11/18/2024 | Press release | Distributed by Public on 11/18/2024 06:31
SUPPLEMENT DATED NOVEMBER 18, 2024
TO THE UPDATING SUMMARY PROSPECTUS
DATED APRIL 29, 2024
THE VARIABLE ANNUITY LIFE INSURANCE COMPANY
SEPARATE ACCOUNT A
Fixed and Variable Deferred Annuity Contracts
GUP and GTS-VA
This supplement updates certain information in the above referenced updating summary prospectus (the "Prospectus"). Except as indicated in this supplement, all other information included in the Prospectus and Appendix A-Funds Available Under the Contract ("Appendix A"), including the footnotes, remains unchanged. You should read this supplement in conjunction with your Prospectus and retain it for future reference. All capitalized terms used but not defined herein have the same meaning as those included in the Prospectus. The Prospectus is revised as follows:
In the "Important Information You Should Consider About the Contract" section, the following changes are made:
· |
In the "Ongoing Fees and Expenses (annual charges)" section of the "FEES AND EXPENSES" table, the minimum and maximum fee for Investment Options is 0.32%. The Lowest Annual Cost and Highest Annual Cost for GUP is $6,277. |
The following table replaces similar table in its entirety in Appendix A:
Type |
Fund - Share Class Adviser/Sub-Adviser |
Current Expenses |
Platform Charge2 |
Current Expenses
+ Charge |
Average Annual Total Returns (as of Dec. 31, 2023) |
|||||||||
1 Year | 5 Year |
10 Year (or life of fund) |
||||||||||||
Domestic Large-Cap Equity |
Stock Index Fund1, 3
Sub-Adviser: SunAmerica Asset Management, LLC |
0.23% | None | 0.23% | 25.80% | 15.32% | 11.67% |
As a result of Fund expense changes, we have updated the expense examples for GUP in the Fee Tables section in the statutory prospectus.
You should read the Fund prospectus for more detailed information about the Fund. The Fund prospectus may be obtained by vising our website at https://www.corebridgefinancial.com/rs/prospectus-and-reports/annuities or by calling us at 1-800-448-2542.
Please keep this supplement with your Prospectus.
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