USAA Life Insurance Company - Fidelity Investments

1 Founded in 1963, usaa life Insurance Company is among the nation s most respected usaa life Insurance Company has valued assets of more than $28 billion and annual premiums of more than $ billion (as of December 2020). Annuities are underwritten by usaa life Insurance Company or usaa life Insurance Company of New York. usaa life Insurance Company operates in DC and all states except New York, where usaa life Insurance Company of New York Strength Rating2 and Comdex Ranking3 Major rating agencies issue public ratings on the member Insurance companies affiliated with usaa life Insurance Company . Financial strength ratings apply to the individual member Insurance companies affiliated with usaa life .

2 Industry ratings from the major rating agencies are widely recognized indicators of a Company s financial strength and stability. usaa life s financial strength is reflected through the individual Insurance companies with some of the highest ratings in the life Insurance industry:A++AA+Aa199AM BestStandard & Poor sMoody sComdexSuperiorVery StrongExcellentInspired by our mission and our commitment to provide excellent service for our members, we stand financially strong. It s this strength that helps enable us to pay claims promptly, serve our growing membership, and invest in ways that will help us to better serve you in the and Accomplishments of usaa life Insurance Company 99 out of 100: Comdex Ranking Ward s 50 list of top-performing companies.

3 This is the 28th time usaa life has been recognized as a superior performer (1992, 1994, 1995, and 1997-2021). usaa membership is not required for life and Annuity In 1922, when 25 Army officers met in San Antonio and decided to insure each other s vehicles, they couldn t have imagined that their tiny organization would one day serve millions of members and become one of the only fully integrated financial services organizations in America. As a diversified family of financial services companies, usaa has a total net worth of $40 billion a solid financial foundation of strong liquidity and low debt. Despite the challenges of 2020, usaa s net worth grew by 14% and assets increased by 15% to $200 billion.

4 A Fortune 500 Company , usaa is ranked No. 84 on the 2021 list (ranked in 2021 for 2020 results). In 2020, usaa contributed $87 million to nonprofit organizations, including: The Military Family Relief Initiative, which provided $30 million to 24 nonprofits for pandemic-related relief. A three-year, $50 million commitment to advance racial equality. $ million for nonprofits from usaa employees, who logged more then 185,000+ volunteer reverse for more information Company PROFILEUSAA life Insurance CompanyLife Insurance and annuity products are not bank products, are not deposits, are not insured by the FDIC or any other federal entity, have no bank guarantee, and may lose 2021 FMR LLC.

5 All rights reserved. 1 As of May 1, 2021, Best: A++, Superior (highest of 16 possible ratings); Moody s Investors Service: Aa1, Excellent (second highest of 21 possible ratings); Standard & Poor s: AA+, Very Strong (second highest of 21 possible ratings). Ratings are subject to change. Ratings apply to usaa life Insurance Company and not to the products or services it provides. Company ratings represent an opinion of financial strength and the Company s ability to meet ongoing obligations to policyholders. Ratings refer to the claims-paying ability of the Insurance Company and do not reflect the safety or performance of any product. The rating agencies listed are independent of each other and use proprietary evaluation criteria and ratings scales.

6 For the latest Financial Strength Ratings, visit , , and The Comdex gives the average percentile ranking of a Company in relation to all other companies that have been rated by the rating services. The Comdex Ranking is the percentage of companies that are rated lower than usaa life Insurance are generally suitable for long-term investing, particularly retirement savings. An annuity is a long-term Insurance contract sold by an Insurance Company , which is designed to provide an income, usually after retirement, that cannot be outlived. There are fees, expenses, and surrender charges that may not previously taxed is taxed as income when withdrawn. Withdrawals before age 59 may be subject to a 10% federal tax of the term member or membership refers to membership in usaa Membership Services and does not convey any legal or ownership rights in apply and are subject to Insurance and annuities are provided by usaa life Insurance Company , San Antonio, TX, and in New York by usaa life Insurance Company of New York, Highland Falls, NY.

7 All Insurance products are subject to state availability, issue limitations, and contractual terms and conditions. Each Company has sole financial responsibility for its own products. 280924-0821