Variable Annuity Account B of Voya Retirement Insurance & Annuity Co.
04/27/2026 | Press release | Distributed by Public on 04/27/2026 13:29
Updating Summary Prospectus (Form 497VPU)
VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY
GROUP VARIABLE ANNUITY CONTRACTS FOR
EMPLOYER-SPONSORED DEFERRED COMPENSATION PLANS
A GROUP DEFERRED FIXED AND VARIABLE ANNUITY CONTRACT
(THE "CONTRACT" OR "CONTRACTS")
issued to
Plans Sponsored by Non-Governmental Tax-Exempt Organizations for Deferrals that are Subject to Tax Code Section 457 ("457 Plans"), by Tax-Exempt Organizations for Deferrals Not Subject to Tax Code Section 457 ("Non Section 457 Plans") or by Taxable Organizations ("Non Section 457 Plans")
UPDATING SUMMARY PROSPECTUS
May 1, 2026
____________________________________________________________________________
There are two classes of Contract described in this updating summary Prospectus ("summary Prospectus"). The Installment Purchase Payment class of Contract accepts ongoing, or installment, Purchase Payments into an account. The Single Purchase Payment class of Contract accepts a one-time, or single, Purchase Payment to an account.
The full prospectus for the Contract contains more information about the Contract, including the features, benefits, and risks. You can find the current prospectus and other information about the Contract online at https://vpx.broadridge.com/getcontract1.asp?dtype=pros&cid=voyavpx&fid=NRVA00980. You can also obtain this information at no cost by calling 1-800-584-6001 or by sending an email request to [email protected].
Additional general information about certain investment products, including variable annuities, has been prepared by the U.S. Securities and Exchange Commission's staff and is available at Investor.gov.
The U. S. Securities and Exchange Commission (the "SEC") has not approved or disapproved this Contract or passed upon the adequacy of this summary Prospectus. Any representation to the contrary is a criminal offense.
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TABLE OF CONTENTS
| SPECIAL TERMS USED IN THIS SUMMARY PROSPECTUS | 3 |
| UPDATED INFORMATION ABOUT YOUR CONTRACT | 4 |
| IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT | 5 |
| APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT | 10 |
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SPECIAL TERMS USED IN THIS SUMMARY PROSPECTUS
The following are some of the important terms used throughout this summary Prospectus that have special meaning.
Account Value: The value of: (1) amounts allocated to the Fixed Interest Options, including interest earnings to date; less (2) any deductions from the Fixed Interest Options (e.g., withdrawals and fees); and plus (3) the current dollar value of amounts allocated to the Subaccounts of Variable Annuity Account B, which includes investment performance and fees deducted from the Subaccounts.
Contract or Contracts: The group deferred fixed and variable annuity Contract offered by your Plan Sponsor as a funding vehicle for your retirement plan.
Contract Holder: The person to whom or entity to which we issue the Contract. Generally, the Plan Sponsor.
Customer Service: The location from which we service the Contracts. The mailing address and telephone number of Customer Service is Defined Contributions Administration, P.O. Box 990063, Hartford, CT 06199-0063, 1-800-584-6001.
Fixed Interest Options: The Guaranteed Accumulation Account, the Fixed Account, the Fixed Account 2, the Fixed Plus Account and the Fixed Plus Account II A are Fixed Interest Options that may be available during the Accumulation Phase under some Contracts. Amounts allocated to the Guaranteed Accumulation Account are deposited in a nonunitized separate account established by the Company. Amounts allocated to the Fixed Interest Options are held in the Company's General Account which supports insurance and annuity obligations.
Fund(s): The underlying mutual Funds in which the Subaccounts invest.
General Account: The account that contains all of our assets other than those held in Variable Annuity Account B or one of our other separate accounts.
Investor (also "you" or "participant"): The individual who participates in the Contract through a retirement plan.
MVA: A Market Value Adjustment applicable to amounts removed from the Guaranteed Accumulation Account (GAA) prior to the end of a Guaranteed Term.
Plan Sponsor: The sponsor of your retirement plan. Generally, your employer.
Purchase Payment: Collectively, the initial purchase payment and any additional purchase payment.
Purchase Payment Period (also called "Deposit Cycle" in the Contract): For installment Purchase Payments, the period of time it takes to complete the number of installment Purchase Payments expected to be made to your account over a year. For example, if your payment frequency is monthly, a payment period is completed after 12 Purchase Payments are made. If only 11 Purchase Payments are made, the payment period is not completed until the twelfth Purchase Payment is made. At any given time, the number of payment periods completed cannot exceed the number of Account Years completed, regardless of the number of payments made.
Subaccount: Division(s) of Variable Annuity Account B that are investment options under the Contract. Each Subaccount invests in a corresponding underlying mutual Fund.
Tax Code: The Internal Revenue Code of 1986, as amended.
VRIAC, the Company, we, us and our: Voya Retirement Insurance and Annuity Company, a stock company domiciled in Connecticut, that issues the Contract described in this summary Prospectus.
Variable Annuity Account B, the Separate Account: Voya Variable Annuity Account B, a segregated asset account established by us to fund the variable benefits provided by the Contract. The Variable Annuity Account B is registered as a unit investment trust under the Investment Company Act of 1940, as amended, and it also meets the definition of "separate account" under the federal securities laws.
Variable Investment Options: The Subaccounts of Variable Annuity Account B. Each one invests in a specific mutual Fund.
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UPDATED INFORMATION ABOUT YOUR CONTRACT
The information in this summary Prospectus is a summary of certain Contract features that have changed since May 1, 2025. This may not reflect all the changes that have occurred since you entered into your Contract.
Investment Options
| • | Effective at the opening of business on June 2, 2025, the name of the Wanger Acorn Fund changed to the Columbia Variable Portfolio - Acorn Fund. |
| • | Effective at the opening of business on June 2, 2025, the name of the Wanger International Fund changed to the Columbia Variable Portfolio - Acorn International Fund. |
| • | Effective June 13, 2025, the Voya Emerging Markets Index Portfolio (Class I) was liquidated and was substituted with the Fidelity VIP International Index Portfolio (Initial Class). |
| • | Effective October 27, 2025, T. Rowe Price Associates Inc. was added as a subadviser for the Voya Large Cap Growth Portfolio. |
| • | Effective November 21, 2025, the VY® T. Rowe Price Growth Equity Portfolio merged into the Voya Large Cap Growth Portfolio. |
| • | Effective January 21, 2026, the VY® CBRE Real Estate Portfolio changed its name to VY® Columbia Real Estate Portfolio and the subadviser changed from CBRE Investment Management Listed Real Assets, LLC to the Columbia Management Investment Advisers, LLC. |
| • | Effective February 6, 2026, the Voya Large Cap Value Portfolio and VY T. Rowe Price Equity Income Portfolio merged into the Voya Large Cap Value Fund. |
| • | Effective May 1, 2026, the American Funds Insurance Series® - International Fund changed its name to the American Funds Insurance Series® - EUPAC Fund. |
| • | Effective May 1, 2026, the VY® Columbia Small Cap Value II Portfolio will change its name to the VY® Columbia Small Cap Value and Inflection Portfolio. |
| • | Effective on or about May 15, 2026, the Voya Global Perspectives® Portfolio (Class I) is liquidating and will be replaced by the Dimensional VA Global Moderate Allocation Portfolio (Institutional Class). |
| • | Effective on or about July 10, 2026, the Voya RussellTM Mid Cap Growth Index Portfolio will merge into the Voya RussellTM Mid Cap Index Portfolio. |
| • | Effective on or about July 17, 2026, the Voya Global Insights Portfolio (Class S) is liquidating and will be replaced with the DFA VA Equity Allocation Portfolio (Institutional Class). |
| • | Effective on or about July 17, 2026, the VY® Baron Growth Portfolio (Service Class) is liquidating and will be replaced by the Voya MidCap Opportunities Portfolio (Initial Class). |
| • | Effective on or about July 24, 2026, the Voya Balanced Income Portfolio (Class I) is liquidating and will be replaced the Voya Retirement Moderate Portfolio (Class I). |
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IMPORTANT INFORMATION YOU SHOULD CONSIDER ABOUT THE CONTRACT
| FEES, EXPENSES AND ADJUSTMENTS |
| Are There Charges or Adjustments for Early Withdrawals? |
Yes. If the Investor withdraws money from the Contract within ten (10) completed Purchase Payment Periods, the Investor can be assessed an early withdrawal charge equal to a maximum of 5% of the amount withdrawn. The specified maximum percentage referenced in the preceding sentence applies to withdrawals from Contracts with installment Purchase Payments and the withdrawal charge schedule that applies to that account, but it will never exceed 8.50% of total Purchase Payments. For example, if you make an early withdrawal from a Contract with installment Purchase Payments, you could pay a surrender charge of up to $5,000 on a $100,000 investment. This loss will be greater if there is a negative Market Value Adjustment, taxes, or tax penalties. If all or a portion of your Account Value is removed from the Guaranteed Accumulation Account before the Guaranteed Term, we will apply a Market Value Adjustment, which may be negative and could cause a potential loss of up to 100% of your Account Value in the GAA. For example, you allocate $100,000 to the GAA with a 3-year Guaranteed Term and later withdraw the entire amount before the 3 years have ended, you could lose up to $100,000 of your investment. This loss will be greater if you also have to pay a surrender charge, taxes, and tax penalties. A MVA may apply if you withdraw or transfer Account Value from the GAA, or upon payments due to the death of the participant, if paid more than six months following death (or disability, if applicable). See "FEE TABLE - Transaction Expenses," "FEE TABLE - Adjustments," "CHARGES, FEES AND ADJUSTMENTS - Transaction Fees - Early Withdrawal Charge," and "CHARGES, FEES AND ADJUSTMENTS - Market Value Adjustments" in the full Contract prospectus. |
| Are There Transaction Charges? |
Yes. • In addition to the early withdrawal charge, the Investor may also be charged for fund redemption fees; and • Certain Funds may impose redemption fees as a result of withdrawals, transfers or other Fund transactions you may initiate. See "CHARGES, FEES AND ADJUSTMENTS - Transaction Fees - Fund Redemption Fees" in the full Contract prospectus. |
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|
FEES, EXPENSES AND ADJUSTMENTS (continued from previous page) |
| Are There Ongoing Fees and Expenses? | Yes. The table below describes the fees and expenses that you may pay each year, depending on the Investment Options you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected. The Base Contract Expenses include an administrative expense change equal to 0.25% annually of your Account Value invested in the Subaccounts. The administrative expense charge and the $20 annual maintenance fee may be waived, reduced or eliminated in certain circumstances. |
| Annual Fee | Minimum | Maximum | |
|
Base Contract Expense (varies by Contract class) |
1.50%1, 2 | 1.50%1, 2 | |
| Portfolio Company fees and expenses | 0.46%3 | 1.51%3 |
|
Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year based on current charges. This estimate assumes that you do not take withdrawals from the Contract, which could add surrender charges and negative Market Value Adjustments that substantially increase costs. |
|
Lowest Annual Cost Estimate: $439 |
Highest Annual Cost Estimate: |
|
|
Assumes: • Investment of $100,000; • 5% annual appreciation; • No optional benefits;Fees and expenses of least expensive Fund; • No sales charges; and • No additional Purchase Payments, transfers or withdrawals. |
Assumes: • Investment of $100,000; • 5% annual appreciation; Fees and expenses of most expensive Fund; • No sales charges; and • No additional Purchase Payments, transfers or withdrawals. |
|
See "FEE TABLE - Periodic Fees and Expenses" and "CHARGES, FEES AND ADJUSTMENTS - Periodic Fees and Charges" in the full Contract prospectus. |
| 1 | As a percentage of average Account Value. |
| 2 | The Base Contract Expenses include (1) the mortality and expense risk charge (1.50%), which compensates us for the mortality and expense risks we assume under the Contract, including those risks associated with our funding of the death benefit including any guaranteed death benefits; (2) an administrative expense charge of up to 0.25%; and (3) a $20 annual maintenance fee converted to an annual percentage equal to 0.000175024%. The administrative expense charge and the annual maintenance fee may be reduced or eliminated in certain circumstances. The minimum amount reflects these waivers, reductions or eliminations, while the maximum amount does not. The minimum and maximum amounts include the maximum mortality and expense risk charge of 1.50%, although this charge may be reduced if a plan meets certain criteria and we agree to the reduction with the Contract Holder in writing. See "CHARGES, FEES AND ADJUSTMENTS - Periodic Fees and Charges." |
| 3 | As a percentage of the Portfolio Company's net assets. These expenses, which include management fees, distribution (12b-1) and/or service fees and other expenses, do not take into account any fee waiver or expense reimbursement arrangements that may apply. These expenses are for the year ended December 31, 2025, and will vary from year to year. |
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| RISKS | |
| Is There a Risk of Loss from Poor Performance? |
Yes. An Investor can lose money by investing in the Contract. See "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" in the full Contract prospectus. |
| Is This a Short-Term Investment |
No. This Contract is not designed for short-term investing and is not appropriate for an Investor who needs ready access to cash. The Contract is typically most useful as part of a personal retirement plan. Early withdrawals may be restricted by the Tax Code or your plan and may expose you to early withdrawal charges or tax penalties. You should not participate in this Contract if you are looking for a short-term investment or expect to make withdrawals before you are age 59½. You might be subject to federal and state income taxes and a 10% penalty. Amounts withdrawn from the Contract may result in surrender Account before the end of a Guaranteed Term may also result in a negative Market Value Adjustment. At the end of the Guaranteed Term we will reallocate your Account Value in the GAA according to your instructions. If you have not provided instructions, we will automatically reinvest the maturing investment into a guaranteed term available in the current deposit period. For contracts that distinguish between short- and long-term classifications, we will generally transfer the maturing investment to the available deposit period for the guaranteed term having the shortest maturity within the same classification. For other contracts, we will generally transfer the maturing investment in the following manner based upon availability: • To a guaranteed term of the same duration, if available; • To a guaranteed term with the next shortest duration, if available; or • To a guaranteed term with the next longest duration. See "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" in the full Contract prospectus. |
|
What are the Risks Associated with Investment Options? |
An investment in the Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options available under the Contract. Each investment option (including the Guaranteed Accumulation Account and the other Fixed Interest Options) will have its own unique risks, and you should review these investment options before making an investment decision. See 'THE INVESTMENT OPTIONS - The Variable Investment Options" and "THE INVESTMENT OPTIONS - The Fixed Interest Options." |
| What Are the Risks Related to the Insurance Company? |
An investment in the Contract is subject to the risks related to VRIAC, including that any obligations, including under the Fixed Interest Options, guarantees or benefits are subject to the financial strength and claims-paying ability of VRIAC. More information about VRIAC, including its financial strength and claims paying ability, is available upon request, by contacting Customer Service at 1-800-584-6001. See "THE CONTRACT - The General Account" in the full Contract prospectus. |
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| RESTRICTIONS | |
| Are There Limits on the Investment Options? |
Yes. • Your plan may limit the number of investment options you may select at any one time. Please refer to your plan documents for more information; • Some Subaccounts and Fixed Interest Options may not be available through your plan. Please refer to your plan documents for a list of Subaccounts and Fixed Interest Options available to you; • Some financial institutions or broker-dealers through which the Contract is sold may limit the availability of certain investment options; • Not all Fixed Interest Options may be available for current or future investment; • There are certain restrictions on transfers from the Fixed Interest Options; • The Company reserves the right to combine two or more Subaccounts, close Subaccounts or substitute a new Fund for a Fund in which a Subaccount currently invests; and • The Contract is not designed to serve as a vehicle for frequent transfers. We actively monitor Fund transfer and reallocation activity to identify violations of our Excessive Trading Policy. Electronic trading privileges will be suspended if the Company determines, in its sole discretion, that our Excessive Trading Policy has been violated. See "THE INVESTMENT OPTIONS - Selecting Investment Options and Right to Change the Separate Account," "THE CONTRACT - Limits on Frequent or Disruptive Transfers" and "OTHER TOPICS - Financial Intermediary Variations" in the full Contract prospectus. |
| Are There any Restrictions on Contract Benefits? |
Yes. • We may discontinue or restrict the availability of an optional benefit; • Benefits available to you may vary based on your plan. Please refer to your plan documents for benefits available to you; • Some financial institutions or broker-dealers through which the Contract is sold may limit the availability of certain Contract benefits; • If not required under your plan, we may discontinue the availability of one or all of the Systematic Distribution Options at any time and/or change the terms of future elections; and • Withdrawals may reduce the amount of a death benefit based on Purchase Payments by more than the amount withdrawn. See "THE CONTRACT - Contract Provisions and Limitations - The Asset Rebalancing Program," "DEATH BENEFIT - Death Benefit Options," "SYSTEMATIC DISTRIBUTION OPTIONS - Availability of Systematic Distribution Options" and "OTHER TOPICS - Financial Intermediary Variations" in the full Contract prospectus. |
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| TAXES | |
| What are the Contract's Tax Implications? |
• You should consult with a tax and/or legal adviser to determine the tax implications of an investment in, and distributions received under, the Contract; • There is no additional tax benefit to the Investor if the Contract is purchased through a tax-qualified plan or individual retirement account ("IRA"); and • Withdrawals will be subject to ordinary income tax and may be subject to tax penalties. See "FEDERAL TAX CONSIDERATIONS" in the full Contract prospectus. |
| CONFLICTS OF INTEREST | |
| How Are Investment Professionals Compensated? |
• We pay compensation to broker/dealers whose registered representatives sell the Contract. • Compensation may be paid in the form of commissions or other compensation, depending upon the agreement between the broker/dealers and the registered representative. • Because of this sales-based compensation, an investment professional may have a financial incentive to offer or recommend the Contract over another investment. See "OTHER TOPICS - Contract Distribution" in the full Contract prospectus. |
| Should I Exchange My Contract? |
Some investment professionals may have a financial incentive to offer you a new Contract in place of the one you own. You should exchange your contract only if you determine, after comparing the features, fees and risks of both contracts, and any fees or penalties to terminate the existing contract, that it is preferable for you to purchase the new Contract rather than continue to own the existing contract. See "PRINCIPAL RISKS OF INVESTING IN THE CONTRACT" in the full Contract prospectus. |
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APPENDIX: INVESTMENT OPTIONS AVAILABLE UNDER THE CONTRACT
The Variable Options and Fixed Interest Options available to you may vary based on employer. You should refer to your plan documents for a list of available Investment Options. Additionally, some financial institutions or broker-dealers through which the Contract is sold may limit the availability of certain investment options. For more information, see "OTHER TOPICS - Financial Intermediary Variations" in the full Contract prospectus. If you have any questions about any limitations, restrictions, or other variations related to the investment options available to you, please reach out to your financial institution or broker-dealer.
Variable Options
The following is a list of Funds available under the Contract.
More information about the Funds is available in the Contract prospectuses for the Funds, which may be amended from time to time and can be found online at https://vpx.broadridge.com/getcontract1.asp?dtype=pros&cid=voyavpx&fid=NRVA00980. You can also request this information at no cost by calling Customer Service at 1-800-584-6001 or by sending an email request to [email protected].
The current expenses and performance information below reflects fee and expenses of the Funds, but do not reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Fund's past performance is not necessarily an indication of future performance.
| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks growth of capital. |
American Funds Insurance Series® - Growth Fund (Class 2) Investment Adviser: Capital Research and Management CompanySM |
0.58% | 20.24% | 13.37% | 17.97% |
| Seeks long-term growth of capital and income. |
American Funds Insurance Series® - Growth-Income Fund (Class 2) Investment Adviser: Capital Research and Management CompanySM |
0.53% | 18.06% | 13.90% | 13.92% |
| Seeks long-term growth of capital. |
American Funds Insurance Series® - EUPAC Fund (Class 2)** Investment Adviser: Capital Research and Management CompanySM |
0.72%* | 26.77% | 3.40% | 7.00% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | Effective May 1, 2026, the American Funds Insurance Series® - International Fund changed its name to the American Funds Insurance Series® - EUPAC Fund. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks to provide a competitive total return through an actively managed portfolio of stocks, bonds and money market instruments which offer income and capital growth opportunity. |
Calvert VP SRI Balanced Portfolio (Class I) Investment Adviser: Calvert Research and Management |
0.65% | 11.48% | 8.68% | 9.81% |
| Seeks long-term capital appreciation. |
Columbia Variable Portfolio - Acorn Fund** Investment Adviser: Columbia Wanger Asset Management, LLC |
0.91%* | 4.47% | 1.02% | 8.66% |
| Seeks long-term capital appreciation. |
Columbia Variable Portfolio - Acorn International Fund*** Investment Adviser: Columbia Wanger Asset Management, LLC |
1.08%* | 12.76% | -1.00% | 4.31% |
|
Seek total return consisting of capital appreciation and current income. |
Dimensional VA Global Moderate Allocation Portfolio (Institutional Shares)1 Investment Adviser: Dimensional Fund Advisors LP |
0.28%* | 14.68% | 8.42% | 8.65% |
| Seeks to provide current income. |
Federated Hermes Fund for U.S. Government Securities II (Primary Shares) Investment Adviser: Federated Investment Management Company |
0.78%* | 6.80% | -0.84% | 1.06% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | Effective at the opening of business on June 2, 2025, the name of the Wanger Acorn Fund changed to the Columbia Variable Portfolio - Acorn Fund. |
| *** | Effective at the opening of business on June 2, 2025, the name of the Wanger International Fund changed to the Columbia Variable Portfolio - Acorn International Fund. |
|
1 |
Effective on or about May 15, 2026, the Voya Global Perspectives® Portfolio (Class I) is liquidating and will be replaced by the Dimensional VA Global Moderate Allocation Portfolio (Institutional Class). |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks high current income. |
Federated Hermes High Income Bond Fund II (Primary Shares) Investment Adviser: Federated Investment Management Company |
0.81%* | 8.23% | 3.70% | 5.59% |
| Seeks long-term capital appreciation. |
Fidelity® VIP ContrafundSM Portfolio (Initial Class) Investment Adviser: Fidelity Management & Research Company LLC ("FMR") Subadvisers: FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited |
0.54% | 21.52% | 15.37% | 15.78% |
| Seeks reasonable income. Also considers the potential for capital appreciation. Seeks to achieve a yield which exceeds the composite yield on the securities comprising the S&P 500® Index. |
Fidelity® VIP Equity-Income Portfolio SM (Initial Class)** Investment Adviser: Fidelity Management & Research Company LLC ("FMR") Subadvisers: FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited |
0.46% | 19.02% | 12.51% | 11.60% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | The Fund is closed to investment by new Investors. Existing retirement plans and individual Investors who have investment in the Subaccount that corresponds to the Fund may leave their investment in that Subaccount and may continue to make additional purchases and exchanges. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks to achieve capital appreciation. |
Fidelity® VIP Growth Portfolio (Initial Class) Investment Adviser: Fidelity Management & Research Company LLC ("FMR") Subadvisers: FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited and Fidelity Management & Research (Japan) Limited |
0.55% | 14.92% | 13.70% | 17.45% |
| Seeks to provide investment results that correspond to the total return of foreign developed and emerging stock markets. |
Fidelity® VIP International Index Portfolio (Initial Class)**, *** Investment Adviser: Fidelity Management & Research Company LLC Subadviser: Geode Capital Management, LLC |
0.16% | 33.15% | 8.02% | N/A |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | The Fund is closed to investment by new Investors. Existing retirement plans and individual Investors who have investment in the Subaccount that corresponds to the Fund may leave their investment in that Subaccount and may continue to make additional purchases and exchanges. |
| *** | Effective June 13, 2025, the Voya Emerging Markets Index Portfolio (Class I) liquidated and was substituted with the Fidelity VIP International Index Portfolio (Initial Class). |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks long-term growth of capital. |
Fidelity® VIP Overseas Portfolio (Initial Class)** Investment Adviser: Fidelity Management & Research Company LLC ("FMR") Subadvisers: FMR Investment Management (UK) Limited, Fidelity Management & Research (Hong Kong) Limited, Fidelity Management & Research (Japan) Limited, FIL Investment Advisors, FIL Investment Advisors (UK) and FIL Investments (Japan) Limited |
0.72% | 20.39% | 6.62% | 7.93% |
| Seeks long-term total return. Under normal market conditions, the Fund invests at least 80% of its net assets in investments of small-capitalization companies. |
Franklin Small Cap Value VIP Fund (Class 2)*** Investment Adviser: Franklin Mutual Advisers, LLC |
0.91%* | 7.65% | 8.86% | 9.81% |
| A non-diversified Fund that seeks capital growth. |
Invesco V.I. American Franchise Fund (Series I) Investment Adviser: Invesco Advisers, Inc. |
0.85% | 11.67% | 10.35% | 14.87% |
| Seeks long-term growth of capital. |
Invesco V.I. Core Equity Fund (Series I) Investment Adviser: Invesco Advisers, Inc. |
0.80% | 16.17% | 12.81% | 11.73% |
| Seeks total return. |
Invesco V.I. Main Street Small Cap Fund® (Series I) Investment Adviser: Invesco Advisers, Inc. |
0.84% | 8.70% | 8.34% | 10.59% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | The Fund is closed to investment by new Investors. Existing retirement plans and individual Investors who have investment in the Subaccount that corresponds to the fund may leave their investment in that Subaccount and may continue to make additional purchases and exchanges. |
| *** | The Franklin Small Cap Value VIP Fund is closed to investment by new Investors. Existing retirement plans and individual Investors who have investment in the Subaccount that corresponds to this fund may leave their investment in that Subaccount and may continue to make additional purchases and exchanges. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks to deliver long-term growth of capital by investing primarily in stocks of mid-sized U.S. companies. |
Lord Abbett Series Fund, Inc. - Mid Cap Stock Portfolio (Class VC) Investment Adviser: Lord, Abbett & Co. LLC |
1.15% | 7.05% | 10.16% | 7.98% |
| Seeks maximum real return, consistent with preservation of real capital and prudent investment management. |
PIMCO VIT Real Return Portfolio (Admin Class) Investment Adviser: Pacific Investment Management Company LLC |
1.39% | 7.85% | 1.21% | 3.21% |
| Maximize total return through a combination of income and capital appreciation. |
Victory Pioneer High Yield VCT Portfolio (Class I) Investment Adviser: Amundi Asset Management US, Inc. |
0.97%* | 8.16% | 4.21% | 5.49% |
| Seeks total return consisting of capital appreciation (both realized and unrealized) and current income; the secondary investment objective is long-term capital appreciation. |
Voya Balanced Income Portfolio (Class I)** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.58%* | 11.96% | 5.92% | 7.16% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | Effective on or about July 24, 2026, the Voya Balanced Income Portfolio (Institutional Class I) is liquidating and will be replaced by the Voya Retirement Moderate Portfolio (Institutional Class I). |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks to maximize total return through a combination of current income and capital appreciation. |
Voya Global Bond Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.69%* | 8.80% | -2.30% | 1.82% |
| Seeks to maximize total returns and maintain lower volatility relative to the overall market. |
Voya Global High Dividend Low Volatility Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.60%* | 19.00% | 10.52% | 9.05% |
| Seeks to maximize total returns and maintain lower volatility relative to the overall market. |
Voya Global High Dividend Low Volatility Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.85%* | 18.73% | 10.25% | 8.78% |
| Seeks to maximize total returns and maintain lower volatility relative to the overall market. |
Voya Global High Dividend Low Volatility Portfolio (Class S2) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
1.00%* | 18.47% | 10.08% | 8.63% |
| Seeks capital appreciation. |
Voya Global Insights Fund (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.81%* | 24.31% | 7.21% | 10.97% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks capital appreciation. |
Voya Global Insights Portfolio (Class S)** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
1.06%* | 24.14% | 6.96% | 10.70% |
| Seeks total return. |
Voya Global Perspectives® Portfolio (Class I)*** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.85%* | 14.23% | 3.46% | 6.38% |
| Seeks to provide high current return, consistent with preservation of capital and liquidity, through investment in high-quality money market instruments while maintaining a stable share price of $1.00. |
Voya Government Money Market Portfolio (Class I)**** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.40%* | 4.02% | 3.02% | 1.96% |
| Seeks to maximize total return through investments in a diversified portfolio of common stock and securities convertible into common stocks. It is anticipated that capital appreciation and investment income will both be major factors in achieving total return. |
Voya Growth and Income Portfolio (Class I)***** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.67%* | 18.21% | 15.46% | 14.62% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | Effective on or about July 17, 2026, the Voya Global Insights Portfolio (Class S) is liquidating and will be replaced with the DFA VA Equity Allocation Portfolio (Institutional Class). |
| *** | Effective on or about May 15, 2026, the Voya Global Perspectives® Portfolio (Class I) is liquidating and will be replaced by the Dimensional VA Global Moderate Allocation Portfolio (Institutional Class). |
| **** | There is no guarantee that the Voya Government Money Market Portfolio Subaccount will have a positive or level return. |
| ***** | The Voya Growth and Income Portfolio is only available to those Contracts that were offering the ING Opportunistic LargeCap Portfolio (Class I) as of August 20, 2010. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks to provide Investors with a high level of current income and total return. |
Voya High Yield Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.50% | 8.80% | 3.92% | 5.82% |
| Seeks to provide Investors with a high level of current income and total return. |
Voya High Yield Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.75% | 8.41% | 3.66% | 5.55% |
| Seeks to outperform the total return performance of the S&P 500® Index while maintaining a market level of risk. |
Voya Index Plus LargeCap Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.55%* | 15.20% | 13.73% | 13.90% |
| Seeks to outperform the total return performance of the S&P MidCap 400® Index while maintaining a market level of risk. |
Voya Index Plus MidCap Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.60%* | 8.16% | 9.90% | 9.75% |
| Seeks to outperform the total return performance of the S&P SmallCap 600® Index while maintaining a market level of risk. |
Voya Index Plus SmallCap Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.60%* | 8.27% | 8.97% | 9.23% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks to maximize total return consistent with reasonable risk. The Portfolio seeks its objective through investments in a diversified portfolio consisting primarily of debt securities. It is anticipated that capital appreciation and investment income will both be major factors in achieving total return. |
Voya Intermediate Bond Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.55%* | 7.71% | 0.15% | 2.66% |
| Seeks maximum total return. |
Voya International High Dividend Low Volatility Portfolio (Class I)** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.76% | 37.60% | 11.59% | 7.83% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of a widely accepted international index. |
Voya International Index Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.45%* | 30.89% | 8.50% | 7.91% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of a widely accepted international index. |
Voya International Index Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.70%* | 30.48% | 8.21% | 7.62% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | This Fund employs a managed volatility strategy. See "THE INVESTMENT OPTIONS - The Variable Investment Options - Funds with Managed Volatility Strategies" for more information. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| A non-diversified Fund that seeks long-term capital growth. |
Voya Large Cap Growth Portfolio (Class I)** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC and T. Rowe Price Associates, Inc.*** |
0.67%* | 15.33% | 12.23% | 15.19% |
| A non-diversified Fund that seeks long-term capital growth. |
Voya Large Cap Growth Portfolio (Class S)** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC and T. Rowe Price Associates, Inc*** |
0.92%* | 15.09% | 11.96% | 14.90% |
|
Seeks long-term growth of capital and current income. |
Voya Large Cap Value Fund (Class A)**** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
1.10%* | 12.66% | 12.56% | 10.85% |
| Seeks long-term capital appreciation. |
Voya MidCap Opportunities Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.83%* | 3.90% | 4.55% | 10.97% |
|
* |
Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | Effective November 21, 2025, the VY® T. Rowe Price Growth Equity Portfolio merged into the Voya Large Cap Growth Portfolio. |
| *** | Effective October 27, 2025, T. Rowe Price Associates, Inc. was added as a subadviser for the Voya Large Cap Growth Portfolio. |
| **** | Effective February 6, 2026, the Voya Large Cap Value Portfolio and VY T. Rowe Price Equity Income Portfolio merged into the Voya Large Cap Value Fund. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Russell Top 200® Growth Index. |
Voya RussellTM Large Cap Growth Index Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.43%* | 18.12% | 16.24% | 18.65% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Russell Top 200® Index. |
Voya RussellTM Large Cap Index Portfolio (Class I)** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.36%* | 18.75% | 14.72% | 15.36% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Russell Top 200® Value Index. |
Voya RussellTM Large Cap Value Index Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.43%* | 17.94% | 11.69% | 10.53% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Russell Midcap® Growth Index. |
Voya RussellTM Mid Cap Growth Index Portfolio (Class S)***,**** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.65%* | 8.08% | 5.98% | 11.77% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Russell Midcap® Index. |
Voya RussellTM Mid Cap Index Portfolio (Class I)** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.40%* | 10.08% | 8.26% | 10.59% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | The Voya RussellTM Large Cap Index Portfolio is no longer available to new investments. |
| *** | The Voya RussellTM Mid Cap Growth Index Portfolio (Class S) is no longer available to new investments. |
| **** | Effective on or about July 10, 2026, the Voya RussellTM Mid Cap Growth Index Portfolio will merge into the Voya RussellTM Mid Cap Index Portfolio. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Russell 2000® Index. |
Voya RussellTM Small Cap Index Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.43%* | 12.51% | 5.75% | 9.29% |
| Seeks growth of capital primarily through investment in a diversified portfolio of common stock of companies with smaller market capitalizations. |
Voya Small Company Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.87%* | 8.59% | 6.26% | 8.39% |
| Seeks long-term capital appreciation. |
Voya SmallCap Opportunities Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.92%* | 14.80% | 5.85% | 9.11% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2035. On the Target Date, the Portfolio's investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. |
Voya Solution 2035 Portfolio (Class S)**,*** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.98%* | 16.05% | 7.22% | 8.68% |
| Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2045. On the Target Date, the Portfolio's investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. |
Voya Solution 2045 Portfolio (Class S)*** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
1.00%* | 19.15% | 9.07% | 9.92% |
| Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2055. On the Target Date, the Portfolio's investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. |
Voya Solution 2055 Portfolio (Class S)*** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
1.03%* | 19.64% | 9.34% | 10.09% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | This Fund is structured as a Fund of Funds that invests directly in shares of underlying Funds. See "THE INVESTMENT OPTIONS - The Variable Investment Options - Funds of Funds" for more information. |
| *** | The Fund is currently available under your variable annuity contract. If this Fund was not added to your plan on September 1, 2021, it was automatically made available to your plan on or about November 12, 2021. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2065. On the Target Date, the Portfolio's investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. |
Voya Solution 2065 Portfolio (Class S)**,*** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
1.03%* | 19.80% | 9.38% | N/A |
| Seeks to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. |
Voya Solution 2070 Portfolio (Class S) **,*** |
1.03%* | N/A | N/A | N/A |
| Seeks growth of capital. |
Voya Solution Aggressive Portfolio (Class I)
Investment Adviser: Voya Investments, LLC |
0.77%* | 16.87% | 9.89% | 10.55% |
| Seeks to provide capital growth through a diversified asset allocation strategy. |
Voya Solution Balanced Portfolio (Class I)****
Investment Adviser: Voya Investments, LLC |
0.75%* | 13.05% | 6.84% | 8.04% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | This Fund is structured as a Fund of Funds that invests directly in shares of underlying Funds. See "THE INVESTMENT OPTIONS - The Variable Investment Options - Funds of Funds" for more information. |
| *** | The Fund became available for investment on August 11, 2025. |
| **** | Effective on or about May 15, 2026, the Voya Global Perspectives® Portfolio (Class I) is liquidating and will be replaced by the Dimensional VA Global Moderate Allocation Portfolio (Institutional Class). |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. |
Voya Solution Conservative Portfolio (Class I)
Investment Adviser: Voya Investments, LLC |
0.66%* | 8.33% | 2.97% | 4.77% |
| Seeks to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. |
Voya Solution Income Portfolio (Class S)** Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.93%* | 10.94% | 3.33% | 5.15% |
| Seeks investment results (before fees and expenses) that correspond to the total return (which includes capital appreciation and income) of the Bloomberg Barclays U.S. Aggregate Bond Index. |
Voya U.S. Bond Index Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.36%* | 6.70% | -0.75% | 1.64% |
| Seeks total return. |
Voya U.S. Stock Index Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.27% | 17.53% | 14.10% | 14.51% |
| Seeks long-term capital growth. Income is a secondary objective. |
VY® American Century Small-Mid Cap Value Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: American Century Investment Management, Inc. |
1.10%* | 4.99% | 8.19% | 9.00% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | This Fund is structured as a Fund of Funds that invests directly in shares of underlying Funds. See "THE INVESTMENT OPTIONS - The Variable Investment Options - Funds of Funds" for more information. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks capital appreciation. |
VY® Baron Growth Portfolio (Class S)** Investment Adviser: Voya Investments, LLC Subadviser: BAMCO, Inc. |
1.25%* | -10.94% | -0.34% | 9.17% |
| Seeks high total return consisting of capital appreciation and current income. |
VY® CBRE Global Real Estate Portfolio (Class I)*** Investment Adviser: Voya Investments, LLC Subadviser: CBRE Investment Management Listed Real Assets, LLC |
0.91%* | 6.82% | 4.03% | 3.99% |
| Seeks total return consisting of long-term capital appreciation and current income. |
VY® Columbia Contrarian Core Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: Columbia Management Investment Advisers, LLC |
0.96%* | 17.08% | 13.87% | 14.01% |
| Seeks total return including capital appreciation and current income. |
VY® Columbia Real Estate Portfolio (Class S)*** Investment Adviser: Voya Investments, LLC Subadviser: Columbia Management Investment Advisers, LLC*** |
1.00%* | 0.03% | 5.67% | 4.80% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | Effective on or about July 17, 2026, the VY® Baron Growth Portfolio (Service Class) is liquidating and will be replaced by the Voya MidCap Opportunities Portfolio (Initial Class). |
| *** | Effective January 21, 2026, the VY® CBRE Real Estate Portfolio changed its name to VY® Columbia Real Estate Portfolio and the subadviser changed from CBRE Investment Management Listed Real Assets, LLC to the Columbia Management Investment Advisers, LLC. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks long-term growth of capital. |
VY® Columbia Small Cap Value and Inflection Portfolio (Class S)** Investment Adviser: Voya Investments, LLC Subadviser: Columbia Management Investment Advisers, LLC |
1.18%* | 8.04% | 9.60% | 8.92% |
| Seeks capital growth and income. |
VY® Invesco Comstock Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: Invesco Advisers, Inc. |
0.97%* | 17.02% | 14.95% | 11.75% |
| Seeks total return consisting of long-term capital appreciation and current income. |
VY® Invesco Equity and Income Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Invesco Advisers, Inc. |
0.64%* | 12.80% | 8.82% | 8.86% |
| Seeks total return consisting of long-term capital appreciation and current income. |
VY® Invesco Equity and Income Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: Invesco Advisers, Inc. |
0.89%* | 12.53% | 8.55% | 8.59% |
| Seeks long-term growth of capital and income. |
VY® Invesco Growth and Income Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: Invesco Advisers, Inc. |
0.90% | 15.35% | 12.82% | 10.72% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | Effective May 1, 2026, the VY® Columbia Small Cap Value II Portfolio changed its name to the VY® Columbia Small Cap Value and Inflection Portfolio. |
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| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
| 1 Year | 5 Years | 10 Years | |||
| Seeks capital appreciation. |
VY® JPMorgan Emerging Markets Equity Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: J.P. Morgan Investment Management Inc. |
1.44%* | 38.77% | 0.04% | 9.00% |
| Seeks growth from capital appreciation. |
VY® JPMorgan Mid Cap Value Portfolio (Class S)** Investment Adviser: Voya Investments, LLC Subadviser: J.P. Morgan Investment Management Inc. |
1.10%* | 4.37% | 9.26% | 8.48% |
| Seeks capital growth over the long term. |
VY® JPMorgan Small Cap Core Equity Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: J.P. Morgan Investment Management Inc. |
1.14% | 3.65% | 4.63% | 8.77% |
| Seeks, over the long-term, a high total investment return, consistent with the preservation of capital and with prudent investment risk. |
VY® T. Rowe Price Capital Appreciation Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: T. Rowe Price Associates, Inc. |
0.90% | 12.02% | 9.22% | 11.04% |
| Seeks long-term capital appreciation. |
VY® T. Rowe Price Diversified Mid Cap Growth Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: T. Rowe Price Associates, Inc. |
0.80%* | 9.92% | 7.24% | 12.78% |
| Seeks long-term capital appreciation. |
VY® T. Rowe Price Diversified Mid Cap Growth Portfolio (Class S) Investment Adviser: Voya Investments, LLC Subadviser: T. Rowe Price Associates, Inc. |
1.05%* | 9.67% | 6.97% | 12.49% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | The VY® JPMorgan Mid Cap Value Portfolio is only available to plans offering the Fund prior to the close of business on February 7, 2014. |
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Fixed Interest Options
The following is a list of Fixed Interest Options currently available under the Contract. We may change the features of the Fixed Interest Options listed below, offer new Fixed Interest Options, and terminate existing Fixed Interest Options. We will provide you with written notice before doing so.
Note: If amounts are withdrawn from the Guaranteed Accumulation Account before the end of a Guaranteed Term, we may apply a Market Value Adjustment. This may result in a significant reduction in your Account Value.
For more information about the Fixed Interest Options and the Market Value Adjustment, see "THE INVESTMENT OPTIONS - Fixed Interest Options" and "CHARGES, FEES AND ADJUSTMENTS- Market Value Adjustment" in the full Contract prospectus.
| Name | Term* | Minimum Guaranteed Interest Rate** |
| Guaranteed Accumulation Account | 1 month to 10 years | 0.25% |
| The Fixed Account and Fixed Account 2 | N/A | 1.00% |
| The Fixed Plus Account | N/A | 3.00% |
| The Fixed Plus Account II A | N/A | 1.00% |
| * | The terms available under your plan may vary. |
| ** | The guaranteed minimum interest rate for your Contract is stated in your Contract, and will not be less than stated. |
| USP.75996-26 | 29 |
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This updating summary Prospectus incorporates by reference the full Group Variable Annuity Contracts for Employer-Sponsored Deferred Compensation Plans Contract prospectus and Statement of Additional Information ("SAI"), each dated May 1, 2026, as amended or supplemented. You can find these documents online at https://vpx.broadridge.com/getcontract1.asp?dtype=pros&cid=voyavpx&fid=NRVA00980 for the Contract prospectus and https://vpx.broadridge.com/getcontract1.asp?dtype=sai&cid=voyavpx&fid=NRVA00980 for the SAI. You can also obtain these documents at no cost by calling 1-800-584-6001 or by sending an email request to [email protected].
Reports and other information about the Variable Annuity Account B and Voya Retirement Insurance and Annuity Company, are available on the Commission's website at http://www.sec.gov. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: [email protected].
| EDGAR Contract Identifier: | C000002956 |
| C000275673 |
| USP.75996-26 | 30 |
Variable Annuity Account B of Voya Retirement Insurance & Annuity Co. published this content on April 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 27, 2026 at 19:30 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]