Variable Annuity Acct C of Voya Retirement Insurance & Annuity Co.
04/01/2026 | Press release | Distributed by Public on 04/01/2026 14:54
Summary Prospectus for New Investors by Investment Company (Form 497VPI)
Voya Retirement Insurance and Annuity Company
and its
Variable Annuity Account C
AFT CHOICE PLUS
Supplement Dated April 1, 2026 to the Contract Prospectus,
Initial Summary Prospectus, and Updating Summary Prospectus,
each dated May 1, 2025, as amended
This supplement to the variable annuity contract prospectus ("contract prospectus"), initial summary prospectus and updating summary prospectus ("summary prospectuses"), updates and amends certain information contained in them. Please read this supplement carefully and keep it with the contract prospectus and summary prospectuses that you may have received, for future reference. Capitalized terms not defined in this supplement shall have the meaning given to them in the contract prospectus and summary prospectuses.
NOTICE OF IMPORTANT INFORMATION ABOUT
UPCOMING FUND CHANGESAND THE ADDITION OF NEW FUNDS
Effective March 10, 2026, the American Century Investments® Disciplined Core Value Fund changed its name to the American Century Investments® Disciplined Value Fund.
* * * *
Effective May 1, 2026, the following funds will be added to the Contracts of APPENDIX A: FUNDS AVAILABLE UNDER THE CONTRACT, in the contract prospectus and initial summary prospectus, and in the APPENDIX: FUNDS AVAILABLE UNDER THE CONTRACT, of the updating summary prospectus.
| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
|
1 Year |
5 Years |
10 Years |
|||
| Seeks to produce income and to provide an opportunity for growth of principal consistent with sound common stock investing. |
American Funds® - Washington Mutual Investors FundSM (Class R4)1 Investment Adviser: Capital Research and Management CompanySM |
0.75%* | 16.90% | 13.60% | 12.08% |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| 1 |
This Fund is available to the general public in addition to being available through variable annuity contracts. See "FEDERAL TAX CONSIDERATIONS - Special Considerations for Section 403(b) Plans" for a discussion of investment in one of the public Funds under 403(b) or Roth 403(b) annuity contracts. |
| X.105479-25D | April 2026 |
| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
|
1 Year |
5 Years |
10 Years |
|||
| Seeks long-term capital appreciation. |
Ariel Fund (Investor Class)1 Investment Adviser: Ariel Investments, LLC |
1.01% | 14.15% | 9.36% | 9.51% |
| Seeks long-term capital growth. |
Victory Pioneer Global Equity Fund (Class A)1 Investment Adviser: Victory Capital Management Inc. |
1.10%* | 41.08% | 15.40% | 12.75% |
| Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2030. On the Target Date, the Portfolio's investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. |
Voya Index Solution 2030 Portfolio (Class I)
|
0.22%*,** | 10.46%** | 6.37%** | 6.88%** |
| Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2040. On the Target Date, the Portfolio's investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. |
Voya Index Solution 2040 Portfolio (Class I)
|
0.24%*,** | 13.56%** | 8.31%** | 8.09%** |
| * | Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** | Information is as of the most recent prospectus for the periods ended December 31, 2024. |
| 1 |
This Fund is available to the general public in addition to being available through variable annuity contracts. See "FEDERAL TAX CONSIDERATIONS - Special Considerations for Section 403(b) Plans" for a discussion of investment in one of the public Funds under 403(b) or Roth 403(b) annuity contracts. |
| X.105479-25D | April 2026 |
| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
|
1 Year |
5 Years |
10 Years |
|||
| Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2050. On the Target Date, the Portfolio's investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. |
Voya Index Solution 2050 Portfolio (Class I) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.25%*,** | 15.27%** | 8.98%** | 8.57%** |
| Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2060. On the Target Date, the Portfolio's investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement. |
Voya Index Solution 2060 Portfolio (Class I)
|
0.23%*,** | 15.41%** | 9.15%** | N/A** |
|
Seeks long-term growth of capital and current income. |
Voya Large Cap Value Fund (Class A) Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC |
0.86% | 12.66% | 12.56% | 10.85% |
| Seeks long-term capital appreciation. |
Voya MidCap Opportunities Portfolio (Class I)
Investment Adviser: Voya Investments, LLC |
0.83%* | 3.90% | 4.55% | 10.97% |
| * |
Current expenses reflect applicable waivers or expense limitations as reported in the Fund's prospectus. |
| ** |
Information is as of the most recent prospectus for the periods ended December 31, 2024. |
| X.105479-25D | April 2026 |
| INVESTMENT OBJECTIVE |
FUND NAME INVESTMENT ADVISER/SUBADVISER |
CURRENT EXPENSES |
AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2025) |
||
|
1 Year |
5 Years |
10 Years |
|||
| Seeks long-term capital appreciation. |
Voya Small Cap Growth Fund (Class I)
Investment Adviser: Voya Investments, LLC |
0.95% | 14.49% | 8.11% | 13.13% |
* * * *
MORE INFORMATION IS AVAILABLE
More information about the funds available through your contract, including information about the risks associated with investing in them can be found in the contract prospectus, summary prospectuses, and Statement of Additional Information for each fund. You may obtain these documents by contacting Customer Service.
If you received a summary prospectus for any of the funds available through your contract, you may obtain a full contract prospectus and other fund information free of charge by either accessing the internet address, calling the telephone number, or sending an email request to the email address shown on the front of the fund's summary prospectus.
Please retain this supplement for future reference.
Insurance products, annuities and retirement plan funding issued by (third party administrative services may also be provided by) Voya Retirement Insurance and Annuity Company, One Orange Way, Windsor, CT 06095. Securities are distributed by Voya Financial Partners, LLC (member SIPC). Securities may also be distributed through other broker-dealers with which Voya Financial Partners, LLC has selling agreements.
| X.105479-25D | April 2026 |
Variable Annuity Acct C of Voya Retirement Insurance & Annuity Co. published this content on April 01, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 01, 2026 at 20:54 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]