Liquidation: GUARDIAN SEPARATE ACCOUNT Q OF THE GUARD INS & ANN CO INC

Form Type: 497

Filing Date: 2025-05-15

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525120773

Filing Summary: The document outlines a prospectus supplement for certain variable annuity contracts issued by The Guardian Insurance & Annuity Company, Inc. It details the approval of a Plan of Liquidation for the Victory Sophus Emerging Markets Fund, which is set to liquidate and dissolve on June 27, 2025. Post-liquidation, any contract value allocated to this fund will be transferred to the Fidelity VIP Government Money Market Portfolio. Investors can change their premium payment allocations and transfer contract values to other available options before the liquidation date. The document also describes how Dollar Cost Averaging, Portfolio Rebalancing, and Premium Allocation Instructions will be impacted and allows for instructions to be updated before the liquidation takes effect. No fees or taxes will incur due to this liquidation, and confirmations of the transfer will be sent to the investors.