 2025, a Portfolio available under your Contract has changed its name as follows:
| CURRENT PORTFOLIO NAME | NEW PORTFOLIO NAME |
| LVIP Macquarie Value Fund | LVIP BlackRock Equity Dividend Fund |
As of May 1, 2025, all references to the portfolio in your Prospectuses will be replaced with the new portfolio name.
Also as of May 1, 2025, BlackRock Investment Management, LLC will replace Delaware Investments Fund Advisers as the sub-adviser to the Fund.
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If you have any questions regarding this Supplement, please contact your investment professional or us by calling toll free at 1-800-838-0650. You may also obtain fund prospectuses online at www.protective.com/productprospectus by selecting your Contract then “Investment Options.” Please keep this Supplement for future reference.