Form 497VPI RIVERSOURCE VARIABLE

September 22, 2025 4:49 PM EDT
RiverSource®
RAVA 5 Access® Variable Annuity
(Offered for contract applications signed on or after June 22, 2020)
Individual Flexible Premium Deferred Combination Fixed/Variable Annuity 
Issued by:
RiverSource Life Insurance Company (RiverSource Life)
 
70100 Ameriprise Financial Center
Minneapolis, MN 55474
Telephone: 1-800-862-7919
(Service Center)
ameriprise.com/variableannuities
Summary Prospectus for New Investors
September 22, 2025
This Summary Prospectus summarizes key features of the RAVA 5 Access variable annuity contract (the Contract), an individual flexible premium deferred combination fixed/variable annuity (the Contract) issued by RiverSource Life Insurance Company (“RVS Life”, “we”, “us” and “our”) . Before you invest, you should also review the prospectus for the Contract, which contains more information about the Contract’s features, benefits, and risks. You can find this document and other information about the Contract online at riversource.com/annuities. You can also obtain this information at no cost by calling 1-800-862-7919, by sending an email request to [email protected], or by calling your financial advisor.
You may cancel your contract within 10 days of receiving it without paying fees or penalties.
In some states, this cancellation period may be longer. Upon cancellation, you will receive your total Contract value and will not be assessed any fees or penalties on that amount.  Alternatively, if state law requires, you will instead receive a refund of purchase payments and will not be assessed any fees or penalties.  You should review this prospectus, or consult with your investment professional, for additional information about the specific cancellation terms that apply.
Additional information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission’s staff and is available at Investor.gov.
The Securities and Exchange Commission has not approved or disapproved these securities or determined if this prospectus is accurate or complete. Any representation to the contrary is a criminal offense.
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 1
Key Terms
These terms can help you understand details about your Contract.
Accumulation unit: A measure of the value of each subaccount prior to the application of amounts to an annuity payment plan.
Annuitant: The person or persons on whose life or life expectancy the annuity payouts are based.
Annuitization start date: The date when annuity payments begin according to the applicable annuity payment plan.
Annuity payouts: An amount paid at regular intervals under one of several plans.
Beneficiary: The person you designate to receive benefits in case of your death while the Contract is in force.
Close of business: The time the New York Stock Exchange (NYSE) closes (4 p.m. Eastern time unless the NYSE closes earlier).
Code: The Internal Revenue Code of 1986, as amended.
Contract value: The total value of your contract at any point in time. The contract value is the sum of the contract value in the Special DCA Fixed Account and contract value in the Variable Account.
Contract year: A period of 12 months, starting on the effective date of your Contract and on each anniversary of the effective date.
Fixed Account: Part of our general account which includes the Special DCA Fixed Account. Amounts you allocate to this account earn interest at rates that we declare periodically.
Funds: A portfolio of an open-end management investment company that is registered with the Securities and Exchange Commission (the "SEC") in which the Subaccounts invest.  May also be referred to as an underlying Fund. 
Good order: We cannot process your transaction request relating to the Contract until we have received the request in good order at our Service Center. “Good order” means the actual receipt of the requested transaction in writing, along with all information, forms and supporting legal documentation necessary to effect the transaction. To be in “good order”, your instructions must be sufficiently clear so that we do not need to exercise any discretion to follow such instructions. This information and documentation generally includes your completed request; the Contract number; the transaction amount (in dollars); the names of and allocations to and/or from the subaccounts and the fixed account affected by the requested transaction; Social Security Number or Taxpayer Identification Number; and any other information, forms or supporting documentation that we may require. For certain transactions, at our option, we may require the signature of all Contract owners for the
request to be in good order. With respect to purchase requests, “good order” also generally includes receipt of sufficient payment by us to effect the purchase. We may, in our sole discretion, determine whether any particular transaction request is in good order, and we reserve the right to change or waive any good order requirements at any time.
Non-Qualified Annuity: A contract which is not intended to satisfy requirements of Sections 408(b) (Individual Retirement Annuities (IRAs) including inherited IRAs), 408A (Roth IRA including inherited Roth IRA), 408(p) (SIMPLE IRA), 408(k) (Simplified Employee Pension IRA (SEP) plans), 401(a) (Custodial and investment only accounts maintained for qualified retirement plans) or 403(b) (Tax-Sheltered Annuities (TSAs) of the Code.
Owner (you, your): The person or persons identified in the Contract as owner(s) of the Contract, who has or have the right to control the Contract (to decide on investment allocations, transfers, payout options, etc.). Usually, but not always, the owner is also the annuitant. During the owner’s life, the owner is responsible for taxes, regardless of whether he or she receives the Contract’s benefits. The owner or any joint owner may be a nonnatural person (e.g. irrevocable trust or corporation) or a revocable trust. If any owner is a nonnatural person or a revocable trust, the annuitant will be deemed to be the owner for Contract provisions that are based on the age or life of the owner. When the Contract is owned by a revocable trust or irrevocable grantor trust, the annuitant(s) selected must be the grantor(s) of the trust to assure compliance with Section 72(s) of the Code. Any Contract provisions that are based on the age of the owner will be based on the age of the oldest owner. Any ownership change, including continuation of the Contract by your spouse under the spousal continuation provision of the Contract, redefines “owner”, “you” and “your”.
Qualified annuity: A contract that you purchase to fund a tax-deferred retirement plan that is subject to applicable federal law and any rules of the plan itself. Currently, we offer contracts only for Tax-Sheltered Annuities (TSAs) under Section 403(b) of the Code.
A qualified annuity will not provide any necessary or additional tax deferral if it is used to fund a retirement plan that is already tax-deferred.
All other contracts are considered nonqualified annuities.
Required Distribution: Under inherited nonqualified stretch annuities, the amount required to be distributed each year for the contract to satisfy Section 72(s)(2) of the Code as it relates to the decedent (the person whose death triggered the payment of death benefit proceeds applied to the contract).
Rider: You receive a rider to your contract when you purchase optional benefits. The rider adds the terms of the optional benefit to your Contract.
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 3
Separate Account: An insulated segregated account, the assets of which are invested solely in an underlying Fund. We call this the Variable Account.
Service Center: Our department that processes all transaction and service requests for the Contracts. We consider all transaction and service requests received when they arrive in good order at the Service Center. Any transaction or service requests sent or directed to any location other than our Service Center may end up delayed or not processed. Our Service Center address and telephone number are listed on the first page of the prospectus.
Subaccount: A division of the Variable Account, each of which invests in one Fund.
Surrender value: The amount you are entitled to receive if you make a full surrender from your Contract. It is the Contract value immediately prior to the surrender, minus any applicable charges.
Valuation date: Any normal business day, Monday through Friday, on which the NYSE is open, up to the time it closes. At the NYSE close, the next valuation date begins. We calculate the accumulation unit value of each subaccount on each valuation date. If your contract anniversary is not a valuation date, your contract value for that contract anniversary will be based on close of business values on the next valuation date.
If we receive your purchase payment or any transaction request (such as a transfer or surrender request) in good order at our Service Center before the close of business, we will process your payment or transaction using the accumulation unit value we calculate on the valuation date we received your payment or transaction request. On the other hand, if we receive your purchase payment or transaction request in good order at our Service Center at or after the close of business, we will process your payment or transaction using the accumulation unit value we calculate on the next valuation date. If you make a transaction request by telephone (including by fax), you must have completed your transaction by the close of business in order for us to process it using the accumulation unit value we calculate on that valuation date. If you were not able to complete your transaction before the close of business for any reason, including telephone service interruptions or delays due to high call volume, we will process your transaction using the accumulation unit value we calculate on the next valuation date.
Variable Account: Refers to the RiverSource Variable Account 10, a Separate Account established to hold Contract owners’ assets allocated to the Subaccounts, each of which invests in a particular Fund.
4 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Overview of the Contract
Purpose: The purpose of the contract is to allow you to accumulate money for retirement or a similar long-term goal. You do this by making one or more purchase payments.
The contract described in this prospectus is available for limited purchases including certain qualified contracts, inherited nonqualified stretch annuities, and to accommodate certain 1035 exchanges of non-qualified contracts.
The contract offers various optional features and benefits that may help you achieve financial goals.
It may be appropriate for you if you have a long-term investment horizon and your financial goals are consistent with the terms and conditions of the contract.
If you plan to manage your investment in the contract by frequent or short-term trading, the contract is not suitable for you.
Phases of the Contract:
The contract has two phases: the Accumulation Phase and the Income Phase.
Accumulation Phase. During the Accumulation Phase, you make purchase payments by investing in: available Subaccounts, each of which has a particular investment objective, investment strategies, fees and expenses; Special DCA Fixed Account and GPAs which earn interest at rates that we adjust periodically and declare when you make an allocation to that account. These accounts, in turn, may earn returns that increase the value of the contract. If the contract value goes to zero due to underlying fund’s performance or deduction of fees, the contract (including any death benefit riders) will no longer be in force and the contract will terminate.
A list of investment options and additional information regarding each investment option available under the contract is provided in Appendix A – Investment Options Available Under the Contract.
The amount of money you accumulate under your contract depends (in part) on the performance of the Subaccounts you choose or the rates you earn on allocations to the Special DCA Fixed Account and GPAs. The GPAs have guaranteed interest rates for guarantee periods we declare when you allocate purchase payments or transfer contract value to them. A positive or negative MVA is assessed if any portion of a Guarantee Period Account is surrendered or transferred more than thirty days before the end of its guarantee period. You could lose up to 100% of the amount withdrawn from a GPA as a result of a negative MVA. The following transactions when applied to a GPA, which we refer to as "early surrenders", are subject to an MVA when they occur more than 30 days prior to the end of the guarantee period, unless an exception applies: (i) surrenders (including full and partial surrenders, systematic withdrawals, and required minimum distributions), (ii) transfers, and (iii) annuitization. We will not apply a negative MVA to the payment of the death benefit. An MVA may increase the death benefit but will not decrease it.  You may transfer money between investment options during the Accumulation Phase, subject to certain restrictions. Your contract value impacts the value of your contract’s benefits during the Accumulation Phase, including any optional benefits, as well as the amount available for withdrawal, annuitization and death benefits.
Income Phase. The Income Phase begins when you (or your beneficiary) choose to annuitize the contract. You can apply your contract value (less any applicable premium tax and/or other charges) to an annuity payout plan that begins on the annuitization start date or any other date you elect. You may choose from a variety of plans that can help meet your retirement or other income needs. We can make payouts on a fixed or variable basis, or both. You cannot take withdrawals of contract value or surrender the contract during the Income Phase.
All optional death benefits terminate after the annuitization start date.
Contract features:
•
Death Benefits. If you die during the Accumulation Phase, we will pay a death benefit to your beneficiary or beneficiaries. The contract includes a standard death benefit at no additional charge. You may be able to elect (or may have elected) one of the optional death benefits under the contract for an additional fee. Death benefits must be elected at the time that the contract is purchased. Each optional death benefit is designed to provide a greater amount payable upon death. After the death benefit is paid, the contract will terminate.
•
Surrenders. You may surrender all or part of your contract value at any time during the Accumulation Phase. If you request a full surrender, the contract will terminate. You also may establish automated partial surrenders. Surrenders may be subject to income taxes (including an IRS penalty that may apply if you surrender prior to reaching age 59½) and may have other tax consequences. Early surrenders of contract value invested in a GPA are subject to an MVA and could result in a significant negative contract adjustment. Throughout this prospectus when we use the term “Surrender” it includes the term “Withdrawal”.
•
Tax Treatment. You can transfer money between Subaccounts and GPAs without tax implications, and earnings (if any) on your investments are generally tax-deferred. Generally, earnings are not taxed until they are distributed, which may occur when making a withdrawal, upon receiving an annuity payment, or upon payment of the death benefit.
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 5
Additional Services:
•
Dollar Cost Averaging Programs. Automated Dollar Cost Averaging allows you, at no additional cost, to transfer a set amount monthly between Subaccounts. Special Dollar Cost Averaging (SDCA), only available for new purchase payments, allows the systematic transfer from the Special DCA fixed account to one or more eligible Subaccounts over a 6- or 12-month period.
•
Asset Rebalancing. Allows you, at no additional cost, to automatically rebalance the Subaccount portion of your contract value on a periodic basis.
•
Income Guide. An optional service, currently offered without charge, which provides reporting and monitoring of withdrawals you take from your contract.
•
Automated Partial Surrenders. An optional service allowing you to set up automated partial surrenders from the GPAs, Special DCA fixed account or the Subaccounts.
•
Electronic Delivery. You may register for the electronic delivery of your current prospectus and other documents related to your contract.
6 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Important Information You Should Consider About the Contract 
 
FEES, EXPENSES, AND ADJUSTMENTS
Location in
Statutory
Prospectus
Are There Charges
or Adjustments for
Early
Withdrawals?
Yes. A positive or negative MVA is assessed if any portion of a GPA is
surrendered or transferred more than thirty days before the end of its
guarantee period. You could lose up to 100% of the amount withdrawn from
a GPA as a result of a negative MVA.
For example, if you allocate $100,000 to a GPA with a 3-year guarantee
period 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 taxes and tax penalties.
The following transactions when applied to a GPA, which we refer to as
"early surrenders", are subject to an MVA when they occur more than
30 days prior to the end of the guarantee period, unless an exception
applies: (i) surrenders (including full and partial surrenders, systematic
withdrawals, and required minimum distributions), (ii) transfers, and
(iii) annuitization. We will not apply a negative MVA to the payment of the
death benefit. An MVA may increase the death benefit but will not decrease
it. 
Charges and
Adjustments –
Transaction
Expenses –
Surender Charge
for Fixed Annuity
Payout Plans
Charges and
Adjustments –
Adjustments –
Market Value
Adjustments
Are There
Transaction
Charges?
No. Other than negative MVAs, we do not assess any transaction charges.
 
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 7
 
FEES, EXPENSES, AND ADJUSTMENTS
Location in
Statutory
Prospectus
Are There Ongoing
Fees and
Expenses?
Yes. The table below describes the current fees and expenses that you
may pay each year, depending on the investment options and optional
benefits 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.
Fee Table and
Examples
Charges and
Adjustments –
Annual Contract
Expenses
Appendix A:
Investment
Options Available
Under the
Contract
Annual Fee
Minimum
Maximum
Base Contract (varies by size of
Contract Value)(1)
0.96%
0.96%
Fund options
(Funds fees and expenses)(2)
0.50%
2.44%
Optional benefits available for an
additional charge
(for a single optional benefit, if
elected)(3)
0.10%
1.00%
(1) As a percentage of average daily contract value in the variable account. Includes the
Mortality and Expense Fee and contract administrative charge.
(2) As a percentage of Fund net assets.
(3) As a percentage of Contract Value or the greater of Contract Value or applicable
guaranteed benefit amount (varies by optional benefit). The Minimum is a percentage of
average daily Contract value in the Variable Account. The Maximum is a percentage of the
greater of Contract value or guaranteed death benefit.
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 negative MVAs that
substantially increase costs.
Lowest Annual Cost:
$1,329
Highest Annual Cost:
$2,530
Assumes:
•Investment of $100,000
•5% annual appreciation
•Least expensive combination of
Contract features and Fund fees
and expenses
•No optional benefits
•No sales charge
•No additional purchase payments,
transfers or withdrawals
Assumes:
•Investment of $100,000
•5% annual appreciation
•Most expensive combination of
Contract features, optional
benefits and Fund fees and
expenses
•No sales charge
•No additional purchase payments,
transfers or withdrawals
 
RISKS
 
Is There a Risk of
Loss from Poor
Performance?
Yes. You can lose money by investing in this Contract including loss of
principal.
Principal Risks of
Investing in the
Contract
8 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
 
RISKS
Location in
Statutory
Prospectus
Is this a
Short-Term
Investment?
No.
•The Contract is not a short-term investment and is not appropriate for an
investor who needs ready access to cash.
•Surrenders may also be subject to taxes and tax penalties.
•Surrenders from a GPA prior to 30 days before the end of the guarantee
period may also result in a negative MVA. During the 30-day period
ending on the last day of the guarantee period, you may choose to start
a new guarantee period of the same length, transfer the contract value
from the current GPA to any of the investment options available under
the Contract, apply the contract value to an annuity payout plan, or
surrender the value from the current GPA (all subject to applicable
surrender, transfer, and annuitization provisions). If we do not receive
any instructions by the end of the guarantee period, we will automatically
transfer the contract value from the current GPA into the shortest GPA
term available.
•The benefits of tax deferral and long-term income mean the contract is
generally more beneficial to investors with a long term investment
horizon.
Principal Risks of
Investing in the
Contract
Charges and
Adjustments –
Adjustments –
Market Value
Adjustments
What Are the
Risks Associated
with the
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 under the GPAs and any Fixed Account
investment options) investment options has its own unique risks.
•You should review the investment options before making any investment
decisions.
Principal Risks of
Investing in the
Contract
The Variable
Account and the
Funds
The  “Nonunitized”
Separate Account
and Guarantee
Period Accounts
(GPAs)
The Fixed Account
What Are the
Risks Related to
the Insurance
Company?
An investment in the Contract is subject to the risks related to us. Any
obligations (including under the Fixed Account) or guarantees and benefits
of the Contract that exceed the assets of the Separate Account are subject
to our claims-paying ability. If we experience financial distress, we may not
be able to meet our obligations to you. More information about RiverSource
Life, including our financial strength ratings, is available by contacting us at
1-800-862-7919.
Principal Risks of
Investing in the
Contract
The General
Account
 
RESTRICTIONS
 
Are There
Restrictions on
the Investment
Options?
Yes.
•Subject to certain restrictions, you may transfer your Contract value
among the subaccounts without charge at any time before the
annuitization start date, and once per contract year after the
annuitization start date.
•Certain transfers out of the GPAs will be subject to an MVA.
•GPAs (available for applications dated prior to 12/5/2022) are subject to
certain restrictions
•We reserve the right to modify, restrict or suspend your transfer
privileges if we determine that your transfer activity constitutes market
timing.
•We reserve the right to add, remove or substitute Funds as investment
options. We also reserve the right, upon notification to you, to close or
restrict any Funds.
Making the Most
of Your Contract –
Transferring
Among Accounts
Substitution of
Investments
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 9
 
RESTRICTIONS
Location in
Statutory
Prospectus
Are There any
Restrictions on
Contract
Benefits?
Yes.
•Certain optional benefits limit or restrict the investment options you may
select under the Contract. If you later decide you do not want to invest in
those approved investment options, you must request a full surrender.
•We may stop offering an optional benefit at any time for new sales.
Optional
Benefits –
Enhanced Legacy
Benefit –
Investment
Allocation
Restriction
 
TAXES
 
What Are the
Contract’s Tax
Implications?
•Consult with a tax advisor to determine the tax implications of an
investment in and payments and withdrawals received under this
Contract.
•If you purchase the Contract through a tax-qualified plan or individual
retirement account, you do not get any additional tax benefit.
•Earnings under your contract are taxed at ordinary income tax rates
generally when withdrawn. You may have to pay a tax penalty if you take
a withdrawal before age 59½.
Taxes
 
CONFLICTS OF INTEREST
 
How Are
Investment
Professionals
Compensated?
Your investment professional may receive compensation for selling this
Contract to you, in the form of commissions, additional cash benefits (e.g.,
bonuses), and non-cash compensation. This financial incentive may
influence your investment professional to recommend this Contract over
another investment for which the investment professional is not
compensated or compensated less.
About the Service
Providers
Should I Exchange
My Contract?
If you already own an annuity or insurance Contract, some investment
professionals may have a financial incentive to offer you a new Contract in
place of the one you own. You should only exchange a Contract you already
own if you determine, after comparing the features, fees, and risks of both
Contracts, that it is better for you to purchase the new Contract rather than
continue to own your existing Contract.
Buying Your
Contract –
Contract
Exchanges
10 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Fee Table and Examples
The following tables describe the fees,  expenses and adjustments that you will pay when buying, owning, surrendering, or making withdrawals from an investment option or from the Contract. Please refer to your Contract Data page for information about the specific fees you will pay each year based on the options you have elected.
The first table describes the fees and expenses that you will pay at the time that you buy the Contract, surrender or make withdrawals from the Contract. State premium taxes also may be deducted.
Transaction Expenses
Surrender Charge for Fixed Annuity Payout Plans
(As a percentage of the present value of the remaining guaranteed payouts.)  
Number of Completed Years Since Annuitization*
Surrender charge percentage
1
5%
2
4
3
3
4
2
5
1
6 and thereafter
0
*We do not permit surrenders in the first year after annuitization.
The next table describes the adjustments, in addition to any transaction expenses, that apply if all or a portion of contract value is removed from an investment option before the expiration of a specified period.
Adjustments
 
MVA Maximum Potential Loss (as a percentage of amount withdrawn from a GPA)(1)
100%
(1)
The following transactions when applied to a GPA, which we refer to as "early surrenders", are subject to an MVA when they occur more than 30 days prior to the end of the guarantee period, unless an exception applies: (i) surrenders (including full and partial surrenders, systematic withdrawals, and required minimum distributions), (ii) transfers, and (iii) annuitization. We will not apply a negative MVA to the payment of the death benefit. An MVA may increase the death benefit but will not decrease it. 
The next table describes the fees and expenses that you will pay each year during the time that you own the contract (not including Funds fees and expenses). If you choose to purchase an optional benefit, you will pay additional charges, as shown below.
Annual Contract Expenses
Administrative Expenses
(assessed annually and upon full surrender) 
Annual contract administrative charge*
Maximum: $50
Current: $50
Annual contract administrative charge if your contract value equals or exceeds $50,000
Maximum: $20
Current: $0
* Upon full surrender of the contract, we will assess this charge even if your contract value equals or exceeds $50,000.
Base Contract Expenses(1)
(As a percentage of average daily contract value in the variable account)  
Standard Death Benefit
Maximum/Current:
0.95%
(1) Base Contract Expenses are called Mortality and Expense Risk Fees in the Contract and elsewhere in this prospectus.
Optional Benefit Expenses
Optional Death Benefits
You may select one of the following optional death benefit riders for an additional fee. 
ROPP Death Benefit
Maximum/Current:
0.35%
MAV Death Benefit
Maximum/Current:
0.25%
5-year MAV Death Benefit
Maximum/Current:
0.10%
If you choose one of the above optional death benefits, we will add the rider fee to your mortality and expense risk fee.  
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 11
Benefit Protector Death Benefit rider fee
Maximum: 0.25%
Current: 0.25%
(As a percentage of contract value charged annually on the contract anniversary.) 
Enhanced LegacySM Benefit fee
Maximum: 1.75%
Current: 1.00%
(Charged annually on the contract anniversary. Prior to age 86, the charge is calculated by multiplying the annual rider fee by the greater of the ROPP value, Accumulation Death Benefit (ADB) value (after any increase is added) or MAV or the contract value. On or following age 86, the charge is calculated by multiplying the annual rider fee by the greater of the ROPP value, ADB value (after any increase is added) or MAV.)
The next table shows the minimum and maximum total operating expenses charged by the funds that you may pay periodically during the time that you own the contract. Expenses shown may change over time and may be higher or lower in the future. A complete list of funds available under the contract, including their annual expenses, may be found in Appendix A.
Annual Fund Expenses(1)
 
Total Annual Fund Expenses
Minimum(%)
Maximum(%)
(expenses deducted from the Fund assets, including management fees, distribution and/or service
(12b-1) fees and other expenses)
0.50
2.44
(1)
Total annual Fund operating expenses are deducted from amounts that are allocated to the Fund. They include management fees and other expenses and may include distribution (12b-1) fees. Other expenses may include service fees that may be used to compensate service providers, including us and our affiliates, for administrative and contract owner services provided on behalf of the Fund. The amount of these payments will vary by Fund and may be significant. See “The Variable Account and the Funds” for additional information, including potential conflicts of interest these payments may create. Distribution (12b-1) fees are used to finance any activity that is primarily intended to result in the sale of Fund shares. Because 12b-1 fees are paid out of Fund assets on an ongoing basis, you may pay more if you select Subaccounts investing in Funds that have adopted 12b-1 plans than if you select Subaccounts investing in Funds that have not adopted 12b-1 plans. For a more complete description of each Fund’s fees and expenses and important disclosure regarding payments the Fund and/or its affiliates make, please review the Fund’s prospectus and SAI.
Examples
These examples are intended to help you compare the cost of investing in the contract. These costs include Transaction Expenses, Annual Contract Expenses, and Annual Fund expenses.
The examples assume all contract value is allocated to the subaccounts. The examples do not reflect the MVA that only applies to GPAs. Your costs could differ from those shown below if you invest in the GPAs or fixed account investment options.
These examples assume that you invest $100,000 in the contract for the time periods indicated. These examples also assume that your investment has a 5% return each year. The “Maximum” example further assumes the most expensive combination of Annual Contract Expenses reflecting the maximum charges, Annual Fund Expenses and optional benefits available. The “Minimum” example further assumes the least expensive combination of Annual Contract Expenses reflecting the current charges, Annual Fund Expenses and that no optional benefits are selected. Although your actual costs may be higher or lower, based on these assumptions your maximum and minimum costs would be:
Maximum Expenses. These examples assume that you select optional Enhanced Legacy Benefit. Although your actual costs may be higher or lower, based on these assumptions your costs would be: 
If you surrender your contract
at the end of the applicable time period:
If you do not surrender your contract
or if you select an annuity payout plan
at the end of the applicable time period:
1 year
3 years
5 years
10 years
1 year
3 years
5 years
10 years
$3,068
$9,284
$15,750
$33,068
$3,018
$9,234
$15,700
$33,018
Minimum Expenses. These examples assume that you have the Standard Death Benefit and do not select any optional benefits. Although your actual costs may be higher, based on these assumptions your costs would be: 
If you surrender your contract
at the end of the applicable time period:
If you do not surrender your contract
or if you select an annuity payout plan
at the end of the applicable time period:
1 year
3 years
5 years
10 years
1 year
3 years
5 years
10 years
$1,536
$4,667
$8,022
$17,497
$1,486
$4,617
$7,972
$17,447
THE EXAMPLES ARE ILLUSTRATIVE ONLY. YOU SHOULD NOT CONSIDER THESE EXAMPLES AS A REPRESENTATION OF PAST OR FUTURE EXPENSES. ACTUAL EXPENSES WILL BE HIGHER OR LOWER THAN THOSE SHOWN DEPENDING UPON WHICH OPTIONAL BENEFIT YOU ELECT OTHER THAN INDICATED IN THE EXAMPLES OR IF YOU ALLOCATE CONTRACT VALUE TO ANY OTHER AVAILABLE SUBACCOUNTS.
12 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Buying the Contract
The RAVA 5 Access contract is available for limited purchases including certain qualified contracts, inherited nonqualified stretch annuities, and to accommodate certain 1035 exchanges of non-qualified contracts. You can buy a contract if you are 90 or younger on the date the contract is issued.
Purchase Payments
You must complete an application and send it along with your initial purchase payment to our Service Center. We are required by law to obtain personal information from you which we will use to verify your identity. If you do not provide this information, we reserve the right to refuse to issue your contract or take other steps we deem reasonable. As the owner, you have all rights and may receive all benefits under the contract. You may buy a qualified or nonqualified annuity. Generally, you can own a nonqualified annuity in joint tenancy with rights of survivorship only in spousal situations.
Under inherited nonqualified stretch annuities, all purchase payments must be received in the form of death benefit proceeds from a nonqualified annuity contract through a tax-free exchange pursuant to Section 1035 of the Code and the owner and annuitant must be the same individual.
You cannot own a qualified annuity or inherited nonqualified stretch annuity in joint tenancy.
Minimum initial purchase payments*  
Qualified annuities
$2,000
Nonqualified annuities
$10,000
Minimum additional purchase payments*
$50
Maximum total purchase payments** (without our approval) based on the contract year and your age on the effective date of the payment:
For the first contract year and total: 
through age 85
$1,000,000
for ages 86 to 90
$100,000
age 91 or older
$0
For the second through fifth contract year thereafter if maximum purchase payment not already received: 
through age 85
$100,000
for ages 86 to 90
$50,000
age 91 or older
$0
For each contract year thereafter***: 
through age 85
$0
for ages 86 to 90
$0
age 91 or older
$0
According to our current administrative practice, the Maximum Total Purchase Payments for the first contract year and total is increased to $3,000,000 through age 75 and to $1,000,000 for ages 76 to 90.
*
If a group billing arrangement is set up through your employer, the minimum initial and minimum additional purchase payment is $25.
**
These limits apply in total to all RiverSource Life annuities you own unless a higher amount applies to your contract. We reserve the right to waive or increase the maximum limit. For qualified annuities, the Code’s limits on annual contributions also apply. Additional purchase payments for inherited IRA contracts cannot be made unless the payment is IRA money inherited from the same decedent.
***
Additional purchase payments are not allowed after the fifth contract year unless this is a tax qualified contract, in which case we allow additional purchase payments in any contract year up to the maximum permissible annual contribution described by the Code that was in effect on the contract date.
Subject to state restrictions, we reserve the right to change these purchase payment limitations, including making further restrictions, upon prior written notice.
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 13
Limitations on Additional Purchase Payments
Under inherited nonqualified stretch annuities, additional purchase payments are not allowed after the first partial surrender, including Required Distributions. Additional purchase payments must be received in the form of death benefit proceeds from a nonqualified annuity contract through a tax-free exchange pursuant to Section 1035 of the Code from the same decedent. We reserve the right to restrict any additional purchase payments that interfere with our ability to begin required distributions as required by applicable law. (see “Surrenders – Required Distributions for Inherited Nonqualified Stretch Annuities”).
Crediting Purchase Payments to Your Account
Initial Purchase Payments. If your application is complete, we will process it and apply your purchase payment to your investment selections within two business days after we receive it at our Service Center. If we accept your application, we will send you a contract. If your application is not complete, you must give us the information to complete it within five business days. If we cannot accept your application within five business days, we will decline it and return your payment unless you specifically ask us to keep the payment and apply it once your application is complete.
Subsequent Purchase Payments. We will credit additional eligible purchase payments you make to your accounts on the valuation date we receive them. If we receive an additional purchase payment at our Service Center before the close of business, we will credit any portion of that payment allocated to the subaccounts using the accumulation unit value we calculate on the valuation date we received the payment. If we receive an additional purchase payment at our Service Center at or after the close of business, we will credit any portion of that payment allocated to the subaccounts using the accumulation unit value we calculate on the next valuation date after we received the payment.
Making Withdrawals: Accessing the Money in Your Contract
You may surrender all or part of your contract at any time before the annuitization start date.
We may ask you to return the contract. You may have to pay a contract administrative charge or any applicable optional rider charges (see “Charges”) and federal income taxes and penalties. State and local income taxes may also apply. (see “Taxes”) You cannot make surrenders after the annuitization start date except if you elect an annuity payout plan with guaranteed payouts.
Any partial surrender you take under the contract will reduce your contract value. As a result, the value of your death benefit or any optional death benefits you have elected also will be reduced.
Required Distributions for Inherited Nonqualified Stretch Annuities
Required Distributions must be made from this contract as required and determined under Section 72(s)(2) of the Code and are considered surrenders. Required Distributions must be made at least annually and begin no later than one year after the date of death of the decedent (the person whose death triggered the payment of death benefit proceeds applied to the contract).
The initial Required Distribution will be based on the total purchase payments divided by your life expectancy. Future Required Distributions for each calendar year will be based on the previous year-end contract value divided by your life expectancy reduced by the number of calendar years since the first distribution. Your life expectancy is determined based on your age as of December 31st of the calendar year when the first partial surrender is taken using the Single Life Expectancy (Table I) in 1.401(a)(9)-9, Q&A-1 of the Income Tax Regulations, as amended.
We will process your Required Distribution according to our automated Required Distribution plan and our procedures that are currently in effect. We will calculate the amount of the required distribution each year and automatically distribute it (if you haven’t already surrendered enough that calendar year). The first annual distribution will process either seven calendar days prior to the first anniversary of the decedent’s date of death or on December 20 of the issue year, whichever occurs first. For contracts issued on or after December 20 in a calendar year, the first annual distribution will process on the next business day after the contract is issued. For all subsequent years, the distribution will process on December 20. If December 20 falls on a weekend, the distribution will process on the next business day.
You may take partial surrenders or a full surrender at any time. If you've already taken surrenders from your annuity in a calendar year, the amount of the automatic distribution will be reduced accordingly. If the total partial surrenders in a calendar year equal or exceed the Required Distribution, the automated Required Distribution will not process for that year.
We reserve the right to process Required Distributions as required by applicable law. We reserve the right to amend this endorsement or our Required Distribution rules, at any time and in any respect, to the extent necessary to comply with applicable laws, rules, and regulations.
14 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Note: Required distributions for inherited nonqualified annuities are not the same as IRS Required Minimum Distributions that are required for certain IRAs and retirement plans. Amounts distributed for inherited nonqualified annuities cannot be used to meet the RMD requirement for any IRA or retirement plan you may own.
Please see “Surrenders” in your prospectus for more information about surrenders.
Requesting a Withdrawal
You can request to surrender all or part of your contract value by sending us a written request or calling us. If we receive your surrender request at our Service Center in good order before the close of the NYSE (4:00pm Eastern time unless the NYSE closes earlier), we will process your surrender using the accumulation unit value we calculate on the valuation date we received your surrender request. If we receive your surrender request at our Service Center in good order at or after the close of the NYSE (4:00pm Eastern time unless the NYSE closes earlier), we will process your surrender using the accumulation unit value we calculate on the next valuation date after we received your surrender request.
Normally, we will send the payment within seven days after receiving your request in good order. However, we may postpone the payment if:
–
the NYSE is closed, except for normal holiday and weekend closings;
–
trading on the NYSE is restricted, according to SEC rules;
–
an emergency, as defined by SEC rules, makes it impractical to sell securities or value the net assets of the accounts; or
–
the SEC permits us to delay payment for the protection of security holders.
We may also postpone payment of the amount attributable to a purchase payment as part of the total surrender amount until cleared from the originating financial institution.
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 15
Benefits Available Under the Contract
The following table summarizes information about the benefits available under the Contract. 
Name of Benefit
Purpose
Maximum Fee
Current Fee
Brief Description of Restrictions/
Limitations
Standard Benefits
Dollar Cost
Averaging
Allows the systematic
transfer of a specified
dollar amount among
the subaccounts
N/A
N/A
•Transfers not available to or from
the Special DCA fixed account
Special Dollar
Cost Averaging
(SDCA)
Allows the systematic
transfer from the
Special DCA fixed
account to one or more
eligible subaccounts
N/A
N/A
•Must be funded with a purchase
payment, not transferred contract
value
•Only 6-month and 12-month options
are available
•Transfers occur on a monthly basis
and the first monthly transfer
occurs one day after we receive
your purchase payment
•You may not use the Special DCA
fixed account as a destination for
the Special DCA monthly transfer.
Asset
Rebalancing
Allows you to have your
investments
periodically rebalanced
among the
subaccounts to your
pre-selected
percentages
N/A
N/A
•You must have $2,000 in Contract
Value to participate.
•We require 30 days notice for you to
change or cancel the program
•You can request rebalancing to be
done either quarterly, semiannually
or annually
Income Guide
Provides withdrawal
monitoring and
reporting to help you
monitor your
withdrawals with the
goal of taking
withdrawals over your
lifetime
N/A
N/A
•Contract owners must be at least
age 50 and no older than age 85
•Available only if the servicing
broker-dealer on your contract is
Ameriprise Financial Services, LLC
•Not available if you are making
substantially equal withdrawals
•Not available if you have more than
one systematic withdrawal program
in place
•Systematic withdrawals must be set
up according to the all the terms of
Income Guide
•Your contract cannot have any loans
Automated
Partial
Surrenders/
Systematic
Withdrawals
Allows automated
partial surrenders from
the contract
N/A
N/A
•Additional systematic payments are
not allowed with automated partial
surrenders
•May result in income taxes and
penalty on all or a portion of the
amounts surrendered
Standard Death
Benefit
(available for
contract owners
age 80 and
Provides a guaranteed
death benefit equal to
the greater of the
Return of Purchase
Payment Value (ROPP)
N/A
N/A
•Annuitizing the Contract terminates
the benefit.
•Withdrawals will proportionately
reduce the benefit, which means
your benefit could be reduced by
16 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Name of Benefit
Purpose
Maximum Fee
Current Fee
Brief Description of Restrictions/
Limitations
younger)
or
Contract Value after
any rider charges have
been deducted
 
 
more than the dollar amount of your
withdrawals, and such reductions
could be significant
Standard Death
Benefit
(available for
contract owners
age 81 and
older)
Provides a guaranteed
death benefit equal to
the Contract Value
after any rider charges
have been deducted
N/A
N/A
•Annuitizing the Contract terminates
the benefit.
Optional Benefits
ROPP Death
Benefit
Provides a guaranteed
death benefit equal to
the greater of the
Return of Purchase
Payment Value (ROPP)
or Contract Value after
any rider charges have
been deducted
0.35% of
average daily
contract value
in the variable
account
0.35%
•Available if any owner is age 81 and
older
•Must be elected at contract issue
•Not available with Enhanced Legacy
Benefit
•Withdrawals will proportionately
reduce the benefit, which means
your benefit could be reduced by
more than the dollar amount of your
withdrawals, and such reductions
could be significant
•Annuitizing the Contract terminates
the benefit
MAV Death
Benefit
Increases the
guaranteed death
benefit to the highest
anniversary contract
value, adjusted for any
partial surrenders
0.25% of
average daily
contract value
in the variable
account
0.25%
•Available to owners age 79 and
younger
•Must be elected at contract issue
•Not available with Enhanced Legacy
Benefit
•No longer eligible to increase on
any contract anniversary on/after
your 81st birthday.
•Withdrawals will proportionately
reduce the benefit, which means
your benefit could be reduced by
more than the dollar amount of your
withdrawals. Such reductions could
be significant.
•Annuitizing the Contract terminates
the benefit
5-year MAV
Death Benefit
Increases the
guaranteed death
benefit to the highest
5th anniversary
contract value,
adjusted for any partial
surrenders
0.10% of
average daily
contract value
in the variable
account
0.10%
•Available to owners age 75 and
younger
•Must be elected at contract issue
•Not available with Enhanced Legacy
Benefit
•No longer eligible to increase on
any contract anniversary on/after
your 81st birthday
•Withdrawals will proportionately
reduce the benefit, which means
your benefit could be reduced by
more than the dollar amount of your
withdrawals. Such reductions could
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 17
Name of Benefit
Purpose
Maximum Fee
Current Fee
Brief Description of Restrictions/
Limitations
 
 
 
 
be significant
•Annuitizing the Contract terminates
the benefit
Benefit Protector
Death Benefit
Provides an additional
death benefit, based
on a percentage of
contract earnings, to
help offset expenses
after death such as
funeral expenses or
federal and state taxes
0.25% of
contract value
0.25%
•Available to owners age 75 and
younger
•Must be elected at contract issue
•Only available if elected with
Standard death benefit (for owners
age 79 or younger), MAV or 5-year
MAV
•For contract owners age 70 and
older at issue, the benefit
decreases from 40% to 25% of
earnings
•Annuitizing the Contract terminates
the benefit
Enhanced
LegacySM Benefit
Increases the
guaranteed death
benefit to the greater
of the MAV (i.e. the
highest anniversary
contract value) and
ADB value (i.e
purchase payments
compounded at 5%),
adjusted for any partial
surrenders
1.75% of the
greater of
contract value
and guaranteed
death benefit
(On or after
age 86, 1.75%
of guaranteed
death benefit).
1.00%
•Available to owners age 75 and
younger
•Must be elected at contract issue
•Not available with any other death
benefit rider
•Subject to Investment Allocation
restrictions
•No longer eligible to increase on
any contract anniversary following
your 81st (for ADB value) or 86th
(for MAV) birthday
•Withdrawals will proportionately
reduce the benefit, which means
your benefit could be reduced by
more than the dollar amount of your
withdrawals. Such reductions could
be significant
•Annuitizing the Contract terminates
the benefit
18 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Appendix A: Investment Options Available Under the Contract
The following is a list of funds available under the contract. More information about the funds is available in the prospectuses for the funds, which may be amended from time to time and can be found online at riversource.com. You can also request this information at no cost by calling 1-800-862-7919 or by sending an email request to [email protected]. Depending on the optional benefits you choose, you may not be able to invest in certain funds.   See table below "Funds Available Under the Enhanced Legacy Benefit."
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 and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks to maximize total
return consistent with
AllianceBernstein’s
determination of
reasonable risk.
AB VPS Dynamic Asset Allocation Portfolio
(Class B)1
AllianceBernstein L.P.
1.10%2
10.43%
3.15%
3.82%
Seeks long-term growth
of capital.
AB VPS Large Cap Growth Portfolio (Class B)
AllianceBernstein L.P.
0.90%
24.95%
15.87%
15.67%
Seeks long-term growth
of capital.
AB VPS Relative Value Portfolio (Class B)3
AllianceBernstein L.P.
0.86%
12.76%
9.54%
9.39%
Seeks long-term growth
of capital.
AB VPS Sustainable Global Thematic
Portfolio (Class B)3
AllianceBernstein L.P.
1.16%2
5.96%
8.77%
9.45%
Seeks long-term capital
appreciation.
Allspring VT Opportunity Fund - Class 21
Allspring Funds Management, LLC, adviser;
Allspring Global Investments, LLC,
sub-adviser.
1.00%2
15.05%
11.72%
10.78%
Seeks long-term capital
appreciation.
Allspring VT Small Cap Growth Fund -
Class 2
Allspring Funds Management, LLC, adviser;
Allspring Global Investments, LLC,
sub-adviser.
1.17%
18.70%
6.60%
8.65%
The Portfolio seeks
investment results that
correspond (before fees
and expenses) generally
to the price and yield
performance of its
underlying index, the
Alerian Midstream
Energy Select Index
(the “Index”).
ALPS | Alerian Energy Infrastructure
Portfolio: Class III
ALPS Advisors, Inc.
1.30%2
40.60%
14.15%
5.07%
Seeks long-term growth
of capital.
BlackRock Advantage SMID Cap V.I. Fund
(Class III)3
BlackRock Advisors, LLC
0.80%2
11.70%
8.41%
8.94%
Seeks high total
investment return.
BlackRock Global Allocation V.I. Fund
(Class III)
BlackRock Advisors, LLC, adviser; BlackRock
(Singapore) Limited and BlackRock
International Limited, sub-advisers.
1.02%2
9.01%
5.74%
5.33%
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 19
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks long-term capital
appreciation.
BNY Mellon Sustainable U.S. Equity
Portfolio, Inc. - Service Shares3
BNY Mellon Investment Adviser, Inc.,
adviser; Newton Investment Management
Limited, sub-adviser.
0.92%
24.58%
13.18%
11.25%
Seeks to achieve 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 F3
Calvert Research and Management
0.89%
18.91%
9.02%
8.04%
Seeks maximum total
investment return
through a combination
of capital growth and
current income.
Columbia Variable Portfolio - Balanced Fund
(Class 2)(available for contract applications
signed on or after 5/3/2021)
Columbia Management Investment Advisers,
LLC
1.00%
14.30%
4.79%
9.15%
Seeks maximum total
investment return
through a combination
of capital growth and
current income.
Columbia Variable Portfolio - Balanced Fund
(Class 3)(available for contract applications
signed on or after 5/3/2021)
Columbia Management Investment Advisers,
LLC
0.88%
14.43%
4.92%
9.28%
Seeks to provide
shareholders with total
return.
Columbia Variable Portfolio - Commodity
Strategy Fund (Class 2)
Columbia Management Investment Advisers,
LLC
1.00%2
7.09%
5.69%
8.94%
Seeks total return,
consisting of long-term
capital appreciation and
current income.
Columbia Variable Portfolio - Contrarian Core
Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.95%2
23.09%
9.62%
14.78%
Seeks to provide
shareholders with high
total return through
income and growth of
capital.
Columbia Variable Portfolio - Corporate Bond
Fund (Class 2)(previously Columbia Variable
Portfolio - Global Strategic Income Fund
(Class 2))
Columbia Management Investment Advisers,
LLC
0.72%2
3.30%
(0.78%)
0.63%
Seeks to provide
shareholders with
capital appreciation.
Columbia Variable Portfolio - Disciplined
Core Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.92%
25.74%
8.14%
13.77%
Seeks to provide
shareholders with a high
level of current income
and, as a secondary
objective, steady growth
of capital.
Columbia Variable Portfolio - Dividend
Opportunity Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.98%2
15.12%
5.97%
8.62%
20 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Non-diversified fund that
seeks to provide
shareholders with high
total return through
current income and,
secondarily, through
capital appreciation.
Columbia Variable Portfolio - Emerging
Markets Bond Fund (Class 2)
Columbia Management Investment Advisers,
LLC
1.00%2
6.13%
(0.70%)
0.46%
Seeks to provide
shareholders with
long-term capital growth.
Columbia Variable Portfolio - Emerging
Markets Fund (Class 2)
Columbia Management Investment Advisers,
LLC
1.34%2
5.45%
(8.32%)
(1.01%)
Seeks to provide
shareholders with
maximum current
income consistent with
liquidity and stability of
principal.
Columbia Variable Portfolio - Government
Money Market Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.61%2
4.71%
3.42%
2.09%
Seeks to provide
shareholders with high
current income as its
primary objective and,
as its secondary
objective, capital
growth.
Columbia Variable Portfolio - High Yield Bond
Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.89%2
6.88%
2.18%
3.51%
Seeks to provide
shareholders with a high
total return through
current income and
capital appreciation.
Columbia Variable Portfolio - Income
Opportunities Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.89%2
5.71%
1.86%
3.07%
Seeks to provide
shareholders with a high
level of current income
while attempting to
conserve the value of
the investment for the
longest period of time.
Columbia Variable Portfolio - Intermediate
Bond Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.77%
1.73%
(3.72%)
(0.06%)
Seeks to provide
shareholders with
long-term capital growth.
Columbia Variable Portfolio - Large Cap
Growth Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.97%
31.01%
8.59%
17.18%
Seeks to provide
shareholders with
long-term capital
appreciation.
Columbia Variable Portfolio - Large Cap Index
Fund (Class 2)(available for contract
applications signed on or after 5/3/2021)
Columbia Management Investment Advisers,
LLC
0.50%
24.40%
8.39%
13.94%
Seeks to provide
shareholders with
long-term capital
appreciation.
Columbia Variable Portfolio - Large Cap Index
Fund (Class 3)(available for contract
applications signed on or after 5/3/2021)
Columbia Management Investment Advisers,
LLC
0.38%
24.54%
8.52%
14.07%
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 21
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks to provide
shareholders with a
level of current income
consistent with
preservation of capital.
Columbia Variable Portfolio - Limited
Duration Credit Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.66%2
4.64%
1.48%
1.81%
Seeks total return,
consisting of current
income and capital
appreciation.
Columbia Variable Portfolio - Long
Government/Credit Bond Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.72%2
(4.39%)
(9.65%)
(3.58%)
Seeks to provide
shareholders with
capital appreciation.
Columbia Variable Portfolio - Overseas Core
Fund (Class 2)
Columbia Management Investment Advisers,
LLC
1.04%
3.16%
0.41%
3.87%
Seeks long-term capital
appreciation.
Columbia Variable Portfolio - Select Large
Cap Equity Fund (Class 2)3
Columbia Management Investment Advisers,
LLC
0.92%
23.82%
8.26%
14.35%
Seeks to provide
shareholders with
long-term growth of
capital.
Columbia Variable Portfolio - Select Large
Cap Value Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.94%
12.58%
5.04%
9.29%
Seeks to provide
shareholders with
growth of capital.
Columbia Variable Portfolio - Select Mid Cap
Growth Fund (Class 2)
Columbia Management Investment Advisers,
LLC
1.07%2
23.37%
2.06%
10.80%
Seeks to provide
shareholders with
long-term growth of
capital.
Columbia Variable Portfolio - Select Mid Cap
Value Fund (Class 2)
Columbia Management Investment Advisers,
LLC
1.07%2
12.27%
3.73%
9.58%
Seeks to provide
shareholders with
long-term capital growth.
Columbia Variable Portfolio - Select Small
Cap Value Fund (Class 2)
Columbia Management Investment Advisers,
LLC
1.10%2
13.66%
2.95%
9.19%
Seeks to provide
shareholders with
long-term capital
appreciation.
Columbia Variable Portfolio - Seligman
Global Technology Fund (Class 2)3
Columbia Management Investment Advisers,
LLC
1.18%2
26.58%
7.71%
20.37%
Seeks long-term capital
appreciation.
Columbia Variable Portfolio - Small Cap
Value Fund (Class 2)3
Columbia Management Investment Advisers,
LLC
1.13%2
8.67%
6.37%
10.98%
Seeks total return,
consisting of current
income and capital
appreciation.
Columbia Variable Portfolio - Strategic
Income Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.94%2
4.51%
0.33%
1.82%
Seeks to provide
shareholders with
current income as its
primary objective and,
as its secondary
objective, preservation
of capital.
Columbia Variable Portfolio -
U.S. Government Mortgage Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.71%
1.33%
(2.91%)
(1.06%)
22 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks to provide
shareholders with a high
level of current income.
CTIVP® - American Century Diversified Bond
Fund (Class 2)
Columbia Management Investment Advisers,
LLC, adviser; American Century Investment
Management, Inc., subadviser.
0.75%
1.53%
(3.33%)
(0.39%)
Non-diversified fund that
seeks to provide
shareholders with total
return that exceeds the
rate of inflation over the
long term.
CTIVP® - BlackRock Global Inflation-Protected
Securities Fund (Class 2)
Columbia Management Investment Advisers,
LLC, adviser; BlackRock Financial
Management, Inc., subadviser; BlackRock
International Limited, sub-subadviser.
0.87%2
(1.20%)
(5.46%)
(0.78%)
Seeks to provide
shareholders with
current income and
capital appreciation.
CTIVP® - CenterSquare Real Estate Fund
(Class 2)
Columbia Management Investment Advisers,
LLC, adviser; CenterSquare Investment
Management LLC, subadviser.
1.07%
9.86%
(1.90%)
4.79%
Seeks to provide
shareholders with
long-term capital growth.
CTIVP® - Principal Blue Chip Growth Fund
(Class 2) (on or about June 1, 2025 to be
known as CTIVP® - Principal Large Cap
Growth Fund (Class 2))
Columbia Management Investment Advisers,
LLC, adviser; Principal Global Investors, LLC,
subadviser.
0.94%
21.12%
6.58%
13.51%
Seeks to provide
shareholders with
long-term growth of
capital and income.
CTIVP® - T. Rowe Price Large Cap Value Fund
(Class 2)
Columbia Management Investment Advisers,
LLC, adviser; T. Rowe Price Associates, Inc.,
subadviser.
0.95%
11.68%
4.99%
8.18%
Seeks to provide
shareholders with total
return through current
income and capital
appreciation.
CTIVP® - TCW Core Plus Bond Fund (Class 2)
Columbia Management Investment Advisers,
LLC, adviser; TCW Investment Management
Company LLC, subadviser.
0.74%
0.51%
(3.13%)
(0.53%)
Seeks to provide
shareholders with
long-term growth of
capital.
CTIVP® - Victory Sycamore Established Value
Fund (Class 2)
Columbia Management Investment Advisers,
LLC, adviser; Victory Capital Management
Inc., subadviser.
1.07%
9.62%
5.26%
10.59%
Seeks to provide
shareholders with
long-term capital growth.
CTIVP® - Wellington Large Cap Value Fund
(Class 2) (previously CTIVP® - MFS® Value
Fund (Class 2))
Columbia Management Investment Advisers,
LLC, adviser; Wellington Management
Company LLP, subadviser.
0.87%2
11.44%
3.99%
7.77%
Seeks to provide
shareholders with
long-term capital growth.
CTIVP® - Westfield Mid Cap Growth Fund
(Class 2)
Columbia Management Investment Advisers,
LLC, adviser; Westfield Capital Management
Company, L.P., subadviser.
1.07%2
17.19%
2.87%
10.02%
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 23
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks to provide
shareholders with
long-term capital growth.
CTIVP® - Westfield Select Large Cap Growth
Fund (Class 2)
Columbia Management Investment Advisers,
LLC, adviser; Westfield Capital Management
Company, L.P., subadviser.
0.94%
27.15%
(0.79%)
10.38%
Seeks investment
results that correspond
to the total return
performance of common
stocks as represented
by the MSCI EAFE Index.
CVT EAFE International Index Portfolio -
Class F3
Calvert Research and Management
0.68%2
2.95%
4.18%
4.60%
Seeks investment
results that correspond
to the investment
performance of U.S.
common stocks, as
represented by the
NASDAQ 100 Index.
CVT Nasdaq 100 Index Portfolio - Class F3
Calvert Research and Management, adviser;
Ameritas Investment Partners, Inc,
subadviser.
0.73%2
24.89%
19.29%
17.64%
Seeks investment
results that correspond
to the investment
performance of U.S.
common stocks, as
represented by the
Russell 2000® Index.
CVT Russell 2000® Small Cap Index
Portfolio - Class F3
Calvert Research and Management, adviser;
Ameritas Investment Partners, Inc,
subadviser.
0.59%2
11.00%
6.93%
7.24%
Seeks capital
appreciation.
DWS Alternative Asset Allocation VIP,
Class B
DWS Investment Management Americas
Inc., adviser; RREEF America L.L.C.,
subadvisor.
1.26%
5.30%
3.97%
2.83%
Seeks high level of
current income.
Eaton Vance VT Floating-Rate Income Fund -
Initial Class3
Eaton Vance Management
1.19%
7.68%
4.24%
3.92%
Seeks long-term capital
appreciation.
Fidelity® VIP Contrafund® Portfolio Service
Class 2
Fidelity Management & Research Company
(the Adviser) is the fund’s manager. Fidelity
Management & Research Company (UK)
Limited, Fidelity Management & Research
Company (Hong Kong) Limited, Fidelity
Management & Research Company (Japan)
Limited, subadvisers.
0.81%
33.45%
16.74%
13.33%
Seeks capital
appreciation.
Fidelity® VIP Emerging Markets Portfolio
Service Class 23
Fidelity Management & Research Company
(the Adviser) is the fund’s manager. Fidelity
Management & Research Company (UK)
Limited, Fidelity Management & Research
Company (Hong Kong) Limited, Fidelity
Management & Research Company (Japan)
Limited, FIL Investment Advisers, FIL
Investment Advisers (UK) Limited and FIL
Investments (Japan) Limited, subadvisers.
1.13%
9.71%
4.09%
5.78%
24 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks capital
appreciation.
Fidelity® VIP Energy Portfolio Service
Class 23
Fidelity Management & Research Company
(the Adviser) is the fund’s manager. Fidelity
Management & Research Company (UK)
Limited, Fidelity Management & Research
Company (Hong Kong) Limited, Fidelity
Management & Research Company (Japan)
Limited, subadvisers.
0.85%
4.02%
12.13%
4.19%
Seeks high total return
through a combination
of current income and
capital appreciation.
Fidelity® VIP Growth & Income Portfolio
Service Class 23
Fidelity Management & Research Company
(the Adviser) is the fund’s manager. Fidelity
Management & Research Company (UK)
Limited, Fidelity Management & Research
Company (Hong Kong) Limited, Fidelity
Management & Research Company (Japan)
Limited, subadvisers.
0.74%
21.91%
13.10%
11.11%
Seeks to provide capital
growth.
Fidelity® VIP Growth Opportunities Portfolio
Service Class 23
Fidelity Management & Research Company
(the Adviser) is the fund’s manager. Fidelity
Management & Research Company (UK)
Limited, Fidelity Management & Research
Company (Hong Kong) Limited, Fidelity
Management & Research Company (Japan)
Limited, subadvisers.
0.82%
38.54%
18.46%
17.93%
Seeks capital
appreciation.
Fidelity® VIP International Capital
Appreciation Portfolio Service Class 23
Fidelity Management & Research Company
(the Adviser) is the fund’s manager. Fidelity
Management & Research Company (UK)
Limited, Fidelity Management & Research
Company (Hong Kong) Limited, Fidelity
Management & Research Company (Japan)
Limited, FIL Investment Advisers, FIL
Investment Advisers (UK) Limited and FIL
Investments (Japan) Limited, subadvisers.
1.03%
7.92%
6.61%
8.01%
Seeks as high level of
current income as is
consistent with the
preservation of capital.
Fidelity® VIP Investment Grade Bond
Portfolio Service Class 23
Fidelity Management & Research Company
(the Adviser) is the fund’s manager. Fidelity
Management & Research Company (UK)
Limited, Fidelity Management & Research
Company (Hong Kong) Limited, Fidelity
Management & Research Company (Japan)
Limited, subadvisers.
0.63%
1.50%
0.20%
1.68%
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 25
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks long-term growth
of capital.
Fidelity® VIP Mid Cap Portfolio Service
Class 2
Fidelity Management & Research Company
(the Adviser) is the fund’s manager. Fidelity
Management & Research Company (UK)
Limited, Fidelity Management & Research
Company (Hong Kong) Limited, Fidelity
Management & Research Company (Japan)
Limited, subadvisers.
0.82%
17.18%
11.06%
8.94%
Seeks a high level of
current income and may
also seek capital
appreciation.
Fidelity® VIP Strategic Income Portfolio
Service Class 2
Fidelity Management & Research Company
(the Adviser) is the fund’s manager. Fidelity
Management & Research Company (UK)
Limited, Fidelity Management & Research
Company (Hong Kong) Limited, Fidelity
Management & Research Company (Japan)
Limited, FIL Investment Advisers, FIL
Investment Advisers (UK) Limited and FIL
Investments (Japan) Limited, subadvisers.
0.89%
5.78%
2.54%
3.34%
Seeks to maximize
income while
maintaining prospects
for capital appreciation.
Under normal market
conditions, the fund
invests in a diversified
portfolio of equity and
debt securities.
Franklin Income VIP Fund - Class 21
Franklin Advisers, Inc.
0.72%2
7.20%
5.29%
5.27%
Seeks to maximize
income while
maintaining prospects
for capital appreciation.
Under normal market
conditions, the fund
invests in a diversified
portfolio of equity and
debt securities.
Franklin Income VIP Fund - Class 43
Franklin Advisers, Inc.
0.82%2
7.08%
5.17%
5.16%
Seeks capital
appreciation.
Franklin Mutual Global Discovery VIP Fund -
Class 43
Franklin Mutual Advisers, LLC
1.26%
4.58%
6.31%
5.76%
Seeks capital
appreciation, with
income as a secondary
goal. Under normal
market conditions, the
fund invests primarily in
U.S. and foreign equity
securities that the
investment manager
believes are
undervalued.
Franklin Mutual Shares VIP Fund - Class 21
Franklin Mutual Advisers, LLC
0.94%
11.27%
5.75%
5.83%
26 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
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 21
Franklin Mutual Advisers, LLC
0.90%2
11.71%
8.36%
8.17%
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 43
Franklin Mutual Advisers, LLC
1.00%2
11.60%
8.27%
8.07%
Seeks long-term growth
of capital.
Goldman Sachs VIT Small Cap Equity
Insights Fund - Service Shares3
Goldman Sachs Asset Management, L.P.
1.06%2
18.82%
8.73%
8.69%
Seeks total return with a
low to moderate
correlation to traditional
financial market indices.
Invesco V.I. Balanced-Risk Allocation Fund,
Series II Shares4
Invesco Advisers, Inc.
1.06%2
3.56%
2.51%
3.57%
Seeks capital growth
and income through
investments in equity
securities, including
common stocks,
preferred stocks and
securities convertible
into common and
preferred stocks.
Invesco V.I. Comstock Fund, Series II
Shares3
Invesco Advisers, Inc.
1.01%
14.87%
11.31%
9.21%
Seeks total return,
comprised of current
income and capital
appreciation.
Invesco V.I. Core Plus Bond Fund, Series II
Shares3
Invesco Advisers, Inc.
0.87%2
2.72%
0.08%
1.98%
Seeks capital
appreciation.
Invesco V.I. Global Fund, Series II Shares
Invesco Advisers, Inc.
1.06%
15.78%
9.21%
9.58%
Seeks total return
Invesco V.I. Global Strategic Income Fund,
Series II Shares1
Invesco Advisers, Inc.
1.18%2
3.02%
(0.43%)
1.28%
Seeks capital
appreciation.
Invesco V.I. Main Street Small Cap Fund®,
Series II Shares
Invesco Advisers, Inc.
1.11%
12.41%
10.21%
8.73%
Seeks long-term growth
of capital.
Invesco V.I. Technology Fund, Series II
Shares3
Invesco Advisers, Inc.
1.22%
33.86%
14.36%
14.11%
Seeks long-term capital
growth, consistent with
preservation of capital
and balanced by current
income.
Janus Henderson Balanced Portfolio:
Service Shares
Janus Henderson Investors US LLC
0.87%
15.15%
8.06%
8.40%
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 27
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks to obtain
maximum total return,
consistent with
preservation of capital.
Janus Henderson Flexible Bond Portfolio:
Service Shares
Janus Henderson Investors US LLC
0.82%2
1.63%
0.09%
1.35%
Seeks long-term growth
of capital.
Janus Henderson Forty Portfolio: Service
Shares3
Janus Henderson Investors US LLC
0.83%
28.14%
15.12%
15.36%
Seeks long-term growth
of capital.
Janus Henderson Global Technology and
Innovation Portfolio: Service Shares3
Janus Henderson Investors US LLC
0.97%
31.76%
17.80%
19.06%
Seeks long-term growth
of capital.
Janus Henderson Overseas Portfolio:
Service Shares3
Janus Henderson Investors US LLC
1.13%
5.58%
6.95%
5.29%
Seeks long-term growth
of capital.
Janus Henderson Research Portfolio:
Service Shares1
Janus Henderson Investors US LLC
0.92%
34.96%
16.49%
14.25%
Seeks long-term capital
appreciation.
Lazard Retirement Emerging Markets Equity
Portfolio - Service Shares3
Lazard Asset Management, LLC
1.40%2
7.43%
3.03%
3.26%
Seeks total return.
Lazard Retirement Global Dynamic
Multi-Asset Portfolio - Service Shares
Lazard Asset Management, LLC
1.05%2
8.60%
2.33%
4.35%
Seeks high current
income and the
opportunity for capital
appreciation to produce
a high total return.
Lord Abbett Series Fund Bond Debenture
Portfolio - Class VC3
Lord, Abbett & Co LLC
0.99%
6.72%
1.90%
3.73%
Seeks a high level of
income consistent with
preservation of capital.
Lord Abbett Series Fund Short Duration
Income Portfolio - Class VC3
Lord, Abbett & Co LLC
0.84%
5.14%
1.70%
2.09%
Seeks capital growth.
LVIP American Century International Fund,
Service Class3
Lincoln Financial Investments Corporation,
investment adviser; American Century
Investment Management, Inc., investment
sub-adviser.
1.10%2
2.46%
3.39%
4.77%
Seeks long-term capital
growth. Income is a
secondary objective.
LVIP American Century Mid Cap Value Fund,
Service Class3
Lincoln Financial Investments Corporation,
investment adviser; American Century
Investment Management, Inc., investment
sub-adviser.
1.01%2
8.52%
7.13%
7.87%
Seeks long-term capital
growth. Income is a
secondary objective.
LVIP American Century Value Fund, Service
Class
Lincoln Financial Investments Corporation,
investment adviser; American Century
Investment Management, Inc., investment
sub-adviser.
0.86%2
9.29%
8.41%
8.01%
28 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks to provide high
total return from a
portfolio of selected
equity securities.
LVIP JPMorgan U.S. Equity Fund - Service
Class
Lincoln Investment Advisors Corporation,
adviser; J.P. Morgan Investment
Management Inc., subadviser.
0.90%
23.68%
15.45%
13.11%
Seeks to provide total
return.
Macquarie VIP Asset Strategy Series -
Service Class
Ivy Investment Management Company
0.85%2
12.44%
6.56%
5.27%
Seeks high current
income.
Macquarie VIP Fund for Income Series -
Service Class3
Delaware Management Company, adviser;
Macquarie Investment Management Global
Limited, Macquarie Investment Management
Austria Kapitalanlage AG and Macquarie
Investment Management Europe Limited,
subadvisers.
1.05%2
6.30%
-
-
Seeks long-term capital
growth.
Macquarie VIP International Core Equity
Series - Service Class3
Delaware Management Company, adviser;
Macquarie Funds Management HK Ltd.,
Macquarie Investment Management Global
Limited, subadvisers.
1.11%2
3.73%
4.70%
4.23%
Seeks total return.
MFS® Global Real Estate Portfolio - Service
Class3
Massachusetts Financial Services Company
1.15%2
(2.92%)
0.66%
4.47%
Seeks capital
appreciation.
MFS® International Growth Portfolio -
Service Class3
Massachusetts Financial Services Company
1.13%2
8.76%
5.84%
7.56%
Seeks capital
appreciation.
MFS® Research International Portfolio -
Service Class3
Massachusetts Financial Services Company
1.14%2
2.78%
3.64%
4.95%
Seeks total return.
MFS® Utilities Series - Service Class
Massachusetts Financial Services Company
1.04%2
11.34%
5.61%
6.02%
The Fund seeks
long-term capital growth
by investing primarily in
common stocks and
other equity securities.
Morgan Stanley VIF Discovery Portfolio,
Class II Shares
Morgan Stanley Investment Management
Inc.
1.05%2
41.73%
11.11%
12.02%
Seeks long-term growth
of capital by investing
primarily in securities of
companies that meet
the Fund’s
environmental, social
and governance (ESG)
criteria.
Neuberger Berman AMT Sustainable Equity
Portfolio (Class S)
Neuberger Berman Investment Advisers LLC
1.15%
25.52%
13.68%
11.18%
Seeks maximum real
return, consistent with
preservation of real
capital and prudent
investment
management.
PIMCO VIT All Asset Portfolio, Advisor Class
Pacific Investment Management Company
LLC (PIMCO)
2.37%2
3.57%
4.31%
4.25%
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 29
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks total return which
exceeds that of a blend
of 60% MSCI World
Index/40% Barclays
U.S. Aggregate Index.
PIMCO VIT Global Managed Asset Allocation
Portfolio, Advisor Class1
Pacific Investment Management Company
LLC (PIMCO)
1.28%2
10.75%
6.03%
5.75%
Seeks maximum total
return, consistent with
preservation of capital
and prudent investment
management.
PIMCO VIT Total Return Portfolio, Advisor
Class
Pacific Investment Management Company
LLC (PIMCO)
0.89%
2.43%
(0.13%)
1.43%
Seeks capital
appreciation.
Putnam VT Global Health Care Fund -
Class IB Shares
Putnam Investment Management, LLC,
investment advisor; Sub-advisers-Franklin
Advisers, Inc., Franklin Templeton
Investment Management Limited and The
Putnam Advisory Company, LLC
0.98%
1.43%
7.94%
7.65%
Seeks capital growth.
Current income is a
secondary objective.
Putnam VT International Value Fund -
Class IB Shares
Putnam Investment Management, LLC,
investment advisor. Sub-advisers- Franklin
Advisers, Inc., Franklin Templeton
Investment Management Limited and The
Putnam Advisory Company, LLC
1.07%
5.21%
6.81%
5.46%
Seeks capital growth
and current income.
Putnam VT Large Cap Value Fund - Class IB
Shares
Putnam Investment Management, LLC,
investment advisor; Sub-advisers- Franklin
Advisers, Inc. and Franklin Templeton
Investment Management Limited
0.80%
19.14%
12.45%
10.88%
Seeks long-term capital
appreciation.
Putnam VT Sustainable Future Fund -
Class IB Shares
Putnam Investment Management, LLC,
investment advisor; Sub-advisers- Franklin
Advisers, Inc. and Franklin Templeton
Investment Management Limited
1.06%
14.88%
9.54%
8.84%
Seeks long-term capital
appreciation.
Putnam VT Sustainable Leaders Fund -
Class IB Shares
Putnam Investment Management, LLC,
investment advisor. Sub-advisers- Franklin
Advisers, Inc. and Franklin Templeton
Investment Management Limited
0.88%
23.02%
13.72%
13.50%
Seeks high current
income, consistent with
preservation of capital,
with capital appreciation
as a secondary
consideration. Under
normal market
conditions, the fund
invests at least 80% of
its net assets in debt
securities of any
maturity.
Templeton Global Bond VIP Fund - Class 21
Franklin Advisers, Inc.
0.75%2
(11.37%)
(4.85%)
(2.03%)
30 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks long-term capital
appreciation by
investing in common
stocks of gold-mining
companies. The Fund
may take current
income into
consideration when
choosing investments.
VanEck VIP Global Gold Fund (Class S
Shares)
Van Eck Associates Corporation
1.45%2
14.41%
5.46%
6.69%
Seeks to provide a high
level of total return that
is consistent with an
aggressive level of risk.
Variable Portfolio - Aggressive Portfolio
(Class 2)5
Columbia Management Investment Advisers,
LLC
1.04%
13.20%
2.78%
7.64%
Seeks to provide a high
level of total return that
is consistent with a
conservative level of
risk.
Variable Portfolio - Conservative Portfolio
(Class 2)5
Columbia Management Investment Advisers,
LLC
0.87%2
4.42%
(1.47%)
1.46%
Pursues total return
while seeking to
manage the Fund’s
exposure to equity
market volatility.
Variable Portfolio - Managed Risk Fund
(Class 2)4,5
Columbia Management Investment Advisers,
LLC
1.02%2
9.41%
0.49%
3.90%
Pursues total return
while seeking to
manage the Fund’s
exposure to equity
market volatility.
Variable Portfolio - Managed Risk U.S. Fund
(Class 2)4,5
Columbia Management Investment Advisers,
LLC
0.99%
11.70%
1.93%
5.68%
Pursues total return
while seeking to
manage the Fund’s
exposure to equity
market volatility.
Variable Portfolio - Managed Volatility
Conservative Fund (Class 2)4,5
Columbia Management Investment Advisers,
LLC
0.95%
4.31%
(1.86%)
0.96%
Pursues total return
while seeking to
manage the Fund’s
exposure to equity
market volatility.
Variable Portfolio - Managed Volatility
Conservative Growth Fund (Class 2)4,5
Columbia Management Investment Advisers,
LLC
0.98%
6.80%
(0.87%)
2.32%
Pursues total return
while seeking to
manage the Fund’s
exposure to equity
market volatility.
Variable Portfolio - Managed Volatility Growth
Fund (Class 2)4,5
Columbia Management Investment Advisers,
LLC
1.01%
11.98%
1.11%
5.18%
Pursues total return
while seeking to
manage the Fund’s
exposure to equity
market volatility.
Variable Portfolio - Managed Volatility
Moderate Growth Fund (Class 2)4,5
Columbia Management Investment Advisers,
LLC
0.98%
9.41%
0.18%
3.82%
Seeks to provide a high
level of total return that
is consistent with a
moderate level of risk.
Variable Portfolio - Moderate Portfolio
(Class 2)5
Columbia Management Investment Advisers,
LLC
0.97%
8.72%
0.80%
4.73%
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 31
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks to provide a high
level of total return that
is consistent with a
moderately aggressive
level of risk.
Variable Portfolio - Moderately Aggressive
Portfolio (Class 2)5
Columbia Management Investment Advisers,
LLC
1.01%
11.00%
1.68%
6.13%
Seeks to provide a high
level of total return that
is consistent with a
moderately conservative
level of risk.
Variable Portfolio - Moderately Conservative
Portfolio (Class 2)5
Columbia Management Investment Advisers,
LLC
0.94%
6.41%
(0.45%)
2.98%
Seeks to provide
shareholders with a high
level of current income
while conserving the
value of the investment
for the longest period of
time.
Variable Portfolio - Partners Core Bond Fund
(Class 2)
Columbia Management Investment Advisers,
LLC, adviser; J.P. Morgan Investment
Management Inc. and Allspring Global
Investments, LLC, subadvisers.
0.73%
2.01%
(2.22%)
(0.10%)
Seeks to provide
shareholders with
long-term capital growth.
Variable Portfolio - Partners Core Equity Fund
(Class 2)
Columbia Management Investment Advisers,
LLC, adviser; J.P. Morgan Investment
Management Inc. and T. Rowe Price
Associates, Inc., subadvisers.
0.93%
23.10%
8.09%
13.75%
Seeks to provide
shareholders with
long-term growth of
capital.
Variable Portfolio - Partners International
Core Equity Fund (Class 2)
Columbia Management Investment Advisers,
LLC, adviser; Schroder Investment
Management North America Inc.,
subadviser; Schroder Investment
Management North America Limited,
sub-subadviser.
1.07%
5.58%
(0.14%)
4.57%
Seeks to provide
shareholders with
long-term capital growth.
Variable Portfolio - Partners International
Growth Fund (Class 2)
Columbia Management Investment Advisers
LLC, adviser; William Blair Investment
Management, LLC and Walter Scott &
Partners Limited, subadvisers.
1.06%2
(1.41%)
(6.20%)
2.17%
Seeks to provide
shareholders with
long-term capital growth.
Variable Portfolio - Partners International
Value Fund (Class 2)
Columbia Management Investment Advisers,
LLC, adviser; Pzena Investment
Management, LLC and Thompson, Siegel &
Walmsley LLC, subadvisers.
1.05%2
4.30%
2.49%
2.87%
Seeks to provide
shareholders with
long-term capital growth.
Variable Portfolio - Partners Small Cap
Growth Fund (Class 2)
Columbia Management Investment Advisers,
LLC, adviser; Goldman Sachs Asset
Management, LP and Segall Bryant & Hamill
LLC, subadvisers.
1.10%2
18.70%
(3.47%)
6.11%
32 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2024)
1 Year
5 Year
10 Year
Seeks to provide
shareholders with
long-term capital
appreciation.
Variable Portfolio - Partners Small Cap Value
Fund (Class 2)
Columbia Management Investment Advisers,
LLC, adviser; Segall Bryant & Hamill, LLC
and William Blair Investment Management,
LLC, subadvisers.
1.09%2
7.70%
1.28%
5.98%
Pursues total return
while seeking to
manage the Fund’s
exposure to equity
market volatility.
Variable Portfolio - U.S. Flexible Conservative
Growth Fund (Class 2)4,5
Columbia Management Investment Advisers,
LLC
0.95%
9.41%
0.44%
2.89%
Pursues total return
while seeking to
manage the Fund’s
exposure to equity
market volatility.
Variable Portfolio - U.S. Flexible Growth Fund
(Class 2)4,5
Columbia Management Investment Advisers,
LLC
0.94%
17.15%
3.60%
6.12%
Pursues total return
while seeking to
manage the Fund’s
exposure to equity
market volatility.
Variable Portfolio - U.S. Flexible Moderate
Growth Fund (Class 2)4,5
Columbia Management Investment Advisers,
LLC
0.93%
13.19%
2.05%
4.57%
Seeks long-term capital
appreciation.
Wanger Acorn (on or about June 1, 2025 to
be known as Columbia Variable Portfolio -
Acorn Fund)
Columbia Wanger Asset Management, LLC
0.91%2
14.18%
(2.57%)
4.58%
Seeks long-term capital
appreciation.
Wanger International (on or about
June 1, 2025 to be known as Columbia
Variable Portfolio - Acorn International Fund)
Columbia Wanger Asset Management, LLC
1.08%2
(8.25%)
(10.79%)
(0.72%)
Seeks to maximize total
return.
Western Asset Variable Global High Yield
Bond Portfolio - Class II
Franklin Templeton Fund Adviser, LLC,
adviser; Western Asset Management
Company, LLC, subadviser.
1.06%
6.70%
1.81%
3.45%
1
Not available for contracts with applications signed on or after 12/5/2022.
2
This Fund and its investment adviser and/or affiliates have entered into a temporary expense reimbursement arrangement and/or fee waiver. The Fund’s annual expenses reflect temporary fee reductions. Please see the Fund’s prospectus for additional information.
3
4
This Fund is managed in a way that is intended to minimize volatility of returns. See “Principal Risks of Investing in the Contract.”
5
This Fund is a fund of funds and invests substantially all of its assets in other underlying funds. Because the Fund invests in other funds, it will bear its pro rata portion of the operating expenses of those underlying funds, including management fees.
Funds Available Under the Enhanced Legacy Benefit
For contracts issued with the Enhanced Legacy Benefit, you are required to invest your contract value in the Portfolio Stabilizer and certain Portfolio Navigator funds listed below:
1. Variable Portfolio – Managed Risk Fund (Class 2)
2. Variable Portfolio – Managed Risk U.S. Fund (Class 2)
3. Variable Portfolio – Managed Volatility Growth Fund (Class 2)
4. Variable Portfolio – Managed Volatility Moderate Growth Fund (Class 2)
5. Variable Portfolio – Managed Volatility Conservative Growth Fund (Class 2)
6. Variable Portfolio – Managed Volatility Conservative Fund (Class 2)
7. Variable Portfolio – U.S. Flexible Growth Fund (Class 2)
RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus 33
8. Variable Portfolio – U.S. Flexible Moderate Growth Fund (Class 2)
9. Variable Portfolio – U.S. Flexible Conservative Growth Fund (Class 2)
The Portfolio Navigator funds currently available are:
1. Variable Portfolio – Conservative Portfolio (Class 2)
2. Variable Portfolio – Moderate Conservative Portfolio (Class 2)
3. Variable Portfolio – Moderate Portfolio (Class 2)
4. Variable Portfolio – Moderately Aggressive Portfolio (Class 2)
The following is a list of investment options that earn fixed interest for a specified term currently available under the contract. We may change the features of the fixed interest options listed below and terminate existing options. We will provide you with written notice before doing so. Depending on the optional benefits you choose, you may not be able to invest in certain fixed investment options. See table above “Funds Available Under the Enhanced Legacy Benefit." See “The ‘Nonunitized’ Separate Account and the Guarantee Period Accounts (GPAs)” and “The Fixed Account” in the prospectus for more information about the fixed interest investment options.
Note: A positive or negative MVA is assessed if any portion of a GPA is surrendered or transferred more than thirty days before the end of its guarantee period. This may result in a significant reduction in your contract value. GPAs are not available for contracts with application signed dates on or after 12/5/2022. See “Charges and Adjustments – Adjustments – Market Value Adjustments” in the prospectus for more information about the MVA. 
Name
Term
Minimum
Guaranteed
Interest Rate
1 Year Guarantee Period Account
1 Year
0%
2 Year Guarantee Period Account
2 Years
0%
3 Year Guarantee Period Account
3 Years
0%
4 Year Guarantee Period Account
4 Years
0%
5 Year Guarantee Period Account
5 Years
0%
6 Year Guarantee Period Account
6 Years
0%
7 Year Guarantee Period Account
7 Years
0%
8 Year Guarantee Period Account
8 Years
0%
9 Year Guarantee Period Account
9 Years
0%
10 Year Guarantee Period Account
10 Years
0%
 
The following is a list of Fixed Options currently available under the Contract. We may change the features of the Fixed Options listed below or terminate existing Fixed Options. We will provide you with written notice before doing so.
Note: If amounts are withdrawn from a Fixed Option before the end of its term, we will not apply a contract adjustment. 
Name
Term
Contract
Issue
Year
Minimum
Guaranteed
Interest Rate
Special DCA Fixed Account
6 Months
2020
1.00%
2021
1.00%
2022
1.00%
2023
2.95%
2024
3.00%
2025
2.65%
Special DCA Fixed Account
1 Year
2020
1.00%
2021
1.00%
2022
1.00%
2023
2.95%
2024
3.00%
2025
2.65%
34 RiverSource RAVA 5 Access  Variable Annuity — Summary Prospectus
 
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The prospectus and Statement of Additional Information (SAI) include additional information about the Contract. The prospectus and SAI, dated the same date as this summary prospectus, are incorporated by reference. The prospectus and SAI are available, without charge, upon request. For a free copy of the prospectus, SAI, or for more information about the Contract, call us at 1-800-862-7919, visit our website at riversource.com/annuities or write to us at: 70100 Ameriprise Financial Center Minneapolis, MN 55474.
(RiverSource Annuity Logo) 
RiverSource Life Insurance Company
70100 Ameriprise Financial Center
Minneapolis, MN 55474
1-800-862-7919
ISP9104_12_D02_(09/25)
Reports and other information about RiverSource Variable Account 10 and RiverSource Life Insurance Company are available on the SEC’s website at http://www.sec.gov, and 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: C000219636; C000266992
©2008-2025 RiverSource Life Insurance Company. All rights reserved.

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