RiverSource® Retirement Advisor
Variable Annuity
Variable Annuity
Individual Flexible Premium Deferred Combination Fixed/Variable
Annuity
| Issued by: |
RiverSource Life Insurance Company (RiverSource Life) |
| |
70100 Ameriprise Financial Center
Minneapolis, MN 55474 Telephone: 1-800-862-7919 (Service Center)
ameriprise.com/variableannuities |
Updating Summary Prospectus
May 1, 2026
The Prospectus for the RiverSource Retirement Advisor Variable Annuity (the Contract), an individual flexible premium deferred combination fixed/variable annuity issued by RiverSource Life Insurance Company (“RVS Life”, “we”, “us” and “our”), is available and contains more information about the Contract including its features, benefits and risks. You can find the current prospectus and other information about the Contract online at riversource.com/annuities. You can
also obtain this information at no cost by calling 1-800-862-7919 or by sending an email request to
riversource.annuityservice@ampf.com.
Additional information about certain investment products, including variable annuities, has been prepared by the
Securities and Exchange Commission’s staff and is available at Investor.gov.
The Securities and Exchange Commission has not approved or disapproved these securities or determined if this prospectus is accurate or complete. Any representation to the contrary is a criminal offense.
RiverSource Retirement Advisor Variable Annuity — Summary Prospectus 1
Key Terms
These terms can help you understand details about your Contract.
Contract: A deferred annuity contract that permits you to accumulate money for retirement by making one or more purchase payments. It provides for lifetime or other forms of payouts beginning at a specified time in the future.
Contract value: The total value of your Contract before we deduct any applicable charges.
Contract year: A period of 12 months, starting on the effective date of your Contract and on each anniversary of the effective date.
Fixed Account: Part of our general account to which you may allocate purchase payments. Amounts you allocate to this account earn interest at rates that we declare periodically.
Funds: A portfolio of an open-end management investment company that is registered with the Securities and Exchange Commission (the “SEC”) in which the
Subaccounts invest. May also be referred to as an underlying Fund.
Rider: You receive a rider when you purchase the EEB or MAV. The rider adds the terms of the optional benefit to your contract.
Service
Center: Our department that processes all transaction and service requests for the Contracts. We consider all transaction and service requests received when they arrive in good order at the Service Center. Any transaction or service requests sent or directed to any
location other than our Service Center may end up delayed or not processed. Our Service Center address
and telephone number are listed on the first page of the prospectus.
Settlement date: The date when annuity payouts are scheduled to begin.
Subaccount: A division of the Variable Account, each of which invests in one Fund.
Variable Account: Refers to the RiverSource Variable Account
10, a Separate Account established
to hold Contract owners’ assets allocated to the Subaccounts, each of which invests in a particular
Fund.
RiverSource Retirement Advisor Variable Annuity — Summary Prospectus 3
Updated Information You Should Consider About
the Contract
4 RiverSource Retirement Advisor Variable Annuity — Summary Prospectus
Important Information You Should Consider
About the Contract
| |
FEES, EXPENSES, AND
ADJUSTMENTS |
Location in
Statutory
Prospectus | ||
| Are There Charges
or Adjustments for
Early
Withdrawals? |
Yes.
In addition to the withdrawal charge, we may reverse a purchase payment
credit upon certain withdrawals within 12 months of when the
purchase payment credit was applied. You may select either a
seven-year or ten-year surrender charge schedule at the time of
application. If you select a seven-year surrender charge schedule
and you withdraw money during the first seven years from date of
each purchase payment, you may be assessed a surrender charge of
up to 7% of the purchase payment withdrawn. If you select a
ten-year surrender charge schedule and you withdraw money during
the first ten years from date of each purchase payment, you may
be assessed a surrender charge of up to 8% of the purchase
payment withdrawn. For example, if you select a seven-year
surrender charge schedule and make an early withdrawal, you could
pay a surrender charge of up to $7,000 on a $100,000 investment.
If you select a ten-year surrender charge schedule and make an
early withdrawal, you could pay a surrender charge of up to
$8,000 on a $100,000 investment. |
Fee Table and
Examples
Charges and
Adjustments –
Transaction
Expenses –
Surrender Charge | ||
| Are There
Transaction
Charges? |
No. Other than surrender charges, we do not assess any transaction charges. |
| ||
RiverSource Retirement Advisor Variable Annuity — Summary Prospectus 5
| |
FEES, EXPENSES, AND
ADJUSTMENTS |
Location in
Statutory
Prospectus | ||
| Are There Ongoing
Fees and
Expenses? |
Yes. The table below describes the current fees and expenses that you may pay each year, depending on the investment options and optional benefits you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the
options you have elected. |
Fee Table and
Examples
Charges and
Adjustments –
Annual Contract
Expenses
Appendix A:
Investment
Options Available
Under the
Contract | ||
| Annual Fee |
Minimum |
Maximum | ||
| Base Contract(1) (varies by tax qualification) |
0.77% |
0.97% | ||
| Fund options
(Funds fees and expenses)(2) |
0.39%
|
2.32%
| ||
| Optional benefits available for an
additional charge
(for a single optional benefit, if
elected)(3) |
0.15% |
0.30% | ||
| (1) As a percentage of average daily contract value in the variable account. Includes the
Mortality and Expense Fee and contract administrative charge.
(2) As a percentage of fund assets.
(3) As a percentage of Contract Value.
Because your Contract is customizable, the choices you make affect how
much you will pay. To help you understand the cost of owning your Contract,
the following table shows the lowest and highest cost you could pay each
year, based on current charges. This estimate assumes that you do
not take withdrawals from the Contract, which could add surrender charges that substantially increase costs. | ||||
| Lowest Annual Cost:
$1,234
|
Highest Annual Cost:
$3,089
| |||
| Assumes:
•Investment of $100,000 •5% annual appreciation
•Least expensive combination of Fund fees and expenses •No optional benefits
•No sales charge •No additional purchase payments,
transfers or withdrawals
•No purchase payment credits |
Assumes:
•Investment of $100,000 •5% annual appreciation
•Most expensive combination of contract features, optional
benefits and Fund fees and
expenses
•No sales charge •No additional purchase payments,
transfers or withdrawals
•No purchase payment credits | |||
| |
RISKS |
| ||
| Is There a Risk of
Loss from Poor
Performance? |
Yes. You can lose money by investing in this Contract including loss of principal. |
Principal Risks of
Investing in the
Contract | ||
6 RiverSource Retirement Advisor Variable Annuity — Summary Prospectus
| |
RISKS |
Location in
Statutory
Prospectus | ||
| Is This a
Short-Term
Investment? |
No.
•The Contract is not a short-term investment and is not appropriate for an investor who needs ready access to cash. •The Contract has surrender charges, which may reduce the value of your
Contract if you withdraw money during the surrender charge period. Surrenders may also reduce contract guarantees. •Surrenders may also be subject to taxes and tax penalties.
•The benefits of tax deferral and long-term income mean the contract is generally more beneficial to investors with a long term investment horizon. |
Principal Risks of
Investing in the
Contract
Charges and
Adjustments –
Transaction
Expenses –
Surrender Charge | ||
| What Are the
Risks Associated
with the
Investment
Options? |
•An investment in the Contract is subject to the risk of poor investment performance and can vary depending on the performance of the investment options available under the Contract. •Each investment option (including under the Fixed Account) has its own
unique risks.
•You should review the investment options before making any investment decisions. |
Principal Risks of
Investing in the
Contract
The Variable Account and the
Funds
The Fixed Account | ||
| What are the
Risks Related to
the Insurance
Company? |
An investment in the Contract is subject to the risks related to us. Any
obligations (including under the Fixed Account) or guarantees and benefits
of the Contract that exceed the assets of the Separate Account are subject
to our claims-paying ability. If we experience financial distress, we may not
be able to meet our obligations to you. More information about
RiverSource Life, including our financial strength ratings, is
available by contacting us at 1-800-862-7919. |
Principal Risks of
Investing in the
Contract
The General
Account | ||
| |
RESTRICTIONS |
| ||
| Are There
Restrictions on
the Investment
Options? |
Yes.
•Subject to certain restrictions, you may transfer your Contract value among the subaccounts without charge at any time before the settlement date, and once per contract year after the settlement date. •We reserve the right to modify, restrict or suspend your transfer
privileges if we determine that your transfer activity
constitutes market timing.
•We reserve the right to add, remove or substitute Funds. We also reserve the right, upon notification to you, to close or restrict any Funds. |
Making the Most
of Your Contract –
Transferring
Among Accounts
Substitution of
Investments | ||
| Are There
Restrictions on
Contract
Benefits? |
Yes. Optional Death Benefit riders are available on this product. |
| ||
| |
TAXES |
| ||
| What Are the
Contract’s Tax
Implications? |
•Consult with a tax advisor to determine the tax implications of an investment in and payments and withdrawals received under this Contract.
•If you purchase the Contract through a tax-qualified plan or individual retirement account, you do not get any additional tax benefit. •Earnings under your contract are taxed at ordinary income tax rates when
withdrawn. You may have to pay a tax penalty if you take a withdrawal
before age 59½. |
Taxes | ||
RiverSource Retirement Advisor Variable Annuity — Summary Prospectus 7
| |
CONFLICTS OF INTEREST
|
Location in
Statutory
Prospectus | ||
| How Are
Investment
Professionals
Compensated? |
Your investment professional may receive compensation for selling this
Contract to you, in the form of commissions, additional cash benefits (e.g., bonuses), and non-cash compensation. This financial incentive may influence your investment professional to recommend this Contract over another investment for which the investment professional is not compensated or compensated less. |
About the Service
Providers | ||
| Should I Exchange
My Contract? |
If you already own an annuity or insurance Contract, some investment
professionals may have a financial incentive to offer you a new Contract in
place of the one you own. You should only exchange a Contract you already
own if you determine, after comparing the features, fees, and risks of both
Contracts, that it is better for you to purchase the new Contract rather than continue to own your existing Contract. |
Buying Your
Contract – Contract
Exchanges | ||
8 RiverSource Retirement Advisor Variable Annuity — Summary Prospectus
Appendix A: Investment Options Available Under the
Contract
The following is a list of funds available under
the contract. More information about the funds is available in the prospectuses for the
funds, which may be amended from time to time and can be found online at riversource.com. You can also request this information at no cost by calling 1-800-862-7919 or by sending an email request
to riversource.annuityservice@ampf.com.
The current expenses and performance information below reflects fee and expenses of the funds, but do not reflect the other fees and expenses that your contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each fund’s past performance is not necessarily an indication of future performance.
The current expenses and performance information below reflects fee and expenses of the funds, but do not reflect the other fees and expenses that your contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each fund’s past performance is not necessarily an indication of future performance.
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Seeks to maximize total
return consistent with
AllianceBernstein's
determination of
reasonable risk. |
AB VPS Dynamic Asset Allocation Portfolio
(Class B)1 AllianceBernstein L.P. |
1.10%2 |
13.21% |
4.74% |
5.25% |
| Seeks long-term growth
of capital. |
AB VPS International Value Portfolio
(Class B)
AllianceBernstein L.P. |
1.17%2 |
41.27% |
10.19% |
6.37% |
| Seeks long-term growth
of capital. |
AB VPS Relative Value Portfolio (Class B)
AllianceBernstein L.P. |
0.85%2 |
10.20% |
11.15% |
10.30% |
| Seeks long-term growth
of capital. |
AB VPS Sustainable Global Thematic
Portfolio (Class B)
AllianceBernstein L.P. |
1.20%2 |
6.02% |
3.02% |
9.80% |
| Seeks long-term total
return, consisting of
capital appreciation and
current income. |
Allspring VT Index Asset Allocation Fund
(Class 2)
Allspring Funds Management, LLC, adviser;
Allspring Global Investments, LLC,
subadviser. |
1.00%2 |
11.48% |
7.54% |
8.99% |
| Seeks long-term capital
appreciation. |
Allspring VT Small Cap Growth Fund
(Class 2)
Allspring Funds Management, LLC, adviser;
Allspring Global Investments, LLC,
subadviser. |
1.16% |
9.25% |
(0.96%) |
9.94% |
| The Portfolio seeks
investment results that
correspond (before fees
and expenses) generally
to the price and yield
performance of its
underlying index, the
Alerian Midstream
Energy Select Index (the
"Index"). |
ALPS | Alerian Energy Infrastructure Portfolio
(Class III)
ALPS Advisors, Inc. |
1.30% |
4.66% |
22.06% |
10.70% |
| Seeks high total
investment return. |
BlackRock Global Allocation V.I. Fund
(Class III)3 BlackRock Advisors, LLC, adviser; BlackRock (Singapore) Limited and BlackRock International Limited, subadvisers. |
1.01%2 |
19.42% |
5.51% |
7.33% |
RiverSource Retirement Advisor Variable Annuity — Summary Prospectus 9
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current
Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Seeks to achieve a
competitive total return
through an actively
managed portfolio of
stocks, bonds and
money market
instruments which offer
income and capital
growth opportunity. |
Calvert VP SRI Balanced Portfolio (Class I)
Calvert Research and Management |
0.65% |
11.48% |
8.68% |
9.81% |
| The portfolio is
designed to achieve
positive total return
relative to the
performance of the
Bloomberg Commodity
Index Total Return
("BCOM Index"). |
Cantor Fitzgerald Commodity Return Strategy
Portfolio (Class 1) (previously Credit Suisse
Trust - Commodity Return Strategy Portfolio
(Class 1))
O’Connor Alternative Investments, LLC
|
1.05%2 |
15.36% |
10.28% |
5.59% |
| Seeks long-term capital
appreciation. |
Columbia Variable Portfolio - Acorn Fund
Columbia Management Investment Advisers,
LLC |
0.86%2 |
4.47% |
1.02% |
8.66% |
| Seeks long-term capital
appreciation. |
Columbia Variable Portfolio - Acorn
International Fund
Columbia Management Investment Advisers,
LLC |
1.01%2 |
12.76% |
(1.00%) |
4.31% |
| Seeks maximum total
investment return
through a combination
of capital growth and
current income. |
Columbia Variable Portfolio - Balanced Fund
(Class 3)
Columbia Management Investment Advisers,
LLC |
0.84%2 |
13.91% |
8.59% |
9.59% |
| Seeks to provide
shareholders with total
return. |
Columbia Variable Portfolio - Commodity
Strategy Fund (Class 2)
Columbia Management Investment Advisers,
LLC |
0.98%2 |
15.30% |
12.44% |
6.46% |
| Seeks total return,
consisting of long-term
capital appreciation and
current income. |
Columbia Variable Portfolio - Contrarian Core
Fund (Class 2)
Columbia Management Investment Advisers,
LLC |
0.95%2 |
17.35% |
13.89% |
14.03% |
| Seeks to provide
shareholders with
long-term capital growth. |
Columbia Variable Portfolio - Cornerstone
Growth Fund (Class 3) (previously Columbia
Variable Portfolio - Large Cap Growth Fund
(Class 3))
Columbia Management Investment Advisers,
LLC |
0.84% |
15.98% |
13.90% |
15.83% |
| Seeks to provide
shareholders with
capital appreciation. |
Columbia Variable Portfolio - Disciplined
Core Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.81% |
14.49% |
14.02% |
13.45% |
| Seeks to provide
shareholders with a high
level of current income
and, as a secondary
objective, steady growth
of capital. |
Columbia Variable Portfolio - Dividend
Opportunity Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.78%2 |
15.68% |
11.74% |
10.29% |
10 RiverSource Retirement Advisor Variable Annuity — Summary Prospectus
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current
Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Non-diversified fund that
seeks to provide
shareholders with high
total return through
current income and,
secondarily, through
capital appreciation. |
Columbia Variable Portfolio - Emerging
Markets Bond Fund (Class 2)
Columbia Management Investment Advisers,
LLC |
0.98% |
12.65% |
1.47% |
4.03% |
| Seeks to provide
shareholders with
long-term capital growth. |
Columbia Variable Portfolio - Emerging
Markets Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
1.22%2 |
31.02% |
(1.26%) |
7.13% |
| Seeks to provide
shareholders with
maximum current
income consistent with
liquidity and stability of
principal. |
Columbia Variable Portfolio - Government
Money Market Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.47%2 |
3.84% |
2.88% |
1.81% |
| Seeks to provide
shareholders with high
current income as its
primary objective and,
as its secondary
objective, capital
growth. |
Columbia Variable Portfolio - High Yield Bond
Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.77%2 |
8.54% |
4.03% |
5.63% |
| Seeks to provide
shareholders with a high
total return through
current income and
capital appreciation. |
Columbia Variable Portfolio - Income
Opportunities Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.77%2 |
8.58% |
3.76% |
5.30% |
| Seeks to provide
shareholders with a high
level of current income
while attempting to
conserve the value of
the investment for the
longest period of time. |
Columbia Variable Portfolio - Intermediate
Bond Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.66% |
9.04% |
(0.54%) |
2.65% |
| Seeks to provide
shareholders with
long-term capital
appreciation. |
Columbia Variable Portfolio - Large Cap Index
Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.38%2 |
17.43% |
13.98% |
14.35% |
| Seeks total return,
consisting of current
income and capital
appreciation. |
Columbia Variable Portfolio - Long
Government/Credit Bond Fund (Class 2)
Columbia Management Investment Advisers,
LLC |
0.72%2 |
5.98% |
(5.48%) |
1.31% |
| Seeks to provide
shareholders with
capital appreciation. |
Columbia Variable Portfolio - Overseas Core
Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.93% |
38.03% |
9.05% |
7.69% |
RiverSource Retirement Advisor Variable Annuity — Summary Prospectus 11
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current
Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Seeks to provide
shareholders with high
total return through
income and growth of
capital. |
Columbia Variable Portfolio - Select
Corporate Income Fund (Class 3) (previously
Columbia Variable Portfolio - Corporate Bond
Fund (Class 3))
Columbia Management Investment Advisers,
LLC |
0.60%2 |
7.74% |
1.31% |
2.05% |
| Seeks to provide
shareholders with
long-term growth of
capital. |
Columbia Variable Portfolio - Select Large
Cap Value Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.82% |
28.10% |
13.46% |
12.44% |
| Seeks to provide
shareholders with
growth of capital. |
Columbia Variable Portfolio - Select Mid Cap
Growth Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.96%2 |
14.98% |
7.40% |
12.03% |
| Seeks to provide
shareholders with
long-term growth of
capital. |
Columbia Variable Portfolio - Select Mid Cap
Value Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.96%2 |
14.01% |
11.03% |
10.30% |
| Seeks to provide
shareholders with a
level of current income
consistent with
preservation of capital. |
Columbia Variable Portfolio - Select Short
Corporate Income Fund (Class 2) (previously
Columbia Variable Portfolio - Limited
Duration Credit Fund (Class 2))
Columbia Management Investment Advisers,
LLC |
0.66%2 |
6.00% |
1.90% |
2.94% |
| Seeks to provide
shareholders with
long-term capital growth. |
Columbia Variable Portfolio - Select Small
Cap Value Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.98%2 |
6.44% |
8.80% |
8.11% |
| Seeks to provide
shareholders with
current income as its
primary objective and,
as its secondary
objective, preservation
of capital. |
Columbia Variable Portfolio -
U.S. Government Mortgage Fund (Class 3)
Columbia Management Investment Advisers,
LLC |
0.58% |
9.06% |
(0.19%) |
1.79% |
| Non-diversified fund that
seeks to provide
shareholders with total
return that exceeds the
rate of inflation over the
long term. |
CTIVP® - BlackRock Global Inflation-Linked
Securities Fund (Class 3) (previously CTIVP®
- BlackRock Global Inflation-Protected
Securities Fund (Class 3))
Columbia Management Investment Advisers,
LLC, adviser; BlackRock Financial
Management, Inc., subadviser; BlackRock
International Limited, sub-subadviser. |
0.75%2 |
3.88% |
(1.65%) |
1.82% |
| Seeks to provide
shareholders with
long-term capital growth. |
CTIVP® - Principal Large Cap Growth Fund
(Class 1)
Columbia Management Investment Advisers,
LLC, adviser; Principal Global Investors, LLC,
subadviser. |
0.70% |
13.78% |
10.47% |
14.66% |
| Seeks to provide
shareholders with
long-term growth of
capital. |
CTIVP® - Victory Sycamore Established Value
Fund (Class 3)
Columbia Management Investment Advisers,
LLC, adviser; Victory Capital Management
Inc., subadviser. |
0.95% |
2.12% |
9.51% |
10.57% |
12 RiverSource Retirement Advisor Variable Annuity — Summary Prospectus
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current
Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Seeks capital
appreciation. |
DWS Alternative Asset Allocation VIP
(Class B)3 Columbia Management Investment Advisers, LLC, adviser; Victory Capital Management Inc., subadviser. |
1.31% |
10.03% |
4.88% |
4.52% |
| Seeks high level of
current income. |
Eaton Vance VT Floating-Rate Income Fund
(Initial Class)
Eaton Vance Management |
1.19% |
3.95% |
4.64% |
4.43% |
| Seeks long-term capital
appreciation. |
Fidelity® VIP Contrafund® Portfolio (Service
Class 2)
Fidelity Management & Research Company,
adviser; Fidelity Management & Research
Company (UK) Limited, Fidelity
Management & Research Company (Hong
Kong) Limited, Fidelity Management &
Research Company (Japan) Limited,
subadvisers. |
0.79% |
21.24% |
15.08% |
15.49% |
| Seeks high total return
through a combination
of current income and
capital appreciation. |
Fidelity® VIP Growth & Income Portfolio
(Service Class)
Fidelity Management & Research Company,
adviser; Fidelity Management & Research
Company (UK) Limited, Fidelity
Management & Research Company (Hong
Kong) Limited, Fidelity Management &
Research Company (Japan) Limited,
subadvisers. |
0.57% |
21.39% |
15.99% |
13.73% |
| Seeks long-term growth
of capital. |
Fidelity® VIP Mid Cap Portfolio (Service
Class)
Fidelity Management & Research Company,
adviser; Fidelity Management & Research
Company (UK) Limited, Fidelity
Management & Research Company (Hong
Kong) Limited, Fidelity Management &
Research Company (Japan) Limited,
subadvisers. |
0.65% |
11.66% |
10.00% |
10.48% |
| Seeks long-term growth
of capital. |
Fidelity® VIP Overseas Portfolio (Service
Class)
Fidelity Management & Research Company,
adviser; Fidelity Management & Research
Company (UK) Limited, Fidelity
Management & Research Company (Hong
Kong) Limited, Fidelity Management &
Research Company (Japan) Limited, FIL
Investment Advisers, FIL Investment
Advisers (UK) Limited and FIL Investments
(Japan) Limited, subadvisers. |
0.82% |
20.28% |
6.51% |
7.82% |
RiverSource Retirement Advisor Variable Annuity — Summary Prospectus 13
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current
Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Seeks a high level of
current income and may
also seek capital
appreciation. |
Fidelity® VIP Strategic Income Portfolio
(Service Class 2)
Fidelity Management & Research Company,
adviser; Fidelity Management & Research
Company (UK) Limited, Fidelity
Management & Research Company (Hong
Kong) Limited, Fidelity Management &
Research Company (Japan) Limited, FIL
Investment Advisers, FIL Investment
Advisers (UK) Limited and FIL Investments
(Japan) Limited, subadvisers. |
0.88% |
8.58% |
2.79% |
4.40% |
| Seeks high total return.
Under normal market
conditions, the fund
invests at least 80% of
its net assets in
investments of
companies located
anywhere in the world
that operate in the real
estate sector. |
Franklin Global Real Estate VIP Fund
(Class 2)
Franklin Templeton Institutional, LLC |
1.25%2 |
7.93% |
2.36% |
3.03% |
| Seeks to maximize
income while
maintaining prospects
for capital appreciation.
Under normal market
conditions, the fund
invests in a diversified
portfolio of equity and
debt securities. |
Franklin Income VIP Fund (Class 2)
Franklin Advisers, Inc. |
0.72% |
12.56% |
7.66% |
7.30% |
| Seeks long-term total
return. Under normal
market conditions, the
fund invests at least
80% of its net assets in
investments of small
capitalization
companies. |
Franklin Small Cap Value VIP Fund (Class 2)
Franklin Mutual Advisers, LLC |
0.91%2 |
7.65% |
8.86% |
9.81% |
| Seeks long-term capital
appreciation. |
Goldman Sachs VIT Mid Cap Value Fund
(Institutional Shares)
Goldman Sachs Asset Management, L.P. |
0.81%2 |
9.39% |
10.05% |
10.02% |
| Seeks long-term growth
of capital. |
Goldman Sachs VIT Small Cap Equity
Insights Fund (Institutional Shares)
Goldman Sachs Asset Management, L.P. |
0.82%2 |
16.14% |
10.47% |
10.84% |
| Seeks long-term growth
of capital and dividend
income. |
Goldman Sachs VIT U.S. Equity Insights
Fund (Institutional Shares)
Goldman Sachs Asset Management, L.P. |
0.56%2 |
15.75% |
13.81% |
13.73% |
| Non-diversified fund that
seeks capital growth. |
Invesco V.I. American Franchise Fund
(Series I Shares)
Invesco Advisers, Inc. |
0.85% |
11.66% |
10.35% |
14.87% |
| Seeks total return with a
low to moderate
correlation to traditional
financial market indices. |
Invesco V.I. Balanced-Risk Allocation Fund
(Series II Shares)1 Invesco Advisers, Inc. |
1.13%2 |
8.69% |
2.27% |
4.91% |
14 RiverSource Retirement Advisor Variable Annuity — Summary Prospectus
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current
Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Seeks capital growth
and income through
investments in equity
securities, including
common stocks,
preferred stocks and
securities convertible
into common and
preferred stocks. |
Invesco V.I. Comstock Fund (Series II
Shares)
Invesco Advisers, Inc. |
1.00% |
17.14% |
15.14% |
11.67% |
| Seeks capital
appreciation. |
Invesco V.I. Discovery Mid Cap Growth Fund
(Series I Shares)
Invesco Advisers, Inc. |
0.86% |
4.79% |
3.90% |
11.38% |
| Seeks long-term growth
of capital. |
Invesco V.I. EQV International Equity Fund
(Series II Shares)
Invesco Advisers, Inc. |
1.15% |
16.23% |
3.42% |
5.95% |
| Seeks capital
appreciation. |
Invesco V.I. Global Fund (Series II Shares)
Invesco Advisers, Inc. |
1.06% |
15.05% |
7.01% |
10.72% |
| Seeks total return |
Invesco V.I. Global Strategic Income Fund
(Series II Shares)
Invesco Advisers, Inc. |
1.20%2 |
12.75% |
1.39% |
2.76% |
| Seeks long-term growth
of capital. |
Invesco V.I. Health Care Fund (Series II
Shares)
Invesco Advisers, Inc. |
1.24% |
15.08% |
3.54% |
6.31% |
| Seeks capital
appreciation. |
Invesco V.I. Main Street Small Cap Fund®
(Series II Shares)
Invesco Advisers, Inc. |
1.09% |
8.44% |
8.07% |
10.31% |
| Seeks long-term capital
growth, consistent with
preservation of capital
and balanced by current
income. |
Janus Henderson Balanced Portfolio
(Service Shares)
Janus Henderson Investors US LLC |
0.87% |
14.84% |
8.21% |
9.86% |
| Seeks long-term growth
of capital. |
Janus Henderson Enterprise Portfolio
(Service Shares)
Janus Henderson Investors US LLC |
0.97% |
7.41% |
7.35% |
12.51% |
| Seeks to obtain
maximum total return,
consistent with
preservation of capital. |
Janus Henderson Flexible Bond Portfolio
(Service Shares)
Janus Henderson Investors US LLC |
0.82%2 |
7.22% |
(0.47%) |
2.07% |
| Seeks long-term growth
of capital. |
Janus Henderson Global Technology and
Innovation Portfolio (Service Shares)
Janus Henderson Investors US LLC |
0.97% |
24.84% |
13.44% |
21.18% |
| Seeks long-term growth
of capital. |
Janus Henderson Overseas Portfolio
(Service Shares)
Janus Henderson Investors US LLC |
0.96% |
28.58% |
9.17% |
8.97% |
| Seeks long-term growth
of capital. |
Janus Henderson Research Portfolio
(Service Shares)
Janus Henderson Investors US LLC |
1.07% |
18.10% |
13.83% |
15.59% |
| Seeks total return. |
Lazard Retirement Global Dynamic
Multi-Asset Portfolio (Service Shares)1 Lazard Asset Management, LLC |
1.05%2 |
15.72% |
5.19% |
5.93% |
RiverSource Retirement Advisor Variable Annuity — Summary Prospectus 15
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current
Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Seeks capital growth. |
LVIP American Century International Fund
(Standard Class II)
Lincoln Financial Investments Corporation,
adviser; American Century Investment
Management, Inc., subadviser. |
0.95%2 |
15.98% |
1.85% |
6.42% |
| Seeks long-term capital
growth. Income is a
secondary objective. |
LVIP American Century Mid Cap Value Fund
(Service Class)
Lincoln Financial Investments Corporation,
adviser; American Century Investment
Management, Inc., subadviser. |
1.01%2 |
8.83% |
8.72% |
8.96% |
| Seeks capital growth. |
LVIP American Century Ultra® Fund (Service
Class)
Lincoln Financial Investments Corporation,
adviser; American Century Investment
Management, Inc., subadviser. |
0.90%2 |
12.67% |
11.52% |
17.00% |
| Seeks long-term capital
growth. Income is a
secondary objective. |
LVIP American Century Value Fund (Standard
Class II)
Lincoln Financial Investments Corporation,
adviser; American Century Investment
Management, Inc., subadviser. |
0.71%2 |
16.02% |
11.65% |
10.23% |
| Seeks capital
appreciation. |
MFS® Massachusetts Investors Growth
Stock Portfolio (Service Class)
Massachusetts Financial Services Company |
0.97%2 |
9.61% |
9.74% |
13.98% |
| Seeks capital
appreciation. |
MFS® New Discovery Series (Service
Class) Massachusetts Financial Services
Company |
1.12%2 |
12.56% |
(0.54%) |
10.46% |
| Seeks total return. |
MFS® Utilities Series (Service Class)
Massachusetts Financial Services Company |
1.03%2 |
14.76% |
7.38% |
9.22% |
| The Fund seeks
long-term capital growth
by investing primarily in
common stocks and
other equity securities. |
Morgan Stanley VIF Discovery Portfolio
(Class II Shares)
Morgan Stanley Investment Management
Inc. |
1.05%2 |
12.44% |
(5.46%) |
14.04% |
| Seeks to provide total
return. |
Nomura VIP Asset Strategy Series (Service
Class) (previously Macquarie VIP Asset
Strategy Series (Service Class))
Delaware Management Company, adviser;
Macquarie Investment Management Global
Limited, subadviser. |
0.77%2 |
16.66% |
7.07% |
7.84% |
| Seeks maximum real
return, consistent with
preservation of real
capital and prudent
investment
management. |
PIMCO VIT All Asset Portfolio (Advisor
Class)3 Pacific Investment Management Company LLC (PIMCO) |
2.23%2 |
14.19% |
5.49% |
6.67% |
| Seeks total return which
exceeds that of a blend
of 60% MSCI World
Index/40% Barclays
U.S. Aggregate Index. |
PIMCO VIT Global Managed Asset Allocation
Portfolio (Advisor Class)3 Pacific Investment Management Company LLC (PIMCO) |
1.31%2 |
21.77% |
6.94% |
7.88% |
16 RiverSource Retirement Advisor Variable Annuity — Summary Prospectus
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current
Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Seeks maximum total
return, consistent with
preservation of capital
and prudent investment
management. |
PIMCO VIT Total Return Portfolio (Advisor
Class)
Pacific Investment Management Company
LLC (PIMCO) |
0.83% |
8.78% |
(0.08%) |
2.26% |
| Seeks long-term capital
appreciation. |
Putnam VT Sustainable Leaders Fund
(Class IB Shares)
Putnam Investment Management, LLC,
adviser; Franklin Advisers, Inc. and Franklin
Templeton Investment Management Limited,
subadvisers. |
0.88% |
10.69% |
10.34% |
14.69% |
| Seeks long-term growth
of capital. Royce invests
the Fund's assets
primarily in equity
securities of micro-cap
companies, those that
have a market
capitalization not
greater than that of the
largest company in the
Russell Microcap® Index
at the time of its most
recent reconstitution. |
Royce Capital Fund - Micro-Cap Portfolio
(Investment Class)
Royce & Associates, LP |
1.22% |
13.89% |
9.17% |
10.14% |
| Seeks high current
income, consistent with
preservation of capital,
with capital appreciation
as a secondary
consideration. Under
normal market
conditions, the fund
invests at least 80% of
its net assets in debt
securities of any
maturity. |
Templeton Global Bond VIP Fund (Class 2)
Franklin Advisers, Inc. |
0.75%2 |
15.73% |
(0.96%) |
(0.15%) |
| Seeks long-term capital
appreciation by
acquiring common
stocks of well-financed
companies (meaning
companies with high
quality assets and
conservative levels of
liabilities) at a discount
to what the Adviser
believes is their intrinsic
value. |
Third Avenue VST Third Avenue Value
Portfolio
Third Avenue Management LLC |
1.31%2 |
34.85% |
17.68% |
9.66% |
RiverSource Retirement Advisor Variable Annuity — Summary Prospectus 17
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current
Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Seeks long-term capital
appreciation by
investing in common
stocks of gold-mining
companies. The Fund
may take current
income into
consideration when
choosing investments. |
VanEck VIP Global Gold Fund (Class S
Shares)
Van Eck Associates Corporation |
1.45%2 |
164.43% |
20.00% |
20.89% |
| Seeks to provide a high
level of total return that
is consistent with an
aggressive level of risk. |
Variable Portfolio - Aggressive Portfolio
(Class 2)3 Columbia Management Investment Advisers, LLC |
1.04% |
17.63% |
8.13% |
9.06% |
| Seeks to provide a high
level of total return that
is consistent with an
aggressive level of risk. |
Variable Portfolio - Aggressive Portfolio
(Class 4)3 Columbia Management Investment Advisers, LLC |
1.04% |
17.63% |
8.13% |
9.06% |
| Seeks to provide a high
level of total return that
is consistent with a
conservative level of
risk. |
Variable Portfolio - Conservative Portfolio
(Class 2)3 Columbia Management Investment Advisers, LLC |
0.89%2 |
10.21% |
1.62% |
3.53% |
| Seeks to provide a high
level of total return that
is consistent with a
conservative level of
risk. |
Variable Portfolio - Conservative Portfolio
(Class 4)3 Columbia Management Investment Advisers, LLC |
0.89%2 |
10.21% |
1.64% |
3.53% |
| Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility. |
Variable Portfolio - Managed Risk Fund
(Class 2)1,3 Columbia Management Investment Advisers, LLC |
1.02%2 |
12.15% |
4.73% |
- |
| Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility. |
Variable Portfolio - Managed Risk U.S. Fund
(Class 2)1,3 Columbia Management Investment Advisers, LLC |
0.99% |
9.59% |
5.64% |
- |
| Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility. |
Variable Portfolio - Managed Volatility
Conservative Fund (Class 2)1,3 Columbia Management Investment Advisers, LLC |
0.95% |
9.17% |
1.15% |
3.33% |
| Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility. |
Variable Portfolio - Managed Volatility
Conservative Growth Fund (Class 2)1,3 Columbia Management Investment Advisers, LLC |
0.97% |
11.02% |
2.66% |
4.53% |
| Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility. |
Variable Portfolio - Managed Volatility Growth
Fund (Class 2)1,3 Columbia Management Investment Advisers, LLC |
1.01% |
14.75% |
5.83% |
6.95% |
18 RiverSource Retirement Advisor Variable Annuity — Summary Prospectus
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current
Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Pursues total return
while seeking to
manage the Fund’s
exposure to equity
market volatility. |
Variable Portfolio - Managed Volatility
Moderate Growth Fund (Class 2)1,3 Columbia Management Investment Advisers, LLC |
0.98% |
12.87% |
4.29% |
5.82% |
| Seeks to provide a high
level of total return that
is consistent with a
moderate level of risk. |
Variable Portfolio - Moderate Portfolio
(Class 2)3 Columbia Management Investment Advisers, LLC |
0.96% |
13.86% |
4.91% |
6.42% |
| Seeks to provide a high
level of total return that
is consistent with a
moderate level of risk. |
Variable Portfolio - Moderate Portfolio
(Class 4)3 Columbia Management Investment Advisers, LLC |
0.96% |
13.84% |
4.92% |
6.42% |
| Seeks to provide a high
level of total return that
is consistent with a
moderately aggressive
level of risk. |
Variable Portfolio - Moderately Aggressive
Portfolio (Class 2)3 Columbia Management Investment Advisers, LLC |
1.00% |
15.71% |
6.44% |
7.71% |
| Seeks to provide a high
level of total return that
is consistent with a
moderately aggressive
level of risk. |
Variable Portfolio - Moderately Aggressive
Portfolio (Class 4)3 Columbia Management Investment Advisers, LLC |
1.00% |
15.68% |
6.44% |
7.71% |
| Seeks to provide a high
level of total return that
is consistent with a
moderately conservative
level of risk. |
Variable Portfolio - Moderately Conservative
Portfolio (Class 2)3 Columbia Management Investment Advisers, LLC |
0.94% |
12.10% |
3.18% |
4.92% |
| Seeks to provide a high
level of total return that
is consistent with a
moderately conservative
level of risk. |
Variable Portfolio - Moderately Conservative
Portfolio (Class 4)3 Columbia Management Investment Advisers, LLC |
0.94% |
12.13% |
3.19% |
4.92% |
| Seeks to provide
shareholders with
long-term capital growth. |
Variable Portfolio - Partners Core Equity Fund
(Class 3)
Columbia Management Investment Advisers,
LLC, adviser; J.P. Morgan Investment
Management Inc. and T. Rowe Price
Associates, Inc., subadvisers. |
0.81%2 |
13.26% |
13.18% |
12.77% |
| Seeks to provide
shareholders with
long-term capital
appreciation. |
Variable Portfolio - Partners Small Cap Value
Fund (Class 3)
Columbia Management Investment Advisers,
LLC, adviser; Segall Bryant & Hamill, LLC
and William Blair Investment Management,
LLC, subadvisers. |
0.97%2 |
7.21% |
6.73% |
7.20% |
| Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility. |
Variable Portfolio - U.S. Flexible Conservative
Growth Fund (Class 2)1,3 Columbia Management Investment Advisers, LLC |
0.96% |
9.22% |
3.53% |
- |
RiverSource Retirement Advisor Variable Annuity — Summary Prospectus 19
| Investment Objective |
Fund and
Adviser/Sub-Adviser |
Current
Expenses
Ratio
[NET] |
Average Annual Total Returns
(as of 12/31/2025) | ||
| 1 Year |
5 Year |
10 Year | |||
| Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility. |
Variable Portfolio - U.S. Flexible Growth Fund
(Class 2)1,3 Columbia Management Investment Advisers, LLC |
0.93% |
11.07% |
7.36% |
- |
| Pursues total return
while seeking to
manage the Fund's
exposure to equity
market volatility. |
Variable Portfolio - U.S. Flexible Moderate
Growth Fund (Class 2)1,3 Columbia Management Investment Advisers, LLC |
0.94% |
10.10% |
5.46% |
- |
| Seeks to maximize total
return. Under normal
market conditions, the
fund invest at least 80%
of its assets in high
yield bonds. Under
normal circumstances,
the fund will be invested
in at least three
countries (one of which
may be the United
States). |
Western Asset Variable Global High Yield
Bond Portfolio (Class II)
Franklin Templeton Fund Adviser, LLC,
adviser; Western Asset Management
Company, LLC, subadviser. |
1.06% |
9.95% |
2.34% |
5.09% |
1
This Fund is managed in a way that is intended to minimize volatility of returns. See “Principal Risks of Investing in the Contract.”
2
This Fund and its investment adviser and/or affiliates have entered into a temporary
expense reimbursement arrangement and/or fee waiver. The Fund’s annual expenses reflect temporary fee reductions. Please see the Fund’s prospectus for additional
information.
3
This Fund is a fund of funds and invests substantially all of its assets in other
underlying funds. Because the Fund invests in other funds, it will bear its pro rata portion of the operating expenses of those underlying funds, including management
fees.
The following is a list of Fixed Options currently available under the Contract. We may change the features of the Fixed Options listed below or terminate existing Fixed Options. We will provide you
with written notice before doing so.
| Fixed Account |
1 Year |
All |
3.00% |
20 RiverSource Retirement Advisor Variable Annuity — Summary Prospectus
The prospectus and Statement of Additional
Information (SAI) include additional information about the Contract. The prospectus and SAI, dated the same date as this summary prospectus, are incorporated by reference. The prospectus and SAI are available, without charge, upon request. For a free copy of the prospectus, SAI, or for more information about the Contract, call us at 1-800-862-7919, visit our website at
riversource.com/annuities or write to us at: 70100 Ameriprise Financial Center Minneapolis, MN 55474.
RiverSource Life Insurance Company
70100 Ameriprise Financial Center
Minneapolis, MN 55474
1-800-862-7919
70100 Ameriprise Financial Center
Minneapolis, MN 55474
1-800-862-7919
USP9070_12_E01_(05/26)
Reports and other information about RiverSource Variable Account 10 are available on
the SEC’s website at http://www.sec.gov, and copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address:
publicinfo@sec.gov.
EDGAR
Contract Identifier:
C000009760
©2008-2026 RiverSource Life Insurance Company. All rights reserved.