Form 497VPU RIVERSOURCE LIFE INSURAN

April 29, 2026 4:59 PM EDT
RiverSource®
Retirement Advisor Advantage Plus Variable Annuity
Retirement Advisor Select Plus Variable Annuity
Individual Flexible Premium Deferred Combination Fixed/Variable Annuities 
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
Updating Summary Prospectus
May 1, 2026
The Prospectus for the RiverSource Retirement Advisor Advantage Plus (RAVA Advantage Plus) and RiverSource Retirement Advisor Select Plus (RAVA Select Plus) Variable Annuities (the Contract), an individual flexible premium deferred combination fixed/variable annuity issued by RiverSource Life Insurance Company (“RVS Life”, “we”, “us” and “our”), is available and contains more information about the Contract including its features, benefits and risks. You can find the current prospectus 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 or by sending an email request to [email protected].
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 Retirement Advisor Advantage Plus/Retirement Advisor Select Plus Variable Annuity — Summary Prospectus 1
Contents
2 RiverSource Retirement Advisor Advantage Plus/Retirement Advisor Select Plus Variable Annuity — Summary Prospectus
Key Terms
These terms can help you understand details about your Contract.
Accumulation unit: A measure of the value of each subaccount before annuity payouts begin.
Annuitant: The person or persons on whose life or life expectancy the annuity payouts are based.
Annuity payouts: An amount paid at regular intervals under one of several plans.
Assumed investment rate: The rate of return we assume your investments will earn when we calculate your initial annuity payout amount using the annuity table in your Contract. The standard assumed investment rate we use is 5% but you may request we substitute an assumed investment rate of 3.5%.
Band 3 annuities: RAVA Advantage Plus and RAVA Select Plus contracts that are available for:
•
current or retired employees of Ameriprise Financial, Inc. or its subsidiaries and their spouses (employees),
•
current or retired Ameriprise financial advisors and their spouses (advisors), or
•
individuals investing an initial purchase payment of $1 million or more, with our approval (other individuals).
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: A deferred annuity contract that permits you to accumulate money for retirement by making one or more purchase payments. It provides for lifetime or other forms of payouts beginning at a specified time in the future.
Contract value: The total value of your Contract before we deduct any applicable charges.
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 to which you may allocate purchase payments. 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.
Guarantee Period: The number of successive 12-month periods that a guaranteed interest rate is credited.
Guarantee Period Accounts (GPAs): Options to which you may allocate purchase payments or transfer contract value of at least $1,000. These accounts are held in a non-unitized separate account. We periodically declare the guaranteed interest rates for the available guaranteed periods. These guaranteed rates and periods of time may vary by state. Unless an exception applies, transfers or surrenders from a GPA done more than 30 days before the end of the guarantee period will receive a market value adjustment, which may result in a gain or loss.
Market Value Adjustment (MVA): A positive or negative adjustment assessed if any portion of a Guarantee Period Account is surrendered or transferred more than 30 days before the end of its guarantee period.
Owner (you, your): A natural person or persons identified in the contract as owner(s) of the contract, (including a revocable trust) 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, the annuitant selected should be the grantor of the trust to assure compliance with Section 72(s) of the Code.
RiverSource Retirement Advisor Advantage Plus/Retirement Advisor Select Plus Variable Annuity — Summary Prospectus 3
Purchase payment credits: An addition we make to your contract value. We base the amount of the credit on the surrender charge schedule you elect and/or total purchase payments.
Qualified annuity: A contract that you purchase to fund one of the following tax-deferred retirement plans that is subject to applicable federal law and any rules of the plan itself:
•
Individual Retirement Annuities (IRAs) including inherited IRAs under Section 408(b) of the Code
•
Roth IRAs including inherited Roth IRAs under Section 408A of the Code
•
SIMPLE IRAs under Section 408(p) of the Code
•
Simplified Employee Pension IRA (SEP) plans under Section 408(k) of the Code
•
Plans under Section 401(k) of the Code
•
Custodial and investment only accounts maintained for qualified retirement plans under Section 401(a) of the Code
•
Tax-Sheltered Annuities (TSAs) under Section 403(b) of the Code
A qualified annuity will not provide any necessary or additional tax deferral because it is used to fund a retirement plan that is already tax-deferred.
All other contracts are considered nonqualified annuities.
Rider: You receive a rider to your contract when you purchase the EEB, EEP, MAV, 5-Year MAV, ROPP, Accumulation Benefit and/or Withdrawal Benefit rider. The rider adds the terms of the optional benefit to your contract.
Rider effective date: The date a rider becomes effective as stated in the rider.
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.
Settlement date: The date when annuity payouts are scheduled to begin.
Special Dollar-Cost Averaging (Special DCA) account: An account to which you may allocate new purchase payments of at least $10,000. Amounts you allocate to this account earn interest at rates that we declare periodically and will transfer into your specified subaccount allocations in six monthly transfers. The Special DCA account may not be available at all times.
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 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 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 Retirement Advisor Advantage Plus/Retirement Advisor Select Plus Variable Annuity — Summary Prospectus
Updated Information You Should Consider About the Contract
 
There have been no changes to the Contract during the applicable time period.
RiverSource Retirement Advisor Advantage Plus/Retirement Advisor Select Plus Variable Annuity — Summary Prospectus 5
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. Each Contract provides for different surrender charge periods and
percentages. In addition to the surrender charge, we may reverse a
purchase payment credit upon certain withdrawals within 12 months of
when the purchase payment credit was applied.
RAVA Advantage Plus. You may select either a seven-year or ten-year
surrender charge schedule at the time of application. If you select a
seven-year surrender charge schedule and you withdraw money during the
first 7 years from date of each purchase payment, you may be assessed a
surrender charge of up to 7% of the purchase payment withdrawn. If you
elect a ten-year surrender charge schedule and you withdraw money during
the first 10 years from date of each purchase payment, you may be
assessed a surrender charge of up to 8% of the purchase payment
withdrawn. For example, if you select a seven-year surrender charge
schedule and make an early withdrawal, you could pay a surrender charge
of up to $7,000 on a $100,000 investment. If you select a ten-year
surrender charge schedule and make an early withdrawal, you could pay a
surrender charge of up to $8,000 on a $100,000 investment. This loss will
be greater if there is a negative MVA, taxes, or tax penalties.
RAVA Select Plus. If you withdraw money during the first 3 years from the
contract date, you may be assessed a surrender charge of up to 7% of the
purchase payment withdrawn. For RAVA Select Plus contracts in Texas, if
you withdraw money during the first 3 years from the contract date, you
may be assessed a surrender charge of up to 8% of the purchase payment
withdrawn. For example, if you make a withdrawal in the first year, you
could pay a withdrawal charge of up to $7,000 on a $100,000 investment
($8,000 on a $100,000 investment for RAVA Select Plus contracts in
Texas). This loss will be greater if there is a negative MVA, taxes, or tax
penalties.
For each of the contracts above: 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 a surrender charge, 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.  
Fee Table and
Examples
Charges and
Adjustments –
Transaction
Expenses –
Surrender Charge
Charges and
Adjustments –
Adjustments –
Market Value
Adjustments
Are There
Transaction
Charges?
No. Other than surrender charges and negative MVAs, we do not assess
any transaction charges.
 
6 RiverSource Retirement Advisor Advantage Plus/Retirement Advisor Select Plus Variable Annuity — Summary Prospectus
 
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(1)
(varies by Contract and tax
qualification)
0.57%
1.22%
Fund options
(Funds fees and expenses)(2)
0.39%
2.32%
Optional benefits available for an
additional charge
(for a single optional benefit, if
elected)(3)
0.10%
2.50%
(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. 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 applicable guaranteed benefit amount (varies by optional 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 surrender charges
and negative MVAs that substantially increase costs.
Lowest Annual Cost:
$1,448
Highest Annual Cost:
$4,155
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
•No purchase payment credits
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
•No purchase payment credits
 
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
RiverSource Retirement Advisor Advantage Plus/Retirement Advisor Select Plus Variable Annuity — Summary Prospectus 7
 
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.
•Contracts have surrender charges, which may reduce the value of your
Contract if you withdraw money during the surrender charge period.
Surrenders may also reduce or terminate contract guarantees.
•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, long-term income, and optional living benefit
guarantees 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 –
Transaction
Expenses –
Surrender Charge
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) 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
8 RiverSource Retirement Advisor Advantage Plus/Retirement Advisor Select Plus Variable Annuity — Summary Prospectus
 
RESTRICTIONS
Location in
Statutory
Prospectus
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 settlement
date, and once per contract year after the settlement date.
•Certain transfers out of the GPAs will be subject to an MVA.
•GPAs and the regular Fixed Account 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
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.
•Certain optional benefits may limit subsequent purchase payments.
•Withdrawals in excess of the amount allowed under certain optional
benefits may substantially reduce the benefit or even terminate the
benefit.
Buying Your
Contract –
Purchase
Payments
Appendix A: Funds
Available Under
the Optional
Benefits Offered
Under the
Contract
 
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
RiverSource Retirement Advisor Advantage Plus/Retirement Advisor Select Plus Variable Annuity — Summary Prospectus 9
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 Optional Benefits Offered Under the Contract." 
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 12/31/2025)
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
13.21%
4.74%
5.25%
Seeks long-term growth
of capital.
AB VPS International Value Portfolio
(Class B)
AllianceBernstein L.P.
1.17%2
41.27%
10.19%
6.37%
Seeks long-term growth
of capital.
AB VPS Relative Value Portfolio (Class B)
AllianceBernstein L.P.
0.85%2
10.20%
11.15%
10.30%
Seeks long-term growth
of capital.
AB VPS Sustainable Global Thematic
Portfolio (Class B)
AllianceBernstein L.P.
1.20%2
6.02%
3.02%
9.80%
Seeks long-term capital
appreciation.
Allspring VT Opportunity Fund (Class 2)
Allspring Funds Management, LLC, adviser;
Allspring Global Investments, LLC,
subadviser.
1.00%2
6.71%
8.94%
11.85%
Seeks long-term capital
appreciation.
Allspring VT Small Cap Growth Fund
(Class 2)
Allspring Funds Management, LLC, adviser;
Allspring Global Investments, LLC,
subadviser.
1.16%
9.25%
(0.96%)
9.94%
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%
4.66%
22.06%
10.70%
Seeks high total
investment return.
BlackRock Global Allocation V.I. Fund
(Class III)3
BlackRock Advisors, LLC, adviser; BlackRock
(Singapore) Limited and BlackRock
International Limited, subadvisers.
1.01%2
19.42%
5.51%
7.33%
10 
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2025)
1 Year
5 Year
10 Year
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 I)
Calvert Research and Management
0.65%
11.48%
8.68%
9.81%
The portfolio is
designed to achieve
positive total return
relative to the
performance of the
Bloomberg Commodity
Index Total Return
("BCOM Index").
Cantor Fitzgerald Commodity Return Strategy
Portfolio (Class 1) (previously Credit Suisse
Trust - Commodity Return Strategy Portfolio
(Class 1))
O’Connor Alternative Investments, LL
1.05%2
15.36%
10.28%
5.59%
Seeks long-term growth
of capital.
ClearBridge Variable Small Cap Growth
Portfolio - Class I
Franklin Templeton Fund Adviser, LLC,
adviser; ClearBridge Investments, LLC,
subadviser. (Western Asset Management
Company manages the portion of cash and
short-term investments allocated to it.)
0.81%
9.23%
(0.17%)
9.38%
Seeks long-term capital
appreciation.
Columbia Variable Portfolio - Acorn Fund
Columbia Management Investment Advisers,
LLC
0.86%2
4.47%
1.02%
8.66%
Seeks long-term capital
appreciation.
Columbia Variable Portfolio - Acorn
International Fund
Columbia Management Investment Advisers,
LLC
1.01%2
12.76%
(1.00%)
4.31%
Seeks maximum total
investment return
through a combination
of capital growth and
current income.
Columbia Variable Portfolio - Balanced Fund
(Class 3)
Columbia Management Investment Advisers,
LLC
0.84%2
13.91%
8.59%
9.59%
Seeks to provide
shareholders with total
return.
Columbia Variable Portfolio - Commodity
Strategy Fund (Class 2)
Columbia Management Investment Advisers,
LLC
0.98%2
15.30%
12.44%
6.46%
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
17.35%
13.89%
14.03%
Seeks to provide
shareholders with
long-term capital growth.
Columbia Variable Portfolio - Cornerstone
Growth Fund (Class 3) (previously Columbia
Variable Portfolio - Large Cap Growth Fund
(Class 3))
Columbia Management Investment Advisers,
LLC
0.84%
15.98%
13.90%
15.83%
 11
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2025)
1 Year
5 Year
10 Year
Seeks to provide
shareholders with
capital appreciation.
Columbia Variable Portfolio - Disciplined
Core Fund (Class 3)
Columbia Management Investment Advisers,
LLC
0.81%
14.49%
14.02%
13.45%
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 3)
Columbia Management Investment Advisers,
LLC
0.78%2
15.68%
11.74%
10.29%
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
0.98%
12.65%
1.47%
4.03%
Seeks to provide
shareholders with
long-term capital growth.
Columbia Variable Portfolio - Emerging
Markets Fund (Class 3)
Columbia Management Investment Advisers,
LLC
1.22%2
31.02%
(1.26%)
7.13%
Seeks to provide
shareholders with
maximum current
income consistent with
liquidity and stability of
principal.
Columbia Variable Portfolio - Government
Money Market Fund (Class 3)
Columbia Management Investment Advisers,
LLC
0.47%2
3.84%
2.88%
1.81%
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 3)
Columbia Management Investment Advisers,
LLC
0.77%2
8.54%
4.03%
5.63%
Seeks to provide
shareholders with a high
total return through
current income and
capital appreciation.
Columbia Variable Portfolio - Income
Opportunities Fund (Class 3)
Columbia Management Investment Advisers,
LLC
0.77%2
8.58%
3.76%
5.30%
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 3)
Columbia Management Investment Advisers,
LLC
0.66%
9.04%
(0.54%)
2.65%
Seeks to provide
shareholders with
long-term capital
appreciation.
Columbia Variable Portfolio - Large Cap Index
Fund (Class 3)
Columbia Management Investment Advisers,
LLC
0.38%2
17.43%
13.98%
14.35%
12 
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2025)
1 Year
5 Year
10 Year
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
5.98%
(5.48%)
1.31%
Seeks to provide
shareholders with
capital appreciation.
Columbia Variable Portfolio - Overseas Core
Fund (Class 3)
Columbia Management Investment Advisers,
LLC
0.93%
38.03%
9.05%
7.69%
Seeks to provide
shareholders with high
total return through
income and growth of
capital.
Columbia Variable Portfolio - Select
Corporate Income Fund (Class 3) (previously
Columbia Variable Portfolio - Corporate Bond
Fund (Class 3))
Columbia Management Investment Advisers,
LLC
0.60%2
7.74%
1.31%
2.05%
Seeks to provide
shareholders with
long-term growth of
capital.
Columbia Variable Portfolio - Select Large
Cap Value Fund (Class 3)
Columbia Management Investment Advisers,
LLC
0.82%
28.10%
13.46%
12.44%
Seeks to provide
shareholders with
growth of capital.
Columbia Variable Portfolio - Select Mid Cap
Growth Fund (Class 3)
Columbia Management Investment Advisers,
LLC
0.96%2
14.98%
7.40%
12.03%
Seeks to provide
shareholders with
long-term growth of
capital.
Columbia Variable Portfolio - Select Mid Cap
Value Fund (Class 3)
Columbia Management Investment Advisers,
LLC
0.96%2
14.01%
11.03%
10.30%
Seeks to provide
shareholders with a
level of current income
consistent with
preservation of capital.
Columbia Variable Portfolio - Select Short
Corporate Income Fund (Class 2) (previously
Columbia Variable Portfolio - Limited
Duration Credit Fund (Class 2))
Columbia Management Investment Advisers,
LLC
0.66%2
6.00%
1.90%
2.94%
Seeks to provide
shareholders with
long-term capital growth.
Columbia Variable Portfolio - Select Small
Cap Value Fund (Class 3)
Columbia Management Investment Advisers,
LLC
0.98%2
6.44%
8.80%
8.11%
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 3)
Columbia Management Investment Advisers,
LLC
0.58%
9.06%
(0.19%)
1.79%
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-Linked
Securities Fund (Class 3) (previously CTIVP®
- BlackRock Global Inflation-Protected
Securities Fund (Class 3))
Columbia Management Investment Advisers,
LLC, adviser; BlackRock Financial
Management, Inc., subadviser; BlackRock
International Limited, sub-subadviser.
0.75%2
3.88%
(1.65%)
1.82%
 13
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2025)
1 Year
5 Year
10 Year
Seeks to provide
shareholders with
long-term capital growth.
CTIVP® - Principal Large Cap Growth Fund
(Class 1)
Columbia Management Investment Advisers,
LLC, adviser; Principal Global Investors, LLC,
subadviser.
0.70%
13.78%
10.47%
14.66%
Seeks to provide
shareholders with
long-term growth of
capital.
CTIVP® - Victory Sycamore Established Value
Fund (Class 3)
Columbia Management Investment Advisers,
LLC, adviser; Victory Capital Management
Inc., subadviser.
0.95%
2.12%
9.51%
10.57%
Seeks capital
appreciation.
DWS Alternative Asset Allocation VIP
(Class B)3
DWS Investment Management Americas
Inc., adviser; RREEF America L.L.C.,
subadviser.
1.31%
10.03%
4.88%
4.52%
Seeks high level of
current income.
Eaton Vance VT Floating-Rate Income Fund
(Initial Class)
Eaton Vance Management
1.19%
3.95%
4.64%
4.43%
Seeks long-term capital
appreciation.
Fidelity® VIP Contrafund® Portfolio (Service
Class 2)
Fidelity Management & Research Company,
adviser; Fidelity Management & Research
Company (UK) Limited, Fidelity
Management & Research Company (Hong
Kong) Limited, Fidelity Management &
Research Company (Japan) Limited,
subadvisers.
0.79%
21.24%
15.08%
15.49%
Seeks high total return
through a combination
of current income and
capital appreciation.
Fidelity® VIP Growth & Income Portfolio
(Service Class 2)
Fidelity Management & Research Company,
adviser; Fidelity Management & Research
Company (UK) Limited, Fidelity
Management & Research Company (Hong
Kong) Limited, Fidelity Management &
Research Company (Japan) Limited,
subadvisers.
0.72%
21.21%
15.83%
13.56%
Seeks long-term growth
of capital.
Fidelity® VIP Mid Cap Portfolio (Service
Class 2)
Fidelity Management & Research Company,
adviser; Fidelity Management & Research
Company (UK) Limited, Fidelity
Management & Research Company (Hong
Kong) Limited, Fidelity Management &
Research Company (Japan) Limited,
subadvisers.
0.80%
11.49%
9.83%
10.31%
14 
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2025)
1 Year
5 Year
10 Year
Seeks long-term growth
of capital.
Fidelity® VIP Overseas Portfolio (Service
Class 2)
Fidelity Management & Research Company,
adviser; 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.
0.97%
20.05%
6.35%
7.66%
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,
adviser; 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.
0.88%
8.58%
2.79%
4.40%
Seeks high total return.
Under normal market
conditions, the fund
invests at least 80% of
its net assets in
investments of
companies located
anywhere in the world
that operate in the real
estate sector.
Franklin Global Real Estate VIP Fund
(Class 2)
Franklin Templeton Institutional, LLC
1.25%2
7.93%
2.36%
3.03%
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 2)
Franklin Advisers, Inc.
0.72%
12.56%
7.66%
7.30%
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 2)
Franklin Mutual Advisers, LLC
0.94%
11.52%
9.20%
7.53%
 15
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2025)
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 2)
Franklin Mutual Advisers, LLC
0.91%2
7.65%
8.86%
9.81%
Seeks long-term capital
appreciation.
Goldman Sachs VIT Mid Cap Value Fund
(Institutional Shares)
Goldman Sachs Asset Management, L.P.
0.81%2
9.39%
10.05%
10.02%
Seeks long-term growth
of capital and dividend
income.
Goldman Sachs VIT U.S. Equity Insights
Fund (Institutional Shares)
Goldman Sachs Asset Management, L.P.
0.56%2
15.75%
13.81%
13.73%
Non-diversified fund that
seeks capital growth.
Invesco V.I. American Franchise Fund
(Series II Shares)
Invesco Advisers, Inc.
1.10%
11.39%
10.08%
14.58%
Seeks total return with a
low to moderate
correlation to traditional
financial market indices.
Invesco V.I. Balanced-Risk Allocation Fund
(Series II Shares)1
Invesco Advisers, Inc.
1.13%2
8.69%
2.27%
4.91%
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
Shares)
Invesco Advisers, Inc.
1.00%
17.14%
15.14%
11.67%
Seeks capital
appreciation.
Invesco V.I. Discovery Mid Cap Growth Fund
(Series II Shares)
Invesco Advisers, Inc.
1.11%
4.53%
3.64%
11.10%
Seeks to provide
reasonable current
income and long-term
growth of income and
capital.
Invesco V.I. Diversified Dividend Fund
(Series I Shares)
Invesco Advisers, Inc.
0.68%
15.74%
10.81%
9.20%
Seeks long-term growth
of capital.
Invesco V.I. EQV International Equity Fund
(Series II Shares)
Invesco Advisers, Inc.
1.15%
16.23%
3.42%
5.95%
Seeks capital
appreciation.
Invesco V.I. Global Fund (Series II Shares)
Invesco Advisers, Inc.
1.06%
15.05%
7.01%
10.72%
Seeks total return
Invesco V.I. Global Strategic Income Fund
(Series II Shares)
Invesco Advisers, Inc.
1.20%2
12.75%
1.39%
2.76%
Seeks long-term growth
of capital.
Invesco V.I. Health Care Fund (Series II
Shares)
Invesco Advisers, Inc.
1.24%
15.08%
3.54%
6.31%
Seeks capital
appreciation.
Invesco V.I. Main Street Small Cap Fund®
(Series II Shares)
Invesco Advisers, Inc.
1.09%
8.44%
8.07%
10.31%
16 
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2025)
1 Year
5 Year
10 Year
Seeks long-term growth
of capital.
Invesco V.I. Technology Fund (Series I
Shares)
Invesco Advisers, Inc.
0.96%
20.47%
10.30%
15.78%
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%
14.84%
8.21%
9.86%
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
7.22%
(0.47%)
2.07%
Seeks long-term growth
of capital.
Janus Henderson Research Portfolio
(Service Shares)
Janus Henderson Investors US LLC
1.07%
18.10%
13.83%
15.59%
Seeks total return.
Lazard Retirement Global Dynamic
Multi-Asset Portfolio (Service Shares)1
Lazard Asset Management, LLC
1.05%2
15.72%
5.19%
5.93%
Seeks capital growth.
LVIP American Century International Fund
(Service Class)
Lincoln Financial Investments Corporation,
adviser; American Century Investment
Management, Inc., subadviser.
1.10%2
15.81%
1.71%
6.27%
Seeks long-term capital
growth. Income is a
secondary objective.
LVIP American Century Mid Cap Value Fund
(Service Class)
Lincoln Financial Investments Corporation,
adviser; American Century Investment
Management, Inc., subadviser.
1.01%2
8.83%
8.72%
8.96%
Seeks capital growth.
LVIP American Century Ultra® Fund (Service
Class)
Lincoln Financial Investments Corporation,
adviser; American Century Investment
Management, Inc., subadviser.
0.90%2
12.67%
11.52%
17.00%
Seeks long-term capital
growth. Income is a
secondary objective.
LVIP American Century Value Fund (Service
Class)
Lincoln Financial Investments Corporation,
adviser; American Century Investment
Management, Inc., subadviser.
0.86%2
15.85%
11.47%
10.07%
Seeks capital
appreciation.
MFS® Massachusetts Investors Growth
Stock Portfolio (Service Class)
Massachusetts Financial Services Company
0.97%2
9.61%
9.74%
13.98%
Seeks capital
appreciation.
MFS® New Discovery Series (Service Class)
Massachusetts Financial Services Company
1.12%2
12.56%
(0.54%)
10.46%
Seeks total return.
MFS® Utilities Series (Service Class)
Massachusetts Financial Services Company
1.03%2
14.76%
7.38%
9.22%
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
12.44%
(5.46%)
14.04%
 17
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2025)
1 Year
5 Year
10 Year
Seeks to provide total
return.
Nomura VIP Asset Strategy Series (Service
Class) (previously Macquarie VIP Asset
Strategy Series (Service Class))
Delaware Management Company, adviser;
Macquarie Investment Management Global
Limited, subadviser.
0.77%2
16.66%
7.07%
7.84%
Seeks maximum real
return, consistent with
preservation of real
capital and prudent
investment
management.
PIMCO VIT All Asset Portfolio (Advisor
Class)3
Pacific Investment Management Company
LLC (PIMCO)
2.23%2
14.19%
5.49%
6.67%
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 Class)3
Pacific Investment Management Company
LLC (PIMCO)
1.31%2
21.77%
6.94%
7.88%
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)
0.83%
8.78%
(0.08%)
2.26%
Seeks capital
appreciation.
Putnam VT Global Health Care Fund
(Class IB Shares)
Putnam Investment Management, LLC,
adviser; Franklin Advisers, Inc., Franklin
Templeton Investment Management Limited
and The Putnam Advisory Company, LLC,
subadvisers.
1.00%
15.05%
7.71%
8.36%
Seeks capital
appreciation.
Putnam VT International Equity Fund
(Class IB Shares)
Putnam Investment Management, LLC,
adviser; Franklin Advisers, Inc., Franklin
Templeton Investment Management Limited
and The Putnam Advisory Company, LLC,
subadvisers.
1.06%
37.68%
9.28%
8.12%
Seeks long-term capital
appreciation.
Putnam VT Sustainable Leaders Fund
(Class IB Shares)
Putnam Investment Management, LLC,
adviser; Franklin Advisers, Inc. and Franklin
Templeton Investment Management Limited,
subadvisers.
0.88%
10.69%
10.34%
14.69%
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 2)
Franklin Advisers, Inc.
0.75%2
15.73%
(0.96%)
(0.15%)
18 
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2025)
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
164.43%
20.00%
20.89%
Seeks to provide a high
level of total return that
is consistent with an
aggressive level of risk.
Variable Portfolio - Aggressive Portfolio
(Class 2)3
Columbia Management Investment Advisers,
LLC
1.04%
17.63%
8.13%
9.06%
Seeks to provide a high
level of total return that
is consistent with an
aggressive level of risk.
Variable Portfolio - Aggressive Portfolio
(Class 4)3
Columbia Management Investment Advisers,
LLC
1.04%
17.63%
8.13%
9.06%
Seeks to provide a high
level of total return that
is consistent with a
conservative level of
risk.
Variable Portfolio - Conservative Portfolio
(Class 2)3
Columbia Management Investment Advisers,
LLC
0.89%2
10.21%
1.62%
3.53%
Seeks to provide a high
level of total return that
is consistent with a
conservative level of
risk.
Variable Portfolio - Conservative Portfolio
(Class 4)3
Columbia Management Investment Advisers,
LLC
0.89%2
10.21%
1.64%
3.53%
Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility.
Variable Portfolio - Managed Risk Fund
(Class 2)1,3
Columbia Management Investment Advisers,
LLC
1.02%2
12.15%
4.73%
-
Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility.
Variable Portfolio - Managed Risk U.S. Fund
(Class 2)1,3
Columbia Management Investment Advisers,
LLC
0.99%
9.59%
5.64%
-
Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility.
Variable Portfolio - Managed Volatility
Conservative Fund (Class 2)1,3
Columbia Management Investment Advisers,
LLC
0.95%
9.17%
1.15%
3.33%
Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility.
Variable Portfolio - Managed Volatility
Conservative Growth Fund (Class 2)1,3
Columbia Management Investment Advisers,
LLC
0.97%
11.02%
2.66%
4.53%
Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility.
Variable Portfolio - Managed Volatility Growth
Fund (Class 2)1,3
Columbia Management Investment Advisers,
LLC
1.01%
14.75%
5.83%
6.95%
 19
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2025)
1 Year
5 Year
10 Year
Pursues total return
while seeking to
manage the Fund’s
exposure to equity
market volatility.
Variable Portfolio - Managed Volatility
Moderate Growth Fund (Class 2)1,3
Columbia Management Investment Advisers,
LLC
0.98%
12.87%
4.29%
5.82%
Seeks to provide a high
level of total return that
is consistent with a
moderate level of risk.
Variable Portfolio - Moderate Portfolio
(Class 2)3
Columbia Management Investment Advisers,
LLC
0.96%
13.86%
4.91%
6.42%
Seeks to provide a high
level of total return that
is consistent with a
moderate level of risk.
Variable Portfolio - Moderate Portfolio
(Class 4)3
Columbia Management Investment Advisers,
LLC
0.96%
13.84%
4.92%
6.42%
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)3
Columbia Management Investment Advisers,
LLC
1.00%
15.71%
6.44%
7.71%
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 4)3
Columbia Management Investment Advisers,
LLC
1.00%
15.68%
6.44%
7.71%
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)3
Columbia Management Investment Advisers,
LLC
0.94%
12.10%
3.18%
4.92%
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 4)3
Columbia Management Investment Advisers,
LLC
0.94%
12.13%
3.19%
4.92%
Seeks to provide
shareholders with
long-term capital growth.
Variable Portfolio - Partners Core Equity Fund
(Class 3)
Columbia Management Investment Advisers,
LLC, adviser; J.P. Morgan Investment
Management Inc. and T. Rowe Price
Associates, Inc., subadvisers.
0.81%2
13.26%
13.18%
12.77%
Seeks to provide
shareholders with
long-term capital
appreciation.
Variable Portfolio - Partners Small Cap Value
Fund (Class 3)
Columbia Management Investment Advisers,
LLC, adviser; Segall Bryant & Hamill, LLC
and William Blair Investment Management,
LLC, subadvisers.
0.97%2
7.21%
6.73%
7.20%
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)1,3
Columbia Management Investment Advisers,
LLC
0.96%
9.22%
3.53%
-
20 
Investment Objective
Fund and
Adviser/Sub-Adviser
Current
Expenses
Ratio
[NET]
Average Annual Total Returns
(as of 12/31/2025)
1 Year
5 Year
10 Year
Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility.
Variable Portfolio - U.S. Flexible Growth Fund
(Class 2)1,3
Columbia Management Investment Advisers,
LLC
0.93%
11.07%
7.36%
-
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)1,3
Columbia Management Investment Advisers,
LLC
0.94%
10.10%
5.46%
-
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%
9.95%
2.34%
5.09%
1
This Fund is managed in a way that is intended to minimize volatility of returns. See “Principal Risks of Investing in the Contract.”
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
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 Optional Benefits Offered Under the Contract
For contracts issued with the optional living benefit riders, you are required to invest in the Portfolio Navigator or Portfolio Stabilizer funds listed below (See “Portfolio Navigator Program (PN Program) and Portfolio Stabilizer Funds”):
Portfolio Navigator Funds:
1.Variable Portfolio – Aggressive Portfolio (Class 2), (Class 4)
2.Variable Portfolio – Moderately Aggressive Portfolio (Class 2), (Class 4)
3.Variable Portfolio – Moderate Portfolio (Class 2), (Class 4)
4.Variable Portfolio – Moderately Conservative Portfolio (Class 2), (Class 4)
5.Variable Portfolio – Conservative Portfolio (Class 2), (Class 4)
Portfolio Stabilizer Funds:
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)
8.
Variable Portfolio – U.S. Flexible Moderate Growth Fund (Class 2)
9.
Variable Portfolio – U.S. Flexible Conservative Growth Fund (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 Optional Benefits Offered Under the Contract."  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.
 21
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. See “Charges and Adjustments – Adjustments – Market Value Adjustments” in the prospectus for more information about the MVA. 
Name
Term
Guaranteed 
Minimum
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
Guaranteed 
Minimum
Interest Rate*
Regular Fixed Account
1 Year
2004
1.50% or 2.00%†
2005
1.50% or 2.25%
2006
1.50% or 3.00%
Special DCA Fixed Account
6 Months
2004
1.50% or 2.00%†
2005
1.50% or 2.25%
2006
1.50% or 3.00%
*Guaranteed minimum interest rates vary by Issue State and Issue Date. See your Contract Data Page for your applicable guaranteed minimum interest rate.
†
Contracts issued in WA prior to 9/13/2004 have guaranteed minimum interest rates of 3%. Contracts issued in AL, UT, or WI prior to 7/1/2004 and MA or RI prior to 9/13/2004, have guaranteed minimum interest rates of 2% for 10 years and 3% thereafter.
22 
 
This page left blank intentionally
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
USP9073_12_E01_(05 /26)
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: C000009764;
C000266994
©2008-2026 RiverSource Life Insurance Company. All rights reserved.

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/28/2026

1. ON
2. SYNA
3. SPY
4. MU
5. AAPL
6. VEON
7. DRI
8. RKLB
9. SPCX
10. NKE


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings