Liquidation: Forethought Life Insurance Co Separate Account A
Form Type: 497
Filing Date: 2025-01-29
Corporate Action: Liquidation
Type: New
Accession Number: 000110465925007140
Filing Summary: The Board of Trustees of the Goldman Sachs Variable Insurance Trust, advised by Goldman Sachs Asset Management, has approved the liquidation of the Goldman Sachs Multi-Strategy Alternatives Portfolio, expected to take place on April 11, 2025. Effective April 7, 2025, the Fund will not accept new contributions. Policyholders can continue to make Premium Payments and Sub-Account transfers until this date. After the liquidation, any remaining Contract Value in the Fund’s Sub-Account will automatically transfer to the Invesco V.I. Government Money Market Fund Sub-Account. Automatic updates to enrollments will occur if no action is taken prior to the liquidation, and specific investment restrictions may apply. Any subsequent transfers from the Invesco fund within 60 days post-liquidation will not count against contract year transfer limits. References to the Fund will be removed from the prospectus after the liquidation is completed.
Additional details:
Premium Payments: You may continue to allocate new Premium Payments to the Fund, including allocations via InvestEase, until April 7, 2025.
Sub Account Transfers: You may continue to make Sub-Account transfers to the Fund until April 7, 2025.
Liquidation Date: April 11, 2025
Contract Value Transfer: If any Contract Value is invested in the Fund’s Sub-Account, it will automatically transfer to the Invesco V.I. Government Money Market Fund Sub-Account.
Enrollments Update: If no updates are made, enrollments will be automatically updated to the Invesco V.I. Government Money Market Fund Sub-Account.
Investment Restrictions: Investment Restrictions may require remaining invested in the Fund's Sub-Account before liquidation and the Invesco Fund after.
Transfer Rule: Transfer from the Fund’s Sub-Account due to liquidation will not count against transfer limitations.
Post Liquidation Transfer: One Sub-Account transfer from the Invesco Fund in the 60 days post-liquidation won't count against contractual limits.
Form Type: 497
Filing Date: 2025-01-29
Corporate Action: Liquidation
Type: New
Accession Number: 000110465925007142
Filing Summary: The Board of Trustees of the Goldman Sachs Variable Insurance Trust approved a proposal to liquidate the Goldman Sachs Multi-Strategy Alternatives Portfolio, with the liquidation expected to occur on or about April 11, 2025. The Fund will be closed to new investments effective on or about April 7, 2025. Investors can allocate new premium payments to the Fund until April 7, 2025, after which they must redirect their allocations. Transfers to the Fund will also be permitted until April 7, 2025. Any Contract Value in the Fund's Sub-Account will be automatically transferred to the Invesco V.I. Government Money Market Fund Sub-Account on the Liquidation Date. If enrollments are not updated before this date, they will automatically reflect the new Sub-Account. Current Investment Restrictions may require remaining invested in the Fund’s Sub-Account before liquidation and in the Money Market Fund after liquidation. The document stipulates that the transfer as a result of liquidation will not count against the annual transfer limit. Post-liquidation, all references to the Fund will be removed from the prospectus.
Additional details:
Premium Payments: You may continue to allocate new Premium Payments to the Fund until April 7, 2025.
Sub Account Transfers: You may continue to make Sub-Account transfers to the Fund until April 7, 2025.
Contract Value Transfer: Contract Value will automatically be transferred into the Invesco V.I. Government Money Market Fund Sub-Account.
Enrollments Update: Your enrollment will automatically be updated to reflect the Invesco V.I. Government Money Market Fund Sub-Account.
Investment Restrictions: Investment Restrictions may require you to remain invested in the Fund's Sub-Account before liquidation.
Transfer Rule: The liquidation transfer will not count against transfer limitations.
Post Liquidation Removal: All information and references to the Fund are deleted from your prospectus upon completion of the liquidation.
Form Type: 497
Filing Date: 2025-01-29
Corporate Action: Liquidation
Type: Update
Accession Number: 000110465925007146
Filing Summary: The document serves as a supplement to the Prospectus of the ForeRetirement II Variable Annuity issued by Forethought Life Insurance Company Separate Account A, detailing the Board of Trustees' approval to liquidate the Goldman Sachs Multi-Strategy Alternatives Portfolio. The liquidation is scheduled to occur on or about April 11, 2025, with the Fund being closed to new investments effective April 7, 2025. Until this date, investors can still allocate new premium payments to the Fund and make transfers to it. After April 11, 2025, any contract value invested in the Fund will be automatically transferred to the Invesco V.I. Government Money Market Fund Sub-Account. If no updates are made to enrollments, they will be automatically adjusted to the Invesco Fund post-liquidation. Investment restrictions may apply before and after the liquidation date. The liquidation process will not count against transfer limitations, and after completion, all references to the Fund will be removed from the prospectus.
Additional details:
Premium Payments Period: Continue allocating new Premium Payments until April 7, 2025
Sub Account Transfers Period: Continue making sub-account transfers until April 7, 2025
Liquidation Date: 2025-04-11
Automatic Transfer Details: Contract Value will transfer to Invesco V.I. Government Money Market Fund Sub-Account after liquidation
Enrollment Update Details: Enrollment will update automatically to reflect the Invesco Fund if no updates are made
Investment Restrictions: Current restrictions are listed in Appendix C of the Prospectus
Sub Account Transfer Rule: Transfers due to liquidation do not count against transfer limits
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