Liquidation: GUARDIAN SEPARATE ACCOUNT A
Form Type: 497
Filing Date: 2025-05-15
Corporate Action: Liquidation
Type: New
Accession Number: 000119312525120791
Filing Summary: The document outlines a Prospectus Supplement for certain variable annuity contracts issued by The Guardian Insurance & Annuity Company, Inc., dated May 15, 2025. It announces the approval by the Board of Trustees of Victory Portfolios for a Plan of Liquidation concerning the Victory Sophus Emerging Markets Fund. The liquidation is set to occur on June 27, 2025, after which the Portfolio will no longer be available as an investment option. Investors are informed about the option to change their premium payment allocations and transfer contract value to other available variable investment options before the Liquidation Date. After the liquidation, any contract value allocated to the Portfolio will be moved to the Fidelity VIP Government Money Market Portfolio without incurring fees or tax liabilities. Additionally, changes to Dollar Cost Averaging, Portfolio Rebalancing, and Premium Allocation Instructions are addressed, specifying that automatic updates will occur unless new instructions are provided prior to the Liquidation Date.
Additional details:
Plan Of Liquidation Approved: Victory Sophus Emerging Markets Fund
Liquidation Date: 2025-06-27
Contract Transfer Fund: Fidelity VIP Government Money Market Portfolio
No Fees Or Tax Liability: true
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