|
Registration Statement No. 333-265678 |
Minnesota (State or other jurisdiction of incorporation or organization) |
|
41-0823832 (I.R.S. Employer Identification No.) |
Large accelerated filer |
☐ |
Accelerated filer |
☐ |
|
|
|
|
Non-accelerated filer |
☒ (Do not check if a smaller reporting company)
|
Smaller reporting company |
☐ |
Supplement dated April 24, 2023, to the
Prospectus Dated Sept. 26, 2022 | |
Product Name |
Prospectus Form # |
RiverSource® Structured
SolutionsSM
annuity |
PRO 9103_12_A01 (9/22) |
1 |
*Rate Adjustment |
(1 + Initial Value)M |
Initial Value |
= |
A value calculated so Your Segment Value on the Segment start date, prior to any adjustment for
exit costs made to the Hypothetical Value of Derivatives, will be equal to Your Investment Base.
The Initial Value will not change during the Segment. |
M |
= |
The number of full and partial years remaining in Your Segment |
Rate Adjustment |
= |
An estimate of the change in fixed asset values that has occurred since the start of Your Segment. |
( |
1 + Reference Rate as of the Segment Start Date |
) |
Rate Adjustment Tenor |
1 + Reference Rate as of the current date |
|
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
Investment Base |
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
Segment Duration
(months) |
12 |
36 |
72 |
72 |
12 |
36 |
12 |
12 |
Months Since Segment
Start Date |
3 |
18 |
12 |
69 |
6 |
3 |
3 |
6 |
Buffer or Trigger
Percentage |
-10% |
-15% |
-25% |
-25% |
-10% |
-10% |
-10% |
-25% |
Cap or Contingent Yield |
11% |
30% |
100% |
100% |
No Cap |
11% |
6% |
6% |
Upside Participation
Rate |
100% |
100% |
100% |
100% |
100% |
100% |
N/A |
N/A |
Annual Fee (if
applicable) |
N/A |
N/A |
N/A |
N/A |
1.50% |
N/A |
N/A |
N/A |
Months Remaining in
Segment |
9 |
18 |
60 |
3 |
6 |
33 |
9 |
6 |
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
|
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
|
Hypothetical
Value of
Derivatives
Excluding
Transaction
Costs |
5.17% |
9.98% |
16.57% |
11.00% |
11.80% |
6.21% |
4.05% |
5.77% |
|
Less Estimated
Transaction
Costs |
0.15% |
0.30% |
1.00% |
0.05% |
0.10% |
0.55% |
0.75% |
0.50% |
|
1. Hypothetical Value of Derivatives |
5.02% |
9.68% |
15.57% |
10.95% |
11.70% |
5.66% |
3.30% |
5.27% |
|
2. Hypothetical Value of Fixed Assets |
99.57% |
98.63% |
91.45% |
99.55% |
98.39% |
98.47% |
99.61% |
98.72% |
|
3. Present Value of Annual Fees |
0.00% |
0.00% |
0.00% |
0.00% |
1.48% |
0.00% |
0.00% |
0.00% |
|
4. Proxy Value = #1 + #2 - #3 |
104.58% |
108.31% |
107.02% |
110.51% |
108.61% |
104.13% |
102.92% |
104.00% |
|
5. Prorated Cap or Contingent Yield |
102.75% |
115.00% |
116.67% |
195.83% |
No Cap |
102.75%¹ |
101.50% |
103.00% |
|
6.Segment Value
= Investment
Base *
Lesser of #4 and
#5 |
$1,027.50 |
$1,083.12 |
$1,070.23 |
$1,105.05 |
$1,086.06 |
$1,027.50 |
$1,015.00 |
$1,030.00 |
|
Hypothetical $1000
Investment
With 10% Return2 |
$1,100.0 |
$1,100.0 |
$1,100.0 |
$1,100.0 |
$1,100.0 |
$1,100.00 |
$1,100.00 |
$1,100.00 |
|
Segment Value
Less Hypothetical
Investment |
-$72.50 |
-$16.88 |
-$29.77 |
$5.05 |
-$13.94 |
-$72.50 |
-$85.00 |
-$70.00 |
|
Impact to Values Due to Partial Surrender |
|||||||||
7. Partial Surrender Amount |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
|
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
|
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
|
8. Proportionate Adjustment to Investment Base = Investment Base * (#7 / #6) |
$97.32 |
$92.33 |
$93.43 |
$90.49 |
$92.08 |
$97.32 |
$98.52 |
$97.09 |
|
9. Investment Base After Partial Surrender = Investment Base - #8 |
$902.68 |
$907.67 |
$906.56 |
$909.51 |
$907.92 |
$902.68 |
$901.48 |
$902.91 |
|
10.Segment Value After Partial Surrender = #9 * Lesser of #4 and #5 |
$927.50 |
$983.12 |
$970.23 |
$1,005.05 |
$986.06 |
$927.50 |
$915.00 |
$930.00 |
|
Hypothetical $1000
Investment
With 10% Return2 |
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00 |
$1,000.00
|
$1,000.00
|
|
Segment Value
Less Hypothetical
Investment |
-$72.50 |
-$16.88 |
-$29.77 |
$5.05 |
-$13.94 |
-$72.50 |
-$85.00 |
-$70.00 |
|
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
Hypothetical Value of
Derivatives
Excluding Transaction
Costs |
-4.14% |
-1.43% |
4.16% |
0.62% |
-3.10% |
-2.97% |
-3.23% |
1.82% |
Less Estimated
Transaction Costs |
0.15% |
0.30% |
1.00% |
0.05% |
0.10% |
0.55% |
0.75% |
0.50% |
1. Hypothetical Value of Derivatives |
-4.29% |
-1.73% |
3.16% |
0.57% |
-3.20% |
-3.52% |
-3.98% |
1.32% |
2. Hypothetical Value of Fixed Assets |
99.57% |
98.63% |
91.45% |
99.55% |
98.39% |
98.47% |
99.61% |
98.72% |
3. Present Value of Annual Fees |
0.00% |
0.00% |
0.00% |
0.00% |
1.48% |
0.00% |
0.00% |
0.00% |
4. Proxy Value = #1 + #2 - #3 |
95.28% |
96.90% |
94.62% |
100.12% |
93.71% |
94.95% |
95.64% |
100.04% |
5. Prorated Cap or Contingent Yield |
102.75% |
115.00% |
116.67% |
195.83% |
No Cap |
102.75%¹ |
101.50% |
103.00% |
6.Segment Value =
Investment Base *
Lesser of #4 and #5 |
$952.79 |
$969.01 |
$946.15 |
$1,001.24 |
$937.06 |
$949.48 |
$956.38 |
$1,000.43 |
Hypothetical $1000
Investment
With -10% Return2 |
$900.00 |
$900.00 |
$900.00 |
$900.00 |
$900.00 |
$900.00 |
$900.00 |
$900.00 |
Segment Value
Less Hypothetical
Investment |
$52.79 |
$69.01 |
$46.15 |
$101.24 |
$37.06 |
$49.48 |
$56.38 |
$100.43 |
Impact to Values Due to Partial Surrender |
||||||||
7. Partial Surrender Amount |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
8. Proportionate Adjustment to Investment Base = Investment Base * (#7 / #6) |
$104.95 |
$103.20 |
$105.69 |
$99.88 |
$106.72 |
$105.32 |
$104.56 |
$99.96 |
9. Investment Base After Partial Surrender = Investment Base - #8 |
$895.05 |
$896.80 |
$894.31 |
$900.12 |
$893.28 |
$894.68 |
$895.44 |
$900.04 |
10.Segment Value After Partial Surrender = #9 * Lesser of #4 and #5 |
$852.79 |
$869.01 |
$846.15 |
$901.24 |
$837.06 |
$849.48 |
$856.38 |
$900.43 |
Hypothetical $1000
Investment
With -10% Return2 |
$800.00 |
$800.00 |
$800.00 |
$800.00 |
$800.00 |
$800.00 |
$800.00 |
$800.00 |
Segment Value
Less Hypothetical
Investment |
$52.79 |
$69.01 |
$46.15 |
$101.24 |
$37.06 |
$49.48 |
$56.38 |
$100.43 |
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
|
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
|
Hypothetical
Value of
Derivatives
Excluding
Transaction
Costs |
9.29% |
18.56% |
28.34% |
29.99% |
30.12% |
10.42% |
5.66% |
5.92% |
|
Less Estimated
Transaction
Costs |
0.15% |
0.30% |
1.00% |
0.05% |
0.10% |
0.55% |
0.75% |
0.50% |
|
1. Hypothetical Value of Derivatives |
9.14% |
18.26% |
27.34% |
29.94% |
30.02% |
9.87% |
4.91% |
5.42% |
|
2. Hypothetical Value of Fixed Assets |
99.57% |
98.63% |
91.45% |
99.55% |
98.39% |
98.47% |
99.61% |
98.72% |
|
3. Present Value of Annual Fees |
0.00% |
0.00% |
0.00% |
0.00% |
1.48% |
0.00% |
0.00% |
0.00% |
|
4. Proxy Value = #1 + #2 - #3 |
108.70% |
116.90% |
118.80% |
129.49% |
126.92% |
108.35% |
104.52% |
104.14% |
|
5. Prorated Cap or Contingent Yield |
102.75% |
115.00% |
116.67% |
195.83% |
No Cap |
102.75%¹ |
101.50% |
103.00% |
|
6.Segment Value
= Investment
Base *
Lesser of #4 and
#5 |
$1,027.50 |
$1,150.00 |
$1,166.67 |
$1,294.94 |
$1,269.22 |
$1,027.50 |
$1,015.00 |
$1,030.00 |
|
Hypothetical $1000
Investment
With 30% Return2 |
$1,300.00 |
$1,300.00 |
$1,300.00 |
$1,300.00 |
$1,300.00 |
$1,300.00 |
$1,300.00 |
$1,300.00 |
|
Segment Value
Less Hypothetical
Investment |
-$272.50 |
-$150.00 |
-$133.33 |
-$5.06 |
-$30.78 |
-$272.50 |
-$285.00 |
-$270.00 |
|
Impact to Values Due to Partial Surrender |
|||||||||
7. Partial Surrender Amount |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
|
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
|
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
|
8. Proportionate Adjustment to Investment Base = Investment Base * (#7 / #6) |
$97.32 |
$86.96 |
$85.71 |
$77.22 |
$78.79 |
$97.32 |
$98.52 |
$97.09 |
|
9. Investment Base After Partial Surrender = Investment Base - #8 |
$902.68 |
$913.04 |
$914.29 |
$922.78 |
$921.21 |
$902.68 |
$901.48 |
$902.91 |
|
10.Segment Value After Partial Surrender = #9 * Lesser of #4 and #5 |
$927.50 |
$1,050.00 |
$1,066.67 |
$1,194.94 |
$1,169.22 |
$927.50 |
$915.00 |
$930.00 |
|
Hypothetical $1000
Investment
With 30% Return2 |
$1,200.00 |
$1,200.00 |
$1,200.00 |
$1,200.00 |
$1,200.00 |
$1,200.00 |
$1,200.00 |
$1,200.00 |
|
Segment Value
Less Hypothetical
Investment |
-$272.50 |
-$150.00 |
-$133.33 |
-$5.06 |
-$30.78 |
-$272.50 |
-$285.00 |
-$270.00 |
|
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
|
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
|
Hypothetical Value
of Derivatives
Excluding
Transaction Costs |
-19.74% |
-15.64% |
-8.73% |
-5.95% |
-19.73% |
-18.16% |
-19.48% |
-23.03% |
|
Less Estimated
Transaction Costs |
0.15% |
0.30% |
1.00% |
0.05% |
0.10% |
0.55% |
0.75% |
0.50% |
|
1. Hypothetical Value of Derivatives |
-19.89% |
-15.94% |
-9.73% |
-6.00% |
-19.83% |
-18.71% |
-20.23% |
-23.53% |
|
2. Hypothetical Value of Fixed Assets |
99.57% |
98.63% |
91.45% |
99.55% |
98.39% |
98.47% |
99.61% |
98.72% |
|
3. Present Value of Annual Fees |
0.00% |
0.00% |
0.00% |
0.00% |
1.48% |
0.00% |
0.00% |
0.00% |
|
4. Proxy Value = #1 + #2 - #3 |
79.67% |
82.69% |
81.73% |
93.55% |
77.08% |
79.76% |
79.39% |
75.19% |
|
5. Prorated Cap or Contingent Yield |
102.75% |
115.00% |
116.67% |
195.83% |
No Cap |
102.75%¹ |
101.50% |
103.00% |
|
6.Segment Value =
Investment Base
*
Lesser of #4 and
#5 |
$796.73 |
$826.95 |
$817.28 |
$935.54 |
$770.75 |
$797.64 |
$793.89 |
$751.94 |
|
Hypothetical $1000
Investment
With -30% Return2 |
$700.00 |
$700.00 |
$700.00 |
$700.00 |
$700.00 |
$700.00 |
$700.00 |
$700.00 |
|
Segment Value
Less Hypothetical
Investment |
$96.73 |
$126.95 |
$117.28 |
$235.54 |
$70.75 |
$97.64 |
$93.89 |
$51.94 |
|
Impact to Values Due to Partial Surrender |
|||||||||
7. Partial Surrender Amount |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100
|
|
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
|
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
|
8. Proportionate Adjustment to Investment Base = Investment Base * (#7 / #6) |
$125.51 |
$120.93 |
$122.36 |
$106.89 |
$129.74 |
$125.37 |
$125.96 |
$132.99
|
|
9. Investment Base After Partial Surrender = Investment Base - #8 |
$874.49 |
$879.07 |
$877.64 |
$893.11 |
$870.26 |
$874.63 |
$874.04 |
$867.01
|
|
10.Segment Value After Partial Surrender = #9 * Lesser of #4 and #5 |
$696.73 |
$726.95 |
$717.28 |
$835.54 |
$670.75 |
$697.64 |
$693.89 |
$651.94 |
|
Hypothetical $1000
Investment
With -30% Return2 |
$600.00 |
$600.00 |
$600.00 |
$600.00 |
$600.00 |
$600.00 |
$600.00 |
$600.00 |
|
Segment Value
Less Hypothetical
Investment |
$96.73 |
$126.95 |
$117.28 |
$235.54 |
$70.75 |
$97.64 |
$93.89 |
$51.94 |
|
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
Hypothetical Value of
Derivatives
Excluding
Transaction Costs |
5.39% |
10.65% |
19.00% |
11.21% |
12.20% |
7.29% |
4.16% |
5.76% |
Less Estimated
Transaction Costs |
0.15% |
0.30% |
1.00% |
0.05% |
0.10% |
0.55% |
0.75% |
0.50% |
1. Hypothetical Value of
Derivatives |
5.24% |
10.35% |
18.00% |
11.16% |
12.10% |
6.74% |
3.41% |
5.26% |
2. Hypothetical Value of
Fixed Assets |
98.73% |
96.62% |
86.72% |
98.38% |
97.71% |
95.76% |
98.78% |
98.05% |
3. Present Value of
Annual Fees |
0.00% |
0.00% |
0.00% |
0.00% |
1.47% |
0.00% |
0.00% |
0.00% |
4. Proxy Value = #1 +
#2 - #3 |
103.97% |
106.97% |
104.71% |
109.53% |
108.34% |
102.51% |
102.19% |
103.31% |
5. Prorated Cap or Contingent Yield |
102.75% |
115.00% |
116.67% |
195.83% |
No Cap |
102.75%1 |
101.50% |
103.00% |
6. Segment Value =
Investment Base *
Lesser of #4 and #5 |
$1,027.50 |
$1,069.72 |
$1,047.14 |
$1,095.33 |
$1,083.41 |
$1,025.05 |
$1,015.00 |
$1,030.00 |
Hypothetical $1000
Investment With 10%
Return2 |
$1,100.00 |
$1,100.00 |
$1,100.00 |
$1,100.00 |
$1,100.00 |
$1,100.00 |
$1,100.00 |
$1,100.00 |
Segment Value Less
Hypothetical Investment |
-$72.50 |
-$30.28 |
-$52.86 |
-$4.67 |
-$16.59 |
-$74.95 |
-$85.00 |
-$70.00 |
Impact to Values Due to Partial Surrender |
||||||||
7. Partial Surrender Amount |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
8. Proportionate Adjustment to Investment Base = Investment Base * (#7 / #6) |
$97.32 |
$93.48 |
$95.50 |
$91.30 |
$92.30 |
$97.56 |
$98.52 |
$97.09 |
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
9. Investment Base After Partial Surrender = Investment Base - #8 |
$902.68 |
$906.52 |
$904.50 |
$908.70 |
$907.70 |
$902.44 |
$901.48 |
$902.91 |
10.Segment Value After Partial Surrender = #9 * Lesser of #4 and #5 |
$927.50 |
$969.72 |
$947.14 |
$995.33 |
$983.41 |
$925.05 |
$915.00 |
$930.00 |
Hypothetical $1000
Investment
With -10% Return2 |
$1,000.00 |
$1,000.00 |
$1,000.00 |
$1,000.00 |
$1,000.00 |
$1,000.00 |
$1,000.00 |
$1,000.00 |
Segment Value
Less Hypothetical
Investment |
-$72.50 |
-$30.28 |
-$52.86 |
-$4.67 |
-$16.59 |
-$74.95 |
-$85.00 |
-$70.00 |
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
Hypothetical Value of
Derivatives
Excluding
Transaction Costs |
4.93% |
9.28% |
13.97% |
10.80% |
11.40% |
5.06% |
3.94% |
5.79% |
Less Estimated
Transaction Costs |
0.15% |
0.30% |
1.00% |
0.05% |
0.10% |
0.55% |
0.75% |
0.50% |
1. Hypothetical Value of
Derivatives |
4.78% |
8.98% |
12.97% |
10.75% |
11.30% |
4.51% |
3.19% |
5.29% |
2. Hypothetical Value of
Fixed Assets |
100.42% |
100.71% |
96.50% |
100.76% |
99.07% |
101.28% |
100.46% |
99.41% |
3. Present Value of
Annual Fees |
0.00% |
0.00% |
0.00% |
0.00% |
1.49% |
0.00% |
0.00% |
0.00% |
4. Proxy Value = #1 +
#2 - #3 |
105.20% |
109.68% |
109.47% |
111.50% |
108.88% |
105.79% |
103.65% |
104.69% |
5. Prorated Cap or Contingent Yield |
102.75% |
115.00% |
116.67% |
195.83% |
No Cap |
102.75%1 |
101.50% |
103.00% |
6. Segment Value =
Investment Base *
Lesser of #4 and #5 |
$1,027.50 |
$1,096.84 |
$1,094.68 |
$1,115.05 |
$1,088.84 |
$1,027.50 |
$1,015.00 |
$1,030.00 |
Hypothetical $1000
Investment With 10%
Return2 |
$1,100.00
|
$1,100.00
|
$1,100.00
|
$1,100.00
|
$1,100.00
|
$1,100.00 |
$1,100.00
|
$1,100.00
|
Segment Value Less
Hypothetical Investment |
-$72.50 |
-$3.16 |
-$5.32 |
$15.05 |
-$11.16 |
-$72.50 |
-$85.00 |
-$70.00 |
Impact to Values Due to Partial Surrender |
||||||||
7. Partial Surrender Amount |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
$100 |
8. Proportionate Adjustment to Investment Base = Investment Base * (#7 / #6) |
$97.32 |
$91.17 |
$91.35 |
$89.68 |
$91.84 |
$97.32 |
$98.52 |
$97.09 |
9. Investment Base After Partial Surrender = Investment Base - #8 |
$902.68 |
$908.83 |
$908.65 |
$910.32 |
$908.16 |
$902.68 |
$901.48 |
$902.91 |
Example Number |
#1 |
#2 |
#3 |
#4 |
#5 |
#6 |
#7 |
#8 |
Segment Type |
1 Year Cap and
Buffer |
3 Year Cap and
Buffer |
6 Year Cap and
Buffer |
6 Year Cap and
Buffer |
1 Year
Annual
Fee |
3 Year
Annual
Lock |
1 Year
Contingent
Yield
and Buffer |
1 Year
Contingent
Yield
and Trigger |
10.Segment Value After Partial Surrender = #9 * Lesser of #4 and #5 |
$927.50 |
$996.84 |
$994.68 |
$1,015.05
|
$988.84 |
$927.50 |
$915.00 |
$930.00 |
Hypothetical $1000
Investment
With -10% Return2 |
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00 |
$1,000.00
|
$1,000.00
|
Segment Value
Less Hypothetical
Investment |
-$72.50 |
-$3.16 |
-$5.32 |
$15.05 |
-$11.16 |
-$72.50 |
-$85.00 |
-$70.00 |
Registration Fee: |
$463,500 |
Printing and Filing Expenses: |
$ 3,000* |
Legal Fees and Expenses: |
N/A |
Audit Fees: |
$7,500* |
Accounting Fees and Expenses: |
N/A |
Exhibit No.
|
Description
|
1. |
|
2.1 |
|
2.2 |
|
3.1 |
|
3.2 |
|
3.3 |
|
3.4 |
|
3.5 |
|
4.1 |
|
4.2 |
|
4.3 |
|
4.4 |
|
4.5 |
|
4.6 |
|
5. |
|
23. |
Consent of Independent Registered Public Accounting Firm is filed
herewith. |
24. |
|
Ex-107 |
|
RiverSource Life Insurance Company
| |
|
(Registrant) | |
|
By |
/s/ Gumer C. Alvero |
|
|
Gumer C. Alvero Chairman of the Board and President |
Signature |
Title |
/s/ Gumer C. Alvero |
Chairman of the Board and President
(Chief Executive Officer) |
Gumer C. Alvero | |
/s/ Michael J. Pelzel |
Senior Vice President – Corporate Tax |
Michael J. Pelzel | |
/s/ Stephen P. Blaske |
Director, Senior Vice President and Chief Actuary |
Stephen P. Blaske | |
/s/ Shweta Jhanji |
Senior Vice President and Treasurer |
Shweta Jhanji | |
/s/ Brian E. Hartert |
Chief Financial Officer (Chief Financial Officer) |
Brian E. Hartert | |
/s/ Gene R. Tannuzzo |
Director |
Gene R. Tannuzzo | |
/s/ Gregg L. Ewing |
Vice President and Controller (Principal Accounting Officer) |
Gregg L. Ewing | |
/s/ Stephen R. Wolfrath |
Director |
Stephen R. Wolfrath | |
/s/ John R. Hutt |
Director |
John R. Hutt |
/s/ Nicole D. Wood |
|
Nicole D. Wood Assistant General Counsel and Assistant Secretary |
|
/s/ Nicole D. Wood |
|
Nicole D. Wood Assistant General Counsel and Assistant Secretary |
|
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We hereby consent to the incorporation by reference in this Post-Effective Amendment No. 2 to the Registration Statement on Form S-3 (No. 333-265678) of RiverSource Life Insurance Company of our report dated February 23, 2023 relating to the financial statements, which appears in RiverSource Life Insurance Companys Annual Report on Form 10-K for the year ended December 31, 2022.
/s/ PricewaterhouseCoopers LLP
Minneapolis, Minnesota
April 17th, 2023
POWER OF ATTORNEY
RIVERSOURCE LIFE INSURANCE COMPANY
Gumer C. Alvero | Shweta Jhanji | |||||
Stephen P. Blaske | Jeninne C. McGee | |||||
Gregg L. Ewing | Gene R. Tannuzzo Brian E. Hartert Stephen R. Wolfrath John R. Hutt |
Do hereby jointly and severally authorize Nicole D. Wood, John Hite and Paula J. Minella to sign as their attorneys-in-fact and agents any and all documents (i.e., Registration Statement, pre-effective amendment, post-effective amendment and any application for exemptive relief) on behalf of the registrants reflected in the attached list that have been filed with the Securities and Exchange Commission by RiverSource Life Insurance Company pursuant to the Securities Act of 1933 and/or the Investment Company Act of 1940, as amended, by means of the Security and Exchange Commissions electronic disclosure system known as EDGAR or otherwise; and to file the same, with any amendments thereto and all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, and do hereby ratify such signatures heretofore made by such persons.
It is expressly understood by the undersigned that all to whom this Power of Attorney is presented are hereby authorized to accept a copy, photocopy or facsimile of this authorization with the same validity as the original.
This Power of Attorney may be executed in any number of counterpart copies, each of which shall be deemed an original and all of which, together, shall constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned have executed this Power of Attorney for the purpose herein set forth.
Dated: March 15, 2023
/s/ Gumer C. Alvero |
/s/ Shweta Jhanji | |||
Gumer C. Alvero |
Shweta Jhanji | |||
Chairman of the Board and President |
Senior Vice President and Treasurer | |||
/s/ Michael J. Pelzel |
/s/ Brian E. Hartert | |||
Michael J. Pelzel |
Brian E. Hartert | |||
Senior Vice President Corporate Tax |
Chief Financial Officer | |||
/s/ Stephen P. Blaske |
/s/ Jeninne C. McGee | |||
Stephen P. Blaske |
Jeninne C. McGee | |||
Director, Senior Vice President and |
Director | |||
Chief Actuary |
||||
/s/ Gregg L. Ewing |
/s/ Gene R. Tannuzzo | |||
Gregg L. Ewing |
Gene R. Tannuzzo | |||
Vice President and Controller |
Director |
/s/ Stephen R. Wolfrath |
/s/ John R. Hutt | |||
Stephen R. Wolfrath |
John R. Hutt | |||
Director |
Director | |||
RIVERSOURCE LIFE INSURANCE COMPANY REGISTERED VARIABLE ANNUITY/LIFE INSURANCE PRODUCTS
1933 Act No. | 1940 Act No. | |||||||
Registration Statements filed on Form N-4 |
||||||||
RiverSource Variable Annuity Account 1 |
811-07247 | |||||||
Privileged Assets Select Annuity |
333-139768 | |||||||
RiverSource Variable Annuity Account |
811-7195 | |||||||
RiverSource Personal Portfolio Plus 2/RiverSource Personal Portfolio Plus/RiverSource Personal Portfolio |
333-139757 | |||||||
RiverSource Preferred Variable Annuity |
333-139758 | |||||||
Evergreen Essential Variable Annuity |
333-139763 | |||||||
Evergreen New Solutions Variable Annuity |
333-139763 | |||||||
Evergreen New Solutions Select Variable Annuity |
333-139759 | |||||||
Evergreen Pathways Variable Annuity |
333-139759 | |||||||
Evergreen Pathways Select Variable Annuity |
333-139759 | |||||||
Evergreen Privilege Variable Annuity |
333-139759 | |||||||
RiverSource AccessChoice Select Variable Annuity |
333-139759 | |||||||
RiverSource Endeavor Select Variable Annuity |
333-139763 | |||||||
RiverSource FlexChoice Variable Annuity |
333-139759 | |||||||
RiverSource FlexChoice Select Variable Annuity |
333-139759 | |||||||
RiverSource Galaxy Premier Variable Annuity |
333-139761 | |||||||
RiverSource Innovations Variable Annuity |
333-139763 | |||||||
RiverSource Innovations Classic Variable Annuity |
333-139763 | |||||||
RiverSource Innovations Classic Select Variable Annuity |
333-139763 | |||||||
RiverSource Innovations Select Variable Annuity |
333-139763 | |||||||
RiverSource New Solutions Variable Annuity |
333-139763 |
1933 Act No. | 1940 Act No. | |||||||
RiverSource Pinnacle Variable Annuity |
333-139761 | |||||||
RiverSource Platinum Variable Annuity |
333-139760 | |||||||
RiverSource Signature Variable Annuity |
333-139762 | |||||||
RiverSource Signature One Variable Annuity |
333-139762 | |||||||
RiverSource Signature One Select Variable Annuity |
333-139762 | |||||||
RiverSource Signature Select Variable Annuity |
333-139760 | |||||||
Wells Fargo Advantage Variable Annuity |
333-139762 | |||||||
Wells Fargo Advantage Builder Variable Annuity |
333-139762 | |||||||
RiverSource Builder Select Variable Annuity |
333-139762 | |||||||
Wells Fargo Advantage Choice Select Variable Annuity |
333-139759 | |||||||
Wells Fargo Advantage Choice Variable Annuity |
333-139759 | |||||||
Wells Fargo Advantage Select Variable Annuity |
333-139763 | |||||||
RiverSource Account F |
811-3217 | |||||||
RiverSource Variable Retirement & Combination Retirement Annuities |
2-73114 | |||||||
RiverSource Employee Benefit Annuity |
33-52518 | |||||||
RiverSource Flexible Annuity |
33-4173 | |||||||
RiverSource Group Variable Annuity Contract |
33-47302 | |||||||
RiverSource Variable Annuity Fund A |
811-1653 | |||||||
RiverSource Variable Annuity Fund A |
2-29081 | |||||||
RiverSource Variable Annuity Fund B |
811-1674 | |||||||
RiverSource Variable Annuity Fund B - Individual |
2-29358 | |||||||
RiverSource Variable Annuity Fund B - Group |
2-47430 |
1933 Act No. | 1940 Act No. | |||||||
RiverSource Variable Account 10 |
811-07355 | |||||||
RiverSource Flexible Portfolio Annuity |
33-62407 | |||||||
RiverSource Retirement Advisor Variable Annuity |
333-79311 | |||||||
RiverSource Retirement Advisor Variable Annuity Band 3 |
333-79311 | |||||||
RiverSource Retirement Advisor Advantage Variable Annuity/RiverSource Retirement Advisor Select Plus Variable Annuity |
333-79311 | |||||||
RiverSource Retirement Advisor Advantage Variable Annuity Band 3 |
333-79311 | |||||||
RiverSource Retirement Advisor Advantage Plus Variable Annuity/RiverSource Retirement Advisor Select Plus Variable Annuity |
333-79311 | |||||||
RiverSource Retirement Advisor 4 Advantage Plus Variable Annuity/RiverSource Retirement Advisor 4 Select Plus Variable Annuity/RiverSource Retirement Advisor 4 Access Variable Annuity |
333-79311 | |||||||
RiverSource RAVA 5 Advantage Variable Annuity/RAVA 5 Select Variable Annuity/RAVA 5 Access Variable Annuity (Offered for contract applications signed prior to 4/30/2012) |
333-79311 | |||||||
RiverSource RAVA 5 Advantage Variable Annuity/RAVA 5 Select Variable Annuity/RAVA 5 Access Variable Annuity (Offered for contract applications signed on or after 4/30/2012 but prior to April 29, 2013) |
333-179358 | |||||||
RiverSource RAVA 5 Advantage Variable Annuity/RAVA 5 Select Variable Annuity/RAVA 5 Access Variable Annuity (Offered for contract applications signed on or after 4/29/2013 but prior to May 1, 2017) |
333-188218 | |||||||
RiverSource RAVA 5 Choice Variable Annuity |
333-229360 | |||||||
RiverSource RAVA 5 Advantage Variable Annuity (Offered for contract applications signed on or after April 29, 2019) |
333-230376 | |||||||
RiverSource RAVA 5 Access Variable Annuity (Offered for contract applications signed on or after June 22, 2020) |
333-237302 | |||||||
RiverSource Retirement Group Variable Annuity Contract I |
333-177380 | |||||||
RiverSource Retirement Group Variable Annuity Contract II |
333-177381 | |||||||
RiverSource RAVA Apex Variable Annuity |
333-262312 |
1933 Act No. | 1940 Act No. | |||||||
RiverSource RAVA Vista Variable Annuity |
333-262313 | |||||||
RiverSource Account SBS |
811-06315 | |||||||
RiverSource Symphony Annuity |
33-40779 | |||||||
Registration Statements filed on Form S-3 |
||||||||
RiverSource Guaranteed Term Annuity/GPAs Offered Under Certain Variable Annuity Contracts |
333-263038 | |||||||
GPAs Offered Under Certain Variable Annuity Contracts |
333-263041 | |||||||
RiverSource Fixed Account Interests Offered Under the Group Variable Annuity Contract |
333-263022 | |||||||
RiverSource Structured Solutions annuity |
333-265678 |
Form S-3 registration statements to be filed as necessary, for the Individual Limited Flexible Purchase Payments Deferred Index-Linked Annuity Contract including but not limited to any registration statements filed to continue the offering of, and/or register additional registration units offered by the registration statements identified above.
1933 Act No. | 1940 Act No. | |||||||
Registration Statements filed on Form N-6 |
||||||||
RiverSource Variable Life Separate Account |
811-4298 | |||||||
RiverSource Single Premium Variable Life Insurance |
333-83456 | |||||||
RiverSource Variable Universal Life IV/RiverSource Variable Universal Life IV Estate Series |
333-69777 | |||||||
RiverSource Variable Universal Life 5/RiverSource Variable Universal Life 5 Estate Series |
333-182361 | |||||||
RiverSource Variable Second-To-Die Life Insurance |
33-62457 | |||||||
RiverSource Variable Universal Life Insurance |
33-11165 | |||||||
RiverSource Variable Universal Life Insurance III |
333-69777 | |||||||
RiverSource Succession Select Variable Life Insurance |
33-62457 | |||||||
RiverSource Single Premium Variable Life Insurance Policy |
2-97637 | |||||||
RiverSource Variable Universal Life 6 Insurance |
333-227506 | |||||||
RiverSource Survivorship Variable Universal Life Insurance |
333-260175 | |||||||
RiverSource Variable Life Account |
811-09515 | |||||||
RiverSource Signature Variable Universal Life Insurance |
333-139766 | |||||||
RiverSource Account for Smith Barney |
811-4652 | |||||||
Salomon Smith Barney Life Vest Single Premium Variable Life Insurance Policy |
33-5210 |
/s/ Nicole D. Wood |
|
Nicole D. Wood Assistant General Counsel and Assistant Secretary |
|