Variable Annuity-2 Series Account

Form Type: 497VPU

Filing Date: 2024-12-23

Corporate Action: Liquidation

Type: Update

Accession Number: 000110465924131158

Comments: This document serves as a supplement to the Updating Summary Prospectus and Prospectus for Great-West Smart Track® Advisor Variable Annuity contracts, detailing the plan to liquidate the Goldman Sachs Multi-Strategy Alternatives Portfolio. The liquidation is expected to occur around April 11, 2025, at which point the fund will no longer be available as a Sub-Account under the Contract. Existing Contract Owners can purchase shares until April 7, 2025, after which any allocated values will automatically transfer to the Fidelity® VIP Government Money Market Portfolio. The document outlines the specific timelines for transfers and the availability of current Sub-Accounts to ensure that Contract Owners are informed of their rights and options leading up to and following the liquidation.

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