M&A - FS VARIABLE SEPARATE ACCOUNT

Form Type: 497

Filing Date: 2025-01-28

Corporate Action: Merger

Type: New

Accession Number: 000072952225000036

Filing Summary: This supplement dated January 28, 2025, informs owners of specific variable annuity contracts about an upcoming reorganization of certain Underlying Funds. Effective on or about April 28, 2025, certain Underlying Funds from Seasons Series Trust and SunAmerica Series Trust will be reorganized into the Underlying Funds of SunAmerica Series Trust. Notably, the Target Underlying Fund SA PIMCO VCP Tactical Balanced Portfolio will be reorganized into the Acquiring Underlying Fund SA VCP Dynamic Allocation. Additional reorganizations will occur for contract owners of Polaris Select Investor Variable Annuity, involving SA T. Rowe Price Growth Stock, SA BlackRock VCP Global Multi Asset Portfolio, and others being transferred into corresponding Acquiring Funds. The exchange of shares will be executed at equal total value to that of the Target Underlying Funds. This reorganization is executed without counting against the annual free transfer limitations. The document encourages owners to reach out to the Annuity Service Center for further questions.

Form Type: 497

Filing Date: 2025-01-28

Corporate Action: Merger

Type: New

Accession Number: 000072952225000037

Filing Summary: This supplement dated January 28, 2025, informs the owners of certain variable annuity contracts about the expected reorganization of specific Underlying Funds effective on or about April 28, 2025. The reorganization involves merging Target Underlying Funds from Seasons Series Trust and SunAmerica Series Trust into corresponding Acquiring Underlying Funds of the SunAmerica Series Trust. Notable exchanges include the Target Underlying Fund SA PIMCO VCP Tactical Balanced Portfolio into the Acquiring Underlying Fund SA VCP Dynamic Allocation Portfolio. The supplement outlines detailed exchanges for contract owners of Polaris Advantage Variable Annuity and Polaris Select Investor Variable Annuity, specifying advisors and sub-advisors for each fund. On the Effective Date, shares of the Target Underlying Funds will be exchanged for shares of the corresponding Acquiring Underlying Funds, ensuring that the total value remains equal. Additionally, transfers of assets in and out of these funds will not affect the annual limits on free transfers, providing flexibility for contract owners. For further inquiries, the Annuity Service Center is available for assistance.

Form Type: 497

Filing Date: 2025-01-28

Corporate Action: Merger

Type: Update

Accession Number: 000072952225000039

Filing Summary: This document is a supplement dated January 28, 2025, for the variable annuity prospectuses of several accounts including FS Variable Separate Account and others. It announces the expected reorganization of certain Underlying Funds from the SunAmerica Series Trust effective on or about April 28, 2025. The reorganization involves exchanging shares of specific Target Underlying Funds for the same class of shares in the corresponding Acquiring Underlying Funds. The document specifies the Target and Acquiring Underlying Funds involved in the reorganization, detailing their advisors and subadvisors. It also informs policyholders that neither the automatic transfer of assets nor the transfer of assets out of the Target Funds will count against their annual free transfer limit. Additional details are provided on obtaining more information about the Underlying Funds.

Form Type: 497

Filing Date: 2025-01-28

Corporate Action: Merger

Type: Update

Accession Number: 000072952225000040

Filing Summary: This supplement informs owners of variable annuity contracts about the expected reorganization of certain Underlying Funds into new funds effective on or about April 28, 2025. Specifically, the Target Underlying Funds from Seasons Series Trust and SunAmerica Series Trust will be merged into the Acquiring Underlying Funds of SunAmerica Series Trust. The SA PIMCO VCP Tactical Balanced Portfolio available for Polaris Advantage Variable Annuity will be reorganized into the SA VCP Dynamic Allocation Portfolio. Additionally, for the Polaris Select Investor Variable Annuity, the SA T. Rowe Price Growth Stock, SA BlackRock VCP Global Multi Asset Portfolio, and SA PIMCO VCP Tactical Balanced Portfolio will be reorganized into designated Acquiring Underlying Funds. On the Effective Date, shares of the Target Funds will be exchanged for the corresponding shares of the Acquiring Funds. This reorganization will not affect the total value of the shares held by contract owners. The document also clarifies that transfers of assets related to this merger will not impact the annual free transfers allowed.

Form Type: 497

Filing Date: 2025-01-28

Corporate Action: Merger

Type: Update

Accession Number: 000093134425000001

Filing Summary: This supplement informs variable annuity contract owners of the expected reorganization of specific Underlying Funds associated with various variable annuities managed by FS Variable Separate Account and other companies. Effective on or about April 28, 2025, certain Target Underlying Funds will be reorganized into designated Acquiring Underlying Funds. The shares of the Target Underlying Funds will be exchanged for the same class of shares in the Acquiring Underlying Funds, maintaining equal total value. The document identifies specific Target and Acquiring Underlying Funds, as well as their advisors and subadvisors. It also highlights that asset transfers during a specified period will not impact free transfer limits for policyholders.

Form Type: 497

Filing Date: 2025-01-28

Corporate Action: Merger

Type: Update

Accession Number: 000093134425000003

Filing Summary: The supplement dated January 28, 2025, informs variable annuity contract owners about the forthcoming reorganization of certain Underlying Funds of SunAmerica Series Trust, effective on or about April 28, 2025. This reorganization involves the exchange of shares from specific Target Underlying Funds for shares of corresponding Acquiring Underlying Funds. The total value of the exchanged shares will remain equal to the total value held by contract owners on the Effective Date. The document lists the Target Underlying Funds alongside their corresponding Acquiring Underlying Funds and their advisors. It also notes that asset transfers on the Effective Date or out of the Acquiring Funds within 60 days will not affect the annual free transfer limit. Additional information, including fund prospectuses, can be accessed online or through their Annuity Service Center.

Form Type: 497

Filing Date: 2025-01-28

Corporate Action: Merger

Type: Update

Accession Number: 000093134425000005

Filing Summary: This supplement dated January 28, 2025, informs owners of certain variable annuity contracts of an expected reorganization of several Underlying Funds of SunAmerica Series Trust. The effective date of this reorganization is April 28, 2025. The Target Underlying Funds will be reorganized into Acquiring Underlying Funds, with an exchange of shares occurring on this date. For each Target Underlying Fund, owners will receive shares of the corresponding Acquiring Underlying Fund with equal total value. The specific funds involved in the reorganization include the SA BlackRock VCP Global Multi Asset Portfolio and the SA PIMCO VCP Tactical Balanced Portfolio, which will be merged into their respective Acquiring Funds managed by SunAmerica Asset Management, LLC and other advisors. Additional fund information can be obtained through their website or by contacting the Annuity Service Center for assistance.

Form Type: 497

Filing Date: 2025-01-28

Corporate Action: Merger

Type: Update

Accession Number: 000093134425000008

Filing Summary: This document serves as a supplemental notice to owners of variable annuity contracts regarding the upcoming reorganization of certain Underlying Funds within the SunAmerica Series Trust. Effective on or about April 28, 2025, specific Target Underlying Funds including SA BlackRock VCP Global Multi Asset Portfolio and SA PIMCO VCP Tactical Balanced Portfolio will be reorganized into corresponding Acquiring Underlying Funds. On the Effective Date, shares of the Target Underlying Funds will be exchanged for shares of the Acquiring Underlying Funds, maintaining an equivalent total value. Further details regarding the Underlying Funds and additional fund prospectus can be accessed through the company website or by contacting the Annuity Service Center. This change will not affect the allowed free transfers of assets.

Form Type: 497VPI

Filing Date: 2025-01-28

Corporate Action: Merger

Type: Update

Accession Number: 000093134425000006

Filing Summary: This document serves as a supplement to the variable annuity prospectuses informing owners of pending reorganizations of certain Underlying Funds under the SunAmerica Series Trust. The scheduled reorganization is effective on or about April 28, 2025. Specifically, Target Underlying Funds such as 'SA BlackRock VCP Global Multi Asset Portfolio' and 'SA PIMCO VCP Tactical Balanced Portfolio' will merge into Acquiring Underlying Funds with equivalent classes of shares, maintaining the total value for investors. This transition will not affect the free transfers policy for clients.

Form Type: 497VPU

Filing Date: 2025-01-28

Corporate Action: Merger

Type: Update

Accession Number: 000072952225000034

Filing Summary: This document serves as a supplement to the variable annuity prospectuses for various annuity contracts related to FS Variable Separate Account and others. It announces the expected reorganization of selected Underlying Funds of the SunAmerica Series Trust, which is set to take effect on or about April 28, 2025. Specifically, certain Target Underlying Funds will be merged into designated Acquiring Underlying Funds. The document details the specific funds involved in the reorganization, including the corresponding advisors and sub-advisors. As of the Effective Date, the shares of the Target Underlying Funds will be exchanged for shares of the Acquiring Underlying Funds, maintaining the equivalent value of the investors’ holdings. Additionally, it specifies that this transfer will not count against the yearly limit of free transfers for investors.

Form Type: 497VPU

Filing Date: 2025-01-28

Corporate Action: Merger

Type: New

Accession Number: 000093134425000004

Filing Summary: This document is a supplement dated January 28, 2025, informing owners of certain variable annuity contracts about the planned reorganization of several Underlying Funds within the SunAmerica Series Trust, set to be effective on or about April 28, 2025. Specific funds will be merged into the respective Acquiring Underlying Funds, with details provided in a table that outlines the Target Underlying Funds alongside their corresponding Acquiring Underlying Funds and the advisors involved. Holders of shares in the Target Underlying Funds will have their shares exchanged for the equivalent class of shares in the Acquiring Underlying Funds on the Effective Date. Important notes include that this transfer will not impact the free transfer provisions normally permitted to contract holders, and further information can be accessed through the provided contact information and website.

Form Type: 497VPU

Filing Date: 2025-01-28

Corporate Action: Merger

Type: New

Accession Number: 000093134425000007

Filing Summary: This document serves as a notice to the owners of the specified variable annuity contracts regarding the upcoming reorganization of certain Underlying Funds associated with SunAmerica Series Trust, effective approximately on April 28, 2025. The document outlines the change where several Target Underlying Funds will be merged into new Acquiring Underlying Funds. Specifically, shares from funds such as 'SA BlackRock VCP Global Multi Asset Portfolio' and 'SA PIMCO VCP Tactical Balanced Portfolio' will be exchanged for shares in their corresponding new funds. Investors will retain the total value of their holdings during this transition. Additionally, the document provides information on how to access further details about the Underlying Funds and the process for managing their investments during the transition.