SUPPLEMENT DATED OCTOBER 30, 2023
TO THE PROSPECTUS DATED MAY 1, 2023
THE VARIABLE ANNUITY LIFE INSURANCE COMPANY
SEPARATE ACCOUNT A
Fixed and Variable Deferred Annuity Contracts
GUP and GTS-VA
This supplement updates certain information in the above referenced prospectus (the Prospectus). Except as indicated in this supplement, all other information included in the Prospectus and Appendix AFunds Available Under the Contract (Appendix A), including the footnotes, remains unchanged. You should read this supplement in conjunction with your Prospectus and retain it for future reference. All capitalized terms used but not defined herein have the same meaning as those included in the Prospectus. The Prospectus is revised as follows:
In the Important Information You Should Consider About the Contract section, the following changes are made:
| In the Ongoing Fees and Expenses (annual charges) section of the FEES AND EXPENSES table, the minimum and maximum fee for Investment Options is 0.33%. The Lowest Annual Cost and Highest Annual Cost for GUP is $6,287. |
In the Fee Tables section, the following changes are made:
| In the Annual Fund Expenses table, the minimum and maximum Annual Fund Expenses is 0.33%. |
| In the Examples section, the following table replaces similar tables: |
GUP | ||||||
1 Year | 3 Years | 5 Years | 10 Years | |||
$6,287 | $9,006 | $11,933 | $20,261 | |||
GTS-VA | ||||||
1 Year | 3 Years | 5 Years | 10 Years | |||
$3,864 | $5,334 | $6,936 | $11,601 |
The following table replaces similar table in its entirety in Appendix A:
Type | Fund Share Class Adviser/Sub-Adviser |
Current Expenses |
Platform Charge2 |
Current Expenses + Platform Charge |
Average Annual Total Returns (as of Dec. 31, 2022) | |||||||||
1 Year |
5 Year |
10 Year (or life of fund) | ||||||||||||
Domestic Equity |
Stock Index Fund1, 3 Adviser: The Variable Annuity Life Insurance Company Sub-Adviser: SunAmerica Asset Management, LLC (an affiliate of VALIC due to common ownership) |
0.25% | None | 0.25% | -18.33% | 9.09% | 12.20% |
You should read the Fund prospectus for more detailed information about the Fund. The Fund prospectus may be obtained by vising our website at https://www.corebridgefinancial.com/rs/prospectus-and-reports/annuities or by calling us at 1-800-448-2542.
Please keep this supplement with your Prospectus.