497 1 d898378d497.txt 497 FOR RETIREREADY EXTRA Genworth Life & Annuity VA Separate Account 1 Prospectus For Flexible Premium Variable Deferred Annuity Contracts Form P1152 1/99 Issued by: Genworth Life and Annuity Insurance Company 6610 West Broad Street Richmond, Virginia 23230 Telephone: (800) 352-9910 -------------------------------------------------------------------------------- This prospectus, dated May 1, 2020, describes an individual flexible premium variable deferred annuity contract (the "contract" or "contracts") offered to individuals and qualified and nonqualified retirement plans. Genworth Life and Annuity Insurance Company (the "Company," "we," "us," or "our") issues the contract. This contract may be referred to as "RetireReady/SM/ Extra" in our marketing materials. This contract (RetireReady/SM/ Extra) is no longer offered or sold. This prospectus describes all material features and benefits of the contract and provides details about Genworth Life & Annuity VA Separate Account 1 (the "Separate Account") and the Guarantee Account that you should know before investing. Please read this prospectus carefully before investing and keep it for future reference. The contract offers you the opportunity to accumulate Contract Value and provides for the payment of periodic annuity benefits. We may pay these annuity benefits on a variable or fixed basis. You may allocate your premium payments and automatic bonus credits we provide you to the Separate Account, the Guarantee Account, or both. The Guarantee Account may not be available in all states. If we apply bonus credits to your contract, we will apply them with your premium payment to your Contract Value, and allocate the credits on a pro-rata basis to the investment options you select in the same ratio as the applicable premium payment. You should know that over time and under certain circumstances (such as an extended period of poor market performance), the costs associated with the bonus credit may exceed the sum of the bonus credit and any related earnings. You should consider this possibility before purchasing the contract. The bonus credit is referred to as an "enhanced premium amount" in your contract. Each Subaccount of the Separate Account invests in shares of Portfolios of the Funds listed below: AB Variable Products Series Fund, Inc.: AB Balanced Wealth Strategy Portfolio -- Class B AB Global Thematic Growth Portfolio -- Class B AB Growth and Income Portfolio -- Class B AB International Value Portfolio -- Class B AB Large Cap Growth Portfolio -- Class B AB Small Cap Growth Portfolio -- Class B AIM Variable Insurance Funds (Invesco Variable Insurance Funds): Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares (formerly, Oppenheimer Capital Appreciation Fund/VA -- Service Shares) Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares (formerly, Oppenheimer Conservative Balanced Fund/VA -- Service Shares) Invesco Oppenheimer V.I. Global Fund -- Series II Shares (formerly, Oppenheimer Global Fund/VA -- Service Shares) Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares (formerly, Oppenheimer Main Street Fund(R)/VA -- Service Shares) Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares (formerly, Oppenheimer Main Street Small Cap Fund(R)/VA -- Service Shares) Invesco V.I. American Franchise Fund -- Series I shares Invesco V.I. Comstock Fund -- Series II shares Invesco V.I. Core Equity Fund -- Series I shares Invesco V.I. Equity and Income Fund -- Series II shares Invesco V.I. International Growth Fund -- Series II shares American Century Variable Portfolios II, Inc.: VP Inflation Protection Fund -- Class II BlackRock Variable Series Funds, Inc.: BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares BlackRock Basic Value V.I. Fund -- Class III Shares BlackRock Global Allocation V.I. Fund -- Class III Shares 1 Columbia Funds Variable Series Trust II: Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 Eaton Vance Variable Trust: VT Floating-Rate Income Fund Federated Hermes Insurance Series (formerly, Federated Insurance Series): Federated Hermes High Income Bond Fund II -- Service Shares (formerly, Federated High Income Bond Fund II -- Service Shares) Federated Hermes Kaufmann Fund II -- Service Shares (formerly, Federated Kaufmann Fund II -- Service Shares) Fidelity(R) Variable Insurance Products Fund: VIP Balanced Portfolio -- Service Class 2 VIP Contrafund(R) Portfolio -- Service Class 2 VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 VIP Equity-Income Portfolio -- Service Class 2 VIP Growth Portfolio -- Service Class 2 VIP Growth & Income Portfolio -- Service Class 2 VIP Growth Opportunities Portfolio -- Service Class 2 VIP Investment Grade Bond Portfolio -- Service Class 2 VIP Mid Cap Portfolio -- Service Class 2 VIP Value Strategies Portfolio -- Service Class 2 Franklin Templeton Variable Insurance Products Trust: Franklin Mutual Shares VIP Fund -- Class 2 Shares Templeton Growth VIP Fund -- Class 2 Shares Goldman Sachs Variable Insurance Trust: Goldman Sachs Government Money Market Fund -- Service Shares Janus Aspen Series: Janus Henderson Balanced Portfolio -- Service Shares Janus Henderson Forty Portfolio -- Service Shares MFS(R) Variable Insurance Trust: MFS(R) Total Return Series -- Service Class Shares MFS(R) Utilities Series -- Service Class Shares MFS(R) Variable Insurance Trust II: MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares PIMCO Variable Insurance Trust: All Asset Portfolio -- Advisor Class Shares High Yield Portfolio -- Administrative Class Shares Long-Term U.S. Government Portfolio -- Administrative Class Shares Low Duration Portfolio -- Administrative Class Shares Total Return Portfolio -- Administrative Class Shares The Prudential Series Fund: Jennison Portfolio -- Class II Shares Jennison 20/20 Focus Portfolio -- Class II Shares Natural Resources Portfolio -- Class II Shares State Street Variable Insurance Series Funds, Inc.: Real Estate Securities V.I.S. Fund -- Class 1 Shares Small-Cap Equity V.I.S. Fund -- Class 1 Shares Total Return V.I.S. Fund -- Class 1 Shares/1/ Total Return V.I.S. Fund -- Class 3 Shares/1/ U.S. Equity V.I.S. Fund -- Class 1 Shares Wells Fargo Variable Trust: Wells Fargo VT Omega Growth Fund -- Class 2 The following Portfolios are not available to contracts issued on or after May 1, 2003: BNY Mellon (formerly, Dreyfus): BNY Mellon Sustainable U.S. Equity Portfolio, Inc. -- Initial Shares (formerly, The Dreyfus Sustainable U.S. Equity Portfolio, Inc. -- Initial Shares) Janus Aspen Series: Janus Henderson Enterprise Portfolio -- Service Shares Janus Henderson Global Research Portfolio -- Service Shares Janus Henderson Global Technology and Innovation Portfolio -- Service Shares (formerly, Janus Henderson Global Technology Portfolio -- Service Shares) Janus Henderson Research Portfolio -- Service Shares PIMCO Variable Insurance Trust: Foreign Bond Portfolio (U.S. Dollar Hedged) -- Administrative Class Shares The following Portfolio is not available for new premium payments or transfers or for new contracts issued on or after November 15, 2004: Janus Aspen Series: Janus Henderson Overseas Portfolio -- Service Shares The following Portfolios are not available to contracts issued on or after May 1, 2006: Fidelity(R) Variable Insurance Products Fund: VIP Asset Manager/SM/ Portfolio -- Service Class 2 Goldman Sachs Variable Insurance Trust: Goldman Sachs Mid Cap Value Fund -- Institutional Shares /1/ The Subaccount invests in Class 1 shares of the Total Return V.I.S. Fund for contracts issued before May 1, 2006. Class 1 shares of the Total Return V.I.S. Fund are not available for contracts issued on or after May 1, 2006. The Subaccount invests in Class 3 shares of the Total Return V.I.S. Fund for contracts issued on or after May 1, 2006. 2 MFS(R) Variable Insurance Trust: MFS(R) New Discovery Series -- Service Class Shares The following Portfolios are not available to contracts issued on or after May 1, 2007: AIM Variable Insurance Funds (Invesco Variable Insurance Funds): Invesco V.I. American Franchise Fund -- Series II shares Legg Mason Partners Variable Equity Trust: ClearBridge Variable Dividend Strategy Portfolio -- Class II The following Portfolios are not available to contracts issued on or after September 8, 2008: AIM Variable Insurance Funds (Invesco Variable Insurance Funds): Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares (formerly, Oppenheimer Discovery Mid Cap Growth Fund/VA -- Service Shares) Invesco V.I. Value Opportunities Fund -- Series II shares BlackRock Variable Series Funds, Inc.: BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares Legg Mason Partners Variable Equity Trust: ClearBridge Variable Aggressive Growth Portfolio -- Class II ClearBridge Variable Large Cap Value Portfolio -- Class I MFS(R) Variable Insurance Trust: MFS(R) Investors Trust Series -- Service Class Shares Rydex Variable Trust: NASDAQ-100(R) Fund State Street Variable Insurance Series Funds, Inc.: Income V.I.S. Fund -- Class 1 Shares Premier Growth Equity V.I.S. Fund -- Class 1 Shares S&P 500(R) Index V.I.S. Fund -- Class 1 Shares The following Portfolios are not available as investment options under contracts issued on or after January 5, 2009: Franklin Templeton Variable Insurance Products Trust: Franklin Allocation VIP Fund -- Class 2 Shares Franklin Income VIP Fund -- Class 2 Shares Not all of these Portfolios may be available in all states or in all markets. Beginning on January 1, 2021, we will no longer send you paper copies of shareholder reports for the Portfolios of the Funds offered under the contract ("Reports") unless you specifically request paper copies from us. Instead, the Reports will be made available on a website. We will notify you by mail each time a Report is posted. The notice will provide website links to access the Reports as well as instructions for requesting paper copies. If you wish to continue to receive Reports in paper free of charge from us, please call (800) 352-9910. Your election to receive Reports in paper will apply to all underlying Funds and Portfolios available under your contract. If you have already elected to receive Reports electronically, you will not be affected by this change and you need not take any action. If you wish to receive the Reports and other disclosure documents from us electronically, please contact us at (800) 352-9910 or visit genworth.com to register. The Securities and Exchange Commission ("SEC") has not approved or disapproved these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. This contract: . Is NOT a bank deposit . Is NOT FDIC insured . Is NOT insured or endorsed by a bank or any federal government agency . Is NOT available in every state . MAY go down in value. Except for amounts in the Guarantee Account, both the value of a contract before the Maturity Date and the amount of monthly income afterwards will depend upon the investment performance of the Portfolio(s) you select. You bear the investment risk of investing in the Portfolios. This contract has optional benefits, for an additional charge, available to contract owners. Not all benefits may be available in all states or in all markets. Should you not be able to obtain a certain feature explained in this prospectus through your current representative, please contact our Home Office at the telephone number or address listed below to inquire as to whether a particular optional benefit is available in your state and, if so, for a list of firms that will permit such an optional benefit for sale. Please note that some optional benefits may have requirements that differ from or are in addition to the base contract. Before deciding to invest in an optional benefit, you should weigh its costs and benefits against the possibility that, had you not purchased the optional benefit, your Contract Value may have been higher. We may offer other contracts with features that are substantially similar to those offered in this contract and in this prospectus. These other contracts may be priced differently and may be offered exclusively to customers of one or more particular financial institutions or brokerage firms. 3 The contract is also offered to customers of various financial institutions and brokerage firms. No financial institution or brokerage firm is responsible for the guarantees under the contract. Guarantees under the contract are the sole responsibility of the Company. In the future, additional portfolios managed by certain financial institutions or brokerage firms may be added to the Separate Account. These portfolios may be offered exclusively to purchasing customers of the particular financial institution or brokerage firm. This contract may be used with certain tax qualified retirement plans. The contract includes attributes such as tax deferral on accumulated earnings. Qualified retirement plans provide their own tax deferral benefit; the purchase of this contract does not provide additional tax deferral benefits beyond those provided in the qualified retirement plan. Accordingly, if you are purchasing this contract as a Qualified Contract, you should consider purchasing this contract for its death benefit, income benefits, and other non-tax-related benefits. Please consult a tax adviser for information specific to your circumstances in order to determine whether this contract is an appropriate investment for you. A Statement of Additional Information, dated May 1, 2020, which contains additional information about the contract has been filed with the SEC and is incorporated by reference into this prospectus. A table of contents for the Statement of Additional Information appears on the last page of this prospectus. If you would like a free copy of the Statement of Additional Information, call us at: (800) 352-9910; or write us at: 6610 West Broad Street Richmond, Virginia 23230. The Statement of Additional Information and other material incorporated by reference can be found on the SEC's website at: www.sec.gov This prospectus does not constitute an offering in any jurisdiction in which such offering may not lawfully be made. 4 Table of Contents Definitions................................................ 8 Fee Tables................................................. 10 Example................................................. 15 Synopsis................................................... 16 Condensed Financial Information............................ 20 The Company................................................ 20 Financial Condition of the Company......................... 20 The Separate Account....................................... 21 The Portfolios.......................................... 22 Subaccounts............................................. 23 Voting Rights........................................... 31 Asset Allocation Program................................ 31 The Guarantee Account...................................... 41 Charges and Other Deductions............................... 42 Transaction Expenses.................................... 42 Surrender Charge.................................... 42 Exceptions to the Surrender Charge.................. 43 Deductions from the Separate Account.................... 43 Charges for the Living Benefit Rider Options............ 44 Charges for the Death Benefit Rider Options............. 47 Other Charges........................................... 48 The Contract............................................... 49 Ownership............................................... 49 Assignment.............................................. 50 Premium Payments........................................ 50 Valuation Day and Valuation Period...................... 51 Allocation of Premium Payments.......................... 51 Bonus Credits........................................... 51 Valuation of Accumulation Units......................... 52 Transfers.................................................. 52 Transfers Before the Maturity Date...................... 52 Transfers from the Guarantee Account to the Subaccounts. 53 Transfers from the Subaccounts to the Guarantee Account. 53 Transfers Among the Subaccounts......................... 53 Telephone/Internet Transactions......................... 54 Confirmation of Transactions............................ 54 Special Note on Reliability............................. 54 Transfers by Third Parties.............................. 55 Special Note on Frequent Transfers...................... 55 Dollar Cost Averaging Program........................... 56 Defined Dollar Cost Averaging Program................... 57 Portfolio Rebalancing Program........................... 58 Guarantee Account Interest Sweep Program................ 59 5 Surrenders and Partial Surrenders................................................................................... 59 Surrenders and Partial Surrenders................................................................................ 59 Restrictions on Distributions From Certain Contracts............................................................. 60 Systematic Withdrawal Program.................................................................................... 60 Guaranteed Minimum Withdrawal Benefit for Life Riders............................................................ 61 Lifetime Income Plus Solution................................................................................ 61 Lifetime Income Plus 2008.................................................................................... 75 Lifetime Income Plus 2007.................................................................................... 88 Lifetime Income Plus......................................................................................... 96 Investment Strategy for Lifetime Income Plus and Lifetime Income Plus 2007................................... 104 Death of Owner and/or Annuitant (for contracts issued on or after the later of May 1, 2003, or the date of state insurance department approval).................................................................................... 105 Distribution Provisions Upon Death of Owner or Joint Owner....................................................... 105 Death Benefit at Death of Any Annuitant Before the Maturity Date................................................. 105 Basic Death Benefit.............................................................................................. 105 Annual Step-Up Death Benefit Rider Option........................................................................ 106 5% Rollup Death Benefit Rider Option............................................................................. 106 Earnings Protector Death Benefit Rider Option.................................................................... 107 The Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider Option.................... 108 Termination of Death Benefit Rider Options When Contract Assigned or Sold........................................ 108 How to Claim Proceeds and/or Death Benefit Payments.............................................................. 108 Distribution Rules............................................................................................... 110 Death of Owner and/or Annuitant (for contracts issued prior to May 1, 2003, or prior to the date of state insurance department approval).............................................................................................. 111 Death Benefit at Death of Any Annuitant Before the Maturity Date................................................. 111 Basic Death Benefit.............................................................................................. 111 Optional Guaranteed Minimum Death Benefit........................................................................ 113 Optional Enhanced Death Benefit.................................................................................. 113 When We Calculate the Death Benefit.............................................................................. 114 Death of an Owner or Joint Owner Before the Maturity Date........................................................ 114 Death of an Owner, Joint Owner, or Annuitant On or After the Maturity Date....................................... 117 Income Payments..................................................................................................... 117 Optional Payment Plans........................................................................................... 118 Variable Income Payments......................................................................................... 119 Transfers After the Maturity Date................................................................................ 120 Guaranteed Income Advantage...................................................................................... 120 Payment Optimizer Plus........................................................................................... 127 Tax Matters......................................................................................................... 136 Introduction..................................................................................................... 136 Taxation of Non-Qualified Contracts.............................................................................. 136 Section 1035 Exchanges........................................................................................... 138 Qualified Retirement Plans....................................................................................... 139 Federal Income Tax Withholding................................................................................... 143 State Income Tax Withholding..................................................................................... 143 Tax Status of the Company........................................................................................ 143 Federal Estate, Gift and Generation-Skipping Transfer Taxes...................................................... 143 Definition of Spouse Under Federal Law........................................................................... 144 Annuity Purchases by Residents of Puerto Rico.................................................................... 144 Annuity Purchases by Nonresident Aliens and Foreign Corporations................................................. 144 6 Foreign Tax Credits........................................ 144 Changes in the Law......................................... 144 Requesting Payments........................................... 144 Sales of the Contracts........................................ 145 Additional Information........................................ 146 Owner Questions............................................ 146 Return Privilege........................................... 146 State Regulation........................................... 147 Evidence of Death, Age, Gender, Marital Status or Survival. 147 Records and Reports........................................ 147 Other Information.......................................... 147 Exemption to File Periodic Reports......................... 147 Unclaimed Property......................................... 147 Cybersecurity.............................................. 147 Natural and Man-Made Disasters............................. 148 Legal Proceedings.......................................... 148 Appendix A.................................................... A-1 Examples -- Death Benefit Calculations..................... A-1 Appendix B.................................................... B-1 Condensed Financial Information............................ B-1 Table of Contents for Statement of Additional Information 7 DEFINITIONS The following terms are used throughout the prospectus: Accumulation Unit -- An accounting unit of measure we use to calculate the value in the Separate Account before income payments commence. Annuitant -- The person named in the contract upon whose age and, where appropriate gender, we determine monthly income benefits. Annuity Unit -- An accounting unit of measure we use to calculate the amount of the second and each subsequent variable income payment. Asset Allocation Model -- A component of the Investment Strategy for the Guaranteed Minimum Withdrawal Benefit for Life Riders and Payment Optimizer Plus. Benefit Date -- For the Guaranteed Minimum Withdrawal Benefit Riders (except for Lifetime Income Plus 2008 and Lifetime Income Plus Solution), the date that will be the later of the Contract Date and the Valuation Day of the most recent reset. Benefit Year -- For the Guaranteed Minimum Withdrawal Benefit Riders (except for Lifetime Income Plus 2008 and Lifetime Income Plus Solution), each one-year period following the Benefit Date and each anniversary of that date. For Lifetime Income Plus 2008 and Lifetime Income Plus Solution, each one-year period following the Contract Date and each anniversary of that date. Bonus Credit -- The "enhanced premium amount" described in your contract. For contracts that qualify, it is the amount we will add to each premium payment we receive. The Bonus Credit is not considered a "premium payment" under the contract. Code -- The Internal Revenue Code of 1986, as amended. Contract Date -- The date we issue your contract and your contract becomes effective. Your Contract Date is shown in your contract. We use the Contract Date to determine contract years and anniversaries. Contract Value -- The total value of all your Accumulation Units in the Subaccounts and any amounts you hold in the Guarantee Account. Designated Subaccounts -- The Subaccounts available under the Investment Strategy for the Guaranteed Minimum Withdrawal Benefit for Life Riders and Payment Optimizer Plus. Fund -- Any open-end management investment company or any unit investment trust in which the Separate Account invests. General Account -- Assets of the Company other than those allocated to the Separate Account or any other segregated asset account of the Company. GIS Subaccount -- A division of the Separate Account that invests exclusively in shares of the State Street Variable Insurance Series Funds, Inc. -- Total Return V.I.S. Fund. This Subaccount is only available when Guaranteed Income Advantage is elected at the time of application. Premium payments may not be made directly to the GIS Subaccount. Allocations must be made pursuant to scheduled transfers from all other Subaccounts in which you have allocated assets. Gross Withdrawal -- For the Guaranteed Minimum Withdrawal Benefit for Life Riders, an amount withdrawn from Contract Value, including any surrender charge, any taxes withheld and any premium taxes assessed. Guarantee Account -- Part of our General Account that provides a guaranteed interest rate for a specified interest rate guarantee period. The General Account is not part of and does not depend on the investment performance of the Separate Account. The Guarantee Account may not be available in all states. Guaranteed Income Advantage -- The marketing name for the Guaranteed Income Rider. This rider may be referred to by either name in this prospectus. Home Office -- Our office located at 6610 West Broad Street, Richmond, Virginia 23230. Income Start Date -- For Guaranteed Income Advantage, the date income payments begin from one or more segments pursuant to the terms of Guaranteed Income Advantage. Investment Strategy -- The Designated Subaccounts and/or Asset Allocation Model required for the Guaranteed Minimum Withdrawal Benefit for Life Riders and Payment Optimizer Plus. The Investment Strategy is required in order to receive the full benefits available under these rider options. Joint Annuitant -- For the Guaranteed Minimum Withdrawal Benefit for Life Riders, the additional life on which monthly income is based. For Payment Optimizer Plus, the additional life on which the Withdrawal Factor may be based. Lifetime Income Plus -- The marketing name for one of the Guaranteed Minimum Withdrawal Benefit for Life Riders discussed in this prospectus. Lifetime Income Plus is not available for contracts issued on or after May 1, 2008. 8 Lifetime Income Plus 2007 -- The marketing name for one of the Guaranteed Minimum Withdrawal Benefit for Life Riders discussed in this prospectus. Lifetime Income Plus 2007 is not available for contracts issued on or after September 8, 2008. Lifetime Income Plus 2008 -- The marketing name for one of the Guaranteed Minimum Withdrawal Benefit for Life Riders discussed in the prospectus. The rider may be issued with or without the Principal Protection Death Benefit. For purposes of this prospectus, references to Lifetime Income Plus 2008 include a rider issued with or without the Principal Protection Death Benefit, as applicable, unless stated otherwise. Lifetime Income Plus Solution -- The marketing name for one of the Guaranteed Minimum Withdrawal Benefit for Life Riders discussed in the prospectus. The rider may be issued with or without the Principal Protection Death Benefit. For purposes of this prospectus, references to Lifetime Income Plus Solution include a rider issued with or without the Principal Protection Death Benefit, as applicable, unless stated otherwise. Maturity Date -- The date on which your income payments will commence, provided the Annuitant is living on that date. The Maturity Date is stated in your contract, unless changed by you in writing in a form acceptable to us. Maximum Anniversary Value -- For Lifetime Income Plus Solution, an amount used to calculate the benefit base for benefits provided under the rider. Payment Optimizer Plus -- The marketing name for the Payment Protection with Commutation Immediate and Deferred Variable Annuity Rider. Payment Optimizer Plus is not available for contracts issued after October 17, 2008. Portfolio -- A division of a Fund, the assets of which are separate from other Portfolios that may be available in the Fund. Each Portfolio has its own investment objective. Not all Portfolios may be available in all states or markets. Principal Protection Death Benefit -- The death benefit provided under Lifetime Income Plus 2008 and Lifetime Income Plus Solution, if elected at the time of application, for an additional charge. Purchase Payment Benefit Amount -- For Lifetime Income Plus Solution, an amount used to calculate the benefit base for benefits provided under the rider. Rider Death Benefit -- The death benefit payable under Lifetime Income Plus and Lifetime Income Plus 2007 Roll-Up Value -- An amount used to calculate the Withdrawal Limit for benefits provided under Lifetime Income Plus 2007 and Lifetime Income Plus 2008. For Lifetime Income Plus Solution, the Roll-Up Value is an amount used to calculate the benefit base for benefits provided under the rider. Separate Account -- Genworth Life & Annuity VA Separate Account 1, a separate account we established to receive Subaccount allocations. The Separate Account is divided into Subaccounts, each of which invests in shares of a separate Portfolio. Subaccount -- A division of the Separate Account which invests exclusively in shares of a designated Portfolio. Not all Subaccounts may be available in all states or markets. A Subaccount may be referred to as an Investment Subdivision in the contract and/or marketing materials. Surrender Value -- The value of the contract as of the date we receive your written request to surrender at our Home Office, less any applicable surrender charge, premium tax, any optional death benefit charge and contract charge. Valuation Day -- Each day on which the New York Stock Exchange is open for regular trading, except for days that the Subaccount's corresponding Portfolio does not value its shares. Valuation Period -- The period that starts at the close of regular trading on the New York Stock Exchange on any Valuation Day and ends at the close of regular trading on the next succeeding Valuation Day. Withdrawal Base -- An amount used to establish the Withdrawal Limit for benefits provided under the Guaranteed Minimum Withdrawal Benefit for Life Riders (except for Lifetime Income Plus Solution). Withdrawal Factor -- The percentage used to establish the Withdrawal Limit for benefits provided under the Guaranteed Minimum Withdrawal Benefit for Life Riders. Withdrawal Limit -- The total amount that you may withdraw in a Benefit Year without reducing the benefit provided under the Guaranteed Minimum Withdrawal Benefit for Life Riders. 9 FEE TABLES The following tables describe fees and expenses that you will pay when buying, owning, partially surrendering assets or fully surrendering the contract. The first table describes the fees and expenses that you will pay when you buy the contract, take a partial surrender, fully surrender your contract or transfer assets among the investment options. State premium taxes may also be deducted.

Contract Owner Transaction Expenses --------------------------------------------------------------------------------------------------- Surrender Charge (as a percentage of premium Number of Completed Years Surrender Charge payments surrendered) Since We Received the as a Percentage of the Premium Payment Premium Payment Surrendered/1/ ------------------------------------------------ 0 8% 1 8% 2 7% 3 6% 4 5% 5 4% 6 3% 7 2% 8 or more 0% --------------------------------------------------------------------------------------------------- Transfer Charge $10.00/2/ ---------------------------------------------------------------------------------------------------

/1/A surrender charge is not assessed on any amounts representing gain. In addition, you may partially surrender the greater of 10% of your total premium payments or any amount surrendered to meet minimum distribution requirements under the Code each contract year without incurring a surrender charge. If you are making a withdrawal from this contract to meet annual minimum distribution requirements under the Code, and the minimum distribution amount attributable to this contract for the calendar year ending at or before the last day of the contract year exceeds the free withdrawal amount, you may withdraw the difference free of surrender charges. The free withdrawal amount is not cumulative from contract year to contract year. The surrender charge will be assessed from the amount surrendered unless otherwise requested. If you purchased Payment Optimizer Plus, after the Maturity Date you may request to terminate your contract and the rider and receive the commuted value of your income payments in a lump sum (the "commutation value"). In calculating the commutation value, we assess a commutation charge. The amount of the commutation charge will be the surrender charge that would otherwise apply under the contract, in accordance with the surrender charge schedule. /2/We currently do not assess a transfer charge. However, we reserve the right to assess a transfer charge for each transfer among the Subaccounts. 10 The next table describes the fees and expenses that you will pay periodically during the time you own the contract, not including Portfolio fees and expenses. The following charges apply to contracts issued on or after the later of May 1, 2003, or the date on which state insurance authorities approve applicable contract modifications.

Periodic Charges Other Than Portfolio Expenses -------------------------------------------------------------------------------------------------- Annual Contract Charge $25.00/1/ -------------------------------------------------------------------------------------------------- Separate Account Annual Expenses (as a percentage of your average daily net assets in the Separate Account) -------------------------------------------------------------------------------------------------- Mortality and Expense Risk Charge 1.30% -------------------------------------------------------------------------------------------------- Administrative Expense Charge 0.25% -------------------------------------------------------------------------------------------------- Maximum Total Separate Account Annual Expenses 1.55% -------------------------------------------------------------------------------------------------- Living Benefit Rider Options/2/ (as a percentage of your average daily net assets in the Separate Account) -------------------------------------------------------------------------------------------------- Current Charge Maximum Charge/3/ --------------------------------------------------------- Lifetime Income Plus/4/ Single or Joint Annuitant Contract 1.25% 2.00% -------------------------------------------------------------------------------------------------- Lifetime Income Plus 2007/5/ Single or Joint Annuitant Contract 1.25% 2.00% -------------------------------------------------------------------------------------------------- Guaranteed Income Advantage 0.50% 0.50% -------------------------------------------------------------------------------------------------- Payment Optimizer Plus/6/ Single Annuitant Contract 0.50% 1.25% --------------------------------------------------------- Joint Annuitant Contract 0.65% 1.25% -------------------------------------------------------------------------------------------------- Living Benefit Rider Options/2,7/ -------------------------------------------------------------------------------------------------- Current Charge/8/ Maximum Charge/3,8/ --------------------------------------------------------- Lifetime Income Plus 2008 without the Principal Protection Death Benefit Single or Joint Annuitant Contract 1.25% of benefit base 2.00% of benefit base -------------------------------------------------------------------------------------------------- Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 1.25% of benefit base plus 2.00% of benefit base plus 0.15% of value of Principal 0.50% of value of Principal Protection Death Benefit Protection Death Benefit -------------------------------------------------------------------------------------------------- Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 1.25% of benefit base plus 2.00% of benefit base plus 0.40% of value of Principal 0.50% of value of Principal Protection Death Benefit Protection Death Benefit -------------------------------------------------------------------------------------------------- Current Charge/9/ Maximum Charge/3,9/ --------------------------------------------------------- Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 1.25% of benefit base 2.00% of benefit base -------------------------------------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 1.25% of benefit base plus 2.00% of benefit base plus 0.20% of value of Principal 0.50% of value of Principal Protection Death Benefit Protection Death Benefit -------------------------------------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 1.25% of benefit base plus 2.00% of benefit base plus 0.50% of value of Principal 0.50% of value of Principal Protection Death Benefit Protection Death Benefit --------------------------------------------------------------------------------------------------

11 Death Benefit Rider Options/10/ (as a percentage of your Contract Value at the time the charge is taken)/11/ --------------------------------------------------------------------------- Current Charge Maximum Charge/3/ ---------------------------------- Annual Step-Up Death Benefit Rider Option 0.20% 0.20% --------------------------------------------------------------------------- 5% Rollup Death Benefit Rider Option 0.30% 0.30% --------------------------------------------------------------------------- Earnings Protector Death Benefit Rider Option 0.30% 0.30% --------------------------------------------------------------------------- Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider Option 0.70% 0.70% --------------------------------------------------------------------------- /1/This charge is taken on each contract anniversary and at the time the contract is surrendered. We will not assess this charge if your Contract Value is $10,000 or more at the time the charge is assessed. /2/None of the living benefit rider options may be elected together or in any combination. Only one may be elected and it must be elected at the time of application. Not all riders may be available in all states or in all markets. We reserve the right to discontinue offering these riders at any time and for any reason. /3/The maximum charge reflects the charge that the rider is guaranteed never to exceed. /4/Lifetime Income Plus is not available for contracts issued on or after May 1, 2008. The current and maximum charges reflected in the fee table for Lifetime Income Plus are for those contracts that reset their Withdrawal Base on or after July 15, 2019. The current and maximum charges for Lifetime Income Plus for those contracts that have not reset their Withdrawal Base on or after July 15, 2019 are as follows:

Current Charge Maximum Charge ------------------------------- Lifetime Income Plus (as a percentage of your average daily net assets in the Separate Account) Single Annuitant Contract 0.60% 2.00% ----------------------------- Joint Annuitant Contract 0.75% 2.00% ------------------------------------------------------------------------

/5/Lifetime Income Plus 2007 is not available for contracts issued on or after September 8, 2008. The current and maximum charges reflected in the fee table for Lifetime Income Plus 2007 are for those contracts that reset their Withdrawal Base on or after July 15, 2019. The current and maximum charges for Lifetime Income Plus 2007 for those contracts that have not reset their Withdrawal Base on or after July 15, 2019 are as follows:

Current Charge Maximum Charge ------------------------------- Lifetime Income Plus 2007 (as a percentage of your average daily net assets in the Separate Account) Single Annuitant Contract 0.75% 2.00% ----------------------------- Joint Annuitant Contract 0.85% 2.00% ------------------------------------------------------------------------

/6/Payment Optimizer Plus is not available for contracts issued after October 17, 2008. /7/You may purchase Lifetime Income Plus 2008 or Lifetime Income Plus Solution with or without the Principal Protection Death Benefit. We assess a charge for the guaranteed minimum withdrawal benefit provided by each rider. The charge for the guaranteed minimum withdrawal benefit is calculated quarterly as a percentage of the benefit base, as defined and determined under each rider, and deducted quarterly from the Contract Value. On the Contract Date, the benefit base equals the initial premium payment. The benefit base will change and may be higher than the Contract Value on any given day. If you purchase Lifetime Income Plus 2008 or Lifetime Income Plus Solution with the Principal Protection Death Benefit, another charge will be assessed for the Principal Protection Death Benefit. The charge for the Principal Protection Death Benefit is calculated quarterly as a percentage of the value of the Principal Protection Death Benefit, as defined and determined under each rider, and deducted quarterly from the Contract Value. On the Contract Date, the value of the Principal Protection Death Benefit equals the initial premium payment. The charge for the Principal Protection Death Benefit is higher if any Annuitant is age 71 or older at the time of application or when an Annuitant is added to the contract. /8/The current and maximum charges reflected in the fee table for Lifetime Income Plus 2008 are for those contracts that reset their Withdrawal Base on or after December 3, 2012. The current and maximum charges for Lifetime Income Plus 2008 for those contracts that have not reset their Withdrawal Base on or after December 3, 2012 are as follows:

Current Charge Maximum Charge/3/ ------------------------------------------------------- Lifetime Income Plus 2008 without the Principal Protection Death Benefit Single Annuitant Contract 0.75% of benefit base 2.00% of benefit base ------------------------------------------------------- Joint Annuitant Contract 0.85% of benefit base 2.00% of benefit base ------------------------------------------------------------------------------------------------ Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single Annuitant Contract 0.75% of benefit base plus 2.00% of benefit base plus 0.15% of value of 0.50% of value of Principal Protection Principal Protection Death Benefit Death Benefit -------------------------------------------------------

12

Current Charge Maximum Charge/3/ ------------------------------------------------------- Joint Annuitant Contract 0.85% of benefit base plus 2.00% of benefit base plus 0.15% of value of 0.50% of value of Principal Protection Principal Protection Death Benefit Death Benefit ------------------------------------------------------------------------------------------------ Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single Annuitant Contract 0.75% of benefit base plus 2.00% of benefit base plus 0.40% of value of 0.50% of value of Principal Protection Principal Protection Death Benefit Death Benefit ------------------------------------------------------- Joint Annuitant Contract 0.85% of benefit base plus 2.00% of benefit base plus 0.40% of value of 0.50% of value of Principal Protection Principal Protection Death Benefit Death Benefit ------------------------------------------------------------------------------------------------

/9/The current and maximum charges reflected in the fee table for Lifetime Income Plus Solution are for contracts issued on or after January 5, 2009 and that have reset their Maximum Anniversary Value on or after December 3, 2012. The current and maximum charges for Lifetime Income Plus Solution for contracts issued on or after January 5, 2009 and that have not reset their Maximum Anniversary Value on or after December 3, 2012 are as follows:

Current Charge Maximum Charge/3/ ------------------------------------------------------- Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 0.95% of benefit base 2.00% of benefit base ------------------------------------------------------------------------------------------------ Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 0.95% of benefit base plus 2.00% of benefit base plus 0.20% of value of 0.50% of value of Principal Protection Principal Protection Death Benefit Death Benefit ------------------------------------------------------------------------------------------------ Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 0.95% of benefit base plus 2.00% of benefit base plus 0.50% of value of 0.50% of value of Principal Protection Principal Protection Death Benefit Death Benefit ------------------------------------------------------------------------------------------------

The current and maximum charges for Lifetime Income Plus Solution for contracts issued before January 5, 2009 and that have reset their Maximum Anniversary Value on or after December 3, 2012 are as follows:

Current Charge Maximum Charge/3/ ------------------------------------------------------- Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 1.25% of benefit base 2.00% of benefit base ------------------------------------------------------------------------------------------------ Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 1.25% of benefit base plus 2.00% of benefit base plus 0.15% of value of 0.50% of value of Principal Protection Principal Protection Death Benefit Death Benefit ------------------------------------------------------------------------------------------------ Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 1.25% of benefit base plus 2.00% of benefit base plus 0.40% of value of 0.50% of value of Principal Protection Principal Protection Death Benefit Death Benefit ------------------------------------------------------------------------------------------------

The current and maximum charges for Lifetime Income Plus Solution for contracts issued before January 5, 2009 and that have not reset their Maximum Anniversary Value on or after December 3, 2012 are as follows:

Current Charge Maximum Charge/3/ ------------------------------------------------------- Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 0.85% of benefit base 2.00% of benefit base ------------------------------------------------------------------------------------------------ Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 0.85% of benefit base plus 2.00% of benefit base plus 0.15% of value of 0.50% of value of Principal Protection Principal Protection Death Benefit Death Benefit ------------------------------------------------------------------------------------------------

13

Current Charge Maximum Charge/3/ ------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 0.85% of benefit base plus 2.00% of benefit base plus 0.40% of value of 0.50% of value of Principal Protection Principal Protection Death Benefit Death Benefit ------------------------------------------------------------------------------------------------

/10/The Annual Step-Up Death Benefit Rider may be elected with Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008 or Lifetime Income Plus Solution at the time of application. None of the other death benefit rider options are available with Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008 or Lifetime Income Plus Solution. You may purchase the Earnings Protector Death Benefit Rider with either the Annual Step-Up Death Benefit Rider or the 5% Rollup Death Benefit Rider. You may not, however, purchase the Annual Step-Up Death Benefit Rider and the 5% Rollup Death Benefit Rider together or in any combination. The Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider may not be purchased with any other death benefit rider option. /11/All charges for the death benefit rider options are taken in arrears on each contract anniversary and at the time the contract is surrendered. The next table describes the fees and expenses that you will pay periodically during the time you own the contract, not including Portfolio fees and expenses, if you purchased your contract prior to May 1, 2003, or prior to the date on which state insurance authorities approve the applicable contract modifications.

Periodic Charges Other Than Portfolio Expenses -------------------------------------------------------------------------------------- Annual Contract Charge $25.00/1/ -------------------------------------------------------------------------------------- Separate Account Annual Expenses (as a percentage of your average daily net assets in the Separate Account) -------------------------------------------------------------------------------------- Mortality and Expense Risk Charge 1.30% -------------------------------------------------------------------------------------- Administrative Expense Charge 0.25% -------------------------------------------------------------------------------------- Optional Benefits/2/ -------------------------------------------------------------------------------------- Optional Guaranteed Minimum Death Benefit Rider 0.35%/3/ -------------------------------------------------------------------------------------- Optional Enhanced Death Benefit Rider 0.35%/4/ -------------------------------------------------------------------------------------- Maximum Total Separate Account Annual Expenses 2.25%/5/ --------------------------------------------------------------------------------------

/1/This charge is taken on each contract anniversary and at the time the contract is surrendered. We will not assess this charge if your Contract Value is $10,000 or more at the time the charge is assessed. /2/The charges for the optional death benefits are taken in arrears on each contract anniversary and at the time of surrender. /3/This charge is a percentage of your average benefit amount for the prior contract year. Currently we charge 0.25% of your prior contract year's average benefit amount. /4/This charge is a percentage of your average Contract Value for the prior contract year. Currently we charge 0.20% of your prior contract year's average Contract Value. /5/The Maximum Total Separate Account Annual Expenses assume that the owner elected the Optional Guaranteed Minimum Death Benefit Rider and the Optional Enhanced Death Benefit Rider. If only one optional death benefit rider was elected, or if no optional death benefit rider was elected, the total Separate Account Annual Expenses would be lower. For information concerning compensation paid for the sale of the contract, see the "Sales of the Contract" provision of the prospectus. The next item shows the minimum and maximum total annual operating expenses charged by the Portfolios for the year ended December 31, 2019. These are expenses that are deducted from Portfolio assets, which may include management fees, distribution and/or service (Rule 12b-1) fees, and other expenses. Portfolio expenses are the responsibility of the Portfolio or Fund. They are not fixed or specified under the terms of the contract and are not the responsibility of the Company. More detail concerning each Portfolio's fees and expenses appears in the prospectus for each Portfolio. Annual Portfolio Expenses/1/ Minimum Maximum --------------------------------------------------------------------------------------------------- Total Annual Portfolio Operating Expenses (before fee waivers or reimbursements) 0.34% 1.85% --------------------------------------------------------------------------------------------------- /1/The Portfolio expenses used to prepare this table were provided to the Company by the Funds. The Company has not independently verified such information. The expenses shown are those incurred for the year ended December 31, 2019, or restated to reflect Portfolio expenses estimated for the current fiscal year, subject to possible adjustment for material changes. Current or future expenses may be greater or less than those shown. The range of expenses above does not show the effect of any fee waiver or expense reimbursement arrangements. The advisers and/or other service providers of certain Portfolios have agreed to waive their fees and/or reimburse the Portfolios' expenses in order to keep the Portfolios' expenses below specified limits. In some cases, these expense limitations are contractual. In other cases, these expense limitations are voluntary and may be terminated at any time. The minimum and maximum Total Annual Portfolio Operating Expenses for all the Portfolios after all fee waivers and expense reimbursements (whether voluntary or contractual) are 0.34% and 1.79%, respectively. Please see the prospectus for each Portfolio for information regarding the expenses for each Portfolio, including fee reduction and/or expense reimbursement arrangements, if applicable. 14 Example For contracts issued on or after the later of May 1, 2003, or the date on which state insurance authorities approve applicable contract modifications, the following Examples apply: These Examples are intended to help you compare the costs of investing in the contract with the costs of investing in other variable annuity contracts. These costs include contract owner transaction expenses, contract and optional rider charges, and Portfolio fees and expenses. The Examples show the dollar amount of expenses you would bear directly or indirectly if you: . invested $10,000 in the contract for the time periods indicated; . earned a 5% annual return on your investment; . elected Lifetime Income Plus 2008 with the Principal Protection Death Benefit or Lifetime Income Plus Solution with the Principal Protection Death Benefit; . elected the Annual Step-Up Death Benefit Rider; and . surrendered your contract at the end of the stated period. Each Example assumes that the maximum fees and expenses of any of the Portfolios are charged. Your actual expenses may be higher or lower than those shown below. The Example does not include any taxes or tax penalties that may be assessed upon surrender of the contract.

Costs Based on Maximum Annual Portfolio Expenses ------------------------------------------------ 1 Year 3 Years 5 Years 10 Years ------ ------- ------- -------- $1,363 $2,585 $3,742 $6,956

The next Example uses the same assumptions as the prior Example, except that it assumes you decide to annuitize your contract at the end of the stated time period.

Costs Based on Maximum Annual Portfolio Expenses ------------------------------------------------ 1 Year 3 Years 5 Years 10 Years ------ ------- ------- -------- $556 $1,863 $3,204 $6,814

The next Example uses the same assumptions as the prior Example, except that it assumes you do not surrender your contract.

Costs Based on Maximum Annual Portfolio Expenses ------------------------------------------------ 1 Year 3 Years 5 Years 10 Years ------ ------- ------- -------- $643 $1,955 $3,304 $6,956

Please remember that you are looking at Examples and not a representation of past or future expenses. Your rate of return may be higher or lower than 5%, which is not guaranteed. The Examples do not assume that any Portfolio expense waivers or fee reimbursement arrangements are in effect for the periods presented. The above Examples assume: . Separate Account charges of 1.55% (deducted daily at an effective annual rate of the assets in the Separate Account); . an annual contract charge of $25 (assumed to be equivalent to 0.25% of the Contract Value); . for Lifetime Income Plus 2008 with the Principal Protection Death Benefit or Lifetime Income Plus Solution with the Principal Protection Death Benefit, a charge of 2.00% of benefit base plus a charge of 0.50% of the value of the Principal Protection Death Benefit (deducted quarterly from Contract Value); and . a charge of 0.20% for the Annual Step-Up Death Benefit Rider (deducted annually as a percentage of Contract Value). If the optional riders are not elected, the expense figures shown above would be lower. For contracts issued prior to May 1, 2003, or prior to the date state insurance authorities approve applicable contract modifications, the following Examples apply: These Examples are intended to help you compare the costs of investing in the contract with the costs of investing in other variable annuity contracts. These costs include contract owner transaction expenses, contract and optional rider charges, Separate Account annual expenses and Portfolio fees and expenses. The Examples show the dollar amount of expenses you would bear directly or indirectly if you: . invested $10,000 in the contract for the time periods indicated; . earned a 5% annual return on your investment; . elected the Optional Guaranteed Minimum Death Benefit Rider; . elected the Optional Enhanced Death Benefit Rider; and . surrendered your contract at the end of the stated period. Each Example assumes that the maximum fees and expenses of any of the Portfolios are charged. Your actual expenses may be higher or lower than those shown below. The Example does not include any taxes or tax penalties that may be assessed upon surrender of the contract.

Costs Based on Maximum Annual Portfolio Expenses ------------------------------------------------ 1 Year 3 Years 5 Years 10 Years ------ ------- ------- -------- $1,155 $1,945 $2,662 $4,523

15 The next Example uses the same assumptions as the prior Example, except that it assumes you decide to annuitize your contract at the end of the stated time period.

Costs Based on Maximum Annual Portfolio Expenses ------------------------------------------------ 1 Year 3 Years 5 Years 10 Years ------ ------- ------- -------- $360 $1,239 $2,134 $4,442

The next Example uses the same assumptions as the prior Example, except that it assumes you do not surrender your contract.

Costs Based on Maximum Annual Portfolio Expenses ------------------------------------------------ 1 Year 3 Years 5 Years 10 Years ------ ------- ------- -------- $435 $1,315 $2,212 $4,523

Please remember that you are looking at Examples and not a representation of past or future expenses. Your rate of return may be higher or lower than 5%, which is not guaranteed. The Examples do not assume that any Portfolio expense waivers or fee reimbursement arrangements are in effect for the periods presented. The above Examples assume: . total Separate Account charges of 1.55% (deducted daily at an annual effective rate of assets in the Separate Account); . an annual contract charge of $25 (assumed to be equivalent to 0.25% of the Contract Value); . a charge of 0.35% for the Optional Guaranteed Minimum Death Benefit Rider (an annual rate as a percentage of the prior contract year's average benefit amount); and . a charge of 0.35% for the Optional Enhanced Death Benefit Rider (an annual rate as a percentage of prior contract year's average Contract Value). If the Optional Guaranteed Minimum Death Benefit Rider and the Optional Enhanced Death Benefit Rider are not elected, the expense figures shown above would be lower. SYNOPSIS What type of contract am I buying? The contract is an individual flexible premium variable deferred annuity contract. We may issue it as a contract qualified ("Qualified Contract") under the Code, or as a contract that is not qualified under the Code ("Non-Qualified Contract"). Because this contract may be used with certain tax qualified retirement plans that offer their own tax deferral benefit, you should consider purchasing the contract as a Qualified Contract. This prospectus only provides disclosure about the contract. Certain features described in this prospectus may vary from your contract. See "The Contract" provision of this prospectus. How does the contract work? Once we approve your application, we will issue a contract. During the accumulation period, you can use your premium payments to buy Accumulation Units in the Separate Account or interests in the Guarantee Account. Should you decide to receive income payments (annuitize the contract), we will convert your Accumulation Units to Annuity Units. You can choose fixed or variable income payments, unless you are taking income payments from the GIS Subaccount(s) pursuant to the election of Guaranteed Income Advantage or you are taking income payments pursuant to the election of Payment Optimizer Plus. All income payments made from the GIS Subaccount(s) will be made in accordance with the terms of Guaranteed Income Advantage. All income payments made from Payment Optimizer Plus will be made in accordance with the terms of that rider. If you choose variable income payments, we will base each periodic income payment upon the number of Annuity Units to which you became entitled at the time you decide to annuitize and on the value of each unit on the date the payment is determined. What is a Bonus Credit? The Bonus Credit is an amount we add to each premium payment we receive. For contracts issued on or after the later of October 29, 2002 or the date on which state insurance authorities approve the applicable contract modifications, and if the Annuitant is age 80 or younger when the contract is issued, we will add 5% of each premium payment to your Contract Value. For contracts issued prior to October 29, 2002 or prior to the date on which state insurance authorities approve the applicable contract modifications, and if the Annuitant is age 80 or younger when the contract is issued, we will add 4% of each premium payment to your Contract Value. If the Annuitant is age 81 or older at the time the contract is issued, we will not pay any Bonus Credits. (The Annuitant cannot be age 81 or older at the time of application unless we approve an Annuitant of an older age.) Bonus Credits are not considered "premium payments" for purposes of the contract. In addition, please note that any applicable Bonus Credit will not be included in the Withdrawal Base, Rider Death Benefit, Principal Protection Death Benefit or Roll-Up Value, if applicable, if you elected Lifetime Income Plus, Lifetime Income Plus 2007 or Lifetime Income Plus 2008; the Purchase Payment Benefit Amount, Roll-Up Value, Maximum Anniversary Value or Principal Protection Death Benefit if you elected Lifetime Income Plus Solution; or the benefit base if you elected Payment Optimizer Plus. You will have to reset your benefit under the terms of the applicable rider to capture the Bonus Credit or any related earnings in the Withdrawal 16 Base, Maximum Anniversary Value or benefit base. See the "Bonus Credits" provision of this prospectus. What is the Separate Account? The Separate Account is a segregated asset account established under Virginia insurance law, and registered with the SEC as a unit investment trust. We allocate the assets of the Separate Account to one or more Subaccounts, in accordance with your instructions. We do not charge those assets with liabilities arising out of any other business we may conduct. Amounts you allocate to the Separate Account will reflect the investment performance of the Portfolios you select. You bear the risk of investment gain or loss on amounts allocated to the Separate Account. See "The Separate Account" provision of this prospectus. What are my variable investment choices? Through its Subaccounts, the Separate Account uses your premium payments to purchase shares, at your direction, in one or more of the Portfolios. In turn, each Portfolio holds securities consistent with its own particular investment objective. See "The Separate Account" provision of this prospectus. What is the Guarantee Account? We offer fixed investment choices through our Guarantee Account. The Guarantee Account is part of our General Account and pays interest at declared rates we guarantee for selected periods of time. We also guarantee the principal, after any deductions of applicable contract charges. Since the Guarantee Account is part of the General Account, we assume the risk of investment gain or loss on amounts allocated to it. The Guarantee Account is not a part of and does not depend upon the investment performance of the Separate Account. You may transfer assets between the Guarantee Account and the Separate Account subject to certain restrictions. The Guarantee Account may not be available in all states or markets. See "The Guarantee Account" and the "Transfers" provisions of this prospectus. What charges are associated with this contract? Should you take a partial surrender or totally surrender your contract before your premium payments have been in your contract for eight full years, we will assess a surrender charge ranging from 2% to 8%, depending upon how many full years those payments have been in the contract. If your premium payments have been in your contract for eight full years, the surrender charge for those purchase payments reduces to 0%. We do not assess a surrender charge upon any amounts surrendered that represent gain. You may also partially surrender up to the greater of 10% of premium payments or any amount surrendered to meet minimum distribution requirements under the Code each contract year without being assessed a surrender charge. If you are making a withdrawal from this contract to meet annual minimum distribution requirements under the Code, and the minimum distribution amount attributable to this contract for the calendar year ending at or before the last day of the contract year exceeds the free withdrawal amount, you may withdraw the difference free of surrender charges. We will deduct amounts surrendered first from any gain in the contract and then from premiums paid. We do not assess the surrender charge upon annuitization under an Optional Payment Plan with a life contingency or a period certain guaranteeing payments for five years or more. We may also waive the surrender charge under certain other conditions. See the "Surrender Charge" provision of this prospectus. We assess annual charges in the aggregate at an effective annual rate of 1.55% against the daily net asset value of the Separate Account. These charges consist of an administrative expense charge of 0.25% and a mortality and expense risk charge of 1.30%. There is also a $25 annual contract charge, which we waive if the Contract Value is $10,000 or more at the time the charge is assessed. We also charge for the optional riders. For a complete discussion of the charges associated with the contract, see the "Charges and Other Deductions" provision of this prospectus. If your state assesses a premium tax with respect to your contract, then at the time we incur the tax (or at such other time as we may choose), we will deduct those amounts from premium payments or the Contract Value, as applicable. See the "Charges and Other Deductions" and the "Deductions for Premium Taxes" provisions of this prospectus. There are also expenses associated with the Portfolios. These include management fees and other expenses associated with the daily operation of each Portfolio, as well as Rule 12b-1 fees or service share fees, if applicable. See the "Fee Tables" provision of this prospectus. A Portfolio may also impose a redemption charge on Subaccount assets that are redeemed from the Portfolio in connection with a transfer. Portfolio expenses, including any redemption charges, are more fully described in the prospectus for each Portfolio. We pay compensation to broker-dealers who sell the contracts. For a discussion of this compensation, see the "Sales of the Contracts" provision of this prospectus. We offer other variable annuity contracts in the Separate Account (and our other separate accounts) that also invest in the same (or many of the same) Portfolios of the Funds offered under the contract. These other contracts may have different charges and may offer different benefits more suitable to your needs. To obtain more information about these contracts, including a prospectus, contact your registered representative, or call (800) 352-9910. 17 How much must I pay and how often? Subject to certain minimum and maximum payments, the amount and frequency of your premium payments are flexible. See "The Contract -- Premium Payments" provision of this prospectus. How will my income payments be calculated? We will pay you a monthly income beginning on the Maturity Date (or the earlier of the Income Start Date and the Maturity Date if Guaranteed Income Advantage is elected at the time of application) if the Annuitant is still living. You may also decide to take income payments under one of the Optional Payment Plans. We will base your initial payment on Contract Value and other factors. See the "Income Payments" provision of this prospectus. What happens if I die before the Maturity Date? Before the Maturity Date, if an owner, joint owner, or Annuitant dies while the contract is in force, we will treat the designated beneficiary as the sole owner of the contract, subject to certain distribution rules. We may pay a death benefit to the designated beneficiary(ies). See the "Death of the Owner and/or Annuitant" provision of this prospectus. May I transfer assets among Subaccounts and to and from the Guarantee Account? You may transfer assets among the Subaccounts and you may transfer assets to and from the Guarantee Account. However, there are limitations imposed by your contract on both the number of transfers that may be made per calendar year, as well as limitations on transfer rights. For transfers among the Subaccounts and transfers to the Subaccounts from the Guarantee Account, the minimum transfer amount is currently $100 or the entire balance in the Subaccount if the transfer will leave a balance of less than $100. See the "Transfers," "Income Payments -- Transfers After the Maturity Date," "Income Payments -- Guaranteed Income Advantage," and "The Guarantee Account" provisions of this prospectus. In addition, if you elect Payment Optimizer Plus, Lifetime Income Plus or Lifetime Income Plus 2007, the benefits you receive under those riders may be reduced if, after a transfer, your assets are not allocated in accordance with the Investment Strategy as outlined in your rider. Contract owners that own Lifetime Income Plus 2008 or Lifetime Income Plus Solution must always allocate assets in accordance with the Investment Strategy. See the "Surrenders and Partial Surrenders -- Guaranteed Minimum Withdrawal Benefit for Life Riders" and "Income Payments -- Payment Optimizer Plus" provisions of this prospectus. May I surrender the contract or take a partial surrender? Yes, subject to contract requirements and restrictions imposed under certain retirement plans. If you surrender the contract or take a partial surrender, we may assess a surrender charge as discussed above. In addition, you will ordinarily be subject to income tax (except for qualified distributions from a Roth IRA) and, if you are younger than age 59 1/2 at the time of the surrender or partial surrender, a 10% IRS penalty tax. A total surrender or a partial surrender may also be subject to tax withholding. See the "Tax Matters" provision of this prospectus. Certain withdrawals, depending on the amount and timing, may negatively impact the benefits and guarantees provided by your contract. For example, a partial surrender will reduce the death benefit by the proportion that the partial surrender (including any applicable surrender charge and premium tax) reduces your Contract Value. See the "Death of Owner and/or Annuitant" provision of this prospectus for more information. In addition, if you elect Guaranteed Income Advantage and you take a withdrawal from the GIS Subaccount(s), you will lose your right to make any additional scheduled transfers to that segment and your guaranteed income floor will be adjusted to reflect the withdrawal made. See the "Income Payments -- Guaranteed Income Advantage" provision of this prospectus. If you elect Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008, Lifetime Income Plus Solution or Payment Optimizer Plus, partial surrenders may affect the benefit you receive under that rider. See the "Surrenders and Partial Surrenders -- Guaranteed Minimum Withdrawal Benefit for Life Riders" and "Income Payments -- Payment Optimizer Plus" provisions of this prospectus. You should carefully consider whether a withdrawal under a particular circumstance will have any negative impact to your benefits or guarantees. The impact of withdrawals generally on your benefits and guarantees is discussed in the corresponding sections of the prospectus describing such benefits and guarantees. Do I get a free look at this contract? Yes. You have the right to return the contract to us at our Home Office at the address listed on page 1 of this prospectus, and have us cancel the contract within a certain number of days (usually 10 days from the date you receive the contract, but some states require different periods). If you exercise this right, we will cancel the contract as of the Valuation Day we receive it at our Home Office and send you a refund computed as of that date. Your refund will be computed as follows: (1) if your Contract Value has increased or has stayed the same, your refund will equal your Contract Value, minus any Bonus Credits applied, but plus any mortality and expense risk charges and administrative 18 expense charges we deducted on or before the date we received the returned contract at our Home Office; (2) if your Contract Value has decreased, your refund will equal your Contract Value, minus any Bonus Credits applied, but plus any mortality and expense risk charges and administrative expense charges we deducted on or before the date we received the returned contract and plus any investment loss, including any charges made by the Portfolios, attributable to Bonus Credits as of the date we received the returned contract at our Home Office; or (3) if required by the law of your state, your premium payments minus any partial surrenders you previously have taken. You receive any gains and we bear any losses attributable to the Bonus Credits during the free look period. We do not assess a surrender charge when your contract is surrendered during the free-look period. See the "Return Privilege" provision of this prospectus for more information. What optional benefits are available under this contract? We offer several optional benefits by rider under this prospectus. The riders may not be available in all states or markets. The Living Benefit Rider Options. Four Guaranteed Minimum Withdrawal Benefit for Life Riders are discussed in this prospectus: Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008 and Lifetime Income Plus Solution. Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008 and Lifetime Income Plus Solution provide guaranteed withdrawals until the last death of an Annuitant, with upside potential, provided you meet certain conditions. To receive the full benefit provided by each of the Guaranteed Minimum Withdrawal Benefit for Life Riders, you must allocate all premium payments and Contract Value in accordance with the Investment Strategy prescribed by the particular rider. If you purchase Lifetime Income Plus 2008 or Lifetime Income Plus Solution, you must always allocate premium payments and Contract Value in accordance with the Investment Strategy prescribed by that rider. Under certain circumstances, the benefit provided under the Guaranteed Minimum Withdrawal Benefit for Life Riders may be reduced or lost. In addition, if you terminate the contract or rider, you will lose your benefit. Please see the "Surrenders and Partial Surrenders -- Guaranteed Minimum Withdrawal Benefit for Life Riders" provision of this prospectus for more information about the riders and their features. Guaranteed Income Advantage provides a guaranteed income benefit that is based on the amount of assets you invest in the GIS Subaccount(s). You may not allocate premium payments or assets in your contract directly into the GIS Subaccount(s). Rather, allocations to the GIS Subaccount(s) must be made through a series of scheduled transfers from other Subaccounts in which you have allocated assets. If income payments have not begun and you terminate the contract, you will lose your benefit. Please see the "Income Payments -- Guaranteed Income Advantage" provision of this prospectus for more information about the rider and its features. Finally, we discuss Payment Optimizer Plus, which provides for a guaranteed income benefit that is based on the amount of premium payments you make to your contract. To receive the full benefit provided by Payment Optimizer Plus, you must allocate all premium payments and assets in your contract in accordance with the Investment Strategy prescribed by the rider. If income payments have not begun and you terminate the contract, you will lose your benefit. Please see the "Income Payments -- Payment Optimizer Plus" provision of this prospectus for more information about the rider and its features. Each of the riders offered in this prospectus is available at an additional charge if elected when you apply for the contract. The Death Benefit Rider Options. We offer the following four optional death benefits by rider in addition to the Basic Death Benefit provided under the contract: (i) the Annual Step-Up Death Benefit Rider; (ii) the 5% Rollup Death Benefit Rider; (iii) the Earnings Protector Death Benefit Rider; and (iv) the Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider. Each of these optional death benefit riders is available at an additional charge if elected when you apply for the contract. The Basic Death Benefit is provided to you automatically and at no additional charge. Please see the "Death of Owner and/or Annuitant" provision of this prospectus for more information about these optional death benefit riders and their features. Are there any risks to purchasing one of the living benefit rider options or death benefit rider options? Guaranteed benefits provided under the living benefit rider options and death benefit rider options, as well as any other contractual guarantee, are guaranteed by the claims paying ability of the Company's General Account and our long-term ability to make payments. See the "Financial Condition of the Company" provision of this prospectus for more information. When are my allocations effective when purchasing this contract? Within two business days after we receive all the information necessary to process your purchase order, we will allocate your initial premium payment directly to the Guarantee 19 Account and/or the Subaccounts that correspond to the Portfolios you choose. For contract owners that have elected Payment Optimizer Plus, Lifetime Income Plus or Lifetime Income Plus 2007, all premium payments must be allocated in accordance with the Investment Strategy as outlined in each rider in order to receive the full benefit provided by the rider. Contract owners that own Lifetime Income Plus 2008 or Lifetime Income Plus Solution must always allocate assets in accordance with the Investment Strategy. For contract owners that have elected Guaranteed Income Advantage, premium payments may not be allocated directly to the GIS Subaccount(s), but must be made pursuant to scheduled transfers from all other Subaccounts in which you have allocated assets. See "The Contract -- Allocation of Premium Payments," the "Surrenders and Partial Surrenders -- Guaranteed Minimum Withdrawal Benefit for Life Riders," the "Income Payments -- Guaranteed Income Advantage," and the "Income Payments -- Payment Optimizer Plus" provisions of this prospectus. What are the federal tax implications of my investment in the contract? Generally all investment earnings under the contract are tax-deferred until withdrawn or until income payments begin. A distribution from the contract, which includes a full or partial surrender or payment of a death benefit, will generally result in taxable income (except for a qualified distribution from a Roth IRA) if there has been an increase in the Contract Value. In certain circumstances, a 10% IRS penalty tax may also apply. 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. See the "Tax Matters" provision of this prospectus. CONDENSED FINANCIAL INFORMATION The value of an Accumulation Unit is determined on the basis of changes in the per share value of the Portfolios and the assessment of Separate Account charges which may vary from contract to contract. Please refer to the Statement of Additional Information for more information on the calculation of Accumulation Unit values. Please see Appendix B of this prospectus for tables of Accumulation Unit values. THE COMPANY We are a stock life insurance company operating under a charter granted by the Commonwealth of Virginia on March 21, 1871. We principally offer life insurance policies and annuity contracts. We do business in 49 states, the District of Columbia and Bermuda. Our principal offices are at 6610 West Broad Street, Richmond, Virginia 23230. We are obligated to pay all amounts promised under the contract. Capital Brokerage Corporation serves as principal underwriter for the contracts and is a broker/dealer registered with the SEC. Genworth North America Corporation (formerly, GNA Corporation) directly owns the stock of Capital Brokerage Corporation and the Company. Genworth North America Corporation is indirectly owned by Genworth Financial, Inc., a public company. FINANCIAL CONDITION OF THE COMPANY Many financial services companies, including insurance companies, continue to face challenges in the persistent low interest rate environment of the past decade, and we are not immune to those challenges. We know it is important for you to understand how this market environment may impact your Contract Value and our ability to meet the guarantees under your contract. Assets in the Separate Account. You assume all of the investment risk for Contract Value allocated to the Subaccounts. Your Contract Value in the Subaccounts is part of the assets of the Separate Account. These assets may not be charged with liabilities arising from any other business that we may conduct. The assets of the Separate Account will, however, be available to cover the liabilities of our General Account to the extent that the Separate Account assets exceed the Separate Account liabilities arising under the contracts supported by it. This means that, with very limited exceptions, all assets in the Separate Account attributable to your Contract Value and that of all other contract owners would receive a priority of payment status over other claims in the event of an insolvency or receivership. See "The Separate Account" provision of this prospectus. Assets in the General Account. You also may be permitted to make allocations to the Guarantee Account, which is part of our General Account. In addition, any guarantees under the contract that exceed your Contract Value, such as those associated with the living benefit rider options or the death benefit rider options, are paid from our General Account (not the Separate Account). Therefore, any amounts that we may pay under the contract in excess of your value in the Separate Account are subject to our financial strength and claims-paying ability and our long-term ability to make such payments. We issue (or have issued) other types of insurance policies and financial products as well, and we also pay our obligations under these products from our assets in the General Account. In the event of an insolvency or receivership, payments we make from our General Account to 20 satisfy claims under the contract would generally receive the same priority as our other policy holder obligations. This means that in the event of an insolvency or receivership, you may receive only a portion, or none, of the payments you are due under the contract. See "The Guarantee Account" provision of this prospectus. Our Financial Condition. As an insurance company, we are required by state insurance regulation to hold a specified amount of reserves in order to meet all the contractual obligations of our General Account to our contract owners. In order to meet our claims-paying obligations, we regularly monitor our reserves to ensure we hold sufficient amounts to cover actual or expected contract and claims payments. In addition, we actively hedge our investments in our General Account, while also requiring contract owners to allocate premium payments to an Investment Strategy if a living benefit rider option has been elected. However, it is important to note that there is no guarantee that we will always be able to meet our claims paying obligations, and that there are risks to purchasing any insurance product. State insurance regulators also require insurance companies to maintain a minimum amount of capital, which acts as a cushion in the event that the insurer suffers a financial impairment, based on the inherent risks in the insurer's operations. These risks include those associated with losses that we may incur as the result of defaults on the payment of interest or principal on our General Account assets, which include, but are not limited to, bonds, mortgages, general real estate investments, and stocks, as well as the loss in value of these investments resulting from a loss in their market value. The market effects on our investment portfolio have caused us to re-evaluate product offerings. We continue to evaluate our investment portfolio to mitigate market risk and actively manage the investments in the portfolio. The Company is exposed to potential risks associated with the recent outbreak of the coronavirus pandemic. The coronavirus pandemic has disrupted the global economy and financial markets, business operations, and consumer behavior and confidence. As a result, the Company could experience significant declines in asset valuations and potential material asset impairments, as well as unexpected changes in persistency rates, as policyholders and contract owners who are affected by the pandemic may not be able to meet their contractual obligations, such as premium payments on their insurance policies. The pandemic has decreased historic low interest rates even further and could also significantly increase the Company's mortality and morbidity experience above the assumptions it used in pricing its insurance and investment products, all of which could result in higher reserve charges and an adverse impact to the Company's financial results. The coronavirus pandemic could also disrupt medical and financial services and has resulted in Genworth Financial, Inc. practicing social distancing with its employees through office closures, all of which could disrupt the Company's normal business operations. While the impact of the developing coronavirus pandemic is very difficult to predict, the related outcomes and impact on the Company will depend on the length of the pandemic and shape of the economic recovery. The Company is continuing to monitor pandemic developments and the potential financial impacts on its business. However, given the specific risks to its business, it is possible the pandemic will have a material adverse impact on the Company, including a material adverse effect on its financial condition and results of operations. How to Obtain More Information. We encourage both existing and prospective contract owners to read and understand our financial statements. We prepare our financial statements on a statutory basis. Our audited financial statements, as well as the financial statements of the Separate Account, are located in the Statement of Additional Information. If you would like a free copy of the Statement of Additional Information, call (800) 352-9910 or write to our Home Office at the address listed on page 1 of this prospectus. In addition, the Statement of Additional Information is available on our website at www.genworth.com or on the SEC's website at www.sec.gov. You may obtain our audited statutory financial statements and any unaudited statutory financial statements that may be available by visiting our website at www.genworth.com. You also will find on our website information on ratings assigned to us by one or more independent rating organizations. These ratings are opinions of an operating insurance company's financial capacity to meet the obligations of its insurance and annuity contracts based on its financial strength and/or claims-paying ability. THE SEPARATE ACCOUNT We established the Separate Account as a separate investment account on August 19, 1987. The Separate Account may invest in mutual funds, unit investment trusts, managed separate accounts, and other portfolios. We use the Separate Account to support the contract as well as for other purposes permitted by law. Currently, there are multiple Subaccounts of the Separate Account available under the contract. Each Subaccount invests exclusively in shares representing an interest in a separate corresponding Portfolio of the Funds. 21 The assets of the Separate Account belong to us. Nonetheless, we do not charge the assets in the Separate Account attributable to the contracts with liabilities arising out of any other business which we may conduct. The assets of the Separate Account will, however, be available to cover the liabilities of our General Account to the extent that the assets of the Separate Account exceed its liabilities arising under the contracts supported by it. Income and both realized and unrealized gains or losses from the assets of the Separate Account are credited to or charged against the Separate Account without regard to the income, gains, or losses arising out of any other business we may conduct. Guarantees made under the contract, including any rider options, are based on the claims paying ability of the Company to the extent that the amount of the guarantee exceeds the assets available in the Separate Account. We registered the Separate Account with the SEC as a unit investment trust under the Investment Company Act of 1940 ("1940 Act"). The Separate Account meets the definition of a separate account under the Federal securities laws. Registration with the SEC does not involve supervision of the management or investment practices or policies of the Separate Account by the SEC. You assume the full investment risk for all amounts you allocate to the Separate Account. If permitted by law, we may deregister the Separate Account under the 1940 Act in the event registration is no longer required; manage the Separate Account under the direction of a committee; or combine the Separate Account with one of our other separate accounts. Further, to the extent permitted by applicable law, we may transfer the assets of the Separate Account to another separate account. The Portfolios There is a separate Subaccount which corresponds to each Portfolio of a Fund offered in this contract. You select the Subaccounts to which you allocate premium payments and Contract Value. In addition, you currently may change your future premium payment allocation without penalty or charges. If you elect Payment Optimizer Plus, Lifetime Income Plus or Lifetime Income Plus 2007, however, the benefits you receive under the rider may be reduced if your assets are not allocated in accordance with the Investment Strategy outlined in each rider. Contract owners that own Lifetime Income Plus 2008 or Lifetime Income Plus Solution must always allocate assets in accordance with the Investment Strategy. In addition, there are limitations on the number of transfers that may be made each calendar year. See the "Transfers" provision of this prospectus for additional information. Each Fund is registered with the SEC as an open-end management investment company under the 1940 Act. The assets of each Portfolio are separate from other portfolios of a Fund and each Portfolio has separate investment objectives and policies. As a result, each Portfolio operates as a separate Portfolio and the investment performance of one Portfolio has no effect on the investment performance of any other Portfolio. Certain Portfolios may invest substantially all of their assets in portfolios of other funds. As a result, you will pay fees and expenses at both portfolio levels. This will reduce your investment return. These arrangements are referred to as "funds of funds" or "master-feeder funds." Funds of funds or master-feeder structures may have higher expenses than Portfolios that invest directly in debt or equity securities. Certain Portfolios may employ hedging strategies to provide for downside protection during sharp downward movements in equity markets. The cost of these hedging strategies could limit the upside participation of the Portfolio in rising equity markets relative to other Portfolios. You should consult with your registered representative to determine which combination of investment choices is appropriate for you. Before choosing a Subaccount to which you will allocate your premium payments and Contract Value, carefully read the prospectus for each Portfolio, along with this prospectus. You may obtain the most recent prospectus for each Portfolio by calling us at (800) 352-9910, or writing us at 6610 West Broad Street, Richmond, Virginia 23230. You may also obtain copies of the prospectus for each Portfolio on our website at www.genworth.com, hover over "Customer Service" and then click on "Prospectuses." We summarize the investment objectives of each Portfolio below. There is no assurance that any of the Portfolios will meet its objectives. We do not guarantee any minimum value for the amounts you allocate to the Separate Account. You bear the investment risk of investing in the Subaccounts. The investment objectives and policies of certain Portfolios are similar to the investment objectives and policies of other portfolios that may be managed by the same investment adviser or manager. The investment results of the Portfolios, however, may be higher or lower than the results of such other portfolios. There can be no assurance, and no representation is made, that the investment results of any of the Portfolios will be comparable to the investment results of any other Portfolio, even if the other Portfolio has the same investment adviser or manager, or if the other Portfolio has a similar name. 22 Subaccounts You may allocate premium payments in the Portfolios listed below, in addition to the Guarantee Account (if available), at any one time. For contract owners that have elected Guaranteed Income Advantage, you may not allocate premium payments directly to the GIS Subaccount(s). Such allocations must be made pursuant to scheduled transfers from all other Subaccounts in which you have allocated assets. See the "Income Payments -- Guaranteed Income Advantage" provision of this prospectus. If you elect Payment Optimizer Plus, Lifetime Income Plus or Lifetime Income Plus 2007, the benefits you receive under the rider may be reduced if your assets are not allocated in accordance with the Investment Strategy outlined in each rider. Contract owners that own Lifetime Income Plus 2008 must always allocate assets in accordance with the Investment Strategy. See the "Surrenders and Partial Surrenders -- Guaranteed Minimum Withdrawal Benefit for Life Riders" and "Income Payments -- Payment Optimizer Plus," provisions of this prospectus.

Adviser (and Sub-Adviser(s), Subaccount Investment Objective as applicable) ------------------------------------------------------------------------------------------------ AB VARIABLE PRODUCTS AB Balanced Wealth Strategy Seeks to achieve the highest AllianceBernstein, L.P. SERIES FUND, INC. Portfolio -- Class B total return consistent with the Adviser's determination of reasonable risk. ------------------------------------------------------------------------------------------------ AB Global Thematic Growth Long-term growth of capital. AllianceBernstein, L.P. Portfolio -- Class B ------------------------------------------------------------------------------------------------ AB Growth and Income Long-term growth of capital. AllianceBernstein, L.P. Portfolio -- Class B ------------------------------------------------------------------------------------------------ AB International Value Long-term growth of capital. AllianceBernstein, L.P. Portfolio -- Class B ------------------------------------------------------------------------------------------------ AB Large Cap Growth Long-term growth of capital. AllianceBernstein, L.P. Portfolio -- Class B ------------------------------------------------------------------------------------------------ AB Small Cap Growth Portfolio -- Long-term growth of capital. AllianceBernstein, L.P. Class B ------------------------------------------------------------------------------------------------ AIM VARIABLE INSURANCE Invesco Oppenheimer V.I. Capital The Fund seeks capital Invesco Advisers, Inc. FUNDS (INVESCO VARIABLE Appreciation Fund -- Series II appreciation. INSURANCE FUNDS) Shares (formerly, Oppenheimer Capital Appreciation Fund/VA -- Service Shares) ------------------------------------------------------------------------------------------------ Invesco Oppenheimer V.I. The Fund seeks total return. Invesco Advisers, Inc. Conservative Balanced Fund -- Series II Shares (formerly, Oppenheimer Conservative Balanced Fund/VA -- Service Shares) ------------------------------------------------------------------------------------------------ Invesco Oppenheimer V.I. Global The Fund seeks capital Invesco Advisers, Inc. Fund -- Series II Shares appreciation. (formerly, Oppenheimer Global Fund/VA -- Service Shares) ------------------------------------------------------------------------------------------------ Invesco Oppenheimer V.I. Main The Fund seeks capital Invesco Advisers, Inc. Street Fund(R) -- Series II Shares appreciation. (formerly, Oppenheimer Main Street Fund(R)/VA -- Service Shares) ------------------------------------------------------------------------------------------------ Invesco Oppenheimer V.I. Main The Fund seeks capital Invesco Advisers, Inc. Street Small Cap Fund(R) -- Series appreciation II Shares (formerly, Oppenheimer Main Street Small Cap Fund(R)/ VA -- Service Shares) ------------------------------------------------------------------------------------------------ Invesco V.I. American Franchise To seek capital growth. Invesco Advisers, Inc. Fund -- Series I shares ------------------------------------------------------------------------------------------------

23

Adviser (and Sub-Adviser(s), Subaccount Investment Objective as applicable) ------------------------------------------------------------------------------------------------------ Invesco V.I. Comstock Fund -- Seeks capital growth and Invesco Advisers, Inc. Class II shares income through investments in equity securities, including common stocks, preferred stocks and securities convertible into common and preferred stocks. ------------------------------------------------------------------------------------------------------ Invesco V.I. Core Equity Fund -- Long-term growth of capital. Invesco Advisers, Inc. Series I shares ------------------------------------------------------------------------------------------------------ Invesco V.I. Equity and Income Seeks both capital Invesco Advisers, Inc. Fund -- Class II shares appreciation and current income. ------------------------------------------------------------------------------------------------------ Invesco V.I. International Growth Long-term growth of capital. Invesco Advisers, Inc. Fund -- Series II shares ------------------------------------------------------------------------------------------------------ AMERICAN CENTURY VP Inflation Protection Fund -- Pursues long-term total American Century Investment VARIABLE PORTFOLIOS II, Class II return using a strategy that Management, Inc. INC. seeks to protect against U.S. inflation. ------------------------------------------------------------------------------------------------------ BLACKROCK VARIABLE BlackRock Advantage U.S. Total Seeks long-term capital BlackRock Advisors, LLC SERIES FUNDS, INC. Market V.I. Fund -- Class III growth. Shares ------------------------------------------------------------------------------------------------------ BlackRock Basic Value V.I. Seeks capital appreciation, BlackRock Advisors, LLC Fund -- Class III Shares and secondarily, income. ------------------------------------------------------------------------------------------------------ BlackRock Global Allocation V.I. Seeks high total investment BlackRock Advisors, LLC Fund -- Class III Shares return. ------------------------------------------------------------------------------------------------------ COLUMBIA FUNDS VARIABLE Columbia Variable Portfolio -- The fund seeks long-term Columbia Management Investment SERIES TRUST II Overseas Core Fund -- Class 2 growth of capital. Advisers, LLC (subadvised by Threadneedle International Limited) ------------------------------------------------------------------------------------------------------ CTIVP/SM/ -- Loomis Sayles The fund seeks long-term Columbia Management Investment Growth Fund -- Class 1 growth of capital. Advisers, LLC (subadvised by Loomis, Sayles & Company, L.P.) ------------------------------------------------------------------------------------------------------ EATON VANCE VT Floating-Rate Income Fund To provide a high level of Eaton Vance Management VARIABLE TRUST current income. ------------------------------------------------------------------------------------------------------ FEDERATED HERMES Federated Hermes High Income Seeks high current income. Federated Investment Management INSURANCE SERIES Bond Fund II -- Service Shares Company (FORMERLY, FEDERATED (formerly, Federated High Income INSURANCE SERIES) Bond Fund II -- Service Shares) ------------------------------------------------------------------------------------------------------ Federated Hermes Kaufmann Seeks capital appreciation. Federated Equity Management Fund II -- Service Shares Company of Pennsylvania (formerly, Federated Kaufmann (subadvised by Federated Global Fund II --Service Shares) Investment Management Corp.) ------------------------------------------------------------------------------------------------------ FIDELITY(R) VARIABLE VIP Balanced Portfolio -- Seeks income and capital Fidelity Management & Research INSURANCE PRODUCTS FUND Service Class 2 growth consistent with Company (FMR) (subadvised by reasonable risk. Fidelity Investments Money Management, Inc. (FIMM), FMR Co., Inc. (FMRC), Fidelity Research & Analysis Company (FRAC), Fidelity Management & Research (U.K.) Inc. (FMR U.K.), Fidelity International Investment Advisors (FIIA), Fidelity International Investment Advisors (U.K.) Limited (FIIA(U.K.)L), and Fidelity Investments Japan Limited (FIJ)) ------------------------------------------------------------------------------------------------------ VIP Contrafund(R) Portfolio -- Seeks long-term capital FMR (subadvised by FMRC, FRAC, Service Class 2 appreciation. FMR U.K., FIIA, FIIA(U.K.)L, and FIJ) ------------------------------------------------------------------------------------------------------

24

Adviser (and Sub-Adviser(s), Subaccount Investment Objective as applicable) ----------------------------------------------------------------------------------------------------- VIP Dynamic Capital Seeks capital appreciation. FMR (subadvised by FMRC, FRAC, Appreciation Portfolio -- FMR U.K., FIIA, FIIA(U.K.)L, and Service Class 2 FIJ) ----------------------------------------------------------------------------------------------------- VIP Equity-Income Portfolio -- Seeks reasonable income. The FMR (subadvised by FMRC, FRAC, Service Class 2 fund will also consider the FMR U.K., FIIA, FIIA(U.K.)L, and potential for capital FIJ) appreciation. The fund's goal is to achieve a yield which exceeds the composite yield on the securities comprising the S&P 500(R) Index. ----------------------------------------------------------------------------------------------------- VIP Growth Portfolio -- Seeks to achieve capital FMR (subadvised by FMRC, FRAC, Service Class 2 appreciation. FMR U.K., FIIA, FIIA(U.K.)L, and FIJ) ----------------------------------------------------------------------------------------------------- VIP Growth & Income Seeks high total return FMR (subadvised by FMRC, FRAC, Portfolio -- Service Class 2 through a combination of FMR U.K., FIIA, FIIA(U.K.)L, and current income and capital FIJ) appreciation. ----------------------------------------------------------------------------------------------------- VIP Growth Opportunities The fund seeks to provide FMR (subadvised by FMRC, FMR Portfolio -- Service Class 2 capital growth. U.K., Fidelity Management & Research (Hong Kong) Limited (FMR H.K.), and Fidelity Management & Research (Japan) Inc. (FMR Japan) ----------------------------------------------------------------------------------------------------- VIP Investment Grade Bond Seeks as high a level of FMR (subadvised by FIMM, FRAC, Portfolio -- Service Class 2 current income as is FIIA and FIIA(U.K.)L) consistent with the preservation of capital. ----------------------------------------------------------------------------------------------------- VIP Mid Cap Portfolio -- Seeks long-term growth of FMR (subadvised by FMRC, FRAC, Service Class 2 capital. FMR U.K., FIIA, FIIA(U.K.)L, and FIJ) ----------------------------------------------------------------------------------------------------- VIP Value Strategies Portfolio -- Seeks capital appreciation. FMR (subadvised by FMRC, FRAC, Service Class 2 FMR U.K., FIIA, FIIA(U.K.)L, and FIJ) ----------------------------------------------------------------------------------------------------- FRANKLIN TEMPLETON Franklin Mutual Shares VIP Seeks capital appreciation, Franklin Mutual Advisers, LLC VARIABLE INSURANCE Fund -- Class 2 Shares with income as a secondary PRODUCTS TRUST goal. The fund normally invests primarily in U.S. and foreign equity securities that the manager believes are undervalued. ----------------------------------------------------------------------------------------------------- Templeton Growth VIP Fund -- Seeks long-term capital Templeton Global Advisors Limited Class 2 Shares growth. Under normal market conditions, the fund invests primarily in equity securities of companies located anywhere in the world, including developing markets. ----------------------------------------------------------------------------------------------------- GOLDMAN SACHS VARIABLE Goldman Sachs Government Maximize current income to Goldman Sachs Asset Management, INSURANCE TRUST Money Market Fund -- the extent consistent with L.P. Service Shares/1/ the preservation of capital and the maintenance of liquidity by investing exclusively in high quality money market instruments. ----------------------------------------------------------------------------------------------------- JANUS ASPEN SERIES Janus Henderson Balanced Seeks long-term capital Janus Capital Management LLC Portfolio -- Service Shares growth, consistent with preservation of capital and balanced by current income. ----------------------------------------------------------------------------------------------------- Janus Henderson Forty Portfolio -- A non-diversified Janus Capital Management LLC Service Shares portfolio/2/ that seeks long-term growth of capital. -----------------------------------------------------------------------------------------------------

/1/ There can be no assurance that the Goldman Sachs Government Money Market Fund will be able to maintain a stable net asset value per share. During extended periods of low interest rates, the yield on the Goldman Sachs Government Money Market Fund may become extremely low and possibly negative./ / /2/ A non-diversified portfolio is a portfolio that may hold a larger position in a smaller number of securities than a diversified portfolio. This means that a single security's increase or decrease in value may have a greater impact on the return and net asset value of a non-diversified portfolio than a diversified portfolio. 25

Adviser (and Sub-Adviser(s), Subaccount Investment Objective as applicable) ----------------------------------------------------------------------------------------------------- MFS(R) VARIABLE INSURANCE MFS(R) Total Return Series -- The fund's investment Massachusetts Financial Services TRUST Service Class Shares objective is to seek total Company return. ----------------------------------------------------------------------------------------------------- MFS(R) Utilities Series -- The fund's investment Massachusetts Financial Services Service Class Shares objective is to seek total Company return. ----------------------------------------------------------------------------------------------------- MFS(R) VARIABLE INSURANCE MFS(R) Massachusetts Investors The fund's investment Massachusetts Financial Services TRUST II Growth Stock Portfolio -- objective is to seek capital Company Service Class Shares appreciation. ----------------------------------------------------------------------------------------------------- PIMCO VARIABLE All Asset Portfolio -- Advisor Seeks maximum real return, Pacific Investment Management INSURANCE TRUST Class Shares consistent with preservation Company LLC/Research Affiliates, of real capital and prudent LLC investment management. ----------------------------------------------------------------------------------------------------- High Yield Portfolio -- Seeks to maximize total Pacific Investment Management Administrative Class Shares return, consistent with Company LLC preservation of capital and prudent investment management. ----------------------------------------------------------------------------------------------------- Long-Term U.S. Government Seeks maximum total return, Pacific Investment Management Portfolio -- Administrative consistent with preservation Company LLC Class Shares of capital and prudent investment management. ----------------------------------------------------------------------------------------------------- Low Duration Portfolio -- Seeks maximum total return, Pacific Investment Management Administrative Class Shares consistent with preservation Company LLC of capital and prudent investment management. ----------------------------------------------------------------------------------------------------- Total Return Portfolio -- Seeks maximum total return, Pacific Investment Management Administrative Class Shares consistent with preservation Company LLC of capital and prudent investment management. ----------------------------------------------------------------------------------------------------- THE PRUDENTIAL SERIES Jennison Portfolio -- Seeks long-term growth of Prudential Investments LLC FUND Class II Shares capital. (subadvised by Jennison Associates LLC) ----------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Seeks long-term growth of Prudential Investments LLC Class II Shares capital. (subadvised by Jennison Associates LLC) ----------------------------------------------------------------------------------------------------- Natural Resources Portfolio -- Seeks long-term growth of Prudential Investments LLC Class II Shares capital. (subadvised by Allianz Global Investors U.S. LLC) ----------------------------------------------------------------------------------------------------- STATE STREET VARIABLE Real Estate Securities V.I.S. Seeks maximum total return SSGA Funds Management, Inc. INSURANCE SERIES FUNDS, Fund -- Class 1 Shares through current income and (subadvised by CenterSquare INC. capital appreciation. Investment Management LLC) ----------------------------------------------------------------------------------------------------- Small-Cap Equity V.I.S. Fund -- Seeks long-term growth of SSGA Funds Management, Inc. Class 1 Shares capital. (subadvised by Palisade Capital Management L.L.C., Champlain Investment Partners, LLC, GlobeFlex Capital, LP, Kennedy Capital Management, Inc. and SouthernSun Asset Management, Inc.) ----------------------------------------------------------------------------------------------------- Total Return V.I.S. Fund/1/ Seeks the highest total SSGA Funds Management, Inc. return, composed of current income and capital appreciation, as is consistent with prudent investment risk. ----------------------------------------------------------------------------------------------------- U.S. Equity V.I.S. Fund -- Seeks long-term growth of SSGA Funds Management, Inc. Class 1 Shares capital. ----------------------------------------------------------------------------------------------------- WELLS FARGO VARIABLE Wells Fargo VT Omega Growth The fund seeks long-term Wells Fargo Funds Management, TRUST Fund -- Class 2 capital appreciation. LLC (subadvised by Wells Capital Management Incorporated) -----------------------------------------------------------------------------------------------------

/1/ For contracts issued on or after May 1, 2006, only Class 3 Shares of the Total Return V.I.S. Fund are available. If your contract was issued prior to May 1, 2006, Class 1 Shares of the Total Return V.I.S. Fund are available. 26 The following Portfolios are not available to contracts issued on or after May 1, 2003:

Adviser (and Sub-Adviser(s), Subaccount Investment Objective as applicable) --------------------------------------------------------------------------------------------------- BNY MELLON BNY Mellon Sustainable U.S. The fund seeks long-term BNY Mellon Investment Advisers, (FORMERLY, DREYFUS) Equity Portfolio, Inc. -- Initial capital appreciation. Inc. (subadvised by Newton Shares (formerly, The Dreyfus Investment Management (North Sustainable U.S. Equity Portfolio, America) Limited) Inc. -- Initial Shares) --------------------------------------------------------------------------------------------------- JANUS ASPEN SERIES Janus Henderson Enterprise Seeks long-term growth of Janus Capital Management LLC Portfolio -- Service Shares capital. --------------------------------------------------------------------------------------------------- Janus Henderson Global Research Seeks long-term growth of Janus Capital Management LLC Portfolio -- Service Shares capital. --------------------------------------------------------------------------------------------------- Janus Henderson Global Seeks long-term growth of Janus Capital Management LLC Technology and Innovation capital. Portfolio -- Service Shares (formerly, Janus Henderson Global Technology Portfolio -- Service Shares) --------------------------------------------------------------------------------------------------- Janus Henderson Research Seeks long-term growth of Janus Capital Management LLC Portfolio -- Service Shares capital. --------------------------------------------------------------------------------------------------- PIMCO VARIABLE Foreign Bond Portfolio (U.S. Seeks maximum total return, Pacific Investment Management INSURANCE TRUST Dollar Hedged) -- consistent with preservation Company LLC Administrative Class Shares of capital and prudent investment management. ---------------------------------------------------------------------------------------------------

The following Portfolio is not available for new premium payments or transfers or for new contracts issued on or after November 15, 2004:

Adviser (and Sub-Adviser(s), Subaccount Investment Objective as applicable) ----------------------------------------------------------------------------------------- JANUS ASPEN SERIES Janus Henderson Overseas Seeks long-term growth of Janus Capital Management LLC Portfolio -- Service Shares capital. -----------------------------------------------------------------------------------------

The following Portfolios are not available to contracts issued on or after May 1, 2006:

Adviser (and Sub-Adviser(s), Subaccount Investment Objective as applicable) ----------------------------------------------------------------------------------------------------- FIDELITY(R) VARIABLE VIP Asset ManagerSM Portfolio -- Seeks to obtain high total Fidelity Management & Research INSURANCE PRODUCTS FUND Service Class 2 return with reduced risk over Company (FMR) (subadvised by the long term by allocating Fidelity Investments Money its assets among stocks, Management, Inc. (FIMM), FMR bonds and short-term Co., Inc. (FMRC), Fidelity Research instruments. & Analysis Company (FRAC), Fidelity Management & Research (U.K.) Inc. (FMR U.K.), Fidelity International Investment Advisors (FIIA), Fidelity International Investment Advisors (U.K.) Limited (FIIA(U.K.)L), and Fidelity Investments Japan Limited (FIJ)) ----------------------------------------------------------------------------------------------------- GOLDMAN SACHS VARIABLE Goldman Sachs Mid Cap Value Seeks long-term capital Goldman Sachs Asset Management, INSURANCE TRUST Fund -- Institutional Shares appreciation. L.P. ----------------------------------------------------------------------------------------------------- MFS(R) VARIABLE INSURANCE MFS(R) New Discovery Series -- The fund's investment Massachusetts Financial Services TRUST Service Class Shares objective is to seek capital Company appreciation. -----------------------------------------------------------------------------------------------------

27 The following Portfolios are not available to contracts issued on or after May 1, 2007:

Adviser (and Sub-Adviser(s), Subaccount Investing In Investment Objective as applicable) ----------------------------------------------------------------------------------------------------- AIM VARIABLE INSURANCE Invesco V.I. American Franchise To seek capital growth. Invesco Advisers, Inc. FUNDS (INVESCO VARIABLE Fund -- Series II shares INSURANCE FUNDS) ----------------------------------------------------------------------------------------------------- LEGG MASON PARTNERS ClearBridge Variable Dividend The fund seeks dividend Legg Mason Partners Fund Advisor, VARIABLE EQUITY TRUST Strategy Portfolio -- Class II income, growth of dividend LLC (subadvised by ClearBridge income and long-term capital Investments, LLC; Western Asset appreciation. Management Company manages the portion of the fund's cash and short term investments allocated to it) -----------------------------------------------------------------------------------------------------

The following Portfolios are not available to contracts issued on or after September 8, 2008:

Adviser (and Sub-Adviser(s), Subaccount Investing In Investment Objective as applicable) ------------------------------------------------------------------------------------------------------ AIM VARIABLE INSURANCE Invesco Oppenheimer V.I. The Fund seeks capital Invesco Advisers, Inc. FUNDS (INVESCO VARIABLE Discovery Mid Cap Growth appreciation. INSURANCE FUNDS) Fund -- Series II Shares (formerly, Oppenheimer Discovery Mid Cap Growth Fund/VA -- Service Shares) ------------------------------------------------------------------------------------------------------ Invesco V.I. Value Opportunities Long-term growth of capital. Invesco Advisers, Inc. Fund -- Series II shares ------------------------------------------------------------------------------------------------------ BLACKROCK VARIABLE BlackRock Large Cap Focus Seeks long-term capital BlackRock Advisors, LLC SERIES FUNDS, INC. Growth V.I. Fund -- Class III growth. Shares ------------------------------------------------------------------------------------------------------ LEGG MASON PARTNERS ClearBridge Variable Aggressive Seeks capital appreciation. Legg Mason Partners Fund Advisor, VARIABLE EQUITY TRUST Growth Portfolio -- Class II LLC (subadvised by ClearBridge Investments, LLC; Western Asset Management Company manages the portion of the fund's cash and short term investments allocated to it) ------------------------------------------------------------------------------------------------------ ClearBridge Variable Large Cap Seeks long-term growth of Legg Mason Partners Fund Advisor, Value Portfolio -- Class I capital. Current income is a LLC (subadvised by ClearBridge secondary objective. Investments, LLC; Western Asset Management Company manages the portion of the fund's cash and short term investments allocated to it) ------------------------------------------------------------------------------------------------------ MFS(R) VARIABLE MFS(R) Investors Trust Series -- The fund's investment Massachusetts Financial Services INSURANCE TRUST Service Class Shares objective is to seek capital Company appreciation. ------------------------------------------------------------------------------------------------------ RYDEX VARIABLE TRUST NASDAQ -- 100(R) Fund/1/ Seeks to provide investment Security Global Investors, LLC results that correspond to a known as Guggenheim Investments benchmark for over-the-counter securities. The portfolio's current benchmark is the NASDAQ 100 Index(TM). ------------------------------------------------------------------------------------------------------ STATE STREET VARIABLE Income V.I.S. Fund -- Seeks maximum income SSGA Funds Management, Inc. INSURANCE SERIES FUNDS, Class 1 Shares consistent with prudent INC. investment management and the preservation of capital. ------------------------------------------------------------------------------------------------------ Premier Growth Equity V.I.S. Seeks long-term growth of SSGA Funds Management, Inc. Fund -- Class 1 Shares capital and future income rather than current income. ------------------------------------------------------------------------------------------------------ S&P 500(R) Index V.I.S. Fund -- Seeks growth of capital and SSGA Funds Management, Inc. Class 1 Shares/2/ accumulation of income that corresponds to the investment return of the S&P 500(R) Index. ------------------------------------------------------------------------------------------------------

/1/ The NASDAQ 100 Index(TM) is an unmanaged index that is a widely recognized indicator of OTC Market performance. /2/ "Standard & Poor's," "S&P," and "S&P 500" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by State Street Global Advisors. The S&P 500(R) Index V.I.S Fund is not sponsored, endorsed, sold or promoted by Standard & Poor's, and Standard & Poor's makes no representation or warranty, express or implied, regarding the advisability of investing in this portfolio or the Policy. 28 The following Portfolios are not available to contracts issued on or after January 5, 2009:

Subaccount Adviser (and Sub-Adviser(s), Investing In Investment Objective as applicable) -------------------------------------------------------------------------------------- FRANKLIN TEMPLETON VARIABLE Franklin Allocation Seeks capital appreciation, with Franklin Advisers, Inc. INSURANCE PRODUCTS TRUST VIP Fund -- Class 2 income as a secondary goal. Shares -------------------------------------------------------------------------------------- Franklin Income VIP Seeks to maximize income while Franklin Advisers, Inc. Fund -- maintaining prospects for capital Class 2 Shares appreciation. Under normal market conditions, the fund invests in a diversified portfolio of debt and equity securities. --------------------------------------------------------------------------------------

Not all of these Portfolios may be available in all states or in all markets. We will purchase shares of the Portfolios at net asset value and direct them to the appropriate Subaccounts. We will redeem sufficient shares of the appropriate Portfolios at net asset value to pay death benefits and surrender or partial surrender proceeds; to make income payments; or for other purposes described in the contract. We automatically reinvest all dividend and capital gain distributions of the Portfolios in shares of the distributing Portfolios at their net asset value on the date of distribution. In other words, we do not pay Portfolio dividends or Portfolio distributions out to owners as additional units, but instead reflect them in unit values. Shares of the Portfolios are not sold directly to the general public. They are sold to us, and they may also be sold to other insurance companies that issue variable annuity contracts and variable life insurance policies. In addition, they may be sold to retirement plans. When a Fund sells shares in any of its Portfolios both to variable annuity and to variable life insurance separate accounts, it engages in mixed funding. When a Fund sells shares in any of its Portfolios to separate accounts of unaffiliated life insurance companies, it engages in shared funding. Each Fund may engage in mixed and shared funding. Therefore, due to differences in redemption rates or tax treatment, or other considerations, the interests of various shareholders participating in a Fund could conflict. A Fund's Board of Directors will monitor for the existence of any material conflicts, and determine what action, if any, should be taken. See the prospectuses for the Portfolios for additional information. We reserve the right, subject to applicable law, to make additions, deletions and substitutions for the Portfolios of the Funds. We may substitute shares of other portfolios for shares already purchased, or to be purchased in the future, under the contract. This substitution might occur if shares of a Portfolio should no longer be available, or if investment in any Portfolio's shares should become inappropriate for the purposes of the contract in the judgment of our management. In addition, the new Portfolios may have higher fees and charges than the ones they replaced. No substitution or deletion will be made without prior notice to you and before approval of the SEC, in accordance with the 1940 Act. We also reserve the right to establish additional Subaccounts, each of which would invest in a separate Portfolio of a Fund, or in shares of another investment company, with a specified investment objective. We may also eliminate one or more Subaccounts if, in our sole discretion, marketing, tax, or investment conditions warrant. We will not eliminate a Subaccount without prior notice to you and before approval of the SEC. Not all Subaccounts may be available to all classes of contracts. There are a number of factors that are considered when deciding what Portfolios are made available in your variable annuity contract. Such factors include: (1) the investment objective of the Portfolio; (2) the Portfolio's performance history; (3) the Portfolio's holdings and strategies it uses to try and meet its objectives; and (4) the Portfolio's servicing agreement. The investment objective is critical because we want to have Portfolios with diverse objectives so that an investor may diversify his or her investment holdings, from a conservative to an aggressive investment portfolio, depending on the advice of his or her investment adviser and risk assessment. There is no assurance, however, that a Portfolio will achieve its stated investment objective. When selecting a Portfolio for our products, we also consider the Portfolio's performance history compared to its peers and whether its holdings and strategies are consistent with its objectives. Please keep in mind that past 29 performance does not guarantee future results. Finally, it is important for us to be able to provide you with a wide array of the services that facilitate your investment program relating to your allocation in Subaccounts that invest in the Portfolios. The Company does not provide investment advice and does not recommend or endorse any particular Subaccount or Portfolio. You bear the entire risk of any decline in your Contract Value resulting from the investment performance of the Subaccounts you have chosen. Payments from Funds and Fund Affiliates. We have entered into agreements with either the investment adviser or distributor of each of the Funds and/or, in certain cases, a Portfolio, under which the Portfolio, the adviser or distributor may make payments to us and/or to certain of our affiliates. We consider these payments and fees among a number of factors when deciding to add or keep a Portfolio on the menu of Portfolios that we offer through the contract. These payments may be made in connection with certain administrative and other services we provide relating to the Portfolios. Such administrative services we provide or obtain include but are not limited to: accounting transactions for variable owners and then providing one daily purchase and sale order on behalf of each Portfolio; providing copies of Portfolio prospectuses, Statements of Additional Information and any supplements thereto; forwarding proxy voting information, gathering the information and providing vote totals to the Portfolio on behalf of our owners; and providing customer service on behalf of the Portfolios, including the provision of teleservicing support in connection with the Portfolios and the provision of office space, equipment, facilities and personnel as may be reasonably required or beneficial in order to provide these services to contract owners. The amount of the payments is based on a percentage of the average annual aggregate net amount we have invested in the Portfolio on behalf of the Separate Account and other separate accounts funding certain variable insurance contracts that we and our affiliates issue. These percentages differ, and some Portfolios, investment advisers or distributors pay us a greater percentage than other Portfolios, advisers or distributors based on the level of administrative and other services provided. The availability of these types of arrangements may create an incentive for us to seek and to add as an investment option under the contract funds or portfolios (and classes of shares of such portfolios) that pay us higher amounts. Other funds or portfolios (or available classes of shares of such portfolios) with substantially similar investment objectives may have lower fees and better overall investment performance than the Funds and Portfolios offered through your contract. We may realize a profit from payments received from a Portfolio or from the adviser and/or the distributor. We may use the proceeds of such payment to pay for the services described above or for any corporate purpose, including payment of expenses (i) that we and/or our affiliates incur in promoting, marketing and administering the contracts, and (ii) that we incur, in our role as intermediary, in maintaining the Portfolios as investment options and facilitating the Subaccounts' investment in the Portfolios The amount received from certain Portfolios for the assets allocated to the Portfolios from the Separate Account during 2019 ranged from 0.10% to 0.25% of annualized average daily net assets. The Portfolios that pay a service fee to us are: Eaton Vance Variable Trust: VT Floating-Rate Income Fund PIMCO Variable Insurance Trust: All Asset Portfolio -- Advisor Class Shares Foreign Bond Portfolio (U.S. Dollar Hedged) -- Administrative Class Shares High Yield Portfolio -- Administrative Class Shares Long-Term U.S. Government Portfolio -- Administrative Class Shares Low Duration Portfolio -- Administrative Class Shares Total Return Portfolio -- Administrative Class Shares The Prudential Series Fund: Jennison Portfolio -- Class II Jennison 20/20 Portfolio -- Class II Natural Resources Portfolio -- Class II. State Street Variable Insurance Series Funds, Inc.: Total Return V.I.S. Fund -- Class 1 Shares Total Return V.I.S. Fund -- Class 3 Shares Wells Fargo Variable Trust: Wells Fargo VT Omega Growth Fund -- Class 2 As noted above, an investment adviser or distributor of a Portfolio, or its affiliates, may make payments to us and/or certain of our affiliates. These payments may be derived, in whole or in part, from the profits the investment adviser or sub-adviser receives on the advisory fee deducted from Portfolio assets. Contract owners, through their indirect investment in the Portfolios, bear the costs of these advisory fees (see the prospectuses for the Portfolios for more information). The amount received from the adviser and/or the distributor for the assets allocated to the Portfolios from the Separate Account during 2019 ranged from 0.05% to 0.50%. Payment of these amounts is not an additional charge to you by the Funds or by us, but comes from the Fund's investment adviser or distributor. These payments may vary by Portfolio. Therefore, the amount of such payments paid to us may be greater or smaller based on the Portfolios you select. 30 In addition to the asset-based payments for administrative and other services described above, the investment adviser or the distributor of the Fund may also pay us or our affiliate Capital Brokerage Corporation, to participate in periodic sales meetings, for expenses relating to the production of promotional sales literature and for other expenses or services. The amount paid to us, or our affiliate Capital Brokerage Corporation, may be significant. Payments to participate in sales meetings may provide a Fund's investment adviser or distributor with greater access to our internal and external wholesalers to provide training, marketing support and educational presentations. In consideration of services provided and expenses incurred by Capital Brokerage Corporation in distributing shares of the Funds, Capital Brokerage Corporation also receives Rule 12b-1 fees from AB Variable Products Series Fund, Inc., AIM Variable Insurance Funds (Invesco Variable Insurance Funds), American Century Variable Portfolios II, Inc., BlackRock Variable Series Funds, Inc., Columbia Funds Variable Series Trust II, Eaton Vance Variable Trust, Federated Hermes Insurance Series, Fidelity Variable Insurance Products Fund, Franklin Templeton Variable Insurance Products Trust, Goldman Sachs Variable Insurance Trust, Janus Aspen Series, Legg Mason Partners Variable Equity Trust, MFS(R) Variable Insurance Trust, MFS(R) Variable Insurance Trust II, PIMCO Variable Insurance Trust, The Prudential Series Fund, State Street Variable Insurance Series Funds, Inc. and Wells Fargo Variable Trust. See the "Fee Tables --Total Annual Portfolio Operating Expenses" section of this prospectus and the Fund prospectuses. These payments range up to 0.25% of Separate Account assets invested in the particular Portfolio. Certain Portfolios may accrue Rule 12b-1 fees at a higher rate (as disclosed in the prospectus for the Portfolio), but payments to us and/or Capital Brokerage Corporation may be made in a lower amount. Not all of the Portfolios may pay the same amount of Rule 12b-1 fees or shareholder servicing fees. Therefore, the amount of such fees paid to us and/or Capital Brokerage Corporation may be greater or smaller based on the Portfolios you select. Voting Rights As required by law, we will vote the shares of the Portfolios held in the Separate Account at special shareholder meetings based on instructions from you. However, if the law changes and we are permitted to vote in our own right, we may elect to do so. Whenever a Fund calls a shareholder meeting, owners with voting interests in a Portfolio will be notified of issues requiring the shareholders' vote as soon as possible before the shareholder meeting. Persons having a voting interest in the Portfolio will be provided with proxy voting materials, reports, other materials, and a form with which to give voting instructions. We will determine the number of votes which you have the right to cast by applying your percentage interest in a Subaccount to the total number of votes attributable to the Subaccount. In determining the number of votes, we will recognize fractional shares. We will vote Portfolio shares for which no instructions are received (or instructions are not received timely) in the same proportion to those that are received. Therefore, because of proportional voting, a small number of contract owners may control the outcome of a vote. We will apply voting instructions to abstain on any item to be voted on a pro-rata basis to reduce the number of votes eligible to be cast. Asset Allocation Program The following is a general description of the Asset Allocation Program available under the contract. A complete description is available in the brochure for the program. The program may be referred to as "Efficient Edge" in the brochure or other materials. General The Asset Allocation Program is an asset allocation service that we make available at no additional charge for use within the contract. Asset allocation is an investment strategy for distributing assets among asset classes to help attain an investment goal. For your contract, the Asset Allocation Program can help with decisions you need to make about how to allocate your Contract Value among available Subaccounts (and their corresponding Portfolios). The theory behind an asset allocation strategy is that diversification among asset classes can help reduce volatility over the long term. AssetMark, Inc. provides investment advice for the Asset Allocation Program. AssetMark is an investment adviser that is registered under the Investment Advisers Act of 1940. We may compensate AssetMark for services it provides related to the Asset Allocation Program. As part of the Asset Allocation Program, AssetMark has developed five asset allocation models ("Asset Allocation Models" or "Models"), each based on different profiles of an investor's investment time horizon and willingness to accept investment risk. Another Asset Allocation Model is a "build your own" Asset Allocation Model. We will refer to this Asset Allocation Model as the "Build Your Own Asset Allocation Model" when necessary to distinguish it from the other Asset Allocation Models. The distinguishing features of the Build Your Own Asset Allocation Model are discussed in the "Build Your Own Asset Allocation Model" provision 31 below. The Asset Allocation Models are designed for use in two different circumstances, as discussed below. . Certain of the optional riders available for purchase under the contract are designed to provide protection against market downturns. To ensure that contract owners' assets protected under one of these riders are invested in accordance with an investment strategy involving an appropriate level of risk, we require the assets to be invested only in an Investment Strategy. For contract owners that purchase Lifetime Income Plus 2008 or Lifetime Income Plus Solution, the contract owner may elect Asset Allocation Model A, B, C, or D or the Build Your Own Asset Allocation Model (or invest in one or more of the Designated Subaccounts) as the Investment Strategy. A contract owner, however, may not elect Asset Allocation Model E. For contract owners that purchase one of the other Guaranteed Minimum Withdrawal Benefit for Life Riders or Payment Optimizer Plus, the contract owner may elect only Asset Allocation Model C (or invest in one or more of the Designated Subaccounts). Asset Allocation Model A, B, D, and E and the Build Your Own Asset Allocation Model are not available as Investment Strategies for these contract owners. . Contract owners that do not purchase Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders may also elect to participate in the Asset Allocation Program. These contract owners may choose Asset Allocation Model A, B, C, D or E. The Build Your Own Asset Allocation Model, however, is not available to these contract owners. The Asset Allocation Program is not available to contract owners who have elected Guaranteed Income Advantage. If you elect to participate in the Asset Allocation Program, your initial premium payment will be allocated to the Subaccounts corresponding to the Portfolios in the Asset Allocation Model you select. Any subsequent premium payments you make will also be allocated accordingly, unless you instruct us otherwise in writing. The Build Your Own Asset Allocation Model works a little differently, as discussed in the "Build Your Own Asset Allocation Model" provision below. If you participate in the Asset Allocation Program, AssetMark will serve as your investment adviser solely for the purposes of the development of the Asset Allocation Models (except for the Build Your Own Asset Allocation Model) and periodic updates of the Models. The Asset Allocation Models are updated on a periodic basis (generally annually), as discussed below. If you elect to participate in the Asset Allocation Program, we will reallocate your Contract Value or premium payments, as applicable, in accordance with the Model you select as it is updated from time to time based on limited discretionary authority that you grant to us, unless you instruct us otherwise. For more information on AssetMark's role as investment adviser for the Asset Allocation Program, you may review AssetMark's disclosure brochure, which will be delivered to you at the time you apply for a contract. Please contact us if you would like to receive a copy of this brochure. We may change the investment adviser that we use to develop and periodically update the Asset Allocation Models, or to the extent permissible under applicable law, use no investment adviser at all. We may perform certain administrative functions on behalf of AssetMark. However, we are not registered as an investment adviser and are not providing any investment advice in making the Asset Allocation Program available to contract owners. The Asset Allocation Models There are six Asset Allocation Models, each comprised of a carefully selected combination of Portfolios offered under the contract. Development of the Asset Allocation Models involves a multi-step process designed to optimize the selection of Portfolios, for a given level of risk tolerance, in an effort to maximize returns and limit the effects of market volatility. The discussion in this section generally applies to all of the Asset Allocation Models, although certain distinguishing features of the Build Your Own Asset Allocation Model are discussed in the "Build Your Own Asset Allocation Model" provision below. Asset allocation strategies reflect the theory that diversification among asset classes can help reduce volatility and potentially enhance returns over the long term. An asset class may be a category of investments having similar characteristics, such as stocks and other equity investments and bonds and other fixed income investments. There also may be further divisions within asset classes, such as divisions according to the size of the issuer (e.g., large cap, mid cap, or small cap), the type of issuer (e.g., government, municipal, or corporate), or the location of the issuer (e.g., domestic or foreign). AssetMark has identified target allocations, between equities and fixed income investments, for the level of risk, investment time horizon and investment objective specified for Asset Allocation Model A, B, C, D and E. To provide further diversification benefits beyond the broad asset class allocations, AssetMark conducts an optimization analysis to determine the appropriate allocations to sub-asset classes for each Asset Allocation Model. While, generally, AssetMark exercises its own broad discretion in allocating to sub-asset classes, we may require AssetMark to target certain levels of sub-asset class allocations in order to achieve a level of 32 risk consistent with certain of our optional riders that require assets to be invested in an Investment Strategy, which may include one or more of the Asset Allocation Models. After the asset class and sub-asset class exposures have been identified for each Asset Allocation Model, a determination is made as to how available Portfolios can be used to implement the asset class allocations. Part of the allocation process used by AssetMark in determining the allocation to Portfolios in the Asset Allocation Models is an evaluation of the asset and/or sub-asset class(es) exposures presented by each Portfolio in order to combine Portfolios to arrive at the desired asset and sub-asset class allocation levels. The Portfolios considered by AssetMark are all those currently available for contributions of new purchase payments by all contract owners. AssetMark considers various factors in determining allocations to each Portfolio for each Asset Allocation Model, which may include historical style analysis and asset performance and multiple regression analyses, as well as qualitative assessments of a Portfolio's portfolio manager and expected future market and economic conditions. While Portfolios are not required to report their current securities holdings directly to AssetMark, this analysis is generally made based on the historic security holdings of the Portfolios as described in public documents. In addition, AssetMark may consider (but is not obligated to follow) recommendations we may make regarding what Portfolios to use. These recommendations may be based on various factors, including whether the investment adviser or distributor of a Portfolio pays us a fee in connection with certain administrative and other services we provide relating to the Portfolio, and whether our affiliate Capital Brokerage Corporation receives Rule 12b-1 fees from the Portfolio. Based on this analysis, Portfolios are selected in a manner that is intended to optimize potential returns of each Model, given a particular level of risk tolerance. This process could, in some cases, result in the inclusion of a Portfolio in a Model based on its specific asset class exposure or other specific optimization factors, even when another Portfolio may have better investment performance. In addition, this may also result in the inclusion of Portfolios with higher fees that may adversely affect performance. Build Your Own Asset Allocation Model. The Build Your Own Asset Allocation Model allows for more flexibility than the other five Asset Allocation Models, enabling you, in consultation with your registered representative, to construct your own asset allocation that you believe best meets your individual investment objectives. We have constructed the Build Your Own Asset Allocation Model to require that you invest between 20% and 80% of your assets in the "Core" asset class, between 20% and 60% of your assets in the "Fixed Income" asset class, and no more than 20% of your assets in the "Specialty" asset class, for a total of 100% of assets invested in accordance with the Model. In constructing the parameters for the Build Your Own Asset Allocation Model, we defined the asset classes among which assets should be allocated, and determined an appropriate percentage range for each asset class. In making these determinations, our goal is to permit any asset allocation that is appropriate for contract owners with moderately conservative to moderately aggressive risk tolerance levels. AssetMark's role for the Build Your Own Asset Allocation Model is to make determinations as to how available Portfolios fit within each asset class. AssetMark considers various factors in assigning Portfolios to an asset class, which may include historical style analysis and asset performance and multiple regression analyses. As with the other Asset Allocation Models, AssetMark may be subject to certain conflicts of interests in categorizing the Portfolios for the Build Your Own Asset Allocation Model, including recommendations from us on which Portfolios to include in the Model or a specific asset class based on the fees we receive in connection with a Portfolio (see the discussion in "The Asset Allocation Models" provision above) and the need by certain Portfolios for additional assets (see the discussion in the "Risks" provision below). It is possible that such conflicts of interest could affect, among other matters, AssetMark's decisions as to which asset class to categorize a Portfolio. Periodic Updates of Asset Allocation Models and Notices of Updates Each of the Asset Allocation Models is evaluated periodically (generally annually) to assess whether the combination of Portfolios within each Model should be changed to better seek to optimize the potential return for the level of risk tolerance intended for the Model. As a result of such periodic analysis, each Model may change, such as by receiving the percentages allocated to each Portfolio. In addition, Portfolios may be added to a Model (including Portfolios not currently available in the contract), or Portfolios may be deleted from a Model. We evaluate the Build Your Own Asset Allocation Model periodically to assess whether the asset allocation parameters should be changed to better ensure that resulting asset allocations are in an appropriate risk tolerance range. If, as a result of such periodic analysis, we determine that the Build Your Own Asset Allocation Model must change (for example by adding, removing or modifying asset classes or by changing the percentage range of investments allocable to an asset class), then we will make a new Build Your Own Asset Allocation Model available for new contract owners. 33 AssetMark will also evaluate the Build Your Own Asset Allocation Model to assess whether the Portfolios are appropriately categorized within each asset class. As a result of this evaluation, AssetMark may determine that certain Portfolios should be placed in a different asset class or, perhaps, removed from the Model, or that other Portfolios should be added to the Model (including Portfolios not currently available in the contract). When your Asset Allocation Model is updated (as described below), we will reallocate your Contract Value (and subsequent premium payments, if applicable) in accordance with any changes to the Model you have selected. This means the allocation of your Contract Value, and potentially the Portfolios in which you are invested, will change and your Contract Value (and subsequent premium payments, if applicable) will be reallocated among the Portfolios in your updated Model (independently of monthly rebalancing, as discussed below). As discussed below, in the case of the Build Your Own Asset Allocation Model, it is possible that a change may be made to the Build Your Own Asset Allocation Model that will require a contract owner to provide us with new allocation instructions. When Asset Allocation Models are to be updated, we will send you written notice of the updates to the Models at least 30 days in advance of the date the updated version of the Model is intended to be effective. Contract owners purchasing contracts who elect to participate in the Asset Allocation Program within the two week period prior to a date that Asset Allocation Models are to be updated, will be provided with information regarding the composition of both the current Asset Allocation Model as well as the proposed changes to the Model. You should carefully review these notices. If you wish to accept the changes to your selected Model, you will not need to take any action, as your Contract Value (and subsequent premium payments, if applicable) will be reallocated in accordance with the updated Model. If you do not wish to accept the changes to your selected Model, you have the following alternatives. If you elected Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders (except for Lifetime Income Plus 2008 and Lifetime Income Plus Solution, as discussed below) you can transfer your Contract Value to one or more of the Designated Subaccounts (as described in the sections of this prospectus discussing the riders), or you can notify us in writing that you have elected to reject the change. If you reject the change and, as a result, your total Contract Value is no longer invested in accordance with the prescribed Investment Strategy, your benefits under the applicable rider will be reduced by 50%. If you elected Lifetime Income Plus 2008 or Lifetime Income Plus Solution, you must transfer your Contract Value to one or more of the Designated Subaccounts (as described in the sections of this prospectus discussing the riders), or one of the other available Asset Allocation Models. Contract owners that own Lifetime Income Plus 2008 or Lifetime Income Plus Solution must always allocate assets in accordance with the Investment Strategy, and any attempt to allocate assets otherwise will be considered not in good order and rejected. Please note, also, that changes may be made to the Build Your Own Asset Allocation Model that will require contract owners whose existing allocations will not meet the parameters of the revised Model to provide us with new allocation instructions. For example, a Portfolio may be moved from one asset class to another or shares of a Portfolio may become unavailable under the contract or in the Model. If we do not receive new allocation instructions from the contract owner in these circumstances in a timely manner after we request such new instructions, the contract owner's assets will be re-allocated to Asset Allocation Model C until we receive new instructions. When a Portfolio in which your assets are invested is closed to new investments but remains in your contract, your investment in that Portfolio at the time of the closing will remain, and you will not be re-allocated to Asset Allocation Model C. However, any subsequent premium payments or transfers requesting an allocation to such a Portfolio will be considered not in good order, and you will be asked to provide us with updated allocation instructions. If you did not elect Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders, you may change to a different Asset Allocation Model or reject the change. If you choose to reject a change in an Asset Allocation Model in accordance with the procedures described above, you create your own portfolio (a "self-directed portfolio"), you have terminated your advisory relationship with AssetMark and AssetMark provides no investment advice related to the creation of a self- directed portfolio. Further, once you have rejected a change in a Model, you are considered to have elected to reject all future changes in the Model. Therefore, if you reject a Model change and thereby create a self-directed portfolio, you will not receive a periodic review of or changes to your portfolio, as would be provided by AssetMark with respect to the Asset Allocation Models. You will, however, continue to receive a quarterly statement with information about your Contract Value, as well as written materials from AssetMark about any changes proposed to be made to the Models, and you can notify us in writing to allocate your Contract Value in accordance with such changes. 34 Selecting an Asset Allocation Model For contract owners who have not elected Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders. If you purchase Payment Optimizer Plus, or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders (except for Lifetime Income Plus 2008 and Lifetime Income Plus Solution, as discussed below) and elect to participate in the Asset Allocation Program, you are required to allocate your Contract Value (and subsequent premium payments, if applicable) to Asset Allocation Model C. If you purchased Lifetime Income Plus 2008 or Lifetime Income Plus Solution and elect to participate in the Asset Allocation Program, you must allocate your Contract Value (and subsequent premium payments, if applicable) to Asset Allocation Model A, B, C, or D or the Build Your Own Asset Allocation Model. If you elect to participate in the Asset Allocation Program and you have not purchased Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders, you must choose Asset Allocation Model A, B, C, D or E for your allocations. We will not make this decision, nor will AssetMark. The following paragraphs provide some information you may want to consider in making this decision. You should consult with your registered representative and/or your financial adviser on your decision regarding which Asset Allocation Model to select. Your registered representative can assist you in determining which Model may be best suited to your financial needs, investment time horizon, and willingness to accept investment risk, and can help you complete the proper forms to participate in the Asset Allocation Program. You should also periodically review these factors with your registered representative to consider whether you should change Models (or, if you have purchased Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders, whether you should transfer your Contract Value to one or more of the Designated Subaccounts) to reflect any changes in your personal circumstances. Your registered representative can help you complete the proper forms to change to a different Model or transfer to Designated Subaccounts. In light of our potential payment obligations under the riders, we will not permit contract owners who have selected a rider to allocate their assets in either a highly aggressive or highly conservative manner. In deciding whether to purchase a rider, you and your registered representative should consider whether an asset allocation not permitted under the rider would best meet your investment objectives. You may, in consultation with your registered representative, utilize an investor profile questionnaire we make available, which asks questions intended to help you or your registered representative assess your financial needs, investment time horizon, and willingness to accept investment risk. However, even if you utilize the investor profile questionnaire, it is your decision, in consultation with your registered representative, which Model to choose initially or whether to change to a different Model or transfer to Designated Subaccounts, as the case may be, at a later time. Neither we nor AssetMark bear any responsibility for this decision. You may change to a different Model or transfer to Designated Subaccounts, as the case may be, at any time with a proper written request or by telephone or electronic instructions, provided a valid telephone/electronic authorization is on file with us. Monthly Rebalancing Each calendar month (on the "monthly anniversary" of your Contract Date), and on any Valuation Day after any transaction involving a withdrawal, receipt of a premium payment or a transfer of Contract Value, we rebalance your Contract Value to maintain the Subaccounts and their corresponding Portfolios, and the relative percentages of the Subaccounts, for your selected Asset Allocation Model. This monthly rebalancing takes account of: . increases and decreases in Contract Value in each Subaccount due to Subaccount performance; and . increases and decreases in Contract Value in each Subaccount due to Subaccount transfers, withdrawals (particularly if taken from specific Subaccounts you have designated), and premium payments (particularly if allocated to specific Subaccounts you have designated). The first monthly rebalancing will occur on the first "monthly anniversary" of the Contract Date. We will not rebalance self-directed portfolios (discussed above) unless the contract owner elects the Portfolio Rebalancing program. For self-directed portfolios, future premium payments for which no specific allocation instructions are received will be allocated in accordance with the last allocation instructions we received, which may have been a prior version of their Asset Allocation Model. Accordingly, if you have a self-directed portfolio you should consider providing specific allocation instructions with each premium payment or contacting us to update your default allocation instructions. Quarterly Reports If you elect to participate in the Asset Allocation Program, you will be sent quarterly reports that provide information about the Subaccounts within your Model, as part of your usual quarterly 35 statement. Information concerning the current Models is provided below. Risks Although the Asset Allocation Models are designed to optimize returns given the various levels of risk, there is no assurance that a Model portfolio will not lose money or not experience volatility. Investment performance of your Contract Value could be better or worse by participating in an Asset Allocation Model than if you had not participated. A Model may perform better or worse than any single Portfolio, Subaccount or asset class or other combinations of Portfolios, Subaccounts or asset classes. Model performance is dependent upon the performance of the component Portfolios. Your Contract Value will fluctuate, and when redeemed, may be worth more or less than the original cost. An Asset Allocation Model may not perform as intended. Although the Models are intended to optimize returns given various levels of risk tolerance, portfolio, market and asset class performance may differ in the future from the historical performance and assumptions upon which the Models are based, which could cause the Models to be ineffective or less effective in reducing volatility. Periodic updating of the Asset Allocation Models can cause the underlying Portfolios to incur transactional expenses to raise cash for money flowing out of the Portfolios or to buy securities with money flowing into the Portfolios. These expenses can adversely affect performance of the related Portfolios and the Models. AssetMark may be subject to competing interests that have the potential to influence its decision making with regard to the Asset Allocation Program. For example, the Company may believe that certain Portfolios could benefit from additional assets or could be harmed by redemptions. In addition, the Portfolios underlying the Subaccounts may invest, depending upon their investment objective and decisions by their investment managers, in securities issued by Genworth Financial, Inc. or its affiliates. AssetMark will not have any role in determining whether a Portfolio should purchase or sell Genworth securities. AssetMark may allocate portions of the Asset Allocation Models to Portfolios which have held, hold or may hold Genworth securities. AssetMark's decision to allocate a percentage of a Model to such a Portfolio will be based on the merits of investing in such a Portfolio and a determination that such an investment is appropriate for the Model. 36 The Models Information concerning the Asset Allocation Models is provided on the following pages. Effective close of business July 24, 2020, Asset Allocation Models A, B, C, D and E will be updated. Tables disclosing the Model percentage allocations and Portfolio selections for Asset Allocation Models A, B, C, D and E, before and after the update, are provided on the next two pages. You should review this information carefully before selecting or changing a Model.

Moderately Moderately Conservative Conservative Moderate Aggressive Aggressive Allocation Allocation Allocation Allocation Allocation "Model A" "Model B" "Model C" "Model D" "Model E" -------------------------------------------------------------------------------------------------------- Investor Profile -------------------------------------------------------------------------------------------------------- Investor is willing Investor is willing Investor is willing Investor is willing Investor is willing to accept a low to accept a low to to accept a to accept a to accept a high level of risk, has moderate level of moderate level of moderate to high level of risk, has a short term (less risk, has a risk, has a level of risk, has a long term (more than five years) moderately short moderately long a long term (15 to than 15 years) investment time term (less than ten term (10 to 20 20 years) investment time horizon and is years) investment years) investment investment time horizon and has the looking for an time horizon and is time horizon and is horizon and is temperament to ride investment that is looking for an looking for an looking for a out market swings. relatively stable investment to keep investment with the growth oriented in value. pace with inflation. opportunity for investment. long term moderate growth. -------------------------------------------------------------------------------------------------------- Investor Objective -------------------------------------------------------------------------------------------------------- High level of Growth and current Growth of capital Growth of capital Growth of capital. current income with income. Target with a low to but without the Target allocation preservation of allocation mix is moderate level of price swings of an mix is 100% capital. Target 40% equities and current income. all equity equities. allocation mix is 60% fixed income. Target allocation portfolio. Target 20% equities and mix is 60% equities allocation mix is 80% fixed income. and 40% fixed 80% equities and income. 20% fixed income. --------------------------------------------------------------------------------------------------------

Build Your Own Asset Allocation Model ---------------------------------------------------------------------------------------- The Build Your Own Asset Allocation Model is constructed, generally, to allow for the creation of an equity to fixed income allocation that ranges between 40% equities/60% fixed income to 80% equities/20% fixed income. These ranges generally fall within the Investor Profile and Investor Objective for Asset Allocation Model B (Moderately Conservative Allocation) on one end of the spectrum and for Asset Allocation Model D (Moderately Aggressive Allocation) on the other. Of course, the Investor Profile and Investor Objective that your allocation will most closely correspond to will depend on your actual allocation. ----------------------------------------------------------------------------------------

37 MODEL PERCENTAGE ALLOCATIONS AND PORTFOLIO SELECTIONS Current through July 24, 2020

Portfolios Model A Model B Model C Model D --------------------------------------------------------------------------------------------------------------------------- Equities --------------------------------------------------------------------------------------------------------------------------- Large Cap Growth Columbia CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 1% 2% 3% 4% --------------------------------------------------------------------------------------------- Fidelity VIP Contrafund(R)/ /Portfolio -- Service Class 2 1% 2% 3% 4% --------------------------------------------------------------------------------------------------------------------------- Large Cap Value BlackRock Basic Value V.I. Fund -- Class III Shares 1% 2% 3% 4% --------------------------------------------------------------------------------------------- Fidelity VIP Equity-Income Portfolio -- Service Class 2 1% 2% 3% 4% --------------------------------------------------------------------------------------------------------------------------- Large Cap Core Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 4% 9% 13% 17% --------------------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares 4% 9% 13% 17% --------------------------------------------------------------------------------------------------------------------------- Mid Cap Core Fidelity VIP Mid Cap Portfolio -- Service Class 2 2% 4% 5% 7% --------------------------------------------------------------------------------------------------------------------------- Small Cap Core Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 1% 1% 2% 3% --------------------------------------------------------------------------------------------------------------------------- Global Equity Invesco Oppenheimer V.I. Global Fund -- Series II Shares 1% 1% 2% 3% --------------------------------------------------------------------------------------------------------------------------- Foreign Large Cap Growth Invesco V.I. International Growth Fund -- Series II shares 1% 2% 4% 5% --------------------------------------------------------------------------------------------------------------------------- Foreign Large Cap Value AB International Value Portfolio -- Class B 1% 2% 3% 4% --------------------------------------------------------------------------------------------------------------------------- Natural Resources Prudential Series Natural Resources Portfolio -- Class II Shares 1% 3% 4% 5% --------------------------------------------------------------------------------------------------------------------------- Real Estate (U.S. REITs) State Street Real Estate Securities V.I.S. Fund -- Class 1 Shares 1% 1% 2% 3% --------------------------------------------------------------------------------------------------------------------------- Total % Equities 20% 40% 60% 80% --------------------------------------------------------------------------------------------------------------------------- Fixed Income --------------------------------------------------------------------------------------------------------------------------- Long Duration PIMCO VIT Long-Term U.S. Government Portfolio -- Administrative Class Shares 8% 6% 4% 2% --------------------------------------------------------------------------------------------------------------------------- Medium Duration Fidelity VIP Investment Grade Bond Portfolio -- Service Class 2 20% 15% 10% 5% --------------------------------------------------------------------------------------------- PIMCO VIT Total Return Portfolio -- Administrative Class Shares 20% 15% 10% 5% --------------------------------------------------------------------------------------------------------------------------- Short Duration PIMCO VIT Low Duration Portfolio -- Administrative Class Shares 6% 4% 3% 2% --------------------------------------------------------------------------------------------------------------------------- Treasury Inflation-Protected Securities American Century VP Inflation Protection Fund -- Class II 10% 8% 5% 2% --------------------------------------------------------------------------------------------------------------------------- Domestic High Yield PIMCO VIT High Yield Portfolio -- Administrative Class Shares 8% 6% 4% 2% --------------------------------------------------------------------------------------------------------------------------- Bank Loans Eaton Vance VT Floating-Rate Income Fund 8% 6% 4% 2% --------------------------------------------------------------------------------------------------------------------------- Total % Fixed Income 80% 60% 40% 20% ---------------------------------------------------------------------------------------------------------------------------

Portfolios Model E -------------------------------------------------------------------- -------------------------------------------------------------------- Columbia CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 5% -------------------------------------------------------------------- Fidelity VIP Contrafund(R)/ /Portfolio -- Service Class 2 5% -------------------------------------------------------------------- BlackRock Basic Value V.I. Fund -- Class III Shares 5% -------------------------------------------------------------------- Fidelity VIP Equity-Income Portfolio -- Service Class 2 5% -------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 22% -------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares 22% -------------------------------------------------------------------- Fidelity VIP Mid Cap Portfolio -- Service Class 2 8% -------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 3% -------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares 3% -------------------------------------------------------------------- Invesco V.I. International Growth Fund -- Series II shares 7% -------------------------------------------------------------------- AB International Value Portfolio -- Class B 5% -------------------------------------------------------------------- Prudential Series Natural Resources Portfolio -- Class II Shares 7% -------------------------------------------------------------------- State Street Real Estate Securities V.I.S. Fund -- Class 1 Shares 3% -------------------------------------------------------------------- 100% -------------------------------------------------------------------- -------------------------------------------------------------------- PIMCO VIT Long-Term U.S. Government Portfolio -- Administrative Class Shares 0% -------------------------------------------------------------------- Fidelity VIP Investment Grade Bond Portfolio -- Service Class 2 0% -------------------------------------------------------------------- PIMCO VIT Total Return Portfolio -- Administrative Class Shares 0% -------------------------------------------------------------------- PIMCO VIT Low Duration Portfolio -- Administrative Class Shares 0% -------------------------------------------------------------------- American Century VP Inflation Protection Fund -- Class II 0% -------------------------------------------------------------------- PIMCO VIT High Yield Portfolio -- Administrative Class Shares 0% -------------------------------------------------------------------- Eaton Vance VT Floating-Rate Income Fund 0% -------------------------------------------------------------------- 0% --------------------------------------------------------------------

38 MODEL PERCENTAGE ALLOCATIONS AND PORTFOLIO SELECTIONS Effective after the close of business on July 24, 2020

Portfolios Model A Model B Model C Model D --------------------------------------------------------------------------------------------------------------------------- Equities --------------------------------------------------------------------------------------------------------------------------- Large Cap Growth Columbia CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 4% 9% 14% 18% --------------------------------------------------------------------------------------------- Fidelity VIP Growth Opportunities Portfolio -- Service Class 2 3% 7% 10% 13% --------------------------------------------------------------------------------------------------------------------------- Mid Cap Growth Federated Hermes Kaufmann Fund II -- Service Shares 1% 2% 2% 3% --------------------------------------------------------------------------------------------------------------------------- Small Cap Core Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 1% 1% 2% 3% --------------------------------------------------------------------------------------------------------------------------- Small Cap Growth AB Small Cap Growth Portfolio -- Class B 1% 1% 2% 3% --------------------------------------------------------------------------------------------------------------------------- Global Equity Fidelity VIP Equity-Income Portfolio -- Service Class 2 4% 9% 14% 18% --------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares 3% 7% 10% 13% --------------------------------------------------------------------------------------------------------------------------- Foreign Large Cap Value AB International Value Portfolio -- Class B 1% 1% 2% 3% --------------------------------------------------------------------------------------------------------------------------- Natural Resources Prudential Series Natural Resources Portfolio -- Class II Shares 1% 2% 2% 3% --------------------------------------------------------------------------------------------------------------------------- Real Estate (U.S. REITs) State Street Real Estate Securities V.I.S. Fund -- Class 1 Shares 1% 1% 2% 3% --------------------------------------------------------------------------------------------------------------------------- Total % Equities 20% 40% 60% 80% --------------------------------------------------------------------------------------------------------------------------- Fixed Income --------------------------------------------------------------------------------------------------------------------------- Long Duration PIMCO VIT Long-Term U.S. Government Portfolio -- Administrative Class Shares 12% 9% 6% 3% --------------------------------------------------------------------------------------------------------------------------- Medium Duration Fidelity VIP Investment Grade Bond Portfolio -- Service Class 2 20% 15% 10% 5% --------------------------------------------------------------------------------------------- PIMCO VIT Total Return Portfolio -- Administrative Class Shares 16% 12% 8% 4% --------------------------------------------------------------------------------------------------------------------------- Short Duration PIMCO VIT Low Duration Portfolio -- Administrative Class Shares 20% 15% 10% 5% --------------------------------------------------------------------------------------------------------------------------- Treasury Inflation-Protected Securities American Century VP Inflation Protection Fund -- Class II 4% 3% 2% 1% --------------------------------------------------------------------------------------------------------------------------- Domestic High Yield PIMCO VIT High Yield Portfolio -- Administrative Class Shares 4% 3% 2% 1% --------------------------------------------------------------------------------------------------------------------------- Bank Loans Eaton Vance VT Floating-Rate Income Fund 4% 3% 2% 1% --------------------------------------------------------------------------------------------------------------------------- Total % Fixed Income 80% 60% 40% 20% ---------------------------------------------------------------------------------------------------------------------------

Portfolios Model E -------------------------------------------------------------------- -------------------------------------------------------------------- Columbia CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 23% -------------------------------------------------------------------- Fidelity VIP Growth Opportunities Portfolio -- Service Class 2 17% -------------------------------------------------------------------- Federated Hermes Kaufmann Fund II -- Service Shares 4% -------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 3% -------------------------------------------------------------------- AB Small Cap Growth Portfolio -- Class B 3% -------------------------------------------------------------------- Fidelity VIP Equity-Income Portfolio -- Service Class 2 23% -------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares 17% -------------------------------------------------------------------- AB International Value Portfolio -- Class B 3% -------------------------------------------------------------------- Prudential Series Natural Resources Portfolio -- Class II Shares 4% -------------------------------------------------------------------- State Street Real Estate Securities V.I.S. Fund -- Class 1 Shares 3% -------------------------------------------------------------------- 100% -------------------------------------------------------------------- -------------------------------------------------------------------- PIMCO VIT Long-Term U.S. Government Portfolio -- Administrative Class Shares 0% -------------------------------------------------------------------- Fidelity VIP Investment Grade Bond Portfolio -- Service Class 2 0% -------------------------------------------------------------------- PIMCO VIT Total Return Portfolio -- Administrative Class Shares 0% -------------------------------------------------------------------- PIMCO VIT Low Duration Portfolio -- Administrative Class Shares 0% -------------------------------------------------------------------- American Century VP Inflation Protection Fund -- Class II 0% -------------------------------------------------------------------- PIMCO VIT High Yield Portfolio -- Administrative Class Shares 0% -------------------------------------------------------------------- Eaton Vance VT Floating-Rate Income Fund 0% -------------------------------------------------------------------- 0% --------------------------------------------------------------------

39 MODEL PERCENTAGE ALLOCATIONS AND PORTFOLIO SELECTIONS BUILD YOUR OWN ASSET ALLOCATION MODEL

Core Asset Class (20% to 80%) Specialty Asset Class (0% to 20%) Fixed Income Asset Class (20% to 60%) -------------------------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio AB Global Thematic Growth Portfolio -- Fidelity VIP Investment Grade Bond -- Class B Class B Portfolio -- Service Class 2 AB Growth and Income Portfolio -- AB International Value Portfolio -- PIMCO VIT Long-Term U.S. Government Class B Class B Portfolio -- Administrative BlackRock Basic Value V.I. Fund -- AB Small Cap Growth Portfolio -- Class B Class Shares Class III Shares American Century VP Inflation PIMCO VIT Low Duration Portfolio -- BlackRock Global Allocation V.I. Fund Protection Fund -- Class II Administrative Class Shares -- Class III Shares BlackRock Advantage U.S. Total Market PIMCO VIT Total Return Portfolio -- Columbia CTIVP/SM/ -- Loomis Sayles V.I. Fund -- Class III Shares Administrative Class Shares Growth Fund -- Class 1 Columbia Variable Portfolio -- Overseas Fidelity VIP Balanced Portfolio -- Core Fund -- Class 2 Service Class 2 Eaton Vance VT Floating-Rate Income Fund Fidelity VIP Contrafund(R) Portfolio -- Federated Hermes High Income Bond Fund Service Class 2 II -- Service Shares Fidelity VIP Equity-Income Portfolio -- Federated Hermes Kaufmann Fund II -- Service Class 2 Service Shares Fidelity VIP Growth & Income Portfolio Fidelity VIP Dynamic Capital -- Service Class 2 Appreciation Portfolio -- Service Franklin Templeton VIP Franklin Mutual Class 2 Shares VIP Fund -- Class 2 Shares Fidelity VIP Growth Portfolio -- Franklin Templeton VIP Templeton Growth Service Class 2 VIP Fund -- Class 2 Shares Fidelity VIP Growth Opportunities Invesco Oppenheimer V.I. Capital Portfolio -- Service Class 2 Appreciation Fund -- Series II Shares Fidelity VIP Mid Cap Portfolio -- Invesco Oppenheimer V.I. Conservative Service Class 2 Balanced Fund -- Series II Shares Fidelity VIP Value Strategies Portfolio Invesco Oppenheimer V.I. Global Fund -- -- Service Class 2 Series II Shares Invesco Oppenheimer V.I. Main Street Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares Fund(R) -- Series II Shares Janus Henderson Forty Portfolio -- Invesco V.I. American Franchise Fund -- Service Shares Series I shares MFS(R) Utilities Series -- Service Invesco V.I. Comstock Fund -- Series II Class Shares shares PIMCO VIT All Asset Portfolio -- Invesco V.I. Core Equity Fund -- Series Advisor Class Shares I shares PIMCO VIT High Yield Portfolio -- Invesco V.I. Equity and Income Fund -- Administrative Class Shares Series II shares Prudential Jennison Portfolio -- Invesco V.I. International Growth Fund Class II Shares -- Series II shares Prudential Jennison 20/20 Focus Janus Henderson Balanced Portfolio -- Portfolio -- Class II Shares Service Shares Prudential Natural Resources Portfolio MFS(R) Total Return Series -- Service -- Class II Shares Class Shares State Street Real Estate Securities State Street Total Return V.I.S. Fund V.I.S. Fund -- Class 1 Shares -- Class 3 Shares State Street Small-Cap Equity V.I.S. State Street U.S. Equity V.I.S. Fund -- Fund -- Class 1 Shares Class 1 Shares Wells Fargo VT Omega Growth Fund -- Class 2

40 THE GUARANTEE ACCOUNT Amounts in the Guarantee Account are held in, and are part of, our General Account. The General Account consists of our assets other than those allocated to this and other Separate Accounts. Subject to statutory authority, we have sole discretion over the investment of assets of the General Account. The assets of the General Account are chargeable with liabilities arising out of any business we may conduct. Due to certain exemptive and exclusionary provisions of the federal securities laws, we have not registered interests in the Guarantee Account under the Securities Act of 1933 (the "1933 Act"), and we have not registered either the Guarantee Account or our General Account as an investment company under the 1940 Act. Accordingly, neither the interests in the Guarantee Account nor our General Account are generally subject to regulation under the 1933 Act and the 1940 Act. Disclosures relating to the interests in the Guarantee Account and the General Account, may however, be subject to certain generally applicable provisions of the federal securities laws relating to the accuracy of statements made in a registration statement. The Guarantee Account may not be available in all states or markets. Generally, you may allocate your premium payments and/or transfer assets to the Guarantee Account. For contracts issued on or after the later of September 2, 2003, or the date on which state insurance authorities approve applicable contract modifications, we may limit the amount that may be allocated to the Guarantee Account. Currently, for such contracts, no more than 25% of your Contract Value, as determined at the time of allocation, may be allocated to the Guarantee Account. In addition, where permitted by state law, we will refuse new premium payments or transfers into the Guarantee Account when your assets in the Guarantee Account are equal to or greater than 25% of your Contract Value at the time of allocation. We generally exercise our right to limit or refuse allocations to the Guarantee Account when interest rate periods are low for prolonged periods of time. Amounts allocated to the Guarantee Account are credited interest (as described below). Assets in the Guarantee Account are subject to some, but not all, of the charges we assess in connection with your contract. See the "Charges and Other Deductions" provision of this prospectus. The Guarantee Account is not available for contract owners who have elected Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008, Lifetime Income Plus Solution or Payment Optimizer Plus for as long as the rider is in effect. Each time you allocate premium payments or transfer assets to the Guarantee Account, we establish an interest rate guarantee period. For each interest rate guarantee period, we guarantee an interest rate for a specified period of time. At the end of an interest rate guarantee period, a new interest rate will become effective, and a new interest rate guarantee period for one year will commence for the remaining portion of that particular allocation. We determine the interest rates at our sole discretion. The determination made will be influenced by, but not necessarily correspond to, interest rates available on fixed income investments which we may acquire with the amounts we receive as premium payments or transfers of assets under the contracts. You will have no direct or indirect interest in these investments. We also will consider other factors in determining interest rates for a guarantee period including, but not limited to, regulatory and tax requirements, sales commissions, and administrative expenses borne by us, general economic trends, and competitive factors. Amounts you allocate to the Guarantee Account (if available) will not share in the investment performance of our General Account. We cannot predict or guarantee the level of interest rates in future guarantee periods. However, the interest rates for any interest rate guarantee period will be at least the guaranteed interest rate shown in your contract. We will notify you in writing at least 5 days prior to the expiration date of any interest rate guarantee period about the then currently available interest rate guarantee periods and the guaranteed interest rates applicable to such interest rate guarantee periods. A new one year interest rate guarantee period will commence automatically unless we receive written notice prior to the end of the 30-day period following the expiration of the interest rate guarantee period ("30-day window") of your election of a different interest rate guarantee period from among those being offered by us at that time, or instructions to transfer all or a portion of the remaining amount to one or more Subaccounts subject to certain restrictions. See the "Transfers" provision of this prospectus. During the 30-day window, the allocation will accrue interest at the new interest rate guarantee period's interest rate. To the extent permitted by law, we reserve the right at any time to offer interest rate guarantee periods that differ than those available when we issued the contract, and to credit a higher rate of interest on premium payments allocated to the Guarantee Account participating in a Dollar Cost Averaging program than would otherwise be credited if not participating in a Dollar Cost Averaging program. See the "Dollar Cost Averaging Program" provision of this prospectus. Such a program may not be available to all contracts. We also reserve the right, at any time, to stop accepting premium payments or transfers of assets to a particular interest rate guarantee period. Since the specific interest rate guarantee periods available may change periodically, please contact our Home Office at the address listed on page 1 of this prospectus to determine the interest rate guarantee periods currently being offered. 41 CHARGES AND OTHER DEDUCTIONS We sell the contracts through registered representatives of broker-dealers. These registered representatives are also appointed and licensed as insurance agents of the Company. We pay commissions to the broker-dealers for selling the contracts. We intend to recover commissions, marketing, administrative and other expenses and costs of contract benefits, and other incentives we pay, through fees and charges imposed under the contracts and other corporate revenue. See the "Sales of the Contracts" provision of this prospectus for more information. All of the charges described in this section apply to assets allocated to the Separate Account. Assets in the Guarantee Account are subject to all of the charges described in this section except for the mortality and expense risk charge and the administrative expense charge. We will deduct the charges described below to cover our costs and expenses, services provided, and risks assumed under the contracts. We incur certain costs and expenses for the distribution and administration of the contracts and for providing the benefits payable thereunder. Our administrative services include: . processing applications for and issuing the contracts; . maintaining records; . administering income payments; . furnishing accounting and valuation services (including the calculation and monitoring of daily Subaccount values); . reconciling and depositing cash receipts; . providing tax forms; . providing contract confirmations and periodic statements; . providing toll-free inquiry services; and . furnishing telephone and internet transaction services. The risks we assume include: . the risk that the death benefit will be greater than the Surrender Value; . the risk that withdrawals taken pursuant to a living benefit rider will be greater than the Surrender Value; . the risk that the actual life-span of persons receiving income payments under the contract will exceed the assumptions reflected in our guaranteed rates (these rates are incorporated in the contract and cannot be changed); . the risk that more owners than expected will qualify for waivers of the surrender charges; and . the risk that our costs in providing the services will exceed our revenues from contract charges (which cannot be changed by us). We designed the Bonus Credit as part of the overall sales load structure for the contracts. When the contracts were designed, we set the Bonus Credit level and the level of the surrender charge to reflect the overall level of sales load and distribution expenses associated with the contracts. Although there is no specific charge for the Bonus Credit, we may use a portion of the surrender charge and mortality and expense risk charge to help recover the cost of providing the Bonus Credit under the contract. We may realize a profit from this feature. The amount of the charges may not necessarily correspond to the costs associated with providing the services or benefits indicated by the designation of the charge. For example, the surrender charge we collect may not fully cover all of the sales and distribution expenses we actually incur. We also may realize a profit on one or more of the charges. We may use any such profits for any corporate purpose, including the payment of sales expenses. Transaction Expenses Surrender Charge We assess a surrender charge on partial and total surrenders of each premium payment taken within the first eight years after receipt, unless you meet the exceptions as described below. You pay this charge to compensate us for the losses we experience on contract distribution costs. We calculate the surrender charge separately for each premium payment. For purposes of calculating this charge, we assume that you withdraw premium payments on a first-in, first-out basis. We deduct the surrender charge proportionately from the Subaccounts (excluding the GIS Subaccount(s) if Guaranteed Income Advantage is elected at the time of application). However, if there are insufficient assets in the Subaccounts (excluding the GIS Subaccount(s) if Guaranteed Income Advantage is elected), we will deduct the charge from all assets in the Guarantee Account. Charges taken from the Guarantee Account will be taken first from assets that have been in the Guarantee Account for the longest period of time (and, if Guaranteed Income Advantage is elected, any remaining 42 withdrawals will then be deducted from the GIS Subaccount(s) from the segment that has been in effect for the shortest period of time). The surrender charge is as follows:

Number of Completed Surrender Charge Years Since We as a Percentage of Received the the Premium Payment Premium Payment Surrendered --------------------------------------- 0 8% 1 8% 2 7% 3 6% 4 5% 5 4% 6 3% 7 2% 8 or more 0% ---------------------------------------

Exceptions to the Surrender Charge We do not assess the surrender charge: . of amounts of Contract Value representing gain (as defined below) or Bonus Credits; . of free withdrawal amounts (as defined below); . on total or partial surrenders taken under Optional Payment Plan 1, Optional Payment Plan 2 (for a period of 5 or more years), or Optional Payment Plan 5; or . if a waiver of surrender charge provision applies. You may surrender any gain in your contract (including any Bonus Credits) free of any surrender charge. We calculate gain in the contract as: (a) plus (b) minus (c) minus (d), but not less than zero where: (a) is the Contract Value on the Valuation Day we receive your partial or total surrender request; (b) is the total of any partial surrenders previously taken, including surrender charges; (c) is the total of premium payments made; and (d) is the total of any gain previously surrendered. In addition to any gain, you may partially surrender an amount equal to the greater of 10% of your total premium payments or any amount surrendered to meet minimum distribution requirements under the Code each contract year without a surrender charge (the "free withdrawal amount"). If you are making a withdrawal from this contract to meet annual minimum distribution requirements under the Code, and the minimum distribution amount attributable to this contract for the calendar year ending at or before the last day of the contract year exceeds the free withdrawal amount, you may withdraw the difference free of surrender charges. We will deduct amounts surrendered first from any gain in the contract and then from premiums paid. The free withdrawal amount is not cumulative from contract year to contract year. (For tax purposes, a surrender is usually treated as a withdrawal of earnings first.) The free withdrawal amount will not apply to commutation value taken under Payment Optimizer Plus. Further, we will waive the surrender charge if you annuitize the contract under Optional Payment Plan 1 (Life Income with Period Certain), Optional Payment Plan 2 (Income for a Fixed Period) provided that you select a fixed period of 5 years or more, or Optional Payment Plan 5 (Joint Life and Survivor Income). See the "Optional Payment Plans" provision of this prospectus. In addition, we will waive the surrender charges if you take income payments from the GIS Subaccount(s) pursuant to the terms of Guaranteed Income Advantage or if you take income payments pursuant to the terms of Payment Optimizer Plus. We may also waive surrender charges for certain withdrawals made pursuant to Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008 or Lifetime Income Plus Solution. See the "Optional Payment Plans," "Surrenders and Partial Surrenders -- Guaranteed Minimum Withdrawal Benefit for Life Riders," "Income Payments -- Guaranteed Income Advantage" and "Income Payments -- Payment Optimizer Plus" provisions of this prospectus. We also will waive surrender charges arising from a surrender occurring before income payments begin if, at the time we receive the surrender request, we have received due proof that the Annuitant has a qualifying terminal illness, or has a qualifying confinement to a state licensed or legally operated hospital or inpatient nursing facility for a minimum period as set forth in the contract (provided the confinement began, or the illness was diagnosed, at least one year after the contract was issued). If you surrender the contract under the terminal illness waiver, please remember that we will pay your Contract Value, which could be less than the death benefit otherwise available. All Annuitants must be age 80 or younger on the Contract Date to be eligible for this waiver. The terms and conditions of the waivers are set forth in your contract. Deductions from the Separate Account We deduct from the Separate Account an amount, computed daily, at an annual rate of 1.55% of the daily net assets of the Separate Account. The charge consists of an administrative expense charge at an effective annual rate of 0.25% and a mortality and expense risk charge at an effective annual rate of 1.30%. These deductions from the Separate Account are reflected in your Contract Value. 43 Charges for the Living Benefit Rider Options Charge for Guaranteed Income Advantage We charge you for expenses related to Guaranteed Income Advantage, if you elect this rider at the time of application. This charge is deducted daily from the Separate Account currently at an annual rate of 0.50% of the daily net assets of the Separate Account. The deduction from the Separate Account is reflected in your Contract Value. You may elect to receive monthly income under this rider or you may elect to transfer the value in the GIS Subaccount(s) to another investment option under your contract and receive income payments. If you elect to transfer the value in the GIS Subaccount(s) to another investment option and receive income payments, the rider charge will end. Guaranteed Income Advantage may not be available in all states and markets. We reserve the right to discontinue offering Guaranteed Income Advantage at any time and for any reason. Charge for Lifetime Income Plus Solution You may purchase Lifetime Income Plus Solution with or without the Principal Protection Death Benefit. We assess a charge for the guaranteed minimum withdrawal benefit provided by the rider. The charge for the guaranteed minimum withdrawal benefit is calculated quarterly as a percentage of the benefit base, as defined and determined under the rider, and deducted quarterly from the Contract Value. On the Contract Date, the benefit base equals the initial premium payment. The benefit base will change and may be higher than the Contract Value on any given day. If you purchase Lifetime Income Plus Solution with the Principal Protection Death Benefit, then you will be assessed a charge for the Principal Protection Death Benefit that is in addition to the charge for the guaranteed minimum withdrawal benefit under the rider. The charge for the Principal Protection Death Benefit is calculated quarterly as a percentage of the value of the Principal Protection Death Benefit, as defined and determined under the rider, and deducted quarterly from the Contract Value. On the Contract Date, the value of the Principal Protection Death Benefit equals the initial premium payment. The charge for the Principal Protection Death Benefit is higher if any Annuitant is age 71 or older at the time of application. If you reset your benefits under the rider, we will reset the charges for the rider, which may be higher than your previous charges. For contracts issued with Lifetime Income Plus Solution on or after January 5, 2009 and that have reset their Maximum Anniversary Value on or after December 3, 2012, we currently assess the following charges for the rider, calculated and deducted as described above: Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 1.25% of benefit base --------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.20% of value of Principal Protection Death Benefit --------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.50% of value of Principal Protection Death Benefit --------------------------------------------------------------------- For contracts issued with Lifetime Income Plus Solution on or after January 5, 2009 and that have not reset their Maximum Anniversary Value on or after December 3, 2012, we currently assess the following charges for the rider, calculated and deducted as described above: Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 0.95% of benefit base --------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 0.95% of benefit base plus 0.20% of value of Principal Protection Death Benefit --------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 0.95% of benefit base plus 0.50% of value of Principal Protection Death Benefit --------------------------------------------------------------------- For contracts issued with Lifetime Income Plus Solution before January 5, 2009 and that have reset their Maximum Anniversary Value on or after December 3, 2012, we currently assess the following charges for the rider, calculated and deducted as described above: Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 1.25% of benefit base --------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.15% of value of Principal Protection Death Benefit --------------------------------------------------------------------- 44 Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.40% of value of Principal Protection Death Benefit --------------------------------------------------------------------- For contracts issued with Lifetime Income Plus Solution before January 5, 2009 and that have not reset their Maximum Anniversary Value on or after December 3, 2012, we currently assess the following charges for the rider, calculated and deducted as described above: Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 0.85% of benefit base --------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 0.85% of benefit base plus 0.15% of value of Principal Protection Death Benefit --------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 0.85% of benefit base plus 0.40% of value of Principal Protection Death Benefit --------------------------------------------------------------------- The charges for Lifetime Income Plus Solution without the Principal Protection Death Benefit will never exceed 2.00% of benefit base. The charges for Lifetime Income Plus Solution with the Principal Protection Death Benefit will never exceed 2.00% of benefit base plus 0.50% of the value of the Principal Protection Death Benefit. On the day the rider and/or the contract terminates, the charges for this rider will be calculated, pro rata, and deducted. Because this contract is no longer offered and sold, Lifetime Income Plus Solution and the Principal Protection Death Benefit are no longer available to purchase under the contract. Charge for Lifetime Income Plus 2008 You may purchase Lifetime Income Plus 2008 with or without the Principal Protection Death Benefit. We assess a charge for the guaranteed minimum withdrawal benefit provided by the rider. The charge for the guaranteed minimum withdrawal benefit is calculated quarterly as a percentage of the benefit base, as defined and determined under the rider, and deducted quarterly from the Contract Value. On the Contract Date, the benefit base equals the initial premium payment. The benefit base will change and may be higher than the Contract Value on any given day. If you purchase Lifetime Income Plus 2008 with the Principal Protection Death Benefit, then you will be assessed a charge for the Principal Protection Death Benefit that is in addition to the charge for the guaranteed minimum withdrawal benefit under the rider. The charge for the Principal Protection Death Benefit is calculated quarterly as a percentage of the value of the Principal Protection Death Benefit, as defined and determined under the rider, and deducted quarterly from the Contract Value. On the Contract Date, the value of the Principal Protection Death Benefit equals the initial premium payment. The charge for the Principal Protection Death Benefit is higher if any Annuitant is age 71 or older at the time of application. For contracts that have not reset their Withdrawal Base on or after December 3, 2012, we also apply different charges for the rider for a single Annuitant contract and a Joint Annuitant contract. Once a contract is a Joint Annuitant contract and the Joint Annuitant rider charge is applied, the Joint Annuitant rider charge will continue while the rider is in effect. If a spouse is added as Joint Annuitant after the contract is issued, new charges may apply. These new charges may be higher than the charges previously applicable to your contract. If you reset your benefits under the rider, we will reset the charges for the rider, which may be higher than your previous charges. We currently assess the following charges for the rider, calculated and deducted as described above, for those contracts that have reset their Withdrawal Base on or after December 3, 2012: Lifetime Income Plus 2008 without the Principal Protection Death Benefit Single or Joint Annuitant Contract 1.25% of benefit base -------------------------------------------------------------------------- Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.15% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.40% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- We currently assess the following charges for the rider, calculated and deducted as described above, for those contracts that have not reset their Withdrawal Base on or after December 3, 2012: Lifetime Income Plus 2008 without the Principal Protection Death Benefit Single or Joint Annuitant Contract 0.75% of benefit base -------------------------------------------------------------------------- Joint Annuitant Contract 0.85% of benefit base -------------------------------------------------------------------------- 45 Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 45-70 -------------------------------------------------------------------------- Single Annuitant Contract 0.75% of benefit base plus 0.15% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- Joint Annuitant Contract 0.85% of benefit base plus 0.15% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single Annuitant Contract 0.75% of benefit base plus 0.40% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- Joint Annuitant Contract 0.85% of benefit base plus 0.40% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- The charges for Lifetime Income Plus 2008 without the Principal Protection Death Benefit will never exceed 2.00% of benefit base. The charges for Lifetime Income Plus 2008 with the Principal Protection Death Benefit will never exceed 2.00% of benefit base plus 0.50% of the value of the Principal Protection Death Benefit. On the day the rider and/or the contract terminates, the charges for this rider will be calculated, pro rata, and deducted. Because this contract is no longer offered and sold, Lifetime Income Plus 2008 and the Principal Protection Death Benefit are no longer available to purchase under the contract. Charge for Lifetime Income Plus 2007 The charge for Lifetime Income Plus 2007 for those contracts that reset their Withdrawal Base on or after July 15, 2019 is equal to 1.25% of the daily net assets in the Separate Account for both single Annuitant and Joint Annuitant contracts. The charge for Lifetime Income Plus 2007 for those contracts that have not reset their Withdrawal Base on or after July 15, 2019 is equal to 0.75% of the daily net assets in the Separate Account for single Annuitant contracts and 0.85% of the daily net assets in the Separate Account for Joint Annuitant contracts. Once a contract is a Joint Annuitant contract, and the Joint Annuitant rider charge is applied, the Joint Annuitant rider charge will continue while the rider is in effect. The deduction for the rider charge from the Separate Account is reflected in your Contract Value. The charge for this rider continues even if you do not allocate assets in accordance with the prescribed Investment Strategy and the benefits you are eligible to receive are reduced. If you reset your benefit and allocate assets in accordance with the prescribed Investment Strategy available at that time, we will reset the charge for the rider, which may be higher than your previous charge, but will never exceed an annualized rate of 2.00% of your daily net assets in the Separate Account. As disclosed above, if you reset your benefit on or after July 15, 2019, the charge for the rider is 1.25% of your daily net assets in the Separate Account. Lifetime Income Plus 2007 is not available for contracts issued on or after September 8, 2008. Charge for Lifetime Income Plus We charge you for expenses related to Lifetime Income Plus, if you elect this rider at the time of application. The charge for Lifetime Income Plus for those contracts that reset their Withdrawal Base on or after July 15, 2019 is equal to 1.25% of the daily net assets in the Separate Account for both single Annuitant and Joint Annuitant contracts. The charge for Lifetime Income Plus for those contracts that have not reset their Withdrawal Base on or after July 15, 2019 is equal to 0.60% of the daily net assets in the Separate Account for single Annuitant contracts and 0.75% of the daily net assets in the Separate Account for Joint Annuitant contracts. For purposes of this rider, once a contract is a Joint Annuitant contract, and the higher rider charge is applied, the higher rider charge will continue while the rider is in effect, even if the contract becomes a single Annuitant contract. The rider charge for a Joint Annuitant contract is in addition to the Joint Annuitant charge that is applicable and charged on the contract. The deduction for the rider charge from the Separate Account is reflected in your Contract Value. The charge for this rider continues even if you do not allocate assets in accordance with the prescribed Investment Strategy and the benefits you are eligible to receive are reduced. If you reset your benefit and allocate assets in accordance with the prescribed Investment Strategy available at that time, we will reset the charge for the rider, which may be higher than your previous charge, but will never exceed an annualized rate of 2.00% of your daily net assets in the Separate Account. As disclosed above, if you reset your benefit on or after July 15, 2019, the charge for the rider is 1.25% of your daily net assets in the Separate Account. Lifetime Income Plus is not available for contracts issued on or after May 1, 2008. Charge for Payment Optimizer Plus We assess a charge for Payment Optimizer Plus currently equal to an annualized rate of 0.50% of the daily net assets of the Separate Account for single Annuitant contracts and 0.65% of the daily net assets of the Separate Account for Joint Annuitant contracts. For purposes of this rider, once a contract is a Joint 46 Annuitant contract, and the higher rider charge is applied, the higher rider charge will continue while the rider is in effect, even if the contract becomes a single Annuitant contract. The rider charge for a Joint Annuitant contract is in addition to the Joint Annuitant charge that is applicable and charged on the contract. The deduction for the rider charge from the Separate Account is reflected in your Contract Value and the value of your Annuity Units. The charge for this rider continues even if you do not allocate assets in accordance with the prescribed Investment Strategy and the benefits you are eligible to receive are reduced. If you reset your benefit and allocate assets in accordance with the prescribed Investment Strategy available at that time, we will reset the charge for the rider, which may be higher than your previous charge, but will never exceed an annual rate of 1.25%. If you purchase Payment Optimizer Plus, after the Annuity Commencement Date you may request to terminate your contract and the rider and (assuming the right to cancel period has ended) receive the commuted value of your income payments in a lump sum (the "commutation value"). In calculating the commutation value, we assess a commutation charge. The amount of the commutation charge will be the surrender charge that would otherwise apply under the contract, in accordance with the surrender charge schedule. Payment Optimizer Plus is not available for contracts issued after October 17, 2008 Charges for the Death Benefit Rider Options For contracts issued on or after the later of May 1, 2003, or the date on which state insurance authorities approve the applicable contract modifications, the following provisions apply: Charge for the Annual Step-Up Death Benefit Rider Option We charge you for expenses related to the Annual Step-Up Death Benefit Rider Option if you elect this option at the time of application. We deduct this charge against your assets in the Separate Account at each contract anniversary and at surrender to compensate us for the increased risks and expenses associated with providing this death benefit rider. We will allocate the charge for the Annual Step-Up Death Benefit Rider Option among the Subaccounts in the same proportion that your assets in each Subaccount bear to your total assets in the Separate Account at the time we take the charge. If your assets in the Separate Account are not sufficient to cover the charge, we will deduct the charge first from your assets in the Separate Account, if any, and then from your assets in the Guarantee Account (from the amounts that have been in the Guarantee Account for the longest period of time). At surrender, we will charge you a pro-rata portion of the annual charge. The charge for the Annual Step-Up Death Benefit Rider Option is an annual rate of 0.20% of your Contract Value at the time of the deduction. Charge for the 5% Rollup Death Benefit Rider Option We charge you for expenses related to the 5% Rollup Death Benefit Rider Option if you elect this option at the time of application. We deduct this charge against your assets in the Separate Account at each contract anniversary and at surrender to compensate us for the increased risks and expenses associated with providing this death benefit rider. We will allocate the charge for the 5% Rollup Death Benefit Rider Option among the Subaccounts in the same proportion that your assets in each Subaccount bear to your total assets in the Separate Account at the time we take the charge. If your assets in the Separate Account are not sufficient to cover the charge, we will deduct the charge first from your assets in the Separate Account, if any, and then from your assets in the Guarantee Account (from the amounts that have been in the Guarantee Account for the longest period of time). At surrender, we will charge you a pro-rata portion of the annual charge. The charge for the 5% Rollup Death Benefit Rider Option is an annual rate of 0.30% of your Contract Value at the time of the deduction. Charge for the Earnings Protector Death Benefit Rider Option We charge you for expenses related to the Earnings Protector Death Benefit Rider Option if you elect this option at the time of application. We deduct this charge against your assets in the Separate Account on each contract anniversary and at surrender to compensate us for the increased risks and expenses associated with providing this death benefit rider. We will allocate the charge for the Earnings Protector Death Benefit Rider Option among the Subaccounts in the same proportion that your assets in each Subaccount bear to your total assets in the Separate Account at the time we take the charge. If your assets in your Separate Account are not sufficient to cover the charge, we will deduct the charge first from your assets in the Separate Account, if any, and then from your assets in the Guarantee Account (from the amounts that have been in the Guarantee Account for the longest period of time). At surrender we will charge you a pro-rata portion of the annual charge. The charge for the Earnings Protector Death Benefit Rider Option is 0.30% of your Contract Value at the time of the deduction. 47 Charge for Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider Option We charge you for expenses related to the Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider Option if you elect this option at the time of application. We deduct this charge against your assets in the Separate Account on each contract anniversary and at surrender to compensate us for the increased risks and expenses associated with providing this death benefit rider. We will allocate the charge for the Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider option among the Subaccounts in the same proportion that your assets in each Subaccount bear to your total assets in the Separate Account at the time we take the charge. If your assets in the Separate Account are not sufficient to cover the charge, we will deduct the charge first from your assets in the Separate Account, if any, and then from your assets in the Guarantee Account (from the amounts that have been in the Guarantee Account for the longest period of time). At surrender, we will charge you a pro-rata portion of the annual charge. The charge for the Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider Option is an annual rate of 0.70% of your Contract Value at the time of the deduction. For contracts issued prior to May 1, 2003, or prior to the date on which state insurance authorities approve applicable contract modifications, the following provision applies: Charge for the Optional Guaranteed Minimum Death Benefit We charge you for expenses related to the Optional Guaranteed Minimum Death Benefit. We deduct this charge against the Contract Value at each contract anniversary and at the time you fully surrender the contract. This charge is assessed in order to compensate us for the increased risks and expenses associated with providing the Guaranteed Minimum Death Benefit. We will allocate the annual charge for the Optional Guaranteed Minimum Death Benefit among the Subaccounts in the same proportion that your assets in each Subaccount bear to your total assets in the Separate Account at the time we take the charge. If the assets in the Separate Account are not sufficient to cover the charge for the Optional Guaranteed Minimum Death Benefit, we will deduct the charge first from your assets in the Separate Account, if any, and then from your assets in the Guarantee Account (from the amounts that have been in the Guarantee Account for the longest period of time). At full surrender, we will charge you a pro-rata portion of the annual charge. We guarantee that this charge will never exceed an annual rate of 0.35% of your prior contract year's average benefit amount (we currently charge 0.25%). The rate that applies to your contract is fixed at issue. Charge for the Optional Enhanced Death Benefit We charge you for expenses related to the Optional Enhanced Death Benefit. At the beginning of each contract year after the first contract year, we deduct a charge against the average of: (1) the Contract Value at the beginning of the previous contract year; and (2) the Contract Value at the end of the previous contract year. At surrender, the charge is made against the average of: (1) the Contract Value at the beginning of the current contract year; and (2) the Contract Value at surrender. The charge at surrender will be a pro rata portion of the annual charge. We currently charge an annual rate of 0.20% of your average Contract Value as described above. However, we guarantee that this charge will never exceed an annual rate of 0.35% of your prior contract year's average Contract Value. The rate that applies to your contract will be fixed at issue. We will allocate the annual charge among the Subaccounts in the same proportion that your assets in each Subaccount bear to your total assets in all Subaccounts at the time we take the charge. If there are not sufficient assets in the Subaccounts to cover the charge, we will deduct the charge first from your assets in the Separate Account, if any, and then from your assets in the Guarantee Account. Deductions from the Guarantee Account will be taken first from the amounts (including any interest earned) that have been in the Guarantee Account for the longest period of time. The following provisions apply to all contracts: Other Charges Annual Contract Charge We will deduct an annual contract charge of $25 from your Contract Value to compensate us for certain administrative expenses incurred in connection with the contract. We will deduct the charge on each contract anniversary and at full surrender. We will waive this charge if your Contract Value at the time of deduction is $10,000 or more. 48 We will allocate the annual contract charge among the Subaccounts in the same proportion that your assets in each Subaccount bear to your total assets in the Separate Account at the time the charge is taken. If there are insufficient assets allocated to the Separate Account, we will deduct any remaining portion of the charge from the Guarantee Account proportionally from all assets in the Guarantee Account. Deductions for Premium Taxes We will deduct charges for any premium tax or other tax levied by any governmental entity from premium payments or Contract Value when the premium tax is incurred or when we pay proceeds under the contract (proceeds include surrenders, partial surrenders, income payments and death benefit payments). The applicable premium tax rates that states and other governmental entities impose on the purchase of an annuity are subject to change by legislation, by administrative interpretation, or by judicial action. These premium taxes generally depend upon the law of your state of residence. The tax generally ranges from 0.0% to 3.5%. Portfolio Charges Each Portfolio incurs certain fees and expenses. These include management fees and other expenses associated with the daily operation of each Portfolio, as well as Rule 12b-1 fees and/or service share fees, if applicable. To pay for these expenses, the Portfolio makes deductions from its assets. A Portfolio may also impose a redemption charge on Subaccount assets that are redeemed from the Portfolio. Portfolio expenses, including any redemption charges, are more fully described in the prospectus for each Portfolio. Portfolio expenses are the responsibility of the Portfolio or Fund. They are not fixed or specified under the terms of the contract and are not the responsibility of the Company. Transfer Charges We reserve the right to impose a charge of up to $10 per transfer. This charge represents the costs we incur for effecting any such transfer. We will not realize a profit from imposing this charge. THE CONTRACT The contract is an individual flexible deferred variable annuity contract. Your rights and benefits are described below and in the contract. There may be differences in your contract (such as differences in fees, charges, and benefits) because of requirements of the state where we issued your contract. We will include any such differences in your contract. This contract is no longer available for new sales, although additional premium payments may be made in accordance with the terms of the contract and as described in the "Premium Payments" provision. This contract may be used with certain tax qualified retirement plans. The contract includes attributes such as tax deferral on accumulated earnings. Qualified retirement plans provide their own tax deferral benefit; the purchase of this contract does not provide additional tax deferral benefits beyond those provided in the qualified retirement plan. Accordingly, if this contract is purchased as a Qualified Contract, you should consider purchasing the contract for its death benefit, income benefits, and other non-tax-related benefits. Please consult a tax adviser for information specific to your circumstances in order to determine whether this contract is an appropriate investment for you. Purchasing the contract through a tax-free "Section 1035" exchange. Section 1035 of the Code generally permits you to exchange one annuity contract for another in a "tax-free exchange." Therefore, you can use the proceeds from another annuity contract to make premium payments for this contract. Before making an exchange, you should carefully compare this contract to your current contract. You may have to pay a surrender charge under your current contract to exchange it for this contract, and this contract has its own surrender charges which would apply to you. The fees and charges under this contract may be higher (or lower), and the benefits may be different, than those of your current contract. In addition, you may have to pay federal income and penalty taxes on the exchange if it does not qualify for Section 1035 treatment. You should not exchange another contract for this contract unless you determine, after evaluating all of the facts, that the exchange is in your best interest. Please note that the person who sells you this contract generally will earn a commission on the sale. Ownership As owner, you have all rights under the contract, subject to the rights of any irrevocable beneficiary. Two persons may apply for a contract as joint owners. Joint owners have equal undivided interests in their contract. A joint owner may not be named for a Qualified Contract. That means that each may exercise any ownership rights on behalf of the other, except for ownership changes. Joint owners also have the right of survivorship. This means if a joint owner dies, his or her interest in the contract passes to the surviving owner. You must have our approval to add a joint owner after we issue the contract. We may require additional information if joint ownership is requested after the contract is issued. 49 Subject to certain restrictions imposed by electable rider options and as otherwise stated below, before the Maturity Date, you may change: . your Maturity Date to any date at least ten years after your last premium payment; . your Optional Payment Plan; . the allocation of your investments among the Subaccounts and/or the Guarantee Account (subject to certain restrictions listed in your contract and in the "Transfers" provision); and . the owner, joint owner, primary beneficiary, contingent beneficiary (unless the primary beneficiary or contingent beneficiary is named as an irrevocable beneficiary), and contingent Annuitant upon written notice to our Home Office, and provided the Annuitant is living at the time of the request. If you change a beneficiary, your plan selection will no longer be in effect unless you request that it continue. In addition, you may change any non-natural owner to another non-natural owner. Changing the owner or joint owner may have tax consequences and you should consult a tax adviser before doing so. We must receive your request for a change at our Home Office in a form satisfactory to us. The change will take effect as of the date you sign the request. The change will be subject to any payment made before we recorded the change. Please note that if you elect Guaranteed Income Advantage at the time of application, you may not change your scheduled income start date or your Optional Payment Plan. In addition, partial surrenders and/or transfers from the GIS Subaccount(s) will lower your guaranteed income floor and cause you to lose your right to continue to make scheduled transfers into the segment from which the partial surrender and/or transfer was made. If you elect Payment Optimizer Plus, Lifetime Income Plus or Lifetime Income Plus 2007 at the time of application, the benefits you receive under such rider may be reduced if your assets are not allocated in accordance with the Investment Strategy prescribed by your rider. Contract owners that own Lifetime Income Plus 2008 or Lifetime Income Plus Solution must always allocate assets in accordance with the Investment Strategy. You may not however, change the Optional Payment Plan once elected at the time of application. Assignment An owner of a Non-Qualified Contract may assign some or all of his or her rights under the contract with our consent. However, an assignment may terminate certain death benefits provided by rider option. An assignment must occur before the Maturity Date and while the Annuitant is still living. Once proper notice of the assignment is recorded by our Home Office, the assignment will become effective as of the date the written request was signed. Qualified Contracts, IRAs and Tax Sheltered Annuities may not be assigned, pledged or otherwise transferred except where allowed by law. If you elect Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders, our Home Office must approve any assignment, unless such assignment was made pursuant to a court order. Guaranteed Income Advantage will terminate upon assignment of the contract unless such assignment is a result of legal process. Upon termination of Guaranteed Income Advantage, all assets in the GIS Subaccount(s) will be transferred to the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund as of the Valuation Day the assignment is received. If the assignment is received on a non-Valuation Day, the assets will be transferred on the next Valuation Day. We are not responsible for the validity or tax consequences of any assignment. We are not liable for any payment or settlement made before the assignment is recorded. Assignments will not be recorded until our Home Office receives sufficient direction from the owner and the assignee regarding the proper allocation of contract rights. Amounts pledged or assigned will be treated as distributions and will be included in gross income to the extent that the Contract Value exceeds the investment in the contract for the taxable year in which it was pledged or assigned. Assignment of the entire Contract Value may cause the portion of the contract exceeding the total investment in the contract and previously taxed amounts to be included in gross income for federal income tax purposes each year that the assignment is in effect. Amounts assigned may be subject to an IRS tax penalty equal to 10% of the amount included in gross income. Premium Payments You may make premium payments at any frequency and in the amount you select, subject to certain limitations. You must obtain our approval before you make total premium payments for an Annuitant age 79 or younger that exceed $2,000,000 in the aggregate in any variable annuity contracts issued by the Company or any of its affiliates. If the Annuitant is age 80 or older at the time of payment, the total amount not subject to prior approval is $1,000,000 in the aggregate in any variable annuity contracts issued by the Company or any of its affiliates. 50 Premium payments may be made at any time prior to the Maturity Date, the surrender of the contract, or the death of the owner (or joint owner, if applicable), whichever comes first. The minimum initial premium payment is $10,000. We may accept a lower initial premium payment in the case of certain group sales. Each additional premium payment must be at least $1,000 for Non-Qualified Contracts ($200 if paid by electronic fund transfers), $50 for IRA Contracts, and $100 for other Qualified Contracts. We reserve the right to refuse to accept a premium payment for any lawful reason and in a manner that does not unfairly discriminate against similarly situated purchasers. If you have one or more guaranteed benefits and we exercise our right to discontinue the acceptance of, and/or place additional limitations on, contributions to the contract and/or contributions and/or transfers into the Subaccounts, you may no longer be able to fund your guaranteed benefit(s). This means that if you have already funded your guaranteed benefit(s) by allocating amounts according to the prescribed Investment Strategy for the rider(s), you may no longer be able to increase your Contract Value and the benefit base(s) associated with your guaranteed benefit(s) through contributions and transfers. (For more information about the potential impact of limitations on your ability to make subsequent premium payments, see "Important Note" under "Guaranteed Minimum Withdrawal Benefit for Life Riders" and "Payment Optimizer Plus.") Valuation Day and Valuation Period We will value Accumulation and Annuity Units once daily as of the close of regular trading (currently 4:00 p.m. Eastern Time) for each day the New York Stock Exchange is open except for days on which a Portfolio does not value its shares. If a Valuation Period contains more than one day, the unit values will be the same for each day in the Valuation Period. Allocation of Premium Payments We place premium payments into the Subaccounts, each of which invests in shares of a corresponding Portfolio, and/or the Guarantee Account, according to your instructions. You may allocate premium payments in the Subaccounts plus the Guarantee Account at any one time. The Guarantee Account may not be available in all states or in all markets. The percentage of premium payment which you can put into any one Subaccount or guarantee period must equal a whole percentage and cannot be less than $100. In addition, for contracts issued on or after the later of September 2, 2003, or the date on which state insurance authorities approve applicable contract modifications, we may limit the amount that may be allocated to the Guarantee Account. Currently, no more than 25% of your Contract Value, as determined at the time of allocation, may be allocated to the Guarantee Account. If you have elected Guaranteed Income Advantage, you may not allocate premium payments directly to the GIS Subaccount(s); allocations to the GIS Subaccount(s) must be made by scheduled transfers pursuant to pro rata scheduled transfers from all other Subaccounts in which you have assets. If you have elected the Payment Optimizer Plus, Lifetime Income Plus or Lifetime Income Plus 2007, you must allocate all premium payments in accordance with the Investment Strategy prescribed by the rider in order to obtain the full benefit of the rider. The benefits you receive under the rider may be reduced if your premium payments are not allocated in accordance with the Investment Strategy. Contract owners that own Lifetime Income Plus 2008 or Lifetime Income Plus Solution must always allocate assets in accordance with the Investment Strategy. See the "Surrenders and Partial Surrenders -- Guaranteed Minimum Withdrawal Benefit for Life Riders," "Income Payments -- Guaranteed Income Advantage" and "Income Payments -- Payment Optimizer Plus," provisions of the prospectus. Upon allocation to the appropriate Subaccounts, we convert premium payments into Accumulation Units. We determine the number of Accumulation Units credited by dividing the amount allocated to each Subaccount by the value of an Accumulation Unit for that Subaccount on the Valuation Day on which we receive any additional premium payment at our Home Office. The number of Accumulation Units determined in this way is not changed by any subsequent change in the value of an Accumulation Unit. However, the dollar value of an Accumulation Unit will vary depending not only upon how well the Portfolio's investments perform, but also upon the expenses of the Separate Account and the Portfolios. You may change the allocation of subsequent premium payments at any time, without charge, by sending us acceptable notice. The new allocation will apply to any new premium payments made after we receive notice of the change at our Home Office. Bonus Credits The Bonus Credit is an amount we add to each premium payment we receive. For contracts issued on or after the later of October 29, 2002 or the date on which state insurance authorities approve the applicable contract modifications, and if the Annuitant is age 80 or younger when the contract is issued, we will add 5% of each premium payment to your Contract Value. For contracts issued prior to October 29, 2002 or prior to the date on which state insurance authorities approve the applicable contract 51 modifications, and if the Annuitant is age 80 or younger when the contract is issued, we will add 4% of each premium payment to your Contract Value. If the Annuitant is age 81 or older at the time of issue, we will not pay any Bonus Credits. The Annuitant cannot be age 81 or older at the time of application, unless we approve an Annuitant of an older age. We fund the Bonus Credits from our General Account. We apply the Bonus Credits when we apply your premium payment to your Contract Value, and allocate the credits on a pro-rata basis to the investment options you select in the same ratio as the applicable premium payment. We do not consider Bonus Credits as "premium payments" for purposes of the contract. In addition, please note that any applicable Bonus Credit will not be included in the Withdrawal Base, Rider Death Benefit, Principal Protection Death Benefit or Roll-Up Value, if applicable, if you elected Lifetime Income Plus, Lifetime Income Plus 2007 or Lifetime Income Plus 2008; the Purchase Payment Benefit Amount, Roll-Up Value, Maximum Anniversary Value or Principal Protection Death Benefit if you elected Lifetime Income Plus Solution; or the benefit base if you elected the Payment Optimizer Plus. You will have to reset your benefit under the terms of the applicable rider to capture the Bonus Credit or any related earnings in the Withdrawal Base, Maximum Anniversary Value or benefit base. You should know that over time and under certain circumstances (such as an extended period of poor market performance), the costs associated with the Bonus Credit may exceed the sum of the Bonus Credit and any related earnings. You should consider this possibility before purchasing the contract. The Bonus Credit is referred to as an "enhanced premium amount" in your contract. Valuation of Accumulation Units Partial surrenders, surrenders and payment of a death benefit all result in the cancellation of an appropriate number of Accumulation Units. We cancel Accumulation Units as of the end of the Valuation Period on which we receive notice or instructions with regard to the surrender, partial surrender or payment of a death benefit. We value Accumulation Units for each Subaccount separately. The Accumulation Unit value at the end of every Valuation Day equals the Accumulation Unit value at the end of the preceding Valuation Day multiplied by the net investment factor (described below). We arbitrarily set the Accumulation Unit value at the inception of the Subaccount at $10. On any Valuation Day, we determine your Subaccount value by multiplying the number of Accumulation Units attributable to your contract by the Accumulation Unit value for that day. The net investment factor is an index used to measure the investment performance of a Subaccount from one Valuation Period to the next. The net investment factor for any Subaccount for any Valuation Period reflects the change in the net asset value per share of the Portfolio held in the Subaccount from one Valuation Period to the next, adjusted for the daily deduction of the administrative expense charges, mortality and expense risk charges, and any applicable optional rider charges (but not any optional death benefit rider charges) from assets in the Subaccount. The charges for Lifetime Income Plus 2008, Lifetime Income Plus Solution and the Death Benefit Rider Options, however, are deducted from your Contract Value. If any "ex-dividend" date occurs during the Valuation Period, we take into account the per share amount of any dividend or capital gain distribution so that the unit value is not impacted. Also, if we need to reserve money for taxes, we take into account a per share charge or credit for any taxes reserved for which we determine to have resulted from the operations of the Subaccount. The value of an Accumulation Unit may increase or decrease based on the net investment factor. Changes in the net investment factor may not be directly proportional to changes in the net asset value of the Portfolio because of the deduction of Separate Account charges. Though the number of Accumulation Units will not change as a result of investment experience, the value of an Accumulation Unit may increase or decrease from Valuation Period to Valuation Period. See the Statement of Additional Information for more details. TRANSFERS Transfers Before the Maturity Date All owners may transfer all or a portion of their assets between and among the Subaccounts of the Separate Account and the Guarantee Account (if available) on any Valuation Day prior to the Maturity Date, subject to certain conditions imposed by the contract and as stated below. Owners may not, however, transfer assets in the Guarantee Account from one interest rate guarantee period to another interest rate guarantee period. If you elect Guaranteed Income Advantage, once you make a transfer from a segment that corresponds to a GIS Subaccount, you may not make subsequent transfers to that segment corresponding to that GIS Subaccount. If you elect Payment Optimizer Plus, Lifetime Income Plus or Lifetime Income Plus 2007, the benefits you receive under such rider may be reduced if, after a transfer, your assets are not allocated in accordance with the prescribed Investment Strategy. Contract owners that own Lifetime Income Plus 2008 or Lifetime Income Plus Solution must always allocate assets in accordance with the Investment Strategy. We process transfers among the Subaccounts and between the Subaccounts and the Guarantee Account as of the end of the Valuation Period that we receive the transfer request in good order at our Home Office. There may be limitations placed on 52 multiple transfer requests made at different times during the same Valuation Period involving the same Subaccounts or the Guarantee Account. We may postpone transfers to, from, or among the Subaccounts and/or the Guarantee Account under certain circumstances. See the "Requesting Payments" provision of this prospectus. Transfers from the Guarantee Account to the Subaccounts We may limit and/or restrict transfers from the Guarantee Account to the Subaccounts. The Guarantee Account may not be available in all states or in all markets. For any allocation from the Guarantee Account to the Subaccounts, the limited amount will not be less than any accrued interest on that allocation plus 25% of the original amount of that allocation. Unless you are participating in a Dollar Cost Averaging program (see the "Dollar Cost Averaging Program" provision), you may make such transfers only during the 30 day period beginning with the end of the preceding interest rate guarantee period applicable to that particular allocation. We may also limit the amount that you may transfer to the Subaccount. Transfers from the Subaccounts to the Guarantee Account We may restrict certain transfers from the Subaccounts to the Guarantee Account. The Guarantee Account may not be available in all states or in all markets. For contracts issued on or after the later of September 2, 2003, or the date on which state insurance authorities approve applicable contract modifications, we may also limit the amount that may be allocated to the Guarantee Account. Currently, for such contracts, no more than 25% of your Contract Value, as determined at the time of allocation, may be allocated to the Guarantee Account. In addition, where permitted by state law, we will refuse new premium payments or transfers into the Guarantee Account when your assets in the Guarantee Account are equal to or greater than 25% of your Contract Value at the time of allocation. We generally exercise our right to limit or refuse allocations to the Guarantee Account when interest rate periods are low for prolonged periods of time. In addition, we reserve the right to prohibit or limit transfers from the Subaccounts to the Guarantee Account during the six month period following the transfer of any amount from the Guarantee Account to any Subaccount. Transfers Among the Subaccounts All owners may submit 12 Subaccount transfers each calendar year by voice response, Internet, telephone, facsimile, U.S. Mail or overnight delivery service. Once such 12 Subaccount transfers have been executed, a letter will be sent notifying owners that they may submit additional transfers only in writing by U.S. Mail or by overnight delivery service, and transfer requests sent by the Internet, same day mail, courier service, telephone or facsimile will not be accepted under any circumstances. Once we receive your mailed transfer request at our Home Office, such transfer cannot be cancelled. We also will not cancel transfer requests that have not yet been received, i.e., you may not call to cancel a transfer request sent by U.S. Mail or overnight delivery service. If you wish to change a transfer request sent by U.S. Mail or overnight delivery service, such change must also be sent in writing by U.S. Mail or by overnight delivery service. We will process that transfer request as of the Valuation Day the new transfer request is received at our Home Office. Currently, we do not charge for transfers. However, we reserve the right to assess a charge of up to $10 per transfer. The minimum transfer amount is $100 or the entire balance in the Subaccount or interest rate guarantee period if the transfer will leave a balance of less than $100. We also reserve the right to not honor your transfer request if your transfer is a result of more than one trade involving the same Subaccount within a 30 day period. We will generally invoke this right when either the Portfolio(s) or we see a pattern of frequent transfers between the same Portfolios within a short period of time (i.e., transfers among the same Subaccounts occur within five to 15 days of each other). In addition, we may not honor transfers made by third parties. See the "Transfer by Third Parties" provision of this prospectus. If a transfer request is not processed, a letter will be sent notifying you that your transfer request was not honored. If we do not honor a transfer request, we will not count that request as a transfer for purposes of the 12 transfers allowed each calendar year as described in the previous paragraphs. When thinking about a transfer of assets, you should consider the inherent risks involved. Frequent transfers based on short-term expectations may increase the risk that you will make a transfer at an inopportune time. Also, because certain restrictions on transfers are applied at the discretion of the Portfolios in which the Subaccount invests, it is possible that owners will be treated differently and there could be inequitable treatment among owners if a Portfolio does not apply equal treatment to all shareholders. See the "Special Note on Frequent Transfers" provision of this prospectus. These restrictions will apply to all owners and their designated third party(ies), unless such transfer is being made pursuant to: (1) a Dollar Cost Averaging program; (2) a Portfolio Rebalancing program; 53 (3) the terms of an approved Fund substitution or Fund liquidation; or (4) a Portfolio's refusal to allow the purchase of shares, either on behalf of an individual owner or on the entire Separate Account, in which case, the Portfolio's refusal to allow the purchase of shares will not be considered a transfer for calculation of the 12 transfers allowed per calendar year by voice response, Internet, telephone, facsimile, U.S. Mail or overnight delivery service. In addition, the restrictions and charges listed above do not apply to any: (1) scheduled transfers made to the GIS Subaccount(s) pursuant to the terms of Guaranteed Income Advantage; or (2) transfers made among the Subaccounts pursuant to automatic rebalancing of assets made under the terms of Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders. Sometimes, we will not honor transfer requests. We will not honor a transfer request if: (1) any Subaccount that would be affected by the transfer is unable to purchase or to redeem shares of the Portfolio in which the Subaccount invests; or (2) the transfer would adversely affect Unit Values. The affected Portfolio(s) determine whether items (1) or (2) above apply. We will treat all owners equally with respect to transfer requests. Telephone/Internet Transactions All owners may make their first 12 transfers in any calendar year among the Subaccounts or between the Subaccounts and the Guarantee Account by calling or electronically contacting us. Transactions that can be conducted over the telephone and Internet include, but are not necessarily limited to: (1) the first 12 transfers of assets among the Subaccounts or between the Subaccounts and the Guarantee Account in any calendar year (this includes any changes in premium payment allocations when such changes include a transfer of assets); (2) Dollar Cost Averaging; and (3) Portfolio Rebalancing. We will employ reasonable procedures to confirm that instructions we receive are genuine. Such procedures may include, but are not limited to: (1) requiring you or a third party you authorized to provide some form of personal identification before we act on the telephone and/or Internet instructions; (2) confirming the telephone/Internet transaction in writing to you or a third party you authorized; and/or (3) tape recording telephone instructions or retaining a record of your electronic request. We reserve the right to limit or prohibit telephone and Internet transactions. We will delay making a payment or processing a transfer request if: (1) the disposal or valuation of the Separate Account's assets is not reasonably practicable because the New York Stock Exchange is closed; (2) on nationally recognized holidays, trading is restricted by the New York Stock Exchange; (3) an emergency exists making the disposal or valuation of securities held in the Separate Account impracticable; or (4) the SEC by order permits postponement to protect our owners. Rules and regulations of the SEC will govern as to when the conditions described in (3) and (4) above exist. If we are closed on days when the New York Stock Exchange is open, Contract Value may be affected since owners will not have access to their account. Confirmation of Transactions We will not be liable for following instructions that we reasonably determine to be genuine. We will send you a confirmation of any transfer we process. Systematic transactions, such as those related to portfolio rebalancing or dollar cost averaging, generally will be reported in quarterly statements. You are responsible for verifying transfer confirmations and notifying us of any errors within 30 days of receiving the confirmation statement or, for systematic transactions not reported on a trade confirmation, the quarterly statement. Special Note on Reliability Please note that the Internet or our telephone system may not always be available. Any computer or telephone system, 54 whether it is ours, yours, your service provider's, or your registered representative's, can experience unscheduled outages or slowdowns for a variety of reasons. These outages or slowdowns may delay or prevent our processing your request. Although we have taken precautions to help our systems handle heavy use, we cannot promise complete reliability under all circumstances. If you are experiencing problems, you can make your transaction request by writing our Home Office. Transfers by Third Parties As a general rule and as a convenience to you, we allow you to give third parties the right to conduct transfers on your behalf. However, when the same third party possesses this ability on behalf of many owners, the result can be simultaneous transfers involving large amounts of assets. Such transfers can disrupt the orderly management of the Portfolios underlying the contract, can result in higher costs to owners, and are generally not compatible with the long-range goals of owners. We believe that such simultaneous transfers effected by such third parties are not in the best interests of all beneficial shareholders of the Portfolios underlying the contracts, and the management of the Portfolios share this position. We have instituted procedures to assure that the transfer requests that we receive have, in fact, been made by the owners in whose names they are submitted. Consequently, we may refuse transfers made by third parties on behalf of an owner in a number of circumstances, which include but are not limited to: (1) transfers made on behalf of many owners by one third party (or several third parties who belong to the same firm) where the transfer involves the same Subaccounts and large amounts of assets; (2) when we have not received adequate authorization from the owner allowing a third party to make transfers on his or her behalf; and (3) when we believe, under all facts and circumstances received, that the owner or his or her authorized agent is not making the transfer. We require documentation to provide sufficient proof that the third party making the trade is in fact duly authorized by the owner. This information includes, but is not limited to: (1) documentation signed by the owner or a court authorizing a third party to act on the owner's behalf; (2) passwords and encrypted information; (3) additional owner verification when appropriate; and (4) recorded conversations. We will not be held liable for refusing a transfer made by a third party when we have a reasonable basis for believing such third party is not authorized to make a transfer on the owner's behalf or we have a reasonable basis for believing the third party is acting in a fraudulent manner. Special Note on Frequent Transfers The Separate Account does not accommodate frequent transfers of Contract Value among Subaccounts. When owners or someone on their behalf submit requests to transfer all or a portion of their assets between Subaccounts, the requests result in the purchase and redemption of shares of the Portfolios in which the Subaccounts invest. Frequent Subaccount transfers, therefore, cause corresponding frequent purchases and redemptions of shares of the Portfolios. Frequent purchases and redemptions of shares of the Portfolios can dilute the value of a Portfolio's shares, disrupt the management of the Portfolio's investment portfolio, and increase brokerage and administrative costs. Accordingly, when an owner or someone on their behalf engages in frequent Subaccount transfers, other owners and persons with rights under the contracts (such as Annuitants and beneficiaries) may be harmed. The Separate Account discourages frequent transfers, purchases and redemptions. To discourage frequent Subaccount transfers, we adopted the policy described in the "Transfers Among the Subaccounts" section. This policy requires owners who request more than 12 Subaccount transfers in a calendar year to submit such requests in writing by U.S. Mail or by overnight delivery service (the "U.S. Mail requirement"). The U.S. Mail requirement creates a delay of at least one day between the time transfer decisions are made and the time such transfers are processed. This delay is intended to discourage frequent Subaccount transfers by limiting the effectiveness of abusive "market timing" strategies (in particular, "time-zone" arbitrage) that rely on "same-day" processing of transfer requests. In addition, we will not honor transfer requests if any Subaccount that would be affected by the transfer is unable to purchase or redeem shares of the Portfolio in which the Subaccount invests or if the transfer would adversely affect Accumulation Unit values. Whether these restrictions apply is determined by the affected Portfolio(s), and although we apply the restrictions uniformly when we receive information from the Portfolio(s), we cannot guarantee that the Portfolio(s) will apply their policies and procedures in a uniform basis. There can be no assurance that the U.S. Mail requirement will be effective in limiting frequent Subaccount transfers or that we can prevent all frequent Subaccount transfer activity that may adversely affect owners, other persons with material rights 55 under the contract, or Portfolio shareholders generally. For instance, imposing the U.S. Mail requirement after 12 Subaccount transfers may not be restrictive enough to deter an owner seeking to engage in abusing market timing strategies. We may revise our frequent Subaccount transfer policy and related procedures, at our sole discretion, at any time and without prior notice, as we deem necessary or appropriate to better detect and deter frequent transfer activity that may adversely affect owners, other persons with material rights under the Policies, or Portfolio shareholders generally, to comply with state or federal regulatory requirements, or to impose additional or alternative restrictions on owners engaging in frequent Subaccount transfers. For example, we may invoke our right to refuse transfers if the transfer involves the same Subaccount within a 30 day period and/or we may change our procedures to monitor for a different number of transfers within a specified time period or to impose a minimum time period between each transfer. There are inherent risks that changing our policies and procedures in the future may not be effective in limiting frequent Subaccount transfers. We will not implement any policy and procedure at the contract level that discriminates among owners, however, we may be compelled to adopt policies and procedures adopted by the Portfolios on behalf of the Portfolios and we will do so unless we cannot service such policies and procedures or we believe such policies and procedures contradict state or federal regulations or such policies and procedures contradict with the terms of your contract. As stated in the previous paragraph, each of the Portfolios in which the Subaccounts invest may have its own policies and procedures with respect to frequent purchases and redemption of Portfolio shares. The prospectuses for the Portfolios describe any such policies and procedures. For example, a Portfolio may assess redemption fees (which we reserve the right to collect) on shares held for a relatively short period of time. The frequent trading policies and procedures of a Portfolio may be different, and more or less restrictive, than the frequent trading policies and procedures of other Portfolios and the policies and procedures we have adopted to discourage frequent Subaccount transfers. Owners should be aware that we may not have the operational capability to monitor owners' Subaccount transfer requests and apply the frequent trading policies and procedures of the respective Portfolios that would be affected by the transfers. Accordingly, owners and other persons who have material rights under the contracts should assume that the sole protection they may have against potential harm from frequent Subaccount transfers is the protection, if any, provided by the policies and procedures we have adopted to discourage frequent Subaccount transfers. Under rules recently adopted by the SEC, we are required to enter into a written agreement with each Portfolio or its principal underwriter that will obligate us to provide promptly, upon request by the Portfolio, certain information to the Portfolio about the trading activity of individual contract owners. Under these circumstances, we may be required to provide your tax identification number or social security number to the Fund and/or its manager. We must then execute any instructions from the Portfolio to restrict or prohibit further purchases or transfers by a specific contract owner of Accumulation Units or Annuity Units of the Subaccount that invests in that Portfolio, where such contract owner has been identified by the Portfolio as having engaged in transactions (indirectly through such Subaccount) that violate policies established for that Portfolio for the purpose of eliminating or reducing any dilution of the value of the outstanding shares of the Portfolio. We will inform any contract owners whose future purchases and transfers of a Subaccount's units have been restricted or prohibited by a Portfolio. Owners and other persons with material rights under the contracts also should be aware that the purchase and redemption orders received by the Portfolios generally are "omnibus" orders from intermediaries such as broker-dealers, retirement plans or separate accounts funding variable insurance contracts. These omnibus orders reflect the aggregation and netting of multiple orders from individual retirement plan participants and/or individual owners of variable insurance contracts. The omnibus nature of these orders may limit the Portfolios' ability to apply their respective frequent trading policies and procedures. We cannot guarantee that the Portfolios will not be harmed by transfer activity relating to the retirement plans and/or other insurance companies that may invest in the Portfolios. In addition, if a Portfolio believes an omnibus order we submit may reflect one or more Subaccount transfer requests from owners engaged in frequent transfer activity, the Portfolio may reject a portion of or the entire omnibus order. If a Portfolio rejects part of an omnibus order it believes is attributable to transfers that exceed its market timing policies and procedures, it will return the amount to us and we will credit the amount to the contract owner as of the Valuation Day of our receipt of that amount. You may realize a loss if the unit value on the Valuation Day we credit the amount back to your account has increased since the original date of your transfer. We apply our policies and procedures without exception, waiver, or special arrangement. Dollar Cost Averaging Program The Dollar Cost Averaging program permits you to systematically transfer on a monthly or quarterly basis a set dollar amount from the Subaccount investing in the Goldman 56 Sachs Variable Insurance Trust -- Government Money Market Fund and/or the Guarantee Account (if available) to any combination of other available Subaccounts (as long as the total number of Subaccounts used does not exceed the maximum number allowed under the contract). The Dollar Cost Averaging method of investment is designed to reduce the risk of making purchases only when the price of units is high, but you should carefully consider your financial ability to continue the program over a long enough period of time to purchase Accumulation Units when their value is low as well as when it is high. Dollar Cost Averaging does not assure a profit or protect against a loss. You may participate in the Dollar Cost Averaging program by: (1) electing it on your application; or (2) contacting an authorized sales representative; or (3) contacting us at (800) 352-9910. To use the program, you must transfer at least $100 from the Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund and/or interest rate guarantee period with each transfer. The Dollar Cost Averaging program will begin 30 days after we receive all required forms with your instructions and any necessary premium payment unless we allow an earlier date. We will discontinue your participation in the Dollar Cost Averaging program: . on the business day we receive your request to discontinue the program in writing or by telephone (assuming we have your telephone authorization form on file); or . when the assets of the Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund and/or interest rate guarantee period from which transfers are being made are depleted. If you Dollar Cost Average from the Guarantee Account, we reserve the right to determine the amount of each automatic transfer. The Guarantee Account may not be available in all states or in all markets. We also reserve the right to transfer any remaining portion of an allocation used for Dollar Cost Averaging to a new guarantee period upon termination of the Dollar Cost Averaging program for that allocation. You may not transfer from one interest rate guarantee period to another interest rate guarantee period. We also reserve the right to credit a higher rate of interest on premium payments allocated to the Guarantee Account that participate in the Dollar Cost Averaging program. We refer to this higher rate of interest as Enhanced Dollar Cost Averaging. The Dollar Cost Averaging program and/or Enhanced Dollar Cost Averaging program may not be available in all states and in all markets or through all broker-dealers who sell the contracts. If you terminate the Dollar Cost Averaging program prior to the depletion of assets from the Guarantee Account, we have the right to credit the remaining assets in the Guarantee Account the current interest rate being credited to all other Guarantee Account assets not participating in the Enhanced Dollar Cost Averaging program as of that Valuation Day. In addition, for contracts issued on or after the later of September 2, 2003, or the date on which state insurance authorities approve applicable contract modifications, if you terminate your Dollar Cost Averaging program prior to the depletion of assets in the Guarantee Account, we may limit the amount that may be allocated to the Guarantee Account. If we exercise this right, we guarantee the amount limited will be the same as the amount limited for those contracts not participating in a Dollar Cost Averaging program as of the date you terminate your Dollar Cost Averaging program. There is no additional charge for Dollar Cost Averaging. A transfer under this program is not a transfer for purposes of assessing a transfer charge or calculating the maximum number of transfers we may allow in a calendar year via the Internet, telephone or facsimile. We may, from time to time, offer various Dollar Cost Averaging programs. We reserve the right to discontinue new Dollar Cost Averaging programs or to modify such programs at any time and for any reason. We also reserve the right to prohibit simultaneous participation in the Dollar Cost Averaging program and Systematic Withdrawal program. Dollar Cost Averaging is not available if you have elected Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders and you are allocating assets in accordance with the prescribed Investment Strategy. If you have elected Lifetime Income Plus 2008, Lifetime Income Plus Solution or Payment Optimizer Plus, you can, however, participate in the Defined Dollar Cost Averaging program, as described below. Owners considering participating in a Dollar Cost Averaging program should call (800) 352-9910 or an authorized sales representative to verify the availability of Dollar Cost Averaging. Defined Dollar Cost Averaging Program The Defined Dollar Cost Averaging program permits you to systematically transfer a fixed dollar amount on a monthly basis for twelve months from the Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund to an Asset Allocation Model or, if you 57 have elected Lifetime Income Plus 2008, Lifetime Income Plus Solution or Payment Optimizer Plus, from the Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund to one of the other available Investment Strategy options. The Dollar Cost Averaging method of investment is designed to reduce the risk of making purchases only when the price of units is high, but you should carefully consider your financial ability to continue the program over a long enough period of time to purchase Accumulation Units when their value is low as well as when it is high. Dollar Cost Averaging does not assure a profit or protect against a loss. You may participate in the Defined Dollar Cost Averaging program only if you elect it when you apply for the contract. To use the program, you must transfer at least $100 from the Subaccount (or Designated Subaccount) investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund. If elected at application, the Defined Dollar Cost Averaging program will begin 30 days after the Contract Date. You may accelerate the amount you transfer. You may also terminate the program at any time. We will discontinue your participation in the Defined Dollar Cost Averaging program at the first instance of one of the following events: (1) on the business day we receive your request to discontinue the program in writing or by telephone (assuming we have your telephone authorization form on file); (2) when the assets in the Subaccount (or Designated Subaccount) investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund are depleted; or (3) at the end of the twelfth month following the Contract Date. Upon termination of the program, any remaining assets in the Subaccount (or Designated Subaccount) investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund will be transferred to the specified Asset Allocation Model or Investment Strategy option. There is no additional charge to participate in the Defined Dollar Cost Averaging program. A transfer under this program is not a transfer for purposes of assessing a transfer charge or for calculating the maximum number of transfers we may allow in a calendar year. Any withdrawals taken from your contract while the Defined Dollar Cost Averaging program is in effect will be applied on a pro rata basis from all investments, including the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund. If you request a withdrawal from a specific Portfolio, however, we will terminate your Defined Dollar Cost Averaging program and treat the transfer as a transfer for purposes of assessing a transfer charge or for calculating the maximum number of transfers we may allow in a calendar year. We reserve the right to discontinue the Defined Dollar Cost Averaging program or to modify the program at any time and for any reason. Portfolio Rebalancing Program Once your premium payment has been allocated among the Subaccounts, the performance of each Subaccount may cause your allocation to shift. You may instruct us to automatically rebalance on a quarterly, semi-annual, or annual basis your assets among the Subaccounts to return to the percentages specified in your allocation instructions. Your percentage allocations must be in whole percentages. The program does not include allocations to the Guarantee Account. You may elect to participate in the Portfolio Rebalancing program at any time by submitting the completed Portfolio Rebalancing form to our Home Office. You may not participate in the Portfolio Rebalancing program if you have elected Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders and you are allocating assets in accordance with the prescribed Investment Strategy. Subsequent changes to your percentage allocations may be made at any time by written or telephone instructions to the Home Office. Once elected, Portfolio Rebalancing remains in effect from the date we receive your written request until you instruct us to discontinue Portfolio Rebalancing. There is no additional charge for using Portfolio Rebalancing, and we do not consider a Portfolio Rebalancing transfer a transfer for purposes of assessing a transfer charge or calculating the maximum number of transfers permitted in a calendar year via the Internet, telephone or facsimile. We reserve the right to discontinue or modify the Portfolio Rebalancing program at any time and for any reason. We also reserve the right to exclude specific Subaccounts from Portfolio Rebalancing. We will discontinue your participation in Portfolio Rebalancing if: . you elected Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders at the time of application; and . you reset your benefit by reallocating assets in accordance with a prescribed Investment Strategy following a period of allocating assets outside of the prescribed Investment Strategy. We will discontinue your participation as of the Valuation Day the reset occurs. Portfolio Rebalancing does not guarantee a profit or protect against a loss. 58 Guarantee Account Interest Sweep Program You may instruct us to transfer interest earned on your assets in the Guarantee Account (if available) to the Subaccounts to which you are allocating premium payments, in accordance with your allocation instructions in effect on the date of the transfer any time before the Maturity Date. You must specify the frequency of the transfers (either monthly, quarterly, semi-annually or annually). The minimum amount in the Guarantee Account required to elect this option is $1,000, but may be reduced at our discretion. The transfers under this program will take place on the last calendar day of each period. You may participate in the interest sweep program at the same time you participate in either the Dollar Cost Averaging program or the Portfolio Rebalancing program. If any interest sweep transfer is scheduled for the same day as a Portfolio Rebalancing transfer, we will process the interest sweep transfer first. We limit the amount you may transfer from the Guarantee Account to the Subaccounts for any particular allocation. See the "Transfers" provision of this prospectus. We will not process an interest sweep transfer if that transfer would exceed the amount permitted to be transferred. You may cancel your participation in the interest sweep program at any time by writing or calling our Home Office at the address or telephone number listed on page 1 of this prospectus. We will automatically cancel your participation in the program if your assets in the Guarantee Account are less than $1,000 or such lower amount as we may determine. There is no additional charge for the interest sweep program. We do not consider interest sweep transfers a transfer for purposes of assessing a transfer charge or for calculating the maximum number of transfers permitted in a calendar year. The interest sweep program does not assure a profit or protect against a loss. SURRENDERS AND PARTIAL SURRENDERS Surrenders and Partial Surrenders We will allow you to surrender your contract or to partially surrender a portion of your Contract Value at any time before the Maturity Date upon your written request, subject to the conditions discussed below. We will not permit a partial surrender that is less than $100 or a partial surrender which would reduce your Contract Value to less than $1,000. If your partial surrender request would reduce your Contract Value to less than $1,000, we will surrender your contract in full. Different limits and other restrictions may apply to Qualified Contracts. The amount payable on surrender of the contract is the Surrender Value at the end of the Valuation Period during which we receive the request. The Surrender Value equals: (1) the Contract Value (after deduction of any charge for the optional rider(s) and the annual contract charge, if applicable) on the Valuation Day we receive a request for surrender; less (2) any applicable surrender charge; less (3) any applicable premium tax. We may pay the Surrender Value in a lump sum or under one of the Optional Payment Plans specified in the contract, based on your instructions. If you are taking a partial surrender, you may indicate in writing, electronically, or by calling our Home Office, from which Subaccounts or interest rate guarantee periods we are to take your partial surrender. If you do not so specify, we will deduct the amount of the partial surrender first from the Subaccounts (excluding the GIS Subaccount(s) if Guaranteed Income Advantage is elected at the time of application) on a pro rata basis in proportion to your assets allocated to the Separate Account. If you elect the Payment Optimizer Plus or one of the Guaranteed Minimum Withdrawal Benefit for Life Riders and take a partial surrender, we will rebalance Contract Value to the Subaccounts in accordance with the allocation of Contract Value in effect prior to the partial surrender, unless you instruct us otherwise. If, after a partial surrender and such instructions, your Contract Value is not allocated in accordance with the prescribed Investment Strategy, the benefit you receive under the rider may be reduced. Contract owners that own Lifetime Income Plus 2008 or Lifetime Income Plus Solution must always allocate assets in accordance with the Investment Strategy. We will deduct any remaining amount from the Guarantee Account. We will take deductions from the Guarantee Account from the amounts (including any interest credited to such amounts) which have been in the Guarantee Account for the longest period of time. If Guaranteed Income Advantage is elected at the time of application, partial surrenders will then be deducted from the GIS Subaccount(s) from the segment that has been in effect for the shortest period of time. A Portfolio may impose a redemption charge. The charge is retained by or paid to the Portfolio. The charge is not retained by or paid to us. The redemption charge may affect the number and/or value of Accumulation Units withdrawn from the Subaccount that invests in that Portfolio and may affect Contract Value. When taking a partial surrender, any applicable 59 surrender charges and/or applicable premium tax will be taken from the amount surrendered, unless otherwise requested. We will delay making a payment if: (1) the disposal or valuation of the Separate Account's assets is not reasonably practicable because the New York Stock Exchange is closed; (2) on nationally recognized holidays, trading is restricted by the New York Stock Exchange; (3) an emergency exists making the disposal or valuation of securities held in the Separate Account impracticable; or (4) the SEC by order permits postponement of payment to protect our owners. Rules and regulations of the SEC will govern as to when the conditions described in (3) and (4) above exist. If we are closed on days when the New York Stock Exchange is open, Contract Value may be affected since owners will not have access to their account. For contracts issued on or after the later of September 2, 2003, or the date on which state insurance authorities approve applicable contract modifications, partial surrenders from the Subaccounts may further reduce or restrict the amount that may be allocated to the Guarantee Account (see the "Guarantee Account" provision of this prospectus). Please remember that partial surrenders (including partial withdrawals taken pursuant to the terms of Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008 or Lifetime Income Plus Solution) will reduce your death benefit by the proportion that the partial surrender (including any applicable surrender charge and applicable premium tax) reduces your Contract Value. See the "Death of Owner and/or Annuitant" provision of this prospectus. Partial surrenders and surrenders may also be subject to income tax and, if taken prior to age 59 1/2, an additional 10% penalty tax. See the "Tax Matters" provision of this prospectus. Restrictions on Distributions from Certain Contracts Under Code Section 403(b) tax sheltered annuities, distributions of (1) salary reduction contributions made in years beginning after December 31, 1988; (2) earnings on those contributions; and (3) earnings on amounts held as of the last year beginning before January 1, 1989, are not allowed prior to age 59 1/2, severance from employment, death or disability. Salary reduction contributions may also be distributed upon hardship, but would generally be subject to penalties. For contracts issued after 2008, amounts attributable to nonelective contributions may be subject to distribution restrictions specified in the employer's Section 403(b) plan. If your contract was issued pursuant to a 403(b) plan, we generally are required to confirm, with your 403(b) plan sponsor or otherwise, that surrenders or transfers you request comply with applicable tax requirements and to decline requests that are not in compliance. We will defer such payments you request until all information required under the tax law has been received. By requesting a surrender or transfer, you consent to the sharing of confidential information about you, the contract, and transactions under the contract and any other 403(b) contracts or accounts you have under the 403(b) plan among us, your employer or plan sponsor, any plan administrator or recordkeeper, and other product providers. Section 830.105 of the Texas Government Code permits participants in the Texas Optional Retirement Program to surrender their interest in a variable annuity contract issued under the Texas Optional Retirement Program only upon: (1) termination of employment in the Texas public institutions of higher education; (2) retirement; (3) death; or (4) the participant's attainment of age 70 1/2. If your contract is issued to a Texas Optional Retirement Program, you must furnish us proof that one of these four events has occurred before we distribute any amounts from your contract. Systematic Withdrawal Program The Systematic Withdrawal program allows you to take Systematic Withdrawals of a specified amount (in equal installments of at least $100) on a monthly, quarterly, semi-annual or annual basis. Your payments can begin at any time after 30 days from the date your contract is issued (unless we allow an earlier date). To participate in the program, your Contract Value initially must be at least $10,000 and you must submit a completed Systematic Withdrawal form to our Home Office. You can obtain the form from an authorized sales representative or our Home Office. Your Systematic Withdrawals in a contract year may not exceed the amount which is not subject to a surrender charge. See the "Surrender Charge" provision of this prospectus. We will deduct the Systematic Withdrawal amounts first from any gain in the contract and then from premiums paid. You may provide specific instructions as to which Subaccounts (excluding the GIS Subaccount(s) if Guaranteed Income Advantage is elected 60 at the time of application) and/or interest rate guarantee periods from which we are to take Systematic Withdrawals. If you have not provided specific instructions, or if your specific instructions cannot be carried out, we will process the withdrawals by cancelling Accumulation Units on a pro-rata basis from all of the Subaccounts (excluding the GIS Subaccount(s) of Guaranteed Income Advantage is elected at the time of application) in which you have an interest. To the extent that your assets in the Separate Account are not sufficient to accomplish this withdrawal, we will take the remaining amount of the withdrawal from any assets you have in the Guarantee Account. We will take deductions from the Guarantee Account from the amounts (including any interest credited to such amounts) that have been in the Guarantee Account for the longest period of time. If Guaranteed Income Advantage is elected at the time of application, any remaining amounts will be taken from the GIS Subaccount(s) from the segment that has been in effect for the shortest period of time. After your Systematic Withdrawals begin, you may change the frequency and/or amount of your payments, subject to the following: . you may request only one such change in a calendar quarter; and . if you did not elect the maximum amount you could withdraw under this program at the time you elected the current series of Systematic Withdrawals, then you may increase the remaining payments up to the maximum amount. A Systematic Withdrawal program will terminate automatically when a Systematic Withdrawal would cause the remaining Contract Value to be less than $1,000. If a Systematic Withdrawal would cause the Contract Value to be less than $1,000, then we will not process that Systematic Withdrawal transaction. If any of your Systematic Withdrawals would be or become less than $100, we reserve the right to reduce the frequency of payments to an interval that would result in each payment being at least $100. You may discontinue Systematic Withdrawals at any time by notifying us in writing at our Home Office or by telephone. You may request that we pay any remaining payments in a lump sum. See the "Requesting Payments" provision of this prospectus. Each Systematic Withdrawal is subject to Federal income taxes on any portion considered gain for tax purposes. In addition, you may be assessed a 10% IRS penalty tax on Systematic Withdrawals if you are under age 59 1/2 at the time of the withdrawal. Both partial surrenders at your specific request and partial surrenders under a Systematic Withdrawal program will count toward the limit of the free amount that you may surrender in any contract year under the free withdrawal privilege. See the "Surrender Charge" provision of this prospectus. Partial surrenders under a Systematic Withdrawal program may also reduce your death benefit. See the "Death of Owner and/or Annuitant" provision of this prospectus. Your Systematic Withdrawal amount could be affected if you take an additional partial surrender. For contracts issued on or after September 2, 2003, or the date on which state insurance authorities approve applicable contract modifications, taking Systematic Withdrawals from the Subaccounts may further reduce or restrict the amount that may be allocated to the Guarantee Account. See the "Guarantee Account" provision of this prospectus. If you elect Lifetime Income Plus, Lifetime Income Plus 2007 or Lifetime Income Plus 2008, surrenders and partial surrenders under a Systematic Withdrawal program may reduce the amount of the guaranteed minimum withdrawal benefit you are eligible to receive under the terms of the rider. See the "Guaranteed Minimum Withdrawal Benefit for Life Riders" provision below. There is no charge for participation in the Systematic Withdrawal program, however, we reserve the right to prohibit participation in Systematic Withdrawal and Dollar Cost Averaging programs at the same time. We also reserve the right to discontinue and/or modify the Systematic Withdrawal program upon 30 days written notice to owners. Guaranteed Minimum Withdrawal Benefit for Life Riders We designed the Guaranteed Minimum Withdrawal Benefit for Life Riders to protect you from outliving your Contract Value by providing for a guaranteed minimum withdrawal benefit that is not affected by the market performance of the Subaccounts in which your assets are allocated. Prior to the Maturity Date, if you meet the conditions of the respective rider, as discussed more fully below, you will be eligible to make these guaranteed withdrawals for the life of your contract. These Guaranteed Minimum Withdrawal Benefit for Life Riders are discussed in separate sections below. Because this contract is no longer offered and sold, none of the Guaranteed Minimum Withdrawal Benefit Rider Options are available to purchase under the contract. Lifetime Income Plus Solution Lifetime Income Plus Solution provides guaranteed withdrawals for the life of the Annuitant(s), with upside 61 potential, provided you meet certain conditions. First, you must allocate all premium payments and Contract Value to the prescribed Investment Strategy. You must also limit total Gross Withdrawals in each Benefit Year to an amount no greater than the Withdrawal Limit. Then, you will be eligible to receive total Gross Withdrawals in each Benefit Year equal to the Withdrawal Limit until the last death of an Annuitant. You may purchase Lifetime Income Plus Solution with or without the Principal Protection Death Benefit. The Principal Protection Death Benefit is a feature available only with Lifetime Income Plus Solution. It cannot be elected separately from Lifetime Income Plus Solution. We assess a charge for the guaranteed minimum withdrawal benefit provided by the rider. If you purchase Lifetime Income Plus Solution with the Principal Protection Death Benefit, a charge will be assessed for the Principal Protection Death Benefit that is in addition to the charge for the guaranteed minimum withdrawal benefit under the rider. The guaranteed minimum withdrawal benefit provided under the rider may be reduced or lost based on the withdrawals you take from the contract. For example, your guaranteed minimum withdrawal benefit will be reduced if you take excess withdrawals in a Benefit Year. See the "Impact of Withdrawals" provision below. You will also lose the guaranteed minimum withdrawal benefit if you annuitize or surrender the contract or if you elect to terminate the rider on any contract anniversary on or after the fifth contract anniversary. In addition, you will no longer receive lifetime payments of your guaranteed minimum withdrawal benefit if (i)(a) after a withdrawal, your Contract Value is less than the amount required to keep your contract in effect or (b) your Contract Value is reduced to $100 and (ii) your Withdrawal Limit is less than $100. Instead, you could receive, at least, a lump sum equal to the present value of future lifetime payments in the amount of the Withdrawal Limit. The Principal Protection Death Benefit provided under the rider, if elected, will be reduced and may be lost based on withdrawals you take from the contract. You will also lose the Principal Protection Death Benefit if you annuitize or surrender the contract or if you elect to terminate the rider. Because this contract is no longer offered and sold, Lifetime Income Plus Solution and the Principal Protection Death Benefit are no longer available to purchase under the contract. References to Lifetime Income Plus Solution include a rider issued with or without the Principal Protection Death Benefit, as applicable, unless stated otherwise. Effective May 1, 2014, you may request to terminate this rider (without terminating the contract) on any business day. Investment Strategy for Lifetime Income Plus Solution. In order to receive the full benefit provided by Lifetime Income Plus Solution, you must invest all premium payments and allocations in accordance with a prescribed Investment Strategy. Investment Strategies may change from time to time. You may allocate your assets in accordance with your Investment Strategy prescribed at the time the contract was issued, or in accordance with the Investment Strategy in effect at the time you reset your benefit. Therefore, you may have assets allocated to an Investment Strategy that is different than the Investment Strategy described in this prospectus. Your ability to choose different Investment Strategies is limited, as described below. The Investment Strategy includes Designated Subaccounts and five of the Asset Allocation Models (Asset Allocation Models A, B, C and D and the Build Your Own Asset Allocation Model). Under this Investment Strategy, contract owners may allocate assets to either one of the four available Asset Allocation Models or to one or more Designated Subaccounts or to the Build Your Own Asset Allocation Model. Contract owners, however, may elect to participate in the Defined Dollar Cost Averaging program, which permits the owner to systematically transfer a fixed dollar amount on a monthly basis for twelve months from the Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund to one of the available Investment Strategy options. The Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund is only available as part of the Defined Dollar Cost Averaging program. For more information about the Defined Dollar Cost Averaging program, the Asset Allocation Models and the Subaccounts comprising each of the Asset Allocation Models and the Designated Subaccounts, please see the "Defined Dollar Cost Averaging Program," "Subaccounts" and "Asset Allocation Program" provisions of this prospectus. On a monthly basis, we will rebalance your Contract Value to the Subaccounts in accordance with the percentages that you have chosen to invest in the Designated Subaccounts or the Build Your Own Asset Allocation Model or in accordance with the allocations that comprise the applicable Asset Allocation Model. In addition, we will also rebalance your Contract Value on any Valuation Day after any transaction involving a withdrawal, receipt of a premium payment or a transfer of Contract Value, unless you instruct us otherwise. If you are participating in the Defined Dollar Cost Averaging program, rebalancing will not affect the assets allocated to the Designated Subaccount investing in the Goldman Sachs Variable Insurance 62 Trust -- Government Money Market Fund. Your allocation instructions must always comply with the Investment Strategy. Shares of a Portfolio may become unavailable under the contract for new premium payments, transfers and asset rebalancing. As a result, shares of a Portfolio may also become unavailable under your Investment Strategy. Investment Strategies may be modified to respond to such events by removing unavailable Portfolios and adding new Portfolios as appropriate. Because such changes may affect your allocation instructions, you will need to provide updated allocation instructions to comply with the modified Investment Strategy. If you do not provide updated allocation instructions, any subsequent premium payments or transfers requesting payment to an unavailable Portfolio will be considered not in good order. Assets will remain invested as allocated at the time the Portfolio became unavailable, except in a situation where the affected Portfolio is removed. In that case, the assets that were invested in the removed Portfolio will be invested in a new Portfolio consistent with SEC precedent (appropriate no-action relief, substitution order, etc.), unless you are invested in the Build Your Own Asset Allocation Model. If you are invested in the Build Your Own Asset Allocation Model, all of the assets you have invested in the Build Your Own Asset Allocation Model will be moved from the Model to Asset Allocation Model C. Your assets will remain in Asset Allocation Model C, and any subsequent premium payments or transfer requests will be applied accordingly. You will need to provide us with updated allocation instructions if you want to invest in the Build Your Own Asset Allocation Model or another available Investment Strategy option. Periodic rebalancing to unavailable Portfolios will cease until we receive updated allocation instructions that comply with the modified Investment Strategy. The current Investment Strategy for Lifetime Income Plus Solution is as follows: (1) owners may allocate assets to the following Designated Subaccounts: AB Variable Products Series Fund, Inc. -- AB Balanced Wealth Strategy Portfolio -- Class B; AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares (formerly, Oppenheimer Variable Account Funds -- Oppenheimer Conservative Balanced Fund/VA -- Service Shares); AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -- Invesco V.I. Equity and Income Fund -- Series II shares; BlackRock Variable Series Funds, Inc. -- BlackRock Global Allocation V.I. Fund -- Class III Shares; Fidelity Variable Insurance Products Fund -- VIP Balanced Portfolio -- Service Class 2; Janus Aspen Series -- Janus Henderson Balanced Portfolio -- Service Shares; MFS(R) Variable Insurance Trust -- MFS(R) Total Return Series -- Service Class Shares; and/or State Street Variable Insurance Series Funds, Inc. -- Total Return V.I.S. Fund -- Class 3 Shares; OR (2) owners may allocate assets to Asset Allocation Model A, B, C or D; OR (3) owners may allocate assets to the Build Your Own Asset Allocation Model. Contract owners may elect to participate in the Defined Dollar Cost Averaging program when they apply for the contract. Defined Dollar Cost Averaging permits the owner to systematically transfer a fixed dollar amount on a monthly basis for twelve months from the Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund to one of the available Investment Strategy options. The Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund is only available as part of the Defined Dollar Cost Averaging program. Withdrawal Limit. The Withdrawal Limit is calculated on each Valuation Day. The Withdrawal Limit is the benefit base multiplied by the Withdrawal Factor. The Withdrawal Factor percentages will be provided in your contract. The Withdrawal Factor is based on the age of the younger Annuitant. The Withdrawal Factor will be fixed on the earlier of the Valuation Day of the first withdrawal and the Valuation Day when the Contract Value is reduced to $100. Benefit Base. The benefit base is an amount used to establish the Withdrawal Limit. The benefit base on the Contract Date is equal to the initial premium payment. On each Valuation Day, the benefit base is the greatest of the Purchase Payment Benefit Amount, the Roll-Up Value and the Maximum Anniversary Value. The benefit base may change as a result of a premium payment, withdrawal, or reset as described below. Premium Payments. Any premium payment applied to your contract will adjust your Purchase Payment Benefit Amount and Principal Protection Death Benefit (if applicable), and may adjust your Roll-Up Value as described in the "Roll-Up Value" 63 provision below. Please note that Bonus Credits are not considered "premium payments" for purposes of the contract and this rider. Therefore any applicable Bonus Credits will not be included as a premium payment when calculating the Purchase Payment Benefit Amount, Roll-Up Value, Maximum Anniversary Value or Principal Protection Death Benefit. You will have to reset your Maximum Anniversary Value to capture the Bonus Credit or any related earnings, since the Bonus Credit and any related earnings will be reflected in the Contract Value. You must allocate all premium payments and Contract Value to the Investment Strategy at all times. We reserve the right to not adjust the Purchase Payment Benefit Amount, Principal Protection Death Benefit (if applicable), and/or the Roll-Up Value for any subsequent premium payments. Please see the "Important Note" provision below. Purchase Payment Benefit Amount. The Purchase Payment Benefit Amount will equal your premium payments unless adjusted as described in this provision. If no withdrawals are taken prior to the later of the tenth anniversary of the Contract Date and the date the older Annuitant turns age 65, your Purchase Payment Benefit Amount will equal the sum of (a) plus (b), where: (a) is 200% of premium payments made in the first contract year; and (b) is premium payments received after the first contract year. On any Valuation Day you make a Gross Withdrawal, if that Gross Withdrawal plus all prior Gross Withdrawals within that Benefit Year is in excess of the Withdrawal Limit, your Purchase Payments Benefit Amount will be reduced on a pro-rata basis by the excess amount as described in the "Impact of Withdrawals" provision below. Roll-Up Value. Your Roll-Up Value on the Contract Date is equal to the amount of your initial premium payment. We will increase your Roll-Up Value on each day. The new Roll-Up Value is equal to the sum of (a) and (b), multiplied by (c), where: (a) is the Roll-Up Value on the prior day; (b) is any premium payment(s) made on the prior Valuation Day; and (c) is the daily roll-up factor, as shown in your contract. On each contract anniversary, if the Maximum Anniversary Value is greater than the current Roll-Up Value, the Roll-Up Value will be increased to the Maximum Anniversary Value. If this day is not a Valuation Day, this adjustment will occur on the next Valuation Day. The Roll-Up Value will continue to increase until the date of the first withdrawal or the later of the tenth anniversary of the Contract Date and the date the older Annuitant turns age 65. The Roll-Up Value will not increase after this date. On any Valuation Day you make a Gross Withdrawal, if that Gross Withdrawal plus all prior Gross Withdrawals within that Benefit Year is in excess of the Withdrawal Limit, your Roll-Up Value will be reduced on a pro-rata basis by the excess amount as described in the "Impact of Withdrawals" provision below. The Roll-Up Value will not increase after this date. Maximum Anniversary Value and Reset. The Maximum Anniversary Value on the Contract Date is equal to the initial premium payment. On each contract anniversary, if the Contract Value is greater than the current Maximum Anniversary Value, the Maximum Anniversary Value will be increased to the Contract Value. If this day is not a Valuation Day, this reset will occur on the next Valuation Day. On any Valuation Day you make a Gross Withdrawal, if that Gross Withdrawal plus all prior Gross Withdrawals within that Benefit Year is in excess of the Withdrawal Limit, your Maximum Anniversary Value will be reduced on a pro-rata basis by the excess amount as described in the "Impact of Withdrawals" provision below. On the Valuation Day we reset your Maximum Anniversary Value, we will reset the Investment Strategy to the current Investment Strategy and reset the charges for this rider. Effective on and after December 3, 2012, the charge for Lifetime Income Plus Solution increased, on an annual basis, to 1.25% upon reset of the Maximum Anniversary Value. The rider charge increase applies to both single and joint annuitant contracts regardless of the date the contract was issued. If you are potentially impacted, you will receive written notice in advance of your contract anniversary informing you of your options as well as a discussion of certain circumstances in which a reset would not be in your best interest. If your rider is scheduled to automatically reset, you will have the opportunity to opt-out of the automatic reset and resulting rider charge increase. If you have to request a manual reset, you will have the opportunity to reset and, if you reset, incur the higher rider charge. We reserve the right to discontinue sending written notice of the potential impact of a reset after we send you the first notice. As noted, if there is an automatic reset, your Maximum Anniversary Value will be increased to your Contract Value. However, the Maximum Anniversary Value is just one element used to determine your Benefit Base which is in turn used to calculate your Withdrawal Limit. The Benefit Base is the 64 greatest of the Maximum Anniversary Value, Purchase Payment Benefit Amount and the Roll-Up Value. If your Maximum Anniversary Value resets but your Roll-Up Value or Purchase Payment Benefit Amount is higher than your Maximum Anniversary Value on the date of reset, the Roll-Up Value or Purchase Payment Benefit Amount will be used to determine your Benefit Base, but you will be assessed a rider charge of 1.25% because of the reset of the Maximum Anniversary Value. In this circumstance, if your rider fee was less than 1.25% before the reset, you will pay a higher rider fee for a benefit that you would have received even without the reset. For Lifetime Income Plus Solution without the Principal Protection Death Benefit, the new charges, which may be higher than your previous charges, will never exceed 2.00% of the benefit base. For Lifetime Income Plus Solution with the Principal Protection Death Benefit, the new charges, which may be higher than your previous charges, will never exceed 2.00% of the benefit base plus 0.50% of the value of the Principal Protection Death Benefit. Resets will occur automatically unless such automatic resets are or have been terminated. Any change to the charges or to the required Investment Strategy for this rider will be communicated to you in writing prior to the contract anniversary date. Upon reset, these changes will apply. The reset provision is not available on or after the latest permitted Maturity Date. Automatic resets will continue until and unless: (a) the owner (or owners) submits a written request to our Home Office to terminate automatic resets (such a request must be received at least 15 days prior to the contract anniversary date); (b) the Investment Strategy changes, allocations are affected, and we do not receive confirmation of new allocations from you at our Home Office; (c) income payments begin via annuitization; or (d) ownership of the contract changes. If automatic resets have terminated, you may later reinstate automatic resets for any future contract anniversary by submitting a written request to do so; provided you are following the Investment Strategy and income payments have not begun. Please note that an automatic reset will occur on a contract anniversary if Contract Value is even nominally higher than the Maximum Anniversary Value (e.g., as little as $1.00 or even $0.01 higher) and, therefore, an automatic reset may not be in your best interest because: (i) the charges for this rider may be higher than your previous charges and (ii) the Investment Strategy will be reset to the current Investment Strategy (the Investment Strategy offered on the reset date). Please carefully consider the impact of automatic resets when you elect Lifetime Income Plus Solution and while the rider is in effect. As indicated above, you may terminate the automatic reset feature of the rider at any time by submitting a written request to us at our Home Office at least 15 days prior to the contract anniversary date. Important Note. We reserve the right to not adjust the Purchase Payment Benefit Amount, Principal Protection Death Benefit (if applicable), and/or Roll-Up Value for any subsequent premium payments received. As a result, it is possible that you would not be able to make subsequent premium payments after the initial premium payment to take advantage of the benefits provided by Lifetime Income Plus Solution that would be associated with such additional premium payments. Before making premium payments that do not increase the Purchase Payment Benefit Amount, Principal Protection Death Benefit (if applicable) or Roll-Up Value, you should consider that: (i) the guaranteed amounts provided by the Purchase Payment Benefit Amount, Principal Protection Death Benefit (if applicable) and Roll-Up Value will not include such premium payments or Bonus Credits; and (ii) this rider may not make sense for you if you intend to make subsequent premium payments that will not increase the Purchase Payment Benefit Amount, Principal Protection Death Benefit (if applicable) and Roll-Up Value. Impact of Withdrawals. If a Gross Withdrawal plus all prior Gross Withdrawals within a Benefit Year is in excess of the Withdrawal Limit, your Purchase Payment Benefit Amount, Principal Protection Death Benefit (if applicable), Roll-Up Value, and Maximum Anniversary Value will be recalculated to reflect a pro-rata reduction for each dollar that is in excess of your Withdrawal Limit. Your new Purchase Payment Benefit Amount, Principal Protection Death Benefit (if applicable), Roll-Up Value and Maximum Anniversary Value after such a withdrawal will be calculated by multiplying each of (a) by (b), divided by (c), where: (a) is the Purchase Payment Benefit Amount, Principal Protection Death Benefit (if applicable), Roll-Up Value and Maximum Anniversary Value before the Gross Withdrawal; (b) is the Contract Value after the Gross Withdrawal; and (c) is the Contract Value before the Gross Withdrawal reduced by any remaining Withdrawal Limit. For purposes of (c) above, "any remaining Withdrawal Limit" is the Gross Withdrawal that could have been taken without exceeding the Withdrawal Limit. 65 When requesting an excess withdrawal, we will attempt to contact you or your representative to confirm that you understand the implications of the excess withdrawal and would like to proceed with the request. If the total Gross Withdrawals in a Benefit Year are less than or equal to the Withdrawal Limit, we will waive any surrender charge on the Gross Withdrawal. The Withdrawal Limit will be increased for any Benefit Year to the extent necessary to meet any minimum distribution requirements based on life expectancy under federal tax law. This increase applies only to the required minimum distribution based on the Contract Value for the calendar year ending within the Benefit Year. You should carefully manage withdrawals because excess withdrawals will have adverse consequences on the benefits provided under Lifetime Income Plus Solution, particularly in down markets. Over the period of time during which you take withdrawals, there is the risk that you may need funds in excess of the Withdrawal Limit and, if you do not have other sources of income available, you may need to take (excess) withdrawals that will reduce your Purchase Payment Benefit Amount, Principal Protection Death Benefit (if applicable), Maximum Anniversary Value and Roll-Up Value (and, consequently, your Withdrawal Limit). You also should carefully consider when to begin taking withdrawals if you elected Lifetime Income Plus Solution. The longer you wait before beginning to take withdrawals, the higher the Withdrawal Factor will be, which is one of the components used to determine the amount of your Withdrawal Limit. If you delay taking withdrawals too long, however, you may limit the number of years available for you to take withdrawals in the future (due to life expectancy) and you may be paying for a benefit you are not using. Your Contract Value after taking a withdrawal may be less than the amount required to keep your contract in effect. In this event, or if your Contract Value is reduced to $100, the following will occur: . If the Withdrawal Limit is less than $100, we will pay you the greatest of the following: (a) the Contract Value; (b) a lump sum equal to the present value of future lifetime payments in the amount of the Withdrawal Limit calculated using the 2000 Annuity Mortality Table and an interest rate of 3%; and (c) the Principal Protection Death Benefit (if applicable). . If the Withdrawal Limit is greater than or equal to $100, we will begin income payments. We will make payments of a fixed amount for the life of the Annuitant or, if there are Joint Annuitants, the last surviving Annuitant. The fixed amount payable annually will equal the most recently calculated Withdrawal Limit. We will make payments monthly or on another periodic basis agreed by us. If the monthly amount is less than $100, we will reduce the frequency so that the payment will be at least $100. The Principal Protection Death Benefit (if applicable) will continue under this provision. The Principal Protection Death Benefit will be reduced by each payment. The Principal Protection Death Benefit, if any, will be payable on the death of the last surviving Annuitant. Principal Protection Death Benefit. You may purchase Lifetime Income Plus Solution with the Principal Protection Death Benefit. The Principal Protection Death Benefit is a feature available only with Lifetime Income Plus Solution. It cannot be elected separately from Lifetime Income Plus Solution. The Principal Protection Death Benefit is used to determine the death benefit, if any, payable under the contract and rider as described in the "Death Provisions" section below. The Principal Protection Death Benefit on the Contract Date is equal to the initial premium payment. Premium payments in a Benefit Year increase the Principal Protection Death Benefit. The Principal Protection Death Benefit, if any, will be payable on the death of the last surviving Annuitant. Gross Withdrawals in a Benefit Year decrease the Principal Protection Death Benefit. If a Gross Withdrawal plus all prior Gross Withdrawals within a Benefit Year is less than or equal to the Withdrawal Limit, the Principal Protection Death Benefit will be reduced by the Gross Withdrawal. If a Gross Withdrawal plus all prior Gross Withdrawals within a Benefit Year is in excess of the Withdrawal Limit, your Principal Protection Death Benefit will be reduced on a pro-rata basis for each dollar that is in excess of your Withdrawal Limit, as described in the "Impact of Withdrawals" provision above. At the death of the last surviving Annuitant, a death benefit may be payable under this contract and rider. The amount of any death benefit payable will be the greatest of (a), (b) and (c), where: (a) is the death benefit as calculated under the base contract; 66 (b) is the Principal Protection Death Benefit (if applicable); and (c) is any amount payable by any other optional death benefit rider (if applicable). Death Provisions. At the death of any Annuitant, a death benefit may be payable under the contract. The death benefit payable, if any, will be paid according to the distribution rules under the contract. If the designated beneficiary is a surviving spouse who is not an Annuitant, whose age is 45 through 85, and who elects to continue the contract as the new owner, this rider will continue. The Purchase Payment Benefit Amount, Principal Protection Death Benefit (if applicable), Roll-Up Value and Maximum Anniversary Value for the new owner will be the death benefit determined as of the first Valuation Day we receive at our Home Office due proof of death and all required forms. The Withdrawal Factor for the new owner will be based on the age of that owner on the date of the first Gross Withdrawal for that owner. If the designated beneficiary is a surviving spouse who is an Annuitant and who elects to continue the contract as the owner, this rider will continue. The Purchase Payment Benefit Amount, Principal Protection Death Benefit (if applicable), Roll-Up Value and Maximum Anniversary Value will be the same as it was under the contract for the deceased owner. If no withdrawals were taken prior to the first Valuation Day we receive due proof of death and all required forms at our Home Office, the Withdrawal Factor for the surviving spouse will be established based on the age of the surviving spouse on the date of the first Gross Withdrawal for the surviving spouse. Otherwise, the Withdrawal Factor will continue as it was under the contract for the deceased owner. If the surviving spouse cannot continue the rider, the rider and the rider charges will terminate. The charges for this rider will be calculated, pro rata, and deducted. Proceeds that were transferred to the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund upon the death of the owner will be reallocated to the Investment Strategy and the asset percentages then in effect at the time of the death of the owner. Such reallocations will not be counted as a transfer for the purpose of the number of transfers allowed under the contract in a calendar year. Considerations. While the rider is designed to provide life-time withdrawal benefits, these benefits are only guaranteed to the extent you comply with the limits, conditions and restrictions set forth in the contract. Rider Charge. We assess a charge for the guaranteed minimum withdrawal benefit provided by the rider. The charge for the guaranteed minimum withdrawal benefit is calculated quarterly as a percentage of the benefit base, as defined and determined under the rider, and deducted quarterly from the Contract Value. Please note that, if your benefit base increases, the amount deducted from your Contract Value will increase. If you purchase Lifetime Income Plus Solution with the Principal Protection Death Benefit, a charge will be assessed for the Principal Protection Death Benefit that is in addition to the charge for the guaranteed minimum withdrawal benefit under the rider. The charge for the Principal Protection Death Benefit is calculated quarterly as a percentage of the value of the Principal Protection Death Benefit, as defined and determined under the rider, and deducted quarterly from the Contract Value. Please note that, if the value of the Principal Protection Death Benefit increases through additional premium payments, the amount deducted from your Contract Value will increase. The charge for the Principal Protection Death Benefit is higher if any annuitant is age 71 or older at the time of application. If you reset your benefits under the rider, we will reset the charges for the rider, which may be higher than your previous charges. For contracts issued with Lifetime Income Plus Solution on or after January 5, 2009 and that have reset their Maximum Anniversary Value on or after December 3, 2012, we currently assess the following charges for the rider, calculated and deducted as described above: Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 1.25% of benefit base --------------------------------------------------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.20% of value of Principal Protection Death Benefit --------------------------------------------------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.50% of value of Principal Protection Death Benefit --------------------------------------------------------------------------------------------------------------- For contracts issued with Lifetime Income Plus Solution on or after January 5, 2009 and that have not reset their Maximum Anniversary Value on or after December 3, 2012, we currently assess the following charges for the rider, calculated and deducted as described above: Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 0.95% of benefit base ----------------------------------------------------------------------------- 67 Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 0.95% of benefit base plus 0.20% of value of Principal Protection Death Benefit --------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 0.95% of benefit base plus 0.50% of value of Principal Protection Death Benefit --------------------------------------------------------------------- For contracts issued with Lifetime Income Plus Solution before January 5, 2009 and that have reset their Maximum Anniversary Value on or after December 3, 2012, we currently assess the following charges for the rider, calculated and deducted as described above: Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 1.25% of benefit base --------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.15% of value of Principal Protection Death Benefit --------------------------------------------------------------------- Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.40% of value of Principal Protection Death Benefit --------------------------------------------------------------------- For contracts issued with Lifetime Income Plus Solution before January 5, 2009 and that have not reset their Maximum Anniversary Value on or after December 3, 2012, we currently assess the following charges for the rider, calculated and deducted as described above: Lifetime Income Plus Solution without the Principal Protection Death Benefit Single or Joint Annuitant Contract 0.85% of benefit base ------------------------------------------------------------------------------ Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 0.85% of benefit base plus 0.15% of value of Principal Protection Death Benefit ------------------------------------------------------------------------------ Lifetime Income Plus Solution with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 0.85% of benefit base plus 0.40% of value of Principal Protection Death Benefit ------------------------------------------------------------------------------ The charges for Lifetime Income Plus Solution without the Principal Protection Death Benefit will never exceed 2.00% of benefit base. The charges for Lifetime Income Plus Solution with the Principal Protection Death Benefit will never exceed 2.00% of benefit base plus 0.50% of the value of the Principal Protection Death Benefit. On the day the rider and/or the contract terminates, the charges for this rider will be calculated, pro rata, and deducted. Please note that you will begin paying the rider charge (including the applicable charge associated with the Principal Protection Death Benefit if you have elected that option) as of the date the rider takes effect, even if you do not begin taking withdrawals under the rider for many years, or ever. We will not refund the charges you have paid under the rider if you never choose to take withdrawals and/or if you never receive any payments under the rider; nor will we refund charges if the Principal Protection Death Benefit feature under a contract does not pay out. When the Rider is Effective If available, Lifetime Income Plus Solution and the Principal Protection Death Benefit must be elected at application. The rider will remain in effect while the contract is in force and before the Maturity Date. Effective May 1, 2014, you may request to terminate this rider (without terminating the contract) on any business day. The rider will terminate on the first day of the next quarter as measured from the contract anniversary (i.e., not a calendar quarter). Rider charges will continue from the date of the request to terminate until the date of termination. On the day the rider and/or the contract terminates, the charges for this rider will be calculated, pro rata, and deducted. We are waiving the provision in the rider that limits the ability to terminate the rider to any contract anniversary on or after the fifth contract anniversary. Otherwise this rider and the corresponding charges will terminate on the Maturity Date. Please note that, upon termination of this rider, you will lose all of the benefits for which you are eligible under the rider, including any guaranteed minimum withdrawal benefits provided by the rider. At any time before the Maturity Date, you can elect to annuitize under current annuity rates in lieu of continuing Lifetime Income Plus Solution. This may provide a higher income amount and/or more favorable tax treatment than payments made under this rider. Change of Ownership We must approve any assignment or sale of this contract unless the assignment is a court ordered assignment. 68 General Provisions For purposes of this rider: . A non-natural entity owner must name an Annuitant and may name the Annuitant's spouse as a Joint Annuitant. . An individual owner must also be an Annuitant and may name his or her spouse as a Joint Annuitant at issue. . A joint owner must be the owner's spouse. . If you marry after issue, you may add your spouse as a joint owner and Joint Annuitant or as a Joint Annuitant only, subject to our approval. . Under federal tax law, all contract provisions relating to spousal continuation are available only to a person who meets the definition of "spouse" under federal law. The U.S. Supreme Court has held that same-sex marriages must be permitted under state law and that marriages recognized under state law will be recognized for federal law purposes. Domestic partnerships and civil unions that are not recognized as legal marriages under state law, however, will not be treated as marriages under federal law. Consult a tax adviser for more information on this subject. Civil union partners are not permitted to continue the contract without taking required distributions upon the death of an owner. Therefore, even if named a joint owner/Joint Annuitant, a civil union partner will have to take required distributions upon the death of the other joint owner/Joint Annuitant. See the "Distribution Rules" provision of this prospectus. If this situation applies to you, you should consult a tax adviser. 69 Examples The following examples show how Lifetime Income Plus Solution works based on hypothetical values. The examples are for illustrative purposes only and are not intended to depict investment performance of the contract and, therefore, should not be relied upon in making a decision to invest in the rider or contract. The examples assume current rider charges for all periods shown. If an owner resets the benefits under the rider, we reset the charges for the rider, which may be higher than the previous charges. Higher rider charges would produce lower values in the examples. This example assumes: (1) the owner, who is also the Annuitant, purchases the contract with $100,000 and elects Lifetime Income Plus Solution without the Principal Protection Death Benefit; (2) the owner makes no additional premium payments; (3) the owner is age 55 at issue, waits until after reaching age 65 before taking a withdrawal, and has a Withdrawal Factor of 5.5%; (4) the Roll-Up Value increases until age 65 and the Purchase Payment Benefit Amount after the owner turns age 65 equals $200,000 (200% of premium payments made in the first contract year); (5) the contract earns a net return of -2% before rider charges are deducted; and (6) the owner dies upon reaching age 90.

Purchase Contract Value - Payment Maximum Withdrawals End of Year - Benefit Anniversary Roll-Up Death Age - Contract Value - Taken - After Rider Amount - Value - Value - Benefit Base - Benefit - End of Year Beginning of Year End of Year Charges End of Year End of Year End of Year End of Year End of Year ------------------------------------------------------------------------------------------------------------------------- 55 $105,000 $ 0 $101,613 $100,000 $100,000 $106,000 $106,000 $101,613 56 101,613 0 98,217 100,000 101,613 112,360 112,360 100,000 57 98,217 0 94,806 100,000 101,613 119,102 119,102 100,000 58 94,806 0 91,378 100,000 101,613 126,248 126,248 100,000 59 91,378 0 87,925 100,000 101,613 133,823 133,823 100,000 60 87,925 0 84,445 100,000 101,613 141,852 141,852 100,000 61 84,445 0 80,930 100,000 101,613 150,363 150,363 100,000 62 80,930 0 77,377 100,000 101,613 159,385 159,385 100,000 63 77,377 0 73,778 100,000 101,613 168,948 168,948 100,000 64 73,778 0 70,128 100,000 101,613 179,085 179,085 100,000 65 70,128 11,000 55,389 200,000 101,613 189,830 200,000 83,431 66 55,389 11,000 40,800 200,000 101,613 189,830 200,000 65,714 67 40,800 11,000 26,503 200,000 101,613 189,830 200,000 46,440 68 26,503 11,000 12,492 200,000 101,613 189,830 200,000 24,695 69 12,492 11,000 0 200,000 101,613 189,830 200,000 0 70 0 11,000 0 200,000 101,613 189,830 200,000 0 71 0 11,000 0 200,000 101,613 189,830 200,000 0 72 0 11,000 0 200,000 101,613 189,830 200,000 0 73 0 11,000 0 200,000 101,613 189,830 200,000 0 74 0 11,000 0 200,000 101,613 189,830 200,000 0 75 0 11,000 0 200,000 101,613 189,830 200,000 0 76 0 11,000 0 200,000 101,613 189,830 200,000 0 77 0 11,000 0 200,000 101,613 189,830 200,000 0 78 0 11,000 0 200,000 101,613 189,830 200,000 0 79 0 11,000 0 200,000 101,613 189,830 200,000 0 80 0 11,000 0 200,000 101,613 189,830 200,000 0 81 0 11,000 0 200,000 101,613 189,830 200,000 0 82 0 11,000 0 200,000 101,613 189,830 200,000 0 83 0 11,000 0 200,000 101,613 189,830 200,000 0 84 0 11,000 0 200,000 101,613 189,830 200,000 0 85 0 11,000 0 200,000 101,613 189,830 200,000 0 86 0 11,000 0 200,000 101,613 189,830 200,000 0 87 0 11,000 0 200,000 101,613 189,830 200,000 0 88 0 11,000 0 200,000 101,613 189,830 200,000 0 89 0 11,000 0 200,000 101,613 189,830 200,000 0 90 0 11,000 0 200,000 101,613 189,830 200,000 0 -------------------------------------------------------------------------------------------------------------------------

70 This example assumes: (1) the owner, who is also the Annuitant, purchases the contract with $100,000 and elects Lifetime Income Plus Solution with the Principal Protection Death Benefit; (2) the owner makes no additional premium payments; (3) the owner is age 55 at issue, waits until after reaching age 65 before taking a withdrawal, and has a Withdrawal Factor of 5.5%; (4) the Roll-Up Value increases until age 65 and the Purchase Payment Benefit Amount after the owner turns age 65 equals $200,000 (200% of premium payments made in the first contract year); (5) the contract earns a net return of -2% before rider charges are deducted; and (6) the owner dies upon reaching age 90.

Purchase Contract Value - Payment Maximum Withdrawals End of Year - Benefit Anniversary Roll-Up Death Age - Contract Value - Taken - After Rider Amount - Value - Value - Benefit Base - Benefit - End of Year Beginning of Year End of Year Charges End of Year End of Year End of Year End of Year End of Year ------------------------------------------------------------------------------------------------------------------------- 55 $105,000 $ 0 $101,415 $100,000 $100,000 $106,000 $106,000 $101,415 56 101,415 0 97,824 100,000 101,415 112,360 112,360 100,000 57 97,824 0 94,223 100,000 101,415 119,102 119,102 100,000 58 94,223 0 90,607 100,000 101,415 126,248 126,248 100,000 59 90,607 0 86,972 100,000 101,415 133,823 133,823 100,000 60 86,972 0 83,312 100,000 101,415 141,852 141,852 100,000 61 83,312 0 79,622 100,000 101,415 150,363 150,363 100,000 62 79,622 0 75,896 100,000 101,415 159,385 159,385 100,000 63 75,896 0 72,128 100,000 101,415 168,948 168,948 100,000 64 72,128 0 68,313 100,000 101,415 179,085 179,085 100,000 65 68,313 11,000 53,412 200,000 101,415 189,830 200,000 89,000 66 53,412 11,000 38,686 200,000 101,415 189,830 200,000 78,000 67 38,686 11,000 24,276 200,000 101,415 189,830 200,000 67,000 68 24,276 11,000 10,176 200,000 101,415 189,830 200,000 56,000 69 10,176 11,000 0 200,000 101,415 189,830 200,000 45,000 70 0 11,000 0 200,000 101,415 189,830 200,000 34,000 71 0 11,000 0 200,000 101,415 189,830 200,000 23,000 72 0 11,000 0 200,000 101,415 189,830 200,000 12,000 73 0 11,000 0 200,000 101,415 189,830 200,000 1,000 74 0 11,000 0 200,000 101,415 189,830 200,000 0 75 0 11,000 0 200,000 101,415 189,830 200,000 0 76 0 11,000 0 200,000 101,415 189,830 200,000 0 77 0 11,000 0 200,000 101,415 189,830 200,000 0 78 0 11,000 0 200,000 101,415 189,830 200,000 0 79 0 11,000 0 200,000 101,415 189,830 200,000 0 80 0 11,000 0 200,000 101,415 189,830 200,000 0 81 0 11,000 0 200,000 101,415 189,830 200,000 0 82 0 11,000 0 200,000 101,415 189,830 200,000 0 83 0 11,000 0 200,000 101,415 189,830 200,000 0 84 0 11,000 0 200,000 101,415 189,830 200,000 0 85 0 11,000 0 200,000 101,415 189,830 200,000 0 86 0 11,000 0 200,000 101,415 189,830 200,000 0 87 0 11,000 0 200,000 101,415 189,830 200,000 0 88 0 11,000 0 200,000 101,415 189,830 200,000 0 89 0 11,000 0 200,000 101,415 189,830 200,000 0 90 0 11,000 0 200,000 101,415 189,830 200,000 0 -------------------------------------------------------------------------------------------------------------------------

71 This example assumes: (1) the owner, who is also the Annuitant, purchases the contract with $100,000 and elects Lifetime Income Plus Solution without the Principal Protection Death Benefit; (2) the owner makes no additional premium payments; (3) the owner is age 52 at issue, waits until after reaching age 65 before taking a withdrawal, and has a Withdrawal Factor of 5.5%; (4) the Roll-Up Value increases until age 65 and the Purchase Payment Benefit Amount after the owner turns age 65 equals $200,000 (200% of premium payments made in the first contract year); (5) at age 70, the owner takes an excess withdrawal of $10,000; (6) the contract earns a net return of 8% before rider charges are deducted; and (7) the owner dies upon reaching age 90.

Purchase Contract Value - Payment Maximum Withdrawals End of Year - Benefit Anniversary Roll-Up Death Age - Contract Value - Taken - After Rider Amount - Value - Value - Benefit Base - Benefit - End of Year Beginning of Year End of Year Charges End of Year End of Year End of Year End of Year End of Year ------------------------------------------------------------------------------------------------------------------------- 52 $105,000 $ 0 $112,066 $100,000 $100,000 $106,000 $106,000 $112,066 53 112,066 0 119,536 100,000 112,066 118,790 118,790 119,536 54 119,536 0 127,503 100,000 119,536 126,708 126,708 127,503 55 127,503 0 136,002 100,000 127,503 135,154 135,154 136,002 56 136,002 0 145,068 100,000 136,002 144,163 144,163 145,068 57 145,068 0 154,738 100,000 145,068 153,772 153,772 154,738 58 154,738 0 165,052 100,000 154,738 164,022 164,022 165,052 59 165,052 0 176,054 100,000 165,052 174,955 174,955 176,054 60 176,054 0 187,789 100,000 176,054 186,617 186,617 187,789 61 187,789 0 200,306 100,000 187,789 199,056 199,056 200,306 62 200,306 0 213,658 100,000 200,306 212,324 212,324 213,658 63 213,658 0 227,900 100,000 213,658 226,477 226,477 227,900 64 227,900 0 243,091 100,000 227,900 241,574 241,574 243,091 65 243,091 14,172 245,122 200,000 243,091 257,676 257,676 245,122 66 245,122 14,172 247,244 200,000 245,122 257,676 257,676 247,244 67 247,244 14,172 249,535 200,000 247,244 257,676 257,676 249,535 68 249,535 14,172 252,009 200,000 249,535 257,676 257,676 252,009 69 252,009 14,172 254,682 200,000 252,009 257,676 257,676 254,682 70 254,682 24,172 247,568 200,000 254,682 257,676 257,676 247,568 71 247,568 13,622 250,565 192,235 244,794 247,672 247,672 250,565 72 250,565 13,781 256,829 192,235 250,565 247,672 250,565 256,829 73 256,829 14,126 263,249 192,235 256,829 247,672 256,829 263,249 74 263,249 14,479 269,831 192,235 263,249 247,672 263,249 269,831 75 269,831 14,841 276,576 192,235 269,831 247,672 269,831 276,576 76 276,576 15,212 283,491 192,235 276,576 247,672 276,576 283,491 77 283,491 15,592 290,578 192,235 283,491 247,672 283,491 290,578 78 290,578 15,982 297,842 192,235 290,578 247,672 290,578 297,842 79 297,842 16,381 305,289 192,235 297,842 247,672 297,842 305,289 80 305,289 16,791 312,921 192,235 305,289 247,672 305,289 312,921 81 312,921 17,211 320,744 192,235 312,921 247,672 312,921 320,744 82 320,744 17,641 328,762 192,235 320,744 247,672 320,744 328,762 83 328,762 18,082 336,981 192,235 328,762 247,672 328,762 336,981 84 336,981 18,534 345,406 192,235 336,981 247,672 336,981 345,406 85 345,406 18,997 354,041 192,235 345,406 247,672 345,406 354,041 86 354,041 19,472 362,892 192,235 354,041 247,672 354,041 362,892 87 362,892 19,959 371,964 192,235 362,892 247,672 362,892 371,964 88 371,964 20,458 381,264 192,235 371,964 247,672 371,964 381,264 89 381,264 20,969 390,795 192,235 381,264 247,672 381,264 390,795 90 390,795 21,494 400,565 192,235 390,795 247,672 390,795 400,565 -------------------------------------------------------------------------------------------------------------------------

72 This example assumes: (1) the owner, who is also the Annuitant, purchases the contract with $100,000 and elects Lifetime Income Plus Solution without the Principal Protection Death Benefit; (2) the owner makes no additional premium payments; (3) the owner is age 72 at issue, waits ten years before taking a withdrawal, and has a Withdrawal Factor of 7%; (4) the Roll-Up Value increases for ten years and the Purchase Payment Benefit Amount at the end of ten years equals $200,000 (200% of premium payments made in the first contract year); (5) the contract earns a net return of 8% before rider charges are deducted; and (6) the owner dies upon reaching age 90.

Purchase Contract Value - Payment Maximum Withdrawals End of Year - Benefit Anniversary Roll-Up Death Age - Contract Value - Taken - After Rider Amount - Value - Value - Benefit Base - Benefit - End of Year Beginning of Year End of Year Charges End of Year End of Year End of Year End of Year End of Year ------------------------------------------------------------------------------------------------------------------------- 72 $105,000 $ 0 $112,066 $100,000 $100,000 $106,000 $106,000 $112,066 73 112,066 0 119,536 100,000 112,066 118,790 118,790 119,536 74 119,536 0 127,503 100,000 119,536 126,708 126,708 127,503 75 127,503 0 136,002 100,000 127,503 135,154 135,154 136,002 76 136,002 0 145,068 100,000 136,002 144,163 144,163 145,068 77 145,068 0 154,738 100,000 145,068 153,772 153,772 154,738 78 154,738 0 165,052 100,000 154,738 164,022 164,022 165,052 79 165,052 0 176,054 100,000 165,052 174,955 174,955 176,054 80 176,054 0 187,789 100,000 176,054 186,617 186,617 187,789 81 187,789 0 200,306 100,000 187,789 199,056 199,056 200,306 82 200,306 14,863 198,795 200,000 200,306 212,324 212,324 198,795 83 198,795 14,863 197,104 200,000 200,306 212,324 212,324 197,104 84 197,104 14,863 195,277 200,000 200,306 212,324 212,324 195,277 85 195,277 14,863 193,304 200,000 200,306 212,324 212,324 193,304 86 193,304 14,863 191,173 200,000 200,306 212,324 212,324 191,173 87 191,173 14,863 188,872 200,000 200,306 212,324 212,324 188,872 88 188,872 14,863 186,386 200,000 200,306 212,324 212,324 186,386 89 186,386 14,863 183,702 200,000 200,306 212,324 212,324 183,702 90 183,702 14,863 180,803 200,000 200,306 212,324 212,324 180,803 -------------------------------------------------------------------------------------------------------------------------

73 This example assumes: (1) the owner, who is also the Annuitant, purchases the contract with $100,000 and elects Lifetime Income Plus Solution with the Principal Protection Death Benefit; (2) the owner makes no additional premium payments; (3) the owner is age 72 at issue, waits ten years before taking a withdrawal, and has a Withdrawal Factor of 7%; (4) the Roll-Up Value increases for ten years and the Purchase Payment Benefit Amount at the end of ten years equals $200,000 (200% of premium payments made in the first contract year); (5) the contract earns a net return of 8% before rider charges are deducted; and (6) the owner dies upon reaching age 90.

Purchase Contract Value - Payment Maximum Withdrawals End of Year - Benefit Anniversary Roll-Up Death Age - Contract Value - Taken - After Rider Amount - Value - Value - Benefit Base - Benefit - End of Year Beginning of Year End of Year Charges End of Year End of Year End of Year End of Year End of Year ------------------------------------------------------------------------------------------------------------------------- 72 $105,000 $ 0 $111,551 $100,000 $100,000 $106,000 $106,000 $111,551 73 111,551 0 118,472 100,000 111,551 118,244 118,244 118,472 74 118,472 0 125,854 100,000 118,472 125,580 125,580 125,854 75 125,854 0 133,728 100,000 125,854 133,405 133,405 133,728 76 133,728 0 142,127 100,000 133,728 141,752 141,752 142,127 77 142,127 0 151,086 100,000 142,127 150,655 150,655 151,086 78 151,086 0 160,642 100,000 151,086 160,151 160,151 160,642 79 160,642 0 170,835 100,000 160,642 170,281 170,281 170,835 80 170,835 0 181,708 100,000 170,835 181,086 181,086 181,708 81 181,708 0 193,305 100,000 181,708 192,611 192,611 193,305 82 193,305 14,343 191,332 200,000 193,305 204,904 204,904 191,332 83 191,332 14,343 189,218 200,000 193,305 204,904 204,904 189,218 84 189,218 14,343 187,008 200,000 193,305 204,904 204,904 187,008 85 187,008 14,343 184,695 200,000 193,305 204,904 204,904 184,695 86 184,695 14,343 182,271 200,000 193,305 204,904 204,904 182,271 87 182,271 14,343 179,727 200,000 193,305 204,904 204,904 179,727 88 179,727 14,343 177,054 200,000 193,305 204,904 204,904 177,054 89 177,054 14,343 174,238 200,000 193,305 204,904 204,904 174,238 90 174,238 14,343 171,197 200,000 193,305 204,904 204,904 171,197 -------------------------------------------------------------------------------------------------------------------------

74 Lifetime Income Plus 2008 Lifetime Income Plus 2008 provides guaranteed withdrawals for the life of the Annuitant(s), with upside potential, provided you meet certain conditions. First, you must allocate all Contract Value to the prescribed Investment Strategy. You must also limit total Gross Withdrawals in each Benefit Year to an amount no greater than the Withdrawal Limit. Then, you will be eligible to receive total Gross Withdrawals in each Benefit Year equal to the Withdrawal Limit until the last death of an Annuitant. You may purchase Lifetime Income Plus 2008 with or without the Principal Protection Death Benefit. The Principal Protection Death Benefit is a feature available only with Lifetime Income Plus 2008. It cannot be elected separately from Lifetime Income Plus 2008. We assess a charge for the guaranteed minimum withdrawal benefit provided by the rider. If you purchase Lifetime Income Plus 2008 with the Principal Protection Death Benefit, a charge will be assessed for the Principal Protection Death Benefit that is in addition to the charge for the guaranteed minimum withdrawal benefit under the rider. The guaranteed minimum withdrawal benefit provided under the rider may be reduced or lost based on the withdrawals you take from the contract. For example, your guaranteed minimum withdrawal benefit will be reduced if you take excess withdrawals in a Benefit Year. See the "Impact of Withdrawals" provision below. You will also lose the guaranteed minimum withdrawal benefit if you annuitize or surrender the contract or if you elect to terminate the rider on any contract anniversary on or after the fifth contract anniversary. In addition, you will no longer receive lifetime payments of your guaranteed minimum withdrawal benefit if (i)(a) after a withdrawal, your Contract Value is less than the amount required to keep your contract in effect or (b) your Contract Value is reduced to $100 and (ii) your Withdrawal Limit is less than $100. Instead, you could receive, at least, a lump sum equal to the present value of future lifetime payments in the amount of the Withdrawal Limit. The Principal Protection Death Benefit provided under the rider, if elected, will be reduced and may be lost based on withdrawals you take from the contract. You will also lose the Principal Protection Death Benefit if you annuitize or surrender the contract or if you elect to terminate the rider. Because this contract is no longer offered and sold, Lifetime Income Plus 2008 and the Principal Protection Death Benefit are no longer available to purchase under the contract. References to Lifetime Income Plus 2008 include a rider issued with or without the Principal Protection Death Benefit, as applicable, unless stated otherwise. Effective May 1, 2014, you may request to terminate this rider (without terminating the contract) on any business day. Investment Strategy for Lifetime Income Plus 2008. In order to receive the full benefit provided by Lifetime Income Plus 2008, you must invest all premium payments and allocations in accordance with a prescribed Investment Strategy. Investment Strategies may change from time to time. You may allocate your assets in accordance with your Investment Strategy prescribed at the time the contract was issued, or in accordance with the Investment Strategy in effect at the time you reset your benefit. Therefore, you may have assets allocated to an Investment Strategy that is different than the Investment Strategy described in this prospectus. Your ability to choose different Investment Strategies is limited, as described below. The Investment Strategy includes Designated Subaccounts and five of the Asset Allocation Models (Asset Allocation Models A, B, C and D and the Build Your Own Asset Allocation Model). Under this Investment Strategy, contract owners may allocate assets to either one of the four available Asset Allocation Models or to one or more Designated Subaccounts or to the Build Your Own Asset Allocation Model. Contract owners, however, may elect to participate in the Defined Dollar Cost Averaging program, which permits the owner to systematically transfer a fixed dollar amount on a monthly basis for twelve months from the Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund to one of the available Investment Strategy options. The Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund is only available as part of the Defined Dollar Cost Averaging program. For more information about the Defined Dollar Cost Averaging program, the Asset Allocation Models and the Subaccounts comprising each of the Asset Allocation Models and the Designated Subaccounts, please see the "Defined Dollar Cost Averaging Program," "Subaccounts" and "Asset Allocation Program" provisions of this prospectus. On a monthly basis, we will rebalance your Contract Value to the Subaccounts in accordance with the percentages that you have chosen to invest in the Designated Subaccounts or the Build Your Own Asset Allocation Model or in accordance with the allocations that comprise the applicable Asset Allocation Model. In addition, we will also rebalance your Contract Value on any Valuation Day after any transaction involving a withdrawal, receipt of a premium payment or a transfer of Contract Value, unless you instruct us otherwise. If you are participating in the Defined Dollar Cost Averaging program, rebalancing will not affect the assets allocated to the Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund. Your allocation instructions must always comply with the Investment Strategy. 75 Shares of a Portfolio may become unavailable under the contract for new premium payments, transfers and asset rebalancing. As a result, shares of a Portfolio may also become unavailable under your Investment Strategy. Investment Strategies may be modified to respond to such events by removing unavailable Portfolios and adding new Portfolios as appropriate. Because such changes may affect your allocation instructions, you will need to provide updated allocation instructions to comply with the modified Investment Strategy. If you do not provide updated allocation instructions, any subsequent premium payments or transfers requesting payment to an unavailable Portfolio will be considered not in good order. Assets will remain invested as allocated at the time the Portfolio became unavailable, except in a situation where the affected Portfolio is removed. In that case, the assets that were invested in the removed Portfolio will be invested in a new Portfolio consistent with SEC precedent (appropriate no-action relief, substitution order, etc.), unless you are invested in the Build Your Own Asset Allocation Model. If you are invested in the Build Your Own Asset Allocation Model, all of the assets you have invested in the Build Your Own Asset Allocation Model will be moved from the Model to Asset Allocation Model C. Your assets will remain in Asset Allocation Model C, and any subsequent premium payments or transfer requests will be applied accordingly. You will need to provide us with updated allocation instructions if you want to invest in the Build Your Own Asset Allocation Model or another available Investment Strategy option. Periodic rebalancing to unavailable Portfolios will cease until we receive updated allocation instructions that comply with the modified Investment Strategy. The current Investment Strategy is as follows: (1) owners may allocate assets to the following Designated Subaccounts: AB Variable Products Series Fund, Inc. -- AB Balanced Wealth Strategy Portfolio -- Class B; AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares (formerly, Oppenheimer Variable Account Funds -- Oppenheimer Conservative Balanced Fund/VA -- Service Shares); AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -- Invesco V.I. Equity and Income Fund -- Series II shares; BlackRock Variable Series Funds, Inc. -- BlackRock Global Allocation V.I. Fund -- Class III Shares; Fidelity Variable Insurance Products Fund -- VIP Balanced Portfolio -- Service Class 2; Janus Aspen Series -- Janus Henderson Balanced Portfolio -- Service Shares; MFS(R) Variable Insurance Trust -- MFS(R) Total Return Series -- Service Class Shares; and/or State Street Variable Insurance Series Funds, Inc. -- Total Return V.I.S. Fund -- Class 3 Shares; OR (2) owners may allocate assets to Asset Allocation Model A, B, C or D. OR (3) owners may allocate assets to the Build Your Own Asset Allocation Model. Contract owners may elect to participate in the Defined Dollar Cost Averaging program when they apply for the contract. Defined Dollar Cost Averaging permits the owner to systematically transfer a fixed dollar amount on a monthly basis for twelve months from the Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund to one of the available Investment Strategy options. The Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund is only available as part of the Defined Dollar Cost Averaging program. Withdrawal Limit. The Withdrawal Limit is calculated on each Valuation Day. The Withdrawal Limit is the benefit base multiplied by the Withdrawal Factor. On each Valuation Day, the benefit base is the greatest of the Contract Value on the prior contract anniversary, the Withdrawal Base, and the Roll-Up Value. The Withdrawal Factor is established based on the age of the younger Annuitant on the earlier of the Valuation Day of the first Gross Withdrawal and the Valuation Day when the Contract Value is reduced to $100. The Withdrawal Factor percentages will be provided in your contract. Withdrawal Base. Your initial Withdrawal Base is equal to your initial premium payment received and is adjusted when any subsequent premium payment is received, as described in the "Premium Payments" provision. It may also change as a result of a withdrawal or reset, as described below. Roll-Up Value. Your initial Roll-Up Value is equal to your initial premium payment received. We will increase your Roll-Up Value on each day. The new Roll-Up Value is equal to the sum of (a) and (b), multiplied by (c), where: (a) is the Roll-Up Value on the prior day; (b) is any premium payment(s) made on the prior Valuation Day; and (c) is the daily roll-up factor, as shown in your contract. 76 On each contract anniversary, if the Withdrawal Base is greater than the current Roll-Up Value, the Roll-Up Value will be increased to the Withdrawal Base. The Roll-Up Value will continue to increase until the date of the first withdrawal or the later of the tenth anniversary of the Contract Date and the date the older Annuitant turns age 65. The Roll-Up Value will not increase after this date. On any Valuation Day you make a Gross Withdrawal, if that Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is in excess of the Withdrawal Limit, your Roll-Up Value will be reduced to zero. The Roll-Up Value will not increase after this date. When requesting an excess withdrawal, you will be asked if you understand the implications of the excess withdrawal and if you would like to proceed with the request. Premium Payments. Any premium payment applied to your contract will be added to your Withdrawal Base and your Principal Protection Death Benefit (if applicable), and may be added to your Roll-Up Value as described in the "Roll-Up Value" provision above. Please note that we do not consider Bonus Credits as "premium payments" for purposes of the contract and this rider. Therefore, any applicable Bonus Credit will not be included in the Withdrawal Base, Principal Protection Death Benefit or Roll Up Value, if applicable. You will have to reset your benefit under the terms of the rider to capture the Bonus Credit or any related earnings in the Withdrawal Base. You must allocate all assets to the prescribed Investment Strategy. Important Note. We reserve the right to not adjust the Withdrawal Base, Principal Protection Death Benefit (if applicable), and/or Roll-Up Value for any subsequent premium payments received. As a result, it is possible that you would not be able to make subsequent premium payments after the initial premium payment to take advantage of the benefits provided by Lifetime Income Plus 2008 that would be associated with such additional premium payments. Before making premium payments that do not increase the Withdrawal Base, Principal Protection Death Benefit (if applicable) or Roll-Up Value, you should consider that: (i) the guaranteed amounts provided by the Withdrawal Base, Principal Protection Death Benefit (if applicable) and Roll-Up Value will not include such premium payments or Bonus Credits; and (ii) this rider may not make sense for you if you intend to make premium payments that will not increase the Withdrawal Base, Principal Protection Death Benefit (if applicable) and Roll-Up Value. Reset of the Benefit. You may reset your Withdrawal Base on an annual anniversary of the Contract Date when your Contract Value is higher than the Withdrawal Base. If such contract anniversary is not a Valuation Day, the reset will occur on the next Valuation Day. On the Valuation Day you reset your benefit, we will reset the Investment Strategy to the current Investment Strategy and reset the charges for this rider. Effective on and after December 3, 2012, the charge for Lifetime Income Plus 2008 increased, on an annual basis, to 1.25% upon reset of the Withdrawal Base. The rider charge increase applies to both single and joint annuitant contracts regardless of the date the contract was issued. If you are potentially impacted, you will receive written notice in advance of your contract anniversary informing you of your options as well as a discussion of certain circumstances in which a reset would not be in your best interest. If your rider is scheduled to automatically reset, you will have the opportunity to opt-out of the automatic reset and resulting rider charge increase. If you have to request a manual reset, you will have the opportunity to reset and, if you reset, incur the higher rider charge. We reserve the right to discontinue sending written notice of the potential impact of a reset after we send you the first notice. As noted, if there is an automatic reset, your Withdrawal Base will be increased to your Contract Value. However, the Withdrawal Base is just one element used to determine your Benefit Base which is in turn used to calculate your Withdrawal Limit. The Benefit Base is the greatest of the Withdrawal Base, Contract Value on the prior contract anniversary and the Roll-Up Value. If your Withdrawal Base resets but your Roll-Up Value is higher than your Withdrawal Base on the date of reset, the Roll-Up Value will be used to determine your Benefit Base, but you will be assessed a rider charge of 1.25% because of the reset of the Withdrawal Base. In this circumstance, if your rider fee was less than 1.25% before the reset, you will pay a higher rider fee for a benefit that you would have received even without the reset. For Lifetime Income Plus 2008 without the Principal Protection Death Benefit, the new charges, which may be higher than your previous charges, will never exceed 2.00% of the benefit base. For Lifetime Income Plus 2008 with the Principal Protection Death Benefit, the new charges, which may be higher than your previous charges, will never exceed 2.00% of the benefit base plus 0.50% of the value of the Principal Protection Death Benefit. The reset date must be at least 12 months after the later of the Contract Date and the last reset date. Resets will occur automatically unless such automatic resets are or have been terminated. Any change to the charges or to the required Investment Strategy for this rider will be communicated to you in writing prior to the contract anniversary date. Upon reset, these changes will apply. The reset provision is not available on or after the latest permitted Maturity Date. 77 Automatic resets will continue until and unless: (a) the owner (or owners) submits a written request to our Home Office to terminate automatic resets (such a request must be received at least 15 days prior to the contract anniversary date); (b) the Investment Strategy changes, allocations are affected, and we do not receive confirmation of new allocations from you at our Home Office; (c) income payments begin via annuitization; or (d) ownership of the contract changes. If automatic resets have terminated, you may later reinstate automatic resets for any future contract anniversary by submitting a written request to do so; provided you are following the Investment Strategy and income payments have not begun. Please note that an automatic reset will occur on a contract anniversary if Contract Value is even nominally higher than the Withdrawal Base (e.g., as little as $1.00 or even $0.01 higher) and, therefore, an automatic reset may not be in your best interest because: (i) the charges for this rider may be higher than your previous charges and (ii) the Investment Strategy will be reset to the current Investment Strategy (the Investment Strategy offered on the reset date). Please carefully consider the impact of automatic resets when you elect Lifetime Income Plus 2008 and while the rider is in effect. Impact of Withdrawals. If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is in excess of the Withdrawal Limit, your Withdrawal Base, Principal Protection Death Benefit (if applicable) and Roll-Up Value are reduced. The new Withdrawal Base equals the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and (b) is the prior Withdrawal Base minus the Gross Withdrawal. The new Principal Protection Death Benefit (if applicable) equals the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and (b) is the prior Principal Protection Death Benefit minus the Gross Withdrawal. The new Roll-Up Value will be zero. Additional premium payments will not increase the Roll-Up Value. If the total Gross Withdrawals in a Benefit Year are less than or equal to the Withdrawal Limit, we will waive any surrender charge on the Gross Withdrawal. The Withdrawal Limit will be increased for any Benefit Year to the extent necessary to meet any minimum distribution requirements based on life expectancy under federal tax law. This increase applies only to the required minimum distribution based on the Contract Value for the calendar year ending within the Benefit Year. You should carefully manage withdrawals because excess withdrawals will have adverse consequences on the benefits provided under Lifetime Income Plus 2008, particularly in down markets. Over the period of time during which you take withdrawals, there is the risk that you may need funds in excess of the Withdrawal Limit and, if you do not have other sources of income available, you may need to take (excess) withdrawals that will reduce your Withdrawal Base (and, consequently, your Withdrawal Limit), the Principal Protection Death Benefit (if applicable), and your Roll-Up Value. You also should carefully consider when to begin taking withdrawals if you elected Lifetime Income Plus 2008. The longer you wait before beginning to take withdrawals, the higher the Withdrawal Factor will be, which is one of the components used to determine the amount of your Withdrawal Limit. If you delay taking withdrawals too long, however, you may limit the number of years available for you to take withdrawals in the future (due to life expectancy) and you may be paying for a benefit you are not using. Your Contract Value after taking a withdrawal may be less than the amount required to keep your contract in effect. In this event, or if your Contract Value is reduced to $100, the following will occur: . If the Withdrawal Limit is less than $100, we will pay you the greatest of the following: (a) the Contract Value; (b) a lump sum equal to the present value of future lifetime payments in the amount of the Withdrawal Limit calculated using the 2000 Annuity Mortality Table and an interest rate of 3%; and (c) the Principal Protection Death Benefit (if applicable). . If the Withdrawal Limit is greater than or equal to $100, we will begin income payments. We will make payments of a fixed amount for the life of the Annuitant or, if there are Joint Annuitants, the last 78 surviving Annuitant. The fixed amount payable annually will equal the most recently calculated Withdrawal Limit. We will make payments monthly or on another periodic basis agreed by us. If the monthly amount is less than $100, we will reduce the frequency so that the payment will be at least $100. The Principal Protection Death Benefit (if applicable) will continue under this provision. The Principal Protection Death Benefit will be reduced by each payment. The Principal Protection Death Benefit, if any, will be payable on the death of the last surviving Annuitant. Principal Protection Death Benefit. You may purchase Lifetime Income Plus 2008 with the Principal Protection Death Benefit. The Principal Protection Death Benefit is a feature available only with Lifetime Income Plus 2008. It cannot be elected separately from Lifetime Income Plus 2008. The Principal Protection Death Benefit is used to determine the death benefit, if any, payable under the contract and rider as described in the "Death Provisions" section below. The Principal Protection Death Benefit on the Contract Date is equal to the initial premium payment. Premium payments in a Benefit Year increase the Principal Protection Death Benefit. Gross Withdrawals in a Benefit Year decrease the Principal Protection Death Benefit. If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is less than or equal to the Withdrawal Limit, the Principal Protection Death Benefit will be reduced by the Gross Withdrawal. If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is in excess of the Withdrawal Limit, your Principal Protection Death Benefit will equal the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and (b) is the prior Principal Protection Death Benefit minus the Gross Withdrawal. Death Provisions. At the death of the last surviving Annuitant, a death benefit may be payable under this contract and rider. The amount of any death benefit payable will be the greatest of (a), (b) and (c), where: (a) is the death benefit as calculated under the base contract; (b) is the Principal Protection Death Benefit (if applicable); and (c) is any amount payable by any other optional death benefit rider (if applicable). The death benefit payable will be paid according to the distribution rules under the contract. If the designated beneficiary is a surviving spouse who is not an Annuitant, whose age is 45 through 85, and who elects to continue the contract as the new owner, this rider will continue. The Withdrawal Base and Roll-Up Value for the new owner will be the death benefit determined as of the first Valuation Day we receive at our Home Office due proof of death and all required forms. The Withdrawal Factor for the new owner will be based on the age of that owner on the date of the first Gross Withdrawal for that owner. If the designated beneficiary is a surviving spouse who is an Annuitant and who elects to continue the contract as the owner, this rider will continue. The Withdrawal Base and Roll-Up Value will be the same as it was under the contract for the deceased owner. If no withdrawals were taken prior to the first Valuation Day we receive due proof of death and all required forms at our Home Office, the Withdrawal Factor for the surviving spouse will be established based on the attained age of the surviving spouse on the date of the first Gross Withdrawal for the surviving spouse. Otherwise, the Withdrawal Factor will continue as it was under the contract for the deceased owner. If the surviving spouse cannot continue the rider, the rider and the rider charges will terminate. The charges for this rider will be calculated, pro rata, and deducted. Proceeds that were transferred to the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund upon the death of the owner will be reallocated to the Investment Strategy and the asset percentages then in effect at the time of the death of the owner. Such reallocations will not be counted as a transfer for the purpose of the number of transfers allowed under the contract in a calendar year. Considerations. While the rider is designed to provide life-time withdrawal benefits, these benefits are only guaranteed to the extent you comply with the limits, conditions and restrictions set forth in the contract. Rider Charge. We assess a charge for the guaranteed minimum withdrawal benefit provided by the rider. The charge for the guaranteed minimum withdrawal benefit is calculated quarterly as a percentage of the benefit base, as defined and determined under the rider, and deducted quarterly from the Contract Value. Please note that, if your benefit base increases, the amount deducted from your Contract Value will increase. If you purchase Lifetime Income Plus 2008 with the Principal Protection Death Benefit, a charge will be assessed for the Principal Protection Death Benefit that is in addition to the charge for the guaranteed minimum withdrawal benefit under the rider. The charge for the Principal Protection Death Benefit is calculated quarterly as a percentage of the value of the Principal Protection Death Benefit, as defined and determined 79 under the rider, and deducted quarterly from the Contract Value. Please note that, if the value of the Principal Protection Death Benefit increases through additional premium payments, the amount deducted from your Contract Value will increase. The charge for the Principal Protection Death Benefit is higher if any annuitant is age 71 or older at the time of application. For contracts that have not reset their Withdrawal Base on or after December 3, 2012, we also apply different charges for the rider for a single Annuitant contract and a Joint Annuitant contract. Once a contract is a Joint Annuitant contract and the Joint Annuitant rider charge is applied, the Joint Annuitant rider charge will continue while the rider is in effect. If a spouse is added as Joint Annuitant after the contract is issued, new charges may apply. These new charges may be higher than the charges previously applicable to your contract. If you reset your benefits under the rider, we will reset the charges for the rider, which may be higher than your previous charges. We currently assess the following charges for the rider, calculated and deducted as described above, for those contracts that have reset their Withdrawal Base on or after December 3, 2012: Lifetime Income Plus 2008 without the Principal Protection Death Benefit Single or Joint Annuitant Contract 1.25% of benefit base -------------------------------------------------------------------------- Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.15% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single or Joint Annuitant Contract 1.25% of benefit base plus 0.40% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- We currently assess the following charges for the rider, calculated and deducted as described above, for those contracts that have not reset their Withdrawal Base on or after December 3, 2012: Lifetime Income Plus 2008 without the Principal Protection Death Benefit -------------------------------------------------------------------------- Single Annuitant Contract 0.75% of benefit base -------------------------------------------------------------------------- Joint Annuitant Contract 0.85% of benefit base -------------------------------------------------------------------------- Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 45-70 Single Annuitant Contract 0.75% of benefit base plus 0.15% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- Joint Annuitant Contract 0.85% of benefit base plus 0.15% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- Lifetime Income Plus 2008 with the Principal Protection Death Benefit -- Annuitant Age 71-85 Single Annuitant Contract 0.75% of benefit base plus 0.40% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- Joint Annuitant Contract 0.85% of benefit base plus 0.40% of value of Principal Protection Death Benefit -------------------------------------------------------------------------- The charges for Lifetime Income Plus 2008 without the Principal Protection Death Benefit will never exceed 2.00% of benefit base. The charges for Lifetime Income Plus 2008 with the Principal Protection Death Benefit will never exceed 2.00% of benefit base plus 0.50% of the value of the Principal Protection Death Benefit. On the day the rider and/or the contract terminates, the charges for this rider will be calculated, pro rata, and deducted. Please note that you will begin paying the rider charge (including the applicable charge associated with the Principal Protection Death Benefit if you have elected that option) as of the date the rider takes effect, even if you do not begin taking withdrawals under the rider for many years, or ever. We will not refund the charges you have paid under the rider if you never choose to take withdrawals and/or if you never receive any payments under the rider; nor will we refund charges if the Principal Protection Death Benefit feature under a contract does not pay out. When the Rider is Effective If available, Lifetime Income Plus 2008 and the Principal Protection Death Benefit must be elected at application. The rider will remain in effect while the contract is in force and before the Maturity Date. Effective May 1, 2014, you may request to terminate this rider (without terminating the contract) on any business day. The rider will terminate on the first day of the next quarter as measured from the contract anniversary (i.e., not a calendar quarter). Rider charges will continue from the date of the request to terminate until the date of termination. On the day the rider and/or the contract terminates, the charges for this rider will be calculated, pro rata, and deducted. We are waiving the provision in the rider that limits the ability to terminate the rider to any contract anniversary on or after the fifth contract anniversary. Otherwise this rider and the corresponding charges will terminate on the Maturity Date. Please note that, upon termination of this rider, you will lose all of the benefits for which you are eligible under the rider, including any guaranteed minimum withdrawal benefits provided by the rider. At any time before the Maturity Date, you can elect to annuitize under current annuity rates in lieu of continuing Lifetime 80 Income Plus 2008. This may provide a higher income amount and/or more favorable tax treatment than payments made under this rider. Change of Ownership We must approve any assignment or sale of this contract unless the assignment is a court ordered assignment. General Provisions For purposes of this rider: . A non-natural entity owner must name an Annuitant and may name the Annuitant's spouse as a Joint Annuitant. . An individual owner must also be an Annuitant and may name his or her spouse as a Joint Annuitant at issue. . A joint owner must be the owner's spouse. . If you marry after issue, you may add your spouse as a joint owner and Joint Annuitant or as a Joint Annuitant only, subject to our approval. . Under federal tax law, all contract provisions relating to spousal continuation are available only to a person who meets the definition of "spouse" under federal law. The U.S. Supreme Court has held that same-sex marriages must be permitted under state law and that marriages recognized under state law will be recognized for federal law purposes. Domestic partnerships and civil unions that are not recognized as legal marriages under state law, however, will not be treated as marriages under federal law. Consult a tax adviser for more information on this subject. Civil union partners are not permitted to continue the contract without taking required distributions upon the death of an owner. Therefore, even if named a joint owner/Joint Annuitant, a civil union partner will have to take required distributions upon the death of the other joint owner/Joint Annuitant. See the "Distribution Rules" provision of this prospectus. If this situation applies to you, you should consult a tax adviser. 81 Examples The following examples show how Lifetime Income Plus 2008 works based on hypothetical values. The examples are for illustrative purposes only and are not intended to depict investment performance of the contract and, therefore, should not be relied upon in making a decision to invest in the rider or contract. The examples assume current rider charges for all periods shown. If an owner resets the benefits under the rider, we reset the charges for the rider, which may be higher than the previous charges. Higher rider charges would produce lower values in the examples. This example assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000 and elects Lifetime Income Plus 2008 without the Principal Protection Death Benefit; (2) the owner makes no additional premium payments; (3) the owner is age 52 at issue, waits 13 years to take a withdrawal, and has a Withdrawal Factor of 5.5%; (4) the Roll-Up Value increases until age 65; (5) the contract earns a net return of -2%, before rider charges are deducted; (6) the owner takes partial withdrawals equal to the Withdrawal Limit (which is the Withdrawal Factor multiplied by the benefit base) for the rest of the owner's life; (7) The Withdrawal Base is reset annually on the contract anniversary; and (8) the owner dies upon reaching age 90.

Contract Value - Withdrawals End of Year - Withdrawal Roll-Up Death Age - Contract Value - Taken - After Rider Base - Value - Benefit Base - Benefit - End of Year Beginning of Year End of Year Charges End of Year End of Year End of Year End of Year ------------------------------------------------------------------------------------------------------------- 53 $105,000 -- $101,575 $100,000 $106,000 $106,000 $101,575 54 101,575 -- 98,139 101,575 112,360 112,360 100,000 55 98,139 -- 94,687 101,575 119,102 119,102 100,000 56 94,687 -- 91,216 101,575 126,248 126,248 100,000 57 91,216 -- 87,719 101,575 133,823 133,823 100,000 58 87,719 -- 84,191 101,575 141,852 141,852 100,000 59 84,191 -- 80,628 101,575 150,363 150,363 100,000 60 80,628 -- 77,023 101,575 159,385 159,385 100,000 61 77,023 -- 73,370 101,575 168,948 168,948 100,000 62 73,370 -- 69,664 101,575 179,085 179,085 100,000 63 69,664 -- 65,898 101,575 189,830 189,830 100,000 64 65,898 -- 62,065 101,575 201,220 201,220 100,000 65 62,065 $11,731 46,427 101,575 213,293 213,293 79,829 66 46,427 11,731 31,101 101,575 213,293 213,293 57,965 67 31,101 11,731 16,081 101,575 213,293 213,293 33,516 68 16,081 11,731 1,338 101,575 213,293 213,293 3,430 69 1,338 11,731 -- 101,575 213,293 213,293 -- 70 -- 11,731 -- 101,575 213,293 213,293 -- 71 -- 11,731 -- 101,575 213,293 213,293 -- 72 -- 11,731 -- 101,575 213,293 213,293 -- 73 -- 11,731 -- 101,575 213,293 213,293 -- 74 -- 11,731 -- 101,575 213,293 213,293 -- 75 -- 11,731 -- 101,575 213,293 213,293 -- 76 -- 11,731 -- 101,575 213,293 213,293 -- 77 -- 11,731 -- 101,575 213,293 213,293 -- 78 -- 11,731 -- 101,575 213,293 213,293 -- 79 -- 11,731 -- 101,575 213,293 213,293 -- 80 -- 11,731 -- 101,575 213,293 213,293 -- 81 -- 11,731 -- 101,575 213,293 213,293 -- 82 -- 11,731 -- 101,575 213,293 213,293 -- 83 -- 11,731 -- 101,575 213,293 213,293 -- 84 -- 11,731 -- 101,575 213,293 213,293 -- 85 -- 11,731 -- 101,575 213,293 213,293 -- 86 -- 11,731 -- 101,575 213,293 213,293 -- 87 -- 11,731 -- 101,575 213,293 213,293 -- 88 -- 11,731 -- 101,575 213,293 213,293 -- 89 -- 11,731 -- 101,575 213,293 213,293 -- 90 -- 11,731 -- 101,575 213,293 213,293 -- -------------------------------------------------------------------------------------------------------------

82 This example assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000 and elects Lifetime Income Plus 2008 with the Principal Protection Death Benefit; (2) the owner makes no additional premium payments; (3) the owner is age 52 at issue, waits 13 years to take a withdrawal, and has a Withdrawal Factor of 5.5%; (4) the Roll-Up Value increases until age 65; (5) the contract earns a net return of -2%, before rider charges are deducted; (6) the owner takes partial withdrawals equal to the Withdrawal Limit (which is the Withdrawal Factor multiplied by the benefit base) for the rest of the owner's life; (7) The Withdrawal Base is reset annually on the contract anniversary; and (8) the owner dies upon reaching age 90.

Contract Value - Withdrawals End of Year - Withdrawal Roll-Up Death Age - Contract Value - Taken - After Rider Base - Value - Benefit Base - Benefit - End of Year Beginning of Year End of Year Charges End of Year End of Year End of Year End of Year ------------------------------------------------------------------------------------------------------------- 53 $105,000 -- $101,425 $100,000 $106,000 $106,000 $101,425 54 101,425 -- 97,842 101,425 112,360 112,360 100,000 55 97,842 -- 94,246 101,425 119,102 119,102 100,000 56 94,246 -- 90,633 101,425 126,248 126,248 100,000 57 90,633 -- 86,998 101,425 133,823 133,823 100,000 58 86,998 -- 83,335 101,425 141,852 141,852 100,000 59 83,335 -- 79,639 101,425 150,363 150,363 100,000 60 79,639 -- 75,903 101,425 159,385 159,385 100,000 61 75,903 -- 72,124 101,425 168,948 168,948 100,000 62 72,124 -- 68,293 101,425 179,085 179,085 100,000 63 68,293 -- 64,404 101,425 189,830 189,830 100,000 64 64,404 -- 60,450 101,425 201,220 201,220 100,000 65 60,450 $11,731 44,712 101,425 213,293 213,293 79,216 66 44,712 11,731 29,306 101,425 213,293 213,293 56,571 67 29,306 11,731 14,225 101,425 213,293 213,293 31,003 68 14,225 11,731 -- 101,425 213,293 213,293 -- 69 -- 11,731 -- 101,425 213,293 213,293 -- 70 -- 11,731 -- 101,425 213,293 213,293 -- 71 -- 11,731 -- 101,425 213,293 213,293 -- 72 -- 11,731 -- 101,425 213,293 213,293 -- 73 -- 11,731 -- 101,425 213,293 213,293 -- 74 -- 11,731 -- 101,425 213,293 213,293 -- 75 -- 11,731 -- 101,425 213,293 213,293 -- 76 -- 11,731 -- 101,425 213,293 213,293 -- 77 -- 11,731 -- 101,425 213,293 213,293 -- 78 -- 11,731 -- 101,425 213,293 213,293 -- 79 -- 11,731 -- 101,425 213,293 213,293 -- 80 -- 11,731 -- 101,425 213,293 213,293 -- 81 -- 11,731 -- 101,425 213,293 213,293 -- 82 -- 11,731 -- 101,425 213,293 213,293 -- 83 -- 11,731 -- 101,425 213,293 213,293 -- 84 -- 11,731 -- 101,425 213,293 213,293 -- 85 -- 11,731 -- 101,425 213,293 213,293 -- 86 -- 11,731 -- 101,425 213,293 213,293 -- 87 -- 11,731 -- 101,425 213,293 213,293 -- 88 -- 11,731 -- 101,425 213,293 213,293 -- 89 -- 11,731 -- 101,425 213,293 213,293 -- 90 -- 11,731 -- 101,425 213,293 213,293 -- -------------------------------------------------------------------------------------------------------------

83 This next example assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000 and elects Lifetime Income Plus 2008 without the Principal Protection Death Benefit; (2) the owner makes no additional premium payments; (3) the owner is age 72 at issue, waits 10 years to take a withdrawal, and has a Withdrawal Factor of 7%; (4) the Roll-Up Value increases for 10 years; (5) the contract earns a net return of -2%, before rider charges are deducted; (6) the owner takes partial withdrawals equal to the Withdrawal Limit (which is the Withdrawal Factor multiplied by the benefit base) for the rest of the owner's life; (7) The Withdrawal Base is reset annually on the contract anniversary; and (8) the owner dies upon reaching age 90.

Contract Value - Withdrawals End of Year - Withdrawal Roll-Up Death Age - Contract Value - Taken - After Rider Base - Value - Benefit Base - Benefit - End of Year Beginning of Year End of Year Charges End of Year End of Year End of Year End of Year ------------------------------------------------------------------------------------------------------------- 73 $105,000 -- $101,575 $100,000 $106,000 $106,000 $101,575 74 101,575 -- 98,139 101,575 112,360 112,360 100,000 75 98,139 -- 94,687 101,575 119,102 119,102 100,000 76 94,687 -- 91,216 101,575 126,248 126,248 100,000 77 91,216 -- 87,719 101,575 133,823 133,823 100,000 78 87,719 -- 84,191 101,575 141,852 141,852 100,000 79 84,191 -- 80,628 101,575 150,363 150,363 100,000 80 80,628 -- 77,023 101,575 159,385 159,385 100,000 81 77,023 -- 73,370 101,575 168,948 168,948 100,000 82 73,370 $12,536 57,129 101,575 179,085 179,085 82,005 83 57,129 12,536 41,211 101,575 179,085 179,085 62,879 84 41,211 12,536 25,613 101,575 179,085 179,085 42,216 85 25,613 12,536 10,326 101,575 179,085 179,085 19,068 86 10,326 12,536 -- 101,575 179,085 179,085 -- 87 -- 12,536 -- 101,575 179,085 179,085 -- 88 -- 12,536 -- 101,575 179,085 179,085 -- 89 -- 12,536 -- 101,575 179,085 179,085 -- 90 -- 12,536 -- 101,575 179,085 179,085 -- -------------------------------------------------------------------------------------------------------------

84 This next example assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000 and elects Lifetime Income Plus 2008 with the Principal Protection Death Benefit; (2) the owner makes no additional premium payments; (3) the owner is age 72 at issue, waits 10 years to take a withdrawal, and has a Withdrawal Factor of 7%; (4) the Roll-Up Value increases for 10 years; (5) the contract earns a net return of -2%, before rider charges are deducted; (6) the owner takes partial withdrawals equal to the Withdrawal Limit (which is the Withdrawal Factor multiplied by the benefit base) for the rest of the owner's life; (7) The Withdrawal Base is reset annually on the contract anniversary; and (8) the owner dies upon reaching age 90.

Contract Value - Withdrawals End of Year - Withdrawal Roll-Up Death Age - Contract Value - Taken - After Rider Base - Value - Benefit Base - Benefit - End of Year Beginning of Year End of Year Charges End of Year End of Year End of Year End of Year ------------------------------------------------------------------------------------------------------------- 73 $105,000 -- $101,175 $100,000 $106,000 $106,000 $101,175 74 101,175 -- 97,347 101,175 112,360 112,360 100,000 75 97,347 -- 93,511 101,175 119,102 119,102 100,000 76 93,511 -- 89,663 101,175 126,248 126,248 100,000 77 89,663 -- 85,797 101,175 133,823 133,823 100,000 78 85,797 -- 81,908 101,175 141,852 141,852 100,000 79 81,908 -- 77,990 101,175 150,363 150,363 100,000 80 77,990 -- 74,038 101,175 159,385 159,385 100,000 81 74,038 -- 70,045 101,175 168,948 168,948 100,000 82 70,045 $12,536 53,520 101,175 179,085 179,085 81,022 83 53,520 12,536 37,376 101,175 179,085 179,085 60,672 84 37,376 12,536 21,604 101,175 179,085 179,085 38,394 85 21,604 12,536 6,173 101,175 179,085 179,085 12,668 86 6,173 12,536 -- 101,175 179,085 179,085 -- 87 -- 12,536 -- 101,175 179,085 179,085 -- 88 -- 12,536 -- 101,175 179,085 179,085 -- 89 -- 12,536 -- 101,175 179,085 179,085 -- 90 -- 12,536 -- 101,175 179,085 179,085 -- -------------------------------------------------------------------------------------------------------------

85 This next example assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000 and elects Lifetime Income Plus 2008 without the Principal Protection Death Benefit; (2) the owner makes no additional premium payments; (3) the owner is age 65 at issue and has a Withdrawal Factor of 5.5%; (4) the Roll-Up Value increases for 1 year; (5) the contract earns a net return of 8%, before rider charges are deducted; (6) the owner takes partial withdrawals equal to the Withdrawal Limit (which is the Withdrawal Factor multiplied by the benefit base) for the rest of the owner's life; (7) the Withdrawal Base is reset annually on the contract anniversary; and (8) the owner dies upon reaching age 90.

Contract Value - Withdrawals End of Year - Withdrawal Roll-Up Death Age - Contract Value - Taken - After Rider Base - Value - Benefit Base - Benefit - End of Year Beginning of Year End of Year Charges End of Year End of Year End of Year End of Year ------------------------------------------------------------------------------------------------------------- 66 $105,000 $5,830 $106,245 $100,000 $106,000 $106,000 $106,245 67 106,245 5,843 107,573 106,245 106,000 106,245 107,573 68 107,573 5,917 108,918 107,573 106,000 107,573 108,918 69 108,918 5,990 110,279 108,918 106,000 108,918 110,279 70 110,279 6,065 111,658 110,279 106,000 110,279 111,658 71 111,658 6,141 113,053 111,658 106,000 111,658 113,053 72 113,053 6,218 114,467 113,053 106,000 113,053 114,467 73 114,467 6,296 115,897 114,467 106,000 114,467 115,897 74 115,897 6,374 117,346 115,897 106,000 115,897 117,346 75 117,346 6,454 118,813 117,346 106,000 117,346 118,813 76 118,813 6,535 120,298 118,813 106,000 118,813 120,298 77 120,298 6,616 121,802 120,298 106,000 120,298 121,802 78 121,802 6,699 123,324 121,802 106,000 121,802 123,324 79 123,324 6,783 124,866 123,324 106,000 123,324 124,866 80 124,866 6,868 126,427 124,866 106,000 124,866 126,427 81 126,427 6,953 128,007 126,427 106,000 126,427 128,007 82 128,007 7,040 129,607 128,007 106,000 128,007 129,607 83 129,607 7,128 131,227 129,607 106,000 129,607 131,227 84 131,227 7,217 132,868 131,227 106,000 131,227 132,868 85 132,868 7,308 134,528 132,868 106,000 132,868 134,528 86 134,528 7,399 136,210 134,528 106,000 134,528 136,210 87 136,210 7,492 137,913 136,210 106,000 136,210 137,913 88 137,913 7,585 139,637 137,913 106,000 137,913 139,637 89 139,637 7,680 141,382 139,637 106,000 139,637 141,382 90 141,382 7,776 143,149 141,382 106,000 141,382 143,149 -------------------------------------------------------------------------------------------------------------

86 This next example assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000 and elects Lifetime Income Plus 2008 with the Principal Protection Death Benefit; (2) the owner makes no additional premium payments; (3) the owner is age 65 at issue and has a Withdrawal Factor of 5.5%; (4) the Roll-Up Value increases for 1 year; (5) the contract earns a net return of 8%, before rider charges are deducted; (6) the owner takes partial withdrawals equal to the Withdrawal Limit (which is the Withdrawal Factor multiplied by the benefit base) for the rest of the owner's life; (7) the Withdrawal Base is reset annually on the contract anniversary; and (8) the owner dies upon reaching age 90.

Contract Value - Withdrawals End of Year - Withdrawal Roll-Up Death Age - Contract Value - Taken - After Rider Base - Value - Benefit Base - Benefit - End of Year Beginning of Year End of Year Charges End of Year End of Year End of Year End of Year ------------------------------------------------------------------------------------------------------------- 66 $105,000 $5,830 $106,093 $100,000 $106,000 $106,000 $106,093 67 106,093 5,835 107,265 106,093 106,000 106,093 107,265 68 107,265 5,900 108,449 107,265 106,000 107,265 108,449 69 108,449 5,965 109,645 108,449 106,000 108,449 109,645 70 109,645 6,030 110,854 109,645 106,000 109,645 110,854 71 110,854 6,097 112,074 110,854 106,000 110,854 112,074 72 112,074 6,164 113,308 112,074 106,000 112,074 113,308 73 113,308 6,232 114,553 113,308 106,000 113,308 114,553 74 114,553 6,300 115,811 114,553 106,000 114,553 115,811 75 115,811 6,370 117,082 115,811 106,000 115,811 117,082 76 117,082 6,440 118,366 117,082 106,000 117,082 118,366 77 118,366 6,510 119,663 118,366 106,000 118,366 119,663 78 119,663 6,581 120,972 119,663 106,000 119,663 120,972 79 120,972 6,653 122,295 120,972 106,000 120,972 122,295 80 122,295 6,726 123,631 122,295 106,000 122,295 123,631 81 123,631 6,800 124,980 123,631 106,000 123,631 124,980 82 124,980 6,874 126,343 124,980 106,000 124,980 126,343 83 126,343 6,949 127,719 126,343 106,000 126,343 127,719 84 127,719 7,025 129,109 127,719 106,000 127,719 129,109 85 129,109 7,101 130,512 129,109 106,000 129,109 130,512 86 130,512 7,178 131,930 130,512 106,000 130,512 131,930 87 131,930 7,256 133,361 131,930 106,000 131,930 133,361 88 133,361 7,335 134,807 133,361 106,000 133,361 134,807 89 134,807 7,414 136,266 134,807 106,000 134,807 136,266 90 136,266 7,495 137,740 136,266 106,000 136,266 137,740 -------------------------------------------------------------------------------------------------------------

87 Lifetime Income Plus 2007 Lifetime Income Plus 2007 provides guaranteed withdrawals for the life of the Annuitant(s), with upside potential, provided you meet certain conditions. If you: . allocate all Contract Value to the prescribed Investment Strategy; and . limit total Gross Withdrawals in each Benefit Year to an amount no greater than the Withdrawal Limit; then you will be eligible to receive total Gross Withdrawals in each Benefit Year equal to the Withdrawal Limit until the last death of an Annuitant. For important information about the Investment Strategy, please see the "Investment Strategy for Lifetime Income Plus and Lifetime Income Plus 2007" provision below. The guaranteed minimum withdrawal benefit provided under the rider may be reduced or lost based on the withdrawals you take from the contract. For example, your guaranteed minimum withdrawal benefit will be reduced if you take excess withdrawals in a Benefit Year. See the "Withdrawals" provision below. Your benefit will also be reduced if you choose not to follow the Investment Strategy. See the "Impact of Violating the Investment Strategy on the Withdrawal Factor and Rider Death Benefit" provision below. You will also lose the guaranteed minimum withdrawal benefit if you annuitize or surrender the contract. In addition, you will no longer receive lifetime payments of your guaranteed minimum withdrawal benefit if (i)(a) after a withdrawal, your Contract Value is less than the amount required to keep your contract in effect or (b) your Contract Value is reduced to $100 and (ii) your Withdrawal Limit is less than $100. Instead, you could receive, at least, a lump sum equal to the present value of future lifetime payments in the amount of the Withdrawal Limit. The Rider Death Benefit provided under the rider, if elected, will be reduced and may be lost based on withdrawals you take from the contract. Your benefit will also be reduced if you choose not to follow the Investment Strategy. See the "Impact of Violating the Investment Strategy on the Withdrawal Factor and Rider Death Benefit" provision below. You will also lose the Rider Death Benefit if you annuitize or surrender the contract. Lifetime Income Plus 2007 is not available for contracts issued on or after September 8, 2008. Withdrawal Limit. The Withdrawal Limit is calculated on each Valuation Day. The Withdrawal Limit is (a) multiplied by (b) where: (a) is the greatest of: (1) the Contract Value on the prior contract anniversary; (2) the Withdrawal Base; and (3) the Roll-Up Value; and (b) is the Withdrawal Factor. The Withdrawal Base and the Roll-Up Value are amounts used to calculate and establish the Withdrawal Limit. The Withdrawal Factor is established based on the age of the younger Annuitant on the earlier of the Valuation Day of the first Gross Withdrawal and the Valuation Day when the Contract Value is reduced to $100. Withdrawal Base. Your initial Withdrawal Base is equal to your initial premium payment received and is adjusted when any subsequent premium payment is received, as described in the "Premium Payments" provision. Roll-Up Value. Your initial Roll-Up Value is equal to your initial premium payment received. On each Valuation Day your Roll-Up Value will be adjusted. The new Roll-Up Value will equal (a) plus (b) plus (c), where: (a) is the Roll-Up Value on the prior Valuation Day; (b) is any premium payment made on the current Valuation Day; (c) is the daily roll-up rate, as shown in your contract, multiplied by the cumulative premium payments. The Roll-Up Value will continue to increase until the earlier of (i) the "last roll-up date" or (ii) the date of the first withdrawal. The "last roll-up date" is the later of the fifth contract anniversary or the first contract anniversary on or after the day the older Annuitant turns 70 years old. On the last roll-up date or the date of the first withdrawal, whichever comes first, the Roll-Up Value will equal the Roll-Up Value on the prior Valuation Day. After this date, additional premium payments will not increase the Roll-Up Value. On any Valuation Day you make a Gross Withdrawal, if that Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is in excess of the Withdrawal Limit, your Roll-Up Value will be reduced to zero. After this date, additional premium payments will not increase the Roll-Up Value. Premium Payments. Any premium payment applied to your contract will adjust your Withdrawal Base and your Rider 88 Death Benefit, and may adjust your Roll-Up Value as described in the "Roll-Up Value" provision above. Please note that we do not consider Bonus Credits as "premium payments" for purposes of the contract and this rider. Therefore, any applicable Bonus Credit will not be included in the Withdrawal Base, Rider Death Benefit or Roll-Up Value, if applicable. You will have to reset your benefit under the terms of the rider to capture the Bonus Credit or any related earnings in the Withdrawal Base. In order to obtain the full benefit provided by this rider, you must allocate all assets to the prescribed Investment Strategy from the Benefit Date. Except as noted below, if you have allocated all assets to the Investment Strategy from the Benefit Date, any subsequent premium payment will be added to the Roll-Up Value. If you have not allocated all assets to the Investment Strategy, the premium payment will be added to the Withdrawal Base and, if applicable, the Roll-Up Value, but the Rider Death Benefit will be increased only by 50% of the premium payment. Important Note. We reserve the right to not adjust the Withdrawal Base, Rider Death Benefit, and/or Roll-Up Value for any subsequent premium payments received. As a result, it is possible that you would not be able to make subsequent premium payments after the initial premium payment to take advantage of the benefits provided by Lifetime Income Plus 2007 that would be associated with such additional premium payments. Before making premium payments that do not increase the Withdrawal Base, Rider Death Benefit or Roll-Up Value, you should consider that: (i) the guaranteed amounts provided by the Withdrawal Base, Rider Death Benefit and Roll-Up Value will not include such premium payments or Bonus Credits; and (ii) this rider may not make sense for you if you intend to make premium payments that will not increase the Withdrawal Base, Rider Death Benefit and Roll-Up Value. Impact of Violating the Investment Strategy on the Withdrawal Factor and Rider Death Benefit. Beginning on the first Valuation Day after you choose not to follow the Investment Strategy, your Withdrawal Factor and Rider Death Benefit will be reduced by 50%. You may elect to resume participation in the Investment Strategy, as described in the "Restoration or Reset of the Benefit" provision below, provided we receive notice of your election in a form acceptable to us. We will not reduce your Withdrawal Factor or Rider Death Benefit if you are not following the Investment Strategy due to a Portfolio liquidation or a Portfolio dissolution and the assets are transferred from the liquidated or dissolved Portfolio to another Portfolio. Restoration or Reset of the Benefit Restoration. If your Withdrawal Factor and Rider Death Benefit have been reduced because you have not allocated all assets to the prescribed Investment Strategy, you will have a one-time opportunity to restore your Withdrawal Factor and Rider Death Benefit on a contract anniversary. If such contract anniversary is not a Valuation Day, the restoration will occur on the next Valuation Day. The restore feature under this rider may be used only once and is not available on or after the latest permitted Maturity Date. On the Valuation Day we restore your benefit, we will: (a) restore the Withdrawal Factor to 100% of the Withdrawal Factor established as of the date of the first withdrawal; (b) calculate your Rider Death Benefit to equal the lesser of (i) the total premium payments less Gross Withdrawals and (ii) current Contract Value; (c) calculate your Withdrawal Base to equal the lesser of (i) the Withdrawal Base as of the date of the restore, determined as if you have not allocated outside of the prescribed Investment Strategy and (ii) the current Contract Value; (d) allocate your assets to the Investment Strategy in effect as of the last Benefit Date prior to the reduction in benefits, in accordance to your instructions; and (e) assess a rider charge equal to the charge that was in effect as of your last Benefit Date prior to the reduction in benefits. If you want to restore your benefit, we must receive notice of your election at our Home Office in a form acceptable to us at least 15 days prior to your next contract anniversary. Reset. You may reset your Withdrawal Base on an annual anniversary of the Contract Date when your Contract Value is higher than the Withdrawal Base. If such contract anniversary is not a Valuation Day, the reset will occur on the next Valuation Day. The reset date must be at least 12 months after the later of the Contract Date and the last reset date. Resets will occur automatically unless such automatic resets are or have been terminated. On the Valuation Day we reset your benefit, we will: (a) reset the Withdrawal Factor to 100% of the Withdrawal Factor established as of the date of first withdrawal; (b) reset the Rider Death Benefit to the lesser of (i) the total premium payments less Gross Withdrawals and (ii) current Contract Value; 89 (c) reset the Withdrawal Base to your Contract Value; (d) reset the Investment Strategy to the current Investment Strategy; and (e) reset the charge for this rider (the new charge, which may be higher than your previous charge, will never exceed 2.00%). Effective on and after July 15, 2019, the charge for Lifetime Income Plus 2007 increased, on an annual basis, to 1.25% upon reset of the Withdrawal Base. The rider charge increase applies to both single Annuitant and Joint Annuitant contracts regardless of the date the contract was issued. If you are potentially impacted, you will receive written notice in advance of your contract anniversary informing you of your options as well as a discussion of certain circumstances in which a reset would not be in your best interest. If your rider is scheduled to automatically reset, you will have the opportunity to opt-out of the automatic reset and resulting rider charge increase. If you have to request a manual reset, you will have the opportunity to reset and, if you reset, incur the higher rider charge. We reserve the right to discontinue sending written notice of the potential impact of a reset after we send you the first notice. As noted above, if there is an automatic reset, your Withdrawal Base will be increased to your Contract Value. The Withdrawal Base, however, is just one element used to calculate your Withdrawal Limit. If your Withdrawal Base resets but your Roll-Up Value is higher than your Withdrawal Base on the date of reset, the Roll-Up Value will be used to determine your Withdrawal Limit, but you will be assessed a rider charge of 1.25% because of the reset of the Withdrawal Base. In this circumstance, if your rider fee was less than 1.25% before the reset, you will pay a higher rider fee for a benefit that you would have received even without the reset. Any change to the charge or to the required Investment Strategy for this rider will be communicated to you in writing prior to the contract anniversary date. Upon reset, these changes will apply. The reset provision is not available on or after the latest permitted Maturity Date. Automatic resets will continue until and unless: (a) the owner (or owners) submits a written request to our Home Office to terminate automatic resets (such a request must be received at least 15 days prior to the contract anniversary date); (b) the Investment Strategy is violated; (c) the Investment Strategy changes, allocations are affected, and we do not receive confirmation of new allocations from you at our Home Office; (d) income payments begin via annuitization; or (e) ownership of the contract changes. If automatic resets have terminated, you may later reinstate automatic resets for any future contract anniversary by submitting a written request to our Home Office to do so; provided you are following the Investment Strategy and income payments have not begun. Please note that an automatic reset will occur on a contract anniversary if contract value is even nominally higher than the Withdrawal Base (e.g., as little as $1.00 or even $0.01 higher) and, therefore, an automatic reset may not be in your best interest because: (i) the charge for this rider may be higher than your previous charge and (ii) the Investment Strategy will be reset to the current Investment Strategy (the Investment Strategy offered on the reset date). Please carefully consider the impact of automatic resets when you elect Lifetime Income Plus 2007 and while the rider is in effect. Withdrawals. If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is in excess of the Withdrawal Limit, your Withdrawal Base, Rider Death Benefit and Roll-Up Value are reduced. The new Withdrawal Base equals the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and (b) is the prior Withdrawal Base minus the Gross Withdrawal. The new Rider Death Benefit equals the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and (b) is the prior Rider Death Benefit minus the Gross Withdrawal. The new Roll-Up Value will be zero. Additional premium payments will not increase the Roll-Up Value. If the total Gross Withdrawals in a Benefit Year are less than or equal to the Withdrawal Limit, we will waive any surrender charge on such total Gross Withdrawals. If all Contract Value is allocated to the Investment Strategy, the Withdrawal Limit will be increased for any Benefit Year to the extent necessary to meet any minimum distribution requirements based on life expectancy under federal tax law. This increase applies only to the required minimum distribution based on the Contract Value. 90 You should carefully consider when to begin taking withdrawals if you elected Lifetime Income Plus 2007. The longer you wait before beginning to take withdrawals, the higher the Withdrawal Factor will be, which is one of the components used to determine the amount of your Withdrawal Limit. If you delay taking withdrawals too long, however, you may limit the number of years available for you to take withdrawals in the future (due to life expectancy) and you may be paying for a benefit you are not using. Your Contract Value after taking a withdrawal may be less than the amount required to keep your contract in effect. In this event, or if your Contract Value is reduced to $100, the following will occur: . If the Withdrawal Limit is less than $100, we will pay you the greatest of the Rider Death Benefit, the Contract Value and the present value of the Withdrawal Limit in a lump sum, calculated using the Annuity 2000 Mortality Table and an interest rate of 3%. . If the Withdrawal Limit is greater than or equal to $100, we will begin income payments. We will make payments of a fixed amount for the life of the Annuitant or, if there are Joint Annuitants, the last surviving Annuitant. The fixed amount payable annually will equal the most recently calculated Withdrawal Limit. We will make payments monthly or on another periodic basis agreed by us. If the monthly amount is less than $100, we will reduce the frequency so that the payment will be at least $100. The Rider Death Benefit will continue under this provision. The Rider Death Benefit will be reduced by each payment. The Rider Death Benefit, if any, will be payable on the death of the last surviving Annuitant. Death Provisions. At the death of the last surviving Annuitant, a death benefit may be payable under this contract and rider. The amount of any death benefit payable will be the greatest of (a), (b) and (c), where: (a) is the death benefit as calculated under the base Contract; (b) is the Rider Death Benefit; and (c) is any amount payable by any other optional death benefit rider. The death benefit payable will be paid according to the distribution rules under the contract. If the designated beneficiary is a surviving spouse who is not an Annuitant, whose age is 45 through 80, and who elects to continue the contract as the new owner, this rider will continue. The Withdrawal Base and Roll-Up Value for the new owner will be the death benefit determined as of the first Valuation Day we receive at our Home Office due proof of death and all required forms. The Withdrawal Factor for the new owner will be based on the age of that owner on the date of the first Gross Withdrawal for that owner. If the designated beneficiary is a surviving spouse who is an Annuitant and who elects to continue the contract as the owner, this rider will continue. The Withdrawal Base and Roll-Up Value will be the same as it was under the contract for the deceased owner. If no withdrawals were taken prior to the first Valuation Day we receive due proof of death and all required forms at our Home Office, the Withdrawal Factor for the surviving spouse will be established based on the attained age of the surviving spouse on the date of the first Gross Withdrawal for the surviving spouse. Otherwise, the Withdrawal Factor will continue as it was under the contract for the deceased Owner. If the surviving spouse cannot continue the rider, the rider and the rider charge will terminate on the next contract anniversary. Proceeds that were transferred to the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund upon the death of the owner will be reallocated to the Investment Strategy, if applicable, and the asset percentages then in effect at the time of the death of the owner. Such reallocations will not be counted as a transfer for the purpose of the number of transfers allowed under the contract in a calendar year. Rider Death Benefit. This rider provides for a death benefit (the "Rider Death Benefit") that, on the Contract Date, is equal to the initial premium payment. The Rider Death Benefit is used to determine the death benefit, if any, payable upon the death of the last surviving Annuitant as described in the "Death Provisions" section above. Premium payments applied to your contract in a Benefit Year increase the Rider Death Benefit. If you have allocated all assets to the Investment Strategy from the Benefit Date, any subsequent premium payment will be added to the Rider Death Benefit. Otherwise, the Rider Death Benefit will be increased only by 50% of the premium payment. Gross Withdrawals in a Benefit Year decrease the Rider Death Benefit. If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is less than or equal to the Withdrawal Limit, the Rider Death Benefit will be reduced by the Gross Withdrawal. If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is in excess of the Withdrawal Limit, your Rider Death Benefit will equal the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and 91 (b) is the prior Rider Death Benefit minus the Gross Withdrawal. If you choose not to follow the Investment Strategy, your Rider Death Benefit will be reduced as described in the "Impact of Violating the Investment Strategy on the Withdrawal Factor and Rider Death Benefit" provision above. Considerations. While the rider is designed to provide life-time withdrawal benefits, these benefits are only guaranteed to the extent you comply with the limits, conditions and restrictions set forth in the contract. Rider Charge. We assess a charge for the guaranteed minimum withdrawal benefit provided by the rider. The charge for Lifetime Income Plus 2007 for those contracts that reset their Withdrawal Base on or after July 15, 2019 is equal to 1.25% of the daily net assets in the Separate Account for both single Annuitant and Joint Annuitant contracts. The charge for Lifetime Income Plus 2007 for those contracts that have not reset their Withdrawal Base on or after July 15, 2019 is equal to 0.75% of the daily net assets in the Separate Account for single Annuitant contracts and 0.85% of the daily net assets in the Separate Account for Joint Annuitant contracts. Once a contract is a Joint Annuitant contract, and the Joint Annuitant charge is applied, the Joint Annuitant rider charge will continue while the rider is in effect. The deduction for the rider charge from the Separate Account is reflected in your Contract Value. The charge for this rider continues even if you do not allocate assets in accordance with the prescribed Investment Strategy and the benefits you are eligible to receive are reduced. If you reset your benefit and allocate assets in accordance with the prescribed Investment Strategy available at that time, we will reset the charge for the rider, which may be higher than your previous charge, but will never exceed an annualized rate of 2.00% of your daily net assets in the Separate Account. Please note that you will begin paying the rider charge as of the date the rider takes effect, even if you do not begin taking withdrawals under the rider for many years, or ever. We will not refund the charges you have paid under the rider if you never choose to take withdrawals and/or if you never receive any payments under the rider. When the Rider is Effective If available, Lifetime Income Plus 2007 must be elected at application. The rider will remain in effect while the contract is in force and before the Maturity Date. The rider may not be terminated prior to the Maturity Date. On the Maturity Date, the rider, and the benefits you are eligible to receive thereunder, will terminate. At any time before the Maturity Date, you can elect to annuitize under current annuity rates in lieu of continuing Lifetime Income Plus 2007. This may provide a higher income amount and/or more favorable tax treatment than payments made under this rider. Change of Ownership We must approve any assignment or sale of this contract unless the assignment is a court ordered assignment. General Provisions For purposes of this rider: . A non-natural entity owner must name an Annuitant and may name the Annuitant's spouse as a Joint Annuitant. . An individual owner must also be an Annuitant and may name his or her spouse as a Joint Annuitant at issue. . A joint owner must be the owner's spouse. . If you marry after issue, you may add your spouse as a joint owner and Joint Annuitant or as a Joint Annuitant only, subject to our approval. . Under federal tax law, all contract provisions relating to spousal continuation are available only to a person who meets the definition of "spouse" under federal law. The U.S. Supreme Court has held that same-sex marriages must be permitted under state law and that marriages recognized under state law will be recognized for federal law purposes. Domestic partnerships and civil unions that are not recognized as legal marriages under state law, however, will not be treated as marriages under federal law. Consult a tax adviser for more information on this subject. Civil union partners are not permitted to continue the contract without taking required distributions upon the death of an owner. Therefore, even if named a joint owner/Joint Annuitant, a civil union partner will have to take required distributions upon the death of the other joint owner/Joint Annuitant. See the "Distribution Rules" provision of this prospectus. If this situation applies to you, you should consult a tax adviser. 92 Examples The following examples show how Lifetime Income Plus 2007 works based on hypothetical values. The examples are for illustrative purposes only and are not intended to depict investment performance of the contract and, therefore, should not be relied upon in making a decision to invest in the rider or contract. This example assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000; (2) a bonus credit of $5,000 (5% of $100,000) is applied to the contract; (3) the owner makes no additional premium payments; (4) all Contract Value is allocated in accordance with the prescribed Investment Strategy at all times; (5) the owner is age 62 at issue, waits 8 years to take a withdrawal, and has a Withdrawal Factor of 6%; (6) the Roll-Up Value increases until age 70; (7) the contract earns a net return of -2%; (8) the owner takes partial withdrawals equal to the Withdrawal Limit (which is the Withdrawal Factor multiplied by the greater of the Contract Value as of the prior contract anniversary, the Withdrawal Base and the Rollup Value) for the rest of the owner's life; and (9) the owner dies upon reaching age 90.

Withdrawals Withdrawal Rider Death Age - Contract Value - Taken - Contract Value - Base - Roll-Up Value - Benefit - End of Year Beginning of Year End of Year End of Year End of Year End of Year End of Year -------------------------------------------------------------------------------------------------- 63 $105,000 -- $102,900 $100,000 $105,000 $102,900 64 102,900 -- 100,842 102,900 110,000 100,842 65 100,842 -- 98,825 102,900 115,000 100,000 66 98,825 -- 96,849 102,900 120,000 100,000 67 96,849 -- 94,912 102,900 125,000 100,000 68 94,912 -- 93,013 102,900 130,000 100,000 69 93,013 -- 91,153 102,900 135,000 100,000 70 91,153 $8,400 80,930 102,900 140,000 90,597 71 80,930 8,400 70,912 102,900 140,000 81,001 72 70,912 8,400 61,093 102,900 140,000 71,210 73 61,093 8,400 51,471 102,900 140,000 61,220 74 51,471 8,400 42,042 102,900 140,000 51,025 75 42,042 8,400 32,801 102,900 140,000 40,622 76 32,801 8,400 23,745 102,900 140,000 30,007 77 23,745 8,400 14,870 102,900 140,000 19,175 78 14,870 8,400 6,148 102,900 140,000 8,103 79 6,148 8,400 -- 102,900 140,000 -- 80 -- 8,400 -- 102,900 140,000 -- 81 -- 8,400 -- 102,900 140,000 -- 82 -- 8,400 -- 102,900 140,000 -- 83 -- 8,400 -- 102,900 140,000 -- 84 -- 8,400 -- 102,900 140,000 -- 85 -- 8,400 -- 102,900 140,000 -- 86 -- 8,400 -- 102,900 140,000 -- 87 -- 8,400 -- 102,900 140,000 -- 88 -- 8,400 -- 102,900 140,000 -- 89 -- 8,400 -- 102,900 140,000 -- 90 -- 8,400 -- 102,900 140,000 -- --------------------------------------------------------------------------------------------------

93 This next example assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000; (2) a bonus credit of $5,000 (5% of $100,000) is applied to the contract; (3) the owner makes no additional premium payments; (4) all Contract Value is allocated in accordance with the prescribed Investment Strategy at all times; (5) the owner is age 77 at issue, waits 5 years to take a withdrawal, and has a Withdrawal Factor of 7%; (6) the Roll-Up Value increases for 5 years; (7) the contract earns a net return of -2%; (8) the owner takes partial withdrawals equal to the Withdrawal Limit (which is the Withdrawal Factor multiplied by the greater of the Contract Value as of the prior contract anniversary, the Withdrawal Base and the Rollup Value) for the rest of the owner's life; and (9) the owner dies upon reaching age 90.

Withdrawals Withdrawal Rider Death Age - Contract Value - Taken - Contract Value - Base - Roll-Up Value - Benefit - End of Year Beginning of Year End of Year End of Year End of Year End of Year End of Year -------------------------------------------------------------------------------------------------- 78 $105,000 -- $102,900 $100,000 $105,000 $102,900 79 102,900 -- 100,842 102,900 110,000 100,842 80 100,842 -- 98,825 102,900 115,000 100,000 81 98,825 -- 96,849 102,900 120,000 100,000 82 96,849 $8,750 86,162 102,900 125,000 90,781 83 86,162 8,750 75,688 102,900 125,000 81,374 84 75,688 8,750 65,425 102,900 125,000 71,774 85 65,425 8,750 55,366 102,900 125,000 61,979 86 55,366 8,750 45,509 102,900 125,000 51,984 87 45,509 8,750 35,849 102,900 125,000 41,785 88 35,849 8,750 26,382 102,900 125,000 31,378 89 26,382 8,750 17,104 102,900 125,000 20,759 90 17,104 8,750 7,987 102,900 125,000 9,906 --------------------------------------------------------------------------------------------------

94 This next example assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000; (2) a bonus credit of $5,000 (5% of $100,000) is applied to the contract; (3) the owner makes no additional premium payments; (4) all Contract Value is allocated in accordance with the prescribed Investment Strategy at all times; (5) the owner is age 65 at issue and has a Withdrawal Factor of 5.5%; (6) the Roll-Up Value increases for 1 year; (7) the contract earns a net return of 8%; (8) the owner takes partial withdrawals equal to the Withdrawal Limit (which is the Withdrawal Factor multiplied by the greater of the Contract Value as of the prior contract anniversary, the Withdrawal Base and the Rollup Value) for the rest of the owner's life; (9) the Withdrawal Base is systematically reset annually on the contract anniversary; and (10) the owner dies upon reaching age 90.

Withdrawals Withdrawal Rider Death Age - Contract Value - Taken - Contract Value - Base - Roll-Up Value - Benefit - End of Year Beginning of Year End of Year End of Year End of Year End of Year End of Year -------------------------------------------------------------------------------------------------- 66 $105,000 $ 5,775 $107,625 $100,000 $105,000 $107,625 67 107,625 5,919 110,316 107,625 105,000 110,316 68 110,316 6,067 113,074 110,316 105,000 113,074 69 113,074 6,219 115,900 113,074 105,000 115,900 70 115,900 6,375 118,798 115,900 105,000 118,798 71 118,798 6,534 121,768 118,798 105,000 121,768 72 121,768 6,697 124,812 121,768 105,000 124,812 73 124,812 6,865 127,932 124,812 105,000 127,932 74 127,932 7,036 131,131 127,932 105,000 131,131 75 131,131 7,212 134,409 131,131 105,000 134,409 76 134,409 7,392 137,769 134,409 105,000 137,769 77 137,769 7,577 141,213 137,769 105,000 141,213 78 141,213 7,767 144,744 141,213 105,000 144,744 79 144,744 7,961 148,362 144,744 105,000 148,362 80 148,362 8,160 152,071 148,362 105,000 152,071 81 152,071 8,364 155,873 152,071 105,000 155,873 82 155,873 8,573 159,770 155,873 105,000 159,770 83 159,770 8,787 163,764 159,770 105,000 163,764 84 163,764 9,007 167,858 163,764 105,000 167,858 85 167,858 9,232 172,055 167,858 105,000 172,055 86 172,055 9,463 176,356 172,055 105,000 176,356 87 176,356 9,700 180,765 176,356 105,000 180,765 88 180,765 9,942 185,284 180,765 105,000 185,284 89 185,284 10,191 189,916 185,284 105,000 189,916 90 189,916 10,445 194,664 189,916 105,000 194,664 --------------------------------------------------------------------------------------------------

95 Lifetime Income Plus Lifetime Income Plus provides guaranteed withdrawals for the life of the Annuitant(s), at least equal to premium payments, with upside potential, provided you meet certain conditions. If you: . allocate all Contract Value to the prescribed Investment Strategy; and . limit total Gross Withdrawals in each Benefit Year to an amount no greater than the Withdrawal Limit; then you will be eligible to receive total Gross Withdrawals in each Benefit Year equal to the Withdrawal Limit until the last death of an Annuitant. For important information about the Investment Strategy, please see the "Investment Strategy for Lifetime Income Plus and Lifetime Income Plus 2007" provision below. The guaranteed minimum withdrawal benefit provided under the rider may be reduced or lost based on the withdrawals you take from the contract. For example, your guaranteed minimum withdrawal benefit will be reduced if you take excess withdrawals in a Benefit Year. See the "Withdrawals" provision below. Your benefit will also be reduced if you choose not to follow the Investment Strategy. See the "Impact of Violating the Investment Strategy on the Withdrawal Factor and Rider Death Benefit" provision below. You will also lose the guaranteed minimum withdrawal benefit if you annuitize or surrender the contract. In addition, you will no longer receive lifetime payments of your guaranteed minimum withdrawal benefit if (i)(a) after a withdrawal, your Contract Value is less than the amount required to keep your contract in effect or (b) your Contract Value is reduced to $0 and (ii) your Withdrawal Limit is less than $100. Instead, you could receive, at least, a lump sum equal to the present value of future lifetime payments in the amount of the Withdrawal Limit. The Rider Death Benefit provided under the rider, if elected, will be reduced and may be lost based on withdrawals you take from the contract. Your benefit will also be reduced if you choose not to follow the Investment Strategy. See the "Impact of Violating the Investment Strategy on the Withdrawal Factor and Rider Death Benefit" provision below. You will also lose the Rider Death Benefit if you annuitize or surrender the contract. Lifetime Income Plus is not available for contracts issued on or after May 1, 2008. Withdrawal Limit. The Withdrawal Limit is calculated on each Valuation Day. The Withdrawal Limit is (a) multiplied by (b) where: (a) is the greater of the Contract Value on the prior contract anniversary and the Withdrawal Base; and (b) is the Withdrawal Factor. Withdrawal Base. The Withdrawal Base is an amount used to establish the Withdrawal Limit. The Withdrawal Factor is established based on the attained age of the younger Annuitant on the earlier of the Valuation Day of the first Gross Withdrawal and the Valuation Day when the Contract Value is reduced to zero. Your initial Withdrawal Base is equal to your initial premium payment received and is adjusted when any subsequent premium payment is received, as described in the "Premium Payments" provision. Premium Payments. Any premium payment applied to your contract will adjust your Withdrawal Base and your Rider Death Benefit. Please note that we do not consider Bonus Credits as "premium payments" for purposes of the contract and this rider. Therefore, any applicable Bonus Credit will not be included in the Withdrawal Base or the Rider Death Benefit. You will have to reset your benefit under the terms of the rider to capture the Bonus Credit or any related earnings in the Withdrawal Base. In order to obtain the full benefit provided by this rider, you must allocate all assets to the prescribed Investment Strategy since the Benefit Date. If you have allocated all assets to the prescribed Investment Strategy since the Benefit Date, any subsequent premium payment will be added to the Withdrawal Base and the Rider Death Benefit. If you have not allocated all assets to the prescribed Investment Strategy, the Withdrawal Base still will be increased by the amount of the premium payment, but the Rider Death Benefit will be increased only by 50% of the premium payment. Important Note. We reserve the right to not adjust the Withdrawal Base and/or the Rider Death Benefit for any subsequent premium payments received. As a result, it is possible that you would not be able to make subsequent premium payments after the initial premium payment to take advantage of the benefits provided by Lifetime Income Plus that would be associated with such additional premium payments. For example, if you make premium payments that are not included in the calculation of your Withdrawal Base or the Rider Death Benefit, you will pay a higher rider charge to the extent that the premium payments increase the Contract Value upon which the charge is imposed. Also, to the extent your Contract Value is increased by such premium payments, you 96 are less likely to realize any benefit under Lifetime Income Plus, because it is less likely that your Contract Value will be less than the Withdrawal Base. Bonus Credits will have a similar effect on your contract because they increase Contract Value but do not adjust the Withdrawal Base or the Rider Death Benefit when they are applied to the contract. Before making premium payments that do not increase the Withdrawal Base or Rider Death Benefit, you should consider that: (i) the guaranteed amounts provided by the Withdrawal Base and the Rider Death Benefit will not include such premium payments or Bonus Credits; (ii) any such premium payments or Bonus Credits make it less likely that you will receive a benefit in the form of an additional amount even if your Contract Value has declined; and (iii) this rider may not make sense for you if you intend to make premium payments that will not increase the Withdrawal Base and the Rider Death Benefit. Impact of Violating the Investment Strategy on the Withdrawal Factor and Rider Death Benefit. Beginning on the first Valuation Day after you choose not to follow the Investment Strategy, your Withdrawal Factor and Rider Death Benefit will be reduced by 50%. You may elect to resume participation in the Investment Strategy, as described in the "Restoration or Reset of the Benefit" provision below, provided we receive notice of your election at our Home Office in a form acceptable to us. We will not reduce your Withdrawal Factor or Rider Death Benefit if you are not following the Investment Strategy due to a Portfolio liquidation or a Portfolio dissolution and the assets are transferred from the liquidated or dissolved Portfolio to another Portfolio. Restoration or Reset of the Benefit Restoration. If your Withdrawal Factor and Rider Death Benefit have been reduced because you have not allocated all assets to the prescribed Investment Strategy, you will have a one-time opportunity to restore your Withdrawal Factor and Rider Death Benefit. Reset. If all of the Annuitants are ages 50 through 80, you may choose to reset your Withdrawal Base on an annual anniversary of the Contract Date that is at least 12 months after the later of the Contract Date and the last reset date. If you do reset your Withdrawal Base, as of that date, we will: . reset the Withdrawal Base to your Contract Value; . reset the charge for this rider. The new charge, which may be higher than your previous charge, will never exceed 2.00% annually; and . reset the Investment Strategy to the current Investment Strategy. Effective on and after July 15, 2019, the charge for Lifetime Income Plus increased, on an annual basis, to 1.25% upon reset of the Withdrawal Base. The rider charge increase applies to both single Annuitant and Joint Annuitant contracts regardless of the date the contract was issued. If you are potentially impacted, you will receive written notice in advance of your contract anniversary informing you of your options as well as a discussion of certain circumstances in which a reset would not be in your best interest. If your rider is scheduled to systematically reset, you will have the opportunity to opt-out of the systematic reset and resulting rider charge increase. If you have to request a manual reset, you will have the opportunity to reset and, if you reset, incur the higher rider charge. We reserve the right to discontinue sending written notice of the potential impact of a reset after we send you the first notice. 97 There are similarities as well as distinct differences between restoring your Withdrawal Factor and resetting your Withdrawal Base and Withdrawal Factor. The following provides a comparison of those similarities and differences:

Restore Provision Reset Provision --------------------------------------------------------------------------------- You may restore on a contract You may reset on a contract anniversary anniversary once during the life of periodically after your Benefit Date. this rider. --------------------------------------------------------------------------------- You must allocate all assets to the You must allocate all assets to the prescribed Investment Strategy in prescribed Investment Strategy effect as of the last Benefit Date available as of the date of the reset. prior to the reduction in benefits. --------------------------------------------------------------------------------- Your rider charge assessed will remain Your rider charge may increase, not to the same as the charge that was in exceed an annualized rate of 2.00% of effect as of your last Benefit Date assets in the Separate Account, prior to the reduction in benefits. calculated on a daily basis. --------------------------------------------------------------------------------- Your Withdrawal Base will be the lesser Your Withdrawal Base will be reset to of the current Contract Value and your equal your Contract Value as of the prior Withdrawal Base. date you reset your benefit. --------------------------------------------------------------------------------- The Withdrawal Factor will be restored The Withdrawal Factor will be reset to to 100% of the original age Withdrawal 100% of the original age Withdrawal Factor. Factor. --------------------------------------------------------------------------------- The Rider Death Benefit will be the The Rider Death Benefit will be the lesser of Contract Value and total lesser of Contract Value and total premium payments less Gross Withdrawals. premium payments less Gross Withdrawals. ---------------------------------------------------------------------------------

For either a restoration of your Withdrawal Factor, or a reset of your Withdrawal Base, we must receive notice of your election in writing at our Home Office, at least 15 days prior to your next contract anniversary. You may restore your Withdrawal Factor and Rider Death Benefit once during the life of your contract. You may not use the restore or reset provision if any Annuitant is older than age 80 on the contract anniversary. We reserve the right to limit the restoration date to a contract anniversary on or after three complete years from the Benefit Date. Systematic Resets. You may elect to reset your Withdrawal Base automatically on an available contract anniversary (a "systematic reset"). If you have not previously elected to systematically reset your benefit, or if your election has terminated, we must receive written notice of your election to systematically reset your benefit at our Home Office at least 15 days prior to your next contract anniversary. A systematic reset of your Withdrawal Base will occur when your contract value is higher than the Withdrawal Base as of the available contract anniversary or, if the contract anniversary is not a Valuation Day, as of the next Valuation Day. By "available contract anniversary" we mean a contract anniversary on which you are eligible to reset your benefit, as such requirements (age and otherwise) are described herein. Systematic resets will continue until and unless: (a) the Investment Strategy is violated; (b) the owner (or owners) submits a written request to our Home Office to terminate systematic resets; (c) income payments begin via annuitization; (d) the Investment Strategy changes, allocations are affected, and we do not receive confirmation from you at our Home Office of new allocations; or (e) ownership changes. Please note that a systematic reset will occur on an available contract anniversary if contract value is even nominally higher than the Withdrawal Base (e.g., as little as $1.00 or even $0.01 higher) and, therefore, a systematic reset may not be in your best interest because: (i) the charge for this rider may be higher than your previous charge; and (ii) the Investment Strategy will be reset to the current Investment Strategy (the Investment Strategy offered on the reset date). Please carefully consider whether it is in your best interest to elect to systematically reset your Withdrawal Base. Withdrawals. If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is in excess of the Withdrawal Limit, your Withdrawal Base and Rider Death Benefit are reduced. The new Withdrawal Base equals the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and (b) is the prior Withdrawal Base minus the Gross Withdrawal. The new Rider Death Benefit equals the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and 98 (b) is the prior Rider Death Benefit minus the Gross Withdrawal. If the total Gross Withdrawals in a Benefit Year are less than or equal to the Withdrawal Limit, we will waive any surrender charge on such total Gross Withdrawals. If all Contract Value is allocated to the Investment Strategy, the Withdrawal Limit will be increased for any Benefit Year to the extent necessary to meet any minimum distribution requirements based on life expectancy under federal tax law. This increase applies only to the required minimum distribution based on the Contract Value. You should carefully consider when to begin taking withdrawals if you elected Lifetime Income Plus. The longer you wait before beginning to take withdrawals, the higher the Withdrawal Factor will be, which is one of the components used to determine the amount of your Withdrawal Limit. If you delay taking withdrawals too long, however, you may limit the number of years available for you to take withdrawals in the future (due to life expectancy) and you may be paying for a benefit you are not using. Your Contract Value after taking a withdrawal may be less than the amount required to keep your contract in effect. In this event, or if your Contract Value becomes zero, your contract, all riders and endorsements, including this rider, will terminate and the following will occur: . If the Withdrawal Limit is less than $100, we will pay you the greatest of the Rider Death Benefit, the Contract Value and the present value of the Withdrawal Limit in a lump sum calculated using the Annuity 2000 Mortality Table and an interest rate of 3%. . If the Withdrawal Limit is greater than or equal to $100, we will issue you a supplemental contract. We will continue to pay you the Withdrawal Limit until the last death of an Annuitant. We will make payments monthly or on another periodic basis agreed to by us. If the monthly amount is less than $100, we will reduce the frequency, to no less than annually, so that the payment will be at least $100. The Rider Death Benefit will continue under the supplemental contract. The Rider Death Benefit will be reduced by each payment made under the supplemental contract. The Rider Death Benefit, if any, will be payable on the last death of an Annuitant. Rider Death Benefit. This rider provides for a death benefit (the "Rider Death Benefit") that, on the Contract Date, is equal to the initial premium payment. The Rider Death Benefit is used to determine the death benefit payable upon the death of the last Annuitant as described in the "Death Provisions" section below. Premium payments applied to your contract in a Benefit Year increase the Rider Death Benefit. If you have allocated all assets to the Investment Strategy since the Benefit Date, any subsequent premium payment will be added to the Rider Death Benefit. Otherwise, the Rider Death Benefit will be increased only by 50% of the premium payment. Gross Withdrawals in a Benefit Year decrease the Rider Death Benefit. If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is less than or equal to the Withdrawal Limit, the Rider Death Benefit will be reduced by the Gross Withdrawal. If a Gross Withdrawal plus all prior Gross Withdrawals in a Benefit Year is in excess of the Withdrawal Limit, your Rider Death Benefit will equal the lesser of (a) and (b), where: (a) is the Contract Value on the Valuation Day after the Gross Withdrawal; and (b) is the prior Rider Death Benefit minus the Gross Withdrawal. If you choose not to follow the Investment Strategy, your Rider Death Benefit will be reduced as described in the "Impact of Violating the Investment Strategy on the Withdrawal Factor and Rider Death Benefit" provision above. Rider Charge. We assess a charge for the guaranteed minimum withdrawal benefit provided by the rider. The charge for Lifetime Income Plus for those contracts that reset their Withdrawal Base on or after July 15, 2019 is equal to 1.25% of the daily net assets in the Separate Account for both single Annuitant and Joint Annuitant contracts. The charge for Lifetime Income Plus for those contracts that have not reset their Withdrawal Base on or after July 15, 2019 is equal to 0.60% of the daily net assets in the Separate Account for single Annuitant contracts and 0.75% of the daily net assets in the Separate Account for Joint Annuitant contracts. Once a contract is a Joint Annuitant contract, and the Joint Annuitant charge is applied, the Joint Annuitant rider charge will continue while the rider is in effect. The deduction for the rider charge from the Separate Account is reflected in your Contract Value. The charge for this rider continues even if you do not allocate assets in accordance with the prescribed Investment Strategy and the benefits you are eligible to receive are reduced. If you reset your benefit and allocate assets in accordance with the prescribed Investment Strategy available at that time, we will reset the charge for the rider, which may be higher than your previous charge, but will never exceed an annualized rate of 2.00% of your daily net assets in the Separate Account. 99 Please note that you will begin paying the rider charge as of the date the rider takes effect, even if you do not begin taking withdrawals under the rider for many years, or ever. We will not refund the charges you have paid under the rider if you never choose to take withdrawals and/or if you never receive any payments under the rider. Considerations. While the rider is designed to provide life-time withdrawal benefits, these benefits are only guaranteed to the extent you comply with the limits, conditions and restrictions set forth in the contract. When the Rider is Effective Lifetime Income Plus must be elected at application. Lifetime Income Plus is not available for contracts issued on or after May 1, 2008. The rider will remain in effect while the contract is in force and before the Maturity Date. The rider may not be terminated prior to the Maturity Date. On the Maturity Date, the rider, and the benefits you are eligible to receive thereunder, will terminate. At any time before the Maturity Date, you can elect to annuitize under current annuity rates in lieu of continuing Lifetime Income Plus. This may provide a higher income amount and/or more favorable tax treatment than payments made under this rider. Change of Ownership We must approve any assignment or sale of this contract unless the assignment is a court ordered assignment. General Provisions For purposes of this rider: . A non-natural entity owner must name an Annuitant and may name the Annuitant's spouse as a Joint Annuitant. . An individual owner must also be an Annuitant. . You may name only your spouse as a joint owner. . If there is only one owner, that owner may name only his or her spouse as a Joint Annuitant at issue. . If you marry after issue, you may add your spouse as a joint owner and Joint Annuitant or as a Joint Annuitant only, subject to our approval. . Under federal tax law, all contract provisions relating to spousal continuation are available only to a person who meets the definition of "spouse" under federal law. The U.S. Supreme Court has held that same-sex marriages must be permitted under state law and that marriages recognized under state law will be recognized for federal law purposes. Domestic partnerships and civil unions that are not recognized as legal marriages under state law, however, will not be treated as marriages under federal law. Consult a tax adviser for more information on this subject. Civil union partners are not permitted to continue the contract without taking required distributions upon the death of an owner. Therefore, even if named a joint owner/Joint Annuitant, a civil union partner will have to take required distributions upon the death of the other joint owner/Joint Annuitant. See the "Distribution Rules" provision of this prospectus. If this situation applies to you, you should consult a tax adviser. Death Provisions At the death of the last Annuitant, a death benefit may be payable under this contract and rider. The amount of any death benefit payable will be the greatest of (a), (b) and (c), where: (a) is the death benefit as calculated under the base Contract; (b) is the Rider Death Benefit; and (c) is any amount payable by any other optional death benefit rider. The death benefit payable will be paid according to the distribution rules under the contract. If the designated beneficiary is a surviving spouse who is not an Annuitant, whose age is 50 through 80, and who elects to continue the contract as the new owner, this rider will continue. The Withdrawal Base for the new owner will be the death benefit determined as of the first Valuation Day we have receipt of due proof of death and all required forms at our Home Office. The Withdrawal Factor for the new owner will be based on the age of that owner on the date of the first Gross Withdrawal for that owner. If the designated beneficiary is a surviving spouse who is an Annuitant and who elects to continue the contract as the owner, this rider will continue. The Withdrawal Base will be the same as it was under the contract for the deceased owner. If no withdrawals were taken prior to the first Valuation Day we receive due proof of death and all required forms at our Home Office, the Withdrawal Factor for the surviving spouse will be established based on the attained age of the surviving spouse on the date of the first Gross Withdrawal for the surviving spouse. Otherwise, the Withdrawal Factor will continue as it was under the contract for the deceased Owner. If the surviving spouse cannot continue the rider, the rider and the rider charge will terminate on the next contract anniversary. Proceeds that were transferred to the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund upon the death of the owner will be reallocated to the Investment Strategy, if applicable, and the asset percentages then in effect at the time of the death of the owner. Such reallocations will not be counted as a transfer for the purpose of the number of transfers allowed under the contract in a calendar year. 100 Examples The following examples show how Lifetime Income Plus works based on hypothetical values. The examples are for illustrative purposes only and are not intended to depict investment performance of the contract and, therefore, should not be relied upon in making a decision to invest in the rider or contract. This example assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000; (2) a bonus credit of $5,000 (5% of $100,000) is applied to the contract; (3) the owner makes no additional premium payments; (4) all Contract Value is allocated in accordance with the prescribed Investment Strategy at all times; (5) the owner is age 65 at issue and has a Withdrawal Factor of 5.5%; (6) the contract earns a net return of -2%; (7) the owner takes partial withdrawals equal to the Withdrawal Limit (which is the Withdrawal Factor multiplied by the greater of the Contract Value as of the prior contract anniversary and the Withdrawal Base) until the Contract Value reduces to zero, at which time a supplemental contract is issued which pays the Withdrawal Limit for the rest of the owner's life; and (8) the owner dies upon reaching age 90.

Withdrawals Withdrawal Rider Death Contract Value - Taken - Contract Value - Base - Benefit - Age Beginning of Year End of Year End of Year End of Year End of Year -------------------------------------------------------------------------- 65 $105,000 $5,500 $97,400 $100,000 $94,500 66 97,400 5,500 89,952 100,000 89,000 67 89,952 5,500 82,653 100,000 83,500 68 82,653 5,500 75,500 100,000 78,000 69 75,500 5,500 68,490 100,000 72,500 70 68,490 5,500 61,620 100,000 67,000 71 61,620 5,500 54,888 100,000 61,500 72 54,888 5,500 48,290 100,000 56,000 73 48,290 5,500 41,824 100,000 50,500 74 41,824 5,500 35,488 100,000 45,000 75 35,488 5,500 29,278 100,000 39,500 76 29,278 5,500 23,192 100,000 34,000 77 23,192 5,500 17,229 100,000 28,500 78 17,229 5,500 11,384 100,000 23,000 79 11,384 5,500 5,631 100,000 17,500 80 5,631 5,500 0 100,000 12,000 81 0 5,500 0 100,000 6,500 82 0 5,500 0 100,000 1,000 83 0 5,500 0 100,000 0 84 0 5,500 0 100,000 0 85 0 5,500 0 100,000 0 86 0 5,500 0 100,000 0 87 0 5,500 0 100,000 0 88 0 5,500 0 100,000 0 89 0 5,500 0 100,000 0 --------------------------------------------------------------------------

101 This next example assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000; (2) a bonus credit of $5,000 (5% of $100,000) is applied to the contract; (3) the owner makes no additional premium payments; (4) all Contract Value is allocated in accordance with the prescribed Investment Strategy at all times; (5) the owner is age 65 at issue and has a Withdrawal Factor of 5.5%; (6) the contract earns a net return of 8%; (7) the owner takes partial withdrawals equal to the Withdrawal Limit (which is the Withdrawal Factor multiplied by the greater of the Contract Value as of the prior contract anniversary and the Withdrawal Base) for the rest of the owner's life; (8) the owner resets the Withdrawal Base on each contract anniversary; and (9) the owner dies upon reaching age 90.

Withdrawals Withdrawal Rider Death Contract Value - Taken - Contract Value - Base - Benefit - Age Beginning of Year End of Year End of Year End of Year End of Year -------------------------------------------------------------------------- 65 $105,000 $ 5,500 $107,900 $100,000 $94,500 66 107,900 5,935 110,598 107,900 88,566 67 110,598 6,083 113,362 110,598 82,483 68 113,362 6,235 116,196 113,362 76,248 69 116,196 6,391 119,101 116,196 69,857 70 119,101 6,551 122,079 119,101 63,306 71 122,079 6,714 125,131 122,079 56,592 72 125,131 6,882 128,259 125,131 49,710 73 128,259 7,054 131,466 128,259 42,656 74 131,466 7,231 134,752 131,466 35,425 75 134,752 7,411 138,121 134,752 28,014 76 138,121 7,597 141,574 138,121 20,417 77 141,574 7,787 145,114 141,574 12,630 78 145,114 7,981 148,741 145,114 4,649 79 148,741 8,181 152,460 148,741 0 80 152,460 8,385 156,271 152,460 0 81 156,271 8,595 160,178 156,271 0 82 160,178 8,810 164,183 160,178 0 83 164,183 9,030 168,287 164,183 0 84 168,287 9,256 172,494 168,287 0 85 172,494 9,487 176,807 172,494 0 86 176,807 9,724 181,227 176,807 0 87 181,227 9,967 185,758 181,227 0 88 185,758 10,217 190,401 185,758 0 89 190,401 10,472 195,162 190,401 0 --------------------------------------------------------------------------

102 This next example demonstrates the effect of withdrawals exceeding the Withdrawal Limit. It assumes: (1) the owner, who is also the Annuitant, purchases the contract for $100,000; (2) a bonus credit of $5,000 (5% of $100,000) is applied to the contract; (3) the owner makes no additional premium payments; (4) all Contract Value is allocated in accordance with the prescribed Investment Strategy at all times; (5) the owner is age 65 at issue and has a Withdrawal Factor of 5.5%; (6) the contract earns a net return of 8%; (7) the owner takes partial withdrawals equal to $7,000 each year for the rest of the owner's life; (8) the owner resets his Withdrawal Base on each contract anniversary; and (9) the owner dies upon reaching age 90.

Withdrawals Withdrawal Withdrawal Rider Death Contract Value - Taken - Contract Value - Limit - Base - Benefit - Age Beginning of Year End of Year End of Year Before Withdrawal End of Year End of Year -------------------------------------------------------------------------------------------- 65 $105,000 $7,000 $106,400 $ 5,500 $ 93,000 $93,000 66 106,400 7,000 107,912 5,852 99,400 86,000 67 107,912 7,000 109,545 5,935 100,912 79,000 68 109,545 7,000 111,309 6,025 102,545 72,000 69 111,309 7,000 113,213 6,122 104,309 65,000 70 113,213 7,000 115,270 6,227 106,213 58,000 71 115,270 7,000 117,492 6,340 108,270 51,000 72 117,492 7,000 119,891 6,462 110,492 44,000 73 119,891 7,000 122,483 6,594 112,891 37,000 74 122,483 7,000 125,281 6,737 115,483 30,000 75 125,281 7,000 128,304 6,890 118,281 23,000 76 128,304 7,000 131,568 7,057 121,304 16,000 77 131,568 7,000 135,093 7,236 124,568 9,000 78 135,093 7,000 138,901 7,430 128,093 2,000 79 138,901 7,000 143,013 7,640 131,901 0 80 143,013 7,000 147,454 7,866 136,013 0 81 147,454 7,000 152,250 8,110 140,454 0 82 152,250 7,000 157,430 8,374 145,250 0 83 157,430 7,000 163,025 8,659 150,430 0 84 163,025 7,000 169,067 8,966 156,025 0 85 169,067 7,000 175,592 9,299 162,067 0 86 175,592 7,000 182,639 9,658 168,592 0 87 182,639 7,000 190,251 10,045 175,639 0 88 190,251 7,000 198,471 10,464 183,251 0 89 198,471 7,000 207,348 10,916 191,471 0 --------------------------------------------------------------------------------------------

103 Investment Strategy for Lifetime Income Plus and Lifetime Income Plus 2007 In order to receive the full benefit provided by Lifetime Income Plus and Lifetime Income Plus 2007, you must invest all premium payments and allocations in accordance with a prescribed Investment Strategy. If you do not allocate all assets in accordance with a prescribed Investment Strategy, your benefit under the rider will be reduced by 50%. Even if your benefit is reduced, you will continue to pay the full amount charged for the rider. Contract owners that own Lifetime Income Plus 2008 or Lifetime Income Plus Solution must always allocate assets in accordance with the Investment Strategy. The Investment Strategy for Lifetime Income Plus 2008 is discussed above in the "Lifetime Income Plus 2008" provision of this prospectus. The Investment Strategy for Lifetime Income Plus Solution is discussed above in the "Lifetime Income Plus Solution" provision of this prospectus. Investment Strategies may change from time to time. You may allocate your assets in accordance with your Investment Strategy prescribed at the time the contract was issued, or in accordance with the Investment Strategy in effect at the time you reset your benefit. Therefore, you may have assets allocated to an Investment Strategy that is different than the Investment Strategy described in this prospectus. Your ability to choose different Investment Strategies is limited, as described below. The Investment Strategy includes Designated Subaccounts and Asset Allocation Model C. Under this Investment Strategy, contract owners may allocate assets to either Asset Allocation Model C or to one or more Designated Subaccounts. Contract owners may not allocate assets to Asset Allocation Model C and one or more Designated Subaccounts. For more information about Asset Allocation Model C and the Subaccounts comprising Asset Allocation Model C and the Designated Subaccounts, please see the "Subaccounts" and "Asset Allocation Program" provisions of this prospectus. On a monthly basis, we will rebalance your Contract Value to the Subaccounts in accordance with the percentages that you have chosen to invest in the Designated Subaccounts or in accordance with the allocations that comprise Asset Allocation Model C. In addition, we will also rebalance your Contract Value on any Valuation Day after any transaction involving a withdrawal, receipt of a premium payment or a transfer of Contract Value, unless you instruct us otherwise. Shares of a Portfolio may become unavailable under the contract for new premium payments, transfers and asset rebalancing. As a result, shares of a Portfolio may also become unavailable under your Investment Strategy. Investment Strategies may be modified to respond to such events by removing unavailable Portfolios and adding new Portfolios as appropriate. Because such changes may affect your allocation instructions, you will need to provide updated allocation instructions to comply with the modified Investment Strategy. If you do not provide updated allocation instructions, any subsequent premium payments or transfers requesting payment to an unavailable Portfolio will be considered not in good order. Periodic rebalancing to unavailable Portfolios will cease and any imbalances in percentages due to lack of asset rebalancing will not cause a reduction in your benefit. If you request a transfer or send a subsequent premium payment with allocation instructions to a Portfolio that is not part of the prescribed Investment Strategy, we will honor your instructions. Please be aware, however, that your total Contract Value will not be invested in accordance with the prescribed Investment Strategy and the guaranteed amount available for withdrawal will be reduced by 50%, resulting in a reduction in your benefit. You may reset your benefit on the next available reset date as described in the "Restoration or Reset of the Benefit" provision for the applicable Guaranteed Minimum Withdrawal Benefit Rider Option. The current Investment Strategy is as follows: (1) owners may allocate assets to the following Designated Subaccounts: AB Variable Products Series Fund, Inc. -- AB Balanced Wealth Strategy Portfolio -- Class B; AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares (formerly, Oppenheimer Variable Account Funds -- Oppenheimer Conservative Balanced Fund/VA -- Service Shares); AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -- Invesco V.I. Equity and Income Fund -- Series II shares; BlackRock Variable Series Funds, Inc. -- BlackRock Global Allocation V.I. Fund -- Class III; Fidelity Variable Insurance Products Fund -- VIP Balanced Portfolio -- Service Class 2; Janus Aspen Series -- Janus Henderson Balanced Portfolio -- Service Shares; MFS(R) Variable Insurance Trust -- MFS(R) Total Return Series -- Service Class Shares; and/or State Street Variable Insurance Series Funds, Inc. --Total Return V.I.S. Fund -- Class 3 Shares; 104 OR (2) owners may allocate assets to Asset Allocation Model C. DEATH OF OWNER AND/OR ANNUITANT For contracts issued on or after the later of May 1, 2003, or the date on which state insurance authorities approve applicable contract modifications, the following provisions apply: Distribution Provisions Upon Death of Owner or Joint Owner In certain circumstances, federal tax law requires that distributions be made under this contract upon an individual's death. Except as described below in the "Distribution Rules" provisions, a distribution is required upon the death of: (1) an owner or joint owner; or (2) the Annuitant or Contingent Annuitant if any owner or joint owner is a non-natural entity. The amount of proceeds payable upon the death of an owner or joint owner (or the Annuitant or Contingent Annuitant if an owner or joint owner is a non-natural entity) and the methods available for distributing such proceeds are described below. If any owner or joint owner who is not also an Annuitant dies prior to the Maturity Date, the amount of proceeds payable will be the Contract Value as of the first Valuation Day we have receipt of the request for surrender or choice of applicable payment choice, due proof of death and any required forms at our Home Office. Death Benefit at Death of Any Annuitant Before the Maturity Date If the Annuitant dies before the Maturity Date, regardless of whether the Annuitant is also an owner or joint owner, the amount of proceeds payable is the death benefit. Upon receipt at our Home Office of due proof of the Annuitant's death and all required forms (generally, due proof of death is a certified copy of the death certificate or a certified copy of the decree of a court of competent jurisdiction as to the finding of death), a death benefit will be paid in accordance with your instructions, subject to distribution rules and termination of contract provisions discussed in the contract and elsewhere in this prospectus. The death benefit choices we offer are: (1) the Basic Death Benefit; (2) the Annual Step-Up Death Benefit Rider Option; (3) the 5% Rollup Death Benefit Rider Option; (4) the Earnings Protector Death Benefit Rider Option; and (5) the Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider Option. We automatically provide the Basic Death Benefit to you. The death benefit rider options are available to you for an additional charge and the death benefit options must be elected at the time of application. You may elect the Annual Step-Up Death Benefit Rider with Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008 or Lifetime Income Plus Solution at the time of application. You may not elect any of the other optional death benefit riders with Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008 or Lifetime Income Plus Solution. You may elect the Earnings Protector Death Benefit Rider with either the Annual Step-Up Death Benefit Rider or the 5% Rollup Death Benefit Rider. You may not, however, elect the Annual Step-Up Death Benefit Rider and the 5% Rollup Death Benefit Rider together or in any combination. The Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider may not be elected with any other death benefit rider. The death benefit varies based on: (1) the Annuitant's age on the date the contract is issued; (2) the Annuitant's age on the date of his or her death; (3) the number of contract years that elapse from the date the contract is issued until the date of the Annuitant's death; and (4) whether any premium taxes are due at the time the death benefit is paid. Basic Death Benefit The Basic Death Benefit available for all contracts issued is equal to the greater of: (a) premium payments adjusted for any partial surrenders and any applicable premium taxes; and (b) the Contract Value on the Valuation Day upon receipt of due proof of death and all required forms at our Home Office. Partial surrenders (including partial surrenders taken pursuant to the terms of Lifetime Income Plus or Lifetime Income Plus 2007) will reduce the death benefit proportionally by the same percentage that the partial surrender (including any applicable surrender charges and any premium taxes assessed) reduces the Contract Value. Please refer to Appendix A for an example of the calculation of the Basic Death Benefit. 105 Annual Step-Up Death Benefit Rider Option The Annual Step-Up Death Benefit Rider adds an extra feature to the Basic Death Benefit. Under the Annual Step-Up Death Benefit Rider, the amount of death benefit proceeds we will pay upon receipt of due proof of death of the Annuitant and all required forms at our Home Office will be the greater of: . the Basic Death Benefit; and . the Annual Step-Up Death Benefit Rider Option described below. The following is the Annual Step-Up Death Benefit if the Annuitant is age 80 or younger on the date the contract is issued: The Annual Step-Up Death Benefit on the Contract Date is the initial premium payment. The Annual Step-Up Death Benefit will be reset on each contract anniversary, up to and including the later of the fifth contract anniversary and the contract anniversary next following or coincident with the 80th birthday of the Annuitant and on the Valuation Day that we receive due proof of death and all require forms at our Home Office. At each reset date, the Annual Step-Up Death Benefit equals the greater of (a) and (b) where: (a) is the Contract Value; and (b) is the Annual Step-Up Death Benefit on the last reset date plus premium payments made since the last reset date, adjusted for any partial surrenders made and premium taxes paid since the last reset date. Partial surrenders (including partial surrenders taken pursuant to the terms of a Guaranteed Minimum Withdrawal Benefit for Life Rider) reduce the Annual Step-Up Death Benefit proportionally by the same percentage that the partial surrender (including any applicable surrender charges and any premium taxes assessed) reduces the Contract Value. The following is the Annual Step-Up Death Benefit if the Annuitant is older than age 80 on the date the contract is issued: The Annual Step-Up Death Benefit on the Contract Date is the initial premium payment. The Annual Step-Up Death Benefit will be reset on each contract anniversary, up to and including the contract anniversary next following or coincident with the 85th birthday of the Annuitant and on the Valuation Day that we receive due proof of death and all require forms at our Home Office. At each reset date, the Annual Step-Up Death Benefit equals the greater of (a) and (b) where: (a) is the Contract Value; and (b) is the Annual Step-Up Death Benefit on the last reset date plus premium payments made since the last reset date, adjusted for any partial surrenders made and premium taxes paid since the last reset date. Partial surrenders (including partial surrenders taken pursuant to the terms of a Guaranteed Minimum Withdrawal Benefit for Life Rider) reduce the Annual Step-Up Death Benefit proportionally by the same percentage that the partial surrender (including any applicable surrender charges and any premium taxes assessed) reduces the Contract Value. You may only elect the Annual Step-Up Death Benefit Option Rider at the time of application. Once elected, it may not be terminated and it will remain in effect while this contract is in force until income payments begin. On the Maturity Date, this rider and its corresponding charge will terminate. The Annual Step-Up Death Benefit Option Rider may not be available in all states or in all markets. We charge an additional amount for this benefit. This charge will not exceed an annual rate of 0.20% of your Contract Value at the time of the deduction. See the "Fee Tables" provision of this prospectus for additional information. Please refer to Appendix A for an example of the calculation of the Annual Step-Up Death Benefit Rider Option. 5% Rollup Death Benefit Rider Option The 5% Rollup Death Benefit Rider adds an extra feature to the Basic Death Benefit. Under the 5% Rollup Death Benefit Rider, the amount of death benefit proceeds we will pay upon receipt of due proof of death of the Annuitant and all required forms at our Home Office will be the greater of: . the Basic Death Benefit; and . the 5% Rollup Death Benefit Rider Option described below. The 5% Rollup Death Benefit Rider Option is available only to contracts where the Annuitant is age 75 or younger on the date the contract is issued. The 5% Rollup Death Benefit on the Contract Date is the initial premium payment. At the end of each Valuation Period after the Contract Date, the 5% Rollup Death Benefit is equal to the lesser of (a) and (b) where: (a) is 200% of premium payments; and (b) is the Rollup Death Benefit at the end of the last Valuation Period increased by a daily interest factor, equivalent to a 5% annual effective interest rate, plus premium payments made during the current Valuation Period and adjusted for any partial surrenders and premium taxes paid during the current Valuation Period. 106 Partial surrenders taken each contract year, up to 5% of premium payments, calculated at the time of the partial surrender, reduce the 5% Rollup Death Benefit by the same amount that the partial surrender, including any surrender charges any premium taxes paid, reduces the Contract Value. If partial surrenders greater than 5% of premium payments are taken in any contract year, the 5% Rollup Death Benefit is reduced proportionally for that partial surrender and all future partial surrenders by the same percentage that the partial surrender, including any surrender charges and any premium taxes paid, reduces the Contract Value. Partial surrenders may have unintended consequences to your 5% Rollup Death Benefit. This benefit increases daily at a compounded rate of 5%. Because of this, any partial surrenders in a contract year that exceed the accumulated rollup interest, up to an amount equal to 5% of premium payments, will reduce the death benefit amount below the value at the start of the contract year. You may only elect the 5% Rollup Death Benefit Option Rider at the time of application. Once elected, it may not be terminated and it will remain in effect while this contract is in force until income payments begin. On the Maturity Date, this rider and its corresponding charge will terminate. The 5% Rollup Death Benefit Option Rider may not be available in all states or in all markets. We charge an additional amount for this benefit. This charge will not exceed an annual rate of 0.30% of your Contract Value at the time of the deduction. See the "Fee Tables" provision of this prospectus for additional information. Please refer to Appendix A for an example of the calculation of the 5% Rollup Death Benefit Rider Option. Earnings Protector Death Benefit Rider Option The Earnings Protector Death Benefit Rider adds an extra feature to your death benefit. The Earnings Protector Death Benefit Rider is available only to contracts where the Annuitant is age 75 or younger on the date the contract is issued. The following is the Earnings Protector Death Benefit if the Annuitant is age 70 or younger on the date the contract is issued: The Earnings Protector Death Benefit is equal to 40% of earnings which are defined as (a) minus (b) where: (a) is the Contract Value as of the first Valuation Day we have receipt of due proof of death and all required forms at our Home Office; and (b) is the sum of all premium payments paid and not previously surrendered. The Earnings Protector Death Benefit cannot exceed 70% of premium payments adjusted for partial surrenders. Premium payments, other than the initial premium payment, paid within 12 months of the date of the Annuitant's death, are not included in this calculation. The Earnings Protector Death Benefit will never be less than zero. The following is the Earnings Protector Death Benefit if the Annuitant is older than age 70 on the date the contract is issued: The Earnings Protector Death Benefit is equal to 25% of earnings which are defined as (a) minus (b) where: (a) is the Contract Value as of the first Valuation Day we have receipt of due proof of death and all required forms at our Home Office; and (b) is the sum of all premium payments paid and not previously surrendered. The Earnings Protector Death Benefit cannot exceed 40% of premium payments paid as adjusted for partial surrenders. Premium payments, other than the initial premium payment, paid within 12 months of the date of the Annuitant's death, are not included in this calculation. The Earnings Protector Death Benefit will never be less than zero. Under both age scenarios listed above, partial surrenders are taken first from gain and then from premium payments made. For purposes of this rider, gain is calculated as (a) plus (b) minus (c) minus (d), but not less than zero, where: (a) is the Contract Value on the Valuation Day we receive your partial surrender or total surrender request; (b) is the total of any partial surrenders; (c) is the total of premium payments paid; and (d) is the total of any gain previously surrendered. You may only elect the Earnings Protector Death Benefit Rider Option at the time of application. Once elected, it may not be terminated and it will remain in effect while the contract is in force until income payments begin. On the Maturity Date, this rider and its corresponding charge will terminate. The Earnings Protector Death Benefit Rider Option may not be available in all states or in all markets. We charge an additional amount for this benefit. This charge will not exceed an annual rate of 0.30% of your Contract Value at the time of the deduction. See the "Fee Tables" provision of this prospectus for additional information. 107 Please refer to Appendix A for an example of the calculation of the Earnings Protector Death Benefit Rider Option. There are important things you should consider before you purchase the Earnings Protector Death Benefit Rider Option. These include: . The Earnings Protector Death Benefit Rider Option does not guarantee that any amounts under the benefit will become payable at death. Market declines resulting in your Contract Value being less than your premium payments paid and not previously surrendered may result in no additional amount being payable. . Once you purchase the Earnings Protector Death Benefit Rider Option, you cannot terminate it. This means that regardless of any changes in your circumstances, we will continue to assess a charge for the Earnings Protector Death Benefit Rider Option. . Please take advantage of the guidance of a qualified financial adviser in evaluating the Earnings Protector Death Benefit Rider Option, as well as the other aspects of the contract. The Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider Option The Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider Option combines the Greater of the Annual Step-Up and 5% Rollup Death Benefit Rider Option plus the Earnings Protector Death Benefit Rider Option. Under this rider option, the amount of death benefit proceeds we will pay upon receipt of due proof of death of the Annuitant and all required forms at our Home Office will be the greatest of: . the Basic Death Benefit; . the Annual Step-Up Death Benefit Rider Option described above; and . the 5% Rollup Death Benefit Rider Option described above; plus . the Earnings Protector Death Benefit Rider Option described above. You may only elect the Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider Option at the time of application. Once elected, it may not be terminated and it will remain in effect while this contract is in force until income payments begin. On the Maturity Date, this rider and its corresponding charge will terminate. The Earnings Protector and Greater of Annual Step-Up and 5% Rollup Death Benefit Rider Option may not be available in all states or in all markets. We charge an additional amount for this benefit. This charge will not exceed an annual rate of 0.70% of your Contract Value at the time of the deduction. See the "Fee Tables" provision of this prospectus for additional information. Termination of Death Benefit Rider Options When Contract Assigned or Sold Your death benefit rider options will terminate in the event that you assign or sell this contract, unless your contract is assigned or sold pursuant to a court order. How to Claim Proceeds and/or Death Benefit Payments At the death of: (1) an owner or joint owner (or the Annuitant if any owner or joint owner is a non-natural entity); or (2) the Annuitant; the person or entity first listed below who is alive or in existence on the date of that death will become the designated beneficiary: (1) owner or joint owner; (2) primary beneficiary; (3) contingent beneficiary; (4) owner or joint owner's estate. The designated beneficiary will be treated thereafter as the sole owner of the contract. The designated beneficiary may choose one of the Payment Choices described below, or a default Payment Choice will apply if no such election is made. For purposes of this provision, if there is more than one primary beneficiary named, each one will be treated separately with respect to their portion of the contract. Thus, in cases where there are multiple designated beneficiaries, once all required information is received, each designated beneficiary will be allocated their share of the proceeds in accordance with the terms of the contract and as specified by the owner. Then, each designated beneficiary may elect one of the Payment Choices below or have the default Payment Choice apply. If there is no primary beneficiary(ies) alive or in existence at the time of the death, all proceeds will be then payable to any named contingent beneficiary(ies). We should be notified immediately by telephone or in writing upon the death of an owner, joint owner or Annuitant. We have the right to request that any notification of death given by telephone be immediately followed by written notification. Upon notification, no additional premium payments will be accepted (unless the designated beneficiary is the spouse of the 108 deceased and that spousal designated beneficiary has elected to continue the contract). Upon such notification of death, we will transfer all assets in the Separate Account to the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund until receipt of due proof of death and any required forms. Due proof of death consists of a death certificate issued by a government jurisdiction or a court of law. Any required forms can consist of information necessary in order to pay any named designated beneficiary(ies) and any other information necessary to process applicable proceeds. Payment Choices: The designated beneficiary may elect the form in which the proceeds will be paid from the following Payment Choices (and if no election is made, the default Payment Choice described below will apply): (1) receive the proceeds in a lump sum; (2) receive the proceeds over a period of five years following the date of death. At the end of the five year period, any remaining amount will be distributed in a lump sum (if the designated beneficiary dies before all payments have been distributed, the remaining proceeds will be paid to the person or entity named by the designated beneficiary or his or her estate if no person or entity is named); (3) elect Optional Payment Plan (1) or (2) as described in the "Optional Payment Plans" provision of this prospectus. If elected, payments must commence no later than one year after the date of death. In addition, if Optional Payment Plan (1) is chosen, the period certain cannot exceed the designated beneficiary's life expectancy, and if Optional Payment Plan (2) is chosen, the fixed period cannot exceed the designated beneficiary's life expectancy; (4) elect a "stretch" payment choice, as described in the "Stretch Payment Choices" provision below; (5) if the designated beneficiary is the spouse of a deceased owner, he or she may continue the contract as stated in the "Distribution Rules" provision; or (6) if the designated beneficiary is an owner or joint owner who is a natural person, he or she may continue the contract as stated in the "Distribution Rules" provision. If a designated beneficiary makes no election within 60 days following receipt of due proof of death and all required forms at our Home Office, payments will default to Payment Choice (2). If your contract is a Qualified Contract, not all elections will satisfy required minimum distribution rules. Note that effective for owners who die on or after January 1, 2020, subject to certain exceptions, most non-spouse designated beneficiaries must now complete death benefit distributions within ten years of the owner's death in order to satisfy required minimum distribution rules. Consult a tax adviser before making an election. Stretch Payment Choices The following payment choice is available to designated beneficiaries of Non-Qualified Contracts: A designated beneficiary of a Non-Qualified Contract may apply the death proceeds of the contract to provide for an annual payment equal to the Minimum Annual Income, described below, for the life expectancy of the designated beneficiary. The first income payment must be made no later than 350 days after the original owner's date of death. The income payment period must be a period not exceeding the designated beneficiary's life expectancy. Payments will continue annually on the distribution date until the death of the designated beneficiary or the Contract Value is reduced to $0. Upon death of the designated beneficiary, the person or entity named by the designated beneficiary or, if no one is named, the designated beneficiary's estate may receive the remaining Contract Value. The recipient may take the Contract Value as a lump sum or continue to receive the annual payment on the distribution date equal to the Minimum Annual Income, or until the Contract Value is reduced to $0. The Minimum Annual Income is the amount withdrawn each year to satisfy Section 72(s)(2)(B) of the Code. The Minimum Annual Income will be re-determined each year for the designated beneficiary's life expectancy using the Single Life Table in Section 1.401(a)(9)-9 A-1 of the Income Tax Regulations, as amended. After death, the Minimum Annual Income is calculated using the designated beneficiary's remaining life expectancy. We may offer alternative calculations of Minimum Annual Income based on amortization or annuitization calculations methods described in guidance published by the Internal Revenue Service. Special rules for this payment choice only: . This payment choice cannot be selected if the Minimum Annual Income would be less than $100. . The designated beneficiary must elect a distribution date on which payments will be made. The first distribution date must be no later than 350 days after the owner's date of death. . Amounts paid to satisfy the Minimum Annual Income will not be subject to surrender charges. Surrender charges will apply to amounts withdrawn above the Minimum Annual Income. . Optional living benefit and death benefit riders are not available with this payment choice. . Additional premium payments may not be added with this payment choice. 109 Under this payment choice, the contract will terminate upon payment of the entire Contract Value. The following payment choice is available to designated beneficiaries of Qualified Contracts or any beneficiary receiving death proceeds from any other individual retirement plan: An inherited owner may apply death proceeds to provide for an annual payment equal to the Minimum Annual Income, described below. For purposes of this provision, an inherited owner is any designated beneficiary receiving death proceeds from a Qualified Contract or any beneficiary receiving death proceeds from any other individual retirement plan. A surviving spouse may elect to be treated as an inherited owner in lieu of exercising spousal continuation. The inherited owner will be named the Annuitant at election of the payment choice. Payments under this payment choice will continue annually on the distribution date selected by the inherited owner, subject to the special rules stated below, until the death of the inherited owner or the Contract Value is reduced to $0. Upon death of the inherited owner, the person or entity named by the inherited owner or, if no one is named, the inherited owner's estate may receive the remaining Contract Value. The recipient may take the Contract Value as a lump sum or continue to receive the annual payment on the distribution date equal to the Minimum Annual Income until the Contract Value is reduced to $0. The Minimum Annual Income is the amount withdrawn each year to satisfy Section 408(b)(3) of the Code. The Minimum Annual Income will be based on the applicable distribution period for required minimum distributions after death, as provided in Section 1.401(a)(9)-5 A-5 of the Income Tax Regulations. Special rules for this payment choice only: . This payment choice cannot be selected if the Minimum Annual Income would be less than $100. . The inherited owner must elect a distribution date on which payments will be made. If the inherited owner is the surviving spouse of the original IRA owner within the meaning of Section 401(a)(9)(B)(iv) of the Code, then the first distribution date elected must be the later of either: (i) December 15th of the year in which the deceased would have been age 70 1/2 or (ii) December 15th of the year following the original IRA owner's death. If the inherited owner is not the surviving spouse of the original IRA owner, then the first distribution date elected must be within 350 days from the date of death. If the surviving spouse dies before the first distribution date, the first distribution date under this rider will be determined by treating death of the surviving spouse as death of the original IRA owner and the surviving spouse's designated beneficiary as the inherited owner. . Amounts paid to satisfy the Minimum Annual Income will not be subject to surrender charges. Surrender charges will apply to amounts withdrawn above the Minimum Annual Income. . Optional living benefit and death benefit riders are not available with this payment choice. . Additional premium payments may not be added with this payment choice This payment choice will not satisfy required minimum distribution rules for designated beneficiaries other than "eligible designated beneficiaries" as defined in Section 401(a)(9)(H) of the Code. Consult a tax adviser before making this payment choice. Under this payment choice, the contract will terminate upon payment of the entire Contract Value. Spendthrift Provision. An owner may, by providing written notice to our Home Office in a manner acceptable to the Company, choose the method of payment of death proceeds under the contract by selecting any payment choice, including any Optional Payment Plan, that a designated beneficiary may have chosen. A designated beneficiary (other than the surviving spouse) cannot change the payment choice that the owner has selected. The owner may also specify at the time of electing an income payment option that any payments remaining to be made at the owner's death cannot be commuted or assigned. While living, the owner may revoke any such limitations on the rights of the designated beneficiary by providing written notice of such revocation to our Home Office in a manner acceptable to the Company. If the payment choice selected by the owner does not apply to a designated beneficiary, the limitations imposed by this paragraph shall not apply to such designated beneficiary. For example, a payment choice based on an individual's life does not apply to the owner's estate and the estate would be free to make its own payment choice as designated beneficiary after the owner's death. Distribution Rules When Death Occurs Before the Maturity Date The distribution rules below apply to Non-Qualified Contracts that are generally treated as annuity contracts under the Code. These rules also apply where federal tax law does not provide alternative distribution rules. These rules do not apply to Qualified Contracts and, if alternative distribution rules apply, contracts that do not qualify as annuity contracts under federal tax law, and may not apply to contracts held by certain entities. For Qualified Contracts, the required minimum distribution 110 provisions of the Code apply. The required minimum distribution rules are generally specified in the endorsement, plan document, or other writing establishing the plan or individual retirement arrangement. Note that effective for owners who die on or after January 1, 2020, subject to certain exceptions, most non-spouse designated beneficiaries must now complete death benefit distributions within ten years of the owner's death in order to satisfy required minimum distribution rules. See the "Tax Matters" provision of this prospectus. If the sole designated beneficiary is the spouse of the deceased, the spouse may continue the contract as the new owner. If the deceased was also an Annuitant, the spouse will automatically become the new sole Annuitant. As the new named owner and Annuitant, the spouse may exercise all rights as stated in the contract. Should the spouse remarry, the new spouse may not exercise this provision at the death of the surviving spouse. If the spouse is one of multiple designated beneficiaries, the spouse may only continue the contract with the proportion allocated to him or her by the owner as stated on the application or later in writing in a form acceptable to us. If the designated beneficiary(ies) is not the spouse of the deceased, the designated beneficiary(ies) may not continue the contract indefinitely. If payment choice 1 or 2 is elected, the proceeds from the contract must be distributed within five years of the date of death. If payment choice 3 is elected (within 60 days following receipt of due proof of death and all required forms at our Home Office), payments will begin within one year of the date of the deceased owner's death and extend over the designated beneficiary's life or a period not longer than the designated beneficiary's life expectancy. If the designated beneficiary is an owner or joint owner, the owner (if the owner is a natural person) may continue the contract. Contract Value for the continued contract will be equal to the death benefit proceeds. If there is no Joint Annuitant, the Owner will become the new sole Annuitant. If there is a Joint Annuitant, the Joint Annuitant will become the sole Annuitant. The owner may exercise all rights as stated in the contract before an Annuitant's death. When Death Occurs On or After the Maturity Date On or after the Maturity Date, if an owner, joint owner, Annuitant, or designated beneficiary dies while the contract is in force, payments that are already being made under the contract will be made at least as rapidly as under the method of distribution in effect at the time of death, notwithstanding any other provision of the contract. DEATH OF OWNER AND/OR ANNUITANT The following death benefit provisions apply to contracts issued prior to May 1, 2003, or prior to the date state insurance authorities approve applicable contract modifications, unless noted otherwise. Death Benefit at Death of Any Annuitant Before the Maturity Date If the Annuitant dies before the Maturity Date, regardless of whether the Annuitant is also an owner or joint owner of the contract, the amount of proceeds available for the designated beneficiary (as defined below) is the death benefit. This death benefit may be referred to as the "Annual Estate Protector/SM/" in our marketing materials. Upon receipt of due proof of the Annuitant's death (generally, due proof is a certified copy of the death certificate or a certified copy of the decree of a court of competent jurisdiction as to the finding of death), a death benefit will be paid in accordance with your instructions, subject to distribution rules and termination of contract provisions discussed in the contract and elsewhere in this prospectus. The death benefit choices we offer are: (1) the Basic Death Benefit; (2) the Optional Guaranteed Minimum Death Benefit; and (3) the Optional Enhanced Death Benefit. We automatically provide the Basic Death Benefit to you. The Optional Guaranteed Minimum Death Benefit and the Optional Enhanced Death Benefit are available to you for an additional charge. The death benefit varies based on: (1) the Annuitant's age on the date the contract is issued; (2) the Annuitant's age on the date of his or her death; (3) the number of contract years that elapse from the date the contract is issued until the date of the Annuitant's death; and (4) whether any premium taxes are due at the time the death benefit is paid. Basic Death Benefit For contracts issued on or after the later of May 15, 2001, or the date on which state insurance authorities approve applicable contract modifications, but prior to May 1, 2003, or prior to the date state insurance authorities approve applicable contract modifications, the Basic Death Benefit will be as follows: If the Annuitant is age 80 or younger on the date the contract is issued and he or she dies before his or her first contract 111 anniversary, the Basic Death Benefit will be equal to the greater of: (1) the Contract Value as of the date we receive due proof of death; and (2) premium payments received, reduced for an adjustment due to any partial surrenders (including any surrender charges and any premium taxes assessed). If the Annuitant is age 80 or younger on the date the contract is issued and he or she dies after his or her first contract anniversary, the death benefit will be equal to the greatest of: (1) the greatest sum of (a) and (b), where: (a) is the Contract Value on any contract anniversary occurring prior to the Annuitant's 80th birthday; and (b) is premium payments received after such contract anniversary. The sum of (a) and (b) above is reduced for an adjustment due to any partial surrenders (including any surrender charges and premium taxes assessed) taken since the applicable contract anniversary. (2) the Contract Value as of the date we receive due proof of death; and (3) premium payments received, reduced for an adjustment due to any partial surrenders (including any surrender charges and premium taxes assessed). If the Annuitant is age 81 or older on the date the contract is issued, the death benefit will be equal to the Contract Value as of the date we receive due proof of death. We will adjust the death benefit for partial surrenders (including any surrender charges and premium taxes assessed) in the same proportion as the percentage that the partial surrender (including any surrender charges and premium taxes assessed) reduces the Contract Value. Please refer to Appendix A in this prospectus for an example of the Basic Death Benefit calculation. For contracts issued prior to May 15, 2001, or prior to the date on which state insurance authorities approve applicable contract modifications, the Basic Death Benefit will be as follows: The death benefit equals the sum of (a) and (b) where: (a) the Contract Value as of the date we receive due proof of death; and (b) is the excess, if any, of the unadjusted death benefit as of the date of the Annuitant's death over the Contract Value as of the date of the Annuitant's death, with interest credited on that excess from the date of the Annuitant's death to the date of distribution. The rate credited may depend on applicable law or regulation. Otherwise, we will set it. The unadjusted death benefit varies based on the Annuitant's age at the time we issued the contract and on the Annuitant's age at the time of death. If the Annuitant is age 80 or younger on the date the contract is issued and he or she dies before his or her first contract anniversary, the unadjusted death benefit will be equal to the greater of: (1) the Contract Value as of the date of death; and (2) premium payments received, reduced for an adjustment due to any partial surrenders (including any surrender charges and premium taxes assessed). If the Annuitant is age 80 or younger on the date the contract is issued and he or she dies after his or her first contract anniversary, the unadjusted death benefit will be equal to the greatest of: (1) the greatest sum of (a) and (b), where: (a) is the Contract Value on any contract anniversary occurring prior to the Annuitant's 80th birthday; and (b) is premium payments received after such contract anniversary. The sum of (a) and (b) above is reduced for an adjustment for any partial surrenders (including any surrender charges and premium taxes assessed) taken since the applicable contract anniversary. (2) the Contract Value as of the date of death; and (3) premium payments received, reduced for an adjustment due to any partial surrenders (including any surrender charges and premium taxes assessed). If the Annuitant is age 81 or older on the date the contract is issued, the unadjusted death benefit will be equal to the Contract Value as of the date of death. We will adjust the death benefit for partial surrenders in (including any surrender charges and premium taxes assessed) the same proportion as the percentage that the partial surrender (including any surrender charges and premium taxes assessed) reduces the Contract Value. Please refer to Appendix A in this prospectus for an example of the Basic Death Benefit calculation. 112 Optional Guaranteed Minimum Death Benefit The Guaranteed Minimum Death Benefit is available to contracts with Annuitants age 75 or younger at the time the contract is issued. If the owner elects the Guaranteed Minimum Death Benefit at the time of application, upon the death of the Annuitant, we will pay to the designated beneficiary, the greater of: (1) the Basic Death Benefit; and (2) the Guaranteed Minimum Death Benefit. The Guaranteed Minimum Death Benefit may also be referenced in our marketing materials as the "Six Percent EstateProtector/SM/." If the Annuitant dies on the first Valuation Day, the Guaranteed Minimum Death Benefit will be equal to the premium payments received. If the Annuitant dies after the first Valuation Day, then at the end of each Valuation Period until the contract anniversary on which the Annuitant attains age 80, the Guaranteed Minimum Death Benefit equals the lesser of (a) and (b), where: (a) is the total of all premium payments we receive, multiplied by two, adjusted for any partial surrenders taken prior to or during that Valuation Period; and (b) is the Guaranteed Minimum Death Benefit of the preceding Valuation Period, with assets in the Subaccounts increased by an effective annual rate of 6% (an "increase factor"); this does not include assets allocated to the Subaccount investing in the available Goldman Sachs Variable Insurance Trust -- Government Money Market Fund, plus any additional premium payments we received during the current Valuation Period, adjusted for any partial surrenders taken during the current Valuation period. We will adjust the Guaranteed Minimum Death Benefit for partial surrenders proportionally by the same percentage that the partial surrender (including any applicable surrender charges and premium taxes assessed) reduces the Contract Value. For assets in the Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund, the increase factor is equal to the lesser of: (1) the net investment factor of the Subaccount for Valuation Period, minus one; and (2) a factor for the Valuation Period equivalent to an effective annual rate of 6%. For assets allocated to the Guarantee Account, the increase factor is equal to the lesser of: (1) the factor for the Valuation Period equivalent to the credited rate(s) applicable to such allocations; and (2) a factor for the Valuation Period equivalent to an effective annual rate of 6%. After the Annuitant attains age 80, the increase factor will be zero (0). The Guaranteed Minimum Death Benefit is effective on the Contract Date (unless another effective date is shown on the contract data page) and will remain in effect while the contract is in force and before income payments begin, or until the contract anniversary following the date we receive your written request to terminate the benefit. If we receive your request to terminate the benefit within 30 days following any contract anniversary, we will terminate the Guaranteed Minimum Death Benefit as of that contract anniversary. We charge you for the Guaranteed Minimum Death Benefit. We deduct this charge against the Contract Value at each contract anniversary after the first and at the time you fully surrender the contract. At full surrender, we will charge you a pro-rata portion of the annual charge. Currently, this charge is equal to an annual rate of 0.25% of your prior contract year's average Guaranteed Minimum Death Benefit. We guarantee that this charge will not exceed an annual rate of 0.35% of your prior contract year's average Guaranteed Minimum Death Benefit. The rate charged to your contract will be fixed at the time your contract is issued. See the "Charge for the Optional Guaranteed Minimum Death Benefit" provision of this prospectus. The Guaranteed Minimum Death Benefit option may not be available in all states or markets. Please refer to Appendix A for an example of the Optional Guaranteed Minimum Death Benefit calculation. Optional Enhanced Death Benefit The Optional Enhanced Death Benefit (which may be referred to as "Earnings Protector" in our marketing materials) adds an extra feature to our Basic Death Benefit and, if applicable, the Optional Guaranteed Minimum Death Benefit. You may only elect the Optional Enhanced Death Benefit at the time of application. Once elected, the benefit will remain in effect while your contract is in force until income payments begin. You cannot otherwise terminate this benefit. We charge you an additional amount for the Optional Enhanced Death Benefit. Currently, this amount is an annual rate of 0.20% of the average of: (1) your Contract Value at the beginning of the previous contract year; and (2) your Contract Value at the end of the previous contract year. The charge for the Optional Enhanced Death Benefit is taken on each contract anniversary. We guarantee that this charge will not exceed an annual rate of 0.35% of your average Contract 113 Value, as described above. The rate that applies to your contract will be fixed at issue. See the "Charge for the Optional Enhanced Death Benefit" provision of this prospectus. The Optional Enhanced Death Benefit may not be available in all states or markets. In addition, to be eligible for this rider, the Annuitant cannot be older than age 75 at the time the contract is issued unless we approve a different age. The Optional Enhanced Death Benefit varies based on the age of the Annuitant at issue. Your optional Enhanced Death Benefit will never be less than zero. If the Annuitant is age 70 or younger at the date the contract is issued, the Optional Enhanced Death Benefit equals 40% of (a) minus (b), where: (a) is the Contract Value as of the date we receive due proof of death; and (b) premiums paid, not previously surrendered. This death benefit cannot exceed 70% of premiums paid adjusted for partial surrenders. Premiums, other than the initial premium, paid within 12 months of death are not included in this calculation. If the Annuitant is older than age 70 at the time the contract is issued, the Optional Enhanced Death Benefit equals 25% of (a) minus (b), where: (a) is the Contract Value on the date we receive due proof of death; and (b) premiums paid, not previously surrendered. This death benefit cannot exceed 40% of premiums paid, adjusted for partial surrenders. Premiums, other than the initial premium, paid within 12 months of death are not included in this calculation. Under both age scenarios listed above, we take partial surrenders first from gain and then from premiums paid. For purposes of this benefit, we calculate gain as (a) plus (b) minus (c) minus (d), but not less than zero, where: (a) is the Contract Value on the date we receive your partial surrender request; (b) is the total of any partial surrenders, excluding surrender charges, previously taken; (c) is the total of premiums paid; and (d) is the total of any gain previously surrendered. Please refer to Appendix A for an example of the Optional Enhanced Death Benefit calculation. There are important things you should consider before you purchase the Optional Enhanced Death Benefit. These include: . The Optional Enhanced Death Benefit does not guarantee that any amounts under the benefit will become payable at death. Market declines resulting in your Contract Value being less than your premiums paid and not previously surrendered may result in no Enhanced Death Benefit being payable. . Once you purchase the Optional Enhanced Death Benefit, you cannot terminate it. This means that regardless of any changes in your circumstances, we will continue to assess a charge for the Optional Enhanced Death Benefit. . Please take advantage of the guidance of a qualified financial adviser in evaluating the Optional Enhanced Death Benefit option, as well as the other aspects of the contract. When We Calculate the Death Benefit We will calculate the Basic Death Benefit, the Optional Guaranteed Minimum Death Benefit, and Optional Enhanced Death Benefit on the date we receive due proof of death at our Home Office. Until we receive complete written instructions satisfactory to us from the beneficiary, the assets will remain allocated to the Separate Account and/or the Guarantee Account, according to your last instructions. This means that the calculated death benefit will fluctuate with the performance of the Subaccounts in which you are invested. Death of an Owner or Joint Owner Before the Maturity Date In certain circumstances, federal tax law requires that distributions be made under this contract upon the first death of: . an owner or joint owner (or the Annuitant if any owner is a non-natural entity); or . the Annuitant. The discussion below describes the methods available for distributing the value of the contract upon death. At the death of any owner (or Annuitant, if the owner is a non-natural entity), the person or entity first listed below who is alive or in existence on the date of that death will become the designated beneficiary: (1) owner or joint owner; (2) primary beneficiary; (3) contingent beneficiary; or (4) owner's estate. 114 We then will treat the designated beneficiary as the sole owner of the contract. If there is more than one designated beneficiary, we will treat each one separately in applying the tax law's rules described below. Distribution Rules: Distributions required by federal tax law differ depending on whether the designated beneficiary is the spouse of the deceased owner (or the spouse of the deceased Annuitant, if the contract is owned by a non-natural entity). . Spouses -- If the designated beneficiary is the spouse of the deceased, the spouse may continue the contract as the new owner. If the deceased was the Annuitant, and there was no surviving contingent Annuitant, the spouse will automatically become the new Annuitant. At the death of the spouse, this provision may not be used again, even if the spouse remarries. In such case, the entire interest in the contract will be paid within 5 years of such spouse's death to the beneficiary named by the spouse. If no beneficiary is named, such payment will be made to the spouse's estate. The amount payable will be equal to the death benefit on the date we receive due proof of the Annuitant's death. Any increase in the Contract Value will be allocated to the Subaccounts and/or the Guarantee Account using the premium allocation in effect at that time. Any death benefit payable subsequently (at the death of the new Annuitant) will be calculated as if the spouse had purchased a contract for the new Contract Value on the date we received due proof of death. Any death benefit will be based on the new Annuitant's age as of the date we receive due proof of death of the original owner, rather than the age of the previously deceased Annuitant. All other provisions will continue as if the spouse had purchased the contract on the original Contract Date. . Non-Spouses -- If the designated beneficiary is not the spouse of the deceased person, this contract cannot be continued in force indefinitely. Instead, upon the death of any owner (or Annuitant, if the owner is a non-natural entity), payments must be made to (or for the benefit of) the designated beneficiary under one of the following payment choices: (1) receive the Surrender Value in one lump sum payment upon receipt of due proof of death (see the "Requesting Payments" provision of this prospectus); (2) receive the Surrender Value at any time during the five year period following the date of death. At the end of the five year period, we will pay in a lump sum payment any Surrender Value still remaining; (3) apply the Surrender Value to provide a monthly income benefit under Optional Payment Plan 1 or 2. The first monthly income benefit payment must be made no later than one year after the date of death. Also, the monthly income benefit payment period must be either the lifetime of the designated beneficiary or a period not exceeding the designated beneficiary's life expectancy; or. (4) elect a "stretch" payment choice, as described in the "Stretch Payment Choices" provision below. If your contract is a Qualified Contract, not all elections will satisfy required minimum distribution rules. Note that effective for owners who die on or after January 1, 2020, subject to certain exceptions, most non-spouse designated beneficiaries must now complete death benefit distributions within ten years of the owner's death in order to satisfy required minimum distribution rules. Consult a tax adviser before making an election. Stretch Payment Choices The following payment choice is available to designated beneficiaries of Non-Qualified Contracts: A designated beneficiary of a Non-Qualified Contract may apply the death proceeds of the contract to provide for an annual payment equal to the Minimum Annual Income, described below, for the life expectancy of the designated beneficiary. The first income payment must be made no later than 350 days after the original owner's date of death. The income payment period must be a period not exceeding the designated beneficiary's life expectancy. Payments will continue annually on the distribution date until the death of the designated beneficiary or the Contract Value is reduced to $0. Upon death of the designated beneficiary, the person or entity named by the designated beneficiary or, if no one is named, the designated beneficiary's estate may receive the remaining Contract Value. The recipient may take the Contract Value as a lump sum or continue to receive the annual payment on the distribution date equal to the Minimum Annual Income, or until the Contract Value is reduced to $0. The Minimum Annual Income is the amount withdrawn each year to satisfy Section 72(s)(2)(B) of the Code. The Minimum Annual Income will be re-determined each year for the designated beneficiary's life expectancy using the Single Life Table in Section 1.401(a)(9)-9 A-1 of the Income Tax Regulations, as amended. After death, the Minimum Annual Income is calculated using the designated beneficiary's remaining life expectancy. We may offer alternative calculations of Minimum Annual Income based on amortization or annuitization calculations methods described in guidance published by the Internal Revenue Service. Special rules for this payment choice only: . This payment choice cannot be selected if the Minimum Annual Income would be less than $100. 115 . The designated beneficiary must elect a distribution date on which payments will be made. The first distribution date must be no later than 350 days after the owner's date of death. . Amounts paid to satisfy the Minimum Annual Income will not be subject to surrender charges. Surrender charges will apply to amounts withdrawn above the Minimum Annual Income. . Optional living benefit and death benefit riders are not available with this payment choice. . Additional premium payments may not be added with this payment choice. Under this payment choice, the contract will terminate upon payment of the entire Contract Value. The following payment choice is available to designated beneficiaries of Qualified Contracts or any beneficiary receiving death proceeds from any other individual retirement plan: An inherited owner may apply death proceeds to provide for an annual payment equal to the Minimum Annual Income, described below. For purposes of this provision, an inherited owner is any designated beneficiary receiving death proceeds from a Qualified Contract or any beneficiary receiving death proceeds from any other individual retirement plan. A surviving spouse may elect to be treated as an inherited owner in lieu of exercising spousal continuation. The inherited owner will be named the Annuitant at election of the payment choice. Payments under this payment choice will continue annually on the distribution date selected by the inherited owner, subject to the special rules stated below, until the death of the inherited owner or the Contract Value is reduced to $0. Upon death of the inherited owner, the person or entity named by the inherited owner or, if no one is named, the inherited owner's estate may receive the remaining Contract Value. The recipient may take the Contract Value as a lump sum or continue to receive the annual payment on the distribution date equal to the Minimum Annual Income until the Contract Value is reduced to $0. The Minimum Annual Income is the amount withdrawn each year to satisfy Section 408(b)(3) of the Code. The Minimum Annual Income will be based on the applicable distribution period for required minimum distributions after death, as provided in Section 1.401(a)(9)-5 A-5 of the Income Tax Regulations. Special rules for this payment choice only: . This payment choice cannot be selected if the Minimum Annual Income would be less than $100. . The inherited owner must elect a distribution date on which payments will be made. If the inherited owner is the surviving spouse of the original IRA owner within the meaning of Section 401(a)(9)(B)(iv) of the Code, then the first distribution date elected must be the later of either: (i) December 15th of the year in which the deceased would have been age 70 1/2 or (ii) December 15th of the year following the original IRA owner's death. If the inherited owner is not the surviving spouse of the original IRA owner, then the first distribution date elected must be within 350 days from the date of death. If the surviving spouse dies before the first distribution date, the first distribution date under this rider will be determined by treating death of the surviving spouse as death of the original IRA owner and the surviving spouse's designated beneficiary as the inherited owner. . Amounts paid to satisfy the Minimum Annual Income will not be subject to surrender charges. Surrender charges will apply to amounts withdrawn above the Minimum Annual Income. . Optional living benefit and death benefit riders are not available with this payment choice. . Additional premium payments may not be added with this payment choice This payment choice will not satisfy required minimum distribution rules for designated beneficiaries other than "eligible designated beneficiaries" as defined in Section 401(a)(9)(H) of the Code. Consult a tax adviser before making this payment choice. Under this payment choice, the contract will terminate upon payment of the entire Contract Value. If no choice is made by the designated beneficiary within 30 days following receipt of due proof of death, we will pay the Surrender Value within 5 years of the date of death. Due proof of death must be provided within 90 days of the date of death. We will not accept any premium payments after the non-spouse's death. If the designated beneficiary dies before we distributed the entire Surrender Value, we will pay in a lump sum payment of any Surrender Value still remaining to the person named by the designated beneficiary. If no person is so named, we will pay the designated beneficiary's estate. Under payment choices 1 or 2, the contract will terminate upon payment of the entire Surrender Value. Under payment choice 3, this contract will terminate when we apply the Surrender Value to provide a monthly income benefit. Spendthrift Provision. An owner may, by providing written notice to our Home Office in a manner acceptable to the Company, choose the method of payment of death proceeds under the contract by selecting any payment choice, including any Optional Payment Plan, that a designated beneficiary may 116 have chosen. A designated beneficiary (other than the surviving spouse) cannot change the payment choice that the owner has selected. The owner may also specify at the time of electing an income payment option that any payments remaining to be made at the owner's death cannot be commuted or assigned. While living, the owner may revoke any such limitations on the rights of the designated beneficiary by providing written notice of such revocation to our Home Office in a manner acceptable to the Company. If the payment choice selected by the owner does not apply to a designated beneficiary, the limitations imposed by this paragraph shall not apply to such designated beneficiary. For example, a payment choice based on an individual's life does not apply to the owner's estate and the estate would be free to make its own payment choice as designated beneficiary after the owner's death. Amount of the proceeds: The amount of proceeds we will pay will, in part, vary based on the person who dies, as shown below: Amount of Person who died Proceeds Paid -------------------------------------------- Owner or Joint Owner Surrender Value (who is not the Annuitant) -------------------------------------------- Owner or Joint Owner Death Benefit (who is the Annuitant) -------------------------------------------- Annuitant Death Benefit -------------------------------------------- Upon receipt of due proof of death, the designated beneficiary will instruct us how to treat the proceeds subject to the distribution rules discussed above. Death of an Owner, Joint Owner, or Annuitant On or After the Maturity Date On or after the Maturity Date, if an owner, joint owner, Annuitant or designated beneficiary dies while the contract is in force, payments that are already being made under the contract will be made at least as rapidly as under the method of distribution in effect at the time of death, notwithstanding any other provision in the contract. INCOME PAYMENTS The Maturity Date is the date income payments begin under the contract, provided the Annuitant is still living on that date. The Maturity Date must be a date at least thirteen months from the date the contract is issued, unless you elect to take income payments pursuant to Payment Optimizer Plus. If Guaranteed Income Advantage is elected, income payments may begin on a different date under the terms of the rider. See the "Guaranteed Income Advantage" and "Payment Optimizer Plus" sections of this provision. The owner selects the contract's initial Maturity Date at issue. Thereafter, until income payments begin, the owner may elect to extend the Maturity Date in one-year increments, so long as the new Maturity Date is not a date beyond the latest permitted Maturity Date. The latest Maturity Date we currently permit may not be a date beyond the younger Annuitant's 90th birthday, unless we consent to a later date. We reserve the right to discontinue to allow the deferral of the Maturity Date at any time and without prior notice. Any consent for a new Maturity Date will be provided on a non-discriminatory basis. An owner may request to change the Maturity Date by sending written notice to our Home Office prior to the Maturity Date then in effect. If you change the Maturity Date, the Maturity Date will mean the new Maturity Date selected, provided such Maturity Date is not a date beyond the latest permitted Maturity Date. If income payments have not commenced upon reaching the latest permitted Maturity Date, we will begin making payments to the named payee. In this circumstance: (i) if Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008 or Lifetime Income Plus Solution applies, income payments will be made pursuant to Optional Payment Plan 6, Fixed Income for Life; (ii) if Guaranteed Income Advantage applies, income payments will be made in the form of Life Income with a 10 Year Period Certain; or (iii) if Payment Optimizer Plus applies, income payments will be made in the form of a Life Income. If, however, at the latest permitted Maturity Date these riders do not apply, income payments will be made in the form of a Life Income with a 10 Year Period Certain. A Maturity Date that occurs or is scheduled to occur at an advanced age (e.g., past age 85) may, in certain circumstances, have adverse income tax consequences. See the "Tax Matters" provision of this prospectus. Contracts issued to qualified retirement plans provide for income payments to start on the date and under the option specified by the plan. We will pay a monthly income benefit to the owner beginning on the Maturity Date provided the Annuitant is still living. Unless you have elected Payment Optimizer Plus, we will pay the monthly income benefit in the form of Life Income with 10 Years Certain plan with variable payments, using the gender (where appropriate) and settlement age of the Annuitant instead of the payee, unless you make another election as described below. Payments made pursuant to one of these plans are not redeemable. If you elected Payment Optimizer Plus, we will pay monthly income over the life of the Annuitant(s). As described in your contract, the settlement age may be less than the Annuitant's age. This means payments may be lower than they would have been without the adjustment. You may also choose to receive Surrender Value of your contract on the date immediately preceding the Maturity Date in a lump sum, in which case we will cancel the contract. See the "Requesting Payments" provision of this prospectus. 117 Payments will continue for the life of the Annuitant under the Life Income with 10 Years Certain plan, if he or she lives longer than 10 years. If the Annuitant dies before the end of 10 years, we will discount the remaining payments for the 10 year period at the same rate used to calculate the monthly income payment. If the remaining payments are variable income payments, we will assume the amount of each payment that we discount equals the payment amount on the date we receive due proof of death. We will pay this discounted amount in a lump sum. The contract provides optional forms of annuity payments ("Optional Payment Plans"), each of which is payable on a fixed basis. Optional Payment Plan 1 and Optional Payment Plan 5 also are available on a variable basis. If you elect fixed income payments, the guaranteed amount payable will earn interest at a minimum rate of 3% compounded yearly. We may increase the interest rate which will increase the amount we pay to you or the payee. If you elect variable income payments, the dollar amount of the first variable income payment will depend on the annuity purchase rates described in your contract for the Optional Payment Plan you choose. These rates vary based on the Annuitant's settlement age and if applicable, gender, upon the settlement age and gender of a second person you designate (if applicable). Under such tables, the longer the life expectancy of the Annuitant or the longer the period for which we guarantee to make payments under the option, the smaller the amount the first variable income payment will be. After your first income payment, the dollar amount of your income payments will vary based on the investment performance of the Subaccount(s) in which you invest and the contract's assumed interest rate. The assumed interest rate is an assumption we make regarding the investment performance of the Portfolios you select. This rate is simply the total return, after expenses, you need to keep your variable income payments level. We assume an effective annual rate of 3%. This means that if the annualized investment performance, after expenses, of your Subaccounts, measured between the day that the last payment was made and the day on which we are calculating the new payment, is less than 3%, then the dollar amount of your variable income payment will decrease. Conversely, if the annualized investment performance, after expenses, of your Subaccounts, measured between the day that the last payment was made and the day on which we are calculating the new payment, is greater than 3%, then the dollar amount of your income payment will increase. We will make income payments monthly unless you elect to receive payments quarterly, semi-annually, or annually. Under the monthly income benefit and all of the Optional Payment Plans, if any payment made more frequently than annually would be or becomes less than $100, we reserve the right to reduce the frequency of payments to an interval that would result in each payment being at least $100. If the annual payment payable at maturity is less than $20, we will pay the Surrender Value in a lump sum. See the "Requesting Payments" provision of this prospectus. Upon making such a payment, we will have no future obligation under the contract. The amount of your income payments will depend on four things: . your Surrender Value on the Valuation Day immediately preceding the Maturity Date; . the settlement age on the Maturity Date, and if applicable, the gender of the Annuitant; . the specific payment plan you choose; and . if you elect variable income payments, the investment performance of the Portfolios selected. As provided in your contract, we may adjust the age used to determine income payments, and we may deduct premium taxes from your payments. Optional Payment Plans The following Optional Payment Plans are available under the contract, unless you have fully annuitized under Guaranteed Income Advantage or Payment Optimizer Plus: Optional Payment Plan 1 -- Life Income with Period Certain. This option guarantees periodic monthly payments for the lifetime of the payee with a minimum number of years of payments. If the payee lives longer than the minimum period, payments will continue for his or her life. The minimum period can be 10, 15, or 20 years. The payee selects the designated period. If the payee dies during the minimum period, we will discount the amount of the remaining guaranteed payments at the same rate used in calculating income payments. We will pay the discounted amount in a lump sum to the payee's estate, unless otherwise provided. Optional Payment Plan 2 -- Income for a Fixed Period. This option provides for periodic payments to be made for a fixed period not longer than 30 years. Payments can be made annually, semi-annually, quarterly, or monthly. If the payee dies, we will discount the amount of the remaining guaranteed payments to the date of the payee's death at the same rate used in calculating income payments. We will pay the discounted amount in a lump sum to the payee's estate, unless otherwise provided. Optional Payment Plan 3 -- Income of a Definite Amount. This option provides periodic payments of a 118 definite amount to be paid. Payments can be made annually, semi-annually, quarterly, or monthly. The amount paid each year must be at least $120 for each $1,000 of proceeds. Payments will continue until the proceeds are exhausted. The last payment will equal the amount of any unpaid proceeds. If the payee dies, we will pay the amount of the remaining proceeds with earned interest in a lump sum to the payee's estate, unless otherwise provided. Optional Payment Plan 4 -- Interest Income. This option provides for periodic payments of interest earned from the proceeds left with us. Payments can be made annually, semi-annually, quarterly, or monthly. If the payee dies, we will pay the amount of remaining proceeds and any earned but unpaid interest, in a lump sum to the payee's estate, unless otherwise provided. This plan is not available to contracts issued as Qualified Contracts. Optional Payment Plan 5 -- Joint Life and Survivor Income. This option provides for us to make monthly payments to two payees for a guaranteed minimum of 10 years. Each payee must be at least 35 years old when payments begin. Payments will continue as long as either payee is living. If both payees die before the end of the minimum period, we will discount the amount of the remaining payments for the 10 year period at the same rate used in calculating income payments. We will pay the discounted amount in a lump sum to the survivor's estate, unless otherwise provided. Optional Payment Plan 6 -- Fixed Income for Life. This option provides for us to make monthly payments of a fixed amount for the life of the Annuitant or, if there are Joint Annuitants, the last surviving Annuitant. If Lifetime Income Plus, Lifetime Income Plus 2007, Lifetime Income Plus 2008 or Lifetime Income Plus Solution has been elected and the contract has reached the latest permitted Maturity Date, the fixed amount payable annually will be greater than or equal to the most recently calculated Withdrawal Limit. If the last surviving Annuitant dies, no amount will be payable under this option. If the payee is not a natural person, our consent must be obtained before selecting an Optional Payment Plan. Fixed income payments, if selected, will begin on the date we receive due proof of the Annuitant's death, or on the Maturity Date. Variable income payments will begin within seven days after the date payments would begin under the corresponding fixed option. Payments under Optional Payment Plan 4 (Interest Income) will begin at the end of the first interest period after the date proceeds are otherwise payable. All payments under Option Payment Plan 2 (Income for a Fixed Period), Optional Payment Plan 3 (Income of a Definite Amount) and Optional Payment Plan 4 (Interest Income) may be redeemed by the payee upon written request to our Home Office. Payments made under Optional Payment Plan 1 (Life Income with Period Certain), Optional Payment Plan 5 (Joint Life and Survivor Income) and Optional Payment Plan 6 (Fixed Income for Life) are not redeemable. If payments under Optional Payment Plans 2, 3 or 4 are variable income payments, and a request for redemption is received in good order, the payment will be made within seven days in accordance with the "Surrenders and Partial Surrenders" provision. If payments under Optional Payment Plan 2, Optional Payment Plan 3 or Optional Payment 4 are fixed income payments, and a request for redemption is received in good order, the payment will generally be made within seven days, however, some states require us to reserve the right to defer payments from the Guarantee Account for up to six months from the date we receive the request for payment. If your contract is a Qualified Contract, Optional Payment Plans 2 and 3 may not satisfy minimum required distribution rules. Optional Payment Plan 4 is not available to contracts issued as Qualified Contracts. Optional Payment Plan 5 may not satisfy required distribution rules for all designated beneficiaries. Consult a tax adviser before electing one of these options. Variable Income Payments The monthly amount of your first variable income payment will equal your Contract Value as of the Maturity Date, less any premium taxes, multiplied by the monthly payment rate for the payment plan you choose (at an assumed interest rate of 3%), divided by 1,000. We determine subsequent payments based on Annuity Units. On the Maturity Date, we determine the number of Annuity Units for each Subaccount. This number will not change unless you make a transfer. On the Maturity Date, the number of Annuity Units for a Subaccount is the portion of the first payment from that Subaccount divided by the Annuity Unit value for that Subaccount on the day the first payment is due. Each subsequent variable income payment will equal the sum of payments for each Subaccount. The payment for a Subaccount is the number of Annuity Units for that Subaccount multiplied by the Annuity Unit value for that Subaccount seven days before the monthly anniversary of the Maturity Date. 119 Following the Maturity Date, the Annuity Unit value of each Subaccount for any Valuation Period will equal the Annuity Unit value for the preceding Valuation Period multiplied by the product of (a) and (b), where: (a) is the net investment factor for the Valuation Period for which we are calculating the Annuity Unit value; and (b) is an assumed interest rate factor equal to .99991902 raised to a power equal to the number of days in the Valuation Period. The assumed interest rate factor in (b) above is the daily equivalent of dividing by one plus the assumed investment interest rate of 3%. We may offer a plan that has a different assumed investment interest rate. If we do, the assumed interest rate factor we use in (b) above would change. If you have elected Payment Optimizer Plus, the assumed interest rate will be 4% and the assumed interest rate factor in (b) will equal .99989255 raised to a power equal to the number of days in the Valuation Period. Transfers After the Maturity Date If we are making variable income payments, the payee may change the Subaccounts from which we are making the payments three times each calendar year. If you elect Payment Optimizer Plus, the benefits you receive under such rider may be reduced if, after a transfer, your assets (Annuity Units) are not allocated in accordance with the prescribed Investment Strategy. Transfers may not be made if income payments are being received pursuant to the terms of Guaranteed Income Advantage. The transfer will be effective as of the end of the Valuation Period during which we receive written request at our Home Office. We reserve the right to limit the number of transfers, if necessary, for the contract to continue to be treated as an annuity under the Code. We also reserve the right to refuse to execute any transfer if any of the Subaccounts that would be affected by the transfer is unable to purchase or redeem shares of the Portfolio in which the Subaccount invests or if the transfer would adversely affect Annuity Unit values. If the number of Annuity Units remaining in a Subaccount after a transfer is less than 1, we will transfer the remaining balance in addition to the amount requested for the transfer. We will not allow a transfer into any Subaccount unless the number of Annuity Units of that Subaccount after the transfer is at least 1. The amount of the income payments as of the date of the transfer will not be affected by the transfer. We will not charge for transfers made after the Maturity Date. We do not permit transfers between the Subaccounts and the Guarantee Account after the Maturity Date. We also do not permit transfers in the Guarantee Account from one interest rate guarantee period to another interest rate guarantee period. Guaranteed Income Advantage Guaranteed Income Advantage provides a guaranteed income benefit that is based on the amount of assets you invest in the GIS Subaccount(s). Under the rider, you will receive a series of monthly income payments determined on the earlier of the date you designate payments from the GIS Subaccount(s) to begin (the "Income Start Date") or the date you annuitize the contract (the "Maturity Date"). Each series of monthly income payments is referred to as a segment. The guaranteed income benefit may be comprised of one or more segments. If you meet the conditions of the rider, as discussed more fully below, the amount of your monthly income payment, for each segment, will have a guaranteed income floor, and the guaranteed income floor will not vary based on the market performance of the Subaccounts in which your assets are allocated. There is an extra charge for this rider. You may not allocate premium payments or assets in your contract directly to the GIS Subaccount(s). Payments to the GIS Subaccount(s) must be made through a series of scheduled transfers. As discussed in the "Scheduled Transfers" section below, scheduled transfers may be made in advance of their due date. In other words, you will have the ability to "pre-pay" transfers into the GIS Subaccount(s). Because this contract is no longer offered and sold, Guaranteed Income Advantage is no longer available to purchase under the contract. Each segment has its own effective date, Income Start Date, series of scheduled transfers, monthly income plan and guaranteed annual income factor. If you wish to elect this rider, you must do so at the time of application. You may add additional segments on any contract monthly anniversary for a maximum of five segments, provided the Annuitant is age 70 or younger at the time the segment is elected. We reserve the right to allow additional segments in the future. Scheduled Transfers The first scheduled transfer is made to the GIS Subaccount(s) as of the effective date of the segment. Scheduled transfers if due will continue to be made on each monthly anniversary of that date until the earlier of the Income Start Date or the Maturity Date. Scheduled transfers may be made in advance of the monthly anniversaries on which they become due. If any month ends before the monthly anniversary or on a day that is not a Valuation Day, the next Valuation Day will be treated as the monthly anniversary for that month. 120 Only scheduled transfers can be made into the GIS Subaccount(s). Premium payments may not be made directly to the GIS Subaccount(s). Scheduled transfers are made first to the GIS Subaccount(s) of the segment that has been in effect for the longest period of time. Scheduled transfers will first be made on a prorata basis from the Subaccounts to which you have allocated assets, excluding the GIS Subaccount(s). There is a minimum scheduled transfer of $100. If amounts available for transfer on the date of the scheduled transfer are not enough to make the scheduled transfer, that scheduled transfer and any future scheduled transfers will not be made with respect to that segment. Your guaranteed income floor for that segment will be based upon scheduled transfers made to that date. Partial Surrenders and Transfers You may take a partial surrender or make transfers from the GIS Subaccount(s) at any time prior to the earlier of the Income Start Date or the Maturity Date. Except for the annual contract maintenance charge and any transfer charge (if applicable), any rider charge and contract charge not taken as an asset based charge from the GIS Subaccount(s) will be treated as partial surrenders for purposes of calculating the guaranteed income floor and scheduled transfers made. Once you take a partial surrender or make a transfer from a segment, you will not be permitted to make any additional scheduled transfers to that segment. Your guaranteed income floor will be adjusted to reflect the amount partially surrendered or transferred by using a recalculation of scheduled transfers made as described below. After such partial surrender or transfer, the scheduled transfers made will equal (a) multiplied by (b) divided by (c), where: (a) is the scheduled transfers made prior to such partial surrender or transfer; (b) is the value of the applicable GIS Subaccount(s) after such partial surrender or transfer; and (c) is the value of the applicable GIS Subaccount(s) before such partial surrender or transfer. Unless you instruct otherwise, partial surrenders will first be deducted from the Subaccounts in which you have allocated assets, excluding the GIS Subaccount(s). These deductions will be taken on a prorata basis. Partial surrenders will then be deducted from the GIS Subaccount(s) from the segment that has been in effect for the shortest period of time. Transfers from the GIS Subaccount(s) will be subject to the provisions stated in the "Transfers" provision of this prospectus. Monthly Income You may elect to receive monthly income under this rider or you may elect to transfer the value in the GIS Subaccount(s) to another investment option under your contract and receive income payments. If you elect to transfer the value in the GIS Subaccount(s) to another investment option, you will lose the guaranteed income benefit for that segment. On the Income Start Date, we will begin making monthly income payments in accordance with the monthly income plan chosen by you. The Income Start Date for the first segment is determined at application. The Income Start Date for each additional segment is determined at the time that segment is added to the contract. Once established, these Income Start Dates cannot be changed. For a single Annuitant, monthly income will be based on a Life Income with a 10 Year Period Certain plan. For Joint Annuitants, monthly income will be based on a Joint Life and Survivor Income with a 10 Year Period Certain plan. Different options may be elected prior to the effective date of the segment and must be approved by us. Please note that all Optional Payment Plans listed may not be available. See "Optional Payment Plans" in the "Income Payments" provision of this prospectus for additional information on available payment options. Once monthly income payments begin, we will allocate payments to the investment options in which you have allocated assets at that time, excluding the GIS Subaccount(s), unless you choose to have monthly income payments made directly to you. Monthly income is calculated as of the first Valuation Day of each annuity year. If the first day of the annuity year does not begin on a Valuation Day, payments will be calculated on the next succeeding Valuation Day. Monthly income from the segment will not change from month to month during an annuity year; however, if another segment begins monthly payments after payments have already begun from other segments, your total monthly payments may increase due to the fact payments are being made from multiple segments. How Income Payments are Calculated Initial Income Payment. The initial annual income amount under any applicable payment plan is calculated by taking (a) multiplied by (b), divided by (c), where: (a) is the annual income rate per $1,000 in the contract for the income payment plan elected and the gender(s) and settlement age(s) of the Annuitant(s) as shown in the rider as of the Income Start Date; 121 (b) is the value in the applicable GIS Subaccount(s) as of the Income Start Date, less any applicable premium tax; and (c) is $1,000. Income rates, for purposes of Guaranteed Income Advantage, are based on the Annuity 2000 Mortality Tables, using an assumed interest rate of 3.5%. The initial monthly income is the greater of the level income amount and the guaranteed income floor. We determine the level income amount by applying the annual income amount to a 12 month, period certain, single payment immediate annuity. The guaranteed income floor is equal to (a) multiplied by (b) multiplied by (c), where: (a) is the scheduled transfer; (b) is the guaranteed annual income factor divided by 12; and (c) is the number of scheduled transfers made, adjusted for partial surrenders and transfers. The guaranteed income floor is equal to (a) multiplied by (b), where: (a) is the scheduled transfers made into the GIS Subaccount(s), adjusted for partial surrenders and transfers; and (b) is the guaranteed annual income factor divided by 12. Subsequent Income Payments. Subsequent income payments are determined by Annuity Units. The amount of any subsequent annual income amount may be greater or less than the initial amount. The number of Annuity Units is determined by dividing the dollar amount of the initial annual income amount by the Annuity Unit values as of the Income Start Date. Your number of Annuity Units under a particular segment remains fixed. The dollar amount of each subsequent annual income amount is determined by multiplying your number of Annuity Units by the Annuity Unit value as of the Valuation Day each annuity year begins. The number of Annuity Units for each Subaccount is determined by dividing the portion of the initial annual income amount attributable to that Subaccount by the Annuity Unit value for that Subaccount as of the Income Start Date. The dollar amount of each subsequent annual income amount is the sum of the amounts from each Subaccount. The amount is determined by multiplying your number of Annuity Units in each Subaccount by the Annuity Unit value for that Subaccount as of the Valuation Day each annuity year begins. An adjustment account is established on the Income Start Date. The adjustment account tracks the difference between the level income amount and the guaranteed income floor when the level income amount is less than the guaranteed income floor. You will not receive monthly income above the guaranteed income floor unless future performance of the underlying Subaccount(s) is sufficient to reduce the adjustment account to zero. Therefore, poor long-term performance of the underlying Subaccount(s) may result in monthly income equal to the guaranteed income floor, even if the underlying Subaccount(s) performs well in a particular year. The value of the adjustment account will be the greater of (a) and (b), where: (a) is zero; and (b) is 12 multiplied by the guaranteed income floor minus 12 multiplied by the initial level income amount. The actual monthly income in subsequent annuity years is the greater of (a) and (b), where: (a) is the subsequent level income amount minus any value in the adjustment account as of the date the last monthly income was made divided by 12; and (b) is the guaranteed income floor. For monthly income in subsequent annuity years, the value of the adjustment account will be the greater of (a) and (b) where: (a) is zero; and (b) is the value of the adjustment account as of the date that the last monthly income was made, plus 12 multiplied by the actual subsequent monthly income, minus 12 multiplied by the subsequent level income amount. On the Income Start Date, if any monthly income payment would be $100 or less, we reserve the right to reduce the frequency of transfers or payments to an interval that would result in each amount being at least $100. If the annual amount is less than $100, we will pay you the value in the applicable GIS Subaccount as of the Income Start Date and that segment will terminate. On the Maturity Date, no further scheduled transfers can be added to the GIS Subaccount(s). On this date, monthly income will be included as part of income payments in accordance with your income payment plan selected. Death Provisions The following provisions apply to any and all segments with regard to the death of any Annuitant. 122 Special Distribution Rules When Death Occurs Before Income Start Date and Maturity Date. For a surviving spouse who is an Annuitant and a designated beneficiary, the following will apply: (1) Upon notification of death: (a) the value of all Subaccounts, excluding the value of the GIS Subaccount(s), will be transferred to the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund; and (b) scheduled transfers if due will continue to be made. (2) If the surviving spouse elects to continue the contract, on receipt of proof of death and all required forms at our Home Office: (a) the death benefit under the contract will be allocated on a prorata basis to the investment options in which assets are then allocated; (b) all current segments will continue; and (c) the surviving spouse may elect to fund new segments on a contract monthly anniversary, if then eligible. For a surviving spouse, who is the designated beneficiary of any portion of the contract but not an Annuitant, the following will apply: (1) Upon notification of death: (a) the value of all Subaccounts, including the GIS Subaccount(s), will be transferred to the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund; and (b) all existing segments will terminate. (2) If the surviving spouse elects to continue the contract, on receipt of proof of death and all required forms at our Home Office: (a) we will allocate the death benefit under the contract on a prorata basis to the investment options in which assets are then allocated; and (b) the surviving spouse may elect to fund new segments on a contract monthly anniversary, if then eligible. Special Distribution Rules When Death Occurs On or After Income Start Date and Before Maturity Date. If any Annuitant dies on the Income Start Date, the death benefit is reduced prorata by the same proportion that the value in the GIS Subaccount(s) is to the total Contract Value. If any Annuitant dies after the Income Start Date but before the Maturity Date, proceeds will be paid under this rider, unless the surviving spouse continues the contract. The amount of proceeds payable under this rider will be the greater of (a) and (b), where: (a) is the commuted value of the remaining period certain of the guaranteed income floor; and (b) is the commuted value of the remaining period certain of the annual income amount. Commuted values will be calculated at a rate not greater than 1% above the rate at which the payments and Annuity Units were calculated. We will calculate the commuted values on the date that we receive proof of death and all required forms at our Home Office. For a surviving spouse who is an Annuitant and designated beneficiary, the following will apply: (1) Upon notification of death: (a) the value of all Subaccounts, excluding the value of the GIS Subaccount(s), will be transferred to the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund; and (b) scheduled transfers if due will continue to be made. (2) If the surviving spouse elects to continue the contract, on receipt of proof of death and all required forms at our Home Office: (a) the death benefit will be allocated on a prorata basis to the investment options in which assets are then allocated including any rider segments that are in effect prior to the Income Start Date; (b) all current segments will continue; and (c) the surviving spouse may elect to fund new segments on any contract monthly anniversary, provided he or she meets the eligibility requirements. For a surviving spouse, who is the designated beneficiary of any portion of the contract but not an Annuitant, the following will apply; (1) Upon notification of death; (a) all value of the Subaccounts will be transferred to the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund; and (b) all existing segments not past the Income Start Date will terminate. 123 (2) If the surviving spouse elects to continue the contract, on receipt of proof of death and all required forms at our Home Office: (a) the death benefit will be allocated on a prorata basis to the investment options in which assets are then allocated; (b) any segment past its Income Start Date will continue any remaining period certain payments; and (c) the surviving spouse may elect to fund new segments on any contract monthly anniversary, provided he or she meets the eligibility requirements. The surviving spouse will become the named designated Annuitant. Other Contract Charges Any rider and contract charges not taken on a daily basis will first be deducted on a prorata basis from all Subaccounts, excluding the GIS Subaccount(s). Any remaining charges will be deducted from the GIS Subaccount(s) of the segments beginning with the segment that has been in effect for the shortest period of time and that has not reached its Income Start Date. Except for the annual contract maintenance charge and any transfer charge (if applicable), any rider charge and contract charge not taken as an asset based charge from the GIS Subaccount(s) will be treated as partial surrenders for purposes of calculating the guaranteed income floor and scheduled transfers made. Termination of Rider This rider will terminate on the contract anniversary following the first date that there are no segments, unless you are eligible to buy a segment on that date. Ownership and Change of Ownership On the date that the contract is assigned or sold, unless under an involuntary assignment effected by legal process, all amounts in the GIS Subaccount(s) will be transferred to the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund. If you marry after the Contract Date, you may add your spouse as a Joint Owner and Joint Annuitant or as a Joint Annuitant only, subject to our approval. For purposes of this rider: . a non-natural owner must name an Annuitant and may name a Joint Annuitant; . a natural individual owner must also be an Annuitant; . if there is only one natural owner, that owner may name his or her spouse as a Joint Annuitant. . Under federal tax law, all contract provisions relating to spousal continuation are available only to a person who meets the definition of "spouse" under federal law. The U.S. Supreme Court has held that same-sex marriages must be permitted under state law and that marriages recognized under state law will be recognized for federal law purposes. Domestic partnerships and civil unions that are not recognized as legal marriages under state law, however, will not be treated as marriages under federal law. Consult a tax adviser for more information on this subject. Civil union partners are not permitted to continue the contract without taking required distributions upon the death of an owner. Therefore, even if named a joint owner/Joint Annuitant, a civil union partner will have to take required distributions upon the death of the other joint owner/Joint Annuitant. See the "Distribution Rules" provision of this prospectus. If this situation applies to you, you should consult a tax adviser. 124 Examples The following example shows how Guaranteed Income Advantage works based on hypothetical values. The example is for illustrative purposes only and is not intended to depict investment performance of the contract and, therefore, should not be relied upon in making a decision to invest in the rider or contract. The example assumes that an owner purchases a contract with a male Annuitant age 60 at the time of issue and has elected a Life Income with 10 Years Certain payment plan. In addition, the example assumes that: (1) the owner purchases the contract for $96,000; (2) a bonus credit of $4,800 (5% of $96,000) is applied to the contract; (3) the owner makes no additional premium payments; (4) the owner purchases only one segment; (5) the contract, including the GIS Subaccount investing in shares of the State Street Variable Insurance Series Funds, Inc. -- Total Return V.I.S. Fund, earns a net return of 5%; (6) the owner makes scheduled transfers of $840 at the first of every month (for a total of $10,080 per year) for 10 years; and (7) the owner annuitizes the GIS Subaccount at the end of the 10th year.

Value of Value of Guaranteed Value of Value of GIS GIS Minimum Subaccounts Scheduled Subaccounts Subaccount Scheduled Subaccount Annual at Beginning Transfers at End at Beginning Transfers at End Payment Year of Year Made of Year of Year Made of Year Accrued ------------------------------------------------------------------------------------ 1 $100,800 $10,080 $100,781 $ 0 $10,080 $ 10,351 $ 1,004 2 100,781 10,080 95,469 10,351 10,080 21,219 2,008 3 95,469 10,080 89,892 21,219 10,080 32,631 3,012 4 89,892 10,080 84,035 32,631 10,080 44,614 4,016 5 84,035 10,080 77,886 44,614 10,080 57,196 5,020 6 77,886 10,080 71,429 57,196 10,080 70,406 6,024 7 71,429 10,080 64,650 70,406 10,080 84,278 7,029 8 64,650 10,080 57,531 84,278 10,080 98,842 8,033 9 57,531 10,080 50,057 98,842 10,080 114,136 9,037 10 50,057 10,080 42,209 114,136 10,080 130,193 10,041 ------------------------------------------------------------------------------------

Assuming the above, we will make guaranteed payments of $10,041 (annually) to the owner for the life of the Annuitant or for 10 years, whichever is longer. The table below shows how calculated payments and the adjustment account may vary and affect the payment to the owner.

Adjustment Calculated Guaranteed Payment Account Year Payment Payment to Owner Balance ---------------------------------------------- 11 $ 9,977 $10,041 $10,041 $64 12 10,121 10,041 10,121 0 13 10,268 10,041 10,268 0 14 10,417 10,041 10,417 0 15 10,568 10,041 10,568 0 16 10,721 10,041 10,721 0 17 10,876 10,041 10,876 0 18 11,034 10,041 11,034 0 19 11,194 10,041 11,194 0 20 11,356 10,041 11,356 0 ----------------------------------------------

125 The following example shows how Guaranteed Income Advantage works based on hypothetical values. The example is for illustrative purposes only and is not intended to depict investment performance of the contract and, therefore, should not be relied upon in making a decision to invest in the rider or contract. The example assumes that an owner purchases a contract with a male Annuitant age 60 at the time of issue and has elected a Life Income with 10 Years Certain payment plan. In addition, the example assumes that: (1) the owner purchases the contract for $96,000; (2) a bonus credit of $4,800 (5% of $96,000) is applied to the contract; (3) the owner makes no additional premium payments; (4) the owner purchases only one segment; (5) the contract, including the GIS Subaccount investing in shares of the State Street Variable Insurance Series Funds, Inc. -- Total Return V.I.S. Fund, earns a net return of 5%; (6) the owner transfers the entire $100,800 ($96,000 + $4,800) into the GIS Subaccount at the beginning of year 1; and (7) the owner annuitizes the GIS Subaccount at the end of the 10th year.

Value of Value of Guaranteed Value of Value of GIS GIS Minimum Subaccounts Scheduled Subaccounts Subaccount Scheduled Subaccount Annual at Beginning Transfers at End at Beginning Transfers at End Payment Year of Year Made of Year of Year Made of Year Accrued ------------------------------------------------------------------------------------ 1 $100,800 $100,800 $0 $ 0 $100,800 $111,132 $10,543 2 0 0 0 111,132 0 116,689 10,543 3 0 0 0 116,689 0 122,523 10,543 4 0 0 0 122,523 0 128,649 10,543 5 0 0 0 128,649 0 135,082 10,543 6 0 0 0 135,082 0 141,836 10,543 7 0 0 0 141,836 0 148,928 10,543 8 0 0 0 148,928 0 156,374 10,543 9 0 0 0 156,374 0 164,193 10,543 10 0 0 0 164,193 0 172,402 10,543 ------------------------------------------------------------------------------------

Assuming the above, we will make guaranteed payments of $10,041 (annually) to the owner for the life of the Annuitant or for 10 years, whichever is longer. The table below shows how calculated payments and the adjustment account may vary and affect the payment to the owner.

Adjustment Calculated Guaranteed Payment Account Year Payment Payment to Owner Balance ---------------------------------------------- 11 $13,211 $10,543 $13,211 $0 12 13,403 10,543 13,403 0 13 13,597 10,543 13,597 0 14 13,794 10,543 13,794 0 15 13,994 10,543 13,994 0 16 14,197 10,543 14,197 0 17 14,402 10,543 14,402 0 18 14,611 10,543 14,611 0 19 14,823 10,543 14,823 0 20 15,038 10,543 15,038 0 ----------------------------------------------

126 Tax Treatment of Guaranteed Income Advantage Monthly income payments allocated to investment options under the contract and other transfers to investment options are generally not subject to tax. However, for purposes of reporting the taxable amount of withdrawals, income on the contract is determined using the entire contract value, including the value of any annuitized segment allocating monthly income payments to investment options. You may not elect to have monthly income payments paid to you and then later direct that they be allocated to investment options under the contract. Monthly income payments from less than the entire Contract Value will not be treated as withdrawals for federal income tax purposes, if certain conditions are satisfied. To be treated as monthly income payments (instead of as a series of withdrawals), income payments from less than the entire Contract Value must be taken for one or more lives or a fixed period of at least 10 years. Lifetime income with a period certain of any duration would qualify. In that case, a pro-rata portion of your "investment in the contract" will be allocated to the income payments. The tax treatment of such income payments is the same as that for income payments received on or after the Maturity Date, as described below. If monthly income payments are taken from less than the entire Contract Value and you subsequently direct that they be allocated to investment options under the contract, the tax treatment of payments before or after such allocation is uncertain. Monthly income payments you receive on or after the Maturity Date (i.e., from the entire Contract Value) will be subject to tax as income payments. A portion of each payment will be treated as nontaxable recovery of your "investment in the contract" (see above) and the remainder will be taxed at ordinary income tax rates. We will notify you annually of the taxable amount of your income payments. If income payments cease because of the death of the Annuitant(s) and before the total amount of the "investment in the contract" has been recovered, the unrecovered amount generally will be deductible. Persons intending to purchase Guaranteed Income Advantage in connection with a qualified retirement plan should obtain advice from a tax adviser. For further information on the tax treatment of partial surrenders and income payments, see the "Tax Matters" provision below. Payment Optimizer Plus Payment Optimizer Plus provides for a guaranteed income benefit that is based on the amount of premium payments you make to your contract. Please note that we do not consider Bonus Credits as "premium payments" for purposes of the contract and this rider. Therefore, any applicable Bonus Credit will not be included in the benefit base. You will have to reset your benefit under the terms of the rider to capture the Bonus Credit or any related earnings in the benefit base. Under the rider, you will receive a series of monthly income payments determined on the Maturity Date. If you meet the conditions of the rider, as discussed more fully below, the amount of your monthly income payment will have a guaranteed payment floor, and the guaranteed payment floor will not vary based on the market performance of the Subaccounts in which your assets are allocated. In addition, you will be eligible to receive at least the value of your premium payments in monthly income or additional death proceeds, even if your Contract Value reduces to zero. The rider includes an "immediate annuitization" feature that provides you the opportunity to receive monthly income payments within the first year of the contract. Under the rider, you also may request to terminate your contract and rider at any time after the Maturity Date and receive the commuted value of your income payments, minus a commutation charge, in a lump sum, so long as the termination is after the right to cancel period under your contract. These and other features of the rider are more fully discussed below. Please note that the commutation feature in Payment Optimizer Plus may not be available in all states. Please review the features of Payment Optimizer Plus available in the contract issued in your state before making a decision to elect the rider. Payment Optimizer Plus is not available for contracts issued after October 17, 2008. There is an extra charge for this rider. Investment Strategy In order to receive the full benefit provided by this rider, you must invest all premium payments and allocations in accordance with a prescribed Investment Strategy. If you do not allocate all assets in accordance with a prescribed Investment Strategy, your benefit will be reduced by 50%. Even if your benefit is reduced, you will continue to pay the full amount charged for the rider. Investment Strategies may change from time to time. You may allocate your assets in accordance with your Investment Strategy prescribed at the time the contract was issued, or in accordance with the Investment Strategy in effect at the time you reset your benefit. Therefore, you may have assets allocated to an Investment Strategy that is different than the Investment Strategy described in this prospectus. Your ability to choose different Investment Strategies is limited, as described below. 127 The Investment Strategy includes Designated Subaccounts and Asset Allocation Model C. Under this Investment Strategy, contract owners may allocate assets to either Asset Allocation Model C or to one or more Designated Subaccounts. Contract owners may not allocate assets to Asset Allocation Model C and one or more Designated Subaccounts. Contract owners, however, may elect to participate in the Defined Dollar Cost Averaging program, which permits the owner to systematically transfer a fixed dollar amount on a monthly basis for twelve months from the Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund to one of the available Investment Strategy options. The Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund is only available as part of the Defined Dollar Cost Averaging Program. For more information about Asset Allocation Model C, the Subaccounts comprising Asset Allocation Model C and the Designated Subaccounts, and the Defined Dollar Cost Averaging program, please see the "Subaccounts" and "Asset Allocation Program" and "Defined Dollar Cost Averaging Program" provisions of this prospectus. On a monthly basis, we will rebalance your Contract Value to the Subaccounts in accordance with the percentages that you have chosen to invest in the Designated Subaccounts or in accordance with the allocations that comprise Asset Allocation Model C. In addition, we will also rebalance your Contract Value on any Valuation Day after any transaction involving a withdrawal, receipt of a premium payment or a transfer of Contract Value, unless you instruct us otherwise. If you are participating in the Defined Dollar Cost Averaging program, rebalancing will not affect the assets allocated to the Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund. Shares of a Portfolio may become unavailable under the contract for new premium payments, transfers, and asset rebalancing. As a result, shares of a Portfolio may also become unavailable under your Investment Strategy. Investment Strategies may be modified to respond to such events by removing unavailable Portfolios and adding new Portfolios as appropriate. Because such changes may affect your allocation instructions, you will need to provide updated allocation instructions to comply with the modified Investment Strategy. If you do not provide updated allocation instructions, any subsequent premium payments or transfers requesting payment to an unavailable Portfolio will be considered not in good order. Periodic rebalancing to unavailable Portfolios will cease and any imbalances in percentages due to lack of asset rebalancing will not cause a reduction in your benefit. If you request a transfer or send a subsequent premium payment with allocation instructions to a Portfolio that is not part of the prescribed Investment Strategy, we will honor your instructions. Please be aware, however, that your total Contract Value will not be invested in accordance with the prescribed Investment Strategy, and your benefit base will be reduced by 50%, resulting in a reduction in your benefit. You may elect to resume participation in the prescribed Investment Strategy at your next available reset date, as described in the "Reset of Benefit Base" provision below, provided we receive written notice of your election at our Home Office at least 15 days prior to that date. If you elect to participate in the Investment Strategy, your benefit base will be reset to your Contract Value as of that date. At that time, the charge for this rider will also be reset. The new charge, which may be higher than your previous charge, is guaranteed not to exceed an annual rate of 1.25%. The current Investment Strategy is as follows: (1) owners may allocate assets to the following Designated Subaccounts: AB Variable Products Series Fund, Inc. -- AB Balanced Wealth Strategy Portfolio -- Class B; AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares (formerly, Oppenheimer Variable Account Funds -- Oppenheimer Conservative Balanced Fund/VA -- Service Shares); AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -- Invesco V.I. Equity and Income Fund -- Series II shares; BlackRock Variable Series Funds, Inc. -- BlackRock Global Allocation V.I. Fund -- Class III; Fidelity Variable Insurance Products Fund -- VIP Balanced Portfolio -- Service Class 2; Janus Aspen Series -- Janus Henderson Balanced Portfolio -- Service Shares; MFS(R) Variable Insurance Trust -- MFS(R) Total Return Series -- Service Class Shares; and/or State Street Variable Insurance Series Funds, Inc. -- Total Return V.I.S. Fund -- Class 3 Shares; OR (2) owners may allocate assets to Asset Allocation Model C. Contract owners may elect to participate in the Defined Dollar Cost Averaging program when they apply for the contract. Defined Dollar Cost Averaging permits the owner to systematically transfer a fixed dollar amount on a monthly basis for twelve months from the Designated Subaccount investing in 128 the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund to one of the available Investment Strategy options. The Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund is only available as part of the Defined Dollar Cost Averaging program. If, on the Maturity Date, you are allocating assets in accordance with the prescribed Investment Strategy and you later choose to allocate the value of Annuity Units without following the Investment Strategy, your income base will be reduced by 50% and the benefits you are eligible to receive under the rider will be reduced. However, if your benefit base was reduced due to not following the Investment Strategy and then not reset before your Maturity Date, this adjustment does not apply. On a monthly basis, we will rebalance the value of Annuity Units to the Subaccounts in accordance with the percentages that you have chosen for the Designated Subaccounts or in accordance with the allocations that comprises Asset Allocation Model C. If you are participating in the Defined Dollar Cost Averaging program, rebalancing will not affect the assets allocated to the Designated Subaccount investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund. We will not reduce your benefit base or income base if you are not following the Investment Strategy due to a Portfolio liquidation or a Portfolio dissolution and the assets are transferred from the liquidated or dissolved Portfolio to another Portfolio. Benefit Base and Income Base Benefit base is used to calculate income base. Income base is used to calculate the guaranteed amount of monthly income. Income base is also used to calculate any additional death proceeds. If benefit base or income base is reduced, the benefits you are eligible for under this rider also will be reduced. The initial benefit base is equal to the sum of all premium payments received on the Contract Date. The benefit base remains in effect until adjusted as described below. If you have allocated assets in accordance with the prescribed Investment Strategy from the later of the Contract Date and the date on which benefit base was reset, as described in the "Reset of Benefit Base" provision below, any additional premium payments applied will be added to the benefit base as of the prior Valuation Day. Important Note. We reserve the right to exclude additional premium payments from being applied to the benefit base. As a result, it is possible that you would not be able to make subsequent premium payments after the initial premium payment to take advantage of the benefits provided by Payment Optimizer Plus that would be associated with such additional premium payments. For example, since your benefit base would not be increased for such subsequent premium payments, the monthly income payments associated with such premium payments would not have a guaranteed payment floor and such premium payments would not increase the income base for purposes of calculating the amount of any additional death proceeds. In addition, if you make premium payments that are not included in the calculation of your benefit base, you will pay a higher rider charge to the extent that the premium payments increase the Contract Value upon which the charge is imposed. Also, to the extent your Contract Value is increased by such premium payments, you are less likely to realize any benefit under Payment Optimizer Plus, because it is less likely that your Contract Value will be less than the benefit base or income base, as applicable. Bonus Credits will have a similar effect on your contract because they increase Contract Value but do not adjust the benefit base when they are applied to the contract. Before making premium payments that do not increase the benefit base, you should consider that: (i) the guaranteed payment floor, additional death proceeds, and other guarantees provided by this rider will not reflect such premium payments or Bonus Credits; (ii) any such premium payments or Bonus Credits make it less likely that you will receive any such benefits even if your Contract Value has declined; and (iii) this rider may not make sense for you if you intend to make premium payments that will not increase the benefit amount. If your benefit base was reduced due to not following the Investment Strategy and then not reset, any additional premium payments applied will increase the benefit base on the prior Valuation Day by 50% of the premium payment. All withdrawals, including any surrender charges, reduce the benefit base. The new benefit base is equal to (a) multiplied by (b) divided by (c), where: (a) is the benefit base as of the prior Valuation Day, adjusted for any additional premium payments received; (b) is the Contract Value following the withdrawal; and (c) is the Contract Value before the withdrawal. On the Maturity Date, the income base is set equal to the benefit base. Any withdrawal that occurs on the Maturity Date will be processed before benefit base is converted to income base. Reset of Benefit Base. If all of the Annuitants are ages 50 through 80, you may choose to reset your benefit base on an annual anniversary of the Contract Date that is at least 12 months after the later of the Contract Date and the last reset date. 129 We must receive written notice of your election to reset your benefit base at our Home Office at least 15 days prior to the reset date. If you do reset your benefit base, as of that date, we will: . reset the benefit base to your Contract Value; . reset the charge for this rider. The new charge, which may be higher than your previous charge, will never exceed 1.25% annually; and . reset the Investment Strategy to the current Investment Strategy. You may not reset your benefit base after the Maturity Date. If on any contract anniversary any Annuitant is older than age 80, you may not reset your benefit base. Because the Maturity Date is determined by when you begin taking income payments, you should carefully consider when to start taking income payments if you elected Payment Optimizer Plus. The longer you wait before beginning to take income payments, the more opportunities you may have to reset the benefit base and thereby potentially increase the amount of income payments. If you delay starting to take income payments too long, however, you may limit the number of years available for you to take income payments in the future (due to life expectancy) and you may be paying for a benefit you are not using. Systematic Resets. You may elect to reset your benefit base automatically on an available contract anniversary (a "systematic reset"). If you have not previously elected to systematically reset your benefit, or if your election has terminated, we must receive written notice of your election to systematically reset your benefit at our Home Office at least 15 days prior to your next contract anniversary. A systematic reset of your benefit base will occur when your contract value is higher than the benefit base as of the available contract anniversary or, if the contract anniversary is not a Valuation Day, as of the next Valuation Day. By "available contract anniversary" we mean a contract anniversary on which you are eligible to reset your benefit, as such requirements (age and otherwise) are described herein. Systematic resets will continue until and unless: (a) the Investment Strategy is violated; (b) the owner (or owners) submits a written request to our Home Office to terminate systematic resets; (c) income payments begin via annuitization; (d) the Investment Strategy changes, allocations are affected, and we do not receive confirmation from you to our Home Office of new allocations; or (e) ownership changes. Please note that a systematic reset will occur on an available contract anniversary if contract value is even nominally higher than the benefit base (e.g., as little as $1.00 higher) and, therefore, a systematic reset may not be in your best interest because: (i) the charge for this rider may be higher than your previous charge; and (ii) the Investment Strategy will be reset to the current Investment Strategy (the Investment Strategy offered on the reset date). Please carefully consider whether it is in your best interest to elect to systematically reset your benefit base. Monthly Income The Maturity Date under this rider may be any Valuation Day after the first Valuation Day under the Contract. Prior to the date that monthly income begins, the Maturity Date may be changed to any Valuation Day after the first Valuation Day under the Contract. On the Maturity Date, we will begin the payment process for your monthly income payments. Monthly income will be paid to you over the life of the Annuitant(s), unless you elect otherwise. Beginning on the Maturity Date, monthly income will be calculated annually as of the first Valuation Day of each annuity year. An annuity year is the one-year period beginning on the Maturity Date or on the annual anniversary of the Maturity Date. If the first day of an annuity year does not begin on a Valuation Day, the next Valuation Day will be used in calculating the monthly income for that annuity year. Monthly income will not vary during an annuity year. The amount may increase or decrease from annuity year to annuity year. How Income Payments are Calculated Guaranteed Payment Floor. The guaranteed payment floor is the guaranteed amount of each monthly income payment. The guaranteed payment floor is equal to (a) multiplied by (b) divided by (c), where: (a) is the income base; (b) is the guaranteed payment floor percentage for the attained age of the Annuitant for a single Annuitant contract or the attained age for younger living Annuitant for a Joint Annuitant contract on the Maturity Date (as specified in the contract); and (c) is 12. For purposes of this rider, the benefits provided under this rider, and the rider change, once a contract is a Joint Annuitant contract, it will remain a Joint Annuitant contract while the contract and rider are in effect. Initial Monthly Income. The initial monthly income is the greater of the level income amount and the guaranteed payment 130 floor. The annual income amount is used to determine the level income amount. We determine the level income amount by applying the annual income amount to a 12 month, period certain, single payment immediate annuity. The initial annual income amount is equal to (a) multiplied by (b), where: (a) is the payment rate based upon the gender(s), when applicable, and settlement age(s) of the Annuitant(s) as shown in the rider, the Contract Value on the Valuation Day prior to the Maturity Date and the income base as of the Maturity Date; and (b) is the Contract Value on the Valuation Day prior to the Maturity Date less any premium tax. For purposes of this rider only, the payment rates are based on the Annuity 2000 Mortality Table, using an assumed interest rate of 4%. These annuity rates may not be as favorable as the current rates we would use to calculate payments under the "Life Income with Period Certain" annuity payment option available under this contract on the Maturity Date, and your Contract Value on the Maturity Date would be higher than under this rider because there would be no associated rider charge. Accordingly, payments under such an annuity payment option may be greater than payments under this rider. However, payments under such an annuity payment option would not have a guaranteed payment floor. In addition, you would not be guaranteed to be eligible to receive at least the value of your premium payments in monthly income payments or additional death proceeds even if your Contract Value reduces to zero, although payments under life income with period certain annuity payment options may also provide certain death proceeds. You should carefully consider which annuity payment option is right for you. Monthly Age Adjustment: The settlement age(s) is the Annuitant(s)'s age last birthday on the date monthly income begins, minus an age adjustment from the table below. The actual age adjustment may be less than the numbers shown.

Year Payments Begin Maximum -------------------- Age After Prior To Adjustment -------------------- 2005 2011 5 2010 2026 10 2025 -- 15 ------------------------------

On the Maturity Date, if any monthly income payment would be $100 or less, we reserve the right to reduce the frequency of payments to an interval that would result in each amount being at least $100. If the annual payment would be less than $100, we will pay the Contract Value on the Valuation Day prior to the Maturity Date and the contract will terminate on the Maturity Date. Subsequent Monthly Income. Subsequent annual income amounts are determined by means of Annuity Units. The amount of any subsequent annual income amount may be greater or less than the initial payment. We guarantee that each subsequent payment will not be affected by variations in mortality experience from the mortality assumptions on which the first payment is based. The number of Annuity Units will be determined on the Maturity Date. The number will not change unless a transfer is made. The number of Annuity Units for a Subaccount is determined by dividing the initial annual income amount attributable to that Subaccount by the Annuity Unit value for that Subaccount as of the Maturity Date. The dollar amount of each subsequent annual income amount is the sum of the payments from each Subaccount. The payment is determined by multiplying your number of Annuity Units in each Subaccount by the Annuity Unit value for that Subaccount as of the Valuation Day each annuity year starts. An adjustment account is established on the Maturity Date. The adjustment account tracks the difference between the level income amount and the guaranteed payment floor when the level income amount is less than the guaranteed payment floor. You will not receive monthly income above the guaranteed payment floor unless future performance of the underlying Subaccount(s) is sufficient to reduce the adjustment account to zero. Therefore, poor long-term performance of the underlying Subaccount(s) may result in monthly income equal to the guaranteed payment floor, even if the underlying Subaccount(s) performs well in a particular year. The value of the adjustment account on the Maturity Date will be the greater of (a) and (b), where: (a) is zero; and (b) is 12 multiplied by the guaranteed payment floor, minus 12 multiplied by the initial level income amount. Monthly income in subsequent annuity years will be calculated annually as of the first Valuation Day of each annuity year. The actual monthly income in subsequent annuity years is the greater of (a) and (b), where: (a) is the subsequent level income amount, minus any value in the adjustment account as of the date the last monthly income was paid divided by 12; and (b) is the guaranteed payment floor. For monthly income in subsequent annuity years, the value of the adjustment account will be the greater of (a) and (b), where: (a) is zero; and 131 (b) is the value of the adjustment account as of the prior annuity year, plus 12 multiplied by the actual subsequent monthly income for the current annuity year, minus 12 multiplied by the subsequent level income amount for the current annuity year. Commutation Provision After the Maturity Date, you may request to terminate your contract and this rider. If the free look period as defined under the contract has ended, you will receive the commuted value of your income payments in a lump sum, calculated as described below (the "commutation value"). After this lump sum payment, income payments will end. Please note that the commutation feature in Payment Optimizer Plus may not be available in all states. Please review the features of Payment Optimizer Plus available in the contract issued in your state before making a decision to elect the rider. Commutation Value: The commutation value will be the lesser of (a) and (b) but not less than zero, where: (a) is (i) minus (ii) minus (iii), where: (i) is the income base less any premium tax; (ii) is the commutation charge; and (iii) is the sum of all monthly income paid; (b) is (i) minus (ii) minus (iii) plus (iv), where: (i) is the commutation base, which is described below, less any premium tax; (ii) is the commutation charge; (iii) is the adjustment account value; and (iv) is the level income amount multiplied by the number of months remaining in the current annuity year. The amount of the commutation charge will be the surrender charge that would otherwise apply under the contract, in accordance with the surrender charge schedule. Commutation Base: On any day that is a Valuation Day, the commutation base in a Subaccount is determined by multiplying the number of commutation units in that Subaccount by the value of the commutation unit for that Subaccount. The commutation base is equal to the sum of the commutation base amounts for each Subaccount. Commutation Units: On the Valuation Day prior to the Maturity Date, the commutation units in a Subaccount will be equal to the number of Accumulation Units for that Subaccount. The number of commutation units is reduced at the beginning of each annuity year. The reduction for each Subaccount equals (a) divided by (b), where: (a) is the annual income amount for the Subaccount; and (b) is the value of the commutation unit for the Subaccount on the first Valuation Day of the annuity year. Other events that will reduce the number of commutation units of a Subaccount are as follows: (1) transfers out of the Subaccount; (2) payment of commutation proceeds; (3) payment of death proceeds; and (4) deduction of applicable contract charges. Commutation units are canceled as of the end of the Valuation Period in which we receive notice in a form acceptable to us regarding an event that reduces commutation units. Transfers: When we perform Subaccount transfers after the Maturity Date, we will redeem the commutation units from the current Subaccount and purchase commutation units from the new Subaccount. The commutation base on the date of the transfer will not be affected by the transfer. The number of commutation units added to the new Subaccount is (a) multiplied by (b), divided by (c), where: (a) is the number of commutation units transferred out of the current Subaccount; (b) is the value of a commutation unit of the current Subaccount; and (c) is the value of a commutation unit of the new Subaccount. Value of Commutation Units: The initial value of a commutation unit for each Subaccount is the initial value of the Accumulation Unit for that Subaccount. Thereafter, the value of a commutation unit at the end of every Valuation Day is the value of the commutation unit at the end of the previous Valuation Day multiplied by the net investment factor, as described in the contract. The value of a commutation unit may change from one Valuation Period to the next. Note on Calculation of Commutation Value: If you elect to terminate your contract and the rider and receive the commutation value, the commutation value is based on the commuted value of your income payments in a lump sum. The amount of income payments on which the commutation value is based on either (a) income base, which is a measure of premium payments (and Contract Value, if there is a reset) applied under 132 the contract, and is used to calculate the guaranteed payment floor; and (b) commutation base, which is a measure of Contract Value had the contract not been "annuitized," and reflects the effect of market performance. In addition, the commutation value reflects the deduction of any applicable commutation charge. If you elect to terminate your contract after income payments have begun and receive the commutation value, you will receive the lesser of the adjusted income base and the adjusted commutation base (but not less than zero), as described in the calculation provided above. You should be aware that income base will not reflect any positive investment performance unless, on or before the Maturity Date, there was a reset of benefit base capturing such performance. As a result, the commutation value you receive will always be less than the income base (adjusted for any premium tax, commutation charge and monthly income paid) and will never reflect any of the positive investment performance experienced after a reset or after the Maturity Date. This rider is primarily designed to provide a guaranteed income payment with upside potential and, therefore, this rider may not make sense for you if you believe you may elect to terminate the contract and receive the commutation value after your contract has experienced positive investment performance. Accordingly, the total amount of commuted income payments you receive if you terminate the contract may be less than the total amount of income payments and additional death proceeds you would be guaranteed to receive if you did not terminate the contract. Death Provisions The following provisions apply to the rider. Special Distribution Rules When Death Occurs Before Monthly Income Starts. If the designated beneficiary is a surviving spouse who elects to continue the contract as the new owner, this rider will continue. Special Distribution Rules When the Last Annuitant Dies On or After Monthly Income Starts. If the last Annuitant dies after the Maturity Date, there may be additional death proceeds paid under this rider to the designated beneficiary in a lump sum. The amount of any additional death proceeds will be the greater of (a) and (b), where: (a) is (i) minus (ii), where: (i) is the income base; (ii) is the sum of all monthly income paid; and (b) is zero. When this Rider is Effective The effective date of the rider is the Contract Date. This rider may be terminated only when the contract is terminated. Change of Ownership We must approve any assignment or sale of this contract unless the assignment is made pursuant to a court order. General Provisions For purposes of this rider: . a non-natural owner must name an Annuitant and may name the Annuitant's spouse as a Joint Annuitant; . an individual owner must also be an Annuitant; . if there is only one owner, that owner may name only his or her spouse as a Joint Annuitant -- at issue; and . If you marry after issue, but prior to the Maturity Date, you may add your spouse as a joint owner and Joint Annuitant or as a Joint Annuitant only, subject to Home Office approval. . Under federal tax law, all contract provisions relating to spousal continuation are available only to a person who meets the definition of "spouse" under federal law. The U.S. Supreme Court has held that same-sex marriages must be permitted under state law and that marriages recognized under state law will be recognized for federal law purposes. Domestic partnerships and civil unions that are not recognized as legal marriages under state law, however, will not be treated as marriages under federal law. Consult a tax adviser for more information on this subject. Civil union partners are not permitted to continue the contract without taking required distributions upon the death of an owner. Therefore, even if named a joint owner/Joint Annuitant, a civil union partner will have to take required distributions upon the death of the other joint owner/Joint Annuitant. See the "Distribution Rules" provision of this prospectus. If this situation applies to you, you should consult a tax adviser. 133 Examples The following examples show how Payment Optimizer Plus works based on hypothetical values. The examples are for illustrative purposes only and are not intended to depict investment performance of the contract and, therefore, should not be relied upon in making a decision to invest in the rider or contract. The examples assume that an owner purchases the contract with a male Annuitant, age 65, at the time of issue. The first example assumes that: (1) the owner purchases the contract for $100,000; (2) a bonus credit of $5,000 (5% of $100,000) is applied to the contract but is not applied to the benefit base at issue; (3) the owner makes no additional premium payments or partial withdrawals; (4) all Contract Value is allocated to the prescribed Investment Strategy at all times; (5) the contract earns a net return of 0%; (6) the benefit base is reset on each contract anniversary; (7) the Maturity Date is the third contract anniversary; (8) the guaranteed payment floor percentage is 7%; (9) the 12 month, period certain, single payment immediate annuity rate is 0%; and (10) there is no premium tax. On the Maturity Date, the income base is set equal to the benefit base.

Additional Monthly Death Annual Level Guaranteed Adjustment Proceeds - Annuity Income Income Payment Monthly Account Beginning Year Amount Amount Floor Income (End of Year) of Year ------------------------------------------------------------------ 1 $6,843 $570 $613 $613 $ 507 $105,000 2 6,580 548 613 613 1,277 97,650 3 6,327 527 613 613 2,301 90,300 4 6,083 507 613 613 3,568 82,950 5 5,849 487 613 613 5,068 75,600 ------------------------------------------------------------------

The annual income amount for annuity year 1 is determined by multiplying the Contract Value by a payment rate (in this example, $105,000 x .06517 = $6,843). The level income amount is determined by dividing the annual income amount by 12. In this example, for annuity year 1, the level income amount is $570 ($6,843 / 12). The guaranteed payment floor is determined by multiplying the income base by the guaranteed payment floor percentage and dividing that product by 12 (in this example, ($105,000 x .07) / 12 = $613). Monthly income is the greater of the guaranteed payment floor and the level income amount, which, for annuity year 1, is the greater of $613 and $570. The additional death proceeds equal the income base minus the sum of all monthly income paid. 134 This next example assumes that: (1) the owner purchases the contract for $100,000; (2) a bonus credit of $5,000 (5% of $100,000) is applied to the contract but is not applied to the benefit base at issue; (3) the owner makes no additional premium payments or withdrawals; (4) all Contract Value is allocated to the prescribed Investment Strategy at all times; (5) the contract earns a net return of 8%; (6) the benefit base is reset on the first contract anniversary; (7) the Contract Value at the end of the first contract year is $113,400; (8) the Maturity Date is the first contract anniversary; (9) the guaranteed payment floor percentage is 7%; and (10) there is no premium tax.

Income Base, Less Commutation Charge, Annual Monthly Commutation Adjustment Less Monthly Commutation Annuity Income Income Base - Account - Income Paid - Value - Year Amount Paid End of Year End of Year End of Year End of Year ------------------------------------------------------------------------ 1 $7,146 $7,938 $114,754 $ 792 $97,462 $97,462 2 7,421 7,938 115,919 1,308 90,524 90,524 3 7,707 7,938 116,869 1,539 83,586 83,586 4 8,003 7,938 117,575 1,474 76,648 76,648 5 8,311 7,938 118,006 1,101 69,710 69,710 6 8,631 7,938 118,125 409 62,772 62,772 7 8,963 8,554 117,895 0 55,218 55,218 ------------------------------------------------------------------------

The commutation base at the end of annuity year 1 (contract year 2) is determined by multiplying the Contract Value at the end of the first contract year less the annual income amount for annuity year 1 by 1.08 (($113,400 - $7,146) x 1.08 = $114,754). The commutation value at the end of annuity year 1 is equal to the lesser of (i) the income base, less the commutation charge, less monthly income paid ($113,400 - 8% x $100,000 - $7,938 = $97,462) and (ii) the commutation base, less the commutation charge, less the value of the adjustment account ($114,754 - 8% x $100,000 - $0 = $106,754). The commutation base at the end of annuity year 2 (contract year 3) is determined by multiplying the commutation base at the end of annuity year 1 less the annual income amount for annuity year 2 by 1.08 (($114,754 - $7,421) x 1.08 = $115,919). 135 TAX MATTERS Introduction This part of the prospectus discusses the federal income tax treatment of the contract. The federal income tax treatment of the contract is complex and sometimes uncertain. The federal income tax rules may vary with your particular circumstances. This discussion is general in nature and is not intended as tax advice. It does not address all of the federal income tax rules that may affect you and your contract. This discussion also does not address other federal tax consequences, or state or local tax consequences, associated with a contract. As a result, you should always consult a tax adviser about the application of tax rules to your individual situation. Taxation of Non-Qualified Contracts This part of the discussion describes some of the federal income tax rules applicable to Non-Qualified Contracts. A Non-Qualified Contract is a contract not issued in connection with a qualified retirement plan receiving special tax treatment under the Code, such as an individual retirement annuity or a Section 401(k) plan. Tax deferral on earnings. The federal income tax law generally does not tax any increase in an owner's Contract Value until there is a distribution from the contract. However, certain requirements must be satisfied in order for this general rule to apply, including: . an individual must own the contract (or the tax law must treat the contract as owned by an individual); . the investments of the Separate Account must be "adequately diversified" in accordance with Internal Revenue Service ("IRS") regulations; . the owner's right to choose particular investments for a contract must be limited; and . the contract's Maturity Date must not occur near the end of the Annuitant's life expectancy. Contracts not owned by an individual -- no tax deferral and loss of interest deduction. As a general rule, the Code does not treat a contract that is owned by an entity (rather than an individual) as an annuity contract for federal income tax purposes. The entity owning the contract generally pays tax each year on the annual increase in Contract Value. Contracts issued to a corporation or a trust are examples of contracts where the owner is taxed on the contract's earnings. There are several exceptions to this rule. For example, the Code treats a contract as owned by an individual if the nominal owner is a trust or other entity that holds the contract as an agent for an individual. However, this non-qualified exception does not apply in the case of any employer that owns a contract to provide deferred compensation for its employees. In the case of a contract issued after June 8, 1997 to a taxpayer that is not an individual, or a contract held for the benefit of an entity, the entity will lose its deduction for a portion of its otherwise deductible interest expenses. This disallowance does not apply if the nonnatural owner pays tax on the annual increase in the Contract Value. Entities that are considering purchasing the contract, or entities that will benefit from someone else's ownership of a contract, should consult a tax adviser. Investments in the Separate Account must be diversified. For a contract to be treated as an annuity contract for federal income tax purposes, the investments of the Separate Account must be "adequately diversified." The IRS has issued regulations that prescribe standards for determining whether the investments of the Separate Account, including the assets of each Portfolio in which the Separate Account invests, are adequately diversified. If the Separate Account fails to comply with these diversification standards, the owner could be required to pay tax for the year of such failure and each subsequent year on the untaxed income accumulated in the contract. Although we do not control the investments of all of the Funds, we expect that the Funds will comply with the IRS regulations so that the Separate Account will be considered "adequately diversified." Restrictions on the extent to which an owner can direct the investment of assets. In some circumstances, owners of variable contracts who possess excessive control over the investment of the underlying separate account assets may be treated as the owners of those assets and may be subject to tax currently on income and gains produced by those assets. Although published guidance in this area does not address certain aspects of the contract, we believe that the owner of a contract should not be treated as the owner of the Separate Account assets. We reserve the right to modify the contract to bring it into conformity with applicable standards should such modification be necessary to prevent an owner of the contract from being treated as the owner of the underlying Separate Account assets. However, there is no assurance such efforts would be successful. Age at which income payments must begin. Federal income tax rules do not expressly identify a particular age by which income payments must begin. However, those rules do require that an annuity contract provide for amortization, through income payments of the contract's premiums paid and earnings. 136 We believe that these rules are satisfied by providing guaranteed annuity purchase rates in the contract that the owner may exercise at any time after the first policy year. If income payments begin or are scheduled to begin at a date that the IRS determines does not satisfy these rules, interest and gains under the contract could be taxable each year as they accrue. No guarantees regarding tax treatment. We make no guarantees regarding the tax treatment of any contract or of any transaction involving a contract. However, the remainder of this discussion assumes that your contract will be treated as an annuity contract for federal income tax purposes and that the tax law will not impose tax on any increase in your Contract Value until there is a distribution from your contract. Partial and total surrenders. A partial surrender occurs when you receive less than the total amount of the contract's Surrender Value. In the case of a partial surrender, you will pay tax on the amount you receive to the extent your Contract Value before the partial surrender exceeds your "investment in the contract." (This term is explained below.) This income (and all other income from your contract) is ordinary income. The Code imposes a higher rate of tax on ordinary income than it does on capital gains. A surrender occurs when you receive the total amount of the contract's Surrender Value. In the case of a surrender, you will generally pay tax on the amount you receive to the extent it exceeds your "investment in the contract." Your "investment in the contract" generally equals the total of your premium payments under the contract, reduced by any amounts you previously received from the contract that you did not include in your income. Your contract imposes charges relating to the death benefit, including any death benefit provided under an optional rider. It is possible that all or a portion of these charges could be treated as partial surrenders from the contract. In the case of Systematic Withdrawals, the amount of each Systematic Withdrawal should be considered a distribution and taxed in the same manner as a partial surrender from the contract. Any withdrawals taken pursuant to one of the Guaranteed Minimum Withdrawal Benefit for Life Riders are subject to tax as partial withdrawals. Distributions received before the Maturity Date pursuant to Guaranteed Income Advantage may be subject to tax as partial withdrawals. See the "Tax Treatment of Guaranteed Income Advantage" provision in the "Guaranteed Income Advantage" section of the prospectus. Assignments and pledges. The Code treats any assignment or pledge of (or agreement to assign or pledge) any portion of your Contract Value as a partial surrender of such amount or portion. Gifting a contract. If you transfer ownership of your contract -- without receiving full and adequate consideration -- to a person other than your spouse (or to your former spouse incident to divorce), you will pay tax on your Contract Value to the extent it exceeds your "investment in the contract." In such a case, the new owner's "investment in the contract" will be increased to reflect the amount included in your income. Taxation of income payments. The Code imposes tax on a portion of each income payment (at ordinary income tax rates) and treats a portion as a nontaxable return of your "investment in the contract." Withdrawals taken pursuant to one of the Guaranteed Minimum Withdrawal Benefit for Life Riders are generally not taxed as income payments for federal income tax purposes. As discussed above, these payments should be considered distributions and taxed in the same manner as a partial withdrawal from the contract. We will notify you annually of the taxable amount of your income payment. Pursuant to the Code, you will pay tax on the full amount of your income payments once you have recovered the total amount of the "investment in the contract." If income payments cease because of the death of the Annuitant(s) and before the total amount of the "investment in the contract" has been recovered, the unrecovered amount generally will be deductible. If proceeds are left with us (Optional Payment Plan 4), they are taxed in the same manner as a surrender. The owner must pay tax currently on the interest credited on these proceeds. This treatment could also apply to Optional Payment Plan 3 depending on the relationship of the amount of the periodic payments to the period over which they are paid. Taxation of the death benefit. We may distribute amounts from your contract because of the death of an owner, a joint owner, or an Annuitant. The tax treatment of these amounts depends on whether the owner, joint owner, or Annuitant dies before or after the Maturity Date. Taxation of Death Benefit if Paid Before the Maturity Date: . the death benefit is taxed to the designated beneficiary in the same manner as an income payment would have been taxed to the owner if received under an Optional Payment Plan; . if not received under an Optional Payment Plan, the death benefit is taxed to the designated beneficiary in the same manner as a surrender or a partial surrender would have been taxed to the owner, depending on the manner in which the death benefit is paid. 137 Taxation of Death Benefit if Paid After the Maturity Date: . The death benefit is includible in income to the extent it exceeds the unrecovered "investment in the contract." Penalty taxes payable on surrenders, partial surrenders or income payments. The Code may impose a penalty tax equal to 10% of the amount of any payment from your contract that is included in your gross income. The Code does not impose the 10% penalty tax if one of several exceptions applies. These exceptions include partial and total surrenders or income payments that: . you receive on or after you reach age 59 1/2; . you receive because you became disabled (as defined in the tax law); . are received on or after the death of an owner; or . you receive as a series of substantially equal periodic payments (not less frequently than annually) made for the life (or life expectancy) of the taxpayer. Systematic Withdrawals may qualify for this last exception if structured in accordance with IRS guidelines. If they do, any modification of the Systematic Withdrawals, including additional partial surrenders apart from the Systematic Withdrawals, could result in certain adverse tax consequences. In addition, premium payments or a transfer between the Subaccounts may result in payments not qualifying for this exception. Other exceptions may be applicable under certain circumstances and special rules may be applicable in connection with the exceptions enumerated above. You should consult a tax adviser with regard to exceptions from the penalty tax. Medicare Tax. Distributions from Non-Qualified Contracts will be considered "investment income" for purposes of the Medicare tax on investment income. Thus, in certain circumstances, a 3.8% tax may be applied to some or all of the taxable portion of distributions (e.g. earnings) to individuals whose income exceeds certain threshold amounts. Please consult a tax adviser for more information. Special rules if you own more than one contract. In certain circumstances, you may have to combine some or all of the Non-Qualified Contracts you own in order to determine the amount of an income payment, a total surrender, or a partial surrender that you must include in income. For example: . if you purchase a contract described by this prospectus and also purchase at approximately the same time an immediate annuity, the IRS may treat the two contracts as one contract; . if you purchase two or more deferred annuity contracts from the same life insurance company (or its affiliates) during any calendar year, the Code treats all such contracts as one contract for certain purposes. The effects of such aggregation are not clear. However, it could affect: . the amount of a surrender, a partial surrender or an income payment that you must include in income; and . the amount that might be subject to a penalty tax. Section 1035 Exchanges Under Section 1035 of the Code, the exchange of one annuity contract for another annuity contract generally is not taxed (unless cash is distributed). To qualify as a nontaxable exchange however, certain conditions must be satisfied, e.g., the obligee(s) under the new annuity contract must be the same obligee(s) as under the original contract. We do not permit an owner to partially exchange this contract for another annuity contract. If this contract has been purchased in whole or part by exchanging part of a life insurance or annuity contract, certain subsequent transactions may cause the IRS to retrospectively treat the partial Section 1035 exchange as taxable. We intend to administer the contract without regard to the partially exchanged funding contract and disclaim any responsibility for monitoring events that could cause the IRS to examine the completed partial Section 1035 exchange. Owners contemplating any transaction, involving this contract or a partially exchanged contract funding this contract, within 180 days of a partial Section 1035 exchange are strongly advised to consult a tax adviser. Upon the death of a non-spousal joint owner, the contract provides the surviving joint owner with the option of using the proceeds of this contract to purchase a separate annuity contract with terms and values that are substantially similar to those of this contract. Exercise of this option will not qualify as a tax-free exchange under Section 1035. Beginning in 2010, the owner may exchange the contract under Section 1035 of the Code for a long-term care contract. We believe that the provisions of the Pension Protection Act of 2006 establishing annuity to long-term care Section 1035 exchanges would permit the owner to exchange a portion of the contract to pay the annual or other periodic premium for a long-term care contract issued by us or another insurance company. The IRS has issued limited guidance on such transactions, including on the allocation of basis that would be required to effect them. It is possible that the IRS could take a narrow view of the 2006 legislation and under certain circumstances treat partial Section 1035 exchanges to pay long-term care premiums as taxable withdrawals from the contract. Currently, we do not 138 permit an owner to partially exchange this contract to purchase a long-term care contract or pay long-term care premiums. If all or a portion of the contract is used to purchase long-term care insurance in a Section 1035 exchange, the amount so used representing income on the contract would not be tax-deductible as a medical expense and the amount so used representing investment in the contract may not be tax-deductible as a medical expense. Any owner contemplating the use of the contract to fund long-term care insurance or long-term care expenses should consult a tax adviser. Qualified Retirement Plans We also designed the contracts for use in connection with certain types of retirement plans that receive favorable treatment under the Code. Contracts issued to or in connection with retirement plans that receive special tax treatment are called "Qualified Contracts." We may not offer all of the types of Qualified Contracts described herein in the future. Prospective purchasers should contact our Home Office for information on the availability of Qualified Contracts at any given time. The federal income tax rules applicable to qualified retirement plans are complex and varied. As a result, this prospectus makes no attempt to provide more than general information about use of the contract with the various types of qualified retirement plans. Persons intending to use the contract in connection with a qualified retirement plan should obtain advice from a tax adviser. The contract includes attributes such as tax deferral on accumulated earnings. Qualified retirement plans provide their own tax deferral benefit. The purchase of this contract as an investment of a qualified retirement plan does not provide additional tax deferral benefits beyond those provided in the qualified retirement plan. If you are purchasing this contract as a Qualified Contract, you should consider purchasing this contract for its death benefits, income benefits and other non-tax benefits. Please consult a tax adviser for information specific to your circumstances in order to determine whether this contract is an appropriate investment for you. Types of Qualified Contracts. The types of Qualified Contracts currently being offered include: . Traditional Individual Retirement Annuities (IRAs) permit individuals to make annual contributions of up to the lesser of a specified dollar amount for the year or the amount of compensation includible in the individual's gross income for the year. Certain employers may establish Simplified Employee Pensions (SEPs), which have higher contribution limits, on behalf of their employees. The Internal Revenue Service has not reviewed the contract for qualification as an IRA, and has not addressed in a ruling of general applicability whether death benefits such as those in the contract comport with IRA qualification requirements. . Roth IRAs permit certain eligible individuals to make non-deductible contributions to a Roth IRA. Distributions from a Roth IRA generally are not taxed, except that, once aggregate distributions exceed contributions to the Roth IRA, income tax and a 10% IRS penalty tax may apply to distributions made: (1) before age 59 1/2 (subject to certain exceptions); or (2) during the five taxable years starting with the year in which the first contribution is made to any Roth IRA. A 10% penalty may apply to amounts attributable to a conversion from an IRA if they are distributed during the five taxable years beginning with the year in which the conversion was made. . Traditional individual retirement accounts and Roth individual retirement accounts have the same contribution limits and tax treatment of distributions as the corresponding type of individual retirement annuity, discussed above. The contract may be owned by the custodian or trustee of an individual retirement account established for the benefit of the Annuitant. Only the owner, acting through its authorized representative(s), may exercise contract rights. When held by an individual retirement account, the contract is not issued as an individual retirement annuity or administered as such by us. Annuitants must look to the custodian or trustee, as contract owner, for satisfaction of their rights to benefits under the terms of the individual retirement account. . Corporate pension and profit-sharing plans under Section 401(a) of the Code allow corporate employers to establish various types of retirement plans for employees, and self-employed individuals to establish qualified plans ("H.R. 10 or Keough plans") for themselves and their employees. . 403(b) Plans allow employees of certain tax-exempt organizations and public schools to exclude from their gross income the premium payments made, within certain limits, to a contract that will provide an annuity for the employee's retirement. Distributions of: (1) salary reduction contributions made in years beginning after December 31, 1988; (2) earnings on those contributions; and (3) earnings on amounts held as of the last year beginning before January 1, 1989, are not allowed prior to age 59 1/2, severance from employment, death or disability. Salary reduction contributions (but not earnings) may also be distributed upon hardship, but would generally be subject to a 10% 139 IRS penalty tax. For contracts issued after 2008, amounts attributable to nonelective contributions may be subject to distribution restrictions specified in the employer's 403(b) Plan. Under recent IRS regulations we are obligated to share information concerning certain contract transactions with the employer sponsoring the 403(b) plan in which the owner is participating and possibly other product providers. We generally are required to confirm, with your 403(b) plan sponsor or otherwise, that these transactions comply with applicable tax requirements and to decline requests that are not in compliance. Terms of qualified retirement plans and Qualified Contracts. The terms of a qualified retirement plan may affect your rights under a Qualified Contract. When issued in connection with a qualified retirement plan, we will amend a contract as generally necessary to conform to the requirements of the type of plan. However, the rights of any person to any benefits under qualified retirement plans may be subject to the terms and conditions of the plans themselves, regardless of the terms and conditions of the contract. In addition, we are not bound by the terms and conditions of qualified retirement plans to the extent such terms and conditions contradict the contract, unless we consent. Employer qualified plans. Qualified plans sponsored by an employer or employee organization are governed by the provisions of the Code and the Employee Retirement Income Security Act, as amended ("ERISA"). ERISA is administered primarily by the U.S. Department of Labor. The Code and ERISA include requirements that various features be contained in an employer qualified plan with respect to: participation; vesting; funding; nondiscrimination; limits on contributions and benefits; distributions; penalties; duties of fiduciaries; prohibited transactions; withholding; reporting and disclosure. In the case of certain qualified plans, if a participant is married at the time benefits become payable, unless the participant elects otherwise with written consent of the spouse, the benefits must be paid in the form of a qualified joint and survivor annuity. A qualified joint and survivor annuity is an annuity payable for the life of the participant with a survivor annuity for the life of the spouse in an amount that is not less than one-half of the amount payable to the participant during his or her lifetime. In addition, a married participant's beneficiary must be the spouse, unless the spouse consents in writing to the designation of a different beneficiary. There is much uncertainty regarding the application of these rules in the context of guaranteed withdrawal benefits such as those offered in optional riders to the contract. Consult a tax or legal adviser regarding these issues if an optional guaranteed withdrawal rider is being considered under a 401(a) or 403(b) plan. If this contract is purchased as an investment of a qualified plan, the owner will be either an employee benefit trust or the plan sponsor. Plan participants and beneficiaries will have no ownership rights in the contract. Only the owner, acting through its authorized representative(s) may exercise contract rights. Participants and beneficiaries must look to the plan fiduciaries for satisfaction of their rights to benefits under the terms of the qualified plan. Where a contract is purchased by an employer-qualified plan, we assume no responsibility regarding whether the contract's terms and benefits are consistent with the requirements of the Code and ERISA. It is the responsibility of the employer, plan trustee, plan administrator and/or other plan fiduciaries to satisfy the requirements of the Code and ERISA applicable to the qualified plan. This prospectus does not provide detailed tax or ERISA information. Various tax disadvantages, including penalties, may result from actions that conflict with requirements of the Code or ERISA, and the regulations pertaining to those laws. Federal tax laws and ERISA are continually under review by Congress. Any changes in the laws or in the regulations pertaining to the laws may affect the tax treatment of amounts contributed to employer qualified plans and the fiduciary actions required by ERISA. IRAs and Roth IRAs. The Code permits individuals to make annual contributions to IRAs of up to the lesser of a specified dollar amount for the year or the amount of compensation includible in the individual's gross income for the year. The contributions may be deductible in whole or in part, depending on the individual's income. The Code also permits certain eligible individuals to make non-deductible contributions to a Roth IRA in cash or as a rollover or transfer from another Roth IRA or other IRA. A rollover from or conversion of an IRA to a Roth IRA is generally subject to tax. You should consult a tax adviser before combining any converted amounts with any other Roth IRA contributions, including any other conversion amounts from other tax years. The Internal Revenue Service has not reviewed the contract for qualification as an IRA, and has not addressed in a ruling of general applicability whether a death benefit provision such as the provision in this contract comports with IRA qualification requirements. We may, however, endorse the contract to satisfy the IRA or Roth IRA qualification rules and submit the endorsement to the IRS for approval as to form. If you purchased the contract with such an endorsement, the accompanying disclosure statement will indicate the status of the endorsement's approval under the IRS IRA Prototype Program. You will be the owner of a contract issued as an IRA or Roth IRA, and will be responsible for exercising your rights as owner 140 in accordance with applicable tax rules, including limitations for contributions and distributions. The contract may also be held in an IRA custodial account or trust as an investment. In that event the custodian or trustee, with your cooperation, is responsible for satisfaction of the IRA qualification requirements. We have no responsibility beyond that pertaining to nonqualified contracts for contracts held in an IRA account or trust. The death benefit and Qualified Contracts. Pursuant to IRS regulations, IRAs and 403(b) Plans may not invest in life insurance contracts. We do not believe that these regulations prohibit the death benefit, including that provided by any death benefit rider option, from being provided under the contracts when we issue the contracts as Traditional IRAs, Roth IRAs, SEPs or 403(b) Plans. However, the law is unclear and it is possible that the presence of the death benefit under a contract issued as a Traditional IRA, a Roth IRA, a SEP or 403(b) Plan could disqualify a contract and result in increased taxes to the owner. It is also possible that the death benefit could be characterized as an incidental death benefit. If the death benefit were so characterized, this could result in currently taxable income to purchasers. In addition, there are limitations on the amount of incidental death benefits that may be provided under qualified retirement plans, such as in connection with a Section 403(b) plan. Treatment of Qualified Contracts compared with Non-Qualified Contracts. Although some of the federal income tax rules are the same for both Qualified and Non-Qualified Contracts, many of the rules are different. For example: . the Code generally does not impose tax on the earnings under either Qualified or Non-Qualified Contracts until the earnings are distributed; . the Code does not limit the amount of premium payments and the time at which premium payments can be made under Non-Qualified Contracts. However, the Code does limit both the amount and frequency of premium payments made to Qualified Contracts; . the Code does not allow a deduction for premium payments made for Non-Qualified Contracts, but sometimes allows a deduction or exclusion from income for premium payments made to a Qualified Contract; . Under most qualified retirement plans, the owner must begin receiving payments from the contract in certain minimum amounts by a certain date, generally April 1 of the calendar year following the calendar year in which the owner attains age 72 for Traditional IRAs and SEPs and April 1 of the calendar year following the later of the calendar year in which the employee (except for a 5 percent owner) retires or attains age 72 for other Qualified Contracts. The actuarial value of certain benefit guarantees, such as guaranteed withdrawal benefits, and certain death benefits may be included with the contract's cash value in determining the required minimum distribution amount. The presence of such living benefits and death benefits may require the owner to withdraw a larger amount each year than would be required based only on the contract value. We are required to annually determine and report to the owner the fair market value for traditional individual retirement annuities while the owner is alive. This computation is based in part on future economic performance and conditions and is made under the guidance of our actuarial department in accordance with income tax regulations and guidelines published by the Society of Actuaries. It is possible that, using different assumptions or methodologies, the amount required to be withdrawn would be more or less than the amount we report to you as the required minimum distribution. Roth IRAs do not require any distributions during the owner's lifetime. The death benefit under your contract and certain other benefits provided by the living benefit riders may increase the amount of the minimum required distribution that must be taken from your contract. The federal income tax rules applicable to qualified retirement plans and Qualified Contracts vary with the type of plan and contract. For example, federal tax rules limit the amount of premium payments that can be made, and the tax deduction or exclusion that may be allowed for the premium payments. These limits vary depending on the type of qualified retirement plan and the circumstances of the plan participant, e.g., the participant's compensation. Amounts received under Qualified Contracts. Federal income tax rules generally include distributions from a Qualified Contract in your income as ordinary income. Premium payments that are deductible or excludible from income do not create "investment in the contract." Thus, under many Qualified Contracts there will be no "investment in the contract" and you include the total amount you receive in your income. There are exceptions. For example, you do not include amounts received from a Roth IRA if certain conditions are satisfied. In addition, failure to comply with the minimum distribution rules applicable to certain qualified retirement plans, will result in the imposition of an excise tax. This excise tax generally equals 50% of the amount by which a minimum required distribution exceeds the actual distribution from the qualified retirement plan. Please note important changes to the required minimum distribution rules. Under IRAs and defined contribution retirement plans, most non-spouse beneficiaries will no longer be able to satisfy these rules by "stretching" payouts over life. Instead, those beneficiaries will have to take their post-death distributions within ten years. Certain exceptions apply to "eligible designated beneficiaries," which include disabled and chronically ill individuals, individuals who 141 are ten or less years younger than the deceased individual, and children who have not reached the age of majority. This change applies to distributions to designated beneficiaries of individuals who die on and after January 1, 2020. Consult a tax adviser if you are affected by these new rules. Federal penalty taxes payable on distributions. The Code may impose a penalty tax equal to 10% of the amount of any payment from your Qualified Contract that is includible in your income. The Code does not impose the penalty tax if one of several exceptions apply. The exceptions vary depending on the type of Qualified Contract you purchase. For example, in the case of an IRA, exceptions provide that the penalty tax does not apply to a partial surrender, surrender, or annuity payment: . received on or after the owner reaches age 59 1/2; . received on or after the owner's death or because of the owner's disability (as defined in the tax law); . received as a series of substantially equal periodic payments (not less frequently than annually) made for the life (or life expectancy) of the taxpayer; or . received as reimbursement for certain amounts paid for medical care. These exceptions, as well as certain others not described here, generally apply to taxable distributions from other qualified retirement plans. However, the specific requirements of the exception may vary. On March 27, 2020, Congress passed the Coronavirus Aid, Relief and Economic Security Act (the "CARES Act"). Among other provisions, the CARES Act includes temporary relief from certain tax rules applicable to Qualified Contracts, including rules related to required minimum distributions and retirement plan distributions. If you have been taking or plan to take distributions, including required minimum distributions, from an IRA or other qualified plan, you should consult with a tax adviser to determine how the CARES Act may impact your situation. Moving money from one Qualified Contract or qualified retirement plan to another. Rollovers and transfers: In many circumstances you may move money between Qualified Contracts and qualified retirement plans by means of a rollover or a transfer. Special rules apply to such rollovers and transfers. The IRS has re-examined a longstanding interpretation of the IRA rollover rules. Beginning in 2015, an IRA owner may make only one rollover in a 12 month period to avoid being taxed on distributions received during that period from all of his or her IRAs (including Roth IRAs). The rule does not apply to direct transfers between IRA issuers or custodians. If you have received an IRA distribution and are contemplating making a rollover contribution, you should consult a tax adviser. If you do not follow the applicable rules, you may suffer adverse federal income tax consequences, including paying taxes which you might not otherwise have had to pay. You should always consult a qualified tax adviser before you move or attempt to move assets between any Qualified Contract or plan and another Qualified Contract or plan. If your contract was issued pursuant to a 403(b) plan, we generally are required to confirm, with your 403(b) plan sponsor or otherwise, that surrenders or transfers you request comply with applicable tax requirements and to decline requests that are not in compliance. Direct rollovers: The direct rollover rules apply to certain payments (called "eligible rollover distributions") from Section 401(a) plans, Section 403(b) plans, H.R. 10 plans, and Qualified Contracts used in connection with these types of plans. The direct rollover rules do not apply to distributions from IRAs. The direct rollover rules require federal income tax equal to 20% of the taxable portion of an eligible rollover distribution to be withheld from the amount of the distribution, unless the owner elects to have the amount directly transferred to certain Qualified Contracts or plans. Certain restrictions apply to the ability to rollover any after-tax amounts. Prior to receiving an eligible rollover distribution from us, we will provide you with a notice explaining these requirements and the procedure for avoiding 20% withholding by electing a direct rollover. IRA conversions: If this contract is issued as an IRA, you may convert the contract to a Roth IRA. If you do so, the fair market value of your contract will be treated as a distribution from your IRA. This fair market value will include the contract's cash value together with the actuarial value of certain benefit guarantees, such as guaranteed withdrawal benefits, and certain death benefits. This computation is based in part on future economic performance and conditions and is made under the guidance of our actuarial department in accordance with income tax regulations. The methodology followed is similar to that used to determine the actuarial value of such benefit guarantees for required minimum distribution purposes, as described above in the "Treatment of Qualified Contracts compared with Non-Qualified Contracts" section. We will determine and report the fair market value of your contract to you and the Internal Revenue Service to satisfy our reporting obligations using assumptions and calculation methodologies based on our interpretation of the Code. It is possible that, using different assumptions or methodologies, your actual tax liability would be more or less than the income reported by us. You should always consult a tax adviser before you convert an IRA to a Roth IRA. Disclosure Pursuant to Code and ERISA Requirements. The ongoing fees and expenses of the contracts and the charges you may pay when you surrender or take withdrawals from your contract, as well as the range of fees 142 and expenses of the Portfolios that you will pay indirectly when your assets are allocated to the Portfolios, are discussed in the "Fee Tables" provision of the prospectus. More detail concerning each Portfolio's fees and expenses is included in the prospectus for each Portfolio. AssetMark is the investment adviser under the Asset Allocation Program and a former affiliate of the Company. There is no direct fee for participation in the Asset Allocation Program. The Company may compensate AssetMark for services it provides related to the Asset Allocation Program. However, the Company may receive fees from the investment adviser or distributor of a Portfolio for certain administrative and other services we provide to you or to the Portfolio relating to the allocation of your assets to the Portfolio, and the amount of these fees may vary from Portfolio to Portfolio. Furthermore, the Company or our affiliate Capital Brokerage Corporation may receive Rule 12b-1 fees in varying amounts from the Portfolios or their distributors for distribution and related services. Additional information on the fees payable to the Company and Capital Brokerage Corporation by the Portfolios and their advisers and distributors, including the range of such fees, is included in the "Subaccounts" provision of the prospectus. Additional information regarding the Asset Allocation Program and the potential conflicts of interest to which AssetMark is subject is included in the "Asset Allocation Program" provision of the prospectus. When you purchase a contract through a broker-dealer, the broker-dealer is paid a commission and may be paid a separate marketing allowance. The maximum aggregate amount of such compensation is 6.5% of a contract owner's aggregate purchase payments. The broker-dealer firm generally pays a portion of such commission to its representative who assisted you with the purchase, and that amount will vary depending on the broker-dealer and the individual representative. The Company has no agreement with any broker-dealer and any representative of a broker-dealer that limits the insurance and investment products or other securities they offer to those issued by the Company. By signing the application for the contract, you acknowledge receipt of these disclosures and approve the purchase of the contract, the Asset Allocation Program, and the investments made pursuant to the Asset Allocation Program. Federal Income Tax Withholding We will withhold and remit to the IRS a part of the taxable portion of each distribution made under a contract unless the distributee notifies us at or before the time of the distribution that he or she elects not to have any amounts withheld. In certain circumstances, federal income tax rules may require us to withhold tax. At the time you request a partial or total surrender, or income payment, we will send you forms that explain the withholding requirements. See the "Annuity Purchases by Nonresident Aliens and Foreign Corporations" section below for special withholding rules applicable to payees other than U.S. citizens or residents and to payments made overseas. State Income Tax Withholding If required by the law of your state, we will also withhold state income tax from the taxable portion of each distribution made under the contract, unless you make an available election to avoid withholding. If permitted under state law, we will honor your request for voluntary state withholding. Tax Status of the Company Under existing federal income tax laws, we do not pay tax on investment income and realized capital gains of the Separate Account. We do not anticipate that we will incur any federal income tax liability on the income and gains earned by the Separate Account. We, therefore, do not impose a charge for federal income taxes. If federal income tax law changes and we must pay tax on some or all of the income and gains earned by the Separate Account, we may impose a charge against the Separate Account to pay the taxes. Federal Estate, Gift and Generation-Skipping Transfer Taxes While no attempt is being made to discuss in detail the Federal estate tax implications of the contract, a purchaser should keep in mind that the value of an annuity contract owned by a decedent and payable to a beneficiary who survives the decedent is included in the decedent's gross estate. Depending on the terms of the annuity contract, the value of the annuity included in the gross estate may be the value of the lump sum payment payable to the designated beneficiary or the actuarial value of the payments to be received by the beneficiary. Consult an estate planning advisor for more information. Under certain circumstances, the Code may impose a generation-skipping ("GST") tax when all or part of an annuity contract is transferred to, or a death benefit is paid to, an individual two or more generations younger than the Owner. Regulations issued under the Code may require us to deduct the tax from your Contract, or from any applicable payment, and pay it directly to the IRS. The potential application of these taxes underscores the importance of seeking guidance from a qualified adviser to help ensure that your estate plan adequately addresses your needs and those of your beneficiaries under all possible scenarios. 143 Definition of Spouse Under Federal Law The contract provides that upon your death, a surviving spouse may have certain continuation rights that he or she may elect to exercise for the contract's death benefit. All contract provisions relating to spousal continuation are available only to a person who meets the definition of "spouse" under federal law. The U.S. Supreme Court has held that same-sex marriages must be permitted under state law and that marriages recognized under state law will be recognized for federal law purposes. Domestic partnerships and civil unions that are not recognized as legal marriages under state law, however, will not be treated as marriages under federal law. Consult a tax adviser for more information on this subject. Annuity Purchases by Residents of Puerto Rico The IRS has announced that income received by residents of Puerto Rico under life insurance or annuity contracts issued by a Puerto Rico branch of a United States life insurance company is U.S. -- source income that is generally subject to United States federal income tax. Annuity Purchases by Nonresident Aliens and Foreign Corporations The discussion above provides general information regarding U.S. federal income tax consequences to annuity purchasers that are U.S. citizens or residents. Purchasers (and beneficiaries) that are not U.S. citizens or residents will generally be subject to U.S. federal withholding tax on taxable distributions from annuity contracts at a 30% rate, unless a lower treaty rate applies. In addition, such purchasers may be subject to state and/or municipal taxes and taxes that may be imposed by the purchaser's country of citizenship or residence. Special withholding rules apply to entity purchasers (including foreign corporations, partnerships, and trusts) that are not U.S. residents. We reserve the right to make all payments due to owners or beneficiaries directly to such persons and shall not be obligated to pay any foreign financial institution on behalf of any individual. Prospective purchasers are advised to consult with a qualified tax adviser regarding U.S., state, and foreign taxation with respect to an annuity contract purchase. Foreign Tax Credits We may benefit from any foreign tax credits attributable to taxes paid by certain funds to foreign jurisdictions to the extent permitted under federal tax law. Changes in the Law This discussion is based on the Code, IRS regulations, and interpretations existing on the date of this prospectus. Congress, the IRS, and the courts may modify these authorities, however, sometimes retroactively. REQUESTING PAYMENTS To request a payment, you must provide us with notice in a form satisfactory to us. We will ordinarily pay any partial surrender or total surrender proceeds from the Separate Account within seven days after receipt at our Home Office of a request in good order. We will also ordinarily make payment of lump sum death benefit proceeds from the Separate Account within seven days from the receipt of due proof of death and all required forms. We will determine the amount of the payment as of the end of the Valuation Period during which our Home Office receives the payment request or due proof of death and all required forms. In most cases, when we pay the death benefit in a lump sum, we will pay these proceeds to your designated beneficiary directly in the form of a check. We may also provide your designated beneficiary the option to establish an interest bearing draft account, called the "Secure Access Account," in the amount of the death benefit. When establishing the Secure Access Account we will send the designated beneficiary a draft account book within seven days after we receive all the required documents, and the designated beneficiary will have immediate access to the account simply by writing a draft for all or any part of the amount of the death benefit payment. Any interest credited to amounts in the Secure Access Account is currently taxable to the designated beneficiary. The Secure Access Account is part of our General Account. It is not a bank account and it is not insured by the FDIC or any other government agency. As part of our General Account, it is subject to the claims of our creditors. We receive a benefit from all amounts left in the Secure Access Account. We require a positive election from the designated beneficiary to establish the Secure Access Account for the designated beneficiary. The Secure Access Account is not available in all states. We may discontinue offering the Secure Access Account at any time, for any reason and without notice. We will delay making a payment from the Subaccount or applying Subaccount value to a payment plan if: (1) the disposal or valuation of the Subaccount is not reasonably practicable because: . the SEC declares that an emergency exists (due to the emergency the disposal or valuation of the Separate Account's assets is not reasonably practicable); 144 . the New York Stock Exchange is closed for other than a regular holiday or weekend; . trading is restricted by the SEC; or (2) the SEC, by order, permits postponement of payment to protect our owners. In addition, if, pursuant to SEC rules, a money market fund that a subaccount invests in suspends payment of redemption proceeds in connection with a liquidation of that fund, we will delay payment of any transfer, partial withdrawal, surrender, loan, or death benefit from the subaccount until the fund is liquidated. State law requires that we reserve the right to defer payments from the Guarantee Account for a partial or total surrender for up to six months from the date we receive your request at our Home Office. We also may defer making any payments attributable to a check or draft that has not cleared until we are satisfied that the check or draft has been paid by the bank on which it is drawn. If mandated under applicable law, we may be required to reject a premium payment and/or block an owner's account and thereby refuse to pay any requests for transfers, partial surrenders, or death benefits until instructions are received from the appropriate regulators. We may also be required to provide additional information about you or your account to government regulators. SALES OF THE CONTRACTS This contract is no longer offered or sold. However, the following section provides detail concerning the manner in which contracts were sold and the compensation arrangements applicable to those sales. Although certain compensation practices no longer apply (e.g., no commissions are paid in connection with new contract sales because such sales have been suspended), certain of the compensation practices remain relevant to in-force contracts. Most notably, selling firms continue to be compensated with respect to subsequent purchase payments made under the in-force contracts. We have entered into an underwriting agreement with Capital Brokerage Corporation for the distribution and sale of the contracts. Pursuant to this agreement, Capital Brokerage Corporation serves as principal underwriter for the contracts, offering them on a continuous basis. Capital Brokerage Corporation is located at 6620 West Broad Street, Building 2, Richmond, Virginia 23230. Capital Brokerage Corporation will use its best efforts to sell the contracts, but is not required to sell any specific number or dollar amount of contracts. Capital Brokerage Corporation was organized as a corporation under the laws of the state of Washington in 1981 and is an affiliate of ours. Capital Brokerage Corporation is registered as a broker-dealer with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as well as with the securities commissions in the states in which it operates, and is a member of the Financial Industry Regulatory Authority ("FINRA") (formerly, NASD, Inc.). Capital Brokerage Corporation offers the contracts through its registered representatives who are registered with FINRA and with the states in which they do business. More information about Capital Brokerage Corporation and the registered representatives is available at http://www.finra.org or by calling (800) 289-9999. You also can obtain an investor brochure from FINRA describing its Public Disclosure Program. Registered representatives with Capital Brokerage Corporation are also licensed as insurance agents in the states in which they do business and are appointed with the Company. Capital Brokerage Corporation also enters into selling agreements with an affiliated broker-dealer and unaffiliated broker-dealers to sell the contracts. The registered representatives of these selling firms are registered with FINRA and with the states in which they do business, are licensed as insurance agents in the states in which they do business and are appointed with us. We pay compensation to Capital Brokerage Corporation for promotion and sales of the contracts by its registered representatives as well as by affiliated and unaffiliated selling firms. This compensation consists of sales commissions and other cash and non-cash compensation. The maximum commission we may pay for the sale of a contract is 7.0% of a contract owner's aggregate premium payments. The maximum commission consists of three parts -- commissions paid to internal and external wholesalers of Capital Brokerage Corporation ("wholesalers" are individuals employed by the Company and registered with Capital Brokerage Corporation that promote the offer and sale of the contracts), commissions paid to the affiliated and unaffiliated brokerage firms ("selling firms") that employ the registered representative who sold your contract, and an amount paid to the selling firm for marketing and other payments related to the sale of the contract. Wholesalers with Capital Brokerage Corporation each may receive a maximum commission of 0.5% of your aggregate premium payments. After commission is paid to the wholesalers of Capital Brokerage Corporation, a commission is then paid to the selling firm. A maximum commission of 5.5% of your aggregate premium payments. The exact amount of commission paid to the registered representative who sold you your contract is determined by the brokerage firm that employs the representative is employed. 145 All selling firms receive commissions as described above based on the sale of, and receipt of premium payments, on the contract. Unaffiliated selling firms receive additional compensation, including marketing allowances and other payments. The maximum marketing allowance paid to a selling firm on the sale of a contract is 1.0% of premium payments received. At times, Capital Brokerage Corporation may make other cash and non-cash payments to selling firms, (as well as receive payments from selling firms) for expenses relating to the recruitment and training of personnel, periodic sales meetings, the production of promotional sales literature and similar expenses. These expenses may also relate to the synchronization of technology between the Company, Capital Brokerage Corporation and the selling firm in order to coordinate data for the sale and maintenance of the contract. In addition, registered representatives may be eligible for non-cash compensation programs offered by Capital Brokerage Corporation or an affiliated company, such as conferences, trips, prizes and awards. The amount of other cash and non-cash compensation paid by Capital Brokerage Corporation or its affiliated companies ranges significantly among the selling firms. Likewise, the amount received by Capital Brokerage Corporation from the selling firms ranges significantly. The commissions listed above are maximum commissions paid, and reflect situations where we pay a higher commission for a short period of time for a special promotion. No specific charge is assessed directly to contract owners or the Separate Account to cover commissions and other incentives or payments described above. We do, however, intend to recoup commissions and other sales expenses and incentives we pay through fees and charges deducted under the contract and any other corporate revenue. All commissions, special marketing allowances and other payments made or received by Capital Brokerage Corporation to or from selling firms come from or are allocated to the general assets of Capital Brokerage Corporation or one of its affiliated companies. Therefore, regardless of the amount paid or received by Capital Brokerage Corporation or one of its affiliated companies, the amount of expenses you pay under the contract does not vary because of such payments to or from such selling firms. Even though your contract costs are not determined based on amounts paid to or received from Capital Brokerage Corporation or the selling firm, the prospect of receiving, or the receipt of, additional cash or non-cash compensation as described above may create an incentive for selling firms and/or their registered representative to sell you this product versus a product with respect to which a selling firm does not receive additional compensation, or a lower level of additional compensation. You may wish to take such compensation arrangements, which may be referred to as "revenue sharing arrangements," into account when considering and evaluating any recommendation relating to the contracts. During 2019, 2018 and 2017, $33.9 million, $37.7 million and $37.6 million, respectively, was paid to Capital Brokerage Corporation for new purchase payments received. In 2019, 2018 and 2017, no underwriting commissions were paid to Capital Brokerage Corporation. This contract (RetireReady/SM/ Extra) is no longer offered or sold. ADDITIONAL INFORMATION Owner Questions The obligations to owners under the contracts are ours. Please direct your questions and concerns to us at our Home Office. Return Privilege Within the free-look period after you receive the contract, you may cancel it for any reason by delivering or mailing it postage prepaid to: Genworth Life and Annuity Insurance Company Annuity New Business 6610 West Broad Street Richmond, Virginia 23230 If you cancel your contract, it will be void, and we will send you a refund computed as of that date. Your refund will be computed as follows: (1) if your Contract Value has increased or has stayed the same, your refund will equal your Contract Value, minus any Bonus Credits applied, but plus any mortality and expense risk charges and administrative expense charges we deducted on or before the date we received the returned contract; (2) if your Contract Value has decreased, your refund will equal your Contract Value, minus any Bonus Credits applied, but plus any mortality and expense risk charges and administrative expense charges we deducted on or before the date we received the returned contract and plus any investment loss, including any charges made by the Portfolios, attributable to Bonus Credits as of the date we received the returned contract; or (3) if required by the law of your state, your premium payments minus any partial surrenders you previously have taken. This means you receive any gains and we bear any losses attributable to the Bonus Credits during the free look period. 146 We do not assess a surrender charge when your contract is canceled during the free-look period. State Regulation As a life insurance company organized and operated under the laws of the Commonwealth of Virginia, we are subject to provisions governing life insurers and to regulation by the Virginia Commissioner of Insurance. Our books and accounts are subject to review and examination by the State Corporation Commission of the Commonwealth of Virginia at all times. That Commission conducts a full examination of our operations at least every five years. Evidence of Death, Age, Gender, Marital Status or Survival We may require proof of the age, gender, marital status or survival of any person or persons before actions on any applicable contract provision. Records and Reports As presently required by the 1940 Act and applicable regulations, we are responsible for maintaining all records and accounts relating to the Separate Account. At least once each year, we will send you a report showing information about your contract for the period covered by the report. The report will show the total Contract Value and a break-down of the assets of each Subaccount and the Guarantee Account. The report also will show premium payments and charges made during the statement period. As discussed on the prospectus cover page, beginning January 1, 2021 we will no longer send you paper copies of shareholder reports for the Portfolios of the Funds offered under the contract ("Reports") unless you specifically request paper copies from us, and instead we will make the Reports available on a website. In addition, you will receive a written confirmation when you make premium payments, transfers, or take partial surrenders. Other Information We have filed a Registration Statement with the SEC, under the Securities Act of 1933 as amended, for the contracts being offered by this prospectus. This prospectus does not contain all the information in the Registration Statement, its amendments and exhibits. Please refer to the Registration Statement for further information about the Separate Account, the Company, and the contracts offered. Statements in this prospectus about the content of contracts and other legal instruments are summaries. For the complete text of those contracts and instruments, please refer to those documents as filed with the SEC and available on the SEC's website at http://www.sec.gov. Exemption to File Periodic Reports The Company does not intend to file periodic reports required under the Securities Exchange Act of 1934 in reliance on the exemption provided by Rule 12h-7 thereunder. Unclaimed Property Every state has unclaimed property laws which generally declare annuity contracts to be abandoned after a period of inactivity of three to five years from the contract's maturity date or date the death benefit is due and payable. For example, if the payment of a death benefit has been triggered, but, if after a thorough search, we are still unable to locate the beneficiary of the death benefit, or the beneficiary does not come forward to claim the death benefit in a timely manner, the death benefit will be paid to the abandoned property division or unclaimed property office of the state in which the beneficiary or the contract owner last resided, as shown on our books and records, or to our state of domicile. This "escheatment" is revocable, however, and the state is obligated to pay the death benefit if your beneficiary steps forward to claim it with the proper documentation. To prevent such escheatment, it is important that you update your beneficiary designations, including full names and complete addresses, if and as they change. Cybersecurity Because our variable product business is highly dependent upon the effective operation of our computer systems and those of our business partners, our business is vulnerable to disruptions from utility outages, and susceptible to operational and information security risks resulting from information systems failure (e.g., hardware and software malfunctions), and cyberattacks. These risks include, among other things, the theft, misuse, corruption and destruction of data maintained online or digitally, interference with or denial of service, attacks on websites and other operational disruption and unauthorized release of confidential customer information. Such systems failures and cyberattacks affecting us, any third party administrator, the underlying funds, intermediaries and other affiliated or third-party service providers may adversely affect us and your Contract Value. For instance, systems failures and cyberattacks may interfere with our processing of contract transactions, including the processing of orders from our website or with the underlying funds, impact our ability to calculate Accumulation Unit values, cause the release and possible destruction of confidential customer or business information, impede order processing, subject us and/or our service providers and intermediaries to regulatory fines and financial losses and/or cause reputational damage. Cybersecurity risks may also impact the issuers of securities in which the underlying funds invest, which may cause the funds underlying your contract to lose value. There can be no 147 assurance that we or the underlying funds or our service providers will avoid losses affecting your contract due to cyberattacks or information security breaches in the future. Natural and Man-Made Disasters We are also exposed to risks related to natural and man-made disasters and catastrophes, such as (but not limited to) storms, fires, floods, earthquakes, public health crises, malicious acts, and terrorist acts, any of which could adversely affect our ability to conduct business. A natural or man-made disaster or catastrophe, including a pandemic (such as COVID-19), could affect the ability or willingness of our employees or the employees of our service providers to perform their job responsibilities. Even if our employees and the employees of our service providers are able to work remotely, those remote work arrangements could result in our business operations being less efficient than under normal circumstances and could lead to delays in our processing of contract-related transactions, including orders from contract owners. Catastrophic events may negatively affect the computer and other systems on which we rely, may interfere with our ability to receive, pick up and process mail, may interfere with our ability to calculate Contract Value, or may have other possible negative impacts. These events may also impact the issuers of securities in which the Portfolios invest, which may cause the Portfolios underlying your contract to lose value. There can be no assurance that we or the Portfolios or our service providers will be able to successfully avoid negative impacts associated with natural and man-made disasters and catastrophes. Legal Proceedings We face the risk of litigation and regulatory investigations and actions in the ordinary course of operating our businesses, including the risk of class action lawsuits. Our pending legal and regulatory actions include proceedings specific to us and others generally applicable to business practices in the industries in which we operate. In our insurance operations, we are, have been, or may become subject to class actions and individual suits alleging, among other things, issues relating to sales or underwriting practices, payment of contingent or other sales commissions, claims payments and procedures, product design, product disclosure, administration, additional premium charges for premiums paid on a periodic basis, denial or delay of benefits, charging excessive or impermissible fees on products and recommending unsuitable products to customers. Plaintiffs in class action and other lawsuits against us may seek very large or indeterminate amounts, which may remain unknown for substantial periods of time. In our investment-related operations, we are subject to litigation involving commercial disputes with counterparties. We are also subject to litigation arising out of our general business activities such as our contractual and employment relationships and securities lawsuits. In addition, we are also subject to various regulatory inquiries, such as information requests, subpoenas, books and record examinations and market conduct and financial examinations from state, federal and international regulators and other authorities. A substantial legal liability or a significant regulatory action against us could have an adverse effect on our business, financial condition and results of operations. Moreover, even if we ultimately prevail in the litigation, regulatory action or investigation, we could suffer significant reputational harm, which could have an adverse effect on our business, financial condition and results of operations. Lehman Brothers Special Financing, Inc. In Lehman Brothers Special Financing, Inc. v. Bank of America National Association, et al, in U.S. Bankruptcy Court, Southern District of New York, Lehman Brothers Special Financing, Inc. ("LBSF") seeks to recover from the Company, as a noteholder defendant, sums it received from a collateralized debt obligation ("CDO") note following the bankruptcy of Lehman Brothers Holdings, Inc. ("LBHI"), alleging that we and other unrelated noteholders (the "Defendant Group") were not entitled to the amounts received. On June 28, 2016, the Bankruptcy Court granted our motion to dismiss, the Bankruptcy Court's order became final and appealable on January 24, 2017, and no claims remain against the Company. LBSF filed a notice of appeal on February 6, 2017. On March 14, 2018, the District Court affirmed the decision of the Bankruptcy Court. In a filing dated April 13, 2018, LBSF appealed the District Court's decision to the United States Court of Appeals for the Second Circuit. Oral argument occurred on June 26, 2019, and the Court of Appeals has taken the decision under advisement. We intend to continue to vigorously defend the dismissal of the action. Cost of Insurance Litigation In September 2018, we were named as a defendant in a putative class action lawsuit pending in the United States District Court for the Eastern District of Virginia captioned TVPX ARX INC., as Securities Intermediary for Consolidated Wealth Management, LTD. on behalf of itself and all others similarly situated v. Genworth Life and Annuity Insurance Company, Case No. 3:18-cv-00637. Plaintiff seeks to represent life insurance policyholders, alleging unlawful and excessive cost of insurance ("COI") charges. The complaint asserts claims for breach of contract, alleging that we improperly considered non-mortality factors when calculating COI rates and failed to decrease COI charges in light of improved expectations of future mortality, and seeks unspecified compensatory damages, costs, and equitable relief. On October 29, 2018, we filed a Motion to Enjoin in the Middle District of Georgia, and a Motion to Dismiss and Motion to Stay in the Eastern District of Virginia. We moved to enjoin the 148 prosecution of the Eastern District of Virginia action on the basis that it involves claims released in a prior nationwide class action settlement that was approved by the Middle District of Georgia. Plaintiff filed an amended complaint on November 13, 2018. On November 16, 2018, the Eastern District of Virginia court stayed the case for 60 days. On December 6, 2018, we moved the Middle District of Georgia for leave to file our counterclaim, which alleges that plaintiff breached the prior settlement agreement by filing its current action. On January 17, 2019, the Eastern District of Virginia court stayed the case for another 60 days or the date of the Middle District of Georgia's ruling on our motions, whichever comes earlier. A hearing on our Motion to Enjoin and Motion for Leave to file our counterclaim occurred on February 21, 2019. On March 15, 2019, the Middle District of Georgia granted our Motion to Enjoin and denied our Motion for Leave to file our counterclaim. As such, plaintiff is enjoined from pursuing its COI class action in the Eastern District of Virginia. On March 29, 2019, plaintiff filed a Notice of Appeal in the Middle District of Georgia, notifying the Court of its appeal to the United States Court of Appeals for the Eleventh Circuit from the Order granting our Motion to Enjoin. On March 29, 2019, we filed our Notice of Cross-Appeal in the Middle District of Georgia, notifying the Court of our cross-appeal to the Eleventh Circuit from the portion of the order denying our Motion for Leave to file our counterclaim. On April 8, 2019, the Eastern District of Virginia lifted the stay in the case and dismissed the case without prejudice, with leave for Plaintiff to refile an amended complaint only if a final appellate court decision vacates the injunction and reverses the Middle District of Georgia's opinion. On May 21, 2019, plaintiff filed its appeal and memorandum in support in the Eleventh Circuit. We filed our response to plaintiff's appeal memorandum and our memorandum in support of our cross-appeal on July 3, 2019. Plaintiff filed its reply in support of its appeal and response to our cross-appeal on August 20, 2019, and we filed our reply memorandum in support of our cross-appeal on September 20, 2019. Plaintiff's appeal and our cross-appeal are now fully briefed and waiting for disposition by the Eleventh Circuit. The Eleventh Circuit Court of Appeals has scheduled oral argument on Plaintiff's appeal and our cross-appeal on April 21, 2020. We intend to continue to vigorously defend the dismissal of the action. On April 6, 2020, we were named as a defendant in a putative class action lawsuit filed in the United States District Court for the Eastern District of Virginia, captioned Brighton Trustees, LLC, on behalf of and as trustee for Diamond LS Trust; and Bank of Utah, solely as securities intermediary for Diamond LS Trust; on behalf of themselves v. Genworth Life and Annuity Insurance Company. Plaintiff seeks to represent life insurance policyholders, alleging that the Company subjected policyholders to an unlawful and excessive cost of insurance increase. Plaintiff also alleges that the cost of insurance increase was not applied uniformly to policyholders, and that we improperly refused to provide reports on illustrative future death benefits and policy values to policyholders. The Complaint asserts claims for Breach of Contract and Injunctive Relief, and seeks damages in excess of $5 million, restitution, reinstatement of lapsed and/or surrendered policies, and equitable relief. We intend to vigorously defend this action. Unclaimed Property The West Virginia treasurer's office sued us and one of our affiliates, as well as other life insurers licensed in West Virginia, regarding alleged violations of unclaimed property requirements for West Virginia policies. We elected to participate in the early alternative dispute resolution procedure outlined in the trial court's post remand case management order and a first meeting to mediate the matter was held on February 1, 2017. Additionally, other state regulators have made inquiries on this topic. In particular, we and certain of our affiliates were being examined by Delaware's Department of Finance, which retained a third-party firm, Kelmar, to examine us, certain of our affiliates, and Genworth (together, for purposes of this section, "Genworth"). On December 5, 2017, the Delaware State Escheator approved the notice of intent filed by Genworth to convert this Department of Finance audit to a Secretary of State Voluntary Disclosure Agreement (the "VDA"). On February 5, 2020, Delaware signed a VDA with Genworth that will conclude this audit with payment by Genworth of an extrapolated unclaimed property amount of $9,750.92. On February 18, 2014, Genworth received notice from the Minnesota Department of Commerce that it had retained a third-party audit firm, Verus, to examine compliance with Minnesota's unclaimed property laws. In January 2017, Genworth was notified by Verus that Minnesota would no longer pursue a separate unclaimed property audit of Genworth. On June 25, 2019, Genworth received notice from Verus that Verus had completed all of its audit work and closed out its unclaimed property examination of Genworth. North Carolina Audit On May 31, 2019, the Company and certain affiliates received draft audit reports from the North Carolina Department of Revenue that examined tax credits received for investing in certain renewal energy projects from the period beginning January 1, 2014 and ending December 31, 2016. The Department of Revenue alleges that these tax credits were improper transactions because the Genworth entities were not bona fide partners of the investor/promotor Stonehenge Capital 149 Company, LLC. On July 15, 2019, we responded to the Department of Revenue, stating that we intend to contest the disallowance of the credits. On July 17, 2019, the Department of Revenue replied that their position regarding their audit conclusions has not changed and that they will proceed with finalizing the audit. On July 24, 2019, we received Notices of Proposed Adjustments and tax assessments for the Company and certain of the affiliates totaling $4.4 million from the Department of Revenue. On August 27, 2019, we submitted our NC-Form 242 Objection to these tax assessments. On December 5, 2019, we received Notices of Proposed Adjustments and tax assessments for the Company and Genworth Life Insurance Company totaling approximately $600,000. On January 14, 2020, we submitted our NC-Form 242 Objection to these tax assessments. We intend to continue to vigorously defend our position and any legal proceedings that may arise. At this time, we cannot determine or predict the ultimate outcome of any of the pending legal and regulatory matters specifically identified above or the likelihood of potential future legal and regulatory matters against us. Except as disclosed above, we also are not able to provide an estimate or range of reasonably possible losses related to these matters. Therefore, we cannot ensure that the current investigations and proceedings will not have a material adverse effect on our business, financial condition or results of operations. In addition, it is possible that related investigations and proceedings may be commenced in the future, and we could become subject to additional unrelated investigations and lawsuits. Increased regulatory scrutiny and any resulting investigations or proceedings could result in new legal precedents and industry-wide regulations or practices that could adversely affect our business, financial condition and results of operations. The Company shall, and may through insurance coverage, indemnify any directors or officers who are a party to any proceeding by reason of the fact that he or she was or is a director or officer of the Company against any liability incurred by him or her in connection with such proceeding unless he or she engaged in willful misconduct or a knowing violation of the criminal law or any federal or state securities law. Such indemnification covers all judgments, settlements, penalties, fines and reasonable expenses incurred with respect to such proceeding. If the person involved is not a director or officer of the Company, the Company may indemnify, or contract to indemnify, to the same extent allowed for its directors and officers, such person who was, is or may become a party to any proceeding, by reason of the fact that he or she is or was an employee or agent of the Company, or is or was serving at the request of the Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust, employee benefit plan or other enterprise. Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or controlling person of the Company in successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue. Capital Brokerage Corporation is not in any pending or threatened lawsuits that are reasonably likely to have a material adverse impact on us or on the Separate Account. Although it is not anticipated that these developments will have a material adverse impact on the Separate Account, on our ability to meet our obligations under the contracts, or on the ability of Capital Brokerage Corporation to perform under its principal underwriting agreement, there can be no assurance at this time. 150 APPENDIX A Examples -- Death Benefit Calculations Basic Death Benefit The following examples are for contracts issued on or after the later of May 1, 2003, or the date on which state insurance authorities approve applicable contract modifications. The purpose of this example is to show how the Basic Death Benefit works based on purely hypothetical values and is not intended to depict investment performance of the contract. Example: Assuming an owner: (1) purchases a contract for $100,000; (2) makes no additional premium payments and takes no partial surrenders; (3) is not subject to premium taxes; and (4) the Annuitant is age 75 on the Contract Date then:

Annuitant's End of Contract Basic Age Year Value Death Benefit ----------------------------------------- 76 1 $103,000 $103,000 77 2 112,000 112,000 78 3 90,000 100,000 79 4 135,000 135,000 80 5 130,000 130,000 81 6 150,000 150,000 82 7 125,000 125,000 83 8 145,000 145,000 -----------------------------------------

Partial surrenders (including partial surrenders taken pursuant to the terms of a Guaranteed Minimum Withdrawal Benefit for Life Rider) will reduce the Basic Death Benefit by the proportion that the partial surrender (including any applicable surrender charge and any premium tax assessed) reduces your Contract Value. For example:

Premium Contract Basic Date Payment Value Death Benefit -------------------------------------- 3/31/09 $20,000 $20,000 $20,000 3/31/17 20,000 20,000 3/31/18 14,000 20,000 --------------------------------------

If a partial surrender of $7,000 is taken on March 31, 2018, the Basic Death Benefit immediately after the partial surrender will be $10,000 ($20,000 to $10,000) since the Contract Value is reduced 50% by the partial surrender ($14,000 to $7,000). This is true only if the Basic Death Benefit immediately prior to the partial surrender (as calculated above) is not the Contract Value on the date we receive due proof of the Annuitant's death. It also assumes that no surrender charge applies, and that no premium tax applies to the partial surrender. This example is based on purely hypothetical values and is not intended to depict investment performance of the contract. Annual Step-Up Death Benefit Rider Option The following example shows how the Annual Step-Up Death Benefit works based on hypothetical values. It is not intended to depict investment performance of the contract. The example assumes that an owner purchases a contract with an Annuitant age 75 at the time of issue. In addition, the example assumes that: (1) the owner purchases the contract for $100,000; (2) the owner makes no additional premium payments; (3) the owner takes no partial surrenders; then

End of Annuitant's Contract Death Year Age Value Benefit Amount ------------------------------------------ 1 76 $103,000 $103,000 2 77 112,000 112,000 3 78 90,000 112,000 4 79 135,000 135,000 5 80 130,000 135,000 6 81 150,000 135,000 7 82 125,000 135,000 8 83 145,000 135,000 ------------------------------------------

Partial surrenders (including partial surrenders taken pursuant to the terms of a Guaranteed Minimum Withdrawal Benefit for Life Rider) will reduce the Annual Step-Up Death Benefit by the proportion that the partial surrender (including any surrender charge and any premium tax assessed) reduces your Contract Value. 5% Rollup Death Benefit Rider Option The following example shows how the 5% Rollup Death Benefit Rider Option works based on hypothetical values. It is not intended to depict investment performance of the contract. The example assumes that an owner purchases a contract with an Annuitant age 70 at the time of issue. In addition, the example assumes that: (1) the owner purchases the contract for $100,000; (2) the contract earns a 0% net return (-3.05% net of fees for the mortality and expense risk charge, administrative expense charge, underlying mutual fund expenses and the 5% Rollup Death Benefit Rider Option); A-1 (3) the owner makes no additional premium payments; (4) the owner takes annual partial surrenders equal to 5% of premium payments at end of the contract year; and (5) the contract is not subject to premium taxes.

Partial End of Annuitant's Withdrawal Contract 5% Rollup Year Age Amount Value Death Benefit ---------------------------------------------------- 0 70 $ 0 $100,000 $100,000 1 71 5,000 95,000 100,000 2 72 5,000 90,000 100,000 3 73 5,000 85,000 100,000 4 74 5,000 80,000 100,000 5 75 5,000 75,000 100,000 6 76 5,000 70,000 100,000 7 77 5,000 65,000 100,000 8 78 5,000 60,000 100,000 9 79 5,000 55,000 100,000 ----------------------------------------------------

Partial surrenders amounting to 5% or less of premium payments annually will reduce the 5% Rollup Death Benefit on a non pro-rata (dollar-for-dollar) basis. Therefore, in the example above, though a $5,000 partial surrender is taken at the end of year 1, the 5% Rollup Death Benefit immediately after the partial surrender is still equal to $100,000 since the benefit is reduced only by the same dollar amount of the partial surrender. Partial surrenders exceeding 5% of premium payments in any year will reduce the 5% Rollup Death Benefit on a pro-rata basis (by the proportion that the partial surrender, including any surrender charges, and any premium taxes assessed, reduces your Contract Value). All partial surrenders that exceed the 5% threshold will reduce the 5% Rollup Death Benefit on a pro-rata basis. For example:

5% Rollup 5% Rollup Death Benefit Death Option Benefit Before Any Option After Purchase Partial Contract Partial the Partial Date Payment Withdrawal Value Withdrawals Withdrawals ----------------------------------------------------------------- 3/31/2009 $10,000 $ 0 $10,000 $10,000 $10,000 3/31/2017 0 20,000 14,775 14,775 3/31/2018 7,000 14,000 15,513 7,785 -----------------------------------------------------------------

Therefore, if a $7,000 partial withdrawal is taken on March 31, 2018, $500 (5% of $10,000) will reduce the 5% Rollup Death Benefit on a non pro-rata (dollar-for-dollar) basis, to $15,013 ($15,513-$500). The remaining $6,500 of the partial withdrawal will reduce the 5% Rollup Death Benefit immediately after the partial withdrawal to $7,785 ($15,013 -- the 5% Rollup Death Benefit, multiplied by 51.85% -- 1 minus the ratio of the partial withdrawal ($6,500) to the Contract Value ($13,500), after reducing each by $500). Earnings Protector Death Benefit Rider Option The following example shows how the Earnings Protector Death Benefit works based on purely hypothetical values. It is not intended to depict investment performance of the contract. This example assumes an owner purchases a contract with an Annuitant age 65 at the time of issue, and that he or she takes no partial surrenders before the Annuitant's death.

Premium Contract Death Earnings Protector Date Payment Value Gain Benefit Death Benefit -------------------------------------------------------------- 8/01/09 $100,000 $100,000 $ 0 $100,000 $ 0 8/01/24 300,000 200,000 300,000 70,000 --------------------------------------------------------------

The Annuitant's death and notification of the death occurs on 8/01/24. At that time, 40% of the earnings or "gain" ($200,000) is $80,000. However, since the Earnings Protector Death Benefit under this age scenario cannot exceed 70% of the premium payments ($100,000) under this age scenario, the Earnings Protector Death Benefit in this example will be $70,000. The following examples are for contracts issued on or after the later of May 15, 2001, or the date on which state insurance authorities approve applicable state modifications and prior to May 1, 2003, or prior to the date on which state insurance authorities approve applicable contract modifications. Basic Death Benefit The purpose of this example is to show how the Basic Death Benefit works based on purely hypothetical values and is not intended to depict investment performance of the contract. Example: Assuming an owner: (1) purchases a contract for $100,000; (2) makes no additional premium payments and takes no partial surrenders; (3) is not subject to premium taxes; and A-2 (4) the Annuitant is age 70 on the Contract Date then:

Annuitant's End of Contract Basic Age Year Value Death Benefit ----------------------------------------- 71 1 $103,000 $103,000 72 2 110,000 110,000 73 3 80,000 110,000 74 4 120,000 120,000 75 5 130,000 130,000 76 6 150,000 150,000 77 7 160,000 160,000 78 8 130,000 160,000 79 9 90,000 160,000 80 10 170,000 170,000 81 11 140,000 170,000 82 12 190,000 190,000 83 13 150,000 170,000 -----------------------------------------

Partial surrenders will reduce the Basic Death Benefit by the proportion the partial surrender (including any applicable surrender charge and any premium tax assessed) reduces the Contract Value. For example:

Premium Contract Basic Date Payment Value Death Benefit -------------------------------------- 3/31/09 $50,000 $50,000 $50,000 3/31/17 50,000 50,000 3/31/18 35,000 50,000 --------------------------------------

If a partial surrender of $17,500 is taken on March 31, 2018, the Basic Death Benefit immediately after the partial surrender will be $25,000 ($50,000 to $25,000) since the Contract Value is reduced 50% by the partial surrender ($35,000 to $17,500). This is true only if the Basic Death Benefit immediately prior to the partial surrender (as calculated above) is not the Contract Value on the date we receive due proof of the Annuitant's death. It also assumes that surrender charge applies, and that no premium tax applies to the partial surrender. This example is based on purely hypothetical values and is not intended to depict investment performance of the contract. The following examples are for contracts issued prior to May 15, 2001, or prior to the date on which state insurance authorities approve applicable contract modifications. Basic Death Benefit The purpose of this example is to show how the Basic Death Benefit works based on purely hypothetical values and is not intended to depict investment performance of the contract. Example: Assuming an owner: (1) purchases a contract for $100,000; (2) makes no additional premium payments and takes no partial surrenders; (3) is not subject to premium taxes; and (4) the Annuitant's age is 70 on the Contract Date then:

Annuitant's End of Contract Unadjusted Age Year Value Death Benefit ----------------------------------------- 71 1 $103,000 $103,000 72 2 110,000 110,000 73 3 80,000 110,000 74 4 120,000 120,000 75 5 130,000 130,000 76 6 150,000 150,000 77 7 160,000 160,000 78 8 130,000 160,000 79 9 90,000 160,000 80 10 170,000 170,000 81 11 140,000 170,000 82 12 190,000 190,000 83 13 150,000 170,000 -----------------------------------------

Partial surrenders will reduce the unadjusted death benefit by the proportion that the partial surrender (including any applicable surrender charge and any premium tax assessed) reduces the Contract Value. For example:

Premium Contract Unadjusted Date Payment Value Death Benefit -------------------------------------- 3/31/09 $50,000 $50,000 $50,000 3/31/17 50,000 50,000 3/31/18 35,000 50,000 --------------------------------------

If a partial surrender of $17,500 is taken on March 31, 2018, the unadjusted death benefit immediately after the partial surrender will be $25,000 ($50,000 to $25,000) since the Contract Value is reduced 50% by the partial surrender ($35,000 to $17,500). This is true only if the unadjusted death benefit immediately prior to the partial surrender (as calculated above) is not the Contract Value on the date of the Annuitant's death. It also assumes that no premium tax applies to the partial surrender. This example is based on purely hypothetical values and is not intended to depict investment performance of the contract. A-3 Optional Enhanced Death Benefit The following example shows how the Optional Enhanced Death Benefit works based on purely hypothetical values. It is not intended to depict investment performance of the contract. This example assumes an owner purchases a contract with an Annuitant age 65 at the time of issue, and that he takes no partial surrenders before the Annuitant's death.

Contract Death Optional Enhanced Date Premium Value Gain Benefit Death Benefit ------------------------------------------------------------- 8/01/09 $100,000 $100,000 $ 0 $100,000 $ 0 8/01/24 300,000 200,000 300,000 70,000 -------------------------------------------------------------

The Annuitant's death and notification of the death occur on 8/01/24. At that time, 40% of the earnings or "gain" ($200,000) is $80,000. However, since the Optional Enhanced Death Benefit cannot exceed 70% of the premiums paid ($100,000) under this age scenario, the Optional Enhanced Death Benefit in this example will be $70,000. A-4 APPENDIX B Condensed Financial Information The value of an Accumulation Unit is determined on the basis of changes in the per share value of the Portfolios and the assessment of Separate Account charges. The Accumulation Unit values and the number of Accumulation Units outstanding for each Subaccount for the periods shown are as follows: Guaranteed Income Advantage or Payment Optimizer Plus (for Single Annuitant contracts) Elected

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ---------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $12.16 $14.08 20,643 2019 13.27 12.16 23,003 2018 11.71 13.27 25,473 2017 11.45 11.71 29,327 2016 11.54 11.45 31,849 2015 11.00 11.54 34,726 2014 9.66 11.00 37,657 2013 8.70 9.66 40,580 2012 9.16 8.70 43,674 2011 8.48 9.16 63,602 2010 ---------------------------------------------------------------------------------------------------------- AB Global Thematic Growth Portfolio -- Class B $12.38 $15.73 -- 2019 14.04 12.38 -- 2018 10.51 14.04 -- 2017 10.83 10.51 -- 2016 10.77 10.83 -- 2015 10.49 10.77 -- 2014 8.71 10.49 -- 2013 7.86 8.71 -- 2012 10.47 7.86 -- 2011 9.01 10.47 -- 2010 ---------------------------------------------------------------------------------------------------------- AB Growth and Income Portfolio -- Class B $15.16 $18.35 -- 2019 16.44 15.16 -- 2018 14.15 16.44 -- 2017 13.00 14.15 -- 2016 13.09 13.00 -- 2015 12.23 13.09 -- 2014 9.28 12.23 -- 2013 8.08 9.28 -- 2012 7.77 8.08 -- 2011 7.04 7.77 -- 2010 ---------------------------------------------------------------------------------------------------------- AB International Value Portfolio -- Class B $ 5.64 $ 6.45 17,070 2019 7.47 5.64 20,779 2018 6.10 7.47 19,572 2017 6.28 6.10 58,931 2016 6.26 6.28 46,037 2015 6.83 6.26 50,546 2014 5.68 6.83 38,847 2013 5.08 5.68 78,778 2012 6.44 5.08 67,434 2011 6.30 6.44 59,312 2010 ----------------------------------------------------------------------------------------------------------

B-1

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year --------------------------------------------------------------------------------------------------------------------------------- AB Large Cap Growth Portfolio -- Class B $21.34 $28.09 -- 2019 21.30 21.34 -- 2018 16.51 21.30 -- 2017 16.47 16.51 -- 2016 15.17 16.47 -- 2015 13.60 15.17 -- 2014 10.14 13.60 -- 2013 8.87 10.14 -- 2012 9.41 8.87 -- 2011 8.74 9.41 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- AB Small Cap Growth Portfolio -- Class B $22.14 $29.49 -- 2019 22.86 22.14 -- 2018 17.44 22.86 -- 2017 16.76 17.44 -- 2016 17.38 16.76 -- 2015 18.12 17.38 9,405 2014 12.73 18.12 -- 2013 11.33 12.73 -- 2012 11.10 11.33 -- 2011 8.30 11.10 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares $15.08 $20.06 -- 2019 16.37 15.08 -- 2018 13.21 16.37 -- 2017 13.82 13.21 -- 2016 13.66 13.82 -- 2015 12.12 13.66 -- 2014 9.56 12.12 -- 2013 8.57 9.56 -- 2012 8.88 8.57 -- 2011 8.30 8.88 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $ 9.26 $10.63 8,370 2019 10.01 9.26 9,484 2018 9.38 10.01 10,510 2017 9.12 9.38 13,832 2016 9.26 9.12 13,171 2015 8.75 9.26 18,147 2014 7.92 8.75 30,688 2013 7.21 7.92 32,070 2012 7.33 7.21 34,051 2011 6.64 7.33 35,762 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $15.41 $20.98 -- 2019 16.79 15.41 -- 2018 13.35 16.79 -- 2017 13.35 13.35 -- 2016 12.81 13.35 -- 2015 12.40 12.81 -- 2014 9.33 12.40 -- 2013 8.20 9.33 -- 2012 8.30 8.20 -- 2011 6.67 8.30 -- 2010 ---------------------------------------------------------------------------------------------------------------------------------

B-2

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $13.96 $17.97 4,074 16.45 13.96 5,600 12.32 16.45 11,765 12.60 12.32 12,431 12.41 12.60 18,369 12.41 12.41 25,668 9.98 12.41 21,402 8.42 9.98 26,457 9.40 8.42 30,757 8.29 9.40 30,269 -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $15.31 $19.75 24,175 17.00 15.31 32,739 14.88 17.00 28,265 13.65 14.88 34,507 13.52 13.65 25,349 12.50 13.52 35,740 9.71 12.50 42,444 8.50 9.71 54,029 8.71 8.50 123,357 7.67 8.71 131,051 -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $16.37 $20.22 3,637 18.68 16.37 4,669 16.74 18.68 7,732 14.52 16.74 9,207 15.79 14.52 15,811 14.44 15.79 20,696 10.48 14.44 36,801 9.09 10.48 50,768 9.51 9.09 57,283 7.89 9.51 60,712 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares $17.01 $22.78 -- 18.02 17.01 -- 14.44 18.02 -- 14.42 14.44 -- 14.02 14.42 -- 13.20 14.02 -- 9.61 13.20 -- 10.00 9.61 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series II shares $19.07 $25.49 -- 20.26 19.07 -- 16.28 20.26 -- 16.29 16.28 -- 15.88 16.29 -- 14.99 15.88 -- 10.95 14.99 -- 9.86 10.95 -- 10.75 9.86 -- 9.18 10.75 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares $14.17 $17.34 -- 16.51 14.17 -- 14.34 16.51 -- 12.51 14.34 21,347 13.62 12.51 -- 12.74 13.62 -- 9.59 12.74 -- 8.23 9.59 -- 8.59 8.23 -- 7.58 8.59 -- --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 -----------------------------------------------------------------------------------

B-3

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares $13.99 $17.67 27,026 2019 15.77 13.99 35,805 2018 14.22 15.77 30,718 2017 13.17 14.22 32,311 2016 14.27 13.17 -- 2015 13.47 14.27 -- 2014 10.64 13.47 -- 2013 9.54 10.64 -- 2012 9.74 9.54 -- 2011 9.08 9.74 -- 2010 -------------------------------------------------------------------------------------------------------------------- Invesco V.I. Equity and Income Fund -- Series II shares $13.84 $16.27 4,964 2019 15.65 13.84 5,532 2018 14.42 15.65 5,629 2017 12.82 14.42 6,873 2016 13.44 12.82 7,267 2015 12.61 13.44 8,140 2014 10.31 12.61 8,611 2013 9.37 10.31 9,334 2012 9.69 9.37 9,779 2011 8.83 9.69 11,459 2010 -------------------------------------------------------------------------------------------------------------------- Invesco V.I. International Growth Fund -- Series II shares $10.46 $13.14 11,188 2019 12.59 10.46 15,154 2018 10.48 12.59 15,453 2017 10.77 10.48 9,899 2016 11.29 10.77 26,765 2015 11.52 11.29 21,326 2014 9.90 11.52 23,066 2013 8.77 9.90 26,596 2012 9.63 8.77 19,721 2011 8.73 9.63 19,809 2010 -------------------------------------------------------------------------------------------------------------------- Invesco V.I. Value Opportunities Fund -- Series II shares $ 9.64 $12.28 -- 2019 12.20 9.64 -- 2018 10.62 12.20 -- 2017 9.20 10.62 -- 2016 10.51 9.20 -- 2015 10.09 10.51 -- 2014 7.73 10.09 -- 2013 6.70 7.73 -- 2012 7.08 6.70 -- 2011 6.76 7.08 -- 2010 -------------------------------------------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. -------------------------------------------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II $11.26 $12.01 15,035 2019 11.83 11.26 17,765 2018 11.64 11.83 16,350 2017 11.39 11.64 17,744 2016 11.92 11.39 5,077 2015 11.78 11.92 33,662 2014 13.14 11.78 36,339 2013 12.50 13.14 32,843 2012 11.42 12.50 34,637 2011 11.09 11.42 41,278 2010 --------------------------------------------------------------------------------------------------------------------

B-4

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $15.37 $19.37 -- 2019 16.81 15.37 -- 2018 15.08 16.81 -- 2017 12.47 15.08 -- 2016 13.66 12.47 -- 2015 13.27 13.66 -- 2014 9.54 13.27 -- 2013 8.60 9.54 -- 2012 9.01 8.60 -- 2011 7.17 9.01 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Basic Value V.I. Fund -- Class III Shares $13.48 $16.31 6,777 2019 14.98 13.48 8,597 2018 14.16 14.98 9,674 2017 12.28 14.16 17,956 2016 13.35 12.28 -- 2015 12.44 13.35 -- 2014 9.22 12.44 -- 2013 8.27 9.22 -- 2012 8.69 8.27 -- 2011 7.88 8.69 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Global Allocation V.I. Fund -- Class III Shares $12.99 $14.98 68,216 2019 14.35 12.99 76,472 2018 12.88 14.35 89,189 2017 12.67 12.88 98,984 2016 13.06 12.67 134,112 2015 13.08 13.06 146,764 2014 11.67 13.08 153,826 2013 10.84 11.67 164,750 2012 11.48 10.84 186,345 2011 10.68 11.48 206,958 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $18.88 $24.47 -- 2019 18.76 18.88 -- 2018 14.82 18.76 -- 2017 14.07 14.82 -- 2016 14.01 14.07 -- 2015 12.55 14.01 -- 2014 9.59 12.55 -- 2013 8.53 9.59 -- 2012 8.51 8.53 -- 2011 7.55 8.51 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- Columbia Funds Variable Series Trust II ----------------------------------------------------------------------------------------------------------------------------- CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $12.96 $16.73 6,586 2019 13.56 12.96 8,974 2018 10.41 13.56 17,719 2017 10.00 10.41 -- 2016 ----------------------------------------------------------------------------------------------------------------------------- Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $ 9.82 $12.03 -- 2019 12.05 9.82 -- 2018 9.67 12.05 -- 2017 10.00 9.67 -- 2016 -----------------------------------------------------------------------------------------------------------------------------

B-5

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------- Eaton Vance Variable Trust -------------------------------------------------------------------------------------------------------------- VT Floating -- Rate Income Fund $11.67 $12.24 11,853 2019 11.93 11.67 16,905 2018 11.77 11.93 8,067 2017 11.03 11.77 8,761 2016 11.37 11.03 10,477 2015 11.55 11.37 28,278 2014 11.35 11.55 29,848 2013 10.80 11.35 22,990 2012 10.75 10.80 -- 2011 10.06 10.75 -- 2010 -------------------------------------------------------------------------------------------------------------- Federated Insurance Series -------------------------------------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares $15.64 $17.48 -- 2019 16.54 15.64 -- 2018 15.84 16.54 -- 2017 14.12 15.84 -- 2016 14.82 14.12 -- 2015 14.77 14.82 -- 2014 14.13 14.77 -- 2013 12.62 14.13 -- 2012 12.28 12.62 -- 2011 10.96 12.28 -- 2010 -------------------------------------------------------------------------------------------------------------- Federated Kaufmann Fund II -- Service Shares $18.73 $24.49 -- 2019 18.46 18.73 -- 2018 14.73 18.46 -- 2017 14.54 14.73 -- 2016 13.98 14.54 -- 2015 13.04 13.98 -- 2014 9.53 13.04 -- 2013 8.32 9.53 -- 2012 9.82 8.32 31,170 2011 8.51 9.82 30,145 2010 -------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund -------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $15.66 $19.04 11,092 2019 16.73 15.66 13,197 2018 14.71 16.73 14,293 2017 14.04 14.71 16,560 2016 14.28 14.04 19,202 2015 13.25 14.28 20,135 2014 11.34 13.25 21,427 2013 10.09 11.34 22,581 2012 10.71 10.09 39,990 2011 9.28 10.71 39,191 2010 -------------------------------------------------------------------------------------------------------------- VIP Contrafund(R) Portfolio -- Service Class 2 $16.77 $21.57 5,114 2019 18.34 16.77 6,964 2018 15.40 18.34 13,153 2017 14.60 15.40 9,957 2016 14.84 14.60 47,352 2015 13.57 14.84 65,420 2014 10.58 13.57 84,459 2013 9.30 10.58 107,310 2012 9.76 9.30 -- 2011 8.53 9.76 773 2010 --------------------------------------------------------------------------------------------------------------

B-6

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------- VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $17.29 $21.99 -- 2019 18.62 17.29 -- 2018 15.39 18.62 -- 2017 15.30 15.39 -- 2016 15.47 15.30 -- 2015 14.27 15.47 -- 2014 10.54 14.27 -- 2013 8.80 10.54 -- 2012 9.24 8.80 -- 2011 7.99 9.24 -- 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Equity-Income Portfolio -- Service Class 2 $12.81 $15.95 6,907 2019 14.30 12.81 9,095 2018 12.96 14.30 10,138 2017 11.24 12.96 -- 2016 11.98 11.24 25,768 2015 11.28 11.98 33,692 2014 9.01 11.28 46,751 2013 7.86 9.01 58,053 2012 7.97 7.86 -- 2011 7.08 7.97 -- 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Growth & Income Portfolio -- Service Class 2 $15.44 $19.61 -- 2019 17.36 15.44 -- 2018 15.20 17.36 -- 2017 13.39 15.20 -- 2016 14.03 13.39 -- 2015 13.00 14.03 -- 2014 9.96 13.00 -- 2013 8.60 9.96 -- 2012 8.66 8.60 -- 2011 7.72 8.66 -- 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Growth Opportunities Portfolio -- Service Class 2 $23.03 $31.69 -- 2019 20.95 23.03 -- 2018 15.94 20.95 -- 2017 16.26 15.94 -- 2016 15.76 16.26 17,740 2015 14.37 15.76 10,278 2014 10.67 14.37 12,292 2013 10.00 10.67 16,395 2012 ----------------------------------------------------------------------------------------------------------------------- VIP Growth Portfolio -- Service Class 2 $20.29 $26.63 -- 2019 20.81 20.29 -- 2018 15.76 20.81 -- 2017 16.00 15.76 -- 2016 15.28 16.00 -- 2015 14.05 15.28 -- 2014 10.55 14.05 -- 2013 9.41 10.55 -- 2012 9.61 9.41 -- 2011 7.92 9.61 -- 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Investment Grade Bond Portfolio -- Service Class 2 $12.01 $12.87 28,023 2019 12.36 12.01 33,484 2018 12.14 12.36 54,497 2017 11.86 12.14 59,587 2016 12.21 11.86 58,454 2015 11.80 12.21 46,251 2014 12.31 11.80 58,117 2013 11.90 12.31 63,411 2012 11.35 11.90 -- 2011 10.77 11.35 -- 2010 -----------------------------------------------------------------------------------------------------------------------

B-7

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- VIP Mid Cap Portfolio -- Service Class 2 $16.15 $19.48 9,429 2019 19.35 16.15 11,878 2018 16.38 19.35 12,545 2017 14.94 16.38 15,529 2016 15.51 14.94 15,309 2015 14.93 15.51 36,604 2014 11.22 14.93 35,631 2013 10.00 11.22 47,002 2012 11.45 10.00 -- 2011 9.09 11.45 808 2010 ----------------------------------------------------------------------------------------------------------- VIP Value Strategies Portfolio -- Service Class 2 $13.24 $17.39 -- 2019 16.38 13.24 -- 2018 14.05 16.38 -- 2017 13.12 14.05 -- 2016 13.84 13.12 -- 2015 13.26 13.84 -- 2014 10.40 13.26 -- 2013 8.36 10.40 -- 2012 9.38 8.36 -- 2011 7.58 9.38 -- 2010 ----------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust ----------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $11.27 $13.23 18,956 2019 12.73 11.27 21,211 2018 11.61 12.73 23,909 2017 10.47 11.61 60,193 2016 11.40 10.47 65,876 2015 11.31 11.40 69,837 2014 9.33 11.31 74,048 2013 8.26 9.33 79,084 2012 8.57 8.26 83,957 2011 7.93 8.57 112,906 2010 ----------------------------------------------------------------------------------------------------------- Franklin Income VIP Fund -- Class 2 Shares $13.33 $15.15 89,967 2019 14.22 13.33 101,812 2018 13.24 14.22 119,508 2017 11.85 13.24 132,902 2016 13.02 11.85 171,428 2015 12.70 13.02 186,060 2014 11.38 12.70 222,829 2013 10.32 11.38 237,323 2012 10.29 10.32 270,047 2011 9.32 10.29 305,886 2010 ----------------------------------------------------------------------------------------------------------- Franklin Mutual Shares VIP Fund -- Class 2 Shares $12.01 $14.42 -- 2019 13.49 12.01 -- 2018 12.71 13.49 -- 2017 11.18 12.71 -- 2016 12.01 11.18 -- 2015 11.44 12.01 -- 2014 9.11 11.44 -- 2013 8.14 9.11 -- 2012 8.40 8.14 32,305 2011 7.71 8.40 33,937 2010 -----------------------------------------------------------------------------------------------------------

B-8

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Templeton Growth VIP Fund -- Class 2 Shares $ 9.62 $10.85 -- 2019 11.54 9.62 -- 2018 9.94 11.54 -- 2017 9.26 9.94 -- 2016 10.11 9.26 -- 2015 10.62 10.11 -- 2014 8.29 10.62 -- 2013 6.99 8.29 -- 2012 7.67 6.99 -- 2011 7.29 7.67 -- 2010 ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $ 8.94 $ 8.92 -- 2019 8.99 8.94 -- 2018 9.13 8.99 -- 2017 9.32 9.13 -- 2016 9.51 9.32 -- 2015 9.71 9.51 -- 2014 9.92 9.71 -- 2013 10.00 9.92 -- 2012 ---------------------------------------------------------------------------------------------------------------------- Janus Aspen Series ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $18.07 $21.65 13,917 2019 18.37 18.07 15,415 2018 15.88 18.37 17,390 2017 15.54 15.88 20,323 2016 15.80 15.54 17,133 2015 14.90 15.80 18,265 2014 12.70 14.90 18,917 2013 11.43 12.70 19,752 2012 11.52 11.43 34,862 2011 10.88 11.52 46,315 2010 ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Forty Portfolio -- Service Shares $22.57 $30.25 -- 2019 22.66 22.57 -- 2018 17.79 22.66 -- 2017 17.82 17.79 8,606 2016 16.25 17.82 9,710 2015 15.29 16.25 14,967 2014 11.93 15.29 17,375 2013 9.83 11.93 22,058 2012 10.79 9.83 17,544 2011 10.34 10.79 17,575 2010 ---------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $17.40 $21.26 -- 2019 19.43 17.40 -- 2018 17.11 19.43 -- 2017 17.30 17.11 -- 2016 18.01 17.30 -- 2015 15.31 18.01 -- 2014 10.61 15.31 -- 2013 9.14 10.61 -- 2012 9.14 9.14 -- 2011 7.48 9.14 -- 2010 ----------------------------------------------------------------------------------------------------------------------

B-9

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Dividend Strategy Portfolio -- Class II $15.41 $19.84 969 2019 16.57 15.41 1,124 2018 14.21 16.57 1,261 2017 12.64 14.21 1,415 2016 13.50 12.64 1,620 2015 12.15 13.50 1,714 2014 9.87 12.15 1,978 2013 8.83 9.87 2,253 2012 8.37 8.83 2,532 2011 7.62 8.37 2,879 2010 -------------------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Large Cap Value Portfolio -- Class I $10.49 $13.24 -- 2019 11.75 10.49 -- 2018 10.44 11.75 -- 2017 9.44 10.44 -- 2016 9.92 9.44 -- 2015 10.00 9.92 -- 2014 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $16.98 $21.83 -- 2019 18.39 16.98 -- 2018 15.26 18.39 -- 2017 14.38 15.26 -- 2016 14.69 14.38 -- 2015 13.55 14.69 -- 2014 10.50 13.55 -- 2013 9.02 10.50 -- 2012 9.44 9.02 -- 2011 8.69 9.44 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Total Return Series -- Service Class Shares $13.41 $15.77 5,086 2019 14.54 13.41 6,783 2018 13.25 14.54 13,946 2017 12.43 13.25 16,115 2016 12.77 12.43 17,588 2015 12.04 12.77 20,530 2014 10.35 12.04 30,365 2013 9.53 10.35 32,988 2012 9.58 9.53 35,171 2011 8.92 9.58 54,055 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Utilities Series -- Service Class Shares $16.54 $20.22 -- 2019 16.75 16.54 -- 2018 14.94 16.75 -- 2017 13.71 14.94 -- 2016 16.42 13.71 -- 2015 14.90 16.42 -- 2014 12.66 14.90 -- 2013 11.41 12.66 -- 2012 10.94 11.41 -- 2011 9.84 10.94 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $12.41 $16.97 -- 2019 12.60 12.41 -- 2018 10.04 12.60 -- 2017 9.68 10.04 -- 2016 10.00 9.68 -- 2015 --------------------------------------------------------------------------------------------------------------------------------

B-10

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $12.55 $13.74 -- 2019 13.56 12.55 -- 2018 12.21 13.56 -- 2017 11.04 12.21 -- 2016 12.41 11.04 -- 2015 12.61 12.41 -- 2014 12.86 12.61 -- 2013 11.44 12.86 -- 2012 11.45 11.44 -- 2011 10.35 11.45 -- 2010 ---------------------------------------------------------------------------------------------------------------------------- High Yield Portfolio -- Administrative Class Shares $14.73 $16.56 8,782 2019 15.45 14.73 8,050 2018 14.80 15.45 6,224 2017 13.43 14.80 6,993 2016 13.95 13.43 21,569 2015 13.78 13.95 17,438 2014 13.30 13.78 12,529 2013 11.88 13.30 13,101 2012 11.74 11.88 22,027 2011 10.47 11.74 24,166 2010 ---------------------------------------------------------------------------------------------------------------------------- Long-Term U.S. Government Portfolio -- Administrative Class Shares $16.10 $17.88 7,936 2019 16.84 16.10 7,586 2018 15.78 16.84 5,726 2017 16.00 15.78 6,579 2016 16.57 16.00 -- 2015 13.64 16.57 -- 2014 16.00 13.64 -- 2013 15.64 16.00 -- 2012 12.49 15.64 -- 2011 11.43 12.49 381 2010 ---------------------------------------------------------------------------------------------------------------------------- Low Duration Portfolio -- Administrative Class Shares $11.08 $11.29 9,589 2019 11.28 11.08 10,842 2018 11.36 11.28 8,526 2017 11.44 11.36 9,077 2016 11.64 11.44 25,304 2015 11.78 11.64 89,752 2014 12.05 11.78 87,442 2013 11.62 12.05 86,518 2012 11.73 11.62 89,379 2011 11.38 11.73 96,316 2010 ---------------------------------------------------------------------------------------------------------------------------- Total Return Portfolio -- Administrative Class Shares $13.64 $14.47 24,897 2019 14.00 13.64 32,453 2018 13.62 14.00 48,192 2017 13.54 13.62 53,148 2016 13.76 13.54 64,004 2015 13.47 13.76 46,835 2014 14.03 13.47 57,246 2013 13.07 14.03 55,732 2012 12.88 13.07 66,550 2011 12.16 12.88 74,132 2010 ----------------------------------------------------------------------------------------------------------------------------

B-11

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------- Rydex Variable Trust -------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $26.27 $35.21 -- 2019 27.31 26.27 -- 2018 21.27 27.31 -- 2017 20.48 21.27 -- 2016 19.32 20.48 -- 2015 16.80 19.32 -- 2014 12.74 16.80 -- 2013 11.14 12.74 -- 2012 11.13 11.14 -- 2011 9.59 11.13 -- 2010 -------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. -------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $11.01 $11.72 -- 2019 11.41 11.01 -- 2018 11.28 11.41 -- 2017 11.18 11.28 -- 2016 11.46 11.18 -- 2015 11.13 11.46 -- 2014 11.52 11.13 -- 2013 11.13 11.52 -- 2012 10.60 11.13 -- 2011 10.06 10.60 -- 2010 -------------------------------------------------------------------------------------------------------------- Premier Growth Equity V.I.S. Fund -- Class 1 Shares $19.79 $26.62 -- 2019 20.76 19.79 -- 2018 16.51 20.76 -- 2017 16.45 16.51 -- 2016 16.26 16.45 -- 2015 14.56 16.26 -- 2014 11.02 14.56 -- 2013 9.30 11.02 -- 2012 9.45 9.30 -- 2011 8.65 9.45 -- 2010 -------------------------------------------------------------------------------------------------------------- Real Estate Securities V.I.S. Fund -- Class 1 Shares $14.63 $18.08 4,029 2019 15.84 14.63 5,199 2018 15.28 15.84 6,089 2017 14.45 15.28 6,859 2016 14.10 14.45 8,169 2015 10.92 14.10 11,526 2014 10.86 10.92 23,600 2013 9.50 10.86 8,148 2012 8.82 9.50 9,410 2011 6.99 8.82 11,589 2010 -------------------------------------------------------------------------------------------------------------- S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $17.04 $21.88 -- 2019 18.27 17.04 -- 2018 15.35 18.27 -- 2017 14.04 15.35 -- 2016 14.18 14.04 -- 2015 12.78 14.18 -- 2014 9.89 12.78 -- 2013 8.72 9.89 -- 2012 8.76 8.72 -- 2011 7.78 8.76 -- 2010 --------------------------------------------------------------------------------------------------------------

B-12

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- Small-Cap Equity V.I.S. Fund -- Class 1 Shares $16.90 $20.88 -- 2019 19.11 16.90 -- 2018 17.31 19.11 -- 2017 14.28 17.31 -- 2016 15.20 14.28 -- 2015 14.96 15.20 -- 2014 11.15 14.96 -- 2013 9.94 11.15 -- 2012 9.84 9.94 -- 2011 7.88 9.84 -- 2010 ----------------------------------------------------------------------------------------------------------- Total Return V.I.S. Fund -- Class 3 Shares $11.95 $13.53 647,947 2019 13.07 11.95 695,906 2018 11.58 13.07 986,774 2017 11.14 11.58 1,121,503 2016 11.53 11.14 1,162,651 2015 11.20 11.53 1,240,501 2014 9.97 11.20 1,295,677 2013 9.07 9.97 1,343,654 2012 9.56 9.07 1,401,335 2011 8.92 9.56 1,459,920 2010 ----------------------------------------------------------------------------------------------------------- U.S. Equity V.I.S. Fund -- Class 1 Shares $16.35 $21.10 -- 2019 17.28 16.35 -- 2018 14.71 17.28 -- 2017 13.74 14.71 -- 2016 14.36 13.74 -- 2015 13.00 14.36 -- 2014 9.91 13.00 -- 2013 8.74 9.91 -- 2012 9.19 8.74 -- 2011 8.50 9.19 -- 2010 ----------------------------------------------------------------------------------------------------------- The Prudential Series Fund ----------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $16.69 $20.99 -- 2019 18.08 16.69 -- 2018 14.22 18.08 -- 2017 14.34 14.22 -- 2016 13.83 14.34 -- 2015 13.23 13.83 -- 2014 10.45 13.23 -- 2013 9.64 10.45 -- 2012 10.31 9.64 -- 2011 9.80 10.31 -- 2010 ----------------------------------------------------------------------------------------------------------- Jennison Portfolio -- Class II Shares $21.96 $28.57 -- 2019 22.69 21.96 -- 2018 17.02 22.69 -- 2017 17.60 17.02 -- 2016 16.18 17.60 -- 2015 15.08 16.18 -- 2014 11.23 15.08 -- 2013 9.90 11.23 -- 2012 10.12 9.90 -- 2011 9.27 10.12 -- 2010 -----------------------------------------------------------------------------------------------------------

B-13

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------- Natural Resources Portfolio -- Class II Shares $ 5.99 $ 6.47 22,949 2019 7.49 5.99 25,980 2018 7.69 7.49 19,988 2017 6.29 7.69 13,050 2016 9.03 6.29 8,972 2015 11.49 9.03 9,081 2014 10.69 11.49 7,629 2013 11.24 10.69 8,224 2012 14.23 11.24 -- 2011 11.39 14.23 574 2010 -------------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust -------------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $24.20 $32.48 -- 2019 24.64 24.20 -- 2018 18.69 24.64 -- 2017 18.98 18.69 -- 2016 19.12 18.98 -- 2015 18.79 19.12 -- 2014 13.72 18.79 -- 2013 11.63 13.72 -- 2012 12.57 11.63 -- 2011 10.00 12.57 -- 2010 --------------------------------------------------------------------------------------------------------

B-14 Lifetime Income Plus (for Joint Annuitant contracts) Elected

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ---------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $11.81 $13.64 -- 2019 12.92 11.81 -- 2018 11.44 12.92 -- 2017 11.21 11.44 -- 2016 11.32 11.21 -- 2015 10.82 11.32 -- 2014 9.53 10.82 -- 2013 8.60 9.53 -- 2012 9.08 8.60 -- 2011 8.43 9.08 -- 2010 ---------------------------------------------------------------------------------------------------------- AB Global Thematic Growth Portfolio -- Class B $12.00 $15.22 -- 2019 13.65 12.00 -- 2018 10.25 13.65 -- 2017 10.58 10.25 -- 2016 10.55 10.58 -- 2015 10.30 10.55 -- 2014 8.58 10.30 -- 2013 7.76 8.58 -- 2012 10.36 7.76 -- 2011 8.95 10.36 -- 2010 ---------------------------------------------------------------------------------------------------------- AB Growth and Income Portfolio -- Class B $14.70 $17.75 -- 2019 15.98 14.70 -- 2018 13.79 15.98 -- 2017 12.71 13.79 -- 2016 12.82 12.71 -- 2015 12.01 12.82 -- 2014 9.13 12.01 -- 2013 7.97 9.13 -- 2012 7.69 7.97 -- 2011 6.98 7.69 -- 2010 ---------------------------------------------------------------------------------------------------------- AB International Value Portfolio -- Class B $ 5.47 $ 6.24 1,333 2019 7.26 5.47 1,349 2018 5.94 7.26 1,234 2017 6.13 5.94 3,553 2016 6.13 6.13 3,202 2015 6.71 6.13 2,687 2014 5.59 6.71 1,914 2013 5.01 5.59 3,593 2012 6.37 5.01 2,876 2011 6.25 6.37 2,504 2010 ---------------------------------------------------------------------------------------------------------- AB Large Cap Growth Portfolio -- Class B $20.70 $27.17 -- 2019 20.71 20.70 -- 2018 16.09 20.71 -- 2017 16.09 16.09 -- 2016 14.86 16.09 -- 2015 13.36 14.86 -- 2014 9.98 13.36 -- 2013 8.75 9.98 -- 2012 9.31 8.75 -- 2011 8.68 9.31 -- 2010 ----------------------------------------------------------------------------------------------------------

B-15

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year --------------------------------------------------------------------------------------------------------------------------------- AB Small Cap Growth Portfolio -- Class B $21.47 $28.53 -- 2019 22.22 21.47 -- 2018 17.00 22.22 -- 2017 16.38 17.00 -- 2016 17.03 16.38 -- 2015 17.80 17.03 500 2014 12.54 17.80 -- 2013 11.18 12.54 -- 2012 10.98 11.18 -- 2011 8.23 10.98 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares $14.62 $19.40 -- 2019 15.91 14.62 -- 2018 12.88 15.91 -- 2017 13.51 12.88 -- 2016 13.39 13.51 -- 2015 11.90 13.39 -- 2014 9.41 11.90 -- 2013 8.46 9.41 -- 2012 8.78 8.46 -- 2011 8.24 8.78 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $ 8.98 $10.28 -- 2019 9.73 8.98 -- 2018 9.14 9.73 -- 2017 8.91 9.14 -- 2016 9.07 8.91 -- 2015 8.59 9.07 -- 2014 7.80 8.59 -- 2013 7.12 7.80 -- 2012 7.26 7.12 -- 2011 6.59 7.26 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $14.94 $20.29 -- 2019 16.33 14.94 -- 2018 13.01 16.33 -- 2017 13.04 13.01 -- 2016 12.55 13.04 -- 2015 12.17 12.55 -- 2014 9.19 12.17 -- 2013 8.10 9.19 -- 2012 8.22 8.10 -- 2011 6.61 8.22 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $13.53 $17.38 318 2019 16.00 13.53 362 2018 12.01 16.00 745 2017 12.31 12.01 748 2016 12.15 12.31 1,285 2015 12.19 12.15 1,366 2014 9.83 12.19 1,057 2013 8.31 9.83 1,206 2012 9.30 8.31 1,318 2011 8.23 9.30 1,280 2010 ---------------------------------------------------------------------------------------------------------------------------------

B-16

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $14.84 $19.10 1,889 16.53 14.84 2,105 14.51 16.53 1,776 13.34 14.51 2,096 13.24 13.34 1,781 12.28 13.24 1,898 9.56 12.28 2,103 8.39 9.56 2,448 8.62 8.39 5,323 7.61 8.62 5,570 -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $15.87 $19.56 284 18.16 15.87 296 16.32 18.16 484 14.19 16.32 559 15.47 14.19 1,101 14.18 15.47 1,101 10.32 14.18 1,821 8.98 10.32 2,301 9.41 8.98 2,460 7.83 9.41 2,540 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares $16.44 $21.97 -- 17.46 16.44 -- 14.04 17.46 -- 14.05 14.04 -- 13.69 14.05 -- 12.92 13.69 -- 9.44 12.92 -- 10.00 9.44 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series II shares $18.49 $24.65 -- 19.70 18.49 -- 15.87 19.70 -- 15.92 15.87 -- 15.56 15.92 -- 14.72 15.56 -- 10.78 14.72 -- 9.73 10.78 -- 10.64 9.73 -- 9.11 10.64 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares $13.74 $16.78 -- 16.05 13.74 -- 13.97 16.05 -- 12.23 13.97 1,292 13.34 12.23 -- 12.51 13.34 -- 9.44 12.51 -- 8.13 9.44 -- 8.50 8.13 -- 7.52 8.50 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares $13.57 $17.10 2,114 15.33 13.57 2,301 13.86 15.33 1,938 12.87 13.86 1,947 13.98 12.87 -- 13.23 13.98 -- 10.48 13.23 -- 9.42 10.48 -- 9.64 9.42 -- 9.01 9.64 -- --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 -----------------------------------------------------------------------------------

B-17

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Equity and Income Fund -- Series II shares $13.43 $15.75 -- 2019 15.23 13.43 -- 2018 14.07 15.23 -- 2017 12.54 14.07 -- 2016 13.18 12.54 -- 2015 12.40 13.18 -- 2014 10.16 12.40 -- 2013 9.26 10.16 -- 2012 9.60 9.26 -- 2011 8.77 9.60 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. International Growth Fund -- Series II shares $10.14 $12.71 876 2019 12.24 10.14 995 2018 10.21 12.24 970 2017 10.52 10.21 599 2016 11.06 10.52 1,862 2015 11.31 11.06 1,132 2014 9.75 11.31 1,138 2013 8.66 9.75 1,209 2012 9.53 8.66 846 2011 8.66 9.53 836 2010 ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Value Opportunities Fund -- Series II shares $ 9.34 $11.88 -- 2019 11.86 9.34 -- 2018 10.35 11.86 -- 2017 8.99 10.35 -- 2016 10.30 8.99 -- 2015 9.91 10.30 -- 2014 7.61 9.91 -- 2013 6.62 7.61 -- 2012 7.01 6.62 -- 2011 6.71 7.01 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. ----------------------------------------------------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II $10.91 $11.61 1,151 2019 11.50 10.91 1,209 2018 11.35 11.50 1,024 2017 11.13 11.35 1,058 2016 11.68 11.13 357 2015 11.57 11.68 1,809 2014 12.94 11.57 1,798 2013 12.34 12.94 1,489 2012 11.30 12.34 1,505 2011 11.00 11.30 1,734 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $14.91 $18.74 -- 2019 16.35 14.91 -- 2018 14.70 16.35 -- 2017 12.19 14.70 -- 2016 13.38 12.19 -- 2015 13.04 13.38 -- 2014 9.39 13.04 -- 2013 8.49 9.39 -- 2012 8.92 8.49 -- 2011 7.11 8.92 -- 2010 -----------------------------------------------------------------------------------------------------------------------------

B-18

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ------------------------------------------------------------------------------------------------------------------------ BlackRock Basic Value V.I. Fund -- Class III Shares $13.07 $15.77 530 2019 14.56 13.07 554 2018 13.80 14.56 607 2017 12.00 13.80 1,089 2016 13.08 12.00 -- 2015 12.21 13.08 -- 2014 9.08 12.21 -- 2013 8.17 9.08 -- 2012 8.60 8.17 -- 2011 7.82 8.60 -- 2010 ------------------------------------------------------------------------------------------------------------------------ BlackRock Global Allocation V.I. Fund -- Class III Shares $12.59 $14.49 12,134 2019 13.95 12.59 13,115 2018 12.55 13.95 13,728 2017 12.38 12.55 14,693 2016 12.80 12.38 111,293 2015 12.85 12.80 138,929 2014 11.49 12.85 128,759 2013 10.70 11.49 139,684 2012 11.36 10.70 139,766 2011 10.60 11.36 136,986 2010 ------------------------------------------------------------------------------------------------------------------------ BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $18.31 $23.67 -- 2019 18.24 18.31 -- 2018 14.44 18.24 -- 2017 13.75 14.44 -- 2016 13.72 13.75 -- 2015 12.33 13.72 -- 2014 9.44 12.33 -- 2013 8.42 9.44 -- 2012 8.42 8.42 -- 2011 7.49 8.42 -- 2010 ------------------------------------------------------------------------------------------------------------------------ Columbia Funds Variable Series Trust II ------------------------------------------------------------------------------------------------------------------------ CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $12.88 $16.58 503 2019 13.51 12.88 569 2018 10.39 13.51 1,092 2017 10.00 10.39 -- 2016 ------------------------------------------------------------------------------------------------------------------------ Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $ 9.75 $11.92 -- 2019 12.00 9.75 -- 2018 9.65 12.00 -- 2017 10.00 9.65 -- 2016 ------------------------------------------------------------------------------------------------------------------------ Eaton Vance Variable Trust ------------------------------------------------------------------------------------------------------------------------ VT Floating -- Rate Income Fund $11.32 $11.84 913 2019 11.59 11.32 1,139 2018 11.47 11.59 505 2017 10.78 11.47 526 2016 11.14 10.78 735 2015 11.34 11.14 1,514 2014 11.18 11.34 1,480 2013 10.66 11.18 1,042 2012 10.64 10.66 -- 2011 9.98 10.64 -- 2010 ------------------------------------------------------------------------------------------------------------------------

B-19

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------- Federated Insurance Series ----------------------------------------------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares $15.17 $16.91 -- 2019 16.08 15.17 -- 2018 15.44 16.08 -- 2017 13.80 15.44 -- 2016 14.52 13.80 -- 2015 14.51 14.52 -- 2014 13.91 14.51 -- 2013 12.46 13.91 -- 2012 12.15 12.46 -- 2011 10.88 12.15 -- 2010 ----------------------------------------------------------------------------------------------------------------------- Federated Kaufmann Fund II -- Service Shares $18.16 $23.69 -- 2019 17.95 18.16 -- 2018 14.35 17.95 -- 2017 14.21 14.35 -- 2016 13.70 14.21 -- 2015 12.81 13.70 -- 2014 9.39 12.81 -- 2013 8.21 9.39 -- 2012 9.72 8.21 1,336 2011 8.45 9.72 1,232 2010 ----------------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund ----------------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $15.19 $18.41 2,180 2019 16.27 15.19 2,433 2018 14.34 16.27 2,604 2017 13.72 14.34 2,849 2016 13.99 13.72 2,987 2015 13.02 13.99 3,313 2014 11.17 13.02 3,438 2013 9.96 11.17 3,544 2012 10.60 9.96 3,599 2011 9.21 10.60 3,531 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Contrafund(R) Portfolio -- Service Class 2 $16.26 $20.86 398 2019 17.83 16.26 448 2018 15.01 17.83 829 2017 14.26 15.01 603 2016 14.54 14.26 3,324 2015 13.33 14.54 3,476 2014 10.42 13.33 4,181 2013 9.18 10.42 4,863 2012 9.66 9.18 -- 2011 8.46 9.66 -- 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $16.77 $21.27 -- 2019 18.10 16.77 -- 2018 15.00 18.10 -- 2017 14.95 15.00 -- 2016 15.15 14.95 -- 2015 14.01 15.15 -- 2014 10.38 14.01 -- 2013 8.69 10.38 -- 2012 9.14 8.69 -- 2011 7.93 9.14 -- 2010 -----------------------------------------------------------------------------------------------------------------------

B-20

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------- VIP Equity-Income Portfolio -- Service Class 2 $12.42 $15.43 539 2019 13.91 12.42 588 2018 12.63 13.91 637 2017 10.98 12.63 -- 2016 11.74 10.98 1,806 2015 11.08 11.74 1,787 2014 8.87 11.08 2,309 2013 7.76 8.87 2,644 2012 7.89 7.76 -- 2011 7.02 7.89 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Growth & Income Portfolio -- Service Class 2 $14.97 $18.97 -- 2019 16.87 14.97 -- 2018 14.81 16.87 -- 2017 13.09 14.81 -- 2016 13.75 13.09 -- 2015 12.76 13.75 -- 2014 9.80 12.76 -- 2013 8.49 9.80 -- 2012 8.57 8.49 -- 2011 7.66 8.57 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Growth Opportunities Portfolio -- Service Class 2 $22.62 $31.05 -- 2019 20.64 22.62 -- 2018 15.74 20.64 -- 2017 16.10 15.74 -- 2016 15.64 16.10 1,230 2015 14.30 15.64 540 2014 10.64 14.30 600 2013 10.00 10.64 731 2012 ---------------------------------------------------------------------------------------------------------------- VIP Growth Portfolio -- Service Class 2 $19.68 $25.76 -- 2019 20.23 19.68 -- 2018 15.36 20.23 -- 2017 15.63 15.36 -- 2016 14.97 15.63 -- 2015 13.80 14.97 -- 2014 10.39 13.80 -- 2013 9.29 10.39 -- 2012 9.51 9.29 -- 2011 7.86 9.51 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Investment Grade Bond Portfolio -- Service Class 2 $11.66 $12.46 2,140 2019 12.03 11.66 2,289 2018 11.84 12.03 3,407 2017 11.60 11.84 3,558 2016 11.97 11.60 4,108 2015 11.60 11.97 2,482 2014 12.13 11.60 2,877 2013 11.76 12.13 2,868 2012 11.24 11.76 -- 2011 10.70 11.24 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Mid Cap Portfolio -- Service Class 2 $15.66 $18.84 734 2019 18.81 15.66 758 2018 15.97 18.81 791 2017 14.60 15.97 937 2016 15.19 14.60 1,069 2015 14.67 15.19 1,943 2014 11.05 14.67 1,766 2013 9.87 11.05 2,133 2012 11.33 9.87 -- 2011 9.02 11.33 -- 2010 ----------------------------------------------------------------------------------------------------------------

B-21

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- VIP Value Strategies Portfolio -- Service Class 2 $12.84 $16.82 -- 2019 15.93 12.84 -- 2018 13.69 15.93 -- 2017 12.82 13.69 -- 2016 13.56 12.82 -- 2015 13.03 13.56 -- 2014 10.24 13.03 -- 2013 8.25 10.24 -- 2012 9.28 8.25 -- 2011 7.52 9.28 -- 2010 ----------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust ----------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $10.94 $12.82 -- 2019 12.40 10.94 -- 2018 11.33 12.40 -- 2017 10.25 11.33 -- 2016 11.18 10.25 -- 2015 11.13 11.18 -- 2014 9.20 11.13 -- 2013 8.17 9.20 -- 2012 8.49 8.17 -- 2011 7.88 8.49 -- 2010 ----------------------------------------------------------------------------------------------------------- Franklin Income VIP Fund -- Class 2 Shares $12.92 $14.65 24,317 2019 13.83 12.92 25,730 2018 12.90 13.83 27,798 2017 11.58 12.90 28,809 2016 12.75 11.58 32,061 2015 12.48 12.75 55,580 2014 11.21 12.48 56,564 2013 10.18 11.21 67,693 2012 10.18 10.18 74,595 2011 9.25 10.18 84,712 2010 ----------------------------------------------------------------------------------------------------------- Franklin Mutual Shares VIP Fund -- Class 2 Shares $11.65 $13.95 -- 2019 13.12 11.65 -- 2018 12.39 13.12 -- 2017 10.93 12.39 -- 2016 11.76 10.93 -- 2015 11.24 11.76 -- 2014 8.97 11.24 -- 2013 8.04 8.97 -- 2012 8.31 8.04 1,397 2011 7.65 8.31 1,444 2010 ----------------------------------------------------------------------------------------------------------- Templeton Growth VIP Fund -- Class 2 Shares $ 9.33 $10.50 -- 2019 11.22 9.33 -- 2018 9.69 11.22 -- 2017 9.05 9.69 -- 2016 9.90 9.05 -- 2015 10.43 9.90 -- 2014 8.16 10.43 -- 2013 6.90 8.16 -- 2012 7.59 6.90 -- 2011 7.23 7.59 -- 2010 -----------------------------------------------------------------------------------------------------------

B-22

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $ 8.79 $ 8.75 -- 2019 8.87 8.79 -- 2018 9.03 8.87 5,917 2017 9.24 9.03 12,495 2016 9.46 9.24 18,166 2015 9.68 9.46 -- 2014 9.91 9.68 67,701 2013 10.00 9.91 -- 2012 ---------------------------------------------------------------------------------------------------------------------- Janus Aspen Series ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $17.53 $20.94 4,135 2019 17.86 17.53 4,851 2018 15.48 17.86 5,720 2017 15.18 15.48 6,523 2016 15.48 15.18 7,079 2015 14.64 15.48 18,116 2014 12.50 14.64 10,611 2013 11.29 12.50 21,328 2012 11.40 11.29 22,486 2011 10.79 11.40 24,054 2010 ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Forty Portfolio -- Service Shares $21.89 $29.26 -- 2019 22.03 21.89 -- 2018 17.34 22.03 -- 2017 17.41 17.34 519 2016 15.92 17.41 683 2015 15.02 15.92 796 2014 11.75 15.02 860 2013 9.71 11.75 995 2012 10.68 9.71 755 2011 10.26 10.68 746 2010 ---------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $16.88 $20.57 -- 2019 18.89 16.88 -- 2018 16.67 18.89 -- 2017 16.91 16.67 -- 2016 17.65 16.91 -- 2015 15.04 17.65 -- 2014 10.45 15.04 -- 2013 9.03 10.45 -- 2012 9.04 9.03 -- 2011 7.42 9.04 -- 2010 ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Dividend Strategy Portfolio -- Class II $14.96 $19.21 -- 2019 16.12 14.96 -- 2018 13.86 16.12 -- 2017 12.36 13.86 -- 2016 13.24 12.36 -- 2015 11.94 13.24 -- 2014 9.73 11.94 -- 2013 8.73 9.73 -- 2012 8.29 8.73 -- 2011 7.57 8.29 -- 2010 ----------------------------------------------------------------------------------------------------------------------

B-23

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Large Cap Value Portfolio -- Class I $10.38 $13.07 -- 2019 11.66 10.38 -- 2018 10.39 11.66 -- 2017 9.41 10.39 -- 2016 9.92 9.41 -- 2015 10.00 9.92 -- 2014 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $16.47 $21.12 -- 2019 17.88 16.47 -- 2018 14.87 17.88 -- 2017 14.05 14.87 -- 2016 14.39 14.05 -- 2015 13.30 14.39 -- 2014 10.34 13.30 -- 2013 8.90 10.34 -- 2012 9.34 8.90 -- 2011 8.62 9.34 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Total Return Series -- Service Class Shares $13.00 $15.26 1,188 2019 14.14 13.00 1,325 2018 12.92 14.14 1,416 2017 12.15 12.92 1,527 2016 12.51 12.15 1,617 2015 11.83 12.51 1,795 2014 10.19 11.83 1,953 2013 9.41 10.19 2,145 2012 9.48 9.41 2,268 2011 8.85 9.48 2,433 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Utilities Series -- Service Class Shares $16.04 $19.56 -- 2019 16.29 16.04 -- 2018 14.56 16.29 -- 2017 13.40 14.56 -- 2016 16.08 13.40 -- 2015 14.64 16.08 -- 2014 12.46 14.64 -- 2013 11.27 12.46 -- 2012 10.83 11.27 -- 2011 9.76 10.83 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $12.29 $16.76 -- 2019 12.51 12.29 -- 2018 9.99 12.51 -- 2017 9.66 9.99 -- 2016 10.00 9.66 -- 2015 -------------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $12.17 $13.29 -- 2019 13.18 12.17 -- 2018 11.90 13.18 -- 2017 10.78 11.90 -- 2016 12.15 10.78 -- 2015 12.38 12.15 -- 2014 12.66 12.38 -- 2013 11.29 12.66 -- 2012 11.34 11.29 -- 2011 10.27 11.34 -- 2010 --------------------------------------------------------------------------------------------------------------------------------

B-24

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------------- High Yield Portfolio -- Administrative Class Shares $14.29 $16.01 678 2019 15.02 14.29 543 2018 14.42 15.02 389 2017 13.13 14.42 421 2016 13.66 13.13 1,501 2015 13.53 13.66 929 2014 13.10 13.53 621 2013 11.73 13.10 596 2012 11.62 11.73 959 2011 10.39 11.62 1,022 2010 ---------------------------------------------------------------------------------------------------------------------------- Long-Term U.S. Government Portfolio -- Administrative Class Shares $15.62 $17.29 598 2019 16.38 15.62 527 2018 15.38 16.38 358 2017 15.64 15.38 391 2016 16.23 15.64 -- 2015 13.40 16.23 -- 2014 15.75 13.40 -- 2013 15.44 15.75 -- 2012 12.36 15.44 -- 2011 11.34 12.36 -- 2010 ---------------------------------------------------------------------------------------------------------------------------- Low Duration Portfolio -- Administrative Class Shares $10.75 $10.92 734 2019 10.97 10.75 739 2018 11.07 10.97 534 2017 11.18 11.07 543 2016 11.40 11.18 1,780 2015 11.57 11.40 4,809 2014 11.86 11.57 4,333 2013 11.47 11.86 3,917 2012 11.61 11.47 3,894 2011 11.29 11.61 4,062 2010 ---------------------------------------------------------------------------------------------------------------------------- Total Return Portfolio -- Administrative Class Shares $13.22 $14.00 1,899 2019 13.61 13.22 2,218 2018 13.27 13.61 3,017 2017 13.23 13.27 3,175 2016 13.48 13.23 4,512 2015 13.23 13.48 2,515 2014 13.82 13.23 2,835 2013 12.91 13.82 2,523 2012 12.75 12.91 2,898 2011 12.07 12.75 3,081 2010 ---------------------------------------------------------------------------------------------------------------------------- Rydex Variable Trust ---------------------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $25.47 $34.06 -- 2019 26.56 25.47 -- 2018 20.73 26.56 -- 2017 20.02 20.73 -- 2016 18.93 20.02 -- 2015 16.50 18.93 -- 2014 12.54 16.50 -- 2013 10.99 12.54 -- 2012 11.01 10.99 -- 2011 9.51 11.01 -- 2010 ----------------------------------------------------------------------------------------------------------------------------

B-25

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. -------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $10.68 $11.33 -- 2019 11.09 10.68 -- 2018 10.99 11.09 -- 2017 10.93 10.99 -- 2016 11.23 10.93 -- 2015 10.94 11.23 -- 2014 11.34 10.94 -- 2013 10.99 11.34 -- 2012 10.49 10.99 -- 2011 9.98 10.49 -- 2010 -------------------------------------------------------------------------------------------------------------- Premier Growth Equity V.I.S. Fund -- Class 1 Shares $19.19 $25.75 -- 2019 20.18 19.19 -- 2018 16.10 20.18 -- 2017 16.08 16.10 -- 2016 15.93 16.08 -- 2015 14.30 15.93 -- 2014 10.85 14.30 -- 2013 9.19 10.85 -- 2012 9.36 9.19 -- 2011 8.58 9.36 -- 2010 -------------------------------------------------------------------------------------------------------------- Real Estate Securities V.I.S. Fund -- Class 1 Shares $14.19 $17.49 305 2019 15.40 14.19 340 2018 14.90 15.40 382 2017 14.12 14.90 416 2016 13.82 14.12 577 2015 10.72 13.82 618 2014 10.70 10.72 1,175 2013 9.37 10.70 370 2012 8.73 9.37 409 2011 6.93 8.73 456 2010 -------------------------------------------------------------------------------------------------------------- S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $16.53 $21.16 -- 2019 17.76 16.53 -- 2018 14.96 17.76 -- 2017 13.72 14.96 -- 2016 13.89 13.72 -- 2015 12.55 13.89 -- 2014 9.73 12.55 -- 2013 8.61 9.73 -- 2012 8.67 8.61 -- 2011 7.72 8.67 -- 2010 -------------------------------------------------------------------------------------------------------------- Small-Cap Equity V.I.S. Fund -- Class 1 Shares $16.39 $20.19 -- 2019 18.58 16.39 -- 2018 16.87 18.58 -- 2017 13.95 16.87 -- 2016 14.89 13.95 -- 2015 14.69 14.89 -- 2014 10.98 14.69 -- 2013 9.81 10.98 -- 2012 9.74 9.81 -- 2011 7.82 9.74 -- 2010 --------------------------------------------------------------------------------------------------------------

B-26

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- Total Return V.I.S. Fund -- Class 3 Shares $11.59 $13.09 73,687 2019 12.71 11.59 79,644 2018 11.28 12.71 85,368 2017 10.89 11.28 95,117 2016 11.29 10.89 105,376 2015 11.00 11.29 132,418 2014 9.82 11.00 110,935 2013 8.96 9.82 150,051 2012 9.46 8.96 159,262 2011 8.85 9.46 170,731 2010 ----------------------------------------------------------------------------------------------------------- U.S. Equity V.I.S. Fund -- Class 1 Shares $15.85 $20.41 -- 2019 16.80 15.85 -- 2018 14.34 16.80 -- 2017 13.42 14.34 -- 2016 14.06 13.42 -- 2015 12.76 14.06 -- 2014 9.76 12.76 -- 2013 8.62 9.76 -- 2012 9.09 8.62 -- 2011 8.44 9.09 -- 2010 ----------------------------------------------------------------------------------------------------------- The Prudential Series Fund ----------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $16.19 $20.30 -- 2019 17.57 16.19 -- 2018 13.86 17.57 -- 2017 14.02 13.86 -- 2016 13.55 14.02 -- 2015 13.00 13.55 -- 2014 10.29 13.00 -- 2013 9.52 10.29 -- 2012 10.20 9.52 -- 2011 9.73 10.20 -- 2010 ----------------------------------------------------------------------------------------------------------- Jennison Portfolio -- Class II Shares $21.30 $27.64 -- 2019 22.06 21.30 -- 2018 16.59 22.06 -- 2017 17.20 16.59 -- 2016 15.85 17.20 -- 2015 14.81 15.85 -- 2014 11.05 14.81 -- 2013 9.78 11.05 -- 2012 10.02 9.78 -- 2011 9.20 10.02 -- 2010 ----------------------------------------------------------------------------------------------------------- Natural Resources Portfolio -- Class II Shares $ 5.81 $ 6.25 1,809 2019 7.29 5.81 1,682 2018 7.50 7.29 1,269 2017 6.15 7.50 769 2016 8.84 6.15 614 2015 11.28 8.84 469 2014 10.52 11.28 375 2013 11.10 10.52 374 2012 14.08 11.10 -- 2011 11.31 14.08 -- 2010 -----------------------------------------------------------------------------------------------------------

B-27

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust ----------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $23.68 $31.71 -- 2019 24.17 23.68 -- 2018 18.38 24.17 -- 2017 18.72 18.38 -- 2016 18.90 18.72 -- 2015 18.63 18.90 -- 2014 13.63 18.63 -- 2013 11.59 13.63 -- 2012 12.56 11.59 -- 2011 10.00 12.56 -- 2010 -----------------------------------------------------------------------------------------------------

B-28 Lifetime Income Plus (for Joint Annuitant contracts) Elected -- reset on or after 07/15/19

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. -------------------------------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $10.00 $10.37 -- AB Global Thematic Growth Portfolio -- Class B $10.00 $10.56 -- AB Growth and Income Portfolio -- Class B $10.00 $10.62 -- AB International Value Portfolio -- Class B $10.00 $10.60 -- AB Large Cap Growth Portfolio -- Class B $10.00 $10.83 -- AB Small Cap Growth Portfolio -- Class B $10.00 $10.26 -- -------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares $10.00 $10.87 -- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $10.00 $10.31 -- Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $10.00 $10.38 -- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $10.00 $10.62 -- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $10.00 $10.59 -- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $10.00 $10.79 -- Invesco V.I. American Franchise Fund -- Series I shares $10.00 $10.89 -- Invesco V.I. American Franchise Fund -- Series II shares $10.00 $10.88 -- Invesco V.I. Comstock Fund -- Series II shares $10.00 $10.70 -- Invesco V.I. Core Equity Fund -- Series I shares $10.00 $10.68 -- Invesco V.I. Equity and Income Fund -- Series II shares $10.00 $10.42 -- Invesco V.I. International Growth Fund -- Series II shares $10.00 $10.55 -- Invesco V.I. Value Opportunities Fund -- Series II shares $10.00 $10.68 -- -------------------------------------------------------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. -------------------------------------------------------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II $10.00 $10.07 -- -------------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. -------------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $10.00 $10.59 -- BlackRock Basic Value V.I. Fund -- Class III Shares $10.00 $10.58 -- BlackRock Global Allocation V.I. Fund -- Class III Shares $10.00 $10.48 -- BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $10.00 $10.27 -- -------------------------------------------------------------------------------------------------------------------------------- Columbia Funds Variable Series Trust II -------------------------------------------------------------------------------------------------------------------------------- CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $10.00 $10.53 -- Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $10.00 $10.76 -- -------------------------------------------------------------------------------------------------------------------------------- Eaton Vance Variable Trust -------------------------------------------------------------------------------------------------------------------------------- VT Floating -- Rate Income Fund $10.00 $10.08 -- -------------------------------------------------------------------------------------------------------------------------------- Federated Insurance Series -------------------------------------------------------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares $10.00 $10.23 -- Federated Kaufmann Fund II -- Service Shares $10.00 $10.32 -- -------------------------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund -------------------------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $10.00 $10.62 -- VIP Contrafund(R) Portfolio -- Service Class 2 $10.00 $10.61 -- VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $10.00 $10.64 -- VIP Equity-Income Portfolio -- Service Class 2 $10.00 $10.72 -- VIP Growth & Income Portfolio -- Service Class 2 $10.00 $10.96 -- VIP Growth Opportunities Portfolio -- Service Class 2 $10.00 $10.87 -- VIP Growth Portfolio -- Service Class 2 $10.00 $10.76 -- VIP Investment Grade Bond Portfolio -- Service Class 2 $10.00 $10.13 -- VIP Mid Cap Portfolio -- Service Class 2 $10.00 $10.35 -- VIP Value Strategies Portfolio -- Service Class 2 $10.00 $10.80 -- --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ----------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B 2019 AB Global Thematic Growth Portfolio -- Class B 2019 AB Growth and Income Portfolio -- Class B 2019 AB International Value Portfolio -- Class B 2019 AB Large Cap Growth Portfolio -- Class B 2019 AB Small Cap Growth Portfolio -- Class B 2019 ----------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Global Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 Invesco V.I. American Franchise Fund -- Series I shares 2019 Invesco V.I. American Franchise Fund -- Series II shares 2019 Invesco V.I. Comstock Fund -- Series II shares 2019 Invesco V.I. Core Equity Fund -- Series I shares 2019 Invesco V.I. Equity and Income Fund -- Series II shares 2019 Invesco V.I. International Growth Fund -- Series II shares 2019 Invesco V.I. Value Opportunities Fund -- Series II shares 2019 ----------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. ----------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II 2019 ----------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares 2019 BlackRock Basic Value V.I. Fund -- Class III Shares 2019 BlackRock Global Allocation V.I. Fund -- Class III Shares 2019 BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares 2019 ----------------------------------------------------------------------------------- Columbia Funds Variable Series Trust II ----------------------------------------------------------------------------------- CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 2019 Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 2019 ----------------------------------------------------------------------------------- Eaton Vance Variable Trust ----------------------------------------------------------------------------------- VT Floating -- Rate Income Fund 2019 ----------------------------------------------------------------------------------- Federated Insurance Series ----------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares 2019 Federated Kaufmann Fund II -- Service Shares 2019 ----------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund ----------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 2019 VIP Contrafund(R) Portfolio -- Service Class 2 2019 VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 2019 VIP Equity-Income Portfolio -- Service Class 2 2019 VIP Growth & Income Portfolio -- Service Class 2 2019 VIP Growth Opportunities Portfolio -- Service Class 2 2019 VIP Growth Portfolio -- Service Class 2 2019 VIP Investment Grade Bond Portfolio -- Service Class 2 2019 VIP Mid Cap Portfolio -- Service Class 2 2019 VIP Value Strategies Portfolio -- Service Class 2 2019 -----------------------------------------------------------------------------------

B-29

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust -------------------------------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $10.00 $10.43 -- 2019 Franklin Income VIP Fund -- Class 2 Shares $10.00 $10.29 -- 2019 Franklin Mutual Shares VIP Fund -- Class 2 Shares $10.00 $10.57 -- 2019 Templeton Growth VIP Fund -- Class 2 Shares $10.00 $10.62 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $10.00 $ 9.94 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Janus Aspen Series -------------------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $10.00 $10.62 -- 2019 Janus Henderson Forty Portfolio -- Service Shares $10.00 $10.80 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust -------------------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $10.00 $10.97 -- 2019 ClearBridge Variable Dividend Strategy Portfolio -- Class II $10.00 $10.68 -- 2019 ClearBridge Variable Large Cap Value Portfolio -- Class I $10.00 $10.62 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $10.00 $10.60 -- 2019 MFS(R) Total Return Series -- Service Class Shares $10.00 $10.46 -- 2019 MFS(R) Utilities Series -- Service Class Shares $10.00 $10.51 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $10.00 $10.95 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $10.00 $10.19 -- 2019 High Yield Portfolio -- Administrative Class Shares $10.00 $10.24 -- 2019 Long-Term U.S. Government Portfolio -- Administrative Class Shares $10.00 $10.15 -- 2019 Low Duration Portfolio -- Administrative Class Shares $10.00 $10.00 -- 2019 Total Return Portfolio -- Administrative Class Shares $10.00 $10.09 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Rydex Variable Trust -------------------------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $10.00 $11.01 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. -------------------------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $10.00 $10.09 -- 2019 Premier Growth Equity V.I.S. Fund -- Class 1 Shares $10.00 $11.05 -- 2019 Real Estate Securities V.I.S. Fund -- Class 1 Shares $10.00 $10.24 -- 2019 S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $10.00 $10.79 -- 2019 Small-Cap Equity V.I.S. Fund -- Class 1 Shares $10.00 $10.61 -- 2019 Total Return V.I.S. Fund -- Class 3 Shares $10.00 $10.24 -- 2019 U.S. Equity V.I.S. Fund -- Class 1 Shares $10.00 $10.77 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- The Prudential Series Fund -------------------------------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $10.00 $10.68 -- 2019 Jennison Portfolio -- Class II Shares $10.00 $10.70 -- 2019 Natural Resources Portfolio -- Class II Shares $10.00 $ 9.71 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust -------------------------------------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $10.00 $10.43 -- 2019 --------------------------------------------------------------------------------------------------------------------------------

B-30 Lifetime Income Plus (for Single Annuitant contracts) Elected

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ---------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $12.02 $13.90 -- 2019 13.13 12.02 -- 2018 11.60 13.13 -- 2017 11.35 11.60 -- 2016 11.45 11.35 -- 2015 10.93 11.45 -- 2014 9.60 10.93 -- 2013 8.66 9.60 -- 2012 9.13 8.66 -- 2011 8.46 9.13 -- 2010 ---------------------------------------------------------------------------------------------------------- AB Global Thematic Growth Portfolio -- Class B $12.22 $15.52 -- 2019 13.88 12.22 -- 2018 10.41 13.88 -- 2017 10.73 10.41 -- 2016 10.68 10.73 -- 2015 10.42 10.68 -- 2014 8.66 10.42 -- 2013 7.82 8.66 -- 2012 10.43 7.82 -- 2011 8.99 10.43 -- 2010 ---------------------------------------------------------------------------------------------------------- AB Growth and Income Portfolio -- Class B $14.97 $18.11 -- 2019 16.25 14.97 -- 2018 14.00 16.25 -- 2017 12.88 14.00 -- 2016 12.98 12.88 -- 2015 12.14 12.98 -- 2014 9.22 12.14 -- 2013 8.04 9.22 -- 2012 7.74 8.04 -- 2011 7.01 7.74 -- 2010 ---------------------------------------------------------------------------------------------------------- AB International Value Portfolio -- Class B $ 5.57 $ 6.36 19,978 2019 7.39 5.57 24,213 2018 6.04 7.39 22,008 2017 6.22 6.04 60,963 2016 6.21 6.22 42,982 2015 6.78 6.21 49,679 2014 5.65 6.78 37,164 2013 5.05 5.65 74,093 2012 6.41 5.05 60,380 2011 6.28 6.41 53,671 2010 ---------------------------------------------------------------------------------------------------------- AB Large Cap Growth Portfolio -- Class B $21.08 $27.72 -- 2019 21.06 21.08 -- 2018 16.34 21.06 -- 2017 16.32 16.34 -- 2016 15.04 16.32 -- 2015 13.50 15.04 -- 2014 10.07 13.50 -- 2013 8.82 10.07 -- 2012 9.37 8.82 -- 2011 8.72 9.37 -- 2010 ----------------------------------------------------------------------------------------------------------

B-31

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year --------------------------------------------------------------------------------------------------------------------------------- AB Small Cap Growth Portfolio -- Class B $21.87 $29.10 -- 2019 22.60 21.87 -- 2018 17.26 22.60 -- 2017 16.61 17.26 -- 2016 17.24 16.61 -- 2015 17.99 17.24 8,128 2014 12.65 17.99 -- 2013 11.27 12.65 -- 2012 11.05 11.27 -- 2011 8.27 11.05 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares $14.89 $19.80 -- 2019 16.19 14.89 -- 2018 13.08 16.19 -- 2017 13.69 13.08 -- 2016 13.55 13.69 -- 2015 12.03 13.55 -- 2014 9.50 12.03 -- 2013 8.53 9.50 -- 2012 8.84 8.53 -- 2011 8.28 8.84 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $ 9.14 $10.49 43,671 2019 9.89 9.14 47,155 2018 9.28 9.89 50,926 2017 9.04 9.28 53,560 2016 9.18 9.04 58,705 2015 8.69 9.18 65,242 2014 7.87 8.69 79,003 2013 7.17 7.87 85,955 2012 7.30 7.17 93,459 2011 6.62 7.30 101,011 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $15.22 $20.70 -- 2019 16.60 15.22 -- 2018 13.21 16.60 -- 2017 13.22 13.21 -- 2016 12.71 13.22 -- 2015 12.31 12.71 -- 2014 9.27 12.31 -- 2013 8.16 9.27 -- 2012 8.27 8.16 -- 2011 6.65 8.27 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $13.79 $17.73 4,766 2019 16.27 13.79 6,532 2018 12.20 16.27 13,268 2017 12.48 12.20 12,860 2016 12.31 12.48 17,116 2015 12.32 12.31 22,327 2014 9.92 12.32 17,615 2013 8.38 9.92 23,087 2012 9.36 8.38 24,932 2011 8.27 9.36 24,992 2010 ---------------------------------------------------------------------------------------------------------------------------------

B-32

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $15.12 $19.49 28,276 16.81 15.12 38,351 14.73 16.81 31,801 13.53 14.73 35,602 13.41 13.53 23,663 12.41 13.41 30,973 9.65 12.41 34,976 8.46 9.65 47,249 8.67 8.46 99,530 7.65 8.67 108,091 -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $16.17 $19.95 4,245 18.47 16.17 5,456 16.57 18.47 8,678 14.39 16.57 9,532 15.66 14.39 14,728 14.33 15.66 18,367 10.42 14.33 30,833 9.05 10.42 44,832 9.47 9.05 46,950 7.87 9.47 49,997 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares $16.89 $22.60 -- 17.91 16.89 -- 14.37 17.91 -- 14.36 14.37 -- 13.98 14.36 -- 13.17 13.98 -- 9.61 13.17 -- 10.00 9.61 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series II shares $18.84 $25.15 -- 20.03 18.84 -- 16.12 20.03 -- 16.14 16.12 -- 15.75 16.14 -- 14.88 15.75 -- 10.88 14.88 -- 9.81 10.88 -- 10.70 9.81 -- 9.15 10.70 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares $14.00 $17.11 -- 16.33 14.00 -- 14.19 16.33 -- 12.40 14.19 22,080 13.51 12.40 -- 12.65 13.51 940 9.53 12.65 986 8.19 9.53 1,147 8.55 8.19 1,242 7.55 8.55 1,250 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares $13.82 $17.44 31,614 15.59 13.82 41,924 14.08 15.59 34,573 13.05 14.08 33,377 14.15 13.05 -- 13.37 14.15 -- 10.57 13.37 -- 9.49 10.57 -- 9.70 9.49 -- 9.05 9.70 -- --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 -----------------------------------------------------------------------------------

B-33

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Equity and Income Fund -- Series II shares $13.67 $16.06 -- 2019 15.48 13.67 -- 2018 14.28 15.48 -- 2017 12.71 14.28 -- 2016 13.33 12.71 -- 2015 12.53 13.33 -- 2014 10.25 12.53 -- 2013 9.32 10.25 -- 2012 9.65 9.32 -- 2011 8.81 9.65 4,583 2010 ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. International Growth Fund -- Series II shares $10.33 $12.96 13,098 2019 12.45 10.33 17,658 2018 10.37 12.45 17,365 2017 10.67 10.37 10,209 2016 11.20 10.67 24,957 2015 11.43 11.20 19,851 2014 9.84 11.43 20,314 2013 8.73 9.84 24,588 2012 9.59 8.73 17,366 2011 8.70 9.59 17,702 2010 ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Value Opportunities Fund -- Series II shares $ 9.52 $12.12 -- 2019 12.06 9.52 -- 2018 10.52 12.06 -- 2017 9.11 10.52 -- 2016 10.42 9.11 -- 2015 10.01 10.42 -- 2014 7.68 10.01 -- 2013 6.67 7.68 -- 2012 7.06 6.67 -- 2011 6.74 7.06 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. ----------------------------------------------------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II $11.12 $11.85 17,558 2019 11.69 11.12 20,859 2018 11.53 11.69 18,404 2017 11.28 11.53 18,255 2016 11.82 11.28 4,746 2015 11.70 11.82 29,356 2014 13.06 11.70 30,200 2013 12.43 13.06 28,848 2012 11.37 12.43 28,023 2011 11.05 11.37 34,135 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $15.18 $19.11 -- 2019 16.63 15.18 -- 2018 14.93 16.63 -- 2017 12.36 14.93 -- 2016 13.55 12.36 -- 2015 13.18 13.55 -- 2014 9.48 13.18 -- 2013 8.55 9.48 -- 2012 8.97 8.55 -- 2011 7.15 8.97 -- 2010 -----------------------------------------------------------------------------------------------------------------------------

B-34

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ------------------------------------------------------------------------------------------------------------------------ BlackRock Basic Value V.I. Fund -- Class III Shares $13.31 $16.09 7,923 2019 14.81 13.31 10,057 2018 14.01 14.81 10,866 2017 12.16 14.01 18,602 2016 13.24 12.16 -- 2015 12.35 13.24 -- 2014 9.17 12.35 -- 2013 8.23 9.17 -- 2012 8.65 8.23 -- 2011 7.86 8.65 -- 2010 ------------------------------------------------------------------------------------------------------------------------ BlackRock Global Allocation V.I. Fund -- Class III Shares $12.83 $14.78 63,932 2019 14.18 12.83 71,230 2018 12.75 14.18 76,863 2017 12.55 12.75 105,221 2016 12.96 12.55 220,008 2015 12.99 12.96 231,828 2014 11.60 12.99 243,247 2013 10.78 11.60 286,806 2012 11.44 10.78 320,145 2011 10.65 11.44 319,219 2010 ------------------------------------------------------------------------------------------------------------------------ BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $18.65 $24.15 -- 2019 18.55 18.65 -- 2018 14.67 18.55 -- 2017 13.94 14.67 -- 2016 13.89 13.94 -- 2015 12.46 13.89 -- 2014 9.53 12.46 -- 2013 8.49 9.53 -- 2012 8.47 8.49 -- 2011 7.52 8.47 -- 2010 ------------------------------------------------------------------------------------------------------------------------ Columbia Funds Variable Series Trust II ------------------------------------------------------------------------------------------------------------------------ CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $12.93 $16.67 7,630 2019 13.54 12.93 10,417 2018 10.40 13.54 19,790 2017 10.00 10.40 -- 2016 ------------------------------------------------------------------------------------------------------------------------ Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $ 9.79 $11.99 -- 2019 12.03 9.79 -- 2018 9.66 12.03 -- 2017 10.00 9.66 -- 2016 ------------------------------------------------------------------------------------------------------------------------ Eaton Vance Variable Trust ------------------------------------------------------------------------------------------------------------------------ VT Floating -- Rate Income Fund $11.53 $12.08 13,848 2019 11.79 11.53 19,848 2018 11.65 11.79 9,072 2017 10.93 11.65 9,015 2016 11.28 10.93 9,800 2015 11.46 11.28 25,513 2014 11.28 11.46 25,618 2013 10.74 11.28 20,919 2012 10.71 10.74 735 2011 10.03 10.71 786 2010 ------------------------------------------------------------------------------------------------------------------------

B-35

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------- Federated Insurance Series ----------------------------------------------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares $15.45 $17.25 -- 2019 16.35 15.45 -- 2018 15.68 16.35 -- 2017 13.99 15.68 -- 2016 14.70 13.99 -- 2015 14.67 14.70 -- 2014 14.04 14.67 -- 2013 12.56 14.04 -- 2012 12.23 12.56 -- 2011 10.93 12.23 -- 2010 ----------------------------------------------------------------------------------------------------------------------- Federated Kaufmann Fund II -- Service Shares $18.50 $24.17 -- 2019 18.25 18.50 -- 2018 14.58 18.25 -- 2017 14.40 14.58 -- 2016 13.87 14.40 -- 2015 12.95 13.87 -- 2014 9.47 12.95 -- 2013 8.28 9.47 -- 2012 9.78 8.28 25,233 2011 8.48 9.78 24,111 2010 ----------------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund ----------------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $15.47 $18.79 48,392 2019 16.55 15.47 51,517 2018 14.56 16.55 59,189 2017 13.91 14.56 72,305 2016 14.16 13.91 76,912 2015 13.16 14.16 74,206 2014 11.27 13.16 80,763 2013 10.03 11.27 91,296 2012 10.66 10.03 86,884 2011 9.25 10.66 89,615 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Contrafund(R) Portfolio -- Service Class 2 $16.57 $21.28 5,971 2019 18.14 16.57 8,145 2018 15.24 18.14 14,801 2017 14.46 15.24 10,293 2016 14.72 14.46 44,225 2015 13.47 14.72 57,436 2014 10.51 13.47 70,627 2013 9.25 10.51 94,897 2012 9.72 9.25 1,100 2011 8.50 9.72 1,100 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $17.08 $21.70 -- 2019 18.41 17.08 -- 2018 15.23 18.41 -- 2017 15.16 15.23 -- 2016 15.34 15.16 -- 2015 14.17 15.34 -- 2014 10.47 14.17 -- 2013 8.75 10.47 -- 2012 9.20 8.75 -- 2011 7.97 9.20 -- 2010 -----------------------------------------------------------------------------------------------------------------------

B-36

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------- VIP Equity-Income Portfolio -- Service Class 2 $12.66 $15.74 8,070 2019 14.14 12.66 10,643 2018 12.83 14.14 11,400 2017 11.14 12.83 -- 2016 11.89 11.14 24,038 2015 11.20 11.89 29,998 2014 8.95 11.20 39,498 2013 7.82 8.95 51,785 2012 7.94 7.82 1,041 2011 7.06 7.94 1,083 2010 ---------------------------------------------------------------------------------------------------------------- VIP Growth & Income Portfolio -- Service Class 2 $15.25 $19.35 -- 2019 17.16 15.25 -- 2018 15.04 17.16 -- 2017 13.27 15.04 -- 2016 13.92 13.27 -- 2015 12.90 13.92 -- 2014 9.90 12.90 -- 2013 8.55 9.90 -- 2012 8.62 8.55 -- 2011 7.69 8.62 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Growth Opportunities Portfolio -- Service Class 2 $22.86 $31.43 -- 2019 20.83 22.86 -- 2018 15.86 20.83 -- 2017 16.20 15.86 -- 2016 15.72 16.20 16,473 2015 14.35 15.72 8,848 2014 10.66 14.35 10,067 2013 10.00 10.66 14,253 2012 ---------------------------------------------------------------------------------------------------------------- VIP Growth Portfolio -- Service Class 2 $20.05 $26.28 -- 2019 20.58 20.05 -- 2018 15.60 20.58 -- 2017 15.85 15.60 -- 2016 15.15 15.85 -- 2015 13.95 15.15 -- 2014 10.48 13.95 -- 2013 9.36 10.48 -- 2012 9.57 9.36 -- 2011 7.90 9.57 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Investment Grade Bond Portfolio -- Service Class 2 $11.87 $12.71 32,688 2019 12.23 11.87 39,323 2018 12.02 12.23 61,311 2017 11.75 12.02 61,267 2016 12.12 11.75 54,639 2015 11.72 12.12 41,047 2014 12.23 11.72 49,095 2013 11.84 12.23 56,314 2012 11.30 11.84 666 2011 10.74 11.30 750 2010 ---------------------------------------------------------------------------------------------------------------- VIP Mid Cap Portfolio -- Service Class 2 $15.95 $19.22 11,014 2019 19.13 15.95 13,878 2018 16.22 19.13 14,110 2017 14.81 16.22 16,087 2016 15.38 14.81 14,299 2015 14.83 15.38 32,026 2014 11.15 14.83 29,653 2013 9.95 11.15 41,443 2012 11.40 9.95 407 2011 9.07 11.40 369 2010 ----------------------------------------------------------------------------------------------------------------

B-37

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- VIP Value Strategies Portfolio -- Service Class 2 $13.08 $17.16 -- 2019 16.20 13.08 -- 2018 13.90 16.20 -- 2017 13.00 13.90 -- 2016 13.72 13.00 -- 2015 13.17 13.72 -- 2014 10.34 13.17 -- 2013 8.31 10.34 -- 2012 9.34 8.31 -- 2011 7.56 9.34 -- 2010 ----------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust ----------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $11.14 $13.06 10,485 2019 12.60 11.14 12,668 2018 11.50 12.60 13,417 2017 10.38 11.50 14,056 2016 11.31 10.38 15,402 2015 11.24 11.31 15,622 2014 9.28 11.24 16,145 2013 8.22 9.28 17,714 2012 8.54 8.22 18,997 2011 7.91 8.54 22,554 2010 ----------------------------------------------------------------------------------------------------------- Franklin Income VIP Fund -- Class 2 Shares $13.17 $14.95 118,736 2019 14.06 13.17 131,302 2018 13.10 14.06 150,861 2017 11.74 13.10 172,036 2016 12.91 11.74 225,812 2015 12.61 12.91 288,097 2014 11.31 12.61 318,263 2013 10.26 11.31 455,936 2012 10.24 10.26 534,402 2011 9.29 10.24 605,514 2010 ----------------------------------------------------------------------------------------------------------- Franklin Mutual Shares VIP Fund -- Class 2 Shares $11.87 $14.23 -- 2019 13.34 11.87 -- 2018 12.58 13.34 -- 2017 11.08 12.58 -- 2016 11.91 11.08 -- 2015 11.36 11.91 -- 2014 9.05 11.36 -- 2013 8.10 9.05 -- 2012 8.36 8.10 26,076 2011 7.69 8.36 27,985 2010 ----------------------------------------------------------------------------------------------------------- Templeton Growth VIP Fund -- Class 2 Shares $ 9.51 $10.71 -- 2019 11.41 9.51 -- 2018 9.84 11.41 -- 2017 9.17 9.84 -- 2016 10.02 9.17 -- 2015 10.54 10.02 -- 2014 8.24 10.54 -- 2013 6.95 8.24 -- 2012 7.64 6.95 -- 2011 7.27 7.64 -- 2010 -----------------------------------------------------------------------------------------------------------

B-38

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $ 8.88 $ 8.85 -- 2019 8.94 8.88 -- 2018 9.09 8.94 2,024 2017 9.29 9.09 12,871 2016 9.49 9.29 -- 2015 9.70 9.49 6,714 2014 9.91 9.70 495 2013 10.00 9.91 28,663 2012 ---------------------------------------------------------------------------------------------------------------------- Janus Aspen Series ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $17.85 $21.36 24,674 2019 18.17 17.85 26,550 2018 15.72 18.17 34,109 2017 15.39 15.72 44,366 2016 15.67 15.39 46,979 2015 14.79 15.67 46,070 2014 12.62 14.79 51,068 2013 11.38 12.62 43,145 2012 11.47 11.38 49,219 2011 10.84 11.47 39,827 2010 ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Forty Portfolio -- Service Shares $22.29 $29.85 -- 2019 22.40 22.29 -- 2018 17.61 22.40 -- 2017 17.65 17.61 8,893 2016 16.12 17.65 9,068 2015 15.19 16.12 13,733 2014 11.86 15.19 15,113 2013 9.78 11.86 20,182 2012 10.74 9.78 15,271 2011 10.31 10.74 15,494 2010 ---------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $17.19 $20.98 -- 2019 19.22 17.19 -- 2018 16.93 19.22 -- 2017 17.14 16.93 -- 2016 17.86 17.14 -- 2015 15.20 17.86 -- 2014 10.54 15.20 -- 2013 9.10 10.54 -- 2012 9.10 9.10 -- 2011 7.46 9.10 -- 2010 ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Dividend Strategy Portfolio -- Class II $15.23 $19.59 48 2019 16.39 15.23 66 2018 14.07 16.39 4,718 2017 12.53 14.07 4,784 2016 13.40 12.53 8,530 2015 12.07 13.40 16,087 2014 9.81 12.07 14,963 2013 8.79 9.81 16,430 2012 8.34 8.79 17,013 2011 7.60 8.34 17,997 2010 ----------------------------------------------------------------------------------------------------------------------

B-39

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Large Cap Value Portfolio -- Class I $10.44 $13.17 -- 2019 11.71 10.44 -- 2018 10.42 11.71 -- 2017 9.43 10.42 -- 2016 9.92 9.43 -- 2015 10.00 9.92 -- 2014 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $16.77 $21.54 -- 2019 18.18 16.77 -- 2018 15.10 18.18 -- 2017 14.25 15.10 -- 2016 14.57 14.25 -- 2015 13.45 14.57 -- 2014 10.43 13.45 -- 2013 8.97 10.43 -- 2012 9.40 8.97 -- 2011 8.66 9.40 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Total Return Series -- Service Class Shares $13.24 $15.56 31,223 2019 14.38 13.24 34,203 2018 13.12 14.38 36,651 2017 12.32 13.12 39,241 2016 12.66 12.32 43,739 2015 11.95 12.66 46,972 2014 10.29 11.95 53,411 2013 9.48 10.29 58,471 2012 9.54 9.48 67,111 2011 8.89 9.54 75,670 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Utilities Series -- Service Class Shares $16.34 $19.95 -- 2019 16.56 16.34 -- 2018 14.78 16.56 -- 2017 13.58 14.78 -- 2016 16.28 13.58 -- 2015 14.80 16.28 -- 2014 12.58 14.80 -- 2013 11.36 12.58 -- 2012 10.90 11.36 -- 2011 9.81 10.90 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $12.36 $16.88 -- 2019 12.56 12.36 -- 2018 10.02 12.56 -- 2017 9.67 10.02 -- 2016 10.00 9.67 -- 2015 -------------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $12.40 $13.56 -- 2019 13.40 12.40 -- 2018 12.08 13.40 -- 2017 10.93 12.08 -- 2016 12.31 10.93 -- 2015 12.52 12.31 -- 2014 12.78 12.52 -- 2013 11.38 12.78 -- 2012 11.41 11.38 -- 2011 10.32 11.41 -- 2010 --------------------------------------------------------------------------------------------------------------------------------

B-40

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------------- High Yield Portfolio -- Administrative Class Shares $14.55 $16.34 10,257 2019 15.28 14.55 9,457 2018 14.65 15.28 6,997 2017 13.31 14.65 7,202 2016 13.83 13.31 20,147 2015 13.68 13.83 15,133 2014 13.22 13.68 10,399 2013 11.82 13.22 11,475 2012 11.69 11.82 17,818 2011 10.44 11.69 20,001 2010 ---------------------------------------------------------------------------------------------------------------------------- Long-Term U.S. Government Portfolio -- Administrative Class Shares $15.91 $17.64 9,261 2019 16.66 15.91 8,923 2018 15.62 16.66 6,460 2017 15.86 15.62 6,759 2016 16.43 15.86 -- 2015 13.54 16.43 589 2014 15.90 13.54 702 2013 15.56 15.90 550 2012 12.44 15.56 507 2011 11.39 12.44 696 2010 ---------------------------------------------------------------------------------------------------------------------------- Low Duration Portfolio -- Administrative Class Shares $10.95 $11.14 11,192 2019 11.15 10.95 12,734 2018 11.25 11.15 9,589 2017 11.33 11.25 9,340 2016 11.55 11.33 23,660 2015 11.70 11.55 83,216 2014 11.97 11.70 77,603 2013 11.56 11.97 80,229 2012 11.68 11.56 76,525 2011 11.34 11.68 84,083 2010 ---------------------------------------------------------------------------------------------------------------------------- Total Return Portfolio -- Administrative Class Shares $13.47 $14.28 29,053 2019 13.84 13.47 38,127 2018 13.48 13.84 54,234 2017 13.42 13.48 54,680 2016 13.65 13.42 59,841 2015 13.38 13.65 41,525 2014 13.95 13.38 48,322 2013 13.01 13.95 49,479 2012 12.83 13.01 54,479 2011 12.13 12.83 61,287 2010 ---------------------------------------------------------------------------------------------------------------------------- Rydex Variable Trust ---------------------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $25.95 $34.75 -- 2019 27.01 25.95 -- 2018 21.05 27.01 -- 2017 20.30 21.05 -- 2016 19.16 20.30 -- 2015 16.67 19.16 -- 2014 12.66 16.67 -- 2013 11.08 12.66 -- 2012 11.08 11.08 -- 2011 9.56 11.08 -- 2010 ----------------------------------------------------------------------------------------------------------------------------

B-41

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. -------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $10.88 $11.56 -- 2019 11.28 10.88 -- 2018 11.16 11.28 -- 2017 11.08 11.16 -- 2016 11.37 11.08 -- 2015 11.05 11.37 -- 2014 11.45 11.05 -- 2013 11.07 11.45 -- 2012 10.55 11.07 -- 2011 10.03 10.55 -- 2010 -------------------------------------------------------------------------------------------------------------- Premier Growth Equity V.I.S. Fund -- Class 1 Shares $19.55 $26.27 -- 2019 20.53 19.55 -- 2018 16.35 20.53 -- 2017 16.30 16.35 -- 2016 16.13 16.30 -- 2015 14.45 16.13 -- 2014 10.95 14.45 -- 2013 9.26 10.95 -- 2012 9.42 9.26 -- 2011 8.62 9.42 -- 2010 -------------------------------------------------------------------------------------------------------------- Real Estate Securities V.I.S. Fund -- Class 1 Shares $14.45 $17.84 4,704 2019 15.67 14.45 6,146 2018 15.13 15.67 6,860 2017 14.31 15.13 7,071 2016 13.99 14.31 7,608 2015 10.84 13.99 9,935 2014 10.80 10.84 19,662 2013 9.45 10.80 7,102 2012 8.79 9.45 7,538 2011 6.97 8.79 8,991 2010 -------------------------------------------------------------------------------------------------------------- S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $16.84 $21.59 -- 2019 18.06 16.84 -- 2018 15.19 18.06 -- 2017 13.91 15.19 -- 2016 14.06 13.91 -- 2015 12.69 14.06 535 2014 9.82 12.69 588 2013 8.68 9.82 665 2012 8.72 8.68 703 2011 7.76 8.72 734 2010 -------------------------------------------------------------------------------------------------------------- Small-Cap Equity V.I.S. Fund -- Class 1 Shares $16.69 $20.60 -- 2019 18.89 16.69 -- 2018 17.13 18.89 -- 2017 14.14 17.13 -- 2016 15.08 14.14 -- 2015 14.85 15.08 -- 2014 11.09 14.85 -- 2013 9.89 11.09 -- 2012 9.80 9.89 -- 2011 7.86 9.80 -- 2010 --------------------------------------------------------------------------------------------------------------

B-42

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- Total Return V.I.S. Fund -- Class 3 Shares $11.81 $13.35 307,997 2019 12.92 11.81 345,486 2018 11.46 12.92 369,400 2017 11.04 11.46 470,271 2016 11.43 11.04 507,452 2015 11.12 11.43 564,488 2014 9.91 11.12 625,435 2013 9.03 9.91 807,462 2012 9.52 9.03 925,945 2011 8.89 9.52 1,033,615 2010 ----------------------------------------------------------------------------------------------------------- U.S. Equity V.I.S. Fund -- Class 1 Shares $16.15 $20.82 -- 2019 17.08 16.15 -- 2018 14.56 17.08 -- 2017 13.61 14.56 -- 2016 14.24 13.61 -- 2015 12.90 14.24 -- 2014 9.85 12.90 -- 2013 8.69 9.85 -- 2012 9.15 8.69 -- 2011 8.48 9.15 -- 2010 ----------------------------------------------------------------------------------------------------------- The Prudential Series Fund ----------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $16.49 $20.71 -- 2019 17.87 16.49 -- 2018 14.08 17.87 -- 2017 14.21 14.08 -- 2016 13.72 14.21 -- 2015 13.14 13.72 727 2014 10.38 13.14 752 2013 9.59 10.38 841 2012 10.27 9.59 840 2011 9.77 10.27 829 2010 ----------------------------------------------------------------------------------------------------------- Jennison Portfolio -- Class II Shares $21.69 $28.19 -- 2019 22.44 21.69 -- 2018 16.84 22.44 -- 2017 17.44 16.84 -- 2016 16.05 17.44 -- 2015 14.97 16.05 -- 2014 11.16 14.97 -- 2013 9.85 11.16 -- 2012 10.08 9.85 -- 2011 9.24 10.08 -- 2010 ----------------------------------------------------------------------------------------------------------- Natural Resources Portfolio -- Class II Shares $ 5.91 $ 6.38 26,878 2019 7.41 5.91 30,405 2018 7.61 7.41 22,433 2017 6.23 7.61 13,514 2016 8.95 6.23 8,378 2015 11.41 8.95 8,073 2014 10.62 11.41 6,526 2013 11.18 10.62 7,406 2012 14.17 11.18 184 2011 11.36 14.17 153 2010 -----------------------------------------------------------------------------------------------------------

B-43

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust ----------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $23.99 $32.17 -- 2019 24.45 23.99 -- 2018 18.56 24.45 -- 2017 18.87 18.56 -- 2016 19.03 18.87 -- 2015 18.73 19.03 -- 2014 13.68 18.73 -- 2013 11.61 13.68 -- 2012 12.57 11.61 -- 2011 10.00 12.57 -- 2010 -----------------------------------------------------------------------------------------------------

B-44 Lifetime Income Plus (for Single Annuitant contracts) Elected - reset on or after 07/15/19

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. -------------------------------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $10.00 $10.37 -- AB Global Thematic Growth Portfolio -- Class B $10.00 $10.56 -- AB Growth and Income Portfolio -- Class B $10.00 $10.62 -- AB International Value Portfolio -- Class B $10.00 $10.60 -- AB Large Cap Growth Portfolio -- Class B $10.00 $10.83 -- AB Small Cap Growth Portfolio -- Class B $10.00 $10.26 -- -------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares $10.00 $10.87 -- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $10.00 $10.31 -- Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $10.00 $10.38 -- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $10.00 $10.62 -- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $10.00 $10.59 -- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $10.00 $10.79 -- Invesco V.I. American Franchise Fund -- Series I shares $10.00 $10.89 -- Invesco V.I. American Franchise Fund -- Series II shares $10.00 $10.88 -- Invesco V.I. Comstock Fund -- Series II shares $10.00 $10.70 -- Invesco V.I. Core Equity Fund -- Series I shares $10.00 $10.68 -- Invesco V.I. Equity and Income Fund -- Series II shares $10.00 $10.42 -- Invesco V.I. International Growth Fund -- Series II shares $10.00 $10.55 -- Invesco V.I. Value Opportunities Fund -- Series II shares $10.00 $10.68 -- -------------------------------------------------------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. -------------------------------------------------------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II $10.00 $10.07 -- -------------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. -------------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $10.00 $10.59 -- BlackRock Basic Value V.I. Fund -- Class III Shares $10.00 $10.58 -- BlackRock Global Allocation V.I. Fund -- Class III Shares $10.00 $10.48 -- BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $10.00 $10.27 -- -------------------------------------------------------------------------------------------------------------------------------- Columbia Funds Variable Series Trust II -------------------------------------------------------------------------------------------------------------------------------- CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $10.00 $10.53 -- Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $10.00 $10.76 -- -------------------------------------------------------------------------------------------------------------------------------- Eaton Vance Variable Trust -------------------------------------------------------------------------------------------------------------------------------- VT Floating -- Rate Income Fund $10.00 $10.08 -- -------------------------------------------------------------------------------------------------------------------------------- Federated Insurance Series -------------------------------------------------------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares $10.00 $10.23 -- Federated Kaufmann Fund II -- Service Shares $10.00 $10.32 -- -------------------------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund -------------------------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $10.00 $10.62 -- VIP Contrafund(R) Portfolio -- Service Class 2 $10.00 $10.61 -- VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $10.00 $10.64 -- VIP Equity-Income Portfolio -- Service Class 2 $10.00 $10.72 -- VIP Growth & Income Portfolio -- Service Class 2 $10.00 $10.96 -- VIP Growth Opportunities Portfolio -- Service Class 2 $10.00 $10.87 -- VIP Growth Portfolio -- Service Class 2 $10.00 $10.76 -- VIP Investment Grade Bond Portfolio -- Service Class 2 $10.00 $10.13 -- VIP Mid Cap Portfolio -- Service Class 2 $10.00 $10.35 -- VIP Value Strategies Portfolio -- Service Class 2 $10.00 $10.80 -- --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ----------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B 2019 AB Global Thematic Growth Portfolio -- Class B 2019 AB Growth and Income Portfolio -- Class B 2019 AB International Value Portfolio -- Class B 2019 AB Large Cap Growth Portfolio -- Class B 2019 AB Small Cap Growth Portfolio -- Class B 2019 ----------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Global Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 Invesco V.I. American Franchise Fund -- Series I shares 2019 Invesco V.I. American Franchise Fund -- Series II shares 2019 Invesco V.I. Comstock Fund -- Series II shares 2019 Invesco V.I. Core Equity Fund -- Series I shares 2019 Invesco V.I. Equity and Income Fund -- Series II shares 2019 Invesco V.I. International Growth Fund -- Series II shares 2019 Invesco V.I. Value Opportunities Fund -- Series II shares 2019 ----------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. ----------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II 2019 ----------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares 2019 BlackRock Basic Value V.I. Fund -- Class III Shares 2019 BlackRock Global Allocation V.I. Fund -- Class III Shares 2019 BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares 2019 ----------------------------------------------------------------------------------- Columbia Funds Variable Series Trust II ----------------------------------------------------------------------------------- CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 2019 Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 2019 ----------------------------------------------------------------------------------- Eaton Vance Variable Trust ----------------------------------------------------------------------------------- VT Floating -- Rate Income Fund 2019 ----------------------------------------------------------------------------------- Federated Insurance Series ----------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares 2019 Federated Kaufmann Fund II -- Service Shares 2019 ----------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund ----------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 2019 VIP Contrafund(R) Portfolio -- Service Class 2 2019 VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 2019 VIP Equity-Income Portfolio -- Service Class 2 2019 VIP Growth & Income Portfolio -- Service Class 2 2019 VIP Growth Opportunities Portfolio -- Service Class 2 2019 VIP Growth Portfolio -- Service Class 2 2019 VIP Investment Grade Bond Portfolio -- Service Class 2 2019 VIP Mid Cap Portfolio -- Service Class 2 2019 VIP Value Strategies Portfolio -- Service Class 2 2019 -----------------------------------------------------------------------------------

B-45

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust -------------------------------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $10.00 $10.43 -- 2019 Franklin Income VIP Fund -- Class 2 Shares $10.00 $10.29 -- 2019 Franklin Mutual Shares VIP Fund -- Class 2 Shares $10.00 $10.57 -- 2019 Templeton Growth VIP Fund -- Class 2 Shares $10.00 $10.62 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $10.00 $ 9.94 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Janus Aspen Series -------------------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $10.00 $10.62 -- 2019 Janus Henderson Forty Portfolio -- Service Shares $10.00 $10.80 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust -------------------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $10.00 $10.97 -- 2019 ClearBridge Variable Dividend Strategy Portfolio -- Class II $10.00 $10.68 -- 2019 ClearBridge Variable Large Cap Value Portfolio -- Class I $10.00 $10.62 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $10.00 $10.60 -- 2019 MFS(R) Total Return Series -- Service Class Shares $10.00 $10.46 -- 2019 MFS(R) Utilities Series -- Service Class Shares $10.00 $10.51 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $10.00 $10.95 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $10.00 $10.19 -- 2019 High Yield Portfolio -- Administrative Class Shares $10.00 $10.24 -- 2019 Long-Term U.S. Government Portfolio -- Administrative Class Shares $10.00 $10.15 -- 2019 Low Duration Portfolio -- Administrative Class Shares $10.00 $10.00 -- 2019 Total Return Portfolio -- Administrative Class Shares $10.00 $10.09 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Rydex Variable Trust -------------------------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $10.00 $11.01 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. -------------------------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $10.00 $10.09 -- 2019 Premier Growth Equity V.I.S. Fund -- Class 1 Shares $10.00 $11.05 -- 2019 Real Estate Securities V.I.S. Fund -- Class 1 Shares $10.00 $10.24 -- 2019 S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $10.00 $10.79 -- 2019 Small-Cap Equity V.I.S. Fund -- Class 1 Shares $10.00 $10.61 -- 2019 Total Return V.I.S. Fund -- Class 3 Shares $10.00 $10.24 -- 2019 U.S. Equity V.I.S. Fund -- Class 1 Shares $10.00 $10.77 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- The Prudential Series Fund -------------------------------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $10.00 $10.68 -- 2019 Jennison Portfolio -- Class II Shares $10.00 $10.70 -- 2019 Natural Resources Portfolio -- Class II Shares $10.00 $ 9.71 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust -------------------------------------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $10.00 $10.43 -- 2019 --------------------------------------------------------------------------------------------------------------------------------

B-46 Lifetime Income Plus 2007 (for Joint Annuitant contracts) Elected

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ---------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $11.68 $13.47 1,114 2019 12.78 11.68 1,304 2018 11.33 12.78 1,492 2017 11.11 11.33 1,728 2016 11.24 11.11 1,874 2015 10.75 11.24 2,159 2014 9.47 10.75 2,410 2013 8.56 9.47 2,600 2012 9.05 8.56 2,841 2011 8.41 9.05 3,069 2010 ---------------------------------------------------------------------------------------------------------- AB Global Thematic Growth Portfolio -- Class B $11.67 $14.78 -- 2019 13.28 11.67 -- 2018 9.98 13.28 -- 2017 10.32 9.98 -- 2016 10.30 10.32 -- 2015 10.07 10.30 -- 2014 8.39 10.07 -- 2013 7.59 8.39 -- 2012 10.16 7.59 -- 2011 8.78 10.16 -- 2010 ---------------------------------------------------------------------------------------------------------- AB Growth and Income Portfolio -- Class B $14.02 $16.91 -- 2019 15.26 14.02 -- 2018 13.18 15.26 -- 2017 12.16 13.18 -- 2016 12.28 12.16 -- 2015 11.51 12.28 -- 2014 8.76 11.51 -- 2013 7.66 8.76 -- 2012 7.40 7.66 -- 2011 6.72 7.40 -- 2010 ---------------------------------------------------------------------------------------------------------- AB International Value Portfolio -- Class B $ 5.09 $ 5.81 3,763 2019 6.78 5.09 5,010 2018 5.55 6.78 4,485 2017 5.73 5.55 14,377 2016 5.74 5.73 10,859 2015 6.28 5.74 14,615 2014 5.25 6.28 11,623 2013 4.71 5.25 20,159 2012 5.99 4.71 16,787 2011 5.88 5.99 22,108 2010 ---------------------------------------------------------------------------------------------------------- AB Large Cap Growth Portfolio -- Class B $20.03 $26.27 -- 2019 20.06 20.03 -- 2018 15.61 20.06 -- 2017 15.62 15.61 -- 2016 14.44 15.62 -- 2015 13.00 14.44 -- 2014 9.72 13.00 -- 2013 8.53 9.72 -- 2012 9.08 8.53 -- 2011 8.47 9.08 -- 2010 ----------------------------------------------------------------------------------------------------------

B-47

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year --------------------------------------------------------------------------------------------------------------------------------- AB Small Cap Growth Portfolio -- Class B $19.89 $26.40 -- 2019 20.61 19.89 -- 2018 15.78 20.61 -- 2017 15.22 15.78 -- 2016 15.84 15.22 -- 2015 16.58 15.84 2,311 2014 11.68 16.58 -- 2013 10.44 11.68 -- 2012 10.26 10.44 -- 2011 7.70 10.26 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares $13.89 $18.42 -- 2019 15.14 13.89 -- 2018 12.26 15.14 -- 2017 12.87 12.26 -- 2016 12.77 12.87 -- 2015 11.37 12.77 -- 2014 9.00 11.37 -- 2013 8.10 9.00 -- 2012 8.42 8.10 -- 2011 7.90 8.42 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $ 8.55 $ 9.78 2,029 2019 9.27 8.55 2,388 2018 8.72 9.27 2,735 2017 8.51 8.72 2,998 2016 8.67 8.51 7,509 2015 8.23 8.67 12,095 2014 7.47 8.23 12,518 2013 6.83 7.47 12,095 2012 6.97 6.83 19,129 2011 6.34 6.97 20,088 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $14.31 $19.42 -- 2019 15.66 14.31 -- 2018 12.49 15.66 -- 2017 12.53 12.49 -- 2016 12.07 12.53 -- 2015 11.72 12.07 -- 2014 8.86 11.72 -- 2013 7.81 8.86 -- 2012 7.94 7.81 -- 2011 6.39 7.94 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $12.70 $16.29 891 2019 15.03 12.70 1,352 2018 11.29 15.03 2,683 2017 11.59 11.29 3,324 2016 11.45 11.59 4,251 2015 11.50 11.45 7,053 2014 9.28 11.50 6,068 2013 7.86 9.28 6,925 2012 8.80 7.86 7,566 2011 7.79 8.80 11,210 2010 ---------------------------------------------------------------------------------------------------------------------------------

B-48

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $14.09 $18.12 5,233 15.71 14.09 7,869 13.80 15.71 6,382 12.70 13.80 9,474 12.62 12.70 7,468 11.72 12.62 11,493 9.13 11.72 13,507 8.03 9.13 15,991 8.25 8.03 29,705 7.30 8.25 48,022 -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $14.63 $18.01 810 16.75 14.63 1,162 15.07 16.75 1,799 13.12 15.07 3,052 14.31 13.12 4,383 13.14 14.31 6,403 9.57 13.14 10,615 8.33 9.57 13,572 8.75 8.33 14,318 7.28 8.75 22,576 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares $16.60 $22.16 -- 17.65 16.60 -- 14.20 17.65 -- 14.23 14.20 -- 13.88 14.23 -- 13.12 13.88 -- 9.59 13.12 -- 10.00 9.59 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares $12.98 $15.83 -- 15.18 12.98 -- 13.23 15.18 -- 11.58 13.23 4,421 12.65 11.58 -- 11.88 12.65 -- 8.97 11.88 -- 7.73 8.97 -- 8.09 7.73 -- 7.17 8.09 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares $12.62 $15.89 5,967 14.28 12.62 8,775 12.92 14.28 7,064 12.01 12.92 6,798 13.06 12.01 -- 12.37 13.06 -- 9.81 12.37 -- 8.82 9.81 -- 9.05 8.82 -- 8.46 9.05 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Equity and Income Fund -- Series II shares $13.27 $15.55 1,769 15.07 13.27 1,797 13.93 15.07 1,732 12.43 13.93 1,697 13.07 12.43 3,962 12.32 13.07 3,922 10.10 12.32 3,925 9.21 10.10 3,729 9.56 9.21 4,142 8.75 9.56 4,070 --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 ----------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Equity and Income Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 -----------------------------------------------------------------------------------

B-49

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. International Growth Fund -- Series II shares $ 9.17 $11.48 2,535 2019 11.09 9.17 3,741 2018 9.26 11.09 3,658 2017 9.55 9.26 2,739 2016 10.05 9.55 5,908 2015 10.28 10.05 6,013 2014 8.88 10.28 6,481 2013 7.89 8.88 6,904 2012 8.69 7.89 5,023 2011 7.91 8.69 7,620 2010 ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Value Opportunities Fund -- Series II shares $ 8.86 $11.25 -- 2019 11.25 8.86 -- 2018 9.84 11.25 -- 2017 8.55 9.84 -- 2016 9.80 8.55 -- 2015 9.44 9.80 -- 2014 7.26 9.44 -- 2013 6.32 7.26 -- 2012 6.70 6.32 -- 2011 6.42 6.70 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. ----------------------------------------------------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II $10.70 $11.37 3,188 2019 11.28 10.70 3,985 2018 11.15 11.28 3,578 2017 10.94 11.15 4,796 2016 11.49 10.94 2,236 2015 11.40 11.49 9,099 2014 12.76 11.40 9,848 2013 12.18 12.76 8,283 2012 11.16 12.18 8,013 2011 10.88 11.16 14,768 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $14.03 $17.62 -- 2019 15.40 14.03 -- 2018 13.86 15.40 -- 2017 11.51 13.86 -- 2016 12.65 11.51 -- 2015 12.34 12.65 -- 2014 8.90 12.34 -- 2013 8.05 8.90 -- 2012 8.46 8.05 -- 2011 6.76 8.46 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Basic Value V.I. Fund -- Class III Shares $12.28 $14.80 1,481 2019 13.69 12.28 2,082 2018 12.99 13.69 2,205 2017 11.30 12.99 3,739 2016 12.34 11.30 -- 2015 11.53 12.34 -- 2014 8.58 11.53 -- 2013 7.73 8.58 -- 2012 8.14 7.73 -- 2011 7.42 8.14 -- 2010 -----------------------------------------------------------------------------------------------------------------------------

B-50

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ------------------------------------------------------------------------------------------------------------------------ BlackRock Global Allocation V.I. Fund -- Class III Shares $11.91 $13.69 22,205 2019 13.21 11.91 23,230 2018 11.90 13.21 26,964 2017 11.75 11.90 34,172 2016 12.16 11.75 41,520 2015 12.22 12.16 47,077 2014 10.94 12.22 47,977 2013 10.20 10.94 47,394 2012 10.84 10.20 24,784 2011 10.12 10.84 24,784 2010 ------------------------------------------------------------------------------------------------------------------------ BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $17.29 $22.33 -- 2019 17.24 17.29 -- 2018 13.66 17.24 -- 2017 13.02 13.66 -- 2016 13.01 13.02 -- 2015 11.70 13.01 -- 2014 8.97 11.70 -- 2013 8.01 8.97 -- 2012 8.02 8.01 -- 2011 7.14 8.02 -- 2010 ------------------------------------------------------------------------------------------------------------------------ Columbia Funds Variable Series Trust II ------------------------------------------------------------------------------------------------------------------------ CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $12.84 $16.51 1,324 2019 13.48 12.84 1,997 2018 10.38 13.48 3,717 2017 10.00 10.38 -- 2016 ------------------------------------------------------------------------------------------------------------------------ Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $ 9.72 $11.88 -- 2019 11.98 9.72 -- 2018 9.65 11.98 -- 2017 10.00 9.65 576 2016 ------------------------------------------------------------------------------------------------------------------------ Eaton Vance Variable Trust ------------------------------------------------------------------------------------------------------------------------ VT Floating -- Rate Income Fund $11.00 $11.50 2,527 2019 11.28 11.00 3,845 2018 11.18 11.28 1,780 2017 10.51 11.18 1,762 2016 10.88 10.51 1,927 2015 11.08 10.88 6,573 2014 10.93 11.08 7,012 2013 10.44 10.93 5,015 2012 10.43 10.44 -- 2011 9.79 10.43 -- 2010 ------------------------------------------------------------------------------------------------------------------------ Federated Insurance Series ------------------------------------------------------------------------------------------------------------------------ Federated High Income Bond Fund II -- Service Shares $14.48 $16.12 -- 2019 15.36 14.48 -- 2018 14.77 15.36 -- 2017 13.21 14.77 -- 2016 13.91 13.21 -- 2015 13.92 13.91 -- 2014 13.36 13.92 -- 2013 11.98 13.36 -- 2012 11.70 11.98 -- 2011 10.48 11.70 -- 2010 ------------------------------------------------------------------------------------------------------------------------

B-51

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------- Federated Kaufmann Fund II -- Service Shares $16.90 $22.02 -- 2019 16.72 16.90 -- 2018 13.39 16.72 -- 2017 13.26 13.39 611 2016 12.80 13.26 644 2015 11.98 12.80 731 2014 8.79 11.98 793 2013 7.70 8.79 1,015 2012 9.12 7.70 7,730 2011 7.93 9.12 10,941 2010 ----------------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund ----------------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $14.26 $17.27 13,558 2019 15.29 14.26 14,923 2018 13.49 15.29 1,711 2017 12.92 13.49 6,819 2016 13.19 12.92 9,774 2015 12.28 13.19 12,674 2014 10.55 12.28 13,595 2013 9.42 10.55 14,094 2012 10.03 9.42 15,417 2011 8.73 10.03 15,295 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Contrafund(R) Portfolio -- Service Class 2 $15.47 $19.82 1,104 2019 16.98 15.47 1,671 2018 14.30 16.98 2,961 2017 13.60 14.30 4,340 2016 13.88 13.60 11,450 2015 12.74 13.88 18,312 2014 9.97 12.74 23,405 2013 8.79 9.97 27,520 2012 9.27 8.79 -- 2011 8.12 9.27 -- 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $15.78 $20.00 -- 2019 17.05 15.78 -- 2018 14.15 17.05 -- 2017 14.12 14.15 -- 2016 14.32 14.12 -- 2015 13.26 14.32 -- 2014 9.82 13.26 -- 2013 8.23 9.82 -- 2012 8.68 8.23 -- 2011 7.53 8.68 -- 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Equity-Income Portfolio -- Service Class 2 $11.64 $14.44 1,516 2019 13.04 11.64 2,206 2018 11.86 13.04 2,317 2017 10.32 11.86 692 2016 11.04 10.32 5,757 2015 10.43 11.04 9,031 2014 8.36 10.43 12,382 2013 7.32 8.36 14,200 2012 7.45 7.32 -- 2011 6.64 7.45 -- 2010 -----------------------------------------------------------------------------------------------------------------------

B-52

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------- VIP Growth & Income Portfolio -- Service Class 2 $14.18 $17.95 -- 2019 16.00 14.18 -- 2018 14.06 16.00 -- 2017 12.44 14.06 -- 2016 13.08 12.44 -- 2015 12.15 13.08 -- 2014 9.35 12.15 -- 2013 8.10 9.35 -- 2012 8.19 8.10 -- 2011 7.32 8.19 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Growth Opportunities Portfolio -- Service Class 2 $22.46 $30.80 -- 2019 20.51 22.46 -- 2018 15.66 20.51 -- 2017 16.04 15.66 698 2016 15.60 16.04 3,879 2015 14.28 15.60 2,522 2014 10.63 14.28 3,031 2013 10.00 10.63 3,731 2012 ---------------------------------------------------------------------------------------------------------------- VIP Growth Portfolio -- Service Class 2 $18.77 $24.55 -- 2019 19.32 18.77 -- 2018 14.68 19.32 -- 2017 14.96 14.68 -- 2016 14.34 14.96 -- 2015 13.23 14.34 -- 2014 9.97 13.23 -- 2013 8.93 9.97 -- 2012 9.15 8.93 -- 2011 7.57 9.15 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Investment Grade Bond Portfolio -- Service Class 2 $11.52 $12.30 5,891 2019 11.90 11.52 7,426 2018 11.72 11.90 11,821 2017 11.50 11.72 14,176 2016 11.88 11.50 13,060 2015 11.53 11.88 13,148 2014 12.06 11.53 16,152 2013 11.70 12.06 16,074 2012 11.20 11.70 -- 2011 10.67 11.20 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Mid Cap Portfolio -- Service Class 2 $14.59 $17.54 2,078 2019 17.55 14.59 2,910 2018 14.91 17.55 2,881 2017 13.65 14.91 3,818 2016 14.22 13.65 3,579 2015 13.74 14.22 9,599 2014 10.36 13.74 9,455 2013 9.27 10.36 11,578 2012 10.65 9.27 -- 2011 8.49 10.65 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Value Strategies Portfolio -- Service Class 2 $11.37 $14.88 -- 2019 14.13 11.37 -- 2018 12.15 14.13 -- 2017 11.39 12.15 -- 2016 12.06 11.39 -- 2015 11.60 12.06 -- 2014 9.13 11.60 -- 2013 7.36 9.13 -- 2012 8.29 7.36 -- 2011 6.72 8.29 -- 2010 ----------------------------------------------------------------------------------------------------------------

B-53

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust ---------------------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $10.82 $12.65 5,943 2019 12.27 10.82 6,736 2018 11.23 12.27 7,472 2017 10.16 11.23 14,302 2016 11.10 10.16 16,367 2015 11.06 11.10 17,299 2014 9.15 11.06 20,748 2013 8.13 9.15 23,093 2012 8.46 8.13 28,284 2011 7.86 8.46 29,762 2010 ---------------------------------------------------------------------------------------------------------------------- Franklin Income VIP Fund -- Class 2 Shares $12.12 $13.73 23,810 2019 12.98 12.12 59,736 2018 12.13 12.98 65,478 2017 10.90 12.13 150,373 2016 12.01 10.90 193,570 2015 11.76 12.01 211,593 2014 10.58 11.76 219,770 2013 9.62 10.58 222,309 2012 9.63 9.62 230,151 2011 8.76 9.63 159,093 2010 ---------------------------------------------------------------------------------------------------------------------- Franklin Mutual Shares VIP Fund -- Class 2 Shares $10.91 $13.05 -- 2019 12.30 10.91 -- 2018 11.63 12.30 -- 2017 10.26 11.63 708 2016 11.06 10.26 830 2015 10.58 11.06 833 2014 8.45 10.58 903 2013 7.58 8.45 1,049 2012 7.85 7.58 7,876 2011 7.23 7.85 12,593 2010 ---------------------------------------------------------------------------------------------------------------------- Templeton Growth VIP Fund -- Class 2 Shares $ 8.83 $ 9.93 -- 2019 10.63 8.83 -- 2018 9.19 10.63 -- 2017 8.59 9.19 -- 2016 9.41 8.59 -- 2015 9.92 9.41 -- 2014 7.77 9.92 -- 2013 6.58 7.77 -- 2012 7.24 6.58 -- 2011 6.91 7.24 -- 2010 ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $ 8.73 $ 8.68 52,563 2019 8.82 8.73 -- 2018 8.99 8.82 38,728 2017 9.21 8.99 3,243 2016 9.43 9.21 13,902 2015 9.66 9.43 12,640 2014 9.90 9.66 -- 2013 10.00 9.90 -- 2012 ----------------------------------------------------------------------------------------------------------------------

B-54

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Janus Aspen Series ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $16.66 $19.88 23,942 2019 17.00 16.66 26,108 2018 14.74 17.00 34,127 2017 14.48 14.74 41,952 2016 14.77 14.48 50,148 2015 13.98 14.77 54,882 2014 11.96 13.98 59,525 2013 10.81 11.96 61,102 2012 10.93 10.81 61,634 2011 10.35 10.93 66,643 2010 ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Forty Portfolio -- Service Shares $20.57 $27.48 -- 2019 20.72 20.57 -- 2018 16.33 20.72 -- 2017 16.41 16.33 2,122 2016 15.02 16.41 2,204 2015 14.19 15.02 4,031 2014 11.11 14.19 4,687 2013 9.19 11.11 5,510 2012 10.12 9.19 4,304 2011 9.74 10.12 6,512 2010 ---------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $16.36 $19.92 -- 2019 18.34 16.36 -- 2018 16.20 18.34 -- 2017 16.44 16.20 -- 2016 17.18 16.44 -- 2015 14.66 17.18 -- 2014 10.19 14.66 -- 2013 8.81 10.19 -- 2012 8.84 8.81 -- 2011 7.26 8.84 -- 2010 ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Large Cap Value Portfolio -- Class I $10.33 $13.00 -- 2019 11.62 10.33 -- 2018 10.37 11.62 -- 2017 9.40 10.37 -- 2016 9.91 9.40 -- 2015 10.00 9.91 -- 2014 ---------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $15.61 $20.00 -- 2019 16.97 15.61 -- 2018 14.13 16.97 -- 2017 13.36 14.13 -- 2016 13.70 13.36 -- 2015 12.68 13.70 -- 2014 9.86 12.68 -- 2013 8.50 9.86 -- 2012 8.93 8.50 -- 2011 8.25 8.93 -- 2010 ----------------------------------------------------------------------------------------------------------------------

B-55

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Total Return Series -- Service Class Shares $12.35 $14.48 1,432 2019 13.45 12.35 1,518 2018 12.30 13.45 1,565 2017 11.58 12.30 1,630 2016 11.94 11.58 3,839 2015 11.30 11.94 3,955 2014 9.75 11.30 4,043 2013 9.00 9.75 3,844 2012 9.08 9.00 4,280 2011 8.49 9.08 4,361 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Utilities Series -- Service Class Shares $14.04 $17.10 -- 2019 14.27 14.04 -- 2018 12.77 14.27 -- 2017 11.76 12.77 -- 2016 14.13 11.76 -- 2015 12.88 14.13 -- 2014 10.97 12.88 -- 2013 9.93 10.97 -- 2012 9.55 9.93 -- 2011 8.62 9.55 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $12.24 $16.68 -- 2019 12.47 12.24 -- 2018 9.98 12.47 -- 2017 9.66 9.98 -- 2016 10.00 9.66 -- 2015 -------------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $11.74 $12.80 -- 2019 12.72 11.74 -- 2018 11.50 12.72 -- 2017 10.43 11.50 -- 2016 11.77 10.43 -- 2015 12.01 11.77 -- 2014 12.29 12.01 -- 2013 10.97 12.29 -- 2012 11.02 10.97 -- 2011 9.99 11.02 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- High Yield Portfolio -- Administrative Class Shares $13.71 $15.35 1,894 2019 14.43 13.71 1,853 2018 13.87 14.43 1,392 2017 12.63 13.87 2,024 2016 13.16 12.63 4,725 2015 13.05 13.16 4,830 2014 12.64 13.05 3,708 2013 11.34 12.64 3,593 2012 11.24 11.34 5,213 2011 10.06 11.24 8,804 2010 --------------------------------------------------------------------------------------------------------------------------------

B-56

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------------- Long-Term U.S. Government Portfolio -- Administrative Class Shares $15.45 $17.09 1,677 2019 16.22 15.45 1,672 2018 15.25 16.22 1,241 2017 15.52 15.25 1,307 2016 16.12 15.52 -- 2015 13.32 16.12 -- 2014 15.68 13.32 -- 2013 15.38 15.68 -- 2012 12.33 15.38 -- 2011 11.32 12.33 -- 2010 ---------------------------------------------------------------------------------------------------------------------------- Low Duration Portfolio -- Administrative Class Shares $10.55 $10.71 2,033 2019 10.77 10.55 2,428 2018 10.89 10.77 1,864 2017 11.00 10.89 4,869 2016 11.23 11.00 7,723 2015 11.41 11.23 23,940 2014 11.71 11.41 23,680 2013 11.34 11.71 21,753 2012 11.49 11.34 20,717 2011 11.18 11.49 34,361 2010 ---------------------------------------------------------------------------------------------------------------------------- Total Return Portfolio -- Administrative Class Shares $13.00 $13.75 5,269 2019 13.39 13.00 7,244 2018 13.08 13.39 10,512 2017 13.05 13.08 12,724 2016 13.31 13.05 13,816 2015 13.08 13.31 13,074 2014 13.67 13.08 15,714 2013 12.78 13.67 14,200 2012 12.64 12.78 15,374 2011 11.98 12.64 26,094 2010 ---------------------------------------------------------------------------------------------------------------------------- Rydex Variable Trust ---------------------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $24.35 $32.52 -- 2019 25.41 24.35 -- 2018 19.85 25.41 -- 2017 19.19 19.85 -- 2016 18.17 19.19 -- 2015 15.85 18.17 -- 2014 12.06 15.85 -- 2013 10.58 12.06 -- 2012 10.61 10.58 -- 2011 9.18 10.61 -- 2010 ---------------------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. ---------------------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $10.45 $11.08 -- 2019 10.86 10.45 -- 2018 10.78 10.86 -- 2017 10.72 10.78 -- 2016 11.03 10.72 -- 2015 10.75 11.03 -- 2014 11.17 10.75 -- 2013 10.83 11.17 -- 2012 10.35 10.83 -- 2011 9.86 10.35 -- 2010 ----------------------------------------------------------------------------------------------------------------------------

B-57

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------- Premier Growth Equity V.I.S. Fund -- Class 1 Shares $18.49 $24.78 -- 2019 19.46 18.49 -- 2018 15.54 19.46 -- 2017 15.53 15.54 -- 2016 15.41 15.53 -- 2015 13.84 15.41 -- 2014 10.51 13.84 -- 2013 8.91 10.51 -- 2012 9.09 8.91 -- 2011 8.34 9.09 -- 2010 -------------------------------------------------------------------------------------------------------------- Real Estate Securities V.I.S. Fund -- Class 1 Shares $13.63 $16.78 879 2019 14.81 13.63 1,235 2018 14.33 14.81 1,357 2017 13.60 14.33 1,598 2016 13.32 13.60 1,732 2015 10.35 13.32 2,943 2014 10.34 10.35 5,983 2013 9.07 10.34 2,091 2012 8.46 9.07 2,234 2011 6.72 8.46 3,977 2010 -------------------------------------------------------------------------------------------------------------- S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $15.69 $20.07 -- 2019 16.88 15.69 -- 2018 14.23 16.88 -- 2017 13.06 14.23 -- 2016 13.24 13.06 -- 2015 11.98 13.24 -- 2014 9.30 11.98 -- 2013 8.23 9.30 -- 2012 8.29 8.23 -- 2011 7.40 8.29 -- 2010 -------------------------------------------------------------------------------------------------------------- Small-Cap Equity V.I.S. Fund -- Class 1 Shares $15.27 $18.79 -- 2019 17.33 15.27 -- 2018 15.75 17.33 -- 2017 13.04 15.75 -- 2016 13.93 13.04 -- 2015 13.76 13.93 -- 2014 10.30 13.76 -- 2013 9.21 10.30 -- 2012 9.15 9.21 -- 2011 7.35 9.15 -- 2010 -------------------------------------------------------------------------------------------------------------- Total Return V.I.S. Fund -- Class 3 Shares $10.98 $12.39 118,294 2019 12.05 10.98 124,488 2018 10.71 12.05 149,648 2017 10.34 10.71 157,555 2016 10.74 10.34 200,324 2015 10.47 10.74 231,732 2014 9.36 10.47 246,333 2013 8.54 9.36 252,879 2012 9.03 8.54 298,020 2011 8.46 9.03 307,202 2010 --------------------------------------------------------------------------------------------------------------

B-58

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- U.S. Equity V.I.S. Fund -- Class 1 Shares $15.08 $19.39 -- 2019 15.99 15.08 -- 2018 13.66 15.99 -- 2017 12.81 13.66 -- 2016 13.43 12.81 -- 2015 12.20 13.43 -- 2014 9.34 12.20 -- 2013 8.26 9.34 -- 2012 8.72 8.26 -- 2011 8.10 8.72 -- 2010 ----------------------------------------------------------------------------------------------------------- The Prudential Series Fund ----------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $15.36 $19.25 -- 2019 16.69 15.36 -- 2018 13.18 16.69 -- 2017 13.34 13.18 -- 2016 12.91 13.34 -- 2015 12.40 12.91 -- 2014 9.82 12.40 -- 2013 9.10 9.82 -- 2012 9.76 9.10 -- 2011 9.31 9.76 -- 2010 ----------------------------------------------------------------------------------------------------------- Jennison Portfolio -- Class II Shares $20.60 $26.71 -- 2019 21.36 20.60 -- 2018 16.08 21.36 -- 2017 16.69 16.08 -- 2016 15.40 16.69 -- 2015 14.40 15.40 -- 2014 10.76 14.40 -- 2013 9.53 10.76 -- 2012 9.77 9.53 -- 2011 8.98 9.77 -- 2010 ----------------------------------------------------------------------------------------------------------- Natural Resources Portfolio -- Class II Shares $ 5.17 $ 5.56 5,273 2019 6.49 5.17 6,616 2018 6.69 6.49 4,767 2017 5.49 6.69 2,894 2016 7.91 5.49 1,809 2015 10.10 7.91 2,366 2014 9.43 10.10 1,968 2013 9.95 9.43 1,967 2012 12.64 9.95 -- 2011 10.16 12.64 -- 2010 ----------------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust ----------------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $23.48 $31.40 -- 2019 23.99 23.48 -- 2018 18.26 23.99 -- 2017 18.61 18.26 -- 2016 18.82 18.61 -- 2015 18.56 18.82 -- 2014 13.60 18.56 -- 2013 11.57 13.60 -- 2012 12.55 11.57 -- 2011 10.00 12.55 -- 2010 -----------------------------------------------------------------------------------------------------------

B-59 Lifetime Income Plus 2007 (for Joint Annuitant contracts) Elected - reset on or after 07/15/19

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. -------------------------------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $10.00 $10.37 -- AB Global Thematic Growth Portfolio -- Class B $10.00 $10.56 -- AB Growth and Income Portfolio -- Class B $10.00 $10.62 -- AB International Value Portfolio -- Class B $10.00 $10.60 493 AB Large Cap Growth Portfolio -- Class B $10.00 $10.83 -- AB Small Cap Growth Portfolio -- Class B $10.00 $10.26 -- -------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares $10.00 $10.87 -- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $10.00 $10.31 -- Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $10.00 $10.38 -- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $10.00 $10.62 328 Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $10.00 $10.59 2,142 Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $10.00 $10.79 323 Invesco V.I. American Franchise Fund -- Series I shares $10.00 $10.89 -- Invesco V.I. Comstock Fund -- Series II shares $10.00 $10.70 -- Invesco V.I. Core Equity Fund -- Series I shares $10.00 $10.68 2,123 Invesco V.I. Equity and Income Fund -- Series II shares $10.00 $10.42 -- Invesco V.I. International Growth Fund -- Series II shares $10.00 $10.55 660 Invesco V.I. Value Opportunities Fund -- Series II shares $10.00 $10.68 -- -------------------------------------------------------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. -------------------------------------------------------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II $10.00 $10.07 850 -------------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. -------------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $10.00 $10.59 -- BlackRock Basic Value V.I. Fund -- Class III Shares $10.00 $10.58 497 BlackRock Global Allocation V.I. Fund -- Class III Shares $10.00 $10.48 -- BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $10.00 $10.27 -- -------------------------------------------------------------------------------------------------------------------------------- Columbia Funds Variable Series Trust II -------------------------------------------------------------------------------------------------------------------------------- CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $10.00 $10.53 496 Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $10.00 $10.76 -- -------------------------------------------------------------------------------------------------------------------------------- Eaton Vance Variable Trust -------------------------------------------------------------------------------------------------------------------------------- VT Floating -- Rate Income Fund $10.00 $10.08 683 -------------------------------------------------------------------------------------------------------------------------------- Federated Insurance Series -------------------------------------------------------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares $10.00 $10.23 -- Federated Kaufmann Fund II -- Service Shares $10.00 $10.32 -- -------------------------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund -------------------------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $10.00 $10.62 -- VIP Contrafund(R) Portfolio -- Service Class 2 $10.00 $10.61 495 VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $10.00 $10.64 -- VIP Equity-Income Portfolio -- Service Class 2 $10.00 $10.72 488 VIP Growth & Income Portfolio -- Service Class 2 $10.00 $10.96 -- VIP Growth Opportunities Portfolio -- Service Class 2 $10.00 $10.87 -- VIP Growth Portfolio -- Service Class 2 $10.00 $10.76 -- VIP Investment Grade Bond Portfolio -- Service Class 2 $10.00 $10.13 1,689 VIP Mid Cap Portfolio -- Service Class 2 $10.00 $10.35 844 VIP Value Strategies Portfolio -- Service Class 2 $10.00 $10.80 -- --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ----------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B 2019 AB Global Thematic Growth Portfolio -- Class B 2019 AB Growth and Income Portfolio -- Class B 2019 AB International Value Portfolio -- Class B 2019 AB Large Cap Growth Portfolio -- Class B 2019 AB Small Cap Growth Portfolio -- Class B 2019 ----------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Global Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 Invesco V.I. American Franchise Fund -- Series I shares 2019 Invesco V.I. Comstock Fund -- Series II shares 2019 Invesco V.I. Core Equity Fund -- Series I shares 2019 Invesco V.I. Equity and Income Fund -- Series II shares 2019 Invesco V.I. International Growth Fund -- Series II shares 2019 Invesco V.I. Value Opportunities Fund -- Series II shares 2019 ----------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. ----------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II 2019 ----------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares 2019 BlackRock Basic Value V.I. Fund -- Class III Shares 2019 BlackRock Global Allocation V.I. Fund -- Class III Shares 2019 BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares 2019 ----------------------------------------------------------------------------------- Columbia Funds Variable Series Trust II ----------------------------------------------------------------------------------- CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 2019 Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 2019 ----------------------------------------------------------------------------------- Eaton Vance Variable Trust ----------------------------------------------------------------------------------- VT Floating -- Rate Income Fund 2019 ----------------------------------------------------------------------------------- Federated Insurance Series ----------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares 2019 Federated Kaufmann Fund II -- Service Shares 2019 ----------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund ----------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 2019 VIP Contrafund(R) Portfolio -- Service Class 2 2019 VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 2019 VIP Equity-Income Portfolio -- Service Class 2 2019 VIP Growth & Income Portfolio -- Service Class 2 2019 VIP Growth Opportunities Portfolio -- Service Class 2 2019 VIP Growth Portfolio -- Service Class 2 2019 VIP Investment Grade Bond Portfolio -- Service Class 2 2019 VIP Mid Cap Portfolio -- Service Class 2 2019 VIP Value Strategies Portfolio -- Service Class 2 2019 -----------------------------------------------------------------------------------

B-60

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust -------------------------------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $10.00 $10.43 -- 2019 Franklin Income VIP Fund -- Class 2 Shares $10.00 $10.29 -- 2019 Franklin Mutual Shares VIP Fund -- Class 2 Shares $10.00 $10.57 -- 2019 Templeton Growth VIP Fund -- Class 2 Shares $10.00 $10.62 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $10.00 $ 9.94 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Janus Aspen Series -------------------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $10.00 $10.62 -- 2019 Janus Henderson Forty Portfolio -- Service Shares $10.00 $10.80 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust -------------------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $10.00 $10.97 -- 2019 ClearBridge Variable Large Cap Value Portfolio -- Class I $10.00 $10.62 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $10.00 $10.60 -- 2019 MFS(R) Total Return Series -- Service Class Shares $10.00 $10.46 -- 2019 MFS(R) Utilities Series -- Service Class Shares $10.00 $10.51 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $10.00 $10.95 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $10.00 $10.19 -- 2019 High Yield Portfolio -- Administrative Class Shares $10.00 $10.24 673 2019 Long-Term U.S. Government Portfolio -- Administrative Class Shares $10.00 $10.15 662 2019 Low Duration Portfolio -- Administrative Class Shares $10.00 $10.00 514 2019 Total Return Portfolio -- Administrative Class Shares $10.00 $10.09 1,694 2019 -------------------------------------------------------------------------------------------------------------------------------- Rydex Variable Trust -------------------------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $10.00 $11.01 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. -------------------------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $10.00 $10.09 -- 2019 Premier Growth Equity V.I.S. Fund -- Class 1 Shares $10.00 $11.05 -- 2019 Real Estate Securities V.I.S. Fund -- Class 1 Shares $10.00 $10.24 341 2019 S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $10.00 $10.79 -- 2019 Small-Cap Equity V.I.S. Fund -- Class 1 Shares $10.00 $10.61 -- 2019 Total Return V.I.S. Fund -- Class 3 Shares $10.00 $10.24 -- 2019 U.S. Equity V.I.S. Fund -- Class 1 Shares $10.00 $10.77 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- The Prudential Series Fund -------------------------------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $10.00 $10.68 -- 2019 Jennison Portfolio -- Class II Shares $10.00 $10.70 -- 2019 Natural Resources Portfolio -- Class II Shares $10.00 $ 9.71 726 2019 -------------------------------------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust -------------------------------------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $10.00 $10.43 -- 2019 --------------------------------------------------------------------------------------------------------------------------------

B-61 Lifetime Income Plus 2007 (for Single Annuitant contracts) Elected

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ---------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $11.81 $13.64 5,160 2019 12.92 11.81 6,306 2018 11.44 12.92 7,013 2017 11.21 11.44 24,017 2016 11.32 11.21 12,305 2015 10.82 11.32 13,773 2014 9.53 10.82 15,093 2013 8.60 9.53 18,128 2012 9.08 8.60 27,816 2011 8.43 9.08 29,477 2010 ---------------------------------------------------------------------------------------------------------- AB Global Thematic Growth Portfolio -- Class B $13.59 $17.23 -- 2019 15.45 13.59 -- 2018 11.60 15.45 -- 2017 11.98 11.60 -- 2016 11.95 11.98 -- 2015 11.67 11.95 -- 2014 9.71 11.67 -- 2013 8.78 9.71 -- 2012 11.73 8.78 -- 2011 10.13 11.73 -- 2010 ---------------------------------------------------------------------------------------------------------- AB Growth and Income Portfolio -- Class B $17.62 $21.28 -- 2019 19.16 17.62 -- 2018 16.53 19.16 -- 2017 15.23 16.53 -- 2016 15.37 15.23 -- 2015 14.40 15.37 -- 2014 10.95 14.40 -- 2013 9.56 10.95 -- 2012 9.22 9.56 -- 2011 8.37 9.22 -- 2010 ---------------------------------------------------------------------------------------------------------- AB International Value Portfolio -- Class B $ 7.60 $ 8.67 18,819 2019 10.10 7.60 24,261 2018 8.26 10.10 22,236 2017 8.52 8.26 60,027 2016 8.52 8.52 49,890 2015 9.32 8.52 52,025 2014 7.77 9.32 40,776 2013 6.97 7.77 72,759 2012 8.85 6.97 64,510 2011 8.69 8.85 62,840 2010 ---------------------------------------------------------------------------------------------------------- AB Large Cap Growth Portfolio -- Class B $22.12 $29.04 -- 2019 22.13 22.12 -- 2018 17.20 22.13 -- 2017 17.20 17.20 -- 2016 15.88 17.20 -- 2015 14.28 15.88 -- 2014 10.67 14.28 -- 2013 9.36 10.67 -- 2012 9.95 9.36 -- 2011 9.27 9.95 -- 2010 ----------------------------------------------------------------------------------------------------------

B-62

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year --------------------------------------------------------------------------------------------------------------------------------- AB Small Cap Growth Portfolio -- Class B $19.96 $26.52 -- 2019 20.66 19.96 -- 2018 15.81 20.66 -- 2017 15.23 15.81 -- 2016 15.83 15.23 -- 2015 16.55 15.83 12,661 2014 11.65 16.55 -- 2013 10.40 11.65 -- 2012 10.21 10.40 -- 2011 7.65 10.21 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares 16.41 21.78 -- 2019 17.86 16.41 -- 2018 14.45 17.86 -- 2017 15.16 14.45 -- 2016 15.03 15.16 -- 2015 13.36 15.03 -- 2014 10.56 13.36 -- 2013 9.50 10.56 -- 2012 9.86 9.50 -- 2011 9.25 9.86 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $ 9.81 $11.23 23,486 2019 10.63 9.81 24,976 2018 9.99 10.63 26,248 2017 9.74 9.99 44,629 2016 9.91 9.74 30,224 2015 9.39 9.91 37,034 2014 8.52 9.39 39,028 2013 7.78 8.52 39,794 2012 7.93 7.78 37,662 2011 7.20 7.93 46,080 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $16.01 $21.74 -- 2019 17.49 16.01 -- 2018 13.94 17.49 -- 2017 13.97 13.94 -- 2016 13.45 13.97 -- 2015 13.04 13.45 -- 2014 9.84 13.04 -- 2013 8.67 9.84 -- 2012 8.80 8.67 -- 2011 7.09 8.80 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $16.45 $21.13 4,555 2019 19.45 16.45 6,823 2018 14.60 19.45 14,053 2017 14.97 14.60 14,025 2016 14.78 14.97 21,888 2015 14.82 14.78 26,480 2014 11.94 14.82 22,021 2013 10.11 11.94 25,080 2012 11.31 10.11 29,512 2011 10.01 11.31 32,898 2010 ---------------------------------------------------------------------------------------------------------------------------------

B-63

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $17.44 $22.45 27,995 19.42 17.44 41,263 17.05 19.42 34,947 15.67 17.05 40,223 15.56 15.67 31,229 14.43 15.56 38,076 11.23 14.43 45,121 9.86 11.23 53,176 10.12 9.86 121,834 8.95 10.12 147,423 -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $18.73 $23.08 4,367 21.44 18.73 6,067 19.26 21.44 9,713 16.75 19.26 10,899 18.26 16.75 19,676 16.74 18.26 22,570 12.18 16.74 39,688 10.60 12.18 50,673 11.11 10.60 57,598 9.24 11.11 68,019 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares $16.72 $22.34 -- 17.76 16.72 -- 14.27 17.76 -- 14.28 14.27 -- 13.92 14.28 -- 13.14 13.92 -- 9.60 13.14 -- 10.00 9.60 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares $16.39 $20.01 330 19.15 16.39 352 16.67 19.15 334 14.58 16.67 24,893 15.91 14.58 386 14.93 15.91 1,220 11.26 14.93 1,278 9.69 11.26 1,842 10.13 9.69 1,992 8.97 10.13 1,991 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares $14.62 $18.43 34,099 16.52 14.62 49,251 14.94 16.52 41,414 13.87 14.94 41,129 15.06 13.87 -- 14.26 15.06 -- 11.29 14.26 -- 10.15 11.29 -- 10.39 10.15 -- 9.71 10.39 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Equity and Income Fund -- Series II shares $13.43 $15.75 31,215 15.23 13.43 33,726 14.07 15.23 41,849 12.54 14.07 33,226 13.18 12.54 36,945 12.40 13.18 39,434 10.16 12.40 35,025 9.26 10.16 30,204 9.60 9.26 29,122 8.77 9.60 30,298 --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 ----------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Equity and Income Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 -----------------------------------------------------------------------------------

B-64

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. International Growth Fund -- Series II shares $13.42 $16.82 11,950 2019 16.20 13.42 17,439 2018 13.51 16.20 17,468 2017 13.93 13.51 10,752 2016 14.64 13.93 29,788 2015 14.97 14.64 21,812 2014 12.91 14.97 23,351 2013 11.46 12.91 25,163 2012 12.61 11.46 19,371 2011 11.46 12.61 21,729 2010 ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Value Opportunities Fund -- Series II shares $10.83 $13.77 -- 2019 13.75 10.83 -- 2018 12.00 13.75 -- 2017 10.42 12.00 -- 2016 11.93 10.42 -- 2015 11.48 11.93 -- 2014 8.82 11.48 -- 2013 7.67 8.82 -- 2012 8.13 7.67 -- 2011 7.78 8.13 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. ----------------------------------------------------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II $10.90 $11.59 20,571 2019 11.48 10.90 26,233 2018 11.33 11.48 23,845 2017 11.11 11.33 24,480 2016 11.66 11.11 7,315 2015 11.55 11.66 41,966 2014 12.92 11.55 45,518 2013 12.32 12.92 38,263 2012 11.28 12.32 40,035 2011 10.99 11.28 54,835 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $17.14 $21.55 -- 2019 18.80 17.14 -- 2018 16.90 18.80 -- 2017 14.02 16.90 -- 2016 15.39 14.02 -- 2015 15.00 15.39 -- 2014 10.80 15.00 -- 2013 9.76 10.80 -- 2012 10.26 9.76 -- 2011 8.18 10.26 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Basic Value V.I. Fund -- Class III Shares $16.25 $19.61 7,422 2019 18.10 16.25 10,253 2018 17.15 18.10 11,321 2017 14.91 17.15 19,785 2016 16.26 14.91 -- 2015 15.18 16.26 -- 2014 11.29 15.18 -- 2013 10.15 11.29 -- 2012 10.69 10.15 -- 2011 9.73 10.69 -- 2010 -----------------------------------------------------------------------------------------------------------------------------

B-65

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ------------------------------------------------------------------------------------------------------------------------ BlackRock Global Allocation V.I. Fund -- Class III Shares $14.80 $17.03 116,654 2019 16.39 14.80 158,599 2018 14.76 16.39 177,102 2017 14.55 14.76 193,788 2016 15.04 14.55 253,203 2015 15.10 15.04 292,911 2014 13.51 15.10 305,929 2013 12.58 13.51 322,502 2012 13.36 12.58 342,640 2011 12.46 13.36 359,324 2010 ------------------------------------------------------------------------------------------------------------------------ BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $20.90 $27.02 -- 2019 20.82 20.90 -- 2018 16.49 20.82 -- 2017 15.69 16.49 -- 2016 15.67 15.69 -- 2015 14.07 15.67 -- 2014 10.78 14.07 -- 2013 9.61 10.78 -- 2012 9.62 9.61 -- 2011 8.55 9.62 -- 2010 ------------------------------------------------------------------------------------------------------------------------ Columbia Funds Variable Series Trust II ------------------------------------------------------------------------------------------------------------------------ CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $12.88 $16.58 8,744 2019 13.51 12.88 12,958 2018 10.39 13.51 25,124 2017 10.00 10.39 -- 2016 ------------------------------------------------------------------------------------------------------------------------ Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $ 9.75 $11.92 664 2019 12.00 9.75 709 2018 9.65 12.00 639 2017 10.00 9.65 718 2016 ------------------------------------------------------------------------------------------------------------------------ Eaton Vance Variable Trust ------------------------------------------------------------------------------------------------------------------------ VT Floating -- Rate Income Fund $11.69 $12.23 16,103 2019 11.97 11.69 24,541 2018 11.85 11.97 11,796 2017 11.13 11.85 12,050 2016 11.51 11.13 15,007 2015 11.71 11.51 35,501 2014 11.54 11.71 37,407 2013 11.01 11.54 27,263 2012 10.99 11.01 1,359 2011 10.30 10.99 1,459 2010 ------------------------------------------------------------------------------------------------------------------------ Federated Insurance Series ------------------------------------------------------------------------------------------------------------------------ Federated High Income Bond Fund II -- Service Shares $16.50 $18.40 -- 2019 17.49 16.50 -- 2018 16.80 17.49 -- 2017 15.02 16.80 -- 2016 15.80 15.02 -- 2015 15.79 15.80 -- 2014 15.14 15.79 -- 2013 13.56 15.14 -- 2012 13.23 13.56 -- 2011 11.84 13.23 -- 2010 ------------------------------------------------------------------------------------------------------------------------

B-66

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------- Federated Kaufmann Fund II -- Service Shares $21.54 $28.10 -- 2019 21.29 21.54 -- 2018 17.03 21.29 -- 2017 16.85 17.03 -- 2016 16.25 16.85 -- 2015 15.20 16.25 -- 2014 11.14 15.20 -- 2013 9.74 11.14 -- 2012 11.53 9.74 30,625 2011 10.02 11.53 32,579 2010 ----------------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund ----------------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $15.79 $19.15 30,953 2019 16.91 15.79 27,511 2018 14.91 16.91 41,375 2017 14.26 14.91 50,124 2016 14.55 14.26 74,261 2015 13.53 14.55 76,866 2014 11.61 13.53 73,846 2013 10.35 11.61 83,652 2012 11.02 10.35 91,286 2011 9.58 11.02 84,017 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Contrafund(R) Portfolio -- Service Class 2 $18.98 $24.34 6,238 2019 20.81 18.98 9,146 2018 17.52 20.81 16,690 2017 16.64 17.52 12,022 2016 16.96 16.64 59,120 2015 15.55 16.96 71,263 2014 12.15 15.55 91,811 2013 10.71 12.15 107,970 2012 11.28 10.71 1,798 2011 9.87 11.28 1,787 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $20.20 $25.62 -- 2019 21.81 20.20 -- 2018 18.07 21.81 -- 2017 18.02 18.07 -- 2016 18.26 18.02 -- 2015 16.88 18.26 -- 2014 12.50 16.88 -- 2013 10.47 12.50 -- 2012 11.02 10.47 -- 2011 9.56 11.02 -- 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Equity-Income Portfolio -- Service Class 2 $15.28 $18.97 7,922 2019 17.10 15.28 11,269 2018 15.53 17.10 12,289 2017 13.51 15.53 296 2016 14.44 13.51 30,694 2015 13.62 14.44 35,383 2014 10.91 13.62 49,932 2013 9.54 10.91 57,246 2012 9.70 9.54 2,831 2011 8.64 9.70 1,669 2010 -----------------------------------------------------------------------------------------------------------------------

B-67

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------- VIP Growth & Income Portfolio -- Service Class 2 $17.50 $22.17 -- 2019 19.73 17.50 -- 2018 17.32 19.73 -- 2017 15.30 17.32 -- 2016 16.07 15.30 -- 2015 14.92 16.07 -- 2014 11.46 14.92 -- 2013 9.92 11.46 -- 2012 10.02 9.92 -- 2011 8.95 10.02 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Growth Opportunities Portfolio -- Service Class 2 $22.62 $31.05 -- 2019 20.64 22.62 -- 2018 15.74 20.64 -- 2017 16.10 15.74 -- 2016 15.64 16.10 25,353 2015 14.30 15.64 12,680 2014 10.64 14.30 15,179 2013 10.00 10.64 18,677 2012 ---------------------------------------------------------------------------------------------------------------- VIP Growth Portfolio -- Service Class 2 $21.83 $28.57 -- 2019 22.44 21.83 -- 2018 17.04 22.44 -- 2017 17.34 17.04 -- 2016 16.60 17.34 -- 2015 15.31 16.60 -- 2014 11.52 15.31 -- 2013 10.31 11.52 -- 2012 10.55 10.31 -- 2011 8.72 10.55 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Investment Grade Bond Portfolio -- Service Class 2 $11.66 $12.46 38,677 2019 12.03 11.66 49,665 2018 11.84 12.03 79,672 2017 11.60 11.84 82,315 2016 11.97 11.60 84,379 2015 11.60 11.97 58,742 2014 12.13 11.60 73,890 2013 11.76 12.13 74,974 2012 11.24 11.76 1,269 2011 10.70 11.24 1,428 2010 ---------------------------------------------------------------------------------------------------------------- VIP Mid Cap Portfolio -- Service Class 2 $18.44 $22.19 11,022 2019 22.14 18.44 15,117 2018 18.80 22.14 15,619 2017 17.19 18.80 18,229 2016 17.89 17.19 19,008 2015 17.27 17.89 39,378 2014 13.01 17.27 38,241 2013 11.62 13.01 46,747 2012 13.34 11.62 659 2011 10.62 13.34 598 2010 ---------------------------------------------------------------------------------------------------------------- VIP Value Strategies Portfolio -- Service Class 2 $15.66 $20.51 -- 2019 19.43 15.66 -- 2018 16.70 19.43 -- 2017 15.64 16.70 -- 2016 16.53 15.64 -- 2015 15.89 16.53 -- 2014 12.49 15.89 -- 2013 10.06 12.49 -- 2012 11.32 10.06 -- 2011 9.17 11.32 -- 2010 ----------------------------------------------------------------------------------------------------------------

B-68

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust ---------------------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $10.94 $12.82 22,701 2019 12.40 10.94 58,696 2018 11.33 12.40 76,720 2017 10.25 11.33 79,102 2016 11.18 10.25 119,353 2015 11.13 11.18 131,781 2014 9.20 11.13 135,799 2013 8.17 9.20 156,633 2012 8.49 8.17 179,198 2011 7.88 8.49 207,497 2010 ---------------------------------------------------------------------------------------------------------------------- Franklin Income VIP Fund -- Class 2 Shares $14.77 $16.75 178,935 2019 15.80 14.77 210,473 2018 14.75 15.80 250,503 2017 13.24 14.75 279,542 2016 14.58 13.24 365,782 2015 14.26 14.58 415,375 2014 12.81 14.26 514,733 2013 11.64 12.81 602,887 2012 11.64 11.64 638,513 2011 10.57 11.64 665,805 2010 ---------------------------------------------------------------------------------------------------------------------- Franklin Mutual Shares VIP Fund -- Class 2 Shares $12.64 $15.14 -- 2019 14.23 12.64 -- 2018 13.45 14.23 -- 2017 11.86 13.45 -- 2016 12.77 11.86 -- 2015 12.20 12.77 -- 2014 9.73 12.20 -- 2013 8.72 9.73 -- 2012 9.02 8.72 34,532 2011 8.30 9.02 41,317 2010 ---------------------------------------------------------------------------------------------------------------------- Templeton Growth VIP Fund -- Class 2 Shares $10.23 $11.51 -- 2019 12.30 10.23 -- 2018 10.62 12.30 -- 2017 9.92 10.62 -- 2016 10.86 9.92 -- 2015 11.43 10.86 -- 2014 8.95 11.43 -- 2013 7.56 8.95 -- 2012 8.32 7.56 -- 2011 7.93 8.32 -- 2010 ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $ 8.79 $ 8.75 3,451 2019 8.87 8.79 6,642 2018 9.03 8.87 22,260 2017 9.24 9.03 55,198 2016 9.46 9.24 21,400 2015 9.68 9.46 5,406 2014 9.91 9.68 5,326 2013 10.00 9.91 29,046 2012 ----------------------------------------------------------------------------------------------------------------------

B-69

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Janus Aspen Series ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $19.79 $23.65 37,801 2019 20.17 19.79 37,390 2018 17.48 20.17 40,333 2017 17.15 17.48 45,679 2016 17.48 17.15 55,132 2015 16.53 17.48 73,604 2014 14.12 16.53 68,684 2013 12.75 14.12 85,078 2012 12.87 12.75 86,168 2011 12.19 12.87 112,451 2010 ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Forty Portfolio -- Service Shares $24.76 $33.11 199 2019 24.92 24.76 233 2018 19.62 24.92 256 2017 19.70 19.62 10,721 2016 18.01 19.70 12,700 2015 17.00 18.01 17,612 2014 13.29 17.00 20,306 2013 10.98 13.29 24,066 2012 12.08 10.98 19,820 2011 11.61 12.08 22,208 2010 ---------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $19.11 $23.30 -- 2019 21.40 19.11 -- 2018 18.88 21.40 -- 2017 19.15 18.88 -- 2016 19.99 19.15 -- 2015 17.04 19.99 -- 2014 11.83 17.04 -- 2013 10.22 11.83 -- 2012 10.24 10.22 -- 2011 8.41 10.24 -- 2010 ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Large Cap Value Portfolio -- Class I $10.38 $13.07 -- 2019 11.66 10.38 -- 2018 10.39 11.66 -- 2017 9.41 10.39 -- 2016 9.92 9.41 -- 2015 10.00 9.92 -- 2014 ---------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $19.13 $24.53 -- 2019 20.77 19.13 -- 2018 17.28 20.77 -- 2017 16.32 17.28 -- 2016 16.72 16.32 -- 2015 15.45 16.72 -- 2014 12.01 15.45 -- 2013 10.34 12.01 -- 2012 10.85 10.34 -- 2011 10.01 10.85 -- 2010 ----------------------------------------------------------------------------------------------------------------------

B-70

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Total Return Series -- Service Class Shares $14.45 $16.96 14,758 2019 15.71 14.45 16,681 2018 14.36 15.71 29,000 2017 13.50 14.36 34,620 2016 13.90 13.50 34,403 2015 13.15 13.90 35,676 2014 11.33 13.15 40,971 2013 10.46 11.33 46,687 2012 10.53 10.46 55,050 2011 9.83 10.53 73,036 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Utilities Series -- Service Class Shares $20.69 $25.22 -- 2019 21.01 20.69 -- 2018 18.78 21.01 -- 2017 17.28 18.78 -- 2016 20.75 17.28 -- 2015 18.88 20.75 -- 2014 16.08 18.88 802 2013 14.53 16.08 804 2012 13.97 14.53 805 2011 12.59 13.97 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $12.29 $16.76 -- 2019 12.51 12.29 -- 2018 9.99 12.51 -- 2017 9.66 9.99 -- 2016 10.00 9.66 -- 2015 -------------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $12.61 $13.77 -- 2019 13.66 12.61 -- 2018 12.33 13.66 -- 2017 11.18 12.33 -- 2016 12.60 11.18 -- 2015 12.83 12.60 -- 2014 13.12 12.83 -- 2013 11.70 13.12 -- 2012 11.75 11.70 -- 2011 10.64 11.75 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- High Yield Portfolio -- Administrative Class Shares $15.33 $17.18 11,163 2019 16.12 15.33 11,042 2018 15.47 16.12 8,443 2017 14.09 15.47 8,951 2016 14.66 14.09 29,092 2015 14.52 14.66 20,299 2014 14.05 14.52 14,592 2013 12.59 14.05 14,138 2012 12.47 12.59 23,736 2011 11.15 12.47 29,861 2010 --------------------------------------------------------------------------------------------------------------------------------

B-71

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------------- Long-Term U.S. Government Portfolio -- Administrative Class Shares $15.68 $17.36 11,098 2019 16.44 15.68 11,412 2018 15.44 16.44 8,615 2017 15.70 15.44 9,341 2016 16.29 15.70 292 2015 13.45 16.29 972 2014 15.81 13.45 1,106 2013 15.50 15.81 1,058 2012 12.41 15.50 951 2011 11.38 12.41 1,304 2010 ---------------------------------------------------------------------------------------------------------------------------- Low Duration Portfolio -- Administrative Class Shares $10.91 $11.09 15,757 2019 11.13 10.91 18,272 2018 11.24 11.13 14,978 2017 11.35 11.24 14,759 2016 11.58 11.35 38,228 2015 11.75 11.58 118,122 2014 12.04 11.75 115,372 2013 11.65 12.04 107,219 2012 11.79 11.65 109,549 2011 $11.46 $11.79 133,992 2010 ---------------------------------------------------------------------------------------------------------------------------- Total Return Portfolio -- Administrative Class Shares $13.44 $14.23 33,834 2019 13.83 13.44 47,387 2018 13.50 13.83 69,360 2017 13.45 13.50 72,301 2016 13.71 13.45 90,804 2015 13.46 13.71 58,434 2014 14.05 13.46 71,550 2013 13.12 14.05 64,828 2012 12.96 13.12 76,793 2011 12.27 12.96 96,795 2010 ---------------------------------------------------------------------------------------------------------------------------- Rydex Variable Trust ---------------------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $28.21 $37.72 -- 2019 29.41 28.21 -- 2018 22.95 29.41 -- 2017 22.17 22.95 -- 2016 20.96 22.17 -- 2015 18.27 20.96 -- 2014 13.89 18.27 -- 2013 12.18 13.89 -- 2012 12.20 12.18 -- 2011 10.54 12.20 -- 2010 ---------------------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. ---------------------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $10.93 $11.60 -- 2019 11.35 10.93 -- 2018 11.25 11.35 -- 2017 11.18 11.25 -- 2016 11.49 11.18 -- 2015 11.19 11.49 -- 2014 11.61 11.19 -- 2013 11.24 11.61 -- 2012 10.73 11.24 -- 2011 10.21 10.73 -- 2010 ----------------------------------------------------------------------------------------------------------------------------

B-72

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------- Premier Growth Equity V.I.S. Fund -- Class 1 Shares $21.37 $28.67 -- 2019 22.47 21.37 -- 2018 17.92 22.47 -- 2017 17.90 17.92 -- 2016 17.73 17.90 -- 2015 15.92 17.73 -- 2014 12.08 15.92 -- 2013 10.23 12.08 -- 2012 10.42 10.23 -- 2011 9.55 10.42 -- 2010 -------------------------------------------------------------------------------------------------------------- Real Estate Securities V.I.S. Fund -- Class 1 Shares $19.64 $24.21 4,012 2019 21.33 19.64 5,541 2018 20.62 21.33 6,396 2017 19.54 20.62 6,776 2016 19.13 19.54 8,524 2015 14.85 19.13 10,355 2014 14.81 14.85 21,450 2013 12.98 14.81 6,807 2012 12.09 12.98 7,869 2011 9.60 12.09 10,442 2010 -------------------------------------------------------------------------------------------------------------- S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $19.48 $24.94 159 2019 20.93 19.48 178 2018 17.63 20.93 183 2017 16.17 17.63 195 2016 16.37 16.17 209 2015 14.79 16.37 710 2014 11.47 14.79 774 2013 10.15 11.47 1,083 2012 10.21 10.15 1,137 2011 9.10 10.21 1,181 2010 -------------------------------------------------------------------------------------------------------------- Small-Cap Equity V.I.S. Fund -- Class 1 Shares $18.74 $23.09 -- 2019 21.24 18.74 -- 2018 19.29 21.24 -- 2017 15.95 19.29 -- 2016 17.03 15.95 -- 2015 16.80 17.03 -- 2014 12.56 16.80 -- 2013 11.22 12.56 -- 2012 11.14 11.22 -- 2011 8.94 11.14 -- 2010 -------------------------------------------------------------------------------------------------------------- Total Return V.I.S. Fund -- Class 3 Shares $12.25 $13.83 500,742 2019 13.43 12.25 681,617 2018 11.92 13.43 833,790 2017 11.50 11.92 921,388 2016 11.93 11.50 1,064,406 2015 11.62 11.93 1,233,963 2014 10.38 11.62 1,393,633 2013 9.46 10.38 1,520,222 2012 10.00 9.46 1,654,423 2011 9.35 10.00 1,750,326 2010 --------------------------------------------------------------------------------------------------------------

B-73

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- U.S. Equity V.I.S. Fund -- Class 1 Shares $18.69 $24.07 -- 2019 19.81 18.69 -- 2018 16.91 19.81 -- 2017 15.83 16.91 -- 2016 16.58 15.83 -- 2015 15.05 16.58 -- 2014 11.50 15.05 -- 2013 10.17 11.50 -- 2012 10.72 10.17 -- 2011 9.95 10.72 -- 2010 ----------------------------------------------------------------------------------------------------------- The Prudential Series Fund ----------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $19.30 $24.21 218 2019 20.95 19.30 239 2018 16.53 20.95 244 2017 16.71 16.53 277 2016 16.16 16.71 269 2015 15.50 16.16 958 2014 12.26 15.50 983 2013 11.35 12.26 1,351 2012 12.16 11.35 1,351 2011 11.60 12.16 1,322 2010 ----------------------------------------------------------------------------------------------------------- Jennison Portfolio -- Class II Shares $22.85 $29.66 -- 2019 23.67 22.85 -- 2018 17.80 23.67 -- 2017 18.45 17.80 -- 2016 17.01 18.45 -- 2015 15.89 17.01 -- 2014 11.86 15.89 -- 2013 10.49 11.86 -- 2012 10.75 10.49 -- 2011 9.87 10.75 -- 2010 ----------------------------------------------------------------------------------------------------------- Natural Resources Portfolio -- Class II Shares $ 7.61 $ 8.20 23,977 2019 9.55 7.61 29,532 2018 9.83 9.55 22,351 2017 8.06 9.83 13,843 2016 11.60 8.06 10,116 2015 14.80 11.60 9,110 2014 13.80 14.80 8,230 2013 14.55 13.80 8,245 2012 18.47 14.55 955 2011 14.83 18.47 221 2010 ----------------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust ----------------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $23.68 $31.71 -- 2019 24.17 23.68 -- 2018 18.38 24.17 -- 2017 18.72 18.38 -- 2016 18.90 18.72 -- 2015 18.63 18.90 -- 2014 13.63 18.63 -- 2013 11.59 13.63 -- 2012 12.56 11.59 -- 2011 10.00 12.56 -- 2010 -----------------------------------------------------------------------------------------------------------

B-74 Lifetime Income Plus 2007 (for Single Annuitant contracts) Elected - reset on or after 07/15/19

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. -------------------------------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $10.00 $10.37 -- AB Global Thematic Growth Portfolio -- Class B $10.00 $10.56 -- AB Growth and Income Portfolio -- Class B $10.00 $10.62 -- AB International Value Portfolio -- Class B $10.00 $10.60 1,854 AB Large Cap Growth Portfolio -- Class B $10.00 $10.83 -- AB Small Cap Growth Portfolio -- Class B $10.00 $10.26 -- -------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares $10.00 $10.87 -- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $10.00 $10.31 15,615 Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $10.00 $10.38 -- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $10.00 $10.62 1,231 Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $10.00 $10.59 8,052 Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $10.00 $10.79 1,213 Invesco V.I. American Franchise Fund -- Series I shares $10.00 $10.89 -- Invesco V.I. Comstock Fund -- Series II shares $10.00 $10.70 -- Invesco V.I. Core Equity Fund -- Series I shares $10.00 $10.68 7,978 Invesco V.I. Equity and Income Fund -- Series II shares $10.00 $10.42 790 Invesco V.I. International Growth Fund -- Series II shares $10.00 $10.55 2,484 Invesco V.I. Value Opportunities Fund -- Series II shares $10.00 $10.68 -- -------------------------------------------------------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. -------------------------------------------------------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II $10.00 $10.07 3,223 -------------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. -------------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $10.00 $10.59 -- BlackRock Basic Value V.I. Fund -- Class III Shares $10.00 $10.58 1,863 BlackRock Global Allocation V.I. Fund -- Class III Shares $10.00 $10.48 4,185 BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $10.00 $10.27 -- -------------------------------------------------------------------------------------------------------------------------------- Columbia Funds Variable Series Trust II -------------------------------------------------------------------------------------------------------------------------------- CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $10.00 $10.53 1,867 Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $10.00 $10.76 -- -------------------------------------------------------------------------------------------------------------------------------- Eaton Vance Variable Trust -------------------------------------------------------------------------------------------------------------------------------- VT Floating -- Rate Income Fund $10.00 $10.08 2,587 -------------------------------------------------------------------------------------------------------------------------------- Federated Insurance Series -------------------------------------------------------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares $10.00 $10.23 -- Federated Kaufmann Fund II -- Service Shares $10.00 $10.32 -- -------------------------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund -------------------------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $10.00 $10.62 -- VIP Contrafund(R) Portfolio -- Service Class 2 $10.00 $10.61 1,855 VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $10.00 $10.64 -- VIP Equity-Income Portfolio -- Service Class 2 $10.00 $10.72 1,836 VIP Growth & Income Portfolio -- Service Class 2 $10.00 $10.96 -- VIP Growth Opportunities Portfolio -- Service Class 2 $10.00 $10.87 -- VIP Growth Portfolio -- Service Class 2 $10.00 $10.76 -- VIP Investment Grade Bond Portfolio -- Service Class 2 $10.00 $10.13 6,413 VIP Mid Cap Portfolio -- Service Class 2 $10.00 $10.35 3,172 VIP Value Strategies Portfolio -- Service Class 2 $10.00 $10.80 -- --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ----------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B 2019 AB Global Thematic Growth Portfolio -- Class B 2019 AB Growth and Income Portfolio -- Class B 2019 AB International Value Portfolio -- Class B 2019 AB Large Cap Growth Portfolio -- Class B 2019 AB Small Cap Growth Portfolio -- Class B 2019 ----------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Global Fund -- Series II Shares 2019 Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 Invesco V.I. American Franchise Fund -- Series I shares 2019 Invesco V.I. Comstock Fund -- Series II shares 2019 Invesco V.I. Core Equity Fund -- Series I shares 2019 Invesco V.I. Equity and Income Fund -- Series II shares 2019 Invesco V.I. International Growth Fund -- Series II shares 2019 Invesco V.I. Value Opportunities Fund -- Series II shares 2019 ----------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. ----------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II 2019 ----------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares 2019 BlackRock Basic Value V.I. Fund -- Class III Shares 2019 BlackRock Global Allocation V.I. Fund -- Class III Shares 2019 BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares 2019 ----------------------------------------------------------------------------------- Columbia Funds Variable Series Trust II ----------------------------------------------------------------------------------- CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 2019 Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 2019 ----------------------------------------------------------------------------------- Eaton Vance Variable Trust ----------------------------------------------------------------------------------- VT Floating -- Rate Income Fund 2019 ----------------------------------------------------------------------------------- Federated Insurance Series ----------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares 2019 Federated Kaufmann Fund II -- Service Shares 2019 ----------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund ----------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 2019 VIP Contrafund(R) Portfolio -- Service Class 2 2019 VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 2019 VIP Equity-Income Portfolio -- Service Class 2 2019 VIP Growth & Income Portfolio -- Service Class 2 2019 VIP Growth Opportunities Portfolio -- Service Class 2 2019 VIP Growth Portfolio -- Service Class 2 2019 VIP Investment Grade Bond Portfolio -- Service Class 2 2019 VIP Mid Cap Portfolio -- Service Class 2 2019 VIP Value Strategies Portfolio -- Service Class 2 2019 -----------------------------------------------------------------------------------

B-75

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust -------------------------------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $10.00 $10.43 24,933 2019 Franklin Income VIP Fund -- Class 2 Shares $10.00 $10.29 13,797 2019 Franklin Mutual Shares VIP Fund -- Class 2 Shares $10.00 $10.57 -- 2019 Templeton Growth VIP Fund -- Class 2 Shares $10.00 $10.62 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $10.00 $ 9.94 42,364 2019 -------------------------------------------------------------------------------------------------------------------------------- Janus Aspen Series -------------------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $10.00 $10.62 -- 2019 Janus Henderson Forty Portfolio -- Service Shares $10.00 $10.80 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust -------------------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $10.00 $10.97 -- 2019 ClearBridge Variable Large Cap Value Portfolio -- Class I $10.00 $10.62 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $10.00 $10.60 -- 2019 MFS(R) Total Return Series -- Service Class Shares $10.00 $10.46 -- 2019 MFS(R) Utilities Series -- Service Class Shares $10.00 $10.51 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $10.00 $10.95 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $10.00 $10.19 -- 2019 High Yield Portfolio -- Administrative Class Shares $10.00 $10.24 2,546 2019 Long-Term U.S. Government Portfolio -- Administrative Class Shares $10.00 $10.15 2,532 2019 Low Duration Portfolio -- Administrative Class Shares $10.00 $10.00 1,950 2019 Total Return Portfolio -- Administrative Class Shares $10.00 $10.09 6,438 2019 -------------------------------------------------------------------------------------------------------------------------------- Rydex Variable Trust -------------------------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $10.00 $11.01 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. -------------------------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $10.00 $10.09 -- 2019 Premier Growth Equity V.I.S. Fund -- Class 1 Shares $10.00 $11.05 -- 2019 Real Estate Securities V.I.S. Fund -- Class 1 Shares $10.00 $10.24 1,295 2019 S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $10.00 $10.79 -- 2019 Small-Cap Equity V.I.S. Fund -- Class 1 Shares $10.00 $10.61 -- 2019 Total Return V.I.S. Fund -- Class 3 Shares $10.00 $10.24 101,253 2019 U.S. Equity V.I.S. Fund -- Class 1 Shares $10.00 $10.77 -- 2019 -------------------------------------------------------------------------------------------------------------------------------- The Prudential Series Fund -------------------------------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $10.00 $10.68 -- 2019 Jennison Portfolio -- Class II Shares $10.00 $10.70 -- 2019 Natural Resources Portfolio -- Class II Shares $10.00 $ 9.71 2,724 2019 -------------------------------------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust -------------------------------------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $10.00 $10.43 -- 2019 --------------------------------------------------------------------------------------------------------------------------------

B-76 Lifetime Income Plus 2008 Elected

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ---------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $12.36 $14.39 28,779 2019 13.42 12.36 36,469 2018 11.79 13.42 39,998 2017 11.46 11.79 44,829 2016 11.50 11.46 50,898 2015 10.90 11.50 56,661 2014 9.52 10.90 61,729 2013 8.53 9.52 69,300 2012 8.94 8.53 74,351 2011 8.23 8.94 128,475 2010 ---------------------------------------------------------------------------------------------------------- AB Global Thematic Growth Portfolio -- Class B $11.01 $14.06 1,172 2019 12.42 11.01 1,289 2018 9.26 12.42 1,285 2017 9.48 9.26 1,551 2016 9.39 9.48 1,812 2015 9.10 9.39 1,661 2014 7.52 9.10 402 2013 6.74 7.52 995 2012 8.94 6.74 2,395 2011 7.66 8.94 2,224 2010 ---------------------------------------------------------------------------------------------------------- AB Growth and Income Portfolio -- Class B $15.17 $18.46 2,518 2019 16.37 15.17 2,687 2018 14.02 16.37 1,998 2017 12.82 14.02 2,095 2016 12.84 12.82 2,389 2015 11.93 12.84 1,514 2014 9.00 11.93 1,727 2013 7.80 9.00 2,159 2012 7.47 7.80 6,083 2011 6.73 7.47 3,255 2010 ---------------------------------------------------------------------------------------------------------- AB International Value Portfolio -- Class B $ 5.42 $ 6.24 141,972 2019 7.15 5.42 157,551 2018 5.81 7.15 160,381 2017 5.95 5.81 463,442 2016 5.90 5.95 333,354 2015 6.40 5.90 296,315 2014 5.30 6.40 222,704 2013 4.72 5.30 427,852 2012 5.94 4.72 323,365 2011 5.79 5.94 296,004 2010 ---------------------------------------------------------------------------------------------------------- AB Large Cap Growth Portfolio -- Class B $20.00 $26.45 -- 2019 19.85 20.00 -- 2018 15.31 19.85 -- 2017 15.20 15.31 -- 2016 13.92 15.20 -- 2015 12.42 13.92 -- 2014 9.21 12.42 -- 2013 8.02 9.21 -- 2012 8.46 8.02 -- 2011 7.83 8.46 -- 2010 ----------------------------------------------------------------------------------------------------------

B-77

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year --------------------------------------------------------------------------------------------------------------------------------- AB Small Cap Growth Portfolio -- Class B $20.28 $27.15 806 2019 20.83 20.28 971 2018 15.81 20.83 1,001 2017 15.12 15.81 6,151 2016 15.60 15.12 6,549 2015 16.18 15.60 73,833 2014 11.31 16.18 8,680 2013 10.01 11.31 10,917 2012 9.76 10.01 12,481 2011 7.26 9.76 847 2010 --------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares $14.01 $18.73 2,296 2019 15.13 14.01 2,634 2018 12.15 15.13 2,898 2017 12.65 12.15 2,810 2016 12.44 12.65 6,450 2015 10.97 12.44 2,723 2014 8.61 10.97 3,129 2013 7.69 8.61 3,603 2012 7.92 7.69 3,834 2011 7.37 7.92 3,869 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $ 9.53 $11.00 41,498 2019 10.25 9.53 44,803 2018 9.56 10.25 48,483 2017 9.25 9.56 50,433 2016 9.34 9.25 55,506 2015 8.78 9.34 59,794 2014 7.91 8.78 63,784 2013 7.16 7.91 80,461 2012 7.25 7.16 82,246 2011 6.53 7.25 67,711 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $15.17 $20.76 -- 2019 16.45 15.17 -- 2018 13.00 16.45 -- 2017 12.94 13.00 -- 2016 12.36 12.94 -- 2015 11.90 12.36 -- 2014 8.91 11.90 -- 2013 7.79 8.91 -- 2012 7.85 7.79 -- 2011 6.27 7.85 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $13.76 $17.81 62,575 2019 16.14 13.76 75,393 2018 12.02 16.14 117,115 2017 12.23 12.02 136,439 2016 11.98 12.23 180,105 2015 11.93 11.98 199,518 2014 9.54 11.93 166,271 2013 8.01 9.54 185,668 2012 8.90 8.01 232,459 2011 7.81 8.90 228,770 2010 ---------------------------------------------------------------------------------------------------------------------------------

B-78

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $15.39 $19.96 188,736 17.01 15.39 235,447 14.82 17.01 225,356 13.52 14.82 267,443 13.32 13.52 209,932 12.26 13.32 241,181 9.47 12.26 265,506 8.25 9.47 301,574 8.41 8.25 627,983 7.37 8.41 680,230 -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $17.20 $21.36 30,361 19.54 17.20 35,786 17.42 19.54 58,566 15.04 17.42 77,160 16.26 15.04 111,280 14.80 16.26 119,816 10.69 14.80 196,773 9.23 10.69 251,597 9.60 9.23 289,127 7.92 9.60 307,091 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares $17.59 $23.69 -- 18.54 17.59 -- 14.79 18.54 -- 14.69 14.79 -- 14.21 14.69 -- 13.31 14.21 -- 9.65 13.31 -- 10.00 9.65 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares $14.87 $18.29 5,441 17.23 14.87 5,760 14.89 17.23 6,360 12.93 14.89 168,539 14.00 12.93 11,589 13.03 14.00 11,874 9.76 13.03 12,829 8.33 9.76 14,936 8.65 8.33 10,470 7.59 8.65 11,124 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares $13.58 $17.24 217,391 15.23 13.58 266,860 13.67 15.23 241,154 12.59 13.67 262,008 13.57 12.59 2,955 12.75 13.57 3,284 10.02 12.75 5,061 8.93 10.02 5,633 9.08 8.93 5,458 8.42 9.08 801 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Equity and Income Fund -- Series II shares $14.65 $17.31 24,471 16.49 14.65 25,810 15.12 16.49 26,049 13.37 15.12 15,624 13.94 13.37 17,555 13.02 13.94 13,883 10.59 13.02 16,066 9.57 10.59 15,541 9.85 9.57 14,785 8.93 9.85 15,543 --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 ----------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Equity and Income Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 -----------------------------------------------------------------------------------

B-79

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. International Growth Fund -- Series II shares $ 9.41 $11.88 99,849 2019 11.27 9.41 121,845 2018 9.33 11.27 140,518 2017 9.54 9.33 115,298 2016 9.95 9.54 223,616 2015 10.10 9.95 156,066 2014 8.64 10.10 160,364 2013 7.61 8.64 171,569 2012 8.32 7.61 127,763 2011 7.50 8.32 126,224 2010 ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Value Opportunities Fund -- Series II shares $ 9.96 $12.76 -- 2019 12.55 9.96 -- 2018 10.87 12.55 -- 2017 9.36 10.87 -- 2016 10.65 9.36 -- 2015 10.17 10.65 -- 2014 7.75 10.17 -- 2013 6.69 7.75 -- 2012 7.03 6.69 -- 2011 6.68 7.03 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. ----------------------------------------------------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II $11.35 $12.17 110,992 2019 11.86 11.35 123,883 2018 11.62 11.86 124,034 2017 11.31 11.62 159,542 2016 11.78 11.31 60,761 2015 11.58 11.78 245,361 2014 12.85 11.58 258,073 2013 12.16 12.85 226,083 2012 11.05 12.16 203,585 2011 10.68 11.05 269,679 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $16.13 $20.43 1,115 2019 17.55 16.13 3,069 2018 15.66 17.55 3,153 2017 12.89 15.66 3,180 2016 14.05 12.89 3,404 2015 13.58 14.05 3,387 2014 9.71 13.58 3,475 2013 8.71 9.71 3,948 2012 9.08 8.71 4,034 2011 7.19 9.08 2,859 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Basic Value V.I. Fund -- Class III Shares $13.80 $16.78 63,988 2019 15.25 13.80 73,744 2018 14.34 15.25 87,965 2017 12.38 14.34 161,232 2016 13.39 12.38 27,599 2015 12.41 13.39 24,897 2014 9.16 12.41 25,978 2013 8.17 9.16 31,487 2012 8.54 8.17 32,660 2011 7.71 8.54 18,672 2010 -----------------------------------------------------------------------------------------------------------------------------

B-80

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ------------------------------------------------------------------------------------------------------------------------ BlackRock Global Allocation V.I. Fund -- Class III Shares $11.86 $13.75 304,148 2019 13.04 11.86 397,072 2018 11.65 13.04 443,828 2017 11.39 11.65 512,340 2016 11.69 11.39 547,652 2015 11.65 11.69 603,974 2014 10.34 11.65 675,048 2013 9.55 10.34 750,501 2012 10.07 9.55 762,803 2011 9.32 10.07 797,923 2010 ------------------------------------------------------------------------------------------------------------------------ BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $18.51 $24.11 -- 2019 18.29 18.51 -- 2018 14.38 18.29 -- 2017 13.58 14.38 -- 2016 13.46 13.58 -- 2015 11.99 13.46 -- 2014 9.12 11.99 -- 2013 8.07 9.12 -- 2012 8.01 8.07 -- 2011 7.07 8.01 -- 2010 ------------------------------------------------------------------------------------------------------------------------ Columbia Funds Variable Series Trust II ------------------------------------------------------------------------------------------------------------------------ CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $13.14 $17.05 53,976 2019 13.68 13.14 68,406 2018 10.44 13.68 136,594 2017 10.00 10.44 1,610 2016 ------------------------------------------------------------------------------------------------------------------------ Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $ 9.95 $12.26 540 2019 12.15 9.95 570 2018 9.70 12.15 1,134 2017 10.00 9.70 1,743 2016 ------------------------------------------------------------------------------------------------------------------------ Eaton Vance Variable Trust ------------------------------------------------------------------------------------------------------------------------ VT Floating -- Rate Income Fund $12.40 $13.08 83,226 2019 12.61 12.40 110,299 2018 12.38 12.61 74,427 2017 11.55 12.38 62,682 2016 11.85 11.55 93,735 2015 11.96 11.85 183,902 2014 11.70 11.96 186,822 2013 11.08 11.70 129,463 2012 10.97 11.08 2,076 2011 10.21 10.97 3,112 2010 ------------------------------------------------------------------------------------------------------------------------ Federated Insurance Series ------------------------------------------------------------------------------------------------------------------------ Federated High Income Bond Fund II -- Service Shares $16.30 $18.32 386 2019 17.15 16.30 389 2018 16.34 17.15 396 2017 14.49 16.34 379 2016 15.13 14.49 406 2015 15.01 15.13 406 2014 14.28 15.01 -- 2013 12.69 14.28 -- 2012 12.29 12.69 436 2011 10.91 12.29 462 2010 ------------------------------------------------------------------------------------------------------------------------

B-81

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------- Federated Kaufmann Fund II -- Service Shares $16.49 $21.67 2,090 2019 16.17 16.49 2,649 2018 12.84 16.17 3,466 2017 12.61 12.84 7,287 2016 12.06 12.61 7,309 2015 11.20 12.06 8,577 2014 8.14 11.20 9,655 2013 7.07 8.14 12,357 2012 8.30 7.07 195,314 2011 7.16 8.30 186,206 2010 ----------------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund ----------------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $15.32 $18.73 52,840 2019 16.29 15.32 39,734 2018 14.25 16.29 43,896 2017 13.53 14.25 96,460 2016 13.69 13.53 103,787 2015 12.64 13.69 124,746 2014 10.77 12.64 136,760 2013 9.52 10.77 147,631 2012 10.06 9.52 158,808 2011 8.68 10.06 57,913 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Contrafund(R) Portfolio -- Service Class 2 $15.18 $19.62 77,347 2019 16.52 15.18 94,325 2018 13.80 16.52 154,977 2017 13.01 13.80 129,542 2016 13.16 13.01 456,861 2015 11.97 13.16 513,934 2014 9.29 11.97 604,806 2013 8.12 9.29 681,115 2012 8.49 8.12 71,639 2011 7.37 8.49 71,388 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $16.36 $20.91 -- 2019 17.52 16.36 -- 2018 14.41 17.52 -- 2017 14.26 14.41 300 2016 14.33 14.26 1,727 2015 13.16 14.33 367 2014 9.67 13.16 390 2013 8.03 9.67 588 2012 8.39 8.03 700 2011 7.22 8.39 449 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Equity-Income Portfolio -- Service Class 2 $13.15 $16.45 57,916 2019 14.60 13.15 68,863 2018 13.17 14.60 82,672 2017 11.36 13.17 8,118 2016 12.05 11.36 203,928 2015 11.28 12.05 232,745 2014 8.97 11.28 297,039 2013 7.78 8.97 314,981 2012 7.85 7.78 5,397 2011 6.94 7.85 5,967 2010 -----------------------------------------------------------------------------------------------------------------------

B-82

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------- VIP Growth & Income Portfolio -- Service Class 2 $14.57 $18.60 2,949 2019 16.30 14.57 3,232 2018 14.20 16.30 3,519 2017 12.45 14.20 3,723 2016 12.98 12.45 4,308 2015 11.96 12.98 4,520 2014 9.12 11.96 4,914 2013 7.83 9.12 5,621 2012 7.85 7.83 6,255 2011 6.96 7.85 6,484 2010 ---------------------------------------------------------------------------------------------------------------- VIP Growth Opportunities Portfolio -- Service Class 2 $23.85 $32.99 -- 2019 21.59 23.85 74 2018 16.35 21.59 379 2017 16.59 16.35 440 2016 16.00 16.59 122,655 2015 14.52 16.00 54,632 2014 10.72 14.52 61,169 2013 10.00 10.72 75,072 2012 ---------------------------------------------------------------------------------------------------------------- VIP Growth Portfolio -- Service Class 2 $17.03 $22.46 7,712 2019 17.37 17.03 8,881 2018 13.09 17.37 7,098 2017 13.22 13.09 7,923 2016 12.56 13.22 8,454 2015 11.49 12.56 87 2014 8.59 11.49 99 2013 7.62 8.59 136 2012 7.74 7.62 150 2011 6.35 7.74 155 2010 ---------------------------------------------------------------------------------------------------------------- VIP Investment Grade Bond Portfolio -- Service Class 2 $12.73 $13.71 202,665 2019 13.03 12.73 228,860 2018 12.73 13.03 363,756 2017 12.37 12.73 497,062 2016 12.67 12.37 515,735 2015 12.19 12.67 309,343 2014 12.64 12.19 377,268 2013 12.16 12.64 408,302 2012 11.54 12.16 13,550 2011 10.90 11.54 17,623 2010 ---------------------------------------------------------------------------------------------------------------- VIP Mid Cap Portfolio -- Service Class 2 $14.87 $18.04 88,935 2019 17.73 14.87 103,084 2018 14.94 17.73 116,007 2017 13.56 14.94 148,231 2016 14.00 13.56 129,988 2015 13.41 14.00 260,311 2014 10.02 13.41 241,634 2013 8.89 10.02 283,440 2012 10.13 8.89 20,178 2011 8.00 10.13 20,039 2010 ---------------------------------------------------------------------------------------------------------------- VIP Value Strategies Portfolio -- Service Class 2 $13.04 $17.22 -- 2019 16.06 13.04 -- 2018 13.70 16.06 -- 2017 12.73 13.70 -- 2016 13.36 12.73 -- 2015 12.74 13.36 -- 2014 9.94 12.74 -- 2013 7.95 9.94 -- 2012 8.87 7.95 -- 2011 7.13 8.87 -- 2010 ----------------------------------------------------------------------------------------------------------------

B-83

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust ---------------------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $11.71 $13.82 110,082 2019 13.17 11.71 152,779 2018 11.95 13.17 174,199 2017 10.72 11.95 209,735 2016 11.61 10.72 252,838 2015 11.47 11.61 295,514 2014 9.41 11.47 342,830 2013 8.29 9.41 406,867 2012 8.55 8.29 431,640 2011 7.88 8.55 487,083 2010 ---------------------------------------------------------------------------------------------------------------------- Franklin Income VIP Fund -- Class 2 Shares $13.65 $15.60 256,021 2019 14.49 13.65 289,368 2018 13.42 14.49 322,095 2017 11.96 13.42 349,737 2016 13.07 11.96 426,981 2015 12.69 13.07 462,367 2014 11.31 12.69 510,632 2013 10.20 11.31 552,265 2012 10.12 10.20 595,532 2011 9.12 10.12 661,639 2010 ---------------------------------------------------------------------------------------------------------------------- Franklin Mutual Shares VIP Fund -- Class 2 Shares $12.14 $14.65 7,327 2019 13.56 12.14 10,855 2018 12.71 13.56 9,122 2017 11.12 12.71 9,036 2016 11.89 11.12 10,250 2015 11.27 11.89 15,614 2014 8.93 11.27 16,432 2013 7.94 8.93 5,902 2012 8.15 7.94 169,495 2011 7.44 8.15 187,444 2010 ---------------------------------------------------------------------------------------------------------------------- Templeton Growth VIP Fund -- Class 2 Shares $ 9.76 $11.07 2,250 2019 11.65 9.76 10,112 2018 9.98 11.65 10,197 2017 9.25 9.98 10,506 2016 10.05 9.25 10,641 2015 10.50 10.05 26,906 2014 8.15 10.50 26,526 2013 6.84 8.15 16,611 2012 7.47 6.84 18,031 2011 7.07 7.47 12,495 2010 ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $ 9.23 $ 9.26 47,948 2019 9.24 9.23 31,884 2018 9.34 9.24 26,530 2017 9.48 9.34 9,122 2016 9.63 9.48 1,482 2015 9.78 9.63 9,103 2014 9.94 9.78 51,525 2013 10.00 9.94 35,873 2012 ----------------------------------------------------------------------------------------------------------------------

B-84

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Janus Aspen Series ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $17.50 $21.06 50,866 2019 17.70 17.50 36,816 2018 15.22 17.70 49,608 2017 14.81 15.22 61,317 2016 14.99 14.81 102,117 2015 14.06 14.99 107,588 2014 11.92 14.06 119,909 2013 10.68 11.92 129,620 2012 10.71 10.68 140,909 2011 10.06 10.71 170,848 2010 ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Forty Portfolio -- Service Shares $17.88 $24.09 493 2019 17.86 17.88 715 2018 13.95 17.86 1,017 2017 13.90 13.95 79,967 2016 12.61 13.90 86,632 2015 11.81 12.61 109,603 2014 9.17 11.81 120,137 2013 7.52 9.17 140,992 2012 8.21 7.52 140,220 2011 7.83 8.21 144,584 2010 ---------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $18.28 $22.44 984 2019 20.30 18.28 1,020 2018 17.78 20.30 1,118 2017 17.89 17.78 1,172 2016 18.53 17.89 1,182 2015 15.68 18.53 1,257 2014 10.81 15.68 1,487 2013 9.27 10.81 1,869 2012 9.21 9.27 2,079 2011 7.50 9.21 2,204 2010 ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Large Cap Value Portfolio -- Class I $10.70 $13.58 -- 2019 11.93 10.70 -- 2018 10.55 11.93 -- 2017 9.49 10.55 -- 2016 9.92 9.49 -- 2015 10.00 9.92 -- 2014 ---------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $16.32 $21.09 -- 2019 17.58 16.32 -- 2018 14.52 17.58 -- 2017 13.61 14.52 -- 2016 13.83 13.61 -- 2015 12.69 13.83 -- 2014 9.78 12.69 -- 2013 8.36 9.78 -- 2012 8.71 8.36 -- 2011 7.98 8.71 -- 2010 ----------------------------------------------------------------------------------------------------------------------

B-85

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Total Return Series -- Service Class Shares $13.73 $16.24 57,133 2019 14.82 13.73 62,410 2018 13.44 14.82 69,708 2017 12.54 13.44 73,974 2016 12.81 12.54 84,647 2015 12.02 12.81 90,334 2014 10.29 12.02 101,516 2013 9.42 10.29 144,601 2012 9.42 9.42 148,893 2011 8.73 9.42 158,885 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Utilities Series -- Service Class Shares $13.86 $17.03 4,371 2019 13.96 13.86 6,080 2018 12.39 13.96 6,670 2017 11.31 12.39 7,501 2016 13.48 11.31 7,919 2015 12.17 13.48 7,362 2014 10.28 12.17 9,813 2013 9.23 10.28 11,022 2012 8.80 9.23 11,856 2011 7.87 8.80 21,256 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $12.65 $17.38 -- 2019 12.78 12.65 -- 2018 10.13 12.78 -- 2017 9.72 10.13 -- 2016 10.00 9.72 -- 2015 -------------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $12.55 $13.81 640 2019 13.49 12.55 658 2018 12.08 13.49 656 2017 10.87 12.08 709 2016 12.16 10.87 778 2015 12.29 12.16 726 2014 12.47 12.29 1,667 2013 11.04 12.47 1,583 2012 11.00 11.04 1,919 2011 9.88 11.00 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- High Yield Portfolio -- Administrative Class Shares $15.36 $17.35 62,975 2019 16.03 15.36 58,100 2018 15.27 16.03 59,041 2017 13.79 15.27 67,196 2016 14.25 13.79 187,257 2015 14.00 14.25 118,020 2014 13.45 14.00 86,025 2013 11.95 13.45 85,073 2012 11.75 11.95 120,504 2011 10.43 11.75 134,567 2010 --------------------------------------------------------------------------------------------------------------------------------

B-86

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------------- Long-Term U.S. Government Portfolio -- Administrative Class Shares $16.41 $18.31 63,331 2019 17.08 16.41 61,272 2018 15.92 17.08 56,208 2017 16.06 15.92 65,073 2016 16.54 16.06 9,810 2015 13.55 16.54 11,791 2014 15.81 13.55 14,981 2013 15.38 15.81 14,565 2012 12.22 15.38 14,842 2011 11.12 12.22 17,987 2010 ---------------------------------------------------------------------------------------------------------------------------- Low Duration Portfolio -- Administrative Class Shares $11.23 $11.50 111,208 2019 11.37 11.23 119,023 2018 11.40 11.37 114,875 2017 11.42 11.40 134,924 2016 11.56 11.42 261,944 2015 11.64 11.56 653,860 2014 11.84 11.64 632,839 2013 11.36 11.84 598,673 2012 11.41 11.36 704,331 2011 11.01 11.41 797,920 2010 ---------------------------------------------------------------------------------------------------------------------------- Total Return Portfolio -- Administrative Class Shares $13.76 $14.68 220,057 2019 14.06 13.76 261,417 2018 13.61 14.06 375,250 2017 13.46 13.61 514,644 2016 13.61 13.46 594,831 2015 13.26 13.61 396,276 2014 13.74 13.26 465,980 2013 12.73 13.74 447,526 2012 12.48 12.73 496,338 2011 11.73 12.48 588,488 2010 ---------------------------------------------------------------------------------------------------------------------------- Rydex Variable Trust ---------------------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $23.92 $32.23 -- 2019 24.74 23.92 -- 2018 19.17 24.74 -- 2017 18.37 19.17 -- 2016 17.24 18.37 -- 2015 14.91 17.24 -- 2014 11.25 14.91 -- 2013 9.79 11.25 -- 2012 9.73 9.79 -- 2011 8.34 9.73 -- 2010 ---------------------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. ---------------------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $11.50 $12.30 33,313 2019 11.85 11.50 35,050 2018 11.66 11.85 37,706 2017 11.50 11.66 38,811 2016 11.73 11.50 38,978 2015 11.33 11.73 43,245 2014 11.67 11.33 43,122 2013 11.22 11.67 43,371 2012 10.63 11.22 44,700 2011 10.03 10.63 46,902 2010 ----------------------------------------------------------------------------------------------------------------------------

B-87

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------- Premier Growth Equity V.I.S. Fund -- Class 1 Shares $19.98 $27.02 -- 2019 20.86 19.98 -- 2018 16.51 20.86 -- 2017 16.36 16.51 -- 2016 16.09 16.36 -- 2015 14.33 16.09 -- 2014 10.79 14.33 -- 2013 9.07 10.79 -- 2012 9.17 9.07 -- 2011 8.34 9.17 -- 2010 -------------------------------------------------------------------------------------------------------------- Real Estate Securities V.I.S. Fund -- Class 1 Shares $16.62 $20.65 32,040 2019 17.91 16.62 38,116 2018 17.19 17.91 40,270 2017 16.16 17.19 46,168 2016 15.70 16.16 61,138 2015 12.09 15.70 69,016 2014 11.97 12.09 132,451 2013 10.41 11.97 46,312 2012 9.63 10.41 45,751 2011 7.58 9.63 52,849 2010 -------------------------------------------------------------------------------------------------------------- S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $17.01 $21.95 2,476 2019 18.14 17.01 2,814 2018 15.16 18.14 4,698 2017 13.80 15.16 5,257 2016 13.87 13.80 4,178 2015 12.43 13.87 4,655 2014 9.57 12.43 4,181 2013 8.40 9.57 4,922 2012 8.39 8.40 5,969 2011 7.42 8.39 6,582 2010 -------------------------------------------------------------------------------------------------------------- Small-Cap Equity V.I.S. Fund -- Class 1 Shares $17.10 $21.23 930 2019 19.24 17.10 891 2018 17.34 19.24 932 2017 14.23 17.34 965 2016 15.07 14.23 1,344 2015 14.75 15.07 1,617 2014 10.95 14.75 2,139 2013 9.71 10.95 2,980 2012 9.56 9.71 3,579 2011 7.62 9.56 2,333 2010 -------------------------------------------------------------------------------------------------------------- Total Return V.I.S. Fund -- Class 3 Shares $11.36 $12.93 986,533 2019 12.36 11.36 1,122,968 2018 10.89 12.36 1,275,679 2017 10.43 10.89 1,534,021 2016 10.74 10.43 1,771,756 2015 10.38 10.74 2,001,627 2014 9.20 10.38 2,294,301 2013 8.32 9.20 2,439,878 2012 8.72 8.32 2,608,825 2011 8.10 8.72 2,799,057 2010 --------------------------------------------------------------------------------------------------------------

B-88

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- U.S. Equity V.I.S. Fund -- Class 1 Shares $16.04 $20.81 -- 2019 16.87 16.04 -- 2018 14.29 16.87 237 2017 13.28 14.29 -- 2016 13.80 13.28 -- 2015 12.43 13.80 -- 2014 9.43 12.43 -- 2013 8.27 9.43 -- 2012 8.65 8.27 -- 2011 7.97 8.65 -- 2010 ----------------------------------------------------------------------------------------------------------- The Prudential Series Fund ----------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $15.90 $20.10 686 2019 17.13 15.90 2,609 2018 13.41 17.13 2,726 2017 13.46 13.41 2,954 2016 12.91 13.46 2,921 2015 12.29 12.91 3,393 2014 9.65 12.29 3,620 2013 8.86 9.65 4,053 2012 9.43 8.86 4,124 2011 8.92 9.43 4,451 2010 ----------------------------------------------------------------------------------------------------------- Jennison Portfolio -- Class II Shares $20.92 $27.35 -- 2019 21.50 20.92 -- 2018 16.04 21.50 -- 2017 16.51 16.04 -- 2016 15.10 16.51 -- 2015 14.00 15.10 -- 2014 10.37 14.00 -- 2013 9.10 10.37 -- 2012 9.25 9.10 -- 2011 8.43 9.25 -- 2010 ----------------------------------------------------------------------------------------------------------- Natural Resources Portfolio -- Class II Shares $ 4.46 $ 4.84 248,535 2019 5.55 4.46 261,696 2018 5.67 5.55 223,962 2017 4.62 5.67 137,879 2016 6.59 4.62 99,252 2015 8.35 6.59 89,712 2014 7.72 8.35 77,344 2013 8.08 7.72 77,770 2012 10.18 8.08 32,666 2011 8.11 10.18 39,849 2010 ----------------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust ----------------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $25.26 $34.08 325 2019 25.59 25.26 432 2018 19.31 25.59 486 2017 19.51 19.31 594 2016 19.56 19.51 1,557 2015 19.13 19.56 597 2014 13.89 19.13 625 2013 11.72 13.89 757 2012 12.60 11.72 -- 2011 10.00 12.60 218 2010 -----------------------------------------------------------------------------------------------------------

B-89 Payment Optimizer Plus (for Joint Annuitant contracts) Elected

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ---------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $11.95 $13.81 1,099 2019 13.06 11.95 1,232 2018 11.55 13.06 1,364 2017 11.30 11.55 5,052 2016 11.41 11.30 5,933 2015 10.89 11.41 6,129 2014 9.58 10.89 6,825 2013 8.64 9.58 7,443 2012 9.11 8.64 8,152 2011 8.45 9.11 8,761 2010 ---------------------------------------------------------------------------------------------------------- AB Global Thematic Growth Portfolio -- Class B $12.15 $15.42 -- 2019 13.80 12.15 -- 2018 10.35 13.80 -- 2017 10.68 10.35 -- 2016 10.64 10.68 -- 2015 10.38 10.64 -- 2014 8.63 10.38 -- 2013 7.80 8.63 -- 2012 10.41 7.80 -- 2011 8.97 10.41 -- 2010 ---------------------------------------------------------------------------------------------------------- AB Growth and Income Portfolio -- Class B $14.88 $17.99 -- 2019 16.16 14.88 -- 2018 13.93 16.16 -- 2017 12.83 13.93 -- 2016 12.93 12.83 -- 2015 12.10 12.93 -- 2014 9.19 12.10 -- 2013 8.01 9.19 -- 2012 7.73 8.01 -- 2011 7.00 7.73 -- 2010 ---------------------------------------------------------------------------------------------------------- AB International Value Portfolio -- Class B $ 5.53 $ 6.32 1,816 2019 7.35 5.53 1,874 2018 6.00 7.35 2,183 2017 6.19 6.00 6,083 2016 6.18 6.19 4,395 2015 6.76 6.18 4,846 2014 5.63 6.76 3,499 2013 5.04 5.63 6,613 2012 6.40 5.04 7,220 2011 6.27 6.40 6,971 2010 ---------------------------------------------------------------------------------------------------------- AB Large Cap Growth Portfolio -- Class B $20.95 $27.53 -- 2019 20.94 20.95 -- 2018 16.26 20.94 -- 2017 16.24 16.26 -- 2016 14.98 16.24 -- 2015 13.46 14.98 -- 2014 10.04 13.46 -- 2013 8.80 10.04 -- 2012 9.35 8.80 -- 2011 8.70 9.35 -- 2010 ----------------------------------------------------------------------------------------------------------

B-90

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year --------------------------------------------------------------------------------------------------------------------------------- AB Small Cap Growth Portfolio -- Class B $21.73 $28.91 -- 2019 22.47 21.73 -- 2018 17.18 22.47 -- 2017 16.53 17.18 -- 2016 17.17 16.53 -- 2015 17.93 17.17 885 2014 12.61 17.93 -- 2013 11.24 12.61 -- 2012 11.03 11.24 -- 2011 8.26 11.03 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares $14.80 $19.67 -- 2019 16.10 14.80 -- 2018 13.01 16.10 -- 2017 13.63 13.01 -- 2016 13.50 13.63 -- 2015 11.99 13.50 -- 2014 9.47 11.99 -- 2013 8.51 9.47 -- 2012 8.82 8.51 -- 2011 8.26 8.82 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $ 9.09 $10.42 1,738 2019 9.84 9.09 1,903 2018 9.23 9.84 2,043 2017 8.99 9.23 2,137 2016 9.14 8.99 2,271 2015 8.66 9.14 2,473 2014 7.84 8.66 2,665 2013 7.15 7.84 9,752 2012 7.29 7.15 9,924 2011 6.61 7.29 3,235 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $15.13 $20.57 -- 2019 16.51 15.13 -- 2018 13.14 16.51 -- 2017 13.16 13.14 -- 2016 12.66 13.16 -- 2015 12.26 12.66 -- 2014 9.24 12.26 -- 2013 8.14 9.24 -- 2012 8.25 8.14 -- 2011 6.63 8.25 -- 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $13.70 $17.61 434 2019 16.18 13.70 505 2018 12.13 16.18 1,331 2017 12.43 12.13 1,283 2016 12.26 12.43 1,750 2015 12.28 12.26 2,445 2014 9.89 12.28 1,923 2013 8.36 9.89 2,232 2012 9.34 8.36 3,277 2011 8.26 9.34 3,558 2010 ---------------------------------------------------------------------------------------------------------------------------------

B-91

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $15.03 $19.36 2,574 16.72 15.03 2,963 14.66 16.72 3,168 13.46 14.66 3,557 13.35 13.46 2,415 12.37 13.35 3,382 9.62 12.37 3,813 8.44 9.62 4,592 8.65 8.44 13,010 7.64 8.65 15,385 -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $16.07 $19.82 388 18.37 16.07 425 16.49 18.37 874 14.32 16.49 954 15.60 14.32 1,514 14.28 15.60 1,946 10.39 14.28 3,306 9.02 10.39 4,286 9.45 9.02 6,073 7.85 9.45 7,020 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares $16.83 $22.51 -- 17.86 16.83 -- 14.34 17.86 -- 14.34 14.34 -- 13.96 14.34 -- 13.16 13.96 -- 9.60 13.16 -- 10.00 9.60 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series II shares $18.72 $24.98 -- 19.92 18.72 -- 16.03 19.92 -- 16.07 16.03 -- 15.69 16.07 -- 14.83 15.69 -- 10.85 14.83 -- 9.78 10.85 -- 10.68 9.78 -- 9.13 10.68 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares $13.91 $17.00 -- 16.24 13.91 -- 14.12 16.24 -- 12.34 14.12 2,206 13.45 12.34 -- 12.61 13.45 -- 9.50 12.61 -- 8.17 9.50 -- 8.53 8.17 -- 7.54 8.53 -- -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares $13.74 $17.33 2,876 15.50 13.74 3,245 14.01 15.50 3,438 12.99 14.01 3,332 14.09 12.99 -- 13.32 14.09 -- 10.54 13.32 -- 9.46 10.54 -- 9.68 9.46 -- 9.04 9.68 -- --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 -----------------------------------------------------------------------------------

B-92

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Equity and Income Fund -- Series II shares $13.59 $15.95 678 2019 15.40 13.59 714 2018 14.21 15.40 745 2017 12.65 14.21 764 2016 13.28 12.65 875 2015 12.49 13.28 921 2014 10.22 12.49 1,001 2013 9.30 10.22 1,120 2012 9.63 9.30 1,210 2011 8.79 9.63 1,287 2010 ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. International Growth Fund -- Series II shares $10.27 $12.88 1,189 2019 12.38 10.27 1,360 2018 10.32 12.38 1,725 2017 10.62 10.32 1,018 2016 11.15 10.62 2,556 2015 11.39 11.15 2,029 2014 9.81 11.39 2,075 2013 8.71 9.81 2,251 2012 9.57 8.71 2,100 2011 8.69 9.57 2,331 2010 ----------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Value Opportunities Fund -- Series II shares $ 9.46 $12.04 -- 2019 11.99 9.46 -- 2018 10.46 11.99 -- 2017 9.07 10.46 -- 2016 10.38 9.07 -- 2015 9.98 10.38 -- 2014 7.65 9.98 -- 2013 6.65 7.65 -- 2012 7.04 6.65 -- 2011 6.73 7.04 -- 2010 ----------------------------------------------------------------------------------------------------------------------------- American Century Variable Portfolios II, Inc. ----------------------------------------------------------------------------------------------------------------------------- VP Inflation Protection Fund -- Class II $11.05 $11.77 1,614 2019 11.63 11.05 1,602 2018 11.47 11.63 1,814 2017 11.23 11.47 1,830 2016 11.77 11.23 482 2015 11.66 11.77 3,186 2014 13.02 11.66 3,300 2013 12.40 13.02 2,796 2012 11.34 12.40 3,663 2011 11.04 11.34 4,879 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $15.09 $18.99 -- 2019 16.53 15.09 -- 2018 14.85 16.53 -- 2017 12.30 14.85 -- 2016 13.49 12.30 -- 2015 13.13 13.49 -- 2014 9.45 13.13 -- 2013 8.53 9.45 -- 2012 8.96 8.53 -- 2011 7.14 8.96 -- 2010 -----------------------------------------------------------------------------------------------------------------------------

B-93

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ------------------------------------------------------------------------------------------------------------------------ BlackRock Basic Value V.I. Fund -- Class III Shares $13.23 $15.99 722 2019 14.73 13.23 779 2018 13.94 14.73 1,094 2017 12.11 13.94 1,856 2016 13.19 12.11 -- 2015 12.30 13.19 -- 2014 9.14 12.30 -- 2013 8.21 9.14 -- 2012 8.64 8.21 -- 2011 7.85 8.64 -- 2010 ------------------------------------------------------------------------------------------------------------------------ BlackRock Global Allocation V.I. Fund -- Class III Shares $12.75 $14.68 43,984 2019 14.11 12.75 48,897 2018 12.68 14.11 53,188 2017 12.49 12.68 61,420 2016 12.90 12.49 65,310 2015 12.94 12.90 71,481 2014 11.57 12.94 75,713 2013 10.75 11.57 86,107 2012 11.41 10.75 102,134 2011 10.63 11.41 106,137 2010 ------------------------------------------------------------------------------------------------------------------------ BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $18.54 $23.99 -- 2019 18.44 18.54 -- 2018 14.59 18.44 -- 2017 13.87 14.59 -- 2016 13.84 13.87 -- 2015 12.42 13.84 -- 2014 9.50 12.42 -- 2013 8.46 9.50 -- 2012 8.46 8.46 -- 2011 7.51 8.46 -- 2010 ------------------------------------------------------------------------------------------------------------------------ Columbia Funds Variable Series Trust II ------------------------------------------------------------------------------------------------------------------------ CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $12.91 $16.64 691 2019 13.53 12.91 798 2018 10.40 13.53 1,968 2017 10.00 10.40 -- 2016 ------------------------------------------------------------------------------------------------------------------------ Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $ 9.78 $11.97 -- 2019 12.02 9.78 -- 2018 9.66 12.02 -- 2017 10.00 9.66 -- 2016 ------------------------------------------------------------------------------------------------------------------------ Eaton Vance Variable Trust ------------------------------------------------------------------------------------------------------------------------ VT Floating -- Rate Income Fund $11.46 $12.00 1,271 2019 11.73 11.46 1,528 2018 11.59 11.73 894 2017 10.88 11.59 905 2016 11.23 10.88 996 2015 11.42 11.23 2,680 2014 11.25 11.42 2,704 2013 10.72 11.25 1,949 2012 10.68 10.72 -- 2011 10.01 10.68 -- 2010 ------------------------------------------------------------------------------------------------------------------------

B-94

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------- Federated Insurance Series ----------------------------------------------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares $15.35 $17.14 -- 2019 16.26 15.35 -- 2018 15.60 16.26 -- 2017 13.93 15.60 -- 2016 14.64 13.93 -- 2015 14.61 14.64 -- 2014 14.00 14.61 -- 2013 12.53 14.00 -- 2012 12.21 12.53 -- 2011 10.91 12.21 -- 2010 ----------------------------------------------------------------------------------------------------------------------- Federated Kaufmann Fund II -- Service Shares $18.38 $24.01 -- 2019 18.15 18.38 -- 2018 14.50 18.15 -- 2017 14.34 14.50 -- 2016 13.81 14.34 -- 2015 12.90 13.81 -- 2014 9.45 12.90 -- 2013 8.25 9.45 -- 2012 9.76 8.25 3,318 2011 8.47 9.76 3,438 2010 ----------------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund ----------------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $15.37 $18.66 2,512 2019 16.45 15.37 2,804 2018 14.49 16.45 3,068 2017 13.85 14.49 3,327 2016 14.11 13.85 3,563 2015 13.11 14.11 3,887 2014 11.24 13.11 4,204 2013 10.01 11.24 9,423 2012 10.64 10.01 9,892 2011 9.24 10.64 6,890 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Contrafund(R) Portfolio -- Service Class 2 $16.47 $21.14 545 2019 18.04 16.47 627 2018 15.17 18.04 1,479 2017 14.39 15.17 1,028 2016 14.66 14.39 4,517 2015 13.42 14.66 6,173 2014 10.48 13.42 7,609 2013 9.23 10.48 9,121 2012 9.70 9.23 -- 2011 8.49 9.70 -- 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $16.98 $21.55 -- 2019 18.31 16.98 -- 2018 15.15 18.31 -- 2017 15.09 15.15 -- 2016 15.28 15.09 -- 2015 14.12 15.28 -- 2014 10.44 14.12 -- 2013 8.73 10.44 -- 2012 9.18 8.73 -- 2011 7.96 9.18 -- 2010 -----------------------------------------------------------------------------------------------------------------------

B-95

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------- VIP Equity-Income Portfolio -- Service Class 2 $12.58 $15.64 736 2019 14.06 12.58 823 2018 12.76 14.06 1,143 2017 11.09 12.76 -- 2016 11.84 11.09 2,454 2015 11.16 11.84 3,187 2014 8.93 11.16 4,217 2013 7.80 8.93 4,928 2012 7.92 7.80 -- 2011 7.05 7.92 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Growth & Income Portfolio -- Service Class 2 $15.15 $19.22 -- 2019 17.07 15.15 -- 2018 14.96 17.07 -- 2017 13.21 14.96 -- 2016 13.86 13.21 -- 2015 12.86 13.86 -- 2014 9.87 12.86 -- 2013 8.53 9.87 -- 2012 8.61 8.53 -- 2011 7.68 8.61 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Growth Opportunities Portfolio -- Service Class 2 $22.78 $31.31 -- 2019 20.76 22.78 -- 2018 15.82 20.76 -- 2017 16.17 15.82 -- 2016 15.69 16.17 1,679 2015 14.33 15.69 961 2014 10.65 14.33 1,096 2013 10.00 10.65 1,383 2012 ---------------------------------------------------------------------------------------------------------------- VIP Growth Portfolio -- Service Class 2 $19.92 $26.10 -- 2019 20.46 19.92 -- 2018 15.52 20.46 -- 2017 15.78 15.52 -- 2016 15.09 15.78 -- 2015 13.90 15.09 -- 2014 10.45 13.90 -- 2013 9.34 10.45 -- 2012 9.55 9.34 -- 2011 7.89 9.55 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Investment Grade Bond Portfolio -- Service Class 2 $11.80 $12.63 3,008 2019 12.16 11.80 3,010 2018 11.96 12.16 6,024 2017 11.70 11.96 6,144 2016 12.07 11.70 5,549 2015 11.68 12.07 4,363 2014 12.20 11.68 5,272 2013 11.81 12.20 5,385 2012 11.28 11.81 -- 2011 10.73 11.28 -- 2010 ---------------------------------------------------------------------------------------------------------------- VIP Mid Cap Portfolio -- Service Class 2 $15.85 $19.10 1,005 2019 19.02 15.85 1,081 2018 16.13 19.02 1,426 2017 14.74 16.13 1,608 2016 15.32 14.74 1,466 2015 14.77 15.32 3,458 2014 11.12 14.77 3,195 2013 9.92 11.12 3,989 2012 11.38 9.92 -- 2011 9.05 11.38 -- 2010 ----------------------------------------------------------------------------------------------------------------

B-96

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- VIP Value Strategies Portfolio -- Service Class 2 $13.00 $17.04 -- 2019 16.11 13.00 -- 2018 13.83 16.11 -- 2017 12.94 13.83 -- 2016 13.67 12.94 -- 2015 13.12 13.67 -- 2014 10.31 13.12 -- 2013 8.29 10.31 -- 2012 9.32 8.29 -- 2011 7.54 9.32 -- 2010 ----------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust ----------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $11.07 $12.98 28,424 2019 12.53 11.07 29,153 2018 11.44 12.53 29,810 2017 10.34 11.44 30,485 2016 11.27 10.34 31,471 2015 11.20 11.27 32,117 2014 9.26 11.20 39,316 2013 8.21 9.26 41,095 2012 8.52 8.21 42,778 2011 7.90 8.52 46,350 2010 ----------------------------------------------------------------------------------------------------------- Franklin Income VIP Fund -- Class 2 Shares $13.08 $14.85 75,165 2019 13.98 13.08 83,052 2018 13.03 13.98 94,624 2017 11.69 13.03 101,469 2016 12.86 11.69 115,301 2015 12.57 12.86 121,483 2014 11.28 12.57 132,427 2013 10.24 11.28 146,425 2012 10.22 10.24 161,705 2011 9.28 10.22 191,077 2010 ----------------------------------------------------------------------------------------------------------- Franklin Mutual Shares VIP Fund -- Class 2 Shares $11.79 $14.14 -- 2019 13.26 11.79 -- 2018 12.52 13.26 -- 2017 11.03 12.52 -- 2016 11.86 11.03 -- 2015 11.32 11.86 -- 2014 9.03 11.32 -- 2013 8.08 9.03 -- 2012 8.35 8.08 3,406 2011 7.67 8.35 3,979 2010 ----------------------------------------------------------------------------------------------------------- Templeton Growth VIP Fund -- Class 2 Shares $ 9.45 $10.64 -- 2019 11.35 9.45 -- 2018 9.79 11.35 -- 2017 9.13 9.79 -- 2016 9.98 9.13 -- 2015 10.50 9.98 -- 2014 8.21 10.50 -- 2013 6.93 8.21 -- 2012 7.62 6.93 -- 2011 7.26 7.62 -- 2010 -----------------------------------------------------------------------------------------------------------

B-97

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $ 8.85 $ 8.82 -- 2019 8.92 8.85 -- 2018 9.07 8.92 -- 2017 9.27 9.07 -- 2016 9.48 9.27 -- 2015 9.69 9.48 -- 2014 9.91 9.69 -- 2013 10.00 9.91 -- 2012 ---------------------------------------------------------------------------------------------------------------------- Janus Aspen Series ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $17.74 $21.22 4,789 2019 18.07 17.74 5,319 2018 15.64 18.07 5,986 2017 15.32 15.64 6,569 2016 15.60 15.32 6,945 2015 14.74 15.60 7,547 2014 12.58 14.74 8,227 2013 11.35 12.58 13,322 2012 11.45 11.35 13,855 2011 10.82 11.45 10,079 2010 ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Forty Portfolio -- Service Shares $22.16 $29.66 -- 2019 22.28 22.16 -- 2018 17.52 22.28 -- 2017 17.57 17.52 887 2016 16.05 17.57 925 2015 15.13 16.05 1,411 2014 11.82 15.13 1,558 2013 9.76 11.82 1,873 2012 10.72 9.76 1,871 2011 10.30 10.72 2,067 2010 ---------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $17.08 $20.84 -- 2019 19.11 17.08 -- 2018 16.84 19.11 -- 2017 17.06 16.84 -- 2016 17.79 17.06 -- 2015 15.15 17.79 -- 2014 10.51 15.15 -- 2013 9.07 10.51 -- 2012 9.08 9.07 -- 2011 7.45 9.08 -- 2010 ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Dividend Strategy Portfolio -- Class II $15.14 $19.46 -- 2019 16.30 15.14 -- 2018 14.00 16.30 -- 2017 12.47 14.00 -- 2016 13.34 12.47 -- 2015 12.02 13.34 -- 2014 9.78 12.02 -- 2013 8.77 9.78 -- 2012 8.32 8.77 -- 2011 7.59 8.32 -- 2010 ----------------------------------------------------------------------------------------------------------------------

B-98

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Large Cap Value Portfolio -- Class I $10.42 $13.13 -- 2019 11.69 10.42 -- 2018 10.41 11.69 -- 2017 9.42 10.41 -- 2016 9.92 9.42 -- 2015 10.00 9.92 -- 2014 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $16.67 $21.40 -- 2019 18.08 16.67 -- 2018 15.03 18.08 -- 2017 14.18 15.03 -- 2016 14.51 14.18 -- 2015 13.40 14.51 -- 2014 10.40 13.40 -- 2013 8.95 10.40 -- 2012 9.38 8.95 -- 2011 8.65 9.38 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Total Return Series -- Service Class Shares $13.16 $15.46 654 2019 14.30 13.16 741 2018 13.05 14.30 2,264 2017 12.26 13.05 2,416 2016 12.61 12.26 2,601 2015 11.91 12.61 2,840 2014 10.26 11.91 3,108 2013 9.46 10.26 3,402 2012 9.52 9.46 3,596 2011 8.88 9.52 3,900 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Utilities Series -- Service Class Shares $16.24 $19.82 -- 2019 16.47 16.24 -- 2018 14.71 16.47 -- 2017 13.52 14.71 -- 2016 16.22 13.52 -- 2015 14.74 16.22 -- 2014 12.54 14.74 -- 2013 11.33 12.54 -- 2012 10.87 11.33 -- 2011 9.79 10.87 -- 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $12.34 $16.84 -- 2019 12.54 12.34 -- 2018 10.01 12.54 -- 2017 9.67 10.01 -- 2016 10.00 9.67 -- 2015 -------------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $12.32 $13.47 -- 2019 13.33 12.32 -- 2018 12.02 13.33 -- 2017 10.88 12.02 -- 2016 12.25 10.88 -- 2015 12.47 12.25 -- 2014 12.74 12.47 -- 2013 11.35 12.74 -- 2012 11.38 11.35 -- 2011 10.30 11.38 -- 2010 --------------------------------------------------------------------------------------------------------------------------------

B-99

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------------- High Yield Portfolio -- Administrative Class Shares $14.46 $16.23 940 2019 15.19 14.46 725 2018 14.57 15.19 690 2017 13.25 14.57 721 2016 13.77 13.25 2,061 2015 13.63 13.77 1,649 2014 13.18 13.63 1,135 2013 11.79 13.18 1,109 2012 11.67 11.79 2,329 2011 10.42 11.67 2,854 2010 ---------------------------------------------------------------------------------------------------------------------------- Long-Term U.S. Government Portfolio -- Administrative Class Shares $15.81 $17.52 855 2019 16.56 15.81 682 2018 15.54 16.56 634 2017 15.78 15.54 678 2016 16.37 15.78 -- 2015 13.49 16.37 -- 2014 15.85 13.49 -- 2013 15.52 15.85 -- 2012 12.41 15.52 -- 2011 11.37 12.41 -- 2010 ---------------------------------------------------------------------------------------------------------------------------- Low Duration Portfolio -- Administrative Class Shares $10.88 $11.07 1,030 2019 11.09 10.88 976 2018 11.19 11.09 943 2017 11.28 11.19 937 2016 11.50 11.28 2,399 2015 11.66 11.50 8,492 2014 11.94 11.66 7,940 2013 11.53 11.94 7,344 2012 11.66 11.53 9,477 2011 11.32 11.66 11,389 2010 ---------------------------------------------------------------------------------------------------------------------------- Total Return Portfolio -- Administrative Class Shares $13.39 $14.19 2,674 2019 13.76 13.39 2,920 2018 13.41 13.76 5,325 2017 13.36 13.41 5,484 2016 13.59 13.36 6,072 2015 13.33 13.59 4,427 2014 13.90 13.33 5,203 2013 12.97 13.90 4,732 2012 12.80 12.97 7,052 2011 12.11 12.80 8,661 2010 ---------------------------------------------------------------------------------------------------------------------------- Rydex Variable Trust ---------------------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $25.79 $34.52 -- 2019 26.86 25.79 -- 2018 20.94 26.86 -- 2017 20.20 20.94 -- 2016 19.08 20.20 -- 2015 16.62 19.08 -- 2014 12.62 16.62 -- 2013 11.05 12.62 -- 2012 11.06 11.05 -- 2011 9.54 11.06 -- 2010 ----------------------------------------------------------------------------------------------------------------------------

B-100

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. -------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $10.81 $11.49 -- 2019 11.22 10.81 -- 2018 11.11 11.22 -- 2017 11.03 11.11 -- 2016 11.32 11.03 -- 2015 11.01 11.32 -- 2014 11.42 11.01 -- 2013 11.04 11.42 -- 2012 10.53 11.04 -- 2011 10.01 10.53 -- 2010 -------------------------------------------------------------------------------------------------------------- Premier Growth Equity V.I.S. Fund -- Class 1 Shares $19.43 $26.10 -- 2019 20.41 19.43 -- 2018 16.26 20.41 -- 2017 16.23 16.26 -- 2016 16.06 16.23 -- 2015 14.40 16.06 -- 2014 10.92 14.40 -- 2013 9.23 10.92 -- 2012 9.40 9.23 -- 2011 8.61 9.40 -- 2010 -------------------------------------------------------------------------------------------------------------- Real Estate Securities V.I.S. Fund -- Class 1 Shares $14.36 $17.72 437 2019 15.58 14.36 474 2018 15.05 15.58 676 2017 14.25 15.05 708 2016 13.93 14.25 770 2015 10.80 13.93 1,079 2014 10.76 10.80 2,152 2013 9.42 10.76 687 2012 8.77 9.42 983 2011 6.95 8.77 1,280 2010 -------------------------------------------------------------------------------------------------------------- S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $16.73 $21.44 -- 2019 17.96 16.73 -- 2018 15.11 17.96 -- 2017 13.84 15.11 -- 2016 14.01 13.84 -- 2015 12.64 14.01 -- 2014 9.79 12.64 -- 2013 8.66 9.79 -- 2012 8.70 8.66 -- 2011 7.75 8.70 -- 2010 -------------------------------------------------------------------------------------------------------------- Small-Cap Equity V.I.S. Fund -- Class 1 Shares $16.59 $20.46 -- 2019 18.79 16.59 -- 2018 17.04 18.79 -- 2017 14.08 17.04 -- 2016 15.01 14.08 -- 2015 14.80 15.01 -- 2014 11.05 14.80 -- 2013 9.86 11.05 -- 2012 9.78 9.86 -- 2011 7.84 9.78 -- 2010 --------------------------------------------------------------------------------------------------------------

B-101

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- Total Return V.I.S. Fund -- Class 3 Shares $11.74 $13.26 306,786 2019 12.85 11.74 334,700 2018 11.40 12.85 364,645 2017 10.99 11.40 397,567 2016 11.39 10.99 426,502 2015 11.08 11.39 462,393 2014 9.88 11.08 496,297 2013 9.00 9.88 533,060 2012 9.50 9.00 566,231 2011 8.88 9.50 618,038 2010 ----------------------------------------------------------------------------------------------------------- U.S. Equity V.I.S. Fund -- Class 1 Shares $16.05 $20.68 -- 2019 16.99 16.05 -- 2018 14.49 16.99 -- 2017 13.55 14.49 -- 2016 14.18 13.55 -- 2015 12.86 14.18 -- 2014 9.82 12.86 -- 2013 8.67 9.82 -- 2012 9.13 8.67 -- 2011 8.47 9.13 -- 2010 ----------------------------------------------------------------------------------------------------------- The Prudential Series Fund ----------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $16.39 $20.58 -- 2019 17.77 16.39 -- 2018 14.01 17.77 -- 2017 14.15 14.01 -- 2016 13.66 14.15 -- 2015 13.09 13.66 -- 2014 10.35 13.09 -- 2013 9.57 10.35 -- 2012 10.24 9.57 -- 2011 9.76 10.24 -- 2010 ----------------------------------------------------------------------------------------------------------- Jennison Portfolio -- Class II Shares $21.56 $28.01 -- 2019 22.31 21.56 -- 2018 16.76 22.31 -- 2017 17.36 16.76 -- 2016 15.98 17.36 -- 2015 14.91 15.98 -- 2014 11.12 14.91 -- 2013 9.83 11.12 -- 2012 10.06 9.83 -- 2011 9.23 10.06 -- 2010 ----------------------------------------------------------------------------------------------------------- Natural Resources Portfolio -- Class II Shares $ 5.88 $ 6.34 2,437 2019 7.37 5.88 2,346 2018 7.57 7.37 2,275 2017 6.20 7.57 1,351 2016 8.92 6.20 865 2015 11.37 8.92 860 2014 10.59 11.37 691 2013 11.15 10.59 700 2012 14.14 11.15 -- 2011 11.34 14.14 -- 2010 -----------------------------------------------------------------------------------------------------------

B-102

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust ----------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $23.89 $32.01 -- 2019 24.36 23.89 -- 2018 18.50 24.36 -- 2017 18.82 18.50 -- 2016 18.99 18.82 -- 2015 18.69 18.99 -- 2014 13.66 18.69 -- 2013 11.61 13.66 -- 2012 12.56 11.61 -- 2011 10.00 12.56 -- 2010 -----------------------------------------------------------------------------------------------------

B-103 With Separate Account Expenses of 1.55%

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------- AB Variable Products Series Fund, Inc. ---------------------------------------------------------------------------------------------------------- AB Balanced Wealth Strategy Portfolio -- Class B $12.89 $15.00 31,349 2019 13.99 12.89 35,563 2018 12.29 13.99 39,495 2017 11.95 12.29 34,149 2016 11.98 11.95 66,681 2015 11.36 11.98 80,295 2014 9.93 11.36 80,854 2013 8.89 9.93 100,888 2012 9.32 8.89 95,567 2011 8.58 9.32 89,090 2010 ---------------------------------------------------------------------------------------------------------- AB Global Thematic Growth Portfolio -- Class B $19.64 $25.09 17,302 2019 22.16 19.64 17,977 2018 16.51 22.16 19,278 2017 16.92 16.51 21,850 2016 16.74 16.92 22,116 2015 16.23 16.74 26,580 2014 13.41 16.23 47,135 2013 12.03 13.41 46,191 2012 15.95 12.03 63,303 2011 13.66 15.95 65,218 2010 ---------------------------------------------------------------------------------------------------------- AB Growth and Income Portfolio -- Class B $21.90 $26.66 280,344 2019 23.63 21.90 307,672 2018 20.24 23.63 342,846 2017 18.51 20.24 393,620 2016 18.53 18.51 460,430 2015 17.22 18.53 540,305 2014 13.00 17.22 649,201 2013 11.26 13.00 741,347 2012 10.78 11.26 952,877 2011 9.71 10.78 1,299,285 2010 ---------------------------------------------------------------------------------------------------------- AB International Value Portfolio -- Class B $ 9.53 $10.96 86,146 2019 12.57 9.53 101,124 2018 10.21 12.57 119,690 2017 10.45 10.21 177,885 2016 10.36 10.45 197,239 2015 11.25 10.36 218,272 2014 9.31 11.25 251,756 2013 8.28 9.31 358,775 2012 10.44 8.28 413,096 2011 10.17 10.44 478,820 2010 ---------------------------------------------------------------------------------------------------------- AB Large Cap Growth Portfolio -- Class B $17.93 $23.72 106,040 2019 17.80 17.93 114,072 2018 13.73 17.80 125,856 2017 13.63 13.73 145,625 2016 12.49 13.63 164,784 2015 11.14 12.49 199,281 2014 8.26 11.14 242,901 2013 7.19 8.26 287,956 2012 7.59 7.19 356,250 2011 7.02 7.59 494,513 2010 ----------------------------------------------------------------------------------------------------------

B-104

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year --------------------------------------------------------------------------------------------------------------------------------- AB Small Cap Growth Portfolio -- Class B $26.07 $34.91 20,688 2019 26.78 26.07 22,198 2018 20.33 26.78 21,960 2017 19.44 20.33 32,605 2016 20.06 19.44 49,269 2015 20.80 20.06 68,321 2014 14.54 20.80 61,820 2013 12.87 14.54 74,005 2012 12.55 12.87 97,990 2011 9.33 12.55 154,616 2010 --------------------------------------------------------------------------------------------------------------------------------- AIM Variable Insurance Funds (Invesco Variable Insurance Funds) --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Capital Appreciation Fund -- Series II Shares $22.87 $30.59 28,806 2019 24.71 22.87 33,074 2018 19.84 24.71 35,997 2017 20.65 19.84 42,909 2016 20.31 20.65 59,457 2015 17.92 20.31 65,012 2014 14.06 17.92 69,512 2013 12.55 14.06 80,377 2012 12.92 12.55 100,339 2011 12.03 12.92 125,370 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Conservative Balanced Fund -- Series II Shares $12.04 $13.90 58,733 2019 12.95 12.04 39,532 2018 12.07 12.95 37,888 2017 11.68 12.07 43,137 2016 11.80 11.68 40,689 2015 11.10 11.80 48,281 2014 9.99 11.10 94,239 2013 9.05 9.99 116,591 2012 9.16 9.05 139,741 2011 8.25 9.16 170,427 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund -- Series II Shares $25.87 $35.40 29,536 2019 28.05 25.87 27,224 2018 22.18 28.05 29,527 2017 22.06 22.18 31,625 2016 21.07 22.06 44,219 2015 20.28 21.07 42,092 2014 15.19 20.28 53,296 2013 13.28 15.19 59,912 2012 13.38 13.28 79,516 2011 10.69 13.38 95,543 2010 --------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Global Fund -- Series II Shares $22.29 $28.85 228,050 2019 26.15 22.29 270,068 2018 19.48 26.15 312,114 2017 19.82 19.48 358,101 2016 19.42 19.82 420,789 2015 19.32 19.42 479,290 2014 15.46 19.32 540,282 2013 12.98 15.46 667,545 2012 14.41 12.98 875,275 2011 12.65 14.41 1,074,221 2010 ---------------------------------------------------------------------------------------------------------------------------------

B-105

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares $18.11 $23.48 207,689 20.01 18.11 229,777 17.43 20.01 239,877 15.90 17.43 271,726 15.67 15.90 309,139 14.41 15.67 370,914 11.14 14.41 431,564 9.70 11.14 511,054 9.89 9.70 752,178 8.67 9.89 958,667 -------------------------------------------------------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares $34.00 $42.22 72,170 38.60 34.00 79,967 34.42 38.60 92,339 29.71 34.42 97,922 32.13 29.71 117,253 29.23 32.13 129,758 21.11 29.23 169,021 18.23 21.11 189,818 18.96 18.23 241,280 15.65 18.96 318,718 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares $17.60 $23.69 36,127 18.55 17.60 42,301 14.79 18.55 47,504 14.69 14.79 51,709 14.21 14.69 61,039 13.31 14.21 73,913 9.65 13.31 127,329 10.00 9.65 147,097 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series II shares $20.87 $28.04 9,983 22.06 20.87 10,964 17.64 22.06 13,979 17.56 17.64 14,964 17.03 17.56 20,719 15.99 17.03 27,368 11.62 15.99 40,843 10.41 11.62 60,254 11.29 10.41 74,199 9.59 11.29 117,430 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares $21.10 $25.96 121,206 24.46 21.10 127,524 21.13 24.46 142,650 18.34 21.13 179,602 19.86 18.34 190,165 18.49 19.86 228,204 13.85 18.49 263,727 11.83 13.85 282,783 12.27 11.83 360,860 10.77 12.27 436,407 -------------------------------------------------------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares $16.12 $20.47 135,773 18.07 16.12 185,402 16.22 18.07 185,476 14.94 16.22 207,943 16.10 14.94 187,922 15.12 16.10 214,112 11.89 15.12 245,129 10.60 11.89 281,971 10.77 10.60 320,149 9.99 10.77 385,311 --------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco Oppenheimer V.I. Main Street Small Cap Fund(R) -- Series II Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 ----------------------------------------------------------------------------------- Invesco V.I. American Franchise Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Comstock Fund -- Series II shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------- Invesco V.I. Core Equity Fund -- Series I shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 -----------------------------------------------------------------------------------

B-106

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ------------------------------------------------------------------------------------------------------------------------------ Invesco V.I. Equity and Income Fund -- Series II shares $14.69 $17.36 27,150 2019 16.53 14.69 28,088 2018 15.16 16.53 27,535 2017 13.41 15.16 24,307 2016 13.98 13.41 33,733 2015 13.05 13.98 31,873 2014 10.62 13.05 41,425 2013 9.59 10.62 25,915 2012 9.87 9.59 13,946 2011 8.95 9.87 21,693 2010 ------------------------------------------------------------------------------------------------------------------------------ Invesco V.I. International Growth Fund -- Series II shares $17.04 $21.52 91,701 2019 20.41 17.04 100,897 2018 16.90 20.41 111,460 2017 17.28 16.90 119,074 2016 18.02 17.28 147,209 2015 18.29 18.02 144,504 2014 15.65 18.29 165,868 2013 13.79 15.65 207,495 2012 15.06 13.79 253,686 2011 13.58 15.06 316,864 2010 ------------------------------------------------------------------------------------------------------------------------------ Invesco V.I. Value Opportunities Fund -- Series II shares $16.66 $21.34 38,551 2019 20.98 16.66 46,033 2018 18.18 20.98 51,182 2017 15.66 18.18 55,939 2016 17.80 15.66 73,158 2015 17.00 17.80 86,519 2014 12.95 17.00 110,646 2013 11.18 12.95 119,478 2012 11.76 11.18 163,345 2011 11.17 11.76 215,206 2010 ------------------------------------------------------------------------------------------------------------------------------ American Century Variable Portfolios II, Inc. ------------------------------------------------------------------------------------------------------------------------------ VP Inflation Protection Fund -- Class II $12.00 $12.86 51,976 2019 12.54 12.00 62,180 2018 12.28 12.54 66,970 2017 11.95 12.28 72,529 2016 12.45 11.95 60,872 2015 12.24 12.45 128,472 2014 13.58 12.24 179,406 2013 12.85 13.58 269,063 2012 11.68 12.85 228,907 2011 11.29 11.68 288,545 2010 ------------------------------------------------------------------------------------------------------------------------------ BNY Mellon ------------------------------------------------------------------------------------------------------------------------------ BNY Mellon Sustainable U.S. Equity Portfolio, Inc. -- Initial Shares $13.73 $18.16 1,219 2019 14.59 13.73 1,328 2018 12.85 14.59 1,425 2017 11.82 12.85 1,597 2016 12.40 11.82 2,030 2015 11.10 12.40 3,475 2014 8.39 11.10 3,632 2013 7.62 8.39 6,902 2012 7.67 7.62 15,436 2011 6.78 7.67 16,915 2010 ------------------------------------------------------------------------------------------------------------------------------

B-107

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------------- BlackRock Variable Series Funds, Inc. ----------------------------------------------------------------------------------------------------------------------------- BlackRock Advantage U.S. Total Market V.I. Fund -- Class III Shares $21.78 $27.59 17,733 2019 23.70 21.78 22,915 2018 21.15 23.70 26,394 2017 17.41 21.15 26,448 2016 18.97 17.41 32,945 2015 18.33 18.97 35,259 2014 13.11 18.33 34,797 2013 11.75 13.11 37,077 2012 12.26 11.75 71,458 2011 9.70 12.26 78,206 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Basic Value V.I. Fund -- Class III Shares $18.83 $22.90 29,768 2019 20.82 18.83 31,503 2018 19.58 20.82 34,487 2017 16.89 19.58 54,218 2016 18.28 16.89 37,123 2015 16.94 18.28 39,668 2014 12.50 16.94 45,963 2013 11.15 12.50 67,676 2012 11.65 11.15 78,869 2011 10.52 11.65 96,660 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Global Allocation V.I. Fund -- Class III Shares $17.46 $20.24 136,321 2019 19.19 17.46 176,332 2018 17.14 19.19 191,248 2017 16.77 17.14 226,758 2016 17.21 16.77 243,580 2015 17.15 17.21 302,062 2014 15.22 17.15 345,477 2013 14.06 15.22 349,314 2012 14.82 14.06 400,712 2011 13.71 14.82 493,845 2010 ----------------------------------------------------------------------------------------------------------------------------- BlackRock Large Cap Focus Growth V.I. Fund -- Class III Shares $25.12 $32.73 32,207 2019 24.83 25.12 32,962 2018 19.52 24.83 33,391 2017 18.43 19.52 36,082 2016 18.26 18.43 35,564 2015 16.28 18.26 37,344 2014 12.38 16.28 60,895 2013 10.95 12.38 66,347 2012 10.87 10.95 62,676 2011 9.59 10.87 70,964 2010 ----------------------------------------------------------------------------------------------------------------------------- Columbia Funds Variable Series Trust II ----------------------------------------------------------------------------------------------------------------------------- CTIVP/SM/ -- Loomis Sayles Growth Fund -- Class 1 $13.14 $17.05 87,371 2019 13.68 13.14 112,494 2018 10.44 13.68 153,395 2017 10.00 10.44 147,627 2016 ----------------------------------------------------------------------------------------------------------------------------- Columbia Variable Portfolio -- Overseas Core Fund -- Class 2 $ 9.95 $12.26 115,232 2019 12.15 9.95 131,842 2018 9.70 12.15 152,278 2017 10.00 9.70 186,434 2016 -----------------------------------------------------------------------------------------------------------------------------

B-108

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------- Eaton Vance Variable Trust -------------------------------------------------------------------------------------------------------------- VT Floating -- Rate Income Fund $13.50 $14.24 168,325 2019 13.73 13.50 215,576 2018 13.48 13.73 201,435 2017 12.57 13.48 201,248 2016 12.89 12.57 226,528 2015 13.02 12.89 291,438 2014 12.73 13.02 370,933 2013 12.05 12.73 412,014 2012 11.94 12.05 418,900 2011 11.11 11.94 539,741 2010 -------------------------------------------------------------------------------------------------------------- Federated Insurance Series -------------------------------------------------------------------------------------------------------------- Federated High Income Bond Fund II -- Service Shares $23.50 $26.41 59,134 2019 24.72 23.50 68,487 2018 23.56 24.72 85,710 2017 20.90 23.56 96,622 2016 21.82 20.90 119,950 2015 21.64 21.82 152,170 2014 20.59 21.64 188,698 2013 18.30 20.59 257,477 2012 17.71 18.30 284,853 2011 15.73 17.71 371,244 2010 -------------------------------------------------------------------------------------------------------------- Federated Kaufmann Fund II -- Service Shares $36.74 $48.29 45,196 2019 36.03 36.74 51,880 2018 28.60 36.03 61,410 2017 28.08 28.60 65,716 2016 26.87 28.08 77,838 2015 24.94 26.87 90,504 2014 18.14 24.94 120,208 2013 15.74 18.14 162,472 2012 18.48 15.74 241,964 2011 15.94 18.48 299,759 2010 -------------------------------------------------------------------------------------------------------------- Fidelity(R) Variable Insurance Products Fund -------------------------------------------------------------------------------------------------------------- VIP Asset Manager/SM/ Portfolio -- Service Class 2 $16.29 $18.93 22,339 2019 17.54 16.29 22,752 2018 15.66 17.54 21,132 2017 15.47 15.66 21,261 2016 15.72 15.47 24,570 2015 15.13 15.72 35,545 2014 13.32 15.13 39,262 2013 12.06 13.32 43,846 2012 12.60 12.06 69,065 2011 11.23 12.60 98,659 2010 -------------------------------------------------------------------------------------------------------------- VIP Balanced Portfolio -- Service Class 2 $17.40 $21.27 61,251 2019 18.50 17.40 69,561 2018 16.18 18.50 70,152 2017 15.36 16.18 73,733 2016 15.55 15.36 64,162 2015 14.35 15.55 101,863 2014 12.22 14.35 113,749 2013 10.81 12.22 88,588 2012 11.42 10.81 83,419 2011 9.85 11.42 109,708 2010 --------------------------------------------------------------------------------------------------------------

B-109

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------- VIP Contrafund(R) Portfolio -- Service Class 2 $25.49 $32.95 387,736 2019 27.74 25.49 454,468 2018 23.17 27.74 508,826 2017 21.84 23.17 571,052 2016 22.09 21.84 713,082 2015 20.10 22.09 843,331 2014 15.59 20.10 1,044,512 2013 13.63 15.59 1,348,538 2012 14.24 13.63 1,518,001 2011 12.37 14.24 1,954,478 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Dynamic Capital Appreciation Portfolio -- Service Class 2 $28.87 $36.90 7,002 2019 30.92 28.87 8,009 2018 25.43 30.92 8,214 2017 25.16 25.43 12,713 2016 25.30 25.16 13,498 2015 23.22 25.30 15,537 2014 17.06 23.22 18,503 2013 14.17 17.06 23,067 2012 14.80 14.17 35,156 2011 12.74 14.80 42,672 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Equity-Income Portfolio -- Service Class 2 $18.70 $23.41 324,462 2019 20.77 18.70 374,421 2018 18.73 20.77 407,862 2017 16.16 18.73 454,054 2016 17.14 16.16 557,550 2015 16.05 17.14 658,913 2014 12.75 16.05 763,569 2013 11.07 12.75 909,207 2012 11.17 11.07 979,264 2011 9.87 11.17 1,399,832 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Growth & Income Portfolio -- Service Class 2 $17.99 $22.97 132,619 2019 20.13 17.99 139,492 2018 17.53 20.13 149,757 2017 15.38 17.53 160,996 2016 16.02 15.38 179,052 2015 14.77 16.02 194,380 2014 11.25 14.77 228,323 2013 9.67 11.25 268,247 2012 9.69 9.67 330,338 2011 8.59 9.69 413,272 2010 ----------------------------------------------------------------------------------------------------------------------- VIP Growth Opportunities Portfolio -- Service Class 2 $23.86 $33.00 14,169 2019 21.60 23.86 17,012 2018 16.35 21.60 18,737 2017 16.59 16.35 23,432 2016 16.00 16.59 63,632 2015 14.52 16.00 45,868 2014 10.72 14.52 47,743 2013 10.00 10.72 69,149 2012 ----------------------------------------------------------------------------------------------------------------------- VIP Growth Portfolio -- Service Class 2 $17.27 $22.77 118,362 2019 17.61 17.27 125,857 2018 13.27 17.61 162,388 2017 13.40 13.27 183,317 2016 12.74 13.40 217,252 2015 11.65 12.74 293,513 2014 8.70 11.65 321,139 2013 7.73 8.70 391,776 2012 7.85 7.73 492,606 2011 6.44 7.85 678,066 2010 -----------------------------------------------------------------------------------------------------------------------

B-110

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------- VIP Investment Grade Bond Portfolio -- Service Class 2 $12.75 $13.74 72,930 2019 13.06 12.75 92,318 2018 12.75 13.06 117,109 2017 12.40 12.75 145,138 2016 12.70 12.40 180,250 2015 12.21 12.70 156,732 2014 12.67 12.21 184,863 2013 12.18 12.67 296,727 2012 11.56 12.18 159,246 2011 10.92 11.56 166,136 2010 ---------------------------------------------------------------------------------------------------------------- VIP Mid Cap Portfolio -- Service Class 2 $33.74 $40.91 177,195 2019 40.21 33.74 205,769 2018 33.88 40.21 243,070 2017 30.75 33.88 291,555 2016 31.75 30.75 357,794 2015 30.41 31.75 424,301 2014 22.73 30.41 496,132 2013 20.16 22.73 610,574 2012 22.96 20.16 698,331 2011 18.14 22.96 922,626 2010 ---------------------------------------------------------------------------------------------------------------- VIP Value Strategies Portfolio -- Service Class 2 $18.28 $24.14 9,226 2019 22.51 18.28 9,044 2018 19.20 22.51 10,097 2017 17.84 19.20 16,250 2016 18.72 17.84 16,715 2015 17.85 18.72 18,783 2014 13.93 17.85 23,193 2013 11.14 13.93 39,692 2012 12.43 11.14 46,612 2011 10.00 12.43 71,376 2010 ---------------------------------------------------------------------------------------------------------------- Franklin Templeton Variable Insurance Products Trust ---------------------------------------------------------------------------------------------------------------- Franklin Allocation VIP Fund -- Class 2 Shares $11.94 $14.09 40,012 2019 13.42 11.94 56,383 2018 12.18 13.42 63,745 2017 10.93 12.18 73,053 2016 11.83 10.93 79,682 2015 11.69 11.83 91,206 2014 9.59 11.69 85,848 2013 8.45 9.59 159,122 2012 8.71 8.45 179,248 2011 8.03 8.71 180,713 2010 ---------------------------------------------------------------------------------------------------------------- Franklin Income VIP Fund -- Class 2 Shares $17.12 $19.56 179,003 2019 18.17 17.12 217,126 2018 16.83 18.17 244,597 2017 14.99 16.83 269,825 2016 16.38 14.99 358,236 2015 15.91 16.38 474,741 2014 14.18 15.91 583,735 2013 12.79 14.18 653,580 2012 12.68 12.79 812,600 2011 11.43 12.68 902,882 2010 ----------------------------------------------------------------------------------------------------------------

B-111

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Franklin Mutual Shares VIP Fund -- Class 2 Shares $13.94 $16.82 58,363 2019 15.57 13.94 68,732 2018 14.59 15.57 78,070 2017 12.77 14.59 96,044 2016 13.65 12.77 102,753 2015 12.94 13.65 133,142 2014 10.25 12.94 152,751 2013 9.11 10.25 191,591 2012 9.35 9.11 325,364 2011 8.54 9.35 398,319 2010 ---------------------------------------------------------------------------------------------------------------------- Templeton Growth VIP Fund -- Class 2 Shares $11.28 $12.79 33,221 2019 13.45 11.28 42,654 2018 11.53 13.45 41,466 2017 10.68 11.53 57,506 2016 11.60 10.68 67,093 2015 12.13 11.60 86,040 2014 9.42 12.13 90,564 2013 7.90 9.42 98,754 2012 8.63 7.90 113,255 2011 8.16 8.63 147,533 2010 ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Government Money Market Fund -- Service Shares $ 9.24 $ 9.26 1,061,409 2019 9.24 9.24 1,103,700 2018 9.34 9.24 1,117,246 2017 9.48 9.34 1,144,449 2016 9.63 9.48 1,178,599 2015 9.78 9.63 1,684,397 2014 9.94 9.78 1,836,236 2013 10.00 9.94 2,775,802 2012 ---------------------------------------------------------------------------------------------------------------------- Goldman Sachs Mid Cap Value Fund -- Institutional Shares $40.97 $53.05 32,262 2019 46.48 40.97 35,239 2018 42.50 46.48 38,256 2017 38.02 42.50 42,100 2016 42.55 38.02 46,001 2015 38.06 42.55 49,968 2014 29.09 38.06 54,381 2013 24.94 29.09 65,885 2012 27.06 24.94 75,323 2011 21.98 27.06 91,603 2010 ---------------------------------------------------------------------------------------------------------------------- Janus Aspen Series ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Balanced Portfolio -- Service Shares $23.36 $28.12 313,392 2019 23.62 23.36 348,757 2018 20.31 23.62 388,001 2017 19.77 20.31 439,896 2016 20.00 19.77 479,851 2015 18.77 20.00 535,940 2014 15.91 18.77 631,234 2013 14.26 15.91 662,785 2012 14.29 14.26 864,816 2011 13.42 14.29 1,081,847 2010 ----------------------------------------------------------------------------------------------------------------------

B-112

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------------------- Janus Henderson Enterprise Portfolio -- Service Shares $20.73 $27.59 43,966 2019 21.20 20.73 57,327 2018 16.94 21.20 57,292 2017 15.35 16.94 61,207 2016 15.03 15.35 72,198 2015 13.60 15.03 88,055 2014 10.46 13.60 108,008 2013 9.08 10.46 137,964 2012 9.38 9.08 183,863 2011 7.59 9.38 222,318 2010 ----------------------------------------------------------------------------------------------------------------------- Janus Henderson Forty Portfolio -- Service Shares $25.57 $34.45 63,789 2019 25.54 25.57 70,876 2018 19.95 25.54 85,091 2017 19.88 19.95 112,884 2016 18.04 19.88 130,787 2015 16.89 18.04 168,715 2014 13.11 16.89 221,094 2013 10.75 13.11 263,867 2012 11.73 10.75 356,537 2011 11.19 11.73 475,584 2010 ----------------------------------------------------------------------------------------------------------------------- Janus Henderson Global Research Portfolio -- Service Shares $11.02 $13.96 43,187 2019 12.05 11.02 56,887 2018 9.66 12.05 65,515 2017 9.63 9.66 74,784 2016 10.04 9.63 91,650 2015 9.51 10.04 112,062 2014 7.54 9.51 132,157 2013 6.39 7.54 166,258 2012 7.55 6.39 216,874 2011 6.64 7.55 243,061 2010 ----------------------------------------------------------------------------------------------------------------------- Janus Henderson Global Technology Portfolio -- Service Shares $12.58 $17.94 38,986 2019 12.67 12.58 40,873 2018 8.88 12.67 40,886 2017 7.92 8.88 53,845 2016 7.69 7.92 60,468 2015 7.14 7.69 72,624 2014 5.36 7.14 94,090 2013 4.57 5.36 112,500 2012 5.08 4.57 185,167 2011 4.15 5.08 239,245 2010 ----------------------------------------------------------------------------------------------------------------------- Janus Henderson Overseas Portfolio -- Service Shares $13.19 $16.45 37,851 2019 15.79 13.19 39,887 2018 12.26 15.79 43,002 2017 13.34 12.26 46,408 2016 14.86 13.34 53,038 2015 17.17 14.86 61,814 2014 15.26 17.17 70,084 2013 13.70 15.26 89,800 2012 20.56 13.70 117,543 2011 16.71 20.56 195,071 2010 -----------------------------------------------------------------------------------------------------------------------

B-113

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ---------------------------------------------------------------------------------------------------------------------- Janus Henderson Research Portfolio -- Service Shares $14.70 $19.57 44,443 2019 15.37 14.70 48,432 2018 12.24 15.37 57,253 2017 12.40 12.24 71,892 2016 11.98 12.40 85,269 2015 10.80 11.98 99,347 2014 8.44 10.80 111,355 2013 7.24 8.44 120,087 2012 7.79 7.24 166,339 2011 6.92 7.79 185,080 2010 ---------------------------------------------------------------------------------------------------------------------- Legg Mason Partners Variable Equity Trust ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Aggressive Growth Portfolio -- Class II $29.47 $36.20 13,537 2019 32.75 29.47 17,857 2018 28.67 32.75 19,643 2017 28.85 28.67 22,968 2016 29.89 28.85 29,596 2015 25.28 29.89 29,111 2014 17.42 25.28 31,898 2013 14.94 17.42 44,550 2012 14.85 14.94 60,387 2011 12.10 14.85 64,456 2010 ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Dividend Strategy Portfolio -- Class II $16.36 $21.17 16,826 2019 17.50 16.36 23,446 2018 14.93 17.50 29,002 2017 13.21 14.93 26,217 2016 14.04 13.21 19,426 2015 12.57 14.04 23,072 2014 10.16 12.57 21,416 2013 9.05 10.16 18,636 2012 8.53 9.05 10,517 2011 7.73 8.53 30,606 2010 ---------------------------------------------------------------------------------------------------------------------- ClearBridge Variable Large Cap Value Portfolio -- Class I $24.19 $30.69 21,166 2019 26.96 24.19 22,378 2018 23.85 26.96 27,219 2017 21.43 23.85 22,995 2016 22.41 21.43 26,120 2015 10.00 22.41 31,076 2014 ---------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust ---------------------------------------------------------------------------------------------------------------------- MFS(R) Investors Trust Series -- Service Class Shares $18.09 $23.37 49,572 2019 19.49 18.09 55,920 2018 16.09 19.49 65,382 2017 15.09 16.09 73,805 2016 15.33 15.09 80,778 2015 14.06 15.33 114,645 2014 10.84 14.06 132,820 2013 9.27 10.84 168,141 2012 9.65 9.27 193,356 2011 8.84 9.65 247,317 2010 ----------------------------------------------------------------------------------------------------------------------

B-114

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------------------------- MFS(R) New Discovery Series -- Service Class Shares $22.29 $31.00 75,354 2019 23.04 22.29 80,167 2018 18.52 23.04 89,317 2017 17.29 18.52 95,620 2016 17.95 17.29 113,413 2015 19.71 17.95 123,917 2014 14.17 19.71 140,324 2013 11.91 14.17 177,650 2012 13.51 11.91 258,229 2011 10.10 13.51 369,577 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Total Return Series -- Service Class Shares $16.20 $19.16 45,423 2019 17.48 16.20 62,015 2018 15.85 17.48 72,884 2017 14.79 15.85 78,537 2016 15.11 14.79 85,923 2015 14.18 15.11 103,494 2014 12.13 14.18 114,910 2013 11.11 12.13 147,969 2012 11.11 11.11 181,473 2011 10.29 11.11 201,001 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Utilities Series -- Service Class Shares $26.36 $32.39 62,653 2019 26.56 26.36 79,074 2018 23.57 26.56 94,999 2017 21.52 23.57 109,453 2016 25.64 21.52 130,767 2015 23.15 25.64 152,704 2014 19.56 23.15 182,851 2013 17.55 19.56 229,216 2012 16.74 17.55 337,968 2011 14.98 16.74 438,537 2010 -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Variable Insurance Trust II -------------------------------------------------------------------------------------------------------------------------------- MFS(R) Massachusetts Investors Growth Stock Portfolio -- Service Class Shares $12.65 $17.38 73,189 2019 12.78 12.65 76,003 2018 10.13 12.78 103,637 2017 9.72 10.13 125,668 2016 10.00 9.72 170,074 2015 -------------------------------------------------------------------------------------------------------------------------------- PIMCO Variable Insurance Trust -------------------------------------------------------------------------------------------------------------------------------- All Asset Portfolio -- Advisor Class Shares $14.35 $15.78 82,677 2019 15.41 14.35 90,007 2018 13.81 15.41 91,144 2017 12.42 13.81 85,357 2016 13.89 12.42 104,689 2015 14.05 13.89 122,394 2014 14.25 14.05 136,757 2013 12.61 14.25 169,804 2012 12.57 12.61 177,240 2011 11.29 12.57 194,302 2010 --------------------------------------------------------------------------------------------------------------------------------

B-115

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period ------------------------------------------------------------------------------------------------------------------------------- High Yield Portfolio -- Administrative Class Shares $22.22 $25.10 189,345 23.19 22.22 219,110 22.09 23.19 248,351 19.95 22.09 292,040 20.61 19.95 354,144 20.25 20.61 391,899 19.46 20.25 494,786 17.29 19.46 552,169 16.99 17.29 624,902 15.08 16.99 850,602 ------------------------------------------------------------------------------------------------------------------------------- International Bond Portfolio (U.S. Dollar Hedged) -- Administrative Class Shares $19.66 $20.72 25,448 19.56 19.66 34,935 19.33 19.56 37,743 18.44 19.33 47,848 18.68 18.44 51,181 17.07 18.68 53,722 17.25 17.07 66,833 15.80 17.25 81,402 15.03 15.80 101,984 14.08 15.03 117,537 ------------------------------------------------------------------------------------------------------------------------------- Long-Term U.S. Government Portfolio -- Administrative Class Shares $24.16 $26.96 122,548 25.14 24.16 137,750 23.44 25.14 153,836 23.64 23.44 177,323 24.35 23.64 202,697 19.95 24.35 221,201 23.27 19.95 279,343 22.64 23.27 381,663 17.99 22.64 481,129 16.37 17.99 618,307 ------------------------------------------------------------------------------------------------------------------------------- Low Duration Portfolio -- Administrative Class Shares $12.06 $12.35 149,108 12.20 12.06 146,522 12.23 12.20 172,277 12.25 12.23 162,148 12.40 12.25 195,311 12.49 12.40 318,794 12.71 12.49 436,253 12.19 12.71 518,812 12.25 12.19 751,487 11.82 12.25 717,762 ------------------------------------------------------------------------------------------------------------------------------- Total Return Portfolio -- Administrative Class Shares $18.74 $19.99 434,691 19.13 18.74 503,063 18.52 19.13 602,633 18.32 18.52 727,572 18.53 18.32 861,562 18.05 18.53 1,027,844 18.70 18.05 1,362,269 17.33 18.70 1,785,036 16.99 17.33 2,045,176 15.96 16.99 2,734,450 -------------------------------------------------------------------------------------------------------------------------------

Subaccounts Year ---------------------------------------------------------------------------------- High Yield Portfolio -- Administrative Class Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ---------------------------------------------------------------------------------- International Bond Portfolio (U.S. Dollar Hedged) -- Administrative Class Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ---------------------------------------------------------------------------------- Long-Term U.S. Government Portfolio -- Administrative Class Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ---------------------------------------------------------------------------------- Low Duration Portfolio -- Administrative Class Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ---------------------------------------------------------------------------------- Total Return Portfolio -- Administrative Class Shares 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 ----------------------------------------------------------------------------------

B-116

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------------- Rydex Variable Trust -------------------------------------------------------------------------------------------------------------- NASDAQ -- 100(R) Fund $15.28 $20.60 39,586 2019 15.81 15.28 36,079 2018 12.25 15.81 43,445 2017 11.74 12.25 51,855 2016 11.01 11.74 55,685 2015 9.53 11.01 64,019 2014 7.19 9.53 99,272 2013 6.25 7.19 141,164 2012 6.22 6.25 207,917 2011 5.33 6.22 206,049 2010 -------------------------------------------------------------------------------------------------------------- State Street Variable Insurance Series Funds, Inc. -------------------------------------------------------------------------------------------------------------- Income V.I.S. Fund -- Class 1 Shares $15.25 $16.30 78,486 2019 15.71 15.25 88,761 2018 15.46 15.71 98,851 2017 15.24 15.46 113,000 2016 15.55 15.24 128,286 2015 15.02 15.55 150,489 2014 15.47 15.02 184,651 2013 14.86 15.47 228,114 2012 14.08 14.86 341,341 2011 13.30 14.08 426,343 2010 -------------------------------------------------------------------------------------------------------------- Premier Growth Equity V.I.S. Fund -- Class 1 Shares $23.09 $31.22 84,450 2019 24.10 23.09 96,503 2018 19.07 24.10 105,204 2017 18.90 19.07 123,365 2016 18.59 18.90 170,037 2015 16.55 18.59 207,476 2014 12.46 16.55 269,505 2013 10.47 12.46 310,631 2012 10.59 10.47 413,563 2011 9.64 10.59 521,984 2010 -------------------------------------------------------------------------------------------------------------- Real Estate Securities V.I.S. Fund -- Class 1 Shares $54.71 $67.95 35,494 2019 58.94 54.71 43,339 2018 56.56 58.94 51,463 2017 53.19 56.56 68,474 2016 51.67 53.19 85,271 2015 39.79 51.67 98,743 2014 39.39 39.79 118,668 2013 34.26 39.39 133,518 2012 31.67 34.26 180,133 2011 24.95 31.67 201,267 2010 -------------------------------------------------------------------------------------------------------------- S&P 500(R) Index V.I.S. Fund -- Class 1 Shares $19.91 $25.69 551,328 2019 21.23 19.91 608,672 2018 17.75 21.23 674,041 2017 16.15 17.75 796,515 2016 16.23 16.15 900,320 2015 14.55 16.23 1,020,768 2014 11.20 14.55 1,170,500 2013 9.83 11.20 1,493,296 2012 9.82 9.83 1,788,261 2011 8.68 9.82 2,317,584 2010 --------------------------------------------------------------------------------------------------------------

B-117

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year ----------------------------------------------------------------------------------------------------------- Small-Cap Equity V.I.S. Fund -- Class 1 Shares $30.54 $37.92 119,664 2019 34.36 30.54 136,937 2018 30.96 34.36 151,017 2017 25.41 30.96 172,057 2016 26.92 25.41 199,076 2015 26.35 26.92 231,678 2014 19.55 26.35 283,415 2013 17.33 19.55 352,586 2012 17.07 17.33 492,671 2011 13.60 17.07 625,393 2010 ----------------------------------------------------------------------------------------------------------- Total Return V.I.S. Fund -- Class 1 Shares $18.19 $20.74 414,279 2019 19.73 18.19 461,410 2018 17.33 19.73 506,568 2017 16.56 17.33 558,925 2016 17.01 16.56 658,070 2015 16.40 17.01 716,011 2014 14.50 16.40 851,578 2013 13.08 14.50 1,048,044 2012 13.68 13.08 1,298,723 2011 12.67 13.68 1,719,483 2010 ----------------------------------------------------------------------------------------------------------- Total Return V.I.S. Fund -- Class 3 Shares $13.50 $15.36 121,342 2019 14.68 13.50 130,835 2018 12.94 14.68 220,142 2017 12.39 12.94 244,647 2016 12.75 12.39 357,426 2015 12.33 12.75 442,957 2014 10.92 12.33 558,796 2013 9.88 10.92 639,787 2012 10.36 9.88 770,120 2011 9.62 10.36 883,421 2010 ----------------------------------------------------------------------------------------------------------- U.S. Equity V.I.S. Fund -- Class 1 Shares $21.10 $27.37 91,373 2019 22.19 21.10 118,308 2018 18.79 22.19 132,774 2017 17.46 18.79 145,138 2016 18.15 17.46 177,919 2015 16.35 18.15 195,687 2014 12.40 16.35 245,484 2013 10.88 12.40 307,882 2012 11.38 10.88 388,156 2011 10.48 11.38 460,168 2010 ----------------------------------------------------------------------------------------------------------- The Prudential Series Fund ----------------------------------------------------------------------------------------------------------- Jennison 20/20 Focus Portfolio -- Class II Shares $33.42 $42.25 14,453 2019 36.01 33.42 17,866 2018 28.19 36.01 21,686 2017 28.28 28.19 25,101 2016 27.14 28.28 26,955 2015 25.83 27.14 31,084 2014 20.28 25.83 41,080 2013 18.63 20.28 56,803 2012 19.81 18.63 87,688 2011 18.74 19.81 103,598 2010 -----------------------------------------------------------------------------------------------------------

B-118

Number of Accumulation Accumulation Accumulation Unit Values at Unit Values at Units at Subaccounts Beginning of Period End of Period End of Period Year -------------------------------------------------------------------------------------------------------- Jennison Portfolio -- Class II Shares $21.50 $28.12 8,656 2019 22.10 21.50 8,588 2018 16.49 22.10 11,896 2017 16.97 16.49 11,833 2016 15.52 16.97 14,581 2015 14.39 15.52 12,576 2014 10.66 14.39 15,937 2013 9.36 10.66 29,596 2012 9.51 9.36 45,577 2011 8.67 9.51 43,420 2010 -------------------------------------------------------------------------------------------------------- Natural Resources Portfolio -- Class II Shares $11.40 $12.37 55,747 2019 14.19 11.40 61,635 2018 14.49 14.19 63,543 2017 11.79 14.49 68,132 2016 16.84 11.79 74,791 2015 21.32 16.84 82,501 2014 19.73 21.32 89,481 2013 20.64 19.73 142,080 2012 26.00 20.64 243,106 2011 20.71 26.00 304,941 2010 -------------------------------------------------------------------------------------------------------- Wells Fargo Variable Trust -------------------------------------------------------------------------------------------------------- Wells Fargo VT Omega Growth Fund -- Class 2 $25.27 $34.09 14,138 2019 25.60 25.27 11,661 2018 19.32 25.60 11,992 2017 19.52 19.32 12,351 2016 19.56 19.52 15,629 2015 19.13 19.56 19,474 2014 13.89 19.13 26,945 2013 11.72 13.89 21,682 2012 12.60 11.72 49,611 2011 10.00 12.60 47,560 2010 --------------------------------------------------------------------------------------------------------

B-119 TABLE OF CONTENTS Statement of Additional Information

Page The Company..................................................................... B-3 The Separate Account............................................................ B-3 Additional Information About the Guarantee Account.............................. B-4 The Contracts................................................................... B-4 Transfer of Annuity Units.................................................... B-4 Net Investment Factor........................................................ B-4 Termination of Participation Agreements......................................... B-4 Calculation of Performance Data................................................. B-5 Subaccount Investing in the Goldman Sachs Variable Insurance Trust -- Government Money Market Fund...................................... B-5 Other Subaccounts............................................................ B-6 Other Performance Data....................................................... B-7 Tax Matters..................................................................... B-7 Taxation of Genworth Life and Annuity Insurance Company...................... B-7 IRS Required Distributions................................................... B-7 General Provisions.............................................................. B-8 Using the Contracts as Collateral............................................ B-8 The Beneficiary.............................................................. B-8 Non-Participating............................................................ B-8 Misstatement of Age or Gender................................................ B-8 Incontestability............................................................. B-8 Statement of Values.......................................................... B-8 Trust as Owner or Beneficiary................................................ B-8 Written Notice............................................................... B-8 Legal Developments Regarding Employment-Related Benefit Plans................... B-9 Regulation of Genworth Life and Annuity Insurance Company....................... B-9 Experts......................................................................... B-9 Financial Statements............................................................ B-9

Genworth Life and Annuity Insurance Company 6610 West Broad Street Richmond, Virginia 23230 A Statement of Additional Information containing more detailed information about the contract and the Separate Account is available free by writing us at the address below or by calling (800) 352-9910. Genworth Life and Annuity Insurance Company Annuity New Business 6610 West Broad Street Richmond, Virginia 23230 Please mail a copy of the Statement of Additional Information for the Separate Account, Contract Form P1152 1/99 (RetireReady/SM/ Extra) to: Name ___________________________________________________________________________ Address ________________________________________________________________________ Street ________________________________________________________________________________ City State Zip Signature of Requestor _________________________________________________________ Date